BROXBOURNE IG LOCAL DIRECTORS, AND TRUSTEES, REPORT AND ACCOUNTS FOP YHE YEAR ENDED 30TH JUNÈ 2024 Charlty number: 1107644 Company numbpr: 12055143 BROXBOLIRNE BIG LOCAL CONTEWTS Dlrtctoys, and Trust?es' Report Roport of the Indapondgnt EKamlner Statement of Èlnanclal Actlvitles 10 Balance Sheet 1q NotÈs to thg Account3 BROXBOURNÉ BIG LOCAL D.I.RECTORS' AND TRUSTEES, REPORT FOR.THE YEAR ENL)ED 30TH JUNE 2024 Th¥ liu&teé£ who are also dir¢clor$ of. the ch*ily.for the puip05es of the Companles.Acl 2008, present thelr ieport vAih the flhanGial 5talemenls ofthe ohallty forlhe year ended 30 June 2024. Thè trustees have adopted I"h6 provi8ions tsl Charities Act 2011, thè C(thpanies Act 2006, the Memorandum arEd Artlcles of Associalion, and Ac¢ounling.and RePDrtJtiQ by Charities.. Statement ol Rewmmeiided Practice .appli¢able lo charllies preparing 'lhplr finohtiÈl Glalements in aCCordan￿.w51h.Ehe FiBancial Rw.rtlny Sidndard appliciible in the UK. and R¢pyblic ol Iieland IFRS 1Q21 leffecllve.1 January 20191, .QUR PURPOSE AND ACTIVITIES The objÈGLg ofthe charity ?r¢'. To de.vÈlop the eaparily'and skills ol Ihe m*mbeTS o! soci8lly..'&ntS'.economieally iJisa(Iv8niagÈd community -of.8rox1)ourr￿ in surh a way thal..Ihey are b¢ller ablé to identify ¥rKt help meel, IhÈli.needs'and lo parti¢lpate [￿lY In soclèty: To r>rofflote for.the b.èhpflt of .Ihe inhabitrnls of Broxbaume.'and "the'.surrourKling.area the provision Df communily.lactlllies for rÈci_lats"on or"olhet leisuré titlia OcCupat￿n of IrKliiltduals who have need Lif su¢h tafjililles by reosiyi of Ihéir.youlh, age, Inlirmily. or"disab"lemetst,.'Iih2ttcièl hafdshlp.I 01 social.and ecoDomic circumstances or fcy the public al.larg8 b.y as$ocialiftg10gether'wilh th'e saitl inhabilaryls. and the st8tulory.aulhorilies, voluniary.and oiher ¥rganlsalioii .In.thb"inte:regts tsf.. Social. welfare dnd:'wilh !he':obje¢l"ol'improvifig"'Ihe'condil￿ft of lif& ot the said 'inhabi18nls. Aoliivvements arid Perfohnatic&' Broxbourrie Blg Lwal (BBLI wds etstabllshed tO.?e¢ure.Ih& 999~,.yeai lease of !h&.Community..Cènlre, wllh.a mls8lon lo continue th"È legacy of W.ormlÉy..'and Ytirnlord Bi9 Loe?i.IwfBLI. In O¢tObvr.2023,'1v￿ staff Jnembers Irom wfBL lyansitioned lo.B8L, taking on rcile¢.as14ead.ol Comrtsunily & P_8rtncrshipw'and Operalionr_ & Mgrktrtihts Manager. Thei*.efforts tocuson Ih&"long-term svstanabilily ofthe CoiiiniuDty.Gènlrè'arid,on expandipg BBL'S charilable impa¢t. 'Ihfough 3tralegl.¢.pa"rtnètship$, inclv$'Ne'.p.rogramn7ing", 9[￿ r￿{fI￿lIf51ty.:¢efttIÈ￿"1￿itso1l￿s., The staffs pdii)ary. locus has been It) o(illaboralowilh various organlsailons lo ensuie arcess lo BBL'&,programs lor vnder6¢fV@d populations, lrieludl ng.indiiilduals ￿￿th"diSabl1ILIes and Inose imp8cled by Ihe, risihg tost of"livSng. Tl3e. charity's. inilialives aim lo support. meiilal an"d-.phy$ical li*llh nÈ@ds, provide careèr-developmenl pathways. arKI osler volunteer opportunllies. A signiftcanl part ol this work h35 involved establishin9 policies.that contribule.to the Centre'5 gtovrth,. as well.as the creation ol an Impact Report. which has helptrd *olidity partnerships and strategic directions. BROXBOURNE BIG LOCAL DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 30TH JUNE 2024 BBL haye inthaled the start of a busitlÈ$S Plan In collaboration wllh the ch3tily, Cranlleld Tw8t..Thls."8ltst8gy amns lo outlln@ otir long-lerrrs'suslainabllily goaly foi the Community Cenlfe,. ansuting its ¢onllnLJed success.and abS1ity 1¢ servé o¢ir corrmunlly effe¢lively. Key A¢til8vement6:_ Slr8legic Paitnfjrships: Collabor8Upri& wilh Cominunlllés I'al, Cadent, H?rtroidshlfè. C¢inimunily Foundaliort, Pie¢iOtts Gh3rlly.. q.ryd_'B3 Livlng. ha￿ opened new lundin9 streams, enablinp"" DBL_to"offer a'rarige of'seryices, in¢luiJlfig energy SUI)k￿rt and benpfi'is advic8, 14eallh and Safely ,Fnh$n¢¢.m¢nl&.' With hlaltth fundlng Irtth, PH8G, BBL aequire(I,a Communliy iieflbrSllal¢r anol, laiJn¢hod firsl""aid Iraining.s¢s$ions in.p.&rinership W￿1h Hearts.fw.H'¢rts. Pru9Tams'._5uch as'Hp.art.8lart.8nd 8leod- Slop llalning nL)w pr(kvlde.lilo-savlry svills to hÈll.hlrÈi$ and.¢orn.munily.. moiiibers. . Youth and Corrynuriily En"g30@mÉnl:"É"BL toiillrtueg tO.SUPFyoit youth ¢nga9errièiil Ihroijgh ihé:"DJ.&'.MC AGadeiny,_ enrouraglng. oreahvily_ 'èftd pr>&jlive. aclivillè& .Ihal conlribvle.lo nienièl "'héalili and educational devttlopm4hl. A(Sditionally, Wartn Space Club5, such 8s.Brdakfas1 Club, Blue Mond8y FeslNtr Lvuth", aJJd'Btvn¢b.&"'804rd Gamea. have pr.o.vidpd InolysiveÈpaces'lor all ages.. Comrrivnlty"-Evenls.'8tid.lttillalivés BBL.'s Commiinity Cenlre has.become a.hvb. lor comrri¢"motaliiie-and educatioriÉl" evenls,, B"BL'"have hosted coNmeiliofaiive c1￿1￿UnItY everils., including D'Day B&acon.Lluh'llng, Great Big.Greèn Week lo promple envlronmental aviarenes% Ihrou9h our commuiiily allolmenl projEGt, Dr Bike s¥551tirt*,.artd Debt Awa*￿e5 Week. BROXBOURNE BIG LOCAL DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 3ofH JUNE 2024 Wé have12unched a volunteer.driye. '.