CHARITY COMMISSION Trustees, Annual Repoit foi the period FiiKn (start thie) io (end datel SÈclion A Reference and administiation details Othrrty narr 1ST. Mtr)tJY A&soci A710 Other Trame5 the charity is kmwn by S MMCA Registered chairty number {il anv) (harrty's prI1paI addFe55 Sf. f> Postcode Names ol the (hèiity tiustees who mafiage the chariiy Ollk¢ (rf aTry) O•tes arted If for TftAMle year Narne Of peison (w body> fttitl¢d to oppolnt trusiee (il onyl Truste• Na So** 10 POTT 12 i % £¥p AFFILOYQ >p 13 14 15 16 17 18 19 20 Names ol the tlustees low the Ihaiity, rf any Ilor example. any custodon tru51ees) Name Dates arted If not foi whole year %Rtst4 1 ¢a SHINKP zA6ETH IAR March 2012
section E Financial review Brief statement ol t Iharity's polKy on reserves Soff PJ y A> L , Ccw4Yb INJ}¢-Y Yo Afvj Detalls ol any lunos rT&e¥1IY In deficrt Furlhei Iinancol review detai15 (optional tnlorrnalion) You may choose lo include additional inloimaiion, where (elevant. aboul-. the chèrilv's prin<ipal souices ol funds (including any lundiaiyng).. . how expenditure has supported the kev obieclsves of the charlty.. investment policy and obie(lives Including ny ethical investment polKy adopted. Section F other optional information Section G Detlaration The tIU5tees declare that they have approved the Iiustees. iepwi above Signed oft behalf ol the charity's irustees Signèturetsl Full namets) &IcLc Poytion leg Secretary, (hair. e Date UE7rJuFJll IAR March 2012
St. Michaels Mount Community Association
Report and Accounts
31 March 2023
GREYDELLS ACCOUNTING SERVICES
129B HIGH STREET STEVENAGE HERTS SG1 3HS
St. Michaels Mount Community Association
Independent Examiners' report on the accounts for the year ended 31st March 2023 to the Trustees of St. Michaels Mount Community Association
Respective Responsibilities of Trustees and Examiner
As the charity's trustees you are responsible for the preparation of the accounts for the year ended 31st March 2023, set out on pages 2 to 4, and you consider that the Association is exempt from the audit requirement under section 43(2) of the Charities Act 1993.It is our rsponsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7) (b) of the Act, 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 a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements,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 we do not express an audit opinion on the view given by the financial statements.
Independent Examiners' Statement
In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements to which, in our opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Greydells Accounting Services Accountants
129b High Street Stevenage Herts SG1 3HS
2 June 2023
1
St. Michaels Mount Community Association Income and Expenditure Account for the year ended 31 March 2023
| Notes Income Rent NHDC Grant Administrative expenses Operating (deficit)/surplus Retained (deficit)/surplus for the year |
2023 £ 41,554 - 41,554 (40,640) 914 914 |
2022 £ 39,798 9,500 |
|---|---|---|
| 49,298 (29,702) |
||
| 19,596 | ||
| 19,596 |
2
St. Michaels Mount Community Association Balance Sheet as at 31 March 2023
| Notes Investment Fund 2 Current assets Bank Current Account Cash in hand Debtors Creditors: amounts falling due within one year Net current assets Total assets Accumulated Fund 3 |
82,157 50 2,007 |
2023 £ 88,690 78,463 50 5,322 83,835 (1,430) 84,016 172,706 172,706 172,706 |
2023 £ 88,690 78,463 50 5,322 83,835 (1,430) 84,016 172,706 172,706 172,706 |
2022 £ 89,327 82,405 |
|---|---|---|---|---|
| 84,214 (198) |
||||
| 171,732 | ||||
| 171,732 | ||||
| 171,732 | ||||
| 172,706 | 171,732 |
Chairman
Approved by the trustees on 2 June 2023
3
St. Michaels Mount Community Association Notes to the Accounts at 31 March 2023
1 Accounting policies
Accounting convention
The accounts have been prepared under the historical cost convention.
