Charitv Number: 275251 LEE-ON-THE-SOLENT COMMUNITY ASSOCIATION TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEIIIBER 2023 OL17MOVEit&COACCOUNTANT6LTD CJIARYISiEDACCDU14TANTS A31AEOURNEAIOiFfHROA CIL4NI>LERSFOIUI, HAMPSHI SO53JAL
LEE-ON-THE-SOLENT COMMUNITY ASSOCJATION TABLE OF CONTENTS Page I Legal & AdminÈstrative Infornlation Pages 2 to 4 Report of the Trustees Page S Independent Examiner's Report Page 6 Income and Expendire Account Page 7 Comparative Income and Expenditure Account Page 8 Balance Sheet Page 9 Cash Flow Statement Pages 10 to 15 Notes to the Financial Statements
LEE4)N-THE-SOLENT COMMUNITY ASSOCIATION LEGAL AIYD ADMINISTRATIVE INFORMATION Lee-On-The-Solent Community Association is an unincoorated entity and a registered ¢harity governed by its m¢morandurn and articles of association. CHARITY NUMBER 275251 DATE OF REGISTRATION 10th March 1978 HOLDING TRUSTEES The holding trustees serving for the period 1st October 2022 to 30 S¢pl¢mber 2023 were a8 follows'.- S Brown D R Kimber F Thompson S P Green M Berry Chairman Resfigned D¢¢ember 2022 Vice Cbairman, Treasurer Appolnt¢d May 2023 PRINCIPAL ADDRESS 51 Tivyford Drive Lee on the Solent Hampshire P013 8JU ACCOUNTANTS Northover & Co. Accountants Ltd (Michael Northover TD FCA) 132A Bournemouth Road, Chandlers Ford, Hampsbire S053 3AL BANKERS National Westminster Bank PLC 52 West Street Fareham Hampshire P016 OJX
LEE-ON-THE-SOLENT COMMUNITY ASSOCIATION
HOLDING TRUSTEES REPORT
FOR THE YEAR ENDED 30TH SEPTEMBER 2023
The boldin3trust¢es preserlt IheiT reporf •nd fin¢1[ mIeRn¢ foFth¢ yEar¢nded 30 Se&beT202j.
The filncial511cnl15 have been prepared UL ac¢ordart¢¢ withthe accounlingpoli¢ie8 Sd out in not¢ I to th¢ finanoial
sialemenis and con¥ly wilh th¢¢harity'seonslitulion, thecharilies Aet 2022 aDd AtntIl8 and Rq)ortingby Charilt¢g'.
Stat&tOr Recommcnded Pr8clic¢ applicable to charittegpreparing their cOlts accDtdanr¢with th¢ Finan¢ial
Reportillg SiandaTd appli¢able Enthe UK otMI Republic ofIr¢laNI IFRS 1021 leffeclive l Jallry 20191"
OBJECTIVES AND ACTIVITIES
Oblecls alThs
Tbeobjects ofth¢ asso¢iati(rfL indud¢the PTOtllolI( of th¥6enefJls to illbabitants of Lee Dnihe SolEntatsd tbe
0ghbOUrhOOd ID 3dvancr¢dueatsoo And provide facilities fLY Ihe re¢r¢alion and ki4uJEb¢ll¢fLI of ther¢sidents.
