**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 COm￿nY 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$k)￿SibilItIeS ftx Complwry with the requirements of the Act with respect to accountlng records and for the preperatk)n of accoun cl The accounts have been prepared in accordance with the special Provis￿n$ 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: - Education - Health and wellbeing - 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 admIn￿tratIOn1f4naft¢es￿ppOrt Costs. malnten•*ce and rtfUTb￿hrnent0f the buildin8oDd any emefEencles thar may arlsefmm to time. 51¥l•m•ntalE￿mp￿0kn Foi the period ending 30 November2024. thetomwny wa5 erflled to exemKth)n from under s￿l0n 477 of the Compan*s Att ielattngto small compan￿. M•tt•n P•rt4lnln8 i• Acl 2006 For the year Èndtng 30 November 2024. the com￿l￿v wa5 entlttedto eXempl￿n from audit undpr serth)n 447 olthe Companles Act 2W6. The member5 have not required the iompanyto obtair¢ an a￿j1[ Sn acfordante with s￿110￿ 476 01 the Compafties Act 2LMJ6. The dirertors atknowlpd8etheir resporots.lrty foi cofflth"n8 Withlhe requlrementsol theAIt with re5pert to accounting r￿ordS 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 - examine the accounts (under section 145 of the 2011 Act), - follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and - 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: 1. respect, the trustees have not met the requirements of the Act; - or 2. 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: