## **OLD FELIXSTOWE COMMUNITY ASSOCIATION (OFCA)** 

Trustees’ Annual Report 

Year ended 30[th] June 2023 

Charitable Incorporated Organisation Number 1163286 

1 



## **Legal and Administrative Information** 

## **Address** 

The principal address of the Association is: Old Felixstowe Community Centre, Ferry Road, Felixstowe, Suffolk, IP11 9NB 

## **Status** 

The Association was formed in 1974 and registered as a Charity. 

On 25[th] August 2015, OFCA was registered as a Charitable Incorporated Organisation (number 1163286).  The former charity (number 269624) ceased on 30[th] June 2016 and the new (CIO) began on 1[st] July 2016.  It is governed in accordance with its Constitution. 

Policy and general management of the affairs of the Association are directed by a General Council consisting of the Trustees; one representative of each of the Affiliated Organisations of the Association and the Sections (formed within the Association among the individual members for the furtherance of a common activity); an equal number of elected representatives from the individual full members of the Association; and representatives of the local council. General Council meets not less than three times a year.  Representatives of the individual members serve for three years. Approximately one third retire annually but are eligible for re-election at the AGM. 

A Centre Management Committee, elected at the AGM, manages the day-to-day affairs of the Association.  The Parochial Church Council may appoint four representatives to this Committee. 

As Graham Newman, a former Trustee of the Association, sadly passed away on 28[th] December 2022, the current Trustees of the Association are Doreen Savage, Gina Cooper, Terry Smith and Celia Page.  New Trustees are elected by the General Council.  Trustee meetings are held at least once a year. 

A Standing Committee, consisting of Chair of General Council, Chair of Management Committee, Treasurer and Secretary, advises General Council and makes policy decisions on behalf of General Council when these decisions cannot be delayed until Council’s next meeting. 

During 2022/23 General Council met 4 times, the Management Committee 10 times and the Trustees once. 

## **GDPR** 

The Association is complying with the General Data Protection Regulations which came into effect on 25[th] May 2018. 

2 



## **Honorary Officers of the Association** 

Chairman C. Page   (Also Administrator) Treasurer L. Fraser Treasurer Elect V. White 

Other Elected Members of General Council: J Berry S Bloom E Clark G Cooper (Vice Chairman) L Drouet J Fairweather M Lamacraft L Sampson D Songhurst (Newsletter Editor/Website Manager) L Songhurst P Varden M. Whiteley (Secretary) E Wright (Membership Secretary) 

**Members of the Centre Management Committee** Elected Appointed by the PCC E Clark (Chair) B Bown G Cooper J Jones L Fraser V White M Lamacraft D Norman C Page M Whiteley E Wright 

## **Solicitors** 

Margary & Miller, 5 Crescent Road, Felixstowe 

## **Bank and Building Society Accounts** 

Treasurer’s Account: TSB Bank PLC, 33 Hamilton Road, Felixstowe CAF 60 Day Notice Account: Shawbrook Bank 

## **Independent Examiner** 

Robert Digby, Digby & Co, 38 Greenways, Sutton Heath, Woodbridge, IP12 3TR.  His examination of the Annual Accounts was carried out in accordance with the General Directions of the Charity Commission. 

## **Activities** 

The Association exists to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation for the benefit of the inhabitants of Old Felixstowe and the neighbourhood, and to establish, maintain and manage a Centre for the furtherance of such objectives. 

The Association currently has approximately 550 Full Members.  Members received six Newsletters during the year and details of OFCA activities were regularly updated on the website (oldfelixstoweca.org.uk). 

The Centre continues to be well used by national, regional and local organisations and clubs whose members come from every age group and enjoy a wide variety of recreational activities.  As of the end of the financial year there were 11 such groups formally affiliated to the Association and 

3 



4 OFCA Sections (Carpet Bowls, Craft Group, Table Tennis and Tennis).  All or part of the Centre is also frequently hired on an occasional basis for a wide range of other events. On Sundays the Church has exclusive use of the Centre. 

