**REGISTERED CHARITY NUMBER: 522918** **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR WYKEN COMMUNITY ASSOCIATION** Harrison Beale & Owen Limited Chartered Accountants Seven Stars House 1 Wheler Road Coventry CV3 4LB **WYKEN COMMUNITY ASSOCIATION** **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2022** ||Page| |---|---| |Report of the Trustees|1 to 2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Balance Sheet|5| **WYKEN COMMUNITY ASSOCIATION** ## **REPORT OF THE TRUSTEES** **for the year ended 31 March 2022** The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 522918 ## **Principal address** Wyken Community Centre Westmorland Road Wyken Coventry CV2 5PY ## **Trustees** Mr R Griffin Mrs H Ireland Mr R Woods Mr S Benson Mrs L Benson ## **Independent examiner** Harrison Beale & Owen Limited Chartered Accountants Seven Stars House 1 Wheler Road Coventry CV3 4LB ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its constitution, amended and date 7 April 2013, and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** Trustees are elected by the Committee. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES Objectives and aims** To ascertain the needs of the community and endeavour to fulfil them and promote interest and participation of individuals and organisations in a common effort. The Association also offers facilities to a number of sports and leisure activities, and provides facilities for a nursery. ## **Significant activities** The activities at the Centre include roller skating, short mat bowls, stage dancing, martial arts, yoga, keep fit, fitness training, U3A activities (including painting classes) and a full time nursery. The Association works to promote the well being of the community residents in the local area, in association with the local authority, voluntary organisations and residents, to foster a community spirit. ## **Public benefit** The Trustees have considered the guidance issued by the Charity Commission on public benefit. Page 1 **WYKEN COMMUNITY ASSOCIATION** ## **REPORT OF THE TRUSTEES** **for the year ended 31 March 2022** ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** We are continuing to run at nearly full capacity and now have fish shows that are now using us for their events. Line dancing is also a continuing letting. ## **FINANCIAL REVIEW** ## **Reserves policy** The Association maintains unrestricted reserves only, which are held, in the main, at the local building society. These are held to meet any unforeseen expenditure which may occur. The charity has no formal reserves policy. Approved by order of the board of trustees on 17 January 2023 and signed on its behalf by: Mrs H Ireland - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WYKEN COMMUNITY ASSOCIATION** I report on the accounts for the year ended 31 March 2022, which are set out on pages four to five. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. My role is to state whether any material matters have come to my attention giving me cause to believe: 1. that accounting records were not kept as required by section 130 of the Act; or 2. that the accounts do not accord with those records; or 3. that the accounts do not comply with the accounting requirements of the Act; or 4. that there is further information needed for a proper understanding of the accounts. ## **Independent examiner's statement** I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention. Wayne Gutteridge ACA Harrison Beale & Owen Limited Chartered Accountants Seven Stars House 1 Wheler Road Coventry CV3 4LB - 17 January 2023 Page 3 ## **WYKEN COMMUNITY ASSOCIATION CHARITY NO. 522918** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022** |**INCOME**
Blood service
Nursery
Dance group
Taekwon-Do
Fitness classes
Letting
Ego
Paws & Walks
Interest received
Coventry Council
Art class
U3A
Roller skating
Bowls club
Aikido
JHPT
Rabbits
Bhangra
Weight-training
Benson dance
Mel P
Garages
Covent Fair
Zoe's place Charity
Membership subscriptions
Re-enact
Government Grants
Other income
**DIRECT CHARITABLE EXPENSES**
Repairs and renewals
Heating and lighting
Insurance
Rates and water
Cleaning expenses
New heating and lighting systems
Depreciation
**OTHER EXPENSES**
Telephone, postage and stationery
Independent Examination fees
Legal fees
Trustees' expenses
Fees and licences
**SURPLUS/ (DEFICIT) FOR THE YEAR**|**£**
**£**
13,400
16,720
7,936
7,095
1,424
80
1,000
-
116
12,200
1,410
180
3,585
3,681
1,000
2,160
920
335
100
910
785
880
100
300
210
460
-
230
77,217
32,715
4,458
6,568
5,531
2,775
-
727
(52,774)
1,088
846
-
-
285
(2,219)
22,224
**Unrestricted funds**
**2022**|**£**
**£**
14,500
7,600
2,828
1,380
1,160
800
216
167
154
150
45
-
-
-
-
-
-
-
-
-
-
-
-
-
-
44,500
327
73,827
20,452
16,097
6,301
5,721
987
-
570
(50,128)
1,764
800
-
-
-
(2,564)
21,135
**Unrestricted funds**
**2021**|**£**
**£**
14,500
7,600
2,828
1,380
1,160
800
216
167
154
150
45
-
-
-
-
-
-
-
-
-
-
-
-
-
-
44,500
327
73,827
20,452
16,097
6,301
5,721
987
-
570
(50,128)
1,764
800
-
-
-
(2,564)
21,135
**Unrestricted funds**
**2021**| |---|---|---|---| ||32,715
4,458
6,568
5,531
2,775
-
727|20,452
16,097
6,301
5,721
987
-
570|| ||1,088
846
-
-
285|1,764
800
-
-
-|| ||||| ||||21,135| Page 4 ## **WYKEN COMMUNITY ASSOCIATION CHARITY NO. 522918** ## **BALANCE SHEET AS AT 31 MARCH 2022** |**FIXED ASSETS**
Fixtures and fittings
Computer equipment
**CURRENT ASSETS**
Coventry Building Society
Nationwide Building Society
Lloyds Bank
Cash in hand
**TOTAL ASSETS**
**CURRENT LIABILITES**
Accruals
**NET ASSETS**
**REPRESENTED BY:**
Unrestricted funds
**Accumulated funds**|**£**
**£**
4,118
-
4,118
82,204
24,789
86,064
322
193,379
197,497
1,600
1,600
195,897
195,897
195,897
**Unrestricted funds**
**2022**|**£**
**£**
3,228
-
3,228
82,115
40,360
49,015
555
172,045
175,273
1,600
1,600
173,673
173,673
173,673
**Unrestricted funds**
**2021**|**£**
**£**
3,228
-
3,228
82,115
40,360
49,015
555
172,045
175,273
1,600
1,600
173,673
173,673
173,673
**Unrestricted funds**
**2021**| |---|---|---|---| ||||3,228
172,045| ||1,600|1,600|| ||||175,273
1,600| ||||| ||||173,673| ||||173,673| ||||173,673| The financial statements were approved by order of the board of trustees on 17 January 2023 and signed on its behalf by: Mrs H Ireland - Trustee Page 5