HAROLD WOOD NEIGHBOURHOOD CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

HAROLD WOOD NEIGHBOURHOOD CENTRE
CONTENTS
8aanc• 8twl

HAROLD WOOD NEIGHBOURHOOD CENTRE
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The fjnancu81 s1810ft￿ts have wepared in ¥¢))r(kn *ith th8 ￿ rd.raes set out in not8 1 to Ihe
finanoal stat•Tents ctwy d￿rnI. th8 Charrbes Acl 2011 and 'Accwnbng
and Reporting by Chanl*s. Statement ol ReoJnrneTr￿d P¥￿IKe to chantie5 Wepari￿ their accoufi¢s
in accordance with the Finanaal Rwi¥¥J Standard 4)p*cablè wi the UK aThJ Repu￿1¢ ol Irdand IFRS 1021
leffeclive 1 January 20191..
Oblectlves and actlvlt
Achlevoments and perfomw
D•v•lopm•nC Adl¥lll•s wdA¢hl•¥•m•nts
To prorTK)te tho benefit ol the Inhat*anlS ol the Hwc&l Centr¥ aThJ the N*ighbourh)od
withoul distinctwjn of Set or ol pdrtK*I. rEIyKU5 ￿l*r opnKx6 by ass￿1*￿9 ts I￿1 authonties. voluntary
orgJnisats)ns and inlwts"lants in a (x)Im￿ ellNt lo a(fvar￿e e(hKa1￿ and provide f￿111￿$ in the inlere5101
th8 said In￿a￿tants.
Fln•n¢l•l r•vl•w
The ¢enlr8's ino)m al 8w¢es has to £118,814 from £126,303. ￿ver th8r• has t)8en
surplus for Ihe year 01 £15.116. truthes salffjw that the cthfe's finandal posilion
remains sound.
We 8re m8nagry to maintw frr*n hinB ￿nt￿lI* to enBure be$1 price pc1￿•$ for
any worts Gqrri8d
Govomlng Instrurn•nt
Th• Chadty was t$&￿'shId by Trtth D••d dat•d 31 19818nd ts trY4fjrnthJ by r8gui8bons last
The Centr8 was IrThed to tse￿fil Ihe hxal re5Klenis by tt* WD¥?5￿ ol faubl￿5 f¢x soc4al. re(xealional and
18isur8 acINilh8s, without dwi'rnir￿i￿ on Il%ry bas￿ d sex ¢y kMJlrtKal, relwJKwts or Olher btrl*ts.
Th•r8 is an Executsve eleC￿j ty ComrThttee IW meets 6 Imes a y•or. The
rnanage￿nt cornryytlee ree15 6 tirrn5 a year.
Manag•m•nt Coffin￿tt••
Chaimwn and Serytsy.
Vice Chairp8rson'.
lon. TreasLKW."
Hon. S8crgtary ar#1 L•tl•vJ8."
"J. Guvw
"E. Taykx
.F
B. Fleet (Sc￿￿ crf Da￿)
L. Maskdl IStr&"ght
L. Axon (Bar Clubl
J. (knwc (Play SCh￿j1)
D. KeetrAe ILr*e of Fner•Jshpl P. Payne l&er 60 Clubl
R. GLwJd & Uttty Lt¥*JBI
Fi L(x*hart IBrKlge Clubl
' Ex•¢4btfv• Cort*￿1tt•• IA•mb•

HAROLD WOOD NEIGHBOURHOOD CENTRE
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
R•gl•t•r•d Chwlty
279955
Prln¢lp•l *ddrM•
The Old School
Gubbin$ Lan•
Harokt Wc£rfJ
Romlord
E888X
RM3 ORA
TYu•t•••
R Lockhart
J Guvenc
8 Fleet
J Fabr
Ind•p•nd•nt Ex•ffllrnT
Ad8m Hubbord
A28ts Audit S8rvk•s
Ch8rt8r8d Accountan
7.8 8nlannia Busln•s8 Park
Comet Way
Southend.LTrS••
Ei8•X
SS2 8GE
8•nk•rn
HS8C Pk
9 Mark•t Plac•
Rornford
EJJgx
RM1 3AF
Ilr R L￿k￿rt
TftJste8

