BEDFORD HOUSE
COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

BEDFORD HOUSE COMMUNITY ASSOCIATION
CONTENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Page
Legal and Administration Information
Trustees, Annual Report
Independent Examinerfs Report
statement of Financial Activities
Balance Sheet
Notes to the Accounts
10-14

BEDFORD HOUSE COMMUNITY ASSOCIATION
LEGAL AND ADMINISTRATION INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024
Registratlon Number:
1178692
Trustees
Sylvia Watson
Allan Mabert
David Jacob
Dr Bemard Mooney
William Flanagan (Appointed 3010412024)
Stephen William Hafflman (Appointed 3010112024}
Fiona Wheeler OBE
June Chapman
OINia Lowe
Sa￿an1 Singh (Resigned 3111212023)
Edward Lindenberg
Chair
Charity Offices:
Bedford House
4 Westbury Road
Buckhurst Hill
Essex
IG9 5NW
Bankers:
HSBC
193-195 High Road
Loughton
Essex, IG10 4LF
Independent Examlners:
Community360
Winsley's House
H￿h Street
Colchester
COI 1UG

BEDFORD HOUSE COMMUNITY ASSOCIATION
TRUSTEE ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Bedford House Community Association (the Association) aims to improve the conditions of life for the
residents of Buckhurst Hill and the neighbouring areas by advancing education, arts, ￿aftS and frtness
and providing facilities for recreation and leisure time occupation. It does so by associating wilh the
residents, the local authoribes. voluntary and other organisations and by maintaining a community centre.
In common with many charitses the Association is facing rapidly increasing costs. Due to the dedication of
the trustees, the commitment of its staff and volunteers. and the support ol its students tho are
enthusiastic for the chance to leam new skills and meet new people, the Association has overcome many
obstacles ove¥ the years. Wtth people forced to make dtfficult financial decisions, we are extremely
grateful to everyone who has continued to support us. That support has enabled us to continue to provide
the education81 and leisure-based courses that help our members wth their mental and physical health in
times of challenge.
The Association provi(Jes a valuable and high standard of educational service. It i8 the only one of its kind
in the area and draws sludenls from Buckhurst Hill and beyond. Buckhurst Hill is sf(uated close to the
boundary of Essex and London. Th8 majority of students Ir¥e y￿thin a s-mile radius of the Association.
Around 65 % of students live within the authority of Epping Forest District Council, and the remaining
students come from Essex and Greater London Boroughs.
Publ1¢ Beneflt
When reviewing the Association's Gu￿ent and proposed activibes the trustees have had regard to the
Charity Commission's guidance on public beneftt.
The Association is a charitable body committed to upholding the Objects of the Association. Fees for
Classes are kept as low as possible to remain within the reach of everyone in the neighbourhood and,
being independent. the Association has been ab￿ to continue with many popular leisure and educational
classes which have largely been phased oul by local authorf(ies. However, our fees do not cover our fvll
cosls which are offset by donation5. grants and income from Space Hire to enable the charity to be
financially viable.
The Association must utilise ils reserves for any defictl and for major items of repair to the Hall, and for
replacement of equipment used by the olasses. The landlord. Essex County Council, is responsible for
maintenance of Bedford House itself and the front part of the Hall. The Associalion is responsible, under
the temis ofthe lease, for the Maintenan￿ ofthe Hall.
The facilitie5 were used regularfy by 15+ outside organisations including ArtisanEast, Leigh Languages,
National Childbirth Trust (NCT), Ichthus After School Club. Sing and Sign (baby and toddler classes), JH
Aerobics, DSD Krav Maga Essex. Lily Leaming Centre (tuition for primary school age children), Warrior
Martial Arts, Jubilee College (Reflexology Training), VRSTh Dance School. Holistic Therapy {meditation),
Beyond Sound and Vibration (sound medilation), Shanti Heatthcare Ltd. London School of Counselling
Ltd.
Membership has increased by 18% year on year and during term times Bedford House and the Hall were
used by over 500 people per week. The policy ofthe ASSo￿ation is to continue to manage Bedford House
and the Hall, to organise educational and leisur&based courses at that location, and to enable Ihe use of
those facilities for other activities commensurate wih tts Objects.
Many of our members are seniors and the activities of the Association make a major contribution to
reducing the impact of loneliness on elderfy people and help wtth their mentsl and physical health
especially with the impact of the cost-of-living crisis.

