COLEVIEW COMMUNrrY CENTRE STATEMENf OF FtNANCIAL ACTIVITIES YEAR ENDED 31sr DECEMBER 2023 lrt¢omi•E rtsoiirtt• ColeviewTrading corDP8 Limite(L. I)onBtion Rettts" 32,083 J2,IlJ3 28,333 Fut I&iSillE 10,lJ35 46,744 1231•/ 40.283 9J76 J,818 Memkrsbip atLdVisitor fe¢s Vettding tiJadJitr receipts GraDts ItLwrnnc¢ YoUts Bank itttsrest 25.iK)O 213 2572 103,482 121,574 Reyonrces exptadiDg and id]nliiistrA¢ioD oftharity Wag¢s and national i05Urw¢ Stsff ttsining Pension Telephone Printitsg, p)st&ge kmd st8tioLery R¢p8ifB and renewaLs CleaDing AceoutsiaLcy L¢gai and prvf¢ssionai Bank ¢hgr8es And inftst DOnlon$ iscellÈntOV5 expell% Livc tnU5lC Musi¢ Festtvai Ikpre¢i#lion of fix¢d a8 (Pn)fitykn55 on s&le of fixd 8kets Rates and wlltsr Insuran LiEhtaDd h¢at Io,g24 (IE,(08 iosol 46.524 41.909 425 317 5.1]05 458 2.384 25.891 6,378 7,617 4289 705 13.626 4,208 9.519 4.010 552 2.775 10,032 6.325 4.415 9.371 16.405 5.4(Kl 34,845 • 3.828 {562) 5.365 ,017 3,588 17.142 193584 134,935 Net ixtomlng rexourets for the ytAr {85.102) 113,3611 Olh¢r T¢¢ognis¢d g•in51 OoJJ¢s) Realised attd unreali gairL% ott inNtslmellts IOJ26 110.901) 174.776) / 124,2621 < BlaD¢¢ brought fonvlrd #t litJnry*ry2023 1,764,553 1.788,815 Ba¢¢ ¢arriul fonvard at 31¥t December 2023 1.689.777 764 553
COLEVIEW COMMUNITY CENfRE BALANCE SHEET YEAR ENDED 31ST DkCEMBER 2023 Flxed ets Tangible usds lnv¢5tMts 1288,474 170.947 1.459.421 1,318.829 160.621 1,479,450 Current a8$ets Prepayments Trade dd)tors Trdding mpally junt ItMe Cath at bank and hand 5.176 1,128 8,612 1,865 232,235 / 249,016 3.692 3,063 69,080 229.957 30i,792 Current Ilabillties Other CrltOrS ial seujrity atmi other thxe5 VAT payable Wages payable Tradillg eotllpany account Pensitsn AruL¥l expenses 3,415 2J99 6,168 948 605 1,018 53 12,073 20.689 11,628 18.660 Net cuThen¢ issets 230J56 285.103 Net g&qets 1.689.777 1764 553 Unrestri¢ted 1,689,777 1,764 553
Chtrity reg5str8tion numE¢r. 265702 Coleview Community Centre Aftnu&l Rep)rt8ttd Finonciil Stat¢mthits rorthc Year Ended 31 D¢¢¢mbrT 2023
Col¢vi¢w Community Centr¢ R¢fereDee aDd Administrative Dethils ChitfEi¢tutfv¢ Oflk¢r I Payne Trnte N RJdaway DNicol ChrltyRtElststlott N•m&er 265702 Prhdpl oni¢• To%%¢esier Road Stsaiion SL Mar8wei Swindo Wi115bire SN3 4AS IAdtp¢ndeDt EAAwID¢r Christopher J Davies ACA FCCA UHY Ross Brook¢ Chart¢r¢d At£wntnts 8ndRccisterd Audit( 2 Old Bath Road Newbury BcrkshC RG14 IQL HSBC UDit 6 Th¢ Lock Canat Walk SN3 4AS Swindon Bnk¢r8
Coleview Community Centre Truste¢8' Report (contiDued) FItIll vwlpw of th• y•ir The Trusw would like to thfixk Isn for WTiting lost ye4r'5 report ond llTe pleoyed to 5UPWrt thc Ch•ir & CmIttee. The Committee is still Sn1. at 5. with Thc Tru5t¢cs rnw ¢x¢ludcd from th¢ 8¢nud Comrnittee m#iin8. The Committe¢ fwicÉion h•$ 8 AroD8 te4m, with Ihe Music f8stiVAI, rnember btr bonds Ind wial events be¢omin8 key in diary. A fv•t&s1i¢ ¢harity h¢fil i5 a150 8S Wtll 45 a b(YJst for fjjnds. ThETnme5 would like to 5¢¢ 0 votE for Offleets andAddiliortal Commlttee mtt5thts It this AGM. Theeornmunity CcntrE rctDaitL8 & Ial hub for tivitttJ. with 33 Uxr Groups r¢guJ•rly usin8 th¢ ¢rDtr¢. In the bar. Ive have seen signific1 incrnses frotn the Ixewuy 2nd other third ptsrtits. This was Iu"8hlightJ in commiltee Bnd 2 sub er>mmitt£es were formed to revi¥ Lw Cejrtre c05t5 as WEII pric18. Thr suiyu were lcd by th¢ TTh5te¢s, who wllal¢d costs. End then tESm new selling pric¢5 prwwj basedott co51. TheXMitt¢c r¢vieived. llddedto ATtsI tppm'ba. The irg(ling revenue of the Centre hds de¢Ms however, excludi the £25,(KIO ICOVIDI Inwr¥n¢e cl# retelved las¢ year. 811 r¢vcnu¢ li#u hovc in¢rc8sed. Flowevcr. the Ioss has inGretsed to £74.T16. The ¢Osir-I1v1ng crisis is StrlY seen on thB ex$¢ side. incrEa5ed uiilides (rniDimum i8¢) and m81Ml¢nOn on A bjilding thlll is 40 yeats old irl plEtrÈ. HiorieIy. the Mtmbets Bgr Uld eover 8ny losses in the CCC. Whilst the PErfDrtDance ofihc Tradin¥ Co ha3 im]Hoved. hfj5 i¢n & ¢ombintd loss or £49.0(K) oyerthe last iw¢ y£•s. The good is thal ow saving5 and inv¢51m¢nts rcnLqiTh h¢ahhy otLd hDvc not IKeTJ UPDn d]n8 the dilf1]Iyes of2022 & 2023. IUW.4851 The"l"rSle£S hEvc helped the mL7nthly mawrmrnt xwJn15' in hou which ¢an be seen as 4 saving in .keepin8 and ac¢OuJSncY eosty with fiuther saving8 ro in 2024. Th¢ inthse ¥ryounling is a 8re4L ex8mpJe gf with the offi¢4 WithyAwhom thi5 WId Tr)t httv¢ Jy)ssitAe. Th¢ Trusl¢oq also reconunended a change in aclting wlicy with reaJ5 ro depteeiiuon. LxLn8 a nx)r¢ D¥¢mtiv¢ pPrCh. r¢sulid in thB deprttiQli(m exp•kse intrefy3it¥ from £9J7110 £34,845. Howw. thi5 is not a c&%h expens The clvb r¢main5 a long-tsrm going con¢mi, howri'cr ever)Wy. has Sec the rnin bwkets intkn MethLws Bor. 8T¢ now fwed with a major job of Eyiring or replacing the flar roof. This M78] exwse is &cowern post COVID 8$ the ¢lvb is loss mkltt8. P4c3
Coleview Commllnity Centre IndepeDdent ExmiDer's Report to th¢ trust¢u of Coleview Commullity C¢n¢re l ryori to the tnte¥ Dn my exnination of the &CrAnts ofcoleviEW Cummunity Certtre frr Ikycar ended 31 Decemtrer 2023. RP0sIbIlItIU and basls ofTePOrt Asthe ¢h8rity rTV$M of Col¢vi¢w Community C¢nlr¢ YDU ir¢ r¢sJpJnsib]¢ for the FTepar8tion ofth2Accounts irt a¢¢OTdan¢c wth th¢ r¢qulr¢m¢tts of the Chariiie5 A¢t 2011 I'tht Aet'l. I r¢port in r¢sp¢¢l of my ¢xwninatiw of the Colevivw Community clT@S ac¢ouThts carried oyl wjder sedion 145 of the 2011 Art Ènd ITh tarryins oui my examination I htve followed All the appli¢4bl¢ Dire£tiOnS 8iveaJ ty t1 Ch¥ity CIwrni5sion utthr s&ttion 1451SXb) of the Act. ludependeDtVAsthintr's Sttemellt I have ¢ompltied my examinBtion. I confm tknt no material matte[5 have o)mc ¢0 Thy attN)tion in ¢onntttior with the WrniDation giviDB tne cwJ3e to bEJi¢ve that in any Materi tt5>.. l. a¢countin8 record5 wcre not kcpt in regpt¢t of Coteview CommunÉty cent os requir¢d by section 130 of the Ad- or 2. th¢ awountj donot iecordwith those records.. or 3. the a¢wunLs do nol comply i¥rylh thE Rccounlirhg qUItements concerning the form and con*ni of sd out in th¢ Ch#riti¢s (Au1 and RepDrty) Rqulalions 2008 other Jtty ttqwrement thEt the Onts. 8ive M 'true fllir viewl whidt is th)1 a matter unsid¢red as part of an indepen(knt I hllve no ¢on¢em5 and hav¢ come acros$ no oth¢r in connertion with thE ttxarnination to wbieh attelltio should b¢drawqL in this re[ in order to Mkble a propLYundttstsndingofth¢ •¢wlS 10 be reDchcd. Chrisivph¢r Davi¢5 ACA FCCA Chartered A¢¢ounltyts and Register¢d ADlilf UFIY RDSS Brwke 2 Old Bath load Newbury BpJk'shiTe RG14 IQL Dat¢....23J.q.1.2024 Pake 5
