NEW BARNET COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS AND TRUSTEES REPORTS FOR THE YEAR ENDED 31ST MARCH 2025
Company Number: 3564623 Charity Number: 1070455
Company Limited by Guarantee
New Barnet Community Association
Contents Page
| Contents | Page Number |
|---|---|
| Charity Information | 3 |
| Trustees Report | 4 to 8 |
| Independent Examiner's Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Exemption from Audit Report | 12 |
| Statement of Cash Flow | 13 |
| Notes to the Accounts | 14 to 19 |
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New Barnet Community Association
Charity Information
Organisation Name: Organisation Address:
Company Number: Charity Number: Bankers:
Independent Examiner:
New Barnet Community Association
New Barnet Community Centre 48/50 Victoria Road New Barnet Hertfordshire EN4 9PF
3564623
1070455
Barclays Bank Plc Leicester Leicestershire LE87, 2BB
KDP Accounting Services 27 Old Gloucester Street London WC1N 3AX
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New Barnet Community Association
Trustees Report For the Year ended 31[st] March 2025
The Trustees are pleased to present their annual directors’ report together with the consolidated financial statements of the charity for the year ending 31 March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable to the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
Chairperson’s report
The Trustees made some significant financial changes this year following notice that our payroll package would be phased out. Barclays Pay flow would cease in January 2025 so NBCA would need to find a new way to pay staff salaries. This resulted in a successful search for a new payroll package which was cheaper and then converting our account to be accessible on line through Barclays iportal. This has made making and checking payments much easier. Thanks to Emma and Ross for steering the new processes though effectively. Although a draft 15 year lease has not been received yet, the signed Heads of Terms Agreement has made it possible to apply for a National Lottery Grant to refurbish the toilets and improve the ramped accesses to the building. The funding £12k+ stretches from September 2024 to September 2025 with the first tranche of spending appearing in this report and the remainder next year. New toilets, wash basins, water heaters and hand driers have been installed, one floor replaced, and some redecoration started. The final touches and the surfacing on the ramps and parking area will show in the report for 2025 -26. This year we were invited to apply for the Government Wraparound childcare funding as Allsorts Club provides after school care for 2 local schools. The funding £7.5k+ provides support to expand provision to help working parents. These funds were used to extend the length of each session and increase the number of days from 4 to 5 in each week of term time. This required additional staffing and resources. It also provided access to essential training for staff. This funding also stretches across from this financial year to the next by covering the academic year from September 2024 to July 2025.
The Community Centre continues to offer affordable space for use by local groups – Keep Fit, Pilates, Self Defence, Karate, Woodcraft Folk, Mental Wellbeing support, trainings and meetings. All evenings are in use following after Allsorts Club and at weekends there are Tutorial sessions for children and a strong AA group on Sundays. The Association continues to directly run Allsorts after school Club and Holiday Playscheme, Back with Friends Young Adults Group and provides meals to a small number of housebound older people.
I would like to thank the Save New Barnet team for their expertise and energy over the last 16 years monitoring and commenting on the major New Barnet project on the Gas Works site. Although the July 2024 newsletter was to be the last one, updates have continued on Facebook and during this year we heard that the final piece of land adjacent to the gas holder is to be developed by Berkley Homes.
The Trustees thank everyone staff, volunteers, groups and residents for their continuing help and support with expertise, donations and gifts. We look forward to another exciting year.
LYN FORSTER Chairperson
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New Barnet Community Association
Trustees Report For the Year ended 31[st] March 2025
Our purposes and activities
New Barnet Community Association’s objectives are set out in the company’s memorandum and articles of association. These are summarised as follows:
To promote the benefit and improve the conditions of the inhabitants of the area known as New Barnet by associating the local authorities, voluntary organisations … in a common effort to advance education and provide facilities. .... for recreation and leisure time occupation’
In practice, these objectives are achieved by the charitable company running and managing a community centre providing a range of services for local people particularly the elderly, children, and young people, including those with disabilities. The Trustees have due regard to the Charity Commission’s public benefit guidance (PE2) published by the Commission in the Charities Act 2011.
