OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Cholsey Day Centre Accounts 2021

Page Index

1. Trustees’ Annual Report

2. Independent Examiner’s Report

3. Balance Sheet

4. General Fund Income and Expenditure

5. Operating Income and Expenditure

6. Notes to the Accounts

THE CHOLSEY DAY CENTRE TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31° DECEMBER 2021 The Trust￿ was•nt Iheir Report for Year enda 31° O￿ter 2￿21 The and oxp•nditur& accounts for the yoar. together ith the balance sheet a8 of Dewnt4r 31 2021 aro shon In the attached a￿￿)unts. The a￿1V￿¢S of Th8 Chdsty Day Centre Trust continue to be gover￿ by the T￿t Deed dated ft M8y 1990. The continuing priorty r6 to meet ￿ e￿5￿"1vj anrj ¢thovJlrw SOC#￿ needs of th8 fral and wJln8rth of It loe41 and irnmodi8tdy surroundirvj community. It ha$ tw7 anolher unusual year for ￿ Day c￿￿. Htrvor. cKJnty"nued go¥emm￿t grant a￿. the fijrfough $d)eme and a sucLessful swed ￿tuM to a safe capacty the Centre has managed not only to regain its lost m¢)menium but also trj develop a numl)er ol n8w initi8tiv85 like the Meals on Foot scheme. We shall a160 shortty see the addition of a new day set aside for wllJers mlid to mcxyerate demontia. and look forward r¥Jw to a ￿nDd of 5tsble grsting Trus1888 fdlcthing nomlnat At Annual General MeeD"ng. FIn￿￿111 pollel•• conunuing. overall policy of the Tnjstees is to maintaln reserves. suitsbly invested. to generate stfficient incorne to Cover antiupated operab"ThJ losses. CLKf8ntty, in tho short tsrm bwe wll be 8 51tyhUy larger draw down to maintaSn and enhance the day cAfft's a¢tiw¢s. Vduntary ine4mè and fijndraising aCts"v￿e¥ are gXFeCted to SUw￿￿nt this b81ance 811ow for somo in Ihe general ftJThJ. enabliw new In￿a￿Ve$ to be impl8menled. Tr Trustees are ad¥lsed on Invejtrngnt $trat8gy by the stockbrt*ers. 8¥day8 Woath M8nagem•nt Ltd. I deda￿, In my capa• as Chair of the Trustees, that ￿ Trustees have approvgd the above repyt and have authorised m8 to swJn it on th￿r beha￿. E¥e Ev8n8

INDEPENDENT EXAMINER'S REPORT ON THF. ACCOUNTS FOR THE YEAR EiIDED 3151 DECEI¥IBF.R 2021 {￿t out on p#ge5 3 to 61 Resptetive re4ponsibilitie8 of truste¢$ ind examiner The charity's Iru5te¢s are reswnsible for the pr¢paraiion of the accounts. Th¢ charity's tn)sl¢es consid¢r ihai an audii ts not r¢quir¢(f foT this >car und¢r section 144 of the Charities Act 2011 (the Charities Act) and thai an indep¢ndcni examination is needed. It is my reswnsibtliiy lo.. examin¢ the accounts under section 145 of the Ch￿itieS Act. to follow the procedure5 Iwd down in the general Di￿0110￿5 given by the Chariiy Commission lunder 5¢ciion 14515llbl of the Chariiies Act, and to siaie whether parti¢ularmatter5 hav¢ come 10 my atkntion. Baslj of independent exxmintr's stgtement My ¢xamination was carried out in accordonce with General t)ireciions given by the Charity Commission. An exa]nitL4tion includes a r¢vi¢w of the accounting records kept bv the charity 8t￿ a ¢ompari50n of Ihc aeeounts pre5cnied with those record8. li also includ¢s consideration of any unusual items or disclosure5 in the accounts, and seekin8 explanaiions fn)m (he tNsiee$ cunceming any Such maiters. The proc¢dures und¢rtakert do not provide &ll the ei'idence that M'ould be TeqiJiTed in an audit. and ¢onsequently no opirtloll 15 given as to whether the accounts PT¢seni a'true 8nd fair. view and the report is limited to tIK>se matt¢rs set Out in the Statement bplow. IDd¢pendeknt examiner's Statement In cotmectiort with my examination, no matter ha5 come to my attention.. wlueh gives me reasonabl¢ cause to klieve ihat in, any Ma￿rial resFrtL the requiTemetits.' io keep accounting records in accordance 5e¢tion 130 of (he ek￿lI1¢S Act" and to prepare aeeounls whtch aecord with the accounting records and comply the accounting requir¢menis of th¢ Charities Aci have not E¢¢n mei,. or 2. to which, in my opinion. attention should dra￿￿ in order to enable a pro derstanding of the a¢counts to be rea¢ R W Oakes C.T.A David Mitchell & Co 4 The Pound Cholsey, Oxon, OXIO 9NS Pag¢ 2

