SOUTH KIYE COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR YEAR ENDING 31 DECEMBER 2023
REGISTERED CHARITY NO: 700471

SOUTH WYE COMMUNITY ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
FOR YEAR ENDING 31 DECEMBER 2023
CHARITY NAME:
South Wye Comrnunity Association
REGISTERED CHARITY NUMBER:
700471
PRINCIPAL OFFICE:
Belmont Community Centre
Eastholme Avenue
Belmont
Hereford
HR2 7UQ
GOVERNING DEPARTMENT".
Associatiofl Constitution dated
nd
2 December 1987
TRUSTEES:
Ms Aimee Bridges (Secretary)
Mr Adrian Bridges (Chairl
Cllr Mark Dykes {Chair- resigned)
Mrs Lyndsey Evans
Mr Phil Rudd
Ms Racheal Percival (resigned)
Mr Colin Warne
Mr Keith Bound (resigned
Ms Julie Furniss {resi8ned}
BANKERS:
Lloyds Bank plc
8 High Town
Hereford HRI 2AE
ACCOUNTANTS:
Apple Accountants
7a Harrow Road
Hereford
Herefordshire HR4 OEH

SOUTH WYE COMMUNifi ASSOCIATION
TRUSTEES, REPORT
FOR YEAR ENDING 31 DECEMBER 2023
THE CHARITY
The Charity is established to promote the benefit of the inhabitants of the South Wye Area and the neighbourhood without
distinction of sex. sexual orientation. race or of political, religious or other opinions that are lawfully permitted by English and
European Law, by a550ciating together the said inhabitants and the local authorities, voluntary and other organisations in a
common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time
occupation with the object of improving the conditions of life for the said inhabitants.
The Charity to facilitate its objectives manages the Belmont Community Centre and continues to maintain and manage the
same, whether alone or in co-operation with any local authority or other person or body. in furtherance of these objectives.
FINANCIAL REVIEW 2023
The gross income due to activities and hire £22,897 and grant income of £7.750. the gross expenditure is £24.791 and
depreciation £7.174, 8enerating a resource surplus of 1.318.
The association ha5 a cash balance of £39,113
Our regular income from room hire included Slimming World. Centrepoint Church group, Parkinson Yoga. St Martins Lunch Club,
Belmont Rural Parish Council meetings, a South Wye Daytime aub, and Bingo. Due to the economic downturn we have lost
Rainbows/Brownies and Guiding.
Other hirers during the year cater for NHS user groups. HWDA and ECHO.
There is also a weekly, foodshare community resouce held in the carpark on Fridays.
The Belmont Library continued in operation under a license agreement with Herefordshire Council. The licence is now at a
peppercorn rent. However the shortfall in rent this year is offset by grant applications with Belmont Rural Parish Council £7,000.
The trustees see the benefit of the library with its footfall of over 30,000 visits per year as a service to be maintained for the
general public at large. In 2024 Belmont Rural Parish Council cornmitted to grant funding for 3 years for the maintenance of the
library facilities. They have committed to support this service in the future.
None of the volunteers or trustees performed their duties in a paid capacity
Volunteer Events at the centre include a Community Café and Stay & play for the young and a Belmont Centre Lunch Club.
We had a great team of volunteers. which was in excess of twenty at the start of the year. who all bring great skills to the
community centre. All of their magnificent effort5 contribute to the great number of activities we deliver and the friendly and
invitin8 centre we have today. This starts with a friendly smile in reception and goes through to the behind the scenes events
efforts. to the extensive hours and considerable make do and fix DIY skills.
There was major refurbishment works in the centre this year for the creation of an ATRIUM and new toilets. This has led to a
warm and welcoming entrance with seating to encourage people to come and use while the library is open.

RESULTS FOR THE YEAR
The results for the year are shown on pages 7 to 9
INDEPENDENT EXAMINERS
Apple Accountant5 have agreed to offer themselves for appointment as independent examiners.
On Behalf of the Trustees
CL(LwoAfycbJ
Adrian thiges
Chair and Trustee
Dated:
South Wye Community Association
Belmont Community Centre
Eastholme Avenue
8elmont
Hereford
HR2 7UQ

SOUTH WYE COMMUNITY ASSOCIATION
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR YEAR ENDING 31 DECEMBER 2023
We are required, under the Charities Act, to prepare accounts for each financial year which give a true and
fair view of the state of affairs of the Charity, and of its profrt or loss for that period.
In preparing these accounts we are required to:
select suitable accounting policies and apply them consistently.
make reasonable and prudent judgements and estimates:
prepare the accounts on a going concern basis.
We are also responsible for:
keeping proper accounting records;
safekeeping the Charitys assets;
taking reasonable steps for the prevention and detection of fraud and other irregularities.
On Behalf of the Trustees
O QUACM 5
Adrian Bridges
Chair and Trustee
South Wye Community Association
Belmont Community Centre
Eastholme Avenue
Belmont
Hereford
HR2 7UQ

