Charity rryistration llumber 1191701 CoMpY r¢gbtratlon CE024204 IEDglMd #nd Wal¢s) YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023
YIEWSLEY & WEST DRAYTON COMTrtUy ASSOCIATION LEGALAND ADMINISTRATIVE INFORMATIOIY Trnste•s P Harvey Cllr A Deville Kathy Chestrr James Cat)twell A Deville (App)iThted 18 MAY 2023) (Ap)Intl 27 May 2023) Cbrlty ttumber 1191701 Company rtumber PTJD¢lp41 thlr¢ The Communtty C•Jtr¢ Wesi Drayton Middlesex EnBl8r UB7 9JL Audltor D E Hunter Limit•l 2 Sl5bY Clos¢ Wokingh Berkshir¢ EnBland RG414AJ
YIEWSLEY & WEST DRAON COMMUNITY ASSOCIATION CONTENTS Tru5teds rewt Independent auditorfs T¢F Sw¢ment of flnancial a¢¢iviti¢S Ba1ce sheet Notes to the finoncial st*em¢nts 8-15
YIEWSLEY & WEST DRAYTON commu ASSOCIATION TRUSTEE'S REPORT (INCLUDING DIREcfoRS' REPORD FOR THE YE4R ENDED 31 JANUARY2023 The twsfr¢$ Pr almual r and finanud statements forts yeaT endeAI 31 Janw 2023. The financial statements have been prepared in ard with the ¥countirtg 1]icIeS set out in not¢ I to the fingn¢lal ststem¢nts 8nd cornply with the ch8rity's tnjgt deed, the Compani¢5 AQ 2(KI6 and 'AcrA)Urting and Replwting by Choritie$: Siatem¢nt of R¢wmmend¢d PraL#ice wlicable io chartties preparing their xcounts in ordANCe with the Financial Rep¢y¢in8 St8ndoTd 8pplicable in the UK Republi¢ of Ireland IFRS 102) (effedive l 20191.. Objectfvu axd aetfvltl In the trust deed between the ASSL8t10n and the lo] authority of Yiewsley and West Drnyton {n(FW the London Borough of Hillingdonl, datrd the 2nd April 1946, as $ubs¢qu¢ntty amendeA. the object 1$ provide 4 community centre for those workin8 and residin8 in the Urbon Borou8h of Yi¢wslry and West Dray1. The financial st4t¢m¢nts hav¢ been Preed in with th¢ 4wiurtin8 policieg in not¢ l ts the fin¢19] slatsments and cornply with the charity's t80veminB dmentI, the Clxnpnies A 21J)6 and'AccountiDg Reporting by Charilie5'. S¢ement of RecommeThled Practice applithl¢ to chtirities Krtparing their Kcounts in acujrdance with the Financial Reporting Standard applicable in the UK 4Dd Republic of ITel8rtd {FRS 102). (efflive l jury 20191. The Association's policy is to Consult •nd digcuss with employe48 duriti8 me¢tinw matrrs likely to affert employ, inter¢8t8. Infom)etion of matters of ¢onc¢rn to employeu is given through inforniation bulletins arml repts whi¢h setk to achieve common aware[¥ on the pjrt of ajl unployees of fIn•Ki factOTS affedln¥ the perfOrn¢e. Applilon3 for employment by di5th1ed ptt)n8 are always fully consid¢rt b¢vin8 in mind the wjtitth of the applSc4nt eoncemed. In the event of members of $taff beeominB disoble4 evay effort is made w ensure that their etnployment within the charlty continues and that lh¢ appropriate trnining 1$ ananB¢d. It is thc Folicy of the chlty that th¢ trainin& cDrter developm¢n¢ and prorn(Aion of disthled Frsons should. &s f•r 1b be identica] to of o¢h¢r ¢mploytts. Aehlevement$ And perfornunee Th¢ r¢$uli$ for the year are set on py 3 6. FlnaTrclal rtvlv Th¢ results the yeor are srt out On Pg8¢$ 3 6. Th¢ trustees have 889esged th¢ nwior ri5kn to which the charity 1$ and are satisfied thot sy¢m3 are In platt io miliM¢ expcéure to the major risks.
