GERRARDS CROSS COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charity Re¥lrtp*tlon 300264 GERRARDS CROSS COMMUNITY ASSOCIATION LEGALAND ADMINisfRATIVE INFQRMATION Mrs. J. Lester Mrs. M. M*y Mr. C. Norm*n Mr J. Rennl4 Charlty numb Prln¢lpAI *dqtr•55 8 E•%¢ C¢mmc*n G•rrarth Cros$ SL9 7AD Ind•pendent •xamlTrv J M Rulsell FCA Just Audlt & A￿SUr￿¢• E*r Common Gtrrards Cro Uckin4hw)￿drn SL9 7AD Banke HSBC Pk I Corn Markot Hl£h Vfy¢ombe HPB 4RG GERRARDS CROSS COMMUNITY ASSOCIATION EXEcunvE COMMrrrEE Mt% P. C￿A(h (re5ryned 2023) Mr. A. Arton (¥l¢rted s￿j￿Y2023> Vlc• PMkhnt HonorAry Tpwtsr•r Mr. E. G. Hlltrlck (•l•ct•d 5th July 2023) Ek¢t•d MÈmbEr¥ Mn. S. H*trl¢k Mr. M. Law￿￿ Mr. J. Pthil•ro Mr. S. kn8rish ckntlon Is lurther supported by è%t¢nsl¥• n•twork ol volunte¢r¥. StatEment on ¢omplllln￿ wlth Charty Commlsslon Guldanc• Th* worklng and h¢lthnx %ru$te*$ hava pald du* regard to guldanee issued by the Chriry Commhslon In d¢cldlng what aetivitles the A¥4ocl*tk¥n thoukf undwuk• vA*t pollcles and pro¢edure¥ should be ImplEmvrtgd. Th• Assoclatlon's pollcy ts tts consult and dlscuss wlth wftpk•￿& thrva£h Ar411 cound15 and 4t m••ttnZS* mattèn Ilkely to wffert employees. InterEsts. 1n1omi*￿•￿ •f matt*rs of c•ncèrTh to eMpltsyeÈs 1$ 8lv*n throuzh reports which seek to ath*v¢ C4xnmon *warnness on the part of all ernployw of the finatr)tlal and gconornl£ fv¢rors *ffgetkn£ the grr>up'5 p•rfornwThu. Applicatlons for ¢nyloymert ty dlsabled person* llr¢ fully eonsldered. bearing In mind thE ruTd*s of the appllcant ¢an¢erned. In th¢ #vent of mÈmb•rs of xtaff becoming dlsabhd. ￿ery effort Ss made to ensure thi thÈlr employment wlthln the Assocl¥ti•n ¢•ntInl￿s Jnd that the appropri*t• trtlnlnK Is •rranged. Ir 55 th8 pollcx of th• Ass9rkuon th•t the trnIn1￿ ar••r d•v•lopmeTht *nd prgmotlc>n of ths•bl•d p•r8ons should rake plate. as far as p0551bl*. GERRARDS CROSS COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2014 Achi*vemert$ 4Vbd perfornwK• In 202J.24 We present zhese results. *whSch show a ¥mall los& in the year of £3,897. We are prticul•rty thankful to those who continued vrtth th*lr Sl￿*￿1ptk•fi1 durlng thL8 porlod *nd to those who Made dtsMtion¥ to the A559C•tion and addorlona1￿ the grnnt from th• Tov4n co￿￿11 t• $upport its trknle Iv7 our comTr¥JThlty. Thé long t)eedeiJ mainterbanc* *xcwd•d the prlor y•aT and thts was onty miti¥at•d by h￿tsr donattons and rentsl inrome. Wt are ako zrntefvl for 411 th• work don&ted by our volunteers wFtho whkh. our a$wcl•tion eotsld not survive. Glvefb thest •XC*Ptioni*x tlm*5. tt 15 a cre(4¢ to ill that w* *ble ¢0 report our ba1￿C£S *¢ £116,544 on 31 March 2024 cornpar•d to £66.598 *t 3 1 M•rth 2023. Opwatlnz 54thldl The asx*clatk)n op•rntes * subsldlary Corybany caled Gerrnrth Cr058 Communlry S•p•k¢s (GXCS) through which thè hrlt*fé fiLcllld•s are r￿. Durfn¥ th¢ year endtd 3 1 March 2024. thls compAThy m•d* £1703 wmpared to £6.506 In th* pr•vltsus y•ar. Rexrves Tho trusteeÈ tonsldtr thx GXC4 should Wo￿ tow*rdx bulldlng its G*n*rel finan￿al rexrve4 ￿1￿8 short t¢rm net ￿Uld ws•ts, to ? Itvel of £125.