CHARITY REGISTRATION NUMBER: 1154860 Cutteslowe and District Community Association Unaudited Financial Statements 31 March 2024
Cutteslowe and Dlstrlct Community Assoclatlon Flnanclal Statements Year ended 31 March 2024 Page Trustees, annual report Independent examiner's report to the trustees Statement of financlal activities Statement of financial position Notes to the financial statements The followlng pages do not form part of the flnanclal ststements Detailed statement of financial activities 19 Notes to the detailed statement of financial activities 21
Cutteslowe and Dlstrlct Communlty Assoclatlon Trustees. Annual Report Year ended 31 March 2024 The truste8s present their report arKI the unaudited financlal statements of the charty for the year ended 31 March 2024. Relernnco and admlnlsiratlvo dotalls Regl8l•red charlty name Cutteslowe and Dlstrlct Communlty Assoclation Charliy rnglstratlon number 1154860 Prlnclpal ollleo 31 Wren Road Oxford OX2 7SX Tha Iru81008 N Tuckwell J Davis A Chllds D Anderson H 8aker S Buckley S Mccready S Scheele T Blake (Appolnted 3 July 2023) (Appolnted 3 July 2023) Independ•ni Oxfdmlnor Nicola Jane Cathallader FCCA For and On Behalf of Davld Cadwallader & Co Umited Sulte 3 Blgnell Park Barns Chesterton Blcest6r Oxon OX26 1 TD
Cutteslowe and District Communlty Association Trustees, Annual Report (eonllnued) Year ended 31 March 2024 Structure. governance and managemanl The charity is a charltable incorporated organisation (Charlty Commission No 1154860) whlch was registered on 4 December 2013 arKI is governed by a constitutlon agreed at its annual meeting. Funds from the unlncorporated charity Cutteslowe and Dlstrict Communlty Associatlon (registered charty no. 304340) were donated to the charty on that dats. Trustees are elected at the annual meetlng of the charlty. New trustees are co-opted at other times but their appointment must be confirmed at the next annual meeting. The Association aims to have a board of trustees which: a) contaSns the skills and expertlse (for example Sn personnel, finance, health and safety, safeguardlng, dats protection and prernlses management) whlch are required to run a modern charity effectively, and b) understands the nature of the issues faclng the particular communlty which it seeks to serve and can dovelop strategies to address them. The day-to4ay operations of the Communlty Centre (herelnafter called 'the Centre,) are managed by the Centre Manager who reports dlrectly to the Board of Trustees. From January 2021,Ihls role has bean fulfilled by Stephanie Jankovlc. The trustees meet as a management commltt8e at least 9 tlmes a year. These meetings are frequently attended by an offlclal Irom the Clty Council, local Clty and County Counclllors and the Centre's manager. Others are Invited as necessary. The trustees meet separately as required to consider partlcular Issu68. Sub-committees meet regularly io monltor aspects ot the Association's operations.
Cutteslowe and District Communlty Association Trustees, Annual Report (eontlnued) Year ended 31 March 2024 Objectlvos and acllvltl88 The objectives of the charlty are to: a) promote the benefit of the inhabitants of the araa of benefit without distinctlon of gender, sexual orientatlon, nationality, age, disability, race or of political, religious or other oplnlons by associating together the sald Inhabitants and the statutory authorities, voluntary and other organlsaiions In a common effort to advance education and to provlde facilities in the interests of soclal welfare lor recreation and lelsure time occupation Wilh the object of improving the conditions of Ilfe for the said inhabitants; and, b) establlsh, or secure the establishment, of a CommunFty Centre and to malntaln and manage the same (whether alone or In co-operation with any statutory authority or other person or body) In furtherance of the above objects,, The Assoclatlon shall be non-paty In polltlcs and non-sectarlan In rellglon. The area of benèflt shall be Cutteslowe and the surroundlng district. Acllvltles Its princlpal activities In furtherance of these objectives are a) to malntaln a community centre whlch Is avallable for hire by indlvlduals and groups, and b) to run events and activltles for the benefit of the whole community and for partlcular groups within It. As a general rule projects are not InStlat8d until full funding for them has been secured. The Assoclatlon currently employs a part-time Centre Manager and a part-time asslstanl. Other staff are engaged to assist In the running of partlcular activities as required. The staff are assisted by over 30 volunteers who take an active part In the running ot particular actlvltias th whom the trustees offer thelr warmest thanks. The charlty maintalns strong Ilnks and works with a range of organlsatlons Including govemment agencles, local authoritles, private and state schools, religious establlshments, other charltles, nelghbourhood groups and private trusts. Publlc Benoflt We have referred to the guldance conta5ned Sn the Charity Commission's general guldance on publlc benef5t when reviewing our aims and objectives and In planning our future activities.
