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2024-03-31-accounts

To

Section A

Trustees' Annual Report for the period

Period start date Period end date 01 April 2023 31 March 2024

From

Reference and administration details

Charity name

Podsmead Community Association

Other names charity is known by

Registered charity number (if any) 279130

Charity's principal address

62 Milton Avenue Podsmead Gloucester Postcode GL2 5AS

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Jessica Dyer Chair Whole Year
NickyYoung Secretary Whole Year
Marcus Ridler Treasurer Whole Year
PennyRidler Trustee Whole Year
Paul Young Trustee Whole Year
Vivien Lane Trustee Whole Year
Ben Dance Trustee Whole Year
Sue Cole Trustee Whole Year

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

1

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B

Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Association How the charity is constituted

(eg. trust, association, company) Elected by members by AGM held annually. Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include During the year the committee has collaborated in the updating and/or additional information, where adoption of policies to further the charity and it work. These policies have relevant, about: included:

Section C

Objectives and activities

To promote the benefit of the inhabitants of the lower output area of Podsmead without distinction of sex, political, religious, or other opinion by associating local authorities, voluntary organisations and local inhabitants in a common effort to provide facilities for social welfare, education, recreation and leisure, with the object of improving conditions for those said inhabitants.

Summary of the objects of the charity set out in its governing document

2

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Through the provision or access to Youth Activities, Social Activities, Healthy Living and Wellbeing, Dance, exercise, Bingo and prevention of food poverty.

These activities benefit the community through social interaction, sharing of skills, communication and improved wellbeing across all age groups social groups, faith or personal circumstance.

Additional details of objectives and activities (Optional information)

As part of the ongoing work to provide both services and adequate facilities within the community, the committee and those responsible for the premises has undertook reasonable and appropriate actions to develop the environment for the betterment of both current and future stakeholders.

This has included:

You may choose to include further statements, where relevant, about:

3

Section D

Summary of the main achievements of the charity during the year

Achievements and performance

We have continued to provide a venue for community activities. This has included safe access to affordable food, opportunities to meet, talk and improve wellbeing. Through the ongoing improvements made both logistically and through policy change we have continued to provide this resource.

Through previous grant applications and voluntary work we have enabled the ongoing function of the charity and its building to further sustain its longevity.

4

Section E

Financial review

Brief statement of the

charity’s policy on reserves

The trustees have reviewed the reserves of the charity and their policy is to hold enough funds to meet four months operating costs and community activities. Based on unrestricted funds as of 31.03.24 this equals £5304.06. Although it is suggested that in the coming year this is increased by 60%

Details of any funds materially Not applicable in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

2023/24 has brought about some challenges through the increased cost of living and we are aware that this is not only impacting on the running costs of the charity, but those local residents that potentially utilise its facilities.

Fundraising through events, Bingo and previously ring fenced grant money have continued to ensure that activities and improvements have been delivered during this time of continued austerity.

Section F

Other optional information

Section G

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Marcus Ridler

Full name(s) Marcus Ridler Position (eg Secretary, Chair, Treasurer etc)

Date 03/02/25

5

PODSMEAD COMMUNITY ASSOCIATION

ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] MARCH 2024

PODSMEAD COMMUNITY ASSOCIATION

ANNUAL REPORT FOR THE YEAR ENDED 31[ST] MARCH 2024

Other Information: Bankers : Barclays Bank PLC Bristol Road Gloucester Independent Examiner: Mr. Brian Rees (A.C.M.A) Solicitors: John Robins Robins Blackstock and Co 4 Beaufort Buildings Spa Road Gloucester

For and on behalf of the General Committee and Trustees

Chairman:________

Date:______

PODSMEAD COMMUNITY ASSOCIATION

ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] MARCH 2024

Podsmead Community Association is constituted by Deed of Trust and is a registered charity, number 279130. Its address is 62 Milton Avenue, Podsmead, Gloucester, GL1 2AS.

The general committee, who were also the charity trustees for the year, consists of the honorary officers of the association, one representative appointed by each affiliated group, statutory authority and section, two representatives of the associate members and up to nine representatives of full members, or such large numbers as shall be equal to those appointed by affiliated group, statutory authority and sections.

The honorary officers and representatives of full members are elected at the Annual General Meeting and all members serve a term of one year until the next year until the next Annual General Meeting.

In addition, individuals may be co-opted onto the general committee provided their number does not exceed one quarter of those members elected and appointed to the general committee.

