**Registered number: 4413212 Charity number: 1093850**
## **ASHENGROUND COMMUNITY CENTRE**
**(A company limited by guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**ASHENGROUND COMMUNITY CENTRE**
## **FOR THE YEAR ENDED 30 APRIL 2024**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the company, its Trustees and advisers**||
||1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6|
|**Statement of financial activities**|7|
|**Balance sheet**|8 - 9|
|**Notes to the financial statements**|10 - 25|
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2024**
## **Trustees**
R Goddard, Chair U Glass, Trustee B Hinton, Trustee Reverend M Jones, Trustee Dr A G Kent, Trustee K Martin, Trustee L Moss, Trustee (resigned 12 January 2024) M Stanton, Trustee L S Wickremaratchi Cllr, Trustee J Whitehead, Trustee (appointed 12 January 2024)
**Company registered number** 4413212
**Charity registered number** 1093850
**Registered office** Southdown Close Haywards Heath West Sussex RH16 4JR
## **Accountants**
GMBC LLP Chartered Tax Advisers and Accountants Marine House 151 Western Road Haywards Heath West Sussex RH16 3LH **Bankers** Barclays Bank PLC 77 South Road Haywards Heath West Sussex RH16 4LB
## **Solicitors**
Waugh & Co 4 Mill Green Business Estate Mill Green Road Haywards Heath West Sussex RH16 1XQ
Page 1
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **FOR THE YEAR ENDED 30 APRIL 2024**
## **TRUSTEES' REPORT**
The Trustees present their annual report together with the financial statements of the company for the 1 May 2023 to 30 April 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Objectives and activities**
## **a. Policies and objectives**
The objectives of the charity are to provide facilities and services in the interests of social welfare in order to improve the conditions of life of the inhabitants of Haywards Heath, West Sussex and the surrounding area, without distinction of gender, sexual orientation, disability or of political, religious or other opinions.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Achievements and performance**
## **a. Review of activities**
The Centre continues to be a focal point for the community, with varied activities serving a wide range of users. Lettings for the Centre have continued to increase with regular groups continuing their hirings. Occasional bookings and commercial bookings continue to provide a valuable source of income as well as providing services in the heart of the community. Although there is some available space for lettings at the Centre, much of the time it is used to full capacity. This is partially the result of favorable comments from users and many recommending the Centre to other groups, friends, and family and partially due to networking by the Centre Manager and communication tools, such as the website and social media. The Centre publicizes its activities and local events on its noticeboards and website, as well as information regarding support for those with health, financial and social difficulties. It has established links with local councils and voluntary bodies. Whilst the wideranging use of facilities meets many of our original aims, the board remains keen to outreach further to the community.
Trustees worked with the management Committee to organize and hold a successful open day in the summer. The open day is a valuable opportunity for our user groups to engage with visitors and promote their groups. The open day has become an established annual event and the Trustees and management committee are working together to plan for a similar event for 2024.
Page 2
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024**
The reestablishment of our Cinema took place as planned in the autumn of 2023. Our own Cinema equipment has been installed in the Centre, allowing us to show regular screenings for a modest cost. Winter and early Spring showings have proved to be popular with attendances of between 30 -40, an attendance of 20, covers all cost in showing the film, with surplus income being invested in the Centre.
The Centre Café continues to thrive. Thanks to all the volunteers involved, this important part of the Centre activities has a regular group of users and has become a regular meeting point for some.
## **Achievements and performance (continued)**
The work to the Garden was completed and the new pre-school opened in September, take up has been limited, with the provider hoping numbers would increase in the spring term. Although numbers have increased, the threshold of long-term viability has not been reached. Trustees continue to monitor the situation.
The Management Committee carries out its duties in an effective and professional manner. It provides regular reports to the Trustees to enable the Board to meet its responsibilities. As well as overseeing the daily management of the Centre, the Committee closely monitors income and costs. Kevin Martin is Chairman of the Management Committee and continues to involve the Centre users and local community in the work of his committee. Mrs. Sue Neatherway is the Centre Manager, and they ensure that the Chair of the Board is informed of any potential urgent issues and seek his advice if required. The Chairman of the Board also attends the management meetings. Thanks, continue to be due to the Centre Manager for her dedicated work and the help and assistance she provides to the Chairman of the Board. The Chairman of the board also expresses thanks to Kevin for his ongoing support. Thanks, are also expressed to Kevin for his valuable work to bring the Cinema to fruition and for his technical abilities in the use of the Cinema equipment.
