**THE SIDNEY WALTER CENTRE** ## **REGISTERED CHARITY NUMBER 294764** **SUSSEX ROAD, WORTHING BN11 1DS** **TRUSTEES REPORT FOR ANNUAL GENERAL MEETING HELD ON DECEMBER 14th 2023 For Year Ending 31[st] March 2023** ## **TRUSTEES: Mr David Arseneault (Chairman); Mrs Joan Oxley: Mr Philip Marchant** The object of the centre is especially, but not exclusively, through leisure time activities to help young people to develop their physical, mental and spiritual capacities, that they may grow to maturity as individuals and members of society and that their conditions of life may be improved. To also promote the benefit of the inhabitants of Worthing and surrounding area, without distinction of gender, political, religious or other opinion by associating with the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for all. The above Trustees and leaseholders have served throughout the year. The centre is administered by a Management Committee, consisting of the Trustees, Treasurer and co-opted members. The following Groups and Organisations make use of the centre facilities: ## **Community Groups** Coastlands Church; Storm Ministries; The Redeemed Church Roy West Art Group Karate Poi Passion Krav Maga Pilates Tai Chi Yoga Meditation Storm after school & holiday Club Social Care Groups Allsorts Youth Group ## **Support Groups** Worthing Talkabout AA peer support NA peer support CGL Emerging Futures The Sid Youth Worthing & Adur Wellbeing Samaritans Food Harvest (Monthly food hub) ## **Centre run Activities** The Cheddars (Seated activities social meeting) Coffee Mornings held monthly Table Tennis Short Mat Bowls Snooker Gardening for seniors Gym Warm space For those who are struggling to afford to heat their homes, a space where they can relax. Tech help (assistance for members who do not have internet access, or who do not use computers) We are pleased to say that in all areas we have seen attendance numbers increase and have decided to carry on without membership fees for the gym and activities, although the session fees will remain. We believe that this is important as many of our members, having become isolated through the pandemic are now having to deal with challenging financial times and we want to encourage them to attend activities without adding to their financial difficulties. ## **Review of financial activities** Income is derived from charges levied for the use of centre facilities, donations and general fundraising, memberships, hiring of equipment and the activities run by the centre. Expenditure comprises, direct expenses relating to the groups’ support costs, establishment costs and administrative expenses. ## **Summation** We have come through what was a difficult period for the entire country and are pleased that we are now able to resume all our activities, along with new ones. There has been a gradual increase in those attending both the gym and other activities. Junior gym has resumed and whilst numbers are not high, we are happy that those attending are young people who need more support, which we can provide. Working closely with The Sid Youth, it has been amazing to be involved in supporting young people who struggle to cope with so many different aspects of daily life but with help can come to believe that not everything is insurmountable. This includes the school holiday activities and nourishing food, “The HAAF”, which is available to young people who qualify for free school meals. In the coming year, there will also be a youth information hub, staffed by Worthing job centre and The Sid Youth based at the centre which will offer advice to young people in relation to jobs and benefits. In turn, our older members are so happy to be back at the Sid and enjoying interaction with others of their age and the variety of people who use the facilities that we offer. We are also able to offer free food, donated through food diverse, which we collect daily and in addition there is a monthly food bank, run by Food Harvest as part of the challenge to reduce food waste. As the oldest community centre in Worthing, The Sid is very much considered a homely, safe place by our members and user groups and it is important in these challenging times ahead, that it remains so. As Trustees we would like to register our thanks to Mrs Read, who has been responsible for arranging the new activities and maintaining warm and welcoming environments for all our user groups Our thanks also, to those volunteers who have assisted in many areas as well as carrying out some areas of redecoration in the buildings. Going forward, we will continue to refurbish areas that need updating. The Trustees consider that the performance of the charity, following the pandemic, has been satisfactory through the year and we look forward to continuing to support our members and the wider community in the year ahead. This report was approved by the Trustees and signed on their behalf ## D. G. Arsenault. David Garfield Arseneault Chairman and Trustee ## **The Sidney Walter Centre Community Centre** ## **Legal and Administrative Details** **The Sidney Walter Centre was established by a Trust Deed in 1986 and is registered with the Charity Commissioners.