RTHEY

USTEES, ANNLTAL
FNDED 31
Regi8tered CknityNwnber
2T12524
StaDJS
Principal Add￿S
51 Hi8hfi¢ld 14oe
Cox Gre¢tt
sth 3AX
Thistets at the d* of th[6 r¢
Mr. Juliw Russ¢ll Cojnmvtyry As80ciation
MT5. Ruby L*)uglLty
Mrs. J¢nttifer H(op
Mr. Robert Winlo
Diocese of Oxford
Dioces¢ of Oxford
All the Th￿t¢¢• wv¢d throu8hout the ￿r.
The Tnjstets tre *ppoin*d by thebodies shovrn accordin8 LO their OWD intern41 proc￿¢8 over whi¢h the
Centre has tto intluMcc. The appoitirillgbodie8 tte rupti￿]ble for the induclion and tytDin8 of th¢ir Tn￿le￿.
Tnjst D¢e4 dawd 15 De¢¢mber 1978.
Obje4ts olthr Ch&rity
Forthc bcoefit of the IDbth"tants of Cox Greell in the
County of Bethhir¢ and its irnm¢dia* nei8hi¥)utbood
withoyt di#itt¢lloD of sex orpoliti￿. [dI￿.0￿$ or other
opinioDS by ￿5￿latin$ th¢ tml Authoriti¢s.
VDluntsry(kgMbiMtion¥ md Inhabit￿ts iti i comm
ctTort kn advancc FAluclll>)D and Reli8iOD. To pmvide
f¥ilities for qnd leisure ttme ocawation with
the obj'rxt of iDVOTrID8 the ¢ooditton8 of lif¢ of the 6Aid
solici￿18
268 Bath Ro
S]￿l￿b
SLI 4DX
Cwetation V*ith other charitie8
Cox Green Conllrnmity As6r*iatiom1265963) and Vict
Hall Tr￿St (264285) both have similarobjectives, i.e.
Yor the be￿fit of the ¢•n)tnW C*f Cox Green"
(i)

COX GREEN COMMUNITY CENTRE TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31st MARCH 2024 

## **ORGANISATION** 

The Trustees meet annually to review the Charity’s activities.  Authority is delegated to the Management Committee which meets every three months.  Responsibility for day to day operations at the Community Centre is delegated, as appropriate, to the Duty Manager and the Centre’s Staff. 

## **RESERVES** 

It is the policy of the Charity to maintain free reserves which, after taking into consideration the required asset base at the Community Centre, are sufficient to service the objects of the Charity.  The Centre's running costs are largely fixed and its income variable, necessitating that these reserves be held at a relatively high level. Purchases of capital equipment are financed out of existing cash deposits, and from grants and donations. 

Restricted reserves consist of the portion of net book values of capital items for which specified funding was received, surpluses built up by the Pre School Activity in previous years, which can be used only for activities benefiting children and young people, and the unspent balances on grants and donations made for specific purposes.  At the 31[st] March 2024 these reserves were made up as follows : 

|Net book value of the funded portion of cooker, toilets and other equipment<br>Pre School, Summer Camp and Newsletter surpluses<br>Net book value of funded portion of new entrance|£<br>10,539<br>45,582<br>27,142|
|---|---|
||83,263|



The net book values do not represent a future cash commitment. 

## **RISK MANAGEMENT POLICIES** 

The Charity has accepted the risk management policies of the Local Authority.  Major risks to the Charity’s income can arise from a dramatic reduction in Hall Hires, as was seen during the Covid pandemic. Indications are that bookings have largely recovered, although the market remains volatile. Asset risks are mitigated by comprehensive insurance cover and by regular health and safety assessments. Financial and administrative controls are operated to provide security against the possibility of fraud. 

## **INVESTMENT POWERS** 

The Trustees have powers under the Trust Deed to make investments at their absolute discretion, as they think fit. 

## **TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS** 

The law applicable to charities in England and Wales requires the Trustees to prepare for each financial year financial statements which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year.  In preparing those financial statements, the Trustees are required to : 

- select suitable accounting policies and apply them consistently 

- make judgements and estimates that are reasonable and prudent 

- state whether applicable accounting standards, statements of recommended practice, and  the guidance 

- published by the Charities Commission have been followed subject to any departures disclosed and explained in the financial statements 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume 

- that the Charity will continue in business 

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities’ Act 2011.  They are also responsible for safeguarding the assets of the Charity. 

