LYDE GREEN COMMUNITY ASSOCIATION ACCOUNTS YEAR ENDED 31 MARCH 2022 Re8lstered Charlty Number 1172725
LYDE GREEN COMMUNITY ASSOCIATION FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 202 CONTENTS PAGE Trustees annual report Independent Examinerfs report 12 Statement of financial activities 13 Balance sheet 14 Notes to the accounts 15
LYDE GREEN COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2022 Full Name: Lyde Gen Community Association Reglstered Charity Number 1172725 Address: Thistle Close Bristol BS16 7GW Trustees: Kel Adams Robert O'Brien Louise Thomson Sue Matthews Laura O'Brien Teresa Taylor Matt Palmef Ed Rosevink Independent Examlner: Geoff Archer Bristol Community Accountants CIC The Park, Daventry Road, Knowle Bristol B54 IDQ Bankers: National Westminster Bank 778 Fishponds Road Bristol BS16 3TX
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 The Trustees present their report and accounls for the year ended 31" March 2022. Lyde Green Community A55ociation is a Charitable Incorporated Organisation ICIOI, registered with the Charity Commission and governed atcording to its assotiation constitution, adopted 24, April 2017. Objects of the Charlty The objects of the charity are to promole the benefit of the inhabitants of the area of benefit without distinction of sex, sexual orientation, age, disability, nationality, race or of political. religious or other opinions. by associating together the said inhabitants and the statutory authorities, voluntary and other orBanisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improvlng the conditlons of Ilfe for the sald inhabitants,. to establish, or Secu the establishment of, a community centre and to maintain and manage the same (whether alone or in cooperation with any statutory authority or other person or bodyl in furtherance of the objects; - to promote such other charitable purposes as may from time to time be determined. The charlty shall be non-party in politics and non-sectarian in reli8ion. The area of benefit I'area of benefit") shall be Lyde 8reen, South Gloucestershire and surroundln8 area, and the nelghbourhood together defined by Lyde green. Lyde Green Community Centre Thistle Close Emersons Green Bristol B516 7GW l. Introductlon This is LGCA'S annual report folFowin8 yet another challenging year, when like many other charitles we have continued to be impacted by repercussions and knock-on effects of the Covid 19 Pandemic. It has been a year where the LGCA has yet again demonstrated its resilience- keeping the CommiJnSty Centre operational and working to support the Community. 2. Objectives and Artlvltles "Creating our communitVs future" Over the past year the association has been working hard. running the Community Centre to ensure it serves the community appropriately. arranging events and facilitating the Lyde Green Partnership Group to ensure that our communtty is represented at every level. OLrr strategic aims are: To listen to and represent the views and best interests of those living in Lyde Green To develop a communty spirit and sense of pride across Lyde Green
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 To help improve the local area and support it5 actwities for those that INe here To work together wtth all local partners for the benefit of Lyde Green residents. Our business objectives are: Building the local communlty through events Strengthening Partnership working Setting up and developing Lyde Green's Community Centre Listening to the Community Communicating wtth the Community Developin8 the Association Growing the Board of Trustees We undertake the followlng artlvltles In pursult of achievlng the alms and obJertl¥es outllned above: Organi5in8 events for the l(Kal community to attend Quarterly Partnershlp Meetlngs and1Saison wlth partners and stakeholder5 Runnin8 Lyde Green's Community Centre Offerlng opportunitles for the community to volce their views about life in LG Communicatin8 Wlth the Community TraSnlnB and development for staff, volunteers, and Trustee5 Durlng our sixth year of operation, and frfth as a charitable incorwrated organisation ICIOI, we are pleased to say that we continue. even In the most challenglng of tlmes to make pro8ress across our alms and objective5. We have 5ummarised thi5 below. 3. Achlevements and perfomance a. Bullding the Local Communlty- Events As the pandernic continued to impart the community throughout 2021, soclal events were minimal and many of these took place outside in fresh air to reduce Covid 19 transmission risk. We supported a kiln building and firing event at Brandy 8ottom Colliery to ensure that loc81 community members had the opportunity to take part in events that share the history of our community. We are very proud ihat a selection of these pots, made by community members can be seen on a display in our atrium. Once Covid restrictions had relaxed. we were delighted to be able to pull the community together with a Halloween Disco, Half-Term Story events, soft play and craft sessions and quiz nights. We held fabulous Christmas Fayre, including a local Brass Band playing carols, stalls of locally produced crafts and baked goods a5 well a5 the man in the big red Suit in his Christmas Storytime Grottol The costs of each of these events was kept as low as possible in order to ensure that they were accesslble and affordable to as many as possible. We also made clear that anyone who would like to attend but wa5 Struggling financially should approach us as we could help with the costs. Thi5 offer was accepted on several occasions and we provided free of charge places to those most in need. All of these events were heavily supported, and made by possible by, our fantastic staff team, volunteers and Trustees.