Cutteslowe and District Communlty Assoclatlon Trustees. Annual Report (willnuod) Year ended 31 March 2024 Achlevements and p8rformance The Community Centra has continued to build its recovery from the covid affectsd years and by the end of calendar 2024, when thls report was written, th8 Centre was operating at close to the capacity of its buiklings and its staff. Last year we hlghllghted the fact that the lasi siage of refurblshment had been completed. Over the last two years thls has led to a steady rise in the number of occaslons on which our rooms have been hired out, with a partlcularly significant increase in their use by local families for parties and other events. The boost to our Income from room hire has enabled us to olfer free facilities to organisatlons wlth 11tt18 or no income, such as ESOL classes, CStizens Advice, Age UK arKI some local support groups such as for learnino disabllltles. Our principal focus will remain on helplng families and young persons and regrettably there Is Ilttle evldence that economic conditions for them are getting any easier. The Communlty Larder. whlch we hosi and whSch Is organised by Cutteslowe Connected Church, has seen no reductlon In the number of people usSng it, and the Wlshing Tree project matching, anonymously, donors of Christmas gifts wSth chSldren from families In need, expanded by /• this year. Sunnymead Minnows, started after the dem5se of Surestart to help under lives to leam io socialise and prepare for school; contlnues to be fully subscrSbed Where we can we wlll contlnue to offer new or expanded support for our nelghbours. None of what we do could not be made posslble without the support of our stalwart volunteers and the flnancial backing of many of those who 1Sve around us. To both groups we would like to offer our heartlelt thanks. Flnanclal rovl In the financial year ending in March 2024 income and expendlture were vlrtually in balance. We have been able to absorb the post covSd cost Sncreases, the greatest of which were in gas and electricty, and the outlook for the current year Is for fewer cost pressures. Whlle funding is always somewhat hand to mouth we are confldent that with new fundlng and wlth the funds carrled forward from the year under revlew we wlll be able to continue to grow our actlvitles In the coming two years. The trustees, annual report was approved on .. trustees by: 271.Ojl.2£ and signed on behalf of the board of JJ Annc Ilds Chair and Trustae
Cutteslowe and District Communlty Association Independent Examiner's Report to the Trustees of Cutteslowe and Dlstrlct Community Association Year ended 31 March 2024 I report to the trustees on my examinatlon of the financial statements of Cutteslowe and District Community Association I'the charity'l for the year ended 31 March 2024. R88ponslbllltle8 ond bas18 of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charlties Act 2011 (Ihe Act,). I report in respect of my examlnation of the charltys financial statements carried out under sectlon 145 of the 2011 Act and in carrying out my examlnation I have followed all the appllcable Dlr8Ctions given by the Charlty Commisslon under section 145(5)(b) of the Act. Independont examlnor's slatem8nl I have completed my examlnatlon. I conflm that no material matters have come to my attention in connection wlth the examlnation giving me cause to believe that In any material respect.. accountlng records were not kept In respect ol the charity as required by sect5on 130 of the Act; or the financlal statements do not accord wlth those records; or the flnancial statements do not comply with the appllcable requirements concernlng the form and content of accounts set out In the Charitie5 (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a 'true and fail view whlch Is not a matter considered as part of an independent examinatlon. I have no concerns and have come across no other matters in connection wlth the examination to wh5ch attention should be drawn in thSs report in order to enable a proper understanding of the accounts to be reachad. Nicola Jan8 Cadwallader FCCA Independent Examiner For and On Behalf of David Cadwallader & Co Limlted Suite 3 Bignell Park Barns Chesterton Bicester Oxon OX26 1TD 29Joi125
Cutteslowe and District Communlty Assoclatlon ststemenl of Flnanclal Actlvltles Year ended 31 March 2024 2024 Unrestricted Restricted funds funds Total funds Total funds 2023 Notg Income and endowmen18 Donations and legacies Charitable activitles Other trading activities Investment Income 43,521 15,927 1,744 1,178 33,873 77,393 15,928 1,744 1,178 96.243 82,518 13,946 3,370 344 Total Income 62,370 33,873 100,178 Expendlturn Expenditure on charltable activities Total expendltur8 67,156 28,773 28,773 95,929 95,929 122,296 67,156 122,296 Nèt Ineomel{8xp8ndlturo) and nel movemoni In lunds (4,786) 5,100 314 (22,118) Reconclllatlon of fund8 Total funds brought fonvard Toial funds carrled forward 49,637 44,851 14,260 63,897 64,211 86,015 63,897 19,360 The statement of financial activities includes all galns and losses recognised In the year. All income and expendlture derlve from contlnulng activities. Th• noles on pages 8 to 17 lomi part ol the9e Ilnanclal 81atsments.
