## **Bakersfield & Neighbourhood Community Association** (Registered charity, number 1183962) **Financial statements for the year ended 31 March 2024**
|**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 2024**
**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
## **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 and most recently amended on 11 February 2022.
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.
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## **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 during a challenging time and are attracting new groups to help keep engaging with the local community.
## **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 01/04/23
Receipts
Payments
Closing balance at 31/03/23|**£**
370
-
(370)|
|---|---|
||**0**|
## **Risk analysis**
We are constantly reviewing our finances due to the increase in utility bills and general outgoings.
## 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 2024**
I report to the trustees on my examination of the accounts of Bakersfield & Neighbourhood Community Association (the charity) for the year ended 31 March 2024.
## **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
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## **Bakersfield & Neighbourhood Community Association Receipts & payments account for the year ended 31 March 2024**
|_2023_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
3659
Grants & donations
**2**
500
787
Subscriptions & membership
529
54218
Room rents
70040
70
Affiliation & storage
118
58734
**Total receipts**
**71187**
**Payments**
45798
Wages, NI & pension
45629
900
Payroll service
894
20
Travel & subsistence
32
18352
Utilities
15161
1254
Cleaning & hygiene
1064
697
Insurance
-
387
Telephone & internet
446
359
Printing, stationery & postage
446
1197
Publications, subscriptions & licences
1177
513
Equipment, repairs & renewals
836
4708
Premises maintenance
1721
21
Hospitality
14
528
Independent examination fee
-
228
Sundry payments
714
-
Activities & trips
144
74962
**Total payments**
**68278**
(16228)
**Net receipts/(payments)**
2909
27453
Cash funds at start of this period
11225
11225
**Cash funds at end of this period**
**14134**|**_2024_**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
3485
3985
-
529
-
70040
-
118
**3485**
**74672**
-
45629
-
894
-
32
2310
17471
-
1064
773
773
-
446
-
446
-
1177
-
836
-
1721
-
14
402
402
-
714
-
144
**3485**
**71763**
-
2909
-
11225
**-**
**14134**|
|---|---|
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## **Bakersfield & Neighbourhood Community Association Statement of assets and liabilities at 31 March 2024**
|_2023_
£
**Cash assets**
**Note**
11210
Bank accounts
15
Cash in hand
11225
**Other monetary assets**
11191
Debtors - Room Rents
460
Prepayments
**4**
11651
**Assets retained for the charity’s own use**
General equipment.
**Liabilities**
(12072)
Creditors
**5**
(12072)|**_2024_**
**£**
14104
30|
|---|---|
||**14134**|
||6448
329|
||**6777**|
||(12252)|
||**(12252)**|
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 2024**
## **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 grants & donations
**Funds analysis**
**Opening**
**balance**
**£**
**Restricted funds**
Block fund
-
Fund Name
-
**-**
**Unrestricted funds**
General
11225
**11225**|**Unrestricted**
**£**
-
500
**500**
**Receipts (Payments)**
**£**
**£**
3485
(3485)
-
-
**3485**
**(3485)**
71187
(68278)
**71187**
**(68278)**|**Restricted**
**£**
3485
-
**3485**
**Closing**
**balance**
**£**
-
-
**-**
14134
**14134**|**Total**
**£**
3485
500|
|---|---|---|---|
||||**3985**|
|||||
## **3. Funds analysis**
The Nottingham City Council Block fund was used to help with the running costs of the centre.
## **4. Prepayments**
|Publications, subscriptions & licences
Cleaning & hygiene|**£**
270
59|
|---|---|
||**329**|
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## **Bakersfield & Neighbourhood Community Association**
## **5. Creditors**
**£** Independent examination 612 Premises (see note 9) 7192 Pensions 292 Utilities 4115 Telephone & internet 41 **12252**
## **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 £8,823.
## **8. Related party transactions**
There were no related party transactions in this period.
## **9. 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.
## **10. 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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