Colevlew Community Celltre (Registratioo number: 265702) BAlaTr¢e She¢t 1$ It 31 December 2023 23 Note xed a¥sets Tttn8ible asaets InV¢ts 1,288,474 170,947 .459.421 1.318.829 160.621 io 1,479,450 CurrtntAsxts Delknrs C4sh otbank end in haDd 16,781 232235 75.835 229.957 249,016 118,660) 305,792 Crdi¢ory: f8]lityg dxe wtsbln on¢year 12 120.6891 230J56 285.103 sets 1.689.777 1.764.553 F4nd5 of the tharlty: UDr&itridcd Iheome uDtried ILmds 1,689.777 1.764.553 T•tsl 1,689.777 1,764J53 The 5tents on pw5 6 bj IS were 4r*oved by the tmtets, Atsth(th fv issue o . and si8n¢d their behalf ty.. ThJst¢¢ The no¢¢son pHs¢J 8 Its Is fojrn att inlc8t¥l pgrtofihe5e finanGio1 st&lerJlI. Pa8e 7
Colevl¢w Communlty CeDtre Notss to the Financial Statements for the Year Ended 31 December 2023 (¢ontilledI AssE dAa Molorvehiclts Fixtllre$ & fittings DeyttiatiDD mtth•d nd rAte 25A r¢ding bi14nc2 IO% LO 20% str8igh¢ line 1$ Durin8 year. the deprec]ation method for fixtyr¢s and fittin8 iyds uplated from IO% to 20% reducin8 bal8n¢e bJ5i5 to IO% to 20YD 31raight IuLe basis. A5scts held on th¢ #¢wunting policy ¢hon8t with & nct book V81ue lejs thBn £100 bUt8Ttrr thon fLv¢yew¥ old have b&n depmiatsd fjjlly. Fixed assth Invemen(4 other than pn)gramme Telaled IVesDents. are includcd at Thrkrt v&lu# 81 ihe bAlane sheet date. Realis¢d 84ins ¥Jd l¢wcs on investments Hre talculated gs the difference betweert sale8 proc¢edg and their m•rk¢l Yut at the 5tBrt of the year. or th¢iT subs¢quenl ¢os¢ ond #re th8r8ed or to th¢ Stgi£mertt of FinBn¢iol AcEiVitie5 in ihepuiDd of diswsal. 15nTealisoa 89ins and I¢$ represenl the movement in market valucj during the year 8nd ore Credited or charsed to the St8temeni of Flnancial Acliviti£s beI on thcrn4rk& value ai th¢ yw Cnd. INestsnettts in soCial¢S 4r¢ acwunted for u$ln8 the equlty method. Iv[Men(S in 455Vfittte5 avt iniii4]ly r¢cogniscd at the transaction prite lincluding transaction costs) and sUueILY odjusied to r¢fl¢rt th¢ ¢harilj¢s 5h8T¢ of the profit or 105s and other COMphenSiVe iThcome of the wo¢iate. Goodwill ari5in8 OtL the 4uisitiOn of &ssociaLes is accounted tor In accordance wih the policy set oui atov& Any un?rtISed b31an¢e of8oodwll 1$ inc]thJed in th¢ ¢pryin8 of the in$( th assouatt& Trade debtors TradE are amouzkts (IL from rustomws for m¢rchandi5e suld or ser¥i¥%¥ wfonnE41 in the C4)ur5e ofbusine55. Tmde debtors #rE r¢coBnis¢d ittltioily & the Th¢y ar¢ subs¢quendy rred ai amorrised wsl Using the eifedive intere51 tnethod. Its5 pmvision for impirnwil. A pr1$10 for thc impairnieThl ol. trdde dEbtor5 is esthblish when there is objeetiv¢evidence