2023-03-31-accounts - St George Community Association Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED FINANCIAL STATEMENTS

Year ended 31 March 2023

Company Registration Number 08152352 Charity Number 1150688

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

CONTENTS	PAGE
Reference and administrative details of the charity and its
advisors	1
Trustees’ annual report	2 to 7
Independent Examiners report	8
Statement of financial activities (including income and
expenditure account)	9
Balance sheet	10
Notes to the financial statements	11 to 16

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS ADVISORS

YEAR ENDED 31 MARCH 2023

Charity Name	St George Community Association Limited
Company number	08152352
Charity number	1150688
Registered office and	321 Church Road, St George, Bristol, BS5 8AA
operational address
Trustees	Trustees, who are also directors under company law, who
	served during the year and up to the date of this report were as
	follows:
	Tamsin Harcourt Chair resigned May 2022
	Robert Acton- Campbell Chair appointed March 2022
	Anna Zakrzewska appointed May 2021
	Resigned July 2023
	Suzanne Proctor appointed May 2022
	Alexandra Charles appointed February 2023
	Nicholas Burroughs appointed February 2023
	resigned June 2023
Key Management
Personnel	Anthony Meese-Kennedy, Centre Co-ordinator
Bankers	CAF Bank, 25 Kings Hill Avenue, Kings Hill, Kent, ME19 4TA
	Lloyds Bank, 25 Gresham Street, London, EC27 7HN
Independent	Joanne Trowbridge MAAT
Examiners	Bristol Community Accountants CIC
	The Park, Daventry Road, Bristol, BS4 1DQ

- 1 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2023

St George Community Association Limited

The Trustees present the Report and Accounts for the year ended 31 March 2023 which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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).

Legal Structure, Governance and Management

The charity is constituted as a company limited by guarantee, registered under the Companies Acts and its governing document is a memorandum and Articles of Association under company legislation.

Its certificate of incorporation is dated 23 July 2012 and the last amendment to the governing document is dated 24 January 2013.

By operation of law, all trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation. The trustees are all individuals.

Method of Recruiting and Appointing New Charity Trustees

Charity trustees are local residents of St George and Redfield. We advertise trustee vacancies at the community centre, on local noticeboards, through the local paper and on VOSCUR website.

Trustee Induction and Training

We ask Trustees to complete an application process including providing two references. We provide all new Trustees with a policy handbook and provide any necessary training on an ongoing basis

Organisational structure

We employ a part-time Centre Manager (currently 20 hours per week) who reports directly to the Chair of Trustees. The Manager organises day-to-day running of the community centre, taking bookings, arranging maintenance and liaising with our regular hirers. The manager is responsible for ensuring legal compliance, business planning, admin, development, fundraising and income generation as well as representing the organisation to stakeholders, external organisations and partners.

Objectives and Activities

The purposes of the charity as set out in its governing document

Promote the benefit of the inhabitants of St. George, Redfield, Speedwell and Whitehall without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating the said inhabitants and the local authorities, voluntary and other organisations in a common effort to

- 2 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2023

advance education and to provide facilities in the interest of social welfare for recreation and leisuretime occupation with the object of improving the conditions of life for the said inhabitants.

Establish, or secure the establishment of, a community centre and to maintain and manage the same in furtherance of these objects.

The main activities undertaken in relation to those purposes during the year

St George Community Association undertook the following main activities:

We continue to provide an affordable venue for community groups and local residents.

We have also held several public meetings on subjects important to local residents and held community events to bring different groups together.

The main activities undertaken during the year to further the charity’s purpose for public benefit

St George Community Association Limited aims to benefit the public by providing an affordable community venue for local groups and residents. The trustees have had regard to the Charity Commission guidance on public benefit in managing the activities of the charity.

The main achievements and performance of the charity during the year

Introduction:

St George Community Association (SGCA) has had a successful year, increasing its role in the community and continuing to rebuild its various activities post covid. The Community Centre has continued to facilitate a diverse range of regular groups, as well as one-off events, social gatherings and meetings for local community and religious groups. We have added interest to the garden space with a blackboard and improvements to the look of the building with planting and hanging baskets. There has been a significant increase in the use of the centre as a weekend party venue, and general enquiries and use by regular groups has also increased.

