## Whitleigh Community Trust
Unaudited Financial Statements For The Year Ended
## 31 March 2024
Charitable Incorporated Organisation
Registered Charity Number: 1177144 CIO Number: CE013244
## **Whitleigh Community Trust Report and accounts Contents**
||**Page**|
|---|---|
|Charity and Company information|**1**|
|Trustees' Report|**2**|
|Statement of Trustees' Responsibilities|**7**|
|Independent Examiner's report|**8**|
|Statement of Financial Activities|**9**|
|Statement of total recognised gains and losses|**10**|
|Balance sheet|**11**|
|Notes to the accounts|**12**|
|Detailed Statement of Financial Activities|**16**|
## **Whitleigh Community Trust Charitable Incorporated Organisation Information**
## **Charity number**
1177144
## **Company registration number**
CE013244
## **Trustee**
B J T Meek - Chair I E Ford K Redgrave D Finan E Dunster - Appointed 17 June 2024 G Smith - Appointed 21 September 2024
## **Chair Person**
Barry John Treloar Meek
## **Principal Office**
Four Greens Wellbeing Hub 15 Whitleigh Green Plymouth PL5 4DD
## **Independent Examiners**
Wills Accountants Ltd 2 Endeavour House Parkway Court Longbridge Road Plymouth PL6 8LR
## **Bankers**
Barclays Bank PLC 140-146 Armada Way Plymouth Devon PL1 1LA
1
## **Whitleigh Community Trust**
## **The Report of the Trustees for the Year Ended 31 March 2024**
The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
## **Structure, Governance And Management**
## **Governing document**
The charity is governed by its constitution dated 15 January 2018.
## **Organisational structure**
The charity is a Charitable Incorporated Organisation. Overall responsibility for the management of the charity is vested in the Trustees. The charity is managed on a day-to-day basis by Barry Meek, a trustee of the charity, who is the main contact. The charity holds trustee meetings throughout the year; these meetings are organised by the Trustees to continue with the work necessary to maintain the objects of the charity. All trustees volunteer their time freely and no trustee remuneration was paid in the year.
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **Public benefit**
In planning our activities for the year, we have given careful consideration to the Charities Commissioner's general guidance on public benefit under section 17(5) of the 2011 Charities Act. In particular we worked with the local community to ensure the charity continues to support the requirements and needs of the various community groups who use its services.
## **Recruitment and appointment of new trustees**
New trustees can be appointed by a resolution passed at a meeting of charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
New trustees are inducted into the workings of the charity during meetings held on a regular basis.
## **Trustee Developments**
The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. New trustees can be appointed by a resolution passed at a meeting of charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The current Trustees have worked hard over the year to recruit more Trustees with specific skills to the board to ensure that the Trust is resilient and sustainable for future years. During 2023-2024 we appointed 3 new Trustees. The trust recognises the need to have more trustees with specific skills and interests to enable a clearer segregation of duties.
2
## **Whitleigh Community Trust**
## **The Report of the Trustees for the Year Ended 31 March 2024**
Other developments include further trustee training which will help develop plans to ensure the success of the Trust. This includes fundraising for core running costs as well as specific projects. The trust will continue to take the lead on Lancaster Gardens Social Housing project as well as the Green Connector project. We also continue to develop relationships with other organisations in the area where the trustees see a future benefit for residents. This year has meant a closer working relationship with Four Greens Wellbeing hub where we have worked in partnership on several projects but also strategically, we are working together to fundraise for future projects that support local volunteering and skills opportunities. The trustees do not envisage the current energy and cost of living crisis having a significant impact on the charity's ability to continue as a going concern.
## **Objectives and activities**
To further benefit the residents of Whitleigh, Plymouth, and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said and the local authorities, voluntary and other organisations 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 objective of improving the conditions of life for the residents.
In furtherance of these objects but not otherwise, the trustees shall have power:
- To benefit all residents of Whitleigh by providing opportunities for learning, for leisure, and for wellbeing to improve the lives of residents.
- To develop the capacity and skills of the community of Whitleigh, Plymouth, so residents can identify, and help meet, their own needs.
- Prevention or relief of poverty in Whitleigh, by providing grants, items, and services to individuals and/or charities, or other organisations working to prevent or relieve poverty.
