Charity registralion number. 214164 St Peters Community Association Annual Rep)rt and Finw¢ial Swements forthe period frorn l April 2023 10 31 De¢emb¢r 2023
St Peters COMMlty A&so¢lation ctents Reference and AdminiStrly¢ DlIS 2to3 IndependentExamin¢Vs Rq Statement of FIn¢SAI Actsvrties Balanc¢ She Notes to th¢ Finmcial SiatenKnts 7t012
St Pet¢rs Community AslatIon Reference and Administrative DetaiL4 Charlty RetrdoTr Numlxr 214164 Mi$5 C M Gillm Mrc Miles Rev S Need PrlDdp#l Offlet Si Petees Commwiity Ceatr¢ Chwth Strcet Bexhill On Sea East Sussex Bank¢r¥ HSBC Bk Pl¢ 2 Devonthire R¢Md Bh11[ On Se• E( Sussex TN40 IAT Independent Ex#Thln¢r Yvonn¢ ofonmy FCCA 37 Sthiion Ro BexhllkotSc• TN40 IRG
St Peters Commllnity AlatiO Trustees, Report The present the annual T¢lVt togth with the fJnancÈal ststcrncnts of the charity for the prriod endgd 31 Dcecmber 2023. Objectives 8nd activltles Obieds The object of ihe Association is to manage and Lwernte the Communty Asxiation at the Centre for the bene of the Cotnmunity and St P¢t¢es Church and to rnaintsin th¢ wemi5es in good and workable order. To this ¢n¢ the Associ&ion is required to retsin fijnds to meet ry fvtrjre exceprional expendiwre towds the maintrnan¢e of the Centre Ind its equlFenL bllc fyenéf The tThsRes wnfirni that they hav¢ complied with th¢ requirements of seetion 17 of th¢ CTharities 201 I to trove due regard the publRc benefii guidance published by the Clwity Conunission for Englwld and Wales. Financial review The principle income is from the of the Itails by various LX)rnrnunity groups and other voluntary organisations. DOfi&ti(N are always gTafully ttceived but the A&4Kiaiion does solicit fimds from the public at larg¢ 05 syth. The wemises of the CLMnmnity Crntr¢ a 0ed by the ReCr and P¥ochial Clwrch Council of Si Petee5 Parish Church. Bexhllllkn-S The PCC wntyibuted £1250 to a Contin8¢nry Fund agirist exceptÈonal expenditure whith mighi arise in the firture. The fimd is distiD¢t from the Asso¢iAtitin's fimds and is nsidered to be designatrd for this pursxjse only. Strncthr4 governance Si Peters Community A550Eiation w&s reBiknd ctharity on 27 Fe 1963 and governed by 8 constitution drdfted Èn 1946. In addition to the Tr• day ¢0 day thinistrotw is rIed c1 Mrs H Milcs. The Hon. Treasurer is Mr A J Thornson FCA. The Trusiees rtgultrly to manage its affairs and de*rniine pjlicy. which is implemented by thE warden and other staff.
St PLters Community AsSOClatio Trustees, Report Si#i¢menl of Trustees, Responsibilities Utiilcd Kinbydoni ALcouniiiib Standards Iuniicd kiiibi(loin GenLI'ull)' AcceplLd Accoiintiiis Pr4lLlicel iiii(I applicablL law Lliid rcbiulaiions. Inakc judg¢iii¢iits aiid e51iniaiL.s Ihal drL rL(1.siiiidblL aiid prudeiil. slate whLtlILr Applical?le accoutlllllbv .%iondL?rds liavL bLLn foll(Iwed. subject to aiiy iiiai¢rial dLpartures The Irv.%l¥Ls ar¥ rLspoii.%iblc for keLPjII8 PlX)pei' ILLout111Iig1 r¢LLirds Ilidl di%Llose willi reasonabli U¥Llll¢lLy ai uny rLas(IiiablL steps for IliL P'VrI1101i diid dLIL¥tioii of frdud lind oilier irrLbiuldriii¥s. Mr (' Mtles .1 rusiel 'rru5tcL PAgTe.I
