Char4ty regisfra*Ton number 271588 HULLBRIDGE COMMUNITY ASSOCIATION CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 HULLBRIDGE COMMUNITY ASSOCIATION CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr'D G8tehouse Miss J Calon. Mrs L Gatehouse MissA Marllott chartty numb&r' 271588 P.rlnclpal address Hullbri(198..Community Céntr8 Pool8s Lane Hullbridge Hockley Essex LIK SS5 6PA Règlsterad offlce Hullbridge Community Centre Poolos Lane Hullbridg8 Ftod(ley Essgx. UK SS5 6PA Independent eiamin¢r LB Group Advi80ry Llmlled (Chelmsford) Swiff Hotsse Ground Floor 18 Hoffmann5 Way Chelmsford Essex UK CM1 1GU Bankn S8ntsnd¢r UK Plo BBAM, BTidle Boad Bootle Merseysid$ L3fj 4GB HULLBRIDGE COMMUNITY ASSOCIATION CHARITY CONTENTS Pago Trustees report StÈtement ol Iwslees resp0ft5tbililies In(tependent exarriinerf¥ report ststemenl of financial activiU85 Balance sheet NDtes to the acwunls HULLBRIDGE COMMUNITY ASSOCIATION CHARITY TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Irustees present their annual report ar￿ financial statements for the year. ended 31st AiJgu$t 2024. The accounts have been prepared 2n aCcO￿anc2 viilh the 8CCOLtnting policES set out in note I lo the accounts an(J Cotnpty wlth ttse tharity's Conslltution, Ihe Ch8Tilies Act 201.1 É)nd Afxounllng and Rgportlng by Charitles: statemonl ol Recommended Practice applicab18 lo charities pr&parir£ Ih8ir accounts in ac¢ordan¢e 'with the Financial Reporting Standard applioable in tho UK and Republlc of I￿land IFRS 1021 {effect￿e 1 January 2015y' Obj&ctiv85 arEd adivitiès The Hullbridge Community Association wa5 estab115hed 251h O¢tober 1968 to promote fhe bènefit of the inhabitants of Hullbrfdoe and ihe nelghbourhood by assoc4aling togethèr said Inh8bltanis and the local aulhoritles, voluntary and olhar organi5ations in a ¢ornmon effort to advanc& education and to provide facilities in the interest of social welfare, for recreation ar￿ lei8ure lime occupation, wllh the object of Improvlng the quality of Ilfe forthe sald inhabitants. In settlng our objectives arid planning our aclivilles our twste8s have complied with the Lluty in $e¢tion 17151 of the 2011 Charities A¢1 lo have due r8gard to guidance published by the Charity Commission. The association constitution gives the trustees powers tt> apply the funds In furtherance of the objeots of tha Associatlon and Èke d8clsK*ns as n8¢e$sary lo luthèr the objectives of the Assoclatlon. The irtcoming resourcès have b8en generated from a numbgr nf activilies includlng mèmbèrshlp subscriptions of the A5s0cialtan, grdnt5 and donalion5 recpived, management fees charged to Hullbridge Community Association Soci31 Club and hall hlre. Resources have been expended lo ¢ontinua to provldè a fAcllity for the resSdents and voluntary organssatians of Hullbridge and Su￿O￿nding areas. Tha IruslÉ8s are aware ot their duly uhdor S 17 of the ch3ri11esAet 2011 to have regard to th8 P[JbI￿ 8enefit Guidance PLSblished by the Charity Commission. As such the Iru$lees ensu￿ that the aclNilies of IhB ¢h8rlly ar8 for public benefjl. The trustees havg pald due regard. lo guldance by thg Charty Comisslon In dgclding what acliwttes the charity should underfake, charftys poitcy is lo consult and rfIscus8 with 8mploye8S. through unions, Staff rouncils and al meelings, matters likety to affect employees, Triterests. Informaiion of matters of.concern to employees is gwen through informalion bulletins and reports which seek to chieve a common aw8reng$9 on the part of all employeès of the financial and wnomlc facEors alt8Ctlng the group's perfomancg. Appli(xlions lor Èmpjoyment by dISa￿ed pwsons are always fvlly considered, btyaring in mind thÈ aptttudes of the applicant concerned. In Ihe event of rnèmbers of staff becDming disabled, every effort is Dleda Ic) erisure that thaSr employmgnl wsthin thé tharity tontlnues and that the approprialg training is arran9ed. It is Il& policy of the charity that fhe training, csreer development and promotion of disabled wsons should, as far as p0s8ib16, be ld8ntical.to that of olher employees. Achievements and pet*omiance. Financial review The nel infloiv c*f resources for"Ihe year, after expeniJRure' of.