COMPANY REGISTRATION NUMBER: 3713212 CHARITY REGISTRATION NUMBER: 1074495
St Werburghs Community Association Company Limited by Guarantee Unaudited Financial Statements
31 March 2025
CHARLTON BAKER (BRISTOL) LTD
Chartered Accountants
61 Macrae Road, Ham Green, Bristol BS20 0DD
St Werburghs Community Association
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 11 |
| Statement of financial activities (including income and | |
| expenditure account) | 12 |
| Statement of financial position | 13 |
| Statement of cash flows | 14 |
| Notes to the financial statements | 15 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 28 |
| Notes to the detailed statement of financial activities | 31 |
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
St Werburghs Community Association
Registered charity name St Werburghs Community Association Charity registration number 1074495 Company registration number 3713212 Principal office and registered St Werburghs Community Centre office Horley Road St Werburghs Bristol BS2 9TJ The trustees D A Clough F M Jeddere-Fisher L M Porter Dr G A Bottrill B O Agoro J Thompson RL Dixon C Kendall Muniesa MJF Clarke BSA Hall (Appointed 10 September 2024) CM O'Sullivan (Appointed 20 November 2024) Company secretary MR Ong Independent examiner Paul Cridland FCA 61 Macrae Road, Ham Green, Bristol BS20 0DD
1
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on 12 February 1999 and registered as a charity on 3 March 1999.
The company was established under a Memorandum of Association, which defines the objects and powers of the charitable company and is governed under its Articles of Association. The charitable company is bound by its Memorandum and Articles of Association, which were last amended by special resolution at the Annual General Meeting on 3 December 2019. The trustees form the Board which is the decision-making body. Decisions are delegated to the Centre Director. Appointment and election of Board members are carried out following the rules of the Articles of Association. New trustees may be elected at the Annual General Meeting or co-opted during the year. There shall be no less than three trustees and there is no maximum number. One third of trustees shall retire each year at the Annual General Meeting and can be re-appointed.
The Board meets eight times a year, at approximately 6-week intervals to review the organisation's activities.
Detailed consideration of operation and policy may be carried out by sub-committees, which comprise a mix of Board members, co-optees and staff. The sub-committees submit recommendations to the full board of any decision made at their meetings.
The Centre Director has the overall responsibility for the Centre operations, service development and delivery, tenants, HR, fundraising and buildings' maintenance. The Finance & HR Manager is responsible for ensuring all Financial, HR and GDPR obligations are met. Both report directly to the committee at the -board meetings. The charity also employs two Centre Coordinators, who are responsible for room bookings, administration of some projects, day-to-day operations, facilities and associated Health & & Safety, as well as line-managing evening and weekend Duty Managers.
St Werburghs Community Association also employs:
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Project Facilitators & Coordinators
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Cleaners
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Community Services & Communications Manager (temporary 2-year post began in January 2024)
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Events Manager (temporary post for Picnic in the Park)
We hold principles of Equality, Diversity and Inclusion (EDI) highly within the organisation, and our trustees provide an essential critical lens to interrogate the operations of the organisation to ensure these principles are upheld. Diversity is part of our DNA as we don't serve one and only target group and all our services are designed with inclusion and accessibility in mind. As a membership organisation and a community business we pride ourselves in being one of the most inclusive organisations in Bristol; we continuously review our membership with the aim to increase engagement and support of our communities.
2
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Objectives and activities
A to promote the benefit of the inhabitants of Bristol City without distinction of sex, sexual orientation, age, disability, nationality, race or of political, religious or other opinions, by associating together the said inhabitants and the statutory authorities, voluntary and other organisations in a common effort to advance education and good race relations by eliminating discrimination and encouraging equality of opportunity between persons of different groups, and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants;
B to establish, or secure the establishment of, a Community Centre and to maintain and manage the same (whether alone or in co-operation with any statutory authority or other person or body) in furtherance of the Objects.
The Charity shall be non-party in politics and non-sectarian in religion. The area of benefit shall be Bristol City and the neighbourhood together defined by Bristol City Council boundaries.
The trustees have had regard to the advice contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning its future activities.
The charity continues to meet its objectives by providing space and facilities to a wide range of individuals, community groups and voluntary organisations. St Werburghs Community Centre is a bustling, accessible community hub with a range of facilities and resources providing meeting spaces, community notice boards, and free public access computers.
The Centre caters for a wide range of activities suitable for all ages and abilities, including various fitness classes, courses, workshops, support groups, training and advice sessions. Cultural groups, weddings, markets, fundraising, parties, faith groups and celebrations keep the Centre busy at weekends.
There are five tenants who are working within the local communities, to include supporting carers and parents of children with disabilities, a foster care agency, mental health support practitioners and herbalists who support refugees and asylum seekers.
The charity has expanded and developed the use of the Centre in line with its vision and principles. The vision of St Werburghs Community Association is to improve the quality of life of residents living in Ashley, Easton, Lawrence Hill and communities of interest citywide. SWCA aims to enable them to achieve their economic, social and educational goals, and help form a strong, prosperous and caring local community.
The key principles of engagement, accessibility, inclusivity, equality of opportunity, diversity and affordability drive all our activities. SWCA recognises the values of being community-led and community-focused, providing accessible facilities and activities and contributing to environmental sustainability.
St Werburghs Community Association uses a range of tools and methods to monitor its impact and effectiveness, as well as a bespoke impact assessment toolkit based on the New Economic Foundation's report Five Ways to Wellbeing. It enables us to develop an evidence-based impact assessment showing that we are achieving our core aims and that our presence and services are making a difference to the wellbeing of local people. It includes analysis of post code data to evidence that we are serving people living in the most deprived LSOAs.
3
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
The year April 2024 to March 2025 was a year of business remodelling, with changes to the charges' structure and introduction of two-tiered membership system. This was introduced as a result of careful business analysis ensuring operations remain not-for-profit, but an improvement in income is achieved to cover the costs needed to sustain the centre's operational needs.
We continued to receive grant income, including from Bristol City Council in respect of our Community Hub work in Ashley ward and with people from communities of interest. Our most celebrated success was The National Lottery Community Fund 4-year award from 'Reaching Communities' Programme. This core cost grant means we were able to better manage the increased running costs and face the growing demands for our services with a strategic approach, so that we can respond to local needs whilst remaining on a steady course. Having secured this funding, we were able to commit resources to a robust community consultation and work on our 10-Year Strategy, which will underpin our vision for the coming years.
