2023 ## Trustees Report Not a brilliant year financially. Alas we are still feeling the effects of the change brought about by the COVID pandemic with some people preferring virtual meetings instead of face to face. Despite having an increase in income, due mainly to the increase in the number of children attending the nursery and a necessary increase in our hire rates and charges for use of our premises, our expenditure increased significantly, due in part to the high cost of heating and lighting and an increase in the wage bill. However, despite this we have managed to reduce our deficit of almost £23,000 in 2022 to under £7,000 Having achieved this turn around in our financial situation we are now looking to increase the number of volunteers to hopefully strengthen our dwindling committee and with new interest and commitment and who are dedicated to the well being of the Association. A difficult thing to achieve in this day and age as people tend to have other diversions in their busy lives more so now than when CADWA was formed. Currently we are looking to fulfil the position of Treasurer as after nearly twenty years of volunteering, sadly our Treasurer retired and moved away from the Liverpool area, and the Association’s Hon.Secretary has had to step into this position as an interim measure. Now in our 80[th] year and looking forward to continuing to provide both local residents and those from further afield with the facilities on offer, but that will only happen if we stand by our motto:- _“Sic Vos Non Vobis”… “_ to toil but not for oneself”. W.R.Smyth Trustee CHELWOOD & DISTRicf WELFARE ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Holland & Co. Chartered Accountsnts 1021104 Widnes Road. WKlnes. c￿eshIre. WA8 6AX Tel (0151) 420 6666 Fax (0151) 495 3666 YEAR ENDED 31 DECEMBER 2023 Contents of the Financial Statements for the Year Ended 31° December 2023 Page Statement of Management Committe¥s Restx)nsibilitie5 Independent Accountsnts Report Statement of Financial Activitses Balan￿ Sheet Notes to the Financial Statements 5-8 Page I YEAR ENDED 31 DECEMBER 2023 The committee is required by the Association's constitubon and the law applicable to chartties in England & Walesto prepa￿ finarKial ststements foreach financial yearwhich rn a true and fairview of the AssociatK)n's financial actiwtbes during the year arKI its financial IKNiion at the end of the year. In preparing those finan(ial statements. the committee is required to: selert suitsble accounting poliaes and then apply them corstantly make Judgm￿ and estimates that are ￿3$Onable and pruderrt prepare the financial statements on the goirg Con￿rn basis it is inappro￿ate to presurne that the Association will continue in bUs1r￿sseS The committee is responsible for keeping proper ￿(0￿rtIng records that disdose with ￿asOnable accuracy at any time for the financial position of the Assoctation and to ensure that the financial statements comply with the Association's constitution. It is also resWW￿TrAe. in conjunction with the Trustees, for safeguarding the assets of the Association and hen￿ fortaking reasonable steps forthe prevention and detection of fraud and other irregularitie& Trustees who held Offi￿ during the year were: J P Ashcroft WRSmyth GOVERNING DOCUMEiir The Association's governing document is the constit￿ dated March 1977. The Charity Commission regIstu￿ number of the Asso¢iatson is 5211&). CHEIWOOD & DIST Ai¢r WELFARE ASSOCIATION Page 2 YEAR ENtsÈD JI PECEMFER 2D23 IIIDEPENDENT ACCOUWANT'S REPORT TO TME MANAGEME￿ COMMirrEE OF CHELWOOD & DISTRICT WELFARE A5$0C14TIQN Itl JLt"tJrddnrE 'Apj7; F*.nRAg.emertl IL.IIL'r. ard I n DrdEr": c a%.Il£t ¢niJ fi.lfil 5.ovr dul iL"y unLler the *- ia•itip.