REGISTERED CHARITY NUMBER: 204292 Trustees. Re ort and Unaudited Financial Statements for the Year Ended 31 December 2024 for Great lisSendeD l¥lemorial Centre Danion Pariners 7 Merlin Courtyard Gatehouse Close Aylesbury Buckinghamshire HP19 8DP
Creat Nlissenden Memoriydl Centre Contents of the Financial Statements for the Year Lnded 31 December 2024 Page Reference and Adminlstratlve Detail% 'rrustee5' Keport Independent Examiner's Report Statement nf Fin8nci&l Actiiities Balanee Sheet Notes to the Flnxncfial Statements 7 to 13 Det&iled Statement nf Financial Activities 14
Creat Nlissenden Memoriydl Centre Reference and Administratii'e Details for the Year Ended 31 December 2024 TRUSTEES A Hewett {Chair) L Ck {Secrethry) M Johnstone (TTeasureT) S Rhodes (TreasureT) (resigned I l.11.24) l Lovegrove K Pither S Humphreys PRTNCIPAL ADDRESS Memorial Hall Link Road Great Missenden HP16 9AE REC.ISTERED CHARITY NUI¥IBER 204292 INDF.PF.NDF.NT F.XAMINF.R Danton Partners 7 Merlin Courtyard Gatehouse Close Aylesbury Buckinghamshire HP19 8DP Page I
Creat Nlissenden Memoriydl Centre Trustees, Re ort for the Year Ended 31 December 2024 The trustees present their report with the financial statements of the charity t.or the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporiing by Charities: StatemenL ol. Recommended Practice second edition issued in October 2019 applicable lo chariti&s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)- OBJECTIVES AND ACTIVITIES Objectii-es and aims The aiTn of the charity ig to promoie the benefils and improve the condilion of life for ihe inhabitants of Great Missenden and to provide facilities in the interesi of social welfare for Tecreaiion and leisure time aciivilies. Significant actiiryties The charity raiscs the majority of its income through hire of lis Premises run by a team of trustees. The charity is managed on voluntary basis by the manatsement committee apart from the remuneration detailed in the accounis. Public benefit The trustees confirm that they hai'e complied with the requiremenls of section 17 of the Charities Act 2011 to have due regard to the public benelit guidance published by the Chariiy Commission tor England and Wales. FINANCIAL REVIEW Flnanclal posltlon The statement ot financial activities show5 net income of £8,li2 (2023= £9,230) for the year. Total ndS as at 31 December 2024 stand al £i3.37812023= £4i.226). The Iruslees consider the state ot.the chariils aftairs to be satisfactory. Principal funding sources The charity's main income arises from the provision of facilities in the interest of social welfare for recreation and leisure actiiiti¢s. Reserves policy The Charity ensures thai reserves are kept al a sufticieni level in order io carry out its ¢harit2ble objectives. STRUCTURE, c.olf RINANCE AND I¥IAliAGEMENT Goi"erning document The chariiy is Controlled by its governlng documeni. a deed of trusi dated 14 DeCeMr 1923 and constitutes an unincorporated charity. Recruitment and appointment of new trustees Apart from the tirst charity trusiees, every trustee is appointed by a rosolution passed at a properly convened meeting of the charity trustees. In selecting individuals lor appointment as charity trustees, the charity trustees must have regard to the skllls, knowledge and experience needed for the effective administration of the charity. Risk management The Iruslees have a duty to identify and review the risks to which ihe chariiy is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Principal risks and uncertainties The Iruslees regularly consider key risks the charity is exwsed to and ensure to take corrective action to implement measures to manage and mitigate identified risks to an acceptable level. Page 2
Creat Nlissenden Memoriydl Centre Trustees, Re ort for the Year Ended 31 December 2024 Approved by order of the IK)ard of trustees on 16 April 202) and signed on its behalf by. A Hewett - Trustee Page 3
Inde endent Examiner's Re ort to the Trustees of Great Missenden Trlernorial Centre Independent examiner's report to the trustees of Great Missenden Memorial Centre I report lo the charity trustees on my examinaiion of ihe accounis ofGieat Missenden Memorial Centre (the Trust) for the year ended 31 December 2024. Responsibilities and basis of report As the charity Iruslees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements ot the Charilies Act 2011 ('Ihe Aci,). I report in respect of my examination of the Trusi's accounis Carried out under Seciion 14) of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14i(i}(b) of the Act. Independent examiner's statement I have completed my examination. T confirm that no material matters have come to my attention in connection with the examination giving me cause to believe ihat in any maierial respeci: accounting records were not kept in respect of the Trusi as required by Section 130 ofthe Ac¢. or the accounts do noi a¢cord with those records. or the accounts do not comply ,7¢h the applicable requirements concerning the form and conieni of accounts set out in the Charities (Accounts and Reports) Regulaiions 2008 oiher than any requiren]ent that the accounts give a true and fair view which is noi a mattcr considered as pari ol'an indcpendeni examination. I have no concerns and have come across no oiher matters in conneciion '1th the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to reached. Saiiad Rajan FCCA Danton Partners 7 Merlin Courtyard Gatehouse Close Aylcsbury Buckinghamshire HP19 8DP Date:............................................. Page 4