- To provide community transport support for residents in Whitleigh.
- Promote social inclusion and prevent isolation. For the purpose of this clause "socially excluded" means being excluded from society, or parts of society, as a result of one or more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender reassignment; poor education or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards; crime (either as a victim of crime or as an offender rehabilitating into society).
- Promote and support the health and wellbeing of residents in Whitleigh.
- Promote the social and economic regeneration of Whitleigh through, training and employment opportunities including social enterprise support and business support.
- Through the provision of housing for those in need as long as it does not overlap local authority duty.
- Maintain and improve public spaces for the benefit of residents.
- Provision of recreational facilities.
- The protection or conservation of the environment.
- To establish or secure the establishment of a community center in order to support and meet the aims of the Trust.
3
## **Whitleigh Community Trust**
## **The Report of the Trustees for the Year Ended 31 March 2024**
## **Achievements and performance**
## Significant Activities
## **The Tudor Trust Green Connector Project:**
The final instalment of £40,000 was received in August 2023, which enabled us to continue the employment of the Green Connector co-ordinator at 30hrs plus an additional 12-hour post to help manage the community allotment project. The project has grown substantially, both locally but also recognised as good practice across the city. For Whitleigh Community Trust this has meant we are now on the 'Plymouth map' and our links to other organisations, and networks has developed considerably. We have been working with Plymouth and Reading Universities with the Foods Equal project which has been recognised nationally https://ukfoodsystems.ukri.org/research-projects-training-reports/food-systems-equality/. We are also supporting students from Plymouth University to undertake placements with us. Other key partners include Plymouth Food Network, Growing Community Abundance, Growing with Nature, The Outdoors Partnership and Plymouth Octopus Project. The project has enabled the Community Trust to showcase its work both locally and across the city and as a result it is now a key part of our programme. Over the last three years, we have worked with 116 individual adults, 84 young people (secondary school aged children), and over 35 children under the age of 11. We have worked with the 3 primary schools in Whitleigh helping them set up gardening clubs, and nature groups. We have delivered 3 community lantern projects over the three years with a total of 370 local resident makers and over 400 participants at each event. We have delivered 3 big play-in-the park events with over 300 participants at each event. We have delivered weekly nature walks, nature clubs in the school holidays, an outdoor choir, community picnics, and seasonal cooking clubs.
## **The Community Allotment:**
In November 2023 the trust received £2,805 from Co-op Community fund to support the allotment project for the year. The project currently has 6 active volunteers who attend more than twice a week, we have also created an 'adopt a veg bed' to support people who might want a small space before going onto having an allotment or who don't have a growing space for themselves, currently this supports 3 families and two organisations.
## **Lancaster Garden Housing Project** :
Full planning permission for the housing project was finally granted in early 2023. Early in the year we were awarded some funding through Stir to Action who paid Wessex Community Assets and Ecomotive to work with us to develop the Housing Project. This has resulted in us securing a Reach grant of £13,920, to update the finance plan alongside developing the management model and business plan. The Trust has also been working with Open System Lab and Plymouth University to investigate the options for using Wikki house as a building method for the housing project.
4
## **Whitleigh Community Trust**
## **The Report of the Trustees for the Year Ended 31 March 2024**
## **Community Events and Activities:**
As well as the Green Connector events we also delivered a local celebration for the King's Coronation in May 2023 supported by a grant of £300 from Plymouth City Council which attracted over 300 participants and the Big lunch in June again with over 200 residents joining in. We also facilitated the Community Lantern Parade and Christmas Fair in December 2023 which was a great success with over 500 residents attending. This year the Lantern champion volunteers worked with all the schools in the community as well as disability groups and other community organisations.
## **Wellbeing in the Community:**
In July 2023 we were successful in applying for two years of funding from The People's Health Trust to develop the Whitleigh wellbeing arts and music project (WAM). The project delivers two sessions a week with the specific aim of combating social isolation, increasing social connections and improving wellbeing, with 32 residents attending each week. The supportive networks that have been created through the project result in residents naturally finding ways to support one another outside of the group.
