## **WALTON COMMUNITY FACILITIES**
(A company limited by guarantee)
## **Registered Charity Nº 1051983**
**Company Nº 3140513**
**REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
The notes on pages 12 to 16 form an integral part of these accounts.
Page 1
## **WALTON COMMUNITY FACILITIES**
## **TRUSTEE DIRECTORS’ ANNUAL REPORT and FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2025**
|**Contents**|**Page**|
|---|---|
|Trustee Directors’ Annual Report|3 – 6|
|Independent Examiner’s Report|7|
|Statement of Comprehensive Income|8|
|Statement of Financial Activities|9|
|Statement of Cash Flows|10|
|Statement of Financial Position|11|
|Notes to the Financial Statements|12 - 16|
The notes on pages 12 to 16 form an integral part of these accounts.
Page 2
## **WALTON COMMUNITY FACILITIES**
## **DIRECTORS’ REPORT**
This report contains the information required by Part 4 of the Charities Act 2011.
## **Objectives and Activities**
The objects of Walton Community Facilities, as set out in the Articles of Association, are to:
_To further or benefit the residents of the civil parish of Walton, Milton Keynes and its environs, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents._
_In furtherance of these objects but not otherwise, the trustees shall have power:_
_To establish or secure the establishment of community centres, meeting places and/or sports and recreation grounds, and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such facilities for activities promoted by the charity in furtherance of the above objects._
Walton Community Facilities leases Wavendon Gate Pavilion, a community building and sports field, from Milton Keynes City Council and manages these facilities to achieve the above objects. These activities include hiring the facilities to local User Groups, many of whom are charities themselves, who provide a range of educational, social, sporting and health services in order to improve the conditions of life and social welfare and advance education for the benefit of those living in the area.
Walton Community Facilities employs a full-time Booking Clerk/Operations Manager and outsource the cleaning. Much of the day-to-day maintenance and redecoration is undertaken by volunteers.
The Trustees of Walton Community Facilities confirm that they have had regard to the Charity Commission’s guidance on public benefit, in that they:
- Are aware of the guidance issued by the Charity Commission
- Have taken the guidance into account when making decisions to which the guidance is relevant
- If any decisions to depart from the guidance are taken, then there are good reasons for doing so.
## **Achievements and Performance**
Walton Community Facilities continues to provide facilities and services (through its regular user groups) to the local community and environs to promote education, sport, health and social wellbeing, to a wide variety of users both young and old.
On 31[st] May 2023, WCC acquired the Freehold of Wavendon Gate Pavilion and the long-term Leasehold of Heronsbrook Meeting Place. Later in the year, WCC also acquired the Freehold of Britten Grove Community Centre. WCF have continued to operate and manage Wavendon Gate Pavilion on hold-over lease terms, it is in the advanced stages of concluding negotiations with WCC in drawing up a lease and Management Agreement for Britten Grove Community Centre to enable WCF to operate and manage that facility for the benefit of the local community. A new lease for Wavendon Gate Pavilion, Walnut Tree Pavilion, and a sublease for Heronsbrook Meeting Place will be drawn up in due course to enable WCF to operate and manage those facilities.
Due to the challenges of employing a reliable part-time cleaner, combined with the challenges of scaling the organisation to operate multiple facilities, Walton Community Facilities have outsourced the facility cleaning to a local cleaning company. Although this has marginally increased the cost base, it has resulted in a good and reliable cleaning service, without the challenges associated with staff leave or sickness, allowing us to easily scale when we manage additional properties.
In addition, Walton Community Facilities has also outsourced some of the activities around the practical aspects of hiring the facilities for one-off events, including providing access to the facilities, health & safety monitoring, and light cleaning after the event. This has enabled Walton Community Facilities to achieve greater facility utilisation, whilst adhering to the Working Time Regulations.
During the year, the intruder alarm panel was replaced to allow for greater control and integrations with our existing IT systems.
