REGISTERED CHARITY NUMBER: 269461
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE
T DECEMBER 2023
FOR
OULTON COMMUNITY ASSOCIATION
T.A. Knell
Tlie Ridiiigs
5 Borrow Road
Oulion Broad
Lo￿t510ft
SulTolk
NR32 3PN

OULTON COMMUNITY ASS<KIATION
CONTENTS OF THE FINA
TA TEMENTS
FOR THE YEAR ENDED 3 1ST DEC
20
Page
Report of the Trusttts
Independent Eiaminerfs Repoff
Statement of Financial Activities
Statement of Financial Position
Noies to the Financial Statements
DEtailcd Stalemeni of Financial Activiiies
10

ULTON COMMUNITY ASSOCIATION
REPORT OF THE TRL.STEES
FOR THE YEAR ENDED 3 1ST DECE,MBER
The trusiees preseni their rep(Kt wilh the financial stalemenls of the charity for the year ended 3 Isl December 2023. The
trustecs have adoptcd the provisions of Accounting arbd Reporting by Chariiies= Ststement of Recommended Practice
ppli¢able lo charities preparing their accounts in accordance with the Financial ReTX)rting Standard applicable in the
UK and Republic of Ireland (FRS 1021 {effective l Januatv 2019).
STRUCTL'RE, GOVERNANCE AND MANAGEMENT
Governing docurnent
The charity is conlrolled by its governing docuinenl. a deed of trust and constitutes an un1ncor￿raied charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Regi$tered Charlty number
269461
Principal addrt5S
Oulion Community Centre
Meadow Road
Oulton
Low'e5toft
Suffolk
NR32 3AZ
Trustees
Mrs J Hinton (resigned 7.5.2023)
R Hinton (resigned 7.5.20231
Mts P Robinson
Mrs M King
K Robin50n (appointed 21.5.2023)
E Back (appointed 21.5.202i)
T Knighis lappointed 24.2.2024)
Independent Ex2miner
Thomas Alexander Knell
T.A. Knell
The Ridiiig5
5 Borrow Road
Oulton Broad
Lowesloft
Suffolk
NR32 3PN
Approved by order of the board of trustees on l st August 2014 and signed on its behalf by..
K Robins
- Trustee
Page I

INDEPENDENT EXAMINER'S REPORT TO THF. TRIJSTEES OF
OULTON COKIN4LINITY ASSOCIATION
Independent exarniner's report lo the tru5tee5 of Oulton Communiti. A%sociation
r¢pori lo the Lh<2rii!- triisiees on nil- exaii)iiiaiion of Ihe accoun15 of Ouli()n C(Iminuniiy Association (the Trust) for the
year ended 31st December 2023.
Responsibtlities and bAsis of report
A5 the charity Irusiees of Ihe Tmsi %"ou are responsible for ihe preparntion of the accounts in accordallce ￿1th ilie
rcquireiMen15 of the Charities Act ?0 I I I'ihe Aci'i.
I report in respect of mv examination of the Tnjst's atcounts carried oui under Seaion 145 of the Act and in carn'ing out
n)y examination I have follo￿ed all applicable Direciions given bi. the Charil! Cvmmission under %ection 14i15llbl of
the Act.
Independent examiner's 5t8tement
I have cornpleied m%, e.Yaminaiion. l Confim) ihai niaieriol inatters have comc to MN. attention in connection iviih the
examination 8Lving me cause to believe ihai in any maierial respect..
accounting records ￿ere not kept in respect of the Trust as required bj Section 130 of the Act.. or
the accounts do not accord wilh those records.. or
the accounts do not compl!. with ihe applicable requiremen15 concernin£ the fomi and conteni of a¢collntS Sel oul
in the Chariiies IAccounls and Rep)rts) Regulaiions 2008 other than an!. requirement that the accounis ¥iwe a
true and fair view. w'hich ts not a mailer considered as part of an Éndependent examinaiion.
I hal'e no concems and have come across no oiher motters in connection ii'ith the examinaiion lo ￿thIch attention should
be diawn in This report in order lo enable a propcr under5tandinR ofihe accounis to be ￿aChed.
I'homa5 Alexartder Knell
T.A. Knell
The Ridings
5 BotroM Road
Oulion Broad
Low'esioft
SutTolk
NR3? 3PN
Isl August 2024
Page 2

