OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

COX GREEN COMMUNITY CENTRE

Registered Charity No. 277252-R

FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 ~~1~~[ST] MARCH 2023

COX GREEN COMMUNITY CENTRE

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31st MARCH 2023

LEGAL AND ADMINISTRATIVE DETAILS

Registered Charity Number : 277252-R Status : Unincorporated Charity Principal Address : 51 Highfield Lane Cox Green Maidenhead Berkshire SL6 3AX Trustees at the date of this report : Trustee Appointed by Mr. Mark Julian Russell Community Association Mrs. Ruby Doughty Community Association Mrs. Jennifer Hopper Diocese of Oxford Mr. Robert Winlo Diocese of Oxford Mrs. Vicky Howes, SecretaryRBWM Mr. Bruce Adams, Chair RBWM

All the Trustees served throughout the year.

The Trustees are appointed by the bodies shown according to their own internal processes over which the Centre has no influence. The appointing bodies are responsible for the induction and training of their Trustees.

Governing Document : Trust Deed dated 15[th] December 1978. Objects of the Charity : For the benefit of the Inhabitants of Cox Green in the County of Berkshire and its immediate neighbourhood without distinction of sex or political, religious or other opinions by associating the Local Authorities, Voluntary Organisations and Inhabitants in a common effort to advance Education and Religion. To provide facilities for recreation and leisure time occupation with the object of improving the conditions of life of the said Inhabitants. Solicitors : Kidd Rapinet Bankers : Caf Bank Limited Examiners : Grey and Green Ltd. 4 Cordwallis Street Maidenhead Berkshire SL6 7BE Co-operation with other charities : Cox Green Community Association (265963) and Victory Hall Trust (264285) both have similar objectives, i.e. “for the benefit of the community of Cox Green”.

(1)

COX GREEN COMMUNITY CENTRE TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31st MARCH 2023

ORGANISATION

The Trustees meet annually to review the Charity’s activities. Authority is delegated to the Management Committee which meets every three months. Responsibility for day to day operations at the Community Centre is delegated, as appropriate, to the Duty Manager and the Centre’s Staff.

RESERVES

It is the policy of the Charity to maintain free reserves which, after taking into consideration the required asset base at the Community Centre, are sufficient to service the objects of the Charity. The Centre's running costs are largely fixed and its income variable, necessitating that these reserves be held at a relatively high level Purchases of capital equipment are financed out of existing cash deposits, and from grants and donations.

Restricted reserves consist of the portion of net book values of capital items for which specified funding was received, surpluses built up by the Pre School Activity in previous years, which can be used only for activities benefiting children and young people, and the unspent balances on grants and donations made for specific purposes. At the 31[st] March 2023 these reserves were made up as follows :

Net book value of the funded portion of cooker, toilets and other equipment
Pre School and Summer Camp surpluses
Net book value of funded portion of new entrance		 £
13,355
54,469
29,484
97,308

The net book values do not represent a future cash commitment.

RISK MANAGEMENT POLICIES

The Charity has accepted the risk management policies of the Local Authority. Major risks to the Charity’s income can arise from a dramatic reduction in Hall Hires, as has been seen during the Covid pandemic. Bookings continue to recover as normality returns. Meanwhile cash reserves and the cost base are closely monitored to ensure that the Charity can continue to function in today's volatile economic environment. Asset risks are mitigated by comprehensive insurance cover and by regular health and safety assessments. Financial and administrative controls are operated to provide security against the possibility of fraud.

INVESTMENT POWERS

The Trustees have powers under the Trust Deed to make investments at their absolute discretion, as they think fit.

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The law applicable to charities in England and Wales requires the Trustees to prepare for each financial year financial statements which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to :

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities’ Act 2011. They are also responsible for safeguarding the assets of the Charity.

