PENNYMOOR ASSOCIATION TRUST Report of the Trustees for the year ended 31" August 2024 The Trustees present their report with the financial statements of the charity for the year ended 31 August 2024.The trustees have adopted the proisions of Accounting and Repomng by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance wsth the Financial Reporting Standard applicable in the Uk and Republic of Ireland,FRS102,effective I"January 2015. st OBJECTIVES AND ACTIVITIES Objects arid aims The charity was formed to; Promote the benefit of the inhabitants of Stoneydelph and surrounding areas,without the 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 facilities in the interests of social welfare for recreation and leisure-time occupation,with the object of improving the conditions of life for the said inhabitants. Establish ,or secure the establishment of ,a community centre,and to maintairi aiid manage the same,whether alone,or in co-operation with any local authority or other person or body,in furtherance of these objects/ Promote other such charitable purposes,as may from time to time be determined. Public benefit Iii setting objectives and Planning activities,the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.
PENNYMOOR ASSOCIATION TRUST Notes to the financial statements-cont for the year ended 31" August 2024 2.INCOMING RESOURCES FROM CHARITABLE ACTIVITIES 2024 2023 Fundraising Rental Income 17 261 17 261 13 938 13 938 3. GRANTS AND DONATIONS Other grants and donations 4.CHARITABLE ACTIVITIES COSTS Direct charitable expenditure 5.SUPPORT COSTS Fixed Assets Depreciation Management Governance Costs Total EXPENDITURE 180 17 124 900 18 204 Other Resources ex 2024 ended 2023 Net income/ (expenditure) 943 3493 Unidentified Cash Payments Direct charitable expenditure Bingo Expenses Resources Light and Heat Water Rates Hygiene and safety Rent Repairs and Maintenance Hire of Equipment Insurance Printing,Postage and stationery Telephone and internet Sundry Expenses Accountancy Depreciation Total Resources Expended 2,780 3,269 2,191 3,709 3,514 485 1,489 3,000 317 1,620 868 88 1,323 106 500 211 17 431 2,202 40 1,258 2,000 780 1,242 689 1,470 1,394 900 180 18 204 6.TRLiSTEES REMUNERATION AND BENEFITS During the year ended 31 August 2024,there were no trustee expenses-2023 nil.
PENNYMOOR ASSOCIATION TRUST Notes to the financial statements-cont for the year ended 31" August 2024 /.TANGIBLE FIXED ASSETS Total COST As at I" September 2023 1,410 Additions As at 31" August 2024 1,410 DEPRECIATION As at I" September 2023 211 Charge for the year 180 As at 31" August 2024 391 NET BOOK VALUES As at 31" August 2024 1,019 As at 31" August 2023 1,199