Reglstered Charity Number Company Llmited by Guarantee Number 272688 1288177 HEMEL HEMPSTEAD DAY CENTRE LIMITED (A company Limited by Guarantee) REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 SincÈ1924 HEMSLEYMILLER Chartered Accountants
CONTENTS PAGE NO Trustees Report 3-10 Independent Examlners, Report li Statement of Financial Actlvltles 12 Balance Sheet 13 Notes to the Accounts 14-24 Management Information 25-27
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Legal and Administratlve Informatlon From: 1st April 2023 to 31st March 2024 Charlty Name: Hemel Hempstead Day Centre Llmited Reglstered Charlty No: 272688 Company Reglstratlon No: 1288177 Reglstered in England and Wales Charlties Princip?1 Address: (And company registered address) Half Moon Yard Hlgh Street Hemel Hempstead Hertfordshlre HPI 3AE Tel: 01442 262 746 Charlty Trustees who manage the charlty: l. Mrs. Loretta Anderson 2. Mrs. Janice Marshall 3. Mr. Rlchard Arthur Thorpe 4. Ms. Rosemary Ann Sutton 5. Mr. Alan Anderson 6. Ms. Christine Linda Howard 7. Mr. Rob Beauchamp 8. Mrs Carrie Townsend CHAIRPERSON VICE CHAIRPERSON (reslgned 1411212023) (appolnted 1411212023) (appointed 1411212023) Senlor Staff Member Ms. Sally Kingswell, Manager Hemel Hempstead Day Centre Advisers: Hemsley Mlller Chartered Accountants Unlt 3 Bradbury's Court Lyon Road Harrow Mlddlesex HAI 2BY Banks: Nat West Bank 9 Bank Court Hemel Hempstead Hertfordshire HPI IFB COIF Bank st Alphage House 2 Fore St London EC2 5AQ
TRUSTEES, REPORT (contlnued) FOR THE YEAR ENDED 31 March 2024 Descrlption of Charity Trusts Type of Governlng Document: The relevant detalls are In the charity's new memorandum and Artlcles of Association dated 20th November 2015 as amended by wrltten resolution dated 19th December 2021. How Is the Charlty Constituted? The charity Is a company limited by guarantee and does not have a share capltal. Trustee Selection.. A new trustee is selected by the board and goes through an induction process and finally reglstered by the charity at Companies House as a dlrector of Hemel Hempstead Day Centre Ltd. Additlonal Govern?nce Issues Inductionltralnlng of new trustees; New trustees are Inducted and trained Into the charity. Most of the tralning programme Involves becomlng familiar with the charlty's workings. New trustees are confirmed by a vote of the trustees at the AGM. Charities Organisatlonal Structure The charity currently has seven trustees responslble for the strategic dlrectlon and pollcy of the charlty. Up to elght additional trustees can be appointed by the board. The trustees appoint a paid manager for the charlty who Is responsible for the day to day runnlng of the charity and to ensure that the charlty meets its obllgations. The manager for the year was Ms. Sally Kingswell who has been wlth the charity for over twenty years. The manager is asslsted by a team of pald staff and some unpald volunteers. The charlty spent £165,531 or 700/0 of Its costs on staff. Objectives and activities of the charity The prlnclpal actlvlty and objectlve of the charlty is to relleve aged and infirm persons by provldlng, in the interests of social welfare, and with the object of Improving thelr conditions of Ilfe, a day centre wlth facilities for maintaining arkd Improving the health of such persons and facilities for their recreatlon or lelsure time occupation. Thls was achleved by continulng to work in partnership with our exlstlng funder5 to secure longer term funding to enhance the excellent service provlded. We contlnually work to maintaln such hlgh standards of servlce by regular monitorlng and evaluatlon. The trustees have had regard to the guidance issued by the Charity Commlsslon on publlc benefit and have achieved further progress during the year as follows: How our actlvltles are now dellvering public beneflt A day at our centre glves members the opportunlty to particlpate In di5cusslons, games, qulzzes, bingo, and seated exerclses to music which they all love. They can also have baths, their nails manlcured, have their hair styled or cut in our own purpose-built salon and receive chlropody treatment. We also have many more recreational actlvltles and entertalnment supplied by local muslclans and trainers.
TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 March 2024 Our care staff serve our members a healthy nutritious hot two course lunch, logether wlth breakfasts and refreshments throughout the day, all cooked daily on slte by our own chef, to meet their dletary needs. The benents of attending the day centre contribute greatly to many of our members belng able to stay In thelr own homes longer and enables home carers to be able to prolong carin9 for their loved ones in thelr own homes. Thls not only helps them but provldes a beneflt to adult care services who are coping wlth reduced fundlng to care for an ever-growing agelng populatlon needlng expenslve resldential care. Our daily support to these famllies can also reduce the number of times our members and thelr carers, who are often elderly and frall themselves, visit doctors and hospitals as statistics show the elderly have far more health Issues If they have soclal isolation, poor nutrition, and reduced mobility. Members pay a small annual membershlp fee of £5, a charge for each contracted visit to the centre, and then a charge to cover all mealslrefreshments taken at the centre. Such charges 3re set as low as possible but are necessary to ensure the charlty broadly covers Its overall annual costs, wlth a comblnatlon of charges, grants, and fund raising. Transport arrangements are provided by three dlfferent sources. Flrstly, a small number of members are plcked up from thelr homes by our drlver using hls own car and the charity then charges a transport charge. Secondly, members can contact CAD (Community Action Dacorum) who wlll arrange to collect them from their homes and bring them to the day centre with members payin9 CAD dlrectly for thls service. Thlrdly HCC transport under thelr Dlal a Ride Servlce continue to provide one bus to get members from thelr homes to the day centre. Members are charged separately by HCC for this servlce. The charity also provldes dally hot lunches for varlou5 independent lunch clubs for the elderly across the borough. Staff and volunteers: Our management and staff are the most Important element in making the Day Centre a welcoming place for our elderly members. I would like to record our thanks to our management and staff for all thelr help and contlnued support. The day centre Is a Ilfellne to many vulnerable Dacorum residents, theSr families and carers ènd would nol be the welcomlng and carin9 envlronment it Is wlthout the hard work of Sally Klngswell our manager, and her team of hard-worklno staff and volunteers. The team have also worked really hard to brlng our number of members up dally to a more sustalnable level, whlch Is crucial to the future of the centre.
TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 March 2024 Financlal Review On an accruals bas15 the charity generated a proflt of £7,730 for the year after charglng depreclation of £4,866. This compares Wlth a budgeted small loss for the year. This improvement arose partly from Increased bank Interest, up £4k, as some banks finally Improved their buslness and charity account terms, and lower payroll costs as we avoided employing temp staff to cover staff illnesses, and saved money by not replacing a member of staff who retired at Chrlstmas 2023. The charity remains on a sound flnancial footlng, wlth cash at bank and on deposlt of £252,975, an increase of £15,361 from the prevlous year. Thls has arlsen partly due to the cash generated from the improved financial results for the year, together wlth depreclation, not being offset by any capital spend thls year. statement on Reserve Pollcy The charity malntalns a single reserve fund. Thls reserve account totals £217,290 at the end of the year, compared wlth total reserves the previous year of £209,560. In the unllkely event that the charity should need to be wound down, the reserve fund would be used to fulfil the charlty's obligations for as long as posslble, and to ensure, as far as possible, alternative arrangements are found for all our members. The fund Is also used to absorb any temporary reductlons in our Income, or unexpected expendlture. The Charlty's Reserves Pollcy requlres that the charity maintains reserves In the range of 500/0-IOOOkn of the next year's annual budgeted expendlture. At the end of the year the charlty had no restricted funds. The trustees remaln confident that these reserves are adequate for all such needs. statement on Fundraising Activities The Day Centre regularly undertakes local fundralslng activitles malnly Involvlng members. Raffles and bingo are the most popular form of fundraising actlvities. All funds ralsed by thls are used to contribute towards the costs of providing the daily fresh lunch service. Principle Source of Funds About 38010 of the funds (£93,215) was provlded by fundlng from Hertfordshlre County Councll {HCC) and Dacorum Borough Council (DBC). The fundlng provided by Adult Care Services, Hertfordshire County Council (HCC) Is now in the form of a grant and all aspects of the 9rant process are managed by Herts Community Foundation. The contract fundlng we receive from DBC Is pald to us via Age UK Dacorum, as we are subcontracted to them to provlde a share of the service outcomes required by DBC to fulfill thelr social isolatlon contract. Slnce April 2024, DBC fundlng is currently stlll provided vla Age UK Herts but Is now and for the next 3+ years pald as a grant via a Service Level Agreement. We thank HCC and DBC for their contlnued financial support. We would also Ilke to acknowledge the benefil and security provlded to the charlty by the provlslon of the day centre bulldlng by DBC (at a peppercorn rent), and for allowlng us to secure these facllltles until 2028.
TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 March 2024 How Expendlture has supported Key Objectives of the Charity One of the main actlvltles durlng the year was to reduce the decllne In membershlp and to gradually start to rebuild our member base and increase the daily attendance at the day centre. Durlng the summer we revlewed the structure, In the kitchen, promotlng the kitchen asslstant to asslstant cook, working extra hours, and then recrulting a part tlme cook who started In October 2023. This reduced kitchen staff costs, reducing the Impact of reduced lunch club activlty and revenue. The charity agaln spent tlme and resource this year worklng as part of Dacortium, whlch is Dacorum's voluntary sector consortium. Dacortlum Is part of HCNS (Hospital and Community Navigation Servlce) whlch Is a partnership of voluntary organisatlons across Herts who work closely together to provlde an Integrated soclal prescribing servlce throughout the County. Through HCNS fundlng Dacortlum employs twelve plus staff as the Dacorum social prescribing team. Rlsks Reductlons in fundlng from Herts County Council (HCC) and Dacorum Borough Councll {DBC) remaln one of the major rlsks for the day centre. DBC fundlng, on a servlce fee basls via Age UK Dacorum, was further extended to March 2024. We are pleased to advlse that for the year ended 31st March 2025 whilst the money wlll still be pald vla Age UK, thls is now In the form of a grant and this has also been upllfted to £40,440 to reflect recent hlgh levels of inflation. HCC has contlnued to allocate money In the form of grants vla Herts Community Foundation to March 2025. Thls was Inltially a grant of £53,000 per annum, but for the year ending 31st March 2025 this has been increased to £60,200 to allow for recent hlgh inflation. Currently It Is unclear If further money will be available after March 2025. Transport changes have helped to support our members gettlng In from Hemel Hempstead to the day centre. However, these changes have permanently reduced the number of members able to get to the day centre from outside Hemel Hempstead. Increased costs For Energy remaln a risk for the charlty. We have regularly fixed energy conlracts for a number of years ahead. Unfortunately, a replacement one year electricity contract startlng from September 2023 had seen a substantial increase to É20,000 a year, and since April 2024 there is no government support. However, slnce September 2024, we have now rene9Otlated the contract so electrlclty costs are now expected to cost about 30010 less but still very high at £14,000 a year, even though part of our electricity Is provided from our solar panel Installation. At the same tlme our long- term gas contract finally expired In May 2024, with cost doubling to £5,000-£6,000 a year Parl of slte energy costs are recharged to Age UK Dacorum who malnly use the upper level of the bullding, reduclng the net Impact on our overall energy costs.
TRUSTEES, REPORT {contlnued) FOR THE YEAR ENDED 31 March 2024 Future Plans Havlng stabilised our base membership at around 20 attendances per day, our key challenge remalns to gradually build our membershlp and also get attendances back to over 25 pald attendances per day. We plan to improve our marketlng Including updatlng our websSte, carrying out localised advertlslng Including wlth social media, and offering more free taster days. We also need to work c105ely wlth CAD to ensure that anyone who needs transport to get into the centre can do so using their communlty car scheme. The charlty has recelved a grant of £60,200 from HCF to support the costs of runnlng the day centre for the year 2024125, funded by HCC. Preparlng plans to deal with any subsequent reductlon or loss of grant funding from thi5 source after March 2025 remains a priority for the charlty. Conservatory Café/lunch clubs We also have prellmlnary plans to run a lunch club ourselves at the day centre uslng our onservatory, once the new kitchen set up Is robust and firmly established. Thls wlll provide not only nutritious food and company, but also a warm place to meet. We feel th55 Is particularly needed wlth the closing of the Age UK lunch clubs and the cost-of-livlng crisis puttlng lonely older people at risk from the cold, or not eating well. This is almed at en6bling the younger more able older people of Dacorum to make use of our purpose-built facilltles. To support thls, we are recrultlng volunteers and have opened a drop in Café facility for over 50s on a Wednesday mornlng to gel Ihem comfortable wlth coming Into the day centre. We still need to flnd solutlons, or some support fundlng to enable members in Tring, Berkhamsted, Bovlngdon and rural areas of Dacorum, to be able to both get to the day centre and pay much higher transport costs to do so.
TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 March 2024 Trustees, Responsibilities The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparin9 the Trustees, Report and the flnancial statements in accordance wlth applicable law and regulatlons. Company law requlres the trustees to prepare flnanclal statements for each flnanclal year. Under that law the trustees have elected to prepare the flnancial statements in accordance wlth Unlted Kingdom Generally Accepted Accountlng Practice (Unlted Klngdom Accounting Standards and appllcable law). Under company law the trustees must not approve the financlal statements unles5 they are satlsfled that they glve a true and falr view of the state of affalrs of the charity and of the surplus or deficit of the charlty for that year. In preparlng these flnancial statements, the trustees are requlred to.. select sultable accounting pollcles and apply them conslstently. make judgements and estimates that are reasonable and prudent; prepare the financial statements on the golng conrn bas15 unless It Is inapproprlate to presume that the company wlll continue In buslness. The trustees are responslble for keeping adequate accountlng records that are sufflclent to show and explaln the company's transactions and disclose wlth reasonable accuracy at any time the financial posltlon of the company and enable them to ensure that the financial statements comply with the Companie5 Act 2006. They are also responslble for safeguarding the assets of the company and hence for taklng reasonable steps for the prevention and detection of fraud and other Irregularitles. In so far as the trustees are aware: there is no relevant audlt Informatlon (Informatlon needed by the charlty's independent examlner In connectlon with preparlng their report) of whlch the charity's Independent examiner are unaware, and the trustees have taken all the steps that they ought to have taken to make avallable any relevant audlt Informatlon and to establlsh that the charity's independent examlners are aware of that Information. These financlal statements have been prepared in accordance wlth the provlslons applicable to companles subject to the small companies, reglme. The trustees declare that they have approved the trustees, report (Includlng directors, report) above. By order of the Board Ms. Loretta Anderson Chairperson 1511112024 Dated:
INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES of HEMEL HEMPSTEAD DAY CENTRE LIMITED report on the accounts of the company for the year ended 31 March 2024, whlch are set out on pages I I to 21 Respectlve responsibilities of trustees and examlner The trustees (who are also the directors of the company for the purposes of company law} are responslble for the preparation of the accounts. The charity's trustees consider that an audit Is not requlred for thls year under section 144{2) of the Charltles Act 2011 (the 2011 Act) and that an independent examlnatlon Is needed. The charity's gross income exceeded £250,000 and l am qualified to undertake the examlnatlon by being a qualified member of The Instltute of Chartered Accountants In England and Wales. Havlng satlsfled myself that the charity 15 not subject to audlt under Part 16 of the Companles Act 2006 and Is ellglble for Independent examination, it Is my responslblllty to.. examine the accounts under sectlon 145 of the 2011 Act. to follow the procedures lald down In the General Directions given by the Charity Commlssion under sectlon 145(5){b) of the 2011 Act,. and to state whether partlcular matters have come to my attentlon. Basls of independent examlner's report My examlnatlon was carried out In accordance wlth the General Directions given by the Charlty Comrnission. An examlnatlon includes a revlew of the èccountlng records kept by the charity and a comparlson of the accounts presented wlth those records. It also Includes conslderation of any unusual Items or disclosures in the accounts, and the seeking of explanations from you as trustees concernlng any such matters. The procedures undertaken do not provide all Ihe evidence that would be required in an audlt and, consequently, no opinion Is glven as to whether the accounts present a 'true and falr view, and the report Is Ilmlted to those matters set out In the statement below. Independent examiner's statement In connectlon wlth my examination, no matter has come to my attention: whlch gives me reasonable cause to believe that, In any materlal respect, the requlrements: (a) to keep accounting records In accordance with section 386 of the Companles Act 2006, and to prepare accounts whlch accord with the accountlng records, comply wlth the accounting requlrements of the Companies Act 2006 and wlth the methods and pr5nciples of the Statement of Recommended Practice: Accountlng and Reporting by Charltles (revised 2005) have not been met, or to which, In my oplnlon, attention should be drawn In order to enable a proper understanding of the accounts to be reached. (b) Ali. T. Mlah &Sc {Hon) FCA AFfA Hemsley Mlller Chartered Accountants Unlt 3 Bradburys Court Lyon Road Hèrrow Middlesex HAI 2BY Dated.. 1611112024 10
