Docusign Envelope ID." 73604AAE-D08NEAMCIC-25FC7CBSfx￿D Charity Registration Number-. 1071625 Company Registration Number.. 03625785 nflpv knltttfv. Bonny Downs community association_ Bonny Downs Community Association Annual Report and Financial Statements Year Ended 31 March 2025 Griffin stone Moscrop & Co DOC￿sign Envelope ID.. 736Q4AAE-DO8￿EAmClG25FC7CBS[VjDO Year Ended 31 tvlarch 2025 Bonny Downs CommunFty Assoclatlon Annual Report and Financial Statement5 Contents Charity Reference and Administrative Details Trustees, Annual Report (including Directors, Report) Independent Auditor's Report to Trustees Statement of financial activities {including income and expendrture account) Summary income and expenditure account Balance sheet Statement of cash flows Notes to the financial statements 4-15 16-18 19 20 21 22 23-45 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D08NEA3-8CIC_25FC7CB5Crf)DD Year Ended 31 March 2025 Bonny Downs Communlty Associatlon Annual Reporl and Financiol StatemenLS Charity Reference and Administrative Details Charity registration number: 1071625 Company registration number: 3625785 Trustees: DHMann B Dexter N Brook M Dobiasova (resigned October 20241 T Isaac (resigned October 20251 l Okwudili (resigned July 2024) D A Crawford E Sharp (resigned May 20241 N Maguire (appointed November 20241 A 5adanandan BEM (appointed November 20241 A Brown {appointed November 20241 Company secretary: M Porter (resigned 31st July 20241 P King (appointed l August 2024) Senior leadership team: S Laing A Allgood {to 30th Sep 20241 J Craig (to 31st Dec 20241 P King S Begum S Cordery (from 1st Oct 20241 Registered office: 49 Vicarage Lane East Ham London E6 6DQ External auditor: Griffin Stone Moscrop & Co. 21-27 Lamb's Conduit Street London WCIN 3GS Bankers: Co-operative Bank PIC l Balloon Street Manchester M604EP Santander Business Banking Bridle Road Bootle Merseyside L30 4GB Griffin Stone Moscrop & Co Docusign Envelope 10.. 73604AAE-D08(k4EA3-8CIC-25FC7CB5LK)DD Year Ended 31 March 2025 Bonny Downs Communlty Assoclation Annual Report and Financial Statements Trustees, Annual Report {including Directors, Report) The Trustees present their report and the audited financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORPI 'Accounting and Reporting by Charities, {FRS 1021 in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charit¢s governing document, the Companies Act 2006, the Charities Act 2011 and 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 issued in October 2019. Trustees of the charity The directors ot the charitable company are its trustees torthe purposes ot chartty law. The trustees who have served during the year and since the year end were as follows: DHMann B Dexter M Dobiasova N Brook Chair Treasurer Vice chair (until Oct. 2024) Vice chair (from Nov. 2024) T Isaac l Okwudili D A CrawFord E Sharp N Maguire A Sadanandan BEM A Brown Objectives and activities The charity is a charitable company limited by guarantee and was incorporated on 3 September 1998. It is governed by a memorandum and articles of association. Its objects are to relieve need. hardship and distress of the elderly or sick in the London Borough of Newham. or elsewhere, to advance education and to provide and promote the provision of sports and sporting facilities for all age groups in London Borough of Newham and elsewhere. Public benefit statement The trustees have considered the guidance published by the Charity Commission in relation to public benefit. How the charity has delivered public benefits is set out in the 'Activities during the yearf section below. Fundraising Standards Information During the year BDCA employed two part-time grant fundraisers (equivalent to a 0.5 FTE postl who specialise in applying for Trusts and Foundations. lottery funds and government commissioning contracts and does not use external fundraisers. One of the Co-Directors, responsible for marketing, implements crowdfunding campaigns and regular donor drives to encourage local giving (equivalent to a 0.02 FTE postl . From November 2024 one of our trustees resigned and took on a fixed term contract (0.17 FTE) to support with corporate and major donor fundraising. BDCA complies with the Fundraising Code of Practice regulations that came into effect October 2019. There were no reported incidents of regulation breach or complaints made about any of our fundraisers. Griffin Stone Moscrop & Co Oocusign Envelope ID.. 73604ME-D0804EA&8CIC-25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Communlty Association nnLi>I P.pport ind F1n,Inci?I St?tenients In line with our GDPR and safeguarding policies, we only sent newsletters including direct fundraising appeals to Service users who had freely given us opt-in consent. An unsubscribe button was available on every email to allow for easy and instant termination of messages at the recipient's request. Social media- based crowd funding campaigns included a non-financial option to support our work through spreading the word or volunteering so those unable to afford financial gifts are made aware of other valuable ways to get involved. Social media users can easily unfollow or temporarily mute crowdfunding campaign posts from our charity. Donations are received from service users either through our secure online giving platform or via cash collecting tins or envelopes delivered to The Well Community Centre office / project staff. BDCA seeks to protect vulnerable people by not directing fund raising to specific individuals, monttoring amounts received from individuals and refusing excessive donations from vulnerable individuals. Where staff receiving or monitoring donations from individuals are concerned that the level of giving is disproportionate to their circumstances, they will refer this to the safeguarding team to review, Activities during the year BDCA'S activities during the year helped to fulfil our vision. mission and values: Vision: A thriving community where everyone feels connected, valued and fulfilled. Mission: Breaking down barriers, bringing people together and building people up. Values: 11 Inclusion 2) Celebration 31 Empowerment In particular they reflect our Strategic Aims for 2022-2025: Joy Equity Diversity Innovation Thls report shows how the various activities and projects helped us progress towards these strategic aims during the 2024-2025 financial year. The Year in Numbers Nursery grants {including Garfield Weston Foundation) 2,848 people used our services 27,091 times 76 people employed, with all adults at or above the London Living Wage 1,400 hours hired by locals for meetings, events, and parties at The Well 2,200 hours hired for sports and activities at Flanders Field Drapers company The age of our visitors ranged from O to 100 years oldl Our visitors speak over 49 languages from Akan to Yoruba Introduction from the Chair of Trustee To bring transformation to communities you need RAW power Willingness. I believe that Willingness is the most essential. combining Resources, Abilitie5 and Griffin Stone Moscrop & Co Doeusign Envelope ID.. 73604JWE-D0804EA3-8C1C-25FC7CB500DD Year Ended 31 March 2025 8onny Downs Community A5SOCiatlon Annual Report and Financ431 Statemenl5 Time and again at BDCA we have seen Resources flow to support our vision. developed our own Abilities, or partnered with those who have skills we don't. The driving force continues to be the conviction that everyone in our community is of value and that by working together we can see everyone flourishing. Even if the results aren't what we hope for, or come much too slowly, our relationships are enriched and working together is a reward in itself. If you take a coal out of the fire it quickly burns out, which is why we need to stick together to keep our dreams alive. We continually need to be fanning the flames of Willingness in each other. Years of austerity and lockdown have squeezed out hope and belief for so many and aspiration has died. This is a dangerou51y fertile ground for division and scapegoatin& so our mission to break down barrier5, build bridges, and bring people together is more essential than ever. Joy This year at BDCA we celebrated our 25th Anniversary. with an exhibition of our charity's history, alongside pie and mash, jollof rice and rainbows. We were delighted and proud that our Chair of Trustees, David Mann, was recognised with the Honorary Freedom of the Borough Award by Newham Council for his services to the local community. We brought our communrties together to celebrate many otherjoyful occasions including inter-faith events for Christmas, Diwali, Easter, Eid and Onam. We held a ribbon-cutting ceremony to unveil The WELLcome Hub, a building next door to The Well which we have made it into a colourful, joyful home for our support services. This was thanks to Newham Council giving us meanwhile use of the building. Our Go Wildl Summer Scheme helped over 200 young people experience joy through exciting activities such as skateboarding, cooking, dancin& music production and more. Younger children and their parents enjoyed trips to local parks and museums through our Mini Explorers summer programme. The events and trips for our Over 65s members included a Summer Staycation party, a daytrip to Clacton-on. Sea and the annual traditional 'Turkey & Tinsel, weekend away for Christmas. They loved the line-dancing lessons from our partners, Immediate Theatre. There was joy in our Community Garden for many: primary school children digging for worms, teenagers volunteering for their Duke of Edinburgh Award, parents and toddlers juicing freshly plucked apples and grapes, and pensioners feeding the chickensl Our sports members enjoyed watching the Euro Finals in the Pavilion and a bring-a-dish party at The Well as a change from seeing each other sweating in exercise sessions! We are thankful to Excel London for bringing joy through their annual tradition of providing a silver service Christmas dinner for all our Foodbank visitors and volunteers. Volunteer Mary introduced an arts table at our Foodbank that has been a huge hit, providing the joy through art therapy and a listening ear for people whilst waiting for their food parcel. Our CommuniTEA Café provided a warm and welcoming space to staff and visltors, thanks to our regular volunteers with their hard work and cheerful spirits. Griffin Stone Moscrop & Co Docusi9n Envelope ID.. 73604AAE-D081HEA3-8C1C-25FC7CB500DD Year Ended 31 MJrch 2025 Bonny Downs Communlty Association Annual Report and Financial Statements Highlights 396 adults boosted their happy hormones attending our fitness activities from Aerobics to Zumba. 