REGISTERED COMPANY NUMBER: 1kn750379 {EDgland and Wales) REGISTERED CHARITY NUMBER: IIJ0833 REPORT OF THE TRUSTEFS AThD FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR OUSTON cOMMU￿y A&SOCIATION LIMITED RilKhester5 Accountsnts and Business Advisors Finchale House BelnK>Oi Business Park Dutham DHI ITW OUSTON COMMUNITY A&SOCIATION LtMITED CONTENTS OF THF. FIYIANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 21)24 Page Report ofthe Trwtr Independent ExatDityer's Re￿rI s￿te￿￿t of FinaDci*I Acttwities Balance Sheet Notes to the Financial StatrD*Dts 5 to 20 Detsiled Statement of Fitthncial Activities 21 Mission Statement We have identified our mission statement as follows: 'To provide a Community Resource Centre for the people of Ouston through which individuals of all ages, and community groups, will have access to meeting spaces, advice, information and guidance, educational, social and leisure opportunities. We also aim to ensure the longer term viability of this Community Resource by working with others to access community grants and encourage a degree of self - sustainability from income from the seNices we provide Board of Directors JANUARY 2025 Page Directorsifrustees Foword l am pleased to report that Ouston Community Assctiation has ended another successful year and continues lo deliver tts mission of the provision ol a Communty Resource Centre for the people of Ouslon. This report outtines the wot1( of the organisation for the year 1 st January 2024- 31st December 2024 The board of trustees have used this year as a ￿riOC1 of c¢Mlinued investment into the labric ol the building. Major works weie completed during the financial year to Teplacethe Community Centfe's roof. A new CCTV system was installed during the year to provide increase security foi bolh slaff and users of the community centre. l am pleased to report that post balance sheet the land on vthich the communty centre is situated has been purchased {1511125) frcNn Durham County Council via an 'Asset Transfel. The board ol trustees have conlinued to develop the range of events hehj in the community cenlre. An event was held to celebrate the 5(Ith annNersary of D Day ththich was extremely well attended which received glowng reviews. A number of Fun and F¢xxY events for children have been hekfj following a successful grant compeif(ive lendering pr￿ess. Tha organisalion was successtul in being awarded a grant for Wamv Welcome Space, in 2024, this is now a thriving weekly event attended by Eocal residents. A Christmas Fayre was held in 2024, this was another resounding success wth local iesidents. During the year we promded space for 20 groups and acttvibes. We estimate thal from this around 650 individuals had regular contact wrth the Community Centre on a monthly basis. We provided around 88 people with volunteering opportunities. We have also acled as a focal point for Ouslon Parish Council Public Meetings and for s(Ime consultation events and public meetings. The Community Centre continues to be a focal point for the Community and a place to bring people together for larger events. Page 2 In tem)s of our finances, the balance sheet for the year 2024 again looks healthy. This is because we again receive(I several grants and suttered no loss of income this year due to restrictions or ck)sures. The figures are as follo￿.'_TOtsl income. including grantsldonation etc £99,412 Tolal expendÉture, includirKJ repairslmaintenance etc £92,923 showing an overall surplus of income over expen(irture ol £,6,489. Our Annual Accounts for the year are altached at the end of this repc¥t. This was in line with our expectations and our commitment to improve the fabric ol the building for the benefit of Centre users. We recelved rhe following Grants and Donatlons durlng the ye8r.'