Despite lowering our cost base, the outsourcing activities have increased our total costs, so despite the modest increase in hire rates, WCF has made a substantial loss for the financial year. To maintain financial stability, the trustees of WCF have had to take the difficult decision to increase hire rates still further; these increases will come into effect at the beginning of the next financial year. The trustees believe that WCF will return to making a surplus to reinvest in the facilities when WCF are able to operate and manage Britten Grove Community Centre through economies of scale.
The notes on pages 12 to 16 form an integral part of these accounts.
Page 3
## **Financial Review**
The income obtained from the main charitable activities (the hire of the Hall, Cricket Facilities and Meeting Room) for the financial year 2024-25 was £30,822, up 8.5% compared to the previous year. This increase in income is due to higher hirer charges and increased utilisation of the premises.
Overall expenditure increased during the year, resulting in total expenses for FY24-25 of £40,070, up 7% compared to the previous year. This increase in expenditure is almost entirely due to increases in the minimum wage and the outsource of cleaning activities.
The charity reported a loss on its charitable activities of £9,237 for FY24-25, compared to a loss of £8,547 in the prior year.
No grants were received for the financial year 2024-25.
At the 31[st] March 2025, Walton Community Facilities held total funds of £36,540, with no Restricted Funds. Of the General Funds, the following have been designated or otherwise committed:
- £11,697 for the re-investment in capital assets (UFCR), representing the accumulated depreciation of existing fixed assets. This perpetual fund will be expended on replacing capital assets as they are replaced; it is increased annually by the accrued depreciation for the year.
- £5,980 for the provision of employee redundancy pay (UFER) in the event that Walton Community Facilities ceases operations. This perpetual fund is reviewed annually to ensure that it can provide the minimum legal redundancy pay to our employees should Walton Community Facilities cease operating.
- £9,136 to fund legal and other one-off costs associated with management of multiple facilities (UFMM) on behalf of Walton Community Council.
- £868 (Net Book Value) of fixed assets.
Walton Community Facilities policy on holding reserves is to maintain an unrestricted General Fund at a level of between 20% and 30% of the annual basic operating expenditure to ensure adequate working capital. The undesignated General Funds as of 31[st] March 2025 were 8,859, representing 22% of the £40,070 expenditure for the financial year.
## **Structure, Governance and Management**
Walton Community Facilities is a charitable company, limited by guarantee, incorporated on 21 December 1995 as Wavendon Gate Pavilion, and registered as a charity on 31[st] January 1996. The company’s objects and powers are detailed within its Articles of Association (revised 4[th] June 2013). In the event of the company being wound up with net liabilities, the Members of the company are required to contribute an amount not exceeding £1.
The constitution requires a minimum of three, and a maximum of 15, Trustee Directors (the ‘Management Committee’), which is made up of Member Organisations and a minimum of two Independent Individual Members.
The Trustee Directors meet regularly to review planned progress, discuss achievements and objectives for the future, and resolve issues. The Trustee Directors also review the risks facing the charitable company, particularly health and safety considerations and insurance cover.
An Annual General Meeting is held for the company’s members to elect the Trustee Directors; additional Trustee Directors may be co-opted during the year if a vacancy exists.
The notes on pages 12 to 16 form an integral part of these accounts.
Page 4
**Reference and Administrative Details**
## **Charity Name and Number:**
Walton Community Facilities (formerly: Wavendon Gate Pavilion) Registered Charity Nº: 1051983 Date of registration: 31 January 1996
## **Company Registration**
Company Nº: 3140513
The company is registered in England & Wales, and is limited by guarantee with no share capital
## **Registered Office and Operational Address:**
Walton Community Facilities Wavendon Gate Pavilion Isaacson Drive Wavendon Gate Milton Keynes Buckinghamshire MK7 7RZ
Mobile Nº: 07525 839818
## **Trustees:**
As of 31[st] March 2025, the Trustee Directors were:
Mr Colin Bowker [Chair] (Individual Member) Mr David Vant [Hon. Treasurer] (Individual Member) Ms Shirely Jones (Individual Member) Mrs Lynda Allen (User Group Representative) Ms Jenny Tygrys (User Group Representative)
## **Secretary:**
Mrs Caroline Vant
## **Bankers:**
CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
## **Exemptions from Disclosure**
There are no exemptions from disclosure of Reference or Administrative details.
