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REGISTERED COMPANY NUMBER: 03874727 (England and Wales)
REGISTERED CHARITY NUMBER: 1082024















REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

ST. RADIGUNDS COMMUNITY CENTRE COMPANY






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Reference and Administrative Details 1

Report of the Trustees 2 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 15

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2023



TRUSTEES L Tully
R J Wilson (resigned 14.2.23)
A Monaco
C A Barrett (appointed 26.6.23) (resigned 7.4.24)
S Inglis
S L Groombridge (appointed 20.12.23)
T D E Stoddart (appointed 12.12.23)


COMPANY SECRETARY Mrs A Burton


REGISTERED OFFICE St. Radigunds Community Centre
Poulton Close
DOVER
Kent
CT17 0HL


REGISTERED COMPANY NUMBER 03874727 (England and Wales)


REGISTERED CHARITY NUMBER 1082024


INDEPENDENT EXAMINER McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

ST. RADIGUNDS COMMUNITY CENTRE COMPANY (REGISTERED NUMBER: 03874727)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives and aims
To improve the conditions of life of the inhabitants of St Radigunds ward in Dover without distinction of political, religious or other opinions by the provision of facilities for charitable services, recreation and other leisure time occupation.
To the furtherance of the charitable work of the charity by the advancement of such other charitable purposes as the Trustees shall from time to time decide.

Significant activities
2023 was a year of scaffolding and solicitors as the charity was able to use the land transfer funds received last year for overdue repairs to the roofs, drainage and insulation, and to review and refresh all its leases, licences and land registry. Private hire remained steady reflecting 2022.

Our highlights for the year were:
-Installation of a 44kw solar array on the main roof.
-Replacement of the gas underfloor heating in the main hall with infrared heating panels.
-Leasing of the 1st floor office space to Chameleon Care Company.
-Signing an agreement to manage the admin and bookings for Buckland Community Centre.

-Welcomed 2 new Trustees.
-Social value contract to clear unused green space for community use delivered by Colas Ltd.
-Art projects funded externally to deliver a stunning optical illusion and a colourful mural onsite.
-Corporate reputation now delivering twice the bookings, up to 34% to fund more free activities.
-A new seniors Youth Club, running fortnightly during term time is introducing them to new experiences and overseen by volunteers.

Our strategic aims for 2023-24 were as follows:
-Provide more youth opportunities
-Deliver skills to the community
-Support Families into work

Public benefit
The Trustees confirm that they have complied with their duty as prescribed in the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit.

FINANCIAL REVIEW
Financial position
Charity policy aims to maintain a sufficient level of reserves are in place to ensure the delivery of services. Income for the year £74,641 and expenditure was £226,994 making overall net expenditure for the year of £152,353.
Total reserves held at 31 December 2023 were £1,214,586 (2022 £1,366,939) of which all of this is unrestricted (2022 £1,359,662 unrestricted and £7,277 restricted).


ST. RADIGUNDS COMMUNITY CENTRE COMPANY (REGISTERED NUMBER: 03874727)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a charitable company limited by guarantee and was was set up in November 1999.
Its updated constitution was adopted in October 2018.

If the charity is wound up, each member of the is liable to contribute to the assets of the charity such amount (but not more than £1) as may be required for payment of the debts and liabilities of the charity contracted before that person ceases to be a member, for payment of the costs, charges and expenses of winding up, and for adjustment of the rights of the contributing members among themselves.

Organisational structure
All the directors of the charity are also trustees of the charity, and there are no other trustees. All of the trustees who served during the period are named under the reference and administrative details.

There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.

The board of trustees has the power to appoint trustees as it sees fit. Every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

The charity is organised in such a way that trustees meet regularly in order to manage its affairs whilst day to day
responsibility is delegated to the centre manager, Susan Jones.

Decision making
Any decision may be taken either: at a meeting of the charity trustees; or by resolution in writing or electronic form, agreed by all of the charity trustees, which may comprise either a single document or several documents containing the text of the resolution in like form to each of which one or more charity trustees has signified their agreement.