YIEWSLEY & WEST DRAYTON COMTrTUNy ASSOCtATION TRUSTEE'S REPORT (CONllNUED)UIYCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 JANUAR Y2023 Strue¢ur% governDce md m#ttigem¢Thl The trustees. who we also the dire¢tOTS forthe puryw of eomp•ny law. served dwing the year attd up to the date of $i8natLn of the financial stytements werv. Cllr S Ahmad-WatlwJ# R Egleton P Harvey J Davies CIIT A Dtville Cllr J Dunwh Kathy Chter James Cantwell A Deville (ResigrKd 27 May 2023) (ReSId 27 W 2023) (Resi8vd 27 May 2023) (Resi4 14 MAY 2023) {Appoint¢d 18 May 2023} {A&ynICd 27 May 2023) The trust deed$ provide for six tnjstw of whom the committ¢¢ ¢leets three and the local thOrity apints three. There is also a Managemmt committee which is ¢l¢d¢d by the membus the AnM G¢nero1 Meetin8. The mana8¢ment committ¢¢ overs¢a th¢ day to day numing of the ISl8t10 while th¢Tr hold the propty. Non¢ ofthe trusteei has any benefieid interest in th¢ CompY. Thus no tntytee 1$ ranUner& or draws expen%9 from th¢ A9514tion. Goln8 eoDcern This year the ac¢ounts hAve slKswn a loss. due to th increase ¢xpenses in dtAtIon gnd matnterwice replirs of the buildin8. The Charity still has 5yffient workin8 W>it. The truses of the opinion that the or8anis&tion is still oin8 concern as the buildin8 is in A gwd state and bookin85 for the hails have Incred p)Jt refurbishment the works are n¢ar ¢ompltion the costs will rnlweto simpl¢ rtpaits for upk•>. StAtem¢Dt of Trugtee'i reSt1b11tl Th¢ trusrees. who are also the directors of Yl¢wsley & We# Drnyt Comrnunity As5Wi4tiLffi for the purpoJ¢ of company law, ore reSnSIble foT pr¢parinK the ThCe'S Report and th¢ financial stht¢m¢rts in a¢¢ord appli¢abl¢ law ond United KlnRdom A¢cirtuth8 Stand¥dJ (Unitrd Kin8d(th Genually A(epta Awow]titi8 Prn¢ti¢e). Company LAW requires the tru¢¢$ to prepaTt finan¢i81 statements for ¢xh finartial year which 8ive a tnje and faÉr vlew of the s¢ of affairs of the charity and of the in¢omin8 Tesourtts and applic&ti¢M of r¢sourv& including the income and expendiiiire. of ihe chlIable ¢(Pu1Y for that yor. In pr¢pHring these fitw?¢ial stat¢ments. the tru5t¢¢s ue required to". - select suitable aeKouThtin8 polities aThl then appty thcm conslstentty: . observe th¢ mdhcKts and w11P1t$ in th¢ Ch•rities SORP. . mAk¢ judgements and estimatss tha¢ fft reAsonable wJrt - s¢ate whether 8pplicable UK Aw)unting Stsnd¥ts have been followtyl subje¢¢ to any matttial d¢partUTes dis¢los¢d explained in the financia] 5tst¢m¢nts' and . prepare the financi stements on the going nCern b1$ unkss it is inapwoprie to presum¢ that the charity will continue in operation. Th¢ trusttts ore rwnsible for keeping records that disclose wtth rethon8bl¢ awura¢y at any tirne ihe financial position of the ¢harity and ¢nable them io en5UTe that the fin¢181 ststements comply with the Companic5 A 2006. They ar¢ also Yesponsiblt fcr safeguarding the as*ts of the charity and htnce for taking re&wnable steps for th¢ prev¢niion and drt¢ttion of fraud a1 oth¢r lrr¢sulariti. Audltor
YIEWSLEY & WEST DK4YTON cOMMUy A%soCTION TRUSTEE'S REPORT (CONTINUEDXINCLUDING DlliECfORSI REPORT) FOR THE YEAR EIYDED 31 JANUAR Y1023 A•dll•r DtsdoJxr¢ •el•f•rn*tl•• t•4•dl PHAf¥•y