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 We have worked hard to maintain a stron8 presence online on our website and on social media platforms to engage and inform the Community. Partnershlp Workln8 We continue to facilitate and be actlve In a partnership network that are eommitted to developing Lyde Green as a new community. Partners include representatives from South Gloucestershire Council, Emersons Green Town Council. the Consortium of Developers, Green Square, housing associations, NHS, and the school. This fonjm has enabled us to put fon¥ard residents, concerns and ask for chan8e. We conlinue to work tlosely with other community groups such as Lyde Green Open Spaces and the Neighbourhood Watch in the interests of building relationships and creating a strong, safe, and pleasant community. We are also working closely wiih the team at Edward Jenner Court, newly bullt extra-care houslng provision to ensure that their residents are welcomed into the community. Grant funding has been sought and won to enable several tommunity Broups to take plate. Downtime is a group that aims to bring the community together by building friendships and contart and preventing social isolation. Lyde Green Book Club has the aim of sharing great books and reading tO8ether- this group runs both on social media and in person at the Community Centre. We are also proud to continue to support the STAR Ishare Talk and Remember) group offering peer bereavement support. The aim of this group is to create a safe space for people to receive 5UPPOrt and to listen to and share stories. This is one of the many community initiatives which has developed because of the impact of the pandemic. We have also sUPPOrted other vital local servi$ and charitable cause5 through offering space in the Centre free of Chae, lending equipment and even holding bucket collections during other events. We are very proud that we can continue to support the community through such a challenging time.
LYDE GREEN COMMUNI ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 b. Lyde Green'5 Community Centre Our community centre staff, Trustees and volunteer team have worked hard to keep the building running and the doors open. We are grateful for their commitment and willingness to constantly 80 above and beyond. Re8ular artivltles at the Centre include a large variety of activities with somethin8 to suit most ages and abllilies. Some classes and attivities remain free of charge for members of the community. The classes currently on offer include: l. Pilates and Zumba 2. Dance Clas5es- jazz, Ballet, Modern, Tap and Baby Ballet 3. Martlal Arts (Judo. Akibudo. Brazilian Ju jitsu and Taekwondoll 4. After Stroke Support 5. Children's Football Teams 6. Yoga 7. Beavers and Cubs 8. Comrnunity Learning Sessions 9. Healthy Heart5 Cardiac Fitness We also have several babyltoddler classes and groups on a regular basis. These Include Music wlth Mltmmy, Talking Tots, Sing and Sign, Baby Sensory. Moo Music as well a5 a parentlcarer play group run by volunteers frorn St James church called Mango Jams. We are proud to be part of a dlverse communlty. several religious groups now host thelr Services and meetings at the Centre. We also host meetings. conferences, and drop-ln sesslons from local businesses. The Centre is also available for bookin8s for parties and events and weekends are most often busy With these types of bookSng. Coffee at Lyde. the onsite café. has continued to bring people into the Centre and the cafélatrium space is a popular cholce for many members of the lotal community- The LGCA is proud to have continued to support and work closely with Coffee at Lyde as a start-up business, helping make the Centre a vibrant, welcoming place for the whole community and ensure they remain a 80ing concern following the pandemic. The running of the Centre 15 certainly not without challenge and we continue to look for support from the community and partners around us. Our staff team. Trustees and Volunteers work tirelesslv to make the Centre MO than just a building and to ensure that this Vltal service remains open 8nd accessible. c. Usienln8 to the Communlty We aim to always offer a friendly face within the community and Ilstening is a key part of the work we do. Once able, we ran re8ular dropin sessions in and around the communlty centre. Alongside our more formal listening exercises we have an open-door policy and take every opportunity to talk to members of the local community.