## **Funds Held as Custodian Trustee on Behalf of Others**
Walton Community Facilities does not act as a custodian trustee.
## **Plans for Future Periods**
During the coming year, Walton Community Facilities expect to complete the lease agreements on Britten Grove Community Centre and Wavendon Gate Pavilion. Lease agreements on Walnut Tree Pavilion and Heronsbrook Meeting Place are expected at a later date. Walton Community Facilities will be seeking to improve is website to accommodate information about additional facilities as and when they come under WCF’s control.
To ensure improved security and more efficient operations Walton Community Facilities are looking to replace the aging CCTV NVR to a more modern version to allow better control over the internet and integration with the existing access control system,
Both Walton Community Facilities and WCC are focussed on improving their environmental impacts. To that end, should Wavendon Gate Pavilion be acquired by WCC, we will be working with WCC to install solar panels on Wavendon Gate Pavilion, which should also decrease our energy costs, and to replace the existing water taps with non-concussive taps to reduce water
The notes on pages 12 to 16 form an integral part of these accounts.
Page 5
consumption, which should also save on water costs. Also, to reduce costs, Walton Community Facilities will be seeking to renegotiate its energy contracts.
Walton Community Facilities will also seek alternative banking services. This is to save on banking charges and integrate the bank accounts with the charity’s Xero accounting software for improved operation efficiency.
Walton Community Facilities is seeking an additional administration employee to help with the operations of managing multiple facilities when we start the management of Britten Grove Community Centre.
## **Trustee Directors’ Responsibilities**
The law applicable to charities and companies requires the Trustee Directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company for that period. In preparing these financial statements, the Trustee Directors are required to:
- 1) Select suitable accounting policies and then apply them consistently
- 2) Make judgements and estimates that are reasonable and prudent
- 3) State whether applicable accountancy standards and statements of recommended practice have been followed, and
- 4) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustee Directors are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. The Trustee Directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: SORP (FRS 102) effective 1 Jan 2019 and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the Trustee Directors on the 10[th] October 2025 and signed on its behalf by
Shirley Jones Trustee Director Walton Community Facilities Wavendon Gate Pavilion Isaacson Drive Wavendon Gate Milton Keynes MK7 7RZ
The notes on pages 12 to 16 form an integral part of these accounts.
Page 6
**WALTON COMMUNITY FACILITIES INDEPENDENT EXAMINER’S REPORT**
The notes on pages 12 to 16 form an integral part of these accounts.
Page 7
## **WALTON COMMUNITY FACILITIES**
## **STATEMENT OF COMPREHENSIVE INCOME**
## **For the year ended 31 March 2025**
|**Notes**
**Turnover**
Income from activities
(2)
Donations
**Cost of Sales**
**Gross Surplus**
**Expenses**
Administrative Expenses
(3)
**Operating Surplus**
Other Interest receivable and similar income
(4)
**Surplus or Loss on ordinary activities before Taxation**
Tax on Surplus or Loss on Ordinary Activities
(5)
**Surplus or Loss on Ordinary Activities after Taxation**
**and Profit or Loss for the Financial Year**|**£**
40,070|**Total**
**2025**
**£**
30,822
0
30,822
(0)
30,822
(40,070)
(9,248)
11
(9,237)
0
(9,237)|**£**
37,461|**Total**
**2024**
**£**
(Restated)
28,409
0|
|---|---|---|---|---|
|||||28,409
(0)|
|||||28,409
(37,461)|
||||||
|||||(9,052)
505|
|||||(8,547)
0|
|||||(8,547)|
## **Total Recognised Gains and Losses**
The company has no recognised gains or losses other than the profit and loss for the above two financial years.
The notes on pages 12 to 16 form an integral part of these accounts.
