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2023-04-30-accounts

Annual Report, 2022-2023

It’s fair to say that, although the Covid crisis now seems a somewhat distant memory, we are still experiencing some fallout from the pandemic. This was seen at the start of the year with some of our volunteers being more reluctant to participate in our activities than in the past. However, I feel we are now past that and are virtually back to normal. Having said that, “normal” doesn’t mean it’s easy recruiting volunteers – that remains a critical activity.

Organisations like ours depend on key individuals, not only those who complete the day-today tasks, but those who manage the delivery of our services and take on additional responsibilities. Our challenge this year will be to ensure we have backup for our Treasurer and other team leaders who enable us to provide our broad range of services.

This year we changed our door-to-door collection away from December to spring. This was because of the intense activity around Christmas with Lights-Up (Santa’s Sleigh and collection) and our Singalong. Having the door-to-door too was one activity too many. Holding it in spring was a success but on reflection we should avoid the Easter break in future. We are delighted that the Harpenden Rotary have generously agreed to make WCG one of their supported charities when holding their Classics on the Common event in July.

We are seeing an increase in the number of people being referred to us for support – this is across all activities from delivering transport for medical appointments to the provision of financial and personal support. This year we will again support pupils transitioning to secondary education by providing a stationery pack and scientific calculator.

Our Community Secretary Bel Bluemel personally meets individuals and families that contact us and are in need of help. These may have been referred by one of the dozen or so organisations we have built a relationship with. Many of our clients self-refer and for some it is more than the first time they’ve needed help.

Bel assesses each case and recommends how best we can help. This year has seen a growing need in the community because of the financial situation with families in particular struggling to make ends meet. As in the past, we help through the provision of food vouchers and purchasing household items such as beds, white goods, shoes, floor coverings, fuel bills and so on. We also have a demand for gardening support for those unable to manage – often the elderly or disabled. Unfortunately, this is one area we struggle to meet the growing need.

John Gladwin runs the Wheathampstead Dementia Wellbeing Group who are delighted to have joined the WCG this past year. The Group meets twice a month in the Memorial Hall except August and December (when they go out for a Xmas lunch). The group is made up of both carers and people with dementia and has a strong team of helpers. The first meeting in the month is café style and often has professional visitors to contribute to the demands on members. The second would normally have a speaker, music group, drama etc. Once a quarter the club goes out to lunch at a local pub, garden centre or places that can meet their needs. It has its own small Committee which settles the programme and the arrangements for each gathering.

----- Start of picture text -----
Resident Tony
befriended by Michelle
----- End of picture text -----

Caroline Cordery manages the Companionship Service which continues to offer support to lonely people across the village. At present there are 8 individuals matched with befrienders – but this number varies according to need and the availability of volunteers. All the befrienders do an amazing job, offering their time and support to a vulnerable or lonely person. They make a real difference to somebody’s life often resulting in a genuine friendship across the generations. Caroline works closely with our sister group the Wheathampstead Friends.

Mary Walsh has taken over the management of our Transport Service with Dexter Ghelfi continuing to provide IT support. This year we’ve helped local residents with 444 lifts to medical appointments and the demand

continues to grow. These lifts are mainly provided to elderly

residents going to Hertfordshire hospitals but also to doctors’ surgeries, opticians and dentists.

We have 40 wonderful volunteer drivers with each driver able to volunteer for as few or as many journeys as they like. There is also an equally essential small team of 5 who take the calls and match drivers to the journeys.

Peter Woods leads our Thursday Club supported by a band of volunteers. The Thursday Club provides companionship and support to residents over 60, unable to access other activities without support, or need day to day care either from a carer or family member. The Club, which meets every Thursday, in the Mead Hall in East Lane in term time, provides friendship and entertainment, with lunch, tea and coffee. Val Hughes will be taking over from Peter next term. I’d like to thank Peter for all the hard work he has put into the club having taken over from David Law and restoring it to pre-Covid operation.

