OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Wickham Community Association

2025-01-31-accounts

REGISTERED COMPANY NUMBER: 04329669 (England and Wales) REGISTERED CHARITY NUMBER: 1090544

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Wickham Community Association

Maximus Accountancy Services Limited 47 Kensington Road Chichester West Sussex PO19 7XS

Wickham Community Association

Contents of the Financial Statements for the Year Ended 31 January 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 21

Wickham Community Association

Reference and Administrative Details for the Year Ended 31 January 2025

TRUSTEES Katherine Short Benjamin Warwick Alison Neasom (resigned 10.11.2024) Robert John Barnett Neale Turner Denise Searle (appointed 1.2.2024) Sarah Jane Louise Cook (appointed 5.6.2024) REGISTERED OFFICE Mill Lane Wickham Hampshire PO17 5AL REGISTERED COMPANY 04329669 (England and Wales) NUMBER

REGISTERED CHARITY NUMBER 1090544

INDEPENDENT EXAMINER Maximus Accountancy Services Limited 47 Kensington Road Chichester West Sussex PO19 7XS SOLICITORS Knight Polson 4 Leigh Road Eastleigh SO50 2NE BANKERS Lloyds Bank 43 West Street Fareham PO16 0BE

Page 1

Wickham Community Association (Registered number: 04329669)

Report of the Trustees

for the Year Ended 31 January 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 January 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 aims

Our aims are:

The objectives of the association are:

Wickham Community Association is committed to:

Wickham Community Centre is home to Wickham Community Association and aspires to be the hub of the community for everyone in the Parish of Wickham and surrounding areas.

Page 2

Wickham Community Association (Registered number: 04329669)

Report of the Trustees

for the Year Ended 31 January 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Challenges

This report reflects the operation of the Association in 2024/25 - a year of both consolidation and continued change. The cost-of-living crisis has persisted, the UK and world economies remain uncertain, and millions of households continue to feel under immense pressure managing their budgets.

In 2023/24, trustees and staff focused on consolidating operational gains made in the previous year, delivering an affordable and accessible set of services, and expanding Community Benefit initiatives. In 2024/25, the focus has been on building upon these achievements, introducing new community projects, and further balancing the sometimes competing needs of our varied stakeholder groups, all while adapting to changes within both the trustee and staff teams.

The number and range of activities held at the Centre - including private hire, groups, societies, and Community Benefit programmes - have continued to grow and diversify. This supports the Centre's aim to benefit individuals from Wickham and the wider area without distinction, and it has attracted many new users.

Performance

Centre hire booking remains our key internal source of income and in 2024/25 it increased by 18%, building on the 20% growth achieved the previous year. Both the number and variety of private hire bookings and community events rose notably. The administration team has stabilised following the appointment of the Operations Manager and Administration Assistant in 2023/24, and feedback on customer service remains positive.

Finance

Although booking income has continued to grow strongly, the Centre is unable to survive on this revenue stream alone. During the year under review, the Association secured several funding awards for specific Community Benefit initiatives and successfully gained capital funding for key projects - most notably new front doors, enhancements to the Main Hall, much-needed renovations to the Long Room and the extension and modernisation of our solar power installation. Restricted grants remain vital to enabling the Centre to undertake significant works on the ageing building and to fund otherwise unaffordable community programmes, such as the Pantry, which continues to deliver measurable benefits but relies heavily on external donations and grants.

The funding awards received in 2024/25 were key to achieving an overall surplus in the year. However, the trustees are pleased to note that the Association has returned to break-even before taking into account the effect of depreciation and the loss on disposal of fixed assets. Trustees and staff remain fully committed to maximising grant applications, donations, and other funding opportunities, while continuing to grow internal revenue and exercising close control of operating cost.

Trustees and Management

The Board of Trustees has continued to evolve during 2024/25, with recruitment efforts ongoing to ensure a broad and diverse range of skills and experiences. The nationwide challenge of attracting and retaining volunteers persists, with numbers still not fully recovered since the pandemic. Trustees are committed to ongoing efforts to strengthen both trustee and volunteer numbers.

