CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
Middlezoy Communty Project
On accounts for the year
ended
31-03-2024
Charity no
lif any)
80151 S
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity (Ihe Trust.) for the year ended 3•. Si l 031 L021tr
Responsibilities and
basls of report
As the charity's trustees, you are responsible for the p￿paratIOn of the
accounts in accordance wrth the requirements of the Charities Act 2011
{￿he Act.).
l ￿port in ￿SpeCt of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5){b) of the Act.
Independent I have completed my examination. I confinn that no material matters have
examiner's statement come to my attention in connection wrth the examination (other than that
disclosed below ") which gives me cause to b81ieve that in, any material
respect..
the accounting records were not kept in accordance with section 130
of the Charities Acl; or
the accounts did not accord with the accounting records,. or
the accounts did not comply wrth the applicable requirements
conceming the fomi and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair. view which is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in this ￿port in
order to enable a proper understanding of the accounts to be reached.
. Please delet8 the words in the brackets rf they do not apply.
Signed:
Date:
1010612024
Mrs Lisa Edney
Relevant professional
qualification(s) or body
(if any):
MAAT
Address:
20 Ivory Road, Bridgwater, Somerset. TA6 6XG
IER
Oct 2018

Section B
Disclosure
Only ccunpjete if the examiner needs to highlight material matters of conwn
(see CC32, Independent examination of charty accounts: directions and
guidance for examiners).
Glve here brief details of
any items that the
examiner wlshes to
disclose.
IER
Oct 2018

Middlezoy Community Project
Charity No
(If an
enod
Annual accounts for the
To
CC17a
Penod start date
0110412023
Period end
dale
3110312024
Section A
Statement of financial activities
Restrictsd
income
fund8
Recommended
gorles by actlvlty
Detsils of own
analysls
Unrestricted
funds
Endowment Totsl th1$
funds
year
Total la8t
year
Incomlng r￿OurCeS (Note 3
Incornlng rè#ourc68 trom
g0nerat￿ fund$
Voluntary inr*m¥
F01
F02
F03
F04
F05
1,109
58,313
1,109
58,313
1,559
53,622
A¢tsvlli•s for g8n8r8b'ThJ fund8
Investment Inc￿rne
S03
Incomlng resourc08 from
charitablo aetlvltl8s
Other Incomlng mour¢o•
sos
Total incomlng resourc￿ sc¢
Rosources expended (Note8 44
59,422
Costs of Gonwatlw Fund8
Costs ofgonora￿4 vduniwy
Incom8
S07
44,152
Fundrnlsjng tradiThJ cost8
Investment manag8m•nt costs
Charltable actlvltles
S10
Govemance costs
Other fBsources oxpondod
S12
rotsl rnsources expended s13
Not In¢ominty(outyolng) rnsources before
transfers s14
44,152
44,152
15,270
15,270
18,496
Gross transfer5 between funds
S15
Net Incominty(outyoing) resources beforn
other recognised gains/Oossos) s18
Other rncognlsed galnsl(losses)
Gains and losses on revaluation of fixed assets
for the charity's own use
Gains and losses on investment assets
S17
S18
Net movement In funds s19
15,270
15.270
18,496
Total funds brought fornard
rotal funds canled fonvanl s21
S20
15,270
CC17a {Excet)
1010612024

Section B
Balance sheet
es
ric
income
funds
Unrestricted
funds
Endowmont Total thls
funds
year
Total last
year
Fixed assets
Tangible assets
F01
4,014
F02
F03
F04
4.014
F05
5,243
(Nots 9
Investments
(Note 10)
Total flxed &￿ets
Current assets
Stock and work In progress
Debtors
(Note 11)
{Short term) Investments
Cash at bank and in hand
Total current assets
3,580
12,993
3.580
12,993
2,791
47
82,904
Crndltors: amounts falling due wlthln
one year
(Note 12)
810
3,849
Net current asse1￿{114bIIftIos) 811
Total assets less current llabiliti.es 812
Credltors: amounts falllng due after
one year
(Noto 12)
Provlslon8 for Ilabllities and Gharges
B13
B14
Net assets B15
Funds of the Charity
Unrestricted funds
816
62,965
47,695
817
Restrictsd Income funds (Nots 13)
Endowment funds (Nots 13)
B18
819
Total funds B20
62.965
Error
47,695
Signed by one or ts¥o trustees on behalf of all
the trustees
Signature
Print Name
Date of
roval
K]F¢E
ILt&￿ kl
CC17a (Excel)
1010612024