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2024 Restrlctèd Unrestrlcted funds Endowment funds Prlor yaar fijnds Rocominend•d categorigs by actlvlty funds Total funds Income (Nots 31 In¢ome and endowments froin.. Oonalions and legacies Charitable acliiilies Other trading acliMlies InStmentS 94,371 122,884 15.269 10.949 94,371 122,884 15,269 10.949 101,990 114,212 12,228 5,513 Separate material item of income Other Total Expendlture (Notes 51 Expelldilure on: Raisin9 fvnds Charilable acliulies Separate material expense item Other Total 243,473 243,473 233,943 235,743 235,743 219,067 235,743 235.743 219.067 N&t Incomel{exp&nditurel b&fore tax for tho reporting perlod Tax payable Net incomellexpendlturèl after tax before inveslinènt gainslllowsl Nel gainslllossesl on Ins(mentS Net Incomellexpendlturel Extraordlnary items Transfers between funds Other recognlsèd galnslllowsl: Gains and losses on revaluation of fixed assets for tho charity's own use Other ainsl losses Net moveiiient In funds 7,730 7,730 14,877 7,730 7,730 14,877 7,730 7.730 14,877 14.877 Reconciliation of funds.. Total funds brou hl forward Tolal funds carried fOard 209 561 217 291 209,561 217 291 194.684 209 $61 The Income and expenditure account has been prepared on the basis that all operations are contlnulng operatlons. There are no recognized galns and losses other than those passing through the statement of financlal activltles. The notes on pages 14 to 24 from part of the flnancial statements
BALANCE SHEET AS AT 31 March 2024 Restricted Unrestricted Income funds funds Endowment Total Ihl$ funds year Total last year Flxed assets Tanglble assets (Note 91 Totsl fixed a&8ets currentats Stocks 9,498 9,498 9,498 9,498 14,365 (Note 10} Debtors (Note 11} Cash al bank and in hand (Note 141 Total current awts 5.300 237.613 242 913 252,975 252.975 252,975 252,975 Creditor& amounts falling due wlthln on& yaar {Notg 121 24,372 24,372 29,908 Not ciirrent a(lIabIlItIeS) 228,603 228,603 213 005 Total ats less current liabllltles 238,101 238,101 227.371 Provislons for liabilltlos (Note 13) 20,811 20.811 17,611 Total ngt assets or11obllities 217,290 217,290 209 560 Funds of the Charity Endowment fvinds (Note 151 Reslricled in¢ome tsnds {Nole 151 Unrastri¢ted funds Total funds 217,290 217.290 217,290 217,290 209.580 209,560 For the year In questlon, the company was entitled to exemption from an audlt under secllon 477 of the Companles Act 2006. The members hève not requlred the company to obtaln an audlt of its accounts for the year In question in accordance with sectlon 476 of the Act. The trustees (who are also dlrectors for the purpose of company lawl acknowledge thelr responslbllltles for complying wlth the requirements of the Companles Act 2006 wlth respect to atcountlng records and the preparation of accounts. These accounts have been prepared In accordance with the provision5 appllcable to small companles subject to the small companies reglme and In accordance with FRS102 SORP. The flnanclal statements were approved by the board on Lorellcl Aiiilt-rsoii IPlnv 15, 2CI24 21..32 GMT) L Anderson Chair Person IDlrector)Company Registratlon No. 01288177 12
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 Basis of preparation Accounting conventlon These accounts have been prepared under the historlcal cost conventlon with Items recognlsed at cost or transactlon value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared In accordance wlth the Statement of Recommended Practlce.. AccoLJnting and Reporting by Charitles preparlng thelr accounts In accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102} Issued on 16 July 2014 and the Flnancial Reportlng Standard applicable In the United Klngdom and Republic of Ireland (FRS 102). Going Concern There are no material uncertaintie5 related to events or conditions that cast signlflcant doubt on the charlty's ablllty to continue as a going concern. Change of accounting pollcv The accounts present a true and falr view and no changes have been made to the accountlng policies adopted In note l. I