GERRARDS CROSS COMMUNITY ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Ch•rity R•glstr•tion No. 300264

GERRARDS CROSS COMMUNITY ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trust••¥
Mrs. J. Lèster
Mrs. M. May
Mr. C. Nornian
Mr J Rennle
Charlty Numb•r
300264
Prlnclpal Addr•ss
The Memorlal Centre
8 East Common
Gerrards Cr015
Bucklnghamshlre
SL9 7AD
Ind•p•nd•nt Examln•r
Mrs E Baker 8k (Honj) BFP FCA
Baker Accountancy Servlces
Windmlll Farm Bu51nes$ Hub
Bowstrldge Lane
Chalfont St Glles
Bucklngham5hlre
HP8 4RG
Bank•
HSBC Bank Pk
I Corn Markèt
High Wycombe
8ucklnghamshlre
SL9 8DH

GERRARDS CROSS COMMUNITY ASSOCIATION
CONTENTS
Page
Trustees. report
Independént examlner's report
Statement of financlal actfvltles
Balance sheet
Nores ¢0 the accoun
7- 19
Appendlx
20

GERRARDS CROSS COMMUNITY ASSOCIATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The working and holding trustees present their report 8nd financial ststemenls for thg year ended 31 March
2023.
The accounts have been prepared in accordance with the accounting poliae$ sel out in note 1 to the accounts
and comply wth the Association's Deed of Trust and Revised Conslilution, the Charities A¢1 2011 and
'Accounling and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing
their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 102}. {as amended for accounting periods commencing from 1 January 2016).
Objectlves and a¢tlvitles
Aims and Objectives of the Charity
To encourage and promote the wellbeing of residents of Gerrards Cross by providing a focal point for community
activity in Gerrards Cross. A major focus is on health, education, and community events. The Memorial Centre
provides a mgeling place and facilities for physical an¢J mental training, iecreation, and social interaction. The
Charity aims to foster a ¢ommunity Spirit for the achiev8menl of these and other such purposes as may by law be
deemed lo be charitable.
To maintain and manage 85 a Wodd War 2 memorial a Community centra for the activities promoted by the
Association and its constilvent members in furtherance of the above obje¢tives. The Centre is Called the
Gerrards Cross Memorial Centre and is sometimes marketed as 'Colslon Hall".
Activities lo achieve objectives
To aehieve the Association's objectives, the Memorial Centre buildings need to bo maintained in gogd repair lo
enable large numbers of people to meet tog&ther to pursue educational, health, so¢ial, and other aclivikn.es as
well as being suitable for third paty lettings to generate income. Finan¢• lo maintain this infrastructure is raised
through membership subscriptions, grants, donations, rental of the Memorial Centre and Youth Centre rooms lo
clubs and third parties, rental of the Wodd War 1 Building as a gym and fitness cenlre, and a variety of fund
raising events. To facilitate these activities a small nUM￿r of paid staff are employed. Thè Association is further
supported by an extensive nefv￿rk of volunteers.
statement on compliance wlh Charity Commission Guidance
The Working and holding trustees have paid due regard lo guidance issued by the Charity Commission in
deciding what activities the ASs￿latIon shoulLY undertake and what policies should be implemented.
The Association's policy is to consult and discuss wth employees, through staff councils and at meetings,
matters likely lo affect employ¢es' inleresls.
Information of matters of concern lo employees is given through reports which seek to achiev& a cornmon
awareness on the part of all employ&es of the finanrAal and economic factors affe¢ting the group's performance.
Applications for employment by disabled persons are a￿vaYS fully considered, bearing in mind the aptitudes of
the applicant concerned. In the event of members of staff becoming disabletl, every effort is made lo ensure that
their employment within the Ass0¢ialion continues and that the appropriate training is arranged. 11 is the policy of
the Association that the training, career development and promotion of disabled persons should, as far as
possible, be identical lo that of other employees.

