CHARITY REGISTRATION NUMBER: 1198921 St Sampson's Centre Unaudited Financial Statements For The Year ended 30th September 2024 St Sampson's Centre Financial Ststements For the year ended 30 September 2024 Contents PaBe Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial statements 7,11 St Sampson's Centre Trustees. Annual Report For the year ended 30 September 2024 The Iruslees, present their ieport and the unaudited financial ststemenls of the charity for the year ended 30th September 2024. Reference and admlnlstratlve details Registered charlty name St Sampson's Centre Charity registration number 1198921 Prlncipal offiGo Church Street, York, Y01 88E The tru5tegs Ms R E Potter Mr M R Kirby Mr G Hutchinson Ms S F Hutchinson Ms J Clerkin Mr D Ormondroyd MrMCFox resigned 9th December 2024 appointed 29th April 2024 appointed 9th December 2024 appointed 9th December 2024 Independent examiner A J Brown FCA Unil 19B Escrick Business Park York Structure. governance and managerngnt Governing Document The organisalion is a registered Charitable Incorporated Organisalion established by Constitution operating nder the Charity Commission and therefore subject to Charity Law. The Constitution sets down the objects and procedures of the charty with membership limited to the trustees of the Charity. Trustees Appointment Induction and Training Committee under the Conslitulion. The Trustees are elected al the Annual General Meeting or co-opted as vacancies arise.The Trustees are elected in three year terms and meet at least every few months lo decide on major issues and leave the day lo day iunning of the Charity lo the Centre Manager although several of the Trustees are available at the Centre several times a week. With reference to Trustees indudion and training most trustees are already familiar with the practical work of the charity however other committee members are available lo help any new trustees with their duties and responsibilities. Risk Management to miligale the risks which include compliance with health and salety. staffing. volunteers and visitors to the Centre. Page 1 St Sampson's Centre Trustees, Annual Report continued For the year ended 30 September 2024 Objectives and actlvlties The Charity was registered under the Charities Acts on 11th May 2022 as a Charitable Incorporated Organisation and look oveT all the assets and liabilities of another charity Sl Sampson's Social Centre for Old People. York with Charity Registered Number 512134 as of 30th September 2022 and commenced activities on 1 sl October 2022. The objectives of the Charity are the provision of 8 centre which will provide or assist in the provision of facilities for recrealiori OT other leisuTelime occupation in the inleiests of social welfare for persons in and around York who have need ol such facilities by reason of their age,infiTmily or disability with the object of improving their conditions of life. The Charity operates from The Sl Sampsons Church in the centre of York and attracts hundreds of persons every day seeking relaxation, companionship and refreshment. The Charity is constantly striving lo improve the facilities Provided and this is only possible through the dediGalion and hard work of our many volunteers and management team. We very much appreciate their commitment and continued support. Achievgmonts and performance The total incoming resource5 for the year were £219469 12023 £316,409 including the net transfer of assets and liabilities from St Sampson Social Centre for Old People York tolalling £130,1071.The total expenditure for the year was £200615 12023 £196,572). The main income of the Charity is received for providing refreshments at the Centre which lotalled £136748 12023 £144,301 1.The overall excess of income over expenditure was£1885412023 £119,837 including the nel incoming transfer of £130,107). The management committee exercise prudent financial control whilst striving lo maintain the Centre lo the highest standards. Financial review Principal Funding Sources The main income streams for the Charity are from receivSng donatSons and gTants,providing refreshments at the Centre and staging fundraising events such as raffles and jumble sales. Investment Policy The Twstees consider that minimal risk should be taken with the Charity funds and therefore monies on hand are invested in cash deposits where monies are readily available rf needed. The interest eamed in the year lotalled £4889 { 2023 £7025 }. There are no reslriclions on the chartys power to invest. Reserves Policy The Charity considers that sufficlenl reserves should be held lo ensure its continuation and to meet any unexpected costs and in particular those relatrng lo the maintenance and repairs under the lemis of the lease which could be considerable because of the costs involved in repairing such an old building. The Trustees have created a designated fund to set aside monies for this specific purpose for the repairs to the building and transfer monies when considered necessary. The Iruslees consider that funds amounting lo six months normal expenditure plus funds for specific projects should be maintained. The trustees, annu81 report wa5 approved on 10th February 2025 and $i9ned on behalf oflhe board of trustees b￿. Ms R E Potter Trustee Page 2 St