YIEWSLEY & WEST DRAON COMMUNITY ASSOCIATION INDEPENDENfAUDITOR'S REpoirr TO THE TRUSTEES OFYIEWSLEY & WEST DRAON COMMUNITY ASSOCIATION Oplnlo We hav¢ audited th¢ fin&tal statements of Yiew7ley & W¢5t Dr8yton Comrnunity Assrtiation {th¢ '¢harity'} for the year ¢nd¢d 31 January 2023 whith ¢ompris¢ the stsiement of fuwiciaj activitic& thc balance sheet and n¢JtC5 to thc finanrial slatements, including significant x¢ounting wli¢i¢s. Th¢ finan¢iai r¢wwting fram¢work that h&$ been applied in their prepamion 1$ applicable law and United Kingdom Accounting Stsndards. including FIrla] R¢porting Stsndard 102 The Financial Reptylingstandordapplicable in ihe Republie oflF¢land (United Kingdom G¢n¢rnlly AtreN¢d A¢eountin¥ Pract11. In our opinion. the financial Statements: give a true and fair view of the 5¢at¢ of th¢ thartt#ble effilpwhy's affaits as & 31 Jgnuory 2023 Jd of its incoming resouTQ5 and application of resour¢¢& for the yetr then end&. have been properly prekwed in aCC4Nd with United Kingdom G¢neTrlly Acttptyl A¢¢ouniin8 Plet' and have bemtAnies Ad 2. B41ts for opffi#hJD W¢ ¢ondu¢i¢d our audtt Sn oc¢ordanc¢ with Intemational St8ndoYds on Auditing IUK) {ISAs IUK)) and applicable law. Our responsibilit1¢5 under those s¢andard$ •r¢ furthtr descriTr in the Awthiix's responsibiliiies for ihe of ihe ffinancifjl sittiemertis 8eclion of our report. We are indenI tsf the charity in accord8nc¢ with the ethi¢AI r¢quir¢m¢nts that relevant io our audit of the finartcid ststements in the UK. in¢lyding th¢ FRC'S Ethi Stand&rd. and we hove fvlfill¢d our other ethical re$ponssbilLties in aeeordanee with these wuirwn¢nts. We believe the wdii evid we have obtained is suffi¢i¢nt appropriate to provide & basis for our opinion. Concluglonj r¢ldng ¢0 foneern In &uditirt8 th¢ financirti swements, we hav¢ con¢lud¢d th&t the TTusth&i of th¢ 8oin8 COnM lsi# of &c¢ountin8 Sn the preparation of the financial stements is appropriite. Based on the work we h4ve p¢rform¢¢ h¢ not identified rnat¢rial UnrtmieS Tel1n9 to evts or conditions th individually or collectively. may ¢&st significant doubt on the charity's ability to c4)ntIn as a 8oin8 eA)nc¢rn for a F¢riod of le4St twelve months from when the financial stat¢m¢nts gre )rised ftir issue. Our responsibilities and the re5p)nsibilitiu of the tru#ees with resW to going con¢¢Th at¢ d#cribed in the relevont 8Ktions of this report. Other InformatloD The other infornu¢ion compriJ¢y the itiformation included in the annu the financial Jtem¢nts ow 8uditoes rert thereon. The art r¢w$ible for the other infornation ¢ontsine4 within the 8nnua] re. Our opirtion on the financial statements ttot cover the irther infrrfrnion and do not exp$5 any fonn of asur&ne¢ conclusion th¢Jron. Our r¢sTX)n$ibility is to reul the other infom)otion an4 in doirtg so. omlder whether the tsther infom)ation ig materially inconsistent with the financial sthtements or our knowled8e olAained in the Course of th¢ audil or otherwise appear8 to be MenallY misstated. If we identify sh m8t¢Tial irKon$istencies or 4yparent misstatemen we are required to deterniine whether this gives ris¢ w 4 matsrial misslatenI in th¢ financial statements themselves. If, on the work we hive perfom)ed, w¢ con¢lude that