Charlty regi¥tratlon nurnb•r 201445 HIGH WYCOMBE CENTRALAID ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
HIGH WYCOMBE CENTRALAID LEGAL AND ADMINISTRATIVE INFORMATION Charlty name Hlgh Wcombe Centr•lAi(J Sockty Other namès known by High Wcornbe C8ntralAld The FurnrtUTe Project Centrald cenlAl Soclèty Trusts•$ Mr# M Stsgg {Chalrman and Trea$ur¥rl MrWReid Mr J Pèarson MrT Ricketts Charlty numb•r 201445 Prln¢lpl addrnss Wast Rlchardson Street High Wcombè BUCnghaMShiTe HP11 2SB Charlty general manager Mr SAJfen Independent $xamln•r Rebekan Haywood Dashwood8Acwuntants Limited 31 Dashwood Avenu& Hlgh Wcombe Buckinghamshlfe HP12 3DZ
HIGH WYCOMBE CENTRALAID CONTENTS Pag• TNstees' report Independènt examinefs report StrteWnt offinanLyal activibes Baknce shoet Notes to the financial statements 8-16
HIGH WYCOMBE CENTRAL AID TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Tho trustee8 pre$ènt their annual report and tlnanrAal stalements lor the year anded 31 March 2024. The finanelal statem¢nts have b88n PfepaTed In accordance with th8 accounting poli8$ set out In nots 1 to the financi81 statements and comply with the charity3 constitution. the Charities Act 2011 and "Accounting and Reporbng by Charlties.. Stsl8ment of Récomrnend PTacti¢8 applicablg to charits preparing their accounts in accordance wilh the Financial Reporbng Standard applicablè In the UK and Rèpublic of Ireland {FRS 1021. leffectNe 1 January 20191. ObJectlv•s and actlvitles Thé objectsves of the charity are to provlde aBsistsnce to the nèety in Hlgh Wcombe and surroundlng area both by ts own effort3 #nd through cOperation wrth other voluntary and offiml agencies. Tho trustee¥ have have had due regard to the guldance issu8d by the Charlty Commission on publi¢ beneffil. Th8 main actNrtles Dfth8 charity undertaken for public benèfft during the year were: - The provlslon of IowknC4JSt good qualty furnltUTe. home electrirais. white goods and homewares to those on limltad inrA)me. Grants of fumltUTe, small electricals, kitchen starter packs and whfte goods to Ihose In imm8diale need and referred by an agency that the charlty recognlses. Achiements and perforniance HouBehold grnnts The charlty continued to provlde hous8hold support to the Tnost vulnerab[8 In Buckinghamshlre through delNèries of donated fumfture. hoTnawares and Èlectricais. In addition many new and reluming customers r8eewing government support beneffts or limtted incomes came into the w8rehou5e to purchase goods al our discounted prices. noticed an inftow of new families with limited resources and no acSS to govemment support from Nig8da and Ghana who have come to study OT begln jobs in Ihe care etOr and NHS. or to stu¢ty. Referring social support agencies and charibes generaung 221 orders for Central Aid grants lffijmilurè, tested whtte goods, klichen stsrteT packs, lumlshings 8nd rugs1¢8rpet tiles} that weTe delNered to local homes in a crisis. 12023= 177, 2022.. 152). Referr81$ came matnty frorn the many wÈffare se()ns within Bucknnghamshire Countil social seTvi¢es180, up 70%). Coundl funded support charltles P3 and Conngdons Support143, down 25%) and the NHS 121, up 50%). Our grants reached 515 residents. Ofthe tDtsI househokls, 47% re farnity homes1253 children) and 53% adutt singles or ¢ouple8. The value of grants was up 27% at £51,630 at Central Aid prfces. {2023'. £40,800. 2022.. £36,940. Distribution of grants by area thanged littio wlth the araa SUTroundlng High remaining pre(lomlnanL High Wcombe 64% Aylèsbury Vale 14% 11% Soulh Buck Chitt8m 11%
