**Charity number: 221844**
## **St Marys Social Centre**
**Report of the Trustees and Unaudited Financial Statements**
**For the year ended 31 March 2023**
## **St Marys Social Centre Contents Page For the year ended 31 March 2023**
|Report of the Trustees|1 to 2|
|---|---|
|Independent Examiner's Report to the Trustees|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6 to 10|
## **St Marys Social Centre Report of the Trustees For the year ended 31 March 2023**
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity's objects are:
1. To provide social, recreational, cultural and other amenities primarily for persons living on the Nevill, Downs and Wallands Estates of Lewes, but also for any other person irrespective of colour, creed, political views and other bias.
2. To provide facilities for the running of a Playgroup in accordance with the aims of the Pre Schools Playgroups Constitution.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Significant activities**
In these accounts you will see that we have started to do a few maintenance projects that have become urgent, including new doors and new flat roof. We are still waiting to hear from LDC regarding our new lease, despite constant chasing there is no update. We will be continuing with our maintenance programme in 2023/24.
The pantomime for this year was Mother Goose, which was very successful, however, we made the decision to reduce the capacity of seating in the hall from 180 to 145 which obviously did have an affect on our income, to try to balance this out we introduced a 'show levy' for the first time this year for anyone that had an on stage role, £20 per person.
We have also introduced using a card machine this year
## **FINANCIAL REVIEW**
## **Significant events**
The attached accounts detail the financial position of the Charity. The result for the year shows a surplus of £1,976 (2022 : £2,576). The trustees are grateful for the generosity of grant funders who have allowed the charity to continue.
The trustees consider the financial position as at 31 March 2023 to be satisfactory.
## **Reserves**
At the year end the Charity had free reserves of £81,139, considerably more than is deemed necessary. The Trustees have decided to retain these reserves given there is uncertainly over the lease of the current building.
## **Going concern**
The Trustees consider that the Charity is a going concern.
The Trustees have assessed the major risks to which the Charity is exposed. These risks are identified in the areas of finance and the operating assets of the Centre. The Trustees are satisfied that the systems and procedures in place will enable the efficient management of those risks. The Trustees have a policy to review these risks annually.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The unincorporated charity is governed by its constitution and rule book.
## **Recruitment and appointment of trustees**
The rules of the charity state that there shall be a minimum of 3 and a maximum of 5 appointed Trustees. In the case of a Trustee ceasing to act as such for any reason, the remaining Trustees may appoint another Trustee to take their place. New trustees are advised of their responsibilities as Trustees on appointment.
The Trustees report that in accordance with the rule book, they have endeavored to comply with the aims and objects of the charity.
reasonable and prodent judgments and estimates are used in the management of the Social centre operations to ensure the correct application of funds and income. The assets of the charity have been carefully managed for the advantage of the Social Centre.
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**St Marys Social Centre Report of the Trustees Continued For the year ended 31 March 2023**
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** St Marys Social Centre **Charity registration number** 221844 **Principal address** Christie Road Lewes East Sussex BN7 1PL
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Mr A Gander Mr C Reynolds Mrs SA Courcha Mr N Hazel Mrs S Tillman **Independent examiners** Caroline Clarke ACA 99 Western Road Lewes East Sussex BN7 1RS
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Mr C Reynolds
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## **St Marys Social Centre Independent Examiners Report to the Trustees For the year ended 31 March 2023**
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried 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 section 145(5)(b) of the Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across 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.
Caroline Clarke ACA 99 Western Road
Lewes East Sussex BN7 1RS
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## **St Marys Social Centre Statement of Financial Activities For the year ended 31 March 2023**
||**Notes**|**Unrestricted**|**2022**|
|---|---|---|---|
|||**funds**||
|||**£**|**£**|
|**Income and endowments from:**||||
|Donations and legacies|2|1,500|8,250|
|Charitable activities|3|33,740|9,920|
|Investments|4|240|6|
|**Total**||**35,480**|**18,176**|
|**Expenditure on:**||||
|Charitable activities|5/6|(33,504)|(15,600)|
|**Total**||**(33,504)**|**(15,600)**|
|**Net income**||**1,976**|**2,576**|
|**Reconciliation of funds**||||
|Total funds brought forward||79,163|76,587|
|**Total funds carried forward**||**81,139**|**79,163**|
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## **St Marys Social Centre Statement of Financial Position As at 31 March 2023**
||**Notes**|**2023**|**2022**|
|---|---|---|---|
|||**£**|**£**|
|**Current assets**||||
|Debtors|13|1,965|1,500|
|Cash at bank and in hand||79,654|78,023|
|||**81,619**|**79,523**|
|**Creditors: amounts falling due within one year**|14|(480)|(360)|
|**Net current assets**||**81,139**|**79,163**|
|**Total assets less current liabilities**||**81,139**|**79,163**|
|**Net assets**||**81,139**|**79,163**|
|**The funds of the charity**||||
|Unrestricted income funds||81,139|79,163|
|**Total funds**||**81,139**|**79,163**|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr C Reynolds Trustee
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## **St Marys Social Centre Notes to the Financial Statements For the year ended 31 March 2023**
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
St Marys Social Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Going concern**
The financial statements are prepared, on a going concern basis, under the historical cost convention.