Creat Nlissenden Memoriydl Centre Statement of Financial Acliiities for the Year Ended 31 December 2024 31.12.24 Unrestricted fund 31.12.23 Total funds Notes INCO]¥IE AND ENDOWTrIENTS FRONI Oih¢r trading activiiies Inv¢slmenl income 34,864 222 31,809 35 Total 35,086 31,844 EXPENDITURE ON Charitable actiiqties Social w¢1 larc 26.934 21,180 Other 1,434 Total 26,934 22,614 NET INCOME ,152 9,230 RECONCILIATION OF FUNDS Total fvnds brought forward 45,226 35,996 TOTAL FUNDS CARRIED FORWARD 53J78 45,226 The not&s forni part of these financial sialements Page 5
Creat Nlissenden Memoriydl Centre Balance Sheet 31 December 2024 31.12.24 Unrestrlcted 31.12.23 Total funds Notes FIXED ASSETS Tangible assets 2,686 3.299 CURRENT ASSETS Debtors Cash at bank 400 60,825 50,547 61,225 50,547 CREDITORS Amounts falling due within one year {10,533) (8,620) NET CURRENT ASSETS 50,692 41,927 TOTAL ASSETS LESS CURRENT LIABtLITJES 53,378 45,226 NF.T ASSF.TS 53,378 45,226 FUNDS Unr¢siricled funds 10 53J78 45,226 TOTAL FUNDS 53J78 45,226 The financial statements were approved by the Board of Trustees and authorised for issue on 16 April 202) and were signed on its behalf by= A Hewett - Trustee The not&s forni part of these financial sialements Page 6
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements for the Year Ended 31 December 2024 AC.CnlJNTINC. POI.IC.IF.S Basis of preparing the financial statements The financial statements ot" Ihe charity, ,hICh is a public benefit entity under FRS 102, have been prepared in accordance wilh the Charities SORP (FRS 102) 'Accounling and Reporting by Charities- Statement of Recommended Practice applicable to Charilies preparing their accounis in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (second edition issued in October 2019),. Financial Reportints Standard 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ircland, and the Charilics Act 2011. The financial staiemcnts have bccn prcparcd under ihc hisiorical cost convention. Income All income is recognised in the Statemenl of Financial Activities once the charity has entitlement to the nds, it is probable that the income will k received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as Ihcre is a legal or constructive obligation committing the charity lo that cxpendilurc, it is probable ihai a iransfer of cconomic Iner1 will bc required in settlemeni and the amount ot- the obligation can be measured reliably. Expcnditure As accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have alliKated to activities on a basis consistent with the use of resources. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services t.or its beneficiaries. It includes knih costs that can be allocated directly lo such activities and those costs of an indirect nature necessary to support them. Allocation and apportionment of Costs Support costs have been allocated beiween governance costs and other support costs. Governance costs comprise all costs involving ihe public accounlabiliiy of ihe chariiy and lis compliance with regulation and good practice. The8e costs include cosis related io sialuiory audit and legal fees iogeiher with an apportionment of overhead and support Costs. Governance costs and support costs relating to charitable activities have been apportioned on a basis consistent with the use ot resources. The allocation of support and governance costs is analysed in note 4. Volunteers The i'alue ot the services provided by volunteers is not incorporated into these financial statements. Tangible fixed assets Depreciation is provided at the following annual rates in order to write oty each assei over its estimated useful life. Office equipments 20 /0 on cost Taxation current assets and liabilities The charity is exempt Irom tax on ils charitable activiti&q. Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for which it was incurred. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Page 7 conlinued...
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ACC.nlJNTINC. Pnl.IC.IF.S - continued Fund accounting Restricted knnds can only be used foT particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when tiinds are raised for particular restricted purposes. Cash and eash equivalents Cash and cash equivalents comprise cash on hand, demand deposits and other short-term highly liquid invcslments that are readily convertible io a known amouni of cash and are subjeci to an insignificant risk of change in value. Dcbtors Trade and oiher debtors are recognised ai the settlement atnouni due after any trade di8couni offered. Prepayments are valued ai the amount prepaid net ofany trade discount% due. Accrued income and tax reeoN'erable is included at the bcsl estimate of ihe amounis receivablc ai thc balance shcci date. Creditors Creditors are recognised where the charity has a present obligalion resulting from a past event that will probably result in the transler of ndS to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised ai Iheir seitlemeni amount after allowing for any trade discount due. Hire purehase and leasing comn)itments Rentals paid under operating leases are charged to the Siaiement of Financial Activities on a straight line basis over the period ofihe lease. Going concern The Irusiees consider that there are no mateTial un¢ertainti&8 aiKbUt the ¢haTiigs ability to continue as a going concern. OTHER TRADIING ACTIVITIES 31.12.24 31.12.23 Rental incnme 34,864 31,809 llNVESTI¥IENT INCOME 31.12.24 31.12.23 Deposit account interest 222 35 Pagc 8 conlinued...
