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2023-03-31-accounts

HUCCLECOTE COMMUNITY ASSOCIATION CIO Registered Charity No. 1186950

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 31[st] MARCH 2023

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Hucclecote Community Association

Report of the Trustees for the year ending 31 March 2022

Contents

Page
Legal and administrative information 3 - 4
List of Trustees 4
Organisational Structure 5
Review of Activities for the year 6
Policy on Reserves 7 - 8
Trustees’ Financial Responsibilities 9
Statement of financial activities 10
Balance Sheet 11
Notes forming part of the financial statements 12 – 14
Report of the Independent Examiner 15

2

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

ANNUAL REPORT & ACCOUNTS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The Trustees present their report along with the financial statements of the charity for the year ended 31 March 2023. The financial statements have been prepared to comply with applicable law.

LEGAL AND ADMINISTRATIVE INFORMATION

Name of the Charity Hucclecote Community Association CIO

Address of the Office of the Charity

Hucclecote Community Centre Hucclecote Road Hucclecote Gloucester GL3 3RT

Telephone 01452 616289 E-mail hca@hucclecote.org.uk Website www.hucclecote.org.uk

Names and addresses of other relevant organisations

Bankers: CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ

Independent Examiner: Ben Edwards, Esq., 8 Oak View, Hardwicke, Gloucester, GL2 4AT

Solicitors: Dean Barnard, Esq., Dee & Griffin, Hucclecote Court, 76, Hucclecote Road, Gloucester, GL3 3RU

Nature of the Governing Document The charity is governed by a Constitution which was adopted on 18[th] November 2019. It is Charitable Incorporated Association (CIO) registered under the Charities Act; registration number 1186950.

3

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Objects of the Association

  1. To promote the benefit of the inhabitants of Hucclecote and the neighbourhood (“the area of benefit”) without the distinction of sex, sexual orientation, nationality, age, disability, or race, or of political, religious or other opinions, by associating together the said inhabitants 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 object of improving the conditions of life of the said inhabitants.

  2. To 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.

  3. To promote such other charitable purposes as may from time to time be determined.

The Association shall be non-party in politics and non-sectarian in religion.

Method of election of Trustees At the Annual General Meeting members with power to vote elect a President, Chairman, Vice-Chairman, Treasurer and Secretary and up to ten individual members of the Association. Those elected are the Trustees of the Association and form the Management Committee. The Trustees who have served during the year are set out below.

Summary of investment powers The Constitution empowers the Association to invest money not immediately required for its objects in or upon such investments, securities or property as the Association may think fit, subject to such conditions as may be imposed by law.

Names of Trustees as at 31.03.2023

Mr. R. Barker (Chair) Ms G. Bond Mrs J. Boote Mr D. Brown Mr R. Crowhurst (Vice-Chair) Mr. W. Crowther (President) Mr P. Finch (Honorary Secretary) Mr M. Hall

Mrs H. Horwood Mr S Lethbridge Mr R Phillips Mr M Rees Mr C Slater Mrs C Spencer Mrs T Stevenson (Treasurer)

4

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Organisational structure

The organisational structure of the Association is as below.

----- Start of picture text -----
Trustees
(Management Committee)
Resources Maintenance Personnel Development Events
Committee Sub- Committee Committee Committee
committee
----- End of picture text -----

The Management Committee meets at least four times a year, when it receives reports from all relevant Committees. The Management Committee has responsibility for matters related to the constitution and to the overall direction of the Association, and considers recommendations from the other committees.

The Resources Committee undertakes budgetary planning and recommends financial strategy; it reviews income and expenditure; it recommends charges, membership subscriptions and wage rates. It also makes recommendations regarding major items of maintenance and capital expenditure; and it has responsibility for cleaning and Health & Safety.

The Personnel Committee has responsibility for staff recruitment and welfare, and for training; it makes recommendations on pay and contracts.

The Development Committee has responsibility for policies, marketing, and awards and grants; it makes recommendations on long-term planning for the development of the Association.

The Events Committee, in liaison with the Social Club (see below), organises social and special events at the Community Centre and elsewhere.

In addition the Management Committee may from time to time set up as required

A Project Committee to oversee a specific major project; and

A Disciplinary & Arbitration Committee.