Participants share with each other local knowledge and information on how to get support, and signpost to other services in the community such as the food larder, support from the wellbeing hub, friendship café and more specific services including addiction support and mental health services.
Alongside this we continue to work with individuals and families in need, supporting them to access benefit support, debt advice, support with form filling and volunteering opportunities.
## **Financial Review**
## **Reserves policy**
In general, it is considered prudent to maintain a level of useable reserves sufficient to cover unexpected and unplanned events, so that the charity's primary objective is preserved. At the same time the Trustees wish to ensure that it uses its funding to benefit the residents of Whitleigh, Plymouth, which implies an imperative to consider actively the use of reserves. The trustees aim to hold free reserves that represent 3 months of the charity's core costs to ensure that the charity can continue paying its employees. Further funding for these employees is held by the Locally Trusted Organisation (LTO) of Whitleigh Big Local and this can be drawn down at short notice.
5
## **Whitleigh Community Trust**
## **The Report of the Trustees for the Year Ended 31 March 2024**
At the year end the level of reserves was £55,312 - £14,067 restricted funds for Community Development Projects, £- for Social Housing Fund Programme, £28,134 for Green Connectors Support and £13,111 of free reserves as shown on page 14 of the accounts.
## **Restricted Funds**
Any surplus income not utilised during the year is carried forward to utilise against these projects in the following year.
## **Unrestricted Funds**
Surplus income not distributed during the year is added to the unrestricted fund and is available for the ongoing projects of the charity.
## **Investment policy and objectives**
Aside from retaining a prudent amount in reserves each year, most of the Charity's funds are spent in the short-term, so there are few funds available for long-term investment. Investment may be an option in future years, but at present, the trustees believe the Charity's money needs to remain available and be easily accessible should unforeseen expenses arise.
## **Future Development**
The current Trustees have worked hard over the year to recruit more Trustees with specific skills to the board to ensure that the Trust is resilient and sustainable for future years, Liz Dunster joins us as our community led housing expert and Gemma Smith as the community development lead.
Other developments include further trustee training which will help develop plans to ensure the success of the Trust. This includes fundraising for core running costs as well as specific projects. The trust will continue to take the lead on Lancaster Gardens Social Housing project as well as the Green Connector project. This year has meant closer working relationship with Four Greens Wellbeing hub where we have worked in partnership on several projects, and together we are working to fundraise for future projects that support local volunteering and skills opportunities.
6
## **Whitleigh Community Trust**
## **The Report of the Trustees for the Year Ended 31 March 2024**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS102);
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
- state whether applicable accounting standards and statements of recommended practice have been followed.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **This report was approved by the board of trustees on 13 January 2025**
………………………………………………..
**K Redgrave Trustee**
7
## **Whitleigh Community Trust Independent Examiner's Report to the trustees of Whitleigh Community Trust**
## **Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 March 2024**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages 9 to 21
## **Respective responsibilities of trustees and examiner**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Mr Leigh Rowsell**
for and on behalf of
## **Wills Accountants Ltd**
Chartered Certified Accountants 2 Endeavour House Parkway Court Longbridge Road Plymouth PL6 8LR
The date upon which my opinion is expressed is :- 13 January 2025
8
## **Whitleigh Community Trust Statement of Financial Activities for the year ended 31 March 2024**
|**Notes**
**Income and endowments from:**
**_Incoming resources from generated funds_**
Donations and legacies
Other trading activities
Investment Income
Charitable activities
**_Other Incoming Resources_**
**Total income and endowments**
**Expenditure on**
Costs of charitable activities
Other costs
**Total expenditure**
**Net income / (expenditure)**
**before transfers between funds**
**Gross transfers between funds**
**Other recognised gains and losses**
**Other recognised gains and losses**
**Net movement in funds**
**Reconciliation of funds**
**_Total funds brought forward_**
**7**
**Total Funds carried forward**
**7**|**Unrestricted**
**Restricted**
**Total**
**Last Year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**Restated**
**2024**
**2024**
**2024**
**2023**
**£**
**£**
**£**
**£**
53,447
63,132
116,579
140,477
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|---|---|
||**53,447**
**63,132**
**116,579**
**140,477**|
||55,590
62,762
118,352
109,411
1,456
287
1,743
4,250|
||**57,046**
**63,049**
**120,095**
**113,661**|
|||
||(3,599)
83
(3,516)
26,816
(1,867)
1,867
-
-|
||(5,466)
1,950
(3,516)
26,816|
||-
-
-
-|
||(5,466)
1,950
(3,516)
26,816
18,577
40,251
58,828
32,012|
||**13,111**
**42,201**
**55,312**
**58,828**|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice (The SORP) and is reconciled to the total funds as shown in the Balance Sheet on page 11 as required by the SORP.