Our Tenants have supported the Centre and many individuals and families in our communities. These included: KHAAS, Amicus Foster Care, Herbalists Without Borders, Dave Chang, Karen Christie Counselling and Earth Talk. Mary-Rose Clarke Counselling has been replaced by Sandy Marwick Counselling from Feb 2025. Neck of the Woods Café closed its doors to the public in May 2024 and we welcomed a new cafe tenant, Coffee Club, in September 2024. Our new hot desking space welcomed regular bookings from Mencap My Community SEND support group, NHS Type 2 Diabetes Clinic and various wellbeing and private clients.
Community use
Between April 2024 and March 2025, we provided space for 369 groups, which is very similar to the 371 groups we hosted in the last financial year, and still showing increase in demand, as our average pre-covid was 333. It is a steady and good situation to be in.
96 (26%) were regular VCSE Member groups who provide essential services, support sessions, physical activity and wellbeing classes for the wide range of communities we serve. This includes our own services, such as foodbank, cooking, gardening and digital inclusion classes. 83 (22%) were one-off and non-member VCSE groups, providing more of the above, but also holding team awaydays, networking events, AGMs and essential training for their staff and volunteers. 98 (27%) were one-off private residents' bookings for stalls at our events, and private celebrations, ranging from birthdays, pre-wedding women-only gatherings to diverse faith and cultural parties. 44 (12%) were by Public Sector contacts include those by NHS Vaccination team, AWP Mental Health teams, various University departments and & BCC. 48 (13%) of bookings are Commercial clients, including those providing essential training for the NHS staff and various VCSE sector organisations, SMEs such as events businesses and sole traders.
Out of the 369 clients we accommodated this year 265 were new contacts / new projects, with only 104 groups remaining the same as in the previous year. This illustrates well the volume of contacts and beneficiaries, and the constant change in footfall we accommodate each year.
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St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Community Use numbers: over 72,500 footfall
Impact : social connections, mental, economic and physical wellbeing, learning new skills, being present/religious services, volunteering opportunities. The demand for our core support services remained high and as always it is a challenge to provide high volume face-to-face signposting provision at Reception seven days a week. Our team work tirelessly to ensure the Centre feels safe, inclusive and welcoming at all times in light of those challenges and treat everyone with empathy and kindness. Having limited government support, we resolved to collaboration, building on the existing assets and creating strong connections with partners. Our Warm Welcome multi-agency advice drop-ins were born providing a solution for our lone-working staff. It provides necessary support for local people who benefit from our 'warm transfers' to agencies such as Citizens Advice or Clean Slate.
It was also necessary to focus on reducing our costs. We were successful in securing capital funds to improve the energy efficiency of our assets and keep reserves at a healthy level. We also invested time and effort into seeking external funds for the necessary capital works, renewals and repairs identified in the Priority Maintenance Report kindly provided by Hookway Surveyors, who are local and have waved their fees.
During the financial year April 2024 - March 2025 the following services and events were delivered:
Open Access Digital Inclusion Hub and Easy PC
One-to-one and group computer support. We extended offering to include monthly Scam Awareness workshops, which are gaining interest. Beneficiaries often ask for support with accessing online services, retrieving login details and arranging online refunds. We also continue to offer unlimited internet access suite open 7 days a week 9am to 9.30pm
Digital Inclusion numbers : 51 one-to-one clients and 121 new public computers' users Impact : digital inclusion, learning new skills, economic and mental wellbeing, social connection, access to information and other services
Grow Your Lunch
A gardening wellbeing group developed from Raking & Baking in January 2025. It welcomes everyone weekly for an outdoor session and nutritious shared hot lunch afterwards. Participants include those with complex needs and disabilities, non-native English speakers and people recovering from addictions.
Cooking & Gardening numbers : 84 total, including 26 Grow Your Lunch subscribers Impact: improved mental and physical wellbeing, social connection, community cohesion, learning new skills, nutrition.
Food Bank
St Werburghs FoodShare project has been remodelled to improve the waiting list management and increase membership. The constant high demand on this service is a testament to its value and quality. We prioritise families with children in local primary schools, predominantly in Ashley ward, but also have families of pupils attending the Hospital Education Services and schools in Easton, and others further afield. The project is delivered by volunteers who carry out a variety of tasks from deliveries, packing bags and sorting donations to administrative tasks such as booking slots and signposting. Donations of £3 are collected to buy cupboard essentials. We work in collaboration with Family Food Action, Feeding Bristol, Fairshare, Community Farm, Hobbs Bakery, Community Kitchen and others who support the project.
Foodbank numbers: average 22 families weekly, equalling total of around 115 people in supported households. Over a year we record over 100 families attending in average, equalling to 500+ beneficiaries. Impact: nutrition, social connection, economic wellbeing and access to information and other services
5
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Activities
Over the year we have increased our offer of free/donation based and affordable activities including those for over 50s (Art Club & Tai Chi), women only, LGBTQ+ and for SEND parents.
Numbers: 350+
Impact: physical and mental wellbeing, social connections, improved access to other services, learning new skills.
Open Events
Our successes this year include the Open Day which we held in collaboration with the Bristol Refugee Festival and our Member Tibetan and Bulgarian groups. Picnic in the Park 2024 was a wonderful success with over 40 stall holders, vibrant performances and a wide range of workshops. We held two Festive Friends Events attended by over 50s who enjoyed the company of dedicated host volunteers and a variety of activities and entertainment on offer. Our Christmas Market was as popular as ever, with a silent disco and live music, and amazing range of local stall holders - a perfect place for local Christmas shopping. The highlight of the year however, was our Green Feast held in March 2025 - a true testament of collaboration and partnership. St Werburghs Primary School's Green Families Group provided a second-hand uniform stall, and activities from Living Streets, UWE Engineering, Bristol Rainforest and We The Curious kept children entertained. A facilitated talk on Community Climate action took place at the Community Table, where people contributed to Future Imagining's Big Draw, focusing on creating safer and healthier local environments resulting in the beginnings of Community Climate Action Plan for Ashley ward. The guest speakers included Carla Denyer, the MP for Bristol Central and Co-leader of the Green Party of England and Wales and Tara Miran, an inclusive engagement consultant, local activist and founder of St Paul's Community Garden.
