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 ASSOC￿TION 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 bel￿ts management committee, during the yekt w¢r¢ as follow5.' Mic1￿Cl Muir TTeasutei EIi7Abeth Eversden Secretary Michael Muir Micbaelmuir El]￿beth Eversden Trdcey Cl Council Ellem￿rS 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 Bal￿0￿.. Henfordshire, SG7 6DFL Objects of the ChArity* Prlneipal Activit￿ and Owtsiy*titstt of Our Work Th¢ charity is established to promote the benefit of the inhabitants of Bald￿k 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 & C0nlln￿lry 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 CO￿￿titUent I￿ltS iti lurtller￿e ot'the above objectiv￿. Review ofprogr¢s$ and A¢bl￿ements Baldock CornmuniLy A&wciatio]J cothtinues to supply a valuable servi¢e within B￿d0¢k alld tbe surrow￿lnE villages ￿ & fo￿1 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 aUth￿lty andth¢ future dir¢ction uf both the building and wider Association R¢yerves Poli¢y The ii¢serves policy of the ASsociationv￿3 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¢ p￿1￿16¢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 itiV￿ting its fvnds as availabl¢ in a COIF- Charities Deposit Fund ￿p￿S¢nI$ th¢ b¢st meth￿1 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 a￿OUnts 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 ACco￿lt￿neY 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 BAL￿CK COMMUNITY ASSOCIATION FOR TH& YEAR ENDED 30TH APRIL 2024 I rq￿rt 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 1nde￿dellt examination is ncede