A new boiler was installed in October, and plans to carry out internal decoration are being put in place.
## **Financial review**
## **a. Going concern**
The use of the Centre continues to grow and the Trustees are confident of the future viability of the Centre. The Trustees, therefore, continue to adopt the going concern basis of accounting in preparing the annual financial statements.
## **b. Reserves policy**
The reserves policy is to have reserves at a level which represents at least three months overall running costs and designated funds for large scale maintenance costs and replacement of equipment.
## **c. Financial risk management objectives and policies**
Other than the risks covered by the Charity’s insurance policy, the Board of Trustees (the Board) has not identified any other substantial risks. The cash flow risk identified when the Centre first commenced trading is no longer a concern. The Centre Manager maintains consistent scrutiny of income and expenditure and the Board is given the current position in relation to the budget at every meeting. The Management Committee and the Board continue to monitor risk possibilities and take action if any are identified.
Page 3
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **FOR THE YEAR ENDED 30 APRIL 2024**
The company, working with the Management Committee, has continued to review its policies and is satisfied that the policies meet the needs of the Centre, its staff, volunteers and users. Copies of the Centre’s policies are available from the company’s offices.
The Centre ensures that maintenance and testing of equipment is carried out regularly and has contracts in place to ensure that health and safety and duty of care requirements are met to a high standard. The fund for larger scale maintenance continues to increase to enable the Centre to undertake any necessary work in the future.
Page 4
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024**
## **Structure, governance and management**
## **a. Constitution**
Ashenground Community Centre is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
## **b. Methods of appointment or election of Trustees**
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
The number of Trustees shall be at least four and not more than nine. Not more than four shall be appointed by the Church of the Ascension, Haywards Heath (the “Nominated Trustees”) and the remainder (the “Elected Trustees) shall be elected by the membership.
None of the Trustees, who are also directors for company law purposes, held any beneficial interest in the company at any time.
## **c. Organisational structure and decision-making policies**
The Management Committee (two of whose members have to be Trustees) meets regularly and is responsible for the operations of the Centre. For the Centre Operations there are three employees - the Centre Manager (Mrs Sue Neatherway), the Caretaker and the Board Minutes Secretary.
The Management Committee carries out its duties in an effective and professional manner. It provides regular reports to the Trustees to enable the Board to meet its responsibilities. As well as overseeing the daily management of the Centre, the Committee closely monitors income and costs. Kevin Martin is Chairman of the Management Committee and continues to involve the Centre users and local community in the work of his committee. Mrs. Sue Neatherway is the Centre Manager, and they ensure that the Chair of the Board is informed of any potential urgent issues and seek his advice if required. The Chairman of the Board also attends the management meetings. Thanks, continue to be due to the Centre Manager for her dedicated work and the help and assistance she provides to the Chairman of the Board. The Chairman of board also expresses thanks to Kevin for on-going support.
## **d. Policies adopted for the induction and training of Trustees**
The charity has been fortunate to have attracted a high standard of Trustee with a wide range of skills from other sectors and most of whom have had experience of being a Trustee of other charities. A briefing is provided to new trustees. They are also provided with a copy of the Memorandum and Articles of Association, previous minutes and the annual report and accounts.
## **Plans for future periods**
The financial targets are being met. The Board continues to concentrate on three areas - Business Finance, Capital Expenditure and Development – with the aim of further improving the facilities and services offered whilst ensuring that finances remain sound and can meet any potential increased expenditure.
Page 5
**ASHENGROUND COMMUNITY CENTRE (A company limited by guarantee)**
Trustees continue to monitor the viability of the Pre-School, acknowledging that long term viability is difficult for all commercially operated ventures in a setting such as ours.
.
Work has continued in planning for replacement of the aging garden sheds, with all options being considered. A
**Plans for future periods (continued)** working group of Trustees have been
tasked to work on this project. Environmental projects including Solar power
generation are also being considered.
## **Members' liability**
The Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up.
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its income and expenditure, 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 of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. 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 irregularities.
