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2023-03-31-accounts

Caddington Heathfield Centre Trustees’ Annual Report for the period Period from 1 May 2022 to 31 March 2023

Objectives and Activities

To further or benefit the residents of Caddington and the neighbourhood and to provide facilities in the interest of social welfare for recreation and leisure time occupation.

To establish or secure the establishment of a Community Centre and to maintain or manage or cooperate with any statutory authority in the maintenance and management of such a centre.

The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance

Throughout the period, the Community Centre has been open for the residents of Caddington and the neighbourhood. On average, there has been over 500 residents a week using the Centre.

Financial Review

The Charity’s financial position at the end of the period is deemed to be satisfactory for its purposes.

The Trustees consider that a reasonable level of reserves should held, so that funds are available if there is a significant cost required for a one-off significant repair/maintenance. The desired minimum amount of reserves to cover these costs at the period end is £3,000.

The Building and Land are currently owned by Central Bedfordshire Council, who are at present considering refurbishing the Building and the utilisation of the Site, which may impact upon the Charity’s ability to continue to provide a Community Centre.

Structure, Governance and Management

Caddington Heathfield Centre is a Charitable Incorporated Organisation that is governed by a Constitution.

The agreement of the majority of the Trustees by a resolution is required to appoint a new Trustee. Any new Trustee will be appointed for a 3-year term. In the appointment process of a new Trustee, the Trustees must have regard to the skills, knowledge and experience needed for the administration of the Charity.

Declarations

The Trustees declare that they have approved the Trustees’ Report above. Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Mr R W Fitzsimmons Mr J Waller Position Chair Secretary

Date

Caddington Heathfield Centre 1198785

Receipts and payments accounts

For the period from 1-May-22 To 31-Mar-23

Section A Receipts and payments

Section A Receipts and payments Section A Receipts and payments
Receipts
Hire of Hall/Facilities
14,239
Donations and Grants
881
FundraisingEvents
757
Total receipts 15,877
Unrestricted
funds
to the nearest £
to the nearest £
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
14,239
881
757
15,877
Last year
to the nearest £
Hire of Hall/Facilities 14,239 - -
-
-
-
14,239 -
Donations and Grants 881 - 881 -
FundraisingEvents 757 - 757 -
**Total receipts ** 15,877 - 15,877 -
Payments
Light,Heat and Water
12,833
Repairs and Maintenance
1,744
Costs of FundraisingEvents
133
Computer Costs
227
Bank Charges
75
SundryExpenses
10
-
Total payments 15,022
Net of receipts/(payments) 855
-
-
-
-
-
-
-
-
-
12,833
1,744
133
227
75
10
-
15,022
855
-
-
-
-
-
-
-
-
12,833 -
1,744 -
133 -
227 -
75 -
10 -
- -
15,022 -
- - 855 -

Section B Statement of assets and liabilities at the end of the period

Details
Bank Accounts
On behalf of Village Magazine
Details
Trade Debtors
Details
Village Magazine
Central Beds Council
Accruals
Total cash funds
to nearest £
Unrestricted
funds
to nearest £
-
500
-
500
to nearest £
-
-
500
500
Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
18,451
18,451
- -
500 -
- -
500 -
to nearest £
Unrestricted
funds
to nearest £
Endowment
funds
1,007
1,007
- -
- -
Fund to which
liability relates
When due
(optional)
Village Magazine 9,235
4,765
14,000
500
Central Beds Council
Accruals
500 -

Date of approval

Signed by one or two trustees on behalf of all the trustees

Signature

Print Name