HIGH WYCOMBE CENTRALAID TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Maln reason lor hardshlp grant No. Annual change 11% Coming from homeless 59 28% Povety 27% 37% Abuse 20% 67% New arrivaL% 14 6% Property damage Once again our incorne from sale$ of goods donated surpassed our expedatsons. Totsl Income indudhng Investment income, grants and donation8 totalled £247,910. 12023.. £ 177,4491 Each year we T8ceNe saveral comments showing Ihe appreciatN)n of thg grant reciplents and their $upport workers but also from flonors who are pleasantly surprised by the effiaency and kindness of our crew5. Mgmbers and supporters This year 210 new Members joined and 57 Supporters. Members on govemmenl m6ans-lestsd beneffts can receNe 25% discount on the public price of most items on 58le. The vast rnaiority of 881gs are to new and relumlng Members. Supporters pay a small annual fee in return foi a 10% dlscount. Rgu The Charity makes a valuable contribution to'reuse, by collading and laknng for reuse loo$ of unwanted items that mary homes struggk to move on and would end up at the Teryding ntre or dumped. All majoT fvmiture #nd electrical items are tracked for the purposes of pricing. testing. waThanlsas and Gfft Aid. We can report that 4,421 donated items were acpIed this year Ic 50 tons) for reuse and about 1.550 electricals went through PAT iesting. 90% of donations are colbcled by us and the rest brought to us. Wa delNer about 60% by our own vans. Useful bric-a4>rac. kitthen iiems. bedlinen and fvmishings were also taken for grant packages Voluntsors The charity is extremety fortunata that several long-lemi volunteers cL)mmlt their skllls and e¥Ilence for many hours in the arg8s of governance, electital testing, onlinè sales and Warehouse rapairs and operation8. We do our best to improvo ovrtsu1th8 and PTa¢Jlces to ensure thè voluntèering experienca here is tulfilling. The highlight of the year was receiving the King's Award for Voluntary SgNlce in March 2024 from the LoTd- Lieutènant of BuckinghamshlTe, Countess Howe. The evgnl at th8 warehouse brought fomer staff and volunteèrs together with sevèral Councillors to see the piogTe85 of the charity- Thls award recognis8s the contribullon that small local voluntsry organisations make to the community and is the equivalent of an MBE. Since we started in 1906, we have afv48ys relied upon local people gNing many hours of their own time to the charity. Today thi3 is mainty our Trtsstees, the tsst and Tepair engineer5 for ei8Ctricals, DIY h81pers for mlnor fumitUTe repairs and our warehou3elvan support Staff. The Central Aid award cltation mentioned the way our team show3 nSIderatIon lo donors who are deollng with bereavement or an unfortunate chang& of circumStans, a5 well as Ihe hope Pnd support we bring to the homes of grant Tecipients
HIGH WYCOMBE CENTRALAID TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnan¢ial rnylew The Charity operates from the ground lloor of the frèehold building and rents the first floor to Bucks MIND whlch provides rental incom8 of £16,860 peryear. A¥ at the end of the reporting perfod. 31 March 2024, thè Charity net assets of £604.00312023.. £587,2501 Including the freehold buildlng at 260 Dasborough Road, High Wcombe valuèd at cost in the financial statements of £305,000. otherfred assets £45,59412023.' £53,592) and net current assèts of£253,059 {2023= £228,658). 11 is the policy of the TruBlges to maintsin 5uffiaenl unrgstrtcted re$èrv8S to prwdg for a parfod of SLX months expgnditure in thÈ èvent of a major unforeseen dlsruplion and loss of income, £93,000, potential major repairs to the building, £20,000 and repla(%ment of major assets and the van £15.000 oNino a totsl of £128 noo i iniJiA resources as ai J1 Marcn 2Q24 were £244,311 12023: £220,515) so tho Chafty has reached its target. The Tnlee5 have ensurod that the has cash reserves to cover at108St six months of runnlng c08ts In an omergency whlch put the thafity in a strong flnancial posft)n lo survfve the hèatth cri818. The Tfustees consldeT that Ihe Charity's finance8 are sound and that there ar8 no material uncert81ntles aboul the Charfty's abilty to continua as a going concem. strucre, yovemance #nd managemènt The tharity wa¥ set up in 1906. It IB an unlncoTporaled assooation govemed by its cofistliution whiL wa$ last adopted on 13 September 2016. The trustees who seNed during the year and up to the de of signature