2025-03-31-accounts

THE SIDNEY WALTER CENTRE

REGISTERED CHARITY NUMBER 294764

SUSSEX ROAD, WORTHING BN11 1DS

TRUSTEES REPORT FOR ANNUAL GENERAL MEETING HELD ON DECEMBER 12th 2025 For Year Ending 31[st] March 2025

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 throughout the year for wedding receptions, funeral receptions and birthday and other celebratory events.

Support Groups

Worthing Talkabout

AA peer support

NA peer support

CGL

Samaritans

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 once again we have seen attendance numbers increase and have decided to carry on without membership fees for the gym and activities, although the session fees again will remain. There has continued to be an increase in revenue from hirings, which again allows us to offer free, or reduced, sessions for those that we know would not be able to afford to attend. Many people who do attend the Centre, are worried about finances and the changes which are happening in the world. We can offer this small financial support, and a listening ear should they need to talk about any other worries.

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

Following on from last year and the BEM award to our Chairman, we are also pleased to say that Paul Read, director of Sid Youth, was invited to attend the King’s Garden Party in recognition of his work with young people. Our congratulations to him and his co-director and staff, who have worked so hard and made such a difference to young people’s lives.

Summation

ACTIVITIES

We are happy to report that the Centre is still a popular venue within the community, with booking enquiries still increasing.

There has been an increase in those attending both the gym and other activities. Junior gym members continue to attend but are for the most part blending in with other ages groups.

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, however, the food hub run by Food Harvest has now moved to a new larger venue.

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.

This has been a challenging year, Mrs Read having been diagnosed with cancer but fortunately caught at an early stage and which she tried hard not to affect her working life.

With this in mind, we as Trustees would like to register our thanks to Mrs. Read for her continuing hard work, 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.

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 annex and add additional sockets in the Art Room.

The annex 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 annex.

The Sid building has survived for 120 years, initially a school and then in the sixties serving the community in a different way and as leaseholders, 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 continued increase of bookings, we will increase our reserves over the coming period, whilst at the same time undertaking renovation of some areas.

We will also be changing our bank account with HSBC to online banking, enabling us to pay 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. We had intended to do this but due to Mrs. Reads illness it has been delayed.

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. We will work with all the groups who base themselves here, young and old alike to ensure that we continue to offer what is needed, for the local community.

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 S. Anderson, Mrs J. Vicsai (Gym), Mrs I. Davidson-Wall (seniors), Mr R. Loversidge (young people)

Volunteers

Ms S.Rhodes,

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

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
	Balance Sheet as at 31st March2025
				2025			2024
Fixed Assets		Note	£		£	£		£
	Tangible Fixed Assets	9	32,052			32,052
	Investments	8	12			8
					32,064			32,060
Current Assets
	Stocks	10	0
	Debtors	11	0			0
	Cash at Bank & in hand		77,820			64,596
					77,820			64,596
Current Liabilities
	Creditors due within 1year	12	0			620
					0			620
Net Current Assets					77,820			63,976
Net Assets					109,884			96,036
Represented by:
	Unrestricted Funds		77,820			73,999
	Restricted Funds	2	0		0	6,085
	Revaluation Reserve	8	-145			-164
	Deficit/Surplus for the Year		11,638			12,485
					89,313			92405

Page 6

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

	2025	2024
Restricted Grants	0
Sid Youth	0	6085
Unrestricted Grants	0	0
Covid support grants	0	0
Expenditure of Restricted Grants
Sid Youth	0	6085

