**THE SIDNEY WALTER CENTRE**
## **REGISTERED CHARITY NUMBER 294764**
**SUSSEX ROAD, WORTHING BN11 1DS**
**TRUSTEES REPORT FOR ANNUAL GENERAL MEETING HELD ON DECEMBER 6th 2024 For Year Ending 31[st] March 2024**
## **TRUSTEES: Mr. David Arseneault BEM(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 Organizations make use of the Centre facilities:
## **Community Groups**
Coastlands Church; Storm Ministries; The Redeemed Church
The Sid Youth CIC ( Youth Support Services)
Active Worthing CIC (GP& NHS referral exercise)
Allsorts LBGT+ Youth service
Adur and Worthing Council
Art Group
Karate
Poi Passion
Krav Maga
Tai Chi
Yoga
Meditation
Storm after school & holiday Club
Keep moving (Fitness for ove50’s}
Social Care Groups
Soundbaths
History People uk
West Sussex G Scale Model Railway
There are single bookings through the year for wedding receptions, funeral receptions and other celebratory events.
## **Support Groups**
Worthing Talkabout
AA peer support
NA peer support
CGL
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
Puzzle and book sessions
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)
This includes use of laptops for those who need them.
One to one relaxation sessions
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 have seen an increase in revenue from hirings, which allows us to offer free or reduced sessions for those that we know would not be able to afford to attend. We believe that this is important as many of our members are still having to deal with yet more challenging financial times and we want to encourage them to attend activities that will help their physical and mental health and wellbeing.
## **Review of financial activities**
Income is derived from charges levied for the use of Centre facilities, donations and general fundraising, hiring of equipment and the session fees from activities run by the Centre.
Expenditure comprises, direct expenses relating to the groups’ support costs, establishment costs and administrative expenses.
## **Additional Information for members**
Before we continue with the summation, it is with great sadness that we have to report the sudden and totally unexpected death of John Oxley, a volunteer at the centre for over 20 years. Mrs Read has been his personal representative for most of that time and as such we recognize the hours of her own time this has involved, but at no time has she allowed it to affect her role at the Centre and we commend her for that.
## **Mr. David Arseneault, our Chairman, has been awarded the BEM in recognition of his services to Charity and the community. Our heartfelt congratulations to him.**
## **Summation**
## **ACTIVITIES**
We are happy to report that the centre is getting busier every month, with booking enquiries increasing.
There has been an increase in those attending both the gym and other activities. Junior gym members continue to attend.
Working closely with The Sid Youth, we continue to see 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. There is now a well-established youth information hub, staffed by Worthing job center and The Sid Youth, based at the center which offers advice to young people in relation to jobs and benefits and is highly successful.
In turn, our older members continue to enjoy interaction with the variety of people who use the facilities that we offer. We are also able to offer free food, donated by Marks & Spencer and in addition there is a monthly food bank, run by Food Harvest as part of the challenge to reduce food waste.
We have not run the Bar since reopening after Covid and have decided that whilst we shall retain the premises license for events, there will be no reinstatement of the bar. Financially it was becoming far less viable and with alcohol support groups and young people in the building we do not deem it a suitable facility.
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 for her continuing hard work and ensuring warm and welcoming environments for all our user groups, along with all that she does to help anyone who comes to her with problems.
Our thanks also, to those volunteers who have assisted in many areas, as well as carrying out some areas of redecoration in the buildings.
We have been beset by periods of illness this year, our gym instructor suffering with ME, Chris cook is now recovering from a stroke and it may well be a long recovery. Stuart Anderson has stepped in as a temporary Treasurer until after advertising, a new treasurer is appointed. Currently we are battling the Flu Virus and reintroducing some of the covid measures to minimize infection, as far as possible.
## **Projects**
Going forward, we will continue to refurbish areas that need updating.
This year we have been fortunate that the grant from Sid Youth enabled us to upgrade the boilers in the annexe and add additional sockets in the Art Room.
The annexe now has upgraded Wi-Fi, together with the main building.
The next project is one of redecorating the rooms in the main building, repairs and painting of windows, replacing the toilets and sinks in the annexe.
The Sid building has survived for 120 years, serving the community in different ways and as leaseholders, we hope with these projects, we are doing our part to ensure it will last for as many years as possible.
## **Finance**
The income of the Charity is derived mainly from lettings and activity charges. There are small donations at times from the public. As the accounts show we have the funds to cover running costs for 6 months and beyond, which is an important requirement. With the increase of bookings, we will be able to increase our reserves over the coming period.
