REGISTERED COMPANY NUMBER: 03559906 (England and Wales) REGISTERED CHARITY NUMBER: 1076909
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
FOR
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 May 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
REPORT OF THE TRUSTEES for the year ended 31 May 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Activities
The principal activity of the company in the year under review was the provision of benefits for the inhabitants of Platt Bridge, Wigan and the surrounding area, without distinction of sex, religion or political or other opinions, by association with local authorities, voluntary organisations and local inhabitants. The Charity promotes advancement of education for public benefit, by providing advice and guidance upon questions of housing, social welfare benefits, unemployment, health and related topics, in particular the education and training of young people and adults, to equip them for employment. The Charity also provides facilities for recreation and leisure, thus improving the conditions of life of persons who have need of such facilities. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the organisation should undertake.
ACHIEVEMENTS AND PERFORMANCE
Achievements and Performance
The aim of the Charity has also been to promote any charitable purpose that will benefit the local community, through advancement of education and the provision of social and recreational facilities, for all age groups.
From the introduction of the new Directors and Trustees on 1/1/2023 the need to utilise the centre with additional activities was evident. Due to the hard work, mainly by the new chairperson Sue Hughes, we have managed to attract several new users to the centre. We are now running at almost 95% capacity. Over the past year a Bereavement Hub has been established and is providing a valuable addition to our programme, along with other groups such as Line Dancing & Chair Yoga. We have also formed a Community Choir which has proved popular and is increasing its membership week by week. These new additions are running smoothly for the benefit of the local community alongside our other successful activities.
We are grateful to all the centre users for their financial support during the year.
The trustees recognise that the success of the Community Centre depends on the dedication of the trustees and the help of our many volunteers. Their efforts are greatly appreciated.
FINANCIAL REVIEW
Financial Review
It is the policy of the organisation that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to around three to six month's expenditure. The trustees consider that reserves at this level will ensure that, In the event of a significant drop in funding, they will be able to continue the organisation's current activities while consideration is given to ways which additional funds may be raised. This level of reserves has been maintained throughout the year.
The trustees have assessed the major risks to which the organisation is exposed and are satisfied that systems are in place to mitigate exposure to major risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The organisation is a company limited by guarantee, incorporated on 8 May 1998 and registered as a Charity on 5 August 1999. The company was established under a memorandum of association which established the objectives and powers of the charitable company and is governed under articles of association.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
03559906 (England and Wales)
Page 1
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
REPORT OF THE TRUSTEES for the year ended 31 May 2025
Registered Charity number 1076909
Registered office
Victoria Street Platt Bridge Wigan Lancashire WN2 5AH
Trustees
Ms S Hughes Director Councillor N Rehman Director Councillor E Smethurst Director N Smith Director P J Warrington (appointed 10.6.25)
Company Secretary Ms S Hughes
Independent Examiner
A J Wardle FCA Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ N Smith - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
Independent examiner's report to the trustees of Platt Bridge Community Centre (Wigan) Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts 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
-
the accounts 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.
A J Wardle FCA
The Institute of Chartered Accountants in England and Wales
Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ Date: .............................................
Page 3
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 May 2025
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 14,537 - Other trading activities 2 27,753 - Investment income 3 588 - Total 42,878 - EXPENDITURE ON Raising funds 4 28,720 - Other 436 1 Total 29,156 1 NET INCOME/(EXPENDITURE) 13,722 (1) RECONCILIATION OF FUNDS Total funds brought forward 46,754 5 TOTAL FUNDS CARRIED FORWARD 60,476 4 |
2025 Total funds £ 14,537 27,753 588 42,878 28,720 437 29,157 13,721 46,759 60,480 |
2024 Total funds £ 5,014 24,585 489 |
|---|---|---|
| 30,088 | ||
| 19,753 546 |
||
| 20,299 | ||
| 9,789 36,970 |
||
| 46,759 |
The notes form part of these financial statements
Page 4
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
BALANCE SHEET 31 May 2025
| Unrestricted Restricted fund fund Notes £ £ FIXED ASSETS Tangible assets 8 1,743 4 CURRENT ASSETS Debtors 9 5,220 - Cash at bank and in hand 69,483 - 74,703 - CREDITORS Amounts falling due within one year 10 (15,970) - NET CURRENT ASSETS 58,733 - TOTAL ASSETS LESS CURRENT LIABILITIES 60,476 4 NET ASSETS 60,476 4 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 Total funds £ 1,747 5,220 69,483 74,703 (15,970) 58,733 60,480 60,480 60,476 4 60,480 |
2024 Total funds £ 2,184 2,679 53,364 56,043 (11,468) 44,575 46,759 46,759 46,754 5 46,759 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view 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 Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
BALANCE SHEET - continued 31 May 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. N Smith - Trustee
The notes form part of these financial statements
Page 6
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 May 2025
1. ACCOUNTING POLICIES
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 (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance Fixtures and fittings - 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified 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 notes to the financial statements.
