St Mary's Eltham Community Centres
Association
Annual Report and Accounts 2024/25
(For the year ended 31 March 2025)
Registered Charity No. 1077280
Company Registration No. 03796671
Registered Office:
St Mary's 180 Eltham High Street, Eltham, London, SE9 1BJ

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
Contents
Trustees Report
Page 3
Public Benefit
Page 4
Governance
Page 5
Our Venues & Board of Trustees
Page 6
Risk Management
Page 7
Statement of Trustees Responsibilities Page 8
Independent Examiners Report
Page 9
Financial Statements
Page 10 - 20
2

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
Board of Trustees' 2024/25 report
The Board is pleased to report increased revenue from both affiliated and
private bookings, despite increased costs in many areas. The financial year
ended with 37 Affiliated Groups and 58 regular private hire groups.
The annual open day, held in September 2024, was officially opened by the
Mayor of the Royal Borough of Greenwich. The event featured a Macmillan
Coffee morning which raised £188.33. Groups who attended included Eltham
Royal Trefoil Guild, Eltham Knitters, The Priory Players, Progress Mutual
Aid, U3A and Eltham Art Group. St Mary's hosted Saturday morning bookings
at the same time which helped to create a lively welcoming atmosphere for
this event.
Staffing in the Office changed to include a new Administrative Assistant and
a new Deputy Centre Director. We would like to make special mention of our
Finance Officer, Amanda Ball, who has been with us for 18 years, as of
August 2025. During this transitional period her knowledge and dedication
has been extremely beneficial to us all. We also hired a new member of staff
for our Hall Assistant team in December 2024.
Board membership was enhanced by the appointment of the co-opted
member, Shivani McCormack.
Enhancements to the buildings have also been undertaken; with partial
clearance
of the basement at St Mary's, professional cleaning of the
carpeting (also at St Mary's) and the partial refurbishment of the kitchen at
Progress Hall. The Association also started running free music events from
January 2025 at St Mary's. These events have been well attended and will
continue in the new financial year, with support from the Ward Fund.
Future Outlook for the Financial Year 2025/26
The cost of employing staff at the Association is due to increase, in part
because of changes to the London Living Wage and to employer National
Insurance contributions. Office infrastructure costs are also expected to
increase with investment to support the digital switch over from analogue
phone lines to digital technology. We forecast an increase to most, if not all,
costs to the Association and, in light of this, with reluctance,
the Board
implemented a 5% price increase from 01 April 2025. Affiliated hire charges
remain extremely low, despite the increase, and the Association
remains
committed to providing low cost options for local community groups.
Our Chair, Bob Treacher, due to step down at the AGM after 6 years as Chair
was unanimously voted to stay in post by the Board on 28 April 2025. To
facilitate this decision the Articles of Association will need to be updated by
3

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
resolution and will require at least 75% of the members to vote in favour of
the change. The 2024/25 AGM will be held at 4pm on Tuesday 14 October
2025.
Public benefit
All our activities are undertaken to further our charitable purposes for the
public benefit.
The Board has regard to the Charity Commission's guidance
on public benefit throughout the year when approving St Mary's activities.
Our mission is to encourage community cohesion by helping to develop
groups and activities which are open to all our community; providing
affordable and welcoming venues; supporting and working with other local
partners in order to contribute to our vision for Eltham which is a community
that feels connected, is culturally vibrant and inclusive.
St Mary's works towards achieving this mission as follows:
a) building community involvement / cohesion by:
• supporting existing groups and encouraging new groups which
engage local people in educational, leisure, health and social
welfare activities
• hosting family events - wedding receptions, parties and life
celebrations
• hiring venues to local businesses, voluntary and public sector
for meetings/ training
• Supporting local democracy by providing accommodation for
MP and Councillor surgeries, community consultations and
polling stations for elections
• providing community signposting, advice and literature
b) working with local agencies to enhance the quality of life for
Eltham
residents.
These
include the Eltham Town Centre
Partnership,
NHS Greenwich, Active for Health and The
Federation of Greenwich Community Centres
C)
managing and having responsibility for internal maintenance
and decoration, furnishing and security of five buildings under
Tenancy at Will Agreements with the Royal Borough of Greenwich
d) contributing
I to local
emergency recovery services by
providing our buildings as emergency centres.
4