St Peters CoJDmllnity Assoelatlon IndepeDdent Examiner's Report to the trustees ofst Peters Community Association I report io the ¢hArity tntstees on my examiDation of the aceounts of fv eharity for ¢h¢ ye4r ended 31 D¢¢tmb¢r 2023 which are scl out on p8ges 5 to 12. Rdpectlve rtspothilbilltlts of trnstets #nd As the chArity'S trustees of St P¢¢er5 Community Association you are responsible for the preparntion of the a¢nts in accordance with the requirernents of the Charilies Act 2011 ('the Act'l. I report in respect of my cxamination of the St Peters Community A5sociation'$ accounts carried out under sectiijn 145 of th¢ 2011 Act and in Carrying my examination I h&ve followed all lh¢ 4ppli¢Abl¢ Directions given by the Charity Commission under section 14515Mbl of the Aet. Independent ex•mln¢r'3 8¢4¢oment I have MPleted my examination. I cottfimi that rto materi41 matters have come to my ¥ttcn¢ion in connection with di¢ examination 8iVirt8 me Cau ty b¢li¢v¢ thJ¢ in any material Spect.. aUntIng records were ttot k¢pt in re5pe¢t of SI Peters Community A550Ciation as required by se¢iion 130 of the Aet; or 2. the accounts do noi I¢rd with those records. or 3. the accounts do not eomply with the ac¢ounting requirements eoneerniD8 the forni and con*tJi of Aceounts set out in the Ch•rili¢5 (Ar¢S and Reports) Re8ulations 2008 o¢her ihan any requirement that the accounts give a 'true and fftir view which is not a malter considered Os of an independent examinatiort. I hav¢ TK) ¢on¢erns and h8ve come across no oiher maff¢fs Ln connKlion with the examination ¢0 which attention should b¢ drawn in this report in order ¢0 w4bl¢ a proper understandin8 of th¢ 8¢¢ounts to be reoched. Yvonne Ofonnor FCCA 37 Station Road Bexhill-On.S E4st Sussex rN40 IRG Pa8e 4
St Peters Community Association Statement of Flnanelal A¢tivities for the Perlod from l Aprll 2023 to 31 December 2023 Total 31 Iktember 21123 Unrestrleted Note In¢oThe Endowm¢Nts from: Donations and leBaeies Charitable actLVit1¢5 Investment income Other incom¢ 3,755 28,444 881 3.755 28,444 881 To¢•1 Income Expendlture on: Charitable activitie5 133.3521 33,J52 To¢il Expendilure Net movem¢n¢ in funds 33.3521 33,352) 1.478 1,478 Retontlllatlvn gf Total funds brou8ht forward Totsl rtdS ellrried forward 71.861 71.861 12 73,339 UDr¢strlcted funds 73,339 Total 2023 Note Ineomt ind Endowments from: t)onations and legacies Charithble aciivities Inv¢stsn¢nl Iome Other income 3,125 32,385 308 1,950 3.125 32.385 308 Total income 37.768 37.768 ExpendIr fjts: Charitable teiiviiies 44,1331 Total expendifyre 44.133 44.133 N¢¢ expenditure 6,365 6,365 Net movement ID fvnd5 (6,365) 16,365) Retondlltlom Tolal fund4 brought fonrd 78,226 Tothl fvnds carried fonvard 12 71.861 71,861 All of the charitys Activities dertve from coniinuing operations during the above two periods. The fimds breakdowi for 2023 is shown in nok 12. The note5 on pw5 7 to 12 fom iniegral part of these financial swements. Page 5
St Peters Community A55UClation (Registration number: 214164) ljalance Sheet as at 31 December 2023 2023 2023 Note Current Assets Stocks Debiors Cash ai bank and in hand 400 400 2.143 2.081 10 74.919 75.381 Creditor5: Amounts fg11ing due wtthin one year 13.5?0} Net a55et5 71.861 oftbe charity: Unrestritieil intDme funds Unresiricted funds 71.861 Total funds 73.ii9 71.861 The fi oilul. aiicial siaiements on page5 5 10 12 ivere approi'ed by tlie Irusiee5. and auihorised foi issue on 144nd sibFned oli their belialf b).: Misscm Trustee illman Mrc Miles Tnistee The notes on pages 7 10 1 ? form ali iiilegiral pan of these financial siaicnients. Page 6