Approved by order of the members of the board of Trustees on and signed on their 9 January 2025 behalf by
## R Goddard
## **R Goddard**
(Chair of Trustees)
## **INDEPENDENT EXAMINER'S REPORT**
## **FOR THE YEAR ENDED 30 APRIL 2024**
Page 6
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024**
## **Independent examiner's report to the Trustees of Ashenground Community Centre ('the company')**
I report to the charity Trustees on my examination of the accounts of the company for the year ended 30 April 2024.
## **Responsibilities and basis of report**
As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
9 January 2025
Signed:Dated: Graham Hole
## **GMBC LLP**
Chartered Tax Advisers and Accountants Marine House 151 Western Road Haywards Heath West Sussex RH16 3LH
Page 7
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 APRIL 2024**
|**Income from:**
**Note**
Donations and legacies
3
Other trading activities
4
Investments
5
**Total income**
**Expenditure on:**
Charitable activities
6
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**
The Statement of financial activities includes all|**Unrestricted**
**funds 2024**
**Restricted**
**funds**
**2024**
**Total**
**funds**
**2024**
**£**
**£**
**£**
**7,748**
**11,663**
**19,411**
**44,150**
**-**
**44,150**
**76**
**-**
**76**
~~**46,824**~~
~~**16,92**~~**4**
~~**63,74**~~**8**
**33,563**
**449,171**
**482,734**
**5,150**
**(5,261)**
**(111)**
gains and losses recognised in the year.
**51,9**
**74**
**11,6**
**63**
**63,6**
**37**
**38,7**
**13**
**443,9**
**10**
**482,6**
**23**
**46,82**
**4**
**16,92**
**4**
**63,74**
**8**
**5,15**
**0**
**(5,26**
**1)**
**(11**
**1)**|_Total_
_funds_
_2023_
_£_
_6,123_
_28,658_
_19_
~~_56,7_~~_00_
_504,634_
_(21,900)_
_34,80_
_0_
_482,7_
_34_
_56,70_
_0_
_(21,900_
_)_|
|---|---|---|
The notes on pages 10 to 25 form part of these financial statements.
Page 8
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee) REGISTERED NUMBER: 4413212**
## **BALANCE SHEET AS AT 30 APRIL 2024**
|**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
**Net current assets**
**Total net assets**
**Charity funds**
Restricted funds
15
Unrestricted funds
15|**3,631**
**10,155**
**13,786**
~~**(2,930**~~**)**|**2024**
**£**
**471,767**
**471,767**
**443,910**
**38,713**
**10,85**
~~**6**~~
**482,6**
**23**||_3,297_
_10,386_
_13,683_
~~_(1,95_~~_1)_|_3,297_
_10,386_
_13,683_
~~_(1,95_~~_1)_|_2023_
_£_
_471,002_|
|---|---|---|---|---|---|---|
|||||||_471,002_
_449,171_
_33,563_
_11,73_
~~_2_~~
_482,73_
_4_|
||||||||
||||||||
Page 9
## **ASHENGROUND COMMUNITY CENTRE**
|**(A company limited by guarantee)**
**Total funds**
**REGISTERED NUMBER: 4413212**
**482,6**
**23**|_482,7_
_34_|
|---|---|
## **BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2024**
The company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by:
_________________________________________________
## **R Goddard**
(Chair of Trustees)
The notes on pages 10 to 25 form part of these financial statements.