Cutteslowe and Distrlct Communlty Association ststement of Financlal Posltlon 31 March 2024 2024 2023 Currnni 8858ts Cash at bank and In harKI 66 66,243 Credllors: amounls falllng due wllhln ono yoar Net curreni a88018 15 2.634 2,346 64,211 64.211 64,211 63,897 Total a889ts les• currant Ilabllltles Noi a880ts 63,897 63,897 Funds of the charfty Restricted furKIs Unrestrlcted fuThJs 1584 48,327 64,211 14,260 49,637 63,897 Tolal charlty funds 17 Thes ancial statements ware approved by the board of trustees and authorlsed for issue on and are signed on behalf of th6 board by.. Ann Childs Chalr and True8 Donald Anderson Treasurer arKI Trustee Tho not on page8 8 to 17 form part of th0 Ilnanclal Statemts.
Cutteslowe and District Community Assoclatlon Notes to the Flnanclal Statements Year ended 31 March 2024 Gèneral InfomtIon The charty is a public benefit entty and a registered charity In England and Wales and is unincorporated. The address of the principal office Is 31 Wren Road. Oxford, OX2 7SX. Slatemont of compllanco These financlal statements have been prepared in compllance with FRS 102, 'The Flnanclal Reportlng Standard appllcable in the UK and the Republlc of Ireland,, the Statement of Recommended Practice appllcable to charities preparing their accounts in accordanc8 wlth the Financlal Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charities SORP (FRS 102)) and the Charltles Act 2011. Aceountlng pollcles Basls of prnparatlon The flnancial statements have been prepared on th8 hlstorlcal cost basls, as modrfied by the revaluatSon of certain financial assets and Ilabilities and Investrnent propertles measured at fair value through Income or expendlture. The flnancial statements are prepared in sterling, whlch Is the functional currency of the entity. Golng conc6m The accounts have been prepared on a golng concern basls. Judgemonls and key sources of esllmatlon uneortalnty The preparatlon of the flnancial stat8rn8nts requlres management to make Judgements, estlmates and assumptlons that affect the amounts reported. These estimates and Judgements are continually revlewed and are based on experlence and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounllng Unrestricted funds are general furKls available for the general objeciives of the charity. Designated funds are unreStCl8d reserves that have been set aslde by the Charlty for particular purposes. Restricted funds can only be used for the purposes for which they have been given, wSthin the objective8 of the Charlty. Tho costs of raSslng and admlnistoring such funds are charg•d against those spactflc funds. The various funds are detsiied in the notes to the accounts.
