HAINAI'LT TrORESTI'OMMIINfrY ASSOC'IATIO RLPORT AND fr'IliANflAI. STAT&.MkNTS OR THL YEAR F.NDkD JISIT MARI'II 2024 Charity NO: 308119 HAINAI'I.T FOR&:ST C"OMNIIINITI' ASSOC'I,ITlnN coN"rb'NI .wl and ..Idministr*tiv¢ Informatio Report of ihe Trnstees Rtptsrt of the l￿dependen• Tr.xaminer *it*temen¢ of C'ompr¢hen$ive In¢ome Siilemtfyl of I'hani¢s in Restrves S¢•iemenl of Trlnan¢i•l Po%ition St&temtn¢ of C'ashlhwi Nolej Trormin% P4rt of Ib¢ Tr'inancial Sl*l¢menti 13 HAIYAI,'LT FOREST I.'OMMI:NITY ASSO('.IATIOY LEGAI, AND ADMINISTK4TIVE INFORMATION OR THE YEAR ENDED 31ST MARC'.H 202$ P*2e I Trn$tttJ Chair Ms L Cray Vice Chair Mr l. Heffemtsn {io Ck'tolK'r 2025) Mr S Rainey (from ()(lo￿r 2025) Tr¢￿urer Mr CJ P8PWOrth Ifrom October 2025 10 January 2026) Mi551th Farrell (from January 2026) Se¢rclary Ms J Ilurl¥y (from 5epiemt￿¥r 2024 O¢iob¢r 20251 Mrs S Burton (from Ikiober 2025) Ms J Win8 CIIT M Santos Ilo April 20251 C'llr J Il¢hir April 2025 C Ilr R l.mmett {to April 2025> Cllr S Ali (lo April 2025> Cllr S Ciould {lo April 2025) Cllr l. Rahman (to April 2025) Miss l.. l.arrell Ifrom No%'cmber 20241 Mrs K Rain¢y (from I￿,￿￿r 20241 Mr K IA)vie (from {k￿ber 2024) Mr l. I lany Ifrom Novl'rnbcr 2024 to I'¢.bru8ry 2U25} Mr R I lardinwn Ilrom ()¢iok.r 2U24 10 Oclobcr 20251 Mr l) JonLS {from ()Cto￿T 2024 10 ScplLmbL'r 2025) Ms J IlurlL'y {from CklobL'r 2025} Mr Ci l.ivernK)rc Ifrom January 2026) Mr P SimnM)ns Ilrom January 2026) C Ilr 11 Mullis Ifrom January 2026) Mr 11 Forb¢s Ilrom January 2026) IloldiTri Trnittti Mrs I Webb Ito frebruary 20251 Mr D 'lowor (to I'l'bruary 2025) Prin¢ip•l oir IOOB Manford Way, Chi8well, 1,'$3ex. IG7 4DF Independent kx*mlner I￿rraIn¢ Cath¢rin¢ Purdy FCLA Clay Ratnag¢ Daffin & Co l.imi*d ChartL'rLd Accounlanls and Stsiuiory AuditOT5 Suitc l). 'lThc Bu5ine55 CLnlre Faringdon Avenuc Romford .ssex RM3 8EN nk¢rJ Lloyd5 Bank Pl¢. 1-3 Markei Place. Romford. F.sscx. RM13AA REPORT OF THE TRLSTEES OF HAINAL'LT FOREST COMMI,NITY ASSOCIATION FOR THE YEAR ENDED 31ST MARCH 2025 P#8t 2 -l-he tnJsiee8 pres¢ni iheir report alc)ng wilh IIK. lini)llLial *Jl¥mcnis ol'thL ch&wity lor the vcar endL'd 31" March 2025. 'fh¢ finanlial statcmcnls havc bcin prepared in aec()rdancL' wilh ihL' aLLouniing policiLs sei oul on page 9 to 10 and Lomplv ￿lIh the Lhariiv's Irusl dLYd lind appliLable law. C'onsti¢u¢ion and objottlves Ilainault Fore51 C'ommuniiy Aswciaiion 1% LonslituLLd undLr a Irusi dLLd and is a rL'8isicrcd ¢haritv No 308119. 