RECISTERED CHARITY N'UMBER: 1207582 Unauth'ted Financial Stalenienis rtheP 22 h 2024 to 31 Marcli 2025 Ark Ar¢ouDlarLCy Limittd Chartered Certified Accountant 56-58 High Street Ewell Epsoin Surrey KT17 IRW
Communi CIO Fin f he Period 22 Marih 2024 10 31 Matrh 2025 Pdge Report of the TTU51e Independent Examinerfs Report Staiemeni of Financi81 Activitial Balance Sljeet Note5 to the Financial st¢M¢n¢$ 0 tt) 8 Detailed SrateJDent of FIttanCi Aetivitie5
rt f heTr for the Period 22 Marcli 2024 10 31 March 2025 The trttslee% py1}1 their report ivith th¢ fin&ncial 5thlement5 of the Chanty foT the period 22 March 2024 to 31 Mar¢li 2025. The ttustees have adopted the provisions of Accou]iting and Reporting by Chariiies. Siaiement of Recommeiided 143cli¢e iipplicable lo chaiitie5 Ptepann¥ their aCCOLmlS its accordce will) die Fiiiwicial ReportitJ8 Standard applicable in the UK and Republic of Irelwid IFRS 102) letyective l JJuxry 20191. OBJEcfivES AND AfTIVITIES Objectives and aims The charity I'ihe CIO") was lestered on 22 March 2024 to revive a transfer of the assets, Itabilities and operations of the Hurst Green (Surreyl Cominwiity Asso¢iAtion Ir¢gssi¢red ehaiity no. 2727891 and to continue its work in monaging and r¢developin¥ the ¢0Mnity ¢¢ntre in Hursi C7reen, Sur¥ey. Arrwi8#rneDts for th¢ transfer remain Iii prtsxress ai the dtr Ihis Tepod agd 4re exrIed lo be conclu(kd In the near fiilure. The CIO'S objects tsre to further 01 benefit the re5idenis of Hurst Green. su the neighbouThood, wihout distinction of sel Sexll ori¢ntation, rae¢ or of polili¢a], reliLkiOUS or oiher opinions by SoCial]ng together the residents d Ilie local authorities, volithiary and other orgattisalions in a conirtJon elyort to advan¢e educalioii wtd lo prOlde fa¢iliiie$ in the ini¢rests of social Welfa tor reereaiion and leisure tsme OC¢YPalion the objective of imp¥oving the cottditiotts of life for the resident5. The community eeiitre provides a 52fe. flexible amd MElcoming space for use 9d hire by lo¢ people. offerin¥ a wde d affoidable rge of aciivilÈes with social and educationa] benefti. A pte-school and youtli elub, botl) registered cliarities themselve5, operate rythin the centre Ihe c£ntre is hired by group5 for exerLise, 4)orts, hobbies, parties, meetings, tt)usic festiva]$, Sho ad SO¢1 ¢ven1S. People of agex and ba¢kgroiinds are ihus enRbled to connect with others for recreabon. developing new skills, to talk and 10 me• This reduces SOCI isol&tion und loneline$5 And promotes inclusion, a swise of beiongIDg. comTllLK)ity Spirit and tngagemeni. Jodividu2Js mak¢ physic81 d menral health gains as a re&ilt. Fosterillg a giieaieT sense of cornmunity ni4ke5 Huts1 Gteen a 58fer and enjoyable place lo live for its residents. Publit benefit TheTriisiees have had rEBd to the guid#n¢e issued by the Chatity Commission on public benefit. ACHIEVEMCI Nf AiYD PERFORMANCE Chwiiable AttÉviies Whil¢ the Hurst Green (SU¥y) Conun1ity A550¢1ation I'the A550rkaiion I coiitinued to operaie the centre diiring