The Community Centre remains the hub of the Association’s activities providing a base for services directly run by the Association. The Allsorts Club provides a year-round service, which includes after school club and holiday play schemes for about 130 local children A small numbers of hot meals are delivered on Fridays each week to older people. Information and advice is available to all members and users on a range of issues. The Young Adults group (19 +) has around 20 members and welcomes young people with special needs for social activities and outings.
The Centre also provides accommodation at an affordable rate to local self-help groups such as Alcoholics Anonymous and MDF Bipolar Group. Other user groups include a Wellbeing Café run by Meridian Health, Keep Fit, Pilates, Karate, Self defence classes, family celebrations, Woodcraft Folk meetings and tutorial classes for children. In all our activities the aim is to provide services that are inclusive, accessible, affordable, healthy and fun.
Financial Review
Fees for services provided by the Association are kept under review. We received £620 from donations and fundraising.
Investment policy
The Trustees have a linked deposit account. There was £38 interest gained from this account.
Reserves policy and going concern
The Trustees consider the project will continue to be a going concern.
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New Barnet Community Association
Trustees Report For the year ended 31[st] March 2025
Future Plans
In March 2024 Barnet Council offered a new 15-year lease and confirmed that the CBAT assessment granted 100% discount on the existing rent. The Heads of terms document for the proposed lease was agreed and signed by the Trustees.
Reference and Administrative details
Charity Number 1070455 Company Number 3564623 Registered Office Community Centre 48-50 Victoria Road New Barnet EN4 9PF Advisers Bankers: Barclays Leicester Leicestershire LE87 2BB Independent Examiner: KDP Accounting Services 27 Old Gloucester Street London WC1N 3AX
Directors and trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:
Lyn Forster: Chairperson Richard Dixon Trustee Ross Chapman Trustee
Management Personnel: Barbara Howard
Centre Manager
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New Barnet Community Association
Trustees Report
For the year ended 31[st] March 2025
Structure Governance and Management
New Barnet Community Association is a company limited by guarantee governed by its Memorandum and Articles of Association dated 14 May 1998. It is registered as a charity with the Charity Commission. Anyone over the age of 18 can become a member if they live or work in New Barnet or its environs. In the event of the charity being wound up the Trustees, each agree to contribute £10. The number of Trustees on 31[st] March 2025 was 3.
Appointment of Trustees
As set out in the Articles of Association, all members are circulated with invitations to nominate trustees prior to the Annual General Meeting advising them of those who are retiring. Trustees can remain in post for three years and can offer themselves for re-election when their term of office comes to an end.
Trustee Induction New Trustees will be provided with a briefing on the work of the Association, it’s history and the role and responsibilities of trustees in company and charity law. Trustees are encouraged to attend external trainings and events when relevant to their role.
Organisation
The board of trustees which can have up to 7 members administers the charity. The board normally meets three times a year. The Centre Manager is appointed by the trustees to manage the day to day operations of the charity.
Related parties and co-operation with other organisations
No trustee or other person related to the charity had any personal interest in any contract or transaction entered by the charity, during the year 2024– 2025
Pay Policy
Staff pay is reviewed regularly. Living wage increases were implemented in April 2024. The Trustees have retained NEST as the Pension Provider for the Association’s employees from the renewed staging date to 1 July 2028.
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New Barnet Community Association
Trustees Report
For the year ended 31[st] March 2025
Risk Management
The Trustees actively review the major risks which the charity faces on a regular basis and believe where appropriate, systems and procedures have been established to mitigate the risks the charity faces.
Maintenance of tight financial controls and management of health and safety risks are the means by which risks are reduced. Renewal of certification for staff training and inspection of equipment has ensured that risks are kept at a low level.
Trustees’ responsibilities in relation to the financial statements
The charity trustees (who are also the directors of New Barnet Community Association for the purposes of company law) 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)
Company law requires charity trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources for that period. In preparing the financial statements the trustees are required to: -
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject
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to any material departures disclosed and explained in the financial statements
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prepare the financial statements on the ‘going concern’ basis unless it is
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inappropriate to presume that the charity will continue in business.
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 Companies Act 2006. They 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.
The Trustees declare that they have approved this report.