there is a material misstatement of this other inforniation. we are required to report th&t fa¢t. We have ncrthinglo repxt in this reR8rd. M¢t¢n whleh we are requlrtd to rtport by exttptl We have nothing Io T¢IK>rt in respect of the followin8 matters in fflatbon to which the Cl1¢1¢$ {A¢coutts and Reports) Re8ulations 2008 require us to rep)rt (o you if. in our opini(. th¢ inforn]ati¢)n given in th¢ financial statanents 1$ lnwnsiertt in any material with the Tnte&S rwt" or suffi¢ient accounting Tecords havc not t¢¢n or the financial Statements are not in a8Te¢ment with the Counting rwd5: or we have not received all the iDformgtion and exp]anions we rwuire ft*ow wdiL
YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION INDEPENDENT AUDITOR'S REPORT (coKfiNUED) TO THE TRUSTEES OFYIEWSLEY & WEST DRAYfoN COMMUNrrY ASSOCIATION Re8ponsibllitie$ of trustees As explained more fully in the statemmt of TnLrte&s wsibiliti4 the tr• are also the d]rtorS of the charity for the pry¢ of eomparty law, are responsible for the preparation ofthe financial statements and for ixing satisfi¢d thkt they give a true and fair view, and for such internal control as th¢ trwsttts detrrn7i 1$ nwx55ary to enable the preparation of fiDanciAI ststem¢nis that ar¢ fre¢ from Materi misstst¢m¢ni wlth due to fraud or eTror. In pryring the finan¢ial statements, the triistees are Tesponsibl¢ for &%ses$ing the charity's ability to e4Mtinue as a going concern, dts¢I(Lqin& as applicable, matters related to 89in8 eoncern and using the going concern basis of xcowJ¢ing unless the trustees either intend to liquidate the charithble wmp¥ny or 10 ee&qe operntion& or have no r#listic alternative bjt to do so. AudIt05 responilblll¢lu for ¢k¢ #ndit of the sttem¢nts W¢ have been appointed #s auditor under section 145 of the ltieS Act 2011 thd rewt tn ance with the Ad and relevant re8ulatti)n$ m¢ or hAvin8 effe thereuth. Our objectives we lo obtsin reasonable 8ssuronc¢ whether the fina181 statements as a whok are free from materia] misststemenL whether due io fiaud or error, and i55u¢ an audi5 re[ tha¢ includ¢s our opinion. Reasonabl¢ usurance LS A high level of &5suranee but is & Buarant¢¢ that an audit ¢ondu¢ted in x¢ordance with ISAS IUKI will always detcct material misstatement when li exists. m1$alents can arise from fraud or uror tre con$id¢red mat¢rial if. indLVLdually or in the ag8r¢8ate. th¢y could rcasonably be ¢XFded to influen¢¢ the ewiomic decilions of users taken on the basis of these rinan¢ial $tatemeTIts. The extent to whith our wo¢¢dyr¢$ 4re eapbk of dete£tin8 irr¢gul#riti4 ItKIln8 frou4 li d¢talltsJ below. A further description of ow ttsponsI1IitlC3 15 avAilabl¢ ott ihe Financial RepJrtin# Coun¢il'J websits . httpsj/www.fr¢rl.llk1 audiiorsresponsibilities. Thi5 d¢seription fornis pfyrt of our ouditoes reporL This rt1 is made solely to the CpY'S member& as A body. in &ttordane¢ with se¢tion 391 ofthe Companies Act 2014. Our iudii work has b¢¢n undertaken so that we might sw¢ to the CompY'S members thoye matters we are required to $tat¢ to them in an •udito¢J report and for no er pUry. To the fullest exta pemitted by l&w, we do not acw or &4swne responsibility to anyone othtt than the compHny And th¢ eLmpany's members as a tThly. for our audit WOTk. for thi$ report, or for the opinion$ we have fonned. Mr Divld John Hunter FCCA (Settlor StstKtory A•dlt•r) for •Dd on behifofD E Hu•itr iJmiie41 Chart¢r¢d C*rdllod Aeeollntsnts Ststutory Audltor 2 Salisbury Clote Wokingh Berkshire England RG414AJ
