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2022-03-31-accounts

WEST HENDON COMMUNITY TRUST FUND TRUSTEE'S ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

CHARITY REGISTRATION NUMBER: 1161241

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WEST HENDON COMMUNITY TRUST FUND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2022

CONTENTS PAGE
LEGAL AND ADMINISTRATIVE INFORMATION 1
REPORT OF THE TRUSTEES 2- 5
REPORT OF THE INDEPENDENT EXAMINER 6
STATEMENT OF FINANCIAL ACTIVITIES 7
BALANCE SHEET 8
NOTES TO THE ACCOUNTS 9

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WEST HENDON COMMUNITY TRUST FUND LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31ST MARCH 2022

CHARITY REGISTRATION NUMBER: 1161241
Registered Office Community Hub Gadwall House
Perryfield Way
West Hendon
London
NW9 7DZ
Name of person (or body) entitled to appoint trustee (if any)
Trustees: Sheila Morcombe Metropolitan Thames Valley
Sabrina Marie Fitzgerald West Hendon Resident
Tracy Cookey West Hendon Resident
Councillor Alex Prager London Borough of Barnet
Helene Richman London Borough of Barnet
Accountant: AACSL Accountants Limited
1st Floor North
Westgate House
Harlow
Essex
CM20 1YS

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WEST HENDON COMMUNITY TRUST FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number: 1161241

STRUCTURE, GOVERNANCE AND MANAGEMENT GOVERNING DOCUMENT

The charity is controlled by its governing document, and constitutes a Charitable Incorporated Organisation.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

CONSTITUTION

The Charity is constituted under a CIO Foundation Constitution dated 2015 and our Charity number is 1161241, on the central register of the Charity Commission of England and Wales.

INTRODUCTION

The principal objective of the Charity is the promotion for the public benefit of urban or rural regeneration in areas of social and economic deprivation (and in particular West Hendon). Our purpose is to raise standards and influencing our society. We provide grants to advance recreational facilities enabling the population who by reason of their youth, poverty and social and economic circumstances have need of such facilities.

METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or

body entitled to appoint one or more trustees Para 1.25 The Board can consist of 7 trustees.

Every trustee shall be appointed for a maximum term of three years.

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WEST HENDON COMMUNITY TRUST FUND REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST MARCH 2022

OBJECTIVES AND ACTIVITIES

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

To provide or assist in the provision of facilities for recreation or other leisure time occupation in the interest of social welfare and with the object of improving the conditions of life of the residents of the Area of Benefit – West Hendon estate, especially those residents who by youth, age, infirmity or disablement, poverty or social or economic circumstances may have need for or benefit from such facilities.

Summary of the main activities

To promote West Hendon Community Trust Fund ’ s work, their service and offer to the residents on the estate.

To offer assistance to the residents of West Hendon with completing forms and ensuring applicants understood the funding eligibility.

To support the Board of Trustees with grant and project management administration so that they have all of the information

they need to decide on applications received so that they can decide whether or not to award that meet the Trust ’ s purposes:

  1. Relieve poverty.

  2. Support with hardship.

  3. Provide educational, wellbeing, volunteering opportunities for the adults in the community.

  4. Provide activities suitable for the children and young people that are educational, recreational and stimulating.

  5. 17 cheques were processed towards this aim, the sum distributed was £ 19,106.

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WEST HENDON COMMUNITY TRUST FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

Achievements and Performance

The Trustees of the West Hendon Community Trust Fund did not meet during this financial year owing to the changes in administrators and 2 Trustees withdrew from the Trust Fund.

One Trustee resigned and two new members joined.

The Trustees resumed meeting in this financial year, to review the plans of the charity and make decisions organisational applications received.

The Coronavirus 19 pandemic had an effect on the charity ’ s work owing to the 4 lockdowns the country experienced.

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WEST HENDON COMMUNITY TRUST FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

Financial Review

Statement explaining the policy for holding reserves stating why they are held The charity does not have a stated policy on reserves at present.

Amount of reserves held

The trust holds no reserves.

Reasons for holding zero reserves

The Trust spends money very judiciously considering the needs of the beneficiaries of the West Hendon estate and does not have a need to have reserves at this time.

.

Details of fund materially in deficit

The charity does not have any funds in deficit

Explanation of any uncertainties about the charity continuing as a going concern

There are no uncertainties about the charity ’ s ability to continue as a going concern.