Page 10
**ASHENGROUND COMMUNITY CENTRE (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
## **1. General information**
Ashenground Community Centre is a private charitable company, limited by guarantee, domiciled in England and Wales registration number 4413212 and charity number 1093850. The resgistered office and principal place of business is Southdown Close, Haywards Heath, West Sussex.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Ashenground Community Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 11
**ASHENGROUND COMMUNITY CENTRE (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
## **2. Accounting policies (continued)**
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases:
|Long-term leasehold property|- 2% 50 years straight line|
|---|---|
|Fixtures and fittings|- 20% 5 years straight line|
|Computer equipment|- 33% 3 years straight line|
## **2.6 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.7 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.8 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Page 12
**ASHENGROUND COMMUNITY CENTRE (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **2. Accounting policies (continued)**
## **2.9 Financial instruments**
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.10 Pensions**
The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
## **2.11 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **3. Income from donations and legacies**
**Unrestricted Restricted Total** _Total_ **funds funds funds** _funds_ **2024 2024 2024** _2023_ **£ £ £** _£_
## **Grants**
Mid Sussex District Council - 10,863 **10,863** Haywards Heath Town Council - 750 **750** _420_
|Costain|1,000
1,00
~~0~~
6,74
~~8~~|-
11,61
~~3~~
5
~~0~~|**1,000**
**12,61**
~~**3**~~
**6,79**
~~**8**~~|_-_
_42_
~~_0_~~
_5,70_
~~_3_~~|
|---|---|---|---|---|
|Page 13
7,74
8||11,66
3|**19,41**
**1**|_6,12_
_3_|
_3_
_0 3_
## **ASHENGROUND COMMUNITY CENTRE (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
## **Subtotal detailed disclosure**
Donations
## **Total 2024**
_Total 2023_
## **4. Income from other trading activities**
## **Income from fundraising**
|||**Unrestricted Total **_Total _**funds**|**Unrestricted Total **_Total _**funds**|**funds**|
|---|---|---|---|---|
|||_funds_**2024 2024**_2023_|||
|||**£**|**£**|_£_|
||Hall hire|42,919|**42,919**|_28,624_|
||Film tickets and raffle income|1,231|**1,231**|_-_|
||Preschool fundraising|-|**-**|_34_|
|**5.**|**Total 2024**
**Investment income**|44,15
0|**44,1**
**50**|_28,6_
_58_|
|||**Unrestricted Total **_Total _**funds**||**funds**|
|||_funds_**2024 2024**_2023_|||
|||**£**|**£**|_£_|
||Interest received|76|**76**|_19_|
**6. Analysis of expenditure on charitable activities**
**Summary by fund type**
**Unrestricted Restricted funds funds Total** _Total_ **2024 2024 2024** _2023_ **£ £ £** _£_
Page 14
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
|Community centre activities
46,824
_Total 2023_
**Summary by expenditure type**
**Staff costs Depreciation**
**2024**
**2024**
**£**
**£**
Community centre activities
24,237
19,232
_Total 2023_
**7.**
**Analysis of expenditure by activities**
**Activities**
**undertaken**
**directly**
**2024**
**£**
Community centre activities
-
_Total 2023_
**Analysis of direct costs**
Staff costs
Training
Administration
**Total 2024**
_41,7_
_55_
_23,3_
_35_
_16,1_
_52_
_(604_
_)_|Community centre activities
46,824
_Total 2023_
**Summary by expenditure type**
**Staff costs Depreciation**
**2024**
**2024**
**£**
**£**
Community centre activities
24,237
19,232
_Total 2023_
**7.**
**Analysis of expenditure by activities**
**Activities**
**undertaken**
**directly**
**2024**
**£**
Community centre activities
-
_Total 2023_
**Analysis of direct costs**
Staff costs
Training
Administration
**Total 2024**
_41,7_
_55_
_23,3_
_35_
_16,1_
_52_
_(604_
_)_|Community centre activities
46,824
_Total 2023_
**Summary by expenditure type**
**Staff costs Depreciation**
**2024**
**2024**
**£**
**£**
Community centre activities
24,237
19,232
_Total 2023_
**7.**
**Analysis of expenditure by activities**
**Activities**
**undertaken**
**directly**
**2024**
**£**
Community centre activities
-
_Total 2023_
**Analysis of direct costs**
Staff costs
Training
Administration
**Total 2024**
_41,7_
_55_
_23,3_
_35_
_16,1_
_52_
_(604_
_)_|16,924
**Other**
**costs 2024**
**£**
20,279
**Support**
**costs**
**2024**
**£**
63,748
**Preschool**
**activity**
**2024**
**£**
-
-
~~-~~
_14,94_
_5_
_17,21_
_3_
_57,30_
_4_
-
_(604_
_)_|16,924
**Other**
**costs 2024**
**£**
20,279
**Support**
**costs**
**2024**
**£**
63,748
**Preschool**
**activity**
**2024**
**£**
-
-
~~-~~
_14,94_
_5_
_17,21_
_3_
_57,30_
_4_
-
_(604_
_)_|**63,748**
**Total**
**2024**
**£**
**63,748**
**Total**
**funds**
**2024**
**£**
**63,748**
**Total**
**funds**
**2024**
**£**
**-**
**-**
~~**-**~~
_56,70_
_0_
_56,70_
_0_
_56,70_
_0_
**-**
_(604_
_)_|_56,700_|
|---|---|---|---|---|---|---|
|||||||_Total_
_2023_
_£_
_56,700_|
|||||||_Total_
_funds_
_2023_
_£_
_56,700_|
|||||||_Total_
_funds_
_2023_
_£_
_104_
_(370)_
~~_(33_~~_8)_
_(604_
_)_|
||_)_||||||
||||||||
||||||||
||||||||
||||||||
Page 15
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
## _Total 2023_
The preschool activity ceased at the end of the prior year.