Louise Canfield with Lucinda Pilkington organises and runs our Santa’s Sleigh collection and

the grotto held at the village’s lightsup ceremony. This is an important source of revenue to the organisation, and we are grateful to Louise and all of her supporting volunteers for all the effort they put in at this very busy time of the year. Picture shows Santa preparing for a trip around the village. Louise also helps with our marketing along with Morwenna Ellis .

Our biggest problem remains finding volunteers. As with previous years, we still need new drivers for hospital visits, befrienders for lonely individuals or handymen to help an elderly person, this remains a major challenge. Everyone involved in the Community Group is a volunteer. So apart from those already mentioned, a special thanks also to my Vice-Chair, Anne Howie , our Secretary, Sarah Millac and our Treasurer, Mike Greensmith whose report follows below.

Here is a brief summary of our recent activities:

Mike is shown presenting stationery packs to primary school leavers.

Finally, I would like to thank the residents of Wheathampstead for their financial support and special thanks to the volunteers who help us with our work. Without either, there would be individuals or families in the village who would suffer unnecessarily.

David Johnston (Chair)

Financial Summary for Financial Year 1[st] May 2022 to 30[th] April 2023

Our financial position continues to remain very strong. Total funds at the end of the financial year were approaching £ 80,000. Despite record breaking levels of direct charitable expenditure, very successful fund-raising efforts resulted in a £ 5,170 gain in the year.

Income totalled £ 35,855 and reflected:

Expenditure of £ 27,858 included:

Numbers shown on next page.

Pupils making use of the Jigsaw teaching aide we funded for Beech Hyde school.

FIna￿l￿1 Year. Fltwtxlal Year: INCQ Coll•rtlons & Dor¥tl¢ Annual appeal Santa Sleigh Cdlections Collection box w¢xeeds Don3tiOn5 from i￿ll￿dual5 Client Contributions DonatiOn5 from Organisations Wheatharnp5tead Parish Council other VillaBe Day Want Stall john Bunyan Chanty Day Carol SingalLY WTC Fund Raisir other Gift Aid Investment IncThne 5.659 3,823 135 12,028 3,172 259 1,136 1,594 79 9Crt) EXPENDITURE Dired Charitable Expenditure Fund raisin8 costs Charity tynnlng ctssts 21,215 1,140 5,503 27￿58 15.867 4,208 20.881 T￿al Exwndlture 2,304 6,917 Excess Income overexpenditure 7,997 970 Grants- from= Gain on Investment Valuation 12,8281 Ev•nts- Proc•ed5 Irom.. 294 1.353 456 370 Total Gi5n In Yeir £ 5,170 £ 3.676 202 115 547 1,819 Other Inrrffie 4,896 2,484 ASSETS Cash Hand and at IrNestsn¢nts 30,584 48,962 28,108 46.269 TLal IrKorne £ 35.855 £ 21,851 TL•l A55ets £ 79,547 £ 74.377 Mike Greensmith (Treasurer)

REGISTERED CHARITY NUMBER: 269899

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL2023 FOR WHEATHAMPSTEAD COMMUNITY GROUP

1

WHEATHAMPSTEAD COMMUNITY GROUP

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

Page
Report of the Trustees 3 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8
Detailed Statement of Financial Activities 9 to 10

2

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023

MEMBERS OF THE BOARD OF TRUSTEES

Mr David Johnston

Mr Michael Greensmith

Ms Sarah Millac

Ms Anne Howie

ACHIEVEMENTS & PERFORMANCE

It has been another record-breaking year for Wheathampstead Community Group (WCG). All areas of our operations have expanded, and we have brought the Wheathampstead Dementia Wellbeing Group under the WCG umbrella. We have expanded our partnership with Wheathampstead Friends to provide an effective and efficient Companionship network across the Wheathampstead parish.