200 children from low-income families experienced the joy of receiving Christmas gifts delivered by Santa, Elf and Rudolph! 122 older people enjoyed visiting new places such as Windsor Castle and Mississippi Boat Tour. 516 parents and toddlers took part in fun bonding activities during our playgroup. NvpcF£PW yPIXVT(F {IvxAuSivy fup*i£k6 Q8fjTOV) Case Study.. Meet Joan: I lookforward to Tuesdays and Seeing friend5 here." Joan, 91, is a retired secretary, who was busy and active until her husband passed away in 2021. Joan became lonely and her deteriorating health made her feel housebound. She received support from our Over- 65s advocate and began attending our Over 65s Coffee Morning this year. "I've mode so many friends here and l enjoy the arts and craft,. said Joan. 'The people coming here, and the staff, are all so friendly. If you hove o problem, they try to help you 501ve it. It'5 wonderful here." Participant Quotes Bonny Down5 is a lifeline to elders especially those living alone. It 5 friendly, wurm, accommodating, ond staff are amazing. Lots of us would be105t without our groups, Outings, friends etc. It s a great community with lots of amazing people and greot programmes for everyone.- "I con't thank the volunteers enough for making me and everyone feel most welcome" l om hoving such a fantastic time enjoying all the activities provided. Made newfriend5, Vlslted ploces of interest, the exercise programme isfantostic. Our instructors are the best and the stuff are always there if we Gre in need." EQU ITY We created a film with local women voicing the injustices they face as legal migrants with No Recourse to Public Fund, in partnership with Greenwich University and Communsty Albums. The film was shown to local councillors, charities and community members who attended our premiere, co-hosted by Sir Stephen Timms MP, Dr Sally Mann, researcher at the University of Greenwich and Nora Nyugab Linwe, one of our volunteers with lived experience. You can watch the video on our YouTube channel: htt www. outube.com watch?v-czO FOKKbuO With our partners at Praxis, Renewal Programme, Alternatives Trust and Family Navigators, we continued providing advice and support to families. who gather at our WELLcome Hub to share experiences, celebrations and meals. Our Family Hub and Homeless Day Centre members particularly enjoy cooking the meals. as sadly many don't have access to their own kitchens. Our Food Bank provided emergency food parcels for those in need, along with a sit-down community hot lunch. Our Food Club helped people stretch their budget by shopping at low discounted prices. Both sessions included wraparound services offering advice and support with immigration, budgeting, universal credit and housing. Poet Yrsa Daley-ward created poems inspired by her visit to our Food Club, which you can find on YouTube: htt outu.be Vw-s Griffin Stone Moscrop & Co Docusign Envelope ID: 73604AAE.D0804EAMC1C_25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Community Association Annual Report and Financial Statements We gave out boxes of fresh food from Feeding Britain and Miracles, to help families make healthy meals during school holidays. Ou r Kids Bank gave out donated toys, children's clothing and school uniforms. We continued to distribute emergency formula milk and nappies. Over Christmas we shared out toys from ELBA and vouchers and chocolates from EECF. Our three weekly toddler groups ran term time, providing a free space for families struggling on low income to bond with their babies and meet others on the parenthood journey. Our Youth Project received funding from HAF and Feeding Britain to provide free lunches and fun holidav activities for young people who are eligible for free school meals. We increased our provision for SEND families through our Growing Well toddler group, SEND youth club sessions and a weekly SEND disco for those with severe disabilities. Highlights 92 older people tackled their hardships with the support of our Advocate 454 households used our Food Bank for emergency food parcels 384 locals shopped at our Food Club for discounted food and e55entials 68 clients received 1,376 hours of debt advice and information Case Study.. Meet Michael: "Ifeel a sense of liberation from the pressure and worries of debts. Michael was overwhelmed with over £IOk in debt when he reached out to us. Our debt advisors helped Michael put everything in perspective, gather all the documents and contact his creditors to come up with manageable payment plans. This helped ease the pressure Michael was feeling from the weight of his debts. -They were always polite, friendly, warm ond non-judgmenttJl,- said Michael. "It helped reduce the 5tre5s of the chootlc Sltuation I was in. It hos helped me mentally and emotionolly. I feel that they reolly wont to oddress my issues t7nd help however they con.- Participant Quotes "Nice to get out the house and meet people and have o cup of teo and chat. We like it there because it's good to be around others who 17re struggling with the cost of living too. We getfree lunch so that is very nice. It give5 us some time to be around others... mokes us allfeel we are not alone." "BDCA ha5 helped me and my daughter source, Signpost ond navigate support." "Gove me hope when I hod none. Gove me somewhere to go ond people to help me and get advice from. "It has helped me ond my husband have o place to go where we can meet and engaged with other5 who understand Some of our challenges. It hos 0150 given me some mental space for the time we are there, And it s beenfun. DIVERSITY Griffin Stone Moscrop & Co Docusign Envelope ID." 73604AAE-D0804W8C1C-25FC7C8500DD Year Ended 31 March 2025 Bonny Downs CommunTty Associatlon Annual Report and Financial Statements We worked with local historians from Eastside Community Heritage and our friends at Community Album5 to record interviews of our diverse local leaders. whose grassroots activism and interfaith teamwork shaped BDCA'S 25-yearyourney. Our young people were empowered to use their gifts and become leaders, through our summer employment training programme. Our'stepping Up, graduate Joey is now paid to lead our ESOL classes and Paris secured a role working behind the scenes in tech and marketing. The dream for an Outdoor Kitchen came from a variety of nationalities meeting in our Community Garden: with their hopes to show each other how to use the garden crops to make meals from their various cultures: Bangladeshi, Indian, Polish, Turkish, English and Welsh. The Garden was also cared for by three Honduran volunteers over the summer months and 20 members of the London Ghana SDA Youth Church group who worked on the compost bays. Our Children & Families team co-produced a range of diverse events from religious festivals, Pride, Burns Night lincluding Scottish dancing!), and a Community Nativity. All the Family Hub members enjoyed learning to sing Christma5 Carols in Malayalam I Our Sports and Fitness programme helped people of all backgrounds come together to improve their mental and physical health such as Walking Football for men over 405, Bhangra Fitness for women, Footy & Friends for younger men and the ever-popular Community Pilates that many people credited for helping their back pain. Highlights 232 women participated in 3,146 hours of sports and fttness 81 locals from ages 2 to 77 year5 spent 1,524 hours helping our garden flourishl 43 individuals spent 445 hours improving their English language skills 98% said they felt more connected to the community through our activities IBDCA 2024 Community Survey) 97% said our activities helped them meet neighbours from different backgrounds, ages and cultures IBDCA 2024 Comrnunity Survey) Case Study.. Meet Varsha: 'Bonny Downs is my support system,. it has given me a community f.7nd n bi(T fiiryFiIy Varsha moved to East Ham during the pandemic and struggled with food insecurity and support for her child with SEND. She was referred to our Foodbank, where she received the emergency food parcel and a kind listening ear. This helped her access further support with nappies, children's clothing, attendin8 skills courses and a supportive community through our Family Hub, where she currently volunteers. 'Wlieiiever l ioipTre witli niy problei7)s, they're olways wllling to help me, said Varsha. "ThGt's why I volunteer, to give bock to the community thot 15 OSSlSting me greutly. People Ii,'i'L Ii(Iv¢ shown so much kindness and love. They lifted me when I hove felt broken. It has helped my mental heolth and gives me o break. 8ecouse of Bonny Down5 Ifeel l am not olone." Participants Quotes -As a grandparent who cores for 2 grandchildren I hovefound the toddler group an (7mozing place to keep them entertained and Safe. I've met other grandparents and parents andfeel very supported. The singing and parachute gomes are such fun ond snock time 15 0lwGy5 heolthy and varied. l 0150 come to the weekly evening yoga. It'5 such o relaxing spoce, thoughtfully led, and I always sleep well after.