(HARITY COMMISSION Trustees, Annual Repoit for the period 5e(lion A Reference and administration details (harity name othei names the chadty Is known by Regislered chailty numbef {11 any) (l(1¢Y,5 prinupal addre55 P051code Names ol the charity trustees who manage the (harlty Iru5t•e Naffle Offi¢¢ 01 Dot•s xl•d11 not I Name ol person (OT body) nthled to appolnt trnslee (51 any) *JS"f•• io 11 ts-JP. 12 13 14 15 16 17 18 19 20 Narnes ol the trustees IOF the chaiiiy. il any Ilor example, any (wb)dian twstee51 NaNbe Dales arteO11 not lorwhole ye
Section A Releience and administiation details (continued) Names and addiesses ol ad¥iser5 (optional inlormaiion) Type of adviser Addrtss Name ol chiel executive or ftames of sen[ stall membws lo lo11 inlormat. Section B stiucture, governance and management Oescilpiion ol Ihe charity's iiusts Type ol goveining dotumenl (eg irusi deed constitutlon How the charity ts (Mslitvied (eg iiu5t. association, company) r4 SSOLI Tru51ee selectlon methods leg aPPOlllted by. elerted by) Additional governance issues (optional Inlomlltion You rnay rhoose lo include addltional inloitnation, where ielevani, aboul- . poll(les and procedures adopted loi the Induction and Iraining ol twsieei. . the charlty's organi5at10n slrtKture a1 afty wldw network with which the tharlty woik%' relatlonship with any related partk8' tsusfees, consfjderatloD ol rnajor Fisks a1 t syslem and prv(edwe5 to tm. IY
Section C Objectives and activitie5 Summary ol Ihe objEtts ol the Ihaiity set out ITr its goveming docume -Tr Svmmèry of the main acti¥ittes undeitakerÈ lor the public benefit in telaiion to these objects (include within this seition the slatvlory declaiation that trustees have had regard to the guidance issued by the Charity Commission on txjblic benefit) Additional detalls ol objectives and activllles loptlwl inlornwiion) You m4y choose to include full1 statements, wheie relevant. about.. policy on grantmaking.. ' wll(y prograrnme rdaled Investment.. ' conifibullon njde by vdunteers. Section D A(hievements and perloiman(e Sumrnary ol main achievements ol the charity dull year
Section E Financial review Biiel statement ol the charity's poli(y on resei¥es Y4 V¥ Detsils ol any funds Matla11¥ in defKit Furthei financial revlew detalls loptlonal inlormatlon) You rnay ch005e to include addittonal Inlorfflation, where relevaftl. about.. the charity's piincipal sources of ltsnds (Includlng any fundraising),. . how expendllure ha5 5UPPNted the key oblectlves ol the thorily. . Inveslment pollcy and obffthes indlIJ any ethical Investment p1¢Y adopled. Se(lion F oihef optional inloFmalion Se(tion G Declaration The Iruslees declare that Ihey have app¥oved the truslees, iepori above Signed on behalf of the charity's tiustees snabe{$) Full nory*ls) Possl¥x¢ (eg Se(retary. thali. et£)
St. Michaels Mount Community Association
Report and Accounts
31 March 2024
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 2024 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 2024, 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
15 June 2024
1
St. Michaels Mount Community Association Income and Expenditure Account for the year ended 31 March 2024
| Notes Income Rent NHDC Grant Administrative expenses Operating (deficit)/surplus Retained (deficit)/surplus for the year |
2024 £ 43,300 - 43,300 (36,909) 6,391 6,391 |
2023 £ 41,554 - |
|---|---|---|
| 41,554 (40,580) |
||
| 974 | ||
| 974 |
2
St. Michaels Mount Community Association Balance Sheet as at 31 March 2024
| 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 |
85,110 50 2,158 |
2024 £ 92,503 82,157 50 2,007 84,214 (198) 86,594 179,097 179,097 179,097 |
2024 £ 92,503 82,157 50 2,007 84,214 (198) 86,594 179,097 179,097 179,097 |
2023 £ 88,690 84,016 |
|---|---|---|---|---|
| 87,318 (724) |
||||
| 172,706 | ||||
| 172,706 | ||||
| 172,706 | ||||
| 179,097 | 172,706 |
Chairman
Approved by the trustees on 15 June 2024
3
St. Michaels Mount Community Association Notes to the Accounts at 31 March 2024
1 Accounting policies
Accounting convention
The accounts have been prepared under the historical cost convention.
2 Investment Fund
£ Value At 1 April 2023 £88,690.00 Add profit/Loss for the year £3,813.00 At 31 March 2024 £92,503.00
3 Accuumulated Fund
| Value At 1 April 2023 Add Surplus/(-deficit) for the year At 31 March 2024 |
£172,706.00 £6,391.00 £179,097.00 |
|---|---|
4
St. Michaels Mount Community Association Schedule to the Income and Expenditure Account for the year ended 31 March 2024
| 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 |
2024 £ 996 996 1,128 1,309 108 437 13,272 1,009 5,390 16,063 (3,813) 610 35,513 400 400 36,909 |
2023 £ 830 |
|---|---|---|
| 830 | ||
| 1,034 614 60 367 14,119 996 3,959 16,961 637 603 |
||
| 39,350 | ||
| 400 | ||
| 400 | ||
| 40,580 |
St. Michaels Mount Community Association
Report and Accounts
31 March 2024
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 2024 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 2024, 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
15 June 2024
1
St. Michaels Mount Community Association Income and Expenditure Account for the year ended 31 March 2024
| Notes Income Rent NHDC Grant Administrative expenses Operating (deficit)/surplus Retained (deficit)/surplus for the year |
2024 £ 43,300 - 43,300 (36,909) 6,391 6,391 |
2023 £ 41,554 - |
|---|---|---|
| 41,554 (40,580) |
||
| 974 | ||
| 974 |
2
St. Michaels Mount Community Association Balance Sheet as at 31 March 2024
| 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 |
85,110 50 2,158 |
2024 £ 92,503 82,157 50 2,007 84,214 (198) 86,594 179,097 179,097 179,097 |
2024 £ 92,503 82,157 50 2,007 84,214 (198) 86,594 179,097 179,097 179,097 |
2023 £ 88,690 84,016 |
|---|---|---|---|---|
| 87,318 (724) |
||||
| 172,706 | ||||
| 172,706 | ||||
| 172,706 | ||||
| 179,097 | 172,706 |
Chairman
Approved by the trustees on 15 June 2024
3
St. Michaels Mount Community Association Notes to the Accounts at 31 March 2024
1 Accounting policies
Accounting convention
The accounts have been prepared under the historical cost convention.
2 Investment Fund
£ Value At 1 April 2023 £88,690.00 Add profit/Loss for the year £3,813.00 At 31 March 2024 £92,503.00
3 Accuumulated Fund
| Value At 1 April 2023 Add Surplus/(-deficit) for the year At 31 March 2024 |
£172,706.00 £6,391.00 £179,097.00 |
|---|---|
4
St. Michaels Mount Community Association Schedule to the Income and Expenditure Account for the year ended 31 March 2024
| 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 |
2024 £ 996 996 1,128 1,309 108 437 13,272 1,009 5,390 16,063 (3,813) 610 35,513 400 400 36,909 |
2023 £ 830 |
|---|---|---|
| 830 | ||
| 1,034 614 60 367 14,119 996 3,959 16,961 637 603 |
||
| 39,350 | ||
| 400 | ||
| 400 | ||
| 40,580 |