of the financial statements were.. Mrs M Sl8gg IChaiTm8n and TreaSUr) Mrw Reid Mr J Pearson Mr T Ricketts M8mber8hip of the chaTity Is open to 8ny person ovar 18 who.. - Has proded 8ignrfkant con$ist8nt support, flnanoal or material, lo the charity wmhin the pfeviouB years: -15 8 staff membèr or voluntsry worker who has worked regularly wNh the charfty for months whhln th¢ previous years.. - Is a rnembèr ofthe management committee. - Is an organlsation wothng in thg communty wtth potentkql beneficiaries of the d)ority or an ¢wgani6ation supporftng the charity. Thè officers and IneMlS of the management commlttee aro elected al the charivs annual general meeting. In addition, the mana9emonl committee at any règular megting has th• power to Co-opt addit5onal m8mber¥ to the charity and to th8 managempnt comrnittee. The members of th8 managemgnt committee #re the tIU8tses ofthe charity. Funds held as eustodlan trustee Mr8 M Stagg, Mr W Reld, MT J Pearson and Mr M Wood {resignod 30101r20231 hold tiU• to the freehold land and buildings belonging to the charlty. The tharity are worklng wth their lawyerB to place MT M Wood wilh Mr T Ricketts on thtr Iue to the freehold.
HIGH WYCOMBE CENTRALAID TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The trustses, Teport was approved by the Board ofTruslee8. Mrs M Stagg ICh8irman and Trea$urerl Trust•e
HIGH WYCOMBE CENTRALAID INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HIGH WfCOMBE CENTRALAID l Teport to the trustees on my examination of thè financial ststements of High Wcombe Central Aid (the charity) for the year ended 31 March 2024. Rèsponsibilities and basls of report As the tiustees of the charty you are responsible ft>r the preparation of the financial statements in accordance with the requirements of the Charfties Act 2011 (the 2011 Adl. I report in respect of my examination of the charity's finanual statements carried out under section 145 of thè 2011 Aet. In carrying out my examination I have followed all the applicable Directions given by the Charity Cornmission under section 14515llbl of the 2011 Act. I have completed my examination. I confim that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the ch8Tity as required by section 130 of the 2011 Act; or the finanaal statements do not accord with those records,. or the financial stslements do not comply with thè applicable requirements con¢eming the fr)rm and content ot accounts set out in the Charities IAw)unts and Reports) Regulab"ons 2008 other than any requirement that the aocounts give a true and fair view which is not a mattel considered as part of an independent examination. I have no COnmS and have come across no other matter5 in eonnection with the examin*ion lo which attention should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached. Rebekah Haywood Dashwoods Accountants Limited Chartered Certified Accountsnts 31 Dashwood Avenue High Wcornbe Buckingharnshire HP12 3DZ Dated.. 10 201S
HIGH WYCOMBE CENTRALAID STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 UnreBtrieted Rostrictsd funds funds 2024 2024 Total Unrestrlcted funds 2023 2024 Income from: Donations and legacles ChaTilable activftles Other tradin9 actNiti&s 144,885 24.901 26,562 2.600 147,485 24,901 26,562 88,602 27.850 28,730 Olher income 12,568 12.566 1.891 Total ineomg 245.310 2.800 247,910 177.449 •ndl Raising funds 9.090 9.090 5,959 Charftable activities 209.182 1,177 210.339 164,126 11 11.728 11.728 8.958 Other Total •xpenditure 229,980 1,177 231,157 179,041 Net ineomlngl(outgolngl mources befortr transf•rs 15.330 1,423 18,753 11,5921 Gnytss transfer8 been lunds 157n 5T1 Net in¢omellexpendiiurel for the YrI Nèt movament in fund$ 14,753 2,000 18.753 11.5921 Fund balances at 1 Aprtl 2023 587.250 587.2SO 568.842 Fund balanc•s at 31 Mar¢h 2024 602,003 2,000 604.003 $87,250 Thtr statement of flnanrial 8ciwitlas includes all gain3 and lossas recognised In the y8ar. AJI incomè and expenditure de¥iv8 from D)ntinulng advities.