£106.11812023'. £82,243), totautrd £2.381 12023= £16.4411. It Is the policy of the Gharity that unrestsiLted fijnds which haye not been designated for a spo¢ific use should.be maintained 8t a 19vèI aoulva1￿t to beiwgen Ihre& and slx month's expenditu￿. The truSle85 constder that resarwes atthis lÈvÈl vJill ensure that, in the event ota ggntficant drop in fundlng. they wlll be able tc) contlnue ihe charity's curiejt ¥¢livllièS whil8 consldaratlon Is given to ways in whteh addltional funds may be raised. This18vel of reserves has been mainlained throughout the year. HULLBRIDGE COMMUNITY ASSOCIATION CHARITY TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Structuro, governance and managemènt The Hullbridge Communily A5SOL%a1k)n is an unlncorporaled assocSatlon, and is 8 publ1¢ benefit enlily. The management ol ihe charity is undertaken by the trustees whts form a managementcornmitte@ that meets monthly or more often if requlred. Dedslons as lo the day to running of the ¢harlty arB made by this committee wlh some delegation to thè offic8rs. In addilton. therè ar6 quarterly mèelSng6 of the general committ89 whlch comptises representatives from. all affiliated Drganisalioris. The general committee meets to discuss Ihe general runnlng of Ihe charlty. The con$lituÉion provide5 for a tvinimum of 4 and a maximum of 15 mèmbers of the General Committee. Where there is a nésd for new trustees, thoy wlll be appolnlod by the axlsung IrLkqlees unlll the dale of the nextAnnual General Meeling, whereby Full Metnb?r5 of the AssociatiDn have the vole for the members of Ihe General Commlttee. A new trustee woultj receive a copy of the A3BocialEon's Conslrfution and be required to sign the. mlnute book of thg General Commltteè to ssgnlfy wlllingness and ac￿PIanCe lo act ss a trust89 of the associatron. The tharty has a relationship With the Hullbridge Community Associadon Soclal Ctub in Ihat the Social Club rents a bar from the ChaTlty and covenanlsto Ir8nsfer all profit5 made to ihe charity. The trustees have asse55ed Ihe major risks io whiGh the chasity is exposed, and ara sati$flg(t that syslams aro In ptace lo mltig&lo expo8ure to thB major risks. 7he trustees have set a policy th8t surplus monies shDuld be invested lo maximisp the itrlurn with a low level ofTlSk. The trustees served the year and up to Ihe of signature oflhe financial statement3 were: Mr D GalÈhouse Miss J Gaton Mrs L Gatèhouse Miss A Marriott None oflhe trustees has any bènefieial 5nterésl In the ¢ompany. All oflha trustees are msmbors ofthe ￿)MpanY and guarantee to contribtste £1 in the event ol a winding up. The trustees ￿port was £pproved by the 8oard 01 Trustees. Mr D Gatehouse DatBd.' HULLBRIDGE COMMUNITY ASSOCIATION CHARITY STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENQED 31 AUGUST 2024 The trustees are responsible for preparing the Trustee$ Rewirt and the accounts in ac¢ord8nrE with appI￿ab}e lav). an(J FRS 102. The law applicable to charities In England and Wales requlres the trustees to preb8re acwunts for eath nnancLql year whicli 'olve a true and falr vlw of tho stale of affalTS of th& ¢harlty and of the Ir￿Oming resources and application of resource8 Ot the chartyfor that year. In prepa.Thny these accounts, the trustees are'required.to.' - sal￿t suitablè accounting