HAROLD WOOD NEIGHBOURHOOD CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HAROLD WOOD NEIGHBOURHOOD CENTRE
I r8POrt to Ihe Injstges ￿ rny exanwnatxjn af the statern￿ts of Harobj w(￿ Ne9ht*Xwl￿ Cgnlre
Ithe charity) lor the yew eTrJed 31 March 2024.
R•spor4sibiltti05 and tmsis of rewt
As the trustees of the charity you are re8r￿￿th lry ts Frf8Para￿ of lh8 statenwnts in accordancè
with th8 requiremnts Of￿ Chwr* 20111th8 2011 Act).
I r8POrt in res￿ Lrf my exa1¥￿￿kn ol Ihe dwitys fMwKial *18m8nts L￿1 urmler sectlon 145 ol t
2011 Act. In cffjing oul my examina1￿ I have fl￿¢1**d al the DweLl￿￿ gNen by the Chaftty
CommissiDn uThYer $8¢lbJn 14515llbl ol Ihe 2011 Atx
Ind•p•nd•nt •A•mlrtf* *la¢emw
Your attenlion 15 drawn lo the lact thal thwty has wepar•J ffinanc￿ 51aternents accordance with
Accounb"ng and Re[￿'Th9 by Ch￿5 Iheii in ac£L¥darKe wilh the Financtsql Reporting
Standard In the UK arvj R9km￿￿.¢ of IFRS 1021 In kygfwwce lo the Accounting and
Reporting by Charities." Slatefflent of Pr•kn 1 Al￿1 releThed lo In Ihg
exlanl r8gulalions has been
l undèr5t8nd Ihat this has b#•n dc•* ordor fty Slatemants to a true ￿ lair viw in
J8twary 2015.
examination giviThJ ma raLts8 to bd*ve that in any Matan￿ res
aCC(￿n11n9 re¢>)rts ¥A*re ncl kepl In ol the c*wrty as e•cakn 130 01 Ihe 2011 kl.. or
the fillanoal stats¢Tw15 th) rvjl *ilh I1￿ rec￿115." C
Ihe finanud statthywls not t1￿ wilh IP* 1fywrw￿Trts the ILWM and eontenl
of accounls $8t oul In the Chwths (Attxxjrts RWIK)n6 2W (ther than any requirarrent
Ihat th8 accoLN￿ gr￿ 8 aryl b'r vw 8 malter 80 part of an indèwndent
xan%n8ti0n.
I have no C(￿CernS and h8va c£Th Bcrosg other m8tleFS in ￿lti Ihe ex8minalKyi io wh￿h
attent￿n SI￿ld b8 drawn m this r8wI in cts to enable a propw U￿je￿Ia￿j1Thj of th? finar*rdl giatemBnls lo
bè r8achvd.
Ad8m HLknbwd
ICAEW
AzetsAudK SeTh￿
7. 8 Britannla 8usffie￿ Park
Comot Way
Soulhend.CTrSeB
Essex
SS2 6GE
iknile(l KiThJdom
OL&r

HAROLD WOOD NEIGHBOURHOOD CENTRE
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AIARCH 2024
Urw95tr1cted Unr••trlct•d
funds
fund5
2024
2023
ncom•
Membeiships ¢knabrm6
Inveslm8nts
118.455
359
126,238
Total Incom•
118.814
126,303
Provlsk)n of C￿trO
103.698
162.448
N•t In¢om•ll•Xwtsd￿ftr) lor th• y•*rl
N•t movem•nt In fund8
15.116
138,1451
Fund balarKes 811 2W23
77.601
113,746
Fund b•l•n¢e• •t 31 Ilw¢h 2024
92,717
77.801