Cutteslowe and District Communlty Assoclation Notes to the Flnanclal Statements Icontlnued) Year ended 31 March 2024 Accountlftg pollciés (contlnuedj Incomlng resources All incomlng resources are Included in the stat8merrt of financial activltl8s when entltlement has passed to the charty; it is probable thal the economic benefits associated with the transaction wlll flow to the charity and the amount can be reliably measured. The following specific policles are applled to particular categories of incorne: Income from donations or grants Is recognised when there Is evidence of entillement to the gift, recelpt is probable and its amount can be measured rellably. legacy Income is recognlsed when recelpt is probable and entltlement is establlshed. income from donated goods is measured at the fair valu6 of the goods unless thls Is Impractlcal to measure reliably, in whlch case the value is derlved Irom the cost to the donor or the estlmated resale value. Donated facilities and seNices are reccgnised In the accounts when rec8lved if the value can be reliably measured. No amounts are included for the contrlbutlon of general volunteers. income from contracts for the supply ol servlces Is recognlsed with the dellvery of the contracted service. Thls Is classified as unrestricted funds unless there Is a contractual requirement for it to be spent on a partScular purpose and returned if unspent, In whlch case it may be regarded as reslrlcted. Ro8ourcè8 8xpended Expendlture is included on the accruals basis arKI Is recognised when there Is a legal or constructlve obllgatlon to pay lor the goods or services. As the Charlty Is not registered for VAT, all expenditure Is shown Inclusive of VAT. Tanglblo a888t8 All capltal expenditure In excess of £1,000, for a slngle Item or a group of slmllar Items, Is capltallsed. Dopreclatlon Depreclation is calculated so as to write off the cost or valuation of an asset. less Its residual value, over the useful econornic Ilfe of that asset as follows: Fixtures & Fittlngs Computer Equipment 200/0 Straight line 330/0 Straight Ilne Impalrment of flxed assets A review for indicators of impairment Is carried out at each reporting date, wlth the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Cutteslowe and District Communlty Association Notes to the Financlal Statements {¢ontlnued) Year ended 31 March 2024 Accouniing pollclos (witlnued) Impalrment of flxed asse18 (conllnu•d) For the purposes of Impainnent testlng, when It is nol possible to estimate the recoverable amount of an individual asset, an estimate 5s made of the recoverable amount of the cash- generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash Inflows from other assets or groups of assets. For impairment testing of goodwlll, the goodwill acquir8d in a business comblnatlon is, from the acquisition date, allocated to each of the cash-generating unSts that are expected to beneflt from the synergies of th8 combination, Irrespectlve of whether other assets or liabilities of the charity are asSned to those unlts. Flnanclal In8trum8nts A flnanclal asset or a flnancial liabillty Is recognSsed only when the charty becomes a party to the contractual provlslon8 of the instrument. Baslc flnancial instruments are Initially recognlsed at the amount receSvable or payable Including any related transaction costs. Current assets and current liabllltles are subsequently measured at the cash or other consbderation expected to be pald or recelved and not discounted. Debt Instruments are subsequantly measured at amortised cost. Where investments In shares are publlcly traded or their falr value can otherwise be measured rellably, the investment is subsequently measured at falr value with changes In falr value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other flnanclal instruments, Includlng derlvatlves, are Inltlally recognised at falr value, unless payment for an asset is deferred beyond normal business temis or financed