¢tè31ing new volunieor rolés l¢i'address-IhE imm'￿1?1￿.. need fiif.SUPFDrt in maiiilaining Ihe.Wormley Community ¢eritre' and 'ils .us"orè, .a8 well .as",a54Ègting wilh':everi16 ..and :woie¢ts th'a! Gomplemsnl the efforts ol our.￿9 5taff'mertkners. The orowin9 demarKI ft>r WCC hall hire relleot¥ the success of these partner$hiPi arsd eveiils. Through,¢ollaborallon with thp NHS .and .other. ¢horib"es. we have brough! essenlial".health 8¢rviq¢$ to.the centre,". Including diabÈles .p:revEntioA piogramÈ, inental.heallh,counsellSng1 *Jiid.f¥tÉ) fillies$ closses 5vch.B5 Fo¢iier CyclirAg and'PllaiÉs. '.We'are also pi_o.ud'io c>l.b_e¢O￿& 8 Breo¥tt¢Èd'ing.'Friéndly Cenlre, furthef,enhancin9thè_siJPPOrt avaiL4bie.tofamlliè& Enha'nced.8ooking Syslein To slfeamllno CefjtrF oper&ti¢riS. BBL develope43 3 ¢uslomised"botsking syslem'for hall ienlals, irivoicin9, and payiiients. This syslem inte9r¥tes a pub5ie calendar Dn the BBL wabtsilè," maklnts i!(eagieF lor con7niu.nlly Inerribeis to %10y iriforTned aboul uptsx))ing.clubs anl Évonls. Trugtets Recrultsnent and GovornanttÈ In a bld.10 5trenulhen govefnance,'B8L"has tirealed a TIu51ee R*cfuilmeni Plan. including aM"irtl0r￿a1lV0".TWStee pack to allracl potential TTuslee& Swilh skills lo aid BÈL'S g¥o%vth..BBL'$ outreach Ihrough"pa"rtr)ership events ha8 enhanced yisiknllly and 2ngag?mwil, suppgiting this gtial. BROXBOURNE BIG LOCAL DIRECTORS, AND TRUSTEES, REPORT FQR THE YEAR ENDED 30YH JUNE 2024 CommL%nlty Impaat. Future Gtsal$ With over 4,000 poopk visitirig.Iho.¢owmvnity Geritre each'.year,'BBL h?8 fJUiISiK)ned" iisèll a$ a ￿lI￿.r&S0u￿e lor iesldenlB,.ronlinu#lly exPat)dlng It8 se(vice8 2nd culreach. Through. ttimpiehen8iV9 planning, p?rtneTshWs, 4nd incluslve pro9iamrniri9, BBL remalns d2dicaled lo'foslerlng an Inclutsl¥e, 6UyPUItIvè enviioiiinènt Ihatadrlre*se5 Ihe. evolving needs of tho BToAbourno ¢orrtthurtity. Thè ¢h8tity'"$ c(Jmmitmenl to1gng.term su*Lain8bilily ensur.¢s thai the Community. Cenlre will.conlinue lo""LE a fo￿[ polnl for Support, connoclion, and gr.owth In Ihe,ypaiÈ'ohea¢l. We.'h&*ie begun Phas¢"121lo!al value £.365k) ofa multi" phase eonstructlon.brojecl Ihalwill see the romrnvTrlty e¢nlie b'ecome fil for purpose arid. ￿'t￿lIdIr￿4 Ihal is suslainable."In"lerms of jocome. Phase 1.a ha5 been lully.IL>nd¢_d by wr9L' diid Ilie. Community Owiiership _Fisnd'and sees ari oxÉension to includ'e a"coMmertlal.￿ttthÈn to In¢reaBe. 'riiiai& hifo usage of Ih8.'cenlre. for larger. ftJncllon8, .rwf rep8lr$, .pl¥nl room improverrienig, bar and loyer imp.rovertèrils and a Te_GonfigLfralion of ihe toilEI lacilllies Lo Include an'accessjble WC and relurt)" ol.CLtrieRI facilities lo nwke it a more eppropdale space lor Quf usefs gnd Inciease Ihtt of tho rpnlr8 hy_soine of the in051 vulnetoblp. Phase 1b is a £1:3¥5,-034..PlQlecl thal.sees.a foy8r extension lo locrèase Ihe'barlcafé sÈa¢e,3yailable on a da51y bJÈis, fil.oul. ot..'Ihe comrrtÉrdal. kslchen, new.b'ar area antj plgnt r!joms,. and,pssocialed works to complelp Ihls oxteTnally.'Theso nèw fa¢illli8s w111 alljw th6.¢ommunlty.cenlFe lo qultkly siari lo build a'wmmer¢lo1 sl¥e8m.of i￿Ome with a Fx)spitality anohor"Ipllanl..who wll.underpin the ever-lncroashg ¢0519 ofclÈariln9 arid malntènan¢e slalf-as well as utilities. Publi¢ benofll gtAterrietit: In "shaping_.'¢NJr objeelives 'for...Ihe year.and Flannsng our a¢tivllle¥: thè 'iruslees have" COEisideftd 'ih@ Charily Commis$ion's""uuidarKo'on public bgnefil. ir¢ludlng 'lhe'guidance 'pvblio benelli:."ftinnirtu-ti C￿.a￿lY {P.D2)'. "Tho aGhlevenJe.nl¥ and.ac!Ivllles".abo"iie dèniofislrdle Ihe':piJbllc bonèfil_arysing Ib"ro￿911"thp'eh"#[1Iy.,.s aGllwliFJ%'. FINANGIAL REVIEW The StalemeTrt gf Finariclal Adlvilios $hLwood Ih¢oTftg 01 £437,108 (2023 -- 18S,72?I'and,dxpendllure of:£168,028 1£146.88811&s111iing in a nel surpliis of £264,170 {2023-. 139,834) for thE year 8nd reservos siafid at £3G7.850 (20k? £'103,6801. '1 hE hnaAtial-posi'liDri at Ihè yeat revéal&d" by.the Il*anve Sheel.sh(YAlO,n&t curienl"assels:(>r.ivorking capilal of £254,631 12023 £82,925). Th& Dei boDk value ol rixed assets heici, all al which are u8ed dire¢tly for ttliarilable puiposes, amounled lo £1P3,21 Y12023.-.£20, 1551, Prlnelpgl lundlng ¥ourcÈ"È. The prlncipal sources of fundln9 for Ihe year Rs summarlsd al Nole 2: page 14 and Nolo 3, p8ue 15. Th￿e iniii¢dle a dlverse ranoa of lundins Including_gr8111 aks from Womiley and Tiitnf(Kd Big Locsl, granls from Ihe, Merllordshiro Gouniv Couiittil'"HÈrtlord8hir.e ¢oiNmunily Foundatloii and NallonGII Lolléry.anl in¢otn¥ from thè hlro. of space at Ih8 C'oinmUnity..Cenlre. Tl)o chHrily intends lo buiki on Ilils fundlrig. diversily In'ft*lure years. BROXBOURNE BIG LOCAL DIRECTORS, AND TRUSTEES, REPQRT.