Reghtered charity number: 1066693
The Wick Community Association
Annual Report and Accounts
31 March 2024
Collins and Co
28130 The BroadTrvay
WA¢kford
Essex
SSII 7AA

The Wick Community Association
Contents
for the year ended 31 March 2024
Pige
Inforniation
Report of the Genernl Committee
Independent Examiner's Report
Stat¢m¢nt of Fmancial Actii'ities
Balance She¢t
Not¢$ to the Accounts
9-10

The Wick Community AssociAtion
Information
for the year ended 31 March 2024
General Committee:
Miss L Brwk¢r (Secretar!")
Mr T BrcK)ker (Resign￿ May 23)
Mr P Campbcll
Mrs C Doivers
Mr l DoiY¢rs (Treasur¢r)
Mr L Halls
Mr R Rudd
MsBShffi
Ms J Sifftpkins
Re8i9tered Number:
1066693
Registered Addresi;
Wi¢k Community Centrc
Silva Island Wm"
Wi¢kford
SS12 9NR
Indepwdent EiAminer:
Collins and Co
28130 The BroadM:ay
Wickford
SSII 7AA
BAnkerg'.
Bar¢1￿.$ Bank Pl¢
Leic¢ster
LE87 2BB

The Wick Community AssotiAtion
Report of the General Committee
for the year ended 31 Marcb 2024
The General Committee have pleasure in submi'tting L,.Yir Annual Report along iiith the accounts
of Th¢ Wick CiJt)munits. Association ('Ihe As$(￿Lati()n'1 for the year ended 31 March 2024,
Status
The Association is a rew'ster¢d chan'ty,, Ivith its. ¢onstitution having been adopted on 14 Aprd
1997.
Objectives of The Assoaation
The objectives of the Agsc*iation as set out in its con¢titution are to promote the benefit of the
inhabitants of The Wick area and to establish, maintsin and manage a wmmunity centr¢.
Financial Review of the Year
The d¢ficit for the vear was £3,778 (2023.. surplus of .£9.341).
Reserves Policy
In i'iem" of the fixed natuK of the expenditur¢ of the charity, the aim of the General Cornmitte¢
oi'er the medium temi is to be able to retain resen'es ilt a level in the region of six months total
¢xp¢nth'ture.
Investment Policy
All fimds retained in excess of immediate rcquirements are rctained on deposit. Thc aim is to
a¢￿¢V¢ th¢ optimum retum on an insiant ￿cesS accoJnL
Risk Management
The General Committee are aiTrar¢ of the major risk b) Ivhich the charity is eNyos¢l namely b¢ing
unable to secure income to coi'er the exF¢nditure of the clwity, iyhich is primaril& of a fjxed
nature. In thi's respeci a numlxr of regular users of tFie premises have been secured, And th¢
¢ontinuation of these licence a8reements is continually revieived to ensure optimum use of the
harity's pr¢miseg
Indepffident Examiners
Collins and Co Acwunlants are wilh'ng and stand for re4lection as Ind¢pmdent Examin￿$ lo the
charity.

The Wiek Community Assoclation
Report of the General Committee
for the year ended 31 March 2024
Statement of General Committee Respongibilltie8
Laiv applicable to chariti&s in England and Wales requires the Gen¢ral Conm]itt¢e to prepar¢
accounts for each fin&)ciaI s'ear which sii'e a true and fair i'iell. of th¢ state of the ¢harih"'s
fmancial activities during the !'eaT and of its f)nancial psition at the end of the s'ear. In preparing
unls giving a tru¢ and fair view, the Gcncral Con)mitt¢¢ should follow bc5t Practi￿ and:.
.seJect suitable ac£ountin8 ￿lICIeS and then appl>, them con8iStently'
-make judgements and estimates that Are reasonable and prudent,
-pr¢par¢ the accounts on the going concern basis unless it is unlikely that the charity M'ill continu¢
in OFKr4tson.
The General Committee ar¢ responsible for keepinB pfokxr xcounting records w'hich disclose
ith reasonable llccuraes. at any tim¢ the financial position of the charity and w'hich enable them
to a8certam the f￿￿ela1 px)sition of the charity and W,￿Ch enable them to ensure that the arxounts
)mpl)' ii'ith apphcable laiv and the ttust d¢¢d. The!, are also resp)nsible for safeguarding the
assets of the charity and for taking ￿aSonable steps for the prev¢ntion and detection of fraud and
other irregularities.
Si8n¢d on b¢half of the General Committee
1117J
Miss L Br￿K"Cr (Secretary,)

