WAN8TEAD HOUSE COMMUNITY ASSOCIATION
n Auockqtlon ••t8bll•h¢d by tntyt dBed
c￿rtty rnol8trotlon nmiber 303190
Won81•o0 Houe•. 21 Tho ¢JreDn, London E112NT
Flnanelil *tmtsm•nl•
fty th• y••r •nd•d
J1 Il•Mh 2024

WAN8TEAD HOUSE COMMUNrrY ASSOCIATION
Lo901 •nd Admlnhtratlv• Inlomithtit)n
L•qal •tAIu•:
Th• Charity 1$ on unInB¢j￿ora1ed 88bUGlalon
aov•mlffj doGum•nt: TnMt degd
IMilp•l *ddr•••:
Wanit•od HouBe
21 Tho Green
LorKlon
E112NT
B•nk•rn:
arclay8 8ank plc
130 Goorp L8118
8outh Woud￿￿
LOt￿On
E18 1A2
Samuel• LLP
Char¢orgd A(cLwntantB & R89lBler￿ Au¢
3 L¢xkB Yard
Hlgh Streot
88v8nooki
Kgnl
TN13 1LT

WANSTEAD HOUSE COMMUNITY ASSOCIATION
Trust••*' report
forth8 y88r ended 31 Ma￿h 2024
The Tru8tsets pr888nl Ih81r report ￿1h Iho fin8nd818latements of tho Charlly the y88r ended 31 Marth 2024. The
Intst888 have adoptvd th8 provlBlon6 oIA¢eounlng 8r¥J R&portlng by Charlues.. St&tvmont of Rgcumrr*ndod Pr8cllce
to chgrf1180 prDpaAng Ihè* acrAMmts In accordance wilh Ihe Fthonc￿l Reporung Standanl 4ppficabl8 In the
UK and Republlc Df Irdand IFRS 10211offactlv# 1 January 2015.1
R•gl•t•r•d Chiilty Nurnbw
303190
R•gl•t•r•d omc•
Wan$lattd House. 21 Gr•M, LondDn, E112NT.
8tructsr•. O•vgrnMc• and m•n•gom•Tht
Th? Charty l• go￿rr￿d by Ito Con¥llulth adopted 81 th• Annual Ggngr81 M8•lng hold on 30 Nov•mb•r 2009.
uff•nl Trv*l•M.'
Mr Ron Fller
Mr&. Janol Fox
Mr DavKI Norm8n Glbb•
k4rn Maur8en Engbgrf
Ilr Mart Murr811
Anna Twker
Mrs bronda co￿•
Mr Hort0
Mr8 Nkhol8
Mr• P* Pattlo
PreBldent
Chalmian
Vke Chalmian
Honornry S8uotsry
Honornry Troa8ur
London Bofoiwh ol R•dl>thJg• Repre*MtsI￿¥.'
clr Sho114 Baln
Cllr Danbl MOrg￿TI￿O
Th• M•n•g•m•nt Tm•lw WI￿ ••rv•ddurfny th• y••rw• •• •hown b•lgw,'
Mr Ron Fll8r
Pro8ld8nl
Mr8. J8ntt Fox
ChaSmian
Mr Davkl Nomwn Qlbb
Vk• Chalnnan
M8ureen Engbert
Honor8ry S8cr810ry
Mr Mark Mutyo11
Honorary Troawmr
MF& 88rbam Blbhop
Mr8 Brenda Coyle
Mr 88n H8rt8
*5 Patrkla Morrkjtt
Sandra NichollE
Mrn Pel P•ttlo
London Bcmugh otRodbrklge Roprg88nlallws'.
Cllr Sh8ila Buin
Cllr Donld Morggn.Thom98
T￿A$sO￿a￿0n had no rnqulrmnl tr o CuBlrMJlen Tfu8tse.

