Broomgrove Residents Association CIO Annual Accounts for the period 1 January 2024 31 December 2024 Contents: Organisational infomiation Trustees Annual Report Receipts & Payments account Statement of Assets & Liabilities Independent Examinerfs report Hastlngs Voluntary Action Jackson Hall Portland Place Hastings East Sussex TN34 1QN Organisational information for Broomgrove Residents Association CIO for the period ended 31 December 2024 Name of organlsatlon: Broomgrove Residents Association CIO Legal form: Registered Charity- CIO Governing document: Constitution. adopted 12th May 2014 Address: Broomgrove Community Centre 85 Chiltern Drive Hastings East Sussex TN34 3PY Trustees: Gill Hazell - Chair Georgina de Lussy- Secretary Tom Ra￿e- Treasurer Sandy Rolfe Linda Baldwin Bankers: Lloyds Bank plc. Hastlngs Nationwide Bulldlng Society, Hastings Independent Examiner: Laura Dawson. Intjependent Examiner HVA, Jackson Hall, Portland Place. Hastings, TN34 1 QN The CIO is operated under the rule of its constitiution adopted 12.05.2014. Goverance and Management The method adopted for the recruitrnent and appointment of new trustees is contained wlthin the consitutlon. Trustees are appointed on a 3-year rotational basis and elected at the Annual General meeting. To promote the benefit of the Inhabitants of the area of benefit ￿thout distinction of s8x, sexual orientation, age, disablility, nationality, race or political, religious or other opinions. by associating together the said inhabitants and the statutory authorities, voluntary and other organisation in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and lesiure-time occupation with the object of improving the conditions of Ilfe for the said inhabitants. Alms and ObJectlv•• To establlsh, or secure the establishment of a Community Centre and to maintain and manage the same (whether alone or in co-operation with any statutory authorllty or other person or body) in futherance of the Obj8Cts. To promote such other purposes as may form from time to time be detemiined. The Charty shall be non-party in politics and non-sectarian in religion. The area of benefrt ('area of benefit") is Baird Ward as d8fin8d by the local council ward boundary. Trustee's Annual Report for Broomgrove Residents Association CIO for the perlod ended 31 December 2024 Public Benefft The Trustees confimi that they have complied with thé duty in section 4 of the Charities Act statement 2011 to have due regard to the Charity Comrnission's general guidanc8 on public benefit. 'charities and Public Benefiy. The Trustees are confident that Charity Commission aims, objectives and activities accommodate a range of activities that are relevant, accessible, and affordable and improve and enhance the lives of people, whilst encouraging and developing partnershlps and networks, and are in accordance with the regulations on public benefit. Background Broomgrove Residents Association has been established since 1969, becoming a registered unincorporatéd charity in 1980, prior to raising the capltal to build a communty centre on a piece of land glvan to them by Hastings Borough council in Chiltern Drive. In 200112002 the RA put in successful bids to the national Lottéries charities fund, English Partnerships, church Urban Fund, Single Regeneration fund and several small grant giving bodies, and raised ènough capital to rebuild the community centre. In 2003 the new building was opened to provide a meeting space for the residents of the estate. In 2014, followlng advice from Hastings Voluntary Action, the Trustees and members voted to bècom8 an incorporatied charity and successfully applied to the Charity Commission for regislralion. This was granted in 2015. Achievements, During the reporting period the BRA concluded arrangements wlth the OASIS Charlty to Perfornianca take over the day to day running of the centre following a £200.000 programme of and Future r8furbishmenls coordinated by Hastings Voluntary Action Trustees view this as a legacy to a long-standing commitment on the part of the RA to enable the use of a local Community Building. Having concluded this arrangement the Residents Association have been focussing on concluding our activity and ensuring that any remaining assets are deployed in line with our Charitable aims. Wilh this in mind we have been able to make a donation to OASIS to support their role in r8lation to the building and also ta Hastings Voluntary Action lin recognition of their long standing support and the facilitation of the process which enabled the building to be transferred). With our long standing record of service to the local area and the 5ucce55ful transfer of the building there is no long term need for the Residents Associatlon to remain in existence and we intend to de-register from the Charities Register once these accounts have been approved and submitted. Tyustee's Under the Charities Act 2011, the Trustees are r8qulred