**All activities derive from continuing operations**
**The notes on pages 12 to 15 form an integral part of these accounts.**
9
## **Whitleigh Community Trust Statement of Financial Activities**
## **for the year ended 31 March 2024 Statement of Total Recognised Gains and Losses for the year ended 31 March 2024**
|**Whitleigh Community Trust**
**Statement of Financial Activities**
**for the year ended 31 March 2024**
**Statement of Total Recognised Gains and**
**for the year ended 31 March 2024**|**Losses**|||||
|---|---|---|---|---|---|
||||**2024**|**2023**||
|Excess of Expenditure over income before realisation of assets|||(3,516)|26,816||
|Profit per Profit and Loss account|||(3,516)|26,816||
|Grants for the acquisition of fixed assets|||-|-||
|**Net Movement in funds before taxation**|||(3,516)|26,816||
|**Movements in revenue and capital funds**||||||
|**for the year ended 31 March 2024**||||||
|**Revenue accumulated funds**|**Designated **|**Unrestricted**|**Restricted**|**Total**|**Last year**|
||**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2024**|**2024**|**2024**|**2024**|**2023**|
|||**£**|**£**|**£**|**£**|
|Accumulated funds brought forward|-|18,577|40,251|58,828|32,012|
|Recognised gains and losses before transfers|-|(3,599)|83|(3,516)|26,816|
||-|14,978|40,334|55,312|58,828|
|Transfers (to)/from unrestricted funds|-|(1,867.00)|1,867.00|-|-|
|Transfers (to)/from restricted funds|-|-|-|-|-|
|Transfers (to)/from designated funds|-|-|-|-|-|
|**Closing revenue accumulated funds**|-|13,111|42,201|55,312|58,828|
The purposes for which the designated funds have been established are described in the notes to the accounts
|**Summary of funds**
Revenue accumulated funds
Revenue designated funds
**Total funds**|**Designated Unrestricted**
**Restricted**
**Total**
**Last Year**
**Funds**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2024**
**2024**
**2024**
**2024**
**2023**
-
13,111
42,201
55,312
58,828
-
-
-
-
-|
|---|---|
||-
13,111
42,201
55,312
58,828|
**The notes on pages 12 to 15 form an integral part of these accounts.**
10
## **Whitleigh Community Trust Balance Sheet as at 31 March 2024**
|**Notes**
**Fixed assets**
Intangible assets
Tangible assets
**4**
Investments :-
**_Total fixed assets_**
**Current assets**
Debtors
**5**
Cash at bank and in hand
**_Total current assets_**
**Creditors:-**
amounts due within one year
**6**
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors:-**
amounts due after more than one year
**_Net assets excluding pension asset / liability_**
**Net assets including pension asset / liability**
**_The funds of the charity :_**
**Unrestricted income funds**
Unrestricted revenue accumulated funds
**7**
Designated revenue funds
**7**
**Total unrestricted funds**
**Restricted revenue funds**
Restricted revenue accumulated funds
**7**
**Restricted fixed asset funds**
**Total restricted funds**
**Total charity funds**|**2024**
**£**
407
57,435|**2024**
**£**
-
1,030|**2023**
**£**
4,919
59,259|**2023**
**£**
-
229|
|---|---|---|---|---|
||57,842||64,178||
||13,111
-||18,577
-||
|||55,312
-||58,828
-|
|||55,312.00||58,828.00|
|||55,312||58,828|
|||13,111
42,201||18,577
40,251|
||42,201||40,251||
||||||
|||55,312||58,828|
The directors are satisfied that for the year ended on 31 March 2024 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 8.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
**K Redgrave Trustee**
**The financial statements were approved and authorised for issue by the Board on 13 January 2025**
**The notes on pages 12 to 15 form an integral part of these accounts.**
11
**Whitleigh Community Trust Notes to the Accounts for the year ended 31 March 2024**
## **1 Accounting policies**
The principle accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## _**Basis of preparation of the accounts**_
Whitleigh Community Trust is a Charitable Incorporated Organisation registered in England / Wales . The address of the principle office is given in the charity information on page 1 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1 January 2019.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## _**Incoming Resources**_
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
For donations or grant income to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation or grant and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Incoming resources are accounted for on a receivable basis deferred as described below where appropriate.