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 We are workin8 hard to improve our communicalM)n skills, enrolling all slaff on British Sign Language classes with the goal of being able to communicate with the community in dtfferent ways. d. Communicatin8 With the Communlty We have continued to communicate using our monthly column in ihe local free newspaper IEmer50n's Green Voicel and offer as many updates as we can uslng our soclal media platfomis, the Communlty Notlce board ovtside the Centre and our websr¢e. The Community Centre has been a fantastic method of sharing with the community what is happening in the local area. We have many notice boards packed wilh events and activities. We also promote local consultations and requests from the Council to encourage residents to have a stronger voice in the community. e. Developln8 the Assoclatlon Across the course of the year, we have used our meetings to Share knowledBe and experience. We propose that over the comin8 year we will introduce a formal training budget and provide further opportunities for development for staff, volunteers, and trustees. Growln8 the Board of Trustees We have recruited new volunteers across the year and plan to contlnue thls work In the comlng year. It Is Important to keep freshIng those involved where we tan to gain new perspectives and alternatlve vlews on the work we do. Our aim is lo encourage mernbers of our community to join our Board of Trustee5. This has been a real challenge for the Assoclatlon over recent years. The effects of the pandemic have seen numbers of Trustees at their lowest point and recruitinB new volunteers has proved extremely difficult. This is a key i55ue and attracting new Trustees 15 a priority over the comln8 year. Summary ot publi¢ benefiis In undertaking our work throughout the year, we have had regard to the Charities Commisslon Guidance on Public Benefit including the 8uidance'public benefit: running a charity IPB21'. In summary the LGCA has provided a number of benefits to those within our area of responsibility and, indeed. many outside of the immediate area. We provide opportunities for members of the community to meet others in the area. thus avoiding the potenlial pitfalls of social isolation. We offer a variety of events and services through the Community cent and also provide key information about the local area. Our partnership work aims to provide an opportunity for rnany to voice their thoughts and for those in positions of responsibility to be held to account. As a whole, the work of the LGCA contributes to making Lyde Green a great place to live with a strong sense of place and cornmunity. 4. Financial Review At 31 March 2022, the charity had unrestricted funds of £62,759. designated fvnds of £10,991 and restricted funds of £5.129. The Trustees a pleased that the level of reserves has been maintained from 2020-2021, particularly as the pandemic has impacted hire of the Community Centre during this financial year.
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 Reserye$ P¢llcy and Rlsk Mana8ement Given the large liability of running the Community Centre. the Tfustees are working towards having a consistent level of reserves that equates to at least nine rnonth5 of running costs. The continued impact of the pandemic has highlighted the need for a reserves policy that covers many eventualities, and the reseNes present at the end of the financial year have allowed the Trustees to confidently recruit a new team to continue and expand the work of the charity whilst hirer income is uncertain. A separate sinking fund is in place, held as designated funds, as require(I by our current lease agreement with the Council, to ensure that there are funds available for any unintended major building repairs. Golng concern The trustees have revlewed the circumstances of the charity and consider that adequate resource5 continue to be available to fund the activities of the organisation for the foreseeable future. The trustees are therefore of the view that the charity is a 8oin8 concern. 5. Structure, GovernaNe and Management Governance The LGCA is a Charitable Incorporated Orgènisation ICIOI and 15 8overned by a constltutlon which 15 available to vlew in full on our website. We are committed to Improving year on year and we intend to be8in working Wlth a local partner Charlty to Improve our Governance, Constitution and Polkies In line wlth best practice. The 8o•rd of Trustees During this financial year, Loulse Thomson stood down as Secretary and Trustee, we would like to thank her for her hard work and dedication to the charty. Honorary OfflcSals following our AGM In October 2021: Kelly Adams Robert O'Brlen Vacant Louise Thomson ChaSrperson Vice-chair Treasurer Secretary Remained in post Remained in st Re*le¢ted Trustees following our AGM in January 2021: Kelly Adams Robert O'Brien Louise Thomson Sue Matthews Laura O'Brien Teresa Taylor Sadik Al-Hassan Matt Palrner Zeenat Jagroo Ed Rosevink Re-elerted Remained in post Remained in post Re-elected Remained in post Remained in post Stood down Remained in post Stood down Remained in p051
