## **Cholsey Day Centre Accounts**
## **31st December 2022**
|**Page**||
|---|---|
||**Index**|
|**1**|**Trustees' Annual Report**|
|**2**|**Independent Examiners Report**|
|**3**|**Balance Sheet**|
|**4**|**General Fund Income & Expenditure Account**|
|**5**|**Operating Income & Expenditure**|
|**6**|**Notes to the accounts**|
THE CHOLSEY DAY CENTAÉ TRUST
TRUSTEES REPORT FOR THE YEAR ENDED 31" DECEMBER 2022
Rlow Ot a¥{1198 2022
The incorne and expenditu a¢¢ounts for the year. toaether balance $heet as of
Dec 31° 2022 are 5htr*n in the atta¢hed accounts.
The adivities of the Chdsey Day Centre Trust continue to be govemed by the Tnjst D88d
dated 7° May 1990. The continuing worty Is to rneel the existing and chaTrJing 80aal needs
of tF* froil and Vulnerab of the local and imrn8diately surrouThJirvJ community
The Day Centre ¢ontinuès to thrive with increased attendance. The addrtional day set ask3&
for members wth Tnild to rnodtrrate dementia has proved to be a lrfeline for family cats.
and the outreach p05t. for which the Day Cento CeIVed funding al the end of the year, ha5
made a huge drffer8nc8 to elderfy people IoDking for a bndge betswn home and Centre.
Stab staff team have 8hovm great CnmItMent in unrtakIa furK1rai8ing and cArirvJ
dut5 tsey0 their ro. and the Day Centre arnad dunng the year that there has a
subsiantial bequest a fomier memter whlch I11 88cJJre Ih8 Centr¢$ fulure t thg
fore5ee#tse futur*.
As *ill té seen In the tralan sheei, the D885Jrwed Legacy funds afe twked tsy
Invest1. Their overall Value has contin to yovhle addOnal income enabliThJ to
make transfers to the General Fund en ne8d8d to CQV8r 0ratirj deficats.
The name8 of all actirvJ trust868 durirvJ t year Br8 available frcffl Ihe Chair tho 8nsur88
that the Charity CoMmi10n records ¥8 UFdated.
TNstee5 are apwinted by 8 majonty Vote ol existing Tnffjtees tollowNJ nominatw)n at the
Annual Gertsral Meeting.
Flnanclal polScl08
The conts'nuin9 ovwall policy of the Trustee8 is to maintain reser¥e8. Surtably invested, to
9ewate $uffic*nt in¢une to cover antpated opera*ThJ108888,
cUrrenY, in th8 short term there *ill te a 51vJhtly larger drsw-dobvn to maintain and enhan
the day centr8's activrties. Voluntary inGotn¥ and furKlraising aGtivrtie5 are expeLled to
Supplement thrd balance and allow for some gr in th8 gerra1 fund, en8Ing new
inrfialive$ to tye Impmented. Truste88 are thsed on in¥881m8nt strategy by th8
610cktffokers. 8ardays Wèafth Managèmèfit Ltd.
I d8dar8, in my eapacty as Chalr of Ihe TruJtee8. that the have approved Ihe
abo¥e f8POrt and have authorRed rne to sNJn rt on their bohaw.
29 o Cioskn £JtS
Eve Evan8
Date
P402
INDEPENDEf*T EXAMINFR'% REPI)RT {) THE Af.COUThTS
FOR THE YF.AR ENDED 31. DECEMBF.R 2022 IAet out OD p*%e$ 3 10 61
Rexpetliv¢ respon%il)ililit4 trv%le¢x an¢1 examirL¢r
'rh¢ ¢h&rii>'s Irusi¢¢% are rLsponsibl¢ for IhL' pr¢paraiion of the accounls.'I"he chariry's
Irusiees ¢onsid¢r Ihal an dudii is nvl required foT Ihi5 )'var linder section 144 of the Charities
Aci 2011 (the Charilies Acll and Ihal an independcnl examination is needed.
It is my Te%tM)nsibiliTy IQ..
examine the accnunls under seciiDn 145 of the Chariiies Act.
10 follom. lh¢ pro¢durts laid d(ii¥n in the ¥pctt¢ral I)iTtionS given by the Clwity
Commission (under st¢iion 14515llbl of Ih¢ Chariiieb ALI.
• 10 51ale whciher particulaT tnaiier5 havc comc 10 Tny allenlion.