The objects of the association are:

  1. To promote the benefit of the inhabitants of Bristol Road, Stroud Road and Cole Avenue (Gloucester) and the neighbourhood by associating together with local authorities, voluntary and other organisations 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 object of improving the coditions of life and the said inhabitants.

  2. To establish, manage and maintain a community centre in furtherance of the above objects.

PODSMEAD COMMUNITY ASSOCIATION

Income
Bar Rents
Hire of hall & premises
Grants
Donations
Interest
Other
Expenditure
Rent & rates
Heat & Light
Water Rates
Site maintenance & security
Insurance
Printing, Stastionery and Office
Telephone
Music & TV Licence
Accountancy
Depreciation
Good for re-sale
Sundry
Nett Incoming/(Outgoing)
Total funds brought forward
Prior year adjustment
Total funds carried forward
Unrestricted
Funds
Restricted
Income
Funds
TOTAL
Prior
Year
15,203
15,203
10,330
19,602
19,602
14,300
0
100
64
64
22
0
12
7,078
7,078
3,954
41,947
041,947
28,718
304
304
714
24,868
24,868
13,624
3,274
3,274
8,544
8,544
5,704
1,437
1,437
1,917
0
249
0
412
850
850
346
200
200
540
1,023
1,023
1,013
544
544
2,379
2,379
3,479
43,423
043,423
27,998
(1,476)
0 (1,476)
720
48,428
0 48,428
47,708
0
46,952
046,952
48,428

PODSMEAD COMMUNITY ASSOCIATION

BALANCE SHEET AS AT 31[ST] MARCH

Fixed Assets
Tangible Assets
Current Assets
Debtors
Cash at bank & in hand
Creditors
Amounts due within one year
Nett Current Assets
Total Nett Assets
Funds of the charity
Unrestricted funds
Income and expenditure
account
Designated Funds
Total unrestricted funds
Restricted Income Funds
Total Funds
2024
£
16,280
30,872
(200)
30,672
46,952
48,422
(1,476)
6
46,952
46,952
2023
£
16,944
32,024
(540)
31,484
48,428
47,702
720
6
48,428
48,428

For and on behalf of the general committee and trustees

Chairman:_______

Secretary:_______

Date:_____

PODSMEAD COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024

1. Basis of Accounting

These accounts have been prepared on the basis of historic costs in accordance

2. Accounting Policies

Incoming Resources

These are included on the Statement of Financial Activities when the charity becomes entitled

to the resources

Grants and donations are only included when the charity has unconditional entitlement to the resources

Expenditure and Liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Assets

Tangible fixed assets are for use by the charity

These are capitalised if they can be used for more than one year and cost at least £100.

3. Fixed Assets

Total Cost at 01/04/23
Additions
Balance at 31/03/24
Accumulated
Depreciation
Rate per annum
Balance at 01/04/23
Charge for the year
Nett Book Value
Balance at 01/04/23
Balance at 31/03/24
Leasehold
Building
Improvements
Plant &
Equipment
Fixture
&
Fittings
TOTAL
26,580
6,520
6,249
39,349
359
359
26,580
6,879
6,249
39,708
5%
20%
10%
11,712
6,520
4,173
22,405
743
72
208
1,023
12,455
6,592
4,381
23,428
14,868
0
2,076
16,944
14,125
287
1,868
16,280

Depreciation is provided for on the reducing balance method.

PODSMEAD COMMUNITY ASSOCIATION

4. Cash at bank and in hand

4.Cash at bank and in hand
Community
account
Premuim account
Petty cash
£
25,344
5,245
283
30,872

5. Reconciliation of movement in cash balance

Trading deficit for the year
Add back depreciation
Purchase of Fixed Assets
Movement in creditors
Total Cash Movement
Opening Cash Balance
Closing Cash Balance
Movement in Cash Balance
(1,476)
1,023
(359)
(340)
(1,152)
32,024
30,872
(1,152)

PODSMEAD COMMUNITY ASSOCIATION

ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] MARCH 2024

PODSMEAD COMMUNITY ASSOCIATION

ANNUAL REPORT FOR THE YEAR ENDED 31[ST] MARCH 2024

Other Information: Bankers : Barclays Bank PLC Bristol Road Gloucester Independent Examiner: Mr. Brian Rees (A.C.M.A) Solicitors: John Robins Robins Blackstock and Co 4 Beaufort Buildings Spa Road Gloucester

For and on behalf of the General Committee and Trustees

Chairman:________

Date:______

PODSMEAD COMMUNITY ASSOCIATION

ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] MARCH 2024

Podsmead Community Association is constituted by Deed of Trust and is a registered charity, number 279130. Its address is 62 Milton Avenue, Podsmead, Gloucester, GL1 2AS.

