THE PLACE ANNUAL ACCOUNTS 2023-24 HP CHARITY REGISTERED WITH THE CHARITY COMMISSION FOR ENGLAND AND WALES REGISTRATION NUMBER 1175671 The Corn Exchange Faringdon SN7 7HL
Trustee Report The Place Charity, which is a Charitable Incorporated Organisation, was set up in 2017. Its objectives are advancing the education of families through the provision of training and family support facilities and groups, provision of advice and support and guidance on issues relating to childcare. Its main activity is to fund raise for the Children's Centre located in the Corn Exchange, Faringdon. The Charity receives grants and amounts raised by local fund raisers which it uses to fund the Children's Centre. The Place acts also as a steering Board for the Town Council. The Children's Centre operates in premises owned by Faringdon Town Council and is run bv Spurgeon's Children'5 Charity under a Service Level Agreement they have with the Town Council. Oxfordshire County Council provided grants for the initial set up of the Children's Centre which were held by the Town Council. The Place pay the difference between the running costs of the Children's Centre and amount paid by the Town Council to Spurgeons, although in the initial years the amount5 paid by The Place were small with costs being covered by the County Council grant. Si8ned Treasurer 22" July 2024
Annual Accounts for the financial year ended 31" March 2023 The Accounts are maintained on a spreadsheet and summarised below. A separate bank account has been set up for managing the Charitys transactions. The Accounts are maintained on a receipts and payments basls, in other words they reflect the transactions completed within the financial year which run5 to 31" March 2024 The Charity owns no assets nor employs staff. The Town Clerk acts as Treasurer, her time being funded by the Town Councll as part of their support to the Charity. This sUPPOrt is not reflected in the amounts below. Income and Expenditure Account 2022123 2024124 Income 6,818.58 Donations 5.350.16 33.189.88 Grants 24,634.70 Note I Totol 29,984.86 Expenditure 26,356.50 Administration 1.171.37 Note2 2,117.61 Community Support 8,030.10 28 47411 Total 9201.47 11,534.35 Surplus 20,783.39 Statement of Current Asset5 and Reserves 60,758.36 Bank Balance 81.923.97 446.57 Petty Cash 64.35 61204.93 Total
Charlty Fund 49,670.58 Opening balance 61,204.93 11,534.35 Surplus 20,783.39 61204.93 Closing balance Notes l. Grants The main grants the Charity received in the year included..
Dragons Oen Grant £2,146 Faringdon United Charity Grant £18,399.60 FEATGrant £1,446 2. Administration The Place pay the difference to the Town Coijncil between the running costs of the Children's Centre, under the Service Level Agreement with Spurgeon's and the amount paid by the Town Council to Spurgeon's by way of subsidy to the charity. The amount due to the Town Council at the end of March 2024 in respect of 2023124 was £23,830.02. This amount was paid to the Town by The Place on 26, April 2024.
Report of the independent examiner to The Place Report on the accounls of The Place for the year ended 3111 March 2024. which ar¢ set out on pages 2 and 3 of the attached. Respedive responsibilities of trustee and independent examiner The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year {under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is need¢d. It is my responsibility to Examine the accounts (under section 43{3)(a) of the 1993 Act) Follow the procedures laid down in the Generdl Directions given by th¢ Charity Commissioners (under section 43(7)(b) of the 1993 Act). and Stat¢ whether particular matters have come to my attenlion. This report is made solely to the Trustees of The Pla¢¢ in a¢cordan¢e with the Charities Act 1993. My work has been undertaken so that I might state to the Trustees those matters I am r¢quir¢d lo in an examiner's report and for no other PUTpose. To the fullest extent pem)itt¢d by law, I do not accept or assume responsibility to anyone other than the Trustees of The Place for my work. for this report. or for the opinions I have fonned. BASIS of independent examiner's report My examination was carried out in accordance with the General Direction for Independent Examination issued by the Charity Commissioners. An examination includes a review of the accounting records kept by tlie Charity and a comparison of the ac¢ounts presented with those records. It also includ¢s consideration of any unusual items or disclosures in th¢ accounts and seeking of explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would b¢ required if a full audit was undertaken, and consequently I do not express an audit opinion on the view given by the accounts. Examiner's statement In conne¢tion with my examination, no matter has ¢om¢ to my attention: (l ) which gives me reasonable cause to believe that in 8ny material respect the requirements: to keep ac¢ounting records in accordance with Section 41 of the Act.. and to prepare accounts which accord with the accounting rewrds and to comply with the accounting requiretnents of the Act, have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a pro]Kr understanding of the accounts to be reached. Christopher Hackett For and on behalf of Auditing Solutions Ltd 22 July 2024