HAROLD WOOD NEIGHBOURHOOD CENTRE
BALANCE SHEET
AS A T31 MARCH 2024
2023
Flx•d I•￿￿
Tangl￿e auets
Curr•nt •ii•ts
D￿tOrS
CAsh at bank h•t¥J
15.279
9,648
38.153
49.735
27.542
52.913
87,888
*).455
11
{10.450)
112.5021
N•t curr•nt a￿•18
77.438
67,953
92.717
77.601
In¢om• lund•
Dè8NJn8tsd lund$
G•n•rnl urmtrk*•d hmds
70.$00
7.101
$2.217
92.717
77,601
92.717
77.601
Th? 11ot•mni• by kn 8(wd ol TnO1••1 tyl... .. ..
Mr R Lockhart
ThJ*t••

HAROLD WOOD NEIGHBOURHOOD CENTRE
NOTES TO THE FINANCIAL STATEPAENTS
FOR THE YEAR ENDED 31 IrfARCH 2024
Accountlng poMclo8
Ch•rfty Inlornmtlon
Harokl WLKXJ Whtx¥JrtMyxl Cerkn 15 a R•g￿knE￿ ￿. The charitys address can ba found in
tre Trustees R•w1..
1.1 A¢¢our%ting £¢ntrf•Thli
The finanaal stslern8nls ha¥e been wepw•J ￿ a0)rd￿ wilh the dbariV$ IWN0￿"￿J ¢Jcrf)Jrwtl, Ihe
Chariti4$A¢t 2011, FRS 102 Tr FinanLia R8PK¥l¥¥J SlaTwJard awlicaL4& in VK and Ropubh'c of Ireland-
I"FRS IOTI and the Charthes SORP "knwnlwwJ Rewwty"rvJ ty Chanbp5'. StsI￿nen1 of Recomrnended
Practice apWicable to chanties pieparThJ ther acccffjdan￿ ￿th IhÈ FuwrKaal Reporting Slandard
applKab¢e in the UK aTrJ Re￿bI￿ ol Irelw*J IFRS 1021. left￿¢￿8 l January 20191. The charity 15 8 Public
Benefit Eniily as defined by FRS 102.
Th8 chanty has lakqn advanla38 01 SORP tr ¢hw(oes nol lo prnp¥v a Statement of
Cash Flow&
The finanryal statem8nts are pr¥p¥￿1 in stedry. is the hJK*kyol t￿rr￿ ol the ch8rlty. fvlon8tary
amounls in thes8 finaThial slatern￿9 are rryThled to Ihe nearesl £.
Th¢ finarKi81 stsIew￿s wepwe(I w*J8r lts coot cryNenlth and in accc￿￿ce wlh ￿p￿￿￿ble
oecountiThJ staTrJard¥ a￿1 the Slalen*nt ￿ R¢(ty￿ by chaitie5.
1.2 Golng conc
At the Ilme ol apprwr8 thg finwial slaleftwts. trusiees have a 1oasonaL48 gxwxts¢ion th8t the chaniy
has knquate rev￿rr*S to rmtirth wi exffjten¢¢ lty lh• ffMes0eab￿ future. Thus tho trustees
1.3 Ch•f*•bl• fund•
ReslrKt8d fvnds ran onty be used for partsalar reslTthd SMI￿￿$ *Yth Ihe of the thanty. RestrKtms
Furth•r •XKlanatson ol nabjrn awKt p￿p0￿ of IJ Irx4L•Jgd kn Ihe rths to Ihe fi'ngndol
8talernents,
1.4 Incoff•
Al Incorn8 is reuy*sed in th8 S121ÈmBnt of F￿￿101 Ihe (l)arrty has 8ntslburnnt to the funds,
it is probab18 that Ihe irK>Jrr* wil be receN•J aThl the anKth can be nwsurthl rv*atAy.
1.5 Exp•ndl¢ur•
Liabiliti¢s afv rocogntssd as 8x•ilwF as sL¥)n as Ihe 15 a W or (￿StrU￿1¥e oL1Wi￿ commilling the
¢hallty ro Ihat expevKlrture. it ￿ prDbabkn Ilwt a tr￿sIer ol benefft5 bè wuir&l in $911￿ment and
the amounl of Ihe ￿l￿ation w be measured te&aity. E¥FwMJrture 15 accounted for on an ar￿Val$ basis and
has beell dassffth under headw thal aowal8 all rnsl felaied to thal (*iegory. Where wsls cannot be
directty attniwJl￿ to partKJJar h8wJry5 Ily tr￿￿ akcated to aE*v41ies ￿ a baw5 C￿￿Stant with th8
use of rBswrces.