at a rate of inter8St that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of Interest for a slmllar debt Instrument. Other financial Instruments are subsequently measured at falr value, wlth any changas recognised in the Statement of flnanclal actSvlties, with the exceptlon of hedging Instruments in a designated hedglng relatlonshlp. Flnanclal assets that are measured at cost or amortised cost are reviewed for objective evidence of Impairment al Ihe end of each reporting date. If there Is objective evidence of Impainnent, an impairrnent loss Ss recognised under the appropriate heading In the statement of financial activities in which the Inttlal gain was recognised. For all equlty instruments regardless of slgnlflcance, and other financial assets that are individually signrficant. these are assessed indlvSdually for impairment. Other financial assets are elther assessed individually or grouped on the basls of similar credit risk characterlstlcs. Any reversals ot Impalrment are recognised immediately, to the extent that the reversal does not result in a carrylng amount of the financial asset that exceeds what the carrying arnount would have been had the Impalrment not previously been recognlsed. 10-
Cutteslowe and District Community Association Notes to the Financial Statements fcontlnued) Year ended 31 March 2024 Accountlng pollcles (conlinued) Deflned contribution plans Contributions to defined contribution plans are recognised as an expense In the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related seNice, the liability is measured on a discounted present value basis. The unwinding of the discount is recagnised as an expense in the period in which it arises. Donatlons and legacles Unrestricted Funds Restricted Total Funds Funds 2024 Donatlons Gift Aid Appeals, donations and pledges City and County Councillors Brad Foundation 5,595 22,926 5,595 28,687 7,500 3,861 5,761 7,500 3,861 Grants Oxford City Council Summertownlst Margarets Neighbourhood Forum Tolkein Trust Maclaggart Third Fun Wolvercote Neighbourhood Forum Oxfordshire Community Foundation st Andrews PCC Other grants 1,950 1,950 15,000 15,000 1,250 8,750 1,250 8,750 3,700 1,101 33.873 3,700 1,100 77.393 43,521 Unrestricted Funds Restricted Total Funds Funds 2023 Donatlons Gift Aid Appeals, donations and pledges City and County Councillors Brad Foundation 1,807 23,040 1,807 24,255 500 5,000 1.215 500 5,000 11
Cutteslowe and District Community Association Notes to the Financial Statements (continued) Year ended 31 March 2024 Donations and legacies (continuad) Unrestrict8d Funds Restricted Total Funds Funds 2023 Grants Oxford City Council Surnmertownlst Margarets Neighbourhood Forum Tolkein Trust Mactaggart Third Fund Wolvercote Neighbourhood Forum Oxfordshire Community Foundation St Andrews PCC Other grants 1,000 1,150 5,000 1,000 790 18,245 871 2,900 1.000 1,150 15,000 1,000 10,790 18,245 871 2,900 10,000 10,000 44,847 37,671 82,518 5. Charltable actlvltles Unrestricted Total Funds Unrestrlcted Total Funds Funds 2024 Funds 2023 Room hire 15,927 15,928 13,946 13.946 Other tradlng actlvltles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Fundraising events 1,744 1,744 3,370 3,370 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 1,178 1,178 344 344 12-
Cutteslowe and District Community Assoclation Notes to the Financlal Statsments (¢ontlnu•d) Year ended 31 March 2024 Expondhurn on charltable aetivilles by fund typo Unrestricted Funds Restricted Tthal Funds Funds 2024 General Centre running costs Cutteslow Seniors Art Club Dance Club Sunnymead Mlnnows Bushcraft Summer Programme Jubilee Fund Communlty Larder Support costs 65,948 76 3,990 3,252 468 15,255 987 4,346 66,024 3,990 3,252 15,255 987 4,346 399 1,208 1,208 95.929 67.156 28,773 Unrestricted Funds Restricted Total Funds Funds 2023 General Centre running costs Cutteslow S8niors Art Club Dance Club Sunnymead Mlnnows 8ushcraft Summer Programme Jubllee Fund Communlty Larder Support costs 88,616 88,616 3,703 2,153 601 13,174 732 4,036 7,784 375 1,122 3,703 2,153 601 13,174 732 4,036 7,784 375 1,122 89,738 32,558 122,296 N6t Incomo1(expondlture) Nel Incomel(expendlture) Is slated after chargingl(crediting): 2024 2023 Depreclatlon of tanglble flx8d assets 18 10. Independ•nl •xamlnallon fee• 2024 2023 Fees payable to the Independent examlner lor: Independent examlnatlon of the linancial statements 1.040 990 -13-
