DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 Charity No: 1101528 Company Re8iStration No: 04862523
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 31 JANUARY 2024 CONTENTS PAGE General information Trustees, Annual Report Responsibilities of the Trustees Independent Examiner's report to the members Statement of Financial Activities Balance Sheet Notes to the financial statements 8-13
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED GENERAL INFORMATION Registered charity name Deddington Windmill Community Centre Limited Charity number 1101528 Company registration number 04862523 Principal & registered office address The Windmill Centre Hempton Road Deddington Oxon OX15 OQH Trustees R B Broadbent M J Hovard J M Liebrecht BA LIM D McGovern Independent examiner J Dovey Dovey Accountancy Services Limited Heyford Park House Heyford Park Upper Heyford Bicester Oxfordshire OX25 5HD Bankers Barclays Bank PLC
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED TRUSTEES, ANNUAL REPORT YEAR ENDED 31 JANUARY 2024 The trustees, who are also the directors for the purposes of company law (referred to as trustees throughout), present their report and the unaudited financial statements of the company (referred to as the Charity throughout) forthe year ended 31 January 2024. REFERENCE AND ADMINISTRATIVE DETAILS Reference and administrative details are shown in the schedule of general information on page 2 of the financial statements. The financial statements comply with current Statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. THE TRUSTEES The trustees who served the charity during the year are shown on page 2. PUBLIC BENEFIT The Windmill Community Centre provides, for the public benefit, facilities for: Sport- including Football, Cricket, Tennis and Badminton Clubs- including Brownies, Cubs, Scouts, Guides and Babies and Toddlers. Societies and other groups- including Deddington Player5, Pllates, dance to health, dog training classes, pre- school activity classes and Senior Citizens group. EV charging points. Local social functions such as children's parties, family get togethers, birthday celebrations. The Trustees have complied wlth the duty in Section 4 of the 2006 Act to have due regard to guidance published by the Commi55ion. RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also the directors of Deddington Windmill Community Centre Limltedl for the purposes of Company Law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and regulations. Company Law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. 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 charitable company and the income and expenditu of the charitable company for that year.
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED In preparing these financial statements. the trustees are required to- select suitable accounting policies and apply them consistently. observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent. state 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 concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable companls transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. INDEPENDENT EXAMINATION John Dovey of Dovey Accountancy seices Limited will be considered for re-appointment at the next trustees, meeting as independent examiner for the ensuing year. Signed o ehalf of the trustees
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED FOR THE YEAR ENDED 31 JANUARY 2024 I report on the accounts of the Charity for the year ended 31 January 2024, which are set out in pa8es 6-13. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees (who are also the directors of Deddington Windmill Community Centre Limited) for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not requlred for this year under section 144{2) of the Charities Act 20111the 2011 Act) and that an independent examination 15 needed Having satisfied myself that the company is not subject to audit under company law and is eligible for independent examination it is my responsibility to: examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the general Directions given by the Charity Commission under section 145{51(bl of the 2011 Act; and to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the General Directions given by the Charity Commlssion. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and the seeking of explanations from you as trustees concernin8 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is expressed as to whether the accounts present a 'true and fair view and the report is limited to those matters set out in the statement below. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attention: (11 which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006; and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 386 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the counts to be reached. Mrj Dovey
