TYE GREEN COMMUNITY AND LEISURE AssoaATION
RNANCIAL STATEMEKf5
Period ending 31st December 2
Prepared by:
G Felstead
26 Woodward Gardens
Sawbridgeworth
Herts
CM21 OFS
Tel: 07748 818843

TYE GREEN COMMUNITY AND LEISURE ASSOCIATION
Infomiation
Twelve months ended 31st December2023
Challty Registered no:
301331
Lega Status."
The Cha
is established by Constitution
TRUSTEES:
Mrs Marilyn Pearce
Mrs Jan Clajke
Ms Katherine Fran￿$
Mrs Bety Tumer
Mrs Penny Taylor
Mrs Abra Murray
PRINCIPAL ADDRESS..
rilegate Road
Bush Fair
Harlow
CM18 6LU
INDEPENDENT EXAMINER".
Miss G Felstead
26 Woooknrd Gardens
Sawbridgeworth
Herts
CM21 OFS

TYE GREEN COMMUNI￿ AND LEISURE ASSOCIAllON
Trustees Responsibilths
TWe￿e Tnonths ended 31st December 2023
Charity law requires the trustees to prepare financial statements for eath financial yearwhich give
a true and fair view of the state of affatrs of the chaty and of its financsal activities for that year.
In preparfng those financial statements the twstees are required to..
a) Sew suitable accounting Polictes and then apply them consistenty.
b) Make judgements and estimates that are reasonable and prudent
c) State whether the policies adopted are in ac￿rdanCe with SORP and with applicabte accounting
standards. subject to arKI material departures disclosed and explained in the finanaal statements.
The trustees are responsible for keeping proFEr ￿oun￿ng records which disclose wth responsible
accuracy at ary time the financial position of the Charity and to enable them to ensure the financtal
statements Comp￿ with the Charities Act They are also responsible for safeguarding the asset of
the Chanty and hence for taking reasonable steps for the prevention and detection of fraud or other
irregularities.
Sign8d on behaw of the trustees:
Date..

T￿ GREEN COMMUNITY AND LEISURE ASSOCIATION
Twelve months ended 31st December 2023
The Trustees submtttheir annual report and finanual statements for the year ended 3tst
December 2023.
Objecttves of the Charty
The Charity is responsible for providing community and leisure facilities based at the Tye Green
Communty Centre, Bush Fair. Harlow. Essex.
Review of the
ar
Tye Green community tentre is still working hard to build kys footFall back up after the Covid-19 pandemiL
The 2 year old funding {which will have a significant affect on demand for 2 year old places) will not start
until April 2024, so we have yet to see any increase or change in numbers as a direct resulL The Cost of LtvinÉ
crisis has had a huge affect on the centre, with the minimum/lrving wage increases having the 8reatest
cost implication forthe pre-sthool. increasing these Broup costs by just over £14.000.
The fees ￿CeiVed from paying parents rather than fvnded parents inC￿05ed thls year by just over £2,000,
but we expect this figure to reduce again from April 2024 when the new funding grants come into force and
mean that more parents will qualify forfunded places. We expett the demand for places to increase with
the funding available.
As of December 2023 we have a waiting list for pla￿S in January and after Easter.
Private Lettings fees forthe hall dropped by around £800.￿. There were a few costs that dropped slightty
while the majorFty rose Fn line wlth inflation and the Cost of Living rises across the boord. The most significanl
increases were for Light & Heat1+£2841.33). Rates & Water {+£674.50). Group 3 Iofficel wages1+£1399.561,
Group 2 {caretakingl wages1+£751.Crf)I, Repairs and maintenan￿ {+£850.IJ)l and Waste {+£549.941. M05t
of these expenses have gone up countrywide and are not specifically linked to an increase In use such as for
light and heat. The team continue to work hard to reduce costs where possible.
Results
Despite a slight reduction in letting5 income, the fact that this has remained as high as It 15. doubling from
the position in December 20211 is a testament to how hard the team work to ensure it is seen as a
communty hub. and the range of wonderful and diverse activriies that are on offer should hopefully see the
centre go from strength to strength.
The loss thi5 year can be explalned entirely by the increase in Group I salaries which are government
imposed and therefore there is little that can be done about reducing these costs, without reducing staffing
numbers, which then will impatt ratios and the number of children that can be accommodated. The posttion
after April 2024 should give a clearer picture on whether these cost variations will level out, and the fact
that the centre has always been in a healthy and robust finanaal ￿tUatIOn means that we shoud be able
to weather this storm.