The life-span of any such committee is limited to the time needed to fulfil the particular remit for which it was appointed.

Related Parties

There is a Social Club, operated by Hucclecote Social Club (2012) Limited, which is a trading company owned by holding trustees appointed by the Community Association. The Social Club pays a monthly licence fee, and covenants its net profits to the Charity.

5

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Review of the Activities of the Charity for the year 1 April 2022 to 31 March 2023

The operating costs of the Community Association are now at full pre-pandemic levels but have increased in many areas due to the cost of living crisis that has impacted nationally across all sectors. In addition, the Association completed a major refurbishment of the Community Centre lounge that had been committed to prior to the cost of living crisis materialising to the extent that it did. This refurbishment however will set the Association in good stead for the years ahead and no other major refurbishments are planned in the short term.

In terms of income, all streams are being managed by the Trustees and are beginning to approach pre-pandemic levels. There is still work to be done to increase these streams further and this will be the ongoing focus of the Trustees. New accounting software is being implemented to give the Trustees better financial data on which to base their decisions.

With all of the above taken into account, the Association realised a deficit for the year of almost £23k. Whilst this deficit was higher than predicted and desired, it was highlighted in last year’s report that the Association would not be able to realise a surplus until income streams fully recovered to the extent that they matched or exceeded rising costs. This remains work-in-hand and the primary drive of the Trustees.

In addition to the Association’s primary income stream of room hire, regular events such as live music, quiz nights, bingo, children’s parties and weekly activities for the under-5’s continue to provide fantastic services to the local community and the trustees are grateful for the staff and volunteers that work so hard to make these things happen.

The two main franchises within the Community Centre are the Social Club (2012) Ltd and the Essence Café. Both of these organisations continue to make good contributions to the HCA and offer friendly and welcoming environments to the people of Hucclecote and the surrounding area. Both organisations would like to see their customer numbers continue to rise and there are signs that they are heading in the right direction. The trustees are grateful to the staff and volunteers of both franchises for all of their efforts.

Finally, the transfer of land (The Millennium Garden) from the old unincorporated HCA charity (Charity number 301550) to this charity (Charity number 1186950) was finally completed during 2022/23 and the old charity (301550) has now been closed.

This report was approved by the Trustees on 13 November 2023 and signed on their behalf by

R.J. BARKER …………………R J Barker…………………………..Chairman

P FINCH………………P Finch………………………...…………Hon. Secretary

6

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Investment policy

The Constitution empowers the Association to invest money not immediately required for its objects in or upon such investments, securities or property as the Association may think fit, subject to such conditions as may be imposed by law.

The Charity’s Policy on Reserves

1. Purpose

The purpose of this policy is to articulate the requirements for funds, other than for normal operational requirements, to be held by the Hucclecote Community Association from one year to the next.

The policy aims to defend the retention of funds and restrict the allocation of monies to those authorised by the Trustees.

2.

Authorisation and Approval

This policy has three stages of authorisation and approval.

3. Amendments to the Policy

At any point between annual reviews, the Resources Committee or the Management Committee may identify a requirement to amend the Policy or the allocation of funds. In such cases, the requirement should be reviewed by the Resources Committee and a process of re-approval thereby initiated in accordance with section 2 above.

4. Requirement for Reserves

The HCA Trustees recognise the need to hold reserves for two key purposes:

5.

Principles of the Policy

Funds will be split into one of four categories as follows:

7

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Funds allocated to these categories can only be spent in accordance with the description of the category in section 6 below.

There is no requirement to spend any, or all, of the monies allocated to a category in any one year or any period of years. Each fund merely represents an intent to channel resources in a particular direction and a ceiling figure for expense in that area which cannot be breached without re-setting the ceiling figure with the approval of the Trustees.

6. Descriptions of Categories

7. Process of Allocation of Monies to Fund Categories

In order to determine the monies which are allocated to each fund category, the Resources Committee will adhere to the following steps in the order that they appear. They should ensure that some money is allocated to each fund (none should be left empty).

8

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Trustees’ responsibilities in relation to the financial statements

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records which 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. 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.

Approved by the trustees and signed on their behalf by:

R J Barker.