BEDFORD HOUSE COMMUNITY ASSOCIATION
TRUSTEE ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Association also worked with or supported other local groups including Bu¢khurst Hill Parish Council,
Buckhurst Hill Residents Society, Buckhurst Hill Horticultural Society. Epping Forest District Council and
Essex County Council.
A fuller description of the Association's activities is provided in the ch￿f executive officer's report.
Governance
The Association is constituted as a Charrtable Incorporated Association (CIO) and govemed by a
constitution that provides for the trustees to be the onty voting members.
All prospective trustees are subject to a recruiiment and selection process and their appointment must be
approved by the board of trustees.
During the year the Irustees undertook an in-depth assessment of how well the Association is meeting
thE Charrty Govemance Code and were pleased to find that recommended practice is generally applied.
A few areas for improvement were identified and the trustees wll address these in the next year.
Following the assessment the trustees also decided to focus on equty. diversity and inclusion in the
-CA)ming year. A first step has been to recognise one of the trustees. Allan Mabert as our Lead - Equty,
Diversty and Inclusion.
The Association depends on both tls tutor staff and administrattve stsff to be able to provide its
piogramme of courses and other activities. The trustees Tecognise the drfficulty that complex and
changing employment legislation poses and commissioned the assistan￿ of external human resource
consultants to review the Association's policies and procedures and provide ongoing support.
A key part Df the Association's governan￿ is setting the annual budget and monitoring income,
expenditure and cash flow. The finance officer has implemented a new accounting system and developed
tailored reports that have been of great benefft to the trustees in their oversight of the Associalion'5
finances.
Rlsk Management
The trustees actively review on a regular basis the operalional ri8ks faced by the Association. During the
year the trustees augmented this wf(h an exercise to Klentify the scenarios in which such risks could
crystallise and how the Associalion could respond to each of these. Estimating the implementation costs
of each potential response has enabled the trustees to outline optimal plans for dealing wilh such
adverse events and thereby increase the resilience of the Association.
The trustees have also used the findings of this exerase to inforrn the reserves policy arKI believe that
maintaining reserves in accordance with the rese￿e$ policy wll. as far as the trustees can reasonably
determine, ensure suffic¢ent resources in the event of adverse events.
Future Developments
The trustees intend that the charity should continue to develop rls programme of education and leisure
courses, together the provision ot other faCIl￿e$ and activities for the benefit of the Community.

BEDFORD HOUSE COMMUNITY ASSOCIATION
TRUSTEE ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Reserles Pollcy
In line wf(h the Charity Commission guidan￿ that a chartty should maintain adequate reserves to ensure
its ability to deliver its charitable objectives. the Association hotds both restricted and unrestricted
reserves for various purposes. These reserves are reviewed annually by the trustees.
The unrestricted reseNes at the balance sheet date amounted to £70,924 (2023 £62,816) and after
deduction of the net book value of fixed assets there were unencumbered current assets of £58,440
{2023 £51.3061. All the restricted income was utilised during the year and there were no restricted
reserves at the end of the year.
The trusteES have detemiined the minimum unencumbered current assets that will be required in the
context and scale of actiwty and overall commitments is £55,000. The trustees recognise that a further
£16,000 may be required in the extreme circumstances of an unplanned shutdown. Increasing the target
level of reserves would be disproportionate and inconsistent with the charilable ambitions of the
Association and the trustees will therefore seek a￿ernative ways to mitigate the risk.
£55,000 of the £58,440 unencumbered current assets are therefore effectively ringfenced reserves. The
amount available for day to day use is therefore onty £3,440.
Statement of Trustees. Responslbllltles
Charity law requires the Irustees to prepare finanryal statements for each financial year which grve a true
and fair view of the Association's inCo￿llng resources and Tesources expended during that year and of its
stale of affairs at the end of the year. In preparing those financial statements Ihe truslees are required to-
Select suttable accounting policies and apply them consistenlty.,
Make judgements and estimates that are reasonable and prudent-
. state whether applicable accounting standards and statements of recommended practice have been
followed, subject to any material departures disclosed and explained in the financial 5tatements,' and
Prepare the financial statements on the going ¢on¢em basis unless it is inappropriate to presume that
the AssO￿ation will continue in operation.
The trustees are also responsible for keeping proper accounting records which discbse with reasonable
accura¢y at any time the financial position of the Association and enable them to ensure that the financial
statements comply wf(h the Charitses Act 2011. They are also responsible for safeguarding the assets of
the Association and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
irregulartlies.
Approved by the Trustees on
20￿ MAY 1025 and sKJned on their behaw by:
Sylvia Watson. Chair of the Board of Trustees