HIGH WYCOMBE CENTRALAID BALANCE SHEET ASAf31 MARCH2024 2023 Nots8 Flxèd assets Tangible a58ets 13 350.954 358,592 Current ass•ts Debtors Inv8Stments Cash al bank and in hand 14 15 23,281 153.514 90.797 20.776 160,590 59.925 267.592 241.291 Credltorn: amounts falllng du• w5th1n ono yè•r 16 {14.$431 {12,833} Net ¢urrènt assots 253,049 228,658 Total assets less currnnt Ilabllltl•s 604,003 587.250 In¢ome funds Restricted ffijnds Unrestricted fvnds 18 2.000 602,003 587.250 604.003 587,250 The financial statements were approved by lh8 Truslees on ....... Mts M Stsgg (Chai Trustee n and Tre8$urèr) Mr J Pearson Trnst•e
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting po16¢ios Charfty Inlorm•tlon High Wcombe Central is an unincoTporaled association govemed by lis ¢on8titu¢lon. The charity is registergd wsth the Charity Commission, registration number.. 201445. 1.1 Accountlng conv•ntlon The financial stslements have beèn pPared In accordance wth the charitys tgoveming documentl. the Charltie8 Aci 2011. FRS 102°The Flnanelal Reporting Standard applicable in Ihe UK and Republic of Ireland. I°FRS 102.1 and Ihe Charitles SORP 'Accountlng and Reporting by Charibes.. Slatemept of Recommended rracuGe appii¢aoie w Llliiiiiie¥ Vl¥V¢lllSly Ul¥ll ÉlbknUUlii> Ill t11Ull WIUI riiidllknlOI t%¥wILiSiy 111 pplicable in the UK and Republic of Ireland (FRS 102). {eff8dve 1 January 20191. The ¢haTity is a Public Benefit Entity as d#llned by FRS 102. Th¢ charity has tsken a¢fvantage of thp provisions in the SORP for chariiiBS not lo prepare a Statsnwnt of C8sh Fk)ws. The finanrAal statements have departed from thè Charit3 (Accounts and Reports) Regulations 2008 only to the exlont r8quiTed to pfowdg a Irua and fair view. This ¢Jeparture has inVoed foliowng thè Sl8tement of Recommended Practicè for charities apptying FRS 102 rather than the version of thè Ststemttnt of Recommended Pradce whic Is TpfvFred to in the Regulations but which has since been withdrawn. The financial 8tatsments aTe prepared In sterling. which is the fijndional CUencY of the charity. Monetsry amounts In these financial statements are rounded to the nearest £. The financial ststements have been Prepared under the historical co31 conv8ntion. The prinupal accounting policies adopted are sgt out below. 1.2 Golng concèrn Al the time of approvlng the financial ststements, the trustees have a reasonable expectation that the charity has adequatè resources to continue In operational existence for the foreseeable ftrture. Thus the trustees continue to adopt the going ¢oncem basis of accounting in preparin9 the financial statements. 1.3 Charitsble funds uns1Cted fvndB are #vailable for L569 at the discretion of the Irustses In fvrtherance of thelr charitable objectivès. Restrictsd fvnds are subhect to speafic condthons by donoTS as to how they may be used. Th• PUTposes and uses of the Stric*$d funds are Set out in the notes to the financAal 8tstements. 1A Incom¢ Income is reco9nised whèn the charfty is legal entitled lo tt atsr any performance ndIon6 have been met, the amounts can be measuTed reliabty. and it is probable thal incom& will be receNgd. Cash donations are recognised on raceipt. Other donations ar• recognisod once the charity has been notified of the donation, unles8 perf0mnCe condffions requirè defrrral of the amount. Incon tsx recoverable In relation to donations receiv9d undef Grft Aid or deeds of covenant is recognised at the time of thè donatlon. L8garias are Teryjgnised on rec8lPt or 0th8Jwi39 the charity has begn nOlffd of an Impending dislrtbullon, the amount 18 known, and receipt is expeded. If the arnount is not known, the legacy Is treated as a contingent asset. Assets for distrfbution are recognised onty when distributed. A55ets glven for use by the charty are recognisèd when receivable. Stocks of undtstributed donated goods are not ¥aed for balance sheat purposes.