Various health and safety inspections were held during the year, with satisfactory results. 

A comprehensive programme of repairs, maintenance and refurbishment continued throughout the year. 

Some fund-raising events, such as the Community Markets, a talk by David Webb with lunch, opening of the Jubilee Courtyard and the Summer Fair were held.  The Jubilee project to resurface the courtyard, to make it an attractive area for Centre users, was completed and the courtyard officially opened on 8[th] October 2022. 

## **The Long-Term Future** 

The main challenges are: 

1. To ensure the Community Centre is a safe environment for all users. 

2. To encourage more hirers of the Centre, offering activities and facilities to improve the quality of life for our members and the local community. 

3. To recruit more volunteers to share the workload of running the Association and the Centre. 

4. To continue to improve and maintain the Community Centre to a high standard. 

## **Donations** 

The Trustees have been very grateful for financial donations and grants received during the year from: 

Amazon Smile Maritime Cargo Processing Ken Cuthbert – deposit donation East Suffolk Council – Warm Rooms Project J Brackley – donation towards Christmas Cards Positive Pals – post closure of group Aerobics Group - proceeds of Quiz Night Felixstowe Stroke – from Summer Fair Craft Stall – from Summer Fair Carol Sutherland – membership fee after cancellation of membership Christmas Card Delivery Scheme 

We would like to thank all our members and non-members who have supported our events during this year and made donations to OFCA. 

## **Financial Risk Management** 

At every meeting of General Council and the Management Committee, the Treasurer gives a written report confirming bank balances and draws attention to any unusual financial movements. 

This report was approved by all the Trustees on 5[th] September 2023: 

Doreen Savage Gina Cooper Celia Page Terry Smith 

4 



CH.-IRITI' C()￿111]￿￿101￿ N'IIIqI4F.R: 1163286
()Id Fclixstoii'e Con)niunih' As50Ci4ltion
Report lind Financial Stiltcnients
Ye41r cnilc(l .IU .lune 2023

Old Fell￿t01¥e Communlty AssoelAtlon
Financial Statem¢nts
Year ended 30 June 2023
Contents
Page
Independertt exaihiiiees report
Slotement of finaiiciAI aciivities
Balance sheet
Noies to the financiol siaiemenis

Old Feltxslowe Communil) Associalion
Independent ExAminer's Report
YeAr ended 30 June 2023
report to the trusiee5 on my e.¥aniinalion of ihe accounis of the Old Fcli.xs¢owe Community Association for
the J'ear ended JO June ?023 as sei oui on pages 4 10 11.
Responsibilities bASiS of roport
As tlie ¢hariiy"s irnsiees of the Trust. )'ou art responsible for the preparaiion of ihe a¢¢ounis in a¢¢ordance
with Ihe requiremenls of ihe Cliarities Aci 2011 ('Ihe Act").
report in resp¢¢i of my examination of the Trust's accounts carried oul under section 145 of the 20 I l Act
and in ¢arying out In), exainiiialion I have follow¢d all th¢ appIl￿ble Direclions given by ihe Cliarily
Commission under sectton 145(51(b} of ili¢ A¢1.
Ind¢pendtllt examiner's statement
I have completed my ¢¥niiiinalioii. I confimi that no mol¢rial nigll¢r5 huve come to my nll¢ntion in ¢onn¢ciion
willi the examinaiion giiving Ine cause io believe that iii any Inaterial respect:
accouniing records were nol kepl in respeci of Ihe Trust as requircd by seclion 130 ofihe Acl: or
? the accounts do noi a¢¢OTd iviih those records; or
Ihe accounts do not comply lviih the applicable requiremenls ¢on¢erning ihe forn] and contents of
ac¢ounis set out in the Charities {Ac¢oiinis and Reports) Regulations 2008 oih¢r ihan any
requirement Iliat the accouiiis uive a '%ru¢ oiid lair" view which is not a maii¢r considered as part of
an independent examinalioii.
I have no Concerns and have cThne across no oih¢r maiteT5 in connection wilh the examination to ivhi¢h
aitenlion should be drnwn in Ihis report in order 10 enable o proper understanding of Ihe a¢¢ounis io be
reached.
Signed:
Robert Digby
DiBby & Co
38 Greenii'ays
Sutton Heaih
Woodbridge
IP12 3TR
Date:

