```
REGISTERED CHARITY NUMBER: 308326
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
```
## **`FOR`**
## **`GREENHITHE COMMUNITY ASSOCIATION`**
```
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023`**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11
**----- End of picture text -----**
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December2023. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
```
Thetrusteesarepleasedwith2023andareconfidentaswemoveinto2024wecancontinuetoinvestinthe community
centre to ensure it remains fit for purpose and reduces operating costs.
```
```
Thefirstphaseofmajorupgradeshavetakenplacein2023tothecommitteeroom,thedisabledtoiletsand the
cloakroom area.
```
```
The trustees have already seen cost savings in terms of cleaning and heating in these areas.
```
```
ThetrusteeshaveworkedextensivelywithKentFireServicesinensuringthecentrehasrobustfireplansandmeets all
current legislation.
```
```
Focus for 2024:
```
```
- Increase income
```
- `Upgrade the toilets`
- `Review overheads`
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
At the year end the charity had £40,594 in reserves (2022 - £32,310) .
```
## **`Reserves policy`**
```
The trustees aim to hold at least six months of expenses in reserves.
```
## **`Going concern`**
```
The Trustees currently have no concerns regarding the future of the charity.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
```
## **`Charity constitution`**
```
The charity is an unincorporated association.
```
## **`Recruitment and appointment of new trustees`**
```
New trustees are appointed by means of a majority vote of the existing board of trustees.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
308326
```
## **`Principal address`**
```
Greenhithe Community Centre
Alexander Road
Greenhithe
Kent
DA9 9HH
```
```
Page 1
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023`**
## **`Trustees`**
```
G Keeling Chair
D J Mote
Mrs A Ward
R Weller
A Waydick
Cllr L Howes
Cllr P Harman
```
## **`Independent Examiner`**
```
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
```
```
Approved by order of the board of trustees on 11 December 2024 and signed on its behalf by:
```
```
G Keeling - Trustee
```
```
Page 2
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GREENHITHE COMMUNITY ASSOCIATION
```
## **`Independent examiner's report to the trustees of Greenhithe Community Association`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofGreenhitheCommunityAssociation(theTrust) for
the year ended 31 December 2023.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarrying out
myexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Claire M Ralph
```
```
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
```
```
6 January 2025
```
```
Page 3
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`Community Centre`
`37,104`
`10,000`
`Investment income`
`2`
`265`
`-`
`Other income`
`60`
`-`
**`Total`**
`37,429`
`10,000`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Community Centre`
`37,145`
`2,000`
**`NET INCOME/(EXPENDITURE)`**
`284`
`8,000`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`32,310`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`32,594`
`8,000`|`2023`
`Total`
`funds`
`£`
`47,104`
`265`
`60`
`47,429`
`39,145`
`8,284`
`32,310`
`40,594`|`2022`
`Total`
`funds`
`£`
`42,698`
`26`
`100`
`42,824`
`44,367`
`(1,543)`
`33,853`
`32,310`|
|---|---|---|
```
The notes form part of these financial statements
```
```
Page 4
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`BALANCE SHEET 31 DECEMBER 2023`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`7`
`22,414`
`8,000`
**`CURRENT ASSETS`**
`Debtors`
`8`
`3,884`
`-`
`Cash at bank`
`7,396`
`-`
`11,280`
`-`
**`CREDITORS`**
`Amounts falling due within one year`
`9`
`(1,100)`
`-`
**`NET CURRENT ASSETS`**
`10,180`
`-`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`32,594`
`8,000`
**`NET ASSETS`**
`32,594`
`8,000`
**`FUNDS`**
`10`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`2023`
`Total`
`funds`
`£`
`30,414`
`3,884`
`7,396`
`11,280`
`(1,100)`
`10,180`
`40,594`
`40,594`
`32,594`
`8,000`
`40,594`|`2022`
`Total`
`funds`
`£`
`8,362`
`3,197`
`22,953`
`26,150`
`(2,202)`
`23,948`
`32,310`
`32,310`
`32,310`
`-`
`32,310`|
|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon11December2024 and
were signed on its behalf by:
```
```
G Keeling - Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act 2011. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
```
```
Fixtures and fittings
```
## `- 20% on cost`
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`2. INVESTMENT INCOME`**
|**`INVESTMENT INCOME`**|||
|---|---|---|
||`2023`|`2022`|
||`£`|`£`|
|`Deposit account interest`|`265`|`26`|
## **`3. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2023norforthe year
ended 31 December 2022.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31December2023norfortheyear ended
31 December 2022.
```
```
continued...
```
```
Page 6
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023`**
## **`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`Community Centre`
`42,698`
`-`
`Investment income`
`26`
`-`
`Other income`
`100`
`-`
**`Total`**
`42,824`
`-`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Community Centre`
`44,367`
`-`
**`NET INCOME/(EXPENDITURE)`**
`(1,543)`
`-`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`33,853`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`32,310`
`-`|`Total`
`funds`
`£`
`42,698`
`26`
`100`
`42,824`
`44,367`
`(1,543)`
`33,853`
`32,310`|
|---|---|
## **`5. INDEPENDENT EXAMINER'S FEE`**
```
Inrespectofthe£990(2022:£960)payabletotheindependentexaminerfortheyear,£295(2022:£275)is for
the independent examination and £695 (2022 : £685) relates to accountancy services.
```
## **`6. STAFF SALARIES`**
```
There were no salaries paid by the charity for the year ended 31st December 2023 (2022 : £0).