HIGH WYCOMBE CENTRAL AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclo¥ Icontlnuedl Grants ar• rocognised when the general income r•¢o9nWon crlterla are rnet. Grft ahl receivable is recognised when there is a valid declaration from the donor. Any gKft aid amount recoverable on a donation 18 considorèd to be part of that gTrl and is trèatad as an addition to the sarne fvnd as the donatbjn unle8s the donor has spedfied otheNse. Income from Interest. rental, and $OFViC8 charges Is recogni8ed when rg¢9ipt Is probable and the amount can be reliabty measured. cAp¥noiiu Expendkure is recognised once fhÈrè is a legal or constructwe obligation to transfer 8conomlc benefft lo ¥ third paty. it is probable that a transfer of economic beneffts will be requlred in settlemènt, ond the amount of Ihe obligation can ba masured rellabFy. Expenditure is classlfied by activty. The costs of èach activity are madè up of the total of diract costs and shafgd costs, Includlng support costs involved in undertaking each acti¥ity. Dlrecl costs attllbutable lo a single acbvty are allocated directly to that actwty. Shared cos15 which contribute to more than one activity and support costs whh are not attributab to a 65ngie activty ar$ apportloned betsveen those activitse5 on a basls consistent with tho us of rèsources. 1.6 Tanglbl8 Ilxed assets Tangible fr$d assets are Inalty measured at cost and 5ubsequenlty m&asured al cvst or valuation. n•t of depreciath)n and any impairrnenl losses. Depreciation IB recogni$ed so as to wdte off the c031 or valuatlon of assets les$ Ihelr resljual vpfves over their us&ful lives on the followlng bases-. Freehold improvamnts OffKe equipment Van$ f 0% straight line 33.3% straight line 12.5% 8tralght Ilne Th¥ g81n or h)ss arising on the disposal of an a5sel is determinad as the dFfference b8ts¥een the sab proceeds and the carying valuo ofthe 8sset, and is Tecognissd in the statement of fjnanoal ath1t. The freehold property is 260 Desborough Road, High Wcombe, Buckinghamshlre, HP11 2SB. The fumiture Project run by the charity is ba3ed on thè ground floor and on8 of th8 offices on the Ifrst floor. The remaining offic&s on the first floor not by the charity are let on 8 long terni basis in order to prowde the charity wih rgntBI income and is, therefore, invgsknent property. 11 woukl not be possible to lease the part of the property that Is investment propeity und8T a finance leaBe or to sell it as it is not separate from the part of the PToperty used by the charity ft)r its actfvÉties. It is. thereftJr¥, valued at cost. Freehold land and bulldkngs which ware purchased for £305,000 are not depreaated. The buildings are ragularfy maintained and currènt and fvture developmanl In the area rTans that Ihey are expected to maintain or appreciate in value. Subsequent irnprovements are depreci8ted at a rate of 10% straight line. 1.7 Impalnnent of flxèd ass•ts At each reporting end date, the charity Teviews the carylng arnounts of its tangible ossets to determin• whether there is any indicatlon that Iho¥e assets have 5vffered an impairnent loss. ff any such indi¢otlon 8XlSts. the recoverable amount of tha asset is estirnated in order to determine the extent of th$ Impaimient loss lrfanyl. 1.8 Ca¥h and cash •qulYalents Cash and cash 9guiv8lènts Indude cash in hand and d8posits held at ¢811 wlth bonks.
