## WEST HENDON COMMUNITY TRUST FUND TRUSTEE'S ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
CHARITY REGISTRATION NUMBER: 1161241
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## WEST HENDON COMMUNITY TRUST FUND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024
|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 2024
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: Tracy Cookey West Hendon Resident Jennifer Brown Business Trustee Marlan Monrose Metropolitan Housing Trust Trustee Cllr. Andrea Bilbow Barnet Council Cllr. Rishikesh Chakraborty Barnet Council .
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 2024
The trustees present their report with the financial statements of the charity for the year ended 31st March 2024 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.
- Two trustees may be appointed by following an election or nomination process involving residents of West Hendon,
- Two shall be appointed by the Council
- Two may be appointed by Metropolitan
- One Trustee shall be appointed by the Trustees following an election or nomination process involving a business situation in or near to West Hendon.
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 2024
## 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. 10 payments were processed towards this aim, the sum distributed was £ 16,900.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
1. Yes, trustees are made aware of their role and responsibilities. They are guided by the Constitution.
2. Conflict of Interests are declared and they have a copy of the Code of Conduct .
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## WEST HENDON COMMUNITY TRUST FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024
## Achievements and Performance
The Trustees of the West Hendon Community Trust Fund met 2 times during this financial year instead of the usual 4. One meeting was not quorate.
The Trustees met in this financial year, to review the plans of the charity and make decisions organisational applications received.
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## WEST HENDON COMMUNITY TRUST FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024
## **Financial Review**
Review of the charity’s financial position at the end of the period Cash funds of £121, 615.
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 ......... 16/07/2024 `…` .and signed
Tracy Cookey on behalf of the trust. Trustee 16[th] July 2024
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## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WEST HENDON COMMUNITY TRUST FUND FOR THE YEAR ENDED 31ST MARCH 2024
I report to the trustees on my examination of the accounts of West Hendon Community Trust Fund for the year ended 31 March 2024.
## 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 accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
• 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: 16/07/2024
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## **WEST HENDON COMMUNITY TRUST FUND STATEMENT OF FINANCIAL ACTIVITIES (Income and Expenditure Account) YEAR ENDED 31 March 2024**
|Notes
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
Charity income
1
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Other Expenses
Grant to Karma Mama - Lisa Ellis
Grant to Community Barnet|Un-restricted
funds
2024
£
-
-|Restricted
Funds
2024
£
-
-
-
-
-
-|Total Funds
Total Funds
2024
2023
£
£
-
-
-
-|
|---|---|---|---|
||-||-
-|
||480
9,500
-||480
1,200
9,500
6,500
-
5,000|
|Donation to West Hendon Arts and Cultural Society|7,400|-|7,400
-|
|TOTAL RESOURCES EXPENDED
Net income/(outgoing) resources
Total funds brought forward
Total funds carried forward|17,380|-
-
-
-|17,380
12,700|
||(17,380)
138,995||(17,380)
12,700
-
138,995
151,695|
||121,615||121,615
138,995|
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 2024**
|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|2024
2023
Total
Total
£
121,615
138,995
121,615
138,995
121,615
138,995
121,615
138,995
121,615
138,995
-
-
121,615
138,995|
|---|---|
Tracy Cookey on behalf of the trust. Trustee 16th July, 2024
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**WEST HENDON COMMUNITY TRUST FUND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 March 2024**
## Note 1. Incoming Resources
|Note 1.
Incoming Resources||||
|---|---|---|---|
|Income
Note 2.
Resources Expended - Activities
Donation to West Hendon Arts and Cultural
Grant to Community Barnet
Accountancy fees
Grant to Karma Mama - Lisa Ellis
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
£
S
7,400
-
480
9,500
17,380
2024
£
121,615
-
121,615
Opening
balance
£
-
-
-
-
Unrestricted
Funds
£
121,615
-
121,615|Restricted
Funds
£
-
-
Restricted
Funds
£
-
-
-
-
2023
£
138,995
-
138,995
Incoming
resources
£
-
-
-
-
Restricted
Funds
£
-
-
-|2024
2023
Total Total
Funds Funds
£ £
-
-|
||||-
-|
||||2024
2023
Total Total
Funds Funds
£ £
7,400
-
-
5,000
480
1,200
9,500
6,500|
||||17,380
12,700|
||||2024
2023
Resources
Resources
expended
expended
£
£
(17,380)
(12,700)|
||||(17,380)
(12,700)|
||||0
0|
||||(17,380)
(12,700)|
||||2024
2023
Total
Total
Funds
Funds
£
£
121,615
138,995
-
-|
||||121,615
138,995|
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- 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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