Charity Number. 510287 CENTRAL COMMUNrrY CENTRE ASSOCIATION TRUSTEES, REPORT AND FINANCIAL STATEMENTS Perlod ended 31 Decemb8r2023 Phoenlx Accountsncy and Business Consultancy Llmited
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number. 510287 Contents to the Financial Statements Forthe period ended 31 December2023 Page Report of the Board of Trustees Independent Examiners Report Statement of Financial Aclivities Balance Sheet Notes to the Financial Statements
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 TRUSTEES. REPORT The Trustees present theirannual reporttogetherwith the financial ststements for the year to 31 December 2023. The financial statements comply with the Charities Act 2011, the Constitution, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS Charity name: Central Community Centre Association R8gistsr8d charlty number: 510287 structure: Unincorporated Charity Princlpal address: 26 Lindum Street Scunthorpe North Lincolnshire DN15 6QU Trustees: At the date of this report the trustees were: Mr Daryl Southem Chair Mrs Barbara Hame Mr Frank Hame Mr Nehal Hyder Mr David Oldfield Mr Mohammed Hoque Mr Mashook Ali During the year there were no changes to the trustees Bankers: Barclays Bank plc 1-5 King Edward Street Hull HU13RL Beverfey Building Society 57 Market Place Beverley Eastyorkshire HU17 8AA
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 TRUSTEES. REPORT (continued) Rebecca Triffitt MAAT Phoenix Accountancy and Business Consultancy Ltd Morfey s Cottage, Morley's Yard Walkergate Beverley East Yorkshire HU17 9BY Independent examiner: STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Central Community Centre Association are a register& tharity, number 510287 and is therefore regulated by the Charity Commission. The charity is an unincorporated association governed by its Constitution which was adopt&l on the 27thjanry 1975 and amended on 26th February 1981 and 4th JLne 1996. Governing body The responsibility to ensure appropriate govemance and management of the charity is vested in th e Tru stees. Appointment of Trustees The appointment of trustees is in accordance with the Constitution. The Constitution states that there must be at least 4 charity trustees and the maximum number of charity trustees is 14. Ther8 is also provision for an ex-officio trustee, the Chair of Swanland Village Association and a nominated trustee from Swanland Parish Council. OBJECTIVES AND ACTNrriES Objects The object of the charity is: 'Mo promote the benefitof the inhabitants of Scunthorpe and the neighbourhood associaling them together in a common effort to provide facilities in the interests of social welfare, for recreation and leisure time activits'es with Ihe objeclive of improving th e condits'ons of life for said inhabitants" Publlc benefft The Trustees confirm that they have complied with the duty, contained in Section 4 of Ihe Charities Act 2011, to have due regard to the guidance on public benefit issued by the Charity Commission. The charitable pu rpose of the charity within the mean ing of the act is contained within its objects stated above. TRUSTEES. REPORT (continued)
CENTRAL COMMUNITf CENTRE ASSOCIATION Charity Number: 510287 ACHIEVEMENTS AND PERFORMANCE Revlew of the financlal perfod The Centre has contin1 to raise fd5 to slpport its improvements. All of our groups have continwy wdcoming new mernbs, Bingo, Dancing, Art and Luncheon club will go forward to provide a Pl for people to come together socially. The canteen has contin1 to serve OLf community high qllity meals at a low cost with positive feedback from our astomers. The centre has also playeLI host to many Oth organisations throLKJhout the year. As we are at the heart of the a)mmunity, we are UnIqY placed for other organisations to Use for their activities. Our centre is also used for weekly meetings by &Kldhist dasses, Zumba, Fitness, dance dasses and training courses. We will Contin to monitor the incTeasing cost of living affecting the public and small charities like our own. Rising utility costs will have a negative impact on the services we provide. The centre has contin1 this year to generate its own funds thrOh the Cantn. room hire and its groups. Expenditure is dosely monitored by the Administrator to kp it to a minimum. Financial regulations The financial statements have been prepared in accordan with th8 accounting policiesset out on page 9 and 10 and complywith the constitution andapplicableaccounting standards. Flnanclal results Total Income was £181.336. Moslly from room rent £54.103, canteen Income £61,327 & Grant Income £45,525. Total expenditure was £183,683. Mostly from staff costs £81,068, Heat & Light £45,525 & Canteen direct costs £30.819. The deficit for the period was £2,347 Policy on reserves The trLLStees will continue to ensLre that savings are kept covering the reddancY costs and running of the centre should thw have to dose. TRUSTEES. REPORT (conllnued)
