we￿ Community Assodatlo
Charity No. 278768
Trustees, Report with Independent Examiners Report and
Flnancial Statements
30June 2024

Wecock Communlty Assodation
Trustee5 Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended
30 June 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charlty No. 278768
Prlncipal Office
The Acom Centre
3 The Kestrels, 76 Eagle Avenue
Wecock Farm
Waterlooville
P08 9GX
Trustees
The following trustees served duringthe year.
Ann Waters
Simon Waters
Ange Pennell
Marie Jane Hattersley
Michelle La Brow
Steve Powell
Gillian Patterson
(resigned November 20231
Ire5igneil November 20231
{appointed November 20231
lappointed November 20231
Dave Heap
Carl Morgan
A¢countsnts
SHCA Limited
87 London Road
Cowplain
Waterlooville
P08 8x8
OBJEcfivES AND Acri￿lEs
To promote the benefit of the inhabltants of Hart Plain & Wecock area in the Borough of Havant, and the
neighbourhood without distinction of sex or of political, religious or other opinions by associating the local
authorities, voluntary organis*ions and inhabitants in a common effort to advance education and to provide
facilities in the interests of social welfare for recreation and leisure-time occupation with the objert of
improving the conditions of life for the said inhabitants. To establish or to secure the establishment of a
ommunity centre and to maintain and manage, orto c&operate with any local statutory avthority in the
maintenance an(i management of such a centre for artivities promoted by the association and its constituent
bodies in furtherance of the above objects.
The trustees confirm that they have referred to the guidart￿ contained In the Charlty Commi5slon's general
guidan￿ on public benefit when reviewing the chariws aims and objectives and in the planning future
activitie5. The trustees refer to public benefit throvghout thi5 report.
Page I

Wecock Community Assodation
Trustees Annual Report
ACHIEVEMENTS AND PERFORMANCE
Another incredible yearl One full of victories and d)allenges, maybe we can't have one without the other.
There are many highlights..
Having fundraised for the role of a mental health and wellbeing worker we were able to advertlse. interview
and offer the job to Beth Carr. She Started in this role in September 23 and we have not looked back since
then. There are so many comments froffl friends in thè communtty who have benefited from the offer of free
and easily accessible ment81 health support.
8111￿5 Lake is looking beautiful hawng been cared for by an amazing group of volunteers. Fishing workshops
have been run for both children and adults at the lake. There are plans afDOt for a secret Barden but more of
that next year.
Forest School Is thriving and provides the perfett setting for many children who stTuggle in the more
traditional classroom settin8. It is running at the lake, in Woodcroft Primary school, Hartplain Junior school
and Cowplain Secondary school. There is constant request to increase what we can ofFer to local Schools, the
home schwl community and our own community. Again. there are changes afoot and we will be growing tho
team over the coming year.
The People's Shed is now running twice a week and has become a hub of activity where new skills are learnt,
friendships built and hope rekintlled. Please do join the shed on a Wednesday after 10am and meet some of
the people who are the back bone of what is happening there. Again, there are plans to develop this fisrther
over the coming year.
Gardening. The raised beds have been buitt and lots of hard work. planting and regular watering have meant
we will be harvesting vegetables and fruit In the coming month5. Alans poly tunnels have kept the seedlings
Safe. Thankyou to thè crew who have worked so hard to make this happen. The front garden 15 also looking
fabulous with new trellis and fencing made in the workshop.
W3rmer space5 started in the winter months as people struggled to afford heating and could come to a safe,
warm and welcoming place with hot food. This became a beaLrtiMI group of friends and continued through
the summer and back into the winter.
Table top sales and seasonal fares are now established as a way to increase our income. We are having to be
creative in finding ways to make money as room hiring has dropped off. Thankyou to Dana for making this
happen.
Men's so¢ial evenings and Ladies pamper nights continue to happen, drawing people together and creatin8
safe places to be built into the wider community.
Children's holiday activities and free lunches have been amazin& all run in partnership with Y Services and
their beautiful tearn of dedicated workers. We have canoed, dimbed, crÈated, played sport. cooked, fished
and so much more. Our Young Leaders have helped to run events and the weekly Youth Cafe and they
continue to be some of the best people we have ever metl We absolutely love them.
Toddlers is such fun with a fantastic and dedicated team of people running it every week. Such a privllege to
be able to have this gTOUP for our tiniest friends and their grownups.
Pa8e 2