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 Our Chairperson and Vice-chair a requi(1 to voted in by the new trustees at the first committee meeting following the AGM. We are pleased that both Kelly Adams as Chairperson and Robert O'Brien as Vice-chair remained in post. Together they have shown themselves to be a 5tron8 team lead for the board of Trustees. Louise Thomson was re-elected as Secretary. and we would like to acknowledge her work prior to her stepping down during thi5 year. Despite tontinued concerted efforts to fill the post our Treasurer role remains vacant, we will continue to work towards filling this post and recruiting to the Trustee team to ensure that the board of Trustees remains engaged, passionate and committed to the Charivs works. Employed staff The LGCA currently employ a Charity & Centre Manager and a Community Centre Assistant. Related partles The trustees consider ihat ihere are no related parties to the charity Message from Chair A Messa e from the Chair - Resilience and Re rowih Emotional awareness. physical wellbein& social 5UPPOrt, optimism, problem solvlng, creatlnB opportunltles, strengthening relatlonships, self-belief, choice and control. The words above are Just some of the Important aspects of resilience, whi15t the words below are important aspects of reBrowth. Recovery, awareness, actlon. connectlon, considefatlon. co-operatlon, advocacy, sUPPOrt, self-care, compassion, transformation. As a community, these are just some of the traits we have shown throughout the entSrety of the pandemic. The strength this community has shown whilst dealin8 with a pandemic and its ever-changing news is great example of resilience and, together we have shown how resilient we are by providlng opportunities for re8rowth and regeneration in the community. In this last year we have been thrilled to see not only returnin8 groups. clubs and activities to the centre and Lyde Green but more than before bringing people of 311 backgrounds together socially to fulfil their needs in socialisation, fttness and wellbein& health and support and much mo. I have witnessed first-hand how group5 have come together from members of the community to offer a welcorning support network for all, Downtime is one amazing example of this, Downtime has grown from the idea5 of a lovely 8roup of residents from the community who really enjoy offering support to others, lenilifig a helping hand and coming together whilst sharing their own skills and learning new ones in the process. By facilitatin8 them to come together and offer the space and support needed we have watched this group go from strength to strength and are proud of what they have athieved to date. We have seen the return of much needed events including Childn,$ soft play sessions, family discos, quiz nights and community charity events bringing social fun and excitement back into Lydel
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 Rona the Rattlesnake. a communrty gesture and fun activity started by Helen Thompson wa5 moved to her permanenl place outside the community centre and celebrated by all at a community event as well as some of the beautiful covid artwork produced and donated by Julie Caswell which was given a home inside the community centre. All things that can help us remember how we came together in a time where we were pulled apart. We were able to offer support through food LXeS for those who need a little extra help and Christmas hampers for those nominated by their community for their action and support to others during covid, all made possible with help from staff, trustees and volunteer5 from the communltv collecting donations and making up boxes and hampers to suit the different needs of the recipients. As well as this we have worked closety with local supermarkets Includlng local branches of Lidl and Sain5bury5 who kindly offer a neighbourfy surplus tlonation to charities to be able to offer these items out to the tornmunity so that they can 80 to good use instead of going to waste. These donations are collected once twite weekly by our lovely centre staff and include store cupboard Staples, bread, veBetables, fruit and flowers. Again, this is something we really enjoy beinB able to be a part of. The communily are always so grateful for the things on offer and its especially lovely when you can see how much joy a bunch of flowers can bring to someone when they are havlng a bad dav or a dlfficult time. 1am so proud of how far we have come as a tharity as the assoclatlon and hub for our comrnunltv and how far we as a community have come to get back on our feet and provide the regrowth our communlty needed for the future. We are forever growing and changing and so our community wlll 8row and change with us and I'm certain the next yeaf wlll bring about more excitin8 OPPQrtunities to continue creating a stron8 and safe communlty for all. 8y the lime you read this you will have seen some of the things WÈ are currently working towards for April 2022-2023 includin8 making plan5 alongside Lyde Green Open Space with help from funders to work on our community garden and planning community events for Her Majesty's Jubilee celebrations, all thin85 I hope you will have had time to get Involved with and enjoy. I have been very lucky to be a part of this community myself from 2015 and to have chaired the association from the very be8innin8. With every aspect of charity responsibility, I have grown and learnt along the way and am very thankful to be in such a rewardlng position within a great group of supportive trustees and an amazin8 community network. Thank you Your Chair Kelly Adams 10-