Bas18 of iDdependont QXADijD¢T'Y Stgtomont
My ¢xaminaii4n was carried oui in acrdanly 1th C)¢ncral Directions given by Ihc Charity
Commi*%ion. Att cx8minaiion inclu(k,s a rci'icw of ihc aecouniinb rL*ords kvpl by Ihe charity
and a comparsson of ihe aceounis presented lIh ihose reeord$. It also includes eonsideraiion
of any uttu$ual ii¢ms or disclosuTt5 in Iht aeeounts. and sLrk"ing explanaTiO from ihe
Irusiets LoncemirtbT any such mallers. The pr(Kedures undert3ken do noi Prolde all the
evidence that be rcquired in an audit. and Consequentl no opinion is given as to
hhL'r the aLLounts preseiii a'true ar fdll and ihe rep)rt Is to thos¢ maii¢rs
t out in the statement belo%4'.
JDdepeDdeDt exAmiDer's statement
In ¢ortne¢iion with my examination. ]h) mailer has Cthtxe 10 m> attention..
which giv Tne reasonable cause lo believe thai ITh, any maierial respecL the requirements..
to keep accouniing Tecords in accordance 1th 5eciion 130 of the Charities Act.. and
to prepare accounis leh accord w'ith the xcountin8 records and Comply wilh lh¢
aceounitng requircmcnls of Ihc C'hariilcs Aci
have Mi bEen mel.. or
2. to which. in my opinion. aiieniion should be thwn in order 10 enable a Proper
¢rSta[Ing of lh¢ COun$ 10 be r¢ach¢d.
W Oake5 C.T.A
David Mitchell & Co
4 Th¢ Pound
.h¢ll>.. Oxon. OXIO 9NS
Datt..
Page 2
|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||
|**Balance Sheet as at 31st December 2022**|||||||||||
||||||||||||
|||||||||2022||2021|
|||||||||£||£|
||||||||||||
|**CURRENT ASSETS**|||||||||||
||||||||||||
||Debtors and prepayments||||(Note 1)|||1,149||933|
||Investments||||(Note 7)||143,171|||214,569|
||Bank and Building Society Deposits||||(Note 8)||20,945|||26,883|
||||||||||||
||||||||165,265|||242,386|
||||||||||||
|**LESS CURRENT LIABILITIES**|||||(Note 2)||2,515|||2,515|
||||||||||||
|**NET ASSETS**|||||||162,750|||239,871|
||||||||||||
||||||||||||
||||||||||||
|**FUNDED BY:**|||||||||||
||||||||||||
||General Fund||||(Note 3)||162,751|||25,959|
||Legacy Fund||||(Note 4)||0|||210,254|
||Cholsey Coronavirus Support Group Fund||||(Note 5)||0|||2,280|
||Cholsey Volunteers Fund||||(Note 6)||0|||1,379|
||||||||||||
||||||||162,751|||239,872|
|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||
|**General Fund Income & Expenditure Account**|||||||||||
|**for theyear ended 31st December 2022**|||||||||||
|||||||||2022||2021|
|||||||||£||£|
|**INCOME**|||||||||||
||DAY CENTRE||||||||||
|||Donations||||||7,908||3,356|
|||Fund Raising||||||4,351||4,089|
|||Day Centre Grants|||||20,837|||26,374|
|||Investment Income|||||5,211|||5,579|
||||||||||||
||CHOLSEY CORONAVIRUS SUPPORT GROUP||||||||||
|||Grants & Donations|||||0|||3,835|
||||||||||||
||CHOLSEY VOLUNTEERS||||||||||
|||Grants, Donations & Fundraising|||||0|||6,983|
||||||||||||
|**TOTAL INCOME**|||||||38,306|||50,216|
||||||||||||
||||||||||||
|**EXPENDITURE**|||||||||||
||DAY CENTRE||||||||||
||Equipment, Furniture & Fittings||||||6,615|||1,750|
||Fees re investments||||||556|||668|
||||||||||||
||CHOLSEY CORONAVIRUS SUPPORT GROUP||||||||||
||Staff cost, food & materials||||||0|||7,940|
||||||||||||
||CHOLSEY VOLUNTEERS||||||||||
||Staff cost & supplies||||||0|||18,805|
||||||||||||
||||||||||||
|**TOTAL EXPENDITURE**|||||||7,171|||29,164|
||||||||||||
|**GENERAL FUND NET SURPLUS /(DEFICIT) FOR YEAR**|||||||31,135|||21,052|
||||||||||||
|**add NET OPERATING SURPLUS /(DEFICIT) FOR YEAR**|||||||-85,035|||-65,068|
||||||||||||
|**TOTAL NET SURPLUS /(DEFICIT) FOR YEAR**|||||||**-53,900**|||**-44,016**|
