Charity registration number: 280552
Halstead Day Centre
Annual Report and Financial Statements for the Year Ended 31 March 2022
Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB
Halstead Day Centre
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Statement of Trustees' Responsibilities | 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 18 |
Halstead Day Centre
Reference and Administrative Details
Patron The Lady Patricia Newton of Braintree Chairman Mrs D E Lodge M.B.E. JP Trustees Mrs D E Lodge M.B.E. JP Mrs J A Pell Dr A J F Symington MA, MB, Bchir, FRC, GP Mr T N Wright FP Mrs H W Catley Senior Management / Leadership Mrs D E Lodge M.B.E. JP, Chairman Team Mrs J Pell, Trustee Dr A J F Symington MA, MB, Bchir, FRC, GP, Trustee and Medical Services Representative Mrs V Harman, Chief Executive Officer and Centre Manager Mr P Amos, Administrator Mrs F Fearn, Care Co-ordinator Mr T Wright FP, Trustee Day Centre Committee Mrs V Harman, Centre Manager Mrs F Fearn, Care Co-ordinator Mr P Amos, Administrator Mr K Bradford, Members Representative Mrs T Jones, Members Representative Principal Office 40 Bridge Street Halstead Essex CO9 1HT Charity Registration Number 280552 Bankers CAF Bank 25 Kings Hill Avenue West Malling Kent ME19 4JQ Financial Advisers Oakfield Financial Services Oakfield House, 11 Century Drive Braintree Essex CM77 8YG Independent Examiner L Greenwood FCCA Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB
Page 1
Halstead Day Centre
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2022.
Objectives and activities
Objects and aims
Objectives of the Centre
The purpose of the Centre is to provide, in a caring environment, stimulation and support to enable older people who are isolated, to remain living in their own homes for as long as possible.
Membership
The membership is limited to 20 each day. Whilst the premises could accommodate more people, due to the number of people attending who use wheelchairs or walking frames, the average number of people accommodated without congestion is 16. Referrals for membership are made by social workers, medical practitioners, other welfare bodies and individuals.
The Centre Activities and Services
The Centre commenced its operations in 1978 on one day a week in borrowed premises and with loaned transport facilities. Until November 2018, the Centre opened on five days a week. At that time, due to an unusually high number of deaths amongst members, or them going into full time care, the Trustees considered it uneconomical to open for five days a week. Having obtained the agreement of all staff members to reduce their hours accordingly, the decision was therefore taken to reduce the opening times, initially to four days a week and thereafter as necessary, until such time as additional members could be obtained. The Centre is actively recruiting new members with the intention of increasing to five days a week again.
The Centre has its own premises which were acquired in 1998 and converted for use by the Centre with the assistance of a grant from the National Lottery Charities Board. The main recreation area on the ground floor has been fitted with a hearing loop system. The Centre also owns two tail-lift ambulances used for transporting members to and from the Centre and taking them out on trips and visits. Services provided by the Centre include an escorted shopping service which runs whenever required. This is well used and appreciated by the members who would otherwise need to rely upon someone else to do their shopping for them. The ability to select their own items gives a sense of independence and well-being as it allows them to make their own choices.
The Centre has a bathroom, which contains a Parker Bath, enabling anyone who wishes to bathe with dignity, enhancing their personal hygiene and enabling them to enjoy the relaxation of bathing. There is also the added advantage of staff being able to monitor any changes in the well-being of a member. The Centre also has a shower room for those who would prefer to use this facility.
A chiropodist visits the Centre on a regular basis. Members pay the Service Provider but the fees are at a discounted rate. The Centre also operates a service whereby members can be escorted to a local hairdressers. Transport is made available when a member's appointment with a doctor falls on a day when they are at the Centre. There are a number of recreational activities including pool, darts and short mat bowls available in a large recreation area on the first floor which is accessible by either a staircase or a lift.
The Centre owns a purpose-built hut in Brightlingsea and, weather permitting, all members are offered at least two trips to this during the summer. Use of the hut is also made available to other organisations working with older people.
Page 2
Halstead Day Centre
Trustees' Report (continued)
Objectives, strategies and activities
In the first few months of the new financial year, the effects of the pandemic continued to disrupt the day-to-day running of the Day Centre. Although we reopened in mid-April the number of members attending remained low, as many members either could not attend or did not feel safe in doing so.