Wecod( Communlty Associatlon
Trustees Annual Report
The big event5 of the year were as always so wonderful. The Christmas Party, the Christmas Light5 and Carols,
the Easter Fun Day, the Summer Fayre. Each event having a big team ofvolunteer5 going out of their way to
make it work for all.
The Community Café is, as always, the hub of Acorn daily life. Thankyou to Keith and his team for keeping
this happening and thriving. It is a place of training for those who love to learn and be Involved In catering.
Thank you to our amazin8 trustees, who have helped to shape the way ahead and manage the financial
challenges. Thank you to our dedicated staff team who go so far beyond what they are paid for, ¥ve deeply
appreciate you. Thank you to our incredible volunteers, foryour creati¥ity and hard work.-.- You are world
changers,. never stop making a difference here in our communityl
There are good thing5 to come, there is so much hope for the coming year. May we continue to welcome the
stranger into our midst no matter wherè they are from or the journey that led them here.
Cheers to you all, wow and more......
FINANCIAL REVIEW
On an artivity dlmension the Acorn Community Centre has continued tr) blossom an¢J benefit our Communlty.
We continue to grow in our ability to 5UPPOrt and care for our neighbourhood. which you will read aboLJt in
the Chairfs report.
On a financial dimension. however, things are not so rosy. Last year I reported that we had recently lost our
regular £10￿ per month grant from Hampshire County Countil. This year has seen more challenges as our
utllities have rtsen by about £5,0(￿ a year, wages by £9.OCK) and we've a150 committed to paying our
wonderful mental health workeT (though we have fundraised to get her started). The Diabetic Eye Sireening
service, who kept Us both open and financially aftoal through the COVID pandemic have now moved back to
a cllnical setting 2nd we lose another £20.(￿ in the rent that they paid. So where we had been just on the
positive side of breaking even we are now losin8 about £3.0￿ a month, which, at our current rate of
expenditure wlll see us have to stop in about 3 years.
OUT choices are to either keep going, giving the maximum benefit that we can, while we can, or else
streamline what we do and cut back on the support that we give our community. The trustees have agreed
that we ￿11 continue to give the maximum for our community while looking for possible savingsi grants and
income streams to keep us going so that the doors can stay open. We have many thoughts about how we can
keep going. Funding bids have already been written. fundraising activities planned and advertising sent out
but we need more.
As a community we must keep our community ￿ntre openl If you are able to rent our room5 or your
workplace needs space, then please come to us. Whether itrs blrthday parties, clubs, work training events or
classes, come and talk to 115. If you are able to get involved with wrttrng grant application5, come and meet
us. If you enjoy a good charity shop, tome and get some bargain5. If you want to enjoy some home cooked
food. come to our cafe.
Your communiry centre needs youl
SThUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a deed trust, and constitutes an unincorporated charity.
The Board regularly reviews the skn'lls and experien￿ required to operate efficiently and effectively and has
put in p13ce a process for the fecruttment of additional trustees.
Page 3

Wecock Community Assodatlon
Trustees Annual Report
Statement of trusrees, responslbillties in relation to the financial statemertts
The charity tru5tee5 are responsible for preparing a tru5tees' annual report and financial statements in
accor(Jance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Tho tnJstee5 are responsible for keeping proper accounting records that disdose with reasonable accuracy at
any time the finanaal position of the tharfty and to enable them to ensure that the financial statements
comply with thè Charities Art 2CIII, the applicable Charities IAccounts and Reports) Regulations, and the
provisions of the Trust deed. The Trustees are also responsible for Safeguarding the assets of the charity and
hence taking reasonable steps for the prevention and (Jetertion of fraud and other irregularitie5.
Signed on behalf of the charity's trustees
Simon Waters
Trustee
20 November 2024
Page 4

