REGisfERED COMPANY NUMBER: 035757201En8land and Wales) REGISTERED CHARrr¥ NUMBER: 1072152 ort tyf the Trustee5 and Unaudited Flnancial Statemen s for the Yea E ded 31 March 2 25 for LYPPARD GRANGE COMMUNITY CENTRE LIMITED Cooper Parry Advisory Limited CUBO 8lrmln8ham 4th Floor Two Chamberlain Square Blrmlngham West Midland5 B3 3AX
LYP DGRA GE COMMU ITY CENTR LIMI Content5 of the Flnancièl Statements for the ear ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Flnanclal Actlvities Balance Sheet Notes to the Financial Statements 7 to 12 Detailed Statement of FinancSal Activities 13
PPARD GRANGE COMMUNITY CENT E LIMI ED Re for the ort of the Trustees ear ended 31 March 2025 The trustees who are also dlrertors of the charlty for the purposes of the Companles Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provlsions of Accounting and Reportlng by Charities: Stètement of Recommended Practice èpplicable to charities preparing their accounts in accordance wlth the Financial Reportlng Standard applicable In the UK and Republic of Ireland IFRS 1021 leffective l January 20191. Report of the Trustees for the year ended 31 March 2025 The Trustees who are also directors of the Charity for the purposes of the Companies Act 20061 present thèir report with the financial statement5 of the Charity lor the year ending 31 March 2025. The Trustees have adopted the Provisions and Accounting and Reporting by Charitie5= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK 2nd Ireland IFRS1021 leffective l January 2019). Chairman's Introduction Welcome to the Lyppard Grange Community CentTe (Lyppard Hub) 202412025 Annual Report. The last financial period continues to be a challenge as we have seen few business bookings Canlled and a general rise In costs of our operation resulting in a loss for the end of year. The Hub has. nevertheless. increased footfall to its community-based projects including the Community Café and Tea and support Dementia group. The determined staff team continue to work hard to Increase offerings to ensure services are suitable and fit for purpose based on the changing needs of the local community. THE BUILDING The buildin& as èlways, is in good decorative order, and we continue to maintain it annually in line with our lease conditions. Hall 2 roof continues to be an issue, resulting In the room belng unusable at times, It also has a loss in incorne due to thi5 ongoing problem which has been around for many years The City Council have inditated they intend to revisit the issue if there is funding available Objectives and actlvltlès Public benefit The objectlves of the charity are to occupy and manage Lyppard Grange Community Centre, Worcester, for the use of the inhabitants of the Warndon Parish of Worcester without distinction of political, religious, or other opinions including use for meetings, lettures, and classes and for other forms of recreation and leisure time accupation with the object of improving the tonditions of life for the said inhabitants. In doing so the organisation seeks to cooperate with other charities, voluntary bodies and statutory alrthorities operèting in furtherance of the objects or similar charitable purposes and to Èxchange information and advice with them. In doing so the Community Centre provides facilities in the interests of 50tial welfare for recreation and other leisure time occupation with the Dbject of improving the conditions of life for the inhabitants of the area of benefit. We remain focused in our mission to continue to be the fDcal point of the community, developing, implementing, and enabling initiatives which will enrich the live5 of the local people. Hlre Charges The Board considered the matter of charges at a meeting, and it was agreed that a minor increase in hire charges was appropriate as we move forward to re-build our business. New User Groups During the financial period, The Hub staff has encouraged several new groups including variou5 U3A activities, Say Aphasia, Happy Steps Ballet on Saturday5 and additions to our own community fun projects by 3ddin8 Famlly Fun club to Dur Winter activity program; an after-school activity Club for children aged 4-11 years to encourage 'play' through colder, wetter months. Fifty-five group5 attend and use our premises on a regular basis. The Hub remained open for 73 hours per week. Pa8e I
LY PARD GRANGE COMMUNITY CENTRE LIM ort of the Tru5tee5 ear elided 31 Marth 2025 forthe Financial revlew Prlncipal fundittg source5 Funding Is received during the year from Wor¢e5ter Clty Council 1£20,4901 and Warndon Parlsh Council 1£35.5(Ki). We are grateful to Warndon Willages Parish Council for an Increase in their grant. Unfortunately, the Wor¢e5teT City Grant will be reduced for the comlng year wlth subsequent years looking uncertaln. Other Fundlng Local Councillors, Warndon Parish Councll supported various community initiatives including Youth Club and Dementla support sesslons and Warm Hub inltiatives with grants during the perlod totalling: £2200. In addltlon to this wè also received support from Worcester Golf and Country Club of £1616 and one of our regular user groups,. Lyppard 8rldge Club who donated £250.00 to support communlty activities. Increases in Utilitie5, a further rise in National Llvlng wage and overall cost increases will see us tradlng at a loss for many