Registered Charlty Nutnber: 1027705
CHELLS 14ANOR COMt4UNITY ASSOCIATION
FINANCIAL STATEMENTS
YEAR E14DED 31ST MaRCH 2024

Page I
CHELLS MANOR COI414UNITY ASSOCIATION
REPORT OF THE TRUSTEES
YEAR ENDED 31ST 14ARCH 2024
The trustees present their report wlch the financlal statements of the charlty
for the year ended 31st March 2024.
ESTABLISHt4ENT OF TRUST
The Charlty was establlshed on 21st June 1993 and was reglstered as charlty
number 1027705 on 26th October 1993.
TKE OBJECTS
The objects of the Associatlon are to:
la) promote the beneflt of the inhabitants of the "area of beneflt" wlthout
distinetlon of sex, sexual orlentatlon, race or of polltical* rellg£ous or
other oplnlons, by assoclatlng together the sald inhabitants and the local
authorltles. voluntary and other organisatlons In a collrllon effort to advance
educatlon and to provlde facllltles In the interests of soclal welfare for
recreatlon and lelsure-tune occupation with the object of unprovlng the
condltlons of life for the said inhabltants:
(b) maintaln and manage Chells Manor Community Centre whether alone or In
co-operatlon wlth any local authority or other person or body In furtherance
of these obJectS* and
{c) promote such other eharltable purposes as may from time to tlme be determlned.
The Assoclation shall be non-party In polltlcs and non-sectarlan In rellglon.
DEVELOPMKIITS ACTIVITIES AND ACHIEVEMENTS
The charltable trust was establlshed on 21st June 1993 with the objects as
stated above. In Ilne wlth these charltable objeetives, the maln aetivity and
achlevement of the year was to promote the beneflt of the inhabltants of the
area of benef It.
CHARITY TRUSTEES
The Charlty trustees who have served durlng che year were:_
N. Kitto
M. Dorkin
N. Endersby
Cllr. A. McGuinness
E. Stavropoulos
R. Doe (appolnted 13th December 2023)

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CHELLS HANOR C014tIUNITY ASSOCIATION
REPORT OF THE TRUSTEES
YEAR ENDED 31ST MARCH 2024
RESERVE POLICY
The board of trnstees conslder that the current level of reserves is sufflclent
to meet the stated objectlves of the charlty. The alm Is to maintaln future
levels of Income so as to cover the expected levels of expenditure and not
*•¥•< theref ore deplete reserves.
PLACE OF BUsI￿Ss
12 Emperors Gate, Stevenage, Herts, SC2 7QX.
BANKERS
Barclays Bank PLC, Unlt 3, The Forum. Stevena8e, Herts, SGI IES.
INDEPENDENT EXAMINER
The Independent examlner is Newton & Carner Llmited, Bullding 2, 30 Friern Park,
NortlL Flnchley? London. N12 9DA.
We have prepared the flnanclal statements set out on pages 5 to 9 from the records
of the Trust malntalned by us.
Under Sectlon 145(1) of the Charitles Act 2011 the truscees may elect:_
(a)
to have the accounts examlned by an thdependent examlner. or
(b)
to have the accounts audlted by a person quallfied under the deflnltion
contalned In Sectlon 144(2) of che sald Act.
The trustees have elected to appoint Newton & Carner Llmited. Chartered
Accountants? as Independent examiners to review the accounts In accordance wlth the
above provlslons* and thelr report Is eontalned in these financial statements.

