## **Bakersfield & Neighbourhood Community Association** (Registered charity, number 1183962) **Financial statements for the year ended 31 March 2023**
|**Page**|**Contents**|
|---|---|
|2 - 3|Trustees’ annual report|
|4|Independent examiner’s report|
|5|Receipts & payments account|
|6|Statement of assets & liabilities|
|7 - 8|Notes to the accounts|
# **Bakersfield & Neighbourhood Community Association Trustees’ annual report for the year ended 31 March 2023**
**Full name** Bakersfield & Neighbourhood Community Association
**Other names by which the charity is known** BANCA
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1183962
**Principal address** 312 Sneinton Dale, Nottingham NG3 7DN
## **Trustees**
David Mellen, Chair Dr Irfan Malik, Vice Chair Marilyn Livesey, Treasurer Joanne Flint Carol Greaves
Diane Balaguero, until 03.07.22
## **Independent examiner**
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its CIO – Association constitution adopted 18 June 2019.
New trustees are elected and co-opted as trustees from amongst the committee members at the AGM under the terms of the constitution.
## **Objectives and activities**
The principal objects of the charity are:
- To promote the benefit of the inhabitants of Bakersfield and the neighbourhood, without distinction of gender, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations, in common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants;
- Establish, or secure the establishment of a community centre and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects;
- To promote such other charitable purposes as may from time to time be determined.
2
## **Bakersfield & Neighbourhood Community Association**
## **Summary of the main activities undertaken for the public benefit**
We offer a warm inviting space for the public to engage in the activities we have on offer. The local public benefit from affordable room hire and a variety of facilities which include fitness, social activities and engage in education groups and classes.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main achievements during the period**
We have continued to offer affordable room hire to the local community and neighbourhood. This has given local people the opportunity to engage with other people from the community whilst taking part in classes and activities that are available.
## **The charity’s policy on reserves**
We do not have a written policy on reserves but we are constantly reviewing our finances.
## **Funds held for 3[rd] parties**
We held funds for Sneinton Social. The movement of funds was as follows.
## **£**
|Opening balance at 01/04/22
Receipts
Payments
Closing balance at 31/03/23|-
3300
(2930)|
|---|---|
||**370**|
## Risk analysis
We are constantly reviewing our finances and are working hard to increase revenue by applying for grant funding. We are seeing a massive increase in running costs, in particular energy bills and a reduction in the grant we receive from Nottingham City Council has resulted in a decrease in our bank balance. However, we would like to thank Nottingham City Council for their continued support.
## Signed on behalf of the charity’s trustees:
Signed _____________________________________________ Date __________ David Mellen, Trustee
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## **Independent examiner’s report to the trustees of Bakersfield & Neighbourhood Community Association for the year ended 31 March 2023**
I report to the trustees on my examination of the accounts of Bakersfield & Neighbourhood Community Association (the charity) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the trustees of the charity 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 2011 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 charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Signed _________________________ Date ______________________ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
4
## **Bakersfield & Neighbourhood Community Association Receipts & payments account for the year ended 31 March 2023**
|_2022_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
43366
Grants & donations
**2**
174
648
Subscriptions & membership
787
27558
Room rents
54218
85
Storage
70
71657
**Total receipts**
**55249**
**Payments**
42185
Wages, NI & pension
45798
1044
Payroll service
900
30
Travel & subsistence
20
7984
Utilities
16020
1884
Cleaning & hygiene
1254
163
Insurance
72
371
Telephone & internet
387
621
Printing, stationey & postage
359
1772
Publications, subscriptions & licences
1197
3592
Equipment, repairs & renewals
513
-
Premises maintenance
3172
73
Hospitality
21
516
Independent examination fee
-
314
Sundry payments
228
60549
**Total payments**
**69941**
11108
**Net receipts/(payments)**
(14692)
16345
Cash funds at start of this period
25917
27453
**Cash funds at end of this period**
**11225**|**Restricted**
**Funds**
**£**
3485
-
-
-
**3485**
-
-
-
2332
-
625
-
-
-
-
1536
-
528
-
**5021**
(1536)
1536
**-**|**_2023_**
**Total**
**Funds**
**£**
3659
787
54218
70|
|---|---|---|
|||**58734**|
|||45798
900
20
18352
1254
697
387
359
1197
513
4708
21
528
228|
|||**74962**|
|||(16228)
27453|
|||**11225**|
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## **Bakersfield & Neighbourhood Community Association Statement of assets and liabilities at 31 March 2023**
**----- Start of picture text -----**
2022 2023
£ Cash assets Note £
27418 Bank accounts 11210
35 Cash in hand 15
27453 11225
Other monetary assets
7978 Debtors - Room rents 11191
625 Prepayments 4 460
8603 11651
Assets retained for the charity’s own use
General equipment.
Liabilities
(1423) Creditors 5 (12072)
(1423) (12072)
**----- End of picture text -----**
These financial statements are accepted on behalf of the charity by:
Signed ___________________________________ Dated ___________ Marilyn Livesey, Trustee
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## **Bakersfield & Neighbourhood Community Association Notes to the accounts for the year ended 31 March 2023**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|Nottingham City Council
Sundry donations
**Funds analysis**
**Restricted funds**
Block fund
Local Community Fund (COOP)
**Unrestricted funds**
General|**Unrestricted**
**Restricted**
**£**
**£**
-
3485
174
-
**174**
**3485**
**Opening**
**Receipts (Payments)**
**balance**
**£**
**£**
**£**
-
3485
(3485)
1536
-
(1536)
**1536**
**3485**
**(5021)**
25917
55249
(69941)
**25917**
**55249**
**(69941)**|**Total**
**£**
3485
174|
|---|---|---|
|||**3659**|
|||**Closing**
**balance**
**£**
-
-|
|||**-**|
|||11225|
|||**11225**|
## **3. Funds analysis**
The Nottingham City Council Block fund was used to help with the running costs of the centre. The Co-op Local Community grant contributed towards the first repayment of the new LED lighting in the centre.
## **4. Prepayments**
|Publications, subscriptions & licences
Cleaning & hygiene|**£**
294
166|
|---|---|
||**460**|
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## **Bakersfield & Neighbourhood Community Association**
## **5. Creditors**
|Independent examination
Premises (see note 8)
Utilities|**£**
552
8799
2721|
|---|---|
||**12072**|
## **6. Premises & staff**
The premises are provided by the local authority.
## **7. Trustees’ remuneration**
One Trustee, Joanne Flint is employed by the Charity and was paid a total of £5,961.
## **8. Long term commitments**
LED Lighting.
The replacement of antiquated & inefficient light fittings with LED’s. A repayment schedule commenced October 2022 and each year after that to repay a total amount of £10,404.98 over 7 years.
## **9. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Debtors:** These are amounts owed to the charity, but not received in the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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