LYDE GREEN COMMUNITY ASSOCIATION TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 Trustees. responsibilities in relation to the financial statements Law applicable to charitles in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charit(s financial activities during the year and of its financial position èt the end of the year. In preparing those financi61 statement5, the trustees are required to- Select suitable accountin8 policies and then apply them consistently* make jud8ements and estimates that are reasonable and prudent: state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statemenls- and prepare the financial statements on the going concem basls unless It is inoppropriate to presume that the charity will continue in business. The trustees are responsible for keepin8 proper accountlnB records that d15close wlth reasonable ccuracy at any tlme the financial position of the charity and to enable them to ensure that the financial statements comply wrth the CharIt5 Act 2011, the applicable Charities IAccounts and Reports) Regulations, and the provlslons of the governin8 document. The trustees are also responsible for safe8uardin8 the assets of the tharity and taking reasonable steps for the preventSon and detectlon of fraud and other irre8ularilies. The trustees declare that they have approved the trustees. report above. Approved by ihe trustee5 and 5i8ned on their behalf by.. Kelly Adams Robert O'8rien Date... .2.q.....l.1.....1021 11
LYDE GREEN COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 MARCH 2022 Independent examlnerfs report to the trustees of Lyde Green Communlty Asso¢latlon I report to the charlty trustees on my examination of the accounts of the charity for the year ended 31" March 2022. ResponslbllStles and basis of report The charit$ trustees are responsible for the preparation of the accounts. The charitws trustees consider that an audit is not required for thi5 year under section 144 of the Charities Act 20111'the Charlties Act'l and that an independent examination is needed. It Is my responsibility to- Examine the accounts under sectlon 145 Charities Art, to follow the procedures laid down in the general Directions 8Nen by the CharSty Comrnission (under section 14515llbl of the Charities Act: and to State whether particular mattets have tome to my attention. Ba51s of Independent examlnerfs report My examination wa5 carried out In accordance wlth the general Oirectlons given by the Charlty Commlssion. 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 actounts. and seeking explanations from you as trustees concernin8 any such matters. The procedures undertaken do not provide all the Èvidence that would be required in an audit, and consequently no opinion is 8Nen as to whether the accounts present 'true and fail and the report is lirnited to those matters set out In the statement below. Independent examlnerfs Statement In connection with my examination. no matter has come to my attentlon: 11 which gives me reasonable cause to believe that In, any material respect the requirements.. to keep accountinB records in accordance with sertion 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met: or 21 to which, in my opinion. attention should be drawn in order to enable a proper understandinB of the accounts to be reached. It should be noted that Brlstol Community Accountants provide bookkeeping services to Lyde Green Community Association. I confimi that my duties are se8re83ted, and l èm not involved in the day to day bookkeeping matters of the charity. Geoff Archer, Bristol Community Accountants CIC The Park, Daventry Road, Knowle. Bristol 8S4 IDQ Date .. 0111212022 12-
LYDE GREEN COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL AcfiviTIES Ilndudlng Income and Expendlture Account) YEAR ENDED 31 MARCH 2022 Unrestricted Funds Restrided Funds Totsl Funds 2022 Total Funds 2021 Note Incomlng and Endowments from: Donations and le8acies Charitable activities Other tradln8 activities Investments 18,238 73,539 89 26.284 74.596 89 76,043 16,157 1,057 Total Income 91.867 9.103 100,970 92,204 Expendlture On.. Charitable actVItieS Other 72.388 4,476 23.986 96.374 4.476 91,804 491 Total Expendlture 76.864 23,986 ICQ,850 92.295 Net Income 15.1x13 114.8831 120 1911 Gross transfers between fund5 2,101 12.1011 Net movement In funds 17.104 116.9841 120 Total fund5 brou8ht forward 56.646 22,113 78.759 78.850 Total funds ¢arrled fon¥ard 73.750 5.129 78,879 78,759 Atl of the activSties of the charity are dassed as ¢ontlnuin8 The note5 on paoe$ 15 to 211orni part of these flnandal ststements As required by paragraph 4.67 of the SORP, the brought forward and cArried forward fvnds ab¢)ve have been a8reed to the Balance Sheet. Details of the allocation of 2021 total fvnds beeen unre5tri¢ted and restrided are shown In note 17
LYDE GREEN COMMUNITY ASSOCIATION BALANCE SHEET YEAR ENDED 31 MARCH 2022 2022 2021 Note Fixed assets Tangible assets li 4.138 5,748 Current assets Debtors Cash at bank and in hand 9,302 70,837 80,139 7,995 69,432 77,427 Totulcurrentossets Credltors: Arnounts fallln8 due wlthln one year 15,3981 14,4161 Net current ussets or lièbilities 74.741 73.011 Totallaet$0rl1Obllftles 78,879 78,759 The Fund5 of the Chwrlty Restricted funds Unrestricted Ivnds Genenjlfunds Deslgnt7tedfunds 15 5.129 22,113 62.759 10.991 46,393 10,253 78,879 78,759 These fSnanclal statements ol Lydè Green Community Assotiation re8iStèred number 1172725 were approved by the trustees and are signed on their behalf bv: Kelly Adams Robert 0'8rie Date Date The notes on pages 15 tts 21 form part ofthese Ilnan¢lal statements -14-
