**Byley Community Association** **Charity No. 1054687** **Trustees’ Report and Unaudited Accounts** **31 December 2024** **Byley Community Association Contents** ||Pages| |---|---| |Trustees’ Annual Report|2| |Independent Examiner’s Report|3| |Statement of Financial Actvites|4| |Balance Sheet|5| |Notes to the Accounts|6 to 11| |Detailed Statement of Financial Actvites|12 to 13| Page 1 **Byley Community Association Trustees’ Annual Report** The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. 1054687** ## **Principal Office** Moss Lane Byley Middlewich Cheshire CW10 9NG ## **Trustees** The following trustees served during the year: J. Beecroft G. Coates C. Hankey A. Moore I. Newton C. Wilkinson ## **Accountants** Bruce Marshall & Co Limited Suite 11, The Old Fuel Depot Twemlow Lane Twemlow Cheshire CW4 8GJ ## **Statement of trustees’ responsibilities in relation to the financial statements** The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity’s trustees on ……………………………………….. I. Newton Trustee Page 2 **Byley Community Association Independent Examiners Report** ## **Independent Examiner’s Report to the trustees of Byley Community Association** I report to the trustees on my examination of the financial statements of Byley Community Association for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I can 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: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached. Dated: ……………………………………….. RE Moore FCA Bruce Marshall & Co Limited Suite 11, The Old Fuel Depot Twemlow Lane Twemlow Cheshire CW4 8GJ Page 3 **Byley Community Association Statement of Financial Activities** ## **for the year ended 31 December 2024** |**Note**
**Income and endowments**
**from:**
Donatons and legacies
3
Charitable actvites
4
Other trading actvites
5
Investments
6
**Total**
**Expenditure on:**
Raising funds
7
Other
8
**Total**
Net gain/(loss) on investments
**Net expenditure**
9
Transfers between funds
**Net expenditure before**
**other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliaton of funds:**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
-
24,046
3,714
859
28,619
(3,734)
(21,582)
(25,316)
-
(25,316)
-
(25,316)
-
3,303
419,146
422,449|**Restricted**
**funds**
**2024**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**funds**
**2024**
**£**
-
24,046
3,714
859
28,619
(3,734)
(21,582)
(25,316)
-
(25,316)
-
(25,316)
-
3,303
419,146
422,449|**Total**
**funds**
**2023**
**£**
-
16,052
1,227
321| |---|---|---|---|---| |||||17,600
(122)
(19,697)| |||||(19,819)| |||||-| |||||(19,819)
-| |||||(19,819)
-| |||||(2,219)| |||||421,365| |||||419,146| Page 4 **Byley Community Association Balance Sheet** ## **at 31 December 2024** |**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Stocks
12
Cash at bank and in hand
**Creditors:**Amount falling due within one year
13
**Net current assets**
**Total assets less current liabilites**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
Restricted funds
14
Unrestricted funds
14
**Total Funds**|**2024**
**£**
384,874
384,874
242
38,047
38,289
(714)
37,575
422,449
422,449
422,449
-
422,449
422,449|**2023**
**£**
388,784| |---|---|---| |||388,784
1,250
29,744| |||30,944
(632)| |||30,362
419,146| |||419,146| |||419,146| |||-
419,146| |||419,146| Approved by the trustees on ……………………………………….. and signed on their behalf by: I. Newton Trustee Page 5 **Byley Community Association Notes to the Accounts for the year ended 31 December 2024** ## **1 Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. **Income** Recognition of Income is included in the Statement of Financial Activities (SoFA) income when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure expenditure is reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is legacies included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time donations and gifts as the gift/donation to which it relates. Donated services and These are only included in income (with an equivalent amount in facilities expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes and gain or loss resulting from revaluing investments revaluation of fixed to market value at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 6 **Byley Community Association Notes to the Accounts for the year ended 31 December 2024** ## **Expenditure** Recognition of Expenditure is recognised on an accruals basis. Expenditure includes expenditure any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary raising funds income, fundraising trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of charitable activities its activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus and accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The Charity is exempt from tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures and fittings 10% Straight line ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Page 7 **Byley Community Association Notes to the Accounts for the year ended 31 December 2024** ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. - 2 **Statement of Financial Activities – prior year** |3
**Income from donatons and**
**legacies**
Donatons
**Income and endowments from:**
Donatons and legacies
Charitable actvites
Other trading actvites
Investments
**Total**
**Expenditure on:**
Raising funds
Other
**Total**
Net gains on investments
**Net income**
**Net income before other gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliaton of funds:**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**2023**
**£**
-
16,052
1,227
321
17,600
(122)
(19,697)
(19,819)
-
(2,219)
(2,219)
(2,219)
421,365
419,146|**Total**
**2024**
**£**
-
-
**Restricted**
**funds**
**2023**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**funds**
**2023**
**£**
-
16,052
1,227
321| |---|---|---|---| ||||17,600
(122)
(19,697)| ||||(19,819)
-| ||||(2,219)| ||||(2,219)| ||||(2,219)
421,365| ||||419,146| ||||**Total**
**2023**
**£**
-| ||||-| Page 8 **Byley Community Association Notes to the Accounts for the year ended 31 December 2024** |4
**Income from charitable**
**actvites**
Rents received
5
**Income from other trading**
**actvites**
Fund raising events
6
**Income from investments**
Bank interest received
7
**Expenditure on raising funds**
Fund raising events|**Unrestricted**
**2024**
**£**
24,046
24,046
**Unrestricted**
**2024**
**£**
3,714
3,714
**Unrestricted**
**2024**
**£**
859
859
**Unrestricted**
**2024**
**£**
3,734
3,734|**Restricted**
**2024**
**£**
-
-
**Restricted**
**2024**
**£**
-
-
**Restricted**
**2024**
**£**
-
-
**Restricted**
**2024**
**£**
-
-|**Total**
**2024**
**£**
24,046
24,046
**Total**
**2024**
**£**
3,714
3,714
**Total**
**2024**
**£**
859
859
**Total**
**2024**
**£**
3,734
3,734|**Total**
**2023**
**£**
16,052| |---|---|---|---|---| |||||16,052| |||||**Total**
**2023**
**£**
1,227| |||||1,227| |||||**Total**
**2023**
**£**
321| |||||321| |||||**Total**
**2023**
**£**
122| |||||122| Page 9 **Byley Community Association Notes to the Accounts for the year ended 31 December 2024** |8
**Other expenditure**
**Unrestricted**
**2024**
**£**
Premises costs
15,386
Amortsaton, depreciaton,
proft/loss on disposal of fxed
assets
3,909
General administratve costs
272
Legal and professional costs
2,015
21,582
9
**Net expenditure before transfers**
This is stated afer charging:
Depreciaton of owned fxed assets
10
**Staf costs**
No employee received in excess of £60,000 p.a.|**Restricted**
**Total**
**2024**
**2024**
**£**
**£**
-
15,386
-
3,909
-
272
-
2,015
-
21,582
**2024**
**£**
3,909|**Total**
**2023**
**£**
14,720
3,089
907
981| |---|---|---| |||19,697| |||**2023**
**£**
3,089| |12
**Stocks**
Raw materials and consumables
11
**Tangible fxed assets**
B/f
Additons
Depreciaton
C/f|**Land and**
**Buildings**
**£**
369,571
-
-
369,571||**2024**
**£**
242
242
**Fixtures and**
**Fitngs**
**£**
19,213
-
(3,909)
15,304||**Total**
**£**
388,784
-
(3,909)| |---|---|---|---|---|---| ||||||384,875| ||||||**2023**