Mr R Barker Chairman

Date: 13/11/23

9

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Hucclecote Community Association

Report of the Trustees for the 12 months ended 31 March 2023 cont/d

Statement of Financial Activities, 12 months Ended 31 March 2023

Notes
INCOMING RESOURCES
Voluntary Sources
Donations
£
Membership Fees
£
Affiliation Fees
£
Income from Sections
2
£
Bar profits / Social Club Profits
£
Fund raising
3
£
Entertainment
4
£
Community Day
£
Other income

Trim Trail Fund Raising
£
Centre Improvements
£
Credit Charges
£
Sundry/Grants
Charitable trading
Typing & printing
£
Income from Assets
Social club licence fee
10
£
Coffee Shop
£
Disco Hire
£
Room Hire
£
Interest Received
£
TOTAL INCOMING RESOURCES
£
EXPENDITURE
Direct Charitable
Section costs
2
£
After School
£
Premises costs
5
£
Cleaning & refuse
£
Personnel costs
£
Depreciation
6
£
Management & Administrative
Post, Stationery, etc.
£
Telephone
£
Subscriptions
£
Licences
£
Computer/Training
£
Legal & Professional
£
Gratuities
£
Sundry expenses
£
Other Expenditure
Fund raising expenses
3
£
Entertainment expenses
4
£
Community day expenses
£
Trim Trail Expenses
£
Publicity
£
Other
£
Charges
£
TOTAL RESOURCES EXPENDED
£
NET INCOMING/OUTGOING RESOURCES

(BEFORE TRANSFERS)
TRANSFER BETWEEN FUNDS
NET MOVEMENT IN FUNDS
TOTAL FUNDS BROUGHT FORWARD
£
TOTAL FUNDS CARRIED FORWARD
9
£
General
106

1,060

200

5,683

4,400

1,368

6,940

-

300

-

-

205

£4,277
140

11,200

2,960

338

35,169

475

74,221

165

-

23,875

19,295

34,175

7,074

128

578

85

805

-

1,456

759

131

255

5,189

160

-

-

-

166

94,296

20,075

102,108

82,033

UNRESTRICTE
Centre
Development
-
£
-
£
-
£
20,000
£
20,000
£
D FUNDS
RESTRICTED FUNDS
12 Months
12 Months
Trim
TOTAL
TOTAL
Trail
31.03.23
31.03.22
106.26
£
95
£
1,059.57
£
970
£
200.00
£
190
£
5,683.04
£
5,087
£
4,400.00
£
2,000
£
1,367.65
£
347
£
6,940.32
£
5,423
£
-
£
-
£
300.00

270

-
£
1,307
£
-
£
-
£
205.33
£
2
£
4,277.43
£
22,895
£
139.57
£
24
£
11,200.00
£
816
£
2,960.00
£
944
£
338.25
£
-
£
35,168.76
£
25,855
£
475.03
£
519
£
-
£
74,221.21
£
66,202
£
165.01
£
141
£
-
£
-
£
23,875.09
£
19,439
£
19,295.36
£
8,529
£
34,174.55
£
31,388
£
2,879
£
9,953.44
£
8,349
£
127.54
£
163
£
577.54
£
483
£
85.00
£
224
£
805.16
£
1,524
£
-
£
-
£
1,456.00
£
1,200
£
759.10
£
1,138
£
131.38
£
101
£
254.61
£
558
£
5,189.42
£
4,825
£
160.00
£
523
£
-
£
-
£
-
£
-
£
827
£
-
£
1,321

166.01
£
-
£
2,879
£
97,175.21
£
78,091
£
2,879

22,954.00

11,888

-
£
1,572

120,536
£
4,451

97,582
£
RESTRICTED FUNDS
12 Months
12 Months
Trim
TOTAL
TOTAL
Trail
31.03.23
31.03.22
106.26
£
95
£
1,059.57
£
970
£
200.00
£
190
£
5,683.04
£
5,087
£
4,400.00
£
2,000
£
1,367.65
£
347
£
6,940.32
£
5,423
£
-
£
-
£
300.00

