Liss Community Association CIO TRIANGLE Centre of your Comfflunity Registered Charity Number: 1175723 Trustees, Report FOR THE YEAR ENDED 31 MARCH 2024 The Triangle Mill Road Liss Hampshire GU33 7DX
LISS COMMUNITY ASSOCIATION CIO INDEX Content 3-10 Report of the Trustees 11 Independent Examinerfs Report 12-13 Statement of Financial Activities 14 Balance Sheet 15-19 Notes to the Accounts
Llss Communlty Association CIO A Registered Charity- Number 1175723 ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 The members of the Truste8s prgsent their report for the year. The Trustees oftha Charity during all or part of the period were.. - Chairman David Thacker Christopher Dowiy V1Ge-Chaman Ch8rmi8n Porton Caroline Sedgwick Treasurer Suè Halstead Malcolm Madgwick Buildings Manager Sue Jordan (non Irusleel Coffee Bar M8n8ger 8renda James seClary The Charity's address is.. The Triangle Comtnunity Centre, Mlll Road, Llss, Hampshire, GU33 7D Website.. wNw.liss-trian le<entre.or .Lrk The Charity's bankers are Santander plc at BooUe. The Chadty is sometimas known locally as the Triangle Community Centre, or lh8 Triang18 Centr8, or simply the Triangl8. 1. Structuro Governancg and Mana gmgnt Tha Charity was established by a Deed of Constitution and was registered by th8 Charity Commlssion as number 1175723 on 14fr. November 2017. The charity is organised as an independent charitable incorpofatsd organisation lass(Kiatiorb mod&ll with a committee of trustees that comprises members elected al the nUal General Meeting or nominaled as ststed in the Gonstilulion (by affiliated voluntary organisations, or by local govemmentl andlor ¢[Opted during Ihe year. The day-l04ay management of thg Triangle is delegated to a part-time C&nlre Manager, Karen Fe8n8y and a part-liffle Bookke&per, Alex Boyce. One of the Trustees acts as thr lin8 manager. AJI finanaal decisions gre81er than £250 and all strategic decisions are retained by the tnJst8es.
2.ob ectives and Activltles 2.1 The Objects as laid out in the ConstitutSon of thè A$slatiOn are to: al Promot8 the b8nefil of inhabltsnts of Lis5 Civil Parfstr. and the neighbourt)ood defined by the a(Jjacenl parlshes Iher8811gr oalled °the areas of benefiv), wthout distinction of sex, sexual orientation, race or political, religious or other oplnions, by associating logethar the said inhabi18nts and the local authorili8s, voluntary and other organisations in Gommon effort to advance education ané lo providg faThlities in the interests of social wellare lor recreation and leisure-lime occupation with the obiect of improwng the conditions of lrfe for the said inhabitants., bl Establish or secure the eslablishmenl of a Community Centre (hereafter called °the Centre'l and to maintain and manage the same {wl)ether alone or in Covoperation with any loal authority or person ts)dyl in furtheran of thése obj8cIs. cl Promote such other charitable purposes as may from time to time be dolennin¢d. The Association shall be norppaty in pol¢$ and non-sectarian in religion. 2.2 Public Benefit The Iruslees of Liss Communlty Assocralion CIO believe that the Association provides significant Public Benefits 10 facililale development both individual and communal in Ilne th the objectives of the constitution. By effective use of volunteers, raising donations locally and using grants, the Associati minimises its charges and feos. to make its f8cili118s and servicès widely available. The Assoaation places no limitstion as to beneficiaries. Approximatdy 40,/9 of our hirers are comfflunity groups who benefit trom a 50Vo reduction in hire Charges. 2.3 Aims The Association aims to make Uss a vibrant community. The aim is $upport8d by maknng the Triangle an aSSsIble and welcorning hub al the centre of the village. We provide at very Iow-COSt mms of varying sizes and facilities for all manner of clubs, societies and activities that are useful lo village life. We also take initiatives that aim lo improve th& quality ol life in the village. 2.4 People The current Officers of the Triangle.- Davkl Thacker as ChairTnan, Chris tknwty as VIc8-Chairman, Garoline Sedgwtck as Treasurer, Brenda James as Secretary, Malcolm Madgwick as Buildings Manager, Chamiian Porton and Su¢ Halstead. In addition, Sije Jordan acts as Coffoe Bar Manager. All these individuals ntinUed to make a signifunl conlrlbution to the Association during the year and we thank fhwn for their hard wofk. We would lika lo express thanks and appreciation lo the Trustees. stsff and all volunteers for their Continu support for the past y8ar. Th@ Trustees meet r4ulady lo monitor finances, and to discuss future plans. 