Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED FINANCIAL STATEMENTS
Year ended 31 March 2024
Company Registration Number 08152352 Charity Number 1150688
Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
| CONTENTS | PAGE |
|---|---|
| Reference and administrative details of the charity and its | |
| advisors | 1 |
| Trustees’ annual report | 2 to 6 |
| Independent Examiners report | 7 |
| Statement of financial activities (including income and | |
| expenditure account) | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 to 16 |
Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS ADVISORS
YEAR ENDED 31 MARCH 2024
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: Robert Acton- Campbell Chair Anna Zakrzewska resigned July 2023 Suzanne Proctor Alexandra Charles Nicholas Burroughs Treasurer resigned June 2023 Keith Cross Treasurer appointed July 2023 Key Management Personnel Anthony Meese-Kennedy, Centre Co-ordinator Bankers CAF Bank, 25 Kings Hill Avenue, Kings Hill, Kent, ME19 4TA Independent Joanne Trowbridge MAAT Examiners Bristol Community Accountants CIC The Park, Daventry Road, Bristol, BS4 1DQ
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
St George Community Association Limited
The Trustees present the Report and Accounts for the year ended 31 March 2024 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 24 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
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
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 (SGCA) had a busy and successful 2023-24. The Community Centre experienced increased use as a venue for a diverse range of regular activities and groups, as well as one-off events, social gatherings and meetings for local community and religious groups.
We have added a new community information board and an external defibrillator in the garden with the help of CIL funding. The defibrillator forms part of a network for emergency use – call 999 to receive a code for access in an emergency.
SGCA worked with local businesses with the help of a Bristol City Council High Streets and Culture grant to promote businesses on Church road by using local shops as evening music venues and by organising events at the Community Centre promoting local businesses, produce, artists and performers.
The organisation continues to support local groups and provide a platform for community and volunteer activity in the area networking closely with the Friends of St George Park Group and an informal network of Community hubs locally.
Regular Groups:
There has been an increase in the number of regular groups running at the Community Centre weekly or Monthly in 2023-24. Around 20 regular groups keeping us near capacity for regular slots. These include, children’s playgroups, the Time For Tots Group, our long-running 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, religious Groups, Blood donors, Diabetes support group, band rehearsals, LGBT parent support. Our emphasis is to provide a safe, useful resource for everyone. We prioritise groups that fit with our charitable aims of improving health, well -being and recreational opportunities for the people of St George and neighbouring areas.
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 from hirers and users.
Events:
Our grant from BCC to promote high streets and culture concluded in September 2023. From April to September the grant helped us run three unusual music events, called the St George Sessions, two in local shops, one outside the Community Centre. Other events were a spring Bunny Hop Market, a summer market and our big children’s play event, Toddlefest which attracted well over 1400 people into the Community Centre and park.
Since the grant end, SGCA continued to fund, staff and organise seasonal community events, using the model it developed with help from the BCC High Streets and Culture Grant. We had a very popular
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
festive event in December, Santa showed up with much appreciated free gifts, choirs sang, stalls and seasonal gifts were perused. A Christmas tree was decorated by attending children and a merry time was had by over 400 people. We followed this in March with another Spring Bunny hop with an egg hunt, entertainment and stalls. The Centre was at capacity for all events throughout the day, pictures and feedback on our Facebook site were all positive.
Much thanks is due to all our trustees and volunteers who do so much to support events from poster design to serving teas, setting up, decorating, publicity and delivery.
Local Groups:
SGCA increased its involvement supporting local groups.
We act as a holder of funds for Friends of St George Park, and the Park Playground improvement fund. The Friends of St George Park Group continue to operate much has it has in the past, but with SGCA now acting as an umbrella organisation, sharing resources and volunteers.
We continue to provide a legal structure for fundraising and activities of small groups in the area. We are keen to support un-constituted community groups in providing a legal structure for fundraising and activities.
We were able to help secure funding from Bristol City Council for Bike Bristol to run workshops through the Centre in 2023.