Induction and training of new trustees
The charity trustees will make available to each new charity trustee, on or before their first appointment:

- a copy of the current version of this constitution; and
- a copy of the charity's latest Trustees' Annual Report and statement of accounts.

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees review the risks which the charity faces through its risk register which is reviewed periodically.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 16 August 2024 and signed on its behalf by:





Mrs A Burton - Secretary

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ST. RADIGUNDS COMMUNITY CENTRE COMPANY

Independent examiner's report to the trustees of St. Radigunds Community Centre Company ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I 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.








Jonathan Fullarton BSc(Hons) FCA

McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

16 August 2024

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023

31.12.23 31.12.22
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 433 771 1,204 726

Charitable activities 6
Community Centre 2,364 9,570 11,934 68,564

Other trading activities 4 58,571 - 58,571 57,581
Investment income 5 2,932 - 2,932 338
Total 64,300 10,341 74,641 127,209

EXPENDITURE ON
Raising funds 6,055 - 6,055 4,541

Charitable activities
Community Centre 217,218 2,011 219,229 131,569
Governance costs 1,710 - 1,710 2,539
Total 224,983 2,011 226,994 138,649

NET INCOME/(EXPENDITURE) (160,683 ) 8,330 (152,353 ) (11,440 )
Transfers between funds 16 15,607 (15,607 ) - -
Net movement in funds (145,076 ) (7,277 ) (152,353 ) (11,440 )

RECONCILIATION OF FUNDS
Total funds brought forward 1,359,662 7,277 1,366,939 1,378,379

TOTAL FUNDS CARRIED FORWARD 1,214,586 - 1,214,586 1,366,939

ST. RADIGUNDS COMMUNITY CENTRE COMPANY (REGISTERED NUMBER: 03874727)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 12 1,133,338 - 1,133,338 1,124,252

CURRENT ASSETS
Stocks 13 2,000 - 2,000 1,835
Debtors 14 5,820 - 5,820 2,285
Cash at bank and in hand 75,860 - 75,860 240,795
83,680 - 83,680 244,915

CREDITORS
Amounts falling due within one year 15 (2,432 ) - (2,432 ) (2,228 )

NET CURRENT ASSETS 81,248 - 81,248 242,687

TOTAL ASSETS LESS CURRENT LIABILITIES 1,214,586 - 1,214,586 1,366,939

NET ASSETS 1,214,586 - 1,214,586 1,366,939
FUNDS 16
Unrestricted funds 1,214,586 1,359,662
Restricted funds - 7,277
TOTAL FUNDS 1,214,586 1,366,939

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


ST. RADIGUNDS COMMUNITY CENTRE COMPANY (REGISTERED NUMBER: 03874727)

BALANCE SHEET - continued
31 DECEMBER 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 16 August 2024 and were signed on its behalf by:





L Tully - Trustee

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

St. Radigunds Community Centre Company, a company limited by guarantee, is an incorporated charity registered in England. The charity's registered numbers, principal address and nature of operations can be found in the Reference and Administrative Details on page 1.

The financial statements are presented in sterling which is the functional currency of the charity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Income from trading activities includes income earned to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Income from grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:


ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Freehold property 2% Reducing Balance
Fixtures and fittings 18% Reducing Balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

3. DONATIONS AND LEGACIES
31.12.23 31.12.22
£    £   
Donations and legacies 1,204 726

4. OTHER TRADING ACTIVITIES
31.12.23 31.12.22
£    £   
Hall hire and other services 58,571 57,581

5. INVESTMENT INCOME
31.12.23 31.12.22
£    £   
Deposit account interest 2,932 338


ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. INCOME FROM CHARITABLE ACTIVITIES
31.12.23 31.12.22
Activity £    £   
Grants Community Centre 11,934 68,564

2023 2022
£ £
Tudor Trust - 47,000
Youth coordinator grants - 11,312
Age UK grant - 1,000
Dover District Council hospitality grant - 4,000
Dover District Council solar panels grant - 2,372
Dover District Council other grants - 1,880
Dover Town Council grants 592 1,000
Kent County Council grants 9,228 -
University of East Kent grants 2,114 -
11,934 68,564

7. SUPPORT COSTS
Governance
Other costs Totals
£    £    £   
Community Centre 33,783 - 33,783
Governance costs - 1,710 1,710
33,783 1,710 35,493

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.12.23 31.12.22
£    £   
Depreciation - owned assets 32,097 25,680
Independent examiner fee 1,350 2,538


ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.