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 Investment Policy Aside from building up a prent amount in rewves eath year most of the charity's funds are to be spent in the short term so there are fav fimds for long term investment. A review of investment poliaes is Lda1(en at the end of eath finanaal year. FUTURE PLANS The management committee will continue to maintain the hall to a very high standard, making it an attractive and well used asset to residents of the village and beyond. As a management committee we are planning to worf( closely with other local groups and organisats'ons to collaborate on activities and projects which will be of a benefit to the residents of Scunthorpe. Trustees will continue to ensu the future of the hall by working in partnership with our long and short-term hirers as well as seeking new hirers to increase room use. Additionally, Ihe Trustees will apply for grant funding to ty and fund development of the major items in the hall. TRUSTEES, RESPONSIBILrrY FOR THE ACCOUNTS The law applicable to charities in England and Wales requires the Trustees to prepare statements of accountfor each financial yearwhich give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resou rces for that period. In preparing those financial statements, the Trustees are required to: select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent. prepare the financial ststements in accordance with the methods and principles set out in the Statement of Recommended Practice, Accounb'ng and Reporting by Charities, and to state whether or not the accounts have been ppared in accordance with that statement and applicable accounting standards", prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeplng proper accounting records which are sufficient to show and explain the charity's transactions and to disclose with reasonable accuracy atany time the financial position of the Charity. and to enable them to ensure that any statements of accountcomply with the requirements ofthe Charity (Accou nts and Reports) Regulations 2008. They are also responsible for safeguardingthe assets of the Charity and hencefor taking reasonable steps for the prevention and detection of fraud and other irregu larities. Approved by the Trustees nd signed on theirbehalf by: Daryl Southern Chairperson Date: } I ' )JtrJl fv)I
CENTRAL commuNy CENTRE ASSOCIATION Charity Number: 510287 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CENTRAL COMMUNrrY CENTRE ASSOCIATION I report on the accounts of Central Communty Centre Association for the period ended 31 Decem 2023 which are set out on pages 7 to 15. Respectlve responsibilitles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year urKler section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibilty to. examine the accounts under sect'on 145 of the Charities ACL" to follow the procedures laid down in the general Directions given by the Charty Commission under section 145 (5)(b) of the Charities Act. and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Chartty Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with tIK)se records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures Urertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a 'true and fairf view and the rep)rt is limited to those matters set out in the statement below. 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 which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or 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 Irue and fairf view which is not a matter considered as part of an independent examinatbon. I have no concems 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 understsnding of the accounts to be reached. Rebecca Trifftt MAAT Phoenix Accountancy and Business Consultancy Limited Morley's Cottage Morley's Yard Walkergate Beverley HU17 9BY @-frEbtr &) ILJar
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CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 BALANCE SHEET at 31 December2023 Notes 2023 2022 FIXED ASSETS Tangible assets 45,949 54,058 CURRENT ASSETS Stock Debtors and prepayments Bank balances.. Current Account Savings Account National Savings & Investments Pety Cash 750 7.703 750 6.840 2,985 30,982 4,330 6.343 16,000 2,054 1,555 43,975 36,317 CREDITORS: amounts falllng due within one year 980 NET CURRENT ASSETS FUNDS General funds Ragtricted funds 11 81,944 84,291 11 The notes on pages 9 to 15 fonn an integral part of these accounts These financial statements were approved by the Committ and signed on its behalf by: Daryl Southern Chairperson Date: NOTES TO THE FINANCIAL STATEMENTS
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 Forthe perlod endlng 31 December 2023 ACCOUNTING POLICIES Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effectiV8 1st January 2019)- (Charities SORP (FRS102)), the financial reposting standard applicable in the UK and Republic of Ireland {FRS102) and the Charities Acl 2011. Central Commu n ity Centre Association meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheiSe stated in the relevant accounting policy note(s). Going concern Tha bustees consider the charity to be a going concern and the accou nts have been prepared on this basis. Income Income is recognised when the charity has entitlementto the funds, any perfonnance conditions attached to the item(s) of income have been met, it is probable that the income will be received and Ihe amount can be measured reliably Gifts in kind The charity receives the benefit of wort( carried out by volunteers. Intarest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity.. this is normally upon notification of tho interest paid or payable by the bank. Fund accounting Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors. Restricted funds are accounted for separately to each other and to the core funding ofthe Charity. General funds are unrestricted funds which are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity and which have not been designated for other purposes
