## **Trustees’ Annual Report for the period** ## **From: 01.01.2023 Period start date To: 31.12.2023 Period end date** ## **Charity name: Parsonage Residents Association** ## **Charity registration number: 243905** ## **Objectives and Activities** ||SORP
referenc
e|| |---|---|---| |Summary of
the purposes
of the charity
as set out in
its governing
document|Para
1.17|A) 'promote the benefit of the inhabitants of
the neighbourhood defined by the Dunmow
road, including Manor Links, Norris Close,
Cecil Close, Mayes Close, Shortcroft and
Hockerill Hill to the south, the east/west
bypass to the north, and the main railway line
to the west, as shown on the map attached,
(hereinafter called "the area of benefit")
without distinction of sex, sexual orientation,
race or of political, religious or other opinions,
by associating together the said inhabitants
and the local authorities, voluntary and other
organisations in a common effort to advance
education and to provide facilities in the
interests of social welfare for recreation and
leisure-time occupation with the object of
improving the conditions of life for the said
inhabitants;' (b) establish, or secure the
establishment of, a community centre
(hereinafter called "the centre") and to
maintain and manage the same (whether
alone or in co-operation with any local
authority or other person or body) in
furtherance of these objects. (c) promote
such other charitable purposes as may from
timetotime be determined.| |Summary of
the main
activitiesin|Para
1.17 and
1.19|**1.** When considering what activities and
events to manage during the year, the
Trusteesweremindfulof the Charity| Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 |relation to
those
purposes for
the public
beneft, in
particular,
the
activities,
projects or
services
identifed in
the
accounts.||Commission's guidance on public
beneft.
**2.** The Trustee Committee met six times
during the year. The AGM was held with
the residents in attendance.
**3.** The Association uses contractors (one
who is a trustee) to assist in the
management and maintenance of the
Community Hall.
**4.** The Hall is available for use from 7 am
until 11 pm. 7 days a week, regular
hirers accounts for circa 50 hours use,
with occasional hirers including
community events and private parties
are booked weekly.
**5.** The Trustees also manage and organise
certain events for the beneft of
members. An annual frework display,
Christmas Fayre, Tabletop sales.
**6.** The charity produces a local magazine
delivered free to 3000 homes within the
area of beneft of the charity.
**7.** The Trustees listen to the concerns and
wishes of the members of the
Association and will take matters up
with the relevant authorities where this
istothe beneftof themembers.| |---|---|---| |Statement
confrming
whether the
trustees
have had
regard to the
guidance
issued by the
Charity
Commission
on public
beneft|Para
1.18|The Trustees can confrm they have given
due regard to the guidance by the Charity
Commission on Public Beneft.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP
referenc
e|| |---|---|---| |Policy on
grant|Para
1.38|The charity will support local fund raising
from time to time by a local resident. This
normally amounts to use allowing fundraisers
to usethehallatareducedrate on the| |Parsonage Residents Association Charity No 243905
TAR 01.01.22 – 31.12.2022||| |making.||agreement that they donate the diference
between the reduced rate and the full
amount to the fundraising pot. We will give
free space in our local magazine and
advertise any fund raising in the hall on
notice boards.| |---|---|---| |Policy on
social
investment
including
program
related
investment.|Para
1.38|The charity is not involved in Social
Investment.| |Contribution
made by
volunteers.|Para
1.38|The charity uses volunteers when we are
holding an event such as the Annual
Fireworks Display, they help with set up,
stewarding, and tidying up afterwards.
Volunteers deliver the local Parsonage
Magazine quarterly.| |Other||| ## **Achievements and Performance** ||SORP
referen
ce|| |---|---|---| |Summary of
the main
achievements
of the charity,
identifying the
diference the
charity’s work
has made to
the
circumstances
of its
benefciaries
and any wider
benefts to
society as a
whole.|Para
1.20|**The achievements of the charity are:**

Ensuring the local community has
opportunity for interaction with the wider
community through the Parsonage Herald
magazine.

Ensuring that there are opportunities for
all ages to have a local meeting place
whether Toddler Club to Parsonage
Friendship Group whose members
encompass those over 60 years.

Ensuring there is an afordable local
venue where sport, art, baby groups,
children’s play, Brownies, can be run
successfully.

Ensuring that there is local space for
community and private functions,
including voting, meet your councillor,
events, children, and anniversary parties.| Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 - Ensuring a fully accessible space for the local community to enjoy - Ensuring the community is listened to and that they have support to make their voices heard. ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against objectives set|Para
1.41|| |---|---|---| |Performance of fundraising activities against
objectives set|Para
1.41|| |Investment performance against objectives|Para
1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
fnancial position at the end
of the period|Para
1.21|**Balance Sheet enclosed.**
**Net current assets**
**£27,807.80**| |Statement explaining the
policy for holding reserves
stating why they are held|Para
1.22|The trustees hold reserves to
ensure we can pay and
undertake any repairs to the hall
that may occur| |Amount of reserves held|Para
1.22|**£23,000**| |Reasons for holding zero
reserves|Para
1.22|n/a| |Details of fund materially in
defcit|Para
1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a
going concern|Para
1.23|None, the charity is a going
concern.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
anyfundraising)|Para
1.47|Income from Parsonage Hall and
any community events held during
the year.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted.|Para
1.46|n/a| |A description of the
principal risks facing the
charity|Para
1.46|Damage to hall that could disrupt
our funding stream.| Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing
document
(trust deed, royal charter)|Par
a
1.2
5|**Constitution of the Parsonage**
**Residents Association.**
**Community Association**| |How is the charity
constituted?|Par
a
1.2
5|**Charitable Unincorporated**
**Association**| |Trustee selection methods
including details of any
constitutional provisions
e.g., election to post or
name of any person or
body entitled to appoint
one or moretrustees|Par
a
1.2
5|The PRA association welcomes those
members who wish to become more
involved and become Trustees.
Election of trustees is undertaken
annually at the AGM| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and
procedures
adopted for the
induction and
training of
trustees.|Para
1.51|Trustees are supplied with the Charity
Commission Becoming a Trustee
CC3_feb20.
Trustees are supports at meetings and are
encouraged to ask questions of ofcers so
that they undertaketheir role successfully.| |---|---|---| |The charity’s
organisational
structure and
any wider
network with
which the
charity works.|Para
1.51|The PRA has 3 ofcers, Chair, Vice Chair,
and Treasurer with the Secretary position
vacant (covered by Chair) 4 additional
trustee members.
All decisions are made at committee
meetings which will occur expense.
Expenses which occur dur to day-to-day
operation of the hall is maintained by the
chair and the treasurer and reported to the
committee bi-monthly.
Decisions regarding expenditure for the hall
or an action the charity may take on behalf
of residents i.e., obtaining a defbrillator unit
for the community which would be available
24 hours a day, installing a new notice board
in the community are undertaken at
committee meetings.
At theAGM,the communitymay ask from| Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 |||time to time for the PRA support to help in a
wider capacity – parking problems,
overgrown hedges, etc. fnal decisions on
how we report back to the community will
be undertaken at committee meetings and
reported to the community via the
Parsonage Herald our local community
magazine.
The charity doesnotemploy staf.| |---|---|---| |Relationship
with any related
parties|Para
1.51|n/a| |Other||| ## **Reference and Administrative details** |Charityname|ParsonageResidentsAssociation| |---|---| |Other name the charity
uses|n/a| |Registered charity
number|243905| |Charity’s principal
address|Parsonage Lane Community Centre
Church Manor, Bishop’s Stortford, CM23 5PY| ## **Names of the charity trustees who manage the charity** |**Trustee name**
1 Elizabeth Deborah
Munro
2 Colin Woodward
3Janet Reville
4 KayNewton
5 Emmajayne Worrell
6 Sue Giles
7 Siobhan Steel
8 Vacant|**Ofce (if**
**any)**|**Dates**
**acted if**
**not for**
**whole**
**year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**| |---|---|---|---| ||Chair||| ||Vice Chair||| ||Treasurer||| ||||| ||||| ||||| ||||| ||/ Secretary||| Corporate trustees – names of the directors at the date the report was approved. **Director name** Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 Name of trustees holding title to property belonging to the charity |**Trustee name**
**Dates acted if not for**
**whole year**
**Funds held as custodian trustees on behalfof others.**
~~——~~|**Trustee name**
**Dates acted if not for**
**whole year**
**Funds held as custodian trustees on behalfof others.**
~~——~~|**Trustee name**
**Dates acted if not for**
**whole year**
**Funds held as custodian trustees on behalfof others.**
~~——~~|**Trustee name**
**Dates acted if not for**
**whole year**
**Funds held as custodian trustees on behalfof others.**
~~——~~| |---|---|---|---| |Descriptionof the assetsheldin this capacity.|||n/a| |Name and objects of the charity on whose behalf the|||n/a| |assets are held and how these falls within the custodian|||| |charity’s objects.|||| |Details of arrangements for safe custody and|||n/a| |segregation of such assets from the charity’s own assets|||| |**Additional information (optional)**|||| |**Names and addresses of advisers (Optional information)**|||| **Type of Name Address adviser Auditor Morannedd Ltd.** 26 Parsonage Lane, CM23 5BG ~~ee~~ **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **We only have trustees.** ~~a~~ **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Elizabeth Deborah Munro ~~ee~~ **Position** Chair ~~ee~~ Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 ## **Date** ## **24.04.24** Parsonage Residents Association Charity No 243905 TAR 01.01.22 – 31.12.2022 AMD tAr2MOlllJNt ACI unti rovi Yvll Ji t*¢E¥wEfqztszJ 4,S*i 4*JAI 1 *?.41 yJtH¥ VJ 72 T￿2 4¥ 74*y3 Lryy 32.ry *5 i*) lllL -1 L¥¥ t ￿.￿r￿j I-LIYL 'VlI Yt*ii PAR501IAGE RES￿￿￿5 ILSSttIATI( B￿LAN￿ SHEEf AS AT 31 DECEk8ER ￿23 F[xEDA5S￿5 27,843.tKI 27B43. 471.tKI 471 SwiFrnt 1021&PB B.031.t IOJMfj -7.1fl1 2.187. FI￿ ffttiry5 ].701 -18.415. 21.667.tn 15,351.12 TOTAL FUEDASSErs 45,85P.J) 4g.4g5 ASS￿5 5.625.76 Ig.131 9,0￿.[4 15.0￿.[￿ 31e.io 2g,g82. CUFIREKf LLUBILrtES Ryl¥ hirer5' kw c*rt5 (hxa5iDrL31 hJ'tH5' tkpyj'ts IEld 875.[ 1.3txi.t 2.175.tK) NEfcuRREKfMsErs 27,807.80 TOT￿ ASS￿5 73,6fj7.(KI 75.879 3,tiiJi.(Ki bri113tsy re5erw@ RE43irEJ iQf Relevant professional qualification{s) or body (if any): moran1￿th Lld Chartered Certifbed Accountar Address". Bishops Sto IER October 2018