(2) 



TRU
RT
put iti to adai¢v¢ thi&
come.
(31

THE TRUS
OF
I ollth¢ of th¢Trust tsthc y￿rt￿d 31 Mu¢h2024 wbKh•xes#owt onpa8r6 5 to 14.
Th¢ tharity'b ttU5te¢8 ¢￿￿IdC1thaI m wJditi500trwllrcd f￿ thisywurtdus¢cti(fft 14412)ofth¢awiti¢8 2011
(th¢ 2011 AGtI aDd that 4ll 1DdqJ￿dellt exwDinatiffl is ntedd The Chan"tys was £183,427 and I
Ell8l￿d & Wales.
Iti& myTtsponsibi]ity to..
uuder se¢tion 145 ofth¢2011 M"
1451JXb}ofthc 2011 A¢¢ and
examtllatioll ifvchth a review of the Ywdl ktpt by thc dttity of the
the e%rydet￿ that would be r4uirtsJ iti ￿ Auth"i Athd tytDiOtt is ￿Vell At to whtthet the tt¢¢thJnts
prutht a.th￿4ttd f4ir and 1$ limitd ty th(*r n*ttaS Sd Wl Tll th¢8WH￿t Wmv.
to ketpaccwntinBIe￿th arekrytifj acoyd￿ttwIth IJO ofth¢2011 A4.
of the2011 A¢t
baveTh)tbeell (
to be￿￿h￿.
Chrtstoph¢r SdlaTT
MED*erolTbe InthttofCh•rttred Atmwr￿ts1• E•*nd & W•
GTey Green i¢
Ch4riEredA¢covDtsu¢l
268 Bath R￿d
Slough. Ber￿ SLI 4DX
6Z£t
(4)

X GREEN CO
ENDED 31st MAR
2024
024
02
bc
Volwltary Income
Activitics fot gcnerating fim(Ls
Investsnmi income
Jncome from charitsble activities
io
IOJ21
6.857
41.459
11789
1.195
12.799
11.716
6.857
152.055
19.887
10.968
2.016
158.368
10,12
12
110.596
58.847
124.580
183427
191.239
Costs of activities for generating
fiuJds
Costs (pf ¢haritsbk a¢ti%?ti¢8
OovernaDce costs
13
14.15
8.494
40,478
1.479
137,147
9,973
177,625
1.800
189J98
10.678
170,784
1,5LKI
182,962
50,772
138,626
Net iA¢omiDgl(outgoiDg) resources
before traTL4fers
Transfers between fth
CaiDI(1088) on reyaluotion of
8.075
-14.046
-5,971
8,277
46
-86
-1,447
BalBnec brou8ht forward
1st April 2023
238,699
103,S59
342,258
335,428
Balan¢¢ carried fotward at
31st Mar¢h 2024
246,688
89,513
336,201
342,258
There were no yitis or k)88¢8 other the resuh for the y¢arwlicb rel•t￿ entirely to continui1￿ operations.
(5)

133.918
26,018
159936
79.199
2W.472
5ffj16
1407
IX012
5.442
5J86
1.612
185,435
3.058
1215
197571
153J09
-17.680
-15249
135.r29
3362OI
182J22
342258
PIET
BAlan¢¢ at 1st 2023
138.699
7989
228,(Y20
10.679
fJ263
6250
89513
103J59
336201
342258
B.l.L Ad
(6)

TATEMENT
F FINAN
cc
uNrING POLICIES
R¢prfttg by Cb•rfii¢s {revi8eAJ 2WJ5).
ath flow $t4t¢m¢ttt on the th•t it 4￿￿lfie* •$ • •n•ll thity.
'blr Fixcd Assets and
The ChBrity does ttot C4)itAliae equIpn￿l ¢04ittg Iw than £5W.
Provision ford¢pr￿l&lllTh of Fixa Assets held for use by the Charity is rna& at ar￿ll￿1 rateB calculated to
spread the Cost of tach &￿1 ovtr 1¢$ expected life. The depreciati￿ r&t&s eumtly use v
between 2V• for th¢ pri￿1paI buildw md 34% for •wipm¢Di 4 strlithi lin¢ bJ8i&
All nonp8pecifi¢ overheads aTe a￿7r￿e4 b¢twtto Costs of G￿￿[al￿g Aclivtties 8nd CostB of
Charitable AdivitirA. MoDo8eTr¢n¢ ond Admini￿ Co#$ ar¢ Bppwtion¢d w th¢ bwsis of¢5tirnatrd
time ¢rnploy¢d by the relev￿1 5t8ff. F¥ilitt"¢s Costs •re apwJrtiODed C￿ th¢ of orootiOTwJ
Hail Hire ¢horges. The atnouttts ore shown iti Notes 16 ￿ 17.
R¢nts15 applicablt to opeTr)ng leaw Whe￿ wbstwrttalty 811 thc benefits #nd risks of ownasbip rcnjain
with the lessor Are ¢har8ed to thc tnconK and ExFKnth'ture AcKouTrt as incurre
UnT¢strictcd Funds are avoijable forwe ai th¢ disctetiOD of the Trusteth Restri(*￿1 funds areto b¢vse41
in ac¢ordantt witrA specific restri¢ti(w irr4h)sed by dc00￿ (r wlucb Iw¢ b¢¢* Tris>l by th¢ ChaTity for
Stocks are valued at the lower of Cost andlld rrnlisable valK using the f￿SkIn first-(￿ basis.

srATEMEFrf OF F￿AN
IALA
JnYc5tments held at the baJancc shttt d* ar¢ the beaditig of Fixed Assets 8tkl have been
ststed at Matket Vakuc at Ba]snce Shcct D*e.
(8)

cox
PwTh. Fiitg5
Btyildi
At lit Ar￿1 2023
Additims
D15posai8
At 31￿ March 2024
318.011
3.450
166.052
489.513
318.01
5.450
166,712
49).173
At 1st April 2023
DA$pr￿[S
Cbw 2tr2314
At 318t Mw¢b 2024
217,055
5.450
133.(pXI
355,595
7.369
224.424
5,936
139,026
13 J05
368,￿)
5.450
At l&1 April 2023
At 31st Match 2024
ICQ,9S6
93.587
32.962
27,686
133,918
121,273
2024
Valuation
COIFCh•riti¢8 D¢pxit Flu
BlackRo¢k Charities UK Fund
73,016
6,018
26.018
79.199
In the Lwiuion of the Tn￿$ the IF￿¢ fi8w¢s re￿¢￿0*41 the w￿￿tiOn1 ofth¢ above iDvc4¢ments
at 31M Marcb 2024.
2024
2023
Stockh¢ld forr¢s•]e
665
TO
Trnd¢D¢btor8
VAT
Trepa￿￿e￿ts
R￿hargeS
5.016
5J86
1373
1.612
,023
7.198
(9)

41
2024
CREDrro
oun
Trade Creditors
VAT
1.454
767
1.917
1.31
6.015
1.814
3.436
15.249
Deposi¢S hehl
RJWM
Other Creditors
500
8541
4512
11,680
2024
2023
Royal Borough of Wind8OT & Maidenbewj ..
Premi5as Cost Cootributioll
Cipithi Equipmeni
Cox CJre¢n Con]mity A8so¢iatiOTL'
12.539
12,539
10.056
4.527
SC
lttfldtion Support
Cox Green Parish COU￿11..
1,0
2.5(Kl
54
DonaliO]J5 from individuals
DonAtion4 froth ottker eh8riti
io
10
250
250
10
Bar s￿¢s
Hall Hift to Non.loca] U5¢r5
Other Fllndrai8ing A¢tiviti¢8
5,473
2.110
2.938
10,521
5.473
2.110
5276
3.105
TMENT IN
ME
BlackR￿k a￿ltIeS UK Bond
COIF Chariiies Dep081t Fm
CAF Fixed IDt¢rest Fund
Otlw BaTrk Inleresi
250
3,016
230
3,016
154
239
3591
3591
6,857
(io)

THE FINANCIAL STATEMENT
R THE YEAR ENDED 31 1 MAR
H 2024
10. LYCOME FROM CllARITABIE
TIVIT
2024
Totsi
2023
Totsl
610
610
Elltry Fees aud Sundry Jll¢oroe:
2.622
107.974
5.622
111,822
Pre.School
Hir¢ of Facilities to Local UsetB:
107,974
3.480
J7,369
152,055
3,095
36,878
158.368
37.369
41.459
110,596
Profit on Di5po8a] of Awts
Sub8cription5
Hir¢ of F4¢ilities
Summ¢T Camp
PrtrS¢lx￿l
610
40.849
610
40,849
2,622
107974
152055
951
39,973
S,622
111.822
158,368
107.974
110596
41.459
Cost of S&l¢s
Wages & S818Ti¢8
D¢preeiation
Other Direct Costs
Allo¢ated CoBts {S¢e Note 16)
TotNI BarC05ts
Hall HI￿ Allocated Costs (S¢¢ Nrte 17)
Adveni$iti8 8nd Publiciry
2.502
570
50
2,502
570
50
180
3,047
6.349
2,780
2,037
825
50
165
2,721
5,798
3,686
3,047
6J49
2.145
636
8,494
1.479
9.973
10,678
(11)

NOTES TO THE FINAN
TATE
FO
THE YEAR ENDED 31 MAR
2024
2023
ARfTABLE AC
Wages Sat*ri¢s
Training
Materials aTKI Cottsllbmblcs
Repairs and Equipment
88.432
211
88.¢32
211
93,t29
241
2J58
1.205
620
2J58
1205
620
2.104
2.668
864
597
3,025
A¢tivid¢s and Sunthi¢8
D¢Ertciation
Allocaied Costs (See Notes 16 & IT)-
Mana8ement and AdminiBtration
Facilitie8
2,104
984
7.110
34.123
137 147
7,110
6.348
40.478
177,625
. CHARJTAFILE
HI￿ of Facilities
Surnm￿
40.478
16.919
3.688
116,540
137.147
57397
3,688
116.540
177625
47,910
9,143
113.731
40.478
EMENT
ADMINIS
Wagcs Ind SalaTi
Po5ta84 Stationery, T¢l¢pl￿& fjlld Copyng
DepTcciatLI)11
36.711
lJ87
32,429
968
S69
2.530
40,628
36275
Allocaied to '.
Swntller Camp
Pre4thorJl
Totsl ChaTitsble C[￿ts
1.015
892
5,925
6.818
2.678
7.110
3,047
36,275
Administr4tive Stsff on the Cetttre'8 vwiovs ac¢xvits8
(12)

17.
2024
2023
Totsl
Wa8es
Materials atEd C4)L￿[￿abkS
2.677
J.808
11.945
1,584
14,414
2.010
12271
1.876
1.522
7,652
1,563
11,531
2.033
12.709
528
27.2(J6
Renrand Rates
Lighting &nd HeAting
D¢preci&tioft
Other Costs
Allocated M&na8ement and Admin Co8
77,383
Alloeaied to '.
Fund GeneratiDg Activiti￿ '.
H411 Hire to non-L(Kal Us¢rs
R¢6tricted Reserves
Cbaritsble Activities .'
Hall Hire to Loc41 U8¢rfj
Pre s¢]￿01
Sumiw Caryi
Ch8rit•bl¢ Ac¢ivi¢ies
2,780
4,916
3.686
4,872
52,481
16,580
626
69,687
43,037
13.258
58.057
77J83
66,615
F￿111￿¢8 Costs are allocated on the bfy8i8 of Hall HAtt ch￿ at tho CtthttS￿bl1thCd
(13)

COX GREEN
OF FtNLNCIAL A
1ST MARCH 2024
Their wages and saI￿leS attd other ¢0sts as tollow5".
2024
2023
Waw and Saiarle8
Social Security Cogts
Pensic
124.312
1,923
125.581
1215
1,4S5
128251
127,789
No remunerAtion wo8 paid to the Tnmtres thrriD8 thr (2023 . £Nil), norwere any T￿￿e¢s. expetues
reimbursed (2023 . £Nil). Li8bility insUfW to £519 (2023 . £519).
Th¢r¢ w¢r¢ YK• nuterial ¢ontiti8ent liabilitie8 tt 31# 2024.
At Jl. March 2024 the Cljarity Iwl N) eontsnikn¢rts uDdern(Mw¢￿IIabk lea8es12023.' Nil).
Methrsbip of the Board of Tntstees attd the VOlith¥ po*ofthw¢ m¢rnkn is split W￿l]Y between the Cox
Grt¢n COmn￿ty Associ￿10￿ the Dio¢ese of Oxford {thr￿gh the Church of the Good Shepherd). and the
Royal Boroug￿ And these partie8 could be de¢med to be in a P)%iti1￿ to cxuciBe signifiwt influence over
th¢Centre's affairs. lo¢om¢ re￿Ived fromthe8e PArti¢s 1$ di*lo%d not&5 7 al￿ 10. and
the all￿U￿ts owed to the Royal Borough 4t 31st M4r¢& 2024 are shown iti note 6.
Thur wrrc no other si8BificaNt trwactioJLS b¢ttY¢¢D th¢ C¢ntr¢ and these pthies.
(14)