ST MARGARET CENTRE TRUST TRUSTEES REPORT AND FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 DECEMBER 2024
ST MARGARET CENTRE TRUST CONTENTS Page Legal and Administrative Inforniation Trustees, Report Independent Examiners Report Receipts and Payments Account Statement of Assets and Liabilities
ST MARGARET CENTRE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees R E Pfleger Mrs J Freeman Mrs S King Principal Office Kenwin Close Swindon SN3 4NY Registered Charity Number 1031285 Independent Examiner P J Crowley FCA Derrick Newman Ltd 29 Bath Road Swindon SNI 4AS Bankers Lloyds Bank 82 Regent Street Swindon SNI IJL
ST MARGARET CENTRE TRUST ST TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report and accounts for the year ended 3 1st December 2024. Trustees The trustees who served during the year were: R E Pfleger Mrs S M Foggin - Resigned l O December 2024 Mrs J Freeman Mrs S King Constitution, Objects and Policies The charity is governed by its constitutional document. The objectives and policies of the charity are to supply a community centre for the enjoyment and use of the local community. Financial Review The result for the year is a Net Deficiency of £4,249 (2022 a Deficiency of £1.707) Reserves Policy All ongoing activities of the charity are financed from unrestricted funds. Risk The major risks to which the charity is exposed have been reviewed and systems established to mitigate those risks.
ST MARGARET CENTRE TRUST ST TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Statement of Trustees, Responslbilities Charity law requires the trustees to prepare financial statements for the financial year which give a true and fair view of the state of affairs of the charity at the year end and of Its incoming resources and resources expended during that year. In preparing those financial statements the trustees are required to: -select suitable accounting policies and apply them consistently: -make judgements and estimates that are reasonable and prudent; -prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business. The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the fmancial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 201 l. They are also responsible for safeguarding the assets of the charity and hence for taking steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees and signed on their behalf by: R E Pfleger
tNDEPENDENT EXAfvtINERS REPORT TO THE TRUSTEES OF ST. MARGARET CENTRE TRUST I report to the tDJstees on my examination of the accounts of the St. Margaret Centre Trust (the Tnt) for the year ended 31 December 2024 Responsibilities and Bagis of Report As the charity trustees of the Trust you are responsible for the PTep2rntion of the accounts in accordance with the requirements of the CbaTities Act 2011 ('the Act.). I report in respect of my examination of the Tt'S accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions gAven by the CTharity Commission under section 145(5)(b) of the Act. Independent Examiner's Statement I have completed my ex2mination. I confirnl that no material Matt havc come to my attention in connection with the examination giving me cause to believe that in anv materRal respect . (l) accounting recor(Ls were Dot kept in respect of the Tnt as T¢quircd by 5tion 130 of the Act . or (?) the accounts do not accord with those records. I have no concerns aud have ¢0C across no other matters in connection with the examination to which attention should be drawn ID this Tespect LTA order to enable a proper understanding of the accouuts to be Teache(L P J Crowley FCA 29 Bath Road swindon SNI 4AS 16 April ?025
ST MARGARET CENTRE TRUST Registsreo Charity No. 1031285 FINANCIAL STATEMENT FOR YEAR ENDING 31st DECEMBER 2024 Reeeipts and Payment Account Unrestricted Funds 2024 2023 Receipts Incom¢ from Invcstm¢nts 2,908 2,759 Income from use of Centre ?7,415 24,303 Totsl Receipts 30.323 27.062 Payments Athninistration 16 Services 16,828 14,367 Insurance 1.451 bixtures & Fittings 4.433 Repairs & Maintenance 3,818 6,471 Cleaning & Gardening 8,042 Total Expenditsre 34.572 28,769 Exc£ss Payments over Receipts 1,707 Balance at Bank 1st January 65.080 66.787 Totsl 65.080 C&sh at Bank 31 si December CCI.A Lloyds Total 55,04) 5.788 59,136 5.944 65.080
ST MARGARET CENlllE TRUST sTATETrNT OF ASSETS AND IJABILITIES AS AT 31st DECEMBER 2024 2024 2023 Monetary Assets C&8h at Bank 60,831 65,080 Debtors Electricity 340 Fixed Assets EquipmenL Fixtures & Fittings 25,000 ?5,000 Liabilities 295 Electricity 1,200 84 57 Water