Page 8
## **WALTON COMMUNITY FACILITIES**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **For the year ended 31 March 2025**
|Notes
**Income and Endowments from:**
Donations and legacies
Charitable activities
(2)
Investments
(4)
**Total Income and Endowments**
**Expenditure on:**
Charitable activities
(3)
**Total Expenditure**
**Net Income/(Expenditure)**
**Transfers between funds**
(6)
**Other Recognised Gains/Losses**
Gains/(Losses) on revaluation of Fixed Assets
**Net movement in funds**
**Reconciliation of Funds:**
Total funds brought forward
(6)
**Total funds carried forward**|Restricted
Funds
2025
£
Unrestricted
Funds
2025
£
**Total**
**Funds**
**2025**
**£**
-
0
**0**
-
30,822
**30,822**
-
11
**11**
-
30,833
**30,833**
-
40,070
**40,070**
-
40,070
**40,070**
-
(9,237)
**(9,237)**
-
-
**-**
-
-
**-**
-
0
**0**
0
45,777
**45,777**
0
36,540
**36,540**|Total
Funds
2024
(Restated)
£
0
28,409
505|
|---|---|---|
|||28,914
37,461|
|||37,461|
|||(8,547)
-
-|
|||0
54,324|
|||45,777|
The notes on pages 12 to 16 form an integral part of these accounts.
Page 9
## **WALTON COMMUNITY FACILITIES**
## **STATEMENT OF CASH FLOWS**
## **For the year ended 31 March 2025**
|Notes
**Cash flows from operating activities:**
**Net cash provided by (used in) operating activities**
(7)
**Cash flows from investing activities:**
Dividends, interest and rents from investments
Proceeds from the sale of property, plant and equipment
Purchase of property, plant and equipment
**Net cash provided by (used in) investing activities**
**Cash flows from financing activities:**
**Net cash provided by (used in) financing activities**
**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the beginning of the reporting**
**period**
(8)
**Change in cash and cash equivalents due to exchange rate**
**movements**
**Cash and cash equivalents at the end of the reporting period**
(8)|Restricted
Funds
2025
£
Unrestricted
Funds
2025
£
**Total**
**Funds**
**2025**
**£**
0
(6,209)
**(6,209)**
-
11
**11**
-
-
**-**
-
-
**-**
0
11
**11**
-
-
**-**
0
0
**0**
0
(6,198)
**(6,198)**
0
43,612
**43,612**
-
-
**-**
0
37,414
**37,414**|Total
Funds
2024
£
(6,126)|
|---|---|---|
|||505
-
(1,405)|
|||(900)
-|
|||0|
|||(7,026)
50,838
-|
|||43,612|
The notes on pages 12 to 16 form an integral part of these accounts.
Page 10
## **WALTON COMMUNITY FACILITIES**
## **STATEMENT OF FINANCIAL POSITION**
## **As at 31 March 2025**
|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||Funds|Funds|**Total**|Total|
|||31 Mar 2025|31 Mar 2025|**31 Mar 2025**|31 Mar 2024|
||||||(Restated)|
||Notes|£|£|**£**|£|
|**Fixed Assets:**||||||
|**Tangible Assets**||||||
|Plant and Machinery etc.|(9)|0|0|**0**|1,400|
|IT & Computer Equipment||868|0|**868**|1,402|
|**Total fixed Assets**||868|0|**868**|2,802|
|**Current Assets:**||||||
|**Debtors**||||||
|Trade debtors||788|0|**788**|741|
|Other debtors|(10)|390|0|**390**|371|
|**Cash at bank and in hand**||37,414|0|**37,414**|43,612|
|**Total Current Assets**||38,592|0|**38,592**|44,724|
|**Liabilities:**||||||
|Trade creditors||1,034|0|**1,034**|607|
|Other creditors|(11)|1,886|0|**1,886**|1,142|
|**Net Current Assets or Liabilities**||35,672|0|**35,672**|42,975|
|**Total Assets less Current Liabilities**||36,540|0|**36,540**|45,777|
|**Funds of the charity:**||||||
|Restricted income funds|(12)|0|0|**0**|0|
|Unrestricted income funds|(12)|36,540|0|**36,540**|45,777|
|**Total charity funds**||36,540|0|**36,540**|45,777|
For the year ending 31[st] March 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime, and in compliance with the provisions relating to small entities within Section 1A of the Financial Reporting Standard FRS 102 (effective 31 January 2019).
