NEW MILTON MEMORIAL CENTRE
Year ending 31 March 2024
Charlty Numbor.. 1200325
Unaudited accounts

Page
Charity Intomiatlon
Tru8te8'8 Report
Incom8 & Exp8nditur8 Account
8818nce Sheet
Cash Flow
Notes to the Accounts
12
Accountant's R&port

CHfvllllfiNEQWTION
Trusto9s
Anthony John Almoda (appointed 4 October 20231
Peter Mlchaol Parslow
Neil &wgnson
Alan David Waison
Charlty Numb81
1200325
New Milton Memorlal Centre
Whitefield Ro8d
New Milton
Hampghlr
Lloyds Bank
Mi P Davi8 Ichairman part ofyearl
Mr AWBtson IChairm8n part olyearl
N Sandom (Centre M8n8gerl
Mrs J Rgndall
Mr81 Taylor
Cllr G Beck (Royal Brf(ish Legionl
CllrA Rice INOW d•e8ased- part ofyoarl

Trustees. Reportfor thg ygar ended 31 Morch 2024
ORGANISATIONALSTRUGTURE AND MANAGEMENT
The Centre ¢ompletsd the iransttion to a Charitabl8 Incorporated Organlsatlon ICIOI on the 1" April2W23.
On completion, the Centre had thFee Trustee8 and duringthe period onefurther Truslee was appointed.
In addition a Consultstive Advlser h8$ btron vvorkingwith the Trustee5. It 1¥ 8nticip8ted thot 8 Programme
io enust additionalTru8ts88 will be InStiated. For most of Ihe year. the Centre was wn by a Management
Committee consisting of a Voluntary Chairman who reported to the Trust885. members of Btaff and
several volunteers.
Duringthe year. thera w¢re 8 number of changes to thè staff involved with the Centre. The Centre
Manager and the main Caretakerwere r8pl8¢ed and the manage*ment ofthe Centre handled by a
new C8ntre Manager (who had prwou$ experience ofthe rolel and the Ch8ir ofthe Trustee5.
AcnvmES AND ACHIEVEMENTS
The m¢Mt significant achievemenl duringthis period has been the ¢ompletlon of the Prolectio raise
monies for the replacement of the rool and duringthis perioil the Roof has been comp18t8ly r8pla¢8d.
after a long timo whan tho Hirgr8 often had to accepi major probiemswth water ingress.
Durinethi8 period. Hire Feegwere maint8ined at pre-CDwd levels in an attempt m08tLy 8u¢¢essfully, to
stem the reduction In Group booklngsfrom pre-covid times. It is signific8ntto note thot some Groups
Suffer￿ r•ductions in attendances from pre-covid l•v¥Ls. R￿nUeS suffered & slqnrfican1 drop lor a
pèrlod. followngthe dissolving of the origin8l Nur$8ry Companywhich used th8 Harnpshir8 Roorn. Thls
faci16tywastaken up again. some months later by a newTÈnant- Little Acorns Nursery. Added value
rovenue$, $u¢h as the Bar and kniehen f¥rilities have contlnued io mAkè 8 P(>$itiv8 conirlbution. and
8ubst8ntial work has been undertaken to streamline the Bar offering. Overall, however, more work needs
to be done to improve the occupaney rate ènd to incre88e the'cultural opportunities, provided bythe
Centre-the latter of which can bling in slgnilicant revenues.
FUTURE DEVELOPMENTS
Consid2r8ble attention has b•en p8id duringthis porlod towards the develgpm9nt ot•'Wi$ion'for the
Centre and the creatlon ol Strategies for the short. medium and Longterm.
The current Op•rationalTe8rn, in¢ludtng some volunteèrs hov¢ been developinq much needed practlces
to as8lst In the general day-to-day operation. ￿th 8 consid8r8ble emphasis being placed on a gradual
improvementio the 8mblen¢e of the Centre with emphasls belng placed on 80me key regulatory
practicès.
HNANCIAL REVIEW
Tot81 income in the year ended 31 M8rch 2024 w8s £163,823. Of this income from Hall rentals was
£79,247, Investment income wa8 £51, incorne Irem Event8. B8¥ and Vending machine were £33,976.
Othgr incom•was È1,664. Donalion income was £8,288. Grant Incomè was £40.397.

