REGISTERED COMPANY NUMBER: 07748059 [Enand and W¢3) REGISTERED CHARTfY I¥UMBER: 1147202 RepLMrfthe Trustees and Un4udited FiDaDcial Ststements for the Year Ended 31 Augu¥t 2023 South Ridgeway C•mwllnityAw¢itititt Athuole Ci>. Wil]iamstoll Ilouse 7 Goat Street Haverfotdwest SA61 IPX AShm0 & Co.
Sollth Rldg¢way Community AswciilioD CollteDts of tbe Fillauci41 StatemeDts for the Year Ended 31 Augu8t 2023 Page Report of tbe Tnuteej I to 2 llldependent Examiner'# Report Stattment of Actsvittej Baianee Sbett Note8 to the Fi¢11 Statements 7 to 12 Detalll Statement of Finoncilll Activities 13 to 14
South Rid%tW8y Community Asxod41ion Report of the Trustees for th¢ Year Ended 31 Auguit 2023 Thc trustees who aw a]$0 dir¢£10 of the clty for ¢he pu08 of th¢ Co]upiK 201h5, pr¢%ut th¢ir rel witb ¢he finat)ciaJ statcm¢nts of the clwity for the yeor ended 31 August 2023. The tnthes have athptcd the provi$iotts of A¢¢outtiiDg and Rcportin8 by arIties.. Statetn¢Dt of RecI)mD PTrctict applic4blc lo cknities preparir8 tbeir accounts ID accordance with th¢ Finl¢l&l RwrtiDg Standard applicabl¢ in the UK R¢publi¢ of [land (FRS 102) (effettive I Jalluary 2019). Objettives ain A ¢omt)xuuily assoGi3tion Prov facikn'ties for sports. ¢ducatioll and wrial events for the l(Kal populaiiou. To 1lllprts the so¢ial welfare and cducation of thc populanGc. The charity h&q con]plet¢d tkn devdoplletst at construction of a new coJ)nnuDity¢entre for thc benefit of thc local population. SigllificaDt AetÈ Th¢ rhazitys si8Dificant Aims Ilas bll to apply for grants to a55iSt with tbc building of the new fomrnunity Hub, which wc achicvcd during th¢ y¢Ar. Th¢re bas been on8Oit]8 fi]ndraising to assist in ¢ov¢rin8 the expenses in r¢latioJ to the fomrnutiity Ilub,. Th¢ fornmunity Hub, becam¢ operatioll during tbE y¢4r, with the Hub otTillg s¢ryi¢¢s to th¢ lo¢al Pllbll¢ beoetlt W¢ h4v¢ r¢fred to the guidwce tonraincd in the Cbarity Cornmissiojjs gen¢ral guidoll¢¢ on public benefit when reviewin8 our airns and objectives alld in planning our fubJre dctiviti¢s. STRucfuRE, GOVERNANCE AND MANAGEME Governing document Thc charity is conth)IIEd by its govcrning document, a deed of trusk and ron5titutss a limited cornpAny, limita by gtee. 88 d¢fin¢d by the CornpaDiC8 Act 26. Memor8lldwu al Arti¢le5 of AsSltion in¢orpor&taloll 22nd August 2011. OrgaoistN)n*l 5trncthre Thc or8aDisaliott ts by a IN> of trustees who hold regular m¢e¢ings to r¢vi¥w the ¢11[Y,8 Progress. The trustees are all UDpth fromth¢ clwity. Rwteted Company nurn1r 07748059 (En8knd alld Wa1¢5) Regi¥teted Charity nllmber 1147202 ReRSJtrred offlee The GraD8e Baldwins Moor Manorbier SA70 7TY Pwg¢ I
South Ridgeway Community Amociation R¢portofthe Thi$lees ror the Year EDded 31 Augwt 2W Tr•st Mrs J Butkland Mr5 S E D&vics Mr5 J C Forernall Mr8 B I Star¢ GJohn Mrs A G Fr¢¢nwi.Knibb IDdependeDt Examlner Asbmole and Co. Willialthn House 7 Go8t Strr¢t H&vErfordwest Pembroke5hi SA61 IPX Apwovedbyorderof the board of tnwtees on 29 May 2024 aT¥l signcd on its kha]f by.. G John- Trustee Page2