GERRARDS CROSS COMMUNITY ASSOCIATION
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2023
Flnanclal revlew performance In 2022-23
2022-23 has proven lo be a year of change. Emerging from the global pandemic it has been necessary to
improve the financial processes and controls. We welcome the appointment of a new General Manager. We are
particularly thankful to those who continued wth their subscriptions and those who have volunteered their time.
Maintenance has increased above the prior year and this has contributed to a loss of £42,533. We would like to
thank the ¢Jonors for their conlribuu'ons and the Town Council for their ￿ntInued suppgrt.
The cash balance feduced from an opening balance of £195,058 10 £66,598. The difference is explained by a
liming issue of £70,000 relating lo the repaid donation around the opening year end and the loss for this year.
The futuro for 2023-24
As we move into 2023-24, we have embarked upon a period of change. We continue lo work hard lo mlnimise
the impact of stsff changes. North Lodge has been refurbished and let to a third party. The kitchen and the bar
have been fran¢hised and we hope this will lead to increased footfall. Efforts are being made to increase revenue
and further control costs, which includes ulilitsès.
A lot of effort goes on behind the scenes promoting the cenlre, organising events, securing room rentals, dealing
with enquiries, maintaining the eslale and ensuring strong financial oversight. A big thank you to the staff team
and the various Executive Commftiee Working groups.
Operating Subsldlary
The association operates a subsidiary company called Gerrards Cross Community Services Ltd {GXCSI through
which the barlcafé facilities are run. During the year to 31 March 2023 this company made £6,506 Compared lo
£1,391 in the p￿VIouS year. This figure is not consolidated wlh those of the Ass￿latiOn. GXCS has repaid the
non-recourse"Bounce Back. Government backed loan.
Flnancial Rèserves
The trustees consider that GXCA should work towards ￿lIdIng its General financial roserves, being short term
nel liquid a5sels. to a level of £125,QOO. a ffigure eonsistent wth Charity Commission recommendations and
representing approximately 6 months expenses after allowing for mitigation opportunities. The need to maintain a
high level of liquid assets is lo provide adequate working capital. lo give flexibility lo cover any large payments, to
provide a financial cushion in the event of a major incident impacting revenues, and lo provide legally required
fvnds in the highly unlikely event of the Association dosing.
Al 31 March 2023 the net current assets figure was £88.905. This figuTe includes £37.830 which has been
¢Jesignaled for youlh-based actiwties.
Rlsk management
The trustees review on a regular basis the major risks faced by the Associolion, including operational,
reputational, legal, regulatory, and financial risks. The trustees believe that short tem net liquid assets should
never fall below £50,000. In fact, as explained above, the target level is faT higher. Further, the trustees carry
out an annual review of the key financial Systems and pr¢xeduTe8 to ensure that approprialtr financial controls
are in place.

GERRARDS CROSS COMMUNITY ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Structure. go¥•rnancè and m*n•g•m•nt
Gov•mlng Document and Constitutlon
The Association is an unincorporated bo(ly gov8med by a deed of trust and ¢onstitullon originaily dated 10
October 1946. This w8$ amended and a revised constitution was adopted on 15 June 2011.
What follow8 is commènsurate with the revised ¢onstiluU¢)n.
Day lo day running of the Association 18 delegated to an Executive Committee (the working Iru8teesl who,
10g¥ther with up lo tsvo nomlnaletJ past pre$ldenls, the officers IPre8ident, Vlce President and Tr&a8urèr} and the
holding Iru$lee$, comprise Ihe body of Iruslees as defined by the Charities Act 2011. Detail¥ of the EX￿Ul1Ve
Commltt•• Ithè workin9 trustee8} Iro Sho￿ on pag8 20 ofth680 accounts.
R•¢rultmènt and Appolntm•nt of Trust••s
Members of Ihg Execubve Committee Ilho worklng tru81o•81 are appoinlod annually and thotr appointment Is
confirmed at the Annual Gener81 Meeting. Tha holdlng IrL18tees are appointed for Ilfe. All n•w Iru8lees undtrgo
an indu¢lion proc8￿ whereby they aro in8trucltrd in thèir dutie8 and obligatton8.
Org•nl¥•tlonal Structur•
The Holtjing Trustees Sland p088e&sed ol all the monlas and hold any property convoyed lo thom 88 Trusloes
of the Associallon. The ExecLrtive Committeè (th8 working truslèesl appolnl8 the Holdlng Trustees from tlmt lo
Ilme.
Op•ratlno Companl
The As8ociation has one wholly owned operallng 8Ltb8ldlary. Gerrard8 Cross Community S•r4k#$ Llmllèd
I'GXCS"I, which operates Ihg bar and café f8cilib'es.
Funds held 18 CUStodl•n trust••
No assets are held by Ihe A880ciatlon on behalf of other organisallons.
Iru¥tee$' report was approved by the Board olTru8te•8.
Mys J. L•$t•r
Tru$t•e
G•rrard8 Crols Communlty A••oclatlon
Dat￿.
T U)13

