munlty Wellbeing MAIDSTONE COMMUNITY SUPPORT CENTRE Annual Report 2022/23 ## **Sunflower Café Have a Coffee, Snack or Lunch at our on site Café** **Sessional Room Hire from £8 to £80 per hour** ## Contents **The Mission and Vision of MCSC Agenda Chairs Report Chief Executive’s Report Financial Directors Report MCSC Groups Staff, Trustee and Contact Information** ## 36th AGM Agenda - Welcome and Chair Report - Peter Cox - Apologies Minutes of the last AGM (15th November 2022) - -To be agreed and signed Treasurer’s Report and Accounts for year 2022/2023 - John Hawkins - -Accepting the Reports and Accounts for the year 2022/2023 - -Appointment of Reporting Accountants Chief Executive’s Report -Tad Taberer - MCSC Groups Feedback - A.O.B ## Who are we? ## **The MCSC Mission** To support Charitable organisations and Community groups to effectively deliver their services to the community of Maidstone and surrounding areas by providing good quality affordable offices and meeting spaces in our Maidstone based community building. ## **What does this Centre mean to the local community?** MCSC aims to unlock local potential by helping organisations, agencies and groups reach out to the neighbouring population and workforce to promote, to encourage and to educate. ## **The Home of Community and Voluntary work in the heart of Maidstone** MCSC has been providing office space and services for various charitable organisations and affordable meeting space for local community groups and businesses since 1986. ## **Our Vision** Working with our Members, Visitors and the Community in our area, Maidstone Community Support Centre aims to provide: An attractive and affordable office base for charities, voluntary organisations and community groups. A nurturing and encouraging environment for ideas, partnerships and developments. A range of innovative and creative community services in response to local needs. ## Chairman’s Report I am pleased to introduce you to the Report for the 36th Annual General Meeting of Maidstone Community Support Centre. If you are attending the AGM in person, welcome. The principal objective of MCSC is to provide affordable accommodation to charities and ‘not for profit’ organisations working in and around Maidstone. In achieving this objective, we currently enable some forty organisations to deliver their front line services addressing a wide range of need within the county town and its surrounds. Our users know that they can create a platform and work in a safe environment, in a well maintained albeit ‘old’ building and on terms designed to meet their business and accommodation needs. The recent satisfaction survey has shown that the efforts of our dedicated staff team are appreciated in their support of you, our users. In the reports from Tad, our Chief Executive and John, our newly appointed Finance Director, you will read that we have achieved full occupancy but still have some way to go in growing our ‘sessional’ hiring back to pre-pandemic levels. MCSC is, of course, a charity and faces the same business challenges faced by all charities. Having come through the pandemic we all faced a cost-of-living crisis and significant increases in energy costs. Despite this unwelcome pressure the Trustee Board of MCSC took the decision to absorb the energy hike of 2021/22 and limited the cost increase being passed on to users in 2022/23, the year under review. That trick can only be done once so all users are urged to conserve energy whenever and wherever possible. Despite current pressure we have much good news. We are delighted that Age UK has opened the Sunflower Café and has based its ‘Meals on Wheels’ service at Marsham St and is introducing other services. In the next financial report we expect to confirm that Maidstone Radio will again be up and running from our studio ‘under the arch’. The sliding door project has moved a big step forward as Tad has secured not only a reduction in cost but also a significant donation toward the project. The sliding door will soon be a reality improving access, safety and security. We are ‘community’, it’s in our name. The satisfaction survey said users want to know more about other users, your neighbours. We will create greater opportunities for networking within Marsham St. Enable users to present to others and share ideas, practice and good news about their work. We very much look forward to working with you. ## **Peter Cox** **Chairman** ## CEO’s Report The reporting period 2022-23 continued to see a return to growth at the Centre. Post Covid saw many vacant office spaces within the building, but I am pleased to say that over the past financial year we have managed to fill all of these at the time of writing this report. MCSC’s sessional hire has been slower to increase. Take up of sessional spaces has been well below pre pandemic bookings. The reason for this is that we believe that hybrid type meetings have become more popular meaning that more meetings are being held on line without the need to hire a space for meetings. The MCSC team have been tackling this challenge by increasing and modernising the marketing of the sessional spaces. We are also considering other options that could bring more organisations into the building. MCSC has also invested in new technology to support Hybrid meetings being held from the Centre. Unfortunately one of the casualties of the reduced sessional bookings was Sonya’s Café. However Age UK Maidstone took over the operation in January 2023 rebranding it as the Sunflower Café , providing not only a fully operating café but also supporting older people in Maidstone with their Meals on Wheels service. Due to external influences, we continue to face big increases in our energy costs December 2022 saw our electricity bills quadruple and our gas bill double within the next year. This has been a concern to the Board of Trustees who decided to absorb as much of the increase in costs up until the new financial year in April 2023. The Trustees then reviewed how the organisation could minimise the impact of increased costs on the organisations based at MCSC. There was a small increase in office rent but all other costs such as phones, broadband and car parking remained the same. There was also no increase in the cost sessional hire. I realise that there continues to be some difficult times ahead, but MCSC will continue to fulfil its charitable objectives as well as continuing to invest in the building, ensuring that every one of our stakeholders and visitors can work and visit in a safe and comfortable environment. I would like to thank all our internal groups and our sessional users for your continued support through these tough times. I would also like to express my gratitude to the MCSC Board of Trustees and my staff team for all their hard work and support over the past year. ## **Tad Taberer Chief Executive** Help support MCSC by using Easyfundraising at no added cost to yourself just shop online at your favourite retailers via the QR Code below! ## Financial Directors Report I am pleased to present the accounts for MCSC for the year ended 31st March, 2023. I should start by introducing myself as your new Financial Director because I was appointed in February to replace Barry Snashall who resigned following his relocation to Lincolnshire. My name is John Hawkins and I am a Chartered Accountant who has spent his career in private practice and I hope that I can maintain the standards set by Barry and ensure that the Centre can thrive as the focal point for charities in Maidstone. At the