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2024-03-31-accounts

Charity Registration No. 1170134

ALL SAINTS COMMUNITY ASSOCIATION CIO

TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

ALL SAINTS COMMUNITY ASSOCIATION CIO

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Miss D Watson
Mr K Jessen
Mrs R Milne
Mr C Scudder
Charity number 1170134
Principal address All Saints Community Association
Stanley Street
South Shields
Tyne and Wear
NE34 0BX
Independent Examiner C Jeavans ACCA
35 Westfield Avenue
Crawcrook
Tyne and Wear
NE40 4DR
Bankers Barclays Bank PLC

ALL SAINTS COMMUNITY ASSOCIATION CIO

CONTENTS

Page
Trustees’ report 1-2
Independent examiner’s report 3
Receipts and payments account 4
Statement of assets and liabilities 5
Notes to the accounts 6

TRUSTEES’ REPORT

ALL SAINTS COMMUNITY ASSOCIATION CIO

FOR THE PERIOD ENDED 31 MARCH 2024

The trustees present their report and accounts for the year ended 31 March 2024.

Structure, governance and management

The charity was established under its constitution on 11 November 2016 and registered as a charity with the Charity Commission on that date.

The trustees who served during the year and up to the date of signature of the accounts were:

Miss D Watson Mr K Jessen Mrs R Milne Mr C Scudder

The appointment of trustees is set out in the Constitution.

The recruitment of new trustees is periodically undertaken by the Board, which follows an open and fair recruitment process taking due account of both the skills and needs of the charity and the desire for its membership to reflect the diversity of the local population.

The Charity and its property are managed and administered by a board of trustees, which can have between three and fifteen members.

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.

Objectives and activities

The charity’s objects are the promotion of community participation in healthy recreation by providing facilities for recreational and leisure-time activities.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

ALL SAINTS COMMUNITY ASSOCIATION CIO

TRUSTEES’ REPORT (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2022

Achievements and performance

The main challenge in 2023/24 Financial year continued to be the increase in energy prices along with attracting more individuals and businesses to use the centre. Our position this year was greatly improved after a grant from another community centre following their closure. We have continued to attract new businesses/groups to the centre. All saints will continue to focus on this along with looking at possible funding avenues.

Financial review

The receipts and payments account on page 4 shows a surplus of receipts to payments of £24,776 for the year ended 31 March 2024.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months’ expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in income, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.

On behalf of the board of trustees

Trustee - Donna Watson Dated 8 June 2024

ALL SAINTS COMMUNITY ASSOCIATION CIO

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF ALL SAINTS COMMUNITY ASSOCIATION CIO

I report on the accounts of the charity for the year ended 31 March 2024 which are set out on pages 4 to 6.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not require for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

C Jeavans

35 Westfield Avenue Crawcrook Tyne and Wear NE40 4DR

Date: 8 June 2024

ALL SAINTS COMMUNITY ASSOCIATION CIO

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE PERIOD ENDED 31 MARCH 2024


Receipts
Annual Fees
Community Association Levies
Other
Lettings
Canteen
Corona Virus Job Retention Scheme
Grant
Corona Virus Small Business Grant Fund
Centre Income
Interest Received
Total receipts
Payments
Canteen
Telephone
Independent Examiners Fee
Miscellaneous expenses
Repairs renewals and cleaning
Consumable materials
Staffing costs
Travel
Insurance
Capital purchases including Coffee Shop
Utilities
Total payments
Net receipts (payments)
Funds from last year end
Funds this year end
Unrestricted Funds
General
Designated
£
£
-
-
-
-
-
-
-
105,902
185

106,087
-

1,800
746
325
1,997
4,967
-
38,328
-
1,643
-
31,505

81,311
-

24,776
-
33,195
-

57,971
-
Total
2024
£
-
-
-
-
-
-
-
105,902
185

106,087

1,800
746
325
1,997
4,967
-
38,328
-
1,643
-
31,505

81,311

24,776
33,195

57,971
Total
2023
£
-
-
-
-
-
-
-
52,351
7
52,358
911
815
375
1,673
2,229
-
36,096
-
1,612
250
25,518
69,479
(17,121)
50,316
33,195

ALL SAINTS COMMUNITY ASSOCIATION CIO

STATEMENT OF ASSETS AND LIABILITIES

AS AT 31 MARCH 2024

Fixed Assets
Value of coffee shop equipment
Cash Funds
Current account
Staffing account
Savings account
Total cash funds
Stock
Canteen stock
Other Monetary Assets
Debtors
Liabilities
Creditors
Unrestricted Funds
General
Designated
£
£
683
-
4,598
-
3723
-
53,000

57,971
-

-

-
-

200
-

The accounts were approved by the trustees on the 8 June 2024

Trustee – D Watson Trustee – K Jessen

ALL SAINTS COMMUNITY ASSOCIATION CIO

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

1. Trustees

None of the trustees (or persons connected with them) received any remuneration or benefits from the charity during the year.