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2024-03-31-accounts

31/03/2023 – 31/03/24

Annual Trustee report 2023/2024

Westbury Community Project (WCP) is Based in Eden Vale Road Westbury Wiltshire

1. Introduction

The charity has continued to increase its offering to local charities and other organisations.

In undertaking our work throughout the year, we have had regard to the Charities Commission Guidance on Public benefit. This report has been prepared in accordance with the Charities Commission Statement of Recommended Practice. (SORP.)

2. Aim

To continue to support and encourage the local community of Oldfield and Penleigh Park (LSOA code: E01032118) in Westbury and surrounding areas to make use of the WCP and the opportunities it offers.

3. Objectives

4. Creating Local Engagement

5. Partnership working

Westbury Community Project Charity Number 1176867 November 2024

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6. Review of 31/03/23– 31/03/24

Westbury Community Project Charity Number 1176867 November 2024

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7. Statement of Intent

8. Current structure and Governance

The trustees that are on the board currently (January 2024) are:

----- Start of picture text -----
Name Representing Role
Ian Cunningham Resident Chair
Martin McGiff Westbury Youth FC Treasurer
Michael Sutton Resident
Kat Knight Resident
Fred Beckett Westbury Shed
Deborah Urch Clerk Westbury Town
Council
Matt Dean Area Board
----- End of picture text -----

Westbury Community Project Charity Number 1176867 November 2024 4

9. Financial Summary

a. Profit and Loss

Westbury Community Project Charity Number 1176867 November 2024 5

b. Balance Sheet

Westbury Community Project Charity Number 1176867 November 2024 6

Report to the members of: Westbury (Wilts) Community Project

On accounts for the year ended: 31 March 2024 Respective responsibilities of The Treasurer as appointed by Westbury (Wilts) trustees and examiner Community Project is responsible for the preparation of the accounts. The Committee consider that full in depth audit is not required for this year and that a thorough independent examination is needed. It is my responsibility to:  examine the accounts.  confirm that the figures present a true and fair view of the position.  to state whether particular matters have come to my attention.

Basis of independent examiner’s My examination was carried out in accordance with general statement Directions given by the Westbury (Wilts) Community Project and Accountancy bodies. 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 the 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.

Partners: Sam Gooding FMAAT FMATT FIAB Katy Gooding BSc FCA Company No: 09087439 Registered in England and Wales as ; Gooding Accounts Ltd Registered Office : 24 Warminster Road, Westbury, Wiltshire, BA13 3PE

Independent examiner's In connection with my examination, no matter has come to my statement attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with regular Accounting procedures.

  3. to prepare accounts which accord with the accounting records and comply with the necessary accounting requirements of the Westbury (Wilts) Community Project.

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

  2. which would give rise to any concern in relation the full disclosure of all financial matters in relation to the Westbury (Wilts) Community Project.

Signed:
Name:
Relevant professional
qualification(s) or body:
Address:
Date:
22/01/2025
Katy Gooding
ICAEW
Gooding Accounts Ltd
24 Warminster Road, Westbury
Wiltshire BA13 3PE

Westbury (Wilts) Community Project

Balance Sheet

As of March 31, 2024

TOTAL
AS OF MAR 31, 2024 AS OF MAR 31, 2023 (PP)
Fixed Asset
Total Fixed Asset
Cash at bank and in hand
Current 2068 13,565.60
Savings 10,000.00
Triodos Account 0.00 19,399.50
Total Cash at bank and in hand £23,565.60 £19,399.50
NET CURRENT ASSETS £23,565.60 £19,399.50
Creditors: amounts falling due within one year
Current Liabilities
Payroll Clearing 0.00 -14,045.13
Tax & NI 332.40
Total Current Liabilities £332.40 £ -14,045.13
Total Creditors: amounts falling due within one year £332.40 £ -14,045.13
NET CURRENT ASSETS (LIABILITIES) £23,233.20 £33,444.63
TOTAL ASSETS LESS CURRENT LIABILITIES £23,233.20 £33,444.63
TOTAL NET ASSETS (LIABILITIES) £23,233.20 £33,444.63
Capital and Reserves
Retained Earnings 33,444.63 31,541.74
Profit for the year -10,211.43 1,902.89
Total Capital and Reserves £23,233.20 £33,444.63

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Accrual Basis Wednesday 8 January 2025 05:40 pm GMT+00:00

Westbury (Wilts) Community Project

Profit and Loss

April 2023 - March 2024

TOTAL
APR 2023 - MAR 2024 APR 2022 - MAR 2023 (PP)
Income
Donation 2,000.00
Rent a room 31,860.39 3,322.50
Sales 15,838.85 31,142.81
Total Income £49,699.24 £34,465.31
Cost of Sales
Cost of Sales 3.54 16.53
Cost of Sales Food 4,980.19 3,978.01
Total Cost of Sales £4,983.73 £3,994.54
GROSS PROFIT £44,715.51 £30,470.77
Expenses
Accountancy 1,836.00 516.00
Bank charges 16.80 63.50
Cleaning 335.86 319.38
Computer Running Cost 1,388.88
Dues and Subscriptions 682.99
Employer NI 0.00
Insurance 928.14 798.67
Legal and professional fees 58.00 1,663.20
Light and Heat 8,738.38 6,509.04
Printing, Postage, Stationery 134.91 27.69
Rates 894.46
Rent or Lease of Buildings 2,623.87
Repair and maintenance 817.34 3,952.64
Staff wages 24,996.44 10,605.45
Staff wages adjustment 14,045.13
Waste 977.34 259.17
Water 381.30
Total Expenses £54,956.21 £28,614.37
NET OPERATING INCOME £ -10,240.70 £1,856.40
Other Income
Interest earned 29.27 46.49
Total Other Income £29.27 £46.49
NET OTHER INCOME £29.27 £46.49
NET INCOME £ -10,211.43 £1,902.89

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Accrual Basis Wednesday 8 January 2025 05:37 pm GMT+00:00