THE WYKEHAM CENTRE AND CHURCH HOUSE Registered charity, number 291485 Report of the trustees and receipts and payments accounts for the year ended 31 December 2023 Page Contents Trustees. annual report Independent examiner's report Receipts and payments accounts Statement of assets and liabilities Notes to the accounts
THE WYKEHAM CENTRE AND CHURCH HOUSE Registered tharity, number 291485 Trustees, annual report forthe year ended 31 December 2023 Full name THE WYKEHAM CENTRE AND CHURCH HOUSE Organisatlon type Other Registered charity number 291485 Principal addres5 Church House, Market Place. Romford. Essex, RM13AB Trustees Rev D J Simpson Alex Quinn - appointed 21105123. Lynne Trew - appointed (C[Opted) 13109123. Mr B Sallery- resigned 15101123. Mrs N Sharp ~ resigned 11104123. Mrs S Ryan- resigned 21105123. Independent examiner Kim Lee ACMA ATT, Mawney Accountancy, 1 Beech Street, Romford, Essex, RM7 7LA. Governance and management The charity ts controlled by its governing documenL a deed of trust and constitLrtes an unincorporated charity. The Wykeham centre and diurch house was established by a trust deed dated 10 July 1909, which has since been amended by a scheme sealed by order of the Charity Commissioners of England & Wales dated 20 June 2007. Appointment of trustees, induction. and training There has been an average of two trustees throughout the period. Any new appointments are at the recommendation of the board. The board meets on a regular basis to enact the running of the Charity. The Trustees are the incumbent of St Edwards Church Romford (while they are in-post) and the two Churchwardens. The Churchwardens are appointed at the Church APCM and serve for a maximum of Six years, their appointments being reconfimed every year at the APCM. All new trustees are given, in the view of the board, sufficient training and have enough knowledge of their specific field to understand the nature of the charity and fully comply with the charity's current views of its progression. Objectives and activities The objects of charity are that its property shall be held and used for the purpose of furthering the religious and other charitable work of the church of England in the ecclesiastical parish of Romford. This indudes the operation of Collier Row and Romford foodbanks. Public beneflt statement The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefrt, 'Charities and Public Benefif.
THE WYKEHAM CENTRE AND CHURCH HOUSE Registered charity. number 291485 Summary of the main achlevements during the year During 2023 the Charity hosted regular Junior Church and Toddler group meetings on behalf of St Edward's Church, and a regular youth group. The Wykeham Hall was used for few charity events as well as being hired out for private use. Church House was also hired out for use by organisations including a regular Ukrainian Community Cafe. Up until 20th September 2023, The Wykeham Centre and Church House ran The Collier Row & Romford Foodbank (part of the Trussell Trust network). hosting session5 three times a week in different locations (inctuding the Wykeham Hall). From 20th September 2023, the Trussell Trust franchise was transferred to Romford Baptist Church registered charity. The Wykeham Hall still hosts a foodbank session once a week under the new arrangement. During 2023 there has been an increase of 35°h in clients needing help. The charity is grateful for donations of tirne, goods and funds from individuals and organisations. Flnanclal Revlew Flnancial posltlon ExGluding the Foodbank funds the Gharity had overall net incoming resources of £58,356 before the transfer to St Edwards PCC, (2022 - £34,533). Monetary donations from the pijblic to the foodbank amounted to £26,507 (£20,236 in 2022). During 2023 the charity provided food parcels through the foodbank to 5,412 people, (2022 4,158). The charity is 'ndlY provided with the use of a hall at Romford Baptist Church and Ascension Church free of charge. Romford Baptist Church took over the Foodbank Franchise (as mentioned above) on 20th September 2023. A transfer is made from the restrtcted fund to the general fund. to contribute towards the cost of the Project Manager who runs the foodbank (for the period January to June inclusive). Reserves Pollcy The balance of general reserves at the end of the year was £41,929, {2022, £23,576). It is the trustee's policy to maintain reserves to finance the next two months expenditure. Signed on behalf of the charity's trustees: Signed Rev David Simpson, Trustee Date Zz
THE WYKEHAM CENTRE AND CHURCH HOUSE Registereil charity. number 291485 Independent examiner's report to the trustees for the year ended 31 December 2023 I report to the trustees on my examination of the accounts of The Wykeham Centre and Church House (the charity) for the year ended 31 December 2023. Responslbllities and basis of report As the trustees of the charity, 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 charitys accounts carrred out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the Act. Independènt examinerfs stat6ment I have Gompletecl my examination. I confirm that no matters have Gome to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in spect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no Goncerns 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. Signed Date 22 /9-Iz Kim Lee, ACMA, mip, Arr Mawney Accountancy 1 Beech Street Romford RM7 7LA
THE WYKEHAM CENTRE AND CHURCH HOUSE Registered charity. number 291485 RECEIPTS AND PAYMEKfs ACCOUNr for the Year ended 31 December 2023 2023 Totsl nds 2022 Total nds Unrestrictrd R•s*lttsd fund fvnd Notss RECEIPTS Charkable actlvities D(ationS Gift aid on donations Grants Other charttable inwme 26,&J7 1,209 8.2 26,507 1.209 8.250 714 36.680 20,236 1.086 714 714 100 27.422 35,966 other trading octlvities Lettings inc¥Jrne Car park fees Deposit account interest 88,257 215 11 88,483 88,257 215 11 88,483 73,357 2.959 76,319 TOTAL ReCPT8 89.197 35.966 125 163 PAYMENTS Charitable activhl•s Donations to related party Foodbank expenditure Insurance Electrluty, gas & water Repairs & maintenace Cleaning & waste disposal Independent examination Legal fees Administration Sundry costs 103,741 47.8( 47,800 7.079 3.710 12.015 10,289 3,627 350 35 164 47,300 5.931 3,370 8.200 18,707 10,526 821 35 95 132 95,117 7,079 3,710 12.015 10,289 3.627 350 35 164 298 78,288 7,079 Crther Trading activltles Coffee shop expenditura Car park 85,366 353 353 353 546 546 353 oth•r Payment¥ Foodbank funds ptgd to Baptist Churth 1,331 50,331 .331 50.331 TOTAL PAYMENTS 78,641 57,409 136,lJ50 95,663 EXCESS OF RECEivfs OVER PAYMENTS Transfers belween furKIs N8t movemwrt in lunds 10,556 21,443 10.887 8.624 7,800 18,356 29,243 10.887 8,624 CASH AT BANK & CCLA AT 1st JANUARY CASH AT &414K & CCLA AT 31st DECEMBER 23,573 41,929 29,243 52.816 41.929 44,192 52,816
THE WYKEHAM CENTRE AND CHURCH HOUSE Registered chaiity, number 291485 STATEMEKf OF ASSETS AND LIABILITIES as at 31 December 2023 Total Total URrestslcknd Reskncled lund fvnd •sal 3111212023 3111212022 CASH FUNDS Bank balan CCLA Deposit fiJnds 41,660 270 41.660 270 259 41,930 41,93 52,816 AMOUNTS DUE TO CHARrrY AT END OF YEAR Gift aid recoverable Parking fees Letting fees- NurserylAftersthil 715 220 7,662 375 7,7 375 7,750 8,125 8.125 8,597 AMOUNTS OWED AT END OF YEAR Acc4)unts and Independent Exwnination Utilities Waste dlsposal Repairs and maintenance 2,951 593 2,951 593 2,139 266 533 ASSETS REfAINED FOR CHARrrrs OWN USE The Wykeham Centre and Church House {insured value) 2.669,359 2,462,514 Payments for goods or servtces purchased, or invoices for goods or services delivered, which are issued prior to the end of the financial year or relate to the financial year but not appearing in the end of financiai year bank statement are listed abov& The amount OVId for utilities indudes an estimate for the December Gas bill based on the November usage as it had not been received at the time of finalising the aGGounts. The Wykeham Centre and Church House is valued at £2,669,359 being the fair value for insurance purposes. This is considered to be the most appropriate basis of valuation by the Trustees. These financial statemenls are accepted on behalf of the chartty by. Signed Rev David Simpson, Trustee Dated ZZ
THE WYKEHAM CENTRE AND CHURCH HOUSE Registered charity. number 291485 Notes to the accounts for the year ended 31 August 2023 1. Basls of preparatlon The financial statements have been prepared in accordance with the Charities Act 2011 Section 133, using the Receipts and Payments basis available to small charities and the chariiy's own Simple Accounts SpreadsheeL Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabiltties at the end of the period. 2. Other tradlng activities Lettings income comprises of amounts received from Little Market Nursery and After School Club and users of the Wykeham Centre and Church house. 3. Funds analysis The Foodbank fund represents accumulated donations less allowable expenses. It can only be spent on Foodbank related expenditure. This includes an amount towards the salary of the Project Manager. Gift aid daimed on restrÈcted donations is credited to the fiJnd to which the donation was made. Durning the year the Foodbank franchise was transferred to the Romford Baptist church. The balance on the foodbank fund wa5 also transferred to them. InGome Expenditure Transfers Othergalns &105ses Bal clfwd 3111212023 0110112023 UNRESTRICTED FUNDS General fund 23.573 23,573 89,197 89,197 78,641 78,641 7,800 7,800 41,929 41,929 RESTRICTED FUNDS Foodbank 29,243 29,243 35,966 35,966 57,¢109 57,409 7,8A)O 7,800 Total Funds 52.816 52.816 125,163 125,163 136,050 136,050 41.929 41,929 4. Salarles & Professional Fees No trustee receives any payments for the services they provide to the charFty. 5. Tru5tees' remuneration Trustees received no expenses. remuneration or benefits in this period. financial year bank ststement is reported a5 amounts owed to and from the charty. The insurance policy indudes trustees, indemnlty insurance for the sum Df £100,000.
THE WYKEHAM CENTRE AND CHURCH HOUSE Registered charlty, number 291485 6. Reimbursement of Out-of-Pocket Expanses Out-of-pocket expenses incurred necessarily, reasonably. and incidentally in the course the charity's activities are reimbursed at cosL No Trustees received any reimbursement of out-of-pocket expenses in the financial year. 7. Related party transactlons The PCC of St Edward the Confessor is a connected charity vthich produces its own annual accounts. Donations totalling £40,000 were made to St Edwards PCC in the year (2022, £37,300). Part of the donation to the PCC is used to pay for the Project Manager's salary. During the year one trustee, Nicola Sharp, vos also an employee of St Edwards PCC. She is not being paid for being a trustee. Measures are in place to ensure no conflicts of interest arise. 8. Rounding Dlscrepancies All amounts are recorded to the penny, but in these accounts are shown as digwtally rounded to the nearest pound. This can occasionally result in a total not being the sum of its constituent amounts. Atl individual amounts, and their totals, are nevertheless correcL