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2025-03-31-accounts

CHARITY COMMISSION Trustees, Annual Report foi the period Section A Releience and administration details Charity name oihef narnes the charity is known bv Reg15teied charity nurnber111 any) Charity's principal addiess s.r Postcode Names ol the charity trustees who manage the chaiity Trustee Name olflce (if any) Dates acted11 not I whole y¢•r Name ol pefson (or body) entitled to appolnt trustee (if any) SK• 4u• -fE ws.r•Y a*4S kfv Mt• y4M17 +4)S 10 3 Coo 12 13 14 15 16 17 18 19 2Q Names ol the trustees lor the charity, il any {lor exarnple. any custodian irusieesl Narne Dates acted it not for whole year IAR Maich 2012

Section A Reference and adminislralion details (continued) Narnes and addresses of advisers Type of adv15er tional inlormalton Mame Name ol chiel executive OT names ol senioi staff membw510 lional Inform￿ Se(lion B Slruclure, goveinanie and management Des(rlptloTh of Ihe charlty'5 tru5t5 Type ol goverTrlng doojmeftt leg tsust deed, (onstttutlon How the charity ￿ constituled (eg iiusl association, ￿mpanY> Tru51ee selection merhods {e9 appoinied by, ele(ied by) Addillonal go¥￿nance Issues (optlonal Infoimaik)n You rnay choose lo include additional inloiffiation, where ielevanL about- pollcles and piocedures adopted foi the indvction and training ol irustees.. the ¢hairty's oiganisational stru<iure and any wlder netw￿ wllh whkh the chairty woiks.. ielatlonship with any ￿lathd parlies,. tllJSlees' (onslderaiion ol major risks a[￿ the system and proceduies to fflanage them. I

Section C Objectives and activilies Surnrnaiy ol the objects ol the charity set oul in Its goveining documenl Summary ol the main activities undeftaken loi the public beneht in relation to these objects (include within Ihis section the slètutory declaiation that trusiees have had regaid to the guidance issued by the Chaiity Commlsslon on public benefit) Addiiional details ol obje(tSves and ailivibe5 loptiona5 inloimalion) You may choose to in(lude luither 5tatefnents, where relevant, 8bo*Jt.. policy on giantmakino,. . policy progiamme related InvestmenL. . c¢ntrlbution made by volunteeis. Section D Achievements and peifofmance Sufflrnafv ol the main achievements ol Ihe charity duiSng the year YAR Marrh 2012

section E f inancial review Brief ststement of the chaiity's policy on Tewves Details ol any funds fflaierially In ¢Jeficit Further linancièl review details {optional Inlorffiationl You may thowe to in(lude addlllonal inloimalion, where ielevant, aboul.. Ihe chaiity'5 pilncipal sources ol thnds {including any lundraisin91- how expenditure has supported the kev obiectives ol the cha(ily- Invesiment policy and objectives Including ny ethical inve51menl poli(v adopted. Section F Other oplional informalion Seition G Declaration The trustees de(lare that they have approved the trustees. repoit above Signed on behalf ol the chaiity's ttustees S￿￿ture{s} Full name{s} L.KOWICA SHALP Posib"on (eg Secretary. (hair. etc} 5-rc. c Date llThCJEY TAR March 2012

St. Michaels Mount Community Association

Report and Accounts

31 March 2025

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 2025 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 2025, 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

14 July 2025

1

St. Michaels Mount Community Association Income and Expenditure Account for the year ended 31 March 2025

Notes
Income
Rent
NHDC Grant
Administrative expenses
Operating (deficit)/surplus
Retained (deficit)/surplus for the year
2025
£
42,213
-
42,213
(28,868)
13,345
13,345
2024
£
43,300
-
43,300
(36,909)
6,391
6,391

2

St. Michaels Mount Community Association Balance Sheet as at 31 March 2025

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
88,942
50
1,883
2025
£
102,445
85,110
50
2,158
87,318
(724)
89,997
192,442
192,442
192,442
2025
£
102,445
85,110
50
2,158
87,318
(724)
89,997
192,442
192,442
192,442
2024
£
92,503
86,594
90,875
(878)
179,097
179,097
179,097
192,442 179,097

Chairman

Approved by the trustees on 14 July 2025

3

St. Michaels Mount Community Association Notes to the Accounts at 31 March 2025

1 Accounting policies

Accounting convention

The accounts have been prepared under the historical cost convention.

2 Investment Fund

Value
At 1 April 2024
Add profit/Loss for the year
At 31 March 2025
£
£92,503.00
£9,942.00
£102,445.00

3 Accuumulated Fund

Value At 1 April 2024 £179,097.00 Add Surplus/(-deficit) for the year £13,345.00 At 31 March 2025 £192,442.00

4

St. Michaels Mount Community Association Schedule to the Income and Expenditure Account for the year ended 31 March 2025

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
2025
£
996
996
1,209
1,387
66
567
15,467
1,258
6,037
10,693
(9,942)
730
27,472
400
400
28,868
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

St. Michaels Mount Community Association

Report and Accounts

31 March 2025

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 2025 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 2025, 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

14 July 2025

1

St. Michaels Mount Community Association Income and Expenditure Account for the year ended 31 March 2025

Notes
Income
Rent
NHDC Grant
Administrative expenses
Operating (deficit)/surplus
Retained (deficit)/surplus for the year
2025
£
42,213
-
42,213
(28,868)
13,345
13,345
2024
£
43,300
-
43,300
(36,909)
6,391
6,391

2

St. Michaels Mount Community Association Balance Sheet as at 31 March 2025

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
88,942
50
1,883
2025
£
102,445
85,110
50
2,158
87,318
(724)
89,997
192,442
192,442
192,442
2025
£
102,445
85,110
50
2,158
87,318
(724)
89,997
192,442
192,442
192,442
2024
£
92,503
86,594
90,875
(878)
179,097
179,097
179,097
192,442 179,097

Chairman

Approved by the trustees on 14 July 2025

3

St. Michaels Mount Community Association Notes to the Accounts at 31 March 2025

1 Accounting policies

Accounting convention

The accounts have been prepared under the historical cost convention.

2 Investment Fund

Value
At 1 April 2024
Add profit/Loss for the year
At 31 March 2025
£
£92,503.00
£9,942.00
£102,445.00

3 Accuumulated Fund

Value At 1 April 2024 £179,097.00 Add Surplus/(-deficit) for the year £13,345.00 At 31 March 2025 £192,442.00

4

St. Michaels Mount Community Association Schedule to the Income and Expenditure Account for the year ended 31 March 2025

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
2025
£
996
996
1,209
1,387
66
567
15,467
1,258
6,037
10,693
(9,942)
730
27,472
400
400
28,868
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