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2025-04-30-accounts

Annual Report, 2024-2025

Chairman’s Report

The last year has been one of changes. Our finances are as strong as they have ever been, and the trustees decided that we should be spending more in support of the Wheathampstead residents. Up to this year, mostly our core costs related to the WCG teams such as transport, supporting individuals through companionship or financial crises, supporting people with age-related memory loss, those over 75 with a lunch club, and so on. This year, however, we are starting to use our excess funds to support one-off projects. These have included:

A total cost of £17,300.

Our aim is to always have 18 months operating costs for the core activities and to spend any excess on one-off projects that benefit as many qualifying projects or individuals as possible.

We have been successful in getting financial support but, in general, it is harder to collect monies through our annual door-to-door collections. People are more reluctant to answer the door and with the use of technology such as doorbells with cameras it has become harder to make individual contact. To that end we are focusing more on promoting the work of WCG through more advertising and participation in public events.

Our collection envelope this year is also a marketing “piece” promoting the charity. It will be delivered to more households and will be more widely distributed. We will make better use of banners and presenting at events where residents gather such as concerts. The image on the left is what appears on our pull-up banner for use in meetings, reception areas and events.

We will also be increasing use technology such as QR codes and online donations. We will be encouraging individuals to leave bequests in their wills. We will, of course, continue to raise funds through other activities such as the very popular Santa’s Sleigh.

On a separate topic, we are restructuring the management team. Up to now the four trustees are also the four board members overseeing the coordination of the various teams delivering the charity’s services they are the Chair, ViceChair, Treasurer and Administrator. We are increasingly aware that the trustees really need to be separate from the day-to-day operations of the charity.

The role of charity trustees includes the following responsibilities:

These tasks are crucial for the effective functioning and sustainability of a charity providing strategic support and oversight of the charity ensuring it meets its goals as specified in its governing document.

To that end we are seeking to appoint up to five trustees some of whom might be from the existing team but there should be at least one external appointee who will act as chair of the trustees. By external we mean not an existing trustee though they might be an active member of the charity.

The last 12 months have been very successful for WCG, and we have provided key services and support for Wheathampstead residents. Everyone who works with us is an unpaid volunteer and I would like to thank each one for their dedication to our community. Last year I listed many individuals who have dedicated their time to make our charity a success. Most of those individuals are still helping us today which is a sign not only of their dedication but perhaps also a sign that what we do brings satisfaction to our volunteers as well as our clients.

Here is a summary of our day-to-day activities during the last year.

Our Transport service is led by Mary Walsh . In the past year, her team provided 472 lifts to medical appointments (including dentists; opticians; physiotherapy etc) for local people who would otherwise have had difficulty getting to these themselves. This represents over 90% of all requests from 88 residents, despite sometimes having difficulty in allocating a driver.

The Bluebell Memory Café is run by Isobel Poole and is for people with memory loss, often dementia. It has a regular attendance of around 25 people including 10 helpers and includes partners and carers. Previous carers provide invaluable support, too. Outings and musical events have been organised. They are well supported by the Alzheimer’s Society.

Bel Blumel continues to provide one-on-one support for Wheathampstead residents in need. Over the last year Bel has had 90 or so requests from various sources including professional organisations, charities, relatives and friends asking for our support. Contact is usually via our dedicated phone or email. We begin by visiting the family or individual to discuss the best way we can help. Every case is different. It might include buying second-hand furniture/white goods for a struggling family, handyman/gardening requests for an older person or perhaps signposting clients to our other services or local clubs.

Liz Morgan reports that the Thursday Club is running at maximum capacity with 20 members supported by 20 volunteers. The Club provides companionship and support for residents who are aged over 60 and unable to access other activities without assistance or need care from a carer or family member. The volunteers provide home cooked meals which have proved to be very popular. Activities for the members have included indoor games, a singing club, external speakers and Rock and Roll Bingo.

Our Companionship team is organised by Caroline Corderey, and the team of befrienders are matched with 11 different clients. Most clients are elderly and have found themselves increasingly isolated due to personal circumstances – but we also have younger people who benefit. Having a local companion who can look out for you and lend a supportive hand can and does make a huge difference, and in some cases has truly changed the lives of those with whom they are matched.