time of writing we have full occupancy at the Centre which is essential to provide the funds to allow us to provide the best level of services and maintain the building to the highest standards to provide a safe environment for our members to enjoy. However, sessional hire has not yet returned to its pre Covid level but we are sure that Tad and his team can increase bookings through making potential users aware of the facilities we can provide by encouraging them to visit the Centre and see the operation first hand. Overall the Board is pleased with the results for the year even though there was a deficit for the year of £33,605 because we incurred significant expenditure of £59,142 in respect of the refurbishment and painting of the rear windows and installation of new guttering and so excluding this there was a surplus of £25,537. However, we have to recognize that our building will continue to make heavy demands on our reserves and we have to budget accordingly but at the same time be sympathetic to our members who have experienced difficult times post Covid and it is the Board's intention to continue to support you by absorbing a significant proportion of the escalating energy costs and consequently containing rent increases to manageable levels in line with our charitable objectives. Our budget for 2023/24 indicates that ignoring expenditure on upgrading the front door we should at worst break even but hopefully produce a surplus if we can increase sessional hire. I would like to close by thanking Tad and the finance team who have managed our finances so well and provided timely and exceptionally detailed reports which has made my job easy. I wish you all the best over the coming months. ## **John Hawkins Finance Director** This chart shows our sessional income, broken down by category of room hirers. A Big Thank You... to our supporting Organisations here at our Centre A Big Thank You... to our supporting Organisations here at our Centre ## Staff & Trustee Information ## **Staff** **Tad Taberer** - CEO **Jackie Avery** - Centre Lettings & Finance Manager **Matt Wright** - Centre Support Manager **Jo Mitchell** – Centre Support Worker/Afternoon Reception **Sinéad Fitzgerald** - Morning Administrator/Reception **Rachel Hall** - Evening and Weekend Centre Support Worker **Jo Miles** – Evening and Weekend Centre Support Worker ## **Trustees** **Peter Cox** - Chair **Ray Harris** - Vice Chair **John Hawkins** - Finance Director **Fiona Marriner Dorothy Phillips Sandie Turner** ## Contact Us ## **MCSC** 39-48 Marsham Street Maidstone Kent ME14 1HH 01622 690369 www.mcsc.org.uk admin@mcsc.org.uk **Twitter -** @MCSCMaidstone **Facebook -** MCSC Maidstone **LinkedIn -** Maidstone Community Support Centre Reglstered number: 02045986 ChArity rtumber: 295143 Maldstone Community Support Centre (A Company Llmited by Guarantee) Unaudited Trustees, Report and f￿anciAl Statements For the Yexr Ended 31 March 2023 MgidstODe CoThmuDity Support Centre (A Comp4ny Lio￿ted by Guar4i¢ee) Contents R¢ftY¢nce and AdmI￿￿5￿￿tiVe Dd4i]8 of the CoMp￿y. its Tnwees and Advi5er5 TnJs*eg liwt IndepeDdent Ex&rninds R¢1 Stlrtcm￿￿ of Finan¢iat Activities Bal8n¢e Shttt Notc5 ￿ the Fina￿1￿1 StatcnKnt$ 9-19 M4idstone Communlty Support Cea¢ {A Company Ltmited by Guarantee Reference and Adminlstratlve D¢tsll8 of the Comp4Dyy ils Trustees and Advisers For the Year Ended 31 M4r¢h 2023 Trustees Peter Co4 Chair R&yrnorKI Harri$, Vice Chair John Hawkin4 FttTroncal Trtasurer(appoint¢d 21 F¢l)n]y 2()23) Dorothy Phillip5 Bttrry SDsshall. Fin6Dce Diredor(r¢signAI 24 sa0￿ry 21Y23) Sand¥3 TyTr¢r Fiona MaFrin¢r Cowy regbtered BumbEr 02045986 Ch*rlty register￿ 295143 ReBistered 39- 48 MaTshllm Street Maidstone ME14 IHH RowlaT¥J T?bcErr Rowbt)dTaberer UHY Ha¢k¢r Y¢H￿& Clart¢Trd ArtLNmtrnts Tham¢5 Hous¢ RoJJan SquwE Siitin8bourne ME104BJ Page I Maldstone CommuDitv Support Cemtre (A Comp4ny LlJuit¢d by Guarantee) Trustees, Report For the Year Ended 3J M•T¢h 21b23 Th¢ ttustee5 pr¢Knt Ihtii annual report togeih¢r with the financial 51atements of th¢ Company for the ￿riod l Aptil 2022 to 31 Mgrch 2023. The Annual R¢port s¢ry¢s the pu￿05£$ of both fy tru$*¢s' re￿rt and a directOT5' report under compony law. The tN5tees LThfiTtn that the Annual Report and fin8nci￿ $tat¢ments of Ihc charithbl¢ ¢ornpAny comply with th¢ cvrr¢Dt siatutory requiTem¢nts, lh¢ rquir¢m¢nts of the chuitable ciMipNw's governEn8 dixum¢DI and thE pmvisions of ¢he Stsiemenl of Recommcndd Prn¢ti¢e (SORP) applicabl¢ to Gharilies prepartng their accotsrtts in aC￿rdanCe with the Fin&nct81 Reporting Stsndard applicable in the UK )Jd R¢public f Ireland (FRS 102) (¢ff¢cdve l January 20191 Since the co]npany qu¥lif2es Ss small und¢r wtion 382 of the Companies Act 2006. the Strategic R¢pNt required of rnedium and l•rge ¢omp&nie5 under ¢h¢ CompniesAct 21x16 (Str#¢¢gi¢ Re￿n and Direclor5' Report) Re8uialions 2013 ha5 omit*d. Oble¢tlvu 8Ctlvltit5 Polltlej aRd obit¢tiY Maidstone Community Support Centre c5tabli51Kd tv promole anv charitablc purpose for the tenefit of th th)Mm￿lty in South E8St EnglaNd in prticular. the o(1Vw￿eMeftt of ￿1￿cItIOn. the PFOL¢¢tion of health and the Telief of poverry. db5trcss and 5irkn¢ss. The i)rirKipo1 m¢thod of delivery of (xtrcb￿It2bIe aims ks been through the prowsion of Jffordobl¢ offi¢¢ and meeting 5pa¢¢ w¢FÉtiites and lik¢Tnindrd or8akisation& Thr5c f8cilili¢$ snd the infraStn￿lure 5uppM)nÈThg them arn provithd OA a mutualty acceptabl¢ bui ¢osi 1)gsis. We fwther pwmot¢ our cbarithblv aims provision of a rnyof attivitÉe5 tha1511PIKlrtth¢¢onmwity who are disadvanla8ed by Social or h¢alth i55ue& In sdtingobie¢tiY¢s¥Thl pl•min8 foractiviti¢s tk tsystees bave given ¢onshkration to BenETrI guidjnte pthlished by thc Chtiwity rnmisgioti relating lo publir barfiL including the guidancr Trbli¢ ljenefit: running N ¢harity IPB2)'. M•lll 8¢tMtle8 uttdtrt*ken kn> further tkncoJyny'spuwseB tor ihepublk b¢tt¢fii The charity'5 15 d¢Ti%'¢d in the rnain frnm liccnr¢ frts from the pYoTrisioTh of T¢n*d offE¢e &xxommLyJation and the wÈonal hiTe of its mecting tr8inin# r¢xNn faciliiKes ¢bgritiesandother lik¢-minded OT8ani5ation& WE hav¢ ntst incre45ed the lic¢nc¢ fees or 5es5ional clwr8es SiDce Awil 2020. By wividin8 fa¢iliti¢s t(* usersof the Crt w¢ seek to fvrthcr supwrt ourk¢y stakeholder5 duringdiffi¢ult time The cwrently ernpIoy5 7 stsff at the iiwEof sigtiiog this t¢ Maithne Commwiity S￿p￿)rtce￿tseCO￿tsts￿¢S look at developing8ttd 8fOWiD8 its Tok as an importanl ￿et 10 tbc iocBI cofflmuttity. Aeblevements gnd ￿rf￿rnI*nC¢ Rtvlew of 8¢tlvitlpJ period uThler ￿LeWMcSc saw 8 st￿dY fijll occupancy as most Licence holders th¢ir offices aftw & peTityJ of'Hom¢ Working, dTiveD by th¢ Covid Pandemic. Whik some organisa¢ions chose to make ILom¢ WOTkingth¢irprefenEd option and tenni[￿ed th¢ir licerKe agreen]¢llt5 with MCSG il WH5 ￿$9]bl¢ to fill the vacancics crtated very qutckly. At tbE yeart least the volunt3ry s¢¢lor. cwsed MCSC Li¢erte ILoldeTh ￿ fo¢e s¢rious operational qufs1io￿S. lo go or not lo go. To assist Licentt hold¢rs. th¢ MCSC Tnjstee Board took thc d¢¢ision to *b50rb the WLergy cost Ènue45e during th¢ re￿rtIng period and turth¢r ty limit the reni increase for 2023124. These decisiorb5 ww¢ w¢II receiv¢d by Lictncc holdets who welconkd the finarL¢i81 support from MCSC. Despite the steep riK in ¢n¢w costs the high ￿flation r4t¢ ¢urrently being rxwim¢¢d NfCSC is coautyitt￿ totontintsing its Prog1w￿Me of imprnvemxth kn the i￿l￿dIng￿nd its servicc dclI￿ry. Significant inveslmcnl 15 comrnitted to improvcmcnts in commwiicati(Ms and IT 5ervÉce5 withitt th¢ buildiD& Improvement5 to th¢ R¢¢¢ptÉon area are pl#w)Ed tts in¢lu(k the replacctlleth Df the front dgDr. The Trustee Boardtsk¢ th¢ oppormnity lo th¥Jth th¢ Chi¥f ExKulive atyj %t8ff tearn forthcii contributioo to the syc¢¢ss of MCSC. pJrti¢ulaTly duriag th¢5¢diffi¢ult titt*s. I￿est￿￿t pollcy *nd perforrnancE Inth¢ pjst nx)stof the c￿tre.