(C.onVd) FOR THE YEAR ENDED 30TH JUNE 2024 Investmont Piiwers and pollcy Under.. the Memorandurn .8nd Artdes ol Assoctelion, the chariky. has tho power to nlake any iNvestmenl wh5¢h th6 Ititstees Èee-lil. Th'é.Iru51eès have ¢onsidtred'lh'e most approprtate policy for investin9 and havofound Ihal casti deppsits meet tboiy reqtiremenls'lo generate inconie. ReBÈNes polley The IrusteÈs consider It prudt5nl lo maintain 8n.8d￿￿ale level'of unr85tri¢led r88orves and: have set thls al the minimurn level ol three months expen"dilure. ThÈ.Iruslees consider that the Charity's reseriies Mqll enhdnc@ ilie seNicE8 offered and p"fc>vldé finaAGial secupity for the fuluro. A$ al Ihe year ènd aCC￿nIS showed reseNes of r367,84012023 - L103,6POI, pl ivhlch £308,10212023- 'È"j4.9151 w25 reslritsled. T"he Linrestrlclèd lunds nul d¢$lgnaled orinvèsled ih tangibl* lixod assels h'eld'by Ihe.oharily SFe £44,22412023'. £63,fj50}. .STRUCTURE, GOVERNANCE AND MANAGEMENt .. tsoverrtlng documknt Broxbouin8 Big Local'is regi3lered underthe c￿panIC￿ Act 1985 a&a ￿mp￿Y'll￿)1Ied'b'Y gu8t3nlep and'nol haviriu 'a capital.dwlde(t by'shares. The company Ivas- ineorporaled in .1ph Junè 2019 And Is a Feglslèred conipany'¢onsliluted as a lirriiled wirp8ny" under the Memor¥ndum"8nd ArtiGle¥ofAssocialion. Broxboume Big Local l￿181ered."J$ a charlly"74 January 2027,. The company. rÈgiatrailon number is.1.2056143 and the ChaTity. humbgr18 4 157644. 'Rocruitrt)ent.and appolritrii¥nt of:.tni$te¢S The Board oFTruslees have powèr to.4ppoint Èddition81.Irusleès ?$11.ttonsideis li*10 do so.. The.Iruslè&S'lrJ.ollice In thè year ¥r¥"¥et out on page 8. Tru5tee.'Inducllon ond tralning The Irustees mainlaln a good wrking knowledge."of cwity law ahd b8sl"pracllte by regular reading of.¢harily pregts. atlicles.and guidJn¢e wodu¢ed by'lhe Charity Comnijssion and othor Governinent attd voluntary organisalion aclvisory websiles..New truslees are givÈn copl¢s of p.revious minutes and attend an inducknpn session glverl by,an. ?xporienced.Truste&' -OrganisatiO Thè rharily is organlsed so ihal the trustees meel: wulaily to inariage ils operatlonal aDcI.finanop fiff.airs.. The: Irustees are rrienibers flom a variéty. ol ba¢kgrounds.With Telgvanl. p,. ofessiorial è%pe.TienGe. The charity 1,% &rale!*Jl lo Vloimely ?nd Tufhford ￿￿"[Otal for, dÈploying.slaff- ¢mp!oyed by ;il¥ trusted" pa.rtr¥Èr Cominvnily Alliance Broxbourne and East Herls (CABAHI"lo providg"exGèllertl trianagÈmènt, maln!enaTrGo_.' booklng,- ¢omffjunity devÈS0'prri¢ril.and promolional 2nd. markeling .$ervl&os at tlle "Cominunlly centre.and in the ¥l￿dar coinrpunily. The cllarity Ih3nks the.51aft als0. R&lated partles The ¢harily does not.hav,e. rol?lionships ￿1th relaled parties and oLher charlliès. and organ*sa!ions wllh which il co-" Oper81￿ in purs￿1.￿1 ils charsloble.ol>jeclive3.. 4 01 the Iruslees INoeil&'Blackman, DavKI Bjrip:y and:Slephen Parker) afe comr¥)unity p.artneTship members ol WBL, -.Itws'i$ b8causB.wfBL is thè unin¢orpor"aled.or9anis?.lion Ihat."51arted up BBU. BROXBOURNE BIG LOCAL DIRECTORS, AND TRUSTEES, REPORT {ConUd> FOR THE YEAR ENDED 30YH JUNE 2024 Rlyk Managemknt Tll"&.tsuslee$ havti Identlfied.Iho major Fisks lo wh￿h thè charily 58 expused and bell&v& tliat ltte"$yslèmB in pl8L* ere ad¢quole lo ml!ig?le Ih03¢ rs¥kg. Charltsble and pollll¢al"dtshatlons Dvrfng thp yeÉr.Ihe Gharity made no polilical or charllable donatlons_ REFERENCE ANIO ALIMINISTRATIVE DETAILS Ctsmpany nutnb¢r, 12QS5143 Gh8rity'numbor: 1l9?F.44 Dlrector& l Trustees . Noelle Jacque1ine.Bl#ckinan- Chalr Davld Mlchael Anclrew Bir18y Jeffrey John Allon- Appoinl¥d 0319812023 Stéphen Aridrthv ParkÈr Roglstarèd Olflce.. .Worm18y Communily Cenlfe Falrfi¢ld Drlve.. Wormley. BroxbDurn¢.,.Erolap_d,.EN1 D 6D¥ B?nk¢rts: CAF Bank Limlled, 25 Kings Hill AvEnue, Kings Hill, Wtsl Malling, K8nl, M19 4Ja Independont &X41niiipr.'gaiiiir.S"Iiali"F.'CA,'.ATII chartered Accounl4nls. Ramon Lee Ltd, 93 Tabernatlg,SlrèeL Loridun EC2A 4B Wèbslte: ￿¥￿.wtblgl0e?1.0i0.uk Tru$t¢es' resportslblllty slatemen The Tru$iè&$1¥4*D are a150 dlreclor& ol Broxbwrne Big LD¢¥I for the wiipose$ ol.compiny18wl are..re5porisible for. preparing the Annu81 Report and the Iinanttlal slalemènts in ac¢ord?nce with applicable 1*1 and Unlled Kingdom Iccctsnilng Slandar(f5 (United Kingdom Generally Accepl¢d A¢cotsnliw Pr?rlicel Includlng Flnantial Reporting standarin& Flhd expendliure for Ih?I perltid... In preparing IhÈse'.firiancial slalefflenls, the Irustoey are ieqiilred lo." sèl¢cl gvllable accounting policles and-thEtri apply them conslslenlll.- observe the.methods'and"prinThple$ In the Charities VPORP.. mJkg ]udy"Èn)¢nls and ÈsliMkl6s thal are reasonable end prudefil-. 