| CONTENTS | PAGE |
|---|---|
| TrusteesAnnualReport | I |
| Independentexaminer'sreporttotheTrustees | 11 |
| Statementoffinancialactivities | 12 |
| Balancesheet | 13 |
| Notestothefinancialstatements | 14 |
| £6,193ofDesignatedFundst followingparticularpurposes: |
hattheTrus |
|---|---|
| JoanKirbyBequest | £1,308 |
| InstituteDilapidationsFund | £4,885 |
| IDENTIFIEDEMERGENCYCOVER | ||||
|---|---|---|---|---|
| 1 | Departureofamajorhirer | £15,000 | ||
| - | 2 | Temporarylossofpremises-6monthslossofhiringsincome-inthe eventofafire,etc. |
E60,000 |
|
| 3 | Relocationcostsduetopermanentlossofpremises | £40,000 | ||
| PaidOfficers-temporarycostofreplacingcurrenthonoraryofficers with_remunerated_posts |
E25,000 |
|||
| TOTAL | £140,000 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Fund | Funds | Funds | ||
| Note | £ |
£ | £ | £ | |
| INCOMEfrom | |||||
| Donations,SubscriptionsandGrants | 2 |
3,709 | - | 3,709 | 3,649 |
| CharitableActivities | 3 | 131,201 | - | 1311201 | 107,788 |
| Investments | 4 | 3,612 | - | 3,612 | 1,560 |
| TOTALINCOME | 138,522 | - | 138,522 | 112,997 | |
| EXPENDITUREon | |||||
| Raisingfunds | 5 | (968) | - | (968) | (886) |
| Charitableactivities | 6 | (126,814) | - | (126,814) | (111,407) |
| TOTALEXPENDITURE | (127,782) | - | (127,782) | (112,293) | |
| NETINCOME/(EXPENDITURE) | 9 | 10,740 | - | 10,740 | 704 |
| RECONCILIATIONOFFUNDS | |||||
| Totalfundsbroughtforward | 141,840 | - | 141,840 | 141,136 | |
| TOTALFUNDSCARRIEDFORWARD | 152,580 | - | 152,580 | 141,840 |
| 2024 | 2023 | |||
|---|---|---|---|---|
Note |
£ |
£ |
£ |
|
| FIXEDASSETS | ||||
| Tangibleassets | 12 | 2,109 | 2,594 | |
| CURRENTASSETS | ||||
| Debtors | 13 | 11,993 | 11,968 | |
| Cashatbankandinhand | 14 | 162,065 | 147,385 | |
| 174,058 | 159,353 | |||
| CREDITORS:Amountsfallingduewithinone | ||||
| year | 15 | (23,587) | (20,107) | |
| NETCURRENTASSETS | 150,471 | 139,246 | ||
| TOTALASSETSLESSCURRENTLIABILITIES | 152,580 | 141,840 | ||
| NETASSETS | 152,580 | 141,840 | ||
| FUNDS | ||||
| RestrictedFund | 17 | - | - | |
| UnrestrictedFunds | 16 | |||
| General | 16 | 146,387 | 133,444 | |
| Designated | 16 | 6,193 | 8,396 | |
| TOTALFUNDS | 152,580 | 141,840 |
| 2. | INCOMEFROMDONATIONS,SUBSCRIPTIONSANDGRANTS | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Donations | 94 | 49 | |
| Members'subscriptions | 3,070 | 3,057 | |
| GiftAid | 545 | 543 | |
| 3,709 | 3,649 | ||
| Alltheincomefromthesesourcesinbothyearswasunrestricted. | |||
| 3. | INCOMEFROMCHARITABLEACTIVITIES | ||
| 2024 | 2023 | ||
| £ | £ | ||
| CommunityCentreRoomHirings | 119,600 | 100,098 | |
| CommunityCentreParkingFees | 6,226 | 4,541 | |
| SocialEventsandOutings | 5,375 | 3,149 | |
| 131,201 | 107,788 | ||
| Allincomefromcharitableactivitiesinbothyearswasunrestricted. | |||
| 4. | INCOMEFROMINVESTMENTS | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Bankinterestreceivable | 3,612 | 1,560 | |
| 5. | EXPENDITUREONRAISINGFUNDS | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Membershipexpenses-newslettersandpublicity | 968 | 886 | |
| 6. | EXPENDITUREONCHARITABLEACTIVITIES | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Communitycentreexpenditure Grantforbuildingimprovement |
119,795 5,000 |
109,437 - |
|
| GovernanceCosts | 2,019 | 1,970 | |
| 126,814 | 111,407 |
| OMMUNITYCENTREEXPENDITURE | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Salaryandwages | 33,732 | 30,621 |
| Rentandrates | 16,252 | 16,679 |
| Licences | 511 | 23 |
| Insurance | 7,683 | 7,599 |
