REGISTERED CHARITY NUltrtBER: 1011968 Report of tbe Trustees 8nd Flllanclal Statements for the Year Ended 31 March 2025 for West Boivllng Communlty Centre Abrah<im Accountants Sher Hoiise 46 Floiighton Place Bradford Wcsl Yorkshirc BDI .IRG
Wt Bowling Community Centre Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Statement of Flnanclal Acdvltles Balance Sheet Notes to the Financial Statements Detglled Stotement of Fln8ncisl Actlvitles 10 to 11
West Boivling Community Centre Report of the Trustees for the Year Ended 31 March 2025 The trustees present their report TAritli the fancIal statements of the Charity for the year ended 31 March 2025. The trustecs have adopted the provision5 of Accounting and Reporting by Charities., Statement of Recommended PTElCtice applicable to charities preparijjg their accounts in accordance vill) the Financial Reporting Standard applicable in the UK and Republic of treland (FRS 102) (effective l January 2019). STRUCTURE, GOVEReE AND MLNAGEMENT GovernlDg document The charity is controlled by its govemin8 document, a deed of trust and consti¢Utes ¢ unincorporated chariry. REFERENCE AND ADMINISTII4TIVE DETAILS Registered Ch&rity number 1011968 Principal address Clipstone Street Bradford Yorkshire BD5 8EA Abraham Lhartered Certified Accouiilail:" 46 Houghton Place BUDFORD BDI 3RG l., (D,1274) 774411 Fax: 774I11:'1' c-rri.#i I". I n nl&8hraham8ccountan', Trustees Mrb F Mir MI'NHAII Mr I Shafiq Mr l Khan Mrs N Khan Mr A H Islluil Ik.i- &¢&J- Approved by ordei. of thc boai'd of tiwstecs on by,, and signed oli lis b¢half Mr N H Ali- TNstee
West Bowling Con)munity Centre Statement of Financial ActiTrities for tbe Year Ended 31 Trfarch 2025 2025 Total funds ?024 Total fijnds Unrestricted Restricted nd fund Notes INL COME AND ENDOWMENTS FROM Donalions and legactes 55,150 311,453 366,603 491,865 Investment income 1,952 1,952 1,007 Total 57,102 311,453 368,555 492,872 EXPENDITURE ON Raising fiJnds 1.291 320,670 321,961 372,569 NET INCOMEI(EXPENDITURE) 55,811 (9,217) 46,594 120,303 RECONCILIATION OF FUNDS Total funds brought forward 50.3,305 503,.305 383,002 TO'fAL FUYDS CARRIED FORWARD 559,116 (9,217) 549,899 503,305 The notes lorn] part of diese ful1¢1a1 statements Page 2
West Boivling Community Centre Balance Sheet 31 March 2025 2025 Total funds 2024 Total fimds Unrestricted Restricted fiind fund Notes FIXED ASSETS Tangible assets 2,429 2,429 3,239 CURRENT ASSETS Cash at bank and in h(md 556,687 556,687 508,455 CREDITORS Amounts talling diic within one year (9,217) (9,217) (8,389) NET CURRENT ASSETSI(LIABILITIES) 556,687 (9,217) 547,470 500,066 TOTALASSETS LESS CURRENr LIABTLrriES 559,116 (9,217) 549,899 503,305 NET ASSETS SS9,116 (9,217) 549,899 503,305 FUNDS Unrestricted tlJnd5' Restricted fjjnds 559,116 (9,217) 503,305 TOTAL FUNDS 549,899 503,305 The financial statements were approved by tlie Board of Trustees and aiithorised for issue on ../..I, I l.Zol... .. and were signed on its behalf by: Mr N H Ali - Trustee The notes fom] part of ihese financial statements Page 3