LYDE GREEN COMMUNITY ASSOCIATION NOTESTO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 Atcountlng Polldes 8asls of preparatlon These accounts have been prepared under the historical tost convefttion with items recognised at cost or transaction value unless Otherwise stated in the relevant notelsl to these accounts. Thè financial statements have been prepared in actortlance with Accountyn8 and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities pParIng their accounts in accordance with the FInancal Reportln8 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettive l January 20191- (Charities 50RP IFRS 10211. the Flnancial Reportin8 Standard applicable in the UK and Republtc of Ireland IFRS 1021. The accounts have been prepared on the assumption that the charity is able to continue as a 8oin8 concern, which the trustees consider appropriate havin8 re8ard to the current level of unrestricted resèrves. There are no material uncertainties about the charity's ability to continue as a 80in8 concern. The charity meets the definStion of a publlc benefit entity as defined by FAS 102 and ha5 therefore taken the advantage of the disclosure exemption available to it in relation to presentstion ol a cash flow statement. Fund ac£ountln8 Unrestricted Funds These are available for use at the discretion of the trustees In furtherance of the general objects of the charity. These are unrestrlcted funds earmarked by the trusteès for partlcular purooses. Deslgnated funds Restrictèd funds These are available for tsse sublect to restrlctions imposed by the donor or through tèm)s ol an appeal. Income Recognition of income Income is included in the Statement of Financial Activitie5 ISOFAI when the charity becomes entitletl to, and virtually certain to receive, the Income and the amount of the Income can be measured with suffieiÈnt reliability. Income with related expenditure Where income has related expenditure the Income and related expenditure is reported 8ro55 in the SOF Donatlons and le8aoe5 Voluntary income received by way of grants, donatlons and 8ifts 15 induded in the SOFA whèn receivable and only when the Charity ha5 unconditional entitlement to the income. Tax reclaims on donation5 and 8ifts Income from tax reclaims is included in the SOFA at the same tlrne as the 8iftldonation to which it relates. These are only included in intome Iwlth an equivalent amount in expenditurel where the nefIt to the Charity Is reasonably quantifiable, measurable and material. Volunteer help Expendltufe Recognition of expenditure Expenditure 15 recognised on an accruals basis. Expenditure includes any VAT which tannot be fully recoVed, and is reported as part of the expenditure to which it relates. .15-
LYDE GREEN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 Expenditure on raising funds These ttsmprise the costs associated with attraeting voluntary incorne, fundraisin8 trading costs antl investment management costs. Expendlture on tharitable activities These comprise the costs incurred by the Charity in the delivery of its activitie5 and services in the furtherante of its objects. including the making ofgrants and govemantè C05t5. Governante t05t5 Thesè include those costs associated with meeting the constitutional and statutory requirements of the Chafity, including any audittinijependent Èxamination fees, costs linked to the strategic mana8ement of the Charity, tQ8ether with a share of other administration costs. Other expendlture These are support costs not allocated to a particular activity. Taxatlon The charity 15 exempt from corporation tax on Its charitable activities. Tan8lble Ilxed assets and deprecl*lon Tangible fixed assets are carried at cost less a¢¢umulated depreuation and impaiment10$5es. Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economii life of that asset as follows.. Office Equipment Fixture5 and Fittin8S Trade and other debtors Trade and other debtors are recognised at the Settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and eash èquivalent5 comprise cash at bank and on hand, demand deposits with banks and other short-term hS8hly liquld investrnents with ori8inal maturities of three months or less and bank overdiafts. In thè statement ol financial position. bank over(Jrafts a shown within borrowin8s or current liabilities. Trade and other credltors Short terrn creditors are measured at the transaction price. Other ¢reditors and provisions are tOgniSed wherè the charlty has a present obli8ation resultin8 from a past event that will probably result in the transfer ol funds to a third party and the amount due to settle the obli8ation can be measured or estimatèd reliably. Creditors and provisions are norrnally recognised at their settlemtnt amount after allowlng for any trade di5¢0unts due. 3 years straight1Sne 3 years str4i8ht line Flnanclal Instrumènts The charity only has financial assets and financial liabilities Of a kind that qualify as basic financial instruments. 8aslc financial instruments are initially retognised at transaction value and Subsequently measured at thelr settlement value. Penslons costs The charitable company operates a defined contribution pension scheme. The a55ets of the scheme are held separately from those of the charitable company in an independently administered fund. Pension costs charged in the financial statements represent the cgntribution payable by the tharitable company durin8 the year. The trustees confirm, in ècctsrdan with the Charitsble IntoOrated Organisations IGenerall Regulations 2012. that at year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets ol the cio. 16.