The decision was made to change the timing of our Annual Appeal from Christmas to Easter. This was generally received by all and raised funds slightly above 2021 levels. Whilst these accounts only reflect a major part of funds raised from the 2023 Appeal, other donations (including £6,682 from the wind-up of Wheathampstead United Charities), increased gift aid and a return of our other fund-raising events result in total incoming resources of £35,855 in the year, compared to £21,851 in 2022/23.

Expenditure on the direct support to our community increased to £21,215 (from £15,086 in 2021/22). This includes the following activities:

Thank you to all our Executive Committee and our hard-working volunteers, without whom this all would not be possible.

FINANCIAL RESULTS

The charity’s income for the year was £35,856 (2022 - £21,851) and expenditure was £27,858 (2022 - £20,881) giving a surplus before loss on revaluations of investments of £7,998 (2022 - £970).

Total funds carried forward are £79,547 (2022 - £74,377).

3

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

RISK MANAGEMENT

The trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established procedures to manage those risks.

The trustees consider variability of investment returns and market value to constitute the charity’s major financial risk and recent extreme volatility in world stock markets has demonstrated this risk. The trustees adopt a low risk strategy

Approved by order of the board of trustees on 5 July 2023 and signed on its behalf by:

.............................................

Mr David Johnston – Chair

4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHEATHAMPSTEAD COMMUNITY GROUP

I report on the accounts for the year ended 30 April 2023 set out on pages 6 to 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Beverley Turner

Beverley Turner FCA 30 The Avenue Welwyn Herts AL6 0PP

Date: June 2023

5

WHEATHAMPSTEAD COMMUNITY GROUP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023

30 April 2022
30 April 2022
Unrestricted
Restricted
Endowment
Total funds Total funds
funds fund fund
Notes
£
£ £ £ £
INCOMING RESOURCES
Incoming resources from
generated funds
Collections and donations 2 20,517 4,005 - 24,522 18,268
Grants 1,480 - - 1,480 900
Fund raising events 3 2,103 370 - 2,473 317
Other income 4,896 - - 4,896 547
Investment income 2,072 413 - 2,485 1,819
Total incoming resources 31,068 4,788 - 35,856 21,851
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary
income 1,140 - - 1,140 806
Charity running costs 5,350 153 - 5,503 4,989
Charitable activities
Governance
Direct charitable spending 16,903 4,312 - 21,215 15,086
Total resources expended 23,393 4,465 - 27,858 20,881
EXCESS OF INCOME OVER
EXPENDITURE 7,675 323 - 7,998 970
Gain/(Loss) on revaluation of
investments (2,351) (477) - (2,828)
2,706
NET SURPLUS FOR THE
YEAR 5,324 (154) - 5,170 3,676
RECONCILIATION OF
FUNDS
Total funds brought forward 59,188 15,189 - 74,377 55,044
TOTAL FUNDS CARRIED
FORWARD 64,512 **15,035 ** - 79,547 74,377

6

WHEATHAMPSTEAD COMMUNITY GROUP

BALANCE SHEET AT 30 APRIL 2023

30 April 202330 April 2022 30 April 202330 April 2022
Unrestricted Endowment Total funds Total funds
funds Restricted fund
fund
£ £ £ £ £
FIXED ASSETS
Investments 41,635 7,327 - **48,962 ** 46,269
41,635 7,327 - 48,962 46,269
CURRENT ASSETS
Debtors - - - - -
Cash at bank and in hand 22,877 **7,708 ** - 30,585 28,108
22,877 7,707 - 30,585 28,108
CREDITORS
Amounts falling due within one - - - - -
year
NET CURRENT ASSETS 22,877 7,708 - 30,585 28,108
TOTAL ASSETS LESS
CURRENT LIABILITIES 64,512 15,035 - 79,547 74,377
NET ASSETS 64,512 15,035 - 79,547 74,377
FUNDS
Unrestricted funds 64,512 59,188
Restricted funds 15,035 15,189
Endowment funds - -
TOTAL FUNDS 79,547 74,377

The financial statements were approved by the Board of Trustees on 5 July 2023 and were signed on its behalf by:

