PULBOROUGH SOCIAL CENTRE
(Registered Charity No 305409)
Statement of Financial Activities for the year ended 31 December 2023
| General | Endowment | Total | |||
|---|---|---|---|---|---|
| Income | Fund | Funds | |||
| Fund | 2023 | 2022 | |||
| Notes | INCOMING RESOURCES | £ | £ | £ | £ |
| 1 | Hall Rental | 85898 | 85898 | 92897 | |
| Sundry Income | 328 | 328 | 86 | ||
| Grants & Donations | 1930 | 1930 | 8972 | ||
| COIF Deposit Interest | 1411 | 1411 | 22 | ||
| TOTAL INCOMING RESOURCES | 89567 | 89567 | 101977 | ||
| RESOURCES EXPENDED | |||||
| Direct Charitable Expenditure | |||||
| Village Hall Costs | |||||
| Wages Administration |
29087 | 27427 | |||
| Caretaking | 6920 | 6203 | |||
| Cleaning | 12130 | 10662 | |||
| Mainten & Gdn | 5853 | 5367 | |||
| 53990 | 49659 | ||||
| Cleaning Contractors/Materials | 3328 | 3721 | |||
| Light & Heat | 9279 | 10003 | |||
| Water | 1194 | 126 | |||
| Insurance | 4453 | 4005 | |||
| Licences | 298 | -30 | |||
| Telephone | 406 | 682 | |||
| Postage & Stationery | 840 | 404 | |||
| Repairs & Renewals | 12097 | 6494 | |||
| General Expenses | 708 | 185 | |||
| Special Work Programme | 0 | 821 | |||
| Training Costs | |||||
| Advertising | 90 | 45 | |||
| Bank Charges | 141 | 143 | |||
| Legal Fees | 0 | 0 | |||
| Horsham District Council Rates | 475 | 681 | |||
| 2 | Depreciation | 2983 | 2925 | ||
| 90282 | 90282 | 79864 | |||
| Other Expenditure | |||||
| Accountancy | 4900 | 4900 | 4900 | ||
| Total Expenditure | 95182 | 95182 | 84764 | ||
| Profit / Loss on COIF Inves (Note 5) |
4385 | 4385 | -3427 | ||
| NET SURPLUS / -LOSS | -5,615 | 4385 | -1230 | 13,786 | |
| Fund Balances b/forward | 1,148,967 | 136,255 | 1,285,222 | 1,271,436 | |
| 3 | Transfers between Funds | -500 | 500 | ||
| FundBalancesc/forward | 1,142,852 | 1,283,992 | 1,285,222 |
lo _-W 202
(Registered Charity No 305409)
4
PULBOROUGH SOCIAL CENTRE
Balance Sheet as at 31 December 2023
| Notes | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| 4 | FIXED ASSETS | |||
| Land at Valuation | 100,000 | 100,000 | ||
| Buildings | 1,026,182 | 1,026,182 | ||
| Fixtures & Fittings | 22,727 | 21,550 | ||
| Other Fixed Assets | 3,656 | 4,062 | ||
| Computer | 96 | 147 | ||
| 1,152,661 | 1,151,941 | |||
| Recoupment Investment | ||||
| 5 | COIF Fund | 39,640 | 34,756 | |
| 1,192,301 | 1,186,697 | |||
| CURRENT ASSETS | ||||
| NatWest Current Account | 31,541 | 93,461 | ||
| COIF Deposit Fund | 51,411 | |||
| Debtors | 4,468 | 2,724 | ||
| Insurance paid in advance | 4,063 | 3,641 | ||
| United Hygiene Paid in Advance | 462 | |||
| Cash Float | 50 | 50 | ||
| 91,995 | 99,876 | |||
| CURRENT LIABILITIES | ||||
| Rental Income in Advance | ||||
| Creditors & Accruals | 304 | 1351 | ||
| Damage Deposits Held | ||||
| 304 | 1,351 | |||
| NETCURRENTASSETS | 91,691 | 98,525 | ||
| NETASSETS | 1,283,992 | 1,285,222 | ||
| FUNDS | ||||
| General Income Fund | 1,142,852 | 1,148,967 | ||
| Endowment Fund | 141,140 | 136,255 | ||
| TOTALFUNDS | 1,283,992 | 1,285,222 |
\A-H_ AaaAaW
PULBOROUGH SOCIAL CENTRE (Registered Charity No 305409) y Notes to the Accounts for the year ended 31 December 2023 Accounting Policies These Accounts have been prepared under the historic cost convention & in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting for Charities.
