OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2023 To 31[st] March 2024

Charity name: Sedgley and District Community Association

Charity registration number 516606

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To promote educational,
recreational and vocational
activities for the community at
large by activities run directly by
the Association and the provision
of rooms for hire to other
organisations and private
individuals
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
SDCA run directly a gardening
club, over 50's, two bridge clubs
and an active retirement group.
We hold and open other events
throughout the year including
concerts, flower and vegetable
show, fayres and lunches. Groups
meet regularlyon thepremises.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Not recently

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38

Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The main achievements for the 12 months
to the 31stMarch 2024 have been
1.
to keep the premises in good order
2.
for the SDCA to maintain a
reasonable fnancial positon.
3. To contnue to provide good
facilites for the various groups and
individuals from the community to
use
.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41

Completion and payment in full for new
boiler and pipework.
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 SDCA has a positive bank balance at the
31stof March 2024.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Reserves as such are not held but the
policy is to maintain a positive bank
balance so that all commitments can be
met.
Amount of reserves held Para 1.22 See above
Reasons for holding zero
reserves
Para 1.22 Not applicable
Details of fund materially in
deficit
Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Not applicable

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47

Hire of the facilities and membership fees
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
No change to previous year
Type of governing document
(trust deed, royal charter)
Para 1.25 No change to previous year
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 No change to previous year
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 No change to previous year

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees

Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charityname Sedgley and District Community Association
Other name the charity uses Not applicable
Registered charity number 516606
Charity’s principal address Ladies Walk, Sedgley, West Midlands, DY3 3UA

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Brian Guest Chairman
Robert Ferris Secretary
David Jukes Treasurer

– Corporate trustees names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Not applicable

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) David Jukes

Full name(s) David Edward Jukes

Position (eg Secretary, Treasurer Chair, etc)

Date

17[th] January 2025

SEDGLEY AND DISTRIcf COMMUNrrY ASSOCIATION. Balance sheet for year ending 3 1st March 2024 Cbarity No 516606 Income as book (inc OB) Opening Balance Income for year inc transfer Transfer from Savings Account Net income for year 42.521.36 10,433.29 32,088.07 £ 32,088.07 £ 32,088.07 £ 32,088.07 Expenditure as Ix)ok Transfer to Savings Account Expenditure for year £ 31,329.59 £ 31.329.59 £ 31,329.59 £ 31,329.59 Current Account brought forward Current Account carried forward Surplusldeficit on Current Account £ 10,433.29 £ 11,191.77 758.48 758.48 758.48 Credit Union Account brought forward Transfer tolfrom Savings Account Credit Union Account carried forward Surplus on Savings Account 5.090.33 5,090.33 Total surplus / deficit for year 758.48 Entries checked to Bank Statementsand Income l Ex￿ltUre records provided. In my opinion the accounts show & true and accurate record of the income and expenditure for the association for the year ended 3110312024 Examiner: Sections hold money for the nmllll￿ of their groups. The money reverts to the Association should the group cease to meet and therefore is recorded Er]ow as an asset. Section accounts are not scnrtinised by th¢ Association Treasurer or Independent Examiner. SECTION RESERVES AT JANUARY 1st 2024 estimated 1,500.00 I,000.(Mi I,(M)O.(M) I,000.(K) 4,5(10.00 2023 2022 2,116.10 not available not available not available ACTIVE RETIREMENT GARDEN￿G CLUB OVER FIFTIES THURSDAY a￿1 Friday BRIDGE CLUB TOTAL 1500 1000 1000 1000 £ 4,500.00