West Boivling Communlty Centre Notes to the Financlal Statements for the Year Ended 31 March 2025 RESERVES POLICY The charity's reserves, excludins fixed assets, at the year end were £556,687 froiii which £60,166.00 is restricted. Tlie trustees aitn to hold £320,264 (9 month8 ninning costs plus 6 months running costs for core staff in cases of closure) in unrestricted reserves, in order to meet any unfoi'eseen expenditur¢, unexpected reductions in income and cash flow rcquiiEments relatcd lo amounts b¢ing paid In arrears. The Tnisle¢s are planning to use tlie remaining £176,257 towards capital refurbishment of the building. ACCOUINTING POLICIES Basis of preparing the financial ststements The fmancial statements of the charity, which is a public benefit entity Lder FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'AccoLllitin8 and Repoiting by Charities: Statemcnt of Rccomnicndcd Practi¢¢ applicablc to charitie8 preparing iheir accounts in accordance witli the Financial Reporting Standard applicable in the UK 10 Republic of Ireland (FRS 102) (effective l Jaiiuary 2019),, Financial Reporting Standard 102 'The Financi<21 Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. Tlie financial stalcmcnts have b¢en prepared under the historical cost conventioi). Income All income is recognized iii the Siatement of Financial Activities once the chariry has entitleinent to tlie fiinds, it is probuble that the income will be received And tlje amount can be measured reliably. Expenditure Li¥ibiliti¢s are recogiiized as expenditLire as soon as ther¢ is a legal or coiistructive obligation conmitting the Lharity to that expendlture, it is probable that il transfer of economic benefits will be required ill seitlement and the ainount of the obligation can be ineasured reliably. Expenditure is accounted foi. oil an acciuals basis and ha5 becn classified under headings t aggre&iate all cost ielated to Ilie Cdtegory. Where Losts. L¢inllOt be directly altribLiied to particular headings tbey have been allocated to activities on a basis consistent wilh the use of re5011rces. Tangible fixed a55ets Depreciation is provided at the following annLial rates in order to IlTlte off each asset over its estin141t¢d usefijl life. Taxatlon The chai'ity is exeinpt froni on its chai'itable activities. Fund accounting Unrestricted tund8 can be used in accordaiice with the charitable objectives at tlie discretion of the trnstEes. continued...
West Boivling Community Centre Notes to the Flnanclal Statements - contlnued for the Year Ended 31 imarch 2025 ACCOUNTING POLICIES- eontlnued Fund aecountSng Restricted funds ¢dn only be used for parti¢iilar restricted purposes withiji tlie objects of the charity. Restrictioiis arise when specified by the donoi. or when funds are raised for particular restricted pPoses. Further explanation of the nature and puiyose of each fwid is llicluded in the Iiotes to tlie fmancial statemenis. tNVESTMENT ThCOME 2025 2024 Bank Interest 1,952 1,007 TRUSTEES, REMUNERATION AJYD BENEFITS There We no tn15tees' remuneration or other benefits for the year ended 31 March 2025 nor for th¢ year end¢d 31 March 2024. Trustees, expeThse$ There w¢re 110 trLlStees' expenses paid for tlie year aided 3 l March 2025 iior foi. thc ycar ended 31 March 2024. COIWIPAIL4TIVES TrOR THE STATEMENT OF FIINANCIAL ACTIVITIES Unrestricled fiind INCOME AND ENDOWMENTS FROM Donations and legacies 491,865 Investment income 1,007 Total 492,872 EXPEI¥4DITURE ON Raising fiiIids 372,569 T*T tNCOME l?O,J03 Page 5 eoiitinued,,.
West BoivlAng Community Centre Notes to the Financial Statements - contlnued for the Vear Ended 31 March 2025 COMPARATtVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- Colltlnued Unrestricted fuad RECONCILIATION OF FUNDS Total funds brought foThvard 383.002 TOTAL FUNDS CARRtED FORWARD 503,305 TANGIBLE FIXED ASSiETS Fixtures and fittings COST At l April 2024 and 31 March 2025 20,467 DEPRECIATION At l Api'il 2024 Charge for year 17,228 8111 At 31 Marcli 20?5 18,038 NET BOOKVALUE At 31 March 2025 2,429 At 31 March 2024 Page 6 coiItÉllULd...
West Boivling Communtty Centre Notes to the Fingncial Statements * contlnued for the Ye2r Ended 31 March 2025 CREDITORS: AfvIOUNTS FALLLNG DUE WITHIN ONE YEAR 2025 2024 T&xation and social securiry 9,217 8,389 MOVEMENT FUhs Net ovemeiit in funds At 3113125 Ai 114/24 Unrestrlcted funds GeneraL Fund 503,305 55,811 559,116 Restricted fiiiids Restrtcted Funds (9217) (9,217) TOTAL FUNDS 503J05 46,594 549,899 Net movement in funds, included in tlie above are as follows: InLoming Rcsoui'ces Mov¢iiient i'esources expended iii funds Unrestricted funds General Fund 57,102 (1,291) 55,811 Restricted funds Restricted Flinds 311,453 {320,670) (9,217) TOTAL fiUNDS 368,555 {321,961) 46,594 Page 7 continiied...
West Bojvlillg CommunitiT Centre Notes to the Ffinancial Statements - continued for the Year Ended 31 March 2025 MoN'EmE'T IN FUNDS- contlnued Comparatives for movement in funds Net movement in funds At 3113124 At 114123 Unrestricted funds General Fund 383,002 120,303 503,305 TOTAL FUNDS 383,002 120,303 503,305 Comparalive net ruovemfflit iii fiIDds, iiicluded in the above ar¢ as follow5: Incoming Resources Movement rcsoiiirc5 expcnded in funds Unrestrieted funds General Fund 492,872 (372,569) 120,303 TOTAL FUNDS 492,872 (.172,569) 120,303 A cuThent year 12 nioiiihs and prioi. y¢ai' 12 moiitbs coinbined position is a5 folloivs: Net moveinent iii ftinds At 3113125 Al 114123 U nrestricted funds General Fund 383,002 176,114 559,116 Restricted funds Restricted Funds (9,217) (9,2171 TOT.4L FUNDS 383,002 166,897 549,899 Page 8 continued...
West Boivling ComD]unity Cejjtre Notes to the Financial Statements - ¢onttnued for the Year Ended 31 Imarch 2025 ,IOVETrIENT IN FUh'DS- continued current yeai, 12 months and prior year 12 month.s combiiied net Inovernent in funds, included in tlie above are ds follows,. Incoming Resources Movement r¢soLirces expended in funds Unrestricted funds General Fund 549,974 (373,860) 176,114 Restricted tunds Restrtcted Funds 311,453 (320,670) (9,217) TOTAL FUNDS 861,427 (694,530) 166,897 REL.4TKD PARTY DISCLOSURES Tliere were no related party transactions for the yeoi. ended 31 March 2025.
West Boivling Community Centre Detailed Statement of Flnanclal Aetlvities for the Year Ended 31 March 2025 ?025 2024 ThCOTrIE AND ENDOWMEYTS Donations and l¢gacles Family Action BMDC Day Opss EUSS BMDC Core Costs Business Grants BSB NP Mental Well Being Other Granls Other Inconie Pears Healthy Hearts 60513 21,783 2,500 4,500 14,317 174,162 9,98? 151,408 41,989 23,275 7,425 9,982 72,866 55,150 10,000 28,000 Karrnand Centre BCVSA 99,107 10,798 10,711 366,603 491,865 Investment Income Bank Intcrest 1,952 1,007 Total iacoming resources 368,555 492,872 EXPEIITIITURE Raislng donations and legacies Wage5 Rates and water Insurance Light and heat Telephone Postage and statioiicry Repairs & Renewals ProL'essional Fces Carried forward 176,130 1,269 2,135 15,266 3,959 530 34,129 3,75l 237,169 226,028 1,992 16,723 4,179 6?4 25,791 1.751 278,254 Thi5 page du¢b noi foiin part of ihe s1(ilulory linancial statenithils Page 10
West Bowllng Community Centre DetaIl( Statement of Flnanclal Activities for the Year Ended 31 .March 2025 2025 2024 Raising donatEons and lega¢ies Brought foiward Accountallcy Projeci Expenses Sundries Rent Depreciation of tangible fixed a55ets 237,169 1,632 -$5,799 3,516 23,035 810 278,254 1.632 64,404 4,199 23,000 1,080 321,961 372,569 Total resoiwces expended 321,961 372,569 Net income 46,594 110,303 This pagi dues iiol form pan ol: ilie 5tdlLIIoTy fin¢lIlLial statenienl Page 11