NOTLEY GREEN COMMUNITY ASSOCIATION TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Notle Green Communit Association Contents of the Financial Statements For the Year Ended 31 Jul 2024 Page I General Information Page 2 Trustees Report Page 3 Trustees Responsibilities Page 4 Independent Examinerfs Report Page 5 Statement of Financial Activities Page 6 Balance Sheet as at 31 July 2023 Page 7 Notes to the Financial Statements Page I Notle Green Communit Association Financial Statements For the Year Ended 31 Jul 2024 Charity Registration Number 1058443 President Kyap Chairman Roger Smith Treasurer C Crick Trustees B Cassidy T Cassidy D Neave N Parkinson R Smith Kyap Independent Examiner Ronald W Chivers & Co Bankers HSBC plc Great Square Braintree Essex CM7 7UE Page 2 Notle Green Communit Assoclation Financial Statements For the Year Ended 31 Jul 2024 The trustees present their annual report and the financial statements of the charity for the year ended 31 July 2024. The accounts comply with the current statutory requirements and with the requirements of the SORP. Constitution The charity was constituted on l February 1996 and is governed by a definitive Trust Deed and rules dated 16 February 1996 as amended on 7 January 1999, 6 January 2000 and 23rd January 2023. The trust is registered as a Charity, under number 1058443. Objectives The purpose of the charity is to establish or secure the establishment of a community centre for the benefit of the inhabitants of the parish of Great Notley, and to promote other charitable purposes as required. Activities The Association has continued to expand its membership during the year. Results The results for the year are set out in the statement of financial activities on page 5. These show the Association received income of £218,878 and had expenditure of £199,412. Trustees The Trustees of the fund throughout the past year are shown on page l. Additional trustees can be appointed by the existing trustees. The General Committee consists of the trustees, the Charitrfs administrative officers (nonvoting), section representatives, and representatives from local authorities and affiliated organisations. R Smith .... Date Page 3 Notle Green Communit Association Financial Statements For the Year Ended 31 Jul 2024 Under the Charities Act 1993, the Trustees are required to: Keep proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity. To prepare financial statements for each financial year, which give a true and fair view of the state of the Charity's affairs and of its surplus or deficit for the year and comply with the regulations made by the Secretary of State. In preparing those financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently Make judgements and estimates that are reasonable and prudent State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and whether the financial statements have been prepared in accordance with the Statement of Recommended Practice, Accounting for Charities, issued by the Charity Commission Prepare the financial statements on the ongoing concern basis unless it is inappropriate to presume that the Charity will continue in operation. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 4 Notley Green Community Association Independent Examiner's Report to The Trustees of Notley Green Community Association For the Year Ended 31 July 2024 W¢ report on the accounts of the trust for the year ended 31 July 2024 as set out on pages 5 and 6. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 (the Charities Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act, whether particular matters have come to our attention. Basis of independent examiner's report Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 we do not express an audit opinion on the view given by the accounts. Independent examiner's statement In connection with our examination, no matter has come to our attention: (i) which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Charities Act. and to prepare accounts which accord with the accounting records and to comply with the accoLinting requirements of the Charities Act have not been met. or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. (2) RONALD W CHIVERS & CO ACCOUNTANTS 61 Manor Street Braintree Essex CM7 3HP 3 March 2025 Ronald W Chivers & Co is tlic trading Iiaiiie ot-Ronald W Cliivers & Co Ltd: coinpaiiy Iiumber l 1919594 registcred iii England and Wales, registered office address as above. Page 5 Notle Green Communi Association Financial Statements For the Year Ended 31 Jul 2024 General Fund Designated Funds Total 2023124 Total 2022123 Income Charges for Hall Hire Fundraising Interest Government funding Sertions: Fees and Charges Other Income Total Income 48,699 8,001 307 48,699 24,328 307 44,039 14,056 179 16,326 144,503 1041 161871 144,503 1041 218 878 120,556 3580 182 411 57 007 Provision of Charitable Expenditure Provision of Community Hall Caretaking Light & Heating Water Charges Repairs / Maintenance of Hall Security Cleaning and Waste Disposal Telephone Insurance Licences Bank Charges 14,560 11,922 1,854 8,031 1,473 14,933 (913) 814 487 145 53 307 14,560 11,922 1,854 8,031 1,473 14,933 (913) 814 487 145 53 307 14,560 10,532 1,962 25,682 1,967 13,199 788 2,591 71281 Sections Wages and Fees Materials and Equipment Other Expenditure 125,358 3,729 11926 141015 125,358 3,729 11926 141015 104,920 2,975 17 871 125 766 Other Expenditure Fundraising and Social events Management and Administration Independent Examinerfs Fee Other 3,754 825 400 110 5089 58 396 3,754 825 400 110 5089 199 412 2,479 2,642 (100) 142 5163 202 210 Total Expenditure 141015 Net Income/(Loss) for the Year Contribution from sections Hire of the Hall by Sections 9518 9518 Net Movement in Funds 8,128 11,338 Fund Balances at l August 2022 22 594 27 416 Fund Balances at 31 July 2023 30 722 38 754 The notes on page 7 form part of these accounts (1,390) 20,856 19,466 (19.798) 19,466 50.010 69 476 (19,799) 50,010 Page 6 Notle Green Communit Association Financial Statements For the Year Ended 31 Jul 2024 2024 2023 Current Assets Debtors Payments in Advance Balances at Bank Current Accounts Deposit Account Cash in Hand 2,436 3,820 8,142 3,316 68,141 14,260 14 55,442 20,787 88,671 87,960 Current Liabilities Creditors Receipts in Advance 17,729 1466 27,322 10 358 19,195 69 476 37,680 50 010 Net Assets Represented by: FUNDS Unrestricted Income Funds General Purpose Fund 30,722 22,595 Designated Funds Sections: Badminton Ducklings Gardening Table Tennis Workout 116 35,797 964 1,794 83 35 23,747 819 2,826 12 38 754 69 476 27,415 50 010 R Smith For and on behalf of the Notley Green Community Association Dated Notes l) These Accounts have been prepared on a full accruals basis and cover the period from l August 2023 to 31 July 2024 Page 7 Notle Green Communit Association Contents of the Financial Statements For the Year Ended 31 Jul 2024 Accounting Policies Accounting Convention The financial statements are prepared in accordance with the Statement of Recommended Practice (Accounting by Charities) and in accordance with applicable accounting standards. Voluntary Income Cash donations, gifts, legacies and cash collected at fund raising events are included in the Statement of Financial Activities when the amounts receivable have been ascertained. Investment Income Interest receivable is included inclusive of the associated tax credit Grants Receivable All grants received have been treated as income irrespective of the grant and the use to which the grant is put. Related expenditure is included under the appropriate heading. Are those where the Association has identified funds to be used for a specific purpose of a specific section of the Association. 2024 Designated Funds Employees and Trustees 2023 Staff Costs: Wages and Salaries 125 358 104 920 The total number of employees by function was: Administration Caretakers Playgroup Section Officers Section Offices 10 10 10 None of the Trustees received any remuneration for their services. 10 Debtors 2024 2023 Hire Charges Pre School Session Fees 2,192 2,387 2192 2387 Creditors Amounts falling due within one year 2024 2023 Creditors 17 729 27 322