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
Governance
St Mary's Eltham Community Centres Association is a registered charity and
a company limited by guarantee.
Registered charity number:
1077280
Registered company number:
03796671
Registered office: St Mary's Community Centre, 180 Eltham High Street,
Eltham, London SE9 1BJ
Accountants: Michael Adamson & Co., 9 Thorndon Park Close, Leigh on
Sea, Essex SS9 4RH
Our bankers:
Unity Trust Bank
Four Brindleyplace
Birmingham
B1 2JB
Aldermore Bank
Apex Plaza
Forbury Road
Reading
RG1 1AX
Cambridge & Counties Bank Limited
Charnwood Court
5b New Walk
Leicestershire
LE1 6TE
United Trust Bank
One Ropemaker Street
London
EC2Y 9AW
Redwood Bank
Suite 101 The Nexus Building
Broadway
Letchworth Garden City
Hertfordshire
SG6 3TA
The purpose of St Mary's is set out in our Articles as follows:
(a) To promote for the benefit of the people of the area without distinction of
sex, sexual orientation, race, age, disability or of political, religious or other
opinions, by associating
together those people,
local authorities,
voluntary and other organisations in a common effort to advance education,
citizenship, community development and social cohesion and to provide
facilities for recreation, leisure and community activity with the objective of
improving the conditions of life for those people.
5

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
(b) To establish, or secure the establishment of, community centres and to
maintain and manage these whether alone or in co-operation with any local
authorities or other persons or bodies in furtherance of these objectives.
Our venues
St Mary's Community Centre, 180 Eltham High Street, Eltham SE9 1BJ
Anstridge Hall, Anstridge Road, Eltham SE9 2LL
Flintmill Hall, Flintmill Crescent, Kidbrooke SE3 8LU
Lionel Road Hall, 540 Westhorne Avenue, Eltham SE9 6DH
Progress Hall, Admiral Seymour Road, Eltham SE9 1SL
Board of Directors
Under St Mary's Articles, which govern the relationship between the Board of
Directors and members, and subject to certain matters which are reserved to
members
who attend
the Annual General Meeting (AGM), the St Mary's
Board holds all the charity's powers and authorities.
Board of Directors/Trustees 2024/25
Mr Bob Treacher, Chair, Affiliated Group member
Mrs Marian McGuigan, Vice Chair, Affiliated Group member
Mrs Milena Mitova, Treasurer, Independent member
Ms Julia Gale, Independent member
Mrs Bee Twidale, Affiliated member
Mr Timothy Crossley, Affiliated Member
Ms Brenda Lobo, Affiliated Member
Mrs Shivani McCormack, Independent member
Patron: Mrs Judy Smith MBE
6

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
Risk management
The Trustees actively review the major risks which St Mary's faces on a
regular basis and believe maintaining reserves at current levels, combined
with an annual review of the controls over key financial systems, will provide
sufficient resources in the event of adverse conditions.
The Trustees are satisfied adequate Health and Safety and Risk Management
policies
and procedures, Employers and Public Liability Insurance are in
place.
The Trustees have also examined other operational and business risks faced
by the charity and it can be confirmed there are established systems in place
to mitigate any significant risk.
Independent examiners
A resolution
proposing Michael Adamson and Co. to be re-appointed as
independent examiners of the charity for the year 2024/25 was put to the
membership at the 2023/24 Annual General Meeting and unanimously
agreed.
Small company special provisions
The report of the Board of Trustees has been prepared in accordance with
the Charities SORP (FRS 102) and with the Charities Act 2011.
Financial Review
St Mary's activity for the year 2024/25 ended with a profit of £17,178. This is
due in the main to
unspent grant funding received from the Greenwich
Neighbourhood Growth Fund for the front doors at Progress Hall.
St Mary's Reserves are detailed on p17 and stood at £375,537. at the year
end. We have a Reserves Policy subject to regular review and maintain funds
for the provision of sick pay, building maintenance, designated funds and for
the loss of grant income and funding of projects
not possible from income
generated. We also make provision for a staff redundancy fund in the event
of unforeseen detrimental loss of income.
The Trustees have every confidence in the reported accounts for 2024/25.
7

St Mary's Eltham Community Centres Association
Registered Office: 180 Eltham High Street, Eltham, London, SE9 1BJ
Approval
This report was approved by the Board of Trustees and signed on its behalf
on l scotembe
2025.
Pa Lead, do rather mai.
luege Marian McGuigan, Vice Chair
Statement of Trustees' responsibilities
The Trustees are required by law to prepare financial statements for each
year which give a true and fair view of the financial activities of St Mary's
and its financial position at the end of the year.
In preparing those financial statements the Trustees are required to:
1. Select suitable accounting policies and apply them consistently;
Make judgements and estimates that are reasonable and prudent;
3. State whether policies adopted are in accordance with the Charities Act
2011 and with applicable accounting standards and statements of
recommended practice, subject to any material departures disclosed
and explained in the financial statements;
4. Prepare the financial statements on a going concern basis unless it is
inappropriate to assume the charity will continue in operation.
8

