William Morris Community Centre Users Association Financial statements for the year to March 2024 William Morris Community Centre Users Association Reference and Administrative Inforniation Trustees (for the current period to March 2024 Ashdiene Greaves Donna McKenzie Maryan Adan Steve Blackett Registered Office William Morris Comlnunity Centre Greenleaf Road Walthamstow London E176QQ Reporting Accountants Cornmunity Accounting Support Project Dahir House 702 High Road Leylon London E l 0,6JP Charity Registration Nos 1081.722 Page I William Morris Community Ceutre Users Association Trustees Report, The Tn￿teeS present their report and accounts for the year to 31, March 2024 Objetts of the Organisation To provide affordable accommodation and resources to voluntary and community groups in the borough at the William Morris Community Centre To provide facilities and resource% for the encouragement of social integtxtion of the local community and the inhabitants of the London Borough of Waltham Forest in particular the residents of the Hoe street local ward and William Morris ward Current year's financial review The Charity showed excess expenditur¢ over income of £15,508 compared to th¢ previous year surplus of £7,551 This is as a result of I.BWF's claim for amounL8 they say were outstanding which wcre not accrned in the accounts because of disagreement and uncertainty of the total amount In this current year to March 2025 we have also planned not accrue any amount but will rely on our ability to pay I,B WF what we can afford to pay with th¢ir agreement Despite this and the further issue of the tenancy agreement We remain confident of our ability to pay our debts and to continue to provide th¢ %ervices set out in oiir objectives The Trustees are coiifident that the level of activities in the Centre will contiiiue to grow as there is increased demand for th¢ facilities we provide with the added flexibility of the opening hours of the Centre Review And Future development Uncertainty still exists with regard to the property tenancy lease which has now expired and needs to be renewed The centre is lookin8 forward to a minimum lease term of 5 years We believe planning activities and getting support for our plans will be enhanced if a longer term secured lease can be made available tous Trustees will continue in its drive to improve the utilisation of the centre's facilities and to apply for funding for new and innovative social activities They will continue to look for new mernbers in the Community to join their ranks in managing the Charity. Responsibilities ofthe Trustees The Trustees are required under its constitution to prepare accounts for each financial year which gives a true and fair view of the state of affairs of the organisation and of the net incoming ￿sOUrceS for that period. In preparing those accounts, trustees required -select suitable accounting policies and then apply them consistently -make judgements and estimates that are re&sonable and prudent. and -prepar¢ the accounts on the going concern basis unless it is inappropriate to -presume that the company will continue in business Page 2 | . The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Charities Act 2011 They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other ## The Charity’s benefit to members of the public The charity runs an open inclusive and very flexible community centre access is available for community development and social integration activities This Report is Pty by the Trustees on 3 September and signed on their behalf by Name Mrs aaa Geese Ves (Trustee & Chair ) Date ...3°¢ September 2024......... Page 3 Report of the Independent Examiner to the members of William Iorris Community Celltre Users Association Re: FINAL ACCOUNTS FOR THE YEAR TO THE 31st MARCH 2024 I have examined the a¢¢ounts of William Morris C,ommunity Centre for th¢ year to 31 St March 2024 It is my responsibility to eK4mine the accounts without perforniing an audit and to report to the Management c.ommittee. I have carried out the C￿mination of the accounting records kept by the charity's management committee Respective responsibilities of the Management Committee Members The Management Committee members are responsible for the preparation of the accounts. They are responsible for keeping proper accoilnting records whsch disclose with reasonable accuracy at any time the financial position of the Lharitv and enable them to ensure that the financial statements comply with the ￿gUlationS linder section 43 (7) (b ) of the charities A¢t 2011. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for preventing and detecting errors fraud or other irregularities Independent Examiner's statement. Bas¢d on my examination, no matter has come to my attention which gives me reasonable cause to believe that. in any material respec( the requirements to ensure that { l ) Proper accounting records in accordance with section 130 of the charities Act 2011 and (2) Accounts which agree with the accounting records and comply with accounting requirements have not been met. (3) Or to which in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached Independent Examiner Dated 4 Septemb¢r 2024 CASP 702 High Road Leyton London EIO, 6JP Page 4 Willi&m Morris Community Centre Users Association Statement of Financial Activities for the Year ending 31st March 2024 Charity Nos 1081322 Note Total 2024 Total 2023 Ineoming Resources Grant Fundings for Charitable Activities Incoming Resources from genernted funds Rent Receivable & Hall Hire Income Total Incoming Resources 2,000 48.692 50,692 60,252 60,252 Expendithre Staff Salary Costs Casual Worker ACEA funded costs from Big Lottery Grant Funded Street Party costs LB WF rent & rates arrears not accrued Light & Heating Waste Disposal Repairs & Maintenance building & intruder alarnl Insurance Cleaning & Materials Sundry Expenses Postage / Stationery /Photocopying Telephone & Internet Charges Surveyors Isolicitors Fees Re Lease Renewal Professional Fees Small items of Equipment Depreciation Fixed Assets Total Expenditure F.xcess Income l (Expenses ) Opening Balance BIFwd 0110412023 Closing Balance CIFwd 3110312024 20,363 7.612 980 1,532 19,841 5,041 3,232 910 1,146 1,019 895 734 995 26,670 8,416 3,401 219 3,864 1,677 1,352 863 803 1,733 654 1,007 1,306 190 545 59,699 7,553 17.631 25,184 1.075 480 66,200 -15,508 25,184 9,675 Page 5 ## Wil.iam Morris Community Centre Users Association Balance Sheet as at 31st March 2024 Charity Number 1081322 **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |Year|Year| |notes|2024|2923| |Fixed|Assets| |.| |Building Refurbished|&|Office|Equip|3|200|545| |Current|Assets| |Bank &|Cash|Balance|9,474|25,639| |Current|Liabilities| |Sundry|Creditors|4|-|1,000| |Net|Current|Assets|24,639| |Total|Assets|9.675|35,184| |Fund|Balances| |Funds|Brought|Forward|25,183.66|17,631| |Net|Income|/ Expenses|-15,508.45|7,553| |Total|9,675|25,184| **----- End of picture text -----**
Approved by the Board of Trustees and signed on their behalf ...... **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |Ashdiene|Greave|Donna Mc|Kenzie| |Trustee|(|chair|)|Trustees|(Treasurer)| |sine|A|TD|RRMA...|Signed Ab)|.1V)...0DARE| **----- End of picture text -----**
ae | William Morris Community Centre Users Accociation For P*riod 1st April 2023 to 31st March 2024 Charity Number 1081322 Notes to the Accounts ( l ) Accounting Policies (a) These Financial statements have been prepared under historic cost conventions in accordanc¢ with applicable accounting standards and in compliance with statements of recommended accounting practice. (b) Incoming Resources are the amounts derived from the provision of charitable services and include income generated from activities (b) Where funds are shown as Restricted they are treated as containing conditions subjecting their use to specific purposes imposed by the donors. And balances shown in the accounts represents work outstanding to complete delivery Note 2 Fixed Assets are for use by the charity in meeting its charitable objectives and are capitalised and depreciated. Over their iisefiil lives No depreciation was charged this year Assets are only capitalised if they cost in excess of £250. and the depreciation is calculated to write off the assets over their estimat¢d useful life on a straight line basis Note 3 Building Refiwbished costs l T Equipment &fixture & fittings 4,135 Total 2024 Tangible Fixed Assets Opening value Blforward Additions Totsl Gross Value Cumulative Depreciation BI Forward Charge for cu￿ent year 2024 Total Cumulative Depreciation 10,934 15,069 10,934 10,934 4,135 3,590 345 3.935 15,069 14,524 345 14,869 10,934 Net Book Value 3 1st March 2024 200 200 Year 2024 Note 4 Creditors falling due within l year Note 5 No trustees received payment by way of remuneration and ther¢ were no related paty tran&qctions in the year ended March 2024 Note 6 At the 31 st March 2024 The organisation paid LBWF £ 19,8941 These amounts where shown in the accounts as Contigent liabilities hense the treatment as expenses this year The Organisation will continue to pay these amount at an agreed rate Page 7