HURST COMMUNITY ASSOCIATION Trustees Report and Accounts for the Year Ended 31st March 2024 Pffje1
HURST COMMUNITY ASSOCIAMON CHARITY INFQ0m El•cted TDJgt4•• •nd eU11¥• Commltt•O Fth Mr Rnlard knt4 M$ Natslie Ly MrJame5 Andrewcochrane Mr Th•kw $2112S 14 street Ashton unller Ly OL6 9PX IlrYtwlr8 CTAA OL5 OJA Pag• 2
TnMt•••' Report stthm•nt of Flnanclal Acti1* P4¢3
HURST GOMMUNITY AsSlATI1)N TRUSTEÈS. REPORT FOR THE YEAR ENtYEO 31ST IAIRCH 2024 Tho TAlts EX•xl Ctyxmittl preeenl their r•wt thfrxuths Sxlhe ended 31st 2024. and aprxMtmeni oflt execLrfryo isgMm•d by the wnstilub(Mi offv Cwty. Invesimert POVA The t1 deed author0•81111teSs 10 n18ke8nJ hold inv•sim•nts ff¥4 carity Cotitu110n. obiActsand polk ClwttthTn15t Is roistthjhy by Trust De¥1. bè twof prwling trAi)IfJ. activities, arL oJltLYe, ¥Kwts 8Tr1 rv•>0& ana FIn•n¢1 e ¢ottinuing effeort5 to mrdè fu y(¥WfKJ athibes c1¥1ra the mwnwnan¢• Lyxts hkn• •J suLressfL Co6h • W tofrJTrJ dtr•Wwl8 8nd for day to¢ uiroments, Stat•m•nt oftnK8tse¥' r#wMltyIrt• Th• lrnstees rewir•J th• Charpbes Act 1993 to pror• Iln•Na&t st81W7tseaCth ffiillndal which gtve ¥ fair cTh•rrty's finanoal rand Of its finan21 at ofthe . In Waringfina siw•ts y¥i¥J a fairvith¥. the tru$lee$ Ihat (irty wll wntsnu• in operthon. Tho trwtew we tElIe for kewrvJ aLLxJunling reoscx)ab accura pcth ofthothqnty and vthich •noble lo thè finwoBI &th0n oflh clwty 8ThJ enabbthem to en¥ur•th81 thtrfina wlh law ar reuL4Wkn Thoy Are 8150 reswn$itd•fr ¥afegJarth"rvJ tt gs2ets ol ts ¢h•riiy eno iaklrg Approv•1 Thi8 rèportp?j TfU%t•ai •wJ WJ ihthrthall r Fh P•3a 4
HURST COMMUNITY ASSO¢IAnON INDEPEPIDENT EXAMINER'S REPORT FOR THE YEAR ENOED 31ST kt4RCH 202 R¢¥pectrYg R•8pon•lblll¢8 •nd Examin•r Tho¢h$tiW$ Itusle•a are resppnsible for lh8 prop8ratN of IheAccounts Thechanty tsu$iees consKJ8rtnai an 4udil Is wullad th18 yeor lundwwb(Mi 4x21 of the Charthe#Ad 1993 Ith8 1993 Adl, that an IndepeThYent exarninabon va nee¥•J. i$iw re¥É¥wblrty 10 B••l• ol Irbdop8nd•nt Examln•Vs Stst•m•tht Ourèx&minalronw8s carried OLkt In 8cw¢8nc¢ wlh General Directkns given by the Charfty Cornfflis5K)n exarniMn InrJL#10$8 revw oflF a(nts Id5 kept by (8nty a ¢wFori8Tr7 oflho y•th•d Indppgnd•nt exomln•¢• St•tsm•nt In tho r$+ of(wrwmln•utyi. no matterTha* cornotoour attent. cnirte1 TaxAyV 8 tsksfDDt Drive. 801•Y. Ashton er Ly OL5 9JA D•tr. Page 5