Kat Short has continued as Chair throughout 2024/25, with Neale Turner serving as Treasurer since November 2023. New trustees Sarah and Denise have joined, ensuring fresh perspectives and experience on the Board. Ben and Bob also remained as trustees.

At the year-end, the Board comprised six trustees. Monthly meetings have continued, alternating between in-person and online formats.

Centre management remains under Kate English, supported by the Operations Manager, Administration Assistant, Pantry Coordinator, and three Caretakers. The staffing team was fully resourced as at 31 January 2025.

Page 3

Wickham Community Association (Registered number: 04329669)

Report of the Trustees

for the Year Ended 31 January 2025

Building Improvements

Building maintenance has remained a priority. Capital funding support has enabled the Association to undertake several major projects this year. The Long Room renovation was completed and continues to be well-used; in the Main Hall, new staging and projection facilities offer our hirers an improved experience; new front doors have upgraded both security and accessibility; and the replacement and extension of our array of solar panels, together with its associated battery storage, will help us to achieve significant energy savings in the future. Other smaller improvements have updated our facilities and enhanced energy efficiency throughout the Centre.

Community Benefit

The Wickham Pantry and Community Fridge have continued to provide crucial support to local people - in 2024/25 the Pantry supported around 65 families each week, funded by a mix of government schemes, food waste reduction organisations, local donors, and individuals. The Warm Room continued through the winter, and Social Suppers expanded, serving free hot meals - including dessert - to adults and children alike. The monthly Lunch Club for the over-55s and Wickham Flicks film screenings have continued to draw regular attendees.

The Community Garden has flourished, with Social Prescribing remaining a valued part of its programme. The Wickham Men's Shed has also grown this year, providing valuable support for various hard landscaping projects and contributing to wider community activities. A new sporting initiative, pickleball, was introduced and has quickly become a very popular activity, attracting participants of all ages and abilities.

Thanks to awards from Winchester City Council, Hampshire County Council, and other funders, a range of events and projects took place in 2024/25, including seasonal celebrations and creative initiatives. The Meon Valley Food Bank, Homestart Hampshire, and the Winchester Citizen's Advice Bureau Wickham Hub have all maintained a strong presence at the Centre.

Volunteers remain vital to delivering many of these initiatives, making recruitment and retention a strategic priority for the year ahead.

Conclusion

The Association continues to deliver an ambitious programme in challenging economic conditions. Priorities for the coming year remain clear: securing funding for capital projects, ensuring operational sustainability, and supporting our people, including volunteers, trustees, and Centre users.

The trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit.

FINANCIAL REVIEW

Financial position

In the year under review the charity made a surplus of £58,197 (2024 £8,244) which increased reserves. The charity now holds reserves of £743,163 (2024 £684,966) which include free reserves (excluding fixed assets used for charitable purposes and restricted funds) of £110,541 (2024 £114,177).

Reserves policy

The Association's reserve policy is to hold sufficient liquid unrestricted reserves to enable it to:

The reserves policy is reviewed annually. For the year 2024-25 it was £70,000 (2024 £70,000); going into 2025-26 it has been increased to £80,000, reflecting the growth in activities within the centre and increasing operation costs.

Page 4

Wickham Community Association (Registered number: 04329669)

Report of the Trustees

for the Year Ended 31 January 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Wickham Community Association is a charitable company limited by guarantee. Its objects, powers and other constitutional matters are set out in its most recent Memorandum and Articles of Association, approved by the members on 17 July 2016,

Its objects are to promote the benefits and improve the conditions of life for the inhabitants of Wickham and district by:

In the attainment of the above objects the charity shall be non-party in politics and non-sectarian in religion.