The Cholsey Day Centre Trust Balance Sheet as at31st December 2021 2021 2020 CURRENT ASSETS Debtors and prepayments Investments Bank and 6uikling Society Deposits {Note 1) {Note 7) (Note 8) 933 214,569 783 234,796 242,386 265,959 LESS CURRENTLIABILITIES (Note 2) 2,515 2,515 NET ASSETS 239,871 263,444 FUNDED BY: Geneial Fund {Note 3} Legacy Fund (Note 4) Cholsey Coronawrus Support Group FuThJ (Note 5) Cholsey Volunteers FurKJ {Note 6) 25,959 210,254 2,280 33,605 210,254 6,385 13202 239 872

The Cholsey Day Centre Trust General Fund Income & Expenditure Account for the year ended 31st December 2021 2021 2020 INCOME DAY CENTRE Donations Fund Raising Day Centre Virus Support Grants Inveslment Income 3,356 4,089 26,374 5,579 1,600 3,000 31,234 CHOLSEY CORONAVIRUS SUPPORT GROUP Grants & Donations 3,835 13,947 CHOLSEYVOLUNTEERS Grants, Donations & Fundraising 6,983 15,679 TOTAL INCOME 50,216 72,026 EXPENDITURE DAY CEIffiiE Equipmenl, Fumiture & Fittings Fees re irNestments Donation to Parish Council ie Okjer Persons 1,750 668 638 CHOLSEYCORONAMRUS SUPPORT GROUP Staff cosl, food & materials 7,940 7,561 CHOLSEYVOLUWEERS Staff cosl & supplies 18,805 2,477 TOTAL EXPENDITURE 29,164 10,677 GENERAL FUND NET SURPLUS1 (DEFICIT) FOR YEAR 21,052 61,349 add NETOPERATING SURPLUS I (DEFICIT) FOR YEAR -65,068 -68,696 TOTAL NET SURPLUS I(DEFICIT) FOR YEAR 44,016 -7,348

The Cholsey Day Centre Trust Operating Income & Expenditure Account for the year ended 31st December 2021 2021 2020 INCOME Membership lunch revenues Sales Rerrtal Income 22,098 2,874 1,704 9,923 982 2,960 TOTAL INCOME 26,676 13.865 EXPENDITURE Staffing Costs Food Heat. Light & Water Rerrt & Rates Repaiis Telephone Insurance Cleaner I Caretaker Acbvlbes Transport General Expenses & Other Supplies TOTAL EXPENDITURE 70,148 6,554 3,199 64,852 2,607 5,939 1,722 809 1,870 2,290 150 273 4729 91,744 1,253 838 1,339 750 207 82,561 OPERATING SURPLUS I (DEFICIT) FOR YEAR (carried forward to General Fund Income Statsment) 5,068 -68,696

The Cholsey Day Centre Trust The Cholsey Day Centre Trust The Cholsey Day Centre Trust The Cholsey Day Centre Trust
Notes to the accounts for
theyear ended 31st December 2021
2021 2020
£ £
NOTE 1 DEBTORS
Insurance prepayment 933 783
NOTE 2 CREDITORS
Operational accruals 2,050 2,050
Provision for Portfolio Investment Fee Oct/Dec 2021 165 165
Provision for accounting fees (payroll services) 300 300
2,515 2,515
NOTE 3 GENERAL FUND
Balance at 1st January 2021 33,605 70,078
Net Surplus / (Deficit) for year -44,016 -7,348
Remove Coronavirus Support Income & Expense to N
4,105
-6,385
Remove Cholsey Volunteers income & expense to N o
11,822
-13,202
Realised / unrealised investment gains / (losses) 20,442 -9,538
Balance at 31st December 2021 25,959 33,605
NOTE 4 MOLLIE WEEDON LEGACY FUND
Balance at 1st January 2021 210,254 210,254
Balance at 31st December 2021 210,254 210,254
NOTE 5 CHOLSEY CORONAVIRUS SUPPORT FUND
Balance at 1st January 2021 6,385
Income from grants & donations 3,835 13,947
Expenses (food & materials) -7,940 -7,561
Balance at 31st December 2021 2,280 6,385
NOTE 6 CHOLSEY VOLUNTEERS
Balance at 1st January 2021 13,202
Income from grants, donations & fundraising 6,983 15,679
Expenses (staff & materials) -18,805 -2,477
Balance at 31st December 2021 1,379 13,202
NOTE 7 INVESTMENTS
Balance at 1st January 2021 234,796 265,008
Realised / unrealised investment gains /
(losses) transferred to General Fund
20,442 -9,538
Dividend & Interest income to General Fund
Income / Expenditure statement
5,579 6,566
Transfer to Day Centre Lloyds TSB current account -45,579 -26,566
BarclayWealth Fees to General Fund
Income /Expenditure statement
-668 -673
Balance at 31st December 2021 214,569 234,796
NOTE 8 BANK & BUILDING SOCIETY DEPOSITS
Lloyds TSB Operations Account 26,883 30,380
Total bank & building society deposits 26,883 30,380

6