Charity number: 277654 ## STOKE HAMMOND COMMUNITY ASSOCIATION ## UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ## STOKE HAMMOND COMMUNITY ASSOCIATION |CONTENTS|| |---|---| ||Page| |Reference and administrative details of the Charity, its Trustees and|1| |advisers|| ||2-3| |Trustees' report|| ||4| |Independent examiner’s report|| ||5| |Statement of financial activities|| ||6| |Balance sheet|| ||7 - 12| |Notes to the financial statements|| ## **STOKE HAMMOND COMMUNITY ASSOCIATION** **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS** FOR THE YEAR ENDED 31 MARCH 2022 **Trustees** Trustees Greg Noble Tracie Bailey Ann Payne Alan Humphries David Webber Additional Key Personnel Fran Sharkey Susan Rickson **Charity registered number** 277654 Principal office Bragenham Side STOKE HAMMOND BUCKS MK17 9DB **Management Committee** Greg Noble (Chair & Acting Treasurer) Tracey Bailey (Vice Chair) Ann Payne (Sectretary) Fran Sharkey Susan Rickson ## **Independent Examiner** KDA Accountants Ltd 9 Bessemer Crescent Aylesbury HP19 8TF Page 1 ## **STOKE HAMMOND COMMUNITY ASSOCIATION** TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 The committee members present their annual report together with the financial statements of the Stoke Hammond Community Association for the 1 April 2021 to 31 March 2022. ## **Objectives** and **activities** ## **Principal activity** The charity's objects are to maintain and promote a facility to be used for educational and social purposes to the benefit of residents in and around Stoke Hammond. The policies adopted in furtherance of these objects and in deciding the activities to be undertaken has been made after due consideration of the guidance issued by the Charity Commission and there has been no change in these during the year. ## Achievements and Review of activities As the country slowly came out of Covid restrictions, the Community Centre was pleased to again welcome the return of hirers for private events and functions. We were able to act as the venue for the very popular Stoke Hammond Village Show and again hold both our Senior Citizens Afternoon Tea Event in July and the equally popular Senior Citizens Xmas Lunch in December. During the summer holidays and with the valuable financial assistance of a grant from the Winslow and Village Community Board, the entrance road and pavement to the Centre were completely resurfaced along with the creation of a dedicated mobility drop kerb and disabled parking bay. The electrics to the Centre were fully tested and upgraded as required to provide us with a full five-year electrical safety certificate and a new remote monitored fire alarm system was also installed throughout the whole building. ## **Qualifying third party indemnity provisions** Policies and objectives The charity's objects are to maintain and promote a facility to be used for educational and social purposes to the benefit of residents in and around Stoke Hammond. The policies adopted in furtherance of these objects and in deciding the activities to be undertaken has been made after due consideration of the guidance issued by the Charity Commission and there has been no change in these during the year. ## Financial review ## **Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month’s expenditure. The committee members consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The trustees and committee members have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Page 2 STOKE HAMMOND COMMUNrrY ASSOCIATION TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Approved ty order of the membets of the board ofTru5tees and signed on Iheir behalf by.. Greg Nobbe Trustee Dale.. ?&2? Page 3 STOKEHAMMONDCOMMUNITY ASSOCIATION Page 4 ## **STOKE HAMMOND COMMUNITY ASSOCIATION** **INDEPENDENT EXAMINER’S REPORT** FOR THE YEAR ENDED 31 MARCH 2022 ## **Independent examiner's report to the Trustees of Stoke Hammond Community Association** I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2022. ## **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 Act 2011 (’the 2011 Act'). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after April 2021. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This report is made solely to the Charity’s Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed: Dated: Keith Dale FCA BA Hons Independent Examiner For and on Behalf of KDA Accountants Ltd - 9 Bessemer Crescent, Aylesbury, HP19 8TF Page 4 ## **STOKE HAMMOND COMMUNITY ASSOCIATION** STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 |Note
Income From
Donations & Legacies
3
Charitable Activity
4
Total Income
Expenditure
5
Total Expenditure
Net Movement in Funds
Reconciliation of Funds
Value Bought Forward
Net Movement of Funds|2022
2021
£
£
10033
32177
10491| |---|---| ||32177
20524| ||43078
14318| ||43078
14318| ||| ||-10901
6206| ||43526
37320
-10901
6206
32625
43526| The Statement of Financial Activity Includes all Surplus / Loss recognised within the financial year Page 5 ## STOKE HAMMOND COMMUNITY ASSOCIATION BALANCE SHEET AS AT 31 MARCH 2022 |Fixed Assets
Note
Tangible Assets
7
Current Assets
Debtors
8
Cash At Hand
Net Current Assets
Creditors Amounts Falling Due in 1 Year
Total Assets Less Liabilities
Represented By
Restricted Funds
Unrestricted Funds
Total Funds|2022
2021
£
£
14748
6126
822
2479
21313
38494| |---|---| ||22135
40973| ||| ||36883
47099| ||56
3573| ||36827
43526| ||32625
43526| ||32625
43526| Page 6 STOKE HAMMOND COMMUNITY ASSOCIATION ## Note 4 Income from Charitable Activities |Charitable Hire Income|2022
2021
32,177.0
10,491.0| |---|---| ||32,177.0
10,491.0| Note 5 Analysis of Expenditure On Charitable Activities |Wages & Salaries
Staff Training
Rates
Light & Heat
Cleaning
Telephone & Fax
Stationary & Printing
Subscriptions
Insurance
Repairs & Maintenance
Depreciation
Sundry Expenses
Accountancy Fees
Other Legal & Professional
Fees|2022
2021
370.00
504.00
798.00
731.00
3,435.00
2,769.00
1,147.00
270.00
360.00
15.00
1,475.00
336.00
663.00
631.00
31,915.00
3,649.00
4,351.00
2,537.00
1,361.00
1,279.00
898.00
977.00
945.00| |---|---| ||47,098.00
14,318.00| Page 7 STOKE HAMMOND COMMUNITY ASSOCIATION ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ## Note 6. Trustees’ remuneration and expenses During the year, no Trustees received any remuneration or other benefits _(2022 - £NIL)._ During the year ended 31 March 2022, no Trustee expenses have been incurred _(2022 - £NIL)._ ## Note 7 Tangible Fixed Assets |Cost of Valuation
At 1st April 2021
Additions
At 31st March
2022
Depreciation
At 1st April 2021
Charge for the
Year
At 31st March
2022
Net Book Value
31st March 2022
31st March 2021|Plant & Machinery
Fixtures & Fittings
Total
£
£
£
2,234.00
10,449.00
12,683.00
5,443.00
5,443.00| |---|---| ||2,234.00
15,892.00
18,126.00| ||1,202.00
5,355.00
6,557.00
447.00
3,904.00
4,351.00| ||1,649.00
9,259.00
10,908.00| ||| ||585.00
6,633.00
7,218.00
1,032.00
5,094.00
6,126.00| Page 8 ## STOKE HAMMOND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2022 Note 9 Creditors Amount Falling due within one year |Trade Creditors
Accruals & Prepayments|2022
2021
£
£
56.00
265.00
3,026.00
3,308.00| |---|---| ||3,082.00
3,573.00| Page 9