(ILKb. Th• need to malntakn a hLqh l¢vg1 of Ilquld as¥•ts to provkl• adequate worklhx ¢¥plr41. to 8lvt llexlb￿ty tts eovèr *hy ￿Y￿￿tr. to prtyvlde a finan¢1￿ ¢4Jihltsn ITh th¢ ¢vent of • major Inekltht impacting revenues, and to provbd• I•Kally règvlred funds In the h181* unllk•ty event ¢1 the Assoclatlon closln On 31 Marth 2024 th• GÈh*rnl rns*rv• tl8ur• vrds ll6￿36 #nd th• prlor year w•$ <88.905. The trLtste8s r•￿•W •n • rO￿knr basls the mthlor r6sks fa¢•d by the A$Soela￿0rt, Ine5udknz operntlon*L r*wtatltsnaL ltrgalF regularlty. *nd Ilwwiclal rtsks. The tryst••s b•llove tha¢ short term Ilqukl •ts•t¥ should never fall below £SIXOOO. In farf As •xplthttd abov•. th• tsryat level Is far hlzher. Fvrth¢r. th• trust•èB ¢•rry ovt •n re￿￿￿ of the key finan¢l81 systems and Prac￿￿re$ to ensure thAt *pprcprtat• Ilnanclal conTrok ar8 In plarn. Govèrning Document and ConstStLrtlfan Th¢ Assoc1a￿tsn k% &n unincorpoTrt•d g•v•rned by a deed of trust and constitutlon ¢Wnally d&ted 10 (kts￿￿r 1946. This was amended and • reNts•d ¢on¥¢ltutlon ¥dopted on 15 June 2011. Day to d*y runnlDg of the Axxociati<)n 1$ del¢8ated tts Executh CommlrL•¢ (the workln¥ whg, tog¢thèr wlth up to two nc*mlnac•d ￿$¢ pr•sld¢nts. th* offic•rs {Prnsld*nL Vl¢¢ President Treuurer) #Ad the holdlni trvststs, co¥Yprise the boty of trustsu as d•lln•d by th• Charftie5 A¢t 2011. Det*llJ of the ExecLr¢tv• Commle%•• (th• tn4t8•5> •rn ¥h¢)wn it th¢ b•glnnlr¢ of thes• a¢c•unrk On 22nd M&y 2024 th¢ C•mmlss+•n •ppr¢w¢d ¢he estsbli5hment of ¥J new Charltabl• Incorp&rnted Oryanls*tion (CIO). We are curren* w•klng rngiitrations for VAT. PAYE ond GFft Ald prl¢r to transf•rfng *5$ets and Il•bllltl*s tty the new CIO. RÈcvultm•nt and Appolntmort of Trurte•* M¢mbers a tho Ex•LWtlv* CommFttee (the worklnz tnrstee¥) are wppointed annually. and th•lr appolntmtnt is confirmad 4t thè Annual Gen*rnl M•etln& The h•ldknA rrustees •re applnt•d for Mfe. All nww trurt¥•s underyo ￿ Indu¢tl•n pro¢èss vknereby thoy are InJtru¢ted In thelr dutlei *nd obllg•tlons. GERRARDS CROSS COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Or¥4nls*lonal StnKture The Hokwnz Tr￿xee$ 5¢and possessed of *ll thg monl•s and hold pr•perty eon¥ryed to them Trurttttrs ofthe A8soclatlon. The Ex•eutlYe Commltte• (the worklng trusteès) appoknu th• Hojdlnll Trurt••s Opernting Corrwnl The A￿O¢latIon ha5 one wholly owned ¢perntOng sub$ld*. Gerrards Cross Communlty Service LlmSted C'GXCS.). which did oper•t• th• Ixr and café f4¢lllrkn. hOw•￿r thè and Afa h*Y• been now