'hL' oh1L￿1$ ofihL ch&iril)' ar< to pn?miTrtL thL. bLnLfii of thL inhabitanls of I lainauli and thL nL'ighhourhDod hy 115SIKiJling ihL Ioc4114uthoriliLS. voluntary. organisalions and inhabitants in Lommc)n L.Ifi)rt io advancc Lducali()n and to proi idc lacilitiL's in ihe intLreslts c)I' ￿}cIal welfJrL l()r rccr¥alii)n L￿d IL'isuri-limL oLcupalion wilh the obje¢1 i)l- impr()ving ihL Conditions of lil¢ Ivr IhL said inhabilants. Or2*nlsational Strn¢lure I'he IruslL¢s who havL SLrvL.J during thc )'¢ar and sinL¥ th¢ >'car Lnd arc SL'I out on pagL. I. 'I'hL' charil>' is administLrLIl by a marbagLmenl Cvmmiltcc. also Set oul ()n pagc l. wh(1 arL LILLlcd al thc Lharily's Annual CJcllLral MLcling. 'I'hL managc'mLlli iommiltLL mLLt rl'gularly lo di8Lu&6 Ihc siaiL' of Ihc chariiy and to dLcidc on Ihl fuiurc dl￿15t0nS Ihal Ih¢' chariiy should iakL. Financial revlew, Aehievements, Performan¢e and Investment Poll¢y 'l-h¥ rL'sulis r()r thL !L'&if 4ir¥ 8L*I (iui in IhL. 4itatLmLnl of C'ompN.h¥nSiVL Inci)mL on pa8¢ J. 'I'hL charity has gcnLraicil income ol- £490,285 during ihc >'car and hos c¥pLnd¢d £510.925. l)uring ihL yLar ihe Lharilv rL'LLivcd grants i)1- £26,28012024.' £26.8501. Ol. Ihc 2025 grants r¥xciv¢d, all WL'N. fr()m thL' l.ondon Ilorough of RLdbridgL. NursL'ry fLL incom¥ for ihis )'L'ar is £378.739 Ll)mpar¢d 10 £332,532 in 2024. Am<)unis paid i() employ¢cs have inLr¢a8cd ihi$ year to £418,568 Irom £.165.1186 in 2024. In¢nmL' Irom nurscry LharBLS h&lS improvLd in 2024-25 duL' io an incr¥JSC in inclusion lunding. Nc) covenanied rL'ceipt ha% bL'cn rL'Lcived In)m IhL. S(Kial C'lub duL lo IhL' impaci of Losl i)l- living prcssurL$ thai havL. been secn across the hospitality induslrv. Mdnagcmeni ci)niinuc ti) laLe thL' ¢hallLnges i?f managing costs in an inflaiionarv Lnvironmcnt, so havc bc¢n wi)rking ivith Ihc managemcnt l¢am 14) d¢vis¢' an action plan lo manage Ihe charily's rLs¢fvL5. 'I'h¢ Lharily h&8 no fulurL plans ihal will alleci th¢ balanLL qhL%'t as at the yc'ar end. nor have iherc b¢¢n any signilicani 1inanLial Iransaciion% sincc IhL balance shcci dalc. "h¥rc ar¢ no reslrictions on th¢ lharitv s powLr io inve3l. R¢5erves Polity At Ihe balancL' shL¢l date the Lharily has unrL'Stri¥t¥d r¢sL'Th'LS 01. £286.790 (2n24 - £327.n3n} . 