- Griffin Stone Moscrop & Co Docusign Envelope ID.. 736D4AAE-D08o4￿8Clc-25FC7c85ooOo Year Ended 31 March 2025 Bonny Downs Comrnunlty Assoclatlon Annual Report and Financial Statenient5 I made o lot of newfriends ondfeel more integrated into the community." Going t17ere every week has definitely improved my physicol health. No more frequent headaches, somewhere to go and mingle with friends, meet peoplefrom other cultures, no more loneliness in the evenings. INNOVATION Local NHS heroes and carers revealed to us the severe lack of services available for people with dementia. We joined forces with NHS ELFT and experts from the Association for Dementia Studies to pilot London's first support group for people with dementia and their carers, based upon the evidence-based international 'Meeting Centres, model. After sharing lunch together, attendees practice cognitive stimulation therapy, then enjoy singing favourite songs, relaxing yoga, gardening, and crafts. There is a brilliant film of the pilot project to watch on our website: htt www. outube.com watch?v-w 8 D6YS c We were honoured to be invited by Newham Council to help test their Thriving Communities new package of support for young people with more complex needs. We recruited a Youth Setvices Lead to trial activities such as SEND discos, anger management workshops and disability cricket sessions, engaging more young people who are traditionally hard to reach. Local factory Tate and Lyle gave us funding and NewLife shared their ski115 to bring to life the Outdoor Kitchen that was dreamt up by our diverse team of Community Garden volunteers. One big innovation this year was taking on'meanwhile use, of 35 Vicarage Lane, a disused council call centre next to The Well. It was a huge task, but staff and wonderful teams of volunteers took up the challenge of turning a building that had stood empty for over a decade into a vibrant and welcoming home for our community support services. We are grateful to teams from Mastercard, Cadent and the Financial Condurt Authority for their help. BDCA'S community support projects had to move out of the old church hall thev were usin& due to its planned redevelopment. Other new activities this year included: local author Luan Goldie voluntarily running monthly creative writing workshops; after-school sessions for primary school aged children ranging from cookery clubs to magic mermaid parties; youth theatre; mental health workshops With the NHS- partnering with Iron5 for Foodbank to collect donations at West Ham Football Club grounds on match days; pop-up stores selling preloved clothes,. and our Over 65s team securing free space at Central Park so older members could enjoy Bowls outdoors in the sunshine. Case Study.. Meet Rosetta "If I didn't have Bonny Downs, I'd be sitting Gt home depressed and lonely. 77-year-old Rose is a regular at our Zumba sessions and volunteers for our CommuniTEA Café weekly. She enjoy5 meeting people, telling them about activities that might interest them, and making them feel cheerful. "I Ilke being connected to people," says Rosetta. "8eing retired, Bonny Down5 give5 me o reason to get out ol the house and mingle with the community, insteod of being ot home olone. I love being here and talking to people from diflerent bockgrounds." Highlights We completed another Eco Audit this summer, which showed: 10 Griffin Stone Moscrop & Co Cl*44TEt￿*£tAINT￿ATSA￿QsTEW￿L1fA1OAS Docusign Envelope ID". 73604AAE-DO8(￿4EAmCIc-2SFC7CBS00DO Year Ended 31 March 2025 Bonny Downs Communlty Assotl3tlon Annual Report and Financial Stètements Gas consumption is down by 78% thanks to new efficient boilers Paper consumption down by 75% saving 110 trees per year Carbon emissions down by 52% Our BDCA Community SuNey 2024 showed that 99% would recommend our activities to others Participants Quotes "BDCA ha5 made a big impact in my life by the voriety of things on offer. Professional guests ore invited to inform us about bonking, scams and how to write a will. There is also entertainment, trips and shared meals." "If staff cannot help resolve any problems, they will direct you to the best service or team. "The women's exercise clos5es have rnade a massive difference to my mentol health. It's helped me meet localfriends, manage my onxiety disorder andfeel better about myself.. What our Partners & Supporters Say "Bonny Downs is an inspirational community organisGtion providing empowering opportunities for everyone regardless of background. It's driven by passion and purpose from a dedicoted team. BDCA has worked tirelessly to offer G helping hond, connert people and deepen community bonds. Through their various programmes ond countless volunteers, they offer hope ond sanctuary. As we mark Bonny Down's 25th anniversary, I look forward to seeing them build on their incredible achievements through the power of community activism in the yeors ahead." Rokhsana Flaz, Mayor, LB Newham "For 25 years, BDCA hos been committed, creative and energetic in supporting our local community. When people have hit difficult times- and, above all, during the pandemic, when the jobs of many hard-working local people stopped, and their visa stopped them applyingfor benefits BDCA hos stepped up to help, with generosity and kindness. It was a privilege at the celebration to express thank5, on behalf of the community, for their imaginative ond wide-ronging contributions and to lookforward to seeing their plans come tofruition." Sif Steplieii Tiiiiins, MP for East Ham, LB Newham "BDCA has been a cornerstone in East Hom. Their tirele55 work sUPPOrts our rnost vulnerable residents andfosters unity in our diverse community. BDCA is an invaluable asset, creoting a cohesive and h(7rmonious environment where everyone is caredfor and connected.- Cllr Lakmini 51iah, Coui)£illor for East Ham South "We ore honoured to work with the Newhom institution that Is BDCA. We love witnessing the passion and dedication of their incredible staff os they strive to serve the most needy. To shore knowledge on staying safe through fraud awareness, digital inclusion and money skills is what we are herefor and thank them for inviting us to do so. BDCA truly embodies the spirit of the East End of London with the traditional morals offamily, respect and integrity ot the heart of all they do. My team feel part of BDCA with the warm welcome we receive. A brilliant centre, run byfantastic colleaguesfor awesome residents l- Cciri O i)cil, Custonier Ca re Leader, B"Irclays East Ham 11 Griffin Stone Moscrop & Co Docuslgn Envelope ID.. 736(m￿E-DQ8o4EA3-8Clc-25FC7cB5tK)DD Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Report and Financi31 Statements "It has been our ab501ute pleasure and joy to collaborate with BDCA to bring to life Newhum s Dementia Meeting Centre, along with the University of Worcester. From the initial dreaming and planning stages to nearing completion of it5 pilot phase, we could not have askedfor more committed, compassionate and dedicated partners. The warmth of everyone at BDCA has ensured people with dementia and their carers havefelt 5UPPOrted each week, with a place to go to hove fun, therapies and more, in a truly person-centred way. We lookforward to continuing to work together to improve dementia core. You are truly inspiring. Dr Michelle Hamill, Consultant Clinical Psychologist and Zethu Makatinl, Famlly & Systemic Psychotherapist, NHS East London Foundation Trust "Tiny Town Daycare has been renting a spacefrom BDCA since 2023. We have been welcomed into the community with open arms and have maintained a great portnership with all the stGff here. We have been able to offer many localfamiliesfunded childcare which ollows more parents to get back into work and more children to get the support they need. We hope to continue this for many years to come.- Tina Ratnasothy, Managing Director, Tiny Town Daycare "BDCA hos been a valuable partner in our Older People & Housing Programme. They have provided us with key insights and demonstrated their obility to odapt and respond effectively to the needs of older peoplefacing isolation and poverty in Newham." Riazil Bhuiyan, Grants Officer, The Mercers, Company "BDCA is such a valuoble resource for me and so rnany others in Newham. This year the charity celebrates its 25th anniversory, and its work supporting the local community and tronsforming Newham is as important as ever.- Lucy Wray, local parent who ran the Shakespeare Marathon to raise funds for BDCA Financial review (including reserves policy} The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charitie5 IFRS 102) issued by the Charity Commission for England and Wales in October 2019. The Statement of Financial Activities shows incoming resources of £1,138.180 {2024: £1.501,521} and resources expended of £1,184,565 12024- £1,352.5161 with additional loss on disposal of fixed assets of £1,268. Reserves carried forward amounted to £901.03812024: £948.6911 of these funds, £179.45512024: £182,241) were restricted funds, leaving unrestricted reserves of £721,583 {2024: £766,450) of which £373,59412024: £380,698) has been designated (see note 20al, leaving free reserves of £347,989 {2024: £385,752}. General funds available without having to dispose of fixed assets were £295,641 12023". £330,700) after investing £13,886 in the operational assets during the year. Where operational fixed assets were funded by restricted grants these have been included in income when spent and a transfer made from restricted funds to the designated fixed asset funds to cover the cost carried forward on the balance sheet to be depreciated over their useful life. The deficit on general funds was a planned deficit to use up unrestricted grants recieved at the end of the prior financial year. 12 Griffin Stone M05crop & Co Docusign Envelope ID: 73604AAEIJ0804EA>8C1C-25FC7CB5C#)DD Year Ended 31 March 2025 Bonny Dovms Cornmunlty Assoclatlon Anniial Rerjort and Finanr.ial Statempnls The principal funding sources are grants £541,664 {2024: £828.8341, earned income from se￿iCe contracts and other income £204.751 (2024: £231,910}. hire of facilities £195,668 12024: £139,596). and user contributions and other income £196,097 (2024: £301,181). Other income includes investment income of £8,088 {2024=£1,592}. The increase is due to the trustees agreement to place some of the reserves into a no risk to capital, instant access investment account with Epworth Investment Management Ltd. The Reserves Policy set by Trustees is to hold reserves of between two and three months of total expenditure. This policy ensures that BDCA'S core activities could continue during a period of unforeseen difficulty, enabling the organisation to continue operations even if there was no other income being generated. This prudent approach ensures BDCA is able to meet its contractual liabilities, any unexpected cost}, provide working capital when funding is paid in arrears, and also to ensure that the organisation can continue to provide a stable and quality seniice to its users. This policy also gives the organisation the flexibility to innovate and react positively to needs as they arise. Reserves have been maintained at this level for above throughout the year. The trustees are satisfied with the financial position of the charity. Plans for future periods At the end of the 24-25 financial year, Newham Council cut from its budget the commissioning for the Youth Empowerment Service Newham, a borough-wide voluntary sector consortium. This will take effect at the end of June 2025. BDCA has funds from other sources to deliver a summer programme in 2025 and will seek funding to continue some sessional activities for young people from September. Towards the end of the financial year, funds were awarded to install solar panels and other energy-saving measures at The Well Community Centre in the summer of 2025. This aligns with BDCA'S Environmental Policy which aims to achieve net zero by 2030 and will reduce operating costs in the future. Structure, governance and management Bonny Downs Cornmunity Association (BDCAI was formed by local people in 1998 in order to develop The Well Community Centre in partnership with Newham Council. Initially all team members were recruited from Bonny Downs Baptist church membership land their families), however trustees are now drawn from a much wider spectrum of the community. The charity employed 65 staff in total over the year {20.24 FTEI (previous year 84. 