GERRARDS CROSS COMMUNITY ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GERRARDS CROSS COMMUNITY ASSOCIATION
report to the trustees on my examlnatlon of the financlal statements of Gerrards Cross Communbty
As50clatlon (the Assoclatlon) for the year ended 31 March 2023.
R•sponsibiliti•s and basis of report
As the trustees of the Assoclatlon you are responslble for the preparatlon of the financlal statements In
accordance with the requlrements of the Charltles Act 2011 (the 201 l Act).
report In respect of my examlnatlon of the Assoclatltsn's flnanclal 5tatÈments carrled out under
sectlon 145 of the 2011 Act. In carrylng out my examinatlon I have followed all the appllcable
Dlrectlons glven by the Charlty Commlsslon under sectlon 145{5)(b) of the 2011 ACL
Ind•￿ndent •umln•r's ¥tat•m•nt
Slnce the Company's gross Income exceeded £250,000 your examlner must be a member of a body
Ilsted In 5ectlon 145 of the 2011 Act. I conflrm that l am quallfied to undertake the examlnatlon
because l am a member of the In$tltute of Chartered Accountants In England and Wales. whlch Is one
of the Ilsted bodles.
I have completed my examlnatlon. I confirm that no matters have come to my attentlon In connectlon
y￿th the examlnatlon zlvlng me cause to belleve that In any materlal respect:
a¢¢ountln8 records were not kept In respect of ¢he Assoclation as requlr¢d by sectlon 130 of the
2011 Act-or
the flnanclal statements do not accord wlth those records.. or
the flnanclal statements do not comply wlth the applicable requlrements concernlng the form
and content of accounts set out In the Charltles (Accounts and Reports) Fiegulatlons 2008 other
than any requlrement that the accounts glve a true and falr vlew whlch 1$ not a matter
consldered as part of an Independent examlnatlon.
I have no concern5 and have come across no other matters In connectlon wlth the examlnatlon to
whlch attentlon should be drawn In thls report In order to enable a proper understandlng of the
flnaDclal statements to be reached.
Emma Baker Bsc {Hons) BFP FCA
Baker Accountancy Services
Wlndmill Farm Business Hub
Bowstridge Lane
Chalfont 5t Glles
8u¢klnghamshire
HP8 4RG

STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Unrestrlcted Restrlrted
funds
funds
Total
2023
2022
Notes
Donations and grants
Charitable acrjvlties
Other trading attivltie5
Investments
Other income
98.415
259.537
74.224
1,354
98.415
259.537
74.224
1.354
144.986
218.007
57.845
59
Total Incom•
433.530
433.530
420.897
Raisins funds
158.014
158.014
125.913
Charitable aetr¥itles
318.049
318.049
275.535
Total resourcè5 expended
476.063
476.063
401.H8
Not (expenditur¢)lincomt for the yearf
Net movement In funds
(42.533)
(42.533)
19.449
Fund balances at l April 2022
498.064
498.064
478.615
Fund balances at 3 1 March 2023
455.531
455.531
498.064
The statement of financlal aC￿vItIeS Includes all gains and losses recoznlsed In the year.
All Income and expendlture derlve from continuin¥ actlvltles.

BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Nota¥
Fixed ￿*•ts
Tanglble asset5
Investments
366.624
365.511
366.626
365,513
Curr•nt ￿9•ts
Debtors
Cash at bank and In hand
54.823
66,598
43.918
195.058
121.421
238.976
Crtsdltors: amounts fallln8 du•
within one year
16
(32.516)
(106.425)
Nèt current ￿set$
88,905
132.551
Total •sJ•ts loss curr•nt Ilabllltl••
455.S31
498.064
Incom• fund¥
De518nated funds
General unrestrlcted funds
37.830
417.701
37.830
460.234
455.S31
498.064
455.531
498.064
The accounts were approved by the Trustees on .
J.3...11.-.13
Mrs. J. L¢st•r
Truste*
G•rrards Cross Communlty Assoclatlon