Cutteslowe and Dlstrict Community Associatlon Notes to the Flnanclal Statements (conNnu•d) Year ended 31 March 2024 11. siaff co8t8 The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 2023 Wages and salaries Employer contributlons to p8nsbn plans 48.819 1,174 49,993 45,662 1,108 46,770 Centr8 Staff durlng the year were Stephanie Jankovic and Marlana Bujons {12 months each) Centre Manager St8phan18 Jankovlc- 25 hours par week Admlni5tration Assistant Marlana BuJons- 20 hours per week Seniors co-ordinator Sylvla Barker- 22 hours per calendar month Art club lead8r Helen Edwards- 2 hours per week in term time Dance club leader Marlna Bujons 1.5 hours per week In term tlme Bushcraft leaderlsummer Programme18ader Flona Greenwood does hours as requlred The average headcount of employees during the year was 5 {2023:5) No employee r8cieved employee benefits of more than £60,000 The average head count of ernoYeeS durlng the year was 5 {2023: 5). No employee recelved employee benefits of more than £60,000 durlng the year12023: NS1}. 12. Tru8180 remunoratlon and •xpon888 No remuneration or other ben8flts from employment with the charity or a related entSty were recelved by the trustees. 13. Tran8f•r• bèiw88n fund8 Where expanditure on a restrlcted fund exceeds Income, the balance Is covered by a transfer from general reserves. The detall Is shown In note 19. -14-
Cutteslowe and Dlstrlct Community Assoclatlon Notes to the Flnanclal Statements (¢ontlnu•d) Year ended 31 March 2024 14. Tanglble Ilxed asse18 Fixtures and fittings Equlpment Tolal Cost At 1 Aprll 2023 and 31 March 2024 t>eproclatlon Al 1 Aprll 2023 and 31 March 2024 Carrylng amounl At 31 March 2024 7,352 1,773 9,125 7,352 1,773 9,125 At 31 March 2023 15. Crndllor8: amount8 lalllng du• wlthln on8 yoar 2024 2023 Accruals and deferred income Other cr8dltors 1,040 1,594 2,634 990 1 ,356 2,346 16. Pen81on8 and olhor po•t rotlromoni ben•f118 Doflned conirlbutlon plans Th8 amount r8cognlsed In Income or expenditure as an expense In relatlon to deflned contrlbution plans was £1,174 (2023: £1,108). 15-
Cutteslowe and Dlstrlct Community Assoclatlon Notes to the Financial Ststements {conllnUj Year ended 31 March 2024 17. Analysls of charltsbl• funds Unrosirlcied funds At 31 March 202 Al 1 Aprll 2023 Income Expenditure Transfers General lunds Centre refurbishment 45,350 4,287 49,637 62,370 (67,156) 7,763 {4,28n 3,476 48,327 62,370 (67,156) 48.327 At 31 March 202 At 1 Aprll 2022 Income Expendlture Transfers General funds Centre refurblshment 64,595 4,287 68,882 62,507 {89,738) 7,986 45,350 4,287 49,637 62,507 {89,738) 7,986 Ro8lrlcled lunds Al 31 March 202 At 1 Aprll 2023 Income Expenditure Transfers Newsletter Art Club Dance Club SenEors Sunnymead Mlnnows Family Fllm Club Cornmunlty Larder Room Hlre Support Bushcraft Summer Programme Jubilee Fund EU Grant Warn space provlslon Centre refurblshment 76 (76) (3,252) {468) (3,990) (15,254) 3,657 334 450 12,583 {255) 134 3,540 {1,814) (566) 150 6,019 566 1,534 400 (400) 1,011 (1,011) {987) (4,346) 2,531 5,399 568 4,150 3,070 {3,070} {1,000) 1,000 10,050 10,050 15,884 14,260 33,873 (28,773) {3,476) At 31 March 202 At 1 April 2022 Income Expenditure Transfers Newsletter Art Club Dance Club Seniors Sunnyrnead Mlnnows Family Film Club 76 76 (2,153) (601) (3,703) (13.174) 1,208 16 1.945 (2.042) 585 1.758 9.435 566 11,800 6,019 566 16-
