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2022-09-30-accounts

Muskham Rural Community Centre Annual Report Oct 2022

Also known as North Muskham Recreation Playing Fields Association and North Muskham Recreation Committee.

Objectives and activities

The centre exists for the benefit of our local community and the villages it serves. Our objective is to provide safe, clean, accessible community facilities for all ages. The Centre comprises three different sized rooms, kitchen, stage playing field and changing facilities for sports. The Centre can be booked for family functions, community group meetings and events. All bookings for the hall are made through the booking Secretary and must comply with the booking conditions.

Achievements and performance

The centre provides a hub for community groups such as OAP luncheon club, Parents and Toddlers, Keep Fit, video games club, Table Tennis, Art group, History society, Muskham Players (Am dram) etc. The local Cougars junior football team train and play on the field. Whilst Covid lockdown temporarily closed the centre most of the pre-pandemic activities are back up and running.

The centre is home to the Preschool Playgroup 4 days a week and the Out of school club every weekday morning and evening in term time and holds the holiday club during school vacations.

Occasional users include Caravan clubs, weddings, funeral wakes, christenings, childrens’ birthday parties. Charities find us a good venue for fundraising evenings and we organise a village fete most years. We are able to offer a licenced bar if required for events.

The centre is well used and the main role of the committee is to keep it in good state of repair and organise the regular inspections and maintenance. The Centre is cleaned daily.

Financial review

We changed accountant last year as David Shaw our previous accountant was ill and sadly died this year. The accounts were taken over by David Pattinson who updated the format and corrected the way the building is displayed in the accounts. This resulted in a larger than usual accountancy fee but this was a one off.

After a tricky couple of years due to the pandemic the MRCC finances are heading back towards a better place. Compared to 2019 our annual income is 25% less. Certainly, without the grant support we have received we would have been a much worse situation.

Whilst Playgroup and Muskham Out of School continued through the pandemic, all our other groups ceased. Whilst unfortunately some, such as the WI have folded, most have returned and we have some new users such as the weekly video game players club. Occasional use for parties and charity events is also picking up and the return of the caravan meets makes a big difference to our income. Total income isn't at pre pandemic levels of course but is improving, £35,635.13

Expenditure is pretty much as we'd expect for a typical year but the increase in electricity cost and rainwater harvesting repairs have put us up to £40,524.45. Our 3 year fixed rate electricity deal

ended in Feb 2022 and the rate per unit is double what we were paying resulting. Whilst we are endeavouring to be energy efficient and reduce consumption, it was not unexpected that electricity was £9,669 this year and expected to be well over £12,000 pa for 22/23.

£4,889.32 was paid to FCC as our 10% third party contribution to the new playground construction. This has recently opened and is a marvellous asset to the village.

The capturing memories project has not been very active during the pandemic so we still hold funds for that project for delivery with young people at a future date.

Looking forward to 2023 we are expecting to have to dip into reserves for running costs next year unless we can attract a good uplift in income or raise additional funds through grants or donations.

Structure, governance and management

The Centre is managed by the committee of trustees appointed every year at the AGM. We have a set of regular and committed individuals , some who have sat on the committee managing previous community buildings on the site for over 30 years. As tasks become necessary members of the committee volunteer to complete them depending on their skills.

Reference and Administrative details

List of Trustees – no new appointments or resignations during the year

Chair: Nick Noot Davies

Vice Chair: Emily Sanders

Secretary: Nick Hutchings

Treasurer: Jude Andrews

Helen Waterfield

Brian White

David Mellors

Jeff Hannabuss

Gemma Lawrence

Andrew Willey

Health and Safety and Compliance : Ian Harrison

Bar Manager: Andy Willey

Booking Secretary: Jude Andrews

Parish Council representatives: Nick Hutchings and Ian Harrison

MUSKHAM RURAL COMMUNITY CENTRE

NELSON LANE, NORTH MUSKHAM, NEWARK, NOTTINGHAMSHIRE.

ACCOUNTS

YEAR ENDED 30 SEPTEMBER 2022

CHAIR N. Noot Davies ADDRESS - Nelson Lane, North Muskham, CHARITY NUMBER 511985 Newark, Nottinghamshire. NG23 6HL

INDEX

Trustees’ report
Independent Examiner’s report
Statement of Financial Activities
Balance sheet
Notes
Page
1 - 2
3
4
5
6 - 10

David Pattinson, Chartered Accountants, 233, London Road, Balderton, Newark, Nottinghamshire.

1

MUSKHAM RURAL COMMUNITY CENTRE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 SEPTEMBER 2022

The trustees present their report and the accounts of the charity for the year ended 30 September

Also known as North Muskham Recreation Playing Fields Association and North Muskham Recreation Committee.

