*Hippey Charitable CompanyAccounts Monkston Community Centre and Sports Pavilion Limited Forthe year ended 31 March 2025 Prepared by Hippey Accountancy Services Limited *Hippey Contents Report ofthe Management Committee Independent Examiner's Report Statement of Financial Activities statement of Financial Position Notes to the Financial Statements Notes to the Financial Statements- continued.. io Detailed Income and Expenditure CharitableCompanyA¢¢ounts Monkston Cornrnunitycentre and Sport5 Pavilion Limited Page2ofll *Hippey Report ofthe Management Committee Monkston Community Centre and Sports Pavilion Limited For the year ended 31 March 2025 Reference and Administrative Information Charity Name: Monkston Community Centre and Sports Pavilion Limited Charity registration number 1090273 CharityAddress- St Bartholtsmews, Blanchland Cirele, Monkston, Milton Keynes, MKIO 9FJ Management Committee Cosin Bowker~ Resigned 2411012024 Sharon Smith- Resigned 1511012024 Nicola Francis, Grant Gal, Kayleen Gal, Paul Mackie, Lee Reade, Laura Wing- Joined on 1511012024 Saurabh Deshmukh, Sarah Warrington- Joined on 1010312025 Secretary Nicola Francis Acwers of the tharitable company and is governed under its Articles of ￿SocIatIon. In the event of the company beingwound up members are required to contribute an amount not exceeding £10. Recruitment and appointment of new trustees The directors of the company are also charity trustees forthe PLJrposes of charity law and underthe company's Articles are known as members of the Management Committee. Tru5tee5 appointed are deemed to be suitsbly responsible forthe position held. Risk management The trustees have a duty of care to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Approved by order of the board of trustees on 22 January 2026 and signed on its behalf by.. MrLe ade-.C-hair ChaiitableCompanyAccounts mon￿t￿n Comrmuniiycentre and Sports pavilion Limited Page 40f 11 *Hippey Independent Examiner's Report Monkston Community Centre and Sports Pavilion Limited For the year ended 31 March 2025 Respective responsibilities of trustees and examiner The charity's trustees (who are also the directors forthe purposes of company lawl are responsible forthe preparation of the accounts. The charity's trustees considerthat an audit is not required forthis year under section 144 of the Charities Act 2011 I'the Charities Act") and that an independent examination is needed. Having satisfied myself thatthe charity is not subject to audit Ljnder company law and is eligible for independent examination, it is my responsibility to.. examine the accounts undersection 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission lundersection 14515llbl of the Charities Act, and to stste whether any particular matters have come to My attention. Basis of independent examiner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept bythe charity and a compari50n of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account5, and seeking explanations from the trustee5 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whetherthe accounts present a 'true and fair, view and the repon is limited to those matters set out in the statement below. Independentexaminer'sstatement In connection with my examination, no matter has come to my attention (other than that disclosed below).. which gives me reasonable cause to believe that. in any material respect, the requirements to keep accounting records in accordance with section 130 of the Charities Act.. and, to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met., or to which, in my opinion. attention should be drawn in orderto enable a proper understanding of the accounts to be reached. {• ffy Michaela Hippey Hippey Accountancy 5ervice5 13 Swanwick Walk, Broughton, Milton Keyne5, MKIO 9LJ 21 January 2026 Chaiitabl¢companyAr¢ounts Monkston Community Centrèand Sports Pavilion Limited Page 5 of 11 *Hippey Statement of Financial Activities Monkston Community Centre and Sports Pavilion Limited For the year ended 31 March 2025 40TES UNRESTRICTED FUND TOTALFUNDS 2025 TOTALFUNDS 2024 Incomin resources from Trading3Ctivities Donations and grants Investment income enerated funds: 52,428 52,428 44,805 2,500 6,420 6.420 124 124 other Income 150 L50 Total incoming resources 59,122 59,122 47,311 Resources ex Cost of $31es ended 771 771 156 enses Establishment Expenses Staff Costs 34,732 34,732 32,241 7,560 7,560 11,431 Legal and Professional Fees Depreciation Finance Charges General Administration 3,802 3,802 4,181 852 852 1,453 79 79 2,167 49,193 2,167 49,193 4,055 53,361 Total Expenses Totsl Resources expended 49,964 49,964 53,517 Net Income (Expenditure) 9,158 9.158 16,2Q61 CharitableCompanyAicount5 Mon￿t0￿ Community Centreand Sports Pavilion Limited P38* 60f li *Hippey Statement of Financial Position Monkston Community Centre and Sports Pavilion Limited As at 31 March 2025 NOTES TOTAL FUNDS 2025 TOTAL FUNDS 2024 Fixed Assets Tan sbleassets Plant and machineryetc Office equipment Total FixedAsset5 524 144 1.189 1.661 1,712 1.805 Current assets Debtors 1,685 3,587 Cash at bank and in hand 23,898 2,864 Prepayments and ¥t¢ruÈd income Total Current assets 228 25.811 6,452 Creditors: amounts fallin due within one year Trade creditors 846 2,947 Accruals and deferred income 11,510 OthÈr trÈditors 2,300 1,600 Total Creditors.. amountsfalling due within one year 14,655 4.547 Net current assets Iliabilitiesl 11,383 1,905 Total assets less current liabilities 13,096 3.710 Net Assets 1,586 3,710 Charit Funds Unrestricted funds 12.868 3.710 Total Charity Funds 12,868 3,710 Forthe year ending 31 March 2025, the company was entitled to exemption from audit under sections 475 and 477 of the Companies Act 2006. Directors. responsibilities-. No member or member5 eligible to do 50 have dep051ted a