WANSTEAD HOU8E COMMUNITY ASSOCIATION
TN•t••¥' r•port leontlnLwdl
forthv ￿ended 31 MBrch 2024
Appolnlm•nt•nd Tmlnlng of Tru•t•••
Tru8te88 Org oppplntsa by IhB momb8rnhSp of lh8 ￿￿0￿81+0￿ 88 by the CDn¥llulon by ele￿lon at the
AssrxladM'& Annuol GgnBral Me815ng and th at Iho followlng Annu81 G8n8ro1 Mov￿￿ll. Trust809 are pernltt8d lo
btand fc¢ rtr8r6ct￿. Thg Truste05 have thg pmr lo C￿pt lo fill any unel8thd vocancies, All TNslees
p￿d￿j Ihe A￿O￿lI110￿.0 Conltilutlon. No •p¢Grfi¢ trainlThJ Is provkled by1￿ ABsod•Um savg that from ￿￿9 10
Tro in(kWu81 TrUBts￿ m•yvndertake tralr4rvJ fAynmtrnBurqle tholr 8P8dflc r￿8￿. NotroknirvJ undert4kon.
Orll•nl••tlon stru0￿
Cortaln autho￿tyfrOM lh8 tw•t•w kn doleyalad totho C¥ntr• m•naour. MrsAnn 8rc¢kw8ylra#lgnad 28.03.20241 •nd
MJ Kalhy Stsngmrd in dowllng vlth lh8 daylo daYm￿￿)Im0￿tof the charty.
A¢hh4•m•nl• p•rfmn
T￿ prln¢lpul uctivth"88 of the Chorfty oro.. lal lo irnprove the fxjndllloni of of tho Communily rosldenl In w￿￿tead
and Woodfcrd and BUfToundlng otOAB by aBBoclqllry vAlh locAI aulhorltl88. volunlBry orGanl8qllon6 Bnd reBld8nlb In
provklkng la¢llllJoB for phy8lcd and m•ntal troll￿ng recrnptron. Includinu Ihv vppurtunlty lor gorlpl Intorcourse.
oth•r l&wr•-Ume occupation, ler th• r*•ldonts and Ibl Io cow8rate th• loE•l aJlhryltleB In tho mulnlonanco and
man8￿m￿l of a comrnunlty o8Trlrg lor prc4nol&Y by the A880￿9110Th 4nd IIB COnBt*iv8nl bodlo•, In
furfhornrK• olthe abDVe act1￿￿08.
The AswGl•lth corfnu*J to Berve Its lOB￿ rrmmunlty In p￿vIdIng educallDn81 ofKI recrpobpnBI 4Gil¥+ty
lup￿eMent￿d by ￿mmUnIty hellllh 8nd **M)olno A fvll range o18ccommodBlknn ond 8orvlco&. Indtjdlnll
sodol ocllvllas lor •ll 8goB wau oNered ihrwghoul Ihe y7Jr. Cmsllluenl bodle• h•va c0nl1rx￿d lo •ngap8 +h41h thg
Hou80 8nd ￿￿m￿0￿h1￿ oflhe Hou88 ho8 booTr On￿￿￿98￿.
Tho ChaW• prfn¢lpal fijnthng of r•nl81 Incom8 Incrnaied 8lluhlly the ￿8r deJplt8 ronlol rate8 bdThJ
frozen 8nd confirmlnu lor the JB¢ond con8aculv8 nn8n¢lo1 ygBI IhBt loBB ol the prevlou61y long8tandlnq
Redbildoo In8lNulo block p8hThonl• h88 had no d8ldm8nlal aN8cI on levoli. Th• A6wcIAlion h85 conllnued
lo recth a grant from Borough of Redbrfdg8 Ilhrouohlts lèlBur• arm Vltslonl. The Charlty dld nol engago In
y Bub8lqnll¥o lundr•l•ltvJ acil¥lUei duilng tho cwrgnt yMr. Eypendllur¥ IhroughDuI the year BUPPOrted ItB koy
c•10￿¥# ol njnnthg 8t W•n•te4d Hou80 lor the benalt of 011 Thmbw• Df Ihv locul CLThmunlty.
Fulur• •lrnt•¥y
Tho Aaaoclolon ￿11 ￿n￿nue to leek OXPanBlon ol Ill •c1￿1￿•• and 1odllUoB to m8mb8rn of the hx81 communlty by
oncwr8glrvJ n•w grnupB organl68lon& lo uog the Cenlro, Thls wlll be athlevod by IT￿rea￿l￿g publSc awsrnne89
d Icthl ad¥wIl￿n9 In add4￿￿ to lookng ts cwllMJg to 4ttraGI provlderB from the Insu￿10 88 11 reduc0& 116 class
prov161on and n•w d56685 there li A demand. The A88ockqllon 18 the lo81 roma1n￿n9 comrnunlty contr8 In
Iho BorDuuh that provlde5 a varfèty ol e(AJrthonFI 8nd Joclal cle8s•&. In the mld temi, Iho c￿￿ty1$ looklng lo
con8oTStht• rp$oryoJ 8h8ad of Its leasohold ren8￿1, thch h4ve urown noNlh&tandlng tho ch811enge8 of COv￿-1
and Ihe morg r8¢•nt 88c8latFon ol 8n8ryY CO8t8. The re50￿￿ pollcy ho8 enBuf8d that lh8 Houje watt Bnd ccmunu
to be **ll ￿￿ced to able￿ Oper￿￿￿ Ihrowh dlfflcull ¢Jpergllng condllknn• InYwa￿n￿ Ilqvhllty.
FI￿￿￿•1 Rthrf•w
Thv Charty &aopts a pc41¢y ol •n•urfnu Ih81 IIB fre8 roser￿ are 8ufflclgnl lo mool Il• Llay to day opor8#on
Income th18 un8xp8cl•dlydlmlnl&h ond lo ￿de for un8xpect8d ltsma of wlmarityronrerned *ith the
upke8p ol the H811 and lh8 inter1￿1 m4lnl8nanc8 01 the Houso and Ils entr•nc•s gnd ￿ndowS In acrord•n¢x %•llh11s
le8#ehDld obllgBUoThs. Irwno th15 gXP8cled lo bo al18a&t mBlnlalned In 2024125 wth ronts ha¥lw once igqln
bBOn frDzon lo mllgote eff¢ct8 of Ihe eraJnomlc downlwn. Ubllty ex￿ndlIuTe is expected lo full lo11D￿r￿ a rfjvlow
of provlder8. Clh8r 0r9 g*PgCtod ID rf8e and arn eJp8cl8d to be manBgwJ from r8sgN85 In thg Bhort twm,
Ihrwgh cBrnful mBnag•nÉnt h#¥p yet to be cdled upon dwlt8 lh8 p&ndgmlc 6nd Bconomlc downtum. In thu
loryer lerni the polky IB to In¢roJse reserveD %then condlllon8 pem)11 ID anable IhE Chllrity lo renew its ha5ehold of
Wanslead House 88 8 communlty ¢8ntre. From ttrne to ￿rne Ih8 TFu&t80& d8slgno1& frthTr rgsgw$ lor &pg¢in¢
expondmure.
P8go 3

