## **THE MAPLE GROVE COMMUNITY GROUP** ## **ANNUAL ACCOUNTS** **FOR THE YEAR ENDED** **31 AUGUST 2024** Page 1 ## **THE MAPLE GROVE COMMUNITY GROUP** |**Contents**|**Page**| |---|---| |**Statement of Financial Activities**|**3**| |**Balance Sheet**|**4**| |**Notes to the Accounts**|**5**| |**Independent Examiner's Report to the Accounts**|**7**| Page 2 ## **MAPLE GROVE COMMUNITY GROUP** ## **Statement of Financial Activities ( Incorporating an Income and Expenditure Account ) For The Year Ended 31 August 2024** |**INCOMING RESOURCES**
Fund-raising
Fees
Receipts
Cambs. C.C.- Grants
Wraparound
Fees
Out of School Club
Fees
Holiday Club
Fees
Other
Interest received
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Cost of Generating Funds**
Events
**Costs of Activities for Charitable Objectives**
Salaries, N.I and Pension
Repair & Maintenance
Cleaning Materials
Refuse Collection
Furniture & Equipment
Refreshments
Children's Materials & Activities
Other Consumables
Other Staff Costs
Training and DBS
Specialist Funding Spending
Depreciation - Building
**Sub - Total**
**Management & Administration**
Audit and Bookkeeping Fees
Consultants
NNDR
Utilities - Gas, Electric, Water and Telephone
Insurance
Licences/Permits
Bank Charges
Office Supplies
IT Costs
**Sub - Total**
**TOTAL RESOURCES EXPENDED**
**Net Incoming Resources/(Resources Expended)**
**before Transfers**
Revaluation of Fixed assets
**Net Movement in Funds**
Funds at 1 September 2023
**Funds at 31 August 2024**|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
3,424.40
3,424.40
4,437.63
15,468.82
15,468.82
13,051.12
448,323.71
448,323.71
353,529.74
20,383.25
20,383.25
31,009.50
72,357.26
72,357.26
60,859.49
0.00
0.00
13,246.00
2,361.37
2,361.37
911.00
4,119.09
4,119.09
3,457.44| |---|---| ||**566,437.90**
**0.00**
**0.00**
**566,437.90**
**480,501.92**| ||| ||**1,337.03**
**1,337.03**
**2,324.12**| ||496,641.21
496,641.21
467,567.25
4,281.60
4,281.60
4,623.20
4,262.60
4,262.60
5,973.83
1,986.43
1,986.43
1,816.62
935.06
935.06
843.29
4,235.47
4,235.47
5,765.26
2,119.65
2,119.65
2,842.86
2,571.34
2,571.34
2,183.91
415.44
415.44
2,751.29
2,322.33
2,322.33
2,091.26
4,929.82
4,929.82
5,129.66
0.00
13,333.33
13,333.33
13,333.33| ||**524,700.95**
**0.00**
**13,333.33**
**538,034.28**
**514,921.76**| ||850.00
850.00
600.00
1,325.00
1,325.00
0.00
1,816.40
1,816.40
2,188.20
17,316.05
17,316.05
14,641.53
5,985.40
5,985.40
4,675.45
393.96
393.96
550.70
106.43
106.43
84.00
3,036.98
3,036.98
3,669.02
1,700.32
1,700.32
1,125.11| ||**32,530.54**
**0.00**
**0.00**
**32,530.54**
**27,534.01**| ||| ||**558,568.52**
**0.00**
**13,333.33**
**571,901.85**
**544,779.89**| ||**7,869.38**
**(0.00)**
**(13,333.33)**
**(5,463.95)**
**(64,277.97)**
0.00
0.00
0.00
0.00
0.00| ||**7,869.38**
**(0.00)**
**(13,333.33)**
**(5,463.95)**
**(64,277.97)**
162,986.75
0.00
658,782.07
821,768.82
886,046.79| ||**170,856.13**
**0.00**
**645,448.74**
**816,304.87**
**821,768.82**| Page 3 ## **MAPLE GROVE COMMUNITY GROUP** ## **Balance Sheet as at 31 August 2024** |**Fixed Assets**
Tangible Assets
Building
**Current Assets**
Cash at Bank
Cash in Hand
Deposit Notice Account
Short-Term Investment
Debtors
Payments in Advance
**Current Liabilities**
Creditors
Accounts in Credit
Receipts in Advance
**Total Assets less Current Liabilities**
**Funds**
Unrestricted Funds
General Funds - Undesignated
Restricted Funds
Building Fund
Capital Funds
New Building - Endowment
**Total Funds**|**£**
271,756.77
730.99
0.00
0.00
0.00
552.00
3,604.40
14,212.87
84,366.36|**2024**
**£**
645,448.74
273,039.76
102,183.63
**816,304.87**
170,856.13
0.00
645,448.74
**816,304.87**|**£**
61,413.21
1,118.66
54,971.74
101,835.62
823.76
414.00
3,842.90
10,359.47
43,387.87|**2023**
**£**
658,782.07
220,576.99
57,590.24| |---|---|---|---|---| |||||**821,768.82**| |||||162,986.75
0.00
658,782.07| |||||**821,768.82**| Page 4 ## **MAPLE GROVE COMMUNITY GROUP** ## **Notes to the Accounts for the year to 31 August 2024** ## **1. Accounting Policies** ## **General** These accounts have been prepared under the historic cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting by Charities. ## **Depreciation** Depreciation is provided on the Pre-School building at the following rates based on the estimated useful life of these fixed assets and their anticipated residual value: ## Pre-School Building 60 Years - Straight Line basis No depreciation is charged in the year of acquisition. ## **2. Fixed Assets** |**Used by the charity**
**Cost**
At 1 September 2023
Additions
**At 31 August 2024**
**Depreciation**
At 1 September 2023
Charge for year
**Net Book Value**
**At 31 August 2024**
At 31 August 2023|**Freehold**
**Building**
**Total**
**£**
**£**
800,000.00
**800,000.00**
0.00
**0.00**| |---|---| ||800,000.00
**800,000.00**
141,217.93
**141,217.93**
13,333.33
**13,333.33**| ||154,551.26
**154,551.26**| ||**645,448.74**
**645,448.74**| ||658,782.07
658,782.07| The above values relate to the building only. The land the building is sited on is owned by Cambridgeshire County Council and is leased to the Charity on a 'long lease' at peppercorn rent. ## **3. Unrestricted Fund** The General fund represents the free funds of the charity which are not designated for particular purposes. ## **4. Restricted Fund** The Restricted fund was established to receive grant monies from the Community Fund Lottery relating to the new building together with the associated costs. This has now been completed and there are now no funds classified as restricted. ## **5. Permanent Endowment Funds** The transactions within the Endowment Funds category relate to the original building and equipping of the new Pre-School building which was funded by Community Fund Lottery Grant. The extension and provision of additional classrooms, completed during 2016/17, has been funded by Cambridgeshire County Council together with a contribution of £55,000 by MGCG. The balance on these funds represents the net book value of the original building and the extension and is not available for any other purpose. The value of the building has been included at insurance value pending a formal valuation. Page 5 ## **6. Movement in Funds** |**t in Funds**|| |---|---| |Balance 1 September 2023
Incoming Resources
Outgoing Resources
Revaluations
Balance 31 August 2024
**s by Funds**
Fixed Assets
Current Assets
Current Liabilities|General
Restricted
Endowment
Fund
Fund
Fund
Total
£
£
£
£
162,986.75
0.00
658,782.07
821,768.82
566,437.90
0.00
0.00
566,437.90
(558,568.52)
(0.00)
(13,333.33)
(571,901.85)
0.00
0.00
0.00
0.00| ||170,856.13
0.00
645,448.74
816,304.87| ||General
Restricted
Endowment
Fund
Fund
Fund
Total
£
£
£
£
0.00
0.00
645,448.74
645,448.74
273,039.76
0.00
0.00
273,039.76
(102,183.63)
0.00
0.00
(102,183.63)| ||170,856.13
0.00
645,448.74
816,304.87| ## **7. Net Assets by Funds** Page 6 ## **Independent Examiner's Report to the Trustees of The Maple Grove Community Group** I report on the accounts of the Trust for the year ended 31 August 2024, which are set out on pages 3 to 6. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility to : - examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act; have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed : Name : Mark Saunders B.Sc (Hons) Address : 7 Tribune Close Chatteris Cambs PE16 6UY Date : 28 November 2024 Page 7 Page 8 Page 9 Page10 Page11