3. Achiav8m8nts The "Friends of the Triangle. stheme has conb'nued to SLSPPCKt th8 Association's finances Mth ov8r 70 regular donors The 8dminislration of the scheme. which illctudes the ClectiOn of gtft aid from around ¥0 of donations reCved Is managed by the offiG8 Staff ar)d Tdsh Slemp our office vdunteer. Up until July 2023, the Trustees employed Sandy Tumer lo run the AS.C. along a8 many stsff needed lo wver the session8 as necessary. Sandy aniy her team are lo be ngratulated ft)r the care and interest they look over many years in the Ghildren's weyare.
The beneffls lo th.e Gommunity that this centre offero cann.ol be undoreslimaled.. and we host classes and activities t() sull all ages and interests. Pre-school, baby clinlcs, Pilates and Italian are just a lasler of the wde scope of activities that we offer. Th8 larger societies, such as Liss Horb'c4Jltural, knss ea Historical and Liss in Stitchès hold their monthly meellngs heTr and appreciate the warm reception that they rThie. The coffee bar is open Monday to Saturday and is run by an a¢iNe group of volunteers who sell lea, coffee, juices and freshly baked cakes and scones. Their welcoming attitude and low pricBS mean that they ar8 always busy, and they play 3 significant role in makir,g the Triangle the successful 'h88rt' of the village that il is. We are all proud of the coffèe bar, it is the heart of our centre offering a tempting variety of beverages and home bakgd cakes. The Coffee Bar also providos a meefy'r.g )la¢e for locals to meet and Ghat WILI thèir frlends and neighbours helping lo redLKe cases of social isolation and reduce mental health problems. We recognise the importanc8 of this facility within the centra and offer grateful tha.oks to Sue Jordan, who manages the day lo day activiti85 and ensures th8 smooth running of the facility. Our thanks lo the coffee bar committ8e and their team of volun18ers for the excellent sgrvic8 they provide aftd the Iirn8 they give up helping us and their monthly donation lo Tho Triangle Centra. There are currgnlly 8 affiliated groups. Tlg Triangle couldn't function without the help of wslling volunteers who bring with them a wide range of skills. We now hav8 over 100, mar,y serving in the cDffee bar, or helpir.g at events. We are aayS keen to find new partidpants who an bring with them fresh id88s and a willingness lo help the local community. Chalr orson's Ré Welcome all to the AGM. I hope all is well with you and your families. The Triangle has had another interesting and challenging year. The Centre Mana58r and th8 Acoounlanl will give you more detsils of the events and bookings over the last year, as well as the stale of the finances, later in the ffteeting. including the progress of the user forum, which has had good engagemanl lo dale. Personally, I would like lo thank the Centre Manager and the Triangle staff for all their hard work over the year again and wlthoul whorn the Triangle would hav8 struggled. I cannot reilerale ht)w grateful l am lo them. l am also immensely Ihankfvl to Sue Jordan and her team of votunleers for their dedication and hospitality rith the coffee bar provision. which has proved yel again to b6 a mainstay of the Triangle and a popular local meeting polnl. The biggest chang8 for tha Triangla, followng the diffi(xlt decision th• Trustees made, was lo ckise the Altgr Sch1 Club (ASCI al the end of the summer temi 2023 after 25 years. The Trustees kept the ASC under rewew after the pandemic, as nurnbefs were falling and eosts were not being covered, but our preferred solution of transfer lo anolh8r provider proved rK&I to be possible. The retirement of the ASC manager and Ihe responsibility ond restru¢turing needed to continue in a heavi regulated sector m8anl that the Trust8es d8ded, aftar the year-¢nd. to close the ASC from late July 2023. Tha Trustees are inordinately grateful for the yeats of dedication and hard work from all the ASC staff over 118 25-year life. with special thanks to Sandy Tumer, Jill end and Karen Gilbertson, who sleer@d us through the P8nd&mic. We wish them all the best for the fvture and thank all the families that used the ASC over the years.
