WEAVERHAM COMMUNITY ASSOCIATION Registered charity number 518500 Annual Report and financial statement for year ending 30 September 2023
Trustees John Freeman (chairman) Niall Phillips (secretary) Gillian Edwards
Principal Office Weaverham Community Centre Russet Road Weaverham NORTHWICH CW8 3HY Telephone 01606 854088
The trustees present their annual report and financial statement for the ended 30th September 2023.
The Charity was constituted under a trust deed dated 13[th] October 2002. To promote the benefits of the people and neighbourhood of Weaverham without discrimination of sex, political, religious or otherer opinions by associating local authority, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupations with the object of improving the conditions of the life for said inhabitants.
To establish or to secure the establishment of a Community Centre and to maintain and manage or co-operate with any local statutory in the maintenance and management of such a centre for activities promoted by the Association and its constituent bodies in the furtherance of the above objects.
The Charity seeks to further these objectives by:
Sport and Leisure facilities to the community and neighbouring isolated communities. Education and advice.
Training and support to young people.
Provide a safe environment for the young, elderly ad vulnerable.
Trustee Induction and Training
The induction process involves an interview with the nominated person, followed by a structured induction session, which includes confidentiality, equal opportunities and. DBS checks. All employees, advisers, trustees, committee members and volunteers are made aware of their obligations.
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Financial results
Overall income was £34,566 and expenditure £52,073 resulting in an operating loss of £17,507. This was mainly due to resurfacing the sports hall floor at a cost of £6920 and gradual recovery from Covid restrictions.
Reserves Policy
The management committee of the Charity has a reserves policy consisting of reserves for one year’s income. The committee is acutely aware of the financial constraints within which they must work and constantly monitor position
Risk management
The Trustees review the major risks which the Charity faces on a regular basis and believe that maintaining the free reserves at a level indicated above, combined with internal financial control systems in operation, will provide sufficient resources in the event of adverse conditions. The trustees examine the major risks that the Charity faces each financial year when preparing and updating the strategic plan.
Chairman’s review
We continued to recover from Covid restrictions holding our normal events free to the community including the Pensioners’ Party, Rose Fete, Village Show and Children’s Summer Holiday Club.
The Trustees express their sincere thanks and appreciation to our staff throughout the year and the many volunteers who helped.
John Freeman
John J C Freeman
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Report of the Trustees for the year ended 30[th] September
Statement of trustees’ responsibilities
Under the Charities Act 1993, the trustees are required to prepare a statement of accounts for each financial year which gives a true and fair view of the state of affairs of the Charity at the end of the financial year and of the incoming resources and application of resources in the year. In preparing the statement, the trustees are required to:
Select suitable accounting policies and apply them consistently, make judgements and estimates that are reasonable and prudent state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the statement of accounts, prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue its operations.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position the of the Charity at that time and to enable the trustees to insure that any statement of accounts prepared by them complies with the regulations under Section 42(1) of the Charites Act 1993. They are also responsible for safeguarding the Charities assets and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.
On behalf of the Trustees
John Freeman
John J C Freeman – chairman
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Independent Examiner’s Report to the trustees of Weaverham Community Assication
I report on the account trustees and examiners of the Charity for the year ended 30th September 2023 which are set out of pages 5 to 10
Respective responsibilities of trustees and examiner
The Charities trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year under Section43(2) of the Charities Act 1993 and that an indepent exmination is needed.
It is my responsibility to:
Examine the accounts under Section 43(3)(a) of the 1993 Act, to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act and to state whether particular matters have come to my attention.
Basis of Indepent Examiner’s report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would by requires in an audit and consequently I do not express an audit opinion on the view given by the accounts.
Indepent Examiner’s statement
In connection with accounts examination, no matters have come to my attention which gives me reasonable cause to believe that in any material respect that requirements, to keep accounting records in accordance with Section 41 of the 1993 Act and to prepare accounts with accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met or to which, in my opinion, attention should by drawn in order to enable a proper understanding of the accounts to be reached.
Accounts for year ending 30[th] September 2023
| Income | £ | |
|---|---|---|
| Lettings | 34161 | |
| Interest | 405 | |
| Total | 34566 | |
| Expenditure | ||
| Salaries | 33822 | |
| Pension contributions | 1560 | |
| Insurance | 2496 | |
| Stationery | 141 | |
| Telephone and internet | 612 | |
| Gas, electricity and water | 3985 | |
| New sports hall foor | 6840 | |
| Licenses | 2494 | |
| Sundry items | 123 | |
| 52073 | ||
| Expenditure less income | 17507 | |
| Cash balances | 30thSeptember 2022 | 30thSeptember 2023 |
| £ | £ | |
| Current accochard Morgan | certifythat the informationpresented to meare a true | |
| and fair viewunt 40891149 | 14336 | 6424 |
| Current account 30137219 | 16201 | 6201 |
| Savings account 90807826 | 61606 | 62011 |
| Total | 92143 | 74636 |
I, Adrian Richard Morgan certify that the information presented to me are a true and fair view of Weaverham Community Association’s Income and Expenditure.
Adrian R Morgan
Adrian R Morgan MCIPS ICM (grad)