2023-03-31-accounts

For the year ended 31	"March	2023
			Page
Trustees Annual Report			1 —5
Reference and	Administration		l
Structure, Governance		and Management	2
Objectives			2
Activities, Progress and Achievements			2 —3
Financial Review			4
Reserves Policy			4
Independent Examiners	Report
Statement ofFinancial	Activities (SOFA)
Balance Sheet
Statement ofCash flow
Notes to the Accounts

		Notes			2023	2022
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
Income from:
Donations and	legacies		12,117	42,755	54,872	33,603
Charitable Activities			118,102		118,102	85,997
Other Trading	activities		2,772		2,772	2,372
Investments			55		55	3
Other			5,000		5,000	4,000
Total Income			138,046	42,755	180,801	125,975
Expenditure on:
Raising Funds			762		762	24
Charitable Activities			123,184	43,218	166,402	130,300
Total resources expended			123,946	43,21S	167,164	130,324
Net incoming/ (expenditure)			14,100	(463)	13,637	(4,349 )
Transfers between	funds		788	(788)
Net Movement in	Funds		14,888	(1,251)	13&637	(4,349)
Total Funds brought forward			16,694	4,816	21,510	25,859
Total funds carried forward		16	31,582	3,565	35,147	21,510

		Notes	2023	2022
Fixed Assets
Tangible 6xed assets		10	3,728	4,344
Current Assets
Debtors k prepayments			4,040	4,903
Cash at bank and in	hand		39,480	24,813
Total Current Assets			43,520	29,716
Creditors: Amounts	falling due
within one year		12	12,101	12,550
Net Current Assets			31,419	17,166
Net Assets			35,147	21,510
Funds ofthe Charity
Unrestricted funds			31,582	16,694
Restricted funds			3,565	4,816
Total Funds			35,147	21,510

		Note	2023	2022
Cash flows &om operating activities:
Net cash provided by (used in) operating activities		18	15,298	2,468
Cash flows &om capital expenditure &investing activities:
Dividends, interest and rents from investments			55	3
Purchase ofproperty, plant and equipment			{686)	{2,267)
Net cash provided by (used in) investing activities			(631)	(2,264)
Net cash provided by (used in)financing acti vities
Change in cash and cash equivalent's in the reporting period			14,667	204
Cash and cash equivalents at the beginning ofthe reporting	period		24,813	24,609
Change in cash and cash equivalents due to exchange rate	movements
Cash and cash equivalents at the end ofthe reporting period			39,480	24,813

		Unrestricted	Restricted	2023	2022
Income from Donations and	Legacies
HCC Step2Skills Multiply Project			37,800	37,800
Herts Community Foundation	Projects	9,221	2,853	12,074
Donations		2,896		2,896	161
Stevenage Community Trust			1,802	1,802	2,594
HCC Herts Warm/ Community	Space		300	300
Grants - Stevenage Borough Council					21,929
FBvKC- Job Retention Scheme					10,216
		12,117	42,755	54,872	34,900

3	Income from Charitable	Activities		Unrestricted	Restricted	Restricted	2023	2022
	Hall Hire			117,703			117,703	85,752
	Refreshment income			61			61	242
	Services Income			263			263	3
	Admin Fees			75			75
				118,102			118,102	85,997
4	Income from Other Trading Activities			Unrestricted	Restricted		2023	2022
	Fundraising and Events			2,772			2,772	2,372
5	Other income			Unrestricted	Restricted		2023	2022
	Employment Allowance			5,000			5,000	4,000
6	Analysis ofExpenditure	on charitable	activities
				Activity	Grant
				undertaken	funding	of	Support
	Activity			directly	activities		Costs	Total
	Community Centre		7&9	122,399			469	122,868
	Step2Skills Multiply Project		7	37,800				37,800
	Warm Hub		7	1,400				1,400
	Event		7	810				810
	First Aid & Safeguarding	Courses	7	1,453				1,453
	SBCCovid support		7	367				367
	Sport England BigLottery - Computer Warm Space	Suite	7 7 7	350 334 300				350 334 300
	Toddlers Group		7	265				265
	Redecoration, Equipment	etc	7	139				139
	Canteen		8	316				316
				165,933			469	166,402