year5, something that we have not done in the last 15 yearsl ReseTves poll¢y The Trustees have in place a pollcy whereby the unrestricted fund5 not committed or invested In tangible fixed assets Ithe 'free reserves'l held by the Charity should be a mlnimum of one half of it5 estimated annual expenditure which for the current year would be £86,642 At this level, the management committee agree that short term the organlsation can sustaln losses. however any significant change in grant funding would make our current financial plan difficult to achieve. The Trustees are pleased to report that at present the free reseryes, which amount to £176,724.00 show a decrease over the previous flgure but 15 more than the safety figure set. Trustees will continue to pursue opportunities to maintain the reserve5 above the requiTed level Day to Day Management The Trustees delegate day to day management to the Manager of the Hub and Deputy Manager in the Manager's absence. Eleven further staff report to the manager who deliver communlty projects and support the day to running of the Hub. The Manager and Staff do a magnlflcent lob In maintaining the standard of the bullding and the Tange of artlvities on offer. Future plans The Trustees believe that the Centre contlnues to fulfil, if not exceed, the objertives set by the Community Development Manager of Worcester City Council and as described in the Service Level Agreement agreed between the CTty Council ènd Trustees of Lyppard Grange Community Centre Limited on annual basls. The mission of the Trustees is to provide quallty recreational and community faclllties for local inhabitants of èll ages and the Trustees believe that optlmum community benefit is achieved by working In partnership with other bodies such as the Parish and City councils. Close liaison with these authorities is, therefore, encouraged and members of both Councils are also Trustees. The facllities are Ilmlted by the slze, nature, and location of the present buildlng and without major extension It Ss only possible to provide additional pursuits and servlces by greater utilisation of the present hall and activtty rooms. Hall 2 is a continuing burden due to the leaks present on wet days as we cannot predict when this will be permanently fixed. We are grateful to Warndon Parish Council and Worcester City Council as they continue their support us. Prudent budgetln8 since 2009, will enable us to come through these troubled years, as long we focus on a complete recovery over the next years. This will however depend on grant aid continuing at slgnlflcant levels. Structurej governance and management Governlng document The charity is controlled by its governing docsjment, a deed of trLJSt, and constitutes 3 limlted companyi limited by guarantee, as defined by the Companies Act 2006. Recruitmeht and appointment of new trustees The Trustee Board conslsts of residents, Parish, and City Councillors. There is a permanent Statement on our website that if people are interested in joining the Trustees, they can apply to join the Board. in addition we approach local professional people, from time to tlme, when vacancles ex15t. It has been our policy to try and get people with professional experience as a ba51s for the Board of Trustees. Prospective Trustees are requested to attend a couple of meetings as guests before they decide whether tojoin u5, if the person decides that they are interested the Board will vote at the next meeting on whether to appoint them. Reference and admlnlstratlve detalls Registered Company number 03575720 IEngland and Wales) Page 2
LYPPARD GRANGE COM UNITY CENTRE LIM TED Re for the ort of the Trurtees ear ended 31 March 2025 Reglstered Charlty Dumber 1072152 Rqlstered offl¢e Ankerage Green W3rndon Vlllages Worcester WR4 002 Trustees M Collins Local Government Manager Iresigned 119120241 D M Cooksey Minister Of Religion L Higgins Retired S Hodgsort Logistics & Transport C L Hodgson Parish Council l M Merriman Retired R J Morri5 Retired V A Barrall Retired S Murray Trustee (appointed 2519120241 K Collier TrLtstee (appointed 2519120241 Company Secretary V A Barrall Independent Examlner Cooper Parry Advlsory Umited CUBO Birmingham 4th Floor Two Chamberlain Square Blrmin8ham West MidSand5 B3 3AX Approved by order of the board of trustees on . and signed on its behalf by: orr ruste Page 3
Inde endent Ex3m ne 'sRe orttot e T ustees o ard GTan e Communlt Centre Umited Independent emamlner's report to the trustees of Lyppard Grange Community Centre Limited I'the Company,) I report to the charity trustees on my examinatlon of the accounts of the Company for the year ended 31 March 2025. Responsibllitles and basis of report As the charity's trustees of the Company land also its dlrectors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Havlng satlsfied myself that the accounts of the Company are not requSred to be audited under Part 16 of the 21J)6 Act and are eliglble for independent examinatlon, I report in respect of my examination of your ¢harlty's account5 35 carried out under Section 145 of the Charitie5 Act 20111'the 2011 Act'l. In carrylng out my examinatlon I have followed the Directlons given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Independent examlner's statement I have completed my examlnatlon. I conflrm that nD matters have come to my attention