_ Grants Received Durham County Councll Slr James Knott T￿￿t Ouston Parish Council £.36,547.00 £ 5,000.00 £ 460.00 Totsl £42,007.00 Other Donatlons Ouslon Parish Council £3,549.00 As ever we continue to review our spending to make savings on Insurance and Utilrties Bills and other general outgoings. The Cenlre remains strong and continues lo be used frequently by a wide variety of groups. A summary of activities and groups can be found al the close ol Ihis report. Our thanks go OLrt to all of our staff lor their hard and dedication, and all olu tee 'thout whom the centre would not achieve the success tt has achieved. Nichols Trustee Page 3 OrganI&￿10n Details Ouston Communty Associalion Ltd Registered Charity Number: 1130833 Company Number 06750379 Address: Ouston Community Associabon Iris crescent Ouston Chester Le Street County Durham DH2 1FU Telephone 01914105183 Email info@ousloncc.co.L Web Site wWw.oust<￿Q)MrnUnI centre.com Accountsnts R wr A1￿heSter$ Chartered Accounknts Finchale House Belmont Business Pa Dutham DH1 1TW Board of Direclors: 2024: Audrey Stephenson Joanne Elaine Walson David Michael Nichols Clare Marshall, John Duncan Hindmarsh (resigned 3118124) Paul Kenneth McParling The purpose ol this report Is to update our members and funding partners on the progress of the organisation duriNJ Ihe last financial yew. Page 4 1.3 This report prowdas: A break(kswn of our actiwlies arKJ how these activities meet our ot4'ectives. An outline ol our proposed Agenda for the coming A copy ol our Annual Accounts Background Information 2.1 Ouston Community Association Ltd is a registered Charity 11￿&33 and a Company Ltd by Guaranlee 06750379. The organisation is managed by a Board of Directors elected annually at our AGM. During 2024. the Board comprised individuals with a diverse range of skills and backgrounds. All ￿rd members are from the kyAI communty and as such have a feel lor the organisation. 2.2 The aims of our Organisation are perhaps best summed up in our MissK)n Statement vhich is outlined at the opening of this report %thich is- To provide an inclusive Community Resource c￿tre for the people of Ouslon through which individuats ofall ages, and communty groups, ￿1/ have access to meeting spaces, advi￿, informafvon and guidance, educational, social and leisure opportunities. 2.3 We also aim to ensure the longer-tenn Via￿'1ty ol this Communty Resource by worf(ing wth the community and olher partners to galher infomiation which will infomi the nalure of our provision and to access communty grants and encourage a degree ol self-suslainability from income from the services we provide. Ouston Community Assttiatlon Ltd: A Profile Ouston Community Association employs a Centre manager, a caretaker and a cleaner. However, the Centre could not function wthoul the support of many dedicated volunteers working in various capacities. Ouston Community AS￿latIOn VAS formed in 1973 to meet the ne￿S ol all the members of the local community. The organisalion was a charity for many years and changed its status to become a Charitable Company in 2(K)9. Our general aim is to provide a range of activities and a meetiThJ ￿ace for all the occupants. The original tunding came Irom the l(Kal communty by a 'Buy a Brick. campaign and from Durham County Council. The organisalion owns Ihe building and has recenlly purchased (15101r2025) the land on which it is situated. via an Assel transfer from Dutham County Council Ouston Community Association Ltd (OCA) has developed over the years into an organisation that can demonstrate a degree of sew-sustainabilty. The incorne generated from room hire and activities is just enough to fund the centres generic costs a￿1 the post ol a manager and a r.Ip.anp.r wilh thA *ll>W- rt nf thp. fni inpil tho AAP 2nrtniir Inftj! Munpillnro •hrrni I the Members Fund (Cllrs Batey,Pringle and Wwd). In addtlK)n, OCA have employed a caretaker on a lixed term contract of 12 months for 10 hours per week. This has been enabled by a grant from the 'Sir James Knolv trust. It would be our intention to continue the caretaker role beyond the 12 month funding perrod and we wll work hard lo ensure there is enough income to SJPFK)rt this. Page 5 3.6 Whilst the organisation caters for a diverse range of fwe. V￿ recognise thal we need to I￿k at developing a number of distinct areas of prowsion further. Funding Priorities In 2019 the organisation launched tts five-year Business Plan in which we tried to identify a number ol priorities to help us move forward strategicalty. During 2024 were abl& to mak8 huge progress in tackling some ol these issues. The organisation managed to secure funding of £42,007.00 in 2024 from Grants and Donations {as detailed on page 3 of this report) lovrdrds the annual running costs and project work. The building is now 50 years of age. and Ihe faciltties are of a standard lo buildings of a similar age and is in need of continued refurbishment arKt redecoratK)n to keep the Centre attractive to visilors and new groups. The tollowing prc4ects ￿Ere comtAeted during 2024'.- Roof A major repair has been completed on the main flat r(x)f in earfy 2024, thanks to a grant from Durham County Coun&1 (section 106) CCTV A new CCTV system has been installed during 2024 providiry grealer security lor staff and users of the communty centre The following projects are planned for the forthcomlng year.-. Refurbishment of Ladies toilets Improvements to disabled toilet facilrties Aefurbishmenl ol small kitchen Future Development The successful grants abrdrded over the lasi 5years enabled ￿ to lackle a number ol priorities, happened because ol successful planning. The introcknction of a Business Plan allowed us lo identify issues and plan accordingly. The exisling 5 year Business Plan YRS updated during the year 2019 and now covers the years 2021- 2024. Working ￿th this gave us a fc¢us. It is irnperative that if we are to move forward in the same way in the coming years. we need lo address the oulslanding issues strategically. We wll be preparing a new 5 year business plan during 2025 Priorities tor the comlng year have th￿efore been identified as follows:. Core Cost". Salaries- The abilty to cover the Centre Managers salary for the nexl thfee years - in full Of in part would provide continuty. slabilty and a platlorm for longer tem planning and development. 4,.- ￿￿4 1 IUIIVIIIY tsVVIV ￿￿￿11￿￿[411y VV used on salaries to address some of the oulstanding issues outlined atr￿ve. The Centre currently employs a manager on 20 ￿UrS per week and yel when we are lully operational, we provide faciltties 81>1(KJ hours per v￿ek. We also employ a part-time cleaner who works 10 hours per week, and a part-time caretaker also working 10 hours per week. In the coming year we wll continue to try and Gbtain funding to urKJeryn the salary ol the Page 6 manager and colleagues alike. Core Activities In the last year we worked wth the communty