NO	TES TO THK ACCOUNTS	TES TO THK ACCOUNTS
for	the year ended 31stMarch		2023
	Charitable Expenditure			2023	2022
	Charitable Activities	- Centre
	Unrestricted Administration		Expenses
	Admin Wages			38,091	42,509
	Printing, Stationery &	Advertising		332	325
	Broadband, Telephone	&Postage		1,786	1,782
	Subscriptions &Af61iation Fees				26
	Performing Rights Association			1,010	1,746
	Health & Safety			46	86
	Sundry Expenses			359	1,181
	Licensing Fees			100	180
	Software			82	40
	Bank &Credit charges			103	11
	Website			448	410
	Payroll &HR Expenses			1,113	1,207
	Total Administation	Fees		43,470	49,503
	Charitable Expenditure				2022
	Charitable Activities	- Centre
	Unrestricted Maintenance		Expenses
	Cleaning Windows			70
	Heat &Light			8,699	9,183
	Equipment			532	269
	Insurance			1,689	1,595
	Laundry &Cleaning			4,208	2,413
	Garden			295	425
	Repairs &Renewals			2,762	5,295
	Security			1,657	1,568
	Equipment Depreciation			462	389
	Water Rates			3,083	2,593
	Caretaking/ cleaning wages			55,472	50,615
				78,929	74,345
	Total Centre Costs			122,399	123,S48
7	Charitable Expenditure			2023	2022
	Charitable Activities	- Centre
	Restricted HCC Step2Skills		Multiply Project
	Room Hire			12,500
	Consultancy			10,741
	Salaries			7,654
	Equipment			3,618
	Other miscellaneous costs			3,287
				37,800

Charitable Expenditure	Continued	Continued	Continued	2023	2022
Charitable Activities - Centre
Restricted
HCF Warm Space (Hub) Heating			&Refreshment	1,400
Fun Day				810	90
HCF First Aid Course Costs				786
HCF Safeguarding Course	Costs			667
SBCCovid Equipment funding		dep'n		367	488
SBCCovid Equipment					27
Sport England Sports Equipment				350
BigLottery Computer Suite project Dep'n				334	445
HCC Warm Space Heating				300
SCT Toddlers Group Equipment,			Heating, Room Hire &Refreshments	265
Community Trust Laptop	Depreciation			81	109
Locality Budget New Computer			Dep'n	23	8
Day Care Chair/ Wheelchair Depreciation/W/Off				23	7
Locality Budget Computer	&Printer Dep'n			12	4
Community Trust Security	equipment				1,297
SCBCovid Cleaning materials					450
				5,418	2,925
Canteen Account				2023	2022
Cost ofSales
Opening Stock
Purchases				316	425
				316	425
Less Closing Stock
				316	425
Canteen Wages					2,677
Total Canteen Casts				316	3,102
Governance				2023	2022
Independent Examiner's Fee (See note 19)				425	425
AGM Costs				44

10	Fixed assets			Unrestricted	Restricted	Total
				Equipment	Equipment
	Cost
	At 1 April 2022			4,245	14,849	19,094
	Additions			686		686
	Dlsposals				(2,316)	(2,316)
	At 31March 2023			4,931	12,533	17,464
	Depreciation
	At 1 April 2022			3,084	11,666	14,750
	Charge for the year			462	782	1,244
	Disposals				(2,258)	(2,258)
	At 31March 2023			3,546	10,190	13,736
	Net book values
	At 31March 2022			1,161	3,183	4,344
	At 31March 2023			1,385	2,343
11	Debtors 4 Prepayments				2023	2022
	Debtors				1,851	4,741
	Prepayments and income accruals				2,189	162
					4,040	4,903
12	Creditors: Amounts	falling due within	one year		2023	2022
	Accruals and income	prepayments			10,139	10,214
	HMRC Taxk NI				1,509	1,452
	Sundry Creditors				420	785
	Pension Contributions				33	99
					12,101	1Z,550