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 JANUARY 2024 STATEMENT OF FINANCIAL AcfiviTIES YEAR ENDED 31 JANUARY 2024 Total 2024 Total 2023 Notes Income from". Donations Charitable activities Investments 926 37,688 229 4,025 40,157 47 Total income 38,844 44,229 Expendfture on: Charitable activities Governance 46,999 1,320 48,319 62,500 1,284 63,784 Total expendlture Net (expenditure) / Income Net movement In funds 19,4751 19,475 {19,5551 119,5551 Reconcillation of funds: Total funds brought forwards Total funds carried forward 31,091 21.616 50,646 31,091 The Statement of Financial Activities includes all gains and losses in the year and therefore a Statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 8 to 13 form part of these financial statements,
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED BALANCE SHEET AS AT 31 JANUARY 2024 2024 2023 Notes FIXED ASSErs Tangible Assets 2,122 2.443 CURRENT ASSErs Debtors Cash at bank io 4.643 18,376 6,875 30,761 23,019 37,636 CREDITORS: Amounts falling due within one year li 3,526 8,988 NET CURRENT ASSETS 19,493 28,648 NET ASSETS 21,616 31,091 FUNDS INCOME FUNDS Unrestricted Income funds 12 21,616 31,091 TOTAL INCOME FUNDS 21,616 31,091 For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Trustees responsibilities: The member5 have not required the company to obtain an audit of it5 accounts for the year in question in accordance with section 476; and The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These on ina cial statements were approved by the members of the committee and authorised for issue +and are signed on their behalf by: R Broadbent Trustee
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2024 I. COMPANY STATUS Deddington Windmill Community Centre is a company limited by guarantee. The liability of each member is limited to £10 on a winding up of the company. 2. ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared underthe historical cost convention. The financial statements have been prepared in accordance with the Charities Act 2011 and in accordance with the Statement of Recommended Practice ISORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 as amended by the early adoption of Update Bulletin I published on 2nd February 2016 reflecting amendments to FRSIO2, The Centre constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Centre's ability to continue as a going concern. Cash flow statement The trustees have taken advantage of the exemption in Financial Reporting Standard No l {revisedl from including a cash flow statement in the financial statement5 on the grounds that the company is small. Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Incoming resources All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income is received by way of grants donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Fixed assets Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £500 are not capitalised. Depreciation Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows- Office equipment- 25¥0 Straight line Computer equipment- 25% straight line
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED NOTESTO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024 Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure represents amounts invoiced, including value added tax. Taxation The Charity is exempt from corporation tax on its charitable activities.
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024 3 Donations & grants Total Fund5 Total Funds 2024 2023 Donations & grants 926 4,025 4 Charltable actlvltles Total Funds Total Fund5 2024 2023 Lettings Club rents All weather court Other Income 24,785 2,720 8,024 2,159 37,688 25.220 2,720 8.796 3,421 40,157 5 Investment income Total Funds Total Funds 2024 2023 Bank interest receivable 229 47 io
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024 6 Expendlture on charltable actlvlties Total Funds Total Funds 2024 2023 AdministratSve expenses Salaries and staff costs Ground rent Other premises costs Cost of Club Rents Cost of sundry income Marketlng Repairs and maintenance Insurance Gas Electricity Water rates Equipment purchases Kashflow subscription Llcences Telephone and internet Computer Sundries 10.735 11,228 3,963 1,020 99 460 2,955 1,020 1,014 1,078 8,704 1,754 1,884 1.984 1,080 22,591 294 560 474 13,213 1,774 1,950 2,444 973 654 324 789 523 390 489 3,248 Subscriptions 200 178 Charitable donation5 5.000 Depreciation and Amortisatlon: Depreclation of equipment Total charitable activities 1,998 2,453 46,999 62,500 7 Governan costs Total 2024 Total 2023 Independent Examination fee 1,320 1.320 1,284 1,284 li
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024 8 Staff costs and emoluments 2024 2023 Wages 10,735 10,735 11,228 11,228 9 Fixed Asset5 Fixture5 and Fittlngs Equipment Total Cost At l February 2023 Additlons At 31 January 2024 3,173 1,678 4,851 6,854 10,027 1,678 11,705 6,854 Depreclatlon At l February 2023 Charge for the year At 31January 2024 2,379 863 3,242 5,206 1,135 6,341 1,998 9,583 Net Book Value At 31 January 2024 At 31 January 2023 1,608 514 2,122 2,442 794 1,648 10 Debtors 2024 2023 Other debtors Prepayments 2,481 2,162 4,643 4,739 2,136 6,875 11 Credltors 2024 2023 Other creditors (incl. deposits for keys) PAYE Income received in advance Accru31s 1,448 80 5.790 84 1,996 3,526 3.114 8,988 12
DEDDINGTON WINDMILL COMMUNITY CENTRE LIMITED NOTESTO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024 12 Income funds Income Fund Balance as at l February 2023 Incoming Resources Less: Outgoing resources 31,091 38.844 - 48,319 Balance a5 at 31 January 2024 21,616 13