The organisation continues to support local groups and provide a platform for community and volunteer activity in the area.

Regular Groups:

Between 15 and 20 regular groups are facilitated at the Community Centre weekly or regularly, including several different yoga groups, several playgroups including the Time For Tots Group, our longrunning regular group supported by SGCA and volunteers, dance groups, Tae Kwon Do, Tai Chi, Foster Parents Support Group, community Choir, Women Self Defence classes, Bike Maintenance and support, increased use by Religious Groups, Blood donors, Diabetes support group, band rehearsals, LGBT parent support with an overall emphasis in providing a safe, useful resource for everyone. Our organisation has been committed to supporting the diverse interests and needs of the local community, which has been reflected in the popularity of these groups. Positive feedback form hirers and users.

Events:

This year SGCA has directly funded, staffed and organised seasonal community events. Twenty Twenty Two saw our crafty tabletop sale in April, the Arts Trail in May, “Toddlefest” our Summer Fair for young Families in August was tremendously successful in terms of numbers (800 estimate) and positive feedback, also our Jumble Sale, Craft Fair and pop-up Cafe in the summer. With additional funding from Bristol City Council High Streets Culture and Events Programme, our Christmas market, and Spring Fair

- 3 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2023

organised with local groups and traders saw around 2000 local people enjoying treasure hunts, face painting, shopping, music and crafts.

SGCA has also provided funding and support for the weekly family support group Time For Tots run by one of our local volunteers. Earlier in 2022 we also ran weekly Wild Tots focussing on outdoor play with SGCA volunteers organising.

Community Resilience Fund:

SGCA was the lead organisation locally for the Community Resilience Fund, which was funding to help local groups “Build Back Better” post Covid. This allowed us to network with community organisations across the city and resulted in SGCA supporting the development of a bid from Meadow Vale Community Association for building improvements. Work with the Community Resilience fund team also allowed for strategic work in the charity that will feed into our business planning and our understanding of how the organisation fits in the wider voluntary sector in the city.

Local Groups:

SGCA plans to increase its involvement supporting local groups. We have in the last year begun to rationalise what was called the St George Community Network comprising a number of different groups under the general heading of St George Community Association.

Last year we were able to act as a holder of funds for three small local organisations and we hope to continue to provide a legal structure for fundraising and activities of small groups in the area. We were able to help secure funding from Bristol City Council for Bike Bristol to run workshops through the Centre.

In the last few months we agreed to support more directly the work of Friends of St George Park Group. The group has now formally become part of SGCA and funds from its bank account will be moved to the SGCA account.

The Friends of St George Park Group will continue to operate much has it has in the past, but with SGCA now acting as an umbrella organisation, sharing resources and volunteers and a desire to contribute to the wellbeing and opportunities for recreation and enjoyment in the area. This has already increased our capacity and involvement in support around themes of Play, Health and Recreation.

We are pleased that the group has been successful in being awarded grants to improve the play area in the park, these grants will be managed by SGCA.

High Streets Culture and Events Programme:

Community Fairs and Markets funded by the High Streets Culture and Events Programme have allowed us to work directly with the local business community, as well as increasing visibility for the work of the charity and community centre. We have also supported through this fund a recent music event in local shops. This finding continues into this financial year allowing us to plan more events and to reach out more effectively to local traders and increase our support for engaging community events.

Committee / Trustee Changes:

Anna, our treasurer for the last 2 years, has stepped down from her role. At our Annual Meeting in May we reported that Nick (who was a committee member of Friends of St George Park) had been appointed as her replacement. Unfortunately, Nick, had to stand-down himself in early June 2023 for health reasons. Anna kindly agreed to assist with the preparation of the final financial report for

- 4 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2023

2022/23 in Nick’s absence. We are pleased to be able to report that a local resident, Keith, has agreed to take on the role and was appointed at the trustees meeting on 30[th] July 2023.

Rob has been our acting chair for this year and has agreed to continue into the coming year.

We have recently welcomed a new trustee Alex and new committee members Ellie and Jack. Thank you to Faye (our events organiser) for putting much work into our event planning and delivery. Much thanks is also due to all our trustees who volunteer to support events from poster design to serving teas at events.

