BUDBROOKE COMMUNITY ASSOCIATION CIO
:
Budbrooke Community Centre Field Barn Road Hampton Magna Warwickshire CV35 8RT
Email: budbrookecctreasurer@gmail.com
Trustees’ Annual Report 2023 – 2024
Budbrooke Community Association CIO
Charity registration number: 1155673
Address: Budbrooke Community Centre Field Barn Road Hampton Magna Warwick CV35 8UA
Current Trustees: Rhonda Treacy-Hales
Linda Price Caroline Edwards Michael Edwards
Trustees during the financial year 2023 – 24, not named above : None
Charitable incorporated organisation registered in England with charity number 1155673
Nature of governing document and how the charity is constituted: The association is a Charitable Incorporated Organisation and the governing document is lodged with the charity commission. The trustees are Chair, Vice Chair, Secretary, and a long standing committee member. The Treasurer role is currently being managed by the Chair and Secretary until the post is filled.
Recruitment and appointment of new trustees : All trustees resign before, and trustees are elected at, the AGM held in November. All trustee positions are advertised when the AGM notice is published. Officers can be in position for a maximum of five years.
Objectives and activities: To establish and run a community centre and to promote for the benefit of the inhabitants of the parish of Budbrooke without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions the provision of facilities for advancing education, furthering health, recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the conditions of life of the said inhabitants.
Provides facilities available for hire by groups or individuals.
Achievements and Performance: The community centre is used by a range of regular groups, including a pre-school, toddler group, uniformed organisations, dance and fitness groups, and coronary care support groups. The centre also acts as a polling station on behalf of Warwick District Council. The centre hosts parish council meetings and events and is grateful for the ongoing support of Budbrooke Parish Council. In a normal year, 65% of regular user hours are booked by voluntary, not-for-profit or charitable organisations.
BCA held various fundraising activities and events during the year, designed to cater for a range of ages and socio-economic groups that reflect our community.
The 200 Club lottery also continues to bring in much-needed funds.
During the summer, the small hall was completely refurbished to include a new kitchen, flooring, window and storage space – all of which was funded by the Parish Council, utilizing the CIL funds from the new houses. The building works to improve the centre continues, with the next phase starting in Summer 2025.
Financial Review
Policy on Reserves: The association retains in reserve a minimum of its previous year’s basic running costs (for 2023 -2024, this is £80,224).
Trustees’ statement: The trustees of Budbrooke Community Association CIO confirm that they have complied with the duties in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.
} Page 2
| Budbrooke Community Association CIO | Budbrooke Community Association CIO | |
|---|---|---|
| Summary of Accounts for Year Ended: | Saturday,31 August 2024 | |
| Income £ User Group Hire invoiced 24,895 Adhoc & Annual Users 1,693 200 Club, net income 1,815 Fundraising Events net income 1,537 Clothing Bank 272 Donations 40 Income from activities 30,252 Bank interest received 240 Grant(s) Received 0 Total income 30,493 Check total income to sheet 0 Surplus/(Deficit) of Income 9,015 over Expenditure |
Available Funds: £ Bank / Cash CAF Bank Current Account 64,863 CAF Bank Project Account 5,637 Lloyds Bank Current Account 0 Lloyds Bank Project Account 0 Cash in hand 0 Monies Outstanding Invoices outstanding - due to BCA 9,446 200 Club / Ad Hocs cash w. officers 278 |
|
| Balance 80,224 |
||
| Made up of: Accumulated Reserves General funds 55,994 Defibrillator Reserve 150 General Running Costs Reserve 22,500 Funds set aside for refurbishment 1,080 MH Grant re Garden work 500 |
||
| << Reconciliation of | Reserves>> | Total 80,224 |
| Opening balance brought forward | 71,210 | |
| Surplus in year Income less expenditure 9,015 |
||
| Closing balancecarried forward 80,224 |
||
Section B Disclosure Only complete rf the examiner needs to highlight matters of concem (see CC32, Independent examination of tharity a(xx)unts: directions and guidance for examiners). Glve here brief detalls of any itsms that the examlner wishes to dlsclose. IER October 2018