PILANDS WOOD COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 REGISTERED CHARrrY NUMBEIL. 1049953
FOR THE YEAR ENDED 31 MARCH2•L1 Balance Shttt Notes to the Fin•1 Slatem 10-16 THE FOLLOWING PAGLS ARE FOR MAF4AGEMENI PURPOSFS ONLY: 17
Pyl FOR YEAR ENDED 31 MARCH 2LI charity for the year ended 3l Marth 2023. note I to the Fir181 ststeM and compty with the eharity's trust dt the Charities Act 2011 appli(bl¢ in th¢ UK and RWli¢ of Ir¢18trJ (FRS IW2). PRtNcIfAL OFFICE: Pilants W(KJd mmunity A&M)ci&ion Piknds WO( Centr¢ Bursledon S019 9RH Th¢ Mallagthll Commitr is a combination of officers elted from its Aclation slI0n arKI a represkn of affiliatal user as well reFthVu of locgl athitie8 gnd other community dieS, such 230 Shirley Ro S015 3HR
Pag• 2 (CONTINUED) 31 MARCH2023 The &wxiation's objects and prlnelpAI plivilies arv. To encourage living in the at¢a of bettfit to use th¢ 89 a step up to le&rning skill4 in good r¢pairp pay staff to run the ¢4lltr¢ arAI in the fill1n8 of wiject& L¢ttin8 ofthe to a thy centr4 grrxy and dubs. C¢Dtr¢ &s31St fUTrJ1 of 4 5Aay 8ro Publk Beneth Stxlement Our main tiVitieS and we ty to help aTE de8CrIb alM)v¢. All of ow activities 4r¢ Utmle to furlher our ¢harilable purposes for the public benefiL In shaw8 our objeaives and pl8nnln8 our activitie& the Management eittee Iw ¢0fy8iderl the (aTity Commi88ion's guidance on publi¢ benefit in¢luthng the llda 'Pullic B¢fiL. RDiD¥ a chlty (PB2)'. bohttviourandthe¢o9¢-of.livxU1ajL TheLxrrtrn h48slowlyb Yebuildlnghirers4fter Irnpt ofCOVtD prothL a day centTe and Lxmununty In¢ome from letiings and other attlvtli incre this to £29.Tn. comwryl with £24,493 in EXndIre In the year to 31 M8r¢h 2tr23 ltim8 to £3&668 from £36219 in the wevious year. The aswciation vthieveAI a for the year 31 Marth 2023 of £6209 compared to a d¢ficit of £(3,394) in the pr¢viou8 y¢ar.
Page 3 (coNrMJED) 31 MARCH 2023 We Contin to be grateful for ttKJ8e wh) 94V)rt th¢ ceth this time by way of and realise Prln¢lpk FuttdlDg Sourt The fimding Sourc for the chatity are by way of 60% * fimdin8 and lettin8 inMe. As a result of increasi ott the lre of local authoritie4 the charity I Imv•itm¢Dt Polky AsAde from rt#inin8 a wudent amount in fts¢rves each year. most of the cbaTitys fund5 are to spent in the slKrt4eTm so there few fimds for Iw.t¢rni inv¢8tsixnL A review of investm¢nt policies is planthl early in th¢ new financid year. Re#rveJ Poly And Golty Coaetrn risks to the or8gnis1OL It has es18bliskna a policy whereby the unr¢8tricted fund8 not committed or The Managets CAxyllnittee ts of a view that PilaDls Wood Conllnutiity Ajjocladon is a going ¢oncern. PIANS VOR FIITURE PEIUOIAS . To continue to clI and trnin m(rt VolUrt . To imFYove th¢ ¢¢ntre's frilities for the commity.
Page 4 31 MARCH 2023 STRUCTUR4 GOVERNANCE AND MANAGEMENT (cofffiNuED) R•¢niltmeDt Md ApPntAI¢t of the Managem•Dt Committe eletsl to serK for a of one y¢ar. after waich thry Ttreketed at the Annual General to nntut¢ of objectives of the associaM it ts Iwd the neeth of the are& of b¢n¢fit will be TruJts• Indue¢lon ud Trlllkn8 to familiarise themselve5 with the dwity the contcxt within which it operat¢s. This takes d forni of meetings with the existing trustees: an intrOdtIon to tnL8te¢s' respon8ibiliti¢8 and chlty law by Hampshire County Council: vario4 one (kny Cour& by Ea8tl¢igh BotOU8b Coun¢il and oth Constitirtion: futur¢ plans aThl o1¥e£t1 gr Commission publieations sigTh poed through the Commision's 8uid¢ 'The Essential Trustee, as & follow up to these U¢SSiODB. Thii is distribut to all new trwte4 alon8 with the ConstitittioD A riskrewr isto be establi¥W 8t is to be uptsted at least annuftlly. Where appropriate. rystems or procedures areto be establiskl to mitiw th¢ risks th¢ GbaTity fac SIAficant utsmal risks lead to th¢ (kvelopment of a stratC8ic plan which will allow for the diversifieation of i1¢alty revi¢Thd to ¢fyryut¢ that they Contin to the ne*lg of the e])arity.