BEDFORD HOUSE COMMUNITY ASSOCIATION
CEO ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
l am pleased to report that the 2023-24 financial year had a more positive financial outcome than
expected. Our Audited Accounts show that V￿ had a surplus of£8,116 vs a break even budget. This is
the best year-end result for many years and ￿rtaInty since 2018. Although it is a good surplus there is a
long way to go to recover the approximate £60.000 losses Bedford House Community Association
IBHCA) incurred due to the Covid pandemic.
The good result has onty been possible thanks to the hard wort<. dedication and overtime worked by the
Adminislration Team to generate the addthon81 income necessary to meet the 300/0 funding gap between
course fee income and the cost of running BHCA. I would like to thank the staff for their unwavering
support and dedication as without them ￿￿ would not be able to generate adequate funds to stay open.
. Our 22 tutors are equally important to BHCA and the communty. They are accomplished artists, or
practitioners, in their own right, have a love of teaching, and understand how to adapt their teaching
approach to each cohort of student members, meeting student member needs and incorporating those
with disabilities and special needs into mainstream classes. We are grateful for and proud of our tutors.
We are also grateful to our members and Training Partners for their support during the year. We are here
for them and the wder Community, and they help BHCA to exisL
BHCA continues to make an essential contribution to keeping the community engaged. active and
connected, helping to maintain physical and mentsl wellbeing.
BHCA is a charity with a clear focus- to improve the qualtty of lrfe through lifelong leaming in a
supportive learntng environmenL BHCA is a vibrant and creative centre that offers over 30 courses every
wEek in arts and crafts, health and fftness, leisure activrties. We celebrate our members, work in our
Summer Show and offer opportunities to local craftsmen￿OMen, hobby crafters and artists to sell wares
at our Winter Craft Fair. We also offered a free-tcpattend Wellbeing Festival Week of acb'vities in February
2024 with over 220 sessions being booked.
Over 500 people attend our site every week with approximately 300 of these being our membet3
attending courses for 35 or more weeks of the year. We also run a summer school in July and August.
BHCA is onty fully closed for 2 weeks around Christmas and New Year.
Members pay only 70Yo of the real cost of courses, and we aim to abways have some courses that are
donation based or free to attend. Bedford House generates the 30% balan￿ in other ways through
income from for instsn￿ fundraising.
Our demographics tell us that our members are adults, mainly aged 55 and over.
We support small local Servi￿ providers with Spa￿ to deliver their own educational seNt￿$ to all age
ranges. We also support local families wtth spaces for children's partses or family occasions.
Many of our members come on the recommendation of friends and famiw. There is no better
advertisement than knrd of mouth,. Others hear about us from their GP, Social Prescribers, or local
organisations such as Dementia friendEy groups, Alzheimers. Healthwatch, Epping Forest community
support. We keep in regular contsct with our own Member5 and Friends through our weekty e-
Newsletters.
Our long opening hours provide leaming opportunities to those ￿ryth v￿rk, carer or family commttments.
We are open 9am to 9.'30pm Monday to Friday, and often at the weekend too.