(2)

COX GIiEEN COMMUNITY ￿￿tRE TRUSTEES'ANNUAL REPORT 'OR THE YEAIiENDED 31&t MARCH 2023 by the Fdtuleull"¢ arxl attcndalrt knk&>wr4 the Centsehad a irry S￿l$[tory year aTML to th¢h work of its sthff alld volunteers andto &tEkTtJsity of ￿N)rt￿ able tOW(d￿ a mup4 r￿mb￿"dge to line d8ll¢U from drama to YO84 cateringfor all ag¢4 (xjr Pre 8Th1 ￿￿c8￿1p ¢onlith to serye the f8nuliesino￿c0TnMU￿lt¥. It was g(KNA io of outfxilitiq iwi¢xwinc4xne frrxllhall bl￿ba$not v¢t r¢ttunwJ to pre-pandanic levels H]"gh¢r levelsof wivxteb￿￿dUriD8the Year loj io a utlcixne in bar Conti1b￿]0￿8￿d ha[￿ Tetum ofour annua] tmrt(xnime imwoY¢A fimdraigng r￿1Fts. Actiiity iti th"tsar¢4 however. remai￿ 2nd raDalnsMth￿ a& 8lon8 *ith nw. charitiia we have ￿lCUl￿r in attr8cliDg volunteers toorg8ni* gnd nJDevats InCON￿ from 0￿pre ￿h{X}L th"ghtlylu"ghxthan 1&4 year, h&s notretlln￿l0thC I￿.￿5 xen in 19120, afftdl￿ I]K￿r￿8￿U￿￿iEr Ofc￿"1drcn wkth s(Ki81 and le8rning d￿fiCU￿￿eshasI￿cll a restridiDgf*tor, cruting d￿lleng￿$ ￿l¢b oEJrh8rd.wo&illg are M￿litig Mithikdicalion 8[K[p￿eSs¥)lla]1sll. (kn &llDzu¢rC8Jnp rdlWn￿t0ÉwoV￿cLs0f varied a¢tiNutie& 8n& swrtcd b). d(K￿lo￿8fTorn Cour£il and the LouisBa}'lis Ttua. P[￿j￿¢d a all which ￿1P to thss Je8ls thme. RI￿ Int¢￿ ra￿ 819) ￿gAnt0 increase t Celltsc's i￿. ￿ti1¢hwaSaUgrne￿l a gertro￿￿￿lb]t1(￿ frixn the Cornm￿1ty ￿8￿18130n and a Utn of ?nwrBrtt FM]iwnsoiw*id in w￿￿0￿93¢*r8 The tenefitsof h18btrj￿(￿t were wly errthj by si8ulfi￿1IY hIts£xr￿l￿ Ew cost& to whichthe Ro!Al B(mI8h ￿ 8 4￿ turn8oftt￿ Letrtre'sTrt￿ tked. ailll (k>ubled and although ￿ary thaEJksto atemtor8o rtykniI￿ illbow5￿¥Xktd bi, Pre ￿ry)1 aff. relatiNEly stabl4 all otlrr areas saw ofvaryfftu8wa￿JÈt￿￿￿ m81nten￿ coA& ]MNing ]￿en lightly COIrt￿￿ thring theiq ro m￿e (pirkly illfiatioll. A TES￿ptiOn of ca￿tal cwd1tL￿ alxj [c￿[[Cla d￿[￿8th¢ i￿]u(kd a ￿1{ of the th"sabled toilet and reFAacernentsof r(Kxn fIred￿[S s￿1 a wagr rAunp. Agaiffj 48Yo of ROY￿ PA)rough. It grntifj'ing thai abletomeet ttoJt8lXti8s7th& sh"8bdy Ir￿reaSing ourc&dL t￿ye The¢vming}'¢ars easy. (Ar￿1]eY of k(x¥ing allployee p)." ahead of the knarnum Wag¢ has a l(P/o inuease TD salaries. w¢U-thr¥vJ bjt coalv. can exF￿l further wificgll I￿￿&￿1￿CnugY andllM1ntena￿CCo￿ Wc hair 8lsotten infom]al tha{ll￿ C¢ntre'seltxn"c81 infran￿tUre will te a majtr CA￿￿1 exFw. We ￿111 do Ml)at c&n to w>w our ine(me have a]rc2dy MOV￿ lo bir yield]ng ethi.cal fuTrJ& To to attrdrt morebirers ThE8re impoving(xJrim.ltnewe￿j% 8nd (thr cb8nnels of )Mm￿lI￿4ti0￿ Ew.esfr(yn￿tenti￿l kn"8b iKrt r¢strida￿of TnLs1eeS￿ the 24tb Aug￿< 2023 and sig[￿￿ its E¢haif. (3)