LTON COMMUliITY AS5(flATION
TATEMENfoF FIYANCIAL ACTIVITIES
R ENDED 31ST DECEMBER2023
FO
202!
Tot21
funds
Vnreslricled
funds
Notes
INCOME AND ENDOWMEwfs FROM
Donations and legacies
15.085
15,478
Other irading activities
32.594
28.410
Tot41
47.679
43.888
EXPENDITURE or4
Raising funds
Raising donations and legacies
47.995
80.815
47,995
80.815
NET INCOMEI{EXPENDITURE)
(3101
{36.927}
RECONCILIATION OF FUNDS
Total funds brought forward
70.647
107.574
TOTAL FUNDS CARRIED FORWARD
70.331
70,647
COIYTIYUING OPERATIOTriS
All income and expendiiure has arisen froTn continuing activities.
The notes fomi part of ihese financial state￿￿Trts
Page 3

LT
MMUNITY ASSOCIATION
FINANCIAL POSITION
31ST DECEMBER
20?3
UDrestrtcted
fiFnds
1022
Total
funds
Notes
FIXED ASSETS
Tangible assets
44.659
44,082
CURRENT ASSETS
Debtors
Cash at bank
3.663
24.949
26,633
28,612
27,835
CREDITORS
Amounts falling due within one year
12,940)
(1.270}
NET CURRENT ASSETS
25.672
26,565
TOTAI. ASSETS LE￿ CURRENT
LIABILITIES
70.331
70,647
NET ASSETS
70,331
70.647
FUNDS
Unrestricied funds
70.331
70,647
TOTAL FUIYDS
70,331
70.647
The financial 5tatement5 were approved by the Board of Trustee5 arKI authori5ed for issue on 1st August 2024 and were
Signed on its behalf by..
K Robinson - Trustee
The notes forni part of these financial siatemenrs
Page 4

OULTON COMMUNITY AS￿lATIoN
OTES TO THE FINAWCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
ACCOUNTING POLICIES
BMsi$ of preparing the finan¢ial sfittments
The financial siaiements of the charity. which is a public benefit entily under FRS 102. have been prepared i
corilance with the Charities SORP {FRS 1021 'Accounting and Reporting by Charities.. Siatemenl of
Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 20191,.
Financial Rewrting Standard 10? 'The Financial R¢rrt)rting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial 51ateTncnts have been prepared under the hislDrical cost
convention.
INcorRe
All incorne IS Tecognised in the Siatement of Financral Aclivilies once the charity has entitlement to the funds. it
is probable rhat the income will be received and ihe anM)uni tan be measured reliably.
Expenditure
Liabilities are recognised A5 expenditure as 5(yon as there is a legal or consirudive obligation con)mitiing the
charily to that expendirure. ti is probable thai a trdn5fer of econotnsc benefits will be required ill settlement and
the amouni of the obligation can be Tneasured reliably. Ex￿ndIt￿re is accounied for on an acc￿alS basis and has
en cla55ified under headings that aggregaie all CO￿ relaied to ihe category. Wheie costs cannot be directly
ttributed to particular headirtgs they have bttn allijcaied io activiries on a basis consisteni with tlie use of
resources.
Tangible fixed a5sel$
Depreciation is provided at the following annual Tales in order io write off each asset over iis esiimated useful
Fixlures and fittings
on reducing balance
Taxation
The charity is exempi from lax on ils chariiable aclivilic5.
Fund arygunling
Unr¢strided fvnds can be used in accordance iviih the charitable objectives at ihe discrelion of tlie iru5tee5.
Re5tri¢ted funds can only be used for particular restricted purposes within the object5 of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular rotricted purposes.
Further explanation of the nalure and purpose of vach fund is included in Ihe notes io ihe finailcial slatements.
PeN51011 Costs and other post-￿tirement benefits
The charity operdte5 a defined Contribution pension scheme. Coniribuiions payable to the charity's pen510
scheme are charged to the Staternent of Financial Activities in the peritrj to which tho relate.
OTHER TRADING ACTIVITIES
2022
Rent frorn hire of hall including joining and affiliation fees
32.594
28.410
Page 5
continued...

ULTON COMMUNITY ASSOCIATION
NOTE5 TO THE FINANCIAL STATEMENTS- continy
FOR THE YEAR EN'DED 31ST DECEMBER 2023
TRU5TEES' REMUNERATiof4 AND BEf4EFJTS
There were no trJstee5' remuneration oi other benefits for the year ended 31 si December 2023 nor for the ycar
ended 3 1st December 2022.
Tru5tee5' expEnSes
There were no rrnstees. expenses paid for the year ended 31si tk(¢mber 2023 nor for the year ended
315t December 2022.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestiicied
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
15,478
other trading aciivities
28.410
Total
43,888
EXPENDITURE ON
Raising funds
Raising donaliorts and legacies
80.81.f
80,815
NET INCOMEI(EXPENDITURE)
(36,927)
REC0Tr4CILIATION OF FUNDS
Total funds brought forw'ard
107,574
TOTAL FUYDS CARRIED FORWARD
70.647
Page 6
continued...