BEDFORD HOUSE COMMUNITY ASSOCIATION
CEO ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
BHCA offers over 110 hours of communty supwrt every V￿k.
BHCA is a medium sized local employer with regard to the head¢ount of 30 employees. However, all
staff. apart from the CEO works part time and the total organisational contractual v￿rf¢ hours add up to
less than 5 FTES (Full Time Equivalents).
Staff turnover is very low. The organisational culture is friendty and healthy. Once staff start wotking at
BHCA they generally tend to stay for many years. and we have several staff members who have been
here over 25 years, with the current longest se￿1￿9 staff celebrating 50 years of Servi￿ in Term 1 next
year (202&25}. We also attract an excellent qualty of new tutors and administration staff when we
recruit.
BHCA is-accred¢ted as an Essex Famity Friendty Employer. We have signed up lo the Mental Health at
Work Commitment and are a member of the Epping Forest Dementia Friendty Group.
BHCA is committed to Equity, DNersty and Inclusion {EDI). and demonstrates that in various ways. EDI
is a continuing joumey where improvements can always be made. We have an 'Access and InclusivFty
Statemenr to show our commitment to EDI and a trustee is leading in this area. The statement is on our
website.
BHCA is ag8 Positive. The average age of employees is 57.8 years old in 2023-24 within the age range
of 25 to 79.
BHCA 15 gender positrve. The gender balan￿ of the Board of Trustees and the Administration Office is
very near 50.'50.
BHCA ¢ontinues to successfully include stakeholders with disabilities such as sight impairments. mild to
moderate dementia, neurodiversity, and neurological conditions. We have started the process of
reviewng the website for increased aC￿ssIbl1[ty for instance for people using Vol￿ readers. We are
planning on raising furKls over the next few years to make BHCA more mobilty friendly.
BHCA continues to sepie the communty in many different ways. and l am l¢)oking forward to the year
ahead.
Lykke Leszczynski. CEO

BEDFORD HOUSE COMMUNITY ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
I report on the accounts of Bedford House Communty Association for the year ended 31
August 2024 which are set out on pages 8 to 14.
Respectlve responsibilities of trustees and examiner
The Charity's Trustees are responsible for the preparation of the a¢￿unIs. The Charity's
Trustees consider that an audit is not required for this year (under section 144 {2} of the
Charities Act 2011 (The Act) but that an independent examination is needed. The charities
gross income exceeded £250,000 and l am qualified to undertake the examination by
being a qualified member of Association of Accounting Technicians.
It is my responsibility to:
Examine the accounts under section 145 of the Charities Act,
To follow the procedures laid down in the General Directions gÉven by the Charity
Commissioners (under section 145(5)(b) of the Charrties Act, and
To stste whether particular matters have come to my attention.
Basis of independent examinerfs Statement
My examination was carried out in accordan￿ wrlh the General Directrons given by the
Charity Commissioners. 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 considerations of any unusual items or disclosures in the a¢¢ounts, and seeking
explanations from you as trustees concerning any such matters. The prO￿dureS
undertaken do not provide all the eviden￿ that would be required in an audit and
consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In the course of my examination, no material matters have come to my attention which
gives me cause to believe that in, any material respect..
the accounting records were not kept in accordance with section 130 of the
Charities Act., or
the accounts did not accord with the accounting records", or
the accounts did not comply with the applicable requirements conceming the
form and content of the accounts set out in the Charities (Accounts and
Reports) Regulations 2008 other than any requirement that the accounts give a
true and fairf view which is not a matter considered as part of an independent
examination.
I 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.
David Courtier FMAAT MIP
cdmmunity360
for and on behalf of:
Date
2510612025
Winsley's House, High Stre
olchester, Essex

BEDFORD HOUSE COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2024
Unrestricted Restricted
funds
funds
2024
Total
funds
2023
Totsl
funds
Note
Incoming resources
Donations and legacies
Income from charitable activities
Other income
Income from investrnents
41,985
223,557
4,063
1.903
41,985
227,489
4,063
1,903
40,913
222,393
3,912
839
3.932
Total incomlng resources
271,508
3.932
275,440
268,057
Resources expended
Charitable activities
Cost of generating funds
262.833
1.367
3,132
265,965
1,367
272,922
2,735
Total resources expended
264,200
3.132
267,332
275,657
Net Incomel{Expense)
7,309
800
8.109
(7,600)
Transfer Beiween funds
800
(800)
Net Incomel(Expense) after transfers
8,109
8,109
17600)
As at 1 September 2023
62,816
62.816
70,416
As at 31 August 2024
70,925
70,925
62,816
The notes on page 10 - 14 form part of these financial statements.

