Charity registration number 1113781
Company registration number 05698289 (England and Wales)
ST ANTHONY'S CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ST ANTHONY'S CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr J Oakey
Mr A Hewitt
Mrs A Dsouza
(Appointed 13 November 2023)
Secretary
Mr J Oakey
Charity number
1113781
Company number
05698289
Principal address
557a Seaside
Eastbourne
East Sussex
BN23 6NH
Registered office
557a Seaside
Eastbourne
East Sussex
BN23 6NH
Accountants
Colin Dadswell FCA FCCA DChA
Caladine Limited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
Bankers
Barclays Bank plc
63-67 Terminus Road
Eastbourne
East Sussex
BN21 3NE
ST ANTHONY'S CENTRE
CONTENTS
Page
Trustees' report
1 - 2
Statement of Trustees' responsibilities
3
Accountants' report
4
Statement of financial activities
5
Statement of financial position
6
Notes to the financial statements
7 - 13
ST ANTHONY'S CENTRE
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 1 -

The Trustees present their annual report and financial statements for the year ended 31 December 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 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)".

Objectives and activities
To provide a community centre for the use of the inhabitants of Eastbourne and the surrounding area without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions, including use of the property for meetings, lectures and classes or other forms of recreation and leisure time occupation in the interests of social welfare and with the object of improving the conditions of life for the said inhabitants.
Public benefit

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake and consider that the objectives and activities described above are for the public benefit.

Achievements and performance

Hire of Centre Facilities

Hiring of the centre has increased slightly since the end of the pandemic, below is a list of those who have used the centre on more than one occasion since the start of the period covered by this report:

 

Bourne to Sing

Catedral De Vida Eastbourne

Community Church – Eastbourne

Daisy First Aid

East Sussex County Council

Eastbourne Homes Limited

Eastbourne Street Pastors

Happyjacks Soft Play

Kingdom Way Trust

Spun Glass Theatre Company

The Performance Factory

Community Activities

As a charity we are committed to serving the local community and to increase the number of events and activities we provide. We are also committed to providing free events and activities to local residents.

 

The Acorns Baby and Toddler Group that is hosted at the Centre on a Wednesday morning has continued to be successful and it has seen a significant increase in attendees over last year. During July 2024, we hosted, in conjunction with Community Church, a BBQ for the attendees of the Group, that was a big success.

 

In conjunction with Community Church Eastbourne we hosted a Community Carol service to which a good number came and were able to celebrate the birth of Jesus and enjoy a mix of traditional and new carols.

 

The centre is one of the few buildings in the area with a built-in baptistery in the floor.

 

Centre Manager

Our Centre Manager, Carol Turner, has ensured that everything at the Centre has been kept up to date and running. Carol has responsibility for finance, bookings and maintenance and works on a purely voluntary basis.

Building work

As a charity we are committed to serving the local community and to re-introduce the community activities we put on and hosted previously and introduce new ones.

ST ANTHONY'S CENTRE
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
Financial review

There was a deficit on the general fund for the year of £15,967 (2022: £13,255) leaving unrestricted funds at the year end of £723,233 (2022: £739,200).

Reserves policy

The Centre’s Directors have reviewed general funds and considered that the current levels adequately safeguard the charity against any short term fall in incoming resources. However, in the event of any significant drop in activity, it would be necessary to consider how funding would be replaced or activities changed in order that the charities objects could continue to be fulfilled.

Major risks

The management committee has conducted its own review of the major risks to which the charity is exposed and strategies have been established to mitigate those risks so far as possible. 

 

Internal risks are minimised by implementation of suitable internal controls and direct management involvement, and ensure consistent delivery of quality in respect of all operational aspects of the charitable company.

Structure, governance and management
The charity is a company limited by guarantee.

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

 

Mr J Oakey
Mr A Hewitt
Mr C M Chapman
(Resigned 13 December 2023)
Mr P G U Hunt
(Appointed 20 June 2023 and resigned 29 December 2023)
Mrs A Dsouza
(Appointed 13 November 2023)
Recruitment and appointment of trustees
New trustees with suitable spiritual maturity are appointed by the members with appropriate support and training provided.

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Organisational structure
The Trust is managed on a day to day basis by the trustees.

The Trustees' report was approved by the Board of Trustees.

Mr J Oakey
Trustee
20 September 2024
ST ANTHONY'S CENTRE
STATEMENT OF TRUSTEES' RESPONSIBILITIES  
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -

The Trustees, who are also the directors of St Anthony's Centre for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

 

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

In preparing these financial statements, the Trustees are required to:

 

- select suitable accounting policies and then apply them consistently;

 

- observe the methods and principles in the Charities SORP;

 

- make judgements and estimates that are reasonable and prudent;

 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

 

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ST ANTHONY'S CENTRE
CHARTERED CERTIFIED ACCOUNTANT ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ST ANTHONY'S CENTRE FOR THE YEAR ENDED 31 DECEMBER 2023
- 4 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of St Anthony's Centre for the year ended 31 December 2023, set out on pages to 13 from the charity’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chareterd Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made to the charity's Trustees, as a body, in accordance with the terms of our engagement letter dated 1 April 2020. Our work has been undertaken solely to prepare for your approval the financial statements of St Anthony's Centre and state those matters that we have agreed to state to the charity's Trustees, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than St Anthony's Centre and the charity's Trustees as a body, for our work or for this report.