to provide a rar¥Je ol aclivilies for elderly and vulnerable people, Children and Young People and Community and Farth groups. The table below highlights Ihe range of groups we have wot1ses of the CoDwanies Act 2(K)6. present their re￿ll with the flnancial siatemenis of the charity foi the year e￿Ied 31 December 2024_ The tru5tee5 have adopted the p¥ovisions of Accounling and Rq￿rtIng by Charities.. Str￿Ment of Recommerpjed Practice applicable to chartties preparing their accounts in accordance with the Financial Re￿rting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l JanuaTy 20191. STRUCTURE, GOVERNANCE Af*l) MANAGEMENT Governing document The chariiy is controlled by its governing d{￿U[￿ent. a deed of trusi. aEKS cojtstitutes a limited Co￿panY, litnited by guaTante4 as defilled by the Companies Act 2txh. REFERENCE AND ADMINISTRATIVE DETAIiS Registered Compsny nuM￿r 06750379 ffnglaimj atsj Wales) Registered Charity nwnber 1130833 Registered office is CreweDt Otsston Chester le Street DH2 Iiu T￿￿tttS Mrs A Stephenso Mrs J Waison D M Nichols D J Hindnursh {resIg]￿d 3118120241 Mt5 C Matshall P K McFarling Tndependent Examiner Davsd Holloway FCA DChA Ribchestrrs Accouniants and Business AdvÉsors Finchale House Belnx)ni Business Park DuThatn DHI ITW Approved by order of rhe tK>ard of wustees on ................. .... ..................... a￿] SIg￿d ou its tKhalf by.. D M Nichols- T￿Slee Page 10 These can be identrfied as lollows: 4.5 £47,5Li) l Runnlng costs fj roJ17 On behalf of the Bo8rd of Directors May 2025 Page 9 INDEPENDENT EXAMif4ER'S REPORT TO THE TBUSTEES OF OUSTON COMMUNITY ASSOCIATION LMTfED lThdependent examiner'$ re￿rt to the trustw of Oustsn COn￿￿￿￿¢ty ASs(Ki•¢￿￿ Limited {'the Company'l rew>rt to ihe charity trustecs on my eKamination of the accoullts of the Company for the year ended 31 December 2024. Responsibilities and basis of report As the charity's trustees of the Company (atxl also its direc￿[$ foi the purw>ses of collyany law) you are responsible foi the preparaiion of the attounts itl aCcOrda￿e with the requirements of the co￿Panic$ Act 2(X)6 ('the 21M ￿1.1. Having s&tisfied myself that the accoums of the Company a￿ roi requirtil to be awjitd W￿¢[ Part 16 of the 21KI6 Act and are eligÉble for indeprndent examinarion. I iep)rt in iespwi of my eAatninatK)n of your charity's accounts as carried out Utklei Section 145 of ihe Charities Act 2011 {'the 2011 Act,). lu catrying Qui ny examination I have followed the Diiections given by th C&￿ity ComtntSSton uthjer SectÉon 145(51 (b) ofthe 2011 Aci. Inde￿ndent examiner's slatetlleTrt I have co]npleted my examinaiion. I collf]Tm that no mauets have come io rny attention io eonneciTOll with the exafftination giving me cause to believe= accounting records were noi keo in rcsw of the Con4Mlly as required by SectRon 386 of the 2(Mkn Act: 01 the a¢¢ounts do aLroid with those records: or the accounts do noi comply wth the accouniing requitemeDts of Sectiou 396 of the 2[K￿ Aci other than any requiierneni that the accounts give a ￿e and faÉr vi¢w is a maller co]L8idered as part of an independent examinaiion; or the a¢¢ounts have not ￿et1 prepared in accordar]ce with the methLhts a￿1 principles of the Statement of RecomD]ended Practice for ac¢ouniing a￿1 repining by charities (applicable to charities preparÈng their accounts in accordance with the Fina￿la1 Re[￿rting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have nn concerns atMI have cotne across tK) other matte[5 ITJ cOnt￿CtIOn with theexarninaiioD 10 which attention should drawTJ in this retM)n in order to enable a PFOW understsnding of the accounrs 10 reached. David Holloway FCA ￿hA RNfE R51Khesiers Accounianis and B￿l￿eSS Advisors Finchale House Belmont Business Patk Durha DHI ITW Pagell OUSTON COMMUNITY A&SOCIATION LMTED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total 2023 Total futxls Ujmtricted RestricteAI Noto% INCOME AND ENDOWMENTS frT(OM tk>nations and lega¢ies 57.180 42.