## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 1 April 2023 **To** 31 March 2024 ## Section A Reference and administration details **Charity name** Potter Street Community Association **Other names charity is known by** **Registered charity number (if any)** 1132742 **Charity's principal address** Potter Street Community Association Harlow Essex **Postcode CM17 9AQ** ~~ss~~ |**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---| |1 Scott Simpson|Chair||| |2 Lisa Cameron|Treasurer||| |3 Kevin Wright|Director||| |4|||| |5|||| |6|||| |7|||| |8|||| |9|||| |10|||| |11|||| |12|||| |13|||| |14|||| |15|||| |16|||| |17|||| |18|||| |19|||| |20
~~je~~|~~je~~|~~je~~|~~je~~| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** MEMORANDUM AND ARTICLES OF ASSOCIATION Type of governing document - (eg. trust deed, constitution) How the charity is constituted INCORPORATED - (eg. trust, association, company) Trustee selection methods Elected - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** (A) TO PROMOTE THE BENEFIT OF THE INHABITANTS OF POTTER STREET AND DISTRICT WITHOUT DISTINCTION OF SEX OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING THE LOCAL AUTHORITIES, VOLUNTARY ORGANISTATIONS AND INHABITANTS 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 March **2012** **TAR** 2 (B) TO ESTABLISH OR TO SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN AND MANAGE, OR TO COOPERATE WITH ANY LOCAL STATUARY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE ASSOCIATION AND ITS CONSTITUENT BODIES IN FURTHERANCE OF THE ABOVE OBJECTS. - EDUCATION / TRAINING • ECONOMIC / COMMUNITY DEVELOPMENT / EMPLOYMENT . **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** **Additional details of objectives and activities (Optional information)** March **2012** **TAR** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance March **2012** **TAR** 4 Section D Achievements and performance **Summary of the main achievements of the charity during the year** Potter Street Community Association has continued to provide an extensive range of activities for the local community and inhabitants of Potter Street and Harlow. Currently offering over 70 hours per week of classes, activities and meetings for people aged 18months to adults. The introductions of a Nursery has also increased our ability to provide vital services for the local community. The re-decoration of the main hall, two smaller halls and corridor areas, including new flooring in the latter. New Fencing and update security for the centre. March **2012** **TAR** 5 **Section E Financial review** ~~a~~ **Brief statement of the charity’s policy on reserves** The centre maintains a reserve fund to cover unexpected repairs to the premises, rent increases or rises in energy costs. **Details of any funds materially in deficit** None ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## ~~a~~ **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** ## **Signature(s)** **Full name(s)** Scott Simpson ~~ee~~ **Position (eg Secretary, Chair,** Chair **etc)** ~~es~~ **Date** 22/01/2025 ~~PO~~ 6 March **2012** **TAR** Registered Number:06892325 England and Wales Potter Street Community Association Report of the Directors and Unaudited Financial Statements For the year ended 31 March 2024 Potter Street Community Association Contents Page For the year ended 31 March 2024 |Company Information|1| |---|---| |Directors' Report|2| |Independent Accountants' Report|3| |Income Statement|4| |Statement of Financial Position and Notes to the Accounts|5| |Trading and Profit and Loss Account|6| Potter Street Community Association Company Information For the year ended 31 March 2024 ## **Directors** ## **Registered Number** ## **Registered Office** ## **Accountants** Mr Kevin Wright Mr Scott Lee Simpson Mrs Lisa Jayne Cameron 06892325 Potter Street Community Centre Harlow Essex CM17 9AQ Wesley James Limited Summit House Horsecroft Road Harlow Essex CM19 5BN 1 of 6 Potter Street Community Association Directors' Report For the year ended 31 March 2024 The director presents his report and financial statements for the year ended 31 March 2024. ## **Principal activities** The principal activity of the company continued to be that of community association ## **Directors** The director who served the company throughout the year was as follows: Mr Kevin Wright Mr Scott Lee Simpson Mrs Lisa Jayne Cameron This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors Mr Scott Lee Simpson Director Date: 11 December 2024 2 of 6 ## Potter Street Community Association Independent Accountants' Report For the year ended 31 March 2024 As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2024 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. Wesley James Limited Summit House Horsecroft Road Harlow Essex CM19 5BN Date: 11 December 2024 3 of 6 ## Potter Street Community Association Income Statement For the year ended 31 March 2024 |Turnover