There is a monthly lunch club organised by Maggie Fergusson that has an average 15 attendees per month from a membership list of around 20. The club is designed for people on their own and provides companionship.

As usual, Santa’s Sleigh proved very popular. For Christmas 2024 it was thanks to Lucinda Pilkington and Jannine Oxley for organising the event.

We decided during the year that we would try some new events to raise funds. The two main ones will be sponsoring and underwriting a concert in our crinkle-crankle garden (May 2025) and doing it jointly with the Parish Council. The second activity will also be in partnership with the Parish Council and is to underwrite and look after a couple of events during Village Day (July 2025).

The year 2024 to 2025 has been a successful year for us and we’ve helped many more people in the village that ever before. The year 2025 to 2026 we decided will be a year of change and only time will tell if those changes help us to increase our contribution towards helping those members of our community in greatest need.

Thanks to all our many volunteers who give their time for free to help those in need of our help.

David Johnston Chair

Treasurer’s Financial Report 2024/25

- Mike Grensmith

REGISTERED CHARITY NUMBER: 269899

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 FOR WHEATHAMPSTEAD COMMUNITY GROUP

WHEATHAMPSTEAD COMMUNITY GROUP

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6
Detailed Statement of Financial Activities 7 to 8

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025

MEMBERS OF THE BOARD OF TRUSTEES

Mr David Johnston

Mr Michael Greensmith Ms Sarah Millac

Ms Anne Howie

ACHIEVEMENTS & PERFORMANCE

The last year has been one of changes. Our finances are as strong as they have ever been, and the trustees decided that we should be spending more in support of the Wheathampstead residents. Up to this year, mostly our core costs related to the WCG teams such as transport, supporting individuals through companionship or financial crises, supporting people with age-related memory loss, those over 75 with a lunch club, and so on. This year, however, we are starting to use our excess funds to support one-off projects. These have included:

  1. Helping to fund the refurbishment of the Marshalls Heath play park.

  2. Purchasing equipment for the new Wheathampstead Wanderers FC Pavilion.

  3. Buying equipment and kit for the newly formed girls’ section of the Wheathampstead Cricket Club.

We have been successful in getting financial support but, in general, it is harder to collect monies through our annual door-to-door collections. People are more reluctant to answer the door and with the use of technology such as doorbells with cameras it has become harder to make individual contact. To that end we are focusing more on promoting the work of WCG through more advertising and participation in public events.

Our collection envelope this year is also a marketing “piece” promoting the charity. It will be delivered to more households and will be more widely distributed. We will make better use of banners and presenting at events where residents gather such as concerts. We now have a new pull-up banner for use in meetings, reception areas and events.

We will also be increasing our use of technology such as QR codes and online donations. We will be encouraging individuals to leave bequests in their wills. We will, of course, continue to raise funds through other activities such as the very popular Santa’s Sleigh.

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

MANAGEMENT TEAM

On a separate topic, we are restructuring the management team. Up to now the four trustees are also the four board members overseeing the coordination of the various teams delivering the charity’s services they are the Chair, Vice-Chair, Treasurer and Administrator. We are increasingly aware that the trustees really need to be separate from the day-to-day operations of the charity.

The role of charity trustees includes the following responsibilities:

1

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025

These tasks are crucial for the effective functioning and sustainability of a charity providing strategic support and oversight of the charity ensuring it meets its goals as specified in its governing document.

To that end we are seeking to appoint up to five trustees some of whom might be from the existing team but there should be at least one external appointee who will act as chair of the trustees. By external we mean not an existing trustee though they might be an active member of the charity

The last 12 months have been very successful for WCG, and we have provided key services and support for Wheathampstead residents. Everyone who works with us is an unpaid volunteer and I would like to thank each one for their dedication to our community. Most of our volunteers have helped us for many years, which is a sign not only of their dedication but perhaps also a sign that what we do brings satisfaction to our volunteers as well as our clients.