```
## **`7. TANGIBLE FIXED ASSETS`**
|**`COST`**
`At 1 January 2023`
`Additions`
`At 31 December 2023`
**`DEPRECIATION`**
`At 1 January 2023`
`Charge for year`
`At 31 December 2023`
**`NET BOOK VALUE`**
`At 31 December 2023`
`At 31 December 2022`|`Fixtures`
`and`
`fittings`
`£`
`38,881`
`30,178`|
|---|---|
||`69,059`|
||`30,519`
`8,126`|
||`38,645`|
||`30,414`|
||`8,362`|
```
continued...
```
```
Page 7
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023`**
## **`8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
||||`2023`|`2022`|
|---|---|---|---|---|
||||`£`|`£`|
||`Trade debtors`||`3,009`|`2,551`|
||`Prepayments and accrued income`||`875`|`646`|
||||`3,884`|`3,197`|
|**`9.`**|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||
||||`2023`|`2022`|
||||`£`|`£`|
||`Trade creditors`||`140`|`1,153`|
||`Other creditors`||`960`|`1,049`|
||||`1,100`|`2,202`|
|**`10.`**|**`MOVEMENT IN FUNDS`**||||
||||`Net`||
||||`movement`|`At`|
|||`At 1.1.23`|`in funds`|`31.12.23`|
|||`£`|`£`|`£`|
||**`Unrestricted funds`**||||
||`General fund`|`32,310`|`284`|`32,594`|
||**`Restricted funds`**||||
||`Refurbishment fund`|`-`|`8,000`|`8,000`|
||**`TOTAL FUNDS`**|`32,310`|`8,284`|`40,594`|
||`Net movement in funds, included in the above are as follows:`||||
|||`Incoming`|`Resources`|`Movement`|
|||`resources`|`expended`|`in funds`|
|||`£`|`£`|`£`|
||**`Unrestricted funds`**||||
||`General fund`|`37,429`|`(37,145)`|`284`|
||**`Restricted funds`**||||
||`Refurbishment fund`|`10,000`|`(2,000)`|`8,000`|
||**`TOTAL FUNDS`**|`47,429`|`(39,145)`|`8,284`|
||**`Comparatives for movement in funds`**||||
||||`Net`||
||||`movement`|`At`|
|||`At 1.1.22`|`in funds`|`31.12.22`|
|||`£`|`£`|`£`|
||**`Unrestricted funds`**||||
||`General fund`|`33,853`|`(1,543)`|`32,310`|
||**`TOTAL FUNDS`**|`33,853`|`(1,543)`|`32,310`|
```
continued...
```
```
Page 8
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
```
## **`10. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`42,824`|`(44,367)`|`(1,543)`|
|**`TOTAL FUNDS`**|`42,824`|`(44,367)`|`(1,543)`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|||`Net`||
|---|---|---|---|
|||`movement`|`At`|
||`At 1.1.22`|`in funds`|`31.12.23`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`33,853`|`(1,259)`|`32,594`|
|**`Restricted funds`**||||
|`Refurbishment fund`|`-`|`8,000`|`8,000`|
|**`TOTAL FUNDS`**|`33,853`|`6,741`|`40,594`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`80,253`|`(81,512)`|`(1,259)`|
|**`Restricted funds`**||||
|`Refurbishment fund`|`10,000`|`(2,000)`|`8,000`|
|**`TOTAL FUNDS`**|`90,253`|`(83,512)`|`6,741`|
## `Refurbishment Fund`
```
TherefurbishmentfundisfundedbytheNationalLotteryCommunityFundtoenabletherefurbishmentof the
community centre.
```
```
continued...
```
```
Page 9
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023`**
## **`11. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 December 2023.
```
```
Page 10
```
```
GREENHITHE COMMUNITY ASSOCIATION
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023`**
||`2023`|`2022`|
|---|---|---|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Investment income`**|||
|`Deposit account interest`|`265`|`26`|
|**`Charitable activities`**|||
|`Rental Income`|`37,104`|`40,031`|
|`Grants`|`10,000`|`2,667`|
||`47,104`|`42,698`|
|**`Other income`**|||
|`Other income`|`60`|`100`|
|**`Total incoming resources`**|`47,429`|`42,824`|
|**`EXPENDITURE`**|||
|**`Charitable activities`**|||
|`Rates and water`|`1,431`|`38`|
|`Insurance`|`878`|`1,185`|
|`Light and heat`|`4,930`|`2,533`|
|`Telephone`|`351`|`72`|
|`Advertising`|`101`|`634`|
|`Cleaning`|`13,114`|`15,838`|
|`Refuse collection`|`1,351`|`1,343`|
|`Hygiene`|`1,269`|`1,128`|
|`Repairs and maintenance`|`5,532`|`15,985`|
|`Computer costs`|`809`|`837`|
|`Sundry expenses`|`220`|`105`|
|`Depreciation of tangible fixed assets`|`8,126`|`3,630`|
||`38,112`|`43,328`|
|**`Support costs`**|||
|**`Management`**|||
|`Postage and stationery`|`28`|`68`|
|**`Finance`**|||
|`Bank charges`|`15`|`11`|
|**`Other`**|||
|`Accountancy`|`990`|`960`|
|`Total resources expended`|`39,145`|`44,367`|
|**`Net income/(expenditure)`**|`8,284`|`(1,543)`|
```
This page does not form part of the statutory financial statements
```
```
Page 11
```