Charity number: 1082253
Lydbrook Community Association
Trustees' report and financial statements
for the year ended 31 August 2025
Lydbrook Community Association
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees report | 2 - 4 |
| Independent examiners' report | 5 |
| Statement of financial activities | 6 - 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 13 |
Lydbrook Community Association
Legal and administrative information
| Charity number | 1082253 |
|---|---|
| Business address | Care of: Oversby Accountants |
| Unit 1C, Crucible Close | |
| Coleford | |
| Gloucestershire | |
| GL16 8RE | |
| 01594 860143 | |
| Trustees | Richard Stirling |
| Steve Greenway | |
| Emma Morris | |
| Cherry_Ann Dowling (Hon Secrtary) | |
| Mark Baker | |
| David Thompson | |
| Kevin Oversby (Advisory for Youth) | |
| Ali Mc Guckin | |
| Accountants | Oversby & Company |
| Unit 1C Mushet Business Centre | |
| Crucible Close | |
| Coleford | |
| Gloucestershire | |
| GL16 8RE |
Lydbrook Community Association
Independent examiner's report to the trustees on the unaudited financial statements of Lydbrook Community Association. Trustees’ Annual Report
For the Year Ended 31 August 2025
Chairman’s Report
The highlight of the year has been the recognition of Caroline Young in the King’s Birthday Honours for her service to the Forest of Dean community. Caroline has been delivering wellbeing and benefits advice for more than twenty years and has provided much‑needed support to many local residents.
Caroline is highly regarded by the families she supports and by the agencies who refer clients to her. All are unanimous that this honour is thoroughly well deserved. It is not often that a small charity such as Lydcare receives this level of recognition, which makes the award all the more special.
During the year we have continued to respond to the increasing demand for our services and have maintained our support for the Forest of Dean community.
Demand for our Community Transport service continues to increase as alternative transport options are reduced and public transport timetables are often unsuitable for clients attending medical appointments. Edna Husbands continues to organise and deliver an outstanding service with the support of our excellent team of volunteer drivers. Our drivers have built an excellent reputation for providing an “armchair‑to‑armchair” service.
The English Bicknor Lunch Club continues to operate successfully under the leadership of Joan Maxfield and her loyal team of volunteers. They provide not only a superb lunch but also an important opportunity for social engagement, helping to address loneliness and social isolation within the community.
I would also like to express my sincere thanks to Margaret Shockey and Lynne Greig for their continued work behind the scenes.
The support and commitment of our Trustees make my role as Chairman very straightforward. Their dedication ensures that Lydcare continues to have a strong and sustainable future, and I am extremely grateful for their support throughout the year.
Trustees’ Report
Community Transport
This year has seen a further increase in journeys, rising by 8% compared with the previous year. This reflects the dedication of our volunteer drivers who work hard to meet the growing demand for the service.
Medical journeys continue to increase and now account for approximately 60% of all journeys undertaken. The charity continues to support volunteer drivers with fuel costs through a fuel subsidy payment, helping to ensure the sustainability of the service.
Lydbrook Community Association
Independent examiner's report to the trustees on the unaudited financial statements of Lydbrook Community Association.
Total Journeys
| Year | Oct–Dec | Jan–Mar | Apr–Jun | Jul–Sept | Total |
|---|---|---|---|---|---|
| 2024/25 | 798 | 797 | 855 | 941 | 3,391 |
| 2023/24 | 857 | 760 | 711 | 790 | 3,118 |
| 2022/23 | 645 | 562 | 683 | 581 | 2,471 |
| 2021/22 | 536 | 442 | 564 | 375 | 1,917 |
| 2020/21 | 522 | 356 | 410 | 266 | 1,554 |
| 2019/20 | N/A | N/A | N/A | N/A | N/A |
| 2018/19 | 498 | 339 | 372 | 405 | 1,614 |
| 2017/18 | 406 | 446 | 532 | 343 | 1,727 |
| Total | Miles Travelled | ||||
| Year | Oct–Dec | Jan–Mar | Apr–Jun | Jul–Sept | Total |
| 2024/25 | 23,329 | 24,313 | 25,113 | 26,158 | 98,913 |
| 2023/24 | 24,394 | 20,468 | 20,059 | 28,314 | 93,235 |
| 2022/23 | 20,502 | 16,187 | 20,640 | 18,115 | 75,444 |
| 2021/22 | 18,212 | 14,261 | 18,823 | 12,056 | 63,352 |
| 2020/21 | 14,057 | 10,593 | 10,293 | 9,853 | 44,796 |
| 2019/20 | N/A | N/A | N/A | N/A | N/A |
| 2018/19 | 12,798 | 9,634 | 11,055 | 7,695 | 41,182 |
| 2017/18 | 8,480 | 8,226 | 10,252 | 9,696 | 36,654 |
Wellbeing and Benefits Advice
Demand for this service continues to remain high and consistently exceeds the resources currently available. The service provides vital support to members of the community who require advice and assistance in accessing benefits and other forms of support.