FINANCIAL RESULTS

At 30 April 2025, the Community bank account balance was £1,101 and the CAF Gold account balance was £7,534. Additionally, the charity’s investments were valued at £93,195 In the year, giving total reserves of £101,829 (2024 £96,935) Income exceeded expenditure by £2,482, plus a £2,412 rise in the value of investments to give a total gain in the year to date of £4,894 (2024 £17,389). This change mainly reflects the investment in village projects and support for local organisations as highlighted above.

Our aim is to always hold reserves equivalent to 18 months operating costs for the core activities and to spend any excess on one-off projects that benefit as many qualifying projects or individuals as possible. This will enable us to increase the benefits we deliver to Wheathampstead from our resources while improving financial control.

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 a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on _______ and signed on its behalf by:

............................................. Mr David Johnston – Chair

2

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

I report on the accounts for the year ended 30 April 2025 set out on pages 4 to 9.

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 CTA ACG 30 The Avenue Welwyn Herts AL6 0PP

Date: 20 July 2025

3

WHEATHAMPSTEAD COMMUNITY GROUP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025

30 April 2025
30 April 2024 30 April 2024
Unrestric Restricted Total funds Total funds
ted funds fund
Notes £ £ £ £
INCOMING RESOURCES
Incoming resources from
generated funds
Collections and donations 2 28,296 6,100 34,396 32,040
Grants - - - -
Fund raising events 3 651 - 651 1,040
Other income 4,056 - 4,056 4,100
Investment income 1,938 447 2,385 2,598
Total incoming resources 34,941 6,547 41,488 39,778
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary
income 275 - 275
1,261
Charity running costs 6,901 332 7,233
5,311
Charitable activities
Governance
Direct charitable spending 25,399 6,099 31,498 15,638
Total resources expended 32,575 6,431 39,006
22,210
EXCESS OF INCOME OVER
EXPENDITURE 2,366 116 2,482
17,568
Gain/(Loss) on revaluation of
investments **2,104 ** 308 2,412
( 180)
NET SURPLUS FOR THE
YEAR 4,470 424 4,894
17,388
RECONCILIATION OF
FUNDS
Total funds brought forward 81,234 15,701 96,935 79,547
TOTAL FUNDS CARRIED
FORWARD **85,704 ** 16,125 101,829
96,935

4

WHEATHAMPSTEAD COMMUNITY GROUP

BALANCE SHEET AT 30 APRIL 2025

30 April 2025 30 April
2024
Unrestricted Restricted Total funds Total funds
funds funds
notes £ £ £ £
FIXED ASSETS
Investments 5 78,694 **14,501 ** 93,195 48,783
78,694 14,501 93,195 46,783
CURRENT ASSETS
Debtors - - - -
Cash at bank and in hand 7,010 1,624 8,634 48,152
Transfer between funds
7.010 1,624 8,634 48,152
CREDITORS
Amounts falling due within one - - - -
year
NET CURRENT ASSETS **85,704 ** 16,125 101,829 96,935
TOTAL ASSETS LESS
CURRENT LIABILITIES 85,704 16,125 101,829 96,935
NET ASSETS **85,704 ** 16,125 101,829 96,935
FUNDS
Unrestricted funds 85,704 81,234
Restricted funds 16,125 15,701
TOTAL FUNDS 101,829 96,935

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

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

5

WHEATHAMPSTEAD COMMUNITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

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
Donations from organisations
FUND RAISING EVENTS
Wheathampstead Thursday Club
Other
Village Day plant stall
Carol singalong at Memorial Hall
2025
£
9,480
6
16,323
3,646
3,781
1,160
34,396
2025
£
-
-
178
473
**651 **
2024
£
3,351
147
9,234
3,957
3,352
11,999
32,040
2024
£
63
88
381
508
1,040

3. FUND RAISING EVENTS

4. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

6

WHEATHAMPSTEAD COMMUNITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

5. INVESTMENTS

Unrestricted Restricted
funds funds total
£ £ £
Opening value 1 May 2024 41,590 7,193 48,783
Additions 63,000 7,000 70,000
Disposals (28,000) - (28,000)
Gain/loss on revaluation 2,104 308 2,412
Closing value 30 April 2025 78,694 14,501 93,195