27.05 FTEIThe average number on the payroll over the year was 36 (previous year 491. They were engaged in charitable activities, finance and day-to-day administration. We also had 80+ volunteers serving alongside the paid staff team to help deliver activities, either as a placement from one of the projects or a member of the community giving a few hours a week. During this year BDCA is proud to be a London Living Wage accredited employer. Throughout this financial year, BDCA continued with its distributive leadership structure. A senior team of five part-time Co- Directors13.15 FTE in total} led by Sarah Laing as CEO. oversaw the crucial charity-wide areas of Finance, Facilities. Partnerships, Fundraisin& Innovation, Strategy, Marketing and Personnel. Risk management 13 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE.D08(k4EA3-8C1C-25FC7CB500DD Year Ended 31 Marcn 2025 Bonny Downs Communlty Asso¢latlon Anftuhl Report and Flnanclal Statements The trustees acknowledge there are business risks associated with the service provided by Bonny Downs Community Association and have sought to manage those risks via insurance and working closely with Newham Council, which owns the freehold to The Well Community Centre and Flanders Field sports ground from which the charity operates. The principal operating risk is continuity of grant funding to cover the costs of charitable activities. Related parties Details of related parties and transactions with them are given in note 28. Funds held as Custodian Trustee on behalf of others BDCA does not hold funds as custodian trustee on behalf of others. Compliance with laws and regulations The trustees have established policies and procedures designed to ensure that it complies with all material laws and regulations in relation to the charitable company's operations and activities. The trustees are not aware of any significant non-compliance with laws and regulations. Trustees, responsibilities Company law requires the trustees to prepare financial statements for each financial year. which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities Statement of Recommended Practice (SORP. (FR5 1021),. make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustee5 are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the f inancial 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 for taking reasonable steps forthe prevention and detection of fraud and other irregularities. Independent auditors The Trustees appointed Griffin, Stone, Moscrop & Co as the charitable compan￿5 auditors. Disclosure of information to the auditors We, the directors of the company who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that: there is no relevant audit information of which the companrfs auditors are unaware", and • we have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. 14 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D081HW8C1C-25FC7CB500DD Year Ended 31 March 2025 8onny Downs Communlty AssoclatSon Annual Report aiid Financial Statements Small Companies, Exemptions The report of the directors has been prepared taking advantage of the small companies, exemptions provided by section 415A of the Companies Att 2006. In approving the Trustees, Annual Report, we also approve the Strategic Report included therein, in our capacity as company directors. On behalf of the board Signature: Dave Mann Chair of Trustees DATE: Lrl li l LoY5- 15 GrifFin Stone M05crop & Co Docusign Envelope ID.. 73604AAE-DO8￿EA>8cfc-25FC7cB5[￿lDD Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Repoit and Financial Statements Independent Auditor's Report to the Members for the year ended 31 March 2025 Opinion We have audited the financial statements of Bonny Downs Community Association Ithe 'charitable companWI for the year ended 31 March 2025 which comprise the Statement of Financial Activities. the Balance Sheet, Statement of Cosh Flows and notes to the financial statements, includin8 Sl8nificant accountin8 policies. The financial reporting framework that hos been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial ststements: give a true and fair view of the state of the charitable companws affairs as at 31 March 2025, and of its incoming resource5 and application of resource5. including its income and expenditure. for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿. and have been prepared in accordan￿ with the requirements of the Companies Act 2006. Basis for opinion We conducted our aLtdit in accordan￿ with Intemational Standards on Auditing IUK)11SAs IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the finanaal statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accofdance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees. use of the goin8 concern basis of accounting in the preparation of the financial Statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast Significant doubt on the charitable company's ability to continue os a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the re5ponsibilitie5 of the trustees with respert to going concern are described in the relevant sections of this report. Other information The other information comprise5 the information included in the trustees, annual report. other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and. except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility 15 to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material mi55tatement in the financial statements themselves. If, based on the work we have perfomed, we conclude that there is a material mi55tatemeDt of this other infomiation, we are required to report that fact. We have nothing to report in this regard. 16 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D0804EA3-8C1C-25FC7CB5LK)DD Year Ended 31 March 2025 Bonny Downs Community AsSOCiatlon Annual fleporl and Financial Statements Independent Auditor's Report to the Members (cont.) Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the trustees. report. which includes the directors. report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements- and the directors, report included within the tnjstees. report ha5 been prepared in accordance with applicable leBal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors. report incltsded within the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by u5: or the financial statements are not in agreement with the accounting records and return5,' or • certain disclosures of trustees, remuneration Specified by law are not made; or • we have not received all the infomiation and explanations we require for our audit: or the trustees were not entitled to prepare the finanoal statements in accordance with the Small companies. regime and take advantage of the small companie5, exemption in preparing the directors, report. Responsibilities of trustees As explained more fully in the trustees. responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being sat15fied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial Statements that are free from material misstatement, whether due to fraud or error. In preparing the financial ststements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to 8oinB concern and using the goin8 concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of a55urance. but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be experted to influence the economic decisions of users taken on the basi5 of these financial statements. Irre8ularities, including fraud, are instances of non-compliance with laws and regulations. We desi8n procedures in line with our responsibilities, outlined above, to detect material misstatement5 in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: carrying out substantive checking to support documents on a sample basis of individual transactions within income and expenditure to give comfort that on a sample basis the Statement of Financial Activities doe5 not contain any irregular items; • carrying out walk-throu8h testing to verify that the chariws accounting systems and controls are being implemented as designed,. and the existence and valuation of these balances at the year*nd. 17 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604ME-D080-4EAUC1C-25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Communhy Assoclatlon Annual Report and Financial Statement5 Independent Auditor's Report to the Members (Cont.) Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instsnces of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion, omi55ion or misrepresentation. A further description of our responsibilities is ovailable on the FRCS website at= htt www.frc.or . assurance auditor-s-res onsibilities-for-the-audit-of-the-fi descri tion-of-the-auditor%E2%80%99s-res This description forms part of our auditorfs report. auditors audit- onsibilities-for This report is made solely to the charitable companrfs members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable compan¢s members as a body* for our audit work. for this report or for the opinions we have formed. Robert Smith (Senior Statutory Auditor) For and on behalf of Griffin Stone Moscrop & Co Chartered Accountants & Statutory Auditor 21-27 Lamb's Conduit Street London WCIN 3GS r/itr124¥j 18 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D0804EAMCIC-25FC7CB5000D Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Report and Financial Statements Statement of financial activities (including income and expenditure account) for the year ended 31 March 2025 2025 2024 Unrestricted funds Restricted Endowment funds funds Total Total Note Income and endowments from: Donations and legacies Activities for generating funds Investment income 213 56.924 419.521 8,088 641.558 12.089 698,482 431,610 8,088 869,892 630,037 1.592 Total income and endowments 484,533 653.647 1,138,180 1,501.521 Expenditure on: Raising funds Charitable activities other governance 35.960 516,059 7,800 242 624.504 36,202 1,140,563 7,800 32,338 1,310,829 9,349 Total expenditure 559,819 624,746 1,184,565 1,352,516 Net gains I1105sesl on investments Net income/lexpenditure) (75.286) 28,901 146,3851 149,005 Transfers between funds 20 31.687 (31,6871 Other recognised galnslllosses): Other gains/llossesl {1,2681 11,2681 110,102} Net movement in funds (44,867) (2,7861 (47,653) 138,903 Reconciliation of funds: Total funds brought forward 766,450 182,241 948,691 809.788 Total funds carried forward 721583 179 4S5 901038 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. For charitable companies not preparing a separate summary income and expenditure account only. The notes on pages 23 to 45 form part of these financial statements. 