the r¢1ft¥ penod, the CIO ¢xt¢nded tlie wvrk llICh the As50¢1abon had begun to redevelop Ihe centre and %thiGh 15 now IIAmed The Acorn Project. Wo have ent¢red inio a Grant Agre¢m¢ni with Tandridge District Counc1 putsuyml its which £120,000 has been set aside for Ihe Project An applicaiion for a furtlier grgni lo Fin9n coiisiruclion made to Siirrey County C'oiin¢il's Yoiir F.und Surrey and a decision is awaited. Work was undertaken Hrytli Arrhite¢ls And other profesgionAls to d¢velop a design and 2 public consultation w&% iindertfiken ith posilive resulis. full pllnlling ermis5ion (OT tht p)eCt wa5 i¢¢eiv¢d i# late 2024 FINANCIAL REVIEW Fiiiiin¢iAI p05ilioii Diiiin8 Iliis initial P(>rn8 penod ilie CIO rettived donations and graJil$ wthi¢h en2bled il lo hieet uccoitig adminislrahve expense5 relating lo ils existence and to pay proftS5ionRI fees to develop plans and obiain planning permissioii for the Acorn Proj¢cl These Professional fees have been capitiSed as thty wll provid¢ fuwr¢ economic benefil. Rtstives polity Iii anticipation of the transfer of Ihe orETation of ihe c¢nire io ihe CIO, the trus¢ees' policy is that WLr¢th¢ted ftmds not committed to or invested tn fiked assets should bp Jnaiiilained in a IJe of 9-18 imtsnihs of norm& oulLJoings Such reserves Are iiilended to de wqih unforeseen intertuption5 01 ieductiims in income, wiforeseen Fepairs w)d Inainienance and any ollr event wliich in ilie absen of Ilie reserves wiiild threaten the financi position of th¢ ¢harity or the seTrice5 which it Provides. Since that transfer h8d n¢)t o¢curiEd at 31 Mardi 2025, it is not considered helpful to express reserves ai that date in montlis of normal ouigkoiiw. Unrestricted funds iiot cominitted to 01 invested fixed *$5eis amounied 10 £2,888 al 31 Mareli 2025. Miese were cojisideied adete lo iiieel tlic costs of administering the CIO. th fiaiwice for the r¢dEveJopm¢nt b¢iiig promded from the Tcstricled fund and oiher aTiticipated SOUTces. P4gc I
Hursi Greeti Su ComiMunil CIO fort 2024 31 M 2025 STRucfuRE,COVERNANCKAND MANAGEMEwr Covei'ning Ihe Charity operat¢$ under a con%tiiutton wliich follo% the CliaTity Comrni5sion CIO Fouod8tots model w&s tnost reccrttly iipdated on 28 August 2024. Rt¢rnitm¢nt appoiotm¢iit of new frnstees TTusleB5 are oppoinl¢d by tlie tsiher Irusle. lliose iv]io served frvni 22 Mar¢h 2024 to the dale of this report iwere &s shown under Reference and Administrative Deiails below. ie Trustees record wth sadness th¢ death of Karen Sorensen. Karen was instnimental in advancing the Acorn Project d an Inspiraiion lo the many volunteets Mljo have woiked with her on it. Orgnnis#lional $truttsi The trts51ees have esiablishvd several committee5 to moiiitor Wid advise them on aspecis of the charity'$ 4ctivitie$. Tho Association provides the services of ils Centre Manager to tlie CIO without tharge. The charity is also know) by the nanie oEHurs1 Green Coilljnunity Ctnlie webte.. https..Ilwww.hgccUrtCy.0rU.Uk. REFERENCE AIYD ADMINISTRATIVE DETAILS Regislered aialiity numbei. 