'l-h¢ commill¢¢' considL'r rLK'ry¢s of no1¢55 than fifty rLrcenl ofihe charitv s running ¢05ts should be held a5 usable res¢rves. REPORT OF THE TRLISTEES OF HAINAULT FOREST C.OMMVNITY ASSOCIATION FOR THE YEAR ENDED 31ST MARCH 2025 Itont Page 3 Rigk management The irusiees hav¢ ¢xamin¢d lh¢ major slraiL'gic, business and opL'ralional risks w'hich the charitv lacLs and Lonfirni thal syslems have been estahlishvd io ¢nabl¢ regular rL'POrts li) be producLd w thai ihL' neLessary .sieps Can taken to lessen ihe risks. Publ1¢ Benelh With reference to the slated objectives and aclivilies, lh¢ iTUSt¢es provid¢ publi¢ beneftt to th¢ residents or Hainauli and the Su￿OU￿dIng area by providing prL-school eduLalion and social w¢llare for re¢rL'aiion and IL'isur¢ lim¢ O¢Lupations whi¢h improN'cs the labric ol. lilc lor th0￿ thal usL' Ihc lacilily. 'l-he iruslees are, accordingly. able 10 confirnl th￿ Ihcy havc complicd wilh 8eciion 4 of Ihe 2006 Lhariiies Acl to have r¢gard io guidancL publish¢d by IhL Charity Lommission. Trustees, regponslbllltles In rel*tlon to the flnancl41 $l¥¢ements 'Ihe irusiLes are responsible Ic?r prL'paring Ih¢. I'rusl¢¢s Annual RLport and ihl linanLial Sial¥m¢nis in aLLordJnc¢ with appliLablL' law and UnitLd Kingdom ALCI)unting Stnndards Illniicd Kingdom Gcncrally ALLL'PtL'd ALcounling PraLliLL). 'I'hc law applicable to charities in F.nglÉind and Walcs r¢quirL's the IruslcL'S lo prcparc financial slulcmLnls for C&iLh rinancial year ivhiLh give a IruL' and fa. ir viLw i)f IhL siaie ol. atlaipa ol'ihL' Lhurily l￿d i)fihL' inL()ming rL'8ourLLs and &ipplicalion of r¢sour¢L's ofih¢ charily for Ihal pLriod. In prl'paring ihos¢ linancial staleml'nts, IhL Irus1¥x￿ iifL rLyuired io: sL'ILYi suilable accouniing policies and thLn apply ihLm LonsislLntly: observe Ihe melhods and principles in Ihc Charities S()RP' makL judgemL'nis and LSlimatLs Ihat ari, N'&8onahlL and prudLni; Sthle wheihLr applicable standards and siai¢mLnis i)I' rL'Lumm¢ndL'd practice have been followLd, 8ubjecl 10 any departures disLloK.d and LxplainL'd in Ihe linancial staiLmLnls.' prepare the linancial siaicmcnis on Ih¢' going LonL'¢rn b&sis unless li is inappropriaiLs io prL'sumL ihat lh¢ ¢harily Ii'ill eontinuv in busines5. The trustees arc r¢sponsibl¢ for k¢¢ping proper a¢couniing re¢ord$ thai dis¢l()se wilh reasonabl¢ ￿¢uralY al any lime thL' financiiil posilion ol'ih¢ khurily and c'nabl¢b them io ¥nsuKi ihat IhL linan¢ial slaiem¢nls kompl} with thL C'harili¢s Act 201 I, lh¢ Charity (Acrounis and RLportsl Rvgulaliuns 2008 and ihL provisic)ns 0l-1hi> Irusl dLYd. They are also rL'spoll5ible for safeguarding lh¢ as￿15 uf Ihe Lharily and h¥ncL lor taking ￿aSonabl￿ stL'PS for lh¢ pr¢vcntion and d¢teclion ol. fraud and oih¥r irr¥gularilics. Approved by ihe Iruslees and signed un Iheir bLhalf on a*JJth 2ozL by: Ms L Cray Chair REPORT OFTIIE 1*DEPE￿DENT E￿￿l￿F.