CHARITY REGISTRATION NUMBER- 253170 St Stephen's Community Association Unaudited Financial Statements 28 February 2023 PUBGESS HODGSON LL chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN
St Stephen's Community Association Financial Statements Year ended 28 February 2023 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not form part of the financial stalemenls Delailed statement of f inancial activities 15 Notes to the detailed statement of financial activities 16
St Stephen's Community Association Trustees, Annual Reporl Year ended 28 February 2023 The Irusle8s present their report and the unaudited financial statements ol the charity for the year ended 28 February 2023. Reference and admlnlstratlve detalls Registered charity name Sl Stephen's Community AssociatlDn Charlty regislralion number 253170 Prlnclpal offlce Tenlerd&n Drive Canterbury Kent CT2 78N The trustees S Shiplon A Gough R Gough A Zinzan Independent examiner BURGESS HODGSON LLP Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN Structure, governance and management The governing document is the charitys constilullon whlch was originally agreed on 6th July 1981, and was amended on 26th April 2013. The Managefflenl Committee consists ol al least six members who are elocled al the Annual General Meeting. They have the power lo appoinl a Chairman, Secretary, Treasurer and other ollicèrs as they deem necessary. Trustees are appointed by Ihe Executive Committee, and the numbèr ol trustees shall not be less than 2 or more than 5. The major risks lo which the chayity is exposed have begn reviewed, and systems have been pul in place lo miligale this risk. Publlc Benetit In selling the activities and purposes of the Association the Trustees have taken regard to the Gharily Commission's guidance on Public Benefit.
St Stephen's Community Association Trustees, Annual Report Iconllnuedj Year ended 28 February 2023 Oblectlves and acllvltles St Stephen's Community Association is a charity to promote the benefit of the inhabitants of Sl Stephens and the neighbourhood by associating with the local authorities, voluntary organisalions and inhabilanls in a common ellort to advance education and to provide lacililies in the interest ol social welfare lor recrealion and leisure lime occupation lo improve the condillon of life for the said inhabitants. The charity's aims are also lo improve the quality of life lor the residents ol St Stephen's ward in Canterbury and lo provide a local community building that can act as a locus lor developlng servi¢es and activities for local resid8nts. To help meet this aim, the charity has established a Community Centre lor activities in furtherance lo those outlined above. Sl Stephen's Community Association is a non-polilical, non-religious, unincorporated association. Achlevemenls and performance The last year has been quite slow lor Hall Hire bookings. The JGH Academy uses the hall during the day which gives us a regular monthly income bul the Sure Slarl building still has not been used. Many meetings and emails have been sent regarding LJS taking over the building which now looks like a possibility. We have an email from KKC, Alislair Brady IMEPI, which slates that they are awating a report from The Duke ol Edinburgh's International Award. Sure Slarl charges lor utilities aye no longer being paid although we have invoiced Ihern for £1,000.00 for plumbing repairs and heating costs for last winter, which has been paid. Other groups came some weeks bul had lo cancel as some due lo Covid amongst members so nothing was regular. Mainly only small childrens parties during the year but we are getting more enquiries for this coming year so hopefully this will increase. Financial review A surnmary ol the financial performance ol the charily lor th8 year ended 29th February 2022 is detailed below. 2023 2022 Income Charitable Exp8nsos Administration Expenses Delicil lor the year 29.616 42,144 970 21.605 26,858 876 13,498 6,129 Plans tor fulure periods The Sure Slarl building will play a big part in our lulure plans. We intend lo have a food bank collection point, a 'Mother & Baby, group and a Community calé where people can come and gel warm and chal lo others,. the plan is to start off with just lea, coffee and cake and lo later progress lo snacks lor lunchtime. We will have a committee member looking al granls available lor this purpose. Due lo Kingsmead Leisure Centre being closed for refurbishments for the next 18 months, we have groups coming lor Keep Fil classes in the evenings. A lol ol work needs lo be done lo gel our project up and running bul we are gelling assistance from Councillor Mel Dawkins al Canterbury City Gouncil {CCCI.
St Stephen's Community Association Trustees, Annual Report (conllnued) Year ended 28 February 2023 The trustees, annual report was approved on tr../as./23. and signed on behalf of the board ol Iruslees by.. S Shiplo Trustee A Zinzan Trustee
St Stephen's Community Association Independent Examiner's Report to the Trustees of St Slephen's Communily Association Year ended 28 February 2023 report to the Iruslees on rny examination ol the financial slatemenls ol Sl Stephen's Community Association I'the charily'l for the year ended 28 February 2023. Responsibilitles and basis of report As the Iruslees ol the charity you are responsible lor the preparab'on ol the financial slalemenls in accordance with the requirements ol the Charities Act 2011 I'lhe Act'l. I report in respÈcl ol my examination ol the charills financial slalemenls carried out under secllon 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Gharily Commission under section 14515llbl of the Act. Independent examlner's stalement I havo completed my examination. I confirm that no material mallers have come to my allenlion in connection with the examination giving Me cause lo believe Ihal in any malerial respect: accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord wlh those records; or the financial statements do not comply with the applicable requirements conceming the form and content ol accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a maller considered as part ol an independenl examinatlon. I have no concerns and have come across no other mallers In connection with the examination lo which attention should be drawn In thls report in order to enable a proper understanding ol the accounts lo be reached. RGE S HQDGS enl Examiner LLP Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
St Stephen's Community Association Statement of Financial Activities Year ended 28 February 2023 2023 Restricted funds Total lunds Total funds 2022 Unreslricled funds Notè Income and endowments Donations and legacies Charitable activities Investment income Other income 18,812 11,675 71 283 1,075 19,887 11,675 71 283 11,714 9,588 300 Total Income 30,841 1.075 31,916 21,605 Expendlture Expenditure on charitable activities Other expenditure Total expenditure 41,988 126 446 40 42,414 166 27,734 11) 42,094 486 42,580 27,734 Net expenditure and net movemenl In funds 111,2531 589 (10,664) 16,129) Reconciliation of funds Total funds brought forWd Total funds carrled forward 64,302 2,741 67,043 56,379 73,172 67,043 53,049 3,330 The statement of financial activities includes all gains and losses Yecognised in the year. All income and expenditure derive from continuing 8clivilies. The notes on pages 7 to 13 form part of these flnanclal statements.
St Stephen's Community Association Statement of Financial Position 28 February 2023 2023 2022 Note Fixed assets Tangible fixed assets 15 24,863 25,110 Current assets Debtors Cash al bank and in hand 16 3.330 29,625 32,955 2,037 41,232 43,269 Credltors.. amounts falllng due wlthln one year Net current assets 17 1,439 1,336 41,933 67,043 31,516 56,379 56,379 Total assets less current liabilltles Net assets 67,043 Funds ol the charlty Reslricled funds Unreslricled funds 3.330 53,049 56,379 2,741 64,302 Tolal eharlly funds 18 67,043 ial slalemenls were approved by the board ol Iruslees and aulhorised lor issue on and are signed on behalf of the board by.. S Shiplon Trustee A Zinzan Trustee The notes on pages 6 to 12 form part of these Ilnanclal sl8temont8.