Objectives and activities

The centre exists for the benefit of our local community and the villages it serves. Our objective is to provide safe, clean, accessible community facilities for all ages. The Centre comprises three different sized rooms, kitchen, stage playing field and changing facilities for sports. The Centre can be booked for family functions, community group meetings and events. All bookings for the hall are made through the booking Secretary and must comply with the booking conditions.

Achievements and performance

The centre provides a hub for community groups such as OAP luncheon club, Parents and Toddlers, Keep Fit, video games club, Table Tennis, Art group, History society, Muskham Players (Am dram) etc. The local Cougars junior football team train and play on the field. Whilst Covid lockdown temporarily closed the centre most of the pre-pandemic activities are back up and running.

The centre is home to the Preschool Playgroup 4 days a week and the Out of school club every weekday morning and evening in term time and holds the holiday club during school vacations.

Occasional users include Caravan clubs, weddings, funeral wakes, christenings, children’s birthday parties. Charities find us a good venue for fundraising evenings and we organise a village fete most years. We are able to offer a licensed bar if required for events.

The centre is well used and the main role of the committee is to keep it in good state of repair and organise the regular inspections and maintenance. The Centre is cleaned daily.

Financial review

We changed accountant last year as David Shaw our previous accountant was ill and sadly died this year. The accounts were taken over by David Pattinson who updated the format and corrected the way the building is displayed in the accounts. This resulted in a larger than usual accountancy fee but this was a one off.

After a tricky couple of years due to the pandemic the MRCC finances are heading back towards a better place. Compared to 2019 our annual income is 25% less. Certainly, without the grant support we have received we would have been a much worse situation.

Whilst Playgroup and Muskham Out of School continued through the pandemic, all our other groups ceased. Whilst unfortunately some, such as the WI have folded, most have returned and we have some new users such as the weekly video game players club. Occasional use for parties and charity events is also picking up and the return of the caravan meets makes a big difference to our income. Total income isn't at pre pandemic levels of course but is improving, £40,106.

2

MUSKHAM RURAL COMMUNITY CENTRE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 SEPTEMBER 2022

Expenditure is pretty much as we'd expect for a typical year but the increase in electricity cost and rainwater harvesting repairs have put us up to £38,990, excluding depreciation. Our 3 year fixed rate electricity deal ended in Feb 2022 and the rate per unit is double what we were paying. Whilst we are endeavouring to be energy efficient and reduce consumption, it was not unexpected that electricity was £9,983 this year and expected to be well over £12,000 pa for 22/23.

£5,563 was paid to FCC as our 10% third party contribution to the new playground construction. This has recently opened and is a marvellous asset to the village.

The capturing memories project has not been very active during the pandemic so we still hold funds for that project for delivery with young people at a future date.

Looking forward to 2023 we are expecting to have to dip into reserves for running costs next year unless we can attract a good uplift in income or raise additional funds through grants or donations.

Structure, governance and management

The Centre is managed by the committee of trustees appointed every year at the AGM. We have a set of regular and committed individuals, some who have sat on the committee managing previous community buildings on the site for over 30 years. As tasks become necessary members of the committee volunteer to complete them depending on their skills.

Reference and Administrative details

List of Trustees – no new appointments or resignations during the year Chair: Nick Noot Davies Vice Chair: Emily Sanders Secretary: Nick Hutchings Treasurer: Jude Andrews Helen Waterfield Brian White David Mellors Jeff Hannabuss Gemma Lawrence Andrew Willey Health and Safety and Compliance: Ian Harrison Bar Manager: Andy Willey Booking Secretary: Jude Andrews Parish Council representatives: Nick Hutchings and Ian Harrison

By order of the Committee on 6 March 2023

Trustee A. WILLEY

3

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MUSKHAM RURAL COMMUNITY CENTRE

I report on the accounts of Muskham Rural Community Centre, for the year ended 30 September 2022 which are set out on page 4 to 10.

Respective responsibilities of trustees and examiner

As the Charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 (the Charities Act) does not apply, and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken 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 fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

David Pattinson, Chartered Accountant 233, London Road, Balderton, Newark, Nottinghamshire. NG24 3HA

17 April 2023

4

MUSKHAM RURAL COMMUNITY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 30 SEPTEMBER 2022