WANSTEAD HOUSE COMMUNITY A530CIATION
Tru•t•••' r•porl {¢OntIn￿dI
lof tho year ended 31 Marth 2024
Fln•ncl#l R•¥l•w
Thè fr80 r86erv0 8tAnrJ8 at £314,768 for th8 rea8OM 8tBl8d 4bgve. In a¢Jdlllon to lthlch tsre aro avallat48
d9B1￿￿ted funds iotalllng £22,385 for Iho spedfi¢ purp088B of rapl8cgmonl of rernalnlng *lndtr•M ind the
enwrgenw repah contingency as noted In Ihe accountg.
The Chartty ha¥ boen ablo to 8b50rb the eff•cts oflhe ￿C￿mmIe downtum. 8osrhg enorgy cojts #nd the
1068 018 8tandlMg hlrer such Ihot thè Asgoclalbn has gr88t8r confjdence ol conurwlng to make the
HQu￿ av811abl8 to th8 Communlty In ￿ntInUed ehall8nglng circurn8tsnc81.
R•••rv•J pollcy
The Tru*lees congldor Ihgt th8 free r898rv88 held by tho Charlty arg 8ufflclenl lor the cornlng Ilnanclal
qr nO￿lh$t￿nd1ng Ihe unc8rtalnty occa•1￿8￿ by lh• aC￿0M1C do￿tUrn and enprgy coils.
ImT••lrn•nt polky
Th• TnJ8to8B rx)n8ldered the most opproprtato pomcy fc¢ Inve8Ung fund8 and hai found Ihat B8rclgyB
Track8r Aeeounl mg018 tholr r•qulrgment8. In th? 8b88nce ol any olher Inve#lmenl8 Ihe Trusleej dld not
con8WJgr tt neooDs8rylo appolnl a Cu8todlan Tnwtso. Th99• mattgr¥ be Tevlthved pe￿￿j1¢01ty.
Rhk rwl•w
The Tru8t••B hgve conductbd a ol tha major rlsks to the Ch8ty IB expojed Jnd ByBlems
h8vo bgen 9818￿10￿￿ Ic mIl￿at9 Iho8• rtgki. Intem81 rl8k8 mlnlml8ed by Ihe I￿￿18m8n1AI￿n of
proGedur88 for 8ulheAIBallon ol all tr8nso¢tlonB and Pr￿e¢l3 and io 8n8urn con818tenl qu811ty of d$llvery fr*
all 0￿ratIonal &Bpec18 of lh• Charfty. Theoe proc8duM# aro perfodlcolty r•vl•wed lo ensure that they slll
rn08t Ihg need8 of Ihg Charlty. AddltSonal rrffjellngB or• hold frorn Ilrne to Umo lo partlcular
operallonol ehallengeB aj ih•y I￿￿e. Tho eagh provldes 8ufflclent prot8ctkn aqa1￿1
unpr8dlctabl8 rtse8 In oxp8ndllur8 In Ihe short t8rm.
PubllG B•n•llt
The Iru8t00B conllnn thal thèy havo complled ￿4th th8 duty In 617151 ol Iho Chorllles Act 2011 and lo have
du? regard to tho guld8ncg I88L￿1 by th8 Charfty Comml88lon on publlc benefit. S•e lh8 prtndp81
actlvlllg8 58cllon abov• as to lh8 maln adv1￿03 undgrtakon by the Cha￿ty to fUrt￿r ItB purp080B for
publlc be￿flI,
Audltor•
A molution wll b8 plmced bgfpre the onnual y8n8ral mgellng to r8gpWnt Samu818 LLP. Chartered
Actounlants and R8918lered Audltor8, 85 8udlloT8 for tho vn5uing y881'.
pagè 4

WANSTEAD HOUSE COMMUNITY ASSOCIATION
8t•tsm•nl of Tnwto•#' R••pon•lbllltl•#
for the year ended 31 March 2024
Th8 Iruslges ure rosponslblg for pr8porlng the Report of tho Tru81eg5 and Ihg flnancial 8lalements in accordanco
7th1h applScablo law and Unlied Kingdom Accounllng Standard3 Iunlted Kingdom Generalty Accepted Accounting
Practica}.
The law appNcabl8 lo ChaM116s in EnglBnd and WBlgs, th8 ChaN1188 Act 2011. Chamty {Accounls and Roport81
Regu1811on3 2008 Bnd the provi81ons of the Injsl d88d r8qulre8 ihe Irust88s lo prepara flnanclol $t8lemgnts for
eoch fln8nclal year vthlch glve o true And f8lr vtew of the stale of affalrs ol the charlty and of Ihg Incomlng
re80ur¢es and qppllc8lknn of re8ources, Includlng tha Income and 8xp8ndllure, of the chadly for Ihgt perlod. In
pr8parfrwJ t1￿?88 flnanclal statements. the truste&5 are r8qulred lo:
Selgcl 8ullablg accounting polklgs and then apply them con8lBtonly',
- observe Ihg m8thod8 an(i prlnclpl88 In the Charlty SORP,.
- make ludgemonls and esUmalg8 that ar8 reasonable and prudent,.
pr8pare the fin8nobl 61&tem8nlB on Ihe golng concem baBi8 unle881118 Inappropri819
lo pr68ume that the Charfty wlll C￿ntInue to opgroto.
Thg Truglee8 arg Tegponslble for koeplng woper accounllng records whlch d1￿1¢>$0 vllh r9880nable actyJr8cy al
any Ilme thè flnonclal p08illon of the Charlty and to gnablg them lo ensurg th01 Ihg Ilnanc181 sta18menis comply
wllh the Charluos Act 2011, lh8 Gharfty (Account8 and Roportsl Regulollons 2008 and tho prov151ons of Ihe IruBI
dg&d. Th8y 8rg algo re8pon6lbl8 for 88feguardlng thg asselB ol tho tharfty and honca for laklng rea$on8blg slepB
r the pr8vonllon and dgtectlon of fr8ud and olher Irregularlllè8.
4)proved by onlgr of tho tJo4rd of Iru8lee¥ on 4 November 2024 aThJ 60uned on Its behaw by..
J#no1 Fox {Chalmi8n)

