2024-09-30-accounts

Sherfield Park C-niniiliinll%. As%cK ial I()11 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Charity Number 1170953

SHERFIELD PARK COMMUNrrY ASSOCIATION-TRUSTEES INFORMATION Audrey Gordon Ichairman) Sardh Mofgan tTrea5urerl Claire Walker- Resigned 23 Aprfl 2024 Sue Yearsley- Resi8ned 11 June 2024 lan Pegram Davina Klmber- Appolnted 11 June 2024 Matt Ree￿5 Dr Mark Kevin Gardner Helen Jones- Resl8ned 13 February 2025 sally Palmer Lesley Phoenlx- Appolnted 11 Jun• 2024 R05allnd Guy- Appolnted 23 Aprll 2024 Mlck Cooper- Appolnted 23 Aprll 2024 Reshml Sarkar- Appolnted 23 Aprll 2024 Ch•rlty Plumber 1170953 Prlrflpl• Addr•ss Sunwood Drlve 5herfleldryon-Loddon H{￿k Hampshlre RG27 OFP Ind•p*￿•￿t Ex•mlner GTP A¢counttn8 & 8uslness SeThlces No. 11 RNer51de Rlverslde Park Famham Surrey GU9 7UG 8•nk•rs Barclays Bank PIC 8 Market Place Basin85toke Hampshlre RG217QA

INDEPENDENT EXAMINERS REPORT TO THE TRUSfEES OF 5HERFIELD PARK COMMUNrrY ASSOCIATION Independert examlnerfs report to the Trustees of Sherfleld Park Communlty A$s￿lItiOn I report to the Trustees on my examinatlon of the accounts of the above charity l-the Trust") for the year ended 30 September 2024. P*spOn￿bIlItIeS and ba￿5 of report As the charlty's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the CharltSes Act 20111.the Acf}. I report in respect of my examinatlon ofthe Trust's accounts carried out under sertion 145 of the 2011 Act and In carryin8 Out my examination, I have followed the appllcable Directions given by the Charity Commission under settion 145(5llb) of the Act. Independent examlnerfs 51atement The charity's 8ross income did not exceed £250,1)W and l am quallfied to undertake the examination by being a quallfied member of Association of Chartered Certified Accountants. I have completed my examinatton. I can conflrni that no material matters have come to my attentton In connection with the examination which gives me cause to believe that In any materlal respert: accountln8 records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accountin8 records,. the accounts did not comply with the appllcable requirements concerning the form and content of accounts set out in the Charittes (Accounts and fleF￿rts1 Re8u13tion5 2008 other than any requirement that the accounts give a 'true and fair, view whlch Ss not a matter onsldered as part of an Independent examination. I have no concerns and have come across no other matters In connection with the examination to which attentlon should be drawn in this report in order to enable a proper understanding of the accounts to be reached. rp Accounting & Busines5 Services ACCA No. 11 Riverside Rlverside Park FaTnham Svrrey GU9 7UG Date., 171bJ2Y

SHERFIELD PARK COMMUNITY ASSOCIATION RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestrictèd lund5 Restrlcted fund5 Total 2024 Total 2023 Charitable artivities Grants and Donations Fundraising activities Hire Charges Rentsl incorne Other income 11,596 372 20,141 85,346 24.874 1,617 11596 49,415 20.141 85.346 24.874 1.617 8,667 32.448 18A22 75,288 25,738 538 49.043 Totsl Re(elpts 143,946 49,043 192,989 161.501 Charitable artivities Furldralslng and events Employee costs Cleaning costs Admlnistration Maintenance Utilities Insurance & Licensir78 Asset Purchases replacements Other lincl. Sundryl Profe55ional Fees 3,423 8,264 50,859 20.679 528 24,266 12.473 2,685 1,635 5.357 2,327 1,756 13,462 6,922 5.179 21,n6 57.781 20.679 528 47.291 12,473 2.685 1.761 5,357 1.327 13,447 46.IM6 17.960 213 28,119 13.197 23.025 126 IA19 2,788 1.116 131496 45.291 IT7.787 P4etvecelpts/(pqymentsJ 11,450 15202 31.019 Cash funds at beginning of the year 107.098 13.648 120.746 89.727 Cash fund5 th15 year end 17.400 120.746

SHERFIELD PARK COMMUNITY ASSOCIATION ASSETS AND LIABILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 2023 Cash and Bank Cash Reserves 10,983 119.451 18,567 100.701 Tot￿ a75hfvids 130A34 119.268 Other Monetsry assets Debtors 2.244 Flxed Assets for the Charlty's (Mn Gifted assets Purchased assets 16,798 S9,341 76.139 27,142 27.142 Total Assets 157576 197,651 UABILMES Refunds due Tax liabilities Income in advance Deposits Supplier amounts due 11,1711 1,168 950 3,523 385 Totsl Uablllties 4,470 385 Net Assets 153,106 197,266 Approved by the trustees on the ioltsl and si8ned on their behalf by: clc Audrey Gordon (Ch•lrnMnl