As a result the decision was taken in Autumn 2021 to further reduce our opening days, to three per week on a temporary basis, so as to increase the daily number of people attending on those days, and also to minimise the reduction in staff salaries resulting from the cessation of the furlough scheme. This has been successful, and also coincided with a healthy upturn in numbers attending.
Despite the slow restart, the Centre continued to make provision of Day Facilities to the older people of Halstead and surrounding villages, and although a few logistical problems persisted we still deliver a high standard of service to our members.
We benefited greatly from grants and donations from Charitable Trusts such as the Round Table and local Masonic Lodges, and Halstead Rotarians created a global giving fundraising page for the Day Centre and a substantial amount of money was raised. Our main aims are still the same as they have always been, that is to provide a service that reduces isolation and loneliness and enables older people to connect with other people of the same generation, and to provide adequate support to lead a supported life in their own homes if they wish.
Our ambulances have been maintained to a high standard to ensure the comfort and safety of our members, which is paramount. Staff training is ongoing, meeting above the statutory requirements. The annual plant sale proved to be very successful by way of fundraising and involvement in the community, many thanks to Mrs Lodge who worked tirelessly to grow and help sell the plants. All the members enjoyed their Christmas dinners during Christmas week. We still made available trips to our Beach Hut in Brightlingsea for those who felt able to make the journey.
With the Centre having largely overcome the uncertainty caused by the pandemic, and continuing to enjoy a prominent local profile, we feel positive about the future.
Public benefit
The Charity has, during the year, run a Day Centre, within the Halstead area.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
Policy on reserves
The Trustees have set an objective of cash reserves as at the end of each financial year, which would cover at least six months costs of running the Centre. Given the reduction in statutory funding available to charities, the Trustees consider that this level of reserves would be prudent. The available unrestricted reserves as at 31 March 2022 are £16,953 (2021: £41,764).
Page 3
Halstead Day Centre
Trustees' Report (continued)
Plans for future periods
Activities planned to achieve aims
The Day Centre aims to continue to provide a diverse range of activities that suit personal and group needs, including activities that promote mental and physical well-being. Our main focuses are still to reduce isolation and increase interaction for our members who are facing the same issues due to being isolated in their communities.
Annual trips to our beach hut will take place when possible in the summer months. For most of our members, the opportunity to have a day at the seaside would be non-existent without this facility.
We aim to continue doing local fund-raising activities including the annual Plant Sale, and hopefully be able to resume our Bazaar and coffee mornings. Local organisations have pledged support for the coming year.
We plan to have our members Christmas party, with a return of our regular visiting entertainers.
Our thanks again go out to grant-giving organisations and those involved in the local fund-raising events, who we hope will continue to support our work.
We will continue to encourage volunteer opportunities for the public.
We will prioritise continuing to actively encouraging new members to the Centre over the coming year, with the intention of restoring attendance levels towards those previously experienced as soon as possible. This will result in the Day Centre being able to increase its operating hours back towards their former levels.
Structure, governance and management
Nature of governing document
The Centre is managed and run in accordance with its constitution which has been lodged with the Charity Commission.
Recruitment and appointment of trustees
Where it is considered desirable to appoint an additional Trustee, volunteers are sought from within the local community. The CV of any person volunteering is reviewed to ascertain if their appointment will bring additional skills to the Board of Trustees and the potential Trustee is provided with financial and operational information regarding the Centre. They are interviewed by at least two existing Trustees.
Induction and training of trustees
Any person appointed is given opportunities to see the Centre in operation and is encouraged to refer to the Charity Commission website to ensure that they fully understand the role of a Trustee prior to accepting the appointment.
The Centre maintains Directors and Officers Insurance for the benefit of Trustees.
Organisational structure
The Trustees are responsible for the overall direction of the Centre and the employment of staff. The day to day management of the Centre is the responsibility of the Centre Manager with the support and guidance of the Management Committee. The Day Centre Committee provides a forum for all those concerned with the Centre, whether as volunteer helpers, drivers or members, to discuss matters of day to day importance to them.