Section C
Notes to the accounts
Note 1
Basis of preparation
Thls sectlon should be completed by all charities.
1.1 Basis of accounting
Th8se accounts have been prepared on the basis of historic cost (except that investments are shown at market
value) in accordance with..
Accounting and Re
rtin
and with.
by Charities- Ststement of Recommended Practice (SORP 2005);
Accounting Standards:
Flnancial Reputs'ng Standards for Smaller Enterprises (FRSSE),.
or
and with the Charities Act.
' exce
t for the followin
Glv• dotalls In thls ljox M a dlffernnt standard IMS bean followed.
-Tick as appropriate..
if all relevant disclosures shown in the path have been gN8n then please tick'Aco)unts'ng Starvjards.;
if disdogures completed in these accounts have been restricted to thosa wuired by the FRSSE, then please tid(
"Financial Reporting Standards for Smalter Enterprises {FRSSE)".
- If no departures from the chosen stsndards have been made th8n de￿8 th8s8 *Drd8. othepM8e give detsils of any
¢hange8 in the boxes.
1.2 Change In basls of accountlng
There has been no change to the accounting policies {valUat￿n rules and methods of accounting) since last year
(5 except for the following).
Glve detalts In thls box of any matorfal changes that have been mad&
S if no changes have been made to accounting polioes then de￿8 ltr*se words.
1.3 Changes to prevlous accounts
No changes have been made to accounts for previ¢)us years (55 except for the following).
Glve detalls In thls Ix>x of any materlal changes that ha￿ ba•n mad&
55 if no charKJes have been m&Je to accounts for previous P8riCMYs then delets these w￿rdS.
CC178 (Excell
1010612024

Section C
Notes to the accounts
{contl
Note 2
Accounting policies
This standard Ilst of accounting policies has been applled by the charity except forthose deleted. Where a dlffere
or add￿"OnalpollCV has been adopted then thls Is detailed in the box below.
INCOMING RESOURCES
Rfrcoonlllon of Incomlnq
r•8ourc8s
These are indud8d in the Statement of Finanoal Acknvibes (SOFA) when:
the chaiitv becomes 8nti118d to tho r8sources.
the trustees are wrtuallv certain thev will receive the resoure8s: aTh
the monetarv value can be measured wrth suffiaent reliabilttv.
Where incorning resources have related expenditure (as with fijndraising or contract income)
the in￿ming reSoUr￿S and related expendtture are reported gross in the SOFA.
Grants and donations are only induded in the SOFA when th8 charity has unconditional
entrtlement to the rescyjrces.
Incornlng rn8ourcos wlth
related expendriure
Grants and donallon•
Tax r•clalm8 on donatlom
and gllts
Contractual Incomo and
perfonnanc• r•latsd grants
Inc(xning f8soufc88 frc#n tax redaim$ are induded in th8 SOFA at ￿ Sa￿ time as the gift to
they relate.
This is onty Ind￿ the SOFA On￿ th8 related goods or serrfic88 have teen delivered.
Gllts In klnd
Glfts In klnd are accounted for at a rea$￿able estimate of their value to the charity or the
amount acaually realised.
Gifts in kind for sab or distrilyJtion are indudgd in the a¢oJunts as gffts only when sold or
distributed by the Charity
Gifts in kind for use by th8 thanty are induded in th8 SOFA as inccming resources when
T9￿1vable.
These are only included in incomiNJ resour￿ (with an equivalent amount in f8sources
expended) Ithere the benefft to the charity is reasonably quantifiable, mèasurablè and
material. The value placed on these resources is the esb'mated value to the charity of the
seNice or faulity recetved.
Th8 valu8 of any voluntsry help re¢eN8d18 not induded in the accounts but is describ8d in th
trustee$. annual repo
This is in¢luded in the acccwnts wlwi rthxivabJ8.
Donotsd •orvl¢o• and
facllftlo8
Volunts•r h•lp
Invo•lmont Incom•
Invostrnent galn8 and108•M This Includes any gain or loss on the salé of investments and any gain or loss resutting from
revaluing Investments to market value at the erKI of thè year.
EXPENDITURE AND LIABILITIES
Llablllty recognlllon
Liabilibes aTr ￿COgn￿l as soon as there 1$ a *al or cor6tructive oblwab'on committing the
charity to pay out resourcts.
Include costs of the Pfeparation 8fKI examination of ststulory accounts, the costs of trustèè
meeb.ngs and cost of any legal advi￿ to trustees on govemance or ￿nsIrtU￿.0naI matters.
Where the chanty gives a grant vthh cond￿On¥ for rts paymént being a speufic level of service
or outyut to be prowded, such grants aro only recojnised in the SOFA onc* the rècipient of the
grant has provthd the speafied service or outs)uL
These af8 only recognised in the accounts when a commth)ent has been made and thèrè arè
no condth.ons to be mat relkn.ng to the grant vthich remain in the control of the charity.
Support costs indude ￿ntral funclions aThJ have been allocated to ath.vty cost categories on
basis consistent ￿ the use of r8sourc8s. eg allc¢atiThJ property costs by tloor areas, or per
¢aprta. staff costs by th8 trmè ￿nt and other costs by th8ir usage.
Govomanco co•ts
Grants wlth prfomiance
conditlon•
Grants payable wlthout
perforniance ¢ondltlon8
Support c￿ts
ASSETS
Tanglblo flxed a880ts for uso These are capitalised rf they ron be used for more than one year, and cost at least £500.
by eharlty
They are valued at cost or a reasonable value on r￿lpl
Inv08tment•
Inv8Stm8nts quotsd on a recc*3nisehJ stock exchange are valu&J at market value at the year
end. Other investment assets are induded at trustees. best eslimate of market value.
Stock• and worf( In progress These are valued at the lower of cost or market value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE
CC17a {Excel)
1010612024

Section C
Notes to the accounts
(cont
Nots3
Analysis of incoming resourc•s
Incomlng rnSOu￿8S may be further anatysed M thls would help the reader of the accounts.
ThSs yoar
last yoar
Voluntary income
Donations
1,109
1,559
Totsl
1,109
1,559
Actlvitles for generating funds
Fund Raising
58.313
53,622
Totsl
58,313
53,622
Inv￿tment Income
Totsl
Incomlng rosource8 from
charftablo actlvlt108
Total
CC17a (Excd)
1010612024

Section C
Notes to the accounts
(cont}
Note 4
Analysis of resources expended
Resources expended may be furthér anatysod If thls would help the reader of the accounts.
Thls year
Last year
Ana
Is
Costs of generatlng
voluntary Income
Cost of Sales
Other Costs
24,724
19,428
24,017
12,668
Totsl
44.152
36,685
Fundralslng tradlng
costs
Total
Investment
management costs
Total
Charttablo actlvltlo8
Total
Governanco costs
Total
CC17a (EX￿1)
1210612024

Section C
Notes to the accounts
Icontl
Note S
Support Costs
Please complete this note rf the charity has ￿ty58d its expenses uslng actlvlty categorfes and has
support costs.
Fundralslng acllvlty
Charftablo A¢Uvlty
Governa￿¢ Actlvlty
Totsl C08t
Su
ort cost
Totsl
Note 6
8.1 Trustee oxponsos
Please provlde detalls ol the amount ofany payment or rèlmbursement of out•of-pocket up￿$0$ made
to trustees or to thlrd partles ft)r expenses incurred by tmsteos. ff no expenses were pald.
please enter 'None' In thé appmprlate lJox(es).
Detalls of cortain Items of oxpondlthre
Thls y•ar
La8t year
Number of trust•O8 who pald oxpen8
Nature of the expenseB
Total amount pald
6.2 Fees for examlnatlon or audit of the accounts
Please prnvide detalls of the amountpald forany statutory extemal scnrtlny of accounts and other
3eNices provided by your Indepen￿ examlneror audltor. If nothlng was paidplease ent•r NONE In the
appmprfate box(es).
Th18 yoar
Last y•ar
Indepondont •xamln•rfs or audltors, fees for rnportlng on tho
accounts
Other fe68 (for oxamplo: advlce. consultancy, accountsncy
Services) paid to the independent examlner or auditor
oo
CC17a (Excel)
1010612024