A priority for 2023 / 24 is to increase the membership of SGCA and recruit more trustees from the local community.

Finance

Our outgoing Treasurer, Anna Zakrzewska, presented a summary report for our annual meeting in May.

The main points highlighted by Anna were that

there had been a significant rise in regular group hires for the Community Centre;
charges for ‘heat & light’ for the Community Centre were the largest cost after wages and had
increased significantly from c£1,800 in 2021/22 to c£5,200 in 2022/23
funds had been returned from the artist who had been commissioned prior to the pandemic
to design & construct an arch for the entrance from the park, this is not now being progressed;
As funder, Bristol City Council had agreed to a SGCA proposal for alternative use of the above
and the balance of this Community Infrastructure Levy (CIL) funding.

The other Trustees and Centre Manager wish to than Anna for her excellent work over a number of years and wish her well for the future.

Community Centre Building

A 35-year lease (from the 2[nd] October 2021) has been agreed with Bristol City Council and was signed by the Trustees in January 2023. This is now being progressed through the final legal process and registration with the Land Registry.

As mentioned in the Financial report, agreement has been reached for spending the outstanding CIL funds. This will include the installation of an external defibrillator which will be available to the community for emergency use.

Conclusion

Over the past year, SGCA has continued to work towards its mission of supporting and improving opportunities for health and wellbeing of people in the St George area. The Community Centre has provided a space for regular groups, one-off events, social gatherings, and meetings for local community and religious groups. SGCA has continued to work with Bristol City Council local groups and our various funders.

Our plans for the coming year will be detailed in our updated business plan, which includes a continuation of our seasonal events and support for other local groups in the voluntary sector. We plan improvements to the building in terms of better access, updating the entry system and installing a welcoming notice board at the entrance to the garden.

- 5 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2023

We are committed to making St George Community Association relevant and useful and the Community Centre a welcoming and inclusive space for all.

Thank you to Anthony, our Centre Manager, for his enthusiastic work over the course of the year – and for putting together this report.

Rob Acton-Campbell Chair of Trustees 30[th] July 2023

Financial review

We are in the process of updating our financial projections for the coming years in line with our new business plan and are satisfied that the organisation remains on a secure footing financially.

Reserves policy

It is our policy to maintain six months of running costs as reserves. Historically we have estimated this reserves value to be £12,000, with £9,000 held as a minimum reserve. With recent changes in the management structure and inflation we will review this estimate in the next financial year.

Statement of responsibilities of the Management Committee

The trustees who are also the charity trustees have prepared financial statements for the financial year, which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income or expenditure, of the charitable company for the year. In preparing those financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

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 which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charitable company, and hence for taking reasonable steps for the prevention and detection of fraud and any other irregularities.

The trustees confirm that to the best of their knowledge there is no information relevant to the independent examination of which the examiners are unaware. The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant examination information and that this information has been communicated to the examiners.

- 6 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2023

Independent examiners

Joanne Trowbridge of Bristol Community Accountants CIC was appointed as the charitable company’s independent examiner during the year. Joanne Trowbridge is a member of the Association of Accounting Technicians.

16/11/2023

Approved by the trustees on ………………………………………..

and signed on its behalf by ……………………………………………

Robert Acton-Campbell - Director

- 7 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED INDEPENDENT EXAMINERS REPORT

YEAR ENDED 31 MARCH 2023

I report on the accounts of the company for the year ended 31 March 2023 which are set out on pages 9 to 16.

Responsibilities and basis of report

As the charity’s trustees of the 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 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 2011 (‘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 matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

Joanne Trowbridge MAAT

16/11/2023 …………………………… ……………………………… Bristol Community Accountants CIC The Park Daventry Road Knowle Bristol BS4 1DQ

- 8 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

Year ended 31 March 2023

Unrestricted Funds £ 537 28,599 71	Restricted Funds £ 19,680 - -	Total Funds 2023 £ 20,217 28,599 71	8 months ended 31/03/2022 Total Funds 2022 £ 11,776 14,755 -
29,207	19,680	48,887	26,531
30,167 1,948	10,149 -	40,316 1,948	21,614 691
32,115	10,149	42,264	22,305
(2,908)	9,531	6,623	4,226
(2,908) 47,664	9,531 9,464	6,623 57,128	4,226 52,902
44,756	18,995	63,751	57,128

All of the activities of the charity are classed as continuing

The notes on pages 11 to 16 form part of these financial statements

As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

Details of the allocation of 2022 total funds between unrestricted and restricted are shown in note 18

The comparative figures stated in the statement of financial activities, balance sheet and the related notes are for 8 months from 1 August 2021 to 31 March 2022 and as a result are not comparative figures.