Report of the Independent Examiners to the Members
St Mary's Eltham Community Centres Association
We have examined the financial statements on pages 10 to 20 for the year ended 31 March 2025,
which have been prepared under the accounting policies set out on page 14.
Respective responsibilities of the trustees and examiners
The charity's trustees
are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the
Charities Act) and that an independent examination is needed.
It is our responsibility to:
* examine the accounts under section 142 of the Charities Act;
* to follow the procedures laid down in the general Directions given by the
Charity Commission under section 145(5)(b) of the Charities Act; and
* to state whether particular matters have come to our attention.
Basis of independent examiners' report
Our examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit and
consequently we do not express an audit opinion on the view given by the accounts.
Independent examiners' statement
In connection with our examination, no matter has come to our attention:
1. which gives us reasonable cause to believe that in any material respect the requirements
(a) to keep accounting records in accordance with section 130 of the Charities Act; and
(b) to prepare accounts which accord with the accounting records and to comply with the
accounting requirements of the Act, have not been met; or
2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Muchne
Michael Adamson and Co
Chartered Accountants
5 Thorndon Park Close
Leigh on Sea
Essex SS9 4RH
Date: 4/10/2025
Page 9

St Mary's Eltham Community Centres Association
Statement of Financial Activities
for the year ended 31 March 2025
Unrestricted Designated
Note
funds
funds
Income and expenditure
€
Incoming resources
Income from use of facilities and catering
Grants and donations receivable
Investment income
4
2
3
Total incoming resources
-
256,758
12517
269,275
Resources expended
Cost of generating funds
Direct charitable expenditure
5
Governance costs
Total expenditure
-
261,206
750
261,956
:
Net incoming resources for the year
Reconciliation of movement of funds
Net incoming resources before
other recognised gains -
net movement in funds
Transfers
Total funds brought forward
Total funds carried forward
Allocation of assets
Tangible assets
Current assets
Current liabilities
-
7,319
7
7,319
482
155,238
-
163,039
174,301
(11,262)
163,039
(469)
189,074
188,605
4,217
184,388
188,605
The net incoming resources for the year represents the total recognised gains for the period.
None of the charity's activities were aquired or discontinued during the year.
The attached notes form part of the accounts
Restricted
funds
32,042
32,042
22,183
22,183
9,859
9,859
(13)
14,047
23,893
114
23,779
23,893
Total
2025
€
256,758
32,042
12,517
301,317
283,389
750
284,139
17,178
Total
2024
230,038
17,500
12,532
260,070
251,042
750
251,792
8.278
17,178
358,359
375,537
4,331
382,468
(11,262)
375,537
8,278
350,081
358.359
4,813
362,668
(9,122)
358,359
Page 10

St Mary's Eltham Community Centres Association
Comparative Statement of financial activities
for the year ended 31 March 2024
Note
Unrestricted Designated
funds
funds
Restricted
funds
Income and expenditure
Incoming resources
Income from use of facilities and catering
Grants and donations receivable
Investment income
Total incoming resources
Resources expended
Cost of generating funds
Direct charitable expenditure
Governance costs
Total expenditure
4
2
5
6_
Net incoming resources for the year
Statement of other recognised gains and losses
Net incoming resources before
other recognised gains -
net movement in funds
Transfers
Total funds brought forward
Total funds carried forward
7
Allocation of assets
Tangible assets
Current assets
Current liabilities
230,038
-
12,532
242,570
-
17,500
17,500
233,528
750
234,278
8,292
17,514
17,514
(14)
8,292
520
146,426
155,238
-
(520)
189,594
189,074
(14)
14,061
14,047
127
13,920
14,047
164,360
(9,122)
155,238
4,686
184,388
189,074
The net incoming resources for the year represents the total recognised gains for the period.
None of the charity's activities were aquired or discontinued during the year.
The attached notes form part of the accounts
Total
2024
€
230,038
17,500
12,532
260,070
251,042
750
251,792
8,278
8,278
-
350,081
358,359
4,813
362,668
(9,122)
358,359
Page 11

