Registered Charity Number :. 301531 FILTON COMMUNITY ASSOCIATION FtNANCIAL STATEMENTS FOR THE YEAR END 31 March 2024 Tr"illoD Community Associatio FILTON COMMiJNITY CENTRE. ELM PARK BRISTO
FILTON COMMUNTfY ASSOCIATION FOR THE YEAR ENDED 31 Marcb 2024 TRUSTEE REPORT.............................................................................. INDEPENDENT EXAMINER'S REPORT........................................................................ STATEMENT OF FINANCIAL ACTIVITIES................-....................................................................... BALANCE SHEET........................................................ .......................................................................... NOTES TO THE FINANCIAL STATEMENTS......................................................................................
FILTON COLW*IUiyfrY A&SOCIATION TRUSTEFS, REPORT FOR THE YEAR ENDED 31 March W24 The trustees present their atmual rqM)rt and financial ststements for th¢ year ended 31 March 2024. The financial statements have been pr¢paral in accordance with th¢ accounting policies set out in note I lo the financial siatemenis and cotnply with the Charity's itust the Charities A¢1 ?01 l and"Accounting and Reporting by Chariiies.. Statement of Recommended PrJcti¢¢ applicable io charities preparing their accounts in accordance with lh¢ Financial Reporting Standard applicable in the UK and Rcpublic of treland (FRS 10?)" (effcctive l January 2019). Objectives and aetivities To promote Ihr wclllKing ol'ihe Community resideni in the parish of Filion by ass{1811ng lh¢ local auihoriiies. voluntary organisalions and residenis in a ¢ommon effort to further health. advance education. PrO.ide facilities for physiLal and mental training and recreatio[4 and yKial, mordl and int¢llectual development atKI to foster a community spirit for the achievement of these. To establish, maintain and manage a Community Centr¢ for actlvllies promoled by the Association and lis conslitueni members in furtherance of the above objecis. or any of them. The ASsla110n shall be non-polilical and non-sectarian. The Iruslees hai'e paid due regard to guidance issued by the Charity Commission in d¢¢iding what aciivilies the Chariiy should undertake. FinanciAI revlew The Lharity has earned an income of£60,789 and Incurr expenses of £73.771. The defi¢il durin8 the year was £12,98? Reserves It is the policy of (he Charity to maintain fvnds at a level which ¢qual¢ io no less than three months unrestricred ¢xp¢ndilure. This provides sutYici¢nl funds to cover managem¢ni. adminisErnrion and suprK)rt ¢osts. Structurei governance Ind management The Charily is a r¢¥islered in England and Wales and governed by its T1 deed. li was registered on th¢ 12th Junc 1967. The trustees who served during the year and up lo the dale of signature of the financial statements We.. Mrs. Mar¥ar¢l Gillard Chairp¢rson Mr. Ste.en England Mr. Nigel Williams Mr.DavidGillard Appoinlm¢nl of Truslces 15 governed by th¢ Ttusi Deed of the Charity. The Board ofTrustees is authorised io appoint new Trnste¢s lo fill vacancies arising through reSItIon or death of an ¢xis1ing Trustcc. Any vacancie5 ar¢ filled by recognising gaps in thc skills. capacily and experience of exisling truslees. New tntstees receii'e indu¢tion and training in their role and this process is review¢d by the TnleeS regularly. Charit). Office Filton Community Centre Elm Park Filton, Bristol BS34 7PS The Truste¢s' report was approved by th¢ Board of Trustees Mr. David Gillard Dated.. ?7-01-2025
FILTON COMMUINITY ASSOCIATION FOR THE YEAR ENDED 31 March 24 I report to thc trustees on m). ¢Kaminalion olthe funCIal statemenis of Filion Community Association (rhe Charity) for the year ended 31 Nlarch 20?4. Responsibilities alld basis of rew)rt As the trustces of th¢ Charity you are reS51ble for th¢ preparaiion of the financial slatements tn accordance with the requiremenis of the Charities Act 2011 (the ?01 l Act). I report in res1 of my examinatioTh of the Charity's financial slalements carried out und¢r seciion 145 of the 201 l Aci. In carrying oul my examination I have followed all the applicable direclions given by rhe Chariiy Commission under seciion 145(5Kbl of the 2011 Act. Independent examiner's statemeDt I have completed my examination. I confirm that no mattus have come to my attention in connection with the examination giving me