RSTCOklMUNtrY ASSCQAIION BALANCE SHEEI AS AT 31ST PAARCH 2D24 2024 FIXED ASSETS LoTrJ, 8ulk1uw$ & Euuikwmnt •t v•luabon 1,085,CQ) 1.1185.C CURRENT ASSErs Cash at Bank Curr•nt Account Current Account IUnrestri¢tedl (Reslrictedl 9.631 40.(h)O 6.700 40,000 49,631 1,134,631 46,700 1.131.700 CURRENT LIAeiLITIES Credttors 1,212 1.134.451 1.130.488 CAPITAL AND RESERVES Unr••trl¢ted Funds G&naral Fund Bal Tr8n$frrto Contingency Fufid Trnnsfer from 8uJry Fund Surplusl (- IDofi¢t lor thg Or Bal QFwJ R•Atrf¢i•d Funds Bu119 Fund 9.702 3.3 4.214 9.451 851 WFwd Tr¥n$fer to General Fund 1.W,OtrJ 1.085,OC4) 1.085,0 1.085,Cts) Contlnyncy Fund 881 BTrJ Tr•nsfÈrtriwn Genernl Fund 40.(LKI 1,125,c 40,trJO 1.125,000 1.134481 1,130.488 Appro¥¢d by the Twstees.. ma Ftsh Chawpers¢)n TTeaSUfer Pag• 8
HURST COMMUNITY ASSOCIATION STATEMENT OF FIPiAMCIALACnVlnES FQR THE YE ENDED 31ST 2D24 Unrn•trlth¢ R•thct•d F Tolal FundB Tot41 Funds 2023 INCOMING RESOURCES Rents, Bwk4rffJ8 and Cribu1 21.842 9,071 21.842 9.071 25.375 9.783 Tot•1 Incom• r••oure•8 30,913 30.913 35,158 RESOURCES EXPENDEO C8ntre pla[¥1$18r Seek$ InsFertth and kn¢xnr Ckaning Exper Water and Swr8ge nsuranct Rates Light and H¢ '. R•pairs and Maint8nan¢ EquMent rePCnt Ttkphone Sundry Eytna•B 1,2 2.370 967 5,138 2,891 3,310 538 10,528 ,270 4.318 352 8,C61 2.777 3,750 207 5,920 fj.l 3,750 207 5.920 4.896 715 715 197 197 26.950 26,950 9.372 NET SURPLUS I I.) DEFICIT FOR THE YEAR 3.3 4.214 T¢t•l fiJTrJ8 ht forw Fufvjs transferred lo Re$trttvAI fuTrls for witin9cleS FuTrJs transferred from Building Fund FUNOS CARRIED FORWARD 9.702 1.125.COI 1.130.488 1,134.702 13,886 1.125,000 1 134,451 1,130.488 Th•r¢ no unwnoed gairts or b)s#•s for 2023 or 2024 othfjf thkn those inc4wJgd in thi% St*emeTrt of Fmano81 Athity Page 7
HURST COMMUNITY ASSOCIAM014 MOTES TO THE AecouNTS FIJR YEAR ENDED 315T IARCH 20 1.1 Basb of pr•parytl4M of accounty. $¢¢wnl8 or8 sK¢pared und¢r th• cost (oi¥enliin in wnrdance th •pplic&4 Prw 8ThJ LryCh8nt ISORP 2W51 la T•ry6ble flx•d u••t• lor th• chartty and dApr•cL•Uon th•reon. T8ryitrJB fixed 86$8ts uwj bythe chpnty In llIng its mftin cantBble 0tr4"e&ives, •i and depreoal8d. Ag most of Ihe fiure8 are p¢ManI pan of the building, rm) deprecJ8bon is ch8rgod. HL¥ver, Y rgp8k•rnenl cost fullyehaffjad as repair ana MalSnar. 1.1 Lthbi 1.4 Incoffllng mOUf¢M- It0m• Inc4Jrne rwnwd ¥%then the thèniy bEctsmots enth1 to thtr rowc. IFu5teBs ire rtLyc9rta they wll mcewti thtr r6aourr• •nd Ihe monbtary mga¥ured wth ffil>enl relthlrty. 1J V¥luo added tax Value added tax 1$ not r8weBbb by th• c8rity. Bnd as suth its induded in the rgl•vwl coJt• in the &tstertrfoI firt•81 AMlies. 1.3 Gqn2rn1 There no relBi&J p•rt.