Recruitment and appointment of new trustees

Governance and management are enhanced when there is a multi-faceted Board of Trustees. There is no declared Board size but the preferred balance is 12 to 15 members. At the end of the financial year there were six members. Increasing trustee numbers remains an absolute priority and will be achieved through a variety of means including reaching out through social media channels. Elections are held annually having regard to the Charity Commission's guidance CC30 "Finding New Trustees". Provision is made for co-option during the year.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 29 October 2025 and signed on its behalf by:

Katherine Short - Trustee

Page 5

Independent Examiner's Report to the Trustees of Wickham Community Association

Independent examiner's report to the trustees of Wickham Community Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. 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

  3. 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.

Hilary Julian BA FCA DChA

Maximus Accountancy Services Limited 47 Kensington Road Chichester West Sussex PO19 7XS

30 October 2025

Page 6

Wickham Community Association

Statement of Financial Activities

(Incorporating an Income and Expenditure Account) for the Year Ended 31 January 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
5,390
Charitable activities
Room hire, clubs and related income
181,636
Other income from charitable activities
11,787
Community pantry
19,183
Other trading activities
3
15,315
Investment income
4
1,143
Total
234,454
EXPENDITURE ON
Raising funds
5,208
Charitable activities
Room hire, clubs and related income
3,778
Administration costs
135,328
Establishment costs
86,635
Support costs
10,031
Community garden
-
Community pantry
19,183
Community fridge
-
Cookery classes
-
Community support
-
Total
260,163
NET INCOME/(EXPENDITURE)
(25,709)
Transfers between funds
14
57,586
Net movement in funds
31,877
RECONCILIATION OF FUNDS
Total funds brought forward
654,888
TOTAL FUNDS CARRIED FORWARD
686,765		 Restricted
funds
£
147,620
-
-
-
-
-
147,620
-
-
-
2,641
-
2,817
25,483
3,600
-
29,173
63,714
83,906
(57,586)
26,320
30,078
56,398		 2025
Total
funds
£
153,010
181,636
11,787
19,183
15,315
1,143
382,074
5,208
3,778
135,328
89,276
10,031
2,817
44,666
3,600
-
29,173
323,877
58,197
-
58,197
684,966
743,163		 2024
Total
funds
£
104,801
159,358
4,225
20,894
15,782
1,122
306,182
8,560
5,043
123,336
66,829
5,201
6,974
62,922
1,698
1,980
15,395
297,938
8,244
-
8,244
676,722
684,966

The notes form part of these financial statements

Page 7

Wickham Community Association (Registered number: 04329669)

Balance Sheet

31 January 2025

Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Stocks
10
Debtors
11
Cash at bank
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
576,224
950
56,624
76,081
133,655
(23,114)
110,541
686,765
686,765		 Restricted
funds
£
-
-
-
56,398
56,398
-
56,398
56,398
56,398		 2025
Total
funds
£
576,224
950
56,624
132,479
190,053
(23,114)
166,939
743,163
743,163
686,765
56,398
743,163		 2024
Total
funds
£
540,711
953
51,988
125,539
178,480
(34,225)
144,255
684,966
684,966
654,888
30,078
684,966

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 8

Wickham Community Association (Registered number: 04329669)

Balance Sheet - continued

31 January 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 29 October 2025 and were signed on its behalf by:

Neale Turner - Trustee

The notes form part of these financial statements

Page 9

Wickham Community Association

Notes to the Financial Statements

for the Year Ended 31 January 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.

Income from room hire, events and activities is recognised in the accounting period in which the relevant activity occurs and is deferred to the extent to which it relates to activities which will take place in future accounting periods.

Income from grants is recognised when the charity has received written confirmation of the offer of funding or when any conditions relating to the grant have been met.

Income from donations is recognised when it is received.

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.

Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 33% on cost

Tangible fixed assets other than freehold land are stated at cost less depreciation and provisions for permanent diminution in value. Items costing over £1,000 (previously £250) are capitalised when they have an estimated useful life of more than one year.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

continued...