TotaL expenditure in the yegr and8d 31 MBrch 2024 was £198.038. Expènditure on capltal repairs was
£7B,785. &xpend¥turg on repair8 wa$ £5.791. exp8nditure on Lighting and hèètingwas £23.382.
gXP8ndtture on Management and administration of the eharity wag £22.460.
TRANSFER OF RESERVES
The New Milton Memorial Centre, a Charitable Incorporated Organlsatlon ICIOI, commenced tr8ding on
1st April 2023 after a transition from the New Milton Wor M8moiial H811. charity number 270889. Th8
Charities Commission agreed to th58 tf8n8ition In an order ￿￿ed 16th Janu8ry2023. Allthe assets and
Liatsilitiès of tho Now Milton Wer Memtsrial Hall were handed overto tho Clo on 1st April 2023. The onè
member ol staff was transferrgd on hi8 same term8 ancl eonditions. The tand rogistration change was
submitted to HM L8nd Registry.
RESERVES
At 31 March 2024the Charity held Goneral Re58rv8s of£161.265, and R8Strictsd ReseNes of £29.219.
In the year ondgd 31 Morch 2024 Re8trlei6d fund income was £43.000. Of th1$ Grant income toward8
capltal repairs was £40,397. R8Strictsd fund expenditure WAS E42.435 in totsl includinga transfer of
£40,397 from Restricted Reserves for capital repairs.
In the yèar ended 31 March 2024 Unr6stri￿ed fund income was £120.823, and Unre¥tricted fund
expenditure was £196,000, reduc8d to £155.$03 by 8 tron8ferfrom Re8tricted reserve8.
Sign•d gn behalf of the Board of Tvustee$
N Steven80n
P Parslow
Dated:
31 zuLs

NEW MILTON MEMORIALCENTRE
Hall Rent8ls etc.
Investment Incorne
Evants. Bar and Vending rnachin8
Other Sncome
Donatlons
Grants
79.247
51
33.976
1,864
5.885
79.247
51
33,976
2.603
40,397
8288
40.397
Totalincominq resources
43.000
120,e23
163.823
Repair5
Salari85 and on costs
ughtl￿ and hg4tlng
Water retgs
Ucen¢os and ir￿uT￿nCe
Equipment hire
MBnagement gnd 8dmlnistr81Son of the charl
A(fvertlslng
Donations
Depreciation
84.556
54,262
23.382
1,709
5.261
15
20.422
722
84,555
54262
23,382
1,709
5.261
2.038
22.460
722
S,671
5.571
Totair&sour¢¢s •xpond•d
2,038
196,000
198,038
40.%2
175,1771
(342151
140.3971
40.397
Totalfunds introdLKed on tr8nsfer of ¢h8rity
196.045
224.699
29.219
161,265
190A84
Restri
Funds r
T0￿FundS Garried forward
29,219
161,265
190.484

NEW MILTONMEMORIALQENTRE
Notes
172.769
Stock
Dèbtor¥ duewithin oneye8f
Ca8h ot bank& In hand
1.500
8.793
19,54fj
30.239
Credftors- faulng duewithln oneye8r
12.524
NOtCUlT￿45Sett
17.715
Totala4$0ts UHblUIIg
190.484
Total N&t•u•ts
190.484
RestriCt&1
UTrrÈstfjCted
29.21
161.265
190,484
Appro¥*J by theYrUst￿ on
31 ffFL4 2n25
nd siqnad on their behalf..
SigTh8ture
Signatur8
Narne
P Parslow
NarnE
N SteY8n&on

NEW MILTON MEMORIALCENTRE
Balance at start of year introduced on transfer of assets
49.344
(Deficitllsurplus forthe year
{34,2151
Add: Non C8$h trènssetlons:
Depreciation
5.671
Cash surplus for th8 year
128.5441
N6t C8sh avallable
20,800
Cash used
Purchase of capital items
Ilncre8S8IIDecr8ase in amount due from customers
IDecre8selllncrease in p8yments in advance
Incr8888 in amounts due to supplier8
IncreaselReduction in QLrtStanding taxgs
Reduction in accruals
Decrease in r8ntals in acfvance
Decrease in Dther creditors
18021
11,2421
1.690
1.033
11,2781
12001
1551
Increase in Ga5h in the year
18541
C8sh balances at 31 M8rch 2024
19.946