This work plays an important role in improving the wellbeing and financial security of many local residents.
Lydbrook Community Association
Independent examiner's report to the trustees on the unaudited financial statements of Lydbrook Community Association.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland . The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
•
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity. These enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Secretary
Lydbrook Community Association
Independent examiner's report to the trustees on the unaudited financial statements of Lydbrook Community Association.
I report on the accounts of Lydbrook Community Association for the year ended 31 August 2025 set out on pages 2 to 13.
Respective responsibilities of trustees and independent examiner
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under Part 16 of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to:
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examine the accounts under section 145 of the Charities Act 2011;
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follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011; and
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state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Lydbrook Community Association
Independent examiner's report to the trustees on the unaudited financial statements of Lydbrook Community Association.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(i) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act 2011; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011
have not been met; or
(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Independent examiner
Daniel Oversby ACPA Certified Public Accountant Unit 1C, Crucible Close Coleford Gloucestershire GL16 8RE Date: 30 April 2026
Lydbrook Community Association
Statement of financial activities
For the year ended 31 August 2025
| Notes Lydcare funds £ Incoming resources Incoming resources from generating funds: Voluntary income 2 16,100 Activities for generating funds 3 - Other incoming resources 422 Total incoming resources 16,522 Resources expended Benefits Advisor & Befriending 4 12,000 Establishment costs 837 Motor and travelling expenses 2,388 Auditors' remuneration 400 Legal and professional fees 1,240 Other office expenses 4,483 Meals - Sundry Costs 659 Total resources expended 22,007 Total funds brought forward 8,953 Total funds carried forward 3,468 |
Bicknor funds £ 6,751 5 6,756 - 550 - - - - 5,857 60 6,467 5,200 5,489 |
Legacy funds £ 20,000 - 425 20,425 - 1,150 - - 934 - - 60 2,144 19,008 37,289 |
2025 Total £ 2024 Total £ 42,851 35,613 - 6,532 852 4,134 43,703 46,279 12,000 12,000 2,537 6,156 2,388 2,477 400 400 2,174 306 4,483 2,992 5,857 5,772 779 284 30,618 30,387 33,161 17,270 46,246 33,162 |
|---|---|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 10 to 13 form an integral part of these financial statements.
Lydbrook Community Association
Balance sheet as at 31 August 2025
| Notes Fixed assets Tangible assets 5 Current assets Debtors 6 Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets Net assets Funds Restricted income funds: Restricted income funds 8 Pension reserve Total restricted income funds Unrestricted income funds Total funds |
2025 £ £ 1,980 704 44,678 45,382 (1,119) 46,245 46,245 5,489 37,289 42,778 3,468 46,246 |
2024 £ £ 1,980 706 31,592 32,300 (1,119) 32,513 33,161 5,199 19,008 24,207 8,953 33,160 |
2024 £ £ 1,980 706 31,592 32,300 (1,119) 32,513 33,161 5,199 19,008 24,207 8,953 33,160 |
|---|---|---|---|
| 33,161 | |||
| 5,199 19,008 |
|||
| 24,207 | |||
| 8,953 | |||
| 33,160 |
The financial statements were approved by the trustees on and signed on its behalf by
Richard Stirling Trustee
The notes on pages 10 to 13 form an integral part of these financial statements.
Lydbrook Community Association
Notes to financial statements for the year ended 31 August 2025
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the current and preceding year.
1.1 Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102), applicable accounting standards in the United Kingdom, and the Charities (Accounts and Reports) Regulations 2008.
1.2 Cash flow statement
The charity has taken advantage of the exemption from preparing a cash flow statement in accordance with FRS 102, as it qualifies as a small entity.
1.3 Income recognition
All income is recognised when the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
The following specific policies are applied to particular categories of income:
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Voluntary income, including grants, donations and gifts, is recognised in full in the Statement of Financial Activities when receivable.
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Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
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Donated services and facilities are included at their estimated value to the charity where this can be reliably measured. The value of services provided by volunteers is not included.
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Gifts donated for resale are recognised within income from other trading activities when they are sold.
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Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.