1207582 Principal Rddi$$ 4 Oak Close HUN Green Surrey RA8 OBA 'riwstee5 Mr S H Matsden Chwr (appointed 22.3.241 Ite5igned 29.5.25) Ms J C Ball lappoinid 16.1251 Dr J B1[2)7d 22.3.241 Ms C R N Lambert Sin8er{appoirtted 22.3.241 Ms T L ThoNias lappoinled 22.3.241 Mr C A J Bellringer lapJx>inled 16.1.25115igMed I1.4.251 Mr DW Parker lappoii?i¢d 22 3.241 (resied 5.9.241 Ms K J Sorensen lappoinied 22.3.241 [deased 5.6.241 Independeiit ExAniiiier Mary E Ryan FCCA, DChA, C.ertPFS Ark Accountancy LiTr)iied Cliartered c.ertified Accourttsttt 56-58 High Sirc¢l Ewell EpsoTn Surrey KT17 IRW Approv¢x% by ord¢rof the board of ffilees on 25 June 2025 and sigD¢don lis be]iaif by.. Dr J Bl- Trusiee Pa¥e 2
nd endent Examin¢r's Re Hurst Gre Surr to the I'rusttes of llldependent ex4mlner's r2porl lo Ille Iru$let¥ of Hllr5t Greeij Surrey CoiiEFnunity CIO I report to the ¢hity truste¢s on my eKaminalion of tbe aecounls of Iliwst Grcen Surrcy Comrnunity CIO (Ihe Trust) for the period 22 March 2024 to 31 March 2025. Responslbllltle5 b8$ls of repoi't As the charity trustres of th¢ Trust you art responsible for the preparation of tbe n¢¢ouDts in accordance with thB r¢quirtmcnts of lh¢ Charities Aet 2011 ('the Aev). I IEPDrt In respECt of my examinalion of th¢'l'rust's a¢couuls carried out under ScGtion 145 of th¢ Act aDd ill ca]rying ollt my exarnination I have followed all applicable Dire¢tions given by the Charity Co]kunlssioll under Section 145151(bl of the Act. Jndepondtnl ex9minees 5ttemtnt I have ¢tsmpkt¢d my exarninatitsll. I ¢ollfJYttk that no n)aterial matters have Come to my attention in comwction with the examination giying m¢ ¢Aus¢ to believe that in any material resP¢Gt.' counting rewTds were not kept iu respe¢t of the Trnst 83 T4utiYd by Sectiots 130 of the Act. or the accouAt5 do not accord witli thos¢ records,. or ¢he accounts do not comply with the èpplicable requiTcm¢nts concerning the fom] and content of accounts set out in the Charities {Aceounts and Reports) Regulations 2008 other tlian arky r¢gui¥emeut that the &ccount8 give a trne aud fair view which is not a niatter CODSLd¢red 85 part of all independent exfimiDxtion. I h&ve no conc¢rDS 2nd hav¢ come across no other matte[3 in COTmection with the examin*ion to which attention should be drllwn in this pOrt in order to enabl¢ a proptr understandyng of th6 &c¢ounts to b¢ rea¢hed. Mary H Ryan TrCEA, Dc CèrtPFS Ark A¢¢owitancy Lted Chttrttred Certified Acco)mtant 56-58 High Strevl Ewell Surroy KT17 IRW 25 Jwir 2025 Pdg¥ 3
Hiirsi I Surr tnrn or tho PeTiod 2 r¢h 2024 1 3 UnTeslncted fund Restticl¢d fiu)d Total funds Notes INCOME FROM Donations gsants 6,125 60,0(MJ 66,125 Fthjdraising evenis Iiivestintht Iiiwme 412 570 204 982 204 Tothl 6.537 60,774 67,311 EXPENDfTURE ON Chlliitfible Activitie3 Suppon costs 1.232 NET INCOM 5,356 29,999 60,723 129,9991 66.079 Ti'A]isfei¥ between funds Net niovenient in 35.355 30.724 66.0?9 TOTAL FiJNDS CARRIED FORWARD JS.355 30,724 66,079 The not4$ fomi part of these fin1¢]&1 statements Pag¢ 4