YIEWSLEY & WEST Dll4YfoN COMMUNITY ASSOCL4TION STATEMENT OF FINANCIALAcfJviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNr FOR THE YEAR ENDED 31 JANUAR Y2023 2023 2022 Not Donations and Icgacies lJ56 28.320 Bin80 Membenhip ftts L¢ttin8S Job Reteniion S¢heme Other in¢om¢ 1.804 309 118,861 765 382 83,158 14,451 38,765 8.976 57 66.620 250 476 Donations and fundraisin8 Bank interest receivable Tothl Incgme 170J28 194.422 Charity admini$tratiCrfL ¢XPtns S8larie4 oKurity and p¢Mio1¥ 76J41 63.333 128,064 Tot1 ¢hArltabl¢ expendtt•r¢ 188.053 191 J97 Net (exp¢ndltsreyIDeome for the yttrl N•t mowtmtnt In fvnds (17,725) 3,025 Fund balonrx$ at l F¢bnwy 2022 262,170 259.145 Fund it 31 J•uary 21123 244.445 262,170 The $eMent of flnaTKlaJ aL*vllleg Includes all 8ilns and losse5 rec15¢ In the yew. All lttcome and expenditur¢ deriv¢ from continuin8 1¥111¢$. The statement of finAn¢iat 4¢tivities also complies with th¢ r¢¥wirements for an income and under the Companie5 Act 211)6.
YIEWSLEY & WEST DRA commu ASSOCIATION ASATJI JANUARY2023 Flud am 257071 260J94 1919 i&tsT2 4.510 35.156 40366 14 (342IT) (31790) (13326) 1.576 ZM.445 20L170 IA¢•m• f•a& 244.44S 261170 244.445 261170 oompmki r¢Rkn•.
YIEWSLEY & WEST DRAYTON COMMUNTryASSOCtATION NOTES TO THE FINANCIAL STATEME FOR THE YE4R ENDED 31 JANUAR Y2023 A¢countiD8 politlt8 Ckrlty In(0rn18tlon Yiewsley and West Drayton Community Aswiation is an uninwryK>Tated charity, No. 0303087. The restered offi¢¢ is The Ci)mmunity cel HaM)(d$WOrth West Drno Middlesex, Gre Btitsin. UB7 9JL. 1.1 AttouDtIDg eODveDtlon The finwcial statements have be in with the ehtrity's trust the COMPleS Act 2006 and 'Accounting and ReportinB by Chariii¢5.' Ststemeni of Reo)mmended Pra]r applicable to ¢h4rities prepaNn8 their accounts in WCOTdan¢¢ with the Firwicial Reporting Stand•rd applicable in th¢ UK and R¢public of Ireland IFRS 102) {efftctive l January 20191.. Th¢ ¢h•rity is a Public Ben¢fii Entity as defin by FRS 102. The chHrfty tak•1 thte8C of the provisiom in the SORP for ¢h•rities applyin8 FRS 102 U]xlth Bulletin I not to prepare a Ststemenl of C&%h Flows. The fiDaneSaJ $eMentS are prephred in sterlin& whith 15 the fillKtioJM] curreno of th¢ chtirity. Mon¢tary 4mounts ill the8¢ finart¢ial statements ar¢ rowlded to the thear¢si £. The financial statements h•ve kn prwred the historicHI ¢mventioL The wlnelpl coUntIng 11¢1 adopted are sel ou¢ b¢low. 1.2 Golng ¢ortt¢rn At time of approvin8 the finoncial the tnjstea have a re&80rthble expe¢ia¢lon that the tharity hos •kquote resources to wntinue in ¢)perntional vistenee for the foreseuble ttt. Thus the In¢¢5 rmtinue to adop¢ th¢ 80in8 eKJncem bAsis of %countirt8 irt prewin8 th¢ finonciai ststrments. IJ Charitabk fv•ds Unr¢stri¢tthl fvrhds aye avalloble for th¢ diocretion ofthe in fiw11K of their ¢haritknle objectives. Restricted fund5 aT¢ subjea w slf1¢ conditions by donors w t¢ how ITrKy may b¢ uJ¢d. The purposes and y8¢$ of the restricted fundg are set out in the no¢¢9 to the fina1] Sthrcmts. Endowm¢nt fund8 are subject to wific ItionS by dLWfS Iht wlitsl must be mointhined by the ¢hority. 