Changes to accounting estlmates No changes to accountlng estlmates have occurred In the reporting period (3.46 FRS102 SORP). Materlal prior year errors No material prior year errors have been Identiried in the reportlng perlod {3.47 FRS102 SORP). Accounting Pollcles Reconcillation wlth previous generally accepted accounting practice The policles applled under the entity's previous accountlng framework are not materially dlfferent to FRS 102 and have not impacted on equity or proflt or loss. 2.2 Income Income is Included In the Statement of Flnancial Activitles (SOFA) when: the charlty becomes entitled to the resources. it Is more Ilkely than Dot that the trustees will recelve the resources; the monetary value can be measured wlth sufflclent rellability. Income Is the amount derlved from the provlslon of go0dslservls, and stated after trade dlscounts. 13
NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR ENDED 31 March 2024 There has been no offsettlng of assets and liabilities, or Income and expenses, unless requlred or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included In the SOFA when the general Income recognltlon crlteria are met (5.10 to 5.12 FRS102 SORP). The charity has recelved government grants In the reporting perlod Glft Aid recelvable Is Included In Income when there Is a valld declaratlon from the donor. Any Glft Ald amount recovered on a donation Is considered to be part of that gift and Is treated as an additlon to the same fund as the Inltlal donation unless the donor or the terms of the appeal have specified otherwise. Donated goods are measured at fair value (the amount for whlch the asset could be exchanged) unless Impractlcal to do so. The charlty has Incurred expenditure on sUPPOrt costs. Income from Interest, royaltles and dividends Is Included In the accounts when receipt Is probable and the amount receivable can be measured rellably. Membershlp subscrlptlons received In the nature of a glft are recognlsed In Donatlons and Legacles. Membership subscriptions whlch glve a member the right to buy services or other beneflts are recognlsed as income earned from the provision of goods and services as Income from charltable activitles. Expendlture And Liabllltles Llabillties are recognlsed where it Is more likely than not that there is a legal or constructlve obllgatlon committing the charity to pay out resources and the amount of the obligation can be measured wlth reasonable certalnty. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving publlc accountability of the charlty and its compllance with regulatlon and good practlce. Support costs Include central functions and have been allocated to actlvlty cost categories on a basls conslstent with the use of resources, eg allocatlng property costs by floor areas, or per capita, staff costs by the time spent and other costs by thelr usage. The charlty has credltors whlch are measured at settlement amounts less any trade discounts A Ilability Is measured on recognition at Its hlstorical cost and then subsequently measured at the best estimate of the amount requlred to settle the obllgatlon at the reportlng date The charlty accounts for basic financlal Instruments on initlal recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement Is as per paragraphs 11.17 to 11.19, FRS102 SORP. 14
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 March 2024 Assets Tanglble fixed assets are capitalised If they can be used for more than one year at cost, and cost at least £lOOO. Assets are depreclated on a straight Ilne method using the rates below.. Plant & Machinery Fixtures, Flttlngs & Equipment 25Wo 20¥0 Stocks held for sale as part of non-charitable trade are measured at the lower of cost or net reallsable value, Goods or servlces provided as part of a charltable actlvlty are measured at net reallsable value based on the service potential provided by Items of stock. Income lJnrèstrlcted lufftds Analysis of incomg Total lund8 PrloTyear Donatlon$ and legaclos.. Donations and Gifts Gift Aid Lega¢ies Genera1 gran15 proiided by g0MmenU0lherchatIes Membership subscriptions 8nd sponsarships which are in substance donations Donaled go(KJs. facilities and 5eThices Other Total 3,858 93,215 350 93.215 350 97,837 295 94.371 Charltablo a¢Uvltlos'. Fundraising Income from aclil41ies Olhar Total 3.735 116.818 3.735 2.456 116.818 111.756 2.331 122 884 122,884 114,212 Other Irading actlvllles.. Ulililie5 Recharge Hairdre5set5. manicures and chirowdy Refreshmenls Other Tolal 12,549 1.224 1,493 12,549 1,224 1,496 8,175 1,404 2.849 15.289 12,228 Incomo Irom Inve8tmgnt&' Inte$t income Dilidgnd incom8 Renlal and leasing income Incom& from feed in Tariff5 Total 6.323 6,323 969 from solar anels 4.627 10.949 4.544 5.513 10,949 15