19 Griffin Stone M05crop & Co Docusign Envelope ID.. 73604AAE-D0804￿8ClC-25Fc7CB5(JoDD Year Ended 31 March 2025 Bonny Down5 Community Assoclatlon AnnLsal Report and Flnancial Statements Summary income and expenditure account For the year ended 31 March 2025 2025 2024 Note Income Gains/llosses} on investments Interest and investrnent income 1.130.092 1,499,929 8,088 1.592 Gross incorne 1.138,180 1,501,521 Expenditure Interest payable Depreciation and impairment charges 1,140.939 1,281,499 9/13 43.626 71,017 Total expenditure 1.184.565 1,352,516 Net income/(expenditurel {46,3851 149.005 The notes on pages 23 to 45 form part of these financial statements. 20 Griffin Stone Moscrop & Co Docusign Envelope ID: 73604ME-D08(k4EA34C1&25FC7CB500DD Year Ended 31 March 2U25 Bonry Downs Communlty Assoclation Annual Report and Financia1 Statenient5 Balance sheet As at 31 March 2025 Company registration number.. 03625785 2025 2024 Note Fixed asset5 Tangible assets 13 42S,942 435,750 425,942 435,750 Current assets Debtors Cash at bank and in hand Deposit accounts 14 48,024 438.300 180,807 77.581 544,479 153.594 667,131 775,654 Creditors: amounts falling due within one year 15 1192.0351 {262,7131 Net current assets/lliabllities) 475,096 512,941 Total assets less current liabilities 901.038 948,691 Net assetsllliabilities) 901,038 948,691 Charlty Funds Endowment funds: Permanent endowment Expendable endowment Restricted funds Unrestricted funds: Designated funds General fund 20b 179,455 182,241 20a 203 373.594 347,989 380,698 385.752 Total charlty fundslldeficit) 20 901,038 948,691 For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies but as this company is a charity, it is subject to audit under the Charities Act 2011. Directors, responsibilities: The members have not required the company to obtain an aLEdit of rts accounts for the year in question in accordance with section 476.. The directors acknowledge their responsibilities for complwng wsth the requirements of the Act with respect to accounting records and the preparation of accounts. These financlal statements have been prePa￿d in accordance with the provision5 applicable to companies subject to the small companies, regime and in accordance with FRS102 and Charities SORP IFRS 102). The financial ststernents were approved and authorised for issue by the Board on 25th November 2025 and signed on behalf of the Board of Trustees. gLPtLV Brlan Dexter, Trustee Date: 2511112025 The notes on pages 23 to 45 form part of these financial statements. 21 Griffin Stone Moscrop & Co Docusign Envelope ID". 736O4AAE-00804￿8cI&25Fc7cB5o0Do Year Ended 31 March IQ25 Bonny Downs Community Assoclatlon Annual Report and Financial state.ments Statement of cash flows For the year ended 31 March 2025 2025 2024 Note . Cash flow from operating actlvitie5 26 142,7481 227,710 Net cash flow from operatin8 actlvlties {42.748) 227,710 Cash flow from investing activities Payments to acquire tangible fixed assets Receipts from sales of tangible fixed assets Interest received 13 145,5741 1.268 8.088 {54,085} 646 1,592 Net cash flow from investing artivities 136.2181 151,847) Net increase/ldecreasel in cash and cash equivalents 178.9661 175,863 Cash and cash equivalents at l Aprll 2024 698,073 522,210 Cash and cash equlvalents at 31 March 2025 619,107 698,073 Cash and cash equivalents consists of: Cash at bank and in hand Short term deposits 438,300 180.807 544,479 153,594 Cash and cash equlvalents at end date 31 March 2025 619,107 698,073 The notes on pages 23 to 45 form part of these financial statements. 22 Griffin Stone Moscrop & Co Docusion Envelope ID." 73604AAE_D081HEA&8C1C-25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Report and Financial Statements Notes to the financial statements l. Summary of significant accounting policies a. General information and basis of preparation Bonny Downs Community Association is a private company limited by guarantee in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The address of the registered office is given in the charity information on page l of these financial statements. The nature of the charivs operations and principal activities are to relieve need. hardship and distress of the elderly or sick in the London Borough of Newham, or elsewhere, to advance education and to provide and promote the provision of sports and sporting facilities for all age groups in the London Borough of Newham and elsewhere. The charity constitutes a public benefit entity as defined by the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. The financial statements have been prepared in accordance with "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" ISORP IFRS10211 issued in October 2019, FRS 102. the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice [as it applies from l January 20191. The financial Statements are prepared on a going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterlin8 which is the functional currency of the charity and rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These poliaes have been consistently applied to all years presented unless otherwise stated. b. Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes including investment in fixed assets. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds whith are to be used in accordance with specific restriction5 imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the rinancial statements. For clarity of reportin& only restricted fund income of £10,000 or more is shown individually in the notes to the accounts, amounts below this are aggre8ated and reported at project or activity level. Restricted fund5 used for purchase of fixed assets carried on the balance Sheet are transferred to designated funds to offset future depreciation charges. c. Income recognition All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. 23 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D0804EA3-8C1C-25FC7CB500DD Year Ended 31 March 2025 Bonny l)owns Communlty Associatlon Annual Report and Financial Statements Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably. and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity- For example, the amount the charity would be willing to pay in the open market for such facilities and seNices. A corresponding amount Is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 1021. Further detail Is 8iven in the Trustees, Annual Report. Where practicable, 8ifts in kind donated for distribution to the beneficiaries of the charity are induded in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it15 distributed and an equNalent amount reco8nised as charitable expenditure. Gifts in kind donated for resale 3re included at fair value, being the expected proceeds from sale le55 the experted costs of sale. Where estimating the fair value is practicable upon receipt it is recognised in stock and 'Income from other trading activitie5. Upon sale. the value of the stock is charged against 'lncome from other trading activities. and the proceeds are recognised as'lncome from other trading activities. Where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until they are 501d. This income is recognised within 'lncome from other trading activitie5. Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the le8acy is treated as a contingent asset and disclosed. Income from trading attivities includes income earned from fundraisinB events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and seNices in order to raise funds and is recognised when entitlement has occurred. The charity receives government grants from the London Borough of Newham. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it 15 probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Investment income is earned through holding a55ets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not prarticable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity's right to re￿1ve payment is established. d. Expenditure recognition All expenditure is accounted for on an accnjals basis and has been classified under headin8S that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is categorised under the following headings: Costs of raising funds are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. 24 Griffin Stone Moscrop & Co Do¢usign Envelope10.' 736o4ME-DO￿EA3-8c]c-25FC7CBSu0Do Year Ended 31 March 2025 Bonny Downs Communlty Association Annual Report and Financial Statements Expenditure on charitable activities includes the costs of arranging and running charitable activities and managing and maintaining the properties that are available for hire by the community or let to Other expenditure represents those items not falling into the categories above. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and ststutory requirements. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. Expenditure representing assets costing over £l.OW that will be in use for more than one year is accounted for as described in If) Tangible fixed assets below. Support costs allocation Support costs are those that assist the work of the charity but do not direttly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include projert management carried out centrally. Where sUPPOrt costs cannot be directly attributed to particular headings, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises costs and other overheads have been allocated on the basis of the head count/dirert salary costs. The analysis of these costs is included in note 7. f. Tangible f ixed assets Tangible fixed assets are stated at cost lor deemed costl or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operatin8 as intended. Depreciation 15 provided on all tsngible fixed assets, at rates calculated to write off the cost. less estimated residual value, of each asset on a systematic basis over its expected useful life as follows: Buildin8 improvements- Over4-35 years Plant and machinery- (￿er 34 years Fixtures and fittin8s- Over 3-5 years Sports equipment- Over 4 years g. Debtors and creditors receivable/payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. h. Cash and cash equivalents Cash represents cash in hand plus bank balances immediately available to the charity. Cash equivalents are bank balances held on short term deposit available to the charity at up to 3 months. notice. Impairment Assets not measured at fair value are reviewed for any indication that the a55et may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or10s5 unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. j. Provisions Provisions are recognised when the charity ha5 an obligation at the balan￿ sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. 25 Griffin Stone Moscrop & Co Do¢usign Envelope ID.. 73604AAE-D08o4EA3-8C1C-25FC7CB5L￿DD Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Report and Financial Statement5 k. Leases Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditor5. Rentals payable and receivable under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease. l. Employee benefits When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Redundancy and termination payments are expensed as they become payable unle55 they arise from a business re-organisation when they are included as a provision when the decision is taken. The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. m. Tax The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of charitable company for UK corporation tax purposes. n. Going concern The financial statements have been prepared on a going concem basis as the trustees believe that no material uncertaintie5 exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial ststements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a 8oing concern. o. Financial Instruments Financial instruments such as loans, accounts payables, accounts receivables and cash are classified either as basic or complex. All financial instruments are initially measured at their fair values at the time the transactions occur. Subsequently all basic instruments are measured at amortised c05t and all complex financial instruments are measured at a fair value through the comprehensive income statement. Financial instruments held by the charity are classified as follows.. Financial assets such as cash and receivables are classified as loans and receivables and held at amortised cost using the effertive interest method Financial liabilities such as bonds and loans are held at amortised cost Using the effective interest method p. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires mana8ementto make judgements, estimates and assumptions that affect the amounts reported for a55ets and liabilities as at the Statement of Financial Position (balance sheet) date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements: 26 Griffin Stone Moscrop & Co Do¢usign Envelope ID: 73604AAE-DOWEA34c1C-25FC7CB51￿)D Year Ended 31 March 2025 8onny Downs Communlty Assoclatlon Annual Report and Financial Statements Other key sources of estimation and assumptions: Tangible fixed assets. Tangible fixed assets are depreciated over their useful live5 taking into account residual valves. where appropriate. The actual live5 Of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programme5 are taken into account. Residual value assessments consider issues such as future market conditions. the remaining life of the asset and projected disposal values. The carrying value of fixed assets and accumulated depreciation are set out in Note 13. Allocation of administration costs. A proportion of expenditure is either not directly attributable to specific projects or relates to the central administration of the charity. In determining how to allocate these costs the trustees have considered the level of activities in each projett, use of facilities and administrative support. 27 Griffin Stone Moscrop & Co Docusign Envelope10.' 73604AAE-IX)80-4EA34C1C-25FC7C8500DD Year Ended 31 March 2025 Bonny Down5 Communlty Assoclatlon Annual Report and Financial Statements Notes to the financial statements 2. Income from donations & legacies Unrestricted Restricted funds funds Total fvnds Unrestrirted Restricted 2025 funds funds Total funds 2024 Gifts and Legacies 56,924 30,543 87,467 26,709 14,349 41,058 Government and non-government grants (note 31 611,015 611,015 104,646 724,188 828,834 Donated services Donated goods for distribution to beneficiarie5 Other 56,924 641,558 698,482 131.355 738.537 869,892 Income from grants, donations and legacies was £698,482 {2024: £869,892} of which £nil12024: £nill was attributable to endowments. £641,55812024: £738,537) was attributable to restricted and £56,92412024: £131,355) was attributable to unrestricted funds. Trustee donations during the year were £513 towards core costs and Christmas toy appeal12024: £746- core costs and Christmas toy appeal). 28 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D08(HW8C1C-25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Report and Financial 5tatement5 Notes to the financial statements 3. Grants Total Funds 2025 UTrresticted Total Funds 2024 UTrresticted Restricted Aestr¢cted London Borou8h of Newham {￿her). National Lottery Trust IReathin8 comrnunltte5 Garden/sports/elders, cost of LMnK suw)orL youth, heritage projectl City Bridge Trust (Eldersl East End Cornmunlty Foundatlon Icovid relief I summer schemel youth) 99,894 99,894 64,661 64,661 137.545 137,545 33,560 I,ioo 227,354 39,482 260,914 40,582 10,743 14.732 65,244 10,743 14,732 65,244 29.262 20,239 37,052 23.626 113,395 29,262 20,239 40,038 23,626 113,395 7,000 10,000 Trussell Trust Mercers Company BBC Children In Need Ichildren/f3miI￿sl Cadent Gas Ltd. 2,986 161.968 161.968 Albert Hunt Trust 7,000 Awards for All 10,000 Capltal ImprovemeTrt5 (Bernard Sunley. Hob51)n Charlty. football loundatlon, sportlng Assetsl Garfield Weston 30,367 30,367 33,095 33,095 50,000 20,333 16,123 55,492 50,000 Masonic ChartLable trust lthlldrenlfamtliesl Kusuma Ichildrenlfamiliesl Compass (youth projects) Coppermakers (Youth prolectsl F￿d Aldis15ummer scheme 20251 13.000 8.868 13,000 8.868 20,333 16,123 55,492 16.130 58,217 16.130 58,217 Other-8Trnt5 Other- donatlon5 22,500 34,424 10.438 14.412 32.938 48,836 10.000 26.709 34,074 14,349 44,074 41,058 56.924 641,558 698,482 131,355 738,537 869,892 £99,89412024: £64,661) of government grants were received. £99,894 {2024: £64,661) of government grants were received from London Borough of Newham for different projects. 29 Griffin Stone Moscrop & Co Oocusign Erwelope ID.. 73604AAE-D0804EA3-8C1C-25FC7C8500DD Year Ended 31 March 2025 Bonny Down5 Communlty Assoclatlon Annual Report and Financial Statements Notes to the financial statements 4. Income from charitable activities {including Local Authority Service Contracts) 2025 2024 Administration- Management fees receivable Youth commissioning contract Homeless daycentre Sports ground maintenance The Well Community Centre roorn hire charges Wellcome Hub room hire charges Sports pitch hire Nursery fees Children and families activities Elders activities Sports facilities and sports development activity fees Community Food Club (restricted) Sundry income 3,013 150,690 54,207 24,000 92,719 176,084 4,667 24,000 113,337 11,764 70,567 46,877 164,874 64,230 14,131 1,089 7,837 12.089 10,176 10,999 4.297 Total 431.610 630,037 Income from charitable activities was £431,61012024: £630.037) of which £nil12024: £nill was attributable to endowments, £12,08912024: £11,302) was attributable to restricted funds and £419,521 {2024' £618,734) was attributable to unrestricted funds. 5. Income from investments 2025 2024 Interest - fixed interest securities Interest- deposits Other 8.088 1,592 All unrestricted 8,088 1,592 Income from investment was £8,088 {2024: £1,592) of which £nil12024: £nill was attributable to endowments, £nil12024'. £nill was attributable to restricted and £8,08812024.' £1,592) was attributable to unrestricted funds. 30 Griflin Stone Moscrop & Co r￿Gu%￿n Envèlo￿ ILk 730D4A4E-rx)afyiFAMC1&25FC7CBsoJrM) O•MV Downs ComM￿n￿¥￿D¢4aIIort AnAu41 Report and Fln4rJclal 51aiemeAts Notes to the financial stotements 6. Analysis of expenditure on charttable activities Fund raising Staff costs costs Olher Other allocated direct Costs Costs Fund r3islnB Total 2025 Staff cost5 Costs Other Othef Ilocated direct costs costs Totsl 2024 Fund ralsing costs Central èdministratlon The Well Community Centre & The Welcome Hub After school club Food & Families (Previousy Chlldren & farnilie5 and Cornrnuntty siJpportI Youth Over 65s Ipreviou5ty Elders) Food I garden prolett Sports de¥elopment& facilities Minlbus Nursery Governance 35,364 184.239 35.364 114.242 28.917 164.298 28.917 87.999 62AC#J 1133.2821 921 69,763 1146.9831 3513 33,32) 96,135 71.9x1 14321 45,886 117.354 59.301 21￿3 7.208 6,492 35383 154,565 237 91.no 44.363 290M5 156.5( 2C 166.661 53,851 377.218 168,548 57,768 8A19 92.344 60.359 38.898 13.428 62.599 4,453 45.597 274. 116.479 13.126 109.828 54,586 7.8Ql 30,072 8.129 46J88 201.331 77546 4A53 62.434 31,849 7.580 13.281 6.401 61212 9.349 31,542 17,126 8.548 39.134 52 27,586 ZIO.455 103,561 24,257 132,261 6.453 250.629 9,349 36 25 2.300 161831 7,8tY) 7,8(Xl 773.547 1.183 341.225 fj9.878 1,185.833 849.276 3AZI 439.251 70.669 1,362,617 Fund ralsin8 costs Charltable activtties Governance 35,364 TJ8.183 1.183 36.547 69.8n 1.141,486 28.917 820.359 3.421 32.338 70,669 1,320,930 9,349 333.425 7,8(Kl 429,902 9.349 773.547 LI83 34L125 69,878 1.185,833 849,276 JAZI 439.251 70.669 1362.617 £624,74512024.. £647.3COI of the above costs were attributsb￿ to restritted fijnds. £561,08712024.. £739,3581 of the above costs wereanrlbut3ble to unrestricted fvnds. 