**£**
1,250
1,250| ||||||| Page 10 **Byley Community Association Notes to the Accounts for the year ended 31 December 2024** |13
**Creditors**
Amounts falling due within one year
Accruals
14
**Movement in funds**|**2024**
**£**
714
714|**2023**
**£**
632| |---|---|---| |||632| |||| |**At 1 January**
**Incoming**
**resources**
**(including**
**other**
**Resources**
**2024**
**gains/losses)**
**expended**
**£**
**£**
**£**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
419,146
28,619
(25,316)
419,146
28,619
(25,316)
15
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
Fixed assets
384,874
-
Net current assets
37,575
-
422,449
-
16
**Reconciliaton of net funds**
**At 1 January**
**2024**
**Cash Flows**
**£**
**£**
Cash and cash equivalents
29,744
8,303
29,744
8,303
Net funds
29,744
8,303|**At 1 January**
**Incoming**
**resources**
**(including**
**other**
**Resources**
**2024**
**gains/losses)**
**expended**
**£**
**£**
**£**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
419,146
28,619
(25,316)
419,146
28,619
(25,316)
15
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
Fixed assets
384,874
-
Net current assets
37,575
-
422,449
-
16
**Reconciliaton of net funds**
**At 1 January**
**2024**
**Cash Flows**
**£**
**£**
Cash and cash equivalents
29,744
8,303
29,744
8,303
Net funds
29,744
8,303|**At 31**
**December**
**2024**
**£**
422,449| |---|---|---| |||422,449| |||**Total**
**£**
384,874
37,575
422,449
**At 31**
**December**
**2024**
**£**
38,047
38,047
38,047| |||| |||| |||| |||| Page 11 ## **Byley Community Association Detailed Statement of Financial Activities for the year ended 31 December 2024** |**Income and endowments from:**
Donatons and legacies
Donatons
Charitable actvites
Rents received
Other trading actvites
Fund raising events
Investments
Bank interest received
**Total income and endowments**
**Expenditure on:**
Costs of
Fund raising events
**Total of expenditure on raising funds**
Premises costs
Rates
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and maintenance
General administratve costs, including
depreciaton and amortsaton
Depreciaton of Fixtures and ftngs
Informaton and publicatons
Sundry expenses
Telephone, fax and broadband|**Unrestricted**
**funds**

**2024**
**£**
**-**
**-**
24,046
24,046
3,714
3,714
859
859
28,619
(3,734)
(3,734)
(3,734)
(355)
(2,985)
(2,981)
(1,214)
(7,851)
(15,386)
(3,909)
(49)
(107)
(116)
(4,181)|**Restricted**
**funds**
**2024**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**funds**
**2024**
**£**
**-**
**-**
24,046
24,046
3,714
3,714
859
859
28,619
(3,734)
(3,734)
(3,734)
(355)
(2,985)
(2,981)
(1,214)
(7,851)
(15,386)
(3,909)
(49)
(107)
(116)
(4,181)|**Total**
**funds**
**2023**
**£**
-| |---|---|---|---|---| |||||-| |||||16,052| |||||16,052| |||||1,227| |||||1,227| |||||321| |||||321| |||||17,600
(122)| |||||(122)| |||||(122)
(358)
(4,394)
(3,781)
(1,085)
(5,102)| |||||(14,720)| |||||(3,089)
(129)
(292)
(486)| |||||(3,996)| Page 12 ## **Byley Community Association Detailed Statement of Financial Activities for the year ended 31 December 2024** |Legal and professional costs
Accountancy and bookkeeping
Other legal and professional costs
**Total expenditure on other costs**
**Total expenditure**
Net gain/(loss) on investments
**Net income/(expenditure)**
**Net income/(expenditure) before**
**other**
**gains/(losses)**
Other gains
**Net movement in funds**
**Reconciliaton of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**

**2024**
**£**
(612)
(1,403)
(2,015)
(21,582)
(25,316)
-
3,303
3,303
-
3,303
419,146
422,449|**Restricted**
**funds**
**2024**
**£**
-
-
-
-
**-**
**-**
**-**
-
**-**
**-**
**-**|**Total**
**funds**
**2024**
**£**
(612)
(1,403)
(2,015)
(21,582)
(25,316)
-
3,303
3,303
-
3,303
419,146
422,449|**Total**
**funds**
**2023**
**£**
(504)
(477)| |---|---|---|---|---| |||||(981)| |||||(19,697)| |||||(19,819)
**-**| |||||(2,219)| |||||(2,219)
-| |||||(2,219)| |||||421,365| |||||419,146| Page 13