St Peters Community Association Notes to the Flnanei21 Statements for the Perlod from l April 2023 to 31 December 2023 l A¢¢ollthtlthg ptrlldes St1¢unet of eomplianee The flnancial statements have been prepared in cordance with Accounting and Reporting by Charities: S¢a¢ement of Recommended Practice applicable to charities preparing iheir a¢nts in accordance with the Financial R¢porting Stsndard Jppli¢able in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Charities SORP IFRS 102)). the Financial Reportin8 Standard appli¢able in the UK and R¢publi¢ of Ireland (FRS 102) and the Charities Act 2011. B8si5 of prep4ration St Peters Comrnunity Association meets the definition of a public b¢n¢fLt ¢n¢ity under FRS 102. Assets and liabiliti¢5 are initially rewgnised at historical $t or transaction value unless otheNise stated in the releVt accounting policy note& Exonption from preparlng a fash tlow statement The charity Opted to e4rly adopt Bulletin I publish¢d on 2 FebThary 2016 and have therefore not included a th flow stem¢ttl in these financial statements. Golne e•neern The trustee5 consider that thcrE art no material unrer1ainties about the charrty's ability to continue as a going eoneern. Ineome and endowments Voluntary inwm¢ including don&tions, gift& legacies and grnnts that provide core funding or are of a general nawre is reco8nised when the charity has entitlement io ihe income. it is probable that the incom¢ will b¢ ceivcd and thc amount can be me&sured wÈth sufficicni reli¥bÈlity. Donqrtons andl¢gada lknations and le88cies are recognised on a rx¢ivJblE b&%15 when W¢iPt is prob8ble and the amount can be liably measured. Kftve5hMenl income Bartk interest is recognised when paid by HSBC bank EApenditure All expenditure is Te¢ognised once there 15 a legal or cons(TUCtive obligatÉi)n lo that expenditure, it is probthle settlement is required and ihe amount can b¢ me&sured reliably. All costs are allocated to the appli¢ble expendtture heading that aggregaie similar ¢05ts to that category. Where costs cannot be directly attributa to pffiicular headings th¢y hav¢ b¢en allocated on a basis consistent with the use of re50urccs, with central sthff costs allocated on the basis of time spenl and d¢preciation charges allocated on the TX)rtion of the 8ss¢t's use. Other support costs are allocated based on the spread of stsff costs. Page 7
St P¢ters Community AS¢1#110 Notes to the Finan¢il Statements for the Perlod fn)m l Aprll 2023 to 31 Deeember 2023 Charilable adiviliu Charitable expendithre u)mprises those costs incurred by the charity in the delivery of its ac¢ivities and xrvi¢¢5 for its neficIanes. It includes costs can be allocakd dire¢ty to such aaiviiies and those costs oran Support costs Supp)rt Costs includ¢ functions and Imve been ailotated to activity L¥)St cate8orie5 on a blS consistenl with the us¢ of resources. for example. allocating prrwty costs by t7C area4 or per Staff Costs by the time spent other costs by their usage. Tax4¢io The charity is considered tt> pa55 the tets Set ¢wt in Pvagraph I Sthedule 6 of the Finance 2010 and therefore it meets th¢ defmition of a charitable compny for UK COryOTation ILX purpw. Awordingiy, the charity is FotentilY exempt fTvm tsxation in rrsped of incorne or capitsl yins received categories covered by Chapter 3 Part I l of the Cwporation Act 2010 or Section 256 of thc Taxation of Char8eabl¢ Gain5 Act 1991 to the extyi¢ that 5uth incon)e orgain5 are applied exclusively to ch3rttsble puryw. Trade debton Trdde debtors we amounts fr¢ atsttjmezs for mttchandi5¢ sold or services perfomied in the ordittary eouTse of business. Trade debtoys are recwised initiaity at the wi¢¢. Cash Ind cash e9{vAlents Cash and cash equivalents ojmprise cth on hMI and call dew)sits. and other short-m highly liquid invesltncnts ue readily convertibic to a kn ar(nI of cth and are subjrxi kn an insignificani risk of ¢hang¢ in val. Tr•d¢ ¢r¢di¢ors are obli8ations to pay for or servicts have been xquired in the ordin¥y COU