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 **PAGE 2** 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: 1. 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 3. 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 **PAGE 3** 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 **PAGE 4** 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 **PAGE 5** 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. **PAGE 6** 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. **PAGE 7** 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** **PAGE 8** 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| **PAGE 9** 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. **PAGE 10** 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 PAGE 11