## **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
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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