Company registration number 05293946 (England and Wales)
CHOPWELL COMMUNITY ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
Chopwell Community Association
(a company limited by guarantee)
Legal and Administrative Information
Company Name Chopwell Community Association Company No. 5293946 Charity No. 1108466 Directors/Trustees Councillor Michael McNestry Lynne Caffrey Mrs Barbara Heslop Registered Address Chopwell Community Centre Derwent Street Chopwell Newcastle Upon Tyne NE17 7HS Structure Chopwell Community Association is a Company limited by guarentee, registered on 23 November 2004 and a registered Charity, registered on 28 April 1997 Independent Examiner Ian Taylor FMAAT Butler & Gee Accountants Limited 22 Bessemer Street Consett DH8 5SS
Chopwell Community Association
Statement of Financial Activities
for the year ended 30 November 2024
| Receipts Grants & Donations Donations & Fundraising Rental Income Sundry Income Total Receipts Payments Staff Costs Travel Costs Rent Telephone & Internet Utilities Sanitary & Cleaning Maintenance & Refurbishment Project Costs & Activities Banner Fund Costs Bowls Group Costs Chopwell In Bloom Costs Partnership Funding Costs LWIG Project Costs Legal & Professional Sundry & General Office Costs Total Payments Surplus / Defecit for the year Transfer between Funds Funds at 1 December 2023 Funds at 30 November 2024 |
Restricted Funds Designated Funds Unrestricted Funds Total Funds Total Funds 2024 2024 2024 2024 2023 £ £ 72,817 19,848 92,665 92,996 2,270 1,047 3,317 3,528 33,753 33,753 26,242 783 5,090 5,873 7,275 |
|---|---|
| 75,870 0 59,738 135,608 130,041 |
|
| 23,028 38,326 61,354 47,348 0 1,825 15,000 15,000 15,000 1,503 1,503 1,605 7,002 2,528 9,530 7,698 2,408 2,408 2,552 9,134 12,347 21,481 46,816 8,867 408 9,275 7,997 2,945 2,945 2,300 840 840 367 2,675 2,675 1,013 153 153 220 4,236 4,236 1,878 2,141 7,756 9,897 4,046 5,690 3,737 9,427 10,002 |
|
| 81,711 0 69,013 150,724 150,667 |
|
| -5,841 0 -9,275 -15,116 -20,626 0 0 0 0 0 52,010 30,000 49,083 131,093 151,719 |
|
| 46,169 30,000 39,808 115,977 131,093 |
Chopwell CommunityAssoclatSon Balanc• Sheet as at 30 November 2024 2024 2023 F5x•d Assets Current Assets Cash at Bank & In HarKI Total Cash 88lancees 115.977 115.977 131,512 131,512 Current L5•bilfties 419 Net Curvent Assets 115.977 131,093 Net Assets at ao No¥emb•r 2023 115.977 1.093 Represented By. Restrlcted Funds Designated Funds Unrestricted Funds 46,169 52,011 30.LIXI 49,083 lJl,093 39,808 115,977 For the year ending 3011112024. the COmnY was entided to expemption from audlt vndei sectlon 477 of the Companies Act 21 relating tt> srnall companie& Directors Re5ponsibilitie5: al The members have not reqvired the company to obtain an audit of its accounts for theyear in questk)n In accordance with sertion 476 of the Companies Act 2CO6. bl The directors acknowledge thelr re$k)SibilItIeS ftx Complwry with the requirements of the Act with respect to accountlng records and for the preperatk)n of accoun cl The accounts have been prepared in accordance with the special Provisn$ of the Companles Act relatlng to srnall tompantes. Posttson_.. CAIA.I.£ i.y..£Sr AJ Prlnt Name.. -702r
Trustees Annual Report
For the year ended 30 November 2024
The trustees present their report and accounts for the year ended 30 November 2024.
Objectives and Activities
To promote, provide and maintain the facilities of the Charity for the benefit of the inhabitants of the area, without distinction of sex, or of political, religious and other opinions by association together the inhabitants, voluntary organisations and other organisation in a common effort to advance education, health and welfare, recreation and leisure time, activities with the object of improving the conditions of life for the said inhabitants; and
To continue to maintain and manage Chopwell Community Centre for the benefit of the area, in co-operation with the local authority and voluntary organisations.
Ensuring our work delivers our aims
We ensure that our work reflects our aims and meets the requirements of our stated purpose by delivering for the widest possible public benefit, as set out in the Charity Commission guidance.
Governance and Structure
As well as being a Community Association we are a company limited by guarantee and a Charity.
As such the Association have both a general Management Committee and members who act as both Trustees and Company Directors.
Each Group using the Community Centre is able to nominate representatives to the Management Committee as is Gateshead Council.
Trustees and Directors are volunteers from the General Committee who meet the qualifications for being both Directors and Trustees.