b••rt franEh15ed FundB held ￿ ¢us¢•dlw trqirte• No asset¥ •re held by the A8sodatltsn b•h•lf ol other OrzHnI$4￿Qn5. Trustee Ge￿rdS Cross Communlty Ass4xl#tlon Da￿d. GERRARDS CROSS COMMUNITY ASSOCIATION INDEPENDENT EXAMINER¥ REPORT TO THE TRusfEES OF GERRARDS CROSS COMMUNrrY ASSOCIATION I rq¥ort to th• tru¥tw OTh my *omln*tlon tsf th• Ilrnncf41 K4t•m•nf• of Gerrnnts Cr￿* ComnwrWA¥••d•¢i•n (the A•¥od411•n) f•r th* y•ar ended 31 Mweh 2024. th• tr￿tr•S of th• All￿1￿11￿￿ you •re r¢sponslble for th• PrYr*￿ of the knclMI stst•m•nrs In a£cryd•￿• wlth th• regulr•m•nt¥ pf th• Ch4rltkn Art 2011 (th• 2011 kn). lon 145 of th• ZOI l ACL kn ¢arryhz +Xrt my examln•tlon I hw* follow•d an th• w11￿￿1• Dlr•ctt•ni sh•n by th• Charlty Comml%ilDn unrf•r s•Ctlon 145(5)ib) of th• 2011 A th•2011 Ac¢or th• I￿￿￿￿1 sJt•m•nt• do nrf wmply wlth th• *ppll¢*bl¢ vaqulr•m•rrts ¢on¢ernlng th• )08 oth•r than any rwulr•M￿t th*¢ the •c¢ounts £lv• • tpu• f•Jr vS•w vthlrh not mitt•r ¢onsld•rnd u part of an Indwdent examln4tJ¢•n. to v•tth *tt•ndon ¥hovkl b• drnwn In thkn r•pgrt In •rd•r to •nabl• a prap•r un4kn1￿dIl¥ of M RyM•ll FCA JurtAudlt th A*Wr￿ 5L9 7AD GERRARDS CROSS COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 IMARCH 2024 fiJnd* 2024 2023 Don*￿tt￿8 •nd gr•n¢s 138,669 280.168 76.063 Z580 13&669 280.168 76.063 415 259337 74.224 1.354 Other tp*dkng •ctt¥ltbes Invesima T•tAI Inromt 499h80 499. 433.530 Ralslns furbds 125M90 125O90 15&014 Charlt*bl2 ￿t￿lItIeS 377.487 371.487 31&049 503.377 503.377 476.063 N•t {•xp•ndltur•)Ilnc¢bnw for th• y•arf N•t mov•m•Tht In filnds (3J97) (3fftY) (41533) Fund bal￿re5 at l AprFI 2023 455.531 455.531 49&064 Fund bAl*nce¥ at J l March 2024 451,634 45 1.634 455531 The stxthmtnt of financial Activities irtludes al pkns and Ifwe¥ recozniwl In rhe ye*r. Al tncom• and expendlture d•rl¥e from ¢onrlYbukn8 aCtlvFtl•s. GERRARDS CROSS COMMUNITY ASSOCIATION BALANCE SHEEr ASA T31 IVIARCH 2024 2024 2023 Flxed assets Tawble assets lrtvesTmenr5 374,796 364624 14 374.798 366.626 Currnnt w¥•ts D•brws C45h ¥Jt ￿nk ar￿ In h*nd 21307 16.S44 S4￿23 66.598 lJ8051 121.421 Cr•dltt•rw wnouDr4 fAllln8 du• wlthjn one ysar 16 (62.015) (32516) current wets 76M36 90S Tot•1 ￿$t*S les* eurrtht Ilabllltles 451*34 455.531 Imttyme fvnds D•ilsThat*d lund¥ Genornl threstrlcted fimd 37330 417.7Ql 451.634 451.634 455531 451.634 45553 1 The acCOw￿ were appraved by tha TA￿tee& on .. Truit*e G¢rrnvd• cra￿ CoMMunlty AssKl*t14) GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ar¢0￿8 pollcl Ch•rtty Infomthtlon Gerrnrds Crvss Communiry A￿edatIon Is aTh unlht¢wpornted bo¢ty zoYern¢d by 4 deed of trust and £onstTtutign ori¥inwLIty dated 10 O¢t•b•r 194& wa$ AmwKled and a r•vS4ad c•nsdtudan wks adopted on 15 Junè 2011. Vrfh•tfolkbw5 comm•nsur4re YAth the r•vls•d ronstlwdon. Thè prlnelpal