SHERFIELD PARK COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 L Donitlon5 and Grnnts Donailons kindly recelved in thÈ year were all unrestrlcted. Restricted fund 8rant5 recelved In the year have been allocated In accordance wlth the Grdntor's wishes. Fundraising income recelved in the year consists of restricted income that has been allocated in accordance with the fundraisln8 purpose. 2. Thlstees expen5•5 Durlng the year, seven trustees were relmbursed the total Sum of £6,771 for varlous assets and expenses including Computer equipment, DBS fees and subsistence purchased for the charlty, all Incurred whlle carryln8 Out thelr duties12023: £Nil). No trustee received any remuneration or other beneflts during the year. The charity purthased IT 5UPPOrt ser¥lces totallin8 £65912023: £NIII from an employee of company controlled bv one of a trustee5. The trustee declared their interest, wa5 not involved In the declslon to contract the ernplo￿e. and the ser¥lces vAre provlded at a market rate. 3. Flx•d Ass•ts lor the Charws own us• Unrestrfct•d 43sets- Cost Fumlture, Flxtur•s and Flttln Comput•rs and other equlpm•nt 11,494 Sportln8 and Dèvelopment •qulpment 975 Tot•1 As at l October 2023 63,670 76,139 Gffted additi¢)ns Purchased addltions 11.234 11,234 Disposals As It 30 September 2024 148.2311 111,0251 19751 (60,2311 26,673 469 27,142

1. GolnB concern At the time of approving the receipts and payments account, the trurtees, have a reasonable expertation that the charfty has adequate resources to contlnue in operational existence for the foreseeable future, Thus the Trustees conunue to adopt the golng concern basis of accounting in preparin8 the intome and expenditure account.

Tru8tae8 Report for Shertleld Park Comrnunlty Auoclatlon- Presented at AGM on 10th June. 1. Charlty Det8lls Chorlty N8m6: Sherfield Park Community Association Charlty Number• 1170953 Rqlstored Addr6sg: Sherfield Park Community Centre, Sunwood Drive, Shertield on Lod(Jon, Hook RG27 OFP Tru8tMs Servlng Durlng tho Year: Audrey Gordon {Ch8irm8n) Sarah Morgan (freasurerl Claire Walker- Re3igned 23.4.2024 Sue Yearsley- Reslgned 11.6.2024 lan Pegram Davina Klmb8r- Appolnted 11.6. 2024 Matt Reeves Dr Mark Kevin Gardner Hel8n Jones- Resigned 13.2.2025 Sally Palmer Le31ey Phoenlx- Appolnted 11.6.2024 Rosalind Guy- Appointed 23.4.2024 Mlck Cooper-Appointed 23.4.2024 Reshmi Sarkar-Appolnted 23.4.2024 2. Structur•, Governance and Managoment Shertield Park CommunltyAssociation is a ch8rit8b18 incorporated organisation whose constltution was adopted on 3.1.2017. The trustees a￿ appointed byvote of the existlngtru8tees, at any of our monthly meetings or at the AGM. The charity has 6 paid staff. Day-to-day operations are managed by our Centre Manager, and Assistant Manager, overseen bythe trustees. with help from volunteers.

1. ObJoCtlv•s and Actlvities The charity's objective is to advance education and to provide facilities in the Interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life by associ8ting together the inh8bitants and the local authoritie3, voluntary and other organisations. Establish, or secure a Communlty Centre and to maintain and menage the same (whether alone or in eooperation wlth any local authority or other person or body) In furtherance of these objects: Promote such other charit8ble purposes as may from time to tlrne be determlned. We ensure our activities further our charitable purp0888 and provide 8 clear public beneflt. Achl•v•m•nts and Performance In the ye8r 8ndlng 30th September 2024 We held 8 range of cornmunlty events from craft ev8nlngs. to pub nlghts, and of cour88 Sherfest our annual music and food festival fundraiser. We contlnued to hlre out our rooms to 8 range of organi8atlon8 who provide activities for our residents ranglngfrom Zumba to 5 8 slde footb8118nd dog trdlnlng. We contlnued to offer our receptlon area as a warm space, and we run weekly community groups Including craft. and 0-5's playgroup and ourweekly community c8fa We updated the centre to make It more energy efflclent with the support ot 8 grantfrom the Ioc8l councll. Our youth group continues to thrlve. wlth 5096 of 8ttend8es comSn8 from out81d8 of Sherfield Park. especiaLly as new developments continue to be built around us. Enhanced our digital engagementthrough a rev8mped website, and increased SOC18l meLlia presence. All of the above activities are In line with our objectives. We draw vlsltors and users from across the development. We attract users and hirers from new neighbourlng developments, and the wlder 8re8. We continueto build p8rtner8hipswith Local 88encies and 88wan increase in volunteer participatlon.

2. Flnanclal Rev18W Totsl income for the year was £192989, including: Grants and Donations £47415 Funclr8ising events". £20141 Total expenditure was £177787 primarily on staff ing costs. stagingfLJndraising events. and maintenance. The charity ended the year with cash reserves of £119451 split between general reserves. and our maintenance reserve account. Our reserves policy states we should hold 6 months running costs and this figure meets those requirements. We remain financially stable and anticipate this to remain the case.

3. Plans for the Future In the corning year. we plan to: Commence delivery of a wellbeing programme, providingtasters of alternative acttvities, to encourage new users to the centre. Apply forfurther grant fundingto undertake some refurbishment of the community centre, Investigate opportunities for expansion of our services
4. Admlnistr8tlve Informatlon Bankers: Barclays Bank PLC. 8 Market Place, Basingstoke. Hampshire RG217QA Independent Examlner: GTP Accounting & Business Services, No 11 Riverside. Riverside Park. Farnham. Surrey GU9 7UG Webslte: v￿W.shertieIdparkCommunity.cO.uk Approved by the Board ot Trustees and slgned on their behalf: Audrey Gordon (Chair) Date: IcIL- I I'i