Page 10

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Debtors and creditors due within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Grants		 2025
£
9,798
143,212
153,010		 2024
£
6,971
97,830
104,801

Donations in the prior year include a donation in kind valued at £1,500 in the form of an Energy Efficiency Audit under the EMphasis3 CO2 Reductions programme, carried out by the University of Portsmouth. The equivalent expenditure is included in establishment costs.

continued...

Page 11

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

National Garden Scheme
Neighbourly Community fund (Community Pantry)
Hubbub Foundation
Southwick Revival (Community Pantry)
Wickham Beer Festival (Community Pantry)
Meon Valley Lions (Community Pantry)
Hampshire County Council (Community Pantry)
Taste of Wickham (Community Pantry)
Hampshire County Council Connect 4 Community (Community Pantry)
Hampshire County Council (Community Pantry - Dire Need)
Hampshire County Council (Community Garden)
Winchester City Council Community Infrastructure Levy (Long Room
Renovation)
One Stop (Community Support - Events)
Wickham Beer Festival (Community Support - Events)
Wickham Beer Festival (Energy Efficiency)
Digital Lift Fund
Hampshire County Council (Warm Hub Social Suppers)
Southern Gas Network (PowerHub)
Winchester City Council Rural Prosperity Fund (Hall Improvement)
Utilita (Community Pantry)
Sovereign Network Group (Community Garden)
Winchester City Council Community Infrastructure Levy (Foyer)
James Cowper Kreston Foundation (Sensory Room)
Hampshire & Isle of Wight Community Fund (Social Pickleball)
Wickham Beer Festival (Men's Shed)
Winchester City Council (Men's Shed)
Hampshire County Council (Repair Cafe)
Groundwork UK (Solar panels)
Winchester City Council (Community Pantry)
Winchester City Council (Community Garden)		 2025
£
2,225
730
6,904
3,200
-
-
14,116
-
2,500
-
-
984
500
-
-
-
15,197
19,474
21,303
3,000
3,000
10,502
4,971
4,260
2,000
1,000
2,346
25,000
-
-
143,212		 2024
£
-
750
1,800
4,000
1,800
1,000
30,000
500
-
4,000
5,800
26,523
500
400
1,500
643
10,459
-
-
-
-
-
-
-
-
-
-
-
4,913
3,242
97,830

continued...

Page 12

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

3. OTHER TRADING ACTIVITIES

Function services
Solar panels
4.
INVESTMENT INCOME
Deposit account interest
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Deficit on disposal of fixed assets		 2025
£
9,527
5,788
15,315
2025
£
1,143
2025
£
24,604
1,043		 2024
£
9,872
5,910
15,782
2024
£
1,122
2024
£
18,844
-

Net expenditure for the year includes £1,850 payable to the independent examiner (2024 £1,350).

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.

Trustees' expenses

Trustees' expenses
2025 2024
£ £
Trustees' expenses 325 404

During the prior year one trustee was reimbursed £16 for printing and stationery costs incurred in their role as trustee.

There were no other trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.

continued...

Page 13

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

7. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 2025
£
118,296
3,919
1,748
123,963		 2024
£
105,248
2,552
1,707
109,507

The average monthly number of employees during the year was as follows:

2025 2024
Community Centre staff 6 6

No employees received emoluments in excess of £60,000.

The key management personnel of the charity comprise the Centre Manager and Operations Manager. The total employee benefits of the key management personnel of the charity were £70,633.

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
4,309
Charitable activities
Room hire, clubs and related income
159,358
Other income from charitable activities
4,225
Community pantry
20,894
Other trading activities
15,782
Investment income
1,122
Total
205,690
EXPENDITURE ON
Raising funds
8,560
Charitable activities
Room hire, clubs and related income
5,043
Administration costs
122,693
Establishment costs
66,829
Support costs
5,201
Community garden
-
Community pantry
20,894
Community fridge
-
Cookery classes
-
Community support
171
Total
229,391		 Restricted
funds
£
100,492
-
-
-
-
-
100,492
-
-
643
-
-
6,974
42,028
1,698
1,980
15,224
68,547		 Total
funds
£
104,801
159,358
4,225
20,894
15,782
1,122
306,182
8,560
5,043
123,336
66,829
5,201
6,974
62,922
1,698
1,980
15,395
297,938

continued...