We have agreements to hold funds for Park playground improvement, FSGP, and Nicholas Wanderers AFC. In 2023-4 the Community Association increased our capacity and involvement in support around themes of Play, health, environment and recreation in the park and beyond through closer involvement with local groups.
We set up quarterly meetings with other community hubs, (Meadow Vale, Hillfields, Beehive community Centres, the Ark Bus and local councillors) to touch base, share good practice and coordinate our activities and priorities.
Committee / Trustee Changes:
Rob Acton Campbell has been our acting chair for this year and has agreed to continue into the coming year.
Our treasurer Nick Burrows stepped down from his role to be replaced by Keith Cross, who has much experience of working in finance in the private and charitable sector.
A priority for 2024 /25 is to increase the membership of SGCA and recruit more trustees from the local community.
Finance
See separate Report produced by our Treasurer.
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
Community Centre Building
The new long-term lease on the building was completed with Bristol City Council in June 2023 meaning we have ownership for the next 33 years.
There remain some access and signage improvements to complete under Cil funding.
The centre was gifted a selection of old photographs of the area that are now permanently displayed on the entrance hall walls. The photos had previously been in the Fountain Café on Church Road which sadly closed in the summer of 2023.
Our next improvements to the building 2024-25 will be looking at increasing storage space, replacement of the old boiler with heat pump and solar panels.
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 volunteer sector.
We are committed to making St George Community Association relevant and useful and The Community Centre a welcoming and inclusive space for all.
Rob Acton-Campbell Chair of Trustees 18[th] September 2024
Finance Report
Our treasurer, Keith Cross, has made the following comments on the financial results for the year:
-
The hall income from bookings for parties showed a decline on the previous year probably due to the pressure on family budgets as the result of inflation. However the regular group hires recorded a marked increase which more than compensated for the fall in the former category.
-
In general terms the regular outgoings for the running costs of the community centre were adequately controlled compared to the previous year. Anthony our manager increased his hours during the year so this has resulted in proportionately higher management employment costs.
-
British City Council has continued to support the Centre’s charitable objects in the form of specific grants. In total terms these grants were lower than 2022/23 so they went back to the level experienced in 2021/22. This decline is attributable to changes in the availability of grants suitable to the charity’s purposes.
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
-
Although hall hire rates were unchanged over the course of the year it is anticipated that these will need to be increased slightly before the end of the 2024/25 year due to inflationary inputs experienced.
-
We are acting as fund holders for two affiliated groups being the Friends of St George Park and Play in St George Park. As at 31/03/24 these funds amounted to £6,973 for the former and £10,579 for the latter entity. These monies are accordingly accounted for separately from the charity’s General and Restricted Funds.
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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
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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
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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.
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.
6/11/2024
Approved by the trustees on ………………………………………..
and signed on its behalf by …………………………………………… 057314070BC34A9...
Robert Acton-Campbell - Director
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED INDEPENDENT EXAMINERS REPORT
YEAR ENDED 31 MARCH 2024
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 8 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
18/11/2024 …………………………… ……………………………… [FreC2F8368E1B574EA... by: Bristol Community Accountants CIC The Park Daventry Road Knowle Bristol BS4 1DQ
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)
Year ended 31 March 2024
| Note Income and Endowments from: Donations and legacies 3 Other trading activities 4 Investments Total Income Expenditure On: Charitable activities 6 Other 7 Total Expenditure Net income Gross transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 72 29,693 123 |
Restricted Funds £ 10,200 - - |
Total Funds 2024 £ 10,272 29,693 123 |
Total Funds 2023 £ 20,217 28,599 71 |
|---|---|---|---|---|
| 29,888 | 10,200 | 40,088 | 48,887 | |
| 32,472 878 |
23,644 - |
56,116 878 |
40,316 1,948 |
|
| 33,350 | 23,644 | 56,994 | 42,264 | |
| (3,462) 2,027 |
(13,444) (2,027) |
(16,906) - |
6,623 - |
|
| (1,435) 44,756 |
(15,471) 18,995 |
(16,906) 63,751 |
6,623 57,128 |
|
| 43,321 | 3,524 | 46,845 | 63,751 |
All of the activities of the charity are classed as continuing
The notes on pages 10 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 2023 total funds between unrestricted and restricted are shown in note 18
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
BALANCE SHEET
Year ended 31 March 2024
| 31-Mar | 31-Mar | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 15 | 1,975 | 380 |
| Current assets | |||
| Debtors | 12 | 4,679 | 5,067 |
| Cash at bank and in hand | 59,123 | 59,059 | |
| Total current assets | 63,802 | 64,126 | |
| Creditors : Amounts falling | |||
| due within one year | 13 | (18,932) | (755) |
| Net current assets or liabilities | 44,870 | 63,371 | |
| Total net assets or liabilities | 46,845 | 63,751 | |
| The Funds of the Charity | 16 | ||
| Restricted funds | 3,524 | 18,995 | |
| Unrestricted funds | |||
| General funds | 43,321 | 44,756 | |
| 46,845 | 63,751 |
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.
