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2023-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2022 To 31[st] March 2023

Charity name: Redruth Community Association

Charity registration number: 287343

Objectives and Activities
Summary of the purposes of
the charity as set out in its
governing document		 To promote the benefit of the inhabitants of Redruth.
To advance their education and skills.
To provide facilities for training, health, recreation and
leisure-time activities.
To maintain and manage Redruth Community Centre.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Provision of rooms & hall for hire to enable the
Association to promote its objectives for the benefit
of the people of Redruth & neighbourhood for all ages
and abilities.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Trustees have had regards to the guidance on public
benefit issued by the Charities Commission.

Additional information (optional) You may choose to include further statements where relevant about:

Policy on grant making Policy on social investment including program related investment Contribution made by volunteers Other

Achievements and Performance

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 We are continuing to build back the range of activities
after Covid and also build back trade which benefits
everybody. We have secured some small grants.
One was to undertake a community arts project
creating posters & bunting to brighten the centre,
another was to upgrade the emergency lighting to
LED & another to purchase a new laptop for the
centre manager. Our Bingo club has been fund
raising for new furniture for the hall.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set Performance of fundraising activities against objectives set Investment performance against objectives Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 We are continuing to build back trade and the range
of activities on offer. This means the centre is open
longer so operating costs have risen, even though
costs are being tightly controlled. We are continuing
to seek grant funding to improve the centre.
Statement explaining the
policy for holding reserves
stating why they are held		 n/a
Amount of reserves held n/a
Reasons for holding zero
reserves		 We aim to keep a minimum of £10k in the bank, but
don’t have a reserves policy as such.
Details of fund materially in
deficit		 none
Explanation of any
uncertainties about the
charity continuing as a going
concern		 none

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising) Investment policy and objectives including any social investment policy adopted A description of the principal risks facing the charity Other

Structure, Governance and Management

Structure, Governance and Management
Type of governing document Constitution
How is the charity
constituted?		 Association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of		 Elected at AGM

any person or body entitled to appoint one or more trustees

Additional information (optional) You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees The charity’s organisational structure and any wider network with which the charity works. Relationship with any related parties Other

Reference and Administrative details

Charity name Redruth Community Association
Other name the charity uses n/a
Registered charity number 287343
Charity’s principal address Redruth Community Centre, Foundry Row, Chapel Street,
Redruth, Cornwall, TR15 1AW.

Names of the charity trustees who manage the charity

1
2
3
4
5
6		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Robert Stephen
Barnes		 Chairman Redruth Town Council
Judith Marilyn
Davidson MBE
Carol Taylor Treasurer
Bruce Craze Vice Chairman
Bob Mansfield 14thSeptember 2022
Imelda Martin Secretary 14thSeptember 2022

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets Nil held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Imelda Martin


Secretary
25thJanuary 2024
25thJanuary 2024
Redruth Community Association Redruth Community Association Redruth Community Association 287343
Receipts and payments accounts
For the period
from		 1st April 2022 To 31st March 2023

Receipts and payments accounts CC16a For the period 1st April 2022 31st March 2023 To from

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
-
7,239
17,255
1,825
7,771
771
237
1,000
-
2,400
571
25
4
39,098
-
-
-
39,098
1,479
3,119
30,253
17
2,028
17
1,095
241
1,516
60
67
-
-
1,432
508
1
0
41,833
-
-
-
41,833
- 2,736
16,197
13,461		 Restricted
funds
to the nearest £
-
-
-
-
-
4,774
-
-
-
4,774
-
-
-
4,774
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,774
-
-
4,774
1		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
-
7,239
17,255
1,825
7,771
-
5,545
237
1,000
-
2,400
571
25
4
43,872
-
-
-
43,872
1,479
3,119
30,253
17
2,028
17
1,095
241
-
1,516
60
67
-
-
1,432
508
1
0
41,833
-
-
-
41,833

2,038		 Last year
to the nearest £
Room Hire - -
MeetingRooms 7,239 4,901
Hall 17,255 14,310
Parties 1,825 466
Murdoch 7,771 2,637
Refreshments 15
Donations 771 434
Other 237 116
Grants
Furlough 8,113
Covid Closure 12,763
CommunityChest 1,000 3,778
Awards for All - 8,657
RTC Drawdown 2,400 240
Artwell 571
Bank Interest 25 0
Difference 4 1
Sub total(Gross income for
AR)		 39,098 56,431
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
56,431

Insurance		 1,479 1,311
Heat and Light 3,119 1,957
Wages 30,253 27,886
PP&S 17 35
Maintenance 2,028 1,214
Repairs 17 802
Phone,TV & Printer 1,095 1,456
Other 241 267
Loan Carroll 1,450
Loan Repayment 1,516 1,516
Bank Charges 60 15
Refreshments 67
Awards for All - 8,657
RTC Grant - 240
CommunityChest & Donations 1,432
Artwell 508
Difference recorded 1
Difference un-recorded 0 -
**Sub total ** 41,833 46,806
A4 Asset and investment
purchases (see table)
, -
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
CCXX R1 accounts (SS)
46,806
- 2,736 4,774 -
2,038		 9,625
- - - -
16,197 - - 16,197 -
13,461 4,774
1		 - 18,235 9,625
25/01/2024

CCXX R2 accounts ISSI 2510112024

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Details
Details
Petty Cash
HSBC Money Manager
Lloyds
Details
HSBC Current Account
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
38
-
1,736
11,000
-
687
4,774
13,461
4,774
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
Fund to which
asset belongs
Cost (optional)
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
Print Name
Imelda Martin		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
When due
(optional)
Date of
approval
Imelda Martin 25/01/2024

CCXX R3 accounts (SS)

25/01/2024

3

REDRUTH COMMUNITY ASSOCIATION

ACCOUNTS REPORT

ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023

We report on the accounts to the Charity for the year ended 31st March which are set out on pages 2 and 3.

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 our 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) of the Charities Act and

to state whether particular matters have come to our attention

Basis of independent examiner's report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes the 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 you as 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 our examination, no matter has come to our attention:

Suite 1b Gateway Business Centre Barncoose Industrial Estate Redruth

TR15 3RQ

23rd January 2024.

Keith Lyons Certified Public Accountants

REDRUTH COMMUNITY ASSOCIATION

CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2023

Receipts
Bank & cash balances at 1St April 2022
Room Hire
Meeting Rooms
Hall
Parties
Murdoch
Refreshments
Donations
Other
Grants
Furlough
Covid Closure
Community Chest
Awards for All
RTC Draw down
Artwell
Bank Interest
Previous year rounding diff
Difference
Recorded		 Restricted
Funds
-
-
-
-
-
-
4,773.94
-
-
-
-
-
-
-
-
-
-
4,773.94		 Unrestricted
Funds
16,196.53
7,239.00
17,254.50
1,825.00
7,771.00
-
771.26
237.29
-
-
1,000.00
-
2,400.00
571.00
24.55
-
4.04
55,294.17		 Last Year
21/22
6,572.65
-
4,901.00
14,309.84
466.00
2,637.00
15.00
433.70
115.88
8,113.27
12,763.00
3,778.00
8,657.00
240.24
-
0.34
0.50
-
63,003.42

REDRUTH COMMUNITY ASSOCIATION

CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2023

Payments Restricted Restricted Unrestricted Last Year
Funds Funds 21/22
Insurance - 1,478.54 1,311.10
Heat and light - 3,119.45 1,957.35
Wages - 30,252.73 27,886.48
PP&S - 17.00 34.72
Maintenance - 2,028.47 1,213.38
Repairs - 17.14 802.00
Phone, TV & Printer - 1,095.27 1,456.44
Other - 240.60 267.00
Loan Carroll - - 1,450.00
Loan Repayment - 1,516.20 1,516.20
Bank charges - 60.00 15.00
Refreshments - 66.62 -
Awards for All - - 8,657.00
RTC Grant - - 240.22
Community Chest & Donations - 1,432.38 -
Artwell - 508.00 -
Difference Recorded - 0.99 -
Un-Recorded - 0.06 -
- 41,833.45 46,806.89
Bank & cash balances at 31st March 2023
Unrestricted 13,460.72 16,196.53
Restricted 4,773.94 -
4,773.94 55,294.17 63,003.42
Combined £ 18,234.66

REDRUTH COMMUNITY ASSOCIATION

CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2023

Receipts
Payments
Bank & cash balances at 1st April 2022
Petty cash
HSBC
Nationwide (Closed July 21)
Lloyds
Net movement in funds as above
Bank & cash balances at 31st March 2023
Petty cash
HSBC
Lloyds
No. 31158068
No. 01027530
No. 01408771
No. 31158068
No. 01027530
No. 01408771
Note 1 movement of funds		 Restricted
4,773.94
-
4,773.94		 Unrestricted
39,097.64
41,833.45
2,735.81
-		 Total
43,871.58
41,833.45
2,038.13
20.74
1,014.61
53.30
-
15,107.88
16,196.53
2,038.13
18,234.66
£
38.36
1,735.80
11,000.00
5,460.50
18,234.66
£

Bank & cash balances at 1st April 2022

Bank & cash balances at 31st March 2023