$ fu#ds w￿¢ required tv bc 5prnl in th¢ short terni aRd funds wtt¢ thol avaklable for long t¢rEn invtslmcnL Recent year5 hthv¢ s¢¢n a s¢xsible irKTeasc ID FcptslchaY8es both foroffice spw¢ th sessionol room hirt. A d¢termtnation to k¢¢p offices 8t IIMY/o o¢¢w 8nd incre45LII m*rkrfin8 of dr￿licallY improvd f8¥'iliti¢s h&$ seen a su￿1￿5 yof Ot) year in recenl liu￿5. The bulk ofthi$ s¥tylu$ 1$ eannarked for fuDJrc woths Ihe aforerneDtiond ￿aInte￿a￿e improv¢ment pl8n 2nd is iThvcstryJ in an rntrntbeaYith8 accouth. Given th¢ ¢urrentecoDomic Clima￿ options for secuFe invtstmcniopwniiies are limitd but the Bo8rd keep& thi'$ ￿￿erconsta￿lIt¥lcw. In 2022-23 the h18￿< in Krni Sows wa5 £15,270. This deposTt is lOat￿d or r¢in￿￿e￿ for ¢*xnmunity benefit. FITh￿¢￿1 revl¢w GDiDlfOII¢¢rn After fjjaking oppE0r￿dIe enquiric5. th¢tslJSte¢s have a rea50nabl¢¢xpewaiion that the conyJnyha5 yk4U&te resources tacontinur iti opetational exi51CEKC foT ih¢ fiytteeable futuK Fwthis th¢y wntinue the going concern basis inprqwingthe fuwi¢iAI sw¢m¢mt& Futther d¢tsils regording the adoplion of th¢ 80iD8 concern can b¢ fowtd itt the a¢u￿nI1ng policie Please 5cc rK>li¢y 2.3 for futtkrdelaiLs of why th¢ tntstrfs hav¢ reached this conclu¥iots. Res¢r¥¢s polley The bwsttt5 havc rrview¢d th¢ ¢yrteni fiTwi¢ial P0$bt￿)n•￿ 8ny chan¥e5 aT¢ de#iled below. Additionally th¢y have a8red to mailltsin th¢ ¢w79nt TEserves roli¢y. Tbechzrity t￿dE&V0Urs ￿ ¢n$t￿e sultainttbk Te$rr￿ for futslE yea1¥. At 31 Ma￿h 2023 the chwity hdd totsi ￿serveS of £598,75212022.. £632.357), of whKh £169,648 (7022.. £173.667) wrrr ￿trICt Unr¢stricied funds of £429.104 QO?2.. £458,690) included a de5iguNt¢d fwid of £56.79812022: 46.516) r¢lated io the charÈW$ opeJztiona] fithl &sseLs. &taiJed IN note 13. Th¢ ¢haEity thEr¢th had ￿￿ktelY free ￿nCr41 of ￿72.306 Q022. £412, 174). D¢tailed btytiDg and fiTwJ¢ial Rwew5 tske place at ￿gular int¢rvals during yw. The Organi￿110n's INSI￿ maLtttsin a prudcnt aPPTr•cb to the curTeo1 ws¢rv¢ Prineipol rlsks and uDrertain¢ieJ Thi5 y￿1.$ fmancial perfoTmatt¢¢ Iw c(mtinueil in the p￿vIously ¢8tablished pattrrn with th¢ ¢On¢inuin8 Governmcnt sip*¢zr public 5￿tOr Expenditsr¢ having some 1rnp￿t ort our users. Ayinstthi5 htkMrwThJ suificient fuJ)ds hav¢ l*en 8enerat¢d ￿ maintAin building at the wuired l¢vel and lo add some additioDal faciltlt¢5 ne¢d¢d to keep our offcTing at a competitive level. Away fmm any ling¢rits8 COVID-19 relat￿ i$5ues. the prtncipal ridt lu th¢ ¢b￿lty is that of uscr groups leavin8 the building and th¢ ttsultiE)8 risk thi. Should it not be po%sible to rcpla¢¢ any l¢av¢rs in the short temL thi$ weuld result in a declin¢ ID income. Pw3 Maidstone Communlty Support Centre {A Company Llmlted by Guarnnt¢e> Tr￿Ste￿, Report (eontlTrued) For the Y¢Ar Ended 31 March 2023 d. FID8ncl81 rlik llbanig¢mttt•bJedfves and policies The M￿1¢8￿ principal financiHI mwwnt policies Are in ￿sPeCt of managing T¢S¢tves arml managing Tisk. These are described in (b) and {¢) abov¢. Rtwkw Trf r¢iults for 202>23 ov¢r811 financial Trsuli for 2tr22r23 shows a nrt der￿￿5¢ in fi]nds of £33.605. Thi5 rrsult iwluths signifiL*nt ¢xp¢Nlirw¢ on the buildingT of £S9,142 in respect of the ￿ruTbiShm￿Tht and painting of all thE WEarWi￿d0w￿ itist3lL41ion of n¢w guttering. The uftderlying T¢5uk ¢x¢ludiD8 this expes¥JityLr was thetefore a surplus of £25,537. Th¢ over011 deficit WB5 thErefO￿ in lin¢ with tr￿Elee5. eXI￿allor￿. aDd Ihcy wur pl¢wd with theundcrlying r¢$ult. Charitgbl¢ iworne from li¢onc¢ fe¢$ sftd s￿10￿ income was up by £59,745 compaTrd to 2021122. with the wiorycaraffetted by the Coi'.td-19 pand¢mi¢. Whilst Ihe In￿¢¢5 were pleAsed t05ee thc incTW¢. th¢y nolul this SOUTCe of incom¢ had still notrecov¢w¢J to pr pandemic Icvcls Il¥¢en¢e fee Jnd ￿510￿ snwme in 2019120 wa5 £355k). Staff foliow•J by prwTrig¢s¢osty. ￿￿ethe eKp¢m¢. Th¢ forthe year Split bctw¢¢th fynds is shoMQ on the of Sialementof Finall¢i#l A¢iiviue& with th¢ D4iryity ofall incoiiiB4nd expendiwRdwing thp pssÉngthwuBh 8eneral ￿n￿striCted fu]¥1 StThc¢wre?gDv¢rn*thte Jhnnatrwbe*t Maid5tOnE Commwtily sup￿￿ C¢ntre is Tcgi$t¢red as achfiritable compmy limitedby (COTnPWy regisiration no. (Y2045986) aod was Set up by a Mtmm(hmi of As9)cioti￿. It was incol￿ra￿ on 12 Augyst 1986. The M¢rniv5 of the ti>mpany are th¢ Truttees and swh other per50n5 ￿ b(Ali yourex¥rniRttTnu* b¢ a tkemFxr of a bDdy list¢d ID seclioo 145 of thc201 l A¢1. I confirn thwi l amqualified ￿ unthnakc thr ¢xamin*ii)n l amarnrmt*of the InstitUEe of chwtrr￿ Ac¢ountam$ in Englgttd and Walffj which ison¢ of the lis*d bodie I bave completed my wmi#ation. I confirm thui nD m&tt¢fS tTrove ¢ome to my attcnlion its Conti￿110￿ wlth the examiDg1ion living rne ¢8us¢ tA) believe: accowiling Tvetsrds were not kept in Tts￿ of ihe ¢ompnyas tequired by Secti￿ 386 of the 2(X16 Acl: or the not accord with those re¢ords; or th¢acuAMJts thot ¢on4)ly with theaccounting wuttemenls of sectÉon 396 of the 2(Xkn A￿ other than 3￿Y TequÈErment thDt I accounis Bive and foirf view wthich is not 4 matttrcon*dcred as pNrt of Ithd¢￿ examiTtatiOlb: (V have htrt I￿¢Th pr¢pgred In •¢¢ordan¢e with meth￿$ Ind pri￿*pIeS of the Statrm¢ni of R#omrnertskd Pra¢tK¢ foraccouniing and woniD8 by chariti¢$1opplicable iocllarities PTCWin8 theira¢counts in accoTd•Jce with thc FiLWKi Reportiog Stsnd•Td applicable in the UKaNd R¢pd>li¢of Ireland (FRS 102)]. I have con¢¢m$and havecome4cmss no other mattw5 in ci1nti¢thion with the exami￿ lo whi¢b aitrntion should bE tha￿￿ in this TCPOrt in otsto enabl¢ a proper of the accounts ¢0 bE wh¢d. Thi5 r¢port is Dwde solety to the cOmpn￿$ trust￿. 1&8 brdy. in ac¢ordattce with Part 4 of thc Charitses (AccouDts and R¢wrts') Reglllalions 21x18. My workhasbeen U￿lert￿th $0 I might 5tste to tELe COJDp4D￿5 truslet5 those matseT5 1 ?TD miuirtd to 5tateto th¢m in an Indepethl Exwminels Re￿rt End for DO oth¢r puryose. To Ihe fullest ¢xtent peThnitt￿ by law, I do notacceptora5SUn reBpon¥ibility LoaTryone oth¢r than th¢ ¢ompany and the compffiy'$ InJsw& as a body. formv work or fwthis repJrL Sign¢d'. Dat￿. Allan R. Htckie BSC FCA LIHY Hsck¢r Yowl Chartered AcuuJii8nts Thames Ho Roman Square Siilijjsbourne Kent. MEIO 4BJ Page O Maldstone Cornmunity Support Centre (A Company Llmltsd by Guarantee) Ststemenl of financial actlvltles Oncorporatimg inconw 4Dd expendl¢ure Alco￿￿t) For the Year Ended 3l MArch 2023 Unrestrleted funds R￿trIct¢￿ fuTrds 2023 Tol•l foMd$ 2023 fvftdf 2022 tome from: Do￿110￿$ and ieg8Ci Charitable activlties Inveslmcnts 73.772 252.J47 312,592 312,592 1.941 Tthal in¢w¢ 314.533 314.533 326,00(1 Charilabt¢ a¢tivilies 343,920 22T8 348.138 280.077 TotslexpenditUTe 345.920 2.218 348.1311 240,077 Net{¢￿¢￿￿1*llreyloCOmE (3138n 1.80J {2,218) lJ.8011 133.6051 4&J83 15 (29,5861 {4.0191 133.6051 46.583 Total funds fo￿6￿1 NCtMtsv¢m￿t fulld5 458.690 173.667 {4.019) 632.357 (33.