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Staff costs
Depreciation
Community centre other costs
Communications
Equipment costs
Repairs and maintenance costs
Gardening
Postage and stationery
Utilities
Cleaning
Film & screening exp
Accounting
Legal costs
Property peppercorn rent
Cafe consumables
Council tax
Insurance
Staff training
Garden refurbishment
_Total 2023_
**8.**
**Independent examiner's remuneration**|**Activities**
**2024**
**£**
24,237
19,232
1,257
1,738
299
4,114
315
199
5,235
174
906
1,488
35
-
2,444
4
1,211
-
860
63,74
8
_57,30_
_4_|
**Total**
**funds**
**2024**
**£**
**24,237**
**19,232**
**1,257**
**1,738**
**299**
**4,114**
**315**
**199**
**5,235**
**174**
**906**
**1,488**
**35**
**-**
**2,444**
**4**
**1,211**
**-**
**860**
**2024**
**£**
**63,7**
**48**
_57,30_
_4_|_Total_
_funds_
_2023_
_£_
_23,231_
_16,152_
_1,695_
_1,084_
_25_
_5,340_
_328_
_173_
_3,852_
_174_
_-_
_1,500_
_561_
_3_
_1,889_
_(1)_
_1,149_
_149_
_-_
_2023_
_£_
_57,3_
_04_|
|---|---|---|---|
Page 16
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
Fees payable to the company's independent examiner for the independent examination of the company's annual accounts
**1,320** _1,500_
## **9. Staff costs**
||**2024**|_2023_|
|---|---|---|
||**£**|_£_|
|Wages and salaries|**23,673**|_22,789_|
|Contribution to defined contributions pension scheme|**565**|_546_|
||**24,2**|_23,33_|
||**38**|_5_|
|The average number of persons employed by the company during the year was as follows:|||
||**2024**|_2023_|
||**No.**|_No._|
|Administration|**2**|_2_|
No employee received remuneration amounting to more than £60,000 in either year.
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2023 - £NIL)_ .
During the year ended 30 April 2024, no Trustee expenses have been incurred _(2023 - £NIL)_ .
## **11. Tangible fixed assets**
||**Leasehold**|**Fixtures and**|**Computer**||
|---|---|---|---|---|
||**property**|**fittings**|**equipment**|**Total**|
||**£**|**£**|**£**|**£**|
|**Cost or valuation**|||||
|At 1 May 2023|**676,295**|**32,483**|**1,719**|**710,497**|
|Additions|**-**|**19,997**|**-**|**19,997**|
Page 17
## **ASHENGROUND COMMUNITY CENTRE**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
|At 30 April 2024
**Depreciation**
At 1 May 2023
**208,646**
Charge for the year
**13,526**
Other unallocated
**(1)**
At 30 April 2024
**Net book value**
At 30 April 2024
**454,124**
_At 30 April 2023_
**12.**
**Debtors**
**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income
**13.**
**Creditors: Amounts falling due within one year**
Trade creditors
Other taxation and social security
Pension payable
Accruals and deferred income
**676,2**
~~**95**~~
**222,1**
~~**71**~~
_467,6_
_49_|**29,129**
**1,719**
**5,706**
**-**
**-**
**-**
**17,645**
**-**
**2024**
**£**
**1,664**
**-**
**1,967**
**2024**
**£**
**750**
**155**
**105**
**1,920**
**52,48**
~~**0**~~
**1,71**
~~**9**~~
**34,83**
~~**5**~~
**1,71**
~~**9**~~
_3,35_
_3_
_-_
**3,63**
**1**
**2,93**
**0**|**239,494**
**19,232**
**(1)**
**471,769**
_2023_
_£_
_1,258_
_9_
_2,030_
_2023_
_£_
_250_
_147_
_102_
_1,452_
**730,4**
~~**94**~~
**258,7**
~~**25**~~
_471,00_
_2_
_3,29_
_7_
_1,95_
_1_|
|---|---|---|
Page 18
**ASHENGROUND COMMUNITY CENTRE**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
## **14. Financial instruments**
|**Financial assets**
Financial assets measured at amortised cost
**Financial liabilities**
Financial liabilities measured at amortised cost|**2024**
**£**
**10,155**
**2024**
**£**
**(2,938)**|_2023_
_£_
_11,652_
_2023_
_£_
_(1,702)_|
|---|---|---|
Financial assets measured at amortised cost comprise cash at bank and in hand and trade debtors.