Full Name: Lyn Forster
Position: Chairperson
Signature:
Lyn Forster (Dec 29, 2025 12:57:31 GMT)
Date: 29/12/2025
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New Barnet Community Association
Independent Examiner’s Report
For the year ended 31[st] March 2025
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider
that an audit is not required for this year under section 144 of the Charities Act 2011 and that an
independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view, and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention.
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
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to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Keisha Chidziva Independent Examiner KDP Accounting Services 2 9 /12/2025
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New Barnet Community Association
Statement of Financial Activities For the year ended 31[st ] March 2025
| Notes Donations 2 Charitable Activities 3 Other Trading Activities 4 Investments 5 Charitable Activities 6 Net Income and (Expenditure) before Transfers Transfer Net Income and (Expenditure) Reconciliation of Funds Total Funds Brought Forward |
Unrestricted Funds 2025 £ 620 57,324 6,225 38 64,207 (64,022) 184 - 184 6,133 6,317 |
Restricted Funds 2025 £ - 19,993 - - 19,993 (7,532) 12,461 - 12,461 0 12,461 |
Total Funds 2025 £ 620 77,317 6,225 38 84,200 (71,554) 12,645 - 12,645 6,133 18,778 |
|
|---|---|---|---|---|
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New Barnet Community Association
Balance Sheet as at 31st March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Current Assets | ||
| Cash at Bank | 19,778 | 7,885 |
| Debtors | - | - |
| 19,778 | 7,885 | |
| Creditors: Amounts | ||
| falling due within one | ||
| year | (1,000) | (1,750) |
| 18,778 | 6,133 | |
| Funds | ||
| Unrestricted Funds | 6,317 | 6,133 |
| Restricted Funds | 12,461 | - |
| 18,778 | 6,133 |
The trustees declare that they have approved the accounts above.
The Trustees declare that they have approved this report.
Full Name: Lyn Forster Position: Chairperson
Signature: Lyn Forster (Dec 29, 2025 12:57:31 GMT) Date: 29/12/2025
The notes on pages 14 to 19 form part of these accounts
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New Barnet Community Association
Exemption of Audit
Exemption from audit
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.
Directors’ responsibilities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006.
The trustees declare that they have approved the accounts above.
Signed on behalf of the charity’s trustees:
The Trustees declare that they have approved this report.
Full Name: Lyn Forster
Position: Chairperson
Signature:
Lyn Forster (Dec 29, 2025 12:57:31 GMT)
Date: 29/12/2025
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New Barnet Community Association
Cash Flow Statement For the year ended 31[st] March 2025
| Notes Net Cash inflow/(outflow) from Operating Activities 10 Cash Flow from investing activities: Interest Net Cash provided by investing activities Cash Flow from financing activities: Change in cash and cash equivalents in the year Cash and cash equivalent brought forward Cash and Cash Equivalent carried forward |
Total Funds 2025 £ 11,857 38 38 11,895 7,885 19,778 |
Total Funds 2024 £ (2,339) 30 30 (2,309) 10,193 |
|---|---|---|
| 7,885 |
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New Barnet Community Association
Notes to the Accounts
For the year ended 31[st] March 2025
1. Accounting Policies
Basis of accounting
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
New Barnet Community Association meets the definition of a public benefit entity under FRS 102. Assets and Liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. After due consideration, it was concluded that no restatement of the comparatives was required.
The financial statements have been prepared on a going concern basis. In arriving at this conclusion, the trustees have considered any material uncertainties that may affect the charity’s ability to continue as a going concern.
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
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the charity becomes entitled to the resources;
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the trustees are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability.
Funds Structure
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the funder.
Income recognition
All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Grants and Donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Donations represent voluntary amounts received during the year
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New Barnet Community Association
Notes to the Accounts For the year ended 31[st] March 2025
1. Accounting Policies Cont’d
Expenditure recognition
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 settlement will be
required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.
All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.
Trade Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
Trade Creditors
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.
Fixed Assets
The charity does not own any fixed assets.