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting polki•s
Charity Information
Gerrards Cross Communlty Assotlatlon 1$ an unlncorpornted body governed by a deed of trust
and constltudon orlglnally dated l O October 1946. This was amended and a revlsed constltutlon
wa5 adopted on 15 June 2011.
The prlnclpal address of thÈ charlty Is. The Memorlal Centre. 8 East Common. Gerrdrds Cross.
Bucklnghamshire. SL9 7AD.
l. l A¢covntlni ¢onv•ntion
The accounts have been prepared under the hlstorlcal cost conventlon wlth the excep￿On of the
revaluatlon of fixed a55et Investments.
The flnanelal statements are prepared In sterllns. whlch Is the functlonal currency of the
Assoclatlon. Monetary amounts In these financlal statements are rounded to the nearest £.
The flnanclal statements have been prepared under the hlstorlcal cost eonventlon. modlfied to
Include the revaluatlon of freehold propertles and to Include Investment propertles and certaln
nanclal Instruments at falr value. The prlnclpal accounUng policle5 adopted are Set out below.
1.2 Golnz concérn
At the tlme of approvlng the flnanclal statèments. the trustees have a reasonable expectatbon
that the Assoclatlon has adequate resources to contlnue In operatlonal exlstence for the
foreseeable future. Thu$ the trustee5 contlnue to adopt the zoln8 concern basls of aecountlng In
preparlng the flnanclil statements.
1.3 Charltabl• funds
Unrestrlcted funds are avallable for use at the dlscretlon of the trustees In furtherante of thtlr
charltable oblectlve5.
Deslgnated funds comprlse funds whlch have been set a51de at the dIScre￿ort of the trustees for
speclfic purposes. The purposes and uses of the deslgnated funds are $et out In the notes to the
financlal statements.
Restricted funds
Restricted funds are subject to speclfic condlt4on5 by donors as to how they may be used. The
purposes and u$e5 of the restrlcted funds are set out In the note$ to the account¥.
1.4 Incom•
Income Is recognlsed In the perlod In vthich the Assotlatlon Is entltled to receipt and the amount
can be measured rellably. Income 1$ deferred only when the As$oclatlon has to fulnl condltlons
before becomlng entltled to It. or where the donor ha$ speclned that the Income Is to be
expended In a future perlod.
Donations
Donatlons are accounted for on 2 cash ba$15. Glft ald on donations are accounted for when the
donatlon ha5 been reporyed on a clalm form submitted to H.M. Fievenue and Customs.
Legacies
Legacles are Included when the Associatlon Is adw15ed by the personal representatlves of an
estate payment wlll be made or property transferred and the arnount Involved can be
quantlftred.

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting pollciès (contlnued)
Grants recelvable
Grants are accounted for either on a cash basls or an accrual basls when the recelpt of a grant
In a subsequent year Is deemed to be undoubted.
Subscripuons
Annual membership subscrlptlons are accounted for on a cash recelved basis.
1.5 Expenditur¢
Expenditure Is recognised once there Is a legal or construttive obligatlon to make a payment to
thlrd party. It Is probable that settlement wlll be required and the amount of the obligation can
be measured reliably. Expenditure Is c1355ified under the followlng actlvity headings-
Expendlture on ralsing funds
Expenditure on raisin8 funds comprise the cost of activitie5 organised by the Association for
generating funds and include the cost of commercial activitie5 such as jumble sale$ and
advertising and thelr associated support costs.
Expenditure on charirable attlvltles
Expendlture on charitable activitie5 represents costs Incurred In meetlng the Assoclatlon's
charitable objective5. namely the provlslon of a communlty centre and malntenance of a war
memorial and their associated support costs.
Other expenditure
Other expendittlre represents those items not falling into any other heading.
Allocation of support costs
Support costs are costs In respect of central admlnlstration and the costs of compliance wlth
constitutional and statutory requlrements. Support costs include stsff costs, general
adminlstration and governance costs whlch support the actlvltles of the A550ciation in
furthernnce of its charirable objectives. These costs have been 211ocated to the relevant activlty
cost category they support. The basis on which support costs have been allocated are set out In
note l O.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at C05t and subsequently measured at cost or
valuation. net of depreciatlon 2nd any impairment losse5.
Depreciation Is recognlsed so as to write off the cost or valuation of a55et5 less thelr residual
Values over thelr useful lives on the following ba5es=
Colston Hall
Other freehold properties
Office equipment
Fixtures and flttjngs
20% 5trnight line basls
l 0% straight line ba51S
The galn or loss arlslng on the dlsposal of an asset is determined as the difference between the
sale proceeds and the carrying value of the asset. and is recognlsed in net ineomel(expendlture)
for the year.