These financial statements were approved and authorised for issue by the Management Committee on the 10[th] October 2025 and were signed on its behalf by:
David Vant Trustee Director
The notes on pages 12 to 16 form an integral part of these accounts.
Page 11
## **WALTON COMMUNITY FACILITIES**
## **NOTES TO THE FINANCIAL STATMENTS**
## **For the year ended 31 March 2025**
## **1. Accounting Policies**
- a) **Basis of preparation**
These financial statements have been prepared on an accruals basis under the historical cost convention, modified to include revaluation of freehold property, except for donated services and facilities, which are measured at the value of the gift to the charity.
The accounts have been drawn up in compliance with:
- i. The Charities SORP (FRS 102), effective 1 January 2015 and updated 1 January 2019,
- ii. The Financial Reporting Standard 102 (FRS 102), effective 31 January 2019, as a Public Benefit Entity (as defined in FRS 100),
iii. The Companies Act 2006 and comply with the Charities (Accounts and Reports) Regulations 2008.
The charity has taken advantage of exemptions in Financial Reporting Standard FRS 102 on the grounds that it is a small entity.
## b) **Incoming resources**
Voluntary income, received by way of grants, is recognised when the grant has been received and is included in full in the Statement of Financial Activities. Incoming resources from charitable activities are recognised on the accruals basis when it is probable that the income will be received.
- c) **Resources expended**
Expenditure is recognised on the accruals basis and on the basis that it is probable that consideration will be received for the expenditure or at the point at which the provision is considered to become binding.
## d) **Tangible fixed assets, depreciation, and impairment**
Assets costing more than £250 are capitalised and are stated at historical cost less depreciation. Smaller items of expenditure have been charged in the income and expenditure account. Initial costs of providing crockery, cutlery, etc. have been capitalised; it is anticipated that replacements will be charged in the income and expenditure account as incurred.
Fixed assets are depreciated using the straight-line method at rates calculated to write off each asset over its expected useful life, as follows:
- Computers & IT Equipment: 3 Years
- Fixtures & Fittings and equipment: 7 Years
Impairment reviews are carried out when there is some indication that the recoverable amount of a functional fixed asset is below its net book value.
## **e) Description of Funds**
- i. Unrestricted Funds
Unrestricted funds are those that may be used for any purpose which complies with the charity’s aims and objects. During the year, two Designated Unrestricted Funds were either created or maintained:
- a) **UFCR** – [Unrestricted Fund Capital Re-investment] created to fund capital re-investment of depreciated assets.
- b) **UFER** – [Unrestricted Fund Employee Redundancy] created to fund employee redundancy in the event of company failure.
- c) **UFMM** – [Unrestricted Fund Multi-facility Management], previously UFCC, created to cover legal and non-recurring administrative costs in the acquisition and management of multiple community facilities on behalf of Walton Community Council.
- ii. Restricted Funds
- Restricted funds are those that may only be used for the purpose specified by the donor within the wider objects of the charity. There were no Restricted Funds for the period 1[st] April 2024 to 31[st] March 2025.