addre￿ ofthe ¢hTrity The mem•r1￿ Centr4 8 E•stCommon. GErr*rth cro￿ Buckln8hamshlr4 SL9 7AD. 1.1 Acctsuntlnz ¢onvwrtlon Th• ¥c¢ounts ha￿ be¢n pr8p4red under th• hlst•rlc*l Cost convention wlth the vAt•ptlorb ofthe rtval￿d•n offcr th• for•s￿blE future. Thus the trustw contlnue to •dopt the soln8 conc*rn bttsis of prep4dne the flmnehl stat¢m•nt& 1.3 Chw4t*bk fi•nd* Unrestricted ￿fid* ttrÈ avaifabl• f¢r LM* *t th• dtstrètl￿ •f the trust￿& In fUrt￿ranCe of thalr d￿r￿*bIt oblertlves. Dwlgn•¢ed funth compr15e funds whlch have b•on set *slde at the dl%ctYtJon of the trnstees for #pecifie purp05t5. ThÈ Pur￿¥•¥ *nd us•% of the d•s*n4tsd fvnd$ are s•t ou¢ In th• n•t•¥ tp th• Ilnttnclal Statements. Re¥trl¢t•d funds Restrictsd thr• Sub￿¢¢ to sp¢dfle condltlons by donors *$ ro how th•y m*y be u$od. Tho purposks and uses of th• r•strkt¢d funds arn Set out In the not*3 to the account 1.4 InMm• Income recognls•d In the perlod In whlch the Assoclatlon Is entitled to recelpt and the arnouht be rnasured rekabty. Income Is d•f•rr•d onty when th¢ Assoelatfjon has to fulnl condltlons bèfore becomlng entitled ¢0 IE gr y￿￿re the donor SPEelfied that th• Incomè ts to be expended In • fvtur* p•rlod. Donitions Donatlorni *rn account￿ for on a euh bash. Grft aid on drM*tlon$ art ￿cOUnted for when th• don&don hts$ be¢n r•porttd on * ¢Wm form %ubmltted to H.M. Rtv•nu• and Custom& Leg*tles L•8acl•s ar• InchJd•d when the Aswciation Is *dvls•d by th* p•r￿n￿l r•pres•ntatJw e¥r•t• payrmnt VAII b• m•d* or property transferred and tho Invofv•d can b• GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEME1￿ (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢oUntl￿ polkl•* Grants rttéi*&b Grnnts Are accounted f¢r •ther on basls or ￿ arcrual b&sTS Y#hen the raeelpt of a ZT*nt In a subs•qu•nt y••r ts deemed to b• undoubt•d. Sthrlptk*ns Annual m•rf*¢r¥htp $ubscrlptk>n* *r* lor on * £45h recelved bllsi 1.5 EypÈndlture Exp¢ndhurt is reeo£nlsed Once thÈrn Is * legal or eoftstructfve <•blDtkn to m•ke a p•yrnurt to thlrd party. probable that settlpment wlll be rèqulred and the am¢>unt ofth• Obl￿tIOn can bo m04sur•d rellabty. E¥pgndl¢urn l¥ ¢l•xll•d under the following #¢ti¥ryty he*(knp: E¥p•ndlvJr8 on r*tsln8fufbds Expenditure on rni¥51ng fvnds cornprls• th• cost of Ktlvld•• or8wnl¥¢d by thè As*o¢l4tl•n f•r genern￿￿$ fvnds and Include the cost of commertitil •edvltle¥ suth lumble ¥￿e￿ and •dv•rtlslng and th•lr 4uo¢ht•d support costs. Expendl¢Wt OA chrsrAblè *etJfftleJ Expendi¢uf¢ C*n c￿rItable ictfvitl•s r*prns¢nts costs incurrtd In mÈetin¥ the Assoei*tlon th4ritsbJe 0￿￿et￿¥t& nAmety tht proylilorb tsf a communSty cenrr• and m•lnt•n*nte wAr memorlèl and their *&soelated ¥upport coxts. Othw èxp¢ndiwr• Other expendlrurn repr•sents thoM Itèms not f*llln¥ Into any •ther Alloutlon ofsuppOrr￿XS