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accountlns polici•s
Derecoznltlon of flnanclol Ilabllltle$
Financial lTrabilitles are derecognised when the Assoclation's contractual obllgation$ explre or are
dl$charged or cancelled.
l. I l Employ•• b•n¢fit*
The cost of any unu$ed hollday entltlement 1$ recognlsed In the perlod In whleh the employee.
¥ervlces are recelyed.
Termlnatlon benefits are recognlsed Immedlately as an expensè when the Assoclatlon Is
demonstrably committed to termlnate the employment of an employee or to provlde
termlnatlon beneflts.
1.12R•t5r¢m•nt b*n•fits
Payments to defined Contrlbutlon retlrement benefit schemes are charged as an expense a$
they fall due.
1.13Ca*h Flow Stat•m•nt
The accounts do not Include a cash flow statement becau$e the Assoclatlon and Its group+ a5
small reportln8 entltfje$ are exempt from the requlrement to prepare such statements under
Flnanclal Reportlng Standard l. 'Cash flow Statements..
1.14Taxatlon
The A5$0¢1atlon Is not Ilable to Incorne or capltal lalns tax on Its charltable actlvltles.
Irre¢oYerable VAT 15 apport4oned agaln5t relevant expendlture ¢ate8orles.
1. 15 Group financlal •tat•m•nts
Con501idated accounts are not presented because the Assoclatlon has raken advantage of the
provislons of paragraph 24.12 of the SORP. The results of the tradlng sub$ldlary. Gerrard5 Cr055
Communlty Servlces Llmlted, are Included In a note to these accounts.
Crltlcal accountlng •stlm•t•s and lud8•m•nts
In the appllcatlon of the Assoclatlon's accounting policie5. the trustees are required ro make
judgements. estlmate$ and assumptlons about the carryln8 amount of assets and Ilabilitles that
are not readily apparent from other 50urce5. The estlmates and assoclated assumption5 are
based on h15torlcal experlence and other factors that are consldered to be relevant. Actual
results may dlffer from these e$tlmates.
The estlmates and underlylnz assumptlons are revlewed on an ongolng basls. Revl$lon$ to
accountlng e$tlmates are recognised In the perlod In whlch the estlmate Is revlsed where the
revlslon affects only that period. or In the perlod of the revlslon and future perlods where the
the revlslon affert$ both current and future perlod$.

## **GERRARDS CROSS COMMUNITY ASSOCIATION** 

## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR** _**THE YEAR ENDED 31 MARCH 2023**_ 

## **Accounting policies (continued)** 

## **1.7 Fixed asset investments** 

**Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.** 

**A subsidiary is an entity controlled by the Association. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.** 

## **1.8 Impairment of fixed assets** 

**At each reporting end date, the Association reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).** 

## **I . 9 Cash and cash equivalents** 

**Cash and cash equivalents include cash in hand, deposits held at call with banks, other short­ term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.** 

## **I . I O Financial instruments** 

**The Association has elected to apply the provisions of Section I I 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS I 02 to all of its financial instruments.** 

**Financial instruments are recognised in the Association's balance sheet when the Association becomes party to the contractual provisions of the instrument.** 

**Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.** 

## _**Basic 'financial**_ **assets** 

**Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.** 

## _**Basic 'financial liabilities**_ 

**Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.** 

**Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.** 

**Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.** 

**- 10 -** 



GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Income from donations and 8rnnts
unr•strIrt￿ Restricted
fund$
funds
Total Unrestricted Restricted
funds
funds
Total
2023
2023
2023
2022
2022
2022
Donatlons and Ofts
Grants
Membershlp fees
55.305
26,500
16.610
55.305
26.500
16.610
49.700
9.934
15.352
70.000
119.700
9,934
15.352
98,415
98.415
74.986
70.000
144.986
Donations and gifts
Summer school
The Wyke Ltd
Anonyrnou$
Gift aid
Other
6,850
20,000
20.oc
3.218
5.237
6.850
20.000
20.000
3.218
5.237
2.000
2,000
555
47.145
555
117.145
70.O¢x)
55.305
55,305
49,700
70.000
119.700
Gerrard Cros5 Town
Council
Buckingham$
Rectory Fund
Other
Coronaviru5 job
retention $cheme
25.000
25.000
1.500
i.soo
6,195
6.195
3.739
3.739
26.500
26.500
9.934
9.934
No restrlcted dOna￿On$ were reeeived in the year.
Restrlcted grants received In the prior year. were restricted to renoyating the Co15ton Hall and
garden rooms toilets.

