PALDOCK COMMIINITY ASIOelATIOII - 279196, IIEPOPT AIID Aecouwrs TIIE YEAII fNDED ?OTII APIIIL 2024
BALI)OCK COMMUNITY ASSOCL4TION CONTENTS PAGF. Annuaj Report Re)rt ofihe lodepend¢nt Examiners Statement of Fioan¢ial Activities Balat¢ She¢t Not¢5 1.'orniing Part of the Accounts
BALDOCK COMMUNITY ASSOCTION ANNUAL REPORT FOR THE YEAR ENDED 30TH APRIL 2024 The LOUllLiI pre%ent% its rerA)rt together wih the accounts for the year ended 30th April 2024. The m¢mkn of the council, also belts management committee, during the yekt w¢r¢ as follow5.' Mic1Cl Muir TTeasutei EIi7Abeth Eversden Secretary Michael Muir Micbaelmuir El]beth Eversden Trdcey Cl Council EllemrS are elected or aprx)inted at the Annval General Meeiin¥. All rneMbe nf the cotjneil are required to retire annually but aTe elig¢ble to be apwiT]d or co-lyted ¥gaiD. The coullcil b&5 the pow¢r to ap)In1 such ¢ommittees as il thinks 4ppropriaÉe to fijrthtr the obiecLs 1)f the association. All members of ihc Association shajl be equally capable of being eleeted and shall have equal rights to nominate persoDS for such election. The charity is established by its nstitution and is iegistered with the Cbarity Cotnn)i&sioll Number 279196. The eharity'8 addre&s is Simpson Drive, High Streel Bal0.. Henfordshire, SG7 6DFL Objects of the ChArity Prlneipal Activit and Owtsiytitstt of Our Work Th¢ charity is established to promote the benefit of the inhabitants of Baldk and its neighbouring villages vlithinthe area of thc North HerL8 Dtstrict Coun¢il wiihout diminciions of sex. race. colo¥Jr. natlonaliry, lilIcal, religious or other opin?ons by &$so¥iating wlh the local authoritie5. voluntary organi5ations and iDhabitanls in a comrnon effort to advance tducation and lo pmvide facilitie$ in th¢ int¢r¢sts of swial welfat¢ for recreation and leisure-tlme occupation with the object of irnprovin¥ the ¢onditiolls of life for the said inhabitants. The charity is also to maintain atKI manage & C0nllnlry C¢ntYe situated at Simpson Driv¢ Baldoek or to CO-oper4ie with 8lly10¢41 sknutory &uthority in the rnaiTrtenance and of a tte for activities pmmoted by the Association atml its COtitUent IltS iti lurtllere ot'the above objectiv. Review ofprogr¢s$ and A¢blements Baldock CornmuniLy A&wciatio]J cothtinues to supply a valuable servi¢e within Bd0¢k alld tbe surrowlnE villages & fo1 p)inl lor tb¢ local community. clubs aJMI a$s(lationS. The overdll $t of the building and its facilities conlinues to inch b8¢k towatds the pre COVtD kvels. rtew wers and wups ar¢ requittd to tske the pla£e of tlK)se who have t returned Page I
BALIM)CK COMMUNITY ASSOCIATION ANNiJAL REPORT FOR THE YEAR ENDED 30TH APRIL 2024 The council presents its report together wÈth the accounts for theye8r ended 30th April 2024. The members of th¢ ¢ouncil. also b¢illg the managemenl committee. durAng the yeat were as follows: Duringthe the Community Centre and its facilities have seen a gradua] increase in the use of the centre and has maintsined its enviable reputation within Baldock and the surrounding district. Our regular hirers have continued to gTOW ans return back to Pre Covll) levels, we continue to encourage new regul. users &s well as one off events. Significant challenges remain to be face4 the renegotiation ofthe buildings le with the local aUthlty andth¢ future dir¢ction uf both the building and wider Association R¢yerves Poli¢y The ii¢serves policy of the ASsociationv3 reviewed and agreed in CoTt]mittee in October 2014. The association must ensure that it has sufficient Cash reseTve$ to cover the random flucthations in monthty income expenditures. any llnplanned tcmptfdry closure of prernis&s, any liAbFlity for smff redundancy costs, plus the eosts of furbishm¢llt uf th¢ int¥rior of th¢ p116¢5 and th¢ r¢plaL¢m¢nt of fixture8 fiitill¥s ov¢r th¢ next 10 y¢ars. The reserves currently stand at £6.189 aTh] this amount is cutrently included withill the General Fund. This represents four months average expenditu. The policy willbe reviewed on an ongoiDg basis Illvestmellt Policy Th¢ Asso¢iation cotrtinu¢s to b¢11¢ that its currently poli¢y of itiVting its fvnds as availabl¢ in a COIF- Charities Deposit Fund pS¢nI$ th¢ b¢st meth1 of generating income from th¢s¢ funds wbile having ready a¢¢e>8 tts lh¢ ¢&sh Risk Review The Management Conjmittee has conducted its own risk review of the nvdjor risks to whi¢h tb¢ charity is exposed Finances 'llt¢ atthGh¢d aOUnts show thr current 5tafr of tht financ¢5 which rounril coll5id¢r to b¢ sound. 'Ih¢ harity'5 bankers are Lloyds TSB Bankplc, l BaJ)croft. Hitchi Hertfordshire The independent examiner is Miss Salty J Wainwright ACMA. a direetor of Et Voila ACcoltneY Services Limit¢d. Isis House. Wednesl)ury. Wesi Mid14Mds. WSI O OPB. Approvcd by th¢ Associati¢)n on 1810812025 and signcd on it's khalf by". M Muir (Secretary)
BALDOCK COMMUNITY ASSOCIATIOLY INDEPENDENT F.XAMINF.RS RF.PORT TO THE COUNCIL OF BALCK COMMUNITY ASSOCIATION FOR TH& YEAR ENDED 30TH APRIL 2024 I rqrt on th¢ Qu for th¢ Y ¢nd¢d 30th ApTiI 2024, which ar¢ set out on pages 4 to 9. Respertiye Responsibilities of the CouDeil and ExAJniDer The charity'8 ¢ouncil are reS}nsIble for the preparation of the accounts. The charitys council nSider that an a]it is not Vir for this yearunder section 144 of the Ciwities Act 2011 (the Act) and that an 1ndedellt examination is ncede<L It is my responsibility to: • Examine the accounts under section 145 of the Cbtirititt8 Ac¢ • to follow ihE pftK¢dure5 laid th) inth¢ N[al DI[S giv¢n by th¢ Charity CotDtDissionff8 (uTKl¢r s¢¢tion 145(5)(b) of the Charities Act. and . To state whetherparticularrnattet3 have come to my attentiotL Ba515 frf Independent EiDerS, StateMet My examination was carried out itj accordance with the Gener Directions given by the Charity Commissioners. An ¢xamii?ation includes a review of the accounting records ke by the chaxity and a comp9rison of the accounts presented with those records. It a]so includes consideraiiott of Un%al lten or disclosures in the accounts, and seekn.ng explanatiolls from the council conceming such matteT&'llLe pmeeduze5 do llot ptovide all the evidence that w'ould IK reqiured in an audiL and Conseq1tlY I do noi express an opinion as to whetIr the aCcOtS present a'tnje and faie view and the port is limiled to those matters Set out in the statcmtnt