These events focus on community cohesion and events create meaningful and purposeful opportunities for people to engage in something new - through demonstrations and participatory workshops.
Total Events' numbers: footfall 9,000+
Impact: community cohesion, social wellbeing, improved access to services and activities.
Reception support & signposting services and the Community Table
Our reception support & signposting is open 7 days a week. We have redeveloped our lobby space and created a central large 10-seat table which now hosts a variety of regular support and social groups from Disability to LGBTQ+. The activities are thriving. We host a Cancer support information stall in collaboration with Macmillan Cancer Support, funding support sessions with Voscur and Quartet Community Foundation, Employment support with Seetec Plus, Neighbourhood Police surgeries, and Women in Business socials. The table is also used for Knit and Natter, Mum and Baby get together,
NCT, Bristol U3A and local Vocalise Magazine volunteers' meet ups.
Numbers: 16 groups in total, 10 regular and 6 one-off events. 160+ people have benefitted to
date. Impact : social wellbeing, community cohesion, learning new skills, access to other services
Warm Welcome
Drop-in weekly multiagency response to support needs in our community. Weekly sessions are staffed by advice professionals from Citizens Advice and Clean Slate; Centre for Sustainable Energy, Seetec Plus, NHS Talking Therapies and National Energy Advice regularly offer a range of support for local people who come through cross-signposting within the Centre. Our reception team support people with emailing, printing and signposting to other services, as necessary.
6
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Numbers: 200+
Impact: economic wellbeing, learning new skills, mental wellbeing, access to information and other services
Community Hub
Communications and service development in Ashley Ward at the Community Centre resulting in additional provision to include a monthly Death Cafe and a weekly ReAct class. The Community Services and Communications Manager supported a few local networks including East Bristol, BCC Community Exchange, Community Cohesion and Voscur's Communities of Places. Our local St Werburghs and St Pauls Partners have also benefitted from improved communications and partnership working where reaching out to communities. New ideas bring additional community projects and investment into the delivery, resulting in better community engagement and signposting. We also acted as a Community Connector for CIL funding and contributed to the Community Cohesion resilience work across the city.
New services included:
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Community Table
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Community Climate Action Plan for Ashley
Both continue successfully into 2026.
Financial review
Reserves Policy
At the year-end unrestricted reserves were £222,945.
Of this sum the charity holds three months' worth of general running costs in their deposit account; this money is set aside as a safeguard against any future loss of core funding.
From 2013/14 the management committee agreed to set aside two designated funds. One for the provision of mandatory holiday pay and pension contribution costs which would be accrued during periods of statutory maternity leave, at current salary rates calculated to be a potential cost to the organisation of £18,709, and one for general annual building maintenance costs estimated at £19,125. The maternity costs figure has recently been reviewed, and the general building maintenance costs will be reviewed on a regular basis. During 2019/20 the committee agreed to set aside another designated fund for the provision of major building repairs, calculated as a potential cost to the organisation of £34,457, this too will be reviewed regularly, particularly in light of current major capital works.
7
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Grants and Donations
During the year the charity continued to work hard to deliver and obtain funding for its core services and events:
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The National Lottery Community Fund via 'Reaching Communities' Programme supported us with 4-year core funding for Transforming SWCC into a Modern & Sustainable Hub. The £212,788 grant spread over 4 years provides resources towards core salaries, energy costs, minor building and digital adaptations as well as invaluable investment in staff training and centre accessibility.
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The Nisbet Trust continued their incredible support and committed £30,000 over three years towards our core costs of delivering community services. These benefit the most vulnerable members in our communities via Project Facilitators' costs and the Centre Coordinator's salary, allowing us to focus on family support and activities for over 50s.
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Bristol One City: Community Hubs grant of £25,000 distributed by The Quartet Community Foundation, supports our work as the Community Hub for Ashley ward and Communities of Interest. It directly funds the salary of the Community Services and Communications Manager role and allows us to offer community development support to people who want to take social action in their community, build and develop local networks as well as coordinate activities happening in the area.
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£47,994 capital grant from the Government VCSE Energy Efficiency Scheme distributed via Groundworks UK supported the costs of the new PV array installed on the main Victorian building, as well as full analysis and heating system optimization.
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A new CRF Community Asset Management fund from Bristol City Council supported our Preventative Maintenance Plans, costs involved in overseeing the new Solar PV installation, new Wi-FI infrastructure, resolution of the leaky Annexe roof and new business development: feasibility of the sauna with £21,290.
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John James Bristol Foundation supported the delivery of Raking & Baking and Easy-PC with a total grant of £12,662 which covered project management, facilities, ingredients, volunteering expenses, and necessary kitchen, garden and digital renewals.
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The Quartet Community Foundation also supported core projects via
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£800 Donor Advised Grant for Raking & Baking.
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£5,822 Avon & Somerset Police Commissioner's Crime Prevention Fund for Easy PC
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£4,000 The Wessex Water Foundation Community Fund for Warm Welcome
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We have also received £2,000 from Quartet Community Foundation Express Grant to purchase some of the Cafe assets whilst undergoing tenants change.
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A generous grant of £9,780 from the Morrisons Foundation allowed us to complete the Welcome Hub Redesign Project - creation of the Community Table and redesign of storage to allow Warm Welcome drop-in provision.
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The Places for People supported us with grants totaling £6,000 towards Picnic in the Park 2024 and Easy PC. It was made up of the Community Investment Fund and Small Grants which covered all necessary costs from the Event Manager post to licensing, medical, waste and stage infrastructure. The event was on hold and would not have happened without their support. Again, Easy PC funding came just in time to bridge the gap over three months and supported continuation of this vital service.
8
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
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We've received £2,500 of the £10,000 Bristol City Leap Community Energy fund, which supported the communications around our Energy Efficiency Capital Project, our journey to environmental sustainability and coordination of the successful Green Feast 2025 event.
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Bris BES YTKO Ltd funded our Business Hub for Women with £10,531 supporting core costs including salaries, premises and IT equipment. The project has seen over 60 women taking part in a variety of business support sessions and social events.
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The National Grid Community Matters Fuel Poverty Fund provided us with £4,997 to support the continuation of the weekly multi-agency Warm Welcome drop-ins.