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Incom• from charitable activltl•s
MI￿•￿•M*￿t
Other
charitabl¢
In¢om•
Tofal
2023
Total
2022
Ineom•
Management fee5
Rental and anclllary Income
Photocopylng and vendlnz
5.040
5,040
212.945
22
254.384
254.384
5.040
254.384
259.537
218.007
2023
2022
M*na8•m•nt f••s:
GXCS Ltd
S.040
5.040
5.040
S,040
Incom• from oth•r tradln8 activit1•*
2023
2022
Jumble saFe
Firework dlsplay
Book sales
Annual events
One-off events
33.362
19,048
196
15,936
5.682
31,906
15.173
67
6.809
3.890
Income from other tradlng aetwities
74,224
57.845

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
In¢om• from Inv•stm•nts
Unr•strict•d Unrestric¢ed
fund*
nds
2023
2022
Interest recelvable
1.354
59
Exp•ndltur• on rAl*lnz fund•
2023
2022
Staff costs
7,784
6,405
Fundralslng and publlclty
7.784
6.405
Jumble sale
Flrework dlsplay
Other Èvents
New51etter expense5
Advertlslng and publltlty
Staff costs
6,622
7.986
29.527
4.847
5.688
17.418
2,437
2,645
86.473
1.016
105.079
Other tradlng costs
150.230
119,508
158.014
125.913
Oth•r incom•
2023
2022
Other Income

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Expenditure on charitable activities
Staff costs Property Other General
maintenance pr•mlse*
admin
Total Total
2023
2022
rental
Staff costs
Property Maintenance
Lighting and heating
Watrr rates
Insurance
Catering and other anclllary costs of rental
Bad debts
78.767
78.767 64.563
118.170 49.987
31,687 17.156
4.573 3.003
9.702 8.721
118.170
31.687
4.573
9.702
78.767
118.170
45.962
242.899 143.430
Share of support costs (see note 10)
Share of governance costs (see no￿ 10)
52.500
18,758
52.500 35.241
22.650 26.864
3.892
82,659
118.170
45.962
71.258
318.049 205.535
Analysis by fund
Unrestricted funds
Resrricted funds
82.659
118.170
45.962
71.258
318.049
82.659
118.170
45,962
71,258
318.049
For thè year ended 3 1 March 2022
Unrestricted frjnds
Re$tricted fund5
67.766
49.987
70.IXJO
58,902
205,535
70,000
67.766
119.987
28.880
58.902
275.535
14

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
l O Support & costs
SupportGov•rnanc•
costs
Costs
2023
2022 Basis of
alloatlon
Staff costs
Depreelatlon
Postage and telephone
Prlntlng and statlonery
l.T. expendlture
Photocopylng and vendlnz
8ank charges
Other repalrs and
Sundry and prov151ons
Unrecoverable VAT
Uad Debt
L•pl and profe$slonal
3.892
3,892
1.310
3.203 Allocated on time
1,813 Support
1.464 Support
2,912 Support
5,335 Support
4,447 Support
964 Support
547 Support
2.381 Support
15,378 Suppor¢
Support
23.661 Governance
1.310
2.732
6,569
4.802
2.732
6.569
4.802
1.717
2.472
25.698
5,300
1.717
2.472
25.698
5.300
18.758
18,758
52.500
22.650
75.150
62.105
2022 Analysed between
Charltable activities
35.241
26.864
62,105
62,105
Governance costs Includes an amount of £1.300 (2022.. £1.200) for an Independent Examlnatlon
fee.
I l Trurt•••
No amounts were paid to trusteès (or any perjon connected to them) for remuneration durlng
the year {2022: £nll)

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
12 Employ¢es
Number of employa¢s
The average monthly number of employees durlng the year
2023
NumI￿r
2022
Numb•r
Direct charitable attlvkles
Management and admlnlstr•tlon
Employm•nt cost•
2023
2022
Wages and salarles
Soclal securlty Costs
Other pension costs
178.914
11.933
3,744
152.760
3,528
3.847
194.591
160.135
Theré wére no employees whose annual remuntratlon was £60,000 or more.
Coronavlrus Sob retentlon Scheme grants of £NII (2022.. £3.7391 were clalmed for In the year.
l J Tangibl• fix•d ￿9•ts
C•l¥t•n Hall
Oth•r
Offl¢• Flxtur•• •nd
fr••h(•ld •qulpm•n¢
flttln
TotAI
Colt
At l April 2022
Additions in year
330,423
91,055
6,004
1.753
13,312
670
HO,794
2,423
Ar 31 March 2023
330.423
91,055
7.757
13.982
H3.217
D•pr•clatlon *nd Impairment
At l April 2022
Depreclatlon charged In the year
59.781
6.004
136
9.498
1.174
75.283
1,3 10
At 31 March 2023
59.781
6.140
10.672
76.593
Carrying amount
At 31 March 2023
330.423
31,274
1.617
3,310
366.624
At 31 March 2022
330.423
31.274
3,814
365.511
All a5set5 are used for charltable purposes.