(rf)5) 5J5,774 4¢383 {29.586) Trta] [￿Dd5 ewTitd forw*rd 15 429.104 169,648 598.752 632.357 The Statcm¢nt of f￿ancial Activiti¢$ in¢lud¢s all ￿n5 and Io&K5 Ewis¢d in the ye￿. The ￿tr5 on Wdges 9 to 19 fL¥m partof th¢5¢ financial stslem¢nts. P8g¢ 7 maid5t0￿¢ Community Support CeDtvt (A Company Limited by Guaraitee) Reglstered number: 02045986 Balance Sheet As At 31 March 2023 21123 3022 Flxed THngible Lsse15 rrtTrt ￿sets 22ffj446 238,369 Debtors C4sb at b&nk and in haod 12 5J93 417,lYJO 9,358 424,J47 422.893 433.905 credito￿.. #rmunts falltngdue within one ycar 13 (37,4911 123.595} Net Amets 385,402 410.311) Totsl 8Ssets lem current lilbilhties 611.848 64&6741 Cr¢dttot5'. ar[￿￿￿ts fallirtg Afternk)re thHn Dne 14 (13.096) (16.322) Tgtsl net 598.752 fj32.3J7 Charlty R¢sirr¢led fund5 LInT￿tr1ded fvnds 15 15 169.648 429.104 173.667 458.090 98,752 036.J57 The wnwany was ¢ntstkd ED exemption from audit under section 477 of ttte Companies A¢t 2W6. The mEnknet5 not mitiired the company to obtsin w audii fwthe year in iti¥c¢wd8nc¢ with Section 476 ofCompa#ies Aci 2006. Thr g¢knowlodge their rE5t￿$]￿lI]ll¢s for complyiD8 with tlK Fquir¢m¢ntsof the Act with re5￿Cl to aGryJuntin8 t￿OrdS and eparation offina￿l￿1 stfftm¢E)Is. Th¢ fln9￿la] staternents hav¢ been pffyared in accordance with the provisioLs applicabl¢ to ¢ntiiies SLthje¢tto the small cornp&nic$ The finanrial slatem•ts were approved and authorisd for issue by the trusfrrs ind 5igncd oft I￿&r behalf by: Pd¢r Cos R*yo*nd Harrfg D#*: 2G I￿1 toLJ The not¢s on pa8es 9 To 19 tomi part of these finan¢tal statements. Page 6 M8idstone Community Support Centre (A Company Llmlt¢d by Gu4raotee) J¥ole$ i• tbe Flnancial StatemeDts For the Year Ended 31 M8r¢h 2023 G¢neTal lTrformxtS0 M&id%tone COD￿u￿1ty Support C¢ntre 15 8 charitabl¢ romptty lirnited by guardTht4 R8iSter&4 In England at￿ Wales. The I¢￿d office is 39- 48 N4ar51wn St￿. MaidstorK. ME14 &HH. At¢•llDtlog pollcles Th¢ financial statunuJ¢5 b4vr Iwi prtpaTed its xcordtsnce wilb Ihc Chtyri¢i¢S SORP IFRS 102) - A¢¢ountin8 and Reporting by Cbaritith Statemepl of R¢wnmended Practice applirable lo Charities prcparing th¢ir o¢co¥nts tn accorda￿¢ with thr Fbnèn¢i￿ Reporting StsDd•rd ypli¢abl¢ tn the UK and Republic of Ireland {FRS 102) (¢tf¢ciive March 20181 th¢ FinwKb&l liqKrf¢ing StaDd8rd Bpplicabl¢ its the UKaDd Rep￿]1¢ of Ir¢lwd(FRS 102) and th¢Companies A¢i 21K¥J. Maids￿￿ Cornmunity Support Centrt mEets thc defini￿ of 8 pllblic benefft enitry FRS 102. Ass¢ts liabiliiies #r¢ initially recogni5ed at histcrfiul c05tor rrans#cOOD value unless othcrwi5e stJI￿ in the relevant accowiting policy. IZ Comp*Dy Status Thr is 8 comparty limited by 8uaraThtee. The leg￿ munbers of the compAny atr the tr￿Stee5 namtd on py l. Jn the eve￿ of the Company b¢iDg W(MUtd up. the li&bÉlity sn r•t of the 8Wfllnt¢e is lim1￿ ID £1 w member of the 23 Goine coxern Tht Tn￿¢¢5 ¢onsidered wlltthcr thEy b¢li¢v¢ the ¢￿)￿b]e o)mptyy will have rt50urces tu ¢orrtinu¢ ID ope￿10n•1 tKiHeJwv thv foreseeable fittutr, aEMI whrth¢r th¢re ￿ Xby Tmtwial UnLrrtaIhti￿ aFTr)ui the ch￿lty iYIIP•Vs ability to as a going concern for 4 pwiod of at 1gAst on¢ yEar fiwi lh¢ date gf iythwiMtion of thr fil￿￿1$1 styt¢meiii& At thE lim¢ of 8pprovg1 of these fitancial slaiWw￿ the clMrithbl¢ compally hcalthy ash 4 bat)k and frcc Thcrvc tdanCe￿ and with yw-tothle maJJsgemthi ￿QU￿1￿&t￿rornIlI10n for¢cgsts for the Iwrlve months indi￿tillg thbt there arc no Ma￿*11 wicertaiDiies over gomig ¢oncern, the ha￿ ¢ottcl￿ th8t it ¥etllOill5 appmwiate to pr¢pa￿ ¢bE fmaDcial stateEn¢nts on thc Boin8 conc¢rn ba51$. 2.4 Ineome All inGotw is T¢¢oBnised OTtc¢ ¢bE Gomparty has entitietUeDt ts) th¢ i¥J¢om¢, it 15 wobhble thot the iDcntrib￿lOth pwsion scherne aDd the p¢n5iou ¢IwTg¢ r¢pr¢%ents the amounts ￿dYabl¢ by th¢ comparty to lh¢ in res￿1 of th¢ ycar. Page 10 MaldstoTre Support Centre {A Company Limited by Gu•rantee) Notes to the Fln8n¢ial StAtements For the Year Ended 31 Llqareh 2023 Attountlnp poll¢l¢s (contlnuedl 2.111 Fund *¢tou#dng Genernl fyJd$ aff unTtSlTiclui fund5 whirh are I￿1]￿ble for at th¢ d￿¢￿10￿ of the trnsteas in furthcrnn¢¢ of the 8tneral obie¢tiv¢s of the compally and which hav¢ oot been designated foT oUi¢r pyfj)trses. Desi8natrd funds wznpri% UDrntri¢t¢d furbds that hwc b¢rn set ￿ld¢ by the intstees for partielllar p￿pOSe￿ Tht aim a¥Jd ux of each designated fund i& setout in the not&s to th¢ fiDoo¢ial Statements. R&8tricted funds aT¢ fund$ whi¢h are to be used in accordanrr Specif￿ restriLXioD5 iWP05ed by dothots or which have bcrD rdisrd by th¢ company for y4rti¢ul•r pwposes. The costs of rnising attd administerin¥ such fund5 are ¢hary¢d a8aiEh51 th¢ sp¢¢ifi¢ fvjd. The aim and us¢ of ¢H¢h T¢stricied fvnd is set out in th¢ JJol¢s t¢b the fitTrancial statemen an￿st￿rnI income. 8ains and1055r5 aTr allo¢a*d to th¢ awjmprith fvthd. l#¢ow from thn•tioDS legxde8 Unrestrlcted T•tsl TolNrl 21123 2023 21122 Goyer￿Me*¢ grontS COW[￿19 Job r¢trntiutL scheme Covi[￿￿9 Moidstone Bornugb CouEbril 22,JOS 50.608 999 73, 772 Ahulvsu 012022 to￿1 h,fvNtl IntO￿t charithbl¢ a¢ttvltles Uwre5tTl¢t Total funds 2f123 rt7ts1 fjinds -w22 2023 LiccncK fee5 and session Éntome 312392 312592 953,847 Anal)5￿ of2022 rotlllb)fvThl ?5.',847 252,847 Maidstone Community Sypptyrt Cen*re (A C•mpany LI￿￿ted by Guarantee) NTrtes the FlnAneial Statsmewts Ftsr the Year Ended 31 M4Tcb 2023 Inve5tffleNt U*r¢strkted nds 21b23 Total nd5 ZlJ23 fvnds 21122 lttvesttnetht in¢ome 1.941 41 of2022 tothlbyfvnd 41 41 AJ•lyiii of expERdltDre on ¢h•Yl¢4bk¥tfvities Sy#)m8ry by l￿d type ilwreslri¢led Re5tr1cted 2OZ3 202) 2023 2022 Dirwt¢haTit¥bl¢ Purp￿￿$ 345,920 1218 348.138 280,1)77 AnHfy'.%&F of2022 101￿1b￿fv￿d 2-,7.I59 2,2J8 ?110,U77 1% •fe41endlluYe by *dlvitks Totsl nd$ 2023 Tothl DiYe¢t eOAts Support tO5ts 2023 2023 2022 Direct charitable puw0s¢5 i5,732 406 348.138 2NO.OT7 of3Q22 IQMI 2?1.6n&" 5¥.4t59 ?IQ.OT7 Pw12 M4ldstt*n¢ CommuThlty Support C¢ntre (A Company Linlltrd by Guarantse) Notes to the Fin¥n¢ial Statrments For the Year Ended 31 Mareh 2023 Anglysls of expwjditure by •¢*ivltles {tontlnued) AnAlysls ofdirnrt ¢o¥t$ Totsl Toiol fv￿dE 2023 2023 Stsff ¢(*ts 157.152 6.8911 23.114 25,806 22,420 342 152.420 6,404 10.473 32.950 19.169 18 Water. sewernge Ind w85t¢ Light and beat Coffte shop 235.732 Totsl funds 2D23 Tolol 2022 Dewcciation Donations Rewdirs and ￿￿1￿￿11￿TIce 14,791 Jl,P56 0.432 57,106 5,314 4.230 12,063 2,9J3 1,183 63(1 2.512 68.82Q 5.62Y 4.642 11.363 2.800 Accwjkn attd payroll ¢lwgr5 Telephone Offir¢ ¢xpet)walld ¢taÉnin Photr￿0pler cost5 B4Dk ¢1ofg¢S 8nd inteTest Genernl ¢xpw5 B•d debts 716 2,399 466 511,409 Pag¢ 13 Maldslone ComtDUDity Support Centre (A CompADy Llmlted by Gvrantee) Note5 to the FlnaDcial Ststements For the Year Ended 31 March 21123 IndeP￿￿tAttXXnts,S reM￿tItitIOn The indepcnd¢nt ¢xamineWs reDIttTmtioD aTDounts to ￿ tndependenLexaroiner f¢¢ of £3,660 (2022: £3540). and other %rvi¢ of £982 (2022.. £1,092). Staff eosts 2023 2022 a8C5 and sxlaTi¢ Social security costs ConrributioH tu defiRd ¢OffttsibutiOD pension srh¢tses 145278 92 139,215 7,292 5.919 157.152 152.426 Th¢ averagettunthttof pe￿￿¢￿¥￿10Yed by th¢ ¢omwiy duiiD8 the ytarwas a$ follwys". 2023 2022 No employeerettiv¢d aThKJuniiDg thatt £60.OL*) ID either yraF. Key m&nagcmcni ws¢mAel rEce¥ved rCrnu￿0D (l￿1VdIng ejnplojwnational insuTaW¢ contribulions) of £113287 fX122- £JIQ967). Trust¢¢s' During th¢ ye4r, AO IntslEts rffeived ￿]Y f¢mUT￿l0￿ orother beneftts12022. £NIL). During th¢ ycar ¢nded 31 Match 2023. TW tr￿k? ¢ip¢ns¢s have bttn incurred B022. £NIL). P> 14 Maldstone ComrnuDity Support CeAtre (A Comp*ny Llmlted by CuArADtee} Notes ¢0 the FID•D¢lai Statements For the Year Ended 31 March 2023 T*nglble r￿e￿ osx¢ts Freellold Freehold pmptrty prO1￿Y imprnveN*at$ Flxturts fittlngs Tot Al l Atdl 2022 Athjitions 221.765 526.794 2.868 147.132 S95.691 2.868 At 31 March ?023 529ffj62 147,132 898.559 Deprtti*tiOII At l Awil 2022 Cborge for th¢ year 49,899 2,218 480,037 9.611 127J86 657322 14.791 At 31 March 21)23 52.117 489.648 130J48 672.1 li Net ￿l￿t At 31 Mar¢h 2023 169,648 411014 16.784 226.446 Al 31 Morch 2022 171.866 40,757 19 746 238.