Old Fellx$iowe Community Assoel#lioll
Statement of Fitt2n¢ial Activieies
Year euded 30 Juae 2023
Restricted
intome
funds
z Unrestricted
funds
Total
2023
Totsl
2022
Incoming re8oiir¢es
General Council and
Mana&Fement
Coinmillee
Tolal iiieoniing resourL¢S
36.783
638
638
37.421
37.421
34.749
34.749
Resources expended
General Council and
Management
Committee
Total e-wndliure
43.758
43.758
1.045
1.045
44.803
36.833
Nd income l (expendIt￿re)
(6.975>
(407)
(7.382)
(2,084)
Gross ¢rAasfers betweeD
593
(593)
Nei movemen¢ in
funds
(6.38?)
{i.000)
(7.382)
(?,084)
Total funds brought
forward
213.494
1.000
214,494
216,578
Total fund5 carried fornard
207.11?
207.112
214.494
All activities relate to coniinuing operntion&
The notes on pages 6 10 1 I fonn PArt of thc5¢ financial slat¢ments.

Old Felixslowe Community AssociatlOD
BalaDCC Sheet
Year ended 30 June 2023
Reslrictcd
in¢onJe
funds
z Unrestricled
funds
Totsl
2023
2022
Fixed gssets
Tangiblc a55ets
98.288
98.288
98.288
98.288
105.618
105,618
Current assets
Debio
Cash at bank and in hand
109,124
109.124
109,124
109.124
109,676
109,676
Credltors: atnounts fthlling due
within ODe year
10
Joo
300
800
Net current assets
108,824
108,824
108.876
Net assets
207.112
207,112
214,494
FuDds of the Charity
Unr¢stricted funds
Re5tri¢ted income funds
Revaluation reserve
13
13
188,288
188,288
191,710
1,000
21.784
18,824
18.824
Total funds
207,11?
207,112
214,494
The finan¢ial slatements w¢rc approved on behaifof all the Irusiees on 25-.1!:U..and We￿ signed by=
Doreen Savage
Chair ofTrusttts
Virloria While
Treasurer
51Page

Old Fellxstow'e Community As$oei4lion
No¢¢$ to the Financial Statements
Year ended 30 June 2023
l) Aeeotttttlng polltlt5
Basls of prepthrntlon
Tlie accounls have been prepared ullder ilie historical cost convention with items r¢¢ognised ￿ cost or
transaction valu¢ uiiless oilienYi5e stsled in Ihe relevant nol¢(s) lo th¢s¢ accounts. The accounts have b¢¢n
prepared in accordance with the Sialemeni of Re¢ommended Practice: Accounting and Reporting by
Charities preparing Ilieir accounts in accordance iyiili ihe Financial Reporling Standard applicable in the
UK and Republic of Ireland (FRS I O?) issued on 161h July 2014 and Ihe financial Reporting Siandard
applicable in the Uniied Kingdojn and Republic of Ireland (FRS 102) and the Charities Aci 2011.
Tlie charity constitu1¢5 a public benelil enlily as defined by FRS 102.
The trnstees considcr that ihere are no maierial un¢ertairtlies about the charitable company's ability, lo
coniinue as a going concern.
Income
Hall hi￿ income. voluntary income and donations are accounied for when received.
ncome tax recoverBbk in relation lo donations received under Gift Aid is recognised at ihe tiine of the
donation.
Goverftment grnnts
The charity has received governmeni granls in the re￿Ing pert(yJ.
Expenditure
All expenditure is accounied for ffl ali accruals basis and is recognised when Ihere is a kgal or Construclive
obligaiion committing the charitv lo pa}, out resources. Expendilure has been allocaied betivttn categories
on a basis designed to relleci ihe use of1￿ ￿50y￿e.
Tangible fixed assets
These capilalised if Iliey can be used for more thali one year, and cosi at least £ IIXI. All fixed a￿¢¢8 ate
initially recorded at ¢051.
Depreciaiion is provided on all lalib>1b￿ fixed assets ai rdles calculaied lo wri1¢ off the cosi of each a55et
over its expeeied uscful life as folloils:
Long leasehold land and buildinbs
Fixtures, furniture and IK>wls equipment
over ilie perit)d of the lease
150/0 on net book value
Fund accounting
General funds are unrestricted fuiids i%'hich are available for use at ihe di5¢r¢li(M of the Truslees in
furtheranee of the general objectives of Ilie ¢liarity llnd i%,hicli have not been designated for other purposes.
Designaied funds coinprise unreuricid funds thAI have been set Aside by the TTUSittS for particular
purposes.
Resiricied funds funds iyhicl) are to be used in accordance ii'iih specific resirictions imposed by donors
,hi¢h have beert raised by the charity for particular purposes. The cost of raising and adTninisiering such
funds charbled abainst the specific fund. The aim aiid use of ¢a¢h r¢stri¢l¢d fund is set out in the notes
to the financial slalemcnls.
61 Ptlbe