31 Giiffin Stone Moscrop & Co Docusign Envelope ID: 73604ME-D0804EA&8C1C-25FC7CB5LXIDD Year Ended 31 March 2025 Bonny Down5 Communlty Assoclatlon Annual Repori and Financial Statements Notes to the financial statements 7. Allocation of support costs and shared costs Support costs Shared costs Totsl 2025 Support costs Shared costs Total 2024 Support C05t analysis INote 7a) Fund raising costs Central administration The Well Community Centre & The Welcome Hub After school club Food & Families IPrewousy Children & families and Community support) Youth Over 655 Ipreviously Elders) Food / 8arden projert Sports development/facilities Minibus 36.667 {169.9491 (133,282) 38,002 1157.9731 1119,9711 17,503 28,383 45,886 10,498 658 16,890 21,702 27,388 22,360 1.320 2.029 249 43.043 44,363 43,568 45,597 12.877 13,126 7,674 7,8(M) 34,404 46,388 i.oii 490 18,407 21,707 13,353 4,130 19,223 19,418 22,197 13.712 4,245 31.537 168 359 126 115 11.984 12.314 168 Nursery 2,725 22,510 25.235 Total 69,878 69.878 66,340 120,0511 46,289 7a. Analysis of Support Costs Legal and Office professional running expenses expenses Legal and Office professional running Total 2025 expenses expenses Support costs Total 2024 Fund raising costs Central administration The Well Community Centre &The Welcome Hub After school club Food & Families IPreviousy Children & families and Community SUPPOrtI YoLtth Over 655 Ipreviously Elders) Food / garden project Sports developmentlfacilities Minibu5 19,251 17,416 36,667 18.746 19,233 37.979 2.277 15,226 17,503 2.038 9,476 20 11,514 21 293 1,027 638 1320 2,029 249 766 2,827 334 3,593 816 1.391 72 482 177 67 I,ooi 60 1,068 60 126 126 494 11.490 11,984 596 9,695 10,291 52 5,275 52 Nursery 5.197 78 Total 23,778 46,100 69,878 27,945 42,724 70,669 32 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAEi>0804EA3-8CIC-2SFC7C8500DO Year Ended 31 March 2025 Bonny Down5 Communlty A5sociatlon Annual Report and Financial statements Notes to the financial statements 8. Governance costs 2025 2024 Trustee remuneration and expenses Independent auditors, remuneration (including expenses and benefits in kind) 7,800 9,349 7.800 9,349 9. Net income/lexpenditure) for the year 2025 2024 Net income/(expenditurel is stated after char8ing/{crediting): Depreciation of tangible fixed assets IGainl/loss on sale of tangible fixed assets Independent auditors, fees {excluding VAT): Audit services 55,223 159 76,665 11,743 7,800 7,833 10. Independent auditor's remuneration The independent auditorfs remuneration {excluding VATI amounts to an independent audit fee of £7800 12024: £7833) and other services are preparation of the statutory accounts of £Nil {2024: £Nill. 11. Trustees, and key management personnel remuneration and expenses The trustees neither received nor waived any remuneration during the year (2024: £nill. The total amount of employee benefits (excluding pension) receNed by key management personnel £Nil12024: £Nil). The Charity considers its key management personnel comprise. lfflhe trustees listed on page l. V)lfflhe senior leadership team ISLT) listed on page I, to whom the trustees delegate day to day management of the charitv. Remuneration of key management personnel: 2025 2024 Wages and salaries Defined contribution pension costs Other benefits 153,945 4.598 128,692 4,217 158,543 132.909 33 Griffin Stone Moscrop & Co Doujsign Envelope 10". 73604AAE-D0804EA>8C1C-25FC7C8500DD Yeaf Ended 31 March 2025 Bonny Downs Communlty Association Annual Report and Financial Statements Notes to the financial statements 11. Trustees, and key management personnel remuneration and expenses Icont.) No trustees are accruing pension arrangements12024: £nil). The trustees did not have any expenses reimbursed during the year {2024: £nil}. Included in above are £nil12024: £nil) which have been paid directly to third parties. 12. Staff costs and employee benefits The average monthly number of employees and full time equivalent IFTEI during the year was as follows: 2025 2025 2024 2024 Number Number FTE Raising funds Charitable activities Governance 0.76 19.38 0.63 26.4 0.02 35.83 49.17 35.83 20.24 49.17 27.05 The total staff costs and employees. benefrts was as follows: 2025 2024 Wages and salaries Social security Defined contribution pension costs Redundancy costs Volunteer costs Training costs Recruitment, staff welfare and travel Consultants / Agency Workers 702,416 52,174 18,957 782,340 48,598 18,338 3,055 3,816 5,572 2,796 4,232 868,747 3,785 2,486 3,262 3,524 786.604 Total redundancyltermination payments amount to £Nil12024: £3,055) No employees received total employee benefits (excluding employer pension costs) of more than £60,000. Note: social security costs include employer national insurance contributions. 34 Griffln Stone Moscrop & Co Docusign Envelope ID.. 73604ME-D08N￿8ClC-2sFc7CB5OODD Year Ended 31 March 2025 Bonny Down5 CommunltyAssoclatlon Annual Report and Financial Statements Notes to the financial statements 13. Tangible fixed assets 8uildlng development Nursery Nursery extension equhprnent Sports Office Plant and facilities equipment machinery Minibu5 Total C05t or valuation: At l April 2024 Transfers 115.047 366.436 39.544 71.287 126.394 14,092 732,800 Additions 30.056 15,517 11.2681 45,574 11,2681 Di5posa15 Revaluation At 31 March 2025 115,047 366A36 39,544 101,343 140,643 14,092 777,106 Depreciation.. At l April 2024 Transfers 103,796 23.554 37.(J)8 28.266 91.554 12,871 297,049 Charge for the year Impalrment Revaluatlon 1.757 10.470 2.536 19,120 20,758 584 55.223 Eliminated - disposals At 31 March 2025 11.1091 111,203 11,1091 351,164 105.553 34,024 39,544 47.386 13,455 Net book value: At 31 March 2025 9,494 332A12 53.957 29,440 637 425,942 At 31 March 2024 11,251 342,882 2,536 43.021 34,840 1,221 435,751 14. Debtors 2025 2024 Trade debtors Other debtors Prepayments and accrued income 23,302 44,874 24.722 48,024 32,707 77,581 15. Creditors: amounts falling due within one year 2025 2024 Trade creditors Other tax and social security Other creditors Pension contributions Accruals Deferred income {note 17) Bank overdraft 8,104 13,933 250 14,870 12,294 250 44,303 124,380 1,065 192,035 36,774 195,594 2.931 262,713 Details of leasing arrangements are provided in note 16. 35 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D0804EA>8C1C-25FC7CB5c￿DD Year Ended 31 March 2025 Bonny Downs Communlty A5soclatlon Annual Report and Financial Statements Notes to the financial statements 16. Leases Operating leases - lessee Total future minimum lease payments under non-cancellable operating leases are as follows: 2025 2024 Not later than one year Later than one and not later than five years Later than five years 1,531 774 3,097 2,305 2.305 5,402 The charity completed a new 35-year lease on The Well Community Centre on 11 March 2021 with initial peppercorn rent for the first 5 years, after this period there is a rent review and a break clause, hence the total commitments until the first rent review are £5. 17. Deferred income Under I Year Over I Total Under l Over l Total 2025 Year Year 2024 year At l April 2024 Additions during the year (income received in advance) Amounts released to income 195,594 195,594 227,594 227,594 124,380 124.380 195,594 195,594 1195,5941 (195,59411227,594) 1227,594} At 31 March 2025 124,380 124,380 195,594 195,594 18. Accrued funding commitments Under I Year Over I Year Total Under I 2025 Year Over I Total 2024 year At l April 2024 Additions during the year charged to income Amounts paid during the year At 31 March 2025 19. Provisions for liabilities Total At l April 2024 Additions during the year Amounts charged against the provision Unused amounts reversed At 31 March 2025 36 Griffin Stone Moscrop & Co DouJ$lgn Envelope ID.. 73604AAE-D08￿EA3-8ClC-25FC7cB￿Kj0D Year Ended 31 March 2025 Bonny Downs Communlty A559clatlon Annual Report and Financial Statemenls Notes to the financial statements 20. Fund reconciliation a. Total funds Balance at I April 2024 Gains / Ilossesl Balance at 31 March 2025 Current period Income Expenditure Transfers Unrestricted: General fund Designated- Fixed assets (Minibus) Fixed assets (Building) Fixed assets INurseryl Fixed assests (Office Equipment) Fixed assests (Sports Equipment) 385,752 484,533 522,297 347,988 2.899 319.825 20,534 37.439 1,757 9,534 10.696 16,803 1,142 310,291 11,468 50,693 1,630 30,057 766,450 484,533 561,087 31,687 721,583 Restricted Inote 20bl 182,241 948,691 653.647 1,138,180 624,746 1,185,833 {31,6871 179,455 901,038 ote: transfers between restricted funds to fixed asset designated funds represent restricted grants spent on fixed assets which will be depreciated over their useful lrfe. Balance at I April 2023 Gains / Balance at 31 (105sesl March 2024 Prior period Income Expenditure Transfers Unrestricted: General fund Designated.. Fixed assets (Minibus) Fixed assets (Building) Fixed assets (Nursery) Fixed assests Ioffice Equipment) Fixed assests {Sports Equipment) 312,596 751,681 678,525 385,752 697 696 24.937 346.203 12.424 18,026 714,883 22,038 16,276 7,094 11,791 736,420 2,899 319,825 20,534 37,439 766,450 110.1021 15.204 31,204 46,408 751,681 110,1021 Restricted Inote 20bl 94.905 809.788 749.840 1,501,521 616,096 1,352,516 146,4081 182.241 948.691 110,1021 37 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604ME-D08(HW8C1C-25FC7CBSOODD Year Ended 31 March 2025 Bonny Downs CommunltyAssoclatlon Annual Report and Financial Statemenls Notes to the financial statements 20. Fund reconciliation (continued) b. Restricted funds Due to the number of restricted grants received, only those where receipts or payments in the year or carried forward balances exceed £8,000 are shown individually. Other restricted grant funds are pooled by activity. Balance at I April 2024 Gains l Balance at 31 Ilosses) March 2025 Current period Income Expenditure Transfers Restricted furids-admln Nursery grants (including Garfield Weston Foundation) Holiday club grants IC&FI Restricted funds IC&FI-Other BBC Children In Need 555 323 232 102 102 71.960 14,391 19,958 57.569 16.401 1.455 1.278 533 430 EECF Llfe Chances 533 Drapers company City Bridge Trust- Elders Restrictèd funds- Elders other 4.550 6.833 11.560 7.861 8.876 2,712 6,833 16,941 7,119 22.520 74 1.838 13,rx13 7.622 Restricted funds- sport5 National Lottery Heritage Fund Restricted funds- The Well 742 13,645 300 183 409 Restricted funds- Youth 4.823 2,505 43,289 5,790 10,534 17.587 3.018 Mercers Company Restricted fLtnds- Food Project Restricted funds- Povtrty response Tr￿ssIe Trust National Lottery Cost of Livln8 support grant National Lottery Reaching Communities (Sports, Over 65 and other community attivitiesl Cadent Gas Ltd. 5.704 65,244 27.659 7.782 15.257 11,6301 362 10,530 14,732 15.253 5.685 2.830 12 12 18.821 123,900 161,968 137,680 146,449 4.446 5,041 26.702 42,221 Compa55 Youth Grants 4.446 National Lottery Million Hours-youth Kusurna grant IC&FI Masonic Charitsble Foundation IC&FI LBN Welcome Newham grant IC&FI Community Food Club LBN Community Meals grant L8N Community Advice in Newham grant Capital grants for playing field LBN Thriving Comrnunities Coppermakers 3.309 4.571 6,222 6,212 5,228 8,002 8,868 13,1KKJ 8,727 12,089 io.