## **Funds**
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
## **Taxation**
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **2. Income from donations and legacies**
|**Unrestricted funds**
Grants received|**2022**
**2023**
**£**
**£**
8,250
1,500
**8,250**
**1,500**|
|---|---|
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## **St Marys Social Centre Notes to the Financial Statements Continued For the year ended 31 March 2023**
## **3. Income from charitable activities**
|**Unrestricted funds**
_Running a social centre_
Hall hire
Pantomime income
Playgroup income
Other income
**nvestment income**
**Unrestricted funds**
Bank interest receivable
**osts of charitable activities by fund type**
**Unrestricted funds**
Running a social centre
Support costs
**osts of charitable activities by activity type**
**Support**
**costs**
**Activities**
**undertaken**
**directly**
**£**
**£**
**Support costs**
Running a social centre
21,839
11,665|**2023**
**£**
10,841
20,669
1,540
690
**33,740**
**33,740**
**2023**
**£**
240
**240**
**2023**
**£**
11,665
21,839
**33,504**
**2023**
**£**
33,504|**2022**
**£**
7,740
860
1,320
-|
|---|---|---|
|||**9,920**|
|||**9,920**|
|||**2022**
**£**
6|
|||**6**|
|||**2022**
**£**
3,793
11,807|
|||**15,600**|
|||**2022**
**£**
15,600|
## **4. Investment income**
## **5. Costs of charitable activities by fund type**
## **6. Costs of charitable activities by activity type**
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## **St Marys Social Centre Notes to the Financial Statements Continued For the year ended 31 March 2023**
## **7. Analysis of support costs**
|**nalysis of support costs**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**Running a social centre**|||
|**Management**|||
|Depreciation - owned|-|58|
|assets|||
|Rent|6,000|6,000|
|Utilities|3,778|2,184|
|Repairs and maintenance|7,906|317|
|Cleaning|1,594|1,087|
|Insurance|1,386|1,306|
|Stationery, postage, IT|395|195|
|and website|||
|Book keeping|300|300|
||**21,359**|**11,447**|
|**Governance costs**|||
|Accountancy fees|480|360|
||**21,839**|**11,807**|
|**et income/(expenditure) for the year**|||
|This is stated after charging/(crediting):|||
||**2023**|**2022**|
||**£**|**£**|
|Depreciation of owned fixed assets|-|58|
|Accountancy fees|480|360|
|**articulars of employees**|||
||**2023**|**2022**|
|Staff|0|0|
||**0**|**0**|
## **8. Net income/(expenditure) for the year**
## **9. Particulars of employees**
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## **St Marys Social Centre Notes to the Financial Statements Continued For the year ended 31 March 2023**
## **11. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
## **12. Tangible fixed assets**
|**Cost or valuation**
At 01 April 2022
At 31 March 2023
**Depreciation**
At 01 April 2022
At 31 March 2023
**Net book values**
At 31 March 2023
At 31 March 2022|**Fixtures and**
**fittings**
**£**
917|
|---|---|
||**917**|
||917|
||**917**|
||**-**|
||**-**|
## **13. Debtors**
|**Amounts due within one year:**
Prepayments and accrued income
Other debtors|**2023**
**2022**
**£**
**£**
1,500
1,500
465
-
**1,965**
**1,500**|
|---|---|
## **14. Creditors: amounts falling due within one year**
|Accruals and deferred income|**2023**
**£**
480
**480**|**2022**
**£**
360|
|---|---|---|
|||**360**|
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## **St Marys Social Centre Notes to the Financial Statements Continued For the year ended 31 March 2023**
## **16. Analysis of net assets between funds**
|**Unrestricted funds**
_General_
General
**Previous year**
**Unrestricted funds**
_General_
General|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
-
81,139
81,139|
|---|---|
||**-**
**81,139**
**81,139**|
||**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
-
79,163
79,163|
||**-**
**79,163**
**79,163**|
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