urr Comniuni layice 31 MaFclI 2025 Ujireslricled fund Restri¢ied ftmd Total funds Not FIXED ASSETS T8n¥ible assets 32.467 32.467 CURRENT ASSETS Debtors Casli at bank 414 3,134 414 36.738 33.604 3,348 33,604 37,152 CR£DrroRS Ainounts falling due tyth]ll otte year (660) 12,880) (3,5401 NlIT CURREwf ASSETS 2,888 30,724 33,612 TOTAL ASSETS LLSS CURRENT LIABILITIES 35,355 30,724 66.079 NEI. ASSETS 66,079 FUNDS Unic5tticied funds Restricted fwids 35,355 30,724 TOTAL FUNDS 66,019 The linam£ial 51alcTDents were appToved by lh¢ Board of Truslees 8nd authorised for issue 011 25 June 2025 and were SIned on ils behalf by.. Dr J Ball- TTUStee ie notes foFtn part of these finan¢ial statements Page 5
rr Communi es for the Period 22 h 2024 31 MArcli 2025 ACCOUNfiNG POLICILS B*sis of piepAring tht finAn¢iHI stmtemeiits The fManc1 staiett)enis of the charity, %thich 15 a public bert¢fil entity under FRS 102, have been prep8ftd in accordance Ihe Charities SORP IFRS IQ21 'Accouiiting wid Reporting by Chariiie$'. Sifileinent of Recommended 14arlicc appli¢abl¢ to cliaritte5 preparing their accounts in accordanre with the Finwioial Reporhng Standard gpplicable in ihe UK and Repvblic Of lie1yd IFRS 1021 leffeclive l Jatiuary 2019),, Financi Reponing Siandatd 102 Mie Finan¢i8) Rewrtiiib Standd applicable iii the UK Hod Republic of iTe10nd' 8nd the Chariiies ALI 2011. The fuiwi¢iÈl atellI¢t5 have been prepared lder the hIOr1e&l cosi conventttin. ljjtome All Jncome is recognised in the Statement of Financi Activiti&% OEi¢e the thanty has entiilement 10 the ftsnds. tl is yrobable ihai tlie income thqll be received the amount can be measured relittbly. Expenditure Liabiliiies are recognised as expellditu as soon there Is a legal or ¢on$tructiwe obligatiol) cominiiting the chtsnty to thai ¢xpendiftJre. it is probable th&t a Iransfer of economic beiiefiis wll be required in settlwneni and the 4niount of th¢ oblthgation can be The%[ed reliably. Expendir1e 15 accounted for on an dccruals bas15 and has been classified wd¢r headings that aggtegale ctht lated io the eaiegory. . TAngible fixed a55Ets DepreLiation is provided at the followiig anniial rates in order io write off each ass over its estimated Leasehold improvementg not provided TaxRtio The CIO is not subject to Income. Capital Gjins OT CoTpofÈtion T&x on income 2nd gains from its primary chariliible purpose. It is entttled io Business Rates relief. It is not iegisteied for VAT 3nd is unable io rt¢over VAT charged io ii. li has beeli Eegislered wih FIMRC drtd is entiiled lo recover Gift Aid Fund Actountiijg UIiTesliict¢d funds ran be used In accordance with the thItable objectives the disctetion of th¢mfee Restricied fund5 only be used for particular restri¢ted pury>tsses wiihiri th¢ otye¢ls ofthe chaTity. Restr&ction$ arise when specified by the donor ot ithen fwids are rrised for parti¢ulpi restiicied purposes. FUNDRAISING EVENTS FwJdrBising events 982 INVRSTMEwf INCOME DoKh)%t ic¢tsunl ini¢rest 204 Page 6 coiilinuwj...