WANSTEAD HOUSE COMMUNITY ASSOCIATION
R•port of th• Ind•pgnd•ntAwJltOf• to th• TrU8t•￿ of Wan•t••d Hou•• Communlty AsgoGlallon
for tho year on¢Jed 31 March 2024
Oplnlon
We have gudltod th8 flnanclal $1olements of WansteBd House Communltykn¥odallon (the 'CharWI lor thg
year gndgd 31 Mareh 2024 on pages nlne to fifteen. The 16n8nry81 rgporting fram8WOTk th81 ha8 b8en applled
In th•lr preparallon Is applicable law and Unlted Klngdom Accounllng St8ndaTd8, Includlng Flnancial
Reportlng St8ndard 102 Financial Reporllng Standard appllcable In Iho UK and Republlc ol Irdand,
IUnlt8d KlTrJdom Gon&r8ItyAc￿pt8d Accounting Practseel.
In our oplnlon th8 fln8rb¢l81 $181gmenls.'
"glve g trua 8nd folr vlow of the 81ale of Ihe Charfty'# offBits aB at 31 March 2024 8nd of Its Incomlng
raswrc8s and applkallon of 80urcog for Ihg ye8r then ended..
.have been properly prepaied In 8ccordante wlth Unrt8d Kingdom G8n6rAItyA¢cepted Accounllng Practlce:
.h•vg bgen pr•parod In accordancg vAlh thg Tequlroments of th8 Gharfll¥$ Act 2011.
Ba•1• for oplnlgn
W8 conducted our audll In acc¢Ydonea wtth Inlgrnollonal Sl8ndardi on Audlllng (UK) (ISA• IUKII Ar
oppllcablo law. Our re8ponslblllll8s under th088 slèndgrdB Bre further d88orlbgd In the AudNor8'
upon8lblllt1&8 for the eudlt ol tho flnonrjal 81atemgnt8 •eGtlon of our report. Wo aro h)d•pndÈnt of the
Charfty In #ccordanca wtth Ihe glhlc81 requlrem8nlB Ihat are Telev8nt to our audlt of the finjnclal 8tslemonth I
Iho UK, Includlnll the FRC'8 Elhlcal Standard. and we hav• fviniied our other olhlcal r•gpDnsibillli85 In
bccofflenco **lh th•1• requlrements. WO bellgvg thal th8 audll evldgnrg we have oblalned IB oufflc￿nt and
pproprtat8 to wov*J6 a ba858 for our oplnlon.
Conclu•lon• r•l•ilno to golno eonc•m
We hovg nothlng lo Mport In r•&poct of the followlng matters In mlatlon to whlch thg ISAB IUKI rgqulre UB to
roport to you vther8'.
-Th• TNstee8 U80 of qDlng concem b9616 of a¢counllng In the prop8ratlon of thg fknanclal sl&lements18
not •pproprigtg' or
-Th¥ Tru81ee8 h8v• nol di8ckJ80d In Ihe fln•nu•l 8lalemen18 any id•nllll8d mat•rfal unc8rtalnlleb thal may
cast 8lgnln¢anl doubl obout thg Charfty'B Bbllltyto eonllnuè to 8dopl the golng concorn b8919 of arwunllng for
Pgdod of at1oaBI fvrnlvo monlh8 Imm Iho date when Ihe fin8ndal 91gtgmgnlB 8ro a￿th￿￿ed for188Ue.
Oth•r Inforniatlo
Th8 Tru8teo8 are rg¥ponBlbl8 lor th• olh$r Infomi8lk•n. The olhtyr Inlom8lton compr1888 ihe Inlormatlon In th8
TrLMtoeg' Report, bul doej not Includ8 the fl￿&￿1￿1 Jtstements and our Rèport of lh• Au(UlorB thereDn.
Our oplnlon on lh8 flnanc4016talemgnt8 do88 not covw the olher Infomiglfon end we do not expTe$s eny forn
of 85surance concluglon thsr•on.
In ¢onnectk)n vAth our Audll ol the flnandal 8tat•m8nts. Dur regFx)n81blllty lo to r#4d Ihè olh•r Inlormallon and,
Sn (A)Ihg so, ronslder wheihgr lh8 oth8r Informallon16 m&t8d8lly InGonBlstenl wmh Ihg financlel 8t8lements or
r knowle(Jg8 obtained In the audlt or otherwiBe 8ppearB lo bg m8lerlally mls818t8d. If. b8B8d on the wcffk
wa havo perforniad, we eoncludp Ihal there18 a m8t8rfal ml8Bt818menl ol thlg olhar Infomi8lHJn. we 8T9
roqulred to rnport th8118ct. W• hqve nothlng to r•port kn IhlB rpgard,
Matt•r• on whlch w• •r• r•qulr•d to r•port by •xc•ptlon
Wo have nolhlng to roport In respect ol th8 folkm'ng rnaller8 thgrg thg Chartti•g IA¢¢ounts and Report81
R•g(A8llDn8 2008 roqulro us to r8POrt io W, In our oplnloh..
- the Inlomiation gfven ￿ tho Tru8t808' roPgrt18 knconBIBtent In Any matorl81 r88P8Ct￿th the f+nanck41
$18tsment8,' or
. 8ufflc18nt gccounllng rocord8 havè not b98n kepl,. OT
- Ihe fmandal statgments arB Th)1 In agreement wllh tho sccounlng record8", or
- ￿ havtr not recefved all th• lnforrn8t￿n and explanat￿n$ w8 requlre for our 8udll.
page 8