St Mary's Eltham Community Centres Association
Balance Sheet
as at 31 March 2025
Fixed assets
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due
within one year
Net current assets
Net assets
Reserves
Accumulated fund
Notes
9
10
2025
€
4,331
2024
4,813
11
12,434
370,034
382,468
(11,262)
9,226
353,442
362,668
(9,122)
371,206
375,537
353,546
358,359
12
375,537
375,537
358,359
358,359
The board of trustees are satisfied that the company is entitled to exemption from the requirement
to obtain an audit under section 477 of the Companies Act 2006 and that members have not
required the company to obtain an audit in accordance with section 476 of the Act.
The board of trustees acknowledge their responsibilities for complying with the requirements of the
Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies
Act 2006 applicable to companies subject to the small companies regime.
Approved by the board of trustees on
and signed on their behalf
1 scetember 2025
Mrs M Mitova
Posinas
The attached notes form part of the accounts
Page 12

St Mary's Eltham Community Centres Association
Cash Flow Statement
for the year ended 31 March 2025
Net cash generated from operating activities
Cash flows from investing activities
Interest received
Purchase of fixed assets
Change in cash and cash equivalents in the period
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
Consisting of:
Cash at bank and in hand
Notes
13
3
Total funds
2025
€
4,075
12,517
16,592
353,442
370,034
Total funds
2024.
(3,850)
12,532
8,682
344,760
353,442
370,034
353,442
The attached notes form part of the accounts
Page 13

St Mary's Eltham Community Centres Association
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation of accounts
The financial statements have been prepared under the historical cost convention, and are in
accordance with the Statement of Recommended Practice: Accounting and Reporting by
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 and with the
Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
Fund Accounting
- Unresticted funds are available for use at the discretion of the trustees in furtherance of
the general objectives of the charity
- Restricted funds are subjected to restrictions on their expenditure imposed by the donor
- Designated funds are unrestricted funds held in contingency
Incoming resources
Voluntary income and donations are included in incoming resources when they are receivable,
except when the donors specify that they must be used in future accouning periods or donors
conditions have not been fulfilled, then income is deferred. The income from fees is recorded
gross.
Grants receivable
Grants receivable are recorded on the accruals basis
Resources expended
Resources expended are included in the Statement of Financial Activities on an accruals
basis, inclusive of any VAT which cannot be recovered.
Expenditure which is directly attributable to specific activities have been included in these cost
categories. Where costs are
attributable to more than one activity, they have been
apportioned across the cost categories on a basis consistent with the use of these resources.
Depreciation
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided on all fixed assets at rates calculated to write off the cost over their
useful economic lives as follow:
Furniture and equipment
10% reducing balance
Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory
requirements of the charity and include the independent examiner's fees and costs linked to
the strategic management of the charity.
Value added tax
Value added tax is not recoverable by the charity, and as such is included in the relevant cost
in the Statement of Financial Activities.
The company operates a defined benefit contribution scheme operated by the Royal Borough
of Greenwich. Under FRS 102, as this is a multi-employer scheme and it is not possible to
identify the share of the underlying assets and liabilities belonging to the charity, the scheme is
treated
as a defined contribution pension scheme for the purposes of the accounts.
Contributions are charged to the profit and loss account as they become payable in
accordance with the rules of the scheme.
Page 14

St Mary's Eltham Community Centres Association
Notes to the Accounts
for the year ended 31 March 2025
Financial instruments
Basic financial assets and liabilities are initially recognised as the amount receivable or
payable including any related transaction costs and subsequently under the effective interest
method. There are no non-basic financial instruments.
2 Grants receivable and donations
General (page 19)
Restricted
funds
€
32,042
32,042
3 Investment income
Restricted
funds
General (page 19)
-
4 Other incoming resources
Restricted
funds
€
General (page 19)
Media Resources (page 20)
5 Direct charitable expenditure
General (page 19)
Media Resources (page 20)
Restricted
funds
€
22,170
13
22,183
6
Governance costs
General (page 19)
Restricted
funds
€
-
Unrestricted
funds
Unrestricted
funds
12,517
12,517
Unrestricted
funds
€
256,758
256,758
Unrestricted
funds
261,206
261,206
Unrestricted
funds
750
750
2025
32.042
32,042
2025
12,517
12,517
2025
€
256,758
256,758
2025
283,376
13
283,389
2025
750
750
2024
17,500
17,500
2024
12,532
12,532
2024
230,038
230,038
2024
€
251,028
14
251,042
2024
750
750
Page 15