ITYC EPORT OF TEES O REE ltyrtl￿thea¢c0￿llts of th¢ Tnwt fDrthe ye4rema￿ 31 Mardj 2023 whi¢b ateset Ntorlpap 5 to 14. The cbarity's ￿￿¢¢4￿￿1]S1￿ that m aJdit is Dot r4UÉTrd ftrthis ytwund¢r s¢ction 144(2) of the Cb•riti¢5 Art2011 (the 2011 Act) aud thai ¥JJ ind¢p¢D¢knt exAminatiott is tteed£L The Ctiaritys yo8$ ittCOn￿ w45 £19L239 (2022..£165N18) 4ud l qua]ified to und¢rt&ke the eXa￿tt￿On by a qualifi&l of Th¢ JDStityt¢ of awtuaA¢c4)untBnts In ED8lattd & WaJe& It 15 w r¢gponsibilityto'. ¢Katthethe xcJJntswDd£rs#tion 145 ofth¢2011 A foltowth¢procdurEs laid dovrnillth¢G¢nerAIDltettioJJs givtllbyth¢ CI4rity Cotnmiwco ulldeJst¢li 14515)0)) ofth¢2011 A4 dnd st&tewhetb¥parti¢ularnkn have cometomy attelltio Blsls oflndtpendent eLfjtht￿S itatement My Lgatrthttation was cwriryi ollt itt a¢cordantt with GoeThl Dtrtttions by the Charity CotThni56ion¢¥s. An exgmitsation illcllldcé a review of the accow)tin8rxoKd&keptbythe cbarity alld •¢¢)mpaTiSOD ofthc a¢cJ in all audi4 and mollently tto opinion 15 givm &4 to whethu the accounts pwttt È 'true and frrirviNv" 2nd theTCp￿ is iuJJit•lto those1￿tter$ set outinth¢ stalND¢ntbEiow. hich Bives mereasotyble ￿￿￿￿tobe1]rVEthal ill arymatuial r* therty4uirthMJ¢g'. to keepacCo￿trngrX{￿d8 arek4)tiD 8ccordanc¢with o￿tIon 130 of the 2011 Ac( Hnd ofthe2011 Act havenotbeen * Dr to b¢ re0th￿, berSel]ars M•mb¢Tof The lknidthtt •f Cb•rterwJ AccountaDtsID Ell￿￿￿d Grey and Grten Ltd. Ckartered Accoulll8Kts 4 Cordwallls str¢¢¢ Maldenb#4B¢Tkg Stkn 7BE Jb21 (4)

COX GREEN COMMUNITY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2023

Incoming resources
Voluntary Income
Activities for generating funds
Investment income
Income from charitable activities
Other incoming resources
Total incoming resources
Resources expended
Costs of activities for generating
funds
Costs of charitable activities
Governance costs
Total resources expended
Net incoming/(outgoing) resources
before transfers
Transfers between funds
Gain/(loss) on revaluation of
investments
Balance brought forward at
1st April 2022
Balance carried forward at
31st March 2023		 Notes
7
8
9
10,12
12
13
14,15		 Unrestricted
Funds
£
1,054
10,968
2,016
40,924
0
54,962
8,468
31,673
1,500
41,641
13,321
-1,195
-1,447
228,020
238,699		 Restricted
Funds
£
18,833
0
0
117,444
0
136,277
2,210
139,111
0
141,321
-5,044
1,195
0
107,408
103,559		 2023
Total
£
19,887
10,968
2,016
158,368
0
191,239
10,678
170,784
1,500
182,962
8,277
0
-1,447
335,428
342,258		 2022
Total
£
16,269
4,123
362
144,264
0
165,018
6,028
163,119
1,500
170,647
-5,629
0
-877
341,934
335,428

There were no gains or losses other than the result for the year which relates entirely to continuing operations.