2022 2021
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds funds funds
£ £ £ £ £ £
Note
Income and endowments from:2
Donations and legacies 4,094 - 4,094 19,948 - 19,948
Other trading activities 34,380 - 34,380 16,156 - 16,156
Investments 2 - 2 3 - 3
Other 1,630 - 1,630 1,371 - 1,371
------------ ------------ ------------ ------------ ------------ ------------
Total 40,106 - 40,106 37,478 - 37,478
------------ ------------ ------------ ------------ ------------ ------------
Expenditure on: 3
Raising funds 3,884 - 3,884 1,780 - 1,780
Charitable activities 29,125 5,074 34,199 21,471 - 21,471
Other 5,276 21,616 26,892 6,017 21,616 27,633
------------ ------------ ------------ ------------ ------------ ------------
Total 38,285 26,690 64,975 29,268 21,616 50,884
------------ ------------ ------------ ------------ ------------ ------------
Net income/(expenditure) 1,821 (26,690) (24,869) 8,210 (21,616) (13,406)
Transfer between funds - - - - - -
------------ ------------ ------------ ------------ ------------- ------------
Net movement in funds 1,821 (26,690) (24,869) 8,210 (21,616) (13,406)
Reconciliation of funds: 8
Total funds brought forward 54,617 349,322 403,939 46,407 370,938 417,345
------------ ------------ ------------ ------------ ------------ ------------
Total funds carried forward 56,438 322,632 379,070 54,617 349,322 403,939
------------ ------------ ------------ ------------ ------------ ------------

The notes on pages 6 to 10 form part of these accounts

5

MUSKHAM RURAL COMMUNITY CENTRE

BALANCE SHEET

30 SEPTEMBER 2022

2022 2021
Note £
£
£
£
Fixed assets: 5
Tangible assets 365,076 391,061
Current assets: 6
Stock 937 658
Debtors and prepayments 5,074 515
Cash at bank and in hand 35,477 39,908
------------ ------------
Total current assets 41,488 41,081
------------ ------------
Current liabilities: 7
Creditors: Amounts falling due within one year 494 1,203
Current portion of long-term liabilities 3,000 1,500
------------ ------------
3,494 2,703
------------ ------------
Net current assets 37,994 38,378
------------ ------------
403,070 429,439
Long-term liabilities
Loan 9 24,000 25,500
------------ ------------
Total net assets 379,070 403,939
------------ ------------
The funds of the charity: 8
Unrestricted funds 56,438 53,927
Restricted - Building – Capital 321,013 343,104
National Lottery – Capital 1,288 1,503
Playground - 5,074
Capturing memories 331
322,632
331
350,012
------------
------------
------------
------------
Total charity funds 379,070 403,939
------------ ------------
A. WILLEY
) Trustees
J. ANDREWS
Approved by the committee on 6 March 2023 Charity number 511985

The notes on pages 6 to 10 form part of these accounts

6

MUSKHAM RURAL COMMUNITY CENTRE

NOTES

30 SEPTEMBER 2022

1. ACOUNTING POLICIES

a) Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with the Charities Statement of Recommended Practice (FRS102) (effective January 2015).

b) Grant income and donations

Grants are treated as income in the year that they are received; donations are accounted for as received.

c) Expenses

Expenditure is accounted for as incurred.

d) Tangible fixed assets

Assets costing more than £200 will be capitalised and depreciated as follows:

7

MUSKHAM RURAL COMMUNITY CENTRE

NOTES

30 SEPTEMBER 2022

2. INCOME AND ENDOWMENTS

(a)
(b)
(c)
(d)
2022
2021
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
£
£
£
£
£
£
Donations and legacies
NSDC - Covid 19 grants
-
-
-
19,403
-
19,403
Newark & Sherwood Omicron grant
2,667
-
2,667
-
-
-
Parish Council grant
1,307
-
1,307
425
-
425
Donations
120
-
120
120
-
120
------------
------------
------------
------------
------------
------------
4,094
-
4,094
19,948
-
19,948
------------
------------
------------
------------
------------
------------
Other trading activities
Fund raising efforts
-
-
-
-
-
-
Bar sales
8,688
-
8,688
2,601
-
2,601
Live and local ticket sales
-
-
-
250
-
250
Rental income - Regular users
19,131
-
19,131
11,519
-
11,519
Occasional users
2,414
-
2,414
1,786
-
1,786
Caravans
4,147
-
4,147
-
-
-
------------
------------
------------
------------
------------
------------
34,380
-
34,380
16,156
-
16,156
------------
------------
------------
------------
------------
------------
Investments
Interest
2
-
2
3
-
3
------------
------------
------------
------------
------------
-------------
Other
Feed in tariff from solar panels
1,630
-
1,630
1,371
-
1,371
------------
------------
------------
------------
------------
-------------
------------
------------
------------
------------
------------
-------------
Total incoming resources
40,106
-
40,106
37,478
-
37,478
------------
------------
------------
------------
------------
------------