We will also be changing our bank account with HSBC to online banking, enabling paying invoices by BACS instead of cheques and having instant information on balances, which is more efficient. We will still comply with the 2-signature withdrawal by having dual authority online.
The Sidney Walter Center will continue to do all that is possible to enhance the lives of the members and the wider community. We have over many years adapted what we offer, as times and tastes change, and we shall continue to listen to our members and take on board suggestions and ideas that align with our values.
The Trustees consider that the performance of the charity, 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 BEM
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 Curr
Mr S. Anderson, Mrs J. Vicsai (Gym), Mrs I. Davidson-Wall (seniors), Mr R. Loversidge (young people), L. Milner (Social Media)
## **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 P 2 SOFA P 3 NOTES 1 &2 P 4 NOTES 3 TO 12 P 5 6 7 8 9
||**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|**Sidney Walter Centre**|||
|---|---|---|---|---|---|---|---|
|||||||||
||**Balance Sheet as at 31st March 2024**|||||||
|||||||||
|||||**2024**||**23**||
|**Fixed Assets**||**Note**|**£**||**£**|**£**|**£**|
||Tangible Fixed Assets|9|32,052|||32,105||
||Investments|8|228|||14||
||||||32,280||32,119|
|||||||||
|**Current Assets**||||||||
||Stocks|10|0|||||
||Debtors|11|0|||0||
||Cash at Bank & in hand||64,596|||45,044||
||||||64,596||45,044|
|||||||||
|**Current Liabilities**||||||||
||Creditors due within 1year|12|620|||||
||||||620||0|
|**Net Current Assets**|||||63,976||45,044|
|**Net Assets**|||||96,256||77,163|
|||||||||
|**Represented by:**||||||||
||Unrestricted Funds||73,999|||63,633||
||**Restricted Funds**|2|**6,085**|||9,203||
||Revaluation Reserve|8|-164|||-184||
||**Deficit/Surplus for the Year**||12,485|||8,569||
||||||92,405||81221|
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Page 6
|**Note 3**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|**Activities in furtherance of charity's objectives**||||||||||
|**(Income)**|||**2023-20224**||||**2022-2023**|||
|||**Unrestricted Fund**||||**Unrestricted Fund**||||
|||**£**|||**£**|**£**|||**£**|
||Gymnasium||||9,247||||5,936|
||Snooker||||938||||940|
||Youth Club||||0||||0|
||Bar||||0||||0|
||Senior Citizens activities||||1,251||||840|
||Under 18||||157||||100|
||SundryIncome||||487||||90|
||VAT refund||||0||||0|
||||||12,080||||7,906|
|**Less Cost of Activities**||||||||||
||Youth Activities||||25||||0|
||Gymnasium||||234||||0|
||Bar||||0||||0|
||Snooker||||20||||10|
||Senior Citizens||||0||||0|
||Sundryrelated expenses||||28||||40|
||||||307||||50|
|||||||||||
|**Note 4**||||||||||
|**Activities forgenerating funds**||||||||||
|**(Income)**|Lettings||||64,758||||53,739|
|||||||||||
|**Note 5**||||||||||
|**Investment income & interest**||||||||||
||Deposit interest||||211||||0|
||Investment income(Dividends)||||17||||14|
||||||228||||14|
|**Note 6**||||||||||
|Establishment Costs||||||||||
||Cleaning||||1,855||||1,747|
||Light,heat&water||||12,966||||8,312|
||Repairs & maintenance||||3,625||||6,655|
||**R. & M. Restricted Fund**||||**6,085**||||**0**|
||Insurance||||338||||800|
||General expenses||||120||||32|
||||||24,989||||17,546|
|||||||||||
|**Note 7**||||||||||
|Administration & Support Costs||||||||||
||Staff Costs||||32,030||||30,290|
||Office Costs||||2,362||||1,167|
||Bank charges||||115||||112|
||Cost of meetings||||450||||450|
||Accountancyfees||||620||||600|
||Bad debts||||0||||0|
||Depreciation onproperty||||1,181||||1,181|
||Depreciation on fixture & equipment||||1,420||||1,690|
|||||||||||
||||||38,178||||35,490|
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**
||**2024**|2023|
|---|---|---|
|Restricted Grants|||
|Sid Youth|6085|9620|
|Heritage||9,700|
|Unrestricted Grants|||
|Covid support grants|0|0|
|**Expenditure of Restricted Grants**|||
|Heritage Grant||9600|
|Sid Youth|6085|9208|
|**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 2022**||||||||