SOUTH IVYE COMMUNITY ASSOCIATION
INDEPENDENT EXAMINER'S REPORT TO
THE TRUSTEES OF THE SOUTH WYE COMMUNITI ASSOCIATION
UNDER SECTION 144 OF THE 2011 CHARITIES ACT
I report on the accounts of the Association for the year ended 31 December 2023, which are set out on Pages 7 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEE AND EXAMINER
The charitys trustees are responsible for the preparation of the accounts. The charitvs trustees consider that an
audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an
independent examination is needed.
It is my responsibility to:
Examine the accounts under section 145 of the 2011 Act;
To follow the procedures laid down in the general Directions given by the Charity Commission under section
145(5llb) of the 2011 Act; and
To state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity 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 trustees concerning any such matters. The procedures undertaken do not provide
all the evidence that would be required in an audit and consequently no opinion 15 given as to whether the accounts
present a "true and fair Vie￿ and the report is limited to those matters set out in the staternent below.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
{11 Which gives me reasonable cause to believe that in any material respect the requirement5:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 2011 Act
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be
reached.
NAME OF EXAMINER-
Mr David Berkeley
DATE:
ADDRESS:
Apple
ccountants, 7A Harrow Road, Hereford HR4 OEH
RELEVANT QUALIFICATIONS:
Chartered Management Accountant (ACMA)
PROFESSIONAL BODY:
Chartered Institute of Management Accountants

SOUTH WYE COMMUNifi ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
INCOMING RESOURCES
Rental and Hire Fees
Volunteer Events
19,874
1,990
7,750
439
412
16,753
2,340
27,574
115
Grant5
Sundry Receipts
Donations
596
Bank Interest
182
TOTAL INCOMING RESOURCES
30,647
47,489
RESOURCES EXPENDED
Direct charitable expenditure
Management and Administration of the Charity
22,311
9,654
20,767
10,365
TOTAL RESOURCES EXPENDED
31,965
31,132
NET SURPLUS/(LOSS) RESOURCES FOR THE YEAR
11,318)
16,357
BALANCE Brought FonNard
181,413
165.056
BALANCE Carried FOr￿ard
180,094
181.413

SOUTH WYE COMMUNITI ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
TANGIBLE FIXED ASSETS
272,228
227,690
CURRENT ASSETS
Bank Current Account
Debtors and Prepayments
Cash in Hand
39,113
5,429
123
34,343
4,377
143
44,485
38,863
CURRENT LIABILITIES
Creditors and Accrued Income
13,882
12,404
NET CURRENT ASSETS
30,603
26,459
302,832
304,150
FUNDS
Unrestricted Funds
Restricted Funds
Revaluation reserve
180,095
7,912
114,824
181,375
7,750
114,824
302,832
304.150
Signed
Adrian Bridges
Chair
Date
I&cJ34

SOUTH WIE COMMUNITY ASSOCIATION
NOTES ON THE FINANCIAL STATEMENTS
FOR YEAR ENDING 31 DECEMBER 2023
I. PRINCIPAL ACCOUNTING POLICIES
la} Basis of Accounting Policies
The accounts have been prepared in accordance with applicable accounting standards, the Statement of
Recommended Practice regarding accounting by charities and under the historical accounting rules.
2023
2022
DIREcf CHARITABLE EXPENDITURE
Property Repairs
Grounds Maintenance
Light & Heat
Maintenance and Repairs
Water Rates
5.658
297
5,720
290
459
36
4,290
4,022
666
Insurance
1,261
5,199
850
1,126
4,597
788
2,(XJ9
572
Cleaning
Waste Disposal
Inspections and Licenses
Angel water boiler
1,545
825
22,311
20,767
2023
2022
MANAGEMENT AND ADMINISTRATION
OF THE CHARITY
Telephone
Postage & Stationery
Bad Debt provision
Sundry Expenses
Depreciation
Bank Charges and Interest
Staff Training
Accountancy
Advertising
799
441
152
118
623
7.174
19
375
8,111
23
153
510
198
9,654
10,365

SOUTH WYE COMMUNifrf ASSOCIATION
NOTES ON THE FINANCIAL STATEMENTS
FOR YEAR ENDING 31 DECEMBER 2023
TANGIBLE FIXED ASSEfs
Buildings
and
Gardens
Furnishings
and
Gardens
Total
WDV
l January 2023
Revaluation
Additions
267,524
10,166
277,690
1,712
1,712
31 December 2023
269,236
10,166
279,402
Depreciation
4,632
2,541
7,174
WDV
264,604
7,624
272,228
at 31 December 2023
WDV
At 31 December 2022
267,524
10,166
277,690
STAFF COSTS
All trustees and volunteers act in an unpaid capacity
UNRESTRicfED FUNDS
2023
2022
Balance Brought Fonvard
Net Surplus/{Lossl Resources for the Year
181,143
165,056
(1,318)
38
16,357
Move funds to restricted funds
Balance carried forward
180.094
181,413
RESTRicfED FUNDS
2023
2022
Balance Brought Forward
Transfer Current Year Restricted Funds
7.950
{38)
7,950
Balance Carried Forward
7,912
7,950
io