Old Felixstowe Commwnits. Association
Notes lo the Flnancial Statements
Year ended 30 June 2023
2) Allalysls of i#¢oming reso•rces
General Council and M?w¥g¢me•t
Committee
2023
2022
Total
fufjds
Total
fmnds
Umrestricted
Re5tricied
Subscriyions and atTilialion fees
Community market5
Summer fair
Christmas card scheme
Hiring in¢ome
Beverdges
Fundraising
Doftaiions
Government grants
Grnni income
Newsletter advertising
Photo¢opyin8
Interest
1785
4211
1.760
596
?4.920
389
49
1.517
1785
4211
1.760
596
24.920
389
49
1,517
3.308
3,360
2,069
16.795
235
175
2,667
5.500
448
638
638
336
23
197
336
23
197
36.783
638
37.421
?8.532

Old Fellxstowe Communl(v Asso¢i*li(
Notes to the Finaneial Slalemellts
Year ended 30 June 2023
3) Analysis orrl￿￿rC¢$ expended
General Councll #tyd MgDagement
Commil¢ee
2023
2022
Tolal
runds
Tol41
funds
Unrtstrltted
Restrided
Reni (PCC)
Insurance
Web pa¥¢
Fire inspeciion
Newsletier winling
TeleplK)
Repairs and renewals
Attounlancy fees
Donations
Electricily
Gas
Rates
Waier rnies
Refuse collectton
Cleaning
Administrdiive expenses
Bevernges
tkpreciation
1.027
173
234
438
.034
16.838
105
1.027
173
234
438
.034
17.838
105
2S
1.947
4.115
389
441
2.510
5.750
1.339
103
1.008
73
180
460
808
12.0?5
1.0
45
709
3,987
358
1.947
4.IlS
389
441
2.510
5.750
1.339
58
7.330
43.758
1.477
6.470
774
21
45
1.045
44,803
36.833

Old Felixstowe Community. Associ4lion
Noles to the Financi41 Statements
Year ended 30 June 2023
4) Tanglble fixed gssets
Long
leasehold land
buildings
ixlures.
rurnlture and
equipmenl
Total
Cost or vlluation
As at l July 2022
02,576
69,524
272,100
Additions
Disposals
As gt 30 June 2023
202J76
69J24
272,100
Depreciation
As at l July 2022
116,684
4,211
49.798
3,119
166.482
7,330
Charge for the year
DepTe¢iation on disposals
As at 30 Jun¢ 2023
120095
52,917
173.812
Nel Book Value at 30 June 2023
81fi81
16,607
98388
Nd Book Value ai 30 June ?02?
85.892
19.726
105,618
Cosl or valuation is represented by:
Cosi
Valuation
32.576
170.000
202 J76
69.524
102.100
170.000
272 100
69
24
S) D¢b¢ors
2023
2022
P￿PaymentS and accrued income
6) Crtditors: Amounts falling due wifhln one lear
2023
2022
Accruals and deferred incom¢
Relurnable deFw)siiS held
21KI
200
600
800
31K

Old FellLStowe Comm•ttity AssocialioD
Noles to the Finallcial Statements
YeAr eoded 30 Jllne 21)23
7) Analysls of movement ID funds
Cyrr¢nl year.
Fund
b*l*DttS
broughl
forward
Fund
balances
earried
forward
Income
ExpeAditure Trnnsfer5
F¥nd names
Type
UR
Revalualion reserve
21.784
(2,960)
18.824
General Council and
Management Commillee
designated fund
UR
40.(
40.000
General Council and
Management Committee UR
148.793
36.783
(34,386)
{3.750)
147,440
Warni room project
638
(45)
(593)
Court￿rd yoie
( 1.000)
Generdl Council and
monagemeni commit￿e-
designated fund
(Courtyard projea)
UR
1069
(9.372)
7,303
Sports Committ¢¢ and
carpel bowls club
UR
Total Funds as per balance sheet
214.494
37.421
44.803
207.112
The transfer on the revaluation reserve represents Ihe depr¢ciati(m ¢harg¢ ff laiing to the revalued element of
long leasehold land and building&
ioi p

Old Felix51owe Comm¥Bity Associ*iloD
Noles to tke Financial Statenhtknts
YeAr eoded 30 Jllne 2023
Prior year.
Fund
lanees
earned
rorw4rd
bg14nceJ
bromght
rorward
Expenditore Transfers
Fund names
Type
UR
Revnluation reserve
24.744
(2.960)
21.784
Genernl Council and
Managem¢ni Commiltce
- designated fund
UR
40.(NJO
40.000
General Countil and
mana¥¢m￿l Committtt UR
Courtyard lighiing fund
(bounceback grant)
Disability ￿¢5$ granl
fund
150.956
27.180
(29.533)
190
14&793
30
(31KI)
270
1.500
{2.050)
550
New front doots fund
3.000
{4.950)
1,950
Courtyard project
1.000
1.000
General Council and
management commillee-
designated fund
(Courtyard project)
UR
2.069
2.069
Sports Committee and
arpet boivls club
UR
848
Totsl Funds as per bthnce sheet
?16.578
34.749
36.833
214.494
Kev.. UR = Unresirleiedfv￿S.' R - Rv.$iriciL'd incnmefill￿s
8) Related pgrty tran￿¢(b)m
During the period £175 (2022.. £266) was pid io Grnham Newman. a Truslee of ihe charity* for printing of
the assoriatim newsletter atHI membership card5. TheTe was no balance ouistanding in eiilier ycar. Graham
Newman ceased to be Trustee on Lxxxx as he sadly pgssed away.

CH.-IRITI' C()￿111]￿￿101￿ N'IIIqI4F.R: 1163286
()Id Fclixstoii'e Con)niunih' As50Ci4ltion
Report lind Financial Stiltcnients
Ye41r cnilc(l .IU .lune 2023

Old Fell￿t01¥e Communlty AssoelAtlon
Financial Statem¢nts
Year ended 30 June 2023
Contents
Page
Independertt exaihiiiees report
Slotement of finaiiciAI aciivities
Balance sheet
Noies to the financiol siaiemenis