Financial liabilities measured at amortised cost comprise trade creditors and accruals.
## **15. Statement of funds**
## **Statement of funds - current year**
|**Statement of funds - current year**|||||
|---|---|---|---|---|
|**Unrestricted funds**
**Designated funds**
Equipment fund
Cafe project
Cafe project conservatory
Garden refurbishment
**General funds**
General Fund
**Total Unrestricted funds**|**Balance at 1**
**May 2023**
**£**
**2,025**
**835**
**27,676**
**540**
**2,487**
**33,563**
**31,07**
~~**6**~~|**Income**
**£**
**-**
**-**
**-**
**320**
**51,654**
**32**
~~**0**~~|**Expenditure**
**£**
**(299)**
**(835)**
**(629)**
**(860)**
**(44,201)**
**(46,824)**
**(2,62**
~~**3)**~~|**Balance at**
**30**
**April**
**2024**
**£**
**1,726**
**-**
**27,047**
**-**
**9,940**
**28,77**
~~**3**~~|
|||**51,974**||**38,713**|
Page 19
**(A company limited by guarantee)**
## **ASHENGROUND COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
|**Restricted funds**
Building fund
Cafe project
Equipment fund
Cafe conservatory door
Floor cleaning machine
AV Equipment
HH Town Council-Blinds
**Total of funds**
**15.**
**Statement of funds (continued)**
**Statement of funds - prior year**
**Unrestricted funds**
**Designated funds**
Equipment fund
Cafe project
Cafe project conservatory
Garden refurbishment
**General funds**
General Fund
**Total Unrestricted funds**|**438,174**
**9,051**
**247**
**696**
**1,003**
**-**
**-**
**482,734**
_Balance at_
_1 May_
_2022 £_
_1,190_
_1,670_
_28,305_
_-_
_9,771_
_40,936_
**449,1**
~~**71**~~
_31,16_
~~_5_~~|**-**
**-**
**-**
**-**
**-**
**10,913**
**750**
**63,637**
_Income_
_£_
_860_
_-_
_-_
_540_
_32,980_
_34,380_
**11,66**
~~**3**~~
_1,40_
~~_0_~~||**(12,857)**
**425,317**
**(40)**
**9,011**
**(111)**
**136**
**(348)**
**348**
**(251)**
**752**
**(2,567)**
**8,346**
**(750)**
**-**
**(63,748)**
**482,623**
_Balance at_
_Expenditure 30 April 2023_
_£_
_£_
_(25)_
_2,025_
_(835)_
_835_
_(629)_
_27,676_
_-_
_540_
_(40,264)_
_2,487_
_(41,753)_
_33,563_
**(16,92**
~~**4)**~~
**443,9**
~~**10**~~
_(1,489_
~~_)_~~
_31,07_
~~_6_~~|**425,317**
**9,011**
**136**
**348**
**752**
**8,346**
**-**
**482,623**
**443,9**
~~**10**~~|
|---|---|---|---|---|---|
|||||||
|||_Income_
_£_
_860_
_-_
_-_
_540_
_32,980_
_1,40_
~~_0_~~||||
|||_34,380_|||_33,563_|
## **Restricted funds**
Page 20
**ASHENGROUND COMMUNITY CENTRE**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
|Building fund
Cafe project
Equipment fund
Cafe conservatory door
Laptop
Floor cleaning machine
Cost of living expenses
**Aim and use of funds**
Designated funds:|_451,031_
_-_
_9,528_
_-_
_672_
_-_
_1,044_
_-_
_168_
_-_
_1,253_
_-_
_-_
_420_
_463,69_
~~_6_~~
_42_
~~_0_~~|_(12,857)_
_438,174_
_(477)_
_9,051_
_(425)_
_247_
_(348)_
_696_
_(168)_
_-_
_(250)_
_1,003_
_(420)_
_-_
_(14,945_
~~_)_~~
_449,17_
~~_1_~~|
|---|---|---|
The equipment designated fund was set up in a previous year for the purchase of equipment for the Centre.