of business from ppli¢rs. AoUnts payabl¢ are ¢105sified 95 ¢umt liabilÈties if th¢ does not have an cOndi(10Thal righL at the end ofthe reporting peric#L io defer S¢lllem¢nt of the crediw for at le twelve months after the reporting dale. If there is uttcondiilon right defcr selllanent for at least twelve nMths after the rcp¢)rtin8 date, they we presented as non4unl liabilities. Trade Creditrs are reco8nised initially atthe tranwion price. Fund strnetsre Unrestricted iTrCe funds are genual are milable for use at the thAse¢s dis¢retiLM in furthernt)ce of the objectives of the Chlty. PaBe 8
St Peters Community Association Notes to the FinaDelal Statements for the Period from l April 2023 to 31 December 2023 2 In¢om¢ from dontions and leggd Unr¢strlrted funds Gener1 Total Trds Donations leBicies' Donations frorn individual$ 3,755 Totsl for perlod ended 31 Dtethbber 2023 3,755 3.753 Totsl for perlod ended 31 Mr¢h 2023 3,125 3,125 Unreslrl¢led fvnds Deslgn8¢¢d Gentral To¢1 Interest receivable ond similAr income: Interest receivable on bmk deposits 870 881 Tot•l for p¢rlod ended 31 D¢¢¢mlxr 2023 870 881 Tot•1 ffjr perlod thd¢d 31 March 2023 308 308 4 Expendlture on eharlthble ictlvltles Unrutrlrt Total ds GenerAI Note StJff ¢o$ts Alloca¢ed support 51¥ 17.208 16,144 17.203 16.144 Total for perlod ended 31 Dttember 2023 33.352 33,352 Tot*1 for perlod thded 31 Mar¢h 2023 44.133 44,133 S Trn$teu remunerAt&oD gnd expenBos No tNsiees. nor ony persons connected with thern, have re¢¢iv¢d any remun¢r&tion from the charity durin8 the year. Pa8e 9
St Peters CommllMIty A&8oeiatioD Notes to the Finaneigl Statements for the Period from l April 2023 to 31 December 2023 6 Sts(f costs The aggr¢gate payrnll costs gs follows.. 2•23 21123 Stff ewts duri the perlod were: Wa8es and salarics SWI Security c05t5 Other staffcr6ts 16537 280 391 21679 1,471 17208 24.150 The rnonthly avcrnge number of per50n5 {including scnM)r rnawent team) anployed by the charity dutin8 the period expressed a5 fv11 lime equivalenrs wa5 as follows: 2023 No 2023 No Charitable Activites No employee received enK)luments of more th#n £60.(th) durin8 the wic 7 Taxation The charity is a re8Sttr&l charity and 1$ therefort exanpt fm 8 Stotk 31 Dernnber 2023 31 Mrch 2023 Stock of Consumables 400 9 DdJ¢ors 2023 epayments Other debtors 139 125 1.956 2.14) 2.081 P¢ 10
St Peters Community Associatlon Notes to the Flnanelal Statements for the Period from l April 2023 to 31 D¢¢emb¢r 2023 10 Cxsh And t8sh equIlents 21n3 2023 Cash on hand C&sh at bank Short-terni d¢p05its 26 3.262 69,088 72,376 4.692 68,208 72,YJO 11 crl¢Ors. falling due within one year 2023 2023 Trade creditors Aecwals 3.522 2) 1.577 1.580 3.520 12 Funds lfvcoming resourtes Resources ep¢nded Deeember 2023 April 2023 UTrrestrlcted funds General Genernl 122 32,710 {33,3521 1520) Deslgnt¥l Designated- Contingency Fund 71.739 2.120 73,859 Total 71.861 34,830 33,352 73,339 Balan¢e ¢ 31 March 2023 Ineomlng TtSOUTces Re50urc expendod April 2022 Transfers Unrestrtrted funds Gexep41 General 1995 36.260 {44.1331 5.000 D&l8nored DesEIled- Contingency Fund 1.508 5.000 71.739 Tot*1 funds 78.226 37.768 (44.133) 71,861 Pa8ell
St Peters Commnnity A$soMOn Notes to the Fingncial Statements for the Period from l April 2023 to 31 December 2023 13 Analysls of Msets between fvmds Ullrestrict¢d ds T•tal fthnds 8t 31 Dvember 2023 Current Sets Current liabilitse5 74.919 11.580) 74.919 1.580) Tot&1 net &4tts 73J39 73.339 14 Anatysls of net funth Atjl Deetmber 2023 Ai l April 21ll3 C&sh at bank in hand {524) 72J76 Ne¢ d¢bt {524} 72J76 Pagc 12