Cause lo believe that in any material respeci: accounting r¢¢ords were not kepi in respect of th¢ Charity as required by srftion 130 of the 2011 Aci,. or the financial slalemenis do not accord with Ihose records; or the financial statements do no¢ comply with the applicable requirements concerning the fomi and content of accounts s¢1 out in the Charities (Accounts and Reports) Regulatio5 ?008 oiher than any requirement that the accounts give a true and fair view which is not a mailer considered as part of an independent examination. I have no concerns and have come across no other matters in connection with ihe examinaiion lo which aiienlion should be drawn in this report in order io enable a proper und¢rsianding of the financial statements lo be realhed. Thomas CA Thomas David Accountancy & Taxalion Limiied 557 Filion Avenue Bristol BS7 OQH Dal¢d- 27-01-2025
LTON COMMU1Ty A&SOCIATION ATEMEiYf OF FINANCIAL AcllvTfiES OR THE YEAR ENDED 31 March 224 Recommended categories by actiTrity Unrestricted funds Total Funds 2024 l%otes Income and endowments from: Other trading activities 60.789.00 60,789.00 Total 60,789.00 60,789.00 Expenditure on: Chanty Running Costs other 69,605.00 69,605.00 4,166.00 4.166.00 Total 73,771.00 73,771.00 Net Incomelexpendlture) (12,982.00) (12,982.00) Net movement in funds (12,982.00) (12,982.00) Reconclllatlon of funds: Total fijnds brought forward 56,573.00 56.573.00 Total fund5 carried f0rn2rd 43,591.00 43,591.00
LTON COMMUNITY ASSOCIATION ALANCE SHEET OR THE YEAR ENDED 31 March 21r24 Recommended categories by activitv Unrestricted funds Totydl Funds 21)24 Notes Fixed assets Tangible assets 23,609.00 23,609.00 Total red assets 23.609.00 23,609.00 Current assets Debtors 3.448.(Ki 3,448.00 Cash at bank and in hand 19,234.00 19,234.00 Total current Ydsset$ 22,682.00 22,682.00 Creditors.. amounts falling due wiihin one year 2.700.(M) 2,700.IK) Net current asset(lI0hIIIt1e$j 19,982.00 19,982.00 Total net assets or Ilabilitles 43,591.00 43,591.00 Funds of the Charlty Unrestricted funds 10 43,591.00 43.591.00 Restricted income funds io Endowment funds 10 Totydl funds 43,591.00 43,S91.00 The finan ial st emenls were approved by the Board on 27-Jan-2025 and signed on its behalf by.. David Gillard Trustee
"IL"IUIY COhlMlJ'lilTI' ASSOL'iATIO OTES TO FINANCLIL STATEMENTS OR THE YEAR ENDED 31 March 2024 l Accounting Policies 1.1 Accounting Policies The principal accounting policies adopted by the Charity. which is a public benefit entity, in the preparation of the accounts are as follows. 1.2 Basis of preparation These a¢¢ounls have been prepared under the historical cost convention, as modifi¢d by the inclusion of charitable properties and fixed asset investments and tnvestment properties at valuation. These accounts have been prepared in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities prepartng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (¢fteLtive l January 2019) - (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in th¢ UK and Republic ot Ireland (FRS 102) and the Charities Acl 2011. These accounts are presented in pounds sterling and rounda to the nearest tx)und. 1.3 Going Concern The Trustees hav¢ prepared financial projections, taking into consideration the cuent economic conditions and have, al Ihe time of approving ihese accounts, a reasonable expectation that the charity has adequate resources to coniinue in operational existence for the foreseeable future. Thus they continue to adopt the going Concern basis of accounting in pr¢paring the accounts. 1.4 Income from donatloDS or grants Income is recugnised when the Charity is legally entitled to il after any perfomiance conditions have b¢en met. th¢ amounts can be measured reliably, and il is probable thal income will be receiva. Cash donations are recognised on receipt. Other donations are reco¥nised once the Charily has been notified of the donation, unless pertornlance Conditions require defetTal of th¢ amount. Income r¢¢overable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation 1.5 Income from charitable 2¢tivltles Income from charitable activilies is recognised over the period to which the income relates. Concert fees are recognised al the dale of the event. Membership fees are rQgnised over the period of the membership. Rent is r¢cognised over the period to which it relales. Any amounts relating lo future periods are deferred.
