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← The Thornton And Allerton Community Association Limited

2024-03-31-accounts

The Thornton & Allerton Community Association Limited

Charity number 1122128

A company limited by guarantee number 06342828

Annual Report and Financial Statements for the year ended 31 March 2024

The Thornton & Allerton Community Association Limited

Annual Report and Financial Statements for the year ended 31 March 2024

Contents Page
Trustees' report 2 to 6
Examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the accounts 10 to 15

Prepared by West Yorkshire Community Accountancy Service CIO

1

The Thornton & Allerton Community Association Limited

Trustees' report for the year ended 31 March 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Nicola Murray Matthew Storey Rosalind Freeman Dominic Sheard Timothy Spencer Mazhar Ellahi Molly Jewitt Amy Woolger Penny Green Carole Roberts Sonam Khan Jane Hiley Christopher Whitby Aamta-Tul Waheed

Co-Chair Co-Chair Chair

Appointed 1 May 2024 Appointed 1 May 2024 Resigned 1 April 2023

Resigned 1 April 2024

Resigned 1 November 2023 Resigned 1 November 2023 Appointed 26 July 2023 Appointed 7 December 2023 Appointed 1 January 2024 Appointed 1 May 2024 Appointed 1 June 2024

Charity number 1122128 Company number 06342828

Registered in England and Wales Registered in England and Wales

Registered and principal address

Bankers

South Square Centre Barclays South Square 1 Churchill Place Thornton London Bradford BD13 3LD E14 5HP

Independent examiner

Rhys North ACA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was incorporated on 14 August 2007. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

2

The Thornton & Allerton Community Association Limited Trustees' report (continued) for the year ended 31 March 2024

Objectives and activities

The charity's objects

To promote any charitable purposes for the benefit of the inhabitants of Thornton and Allerton and neighbourhood without distinction of sex or of political, religious or other opinions by in particular by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and other leisure-time occupation with the object of improving the conditions of life for the said inhabitants.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Achievements and performance

Our 2023/2024 year has been filled with exhibitions, activities, and workshops. Programme highlights included: Artist Lucy Wright took part in a 3-day residency in our local history archive preceding an exhibition of existing works 'Something Invisible and Powerful and Totally Uncontrollable'. Lucy developed a proposal for a project engaging with the archive and local people with water/well sites, and exploring how water is used in tradition and ritual. Lucy performed a singular folk dance alongside performances from Walters Green Morris dancers and Helian folk band.

Our 4[th] Mindful May event took place featuring 11 workshops across the day including yoga, tea blending, sound bath, reflective collage, collective mandala making, felting, gouache workshops, the return of Bring Your Own Vinyl open decks encouraging a wide range of people to take part. 128 people attended the day and afternoon with an increase in families and global majority audiences.

‘Divergent' exhibition of 'Red Brick Artists' 25 artists showing paint and mixed media artworks through OctNov. Artist talk and social saw 40 people attend and learn about methods used in gathering and collaborating by this social and professional network.

‘The Ridings: Bradford Working-class family, Life, Loss & Landscape 1970’s-1990’s’ by Emma ConallyBarklem. Poet and Spoken word artist Emma Connally-Barklem presented her first visual arts exhibition, inspired by her anthology ‘The Ridings’ which is an enduring reckoning with family, self, and grief following the loss of her parents. The exhibition was an ordinary but extraordinary portrait of a biracial Bradford family, their working-class heritage, and the traces they leave behind.

The 5 [th] Year of Thornton Winter Windows took place, featuring over 40 homes and businesses. Artist Rosie McAndrew designed 3 bespoke windows, at South Square, Thornton Community Centre and The Apothecary Gallery. Rosie chose the theme ‘Apricity’ the feeling of sunshine on a winters day. An event to launch the light trail featured the return of our Winter Makers Market, plus live brass bands and mulled wine. The event was part of BD is LiT, a district wide light festival and funded by Bradford Council.

Our exhibition programme continues to be supported by the Arts and Cultural Investment Fund from Bradford Council.

The public workshop programme returned with workshops such as, silk monoprinting, wild landscapes, creative writing, and fused glass enabling an income stream from paid workshops.