- 9 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

BALANCE SHEET

Year ended 31 March 2023

Note Fixed assets Tangible fixed assets 15 Current assets Debtors 12 Cash at bank and in hand Total current assets Creditors : Amounts falling due within one year 13 Net current assets or liabilities *Total net assets or liabilities* The Funds of the Charity 16 Restricted funds Unrestricted funds General funds	31-Mar 2023 £ 380 5,067 59,059	31-Mar 2022 £ 507 1,499 57,344
	64,126 (755)	58,843 (2,222)
	63,371	56,621
	63,751	57,128
	18,995 44,756	9,464 47,664
	63,751	57,128

The directors are satisfied that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies' regime and in accordance with FRS102 SORP.

16/11/2023

These financial statements were approved by the trustees on …………..……. and are signed on their behalf by:

……………………………….

Robert Acton-Campbell - Director

The notes on pages 11 to 16 form part of these financial statements

- 10 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2023

1 Basis of Preparation

a) 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 Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

b) The accounts have been prepared on the assumption that the charitable company is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves and support from the local Council. There are no material uncertainties about the charitable company's ability to continue as a going concern.
c) Amounts presented for the 2022 reporting period are for an 8 month period to 31st March 2022. As the comparative figures are for an 8 month period the statement of financial activities, balance sheet and related notes are not entirely comparable to the current year.
d) The charity meets the definition of a public benefit entity as defined by FRS 102.
2 Accounting Policies
a) Income from donations is included in income when these are receivable, except as follows:

i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.

ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.

b) Expenditure is recognised in the period in which it is incurred. Expenditure includes attributable VAT which cannot be recovered.
c) Expenditure is allocated where the costs relate directly to that activity. Support costs have been allocated on the basis of the resources used on the particular activity.
d) Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Fixtures and Fittings - 25% reducing balance.
Computer Equipment - 25% reducing balance
e) Unrestricted funds are available to spend on activities that further any of the purposes of the charitable company. Designated funds are unrestricted funds of the charitable company which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charitable company's work or for specific projects being undertaken by the charitable company.
f) The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
g) The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. Pension costs charged in the financial statements represent the contribution payable by the charitable company during the year.

- 11 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2023

Income and Endowments From:

Unrestricted Funds £ 150 387	Restricted Funds £ 17,180 2,500	Total Funds 2023 £ 17,330 2,887	Total Funds 2022 £ 11,552 224
537	19,680	20,217	11,776
Unrestricted Funds £ 8,000 224	Restricted Funds £ 3,552 -	Total Funds 2022 £ 11,552 224	Total Funds 2022 £ 5,134 245 9,213 163
8,224	3,552	11,776
Unrestricted Funds £ 6,133 159 21,507 800	Restricted Funds £ - - - -	Total Funds 2023 £ 6,133 159 21,507 800
28,599	-	28,599	14,755

Other Trading activities prior year - all unrestricted

5 Government Grants

The charitable company receives government grants defined as funding from Bristol City Council to fund charitable activities. The total value of such grants in the period ending 31 March 2023 was 17,330 (2022:11,552). There are no unfulfilled conditions or contingencies attaching to these grants in the year ended 31 March 2023.