th the charity will noi able CDJlect zll anK)unts due llecordin8 to the origJna] temis of the rebI CJh Ld eA$h equ1lentI Cash and cth equjvalents comprix ¢a5h on hand znd call dEP)sits, and oiher 5hotri¢rm highty liwid inv&sthnts thai ar¢ t¢1Y ¢onvertible to B knoMuL atnouni of 5h and ar¢ subjecl to an insi8nifJcant risk of change in value. Trdt trtdito Tr4d¢ cteditols 8re oblilirIS to py l()r gtsods or service5 that have bten acquired in the ordinary te¥tsc of business trom suppli¢r$. A¢counE$ ptsybl¢ art elBssified as currertt 112bil¢S if the eharlty dou no¢ have An unconditional riBhl, at the end of Th¢ r¢porring period. lo defcr settlemcn¢ of th¢ crtdiior for At IcB5t t¥vcJvc nxTrnths 8ft¢r th¢ rcpDrtrn8 dat¢. Ir ¢here is &n Uncondiriott ri8hl 10 defer seLtlemen¢ for at le35t tweh'e wATr]rths Atter the p)rti8 d8te. they arepre3¢nt¢d a5 noTr¢wr¢nt lis.]1¢{¢. Pa8¢ 9
Coleview CoJumuDity Centre Notes to the Finaneial Statements for the Year Ellded 31 Deeember 2023 (CODtinued) 5 Other ineom• UllTeJtii¢t¢d TotI Totsj 2022 Otbtr 2023 Rentel income COVID r¢lat¢d ITanL% dwm 7B027 78.827 08.616 25.OOCI 93.616 78.827 78.827 6 ADIlY of K9v¢rDe¢ n¢J mppotrt¢o Sllpport (osts lund$ Oth¢r T#(*l 21)23 2022 Staff costs WaBes and salaTies Other statTc05t5 IThdepgnd¢nt exniner fees Exam1r0 of the final stat&nen LE8llE fccs OtherBovernJnc¢ costs 46J24 458 464 458 42226 425 L,725 10.181 130 808 1,725 10,181 1.450 12,079 78.755 134.935 PagelI
Colevlew cDMMnffity Centre Not¢$ to the Fi#¢141 St4tsmettts for the Year Ended 31 December 21123 {Cotined) 9 Tonglble Ilxed #ets FSxi¢irt4 Jttlngs ¥nd eqlllptst L•Nd bwlldltt8S C• At l January 2023 Addirions Di¥pos818 1,181250 493,079 8,319 (38.9871 1,674.329 8J19 138.98n At31 D¢c¢mlxr 2023 1.181250 462,411 1.643.661 Depre¢i¥lioTr Ai l Jary 2023 Charge ftsr the)'e8r EliNna¢ed di5P05p15 J55.500 34,845 (35.1iBI 355.500 34.845 35.1581 At 31 Deeembtr 2023 355.187 355.187 Nrt boDk Yglu At 31 December 2023 .181,250 107.224 lJ88 474 AL 31 Decemixr 2022 1.181.250 137.579 IJl8.129 10 Fjxtd ltsve$nitllts 2022 (Mher inv¢Aments 170,947 ge13
Col¢vi¢w CommuThity Celltre Notes to the Mllantial S2tements for the Year Euded 31 D¢¢ember 2023 {CODtillued) 13 Funds Balance st31 D¢re]ttbtr 2023 Ba]pnee4t I Jauuary 2023 Rosourttg txpcDdEd reJOUS UthrtFtrl¢ted Other 1.764 553 193.584 1089 777 BIIsDre It31 B8lty¢c at I Jllu•ry 2022 lllcominE rrsoun RU0r¢ pended 2022 Uthr¢strirted fknDd% Orher 1.788,815 1105.935 1764 553 Pa8¢ IS
Coleview Communlty Centre Detailed Statement olFinaThclal Actlvitios for the Year Ended 31 Dec¢mber 2023 {¢ODtinutd) Trtal 2011 IL123 Gr8JJt$ 4.000 4,0 Mtmbetship Lott¢ry m8¢bine rttdpts Fundraising 12.•10 4.838 10.035 gJ86 3.808 10.551 23,745 la¢erest on dy)5its &¢eJi$¢d uh7sed 8Eir4 oji Itkvtstrnt 1972 10.326 2ft3 (lo.1) 110.6881 12.898 Rffjt from Colthqew Tradin8 comlY Llmltcd LdrittBs COVID relatEd insurance ¢1 32,08J 46.744 28J33 40283 25.OQ) 76.827 93,616 (Ptofi¢yJ055 on di5P05al ofwgiblc rEd •s8ets (J.8281 (3.r281 Thi5 Pa8e (bes fornj p8nofihe ltu rin8JKj sllliejnffjt Page 17