St Stephen's Community Association Notes to the Financial Statements Year ended 28 February 2023 General information The charity Is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of Ihe prSncipal ollice is Sl Stephens Community Cenlre, Tenlerden Drive, Hales Place, Canlerbury, CT2 7BN. Statemanl of compllance These financial slalemenls have been prepared in compliance wqlh FRS 102, 'The Financial Reporting Slandard applicable in the UK and the Republic ol Ireland., the Statement of ecommended Practice applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Cha¥ities Act 2011. Accounting pollcies Basls of preparatlon The linanical statements have been prepared under the historical cost convention, and the requirements of, Accounting and Reporting by Charilles.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordanee with the Financlal Reportlng Standard lor Smaller Enlilies elle¢live 1 January 20151. Golng ¢on¢ern The accounls have been prepared on a going concern basis. The Trustees continue lo monitor the charitys ability tts continue as a going concern based on the bank balances held, and local authorities grant funding last year. The Trustees are satisfied that there are no material risks lo the business and conclude the financial slalements should continue lo be prepared on a going concern basis. Judgements and key sources of eslimation uncertainty The preparation ol the financial slalemenls requires management lo make judgements, gslirnates and assumptions that allecl the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and olher laGlors, including expectations ol future events that are believed lo be reasonable under the cirGumslanGes. Fund aecountlng Unrestricted funds are available lor use al the discretion ol the trustees lo further any ol the charills purposes. Designated funds are unreslricled funds eamiarked by the Iruslees lor particular lulure projecl or commitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms ol an appeal, and 1811 into one of two sub-classes.. reslricled income funds or endowment funds.
St Stephen's Communily Association Noles lo the Financial Statemenls Iconllnuedl Year ended 28 February 2023 Accounting policies (¢ontlnued) Incoming resources All income is included in the statement ol financial activities when enlillewenl has passed lo the charity, il Is probable that the economic benefits associated with Ihe transaction will flow lo the charity and the amount can be rellably measured. The following specific policies are applied lo particular categories ol income.. income from donations or grants is recognised when there is evidence ol enlitlemenl lo the gill, receipt is probable and ils amount can be measured reliably. Resources expended Expenditure is recognis8d on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings ol the statement ol financial activities lo which il relates- expendilure on raising funds includes the costs ol all fundraising activities, events, non- charitable trading aclivilies, and the sale ol donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activilies that furlher ils charitable aims for the benefit ol ils beneliciaries, including those supporl costs and costs relating lo the governance ol the charity apportioned lo charitable actimties. other expenditure includes all expenditure that is neither relal&d lo raising funds lor the charity nor parl of ils expenditure on Gharilable aclivilies. All costs are allocated to expenditure categories reflecting the use ol the resource. Direct costs allribulable to a single aclivily are allocated directly lo that aclivily. Shared costs are apportioned between the activities they contribute to on a reasonable, justitiable and consistent basis. Tanglble assets Tangible assets are initially recorded al cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreclallon Depreciation is calculated so as to wrilo oll the cost or valuation of an asset, less its residual value, over the useful economic life ol that assol as1051ows.' Leasehold Property Fixtures & Fillings Equipment Over the term ol the lease. 501¥/o Straight line 150/0 slraighl line Impalrment of flxed assets A review for indicalors ol impairment is carried out al each reporting dale, with the recoverable amount being eslimaled where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed lor possibl8 reversal al each reporting dale.
St Stephen's Community Association Notes to the Financial Stalements (¢Ollllnu@d) Year ended 28 February 2023 Accounting policie5 fconllnuJ Financial instruments A financial asset or a financial liability is recognised only when the enlily becomes a party to the oonlraclual provisions of the inslrumenl. Basi¢ lillancial instruments are initially recognised at the amount receivable or paable including any related transaction costs, unless the arrangement conslilutes a financing Iransaclion, where it is recognised al the present value ol the future payments discounted al a market rale ol interest lor a similar debl instrument. Current assets and currenl liabilities are subsequently measured al the cash or other consideralion expected lo be paid or received and not discounted. Donations and legacle$ Unreslricled Funds Flestricled Tolal Funds Funds 2023 Grants CGC Grant KCC Grant 1,075 1,075 Othei donatlons and legacles Contributions from Bar Club 18,812 18,812 18,812 19,887 1,075 Unrestricted Funds Reslricled Total Funds Funds 2022 Grants CCC Grant KCC Grant 4,282 4,282 Other donations and legacles Contributions from Bar Club 7,000 432 7,432 11,282 432 11,714 Charltable actlvltles Unreslricled Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Lelling receipts 11,675 11,675 9,588 9,588
St Stephen's Community Association Noles to the Financial Statements Iconiinuedj Year ended 28 February 2023 Investment Income Unreslricled Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Bank interest r8ceivable 71 71 Other income Unrestricted Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Other income 283 283 300 300 Expenditure on charitable activltles by lund lype Unreslricled Funds Reslricled Total Funds Funds 2023 Charitable activities Support costs 40,998 970 446 41,444 970 41,968 446 42,414 Unrestsicted Funds Restricted Total Funds Funds 2022 Charitable aclivilies Support costs 26,392 876 466 26,858 876 27,268 466 27.734 Expenditure on charilable aclivities by activlty type Activities underlaken directly Support costs Total funds 2023 Total fund 2022 Charitable activities Governance cosls 41,444 41,444 970 26,858 876 970 41,444 970 42,414 27,734 10. Other expendlture Unrestricted Funds Restricted Total Funds Funds 2023 Gainslllossesl on disposal ol tangible assets 126 40 166 10-
St Stephen's Community Association Notes to the Financlal Stalements {¢oniinu&d) Year ended 28 February 2023 10. Other expendlture (contlnu8d) Unreslricled Funds Reslricled Total Funds Funds 2022 Gainsllloss8sl on disposal of tangible assets 11. Nel expendilufe Nel expenditure is stated aller chargingl(creditingl'. 2023 2022 Depreciation ol tangible fixed assets Loss on disposal ol tangible fixed assets Fees payable lor the audit ol the financial slalemenls 1,383 166 970 1,479 876 12. Independent examlnation lees 2023 2022 Fees payable lo the independent examiner for.. Independent examination ol the financial statements 864 864 13. Statt costs The total stall costs and employee benefits lor the reporting period ar8 analysed as follows: 2023 2022 Wages and salaries 15,099 7,993 The average head count ol employees during the year was 312022.. 11. The average number ol lull-time equivalent employees during the year is analysed as follows.. 2023 No. 2022 No. Number ol administrative stall No employee received employee benefit8 ol more than £60,000 during the year12022.. Nill. 14. Trustee remuneration and expenses During the year, a business owned and operated by Mr A Gough, a truslee, was paid £180 lor roof repair2.
St Stephen's Community Association Notes to the Financial Slaternents (continued) Year ended 28 February 2023 15. Tangible fixed a5sels Leasehokl Fixlures and Properly littings Equipment Total Cost Al l March 2022 Additions Disposals At 28 February 2023 Depreciation Al l March 2022 Charge for the year Disposals At 28 February 2023 Carrying amount At 28 February 2023 At 28 February 2022 42,831 3,858 13,424 1,302 11,3451 13,381 60,113 1,302 {1,345) 60,070 42,831 3,858 20,862 436 3,858 10,283 947 11.1791 10,051 35,003 1,383 (1,179) 35,207 21,298 3,858 21,533 3,330 24,863 25,110 21,969 3,141 16. Debtors 2023 2022 Prepayments and accrued in¢oma 3,330 2,037 17. Creditors: amounts falling due wilhin one year 2023 2022 Accruals and deferred incom8 1,439 1,336 18. Analysis ot charitable tunds Unrestricted lunds At 28 February 2023 At 1 March 2022 Income Expenditure General funds 64,302 30,841 142,0941 53,049 At 28 February 2 022 At 1 March 2021 Income Expenditure General lunds 70,397 21,173 127,2681 64,302 The charity received no unreslricled grants during the year 12022: £4,282 Canterbury City Council).
St Stephen's Communily Association Notes to the Financial Statements leorjtlnued) Year ended 28 February 2023 18. Analysls of charltable funds (eoniinu*V) Restricted funds At 28 Fèbruary 2023 Al 1 March 2022 Income Expenditure Reslricled Funds 2,741 1,075 14861 3,330 Al 28 FebrLJary 2 022 At 1 March 2021 Income Expenditure Ftestricled Funds 2,775 432 14661 2,741 The charily has received reslricled grants from Kent County Council during the year of £1,075 12022.. £432- HMRCI. 19. Analysls of net assets between funds Unreslricled Funds Reslricled Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 21,533 32,955 {1,4391 53,049 3.330 24,863 32,955 (1,4391 56,379 3,330 Unreslricled Funds Restricted Total Funds Funds 2022 Tanglble Ilxed assets Current assets Creditors less than 1 year Net assets 22,369 43,269 11,3361 64,302 2,741 25,110 43,269 11,3361 67.043 2,741 13-
St Stephen's Community Association Management Information Year ended 28 February 2023 The lollowing pages do not form part of the Ilnan¢lal statements. 14-
St Stephen's Community Association Detailed Statement of Financial Activities Year ended 28 February 2023 2023 2022 Income and endowments Donations and legacies CCC Grant KCC Grant Contributions from Bar Club 4,282 1,075 18,812 19,887 7,432 11,714 Charitable activities Lelling receipts 11,675 9,588 Investment Income Bank interest receivable 71 Other income Olher income 283 300 Total income 31,916 21,605 Expendilure Expendlture on charltable actlvliies Wages and salaries Rates and water Light and heal Repairs and maintenance Ir)surance Legal and professional fees Telephone Other ollice costs Depreciation Sundry expen8è8 15.099 1.574 7,804 11,285 1,861 970 1,259 526 1,383 653 7,993 1,351 5,439 7,140 1,712 876 1,088 479 1,479 177 42,414 27.724 Olher expendlture Gainslllossesl on disposal of tangible assets 166 Total expendlture 42,580 27,734 Net expendilure {10,664) 16,1291 15.
St Stephen's Community Association Notes to the Delailed Statemenl of Financial Activities Year ended 28 February 2023 2023 2022 Expenditure on charttable activities Charitable aclivilies Activities underlaken directly Wag&slsalaries Rates & water Light & heal Repairs & maintenance Insurance Telephone Printing, postage, slalionery Depreciation Sundry expenses 15,099 1,574 7,804 11,285 1,861 1,259 526 1,383 653 7,993 1,351 5,439 7,140 1,712 1,088 479 1,479 177 41,444 26,858 Governance costs Independent examiners lees 970 876 Expendlture on charitable actlvlties 42.414 27,734 16.
CHARITY REGISTRATION NUMBER- 253170 St Stephen's Community Association Unaudited Financial Statements 28 February 2023 PUBGESS HODGSON LL chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN
St Stephen's Community Association Financial Statements Year ended 28 February 2023 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not form part of the financial stalemenls Delailed statement of f inancial activities 15 Notes to the detailed statement of financial activities 16
St Stephen's Community Association Trustees, Annual Reporl Year ended 28 February 2023 The Irusle8s present their report and the unaudited financial statements ol the charity for the year ended 28 February 2023. Reference and admlnlstratlve detalls Registered charity name Sl Stephen's Community AssociatlDn Charlty regislralion number 253170 Prlnclpal offlce Tenlerd&n Drive Canterbury Kent CT2 78N The trustees S Shiplon A Gough R Gough A Zinzan Independent examiner BURGESS HODGSON LLP Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN Structure, governance and management The governing document is the charitys constilullon whlch was originally agreed on 6th July 1981, and was amended on 26th April 2013. The Managefflenl Committee consists ol al least six members who are elocled al the Annual General Meeting. They have the power lo appoinl a Chairman, Secretary, Treasurer and other ollicèrs as they deem necessary. Trustees are appointed by Ihe Executive Committee, and the numbèr ol trustees shall not be less than 2 or more than 5. The major risks lo which the chayity is exposed have begn reviewed, and systems have been pul in place lo miligale this risk. Publlc Benetit In selling the activities and purposes of the Association the Trustees have taken regard to the Gharily Commission's guidance on Public Benefit.
St Stephen's Community Association Trustees, Annual Report Iconllnuedj Year ended 28 February 2023 Oblectlves and acllvltles St Stephen's Community Association is a charity to promote the benefit of the inhabitants of Sl Stephens and the neighbourhood by associating with the local authorities, voluntary organisalions and inhabilanls in a common ellort to advance education and to provide lacililies in the interest ol social welfare lor recrealion and leisure lime occupation lo improve the condillon of life for the said inhabitants. The charity's aims are also lo improve the quality of life lor the residents ol St Stephen's ward in Canterbury and lo provide a local community building that can act as a locus lor developlng servi¢es and activities for local resid8nts. To help meet this aim, the charity has established a Community Centre lor activities in furtherance lo those outlined above. Sl Stephen's Community Association is a non-polilical, non-religious, unincorporated association. Achlevemenls and performance The last year has been quite slow lor Hall Hire bookings. The JGH Academy uses the hall during the day which gives us a regular monthly income bul the Sure Slarl building still has not been used. Many meetings and emails have been sent regarding LJS taking over the building which now looks like a possibility. We have an email from KKC, Alislair Brady IMEPI, which slates that they are awating a report from The Duke ol Edinburgh's International Award. Sure Slarl charges lor utilities aye no longer being paid although we have invoiced Ihern for £1,000.00 for plumbing repairs and heating costs for last winter, which has been paid. Other groups came some weeks bul had lo cancel as some due lo Covid amongst members so nothing was regular. Mainly only small childrens parties during the year but we are getting more enquiries for this coming year so hopefully this will increase. Financial review A surnmary ol the financial performance ol the charily lor th8 year ended 29th February 2022 is detailed below. 2023 2022 Income Charitable Exp8nsos Administration Expenses Delicil lor the year 29.616 42,144 970 21.605 26,858 876 13,498 6,129 Plans tor fulure periods The Sure Slarl building will play a big part in our lulure plans. We intend lo have a food bank collection point, a 'Mother & Baby, group and a Community calé where people can come and gel warm and chal lo others,. the plan is to start off with just lea, coffee and cake and lo later progress lo snacks lor lunchtime. We will have a committee member looking al granls available lor this purpose. Due lo Kingsmead Leisure Centre being closed for refurbishments for the next 18 months, we have groups coming lor Keep Fil classes in the evenings. A lol ol work needs lo be done lo gel our project up and running bul we are gelling assistance from Councillor Mel Dawkins al Canterbury City Gouncil {CCCI.
St Stephen's Community Association Trustees, Annual Report (conllnued) Year ended 28 February 2023 The trustees, annual report was approved on tr../as./23. and signed on behalf of the board ol Iruslees by.. S Shiplo Trustee A Zinzan Trustee
St Stephen's Community Association Independent Examiner's Report to the Trustees of St Slephen's Communily Association Year ended 28 February 2023 report to the Iruslees on rny examination ol the financial slatemenls ol Sl Stephen's Community Association I'the charily'l for the year ended 28 February 2023. Responsibilitles and basis of report As the Iruslees ol the charity you are responsible lor the preparab'on ol the financial slalemenls in accordance with the requirements ol the Charities Act 2011 I'lhe Act'l. I report in respÈcl ol my examination ol the charills financial slalemenls carried out under secllon 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Gharily Commission under section 14515llbl of the Act. Independent examlner's stalement I havo completed my examination. I confirm that no material mallers have come to my allenlion in connection with the examination giving Me cause lo believe Ihal in any malerial respect: accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord wlh those records; or the financial statements do not comply with the applicable requirements conceming the form and content ol accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a maller considered as part ol an independenl examinatlon. I have no concerns and have come across no other mallers In connection with the examination lo which attention should be drawn In thls report in order to enable a proper understanding ol the accounts lo be reached. RGE S HQDGS enl Examiner LLP Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
St Stephen's Community Association Statement of Financial Activities Year ended 28 February 2023 2023 Restricted funds Total lunds Total funds 2022 Unreslricled funds Notè Income and endowments Donations and legacies Charitable activities Investment income Other income 18,812 11,675 71 283 1,075 19,887 11,675 71 283 11,714 9,588 300 Total Income 30,841 1.075 31,916 21,605 Expendlture Expenditure on charitable activities Other expenditure Total expenditure 41,988 126 446 40 42,414 166 27,734 11) 42,094 486 42,580 27,734 Net expenditure and net movemenl In funds 111,2531 589 (10,664) 16,129) Reconciliation of funds Total funds brought forWd Total funds carrled forward 64,302 2,741 67,043 56,379 73,172 67,043 53,049 3,330 The statement of financial activities includes all gains and losses Yecognised in the year. All income and expenditure derive from continuing 8clivilies. The notes on pages 7 to 13 form part of these flnanclal statements.
St Stephen's Community Association Statement of Financial Position 28 February 2023 2023 2022 Note Fixed assets Tangible fixed assets 15 24,863 25,110 Current assets Debtors Cash al bank and in hand 16 3.330 29,625 32,955 2,037 41,232 43,269 Credltors.. amounts falllng due wlthln one year Net current assets 17 1,439 1,336 41,933 67,043 31,516 56,379 56,379 Total assets less current liabilltles Net assets 67,043 Funds ol the charlty Reslricled funds Unreslricled funds 3.330 53,049 56,379 2,741 64,302 Tolal eharlly funds 18 67,043 ial slalemenls were approved by the board ol Iruslees and aulhorised lor issue on and are signed on behalf of the board by.. S Shiplon Trustee A Zinzan Trustee The notes on pages 6 to 12 form part of these Ilnanclal sl8temont8.
St Stephen's Community Association Notes to the Financial Statements Year ended 28 February 2023 General information The charity Is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of Ihe prSncipal ollice is Sl Stephens Community Cenlre, Tenlerden Drive, Hales Place, Canlerbury, CT2 7BN. Statemanl of compllance These financial slalemenls have been prepared in compliance wqlh FRS 102, 'The Financial Reporting Slandard applicable in the UK and the Republic ol Ireland., the Statement of ecommended Practice applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Cha¥ities Act 2011. Accounting pollcies Basls of preparatlon The linanical statements have been prepared under the historical cost convention, and the requirements of, Accounting and Reporting by Charilles.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordanee with the Financlal Reportlng Standard lor Smaller Enlilies elle¢live 1 January 20151. Golng ¢on¢ern The accounls have been prepared on a going concern basis. The Trustees continue lo monitor the charitys ability tts continue as a going concern based on the bank balances held, and local authorities grant funding last year. The Trustees are satisfied that there are no material risks lo the business and conclude the financial slalements should continue lo be prepared on a going concern basis. Judgements and key sources of eslimation uncertainty The preparation ol the financial slalemenls requires management lo make judgements, gslirnates and assumptions that allecl the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and olher laGlors, including expectations ol future events that are believed lo be reasonable under the cirGumslanGes. Fund aecountlng Unrestricted funds are available lor use al the discretion ol the trustees lo further any ol the charills purposes. Designated funds are unreslricled funds eamiarked by the Iruslees lor particular lulure projecl or commitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms ol an appeal, and 1811 into one of two sub-classes.. reslricled income funds or endowment funds.
St Stephen's Communily Association Noles lo the Financial Statemenls Iconllnuedl Year ended 28 February 2023 Accounting policies (¢ontlnued) Incoming resources All income is included in the statement ol financial activities when enlillewenl has passed lo the charity, il Is probable that the economic benefits associated with Ihe transaction will flow lo the charity and the amount can be rellably measured. The following specific policies are applied lo particular categories ol income.. income from donations or grants is recognised when there is evidence ol enlitlemenl lo the gill, receipt is probable and ils amount can be measured reliably. Resources expended Expenditure is recognis8d on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings ol the statement ol financial activities lo which il relates- expendilure on raising funds includes the costs ol all fundraising activities, events, non- charitable trading aclivilies, and the sale ol donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activilies that furlher ils charitable aims for the benefit ol ils beneliciaries, including those supporl costs and costs relating lo the governance ol the charity apportioned lo charitable actimties. other expenditure includes all expenditure that is neither relal&d lo raising funds lor the charity nor parl of ils expenditure on Gharilable aclivilies. All costs are allocated to expenditure categories reflecting the use ol the resource. Direct costs allribulable to a single aclivily are allocated directly lo that aclivily. Shared costs are apportioned between the activities they contribute to on a reasonable, justitiable and consistent basis. Tanglble assets Tangible assets are initially recorded al cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreclallon Depreciation is calculated so as to wrilo oll the cost or valuation of an asset, less its residual value, over the useful economic life ol that assol as1051ows.' Leasehold Property Fixtures & Fillings Equipment Over the term ol the lease. 501¥/o Straight line 150/0 slraighl line Impalrment of flxed assets A review for indicalors ol impairment is carried out al each reporting dale, with the recoverable amount being eslimaled where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed lor possibl8 reversal al each reporting dale.
St Stephen's Community Association Notes to the Financial Stalements (¢Ollllnu@d) Year ended 28 February 2023 Accounting policie5 fconllnuJ Financial instruments A financial asset or a financial liability is recognised only when the enlily becomes a party to the oonlraclual provisions of the inslrumenl. Basi¢ lillancial instruments are initially recognised at the amount receivable or paable including any related transaction costs, unless the arrangement conslilutes a financing Iransaclion, where it is recognised al the present value ol the future payments discounted al a market rale ol interest lor a similar debl instrument. Current assets and currenl liabilities are subsequently measured al the cash or other consideralion expected lo be paid or received and not discounted. Donations and legacle$ Unreslricled Funds Flestricled Tolal Funds Funds 2023 Grants CGC Grant KCC Grant 1,075 1,075 Othei donatlons and legacles Contributions from Bar Club 18,812 18,812 18,812 19,887 1,075 Unrestricted Funds Reslricled Total Funds Funds 2022 Grants CCC Grant KCC Grant 4,282 4,282 Other donations and legacles Contributions from Bar Club 7,000 432 7,432 11,282 432 11,714 Charltable actlvltles Unreslricled Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Lelling receipts 11,675 11,675 9,588 9,588
St Stephen's Community Association Noles to the Financial Statements Iconiinuedj Year ended 28 February 2023 Investment Income Unreslricled Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Bank interest r8ceivable 71 71 Other income Unrestricted Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Other income 283 283 300 300 Expenditure on charitable activltles by lund lype Unreslricled Funds Reslricled Total Funds Funds 2023 Charitable activities Support costs 40,998 970 446 41,444 970 41,968 446 42,414 Unrestsicted Funds Restricted Total Funds Funds 2022 Charitable aclivilies Support costs 26,392 876 466 26,858 876 27,268 466 27.734 Expenditure on charilable aclivities by activlty type Activities underlaken directly Support costs Total funds 2023 Total fund 2022 Charitable activities Governance cosls 41,444 41,444 970 26,858 876 970 41,444 970 42,414 27,734 10. Other expendlture Unrestricted Funds Restricted Total Funds Funds 2023 Gainslllossesl on disposal ol tangible assets 126 40 166 10-
St Stephen's Community Association Notes to the Financlal Stalements {¢oniinu&d) Year ended 28 February 2023 10. Other expendlture (contlnu8d) Unreslricled Funds Reslricled Total Funds Funds 2022 Gainsllloss8sl on disposal of tangible assets 11. Nel expendilufe Nel expenditure is stated aller chargingl(creditingl'. 2023 2022 Depreciation ol tangible fixed assets Loss on disposal ol tangible fixed assets Fees payable lor the audit ol the financial slalemenls 1,383 166 970 1,479 876 12. Independent examlnation lees 2023 2022 Fees payable lo the independent examiner for.. Independent examination ol the financial statements 864 864 13. Statt costs The total stall costs and employee benefits lor the reporting period ar8 analysed as follows: 2023 2022 Wages and salaries 15,099 7,993 The average head count ol employees during the year was 312022.. 11. The average number ol lull-time equivalent employees during the year is analysed as follows.. 2023 No. 2022 No. Number ol administrative stall No employee received employee benefit8 ol more than £60,000 during the year12022.. Nill. 14. Trustee remuneration and expenses During the year, a business owned and operated by Mr A Gough, a truslee, was paid £180 lor roof repair2.
St Stephen's Community Association Notes to the Financial Slaternents (continued) Year ended 28 February 2023 15. Tangible fixed a5sels Leasehokl Fixlures and Properly littings Equipment Total Cost Al l March 2022 Additions Disposals At 28 February 2023 Depreciation Al l March 2022 Charge for the year Disposals At 28 February 2023 Carrying amount At 28 February 2023 At 28 February 2022 42,831 3,858 13,424 1,302 11,3451 13,381 60,113 1,302 {1,345) 60,070 42,831 3,858 20,862 436 3,858 10,283 947 11.1791 10,051 35,003 1,383 (1,179) 35,207 21,298 3,858 21,533 3,330 24,863 25,110 21,969 3,141 16. Debtors 2023 2022 Prepayments and accrued in¢oma 3,330 2,037 17. Creditors: amounts falling due wilhin one year 2023 2022 Accruals and deferred incom8 1,439 1,336 18. Analysis ot charitable tunds Unrestricted lunds At 28 February 2023 At 1 March 2022 Income Expenditure General funds 64,302 30,841 142,0941 53,049 At 28 February 2 022 At 1 March 2021 Income Expenditure General lunds 70,397 21,173 127,2681 64,302 The charity received no unreslricled grants during the year 12022: £4,282 Canterbury City Council).
St Stephen's Communily Association Notes to the Financial Statements leorjtlnued) Year ended 28 February 2023 18. Analysls of charltable funds (eoniinu*V) Restricted funds At 28 Fèbruary 2023 Al 1 March 2022 Income Expenditure Reslricled Funds 2,741 1,075 14861 3,330 Al 28 FebrLJary 2 022 At 1 March 2021 Income Expenditure Ftestricled Funds 2,775 432 14661 2,741 The charily has received reslricled grants from Kent County Council during the year of £1,075 12022.. £432- HMRCI. 19. Analysls of net assets between funds Unreslricled Funds Reslricled Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 21,533 32,955 {1,4391 53,049 3.330 24,863 32,955 (1,4391 56,379 3,330 Unreslricled Funds Restricted Total Funds Funds 2022 Tanglble Ilxed assets Current assets Creditors less than 1 year Net assets 22,369 43,269 11,3361 64,302 2,741 25,110 43,269 11,3361 67.043 2,741 13-
St Stephen's Community Association Management Information Year ended 28 February 2023 The lollowing pages do not form part of the Ilnan¢lal statements. 14-
St Stephen's Community Association Detailed Statement of Financial Activities Year ended 28 February 2023 2023 2022 Income and endowments Donations and legacies CCC Grant KCC Grant Contributions from Bar Club 4,282 1,075 18,812 19,887 7,432 11,714 Charitable activities Lelling receipts 11,675 9,588 Investment Income Bank interest receivable 71 Other income Olher income 283 300 Total income 31,916 21,605 Expendilure Expendlture on charltable actlvliies Wages and salaries Rates and water Light and heal Repairs and maintenance Ir)surance Legal and professional fees Telephone Other ollice costs Depreciation Sundry expen8è8 15.099 1.574 7,804 11,285 1,861 970 1,259 526 1,383 653 7,993 1,351 5,439 7,140 1,712 876 1,088 479 1,479 177 42,414 27.724 Olher expendlture Gainslllossesl on disposal of tangible assets 166 Total expendlture 42,580 27,734 Net expendilure {10,664) 16,1291 15.
St Stephen's Community Association Notes to the Delailed Statemenl of Financial Activities Year ended 28 February 2023 2023 2022 Expenditure on charttable activities Charitable aclivilies Activities underlaken directly Wag&slsalaries Rates & water Light & heal Repairs & maintenance Insurance Telephone Printing, postage, slalionery Depreciation Sundry expenses 15,099 1,574 7,804 11,285 1,861 1,259 526 1,383 653 7,993 1,351 5,439 7,140 1,712 1,088 479 1,479 177 41,444 26,858 Governance costs Independent examiners lees 970 876 Expendlture on charitable actlvlties 42.414 27,734 16.
CHARITY REGISTRATION NUMBER- 253170 St Stephen's Community Association Unaudited Financial Statements 28 February 2023 PUBGESS HODGSON LL chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN
St Stephen's Community Association Financial Statements Year ended 28 February 2023 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not form part of the financial stalemenls Delailed statement of f inancial activities 15 Notes to the detailed statement of financial activities 16
St Stephen's Community Association Trustees, Annual Reporl Year ended 28 February 2023 The Irusle8s present their report and the unaudited financial statements ol the charity for the year ended 28 February 2023. Reference and admlnlstratlve detalls Registered charity name Sl Stephen's Community AssociatlDn Charlty regislralion number 253170 Prlnclpal offlce Tenlerd&n Drive Canterbury Kent CT2 78N The trustees S Shiplon A Gough R Gough A Zinzan Independent examiner BURGESS HODGSON LLP Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN Structure, governance and management The governing document is the charitys constilullon whlch was originally agreed on 6th July 1981, and was amended on 26th April 2013. The Managefflenl Committee consists ol al least six members who are elocled al the Annual General Meeting. They have the power lo appoinl a Chairman, Secretary, Treasurer and other ollicèrs as they deem necessary. Trustees are appointed by Ihe Executive Committee, and the numbèr ol trustees shall not be less than 2 or more than 5. The major risks lo which the chayity is exposed have begn reviewed, and systems have been pul in place lo miligale this risk. Publlc Benetit In selling the activities and purposes of the Association the Trustees have taken regard to the Gharily Commission's guidance on Public Benefit.
St Stephen's Community Association Trustees, Annual Report Iconllnuedj Year ended 28 February 2023 Oblectlves and acllvltles St Stephen's Community Association is a charity to promote the benefit of the inhabitants of Sl Stephens and the neighbourhood by associating with the local authorities, voluntary organisalions and inhabilanls in a common ellort to advance education and to provide lacililies in the interest ol social welfare lor recrealion and leisure lime occupation lo improve the condillon of life for the said inhabitants. The charity's aims are also lo improve the quality of life lor the residents ol St Stephen's ward in Canterbury and lo provide a local community building that can act as a locus lor developlng servi¢es and activities for local resid8nts. To help meet this aim, the charity has established a Community Centre lor activities in furtherance lo those outlined above. Sl Stephen's Community Association is a non-polilical, non-religious, unincorporated association. Achlevemenls and performance The last year has been quite slow lor Hall Hire bookings. The JGH Academy uses the hall during the day which gives us a regular monthly income bul the Sure Slarl building still has not been used. Many meetings and emails have been sent regarding LJS taking over the building which now looks like a possibility. We have an email from KKC, Alislair Brady IMEPI, which slates that they are awating a report from The Duke ol Edinburgh's International Award. Sure Slarl charges lor utilities aye no longer being paid although we have invoiced Ihern for £1,000.00 for plumbing repairs and heating costs for last winter, which has been paid. Other groups came some weeks bul had lo cancel as some due lo Covid amongst members so nothing was regular. Mainly only small childrens parties during the year but we are getting more enquiries for this coming year so hopefully this will increase. Financial review A surnmary ol the financial performance ol the charily lor th8 year ended 29th February 2022 is detailed below. 2023 2022 Income Charitable Exp8nsos Administration Expenses Delicil lor the year 29.616 42,144 970 21.605 26,858 876 13,498 6,129 Plans tor fulure periods The Sure Slarl building will play a big part in our lulure plans. We intend lo have a food bank collection point, a 'Mother & Baby, group and a Community calé where people can come and gel warm and chal lo others,. the plan is to start off with just lea, coffee and cake and lo later progress lo snacks lor lunchtime. We will have a committee member looking al granls available lor this purpose. Due lo Kingsmead Leisure Centre being closed for refurbishments for the next 18 months, we have groups coming lor Keep Fil classes in the evenings. A lol ol work needs lo be done lo gel our project up and running bul we are gelling assistance from Councillor Mel Dawkins al Canterbury City Gouncil {CCCI.
St Stephen's Community Association Trustees, Annual Report (conllnued) Year ended 28 February 2023 The trustees, annual report was approved on tr../as./23. and signed on behalf of the board ol Iruslees by.. S Shiplo Trustee A Zinzan Trustee
St Stephen's Community Association Independent Examiner's Report to the Trustees of St Slephen's Communily Association Year ended 28 February 2023 report to the Iruslees on rny examination ol the financial slatemenls ol Sl Stephen's Community Association I'the charily'l for the year ended 28 February 2023. Responsibilitles and basis of report As the Iruslees ol the charity you are responsible lor the preparab'on ol the financial slalemenls in accordance with the requirements ol the Charities Act 2011 I'lhe Act'l. I report in respÈcl ol my examination ol the charills financial slalemenls carried out under secllon 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Gharily Commission under section 14515llbl of the Act. Independent examlner's stalement I havo completed my examination. I confirm that no material mallers have come to my allenlion in connection with the examination giving Me cause lo believe Ihal in any malerial respect: accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord wlh those records; or the financial statements do not comply with the applicable requirements conceming the form and content ol accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a maller considered as part ol an independenl examinatlon. I have no concerns and have come across no other mallers In connection with the examination lo which attention should be drawn In thls report in order to enable a proper understanding ol the accounts lo be reached. RGE S HQDGS enl Examiner LLP Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
St Stephen's Community Association Statement of Financial Activities Year ended 28 February 2023 2023 Restricted funds Total lunds Total funds 2022 Unreslricled funds Notè Income and endowments Donations and legacies Charitable activities Investment income Other income 18,812 11,675 71 283 1,075 19,887 11,675 71 283 11,714 9,588 300 Total Income 30,841 1.075 31,916 21,605 Expendlture Expenditure on charitable activities Other expenditure Total expenditure 41,988 126 446 40 42,414 166 27,734 11) 42,094 486 42,580 27,734 Net expenditure and net movemenl In funds 111,2531 589 (10,664) 16,129) Reconciliation of funds Total funds brought forWd Total funds carrled forward 64,302 2,741 67,043 56,379 73,172 67,043 53,049 3,330 The statement of financial activities includes all gains and losses Yecognised in the year. All income and expenditure derive from continuing 8clivilies. The notes on pages 7 to 13 form part of these flnanclal statements.
St Stephen's Community Association Statement of Financial Position 28 February 2023 2023 2022 Note Fixed assets Tangible fixed assets 15 24,863 25,110 Current assets Debtors Cash al bank and in hand 16 3.330 29,625 32,955 2,037 41,232 43,269 Credltors.. amounts falllng due wlthln one year Net current assets 17 1,439 1,336 41,933 67,043 31,516 56,379 56,379 Total assets less current liabilltles Net assets 67,043 Funds ol the charlty Reslricled funds Unreslricled funds 3.330 53,049 56,379 2,741 64,302 Tolal eharlly funds 18 67,043 ial slalemenls were approved by the board ol Iruslees and aulhorised lor issue on and are signed on behalf of the board by.. S Shiplon Trustee A Zinzan Trustee The notes on pages 6 to 12 form part of these Ilnanclal sl8temont8.
St Stephen's Community Association Notes to the Financial Statements Year ended 28 February 2023 General information The charity Is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of Ihe prSncipal ollice is Sl Stephens Community Cenlre, Tenlerden Drive, Hales Place, Canlerbury, CT2 7BN. Statemanl of compllance These financial slalemenls have been prepared in compliance wqlh FRS 102, 'The Financial Reporting Slandard applicable in the UK and the Republic ol Ireland., the Statement of ecommended Practice applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Cha¥ities Act 2011. Accounting pollcies Basls of preparatlon The linanical statements have been prepared under the historical cost convention, and the requirements of, Accounting and Reporting by Charilles.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordanee with the Financlal Reportlng Standard lor Smaller Enlilies elle¢live 1 January 20151. Golng ¢on¢ern The accounls have been prepared on a going concern basis. The Trustees continue lo monitor the charitys ability tts continue as a going concern based on the bank balances held, and local authorities grant funding last year. The Trustees are satisfied that there are no material risks lo the business and conclude the financial slalements should continue lo be prepared on a going concern basis. Judgements and key sources of eslimation uncertainty The preparation ol the financial slalemenls requires management lo make judgements, gslirnates and assumptions that allecl the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and olher laGlors, including expectations ol future events that are believed lo be reasonable under the cirGumslanGes. Fund aecountlng Unrestricted funds are available lor use al the discretion ol the trustees lo further any ol the charills purposes. Designated funds are unreslricled funds eamiarked by the Iruslees lor particular lulure projecl or commitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms ol an appeal, and 1811 into one of two sub-classes.. reslricled income funds or endowment funds.
St Stephen's Communily Association Noles lo the Financial Statemenls Iconllnuedl Year ended 28 February 2023 Accounting policies (¢ontlnued) Incoming resources All income is included in the statement ol financial activities when enlillewenl has passed lo the charity, il Is probable that the economic benefits associated with Ihe transaction will flow lo the charity and the amount can be rellably measured. The following specific policies are applied lo particular categories ol income.. income from donations or grants is recognised when there is evidence ol enlitlemenl lo the gill, receipt is probable and ils amount can be measured reliably. Resources expended Expenditure is recognis8d on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings ol the statement ol financial activities lo which il relates- expendilure on raising funds includes the costs ol all fundraising activities, events, non- charitable trading aclivilies, and the sale ol donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activilies that furlher ils charitable aims for the benefit ol ils beneliciaries, including those supporl costs and costs relating lo the governance ol the charity apportioned lo charitable actimties. other expenditure includes all expenditure that is neither relal&d lo raising funds lor the charity nor parl of ils expenditure on Gharilable aclivilies. All costs are allocated to expenditure categories reflecting the use ol the resource. Direct costs allribulable to a single aclivily are allocated directly lo that aclivily. Shared costs are apportioned between the activities they contribute to on a reasonable, justitiable and consistent basis. Tanglble assets Tangible assets are initially recorded al cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreclallon Depreciation is calculated so as to wrilo oll the cost or valuation of an asset, less its residual value, over the useful economic life ol that assol as1051ows.' Leasehold Property Fixtures & Fillings Equipment Over the term ol the lease. 501¥/o Straight line 150/0 slraighl line Impalrment of flxed assets A review for indicalors ol impairment is carried out al each reporting dale, with the recoverable amount being eslimaled where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed lor possibl8 reversal al each reporting dale.
St Stephen's Community Association Notes to the Financial Stalements (¢Ollllnu@d) Year ended 28 February 2023 Accounting policie5 fconllnuJ Financial instruments A financial asset or a financial liability is recognised only when the enlily becomes a party to the oonlraclual provisions of the inslrumenl. Basi¢ lillancial instruments are initially recognised at the amount receivable or paable including any related transaction costs, unless the arrangement conslilutes a financing Iransaclion, where it is recognised al the present value ol the future payments discounted al a market rale ol interest lor a similar debl instrument. Current assets and currenl liabilities are subsequently measured al the cash or other consideralion expected lo be paid or received and not discounted. Donations and legacle$ Unreslricled Funds Flestricled Tolal Funds Funds 2023 Grants CGC Grant KCC Grant 1,075 1,075 Othei donatlons and legacles Contributions from Bar Club 18,812 18,812 18,812 19,887 1,075 Unrestricted Funds Reslricled Total Funds Funds 2022 Grants CCC Grant KCC Grant 4,282 4,282 Other donations and legacles Contributions from Bar Club 7,000 432 7,432 11,282 432 11,714 Charltable actlvltles Unreslricled Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Lelling receipts 11,675 11,675 9,588 9,588
St Stephen's Community Association Noles to the Financial Statements Iconiinuedj Year ended 28 February 2023 Investment Income Unreslricled Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Bank interest r8ceivable 71 71 Other income Unrestricted Total Funds Unreslricled Total Funds Funds 2023 Funds 2022 Other income 283 283 300 300 Expenditure on charitable activltles by lund lype Unreslricled Funds Reslricled Total Funds Funds 2023 Charitable activities Support costs 40,998 970 446 41,444 970 41,968 446 42,414 Unrestsicted Funds Restricted Total Funds Funds 2022 Charitable aclivilies Support costs 26,392 876 466 26,858 876 27,268 466 27.734 Expenditure on charilable aclivities by activlty type Activities underlaken directly Support costs Total funds 2023 Total fund 2022 Charitable activities Governance cosls 41,444 41,444 970 26,858 876 970 41,444 970 42,414 27,734 10. Other expendlture Unrestricted Funds Restricted Total Funds Funds 2023 Gainslllossesl on disposal ol tangible assets 126 40 166 10-
St Stephen's Community Association Notes to the Financlal Stalements {¢oniinu&d) Year ended 28 February 2023 10. Other expendlture (contlnu8d) Unreslricled Funds Reslricled Total Funds Funds 2022 Gainsllloss8sl on disposal of tangible assets 11. Nel expendilufe Nel expenditure is stated aller chargingl(creditingl'. 2023 2022 Depreciation ol tangible fixed assets Loss on disposal ol tangible fixed assets Fees payable lor the audit ol the financial slalemenls 1,383 166 970 1,479 876 12. Independent examlnation lees 2023 2022 Fees payable lo the independent examiner for.. Independent examination ol the financial statements 864 864 13. Statt costs The total stall costs and employee benefits lor the reporting period ar8 analysed as follows: 2023 2022 Wages and salaries 15,099 7,993 The average head count ol employees during the year was 312022.. 11. The average number ol lull-time equivalent employees during the year is analysed as follows.. 2023 No. 2022 No. Number ol administrative stall No employee received employee benefit8 ol more than £60,000 during the year12022.. Nill. 14. Trustee remuneration and expenses During the year, a business owned and operated by Mr A Gough, a truslee, was paid £180 lor roof repair2.
St Stephen's Community Association Notes to the Financial Slaternents (continued) Year ended 28 February 2023 15. Tangible fixed a5sels Leasehokl Fixlures and Properly littings Equipment Total Cost Al l March 2022 Additions Disposals At 28 February 2023 Depreciation Al l March 2022 Charge for the year Disposals At 28 February 2023 Carrying amount At 28 February 2023 At 28 February 2022 42,831 3,858 13,424 1,302 11,3451 13,381 60,113 1,302 {1,345) 60,070 42,831 3,858 20,862 436 3,858 10,283 947 11.1791 10,051 35,003 1,383 (1,179) 35,207 21,298 3,858 21,533 3,330 24,863 25,110 21,969 3,141 16. Debtors 2023 2022 Prepayments and accrued in¢oma 3,330 2,037 17. Creditors: amounts falling due wilhin one year 2023 2022 Accruals and deferred incom8 1,439 1,336 18. Analysis ot charitable tunds Unrestricted lunds At 28 February 2023 At 1 March 2022 Income Expenditure General funds 64,302 30,841 142,0941 53,049 At 28 February 2 022 At 1 March 2021 Income Expenditure General lunds 70,397 21,173 127,2681 64,302 The charity received no unreslricled grants during the year 12022: £4,282 Canterbury City Council).
St Stephen's Communily Association Notes to the Financial Statements leorjtlnued) Year ended 28 February 2023 18. Analysls of charltable funds (eoniinu*V) Restricted funds At 28 Fèbruary 2023 Al 1 March 2022 Income Expenditure Reslricled Funds 2,741 1,075 14861 3,330 Al 28 FebrLJary 2 022 At 1 March 2021 Income Expenditure Ftestricled Funds 2,775 432 14661 2,741 The charily has received reslricled grants from Kent County Council during the year of £1,075 12022.. £432- HMRCI. 19. Analysls of net assets between funds Unreslricled Funds Reslricled Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 21,533 32,955 {1,4391 53,049 3.330 24,863 32,955 (1,4391 56,379 3,330 Unreslricled Funds Restricted Total Funds Funds 2022 Tanglble Ilxed assets Current assets Creditors less than 1 year Net assets 22,369 43,269 11,3361 64,302 2,741 25,110 43,269 11,3361 67.043 2,741 13-
St Stephen's Community Association Management Information Year ended 28 February 2023 The lollowing pages do not form part of the Ilnan¢lal statements. 14-
St Stephen's Community Association Detailed Statement of Financial Activities Year ended 28 February 2023 2023 2022 Income and endowments Donations and legacies CCC Grant KCC Grant Contributions from Bar Club 4,282 1,075 18,812 19,887 7,432 11,714 Charitable activities Lelling receipts 11,675 9,588 Investment Income Bank interest receivable 71 Other income Olher income 283 300 Total income 31,916 21,605 Expendilure Expendlture on charltable actlvliies Wages and salaries Rates and water Light and heal Repairs and maintenance Ir)surance Legal and professional fees Telephone Other ollice costs Depreciation Sundry expen8è8 15.099 1.574 7,804 11,285 1,861 970 1,259 526 1,383 653 7,993 1,351 5,439 7,140 1,712 876 1,088 479 1,479 177 42,414 27.724 Olher expendlture Gainslllossesl on disposal of tangible assets 166 Total expendlture 42,580 27,734 Net expendilure {10,664) 16,1291 15.
St Stephen's Community Association Notes to the Delailed Statemenl of Financial Activities Year ended 28 February 2023 2023 2022 Expenditure on charttable activities Charitable aclivilies Activities underlaken directly Wag&slsalaries Rates & water Light & heal Repairs & maintenance Insurance Telephone Printing, postage, slalionery Depreciation Sundry expenses 15,099 1,574 7,804 11,285 1,861 1,259 526 1,383 653 7,993 1,351 5,439 7,140 1,712 1,088 479 1,479 177 41,444 26,858 Governance costs Independent examiners lees 970 876 Expendlture on charitable actlvlties 42.414 27,734 16.