Page 4
Halstead Day Centre
Trustees' Report (continued)
Employee involvement
As at 31 March 2022, the Centre employed 7 part-time staff. It has had the ability to call on one person who was prepared to work part-time as and when required to cover holiday absences, etc. The Manager is qualified to NVQ Level 5 in Health and Social Care and holds a Diploma in Business Studies and Administration, The Care Co-Ordinator is qualified to Level 3 and holds a Diploma in Customer Service. All Care Staff are qualified to Level 2 or higher. Drivers are MIDAS trained. The Manager and all Care Staff are qualified in First Aid and Moving and Handling and have received training in dementia awareness. The Manager and two staff members hold Health and Safety qualifications.
Details of employment costs are shown in note 10.
The Centre has 9 volunteers, who work for varying days and periods of time and whose contribution is so important to the smooth running of the Centre. Volunteers are offered training and encouraged to obtain qualifications appropriate to the tasks which they carry out.
All staff and volunteers are subject to clearance by the DBS Scheme as recommended in respect of those working with vulnerable older people.
The annual report was approved by the trustees of the charity on 30 January 2023 and signed on its behalf by:
.........................................
Mrs D E Lodge M.B.E. JP Chairman and trustee
Page 5
Halstead Day Centre
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 30 January 2023 and signed on its behalf by:
......................................... Mrs D E Lodge M.B.E. JP Chairman and Trustee
Page 6
Halstead Day Centre
Independent Examiner's Report to the trustees of Halstead Day Centre
I report to the trustees on my examination of the accounts of Halstead Day Centre for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of Halstead Day Centre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Halstead Day Centre'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 examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of Halstead Day Centre as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting 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.
...................................... Lisa Greenwood FCCA
Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB
30 January 2023
Page 7
Halstead Day Centre
Statement of Financial Activities for the Year Ended 31 March 2022
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other income 6 Total income Expenditure on: Charitable activities 7 Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted funds £ 25,903 50,801 700 4 917 78,325 (103,136) (103,136) (24,811) (24,811) 41,764 16,953 |
Restricted funds £ 21,508 - - - - 21,508 (31,019) (31,019) (9,511) (9,511) 52,698 43,187 |
Total 2022 £ 47,411 50,801 700 4 917 99,833 (134,155) (134,155) (34,322) (34,322) 94,462 60,140 |
Total 2021 £ 62,434 70,899 820 16 442 |
|---|---|---|---|---|
| 134,611 | ||||
| (129,272) | ||||
| (129,272) | ||||
| 5,339 | ||||
| 5,339 89,123 |
||||
| 94,462 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 16.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 8
Halstead Day Centre
(Registration number: 280552) Balance Sheet as at 31 March 2022
| Note Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: Amounts falling due within one year 15 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds 16 Unrestricted income funds Unrestricted funds Total funds 16 |
2022 £ 34,889 8,812 19,473 28,285 (3,034) 25,251 60,140 43,187 16,953 60,140 |
2021 £ 50,430 1,239 47,279 |
|---|---|---|
| 48,518 (4,486) |
||
| 44,032 | ||
| 94,462 | ||
| 52,698 41,764 |
||
| 94,462 |
The financial statements on pages 8 to 18 were approved by the trustees, and authorised for issue on
30 January 2023 and signed on their behalf by:
......................................... Mrs D E Lodge M.B.E. JP Chairman and trustee
The notes on pages 10 to 18 form an integral part of these financial statements. Page 9
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Halstead Day Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
The trustees are hoping to return to attendance levels previously experienced as soon as possible.
Judgements
Apart from those judgements involving estimations, the management team have not made any judgements in the process of applying the entity’s accounting policies that have significant effect on the amounts recognised in the accounts.
Key sources of estimation uncertainty
There are no key assumptions concerning the future or other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Other trading activities
Income from fundraising activities is recognised when it is received by the charity.
Investment income
Investment income includes interest received in the charity bank accounts and is recognised on a received basis.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 10
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
Charitable activities
Income from charitable activities includes the income derived from the Charity's main activities, including income from subscriptions and members lunches, and is recognised when receivable.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
These costs represent those that are directly attributable to the achievement of the Charity's objectives. They include the employment costs of care staff, the costs of running ambulances, premises costs and other costs associated with the running of the Centre for the benefit of members.