Support costs #r¢ costs In respart of tentral atfmlnlstr#I￿ and th• £•sts of comp￿nCe vAth c¢nstlttrtlo￿l stytutory requlrements. Support costs Includ* ¥taff 8•n•r¥l *dm1n15trn￿0n gc>Y*rnanCe costs whleh support th• •thlttes ¢)f the As*o¢la¢k•n ln further￿Ce c￿￿￿table obJ¢ctlves. Th*s• tests h•ve been 8No¢*¢od to th• r•hNwbt ¥¢￿v*Y (¥3t c*tepry th¢y ¥upporL Th• bwl¥ on whkh support costs hove b•en *llocat•d •v• t•t out natE IQ. IA Tan￿ble Ilx•d amets Tanglble fixed ttisets *r• InIt￿Tr m¢asur*d *t cost and sth%w4uently measur4d at cort valuatlon. net efdeprÈtiation and any IM￿￿rni¢￿t Igsw. Deprttlatlon Is rec%wised Jo as to wt4te off the fost gr wlyatloth of •¥Mts th•lr rtrldual v*lu*s ¢v•r th•lr us4ul Ilv¢s on th• folk)w5n8 bu•s.' Colston H41 Offt¢• aquSpm•nt 20% stTrl8ht Iln• l 0% rtral8ht Iln• b•sls The Zaln or loss arlslns on the dlsposal of an asset Is determlned 85 the dhYerenEe betr+een the sale pr•¢•*ds th• carrylng vahje of the Ind l¥ recozni5ed in het Ineomel(expendityr•) lor th• ye#r. GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ar¢otsntin8 polities l.Y Flxed au•t Invortments Flxed asset Investments are lfvtthlty mÈasured at tr*n%*ctk>n prlce •xeludln£ tra￿￿CtION tost& and *r• subs•qu•ntly m•asur•d at tslr va14K At e#¢h r*portSng Ch*nx¢s In falr r•co8Trl%•d In n*t IncoM•l(Èxp￿d1￿rt) for the y•ar. Tran¥a¢tlon costsqre expensed as Incurred. A subsldSary l¥ an entlty controlled by tht A8$oclatlon. Control ts the power to govern the fin?nchl *nd operntlng pollele5 of the entlty so u to obtsln benefirs Irty￿ Irts *ctlvld•5. 1.8 Impalrni•nt orfsJx•d w•ts At ¢ach r•portln¥ •nd dat*. the A8sod*tlon rwlevls the c•rrylThg *mount¥ of Its tanglble usots to det•rnilne wthether there is #ny indit*tlon that th￿* have Suffered iryalrment k•SS. If any such Indlc*tlon 4x15¢5. the r￿0ver￿ble amount of th• ¥￿et 1> e5tkn*¢ed In ordtr ¢9 dlternilne the extrnt of th• Wlrn••nt 1055 (if •ny). Cash and ush •¢wfvaJènts Include ush In h*hd, dÈpo#lr* held *t c*ll wlth ¢)th*r thort- twm Ilquld Inv•stm•nts wlth orl¥knBI maturltles of three monthl or les& and bank overdr*fts. Bank o¥erdr•fts Ar• shown borrowlnz¥ In ¢urr•n¢ l•Abiliti•s. I. I OFlnanel*l IybStr4iihtnts Th¢ Assodatlon h4$ ¢l•ct•d w •pply th• provl¥loN of 5•ctlM I I 'B4¥k Flnanclal In#trum•nts' and S•ctlgn 12 'oth￿ Rnarthl InstNmÈnts Issuex. ol FRS 102 tc all of its finahdal Instrumertts. Fln4n¢l41 lJwument¥ art rncognrs￿ In th• Asseckntlon's ￿an£• %h••t wh•n th• Assoclatl¢)n beeomes party to the tonvacwAI prt)vlst¢N of th• Instrum¢nL ndul •ss¢ts *nd Ilthllltles are offseL with the net •mounts pres￿1•d In the ljrbanclal *tat•m*nts. when there 15 4 ltzally errforceablo r4ht to Set off the recoznised amounts and there ￿ an Irbtontlon t• on a net b#¥l$ tx to r•4115• th• and i•td• the Ilablllty