In rospecl of the Triangle's building, kne contractors have completed work on the main arch and replad the lintel thus reinforcing the structure. Also, as I'm sure you'll hava noticed, we have had th6 two classrooms {where the AGM is taking place) redecorated, which was well overdue. Currenuy, the Centre Manager is working through a programme of Improvements lo the buSldlng, which should enhance each user's axperience. Finally, as wlh each y8ar. we ara looking 81 Trustee succession planning and encourage all applications lo join us and help bring difforonl voices and ideas to Triallgle. IF you think you would like lo be part of tha Triangle, please let th Trustees know. So, thanks for your support over the year and I look forward to seeing the Triangle used even more. As ever, keep an eye out for our newslett6rs and pl6ase check out our Fa(*txx)k page. Davld Thacker, Chalr of the Trustees Coffee Bar Re ort Finance (Full dolails attached). The overall takings in the Coffee Bar fw the year less expÈnses was £11,58e and in addition lo that £466.85 nel was donated by customers enjoying the soup nub. £7.200 was transferred lo the LCA We held three Community Hdp Days raising £4S) for Macmillan by holding a Cake stall, £50 was donated lo The Heart Trust and £50 to Liss Area Historical Associab"on both these were from 1h8 Coff8e Bar sales 5UPPOrting the events they were having to mise their own funds, a donation box is available on the coffee bar where visitor5 can place a donation if thsy so wsh. W8 aro trying to keep our prices down lo encfxjrage customers lo c[tinUe to Come in on a regular basis lo enjoy soclalising and supporting the Triangle. Overall, ihe Coffee Bar is very well supported but we have noticed a decline in the amount of cake we sell but the toast leacakes are selling well. The Library, is very popular thanks lo Judith Bardett wtyo organizes it. keeps it tidy. and regu18dy updates the books so that fresh ones are always avallable. Users of the library pul a donation in the pot. A new addition is the Jigsaw brary vthich has also provgy lo be very popular. I would like lo expre8s my thanks to Ihe Coffee Bar Team, who all lake on spaTiC rol6s associated with Its running - Trish Slemp, Lynda Nicholls, Lorraine Roberts & Marilyn fimney., all huge supporters of the Triangle. Thank you 8180 to the office, Karen, Alex & Sandie for all their support and last bul not lea81 a very blg thank you to all the volunle8rs who not only help with the Coffee Bar and bake cakes etc. bul also help with many other Triangle events and of course a huge thank you lo all our customers and not forgettiThJ (hg rRrètaker, Jason & Jane the cleaner who unlock and clean ready for the opening ir. the morning. Sue Jordan Coffee Bar Organtser Event5 Re ort We had a busy cinema year In 202>24 wlth Ihe followfng films being shown: My Fair Lady, Harold Fry, Hallelujah, Barbie, Emplre of the ght, Living we also tried a Film & Fo(xl event, showing the comedy Book Club whith w8s very wall reiVed and enjoy8d by marsy. We tried something new at Christsnas with a showlng ol an Andre Ri8u Christmas Concert. We also h8ld a Chrisbnas childr8n's activity moming film. Our fundraing activities w8r8 slightly reduGg
