f[s]
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REGISTERED COMPANY NUMBER: 2919896 (England and Wales) REGISTERED CHARITY NUMBER: 1037403
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
FOR THORLEY COMMUNITY CENTRE LIMITED
Cook and Partners Limited Chartered Accountants 32 Rye Street Bishop's Stortford Hertfordshire CM23 2HG
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## THORLEY COMMUNITY CENTRE LIMITED
## CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
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|Page|
|Report|of the|Trustees|t|to|2|
|Independent|Examiner's Report|3|
|Statement|of Financial|Activities|4|
|Balance|Sheet|5|
|Notes|to|the|Financial Statements|6|to|10|
|Detailed|Statement|of Financial Activities|11|
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## : THORLEYCOMMUNITYCENTRE LIMITED FOR THEREPORTYEAR OFENDEDTHE31STTRUSTEESAUGUST 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement 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 ACTIVITIES
## Objectives and aims
The principal activity of the company is the provision and maintenance of a community centre for the use of the inhabitants of the areas around Thorley Park in Bishop's Stortford, Hertfordshire.The Director Trustees encourage use of the centre for activities for young people and the elderly.
Significant activities The Centre is now at the age where routine, but more major maintenance may be expected, but we have been fortunate that nothing major has been required.
## ACHIEVEMENTS AND PERFORMANCE
Charitable activities ; The purpose of the trust remains the provision and maintenance of the community centre. The majority of uses during the day have remained more or less as they were for last year, ie. for young people, including Mother and Toddler class, Yoga and Pilates or for older people, such as Yoga and U3A fitness classes.
In the evenings, the activities are more biased towards adults and include Dance and Keep Fit classes as well as Physio Pilates and until July 2025 Bounce and Karate. The weekend uses remain the same too, particularly in the mornings, include Bounce, Karate classes and the Dance School.
Saturday evenings and Sunday afternoons are still generally reserved for casual bookings by local people wishing to organise children’s parties, quiz nights and informal meetings. Periodically the centre is used as the local Polling Station. ,
## STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## Recruitment and appointment of new trustees
The Trustees have generally been invited to become trustees because of the skills they have to offer. Persons interested are elected at the Annual General Meeting. The Trustees have sought to involve users as trustees, but despite regular requests, no one from the present users currently wishes to become a Trustee. Press Releases seeking people to become Trustees have been issued, The Trustees are seeking to establish a successful plan to encourage new Trustees and ensure continuation of management if any of the current Trustees no longer wish to continue.
## Organisational structure
Board Meetings are held at appropriate times throughout the year to set policy and make appropriate decisions on financial matters. Day to day decisions as to the hiring of the hall, cleaning, maintenance, repairs etc are delegated to the Centre Manager, Mr J Bailey, who also acts as Treasurer.
Induction and training of new trustees
As a small charity, with little turnover in trustees, there is no forma! induction procedure. The Chair, Michael Talbot, who was a Trustee of a major national charity, inducts trustees on an informal basis, and provides copies of appropriate Charity Commission guidelines as to roles, duties and responsibilities of trustees to new trustees.
## REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 2919896 (England and Wales)
Registered Charity number
1037403
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THORLEY COMMUNITY CENTRE LIMITED
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2025
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Registered office 6,Market Square Bishops Stortford Hertfordshire CM23 3UZ
Trustees M Talbot Director Trustee N Barrett Director Trustee
Company Secretary M Talbot
Independent Examiner Cook & Partners Limited Cook and Partners Limited Chartered Accountants 32 Rye Street. Bishop's Stortford Hertfordshire CM23 2HG
Bankers National Westminster 7 North Street Bishops Stortford Hertfordshire CM23 2LD
Solicitors Nockolds Solicitors Limited 6 Market Square, Bishop's Stortford, Herts, CM23 3UZ {SsApx[j] Approyed-by order of the board of trustees on EHtrivfarch 2026 and signed on its behalf by:
M Talbot - Trustee
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## . INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THORLEY COMMUNITY CENTRE LIMITED
Independent examiner's report to the trustees of Thorley Community Centre Limited (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2025.
Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
- 4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
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Cas Par bn
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Cook & Partners Limited
Cook and Partners Limited Chartered Accountants 32 Rye Street Bishop's Stortford Hertfordshire CM23 2HG
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17th March 2026
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## THORLEY COMMUNITY CENTRE LIMITED
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## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025
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||||||||
|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Other trading|activities|2|42,923|-|42,923|42,145|
|Investment income|3|1,489|-|1,489|1,563|
|Total|44.412|-|44,412|43,708|
|EXPENDITURE|ON|
|Raising funds|48,786|5,725|$4,511|47,069|
|NET INCOME/(EXPENDITURE)|(4,374)|(5,725)|(10,099)|(3,361)|
|RECONCILIATION|OF FUNDS|
|Total|funds brought forward|154,812|207,452|362,264|365,625|
|TOTAL FUNDS CARRIED FORWARD|150,438|201,727|352,165|362,264|
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The notes form part of these financial statements
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. THORLEYCOMMUNITYCENTRE LIMITED
BALANCE SHEET
31ST AUGUST 2025
2025 2024
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 7 - 201,727 201,727 207,452
CURRENT ASSETS
Debtors 8 2,584 - 2,584 4,710
Cash at bank 151,055 - 151,055 152,226
153,639 - 153,639 156,936
CREDITORS
Amounts falling due within one year 9 (3,201) : (3,201) (2,124)
NET CURRENT ASSETS 150,438 - 150,438 154,812
TOTAL ASSETS LESS CURRENT
LIABILITIES 150,438 201,727 352,165 362,264
NET ASSETS 150,438 201,727 352,165 362,264
.
FUNDS 10
Unrestricted funds 150,438 154,812
Restricted funds 201,727 207,452
TOTAL FUNDS 352,165 362,264
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of’ the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. ;
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. - The financial statements were approved by the Board of Trustees and authorised for issue on M#th-b4aseleIisPyych 2026 and were lod behalf by: M Talbot - Trustee ,
:
The notes form part of these financial statements
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1. ACCOUNTING POLICIES
## : THORLEY COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity 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 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
TIneome All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure Liabilities 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 cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property Fixtures and fittings - 25% on cost
Taxation The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose ofeach fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
:
|OTHER TRADING ACTIVITIESTRADING ACTIVITIESACTIVITIES|||
|---|---|---|
||2025|2024|
||£|£|
|RegularBookings
OccasionalBookings|38,816
4,107|37,707
4,438|
||42,923|42,145|
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THORLEY COMMUNITY CENTRE LIMITED
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## NOTESFORTOTHETHE YEARFINANCIALENDED STATEMENTS31ST AUGUST-2025continued 3. INVESTMENT INCOME
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|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Deposit|account|interest|1,489|1,563|
|4,|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|2025|2024|
|£|£|
|Depreciation|- owned|assets|5,725|5,725|
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5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31st August 2025 nor for the year ended 31st August 2024.
## Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31st August 2025 nor for the year ended 31st August 2024.
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|---|---|---|---|---|---|
|6.|COMPARATIVES|FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|fund|funds|
|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Other trading|activities|42,145|-|42,145|
|Investment|income|1,563|-|1,563|
|Total|43,708|-|43,708|
|EXPENDITURE|ON|
|Raising|funds|41,344|5,725|47,069|
|NET INCOME/(EXPENDITURE)|2,364|(5,725)|(3,361)|
|RECONCILIATION OF FUNDS|
|Total|funds brought forward|152,448|213,177|365,625|
|TOTAL FUNDS CARRIED FORWARD|154,812|207,452|362,264|
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## THORLEY COMMUNITY CENTRE LIMITED
## NOTESFOR TOTHE THE FINANCIALYEAR ENDED STATEMENTS31ST AUGUST-2025continued
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|---|---|---|---|---|
|7.|TANGIBLE FIXED|ASSETS|
|Fixtures|
|Short|and|
|leasehold|fittings|Totals|
|£|£|£|
|COST|
|At|lst|September 2024|and|
|¢|31st August 2025|343,474|5,403|348,877|
|DEPRECIATION|
|At|Ist September 2024|136,022|§,403|141,425|
|Charge|for year|5,725|-|5,725|
|At 31st August 2025|141,747|5,403|147,150|
|NET BOOK VALUE|
|At 31st August 2025|201,727|-|201,727|
|At 31st August 2024|207,452|-|207,452|
|8.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|2025|2024|
|£|£|
|Trade|debtors|2,584|4,710|
|9.|CREDITORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|
|2025|2024|
|£|£|
|Trade|creditors|2,121|1,044|
|Accrued expenses|1,080|1,080|
|3,201|2,124|
|10.°|MOVEMENT|IN FUNDS|
|Net|
|movement|At|
|At|1.9.24|in|funds|31.8.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|154,812|(4,374)|150,438|
|Restricted|funds|
|New Community Centre|Building Fund|207,452|(5,725)|201,727|
|TOTAL FUNDS|362,264|(10,099)|352,165|
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THORLEY COMMUNITY CENTRE LIMITED
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10. MOVEMENT IN FUNDS- continued
## NOTESFOR TOTHETHE YEARFINANCIALENDED STATEMENTS31ST AUGUST-2025continued
Net movement in funds, included in the above are as follows:
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|---|---|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|44,412|(48,786)|(4,374)|
|Restricted|funds|
|New Community|Centre|Building Fund|-|(5,725)|(5,725)|
|TOTAL FUNDS|44,412|(54,511)|(10,099)|
|Comparatives|for movement|in|funds|
|Net|
|movement|At|
|At|1.9.23|in|funds|31.8.24|
|£|£|£|
|Unrestricted|funds|
|General|fund|152,448|2,364|154,812|
|Restricted|funds|
|New Community|Centre|Building Fund|213,177|(5,725)|207,452|
|TOTAL FUNDS|365,625|(3,361)|362,264|
|Comparative|net movement|in funds,|included|in the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|43,708|(41,344)|2,364|
|Restricted|funds|
|New Community|Centre Building Fund|-|(5,725)|(5,725)|
|TOTAL FUNDS|43,708|(47,069)|(3,361)|
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THORLEY COMMUNITY CENTRE LIMITED
## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025
## 10. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
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|||||||
|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.9.23|in|funds|31.8.25|
|£|£|z|
|Unrestricted|funds|
|General|fund|152,448|(2,010)|150,438|
|Restricted|funds|
|New Community|Centre|Building Fund|213,177|(11,450)|201,727|
|TOTAL FUNDS|365,625|(13,460)|352,165|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|88,120|(90,130)|(2,010)|
|Restricted|funds|
|New Community|Centre|Building Fund|-|(11,450)|(11,450)|
|TOTAL FUNDS|88,120|(101,580)|(13,460)|
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11, RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2025.
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## THORLEY COMMUNITY CENTRE LIMITED
## DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025
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|---|---|---|---|
|2025|2024|
|£|£|
|INCOME AND ENDOWMENTS|
|Other|trading|activities|
|Regular Bookings|38,816|37,707|
|Occasional|Bookings|4,107|4,438|
|42,923|42,145|
|Investment|income|
|Deposit account interest|1,489|1,563|
|Total incoming|resources|44,412|43,708|
|EXPENDITURE|
|Other|trading|activities|
|Wages|9,700|9,700|
|Water Rates|522|694|
|Insurance|1,494|1,226|
|Light and Heat|8,212|3,975|
|Alarm System|260|217|
|Telephone|1,650|1,227|
|Licences|536|505|
|Administration|Expenses|2,246|332|
|Repairs|and Maintenance|3,009|1,443|
|Cleaning|19,693|20,535|
|Sundry Expenses|-|(306)|
|Auditors'|Remuneration|1,080|1,080|
|Equipment|-|134|
|Secuirty|384|582|
|Short|leasehold|5,725|5,725|
|§4,511|47,069|
|Total resources|expended|54,511|47,069|
|Net expenditure|(10,099)|(3,361)|
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This page does not form part of the statutory financial statements
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