( 13.439 19.222 14,939 16.288 1.029 6.833 11.169 10,270 1.851 9.597 2.162 62,539 11,436 673 30,367 62,084 16,130 130,0571 14551 4,694 240 653.648 624.746 131,687) 179,455 38 GrifPin Stone Moscrop & Co Docusign Envelope ID.. 73604AAE-D08NEA3-8CIC-25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Communlty A550clatlon Annual Report and Financial Statements Notes to the financial statements 20. Fund reconciliation {continued} b. Restricted funds {continuedl Balance at I April 2023 Gains1 Ilossesl Balance at 31 March 2024 Prior period Income Expenditure Transfers Restricted fund5-admin Nursery grants (including Garfield Weston) 2.948 576 (1,8171 555 L384 1,282 102 Holiday club grants IC&FI 1,51XI 11.145 12,645 Restricted funds IC&FI-other 2.779 12,286 10.053 5,012 BBC Chlldren In Neeil 2.284 23.626 24,632 1,278 EECF Life Chances 1.515 15.450 16,432 533 Drapers company 7.935 3,385 4,550 City Bridge Trust- Elders 475 39.482 33,124 6,833 Restricted funds- Elders other 10.125 7,378 5.943 11.560 Restricted funds- sports 9,822 11.061 9,168 13.8541 7,861 National Lottery Heritage Fund 51,849 42,973 8,876 Restricted funds- The Well 345 9,461 19,5331 183 Restricted funds- Youth 4,778 4.167 4.122 4,823 Mercer5 Company 274 37,052 31,622 5,704 Restricted funds- Food Project 5.417 2,5C#J 135 7,782 Restricted funds- Poverty ￿SpOnSe 24.518 35,527 44.788 15,257 Trussle Trust Financial Inclusion Grants National Lottery Cost of Living SilPPOrt grant National Lottery Reaching Communities 3.624 20.239 18.178 5,685 38,559 38,547 12 5.864 126.991 114,034 18,821 Cadent Gas Ltd. 965 113,395 87,658 26,702 Masonic Charitable Trust IC&FI 1,196 20.333 15.307 6,222 LBN Welcome Newham grant IC&FI 1.743 12.9(Kl 8.431 6,212 Community Food Club 5,414 10.999 11,185 5,228 94.905 749.839 616,096 (46.4081 182.240 39 Griffin Stone Moscrop & Co Docusign Envelope ID.. 73604ME-D08NEA3-8CIC-25FC7CB500DD Year Ended 31 March 2025 Bonny Downs Communlty Association Annual Report and Flnancial Statements Notes to the financial statements 21. Fund descriptions 31 Unrestricted funds The unrestricted funds represent the free funds of the charity which are not designated for particular purposes. bl Designated funds These represent amounts set aside by the trustees to cover investment in fixed a55ets and future expenditure or commitments such that the reserves are not available to covergeneral operating costs. cl Restricted funds Funds are deemed to be restricted when received for specific projects orto fund specific expenditure {for example salary costs for specific projects). The details of the main restricted funds are given above. 22. Analysis of net assets between funds Unrestricted funds Designated funds Restricted funds Current period Total 2025 Fixed assets Cash and current investments Other current assets Creditors within less than one year Provisions/pensions 52,348 439.652 48.024 (192,035) 373,594 425,942 619,107 48,024 (192,035) 179.455 Total 347,989 373.594 179,455 901,038 Unrestricted funds Designated funds Restricted funds Prior period Total 2024 Fixed assets Cash and current investments Other cu rrent assets Creditors within less than one year Provisions/pensions 55,052 532,004 58,478 {259,7821 380,697 435,749 695,143 77.581 1259,782) 163,139 19,103 Total 385,752 380,697 182,242 948,691 40 Griffin Stone Moscrop & Co Docusign Envelope ID." n604ME4)08(k4EAMC1C-25FC7CB5cKsDD Year Ended 31 March 2025 Bonny Downs Communlty Assoclatlon Annual Report and Financial Stalements Notes to the financial statements 23. Pensions and other post-retirement benefits al Defined contribution pension plans tEhe charity operates two defined contribution pension plan5 for its employees. The amount recognised a5 an expense in the period was £18,957 {2024: £18,338). tthe defined contributi on liability is allocated to unrestricted funds. 24. Financial commitments There are no financial commitments that have been authorised but not yet contracted for. Refer to Note 16 for details of operating leases. 25. Events after the end of the period There have been no post balance sheet events that require disclosure. 26. Reconciliation of net income/(expenditure) to net cash flow from operating activities 2025 2024 Net intomellexpertditurel for year 147.6531 138,903 Dividends received Rents received from investment properties Interest receivable (note 51 Interest payable Depreciation and impairment of tangible fixed assets (note 91 Amortisation and impairment of intangible fixed assets IGalnsll1055es on investments (Profitllloss on disposal of tangible fixed assets (Profttllloss on disposal of fixed asset investments Receipt of endowmenl Post-employment benefits less payments Provi5tons less payrnents Ilncreasel/decrea5e in $tock Ilncreaselldecrease in debtors Increaselldecreasel in credttors 18,0881 11,5921 55,223 76,665 159 11,743 11.2681 29.557 170.6781 37,485 {35,4941 Net cash flow from operating activities {42,748) 227,710 41 Griffin Stone Moscrop & Co Docusign Envelope ID: 73604A4E-Do81k4￿6cIG-25FC7cB5ooDD Year Ended 31 March 2025 Bonny l)owns Cornrnunlty Assoclation Annual Report and Financia1 Statement5 Notes to the financial statements 27. Financial instruments The charitws financial instruments may be analysed as follows: Financial Assets 2025 2024 Financial Assets Measured at Amortised Cost Trade Debtors Other Debtors Cash and Cash Equivalents 23,302 24,721 619,107 44,874 32,707 698,073 Total financial assets 667,130 775,654 Financial Liabilities Financial Liabilities Measured at Amortised Cost Trade Creditors Other Creditors Bank loans and overdrafts payable within one year 22,038 168.933 1,065 14,870 244,912 2,931 Total Financial Liabilities 192,036 262.713 42 Griffin Stone Moscrop & Co CWATER£OKICIWW4T54kÈC+STEPEDAW ID. 736NAAE.tNJ8fy4E4MCI￿￿¢?¢B￿￿￿J Omny Do￿% ¢omm¥nltyA550Llatloth knoual Report FknarKIHI 5tai•nent5 Note5 to the financial statements 28. Related party transactions All hire charges with related partie5 are on the same terms as for othervoluntsrysettor group5. rto seoJ¥ity or 8uarantee is held orBNen In relation toiransactlons wilh related parties. Information abwt related party transactions and outstanding balan￿ Is ouilined below= YeaT•)ded.. Mar-25 Yew ended.. Mar.24 (*JtstsnOin8 f4>enditure Balance5 Cw•WIArntS (￿tstandIn& balo￿t5 Cornmitmen15 Expenthture £ DRIIUtI E Dtll ICRI £ Bonny flown5 8aptlstCburth-formedtheehaDtyand someofth*dirtctorsl rry￿reeS•redlso mernbEfsolthe ¢hurch.TheChwth hire55pac*attheWdlCarnmunrty￿tr• Ind BCtAblies spxeatthethurch al hire of premise5 bl donatlOnS cl activ￿¥ costs, consumabJÉs AI 311312U25 Ik.767 1.140 1.140 8,531 24MFAI I2.2￿) 10.980 577 13507 24 12.4311 NEWw¥y 1yrtneriTrhomdessr￿ ptojealurthd WLondr Borou8h olNewh4ml I pioject delivery under service l*rfela8reement bl re-imbursementof5taff setondftynt tldonayons dl activty costs.consuMab￿ andtralnin¥ el hire ol prernises At ai/312025 53.870 1.455 461 1.875 316 2.$46 357 12231 .3B2 36,298 17.3831 17.4711 56A70 357 iuji Nev4ham Cricket Club 10.0 IiJooi bl dDn3t￿fiS At3U312025 lo￿60 IL5LK) 11,5fp)I 43 Griffin Stone Moscrop & Co D￿c￿9￿ Enwdop• ID.- n6u4pAE￿J￿EA>8¢1&25FC1¢BS￿x￿$ Jonny DowThstommurkltyAssodJiion Annval Rep¢rt and Finantlal %atement£ Notes to the financial statement5 28. Related party transattion5 IcontinLbedl Ywendtd.. Mu-24 Outstanili Ewenthlure BalarKe5 Commltments £ DftIICR)£ YeareTrded.. Mat-23 OutstandiK8 Balances Commitments Income Ewpen(ffturt DRIICRI£ Renewal Progrjmme IpartTortharityl I pragramme deli¥ery¥ia servKete¥ela8r￿eDt bl Oonaiion5 A5 al 3AI312025 2.114 120 2,114 Community Albums Ip4rtntr¢haiwi al pro8rammedellveryvia seivkelevel aBrewwt bl reom hlre tl act[￿lieS Asat3U311025 23.rn 2.WO 23.770 Seedbeds Ip•rtnErchèrtyl l actiwtycosts. consumablÈs bl donations As Ht 3U312025 iio AItEfDatl¥es Trust East London I￿rt￿r(￿rI￿> al staff SUpe￿510n Asal 311312025 1.031 1,031 326 336 44 Griffin Stone Moscrop & Co D0CL￿19￿ Envelope ID.. 73604AAE-D(1804EA>8C1C-25FC7C8500DD Year Ended 31 March 2025 Bonny Downscommunlty Assoclatlon Annual Report and Financial Statements Notes to the financial statements 28. Related party transactions (continued) BDCA is a charity rooted in the local community and has benefited from the commitment of several families based in the area who either work forthe charity or serve as trustees. The charity operates an open recruitment for all positions and seeks to appoint the best candidate for each position. BDCA runs a summer activity programme for local school children and encourages older children / young adults to become young leaders and thereby develop organisational and leadership skills. some of the young leaders are children of staff and trustees. The following employees are related parties via family connections to either the trustees or key management personnel. The trustees are satisfied that all salaries are either at or below market rate for similar roles in the area. Employer pension Gross pay contributions Leaving date Name Relationship T Laing B Laing K Griffith A Allgood J Craig M Porter Son of 5 Laing + Son of S Laing+ Brother of S Laing + Son of A Allgood+ Daugher of D Mann ' Spouse of sister of D Mann. 1.267 923 29,400 855 34,874 1,705 69,024 856 1,046 51 1,953 Other Expenditure with related parties Name Relationship Arnount Description A Laing Loni Daughter of S Laing + Daughter of D Mann ' 2,843 Leading activity sessions 960 Leading activity sessions 3,803 Other income from related parties Name Relationship Amount Description Credit note for prior year Muga hire for 1351 community group (351 S Allgood Spouse of A Allgood + trustees + key management personnel 45 Griffin Stone Moscrop & Co