during this financial yea," duè lo the scaffold and works taking place in the front dassroom. We intend to increase tha evgnls on offer durip.g year ending April 2Q251o Trielp boost OLJr fvndraising income. In egdy Seplembgr we enjoyed another very successful Beer and Music Festival which resulted in another £4,600 being raised for the centre wlh approximately 400 people coming along and enjoysng tfr.e excellent cholce of b6ers and ciders. the Hogrnoor Gln Bar, the Scouts BBQ and the fantastic livg music. We would like to thank our sponsors who help?d us lo fund the cost ol the drinks and Cllr Roger Mullenger who gave us a grant for the entertainment In June 2023 we hold our Exhibition which was enjoyed by all those Ihal came along. we had approximal6ly 1QO exhibits by local arbsls and mad8 over £1,000. In October we h8ld our annual qu5z whlch w88 allended by 60 people. Th8 fo¢)d off8r was a delioious Graang Platter which peoplg enjoyed whilst Karen Feeney, Cenlre Manager, was once again our quiz master. The Christmas Fair In earty Drnber was well attended wth Liss Band playing carols for us with a host of stalls Indoors and we served Hot Chocolate (with Baileys). mulled wtne, local Christmas outside wlh a hog roast van providing the food. 4. Performance Our contribution tr) the quality of Ie within our corp.munlty remains our highest priori¥. Th8 walklng group still meets twice weekly and the many people who join the walk gp.joy not only the exercise but also the Social element when they enjoy Goffee together on their relum to the Triangle. We have continued lo host activities thal are appreated k)cally on Ihe aslIC, swal and educational fronts including weekly art class8s, monthly art workshops, and social wporiunit168 Ihroiigh our dNerse regular events from th& beer fesliv?I, art exhibition to the F)opular open gardens event. We also continue to host classes in second languages, the after-school club, nursery and exercls& groups. 5. Sustalnabillt The Triangle continues lo stand in the centr6 of Liss as a valued community resourGp, and wg believa il will do so for years lo come. Covèring our running costs remains the challenge - our letbngs and events income does not cover all our staff and other costs so we will always need to scurce additsonal income such as grants lo support Ih8se and keep tho building open. Whilst financially secure at the moment. the trustees continue lo review financ8s regularly lo @nsure we can continue lo pay our staff, our biggest cost, and keep the building open day to day whilst utility costs rise. balancAn9 the need to covar running costs against th8 n86d lo inv8sI in the facilities and fabric of tha building. 6. Financ alRe ort Our accounts paint a rdlher drfferent picture than in the past certainly compared to the pre-Covld-19 years. We have made a subslanlial deficit for the year of £66,896 compared to the defiul of £32.517 In 2022-23. This is princlpally down lo things.. the repalr costs for the front gable end of the classrcoms and the dosura Costs of the After School Club I'ASC")- This has madg a big dent in our reserves. Our total income for the year wa8 £95,1551£106.834 2022-23}. We have rotumed to our usual sources of fvnd1ng'. lottings, events and grantsldonalions. Whilst we r1Ved more in the way of granlsldonatSons, proceeds from the ASC worè down and so were those from events.