ObJeetlve4 4tr•leglos &nd etivliie4
Comrnunity CUtr¢proVid a facilityby way of ha115 and committee rooms lo allow our¢ommuthlty ro m¢ei 8nd w01¢ their
Ikiiettsts. Thes¢ includ¢ dan¢ing. iable t¢nnis. sewingand I[e ivovk, furtheredu¢HlIontl>Uuh HCC and Ivrul ¢oun¥il¥nd
r9nge of a00[l¢tiV1¢1¢S 8u¢h as football leaguet¢aiJ¥%b P
LEE-ON-THE-SOLENT COMhlUNITY ASSOCIATION HOLDING TRUSTEES REPORT FOR THE YEAR ENDED 30TH SEPTEMBER 2023 Continulng ¢ff¢¢t of CoYonavlru$ on tht rbarllles (bp¢ratlon (¢ont.I Ag4in. no IjOrrCPa orrofurbi8hnMipiogrotnm&s wereundcrtakn durÈrJglhcFY. As ill FY 2021-2022. the majorttyof the r¢fi)rbbl8od rnainiettan 7vItieS have been cgrried out by memb•E of th¢ wmrnittee and other volunteers ivilh only thefosl of &58tI81 DWt¢Jial¥ b¢in4¢bar8ed to th¢ Associotio We cimtiDuedpayÈDgthe illgtsits uttderthe agreed payjnent plan fordie vLxy18rge bill that resulieil froJL th¢waier leak that went undetected during lo¢k down. This will¢oniirtue ITIIop3rtof FY2023_2024. PINAIYCIAL REVIEW All ¢ommiiitts ha vieWed she ]]LdepcndentExaminers figureg ivhicb sknw hpw the Assori&lio]J isr¢covering fromthe effects of Covid.19 on ¢Thlty. PIeY on rei¢rves Th¢ d¢¢i$ioth that a wht&serve eqLyAlentbb¢knv¢¢n ibr¢e 8ttds llJODibs expetsdiaire is consid¢red bytb¢h0id8 bust¢45 to beon¢lha¢shovld b¢m0inla¢d but Ghould berevI<W in lh¢ n¢xi FY. Si8nifi¢anl progres5 15 being IllRth to tOre the eagh Eeserye lo thi$ kvet #fter itwas 8ignifjcaAily depkled thrwgh Ivckduwn5. srRUCTURE, GOVERNANCE AND IIWYACEMENT Natureof goyernlllide¢llt Tkn a6soclaiion WtscOnBtiIedl7derthe National F¢deration of CoJnrJMLnityAsso¢iation on 18 Nov¢mber 1977. The Executive CoMiiiiti¢¢, widcrthe of Ih#¢onslittJlioR, handles ihcday lodaydclail of th¢ 4ssorigllDTr¥ busiDeSS. Their role to ensure &eonlinuing3trrJtn ofinwtDE frDtD Ihe varms activitie5 of Ibe8¢1210n in older Eurreol expenditure B5well &4 setting 8sidt furtds for fvhJr¢d¢v¢loprneDI. Comml8slon trw$t¢e req¥lremtn All newASltion comnytlee m¢mbw5 werc advlsed of thetr tesponsibilitKsHs m&nagingtrns1tt5 andhave 8lled appropriate agrettlle&l forn. Recrultment and ppolNtmtnt olHoldiDgl'rllsteos Thetsu$ieE5 shall beelected by I1¢¢1t¢¢ anli Ihry shall resp¢¢tiveJyhJld officeulllil dth or regi0 Ujhlesg remov¢d officebyTesolution of theCortimilleL The HoldingTEusltts shall b¢nDt mDreth8 sixand noi le35 than fwr. OrgADlslltlon Jtruetsre Th¢cmTrity AslaIl0 CouDcil is mad¢vp of¢¢ntrrpartiripa¢ingwup iepres¢nlaliYes gnd all equ&l numbLYof Mem1v0fed in al IheAGM. Each DTrJnbcr of the ¢ouo¢il ts a TN51ce aRd si5 a declaration a¢¢eptingth¢ir rupon8ibAIity atthe startofeach ye4r. Th¢EXtivCOImltt¢e is formeil ftom willjin thts Council. A8 meniioijed IN I 15. IheLeeCollThIty Association Sociilclub withijk Iheas$ociiitin's control, Ihc facilityon sitand or8aDise$ events therein agreed by Ibe Executive CODunittee. Th¢ceJktearoloy¥ a fvll-limrmanasrt and dEputy tDana8erandcleaning5taff as required. Four hotdillg trllslee8ele¢tel a$reqU¢d ai AOM areresp0tt5ible foi IbefiDancial atTan8¢UKDts atml Stt¢tiIr¢orthe bwildin8S through I¢9, and ar¢rwnsibie 10 th¢ landlords GospDrt Borough Council and to IhcCh4rity Conlliikssion.