WANSTEAD HOUSE COMMUNITY ASSOCIATION
Rèport of the IndependentAuditors to th• Tn￿t9￿ of WaThst•ad Hous• Community Association
(Contd.)
Rèsponsibilities of the Truste•s
As explained more fulty in the Statement of Trust￿$. Respon$iblibes $et otrt on page fi￿, th• TnJ$tee$
responSi￿e forthe preparation of the financial statèmen18 and for bwng sab"sfied that th•y give 8 true and fair vth¥.
and for su¢h intemal control a$ the Trustee$ detemiine nec&88¥ry to enable the preparation of financial statements
that are free from m*rial misst*ment. whether du• to fraud or orror.
In preparing Ihe fmandal $t8iement$, the Tru8ts88 are re8ponsltrAe for a8se881ng Chadty8 abfllty to continuo as
a going eon¢em, di$doging, 8$ appli¢8ble, m¥tt¢rs related lo going concem and using thB gcing concern ba81$ of
accounting unl¢$$ th¥ Tru$ts¢s •lhef inlond to liquid*te the C￿ty or lo cea3e operats'o￿. ty has no re•listi¢
afternati￿ but to do $0.
Our r•sponslblllt195 forthg audlt of tho flnanclal stat•mont8
We have ba8n appointad as auditor under sadion 145 oltha Charbts•s Aet 2011 and r•wt in aCc￿danCe wth the
Act and r81ovant ragulatlons mad8 or havlng affoct thèrèundar. Ow 04'ectiv8s ar• lo obtain reasonablé assurance
about wh&lh9r the financial slatgmants as a whole are free from matwal mi$$tatsment, whethgr due lo traud or
error, arKI to issue a Report of the Auditors that indudes oui opinktn. Roasonable assurance Is a h1￿ level of
as$uran¢e, but 1$ not a guarantee that an audit conducted in accordance wth ISA$ IUKI wll always detecl a
material ml$statgmenl when 6t exlsts. Mlsstatgmenls can arise from fraud or orror and are considgred material if,
individually or In the aggre9al*. they could reasonably bo expected to Inftuence th• d•clskJns of users
tskon on th& basis of these financk41 $tstemonts.
A furth8r description of our m$pon$ibilibes forlhe audtt of the flnandal $tslemen16 is lo¢*ed on th& Finan¢ial
Reporting COu￿1r$ website at VA￿.fr¢.Qrg.Uk1¥UI￿0Isre$ponsIbl1lIieS. Thlg des¢rlpllon fomis of our Rep)rt of
th• Audit(x¥.
Usè of our autht report
This reput is made sdely to the Charity's Trustees, as a body. in aceordonee w￿h Section 145 ofthe Charities Aet
2011 and the regulations made under Section 154 of that Act. Our aLKIrt work has been undertaken so that we
myht stale to the Charity's Trustees those matters we are required to state to them in a Report of the Audrtors and
for no other purpose. To the fvllest extent pemiitted by law, we do not accept or assume responsibl￿ty to anyone
other than Ihe Charity and the Charity's Tfustees as a body, for our audit work, for this re￿￿rt. or forthe opinions
we have fomied.
Samuels LLP. Statutory Auditor
3 Locks Yard
High Street
Sevenoaks
TN13 ILT
Date.. 4th Novomber 2024
pagg 7

WANSTEAD HOUSE COMMUNiff A880CIATION
8t4tem8nl of Flnandal AcllvKle8
for the year end8d 31 March 2024
Y8Er 8nded
31.03.24
Totpl lund
Yogr ended
31.03.23
Total lun¢J8
Not88
Incom• •nd •xpondltur•
InMm• from
Ch8rtobl8 edlvl¢l•*.'
Olher Grants
Rents
Sub8cthpllun8
12
7,110
123,705
1.456
7,110
120,994
1,258
Barlcafe 9ur￿u8
Sundry Ineom?
Invo•lmentlncome.'
IntoroBI r8c8lv•d
46
10
259
2.067
2,987
501
Total Incomknq r••oW￿l
135 294
132 189
Ewndltur• on
Ch8rftgblo OG¢ivttleJ.-
Copts ol generellng fund8
Monagement ond admlnl&trallon
108,688
96,317
Total I••our￿l •xp•nd•¢l
138 890
124734
N•t l•xp•ndllur•VlnGoM•
13.5961
7.455
R•con¢ll1￿Ion •t Fund•
Total F￿K18 bmuym Itywgrd
340,729
333,274
Total Fundj carrl•d Ivrw•rd
10
AU In¢ome and oxpwhJNure hB8 8rf80n from ¢onYnulng owraljong.
I lund# Br8 unreutrlcled fund8.
The notes form part of thoge flnanclal 8tatomont¥
po98 8

WANSTEAD HOUSE COMMUNITY A3SOCIATION
B•l#nc• lh￿1
At 31 March 2024
31.03.24
Total funEI¥
31.03.23
fundB
NoteB
Flx•d a•••t•
Tangth a858t&
75.340
93.672
Curr•nt •M•t•
Slock
Dabtor8
Cwh at bank and In hand
457
9.728
258 178
589
5.299
247 470
268,381
253,358
Ll•bMltl¥¥', Amounts falllng (
vAthln year
14•t cwr•nt ••••t•
267 793
247 0,57
Total aM•l• Iw• ¢urr•nl Ilabllltl••
Th• fund• ol th• Chwlly
Unr•4trfGlgd fundj
. OoBlgThaled fur￿#
. G8nerAI fvnd
22,385
314,T88
22,365
318,384
io
Tot*1 fund•
The fiDgnc4al B¢atement8 wer8 •pproved by Ihe Board ol Tru¥tevs on 41h Novembor 2024
nd werg 81gn•d on Ils behalf by..
J8n•t Fox (Cha1￿@￿)
The rL)te8 fomi part of Ih888 IlnawKlal otatementJ
pagg 9