6/11/2024
These financial statements were approved by the trustees on …………..……. and are signed on their behalf by:
……………………………….
057314070BC34A09... Robert Acton-Campbell - Director
The notes on pages 10 to 16 form part of these financial statements
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
1 Basis of Preparation
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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.
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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.
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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.
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c) 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.
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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.
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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.
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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.
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
Income and Endowments From:
| 3 Donations and Legacies Grants Donations Miscellaneous income Donations and Legacies prior year Grants Donations 4 Other Trading Activities Party bookings Fundraising Hire and lets Toddler and twins hire |
Unrestricted Funds £ - - 72 |
Restricted Funds £ 10,200 - - |
Total Funds 2024 £ 10,200 - 72 |
Total Funds 2023 £ 17,330 2,887 - |
|---|---|---|---|---|
| 72 | 10,200 | 10,272 | 20,217 | |
| Unrestricted Funds £ 150 387 |
Restricted Funds £ 17,180 2,500 |
Total Funds 2023 £ 17,330 2,887 |
Total Funds 2023 £ 6,133 159 21,507 800 |
|
| 537 | 19,680 | 20,217 | ||
| Unrestricted Funds £ 4,124 105 20,209 5,255 |
Restricted Funds £ - - - - |
Total Funds 2024 £ 4,124 105 20,209 5,255 |
||
| 29,693 | - | 29,693 | 28,599 |
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 2024 was £10,200 (2023: £17,330). There are no unfulfilled conditions or contingencies attaching to these grants in the year ended 31 March 2024.
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
Expenditure on:
6 Charitable Activities
| Security Provision for doubtful debt Wages Repairs and renewals Insurance Heat, light, rates and water Telephone Cleaning and gardening Licences and subscriptions Bank charges Miscellaneous Project and event costs Payroll fees Printing Small equipment Depreciation Total expenditure Charitable Activities prior year Security Provision for doubtful debt Wages Repairs and renewals Insurance Heat, light, rates and water Telephone Cleaning and gardening Licences and subscriptions Bank charges Miscellaneous Project and event costs Payroll fees Depreciation Other Governance costs - Independent Examination Accountancy costs Legal and professional fees |
Unrestricted Funds £ 78 231 12,274 1,193 2,248 7,645 500 5,012 298 60 910 - 496 586 282 659 |
Restricted Funds £ - - 11,421 292 - - - - - - - 11,931 - - - - |
Total Funds 2024 £ 78 231 23,695 1,485 2,248 7,645 500 5,012 298 60 910 11,931 496 586 282 659 |
Total Funds 2023 £ 292 1,358 17,636 446 2,108 6,830 445 4,283 245 72 358 5,857 259 - - 127 |
|---|---|---|---|---|
| 32,472 | 23,644 | 56,116 | 40,316 | |
| 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 2023 £ 755 693 500 |
|
| 30,167 | 10,149 | 40,316 | ||
| Unrestricted Funds £ 878 - - |
Restricted Funds £ - - - |
Total Funds 2024 £ 878 - - |
||
| 878 | - | 878 | 1,948 |
- 7 Other
Other prior year - all unrestricted
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
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 Pension |
2024 £ 659 878 |
2023 £ 127 755 |
|---|---|---|
| 2024 £ 23,202 493 |
2023 £ 17,306 330 |
|
| 23,695 | 17,636 |
No employee received emoluments of more than £60,000 (2023: £Nil) The average monthly head count was 1 staff (2023: 1 staff)
The key management personnel of the charity comprise the trustees and the manager. Total employee benefits paid to key management personnel were £25,049 (2023: £18,784).