............................................. Mr David Johnston

7

WHEATHAMPSTEAD COMMUNITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. COLLECTIONS AND DONATIONS

Annual Appeal
Collection box proceeds
Donations from individuals
Santa Sleigh Collections
Client Contributions
Donation from Wheathampstead United Charities
Donation from organisations
FUND RAISING EVENTS
Wheathampstead Thursday Club
Other
Village Day plant stall
John Bunyan charity day
Carol singalong at Memorial Hall
2023
£
5,659
135
5,684
3,823
2,304
5,521
1,396
24,522
2023
£
370
-
294
1,353
456
2,473
2022
£
12,028
259
1,136
3,172
1,594
-
79
18,268
2022
£
202
115
-
-
-
317

3. FUND RAISING EVENTS

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.

8

WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023

Income from Voluntary Sources 2023 2022 2022
£ £
Collections & Donations
Annual Appeal 5,659 12,028
Santa Sleigh Collections 3,823 3,172
Collection box proceeds 135 259
Donations from individuals 5,684 1,136
Member/Client Contributions 2,304 1,594
Donation from Organisations 1,396 79
Donation from Wheathampstead United
Charities 5,521
24,522 18,268
Grants - from:
Wheathampstead Parish Council - 900
Other 1,480 -
1,480 900
Events - Proceeds from:
Village Day Plant Stall 294 -
Other - 115
John Bunyan Charity Day 1,353
Wheathampstead Thursday Club
fund raising 370 202
Carol Singalong at the Memorial Hall 456 -
2,473 317
Other Income
Proceeds from Internet Café refreshments - -
Inland Revenue - Gift aid tax relief on donations 4,896 547
4,896 547
Income from Assets
Investment Income 2,485 1,819
Total Receipts 35,856 21,851
Funds Held
Accumulated Fund brought forward 74,377 55,044
Funds from Wheathampstead
Thursday Club - 15,657
Excess income over expenditure for
year 7,998 970
Gain/(loss) on investments (2,828) 2,706
ACCUMULATED FUND as at 30
April 79,547 74,377

9

WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023

Expenditure in the Year 2023 2022
£ £
Direct Charitable Expenditure
Aid to or for persons in need 6,963 4,513
Grants to local organisations 9,941 6,509
Wheathampstead support for all initiative - 86
Friends of St Helens School (share of JB Charity income) - -
16,904 11,108
Fund raising costs
Annual Appeal 508 545
Village Day Plant Stall - -
JB Charity Day - -
Carol Singalong refreshments & Raffle Prizes 272 6
Santa Sleigh Collection expenses 359 255
1,139 806
Charity running costs
Costs of January get together for WCG Volunteers 495 320
Costs of Summer get together for WCG Volunteers 108 185
WCG Luncheon Club costs 346 236
Donations and Annual Membership Fees - 35
BT Telephone Costs for transport service 326 285
Community Telephone Support 180 213
AGM costs for hall hire & refreshments 47 -
Insurance for Public Liability & volunteer drivers 817 836
Administration costs 2,370 1,375
CAF Bank Fees 313 300
Web Site costs 96 -
DBS Fees for Volunteers 251 300
Training courses for volunteers - 123
5,350 4,208
Wheathampstead
Thursday Club 4,465 4,759
Total expenditure 27,858 20,881
Excess income over expenditure 7,998 970
Increase/(Reduction) in valuation of
investments (2,828) 2,706
` SURPLUS FOR THE YEAR 5,170 3,676

10

REGISTERED CHARITY NUMBER: 269899

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL2023 FOR WHEATHAMPSTEAD COMMUNITY GROUP

1

WHEATHAMPSTEAD COMMUNITY GROUP

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

Page
Report of the Trustees 3 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8
Detailed Statement of Financial Activities 9 to 10

2

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023

MEMBERS OF THE BOARD OF TRUSTEES

Mr David Johnston

Mr Michael Greensmith

Ms Sarah Millac

Ms Anne Howie

ACHIEVEMENTS & PERFORMANCE

It has been another record-breaking year for Wheathampstead Community Group (WCG). All areas of our operations have expanded, and we have brought the Wheathampstead Dementia Wellbeing Group under the WCG umbrella. We have expanded our partnership with Wheathampstead Friends to provide an effective and efficient Companionship network across the Wheathampstead parish.