2023-24 is no( w& hope. a typlcal year. Stripping out .e ASC. and the one-off repairs, the undedwng wnning costs are around £1 Ook, This means11 Gosls around £275 per d8y to run the Triangle Centre. Lettings Contribute around one-lhlrd of th2¢ and nel frJnd-raising under one fifth, so we need lo find rnore extemal fundlng to keep this building open. Our reserves won't last long. We are acllvely r8viewing our room hire rates and intend to Intr(Ktuce price rises, bul this income will never cover all our costs. We need more donations. Olle-way residents can help is to start, or increase. regular gift aid donations. We would like lo recruit mor8 r&sld6nls lo this and the feedback from our rent user fowm has encoLtraged us to approach axlstlng donors and ffnd beller ways of generaling pUblity around this sGheme. We musl also kogp our costs under control and Mlh staffing beÈng the bulk of those we need lo make sur8 we work efficienlty. We have Ghanged Working procedures for our caretaker and 5ubslantially reduc6d thg weewy hour5 for tris role as a result. £22,799 of the total Income was from donati5 and grants (£12,069 2022-231. These came from a mixture of sources. The coffee bar group provided donatons of £7,779. EHDC counclllors lan James and Roger Mullenger made councillor grants of £822 an.d £513 rèspectivèly. We also rec8ivod £11,439 from the South Downs Nation81 Park from the levies they raise on building dev8lop8rs in our araa. This was pul towards the work on the gabla end of the front classroom. Tb.e Freemasons IcKally kindty gave us E500 1(Iwards our running costs. W& returned £SQO lo Sl Mary's Parochial Church Counril as there was a surplus left over from tha Warm Hub donation they gavg us for the vrinler of 22-23. The Irusl888 would like lo record their thanks for 811 this continued supp)rt and to Karen Feeney, our centre manager, for maklng the applic81ions for funds. We are repaying the Bounceback Lo8fj from Santsnde.. p!G and £14.000 was otilstsnding al 31 March. The int8r&sl rale Ss 2.5D/o and repayments Gonlinue until the summer of 2Q26 unless w& dea.de lo repay early. Lellings income hidgs an improvement at £37,9471£38,839 2022-231- The 2022-23 figures included £6,000 income as a notional charge lo the After School Club whith was induded in ASC direct costs. This allows for the fact that the Hall and Annexe could not be let lo any other users during ASC sessions. As the ASC was only open for one term in 2023- 24 thè notional charge has bean reducèd to £2,200, so Ihe up.derfying corrparison is £35,747 in 2023-2410 £32,239: an 11V/o irnprovement whiGh Is very welcome. Events inoomo Igrossl dropped lo £16.981 from £18,858, exduding the Friends of the Triangle scheme. The bullding work early spllng in the front gablg end compromised our events planning and w8 had fewer @vents than in th precedlng year. The Friends of the Triangl8 donated £7,119. Klosl of this comes to us under the gift aid schème which is a vèry efflc1&nt way lo donate funds, as wa receiv& 2Dp from the Government for every 80p donated lo us by tsx payers. Thosg who don't p2y tsx can stlll donate regularty under our Friends stheme bul we will not receive any extra from the Government. The After SGhool Club did not retum to the levels of income and attendance we saw pwandemic. In 2018.19 our Income was £38.524 which more than covered dir1 costs induding the nots.onal room rent. In 2022-23 gross income was onty £26,073, only slightly more than the direct staff cost and not covering indirect staff and space costs. Gènewlly most childr8n were att8nding only 2-3 days per week and not for a full 3 hour session even then. The Iruslees kept the situation under r8vl8w but our preferred sdution of transfer to another provider proved not to be possiblo. The lirement of the ASC manager and tha rèsponsibility and restructuring needgd to continue in a heavily reglslaled sector meant that the Iru818es decided lo close the ASC from late July 2023. Thus in 202>24 we had just one lemi's income of £8,558. Our Gosls were sbstantIallY more than thls as regular salary was augm8nted by redundancy and pay in lieu of notice.