Note 3
Activities in furtherance of charity's objectives
(Income)			2024-2025				2023-2024
		Unrestricted Fund				Unrestricted Fund
		£			£	£			£
	Gymnasium				13,002				9,247
	Snooker				1,100				938
	Youth Club				0				0
	Bar				0				0
	Senior Citizens activities				1,500				1,251
	Under 18				0				157
	SundryIncome				460				487
	VAT refund				0				0
					16,062				12,080
Less Cost of Activities
	Youth Activities				0				25
	Gymnasium				1,242				234
	Bar				0				0
	Snooker				10				20
	Senior Citizens				0				0
	Sundryrelated expenses				0				28
					1,252				307
Note 4
Activities forgenerating funds
(Income)	Lettings				58,425				64,758
Note 5
Investment income & interest
	Deposit interest				225				211
	Investment income(Dividends)				12				17
					237				228
Note 6
Establishment Costs
	Cleaning				1,950				1,855
	Light,heat&water				17,134				12,966
	Repairs & maintenance				5,522				3,625
	R. & M. Restricted Fund				0				6,085
	Insurance				420				338
	General expenses				1,309				120
					26,335				24,989
Note 7
Administration & Support Costs
	Staff Costs				30,729				32,030
	Office Costs				2,848				2,362
	Bank charges				126				115
	Cost of meetings				450				450
	Accountancyfees				400				620
	Bad debts				0				0
	Depreciation onproperty				1,181				1,181
	Depreciation on fixture & equipment				1,200				1,420
					36,934				38,178

p 10

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 2025
			2024-2025			2023-2024
	Note	Restricted Fund	Unrestricted Fund		Restricted Fund	Unrestricted Fund	2023-4
		£	£	£	£	£	£
Incoming resources
Grants	2		0		6,085	0
Activities in furthurance of the Charity's objectives	3		16,062			9,063	9,063
Activities forgeneratingfunds	4		58,425			64,708	64,708
Interest & investment income	5		237			228	228
		0	74,724		6,085	73,999	73,999
Less Cost of generating funds
Activities in furthurance of the Charity's objectives	3		1,252			307	307
Total incoming resourses		0	73,472		6085	73,692	73,692
Resources Expended
Establishment Costs	6		26,335			26,075	26,075
Administration & Support Costs	7		36,954			35,488	35,488
Total resources expended			63,289	0	0	61,563	61,563
Net incomingresources					0	12,743	12,743
Unrealisedgains on investments	8		-54			-54	-54
Net movement of funds			10,139		0	12,689	12,689

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 2025
				2024-2025			2023-2024
		Note	Unrestricted Fund			Unrestricted Fund
			£		£	£		£
Incoming resources
Grants			0.00			6,085.00
Other Income
	Gymnasium Surplus		12,760			6,247
	Rent		58,425			64,758
	VAT refund		0			0
	Snooker		1,100			938
	Sundryincome		460			470
	Senior Citizens Club Surplus		1,500			1,251
	Under 18's		0			157
	Youth Groups Surplus		0			0
	Bar Surplus		0			0
					74,245			73,821
Total incoming resourses					74,245			73,821
Resources Expended
Establishment Costs
	Cleaning		1,950			1,855
	Light,heat&water		17,134			14,172
	Repairs & maintenance		5,522			9,710
	Insurance		420			338
					25,026			26,075
Administration & Support Costs
	Gymasium		1,242			56
	Snooker		10			0
	Youth Groups		0			25
	Bar Surplus		0			0
	General Equipment		0			0
	Wages & Salaries		30,729			32,030
	Audit fees		400			450
	Telephone		2,650			1,156
	Printing, postage & stationary		60			50
	Depreciation		1,181			1,181
	Bad debts		0			0
	SundryExpenses		1,309			540
					37,581			33,946
Total resources expended					62,607			55,264
Investment income and interest
	Interest				225			211
	Dividends				12			17
					237			228
Surplus(Loss) foryear					11,638			12,485

To the Trustees of the Sidney Walter Community Centre

Sussex Road, Worthing BN11 1DS

23/11/25

Accounts for year ended 31[st] March 2025

Before I give my report, may I first express my good wishes to Mrs Read following her cancer diagnosis and treatment.

I am aware how much she is an integral part of the Centre and am sure she will have been sorely missed.

I trust she is now recovered.

I understand that it was not deemed the right time to change to online banking until Mrs Read was fully recovered. When you do make the change, I would also suggest that a company debit card would be appropriate, to enable future purchases of smaller items, as well as online orders which are currently paid by staff and then refunded.

My Report

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 2025.

Best Regards

C. Aylen

Christopher Aylen

Retired Finance Officer

16 Links Avenue

Bognor Regis

PO22 &BX

Tel. [phone]

Email: [e-mail]