The cafe project fund was established in a previous year. The balance on the fund relates to future depreciation against equipment purchases made in prior years.
The cafe project conservatory designated fund relates to the cost of new conservatory. The cost of the conservatory has been capitalised and the depreciaton expense has been applied against the fund.
The garden refurbishment designated fund was set up with donations set aside by the Trustees for this purpose.
Restricted funds:
In a previous year the building fund was set up with donations and grants restricted for the acquisition and building of the Centre. The building was capitalised and annual depreciation is charged against this fund.
The cafe project restricted fund was set up in the previous year for use against cafe related costs. The cost of improvements and equipment have been capitalised and annual depreciation is charged against this fund.
The equipment fund relates to the purchase of chairs and tables and garden post protectors. The purchases have been capitalised and annual depreciation has been charged against the fund.
The cafe conservatory door and laptop funds were set up with grants received during a previous year from Haywards Heath Town Council. The cost of these items has been capitalised and the depreciation expense applied against the fund.
The floor cleaning machine fund was set up last year with a grant from Haywards Heath Town Council. The cost of the floor cleaning machine has been capitalised and annual depreciation is charged against this fund.
The AV equipment grant fund was set up during the year with a grant from Mid Sussex District Council.
Page 21
**(A company limited by guarantee)**
## **ASHENGROUND COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
## **16. Summary of funds**
## **Summary of funds - current year**
|||||||**Balance at**|
|---|---|---|---|---|---|---|
|||**Balance at**|**1**|||**30 April**|
|||**May 2023**||**Income**|**Expenditure**|**2024**|
||||**£**|**£**|**£**|**£**|
||Designated funds|**31,076**||**320**|**(2,623)**|**28,773**|
||General funds|**2,487**||**51,654**|**(44,201)**|**9,940**|
||Restricted funds|**449,171**||**11,663**|**(16,924)**|**443,910**|
|||**482,7**||**63,63**|**(63,74**|**482,6**|
|||**34**||**7**|**8)**|**23**|
||**Summary of funds - prior year**||||||
|||_Balance_|_at_|||_Balance at_|
|||_1 May 2022_||_Income_|_Expenditure 30_|_April 2023_|
||||_£_|_£_|_£_|_£_|
||Designated funds|_31,165_||_1,400_|_(1,489)_|_31,076_|
||General funds|_9,771_||_32,980_|_(40,264)_|_2,487_|
||Restricted funds|_463,696_||_420_|_(14,945)_|_449,171_|
|||_504,63_||_34,80_|_(56,698_|_482,73_|
|**17.**|**Analysis of net assets between funds**|_2_||_0_|_)_|_4_|
||**Analysis of net assets between funds - current period**||||||
|||||**Unrestricted**|**Restricted**|**Total**|
|||||**funds 2024**|**funds**|**funds**|
||||||**2024**|**2024**|
|||||**£**|**£**|**£**|
||Tangible fixed assets|||33,100|438,667|**471,767**|
||Current assets|||8,543|5,243|**13,786**|
||Creditors due within one year|||(2,930)|-|**(2,930)**|
|||||38,7|443,9|**482,6**|
||**Total**|||13|10|**23**|
||**Analysis of net assets between funds - prior period**||||||
|||||_Unrestricted_|_Restricted_|_Total_|
|||||_funds 2023_|_funds_|_funds_|
Page 22
**(A company limited by guarantee)**
## **ASHENGROUND COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**
**18.**
**Pension commitments**|_£_
_28,998_
_6,516_
_(1,951)_
_33,56_
_3_|_2023_
_2023_
_£_
_£_
_442,004_
_471,002_
_7,167_
_13,683_
_-_
_(1,951)_
_449,17_
_1_
_482,73_
_4_|
|---|---|---|
The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £565 (2023 - £546). Contributions totalling £105 (2023 - £102) were payable to the fund at the balance sheet date and are included in creditors.
## **19. Related party transactions**
Gardening services were carried out by John Truran who is the brother of the Centre Manager. The amount paid to John Truran during the year was £290.
## **Signature:** R Goddard (Jan 9, 2025 20:30 GMT)R Goddard
**Email:** richard.goddardhome@btinternet.com
Page 23