Pag¢ S 31 MARCH 2023 OryaDl8#tlott Strurtur¢ meel quarterty and are respothle for the stratwc dirxtiOD ond p)licy of th¢ clwiry. At presenl A me of d¢legation be into plK¢ aThl day to dry r•insibility for the provision of the ragpo81bI¢ for enSw1 that & charity delivets the services SpecIj and that key prfornwice indicators are m¢t. The Centre C(TrOrditiw employrA by the trte£S has delegatul responsibility for th¢ day to day operntion manasrnt of the Centre. individ1 supervision of the staff team and also ¢nsurin8 that the team ¢th)tio to develop their skills and in liti¢ with good Pay Poucy for 8enlor Staff The pay for all senior staff employed by the charity is reviewd on a re basis aThl any In 80 it is eompknnentsry tothe charity's obi4%ts the cbarity is Buidcd by both local and nationfjl policy. At a national ieveL obicctives suth wovision of services to care for children: provision of IT trainingand facilities and womotion of proJKts th all a8¢ 8row At a local level, various RLSPONSIBILITIES OF THE TRusfEFS IN RK8PE OFTEE FINANCIAL STATEMENTS Statements for ¢xh fin11] year whlth give a and fair vi¢w of th¢ slal¢ of th¢ affairs of th¢ charity and of the in¢omin8 resour$ and app]Acation of resoutLts of the Charity for that period. In select llIable w)li¢ies ar¥J apply them consiY' obswve the prin¢ipk8 iti the C&arities SORP: disclosed and expl in the Financial Statan¢. aThl
Pag¢ 6 31 MARCH 2023 z¢asoDable at any tim4 the financial position of the cbarity and to enabEe them to ensure thatthe Fitian¢ial SIatr*th comply with th¢ Clwities Act201 l. th¢ Cbarity (A¢Untr and Reports) Regulations 2008 and the provisions of the tntst deal They are also respIble for Safeguardi the and other irre8u]arities. The tn are resp)ll1¢ for the maintenanc¢ and integrity of the charity a1 financial infornjation ilud¢d on the charity's wrbsit¢ in arde with le8islatsoD in United KiD8dom 8overnin8
Pw7 TO ThE TRUSTELS OF 31 MARCH 2023 l report to the Irustezfj on my exami0 of the x¢ounts of Pilands Wood Community AlatIOn for the year ended 31 Marth 2023. RESPONSIBILITIES AND BASIS OF REpoifT with the rUltelli of the CTitica Act 2011 (Ihe A¢t'). I rwt in respxt of my examirthD of the charity's accounts ¢atried out under Kction 145 of the 2011 A¢t and in carrying out my examiOll I have follow all the applicable Direxiions given by the ChArity Commission section 145(5Xb) of the A¢L a¢¢ountln8 rwds wrre not kept in respwt ofthe cknarity as wuird by se¢tion 130 ofthe ACL. the &ClUnts do not wrnpty with th¢ appli(1¢ rqwrements ¢onCe8 the forni and content of acwunts sel out in the ChaTitie8 (AoUnts and R¢wts) Regulations 2(K18 other than any wbich attention $ldd be drnwn in this reprt in der to enable a ry0r llnde of the counts to be teth DAVID J TrIANf FCA 230 Shirley R(•d Soutlthmptoa S015 3HR 19 AW 2024
Page 8 31 MARCH2023 2022 U•rotrkttd Total Totsl Fllndj Fund• Fonds COME 15.1 29.777 15.1(K) 29,777 8,332 24,493 Charltable a¢tlvitie8 44.8TI 44,877 31825 Charitabl¢ xlivitse8 38.668 38,668 36219 38,668 3&668 36.219 NET INCOMFJ(EXPENDrruREyN 6209 209 (3,394) RECONCILIATIOIY OF FiINDS 6.126 6.126 9.520 £11335 £11335 fj,126
Page 9 S AT31 MARCH 20LI 2022 Nots# Tangible fixed assets 120 160 TOTAL FIXED ASSETS 120 160 Debtors C&th at bonk and in ha1 lQ5r2 IA666 20J18 one year 8J03 17,603 10 £12,335 £&126 li 11335 6.126 £12J35 £6.126