IKIOW. lttdependettt Examillerfs St*ternenl In conncction with my examination. no matter hAS come to my attention: (l) which gives me reasonable Lause to believe tbat in auy Tnat¢rial respeet the requirements.. • to keep accountii)g records in accordaoce with section 130 of the Chariiies Act: and • t prepare accounts which accord wtth the accoullting Trcords aT]d to comply wiÈh tbe accounting requiretnents of the Charities Act have not been met. or (2) to which. in my opinion, attentioii shouId drnwn tn order to enabl¢ a proper understAndin8 of the a¢¢ollllt$ to be reached. Name.. Sally Wainwright Relevant Professional Qualificatio. A550ciate of Chartercd Ithth"tute (rfMana8eiricnt knouTrtallts Address: Tr Voila Accoulltaney Servieeg Liullt¥d, ISIS HOL. Srnith Roud wednesb, West Midland4 WSIO OPB Dated: 21st March 2025 Pag¢ 3
BALDOCK COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTlVtTIV.S FOR THF. YF.AR ENDED 30TH APIUL 2024 2024 21123 Unrnstrieted lllfoming Resources Incoming re8ourc¢s frotn operating activities in adherence of the ¢htirAty' s objects Inromitig rcsources from operating a¢livÉtic5 for generating funds Rutrid¢d Funding Repairs and Maintenance Oth¢r incoming Tesources Interest received 73,746 61,553 7,935 97 4,914 Restri¢¢ed Incoming Resources Totsl Resourtes Reso urtts Expcnded Provision of community centre.. Coffee bar Surety l.td Bar Saley Light and heat Gcn¢ral and water rates Insurances Wages and national I[allce Cleaning and laurLth)' Equipm¢nt hire Bar Staff R¢plTs and niaintenance Premises Cost l.iccnces D¢pr¢ciation 631 354 607 254 3,348 36.897 1,214 983 36.487 10.684 2.900 2,197 1.500 3,787 1,802 589 3.696 8.888 863 907 26.935 20,872 2,771 920 1,320 l.865 1,968 736 103,373 72,602 Management and admillistratlon: A¢LounL3tttyy Telephone and sntemel Printing. postsge and stationery Profei0al fees Bank charges 420 1,182 53 420 1,552 222 458 436 Payments made on behalf of bar &wKi&tion Total Resources Expend¢ Net Incoming Resources Before 105 486 Net Movement In Funds (2),708) (8.725)
G5 Transfers Between Funds Total Funds at 1st May 2023 Total Funds at 30th Aprij 2024 6,332 15.057 Page 5
BALDOCK COMMUNITY ASSOCIATION BALANCE SHEET AS AT 30TH APRIL, 2024 2024 2024 2023 2023 Notej Fized Assets Impr(IveTn¢nts to premises Equipment 2,357 2.946 2,357 2,946 CuTrtht Asset Debtors and prepaymellts Balances at bank.. Cunrnt &ccount Charity deposit &¢¢ount Accolml Cash ill hand 2.108 2.034 91 1.315 1,931 535 13 3.794 4,240 CurreDt Liabilities Trade cr¢ditOTS Social security, cost5 Sundry Creditors and accnlS 23,565 408 408 Net Cllrrent Liabilityl Assets Nei Liabilityl Asst¢J (19,733} (17,376) 3.386 6,332 Uttres¢ricted Funds Genera] Funds Restrieted FndS Restricted Grant Income Total Funds 17 76 6J32 io (17.3761 6J32 Approved by Éhe co1¢11 o signed on its bebalf by: rm mnT (ChAinii•n) Mr8 E Eversden (Treasurer) Page 6