Sectioii C
Notes to the accoLints
Icontl
Nots7
Paid employees
Please complete th18 note If the ch•rlty has any •mpIo￿￿$.
7.1 staff Costs
This year
Last year
Gross wago8, salarfes and b8neffts In klnd
Employerfs Natlonal Insurdnce costs
Penslon C￿ts
Totsl Staff costs
7.2 Avorago number of fu114imo equivalont omployeeg In the year
The parts of th• charlty In whlch the
employee8 work
Thls year
Number
Last yoar
Numbgr
Total
7.3 Dellnod contrlbutlon penslon schomo
Please complete Ifa dellned contrlbutlon
Brief dotails of the scheme
enslon scheme Is o
This y•ar
Last year
The ¢08ts of the scheme to the iharlty for the year
The amount of any contrfbutions outstandlng at the year end
The amount of any contrlbutlons prepald at the year end
CC17a (Excell
1010612024

Section C
Notes to the accounts
(contl
Note 8
Grantmaking
Please complete this nots rf the charty made any grants or donatlons whl¢h In aggregats forni a materlal
part of the ¢harftablo activities undertaken.
8.1 Total value of grants
ran
5nstitutions
Total amount £
ran
individuals
Total amount £
Pu
e for whkh
rnnts made
Total
8.1 Grantmaklng costs
If the charlty's accounts are prepared on th• "actfvlty basls" plea$• glve detalls of any support cost
assoclated wlth grnntmaklng. Please enter "Nll" rf the charlty does not Idontlfy and/or alltxate support
costs.
Support C08ts of grantmaklng
£ AI¥LT
8.3 Grants mado to Institution8
If the charlty has mado grants to partlcular Insthrtlons that are materlal In tho context of Its grnntmaklng
please glve details of the Instftutlon support￿. putpose of the grant and total pald to each Instltutlon
Ilsted. Sufficlent Infomiatlon should be glven to pmvlde a reasonable understandlng of the rango of
in8titutlon$ su
Name8 of Instltutlons
Purpose
Total amount of
rants
aid£
Total grants to lnstituts.ons
CC17a {ExceE)
1010612024

Section C
Notes to the accounts
{contl
Note 9
Tangible fixed assets
Please complete thls note Mthe charfty has any tangible fixed assets
9.1 Cost or valuatlon
Frnehold land
& bulldin96
Other land &
bulldlng6
Plan(
ma¢hlnery and
motor
Vohlclo•
Flxture8.
ffttlngs and
equlpment
Payments on
accountand
a88ets under
Constructlon
Total
Balance brought
fowlard
Additions
10,516
10,516
110
110
Revaluations
Disposals
Transfers '
Balance carried
fon4vard
10.626
10,626
9.2 Accumulatsd depreclatlon and Impalrmont provl8lon8
SLorR8
SLorRB
SLorRB
'Basls
SLorRB
SLorRB
** Rats
Balance brought
forward
Depreciation charge
for vear
Impaiment provisions
5.273
5,273
1,338
1,338
Revaluations
Dlsposals
Transfers.
Balance carried
foThvard
6,611
6,811
9.3 Net book value
Brought fopward
Carried foThvard
5,243
4,014
5,243
4,014
9.4 Rèvaluatlon
ff any fixed assets have been rnyaluedplease glve detalls of the valuerand m•thod of valuadon
The 7rnnsfers' row is formovoments between fixed a&8et categoiies.
' Please indicato the mothod of dopreciation by deleting the method not applicable (SL = St￿1ght line,. R8 -
reduong ba18nce). Also please indicate the rnte of depTrC￿.. fOrst￿ght line. what is the 8ntiCW8ted lrfe ofthe
8sset (in Yea￿},. forTrducing balanc4 wh*is the percentage arjnual deduc*Th.
CC178 (Excel)
10
1010612024

Section C
Notes to the accounts
{cont)
Note 10
Investment assets
Please complete thls nots If the charlty has any inV￿trnent &ssets.
10.1 Flxod as8•t8 investments
Carrying (market) value at beginning of year
Add: additions to investrnents at cost
Lts8: disposals al carrying value
Addl(doduct): net gainl(loss) on revaluation
Carrying (market) value at end of year
Please pmvlde below..
10.2 A breakdown of the market valu0• of Investmont8 shown abov• agreelng wlth the balance 8hg•t
row 803.
10.3 A brnakdown of tho Incom• from InvMtments agre•lng wlth SOFA row SO3.
Anatysls of Investments
10.2
Marf(ot valuo at
year end
10.3
Income from
Investments for
th• yoar
Inv08tm•nt prop•rtl•8
Investments Ilstod on a recognlsed stock exchange or hold In common
Investment funds, open ended Inv08tment companies, unlt trusts or other
collective Investment schemes
Investments In 8ub81dlary or conn•¢t•d und•rtaklngs and companles
Securltle8 not118ted on a rwnlsed Sto¢k Exchange
Cash held as part of the Inve81ment portfolio
Other Investments
Total
10.4 Material Investment holdings
If any single inve8tment18 materlal In tsrnls of Its valu• (for example reprwents more than S per cent of tho
value of the charlty's total Investmonts) pl•a8• provide detslls.
Invostmant held
Market Value
CC17a (EX￿1)
11
1010612024