notice within the specified time requesting the companyto obtain an audit of its accounts forthe year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the 2006 Companies Actwith respect to accounting records and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Secti(>ns 394 and 395 (duty to prepare individual accounts and applicable accounting frameworkl, and which otherwise comply with the requirements of the Companies Act 2006 relating to it5 accounts, so far as applicable to the company. The accounts are prepared in accordance with the special provisions relating to small companies within Part 15 01 the Companies Act 2006 and in compliance with the provisions relating to small entitie5 Within Section IA of the Financial Reporting Standard FRS 102 (effective l January 20151. These financial statements were4ppro d and authorised for issue bythe Management Committee on the 22nd January 2026 and w.growè on its behalf by: The notes on pages 8 to 9 form an integral partol these accounts Charitable CompanyAccounts Monksion Commullilycentreand SportsPavilion Limited Page7of 11 *Hippey Notes to the Financial Statements Monkston Community Centre and Sports Pavilion Limited For the year ended 31 March 2025 l. Accounting Policies The principal accounting policies adopted, jLJdgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: al Basis of preparation The financial ststements have been prepared in accordance with 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 IFRS 1021 (effective l January 20151- ICharitie5 SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Monkston Community Centre and Sports Pavilion Limited meets the definition of a small entity under FRS 102. A55ets and liabilities are initially recognised at historical cost ortran5action value unless Otherwise stated in the relevant aicounting policy notelsl. bl Incoming resources Voluntary income, received by way of grants, 15 recognigÈd when the grant has been received and is included in full in the Statement ol Financial Activities. Incoming resoLJrces from charitable activities are recognised on the accruals basis when it is probable that the income will be received. cl Resources expended Expenditure is recognised on the accruals basis and on the basis that it is probable that consideration will be received forthe expenditure or atthe point at which the provision is considered to become binding. d} Tangible fixed assets Depreciation is provided at the following annual rates in orderto write off each asset over its estimated useful life. Plant and machinery 25% on cost Istraight linel Computer equipment 33% on cost Istraight linel e} Taxation The Charity is exempt from Corporation Tax on its charitable activities. fj 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 orwhen fund5 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. CharitablèCompanyA¢¢ounts n￿tOn Communitycentre and Sport5 Pavilion Limited Page 8of 11 *Hippey Notes to the Financial Statements- continued.. Monkston Community Centre and Sports Pavilion Limited Forthe year ended 31 March 2025 2025 2024 2. Tradin Activities Income- Regular Users Income- Occasional Users 43,766 33,679 8,012 11.126 Income from Grants 6,420 2.500 IntÈrÈst Income 124 OtherRevenue 150 Retained Deposits Total Incomefrom Trading kntivities 650 59,122 47,311 201S 2024 3. Net Income l {Expenditurel Net Profit ILos51 9,158 16,2061 4. Trustees, Remuneration and Benefits There were no trustees, remuneration or other benefits forthe year ending 31 August 2025. There were no trustees. expenses paid forthe year ending 31 August 2025. 20 2024 5. Debtors: Amounts fallin due within one ear Trade Debtors 2,645 5,530 11,9431 Less Provision for Doubtful Debts 19601 Prepayments 228 Total Debtorsfallingduewithin one year 1,913 3,587 2015 2024 6. Creditors: Amounts fallin due within one ear Trade Creditors 2,947 Accruals 9,500 Deferred Hire Income 2,010 Deposits Received Total Creditors fallingdue within one year 2,300 1,600 14,655 4,547 ChaiitableCompanyAccount5 moD￿t0￿ CommuniÉyCentre and Sp¢rts Pavilion Limited Page 9of 11 *Hippey Detailed Income and Expenditure Monkston Community Centre and Sports Pavilion Limited For the year ended 31 March 2025 NOTES 2025 2024 Income Incorne- Occasional Users 8,012 11,126 Income- Regular Users Income from Grants 43,766 33,679 6,420 2,500 Retained Deposits Total Income 650 58,848 47,305 Cost of Sales Purchases 771 156 Total Cost of Sales 771 156 Gross Profit 58,077 47,149 Other Income Other Revenue 150 Total Other Income 150 Expenses Establishment Ex enses Insurance 585 734 Light, Power, Heating Repair5 & Maintenance Security W3terRates 14,899 18,876 9,107 1,118 838 1,171 1,469 26,898 1,140 23,039 Total Establishment Expenses Staff Costs Salaries 7,560 7,560 11,431 11,431 Totsl Staff Costs Le al and Professional Fee5 Audit &Accountancyfees Lega5 & Professional Expenses Totsl Legal and Profe55ioThal Fees 3,767 4,146 35 3,802 35 4,181 De reciation Depreciation Expense Total Depreciation 852 1,453 1,453 852 Finance Cha e5 Card Processing Fees I Stripe Total FinaThce Charges 79 79 GeneralAdministration Bad debt provision Cleaning 19831 1,554 7,835 9,202 Charitable CDmpanyAccounts Monkston CommunItyCent￿tynd Sports pavilion Limited Pageio of 11 Detalled Incomeand Expendlture *Hippey MOTES 2025 2024 General Expenses IT Software and Consumables 73 42 290 iio Printing &St3tionery Subscriptions Telephone & Internet Total GèneralAdmiThistration 61 li 155 117 2,571 10,002 2.220 13.257 Total Expenses 49,193 53,361 Operating Profit {Lossl 9,034 16,2121 Investments Interest Income 124 Total Investments 124 Profit (Lossl on OrdinaryActivities before Taxation 9,158 16,2061 Net Profit (Loss) forthe Period 9,158 16,2061 Charitable CompaThyAccounts Monkston Communitycentre and Sport5Pavilion Limited Page li ofii