Cost of raw materials and consumables
Depreciation and other amounts written off assets
Other charges
**Profit for the financial year**|**2024**
**£**
44,770
(2,182)
(422)
(31,560)
**10,606**|**2023**
**£**
21,646
(140)
(374)
(16,467)| |---|---|---| |||**4,665**| 4 of 6 06892325 Registered Number : Potter Street Community Association Statement of Financial Position and Notes to the Accounts As at 31 March 2024 |||**2024**||**2023**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |Fixed assets||2,265||2,117| |Current assets|45,063||34,605|| |**Net current assets**||**45,063**||**34,605**| |**Total assets less current liabilities**||**47,328**||**36,722**| |Accruals and deferred income||(655)||(655)| |**Net assets**||**46,673**||**36,067**| |||||| |**Capital and reserves**||**46,673**||**36,067**| ## **Notes to the Accounts** ## **Statutory Information** Potter Street Community Association is a private limited company, limited by guarantee, domiciled in England and Wales, registration number 06892325. Registered address: Potter Street Community Centre Harlow Essex CM17 9AQ The presentation currency is £ sterling. ## **2. Average number of persons employed** During the year the average number of employees was 3 (2023 : 3) For the year ended 31 March 2024 the 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 company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The director acknowledges his responsibilities for: - a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and - b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. These financial statements have been prepared in accordance with the micro-entities provisions. These financial statements were approved and authorised for issue by the Board on 11 December 2024 and were signed by: Mr Kevin Wright Director Mr Scott Lee Simpson Director 5 of 6 Potter Street Community Association Trading and Profit and Loss Account For the year ended 31 March 2024 |**Turnover**
Domestic Sales
**Cost of Sales**
Purchases
Plant Hire
**Gross Profit**
**Administrative Expenses**
Accountancy Fees
Legal and Professional fees
(allowable)
Rates & Water
Light, Heat & Power
Property Insurance
Cleaning of Premises
General Travel Expenses
Bad Debts Written Off (specific)
Bank Charges
Depreciation Charge: Fixtures &
Fittings
Advertising
Computer Expenses
Repairs & Renewals
Stationery & Postage
Telephone, Fax & Internet
Sundry Expenses
**Operating Profit**
**Profit before Taxation**|2,182
81
655
35
1,198
4,127
383
4,990
123
190
3
422
108
72
16,327
34
1,154
2,080|**£**
**2024**
44,770
**(2,263)**
**42,507**
**(31,901)**
**10,606**
**10,606**|140
-
655
32
1,084
3,648
373
5,338
1
-
2
374
-
58
3,526
225
880
645|**£**
**2023**
21,646
**(140)**| |---|---|---|---|---| |||||**21,506**
**(16,841)**| |||||**4,665**| |||||**4,665**| 6 of 6 Potter Street Community Association Independent Examiners Report to the Trustees For the year ended 31 March 2024 I report lo the trustees on my examinauon ol Ihe accounts ofthe charltable company for the year ended 31 March 2024. Responslbllltles and basls of rnport As the charity Truslees, who are also d1￿ClOr8 lor th8 purposes of company law. ar8 responsible for the preparatlon ol the accounts in accordance with the requifements of the Companies Act 2006 {'Ihe 2006 Act.). Havlng satlsfled mysolf that the accounts of the Company aro not requirèd to be audlled under Part 16 of th8 2006 Act and are eli9ible for independent examlnation. I report In respect of my examinallon of your charitys accounts Carried out under section 145 of the Charitles Act 2011 (Ihe 2011 Act.). In carrylng out my examinatlon I have followed the Directions given by tha Charity Commission under section 145(5llb) of thè 2011 Act. Indopond•nt examln•rs stat•m•nt I have ￿Mpleted my examination. I confim that no matters havo come to my attention In connection with the examlnation giving me cause to bellev8 that In any material respect: 1. accounting records wera not kept in Tgspect of th8 Company as requlred by sedon 386 ofthe 2006 Act,. or 2. the accounts do not accord wlth those records: or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view whlch is not a matter consIde￿d as part of an independent examination,. or 4. th8 ac¢ounls have not been prepared in accordance wlth the methods and principl&s oftho Statement of Recommended Practice for accounting and reporting by charities applicable to ¢haAtle$ preparing their accounts In accordance with the Financial Reportlng Standard appllcable In the UK and Républic of Ireland (FRS 102). I have no ￿ncernS and have come across no other matters in ￿nnectIon with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. WesleyJames Llmlted Summit House Horsecroft Road Harlow Essex CM19 58N 16 January 2025