Section C
Notes to the accounts
{cont}
Note 11
Dobtorn and prepayments
Please complete this not• If the charlly has any debtots or
ents.
Analysis of debtors
Amounts falling du•
wlthln one
•ar
Thls year
Amounts falllng due after
more than one
This vear
Last y￿r
Trade debtorn
Amounts due from subsldlary and assoclated
undertaklngs
Other debtorn
Prepayments and accrued Incom•
47.0
Total
Note 12
Credltorn and accruals
Please complete thls note M the charlty has any eredltorn or accruals.
12.1 Analys18 of crndltors
Amounts falllng du•
wlthln one
Thls v
Last v•ar
Amounts falllng due after
more than one
oar
Th18 veaf
Last year
Loan8 and overdrafts
Trade crodltors
Amounts duo to 8ub8ldlary and a88oclated
undortaklng8
Othor credltor8
3,849
41290
Accruals and deferrod Income
Totsl
12.2 Security ovor assets
Irany loan, overdraft or other creditor holds a eharye or othersocurlty overany a&8ets of the charlty
p1th￿e pmvlde details.
CC17a {Excel)
12
1010612024

Section C
Notes to the accounts
(contl
Note 13
Endowment and restricted income funds
Please complete this section rf the charity has any endowment orrestrlded income funds.
13.1 Funds held
Please give a brief doscrlptlon of any of the followlng type of funds h￿d by tha charfty:
p8mianent endowment funds (PE);
expendable endowment funds IEE): and
restrlcted Income funds, Includlng speclal trusts, of the cha17ty {R>.
Fund Name
Typo PE, EE
orR
Pury)080 and Ro8tslctlon8
13.2 Movements of major funds
Please glve detalls of the movements of the major funds summanlsod In the rnstrfcted and •ndowment
columns of the Statement of Flnanclal Actlvttles.
un
balances
brought
forwan*
un
balanc
carrled
forward
Incomlng
Outgolng
Tr￿Ure•S
Galns and
Trnnsfgrn
Fund names
Total Funds
13.3 Transfers between funds
Please glve detslls of any transfers between funds.
From Fund (Name)
To Fund (Name)
Reason
Amount
CC17a (Excd)
13
1Q10612024

Section C
Notes to the accounts
(cont>
Note 14
Transactions with related parties
If the charity has any transactlons wlth rnlatod partles (other than the trustee expenses explained in noto 6)
detalls of such transactlons should be provided in thls noto. If thern are no transactions to report, please
enter "None" in the relevant box8&
14.1 Remuneration and beneffts
Please glve the amount of, and legal authorfty for. any remuneration or other benefrts pald to a trustee or
othor relatedpartles by the charty or any insi?tutlon or company connected wlth IL
Legal authorlty (eg order,
govaming document)
Amounts pald or beneflt value
Thls year
Last year
Name of tru8ts• or connectod party
14.2 Loans
Please glve detalls of and amounts owing to or from the charlty's trustees or othw rolatod partles by the
Charlty at the year end.
Name of trustee or
connect￿ party
Amount owlng
Th18 year
Last year
Legal authorlty
Due to truste￿ and
r•lated partle8
Du• from truste8s
and relat￿ Dartles
erlG
14.3 Other transactlon(8) with trustw or related parties
Please glve details of any transactlon undertaken by (or on beham ofj th• charity In whl¢h a trustee or
rel8ted party has a material interest
Name of tho trustee
Relationshlp to
or rolatod
cha
Doscriptlon of the
transactlon
Th58 year
Last y￿r
•J
CC17a {Excel)
14
1010612024

Section C
Notes to the accounts
cont
Note 15
Additional Disclosures
The followlng are slgnificant matters which are not covered in other notes and need to be included to
provide a proper understanding of the accounts. If there is insufficient room herei please add a
separate sheeL
CC17a (Excel)
15
1010612024