The investments are in six funds:

7

WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025

Income from Voluntary Sources 2025 2024
£ £
Collections & Donations
Annual Appeal 9,480 3,351
Santa Sleigh Collections 3,646 3,957
Collection box proceeds 6 147
Donations from individuals 16,323 9,234
Member/Client Contributions 3,781 3,352
Donation from Organisations 1,160 11,999
34,396 32,040
Grants - from:
Wheathampstead Parish Council - -
Other - -
- -
Events - Proceeds from:
Village Day Plant Stall 178 381
Other - 88
Wheathampstead Thursday Club
fund raising 63
Carol Singalong at the Memorial Hall 473 508
651 1,040
Other Income
Inland Revenue - Gift aid tax relief on donations 4,056 4,100
4,056 4,100
Income from Assets
Investment Income 2,385 2,598
Total Receipts 41,488 39,778
Funds Held
Accumulated Fund brought forward 96,935 79,547
Funds from Wheathampstead
Thursday Club - -
Excess income over expenditure for
year 2,482 17,598
Gain/(loss) on investments 2,412 ( 180)
ACCUMULATED FUND as at 30
April 101,829 96,935

8

WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025

`

Expenditure in the Year 2025 2024
£ £
Direct Charitable Expenditure
Aid to or for persons in need 8,043 5,165
Grants to local organisations 17,356 4,850
25,399 10,015
Fund raising costs
Annual Appeal - 382
Village Day Plant Stall - 90
Carol Singalong refreshments & Raffle Prizes 139 307
Santa Sleigh Collection expenses 136 482
275 1,261
Charity running costs
Costs of January get together for WCG Volunteers 844 390
Costs of Summer get together for WCG Volunteers 93 110
WCG Luncheon Club costs 901 574
Memberships & donations 95 95
Dementia Group 1,105 1,020
Telephone Costs for transport service 548 370
Community Telephone Support 189 189
AGM costs for hall hire & refreshments 53 48
Insurance for Public Liability & volunteer drivers 1,023 955
Administration costs 1,173 850
Bank Fees 374 266
Web Site costs - 49
DBS Fees for Volunteers 228 275
Training courses for volunteers 275 120
6,900 5,350
Wheathampstead
Thursday Club 6,432 5,623
Total expenditure 39,006 22,210
Excess income over expenditure 2,482 17,568
Increase/(Reduction) in valuation of
investments 2,412 ( 180)
SURPLUS FOR THE YEAR 4,894 17,388

9

REGISTERED CHARITY NUMBER: 269899

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 FOR WHEATHAMPSTEAD COMMUNITY GROUP

WHEATHAMPSTEAD COMMUNITY GROUP

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6
Detailed Statement of Financial Activities 7 to 8

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025

MEMBERS OF THE BOARD OF TRUSTEES

Mr David Johnston

Mr Michael Greensmith Ms Sarah Millac

Ms Anne Howie

ACHIEVEMENTS & PERFORMANCE

The last year has been one of changes. Our finances are as strong as they have ever been, and the trustees decided that we should be spending more in support of the Wheathampstead residents. Up to this year, mostly our core costs related to the WCG teams such as transport, supporting individuals through companionship or financial crises, supporting people with age-related memory loss, those over 75 with a lunch club, and so on. This year, however, we are starting to use our excess funds to support one-off projects. These have included:

  1. Helping to fund the refurbishment of the Marshalls Heath play park.

  2. Purchasing equipment for the new Wheathampstead Wanderers FC Pavilion.

  3. Buying equipment and kit for the newly formed girls’ section of the Wheathampstead Cricket Club.

We have been successful in getting financial support but, in general, it is harder to collect monies through our annual door-to-door collections. People are more reluctant to answer the door and with the use of technology such as doorbells with cameras it has become harder to make individual contact. To that end we are focusing more on promoting the work of WCG through more advertising and participation in public events.

Our collection envelope this year is also a marketing “piece” promoting the charity. It will be delivered to more households and will be more widely distributed. We will make better use of banners and presenting at events where residents gather such as concerts. We now have a new pull-up banner for use in meetings, reception areas and events.