St Mary's Eltham Community Centres Association
Notes to the Accounts
for the year ended 31 March 2025
7 Net movement in funds for the year
2025
2024
€
The net movement is after charging:
Depreciation of tangible fixed assets
Independent Examiner's fee
482
750
Staff costs
No remuneration was paid to trustees. The staff costs of the remaining staff were:
534
750
2025
2024
Wages and salaries
Social security costs
Pension costs
187,187
8,710
32,444
228,341
The average weekly number of staff employed, calculated as full time equivalents during
the year was as follows:
177,682
7,471
29,969
215,122
Direct charitable work
Governance
2025
FTE
7
-
2024
FTE
No employee received remuneration over £60,000 in the year.
Remuneration to key management personnel in the year amounted to £48,838 (including
employer pension contributions of £5,329) (2024 : £68,813 (including employer pension
contributions of £9,798)).
9
Tangible fixed assets
Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2024
At 31 March 2025
Furniture and
equipment
General
€
42,013
42,013
Furniture and
equipment
Media
Resources
€
7,922
7,922
37,327
469
37,796
4,686
4,217
7,795
13
7,808
127
114
Total
€
49,935
49,935
45,122
482
45,604
4,813
4,331
Page 16

St Mary's Eltham Community Centres Association
Notes to the Accounts
for the year ended 31 March 2025
10 Debtors
2025
2024
Trade debtors
12,434
9,226
11 Creditors : amounts falling due within one year
Trade creditors
Other taxes and social security costs
Accruals
2025
4,357
3,255
3,650
11,262
2024
1,675
3,109
4,338
9,122
12 Accumulated fund
2025
At 1 April 2024
Retained surplus
At 31 March 2025
€
358,359
17,178
375,537
2024
€
350,081
8,278
358,359
St. Mary's meets statutory obligations to hold minimum reserves to cover 3 months running
costs in the event of winding down the Association.
Accumulated fund 2024/25
Statutory reserves
Long Term Sickness Fund
Development fund
Fixed Assets
Media Resources
Friends of St Mary's
General Reserve - general account balance
Restricted
-
114
23.779
23,893
Designated
174,388
10,000
.....
188,605
Unrestricted
:
-
163,039
163,039
Accumulated fund 2023/24
Restricted
Statutory reserves
Long Term Sickness Fund
Fixed Assets
Media Resources
Friends of St Mary's
General Reserve - general account balance
:
127
13,920
14,047
Designated
174,388
10,000
4,686
Unrestricted
-
-
189,074
155,238
155,238
Page 17

St Mary's Eltham Community Centres Association
Notes to the Accounts
for the year ended 31 March 2025
13 Reconciliation of net movements in funds to net cash flow from operating activities
Net movement in funds
Add back depreciation
Less interest received
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash generated from operating activities
2025
17,178
482
(12,517)
(3,208)
2,140
4,075
2024
€
8,278
534
(12,532)
(5,347)
5,217
(3,850)
Page 18

St Mary's Eltham Community Centres Association
General Income and Expenditure account
for the year ended 31 March 2025
Income from use of facilities and catering
Affiliation fees
Hire fees - affiliated
Hire fees - other
Catering income
Sundry income
Grants
Restricted
Royal Borough of Greenwich
Total grants
Investment income
Interest receivable
Media Resources (page 20)
Total income
EXPENSES
Direct Charitable Expenses
Catering expenses
Wages and salaries
Pension costs
Staff travel
Water Rates
Light and heat
Cleaning
Telephone and fax
Stationery, postage and printing
Sundry expenses
Bad debts
Repairs and maintenance
Depreciation
Insurance
Payroll fees
Advertising
Governance costs
Independent examiners fees
Total expenses
Surplus for year
2025
€
2,170
33,375
215,599
3,795
1,819
256,758
32,042
32,042
12,517
(13)
12,504
301,304
494
195,897
32,444
387
2,509
22,440
8,534
2,562
5,276
948
167
8,006
469
1,668
26
1,549
283,376
750
750
284,126
17,178
2024
2,170
26,596
193,462
5,286
2,524
230,038
17,500
17,500
12,532
(14)
12,518
260,056
1,015
185,153
29,969
1,078
2,414
14,426
3,011
2,297
1,059
410
5,380
520
1,668
583
2,045
251,028
750
750
251,778
8,278
Page 19

St Mary's Eltham Community Centres Association
Media Resources Income and Expenditure account
for the year ended 31 March 2025
2025
€
Income
Direct Charitable Expenses
Depreciation
(Deficit) for year
13
13
(13)
2024
14
14
(14)
Page 20