￿ TO TIIF. TRI'sfF.Tr_% OF OTr. IIAI%AI,'I.I' TrM)REST fOYMI.Nin' A&SOCI.4TIO nR TIIE IF.AR E*DF.D 31ST fv1ARI'II 202$ P•it 4 I ItrA)rt 10 IhL' LharbN IWU5*U ¢xamin*ion uf th¢ financwl stsienxrtsts of H*miuli Fthrest C'ommunin As5oriaiion for Ihr )'t8r eDO¢d Il. MaTLh 2075 are w oui Im pagts.S 10 13 Rt%poDyibililies bJJTri of rewrt As Ik wh¥Tity'$ IT￿51¢¢$ •r¢ rtsN)nsibl¢ for the prepaiaiion nf the ac¢ount$ In a¢Ll)r￿￿e wilh the tE4uir¢m¢nts iTrl C'haFili¢s Aci 2011 l-the A¢i'i I r￿.￿￿rt In olmy ¢xalliinalx)n iTrf Ihe &harity's arcounts out S￿lEts￿ 14.5 of lh¢ Ad IA 4rTrifi8 Dui m> ¢¥4mEnBLion I ha￿¢ follow¢d all the appl￿1￿¢ D1reLIIiI￿ Rii¢n by the LharJi> CornmLssion uthr I¥(￿ 1451 Sybi i)1 ihL IndtptDdtoi ey*mintr'$ #t*iemtDI Sini¢ Ihe ¥harit)' 5 gros5 ￿￿[c¢ded £?S0.(KJO y(bUf vxamir￿r mosi bc a rtKmkF of listd in serlion 14$ of lh¢ A¢1. I corÈfirm Ihai l am qualificd to U￿le￿Ikt Ihe ¢￿￿u**It0￿ bcco¥s¢ l #m a n*mbef of Iht ASiocbèi￿n of L"harttred Ccrtifi¢d.4rc()unitnts. wthich is ohc olthe Iksied i¥yJies I hJv¢ comp]atd mv ¢%•MÈtta¢K￿ l confir￿1 Il•1 maienal nutt¢rs have comr ￿ my allenliofi in ¢onn¢£tM with Ihe cx4min¥iMNI 8ivin8 ME iause 10 b¢li¢ve ih*i In I￿. maT¢rwl Ic5￿1 actl)UMing r¢¢ord5 wcre k¢pi in rc5[￿ of ihe chan"ts' a5 l¢quir￿ M. ￿11￿￿ 130 ofih¢.14cl. or Ihc acKovnts do aLcord with tknsL r¢wd5. 3. th¢ ¥cts¥nts th not comply wlih Ihc applLcablt requirc￿*￿Ts miccrning ih¢ forni atsd of 3¢iOUDlS sei ¢)ul in lh¢ C-haTIIic$ 14c¥ounts and Re￿n5> Regylalions 2(M)8 oih¢F ihatt art% Ihai thc oc¢otsNs give 4 'Irw and fair *iL*' HhJ¥h Is noi a manci COELsi&'rLbd ag PArt of an ind¢pendcnl exami￿1￿ I h4v¢ concerns athd halt comc no otk¥ miiws in con[￿tion w41h Iht examinaiion kn wh￿h aNenlion should b¢ this rerK*n in ordcr enabl¢ 4 prow ¥Ddtt5thNJin8of the *£ounts to ￿ rcached Mr% IA)rr*ine C'*ibtriTht Pknrdy Fl'('A C'li> Ra¢nait D*tri* & C-o l.im•ltd fhartered Act•llDl*NIs Sui1¢ r). ITh¢ Elusiness C'¢nii¢ Romford. RM3 ¥1-.N l)ale- 2r JavLQ*y 207 HAINAIILT FOREST COMMI:NITY ASSOC'.IATION srATF.MENT OF C'OMPRF.HF•iYSIVTr: INC'OMfr: FOR THE YE,IR ENDED ON 31ST MARI'II 202.$ I,orestricted Unresiricthl funds Note 2024 INCOME AYD EXPLNDI'fi':RE In¢ome Aetiviliej In further•n¢t of ihe C'h*rlty's obje¢¢s Cirants Received A¢ilvltl¢s for ffenera¢ini (und$: Sundry Inwme Inlercsi R¢¢¢iv¢d 26.280 ?6,8511 46J.604 401 442, ?90 3YI T(tylal ID¢ome 49U.285 40P.537 F.xpenditu C.h*rit*bl¢ exptndlture Mana8Lment and Administrolion 530.925 473.352 'rot*l Lxpendilure 530.925 473,3J2 To¢*1 Comprehenjive bxpenditure