1.4 Ineome In¢ome 15 ¢)gnISed when the ¢hority is le88]ly entitltyj to It After any wrom1ce conditi9 have be¢D met. the aMJnts be measured reliably. and h is prob9ble inc4)me will be r¢ceivtd. C&8h donations ar¢ reco18¢d on rK¢ipt. Other donatio are rt¢08niwJ otKe the charity has beert notifKd of the donation. unless p¢rform8nc¢ condition5 re4uire deferral of the amowit. Inrne tax re¢overable in relation to donationg T¢¢eivrJJ under Gift Aid or deeds of covenant is rwised the tirne of the th)natio Legacie5 gre rtywised on rwxipt or otrKnwis¢ if thE ¢hrity hos n¢Xifjed of on impending dtstribytion. the amount is known. and rweipt is exp#¢d. If the amount 1$ know th¢ l¢w is tmted as a &)ntin8ent asse¢. 1.5 Expendltore The ¢haritable incom¢ is hcld in and urwrskn¢ted fvnd. The ¢haritsbl¢ expenditure relates to the unrestricted funded expenses uscd by th¢ eharity to maintsin the chariti¢5 18nd and buildings to enable the clwÉty to w out ivs charitable Ttivities. Other exp¢ns&s are 8dministr*ion exlse5 in the running of the chartty, are a]so unrestricted fiinds.
YIEWSLEY & WEST DIL4YTON COMTr[uM ASSOCIATION NOTES TO THE FINANCIAL STATEMENfs (COIYTINUED) FOR THE FE4R ENDED 31 JANUAR Y2023 Atcountltsg pollcl {Continued) IA Txnglble fixed auets Tangible fixed assets gre initially meLsured at C05t sub5equffitty meAsure41 at c4 or valuatioo net of deprKiation and any irnp4inn¢nt lo>4es. D¢preci4tion 15 rtr0gn1s so u to write off the eAJSt or valuation of a5%ts Itss their r¢sidual vglues over their useful lives on the following bas¢5.' Land and buildlnms Plant and machinery Computers Not d¢Wlal 25% lUcIn8 b 33% sts#i8ht line The ]n w10gs arisin8 on th¢ disp of #n 1$ d&erni1ti ts the difference brtweth the sale Pr And the ¢4rryin8 v8iu¢ of the u8eL and is rewixd in the ¥tsiaMit of finKial xlivitie5. 1.7 IMlment of flJ¢d Mets At eath r¢portin8 end date, the charity revie¥vs the win8 wnounts of its tsn8ible assets to detennine whether there is 8ny indication that those 4s5¢15 h#ve suffered an impainnent loss. If Y such indication exists. the re¢iJv¢Tble amoun( of Ihe asset Is estirnated in order to d¢miine the exwjt of the iMlMl loss (if any). IJ Ca•h Ind t••h ¢qulvlents Cash and cash equivalenis include tath in depmits h¢kl * ¢•ll with otrKr slHJfvtryTn liqyld Invtsthlents with ori8inal mllrItieS ofthree months or l¢$& and E•nk overdTalb. B•nk ovffdrafts are shown withirt borrowin88 in ¢utt¢nt liabi1Sties. 1.9 FlnAnclal InJ¢rumeDts The charity has ¢l¢¢ted to appfy the pvovisirffls of Sedion 11 'Bui¢ Finoncial Instntyn¢nts' Section 12 '0ther Financial Instruments Issue5, of FRS 102 to all of its finw¢iai itistrwnats. Fill¢1a1 in8trum¢nts trt rwnised in bAlaKe the¢t wh• the ¢hvity b¢8 party to the Contrt81 provislons of the itiStrLth?enL FInart¢1 8&8ets ond liabilitiu offK with the net Amlwnts preseffited in the fInCial statemenW wh¢n there li a I¢KJlly ¢nforce8bl¢ riRht lo xt off the Teco8nis¢d amounts and thert is an intention settle on a net basis or to aliSe the asset and