51ale vihelhÈ( appllcabie LIK Accovnliny Sland81¢s have be&n folbwEd, tsub'je¢,I to any mèlerial departurès dis¢losed and ¢xplnined In the lin3ntlal slatemènls., propa¥e tho financlal slalen)enls.on'lhe.goin9 concern bggi£ unlpss..il is Inappfopriaie'lo preS￿l￿e that.lhè chaftidble ¢¢)mp3ny will wi)linuo if) biislnegs., The tr￿sleE* a¢ responsiblo for keeping proper acc￿lfillI￿ records th31 discloso with fe4sonoble.occuracy.ot.any liine the'finan￿aI posilipn ol tho charilgble company and engbb. lh￿M lo ensure tlial the liiianGlal slotempnls Gomply. with the Compaobs Aol 20Ch. They.ar8 also fesponsible lor 8aleyuardiFig the assgls ol the charitable coinpany.and. hence for laklng Feasonable slÈPts for the prÉvohlion deleelivn ol Iia(Id 8nd other irregvlarili@s. Th¢ Iruslees'are.'fesponsible for maiiilenance and Siilegilly of Ihe knoipoi¥le financi81,infoimaliDn inrlL)ded on th" chafil¥ble ¢(¥npariy's vi¥b8ite. Leglslauon in the UnilBd Klngdoni fjoverning Ihe pr¢parg11oo aad dissemit)alion of rinancial sl8lemefJ'ls'May differ frim legislallon in ()thèt luriÈdi¢llons. BROXBOURNE BIG LOCAL DIRECTORS, AND TRUSTEÉS'.REPORT {ConVd} FOR THE YEAR ENDED 30TH JUNE 2024 Thi5 ieppit has. beers prepared.in aoour.danGe With the sp¢Gial Flowslons ol Pari 15 of Ihe.CompaniÉS.Act 2005 relating to Small companles, Approved by order of the_.￿O&r(S of tru$!6es on 171h Febwary 2025 and sl'gned on Ils behail by; NOELLE BLACKMAN ICHAIRI INDEPENDENT EXAMINER'S REPORT TO fHE fRUSTEES OF BROXBOURNE BIG LOCAL I r8por.t lo, the trusle8s on my ￿amInatiOn ol Ih*.flnaricial "sts"tèmèrtiS of Broxbourne Blg Local. Ilhe charilable eomp¥nyl for the year ende£l 30 Juna 2024. This repertls made solely'to the charlly's ITusleè5, 35 a body,'in, accordance.with the Charliieg Act 20.11.. My work has been utKlertyken so tt3o1 l Mlghl stsle lo the chanly's Iruslees Ihose mallets l am required to*lalelo Ihoni in on indetiendent exaniirlefs report and lor no other purp(￿¢. To Ihe"tiiiie51 extent persi)illed by lsw, I do.riot aGcept'or assuin¢ respoiislbllily lo anyone olliei Ihart Ili¢ tharily gnd the ¢h8nly'ts Irusl*Ès as a body, lor my IndEpertdoNI Exdmin*l¢tin, ft)r Ihis ieport or for Ihe.op.iiiions I have formed. Respon51blllties and baslg Ot rgport As Ihè tru$itta ol'lhe charilable wmpany land also 118 dlreclors forlha puTp05es vlcompany.lgwl you ale responsible. for Ilie preparation ol the finaii¢ial slalemenls in accordgn¢& with the requiremenls ol thè Companlfrs Ael 2006 (the 20DS Aol), Havlng Satisfied mysell tho1.the financial slalemenls of the charilable'company ale not required lo be audi18d under Part 16 of IhÉ'2'006 Ael and aro gkgible for Independent examinatlon. I report in respecl ol my examination of IIIE fjliaillèble company's fiiiancial slalemenls cariled out undei secllon.145 of the Charili carrying out my.examinalion.I h?ve'loll¢Jwed Fll the epplicable Direclions given tsy Ibe Cliarity Cuinfflis5iori under s￿li0n I4￿5){bI of the 2011_AcL Indepgndent examlnor'B Stalement Sin¢¢.Ihe Gh4tlii& gross incorri? exceeded £25D,000 your e%aminer muÉt be a mÉmtÈr.Df a bc¥dy lisle¢.In seGtio 145 of Ih82011 Act. I coAtiim,IOBt l am qu81ihed lo knndptlake the gi(aminallon bec9uso l am-a member or ICAEW, which is onè ol"Ihe Ilsled bridles. I have compleled ￿￿'É￿MInall0n, I confirm that no matters have come lo my aitenloD.In.conneclloit wllh Ihè"": . e￿MIr￿all￿n oliiirig me cau5e.to belleV.e that in a.ny ma￿rI#l iéspeGI:' l. accovnling rec¢ir¢J$ weie nol kepl In res￿¢1,01 tFte Ghahlabl8 ¢oixpany as requlred bi 5eelion ?88 of ihe 2(KJ6 Act,. or 2. Ihè fitiancl81.#lJl¢riiènls do ntit.g¢¢ord wllh Ihose. re¢ordg,' 01 3. Ih"e flnancial slalemenls do nolcomply iiilh. the Èccounling reoulremenls ofsedioft'.396 tif the,2006 Acl glher Ihan any requlremenl that th? a¢counls glve 8 Irile and tslr view whlch. 5$ nol.8 maller considered as part ot an independenl £xaminallon,' 01. 4. thè firianclal.slaleni¢nts have noi been preparèd In a¢toid8nco with the.methods 8nd prin¢lplos of the $14lement ol Rerommende(S Pr8clicp fDr Aceotinling and reporting by ch?rilitt$ gppllc3ble lo ch8rili@8 preparing Iholi accounts in 9¢corikinc¢ the r.inanclal fiepoi'tin9 Slgndard applicable in UK gnd Repliblic of Irelalld IFRS 102). ' I have no roncerns an(J.havo ¢ome acrossno other mallers Iii conn¢rllon wilh.Ih¢ e4amlnalion lo which" 8tteiilK)n should.be drawn in Ihts rÈpor"t In order lo engble.a proper vndeislanding of Ih?"llnan¢ial'stalemgnis-lo t)8 reached. Samif 8h¥h FCA, ATII Ra¢non Lee l.td chartered Accounlaiil6 ' 93 Taberiiaclè SitsÈl London EC?A4BA Daled,. BROXBOURNE BIG LOCAL STATEMENT OF FtNANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2024 SIIMMARY INCONIE AND EXPENDITURE ACCOUNT .Untrestrlfjtèd Restrl¢ted,, Total 2024 'Total 2023 ¢r?nts and donaty'on$ .. IrLcorr* lioni Gharllobb act1￿￿èS InvestiYEnl infjoryv3 112,079 26,220 236 129 Totèl It)come 186722 Expenditiire Cost of raising funds ENje..ndilure on char!tabb"aGtiwtieg 7,952 155,039 T£s*al è*pèiidllure Net lricomp Iloxpendlturo) 146 8￿8. ¢?,0171 27J,187 .2fj4,170 Transfer. bpmtrn funds ' Net" movement In'iuhds. ' R¢)opI?cilltstloF7 of.'i!!nds Total fufLds. t>r%iughl foiward '.Total funds, ¢arrled forward 19,0171 .273,187 , 103,680 . 308.102 , 367,850 1 CONTINUING OPERATIONS Nt)ne.of th'e compa'ny's Aclivllies Vifsre acqui￿d or dis¢Ontiniied dufints the.?bovo two financial peri¢Jds.' TOTAL RECOGNISED GAINS AND LOSSES Th6 comp$ny has no recryriis¢¢ galtss or108ses otherlhan tho above ffltiv¢nenl'in funds for ihÈ above two financial pefloas. Th6'fjoies on pages 12 to 20 form'pa'rt ol Ihesg.3ttcounls. io BROXBOURNE BIG LOCAL BALANCE_ SHEET AS AT 30TH JUNE 2024 I Noies 2023 Flxed asset¥ TanglbÈ'awlg 20,755 Current asgQts. 11 .11,996 286,077 06D al bank and In h4nd 298,073 110,147 Llabllitks "Gredilors falling due wih in one year (33,442), 127,122) Net Gurrent a6¥ets Net assets. 193.680 "Unreslrlcted lunds: RèstriGled funds 13 Its 68.76S -3Q8,102 Toto1.funds 103.680 In preparln9 these Trnanoial slaiérhènls,, For.Ihe financi41 perl￿.Ended 30th JL¢ne 2024 the company was erilllled lo exemplion trom ￿u￿11 under sE¢ilon 477. Ctsmpanie".Acl 2008. No member ofiFie cornptjny has d&pusiiÈd cl tioliTr, Io Sg¢!lon 476,.fequirjng an 8Lidil OT these linariaial slaietiienls unrjei Ihe.requlremenls of Ihe Companies ALI 20C6, Tlie'direolors ack'nowleilge their re¥ponslE)ililies for:. O) er¥$uiitly Ihdl the ch0111ahl& cpmpany keeps accounliny recor(Ss that eDmply'wilh Seclioris'"38è Ènd'X87 bl tkp" C.pmpanles Act 20CE 4nd. b) preparlng atttsLriils which op4e..a true and fair view of the 8t8ie ot"affalrs,of the charflable,¢omp8.ny as al Ihe,ond 01 ttacli Iin2n¢i&l year of Ils sufpius or defi¢ll't¢r ¢8oh lirtancial yoar Sn ￿0(danCe with the !equirem?nls o Seclions 394.gnd 395 and.wliidi olheThvisa.¢omply wilh Ilie reqUiremeft￿ ol the Gompanies Act 2005 relaling to.. 8¢counl&, so f8r 2$ appli¢gble lo Ihe thgril¥ble comp¥ny. Thttstt-financial sl3l¢menl8 h4ve been prepa￿￿ In 8o¢ord?n¢e wilh"Ih¢ provisions applioable to companle8.subjeci' lo tho small companles, rogimewllhln Pari 15 01 th£ ConipanES Ad 2QO6'. Thpse financial sléletnenl8'Iieie approved by.the 2o4fd of Direolois"8nd 'fru8leeg on 17.lb February'"202J an¢ vior signéd on ils b¢hall by,, NOELLE 8LAGKMAN (GHAIRI Compaiiy humber- 1'205Sq43. Thé Aole¥ oh page> 12.10.20 lorm part of Ih&)¥o accounls. BRQ.XBOURNE BIG LOCAL MOTES TO.THE ACCOUNTS FOR THE YEAR ENDED. 30TH JUNE 2024 ACCQUNTING POLICIES Ba8is ¢if prypty-ration of accounts The fiiiancial Stalert￿nts have:tyÈen prepaie¢..in accordance with the charitable Gothpany's Mèmorandum and Artides of Associalion,-",Ih¢, comp.anies hcl.2D06:'PRS 102- Thg Financial Reportiro Si8ni4ard. applicable in Ihe UK and Rewbl￿ C¥[ Ireland, I'FRS 1n2'1 and tho Charilies SORP "Ac¢ounting Reporting by Ghwllles-. Statemen! ol "Pecommended Prtlice applicable lo vbyr¢lies prep.aiing their a¢¢(purtts in aCLord2nce with the Financial" Reporting .Slandard appliG0¥11?.in the UK and R£wbli¢ ol Iroland IFPS 1021" lÈffé¢tly6 1 January 2019}: Broxbourne Big Loc81 mpÈls the deflnition of a PLsbli¢ ￿nefit entity under FRS 1G2, T.hè fjinanGial ¥18iemenls ￿[e.prepartd ITr Slérling, Kthich l& the cuNency of the'charily. Monetary am(>unts it) thesefinan¢ial slalemenls,'are.fCTruncled lo Ihe neare¥t..£ Thu.a¢counls.Ilirianol&l siaiemen!s} haYe,pèen preparèd und@r !he.hi510rf¢al.wsl ¢onvenlioA with btems.r¢¢ognlBP at Cost or transad'ion.value unless ollievojise Slated iri Jhe_rfylevant notel&l1g.ihese accounls. Pr8paratlOD of aGrounts oh a uolng ¢oncern ba$l?. Th'e Chaiily's. FinanGial."Staiement$. show nÈ!.suiplug of.£264."170 tor tho y.oai and flèe ieseives of ££14,224. Thè truslees gre of':Ihe viaw Ihtsl these r&ults. hpve.?.Ècur¢d the immedi¢le fylure.'of the_chafity.for tho nèxt 12 Ici 18 monlhg 8nd on this basis the Charlly is o gtylrig.CDncern.. In¢ome."r¢¢og.nlllDn Grant inrome fjranls ale ¢rpdiled.to the aOFA.when.the charity is.enlillod tg.the fdndg: Inct>me is,only doler[ed..wtr￿r.e thera are ctinslrginls Imposed by the donoi or il ihe.fundifig.'is perfom8nGe.r¢laled: Wh&re. pnlillemtrnl lo,gran19 receiv4ble 18 dep#ndenl upon fulfilfftÈi)t of conditions within the.¢haritl.s'conl(cl,, .the 'Income Is.-réco9niseU Wh&fi Ihore is"suffiGienl..evidence that condilit)ns Ivill bè nieL tsranls supporting Ihe ¢ore.aclivttiÈs of tho charily ¢]nd willi no s￿Lif1￿ règlricltons placed.upon Ihelr use are Included williin".donaiions aDd'Itg.￿te1..Grants thal118ve $wcifiF re>lri¢lioDs_ p.Sa'ced. upon thoir usè ar@ induded:vii!hin Income Ifoin ¢h'arilable aclivities. "Capilg1'gf8nls lor'ihè purchase of fi¥ed assels"?re crediled,lo rtsstricled incoming resource8.un tho e'8rtier dat&..o! vhen tliey ate rec¢iveO or r6¢.etvable., Depreealign on Ihe"related fi¥ed assels"i5 Fh?rged,89aioxI the rè$irlcled"fund.' PonotÈon$ and.loga¢l8$ rk)naliong are recognis8d ifk.-Ih6.pe.riod in which they are re￿iVed.- Leoa¢y inco¥i)& is r.ècognised when tha tharity's -enlitlem'et)t ls"jydged lo be" wobable whttre Ihe"aDiounl can be reliably measurèd. ControCt.In¢oMé. lllGoine .'from charitablti activitiès. iF)cl¥¢Jè incom¢ recognised as.'Èafned las the. ielaied. 