for ¢he ve*r 140.6401 (3,815 11,IIN,II'I,T FOR&:f¥T C'OMMI'YITY .ISSOC'IATlnY S'1-A'ffr.MTr-w'r ()Tr C'llANC•Tr;S IN RF.SF.RI'F.S TrOR TIITr: I'F.,IR fr-YDTr:D ON 31SI' M.IRC'II 2024 Pa%¢ 6 ID¢omt Ind Rtjirlcted expendit￿re reserve reserve Tol*l Balan¢c &q at I. April 2024 327,030 327,030 Totsl u)mpr¢hensi*L exp¢ndilurc lor lh¢ yLar 140.6401 (40.6401 Balancc as ai 31° March 2025 286.-190 286.390 HAINAIILT FOREST C'OMMI'YITI, ASSOC'IATION STATEMENT OTr. FINAN('IAI. POSITION AS AT31ST MARCII 2025 P*it 7 IOW ASSETS FIXED ASSF.TS Centre F.quipmeni and F'urnilure IM¢hold Impn)vemcnts 10 10 5,302 213,129 218.431 7.065 2YO.943 C'URRI.'NT ASSk.TS Sundry Debio ank Accounts Lash in Iland Omrd by HFCA ￿141 Club l.imil¢d 2.039 14.495 soo 73,379 90.413 7, ?23 38. 772 Joo 77,31 123,8QS CREDIIORS: duc Mrythin on¥. yLar 'rr￿C Credilor5 Sundry Lredilors 576 21,878 22.454 450 24.333 ?4. 7RJ NE I. C'UKRF.N-I' A55F.TS 67.459 99,02? NET ASSF.TS 286.390 327.n3n SOURCL OF FUNDS A¢¢umulat¢d Fund 286.390 3?7.1)30 Approved by duly authoris¢d nK'mb¥'r5 of ihL Manag ill L CRAY CJ PAPW()R'I'II S BUR'foN Date.. 202L H,IINAI'I.T frORF.,ST ('(IMMI'NfTY ASSO(:IATIO PA8e 8 AS ATJIST M,IRC:112024 2024 C'agh from optraiini *ctiviiies Ncl ¢X￿￿allurC f(br rqx)rtin8 t￿rI(1d <&$ P¢T ihe %tst¢mcni of comprehensive IniomL 140.6401 (3.815) AdjystmtDls for l)Lvr¢ciai￿n chargLS Inlcrc%l rLYwved D¢¢TLas¢/lin¢re&s¢l In d¢btt)r {Ikcr¥wllinircw in Lr¢dili)r% lQ.166 (391) (1,378) 11,?59 14011 12.329} el r45h provided bv I inl operaiini •ctivili 124h781 15.841 C-#%h flow% frow inv¢%iifyi #¢tlvltiei l)Ividthids. InlLrL%l and rLmiS rccciv¢d 1knr¢h0￿ i>l'prop¢rty. plani hnd ¢quipnK'nt 401 (567) el t*Jh In lThw¢silni *ttlvlti¢J 4fj1 (1761 C'h*nie ID ¢*ih Ind fJ&h eq￿1vIlertlI in Ihc r¢portlni period {24277 15.005 Cgih and e*sh equiv*lenl$ 4¢ l#t ,Ipril 2024 J9272 23,607 C•Jh Ind tg8h equivalenti mi Jlit March 21121 39.272 Repre￿nted b).: ('*Jh It b•Nk and in hlthd 39.272 HAINAI,'LT FOREsf Com￿lI1￿1Ty ASWCIATION NOTES TO THE AC.'I'.OiINTS FOR TIIE YEAR ENDED ON 31ST MARC'H 2025 PA#¢ 9 I. ACC.OLNTING TrIL4MEWORK AND ACC'OIINTING POI.I('ILS A¢¢ountiog fr•mework The charity consiituies a public betbefit cntity as defined by FRS 102. The fIn￿KIal $iaiemenis have been prepared in accordance wilh A4'Lounling and Re￿rtIng by C-.harilie5 %taiement of R¢Lomm¢nded Pra¥liC¢ applKabl¢ 10 charJli¢5 pf¢pAriDg ih¢ir accounts in •¢Lorilanc¢ with the Financial K¢portin8 Siandard &ppliLabl< In ihL UK aThJ Republic of Ireland Issued in (k'iober 2019. the frinaniial