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## WESTMINSTER PARK COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS 31 DECEMBER 2022
Charity Number: 503204
Paul Adamson -Treasurer
## WESTMINSTER PARK COMMUNITY ASSOCIATION
## 31 DECEMBER 2022
## Contents
||**Page**|
|---|---|
|Legal and administrative details|1|
|
Trustees’ report|2|
|Independent examiner’s report|4|
|Receipts and payments account|5|
|Statement of Assets and Liabilities|6|
|Notes|7|
1
## WESTMINSTER PARK COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE DETAILS 31 DECEMBER 2022
Charity registration number 503204
Council Phil Williamson Chairman Martin Amesbury Secretary Russell O Neill Simon Rostron Mark Woodall Holding Trustees Paul Adamson Paul Rostron Cliff Tomlinson Principal address Westminster Park Community Centre Five Ashes Road Westminster Park Chester CH4 7QS Bankers Barclays Bank 30 St Werburgh Street Chester CH 1 2DY Independent examiner Rachel Aldridge-Jones (CGMA, ACMA) 143 Lache Lane Chester CH4 7LU
2
## WESTMINSTER PARK COMMUNITY ASSOCIATION TRUSTEES’ REPORT 31 DECEMBER 2022
The Council present their report and the financial statements for the year ended 31 December 2022.The financial statements have been prepared on a receipts and payments basis and comply with the charity’s trust deed.
## **Constitution and object**
The charity was constituted on 4 March 1971 and is a registered charity no: 503204. The object of the charity is to provide a community centre for the use of local residents.
## **Trustees**
The affairs of the Association are managed by the Council of the Association who are listed on page1 together with the Holding Trustees. The officers of the Council are elected at the Annual General Meeting.
## **Review of activities in the year**
The Association got off to a slow start in 2022 in the aftermath of the Covid Crisis. Understandably people were initially reluctant to participate in any of the activities, but this situation gradually eased as the year wore on leaving us in a position of near normality by the end of the period.
The Community Centre continued to be used as a meeting place for various activity groups and organisations as well as a local venue for private functions -it also supported such activities as a bridge club, dance classes, keep fit groups, Weightwatchers, martial arts training, pre-school nursery and the Christian Family Church Group. The Association boasts two local league darts teams and introduced a monthly “Kids Disco” which has proved very popular. A number of private functions were held including Croquet Club, Gardening Group, Resident Association meetings along with wedding parties and christening celebrations.
As normal some charity events were held raising money for a specialist unit of the Countess of Chester Hospital and contributing to a local group concerned with the welfare of the Widows and Widowers of Chester.
An overall successful year in the circumstances post Covid for the Centre and following a programme of redecoration and upgrading of facilities in December we look forward to the coming year and continuing with this.
## **Reserves policy**
It is the policy of the Trustees to maintain unrestricted reserves at a level to cover 6 months expenditure, which equates to approximately £35,000 plus a designated building maintenance fund of £18,000 to be used for major works when required `.` At 31 December 2022 unrestricted reserves were £48,152. The Trustees are confident that the coming year will boost the reserves to the required level.
3
## **Risk management**
The Trustees have reviewed the principal areas of the charity’s operations and considered the major risks in each of those areas. In the opinion of the Trustees, the Association has resources and review systems in place which, under normal circumstances, should allow the risks to be mitigated to an acceptable level in its day to day operation.
## **Statement of Trustees’ responsibilities**
The Trustees are required under charity law to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year.
In preparing these financial statements we are required to:
- select suitable accounting policies and apply them consistently
- make reasonable and prudent judgements and estimates
material departures disclosed and explained in the financial statements
- prepare the financial statements on a going concern basis unless in our view the charity will be unable to continue in business
We are also responsible for:
- keeping proper accounting records
- safeguarding the charity’s assets
- taking reasonable steps for the prevention and detection of fraud
On behalf of the Council
............................................... Phil Williamson - Chairman 22nd March 2023
4
# WESTMINSTER PARK COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT
## TO THE MEMBERS OF WESTMINSTER PARK COMMUNITY ASSOCIATION
I report on the financial statements of Westminster Park Community Association for the year ended 31 December 2022, which are set out on pages 5 to 7.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
............................................... Rachel Aldridge-Jones Independent Examiner 22 March 2023
5
## WESTMINSTER PARK COMMUNITY ASSOCIATION RECEIPTS AND PAYMENTS ACCOUNT
for the year ended 31 December 2022
|**RECEIPTS**
Bar Sales
Machines
Centre Hire
Subscriptions
Socials
Grants
Investment Income
Miscellany
**Total Receipts**
**PAYMENTS**
Bar Purchases
Bar Wage
Stock Checks
Machine Licence
Socials
Misc. Licences
Rent, Rates, Water
Heat and Light
Insurance
Security
Telephone/Internet
Cleaning Material and Wages
Repairs and Maintenance
Darts League/Equip.
Capital Equipment
Miscellaneous
Card Fees
Accountancy
Machine Games Duty
**Total Expenditure**
**Net Receipts over Payments**
**Cash Funds brought forward**
**Cash Funds carried forward**|**Total**
**Unrestricted**
**Funds 2022**
50,491
2,987
17,461
925
630
0
13
38
72,545
29,562
23,496
440
50
1,275
1,111
1,405
3,456
1,166
344
957
8,762
2,514
240
1,582
1,121
273
300
654
78,710
-6,165
54,317
48,152|**Total**
**Unrestricted**
**Funds 2021**
25,587
3,207
11,065
105
285
17,334
5
0|
|---|---|---|
|||57,588|
|||14,664
13,518
430
50
767
339
887
2,701
1,122
299
991
7,872
332
90
0
851
7
275
646|
|||45,841|
|||11,747
42,570|
|||54,317|
6
## WESTMINSTER PARK COMMUNITY ASSOCIATION STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
|**Cash Funds:**
Cash at Bank and in hand
Credit Card
Uncleared on 31st December
**Assets Retained for the Charity's own use:**
Fixed assets net book value
Stock
Debtors
**Liabilities**
Other taxes and Social Security
Accruals|**Total**
**Funds**
**2022**
52,345
-949
-3,244
48,152
10,064
2,780
1,484
14,328
1,429
899
2,328|**Total**
**Funds**
**2021**
55,222
-905|
|---|---|---|
|||54,317|
|||8,482
1,790
1,430|
|||11,702|
|||469
1,521|
|||1,990|
The financial statements were approved by the Council on 22 March 2023 and signed on their behalf by:
…………………………………………………….
P Williamson - Chairman
7
## WESTMINSTER PARK COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS
31 December 2022
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared on a receipts and payments basis in accordance with applicable standards.
## **2. Employees Remuneration**
|**Employees Remuneration**|||
|---|---|---|
||**2022**|**2021**|
|Total Wages (including cleaner)|£30,031|£23,426|
No Trustees have received or are due to receive any remuneration in the year.