8

MUSKHAM RURAL COMMUNITY CENTRE

NOTES

30 SEPTEMBER 2022

3. EXPENDITURE

(a)
(b)
(c)
Total
2022
2021
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Note
funds
funds
funds
funds
funds
funds
£
£
£
£
£
£
Raising funds
Fundraising expenses
-
-
-
-
-
-
Bar expenses
3,884
-
3,884
1,500
-
1,500
Live and local performance fee
-
-
-
280
-
280
------------
-------------
------------
------------
------------
------------
3,884
-
3,884
1,780
-
1,780
------------
-------------
------------
------------
------------
------------
Charitable activities
Cleaner
4,880
-
4,880
3,585
-
3,585
Cleaning materials
955
-
955
989
-
989
Field maintenance materials
1,083
-
1,083
1,307
-
1,307
Light and heat
9,983
-
9,983
5,371
-
5,371
Water
800
-
800
293
-
293
Refuse
1,474
-
1,474
1,545
-
1,545
Telephone and postage
262
-
262
60
-
60
Muskham PC - extra payment
-
-
-
1,500
-
1,500
Insurance and licence
2,371
-
2,371
2,181
-
2,181
Building maintenance
6,435
-
6,435
4,428
-
4,428
Miscellaneous
-
-
-
15
-
15
Membership
95
-
95
57
-
57
Stationery and advertising
298
-
298
140
-
140
Donation to Parish Council for playground
489
5,074
5,563
-
-
-
------------
-------------
------------
------------
------------
------------
29,125
5,074
34,199
21,471
-
21,471
------------
-------------
------------
------------
------------
------------
Other
Bookings
600
-
600
600
-
600
Bank charges
67
-
67
26
-
26
Depreciation
5
25,985
-
25,985
26,167
-
26,167
Independent Examiner’s fee
240
-
240
840
-
840
Amortisation of capital funds
(21,616)
21,616
-
(21,616)
21,616
-
------------
------------
------------
------------
------------
------------
5,276
21,616
26,892
6,017
21,616
27,633
------------
------------
------------
------------
------------
------------
------------
------------
------------
------------
------------
------------
expenditure
38,285
26,690
64,975
29,268
21,616
50,884
------------
------------
------------
------------
------------
------------

9

MUSKHAM RURAL COMMUNITY CENTRE

NOTES

30 SEPTEMBER 2022

4. TAXATION

As a Registered Charity, Muskham Rural Community Centre is exempt from UK Corporation Tax.

5. FIXED ASSETS

Leasehold
Building
£
Cost
1 October 2021 and 30 September 2022 601,424
------------
Depreciation
1 October 2022
231,320
Charged
23,132
------------
30 September 2022
254,452
------------
Net book value
30 September 2022
346,972
------------
30 September 2021
370,104
------------
Solar Panels
£
20,034
------------
6,012
1,002
------------
7,014
------------
13,020
------------
14,022
------------
Fixtures &
Fittings &
Equipment
£
46,621
------------
39,686
1,851
------------
41,537
------------
5,084
------------
6,935
------------
Total
Fixed Assets
£
668,079
------------
277,018
25,985
------------
303,003
------------
365,076
------------
391,061
------------

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade debtors 544 -
Accrued income 3,783 -
Prepayments 747 515
------------ -------------
5,074 515
------------ ------------
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors 114 -
Accruals and deferred income 380 1,203
------------ ------------
494 1,203
------------ ------------

10

MUSKHAM RURAL COMMUNITY CENTRE

NOTES

30 SEPTEMBER 2022

8. OUTLINE SUMMARY OF FUND MOVEMENTS

Fund balances Fund balances Gains and Fund balance
Brought forward Income Expenditure Transfers Losses Carried forward
£ £ £ £ £
£
Unrestricted funds 54,617 40,106 (38,285) - -
56,438
Restricted - Building Capital 342,414 - (21,401) - -
321,013
National Lottery Capital
1,503
- (215) - -
1,288
Playground 5,074 - (5,074) - -
-
Capturing memories 331 - - - -
331
------------ ------------ ------------ ------------ ------------
------------
403,939 40,106 (64,975) - -
329,070
------------ ------------ ------------ ------------ ------------
------------

Unrestricted funds are those available for the general purposes of the charity. The restricted funds are grants which may be spent only on the projects for which they were given.

9. TERMS OF LOAN

The Parish Council loaned £45,000 to Muskham Rural Community Centre in 2010. This loan is to be repaid in equal annual instalments over 30 years.

10. TRUSTEES’ EXPENSES, REMUNERATION AND BENEFITS

No trustee expenses have been incurred.

No trustees have been paid any remuneration or received any other benefit from an employment with Muskham Rural Community Centre.

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