rhe Irust8es are Inordifflalely grateful for the years of dedication and hard work from all the ASC staff over ils 25 year life, wllh sp8c'.al than.<5 to Sandy Tumer, Jill Arend and Karen GIlbertS who sleerth us through the oifficull Covid-19 years. We wish I,lem all the be51 lor lulur- The slandoul cost in the year was the work Carried out lo repair the cracks in the front gable 8nd of the classrooms, The entire lop of the gabl& wall was removed and steel lii.els ,I58rted lo support the wall. One of theso was a bespok8 curved structure facee witn decorative bric&s lo Ma Lle exist ng exteTal appearancg. The scaffolding was up much longer than we expected while we wailed for th8 bespoke I rte,. but lo all oJr ."eiief Ip..e worit was comple>ed in the early part of 2024, The total invoicett cost came in al over £37k. rnuch m(Ke than estimated. bul part was covered by a grant from SoL51h Downs National ParK at £11k. Our gral8ful IharFks go lo LiL4nn AlkinsJn and A"'ex Boype for te1r eilhusias'ic sup?(xf. as b(x)k-k- -eoer. ooping with Invoicing, banking. cradil colllrol. pensiors and payrg11. LizAii1 ;8Lred from Lle Triangle C2nl..e coTpletèly during tho year and Alex Boyce h85 been her able replacement. We would also like lo pul on record our thanks to Sarah Redfern for her production of the yearend accoun15 and ertification process. The Assoclslion has a resetyes policy. Tre current postlion is 8s folhms.. Working capital r8serve'. £27.000 - this is normally run al the level of the months. worth ol expenditure Businoss Contingency reseNe'. £9,000- this is another one month's worth of expenditure R8p8irs and Rodecoralion.. £15,000 Capilsl Rep.'acemenl'. £5,000 - A ?mall reserve for &quiptTrenl and etnergency building repairs. Slnjcttjrai modifications.. £15,000-This reserve is lo cover costs not covered by grants. We conb'nue lo review our overall reserves policy lo ansura that il is still appropdale given our devdopmenl plans and the current financial climate. The attached fi.iancial stslement show5 Ine cen. sta&e of the fjiances of the Association. The Trustees beli&ve tha situation lo be salisfaclory bul we will continkne to monitor our fi-..a:-.cial si:uation on a Tr.onthly basis. 7. Fuluro Plans We see the kllctten and coffee bar as an underusgd cOm.0dlY and would like to m.akè more of this facility by increasing events that us8 this area. this includes some poo_up food evenir,gs or more cOmUnitY events in the afternoons. We recenuy undertook a sueY ir the coffee bar of the type of gV8r,Trs people would like to se8 within the Q8nlr8. Wè have slud.'ed the results and will be impier.enti¢Yg sorr.e of the ideas that wére pul forward includir,g more talks. quizzes, social aveni.Igs and musical events. Within the building, WO lo ba cornploled includes repair of the ceiling and rod8coration of the hall, annex8 and also th8 coffoe bar. We have upgraded our sofiwar819 enable a mor8 Modem way of communicating to Friends and supporters who wish lo know about our forthcoming events_ Our concèm about saving energy and 8nsuring wg are nJnr..ing effl.cienty and effectively are also nigh on tho agenda fo¥ us arTrd we are seeking a consullalion 1th an eneryrf exp@rt b nelp us :o tnake chaiiges wlhin the building lo help, not only with our er.ergy bills, bu+ also lo reduce our arbon footprynl. We are in tha process of adopting a policy lo help us meet our goals. As always, our future plans also include exjar.ding the dasses and opportunttses witr.in tha centra for our cornmunity and any suggestions on what people would liKe to see t8king ace here at The Triangle would be gratefully received.