< ..I,-.r l 49 1, IV•t l)4l*C" L￿Trip led the ti iar.f.ihl f t Jtefnert< o. Iljt% iliiiTiI'r p8z£< 3 io B trnm tlie oi"(ouiII.ris ."e=ofo> and infrJri))htil)11 a"Id LAP"È)riarioy5 '1ou h3 fj4'Fn ri¥ Il£. Th..5 rp.pr.rt Is ni2ile to IbL. JLI?tiCFT S fvlh QAg!17ie,-.r coniiiiltLL. ÈIL d byds, In a.:r.ar4An.-p '#0 th lie l iThur eiivLiWL'mÉnt. Ouf vinrk hao geer. T￿r1dL'rl￿kE ph3T Il•P miq*r conip.lrf& ib.o f Ill&ifiLiil 'i.d to =OlYF.iIP. fppflfi Ifj ..Iioifl'S l..lanasE ment thir rep6:11 .) IIYJ for no orb￿r ,*urpnEr. ' (I IIIL 111I:5l extent Ptrm by IBW. 'i.'p QL.. rivl ÈlLLJ[Jt c.r a5.: Lllllt> veswncibi litw tn,Irs¥'ur.'i L.IITe- than ihe .l*.-.nr.i.3110n'" i-ll bl¥CIIIL'rit Lcm mit1e.L h trrtf.'é. foi a Uf 4'JfJra tir fDr tkii: i L'UL'rt_ '1 ha'1￿ i.hri"i•rt Dul 11115 eri'"4syefFlatrt arroydaiiie ¥•'il- tv.-*nica @JidAn￿9 i-. £dP.'I b'* II'L. lii'.lilule cjt c.l•. hrrei ed 4i'"ovntan-k£ in = ng.Ihr,O ,)iid '•*dlE> gnd ha.re p.rl th ihe el..) .-uidance 14 id du'hri lj'i thE In1 bL'e'TI illCT."ur.TP.d to c.Irrf'r an audi- o- th4 t1￿￿￿rI,￿l -l.)l£-riiL*P..I, or tki". t]￿ jbt. IicJ= rj4iÈd i J'iAC'j or iQFTlP'.eienF%£ 4t I￿.e bit(Juri IiFIs ferof.di O. I,-,tiTr¥iNa'.iil-,l JrTd e.YplAnhtions 'fCu Iip':E -jll?n tn ili Afic II'L do -,ot. t herefrofe.. P.xi-,feS* 1) If yoiiiirjfl 011 ttr.e t-rionC.'al l¢lland & Companv 1021104 Widn?4 Ffoad Widnes ch￿shire WAB 6AX Date,. YEAR ENDED 31 DECEMBER 2023 5TATEMEKf OF RNANCIAL ACTivrnES FOR THE YEAR ENDED 31 DECEMBER 2023 Unre51rirted Funds INCOMING RES(XIR Membership Lettings South Liverpool Baby Sensory SLBS Utility Contribution Sectional Bank Interest Sundry Income (kcasional Lettin 165 16.195 16596 356 17.382 15.6 381 17.435 117 345 51.348 Insurance Honorarium Miscellaneous ex￿￿lture Wages: aeaner Playgroup Gardener Inland Revenue NEST Pensions Committee expenses Bank Charges Light & heat Water rates Rates Printing & stationery Office equipment Repaits & renewals Window5 Ground rnaintenan Cleaning Waste collecti Telephone Accountsncy & Legal Depreciation Security & fire 6.010 716 401 403 5.276 46376 8.577 2.565 2.149 35 IT2 15.141 1.237 626 51 379 4.722 33356 7.761 7( 949 120 175 7.960 645 1.165 22 1.107 3.337 320 l.(K12 670 2E 534 611 760 663 665 1.420 571 31 -74297 INCOMING RESOURCES- ProfftlLoss for the year General fund- Opening balan 41.665 64.614 General fund- aosing balan 41 All athtties of the Associ*Th rdated to continuing operations There were no recognised gains or h)sse5 for year other than IIKtse induded within Statem￿ of financial Activit￿5. YEAR ENDED 31 DECEMBER 2023 BAiANCE SHEE[ ASAT 31 DECEMBER 2011 2022 4.394 4,965 Cash in hand HSBC deposit account HSBC treasurer account Virgin Money charity account 74 73 3.114 2.538 10.634 33.478 38,373 CURRE￿ UAwunE5 Creditors & accnaed expenses 36.7(Xl 41 FINANCED BY Unrestricted funds- opening balan Net movement for the year - Surplus1 IDefKit} forthe year 41.665 64.614 -6.887 -22.949 Unrestricted funds- dosirg balan The financial sLitements were approved by the trustees on .............._ __....