BEDFORD HOUSE COMMUNITY ASSOCIATION
BALANCE SHEET
AS AT 31 AUGUST 2024
Note
2024
2023
Tangible fixed assets
12,484
11.510
Current assets
Cash at bank and in hand
Debtors
118.419
805
119,224
102,200
3,418
105.618
Current Llabllltles
Creditors.. Due wthin one year
Total current liabilities
60,783
60,783
54,312
54,312
Net current assets
58,441
51,306
Net assets
70,925
62.816
Unrestrictecl funds
Restricted funds
Total funds
11
70,925
62,816
70.925
62,816
These accounts have been approved by the Trustees on
and signed on their behalf:
Signed:
Date..
2?
Sylvi￿alSon

BEDFORD HOUSE COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
1. Accounting policies
Basis of the preparation of the accounts
The financial statements have been prepared in accordan￿ wtth Accounting and Reporting
by Charilies: Statement on Recommended Practice applicable to charilies preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) (effective 1 January 2019)- (Charitses SORP (FRS 102)), the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
the Companies Act 2006.
Cash flow
The financial statements do not include a cash flow statement because the charty, as a
small reporting entity, is exempt from the requirement to prepare such a statement under
Financial Reporting Standard 1 'Cash flow statements"
Incoming resources
All material incoming resources have been included on a re￿1vable basis
ie. they are included if the date receivable falls within the period covered by these accounts.
Resources expended
These have been analysed using a natural dassification.
Accounting period
The charity was incorporated on the 7th June 2018.
Tangible fixed assets for use by the Association and depreciation
Tangible fixed assets for use by the Association are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their
estimated residual value, over their expected useful lives on the folloviing basis:
Furniture and Equipment
over4 to 10 years. on a straight line basis.
Fixtures and Fittings
over 20 year5 on a straight line basis.
Going Concern
The trustees of the charity deem that there are sufficient funds available to continue
operating on a going concem basis for the forseeable future.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the
general objecttves of the charity and which have not been designated for other purposes.
Restricted funds a￿ funds which are to be used in accordance with spectfic restrictKJns
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.
10

BEDFORD HOUSE COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 AUGUST 2024
2. Donations and legacies
Unrestricted Restricted
2024
2024
Total
2024
Totsl
2023
Donations and fundraising
Donated serwces
6,507
35,478
41,985
6,507
35,478
41,985
5,435
35,478
40,913
3. Income from charitsble actlvities
Class Income
Membership and affiliation fees
Room and hall hire
Canteen income
Winter Craft Fayre and
Surnmer Exhibition
156,223
6,375
57,642
1,166
156,223
6.375
57,642
1,166
157,287
5,503
51,571
1,159
2,151
2,151
2,873
Grants
3,932
3.932
3,932
227,489
4,000
222,393
223,557
4. DI￿¢t Charltable Expendlture
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Cost of running classes
Tutor salaries and expenses
Management and administration
Cost of donated servi￿$
offi￿ salaries
Recruitment and training
Insurance
Rates and water
Repairs and maintenance
Light and heat
Maintenan
Printing
Postage
Stationery
Telephone
Accountancy & professional fees
Consultancy fees
Canteen costs
Cleaning and waste disposal
IT & computer costs
Sundry expenses and consumabies
Travel
Payroll costs
Equipment
Bank and credit card charges
Depreciation
64,868
1,152
66,020
67,849
35,478
99,577
1,385
5,844
1,092
818
7,052
1,931
1,322
35,478
99,877
1,385
5,844
1,092
818
7,882
1,931
1,322
35,478
102,922
1,648
4,815
1,208
8,337
7,193
1,635
2,275
300
830
469
500
469
500
513
500
850
18,093
11,236
3,052
31
2.176
1,016
3.678
2,365
262,833
850
18,093
11,236
3,902
31
2,176
1,016
3,678
1,322
14,486
10,948
3,950
30
1,947
1,737
3,192
937
272,922
850
3,132
265,965
11