WANSTEAD HOUSE COMMUNrrY ASSOCIATION
Nolo• to th• flnan¢l#l al•t•m•nl•
for Ihe year and￿ 31 Marth 2024
1. Accounllng pollcl
a) B•s1• of pr•parlng th• ftTr•ncl•l oto1om•nt•
Th8 flnandal statom8nt8 of cherfty, wh*h 1¥ 8 publlc ben8fl1 entlly under FRS 102. hBv8
been prepar8d In accordance I￿¢h tha Ch8rftlg9 SORP IFRS 1021'Accounllng and Reportlno
by Charflles.. Slatement of Recommpndpd Pracllc8 applkable to th8rtUe8 preparfng Ihalr
accounts In acct)rdanc• Ihe Flnanc4al RBpcrtng SIBnd8rd appllcable In Iho UK and
Republlc of Ir818nd IFRS 1021 l&ffecllv8 1 J8nuary 201SI', Flnanelgl R8POrtlnu Standard 102
The FlnBnrAo1 Reporttng Standard ￿p￿1¢￿ble In the UK a￿1 R8publlc oi Ireland. EFA arwj
tho Charfll86 Act 2011. The Itnandal 8tat&ment8 have been prepared under the hlst(th
bl IncomB
All Incomelo recognlBgd In the slat￿nt ol FlnBnclal AcUvllleB once the charlty haB
enllllem8nt to the fundB, It18 prob8bl• th8t Iho tsKomo bo retelv•d and the omounl
can be meaoured foll8bly.
CI EMp•n(#turn
LlabllltS8s are recognl38d a8 8xpendllure as 800n 88 thèr•18 910gal or con8tDJcllv8
0￿19allOn commlttlng Ih• lo lh8 •xp?ndltur¥. 1118 probo1)1o Ihal a tr4n818r
ol •conornl¢ bonenls 4%411 bo rnqulrgd In B81loment and tho gmounl of th8 obllgatlon cjn
bo measured rollably. Exp8tldlturg13 accoun18d fcrf on #n aecrualB ba81fj and ha6
been el888Ifi8d undor h88dlry8 that aggmgalo all cost rg18led to Ihe coleEt)ry.
Wher• COBI8 cannot be dlrecuy attrfbuted to parUcul8r headlThJ8 thoy hav• l)88
8lloegled to aollvllle8 on g ba818 conB131ent wlth the use ol r880urces.
dl T•ngltyl• Ilx•d ••••ts
D8pr8clalbn IB provh48d 8t Ihg fdkwAng rnte8 In ordor lo w￿19 off each agset over
118 0811m818d u¥91ul Ille.
ornce lumNur• and 8oulprnenl
Olhor fumllurg and equlpment
bulldkng Irrymwi8rrt8
3 years
3 y8ar8
ovw Iht l•ats18rm
•) Imp•lmi•nt olftx•d iii•t•
Al fjaeh rep￿tIng end date. tho Ch8rlty r8vl8wB ¢arrySng amountB of tts tanglblo 888atg to
d&terrnln8 wh8ther there Is Indlc8llon Ihjt tho8¥ &6¥el8 havo suffered gn lrnpalrgmenl los1.
If any such Indkallon ￿#t9, the recoverable 8mDunl ol Ihg ¥V8pI Ib eBtlmated In orderlo
d8tomilne Iho 8Xtgnt of Ihe Impalrnient108s IW aryl.
n stoek•
st￿ks affj ¥laled al the lsmr ol cost and ngt reallBablD valuo, after mgklng due all￿￿0
for oboolots ond Bl¢yw movlng1kn8.
gl T•x•tlon
The charfty18 8X•nPt fr￿ tax on Its ¢h•ritable uctiviti8&.
pago 10