slrnvlune0u￿y. Ba%lc fln•nclal ass•ts. whkh Includt debtory and ¢*sh *thd ￿￿k bnlanc•s. Ar• lttltl*lty meuure(I •t tyansxtlon prlee kne￿dIr￿ tTrnsartlon costs and are subseqLWltly rxrrled 4t amortlmd cort uxlng the effectlvè irrterest method unless th• arran4•m8nt c0nstityJt￿ a flnanclng trnnxtsctlon. Ydhere the tran5actlon 1$ me£sured *t the prestnt value of th• future recpipts discounted at mark•t rnte of Int•rwL Hmnclal assets rla5slfied os recefv*b￿ wlthln oxe year ¥r¢ not amortFsed. Ba3lc ffinDnclal Il•bllltle& includlng eredltors and bank lottns are Inltlttlly recozni¥ed at trAnso￿Tr prlce unles¥ the #rran¥èment constitut•* * nhxncin¥ traI￿rtIo￿ vkner• the d¢lx in>trument ts mèttsured at the prtsent value of thg firture pyments dl*counted at • m•rket rnte of Int¥est Rnanelal Uablk￿e% cl¥M5flgd as payabl• vAthln on• >wr ar• no¢ arnortbod. Deb¢ InitrumeThts ar• %ubs•quertly cllrrS•d at amDrtlsed cos¢ uslng the effectlve Inwwt rx• Trade creditorn •re ¢tsl1zxtio￿ to ptty for podi or s•r¥itw h*Ye be•n wulre41 in the ordlnary C*xrs0 of opvatlons from suppltérs. Arnount& pxyabl• #re dassllled as currgrrt Ilubllths tf paymont 15 du• wkhln one year or Iw. 11 noL they are presented u non seThk•s *r• rttelY¢d. Termlnatlon b￿OfF￿ reco￿1$e￿ IMrnedl*tÈFy as #n wJens¢ whtrn the A•socSètlon 1$ demonirrnbty commftt•d to termlnot¢ the èmployment of an employee or to provlde 1.12kn¢lr•m¢nt b•n•fits ymènts to d•fined contrlbutlon retlrem•nt b•n*fft sth¢m¢$ •r• ¢haryed •s an ￿pe￿e 1.1 JCa*h Fltsv St*t•mÉnt Tht acttyjyts do h*X Include • lknw ¥tyternent becRu5e th¢ A550cllltloft ttnd Its groupp small report1￿ entltle5 are exempt from the requtrement to Pre￿re ¥u¢h st•¢ernents under RftAnclal R•portFng Sr4nd8rd l. 'Ca5h llow STht¢mènts'. 1.14TNxAtho The A55ociation 1% not Ilable to I￿orn• or c4ptsl on It% ch*rltsbh actlvltl•E. Jrrec•ver4ble VAT Is •pportioned *¥ainst r•l•v*nt •xp•ndlture categorlos. 1.1 SGroup finaD¢lal s¢xt•mw•ts Consofthted accounts are ntst pres•nted becau￿ the Ass•¢l*tbon t4dv#nrw of the provlslons of ￿rezraPh 24.12 of th* SORP. The of the tr4dlnz $ub$ld*ry. G•rrards Cross Communlty Ser4lces Llmited. •rt in¢￿a￿ In a not* to th•s* accounts. Crltlcal ￿COurt1￿S e¥timntos •nd lud8ern￿ In th• appllcatlon of the A5SQCintion'i *tcounflr•g polkles. the trustees are requlr•d ￿ mak• ILtdgements. es￿[rAt￿ 4rKI assUrnPtlons about th• carrylng amount of a55•ts ané habIlwti￿ that are not readlty appar•nt from <)ther sourc￿. ThE •stlmates and assockntqd A55UmPtlon¥ dr• based on histDr*al experlence and tsth•r f4cror¥ that are consldered to be relev7nL Act￿¥ results may dlffer from thÈsè es￿rna￿ estm•t•s *ttd undertylng aBsumptlotss r*vlow•d •n On onx•lnz b•skn. R•vl¥l¢>ns t¢ accountlng e¥tlmates art reeo8nls*d In the p•rkxl kn whFth th• •srlmat• Is r•vls•d wh•re