LYDE GREEN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 Income and End¢)wments From.. Donation5 and Legaclès Unrèstrkted Funds Restrlcted Fund5 Totsl Fvnds 2022 Total Funds 2021 Donations Grant income Mlscellaneous income 1.226 16.8(KJ 212 2.551 5.495 3,777 22,295 212 2,789 72,909 345 18,238 8,046 26.284 76,043 Dortotions ond Legocies prioryear Unrestrirted Fund5 RestrKted Funds TotolFunds 2021 Donotlon5 Gront irtcome Mi5celloneous Income 1119 30.601 345 1670 42,308 2,789 72,%19 345 32.065 32,065 76,043 Charltablè Actlvltles Unrestrlcted Restrfcled Funds Funds Totsl Funds 2022 Total Funds 2021 Centre hire Events 71.349 2.190 71,349 3,247 15,965 192 1.057 73.539 1.057 74,596 16,157 Choritoble artlvltie5prior yeor Unrestricted Fund5 ReSt[red Funds Totul Funds rotol Funds Centre hire Events 15,965 138 15.965 192 16.103 54 16,157 Other Tradlng Artlvltles Unrestrkted Restrlcted Funds Funds Totsl Funds 2022 Total Funds 2021 Tuck shop sales 89 89 Other troding octivitie5priofyEor- oll unrestricted 17-
LYDE GREEN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 Expendlture on: Charitable Artivltles Unrestricted Restrlcted Funds Funds Total Funds 2022 Total Funds 2021 Salaries Donations Recruitment expense Consultancy & professional fee5 Advertising Office costs Event5 Rates Insurance Waste & cleanin8 Internet, phone & websltè Furniture & equipment Subscriptions and rnember5hips Miscellaneous costs Repairs and renewals Depreciation Bank & transaction lees Training 8ad debt5 and Covid rent loss 25.193 17,909 3.025 43.102 3,025 164 3,749 13 1.565 2,981 657 461 18,326 1,931 518 1,237 245 7.158 5.818 447 62 4,915 30.530 164 3.290 13 1,325 2.089 657 461 18.296 1.661 518 853 245 6,474 5,818 354 62 4.915 719 21,019 1,542 1.708 1,771 459 240 892 268 11,474 6,165 986 646 284 5,223 8.919 30 270 93 549 Choritgble Artivitie5prior yeor Unrestricted Funds Restrirted Funds TotolFunds 2021 Sqlgries Recruitment expense Consultancy & profrsslonolfees Advertising Offjce costs Events In5urunce Woste & tleoning Interner, phone & website Furniture & equipment Subscription5 Ond memberships Miscelloneous costs Repoirs ond renewols Deprecit7tion 8onk & trons¢rctionfre5 Trolning 15,803 719 7.139 14,727 30.530 719 21.019 1,$42 1,708 1.771 13.880 1.542 932 1578 776 193 11.129 3,165 866 646 126 345 11,474 6,165 120 158 1.318 284 5,233 8.919 8,919 505 549 Other Unrestrlcted Restrfcted Funds Funds Total Funds 2022 Total Fund5 2021 Independent examination Accountsncy fees 575 3.901 575 3,901 491 4,476 4.476 491 Otherprioryetsr- oll unrestricted
LYDE GREEN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS Y&4R ENDED 31 MARCH 2022 Net In¢omln8 resour¢es for the year Thls Is stated after charging: 2022 2021 Independent Examiner'5 Fees 575 491 Staff costs and nymbers The aggre8ate payroll costs were.. 2022 2021 Wages and Salaries Social Securlty Costs Penslon Costs 42.535 30,242 567 288 43,102 30.530 No employee received emoluments of more than £60,Cth)12021.. £Nill The average monthly head count was 3 staff12021: 3.5 staffj The key mana8ement personnel of the charity comprise the board of trustees and the Centre Manager. The total employee benefits of key management personnel, durin8 the year, total £2S,17412020.' £14,493). Trustee expenses The charity trustees were not paid or received any other benefits from employment with the charity in the year 12021.. £nill. The trustees were not retmbursed expenses durln8 the year 12021.. £nill. No charity trustee received payment lor professional or other services supplied to the charity12021.. £nill. 10 Related party transactlons The were no related party tran5action5 durin8 the year12021.' £nlll 11 Tanglble fixed assets Office Equipment Flxtures and Fhtlngs Total Cost At the be8innln8 of the year Additlons At the end of the year 2.288 23.778 4,208 27,986 26.066 4,208 30,274 2,288 Depreclatlon At the beginning of the year Charge lor the year At the end of the year 1.082 763 1,845 19.236 5.055 24,291 20.318 5,818 26,136 Net book value At the beglnnin8 of the year 1.2(6 4.542 5.748 At the end of the year 443 3.695 4,138 -19-