1.4 Expenditure
Expenditure is recognised on an accruals basis when a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
1.5 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery – [insert rate, e.g. 20% per annum on a straight-line basis]
Lydbrook Community Association
Notes to financial statements
for the year ended 31 August 2025
2. Voluntary income
| 2. | Voluntary income | ||||
|---|---|---|---|---|---|
| **Unrestricted ** | Endowment | 2025 | 2024 | ||
| funds | funds | Total | Total | ||
| £ | £ | £ | £ | ||
| Donations | 1,974 | 20,000 | 21,974 | 22,178 | |
| Gloucestershire CC | 3,626 | - | 3,626 | 3,366 | |
| FODDC | 10,500 | - | 10,500 | 10,069 | |
| 16,100 | 20,000 | 36,100 | 35,613 | ||
| 3. | Activities for generating funds |
| 2. Voluntary income |
2. Voluntary income |
|
|---|---|---|
| Unrestricted Endowment funds £ funds £ Donations 1,974 20,000 Gloucestershire CC 3,626 - FODDC 10,500 - 16,100 20,000 3. Activities for generating funds |
2025 2024 Total £ Total £ 21,974 22,178 3,626 3,366 10,500 10,069 36,100 35,613 |
|
| Restricted funds £ Lunch Clubs 6,080 Raffles 611 Bank Interest 60 6,751 4. Employees Employment costs Wages and salaries No employee received emoluments of more than £60,000 (2024 : None). |
2025 2024 Total £ Total £ 6,080 5,902 611 609 60 21 6,751 6,532 2025 £ 2024 £ 12,000 12,000 |
|
Number of employees
The term wages refers to the Advisor Caroline Young.
Lydbrook Community Association
Notes to financial statements
for the year ended 31 August 2025
| 5. Tangible fixed assets Plant and machinery £ Cost At 1 September 2024 and At 31 August 2025 10,394 Depreciation At 1 September 2024 and Net book values At 31 August 2025 1,980 At 31 August 2024 1,980 6. Debtors 2025 £ Prepayments and accrued income 706 7. Creditors: amounts falling due within one year 2025 £ Other taxes and social security 1,119 8. Analysis of net assets between funds Fund balances at 31 August 2025 as represented by: Unrestricted Restricted Endowment funds funds funds £ £ £ Current assets 3,468 5,489 37,289 |
Total £ 10,394 1,980 1,980 2024 £ 706 2024 £ 1,119 Total funds £ 46,246 |
|---|---|
Lydbrook Community Association
Notes to financial statements
for the year ended 31 August 2025
| 9. | Unrestricted funds | At | At | ||
|---|---|---|---|---|---|
| 1st September | Incoming | Outgoing | 31st August | ||
| 2024 | resources | resources | 2025 | ||
| £ | £ | £ | £ | ||
| Lydcare Running Funds | 8,953 | 16,522 | (22,007) | 3,468 | |
| 10. | Restricted funds | At | At | ||
| 1st September | Incoming | Outgoing | 31st August | ||
| 2024 | resources | resources | 2025 | ||
| £ | £ | £ | £ | ||
| English Bicknor Restricted Funds | 5,200 | 6,756 | (6,467) | 5,489 |
Lydbrook Community Association
The following pages do not form part of the statutory accounts.
Lydbrook Community Association
Detailed statement of financial activities
For the year ended 31 August 2025
| Incoming resources Incoming resources from generating funds: Voluntary income Donations Gloucestershire CC FODDC Activities for generating funds Lunch Clubs Raffles Bank Interest Total incoming resources from generating funds Other incoming resources Other income Flat Rental Income Total incoming resources Resources expended Costs of generating funds: Activity 1 Well Beining Advisor Hall Hire Activity 1 - Establishment - Rates & water Activity 1 - Establishment - Repairs & maintenance Insurance Mileage Outings & Transport Independent Accountant Professional - Other Administration Costs Telephone Computer/Website Meals Sundry Costs Total cost of generating voluntary income |
£ 2025 £ 21,974 3,626 10,500 36,100 6,080 611 60 6,751 42,851 427 425 852 43,703 12,000 580 - 1,150 807 - 2,388 400 2,174 1,881 1,942 660 5,857 779 30,618 30,618 |
£ 2024 £ 22,178 3,366 10,069 35,613 5,902 609 21 6,532 42,145 309 3,825 4,134 46,279 12,000 580 548 4,244 784 1,019 1,458 400 306 1,630 1,363 - 5,772 284 30,388 30,388 |
£ 2024 £ 22,178 3,366 10,069 35,613 5,902 609 21 6,532 42,145 309 3,825 4,134 46,279 12,000 580 548 4,244 784 1,019 1,458 400 306 1,630 1,363 - 5,772 284 30,388 30,388 |
|---|---|---|---|
| 35,613 | |||
| 5,902 609 21 |
|||
| 6,532 | |||
| 42,145 | |||
| 309 3,825 |
|||
| 4,134 | |||
| 46,279 30,388 |
|||
| 30,388 |
Total cost of generating voluntary income
Lydbrook Community Association
Detailed statement of financial activities
For the year ended 31 August 2025
Fundraising trading: cost of goods sold and other costs Total costs of generating funds 30,618 30,388
Lydbrook Community Association
| Detailed statement of financial activities For the year ended 31 August 2025 Charitable activities Activities undertaken directly Net incoming/(outgoing) resources for the year |
2025 £ 13,085 |
2024 £ - 15,891 |
|---|---|---|