The Wick Community Association
Xndependent Examiner's Report to The General Committee
for the year ended 31 March 2024
We rep)rt on the accounts of The Wick Communit). Association for the s.ear ¢nded 31 Ma￿h
2024: set out on pages 7 to 10.
BAS18 of Independent ExAmlner's Report
Our examination ￿'aS carried out in accordanc¢ with the G¢n¢ral Directions gii'en b). the Chariti,
Commissioners. An examination includes a revieiv of the accounting records kept kn. the charity.
and a comparison of th¢ ac¢ounts presented with thos: records. It also includes consAd¢ration of
an). unusual items or disclosures in the accounts, and seek"in8 explanations from you as a General
Committee concerning an!" such matters. The procediwes undertaken do not proi'ide all th¢
ci'idence thal ii.ould b¢ required in an auth'c and con$4uenth' Ive do not eyress an autht OPAnion
on the ii¢N' gii'en b). the accounts.
Respertive responsibilities of General Committee lind Examiner
The charity s G¢n¢ral Committee are respK)nsible for the preporation of the accounts, and they
consider that an au(h't under section 43(2) of the Charities A¢t 2019 is not required this }:ear, and
that an independent examination is needed.
It is our responsibility to examine the accounts, to follow the prc¢edures laid doivn in the General
Directions ￿Ven kn, the Charitv Commissionets under section 43(7) (b) of th¢ Charities Act 2019
and to slate ii'hether particular rnatters hai'¢ com¢ to i)ur attention.
Independent Ex8miner'$ Statement
In conn¢ctson ivith our examination, no matter has Climc to our attention;
( l) Which gives us rea9Jnable cause to believe that an). material reS[￿l to the reqU1￿ments
- to keep accountAng records in a￿ordanCe iyith section 41 of the Charities Act 2019: and
- to prepare ￿coUnts which a￿V[d ivith th¢ ac¢ountiog reeA)rds and compli, Ivith th¢ rcquir¢m¢nts
of the Charities Act 2019
hai'e not be¢n met.
(2) to ii'hicK in our Opinio￿ attention should ￿ drai%Tr in Ord￿ to enable a propcr undcrstanth'ng
of the accounts to E¢ reached.
Collins and Co
28130 The Broadwas,
Wickford
Ess¢x
SSII 7AA
Date: ti IQIY

The Wick Community Association
Statement of Financial Activities ("SOFA")
for the year ended 31 March 2024
2024
2023
Incoming ReJour¢e$
95752
94140
Charitable Activities
(90905)
(77373)
4847
16767
Governance Costs
(8624)
(7426)
Net Movement in Funds for the Year
(3777)
9341
There are no rerognised gains and losses other than those passin8 through th¢ st4t¢m¢nt of
financial activities.

The Wlek Community Association
Balance Sheet
as at 31 March 2024
Notes
2024
2023
Fixed Assets
TangRble Assets
Investments
12779
15278
12780
15279
Current Assets
tkbtors
Cash at bank and tn hand
1260
5I1904
1077
553118
60164
56465
Creditors: amounts falling due within
one year
(11360)
(6384)
Ne¢ Current Assets
48804
50081
Totsl assets less Current liabilities
61584
65360
Accumulated Funds IUnregtri¢ted)
At 1° April 2023
Deficiusurplus for the year
65361
(3777)
56020
9341
61584
65361
These financial statements have been reviewed by the committee and are agreed as being
in a¢cordance with the source documents.
Signed on behalf of the General Committee
Mr. l Dowers
(Treasurer)