LYDE GREEN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 12 Debtor5 2022 2021 Trade debto Prepayments 8.980 322 6,800 1,195 9.302 7,995 13 Credltors 2022 2021 Trade creditors Depgsits held Accruals and deferred income 2,673 2.150 575 3.925 491 14 Corporatlofi Taxatlon The charity is exempt trom ta¥ on incorne and gains talllng wlthin section 505 gt the Taxes Act 1988 or section 252 01 thè Taxation of Char8eable Gains Act 1992 to the extent that these a applied to its charitable objects. 15 Movement In funds At 01.Aw 2021 At 31.mar 2022 Incomlng Out8olng Transfers Restrlcted funds Sovereign Housing South Gloutestersh5re Coundl- MAF South Gloucestershire Councll Many Hands Crowd Fundèr Covid Recovery Projects STAR Bereavement Grp, Downtlme & Lyde Green Book Club Jubilèe Extravaganza ommunity Garden Women's Menopause & Wellbein8 Daves 8raSn Fund 12.204 1.8C 815 798 338 6.152 112.2041 19981 18081 18151 17981 13101 16.1521 1281 7L 1,5L 2,295 11801 1511 14501 70 1,449 2,295 825 490 11751 13,1181 3.608 22.113 9,103 123,9861 12,1011 5.129 Uniestrlcted funds General funds Deslgnated funds Total unrèstrkted funds 46.393 10.253 91.129 738 176.8641 2,101 62,759 10,991 Total funds 78,759 100.970 11(K),8501 78,879 Transfer between fvnds- Transfer from restricted funds to unrestrirted funds relates to contribution to overheads during the year and transfers from SGC are due to restricted costs in the previous financial year bein8 incorrectlv allocated against unrestricted funds. Designated fund- Building repairs and rnaintenance. The designated funds for maintenance are held in the reserve bank account.
LYDE GREEN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 Purposes of re51rirted funds Sovereign Housin8 South Gloucestershire Council South Gloucestershire Council Member Awarded Fundin8 Many Hand5 Community Development and Centre Manager Many Hands Pro8ramme & LGCC interior and 8arden Audio Visu31 Projert Funded by Livewest. Kni8htstone Housin8 and Southern Brooks Community Partnership- for Happiness Sessions Covid Projects and Free school meals Funded by Emersons Green TC Natyonal Lottery and Postcode Lottery Crowd Funder Covid Response Projects STAR Bereavement Grp. Downtime & Lyde Green Book Club Jubilee Extravaganza CommunSty Garden Women's Menopause & Wèllbeing Daves Braln Fund Funded through South Glou¢ester5hire Counul and St Monica Trust Diamond Jubilee events funded by South Gloucestershire Council Funded by MAF and Live West Funded by Southern Brooks Community Fundrai5in8 for Ial resident 16 Analysls of net assets betsveen fvnds Unrestrkted Funds Re5trlcted Fund5 Totsl Funds 2022 Tan8ible fixed asset5 Cash at bank and in hand Other net current a55ets or liabilities 4,138 65,708 3,904 4,138 70,837 3,904 5,129 73.750 5.129 78,879 17 Analy$15 of charltable fvnds- prevlous year. as requlred by paragraph 4.2. of the SORP Unrestrkted Funds Restrl¢ted Funds Total Funds 2021 Incomlng and Endowments Irom: Donations and le8acies Charitable activities Investments Total Income 32.065 16,103 43.978 76.043 16,157 Expendlture On., Charitable activitles Other Total expendlture 54.160 491 37.644 91.804 491 Net Income 16,4791 6,388 1911 Gross transfers between funds 1.942 11.9421 Net movement in funds 14,5371 1911 Total funds broughtlorward 61.183 17.667 78.850 Totsl funds c3rrled forward .11 -21-