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements - continued for the Year Ended 31 December 2024 SIJPP()RT C.()STS Governance costs Social welfare 1,842 Support cosls, included in the above, are as follows: Cvnvernance tnsts 31.12.24 Social elfare 31.12.23 I'otal activities Accountancy and legal fees Independent examination Professional fees 1,200 300 342 1,128 306 1,842 1,434 TRIJSTF.F.S' RF.MIJNF.RATION AND BF.NF.FITS There were no Irustees, Yemuneration or other IKnefiiS for the year ended 31 December 2024 nor for Ihe year ended 31 December 2023. Trustees, expenses There were no 31 December 2023. trustees, expenses paid for the year ended 31 December 2024 nor for the year ended C.nMPARA TIVF.S FaR THF. STA TF.hlF.NT I)F FtliAliC.IAI. AC.TIVITtF.S Unrestrlctcd fund TNC.nMF. AND F.NTM)IVNIF.NTS FR()M Other trading activilics Inveslmcnl incomc 31,809 I'ntal 31.844 EXPF.NDITURF ON Charitable aetivities Social welt-are 21,180 Other 1.434 I'ntal 22.614 Pagc 9 conlinued...
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements - continued for the Year Ended 31 December 2024 C.nMPARATIVF.S FnR THF. STATF.NIF.NT I)F FINANC.IAI. AC.TIVITIF.S- continued Unrestricted fund NET INCOME 9.230 RECONCILIATION OF FUIYDS Total tiinds brought torward 3),996 TOTAL FUYDS CARRIED FORWARD 45,226 TANGIBLE FIXED ASSETS Office equipments COST At l January 2024 and 31 December 2024 6,122 DEPRECIATION Ai l January 2024 Charge for year 2,823 613 At 31 December 2024 3,436 NET BOOK VALUE Ai 31 D¢ccmber 2024 2,686 Ai 31 Dcccmbcr 2023 3,299 DEBTORS: Ai¥IOUNTS FALLING DUE WITHIli YEAR 31.12.24 31.12.23 Trade deht()r% 400 Page 10 continued...
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements - continued for the Year Ended 31 December 2024 C.RF.DITnRS: ANlnlJNTS FAI.I.INC DItF. THIN nNF. YF.AR 31.12.24 31.12.23 Sales deposits Trade creditors Othcr ¢r¢diiors 6,400 893 3,240 4,350 391 3,879 10,533 8,620 l(b. M()VF.MF.NT Ili FIII%DS Net moi'ement in fund5 At 31.12.24 At 1.1.24 Unrestricted funds General fiLnd 45226 8,152 53J78 TOTAL FUNDS 45,226 8,152 53J78 Net movement in funds, included in the alM)ve are as follows.. Incoming resources Resources expended Moi'ement in funds Unrestricted funds G¢ncral Lund 35,086 (26,934) 8,152 TOTAL FUNDS 35,086 (26,934) 8,152 Comparatives for rnoi"ement in funds Net movement in funds At 31.12.23 At 1.1.23 Unrestricted funds General tund 3),996 9.230 4i,226 TOT AL FUNDS 35,996 9,230 45,226 Page I continued...
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements - continued for the Year Ended 31 December 2024 I()VF.IklF.NT 11% FIJI%DS- cnntinued CoTnparative net rnovement in nds, included in the alx)ve are as follows: Incoming resources Resources expended Moi'ement in funds Unrestricted funds General tund 31,844 (22.614) 9,230 T()TAI. FIINDS 31,844 {22,614) 9,230 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.12.24 At 1.1.23 Unrestricted funds General fund 3i,996 17,382 i3,378 TOT AL FUNDS 35,996 17,382 53,378 A current year 12 months and prior yeai 12 months combined net movement in funds, included in the above are as follo-S.. Incoming rc50urces Resources expended Mos"ement in funds Unrcstricted funds General nd 66,930 {49,i48) 17,382 TOT AL FUNDS 66.930 {49,548) 17,382 Page 12 continued...
Creat Nlissenden Memoriydl Centre Notes to the Financial Statements - continued for the Year Ended 31 December 2024 RF.I.ATF.D PARTY DISC.I.()SIJRF. There were no related paTty iransaciions for the year ended 31 December 2024. Page 13