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We received £880 from the Household Support Fund grants via The Feeding Bristol, which supported the continuation of the Food Bank service.
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Our Foodbank also received a generous donation of £594 for a new fridge from Family Food Action who have also organised and paid for regular weekly deliveries of fresh food since.
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The John James Bristol Foundation funded two of our annual Christmas and Summer Festive Friends events for isolated Older People with generous donations of £1,080 and £867 respectively.
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We once more received a generous £500 donation from The Anchor Society towards our Festive Friends Christmas dinner.
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The Society of Merchant Venturers supported our Festive Friends Christmas meal with £250 direct donations.
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They have also contributed another £250 via Cote Charity grant, also supporting the costs of the Christmas Festive Friends event.
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Our Foodbank project was supported by various donations including from Bankuet, an online donations platform which contributed £800, and from a new local restaurant Fisk & Frite who delivered an awareness campaign and supported it with £350.
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Easy PC project received generous individual donations of £450 from an anonymous donor and £172 from Tiny Box web design agency. This allowed us to renew the project laptop and contribute to the running costs.
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Bristol City Council's CIL Community Connector and UKSPF Learning & Co-design Small Grants Fund supported our Community Hub work with a further £1,125
9
St Werburghs Community Association
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Plans for future periods
Our 10-Year Strategy consultation has resulted in new priorities. We strive to make progress against all of them steadily over the next two years.
Our Priorities include:
1 Continue to ensure sustainable Assets and Finance Management diversifying income, particularly via a trading arm set-up.
2 Provide opportunities which foster Community Cohesion, act as a Community Hub and Anchor Organisation for local residents and Communities of Interest.
3 Promote Environmental Sustainability leading by example, sharing our journey and supporting residents and other VCSE organisations.
4 Improve and strengthen our internal Equality, Diversity, Inclusion and Safeguarding processes.
5 Invest in Community Engagement, Collaborations and Partnerships to successfully deliver the other priorities and ensure accountability and trust.
The trustees' annual report and the strategic report were approved on 3 November 2025 and signed on behalf of the board of trustees by:
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[S-]
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Jack Thompson, Chair of St Werburghs Community Association
10
St Werburghs Community Association
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of St Werburghs Community Association
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of St Werburghs Community Association ('the charity') for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Paul Cridland FCA Independent Examiner
61 Macrae Road, Ham Green, Bristol BS20 0DD
6 November 2025
11
St Werburghs Community Association
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and grants | 5 | 11,028 | 200,048 | 211,076 | 143,657 |
| Charitable activities | 6 | 278,823 | 3,735 | 282,558 | 245,291 |
| Investment income | 7 | 1,402 | – | 1,402 | 1,279 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 291,253 | 203,783 | 495,036 | 390,227 | |
| ================================ | ================================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 8,9 | 284,016 | 196,278 | 480,294 | 407,525 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 284,016 | 196,278 | 480,294 | 407,525 | |
| ================================ | ================================ | ================================ | ================================ | ||
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net income/(expenditure) | 7,237 | 7,505 | 14,742 | (17,298) | |
| ================================ | ================================ | ================================ | ================================ | ||
| Transfers between funds | 23,392 | (23,392) | – | – | |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net movement in funds | 30,629 | (15,887) | 14,742 | (17,298) | |
| Reconciliation of funds | |||||
| Total funds brought forward | 192,316 | 729,429 | 921,745 | 939,043 | |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 222,945 | 713,542 | 936,487 | 921,745 | |
| ================================ | ================================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 15 to 26 form part of these financial statements.
12
St Werburghs Community Association
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 14 | 683,971 | 692,728 |
| Current assets | |||
| Stocks | 15 | 473 | 473 |
| Debtors | 16 | 29,675 | 15,291 |
| Cash at bank and in hand | 242,266 | 230,805 | |
| -------------------------------- | -------------------------------- | ||
| 272,414 | 246,569 | ||
| Creditors: amounts falling due within one year | 17 | 19,898 | 17,552 |
| -------------------------------- | -------------------------------- | ||
| Net current assets | 252,516 | 229,017 | |
| -------------------------------- | -------------------------------- | ||
| Total assets less current liabilities | 936,487 | 921,745 | |
| -------------------------------- | -------------------------------- | ||
| Net assets | 936,487 | 921,745 | |
| ================================ | ================================ | ||
| Funds of the charity | |||
| Restricted funds | 713,542 | 729,429 | |
| Unrestricted funds | 222,945 | 192,316 | |
| -------------------------------- | -------------------------------- | ||
| Total charity funds | 19 | 936,487 ================================ |
921,745 ================================ |
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 3 November 2025, and are signed on behalf of the board by: Jack Thompson, Chair[S-]
The notes on pages 15 to 26 form part of these financial statements.
13
St Werburghs Community Association
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income/(expenditure) | 14,742 | (17,298) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 41,178 | 39,427 |
| Dividends, interest and rents from investments | (1,402) | (1,279) |
| Interest payable and similar charges | 837 | 2,207 |
| Accrued expenses | 2,458 | – |
| Changes in: | ||
| Trade and other debtors | (14,384) | 335 |
| Trade and other creditors | (112) | (5,621) |
| ---------------------------- | ---------------------------- | |
| Cash generated from operations | 43,317 | 17,771 |
| Interest paid | (837) | (2,207) |
| ---------------------------- | ---------------------------- | |
| Net cash from operating activities | 42,480 | 15,564 |
| ============================ | ============================ | |
| Cash flows from investing activities | ||
| Dividends, interest and rents from investments | 1,402 | 1,279 |
| Purchase of tangible assets | (32,421) | (2,463) |
| ---------------------------- | ---------------------------- | |
| Net cash used in investing activities | (31,019) | (1,184) |
| ============================ | ============================ | |
| Net increase in cash and cash equivalents | 11,461 | 14,380 |
| Cash and cash equivalents at beginning of year | 230,805 | 216,425 |
| -------------------------------- | -------------------------------- | |
| Cash and cash equivalents at end of year | 242,266 | 230,805 |
| ================================ | ================================ |
The notes on pages 15 to 26 form part of these financial statements.