Except as described under the 'Deferred Income' accounting policy all grants, including grants for the purchase of fixed assets , are recognised in full in the Statement of Financial Activities in the year in which they are receivable.
## _**Investment Income**_
Income from investments is included in the year in which it is receivable.
## _**Deferred income**_
In accordance with the SORP grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met, and which are outside the control of the charity or where it is uncertain whether the conditions can or will be met, are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are shown as creditors in the accounts.
## _**Resources Expended**_
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
## _**Fixed assets and depreciation**_
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Computer Equipment – 3 years straight line
## _**Recognition of liabilities**_
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the SORP.
12
**Whitleigh Community Trust Notes to the Accounts for the year ended 31 March 2024**
## _**Taxation**_
As a registered charity, the organisation is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.
## _**Going Concern**_
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **Pension cost and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contribution payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## _**Funds structure policy**_
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above.
Any other proposed transfer between funds would be considered on the particular circumstances.
## **2 Trustees' Remuneration and Benefits**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **3 Staff Costs and Emoluments**
|||||
|---|---|---|---|
|**3**|**Staff Costs and Emoluments**|**2024**|**2023**|
|||**£**|**£**|
||Gross Salaries|95,095|86,496|
||Pension Contributions|5,107|4,721|
|||**100,202**|**91,217**|
||The average number of staff in the year totaled 5 (2023 : 5)|||
|**4**|**Asset cost, valuation or revalued amount**|**Office Equipment**|**Total**|
||At 1 April 2023|438|438|
||Additions|1,224|1,224|
||Surplus on revaluation|-|-|
||At 31 March 2024|1,662|1,662|
||**Accumulated depreciation and impairment provisions**|||
||At 1 April 2023|209|209|
||Charge for the year|423|423|
||At 31 March 2024|632|632|
||**Net book value**|||
||At 31 March 2024|**1,030**|**1,030**|
||At 31 March 2023|229|229|
13
## **Whitleigh Community Trust Notes to the Accounts for the year ended 31 March 2024**
|**5**
**6**
**7**|**Debtors**
Trade debtors
Other Debtors
Prepaid expenses
**Creditors: amounts falling due within one year**
Bank loans and overdrafts
Trade creditors
|**2024**
**£**
-
-
407
**407**
**2024**
**£**
539
1,275
|**2023**
**£**
-
4,472
447
**4,919**
**2023**
**£**
335
194
|
|---|---|---|---|
||Accrued expenses
1,320
PAYE and NI
-
Unpaid Pension Contributions
426
**3,560**
**Particulars of Individual Funds and analysis of assets and liabilities representing funds**
**At 31 March 2024**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**Funds**
**£**
**£**
**£**
Tangible Fixed Assets
68
962
1,030
Current Assets
16,177
41,665
57,842
Current Liabilities
(3,134)
(426)
(3,560)
13,111
42,201
55,312
**At 1 April 2023**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**Funds**
**£**
**£**
**£**
Tangible Fixed Assets
204
25
229
Current Assets
23,952
40,226
64,178
Current Liabilities
(5,579)
(5,579)
18,577
40,251
58,828
**The individual funds included above are :**
**Funds at**
**Movements**
**Transfers**
**2023**
**in**
**Between**
**Funds**
**funds**
**as below**
**£**
**£**
**£**
**Unrestricted:**
General Fund
18,577
(3,599)
(1,867)
**Restricted funds**
Social Housing Fund Programme
(1,867)
-
1,867
Community Development Fund
4,773
9,294
-
Green Connectors Support
37,345
(9,211)
-
**58,828**
**(3,516)**
**-**
**Analysis of movements in funds as shown in the table above**
General Fund
53,447
(57,046)
-
**Restricted funds**
Social Housing Fund Programme
-
-
-
Community Development Fund
23,132
(13,838)
-
Green Connectors Support
40,000
(49,211)
-
116,579
(120,095)
-||1,212
3,838
-
**5,579**
**Funds at**
**2024**
**£**
13,111
-
14,067
28,134
**55,312**
(3,599)
-
9,294
(9,211)
(3,516)|
14
## **Whitleigh Community Trust Notes to the Accounts for the year ended 31 March 2024**
## **8 Independent examiners' remuneration**
Independent examiners' remuneration for the indepndent examination of the account was £1,320 (2023: £1,212).