th• revtsl•n aff•¢ts •nly that ￿rIg& or In th• ptrk*d of thè reviiion and future perl•d¥ vih•r• th the révljlon affeets both current *nd fu￿re peritids. io GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (coKnNUED) FOR THE YEAR ENDED 31 MARCH 2024 IDconi¢ from don*thins And grathts funds fvnd• funds fund$ 2024 2024 202 2(ll3 2023 D#n*ti•rbS and glft¥ Grants M•mb•r8hlp fees 102,199 25,000 11.470 102.199 25.000 1.470 SS.305 26.5￿1 16.610 55,305 woo 14610 13&669 134669 94415 91.415 Donatlons ¥ifts Summer school Th• Vrfyk• Ltd Anonymous Glft •*J 111118 I IM18 20.000 20.000 3218 5.237 20,OCKI 20.fXK) 3.218 5237 79.735 79.735 IOX199 102.199 55.305 55.305 Co￿¢51 Butkln%hams Arectory Grant Other 25.000 1.500 i.soo 25.000 26.500 26 GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 JMARCH 2024 Inttsrne from ¢hArltable actlvltl•s Totsl ehArltoble 5.04Q 280.026 254.384 142 Rèntal and anc111￿ Inu>h)e Photocopylng and ¥•ndkn8 280,026 142 28Q026 142 280.168 259.537 2024 2023 Management fees GXCS Ltd &040 5.040 I￿oMe from oth•rtr•dln£ •rti¥ltl•¥ 2024 2023 Jwnbk *le Flr•work dK*pky ook sal•s Annual 36.063 16.183 S3 19.532 4.232 33.362 19 196 15.936 S.6¥2 Ine•m• fr•m oth•r tr￿0￿￿ K¢Md•s 76.063 74.224 12 GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Iheorne from 1ttvèstm￿tt ds 2024 2023 Iht•rètt rtcÈl¥xblè 1580 lJ54 Exp•ndliyr• •n r•l•lnz fimds 2024 2023 6.719 7.784 Fk•Ndr*k*y And publicr¢y 719 7.784 JurnblE sale Flr¢work dlspkny 5.775 5.359 14913 422 90.702 &622 7.986 29.527 IX116 105.079 A¢fvertl$lng ind P￿0t1￿ Oth•r tradlne Costs 19.171 150230 125.890 15&014 Other inrom• 2024 20ZI Othv in¢oTh-IDJurnnc• cknlrh prn¢*•ds 13 GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Support ¢o¥ts SupportGovern*nee 2024 2023 of *lloc•tlon Stsff tosts D¢prtci*tlorJ P05ty and t•l*hon• Prlntjng and statlonory l.T, expw￿lt￿r¢ Photo¢opylnzand v4ndlns 3.359 3.359 1.810 3.092 Altor4t•d on tlrr 1.310 &&ppor¢ &apporE Z732 Support 6.569 Supyrt 4.802 Support 1.900 S￿POrt 1.717 Swpport 1472 Support 25.698 ￿Pport 5.300 Support 1&758 Gov•rrwK* IAIO 876 &022 5.852 876 022 5.852 Other rwlrs And Sundry UnrKc*v•r*bl• VAT B*d Debt Le8al •nd prof•ulonal 264 7,6n 24.781 150) 7.6n 24.781 (2.150) 2&922 2&922 46.187 3Z281 7&150 2023 Analysed betW￿n Chritable acdvltl¢¥ sisoo 21650 75.159 Governance includes an *mDUDt of Cl,200 (2023: £450) for v4n Ind•p•ndert Ex4minatlon f*& I l Trn¥t• 5 well a5 donatln¥ their ¢lm• •xp•rtls• durthz 2024 th• trust•es m*d* unc(￿dItIOnal donakn of QO.000 (2Q3: £nlQ to the Ch•rJty. 15 GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Employe Nthiber ol ￿Mp￿•S The av•rag* monthty number of employee# durlng th• y•ar 2024 2023 Numb•r Dlrert ch•rJtabl• aetlv6tles Man4emwt and xdmlnlrtratlgn employm•Trt colts 2022 Wws and salarf Sotlal $8curlty c•sts Other p••Trsion ¢vsts 155.258 9.426 3.283 178.914 11.933 3.744 167.967 194591 Th•r• w•r¥ no •mploy••¥ r•ffiuner*tlon £6QOOO or m•r•. 