E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 REGISTERED CHARITY NUMBER: 1031779 Report of the Truslees and Unaudiied Financial Statements for the Year Ended 31 March 2025 THE MAYBURY CEKfRE TRUST HM Accountax Ltd Chartered Certified Accountants 86-90 Paul Street Islington London EC2A 4NE
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes lo the Financial Ststements Detailed Statement of Financial Activities 10
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Report of Ihe Trusiees for the Year Ended 31 March 2025 The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The truslees have adopted the provisions of Accounting and Reporting by Charities: Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). OBJECTIVES AND AcTIVlEs Objectives and aims The charitable objects of the charity are: To establish, maintain and manage a communty cenlre for the use often inhabitants of the borough of woking wilhout dislinction of ethnic origin. polilical religious or other opinions including use for meetings, lectures and classes, and for other forms of recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants. Public benefil The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit. FINANCIAL REVIEW Financial position During the year the chartty received income of £99.851 (2024: £112.168), with expenditure amounting 10 £129,273 {2024: £59,999) resulting in a deficit of £29,422 {2024: surplus of £52,169)- There are unrestricted accumulated reserves of £94,48412024:£123,906) and restricted accumulated reserves of £27,300 {2024: £27,300). The charity's income resulted from grants and from the hire of meeting rooms at the Maybury Centre. Woking Borough Council provided unrestricted grant support in respect of the general operations of the Centre and a restricted grant for the Liaise Women's Centre was received from the Community Foundation for Surrey Reserves policy The trustees aim to ensure that sufficient funds are maintained to enable the trust to carry out its activities. STRUCTURE, GOVERNANCE AND mANAGEmEr Governing document The charity is a registered charity and is governed by its Trust deed. It was first registered as a charity on 21 January 1994. Recruitment and appointment of new Irustees The charity is governed by a board of Irustees drawn from local community- This is to ensure that the board has skills and experience required to oversee the management of the charity and its operation. Induction and Iraining of new Irustees All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an induction to other trustees, an overview of the recent business and an explanation of board format and process. Key management muneratIon The truslees are considered to be the key management rsonnel of of the charity, in charge of directing and controlling the charily and running its day to day operations. All trustees give of their time freely and no trustee remuneralion was paid in the year. Trustees are required to disclose all relevant interests and register them with Board of Trustees, and, in accordance with trusls policy, withdraw from decision where a conflict of interest arises. Details of trustee expenses and related paty transactions are disclosed in notes to the accounts. Related parties The Charity does not hold assels on behalf of any another Charity, company or individual. Page 1
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Report of Ihe Trusiees for the Year Ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1031779 Principal add$9 Maybury Centre Board School Road Woking Surrey GU215HD Trustees Dr S Naqvi Mr T Aziz (appointed 17.5.241 Mr B S Randhawa Dr F Hussain Miss A Javaid Ms S Popa Independenl Examiner HM Accountax Ltd Chartered Certified Accountants 86-90 Paul Street Islington London EC2A 4NE STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclice}. Charity law requires the trustees to prepare financial statements for each financial year. Under that law. the trustees have elected to prepare the financial statements in accordan with United Kingdom Generally ACpted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of reSoUrs, including the income and expenditure, of the charity for thai period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudenl" prepare Ihe financial stalements on Ihe going concem basis unless il is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose wtth reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with Ihe Charilies Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also resFX)nsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on 31 January 2026 and signed on its behalf by: D S Naqvi Dr S Naqvi - Trustee Page 2
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 Independent Examiner's Report to the TNslees of The Maybury Centre Trusl Independent examiner's report lo the trustees of The Maybury Centre Trust I report to Ihe charity trustees on my examination of the accounts of The Maybury Centre Trust (the Trust) for the year ended 31 March 2025. Responsibilities and basis of report As the charity trustees of the Trust you are resnsIble for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Yhe Act')- I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying oul my examination I have followed all applicable Directions given by the Charity Commission under Seclion 145(5llb) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of tt)e Trust as required by Section 130 of the Act,. or the accounts do not accord with those records: or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 olher 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. M H Haider Muhammad H Haider FCCA ACA HM Accountax Ltd Chartered Certified Accountants 86-90 Paul Street Islington London EG2A 4NE 31 January 2026 Page 3
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST siaiemeni of Financial Aciivilies for the Year Ended 31 March 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donalions and legacies 1,557 1,557 4,486 Investment income 98,294 107,682 Total 99,851 99,851 112,168 EXPENDITURE ON Charitsble aclivilies Charitable 129,273 129,273 59,999 NET INCOMEI{EXPENDITURE) (29,422) (29,422) 52,169 RECONCILIATION OF FUNDS Total funds brought fOard 27,300 123,906 71,737 TOTAL FUNDS CARRIED FORWARD 67,184 27,300 94,484 123,906 The notes form part of these financial statements Page 4
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Balance Sheet 31 March 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted fund Notes CURRENT ASSErs Cash al bank 67,684 27,300 94,984 123,906 CREDITORS Amounts falling due within one year (500) (500) NET CURRENT ASSETS 67.184 94.484 123,906 TOTAL ASSEfs LESS CURRENT LIABILITIES 67.184 94.484 123,906 NET ASSETS 67.184 94.484 123,906 FUNDS Unrestricted funds Restricted funds 67,184 27,300 96,606 27,300 TOTAL FUNDS 94,484 123,906 The financial statements were approved by the Board of Trustees and authorised for issue on 31 January 2026 and were signed on its behalf by: D S Naqvi Dr S Naqvi - Trustee The notes form part of these financial statements Page 5
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial stalements of the charity, which is a public benefit enltty under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102} (effecttve 1 January 2019),, Financial Reporting Slandard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, il is probable that the income will be received and the amount can be measured reliably. Expenditure Liabililies are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cosl related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consislenl with the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charttable objectives al the discretion of the Iruslees. Restricted funds can only be used for particular restricted purposes within the objects of the charty. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hire purchase and leasing commitments Rentals paid under operating leases are charged lo the Statement of Financial Activities on a straight line basis over the period of the lease. INVESTMEf+Tf INCOME 2025 2024 Rents received Deposit account interest 96,810 1,484 106,974 708 98,294 107,682 Page 6 continued...
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Noies io the Financial siatemenls - conlinued for the Year Ended 31 March 2025 TRUSTEES, REMUNERATION AND BENEFrrs There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for Ihe year ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVMES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMETrrfs FROM Donations and legacies 4,486 4,486 Investment income 107.682 107,682 Total 112.168 112,168 EXPENDITURE ON Charitable activities Charitable 59,999 59,999 NET INCOME 52,169 52,169 RECONCILIATION OF FUNDS Total funds brought forward 44,437 27,300 71,737 TOTAL FUNDS CARRIED FORWARD 96,606 27,300 123,906 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other creditors 500 MOVEMENT IN FUNDS Net movement in funds At 3113125 At 114124 Unrestricied funds General fund {29,422) 67,184 Resiricted funds Liaise grants 27.300 27.300 TOTAL FUNDS 123,906 (29,422) 94,484 Page 7 continued...
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Noies io the Financial siatemenls - conlinued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricled funds General fund 99,851 (129,273) (29,422) TOTAL FUNDS 99,851 (129,273) (29,422) Comparaiives lor movemenl in funds Net movement in funds At 3113124 At 114123 Unrestricted funds General fund 44,437 52,169 96,606 Restricted funds Liaise grants 27,300 27,300 TOTAL FUNDS 71,737 52,169 123,906 Comparative net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 112,168 (59,999) 52,169 TOTAL FUNDS 112.168 159,9991 52,169 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 3113125 At 114123 Unrestricted funds General fund 44,437 22,747 67,184 Reslricted funds Liaise grants 27,300 27.300 TOTAL FUNDS 71,737 22,747 94,484 Page 8 continued...
E-sign ID: 53e5415&cbcc4bc7-862d-51a1a0959db6 THE MAYBURY CEKfRE TRUST Noies io the Financial siatemenls - conlinued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined nel movement in funds, included in the abjve are as follows- Incoming resources Resources expended Movement in funds Unrestricied funds General fund 212,019 (189,272) 22,747 TOTAL FUNDS 212.019 {189.2721 22,747 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 9