2. OTHER TRADING ACTIVITIES
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trading activities | 27,753 | 24,585 |
continued...
Page 7
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2025
3. INVESTMENT INCOME
| Deposit account interest 4. RAISING FUNDS Raising donations and legacies Support costs 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2025 £ 588 2025 £ 28,720 2025 £ 437 |
2024 £ 489 2024 £ 19,753 |
|---|---|---|
| 2024 £ 546 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2025 nor for the year ended 31 May 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,014 - Other trading activities 24,585 - Investment income 489 - Total 30,088 - EXPENDITURE ON Raising funds 19,753 - Other 544 2 Total 20,297 2 NET INCOME/(EXPENDITURE) 9,791 (2) |
Total funds £ 5,014 24,585 489 |
|---|---|
| 30,088 | |
| 19,753 546 |
|
| 20,299 | |
| 9,789 |
continued...
Page 8
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2025
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund fund £ £ RECONCILIATION OF FUNDS Total funds brought forward 36,963 7 TOTAL FUNDS CARRIED FORWARD 46,754 5 8. TANGIBLE FIXED ASSETS Improvements Fixtures to and property fittings £ £ COST At 1 June 2024 and 31 May 2025 25,072 24,116 DEPRECIATION At 1 June 2024 24,763 22,241 Charge for year 62 375 At 31 May 2025 24,825 22,616 NET BOOK VALUE At 31 May 2025 247 1,500 At 31 May 2024 309 1,875 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Trade debtors 4,725 Prepayments 495 5,220 |
Total funds £ 36,970 46,759 Totals £ 49,188 47,004 437 47,441 1,747 2,184 2024 £ 2,206 473 2,679 |
Total funds £ 36,970 |
|---|---|---|
| 46,759 | ||
continued...
Page 9
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2025
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Accrued expenses | 5,664 | 1,110 | ||
| Deferred grants | 10,306 | 10,358 | ||
| 15,970 | 11,468 | |||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.6.24 | in funds | 31.5.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 46,754 | 13,722 | 60,476 | |
| Restricted funds | ||||
| Charitable activities | 5 | (1) | 4 | |
| TOTAL FUNDS | 46,759 | 13,721 | 60,480 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 42,878 | (29,156) | 13,722 | |
| Restricted funds | ||||
| Charitable activities | - | (1) | (1) | |
| TOTAL FUNDS | 42,878 | (29,157) | 13,721 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.6.23 | in funds | 31.5.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 36,963 | 9,791 | 46,754 | |
| Restricted funds | ||||
| Charitable activities | 7 | (2) | 5 | |
| TOTAL FUNDS | 36,970 | 9,789 | 46,759 |
continued...
Page 10
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2025
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 30,088 | (20,297) | 9,791 |
| Restricted funds | |||
| Charitable activities | - | (2) | (2) |
| TOTAL FUNDS | 30,088 | (20,299) | 9,789 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.6.23 | in funds | 31.5.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 36,963 | 23,513 | 60,476 | |
| Restricted funds | ||||
| Charitable activities | 7 | (3) | 4 | |
| TOTAL FUNDS | 36,970 | 23,510 | 60,480 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 72,966 | (49,453) | 23,513 |
| Restricted funds | |||
| Charitable activities | - | (3) | (3) |
| TOTAL FUNDS | 72,966 | (49,456) | 23,510 |
continued...
Page 11
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2025
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2025.
Page 12
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 May 2025
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 May 2025 |
||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 1,225 | - |
| Grants | 13,312 | 5,014 |
| 14,537 | 5,014 | |
| Other trading activities | ||
| Trading activities | 27,753 | 24,585 |
| Investment income | ||
| Deposit account interest | 588 | 489 |
| Total incoming resources | 42,878 | 30,088 |
| EXPENDITURE | ||
| Other | ||
| Improvements to property | 62 | 77 |
| Fixtures and fittings | 375 | 469 |
| 437 | 546 | |
| Support costs | ||
| Management | ||
| Rates and water | 454 | 618 |
| Insurance | 720 | 698 |
| Light and heat | 3,644 | 8,103 |
| Telephone | 810 | 810 |
| Repairs and renewals | 15,792 | 4,235 |
| Sundries | 1,133 | 909 |
| Cleaning costs | 3,586 | 3,117 |
| Refreshments | 128 | 543 |
| Storage space | - | 720 |
| Activity costs | 925 | - |
| Security costs | 1,528 | - |
| 28,720 | 19,753 | |
| Total resources expended | 29,157 | 20,299 |
| Net income | 13,721 | 9,789 |
This page does not form part of the statutory financial statements
Page 13