Charity registration number. 1070269
Sunningmead Community Association
Annual Report and Financial Statements
for the Year Ended 31 May 2024
WESTCOTTS
CHARTEAÈD ACCOVNTANTS
& BU$INESS ADVISERS

Sunningmead Communlty Association
Contents {continued)
Reference and Administrative Details
Trustees, Report
2to5
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t016

Sunningmead Community Association
Raference and Administrative Details
Chaimian
M Rattenberry
Trustees
L Astbury
T Bridger
M Bumell
H Burton
S Bush
DH
J HOWE
J Lejeune
K Lejeune
Z Sliwka
K Southgate
M Rattenberry
Charity Reglstration Number
1070269
Prlnclpal Office
Sunningmead Communty Centre
Lazenby Road
Wincombe
Tiverton
EX16 4AL
Westcotts (SW) LLP
Timberfy
South Street
Axminst
Devon
EX13 SAD
Westcotts
Timberfy
South Street
Axminster
Devc
EX13 SAD
Independent Examlner
Accountants
Page 1

Sunningmead Community Association
Trustees, Report
The trustees present the annual report together V￿th the financial statements of the charity for the year
ended 31 May 2024.
Objectives and actlvities
Public benefft
The trustees confirm that they have complied viith the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Structure, governance and management
Recruitmenl Induction and training, Risk management Organisational structure. Related
parties
Structure
Sunningmead Community Association is an unincorporated charity (Charity no.. 1070269) formed as
an Ass¢xiation and governed by its constitution adopted on 17th June 1998.
Trustees
The Charity is managed by the Trustees who m&t regularly to ensure the Charity continues to meet
its charitable aims. New Trustees are appointed by existing Trustees. The Trustees re￿1ve no
remuneration for their role as Trustees. The trustees have had regard to the Charity Commission's
guidance on public benefit.
Rlsk Management
The Trustees have considered the major strategic, business and operational risks which the charity
faces and confim that systems have been established to enable regular reports to be produced so
that the necessary steps can be taken to lessen these risks.
Objectives and activities
The objectives of the Charity are to promote the benefit of the inhabitants of Wilcombe and Tidcombe
and the neighbourhood together defined by Cranmore ward, Tiverton wthout distinction of sex, sexual
orientation, race or of political, religious or other opinions, by associating together the said inhabitants
and the local authorities, voluntary and other organisations in a common effort to advance education
and to provide facilitie5 in the interests of social welfare for recreation and leisure time occupation with
the object of improving the conditions of lrfe for the said inhabitants.
Page 2

Sunningmead Community Association
Trustees, Raport (continued)
Achievements and performance
It has been another very busy year again for the Centre. Although, the second half of our year has
been a fight against a downturn in business. This was due to the "cost of living crisis" made worse by
other fa¢tors going on in the world. An increase in halllroom hire charges and cutting costs has started
to tum Ihis situation around. Also, one of our cleaners had to take a reduction in hours. Our
Administrator lefl at the end of April, so the pro￿$$ to replace her has started. Doing without this
position. until filled, is also saving us money as the National Minimum Wage had risen again.
Birthday paty bookings have improved and been steady, along with an uptum in enquiries about
room and hall availability. We have also had new hirers in ROC College, Prospero Teaching,
Navigate, XYLA Health and a Hula Hoop group. We received a £500 donation from Wednesday
evening Bingo at Heathcoat Hall, which funded buying a Beer Cooler, plus a SCA banner. We also
were called upon by Mid Devon District Council, to use our premises as a Polling Station for the
Police and Crime Commissioners Election.
We started looking for funding towards our "Roof Appeal" which is going to be a long process, due to
the supremely steep cost to have new roofing work carried out.
Our oveNiew of things going foNard is a much more positive with our General Account in a healthier
place, which has filled us with a high level of optimism. With or without funding, we can use our own
funds, with care, to get a few of the repair jobs completed.
Financlal review
During the period the Charity received income of £66,802 (2023: £49,740). Of this income £59.302
(2023: £49,740) was unrestricted and £7,500 (2023: £-) was restricted. The Charity incurred
expendsture of £55,239 (2023.. £61,604) during the year, of which £2,428 (2023: £3,942) related to
unrestricted direct charitable activities and £52,811 (2023: £52,972) related to unrestricted support
costs; all of the expenditure was unrestricted. At 31st May 2024 the Charity had net assets of
£299,628 (2023.. £288,065) of which £291,828 (2023.. £287,765) was unrestricted and £7,800 (2023..
£300) was restricted.
The Trustees faced a difficult financial situation in the first half of the year, with a 'perfect stom, of
shrinking income on all fronts alongside dramatic increases in costs and a slew of one of expenses.
particularly repairs to our failing Roof.
The current felt flat roof is now 15 years old, and so is at end of lrfe. The Trustees therefore agreed to
launch a Sunningmead 'Raise the Roof Campaign to raise funds to replace the flat roof
an
estimated cost of £60-80,000. So far the Campaign has raised pledges and grants of £17,500 towards
the replacement, so there is still a way to go before we meet that goal. We will be focusing on further
Grant applications in the coming year.
Faced with the ongoing financial pressures, the Trustees took the decision to increase rents to our
longer term Tenants in order to bolster our Income. This has helped to tum the situation around in the
second half of the year, with the Bank Accounts looking far healthier by the years end.
Page 3