The decision was made to change the timing of our Annual Appeal from Christmas to Easter. This was generally received by all and raised funds slightly above 2021 levels. Whilst these accounts only reflect a major part of funds raised from the 2023 Appeal, other donations (including £6,682 from the wind-up of Wheathampstead United Charities), increased gift aid and a return of our other fund-raising events result in total incoming resources of £35,855 in the year, compared to £21,851 in 2022/23.

Expenditure on the direct support to our community increased to £21,215 (from £15,086 in 2021/22). This includes the following activities:

Thank you to all our Executive Committee and our hard-working volunteers, without whom this all would not be possible.

FINANCIAL RESULTS

The charity’s income for the year was £35,856 (2022 - £21,851) and expenditure was £27,858 (2022 - £20,881) giving a surplus before loss on revaluations of investments of £7,998 (2022 - £970).

Total funds carried forward are £79,547 (2022 - £74,377).

3

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

RISK MANAGEMENT

The trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established procedures to manage those risks.

The trustees consider variability of investment returns and market value to constitute the charity’s major financial risk and recent extreme volatility in world stock markets has demonstrated this risk. The trustees adopt a low risk strategy

Approved by order of the board of trustees on 5 July 2023 and signed on its behalf by:

.............................................

Mr David Johnston – Chair

4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHEATHAMPSTEAD COMMUNITY GROUP

I report on the accounts for the year ended 30 April 2023 set out on pages 6 to 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Beverley Turner

Beverley Turner FCA 30 The Avenue Welwyn Herts AL6 0PP

Date: June 2023

5

WHEATHAMPSTEAD COMMUNITY GROUP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023

30 April 2022
30 April 2022
Unrestricted
Restricted
Endowment
Total funds Total funds
funds fund fund
Notes
£
£ £ £ £
INCOMING RESOURCES
Incoming resources from
generated funds
Collections and donations 2 20,517 4,005 - 24,522 18,268
Grants 1,480 - - 1,480 900
Fund raising events 3 2,103 370 - 2,473 317
Other income 4,896 - - 4,896 547
Investment income 2,072 413 - 2,485 1,819
Total incoming resources 31,068 4,788 - 35,856 21,851
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary
income 1,140 - - 1,140 806
Charity running costs 5,350 153 - 5,503 4,989
Charitable activities
Governance
Direct charitable spending 16,903 4,312 - 21,215 15,086
Total resources expended 23,393 4,465 - 27,858 20,881
EXCESS OF INCOME OVER
EXPENDITURE 7,675 323 - 7,998 970
Gain/(Loss) on revaluation of
investments (2,351) (477) - (2,828)
2,706
NET SURPLUS FOR THE
YEAR 5,324 (154) - 5,170 3,676
RECONCILIATION OF
FUNDS
Total funds brought forward 59,188 15,189 - 74,377 55,044
TOTAL FUNDS CARRIED
FORWARD 64,512 **15,035 ** - 79,547 74,377

6

WHEATHAMPSTEAD COMMUNITY GROUP

BALANCE SHEET AT 30 APRIL 2023

30 April 202330 April 2022 30 April 202330 April 2022
Unrestricted Endowment Total funds Total funds
funds Restricted fund
fund
£ £ £ £ £
FIXED ASSETS
Investments 41,635 7,327 - **48,962 ** 46,269
41,635 7,327 - 48,962 46,269
CURRENT ASSETS
Debtors - - - - -
Cash at bank and in hand 22,877 **7,708 ** - 30,585 28,108
22,877 7,707 - 30,585 28,108
CREDITORS
Amounts falling due within one - - - - -
year
NET CURRENT ASSETS 22,877 7,708 - 30,585 28,108
TOTAL ASSETS LESS
CURRENT LIABILITIES 64,512 15,035 - 79,547 74,377
NET ASSETS 64,512 15,035 - 79,547 74,377
FUNDS
Unrestricted funds 64,512 59,188
Restricted funds 15,035 15,189
Endowment funds - -
TOTAL FUNDS 79,547 74,377

