DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
REGISTERED CHARITY NUMBER: 300182
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 FOR NEW WINDSOR COMMUNITY ASSOCIATION
Cogs Accountancy Services Limited 89 Dedworth Road Windsor Berkshire SL4 5BB
DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2022
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. Mr P Nicholls - Trustee
Beverley Jones
28 September 2023 | 03:07 PDT
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW WINDSOR COMMUNITY ASSOCIATION
Independent examiner's report to the trustees of New Windsor Community Association
I report to the charity trustees on my examination of the accounts of the New Windsor Community Association (the Trust) for the year ended 31 December 2022
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
- the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
John Jasinski
Cogs Accountancy Services Limited 89 Dedworth Road
Windsor Berkshire SL4 5BB
Date: .............................................
27 September 2023 | 10:07 BST
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| FOR THE YEAR ENDED 31 DECEMBER 2022 | |
|---|---|
| Notes INCOME AND ENDOWMENTS FROM Voluntary income and Other activites Other income Total EXPENDITURE ON Costs of generating voluntary income and other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2022 2021 Unrestricted Unrestricted fund (£) fund (£) 122,624 53,285 4,319 35,464 |
| 126,943 88,749 126,625 91,412 |
|
| 126,625 91,412 |
|
| 318 (2,663) 370,783 373,446 |
|
| 371,103 370,783 |
The notes form part of these financial statements
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
BALANCE SHEET AT 31 DECEMBER 2022
| AT 31 DECEMBER 2022 | |
|---|---|
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Cash at bank and in hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS |
2022 2021 Unrestricted Unrestricted fund (£) fund (£) 370,443 381,123 5,938 (4,418) 11,017 8,302 |
| 387,398 3,884 16,296 10,740 |
|
| 16,296 14,624 |
|
| 371,103 370,383 |
|
| 371,103 370,383 |
|
| 371,103 370,383 |
|
| 371,103 370,383 |
The financial statements were approved by the Board of Trustees on 15 June 2022 signed on its behalf by:
............................................. Mr P Nicholls - Trustee
The notes form part of these financial statements
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - straight line over the life of the lease Fixtures and fittings - 25% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
3. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2022 | 2021 |
|---|---|
| 1 | 2 |
No employees received emoluments in excess of £60,000.
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022
4. TANGIBLE FIXED ASSETS
| FIXED ASSETS | |
|---|---|
| COST At 1 January 2022 and 31 December 2022 DEPRECIATION At 1 January 2022 Charge for year At 31 December 2022 NET BOOK VALUE At 31 December 2022 At 31 December 2021 |
Long Fixtures and leasehold fittings Totals £ £ £ 541671 28,322 569,993 |
| 164,560 28,193 192,753 6,764 32 6,796 |
|
| 171,324 28,225 199,549 |
|
| 370,347 97 370,444 |
|
| 377,111 129 377,240 |
The lease from the Royal Borough of Windsor and Maidenhead to the Association in respect of the Community Centre was renewed from 29th October 1978 for a term of 99 years
5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other Debtors AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Due to New Windsor Social Club Ltd Other Creditors Pension liability Accruals and deferred income |
2022 2021 £ £ 5,938 (4,418) £18,337 £12,695 (£2,041) (£2,007) £52 |
|---|---|
| 16,296 10,740 |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022
6. MOVEMENT IN FUNDS
Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted Funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1/1/2022 At 31/12/2022 £ £ £ 370,383 318 370,701 Net movement in funds |
|---|---|
| £ £ £ 370,785 318 371,103 Incoming resources Resources expended Movement in funds |
|
| 370,785 318 371,103 At 1/1/21 At 31/12/21 373,450 2,612 370,838 Net movement in funds |
|
| 373,450 2,612 370,838 |
|
| £ £ £ 373,446 -2,663 370,783 Incoming resources Resources expended Movement in funds |
|
| 373,446 (2,663) 370,783 |
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022
7. RELATED PARTY DISCLOSURES
Members of the New Windsor Community Association may also be members of New Windsor Social Club Limited. An occupational licence exists between the Windsor Community Association and New Windsor Social Club Limited whereby the latter is charged for various facilities made available by the Association.
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DocuSign Envelope ID: 66A1A7BB-E50A-4CC9-B13E-0804056692F8
NEW WINDSOR COMMUNITY ASSOCIATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| INCOME AND ENDOWMENTS Voluntary income Membership and Other Income Other income Fee from New Windsor Social Club Ltd Grant Income Total incoming resources EXPENDITURE Raising donations and legacies Wages Social security Rates and water Insurance Light and heat Telephone Repairs and maintenance Other trading activities Pensions Support costs Management Postage and stationery Purchases IT Costs and Advertising Sundries Accountancy Finance Pensions Bank charges Interest Paid Depreciation of tangible fixed assets Governance costs Auditors' remuneration Total resources expended Net (expenditure)/income |
2022 2021 £ £ 122,943 53,285 |
|---|---|
| 4,000 35,464 | |
| 126,943 88,749 12,303 16,748 - - 4,974 9,653 5,263 3,935 25,273 16,009 1,290 1,484 16,285 8,957 |
|
| 65,388 56,786 441 898 |
|
| 441 898 1,858 2,407 34,180 14,780 460 400 12,364 7,090 2,682 1,064 |
|
| 51,544 25,741 2,528 1,180 6,797 6,807 |
|
| 9,325 7,987 | |
| 126,625 91,412 | |
| 318(2,663) |
This page does not form part of the statutory financial statements
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