| Lightandheat | 14,697 | 8,787 |
| Cleaning | 17,399 | 16,805 |
| Caretaker | 14,084 | 13,187 |
| Repairsandmaintenance | 6,977 | 6,847 |
| Telephone | 172 | 106 |
| Printing,postageandstationery | 501 | 275 |
| Computercosts | 2,472 | 2,758 |
| Generalexpenses | 352 | 247 |
| Payrollexpenses | 180 | 180 |
| Sundryequipment | 600 | 380 |
| Depreciationoffixtures,fittingandequipment | 11406 | 2,617 |
| Refurbishmentfundexpended | 870 | 2,296 |
| JoanKirbybequestexpended | 1,490 | - |
| Stafftraining | 417 | 30 |
| 119,795 | 109,437 |
| OVERNANCEEXPENDITURE | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| IndependentExaminationFee | 1,956 | 1,920 |
| CompaniesHouseFee | 13 | - |
| Subscriptions | 50 | 50 |
| 2,019 | 1,970 |
| hisisstatedaftercharging: | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Depreciation | 1,406 | 2,617 |
| IndependentExaminationFee | 1,956 | 1,920 |
| AccountancyandPayrollServices | 180 | 180 |
| otalstaffcostswere | asfollows: | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Wagesandsalaries | 33,732 | 30,621 | |
| Socialsecuritycosts | # | ||
| 33,732 | 30,621 |
| 2024 | 2023 |
|---|---|
| No | No |
| 2 | 2 |
| TANGIBLEFIXEDASSETS | |
|---|---|
| Fixtures& Fittings | |
| £ | |
| COST | |
| At1April2023 | 108,596 |
| Disposals Additions |
(12,821) 921 |
| At31March2024 | 96,696 |
| DEPRECIATION | |
| At1April2023 | 106,002 |
| OnDisposals Chargefortheperiod |
(12,821) 1,406 |
| At31March2024 | 94,587 |
| NETBOOKVALUE | |
| At31March2024 | 2,109 |
| At31March2023 | 2,594 |
| **13. ** | DEBTORS | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Tradedebtors Prepaymentsandaccruedincome |
3,063 8,930 |
3,656 8,312 |
|
| 11,993 | 11,968 | ||
| **14. ** | CASHATBANK | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Cambridge&CountiesBank (95Daynoticeaccount@4.41%) |
70,000 | 65,000 | |
| MetroBank (InstantAccessaccount@1.20%) |
80,481 | 68,697 | |
| HSBCcurrentaccount | 11,584 | 13,688 | |
| 162,065 | 147,385 | ||
| 15. | CREDITORS:Amountsfallingduewithinoneyear | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Accrualsanddeferredincome | 23,587 | 20,107 |
| UNRESTRICTEDINCOMEFUND | S-Currentyear | |||
|---|---|---|---|---|
| Balanceat | ||||
| Balanceat | Incoming | Outgoing | 31March | |
| 1April2023 | resources | resources | 2024 | |
| £ | £ | £ | £ | |
| InstituteDilapidationsFund JoanKirbyLegacyFund GeneralFund |
5,642 2,754 133,444 |
113 44 138,365 |
(870) (1,490) (125,422) |
4,885 1,308 146,387 |
| 141,840 | 138,522 | (127,782) | 152,580 |
| Balanceat | ||||
|---|---|---|---|---|
| Balanceat | Incoming | Outgoing | 31March | |
| 1April2022 | resources | resources | 2023 | |
| InstituteDilapidationsFund JoanKirbyLegacyFund GeneralFund |
£ 7,859 2,727 130,550 |
£ 79 27 112,891 |
£ (2,296) - (109,997) |
£ 5,642 2,754 133,444 |
| 1415136 | 112,997 | (112,293) | 141,840 |
| Tangible | Total | ||||
|---|---|---|---|---|---|
| fixed | Current | Cash | Current | Net | |
| assets | assets | liabilities | Assets | ||
| £ | £ | £ | £ | £ | |
| UnrestrictedIncomeFunds | 2.109 | 11,393 | 162,065 | (22,987) | 152,580 |
| TotalFunds | 2,109 | 11,393 | 162,065 | (22,987) | 152,580 |
| ANALYSISOFNETASSETSBE | TWEENFUND | S-Previo | usyear | ||
|---|---|---|---|---|---|
| Tangible | Total | ||||
| fixed | Current | Cash | Current | Net | |
| assets | assets | liabilities | Assets | ||
| £ | £ | £ | £ | £ | |
| UnrestrictedIncomeFunds | 2.594 | 11,968 | 147,385 | (20,107) | 141,840 |
| TotalFunds | 2,594 | 11,968 | 147,385 | (20,107) | 141,840 |