The financial statements were approved by the Board of Trustees on 5 July 2023 and were signed on its behalf by:

............................................. Mr David Johnston

7

WHEATHAMPSTEAD COMMUNITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. COLLECTIONS AND DONATIONS

Annual Appeal
Collection box proceeds
Donations from individuals
Santa Sleigh Collections
Client Contributions
Donation from Wheathampstead United Charities
Donation from organisations
FUND RAISING EVENTS
Wheathampstead Thursday Club
Other
Village Day plant stall
John Bunyan charity day
Carol singalong at Memorial Hall
2023
£
5,659
135
5,684
3,823
2,304
5,521
1,396
24,522
2023
£
370
-
294
1,353
456
2,473
2022
£
12,028
259
1,136
3,172
1,594
-
79
18,268
2022
£
202
115
-
-
-
317

3. FUND RAISING EVENTS

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.

8

WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023

Income from Voluntary Sources 2023 2022 2022
£ £
Collections & Donations
Annual Appeal 5,659 12,028
Santa Sleigh Collections 3,823 3,172
Collection box proceeds 135 259
Donations from individuals 5,684 1,136
Member/Client Contributions 2,304 1,594
Donation from Organisations 1,396 79
Donation from Wheathampstead United
Charities 5,521
24,522 18,268
Grants - from:
Wheathampstead Parish Council - 900
Other 1,480 -
1,480 900
Events - Proceeds from:
Village Day Plant Stall 294 -
Other - 115
John Bunyan Charity Day 1,353
Wheathampstead Thursday Club
fund raising 370 202
Carol Singalong at the Memorial Hall 456 -
2,473 317
Other Income
Proceeds from Internet Café refreshments - -
Inland Revenue - Gift aid tax relief on donations 4,896 547
4,896 547
Income from Assets
Investment Income 2,485 1,819
Total Receipts 35,856 21,851
Funds Held
Accumulated Fund brought forward 74,377 55,044
Funds from Wheathampstead
Thursday Club - 15,657
Excess income over expenditure for
year 7,998 970
Gain/(loss) on investments (2,828) 2,706
ACCUMULATED FUND as at 30
April 79,547 74,377

9

WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023

Expenditure in the Year 2023 2022
£ £
Direct Charitable Expenditure
Aid to or for persons in need 6,963 4,513
Grants to local organisations 9,941 6,509
Wheathampstead support for all initiative - 86
Friends of St Helens School (share of JB Charity income) - -
16,904 11,108
Fund raising costs
Annual Appeal 508 545
Village Day Plant Stall - -
JB Charity Day - -
Carol Singalong refreshments & Raffle Prizes 272 6
Santa Sleigh Collection expenses 359 255
1,139 806
Charity running costs
Costs of January get together for WCG Volunteers 495 320
Costs of Summer get together for WCG Volunteers 108 185
WCG Luncheon Club costs 346 236
Donations and Annual Membership Fees - 35
BT Telephone Costs for transport service 326 285
Community Telephone Support 180 213
AGM costs for hall hire & refreshments 47 -
Insurance for Public Liability & volunteer drivers 817 836
Administration costs 2,370 1,375
CAF Bank Fees 313 300
Web Site costs 96 -
DBS Fees for Volunteers 251 300
Training courses for volunteers - 123
5,350 4,208
Wheathampstead
Thursday Club 4,465 4,759
Total expenditure 27,858 20,881
Excess income over expenditure 7,998 970
Increase/(Reduction) in valuation of
investments (2,828) 2,706
` SURPLUS FOR THE YEAR 5,170 3,676

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