in connection w5th the examination 8ivlng me cause to believe.. accounting records were not kept in respect of the Company as required by Sectlon 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not comply wlth the accounting requirements of Sectlon 396 of the 2006 Act other than any requirement that the accounts give a true and fair vlew whlch Is not a matter considered as part of an Independent examination. or the accounts have not been prepared In accordance with the methods and prlnclples of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charlties preparing their accounts In accordance wSth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in ordeT to enablp a proper understanding of the accounts to be reached. Paige Salisbury. ACCA Cooper Parry Advisory Limlted CUBO Blrmlngham 4th Floor Two Chamberlain Square Blrmln8ham West Midlands B3 3AX Date- Page 4
LYP ARD GRANGE COMMUNITY CEN REL MITED Statement of Financial Actlvitie5 for the ear ended 31 March 2025 2025 Unrestrlrted funds 2024 Total funds Notes Income and endowments from Donations and legacies 55.990 55.988 Charitable activities SeICes to the Community 111,335 10?,041 Investment income 3,255 5,631 Totsl 170,580 168.660 Expendlture an Charitable artiwties SeThlces to the Communlty 182,210 180,013 NEf INCOMEIIEXPENDttUREI (11.630) 111,3531 Reconcillalion of funds Total funds brought forward 257,004 268,357 Totsl funds carried fonvard 245,374 257,004 The notes form part of these financial staternent5 Page S
LYPP RD GRANGE CO MUN TVCE TRE LIMITED Balance Sheet 31 March 2025 2025 Unrestricted funds 2024 Total fund5 Notes Fixed assèts Tangible assets 12 12,579 17.983 Currerrt assets Debtors Cash at bank and In hand 13 4,749 236,997 5,056 265,214 241,746 270.270 Creditors Amounts falling due within one year 14 18,9511 131,2491 Net current assets 232,795 239.021 Totsl assets less current Ilabllltles 245,374 257,004 NET ASSETS 245,374 257,004 Funds Unrestricted funds.. General fund Operating Fund Property Malntenanco 15 150,568 82,834 11,972 162,198 82,834 11,972 245,374 257,C¥)4 Totsl funds 245,374 257,004 The chèrltable company Is entitled to exemptlon from audit under Sectlon 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 In accordance with Sectlon 476 of the Companles Art 2006. The trustees acknowledge their responsibilities for lal ensuring that the charltable company keeps accounting records that comply with Section5 386 and 387 of the Companies Art 2006 and preparing flnanclal statements which give a true and falr vlew of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year In accordance with the requirements of Sectlons 394 and 395 and whlch otherwise comply wlth the requlrements of the Companies Act 2006 relatlngto financial statements, so far as applicable to the charitable company. Ibl These flnancial statements have been prepared in accordance with the provlslons appllcable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for Issue on were signed on its behalf bv.. and ustèe 24- X*l.I The notes form part of these financial statements Page 6
LYPP D GRANGE COMMUNITY CENTRE LIMITED Notes to the Financial Statements for the ear ended 31 March 2025 Accountlng pollcles Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reparting by Charities.. Statement of Recommended Practice applicable to charities preparlng thelr accounts in accordance with the Financial Reportlng Standard appllcable in the UK and Repu blic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5 Act 2006. The financial statements have been prepared under the historical c05t convention. Critical accounting judgements and key sources of estimation uncertainty The financial statements have been preparEd Dn a going concern basis. The trustees have reviewed and considered relevant information, including the annual budget End future cash flows in making their assessment. Based on these a55e55ments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and account5. Income All income 15 recogni5ed In the Statement of Financial Activitie5 once the charity has entitlement to the funds, It is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised a5 expendlture as soon as there Is a legal or constructlve obligation commitling the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be rneasured reliably. Expenditure is accounted for on an accruals basis and has been cla55ified Under headlnÉs that aggrpgate all cost related to the category. Where cost5 cannot be dlrectly attributed to partlcu13r heading5 they have beeh allocated to activities on a basis consistent wlth the use of resources. Tanglble fixed assets Depreclatlon Is provlded at the following annual rates in order to write off each 3S5et over its estimated useful life. Improvements to prupertv Computer equlpment IO% on cost and Stral8ht Ilne over the Ilfe of the lease 15% on reducing balance Taxatlon The charlty is exempt from corpoTation tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accDrdance with the charitable objectives at the discretion of the tnjstees Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when speclfied by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the note5 to the f inancial statements. Pension costs and other post-retiremeht beneflts The charitabl2 company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 7 contlnued...