Wecock Community Assoclatlon
Independent Examiner5 Report
Independent Examlner's Report to the trustees of Wecock Community Associati¢ll
I report to the trustees on my examination of the financial statements of Wecock Community Association for
the year ended 30 lune 2024.
Responslbllltle5 and basbs of report
As the charity's trustees you are responsible for the preparation of the financial ststements in accordance
with the requirements of the Charities Art 20111'the Act'l.
I report in respect of my examination of the tharity'5 flnancial statements carried out under section 145 of
the 2011 Att and in carrying OLrt my examination I have followed all the applicable Directions given by the
Charlty Commission under section 14515llbl of the Act.
Independent examlner's statement
I have completed my exafnination. I can conflrm that no materi31 matters have come to my attention in
connection w1th the examination giving me cause to believe that in any material respect..
the accounting records wère not kept in respect of the charity a5 requirèd by section 130 of the Act: or
the financlèl staternents do not atcord with those ￿cOrds. or
the financial statements do not comply with the applicable requirements concernin8 the form and
content of financial statements set out in the Charities (Accounts and Reports) Regulations 2￿8 other
than any requirement that the financial Statements give a 'irue and fair, view which 15 not a matter
considered a5 Part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to whith
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
Stuart Hoare ICAEW
SHCA Limited
87 London Road
Cowplain
Waterlooville
P08 8XB
20 November 2024
Page 5

Wecock Communlty Assoaatlon
Statement of Flnancial Activlties
for the year ended 30 June 2024
Unrestrlcted
funds
2024
RestrlctÈd
funds Totsl fund5 Total funds
2024
2024
2023
Notes
Income and endowments
from:
Donations and legacies
Charitable artivities
Other trading activities
Investments
103.856
88,889
38,946
517
7,623
5,975
111,479
94,864
38,946
517
105,141
83,672
32,367
463
Total
232,209
13,597
245,806
221,643
Expenditure on..
Raising fund5
Charitable artivities
Other
97,529
33,294
109,138
27,044
15,523
124,573
48,817
109,138
282,528
99,560
28,899
83,991
Totsl
239.961
42,567
212,450
Net gains on investments
Net (expendlture)Ilncome
Transfers between funds
Net lexpendlturelllncom
before other galn5lllossesl
io
17.7521
128,9701
136.7221
9.193
17.7521
128,9701
{36,7221
9,193
Othèr galn5 and losses
Net movement In funds
Reconciliation of fund5:
Total funds brought forward
{7.7521
128.9701
136,7221
9,193
ICO,465
49,041
149,506
140,313
Total furtds carrled forward
92.713
20,071
112,784
149,506
Page 6

Wecock Community Assoclation
Balance Sheet
at 30 June 2024
Charlty No. 278768
2024
ZOZ3
Fixed assets
Tangible assets
12
ii,oii
ii,oii
9,313
9,313
Current assets
Debtors
Cash at bank and In hand
13
16,768
256,219
272,987
1171,2141
101,773
13,438
261,928
275,366
1135,1731
140,193
149,5Q6
Credltors: Amount falling due within one year
Net current assets
14
Total assets less current liabllities
Net assets exdudlng pensiott asset or liablllty
112,784
112.784
149,506
Totsl nel a55ets
112,784
149,506
The funds ol the ¢harlty
Restrlrted funds
Restrirted income fund5
15
20,071
20,071
49,041
49,041
UnrestYi¢ted funds
General funds
15
92,713
I(￿,465
92,713
100,465
Reserves
15
Total funds
112,784
149,506
Approved by the tTUStees on 20 November 2024
And signed Dn their behalf by..
Ann Waters
Trustee
20 November 2024
Page 7

Wecotk Communlty Assoclatlon
Notes to the Accounts
for the year ended 30 June 2024
l A(￿untIng polldes
Basls of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice:
Accountlng and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 i55ued on 16 July 2014 and the
FSnancial Reporting Standar¢J applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the
Charities Art 2011.
Fund accountlni
Unrestricted funds These a￿ available for use at the discretion of the trustees in furtherance of the
general objects of the charrty-
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestritted funds which include a revaluation reserve representing the
restatement of investment assets attheir market values.
These are available for use subject to restrirtions imposed by the donor orthrough
terms of an appeal.
Designated funds
Revaluation fund5
Restricted funds
Income
Recognltion of
income
Income is included in the Statement of Financial Activities ISOFAI when the tharity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the Income and related expenditu￿ Is
expenditure
reported gr05s in the SOFA.
Oonations and
legacie5
Vo1unt3ry income received by way of grants, donation5 and gifts 15 included in the
the SOFA when receivable and only when the Cfftarity has unconditional entitlement
to the income.
Tax reclaims on
Income from tax reclaims is included in the SOFA at the same time as the
donations and gifts gift/donation to which it relates.
Donated 5ervlces
These are only included in income (with èn equivalent amount in expenditure)
and faclllties
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
VolLJnteer help
The value of any VDlunteer help received is not included in the account5.
Investment income This is included in the accounts when receivable.
Gain5lllossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
a55ets
Gainslllossesl on
investment a55ets
This indudes any gain or loss on the sale of investments.
Page 8