LEE4)N-THE-SOLENT COMhlUNITY ASSOCIATION HOLDING TRUSTEES REPORT FOR THE YEAR EIWED 30TH SEPTEMBER 2023 Offieers of tht ssociatlOD: Mr steph Brown Mr Frnk Thompso Mtss Nota8ha DeAll Chlrman Vice Chairmatt, Treasurer Secretary Individw#l cojnmillee mernbess artd fru&te#'. Mr Si¢ph¢n Browii. Mts Sylvia Blown, Mkss NaiasbaDean, Mrsleve DouEia5. Mis Helen Douglas, Mr AdriRn Dykes. W¢ndy Dykes (Appointed Augu512022), MrDtren Start, MrFrankThompson, Ms Kim Tvemayn4 MT AlaD Whittakcr, MTSlwhtiiOreen, MrDerek KinJlxT{Re$i¥ned De¢ube 20221, MrRi¢b8rdMeek {Appoinl¢dAugust 20221. Mr A#dr¢w Kitk{Appotllled August2O221 a]xl Mtmatk Be4ry (Apwillt¢41 Moy 20231. Centr¢ Man8gei': Mrs L15a Woodfill¢ Centre Assffi5tAnt Manager: Mrs Helen Douglas ThoholdgtruBleC5, rqJoFt wa¥ appr¢v¢d by th¢ Board of HoldUTTUSI%e& Mr Stephen Brow Chai DAte....-.....
LEE-ON-THE-SOLENT COMMUNITY ASSOCIATION INDVPFNDFNT EXAMINER'S REPORT TO THE TRUSTEES OF LEE-ON-THE-SOLENT COMMUNITY ASSOCIATION Ireport on Ihca¢counts tsf th¢ ¢ompany ftttht y¢ar¢nd¢d 30th S¢plrthr2023 Ivhi¢h aJr3d out 6 ¢0 IS. RESPECTIVE RESPOTrISIBILrrIES OF THE TRUSTEES AND EXAMINER The th]stees aierespoii$ibl¢forthe preparniion of the a¢rounts Trnd IhEy C4)n5ideithal an audit 15 Trot rwuiied forihis year uthd¢rs¢¢tson 14412)ofth¢Chariiies A¢1 2022 Ith¢ 2022 A¢tl and thai all ilidependEnteM1rt#t1n is pernliab1e. Hav8 slisfJed mys¢lfthal th¢ thlrity is not 3ubi¢¢i 10 an audit and is eligible indep¢nd¢RI ¢xaminatioN it is my rtspomsibility to". exmiNe tke under 8eetioTr 145 of Ibe 2022 Act. fouow thepr•¢edurts laid th¢getter Dlrt£don$ tlvt by the ChirltyCommi$51oD uthdtr seetloTh 14515)Ib) Df tlbÈ 2•21 Atl., And $t4t¢whelher p&rttcU1 hve ¢fjm¢ to my &ttÈJbtlDh. BASIS OF INDEPEIYDEf4T EXAMINER'S REPORT My examin&tionw&s caTtied out in accordance with the genffBI Dtell0 given by the Chatity Conu£S1on. An exaTnin&tion inch]des a review of theaccoulltillg recordB k¢ptby the charityBDdg compBrison of th¢ accounlspresented with Ib0[rds. ItaL%o illcludesconsidetAtioll of 4]ky unusiiaI ilejns or di%closur¢s the accounts, A1 secklljg explan4lion5 fromyou ÈS tsUSteeB CoDClingnY such Inatlers. Tlieprocedutes undcrtakell do not provideRII Il eviden¢e thitwould be required in fyudiL Hnd coth$cquenily no op110 is given 8S to whetherth¢ cOuntpreSent "trnv and fairviBW° and Ih¢wrt 15 litDiled lo tkn5¢nIlE scluul in thBs&lemeRt below. INDEPENDENT EXAMIf4ER'S sfATEI MENT In ¢0JLttlOnWith mytxaminution, no]natterhas COTneto tny Ett¢ntion.' {1} whi¢b gives mBreasoble¢DU5¢ to bBliev¢ IliaL in any JllateKis1 respec1.therquCent.' loktep •cCoundngr in atcordatteewith setlion 386 ofihe C¢mp8rtie$ A¢t2006,' nd lopr¢pBreaollts which 3gr% wilh lkne 8ccoulllg rorILlAnd¢01I4)Iy with the accoulllillg reqllirelllIlS of section 396ofth¢ CompQDi &cl 2006 and wilb Ibe mellJod8 3JLd principl of Ihe Sla*menl ofRecommended PrA¢li Acc118 lllld Reporhng byCharilic6 hgve]NrtbeenT]W,' OT (2) to whi¢h, in my opinio]k, attention 5hDuld b¢drawn illordEr ID Cnablc apiDpcr ndE[standIng0r Ih¢arEounts lo M A Northover TD FCA behalffjf NORTHOVER & CO AccouTrrrANTS LIMtTED CHARTERED ACCOiTNTAf4TS 132A BOURIYKMOUTH ROkD CHANDLERS FORD, HAMPSHIRE S053 3AL
LEE-ON-THE-SOLENT COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL AcfIvITIES FOR THE YEAR EIYDED 30TH SEPTEMBER 2023 SUMMARY INCOME AND EXPENDITURE ACCOUNT Restrict Unrestricted TOTAL FUNDS Notes Fllnd$ Funds 023 INCOMING RESOURCES Incon]illg t¢50utces from gen¢rated fwiits Charitabl¢ activilic5 GoY¢rnni¢iit grants Social Club ancome It}vcstllt income Other incon]e 211.010 211,010 1,50 1,50 566,037 566,037 3J 33 216.992 lJ.5flil 523.566 { 15} 14) TOTAL INCOMING RESOURCES 778,580 778,580 752,061 RESOURCES EXPENDED Cljaritable activilies Social Club expendilure 357,555 357,555 421,7Y9 421,799 412,325 5Q3,S2 TOTAL EXPENDITURE 779,354 779J54 806,277 NET INCOMING RKSOURCES 'OR'fHL YLAX BEORE TRANSFERS (774) {774) (54.2J6J Transfers between thnds NET INCOLVIEI(DEFICIT) FOR THE YEAR 774 {774 154216) Totsl fvttd$ brou8ht foThvard 171,lllb 171,110 225,326 TOTAL FUNDS CARRIED FORWARD 170,336. 170J36 171.110 Th¢ IDcome and Expenditure Account includes all gains alld losses re¢o8nis¢d in t&¢ y¢ar. All income and expenditure dcriv¢s froin continuing activitie5.
LEE-ON-THE-SOLENT CoMIurry ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDCI D 30TH SEPTEMBER 2023 COMPARATIVE SUMMARY INCOME AND EXPENDITURE ACCOUNT OT FUNDS Regtrle¢ed Unrestrlcted Notes Funds Fullds 2022 INCOMING RESOURCES Incoming resources from generated filnds Charitable activities Government grgnts Social Club in¢om¢ tnY¢stmeDt iwome Olher in¢om¢ (2) 3JO.992 lJ,500 523.566 216.992 lJ,500 523.566 (4) TOTAL INCOMING RESOURCLS 752,061 752,061 RESOURCES EXPLNDED CharÉtable activities S1&1 Club ¢xp¢llditure 412,325 393,952 4J2,325 393.952 TOTAL EXPKNJ)ITURB 806,277 806,277 NEY INCOMINC RESOURCES FOR THE YEAR BEFORE TRANSFERS {54,216) (54,210) Trwfers b¢twe¢n furtds NET INCOMEI(DEFIcrr) FOR THZ YEAR (54,216 54.216) Total funds brought fon¥atd 225.326 225,326 TOTAL FUNDS CARRIED FORWARD 17J,JlO 171.lJO
LEE-ON-THE-SOLENT COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2023 TANGIBLE FIXED ASSETS (8) 160,031 180.875 CUR4 Nf ASSETS Stocks Debtors Casl) at bank and in hand 9,480 20,142 ,335 9,222 18,980 13,OJ8 (9) 41.220 CREDITORS: Amounts falling du¢ within ¢)n¢ year (10) 27,652 Sn.985 27,652 50,985 NET CURRENT ASSETS 10.305 (9, 765) NET ASSETS £170,336 gJ7J,JlO CAPITAL Unrestricted funds General fund Social Club- General 1)d Design*ted fund Building fund (272,315) 245,446 (127,303) 101,208 197,205 197.205 £170,336 £J71,JlO The financial 8tatemeThtg were approved by the board on alld skgned on its behalf by.. Mr Stephen Brown Chairman
LEE-ON-THE-SOLENT COMMUIYITY ASSOCIATION STATEMENT OF CASH fiLOWS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 2Q22 NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES ( I } (4,716) (36,908) CASH FLOWS FROM INVESTING ACTIVITIES Interest received 33 CASH FLOWS FROM FINANCING ACTIVITIES Fixed Ass¢t addition8 CASH FLOW 4,683 (36,905) NET CASH FLOW FOR THE YEAR Change in casb and casli equivalents in the year (4,683) (36.905) Cash and cash equivalents at the start of the y¢ar 13,018 49,923 CAsh and eash equivalellts at the elld of the year (21 8,335 J3,OJ8 NOTES TO THE CASH FLOW STATEMENT FOR YEAR ENDED 30TH SETPEMBER 2023 I IYET CASH FLOW PROVIDKD BY OPERATING ACTIVITIES N¢t movemellt in funds for the ye4r Intcrcst rcccived Dq)recialion (Increase)/decrease in stocks (Increase)/decrease debtors Increasel{decrease) in ci'editor8 (774) (3.3) 20,844 (258) (1,162) (23,333) (54,216) (3) 21.219 915 110,278) 5,395 (4,716 (36,908) 2 ANALYSIS OF CASH AND CASH EQuALENTs Cash at bank and in hand 8,335 J3,018
LEE-ON-THE-SOLENT COMMUNrrY ASSOCIATION NOTES TO THE FINANCIAL STATEfifENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 io. L AccouprfING POLIC]ES 1.11 BASIS of prepAratlon of tlnanclal statements The f1R[ 5tst¢rnents h&ve bEEts piepared in attord8ncc with the Charities SORP (FRS 1021- Ac¢ouJititl8Attd Reportira byeh8riiie5'. Stai¢mentof R¢eollYneDd¢d PrActiceapplicable lochatities preporing their HCCOUDts in accordallce with the FillAncial ReporfiDg Standard appliubl¢ ¢0 IbeUK and Repwbli¢ of Jrelatsd (FRS 1021 {eff¢rtiv¢ I13ttry 20191. tbe Fill8n¢ial Repooing Standard 8ppli¢abl¢ in IbeVK oDd Republic of IrelADd (FRS 1021 aL th¢Clwili¢$A¢t 20LI. Lt&On-ThtsSoleDt Associaiion tt[3 thedBfmition of a public beiKfrt enlityunderFRS 102. Assds and li8biliii¢s ar¢ Énitially wognised atbÈslorical cos1 or trunsaction value UDless olhetwiscslEled 5nthcre1ev1 llCCOUDIiDg policy. Generhl aT¢Uttrestri¢¢ed funds ivhieh are available for¥seat Ihe discrdion of Ih¢Trll8l¢¢s in furlheranc¢ of th• 8ther•l obj¢¢iiv¢s of tb¢ ChRrity alld ivbich hav¢JJol beeD desiBnaled forotherputposes. Degignaid funds COMtye unrestricted fTrds th8thaveb¢en set asideby the Trust forpaTliculBr purposes. Tbein aDd U5eof CathdesitCd fund ale s¢loul in lh¢ nDt¢S to Ihrfinanci&l thIr[n¢3. Rri¢tcd funds )rc whiLthare lo bc used in aCcdAnce with specifiotesiriclion& iinpoBcd bydonors orwhi¢b havc b¢eTh tal bythe Chiiy fts'parti¢ularpurposes. Th¢ costyof raisiDg4nd adMInleIll8 su¢h fvnds #r¢¢hargtd a8aih8t t&¢ spr¢ifi¢ fund. 1.13 Infome All inc{H És reCo)iSed once the Charity ha5 ¢rtQiflenwttothe th¢ome, it 1$ probablethat the inrornewill beTeceiv¢d &Dd th¢amouni of in¢om¢ r¢e¢iv8bl¢¢an b¢ m¢asured reliably, ItKomelaxrecov¢table Rlalion todonplÈDns rK¢Jvetl t¥itIAt ord¢¢d5 Qt'WYEnon¢i8 ttcowiscd at IbetimE Ot'lbE donation. 1.14 Expendlture ExpKDditurc IS FcrQgDi3 thir¢ 15 g1¢8al wrotsttudiv¥obli8alim lo tran5frrcnOMIQbn¢fil lo H Ihijd prty. it is pmbable ihat 8 tralferOf eco0Ml¢ benefi15 will be requifed irt 5Ettl¢Dnt HndtheamouThtof obligatian¢anbe T¢liai)ly. Governa1 ¢ost$ are tho&¢ iiKumd In¢ot¢¢ti0n ivilh &thl1$ali0n ofth¢ ¢harity ¢ompliinc¢ withtonsiituiiotial othd Sl8¢uiory r¢quir•n¢nts. CD51s of g¢nEtating ththd$ are ¢osts incurred in9ttractivQnt£ry intonje, ondthwe io¢utttd irt adivilies thatl418 1.15 Tanglble fixed Aslets A5ws arecapilalised wheretheir illdividual value excceth £l.000. Fixe41 AsselB are stated al c4>St. DeWl£tiOn i¥ provid on Ell langible fixed a53et&al talEsral¢ul&ted 10 w¥ite off the¢o$tofy&luatiorJ, 1¢$$ EStim4led residual value. ofeAch&5set ¢v¢n]Y¢)r 1tsexpUtll$¢fjll lif¢ a StraitI]nb&sis. Th&rate5 rnQSt in ¢8¢h 1¢Boryar¢as folioivs.. LEa¥ebold wop¢rty Sport equipnKni Furnituie, fLX1r¢& & oifi¢¢ Equip1 Plattl and equipment 2.515% sttal}t litte IO¢A s91ght lin¢ IOJ/o s1&¢ lillc Io'k straight linB 1.16 Deblorj Trad¢ond tsth¢rd¢bioY$ 8r¢ I¢¢olEed al the s¢tlkmeJLtAtllauntafter allytrade dis¢ounl off¢r¢d. Pr•paym¢nts 8r¢valued it the amount prepgid net of 8nytrad¢diKountsdu 1.17 Ca511 at b&&k alld in Cash atbank atsd hand includes cash aDd shorr-l¢mi liighly liqiiml with a short tlJ)iUTity of ihreemotsiiks or l¢s& fr(xlllh¢daleof acquisilioii opeiJin8 (bf Ib¢ikFwxiI orsitniiai accouDI.
LEE-ON-THE-SOLETrIT COMMUNITY ASSOCIATION NOTES TO THE FtNANCIAL STATEENTs FOR THE YEAR ENDED 30TH SEPTKMBKR 2023 I ACCOU14TING POLICIES (ttsnt.) 1.18 Ctedltors Creditors oThd Provisions arettcognised ivhere Ih¢chrity has a PTesenti)bli8ation re5u115ng froMI a past event thHtwill probably re5uII the ttanstEroffids third partyand the amouiit due tosettlo Ilieobligation be nieagured Dr estimated rebAbly. Creditors and proviyi0Ms ar¢ttoymallyi¢¢o8nised al their setlleiiienl Binountallerallowing for anylrode dionts thK. 1.19 IDstrumen15 Tho Ci)mp4nyhag ele¢ted la applyihepr01ri5ion$ of SecliVJL I I 'BasÉcFinancigl Iwlrutnent8'ofFRS 102 lo Bll of ÉIB financial IttHI¢nts. Financial Instsmll1g are rtto8nised in the ccwattjls balaft th¢tl whw tli¢¢tynpanybrronws Party l(bth¢roThtrnGfual provssioth$ of the iRgtrument. Basi¢ financial as5cts. which iiiclude debtors Ai]d bank balBtices. are intlially measured at Irallsacsion price includittB trnn¥a¢lionro&18 arc8ub3cqucnilyr&tticd al amortiscd cosl Us Ihc Ctive interest inetkn. Financial assets classified as receivablowithin one yeirgrenoiamortised. B0si¢ ffittancial liabtlilics, including creditrf8, are iniiiallyrecowjised Al IrBDswlion Price attd are sub8equeDllycatried at gnJorti$¢d $1 usingth¢offe¢itv¢ intrrest meihod. Ftn8m¢ial liabiliiies ¢las$ifLed #È pay#bl¢withTth y¢ar ire not amorfi%ed. 120 R¢tirtm¢nt beneflts The chBrityopeiatss d <kfJned contribUt)n pensimscheme. Cottlllbulions arneJJtsr8ed in Ihestst¢Jneni of FmallciAI aciivitieg as thy paYablr in arGoTdatw with th¥ tulr4 uf Iho hv. 121 Th¢ ¢hArity is exempt fro¢n CQEpornlion tax on its cha¥itablttacllVItics. 1.22 Colllg cokntttn Al 1helle0f approvi8 the fiiL4n¢ial sialemen18 and after¢on8idcEÈn8 variw$ possibl¢ l¢v¢15 of impLCtof Covid_19, tbe holditt¥ ITU81eeshav¢ i rea50n&iQee%pe¢*aiiort thai Ihe¢h•rityh#s adequate T¢S0rGe Ioc4)ntinu¢in watIOnal ex1steT£ for th¢ foreseeabl¢ lulur¢. Thv$ Ih¢lM)idittg irnyiees conlinue logdopl I1¥0n8 rD]¢rn ofacrwrtLin¥ iii pr¢parin8 111¢ r5Th¢1&1 81aieiheni$.
LEE-ON-THE-SOLENT COMMUNrrY ASSOCIATION NOTES TO THE FINAP4CIAL STATEMIENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 12. 2023 202 2 CHARABLE AcfiviTIES. iNiESTRICfED co1tyC¢ttt Social Club establishmentand licence fc¢5 77,510 133 500 85,492 133.500 2JlOIO 216.992 3 COVERNMENT GRANTS Council grants 11,500 Jl.500 4 INVESTMENT 1Tr4COME Interest receivable 33 5 OTHER INCOME Insurdrrfe olaill 6 CHARITABLE EXPEM)ITVRE- UNRESTRICTED SUPPORT COSTS Dir¢ct costs Staff ¢0815 Preinise5 costs Inforrllation Iwhiiology Adillinislration ¢osls Fittane¢ ¢osls Depreciation 47,968 210,437 59,457 2,2117 1,278 10,022 04,801 231,043 71.792 2,801 9J8 9,906 21.279 352 213 402.600 GOVERNANCE COSTS Ind¢p¢nd¢Dt Examinatio Ac¢Y)u¢il8ncy Legal and prnfrs8ional 2,500 2J42 7.225 5J42 9.725 TOTAL CHARrrABLE EXPENDITURE 357555 412.325
LEN-THE-s0LT COM[UNITy ASSOCIATION NOTES TO THE FINANCIAL STATEMENT,8 FOR THE YEAR ENDED 311TH SEPTEMBER 2023 13. 2022 7 STAFF cosr6 Ways and 5a14riC So¢11 ¥¢¢uriry¢(is P¢nsion Cgsual wae88 Otherstaff costs Rccruitnwjl cxpeoses 184,515 6,672 7,517 7,875 1,222 1,216 2IJg.909 7.J45 10.469 863 1,280 I,J57 Total staff costs perchoylly 210 437 231,044 av¢rage nuMb¢r of 51aff ¢mployed during the year wa8 15 (2022.. 181. There were rto eTnployees wbose 4DnU81 remwJ¢ratioJi was £60.(KIO er nJDre. At the end. there were outst5jlDgpCsi0n contributions payablc of £1,793 {2022.. £1.1601. Total nsion ¢onlL'ibutions of £7,517 (2022.. £10,489) W¢ paid by (he chlrityatsd are itKluded th¢ SOFA. 8 FIXED ASSETS Le¥thold and Vlxture$ SptsTt¥ PropErty Eqwlpm¢At FittlDgs Equlpment Totsl COST Brnllght forwaré Addition$ Di5POsals 534,735 20.579 44.787 1,573 601.674 5J4735 20,579 44,787 1373 601h74 DEPRECIATION Bro¥8bt forward Pn)vided durthgthe YeAt Eliminadon Di8pos*J Caied fornvard 373,406 17294 9.02L 1.825 36.799 1,725 1573 420,759 20,844 3gQ,7VO 10,846 38,524 1073 441,64J CARRYING AMOUf4T tJD Septernb 2022 144,035 9.733 263 ioo.oji AI 30S¢wetyiber202J 161.329 JJ.558 7.911 180,875 9 DEBTORS 202J Trade debiors Other tAxalion aftd wial s¢tyrity Oth£rdeblors Pr¢payments and¥¢rudin¢om¢ 9.192 8.712 0,308 1.718 2.182 9.200 1,7511 20,142 10 CREDTTORS., AMOUNTS FALLING DUK WITHIN ONK YEAR 2023 22 Trad¢ ¢rtditiKs OthBiriEditot5 htr KIll)n artd social secwity A¢etuals deteTred inrome 7,125 1266 14,103 11,543 2.432 13.79 23.212 27,652 50,985
LEly-TllOLENT cOMTru[Ty ASSOCIATION NOTES TO THE FINAIYCIAL STATrLrNTs FOR I'HLI YEAR LNDED 311TH SEPTKMBKR 2023 14. 11 UNRESTRICTEI D FUNDS Futsdi OTwd Intr•we xpen<Mre Transfera Building fund Total Desiwiai¢dFullds 197,205 J97,205 197.205 a¢rRI fuDd S11 ChLb- Ger[(Und (127,303) IOJ,208 212.$43 1357,555) 566,037 421,799 {1713A51 245,446 171.110 774 580 17 Thed¢sign&d fund ropr¢s¢nts funds ¥d asidrby the ttustee3 forlhc developmert1 ¢xpan%ion of thebulidin8. 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS U¢$1£1ed ReslAeied 2023 Asoi30Sepi¥ikJ.2023 Ta]]¥ible fix¢d AS15 160,031 9,480 20,142 8,335 i0Q031 9,4BO 211142 335 Debiors Bank and Cash cltIOrS 170 36 17 336 Ullreslrleted Restrtded 2022 As ui30Scpl8iNbrr2022 TAngibleFix¢d Assets St4¢k Dcl)totg Bllnk Cash Creditors 180.875 9,222 18.980 lJ.018 0,985 180.875 51.222 18,980 13,018 11J,JIL) 171,lJO IJ TRUSTEESt EXPENSES During Ibe yearonlytxpontt5 wer¢teinursed lo th¢TrusIc ID ro%pe¢t orpfg¢ and piifiitt8costs ad yitiJiLgr iteths inciured by JI¢rnDThbehalfoftho ehlrity, or form8l¢rialssuppliEitbyth¢m t¢ th¢ ¢h8riiy. No r¢tnunl1rtW8$P9Id go any hokliDg TnL3le¢5 year. 14 OPERATING LICASE COMMITMENTS Al the rewtstigelld &Èlehe ¢hayi¢y had <tsIndINg¢0nuDIlltr forfutvT¥ toiBiD)wtt1ePaYth ullderwts-¢otwllabk operlltimg IEaae5, whieli fau due8s follows.. 2023 022 Witliitt ort year Bclwcen two und fivey¢ars OverflYearS 1,7DO 6,8110 14,769 J,700 0.800 16,469 2J,269 The laod IheAsswsaiioJioccupi¢s 18 VWDrdbYOWrtBvr0uKbCwll¢ll. It i8¢urrentlyprovided by Ibe counc ata 5igttifi¢8nily dixwunled r¢nl of £453. Th¢ Etas¢ i% subled k)periodie reni revi¢ws, however. Ihe misesdoAoi VISdge & literIllI incre05¢ in Iher¢nt thrge being made agall1 th¢AssocialTr ill futur¢y¢E. The¢tren1 kBse cxpiyes in July2080.
LEE-ON-THE-SOLENT COMIVIUIYITY ASSOCIATION NOTKS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 15. 15 LEK-ON-THE.SOLENT COMMUNrrY ASSOCIATION SOCIAL CLU The IM¢2d exdI1r¢ r¢latlng t¢ th¢ barai¢i of th¢Assoriall1rG$¢9ra1¢IY accouDid for inth¢L¢£-Ort-Th¢-Soknl CrAmunItYAs$lllIon So¢ial Club Ar¢oMnts. Th¢5eaCC4>unts do notconslilule e separ8t¢chanty aiid therefore liayebttn 8mal8amÈted withitt these accoynts. Below gresummarised rcyults for Lee-On-ThtsSoknt Community A5$oc13tiI 8oclal Club for tlie yeai endcd 30 Scptcw 2023. Th¢ 1&18 from the8e4ecounis bavebeen wYe$¢Thd#s amalgamaid lin¢s on th¢ fa¢t of lh¢ lrt¢rth¢ & Bxp¢ndiiiir¢ A£c(rtLnt. INCOMll¥C RESOURCES 2023 Ilgres0ue8 from grerated fllndy aritable ocliville5 Gaming n¢hine5 lknvemnjettl Br&s 435.086 ijowo 415,640 107.914 61 Total In¢omlngresoL¥¢ts 523.566 RESOURCES EXPENDED Cknit4ble activities 326,939 918611 320,D05 73.947 TOTAL EXPENDITURE 421 799 595.952 NET INCOMINC RLSOURCES FOR THE YEAR BEFORE TRANSFERS 144,238 129.014 TrBnstivs letween fvnds NET INCOME FOR THE YEAR J44 238 J29.014 TotalfutthknyJ8htfoDvd 101208 8.400 TOTAL FUNDS CARRIED FORWARD 101.2(kg