Cutteslowe and Dlstrict Community Association Notes to the Flnanclal Stalements l¢ontlnued) Year ended 31 March 2024 17. Analysls ol charltabl8 funds (eontlnu•d) Community Larder Room Hire Support Bushcraft Summer Programme Jubllee Fund EU Grant Warrn space provlslon Centre refurblshment 663 822 1,719 2.094 375 3,000 {375) {663} 12,811 } 1,011 987 2,531 {732) (4,036) (7,784) 7,721 8.245 5,000 {3,248) {461) {1 ,930) 3,070 17,133 37,671 (32,558) (7,986) 14,260 18. Analy818 01 net a888t8 b8twaen fund8 Unrestricted Funds Restrlcted Tolal Fund8 Funds 2024 Current assats Credltors lass than 1 year Net a880ls 50,961 (2,634) 48,327 15,884 86,845 (2,634) 64,211 15,884 Unrestricted Funds Restrlcted Toial Funds Funds 2023 Tanglble flxed assets Current assets Credltors less than 1 year Net a88el• 51,983 (2,346) 49,637 14,260 66,243 {2,346) 63,897 14,260 19. Related partlos No transactlons with related parties were undertaken such as are requlred to be dlsclosed under the FRS102. 17-
Cutteslowe and Dlstrlct Communlty Assoclation Management Informatlon Year ended 31 March 2024 Th8 lollowlng pag08 do nol forni part of the flnanclal 8talements. 18-
Cutteslowe and Distrlct Communlty Association Detalled Ststement of Flnancial Actlvltles Year ended 31 March 2024 2024 2023 Income and endowment8 Donallons and legacles Gift Aid Appeals, donations and pledges City and County Councillors Brad Foundatlon Oxford City Councll Summertownlst Margarets Nelghbourhood Forum Tolkein Trust Mactaggart Third Fund Wolvercote Neighbourhood Forum Oxford Community Foundation St Andrews PCC Waltrose The Arts Soclety Oxford Sl Edwards School 5,595 28,687 7,500 3,861 1,950 1,807 24.255 500 5,000 1,000 1,150 15,000 15,000 1,250 8,750 10,790 18,245 871 1,000 1,000 900 3,700 1,100 77,393 82,518 Charltsble aciivltle• Room hire 15,928 13,946 Olhor iradlng acllvlllos Fundralslng events 1,744 3,370 Investment Income Bank interest receivable 1.178 344 Total Incom• 96,243 100,178 19-
Cutteslowe and Dlstrict Community Association Detslled Statement of Flnancial Activities (¢ontlnued) Year ended 31 March 2024 2024 2023 Expenditur8 Expenditure on eharltable actlvllles Wages and salaries Penslon costs Rales and water Llght and heat Repalrs and maintenance Insurance Other establishment Legal and prolesslonal fees Telephone Other office costs Depreciation Centre Refurbishment 48,819 1.174 528 8,155 428 1,036 4.473 1,792 1,024 18.914 45,662 1,108 356 2,448 8,070 995 33,970 1,653 856 18.668 18 8,492 95.929 122.296 Total expondlture 95,929 122,296 Nol Incomel{oxpendlture) 314 {22,118)
Cutteslowe and Dlstrlct Communlty Assoclatlon Notes to the Detslled Statement of Flnanclal Actlvltles Year ended 31 March 2024 2024 2023 Expendilure on chariiablo actlvlll88 General Coniro runnlng costs Actlvltles undertaken dlrectly Wageslsalaries Penslon costs Rates & water Light & heat Repairs & rnalntenance Insurance Other establishment Legal and professional fees Telephone Other office costs Depreciation Cantre refurblshment 39,478 1,174 528 8,155 428 1,036 771 37,522 1,108 356 2,448 286 995 29,917 531 856 6,087 18 8,492 88,616 1,024 3,260 9,586 66,024 Cuiieslow Sonlors Actlvltles undortak•n dlrnctty Wageslsalaries Art Club Actlvltles undertaken dlrnctly Wageslsalaries Other office costs 3,990 3,703 3,252 1,943 210 3,252 2,153 Dance Club Actlvltles undertaken dlrectly Wageslsalaries Sunnymead Mlnnow8 Actlvltles undertaken dlrnetty Direct charitable activlty 24 - other establishment Other office costs 468 601 1,178 11,996 13,174 15,255 15,255 Bushcrafl 21
Cutteslowe and Dlstrict Communlty Assoclatlon Notes to the Detalled Statemenl of Financial Activities (¢onllnu8d) Year ended 31 March 2024 2024 2023 Actlvltlos undertaken dlrectty Other establishment 987 732 Summ8r Programmo Activltles undertaken dlrnctly Wageslsalaries Other establishment 1,631 2,715 4,346 1,893 2,143 4,036 Jubll88 Fund Actlvltles undertaken dlrnctly Repairs Communlty Lardw Grant fundlng acllvltles Other office costs 7,784 399 375 Governanco co8t8 Governance cosis - accountancy fees 1,122 Expondlture on charltable acllvltles 95,929 122,296 -22-