Howard Garden Social and Day Care Centre Annual Report forthe yearending 31st March 2024 Trustee report The Howard Garden S(xial and Day Care Centre is CltUted by a deed adopted in March 1977, amended in Marth 1983, March 1995. March 1999, Ottober 21Th and September 2021. The registered number of the Charity is 219715 and the registered address is Howard Garden SLKial and Day Care Centre, Nort(x) Way soh, Letchworth Garden City, Hertfordshire SG6 1 SU. The executive trustees for the year e 31st March 2024 were: Hilary Kemp, Jaskaran Johal arKd Micheal Al'r. The main agents of the Charity are CAF Bank Ltd and an IrKlependent Examiner. Objectlves and Activltles The objective of the Charlty is to provide day care and other social activities for older people in the Letchworth area. There are no restrictions on the activities of the Charity. Achlevements and PerfornnCe We have continued to see a significant increase in Lunch Clth attendance compared to last year. We have been able to provide a range of regular and one-off activities for our members, which irKlude: seated exercise, arts & craft, dancing, music & entertainment. We were able to hold a very SCeSsfuL Christmas and Easter Fair. ThTS year was significantly impacted by an increase in our utility bills, as we moved off our fixed prlce energy contract. We were able to absorb thls cost due to Increased revenue from our lunch club, irKreased income from hirers and additional funding support and managed to maintain our daily fee at £5. Unfortunately, we are expectin8 costs to cont1nue to rlse, and from tIKb 1° April the dally lunch fee was Increased to £6. The aim for the coming year is to secure additional funding to help improve and upgrade the Centre, which inclthes the heating system, fire alarm system, and other essential maintenance and refurt)ishment required around the Centre. This Vrk is needed to Improve our energy effldency, upgrade outdated systems and to make the building more appealing to w th.rers and members. We twe these improvements will make the Charity and the Centre m(ye SLStainable and beneflt rne individuals in the l¢xal community. Flnandal Rev5ew The attached financial statements show financial situation as at 31 st March 2024. This report was approved by the trustees on 14 October 2024 ar¥J signed on their behalf by: Hilary Kemp, Jassi J<)hal & Michael Muir
Howard Garden Social and Day Care Centre Annual Report for the year ending 31st March 2024 Independent Examlner's Report to the Trustees Accounts for the financial year RespèctTve responsibilities of trustees and examiners The Charitls trustees consider that an audTt is not required for this year (under section 43121 of the Charities Act 1993 (the Act) as amended by section 28 of the Charities Act 2LK)6) and that only an independent examination 15 required. It TS my responsibility to: 1: Examine the accounts {under section 43 of the Act, as amendedl. 2: To follow procedures specified in the General DirectTons gi'ven by the Charity 3: To state whether partlcular matters have come to my attention. Basls of Independent examlner's statement My examlnation was carried fjjt in accordance with the General Direct70ns given by the Charity Commission. An examination includes a review of the accounting kept by the Charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not include all the evidence that would be examined in an audit and, consequently I do not expre55 an audit opinion on the accounts. Independent Examlner's Statement In the course of my examination rK) matter has come to my attention: Which gives me reasonable caLtse to believe that, in any material respect the accounts do not meet the requirement to ensure that: Proper accounting records are kept lin accordance wfth section 41 of the Act). Accounts are prepared which agree with the accountTng record5 and comply with the requirements of the Act: or to which in my opinion, attention should be drawn in order to enable a proper understandlng of the accounts to be reached. Colin Sparshott FCCA 19" April 2024
Howard Garden Social and Day Care Centre Annual Report forthe yearending 31st March 2024 Statement on Flnanclal ktlvfti Total Year end 3113124 Total Year end 3113123 Incomlng Resources Substriptions Donations Grants Attivities 1.388 2,100 31,650 2196 5.920 152 1,225 1.388 36,858 17.122 3,671 112 Hire of Faalities Interest 63,104 60,377 ReUrceS Expended Salaries Purchases Other Expenses 30,545 9.604 23,344 63A93 25,908 8,444 21.587 55.938 Total Net Operatln8 Surplusmefftlt -389 4.439 Depreciation 14.234 -14.623 14,841 -10,402 T(rtal surp1/ Dthlt Fund Balances brought fwd Surpluslf)eficlt Fund Balance5 cxr1 fv 142,731 153,133 -10.402 142,731 128,107
Howard Garden Social and Day Care Centre Annual Report fortheyearending 31st March 2024 Balance Sheet 3110312024 3110312023 Fixed Assets Tangible Assets 68.128 82.363 Current Assets Stock5 Bank Current Accounts 8uilding Fund Account Cash In Hand Debtors Prepayments 19,126 4317 1,028 1.586 277 27,722 42.991 157 2,051 989 73.910 Totsl 65J134 Current Llabilltles Creditors Paye & Nl 5.079 13,805 -263 Totsl 51179 13,542 Net Current Assets Net Assets 59.955 128,083 60,368 142.731 Represented by 8ulldin& Equipment and General Funds 128.083 142,731 Tot•1 kcumulated Funds I1883 142,731 The rK)tes fn Account Poliaes are an integral part of these financial statements
Howard Garden social and Day Care Centre Annual Report for the year ending 31st March 2024 Accounting Poliaes AcCntIng Conventlon The accounts are prepared under the historical cost cixwention and in accordance with accounting standards and the statement of Recommended practi of AcC(ntiA by Charitie5 (Revised 2C051. Tangible Flxed A55ets and Depreclatlon The activities of the centre are carried on from leasehold property on a lease which expires on 24th September 2029. The original property has included in the accounts at the insurance valuation and depreciation Is charged on that valuation so as to Vlte off the asset over the remaining term of the lease on a straight-line basis. Stock Stock Is valued at cost from suppliers C a first in flrst out basls. Stsff Costs Total costs of staff salaries and Nl was The avera8e number of employees was 2024 2023 30,545 24,282 Tan8lble Flxed Assets Cost blf Additlons Depreclatlon blf Charge for year Net Book value at 31st March PAIdIty and Equlpment 423,047 423.998 951 341,636 14,234 355,870 68.128 Credltors 2024 2023 Grants spanning across flnancial years Paye & Nl Inegative fi8ure: funds owed by HMRC due to March tax code change) 1,026 9,411 -263