-169 12. Debtors 2023 2022 TTrd¢ d¢btoTs 4.77 1,123 8.073 1,285 5,893 9,358 Page IS Maldstone Cornmunity s￿PpOr* Centre IA Compatty LI￿￿ted by Guarjntee) Notes to the Flnancial Statements For the Year Ended 31 March 2023 13. Credhors: Amoynts falling duè witbits ooe year 2023 2f122 Other loan5 3.226 4t1 3,226 2.43J 2,493 15.441 Tyade credirors Otl*r¢rtylJtors A¢¢nJg]$ 8nd deferred income 2.4 31.394 37.491 23.J95 Credttors: Anb)unts fal]IDgdu¢ aft¢r m•rt th•ll oneyegr 2023 2022 Other loa 13.096 16,322 PJ8¢ 16 Maldstoxe Communlty Support Cwtre (A Compgny Llmlted by Gu4r*ntee) Notes to the Fitianefial Statements For the Ytar Ended 31 March 2023 25. Stitethtnt of Sfatemeot tsf futtds- t#rrent year B414llce #t I Aprll 2022 Trxnsfers IDlout EipeDditwe March 2023 Uurestritttd fv￿d$ Design￿1￿4 fwlds FTK¢d ass¢t ￿nd 4A516 {12,STJ} 22,855 56,798 GeDer•l fwods 41? 174 314.533 (333.A71 121.0541 372.306 Total u￿￿triC￿& 45&6 314,533 (345,9201 I,¥oi 429.104 R¢sb*ted It￿ fu Big kntery gmt 171.866 1,801 112181 169.648 (1,8011 173,667 12218) (1.801} 169,648 Totslof 632.357 314.533 {34&138} 59N,752 Uwtttriciedfutth Tre rtesigna￿d fixed a5sd ￿1]d represents the net book Val￿ of tAEW"bk fixed &*ers fuDdeAI from utir¢gtrieted 8etwal funds. The differ¢n¢e b¢tw¢¢n thc carri¢d forwardbolarLee OJJ this fiJnd and thc ¥wJy¢ of taE18ible fixd 25sets in notc I I rd¥t¢s to the Ixlanccon the we$tritied eapital Sjnd for fixed ass¢LS a¢quir¢dout of rutsictrd fundin¥. GMerg1 fiwds ltP￿se￿I the'r￿, resetves mdily available to fruste¢$ LO 4)end ￿ they see fitin accord8]￿ wtth the ckwiws obj¢¢iives. The Gapitsj fiujd is respect of capit#l grunts received for thE PVtcha5¢ #ud improverneni of freehold buildings 8r¥l purchase of items ¢qutpmeE)i. Inaccordanc¢ with th¢ 8¢¢oiirtting policy. depr¢(i&tlOD on the asscts ¢onc¢rned 1$ charged &$ an expellse of the testricted fuTMt. The Big L• granl was Tr￿1Ved fotth¢ pmvision of servt¢¢$ ￿lating ￿ melltal health #nd • prowtioD ren￿lI)e￿ un5WIt at the ye8reDd. The transferof £22,855 into th¢ fixed 8wI fvods repres¢nts fJx¢d assa addilions from 2021, 20L* and ?023 which had P[evio￿tY w b¢¢n trdTh5ferrcd. Po8¢ 17 Maidstofte Communlty Support Cenlre (A Company Llmlted by Guarantee) Notes to the FinaDti#l St*temeDts For the Year Ended 31 March 2013 15. Statement of fu*dg (¢ontlDued) StAtemeDt otfunds- prior year Bulonce Expendiimye TroAsfetJ in/ovi 31 M&rch 2022 l April 2021 Unrestritted fubd$ De51gn4ted fwids Fixed asset fi￿d 5&234 (9,718J 46,516 Cener•l GcrtTaE fimd 353.655 326,600 (26&141) 412.J74 T•tsl Uxrestrkled f￿•￿8 409.889 J2&660 (2i7.859J 458.69 Rejtritted f¥#ts 174.¢)8 a.218J 171.&06 1.801 Ba8 lollery 175.885 173.667 T•¢•1 of funds 585. 774 325,060 1£'81J.r)77i 052,357 i& ADalpii of net •¥*1s betwtr• CttDds An*tysk o(#et awels bttweew f￿nd5- turrthlt yeAr U#rystrl¢led Total ZlJ23 2023 1•23 Tan8Jblt ￿ets Current assets CreditOF5 du¢ w]thin onc year Creditors due in AWFe star 5A798 422.893 {37.491) {13.096) 69,648 226,446 422.893 137.4911 {13,096) Total 429,104 169.648 598.752 Page 18 Maldstone CDmrnunity Support Centre (A Company Limited by Gu*r*ntee) Notes to the Financial Statements For the Year Ended 31 Mttrch 21123 An8ly5is of oet assets betwe¢n {tODthiutd) An8lysls of net a95et$ between funds- prknr Unresrrtcfed (und& Rcslriciedfunds 2022 2022 2022 66.503 432,JO4 (23.595) {10.322) 171.806 1.601 238.369 433.9n5 {2J.595) (10,322) Cumt assets CTvthtors du¢ withiti one year Creditors due in more tban one 458.69 173,607 632.357 Total 17. Th¢ tompny operate5 a dcfijwj Ix)ntribuiion scheme. The a55ets of the pttrtsion stheme are held s¢p￿tety from thDye of thc ¢)TnpkEEy in all indepthtly admini￿¢￿1 fvnd. Th¢￿￿10￿ cosl cha￿¢ rwesents¢ontribuiiorLSP8yabk by the •yto the fijnd. Th¢TE W¢J¥ ry) •NW)urtts w8blewthe fjjndat theb81*￿ sbeei date (20A2. £Nil). 18. At31 March 2023 th¢ IxdcuDmiuneffjs ￿ rJ*8k¢ ftstsjte Itasv payllmts wJd¢r rtOfvc￿1abl¢orffitIn￿ It*ses as follows: 2022 Not l#t¢rthw l y¢ar Ldtrr Ibat) l year aE￿ lat¢r th0Th 5 years 8,081 5.?ts5 8,383 13,756 J9,205 RelAted party transaclio Th¢ ¢ompany engaged in transadiottswhth tKrtie5. as noi¢d below. EaGh of these trarJ5acliorn$ We￿ at open ￿Tket valu¢ oron IElln5 equival￿t to those that prevRil in letsgth tt8nsa¢LiOaS. Tbe eompany chargcd of £4.075 (2022- £3.979) to Fen￿elg￿ Coosultirtg. a firni where P¢t¢r Col H ttusi¢t of Mamtilone Cornrt)uoity Suppgrt Celltse is a corLsult*Et At 31 Match 2023 Femleigh Consulting was owed £2,375 (2f122- £J.518) by th company, Is a resulr of Pa￿ in advan¢¢. Th¢ ¢omp8tsy charged T¢n¢of£15,952 12022- £10.352) to Rubicon Caw a ¢]Jarity that Sandra Turn￿, a ¢rns*¢of MaidwThe Comtnunity Support Centre 1$ a of. AÈ 31 Ma￿h 2023 Rubicon Car¢$ owed £51 C022- £21) to thc compauy. Thecomparty mode pttrchases of £630 (2022- £601j) from AnalsyerAccounting Limit￿. a fJTTll that Barry Sn&8iMII is a dirtctor of. The purchaK5 were made prior to B8try s￿￿h&ll,5 resi￿1￿￿0￿ as trusoe of Maidsione Com￿u￿1ty Support C*)tre on 24 Jonuary 2023. Page 19 Reglstered number: 02045986 ChArity rtumber: 295143 Maldstone Community Support Centre (A Company Llmited by Guarantee) Unaudited Trustees, Report and f￿anciAl Statements For the Yexr Ended 31 March 2023 MgidstODe CoThmuDity Support Centre (A Comp4ny Lio￿ted by Guar4i¢ee) Contents R¢ftY¢nce and AdmI￿￿5￿￿tiVe Dd4i]8 of the CoMp￿y. its Tnwees and Advi5er5 TnJs*eg liwt IndepeDdent Ex&rninds R¢1 Stlrtcm￿￿ of Finan¢iat Activities Bal8n¢e Shttt Notc5 ￿ the Fina￿1￿1 StatcnKnt$ 9-19 M4idstone Communlty Support Cea¢ {A Company Ltmited by Guarantee Reference and Adminlstratlve D¢tsll8 of the Comp4Dyy ils Trustees and Advisers For the Year Ended 31 M4r¢h 2023 Trustees Peter Co4 Chair R&yrnorKI Harri$, Vice Chair John Hawkin4 FttTroncal Trtasurer(appoint¢d 21 F¢l)n]y 2()23) Dorothy Phillip5 Bttrry SDsshall. Fin6Dce Diredor(r¢signAI 24 sa0￿ry 21Y23) Sand¥3 TyTr¢r Fiona MaFrin¢r Cowy regbtered BumbEr 02045986 Ch*rlty register￿ 295143 ReBistered 39- 48 MaTshllm Street Maidstone ME14 IHH RowlaT¥J T?bcErr Rowbt)dTaberer UHY Ha¢k¢r Y¢H￿& Clart¢Trd ArtLNmtrnts Tham¢5 Hous¢ RoJJan SquwE Siitin8bourne ME104BJ Page I Maldstone CommuDitv Support Cemtre (A Comp4ny LlJuit¢d by Guarantee) Trustees, Report For the Year Ended 3J M•T¢h 21b23 Th¢ ttustee5 pr¢Knt Ihtii annual report togeih¢r with the financial 51atements of th¢ Company for the ￿riod l Aptil 2022 to 31 Mgrch 2023. The Annual R¢port s¢ry¢s the pu￿05£$ of both fy tru$*¢s' re￿rt and a directOT5' report under compony law. The tN5tees LThfiTtn that the Annual Report and fin8nci￿ $tat¢ments of Ihc charithbl¢ ¢ornpAny comply with th¢ cvrr¢Dt siatutory requiTem¢nts, lh¢ rquir¢m¢nts of the chuitable ciMipNw's governEn8 dixum¢DI and thE pmvisions of ¢he Stsiemenl of Recommcndd Prn¢ti¢e (SORP) applicabl¢ to Gharilies prepartng their accotsrtts in aC￿rdanCe with the Fin&nct81 Reporting Stsndard applicable in the UK )Jd R¢public f Ireland (FRS 102) (¢ff¢cdve l January 20191 Since the co]npany qu¥lif2es Ss small und¢r wtion 382 of the Companies Act 2006. the Strategic R¢pNt required of rnedium and l•rge ¢omp&nie5 under ¢h¢ CompniesAct 21x16 (Str#¢¢gi¢ Re￿n and Direclor5' Report) Re8uialions 2013 ha5 omit*d. Oble¢tlvu 8Ctlvltit5 Polltlej aRd obit¢tiY Maidstone Community Support Centre c5tabli51Kd tv promole anv charitablc purpose for the tenefit of th th)Mm￿lty in South E8St EnglaNd in prticular. the o(1Vw￿eMeftt of ￿1￿cItIOn. the PFOL¢¢tion of health and the