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 March 2024 Analysls of receipts of government grants 2024 2023 Da¢owm BoroLwh Council Hertfordshire County Council Other Grants 36,005 57.210 34,023 62,314 1.500 Total 93,215 97,837 From October 2016 the charity has not been funded directly by DBC, rather they now recelve funding vla Age UK Dacorum wlth whom they submltted a joint bid with them as lead bidder and the charity as sub contractor for a DBC tender for fundlng. Since Aprll 2023 the fundlng provided by Adult Care Services, Hertfordshire County Councll (HCC) is now in the form of a grant and all aspects of the grant process are managed by Herts Communlty Foundation. In the previous year, an additional capltal £10,000 grant was recelved from DBC (from thelr Communities Infrastructure levy) to purchase and Install a new tilting bath to replace our beyond-repair old bath. Expenditure on charitable activities Uniostrlcted funds Total funds Prlor year Staff Costs Premises Costs 165.531 165.531 151.441 51,870 51.870 50.130 Administration Costs 12,883 12.883 13,166 Financial and other costs 527 527 532 Governance Cost Total expenditure on charitable activities 4.932 235.743 4,932 235,743 3.797 219,(7 16
NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31 March 2024 Detalls of certain types of expenditure 2024 2023 Fees for examlnatlon of the accounts Independent examineT'S fees Assurance senices other Ih8n independent examination Tax adsOry fees Other fees pa*J lolhe independenl eXaner 1,404 1.183 3,528 2,615 Paid employees 2024 2023 Staff Costs Salaries and wage5 Social security costs Pension costs Idefined contribution pension plan) Other employee benefits Total stsff costs 152,472 10.758 2,300 141.737 6,910 1,807 165,531 150,454 There has been no expenditure on staff w01ng for the charity those conlfa¢ls are with and are paid by a related party. No employees reCeId employee benefits (excluding employer pension costs) for the reporting period of mole than £60,000. No remLFneralion was pald lo any trustee during the year ended 31 March 2024 and no expenses were paid oul to any of the l(uslees. Key management personnel were paid an annual gross salary of£36.300. Averag& head count in the year 2023 2022 Fundraising Charitable A¢tiiAties GornanCe Other Total 17
NOTES TO THE FINANCIAL STATEMENTS {contlnued) FOR THE YEAR ENDED 31 March 2024 Deflned contrlbution pension scheme (or defined b8iiefil sclieine aGcounled loras a defiiied Conlribiilion scheme) Amount of conliibutions recognised in the SOFA as an oxpense £2300 Tangible flxed assets Cost or valuation Other land & bulldlngs Plant, macliinery and motor vohlcles Flxtures, fitting$ and equipm&nt Total Al the beginning of the year Addilions 15,483 12,712 28,395 RelUationS Dlsposals Transfeis ' { 15,463) 15.483 At end of thtr ygar 10.00} 12,712 12,712 Depreciation and impalrments At beginnlng ol the year Disposals 13,159 671 13,830 15,483 115,4831 2,324 Depreciation 2.542 4,866 Impaimenl Transfers. At end ol the year 10.001 3,213 3.213 Net book value Net bcM)k value al the beginning of the year 2.324 12,041 14,364 Nel book value al the end of the year 9,498 9.498 18
NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR ENDED 31 March 2024 10 stocks 10.1 Carrying amount of stock and work in progress analysed between activities. Stock Lk*nal8d uoods Work In progr&$s For dlstrlbutlon For resale For distrIblIOn For re5al¢ other trading acllvlties: Opening Added in period Expensed in period Impaired Closlng Total this year Total prevous year 19
NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR ENDED 31 March 2024 11 Debtors and prepayments 11.1 Analysis of debtors 2024 2023 Trade debtors Prepayments and accru8d income other debtors 5,300 Total 5,300 11.2 Disclosure of debtors recoverable in more than 1 year Ilncluded In debtors above) 2024 2023 Trade debtors prepaynts and accrued incon Other debtors Total 20
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 March 2024 12 Creditors and accruals 2024 2023 12.1 Analysis of creditors Accruals for grants payable Bank loans and 0rdraftS Trade creditors Payments recei%ed on ac¢ounl for conlfacls or performance-relaled giants Accwals and deferred income (see below) Taxation and social se¢urily Other creditors 24,372 29.908 Total 24,372 29,gOB q2.2 Deferred income Movement in deferred income account 2024 2023 Balance at the start of the reporting peTiod Amounts added in current period Amounts released to income from previous periods 17,564 10,610 10,025 { 3,0711 14,0421 Balance at the end of the re ortin eriod 13,522 17.564 12.3 Members deferred income Movement in deferred Income account 2024 2023 Balance al Ihe start of the reporting period Amounts added in current period Amounts released lo income from premous periods 899 5,230 (899) 14,331) Balance at the end of the reportin eriod 899 21
