HURST COMMUNITY ASSOCIATION
Trustees Report and Accounts
for the Year Ended 31st March 2024
Pffje1

HURST COMMUNITY ASSOCIAMON
CHARITY INFQ￿￿￿0m
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 Acti￿1￿*
P4¢3

HURST GOMMUNITY AsS￿lATI1)N
TRUSTEÈS. REPORT
FOR THE YEAR ENtYEO 31ST IAIRCH 2024
Tho TA￿lts EX•xl￿ Ctyxmitt*l preeenl their r•wt thfrxuths Sxlhe ended
31st 2024.
and aprxMtmeni oflt* execLrfryo isgMm•d by the wnstilub(Mi offv Cwty.
Invesimert POVA
The t￿￿1 deed author0•81￿111￿teSs 10 n18ke8nJ hold inv•sim•nts ￿ff¥4
c*arity
Co￿titu110n. obiActsand polk
ClwttthTn15t Is roistthjhy by Trust De¥1. bè twof prwling
trAi)If*J. activities, arL oJltLYe, ¥Kwts 8Tr1 rv•>0&￿ ana
FIn•n¢￿1 ￿e￿
¢ottinuing effeort5 to mrdè fu￿ *y(¥WfKJ athibes c￿1¥￿1r￿a 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 pro￿r• Iln•Na&t st81W7￿tseaCth ffiillndal
which gtve ¥ fair cTh•rrty's finanoal ￿rand Of its finan￿21
at ofthe ￿. In Wa￿ringfina￿￿ si*w•ts y¥i¥J a fairvith¥. the tru$lee$
Ihat (*i*rty wll wntsnu• in operthon.
Tho trwtew we tE￿￿lIe 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 rèport￿*￿p￿?j TfU%t•ai •wJ WJ
ihthrt*hall
r* F*h
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 prop8rat￿N 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
exarniM￿n InrJL#10$8 revw oflF* a(￿nts￿ I￿￿d5 kept by ￿(￿8nty a ¢wFori8Tr7 oflho y•th•d
Indppgnd•nt exomln•¢• St•tsm•nt
In tho ￿r$+ of(wrwmln•utyi. no matterTha* cornotoour attent￿.
cnirte￿1 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$frrto Contingency Fufid
Trnnsfer from 8u*Jry Fund
Surplusl (- IDofi¢t lor thg ￿Or
Bal QFwJ
R•Atrf¢i•d Funds
Bu1￿1￿9 Fund
9.702
3.￿3
4.214
9.451
851 WFwd
Tr¥n$fer to General Fund
1.W,OtrJ
1.085,OC4)
1.085,0
1.085,Cts)
Contlnyncy Fund
881 BTr*J
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 C￿ribu1
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¢*
Equ￿Ment reP￿C￿￿nt
Ttkphone
Sundry Eyt*na•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 witin9￿cleS
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 IA*RCH 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$8ts uwj bythe chpnty In ￿￿llIng its mftin c*antBble 0tr4"e&ives, •i
and depreoal8d. Ag most of Ihe fi*ure8 are p¢Ma￿nI pan of the building, rm) deprecJ8bon is ch8rgod.
HL¥￿ver, ￿Y rgp8k•rnenl cost ￿ fullyehaffjad as repair ana Ma￿lSnar￿.
1.1 Lthbi
1.4 Incoffllng mOUf¢M- It￿0m•
Inc4Jrne ￿ rwnwd ¥%then the thèniy bEctsmots enth1￿ to thtr rowc￿. IFu5teBs ire ￿rtL￿￿yc9rta￿ they wll mcewti thtr r6aourr*• •nd
Ihe monbtary mga¥ured wth ￿ffil>enl relthlrty.
1J V¥luo added tax
Value added tax 1$ not r8weBbb by th• c*8rity. Bnd as suth its induded in the rgl•vwl coJt• in
the &tstert*rfoI firt•￿81 *AMlies.
1.3 Gqn2rn1
There no relBi&J p•rt*.