(M>7 99.187 89.123 Investtnent i￿O￿e 225 225 Total 57.405 42,IKI7 99,412 89.123 EXPENDITURE ON Charitable activities Centre running Costs Foodb2nk Centre refurbishmeni 52.713 12.622 65.335 68.936 20 24.840 27,588 27588 Total 52.713 40.210 92.923 93.796 INCOMFI{EXPENDITURE} 1,797 6.489 (4,673) RECONCILIATION OF FUNDS Toial fuThls brought forwdrd 25.473 1942 28.415 33.088 TOTAL FUNDS CARRIED FORWARD 3U.165 4,739 34. 28.415 Tr notes lorm pan oi ihese finatKial sthle￿ellts Page 12 OUSTON COMMUNITY ASSOCIATION LIMITED BALANCE SHEET 31 DECEMBER 2024 2024 Total 2023 Totsl fv] No CURRENT ASSETS Debtors C&sh at bank 8(M) 35250 8(X> 39,989 2.449 28,757 4.739 36.050 4.739 40.789 31.2(NS CREDITORS Atnounts falling due within orE year (5.885) (5.8851 (2.791) NET CURRENf A&SETS 30.165 4.739 34.gm 28.415 TOTAL ASSETS LKSS CURRENT LIABILITI&S 30.165 4.739 34,4 28.415 NET A&SETS 30.165 4.739 28.415 FUNDS UT￿eStriCted funds Res(ricced futkls 30.165 4.739 25.473 2.942 TOTAL FUTrIDS 28,415 The ¢hariiable company 15 entitled to exemption from audit undei Section 477 d the Companies Act 2(m￿ lor the year ended 31 December 2024. The members have Th)1 required the ¢oTnpany to obtain an audit of its fin*Kial statements for the year e 31 Decetnber 2Ir24 in accordance with Section 476 of Companies Act 2{M￿. The tyustees acknowledge their reswnsibiliiie5 for (a) ensuring that the charitable company keeps accouDtill8 rtrord5 thai collply with Seaions 386 aTrJ 387 of the Companies Aci 2(m￿ atbj pitparll￿ fllJatKiai statements which give a atsj fait view of the staleof affairs of the chari¢able company as at the end of each fina￿la1 year a]Ki of its surp1￿$ or def￿11 for each finattial yeat in accordance wsth the requirernents of Sections 394 and 395 2nd which otherwise comply with the requÉrements of the Companies A 21X)6 relaiing to financia] sta￿Ments. so fat applicable to tbe charRLqblecompany. (b) These fitw)cial S￿￿MenTS have been ptepared in accordance with the provisiotis a￿]rable io charitable Co￿PanieS subjeci io the small CO￿PanieS ieginx. The fi staiefftenls Wtre approved by Ihe Board of Tnwtts a￿1 autlKTrriseAI for issue on . and were signed on its behalf by.. (Nnl,/ DI4 rlidfi&s Trrustre The tM)tes fortn Pdrt of thek financial SLqtemerrts Page 13 OiiSTON COMMUNrrY ASSOCIATION LIMITED P40TES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 DECEMBER 21124 AccouNfiNG POLICIES Basis of preparing the fin8￿CIal statewnts The fhnancial 5tatemenis of the charitable cotllpany. whKh is a public benefit eEJtity ut¥Jet FRS 102, have been prepared in accordance with the Chariiies SORP (FRS Iini 'Accountittg aThl Rerorting by Charsties.. Staieineni of Reconunended Practice appliLable lo charitie5 preparing theii awounrs in accoidattt the Financi31 Reporting Siandard applicable in the UK and Republic of Ireland (FKS 1021 {effective l January 20191,, Financial Rqx)rting Sianda¥d 102 The Fmancial Rewrting Sthndatd applicable in the UK and Republic of Ireland. and the Cotnpanies Act 2(M)6. The flljancial staternents ha* teen prepared under the historical cost conveftiLOn. Illcome All itjcotne is reco8nised in the Sta(ement of Fina￿la] Aciivities 0￿e the