Support costs
Support costs include those administration costs that assist the work of the Charity but do not directly represent charitable activities. They include administrative costs, including employment costs, office costs and publicity. They are incurred directly in support of expenditure on the objects of the Charity.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements.
Tangible fixed assets
Individual fixed assets costing £100.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Freehold Buildings | 25 years |
| Land | no depreciation charged |
| Ambulances | 5 years |
| Beach Hut | 5 years |
| Furniture and Equipment | 5 years |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and amounts held in the bank account.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 11
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
2 Income from donations and legacies
| Grants, including capital grants; Grants and donations |
Unrestricted funds General £ 25,903 25,903 |
Restricted funds £ 21,508 21,508 |
Total 2022 £ 47,411 47,411 |
Total 2021 £ 62,434 |
|---|---|---|---|---|
| 62,434 |
3 Income from charitable activities
| Unrestricted funds General £ CJRS grant income 16,785 Members subscriptions 31,882 Members lunches 2,134 50,801 4 Income from other trading activities Unrestricted funds General £ Events income; Other events income 700 700 |
Restricted funds £ - - - - Restricted funds £ - - |
Total 2022 £ 16,785 31,882 2,134 50,801 Total 2021 £ 700 700 |
Total 2021 £ 56,668 13,692 539 |
|---|---|---|---|
| 70,899 | |||
| Total 2021 £ 820 |
|||
| 820 |
The notes on pages 10 to 18 form an integral part of these financial statements. Page 12
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
5 Investment income
| Interest receivable and similar income; Interest receivable on bank deposits 6 Other income Fuel rebate Other income |
Unrestricted funds General £ 4 Unrestricted funds General £ 817 100 917 |
Restricted funds £ - Restricted funds £ - - - |
Total 2022 £ 4 Total 2022 £ 817 100 917 |
Total 2021 £ 16 |
|---|---|---|---|---|
| Total 2021 £ 442 - |
||||
| 442 |
7 Expenditure on charitable activities
| Note Ambulance running costs Transport costs Premises costs Equipment repairs and renewals Lunches and refreshments Depreciation of freehold property Depreciation of furniture and equipment Depreciation of fixtures and fittings Depreciation of equipment Sundry expenses Beach hut costs Salaries and employment costs Administration costs (incl. admin wages) Governance costs 8 |
Unrestricted funds General £ 4,063 480 9,512 822 2,072 - - - - 95 - 48,498 35,830 1,764 103,136 |
Restricted funds £ 1,862 - - - 300 15,350 - 145 46 - 816 12,500 - - 31,019 |
Total 2022 £ 5,925 480 9,512 822 2,372 15,350 - 145 46 95 816 60,998 35,830 1,764 134,155 |
Total 2021 £ 3,658 480 6,223 547 - 15,350 13 - 46 73 802 63,923 36,867 1,290 |
|---|---|---|---|---|
| 129,272 |
The notes on pages 10 to 18 form an integral part of these financial statements. Page 13
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
8 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements |
Unrestricted funds General £ 1,764 1,764 |
Total 2022 £ 1,764 1,764 |
Total 2021 £ 1,290 |
|---|---|---|---|
| 1,290 |
9 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
10 Staff costs
The aggregate payroll costs were as follows:
| Wages and salaries Social security Defined contribution pension costs |
2021 £ 95,050 646 1,538 97,234 |
2020 £ 88,673 943 1,434 91,050 |
|---|---|---|
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
| Charitable activities Management Full time equivalents (FTE) Charitable activities Management |
2022 No 5 2 7 2021 3.86 1.20 5.06 |
2021 No 5 2 |
|---|---|---|
| 7 | ||
| 2020 3.86 1.20 5.06 |
The notes on pages 10 to 18 form an integral part of these financial statements. Page 14
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
In addition to the paid employees, the Centre had 9 volunteers during the year (2021: 9 volunteers) who worked for various periods.
3 (2021 - 3) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60,000 during the year
The total employee benefits of the key management personnel of the charity were £49,128 (2021 - £51,586). The Charity considers its key management personnel to comprise the Centre Manager, the Care Co-ordinator and the Administrator.
11 Independent examiner's remuneration
| 11 Independent examiner's remuneration | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Examination of the financial statements | 1,764 | 1,290 |
12 Taxation
The charity is a registered charity and is therefore generally exempt from taxation.