## **9 Pupose of Restriced Fund**
- The social housing restriced fund relates to monies recevied from Home England for the prject off Lancaster Gardens.
The community development fund related to donations for community events, training and skills development and social enterprise support.
The Green Connector grant is for wgaes and other costs for Green Connectors employees to organise projects encouraging people to explore thire local, natural surroundings.
## **10 Related party Disclosures**
There were no related party transactions for the year ended 31 March 2024 nor in the year ended 31 March 2023.
15
## **Whitleigh Community Trust**
## **Appendices to the Statement of Financial Activities for the year ended 31 March 2024**
_The following appendices are attached to detail the activity analysis required by the 2019 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales._
**1. Analysis of Total Incoming & Outgoing Resources by Activity**
**2. Analysis of Total Support Costs by Activity**
**3. Analysis of charitable expenditure by activity**
16
Whitleigh Community Trust
## Appendix 1
Analysis of Total Incoming & Outgoing Resources by Activity for the year ended 31 March 2024
|for the year ended 31 March 2024|||||
|---|---|---|---|---|
|Income and endowments from:
Grants
Investment Income
Charitable activities
Other
Total Income
Expenditure on:
Costs of generating voluntary income
Raising funds
Investment management costs
Charitable activities
Other
Other resources expended
Total resources expended
Net Incoming Resources by activity||Unrestricted
Fund
£
53,447
**General Fund**||2024
2023
Total
Total
£
£
£
£
23,132
40,000
116,579
140,477
-
-
-
-
-
-
Restricted Funds
**Community**
**Development**
**fund**
**Green**
**Connectors**
**Support**|
||||£
-
**Social**
**Housing**
**Fund**
**Programme**||
|||53,447|-|23,132
40,000
116,579
140,477|
|||55,590
1,456|-|-
-
-
-
-
-
13,838
48,924
118,352
109,411
287
1,743
4,250
-
-|
|||57,046|-|13,838
49,211
120,095
113,661|
|||(3,599)
-||9,294
(9,211)
(3,516)
26,816|
17
Whitleigh Community Trust Appendix 2
Analysis of Total Support Costs by Activity for the year ended 31 March 2024
|Analysis of Total Support Costs by Activity
for the year ended 31 March 2024||||
|---|---|---|---|
|Nature of support costs
Salaries
Pensions
Training and welfare
Travel and subsistence
Motor expenses
Rent & Rates
Event Costs and Venue Hire
Green Connector
Telephone and Internet
Direct Expenses
Admin (Printing/Stationery/Postage)
Membership & Subscriptions
IT & Software Support
Charitable Donations
Bank charges
Consultancy & Associates fees
Professional fees
Bookkeeping fees
Independent Examiner's Fees
Depreciation of fixed assets
Total support costs analysed by activity||Unrestricted
Fund
£
47,819
3,535
-
134
230
-
2,602
-
-
97
228
438
310
115
82
-
-
-
1,320
136
General Fund||
|||57,046|-
13,838
49,211
120,095
113,661|
||2024||
|---|---|---|
||£||
|The above amounts are shown in the accounts as|||
|Support costs for charitable activities|118,352||
|Total Other costs||1,743|
||120,095||
The basis of allocation of costs and the methods used are described in note 1 to the accounts
18
## **Whitleigh Community Trust Schedule to the Statement of Financial Activities for the year ended 31 March 2024**
## **Status of this schedule to the Statement of Financial Activities**
This schedule is an intrinsic part of the accounts required to comply with the 2008 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, issued October 2019.
||**Unrestricted**|**Restricted**|**Total**|**Prior Period**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2024**|**2024**|**2024**|**2023**|
|||||**Restated**|
||**£**|**£**|**£**|**£**|
|**Incoming Resources**|||||
|**Income from Donations and Legacies**|||||
|**Non government and non public bodies**|||||
|**Incoming resources of a revenue nature - grants, donations and legacies**|||||
|Grants and Donations|53,447|63,132|**116,579**|140,477|
|**Total**|**53,447**|**63,132**|**116,579**|**140,477**|
||||||
|**Total Income**|**53,447**|**63,132**|**116,579**|**140,477**|
19
## **Whitleigh Community Trust Schedule to the Statement of Financial Activities for the year ended 31 March 2024**
## **Status of this schedule to the Statement of Financial Activities**
This schedule is an intrinsic part of the accounts required to comply with the 2008 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, issued October 2019.
|**Charitable expenditure**
**_Support costs of charitable activities_**
**_Staff costs in support of charitable activities_**
Salaries - Administrative staff
Pension Contributions - administrative staff
**_Indirect employee costs_**
Training and welfare
Travel and subsistence
Motor expenses
**_Premises Costs_**
Rent & Rates
Event Costs and Venue Hire
Green Connector
**_General administrative expenses:_**
Telephone and Internet
Direct Expenses
Admin (Printing/Stationery/Postage)
Membership & Subscriptions
IT & Software Support
Charitable Donations
Bank charges|**Unrestricted**
**Restricted**
**Total**
**Prior Period**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2024**
**2024**
**2024**
**2023**
**Restated**
**£**
**£**
**£**
**£**
47,819
47,276
95,095
86,496
3,535
1,572
5,107
4,721|
|---|---|
||**51,354**
**48,848**
**100,202**
**91,217**|
||-
1,979
1,979
1,593
134
312
446
480
230
-
230
186|
||**364**
**2,291**
**2,655**
**2,259**|
||-
-
-
890
2,602
6,088
8,690
4,845
-
2,932
2,932
4,208|
||**2,602**
**9,020**
**11,622**
**9,943**|
||-
-
-
124
96
61
157
288
229
32
261
320
438
402
840
754
310
96
406
138
115
50
165
169
82
51
133
98|
||**1,270**
**692**
**1,962**
**1,891**|
20
## **Whitleigh Community Trust Schedule to the Statement of Financial Activities for the year ended 31 March 2024**
## **Status of this schedule to the Statement of Financial Activities**
This schedule is an intrinsic part of the accounts required to comply with the 2008 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, issued October 2019.
|**_Professional fees in support of charitable activities_**
Professional fees
Bookkeeping fees
**Total Expended on Charitable Activities**
**_Other costs_**
Independent Examiner's Fees
Depreciation of fixed assets
**Total Other costs**|**Unrestricted**
**Restricted**
**Total**
**Prior Period**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2024**
**2024**
**2024**
**2023**
**Restated**
**£**
**£**
**£**
**£**
-
-
-
3,474
-
1,911
1,911
627|
|---|---|
||**-**
**1,911**
**1,911**
**4,101**|
|||
||**55,590**
**62,762**
**118,352**
**109,411**|
||1,320
-
1,320
4,109
136
287
423
141|
||**1,456**
**287**
**1,743**
**4,250**|
A detailed breakdown of the grants paid can be found in note 11 of these financial statements
|**_Analysis of transfers between funds_**|||||||
|---|---|---|---|---|---|---|
|Transfer to/(from) unrestricted||(1,867)|-|(1,867)||-|
|Transfer to/(from) restricted to be analysed further||-|1,867|1,867||-|
|Transfer to/(from) unr reval reserve to be analysed furthe||-|-|-||-|
|Transfer to/(from) res reval reserve to be analysed furthe||-|-|-||-|
|Transfer to/(from) des fix ass to be analysed further||-|-|-||-|
|Transfer to/(from) res fix ass to be analysed further||-|-|-||-|
|Transfer to/(from) designated||-|-|-||-|
||**-**|**1,867**
|**1,867**|**-**|**-**||
21