The Wick Communlty Association
Note8 to the Accounts
for the year ended 31 March 2024
I, Accounting policies
A¢counting convention
The acxounts hav¢ been prepared under the historical cost ¢oni'ention and in accordance
Ivith th¢ Financial Reporting Standard for Smaller Entities (etTective April 2008), and in
cordance ivith the Statemcnt of Rccommended Practi￿. Accountin8 and ReJx)rting lry
Charities" (SORP 21M)S), issued in March 2005, reNised Jul>, 2008.
Incoming resources
Incomin8 re￿Ur¢eS in r¢S￿¢t of th¢ proi'ision of or services (for example hall or
nction ￿elpts) are &counted for on a receii'able basis.
TAngible fixed asgets and depreciation
Items purchased costin8 less than £ l(M) are not capitali￿d , but are treated as an eypense in
the pcriod in ivhich the it¢m ivos acquired. tkpreciation ig provided at rates calculated to
write otTthe cost or valuation oran asset over the u8¢fid ¢conomic life of the &gseL a5
follows:
Fiwes, fittin88 & ¢quipm¢nt
- 230/0 redu¢inB balance
Lea￿$ And hire purchases
Rental$ paid under operating leases are charged to the Stalement of Financid Activiti¢s on a
8traight hnc b4sis oi'er the lease Qnn.
Investmenti
Fixed &88et investinents are statcd at ¢osi less provision for diminution in value.
ReJour¢¢$ expettded
Resources cwdcd are rccognised in the period in iyhich the), are inCuff￿. R¢SOu￿¢S
)cnded include attributabl¢ VA T M'hich cannot bc recovcrcd,
Wher¢ a s¢rvi¥X p￿Vider has grant￿ a reduction at source in the wst of their sen'ic¢$ to th¢
As80¢iation, the net amount pffi.'able has tKen reco8ni8ed as an expens¢. In ￿Spe(t of th¢
I¢A8e relating to the Association's premis¢s, the amount payable r¢pr¢sents l 00/0 of th¢ rent
stated in the lease.
TaxAlion
Th¢ Association is exempt from Corporation T&x by virtue of it bein8 a Re￿$t¢￿d Charity
in England and Wales.

The Wick Community Association
Notes to the Accounts (continued)
for the year ended 31 March 2024
2. Tangible r￿ed a88et¥
Fixtures, fitting8
& Equlpment
Cost or valuatlon
At l Apr￿ 2023
Additions
At 31 March 2024
62856
63098
Depreciotion
At l Aprd 2023
Charge for the year
At 31 March 2024
46061
Net book value
At 31 March 2024
At 31 March 2023
3. Fixed uset inveitments
Cost or valuatlon
Al l April 2023 & at 31 March 2024
4. Debtorj
2024
2023
Other debtors and pr¢paYmMt8
S. Creditori.. amounts fallin8 due within one yei
2024
2023
Other creditors
11360
6384
6. Related party trAnsa¢tirns
During the year The Association did not reteive gift aid donations from Wick Canmunity,
Centr¢ Seryices Limited.
The nature of the Association is such that the members of the General Committee Are also
members of the Association. There are no p￿ferential frnns aNailable ￿ the members of the
General Commilie¢ for their member2>hips. In addiliot4 il 1$ ￿)￿Ible for any m¢n)ber to use
and hire the facilities available, and memt¢rs o.f the General Committe¢ do Ihe spme
terms available to other members e¥cept for oni free hall hire per l'ear. In I'ieii, of the "anns
l¢nsth': nature of s￿h trhnsaclions. no additional th'sclosure is required in these acrA)unts,
10

The Wick Community Association
Accounts for the Year Ended 31 Marcb 2024
Five Year Summary- Balance Sheet
2024
2023
2021
2020
2019
Fixed A88et6
Cost
Depreciotion
51642
3726
14376
51462
63098
61340
52072
40967
11103
12779
lJ279
18987
Inve8tmeDts
Totsl Fixed knets
Net Current Aiaets
Current Assets
EX￿n$¢$ Prepaid
Oth¢r Debtorg
Cash at Bank and in Hand
638
528
454
528
421
7177
732
528
549
5211
Current LiAbilltie8
HNII Deposits R¢pa)'able
SociAI Securit), & other t￿¢9
867
485
1317
690
118
1570
232
1948
341
07
Current
51847
68407
Net Fun(b
61584
4361
56020