2. Donations
| Donated Services | Unrestricted Funds 2025 £ 620 |
Total Funds 2025 £ 620 |
Total Funds 2024 £ 1,409 |
|---|---|---|---|
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New Barnet Community Association
Notes to the Accounts
For the year ended 31[st] March 2025
3. Charitable Activities
| Unrestricted Funds 2025 £ All Sorts Club 55,734 Youth 865 Luncheon Club 725 Fund raising - Holiday Play Scheme - Young Barnet Foundation - Wrap - National Lottery - 57,324 . Other Trading Services Unrestricted Funds 2025 £ Lettings 6,225 |
Restricted Funds 2025 £ - - - - - - 7,613 12,380 19,993 Total Funds 2025 £ 6,225 |
Total Funds Total Funds 2025 2024 £ £ 55,734 37,677 865 930 725 913 - 19 - 13,432 - 500 7,613 - 12,380 - 77,317 53,471 Total Funds 2024 £ 7,377 |
|---|---|---|
4. Other Trading Services
5. Investment Income
| BankInterest | Unrestricted Funds 2025 £ 38 |
Total Funds 2025 £ 38 |
Total Funds 2024 £ 30 |
|---|---|---|---|
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New Barnet Community Association
Notes to the Accounts
For the year ended 31[st] March 2025
6. Expenditure on Charitable Activities
| Core Salary Youth Club salary and cost Allsorts Club Salary Lunch Club Salaries Allsorts & Lunch Costs Water Rates Telephone Fuel Rent Business Rates Maintenance and Cleaning Insurance Admin and Costs Bank and Credit Card Charges Accountancy Fees Training Youth Club Costs Lunch Club Costs Playscheme Other Expenses Building Works |
Unrestricted Funds 2025 £ 7,488 988 38,561 2,808 3,244 572 1,272 2,579 - 729 2,510 899 910 0 123 1,000 85 0 0 256 0 - 64,025 |
Restricted Funds 2025 £ - - - - - - - - - - 685 - - - - - - - - - - 6,847 7,532 |
Total Funds 2025 £ 7,488 988 38,561 2,808 3,244 572 1,272 2,579 - 729 3,195 899 910 - 123 1,000 85 - - 256 - 6,847 71,556 |
Total Funds 2024 £ 7,488 - 34,176 2,449 2,491 495 1,891 2,763 4,625 872 2,217 1,502 1,634 - 122 900 - 190 - 460 1,222 - |
|---|---|---|---|---|
| 65,496 |
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New Barnet Community Association
Notes to the Accounts
For the Year Ended 31[st] March 2025
7. Debtors
| Debtors . Creditors Accruals . Unrestricted Funds Balance as at 1st April 2024 £ General Funds 6,133 |
Incoming Resources £ 64,207 |
2025 £ 0 2025 £ 1,000 1,000 Outgoing Resources £ (64,022) |
2024 £ 0 2024 £ 1,750 1,750 Transfers Balance as at 31st March 2025 £ £ - 6,317 |
|---|---|---|---|
8. Creditors
9. Unrestricted Funds
10. Restricted Funds
| National Lottery Wrap Around |
Balance as at 1st April 2024 £ - - - |
Incoming Resources £ 12,380 7,613 19,993 |
Outgoing Resources £ (6,847) (685) (7,532) |
Transfers £ - 0 - |
Balance as at 31st March 2025 £ 5,533 6,928 |
|---|---|---|---|---|---|
12,461 |
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New Barnet Community Association
Notes to the Accounts For the Year Ended 31[st] March 2025
11. Reconciliation of Net Incoming/ (Outgoing) Resources to Net Cash Inflow/ (Outflow) from Operating Activities
| (Outflow) from Operating Activities | |||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Net (outgoing)/Incoming resources | 12,645 | (3,209) | |
| Depreciation Charges | 0 | 0 | |
| Interest Received | (38) | (30) | |
| (Increase)/decrease in debtors | 0 | 0 | |
| Increase/(decrease) in creditors | (750) | 900 | |
| Net cash inflow / (outflow) from operating activities | |||
| 11,857 | (2,339) | ||
| 12. Employee Information | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Salaries | 48,858 | 44,113 | |
| The average number of employees during the year, | calculated on the basis of full-time | ||
| equivalents was as follows: | |||
| 2025 | 2024 | ||
| 4 | 6 |
The Trustees did not receive any remuneration in respect of their role as Trustees.
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