OULTON COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST DECEMBER ?023
TANGIBLE FIXED ASSETS
Fixlures
and
fittings
Long
leasehold
Totals
COST
At 1st January 2023
Additions
42.967
1.947
1,000
44,914
1.000
At 3 1st December 2023
42.967
2,947
45.914
DEPRECIATION
At I st January 2023
Charge for year
83?
423
832
423
At 315t Decernber 2023
1.255
1.255
NET BOOK VALUE
At 31 st December 2023
42.967
1.692
44.659
At 31 st December 2022
42.907
44.082
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Debtors
3.663
1.202
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditors
Taxation and social security
2,765
175
804
466
2,940
1,270
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
Ai l.1_23
Unrestricted funds
GENERAL
70.647
(3161
70.331
TOTAL Fuf4DS
70.647
13161
70,331
Page 7
¢ontinlled...

OULTON COMMUNITY Ass(￿lATIoN
NOTES TO THE FINAN"CIAL STATEMEN"'TS- continued
FOR THE YEAR ENDED 31ST DECEMBER ?023
MOVEMENT IN FUNDS- eontinutd
movement in firnds. included in the above are as follows:
Incoming
Resources
expended
Movement
in thnd5
Unreytricted funds
GENERAL
47,679
{47,995)
(316)
TOTAL FUNDS
47.679
(47.995}
(3161
Comp¥rgtive5 for movemenl in [￿ndS
N¢1
movement
in funds
At
31.12.22
At 1.122
UnrestrT¢ted funds
GENERAL
107.574
(36.927)
70.647
TOTAL FiiNDS
107,574
136,927)
70,647
Cornpardiiye net movement in fund5. rncluded in the at*)ve are as follows..
Incoming
resource5
Resources
expended
Moveinent
in fvnd5
Unrestrleted funds
GENERAL
43,888
(80.815)
136,9271
TOTAL FUNDS
43.888
(80.8151
(36.927)
A current year 12 months and prior year 12 months combined position is as follows..
'et
movement
in funds
Al
31.12.23
Ai 1.1.22
Unrestricted funds
GENEFiAL
107.574
(37.243}
70,33 1
TOTAL FUNDS
107.574
137,2431
70.331
Page 8
ontinued...

OULTON COMMUNITY
ATION
NOTES TO THE FINANCIAL STATEMENTS-
FOR THE YEAR EliDED 31SI DECEMBER 2023
ntinu
MOVEMENT IN FLNDS- cothtitsued
A current year 12 months and prior year 12 months Combined net rnovemellr in funds. includtd in the above are
a5 follows..
Incoming
resources
Resources
expended
Moveynent
in fund5
Unreslricteil funds
GENERAL
91,567
(128,810}
(37.2431
TOTAL FUNDS
91.567
(128.810)
(37.2431
RELATED PARTY DISCLOSURES
There were no related party transactions for ihe year ended 3 1st December ?023.
Page 9

OULTON COMMUNITY ASS(KIATIO
DETAILED STATEMENT OF FIN
NCIAL A
TIVITIE
FOR THE YEAR ENDED ilST DECEMBER 20?3
?023
?0??
INCOME AND Ef4tK)WMEP4TS
Donations and legieies
Donaiions received
Granis receÈved
15.0fj4
15.478
15.085
1 S.478
Other trading activitie5
Rent frorn hire of hall illclvding joinino and
a￿lItatIOn fees
j?.594
?8.410
Total incoming resourtes
47.679
EXPENDITURE
R4isiDg donations and legacie5
Centre rnanagerfs salaTr' and caretaking
Pen510TiS
Water and seiverage
In5urallce
Li2ht I￿at
Telepholle and wstsge
Printin4. stationery and advertising
Sundries
Repain and renewals
Perforniing Riohts subscrTrprion
Clearting marerials
Accounianc)
Re￿Se colleciion
Field mainiemance
Pro￿rtY repairs
Websiie mainienance
Bank char(Tes
Funeral donation
Mileage
Legal ftts
Fi¥tures and fittin85
16.600
379
732
1.051
6.i24
578
774
4?9
1.771
177
37)
61$
J.508
100
1.71)4
3.155
355
517
248
1.672
120
809
25Q
70)
47,786
i?0
7?
87
3.?06
4?3
279
47.995
80.815
Total resourtES elpended
47.99.S
80.815
Net expenditure
1316)
li6.927}
This pa4e d[￿5 fom? pafl ofihe statuwri, financial 5taternents
Page 10