to prepare a statement of accounts Responslbllties for each financial year which gives a true and fair view of th8 State of affairs of the charity at the end of the year, and of its receipts and payments in th8 year. In prèparing the statement, thè Trustees are required to: Select Suitable accounting policies and then apply them consistenlly Make Judgemenl5 and estimates that are reasonable and prudent stste whether applicable Accounting Standards and Statement of Recommended Practice have been follow8d, subject to any material departures disclosed and explained in the statement of accounts, and- Prepare Ihe financial statements of the ongoing concern basis unless it is inappropriate to presume that the charity will continue its OP8rations The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity at that time and to enabl8 thé trustees to ensure that thé financial statement comply with the requirements of the Charitieis Act 2011 of the Charities (Accounts and Reports) FRS 102. They are also responsible for safeguarding thé assets of the charity and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. Rlsks and Risk The Trustees hav8 consldered the major business and operational risks to which th8 charlty Management is faced, and wrll continue to review and establish its systems so that necessary steps can be taken to lessen th8se risks. Re¥erv•s Pollcy The Trustees currently do not have a reseNes pollcy. This Report was approved by the board of trustees on: and signed on Its b8half by., Gill Hazell Trustee (Chair) Broomgrove Residents Association CIO Statement of Assets & Liabilities asat 31 December 2024 2024 2023 Current assets Cu￿ent Account Cash in hand Accounts Recivable Re￿Ipts awaiting banking 31112124 31112124 304 7.258 304 7,258 less Currnnt Ilablllties UnGgsh8d cheque$ 304 7,258 Represented by: ACCUMULATED FUND blf Surplusldeficit of receipts over payments 7,258 (6,955) 304 12.271 (5.013) 7,258 Charity L8w requir85 the Trustees lo prepare financlal stst8ment8 for each financial year which compty wlth the regulation8 sel out in the Charitie8 Act 1993. The truslaas have elected to take advantage of the provisSons that apply lo small charitie5 and have prepared a Receipts and Payments account and Statement of Asset8 8nd Liabilltias. Approved by the Trustees on and slgned on thelr behalf by Glll Hazell Chair Broomgrove Residents Association CIO Recelpts & Payment accounts for the pèriod 31 December 2024 01 January 2024 to All fund• ¥r• unrestrfct•d 2024 Recel ts Venue Hire Grants & Donatlons Sundry Receipts TOTAL RECEIPTS 2023 7,130 10,104 3,705 10,109 endlture Premises - Utilities Premises - Repair & Maint8nance Computer I IT Telephon8lBroadbandllnternet C18aning & Cleaning Mat8rials Licences- PRS,PPL & TV Insuranc8 Travel costs Accounts Misclsundry TOTAL PAYMENTS 9,519 2,290 664 228 614 189 1,437 5,795 2,313 860 479 2,369 322 1,574 959 420 30 15,121 200 2,648 17,790 Net surplus (deficit) (6,9551 (5,013) Accumulated funds blf 7,258 12,271 304 7,258 Independent Examinerfs Report to the Committee of Broomgrove Resldents Assoclation CIO I report on the accounts of Broomgrove Residents Association CIO for the twelve month period ended 31 December 2024 which are set out on the previous pages. Respective responslbllities of commlttee & examiner The charitvs trustees are responsible for the preparation of the accounts. The chariys trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act), and that an independent examination is needed. It is my r6sponsibility.' to examine the accounts under section 145 of the Charities Act lo follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(51(b) of the Charities Acll, and to slate whether particular matters have come to my attentlon 8asl$ ol Independent examIne￿8 report My examlnalion was carried out In accordance wilh the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the supporting documentation presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanallons from the Iruslees concerning any such mallers. The procedures undertaken do not provide all the evid&nce that would be required in an audit, and consequently no opinion is given as to whether the accoLJnts present a "true and fair" view and the report is limited to those matters set out in the statement below. Indopendent examIne￿8 Statement In connection with my examination, no matter has come to my attention.. 1) which gives me reasonable cause to believe that in any material resp8Ct the requirements.. to keep accounting records in accordan￿ with section130 of the Charities Act to pTrpare accounts which accord with the accounting records and to comply with the accounting requir8ments ofthe Act have not been met,. or 2) to which, in my opinion, attention should be drawn In order to enable a proper understsndlng of the accounts to b8 reached, Dawson Finance Manager Haslings Voluntary Action Jackson Hall. Portland Place, Haslings, TN34 1QN Dated: