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2024-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2023 To 31[st] March 2024

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 residents 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 room and hall for hire to enable the
Association to promote its objectives for the benefit of
the people of Redruth and 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 We have successful increased trade by a further 20% this achievements of the charity, year. Our customers have continued to support the Centre identifying the difference the with donations. We have also successfully secured some charity’s work has made to Community Capacity Fund monies to employ a firm of the circumstances of its architects and an energy consultant to look at design options beneficiaries and any wider for the future of the centre. Work has started and option benefits to society as a drawings are being considered. The aim is to get an agreed whole. re-design of the building and costed specifications of works to inform funding applications. We are also working on our carbon reduction plan.

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 a living wage employer,
so wages have increased. We continuing to actively
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
Description of charity’s
trusts:
n/a
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
any person or body entitled
to appoint one or more
trustees
Elected at AGM

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
7
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
Imelda Martin Secretary
Nick Lake 27thSeptember 2023

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

Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name **Dates acted if not for whole year **
n/a

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

Sorry the submission is late. This is due to a sudden family illness for the Centre manager which led to unplanned leave.

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) Imelda Martin Position (eg Secretary, Secretary Chair, etc) Date 15th February 2025

REDRUTH COMMUNITY ASSOCIATION ACCOUNTS REPORT

ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024

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

14th February 2025.

Keith Lyons Certified Public Accountants

REDRUTH COMMUNITY ASSOCIATION CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Receipts
Bank & cash balances at 1St April 2023
Room Hire
Meeting Rooms
Hall
Parties
Murdoch
Refreshments
Donations
Other
Grants
Community Capacity Fund
Community Chest
RTC Draw down
Artwell
Bank Interest
Previous year rounding diff
Difference
Recorded
Restricted
Funds
-
-
-
-
-
-
-
-
17,907.00
1,000.00
-
-
-
-
-
18,907.00
Unrestricted
Funds
18,234.66
17,113.00
15,890.00
1,380.00
12,779.00
-
1,739.70
304.43
-
-
3,600.00
-
382.75
-
-
71,423.54
Last Year
22/23
16,196.53
-
7,239.00
17,254.50
1,825.00
7,771.00
-
5,545.20
237.29
-
1,000.00
2,400.00
571.00
24.55
-
4.04
60,068.11

REDRUTH COMMUNITY ASSOCIATION CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Payments Restricted Restricted Unrestricted Last Year
Funds Funds 22/23
Insurance - 1,629.38 1,478.54
Heat and light - 4,342.62 3,119.45
Wages - 33,983.59 30,252.73
PP&S - 9.70 17.00
Maintenance - 2,171.76 2,028.47
Repairs - 457.91 17.14
Phone, TV & Printer - 1,503.80 1,095.27
Other - 1,402.60 240.60
Sample chairs - 272.04 -
Loan Repayment - 1,516.20 1,516.20
Bank charges - 60.00 60.00
Refreshments - 51.82 66.62
Community Capacity Fund 6,284.70
Planning fee - 64.00 -
RTC Grant - 2,301.20 -
Community Chest & Donations - - 1,432.38
Artwell - - 508.00
Difference Recorded - - 0.99
Un-Recorded - - 0.06
6,284.70 49,766.62 41,833.45
Bank & cash balances at 31st March 2024
Unrestricted 21,656.92 18,234.66
Restricted 12,622.30 -
18,907.00 71,423.54 60,068.11
Combined £ 34,279.22

REDRUTH COMMUNITY ASSOCIATION CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Receipts
Payments
Bank & cash balances at 1st April 2023
Petty cash
HSBC
Lloyds
Net movement in funds as above
Bank & cash balances at 31st March 2024
Petty cash
HSBC
Lloyds
No. 31158068
No. 01027530
No. 01408771
No. 31158068
No. 01027530
No. 01408771
Note 1 movement of funds
Restricted
18,907.00
6,284.70
12,622.30
Unrestricted
53,188.88
49,766.62
3,422.26
Total
72,095.88
56,051.32
16,044.56
38.36
1,735.80
11,000.00
5,460.50
18,234.66
16,044.56
34,279.22
£
36.56
2,065.91
28,382.75
3,794.00
34,279.22
£

Bank & cash balances at 1st April 2023

Bank & cash balances at 31st March 2024

REDRUTH COMMUNITY ASSOCIATION ACCOUNTS REPORT

ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024

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

14th February 2025.

Keith Lyons Certified Public Accountants

REDRUTH COMMUNITY ASSOCIATION CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Receipts
Bank & cash balances at 1St April 2023
Room Hire
Meeting Rooms
Hall
Parties
Murdoch
Refreshments
Donations
Other
Grants
Community Capacity Fund
Community Chest
RTC Draw down
Artwell
Bank Interest
Previous year rounding diff
Difference
Recorded
Restricted
Funds
-
-
-
-
-
-
-
-
17,907.00
1,000.00
-
-
-
-
-
18,907.00
Unrestricted
Funds
18,234.66
17,113.00
15,890.00
1,380.00
12,779.00
-
1,739.70
304.43
-
-
3,600.00
-
382.75
-
-
71,423.54
Last Year
22/23
16,196.53
-
7,239.00
17,254.50
1,825.00
7,771.00
-
5,545.20
237.29
-
1,000.00
2,400.00
571.00
24.55
-
4.04
60,068.11

REDRUTH COMMUNITY ASSOCIATION CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Payments Restricted Restricted Unrestricted Last Year
Funds Funds 22/23
Insurance - 1,629.38 1,478.54
Heat and light - 4,342.62 3,119.45
Wages - 33,983.59 30,252.73
PP&S - 9.70 17.00
Maintenance - 2,171.76 2,028.47
Repairs - 457.91 17.14
Phone, TV & Printer - 1,503.80 1,095.27
Other - 1,402.60 240.60
Sample chairs - 272.04 -
Loan Repayment - 1,516.20 1,516.20
Bank charges - 60.00 60.00
Refreshments - 51.82 66.62
Community Capacity Fund 6,284.70
Planning fee - 64.00 -
RTC Grant - 2,301.20 -
Community Chest & Donations - - 1,432.38
Artwell - - 508.00
Difference Recorded - - 0.99
Un-Recorded - - 0.06
6,284.70 49,766.62 41,833.45
Bank & cash balances at 31st March 2024
Unrestricted 21,656.92 18,234.66
Restricted 12,622.30 -
18,907.00 71,423.54 60,068.11
Combined £ 34,279.22

REDRUTH COMMUNITY ASSOCIATION CHAPEL STREET, REDRUTH

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Receipts
Payments
Bank & cash balances at 1st April 2023
Petty cash
HSBC
Lloyds
Net movement in funds as above
Bank & cash balances at 31st March 2024
Petty cash
HSBC
Lloyds
No. 31158068
No. 01027530
No. 01408771
No. 31158068
No. 01027530
No. 01408771
Note 1 movement of funds
Restricted
18,907.00
6,284.70
12,622.30
Unrestricted
53,188.88
49,766.62
3,422.26
Total
72,095.88
56,051.32
16,044.56
38.36
1,735.80
11,000.00
5,460.50
18,234.66
16,044.56
34,279.22
£
36.56
2,065.91
28,382.75
3,794.00
34,279.22
£

Bank & cash balances at 1st April 2023

Bank & cash balances at 31st March 2024