14
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is St Werburghs Community Centre, Horley Road, St Werburghs, Bristol, BS2 9TJ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. We can confirm that there are no such critical estimates and judgements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
15
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
16
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Long leasehold property - 3% straight line Outside equipment - 25% reducing balance Computer equipment - 25% straight line Cafe equipment - 25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or paable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Limited by guarantee
The organisation is a charitable company limited by guarantee, incorporated on 12 February 1999 and registered as a charity on 3 March 1999.
17
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
5. Donations and grants
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations - Management Fees | 1,750 | 11,531 | 13,281 |
| Donations & Fundraising | 62 | 6,619 | 6,681 |
| Sport England Lottery Fund | – | – | – |
| Event Ticket Sales | 6,696 | 159 | 6,855 |
| National Grid Community Matters Fund - Fuel | |||
| Poverty | – | 4,997 | 4,997 |
| BCC Small Business Sustainable Travel - Grant for | |||
| Bike Shelters | – | – | – |
| BCC Community Asset Management Fund | – | 21,290 | 21,290 |
| BCC Community Connectors CIL Fund | – | 600 | 600 |
| BCC UKSPF | – | 525 | 525 |
| Grants | |||
| The Quartet Community Foundation - - Express | |||
| Fund Small Grant | – | 2,000 | 2,000 |
| The Quartet Community Foundation - The Wessex | |||
| Water Foundation - Warm Welcome | – | 4,000 | 4,000 |
| The Quartet Community Foundation - grants for | |||
| Raking & Baking | – | 800 | 800 |
| The Society of Merchant Venturers | – | 250 | 250 |
| The Quartet Community Foundation - Avon & | |||
| Somerset Crime Prevention Fund | – | 5,822 | 5,822 |
| The Quartet Community Foundation - One City | |||
| Community Hubs | – | 25,000 | 25,000 |
| Bristol City Leap - Community Energy Fund | – | 2,500 | 2,500 |
| The Nisbett Trust | – | 10,000 | 10,000 |
| Feeding Bristol Household Support Fund | – | – | – |
| HSF Round 3 - Feeding Bristol | – | – | – |
| Places for people - Community Investment Fund | – | 5,000 | 5,000 |
| The John James Bristol Foundation | – | 14,609 | 14,609 |
| VCSE - Energy Efficiency Fund | – | 47,994 | 47,994 |
| The St Monica Trust Community Fund | – | – | – |
| Cote Charity (via Merchant Venturers) | – | 250 | 250 |
| The National Lottery Reaching Communities | |||
| Programme | – | 25,822 | 25,822 |
| Morrisons Foundation | – | 9,780 | 9,780 |
| The Anchor Society | – | 500 | 500 |
| Subscriptions | |||
| Members Subscriptions | 2,520 | – | 2,520 |
| ---------------------------- | -------------------------------- | -------------------------------- | |
| 11,028 | 200,048 | 211,076 | |
| ============================ | ================================ | ================================ |
18
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
5. Donations and grants (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations - Management Fees | 207 | 14,329 | 14,536 |
| Donations & Fundraising | 21,348 | 5,833 | 27,181 |
| Sport England Lottery Fund | – | 7,290 | 7,290 |
| Event Ticket Sales | 8,602 | 76 | 8,678 |
| National Grid Community Matters Fund - Fuel | |||
| Poverty | – | 9,997 | 9,997 |
| BCC Small Business Sustainable Travel - Grant for | |||
| Bike Shelters | – | 250 | 250 |
| BCC Community Asset Management Fund | – | – | – |
| BCC Community Connectors CIL Fund | – | – | – |
| BCC UKSPF | – | – | – |
| Grants | |||
| The Quartet Community Foundation - - Express | |||
| Fund Small Grant | – | 5,000 | 5,000 |
| The Quartet Community Foundation - The Wessex | |||
| Water Foundation - Warm Welcome | – | – | – |
| The Quartet Community Foundation - grants for | |||
| Raking & Baking | – | 10,000 | 10,000 |
| The Society of Merchant Venturers | – | – | – |
| The Quartet Community Foundation - Avon & | |||
| Somerset Crime Prevention Fund | – | – | – |
| The Quartet Community Foundation - One City | |||
| Community Hubs | – | 25,000 | 25,000 |
| Bristol City Leap - Community Energy Fund | – | – | – |
| The Nisbett Trust | – | 16,500 | 16,500 |
| Feeding Bristol Household Support Fund | – | 1,000 | 1,000 |
| HSF Round 3 - Feeding Bristol | – | 1,000 | 1,000 |
| Places for people - Community Investment Fund | – | – | – |
| The John James Bristol Foundation | – | 13,565 | 13,565 |
| VCSE - Energy Efficiency Fund | – | – | – |
| The St Monica Trust Community Fund | – | 500 | 500 |
| Cote Charity (via Merchant Venturers) | – | – | – |
| The National Lottery Reaching Communities | |||
| Programme | – | – | – |
| Morrisons Foundation | – | – | – |
| The Anchor Society | – | 500 | 500 |
| Subscriptions | |||
| Members Subscriptions | 2,660 | – | 2,660 |
| ---------------------------- | -------------------------------- | -------------------------------- | |
| 32,817 | 110,840 | 143,657 | |
| ============================ | ================================ | ================================ |
19
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
6. Charitable activities
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Rental income and room hire | 249,952 | – | 249,952 | ||
| Catering income | 18,728 | 614 | 19,342 | ||
| Bar income | 728 | – | 728 | ||
| Office services | 5,535 | – | 5,535 | ||
| Tai Chi class fees | – | 1,175 | 1,175 | ||
| Raking and baking class income | – | 249 | 249 | ||
| Electricity feed in tariff | 2,296 | – | 2,296 | ||
| Sundry income | 1,584 | 1,697 | 3,281 | ||
| -------------------------------- | ----------------------- | -------------------------------- | |||
| 278,823 | 3,735 | 282,558 | |||
| ================================ | ======================= | ================================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Rental income and room hire | 219,535 | – | 219,535 | ||
| Catering income | 13,396 | 406 | 13,802 | ||
| Bar income | 1,045 | – | 1,045 | ||
| Office services | 3,183 | – | 3,183 | ||
| Tai Chi class fees | – | 1,215 | 1,215 | ||