LISS COMMUNITY ASSOCIATION CIO INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF LISS COMfvIUNITY ASSOCIATION CIO I report on the accounts of the Trust Icr the year ended 31 March 2024. wh.ich ara sel oul on pages g ID Fla-¢+1,1 ra89onal 4IliL,èi ol !W?iaai and e.iamin4r -s are rtssponiible lor the pr- The chariDI's truste- -pafalion of the a¢¢ounl>_ The charlls trustees coniider that an aJdil is nol reouirad for this yaar urrttsr section 144121 ol the Charities Act 2011 Ilhe 2011 AGI) and Ihal an independent examination is needed. 11 is my respon>ibllity to.. examine the accoullls under secti¢)n 14i of Ihe 2011 Act-. lo follow Ihg pr?c8Gurgs 131d down in the goneral Diractions givAo by th<4 Charity Comfflisiion nder seclion 145151lbl ol Le 201 l Act". and to >t21a whèther particular Fnatters h3¥e corne lo rny attenlioii. Mi/ examination wai Garried out in 3ccordance with the gene•1 Directions yivtsn by the Charitr/ Comfflis)ion. An exarr.inabon includes a iewew ol tha %c¢ounting re-¢rd- kèpl by Iyi e Gharity and a comparison of the ac¢ounls presented with those records. 11 includes consideration ol any unusual 112ms or disclosuras in the abcoJnls 2nd seeking expbanalioys from you as trustees concerning any such mattgr> ThF) procdsJr8s undert3Agxn do iol provicp all the evidence Ih?t wguld be rèquirpd in an audit and cDns2qiJarlli/ no opiniofj is givon a) lo wtyelher (hè accounts prasenl a 'lrue and lair view and the report is limited to ihosè mall?r5 set out in Ihe slateffleni bdow. In connection with my examinaThofi. no matter has come to my attention". 1 I I which giv&> me rcxasonable cause lo belieiia that In any material r6spe¢t the requirefnents.. lo k9ép accounting rYord3 in accordance with section 130 of Ihe 2011 Act.. and lo pre92re accouiils which accord with the accounting records and comply with the accounts.ng requirements of phe 2011 Act h(Ive not been mel.. or 121 lo which, in my opinion. altents'on should be dra'Nn in order to enable a proper understanding ol Ihe accounts lo be reached Name.. Saral Redfe.-rT ACfvIA. ATT Address.. S Lofigacre Closo. Liss. Hampshire. GU33 7UZ Oale. 17171aty 10
LISS COMMUNITY ASSOCIATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Note Unrestricled Restricted Funds Funds Total 2023 Incoming Resources: Group registrations Donations and grants Lettings After School Club Office servi$ to users (copier etc) Miscellaneous income Fundraising Deposit interest (gross) 167 12,069 38,839 25,907 267 120 29,133 332 11,360 37,947 8,558 11.439 22,799 37,947 8,558 246 141 24,088 1,376 141 24,088 1.376 Total income.. 11.439 106834 Costs of Generating Funds Costs of fundraising Resources Expended Direct Charitsble Expenditure Staff costs (After Schod Club) Afler School Club direct costs 16,882 4.165 16,882 4,165 24,050 6,710 Indirect Charitable Expenditure Propety and ground maintenan Water rates and wast8 colleCtn Insurance Light and heat Cleaning materials staff costs (all less After School Club) Depreciation 31,376 3,033 1,555 7,585 1.830 8 54,385 11,439 42,815 3,033 1,555 7,585 1,830 54,385 7,676 3,679 1,560 8,610 1,849 54,871 11,830 123 033
LISS COMMUNiff ASSOCIATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 (Continued) Note Unrestricted R8stricted Funds Funds 2023 Support Costs.. Telephone, computerand fax Postage, stationery and photocopying Subscriptions Training Costs Accountancy fees Legal, professional & bank fees Sundry equipment and repairs Performance Licences Miscellaneous expenses and staff welfare Bad debts 792 595 445 53 170 7.786 141 602 328 14 10.926 792 595 445 53 170 7,786 141 602 328 789 1,507 182 490 160 4,702 48g 1,803 254 725 Total resources expended Net movement in funds Fund balances brought forward at 1 April 2023 Transfer of reslri¢ted funds balance Fund balanS carri8d forward at 31 March 2024 162051 139 351 {55,066) {11,8301 166,8961 (32,5171 35.603 184.995 100,625 (100,625) 220,599 253,116 The notes on pages 13 to 17 fomi part of these accounts 12
