CHARITY REGISTERED NUMBER . 304254 TOWCESTER COMMUNITY CENTRE TRUST ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2024 Tove Accountancy Ltd Office 6, Town Hall 86 Watling Street East Towcester Northants NN12 6BS
TOWCESTER COMMUNITY CENTRE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Registered Charity No. 304254 Trustees Towcester Town Council Correspondence Address Towcester Town Hall 86 Wailing Street East Towcester NN12 6BS Governing Instrument Unincorpoarated Charity Registration 24 August 1970.. standard registration Objects The Charity provides a venue for social and recreational activities for the well being of the inhabitants of our town. Statement of Flnanclal Activltles The attached receipts and payments account with accompanying notes set out a true and fair view of the finance5 of the charity for the period. Independent Examiner Tove Accountancy Ltd Office 6, Town Hall 86 Watling Street East Towcester Northant5 NN12 6BS
TOWCESTER COMMUNITY CENTRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2024 Description of the Charlty Objects To improve the conditions of life for the inhabitants of the area of benefit without distinction of political, religious or other opinions by the provision and maintenance of a commtjnity centre for use by the inhabitants, including ijse for.. Al meetings, lectures and classes; and Bl other forms of recreation and leisure time occupation. Areas of beneflt Towcester Address Towce5ter Town Hall 86 Watling Street East Towcester NN12 6BS structure, Governance and Management Trustee Towcester Town Council is the Sole Trustee of the Charity Trustees Annual Report 2023124 Financial Year Following the demise of Northamptollshire County Council, and formation of a new unitary authority, West Northamptonshire Council IWNCI with effect from 1st April 2021. the agreement to provide accommodation at the Community Centre for a Chlldren's Centre has been taken over by WNC and thi5 continues to operate successfully under identical terms. The annual rent is currently £16,760.00 and, in addition to this, WNC contributes towards the costs for insurance, utilities and cleaning of the premises via an annual recharge. The self-contained accommodation at the Community Centre continues to provide a suitable space which supports the activities of Towcester Town Football Club. This use is allowed is free of charge. Regular hirers of the Community Centre during the 2023/24 Financial Year included:. Little Borrowers Iformerly Towcester Toy Library) Towcester Table Tennis Club Yoga 4 All Class / Shine Yoga Clas5 The National Childbirth Trust Regular weekend bookings, mostly children's parties, supplement the income for the centre. The Town Council continues to work closely with the local South Northants Policing Team to help alleviate anti-social behaviour in the vicinity of the centre and the Clerk is the appointed Police Liaison Representative for the town, the purpose of this role being to improve communications between the Police, the Town Council, the local Neighbourhood Watch group and the communities they serve.
TOWCESTER COMMUNITY CENTRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2024 In 2023124, the Town Council appointed a new Facilities Officer, whose remit includes reviewing and scheduling outstanding works required to the premises with the aim of extending the longevity of the building, which has considerably exceeded its expected lifespan, and to increase its appeal to attract additional hirers. Expenditure in respect of maintenance and repairs has increased as a consequence of this appointment. The trustees consider the Towce5ter Community Centre Trust has met the objectives of the Charity by helping the people of Towcester develop their physical and mental abilities in a safe and caring environment. The sum of £20,000.00 is ringfenced within the bank account for the Towcester Youth & Communitv Centre to act as a reserve. Thi5 repre5entS the estimated operating costs for the centre for 12 months, and includes an allowance for unplanned maintenance/repairs. A reduction in the account balance to near this reserve will trigger a meeting of Towcester Town Council, as sole Trustees, to determine an appropriate course of action. Signed on behalf of the Trustees.. Elizabeth Cox 2610112025 Name Date..
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TOWCESTER COMMUNITY CENTRE TRUST I report to the trustees on my examination of the accounts of Towcester Community Centre (the Tru5tl for the year ended 31st March 2024 Responsibilltie5 and basis of report A5 the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commi55ion under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in accordance with section 130 of the Act- or the accounts do not accord with those records; or I have no concerns and have come across no other matters in connection with the examlnation to which attention should be drawn in this report in order to enable 3 proper understanding of the accounts to be reached. 2610112025 Michael Cooke Dated For and on behalf of.. Tove Accountancy Ltd Office 6, Town Hall, 86 Watling Street East, Towcester, Northants, N N12 6BS
TOWCESTER COMMUNITY CENTRE TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2024 2024 2024 Unrestricted Restricted funds funds 2024 2023 Total funds Total funds Receipts West Northampton5hire Council Rent Rent from other Users Recharge due from West Northamptonshire Council Total 16,760 6,678 8,591 32,029 16,760 6,678 8,591 32,029 16,760 5,443 12,150 34,353 Payment5 {note 2) Raislng funds Charitable activities Managing and administering the Charitv Other Total 272 272 45,046 45,046 35,302 45,318 45,318 35,302 Net receipts 113,2891 0 113,2891 19501 Transfers between funds Cash funds last year end 71,265 71,265 72,215 Cash funds thls year end 57,976 57,976 71,265
TOWCESTER COMMUNITY CENTRE TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31st MARCH 2024 2024 2023 Cash funds Prepayments Debtors Bank Cash Total 57,976 71,265 57,976 71,265 Represented by: Unrestricted funds Restricted Fijnds Total funds 57,976 71,265 57,976 71,265 Assets retained for the Charity's use Equipment Land & Property Total LiabllStles Accountant's fees Loan Other Total 420 420 834 1,254 2,936 3,356 Slgned on behalf of all the trustees Elizabeth Cox 2610112025 Signature Name Date of approval
TOWCESTER COMMUNITY CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 l. Basis of accounting These accounts have been prepared under the 'Receipts and Payment5" basis in accordance with Charity Commission guidelines and legal requirements. These accounts have been prepared under the going concern concept. 2. Payments 2024 2024 Unrestricted Restricted Funds Funds 2023 Total Funds Raising funds Rent refunds 272 272 272 272 Charitable activltles Managing and adminlsterlng the Charltv 7,230 7,215 4,633 10,725 600 2,804 420 8,923 3.092 4,040 66 35.302 Wages - Caretaker PAYE Pension5 Accountancy Repairs & Maintenance Cleaning Insurance Bank Charges 1,802 420 19,224 4,368 4,722 66 45,046 Other Sundry expenses Total payments 45,318 35,575 2. Assets Towcester Community Centre Trust own5 the Community Centre building at Islington Road, Towcester, Northamptonshire, NN12 6AU. The insured value of the building is £65,000.00 and the contents insured value is £5,200. Towcester Community Centre Trust received Recharge amount of £8,590.53 from West Northamptonshire Council in respect of expenditure incurred £10,978.91. The dlfference £978.91 is due to be paid after the year end 3. Liabllities Towcester Community Centre TrLJSt owed Towcester Town Council £734.45 for expenditure recharged at the end of the year, this was paid after the yearend. Refund of hire dep051t £100.00 was paid after the year end