A slow cooker workshop led by the Yorkshire Energy Doctor funded by UKSPF focussed on Cost-of-Living support. 35 attendees came to the workshop and Energy Quiz, aimed at myth busting surrounding tips on how to save energy and various schemes to access to support people with cost-of-living increases. Following its success a second workshop was arranged in March 2024 following further funding from Combined Funding from the West Yorkshire Combined Authority & UKSPF, administered through Bradford Council.

3

The Thornton & Allerton Community Association Limited Trustees' report (continued) for the year ended 31 March 2024

Achievements and performance continued

We received funding from National Lottery Community Fund to support our existing Warm and Welcome space delivery, enabling us to offer the community space for free for groups such as knit and natter, art group, baby sessions, collage club and mental health groups. This funding covers some overheads incurred in operating the space and keeping our public bathrooms accessible. We are also open daily as a Warm Space for people to use for co-working, or just a space to drop-in and chat. We received funding from the Community Buildings Grant with Bradford Council.

Developing Governance and Team Changes

Following the resignation of Chair Rosie Freeman in April 2023, existing trustees arranged a rolling interim chair role between themselves, whilst recruitment took place to strengthen and bring new skills to the board of trustees.

Trustees Penny Green and Amy Woolger resigned from the board on 1 November 2023 due to health reasons and Tim Spencer stepped down in March 2024 following a 6 year tenure on the board. We were delighted to be joined by new trustees, Carole Roberts, Sonam Khan and Jane Hiley.

Carole Roberts is a community support delivery manager for Community First North Yorkshire, a third sector support organisation. Sonam Khan is the Head of Programme Management with the Department of Levelling Up at HM Government. Jane Hiley is a Creative Projects Manager for Impressions Gallery in Bradford.

In February 2023, a successful recruitment process saw the organisation bring on two additional trustees, Chris Whitby and Aamta Tul-Waheed, in addition to two co-chairs, Matt Storey and Nicola Murray, who will share the role, beginning on 1 April 2024.

Chris Whitby is Head of Learning at the National Science & Media Museum and has previously held roles with the Science Museum Group in York and Manchester, and as co-chair of the Visitor Studies Group.

Aamta Tul-Waheed is a multi-disciplinary Muslim artist and producer, currently leading the Sufi Music Heritage project with Women Zone. Aamta brings previous experience with Amal charity researching and advocating for Muslim artists and communities.

Matt Storey (incoming co-chair) is principal keeper at Leeds City Museum. Matt worked in roles across the cultural sector in the North East of England developing extensive experience in strategic leadership, audience development, and heritage project management.

Nicola Murray (incoming co-chair) is the founder of Sponge Tree and Kynd, organisations which work with children and young people. Nicola has over 20 years’ experience working in community arts, and previously as a secondary school Art Teacher.

Training and development for board members is planned for our next financial year to build a cohesive board following new recruitments.

In August 2023, we hired Nushin Hussain as our new Programme and Gallery Manager, taking on the programming of the exhibitions, workshops and activities. Nushin joins us from previous roles in Birmingham with Culture Central and IKON gallery.

Cultural Development Fund Project

Planning has taken place for a two-year National Lottery Heritage Fund and Department of Culture, Media and Sport funded project led by Kala Sangam. Beginning 1 April 2024, South Square embarks on a partnership project working with three cultural hubs: South Square, Keighley Creative and Bloomin’ Buds.

The project will work with community groups, co-creating artistic outcomes which will be showcased as part of City of Culture 2025. We have successfully recruited an Arts and Heritage Officer to lead on South Square’s portion of the project, Gemma Bailey. The role is with Kala Sangam and seconded to South Square. We are looking forward to seeing how the projects develop.

4

The Thornton & Allerton Community Association Limited Trustees' report (continued) for the year ended 31 March 2024

Brontë Birthplace Project

TACA was successful in receiving a number of funds in 2022/2023 which had contributed to initial feasibility studies on purchasing and developing the Brontë Birthplace as a new cultural venue.

This year, progress was made on securing the building through the development of a separate Community Benefit Society (Brontë Birthplace Ltd) which is led by the same steering group who had initiated the project. Brontë Birthplace Ltd, took on responsibility for the project from 15 August 2023 and launched a successful Community Shares campaign.