- 12 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2023

Expenditure on:

6 Charitable Activities

Unrestricted Funds £ 292 1,358 - 13,225 446 2,108 6,830 445 4,283 245 72 358 119 259 127 -	Restricted Funds £ - - - 4,411 - - - - - - - - 5,738 - - -	Total Funds 2023 £ 292 1,358 - 17,636 446 2,108 6,830 445 4,283 245 72 358 5,857 259 127 -	Total Funds 2022 £ 624 - 147 11,694 73 1,433 1,984 213 2,862 - 64 29 2,066 - 170 255
30,167	10,149	40,316	21,614
Unrestricted Funds £ 624 - 6,361 - 1,433 1,984 213 2,862 64 - 18 170 255	Restricted Funds £ - 147 5,333 73 - - - - - 29 2,048 - -	Total Funds 2022 £ 624 147 11,694 73 1,433 1,984 213 2,862 64 29 2,066 170 255	Total Funds 2022 £ 499 192 -
13,984	7,630	21,614
Unrestricted Funds £ 755 693 500	Restricted Funds £ - - -	Total Funds 2023 £ 755 693 500
1,948	-	1,948	691

Other prior year - all unrestricted

- 13 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2023

8 Net incoming resources for the year

This is stated after charging: Depreciation of owned fixed assets Independent Examiner's Fees 9 Staff costs and numbers The aggregate payroll costs were: Wages and Salaries Social Security Costs Pension	2023 £ 127 755	2022 £ 170 499
	2023 £ 17,306 - 330	2022 £ 11,694 655 196
	17,636	12,545

No employee received emoluments of more than £60,000 (2022: £Nil) The average monthly head count was 1 staff (2022: 1 staff)

The key management personnel of the charity comprise the trustees and the manager. Total employee benefits paid to key management personnel were £17,604 (2022: £11,039).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022:£nil). No other trustees received payment for professional or other services throughout the year (2022:nil).

10 Related Party Transactions

There have been no related party transactions during the year (2022: £nil)

11 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

12 Debtors

Debtors Provision for doubtful debt Prepayments and accrued income Creditors: amounts falling due within one year Creditors Accruals and deferred income	2023 £ 4,272 (1,358) 2,153	2022 £ 1,499 - -
	5,067	1,499
	2023 £ - 755	2022 £ 1,503 719
	755	2,222

13 Creditors: amounts falling due within one year

- 14 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2023

14 Company limited by guarantee

The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.

15 Tangible fixed assets

At 01-Aug 2022 £ - 745 3,552 5,167	Fixtures & Fittings £ 2,013	Equipment £ 400	Total £ 2,413	At 31-Mar 2023 £ - 11,328 - 7,667
	2,013	400	2,413
	1,618 99	288 28	1,906 127
	1,717	316	2,033
	296	84	380
	395	112	507
	Incoming resources £ 1,700 15,480 - 2,500	Outgoing resources £ (1,700) (4,897) (3,552) -	Transfers £ - - - -
9,464	19,680	(10,149)	-	18,995
47,664	29,207	(32,115)	-	44,756
57,128	48,887	(42,264)	-	63,751

Community resilience Fund Bristol City Council Bristol City Council Travel West Community Infrastructure Levy

Recovery and resilience of the voluntary and community sector St George Community Network and seasonal cultural events Bike St George Project Improving access and energy saving measures at St George Community Centre

- 15 -

DocuSign Envelope ID: 958AC44F-4BDA-484F-996F-40883E61B9FF

ST GEORGE COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2023

17 Analysis of net assets between funds

Analysis of net assets between funds
Tangible fixed assets Current assets Current liabilities	Unrestricted Funds £ 380 45,131 (755)	Restricted Funds £ - 18,995 -	Total Funds 2023 £ 380 64,126 (755)
	44,756	18,995	63,751

18 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP

Unrestricted Funds £ 8,224 14,755	Restricted Funds £ 3,552 -	Total Funds 2022 £ 11,776 14,755
22,979	3,552	26,531
13,984 691	7,630 -	21,614 691
14,675	7,630	22,305
8,304 1,060 9,364 38,300	(4,078) (1,060) (5,138) 14,602	4,226 - 4,226 52,902
47,664	9,464	57,128

Analysis of net assets between funds - previous year

Analysis of net assets between funds - previous year
Tangible fixed assets Current assets Current liabilities	Unrestricted Funds £ 507 49,379 (2,222)	Restricted Funds £ - 9,464 -	Total Funds 2022 £ 507 58,843 (2,222)
	47,664	9,464	57,128

- 16 -