270

-
£
1,307
£
-
£
-
£
205.33
£
2
£
4,277.43
£
22,895
£
139.57
£
24
£
11,200.00
£
816
£
2,960.00
£
944
£
338.25
£
-
£
35,168.76
£
25,855
£
475.03
£
519
£
-
£
74,221.21
£
66,202
£
165.01
£
141
£
-
£
-
£
23,875.09
£
19,439
£
19,295.36
£
8,529
£
34,174.55
£
31,388
£
2,879
£
9,953.44
£
8,349
£
127.54
£
163
£
577.54
£
483
£
85.00
£
224
£
805.16
£
1,524
£
-
£
-
£
1,456.00
£
1,200
£
759.10
£
1,138
£
131.38
£
101
£
254.61
£
558
£
5,189.42
£
4,825
£
160.00
£
523
£
-
£
-
£
-
£
-
£
827
£
-
£
1,321

166.01
£
-
£
2,879
£
97,175.21
£
78,091
£
2,879

22,954.00

11,888

-
£
1,572

120,536
£
4,451

97,582
£
11,888

10

Hucclecote Community Association

Report of the Trustees for the year ended 31 March 2023 cont/d

Hucclecote Community Association Report of the Trustees for the 12 months ended 31 March 2023 cont/d

Balance Sheet as at 31st March 2023

Notes
FIXED ASSETS
Tangible Assets
6
CURRENT ASSETS
Debtors
7
Cash at Bank and in hand
CURRENT LIABILITIES
Creditors: amounts falling due
8
within one year
NET CURRENT ASSETS
TOTAL NET ASSETS
FUNDS
9
£
£
£
Unrestricted
Funds
28,969

9,665

63,491
73,156

4,543

68,613

97,582

97,582
£
£
£
£
£
Restricted
Funds
-

-

-

-

-

-

-

-
£
£
£
Total
31.3.23
28,969

9,665

63,491
73,156

4,543

68,613

97,582
97,582
£
£
£
£
£
Total
31.3.22
23,156

6,717

95,859
102,576

5,196





£
£

£
£
£ £ £ £ 97,380
£ £ £ £ 120,536
£ £ £ £ 120,536

11

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Hucclecote Community Association Report of the Trustees for the 12 months ended 31 March 2023

Notes to the accounts for the 12 months ended 31 March 2023

1 Fixed Assets

Fixed assets are written off on a straight line basis over their estimated useful life.

2 Section Accounts

2 Section Accounts
3
4
5
C/Fwd
Unrestricted Funds
Badminton
Under 5's Activities
Scrabble
Other
Fund Raising
Catering
Tuck Shop
Entertainment
Children's/Senior Parties
Other Events
Premises Costs
Property Maintenance
Gas
Electricity
General Rates
Water Rates
Premises Insurance
Rent
Grounds Maintenance
Income
476
£
5,207
£
-
£
-
£
5,683
£
Income
654
£
714
£
1,368
£
Income
-
£
6,940
£
6,940
£
General
Maint
9,503
£
3,240
£
5,909
£
442
£
196
£
2,635
£
63
£
1,888
£
23,875
£
Expenses
-
£
5,053
£
-
£
10
£
5,062
£
Expenses
184
£
70
£
255
£
Expenses
-
£
5,189
£
5,189
£
Restricted
Fund
-
£
2023
2022
Net
Net
476
354
£
154
195

0
-
£
-10
22

621
£
137
£
621
£
137
£
2023
2022
Net
Net
470
£
389

643
£
178
£
1,113
£
211

2023
2022
Net
Net
-
£
-
£
1,751
£
467
£
1,751
£
467
£
1,751
£
467
£
Total
Total
2023
2022
9,503
£
9,159
£
3,240
£
1,670
£
5,909
£
2,214
£
442
£
287
£
196
£
-
£
2,635
£
2,881
£
63
£
125
£
1,888
£
3,101
£
23,875
£
19,439
£
2022
Net
-
£
467
£
467
£
467
£
Total
2022
9,159
£
1,670
£
2,214
£
287
£
-
£
2,881
£
125
£
3,101
£
19,439
£

12

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Hucclecote Community Association

Report of the Trustees for the 12 months ended 31 March 2023 cont/d

Notes to the accounts for the 12 months ended 31 March 2023

6
7
8
9
Fixed Assets
Cost
At 1 April 2022
Additions
Disposal
Depreciation
At 1 April 2022
Charge for the 12 months
Disposal
Net Book Value
31 March 2023
31 March 2022
Debtors
Debtors
Prepayments
Tax
Long Term Debtors
Creditors
Other Creditors
Accruals
Funds
Unrestricted
General
£
Restricted
£
Total
£
Fixed
Assets
28,969