TYE GREEN COMMUNITY AND LEISURE ASSOCIATION
Independent E¥wniners Reportto the trustees of Tye Green Cornmunity and Leisure Association
I report on the accounts of the Trust forthe year ended 31st December 2023, which are set on
pages 6 and 7.
Respective respK)nsibilities of Trustees and examineTS.
The charltys trustees are responsible for the preparation of the accounts. The charitys trustees
consider that an audit is not required ft)r this year under section 144(2) of the Charities Act 2011
{the 2011 Act) 8nd that an independent examina￿On is needed.
It is my responsibility to=
examine the accounts under sectb)n 145 of the 2011 Act
to follow the procedures latd down in th8 general Directions given by the Charity
Commission under section 145{5>(b} ofthe 2011 Art and
to state whether particuiar matters have come to my attention.
Basis of Independent examiners report
My examination was carried out in accordan* with the general Directtons given by the Chartty
Commission. An examination indudes a rewew of the accounting records kept by the charity and a
¢omparison of the accounts presented with those records. It aLw includes consideration of any
unusual ilems or disck)sures in the 8¢counts. and seeklng explanations from you as trustees
Con￿mIng any such matters. The Pro￿dureS undertaken do not provide all the ewdence that
would be required in an audit and cOnsequen￿Y no opinion ts gtven as to whether the accounts
presertt a'true and fair vi* and the report is limited to tho* matters set out in the statement
Indeper￿ent examifter's statement
In Gonnection with my examination, no matter has come to my attention"
(1) which gives me reasonable cause to believe that in any material respe¢t the requirements:
To keep accountrng records in a¢¢ordance seth.on 130 of the 2011 ACL and
to prepare accounts which ￿)rd wrth the accounting records and Comply with the
accounting requirements ofthe 2011 Act
have not been met or
121 to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
G Felstead
26 Woodward Gardens
Sawbrtdgeworth
Herts
CM21 OFS
Jul-24

TYE GREEN COMMUNITY AND LEISURE ASSOCIATION
B￿anCe Sheet
As at end of Dec 23 A3 at end of Dec 22
ASs￿s
Flxed Assets
CurrentAssets
Other Indirect Costs
Banklcash
Current
Barclays
38,405
52,381
38A05
52A81
TOTAL ASSErs
52,381
LIABILITIES
Less: Current Liabiltbes
Creditors
Accrued Creditor5
Ctsrrent Liabilrties
TiJfAL UABIUTIES
TOTAL CURRENfASSErs
38.405
52.381
Capitsl
Opening Balance
Net Profit (Lossl
52,381
13.976
38,405
60.378
7.997
52,381
Less Drawings
CAPITAL EMPLOYED
38.405
52.381

TYE GREEN COMMUNITY AND LEISURE ASSOCIATION
Income & Expenditure
Jan ?3 to Dec '23
Jan 22 to Dec ?2
INCOME
Lettings
Playgroups
Grants
Hall Hi
Bank interest recelved
Total Income
DIREcf COSTS
Playgroup Expenses
Playgroup Salaries
Building Projects
Total Direct Costs
GROSS PROFIT (LOSS)
23.218.80
4,781.29
24.059.01
2,313.86
2.667.00
3,347.33
3,307.95
31308.04
32.387.20
1.967.25
39,039.49
1,986.08
24,827.09
41.006.74
9,698.70
26,813.17
5,57&03
OTHER INCOME
Council Funding {Ofsted)
Totsl Other income
51,195.93
38,254.14
51.195S3
38.254.14
41,497.23
43,828.17
OVERHEADS
550.00
1,910.77
348.40
21.41
503.05
1,538.24
80.74
1,704.52
550.00
1.923.23
568.38
947.74
560.55
863.74
162.91
1,563.56
532.80
1,952.65
2,623.30
8,972.89
23,212.34
2,220.00
2,327.20
844.35
2.000.00
Insurance
Trainin9
StationerylPrinting
Cleaning
Rates
Bank Charges
Telephone
Security
RepairslRenewals
Mis￿l￿neoUS
Cleaninglcaretaker Wages
Office Salaries
Light & Heat
Waste
Computer
RenULegal Fees
Totsl Overheads
2,801.11
922.37
9,723.97
24,611.90
5,¢X1.33
2.877.14
818.34
2.000.00
55.47329
51A25.64
TOTAL OP£PATING cosrs
55.473.29
51.825.64
EXCESS (OEFicm OF INCOME OVER EXPENDfTUR -
13,976.06
7.997A7