The campaign raised significant funds secured from Bradford 2025 and the Community Ownership Fund (DCMS) in order to purchase the building. TACA transferred the initial crowdfunded amount of £24,429 following communication with donors, to the Brontë Birthplace Ltd, after handing the project over to the community benefit society. The building was later purchased and is now in public ownership.

Financial review

The net expenditure for the year was £50,122, including net income of £2,888 on unrestricted funds and net expenditure of £53,010 on restricted funds, after transfers.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £123,895.

The Board of Trustees has established a policy whereby the charity aims to have unrestricted reserves that would be sufficient to cover six months expenditure, redundancy costs for employed staff and enable the retention of £20,000 as a sinking fund for the building. As at 31 March 2024 this equates to £102,200.

5

The Thornton & Allerton Community Association Limited Trustees' report (continued) for the year ended 31 March 2024

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. 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 accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 12/09/2024

Christopher Whitby (Trustee)

6

The Thornton & Allerton Community Association Limited Independent examiner's report to the trustees of The Thornton & Allerton Community Association Limited

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 8 to 15.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also 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 charitable 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 your charity's accounts as carried out under section 145 of the Charities Act ('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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

Rhys North ACA

13/09/2024

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

7

The Thornton & Allerton Community Association Limited

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2024

Notes
2024
Unrestricted
funds
£
Income from:
Grants and donations
(2)
19,050
Rents and bookings
52,264
Fundraising and other income
750
Gallery, workshop income and sales
9,713
Total income
81,777
Expenditure on:
Salaries NI and pensions
(3)
39,151
Payroll charges
719
Rent, rates and water
-
Light and heat
10,509
Property maintenance, cleaning and repairs
8,190
Advertising, publicity and marketing
577
Events and activities
3,059
Artists fees and commissions
5,309
Insurance
1,247
Independent examiner fee
1,518
Sundries and other office costs
502
Telephone and internet
828
Professional fees and consultancy
801
Building contractors
-
Volunteer expenses and support
503
Licencing and subscriptions
2,684
Project costs
979
Bronte Birthplace crowdfunder
-
Depreciation
2,270
Interest payable
742
Total expenditure
79,588
Net income / (expenditure)
2,189
Transfers between funds
699
Net movement in funds
2,888
Fund balances brought forward
107,817
Fund balances carried forward
(4)
110,705		 2024
Restricted
funds
£
57,542
-
-
-
57,542
16,667
-
1,727
16,653
8,701
312
-
12,617
1,500
-
1,108
-
6,063
1,339
500
-
2,265
24,429
15,972
-
109,853
(52,311)
(699)
(53,010)
153,028
100,018		 2024
Total
funds
£
76,592
52,264
750
9,713
139,319
55,818
719
1,727
27,162
16,891
889
3,059
17,926
2,747
1,518
1,610
828
6,864
1,339
1,003
2,684
3,244
24,429
18,242
742
189,441
(50,122)
-
(50,122)
260,845
210,723		 2023
Total
funds
£
116,861
48,510
1,005
4,402
170,778
63,832
895
2,417
17,890
7,094
1,606
1,760
14,954
3,897
1,512
2,138
840
20,328
15,031
416
876
3,610
-
18,246
990
178,332
(7,554)
-
(7,554)
268,399
260,845

All incoming resources and resources expended derive from continuing activities.

8

The Thornton & Allerton Community Association Limited

Balance sheet

as at 31 March 2024
2024
Unrestricted
£
Fixed assets
Tangible assets
(5)
977
Total fixed assets
977
Current assets
Debtors and prepayments
(6)
1,047
Cash at bank
134,801
Total current assets
135,848
Current liabilities:
amounts falling due within one year
Creditors and accruals
(7)
11,953
Total current liabilities
11,953
Net current assets / (liabilities)
123,895
Total assets less current liabilities
124,872
Creditors: amounts falling due after one year
(8)
14,167
Net assets
110,705
Funds
Unrestricted funds
110,705
Restricted funds
-
Total funds
110,705		 2024
Restricted
£
95,449
95,449
-
4,919
4,919
350
350
4,569
100,018
-
100,018
-
100,018
100,018		 2024
Total
£
96,426
96,426
1,047
139,720
140,767
12,303
12,303
128,464
224,890
14,167
210,723
110,705
100,018
210,723		 2023
Total
£
114,668
114,668
10,101
175,486
185,587
15,243
15,243
170,344
285,012
24,167
260,845
107,817
153,028
260,845