LTON COMMUNTfY ASSOCIATION OTES TO FINANCIAL sfATEMEKts OR THE YEAR ENDED 31 March 2024 1.7 Expenditure Expenditure is recognised when a presenl legal or constructive obligation exists at the balance sheet date as a r¢sult of a pasl evenl. il is probable that a transfer of economi¢ benefils ,111 be required lo settle the obligation. and th¢ amount can be estimated reliably. li is inclusi%'e of VAT which cannot be recok'ered. Direct costs are those costs which directly attribute to its activitie5. Wages and salari¢s are allocated to direct costs based on an ¢stimale of time spent on charitable activities by staff members. Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to specific activities and this is reflected in the allocalion of payroll costs based on the percentage of time spent. All costs. including governance costs, are allocated betwe¢n the expenditure categories of the charity on a basis desigyned lo reflect the use of the resource. Costs relatin8 to a particular actiN'ity are charged directly; others are apportioned on an appropriate basis. Support costs and overheads have been calculated by allocating sthff time lo the level of involvement in the various activities of the Charity. 1.8 Provl$lon$ for liabllltles A liability is measured on recognition al its historical cost and then subsequently measured al the best estimate of the amount required lo settle the obligation al the repK)rtin8 date. 2 Income from Other Trading Activities Anydlysig Unrestricted Restrieted funds fund$ EndoM'ment Funds Tot41 funds 2024 Bar Sales Hiring of facilities 785.(K) 60,004.(K) 60,789.00 785.00 60,004.00 60,789.00
ILTON COMMUNfrY ASSOCIATION I:.." OTES TO FtNAI¥4CLIL sfATEMENrs OR THE YEAR ENDED 31 March 2024 3 Charity Running Costs Total funds 2024 Analysis Bank charges Charity management & administration Chartty running cosl Support Costs 120.00 1,026.00 1,059.00 67,400.(K) 69,605.00 4 Support Costs Total funds 2024 Analy$l$ Wagyes and salaries License costs Insurance Rates Light, heat and electricity Water rates Cleaning Repairs, rcnewals and maintenance Accountancy fees 30,414.00 339.00 5,643.00 621.00 8.252.00 3,757.00. 3,835.00 12,339.00 2,200.00 67,400.00 5 Other Expenditure Unrestricted funds Restricted Endowment funds Funds Total funds 2024 Analysis Depreciation Charge for the Year- Fixtures & Fittings 4,166.(K) 4,166.00 4,166.00 4,166.00
ILTON COI*IMUNTfY ocIATIo OTES TO FINAIYCIAL sfATEMEIYTS OR THE YEAR ENDED 31 March 24 6 Tangible Fixed Assets 6.1 Cost or valuydtion Fixtures & Flttlngs At 01 April 2023 Additions 16,159.00 16,100.00 At 31 March 20?4 32.259.00 6.2 Amortizatlon and Impairments Fi¥tures & Flttings Al 01 April 2023 Additions 4,484.00 4.166.00 Ai 31 March 2024 8,650.00 10.3 Net book value Fixtures & Fittings Al 01 April 20?3 At 31 March 2024 11,675.00 23.609.00 7 Debtors: Amounts falling due Trvithin one year Total fund$ 2024 Prepayments & accrued income 3,448.00 3,448.00 io
ILTON COMMIJNlfY ASSOCIA"IIU (yrES TO FtNANCIAL STATEMEIYTS OR THE YEAR ENDED 31 March 2024 8 Cash at bank and in hand Total funds 2024 Cash at bank and on hand 19,234.00 19,?34.00 9 Creditors: Amounts falling due within one year Total funds 2024 Accruals and deferred income 2.700.00 2.700.00 10 Charity funds 14.1 Details of material funds held and movements during the CURRENT reporting period Fund balances carrled forward Fund balAn¢ brought forward Galns and los$e$ Fund names Income Expenditure Transfers Unrestrieted funds 56.573.IKI 60.789. (73,771.00) 43,591.00 Total 56.573.00 60,789.(K) (73.771.00) 43,591.00