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 {ContSnu•dl Aecountlng polkl¢ 1.9 Flnanelal instrum•nts The ch8Tity has eleded to appty the PTovlsions of Section 11 'Basic Flnandal Instwments, and Secuon 12 'other Financlal Instwments Issues, ot FRS 102 to all of ils finandal instruments. Financial instruments are recoynised in the eharty8 balance sheot when the ¢harity bècomes paty to the contractual provisions of the Inslrumenl. Finandal assets and liabilities are offset. with the net amounts presented in the financlal statements. when Ihere is a leoalfv enlorc8ablè riqht lo set off Ihe recognlsed amounts and there is an intenlion to $etUe on 8 nel basis or to realise the asset and settle the liebilty simultaneousty. Basic finanelal ss•ts Basic financAal assets, which Indude debtOTS and cash and bank balances. are inthalty measured at transaction price induding transaction costs and are subsequentty carried at amortised cost using the effèctNe inteTest melhod. Financial assets classtfie(l as rec*Nabie vrithln one yeaT are noi amortlsed. Baslc financlal Ilabllltigs Basic finanrA81 liabilities. indudin9 cr¢dltors are inltially recognlsed al transaction prica. Finandal Ilabilrtles dassified as pay¥bie wllhin one year 8re not amortised. Derncogrtition of Ilnan¢lal Ilabillties Financial liabllities ar8 derecognised when tha charity's contradual obligatKJns expire or are dlstharg8d or cancelled. 1.10 Current asset Investment8 The charity holds cash on deposft With a maturity date of less than one year. The cash on deposit vAth maturity date of less Ihan one year is held for in¥e5tment PUTposes rath8T than lo meet short-tem cash commltments 8S they fall due. 1.11 VolunteèrB The valuè of any voluntary help Tecèfved Is not induded In the finaEI slat•ments, but Is descrfbed in the trustees. report. Donatio. grants and legacies Unrestrlctrd Rè8trlcted fvnds fund$ Total Unre81rictsd fvnd$ 2024 2024 2024 2023 115,877 2.600 29,OD8 71,549 Don8tlons and gfft Grants Gff( aid 115.877 2.600 29,8 17.053 144,B85 2,600 147,485 88,602 Grants Other 2,600 2.600 2.600 2,800 10-
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable actlvlli85 2024 2023 Sak of donated fvmKur& at h)w cost 24,901 27.850 Othertradln9 ac¥5tt09 Unrnstrlcted Unrnstrlcted funds fvnds 2024 2023 Sale of donatad goods Retail GiftAid Schemè Commission FurKlfaising and other 24.901 1.141 520 27.851 185 other trading act9% 26.S62 28.730 Investments Unre8trlet•d Unrestrictad funds funds 2024 2023 Rent and seTVi¢è charges Bond Interest 35,437 959 29.896 36.396 30.378 Other Incomg Unrestrfetsd Unrestricled funds fijnds 2024 2023 Nèt galn on dispo¥81 of langlble fixed as$8ts Bank intarast and otheT in¢ome 7.059 5.507 1.891 12.568 1.891
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ral$ing funds Unrgstrfctsd UnTestrlcted fvnds fijnds 2023 Fundraisi Selling donated goods and sÈlllng goods as an agent and Taislng assofAatèd uonauons under t{eIl Jcneme ¥.u¥u 9,090 5.959 Charltable •¢tlvlil•s 20 2023 210,339 184.126 Fumlture proiect Analysis by fund Unrestricted fvnd3 Restricted funds 209.182 1,177 164,126 210.339 164,126 Non& of the trustees lor any perBon8 connecied wlth them) receNed 8ny remune¥¥llon or beneffts from tho charity during the year. Expenses amounllng to £nil12023'. niD w¢re pa*J dlredly to a third party on behalf of the trustee6 during Ihe yoar. 10 Employee5 Thè av•rage monthty number of employees durlng the y¢arwas: 2024 Number 2023 Number Charitsble ¥ctfvities FundTai5ing and 8UPPOrt Totsj 12-
