THE WESTERN COMMUNITh CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE WESTERN COMMUNITY CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
| Section | Page |
|---|---|
| Trustees and advisers | 3 |
| Trustees annual report | 4 |
| Independent Examiner’s report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 10 |
THE WESTERN COMMUNITY CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES AND ADVISERS
PRINCIPAL ADDRESS
Western Community Centre Somerset Road Swindon SN2 1NF
TRUSTEES
Mr G Hambidge Mrs C Hambidge Mrs S Grey Mrs J Walker
ACCOUNTANTS
Partridge Accountancy Services Ltd 26 Yells Way Fairford Gloucestershire GL7 4GD
THE WESTERN COMMUNITY CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE GOVERNANCE AND MANAGEMENT
STATUS
Unincorporated association formed in September 1983 and registered as a charity from that date. The association is governed by its Constitution of 22 November 1984.
REGISTERED CHARITY NUMBER
275749
TRUSTEE APPOINTMENT
Trustees are G Hambidge, C Hambidge, S Grey & J Walker Glinn Hambidge appointed chairperson 30/3/2018
Elections are held at the AGM and all positions are elected at this point.
OBJECTIVES AND ACTIVITIES
OBJECTIVE
The objective of the association is to provide a Community Centre
ACTIVITIES
Having regard to the Charity Commission's guidance on the provision of public benefit, the association made available the community centre for the benefit of the local community and clubs and associations in the Borough of Swindon.
FINANCIAL REVIEW
RESERVES
The association retains surpluses earned in previous years in order to apply the funds to ensure that the association can continue to achieve the objective of the association. Details of the income and expenditure are set out in the accounts.
For and on behalf of the trustees
G Hambidge Trustee
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
THE WESTERN COMMUNITY CENTRE
FOR THE YEAR ENDED 31 MARCH 2024
I report to the trustees on my examination of the accounts of The Western Community Centre (“the charity”) for the year ended 31 March 2024.
I confirm that I have examined the accounts, bank statements, and other documents provided to me by the trustees.
I can confirm that I am satisfied that the accounts and financial statements correctly reflect the financial position of the charity for the year 2023/24.
Carla Santos Independent Examiner Date: ...................................
Partridge Accountancy Services Ltd 26 Yells Way Fairford Gloucestershire GL7 4GD
THE WESTERN COMMUNITY CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
| Note INCOMING RESPOURCES Interest income Income from Charitable activities 2 EXPENDITURE Charitable expenditure 3 Governance costs 4 Net incoming / (outgoing) resources Funds brought forward Funds carried forward |
Unrestricted Funds Total 31/03/2024 £ £ 34 34 28,733 28,733 28,767 28,767 (26,725) (26,725) (4,327) (4,327) (31,052) (31,052) (2,285) (2,285) 4,447 4,447 2,162 2,162 |
31/03/2023 £ 8 26,432 |
|---|---|---|
| 26,440 | ||
| (26,018) (7,274) |
||
| (33,292) | ||
| (6,852) 11,299 4,447 |
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2024
| Note FIXED ASSETS 5 CURRENT ASSETS Cash at bank and in hand 6 CURRENT LIABILITIES Creditors <1 year 7 Net assets FUNDS OF THE CHARITY Unrestricted Funds |
Unrestricted Funds Total 31/03/2024 £ £ - - 3962 3962 (1,800) (1,800) 2,162 2,162 2,162 2,162 |
31/03/2023 £ - 6,667 (2,220) |
|---|---|---|
| 4,447 | ||
| 4,447 |
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 144 of the Charities Act 2011.
The trustees acknowledge their responsibility for ensuring that the charity keeps proper accounting records and for preparing financial statements which give a true and fair view.
These financial statements were approved by the trustees on and signed on their behalf by:
G Hambridge Trustee
THE WESTERN COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1) Accounting policies
Basis of preparation
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the entity and rounded to the nearest £.
Incoming resources
Incoming resources are recognised in the financial statements when the charity becomes entitled to the resources and the monetary value can be measured with sufficient reliability.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
Tangible fixed assets
Depreciation is provided in order to write off each asset over its estimated useful life of 4 years.
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.
THE WESTERN COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
| 2) Income from charitable activities Hiring of community centre to: Camera Club Chacha Church Guys n Doll Little Kickers Mums That Move Parky's Singers Phonics Reading Fairies Slimming World Songbirds Spiritualists Tiacho Toddler Sense Other 3) Charitable expenditure Catering and Entertainment Cleaning, gardening and materials Insurance Light and Heat Repairs and Maintenance Water charges |
31/03/2024 31/03/2023 £ £ 1,150 3,696 1,577 - 1,032 464 1,173 1,045 - 4,396 546 1,070 - 1,157 1,084 283 5,910 1,587 429 3,342 623 1,001 2,497 1,413 1,530 - 11,182 6,978 |
|---|---|
| 28,733 26,432 |
|
| 31/03/2024 31/03/2023 £ £ 619 518 12,129 14,438 104 642 12,280 4,916 695 4,306 898 1,198 |
|
| 26,725 26,018 |
THE WESTERN COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
| 3) Governance costs Telephone Postage, Printing and Stationery Accountancy Computer costs Depreciation Other costs |
31/03/2024 31/03/2023 £ £ 1,277 1,095 - 846 600 600 493 205 - 853 1,957 3,676 |
|---|---|
| 4,327 7,274 |
| 4) Fixed Assets Cost Accumulated depreciation brought forward Depreciation Accumulated depreciation carried forward Net book Value 5) Cash HSBC current account HSBC Money Manager Account Cash float 6) Creditors Accountancy accrual |
31/03/2024 31/03/2023 £ £ 13,602 13,602 13,602 12,750 853 |
|---|---|
| 13,602 13,602 |
|
| - - |
|
| 31/03/2024 31/03/2023 £ £ 1,711 4,266 2,005 1,990 226 411 |
|
| 3,962 6,667 |
|
| 31/03/2024 31/03/2023 £ £ |
|
| 1,800 2,220 |