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No other trustees received payment for professional or other services throughout the year (2023: £nil).
10 Related Party Transactions
There have been no related party transactions during the year (2023: £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 |
2024 £ 3,657 (716) 1,738 |
2023 £ 4,272 (1,358) 2,153 |
|---|---|---|
| 4,679 | 5,067 |
13 Creditors: amounts falling due within one year
| Creditors Funds held as agent on behalf of other entities (note 19) Accruals and deferred income |
2024 £ 89 17,552 1,291 |
2023 £ - - 755 |
|---|---|---|
| 18,932 | 755 |
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
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
| Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 16 Movement in funds Restricted funds Bristol City Council Community Infrastructure Levy General funds Total funds Purpose of funds Bristol City Council Community Infrastructure Levy |
At 01-Aug 2023 £ 11,328 7,667 |
Fixtures & Fittings £ 2,013 1,705 |
Equipment £ 400 549 |
Total £ 2,413 2,254 |
At 31-Mar 2024 £ - 3,524 |
|---|---|---|---|---|---|
| 3,718 | 949 | 4,667 | |||
| 1,717 501 |
316 158 |
2,033 659 |
|||
| 2,218 | 474 | 2,692 | |||
| 1,500 | 475 | 1,975 | |||
| 296 | 84 | 380 | |||
| Incoming resources £ 10,200 - |
Outgoing resources £ (21,528) (2,116) |
Transfers £ - (2,027) |
|||
| 18,995 | 10,200 | (23,644) | (2,027) | 3,524 | |
| 44,756 | 29,888 | (33,350) | 2,027 | 43,321 | |
| 63,751 | 40,088 | (56,994) | - | 46,845 | |
| St George Community Network and seasonal cultural events Improving access and energy saving measures at St George Community Centre |
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Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
17 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities |
Unrestricted Funds £ 1,975 60,278 (18,932) |
Restricted Funds £ - 3,524 - |
Total Funds 2024 £ 1,975 63,802 (18,932) |
|---|---|---|---|
| 43,321 | 3,524 | 46,845 |
18 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP
| Incoming and Endowments from: Donations and legacies Other Trading activities Investments Total income Expenditure On: Charitable activities Other Total expenditure Net Income Net movement in funds Total funds brought forward Total funds carried forward Analysis of net assets between funds - previous year Tangible fixed assets Current assets Current liabilities |
Unrestricted Funds £ 537 28,599 71 |
Restricted Funds £ 19,680 - - |
Total Funds 2023 £ 20,217 28,599 71 |
|---|---|---|---|
| 29,207 | 19,680 | 48,887 | |
| 30,167 1,948 |
10,149 - |
40,316 1,948 |
|
| 32,115 | 10,149 | 42,264 | |
| (2,908) (2,908) 47,664 |
9,531 9,531 9,464 |
6,623 6,623 57,128 |
|
| 44,756 | 18,995 | 63,751 | |
| Unrestricted Funds £ 380 45,131 (755) |
Restricted Funds £ - 18,995 - |
Total Funds 2023 £ 380 64,126 (755) |
|
| 44,756 | 18,995 | 63,751 |
- 15 -
Docusign Envelope ID: 16AF3BEB-6D88-43EE-A549-B0EB6089654B
ST GEORGE COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
19 Funds held as agent on behalf of other entities
| Friends of St George Park Play in St George Park |
Balance held 2023 £ - - |
Income £ 7,273 10,579 |
Expenditure £ (300) - |
Balance held 2024 £ 6,973 10,579 |
|---|---|---|---|---|
| - | 17,852 | (300) | 17,552 |
- 16 -