policies and then apply them consi5tenlly', - obs8￿9 the maihods And prlncSples in the Chariues SORP., m?kèjudg¢menls and esUmBte5 thataTe reasn Charity IthE charityl forthe year ended 31sl August.2024. R•sponsibiliti#s and basis of report A6 the trusiees of the tharily you aro responsible for the proparalbn of lh8 flnanclal ststerriènts In accordance wllb the requirerrents of the Chartie¥ Act 2011 Ilhe 2011 A¢ll. I rEPL¥i in 18specl Df my examination of the charfly's financla1 slalemants carr￿d out under $8¢llon 145 of the 2071 Act. In carryqng out my examination I havè ftslloNed all the applicable Directions given by th8 Charity Commlssion under sectwjn 14515llb) of th9 2011 A¢t. Independent examiner's statement Your attentlorn is drawn to the fact that the charity has prepared financial Statements in accordanca ￿th Acr>)unting and Reportlng by Charfties preparing thelr occounts In accordance with the Flnancial Reporting Standard 8pplicable In the UK and Republic uf Ireland IFRS 102) In proferencg to 1he Acwunting and RepoTting by Gharlllos.. Statsment of Re￿Mmended Practice issued on 1 April 2005 which is refeTred lo in the extant r¢gulalioTrs bul has now been wllhdrawn. l under*and that thls has been donB in order lor financial statements to provide a Inje and fair view in accordance wlh Genorally A(Keplpd Acwuntir]g Practico effectivè for reporting per￿d9 ￿gInnIng on or after 1 January2015. I ha￿ completed my examSnafjon. l ￿tsnflrrn that no matter5 have come to my allenlion in connection with the examination givin9 me cau56 to b@li8ve that it) any Tnalgrial respect: accouTrting reGords were nol kept in respecl of tho charity as required bysection 130 of the 2Q11 Act: or the financlat statemenls do not a¢tt)rrS With those records,. or the Itnan¢ial slalements do not comply wlth the 8ppliGable requlremenls c£￿￿ming the fom and c¥)Jilenl of a￿aUnts set out in the Charilie5 IAccDLEnls allLI Reports) RegulationE 2008 olhgrthan any rsquirgmght that the #C¢Ottnts give a true and fair v￿￿WhiCh is ntst a matter considered as part ol an independent examination. I have no ¢or)¢em$ and have come across no olher matter5 in connection wilh thts axaminalion to which attent¥on sltt)uld be drawn in ttjis report in order to 8nabla a proper unclerstsnding of Ihe financial statements lo bfy reached. Stuart Sheldrlck Senior StatutoryAuditor For and on behalf of LB Group Limited {Chelmsfordl Dale- .....-........................ Charterted Accountants Statutory Auditor Swlft14ouse Ground Floor 18 Hofftnanns Yvay Chelmsford Esse UK CM1 1GU HULLBRIDGE COMMUNITY ASSOCIATION CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestriclod UnrestTiCted funds funds 2024 2023 Notes IncornB frvm: Donalions and legacies Other tradlng activities Invg$tm8nt$ 4,575 103,851 73 96.662 22 Total Incomè 108,499 98,684 Ex en(Jiture o CharitBblp èclTh¢ilies 106.118 82243 Net income for the yèarl N&t rnovement in funds 2.351 Fund balances at I Seplefflbèr 2023 281,529 265.088 Fund balan¢gs at 31 August2D24. 283,910 281,529 The stalement of flnan¢lal a¢livitl&s Include5 all ualns *)d1ts88gs récogn1￿1 In thè year. All income and exFerKlilure derive from continuing a¢livitie& HULLBRIDGE COMMUNITY ASSOCIATION CHARITY BALANCE SHEET ASAT31AUGUST2024 2024 2023 Fixed assets Tangible assets 153,549 148,OeO Currgnt a$sots Débtors Cash al bank an'd in hand 11 113.250 38.035 151,789 146,303 Creditors: amounts falling due within onB y•ar 12 {21,4081 112.B34} Nel cutrent asseis 130,361 133,489 Total assets less current Ilabllltlés 283,910 281,529 Income funds Unrestric18d funds 283.91.0 281,529 283,910 281,529 Thè rinancSal stalemenls wera approved by th8 Trust80s on.............,......