King Edward Community Centre Association 

Registered Charity No: 295123 

Annual Report for the year April 2022 – March 2023 

1. **Governance:** The Trustees met as required by the constitution. There were no governance issues raised during the year 

2. **Finance:** The knock-on effects of the Covid pandemic have been miminal and income has recovered. The finances remain strong. The revenues are in line with expectations and the reserves are healthy. The prime sources of revenue are block bookings of the Centre with additional income from ‘one-off’ lettings. 

3. **Facilities:** The buildings, being over 100 years old, require constant maintenance but are generally in good condition. 

4. **Staffing:** The Centre employs a Finance Manager, Centre Manager and a Caretaker and a Cleaner. 

Signed: Christopher Pope 

Chairman of Trustees 

26 August 2023 



## **KING EDWARD COMMUNITY CENTRE ASSOCIATION** 

**STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2023** 

**Registered Charity No. 295123** 



## **KING EDWARD COMMUNITY CENTRE ASSOCIATION** 

## **Year Ended 31st March 2023 INCOME AND EXPENDITURE ACCOUNT** 

|**INCOME**<br>Lettings<br>Grants and<br>Donations<br>Feed-in Tariff<br>Bank Interest<br>Affiliation<br>Fees<br>Centrepoint<br>**EXPENDITURE**<br>Wages<br>Grounds<br>Maintenance<br>Insurance<br>Cleaning and<br>Refuse<br>Telephones<br>Business<br>Rates<br>Heat, Light,<br>Power &<br>Water<br>Repair and<br>Maintenance<br>Administrative<br>Expenses<br>Internal<br>Auditor<br>Licences<br>Office<br>Equipment|**2020/21**<br>**£**<br>**£**<br>11,522.15<br>30,638.28<br>2,674.81<br>614.35<br>497.35<br>**45,946.94**<br>26,792.33<br>0.00<br>586.38<br>3,409.09<br>1,062.23<br>0.00<br>9,702.56<br>9,203.07<br>554.91<br>0.00<br>267.00|**2021/22**<br>**£**<br>**£**<br>44,605.35<br>19,445.76<br>0.00<br>0.00<br>0.00<br>**64,051.11**<br>35,785.23<br>3,163.49<br>607.88<br>4,457.36<br>784.66<br>227.38<br>9,584.29<br>10,599.84<br>1,520.24<br>200.00<br>1,250.06|**2022/23**<br>£<br>£<br>59549.94<br>8000<br>6353.33<br>580<br>900<br>**75,383.27**<br>40636.52<br>1798.48<br>639.65<br>5067.59<br>1223.42<br>445.44<br>9823.13<br>8924.37<br>283.61<br>150<br>1009.4<br>2171.87|
|---|---|---|---|





|Centrepoint|||||2140.18||
|---|---|---|---|---|---|---|
|Other|||||||
|Expenditure|1,490.91||1,042.22||244.28||
|||53,068.48||69,222.65||**74,557.94**|
|**Deficit(-)**|||||||
|**Expenditure**|||||||
|**over Income**||**-7,121.54**||**-5,171.54**||**825.33**|
||**KING EDWARD COMMUNITY CENTRE**|||**ASSOCIATION**|||
|||**BALANCE SHEET**|||||
|||**2020/21**||**2021/22**||**2022/23**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|**Current**|||||||
|**Assets**|||||||
|Bank -|||||||
|Current|||||||
|Account|95,994.52||82,797.16||90482.43||
|Debtors|0.00||6,496.13||1227.88||
|||95,994.52||89,293.29||91710.31|
|**LESS**|||||||
|**Current**|||||||
|**Liabilities**|||||||
|Creditors||2,420.83||891.14||2482.83|
|**Net Assets**||**93,573.69**||**88,402.15**||**89,227.48**|
|**Represented**|||||||
|**by:**|||||||
|**Funds**|||||||
|Balance|||||||
|Brought||100,695.2|||||
|Forward||3||93,573.69||88,402.15|
|Current Year||-7,121.54||-5,171.54||825.33|





**89,227.48** 

Deficit(-) 

**Total Funds** 

**93,573.69** 

**88,402.15** 

## **Certificates** 

I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31st March 2023 and found them to be correct and in accordance with the vouchers, bank statements and explanations received. 

## **A Papworth - Financial Officer Mark Saunders-Internal Auditor On behalf of the Trustees** 


Date 24th April 2023 Date