It is your duty to ensure that St Anthony's Centre has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of St Anthony's Centre. You consider that St Anthony's Centre is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.

We have not been instructed to carry out an audit or a review of the financial statements of St Anthony's Centre. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Colin Dadswell FCA FCCA DChA
23 September 2024
Chartered Certified Accountant Accountants
Caladine Limited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
ST ANTHONY'S CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
- 5 -
Unrestricted
Unrestricted
funds
funds
2023
2022
Notes
£
£
Income from:
Donations and legacies
4
6,360
7,200
Charitable activities
3
3,596
2,925
Investments
5
212
21
Total income
10,168
10,146
Expenditure on:
Charitable activities
6
26,135
23,401
Total expenditure
26,135
23,401
Net expenditure and movement in funds
(15,967)
(13,255)
Reconciliation of funds:
Fund balances at 1 January 2023
739,200
752,455
Fund balances at 31 December 2023
723,233
739,200

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ST ANTHONY'S CENTRE
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2023
31 December 2023
- 6 -
2023
2022
Notes
£
£
£
£
Fixed assets
Property, plant and equipment
11
702,141
714,282
Current assets
Trade and other receivables
12
989
943
Cash at bank and in hand
21,747
25,948
22,736
26,891
Current liabilities
13
(1,644)
(1,973)
Net current assets
21,092
24,918
Net assets
723,233
739,200
The funds of the charity
Unrestricted funds
723,233
739,200
723,233
739,200

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2023.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the Trustees on 20 September 2024
Mr J Oakey
Trustee
Company registration number 05698289 (England and Wales)
ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 7 -
1
Accounting policies
Company information

St Anthony's Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is 557a Seaside, Eastbourne, East Sussex, BN23 6NH.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations and grants are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5
Expenditure

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1
Accounting policies (Continued)
- 8 -
1.6
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. The cost attributed to the land and buildings is based on a previous valuation which was transitioned to FRS102 on 1 January 2016 as deemed cost in accordance with the transitional provision contained in s.35.10(d) of "FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland."

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Land and buildings
2% of cost on buildings
Fixtures, fittings & equipment
25% of cost - Fully Depreciated
Computers
25% of cost

Freehold land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of non-current assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1
Accounting policies (Continued)
- 9 -
Basic financial liabilities

Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£

Hall hire

3,596
2,925
ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 10 -
4
Voluntary income
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Donations and gifts
6,360
6,200

Grants

-
1,000
6,360
7,200
Grants receivable for core activities
Warm Spaces grant
-
1,000
-
1,000
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Interest receivable
212
21
ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 11 -
6
Expenditure on charitable activities
2023
2022
£
£
Direct costs

Insurance

2,481
2,434

Sundries

96
112

Running costs utilities

4,305
2,617

Cleaning and maintenance

3,191
2,695

Building refurbishment

1,484
1,378

Small equipment, repairs and renewals

850
382

Printing, postage and stationery

9
6

Telephone and internet

446
427

Licences and permits

155
139

Computer software

86
27

Depreciation

12,141
12,141

Warm Space equipment and supplies

9
161
25,253
22,519
Share of support and governance costs (see note 7)
Governance
882
882
26,135
23,401
Analysis by fund
Unrestricted funds
26,135
23,401
7
Support costs allocated to activities
2023
2022
£
£
Governance costs
882
882
Analysed between:
Charitable activities
882
882
8
Trustees

None of the Trustees (or any persons connected with them) received any remuneration during the year nor were they reimbursed any expenses (2022: £nil).

ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 12 -
9
Employees

The average monthly number of employees during the year was:

2023
2022
Number
Number
Total
-
0
-
0
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11
Property, plant and equipment
Land and buildings
Fixtures, fittings & equipment
Computers
Total
£
£
£
£
Cost
At 1 January 2023
750,000
8,619
8,564
767,183
At 31 December 2023
750,000
8,619
8,564
767,183
Depreciation and impairment
At 1 January 2023
40,000
8,619
4,282
52,901
Depreciation charged in the year
10,000
-
2,141
12,141
At 31 December 2023
50,000
8,619
6,423
65,042
Carrying amount
At 31 December 2023
700,000
-
2,141
702,141
At 31 December 2022
710,000
-
4,282
714,282

The cost attributed to the land and buildings is based on a previous valuation which was transitioned to FRS102 on 1 January 2016 as deemed cost in accordance with the transitional provision contained in s.35.10(d) of "FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland."

12
Trade and other receivables
2023
2022
Amounts falling due within one year:
£
£
Trade receivables
233
-
Prepayments and accrued income
756
943
989
943
ST ANTHONY'S CENTRE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 13 -
13
Current liabilities
2023
2022
£
£
Trade payables
822
1,064
Accruals and deferred income
822
909
1,644
1,973
14
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2023
Incoming resources
Resources expended
At 31 December 2023
£
£
£
£
General funds
739,200
10,168
(26,135)
723,233
Previous year:
At 1 January 2022
Incoming resources
Resources expended
At 31 December 2022
£
£
£
£
General funds
752,455
10,146
(23,401)
739,200
15
Related party transactions

During the year the following transactions took place with Community Church Eastbourne, which has the same trustees as St. Anthony's Centre.

 

Donations of £6,000 (2022:£6,000) were received.

 

St. Anthony's Centre reimbursed Community Church Eastbourne £265 (2022: £94) for expenses incurred on its behalf.

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