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2023-03-31-accounts

WOODINGDEAN COMMUNITY ASSOCIATION ANNUAL TRUSTEES REPORT

The trustees of the Woodingdean Community Association are responsible for a Community Centre in Woodingdean for the use of the local community.

The Woodingdean Community Association has 3 trustees and a management committee. The centre manager oversees the day-to-day running of the centre.

The outside of the building is maintained by Brighton and Hove City Council.

The building is a hub for local activity and available to hire for activities and/or special

occasions . Our aim is to provide a space for clubs and groups to run various activities for the local community including karate, dancing, meetings, table tennis and education.

The building has 3 rooms plus a kitchen and garden. Funds to maintain its upkeep are raised by renting some or all the rooms out to organizations or groups seven days a week.

The centre manager promotes and controls the bookings as well as ensuring that all hirers fulfil the terms of their agreement.

Our expenditure exceeded our income for the year ending 2023. This was due to the incorrect invoicing from the cleaning company and an agreed correction of the amount owed to them. This was covered by funds that were already held in the bank account.

Going forward a new management committee is in place and will hold monthly meetings to ensure that following years income will cover expenditure.

The trustees and the centre manager will continue to promote the use of the building and increase the number of users hiring the rooms.

The Trustees for the Woodingdean Community Association are:

Susan Baines John Homewood Denise Watson

Woodingdean Community Association Income & Expenditure 2022/23

Income:
Notes
£
£
Sales - Music used
26169
Sales - No Music
1371
Activity Income:
27540
Cost of Sales (PPL/PRS)
0
Nett Activity Income:
27540
Other Income:
- TDC
0
- Events
0
- COVID Grants
0
- Book Sales
0
- Donations
0
0
Total Income
1
27540
Expenditure
Lettings Officer / Cleaning
12034
Premises (inc. Insurance)
16402
Utilities
4741
General Admin
2575
Legal and Professional
374
Depreciation
789
Adjustment
0
Java Café
0
0
Total Expenditure
36913
Income Generated ( - deficit)
-9373
Without Depreciation
-8585 Surplus on co
2022/23
£
£
1475
480
1955
0
1955
0
0
24255
20
0
24275
26230
4762
4434
2494
500
500
789
0
0
0
13478
12752
re activities
2022/22

Balance Sheet as at 31 March 2023

----- Start of picture text -----
Notes: 2021/22
Fixed Assets £ £ £ £
Equipment and Improvements 4 1835 3682
add Current Assets
Debtors, Loans, and Prepayments 5 0 0
Shares in WCA Trading Co. Ltd 2 2
Cash in Hand 2 2
Cash at Bank - Current Account 2 30793 24422
30797 24426
less Current Liabilities
Creditors / Accurals 6 2472 3002
2472 28325 3002 21424
Net Current Assets 30160 25021
Total Assets
General Fund
Brought Forward from 31 March 2019 25106 12267
Surplus (Deficit) for 2019/20 -9373 12837
Shares in WCA Trading Co. Ltd 2 2
Total of Fund as at 31 March 2023 15735 25106
14425.51
Signed
Auditors: Jan Young
Date: 28/02/2024
Chair: Dick Grant
Date:
Treasurer: Stephen Roke
Date:
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