Telief of poverry. db5trcss and 5irkn¢ss. The i)rirKipo1 m¢thod of delivery of (xtrcb￿It2bIe aims ks been through the prowsion of Jffordobl¢ offi¢¢ and meeting 5pa¢¢ w¢FÉtiites and lik¢Tnindrd or8akisation& Thr5c f8cilili¢$ snd the infraStn￿lure 5uppM)nÈThg them arn provithd OA a mutualty acceptabl¢ bui ¢osi 1)gsis. We fwther pwmot¢ our cbarithblv aims provision of a rnyof attivitÉe5 tha1511PIKlrtth¢¢onmwity who are disadvanla8ed by Social or h¢alth i55ue& In sdtingobie¢tiY¢s¥Thl pl•min8 foractiviti¢s tk tsystees bave given ¢onshkration to BenETrI guidjnte pthlished by thc Chtiwity rnmisgioti relating lo publir barfiL including the guidancr Trbli¢ ljenefit: running N ¢harity IPB2)'. M•lll 8¢tMtle8 uttdtrt*ken kn> further tkncoJyny'spuwseB tor ihepublk b¢tt¢fii The charity'5 15 d¢Ti%'¢d in the rnain frnm liccnr¢ frts from the pYoTrisioTh of T¢n*d offE¢e &xxommLyJation and the wÈonal hiTe of its mecting tr8inin# r¢xNn faciliiKes ¢bgritiesandother lik¢-minded OT8ani5ation& WE hav¢ ntst incre45ed the lic¢nc¢ fees or 5es5ional clwr8es SiDce Awil 2020. By wividin8 fa¢iliti¢s t(* usersof the Crt w¢ seek to fvrthcr supwrt ourk¢y stakeholder5 duringdiffi¢ult time The cwrently ernpIoy5 7 stsff at the iiwEof sigtiiog this t¢ Maithne Commwiity S￿p￿)rtce￿tseCO￿tsts￿¢S look at developing8ttd 8fOWiD8 its Tok as an importanl ￿et 10 tbc iocBI cofflmuttity. Aeblevements gnd ￿rf￿rnI*nC¢ Rtvlew of 8¢tlvitlpJ period uThler ￿LeWMcSc saw 8 st￿dY fijll occupancy as most Licence holders th¢ir offices aftw & peTityJ of'Hom¢ Working, dTiveD by th¢ Covid Pandemic. Whik some organisa¢ions chose to make ILom¢ WOTkingth¢irprefenEd option and tenni[￿ed th¢ir licerKe agreen]¢llt5 with MCSG il WH5 ￿$9]bl¢ to fill the vacancics crtated very qutckly. At tbE yeart least the volunt3ry s¢¢lor. cwsed MCSC Li¢erte ILoldeTh ￿ fo¢e s¢rious operational qufs1io￿S. lo go or not lo go. To assist Licentt hold¢rs. th¢ MCSC Tnjstee Board took thc d¢¢ision to *b50rb the WLergy cost Ènue45e during th¢ re￿rtIng period and turth¢r ty limit the reni increase for 2023124. These decisiorb5 ww¢ w¢II receiv¢d by Lictncc holdets who welconkd the finarL¢i81 support from MCSC. Despite the steep riK in ¢n¢w costs the high ￿flation r4t¢ ¢urrently being rxwim¢¢d NfCSC is coautyitt￿ totontintsing its Prog1w￿Me of imprnvemxth kn the i￿l￿dIng￿nd its servicc dclI￿ry. Significant inveslmcnl 15 comrnitted to improvcmcnts in commwiicati(Ms and IT 5ervÉce5 withitt th¢ buildiD& Improvement5 to th¢ R¢¢¢ptÉon area are pl#w)Ed tts in¢lu(k the replacctlleth Df the front dgDr. The Trustee Boardtsk¢ th¢ oppormnity lo th¥Jth th¢ Chi¥f ExKulive atyj %t8ff tearn forthcii contributioo to the syc¢¢ss of MCSC. pJrti¢ulaTly duriag th¢5¢diffi¢ult titt*s. I￿est￿￿t pollcy *nd perforrnancE Inth¢ pjst nx)stof the c￿tre.$ fu#ds w￿¢ required tv bc 5prnl in th¢ short terni aRd funds wtt¢ thol avaklable for long t¢rEn invtslmcnL Recent year5 hthv¢ s¢¢n a s¢xsible irKTeasc ID FcptslchaY8es both foroffice spw¢ th sessionol room hirt. A d¢termtnation to k¢¢p offices 8t IIMY/o o¢¢w 8nd incre45LII m*rkrfin8 of dr￿licallY improvd f8¥'iliti¢s h&$ seen a su￿1￿5 yof Ot) year in recenl liu￿5. The bulk ofthi$ s¥tylu$ 1$ eannarked for fuDJrc woths Ihe aforerneDtiond ￿aInte￿a￿e improv¢ment pl8n 2nd is iThvcstryJ in an rntrntbeaYith8 accouth. Given th¢ ¢urrentecoDomic Clima￿ options for secuFe invtstmcniopwniiies are limitd but the Bo8rd keep& thi'$ ￿￿erconsta￿lIt¥lcw. In 2022-23 the h18￿< in Krni Sows wa5 £15,270. This deposTt is lOat￿d or r¢in￿￿e￿ for ¢*xnmunity benefit. FITh￿¢￿1 revl¢w GDiDlfOII¢¢rn After fjjaking oppE0r￿dIe enquiric5. th¢tslJSte¢s have a rea50nabl¢¢xpewaiion that the conyJnyha5 yk4U&te resources tacontinur iti opetational exi51CEKC foT ih¢ fiytteeable futuK Fwthis th¢y wntinue the going concern basis inprqwingthe fuwi¢iAI sw¢m¢mt& Futther d¢tsils regording the adoplion of th¢ 80iD8 concern can b¢ fowtd itt the a¢u￿nI1ng policie Please 5cc rK>li¢y 2.3 for futtkrdelaiLs of why th¢ tntstrfs hav¢ reached this conclu¥iots. Res¢r¥¢s polley The bwsttt5 havc rrview¢d th¢ ¢yrteni fiTwi¢ial P0$bt￿)n•￿ 8ny chan¥e5 aT¢ de#iled below. Additionally th¢y have a8red to mailltsin th¢ ¢w79nt TEserves roli¢y. Tbechzrity t￿dE&V0Urs ￿ ¢n$t￿e sultainttbk Te$rr￿ for futslE yea1¥. At 31 Ma￿h 2023 the chwity hdd totsi ￿serveS of £598,75212022.. £632.357), of whKh £169,648 (7022.. £173.667) wrrr ￿trICt Unr¢stricied funds of £429.104 QO?2.. £458,690) included a de5iguNt¢d fwid of £56.79812022: 46.516) r¢lated io the charÈW$ opeJztiona] fithl &sseLs. &taiJed IN note 13. Th¢ ¢haEity thEr¢th had ￿￿ktelY free ￿nCr41 of ￿72.306 Q022. £412, 174). D¢tailed btytiDg and fiTwJ¢ial Rwew5 tske place at ￿gular int¢rvals during yw. The Organi￿110n's INSI￿ maLtttsin a prudcnt aPPTr•cb to the curTeo1 ws¢rv¢ Prineipol rlsks and uDrertain¢ieJ Thi5 y￿1.$ fmancial perfoTmatt¢¢ Iw c(mtinueil in the p￿vIously ¢8tablished pattrrn with th¢ ¢On¢inuin8 Governmcnt sip*¢zr public 5￿tOr Expenditsr¢ having some 1rnp￿t ort our users. Ayinstthi5 htkMrwThJ suificient fuJ)ds hav¢ l*en 8enerat¢d ￿ maintAin building at the wuired l¢vel and lo add some additioDal faciltlt¢5 ne¢d¢d to keep our offcTing at a competitive level. Away fmm any ling¢rits8 COVID-19 relat￿ i$5ues. the prtncipal ridt lu th¢ ¢b￿lty is that of uscr groups leavin8 the building and th¢ ttsultiE)8 risk thi. Should it not be po%sible to rcpla¢¢ any l¢av¢rs in the short temL thi$ weuld result in a declin¢ ID income. Pw3 Maidstone Communlty Support Centre {A Company Llmlted by Guarnnt¢e> Tr￿Ste￿, Report (eontlTrued) For the Y¢Ar Ended 31 March 2023 d. FID8ncl81 rlik llbanig¢mttt•bJedfves and policies The M￿1¢8￿ principal financiHI mwwnt policies Are in ￿sPeCt of managing T¢S¢tves arml managing Tisk. These are described in (b) and {¢) abov¢. Rtwkw Trf r¢iults for 202>23 ov¢r811 financial Trsuli for 2tr22r23 shows a nrt der￿￿5¢ in fi]nds of £33.605. Thi5 rrsult iwluths signifiL*nt ¢xp¢Nlirw¢ on the buildingT of £S9,142 in respect of the ￿ruTbiShm￿Tht and painting of all thE WEarWi￿d0w￿ itist3lL41ion of n¢w guttering. The uftderlying T¢5uk ¢x¢ludiD8 this expes¥JityLr was thetefore a surplus of £25,537. Th¢ over011 deficit WB5 thErefO￿ in lin¢ with tr￿Elee5. eXI￿allor￿. aDd Ihcy wur pl¢wd with theundcrlying r¢$ult. Charitgbl¢ iworne from li¢onc¢ fe¢$ sftd s￿10￿ income was up by £59,745 compaTrd to 2021122. with the wiorycaraffetted by the Coi'.td-19 pand¢mi¢. Whilst Ihe In￿¢¢5 were pleAsed t05ee thc incTW¢. th¢y nolul this SOUTCe of incom¢ had still notrecov¢w¢J to pr pandemic Icvcls Il¥¢en¢e fee Jnd ￿510￿ snwme in 2019120 wa5 £355k). Staff foliow•J by prwTrig¢s¢osty. ￿￿ethe eKp¢m¢. Th¢ forthe year Split bctw¢¢th fynds is shoMQ on the of Sialementof Finall¢i#l A¢iiviue& with th¢ D4iryity ofall incoiiiB4nd expendiwRdwing thp pssÉngthwuBh 8eneral ￿n￿striCted fu]¥1 StThc¢wre?gDv¢rn*thte Jhnnatrwbe*t Maid5tOnE Commwtily sup￿￿ C¢ntre is Tcgi$t¢red as achfiritable compmy limitedby (COTnPWy regisiration no. (Y2045986) aod was Set up by a Mtmm(hmi of As9)cioti￿. It was incol￿ra￿ on 12 Augyst 1986. The M¢rniv5 of the ti>mpany are th¢ Truttees and swh other per50n5 ￿ b(Ali yourex¥rniRttTnu* b¢ a tkemFxr of a bDdy list¢d ID seclioo 145 of thc201 l A¢1. I confirn thwi l amqualified ￿ unthnakc thr ¢xamin*ii)n l amarnrmt*of the InstitUEe of chwtrr￿ Ac¢ountam$ in Englgttd and Walffj which ison¢ of the lis*d bodie I bave completed my wmi#ation. I confirm thui nD m&tt¢fS tTrove ¢ome to my attcnlion its Conti￿110￿ wlth the examiDg1ion living rne ¢8us¢ tA) believe: accowiling Tvetsrds were not kept in Tts￿ of ihe ¢ompnyas tequired by Secti￿ 386 of the 2(X16 Acl: or the not accord with those re¢ords; or th¢acuAMJts thot ¢on4)ly with theaccounting wuttemenls of sectÉon 396 of the 2(Xkn A￿ other than 3￿Y TequÈErment thDt I accounis Bive and foirf view wthich is not 4 matttrcon*dcred as pNrt of Ithd¢￿ examiTtatiOlb: (V have htrt I￿¢Th pr¢pgred In •¢¢ordan¢e with meth￿$ Ind pri￿*pIeS of the Statrm¢ni of R#omrnertskd Pra¢tK¢ foraccouniing and woniD8 by chariti¢$1opplicable iocllarities PTCWin8 theira¢counts in accoTd•Jce with thc FiLWKi Reportiog Stsnd•Td applicable in the UKaNd R¢pd>li¢of Ireland (FRS 102)]. I have con¢¢m$and havecome4cmss no other mattw5 in ci1nti¢thion with the exami￿ lo whi¢b aitrntion should bE tha￿￿ in this TCPOrt in otsto enabl¢ a proper of the accounts ¢0 bE wh¢d. Thi5 r¢port is Dwde solety to the cOmpn￿$ trust￿. 1&8 brdy. in ac¢ordattce with Part 4 of thc Charitses (AccouDts and R¢wrts') Reglllalions 21x18. My workhasbeen U￿lert￿th $0 I might 5tste to tELe COJDp4D￿5 truslet5 those matseT5 1 ?TD miuirtd to 5tateto th¢m in an Indepethl Exwminels Re￿rt End for DO oth¢r puryose. To Ihe fullest ¢xtent peThnitt￿ by law, I do notacceptora5SUn reBpon¥ibility LoaTryone oth¢r than th¢ ¢ompany and the compffiy'$ InJsw& as a body. formv work or fwthis repJrL Sign¢d'. Dat￿. Allan R. Htckie BSC FCA LIHY Hsck¢r Yowl Chartered AcuuJii8nts Thames Ho Roman Square Siilijjsbourne Kent. MEIO 4BJ Page O Maldstone Cornmunity Support Centre (A Company Llmltsd by Guarantee) Ststemenl of financial actlvltles Oncorporatimg inconw 4Dd expendl¢ure Alco￿￿t) For the Year Ended 3l MArch 2023 Unrestrleted funds R￿trIct¢￿ fuTrds 2023 Tol•l foMd$ 2023 fvftdf 2022 tome from: Do￿110￿$ and ieg8Ci Charitable activlties Inveslmcnts 73.772 252.J47 312,592 312,592 1.941 Tthal in¢w¢ 314.533 314.533 326,00(1 Charilabt¢ a¢tivilies 343,920 22T8 348.138 280.077 TotslexpenditUTe 345.920 2.218 348.1311 240,077 Net{¢￿¢￿￿1*llreyloCOmE (3138n 1.80J {2,218) lJ.8011 133.6051 4&J83 15 (29,5861 {4.0191 133.6051 46.583 Total funds fo￿6￿1 NCtMtsv¢m￿t fulld5 458.690 173.667 {4.019) 632.357 (33.(rf)5) 5J5,774 4¢383 {29.586) Trta] [￿Dd5 ewTitd forw*rd 15 429.104 169,648 598.752 632.357 The Statcm¢nt of f￿ancial Activiti¢$ in¢lud¢s all ￿n5 and Io&K5 Ewis¢d in the ye￿. The ￿tr5 on Wdges 9 to 19 fL¥m partof th¢5¢ financial stslem¢nts. P8g¢ 7 maid5t0￿¢ Community Support CeDtvt (A Company Limited by Guaraitee) Reglstered number: 02045986 Balance Sheet As At 31 March 2023 21123 3022 Flxed THngible Lsse15 rrtTrt ￿sets 22ffj446 238,369 Debtors C4sb at b&nk and in haod 12 5J93 417,lYJO 9,358 424,J47 422.893 433.905 credito￿.. #rmunts falltngdue within one ycar 13 (37,4911 123.595} Net Amets 385,402 410.311) Totsl 8Ssets lem current lilbilhties 611.848 64&6741 Cr¢dttot5'. ar[￿￿￿ts fallirtg Afternk)re thHn Dne 14 (13.096) (16.322) Tgtsl net 598.752 fj32.3J7 Charlty R¢sirr¢led fund5 LInT￿tr1ded fvnds 15 15 169.648 429.104 173.667 458.090 98,752 036.J57 The wnwany was ¢ntstkd ED exemption from audit under section 477 of ttte Companies A¢t 2W6. The mEnknet5 not mitiired the company to obtsin w audii fwthe year in iti¥c¢wd8nc¢ with Section 476 ofCompa#ies Aci 2006. Thr g¢knowlodge their rE5t￿$]￿lI]ll¢s for complyiD8 with tlK Fquir¢m¢ntsof the Act with re5￿Cl to aGryJuntin8 t￿OrdS and eparation offina￿l￿1 stfftm¢E)Is. Th¢ fln9￿la] staternents hav¢ been pffyared in accordance with the provisioLs applicabl¢ to ¢ntiiies SLthje¢tto the small cornp&nic$ The finanrial slatem•ts were approved and authorisd for issue by the trusfrrs ind 5igncd oft I￿&r behalf by: Pd¢r Cos R*yo*nd Harrfg D#*: 2G I￿1 toLJ The not¢s on pa8es 9 To 19 tomi part of these finan¢tal statements. Page 6 M8idstone Community Support Centre (A Company Llmlt¢d by Gu4raotee) J¥ole$ i• tbe Flnancial StatemeDts For the Year Ended 31 M8r¢h 2023 G¢neTal lTrformxtS0 M&id%tone COD￿u￿1ty Support C¢ntre 15 8 charitabl¢ romptty lirnited by guardTht4 R8iSter&4 In England at￿ Wales. The I¢￿d office is 39- 48 N4ar51wn St￿. MaidstorK. ME14 &HH. At¢•llDtlog pollcles Th¢ financial statunuJ¢5 b4vr Iwi prtpaTed its xcordtsnce wilb Ihc Chtyri¢i¢S SORP IFRS 102) - A¢¢ountin8 and Reporting by Cbaritith Statemepl of R¢wnmended Practice applirable lo Charities prcparing th¢ir o¢co¥nts tn accorda￿¢ with thr Fbnèn¢i￿ Reporting StsDd•rd ypli¢abl¢ tn the UK and Republic of Ireland {FRS 102) (¢tf¢ciive March 20181 th¢ FinwKb&l liqKrf¢ing StaDd8rd Bpplicabl¢ its the UKaDd Rep￿]1¢ of Ir¢lwd(FRS 102) and th¢Companies A¢i 21K¥J. Maids￿￿ Cornmunity Support Centrt mEets thc defini￿ of 8 pllblic benefft enitry FRS 102. Ass¢ts liabiliiies #r¢ initially recogni5ed at histcrfiul c05tor rrans#cOOD value unless othcrwi5e stJI￿ in the relevant accowiting policy. IZ Comp*Dy Status Thr is 8 comparty limited by 8uaraThtee. The leg￿ munbers of the compAny atr the tr￿Stee5 namtd on py l. Jn the eve￿ of the Company b¢iDg W(MUtd up. the li&bÉlity sn r•t of the 8Wfllnt¢e is lim1￿ ID £1 w member of the 23 Goine coxern Tht Tn￿¢¢5 ¢onsidered wlltthcr thEy b¢li¢v¢ the ¢￿)￿b]e o)mptyy will have rt50urces tu ¢orrtinu¢ ID ope￿10n•1 tKiHeJwv thv foreseeable fittutr, aEMI whrth¢r th¢re ￿ Xby Tmtwial UnLrrtaIhti￿ aFTr)ui the ch￿lty iYIIP•Vs ability to as a going concern for 4 pwiod of at 1gAst on¢ yEar fiwi lh¢ date gf iythwiMtion of thr fil￿￿1$1 styt¢meiii& At thE lim¢ of 8pprovg1 of these fitancial slaiWw￿ the clMrithbl¢ compally hcalthy ash 4 bat)k and frcc Thcrvc tdanCe￿ and with yw-tothle maJJsgemthi ￿QU￿1￿&t￿rornIlI10n for¢cgsts for the Iwrlve months indi￿tillg thbt there arc no Ma￿*11 wicertaiDiies over gomig ¢oncern, the ha￿ ¢ottcl￿ th8t it ¥etllOill5 appmwiate to pr¢pa￿ ¢bE fmaDcial stateEn¢nts on thc Boin8 conc¢rn ba51$. 2.4 Ineome All inGotw is T¢¢oBnised OTtc¢ ¢bE Gomparty has entitietUeDt ts) th¢ i¥J¢om¢, it 15 wobhble thot the iDcntrib￿lOth pwsion scherne aDd the p¢n5iou ¢IwTg¢ r¢pr¢%ents the amounts ￿dYabl¢ by th¢ comparty to lh¢ in res￿1 of th¢ ycar. Page 10 MaldstoTre Support Centre {A Company Limited by Gu•rantee) Notes to the Fln8n¢ial StAtements For the Year Ended 31 Llqareh 2023 Attountlnp poll¢l¢s (contlnuedl 2.111 Fund *¢tou#dng Genernl fyJd$ aff unTtSlTiclui fund5 whirh are I￿1]￿ble for at th¢ d￿¢￿10￿ of the trnsteas in furthcrnn¢¢ of the 8tneral obie¢tiv¢s of the compally and which hav¢ oot been designated foT oUi¢r pyfj)trses. Desi8natrd funds wznpri% UDrntri¢t¢d furbds that hwc b¢rn set ￿ld¢ by the intstees for partielllar p￿pOSe￿ Tht aim a¥Jd ux of each designated fund i& setout in the not&s to th¢ fiDoo¢ial Statements. R&8tricted funds aT¢ fund$ whi¢h are to be used in accordanrr Specif￿ restriLXioD5 iWP05ed by dothots or which have bcrD rdisrd by th¢ company for y4rti¢ul•r pwposes. The costs of rnising attd administerin¥ such fund5 are ¢hary¢d a8aiEh51 th¢ sp¢¢ifi¢ fvjd. The aim and us¢ of ¢H¢h T¢stricied fvnd is set out in th¢ JJol¢s t¢b the fitTrancial statemen an￿st￿rnI income. 8ains and1055r5 aTr allo¢a*d to th¢ awjmprith fvthd. l#¢ow from thn•tioDS legxde8 Unrestrlcted T•tsl TolNrl 21123 2023 21122 Goyer￿Me*¢ grontS COW[￿19 Job r¢trntiutL scheme Covi[￿￿9 Moidstone Bornugb CouEbril 22,JOS 50.608 999 73, 772 Ahulvsu 012022 to￿1 h,fvNtl IntO￿t charithbl¢ a¢ttvltles Uwre5tTl¢t Total funds 2f123 rt7ts1 fjinds -w22 2023 LiccncK fee5 and session Éntome 312392 312592 953,847 Anal)5￿ of2022 rotlllb)fvThl ?5.',847 252,847 Maidstone Community Sypptyrt Cen*re (A C•mpany LI￿￿ted by Guarantee) NTrtes the FlnAneial Statsmewts Ftsr the Year Ended 31 M4Tcb 2023 Inve5tffleNt U*r¢strkted nds 21b23 Total nd5 ZlJ23 fvnds 21122 lttvesttnetht in¢ome 1.941 41 of2022 tothlbyfvnd 41 41 AJ•lyiii of expERdltDre on ¢h•Yl¢4bk¥tfvities Sy#)m8ry by l￿d type ilwreslri¢led Re5tr1cted 2OZ3 202) 2023 2022 Dirwt¢haTit¥bl¢ Purp￿￿$ 345,920 1218 348.138 280,1)77 AnHfy'.%&F of2022 101￿1b￿fv￿d 2-,7.I59 2,2J8 ?110,U77 1% •fe41endlluYe by *dlvitks Totsl nd$ 2023 Tothl DiYe¢t eOAts Support tO5ts 2023 2023 2022 Direct charitable puw0s¢5 i5,732 406 348.138 2NO.OT7 of3Q22 IQMI 2?1.6n&" 5¥.4t59 ?IQ.OT7 Pw12 M4ldstt*n¢ CommuThlty Support C¢ntre (A Company Linlltrd by Guarantse) Notes to the Fin¥n¢ial Statrments For the Year Ended 31 Mareh 2023 Anglysls of expwjditure by •¢*ivltles {tontlnued) AnAlysls ofdirnrt ¢o¥t$ Totsl Toiol fv￿dE 2023 2023 Stsff ¢(*ts 157.152 6.8911 23.114 25,806 22,420 342 152.420 6,404 10.473 32.950 19.169 18 Water. sewernge Ind w85t¢ Light and beat Coffte shop 235.732 Totsl funds 2D23 Tolol 2022 Dewcciation Donations Rewdirs and ￿￿1￿￿11￿TIce 14,791 Jl,P56 0.432 57,106 5,314 4.230 12,063 2,9J3 1,183 63(1 2.512 68.82Q 5.62Y 4.642 11.363 2.800 Accwjkn attd payroll ¢lwgr5 Telephone Offir¢ ¢xpet)walld ¢taÉnin Photr￿0pler cost5 B4Dk ¢1ofg¢S 8nd inteTest Genernl ¢xpw5 B•d debts 716 2,399 466 511,409 Pag¢ 13 Maldslone ComtDUDity Support Centre (A CompADy Llmlted by Gvrantee) Note5 to the FlnaDcial Ststements For the Year Ended 31 March 21123 IndeP￿￿tAttXXnts,S reM￿tItitIOn The indepcnd¢nt ¢xamineWs reDIttTmtioD aTDounts to ￿ tndependenLexaroiner f¢¢ of £3,660 (2022: £3540). and other %rvi¢ of £982 (2022.. £1,092). Staff eosts 2023 2022 a8C5 and sxlaTi¢ Social security costs ConrributioH tu defiRd ¢OffttsibutiOD pension srh¢tses 145278 92 139,215 7,292 5.919 157.152 152.426 Th¢ averagettunthttof pe￿￿¢￿¥￿10Yed by th¢ ¢omwiy duiiD8 the ytarwas a$ follwys". 2023 2022 No employeerettiv¢d aThKJuniiDg thatt £60.OL*) ID either yraF. Key m&nagcmcni ws¢mAel rEce¥ved rCrnu￿0D (l￿1VdIng ejnplojwnational insuTaW¢ contribulions) of £113287 fX122- £JIQ967). Trust¢¢s' During th¢ ye4r, AO IntslEts rffeived ￿]Y f¢mUT￿l0￿ orother beneftts12022. £NIL). During th¢ ycar ¢nded 31 Match 2023. TW tr￿k? ¢ip¢ns¢s have bttn incurred B022. £NIL). P> 14 Maldstone ComrnuDity Support CeAtre (A Comp*ny Llmlted by CuArADtee} Notes ¢0 the FID•D¢lai Statements For the Year Ended 31 March 2023 T*nglble r￿e￿ osx¢ts Freellold Freehold pmptrty prO1￿Y imprnveN*at$ Flxturts fittlngs Tot Al l Atdl 2022 Athjitions 221.765 526.794 2.868 147.132 S95.691 2.868 At 31 March ?023 529ffj62 147,132 898.559 Deprtti*tiOII At l Awil 2022 Cborge for th¢ year 49,899 2,218 480,037 9.611 127J86 657322 14.791 At 31 March 21)23 52.117 489.648 130J48 672.1 li Net ￿l￿t At 31 Mar¢h 2023 169,648 411014 16.784 226.446 Al 31 Morch 2022 171.866 40,757 19 746 238.-169 12. Debtors 2023 2022 TTrd¢ d¢btoTs 4.77 1,123 8.073 1,285 5,893 9,358 Page IS Maldstone Cornmunity s￿PpOr* Centre IA Compatty LI￿￿ted by Guarjntee) Notes to the Flnancial Statements For the Year Ended 31 March 2023 13. Credhors: Amoynts falling duè witbits ooe year 2023 2f122 Other loan5 3.226 4t1 3,226 2.43J 2,493 15.441 Tyade credirors Otl*r¢rtylJtors A¢¢nJg]$ 8nd deferred income 2.4 31.394 37.491 23.J95 Credttors: Anb)unts fal]IDgdu¢ aft¢r m•rt th•ll oneyegr 2023 2022 Other loa 13.096 16,322 PJ8¢ 16 Maldstoxe Communlty Support Cwtre (A Compgny Llmlted by Gu4r*ntee) Notes to the Fitianefial Statements For the Ytar Ended 31 March 2023 25. Stitethtnt of Sfatemeot tsf futtds- t#rrent year B414llce #t I Aprll 2022 Trxnsfers IDlout EipeDditwe March 2023 Uurestritttd fv￿d$ Design￿1￿4 fwlds FTK¢d ass¢t ￿nd 4A516 {12,STJ} 22,855 56,798 GeDer•l fwods 41? 174 314.533 (333.A71 121.0541 372.306 Total u￿￿triC￿& 45&6 314,533 (345,9201 I,¥oi 429.104 R¢sb*ted It￿ fu Big kntery gmt 171.866 1,801 112181 169.648 (1,8011 173,667 12218) (1.801} 169,648 Totslof 632.357 314.533 {34&138} 59N,752 Uwtttriciedfutth Tre rtesigna￿d fixed a5sd ￿1]d represents the net book Val￿ of tAEW"bk fixed &*ers fuDdeAI from utir¢gtrieted 8etwal funds. The differ¢n¢e b¢tw¢¢n thc carri¢d forwardbolarLee OJJ this fiJnd and thc ¥wJy¢ of taE18ible fixd 25sets in notc I I rd¥t¢s to the Ixlanccon the we$tritied eapital Sjnd for fixed ass¢LS a¢quir¢dout of rutsictrd fundin¥. GMerg1 fiwds ltP￿se￿I the'r￿, resetves mdily available to fruste¢$ LO 4)end ￿ they see fitin accord8]￿ wtth the ckwiws obj¢¢iives. The Gapitsj fiujd is respect of capit#l grunts received for thE PVtcha5¢ #ud improverneni of freehold buildings 8r¥l purchase of items ¢qutpmeE)i. Inaccordanc¢ with th¢ 8¢¢oiirtting policy. depr¢(i&tlOD on the asscts ¢onc¢rned 1$ charged &$ an expellse of the testricted fuTMt. The Big L• granl was Tr￿1Ved fotth¢ pmvision of servt¢¢$ ￿lating ￿ melltal health #nd • prowtioD ren￿lI)e￿ un5WIt at the ye8reDd. The transferof £22,855 into th¢ fixed 8wI fvods repres¢nts fJx¢d assa addilions from 2021, 20L* and ?023 which had P[evio￿tY w b¢¢n trdTh5ferrcd. Po8¢ 17 Maidstofte Communlty Support Cenlre (A Company Llmlted by Guarantee) Notes to the FinaDti#l St*temeDts For the Year Ended 31 March 2013 15. Statement of fu*dg (¢ontlDued) StAtemeDt otfunds- prior year Bulonce Expendiimye TroAsfetJ in/ovi 31 M&rch 2022 l April 2021 Unrestritted fubd$ De51gn4ted fwids Fixed asset fi￿d 5&234 (9,718J 46,516 Cener•l GcrtTaE fimd 353.655 326,600 (26&141) 412.J74 T•tsl Uxrestrkled f￿•￿8 409.889 J2&660 (2i7.859J 458.69 Rejtritted f¥#ts 174.¢)8 a.218J 171.&06 1.801 Ba8 lollery 175.885 173.667 T•¢•1 of funds 585. 774 325,060 1£'81J.r)77i 052,357 i& ADalpii of net •¥*1s betwtr• CttDds An*tysk o(#et awels bttweew f￿nd5- turrthlt yeAr U#rystrl¢led Total ZlJ23 2023 1•23 Tan8Jblt ￿ets Current assets CreditOF5 du¢ w]thin onc year Creditors due in AWFe star 5A798 422.893 {37.491) {13.096) 69,648 226,446 422.893 137.4911 {13,096) Total 429,104 169.648 598.752 Page 18 Maldstone CDmrnunity Support Centre (A Company Limited by Gu*r*ntee) Notes to the Financial Statements For the Year Ended 31 Mttrch 21123 An8ly5is of oet assets betwe¢n {tODthiutd) An8lysls of net a95et$ between funds- prknr Unresrrtcfed (und& Rcslriciedfunds 2022 2022 2022 66.503 432,JO4 (23.595) {10.322) 171.806 1.601 238.369 433.9n5 {2J.595) (10,322) Cumt assets CTvthtors du¢ withiti one year Creditors due in more tban one 458.69 173,607 632.357 Total 17. Th¢ tompny operate5 a dcfijwj Ix)ntribuiion scheme. The a55ets of the pttrtsion stheme are held s¢p￿tety from thDye of thc ¢)TnpkEEy in all indepthtly admini￿¢￿1 fvnd. Th¢￿￿10￿ cosl cha￿¢ rwesents¢ontribuiiorLSP8yabk by the •yto the fijnd. Th¢TE W¢J¥ ry) •NW)urtts w8blewthe fjjndat theb81*￿ sbeei date (20A2. £Nil). 18. At31 March 2023 th¢ IxdcuDmiuneffjs ￿ rJ*8k¢ ftstsjte Itasv payllmts wJd¢r rtOfvc￿1abl¢orffitIn￿ It*ses as follows: 2022 Not l#t¢rthw l y¢ar Ldtrr Ibat) l year aE￿ lat¢r th0Th 5 years 8,081 5.?ts5 8,383 13,756 J9,205 RelAted party transaclio Th¢ ¢ompany engaged in transadiottswhth tKrtie5. as noi¢d below. EaGh of these trarJ5acliorn$ We￿ at open ￿Tket valu¢ oron IElln5 equival￿t to those that prevRil in letsgth tt8nsa¢LiOaS. Tbe eompany chargcd of £4.075 (2022- £3.979) to Fen￿elg￿ Coosultirtg. a firni where P¢t¢r Col H ttusi¢t of Mamtilone Cornrt)uoity Suppgrt Celltse is a corLsult*Et At 31 Match 2023 Femleigh Consulting was owed £2,375 (2f122- £J.518) by th company, Is a resulr of Pa￿ in advan¢¢. Th¢ ¢omp8tsy charged T¢n¢of£15,952 12022- £10.352) to Rubicon Caw a ¢]Jarity that Sandra Turn￿, a ¢rns*¢of MaidwThe Comtnunity Support Centre 1$ a of. AÈ 31 Ma￿h 2023 Rubicon Car¢$ owed £51 C022- £21) to thc compauy. Thecomparty mode pttrchases of £630 (2022- £601j) from AnalsyerAccounting Limit￿. a fJTTll that Barry Sn&8iMII is a dirtctor of. The purchaK5 were made prior to B8try s￿￿h&ll,5 resi￿1￿￿0￿ as trusoe of Maidsione Com￿u￿1ty Support C*)tre on 24 Jonuary 2023. Page 19