Wecock Community Assoclati¢n
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expendlture is recogftised on an accruals basis. Expenditure Include5 any VAT which
cannDt be fully recovered. and 15 reported as part of the expenditure to whith It
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fvndraising
raislng funds
trading costs and investment management cost5.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable act1v￿leS serVi￿S in the fvrtherance of its objects, including the making of grants and
governance costs.
All g￿nt expenditure is accounted for on an artual paid basis plus an accrual ft)r
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs assoaated with meeting the constitutional and statutory
requirements of the Charity, including any auditlindependent examination fees,
cost5 linked to the strategic management of the Charity, together with a share of
other administration costs.
Other expenditure These are support Costs not allocate¢J to a particular activ¥ty.
Grants payable
Governance costs
Taxation
The charity is exempt from tax on its charitable activitie5.
TaDÈlble fixed assets and depreci•tlon
Depreciation 15 provided at the followng anftual rates in order to write off each asset over its estimated
useful life-
Fixtures and fitlngs
IO% reducing balance
Trade and other debtors
Trade and other tlebtors are reccEnised at the settlement amount due after any trade discount offered.
Prepayments are valueé at the amount prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and c3sh equiv3lents comprise cash at bank and on hand, demand dep051ts with banks and other
short-term highly liquid investments wrth original maturities of three months or less and bank overdrafts.
In the statement of financial p051tion, bank overdrafts are shown within borrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of ljank overdrafts that are
repayable on demand and fomi an integral part of the company's cash managèment.
Trade and other credftors
Short temi creditors are measured at the transaction prlce. Othèr ueditors and prtsvisions are recognised
where the charity has a present obligation resulting from a past event that will probably re5uSt in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts dve.
Receipt of donated goods, facilltle5 and ser¥lce5
All donated goods, f3cilities and servicos receiveil are recognlsed within incoming resources 2nd
expenditure at an estimate of the value to the tharity.
Page g

Wecock Communlty Assodatlon
Note5 to the ktounts
2 Statement of Financlal A¢tlvltles- prlor year
Unrestrirted
fvnds
2023
Restrirted
funds Totsl funds
2023
2023
Income and endowments from..
Donatlon5 and legacies
Charitable actlvities
Other trading activltles
Investments
94,891
78,370
32,367
463
10,250
5,302
105,141
83,672
32,367
463
Totsl
206.091
15,552
221,643
Expendlture on:
Raisin8 funds
Charitable activities
99,560
18,884
83,991
99,560
28,899
83,991
10,015
Other
Total
202,435
10,015
212,450
Net In¢ome
3,656
5,537
9.193
Net Income before other
galnsl{Ios5esl
Other galns and losses:
Net movement In funds
3.656
5,537
9,193
3,656
5.537
9,193
Re¢on¢lllatlon of funds:
Total funds brought forward
Total funds carried forwaid
96,810
43,503
140,313
I￿,466
49,040
149,506
3 In¢orne from donati¢ms and legacies
Unrestsirted
Restricted
Totsl
2024
Total
2023
HCC 8rant
Henry Smith, Tudor Trust and
the Lottery
Extension funding
Other grants
9,￿2
78,798
78,798
63,117
7.623
17.435
103,856
7,623
25,058
111,479
7,623
7,623
33,D22
105,141
4 Income from charltable actiyltles
Unrestrl¢ted
Restricted
Total
Total
2024
2023
Lettings income
Sundry
67,791
21.098
67,791
27,073
94,864
72,560
11,112
83,672
5,975
5,975
88,889
Page 10

Wecock Community Association
Notes to the Accounts
5 Income from other trading activitles
Unrestrlcted
Total
Total
2024
2023
Charity Shop Income
Cafe income
3,932
30,372
4,403
239
3,932
30,372
4,403
239
2,607
24,237
3,278
2,245
32,267
Cans and snack5
Ebay sales
38,946
38,946
6 Inwme frorn Investments
Vnrestrfrted
Total
Total
2023
2024
Bank interest
517
517
463
517
517
463
7 Expendlture on raising funds
UnrestrlLted
Reslrlcted
Totsl
Total
2024
2023
Costs of generoting voluntory
Income
Henry Smith, Tudor Trust and
the Lottery
37,382
27,044
64,426
60,989
Other grants
FundrG¢ising troding costs
Cafe income
27,044
27,044
9,342
30,052
3,032
19
30,052
3,032
19
26,201
2,708
320
Cans and snad(s
Ebay sale5
97,529
27,044
124,573
99,56D
8 Expenditure on charitable activlties
Unrestrlrted
Re5trided
Total
Total
2023
2024
Expenditure on churitable
ortivlties
Sundry
Govemt7nce costs
33.294
15.523
48,817
28,899
33,294
15,523
48,817
28,899
PaEe 11

Wecock Communlty Assodatlon
Notes to the A¢¢ounts
9 Other expendlture
Unrestricted
Total
Total
2024
20Z3
Employee c05ts
Motor and travel costs
71.299
177
71.299
52,511
452
177
Premises costs
Amortlsation, depreciation.
impairment. profit/1055 on
dlsposal of fixed assets
General administrative costs
Legal and professional costs
25,053
25,053
20,546
1,223
1,223
1,035
10.218
10,218
1,168
109,138
8,229
1,218
83,991
1,168
109,138
10 Net lexpendlturelllncome before transfers
20Z4
2023
This is stated after charging..
Depreciatlon of owned fixed a55ets
li stsff costs
1.223
1,035
2024
2023
Salaries and wages
70.686
70,686
52,164
52,164
No employee received emoluments in excess of £60,OX).
The average monthly number of full tlme equiwalent employee5 during the year was as follows:
2024
2023
Number
Number
Administration & general
Charitable activities
ia
io
Page 12

Wecock Community Associatlon
Notes to the Accounts
12 Tanglblè flxed assets
Flxtures and
fftlngs
Total
Cost or revaluatlon
At I july 2023
Addition5
At 30 June 2024
Depreciatlon and
impairment
At I july 2023
Depreciation charge for the
year
At 30 June 2024
61,709
2,921
64,630
61,709
2,921
64,630
52,396
52,396
1,223
1,223
53,619
53,619
Net book values
t 30 lune 2024
At 30 June 2023
13 DEbtors
ii,oii
9.313
ii,oii
9,313
2024
2023
Trade debtors
Prepayments and accrued income
11,282
5,486
16,768
8,119
5,319
13,438
14 Creditors:
amounts falling due within one year
2024
2023
Trade creditors
Accruals
Deferred income
9,692
1.026
160,496
171,214
1,633
975
132,565
135,173
Page 13

Wecotk Communlty Asso¢latlon
Notes to the Accounts
15 Movement In funds
At ljuly
2023
Incoming
resources
Resour￿5
expènded
At 30 June
2024
Re￿rIcted funds:
Rèstrlrted Income funds:
Ladies, Nl8ht
Men's Night
Christmas party & caro15
Community sport
Holiday AttlVitie5
Job club
Family Night
Football
DI Project
Lunch Clubs Funds
The Acorn Peoples Shed
G3rden Club
Youth Cafe
Re 8randlng
Little Acorns
Quiz Night
Project Funding
Well Bèing Worker
Warmer Spaces
Table Top Sales
80s Day Event
465
62
527
2,329
713
3,308
846
19791
11331
11661
13701
1,177
624
I,oii
254
15
15
389
liooi
289
712
781
632
812
10.069
1521
12541
110.0481
558
21
98
2,299
631
139
98
2,506
631
12071
517
132
13781
1281
17,0141
110.1601
104
3,939
2,740
2,577
400
10,953
12,9(X)
2,353
224
66
66
Total
49,041
920
129.8891
20,071
Unrestricted funds:
General funds
I[￿,465
232,209
1239,9611
92.713
Total funds
149,506
233,128
1269,8501
112,784
Purposes and restrictiuns in relation tothe funds:
Restricted funds..
Ladles. Nltht:
Local Ladles taking part in arts and crafts, pamper treatments and enjoy a two course meal with tea and
coffee.
Men's Night:
Local Gentleman taklng part in 8ames like pool, darts, scaletrix, Wii consoles and enjoy a two course rneal
with tea and coffee.
Chr15tmas Party and Carols:
The Christmas season is celebrated with a party for the U135 and an evening of Carols with the turning
on of the Christmas lights with hot Ch￿oIate an(1 mince pies, and an arted Nativity play.
Page 14

Weco¢k Communlty Associatlon
Notes to the Accounts
Communlty Sport:
Funds to purchase 5POrtin@ goods and have experience days for local people.
Hollday ArtI￿￿e$.
Thi5 funds activtties for children during half terrns and Summer and Eastef holidays where children can
come and get a free lunch and take part in activities from cooking to crafts to garnes. In the Summer
holidays trips are also arranged to go canoein& exploring and other outdoor activitie5.
Job Club:
These are funds left over from when the Mental Health Worker's room was an ￿ suite and there were
sessions run to assist those looking for work. Two Pts remain In the reception area for people to use and
members of staff are available to assist if needed.
Family Nlght:
Local familie5 coming together and putting electrical ttems dDwn to spend time as a family enjoying
games, nibbles and generally having fun.
Football..
To purchase football kits and equipment. To train the youth in the necessary skills to play matches with
the possibility of away games travelling to S aslde pitches and other outings.
DJ Projèct:
To up skill the young vtslunteers who will DJ forthe local communlty at their parties for les5 than what
actual Dj's charge.
Lunch Club Funds-
To provide 3 staffed room for the local and beyond people and supply a two course meal with tea and
coffee with entertainment. With the p055ibility of an outing once or tv4i¢e a year.
The Acorn People5 Shed:
These funds help support the People's Shed aka Communtty Workshop. a space that the Assclciation has
built at the back of the Centre that is kitted out with wood working equipment. its purpose is to draw
together those who feel isolated. who are out of work, who wantto learn new skills orjust enjoy the
smell of sawdust.
Garden Club:
To provide home grown vegetables to the local cornmunty and the Aviary Cafe and to up skill the locals
and encourage people to grown their own produce.
Youth Cafe:
To give the youth of t￿aY somewhere safe to be, recuing anti social behaviour. Improve their well being
and share skllls learning to be a team and sample new things.
Re Brandin8:
To provide volunteers with tshirts and lanyar(Is which dlstinguishes them when events are provlded to
the ¢Dmmunity.
Uttle Acorns:
To provide a preschool playgroup with activities & crafts including a snack and for the parents to socialise
and Share eXperIen￿S and problems including a snack and gives parents and carers an opportunity to
socialise and Share experiences and problems.
Qulz Nlght:
To provide 3 Social event and built friendships and family and build friendships and a sense of
community.
Page 15

Wecock Communlty Associatlon
Notes to the ￿COUnts
Project Fundlng:
We have had funds come from government to help with the ¢ore costs and food provision in our
communlty and to support groups going forward.
Wellbelng Worker:
We have hired a Mental Health and Wellbeing worker who offers l.'I sessions for those who live on the
estate, creates settings for local people to come and get involved and reaches out to those in the aTea
wlth the purpose of improving mental health.
Warmer Spaces:
To provide a warm and safe place, with food and drink, for familie5 and individuals to come to in the
colder parts of the year to hèlp combat ri5in8 fvel bills and reduce isolation.
Table Top Sales:
This is a new venture to help increase the income of the Acom cent￿ and help keep the lights on!
80 years on event:
Funds gathered at an event to ￿lebrate 80 years since D-Day.
Designated funds..
16 Analysls of net a55ets between funds
Unrestrirted
funds
Total
Fixed assets
ii,oii
101,773
112,784
ii,oii
101,773
112,784
Net current assets
17 Reconclllation of net debt
At l Jvly
2023
At 30 June
Cash fk>ws
2024
Cash and cash equivalents
261,928
261,928
15,7091
15,7091
256,219
256,219
Net debt
261,928
15,7091
256,219
Page 16

We¢ock Community Associatlon
Statement of Cash flows
for the year ended 30 June 2024
2024
2023
Cash flows from oper?￿ng actiyltles
Net lexpendlturellincome per Statement of Finandal Attlvltl8s
136,7221
9,193
Adjustments for:
Depreciation of property, plant and equlpment
Dlwdend5, Interest and rents from investments
Other gain5110sses
Increase in trade and other receivables
IncreasellDecreasel in trade and other payables
1,223
15171
1,035
14631
13.3301
8.110
13371
13161
Net cash (used Inllprovided by operdtlng actlvltles
131,2361
9,112
Cash flows from Investlng acilvities
Payments for property, plant and equipment
Dividends, interest and rents from investments
12,9211
517
463
Net cash lused Inllfrom investin8 artrrfllles
12,4041
463
Net cash from tlnanclng actlvities
Net {decrease)Ilncrease In cash athd cash equl¥alents
133,6401
9,575
Cash and cash 4uivalents at the beglnning of the year
261,928
261,796
Cash and cash equlvalents atthe end of the year
228,288
271,371
Components of Cash and ¢ash equlvalents
Cash and bank balances
256,219
261.928
256,219
261,928
Page 17

Wecotk Community Associatlon
Detailed Statement of Flnandal Artlyltles
for the year ended 30 June ZOVI
Unrestrlrte
d funds
Restrirted
funds
2024
Total funds
2024
Totsl funds
2023
2024
Income and endov4Tments from:
Donations and legacies
HCC grant
Henry Smith, Tudor Trust and the
Lottery
Extension funding
Other grants
9,002
78,798
78,798
63,117
7,623
17.435
103,856
7,623
25,058
111,479
7,623
7.623
33,022
105,141
Charitable artivities
Lettings income
Sundry
67.791
21,098
88,889
67,791
27,073
94,864
72,560
11,112
83,672
5,975
5,975
Other trading activities
Charity shop income
Cafe income
Can5 and snacks
Ebay sale5
3.932
30,372
4,403
239
3,932
30,372
4,403
239
2,607
24,237
3,278
2,245
32,367
38,946
38,946
Investments
Bank interest
517
517
463
517
517
463
Total income and endowments
232,209
13,597
245,806
221,643
Empendlturè on:
Costs of generatlng donations and
legacies
Henry Smfth, TudorTrust and the
Lottery
Other grants
37.382
27,044
64.426
60,989
27,044
64,426
27,044
91,470
9,342
70,331
27,044
Costs of other trading activitles
Cafe incorne
Cans and snad(s
Ebay sales
30,052
3,032
19
30,052
3,032
19
26,201
2,708
320
29,229
33,103
33,103
Total of expendlture on ralslng
funds
97,529
27,044
124,573
99,560
Charitable artiwities
Sundry
33,294
33.294
15.523
15.523
48,817
48,817
28,899
28,899
Page 18

Wecock Community As50clatlon
Detalled Statement of Flnancial Activities
Total of expendlture on charitable
acti¥ltles
33.294
15,523
48,817
28,899
Employee costs
Salarie5/wages
Staff training
Staff welfare
70,686
516
70.686
516
97
52,164
240
97
107
71,299
71,299
52,511
MotDr and travel costs
Travel and subsistence
177
177
177
452
177
452
Premises costs
Water rates
3.222
15,698
4,380
3,222
15,698
4,380
2,178
12,688
3,841
Light, heat tiower
Premlses cleaning
Premises repair5 and
maintenance
213
213
1,536
Other premises costs
1,540
25,053
1,540
25,053
303
20,546
General admlnistrative costs,
including depreciation and
amortisation
Depreciation of Fixtures and
flting5
Bank tharges
Equlpment leasing and hire
charges
Equipment repairs and
maintenance
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Sub5crlptions
Sundry expenses
Telephone. fax and broadband
1.223
1,223
1,035
432
432
378
1,177
695
695
481
6,174
6,174
3,902
278
278
735
735
256
752
752
625
192
192
158
958
958
11,441
1,252
9,264
11,441
Legal and professional costs
Auditllndependent examination
fees
Other leg31 and professional
costs
1,054
1,054
969
114
114
249
1,168
1,168
1,218
Total of expendlture of other ￿$ts
Totsl expendlture
Net gains on investments
109.138
109,138
83,991
239,961
42,567
282,528
212,450
Page 19

Wecock Community A5$0clatlon
Detalled 5tstÈment of Financlal A¢tlvhles
9,193
Net lexpendlture}lincome
(7,7521
128,9701
136,7221
Net lexpenditurellincome before
other gainslllosses)
other Gains
17,7521
128,9701
36.7221
9,193
Net movement In fund5
17.7521
128,9701
136,7221
9,193
Reconciliatlon of funds..
Total fund5 brought forward
I¢XJ,465
49,041
149,506
140,313
Total lun(Ls carried forward
92,713
20,071
112,784
149,506
Page 20