settl¢ th¢ liability s1multsttU3Iy. B4slcfllloRclolouets 1C financia] assets which include det*ors arKI (ash and b8nk bAlances, we initially me&8ured * tronsactlon price including tr#nsaction cc6ts and att subsequently wri¢d * amortised cost using th¢ efknive inlere5t m¢thod unless the arrangement ¢onstitutes a financing transactior4 where th¢ fr8Asaction is measur1 at the present valu¢ of thc firtur¢ re¢xipts discounted 8 market of IntrresL assets ¢lassifid rccclTlC within one ycar Th)t
YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTLS TO THE FINANCIAL STATEMENTS (cOlNUED) FOR THE YE4R ENDED 31 JANUAR Y2023 Accouttting pojieles (C•ntlnu¢d) B&%ic financial liabilitie& including creditOf5 ond bank loans or¢ initialty rteognised at trapsa¢ion price unl&ss the arrangement eonstitutes a financing trsTLsxtion. where the debt InstnTrt i$ measured at the p[rt va]ue of the l)Jiure paym¢nts di$nt¢d at t mtrket rate of int¢resL Firt81 liabilities ¢]a55ifi¢d as PAygble within one year 8JY not amortised. De instruments are sulMequ¢Dtly trIed at Am(fftised c05L ysiD¥ the effedive interert rat¢ methtyl. TTadc creditorn ¢ obligations to pay for 80(th services that have been wuirtsj in the (wdinary ¢4)urse of OFtrations from suppliers. Amounts payobl¢ are classified &8 ¢uffent liabilities if pyment is due within one year or leM. If noi th¢y 8re presend os rkonry¢UTrent liabilities. Tr¢ Credi[5 we reco8nised initially at transaetiort price aTrJ subwuentjy measured al amortixd ¢ost USI the thiv¢ int¢T¢St method. Derecoznldon offin4nddUé14Ulla Flnancial liabili11 derecwised when th¢ thrity's obli8atioM expire or are dischged or c4ncelled. 1.10 Employee bthellts The cost of any unuged holidty entidem¢n¢ 1$ rwised in the wiod in whi¢h the employee's xTri¢¢s ue Jyceived. Temiination benef are t¢eo8nlsed immedwly &$ In expense when the tharity 1$ dunonstrabty to t¢miinot¢ the employmentof an employee or to provide miiMiion bettefi 1.11 Retlrtme#t ben¢llts Ptyments to defined contrlbudon rtdr¢meM benefit •r¢ as an expens¢ Js they hll due. Crltleil •d Judgewl In the application of the tharity's fc(4mtin8 poli¢14 the trust¢¢y art required to mth Ju£men estimate5 and assumptions about the earrying amount of gssets and liabililie5 are not readily apparent fr(m other sources. The estimates and as9xiad umpi10n5 8r¢ bued on hisriCal ¢xp¢rienc #NJ oth¢r ftorg th8t are o)nsidered to b¢ levant. Act] results may differ frnm theae e5timatss. The thSmates ond underlying wumOions are r¢vi¢wed on an on80ing b11. Revisions to xwun¢in8 esttmates are TOniS irt tht period in which the •stimot¢ 1$ revised where the revision aff&ts only that periLd. or in th¢ pulod of the revision and fUre pttiods W¢ th¢ rtvision affects ith ¢urrtmt and future wi(Kts. JYoDtlonJ and leRa¢l 2023 2022 lJ56 2.041 26,279 1.556 28,320 10-
YIEWSLEY & WEST DRAON COmMUm ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {CONfINUED) FOR THE YEAR ENDED 31 JANUARY2023 UnRJtTlcted Unr#trleted nds ruDd8 ernl g¢n¢rAI 2023 2022 Trading xtivity income: ottr*r 8.976 250 11