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 March 2024 13 Provislons for liabilities and charges For assets prokided by DBC as part of the lease, pro%isions ha been made for the deterioration in value of original OBC assets that hale been in use for o*r 20 years, including central healing and radiators. sanilary ware and elecliical insla11alions for which there is a potential liability iflwhen the lease is lerminaled. The total proiAsion is £14,108 including an accrual of £1,000 and nel of any spending in the year. This promsion will be reduced as specific expenditure is incutred reaCing relevant DBC assets. The lease does not slipulale when the worf( needs to be Carried out but the assets musl be maintained. A majof refvrbishmenl and repainting project is also required to meel the terms of the lease. The lolal proiision is £6,703. 13.1 MoVentS in recognised provisions and funding commltment during the perioi 2024 2023 Balance al the start of the reportin9 period Amounts added in cuwenl period Amounts charged against the promsion in the current period Unused amounts lerSed during the period 17,811 3,000 15.811 2,000 Balancg at the end of the rèporting pfrrlod 20.811 17.811 2024 2023 14 Cash at bank and in hand Short lem cash InStmentS (less than 3 months malurily date) Short term deposits C8$h al bank and on hand Other 168,672 84.303 174.136 63,478 Totsl 252,975 237,613 22
NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR ENDED 31 March 2024 15 Charlty funds 15.1 D•tail$ of nterial lund5 held and tNJvemnt8 diirlny the CURRENT reporllng period 'Kfjy." PE-pgm)anenl erKlownenl lunds," EE- expsnd8bl& 8ndownentlunds,' R- $111¢10dincorns lunds. includw$¢l Irusfs, ofihe cherily," 8nd U- unre$117cled funds Typo PE. EE Ror UR. Fud balances broutrht forward Fund balan¢•s ¢arrlEd folwa Pu08• and Restrlctlons Galn8and I0S Incomp Exp8ndllure Transfers Fund namgs Gere1 UR Gener 243.473 1235.7431 217,2gY) CA)ntiwl UR ConlirwKy Fw specifiG aGli%ilies De51Wal1 UR 0lh6rlu1$ (b8ff8nGlty I? Total Fund8 a8 or balance 5heel 209.560 243.473 235,742 217,2 16.2 Dètalls of Materlal funds held and movements dvrlng the PREVIOUS reportlng Peflod "Key.. PE-penn6nententhxim8ntfunds,' EE- exporKl8b1&entsniI funds,. R-resbi¢tedln¢ome lunds. incIrj speci811fusts. ollh8 ¢h8rity,' 8PKIU- unreStledurs Funil Type PS, EE R orUR' Purpos& and Re&rlcllons balancès brought forw¥rd Galnsand Ioxe8 Income ExpoThdltw Tr8nsfeiA Fund nAmg3 UR GÈneiAI 194.684 333.542 {219.06n 209,560 ¢(li4eTht De$wrtAied UR UR For speclfic 4clitte$ Other Ibalar19 figu(o1 Totsl Fund$*# er b31ance Eheot 194,684 233,842 219,067 209,660 23
HEMEL HEMPSTEAD DAY CENTRE LIMITED MANAGEMENT INFORMATION FOR THE YEAR ENDED 31 March 2024 Tlie folloiviiig pnges (lo iiot foi'in pllrt of tlic statiitoi'y ieeoiinls. 24
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 March 2024 Income 2024 2023 utirlties Recharge Membership subscriptlo other Income Income from feed in Tariffs (from solar panels) Income from activities Hairdressers,manicures and chlropody other fund ralslng Refreshments Grants DBC Grants HCC Other Grants General Donatlons Investment Income 12,549 350 2,331 4,627 116,818 1,224 3,735 1,496 36,005 57,210 8,175 295 4,544 111,756 1,404 2,456 2,649 34,023 62,314 1,500 3,858 969 233,943 806 6.323 243,473 Administratlve Expenses Surplus / {Defl¢lt) 235 743 7,730 219 067 25
SCHEDULE OF ADMINISTRATIVE EXPENSES FOR THE YEAR ENDED 31 March 2024 staff Costs 2024 2023 Wages Training Expenses 165,531 150.454 987 165 531 151,441 Preml$es Costs Kitchen purchases Insurance Llght and Heat Repairs and rnaintainance Cleaning Rent Payable Refurbishment Provlslon Dllapidation Provision 13,546 1.473 20,145 9,531 3,676 500 2,000 1.000 51,870 16,397 1,349 13,111 IL,612 5,661 L,000 50.130 Admlnlstratlve Printing, postage and sta¥onary Telephone Transport Entertalning Depreclatlon subscrlption Equipment Hire Sundry Expenses Legal and professional 43 414 113 749 2,322 960 4,433 183 961 601 2,845 13,166 2,213 1,789 4,866 40 1,081 143) 12,883 Flnanclal and other Costs Bank charge 527 532 527 532 Governance Cost Independent Examiners Fees Accountancy Fees 1,404 1,183 2,615 3.797 4,932 235 743 219,067 26