Page 12
## **2. Income from Charitable Activities**
|Restricted Funds
2025
Unrestricted Funds
2025
**Total**
**2025**
Total
2024
£
£
**£**
£
Hall Hire
-
26,195
**26,195**
24,039
Meeting Room Hire
-
652
**652**
288
Cricket Facility Hire
-
3,211
**3,211**
3,347
Storage Charges
-
510
**510**
448
Other Income
-
254
**254**
287
**Total income from charitable activities**
-
30,822
**30,822**
28,409
**ritable Activities Expenditure**
**Restricted**
**Funds**
**Unrestricted Funds**
**Total**
**2025**
Total
2024
**Total Funds**
**(Restricted)**
CAT Contingency
(UFMM)
General
Funds
**Total Funds**
**(Unrestricted)**
(Restated)
£
£
£
£
**£**
£
Light, Heat & Water
-
-
6,354
6,354
**6,354**
6,360
Communications
-
-
825
825
**825**
790
Insurance
-
-
555
555
**555**
546
Postage & Stationery
-
-
31
31
**31**
16
Repairs & Maintenance
-
-
896
896
**896**
710
Accounting Costs
-
-
100
100
**100**
100
Legal Fees
-
864
0
864
**864**
0
Sundries
-
-
2,107
2,107
**2,107**
2,150
Discounts Allowed
-
-
2,123
2,123
**2,123**
1,959
Depreciation
-
-
1,934
1,934
**1,934**
2,561
Contractor Costs
-
-
5,090
5,090
**5,090**
660
Employee costs
-
-
19,191
19,191
**19,191**
21,609
**Total charitable activities**
**expenditure**
**0**
864
39,206
**40,070**
**40,070**
37,461|Restricted Funds
2025
Unrestricted Funds
2025
£
£
-
26,195
-
652
-
3,211
-
510
-
254|**Total**
**2025**
Total
2024
**£**
£
**26,195**
24,039
**652**
288
**3,211**
3,347
**510**
448
**254**
287|
|---|---|---|
||-
30,822|**30,822**
28,409|
## **3. Charitable Activities Expenditure**
## **4. Other Income**
|**er Income**||
|---|---|
|Interest Income on cash at bank
**Total Other Income**|**2025**
**£**
2024
£
11
505|
||**11**
**505**|
## **5. Taxation**
As a registered charity, the company has no liability to corporation tax.
Page 13
## **6. Outline Summary of Fund Movements**
|**Fund Name**
**Unrestricted Funds**
UFCR
UFER
UFMM
General Funds
Fixed Assets
**Total Unrestricted Funds**
**Total Funds**|**Fund balances**
**brought forward**
(Restated)
£
23,468
5,980
10,000
3,527
2,802|**Income**
**Expenditure**
**Transfers**
£
£
£
-
-
(11,771)
-
-
-
-
(864)
-
30,833
(37,272)
11,771
-
(1,934)
-|**Net Gains**
**and losses**|**Fund balances**
**carried forward**
£
11,697
5,980
9,136
8,859
868|
|---|---|---|---|---|
||||£||
||||||
||||(11,771)||
||||-||
||||(864)||
||||5,332||
||||(1,934)||
||**45,777**|**30,833**
**(40,070)**
**-**|**(9,237)**|**36,540**|
||||||
||**45,777**|**31,494**
**(40,063)**
**-**|**(9,237)**|**36,540**|
UFCR (Capital Reinvestment): It was resolved to transfer £11,771 of reinvestment funds to General Reserves to meet operations costs and maintain an adequate reserve of liquid cash.
UFER (Employee Redundancy): Fund to cover for redundancy payments, in line with government guidance.
UFMM (Multi-facility Management): £864 of Unrestricted Funds were used for Solicitor costs in advising and drawing up lease agreements with our new landlord.
General Funds: £11,771 was transferred into General Funds from the UFCR to meet operations costs and maintain an adequate reserve of liquid cash.
There were no restricted funds during the period.
## **7. Reconciliation of net income/(expenditure) to net cash flow from operating activities**
|**_Net income/(expenditure) for the reporting period_**
**_(as per the Statement of Financial Activities)_**
**Adjustments for:**
Depreciation charges
(Gain)/losses on investments
Dividends, interest and rents from investments
Loss/(profit) on the sale of fixed assets
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**_Net cash provided by (used in) operating activities_**|Restricted
Funds
2025
Unrestricted
Funds
2025
**Total**
**Funds**
**2025**
£
£
**£**
-
(9,237)
**(9,237)**
-
1,934
**1,934**
-
-
**-**
-
(11)
**(11)**
-
-
**-**
-
-
**-**
-
(66)
**(66)**
-
1,171
**1,171**
-
(6,209)
**(6,209)**|Total
Funds
2024
£
(8,577)|
|---|---|---|
|||2,561
-
(505)
-
-
349
46|
|||(6,126)|
## **8. Analysis of cash and cash equivalents**
|Cash in hand
Notice deposits (less than 3 months)
Overdraft facility repayable on demand
**Total cash and cash equivalents**|Restricted Funds
2025
Unrestricted Funds
2025
**Total**
**2025**
£
£
**£**
-
37,414
**37,414**
-
-
**0**
-
-
**0**
0
37,414
**37,414**|Total
2024
£
43,612
0
0|
|---|---|---|
|||43,612|
Page 14
## **9. Fixed assets**
|**d assets**||
|---|---|
|**Assets at cost**
At 1 April 2024
Disposals
Acquisitions
**Balance carried forward**
**Accumulated depreciation**
At 1 April 2024
Elimination on disposal
Charge for year
**Balance carried forward**
**Net book value**
**At 31 March 2025**
At 31 March 2024|Property, Plant and
Equipment
(7-Year Depreciation)
£
Computers & IT
Equipment
(3-Year Depreciation)
£
**Total**
**£**
23,617
4,258
**27,875**
-
-
**(0)**
-
-
**0**|
||23,617
4,258
**27,875**
22,217
2,856
**25,073**
-
-
**(0)**
1,400
534
**1,934**|
||23,617
3,390
**27,007**
**0**
**868**
**868**|
||1,400
1,402
2,802|
## **10. Other Debtors**
|**er Debtors**|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Accrued Income|-|-|
|Prepayments|389|371|
|**Total Other Debtors**|**389**|**371**|
|**ilities: Creditors: falling due within one year**|||
|**Other Creditors**|**2025**
**£**|2024
£|
|Accrued Expenses|100|100|
|Deferred Income|661|0|
|Deposits Held|522|322|
|Allowance for Receivables|250|250|
|Social Security|92|144|
|PAYE Payable|229|288|
|Reimbursements Owing|32|37|
|**Total creditors falling due within one year**|**1,886**|**1,141**|
## **11. Liabilities: Creditors: falling due within one year**
Deferred Income relates to payments received for hire of the facilities for the successive financial year. All Deferred Income is released in the successive year.
Page 15
## **12. Reserves**
|**Funds**
**Unrestricted Funds**
UFCR
UFER
UFMM
General Funds
Fixed Assets
**Total Unrestricted Funds**
**Total Funds 2025**
Total Funds 2024|Total funds brought forward
Net movement in funds
**Total Funds of the Charity**
£
£
£
23,468
(11,771)
11,697
5,980
0
5,980
10,000
(864)
9,136
3,527
5,332
8,859
2,802
(1,934)
868|
|---|---|
||**45,777**
**(9,237)**
**36,540**|
||**45,777**
**(9,237)**
**36,540**|
||54,324
(8,547)
45,777|
Fund UFCR – Unrestricted Fund for Capital Re-investment Fund UFER – Unrestricted Fund for Employee Redundancy
Fund UFMM – Unrestricted Fund for Multi-facility Management
## **13. Disclosure of Trustee and Staff Remuneration, Related Party and Other Transactions**
## **Trustee Remuneration**
The Trustee Directors did not receive any remuneration or any other benefits for the period reported.
## **Trustees’ Expenses**
The Trustee Directors did not claim any expenses in fulfilling their duties for the period reported.
## **Staff Remuneration**
|Staff Remuneration
Social security costs
Employer Pension Contributions
**Total staff costs**|**2025**
2024
**£**
~~**N**~~**o**
£
~~N~~o
18,456
20,937
-
-
-
-|
|---|---|
||**18,456**
**1.1**
**20,937**
**1.8**|
Social security costs reduced due to Employment Allowance for the current year, and backdated Employment Allowance for prior years, received in the current financial year.
There are no employees with emoluments above £60,000.
The directors waived any entitlement to remuneration during the period.
## **Related Party Transactions**
Mrs. Caroline Vant (a ‘Connected Person’ as defined in section 188 of the Charities Act 2011 and ‘Related Party’ as defined in SORP (FRS 102)) received employment remuneration of £17,718 during the period 1[st] April 2024 to 31[st] March 2025. Mrs. Caroline Vant is the spouse of Mr. David Vant, a trustee of Walton Community Facilities.
## **Other Transactions**
A payment of £100 was accrued to Mr. J. Warner for services in providing Independent Examination of these accounts.
## **14. Trustee Expenses**
No expenses were claimed by the trustees.
Page 16