Report of the Treasurer 2024
The investment into the building continued this year.
Some of the major items are as follows
Decorating £2230
Car Park £5232
Annual Insurance £3115
Roof £8167
Windows £4953
Grants covered some of the costs. We are very grateful to DCC, North Point, AAP and Karbon Homes without whom we could not have fulfilled all the projects.
The rental prices were increased by 5% enabling income to cover increased cost of utilities and salaries.
The bank balance remains at a level which could cover our expenses, if needed, for a six-month period without income. This could protect the centre if any emergency meant having to close the doors.
The Gym has continued to be popular, with a steady flow of new memberships. The original equipment is slowly being replaced, but gym equipment is expensive. Funding has been sought, but not successful.
Donations from private individuals, events, books, and jigsaws increased and with successful gift aid management amounted to £12k being raised.
The end of year shows a surplus of £8873.96, which should provide some protection from future increases.
The future continues to be unpredictable but with the support of residents and friends of the Community Centre will endeavour to provide a service and amenities to be proud of.
Glenda Horne
Treasurer.
Lanchester Community Association Financial Statements for the Year Ended 31st December 2024
Lanchester Community Association Financial Statements for the Year Ended 31st December 2024 Accountants Certificate
We have examined the records of Lanchester Community Association and confirm that the attached receipts and payments account, balance sheet and summary statements are in accordance with those records.
We have not carried out an audit.
Miah & Co Chartered Certified Accountants
Lanchester Community Association Receipts & Payments Account for the Year Ended 31st December 2024
| RECEIPTS Rentals Subs, Affiliations & Donations Health & Wellbeing Covenants - Friends Fundraising & Grants Funds, Sections & Petty Cash |
2024 62,301.88 12,818.12 18,063.50 2,630.00 17,045.00 - 112,858.50 112,858.50 |
2023 PAYMENTS 54,102.91 Wages 7,818.74 Utilities 12,957.48 Cleaning 2,128.00 IT 40,625.00 Equipment 7,994.77 Sundries Petty Cash 125,626.90 Surplus for Year 125,626.90 |
2024 46,563.96 15,794.13 2,205.33 1,424.71 11,645.93 26,160.48 190.00 103,984.54 8,873.96 112,858.50 |
2023 42,541.63 11,977.47 1,787.79 1,676.23 55,574.20 7,724.74 120.00 |
|---|---|---|---|---|
| 121,402.06 4,224.84 |
||||
| 125,626.90 |
Lanchester Community Association Balance Sheet as at 31st December 2024
| Fixed Assets Buildings & Fixtures - At Cost Current Assets Current Account Represented By General Fund Surplus Profit for Year Contribution from Building Fund |
2024 340,639.49 64,141.34 64,141.34 64,141.34 404,780.83 55,267.38 8,873.96 64,141.34 340,639.49 404,780.83 |
2023 340,639.49 55,267.38 55,267.38 55,267.38 395,906.87 51,042.54 4,224.84 55,267.38 340,639.49 395,906.87 |
2023 340,639.49 55,267.38 55,267.38 55,267.38 395,906.87 51,042.54 4,224.84 55,267.38 340,639.49 395,906.87 |
|---|---|---|---|
| 64,141.34 55,267.38 8,873.96 |
55,267.38 51,042.54 4,224.84 |
||
| 395,906.87 | |||
| 55,267.38 340,639.49 |
|||
| 395,906.87 |
We approve these financial statements and confirm that we have made available all relevant records and information for their preparation and give authority for the information therein to be included on returns submitted to the Charity Commissioners.
Lanchester Community Association Financial Statements for the Year Ended 31st December 2024
Lanchester Community Association Financial Statements for the Year Ended 31st December 2024 Accountants Certificate
We have examined the records of Lanchester Community Association and confirm that the attached receipts and payments account, balance sheet and summary statements are in accordance with those records.
We have not carried out an audit.
Miah & Co Chartered Certified Accountants
Lanchester Community Association Receipts & Payments Account for the Year Ended 31st December 2024
| RECEIPTS Rentals Subs, Affiliations & Donations Health & Wellbeing Covenants - Friends Fundraising & Grants Funds, Sections & Petty Cash |
2024 62,301.88 12,818.12 18,063.50 2,630.00 17,045.00 - 112,858.50 112,858.50 |
2023 PAYMENTS 54,102.91 Wages 7,818.74 Utilities 12,957.48 Cleaning 2,128.00 IT 40,625.00 Equipment 7,994.77 Sundries Petty Cash 125,626.90 Surplus for Year 125,626.90 |
2024 46,563.96 15,794.13 2,205.33 1,424.71 11,645.93 26,160.48 190.00 103,984.54 8,873.96 112,858.50 |
2023 42,541.63 11,977.47 1,787.79 1,676.23 55,574.20 7,724.74 120.00 |
|---|---|---|---|---|
| 121,402.06 4,224.84 |
||||
| 125,626.90 |
Lanchester Community Association Balance Sheet as at 31st December 2024
| Fixed Assets Buildings & Fixtures - At Cost Current Assets Current Account Represented By General Fund Surplus Profit for Year Contribution from Building Fund |
2024 340,639.49 64,141.34 64,141.34 64,141.34 404,780.83 55,267.38 8,873.96 64,141.34 340,639.49 404,780.83 |
2023 340,639.49 55,267.38 55,267.38 55,267.38 395,906.87 51,042.54 4,224.84 55,267.38 340,639.49 395,906.87 |
2023 340,639.49 55,267.38 55,267.38 55,267.38 395,906.87 51,042.54 4,224.84 55,267.38 340,639.49 395,906.87 |
|---|---|---|---|
| 64,141.34 55,267.38 8,873.96 |
55,267.38 51,042.54 4,224.84 |
||
| 395,906.87 | |||
| 55,267.38 340,639.49 |
|||
| 395,906.87 |
We approve these financial statements and confirm that we have made available all relevant records and information for their preparation and give authority for the information therein to be included on returns submitted to the Charity Commissioners.