|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**|**The Cholsey Day Centre Trust**||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||
|**Operating Income & Expenditure Account**|||||||||||
|**for theyear ended 31st December 2022**|||||||||||
||||||||||||
|||||||||2022||2021|
|||||||||£||£|
||||||||||||
|**INCOME**|||||||||||
||Membership lunch revenues|||||||50,055||22,098|
||Sales|||||||6,049||2,874|
||Meals on Foot|||||||6,076|||
||Rental Income|||||||3,505||1,704|
||||||||||||
|**TOTAL INCOME**||||||||65,685||26,676|
||||||||||||
||||||||||||
|**EXPENDITURE**|||||||||||
||Staffing Costs||||||114,750|||70,148|
||Food||||||10,825|||6,554|
||Heat, Light & Water||||||6,957|||3,199|
||Rent & Rates||||||0|||0|
||Repairs||||||860|||1,722|
||Telephone||||||933|||809|
||Insurance||||||1,679|||1,870|
||Cleaner / Caretaker||||||437|||2,290|
||Activities||||||1,200|||150|
||Transport||||||90|||273|
||General Expenses & Other Supplies||||||12,987|||4,729|
|**TOTAL EXPENDITURE**|||||||150,720|||91,744|
||||||||||||
||||||||||||
|**OPERATING SURPLUS /(DEFICIT) FOR YEAR**|||||||**-85,035**|||**-65,068**|
|**(carried forward to General Fund Income Statement)**|||||||||||
||||||||||||
|**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 2022**||||||||||||
||||||||||2022||2021|
||||||||||£||£|
|||||||||||||
|NOTE 1|DEBTORS|||||||||||
|||Insurance prepayment|||||||1,149||933|
|||||||||||||
|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 2022||||||25,959||33,605|
||||Net Surplus / (Deficit) for year||||||-53,900||-44,016|
||||Transfer Legacy Fund. Note 4||||||210,254|||
||||Transfer of remaining CCSF fund. Note 5||||||1,280|||
||||Remove Coronavirus Support Income & Expense to N||||||
0||4,105|
||||Remove Cholsey Volunteers income & expense to N||||||o
0||11,822|
||||Realised / unrealised investment gains / (losses)||||||-20,842||20,442|
||||Balance at 31st December 2022||||||162,751||25,959|
|||||||||||||
|NOTE 4|MOLLIE WEEDON LEGACY FUND|||||||||||
||||Balance at 1st January 2022||||||210,254||210,254|
||||Transfer 1/1/22 balance to General Fund||||||-210,254|||
|||||||||||||
||||Balance at 31st December 2022||||||0||210,254|
|||||||||||||
|NOTE 5|CHOLSEY CORONAVIRUS SUPPORT FUND|||||||||||
||||Balance at 1st January 2022||||||2,280||6,385|
||||Income transferred to CV (Note 6)||||||-1,000|||
||||Remainig 1/1/22 balance transferred to General Fund||||||-1,280|||
||||Income from grants & donations||||||0||3,835|
||||Expenses (food & materials)||||||0||-7,940|
||||Balance at 31st December 2022||||||0||2,280|
|||||||||||||
|NOTE 6|CHOLSEY VOLUNTEERS|||||||||||
||||Balance at 1st January 2022||||||1,379||13,202|
||||Income transferred from CCSF (Note 5)||||||1,000||6,983|
||||Expenses (staff & materials)||||||-18||-18,805|
||||Final transfer to CV Bank account||||||-2,361|||
||||Balance at 31st December 2022||||||0||1,379|
|||||||||||||
|NOTE 7|INVESTMENTS|||||||||||
||||Balance at 1st January 2022||||||214,569||234,796|
||||Realised / unrealised investment gains /
(losses) transferred to General Fund||||||-20,842||20,442|
||||Dividend & Interest income to General Fund
Income / Expenditure statement||||||5,211||5,579|
||||Transfer to Day Centre Lloyds TSB current account||||||-55,211||-45,579|
||||BarclayWealth Fees to General Fund
Income /Expenditure statement||||||-556||-668|
||||Balance at 31st December 2022||||||143,171||214,569|
|||||||||||||
|NOTE 8|BANK & BUILDING SOCIETY DEPOSITS|||||||||||
||||Lloyds TSB Operations Account||||||20,945||26,883|
||||Total bank & building society deposits||||||20,945||26,883|
|||||||||||||