The charity ’ s Principal Sources of Funds

WHCTF was setup in 2015 through a request by Barratt Metropolitan Ltd Liability Partnership (BMLLP)

Barratt Metropolitan LLP is required to make financial contributions in accordance with a set formula as the regeneration of the estate being carried out.

Approved by order of the board of trustees on ......... 20/12/2022 … .and signed

Tracy Cookey on behalf of the trust. Trustee 20th December 2022

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WEST HENDON COMMUNITY TRUST FUND FOR THE YEAR ENDED 31ST MARCH 2022

I report to the trustees on my examination of the accounts of West Hendon Community Trust Fund for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. - examine the accounts under Section 145 of the 2011 Act

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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

AACSL Accountants Limited 1st Floor North Westgate House Harlow Essex CM20 1YS

Signed: 20/12/2022

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WEST HENDON COMMUNITY TRUST FUND STATEMENT OF FINANCIAL ACTIVITIES (Income and Expenditure Account) YEAR ENDED 31 March 2022

----- Start of picture text -----
Un-restricted Restricted
funds Funds Total Funds Total Funds
2022 2022 2022 2021
Notes £ £ £ £
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
Charity income 1 - - - -
- - - -
TOTAL INCOMING RESOURCES - - - -
RESOURCES EXPENDED
Other Expenses 500 - 500 -
- -
Community resident donation 5,200 5,200
- -
Training and org grant award 5,660 5,660
TOTAL RESOURCES EXPENDED 11,360 - 11,360 -
Net income/(outgoing) resources (11,360) - (11,360) 0
-
Total funds brought forward 163,055 163,055 163,055
Total funds carried forward 151,695 - 151,695 163,055
----- End of picture text -----

All incoming resources are derived from continuing operations. The charity has no other gains or losses other than those recognised in the Statement of Financial Activities.

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WEST HENDON COMMUNITY TRUST FUND BALANCE SHEET FOR THE YEAR ENDED 31 March 2022

Notes
CURRENT ASSETS
Cash at bank and in hand
3
Total Asset Less Current Liabilities
NET ASSETS
FINANCED BY:
Unrestricted funds
Restricted Funds B/F
TOTAL FUNDS		 2022
2021
Total
Total
£
£
151,695
163,055
151,695
163,055
151,695
163,055
151,695
163,055
151,695
163,055
-
-
151,695
163,055

Tracy Cookey on behalf of the trust. Trustee 26th August, 2022

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WEST HENDON COMMUNITY TRUST FUND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 March 2022

Note 1. Incoming Resources

Note 1.
Incoming Resources
Income
Note 2.
Resources Expended - Activities
Depreciation
Events & Other
bank charges
Training and org grant award
Community resident donation
Note 3.
Cash at bank and in hand
Cash at bank
Cash at hand
Note 4.
Movement in funds
Unrestricted funds
Charity's fund
Restricted funds
Gift Aid
Note 5.
Analysis of net assets by fund
Cash at bank and in hand
Other net assets (liabilities)		 Unrestricted
Funds
£
-
-
Unrestricted
Funds
£
-
500
-
5,660
5,200
11,360
2022
£
151,695
-
151,695
Opening
balance
£
-
-
-
-
Unrestricted
Funds
£
151,695
-
151,695		 Restricted
Funds
£
-		 2022
2021
Total Total
Funds Funds
£ £
-
0
- -
-
Restricted
Funds
£
-
-
-
-		 2022
2022
Total Total
Funds Funds
£ £
-
-
500
-
-
-
5,660
-
5,200
-
- 11,360
-
2021
£
163,055
-		 Resources
expended
£
(11,360)
(11,360)
0
(11,360)
2021
2021
Total
Total
Funds
Funds
£
£
151,695
163,055
-
-
163,055
Incoming
resources
£
-
-
-
-
Restricted
Funds
£
-
-
- 151,695
163,055

Note 6. TRUSTEES REMUNERATION

The Trustees did not receive any emoluments and no out of pocket expenses were paid during the year

Note 7. As a company, WEST HENDON COMMUNITY TRUST FUND is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its objects. No tax charges have arisen in the Company.

Note 8. Control

The ultimate controlling parties are the trustees’ as stated on page 2.

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