BEDFORD HOUSE COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 AUGUST 2024
5. Cost of generating funds
2024
2024
2024
2023
Advertising & fundraising
1,367
1,367
1,367
1,367
2,735
2,735
6. Debto
2024
2023
Prepayments
Debtors
805
3,242
176
3,418
805
7. Creditors
2024
2023
Accruals
Trade creditors
Other creditors
Tax and social securty
Deferred income
Deposits held
3,212
1,295
680
1,903
50,566
3,127
60,783
1,960
5,072
3,355
1.651
38,644
3,630
54,312
8. Tangible fixed assets
Computer Fixtures & Furniture &
Fittings
Equlpment
Total
Cost
At 1 September 2023
Additions
At 31 August 2024
5,699
1,538
7,237
4,000
5,402
1,801
7,203
15,101
3,339
18,440
4,000
Depreciation
At 1 September 2023
Charge for the year
At 31 August 2024
87
1.422
1.509
900
200
2.604
743
3,591
2,365
5.956
1,100
3,347
Net book values
At 31 August 2024
5.728
2,900
3,856
12,484
At 31 August 2023
5,612
3,100
2,798
11,510
12

BEDFORD HOUSE COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS {continued)
FOR THE YEAR ENDED 31 AUGUST 2024
9. Staff Costs
No remuneration was paid to trustees in the year, nor were any trustees, expenses
reimbursed. No trustee is reimbursed for any reason for such things as parking costs, train
or bus fares, or stationery. nor are they paid by the Association directly.
Trustees always pay for any such expenses themselves for which the Association
is exiremely grateful.
2024
2023
Wages and salaries
National insurance
162,966
458
163,424
168,007
464
168,471
Employee numbers are as follows:
Tutor
Office and other administration
21
21
28
28
Key Management Personnel
For 2024, a total of £35,608 was paid to key management personnel (2023 £33,726).
10. Other income and expenditure
Buckhurst
Hill Wine
Club
Funds
Total
Other Income
Subscription fees and table money
Totsl Income
2,015
2,015
2,015
2,015
Other Expenditure
Room and hall hire
Wine. food and refreshments
Miscellaneous
Total Expendlture
508
1.302
508
1,302
1,810
1,810
Total brought forward
1,612
1,612
Total carried forward
1.817
1.817
BuGkhurst Hill Wine Club is a member organisation and uses the Centre at reduced rates.
The trustees of Bedford House Communty Association have no Control of income and
expenditure.
13

BEDFORD HOUSE COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS {continued)
FOR THE YEAR ENDED 31 AUGUST 2024
11. Analysis of net assets
between funds
Unrestricted
Frxed assets
Current assets (excluding cash)
Current assets - cash at bank
Current liabilities
12,484
805
118,419
60,783
70,925
12. Financial Commitments and contingencies
There were no commrtments to capital expenditure as at 31 August 2024.
The Association has an operating lease in resped of its photocopier, with quarterfy rental of
£50.
The frustees consider that there are no material identifiable contingent liabilrties that may
impact upon the Association within the foreseeable future.
13. Donated seNlces
The association has the use at a peppercom rent of the premises at Bedford House under
lease granted by Essex County Council. In accordance with Statement of Recommended
Practice "Accounting and Reporting by Charities" issued in 2005. the financial ststements
include the estimated value of this donated service under Income ReSoUr￿s, with an
equivalant expense included under Resources Expended. The value has been estimated by
the trustees by referen￿ to prevailing commercial rental levels in the surrounding area.
14 Deposits held
As at the 31 st August 2024, a total of £3,126 (2023: £3,630) was held for room hire
deposits. This amount was made up of money held by the following:
ICTHUS
VRsrY
Martial Warrior
Sing & Sign
MACK kids
J Andrews
£1,000 held
£572 held
£234 held
£50 held
£120 held
£130 held
Lily Learning
Sound Bath
Shanti Healthcare
Krav Maga
Tai Chi
Party Deposiis
£50 held
£81 held
£224 held
£292 held
£110 held
£264 held
15. Fund analysis
Asat1
In¢omlng
September 2023 Resources
Resources
Expended
Asat31
August 2024
Unrestrlcted Funds
62,816
271,508
(263,400)
70,925
Restrlcted Funds
Essex County Council
Essex Association - of
Local CoUn￿lS
Total Funds
2,932
(2,932)
(1.000)
1,000
62,816
275.440
(267,332
70,925
14