Sunningmead Community Association
Trustees. Report (continued)
Paty Bookings have continued to provide a steady stream of Income for the Centre, and Trustees
have resisted any further rise in our Hire prices for this important Community resource. Bookings have
remained lower than in previous years due to the ongoing pressures on household incomes.
We have gained some new regular Hirers and Tenants, which has helped to boost our Income as
well, and obviously the Bingo continues to be a consistent source of revenue for which the Trustees
are grateful.
The Trustees continue to be committed to keeping the Centre open for the Community and open to
the Community as much as is possible. We continue to offer the centre as a 'warm space. any time
we a￿ open, we continue to host free food and social events during the week, and will continue to
look at any way we can expand this offering working with community partners to open the Centre up
as much as possible to the local Community free of charge. We once again look fO￿ard to the new
Committees ideas to continue this.
Overall, we feel the Centre is again in a stsble and sound financial situation and we will continue to
build on that stability.
Reserves Policy
The Trustees agree to try and retain a balance in the Current Account of more than £5000, as a
Reserve. This amount estimated to be the amount required to cover salaries and costs for one Month.
This amount to be reviewed at future AGM'S as required
Page 4

Sunnlngmead Community Association
Trustees. Report (continued)
Trustees. responslblllties statement
The trustees are responsible for preparing the trustees, report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (Untted Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charty trustees to prepare financial
statements for each year which give a true and fair view of the state of affairs of the charity and of the
incoming resources and application of resources, of the charty for that period.
In preparing these financial statements, the trustees are required to:
• select suitable accounting policies and then apply them consistently;
observe the methods and principles in the applicable Charities SORP-,
make judgements and accounting estimates that are reasonable and prudent.
stste whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions
of the Trust Deed. They 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.
The trustees, annual report was approved on .
trustees by.
ZS_I r)_ L+. and signed on behalf of the board of
M.A. I
M Rattenberry
Chairman and Trustee
Page 5

Sunningmead Community Association
Independent Examiner's Report to the trustees of Sunningmead Community
Association
I report to the trustees on my examinalion of the accounts of Sunningmead Community Association
for the year ended 31 May 2024.
Responslbilitles and basls of report
As the charity trustees of Sunningmead Community Association you are responsible for the
preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of the Sunningmead Community Association's accounts carried
out under section 145 of the 2011 Act and in carrying out my examination I have followed all the
applicable Directions given by the Charity Commission under section 145{5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
1. accounting records were not kept in respect of Sunningmead Community Association as
required by section 130 of the Act,. or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of
accounts set out in the Charities (A￿OuntS and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Mr Stuart J Carrington FCA
For and on behalf of
Westcotts (SW) LLP
Timberly
South Street
Axminster
Devon
EX13 SAD
Date:
Page 6

Sunnlngmead Community Assoclation
Statement of Flnancial Activities for the Year Ended 31 May 2024
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Total income
720
362
58,220
7,500
8,220
362
58,220
1,321
15
48,404
59,302
7,500
66,802
49,740
Expenditure on:
Charitable actsvities
(55,239)
{55,239)
(61,604)
61,604
Total expenditure
Net income/(expenditure)
Net movement in funds
55,239)
55,239
4,063
7,500
11,563
(11,864)
4,063
7,500
11,563
(11,864)
Reconciliation of funds
Total funds brought forward
Total funds Carried forward 14
287,765
300
288,065
299,628
299,929
291,828
7,800
288,065
All of the charity's activities derive from continuing operations during the above periods.
The funds breakdown for 2023 is shown in note 14.
nte
The notes on pages 9 to 16 fomi ??[ part of these financial statements.
ag

