CH7 1AP Daniel Owen Community Association Tel 01352 754792 danielowencentre@outtook.com VN.DANIELOIPJEN Treasurers Report Wednesday 11th December 2024 AGM On 28th March 2024 the Barclays Bank current account stood at £4,967.95 with £48, 137.26 in the Savers account. The end of year accounts for 2023124 show a trading deficit of £16,464 due to expenditure on major improvements and increased staffing costs, These up-grades included electrical up-grades and refurbishments to the Cafe as well as increased wages for all staff . May I take this opportunity to thank fellow trustees., staff and volunteers for all their hard work. efforts and involvement with the Daniel Owen Community Centre. This is much appreciated and helps tcrensure this is a viable and sustainable service at this Centre for our comrnunty. I present these accounts for approval of the Daniel Owen Community Association. Richard Trefor Jones l Ll IziLK- Treasurer Daniel Owen Community Association Daniel fven Community A$s¢xio1ion is o registered Company Limited by Guarant No. 2943791. Registered Charty No.1039413
Registered number 02943791 Registered charity 1039413 Daniel Owen Community Association Report and Unaudited Accounts 31 March 2024
Danlel Owen Communlty Assoclation Registsred number: 02943791 Directors. Report The directors present their report and accounts for the year ended 31 March 2024. PrlnGipal activltioy The compan$ princlpal activity durlng the year contlnved to be to mainlin and develop the Daniel Owen Centre, for the whole community of Mold ond the surrounding area. To foster stsndards of qualily and exGellenGe by mobilising the talent$ 8nd strengths of the poople in o co-operative approach lo community provlslon. DiroCtor4 The following persons served as dlreclors during the year.. stephani8 Scott (Chairperson) Trelor Jones (Treagurer l association secT8lary) Ann Street John Scott Pgdr Roberts Teresa Carberry Sarah Taylor Joanne Edwards Small company provSslong This report has been prepared In accordan¢8 with the provisions in Part 15 01 the Companles Act 2006 appllcable to compan188 subject to the $mall compani88 regime. This report was approved by the board on 11 December 2024 and signed on its behalf. Steph8nle Scott Chairperson Iil,-l£
Independent examiner's report to the trustees of Daniel Owen Community A550ciation {"The Company") I report to the charity tnjstees on my examination of the accounts of the Company for the yeor ended 31 March 2024, Respon5ibllltles and basls of rnport s the charity's trustees of the Comp8ny {8nd 81s0 its directors for the purp0585 of company lawl you are responsible for the preparation of the accounts in armrdanc8 with the requirernonls of the Companles Act 2006 {'th8 2006 Act,). Having satlsfied rnysew that Ihe accounts of the Company are not requlred to be audiled under Part 16 of the 2006 Act and are eligible for independent examination. I report irs respect of my examinalion of your charity's accounts as carried out under secb'on 145 of the Charities Act 2011 ('the 2011 Acl'l. In carylng out my examination I have lollowod Ihe Dlrections given by the Charity Commlssion under s8Ctlon 145151 (bl of the 2011 Act. Independent examinerfs statement I have completed my examinatlon. I confirm that no matters have Gome to my attention In connection with the examination giving me cause lo believè.. 1. accounting reGords were not kept in respect of the Company as requlred by secuon 386 of the 2006 Act., or 2. the accounts do not accord with those records,. or 3. the accounts do not comply wllh Ihe ac¢ounllng r8qulrement8 of sectlon 396 of the 2006 Act other then any reguirement that the accounts give a 'true and fair view which is not 8 matter considered as part of an independent examination., or 4. the accounts have not bgen prepared in acGordance wth the methods and prinGiples of the Slatement of Recommended Practice for accounting and reporting by charlties (FRS 102). I have no ¢oncems and have come across no other m8tters in connection wlth the examlnation to which attention should be drawn in this report in order to enable a proper understanding of th8 accounts to be reached. Philip Hughes ACA Clarlty Virtual Accounting Ltd Uangoed, Ruthin Road Mold CH7 IQQ 1111212024