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CEELLS TrJANOR C014MUNITY ASSOCIATION
REPORT OF THE TRUSTEES
YEAR EIIDED 31ST MARCH 2024
STATEMENT OF TRUSTEES I RESPONSIBILITIES
The trustees are responslble for preparlng the Trustees, Annual Report and the
flnanclal statements ￿ accordance wlth appllcable law and Unlted Klngdom
Accountlng Standards (United Klngdom Generally Accepted Accountlng Practlce) .
The law applicable to charltles In England & Wales requlres the trustees to
prepare flnanclal statements for each flnanclal year whlch give a true and falr
vlew of the state of affalrs of the charlty and of the Incoming resources and
application of resources of the charlty for that perlod. In preparlng flnanclal
statements, the trustees are required to:_
(i)
Select sultable accounting pollcles and then apply them conslstently•
(li) ObsenTe the methods and prlnclples In the Charlties SORP.
(111) Make Judgements and estlmates that are reasonable and prudent.
Ilv) State whether appllcable accounting standards have been followed subject to
any materlal departures dlsclosed and explained In the flnancial statement.
(v)
Prepare the flnanclal statements on the golng concern basls unless it
s Inapproprlate to presume that the charlty wlll contlnue in buslness.
The trustees are responsible for keeplng proper accounting records whlch dlsclose
with reasonable accuracy at any tlme the flnancial position of the charlty and
enable them to ensure that the flnanclal starements comply with the Charity Act
2011, the Charlty (Accounts and Reports) Regulatlons 2008 and the provlslons of
the trust deed. They are also responsible for safeguardlng the assets of the
charlty and hence for taking reasonable steps for the prevention and detectlon of
f raud and other Irregularities.
The trustees are responslble for the malntenance and Integrlty of the charlty and
fInanC￿al Infornatlon Included on the charlty's webslte in accordance with leglsLation
In the Unlted Klngdom governlng the preparlng and dissemination of the flnanctal
statements.
roved b the Board on 31st October 2024 and si
ned on Its behalf
N. KITTO
TRUSTEE

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CHELLS MA2IOR COMblUNITY ASSOCIATION
NO. OF CHARITY - 1027705
YEAR ENDED 31ST MARCH 2024
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CHELLS TrfANOR COMblUNITY ASSOCIATION
I report to the trustees on my examlnatlon of the accounts of the above charlty
"the Trust") for the year ended 31st Narch 2024.
Res
ectlve res
onslbllltles of trustees and examiner
As the charlty's trustees, you are responslble for the preparatlon of the accounts
In accordance with the requirements of the Charities Act 2011 (Hthe Act").
report in respect of my examinatlon of the Trust's accounts carrled out
under section 145 of the 2011 Act and ￿ carrying out my examinatlon, I have
followed all the appllcable Dlrectlons glven by the Charlty Commlsslon under
sectlon 145(5) (b) of the Act.
Inde
endent exarniner s statement
I have completed my examlnatlon. I confirm that no materlal matters have
come to my attention In connectlon with the examM￿tIOn which glves nle cause
to belleve that In, any materlal respect:
the accountthg records were not kept In accordance wlth sectlon 130 of
the Charites Act: or
the accounts dld not accord with the accountlng records" or
the accounts did not comply wlth che appllcable requlrements concernlng
the form and content of accounts set out th the Charltes (Accounts
and Reports) Regulatlons 2008 other than any requlrement that the
accounts give a 'true and falr, view whlch is not a matter considered
as part of an Independent examlnatlon.
I have no concerns and have come across no other matters In eonnectlon with
the examinatlon to whlch attentlon should be drawn In chls report In order to
enable a proper understand￿8 of che accounts to be reached.
ROBERT KNIGHT, FCCA, ATII
IqEwfoN & GARNER LIMITED,
BUILDING 2, 30 FRIERN PARK,
NORTH FINCHLEY.
LONDON NI 2
DA.
DATE: 7th November 2024

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CHELLS IWIOR COMblUNITY ASSOCIATION
STATEMEirf OF FINANCIAL ACTIVITIES
YEAR EIIDED 31ST MARCH 2024
INCOME
2024
2023
Lettin8S
Grants
Sundry Income
48,082
3.860
46
39,828
1,000
TOTAL INCOME
£51,988
£40,828
EXPENDITURE
Wages & natlonal Insurance
Asslstance
Utilities
Insurance
Cleanlng g repalrs & malntenance
Equipment & materlals
Telephone & Internet
Prlntlng g POSta8e, statlonery? and advertising
Computer costs
PRS
Accountancy
Sundry
Events
Halloween, Chrlstmas fayre & lunches
Depreclatlon
37.425
445
6,499
1,047
4,414
597
1,066
201
393
336
1,440
210
1,723
621
26,465
840
4,814
868
5.345
544
1,793
186
289
1,200
192
565
616
TOTAL EXPENDITURE
£56,417
£43,717
NET EXPENDITtJRE FOR THE YL4R
14,429)
(2,889)
RECONCILIATION OF FUNDS
Balance at 1st Aprll 2023
3,165
6,054
BALANCE AT 31ST MARCH 2024
£(1,264)
£3,165