LYPPARD GfiANGE CO MUNITY CENTRE LIMI ED Notes tc) the Finantial Statements - continued forthe e3r ended 31 March 2025 Donallons and legacles 2025 2024 Grants 55,990 55.988 Grants received include the following: Worcester Clty Councll - £20,4 Warndon Parish Council- £35,500 Investment income 2025 2024 DepDsit Account Interest 3,255 5.631 Incnme from charitable activities 2024 Activity Services to the Communlty Services to the Community Services to the Community Room Hire Other ActI1t1es and Service5 Other Income 84,763 25.539 U133 85.552 20,391 1,098 111,335 L07.041 Charitable artivities costs Support costs (see note 61 Dlrect Costs Totals Services to the Community 174,454 7,756 182,210 Support costs Governance costs SeICes to the Communltv 7,756 Net IncomellexpÈnditurÈ) Net incomellexpenditurel is stated after chargingllcreditingl: 2025 2024 Depreciation- owned assets 5,404 9.314 Page 8 continued...
LYPPARD GRANGE COMMUN TY CEN E Ll TED Notes to the Financial Statements- continued for the ear ended 31 March 2025 Trustees. remuneratlon and beneflts There were no trustees, remuneration or other benefit5 for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees. expenses pald for the year ended 31 March 2025 nor for the year ended 31 March 2024. stsff costs 2025 2024 Wages and salarles other penslon costs 118,827 1,749 99,636 1,415 120,576 101,051 The average monthly number of employees during the year was as follows.. 2025 2024 No employees received emoluments in excess of £60,000. io. Comparèlives for the statement of financial acllvltles Unrestrlcted funds Income and endowmants from Donations and legacles 55.988 Charitable activities Services to the Community 107.041 Investment income 5.631 Total 168,660 Expenditure on Charitsble ?ctlvltles Services to the Community 180,013 NET INCOMEI{EXPENDITUREI {11.3531 Re¢(mciliation of funds Total funds brought lorn¥ard 268,357 Total funds eaTried forward 2S7,004 Page 9 continued...
LYPPARD GRANGE COMMUNITY CENTRE L MIT Notes to the Flnancial Statements - continued tor the ear Ended 31 Marrl) 2025 Movement in funds- ¢oDtinued Comparative net movement in funds, included the above are as follows.. Incomlng resources Resources expended Movement in funds Unrestricted funds General fund 168,660 1180,0131 111,3531 TOTAL FUNDS 168,660 1180,0131 111,3531 A current year 12 months and prior year 12 months combined position is as follows., Net movement in funds At 3113125 At 114123 Unrestricted funds General fund Operatlng Fund Property Maintenance 173,551 82,834 11,972 122,9831 150.568 82.834 11.972 268,357 22,9831 245,374 TOTAL FUNDS 268,357 122,9831 245.374 A Current year 12 months and prior year 12 months comblned net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 339,240 1362,2231 122,9831 TOTAL FUNDS 339.240 1362,2231 122,9831 16. Related party dlsclosures There were no related party tran5artions for the year ended 31 March 2025. Page 12
4> LYP ARD GRANGE COMMUNrrY CE TRE LIMITED Detailed Statement of Financial Activities tor the ear ended 31 Mèrch 2025 2025 2024 Income and endowments Donatlons and leqacles Grants 55,990 55,988 Imiestment Income Deposlt Account Interest 3,255 5.631 Charitable activlties Room Hire Other Activltles and Services Other Income 84,763 25,539 1,033 85,552 20.391 1,098 111,335 107,041 Total Incoming resources 170.580 168.660 Expendlture Charltable actlvltles Wages Pensions Rates and water Light and heat Telephone Postage and stationerv Publlclty Fundraising Expense5 Training and Development Cleaning Refuse Collertion Repairs and Maintenance Computer Costs Licence5 and Subscription5 Bank Charges photocopier Costs Car Boot Expenses Toddler Group Expenses Con)munlty Cafe Depreclatlon of tanglble flxed assets 118,827 1,749 2.490 18,330 2,777 353 195 4,222 875 3,232 730 6,574 3,005 737 1,129 1,411 90 1,867 457 99,636 1,415 1,889 20,625 2,737 347 257 6,460 642 13,736 693 7.281 2,886 701 1,062 148 1,368 392 9,314 174.454 172,993 Support Costs Governance costs Insurance Accountancy fees 1,144 6,612 1,285 5,735 7.756 7,020 Total resources expended 182,210 180,013 Net expendlture 111,630) 111,3531 This page does not form part of the statutory financial statements Page 13