9oods and SeTh4¢E￿.￿re ovid8dl und8r.conlracl.. Room.hlre and seNice ch'ange Iiioom& Room hlro and $eryiee cli8rge inGonlÈ are credilèd lo inco¢iie In the year.in sthifjh they are rÈ¢elvabJe.. Invv8tment Incom Investment IA¢ome is included when I￿e*Va￿e. Iz BROXBOURNE BIG LOCAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3DYH JUNE 2024 Volunteers and donated sgrvlc8# 8rtd fa¢lllllè8 Donsted proles5ional servlces.and donated facilities are recognised 8$ income wh￿n the charSty lias Gonliol ovor ihe item, any. Gondllions associaled viilh the donatetl ileth havè bÈèh mel, Iha'receipt of economic.benefil Irom (he by tho charÉly of th.e itein 18 probable Jnd'ttsl ￿OnoMI￿ benelit can.￿ rneasE.Ired roliably. In accordanGe YAlh Ihè .'Charilio3 SORP IFRS 102},"Ihe gene￿1 Wolunleer lim¢ Èrè ncil rtrti)gnlsed and iefe15 to the tru$lees' gnMIMI report lor"Triore InfO￿allon about Iheir.conlribulion, On receipl, ¢onaied pfoiesslonal s?rvlces_'and donated facilities alè recognised Qin the basis of Ihe valiie ol"Ihe.g'ift.' io Ihe charity whlch 15 the aniounl ,Ihe chartty vKiuld hl)lioalir)n can be Measured reliably: Expendilvre is.¢lassified Lnder Ihe follow5ng aclivily headin9S.' .181 Co81 ol raislng con)prises costs of sekin9 sranls gricJ_.do#alions IhelT'¥5soci8lèd sUPPOrt ¢ts&lÈ. Ib} Expenditure on charitable a¢'livilies Incliide expp.ndliiiie asswiated wllh Ihe nialn obj&otliie$""of'..Ihe Gharily and include t￿th d'lrÈttls co&ls tllcl Ihttir assoclaled support cosls, Irre¢overabl& VAT"Is GharoÈd as a cgSt Mgainst th8 aclivily forwhioh the expondilure wa8 Inturréd:. AllocatlofiT of gLlPPOrt G￿lfj Sup.PDrt costs are Ihose fiin¢llon$ thpt asslst the work ol the ¢h8rity bul do not dirgGtIy utKlertake coanlable ￿lIVI11¢S, 'Supptsrt' tosts Includé . t)aCk-offI￿ costs, anij govefnan¢e cosls whlch supp¢)rt the Charity's p.rogramrries and aclivIII?s: Thptse'¢o$ls have beèn alloGal@d belwepn cA)sl'of"ralsing funds 8nd expor￿.1!￿re charitable actiwties. Tlie.basis on vdhich 8upporl.cos1s hav¢be"en"811ccalod are sèL oul in note-6', Funds stNÈture.: The gpnèrol lund comprlses those monies, which may bB ilSEd'loward"meeling the ¢harliable obl*Uves ol Ihe charily at Uie dlscrelion ol.the M8nogpment Bowd:. Thè ,resiricted.lunds are mtsnies iai?gfJ foi, ond Ihelr y$e resirl¢ied lo, 8'spetttfi¢ purwse or donations suliecl lo dpno! Irnwsed condiilDti5. Tanglbl8 Hxtd 4sset8 and depyoolation T8n9lblè ft'x¢d.ass'&is"?rè staled at..wsl18ss":depre¢ia140tJ". Iiidlvidual fixèrf a$Èels CD#llng'£5DO ar mDfo ?TO r?P_Ilali¥ed at Doprecl8lion l¥,proVitled al r&le¥ taltulaled to Wlile off.lhè cost or v#luaii¢Jn.ol lixgd assets, IdSS"Iho11'èslimaled résidual .1 v&.Iua. U¥E+r their elp￿le￿ ￿ServI liv¢.$ on Ih¢'lollowlDg b86¢S.. Lèagèhpld land and building Fix(uiè's,"'lillinqs & eqLllP'inenl .Dvei 50 years ..200/D on oosl Dgbtrjrs T¥aLlé an.d ollièr dEblors ar¢ recognised at Ihe sellleinenl ainoiintdiie atter any trade diseOLiiiI'orfered: Prep3ymenlg . ale yalued al the arno￿￿1 prepaid nel OF ariy tra4Jè.d￿sC0￿ntS due. Cash at baiik.#nd In hand C85h al b?nk.gnd In h3nd.1￿ludeS ca$h and shoit term Cash deposits,. IJ BROXBOURNE BIG LOGAL NOTES TO THE ACCQUNTS FO,R THE YEAR ENDED 30TH JUNE 2024 1,11 Greditor8'4nd prr*visloni Credltols an.d pmvision5 ale recogni$ed Ihh6re the cha1.iiy has a present obllgallon resulliny from.a past. evont that will probab.ly rÈSull.iti'lnè tran$[e. rol lunds to ? thlrd paTly and tha amount dLse'tO 5ellle theobligatioTr ¢an be measufed or èsts'maled reliably. tTedilor¥ and provigion¥ are no,rmally ie¢ollnsseil al their sellletAenl &mounl aller allow]ng lor any IradB disGounls duo. 1.12 Financial it)Strumonts The Twsl.only ha8-f￿nan¢￿81.tiSsels ghd Sltr)anclal liabilili.QB ol a Kipd Ihal qualify.as bsslc linanclg! instrument5, Bèslc financial inslrumei)Is are. inili411y rècoJnlsed- at trans¢io1￿l7 value 'erid subsequently mB4sured.at their séttlemeiil v8lue with the ex￿pIlo￿ Of bank loans.which are sub¥¢4uenlly measured el amortl8e(t cosi usints the"&llecliVo inl¢rèal 1..13 Taxation Th& Chari,ty is a r(igistered oharity and'_thÈréTor¢,' is rthliabte for lllcott)e Tax or Corporèlion Tax.on Income.d¢ilved frorÉi its ch#ritable 3clivlties, ay11 l?Ils within the v81ioiis exemptions aveilable.to.regislered eharille$. 1.14 . Judyem¢ot and"key'souroe$ of.e¥timatloh unce'rtAinty 5n.the applicalion of'.Ihè'¢h'arity's accounting poli¢ies, the charity is requlred to mike judgemenls, eslimates and &98LlffiPtions aboul'lhe carrying amouttl ol ass&ls and Ilabllltios th?t are nt)t readily app.arent troim ¢ther sources:.The Èstimales'and èsso¢lat@d assurnplions are based. on histari¢al' expgrienc? arid othei. faoioK$ Ihal 8rR.¢cJf*s!dered to idevanl. A¢lual iesulls may differ from the￿e astin)ales.. The-eslim8le8 and undèrtylN9'assut))ptlons Are reviewed on.an.ongoinO basis. ReWisioTris'lo gc¢ounling.ostlihales .'afè retognised in Ihe period In',whi¢h.Ihe"eslimale Is revised where the revigion affè¢ts.only Ibal pe,r￿d. "or ih the .poriod of the Tevt3ion,and fuiure peric*As wlitrr¢.Ilie revislon affeols knlh currenl and fului.e.period8, 1.,15 Cash flow ¥tatem8nt The Ghafily qualifi0¥ as a siiiall charity. and advantage has been lakert.of_the exerriplipn provided.,by' SORP.jFRS 1021 (Bulletin I publishecl.on"2.,Feb"m8ry.20161. T.hp,..¢baAly opted io (jiid Iidve, Ihereloie.'tiol included.a"cash.flow '.#lalenienl In Ihese linan¢lal statwi¢nls. GRANTS'AND DONAT.IONS Unrestrictod. R05trleted. 2024 2023 .Worrntey & Turnford Bl9 Ltseal via Comwnlty Atianco Broxbourno and Ea¥t Heris {Piemlses & Tran8i140nl .Woimley & TLirrilord Big Loc?1 IAa cO￿￿nIty Alliaiice Bro)bourne ati_d East Hert#.(FJuiidin9 Phr?se"Il .Dépailitsnt for LÉ¥valling-.Up,.FkJusltiU anL% Commiinlties". jBtsjklin9 Phrase 11 .'8roxboiirnÈ Coun¢ll . Donatton Worinley & T.urnford Blg Ltical Ma Coirnwnlty W.i'aJiG¢ Bro>*ourn& and East Her,15 . donatt.on In kind 57,7ts3 1 .50,055 348.174 112,079 111,955 112.07.9 2023 ROXBOURNE BIG LOCAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2024 The charity 15 gr8lfifvl Ic) Worrnley and Turnlord Big Local lor deployin# staff eM￿￿Yed by 114 Irusittd ￿rtner . CoMMLinily Atliance Broxboume and 'Ea$l. H8rl8 IVABAH) lo pruvidÈ management, sroln!en2nGe. bookin9, community developrnenl and promolloridl, and morkelin9 services al tilè Communlly ¢enl!p and in the ivid . wmmunlty."Tlie value placeo by CABAH lor tliegé s8rvKes aro iecognls¢"d wilhin.grants and as i￿pMe and ? corresponding ch?rgE IS iheludÈd viiihin direct and siippprt eQs15. INfOME FROM CHARITABLE ACtIVlTIES 'UnrestrlGted Rèstrlcted,. 2023 Cormiun1ty pro￿¢1¥. Gr&nI&"ai￿ o0171r4cls BroxbwmD Goun¢ll Cory¥nunities 1st i*iifordshire Cotymutilty Foundauon . H￿rtr￿dshira Coitiity.Councll Nallonal Louery 500 Prenl¥es hlre 50,.91& 1 5P,of66 745141 202¥ 50.92ts INVESTMENT.INCONiE Unrèsirlcto'd ' Rgstrjctod.. Fuiid8 Inlered.'on cash doposil& 236- 23 12.9 2023 129 129, 15 BROXBQURNE BIG LOCAL NOTES TO THE ACCOUNTS (ConUd} FOR THE YEAR ENDED 30TtrI JUNE 2024 ANALYSIS OF EXPENDITURE Ralslng Communty,; lunds 2023 Utslilli>s. clèa￿r￿ Repalrs pnd niaint¢nanto P.(emig*S in¥waTK& Gtt¥derHn9 trw.erses' staff cost (Seconded) '. Sesbiorial slaff 12,435 38 871 592 Depr¢ol8iion Le9sI prof6ig%jonal"costty. ' Stlbscriptions aEKS IIGen¢85 other.direct cotrl Support Gosts (l￿te 6) fnsince"costs {Not¢ 5> . 2,Q41 1,698 022_ 11a 967 146 888 2023 32,6fj5 14tJ be of.the £163,026 expendituré in 2024 {2023-£146:888>,, £68,019 vi¥s charged lo unreslricled funds12023- £26,851 I, and E99.,207 to rvs'tricled !unds,(2023- £120,037).. ANALYSIS OF SUPPORT. AND GQVENAt4CE COSTS .The charity inillally id¢ntilies the tos15 01 ils supporl luri¢llon- It Iheii idÉiilifi6s Ihose tosls"whi¢h rel￿1C-.10 Ilie goverrtance funcliDn, Goveri)ance ¢r)st$ ahd olh¢r suppo_rl costs are apporllortÉd separately b&iiveen.charil¢s"k&y 8Glivity undertakon Isee nolo 51 in Ibe year. All thu geneial 3UPPQrt aiid goveinan¢e ¢oslg'hwi¢.beon 4PPOrtioned" to tke various c"haril&ble.activitiey on Ihe b8si$.of clireol costs allocaled to.edch 3Glivity.' support fj(?V8rnanco. . Manageinenl ￿ admlnSsirall(?n stalf Isp_c(itxtedj ".Preini#es and pqUlptMn! c0515 'Coivnuruc•ion an(J.tfcosts L"ega131id pir1essio￿l uisis ,Sui¥lry w)eiTSes ", Wepf>n"El¢hi ey3mirw!lv￿fees 409 102.882., 65.485 5,4B5 BROXBOURNE BIG LOCAL NOTES TO THÉ ACCOUNTS Icontldj FOR THE YEAR ENDED 30TH JUNE 2024 NET INCOME I IEXPENDITUREI FOR THE YEAR 2024 -2023_ I m(iwn*nl"In fundy i* ¥hovm.13ft&r Charglrig.. Qkprecigtlon on tsrigiblts fixad a$selg ' lod¢pttndtyrit¢yatrlrtèi's fees ANALYSIS OF STAFF COSTS, YRUSTEE¥ REMUNERATION AND EXPENSES, AND Cost OP KEY NIANAGEMENT PERSO￿￿EL No staff were employed during Ihe y&8r and the pre¢edlng year. The ¢ommunily Alliance Broixboume and East H8rts providfjd seconded staff lo Ihe charity tolalling £88.23012023 £50.0551. Th? key managetnent'peisonn¢l.tsf Ihe Ghailly comose tn"8 Board of Trustees. . No INsleBS.have retteSvÉd any rÈmuner8lion Irom the charity 6urinu.thè year12023.¢NIII. No INslees receiv&lures, fillin9s & 8ouipm&ril Iob 8t7 ec -' Op*nirt9 Bal4n¢o5 Chit rgo Por Year ¢105117 Balances Dlsp.psa!s LDng Lea'ythold l#h(S &..b￿lI￿1￿9. ri>lur4$,.filllr¥J$ &."Qqtsip[[￿Trl 662 332 326 978 1.620 2.599 The loiig leasehold prO￿rtY'r&prQs￿1l1X the land and bLI'ikling Womil@y Cori)mtJnily.C&nlre and th8 car park." The. property was leased lo Broxbourne Big Local from The Cou'ncil of tho Boiough.of Broxbourne on a 999.year le4Be and the chaiity 1$ comMi￿￿d lo.runrtittQ the property as ? communlly cenlro. ROXBOURNE BIG LOCAL NOTES TO THE ACCOUNTS (ConVd} F.QR THE YEAR ENDED 30TH JUNE 2024 DEBTORS r.otal 2024 1 Total 2023 GrantAnd rent4 debtors Pfepaynprtis . CREDIYORS". aFttounts falling duewilhin ot)e yoar 2023 Trade credilorG .. Othèr credilor AccTIIgLs Deferred Incorfte {note'151 MOVEMENT IN FUNDS Balari¢o at 01.07.2023 Balance ' at 30.06.2024 IncomF Exppndlture. Trahsl8rs. Fiestri¢led funds.. .Worrrloy & Tunitord Big.Local .ComnKinlty AJliance BroxbouTQg.8nrl ..worn￿eY & Turnlord Big Looal 114. on￿j171t¥ Allianc• Broxbourno..