Sampson's Centre Independent Examiner's Report to the Partners of St Sampson's Centre For the year ended 30 September 2024 I report to the trustees on my examination of the financial statements of Sl Sampson's Centre flhe charity'l foi the period ended 30 September 2024. Responsibilities and basls of report As the trustees ol the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 20111'the Act'i. I report in respect of my examination of the charity's financial statements ¢arTied out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under seclion 14515}Ib) of the Act. Independent examinerfs Statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examinalion giving me cause to believe th81 in any material respect.. accounting records were not kept in respect of the charity as ￿quIred by section 130 of the Act.. or the financial slatemeDls do not accord with those records., or the financial statements do not comply wlth the applicable requirements concerning the fomi and conlenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. I have no COn￿mS and have come acrosg no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. A J Brown FCA Independent Examiner Unit 19b Escrick Business Prf< York Y019 6FD Page 3 St Sampson's Centre Statement of Financial Activities For the year ended 30 September 2024 30-Sep-24 30-Sep-23 Unieslrict Restricted ed funds funds Total funds Total funds Note Income and endowments Donations. legacie5 & grants Charitable activities Fundraising activities Investment income other income 65430 136748 12402 4889 65430 156,914 136748 144,301 12402 8,019 4889 7.025 150 Total Income 219469 219469 316,409 Expgndituro Expenditure on charitable aclivilies Governance costs 9.10 197619 2996 197619 192,728 2996 3,844 Total Expenditure 200615 200615 196.572 Net income and not movement in funds 18,854 18,854 119837 Reconciliation of fvnds Total funds brought forward 118933 904 119837 Total funds carried forward 137,787 904 138,691 119837 The statement of financial aclivilies inclu(Jes all gains and losses iecognised in the year. All income and expenditure derive from continuing actsvities. page 4 St Sampson's Centre statement of Financial Position 30 September 2024 Note 30-Sep-24 30-Sep-23 Current assets Stocks Cash al bank and in hand 16 3804 136387 3,330 119,212 140191 122,542 Creditors: amounts falllng due wlthin ong year 17 1500 2,705 Net current assgts 138691 119,837 Total assets less curront liabilities 138691 119,837 Ngt assets 138691 119,837 Funds ofthe charity Reslricled Funds Unreslricled funds 904 904 137787 118.933 Total charity fund$ 19-20 138,691 119,837 These financial slalemenls were approved by the board of trustees and authorised for issue on 10th February 2025, and are signed on behalf of the board by.. Mr M R Kirby Trustee page S St Sampson's Centre Statement of Cash Flows For the year ended 30 September 2024 30-Sep-24 30-Sep-23 Ca$h flows from operating activltles Net income 18,854 119,837 Adjustmenfs for Other interest recelvable and similar income Accrued expenses 4,889 -1,205 -7,02S 2.705 Changes in.. Stocks 474 -3,330 Cash generated from opeTations 12.286 112,187 Interest received 4.889 7.025 Nel cash from operating activities 17,175 119,212 Net increase in cash and cash equivalents Cash and cash gquivalents at beglnnlng of period 17.175 119212 119,212 Cash and cash equivalgnts at gnd of period 136,387 119,212 Page 6 St Sampson's Centre Notes to the Financial Statements For the year ended 30 September 2024 1. Gongral infomiatlon The charity is a public benefit enlity and a registered charity in England and Wales and is unincorporaled. The address of the principal office is Church Street, YoTk, Y018BE, England. 2. Statement of compliancg These financial stslements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities SORP {FRS 10211 and the Charities Ac12011. 3. Accounting pollcles Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of ￿rtain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the Gharily's ability to continue. Judgements and key sources of estimation uncertainty Eslimalions are made in the accounts where the exact amounts are not known typically accruals and cost of stocks based upon the past and any known factors. Fund accountlng Unreslricled funds are available for use at the discretion of the Iruslees to further any of the charity's purposes. Designated funds are unrestricted funds eam)arked by the partners for particular future project or commitment. Restricted funds are Subiected lo restriclions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-clas5es.' restricted income funds or endowment funds. Incoming resources All Incoming resources are included in the statement of financial activities when entitlement has passed lo the charity,. rt is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of Income- income from donations or grants are recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy in¢ome is recognised when re￿Ipt is probable and entitlement is eslablished. Page 7 St Sampson's Centre Notes to the Financial Statements For the year ended 30 September 2024 Incoming resources (continued ) income from donated goods is measured at the fair value of the goods unless this is impractical to rneasure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volur71eers. income from contracts for the supply of servi<*s is recognised with the delivery of the contracted service. This is classified as unreslricled funds unless there is a contractual requirement for il lo be spent on a pa￿'Cular puipose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an ?