BALDOCK COMMUNITY ASSOCIATION NOTF,S FORMfNG PART OF THE ACCOUNTS FOR THE VF.AR FNDED 30Th APRIL 2Q24 l. ActDunting Policie8 General The accounts have Fxen Prepared under the histt)ri¢al cost ry)nvention and in accoEdance ryth Financial Reri18 Stan¢]ard fot Saller Entitie5 (eff1ve Aprtl 2008) and the Stalement of Reconmiended kntice Accounting aTKI Reporting by Charities issued in 2(K)5. Incoming Re50urcey These are rep(Trrted gro58 in the Ststernent of Finallcia] Activities. Depreciation DeprlatIOn ts ¢tlated Io ThTiie down the ¢os4 less estimated residual value: of all tangible tixed assets over th¢iT expected USefi lives on the following b&v.' Improvements to premises Equiprnent Over 10 yeaTS 2(P/fy red]ng balance Stocks Stook is va]ued at the lower of and ]KtTtali5abl¢ val, after due allowdnce for obsolete ttrtd slow movAn8 iterDs A¢eruls Bg8iJ The gCCOUDts have been pre on the ac¢ruals basts and liabiliti¢s are Te¢olSeI as there is a legal or tt)n%tructive obligatio[LMMIttlg the ¢lMrity lo the ewnditure Bidfj¢k CommuDity A$8o¢i4tiott Br C•mmittee Tl B8ldo¢k Community Association Bar CornMitt¢¢pMdes ttceounts which areePared independently 1 1o¢owiffjg Re8fjMr¢fJ fTOm A¢tivities I Furth¢r#nct of Charity'$ Objeets Ullrtstricted Restrieted 21)24 Total 2023 Total Letting and entrance fees Tr'Lmthisin8 DonatioTLS Craft Fair at]d Raffle Coffec lr PhOtOp1er and oth¢r inwtDe Grants 68.644 1.356 68,644 1.356 57,090 1.058 245 715 2,445 761 2,945 40 761 2,945 73.746 73,746 61,553 J. Other llleomlng 2024 Tot1 2(123 Totsl Unrestrieted Contributions received from bar protits 7,935 7,935 4,914 Page 7
BALDOCK COIKMUNITY ASSOCIATION NOTES FORTrIIP4G PART OF THE ACCOUNTS FOR THF YEAR ENDFD 3ml APRIL 2024 4. Staff Costs Number8 Staff costs were as follows.. 2024 Tt)t#l 21123 Ttytsl Gross Wdges and salarÈes Employer's tiOnal insur¢ costs Totsl Stsff Costs 38,684 26,935 38,684 26.935 The average numixts of employees in the yeat was 3 Q023 - 1) and were all employed inactivities in funheran¢e of the charlty's objeGI No membe15 of(he management MMIttee were reimbu¢ any £xpenses dwing the y. S. Net Incoming RESOUr For The Yr This is stated aftcr charging 2024 2023 Tot Jndependent F.xamineW5 fee for reportin8 on the accounts 4211 420 Tangible Fixed Agsets Equipment Total Cost At l* May 2023 Addi¢ion5 At 30th ApTiI 2024 51,J47 33,71 84JlO 51.147 33,763 84910 Depre¢i4tion At Istmay 2023 Charge lor the year At 30th April 2024 51 J47 81964 589 Nel Book Valu¢ 51,147 31A06 82J53 At 31hh April 2024 At 30th April 2023 All fixed assets are used in the direct firtherance of tbe charity's objects. Pag¢ 8
BALDOCK COMMUNITY ASSOCIATION NOTES FORMtNG PART OF THE ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2024 l. Stock 2023 Goods forresale Creditors Talling due Ivilhin OB¢ year 2024 2023 Trade Creditors 23.565 23.565 In 2023, there w&8 some trade creditorsl expenses that were not known at that poittt ift time. These were for utilities and both expense and liability have been accounted in this yearn acc4)uots 9. Allalysis of Net Asjets BetweeTr Funds Restrirted Funds G¢n¢Tal Fumdj Total Fund8 ££ Tangible fixed Assets Current Aets Cwrent Liabilities Net Assets At 311th April 21124 2,357 4.240 2,357 4.240 l(l. Movem¢llt Fullds At 1st May 2023 Outgoithg At 30th Restrurce5 April 2f124 Resoureeg Unrestri¢t¢d Funds Gener fund Total Unrestri¢ted (105,486) 32 (105,486) Restricted FurKi$ Repair5 Total R¢stricted Funds Total FuTwJ8 -17 P4g¢ 9