Old Feltxslowe Communil) Associalion
Independent ExAminer's Report
YeAr ended 30 June 2023
report to the trusiee5 on my e.¥aniinalion of ihe accounis of the Old Fcli.xs¢owe Community Association for
the J'ear ended JO June ?023 as sei oui on pages 4 10 11.
Responsibilities bASiS of roport
As tlie ¢hariiy"s irnsiees of the Trust. )'ou art responsible for the preparaiion of ihe a¢¢ounis in a¢¢ordance
with Ihe requiremenls of ihe Cliarities Aci 2011 ('Ihe Act").
report in resp¢¢i of my examination of the Trust's accounts carried oul under section 145 of the 20 I l Act
and in ¢arying out In), exainiiialion I have follow¢d all th¢ appIl￿ble Direclions given by ihe Cliarily
Commission under sectton 145(51(b} of ili¢ A¢1.
Ind¢pendtllt examiner's statement
I have completed my ¢¥niiiinalioii. I confimi that no mol¢rial nigll¢r5 huve come to my nll¢ntion in ¢onn¢ciion
willi the examinaiion giiving Ine cause io believe that iii any Inaterial respect:
accouniing records were nol kepl in respeci of Ihe Trust as requircd by seclion 130 ofihe Acl: or
? the accounts do noi a¢¢OTd iviih those records; or
Ihe accounts do not comply lviih the applicable requiremenls ¢on¢erning ihe forn] and contents of
ac¢ounis set out in the Charities {Ac¢oiinis and Reports) Regulations 2008 oih¢r ihan any
requirement Iliat the accouiiis uive a '%ru¢ oiid lair" view which is not a maii¢r considered as part of
an independent examinalioii.
I have no Concerns and have cThne across no oih¢r maiteT5 in connection wilh the examination to ivhi¢h
aitenlion should be drnwn in Ihis report in order 10 enable o proper understanding of Ihe a¢¢ounis io be
reached.
Signed:
Robert Digby
DiBby & Co
38 Greenii'ays
Sutton Heaih
Woodbridge
IP12 3TR
Date:

Old Fellx$iowe Community Assoel#lioll
Statement of Fitt2n¢ial Activieies
Year euded 30 Juae 2023
Restricted
intome
funds
z Unrestricted
funds
Total
2023
Totsl
2022
Incoming re8oiir¢es
General Council and
Mana&Fement
Coinmillee
Tolal iiieoniing resourL¢S
36.783
638
638
37.421
37.421
34.749
34.749
Resources expended
General Council and
Management
Committee
Total e-wndliure
43.758
43.758
1.045
1.045
44.803
36.833
Nd income l (expendIt￿re)
(6.975>
(407)
(7.382)
(2,084)
Gross ¢rAasfers betweeD
593
(593)
Nei movemen¢ in
funds
(6.38?)
{i.000)
(7.382)
(?,084)
Total funds brought
forward
213.494
1.000
214,494
216,578
Total fund5 carried fornard
207.11?
207.112
214.494
All activities relate to coniinuing operntion&
The notes on pages 6 10 1 I fonn PArt of thc5¢ financial slat¢ments.

Old Felixslowe Community AssociatlOD
BalaDCC Sheet
Year ended 30 June 2023
Reslrictcd
in¢onJe
funds
z Unrestricled
funds
Totsl
2023
2022
Fixed gssets
Tangiblc a55ets
98.288
98.288
98.288
98.288
105.618
105,618
Current assets
Debio
Cash at bank and in hand
109,124
109.124
109,124
109.124
109,676
109,676
Credltors: atnounts fthlling due
within ODe year
10
Joo
300
800
Net current assets
108,824
108,824
108.876
Net assets
207.112
207,112
214,494
FuDds of the Charity
Unr¢stricted funds
Re5tri¢ted income funds
Revaluation reserve
13
13
188,288
188,288
191,710
1,000
21.784
18,824
18.824
Total funds
207,11?
207,112
214,494
The finan¢ial slatements w¢rc approved on behaifof all the Irusiees on 25-.1!:U..and We￿ signed by=
Doreen Savage
Chair ofTrusttts
Virloria While
Treasurer
51Page

Old Fellxstow'e Community As$oei4lion
No¢¢$ to the Financial Statements
Year ended 30 June 2023
l) Aeeotttttlng polltlt5
Basls of prepthrntlon
Tlie accounls have been prepared ullder ilie historical cost convention with items r¢¢ognised ￿ cost or
transaction valu¢ uiiless oilienYi5e stsled in Ihe relevant nol¢(s) lo th¢s¢ accounts. The accounts have b¢¢n
prepared in accordance with the Sialemeni of Re¢ommended Practice: Accounting and Reporting by
Charities preparing Ilieir accounts in accordance iyiili ihe Financial Reporling Standard applicable in the
UK and Republic of Ireland (FRS I O?) issued on 161h July 2014 and Ihe financial Reporting Siandard
applicable in the Uniied Kingdojn and Republic of Ireland (FRS 102) and the Charities Aci 2011.
Tlie charity constitu1¢5 a public benelil enlily as defined by FRS 102.
The trnstees considcr that ihere are no maierial un¢ertairtlies about the charitable company's ability, lo
coniinue as a going concern.
Income
Hall hi￿ income. voluntary income and donations are accounied for when received.
ncome tax recoverBbk in relation lo donations received under Gift Aid is recognised at ihe tiine of the
donation.
Goverftment grnnts
The charity has received governmeni granls in the re￿Ing pert(yJ.
Expenditure
All expenditure is accounied for ffl ali accruals basis and is recognised when Ihere is a kgal or Construclive
obligaiion committing the charitv lo pa}, out resources. Expendilure has been allocaied betivttn categories
on a basis designed to relleci ihe use of1￿ ￿50y￿e.
Tangible fixed assets
These capilalised if Iliey can be used for more thali one year, and cosi at least £ IIXI. All fixed a￿¢¢8 ate
initially recorded at ¢051.
Depreciaiion is provided on all lalib>1b￿ fixed assets ai rdles calculaied lo wri1¢ off the cosi of each a55et
over its expeeied uscful life as folloils:
Long leasehold land and buildinbs
Fixtures, furniture and IK>wls equipment
over ilie perit)d of the lease
150/0 on net book value
Fund accounting
General funds are unrestricted fuiids i%'hich are available for use at ihe di5¢r¢li(M of the Truslees in
furtheranee of the general objectives of Ilie ¢liarity llnd i%,hicli have not been designated for other purposes.
Designaied funds coinprise unreuricid funds thAI have been set Aside by the TTUSittS for particular
purposes.
Resiricied funds funds iyhicl) are to be used in accordance ii'iih specific resirictions imposed by donors
,hi¢h have beert raised by the charity for particular purposes. The cost of raising and adTninisiering such
funds charbled abainst the specific fund. The aim aiid use of ¢a¢h r¢stri¢l¢d fund is set out in the notes
to the financial slalemcnls.
61 Ptlbe

Old Felixstowe Commwnits. Association
Notes lo the Flnancial Statements
Year ended 30 June 2023
2) Allalysls of i#¢oming reso•rces
General Council and M?w¥g¢me•t
Committee
2023
2022
Total
fufjds
Total
fmnds
Umrestricted
Re5tricied
Subscriyions and atTilialion fees
Community market5
Summer fair
Christmas card scheme
Hiring in¢ome
Beverdges
Fundraising
Doftaiions
Government grants
Grnni income
Newsletter advertising
Photo¢opyin8
Interest
1785
4211
1.760
596
?4.920
389
49
1.517
1785
4211
1.760
596
24.920
389
49
1,517
3.308
3,360
2,069
16.795
235
175
2,667
5.500
448
638
638
336
23
197
336
23
197
36.783
638
37.421
?8.532

Old Fellxstowe Communl(v Asso¢i*li(
Notes to the Finaneial Slalemellts
Year ended 30 June 2023
3) Analysis orrl￿￿rC¢$ expended
General Councll #tyd MgDagement
Commil¢ee
2023
2022
Tolal
runds
Tol41
funds
Unrtstrltted
Restrided
Reni (PCC)
Insurance
Web pa¥¢
Fire inspeciion
Newsletier winling
TeleplK)
Repairs and renewals
Attounlancy fees
Donations
Electricily
Gas
Rates
Waier rnies
Refuse collectton
Cleaning
Administrdiive expenses
Bevernges
tkpreciation
1.027
173
234
438
.034
16.838
105
1.027
173
234
438
.034
17.838
105
2S
1.947
4.115
389
441
2.510
5.750
1.339
103
1.008
73
180
460
808
12.0?5
1.0
45
709
3,987
358
1.947
4.IlS
389
441
2.510
5.750
1.339
58
7.330
43.758
1.477
6.470
774
21
45
1.045
44,803
36.833