We will also be increasing our use of technology such as QR codes and online donations. We will be encouraging individuals to leave bequests in their wills. We will, of course, continue to raise funds through other activities such as the very popular Santa’s Sleigh.

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

MANAGEMENT TEAM

On a separate topic, we are restructuring the management team. Up to now the four trustees are also the four board members overseeing the coordination of the various teams delivering the charity’s services they are the Chair, Vice-Chair, Treasurer and Administrator. We are increasingly aware that the trustees really need to be separate from the day-to-day operations of the charity.

The role of charity trustees includes the following responsibilities:

1

WHEATHAMPSTEAD COMMUNITY GROUP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025

These tasks are crucial for the effective functioning and sustainability of a charity providing strategic support and oversight of the charity ensuring it meets its goals as specified in its governing document.

To that end we are seeking to appoint up to five trustees some of whom might be from the existing team but there should be at least one external appointee who will act as chair of the trustees. By external we mean not an existing trustee though they might be an active member of the charity

The last 12 months have been very successful for WCG, and we have provided key services and support for Wheathampstead residents. Everyone who works with us is an unpaid volunteer and I would like to thank each one for their dedication to our community. Most of our volunteers have helped us for many years, which is a sign not only of their dedication but perhaps also a sign that what we do brings satisfaction to our volunteers as well as our clients.

FINANCIAL RESULTS

At 30 April 2025, the Community bank account balance was £1,101 and the CAF Gold account balance was £7,534. Additionally, the charity’s investments were valued at £93,195 In the year, giving total reserves of £101,829 (2024 £96,935) Income exceeded expenditure by £2,482, plus a £2,412 rise in the value of investments to give a total gain in the year to date of £4,894 (2024 £17,389). This change mainly reflects the investment in village projects and support for local organisations as highlighted above.

Our aim is to always hold reserves equivalent to 18 months operating costs for the core activities and to spend any excess on one-off projects that benefit as many qualifying projects or individuals as possible. This will enable us to increase the benefits we deliver to Wheathampstead from our resources while improving financial control.

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 a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on _______ and signed on its behalf by:

............................................. Mr David Johnston – Chair

2

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

I report on the accounts for the year ended 30 April 2025 set out on pages 4 to 9.

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 CTA ACG 30 The Avenue Welwyn Herts AL6 0PP

Date: 20 July 2025

3

WHEATHAMPSTEAD COMMUNITY GROUP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025

30 April 2025
30 April 2024 30 April 2024
Unrestric Restricted Total funds Total funds
ted funds fund
Notes £ £ £ £
INCOMING RESOURCES
Incoming resources from
generated funds
Collections and donations 2 28,296 6,100 34,396 32,040
Grants - - - -
Fund raising events 3 651 - 651 1,040
Other income 4,056 - 4,056 4,100
Investment income 1,938 447 2,385 2,598
Total incoming resources 34,941 6,547 41,488 39,778
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary
income 275 - 275
1,261
Charity running costs 6,901 332 7,233
5,311
Charitable activities
Governance
Direct charitable spending 25,399 6,099 31,498 15,638
Total resources expended 32,575 6,431 39,006
22,210
EXCESS OF INCOME OVER
EXPENDITURE 2,366 116 2,482
17,568
Gain/(Loss) on revaluation of
investments **2,104 ** 308 2,412
( 180)
NET SURPLUS FOR THE
YEAR 4,470 424 4,894
17,388
RECONCILIATION OF
FUNDS
Total funds brought forward 81,234 15,701 96,935 79,547
TOTAL FUNDS CARRIED
FORWARD **85,704 ** 16,125 101,829
96,935