-.................. and were WRSmyth(C irman) WNienne Worthington etary} Pdge 5 YEAR ENDED 31 DECEMBER 2023 N(IIES TO THE FINANCIAL STATEMENIS PRINapLE ACCOUPfflNG pouaES The accounts have been prepared under the Charities Act 1993 on the historical cost convention and in accordance with applicable accounting stsndards arKI the Statement of Recommended Practice on Accounting and Re￿rtIng by Chartties: the tharities SORP 2(XfJ. The Association has however analysed bts resources by natural classification ratherthan the functio￿1 dassifiGition recommended by the SORP. Investment income and other inc(ming resour￿ are accounted for on a receivable basis. Depreciation is provided on tsreible fixed assets at the following annual rates in order to write off each asset over its estimated useful life: Premises IIPA on reduang balan Furniture & Equiwient 25% on reduonE balan Resources expermled are recognised in the Statement of financial Aclivil*s in the period in which they are incurred and indude attributable irrecoverable VAT. Unrestricted funds comprise those funds which the Tn￿eeS are free to use in accordan￿ with the objects of the tharity. YEAR ENDED 31 D￿MBER 2023 NOTES TO THE AIIANCIAL StATEMEltrs SEclloNAL INCOME 2022 Table Tennis 1.212 Bowls Income 1212 Playgroup- (Quality Supplement balan￿ of £4.548.66 induded in the current assets) LEA Grants received 33559 9.983 Income (fees) Quality Supplement expenditure Expenses 14203 7.875 20 -294 428 48974 16.944 Drama Section SUNDRY IPICOME 202Z Sundry IrKome Income Received from Chihlren's Party SSP Covid Refund Donations Received 557 160 135 MISCELLANEOUS EXPENDTtURE 2022 Music Licen Sundry Expenses COST Rent Removal of First Adwantsge Accrual from 2021 OFStED Fees 2( 49 365 i(AJ -70 ij YEAR ENDED 31 DECEMBER 2023 NOTES TO THE FINANCIAL sfATEMEKrs HONORARIA (H￿ OFTAXJ 2022 Secretsry Treasurer 716 71 TAXATION As a registered charity. the Associknn is exempt from taxation on Incon￿ and gaÉns arising out of charitable activit￿ SCHEDULE OF FIXED ASSErs Totsl COST As at l January 2023 Additions 41,(￿1 16.087 As at 31 December 2023 Depreciation As at l January 2023 Charge for year 36.596 53,583 571 As at 31 December 2023 Net Book Value As at 31 December 2023 ij As at l January 2023 499 4.965 YEAR ENDED 31 DECEMBER 2023 NOTES TO THE FIIIANCIAL 5tATEMElItS Al P 2022 Accountancy Light & heat Inland Revenue Water First Advantage 1596 760 401 515 CHELWOOD & DISTRicf WELFARE ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Holland & Co. Chartered Accountsnts 1021104 Widnes Road. WKlnes. c￿eshIre. WA8 6AX Tel (0151) 420 6666 Fax (0151) 495 3666 YEAR ENDED 31 DECEMBER 2023 Contents of the Financial Statements for the Year Ended 31° December 2023 Page Statement of Management Committe¥s Restx)nsibilitie5 Independent Accountsnts Report Statement of Financial Activitses Balan￿ Sheet Notes to the Financial Statements 5-8 Page I YEAR ENDED 31 DECEMBER 2023 The committee is required by the Association's constitubon and the law applicable to chartties in England & Walesto prepa￿ finarKial ststements foreach financial yearwhich rn a true and fairview of the AssociatK)n's financial actiwtbes during the year arKI its financial IKNiion at the end of the year. In preparing those finan(ial statements. the committee is required