￿r￿al5 basi5 as a liability is incurred. Expenditure includes any VAT which cannot be fijlly recovered. and is classffied under headings of the statement of financial activities to which il relates.. expenditure on raising funds includes the costs of all fundraising activities. events, non-ch8rilable trading activities. and the sale of donated goods. expenditure on charitable adivities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of its beneficiaries. including those support costs and costs relating to the governan￿ of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related lo raising funds for the charily nor part of ils expenditure on charitsble aclivilies. All costs ale allocated to expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs are apportioned behveen the activities they contribute lo on a reasonable. justifiable and consislenl b8SIS. Operatlng leases Lease payments are recognised a5 an expense over the lease temi on a slraight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease temi. on a straighl-lirie basis. Stocks Stocks are measured at the lower of cost and estimated selling prlee less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to rts present location and condition. Financlal instruments A financi818ssel or a financial liability is recognised only when the charty becomes a party lo the contractual provisions of the inslrumenl. Basic financial instruments are initially recognised al the amount ieceivable or payable including any related transaction costs. Current assets and curr8nt Siabilities are subsequently measured al the cash or other Gonsideralion expected to be paid or received and not discounted. Deflned contrlbutlon plans Conlribijtions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead lo a reduction in future payments or a cash refund. Page 8 St SamDson's Centre Notes to the Financial Statements For the year ended 30 September 2024 4. Donations Legaclgs & Grants Donations General Donations Donations from Another Charity Grants Grants receivable Unreslricl Total Funds Total Funds ed Funds 2024 2023 30361 30361 21913 130107 35069 35069 4894 totals 65430 65430 156914 5. Charitable actlvitles Unreslricl ed Funds Total 2024 Total 2023 Sale of goods as part of charitable activities 136748 136748 144301 6. Other tradlng activitles Unreslricl ed Funds Total 2024 Total 2023 Fundraising events 12402 12402 8019 7. Invostment income Bank interest received Unreslricl ed Funds Total 2024 Totsl 2023 4889 4889 7025 8. Other income Other Income Unrestricl ed Funds Total 2024 Total 2023 150 9. Exp9nditure on charitable activit19s by fund Unreslrict Total 2024 Totsl 2023 Cafe & Establishment cost5 Suport Costs Governace Costs Funds 131919 65700 2996 131919 65700 2996 132073 60655 3844 10. Expenditure on charitable acuvities by a¢tivity type Activities undertaken directly 131919 Cafe & Establishment costs Governance Costs Support Total funds Total funds costs 2024 2023 65700 197619 192728 2996 2996 3844 Page 9 st Sampson's Centre Notes to the Financial Statements For the year ended 30 September 2024 11. Analysis of support costs 30.Sep-24 304ep.23 Staff costs Repairs Communications and IT General office Miscellaneous costs 60546 1936 368 1384 1466 56715 14 365 1221 2340 12. Net Income Nel income is stated after chargingl{credlting).' Operating lease rentals 30-Sep-24 3o￿ep-23 10556 13. Independent examination fees Fees payable lo the independent examiner for.. Independent examination of the financial Other financial services 30-Sep-24 30-Sep-23 15 1496 1800 2046 14. Staff costs Wages & Salaries Employer contributions to pension plans 30-Sep-24 30-Sep23 95313 90861 321XJ 3116 The average number of employees during the period was 9 {2023 7) No employee received employee benefits of more than £60,000 during either of the periods 15. Trustee remuneration and expenses No remuneration or expenses were paid to any Iruslee during Ihe Iwo periods. 16. Stocks Goods for resale Non resale stock 304ep-24 30-Sep23 1904 1577 1900 1753 17. Creditors: amounts falling due within ono ygar Accruals 30-Sep-24 30-Sep23 Isoo 2705 18. Penslons and other post retirement benefits Defined COntrib￿lon plans The amount recognised as an expense in relation to defined contribution plans was.. 304ep-24 30-Sep.23 32(XJ 3116 page 10 St Sampson's Centre Notes to the Financial Statsments For the year ended 30 September 2024 19.Analysis of charitable lund$ Unrestricted fund5 General Fund Designated Buikling Fund BIFWD Income Expendlture 3o￿ep-34 30-Sep-23 18933 iooooo 219469 200615 37787 100000 18933 l(N)000 219469 200615 Restricted funds Small Specific Funds 904 904 904 Totsl 2024 Total 2023 20. Analysls of net assets between funds Unrestricted Restricted Current assets Creditors less than 1 year Net assets 139287 1500 904 140191 151)0 122542 2705 At At 30 Sep 20 30 Sep 20 24 23 136387 119212 21. Analysis of changes In net debt C85h at bank and in hand Bl Fwd 119212 Cash flows 17175 Page 11