4

WHEATHAMPSTEAD COMMUNITY GROUP

BALANCE SHEET AT 30 APRIL 2025

30 April 2025 30 April
2024
Unrestricted Restricted Total funds Total funds
funds funds
notes £ £ £ £
FIXED ASSETS
Investments 5 78,694 **14,501 ** 93,195 48,783
78,694 14,501 93,195 46,783
CURRENT ASSETS
Debtors - - - -
Cash at bank and in hand 7,010 1,624 8,634 48,152
Transfer between funds
7.010 1,624 8,634 48,152
CREDITORS
Amounts falling due within one - - - -
year
NET CURRENT ASSETS **85,704 ** 16,125 101,829 96,935
TOTAL ASSETS LESS
CURRENT LIABILITIES 85,704 16,125 101,829 96,935
NET ASSETS **85,704 ** 16,125 101,829 96,935
FUNDS
Unrestricted funds 85,704 81,234
Restricted funds 16,125 15,701
TOTAL FUNDS 101,829 96,935

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

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

5

WHEATHAMPSTEAD COMMUNITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

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
Donations from organisations
FUND RAISING EVENTS
Wheathampstead Thursday Club
Other
Village Day plant stall
Carol singalong at Memorial Hall
2025
£
9,480
6
16,323
3,646
3,781
1,160
34,396
2025
£
-
-
178
473
**651 **
2024
£
3,351
147
9,234
3,957
3,352
11,999
32,040
2024
£
63
88
381
508
1,040

3. FUND RAISING EVENTS

4. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

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WHEATHAMPSTEAD COMMUNITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

5. INVESTMENTS

Unrestricted Restricted
funds funds total
£ £ £
Opening value 1 May 2024 41,590 7,193 48,783
Additions 63,000 7,000 70,000
Disposals (28,000) - (28,000)
Gain/loss on revaluation 2,104 308 2,412
Closing value 30 April 2025 78,694 14,501 93,195

The investments are in six funds:

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WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025

Income from Voluntary Sources 2025 2024
£ £
Collections & Donations
Annual Appeal 9,480 3,351
Santa Sleigh Collections 3,646 3,957
Collection box proceeds 6 147
Donations from individuals 16,323 9,234
Member/Client Contributions 3,781 3,352
Donation from Organisations 1,160 11,999
34,396 32,040
Grants - from:
Wheathampstead Parish Council - -
Other - -
- -
Events - Proceeds from:
Village Day Plant Stall 178 381
Other - 88
Wheathampstead Thursday Club
fund raising 63
Carol Singalong at the Memorial Hall 473 508
651 1,040
Other Income
Inland Revenue - Gift aid tax relief on donations 4,056 4,100
4,056 4,100
Income from Assets
Investment Income 2,385 2,598
Total Receipts 41,488 39,778
Funds Held
Accumulated Fund brought forward 96,935 79,547
Funds from Wheathampstead
Thursday Club - -
Excess income over expenditure for
year 2,482 17,598
Gain/(loss) on investments 2,412 ( 180)
ACCUMULATED FUND as at 30
April 101,829 96,935

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WHEATHAMPSTEAD COMMUNITY GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025

`

Expenditure in the Year 2025 2024
£ £
Direct Charitable Expenditure
Aid to or for persons in need 8,043 5,165
Grants to local organisations 17,356 4,850
25,399 10,015
Fund raising costs
Annual Appeal - 382
Village Day Plant Stall - 90
Carol Singalong refreshments & Raffle Prizes 139 307
Santa Sleigh Collection expenses 136 482
275 1,261
Charity running costs
Costs of January get together for WCG Volunteers 844 390
Costs of Summer get together for WCG Volunteers 93 110
WCG Luncheon Club costs 901 574
Memberships & donations 95 95
Dementia Group 1,105 1,020
Telephone Costs for transport service 548 370
Community Telephone Support 189 189
AGM costs for hall hire & refreshments 53 48
Insurance for Public Liability & volunteer drivers 1,023 955
Administration costs 1,173 850
Bank Fees 374 266
Web Site costs - 49
DBS Fees for Volunteers 228 275
Training courses for volunteers 275 120
6,900 5,350
Wheathampstead
Thursday Club 6,432 5,623
Total expenditure 39,006 22,210
Excess income over expenditure 2,482 17,568
Increase/(Reduction) in valuation of
investments 2,412 ( 180)
SURPLUS FOR THE YEAR 4,894 17,388

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