Charity number: 276738
VICARAGE FARM COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

VICARAGE FARM COMMUNITY ASSOCIATION
CONTENTS
Page
Reference and administrative details of the charity. its trustees and advÈsers
Trustees. report
Independent examlner's report
Statement of financial activities
Balance sheet
Notes to the financial statemonts
9-16

VICARAGE FARM COMMUNITY ASSOCIATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Trusteeslcommittge
J Jones. Chairman lappoinled 4 January 20251
P Hooper, Chairman (deceased 4 January 20251
J Murphy
R Westefberg
A J Ashton
A Ashton
G Rodgers
T Goosey
H Gilbrook
J Aldridge
K Aldridge
M O'Regan
L Jones {resigned 12 October 20221
L Johnson
Charlty registered number
276738
Prlncipal offlce
The Community Centre. Grafton Close, Wellingborough. Northants. NN8 SWA
Accountants
MHA. Century House. The Lakes, Northampton, NN4 7HD
Bankers
HSBC Bank PIC. 47 Market Street, Wellingborough, Northants, NN8 IAE
Page 1

VICARAGE FARM COMMUNITY ASSOCIATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The Tnjstees present their annual report together with the financial statements of the Charity for the 1 October
2022 to 30 September 2023. The Trustees confirm that the Annual report and financial statements of
the charity comply with the current slatulory requirements, the requirements of the charity's goveming document
and the provisions of the Ststement of Recommended Practice ISORPI "Accounting and Reporting by Charities"
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of I￿land {FRS1021 leffeclive 1 January 2019).
Objectlves and Activitles
a. POLICIES AND OBJECTIVES
To promote and benefit the inhabitants of our catchments area without dislinclion of sex, political,
religious or other opinions, by associating with the local authorities. voluntary organisalions and
inhabitants in a common effort lo advance education and social welfare for recreation and leisure lime.
b. GRANT MAKING POLICIES
The policy of the Trustees is not lo make grants lo individuals or lo other charities.
¢. MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT
The Trustees of Vicarage Farm Community Association accepts the need lo have regard lo the Charity
Commission's guidance on public benefit. They recognise that it is their responsibility to ensure that the
benefits offered by the charity are realised by promoting the charity within the county. The aim is sel out
in the Report of the Trustees. The organisalion believes in being fair, open and inclusive.
Achlevements and performance
. FINANCIAL REVIEW
There was a surplus for the period amoLtnting lo £68,50012022.. £13,390}.
Unreslricled funds at 30 September 2023 amounted to £476.03312022. £407,533}.
The Trustees are monitoring the finances of the charity. and prepare an annual forecast which is compared to
actual income and expenditure at a monthly review.
b. REVIEW OF ACTIVITIES
We continue to engage with local groups, voluntary organisations and charities lo provide space for one-off
events, regular meel-ups and more. We aGlively host fundraising efforts and promote via our ever-growing social
media piesence., we have been very successful this past year with not only financial contributions but vast
physical donations by our patrons to the local food bank. We will continue these efforts along wth sUPPOrting
other local charities.
We have sel out capital expenditu￿ plans for improvements to the building over the next couple of year, such ss
the roof, healing systems, energy efficient changes and decor., all lo ensure that the centre remains in good
stead for future use. We will of course remain committed to a sensible spend policy and will be monitoring our
cash flow carefully.
Page 2

VICARAGE FARM COMMUNITY ASSOCIATION
TRUSTEES, REPORT (continued}
FOR THE YEAR ENDED 30 SEPTEMBER 2023
c. INVESTMENT POLICY AND PERFORMANCE
The Trustees keep an appropriate level of working capital in the bank current account, with balances
not needed for immediate use going into a high interest account to provide reserve working capital or
lo be used for future projects.
The Tnjslees have considered the most appropriate policy for investing the fvnds available to them.
and consider that this best suits the Association's situation.
Flnanclal revlew
a. GOING CONCERN
After making appropriate enquiries. the trustees have a reasorsable expectation that the ¢harity has adequate
resources to continue in operats'onal existence for the foreseeable future. For this reason they continue to adopt
the going concem basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the Account'ng Policies.
The financial slalements have been prepared on a going concern basis_ The Trustees h8ve considered relevant
information, including the annual budget, forecast future cash flows and the impact of subsequent events in
making their assessment.
The Trustees have not identified any malefial uncertainties that may east significant doubl about the
ability of the charitable company lo continue as a going concern. The charities business activities,
together with the factors likely together with long term ¢onlr2¢ts for the social club.
Based on these assessments and having regard to the resources available to the charity, the Trustees have
concluded that there is no material uncertainly and that they can continue to adopt the going concern basis in
preparing the annual ￿port and accounts.
b. MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY PURPOSES FOR TrIE PUBLC BENEFIT
The Trustees have considered the Charity Commission's requirement in respect of Public Benefit In their view
the Charity meets, in full, the criteria to satisfy the test. In particular. in planning future activities of the
organisalion, the Trustees Consider how planned activities will contribute lo the aims and obie¢tives they have
sel.
Structurej governance and management
a. CONSTITUTION
Vicarage Farm Community Association is registered with the Charity Commissioners - number
276738. The Association is administered in accordance with ils trust deed and the objects set out
below.
The association is established under a constitution approved in 1977 and is govemed by Trustees
eleGted by its members.
The charitable and club activities of the Associab'on were separated by the creation of Gleneagles
Social Club in 1993.
Page 3

VICARAGE FARM COMMUNITY ASSOCIATION
TRUSTEES, REPORT Icontinuedl
FOR THE YEAR ENDED 30 SEPTEMBER 2023
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the charity is the responsibilty of the Trustees who are elected and co-opted under the
terms of the Trust deed.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
There is no formal training programme for Trustees. The Trustees have wide experience and most
have many years. service as Trustees.
d. ORGANISATIONAL STRUCTURE AND DECISION MAKING
To promote and benefit the inhabitants of our catchments area wilhoul distinction of sex, political,
religious or other opinions, by associating with the local aulhorilies, voluntary organisalions and
inhabilanls in a common effort lo advance education and sOQI81 welfare for recreation and leisure lime.Any adult
living in the calchmenl area Icenlred on the Vicarage Farm and Gleneagles areas of
Wellingboroughl ha5 a right to become a member.
The managing Trustees are elected at the association's AGM for one year. The members attending the
AGM vole them onlo the committee individually. Foundation Trustees are elected by the members lor
an indefinite period until ￿Sign3b'0n or removal.
The Trustees meet monthly lo consider management and strategic issues related to the Vi¢arage Farm
Community Association.
e. RISK MANAGEMENT
The Tfustees have considered the risks which face Vicarage Farm Cornmunity Association and
parttcularly ils income streams. The Trustees reconsider these matters periodically.
These considerats'ons have led the Trustees to place importance on the expansion of the free feserves
available to Vicarage Farm Community Association when this is possible.
We are aware that the premises are located on leasehold land with 60 years remaining on the lease. We are
therefore investigating the possibility of purchasing the land.
The charity has insurance cover for its property and for legal liabilities normally associated with ils operations.
The charity recognises ils legal and moral duty to minimise personal risk to its users, staff and members of the
public and regularly reviews its policies.
Page 4

VICARAGE FARM COMMUNITY ASSOCIATION
TRUSTEES, REPORT (continued}
FOR THE YEAR ENDED 30 SEPTEMBER 2023
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees are responsible for preparing the Trustees. report and the financial slalements in accordance with
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Aceepled AccoLtnting
Practi¢el.
The law applicable to charities in England & Wales requires the Trustees lo prepare financial slalements for
each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming
resources and applic8tion of resources of the charity for that period. In preparing these financial statements, the
Trustees are required lo..
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP.,
make judgments and accounting eslimales that are reasonable and prudent.,
prepare the financial slalemenls on the going con￿rn basis unless it Is in8ppropr¢ate lo presume that the
charity will continue in operatson.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial positson of the charity and
enable them lo ensure that the fi'nancial statements compty with the Charities Act 2011, the Charity (Accounts
and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
This report was approved by the Trustees, on 25Ffrl2cLand signed on their behalf by..
Chalnnan
Page 5

VICARAGE FARM COMMUNITY ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VICARAGE FARM COMMUNITY
ASSOCIATION (the 'charity')
I report to the charlty Trustees on my examinatM)n of the accounts of the charity for the year ended 30
September 2023.
RESPONSIBILITIES AND BASIS OF REPORT
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Acl 2011 I'the 2011 Act.).
I report in respect of my examinatson of the chanty'$ accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145{5llbl of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
Your attention is drawn to the fact that the eh21ity has piepared the accounts in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice 2pplieable to eharities preparing their accounts
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference to the Accounting and Reporting by Ch8rilies.- Slalemenl of Recommended Pra¢tits issued on 1 April
2005 which is refeired to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in Accordance Iwth
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I can confimi that no matters have come to my attention in connection vAth
the examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the 2011 ACL or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts Set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no concems and have come aeross no other matters in connection with the examinats'on to which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached.
Signed.
Rebecca Hughes BS¢ (Honsl FCCA
MHA
Chartered Accountants
Century House
The Lakes
Northampton
NN4 7HD
Dated: 16 May 2025
Page 6

VICARAGE FARM COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
INCOME FROM".
Donations and legacies
88.423
88,423
31,042
TOTAL INCOME
88,423
88.423
31,042
EXPENDITURE ON:
Charitable activities
19,923
19.923
17,652
TOTAL EXPENDITURE
19,923
19,923
17,652
NET INCOME BEFORE OTHER RECOGNISED GAINS AND
LOSSES
NET MOVEMENT IN FUNDS
68.500
68,500
68,500
68.500
13.390
13.390
RECONCILIATION OF FUNDS:
Total funds brought forward
407,533
407,533
394,143
476,033
476,033
407.533
TOTAL FUNDS CARRIED FORWARD
The notes on pages 9 to 16 form part of these financi81 stalemenls.
Page 7

VICARAGE FARM COMMUNITY ASSOCIATION
BALANCE SHEET
AS AT 30 SEPTEMBER 2023
2023
2022
Note
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
280,907
281,877
141,298
54,978
75,944
50,462
196.276
126.406
CREDITORS: amounts falling due wlhin
one year
11,1501
1750)
NET CURRENT ASSETS
195,126
125,656
NET ASSETS
476,033
407,533
CHARITY FUNDS
Unreslricled funds
10
476,033
407,533
TOTAL FUNDS
476.033
407,533
The financial statements were approved by the Trustees on 2tPfrbKkns and signed on their behalf. by..
- Chaiman
The notes on pages 9 to 16 form part of these financial stslements.
Page 8

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
ACCOUNTING POLICIES
1.1 Basls of preparation of financial staternentg
The financial statements have been prepared in accordance wth the Charities SORP IFRS 1021-
Accounting and ReFX)rting by Charities.. Slalement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Vicarage Farm Community Association constitutes 8 public benefit entity as defined by FRS 102.
1.2 Going coDcem
The financial statements have been prepared on a going corTrcern basis. The Trustees have
considered relevant information, including the post year-end management a¢counts and the impact
of subsequent events in making their assessmenL
Based on these assessments and having regard to the resources available to the ents'ty. the Trustees
have concluded that there is no material uncertainly and that they can continue lo adopt the going
concern basis in preparing the annual report and a¢¢ounts.
1.3 Fund accounting
General fund5 are unrestricted funds which are available for use al the discretion of the Trustees in
furtherance of the general objecb'ves of the chatity and which have not been designated for other
purposes.
1.4 Income
All in¢ome is recognised once the charity has enlillement to the income, il is probable that the
income will be received and the amount of income receivable can be measured reliabty.
Donated services or facilities are recognised when the charity has Control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit from the
use of the charity ol the item is probable and that economic benefi't ean be measured reliably. In
accordance with the Charities SORP {FRS 1021, the general volunteer time of the Friends is not
recognised and refer to the Trustees. report for more informatK)n about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing to pay to
obtain services or facilities of equivalent economic benefit on the open market,. a eorresponding
amount is then recognised in expenditure in the period of re￿ipt
Income tax recoverable in relation lo donations recewed under Gift Aid or deeds of covenant is
recognised at the lime of the donation.
Income tax recoverable in relation to investment income is recognised at the time the inve$tmenl
income is re￿Nable.
Page 9

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
ACCOUNTING POLICIES (CONTINUED)
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benef￿1 lo a third party, il is probable that a transfer of economic benefits will be required in
settlement and the 8mounl of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct cosls and shared costs,
including support costs involved in undertaking e8ch activity. Direct costs allributable to a single
activity are 811ocaled directly lo that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable lo a single ackn'vity are apportioned be￿en those
acb'vilies on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of lime spent, and depreciation Charges allocated on the portion of the asset's use.
Governan￿ costs a￿ those inCUr￿d in ¢onnectson with adminislralion of the charity and compliance
with conslitulional and stalulory requifemenls.
Charitable activities and Governance costs are costs incurred on the charity's educational
operations, including Support costs and costs relating lo the governance of the chanty apportioned to
charitable activities.
1.6 Gleneagle8 Soclal Club
The Club operates on premises of which the Association is the leaseholder. By ils rules the Club
transfers ils net surplus lo the Association under gift aid. Vicarage Farm Community Association
owns the only share in the Club. Any losses made by the Club are not transferred lo the
Association.
1.7 Leasehold bulldlngs
The Community Centre is held by Vicarage Fami Communty Association on a 99 year lease from
Wellingborough District Council granted in 1985.
The cost of the leasehold (£7,000) was wrttten off in the year of payment.
The value disclosed (£277,027) in the Association's balance Sheet represents the e051 of building
the original centre together with the cost of subsequent additions and extensions.
Significant long term building repairs have previously been capilalised and written off over four years
on a straight line basis. No balance remain5 in respect of these repairs.
1.8 Tangible fixed assets and depreciation
All assets costs'ng more than £200 are capitalised.
A review for impairment of a fixed asset is Carried out if events or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable 8mounls are recognised as impairments. Impairment
losses are recognised in the Statement of finan¢ial aclivilies.
Tangible fixed assets are carried at cost. net of depreciation and any provision lor impairment.
Depreciation is provided al rates calculated to write off the cost of fixed assets, less their eslimaled
residual value, over their expected useful lives on the following bases..
Fixtures and fittings
20Yo reducing balance
Page 10

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
ACCOUNTING POLICIES {CONTINUED
1.9 Interest ￿¢tIVable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity., this is normally upon notification of the interest paid or payable by the Bank.
1.10 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.11 Cash at Bank and In hand
Cash al bank and in hand includes cash and short term highly liquid investments with a short
malurily of three months or less from the date of acquisition or o￿nIng of the deFosII or similar
account.
1.12 Llabllitles and provisions
Liabilities are recognised when there is an obligation al the Balance sheet dale as a iesull of a past
event, il is probable that a transfer of economic benefit will be required In settlernent, and the
amount of the settlernenl can be estimated reliably. Liabilities are recognised at the amount that the
charity anlieipales it will pay to sellle the debt or the amount il has received as advanced payments
for the goods or services il musl provide. Provisions are measijred at the best estimate of the
amounts required lo settle the obligation. Where the effect of the lime value of money is material.
the provision is based on the present value of those amounts, discounted at the pre-tax discount
rale that reflects the risks specific lo the liability. The unwinding of the discount is recognised within
interest payable and similar charges.
1.13 Flnanclal instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments.
Basic financial instruments are initially recognised at transaction value and
subsequently measured at their setttemenl value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
1.14 Corporatlon tax
By virtue of ts charitable status. the Association is not liable for corporation tax.
Page 11

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
INCOME FROM DONATIONS AND LEGACIES
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Hire of hall
Meal raffle
Surplus transferred from Gleneagles Social Club
10,967
1,870
75,586
10,967
1,870
75.586
10,144
2,482
18,416
Total donations and legacies
88,423
88,423
31,042
Total 2022
31,042
31,042
GOVERNANCE COSTS
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Accountancy
563
563
155
Page 12

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
DIRECT COSTS
Unrestrfcted
funds
Total
2023
Total
2022
Rates
Insulance
Repairs and renewals
Heal and light
Meat raffle
Bookkeeping
Depreciation
Sundry
6,391
673
6,391
673
2,848
624
4,128
6.720
1,250
675
1,212
40
10,546
45
675
970
60
10,546
45
675
970
60
19,360
19,360
17.497
Total 2022
17.497
17.497
ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE
Other costs
2023
Total
2022
Direct costs
Expenditure on governance
19,360
563
17,497
155
19,923
17,652
NET INCOMEI{EXPENDITUREI
This is staled after charging..
2023
2022
Depreciation of tangible fixed assets..
owned by the charity
970
1,212
Page 13

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
TANGIBLE FIXED ASSETS
Leasehold Fixtures and
building
littings
Total
Cost
At 1 October 2022 and 30 Septembe¥ 2023
362,657
1S3,281
515,938
Depreciation
At 1 October 2022
Charge for the year
85,630
148,431
970
234.061
970
At 30 September 2023
85,630
149,401
235,031
Net book value
AI 30 September 2023
277.027
3.880
280,907
AI 30 September 2022
277,027
4,850
281,877
DEBTORS
2023
2022
Due after more than one year
G￿neagleS Soci81 Club
141,298
75,944
CREDITORS: Amounts falling due wlthln one year
2023
2022
A¢¢ru2ls and deferred income
1,150
750
Page 14

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
10. STATEMENT OF FUNDS
STATEMENT OF FUNDS - CURRENT YEAR
Balance at
30
Septembei
2023
Balance at
1 October
2022
Income Expenditurg
Unrestrlcted funds
Reserves
407,533
88,423
119,9231
476,033
STATEMENT OF FUNDS- PRIOR YEAR
Balance al
30
September
2022
Balance at
1 October
2021
Income Expenditure
Genero1 funds
Reserves
394,143
31,042
(17,6521
407,533
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
Unrestrleted
funds
2023
Total
funds
2023
Tangible fixed assets
Debtors due after more than 1 year
Current assets
Creditors due within one year
280,907
141,298
54,978
<1,1501
280.907
141.298
54.978
11.1501
476,033
476,033
Page 15

VICARAGE FARM COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued)
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR
Unreslricled
funds
2022
Total
funds
2022
Tangible fixed asset$
Debtors
Current assets
Creditors due wthin one year
281,877
75,944
50,462
17501
281,877
75,944
50,462
17501
407,533
407,533
12. CONTINGENT LIABILrriES
The￿ were no contingent liabilities at 30 September 2023 or 30 September 2022.
13. CAPITAL COMMITMENTS
The charity had no capital commitrnents at 30 September 2023 or 30 September 2022.
14. PAYMENTS TO TRUSTEES AND CONNECTED PERSONS
No Trustee or person wslh a family or business connection with a Trustee recenied remuneration in the
year. directly or indirectly, from the charity. Costs are incurred by the Trustees personally in pursuit of the
charities objectives. No expenses were reimburseos lo the Trustees during the perhJd12022- £nill.
15. INDEldlNITY INSURANCE
The Association has effected indemnity insurance in respect of the officers and Trustees of the
Association al a cost of £37S12022 - £3551 per annum.
Page 16