WANSTEAD HOUSE COMMUNITY ASSOCIATION
Noi•* to thD Ilnon¢lo1 •tAt•monts
lor Ihe yew ondod 31 March 2024
1. Accounthig pglkh•
h) Ci•h and ¢uh •qulv•l•nts
CaBh and ca6h oqulv8kntB are ba91c fln8nrAal a89et6 and Include c8eh In hlnrl, d8POSItB held Bl
CBII ￿th banks. Dlh8r 8hort-18rm Ilquld Inv881rnents ￿th or￿In￿l maturfllB8 0lthr88 rnonth8 or leB6,
and b8nk ovgrdralts. Bank ov8rdr8ft5 arn 8hown wlthln bOT￿ng8 In uJrr8nt 118t￿ll￿oB.
l} Fln•nGlal In•truments
Tho Charfty ha8 electod to apply thtt provlolono of S•rllon 11 'Ba6lc Fln8ncld InBtruments' and
Sactlon 12'0ther Flnandal InBtnJm8nt8 16gu8B' or FRS 102 to All of rt¥ Ilngndal in61rument8.
FhgnGIBI In8trurnen18 are ￿0qnLIed In lh• Charllls bolan¢• 8h801 whgn the Charlly bacomes
pqrty to tho conlr•¢lu81 PTov181on8 of tho In?INm8nl,
FSnanelal a8Bets ond Ilabllllle8 are offset, the not amounts preaon18d In Ihe flnanclal
$tsternonls, there IB a lagally ènforcBable rfght to Bat off the reccon18ed 8moth15 Bnd thore18
an Inten￿gnI0 80ttk9 on a n8t baal¥ or to reallae the 98Net and 8ettla the IIBblllty 81multanew6fy.
a￿1¢ fln•nclal a•••t•
Ba81c flnAnd81 as88ts, wthlch Includo d9btcn and cash gnd bank balancgs. ore Inlllally meaiurgd
l tranpe¢llon prlc• In¢ludlng traThBacllon co818 and Ore Bub6equ8nlW carrlod 818rn0rt18•d co•t
uBlng Ihe Off•cl￿ Inlgre8t method unle85 ts orrangemènt conslllule8 0 finandng tran5acllort.
whore th6 tr4n¥acllon IB m•8btsrnd al the w089nl valu• ol the lulure focelpls dlBoounled 818
markgl rate of Int•re8t. FlnAnclal a88919 d8891figd recelvobl• ￿thIn gn8 y8ar are nol &mort188d.
Bulo flnan¢lal IF•bllltt••
B88lc flnandol l+dJlllll8¥, bcludlng crgdllor8 and bank loan8 are In￿allY rgcogn58ed 01 Iran8aedon
prlce unle8• the arr8ngeffj8nl con#tllutes a nnanclng Ironi8clon, *ther8 tho debt In8lrum•nl I
m8•5ur8d al Ihe preaent valug of Ibe fulur8 payments dlscounted al a mathet rata ol Inlgrejl.
Flnanclal Ilablllllos da?81ngd as payMbl8 ￿1h1n on8 y8ai aro nol amortl8ed.
Debt Inotrumonts are 8ub80quendy eAnled al co8t, U￿n9 effect￿6 Internsl rnt•
mgthod.
Trad8 crgdltor8 Bro oblwlono lo poy lorgood8 or 88rvk88 th81 hove baen Kqulrerl In thg
ordlnory ¢ow88 olop8rgllon8 from Suppllers. Arr￿nts p8yoble #r• clB8slfk8d 88 Current Ilabllltte8
11 paymBnl 1$ dug %%llhln 0Trg ye8r or less. If not. they gre pr8s•nled aB nonourrnnt IIBblllUo8.
Trade credltor8 rncognlBed Inlllalty at transaction fv and 9ubi8qu•nlly mg88urvd al
amort188d eo81 u81ng the effectlve Inlgtesl rnethod.
J) Judg•m•nt¥ and k•y •our¢•• ot •*tlm•llon unc•rt•lnty
In the 8ppllc8tlon of Ihe Gh8NW8 oc¢ounllng pollel¢$. th8 m8mbers are rv4uifed to m8k8
ludBemenls, e8tim8tg¥ Hnd assumpllong 8bDuI the CH￿ng amount of A$S¢ts and IlabllltleB that ore
nol reodlly 8ppar8nt from olh8r sourceB. Thg 8gtlmat95 and a&80clgtgd assumplbn6 8Tr b888d
hlytorfcal experlgnce and olhèrfactor8 Ihal aro coMld¢red lo be relev•nt. Actual reuuhB may dKfer
Irom the9e 89￿mEt88.
Th9 oslrnatO8 and und•rWng a8BumpUon8 8re rgvlowed ￿ an ongdng b￿1￿. Rev181onB to
eccounllng 85tlrna188 8re rFGognisgd In the perlod In whl¢h th8 85llmat& Is rev189d whgre the
revlslon Affects that perfod. or in the p8rfod ol the revi8ion and fuluTr p8riuds *th8re the revlBlon
affgcts ix>th Cu￿nI and ftrture p8dod8.
page11

WANSTEAD HOUSE COMMUNrrY ASSOCIATION
Ntth to thg fln•n¢lal •t•t•m•nts Icontlnu•dl
for the yw ended 31 M8rch 2024
1. knGounllno Pollol
kl Fund A¢¢ountlny
Unrn51rtc18d fund8 w bo uswj In ACCLYdantx wlth Iho chorftable oLlgtheB 81 the d18crellon
of thfr Ir118tee3.
ReBlrfcted fundg ¢gn ￿lY be used forpartlGth8r rejtrlcted pwpoges ¥%lthln thè obloct¥ of the
G￿rffy. R88trfctlonB ￿￿n bpaclllad by the th)nor or*l)gn funds aro rnlBed fu parf￿ar
rgBtdclod wrpo8B8.
Further oxplanallon of owch fund18 Includad th the notes lo the flnanclql 8tal8m8nts.
11 Gronts
Incomg from grnntB l¥ recw180d 4*1on thgre t8 pvldence ol enUtKrymont to tho glft. ro¢olpl l¥
prob4bL8 and N8 amount e8n bp rn98Buf8d Tdkgbly.
2024
2023
2. T4nglbl• fix•d ••••t•
Tha foll￿n9 aro Inchjded In Ihe ngt Ix>ok valu8 ol tsnglbl• flx•d 889•18.'
Oth8rfumttur• oN1 eoulpmenl
Offlc• fumlture and equlpmont
L•gi•hokF bjlldlng IMpr￿ment￿
2,713
209
3,467
783
Th• mDYemgnl In Iho pertod •• follows..
Offlcg
Leagehold
lurnlturel
bulldlnp
equlpmvnl Improvement8
fumllurel
equlprnent
Opthng balarK&
AthJllton9
6.692
1.292
30,740
306,185
5.693
Yoar.onded 31 March 2024
311.878
D•prncl•tlonl•mOrth￿1Qfi
Opgnlng balance
Chargg
2.125
2,046
29.977
554
218.743
22,717
Year-￿d￿d 31 Marth 2024
239 480
N•1 book v•lu•
Y8Br-8nd•Y 31 Morth 2023
783
year￿ed 31 Marrh 2024
209
p8ge 12