Re￿nIng Siandard applicable In ih¢ L'nit¢d kinsthm and Republic of Ir¢land IFRS 1021, Ihe Chritjes Act 2011 and UK G¢rtrally Accewed AcLouniin8 Praciic¢. Tr rinarKi41 stsI¢￿￿Trts ar¢ Pr£p￿d on 8 80in8 conc¢rn bjsis und¢r historiGal cosl CL)nvL'niion. Th¢ financial slalcm¢nts are pre5¢ni¢d In si¢rliThB whKh Js tb¢ furKlional currn'ThLI' ol'thk ih4ril* arO found￿ lo th¥ nEark%i £1. b) Cieneral funds ire unrestri¥ied lur#ts which ire availible for use ai ihe disc￿li0n of Ihe Irusle¢s in furfher4n¢¢ ofi B¢n¢rnl obJ¢divts ofihe ¢harity and which ￿ve rtt)i b¢¢n designaid for oiher purywcs lll¢om¢ re¢￿01119 In¢om¢ Is broy8ht into tccounl wh¢n 11 1$ rnore ljkely Ihan not ihat th¢ uonomic ￿nefit ofthe Incornc will rue to the Lh8rLty dl Expt•dllure Thig is reco8nis¢d when a IMbiliPJ is InLurred. or 8 ¢onsiru¥llV¢ obligalion aris¢s. thai rc5u115 In Ihc payment being unavoidabl¢ Liabilities ar¢ rccO8ni￿d as soon as an outllow ofccvnomi¥ IK'n¢fil Is ¢on$iderLd nw)r¢ lik¢l)' than TM)I under th¢ legal or Con51n￿lI￿. obli8alion u)rnmillinB lh¢ Chariiy io pay Olrt r¢sourL¢s. ei TIoRlble fixed imetl Ind depreei•tioo These ire eipitslised ifihey Can be used for I￿re than one y￿r IkpreLiaiioTh is provided on all 14n8iblc fix￿ ass¢ts •¢ raic5 calculaled to wrilc oll. lh¢ cosi ovcr thcir cxpc¥lcd uscful lives is follows CeDtre Equipmeni ond FyrniluT¢ Ixasehold Improvcmenis 25Y• Reducing bilance ILxcludin8 th¢ veTandaCanO￿ - 10 ycars slraighi lin¢) 2% Strai8hl lin Gov¢rDmeJi Graots Grants ore re¢ognised ann￿llY only as and when anv p¢rforman¢¢ ¢otKlilions atia¢hing io the award are met. Government graD15 Include granls rw¢ivabl¢ from l.orvJon Borou8h of Redbr￿ge In res￿1 of Nursery ftts for ¢hildrcn r¢8iSt¢red with thc Charity. liowemmeni 8rnnis received for ¢•pitsl expendilur¢ are reeo8nised as income over Ihe useful life of the a55el and. whw¢ appli¢abl¢. its ittdjvith￿l componems. under ihe accnwls rrM¥J¢l. H.41NAIII.T TrOR Tr.ST COMNII'NII'I. A&S(KIA TI()N 'C)TI.% T() THTr. A('(.'()I'￿Ts FQR TIIF. YF.IR EYDED ON 31ST MARCII 202£ I) VA'I 8ince Ihe C'harity Is noi VA T reBisiercd. all Lnpul VAT is ¢h8rg¢d wilh ih¢ ¢xpcnses which it r¢lai¢s bl ￿e￿orS ADd tredllors: •nd t•sb t)chtLirs are siaied at the amounis owed tts lh¢ ChaTIty OT prepaid. Creditors ar¢ tniithlly r¢co8niscd hi scltltmeiii amounl an&1 #ny trad¢ disrounts. whcr¢ n(irn￿l cr¢dil i¢rnis appl). Of •rnouni advin¢ed ID Ihe C'hariiy %ubsequenily credilofs ihai ar¢ curreni l￿bill11c$ are m¢asutcd ai ik cash or vih¢r ionsidcrali(TrD ¢xpccied 10 b¢ paid. Th¢ Ilquid funds of bank balaThc¢s And deposit ¥c¢ouni balanc¢s aT¢ showrb 81 Ihc reall￿ble values. Th¢ Charily O￿tal¢S a defihcd contrihuiion plan for ils emplov¢¢s A Jefincd ¢oniribuiion pl#n is a ￿nSIon plan und¢1 which Ihc L"harily poys fixLd lonliibuiions Inlo a s¥￿Tal¢ Qnlity. Onc¢ contribulion5 have b¢cn paid Ihe Charily ha5 funh¢r paym¢DI obli8alion$ .1 hc conlribuiions OTC f¢L1J8ni￿d as an LxpLns¢ In ih¢ Si•i¥m¢DI of Compr4h¢nsiv¢ In¢om¢ wh¢ts Ihey f811 due Amuunls patd aw¢ shown in aGrTuil$ as a liBIFilily In Ihe 5taicmeni (Trl Trinat)Lial Po51111Trn 'lThc ass¢is (Ifihe plan are I￿.10 s¢'paralclv liom the C'hariiy In Ind¢￿n￿.￿l1Y admini$lcr¢d ful￿5. •**ntial iDxlrumenlx I'hc C￿Ti￿ only eniers inlo basic lina￿1￿1 In8irumcnl4 transi¢iions that re8uli In thc r¢co8niiion of fiMn¢ial as￿15 and liabilit￿S like irndc Jnd t)ih¢r dcbiors and ¢rcdil(Trrs kl (ioini to*¢¢r 'I'he eh8iiiy's ptrformaTK¢ his been Impscied bv Ihe Covid-19 pandcmic ind subsqueni innilionary environmcni. redLKin8 and in¢rcasirt8 Eibsis al a 518iiili¢ani raie. Mina8enKnl hav¢ d¢vised an a¢tion plan to Imprijve income and mana8¥ ¥osls ar￿ ha%c additional 8raThl fuhdiD8 ti) bolsier ¥ash res¢p4es Ai th¢ lim¢ o(approwin8 Ihc financial sthten*nis, Ihe Irus*¢s hjve rea￿1￿4￿1¢ ¢xpccthiion Ihai ihc ch*rity has ad¢qtsaiL r¢wufccs 10 conlinuc bn opcralio￿l eyisicncc for A perii)d of 12 monihs from ihe appro%al ofihe fiMn¢ial siaierncfiis. In 4rrLvin8 It their ¢orKlusion on 8oinB £onr¢rn. Ihc iruslces havc prc¢Mr¢d a cushflow forccasi through lo 31 January 2027 based on rcasonablc a5$Mmwions and b¢sl c%tim81¢5 of monthly in¢om¢ and ¢xpendilure and reviewed lh¢ charily s curreni level ofra5h r¢servcs I'hg ¢ru$i￿S havc noi Id¢nlificd mai¢rial unrcnainty with regard Io 8o¢ng Lonc¢rn. and ih¢rcfore ¢onlinu¢ 10 adopl lh¢ going ¥onc¢rn basis of•¢counlin8 ID pr¢￿ring ih¢ rinanc￿l stai¢iiKnis 2. (:F.*F.RAI. INFORMATIO Ilainauli For¢¥i Cornmunil>' ASS￿ballO￿ 18 conslitu*d under a trust deed and 15 8 regisler¢d ¢hiTity N(Tr 308119. Thc C-hariiy'% priniipal pla¥¢ ofbusincss 1$ I￿[¥ Manfi)rd Way. C'hi8wcll. l.'ssex. Ili7 4DF J. Jl"D(IF.MENTS IN APPI.YING AC.'('OI'YTINI: Pnl.IC'IF.S AND KF.I' SOI',RI'.FS OF ESTIMATED IIN{'F.RT,IINTI' -rhew are no signifi¢ant Jud8¢DYnts coniaiD¢d in th￿¢ accounts. HAINAL LT FOREST COMMLINITY ASSOCIAI'ION NOTESTOTHE ACCOI',YTS FOR THL I'EAR ENDED ON 31ST MARCH 201 PAge 11 2024 4. GILINTS RECEIVED London Borough of R¢dbridBe 26.280 26.850 26.280 2tf,850 2024 S. SIINDRV IWI.'OME Re8vlar Hir¢ and Room Ilir¢ Membership Fc