During the year the Trustees carried out an organisational health Check and decided that, as part of a sustainability plan, the administration of the organisation needed to be strengthened, by the employment of a deputy manager. There is also to be a recruitment drive for new volunteers and new trustees. Plus, extra fundraising efforts to secure long term funding for the Youth Club attached to the Centre.
Business Review and Maintaining our Assets
The Trustees, Directors and Management Committee review the core business of the Association on an annual basis and make decisions regarding: marketing and new markets, fundraising, the maintenance of the fabric of the building, the buying of new assets and the disposal of old assets.
Delivering public benefit
Our work in delivering public benefit can be categorised as follows:
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Education
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Health and wellbeing
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Recreation and leisure time activities
The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by the range of activities that will continue to be delivered at the Centre.
Building developments
Further investments in the building were made during the year including updates to wiring, LED light installation, essential roof maintenance and new flooring.
Financial Review and Reserves Policy
The financial position for the year shows net incoming funds of £135,608 and total outgoing resources of £150,724 with a balance brought forward from the previous year of £131,093 the total funds carried forward are £115,977. The Directors/Trustees consider the financial position of the company to be stable but need reviewing in the coming year.
Risk Management
The Directors are examining the major risks, which the company faces in relation to external factors, governance and management, internal operations and business. They are considering the likelihood and the impact of risks and are reviewing what systems should be in place to control and reduce those risks. The systems are being designed to provide reasonable, but not absolute, assurance against material loss or misstatement of loss.
R•xry•i PoNry It Is the wllty of the compartyto try bwld up Unf[rtedfun¢. whkh are freefeser¥es of thetompony Ide5vxnated funds). to a Ilwel that equatv to apyoxsm&ely 3 fftonihs unrestricied tApendlture. This will pfovide sufficient fund5 to cover rnanayement and admIntratIOn1f4naft¢esppOrt Costs. malnten•ce and rtfUTbhrnent0f the buildin8oDd any emefEencles thar may arlsefmm to time. 51¥l•m•ntalEmp0kn Foi the period ending 30 November2024. thetomwny wa5 erflled to exemKth)n from under sl0n 477 of the Compans Att ielattngto small compan. M•tt•n P•rt4lnln8 i• Acl 2006 For the year Èndtng 30 November 2024. the comlv wa5 entlttedto eXempln from audit undpr serth)n 447 olthe Companles Act 2W6. The member5 have not required the iompanyto obtair¢ an aj1[ Sn acfordante with s110 476 01 the Compafties Act 2LMJ6. The dirertors atknowlpd8etheir resporots.lrty foi cofflth"n8 Withlhe requlrementsol theAIt with re5pert to accounting rordS and foi the preparatkTrft of atcountS. .nn behalf of thetnstee5 Prtnt n&me................-...-.......--.....-......-.-.. 202
INDEPENDENT EXAMINERS REPORT
Report to the Chopwell Community Association trustees of
On accounts For 30 November 2024 Charity no 1106223 the year ended
Respective The trustees of the organisation are responsible for the preparation of Responsibilities of accounts; they consider that an adult is not required for this year under
trustees and examiner section 144(2) of the Charities Act 2011 and that independent examination is needed. It is my responsibility to
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examine the accounts (under section 145 of the 2011 Act),
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follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and
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state whether particular matters have come to my attention.
Basis of independent
Examiner’s statement My examination was carried out in accordance with General Directions
given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiners
Statement In the course of my examination, no matter has come to my attention:
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respect, the trustees have not met the requirements of the Act;
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or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 25/02/2025
Name: Ian Taylor FMAAT
Address: Butler & Gee Accountants 22 Bessemer Street Consett DH8 5SS
Chopwell Community Association Notes to the accounts
1. Basis of accounts
The financial statements have been prepared in accordance with 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 or Ireland (FRS 102) (Effective 1 January 2015) – charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Chopwell Community Association 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 note(s).
Fixed Assets are depreciated over a useful lifeline at the following rates:
Activity Equipment 20% reducing balance
Office equipment 20% reducing balance
2. Trustees and Staff
No trustees were remunerated or received expenses payments
Total Salary Costs (including seasonal staff) £61,354
Average no of staff was 2 (part-time)
3. Costs of financial services
The cost for the independent examination for the financial period will be £540
4. Restricted Funds
Closing Balances of Restricted Funds:
| Restricted Funds losing Balances of Restricted Funds: |
|
|---|---|
| Millenium Banner Fund | 2,335 |
| Bowls Group | 3,720 |
| Chopwell In Bloom | 611 |
| Youth Club | 36,969 |
| Hardship/Crisis Fund | 1,175 |
| Warm Spaces | 1,359 |
| Total | 46,169 |
| Funding | |
| unding received through the year: | |
| GMBC | 39,740 |
| LGA Foundation | 11,500 |
| Ballinger YC | 20,000 |
| Chopwell in Bloom | 879 |
| COOP | 697 |
| Total | 92996 |
5. Funding
Funding received through the year: