Charity registration number: 1166058 Company registration number: CE006928
Westbury Community Project CIO
Report of Trustees and Unaudited Financial Statements
For the Year Ended 31 March 2023
JG & Associates Hubspace 414 Marco Polo House 3-5 Lansdowne Road Croydon CR0 2BX
Westbury Community Project CIO
Contents
| Trustees' Report | 1 to 2 |
|---|---|
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 6 |
Westbury Community Project CIO
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
Structure, governance and management
Nature of governing document
The charity is controlled by its governing documents, a deed of trust and constitutes a charitable incorporated organisation.
Reference and Administrative Details
Principal Office Byers Memorial Hall 183 Handcroft Road Broad Green Croydon Surrey CR0 3LF Charity Registration Number 1166058 Company Registration Number CE006928
Page 1
Westbury Community Project CIO
Trustees' Report
Charity Registration Number
Trustees
1166058 Rev Joel HAYE (Chair) Richard BOWEN (Vice Chair) Jasmine BROWN Martin BROWN Natalie BRYAN Angela EDWARDS Samuel FACEY Tyrone FORBES Jennifer GORDON Neville JOHNSON Steven JOHNSON Rev Grace WALDER
The annual report was approved by the trustees of the charity on 23 August 2023 and signed on its behalf by:
......................................... R Bowen Trustee
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Westbury Community Project CIO
Statement of Financial Activities for the Year Ended 31 March 2023 (Including Income and Expenditure Account and Recognised Gains and Losses)
| Income and Endowments from: Notes Expenditure on: Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds carried forward 3 |
Totals 2023 £ 0 0 0 |
Totals 2022 £ 0 |
|---|---|---|
| 0 | ||
| 0 |
The notes on pages 5 to 6 form an integral part of these financial statements.
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Westbury Community Project CIO
Registration Charity Number: 1166058 Statement of Financial Position as at 31 March 2023
| Notes Total assets less current liabilities Net assets/(liabilities) Funds of the charity: Total funds 3 |
Totals 2023 £ Totals 2022 £ 0 0 0 0 0 0 |
|---|---|
For the financial year ending 31 March 2023 the charity was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 3 to 6 were approved by the trustees, and authorised for issue on 23 August 2023 and signed on their behalf by:
.........................................
R Bowen Trustee
The notes on pages 5 to 6 form an integral part of these financial statements.
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Westbury Community Project CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
1. Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Westbury Community Project CIO meets the definition of a public benefit entity under FRS 102.Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The presentation currency of the financial statements is the Pound Sterling (£)
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Fund structure
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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Westbury Community Project CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
2 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
3 Funds
| 3 Funds |
||||
|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | |
| 1 Apr 22 | resources | expended | 31 Mar 23 | |
| £ | £ | £ | £ | |
| Total funds | 0 | 0 | 0 | 0 |
4 Related party transactions
There were no related party transactions in the year.
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