(5)

COX GREEN CO CE AT 31st MARCH 2023 20 Fixed Axs¢ts Tangible A￿ts I￿￿Es￿nents Notes 133.918 26.018 159.936 137.136 12.206 149.342 Curmit A Stocks Trnde DebtOT5 (fj5 786 5,586 1.612 185.435 3.058 1.215 197J71 Other Ikbtors Cath on tkp)sit Cash at Bank Cash in Ha￿1 1.7 194,686 553 204257 Creditors '. amoutlt f&lling Mrythin one year Net Current Ass¢ts T ASSET -15.249 18.171 182J22 342.258 186.086 335,428 UnrTs¢ricted Bala￿e at 1st Apn"12022 Net Resetvc (tkficilyswpl￿ 228.020 10,679 222.465 5.555 23&699 22&020 Restrkted Fuhds Spccifi¢d Reserkrs Fixed A￿t Repla¢¢mEnt Reserv¢ 97J09 6,250 101.158 6.250 103 J59 107.408 TOTA 3422i8 335,428 The notes ¢)n pa8es 9 ￿ 14 lorm pllrt of tlsc Fir1￿la1 Sthlellrrtt& The Financial St&teEuents were awy¢￿ by the Tr￿￿eS on 24thAu8usI 2023 and $w￿d ¢)n their b¢ha]f. B.l.R. Adams Ch&innan of the Ttustees (6)

COX GREEN COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2023

ACCOUNTING POLICIES

Basis of Preparation of the Financial Statements

These Financial Statements have been prepared under the Historical Cost Convention and in accordance with applicable accounting standards and the Statement of Recommended Practice : Accounting and Reporting by Charities (revised 2005).

The Charity has taken advantage of the exemption allowed by FRS 1 from the requirement to produce a cash flow statement on the grounds that it qualifies as a small entity.

Tangible Fixed Assets and Depreciation

The Charity does not capitalise sundry equipment costing less than £500.

Provision for depreciation of Fixed Assets held for use by the Charity is made at annual rates calculated to spread the cost of each asset over its expected useful life. The depreciation rates currently in use vary between 2% for the principal buildings and 36% for equipment on a straight line basis.

Income and Expenditure

Income and Expenditure for the year is recognised under the accruals basis.

Allocation of Management, Administration and Facilities Costs

All non-specific overheads are apportioned between Costs of Fund Generating Activities and Costs of Charitable Activities. Management and Administration Costs are apportioned on the basis of estimated time employed by the relevant staff. Facilities Costs are apportioned on the basis of actual or notional Hall Hire charges. The amounts are shown in Notes 16 and 17.

Leases

Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to the Income and Expenditure Account as incurred.

Funds

Unrestricted Funds are available for use at the discretion of the Trustees. Restricted funds are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes.

Stocks

Stocks are valued at the lower of cost and net realisable value, using the first-in first-out basis.

(7)

COX GREEN COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2023

ACCOUNTING POLICIES (CONTINUED)

Investments

Investments held at the balance sheet date are shown under the heading of Fixed Assets and have been stated at Market Value at the Balance Sheet Date.

(8)

COX GREEN COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023

2. FIXED

ASSETS

Cost
At 1st April 2022
Additions
Disposals
At 31st March 2023
Depreciation
At 1st April 2022
Disposals
Charge 2022/3
At 31st March 2023
Net Book Value
At 1st April 2022
At 31st March 2023		 Leasehold
Buildings
£
318,011
0
0
318,011
209,667
0
7,388
217,055
108,344
100,956		 Office
Equipment
£
6,058
0
608
5,450
5,490
608
568
5,450
568
0		 Furn., Fittgs
& Equipmnt
£
158,975
11,093
4,016
166,052
130,751
4,016
6,355
133,090
28,224
32,962		 Total
£
483,044
11,093
4,624
489,513
345,908
4,624
14,311
355,595
137,136
133,918

3. INVESTMENTS

2023 2022
Valuation £ £
CAF Bond Income Fund 0 5,448
COIF Charities Deposit Fund 20,000
Charinco Common Investment Fund 6,018 6,758
26,018 12,206
In the opinion of the Trustees the above figures represented the market valuations of the abo
at 31st March 2023.
The investments are held within the United Kingdom.
4. STOCK 2023 2022
£ £
Stock held for resale 665 786
5. DEBTORS
(Due in the next financial year)
Trade Debtors 5,586 4,446
VAT 0 0
Prepayments 1,612 1,790
7,198 6,236

In the opinion of the Trustees the above figures represented the market valuations of the above investments as at 31st March 2023.

(9)

COX GREEN COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023

6. CREDITORS 2023 2022
Amounts falling due within one year £ £
Trade Creditors 766 1,809
VAT 1,917 2,062
Deposits held 1,300 2,500
RBWM 6,015 2,660
Other Creditors 1,814 2,133
Accruals 3,436 7,007
15,248 18,171
Unrestricted Restricted 2023 2022
7. VOLUNTARY INCOME Funds Funds Total Total
Royal Borough of Windsor & Maidenhead : £ £ £ £
Premises Cost Contribution 0 10,056 10,056 6,573
Capital Equipment 0 4,527 4,527 2,600
HMG
Covid Furlough Scheme 0 0 0 4,218
Church of the Good Shepherd
Covid Support Donation 0 0 0 581
Cox Green Community Association:
Summer Camp 0 500 500 0
Inflation Support Donation 1,000 0 1,000 0
Cox Green Parish Council:
Summer Camp 0 2,500 2,500 2,000
Donations from individuals 54 0 54 46
Donations from other charities 0 1,250 1,250 250
1,054 18,833 19,887 16,268
8. ACTIVITIES FOR GENERATING FUNDS
Bar Sales 5,275 0 5,275 1,723
Hall Hire to Non-local Users 3,105 0 3,105 1,209
Other Fundraising Activities 2,587 0 2,587 1,191
10,968 0 10,968 4,123
9. INVESTMENT INCOME £ £ £ £
CAF Bond Income Fund 154 0 154 162
Charinco Common Investment Fund 239 0 239 138
Bank Interest 1,623 0 1,623 62
2,016 0 2,016 362

(10)

COX GREEN COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023

10. INCOME FROM CHARITABLE
Unrestricted
ACTIVITIES
Funds
Centre Subscriptions
951
Entry Fees and Sundry Income :
Summer Camp
0
Pre-School
0
Hire of Facilities to Local Users :
Rooms to the Church of the Good Shepherd
3,095
Rooms to other Users
36,878
40,924
11. OTHER INCOMING RESOURCES
Profit on Disposal of Assets
0
12. CHARITABLE INCOME BY ACTIVITY
Subscriptions
951
Hire of Facilities
39,973
Summer Camp
0
Pre-School
0
40,924
13. COSTS OF FUND GENERATING
ACTIVITIES
Bars :
Cost of Sales
2,037
Wages & Salaries
825
Depreciation
50
Other Direct Costs
165
Allocated Costs (See Note 16)
2,678
Total Bar Costs
5,755
Hall Hire Allocated Costs (See Note 17)
2,713
Advertising and Publicity
0
8,468		 10. INCOME FROM CHARITABLE
Unrestricted
ACTIVITIES
Funds
Centre Subscriptions
951
Entry Fees and Sundry Income :
Summer Camp
0
Pre-School
0
Hire of Facilities to Local Users :
Rooms to the Church of the Good Shepherd
3,095
Rooms to other Users
36,878
40,924
11. OTHER INCOMING RESOURCES
Profit on Disposal of Assets
0
12. CHARITABLE INCOME BY ACTIVITY
Subscriptions
951
Hire of Facilities
39,973
Summer Camp
0
Pre-School
0
40,924
13. COSTS OF FUND GENERATING
ACTIVITIES
Bars :
Cost of Sales
2,037
Wages & Salaries
825
Depreciation
50
Other Direct Costs
165
Allocated Costs (See Note 16)
2,678
Total Bar Costs
5,755
Hall Hire Allocated Costs (See Note 17)
2,713
Advertising and Publicity
0
8,468		 Restricted
Funds
0
5,622
111,822
0
0
117,444
0
0
0
5,622
111,822
117,444
0
0
0
0
43
43
973
1,194
2,210		 2023
Total
951
5,622
111,822
3,095
36,878
158,368
0
951
39,973
5,622
111,822
158,368
2,037
825
50
165
2,721
5,798
3,686
1,194
10,678		 2022
Total
760
2,838
108,903
1,761
30,002
144,264
0
760
31,763
2,838
108,903
Subscriptions
Hire of Facilities
Summer Camp
Pre-School
13. COSTS OF FUND GENERATING
ACTIVITIES
Bars :
Cost of Sales
Wages & Salaries
Depreciation
Other Direct Costs
Allocated Costs (See Note 16)
Total Bar Costs
Hall Hire Allocated Costs (See Note 17)
Advertising and Publicity
144,264
763
123
50
180
2,597
3,713
1,431
883
6,027