Notes
1 Hall Rental
An analysis of the separate halls is attached to these Accounts
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2&4 Fixed Assets & Depreciation
Land Buildings Fix & Fits Others Office Total
£ £ £ £ £
Values at 01 01 2023 100,000 1,026,182 21,550 4,062 147 1,151,941
Lighting 3,702 3,702
100,000 1,026,182 25,252 4,062 147 = 1,155,643
Depreciation per annum 10.00% 10.00% 35.00%
Depreciation 2,525 406 51 £ 2,983
Net Book Value 100,000 1,026,182 22,727 3,656 96 1,152,661
at 31 12 2023
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The Land and Buildings have not been re-valued and remain at Book Value. Having taken heed of the revelant Accounting Conventions, the Trustees have agreed that the Buildings will not be depreciated as from 1 January 2003. It has been confirmed by a Chartered Surveyor in 2000 that the buildings had a useful life of at least 100 years and a Recoupment Order is in place for this period of time.
3 The Charity Commissioners agreed a new Recoupment Order on 25 May 2000. The New Order is to recoup £500 per annum for a further 96 years from 2000. (£2124, representing 4 years plus accrued interest, was paid into the COIF fund in the year 2000)
This replaces the previous arrangement which would have been paid. Years 2000 & 2001 £3,176.40 per annum Years 2002 to 2006 £4,073.00 perannum Years 2007 to 2056 £9,165.20 perannum
5 Recoupment Investment 159.84 units each valued at 24800.03p and totalling £39,640.37 were held in the Charities Official Investment Fund (COIF) as at 31 December 2023 This represented a Gain of £4385.21 (9%) for the year 2023 The following units have been purchased: B/fwd
| have been | purchased: | B/fwd | 111.59 units |
|---|---|---|---|
| 2000 | 35.15 units | 2011 | 6.08 units |
| 2001 | 8.22 units | 2012 | 5.92 units |
| 2002 | 9.56 units | 2013 | 5.22 units |
| 2003 | 11.81 units | 2014 | 4.66 units |
| 2004 | 9.77 units | 2015 | 4.18 units |
| 2005 | 8.55 units | 2016 | 3.92 units |
| 2006 | 7.10 units | 2017 | 3.37 units |
| 2007 | Nil units | 2018 | 3.14 units |
| 2008 | 7.23 units | 2019 | 2.71 units |
| 2009 | 7.34 units | 2020 | 2.58 units |
| 2010 | 6.86 units | 2021 | 2.23 units |
| C/fwd | 111.59 units | 2022 | 2.10 units |
| 2023 | 2.14units |
|
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| sy _ CHARITYFOR ENGLAND COMMISSIONAND WALES | Independent examiner'saccounts report on the
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Report to the trustees of | [PULBOROUGH] [SOCIAL] [CENTRE]
st H no | 305409
AICs for On year ended 31 December 2023 | Charity no 3os4o9
Set out on pages | ONE to THREE
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022
As the charity's trustees, you are responsible for the preparation of the Responsibilities and accounts in accordance with the requirements of the Charities Act 2011 basis of report (“the Act”).
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| 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Independent | have completed my examination. 1 confirm that no material matters have
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examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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e the accounting records were not kept in accordance with section 130 of the Charities Act; or
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e the accounts did not accord with the accounting records; or
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e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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Please delete the words in the brackets if they do not apply.
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Name: | LINDA BALL
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Relevant professional | West Sussex Local Authority School Business Manager qualification(s) or body
(if any):
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Address:
\K FAS = Pa he dn” SG
Col) an malhham , Porlhnons
A aN AWQo jreE
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IER
1
Oct 2018
;
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose.
So Ne_
IER
2
Oct 2018