2023-03-31-accounts

SYMONDS GREEN COMMUNITY ASSOCIATION

Registered Charity No. 286415

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2023

SYMONDS GREEN COMMUNITY ASSOCIATION INDEX

For the year ended 31[st] March 2023______ _____

	Page
Trustees Annual Report	1 – 4
Reference and Administration	1
Structure, Governance and Management	2
Objectives and Activities	3
Achievements and performance	3
Financial Review	4
Reserves policy	4
Plans for the Future	4
Independent Examiners Report	5
Statement of Financial Activities (SOFA)	6
Balance Sheet	7
Cash Flow Statement	8
Notes to the Accounts	9 – 17

SYMONDS GREEN COMMUNITY ASSOCIATION

Trustees Annual Report

For the year ended 31[st] March 2023_______ _____

REFERENCE AND ADMINISTRATION

Name of Charity:	SYMONDS GREEN COMMUNTY	ASSOCIATION
Registered Charity No:	286415
Principal Office:	Symonds Green Community Association
	Filey Close, Symonds Green,
	Stevenage, Herts
	SG1 2JW
Trustees:	Margaret Notley (T)	Chairperson
	Sharon Taylor (appointed 08.12.21)	Vice Chairperson
	Linda Coates	Treasurer
Council members	Jackie Hollywell	Councillor
	Michael Downing	Councillor
	Lynda Coates	Carpet Bowls
	Janet Merrall	Learning Zone
	Annette Gasson	Learning Zone
	Geoffrey Fisher	Royal British Legion
	Tony Cousins	Royal British Legion
	Isobel Gasson	Beavers, Cubs & Scouts
	Maria Grant	Irish Dancing
	Paula McLachlan	Mums and Toddlers
	John Morgan	Church of Christ the King
	Jenny Brennan	Rince Mor Academy
Non-voting Co-opted
Member:	Jackie Hollywell	(Community Development Officer)

Page 1

SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2023_ ___________

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is an unincorporated organisation which is governed by a constitution dated 20[th] June 1984.

The individual member trustees and Honorary Officers are elected or appointed on an annual basis at the Annual General Meeting. In the event of a vacancy occurring within the Honorary Officers the Council can fill the vacancy from the Council membership. Junior members can appoint two from their membership to sit on the Council.

The constitution allows groups that meet the following criteria to appoint a representative to be a member of the Council:

1. Local statutory authorities and such voluntary organisations as operates in the area of benefit and satisfy the Council that they are an independent organisation or branch of an independent national or other organisation.

2. Sections shall be such groups as may, with permission of Council, be formed within the Association among the individual members for the furtherance of a common activity. Groups that currently meet these criteria are:

3. Stevenage Borough Council

4. Carpet Bowls group

5. Church group

6. Irish Dancing

7. Labour Party

8. Learning Zone

9. Royal British Legion

10. Cub/ Beavers

11. At the Green Babies and Toddlers Group

12. Weight Watchers (Non Affiliated)

13. Fight Night (Non Affiliated)

14. Fishing club – (Non Affiliated)

15. Jenny Brennan Irish Dance Academy (Affiliated)

16. Garden House Hospice.

All members of the Council must retire annually but are eligible for reappointment

At our AGM 1[st] February 2023 the following were elected to the Executive Committee at the AGM: Margaret Notley, Jackie Hollywell, Isobel Gasson, Lynda Coates, Sharon Taylor, Janet Merell, Annette Gasson and Michael Downing.

Page 2

SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2023________

OBJECTIVES AND ACTIVITIES

The objects of the Association are:-

To promote the benefit of the inhabitants of Symonds Green and the neighbourhood without distinction of sex or of political, religious or other opinions by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.

To establish or secure the establishment of a Community Centre and to maintain and manage, or to cooperate with any local statutory in the maintenance and management of such a Centre for activities promoted by the Association and its constitute bodies in furtherance of the above objects.

The activities of the Association are:-

1. The Community Centre (2 halls) 2. Tea at the Green Cafe

These buildings are hired to affiliated and non-affiliated groups such as Beavers, Cubs and Scouts; Baby and Toddler group; Karate, Carpet Bowls; a Sunday school and many more. They are also used for fundraising from time to time.

Office services including photocopying and typing provide much needed support to groups using the centres as a base for their activities. The Community Association now has its own Website - [e-mail]; E-mail - [e-mail] and Facebook sites for both the community centre and the café.

ACHIEVEMENTS AND PERFORMANCE

The Association measures its performance in terms of quantative information rather than qualitative information (as it considers the continued use by organisations on a regular basis is almost a measure of the quality of the organisation) as it is easier to substantiate.

Due to the global Covid 19 Pandemic and subsequent lockdown of the nation, all activities have started to resume although many groups have reviewed and changed their hire times. Now there is a credit crisis that is affecting groups, some of which have left the building due to not having enough members to continue or because the volunteer group leaders have found paid employment and are no longer able to run their club.

FINANCE REVIEW

The attached financial statements show the current state of the finances that the council considers sound. Careful monitoring has been carried out to ensure the Association continues to operate efficiently for the community of Symonds Green.

Page 3

SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2023 ____________

We have had to claim the Covid-19 government given grants to sustain the Association throughout the Pandemic and had to recovery from a forced closure of activities held at the centre. We no longer receive a grant from the local authority which has proved challenging, but we do take advantage of the local Councillor’s community budgets for various projects.

To assist with our utility costs and to help with climate change we have had most of our lighting changed to LED lights and many of these are on sensors, so electricity is not wasted with lights being left on.

RESERVES POLICY

Symonds Green Community Association’s reserves policy aims to keep undesignated funds at a level equal to three months budgeted expenditure with an aim of not failing below six weeks budgeted expenditure. The trustees consider this level is required to demonstrate stability and security to beneficiaries, funders, supporters and employees.

The trustees consider it prudent to hold this level of reserves to:

• a) Fund the start up costs of developments that will enable the Association to meet its aims and objectives

• b) Allow for fluctuations in income due to delayed receipt of statutory and/or contract payments

• c) Meet unplanned but necessary expenditure

The level of reserves is monitored and reviewed by trustees twice a year.

PLANS FOR THE FUTURE

Our plans for the future include attracting new groups to hire both halls of the centre and to work with our current groups to offer a range of clubs and activities for the people of Symonds Green and the wider communities in Stevenage. Due to the current credit crisis in the country we want to ensure that as many people can access our services and to work with the community. We will continue to collect food to distribute to local charities. We also aim to ensure that our Charity run coffee bar is a well-used community facility that welcomes local people and those from other areas. We are aiming to hold community events such as the successful Christmas Fair that we held in December 2022. We aim to have more lighting changed to LED lights and hope to have a more efficient water heating system fitted which will help with our electricity costs.

Approved by the Trustees and signed on their behalf by:

Margaret Notley Chairperson Date: 24[th] January 2024

Page 4

SYMONDS GREEN COMMUNITY ASSOCIATION REPORT OF THE INDEPENDENT EXAMINER For the year ended 31[st] March 2023

I report on the accounts for the year ended 31[st] March 2023, which are set out on pages 6 to 17.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1. which gives me reasonable cause to believe that in, any material respect, the requirements:

2. to keep accounting records in accordance with section 130 of the Charities Act; and

3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

4. have not been met; or

5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Dated : 24[th] January 2024

Jane M E Seymour Community Accountant Orchard Villa, 2B Regent Street Stotfold, Hitchin Herts. SG5 4ED

Page 5

SYMONDS GREEN COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31[st] March_2023 __________

Notes Income from: Donations and legacies 2 Charitable activities 3 Other 4 Total income Expenditure on: Charitable activities 6 Total expenditure Net income/(expenditure) Transfers Between Funds Net movement in funds Total Funds brought forward Total funds carried forward 16	2023 2022 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 18,144 - 18,144 39,686 46,500 1.988 48.488 47,570 1,711 - 1,711 1,243
	66,355 1,988 68,343 88,499 69,928 3,418 73.346 72,763
	69,928 3,418 73,346 72,763 (3,573) (1,430) (5,003) 15,736 13 (13) - - (3,560) (1,443) (5,003) 15,736 28,512 5,549 34,061 18.325
	24,952 4,106 29,058 34,061

Page 6

SYMONDS GREEN COMMUNITY ASSOCIATION BALANCE SHEET

As at 31[st] March 2023 __________

Notes Fixed Assets Tangible fixed assets 9 Current Assets Debtors & prepayments 10 Cash at bank and in hand Total Current Assets Creditors: Amounts falling due within one year 11 Net Current Assets Net Assets Funds of the Charity Unrestricted funds General funds Restricted funds Herts Community Foundation/Garden Equipm Funding Locality Budget – CCTV & Centre Equipment Locality Budget – Coffee Bar Fencing Locality Budget – Newsletter Locality Budget – Coffee Bar, Tables, PPE, Security & Laptop Locality Budget – Events Locality Budget – Repairs and Replacements Stevenage Community Trust – Printer Co-Operative Covid-19 Omicron Grant SBC Grants 2021/22 & 2022/23 HPB Covid-19 Recovery Grant Total Restricted Total Funds 15	2023 £ 962 1,567 30,653 32,220 (4,124) 28,096 29,058 24,952 24,952 44 151 702 480 347 145 43 139 287 1,187 581 - 4,106 29,058	2022 £ 1,282 1,113 35,599
		36,712 (3,933)
		32,779
		34,061
		28,512
		28,512 59 201 702 480 459 145 58 185 381 2,296 403 180
		5,549
		**34,061 **

Approved by the Trustees on the 24[th] January 2024 and signed on their behalf by:

…………………………………… ………………………….…………

Chairperson

The notes on pages 9 to 17 form part of these accounts

Page 7

SYMONDS GREEN COMMUNITY ASSOCIATION STATEMENT OF CASH FLOW

As at 31[st] March_2023 __________

Notes Cash flows from operating activities: Net cash provided by operating activities 17 Cash flows from capital expenditure & investing activities: Purchase of equipment Net cash provided by capital expenditure & investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	2023 2022 £ £ (4,946) 16,867 - (470)
	- (470)
	(4,946) 16,397 35,599 19,202
	30,653 35,599

Page 8

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS for the year ended 31[st] March 2023 ___________

1 ACCOUNTING POLICIES

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2015); Charities Act 2011 and Regulations made thereunder; and with applicable accounting standards.

Depreciation policy

Tangible fixed assets are depreciated over the estimated useful economic lives. The depreciation rate currently in use for all fixed assets held for use by the charity is 25% on the reducing balance.

Fund accounting

Funds held by the charity are either:

Unrestricted general funds

These are funds which can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds

These are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.

Restricted funds

These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Resources Expended

Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Resources expended have been analyzed and where a cost can be directly attributed to a function of the charity we have allocated 100% of the cost to this function.

Resources that are expended that cannot be applied to one particular category have been apportioned as follows:

90% of the Centre Managers Salary, 50% Admin Assistant salary, 100% of the cleaning and caretaking staff salaries with the same proportion of Employers National Insurance have been apportioned to Running costs of the Centres on the basis of staff time. The balancing 10% Centre Managers Salary and 50% Admin. Assistant and a proportion of the Employers National Insurance have been apportioned to Support costs on the same basis.

Printing, Postage and Stationery and Telephone costs have been allocated at 25% to Centre Running Costs and 75% to Support costs based on the estimated usage.

Page 9

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS for the year ended 31[st] March 2023 ________

Incoming Resources

All income is accounted for when the Charity has entitlement, there is certainty of receipt and the amount is measurable. Income is accounted for on a receivable basis, except for hall deposits that relate to bookings in a future accounting period, the income is deferred until those periods.

2	Income from Donations and Legacies	Unrestricted	Restricted	2023	2022
				£	£
	HMRC Furlough & SSP Relief	-	-	-	3,345
	Covid-19 Small Business
	Grant	-	-	-	8,000
	Covid-19 Omicron Grant	-	-	-	2,667
	HPB Covid-19 Recovery Grant	-	-	-	7,500
	Estimated rental value of premises	12,000	-	12,000	12,000
	Relief from rates	6,144	-	6,144	6,144
	Donations under £500	-	-	-	30
		18,144	-	18,144	39,686
	2021/22 restricted funds £10,167 received - £2,667 Covid Omicron,		£7,500 HCP Covid-19 Recovery Grant
3	Income from Charitable Activities	Unrestricted	Restricted	2023	2022
				£	£
	Hall Hire	31,045	-	31,045	31,873
	Coffee Bar takings and furlough grant	14,380	-	14,380	10,714
	Locality Budget/SBC Grants	-	1,988	1,988	3,819
	Office Services	1,015	-	1,015	1,164
	Affiliation Fees	60	-	60	-
		46,500	1,988	48,488	47,570

2021/22 restricted funding of 1,220 was received -Locality Budget £1,220 for Card Machine, Coffee Bar, Baby Changing, Curtains and Entrance mat.

4 Income from Other Employment Allowance Events	Unrestricted Restricted 2023 2022 £ £ 1,331 - 1,331 1,243 380 - 380 -
	1,711 - 1,711 1,243

2021/22 no funds were restricted.

Page 10

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2023___________

			Activity
	Analysis of Expenditure on Charitable		undertake	Support
5	Actvities 2022/23	Note	n directly	Costs	Total
			£	£	£
	Community Centre	6	51,523	4,325	55,848
	Coffee Bar	6	12,068	2,012	14,080
	Restricted Funds – Repairs and
	Replacements	7	2,160	-	2,160
	Coffee Bar Restricted Expenditure	8	1,258	-	1,258
	Total		67,009	6,337	73,346
	Support costs have been allocated based on staff cost, 68.25% Centre and 31.75% Coffee Bar

Analysis of Expenditure on Charitable Actvities 2021/22 Note Activity undertake n directly Support Costs £ £ Community Centre 6 47,611 3,969 Coffee Bar 6 10,146 1,846 Restricted Funds – Repairs and Replacements 7 3,147 - Coffee Bar Restricted Expenditure 8 6,044 - Total 66,948 5,815 Support costs have been allocated based on staff cost, 68.25% Centre and 31.75% Coffee Bar 6 Charitable Expenditure 2023 Unrestricted Charitable Activities-Centre £ Salaries and NIC 18,038 Payroll Charges 147 Notional rent and rates 18,144 Water Rates 105 Light & Heat 4,040 Premises Expenses, Laundry & Cleaning 9,233 Health & Safety - Security 198 Repairs & Renewals 53 Printing, Postage, Stationery etc 16 Insurance 536 Telephone 81 Licenses 536 Office Equipment 12 Professional Fees for HR 216 Staff Training 6 Publicity & Events 153 Depreciation 9 51,523	Activity undertake n directly Support Costs £ £ 47,611 3,969 10,146 1,846 3,147 - 6,044 -	Total £ 51,580 11,992 3,147 6,044
	66,948 5,815	72,763
		2022 £ 17,506 147 18,144 525 4,032 5,425 38 162 27 33 536 59 719 - 216 30 - 12
		47,611

Page 11

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 20223_______

6 Coffee Bar Salaries and NIC Payroll Charges Coffee bar food and drink purchases Coffee Bar expenses Coffee Bar Card Charges Coffee bar equipment purchases Support costs attributed to Centre Activities Charity Administration Salaries Payroll Charges Travel & Subsistence Printing, Postage, Stationery etc Telephone Membership Internet charges Depreciation Sundries Governance Independent Examiner's Fee(See note 18) Trustee Expenses Total Support 7 Restricted Charitable Expenditure Charitable Activities – Repair & Replacements HPB Covid-19 Recovery Equipment, repairs & replacements Depreciation Cleaning, Waste disposal & PPE Curtains Entrance Mat Stationery Publicity & Events			2023 2022 £ £ 8,532 8,145 156 156 3.155 1,218 - 29 199 577 26 21
			12,068 10,146
			2023 2022 £ £ 4,471 4,324 177 178 - 53 48 100 244 178 35 - 872 410 3 4 54 148
			5,904 5,395
			2023 2022 £ £ 400 400 33 20
			433 420
			6,337 5,815
			2023 2022 £ £ 180 3,568 620 - 309 413 88 1,445 - 226 - 355 10 37 51 -
			1,258 6,044

Page 12

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2023_______

8 Coffee Bar Restricted Expenditure Coffee bar food and drink purchases Coffee bar equipment purchases and other 9 Fixed assets Play Equip ment Office equipment Cost £ £ At 1 April 2022 5,997 1,149 Additions - - At 31 March 2023 5,997 1,149 Depreciation At 1 April 2022 5,938 542 Charge for the year 15 152 At 31 March 2023 5,953 694 Net book values At 31 March 2022 59 607 At 31 March 2023 44 455 10 Debtors & Prepayments Debtors Prepayments 11 Creditors: Amounts falling due within one year Creditors HMRC – PAYE & NI Pension Accruals Hall Deposit Paid & Paid in advance	8 Coffee Bar Restricted Expenditure Coffee bar food and drink purchases Coffee bar equipment purchases and other 9 Fixed assets Play Equip ment Office equipment Cost £ £ At 1 April 2022 5,997 1,149 Additions - - At 31 March 2023 5,997 1,149 Depreciation At 1 April 2022 5,938 542 Charge for the year 15 152 At 31 March 2023 5,953 694 Net book values At 31 March 2022 59 607 At 31 March 2023 44 455 10 Debtors & Prepayments Debtors Prepayments 11 Creditors: Amounts falling due within one year Creditors HMRC – PAYE & NI Pension Accruals Hall Deposit Paid & Paid in advance	2023 £ 2,110 50 2,160 Fixtures and fittings £ 2,936 -	2023 £ 2,110 50	2023 £ 2,110 50	2022 £ 2,622 525
			2,160		3,147
					Total £ 10,082 -
	5,997 1,149			2,936	10,082
	5,938 542 15 152			2,320 153	8,800 320
	5,953 694			2,473	9,121
	59 607			616	1,282
	44 455			463	962
				2023 £ 1,090 477	2022 £ 852 261
				1,567	1,113
				2023 £ 1,498 737 81 1,094 714 4,124	2022 £ 1,074 665 83 1,311 800
					2,691

12 Trustees' Remuneration and Expenses

No trustee remuneration has been directly or indirectly paid or payable for the year out of the funds of the charity to any trustee or to any person or person connected with any of them.

Page 13

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2023 ________

13 Employees' Remuneration

Total remuneration for the year (excluding employer's contributions) amounted to £29,765 (2022 - £28,837). No employee earned more than £20,000 p.a. The average number of paid staff for the year were four (four in 2021/22) split as follows:

2021/22) split as follows:
	Running	Support
	Centre	Costs	Coffee Bar
Centre Manager	90%	10%
Admin Assistant	50%	50%
Book keeper		100%
1 Coffee Bar staff			100%

The total gross salaries of key management personnel are £18,259.

14 Reserves Policy

Symonds Green Community Association's reserves policy aims to keep undesignated funds at a level equal to three months budgeted expenditure with an aim of not falling below six weeks budgeted expenditure. The trustees consider this level is required to demonstrate financial stability and security to beneficiaries, funders, supporters and employees.

The trustees consider it prudent to hold this level of reserves to:

a) fund the start up costs of developments that will enable the Association to meet its aims and objectives

b) allow for fluctuations in income due to delayed receipt of statutory and/or contract payments.

c) meet unplanned but necessary expenditure.

The level of reserves is monitored and reviewed by trustees twice a year.