Independent Examiner's Report to th¢ TryJte¢B of SoDth Ridgeway Conununity AMo¢i%tion tLdependent ex4miDer'$ report to the trDstr¢$ ofsouth Ridgeway AMoelatw)tt ('the Company'l lryort to the ¢baritytsUSk¢B onrny eXan]inOn ofth¢ a¢¢ounts of the CoMpY for ye4r ended 31 Augusi 2023. Reiponsll¥iJitiu and ba*ig ofreport As t&¢ Charl8 trustcc$ of the Company aiso its directors for the purposes ofcompauy law) yOLt are responsible for the prcparalTron of th¢ a¢¢oulltS ID accordancc with the requkretllents of the CoTnpani¢5 Act 2(K)6 Cth¢ 2006 Act?. Having 8atisfied myself tbat th¢ Ounts of the Company are not requira to b¢ auditcd uimkr P8A 16 orth¢ aTe etsgibl¢ foi iud¢p¢ndent examination, I report r¢sPt of my examiation of your charitys 8ccoullts as led out Se¢tion 145 of th¢ CbaTi(i¢5 Ad 2011 Ctbe 2011 Ace). In c8nying out my ¢xNmitiation I hAv¢ (ollowed tb¢ Doll$ 8iv¢n by the a)2Yity Conllllis$ion under Section 145(5) (b) of th¢ 2011 Ad. lttdependent ewniney'j ststethent T have ¢ompl¢ted my cxaminatiott. I Cottf that no rnatt¢rs bavc to my attention itt ¢4)ntCtiOn with the Cxa[Dioll giYitigmE CaUSC to 1]eVV. ac¢oiiD(illg OrdS were rkot kept inrw¢¢iof the Ctsmpatty ag wuitcdby Section 386 ofthc 2006 Act" or the aOUllts do not COrd WI ¢hos¢ ords,. or the accounts do not wmply with the accoiintinB r¢quir¢ro¢llts of SE¢11( 396 of th¢ 2(MJ6 Art othrr than ally rquirement that the acU¢S give a truc al hir view wbith 15 not a matl¢r con5id¢rcd as part of an ]JePendent the accoullts have not b¢en prcparcd in a¢dance with th¢ m¢thods Hnd prin¢ipl¢s of the Siatemetti of Recollkd Pradicc for aecountitig r¢wtin8 by clwitics (applicablc to charitics prcparmg thciT i cordance with tb¢ Fizwirl R¢porting Stalld applicable in the UK and R¢publi¢ of Jr¢land IFRS 1021). I havc no Con¢ and have conw 4¢ri6s llo other in connection with the ¢K]tiOn to wbi¢h Att¢ntion slwuid t drawn in or&r to ¢nable a proper und¢rstJlldwgofth¢ a¢¢ounts to be Trach. William Hugh Ashmolc and Co. William8tonHous¢ 7 (loar Street Haverfotdwcst Pcmbrokesbtre SA61 IPX Page 3
Soutb Ridgeway Cornrnunity A55ociation Statement of Fin&Deial Activities for the Year Ended 31 Augllst 2023 Period 22.8.21 to 31.8.22 Total fi]nds Year Ended 31.8.23 Total funds Unrestricted fiujd Restricted fund Note5 INCOME Af4D ENDOWMENTS FROM Donatiow and leg1¢5 6,839 6,839 11,396 Charitable gctivities Development of Community Hub Community Hub 165,770 165,770 9.502 443,738 9,502 Total 16,341 165.770 182,111 455,134 EXPENDITURE 01¥4 Charitsble aetivilies DevelopTnenl of Community Hub Cornmunity Hub 781 19,511 29.732 49,243 Total 19.511 29,732 49243 781 NET INCOMEI(EXPENDITURE) (3,170) 136.038 132,868 454,353 RECONCILJATION OF FUNDS Total fidS brought forward 82.390 937,941 1.020,331 565,978 TOTAL FUNDS CARRIED FORWARD 79.220 1,073.979 1,153,199 ,020,331 The notes form part of these financial statements Page 4 A5hrtK>le & Co.
South Ridgeway Comrnunity Association Balance Sheet 31 August 2023 31.8.23 'rotal funds 31.8.22 Totsl fijnds Unrestri¢ted nd Restricted fund Notes FIXED ASSETS Tangibl¢ assets 98,412 1,073.979 1,172,391 956,797 CURRENT ASSETS Debtors Cash at bank 2,805 37.166 2.805 37.166 63,534 39.971 39,971 63,534 CREDITORS Amounts failing due withill on¢ y (23,163) (23.163) NET CURRENT ASSFTS 16.808 16,808 63.534 TOTAL ASSETS LLSS CURRENT LIABILITIES 115220 1,073,979 1,189.199 1,020J31 CREDITORS Amounts falling due after more than one year 10 (36,000) (36,000) NET ASSETS 79,220 1,073,979 1,153.199 1,020,331 FUNDS Unrestricted funds Restricted fijnds 12 79.220 1,073,979 82,390 937.941 TOTAL FUM)S 1,153,199 1,020.331 lle charitable ciKnpany is entitled io exemption fro audit under Sedion 477 of the coPanic5 Act 2006 for the y¢ar en(kd 31 All8USt 2023. The mEmbers have not required the company to obtain an audii of its financial statements for the year ended 31 August 2023 in a¢cordanc¢ with Section 476 of the Companics Act 2006. The trustees acknowledge their rcsponsibilities for (a) ¢nsuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Cornpanies Act 2006 and preparing financi21 statements which give a true and fair view of the state of affairs of the charitable company as at thc cnd of each financial yeaT and of its surplus or deficit for ¢ach finan¢ial year in accordance with the requirements of Sections 394 and 395 and which thh¢rwis¢ comply with the requirements of the Companies Act 2006 relatitig to financial 5tat¢ments, so far as applicable (o the charitable company. Ib) The notes fonn part of these st*em¢nl$ Page 5 ¢ontinued.. AshM0 & Cu.
South Ridgeryvgy Community Aiyo¢i8ti0 BglJn¢e Sh¢et- ¢ontinued 31 Au¥u$t 2023 The5E financial statements have be¢n pr¢p#r¢d in accordance with the pmvisions applicable to Ch1&ble comp8ni¢s subiert Tr finallcial ststements w¢re approv¢d by tbc Board ofTrustees srA authotised foT i88U¢ on 29 May 2024 ottd w¢r¢ 8i2ned its b¢half by: G JobD- frustcc AG Ft¢qllaD.KDibb. Tntee The llot¢8 forniw olthes¢ ststements Pag¢ 6
Soutb Ridgeway CoDullumityAs90tialion Nfj¢es to the FinallciAI StAtements for tht Y¢4r Ended 31 August 2023 ACCOUNTING POUCIES Bsis of preparing the fxtsancial staternents The fin8n¢iAI s¢atcmcnts of the charitable eowy. whiGh is a pub]ir bfil entity FRS 102. have been pr¢p8zgd in ac¢ordancc Thith the Cb¥titi¢5 SOR (FRS 102) 'AccountinB and Rq>ortin8 by Chariues.. Staternent of R¢wTnrllended Practice appli¢abl¢ to ¢hariti¢s Prepari thcir accounts in accordan¢¢ with th¢ Financial RcportiD8 Stalldard appli¢4bl¢ iD the UK and Republic of ITEloLd (FRS 102) (¢tYCcti l January 2019),, Financial Reporting Slallilard 102 'Th¢ FiDancia] Reporting Standozd appli¢abl¢ in the UK and Republic of Ire]and and the Cotwi¢s A¢t 2006. Th¢ filwicial statcllts hav¢ b¢¢n Prd under the historical ¢osl ¢onv¢nuots. Income All income is recogDis¢d iti th¢ Stst¢nTht of Financial Activiiies onlx th¢ ¢harity has ¢tttitlcm¢nt to thc flllth, it is probabl¢ thit th¢ incorne willbe re1V¢d and th¢ ¢&ll br m¢ted reliably. Expenditure Ljabilitics reco8Dised EXPEnditurc a5 soon as there is a legal or cojsttwtive obligation ¢ommi¢liD8 the dwity to th&t expenditu. il is probablc that a trattsfer of eeotwffjiG b¢nefits will be required in settlement and the amount of tbe obligation can be measurcd reliably. Expcnditure is accowttd for ots an a¢¢tuab basi5 and ha5 bccn classified h¢ading5 that aggregate all cost r¢lAted w th¢ ¢at¢gory. Ivhcrc costs cannot E¢ dirccdy attribut¢d to parti¢ular b¢adillg5 they have been allor4r¢d to a¢tivitia on abasis COL4iStentwith th¢ u8¢ of r¢sow¢¢ Tangible fixed ¥ets tpciatIOn is provided atth¢ following aLnual rates in oth to wTite off eA¢h a8s¢t over its ¢stinMt¢duseful li Frcchold propcty and macbinery Computet equip¢1 2Y4 oncost 15•/0 on rnducing balAttce 33•/0 on ¢os¢ The Charity is cxcmpt from eO4KKation tax on its cbaEitsble xtiviiies. FuDd accowithig un1Cted funds can be w¢d inA¢¢ordance withthc chatitabk 0.ectIV£S at the discr¢tionof the InrtS. Rttl¢t¢d fijnth call only be for particuLar trIcted putpo&es within th¢ obj¢¢ts of th¢ ¢lwity. Riciion8 arise when specified bytb¢ donor or wheD fimds areratsed forp8tti¢ulAr restri¢kd FUrtherexpIaDlott of tbe natur¢ 8XAd pwpose ofcaGh fuDd is included in the not&8 to tb¢ fllW¢i81 s14tanrnts. Hlre purehlse and Iwillg commitmeuts Relltais paid under operatin8 ie&8e8 ¢harg¢d kn th¢ StatEllL¢nt of Firmncial AGtivities on a 8tr8i8ht lin¢ bdsi8 ov¢r the period of thc le&8e. Pa8¢ 7 continued...
South Ridgeway Community Association Notes to tbe FinanciAI Statements- eoDtinued for the Year Ended 31 August 2023 CHARITABLE ACTIVITIES COSTS Support eosts (se¢ note 3) Direct Costs Totals Commurtity Hub 47,672 1,571 49.243 SUPPORT COSTS Management Finance Totals Comnn]rrity Hub 1,567 .571 NET INCOMEI(EXPENDITURE) Net iwomel(expenditure) is 5tat¢d after chaTgiDgl(itIg)'. Period 22.8.21 Year End¢d 31.8.23 31.8.22 D¢precialion- owTred assets Hire of plant and machinery 30.791 60 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, r¢mun¢ratiou or other benefits for the yw ended 31 August 2023 nor for the period ended 31 August 2022. Truslees. expenses Th¢r¢ w¢r¢ no Iwstees, expenses paid for the year ended 31 August 2023 nor for the period ended 31 August 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnrestrÉcted nd Restricted fund Total nds INCOME AND ELYDOWMENTS FROM Donations and legacies 11,396 11,396 Charitable acttvities Development of Community Hub SI,0 392,738 443,738 Totsl 62,396 392,738 455,134 EXPENDITURE ON Charitable activitie5 Development of Community Hub 180 601 781 Page 8 continued... AShrn0 & Co.
South Ridgeway Community A55OCiation Notss to the Financial Stat¢ments- conlinued for the Year Ended 31 August 2023 COMPARATIVES FOR THR STATEMENT OF FINANCIAL AcfiviTIES- continued Unrestricted Restricted fimd fvnd Total fimds NET INCOME 62.216 392,137 454.353 RECONCILIATION OF FUNDS Total funds brought fonvard 20,174 545,804 565.978 TOTAL FUNDS CARRIED FORWARD 82J90 937,941 1,020,331 TANGIBLE FIXED ASSETS Frc¢hold property Plt and machinery Computer equiprnent Tolals COST At I September 2022 Addilions 937,782 214,464 19.676 31,326 957.458 246,385 595 At 31 August 2023 1,152246 51,002 595 ,203,843 DEPRECIATION At I September 2022 Charge for year 661 7,551 661 30,791 23,044 196 At 31 August 2023 23.044 8.212 196 31,452 NET BOOK VALUF. At 31 August 2023 1,129,202 42,790 399 1,172,391 At 31 August 2022 937,782 19,015 956,797 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.23 31.8.22 Trade debtors 2,805 Page 9 continued... Aghmok 8 Co.
South Ridgeway Community Association Notes to the Financial Statem¢nt$- contlDlled for the Year Ended 31 August 2023 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.23 31.8.22 Trade creditors Other creditors 22,963 200 23,163 io. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.8.23 31.8.22 Bank loaDs {see note I l) 36,000 LOANS An analysis of the maturity of loans is given below: 31.8.23 31.8.22 Amounts falling due in more than rtve years.. Repayable by instalmcnts.. Bank loans more 5 yr ty instsl 36.(NJO 12. MOVEMENT IN FUNDS Net moyement in funds At 31.8.23 At 1.9.22 Unrestricted funds Generdl fvnd 82,390 (3,170) 79.220 Restrieted fund5 Conununity Hub 937,941 136,038 ,073.979 TOTAL FUNDS 1,020,331 132,868 1,153.199 Page 10 continued... Ashmole & Co.
South Ridgeway Communily Association P4ot¢s to the Financial Sta¢ement$- ¢ontinued for the Year Ended 31 August 2023 12. MOVEMENT IN FUNDS- eontinued Net movcment in funds. included in the abov¢ ar¢ as follows: In¢oming resources Resowces expended Movement in fvnds Unrestricted Illd5 General fvnd 16,341 (19,511) (3,170) Restricted funds Community Hub 165,770 (29,732) 136,038 TOTAL FUNDS 182.111 (49,243) 132,868 Comparative8 for movetnent in fuDd$ Net ovemtnt irt funds Ai 22.8.21 At 31.8.22 UDf¢5tricted funds General fund 20,174 62216 82.390 Restrieted funds Conununity Hub 545,804 392,137 937,941 TOTAL FUNDS 565,978 454,353 ,020,331 Cornpar21ive nei movement in fund$, included in the above are &$ follows.. Incoming Tesourccs Resources cxpended Mtsvemenl in fund5 Unrestricted funds General fund 62,396 (180) 62216 Restrieled funds Community Hub 392.738 (601) 392,137 TOTAL FUNDS 455,134 (781) 454,353 Pag¢ 11 continued... A3hr0 & Co.
South Ridgeway Comm¥Jnity Association Notes to the FinaD¢ial St8ternents- ¢ontiDued for tbe Year Ended 31 August 2023 13. RELATF.D PARTY DISCLOSURES 'rhere were no related paty transactions for the year ¢nd¢d 31 August 2023. Page 12 ASh[tle & CD.
South Ridgeway Com)nunity Association Detailed Statement of FinanciAI Activities for the Year Ended 31 August 2023 Period 22.8.21 to Year Endcd 31.8.23 31.8.22 INCOME AND ENDOWMENTS Donations #nd legaeiei Donations 6,839 11.396 ChAri¢abl¢ *ctivi¢i¢s Classes Inhouse events Exiernal events CoJrllnunity rooms Grants Weddings InlM)u9e bar events 1,770 957 1,415 3,183 165.770 1,350 827 443,738 175,272 443,738 Total 1coming resources 182,111 455.134 EXPENDITURE Charitable activities Sub tontractor5 Wages Hire of plan¢ and nmchinery Rates and water Insurance Computer services 2,300 2,637 805 3,259 141 5.446 13 20 267 75 378 891 643 30,791 Heat & lighi Companies House fee Lottery licence REpairs & renewa15 Iphouse evenl costs External event costs Landsc4)ing ctssts Purcha5¢s of ¢vent food & drink Depreciation of tangible f]xed assets 600 13 20 60 47,672 693 Support eosts Management Advertising & marketing costs Canied fotward 315 315 This page does M)t forEn part of the StatOry fjnancial statements Page 13 Ashmole &Co.
South Ridg¢w8y Community A350Ciltion Detailed Statement of Financial Activities ror the Year Ended 31 August 2023 Period 22.8.21 Year Ended 31.8.23 31.8.22 Managemeut Brought forward Postage and stationery I'elephone & intemet costs Sundries 315 497 665 90 88 1,567 88 Finance Credit card fees 1.otal resources eXpeded 49,243 781 Net Income 132,868 454,353 This pag¢ does noi forn] part of the ststtrtory financial stat¢m¢nts Page 14 Ashmole &Co.