Danl•l Owen Community Association Income and Expenditure Account for the year ended 31 March 2024 2024 2023 6,128 60.336 87,361 137 153,962 5,137 48,836 96,175 Donalions and l•g•¢loB Chgrrtab1e activ"e$ other tr8ding acllvlt185 Inv881m8nl 150,148 Total Expendlture on: Raising fund8 Charitable activi88 Olhar (82,145) 88.281 (170,426) (71,1531 63,469 1134,622) Total Not Incom01(expendlture) beforo tsx (16.464) 15,S26 Tax PayBble Net movemont in funds 16,464 15,526 Reconclllatlon of funds.. Total funds brovghtlerw#rd Total funds c8rrl•d forward 55,629 71,155 71,155 54.691 All funds are unrestricted
Daniel Owen Community Association Registered number: 02943791 Balance Sheet as at 31 March 2024 Notes 2024 2023 Flxed assets Tangible assets 5,101 3,284 Currenl assèts stocks Debtors Cash at bank and in hand 500 2.309 54,506 57.315 120 2,471 71,445 74.036 Credltor•: amount• falllng due wlthln ¢no year {4,729) (3,169) 70,867 Net ¢urr•nt •88•ts 52,586 Totsl as8•t¥ 108• CUff•nt Ilabllltl 57.687 74,151 Credltor•: wnount• falllng du• aftfjr mor• than ono year 12,9961 (2,996) 71,155 Net as••ts 54,691 Fund# of the Charlty General purpose fund Contlngency fund 29.691 25,000 46,155 25,000 71,155 Tolal funds 54,691 The dirortor8 are satisfied that tho ¢ompany 18 enlltled to exomption from the requirement to obtsin an audit under s8Ction 477 of the Companles Act 2006. The members have not T8qulred the company to obtain an audlt In accordance wlth sectlon 476 of the Act. The director$ acknowledge th8ir re8ponsibilili85 for complying with the requlrements of Ihe Companies Act 2006 with resped to accounting records and the pffjparation of accounts. The accounts have been prepared and delivered in a¢¢ordance with the special prov18ions applicable to Gomp8nles subject to the $rn811 Gompanies regime. Stephanie Scott Approved by the board on 11 December 2024
Daniel Owen Communlty A¥sociatlon Ngtss to the Accounts for the year ended 31 March 1024 1 Ac¢ountln9 poIIci• B•¥l olpr•p•ratlon The accounts have been prepared under the historical cost convention and In a¢¢ordance vAth FRS 102, Th4 Financial Raporting Standard apiCabl• in th¢ UK and Republic ol Ireland las applied to small 8nlilies by se¢lion IA of the standard). Income Income represents mon18s r8cèived adjust•d for d8bloTS, and it¥ comprls•d of cofè Income, room hiw. fundraising and donation$ I grants. T•nglblo flxgd 8ss9ts Tanoible fixed assets are m8asured al cost less accvmuklbve deprèciation and any aCcumulave Impalrment losses. Depreclation 1$ provided on all tangible fixed assots. other th8n freehold land. at rale8 calculated lo write off c4JSt, less estimated fesldual value, of each asset enlY over its expected useful life, as lollow8'. Plant and machinery Flxlur*s, Illlings, lools and aquIpml Ovor S years over 5 y8ars stocks Stoeks are measured at the lower ol cost and 8stimat8d selling kxice. D•btor• Short t8Tm debtors are mèasured at transaction price (which Ss u8ualty th• invdc8 Prtcel, less any ImyJlrm•nt boss88 lor bad and doubllul debw. Crndllors Short torm Credir$ arn me88urad at tran80Ctlon prlce Iwhlch18 u$ualty Iht Involce pricel. T4x•tlon The Association has been granted charltable status and 18 treated lor corpofauon tax as belng mutually tr8111ng. Ag Such It 18 rt Ilabl8 io UK ¢orpN8knon tsx on 8ny tradln9 6urplu8. Penslons Contributions to defin•d contribubon plans are oxpensed in the perlod to Nthich they rè18tg. 2 Exceptlonal Items 2024 2023 Major Improvaments 8,940 8,940 2024 Numb•r 2023 Numbor 3 Employ•e• Avèrage number of perso 8mployed by Ihe company
Danlel Owen Communlty Assoclatlon N¢)ts$ to tho Accounts for the ypar ended 31 March 2024 4 Tanglbl• Ilx•d awt• Plant and machln•ry Colt At 1 April 2023 Addltions At 31 March 2024 69,209 2.473 71,682 Deproclatlon At 1 April 2023 Charge lor the yegr At 31 March 2024 85,925 656 66,581 N•t bogk valuè At 31 March 2024 At 31 March 2023 2024 2023 6 O•btor• Tfadg debtors Other dobl 1,259 1,050 1,481 9go 2.471 6 Crodltor8.' •mounts f•lllng du? wlthln one y•¥ 2024 2023 2,962 207 Trdde credllore Olh•r crtdrtors 4,472 257 7 CT•dltorB: •mount• hlllng du• aft•r on• yr 2024 2023 2,996 2,998 other creditOT$ OtIRr ¢redit9 of £2.906 fepSeTrts Afts CoLrtA tr Wales Lottery ftjnding for the of the painting"A Community Coffeo Morning" by P.J. Crcok. In th& en( ol the d18po$al of the 888et those monieB wll be repayable along wlth fifty percent of any 8ppreu8tion in the assets value. 8 Other Infomiatlon Dani81 Owen Colnmunity Ass¢xi8kn is a private MpanY limited by guarantee and Incorpcffatèd In England and Wa19s. Ils r8913tgred offic• ly.. D8niel Owen Centr¢ EaTI Road Mold Flintshlre CH7 1AP
Daniel Owen Communlty Association Deiailed income and expenditure account for the year ended 31 March 2024 This schedule does not fom part ofthe statutory accounts 2024 2023 Income DMatlon8 4nd loolldoq Charitsble atlNilies Other tra(Ilng aGllvlt Inv•stments 6.128 60,336 87.381 137 5.137 48,836 96,175 153,962 150,148 Ch8rltablo actlvltl•8 294 1.340 14,176 39,819 1,240 801 367 519 656 8,940 1,342 1.200 655 1,118 13,224 39,086 871 674 190 567 820 Rat88 InUran¢& Light. heal & water Wago$ and larI Penslons Telephone and 18X Slalionery and printing 88nk t*arge$ Depreuallon MAlor impfovèm•nts Sundry expens•s AcGounlanty fees Othor kg81 and PToI¢g5ion81 R¢p8lr$ 8nd malnténanc¢ CJ••nlr¥J 689 1,200 5,704 4,041 2,313 71,153 7,896 3,554 82,145 Oth•r Purchase8 LXre¢t iebour 39.800 48,481 28,709 34,760 88,281 63.469
ir The improvements to the Café area are now complete. New tables, chairs and the benches have been reupholstered. giving a new look that has had favorable comments. The Café is continulng to Increase turnover and a new room booking system means the Daniel Owen Centre is moving forward into 2025 with the hopes of strengthening our financial position. We are close to being VAT registered. Increased turnover is needed to match the increase in the wage bilL, utilities and consumables etc. We are still encouraglng volunteers to support the work being don8 and value their contributions. This yearwe have made further changestothe Coffee mornings and will not be taking any more bookings under the old scheme; we will be using the Saturday mornings to serve the full menu. We have, 8lso, had to stop the warm hub due to lackoffunds. We welcomed 2 new trustees to the Board- Alan Phillipson and Peter Dando and will be saying goodbye to Pedr Roberts. Pedr has worked hard on the Buildings Committee and his contributions have been valued by the 8oard. There have been ongoing maintenance repairs and discussions regarding improvingthe presentation on the Centre and identifying appropriate funding. Fundraising is an important part of the work done bythe Manager and the Bingo has been a great success. A 100 club was introduced in April but has been slow to catch on. The Christmas lunch last December was full of fun and frolics and the customers were full of praise for the staff's efforts. The trustees will subsidize the Staff Christmas meal again this year to show how much we appreciate their hard work and commitment to the Centre, Thank you to all the customers who visit and use the Centre. Stephanie Scott Chairperson