2023-01-31-accounts - Sheffield Corporation Norfolk Park Tenants' Association

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Norfolk Park Tenants & Residents Association

Unaudite d DRAFT COPY

Financial Statements

For the year ending 31 January 2023

Registered Charity no. 523929

Contents	Page
Committee report	2
Examiner's report	3
Receipts and payments account	4
Statement of assets and liabilities	5
Notes to the accounts	6

Norfolk Park Tenants & Residents Association

Committee report

For the year ending 31 January 2023

The members of the management committee during the year were:

Kim McMaster Chair Katrina Jones Vice Chair Joanne Morrison Secretary Elizabeth Hoyle Treasurer Racheal Wilkinson Committee Member Lucie McMaster Committee Member Albi Hoyle Committee Member Leah Howe Committee Member Kirsty Blythe Committee Member

Principle Address

Independent examiner

89 Guilford Rise Susan Groves Norfolk Park Bookkeeping & Training Services Sheffield 77 Mansfield Road S2 2PP Intake Sheffield S12 2AH

Management committee's responsibilities for the financial statements

The management committee are responsible for preparing financial statements for each financial period which give a true and fair view of the state of affairs of the group and of the surplus or deficit of the group for that period. In preparing those financial statements, the management committee are required to:

a) select suitable accounting policies and apply them consistently; b) make judgments and estimates that are reasonable and prudent.

The management committee are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the group and enable the management committee to prepare financial statements. The management committee are responsible for safeguarding the assets of the group and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Aims and Objectives

To help the tenants and residents in the Norfolk Park area by representing their views and opinions by campaigning on local issues of importance. We will also provide services , groups and activities.

Norfolk Park Tenants & Residents Association

Examiner Statement

For the year ending 31 January 2023

I report on the accounts for Norfolk Park Tenants Association which are set out on pages 4 to 6.

Responsibilities of the management committee and the examiner

As the management committee you are responsible for the preparation of the accounts. It is my responsibility to state whether matters have come to my attention.

Basis of independent examiner's report

The examination included a review of the accounting records kept by the group 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 concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements:
a to keep appropriate accounting records
b to prepare accounts which accord with the accounting records

have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Susan Groves Date : 03 July 2023

Susan Groves

Independent Examiner

Bookkeeping & Training Services

Norfolk Park Tenants & Residents Association

Receipts and Payments account

For the year ending 31 January 2023

Receipts 1 Grants & Donations 2 £ Woodhouse erf 3 - Manor & Castle - Community Fund - Ward Pot - Morrisons - SCC Community Fund - Personal Support 2,427 Tenants Levy 1,455 Church food repaid 4 460 Woodhouse Admin payment 1,000 Events and activities 285 Other 890 Office repayment 5 609 Total receipts 7,126 Payments Woodhouse ERF 3 - 1,203 Equipment - Committee Exps - Guilford Grange 6 - Church food 4 460 Events & Activities - Insurance 407 Office 5 3,008 St Leonards - Other - Health & Safety 8 Independent Examination - Junior TARA - Donations 130 Total payments 5,216 Net receipts/(payments) 1,910 Fund balances brought forward 897 Fund balances carried forward 2,807 Norfolk Park Food Project Funds Notes	£ - - - - - - 2,427 1,455 460 1,000 285 890 609 Funds	restricted funds £ 38,399 748 4,726 5,442 - - - - - - - - -	TOTAL 2023 2022 £ £ 38,399 748 2,417 4,726 2,647 5,442 - 500 - 1,496 2,427 1,455 1,251 460 1,205 1,000 1,714 285 515 890 609 174 56,441 11,919 38,399 3,261 3,245 - 370 318 1,609 700 65 460 1,205 3,048 4,734 407 407 3,008 1,001 1,497 140 74 8 8 - - 700 - 130 - 51,580 13,214 4,861 (1,295) 897 2,192 5,758 897
	7,126	49,315
	- 1,203 - - - 460 - 407 3,008 - - 8 - - 130	38,399 2,058 - 318 700 - 3,048 - 1,001 140 - - 700 -
	5,216	46,364
		2,951 -
	2,807	2,951

Norfolk Park Tenants & Residents Association

Statement of assets and liabilities

as at 31 January 2023

2023 £ Assets Balance at bank 5,376 Cash in hand 382 5,758 Liabilities Independent examination 2022 - Independent examination 2023 200 200 Committee member____ Committee member _____ On behalf of the management committee	2022 £ 733 164 897 200 - 200 Dated___ Dated____

Norfolk Park Tenants & Residents Association

Notes to the Accounts

For the year ending 31 January 2023

1 Receipts and payments accounts

Because the level of income and expenditure is below £100,000, the group has opted for accounts prepared on a receipts and payments rather than an accruals basis. This is in line with Charity Commissioners guidelines for small charities and is more appropriate for this project

2 Restricted Funds

The Charity received restricted funding throughout the year All monies were spent according to the Funder specifications.

Funder Woodhouse ERF Manor & Castle Community Fund Community Fund Community Fund Ward Pot Ward Pot	Incoming Expended C/fwd 38,399 38,399 - 748 748 - 1,250 1,250 - 1,100 1,100 - 2,376 2,376 - 4,492 1,392 2,951 Newsletter, Gazebo & Defib 950 950 - 49,315 46,364 2,951

3 Woodhouse Redevelopment Fund

The organisation received the funding to oversee and monitor the Development

of the project. There are supporting documents available showing income and expenditure along with relevant receipts.

The analysis of income and expenditure is not included within these accounts

4 Church food

The committee undertook the shopping for the church.

This was paid from the Charities' cash reserves

This was repaid, by cheque, each week.

5 Office Costs

These costs relate to cleaning, Gas , Electricity and Telephone charges.

however, the telephone also includes a charge for mobile phone. This phone belongs to TARA member and the amount is repaid back into the TARA bank each month

6 Guilford Grange

Received £700 for Jubilee Celebrations. This was paid to them in cash.