-

28,969
£
£
£
£
Property
18,343

-

-

18,343

17,379

964

-

18,343

0

964

Bank &
Cash
£63,491
-

63,491
Trim
Trail
14,395
£
-
£
14,395
£
11,516
£
2,879
£
-
£
14,395
£
-
£
2,879
£
Debtors
9,665
£
-
£
9,665
£
Fixtures &
Fittings
89,421
£
15,487
£
-
£
104,908
£
71,032
£
5,593
£
-
£
76,625
£
28,283
£
18,389
£
2023
9,665
£
-
£
-
£
-
£
9,665
£
2023
418
£
4,125
£
4,543
£
Creditors
4,543
£
-
£
4,543
£
Computer
Equipment
3,960
£
280
£
-
£
4,240
£
3,036
£
518
£
3,554
£
686
£
1,204
£
Total
2023
126,119
£
15,767
£
-
£
141,886
£
£
£
£
£
86,266
£
9,953
£
-
£
96,219
£
£ 28,969
£
£ 23,436
£
£
£
2022
4,082
£
2,635
£
-
£
-
£
6,717
£
2022
345
£
4,851
£
5,196
£
Total
2023
97,582
£
-
£
97,582
£

13

Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d

Hucclecote Community Association

Report of the Trustees for the 12 months ended 31 March 2023 cont/d

Notes to the accounts for the 12 months ended 31 March 2023

10 Related party transactions

Hucclecote Social Club (2012) Ltd is a separate legal entity that donates all its profits to Hucclecote Community Association under a deed of covenant. The shareholders and directors of Hucclecote Social Club (2012) Limited are also trustees of Hucclecote Community Association with the shares being held for the benefit of Hucclecote Community Association.

The Social Club pay a monthly licence fee (site rental) to Hucclecote Community Association charged at £400 per month.

11 Trustee Remuneration

Hucclecote Community Association does not remunerate (either through salary or pension scheme) Trustees.

12 Accounting treatment

The accounts have been prepared on an accruals basis.

14

Hucclecote Communi Association Re ort of the Trustees for the ear ended 31 March 2023 cont Inde ndenl examiner's re on lo the Injslees of HuLilecote Communil Association I reTM)rt to the trustees of Hucclecote Comjnunity Assoc￿li0n {chaT]ty number 11869501 on the accoun15 of Hucclecole Communjty A￿CiatIon for the ytsi ended 31 M￿h 2023, w'hich are sei oui on pa¥es 10-14 As the charity trustces of Hucclecolc Community Association you are re5poThsiblc for the preparation of the accounts in acrordance with thc requiremtnt5 of the Charities Act 2011 ('Ih¢ Act'l. I rcp)n in rc5ttti of my cxaminalion of the Hucclecolc Community A5￿CIall0n carried out under section 145 of ihe 2011 Ac¢ and in carryintsy out my examination I have followed all the applicable Direction5 8iv¢n by lh¢ Charity Commi55ion ulld¢r 5¢ftion 145 {51 (b) of th Ad. I haN'e ¢ompleied my examination. l ctsnfimi thai no mzierial mttiiets have eome to my attention in connection with thc examinalion ¥ivin¥ me cause io believe thai in aThy material rc5pccI.' l. Accountin¥ records were noi kept in re5peei of Hu¢clecoie Commutiity A550¢iatii as required by seLiion 130 of ihe Acl.. or 2. The oceounls do not accord w'ith th05c record5- or 3. Thc account¥ do nol comply wilh thc applicablc requirernents concerning the form and conlent ofarcounts out in the Churil¢s (Account5 and Rq￿rty.I Regulation5 2()08 other thw] wjy r¢quJr¢m¢ni that th¢ ac¢ounls ￿Ve a'In￿ and fair view which 15 not a matter considered as part of ar] independent exarninalion. I have no concern5 and have come across no other matt¢r5 in connection with th ¢xarnination which att¢nlion should b¢ dram￿ in thi5 re￿rt on ord¢r lo ￿&ble a PrO￿r ndeTStanding of th¢ accounts to be ￿ach￿. S Ed￿ardS FCCA ACCA Chllrtered Certified Accoun¢ani 51ii122 15