For the year ending 31 March 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) 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 and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 12/09/2024

Christopher Whitby (Trustee)

9

The Thornton & Allerton Community Association Limited

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Alterations to Leasehold Property: over 10 years Office Equipment: over 4 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

10

The Thornton & Allerton Community Association Limited Notes to the accounts continued

for the year ended 31 March 2024

1 Accounting policies continued

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

2 Grants and donations
Affinity Care Partnership
Bradford Metropolitan District Council (BDMC)
National Heritage Lottery Fund
National Lottery Community Fund
School of Social Entrepreneurs
The Architectural Heritage Fund
West Yorkshire Combined Authority (WYCA)
Bradford VCS
Co-operative Society
Bradford Rotary Club
University of Bradford
Other donations
3 Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions		 2024
Unrestricted
funds
£
-
15,000
-
-
3,000
-
-
-
-
-
-
1,050
19,050		 2024
Restricted
funds
£
500
15,738
14,852
18,509
-
3,827
2,632
-
-
-
-
1,484
57,542		 2024
Total
funds
£
500
30,738
14,852
18,509
3,000
3,827
2,632
-
-
-
-
2,534
76,592
2024
£
54,844
3,811
(3,811)
974
55,818		 2023
Total
funds
£
-
36,644
44,726
-
1,000
5,173
-
1,000
1,561
999
1,700
24,058
116,861
2023
£
62,686
4,164
(4,095)
1,077
63,832

The average number of employees during the year was 3.8, being an average of 2 full time equivalent (2023: 4.8, 2.6 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2024 2023
£ £
Costs of the scheme to the charity for the year 974 1,077

11

The Thornton & Allerton Community Association Limited

Notes to the accounts continued

for the year ended 31 March 2024

4 Restricted funds
WYCA Energy
Fit for the Future Project
BMDC Winter Installation
Joan Day
Community Arts Centre
Bronte Birthplace Crowdfunder
Bronte Birthplace
Wellbeing Activities
Bradford Producing Hub
Warm and Welcome Space
BMDC Community Buildings		 Balance b/f
£
-
9,485
-
4,377
111,421
22,945
-
1,000
1,700
2,100
-
153,028		 Incoming
£
2,632
14,852
3,000
-
-
1,484
3,827
500
-
25,247
6,000
57,542		 Outgoing
£
2,632
23,638
3,000
300
15,972
24,429
3,827
1,008
1,700
27,347
6,000
109,853		 Transfers
£
-
(699)
-
-
-
-
-
-
-
-
-
(699)		 Balance c/f
£
-
-
-
4,077
95,449
-
-
492
-
-
-
100,018

Fund name WYCA Energy Fit for the Future Project

BMDC Winter Installation Joan Day Community Arts Centre

Bronte Birthplace Crowdfunder Bronte Birthplace

Wellbeing Activities Bradford Producing Hub Warm and Welcome Space

BMDC Community Buildings

Purpose of restriction

To contribute towards the cost of energy improvements at South Square. To undertake the capital refurbishment of the Grade II listed South Square Centre, including refurbishment of 99 sash windows, the roof and brickwork as well as the introduction of heating, insulation, new electrics, key suiting and fire safety measures. Additionally to provide improved disabled toilet facilities and a new external ramp to improve access. Alongside the capital works there has been a wellbeing, arts and heritage activities programme reaching out to schools, colleges, care homes, local residents and families. The transfer concerns an agreed contribution to the charity's overhead costs.

To support the delivery of a winter window arts installation. Provision of bursaries.

For the capitalisation of funding from a restricted capital grant from the Arts Council England concerning improvements to South Square. Expenditure relates to depreciation charges for the year.

For the purchase of the Bronte birthplace in Thornton.

To support professional fees concerning a feasibility study for the Bronte Birthplace project.

To fund an annual weekend of holistic and creative wellbeing activities. To support organisational development activities.

Funding from NLCF and BDMC to support the provision of a warm and welcoming space as well as hosting activities which support communities in reduce their cost of living expenses and energy costs.

To contribute towards the running costs of South Square.