HAROLD WOOD NEIGHBOURHOOD CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollclos
Icontlnuedl
1.6 Tanglbl¢ fix•d •sul•
Tangible fix*1 a￿ts are inw rneasu￿ at Cosl the¢wty Nwsured at C415l or valuation, net of
epre¢￿ts￿ and any impwmwrt k6ses.
15 prov*J8d at the arY¥Jal ra*s wt c¥d8r io wri1& off asset o¥•r 1$ 0Stirn8ted u501ul
Flxturès and fittw
25% (*) bal¥
1.7 Tox8tlon
In tho opF*alkn of ts dw*y'$ bwtoes arn roqthl lo mak• juth3vm8n¢B, ¢sJrn8tg6
8rKI 8ssuliw1i￿ atxwjt Ihe ￿y*v￿ ol assets 4rvJ Ihat we rwlity apparenl tr(¥YTr olher
•$b"mat•s aro r¥ctyJni￿ in In osbmal• is rws•J whw¥ th8 Te¥1S￿ aff￿ts only that
pgrK)d. or in th8 ol m18Kffi fulwe k￿￿J8 affod8 both cwr¥nl and lulure
perK)ds.
unr••tr4¢t￿ Unrastr￿l8d
fund•
funds
2024
2023
20.(¥X)
4.117
33.6(Kl
68.521
Membership f*es
Rellt & Deed ol CO¥￿*￿ ¢￿al￿rtS
Hire charyes- Cenlve arKI car park
4.127
80.728
Invoslmont¥
Unrnstrkt•d Unrestrlcted
funds
2024
2023
Deposit interesl
359
65

HAROLD WOOD NEIGHBOURHOOD CENTRE
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support ¢o¥l*
2023
Inde￿ndent examwwli
2.280
2,280
2,280
Analysed betw￿n
CharilatA8 ac￿VIl*s
2.280
2.280
Govemfi￿ k) the of £3,OXI (2023- P2￿) IBes in LU￿8rtaklng t
Ind8P8ndeTht Examinatsc￿.
Tru•t•
8nded 31 March 2023.
Manag8rn•nt Comrnllltt•' •xp•n•
A tr>tsl of £2,76712023. £2.7401 wa% tr) nyrtths (4 Ihfr ry•)8w￿ cunrnittee durin9 th8 y881.
Employ•••
The average monthly rwmber th￿l¥a the year W￿..
2024
14umb•r
2023
Number
T•x•llon
The chantyls exen¥rt fr(Mn tax (ffi •NI gaw)s l*¥J g)5 ￿ th8 Taxes Act 1988 or sectlon
252 of the Ta¥atAy￿( Chww Ga￿ts 1YJ2 ID ethil Ihat Ilwe to its charilable obJ8cts.

HAROLD WOOD NEIGHBOURHOOD CENTRE
140TES TO THE FINANCIAL STATEIAENTS (COIITINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
Tano11>l• IFx•d •s*•l•
Co•t
At 1 WI 2023
AdJillon•
37.807 646.444
684.251
10.170
At 31 Marth 2024
48.427 847.994
694.421
At 1 ￿￿1202)
Deprgciats'on dwggd kn
28.158 618.444
1.550
674.602
4.540
A¢ 31 Mar¢h 2024
31.148
847.994
679.142
C•rrylng *mow
At 31 March 2024
15.279
15.279
A¢ 31 M8t¢h 2ty23
9,648
10 O•btor•
2024
2023
Amount• l*llry T•lthln •n• y••r.
Olher debtry¥
30.153
27.$42
2024
2023
ru•ts •TrJ
10,450
12,502

8 S 8
v2 2
00908oa

HAROLD WOOD NEIGHBOURHOOD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (coimNUED)
FOR THE YEAR ENDED 31 AIARCH 2024