13 Tangible fixed assets
| Cost At 1 April 2021 At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 |
Land and buildings £ 398,748 398,748 348,978 15,350 364,328 34,420 49,770 |
Furniture and equipment £ 18,849 18,849 18,281 145 18,426 423 568 |
Ambulance Fund £ 68,502 68,502 68,502 - 68,502 - - |
Beach Hut £ 2,785 2,785 2,785 - 2,785 - - |
Equipment Fund £ 230 230 138 46 184 46 92 |
Total £ 489,114 |
|---|---|---|---|---|---|---|
| 489,114 | ||||||
| 438,684 15,541 |
||||||
| 454,225 | ||||||
| 34,889 | ||||||
| 50,430 |
The value of land and buildings includes £15,000 of freehold land - this is the land upon which the premises stands and does not therefore form a separate saleable asset.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 15
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
14 Debtors
| Prepayments Accrued income 15 Creditors: amounts falling due within one year Trade creditors Other taxation and social security Other creditors Accruals |
2022 £ 1,312 7,500 8,812 2022 £ 223 753 13 2,045 3,034 |
2021 £ 1,239 - |
|---|---|---|
| 1,239 | ||
| 2021 £ 1,170 1,634 - 1,682 |
||
| 4,486 |
16 Funds
| Unrestricted funds General General Fund Restricted funds Restricted Revenue Funds Freehold Premises Fund Equipment Fund Total restricted funds Total funds |
Balance at 1 April 2021 £ 41,764 2,268 49,770 660 52,698 94,462 |
Incoming resources £ 78,325 21,508 - - 21,508 99,833 |
Resources expended £ (103,136) (15,478) (15,350) (191) (31,019) (134,155) |
Transfers £ - - - - - - |
Balance at 31 March 2022 £ 16,953 8,298 34,420 469 |
|---|---|---|---|---|---|
| 43,187 | |||||
| 60,140 |
The notes on pages 10 to 18 form an integral part of these financial statements. Page 16
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
| Unrestricted funds General General Fund Restricted Restricted Revenue Funds Freehold Premises Fund Equipment Fund Total restricted funds Total funds |
Balance at 1 April 2020 £ 7,796 15,500 65,120 707 81,327 89,123 |
Incoming resources £ 117,103 17,508 - - 17,508 134,611 |
Resources expended £ (83,067) (30,809) (15,350) (46) (46,205) (129,272) |
Transfers £ (68) 69 - (1) 68 - |
Balance at 31 March 2021 £ 41,764 2,268 49,770 660 |
|---|---|---|---|---|---|
| 52,698 | |||||
| 94,462 |
The specific purposes for which the funds are to be applied are as follows:
Unrestricted Fund - This fund can be utilised for any purpose which the Trustees consider to be required in the furtherance of the object of the Charity.
Restricted Revenue Fund - This fund is used to hold money received in grants and donations where the donor or grantee has placed a restriction on the type of cost against which their contribution may be used.
The restricted revenue reserve fund balances as at 31 March 2022 are made up of the following amounts:
-
Essex Community Foundation £7,500 - this money is due to be received following the year end and has been recognised as it meets the income criteria. The money has been provided to the charity to assist with staff and transport costs.
-
Beach Hut Fund £798 - this fund assists with trips to the beach hut in Brightlingsea.
Capital Funds - the Equipment Fund, Ambulance Fund and Freehold Premises Fund are used to hold the written down capital value of the assets purchased with grants and donations made for the acquisition of these.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 17
Halstead Day Centre
Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)
17 Analysis of net assets between funds
| 17 Analysis of net assets between funds | |||
|---|---|---|---|
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ - 19,987 (3,034) 16,953 Unrestricted funds General £ - 46,250 (4,486) 41,764 |
Restricted funds £ 34,889 8,298 - 43,187 Restricted funds £ 50,430 2,268 - 52,698 |
Total funds at 31 March 2022 £ 34,889 28,285 (3,034) |
| 60,140 | |||
| Total funds at 31 March 2021 £ 50,430 48,518 (4,486) |
|||
| 94,462 |
18 Related party transactions
There were no related party transactions in the year.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 18