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 NOTES TO THE FINANCIAL STATEMENTS Forthe period ending 31 December 2023 Expenditure and irrecoverable VAT Expenditure is recognised once Ihere is a legal or constructive obligation to make a payment to a third paty, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified underthe following activity headings: Costs of raising funds comprise the costs of trading. Expenditure on charitable activities Irrecoverable VAT is charged as a cost against the activity for wh ich the expenditure was incurred Tangible fixed assats and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected usefu I life, as follows: Building Improvements Office Equipment Stocks These are valued at the lower of cost or mad(et value. 150/0 reducing balance basis 15 /0 reducing balance basis Debtors Trade and other debtors are recognised at the settlement amount due after any trade discou nt offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and shortterm highly liquid investments wilh a short matu rity of three months or less from the date of acqu isition or opening of the deposit or similar account. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to setue the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Taxation In accordance with Paragraph 1 of Schedule 6 Finance Act 2010, th8 Charity is a charity for tsx purposes and is generally exempt from Income Tax and Capital Gains Tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates. io
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 NOTES TOTHE FINANCIAL STATEMENTS Forthe period ending 31 December2023 2 INCOME FROM CHARrrABLE ACTNrriES Generdl Restricted Funds Funds 2023 2023 Total Generdl Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Room rents Membership Misc Income 54,103 194 2,996 54,103 194 2,996 67,161 247 137 67,161 247 137 Section Income 11,650 11,650 10,412 10,412 3 INCOME FROM OTHER TRADING ACTivrriES General Restrlcted Funds Funds 2023 2023 Total Funds 2023 General Restrlcted Funds Funds 2022 2022 Total Funds 2022 Canteen Income 61,327 61,327 73,541 73,541 4 INVESTMENT INCOME General Restrlctsd Funds Funds 2023 2023 Total General Restrlcted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Interest recelved 279 279 139 139 DONATIONS AND GRANT INCOME General Restrlcted Funds Funds 2023 2023 Total Funds 2023 General Restrlcted Funds Funds 2022 2022 Total Funds 2022 Covid Grants 4,000 4,499 8,499 General Donation uti l ities Grants Total 5,262 5,262 4,607 4,607 1,500 44,025 45,525 6.762 44,025 50.787 8.607 4,499 13,056
CENTRAL COMMUNITY CENTRE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS Forthe perlod ending 31 December 2023 5 EXPENDITURE ON CHARrrABLE ACTivrriES Charity Number. 510287 General Restrfcted Funds Funds 2023 2023 Totsl Funds 2023 General Restslctsd Total Funds Funds Funds 2022 2022 2022 Staff costs Insurance and water Heating and lighbng Repairs and renewals Cleaning 76.318 3,321 4,750 81,068 87,395 3,321 2,424 4,449 91,844 2,424 11,098 38,775 49,873 25,060 25,060 2,639 2.639 5,807 5,807 2,102 660 2.102 660 891 698 891 698 Independent Examiner Travel Expenses Legal and professional fees and licences Other overh ead costs 1,430 500 1,930 1,181 1,182 1,353 1,353 1,809 1,809 2,835 2,835 8,109 8,109 9,540 9,540 Depreciation 108839 152864 135831 4449 140280 COSTS OF FUNDRAISING General Restricted Funds Funds 2023 2023 Total General Restrlctsd Total Funds Funds Funds Funds 2023 2022 2022 2022 Canteen direct costs 30.819 30,819 36.720 36,720 12
CENTRAL COMMUNTrf CENTRE ASSOCIATION Charity Number: 510287 NOTES ON THE FINANCIAL STATEMENTS Forthe period ending 31 December 2023 STAFF COSTS AND TRUSTEES. REMUNERATION 2023 2022 Salaries Employers, national insurance Payroll fees 81.068 78,708 81,068 78,708 The average weekly number of employees was 9 (2022 - 8) During the year there were no payments or reimbursements of out of pocket expenses made to tsustees or to third party for expenses incurred by trustees. FIXED ASSETS Land Fumlture And and Buildings equlpment Total Cost At 1 Jan uary 2023 Additions Disposals 126,783 10,818 137,601 At 31 December 2023 126783 10,818 137601 Depreclation At 1 January 2023 Charged for the period 77,866 5,677 771 83,543 At 31 December2023 Net book value At 31 December 2023 At 31 December 2022 DEBTORS 2023 7.980 2022 6,840 Debtors and prepayments Less: provision for doubtful debts 13
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number: 510287 NOTES ON THE FINANCIAL STATEMENTS For the perlod endlng 31 December 2023 10. CREDrroRS 2023 2022 Trade Creditors Accruals Payroll creditor 4,558 3,145 4,474 11. FUNDS January Incoming Outgolng Transfer December 2023 rnsources resources Belween 2023 funds General Fund Total unrestricted funds 137311 139658 84,291 137,311 (139,658) 81,944 Restricted Funds Nats'onal Lottery Grant 44,025 (44,025) Total restricted funds 44,025 (44,025) Total funds 181336 183683 Natlonal Lottery Grant Restricted funding received from National Lottery to fund utilities costs, volunteer costs and salary costs. 14
CENTRAL COMMUNITY CENTRE ASSOCIATION Charity Number 510287 NOTES ON THE FINANCIAL STATEMENTS Forthe period ending 31 December 2023 12. Related Party Transactions During the financial period the Charity had no related paty transactions with its Trustses. 13. Going Concern The charity generates the majority of its income from renting out the facilities and trierefore the trustees considerthe charity to be a going concem. 15