chariry has entit]emet& ￿ the Ivnds. Ét is probable thai the illcome will be ieceived atml the amounL call Ix reliably. Gr&nts Giants relaiing to tevenue are re£ognised as income on a systematic basis the peri(xts in which the entity recognises the related costs from which the ÈFant is illientsj to coMp¢w￿. Facility Hire Faciliiy hire is recognised in the Frtlml it i5 receivable and to the exteth tkne clwiry has provided the goods or services. Expenditure Liabiliiies are recogniwl a5 extxlldtture as tI￿re Trs a legal or ¢onsm￿l¥e obligation cotnmitling ihe charity to that ex￿)dI¢ure. il is Probable thai a trartsfer of ecotKymic ktrfits will ￿ required in settlement and the amount of the obligaiion can ttTh5UTed reliably. Ex￿￿￿1(￿[e is ¥counted for on an accrua15 basis and has be£n classified undei headings that aggregaie all Cost relaied LO the category. Where costs calu￿1 be directly attributed to parttcular headinE5 they have been allo¢ateJ to activi￿ on a basis consistent with ibe £￿e of re50uices. T#￿110 The chatity i5 exetE]pt from Co[￿ratiOn lax on its charitable ￿1VIlieS. Fund accouDting Uajreslricied fuThJs can te used in accordwKe ￿1￿ the clwitable obje(li￿$ * the dtwreii¢)n of the trustees. Designated fuEKls are general futx15 which have been sd aside by the for a S￿cifiC putw)se. Restricted fimd5 can only Ix used for particujar restrictyj purtosts within the ObJ￿ts of the charity. Restrictions arise when specified by the dorN)T or wlrn fu￿1$ are raisd f￿ particular restrict￿{ putP05es. Further explanation of ihe nature a￿1 purwse of exh fu￿1 is it￿l￿Aed in the Th)fes ro the financial stste]Dents. DONATIONS Af4D LEGACIES 2024 2023 Donations Chariiable activities Grants Hire of facilii¢es 349 2.704 42.(K)7 54.127 334 2.716 37,864 48.21)9 99,187 89,123 Page 14 cuniinued... OUSTON COMMUNITY A&SOCIATION LIMtTED NOTES TO THE FtNANCIAL STATEMENfs. continued FOR THE YEAR ENDF.D 31 DECEMBER 2024 DONATIONS AND LEGAc￿s- ttsntiThued Giants received. it￿]uded in ihe abovq are as follows.. 2024 2023 Sir James Knott Ttust Ouston Parish Council Durham County Council Utpeih Pati5h CouT*iI 460 36 547 630 31,854 380 42,(K)7 37.864 INVESTMENT INCOME 2024 2023 Inwesi receivable 225 TRUSTEES, REMUNERATION AND BENEFITS There were ￿ thjstees. remurttation Ot oiber I￿lleftts for the year 31 Decemter 2024 Th)T for the year ended 31 De¢e]nber 2023. Tr￿(ee5. expenses There were no trustee5' expetV5 paid foT the year ended 31 tk(tmber 2024 llor for the year etxled 31 December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACIMTIES Unrestric￿1 fu￿$ ResrTi¢*d funds Tothl ds INCOME AND ENDOWMENfs FROM tk>nations atmj legacies 51.2J9 37.884 89,123 EXPENDITURE ON Charitable activitles cent￿ rllnming costs FIM)dbank Centre rcfurt>i8htneni 54586 14J50 20 24.840 68.936 20 24,840 Totsl 54586 39.210 93.796 NET INCOMFJ(EXPENDITURE) {3347) (1.326) 14.6731 RECONCILIATION OF FUNDS 'rotal futKls biought forward 28B20 4.268 33.088 TOTAL FUNDS CARRIED FOR WARD 25.473 2.942 28,415 Page 15 cunlinued... OUSTON COMMUNITY A&SOCIATION IJMITED NOTES TO THE FINANCIAL STATEMENIS. continued FOR THE YEAR ETr41)ED 31 DECEMBER 2024 DEBTORS: AMOUNTS FALLlP4G DUE WITHIN ONE YEAR 2024 2023 Trade debiors 8(X) 2.449 CREDITORS: AMOUFIIS FALLING DUE WITHIN ONE YEAR 2024 2023 S(Kial secutity and other taAes Accrued expet 37 5,848 2,760 5.885 2,791 MOVEMENT IIY FUNDS Nei vtment in funds At 31.12.24 At 1.1.24 Unrestricted fvnds General fund Designated fu]MJ 11.473 141KX) 4.656 16.129 14,(KXI 25.473 4.656 30.129 Re5tri¢ted funds Caretakers Wages J* Eveni Di5hwashet 2917 2,917 1,833 25 1.833 25 2.942 .833 4.775 TOTAL FUNDS 28.415 6,489 34,9￿¢ Nei nK>vement in funds. ir￿luded ill the aFx>ve are &5 follows.. ItKomitg res0￿CeS Rtsow¢es expetKted MovemeAI in funds Unrestricted funds General fund 57.405 152,749) 4,656 Restricted funds Roof Repairs CareiakeTS Wages Jubilee Event ccrv 22.788 122.788) 15.