** It is administered by the Management Committee which consists of appointed members and co-opted members as follows: Mr D. Arseneault - Chairman & Trustee Mrs J. Oxley – Trustee Mr. P. Marchant – Trustee Mr C. Cook – Treasurer Mr S. Anderson, Mr J. Tyrell, Mrs I. Davidson-Wall, Mr L. Soloman ## **Centre Manager** Mrs D. Read **Bankers** HSBC 1 Warwick Street, Worthing, West Sussex BN11 1BJ ## **Independent Examiner** Mr C. Aylen 16 Links Avenue, Bognor Regis, West Sussex PO22 7BX **Registered Charity Number 294764** ## **Sheet** 2017-2018 **tick** printed 1 Balance sheet  2 SOFA  3 NOTES 1 &2  4 NOTES 3 TO 12  5 6 7 8 9 ||**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|||| |---|---|---|---|---|---|---|---|---|---| ||||||||||| ||**Balance Sheet as at 3**|**131st**||**March**||**2023**|||| ||||||||||| ||||||**2023**|||**2022**|| |**Fixed Assets**|||**Note**|**£**||**£**|**£**||**£**| ||Tangible Fixed Assets||9|32,105|||35,585||| ||Investments||8|14|||420||| |||||||32,119|||36,005| ||||||||||| |**Current Assets**|||||||||| ||Stocks||10|0|||783||| ||Debtors||11|0|||2,360||| ||Cash at Bank & in hand|||45,044|||22,360||| |||||||45,044|||25,503| ||||||||||| |**Current Liabilities**|||||||||| ||Creditors due within 1year||12|0|||4,956||| |||||||0|||4,956| |**Net Current Assets**||||||45,044|||20,547| |**Net Assets**||||||77,163|||54,200| ||||||||||| |**Represented by:**|||||||||| ||Unrestricted Funds|||63,633|||63,855||| ||**Restricted Funds**||2|**9,203**|||0||| ||Revaluation Reserve||8|-184|||-184||| ||**Deficit/Surplus for the Year**|||8,569|||3,984||| |||||||81,221|||67655| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| Page 6 |**Note 3**|||||||||| |---|---|---|---|---|---|---|---|---|---| |**Activities in furtherance of charity's objectives**|||||||||| |**(Income)**|||**22-23**||||**21-22**||| |||**Unrestricted Fund**||||**Unrestricted Fund**|||| |||**£**|||**£**|**£**|||**£**| ||Gymnasium||||5,936||||6,240| ||Snooker||||940||||494| ||Youth Club||||0||||0| ||Bar||||0||||0| ||Senior Citizens Activities||||840||||2,344| ||Under 18||||100||||0| ||SundryIncome||||90||||100| ||VAT refund||||0||||0| ||||||7,906||||9,178| |**Less Cost of Activities**|||||||||| ||Youth Club||||0||||0| ||Gymnasium||||0||||0| ||Bar||||0||||0| ||Snooker||||10||||0| ||||||0||||0| ||Sundryrelated expenses||||40||||101| ||||||40||||101| ||||||||||| |**Note 4**|||||||||| |**Activities forgenerating funds**|||||||||| |**(Income)**|Lettings||||53,739||||31,432| ||||||||||| |**Note 5**|||||||||| |**Investment income & interest**|||||||||| ||Deposit interest||||0||||8| ||Investment income(Dividends)||||14||||0| ||||||14||||8| |**Note 6**|||||||||| |Establishment Costs|||||||||| ||Cleaning||||1,747||||1,747| ||Light,heat&water||||8,312||||7,043| ||Repairs & maintenance||||6,655||||1,747| ||**R.& M. Restricted Fund**||||**0**||||**0**| ||Insurance||||800||||800| ||General expenses||||32||||32| ||||||17,546||||11,369| ||||||||||| |**Note 7**|||||||||| |Administration & Support Costs|||||||||| ||Staff Costs||||30,290||||25,970| ||Office Costs||||1,167||||1,647| ||Bank charges||||112||||29| ||Cost of meetings||||450||||450| ||Accountancyfees||||600||||600| ||Bad debts||||0||||0| ||Depreciation onproperty||||1,181||||1,181| ||Depreciation on fixture&equipment||||1,690||||1,690| ||||||||||| ||||||35,490||||31,567| p 10 **Note 1** ## **ACCOUNTING POLICIES** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets, and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities Act 1993. ## **Incoming resources** Voluntary income is received by way of donations, gifts and legacies and is included in full in the Statement of Financial Activities when receivable. Income from investments is included in the year in which it is receivable. Legacies are included when the charity is advised by the personal representative of an estate that the payment will be made or property transferred and the amount involved can be quantified. The value of services provided by volunteers has not been included. ## **Resources expended** Resources expended are recognised in the year in which they are incurred. Governance costs are those incurred in connection with the strategic management of the charity, and compliance with constitutional and statutory requirements and public accountability. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or funds are raised for restricted purposes. ## **Fixed assets** Investments are shown at market value, any unrealised gain or loss being transferred to reserves. Investment income is accounted for on an accruals basis. ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Note 2** ## **GRANTS** ||**2023**|2022| |---|---|---| |Restricted Grants||| |Sid Youth|9620|9620| |Heritage|**9,700**|9,700| |Unrestricted Grants||| |Covid support grants||0| |**Expenditure of Restricted Grants**||| |Heritage Grant|8799|9600| |Sid Youth|9208|171.4| |**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|||||| |---|---|---|---|---|---|---|---| |**STATEMENT OF FINANCIAL ACTIVITIES**|||||||| |**FOR YEAR ENDING 31ST MARCH 2023**|||||||| ||||**2022-2023**|||**2021-2022**|| ||Note|Restricted
Fund|Unrestricted
Fund|**2022-2023**|Restricted
Fund|Unrestricted
Fund|**2021-2022**| |||**£**|**£**|**£**|**£**|**£**|**£**| |**Incoming resources**|||||||| |Grants|2|9,208|0|9,700||0|0| |Activities in furthurance of the Charity's objectives|3||7,906|7,906||8,534|8,534| |Activities forgeneratingfunds|4||53,739|53,739||31,432|31,432| |Interest & investment income|5||14|8||8|8| |||9,208|61,659|**61,659**|9,700|39,974|**39,974**| |Less Cost of generating funds|||||||| |Activities in furthurance of the Charity's objectives|3||0|0||0|0| |**Total incoming resourses**||9,208|61,659|**39,974**|9,700|39,974|**39,974**| ||||||||| |**Resources Expended**|||||||| |Establishment Costs|6||17,546|17,546||12,107|12,107| |Administration & Support Costs|7||35,490|35,490||25,970|25,970| |**Total resources expended**||0|53,036|**53,036**|0|38,077|**38,077**| ||||||||| |Net incomingresources|||8,623|1,807|0|1,807|1,807| |Unrealisedgains on investments|8||-54|-54||-54|-54| |**Net movement of funds**||0|8,569|**1,753**|0|1,753|**1,753**| page 5 |**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|**SIDNEY WALTER YOUTH AND COMMUNITY CENTRE**|||| |---|---|---|---|---|---|---|---|---| |**STATEMENT OF FINANCIAL ACTIVITIES**||||||||| |**FOR YEAR ENDED 31ST MARCH 2023**||||||||| |||||**2022- 2023**|||**2021-2022**|| |||Note|**Unrestricted Fund**|||**Unrestricted Fund**||| ||||**£**||**£**|**£**||**£**| |**Incoming resources**||||||||| |Grants|||9,203.00|||9,700.00||| |||||||||| |||||||||| |||||||||| |||||||||| |Other Income||||||||| ||GymnasiumSurplus||5,936|||6,240||| ||Rent||53,739|||31,432||| ||VAT refund||0|||0||| ||Snooker||494|||494||| ||Sundryincome||2,344|||2,344||| ||SeniorCitizens Club Surplus||840|||1,800||| ||Under 18's||280|||0||| ||YouthGroups Surplus||0|||0||| ||BarSurplus||0|||0||| ||||||63,633|||42,310| |**Total incoming resourses**|||||**63,633**|||42,310| |**Resources Expended**||||||||| |EstablishmentCosts||||||||| ||Cleaning||1,939|||1,271||| ||Light,heat&water||11,973|||7,043||| ||Repairs &maintenance||6,655|||1,747||| ||Insurance||751|||843||| ||||||**21,318**|||10,904| |||||||||| |Administration& SupportCosts||||||||| ||Gymasium||0|||100||| ||Snooker||0|||0||| ||YouthGroups||0|||0||| ||BarSurplus||0|||0||| ||General Equipment||0|||0||| ||Wages & Salaries||30,290|||25,970||| ||Auditfees||400|||400||| ||Telephone||1,105|||960||| ||Printing, postage & stationary||62|||100||| ||Depreciation||1,181|||2,160||| ||Bad debts||0|||0||| ||SundryExpenses||908|||587||| ||||||33,946|||30,277| |**Total resources expended**|||||55,264|||41,181| |||||||||| |**Investment income and interest**||||||||| ||Interest||||0|||0| ||Dividends||||14|||8| ||||||14|||8| |||||||||| |**Surplus(Loss) foryear**|||||8,569|||1,137| Foy the Lov. rf.. D. C. ArSe*￿￿1t chp.irM47pL g TrHs:ec S&tssex Ro¢id.. wtsythbv Iiit 09112/23 ei7Y Mr A rSe&￿￿ttL Pleose Q¢¢tpt fDY the i+% sHb¥uiWL￿? repgrt pYobLeM tha: I bcbttxpefvtedly "LO trove, :D eQl￿d9., where 1 ives. I hove ejrriecl. oHt o fHLI eXA&Ki￿rIti0￿ rf tJDUY q¢CA4￿& As ¥eq¢ttsttd, 0¢¢ordi￿a to tke rm1￿ req¥(Ly¢￿(C1￿S foy chorit￿ Theye were eYrDrs e¥&heY or l Yoised. ¢he:kivL9 we¥e ¢#￿t&￿￿.. So4K¢ ￿r weye be¢ok4Se rf Yece4p:s which hti>4. fgded. I wow(I t41 aLLooest thRt ikr fmtuyt A yi svK&I'. ytceip.ts shoHLd be phtro9rtryheLI.. ¥his wkLI p.tr()'tW, ¥he iss¥(¢ rfpYL￿t Lir be¢9ML￿ ￿￿¢lear. #ease htsi:p:e:o cO￿ta￿t WAI L LVL cthey Qre(IS. fy DL< YeqHire QLliJL: i pL¢os¢d tshAt thot the fLbiAA¢LoL s.th*w￿." {¥￿￿¥(¢￿0L p¢rf0YNR￿e As At 31" MA Y¢h 2023. give pos,ti&K o! *¢ ckoyi.ies YOHYS S>rtcer¢l 16 Li￿ AV•.￿￿¢ Bo)￿r L•gis P022 FEX