| Raking and baking class income | 9 | 237 | 246 | ||
| Electricity feed in tariff | 3,857 | – | 3,857 | ||
| Sundry income | 2,408 | – | 2,408 | ||
| -------------------------------- | ----------------------- | -------------------------------- | |||
| 243,433 | 1,858 | 245,291 | |||
| ================================ | ======================= | ================================ | |||
| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Income from cash investments | 1,402 | 1,402 | 1,279 | 1,279 | |
| ======================= | ======================= | ======================= | ======================= |
20
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
8. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Operation of the community association | 280,229 | 196,278 | 476,507 | ||
| Support costs | 3,787 | – | 3,787 | ||
| -------------------------------- | -------------------------------- | -------------------------------- | |||
| 284,016 | 196,278 | 480,294 | |||
| ================================ | ================================ | ================================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Operation of the community association | 277,967 | 127,279 | 405,245 | ||
| Support costs | 2,279 | – | 2,280 | ||
| -------------------------------- | -------------------------------- | -------------------------------- | |||
| 280,246 | 127,279 | 407,525 | |||
| ================================ | ================================ | ================================ | |||
| Expenditure on charitable activities by | activity | type | |||
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Operation of the community | |||||
| association | 476,507 | – | 476,507 | 405,245 | |
| Governance costs | – | 3,787 | 3,787 | 2,280 | |
| -------------------------------- | ----------------------- | -------------------------------- | -------------------------------- | ||
| 476,507 | 3,787 | 480,294 | 407,525 | ||
| ================================ | ======================= | ================================ | ================================ |
9. Expenditure on charitable activities by activity type
10. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
| Net income/(expenditure) is stated after charging/(crediting): | |||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Depreciation of tangible fixed assets | 41,178 | 39,427 | |
| ============================ | ============================ | ||
| 11. | Independent examination fees | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fees payable to the independent examiner for: | |||
| Independent examination of the financial statements | 2,406 | 2,010 | |
| ======================= | ======================= |
21
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
12. Staff costs
| The total staff costs and employee benefits for the reporting period are analysed as | The total staff costs and employee benefits for the reporting period are analysed as | follows: |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries | 250,008 | 233,692 |
| Social security costs | 12,882 | 11,167 |
| Employer contributions to pension plans | 13,266 | 12,272 |
| -------------------------------- | -------------------------------- | |
| 276,156 | 257,131 | |
| ================================ | ================================ |
The average head count of employees during the year was 15 (2024: 17). The average number of full-time equivalent employees during the year is analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Number of staff | 15 | 17 |
| ============== | ============== |
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
13. Trustee remuneration and expenses
No remuneration or expenses were paid to trustees.
14. Tangible fixed assets
| Long | Computer | ||||
|---|---|---|---|---|---|
| leasehold | Outside | Office | and café | ||
| property | equipment | equipment | equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| At 1 April 2024 | 1,083,650 | 10,403 | 37,354 | 31,981 | 1,163,388 |
| Additions | 22,471 | – | 9,351 | 599 | 32,421 |
| ----------------------------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ----------------------------------------- | |
| At 31 March 2025 | 1,106,121 | 10,403 | 46,705 | 32,580 | 1,195,809 |
| ========================================= | ============================ | ============================ | ============================ | ========================================= | |
| Depreciation | |||||
| At 1 April 2024 | 396,151 | 8,846 | 34,410 | 31,253 | 470,660 |
| Charge for the year | 36,872 | 389 | 3,411 | 506 | 41,178 |
| ----------------------------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ----------------------------------------- | |
| At 31 March 2025 | 433,023 | 9,235 | 37,821 | 31,759 | 511,838 |
| ========================================= | ============================ | ============================ | ============================ | ========================================= | |
| Carrying amount | |||||
| At 31 March 2025 | 673,098 | 1,168 | 8,884 | 821 | 683,971 |
| ========================================= | ============================ | ============================ | ============================ | ========================================= | |
| At 31 March 2024 | 687,499 | 1,557 | 2,944 | 728 | 692,728 |
| ========================================= | ============================ | ============================ | ============================ | ========================================= |
22
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
15. Stocks
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Raw materials and consumables | 473 | 473 | |
| ============== | ============== | ||
| 16. | Debtors | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade debtors | 19,027 | 13,168 | |
| Prepayments and accrued income | 1,773 | 2,058 | |
| Other debtors | 8,875 | 65 | |
| ---------------------------- | ---------------------------- | ||
| 29,675 | 15,291 | ||
| ============================ | ============================ | ||
| 17. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade creditors | 8,593 | 3,077 | |