Free Reserves £24,919 Three months running costs £18,337

15 Fund Analysis

Income Expenditure Net incoming Resources before Transfers Transfer between Funds Net movement in Funds Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities	General Herts Comm Found/ Garden Equip Locality Budget- CCTV & Centre Equip Locality Budget – Events Sub - Total £ £ £ £ £ 66,355 - - - 66,355 69,928 15 50 - 69,993
	(3,573) (15) (50) - (3,638) 13 - - - 13
	(3,560) (15) (50) - (3,625) 28,512 59 201 145 28,917
	24,952 44 151 145 **25,292 **
	33 44 151 - 228 29,043 - - 145 29,188 (4,124) - - - (4,124)
	24,952 44 151 145 25,292

Page 14

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2023_________

15 Fund Analysis continued

Income Expenditure Net incoming Resources before Transfers Transfer between funds Net movement in Funds Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities Income Expenditure Net incoming Resources before Transfers Transfer between funds Net movement in Funds Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities		Sub - Total Locality Budget – Repairs & Replace Co-Op Locality Budget – Coffee Bar Fence Sub- Total £ £ £ £ £ 66,355 - - - 66,355 69,993 15 94 - 70,102
		(3,638) (15) (94) - (3,747) 13 - - - 13
		(3,625) (15) (94) - (3,734) 28,917 58 381 702 30,058
		25,292 43 287 702 26,324
		228 43 287 - 558 29,188 - - 702 29,890 (4,124) - - - (4,124)
		25,292 43 287 702 26,324
		Sub- total Locality Budget – Newsletter Locality Budget – Coffee Bar Tables, PPE, Security & Laptop SCT - Printer Sub - Total £ £ £ £ £ 66,355 - - - 66,355 70,102 - 99 46 70,247
		(3,747) - (99) (46) (3,892) 13 - (13) - -
		(3,734) - (112) (46) (3,892) 30,058 480 459 185 31,182
		26,324 480 347 139 27,290
		558 - 265 139 962 29,890 480 82 - 30,452 (4,124) - - - (4,124)
		26,324 480 347 139 27,290

Page 15

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2023___________

15 Fund Analysis continued

Income Expenditure Net incoming Resources before Transfers Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities	Sub- total Locality Covid-19 Omicron SBC Grants Various 21/22 & 22/23 HCP Covid-19 Recovery Grant Sub - Total £ £ £ £ £ 66,355 - 1,988 - 68,343 70,247 1,109 1,810 180 73,346
	(3,892) (1,109) 178 (180) (5,003) 31,182 2,296 403 180 34,061
	27,290 1,187 581 - 29.058
	962 - - - 962 30,452 1,187 581 - 32,220 (4,124) - - - (4,124)
	27,290 1,187 581 - 29,058

Fund balances outstanding from Co-Operative and Locality Budget holders to provided new equipment for the Community Centre and Coffee Bar.

Herts Community Foundation provided funding for garden equipment.

Locality Budget Holders provided funds to support the production of a newsletter.

21/22 Locality Budget Holders provided funds to support the coffee bar, purchase tables for the centre, PPE, security and the purchase of a laptop. This year funds have been provided to purchase baby changing equipment, card machine costs, curtains, an entrance mat and support for the coffee bar.

Last year Locality Budget holders provided funds to support white board & restock/replenish charity café for events; refreshments and children's activity equipment; outdoor games and equipment; supplies & equipment for christmas fete; heaters, patio parasols, children's activities; air con unit; food poverty.

Stevenage Community Trust (SCT) provided funds to purchase a printer.

HPB grant (Health Protection Board) to support the Voluntary, Community and Social Enterprise (VCSE) Sector who have been disproportionately impacted by Covid-19. It covers overheads such as venue hire and staffing.

Omicron Hospitality and Leisure Grant Scheme - support for businesses over the winter months, where they will have been impacted by the rise in the Omicron variant. Grant values were based on rateable value of property they occupy.

Page 16

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2023___________

16 Volunteers

Volunteer information is as follows:

	Number	No of Hours	Total
Activity	of Volunteers	per Volunteer	Hours
Functions	5	14	70
Handy Man/ Caretaker	2		90
Coffee Bar	2		520 (10 Per Week)
Office staff	1		30
Governance	19	6	114

17 Notes to the cash flow statement

Reconciliation of net income/(expenditure) to net cash flow from operating activities

Net income/(expenditure) for the year Adjustments for: Depreciation charges (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by operating activities	2023 2022 £ £ (5,003) 15,736 320 429 (454) (540) 191 1,242
	(4,946) **16,867 **

18 Independent Examiner Fees of £400 (£400 in 2022) have been accrued for the 2023 examination and preparation of accounts.

Page 17