13 T*nilbl• fix•d Totsi Co At l Ayil 2023 AddMonJ in y•ar 330.423 91.055 7.757 454 13,982 9528 443.217 9.9K2 At 31 Marth 2024 330.423 91.055 &211 23,510 4S3.199 Depreatttion •nd lmpthirn￿rtt At l Aprll 2023 Deprtdation chryed In the year 59.781 6,140 10.6n 1.410 7&593 1,810 At 3 1 March 2024 S9.781 11082 7&403 At3 1 Marth 2024 330.423 31274 Ih71 11.428 374.796 At 31 March 2023 330.423 31.274 1,617 3.31Q 366.624 AJI *sstts ar• uaèd lor th•rit*bl• Purpo￿ GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2024 14 FbE¢d auet Inve¥tmÈnts At l Aprll 2023 & 3 1 Mlrch 2024 CarrylTr¢ am¢•￿¢ At31 March 2f24 At 31 March 2023 2024 2023 15 D•bt• 1024 2023 Amounts f*llln8 due within ¢me Tr4& d¢bwpJ Arn￿rrts •w•d by Eubslthry ￿d•rtaklnss Other Pr*p8ym•nts and accrued In¢ome 15286 1.325 23 5.673 11.576 20.000 21.996 21307 54x23 Gerranls Cr￿$ Communlty S•rvlets Umlt•d An •mouTht of £1.325 (2023.. £11,576) du• by the •s¥oCIa￿on) Is du• by G•rrnrds Cross Communlty S•rvlc•s Ltd to th• Assocl*tl¢>n As 4t the yo*r end. 17- GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Cr￿Et•18. amounts hlllng du* withln I￿¢ y••r 2024 2023 Trade creditors Other twtion and social Set￿rIty 18.342 (1257> 10,165 34.765 5574 8.086 6.824 J1032 Accr￿1$ and deferred InEorne 61015 31516 17 Dwlgn¥t•d fun Th• Incom¢ fvnds of th• thadty Includ* th• folhwln8 d•51znatgd fwd5 whkh hav• bwi ¥•¢ Id¢ Of unrestrlcted fun& by the trwt8•s for ip•cine purpo5•L l Apr11202Z IAy112 JI Mllvfh 2024 Youth r•ht• ￿rIv￿rA 37.830 37.830 I37￿30) 37 830 37.830 (J7A30) 37WO Durlng the Y￿r. a dol￿tIon of £NII (2023.. £Nif) m*de by the Gerrnrds Crw Under 2trs clu The trustees of the Youth Club havè #gMed thèsa fvndj sh•ukl n• bng•r be re8¥ded •% d*slgMted funds. 18 Flnancknl ￿mMItMentS* gU•rant•￿ ¢ontln¥8nt IINbllltl•s at the repvr¢ln¥ •ftd daw th• ch*rlty h*d •uty¢•ndln¥ ￿MmItMentS fr*r futJJre mlnlmum p*ymerrts under non•c¥ncellable sub$crlptlon *8rnements ol £NII 12023.. £1.938) GERRARDS CROSS COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2024 19 RelAted p4rty tran••ctlon8 ft¢munevatlon of k•y m￿al•M•nt Per￿n￿e1 Th* r¢mun•r4tlon of key management ￿r80￿me1 Is ￿ f¢lowL 2024 2023 51083 4&894 20 Subslthrltg These flrMncSal Aat•ments *r• s•parnt• A¥¥o¢l*tlon flnanclal Atements ter thè ye¥ •ndÈd 3 1 March 2024. Details of the Aswcl•tl•n's $ubsId￿rI￿ at 31 March 2024 ar• as k•lowL' Ntyme of undert4kln8 R•8lst•r•d Nature of Cknof X H•ld Gerr*rd$ Cro35 Commynty Servkes Provlslon ofbar and c*f• Ordknary Th• wgyegate cwtal and reser••8 th* ￿uk for the year of subsidhrlE5 excluded from ¢onsolldat5on foll¢)Y Mwn• ￿ und•rtthln8 ProlW(Lou> CWt*l *nd G•rrnrd$ Cro Communly Serylces 1703 13971