## **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 Maintenance Sub committee is responsible to the Resources Committee, and oversees day-to-day maintenance, repairs and renewals to grounds, buildings and fixtures and fittings.
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.
- 1) On an annual basis, the Resources Committee will review the policy and the allocation of funds into specific categories. This review will culminate in a written statement to the Management Committee detailing:
- a) recommendations for revision to the policy;
- b) recommendations for the allocation of funds.
- 2) The Management Committee will review the statement presented by the Resources Committee and, if agreed, endorse the recommendation. If the statement cannot be endorsed by the Management Committee, it will be sent back to the Resources Committee for further review.
## **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:
- a) To fund short term and long term projects, including those related to property owned or leased by the Association.
- b) To provide some protection to the Association and its programme of activities by limiting the risks arising from a downturn in income or an unexpected need for unplanned expenditure.
## **5.**
## **Principles of the Policy**
Funds will be split into one of four categories as follows:
- a) Contingency fund
- b) Short-term property projects
- c) Long-term property projects
7
**Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d**
- d) Community projects
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**
- a) Contingency fund
- This fund is for any unforeseen expenses for which alternative financing is either unavailable or not readily available. This includes emergency repairs to property owned or leased by the HCA for which alternative financing (e.g. insurance) is either unavailable or not readily available. It may be the case that monies spent from this fund are replaced at a later date when alternative financing (e.g. the materialisation of an insurance claim) becomes available.
- b) Short-term property projects
- This fund is for projects within the forthcoming year which enhance or maintain the property and assets owned or leased by the HCA. Such projects should be assessed and costed prior to allocation of monies to this fund, or may be developed during the course of the year if monies are available within this fund.
- c) Long-term property projects
- This fund is to build up reserves required for property projects in future years, particularly those which require a significant amount of money which is not made available to the HCA in the course of any one year. Prior to commencement of the year in which such a project is planned to be implemented, monies will be vired, through the approval process identified earlier in this policy, to the Short-term property projects fund.
- d) Community projects
- This fund is for projects which enhance or maintain the delivery of benefit to members of the Community as defined in the constitution of the HCA. These projects will not be related to the enhancement or maintenance of property owned or leased by the HCA.
## **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).
- 1) Determine the level of funds required for the Contingency fund, taking account of: a) any major items in a poor state of repair for which a property project is not envisaged during the year and for which immediate attention could be required;
- b) any other provisions for financial risk management.
- 2) Determine the level of funds for short-term property projects by reviewing the number and nature of projects that the HCA may wish to consider funding and implementing during the course of the year.
- 3) Determine the level of funds to set aside for long-term property projects which the HCA may wish to consider funding and implementing in future years.
8
**Hucclecote Community Association Report of the Trustees for the year ended 31 March 2023 cont/d**
- 4) Determine the level of funds for Community projects based on knowledge of forthcoming requirements, previous experiences, or specific requests from Trustees.
## **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:
- ❖ Select suitable accounting policies and then apply them consistently;
- ❖ 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 departures disclosed and explained in the financial statements; and
- ❖ Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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 Assocli0n {chaT]ty number
11869501 on the accoun15 of Hucclecole Communjty ACiatIon for the ytsi ended
31 Mh 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 A5CIall0n 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 Rqrty.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 rert on ord¢r lo &ble a PrOr
ndeTStanding of th¢ accounts to be ach.
S EdardS FCCA
ACCA Chllrtered Certified Accoun¢ani
51ii122
15