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Ernploy (Conttnu•dl Employment eo8ts 2024 2023 W89gs and salari$$ Social se¢urty costs Olh¢r p6nsion costs 131,091 6,041 2,796 107,290 4.305 2,930 139,928 114,525 There w¢ro no efflpioy8es whose annual remuneratton was than £80,IJOO12023- £60,000). 11 Oth•r expenditurn Unrnstrlctsd Unre8lrieted funds fijnd 2024 2023 Servlce charge prèmises costs 11.728 8,956 12 TtIOn The ¢harity 15 exempt from tsx on income and gains fallin9 Within 3e¢llon 505 of the Taxes Act 1988 or section 252 01 the TtiOn0f Chargeablè Gains Act 1992 to tho extent that thèse are applled to ils £haTitablg objects. 13-
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Tanglbl• flxod Fre8hohl knprovgmenl¥ Officg 94ulprnnt V4 Total 14,692 1,838 42.C69 398,453 1,636 115,470} At 1 April 2023 Additions Dlsposals 341.692 (15.4701 16,328 26,599 384.619 At 31 March 2024 341.692 Depreelatlon and impalmi•nt Al 1 Apdl 2023 DepTecAation charged in the year Elimlnated in rgspect of disposals 11.167 13.998 1,110 14.697 3,32S (14.697) 39,882 8.500 114.69n 15,232 15.108 3,325 33.865 At 31 MaTch 2024 Carrylng amount At 31 Mar¢h 2024 326.460 1,220 23.274 350,954 27.372 358,592 At 31 March 2023 330,526 14 D8btOTS 2024 2023 Amounts falllng due withln on• yur. 601 18.299 4.381 220 16,096 4.460 Trade deblofs Other debtors Prèpayments and accNed in¢orn• 23,281 20,776 15 Currènt as$•t Investments 2024 2023 153,514 180,590 Vniistsd investmènts 16 Cr¢(rrtors: amounts falllng dug wlthln one y•ar 2024 2023 4,$94 4.496 5,974 2.163 othertsxats.on and sodal security TTade creditors Accnjals and dèferred inujme 5.285 14.543 12.633 14-
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 R•tlremont benefft •¢hom•s Thé charity opsrates a defined conlributton pens•)n scheme for all quali9 8mpbyo$s. The assets of the s¢heme are held separalety from those ofthe charity in an independenlty administered fund. 18 Restrt¢t•d funds The income funds of Ihe charity indude reslrfcted fundB comprising Iha followng Unended balances of donations and 9rants hgld on trust for specffic purposes: MovemBnt In fvnds Incomlng ResourBYs f•8our oxp•ndqd Balane• at 1 Aprfl 2023 8alan¢A al 31 IAareh 2024 Anson Trust 2,000. 600 2,000 (1.177) $77 2,600 11.17n 577 2,000 TheAn$on Trust grant is to b8 used against the c08t of improvinu the entraneè and loading bay. Th¥Asda granl was used against th¥ KlngsAward celebrdtion in MaT¢h 2024. 19 AnalyBl¥ of net aB$¢ts between funds Unrnltrlcted R•strfctsd funds funds 2024 2024 Total Unrestrictsd funds 2023 2024 Fund balances at 31 Marth 2024 8re represented Tanglble a$$ets Current aSsetsl(liabthe8) 350.954 251.049 350.954 253.049 358.592 228,658 2,000 602,003 2,000 604,003 587.250 15-
HIGH WYCOMBE CENTRALAID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Opèrnting lease eommltmonts At the reporting end dats the charity had ou15tsnding cOnrtMentS forfuture minimum lease p8yrnents under non-cancellabie op8rating leases, which fall due as follows.. 2024 2023 4,195 3,845 4.195 8.040 thin one year Betsyeen and five years 21 Relatod party tr•nsactlon• There were no disdosabte related pafty transactions dudng the yaar {2023- none). 22 Independent •xamln?r The fee ch8rged by the Independenl Examiner durfng the yegrw•$ £70012023: £540}. 18-