NEW MILTON I£EI£QRIAL CEFIIBE
11
Accounting PollcleB
The accounts (financial stat8mentsl have beèn prgpgred In occo¥dance with the
Statement of Rgcommandad Practice: Accounting and Reporting by Charitles preparing
their accounrs in accordance ￿th th8 Financl&l Reportlng Standard 8pplicab18 in the UK
and Republic of Ireland IFRS 1021 i$sued on 16 July 2014 and the Charities Act 2011.
Tangible ftxed 8888t3 are stated at C08t less depreci8tion. Depreciation is provided at
rale5 cBlculated to writa off the assets ovortheir expected useful lrfe on the following
basis:
Freehold
2% $traiEht line
Equlpmant
15% raducing bal8nce
The rental incom8 is accounted for on a hlrlng b8818, Other Income os re¢efved. Bar
income IÈ accounted for net (being s81•9 and vendSng Incorng less purchases and gV8nts
income).
Value added tax is not recoverab18 by tha charlty and. as Such, is Includad in the r818vant
osts in the st8tgment of financl81 Éctivities.
Expenditure on management 8nd admlnlstratlgn of the charlty Includes ali expgndltur8
not related to the charitable 8ctwity orfundral8ing v8nture8. Thi8 IncludÈ$ the costs of
running 8xpense8.

NEW MILTON MEMORIALCENTRE
Notosto the accounts tor the year ¢nded 31 Maich2024
21
Grant In¢om?
The following grantg were received in the yearto f und capit81 repairs.
Source
Barker mlll foundation
Garfield Weston
Bemard Surey
Hampshir8 County Counc
Re$trlcted
1,000
10,000
10,000
19.397
Unre8trlcted Totsl
1.000
10.000
10.000
19,397
40,397
40.397
3}
Subcontract cleaning and rn8terials
Telephone and internet
Printing and stationery
Sundry items
Accountency and professional
Travel
Staff exp8nses
Subscriptions
St8ff training
2.950
1.306
265
43
4,795
68
171
1,064
88nkcharges
Subcontraet 8dministration
349
11,449
22.460

NEW_MJLTQN MEMORIALCENTRE
4) stsitQosts
Wages and salafl88
54,262
The Bverage number of staff employed by the charlty during the year was as follows-
Caretakers
Bar
No employee received remuneratlon of more than £50.000.
No remuneratlon was paid to the tiustees in the year.
51
NtLmovemoDLln lundsjotlbe year
The net movement in funds for the year is stated after charging:
Depreciation on tan￿bI6 fixed assets
5,671

NEW MILTON MEMORIALCENTRE
Ngtg•to the a¢Gourrt¥ fvrthe year ended 31 M•rGh 2024
61
TaD@knLofixod •tt•tthr us&bylbooh•tity
Addttions on regi$tratkJn ot new tharty
Addr(iotlg In year
A8 8t 31 M8r¢h 2024
162.268
15.372
802
16,174
177.638
802
178,440
162.266
Oepreclatlon
DepYeci8tion blf
Charge In theyear
A8 at 31 M8rch 2024
3,245
3.245
2.426
2,426
5,671
5,671
Nth book v8lue:
As at 31 Hareh 2024
159,021
13.748
172,769
71
Trad8 Dabtors
8,793
8.793
8)
Trade Creditors
Accruals
Soch81 security arKJ oth•rtsx•s
Loan
8,610
480
2.433
1.0
12,524
10