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
14 Fixed asset investments
Other
invtsrtmtnts
Cost or valuation
At l April 2022 & 31 March 2023
Carrying amount
At 31 March 2023
At 31 March 2022
Other investments eompri5e:
2023
2022
Notss
Investments In 5ubsldlaries
20
15 Dèbtors
2023
2022
Amounts fallin8 due wlthin on•
Trade debtors
Amounts owed by subsldlary undertakings
Other
Prepayments and accrued Income
1.251
11.576
20.000
21.996
22.773
5.301
2.927
12.917
54.823
43,918
Gerrard$ Cros5 Community Services Limlfytj
An amount of £1 1,576 <2022= £5,301 due by the assoclatlon) 15 due by Gerrards Cross
Communlty Services Ltd to Gerrard$ Cross Community Assoclauon as at the year end.
17

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
16 Crediton: amounts fallln8 du• within on•
2023
2022
Trade credltors
Other taxatlon and soclal securlty
Other creditors
Accruals and deferred Income
5.574
8.086
6.824
12.032
5.310
2.892
78.37S
19.848
32.516
106.425
17 D•slgnat•d fund•
The Income fund5 of the charlty Include the followlng deslgnated funds vthlth have been set
a51de out of unre5trlcted fund5 by the trustees for $peclfic purp05es-
B*l*nc• at
l Aprll 2021
Trnn#f•r$ 8*l•nc• •t
l Aprll 2012
Transf•rs
B4l•nc• at
J l Mvch 2023
Youth relates actlvltles
37.830
37.830
37.830
37.830
37.830
37.830
Durlng the year. a donatlon of £NII (2022= 137.830) VAS made by the Gerrards Cr015 Under 20's
club. The £37.830 donatlon 15 Intended for youth based aetlvltles.
18 Flnanclal commltm•nts> 8uarnnt••s and £ontln8•nt Il•bllltl••
As at the reportlng end date the charlty had outstan¢Jlng commltments for future mlnlmum
payments under non-cancellable $ubscrlpUon agreements of £1,938 (2022: £4.263).

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
19 R•l*ted party trans*rtions
R•mun•rat•on of key manasement pgrsonn•l
The remuneratlon of key management personnel 15 as foll0v￿.
2023
2022
Ag8re8ate compensatlon
46.894
54,505
20 su￿Id4*r1•I
These finan¢lal statements are separate Assoclatlon flnanclal statements for the year •nded 3 1
Marth 2023.
Detalls of the Assoclatlon's subsldlarle5 at 31 Marth 2023 are as follows:
Nam• of urbd•rtaklng R•8lst•r•d
offlc•
Natur• of busln•s*
Cl•ss of
•har•%
% H•ld
Dlr•tt Indlr•ct
Gerrards Cross
Communlty S•rvlc
L¢d
Ert￿and
Provlslon of bar and cafe
servlces
Ordlnary
i 00.00
The aggregate capltal and reserve¥ and the result for the year of subsldiarles ex¢luded from
consolldatlon was as follows=
Nam• of und•rtaklng
ProllLI(Lw•) Capltal and
R•J•rv•s
Gerrard5 Cross
Communlty Serylces Ltd
6.506
14,3001
19

GERRARDS CROSS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
President:
Mrs. P Clinch
Vice President:
Vacant
Honorary Treasurer:
Mr. D. Purcell Iresigned 31"lanuary 20231
Honorary Treasurer (acting): Mr. G. Hatrick
utive Comm•
Officers:
Mrs. P. Clinch
Mr. A. Aston
Elerted Members:
Mrs. S. Hatrick
Mr. M. Lawson
Miss. J. Lewis
Mr. J. Palmiero
Mr. S. Angrish
Ireslgned 31" Marth 20231
(appointed 3rd Janw 20231
20-