12

The Thornton & Allerton Community Association Limited

Notes to the accounts continued

for the year ended 31 March 2024

**5 ** Tangible assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 £
9,090
-
9,090
5,843
2,270
8,113
977
3,247
Office
Equipment		 £
159,715
-
159,715
48,294
15,972
64,266
95,449
111,421
Alterations
to
Leasehold		 Total
£
168,805
-
168,805
54,137
18,242
72,379
96,426
114,668

Security over assets

The trustees of the National Heritage Memorial Fund hold a charge over the land and buildings at South Square, which the charity has a leasehold interest in.

6 Debtors and prepayments
Debtors
Prepayments
Other debtors
7 Creditors and accruals
Bank loans and overdrafts
Creditors
Accruals
8 Creditors: amounts falling due after one year
Bank loans		 2024
£
411
300
336
1,047
2024
£
10,000
785
1,518
12,303
2024
£
14,167
14,167		 2023
£
1,531
746
7,824
10,101
2023
£
10,000
3,731
1,512
15,243
2023
£
24,167
24,167

13

The Thornton & Allerton Community Association Limited

Notes to the accounts continued

for the year ended 31 March 2024

9 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £30,113 (previous year: £27,132).

Other related party transactions

Other transactions with trustees or related parties
Dominic Sheard
Operating leases
Within one year
In the second to fifth years inclusive
Funds held as agent
Balance b/f
Incoming
£
£
The Friends of Thornton Library
797
(225)
797
(225)
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:
Trustee
Provision of services to the
Mindful May and Winter
Market activities
Name of trustee
or related party
Relationship to
charity
Description of transaction		 2024
£
250
250
2024
£
391
1,174
1,565
Outgoing
£
-
-		 2023
£
-
-
2023
£
-
-
-
Balance c/f
£
572
572

10 Operating leases

11 Funds held as agent

14

The Thornton & Allerton Community Association Limited

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024

2024
2023
Unrestricted Unrestricted
funds
funds
£
£
Income
Grants and donations
19,050
18,157
Rents and bookings
52,264
48,510
Fundraising and other income
750
1,005
Gallery, workshop income and sales
9,713
4,402
Total income
81,777
72,074
Expenditure
Salaries NI and pensions
39,151
20,111
Payroll charges
719
895
Rent, rates and water
-
2,417
Light and heat
10,509
9,390
Maintenance, cleaning and repairs
8,190
7,029
Advertising, publicity and marketing
577
-
Events and activities
3,059
1,137
Artists fees and commissions
5,309
1,280
Insurance
1,247
3,897
Independent examiner fee
1,518
1,512
Sundries and other office costs
502
77
Telephone and internet
828
840
Professional fees and consultancy
801
-
Building contractors
-
249
Volunteer expenses and support
503
225
Licencing and subscriptions
2,684
730
Project costs
979
-
Depreciation
2,270
2,274
Interest payable
742
990
Total expenditure
79,588
53,053
Net income / (expenditure)
2,189
19,021
Transfers between funds
699
2,563
Net movement in funds
2,888
21,584
Fund balances brought forward
107,817
86,233
Fund balances carried forward
110,705
107,817		 2024
Restricted
funds
£
57,542
-
-
-
57,542
16,667
-
1,727
16,653
8,701
312
-
12,617
1,500
-
1,108
-
6,063
1,339
500
-
2,265
15,972
-
85,424
(27,882)
(699)
(28,581)
153,028
124,447		 2023
Restricted
funds
£
98,704
-
-
-
98,704
43,721
-
-
8,500
65
1,606
623
13,674
-
-
2,061
-
20,328
14,782
191
146
3,610
15,972
-
125,279
(26,575)
(2,563)
(29,138)
182,166
153,028		 2024
Total
funds
£
76,592
52,264
750
9,713
139,319
55,818
719
1,727
27,162
16,891
889
3,059
17,926
2,747
1,518
1,610
828
6,864
1,339
1,003
2,684
3,244
18,242
742
165,012
(25,693)
-
(25,693)
260,845
235,152		 2023
Total
funds
£
116,861
48,510
1,005
4,402
170,778
63,832
895
2,417
17,890
7,094
1,606
1,760
14,954
3,897
1,512
2,138
840
20,328
15,031
416
876
3,610
18,246
990
178,332
(7,554)
-
(7,554)
268,399
260,845

15