Pag¢ 10 31 MARCH2•23 ACCOUlG POLICILS (a) Bas18 of Prep•radou by Charities: Statement of Reeonmendul Practicc appli(xble to cPthrities prepari their the UK al Republic of Ireland (FRS 102)- (Charities SORP (FRS 102)). the Financial Reporting Standard appli1¢ in UK Ryblic of Ircland (FRS 102) ard th¢ Charities Act 2011. The charity ¢oMtitith a public bt4%fit ¢ntity a5 defiwl ty FRS 102. (b) Fund• 8tru¢tsr¢ d 8etral oWliw of the ckArity. (C) Incom¢ All Anme is Incl1 inthe StstementofFinMncid Activities when thc dwity is entitled to the income and th¢ amounl can qU8Dtifiul with re&wnable cuY. The followiDg Slfi¢ polirAs ar¢ applied to ticulAr •i¢s of iticoxtse: Incl in full in the SlalaDt of Activiti when tt£eivabl¢. Gran
Pwll (cONT]ED) 31 MARCH 2023 (d) Expenditsr• includes ttny VAT which ll0t Ix recovthl is Tepjtol 8$ Pt of thc ¢Apcnditur¢ which it relates: of its activities aryl 8ervi¢xs for its b#*ficiaTia It indud¢y both o)sts that can be All Costs are xatl the expetiditrlle ¢ategori¢s of the Stat¢nThrt of Finala1 Activities on a t•518 to reflect the use of the re8ourtt. Costs (e) Flxed Amots D¢pr•d•do Fixed &88ets are stated at LX)Stless accumulated deprlatt0n. The costs of MIr addltions ore not C8pitsli5&£ D¢¥eciation is provided at rates cakuw to WrIteOff the cost of eadL asset ov¢r its eXPted u8eful lifr as followi: 25% ofN¢t Book Val (fj Debt•rJ (8) Credltoyj Creditors are reco8n3ga4 where the chftrity has a wesent obligation resultin8 from a evtht that wlll probAbly tt3ult in the transfw of fi#Mls to a third party aDd the amount due to settle the obligation bc measred or estinw1 reliably. (h) IPinu¢ial lll8trume•ts
Py12 31 MARCH 2023 DONATIONS AND GRkNrs Totsl Totsl Funth Fundj Fvdj 15.1 15,IIN) &332 £15.IN) £15.100 £8.332 In 2022 the dwtiorA and of £8J32 WEre unratti (2022- £tiil). Unrats4ctd Totsl Totil Fun 29.7T7 29.7TI 24.493 £29,Tn £29,Tn £24.493
PAV 13 (CONTThUED) 31 MARCH 2023 C¢ntre Totsl Totsl Staff cogts 7,419 28235 1420 594 7.419 28235 1420 7,625 23,997 4,143 454 SupFA)rt costs £38.668 £3&668 £36,219 In 2022 the on thitable xdvlde8 of £36219 wa8 ANALYSIS OF SUPPORT AND GOVKRNANCE cosrs The ¢hArity the costs of its AqYP)rt fillxtioll by Th•y of apprtiOnM It then Totsl Ba•h of SUprt GovernAD¢e ApportlonmeDI Usage Usage 594 2.974 420 £594 £3.014
P*g¢ 14 (CONThUED) 31 MARCH 2023 £7.419 £7,625 TANGIBIX FIXEDASS Equlpm¢nt Totsl Colt As at l April 2022 379 379 A¥ at 31 March 2023 379 379 As at l April 2022 (knge for the y¢•r 219 219 40 As at 31 March 2023 259 259 Net Book Val As at 31 March 21723 £120 £120 A8 al 31 March 2(r22 £160 £160
Page IS 31 MARCH 2023 2023 2022 Grants e1vabl¢ 12,500 4,072 16.666 As At 31 Mar¢h 2023 £1&5T2 £16.666 2022 £8,303 £17,603 21123 2022 Uurertrlrted Totsl Tot*1 FuDdi FmDd¥ Fund• Tangibl¢ fed 120 120 160 20,518 20J18 23.569 (8J03) (8J03) (17.603) Not osgets at 31 March 21)23 £11335 £12335 £&126
Page 16 (CONT1) 31 MARCH 2023 At At 01.0422 Ineome Ewdltsve 31.0323 126 44.877 38.668 I1335 £6.126 fA4,877 £38.668 £12J35 ritable obisXt& 11 TRUSTEES. IlEmUNZT1oN 13. REL4TED PARTIFS 14. TAXATION to the extent that thwe are applleAI to Its ClrIbIe obie£t& No cbarp hove #i8¢n in the