||||**2023-2024**|||**2022-2023**||
||Note|Restricted
Fund|Unrestricted
Fund|**2023-4**|Restricted
Fund|Unrestricted
Fund|**2022-2023**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**Incoming resources**||||||||
|Grants|2|6,085||9,208||0||
|Activities in furthurance of the Charity's objectives|3||9,063|9,063||7,906|7,906|
|Activities forgeneratingfunds|4||64,708|64,708||53,739|53,739|
|Interest & investment income|5||228|228||14|14|
|||6,085|73,999|**73,999**|9,208|61,659|**61,659**|
|Less Cost of generating funds||||||||
|Activities in furthurance of the Charity's objectives|3||307|307||0|0|
|**Total incoming resourses**||6,085|74,306|**74,306**|9208|61,659|**61,659**|
|||||||||
|**Resources Expended**||||||||
|Establishment Costs|6||26,075|26,075||17,546|17,546|
|Administration & Support Costs|7||35,488|35,488||35,490|35,490|
|**Total resources expended**||6,085|61,563|**61,563**|0|53,036|**53,036**|
|||||||||
|Net incomingresources|||12,743|12,743|0|8,623|8,623|
|Unrealisedgains on investments|8||-54|-54||-54|-54|
|**Net movement of funds**|||12,689|**12,689**|0|8,569|**8,569**|
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 2024**|||||||||
|||||**2023-2024**|||**2022-2023**||
|||Note|**Unrestricted Fund**|||**Unrestricted Fund**|||
||||**£**||**£**|**£**||**£**|
|**Incoming resources**|||||||||
|Grants|||6,085.00|||9,203.00|||
||||||||||
||||||||||
||||||||||
||||||||||
|Other Income|||||||||
||Gymnasium Surplus||6,247|||5,936|||
||Rent||64,758|||53,739|||
||VAT refund||0|||0|||
||Snooker||938|||494|||
||Sundryincome||470|||2,344|||
||Senior Citizens Club Surplus||1,251|||840|||
||Under 18's||157|||280|||
||Youth Groups Surplus||0|||0|||
||Bar Surplus||0|||0|||
||||||73,821|||63,633|
|**Total incoming resourses**|||||**73,821**|||63,633|
|**Resources Expended**|||||||||
|Establishment Costs|||||||||
||Cleaning||1,855|||1,939|||
||Light,heat&water||14,172|||11,973|||
||Repairs & maintenance||9,710|||6,655|||
||Insurance||338|||751|||
||||||**26,075**|||21,318|
||||||||||
|Administration & Support Costs|||||||||
||Gymasium||56|||0|||
||Snooker||0|||0|||
||Youth Groups||25|||0|||
||Bar Surplus||0|||0|||
||General Equipment||0|||0|||
||Wages & Salaries||32,030|||30,290|||
||Audit fees||450|||400|||
||Telephone||1,156|||1,105|||
||Printing, postage & stationary||50|||62|||
||Depreciation||1,181|||1,181|||
||Bad debts||0|||0|||
||SundryExpenses||540|||908|||
||||||35,488|||33,946|
|**Total resources expended**|||||61,563|||55,264|
||||||||||
|**Investment income and interest**|||||||||
||Interest||||211|||0|
||Dividends||||17|||14|
||||||228|||14|
||||||||||
|**Surplus(Loss) foryear**|||||12,485|||8,569|
To the Trustees of the Sidney Walter Community Centre
Sussex Road, Worthing BN11 !DS
25/11/24
Accounts for year ended 31[st ] March 20224
I have carried out an independent examination of the accounts as requested, I have examined the financial statements, The Statement of Financial Activities and the Balance Sheet that have been prepared under the accounting policies as detailed.
During this I obtained all the information and explanations which I considered necessary, to provide me with sufficient evidence to give assurance that the financial statements are free from material misstatement.
In my opinion the financial statements have been in accordance with the regulations of the Charity set out in the Trust Deed and give a true and fair view of the financial position of the Charity as at 31[st ] March 2024.
For your consideration I would suggest changing to online banking, which would give your staff and treasurer/bookkeeper, much clearer information daily. This can be done whilst retaining the double authority for payments and purchases, without the timelapse of cheque posting and clearing.
It may be that due to the change of treasurer, following Chris Cooke's stroke, this would be a sensible time for the change to a more streamlined way financial management.
Regards
_t.M\�_ Christopher Aylen
Retired Finance Officer
16 Links Avenue
Bognar Regis
PO22 &BX
Tel. 07718686292
Email: seated man 1@gmail.com