to: selert suitsble accounting poliaes and then apply them corstantly make Judgm￿ and estimates that are ￿3$Onable and pruderrt prepare the financial statements on the goirg Con￿rn basis it is inappro￿ate to presurne that the Association will continue in bUs1r￿sseS The committee is responsible for keeping proper ￿(0￿rtIng records that disdose with ￿asOnable accuracy at any time for the financial position of the Assoctation and to ensure that the financial statements comply with the Association's constitution. It is also resWW￿TrAe. in conjunction with the Trustees, for safeguarding the assets of the Association and hen￿ fortaking reasonable steps forthe prevention and detection of fraud and other irregularitie& Trustees who held Offi￿ during the year were: J P Ashcroft WRSmyth GOVERNING DOCUMEiir The Association's governing document is the constit￿ dated March 1977. The Charity Commission regIstu￿ number of the Asso¢iatson is 5211&). CHEIWOOD & DIST Ai¢r WELFARE ASSOCIATION Page 2 YEAR ENtsÈD JI PECEMFER 2D23 IIIDEPENDENT ACCOUWANT'S REPORT TO TME MANAGEME￿ COMMirrEE OF CHELWOOD & DISTRICT WELFARE A5$0C14TIQN Itl JLt"tJrddnrE 'Apj7; F*.nRAg.emertl IL.IIL'r. ard I n DrdEr": c a%.Il£t ¢niJ fi.lfil 5.ovr dul iL"y unLler the *- ia•itip.< ..I,-.r l 49 1, IV•t l)4l*C" L￿Trip led the ti iar.f.ihl f t Jtefnert< o. Iljt% iliiiTiI'r p8z£< 3 io B trnm tlie oi"(ouiII.ris ."e=ofo> and infrJri))htil)11 a"Id LAP"È)riarioy5 '1ou h3 fj4'Fn ri¥ Il£. Th..5 rp.pr.rt Is ni2ile to IbL. JLI?tiCFT S fvlh QAg!17ie,-.r coniiiiltLL. ÈIL d byds, In a.:r.ar4An.-p '#0 th lie l iThur eiivLiWL'mÉnt. Ouf vinrk hao geer. T￿r1dL'rl￿kE ph3T Il•P miq*r conip.lrf& ib.o f Ill&ifiLiil 'i.d to =OlYF.iIP. fppflfi Ifj ..Iioifl'S l..lanasE ment thir rep6:11 .) IIYJ for no orb￿r ,*urpnEr. ' (I IIIL 111I:5l extent Ptrm by IBW. 'i.'p QL.. rivl ÈlLLJ[Jt c.r a5.: Lllllt> veswncibi litw tn,Irs¥'ur.'i L.IITe- than ihe .l*.-.nr.i.3110n'" i-ll bl¥CIIIL'rit Lcm mit1e.L h trrtf.'é. foi a Uf 4'JfJra tir fDr tkii: i L'UL'rt_ '1 ha'1￿ i.hri"i•rt Dul 11115 eri'"4syefFlatrt arroydaiiie ¥•'il- tv.-*nica @JidAn￿9 i-. £dP.'I b'* II'L. lii'.lilule cjt c.l•. hrrei ed 4i'"ovntan-k£ in = ng.Ihr,O ,)iid '•*dlE> gnd ha.re p.rl th ihe el..) .-uidance 14 id du'hri lj'i thE In1 bL'e'TI illCT."ur.TP.d to c.Irrf'r an audi- o- th4 t1￿￿￿rI,￿l -l.)l£-riiL*P..I, or tki". t]￿ jbt. IicJ= rj4iÈd i J'iAC'j or iQFTlP'.eienF%£ 4t I￿.e bit(Juri IiFIs ferof.di O. I,-,tiTr¥iNa'.iil-,l JrTd e.YplAnhtions 'fCu Iip':E -jll?n tn ili Afic II'L do -,ot. t herefrofe.. P.xi-,feS* 1) If yoiiiirjfl 011 ttr.e t-rionC.'al l¢lland & Companv 1021104 Widn?4 Ffoad Widnes ch￿shire WAB 6AX Date,. YEAR ENDED 31 DECEMBER 2023 5TATEMEKf OF RNANCIAL ACTivrnES FOR THE YEAR ENDED 31 DECEMBER 2023 Unre51rirted Funds INCOMING RES(XIR Membership Lettings South Liverpool Baby Sensory SLBS Utility Contribution Sectional Bank Interest Sundry Income (kcasional Lettin 165 16.195 16596 356 17.382 15.6 381 17.435 117 345 51.348 Insurance Honorarium Miscellaneous ex￿￿lture Wages: aeaner Playgroup Gardener Inland Revenue NEST Pensions Committee expenses Bank Charges Light & heat Water rates Rates Printing & stationery Office equipment Repaits & renewals Window5 Ground rnaintenan Cleaning Waste collecti Telephone Accountsncy & Legal Depreciation Security & fire 6.010 716 401 403 5.276 46376 8.577 2.565 2.149 35 IT2 15.141 1.237 626 51 379 4.722 33356 7.761 7( 949 120 175 7.960 645 1.165 22 1.107 3.337 320 l.