PAT LEECH – TREASURER REPORT 2023-2024
As far as the accountant’s report goes 2023 – 2024 looks a very healthy year for IVH. We ended the year with a very healthy bank balance of £43492.
Whilst this is a true picture of the year there are 3 things that I wish to comment on:
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The Hiring of the hall has increased in part due to picking up some new regulars and Triple Threat and Richings Players using the hall more regularly for rehearsals etc.
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Lilliput have paid back most of the loan we gave them for the fencing and also ran a Summer School which increased our revenue.
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The big negative is that we only paid out £3420 in Utilities. Due to issues with Bucks Council invoicing we had also paid out very little in the year 2022-2023. Along with the changeover from Bucks Council to The Park Federation in October 2023 we received no invoices from them as they were still trying to resolve the issues with Bucks Council. This was finally resolved in July/August 2024, and we have since paid out £14238.72 which covers usage up until August 2024 (and going back as far as 2017 for the water part of that payment!). I understand there is still a £12k water bill outstanding but that is still under discussion with Bucks as it was for the water leak that they omitted to repair and went to legal. I have no input into those discussions but do have all the documentation that was sent to legal at the time.
I would like to say a big thank you to Linda and Peter for their support over this year – the liaising with the school has been very difficult and is still ongoing. Also, thanks to all committee members for being there and responding when I have had queries. It’s good to know you are all ready to help.
Just as an FYI we are still negotiating with The Park Federation on the shared use agreement and the percentages to be used going forward for the split in Utilities etc. As soon as we finalise these details, I will share them with you all.
I am happy to continue as Treasurer for the next year (if you want me too) and will liaise with Helen to look to handing over the role in 25/26.
Thanks for your time tonight.
Pat
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2024
STILES & COMPANY
2 LAKE END COURT
TAPLOW ROAD MAIDENHEAD BERKSHIRE SL6 0JQ
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
Report of the Independent Examiner to the Trustees of the Iver Community Association
I report to the Trustees on my examination of the accounts of the Trust for the year ended 30th June 2024 which are set out on pages two to three.
RECEIPTS AND PAYMENTS ACCOUNTS
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the act; 2. the accounts do not accord with thise records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
…………………………………….. Daniel Robins FCCA, on behalf of Stiles & Company 2 Lake End Court Taplow Road Taplow Maidenhead Berkshire SL6 0JQ
Dated:……………………………..
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2024
| INCOME RECEIPTS Hire of Hall Iver Community Childcare Vikings INVESTMENT RECEIPTS Bank interest TOTAL RECEIPTS PAYMENTS Letting secretary Insurance Light, heat and water Repairs and maintenance Postage and stationery Accountancy fees Cleaning and caretaking Licences Capital expenditure Telephone Bank charges Advertising Net (Payments) for the year |
£ £ 29,103 17,461 594 47,158 - - 47,158 3,920 3,734 3,420 2,681 343 714 19,149 664 786 1,222 62 1,150 37,846 9,313 2024 |
£ £ 23,318 14,497 722 38,537 6 6 38,543 3,887 3,552 5,968 6,452 336 714 20,178 - 1,294 1,209 66 1,382 45,038 (6,495) 2023 |
|---|---|---|
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
STATEMENT OF ASSETS & LIABILITIES AS AT 30TH JUNE 2024
| MONETARY ASSETS Bank and cash balances Current account Petty cash NON MONETARY ASSETS Net retained funds brought forward Net (payments)/receipts for year Net retained funds carried forward |
£ £ 43,254 238 43,492 43,492 34,179 9,313 43,492 2024 |
£ £ 34,005 174 34,179 34,179 40,673 (6,494) 34,179 2023 |
|---|---|---|
…………………………………….. ……………………….. Chairman Date For and on behalf of the Management Committee
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2024
STILES & COMPANY
2 LAKE END COURT
TAPLOW ROAD MAIDENHEAD BERKSHIRE SL6 0JQ
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
Report of the Independent Examiner to the Trustees of the Iver Community Association
I report to the Trustees on my examination of the accounts of the Trust for the year ended 30th June 2024 which are set out on pages two to three.
RECEIPTS AND PAYMENTS ACCOUNTS
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the act; 2. the accounts do not accord with thise records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
…………………………………….. Daniel Robins FCCA, on behalf of Stiles & Company 2 Lake End Court Taplow Road Taplow Maidenhead Berkshire SL6 0JQ
Dated:……………………………..
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2024
| INCOME RECEIPTS Hire of Hall Iver Community Childcare Vikings INVESTMENT RECEIPTS Bank interest TOTAL RECEIPTS PAYMENTS Letting secretary Insurance Light, heat and water Repairs and maintenance Postage and stationery Accountancy fees Cleaning and caretaking Licences Capital expenditure Telephone Bank charges Advertising Net (Payments) for the year |
£ £ 29,103 17,461 594 47,158 - - 47,158 3,920 3,734 3,420 2,681 343 714 19,149 664 786 1,222 62 1,150 37,846 9,313 2024 |
£ £ 23,318 14,497 722 38,537 6 6 38,543 3,887 3,552 5,968 6,452 336 714 20,178 - 1,294 1,209 66 1,382 45,038 (6,495) 2023 |
|---|---|---|
IVER COMMUNITY ASSOCIATION
REGISTERED CHARITY NO 1033924
STATEMENT OF ASSETS & LIABILITIES AS AT 30TH JUNE 2024
| MONETARY ASSETS Bank and cash balances Current account Petty cash NON MONETARY ASSETS Net retained funds brought forward Net (payments)/receipts for year Net retained funds carried forward |
£ £ 43,254 238 43,492 43,492 34,179 9,313 43,492 2024 |
£ £ 34,005 174 34,179 34,179 40,673 (6,494) 34,179 2023 |
|---|---|---|
…………………………………….. ……………………….. Chairman Date For and on behalf of the Management Committee