￿￿ ,'Easl HeTb.(BuikAing.Phr#5e 11 Dep?nmenl for,Le￿IlIng LW. kbueirig"": ' and'CotTYrnJDtlie¥ (Bui￿l￿g Phr¥9e .11.., .C¢)mnx6nities.Ist..' l*¥lEordshlie LomrrxJni61 Foundation .'Fbrtf(irdshire'Cdunty.Council National Lottery '.NaUong1 Lottory.-AwBFd&"for All ,BuikJlng Iniprovèn*nts tslal reslricled funds ._{10,17n, 165,000 (62.204). 102,799, 372 394 8,102 Unr¢&tricted funds '.Tolai funds. 103680 432.tgs 188 D26 867,850 BROXBOURNE BIG LOCAL NOTES TO THE ACCOUNTS (¢pntld} FOR THE YEAR ENDED 30TH JUNE 2024 Movoment In funds-.pmvlous yoar ba￿nCe at 01.07,2Q22 .lrtcomo Exporbrllture Yranster$ at 30.06.2023. Restricted furKIs'.- Wormley & Turnford Big Local Ma" Cvs'for Eroxbourne & Easl Fktls Arfiokl C&rk Atslomalion Bros1)oume Council 1421ttoidshire coM￿nIty. F.ound¥tio Pk*rttordshire County Co!In¢il N3tional Lollery Awards for All Buikling inyiroverrenls" Tokl re$lriGled fundy 1,455 1.009 110.95S 12,2501 11,180 2.200 14,260 13,197) 326 135.543 120.037 Unrestrlclèd fiinds 38,99U Tot81 funds 63,846 146 B88 q03.68Q DesGrlptlon, naturo and purposè of re8tricl¢d fundy: Woimley & Turnloro Big Loeal ' Reopenin9. felresh and relvrblshmenLofthe Commvnily Cen!re'8nd runnlng. cosls ¢1 Ihè Cun. munily Cenlre. Departmèttl for Levelling Up, rfwslng #nd Coinmuiilli&s18uilding Phrase 11- F.or Ih8_8¥tension 3nd "rÈfuiblslimenl olthE'.buildlng. "Communlll*s"111 _ W@wme sp.aoe as part ol the 'Wel￿e Sp8cE Networit" projeci in Hertfordshire and Boilfortlshlro, U1<. To provide suppori.",and resource5 for.'vulnttrable isolai¢d Indlviduals, fo¢usiTrJ on. comrrtunily.engagem&nl, energy $upporl, benelils advke,. ond digi181 inalu8i0_o programm85. B!DxboUrn6 Council - F.unding of £l.'ÈDI for He2llhy ¢¢tikpry 'classÈs on a btfdgel and £1.000 for the pur¢ha¥e of fuinltute'fc* Ihe ComNiunlly C¢nire, Hertlord5hl¢B Corrimunlly FDun¢alion - Hou8Èhold','Suppo.rt-G¢nl enablod BÈL- lo pr(ivide 8 Wafffj'space, breakfast Glub al Woffnley"CommuT7ily Cent￿. H8itlor%lshlfLI Courily tOdii¢ll- Prc>vlding posllive Atlirfili$s Iroè of charge in Ihfs local'area, sn a Lriis18dssJfe' 'space foi leenagei5.. Nalional Lolteiy - Tts itnprove facilities and service PlOVlSlDn Worniley and Turriford in OTder lo.'addFess anti-social b.ehaviour Und provlde a sale sp?¢e lor ICK￿11 young resldenls National LoltÈry.AKvards for An- l¥Jew sliaO,.bènblie8 &)d loLs1s lor.311olmenl uroup.,- Buildlrig impiovemenls- Communily centre buildin9 improvement costs. Baian¢e CafriÈd Iomard repfg$¢fJl*, undep¥fGi¥lecl ¢'o¥ts. DescflPtlon,-n'olu"ro aiid Purp_pse uf iinreslricled fuiids: Unreslyictod fun'ds;. ¢ener¥l lund"1gp.!esenls funds avallable.lo.spend al Ihe-discrelion of Ih"e tru"stees, ANALYSIS DF FUND BALANCES BETWEEN NET ASSETS Unrp5trl¢t¥¢.. Fui)ds'. RestrEcte¢l F(Inds 2024 Tawlble fixEd assels l.ruiienl assets 87.695 220.4a7 103.21è 264.631 308 102 BROXBOURNE BI.G LOCAL NOTES TO THE ACCOUNTS {Gontld) FOR THE YEAR ENDED 30TH JUNE 2024 ADoly$5$ ot.fuiid balanc85 b6iwe&n n•t g5$?ts- previou8 yttky Unrèst¥l¢tttd Rèstilcl6cI Total 2023 Tanglbtg fixed assels t rtu¥renl assols 1 Jf,640 DEFERRED INCOME 2023 8¢13r￿e broLJgiit forw4cd AnKJiin15 reèased from weMous.keriods' Arn￿￿￿nts déffèied In the ye -17,952). (5.463) Balan¢e earrSÈd forwur£J 6,D66 O¢f¢rfèd Income represents"£6 066 preniises lilre income rètteived In advancè tor.2'02"41202fj. 16. SHARE CAPITAL Thè company is cohslituled as a ttoinpany liniiled by quaranlee and does not have a shar?¢apilal I'ivldod by sh&res. RELATED PARTY TRANSACTIONS Fp110iYln9 relalso party t¢ahsacliort&.wer& in¢vrred during thè yÈar.'and préceding year wilh doso relaiiv¢y'of IhÈ trts51ee Noell8 BlgckFhan. The Iriistee5 obtainv¢ Ihr*¢ qtstsiès, "and Noelle 8IKkman 'did nol purticipall) iii the decisions rel%iliKIg to thèse trangaotlons.. Archiieclur31 services £fj3,27S12023- £9,839I"provlded'by.a comparly controlled cluse relatlve:. rour of'lhu: Irustees (Noelltt Blackman, David Birley, Slephen Patker and Jeffrey A116ni are comnjunlly parlnership èmbers ol wormley &, I'umford Big Lo￿1 IwfBLj, Ihtt v￿rBL Is the unlncorporaled iirgani5ation that Btarted up Broxbourne Bi9 L(>¢J. Thp wfBL deployed slaff employed by ils,trusled partiier Comniuhlty AII1&Ft¢8.Broxbc}ui'￿È' Easl. Herls.ICABAHI t¢ provlde managem'tti)I, Iniiiileiiiiii¢g."￿okIng, ¢ommunity development and promolioFTral ¥Dd marketin9 s¢rvice&'al Ilie Community CeDITe and in thè wider commuriily,. The iialue p.laced by'CABAH.for this donation iii kind:1& £57,'783 12023 £50,0551- I'h¢ WtBL o'¥ve tl)?Illy Jrant fundlrig. JI £189,391 .12023 .. £110,955), 18, CAPITAL COMMITMENTS. The ¢liarity's board of trustees have apQroved'Gapiial spendlng.ot £300,.795 lor the exlenaion'and f8luibishmellt ol Ihe Community Centre. 20