LISS COMMUNITY ASSOCIATION BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Notes Flxed Assets Property improvements Furniture & equipment 66,493 6,046 76,811 7,558 72,539 84,389 Current Assets Debtors Stock Cash and bank Deposit acUnt 1 Deposit account 2 Deposit ac£ount 3 Curr8nt account Cash 5,935 374 4,2 334 125,280 203 4,563 243 153,904 1,968 327 136 599 160740 Currenl Llabllities Creditors.. amounts falling due wtthin one year 155.435) {24,510) Net Current Assets 81,164 136,230 Net Assets 153.703 220 599 Represented by.. Income Funds Unrestricted funds Designated funds General Purpose R8Stricted income funds 35,000 46,162 72,540 90,000 46,22g 84,370 Appro byt Board of rustees on David Thacker, Chair of Trusteas Carolina SedgwicK Trea The notes on pages 13 to 17 fonn part of these accounts 13
LISS COMMUNITY ASSOCIATION CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1 Accounting Policies General These accounts have been prepared under the historic cost rA)nvention in accordance with applicable accounting standards and Ihe Statement of Recommended Practice on A¢counling by Chartties. Depre¢latlon Depreciation is provided on the property improvements to the Community Centre building and furniture and equipment at the following rates based on the estimated useful life of these fixed assels and their antiapated value: Propety improvements Furniture and equipment (straight line basis) (reducing balance basis) The Association acquired the freehold of the building in March 2020 for £1 and the prior lease from HCC ended on 31" December 2021. 20% pa Fixed assèts Furniture and Total rovements Cost at 1 April 2023 257,942 102,317 360,259 Additions in curront year Cost at 31 March 2024 102317 360 259 Depreciation at 1 April 2023 Charge for cuent year 181,130 10,318 94.759 1,512 275,890 11,829 Depreciation charge at 31 March 2024 Net book value at 31 March 2024 Net book value at 31 March 2023 287719 14
LISS COMMUNITY ASSOCIATION CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (Continued) Summary of Net Assets by Funds Unrestricted Funds Restricted Funds Total Generdl Designated Purpose Fixed Assets Working capital reserve Business contingency Repairs and redecoration Capital replacement Structural tnodificalions Other 72.540 72,540 27,000 9,000 15,000 5,000 15.000 27,000 g.ooo 15,000 5.000 15.000 10.162 Fundraising aniserfs Costs Proceeds Net 2024 2023 Friends of the Triangle Christmas Activities Quiz Night Film Festival Art Exhibition Cinema Beer Festival Open Gardens Elsa McTaggart Other Totals 7.119 1.641 7,119 1.336 10,275 934 1,302 305 162 1,183 1,930 2,228 4,284 1,045 2,354 4,608 1,330 3,990 4.593 290 -639 625 720 95 043. 24 15
LISS COMMUNITY ASSOCIATION CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (Continued) Donations and Grants 2024 2023 Restricted Funds Unrestricted Funds Restricted Funds Unrestricted Funds Local Authortiy Grants General Costs lan James EHDC (Painting) Roger Mullenger EHDC (Fridge) SDNP Gable End 11.439 EHDC Councillor Grants Coffee Bar Contribution Memberslsupporters Woolmer Forest Lodge Masons donation Sl Mary's Church (Wami Hub donation) Retum of donated funds to St Mary s PCC 822 513 772 6.963 3,023 7.779 2,246 1,311 -500 Management and Admlnlstratlon of the Chartty 2024 2023 General committee members. exFenses Accountancy fees 170 160 170 160 16
LISS COMMUNITY ASSOCIATION CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (Continued} Employee Costs 2024 2023 Unrestricted Restricted Unrestricted Restricted Funds Funds Funds Funds maintenan & security Management After Sohool Club Superwsion Administration Pgnsion costs 16.170 22,162 16,882 15,585 468 19,936 21,048 24,050 13.450 437 17