The general committee, who were also the charity trustees for the year, consists of the honorary officers of the association, one representative appointed by each affiliated group, statutory authority and section, two representatives of the associate members and up to nine representatives of full members, or such large numbers as shall be equal to those appointed by affiliated group, statutory authority and sections.

The honorary officers and representatives of full members are elected at the Annual General Meeting and all members serve a term of one year until the next year until the next Annual General Meeting.

In addition, individuals may be co-opted onto the general committee provided their number does not exceed one quarter of those members elected and appointed to the general committee.

The objects of the association are:

  1. To promote the benefit of the inhabitants of Bristol Road, Stroud Road and Cole Avenue (Gloucester) and the neighbourhood by associating together with local authorities, voluntary and other organisations 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 object of improving the coditions of life and the said inhabitants.

  2. To establish, manage and maintain a community centre in furtherance of the above objects.

PODSMEAD COMMUNITY ASSOCIATION

Income
Bar Rents
Hire of hall & premises
Grants
Donations
Interest
Other
Expenditure
Rent & rates
Heat & Light
Water Rates
Site maintenance & security
Insurance
Printing, Stastionery and Office
Telephone
Music & TV Licence
Accountancy
Depreciation
Good for re-sale
Sundry
Nett Incoming/(Outgoing)
Total funds brought forward
Prior year adjustment
Total funds carried forward
Unrestricted
Funds
Restricted
Income
Funds
TOTAL
Prior
Year
15,203
15,203
10,330
19,602
19,602
14,300
0
100
64
64
22
0
12
7,078
7,078
3,954
41,947
041,947
28,718
304
304
714
24,868
24,868
13,624
3,274
3,274
8,544
8,544
5,704
1,437
1,437
1,917
0
249
0
412
850
850
346
200
200
540
1,023
1,023
1,013
544
544
2,379
2,379
3,479
43,423
043,423
27,998
(1,476)
0 (1,476)
720
48,428
0 48,428
47,708
0
46,952
046,952
48,428

PODSMEAD COMMUNITY ASSOCIATION

BALANCE SHEET AS AT 31[ST] MARCH

Fixed Assets
Tangible Assets
Current Assets
Debtors
Cash at bank & in hand
Creditors
Amounts due within one year
Nett Current Assets
Total Nett Assets
Funds of the charity
Unrestricted funds
Income and expenditure
account
Designated Funds
Total unrestricted funds
Restricted Income Funds
Total Funds
2024
£
16,280
30,872
(200)
30,672
46,952
48,422
(1,476)
6
46,952
46,952
2023
£
16,944
32,024
(540)
31,484
48,428
47,702
720
6
48,428
48,428

For and on behalf of the general committee and trustees

Chairman:_______

Secretary:_______

Date:_____

PODSMEAD COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024

1. Basis of Accounting

These accounts have been prepared on the basis of historic costs in accordance

2. Accounting Policies

Incoming Resources

These are included on the Statement of Financial Activities when the charity becomes entitled

to the resources

Grants and donations are only included when the charity has unconditional entitlement to the resources

Expenditure and Liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Assets

Tangible fixed assets are for use by the charity

These are capitalised if they can be used for more than one year and cost at least £100.

3. Fixed Assets

Total Cost at 01/04/23
Additions
Balance at 31/03/24
Accumulated
Depreciation
Rate per annum
Balance at 01/04/23
Charge for the year
Nett Book Value
Balance at 01/04/23
Balance at 31/03/24
Leasehold
Building
Improvements
Plant &
Equipment
Fixture
&
Fittings
TOTAL
26,580
6,520
6,249
39,349
359
359
26,580
6,879
6,249
39,708
5%
20%
10%
11,712
6,520
4,173
22,405
743
72
208
1,023
12,455
6,592
4,381
23,428
14,868
0
2,076
16,944
14,125
287
1,868
16,280

Depreciation is provided for on the reducing balance method.

PODSMEAD COMMUNITY ASSOCIATION

4. Cash at bank and in hand

4.Cash at bank and in hand
Community
account
Premuim account
Petty cash
£
25,344
5,245
283
30,872

5. Reconciliation of movement in cash balance

Trading deficit for the year
Add back depreciation
Purchase of Fixed Assets
Movement in creditors
Total Cash Movement
Opening Cash Balance
Closing Cash Balance
Movement in Cash Balance
(1,476)
1,023
(359)
(340)
(1,152)
32,024
30,872
(1,152)