WAN8TEAD HOUSE COMMUNITY ASSOCIATION
Not•• ¢0 the Ilnanolal *tat•m•nt* {conllnuadl
for thè ￿￿rended 31 Il&rch 2024
2024
2023
J. Stock
The follgvAng are kncluded In Ihe nel book vfil￿ of 8fock..
Barlcofo
£457
£589
D•btorn
The Idlo￿Trg amount8 w• Int4ud811 In Ihe nel ljook valv8 of d8btor8'.
Amwnt• f•lllng du• wlthln y••r',
Trad8 debtor¥
Pr8paymgnt8 olhord8btor
7,275
2,451
3,034
2.265
B. Uablllll••: *mount• f•lllng du• wlthln on• y•ar
Th? Idkmlng are Inc1￿18d In IIAbllKl•8 ljlllng due wllhln one ygar..
VAT
Accnmli
135
8,166
6,372
•. Emolum•nts ol •mploy
Tho total •rndum9nls ftf Ihe y••rol Ihe Charfty8 ernF4oyYeJ amounled lo..
Wag•8 & aAlarf•s
£67,583
£63.619
The average numb8rof 8mploy•o8 for th• yèar w89
No employ080 rncelved ornolum8nlts In •xc85s of £60.OIKI.
On8 8mplDy8e18 8 mgrnbgr ol an autwnrc4rnent pen8lon BchDmg. Empl0yorcontrfbut￿n8 for
th8 perfod wor• £390 I2023- £3441.
pagg13

WANSTEAD HOUSE COMMUNITY ASSOCIATION
N**# tts1￿ Ilnjnclol •thl•m•nts Iconllnu•dl
lorlh8 yo8r oThJed 31 Mafch 2024
7. D￿19n•tod fund•
Th• EmBf98ncy Repalrn ConNng8ncy Fund wa& 581 up vllh the Intontlon of 6etllwJ 88ld• monl8b for
unexpected future repBlr txpenditwe.
Thg Ropla¢ement vAn(knYb lund wab Set up to 88t aslde monloB lo repl8C8 th• ￿nd0¥49.
The flr8t ph888 ol *And¢M replBcornort8 8t8rted In hprfl 2015.
8alanc•
0110412023
Now
d•*l¥n•Uon•
IUllll••dl B4lanc•
3110312024
EmoryJenw Ropalrn Contlng•ncy
RarA8c8rnenl ￿n¢￿¥S
10,000
12,36
10,OC¥)
12,365
22
. BarlCaf• a¢count
2024
2023
7.455
7,723
L•88.. C￿1 ofgoodi S￿d
GroD8 profiVIIo811
4.182
4,234
8urF4ui
•. Co•t• of q•n•rntlng lund•
stsri c08t8
D&pwl8tlonlamortluatlon
other runnlng coJ18
Adv0rt181ng
51,070
20,254
33,965
47,991
19,206
27.671
94. Mana9•m•nt•nd •dmlnMT*tlDn
Sl8ff costs
Audltorn, fee for Butht M￿re5
OepmclJllonla￿rtl6al0n
other runThlng cogts
12,767
4,800
5,003
11.998
4,700
4,801
pogo 14

WANSTEAD HOU8E COMMUNITY ASSOCIATION
Not•8 to th• fln1nc1￿ #ts1gm•nl• l¢ontlnu•d
IOT the year endod 31 2024
10. Mov•m•nt In Fund•
Net movement
In lund8
Al 01.04.23
Al 31.03.24
c￿er¥I fund
318,364
31B,364
13,596
13,5961
314.768
31
,76
D￿l9Mt0d fund•
Emvrggncy Repalrn
Rap1a￿nI Wlndo*
10,000
12.385
22,386
10,000
12,365
22,365
T•t•l Urntrlot•d Fund•
337 133
11. R•latsd P•rty Ol•clo•ur••
Ther• wore rrt) rdaknj paty IransaEllons lor thè year 8nd•d 31 March 202412023 £NIII.
The tru8tee8 dld not ree8lv• ary remuMr8tlon 8nd no tru8188 expen8e8 were Incurred In th8 year
gnd8d 31 Marth 2024 I2Q23 £NIII.
11 Gr•nt•
2024
2023
Olher gran18 ￿lTr￿N￿•d'.
L8R Vlalon
pag8 15

WAN8TEAD HOUSE COMMUNITY ASSOCIATION
G•n•ral In¢om• Ind •xp•ndknr• *¢c¢)unt
lor the yoar end￿ 31 March 2024
2024
2023
Inc
Olher grants
Inter88t rgcplved
Sundry IFKoma. domuons
SubBcApllong
Othor renlal Incom8
8arlCafe 8ce>)unt
7,110
2.967
10
1.458
123,705
7,110
501
2.067
1,258
120,994
135.2g4
132,189
Exp•ndl¢ur•
Clgrtcal 8alarlo8
Accountancy and I￿111
Paymtl thce
Olncg co8t8 And rat8B
Llght 8nd heBI
C4rgtsker8' Jale
Clgafier8' 89lwl$•
Pon8k)n costh
Cl•Bnlng materfa18
R8palr6 and d•cor•tbn8
In8uranca
Amryls8tlon.1088ahold b￿l1thng lrnprovem8n18
08pr8clallc41- 0ffl¢g fumlturo & equlpmont
Dopf8e￿tknn- other fumltur8 & eqU￿rnO￿t
Mlnor eqvlw8nt
To1ophon•
Pogtaue. St8￿Onery SI￿ prfnlkng
AdverUBlng
General •xp8n88#
Irr•eov•rable VAT
26.950
5,875
540
5,662
10,222
30,502
S.995
25,425
5.560
520
3,961
15,150
28,572
5,647
344
1,243
2,774
2,081
21,840
12.379
2,280
22,717
564
2,048
1,614
2.301
241
1,407
2,303
1,648
180
1.449
3,444
ID•llcltV•¥vplu• lorth• y••r
Th18 page doe8 notfomi part of Ihg Stjtutory flnanclal 8tatomenl8
page 16