Sunningmead Community Association
(Registratlon number: 1070269)
Balance Sheet as at 31 May 2024
2024
2023
Note
Flxed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
278,532
279,809
5,517
18,590
24,107
75
10,679
10,754
Credltors: Amounts falllng due wlthln one year
Net current assets
12
3,011)
(2,498
21,096
8.256
Net assets
299,628
288,065
Funds of the charity:
Restricted income funds
Restricted funds
7,800
300
Unrestrlcted Income funds
Unrestricted funds
291,828
287,765
Totsl funds
14
299,628
288.065
The financial ststements on pages 7 to 16 were approved by the trustees. and authorised for issue on
L*-.. and signed on their behalf by:
M.¢k. I
M Rattenberry
Chairman and trustee
nte
The notes on pages 9 to 16 form ay è9￿1 part of these financial statements.
ag

Sunningmead Communlty Association
Notes to the Financial Statements for the Year Ended 31 May 2024
l Accounting pollcles
General Infomatlon
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. the address of the principal office is Sunningmead Community Centre. Lazenby
Road, Wilcombe, Tiverton, EX16 4AL.
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities
Statement of Recommended Practice issued in October 2019, the Financial Reportin9 Standard
applicable in the United Kingdom and Republic of I￿land (FRS 102) and the Charities Act 2011.
Basis of preparation
Sunningmead Community Association meets the definition of a public benefit entty under FRS 102.
The accounts (financial statements) have been prepared under the historical cost convention wilh
items recognised at C05t or transaction value unless otheplvise stated in the relevant note{s) to these
accounts.
Going concern
The trustees consider that there 8re no material uncertainties about the charitys ability to continue as
a going concem.
Judgements
The preparation of the financial statements requires management to make judgements that affect the
amounts reported. There were however no significant judgements to disclose during the year.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a
general nature is recognised when the charity has enlitlement to the income. it is probable that the
income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the
amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where perfo￿￿an￿ conditions are attached to the grant and are yet to be
met, the income is recognised as a liabilty and included on the balan￿ sheet as deferred income to
be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of reSoUr￿s, with central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Page 9

Sunningmead Community Association
Notes to the Financial Statements for the Year Ended 31 May 2024 (continued)
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for it5 beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charitls compliance with constitutional and statutory
requirements, including audit, strategic management and trustee5 meetings and reimbursed
expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets are initially recorded at cost. less any subsequent accumulated depreciation
and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Asset class
Fixtures & f￿ingS
Depreciatlon method and rate
10 /0 reducing balance
Since the Freehold property value is
believed to exceed cost, rt is not
considered necessary to depreciate
Freehold property
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-tem highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the
trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes. the
use ofwhich is restricted to that area or purpose.
Page 10

Sunningmead Community Association
Notes to the Financlal Statements for the Year Ended 31 May 2024 (continued)
Pensions and other post retlrement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which
fixed contributions are paid into a pension fund and the charty has no legal or constructive obl￿atIon
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments exceed the contribution due for service. the excess is
recognised as a prepayment.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equty instrument is any contract that evidences a residual interest in
the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction
costs). except for those financial assets classified as at fair value through profrt or loss. which are
initially measured at fair value (which is nomally the transaction price excluding transaction costs),
unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing
transaction, the financial asset or fin8ncial liabiliiy is measured at the present value of the future
payments discounted at a market rate of interest for a simil8r debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only
when there exists a legally enforceable right to set off the recognised amounts and the charity intends
erther to settle on a net basis, or to realise the asset and settle the liabilty simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows
from the financial asset expire or are settled, b) the charity transfers to another party substantially all
of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained
some, but not all, significant risks and rewards of ownership, has transferred control of the asset to
another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged,
Can￿lled or expires.
Page11

Sunningmead Community Association
Notes to the Financial Statements for the Year Ended 31 May 2024 (continued)
2 Income from donations and legacies
Unrestrlcted
funds
General
Restrlcted
funds
Total
2024
Total
2023
Donations and legacies;
Donations
Grants, including capital grants-
Action for Children
720
7,500
8,220
821
500
720
7,500
8,220
1,321
3 Income from charitable activities
Unrestrlcted
funds
General
Total
2024
Total
2023
Fundraising activities
362
362
15
4 Income from other trading activities
Unrestricted
funds
General
Total
2024
Total
2023
Trading income"
Room hire
Equipment hire
Bingo
Bar income
Membership subscriptions
(Xher income
46,071
1,510
5.352
4,739
521
27
46,071
1,510
5,352
4,739
521
27
37.728
2,026
6,506
1,438
679
27
58,220
58,220
48,404
5 Expenditure on charitable actlvltles
Unrestricted
funds
General
Total
2024
Total
2023
Support costs
Activities undertaken directly
52,811
2,428
55,239
52,811
2,428
55,239
52,972
8,632
61,604
Page 12

Sunningmead Community Association
Notes to the Financial Statemants for the Year Ended 31 May 2024 (continued)
6 Analysis of governance and support costs
Support costs
Unrestricted
funds
General
Total
2024
Total
2023
Staff costs
Governance costs
Communications and IT
Premises
General office
20,281
2,327
1,841
25,031
3,331
20,281
2,327
1,841
25,031
3,331
17.909
2,203
1,033
27,163
4,864
52,811
52,811
52,972
7 Net incomingloutgolng resources
Net incomingl(outgoing) resources for the year include-
2024
2023
Depreciation of fixed assets
1,437
1,579
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity
during the year (2023: Nil).
9 Stsff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
19,602
494
185
17,909
20,281
17,909
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year was as follows..
2024
2023
No
Monthly averaged number of employees
No employee received emoluments of more than £60,000 during the year (2023: Nil).
Page 13

Sunningmead Community Association
Notes to the Financial Statements for the Year Ended 31 May 2024 {continued)
10 Independent examlner's remuneration
2024
2023
Fees payable to the independent examiner for.
Independent examination of the financial statements
1,398
1,300
11 Tangible fixed assets
Furniture
and
equipment
Land and
buildings
Total
Cost
At 1 June 2023
Additions
265,602
29,596
160
295,198
160
At 31 May 2024
265,602
29,756
295,358
Depreclatlon
At 1 June 2023
Charge for the year
15,389
1,437
15,389
1,437
At 31 Msy 2024
16,826
16,826
Net book value
At 31 May 2024
At 31 May 2023
265,602
12,930
278,532
265,602
14,207
279,809
12 Credltors: amounts falling due within one year
2024
2023
Trade creditors
Other creditors
Accruals
704
565
1,742
950
1,548
2,498
3,011
13 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension Cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £185 (2023- £Nil)-
Page 14

Sunningmead Communlty Association
Notes to the Financial Statements for tha Year Ended 31 May 2024 (continued)
14 Funds
Balance at 1
June 2023
Incomlng
resources
Resources
Balance at
expended 31 May 2024
Unrestricted funds
General Funds
Building Reserve
Totsl unrestrlcted funds
40,145
247,620
59,302
(55,239)
44,208
247,620
287,765
59,302
(55.239
291,828
Restricted funds
Queens Jubilee
Roof Fund
300
300
7,500
7,800
7,500
7,500
300
Total funds
288,065
66.802
(55,239
299,628
Balance at 1
June 2022
Incomlng
resources
Resources
Balance at
expended 31 May 2023
Unrestricted funds
General Funds
Building Reserve
Total unrestricted funds
47,319
247,620
49,740
{56,914)
40,145
247,620
294,939
49,740
(56,914)
287,765
Restricted fund8
Queens Jubilee
4,990
4,690)
300
Total funds
299,929
49,740
{61,604)
288,065
The specific purposes for which the funds are to be applied are as follows..
The Queen's Jubilee fund was for a grant that was received in order to host a series of events in the
run up to the Platinum Jubilee including a Funday for the Community.
The monies received for the Roof Fund are to be spent on roof repairs at the Sunningmead
Community Association.
Page 15

Sunningmead Community Association
Notes to the Financial Ststements for the Year Ended 31 May 20241continued)
15 Analysls of net assets between funds
Unrestrictsd
funds
General
Total funds
at 31 May
2024
Restricted
funds
Tangible fixed assets
Current Sssets
Current liabilities
278,532
16,307
3,011
278,532
24,107
3,011)
299,628
7,800
Totsl net assets
291,828
7,800
Unrestricted
funds
General
Total funds
at 31 May
2023
Restrlcted
funds
Tangible fixed assets
Current assets
Current liabilities
279,809
10,454
{2,498
287,765
279.809
10.754
2,498)
288.065
300
Total net assets
300
16 Related party transactions
There vrfere no related party transactions in the year (2023.. Nil).
Page 16