(K12 670 2E 534 611 760 663 665 1.420 571 31 -74297 INCOMING RESOURCES- ProfftlLoss for the year General fund- Opening balan 41.665 64.614 General fund- aosing balan 41 All athtties of the Associ*Th rdated to continuing operations There were no recognised gains or h)sse5 for year other than IIKtse induded within Statem￿ of financial Activit￿5. YEAR ENDED 31 DECEMBER 2023 BAiANCE SHEE[ ASAT 31 DECEMBER 2011 2022 4.394 4,965 Cash in hand HSBC deposit account HSBC treasurer account Virgin Money charity account 74 73 3.114 2.538 10.634 33.478 38,373 CURRE￿ UAwunE5 Creditors & accnaed expenses 36.7(Xl 41 FINANCED BY Unrestricted funds- opening balan Net movement for the year - Surplus1 IDefKit} forthe year 41.665 64.614 -6.887 -22.949 Unrestricted funds- dosirg balan The financial sLitements were approved by the trustees on .............._ __....-.................. and were WRSmyth(C irman) WNienne Worthington etary} Pdge 5 YEAR ENDED 31 DECEMBER 2023 N(IIES TO THE FINANCIAL STATEMENIS PRINapLE ACCOUPfflNG pouaES The accounts have been prepared under the Charities Act 1993 on the historical cost convention and in accordance with applicable accounting stsndards arKI the Statement of Recommended Practice on Accounting and Re￿rtIng by Chartties: the tharities SORP 2(XfJ. The Association has however analysed bts resources by natural classification ratherthan the functio￿1 dassifiGition recommended by the SORP. Investment income and other inc(ming resour￿ are accounted for on a receivable basis. Depreciation is provided on tsreible fixed assets at the following annual rates in order to write off each asset over its estimated useful life: Premises IIPA on reduang balan Furniture & Equiwient 25% on reduonE balan Resources expermled are recognised in the Statement of financial Aclivil*s in the period in which they are incurred and indude attributable irrecoverable VAT. Unrestricted funds comprise those funds which the Tn￿eeS are free to use in accordan￿ with the objects of the tharity. YEAR ENDED 31 D￿MBER 2023 NOTES TO THE AIIANCIAL StATEMEltrs SEclloNAL INCOME 2022 Table Tennis 1.212 Bowls Income 1212 Playgroup- (Quality Supplement balan￿ of £4.548.66 induded in the current assets) LEA Grants received 33559 9.983 Income (fees) Quality Supplement expenditure Expenses 14203 7.875 20 -294 428 48974 16.944 Drama Section SUNDRY IPICOME 202Z Sundry IrKome Income Received from Chihlren's Party SSP Covid Refund Donations Received 557 160 135 MISCELLANEOUS EXPENDTtURE 2022 Music Licen Sundry Expenses COST Rent Removal of First Adwantsge Accrual from 2021 OFStED Fees 2( 49 365 i(AJ -70 ij YEAR ENDED 31 DECEMBER 2023 NOTES TO THE FINANCIAL sfATEMEKrs HONORARIA (H￿ OFTAXJ 2022 Secretsry Treasurer 716 71 TAXATION As a registered charity. the Associknn is exempt from taxation on Incon￿ and gaÉns arising out of charitable activit￿ SCHEDULE OF FIXED ASSErs Totsl COST As at l January 2023 Additions 41,(￿1 16.087 As at 31 December 2023 Depreciation As at l January 2023 Charge for year 36.596 53,583 571 As at 31 December 2023 Net Book Value As at 31 December 2023 ij As at l January 2023 499 4.965 YEAR ENDED 31 DECEMBER 2023 NOTES TO THE FIIIANCIAL 5tATEMElItS Al P 2022 Accountancy Light & heat Inland Revenue Water First Advantage 1596 760 401 515