H TSI Gieen Surr mn)uni cio in 22 M Ch 20UJoLI MaTclI 2025 TRUSTEES, REMUNERATION AND BENETrITS The trustee5 received no r¢munerati(xi, benefits OF pllyments of expenses. TIw5t¢es' ¢xpen5e5 TheTe were ilo truste¢5' expense5 pd for Ihe p2ri0d ended 31 Mrtrch 2025. TANGIBLE FIXED ASS Tangible fixed a*8- letr¥eliold Émpi'ovetneDIs Tan8ibl¢ fixed assets are staled al cost and represent (al pftyments lo architects and other professionals in coThiection the design, planning pennission ond iendering foT constmclion of the Acorji redev¢lopJnenl PTOj¢¢t d¢s¢ribed iii the Trusttts. Report (bl professional &dNTr¢e on a new lollg-term Iwe of the coinmiinity entre expetted to be concluded shortly. No depFeciatiOll will be provided unljl these fixed assets come into use. DEBTORS.. AfvIOUNIS FALLING DUE WITHIN ONE YEAR Prepaym¢nts 414 CREDTfoRS: Amoiwfs FALLING DUE WITHIN ONE YEAR Other creth.tors 3,540 MOVEMEwf IN FUNDS Net In0veMlt in fuad5 Transfess between rdS Ai 31.3.25 Unl7£1ed funds Gener81 fund 5.356 29,999 35,355 Reshicted funds The Acorn Project 60,723 129.999} JO,724 T01'AL FUNDS 66,079 66.079 Net inovoment in fund& included in tlie above are as follow.. Incoming resources Resourc¢s expended Movement in IuDdg UniEstsieted funds General fId 5,356 Re$tActed fund$ The Acom PToje¢t 60,774 60.723 TOTAL fuNDS 67,311 11.2321 66,079 PJg¢ 7 ¢otiiTrEJued...
HuT51 mut)i cio 10 Ihe Fin niin ed for_Llie Period 22 Marth 2024 10 31 M rch 2025 CAPITAL COMMITmEPs At 31 M&i¢li 2025 the CIO had entered inlo contracts for £35,147 of Capit ¢onimitments not provided for i these statenients. Th¢se comii)itments related Io PTofessional fee5 Èli connection the Acorn Proje¢t. The Ituslees inteiid lo Ineel Uie coiniiiiltnents from the residiie of die Tartdndge District Council g]ant referred to In lh¢ TruceS, Report, further fuiidiaisiiib) thnd Ihe cost slianiig artgmuTement described in Ntsie 10 b¢low. io. RELATED PARTY DISCLOSURES Huist Green {suey} Comniunity A550CIAliOO I'llie Association") is £onsid¢red by Ilje tnistees to be a related party because three of ils Ir1151ees werc al80 truuees. among others, of the CIO throu¥hoiit the r¢porting penod The CIO was foimed lo receive 8 transfer of Ihe #ssets. liabilirie5 and operations of Ilie Assoc131Jon Atid to contsnue the Asso¢lation w)rk in mat)wng and red¢v¢loping ilie comihut)ity cenrFe in Hurst Gre, Svrrey. DurinL the rerK>rting peiiod the Associaiion provided the [viCeS of ils Centre Manager 10 the CIO wihout arge. An agreement existed at 31 M8rch 202S under wthich the Association had undottaken to share & maximum of £6,000 of the cost DfptOf¢$siott fees in connectton with ihe Acorn Project If Cle{l vwn by the C.IO to do so Page 8
reen of Fi or Ilie Period 22 March 2024 10 31 March 2025 INC.OME Donntions wid gi'Ant8 DonalioJ15 Grartls 6.125 60.0 66,125 FUiidiAjsg evenls Futtdraisinbi events 982 Deposil 8ccount interest 204 Total inCOTlliN£ re8OUlf¢$ 67.3 EXPEIYDrru Siipport cosis MAnAgenient Subscriptions 40 Bank charges 102 Inforniailort ieehnoloey Software 16 CoveniaTice co$ts Attounlan¢y and *dministration fee5 Indepertdent exanuner's fee 414 1.074 Toijl resoyr¢e5 exp¢nded 1.232 Nel intgme 66.C>79 Thi5 pabTe does not foim part of the siaiutory fitian¢ial stsiemenls Page 9