(MXI) 17,586) 14,81Xb) 9.419 4M(K) 1.833 42.￿)7 (40.1741 1,833 TOT AL FUNDS 99.412 192.9231 6.489 Page 16 continued... OUSTON COMMUNITY A&SOCIATION LIMtTED NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 DEC.EMBER 2024 MOVEMENT IN FUNDS- Conti￿Ued Comparatsves for ￿￿vernent in fu]KLs Net movetTretLt in funds Transfers betwee fU￿lS At 31.12.23 Ai 1.1.23 Unrestricted funds General fu￿1 Eksig￿dLed futKI 13.820 15.(KK> {3y7) 1.473 14,(MX) li.(￿} 28.820 {3M71 25,473 Restricted funds Outside Space Caretakers Wages Gytn Eguipme]It Dishwasher 51 2.917 1.3(K) 151) 2.917 (IJ￿) 25 25 4.268 ,3261 2,942 TOTAL FUNDS 33.088 (4.673) 28,415 Comparative llK)vement fund5. irKltKled in the are as follows.. JtKoming Resources ex￿nded MovemeEJt in funds UDrestricted funds Generdl fu￿1 51.239 {54.5861 {3 J47) Restricted fvt Roof Repairs Ou¢side Space Food Bat CaTetskers Wages Jubilee EveTrl Gym Equipment Dishwasher 24.840 {24.8401 {511 (201 (5.(KX>I (7.0251 11.3(K>l (511 20 7.025 11,3(X)I 37.884 {39.2101 11.326 TOTAL FUNDS 89.123 (93,7961 4.6731 Page 17 continued... OUSTON COMMUNITY ASSOCIATION LIMITED NOTES TO THE nNANCIAL STATEMEfI15 -continu FOR THE YEAR ENDED 31 DECEMBER 21124 MOVEMETrfi IN FUNDS. CODÉinued A curreni year 12 nx)nths and prior year 12 tnonths combsned ￿SitiOn is ￿ follows.. Net nwvejnent in fU￿[S Tra￿￿ferS between funds At 31.12.24 Ai 1.1.23 Ullrestricted full from the Sir James Knoti fr>undatiOfL thich Trwas instructed to be spetti on the caretaker5 wages. Al 31 De¢efflbei 2024. £2.917 remained Un$￿￿( Events During the lear the chariiy received granis of £8.955 from Dutham Couty Council, which was iftsiruc￿d to be spent on events. Ai 31 tk£etnlKI 2024 £1.833 Temait*d. Page 19 coThlitLued... OUSTON COMMUMTY A&SOCtATtON LIMITED NOTES TO THE FINANCIAL STATBMEYTS. cthitiTrued FOR THE YEAR ENDED 31 DECEMBER 21)24 MOVEMENT IN FUNDS. continmtd Designated FuDd5 The Trusiees recognised the need io sei aside ￿￿￿leS for srttific work5 tbat requited to be ¢atTied out in the neaT future. Monie5 were Sei aside for". the refutbishment of the ladies EoileL the refurbishmem of ihe small kitchen improvements to storage areas. atld iepairs io the outside shed. Transfer ￿tween fvDds During ihe year, the Trusiees fecogllised the need to transfer £0 from unrestricted fiJtKis to deSIg￿ated funds to cover expenses which the funds Mrre sei aside for. RELATED PARTY DISCLOSURES There were no relatrd party tratiS￿￿8 for the year eThled 31 December 2024. Page 20 OUSTON COMMuNrrY A&SOCIATION LtMITED DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEhlBER 2024 2024 2023 INCOME AP4D ENDOWMENrs Donatio￿$ and Iwcles Donaiions ChaTiiable activities Grant5 Hire of facilities 349 2.704 42.(b7 54.127 334 2.716 37.864 48.2(￿) 99.187 89.123 Investmellt income Interesi receivable 225 Total incoming resouTce5 99,412 89.123 EXPENDITURE Charitable actsvi¢ies Aclivilie5 Admin￿Stration expens£s 3.558 23.180 6.820 34.371 24.244 7.171 16.156 8,788 38.820 22,161 Repakrs & n￿l￿tena[LCc Wages & salaries 92.173 93.096 Support costs Governance costs Independent exatniner fre 750 7tK) Tothl resources expended 92.923 93,796 Net incomel{txpendilllre) 6.489 14.6731 This page does N)1 f(Im pari o(the siatuLory lindiiiiAI ststetnents Page21