2 Investment Fund
| Value At 1 April 2022 Add profit/Loss for the year At 31 March 2023 |
£ £89,327.00 -£637.00 £88,690.00 |
|---|---|
3 Accuumulated Fund
| Value At 1 April 2022 Add Surplus/(-deficit) for the year At 31 March 2023 |
£171,732.00 £974.00 £172,706.00 |
|---|---|
4
St. Michaels Mount Community Association Schedule to the Income and Expenditure Account for the year ended 31 March 2023
| Administrative expenses Employee costs: Pensions Telephone Insurance Stationery and postage Software Admin wages Rates, water & property services Gas & Electric Maintenance (Gain) Loss on Investments Sundry expenses Legal and professional costs: Accountancy fees Total Administrative expenses |
2023 £ 830 830 1,034 614 60 427 14,119 996 3,959 16,961 637 603 39,410 400 400 40,640 |
2022 £ 981 |
|---|---|---|
| 981 | ||
| 869 1,511 193 - 13,081 706 1,717 19,251 (10,006) 999 |
||
| 28,321 | ||
| 400 | ||
| 400 | ||
| 29,702 |
St. Michaels Mount Community Association
Report and Accounts
31 March 2023
GREYDELLS ACCOUNTING SERVICES
129B HIGH STREET STEVENAGE HERTS SG1 3HS
St. Michaels Mount Community Association
Independent Examiners' report on the accounts for the year ended 31st March 2023 to the Trustees of St. Michaels Mount Community Association
Respective Responsibilities of Trustees and Examiner
As the charity's trustees you are responsible for the preparation of the accounts for the year ended 31st March 2023, set out on pages 2 to 4, and you consider that the Association is exempt from the audit requirement under section 43(2) of the Charities Act 1993.It is our rsponsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7) (b) of the Act, 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 a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements,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 we do not express an audit opinion on the view given by the financial statements.
Independent Examiners' Statement
In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements to which, in our opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Greydells Accounting Services Accountants
129b High Street Stevenage Herts SG1 3HS
2 June 2023
1
St. Michaels Mount Community Association Income and Expenditure Account for the year ended 31 March 2023
| Notes Income Rent NHDC Grant Administrative expenses Operating (deficit)/surplus Retained (deficit)/surplus for the year |
2023 £ 41,554 - 41,554 (40,640) 914 914 |
2022 £ 39,798 9,500 |
|---|---|---|
| 49,298 (29,702) |
||
| 19,596 | ||
| 19,596 |
2
St. Michaels Mount Community Association Balance Sheet as at 31 March 2023
| Notes Investment Fund 2 Current assets Bank Current Account Cash in hand Debtors Creditors: amounts falling due within one year Net current assets Total assets Accumulated Fund 3 |
82,157 50 2,007 |
2023 £ 88,690 78,463 50 5,322 83,835 (1,430) 84,016 172,706 172,706 172,706 |
2023 £ 88,690 78,463 50 5,322 83,835 (1,430) 84,016 172,706 172,706 172,706 |
2022 £ 89,327 82,405 |
|---|---|---|---|---|
| 84,214 (198) |
||||
| 171,732 | ||||
| 171,732 | ||||
| 171,732 | ||||
| 172,706 | 171,732 |
Chairman
Approved by the trustees on 2 June 2023
3
St. Michaels Mount Community Association Notes to the Accounts at 31 March 2023
1 Accounting policies
Accounting convention
The accounts have been prepared under the historical cost convention.
2 Investment Fund
| Value At 1 April 2022 Add profit/Loss for the year At 31 March 2023 |
£ £89,327.00 -£637.00 £88,690.00 |
|---|---|
3 Accuumulated Fund
| Value At 1 April 2022 Add Surplus/(-deficit) for the year At 31 March 2023 |
£171,732.00 £974.00 £172,706.00 |
|---|---|
4
St. Michaels Mount Community Association Schedule to the Income and Expenditure Account for the year ended 31 March 2023
| Administrative expenses Employee costs: Pensions Telephone Insurance Stationery and postage Software Admin wages Rates, water & property services Gas & Electric Maintenance (Gain) Loss on Investments Sundry expenses Legal and professional costs: Accountancy fees Total Administrative expenses |
2023 £ 830 830 1,034 614 60 427 14,119 996 3,959 16,961 637 603 39,410 400 400 40,640 |
2022 £ 981 |
|---|---|---|
| 981 | ||
| 869 1,511 193 - 13,081 706 1,717 19,251 (10,006) 999 |
||
| 28,321 | ||
| 400 | ||
| 400 | ||
| 29,702 |