(11)

COX GREEN COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023

Unrestricted
Funds
14. COSTS OF CHARITABLE ACTIVITIES
£
Wages and Salaries
0
Training
0
Materials and Consumables
0
Repairs and Equipment
0
Insurance
0
Activities and Sundries
0
Depreciation
0
Allocated Costs (See Notes 16 & 17) :
Management and Administration
0
Facilities
31,673
31,673
15. CHARITABLE COSTS BY ACTIVITY
Hire of Facilities
31,674
Summer Camp
0
Pre-School
0
31,674
16. ALLOCATED COSTS : MANAGEMENT
AND ADMINISTRATION
Wages and Salaries
Postage, Stationery, Telephones and Copying
Depreciation
Other Costs
Allocated to :
Summer Camp
Pre-School
Total Charitable Costs
Bars
Facilities		 Restricted
Funds
£
93,129
241
2,668
864
597
3,025
984
6,348
31,255
139,111
16,236
9,143
113,731
139,110		 2023
Total
£
93,129
241
2,668
864
597
3,025
984
6,348
62,928
170,784
47,910
9,143
113,731
170,784
32,429
968
569
2,309
36,275
892
5,925
6,818
2,678
26,779
36,275		 2022
Total
£
95,002
795
2,110
581
590
1,257
706
6,059
56,019
163,120
41,247
5,377
116,495
163,119
31,309
924
683
1,708
34,624
848
5,774
6,622
2,546
25,456
34,624

Management and Administration Costs are allocated on the estimated time spent by Management and Administrative Staff on the Centre's various activities.

(12)

COX GREEN COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023

17. ALLOCATED COSTS : FACILITIES
17. ALLOCATED COSTS : FACILITIES
Wages and Salaries
Materials and Consumables
Repairs and Equipment
Rent and Rates
Lighting and Heating
Insurance
Depreciation
Other Costs
Allocated Management and Admin Costs
Allocated to :
Fund Generating Activities :
Hall Hire to non-Local Users
Restricted Reserves
Charitable Activities :
Hall Hire to Local Users
Pre School
Summer Camp
Sub-total Charitable Activities		 2023
Total
£
1,870
1,522
7,652
1,563
11,531
2,033
12,709
528
27,206
66,615
3,686
4,872
43,037
13,258
1,762
58,057
66,615		 2022
Total
£
1,760
1,699
5,544
1,005
5,966
2,026
13,325
159
25,968
57,451
1,431
4,782
36,466
13,376
1,397
51,239
57,452

Facilities Costs are allocated on the basis of Hall Hire Charges at the Centre's published rates.

(13)

COX GREEN COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

18. WAGES AND SALARIES

The average numbers of employees during the year, expressed in full-time equivalents working a 37 hour week was 5.8 (2021/22 : 5.7). No employee received remuneration amounting to more than £50,000 in either year.

Their wages and salaries and other costs were as follows :
Wages and Salaries
Social Security Costs
Pensions		 2023
£
125,581
1,215
1,455
128,251		 2022
£
124,683
2,007
1,502
128,193

No remuneration was paid to the Trustees during the year (2022 : £Nil), nor were any Trustees’ expenses reimbursed (2022 : £Nil). Liability insurance amounted to £519 (2022 : £509).

19. CONTINGENT LIABILITIES

There were no material contingent liabilities at 31st March 2023.

20. FINANCIAL COMMITMENTS

At 31[st] March 2023 the Charity had no commitments under non-cancellable leases (2022: Nil).

21. RELATED PARTIES

Membership of the Board of Trustees and the voting power of those members is split equally between the Cox Green Community Association, the Diocese of Oxford (through the Church of the Good Shepherd), and the Royal Borough, and these parties could be deemed to be in a position to exercise significant influence over the Centre’s affairs. Income received from these parties is disclosed under notes 7 and 10, and the amounts owed to the Royal Borough at 31st March, 2023 are shown in note 6. There were no other significant transactions between the Centre and these parties.

(14)