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CHELLS MANOR COFJblUNITY ASSOCIATION
BALANCE SHEET
AS AT 31ST MARCH 2024
Notes
2024
2023
FIXED ASSETS
l¥*•tya,.l*¥¥Ji Tang£ble assets
CURRENT ASSETS
Debtors
Cash at bank and In hand
229
2. 166
301
3,690
TOTAL CURRENT ASSETS
2,396
3,991
CREDITORS:
Amounts falling due
W￿th￿n one year
4,874
2,661
NET CURRENT ASSETS
(2,478)
1,330
TOTAL ASSETS LESS CURREirr LIABILITIES
£(1,264)
£3,165
Unrestrlcted funds
General fund
£(1,264)
£3,165
roved b the Trustees on 31st October 2024 and sl
ned on thelr behalf
N. KITTO
TRUSTEE
M. DORKIN
TRUSTEE

Page 7
CHELLS MANOR COMtIUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
I. LEGAL STATUS OF CHARITABLE TRUST
Chells Manor Communlty Associatlon Is registered wlrh the Charity Commlsslon
In Unlted Klngdom as a charlty. The eharlry's reglstered number and prlnclpal
offlce address ean be found In the Report of the Trustees.
2. ACCOUNTING POLICIES
Accountln
conventlon
The f Inanclal statements have been prepared th accordance with Accountlng and
Reportlng by Charltles:
StareToent of Recomended Practice applicable to charltles
preparlng thelr accounts In accordance with the Flnanclal Reporting Standard
applicable In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2015)
(Charltles SORP (FRS 102)), che Financial Reportthg Standard appllcable In the UK
and Republlc of Ireland (FRS 102).
The charlty constltutes a public beneflt entlty as deflned by FRS 102. The trustees
conslder that there are no marerlal uncertalnties about the charity's abllLty to
continue as a going concern.
In preparlng the accounts che trnstees have consldered whether In applylng the
accountlng policies requlred by FRS102 and the Charltles SORP FRS102 a restatement
of comparatlve Items was needed. No restatement has required.
Income
All Income is recognlsed once the charlty has entitlement co the Income, it is
probable that the income wlll be received and the amount of ineome recelvable can be
measured rellably.
Interest on funds held on deposit is Included when recelvable and the amount can be
measured rellably by the charltyi this Is nornally upon notifleatlon of the Interest
pald or payable by the bank.
endlture
Liabllltles are recognised as expenditure as soon as there is a legal or
constructive obligation commitclng the charity to that expenditurei It Is probable
that settlemenr wlll be required and the amount of the obllgatlon can be measured
rellably.
All expendlture is accounted for on an accrnals basls.
Fund accountln
Unrestrlcted funds are lettlngs. pre-school fees and other Income resources or
generated for the objects of the charity wlchout further spee£al purposes and are
avallable as general funds.

Page 8
CHELLS MINOR COMtIUNITY ASSOCIATION
NOTES TO THE ACcOU￿s
3. De
reciatlon
Tangible flxed assets are stated ac cost less depreciation. Depreclation Is provlded
at rates calculated to write off the cost less estthated residual value of each
asset over Its expected useful Ilfe. as follows:_
Plant & equlpment
Flxtures & fittings
Leasehold unprovements
25% reducing balance basls
15X reducing balance basls
Over 10 years
4. FIXED ASSETS
Plant &
Flxcures &
Fittin
Leasehold
rovements
Total
COST
At 1st April 2023 &
At 31st March 2024
£2,344
£1,400
£4,462
£8,206
DEPRECIATION
At Lst Aprll 2023
Charge f or the year
1,532
122
1,048
53
3,791
446
6,371
621
At 31st March 2024
£1,654
£i,ioi
£4,237
£6,992
NET BOOK VALUE
At 31st March 2024
£690
£299
£225
£1,214
At 3 1st March 2023
£812
£352
£671
£1.835

Page 9
CHELLS MANOR COMtI(fNITY ASSOCIATION
NOTES TO THE ACCOUNTS
5 . DEBTORS
2024
2023
Other debtors
£229
£301
6. CREDITORS
2024
2023
Deposlts held
Taxation & Soclal Securlty
Accruals
loo
2,934
1,840
75
1,386
1,200
£4.874
£2,661
7 . UNRESTRICTED FUIqDS
Balance
01.04.23
Movement In Resources
Net Incomin
Out
oln
Balance
31.03.24
General fund
£3,165
£51,988
£56,417
£(1,264)