- Mr D G8l&hou8 Trv$tee HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting polieies Charity informatSon Hullt>ridge CommunilyAsswiation Charily £5 a un1ncarpoTat￿j organisabDn. 1.1 Accountlng convention The accouJ)ts hav& baen propared in accordanc& ￿th the thariys cor>6titUbon, the Charillos Art 2011 and "AccDuntirg and Reporting by Charities.. Stslement of Recommended Practice applicable io £haTitie5 pr¢p8TSng their accnunts In ac£ordan¢e with Ihg Financtal Reporting Slandard appllcablè In the UK and Republic of Ireland {FRS 102)" (as amended for accounting perths Thimmantsng Iiom 1 January 20161. The charity is a.Public Benefit Entity a5 defined by FRS 102. The charily has t8ken adv8ntage of the prawsrons in the SORP for charitses applying FRS 102 Update Bulletin 1 not lo pr8p8rg 8 Ststemgnt ()f Cash Flows, The fin8nci81 $lalements are prepared lrt sterflng, whlch Is the functlonal currency of the charily. Monetary amounts it? these financlal statemènts are rounded to the nea￿St£ The fin8nclal stalgniwls hav¢ bean pr&pared under the histortcal cost convention. The Qrin¢ipal 2¢counting policies adopted are sel Exrt bEk)w. 1.2 Going conearn AÉ the tim8 of approving th8 finaf]ciai stalemenfs, the trustees have a rvasonable expectab.on that the charity has adequate resourees lo contintje in operational existence lor the fore5etrdble lulu￿, Thus Ihe trustees eon#nu8 to adopl thg golng concam basis ol a¢¢oMnting in preparing th8 financial statemonls. 1.3 Charltablè funrJs Unrèstricted funds ar¢ avallBble for use al the discretion of the Irt18tse$ in lurther8n¢& of Ihtrlr ch3rSlable obj8Ctivos. R>ricted funds ar& subJe¢l lo spedflG condlllolls by donors as to how thoy may bs The purposes and ses of Ihe restricted lunds are sel out in the notes lo the finanual statements. Er￿oWMeDt fijnds arg sub*t to speclflc condillonB by donors that the capital must be maintainBd by thB charity- 1.4 Income Incorne is rgcognised ¥vhgn the ¢harity is legally to it after any perfomance conditions have been mEt, the 8nKiunts can be measured rellably, an¢ It is probable that Income will lje r9ceived. Cash dohations are recognised on receipt. Other donations are recognised onG6 the charity has been notified Of the donaODn, unl8SS Pgrform8nce condltloris roqulre deferral of the amounL Incomo tax re¢overablè in r8laticn to donations received undEr Gift.Aid or deeds of covenant is recogni8ed at thè time of the donatK)n. Membershlp subs¢ripllor)s, m8nagemantfo8s and hall Incoma are rgcognlsed when recgived. l.G EX￿ndIt￿r# Resources expended are sccounted foi Dn an accrual basis 3nd are nat o*Eset against incom Dtrect SUPPDrt oxpenditure includes are 8xp8nditur8 directly relatod to the nÈcÈssÈry expenses in connection wsth the running of the ¢harity. Inclucfing equlpmenl hlTe, suQport 8faff 8nd propèrty costs. Qovemanoe costs (x)n$i$t of profes￿0￿￿1 fees that are requlred so that. charity may meet its 19gal and ethical requiremsnts. HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng policle5 l¢ontlnuedl 1.6 Tangible fixed assets Tonglble fixed assets are inibzlly measured at C05t and subsequently measured al cost Dr valuation, nel of d8precl8Uon and any impalrmenl losses. Depre￿atIOn is re¢ogni5ed so.as lo write off Ihe.