10. STAFF COSTS
31.12.23 31.12.22
£    £   
Wages and salaries 60,178 47,832
Other pension costs 1,957 1,601
62,135 49,433

The average monthly number of employees during the year was as follows:

31.12.23 31.12.22
Centre manager 1 1
Centre assistants 2 4
Centre cleaner 1 -
4 5

No employees received emoluments in excess of £60,000.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 726 - 726

Charitable activities
Community Centre 54,880 13,684 68,564

Other trading activities 57,581 - 57,581
Investment income 338 - 338
Total 113,525 13,684 127,209

EXPENDITURE ON
Raising funds 3,891 650 4,541

Charitable activities
Community Centre 125,812 5,757 131,569
Governance costs 2,539 - 2,539

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£    £    £   
Total 132,242 6,407 138,649

NET INCOME/(EXPENDITURE) (18,717 ) 7,277 (11,440 )


RECONCILIATION OF FUNDS
Total funds brought forward 1,378,379 - 1,378,379

TOTAL FUNDS CARRIED FORWARD 1,359,662 7,277 1,366,939

12. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 January 2023 1,618,722 115,676 1,734,398
Additions - 41,183 41,183
At 31 December 2023 1,618,722 156,859 1,775,581
DEPRECIATION
At 1 January 2023 508,216 101,930 610,146
Charge for year 22,210 9,887 32,097
At 31 December 2023 530,426 111,817 642,243
NET BOOK VALUE
At 31 December 2023 1,088,296 45,042 1,133,338
At 31 December 2022 1,110,506 13,746 1,124,252


ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

13. STOCKS
31.12.23 31.12.22
£    £   
Stocks 2,000 1,835

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 5,820 2,285

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 2,432 2,228

16. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
£    £    £    £   
Unrestricted funds
General fund 1,359,662 (160,683 ) 15,607 1,214,586

Restricted funds
Youth Coordinator 4,905 (240 ) (4,665 ) -
Solar panel grant 2,372 8,570 (10,942 ) -
7,277 8,330 (15,607 ) -
TOTAL FUNDS 1,366,939 (152,353 ) - 1,214,586

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 64,300 (224,983 ) (160,683 )

Restricted funds
Youth Coordinator 1,771 (2,011 ) (240 )
Solar panel grant 8,570 - 8,570
10,341 (2,011 ) 8,330
TOTAL FUNDS 74,641 (226,994 ) (152,353 )


ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.1.22 in funds 31.12.22
£    £    £   
Unrestricted funds
General fund 1,378,379 (18,717 ) 1,359,662

Restricted funds
Youth Coordinator - 4,905 4,905
Solar panel grant - 2,372 2,372
- 7,277 7,277
TOTAL FUNDS 1,378,379 (11,440 ) 1,366,939

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 113,525 (132,242 ) (18,717 )

Restricted funds
Youth Coordinator 11,312 (6,407 ) 4,905
Solar panel grant 2,372 - 2,372
13,684 (6,407 ) 7,277
TOTAL FUNDS 127,209 (138,649 ) (11,440 )

Restricted Funds
The Youth Coordinator grant was to provide for the recruitment and salary of a youth coordinator based at the centre. This position was filled, and the balance of the fund has been released to the general fund.

The solar panels grant was to help towards the installation of solar panels at the centre in 2023. During the year the charity spent £28,500 on the solar panels and these have been capitalised within fixed assets. The fund has therefore been released to the general fund.


ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023 nor for the year ended 31 December 2022.