Old Felixstowe Community. Associ4lion
Noles to the Financi41 Statements
Year ended 30 June 2023
4) Tanglble fixed gssets
Long
leasehold land
buildings
ixlures.
rurnlture and
equipmenl
Total
Cost or vlluation
As at l July 2022
02,576
69,524
272,100
Additions
Disposals
As gt 30 June 2023
202J76
69J24
272,100
Depreciation
As at l July 2022
116,684
4,211
49.798
3,119
166.482
7,330
Charge for the year
DepTe¢iation on disposals
As at 30 Jun¢ 2023
120095
52,917
173.812
Nel Book Value at 30 June 2023
81fi81
16,607
98388
Nd Book Value ai 30 June ?02?
85.892
19.726
105,618
Cosl or valuation is represented by:
Cosi
Valuation
32.576
170.000
202 J76
69.524
102.100
170.000
272 100
69
24
S) D¢b¢ors
2023
2022
P￿PaymentS and accrued income
6) Crtditors: Amounts falling due wifhln one lear
2023
2022
Accruals and deferred incom¢
Relurnable deFw)siiS held
21KI
200
600
800
31K

Old FellLStowe Comm•ttity AssocialioD
Noles to the Finallcial Statements
YeAr eoded 30 Jllne 21)23
7) Analysls of movement ID funds
Cyrr¢nl year.
Fund
b*l*DttS
broughl
forward
Fund
balances
earried
forward
Income
ExpeAditure Trnnsfer5
F¥nd names
Type
UR
Revalualion reserve
21.784
(2,960)
18.824
General Council and
Management Commillee
designated fund
UR
40.(
40.000
General Council and
Management Committee UR
148.793
36.783
(34,386)
{3.750)
147,440
Warni room project
638
(45)
(593)
Court￿rd yoie
( 1.000)
Generdl Council and
monagemeni commit￿e-
designated fund
(Courtyard projea)
UR
1069
(9.372)
7,303
Sports Committ¢¢ and
carpel bowls club
UR
Total Funds as per balance sheet
214.494
37.421
44.803
207.112
The transfer on the revaluation reserve represents Ihe depr¢ciati(m ¢harg¢ ff laiing to the revalued element of
long leasehold land and building&
ioi p

Old Felix51owe Comm¥Bity Associ*iloD
Noles to tke Financial Statenhtknts
YeAr eoded 30 Jllne 2023
Prior year.
Fund
lanees
earned
rorw4rd
bg14nceJ
bromght
rorward
Expenditore Transfers
Fund names
Type
UR
Revnluation reserve
24.744
(2.960)
21.784
Genernl Council and
Managem¢ni Commiltce
- designated fund
UR
40.(NJO
40.000
General Countil and
mana¥¢m￿l Committtt UR
Courtyard lighiing fund
(bounceback grant)
Disability ￿¢5$ granl
fund
150.956
27.180
(29.533)
190
14&793
30
(31KI)
270
1.500
{2.050)
550
New front doots fund
3.000
{4.950)
1,950
Courtyard project
1.000
1.000
General Council and
management commillee-
designated fund
(Courtyard project)
UR
2.069
2.069
Sports Committee and
arpet boivls club
UR
848
Totsl Funds as per bthnce sheet
?16.578
34.749
36.833
214.494
Kev.. UR = Unresirleiedfv￿S.' R - Rv.$iriciL'd incnmefill￿s
8) Related pgrty tran￿¢(b)m
During the period £175 (2022.. £266) was pid io Grnham Newman. a Truslee of ihe charity* for printing of
the assoriatim newsletter atHI membership card5. TheTe was no balance ouistanding in eiilier ycar. Graham
Newman ceased to be Trustee on Lxxxx as he sadly pgssed away.