16 Fund Analysis Continued
		BigLottery-	Community
		Computer	Trust		Sports	Sub-
	B/Fwd	Suite	Equipment		England	Total
Incoming Resources	138,046					138,046
Resources Expended	124,004	334			350	124,769
Net incoming resources	14,042	(334)		(81)	(350)	13,277
before transfers
Net movement in funds	14,042	(334)		81	(350)	13,277
Total Funds B/fwd	17,540	1,335		325	35	19,235
Total Funds C/Fwd	31,582	1,001		244	(315)	32,512
Fixed Assets	1,385	1,001		244		2,630
Current Assets	42,298				(315)	41,983
Current Liabilities	(12,101)					(12,101)
	31,582	1,001		244	(315)	32,512
		SBCCovid			Toddlers	Sub-
	B/Fwd	Equipment	SCBFun	Day	Group	Total
Incoming Resources	138,046				1,802	139,848
Resources Expended	124,769	367		810	265	126,211
Net incoming resources	13,277	(367)	(810)		1,537	13,637
before transfers
Net movement in funds	13,277	(367)		810	1,537	13,637
Total Funds B/fwd	19,235	1,465		810		21,510
Total Funds C/Fwd	32,512	1,098			1,537	35,147
Fixed Assets	2,630	1,098				3,728
Current Assets	41,983				1,537	43,520
Current Liabilities	(12,101)					(12,101)
	32)512	1,098			1,537	35,147

Fund Analysis continued
		HCF		HCF
		Funded	HCC Warm	Warm	Sub-
	8/Fwd	Training	Space	Space	Total
Incoming Resources	139,848	1,453	300	1,400	143,001
Resources Expended	126,211	1,453	300	1,400	129,364
Net incoming resources	13,637				13,637
before transfers
Net movement in funds	13,277				13,637
Total Funds B/fwd	21,510				21,510
Total Funds C/Fwd	35,147				35,147
Fixed Assets	3,728				3,728
Current Assets	43,520				43,520
Current Liabilities	(12,101)				(12,101)
	35,147				35,147
		Step2Skills
		Multiply			Sub-
	8/Fwd	Project			Total
Incoming Resources	143,001	37,800			180,801
Resources Expended	129,364	37,800			167,164
Net incoming resources	13,637				13,637
before transfers
Net movement in funds	13,637				13,637
Total Funds B/fwd	21,510				21,510
Total Funds C/Fwd	35,147				35,147
Fixed Assets	3,728				3,728
Current Assets	43,520				43,520
Current Liabilities	(12,101)				(12,101)
	35,147				35,147

17	Volunteers	Volunteers
	Volunteer information		is	as follows:
						Number of	No ofHours		Total
	Activity 2022/23					Volunteers	per Volunteer		Hours
	Chair						1	260	260
	Hub						1	260	260
	Committee meetings					6			40
	Fun Day								30
	Activity 2021/22					Volunteers	per Volunteer		Hours
	Centre Activities -Bingo					3		12	36
18	Notes to the cash flow		statement
	Reconciliation ofnet income/(expenditure)				to	net cash flow	from operating	activities
									2023	2022
									K
	Net income/(expenditure)			for the year					13,637	(4,349)
	Adjustments for;
	Depreciation charges								1,244	1,450
	Dividends, interest and		rents &om investments						(55)	(3)
	Loss on disposal of	assets							58
	(Increase)/decrease	in debtors							863	(17)
	Increase/(decrease)	in creditors							(449)	5,387
	Net cash provided	by	operating						15,298	2,468
	Analysis ofnet cash	resources
									2023	2022
	Cash in hand								39,481	24,813