NEWMILT
. MEMORIA.LIENTRE
Nok¥ to_lljoaoo0￿￿tQlthQ￿w •Dd•d 31 M•r¢h 2Q24
91
Re8trict•d iknr•strlcted Totsl
Transfer of assets (see note 101
28,654
196.045
224,699
28,654
196.045
224,699
sfor 0￿* h•iity•u•ts
The New Milton Memorial Centre. a Choritable Incoiporated Org•nisation ICIOI. commenced
trading on 1 st Apri12023 after 8 transition from the New Mllton War Memorfal Hall, eharity
number 270889. The Charities CommS8slon agreed to thi8 transition in an order dated
16th January2023_ All the assets and liabilities of the New Mtlton War M8morial Hall were
handed over tothe CIO on 1stApril 2023. The one member ol staff was tr8nsferred on h1$ 8ame
terms and conditions. The tand rgyJ8trBtlon Change wa$ $ubmined to HM Land Rewstry.
Both thg freehold property and the equipment hbvo bean Introdu¢ed at net bookvalue ￿ the time
of transfer.
TherB are no matters to report.

NEWMILTON MEMORIALCENTRE
C•rtlflod Accountqnts. R•port toth• Tru8t••s on lh• Proparatlon of th¢ Unaudlt•(l Flnancl41
Siatèm•nt$ •f Thè Nèw Mllton M•morl•l Cèntrèlor th• Yoar Endod 31 March 2024
In order to asslst you tofulfll yourdutles und•riho St8tamènt o( Recommended PractlC8- Accounting and
Reporting by Charitie8. an¢J the Finan¢iaL Reporling Standard epplicable in the UK end Republic ol Ireland
IFRS1021. and the CharitiesAct2011, we have prePa￿d for your app¥ov8lthe fSnancial statements of The
New Milton Memorlal Centre for the year ended 31 March 2024 which comprise the Summary Ineomè 8nd
Expendiiure account. the BaL3n¢e Sheet. th8 Cash Flow statement and the related note8 from the
Charity's accounting records and from infomi8tlon and explanations you have glven u8.
It isyour dutyto énsurèthatlhB New Mllton Memorlal Centre ha8 kept 8dequale accounting records And
to prèparg 8tatutory accounts that give 8 true 8nd fairvi8w of the assets, liabilities, financi81 position 8nd
financial results of The New Milton Memorial Centre. You conslder thotThe New MILton Memorial Centre
is exemptfrom the statutory 8udit requlrementforthe yeor.
W8 have not been instructedto Cary Out an audit or a review ot the financial statements ofThe New
Mlllon Mèmorial C•ntr•. Forlhis raason. we have notverilied the accuracy or complet8ness ol the
accounting records or information and explanations you have given us and we do not, therefore, expre$$
any opinion on th988 accounts.
DBtad:
%cJfvS
Jane Fereday Llmiled
Chartered Certified Accountants
Nursery Cottage
Beckley
Hinton
Chri3tchurch
Dorset
BH237ED
12

**Independent examiner's report on the accounts** 


## **Section A                        Independent Examiner’s Report** 

**Report to the trustees/directors/** NEW MILTON MEMORIAL CENTRE **members of On accounts for the year** 31 MARCH 2024 **ended** Charity no.: 1200325 Company no.: **Set out on pages** 1-12 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31/03/2024. 

**Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). 

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”).  In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. 

|**Independent**|I have completed my examination. I confirm that no material matters have|
|---|---|
|**examiner's statement**|come to my attention which gives me cause to believe that:|
||• accounting records were not kept in accordance with section 386 of the|
||Companies Act 2006; or|
||• the accounts do not accord with such records; or|
||• the accounts do not comply with relevant accounting requirements under|
||section 396 of the Companies Act 2006 other than any requirement that the|
||accounts give a ‘true and fair’ view which is not a matter considered as part|
||of an independent examination; or|
||•the accounts have not been prepared in accordance with the Charities|
||SORP (FRS102).|





I have no concems arKJ have come across no other matters in Gonnedion
wtlh the examination to whith attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Signad:
Name:
SUE DAVIES
Relevant professional
qualifi¢ationl$) or body
(if any):
ACMA
Address:
40 CHEwfoN WAY
WALKFORD. CHRISTCHURCH
DORSET, BH23 5LS
Section B
Disclosure
Only complete if the examiner needs to h￿hI￿ht material matters of ¢oncem
(see CC32, Independent examination of chatity accounts: directions and
guidance for e￿iners>.
Glve here brief details of
any items that the
examiner wishes to
disclose.