| Accruals and deferred income | 4,683 | 2,225 | |
| Social security and other taxes | 4,870 | 4,401 | |
| Other creditors | 1,752 | 7,849 | |
| ---------------------------- | ---------------------------- | ||
| 19,898 | 17,552 | ||
| ============================ | ============================ |
18. Pensions and other post-retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £13,266 (2024: £12,272).
23
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
19. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2024 | Income | Expenditure | Transfers | 25 | |
| £ | £ | £ | £ | £ | |
| Unrestricted - general | |||||
| fund | 120,025 | 291,253 | (284,016) | 23,392 | 150,654 |
| General building fund | 19,125 | – | – | – | 19,125 |
| Major building repairs | 34,457 | – | – | – | 34,457 |
| Maternity leave fund | 18,709 | – | – | – | 18,709 |
| -------------------------------- | -------------------------------- | -------------------------------- | ---------------------------- | -------------------------------- | |
| 192,316 | 291,253 | (284,016) | 23,392 | 222,945 | |
| ================================ | ================================ | ================================ | ============================ | ================================ | |
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 24 | |
| £ | £ | £ | £ | £ | |
| Unrestricted - general | |||||
| fund | 105,269 | 277,529 | (280,246) | 17,473 | 120,025 |
| General building fund | 19,125 | – | – | – | 19,125 |
| Major building repairs | 34,457 | – | – | – | 34,457 |
| Maternity leave fund | 18,709 | – | – | – | 18,709 |
| -------------------------------- | -------------------------------- | -------------------------------- | ---------------------------- | -------------------------------- | |
| 177,560 | 277,529 | (280,246) | 17,473 | 192,316 | |
| ================================ | ================================ | ================================ | ============================ | ================================ | |
| Restricted funds | |||||
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2024 | Income | Expenditure | Transfers | 25 | |
| £ | £ | £ | £ | £ | |
| Restricted capital fund | 678,988 | – | (35,736) | – | 643,252 |
| Raking and Baking | 12,650 | 11,972 | (14,950) | (5,943) | 3,729 |
| Green Events | – | 439 | (21) | – | 418 |
| PTC Resilience Fund | – | – | – | – | – |
| Events Hub | – | – | – | – | – |
| Picnic in the Park | – | 6,755 | (6,356) | (399) | – |
| Business Hub | – | – | – | – | – |
| Festive Friends | – | 3,398 | (3,310) | (88) | – |
| Tai Chi Project | 31 | 2,152 | (1,500) | (683) | – |
| Food Bank | 3,928 | 5,238 | (3,704) | (2,470) | 2,992 |
| Community Fund | 60 | – | – | – | 60 |
| Art Club | 764 | 1,449 | (315) | (1,716) | 182 |
| Sport England | 5,806 | – | (4,640) | – | 1,166 |
| NL Community Fund for | |||||
| Digital Inclusion | 4,179 | 13,927 | (7,827) | (4,608) | 5,671 |
24
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
19. Analysis of charitable funds (continued)
| Warm Spaces | – | 8,998 | (4,009) | (4,000) | 989 |
|---|---|---|---|---|---|
| Cost of Living | |||||
| Community Hubs | 14,623 | 24,197 | (23,684) | (2,252) | 12,884 |
| PfP Resilience | 8,400 | – | (8,400) | – | – |
| BCC Bike Sheltering | – | – | – | – | – |
| City Leap | – | 2,500 | (3,567) | 1,067 | – |
| Energy Efficiency | – | 47,994 | (26,272) | – | 21,722 |
| Asset Man | – | 21,290 | (18,850) | – | 2,440 |
| Lobby remodel | – | 9,780 | (4,869) | – | 4,911 |
| YTKO Business Hub | – | 10,566 | (6,179) | (2,300) | 2,087 |
| Quartet Xpress Asset | – | 2,000 | (500) | – | 1,500 |
| Nisbet | – | 4,706 | – | – | 4,706 |
| TNL | – | 25,822 | (20,989) | – | 4,833 |
| Community Connect | – | 600 | (600) | – | – |
| -------------------------------- | -------------------------------- | -------------------------------- | ---------------------------- | -------------------------------- | |
| 729,429 | 203,783 | (196,278) | (23,392) | 713,542 |
|
| ================================ | ================================ | ================================ | ============================ | ================================ | |
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 24 | |
| £ | £ | £ | £ | £ | |
| Restricted capital fund | 714,725 | – | (35,737) | – | 678,988 |
| Raking and Baking | 4,955 | 27,850 | (14,443) | (5,712) | 12,650 |
| Green Events | 2,955 | 76 | (2,121) | (910) | – |
| PTC Resilience Fund | 5,000 | – | (5,000) | – | – |
| Events Hub | 9,926 | – | (3,961) | (5,965) | – |
| Picnic in the Park | – | 3,548 | (7,717) | 4,169 | – |
| Business Hub | 607 | – | (607) | – | – |
| Festive Friends | 564 | 3,488 | (3,632) | (420) | – |
| Tai Chi Project | 767 | 1,215 | (1,400) | (551) | 31 |
| Food Bank | 1,639 | 5,665 | (2,256) | (1,120) | 3,928 |
| Community Fund | 60 | – | – | – | 60 |
25
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
19. Analysis of charitable funds (continued)
| Art Club | 1,648 | 1,228 | (396) | (1,716) | 764 |
|---|---|---|---|---|---|
| Sport England | – | 7,881 | (2,075) | – | 5,806 |
| NL Community Fund for | |||||
| Digital Inclusion | 18,637 | 16,500 | (26,818) | (4,140) | 4,179 |
| Warm Spaces | – | 9,997 | (9,037) | (960) | – |
| Cost of Living | |||||
| Community Hubs | – | 25,000 | (10,229) | (148) | 14,623 |
| PfP Resilience | – | 10,000 | (1,600) | – | 8,400 |
| BCC Bike Sheltering | – | 250 | (250) | – | – |
| City Leap | – | – | – | – | – |
| Energy Efficiency | – | – | – | – | – |
| Asset Man | – | – | – | – | – |
| Lobby remodel | – | – | – | – | – |
| YTKO Business Hub | – | – | – | – | – |
| Quartet Xpress Asset | – | – | – | – | – |
| Nisbet | – | – | – | – | – |
| TNL | – | – | – | – | – |
| Community Connect | – | – | – | – | – |
| -------------------------------- | -------------------------------- | -------------------------------- | ---------------------------- | -------------------------------- | |
| 761,483 ================================ |
112,698 ================================ |
(127,279) ================================ |
(17,473) ============================ |
729,429 ================================ |
20. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Tangible fixed assets | 11,850 | 672,121 | 683,971 |
| Current assets | 230,993 | 41,421 | 272,414 |
| Creditors less than 1 year | (19,898) | – | (19,898) |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| Net assets | 222,945 | 713,542 | 936,487 |
| ================================ | ================================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | – | 692,728 | 692,728 |
| Current assets | 209,868 | 36,701 | 246,569 |
| Creditors less than 1 year | (17,552) | – | (17,552) |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| Net assets | 192,316 | 729,429 | 921,745 |
| ================================ | ================================ | ================================ |
21. Analysis of changes in net debt
| At | |||||
|---|---|---|---|---|---|
| At | 1 | Apr 2024 | Cash flows | 31 Mar 2025 | |
| £ | £ | £ | |||
| Cash at bank and in hand | 230,805 | 11,461 | 242,266 | ||
| ================================ | ============================ | ================================ |
26
St Werburghs Community Association
Company Limited by Guarantee
Management Information
Year ended 31 March 2025
The following pages do not form part of the financial statements.