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YIEWSLEY & WEST DRAON COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUAR Y2023 Bank Intert•t r¢¢dv•lA¢ Unrtstricted Uthr¢ritted fundi eral 2023 gener•1 21)22 Interest rec¢ivable 57 476 Charllable aetlvl¢lu Chirlty Salarfe4 •dmIntstrtiotth1 setmrlty Tht#l 2022 2023 S1c0sts rkpreciation impirnient wer rates InSUrCe 98.775 11737 94775 11737 4378 S,589 17.945 29.875 1.025 2.077 4.907 1,845 3.045 955 1207 3.453 240 15,923 4J45 1756) 14.530 23.006 2217 2.856 3.968 1.409 3.045 565 4J78 5.589 17.945 29.875 1.025 2.077 4.7 1.845 3.045 955 1207 3.453 240 Ll8ht and heat Repairs and maintenarLce Prlntln& postw Ind ststionery Télephon• Sundry Subs¢ripiio Audit f¢¢s Bank ¢hu8 Bk loan interest Legal and PTof¢sslon Advertising and fvnd raisin8 costs 7.660 468 76.541 188.053 191,397 76,541 188.053 191J97 by TNd Urtr¢strictyJ funds. 8eneral 76,541 188.053 76.541 188,053 For the year ended 31 Jrt•*ry 2022 UThres¢Nd fun&8- 8cneral 63J33 128.064 191,397 63J33 128,i¥A 191 J97 13-
YIEWSLEY & WEST DRAYTON COMMUNrrY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FE4R ENDED 31 JANUAR Y2023 None of th¢ trustees (or any Frsons CeI&j with thcm) re¢etYcA any or b¢fits from the charity during the yev. Ernploy The average monthly nurnber of ¢mploytts durin8 the yeor was.. 2023 Numb¢r 21122 Nuthb¢r Employment 21)23 W4ge5 and saiaries Sociol security ¢05ts Other pension costs 91.743 .268 5.764 106.101 6,040 98.775 112,141 There weff no employees whox annwl rmynerntion more thon £60.CwX). 10 ThxtloD Th¢ charity is exempt from t&1 on income and 84itts falltn8 within section 505 of the Thxe5 A¢t 1988 or sectton 252 of the Taxationof ChaT8¢abl¢ Gains Act 19)2 to the extent thot th¢se 8r¢ 8pplied to its elmritable objts. ThnOble fixed a•MI• Co•t At l February 2022 AdditiorL8 219,949 47283 3.639 928S A174 276.517 9,813 At 31 January 2023 219.949 50,922 15.459 286.330 1)4>recltlon a*d Imp•lnnMt At l FebnJAry 2022 Depr¢ciatÉon chwxed in the year 11175 9.166 3.748 3J70 15,923 12.736 At 31 January 2023 21 J41 7J18 28.659 Carrykn8 #Dl•lllIt At 31 January 2023 219.949 29.581 8.141 257,671 At 31 January 2022 219.949 35,108 SJ37 260,594 14-
YIEWSLEY & WEST DRAYTON cOm[UNITy ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (coNfiNUED) FOR THE YEAR EN])ED 31 JAMJARY2023 12 Debto 2023 2022 Amounts flllng due whhin yur: Trade dthors Amounts owed by &ssLxiate unthrtski Other debtors Prtpaym¢nts and iTYA)me 326 2.844 910 1.683 394 1264 1919 4JlO 13 aDd overdrnfts 21ll3 2022 Bk lo•n$ 31.668 PAy4bl¢ wlthin on¢ ye 31,668 Included in trade creditors is the Oovemment BowJ¢¢ Btk Iwi r¢p•yabl¢ 3 yegrn. 14 Credl¢or•: falllng d¥e wlthl# •*• y• 21123 2022 Bank loans Payments received on account Trade L¥editors Other ¢rcditors AnlS and deferred income 13 24,(NXI 3.800 1,829 1,543 3,¢MS 31.668 3.630 (411 488 3.045 34,217 38.7 IS Truste Dyring the prior year the Board of discssed the ongoing miintetwKe of the Community C¢ntr4 The initi itrtettti¢)rts were to employ * Maintenw¢8retaktr ¢)n a filll lime b&sis, however. it was r¢solv¢d that the financial implications would have a bearing on the oixrations of charity, as a lUtIOn of the TruslEe5 Put hi5 company forward to corry out any remediat work cTrwging c05t of m8tcrials In agreed rate per IKJur for work done. Th1$ was unanimously agrwl wth thr B08rd of Tn. 15-