¢osl or valuation Erfass8ts las5 th8ir residual Yalues over their seful lives on the follawlng bases: Freehold property Planl and Inachinery Fixtures, fill￿gS & equipment Nono 25°A Teducing balance 3 years Stra￿ht lin¢ The oain or10$8 arlslnu on the disposal of an asset 13 deleTmined as the drfference belween the sate proceèds and th& ¢arrylng value of rha asseL and is rècrgnised in tho stalenwnt of finan¢lal actlvllle$. The bulidinos are nol depreuated. which is e departure from the FRS 102, as it is the A$soei81ion's'pDlicy to maintain fr98hold properiie5 in such a condilion that thgSr v81ug doos not dlmlnl$h wlth the passago of lime and that any relevant expendilLffe is charged to th& in¢ome and expBnditure accounl in the year it 15 incurred. Therefore. any element of depredallon ts C1￿$[dered lo be Smmalarial and no provision is made. 1.7 ITnpa¥rment of fixed assets At each ￿pOr[Ing end dat&, thè charity review5 Ihe carrying amounts of ils tangiblg assets to dFteimin8 whether Ihere Is any Indication that Ihose asaet8 l>ave Suffered an impBimient 1035. If 8ny such indic2tion exists, the ￿COVerable arfvJnt.of the asset is 951iTnatgd in order to detem71ne the extent of tha Impairm8nl 1088 lif any). l.B Cash and cash equivalgnt$ Cash and cash 8quivaleT7ts include cash in hand, deposits held at call with banks, other short-t&mi Ilquld Invesknents with original maturities of three monlhy or less, and bank overdrafts. Bank overdrafis are shown within hoTrowings in c¢Jrrent Itablllll8s. 1.9 FJnan¢lal Sn$truments The charity has ele¢t8d lo apply ihe provisions of Section 11 'Basic Financlal Instruments. and Seclion 12" 'other Finanoal Instrufflents Issues, of FRS 1Q2 to all of ils financial inslrumon1s. Financial instruments aTe rgcoon(sed In Ihe cham1￿& bolancg 5heBt when the Gharfty b8oome8 paty to th8 conbzcbjal provisions of the instrumenl. Financial assets and liabiliti85 are offs8L with the nel amounts pres&nted in Ihe flnanclal slataments. there is a legally enforceable rt¢Jht lo sel off Ihe recognised amounts and there ss an intention to settle on a nel basis or toi realise Ihe asset and s&W6 thè Ilablllly slmultane¢)usly. Bas1¢ flnan¢lal ass•ts Basi¢ financlal assets, vthi¢h inGlude d8blor8 an¢J cash and bank balan¢e$, are Inillally measured al transaction price including transadion costs and are subGeq¢JenUy carried al amortisèd ¢osl uslng Ihg effgclfve Interest method unless Ihe aTrangement con51itules a financing transaction, where the transaction is measur8d al the pras8nt value of the Mlure rgceipls discounted al a market ral8 of Interost. Finandal a8sets classified as recewabte within une yparare no¢ amortised. HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NO.TES TO THE FINANCIAL STATEMENTS (CONTINLIED) FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles Icontlnuedl Basic financffal liabllitie BasSc financial liabllltles, including creditors and bank loans are initsally recognised at Iransa¢tion wce unless the arrangement cortslilules a linancAng Iransaclion, where the tjebt Instrument 15 measured at the present value of the fulurg paymen15 d￿cOUnted al a markel ratg of interesL Flnancial 118blli116s classlllad as payable within one year are not amort15ed. Debt inslrum8nts are subseqLFenlly carried at amorbs8d CDSt, using the effeclNe interest rate melhod.. Trade credltors are obllgatksns lo pay for ooods or Se￿1¢0$ that have been aoquirfd in the Drdinary COL*rs8.Df tsperations frorn Suppl￿rS. Amounts. payable are classified as current liabilibe3 if payn7enl is due within one year or less. If nol. thoy are presented as non-currgnt liabillligs. Trad& ¢redilor$ arè mwgnisÈd initially at transaclson price.and subsequently Measur￿ at amortised cost using the effective interest method. Dèrncognltlon of flnanclal Ilabllltlas Ftnancial liabilities are derecognlsed whon tho charity's cohtra¢lu31 obllgallong axplra or arè dlschaTged or can￿lled. 1.10 Employee benefits The ry)st af any unused holiday entid8rrienl is rewTrised in ths period In which the employee s services are received. Crllical accounting estimates and judgements In the 8pplii>tion ol IhE charities accountin9 poliaes, the truslees are required to make judgements, estimates and ￿SUMptIonS 8bout the cau￿n￿ amoLsnt of asspts and Ilabllilles that are not readily appa￿nI from othor souice5. The EStitTrates and associated assumpbons S￿ based un historical experien¢e other f8cI(xs that are considered Lo be relevanL Actual results may differfrom the8e estimatss. The estimates and undertying assumptions are reviewed on an ongoing ba319. Revisions lo Bccptjntsng astlmates are recognkggd In the pèrlod.in which the estimate 1$ rgYi$&d wherg fha ravtsion affècts only Ihat period, or in the peryod of tha rewsion and fubjre periods Whe￿ the revision slFects botlJ current and future periodo. Donatlons and legacles UnrestrlGted fvnd$ Total 2024 2023 Govemmenl gran15 HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Olhor tradlng activEtle5 2024 2023 Hall hiro Manggem8ntt8es 32.951 70.91)0 37,662 61,000 Other Iracllny a￿1VilIeS 103,851 98,682 Invo5trnontS Unrestricted unr￿trIde[l funds nds 2024 2023 Inlerast recelvablfy 73 22 Gharltsblg a¢tlvltle$ Charltable Charitabl• Expenditure Expe.nditure 2024 2023 Share of support COEts (see note 71 Sharo of govemance r051s. Is* nole 71 78,135 27.983 28,109 108.118 10- HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Support costs Support Governanee Costs ¢05ts 2024 Support Governan¢e costs 2023 Staff rosls Depreciation Property costs Equiprnont hire& legal and misc expenses 21.577 2,861 40,905 26.838 20,D57 104 25,873 24.964 45.021 1a4 25.873 2,861 40.905 12,792 12,792 10.100 10.100 Accountancy 1.145 1,145 1,145 1.145 78,135 27,983 .1Q6,118 56,124 26,109 82,243 Analysed ba￿Gen Charftablo a¢tivili&s 78.135 27,983 106,118 56.134 26,109 82,243 Govemanc8 Q)sts Snclucjes payments to the audilors of£1.14512C123-. £1,14S> for audli la8$. Employees NumbÈr of employee5 The.aver8ge monthly number gf employee5 during the yearwas.. 2024 Number 2023 Number PIOPgrty malnl8nance and cleanlng Admlnlslravoh Employment COSts 2024 2023 Wages and salaries v18.415 45,021 There were no empbyees whose'annual remuneration w85 È60,1XIO ormpre, 11 HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NOTES TO THE FINANCIAL STATEIAENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Tangible fixed a55ets Fveèhold propgrty Plant and machSTr0ry FIKiLÈros, ftln9s & equlpmgnt rot¥l At 1 September 2023 Additions 147.749 3.1Q6 65,082 8,350 215,937 8.35Q Al 31 August 2024 147.749 3,106 73,432 224,287 Depreclallon Ond Impalrment At 1 September 2[123 Depreciati)n charged in thg year 2.795 78 65,082 67,877 2,861 Al 33 Augusi 2024 2,873 67,865 70,738 Carrylng amount At 31 August 2024 147,749 233 5,567 153.549 At31 August 2023 147,749 311 148,060 12.. HULLBRIDGE COMMUNITY ASSOCIATION CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 10 Èinan¢lal Instrumonts 2024 2023 Carrylng amount of flnanclal a$set$ Dtrbt Snslrumènls rneasured at amortlsed cost 113,72Q 111,250 CaTryin9 amount of finan¢lal Ilabllltles Measured at amortised cost 19,290 9,735 11 Debtor5 2024 2023 Amounts falllng duè withln ono yèar: Olher debtor5 Prepayments and acKTued income 118,720 14 113,250 113,734 113.250 12 Credttors: amounts falllng due wi.thin one year 2024 2023 Othèr taxation and Social security Tradg cre(fjlors Other creditors Accru818 and def?rred Income 3,099 8,194 9,865 7.534 2.201 21,40B 12.834 13 Related paTty tronsactions Duiing the year the. charity received loans from ronnected persuns. As at the year end, the charity owed Hullbridge Communiiy A8sociatlon Pre-S(*001 £5,194 12023: £7,134) and vias owed £113.720 {2028.' £113,249> by Ihg Hullbridg8 CommiJnityA550riation Social Club. The charity rec81¥8d man&gèmbnt fa6s from Hullbrldge CommunltyAsso¢lation S￿la1 Club IDt315ing £57,000 (2023: £57,OQOI. The charity received manageTRent fees fmm Hu15bridge Community Cerilre Pre-school tolallino £13.900 (2023; £4,000). 13