27
St Werburghs Community Association
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and grants | ||
| Donations - Management Fees | 13,281 | 14,536 |
| Donations & Fundraising | 6,681 | 27,181 |
| Sport England Lottery Fund | – | 7,290 |
| Event Ticket Sales | 6,855 | 8,678 |
| National Grid Community Matters Fund - Fuel Poverty | 4,997 | 9,997 |
| BCC Small Business Sustainable Travel - Grant for Bike Shelters | – | 250 |
| BCC Community Asset Management Fund | 21,290 | – |
| BCC Community Connectors CIL Fund | 600 | – |
| BCC UKSPF | 525 | – |
| The Quartet Community Foundation - - Express Fund Small Grant | 2,000 | 5,000 |
| The Quartet Community Foundation - The Wessex Water Foundation - | ||
| Warm Welcome | 4,000 | – |
| The Quartet Community Foundation - grants for Raking & Baking | 800 | 10,000 |
| The Society of Merchant Venturers | 250 | – |
| The Quartet Community Foundation - Avon & Somerset Crime | ||
| Prevention Fund | 5,822 | – |
| The Quartet Community Foundation - One City Community Hubs | 25,000 | 25,000 |
| Bristol City Leap - Community Energy Fund | 2,500 | – |
| The Nisbett Trust | 10,000 | 16,500 |
| Feeding Bristol Household Support Fund | – | 1,000 |
| HSF Round 3 - Feeding Bristol | – | 1,000 |
| Places for people - Community Investment Fund | 5,000 | – |
| The John James Bristol Foundation | 14,609 | 13,565 |
| VCSE - Energy Efficiency Fund | 47,994 | – |
| The St Monica Trust Community Fund | – | 500 |
| Cote Charity (via Merchant Venturers) | 250 | – |
| The National Lottery Reaching Communities Programme | 25,822 | – |
| Morrisons Foundation | 9,780 | – |
| The Anchor Society | 500 | 500 |
| Members Subscriptions | 2,520 | 2,660 |
| -------------------------------- | -------------------------------- | |
| 211,076 | 143,657 | |
| -------------------------------- | -------------------------------- |
28
St Werburghs Community Association
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Rental income and room hire | 249,952 | 219,535 |
| Catering income | 19,342 | 13,802 |
| Bar income | 728 | 1,045 |
| Office services | 5,535 | 3,183 |
| Tai Chi class fees | 1,175 | 1,215 |
| Raking and baking class income | 249 | 246 |
| Electricity feed in tariff | 2,296 | 3,857 |
| Sundry income | 3,281 | 2,408 |
| -------------------------------- | -------------------------------- | |
| 282,558 | 245,291 | |
| -------------------------------- | -------------------------------- | |
| Investment income | ||
| Income from cash investments | 1,402 | 1,279 |
| ----------------------- | ----------------------- | |
| -------------------------------- | -------------------------------- | |
| Total income | 495,036 | 390,227 |
| ================================ | ================================ |
29
St Werburghs Community Association
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Purchases | 6,502 | 5,211 |
| Wages and salaries | 250,008 | 233,692 |
| Employer's NIC | 12,882 | 11,167 |
| Pension costs | 13,266 | 12,272 |
| Rates and water | 4,343 | 4,750 |
| Light and heat | 11,438 | 22,308 |
| Repairs and maintenance | 47,309 | 20,102 |
| Insurance | 3,005 | 119 |
| Other motor/travel costs | 675 | 343 |
| Legal and professional fees | 10,471 | 2,508 |
| Telephone | 3,311 | 1,792 |
| Depreciation | 41,178 | 39,427 |
| Other interest payable and similar charges | 837 | 2,207 |
| Cleaning | 15,865 | 14,166 |
| Security | 1,329 | 3,423 |
| Refreshments | 2,075 | 2,026 |
| Print, post and stationery | 1,885 | 3,210 |
| Advertising & promotion | 897 | 1,647 |
| IT maintenance and software development | 15,588 | 9,993 |
| Training | 1,472 | 2,347 |
| Equipment hire | 170 | 386 |
| Sundry expenses | 8,402 | 2,508 |
| Licences and subscriptions | 3,542 | 2,276 |
| Materials for classes | 756 | 1,600 |
| Casual staff | 18,246 | 6,316 |
| Event expenses | 1,250 | 922 |
| Community Business Fund - Capital expenses | – | 606 |
| Food bank consumables | 2,088 | 201 |
| Healthy & Safety | 1,504 | – |
| -------------------------------- | -------------------------------- | |
| 480,294 | 407,525 | |
| -------------------------------- | -------------------------------- | |
| -------------------------------- | -------------------------------- | |
| Total expenditure | 480,294 | 407,525 |
| ================================ | ================================ | |
| -------------------------------- | -------------------------------- | |
| Net income/(expenditure) | 14,742 | (17,298) |
| ================================ | ================================ |
30
St Werburghs Community Association
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Operation of the community association | ||
| Activities undertaken directly | ||
| Bar and catering | 6,502 | 5,211 |
| Staff costs | 250,008 | 233,692 |
| Employer's NIC | 12,882 | 11,167 |
| Pension costs | 13,266 | 12,272 |
| Rates & water | 4,343 | 4,750 |
| Light & heat | 11,438 | 22,308 |
| Repairs & maintenance | 47,309 | 20,102 |
| Insurance | 3,005 | 119 |
| Travelling | 675 | 343 |
| Legal and surveying fees | 6,684 | 228 |
| Telephone | 3,311 | 1,792 |
| Depreciation | 41,178 | 39,427 |
| Bank charges | 837 | 2,207 |
| Cleaning | 15,865 | 14,166 |
| Security | 1,329 | 3,423 |
| Refreshments | 2,075 | 2,026 |
| Print, post and stationery | 1,885 | 3,210 |
| Advertising & promotion | 897 | 1,647 |
| IT maintenance and software development | 15,588 | 9,993 |
| Training | 1,472 | 2,347 |
| Equipment hire | 170 | 386 |
| Sundry expenses | 8,402 | 2,508 |
| Licences and subscriptions | 3,542 | 2,276 |
| Materials for classes | 756 | 1,600 |
| Casual staff | 18,246 | 6,316 |
| Event expenses | 1,250 | 922 |
| Community Business Fund - Capital expenses | – | 606 |
| Food bank consumables | 2,088 | 201 |
| Healthy & Safety | 1,504 | – |
| -------------------------------- | -------------------------------- | |
| 476,507 | 405,245 | |
| -------------------------------- | -------------------------------- | |
| Governance costs | ||
| Governance costs - independent examiners fee | 3,787 | 2,280 |
| ----------------------- | ----------------------- | |
| -------------------------------- | -------------------------------- | |
| Expenditure on charitable activities | 480,294 | 407,525 |
| ================================ | ================================ |
31