Page 14

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
9.
TANGIBLE FIXED ASSETS
COST
At 1 February 2024
Additions
Disposals
At 31 January 2025
DEPRECIATION
At 1 February 2024
Charge for year
Eliminated on disposal
At 31 January 2025
NET BOOK VALUE
At 31 January 2025
At 31 January 2024		 Freehold
property
£
730,592
14,075
-
744,667
212,217
13,783
-
226,000
518,667
518,375		 Unrestricted
fund
£
(23,701)
26,523
2,822
652,066
654,888
Plant and
machinery
£
60,825
28,377
(23,712)
65,490
39,698
4,788
(22,669)
21,817
43,673
21,127		 Restricted
funds
£
31,945
(26,523)
5,422
24,656
30,078
Fixtures
and
fittings
£
23,455
18,708
-
42,163
22,246
6,033
-
28,279
13,884
1,209		 Total
funds
£
8,244
-
8,244
676,722
684,966
Totals
£
814,872
61,160
(23,712)
852,320
274,161
24,604
(22,669)
276,096
576,224
540,711		 Total
funds
£
8,244
-
8,244
676,722
684,966

Freehold property includes £50,000 in respect of the land, which is not depreciated.

Page 15

continued...

Wickham Community Association

Notes to the Financial Statements-continued
for the Year Ended 31 January 2025
10.
STOCKS
Stocks
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
13.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year		 2025
£
950
2025
£
44,558
12,066
56,624
2025
£
2,184
2,260
7,704
10,966
23,114
2025
£
-		 2024
£
953
2024
£
45,583
6,405		 2024
£
953
51,988
2024
£
20,230
1,359
4,709
7,927
34,225
2024
£
1,168

Lease payments amounting to £1,168 have been recognised as an expense during the year.

Page 16

continued...

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Community Garden
Community Pantry
Community Fridge
Ukraine Support & Stay and Play
Community Pantry Dire Need
Social Suppers
Creative Feast and Other Events
Energy Efficiency
Hall Improvement Fund
Foyer Improvement Fund
Sensory Room Fund
Solar Panels Fund
Power Hub
Men's Shed Fund
Repair Cafe Fund
Social Pickleball Fund
TOTAL FUNDS		 At 1.2.24
£
654,888
3,989
13,803
1,877
2,370
3,804
2,542
193
1,500
-
-
-
-
-
-
-
-
30,078
684,966		 Net
movement
in funds
£
(25,709)
2,782
2,005
3,304
-
(612)
4,498
61
-
20,764
10,502
3,853
25,000
7,288
98
2,118
2,245
83,906
58,197		 Transfers
between
funds
£
57,586
-
-
(1,320)
-
-
-
-
-
(20,764)
(10,502)
-
(25,000)
-
-
-
-
(57,586)
-		 At
31.1.25
£
686,765
6,771
15,808
3,861
2,370
3,192
7,040
254
1,500
-
-
3,853
-
7,288
98
2,118
2,245
56,398
743,163

continued...

Page 17

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Community Garden
Community Pantry
Community Fridge
Community Pantry Dire Need
Social Suppers
Creative Feast and Other Events
Long Room Renovations
Hall Improvement Fund
Foyer Improvement Fund
Sensory Room Fund
Solar Panels Fund
Power Hub
Men's Shed Fund
Repair Cafe Fund
Social Pickleball Fund
TOTAL FUNDS		 Incoming
resources
£
234,454
5,599
26,876
6,904
-
15,197
500
984
21,303
10,502
4,971
25,000
19,474
3,240
2,810
4,260
147,620
382,074		 Resources
Movement
expended
in funds
£
£
(260,163)
(25,709)
(2,817)
2,782
(24,871)
2,005
(3,600)
3,304
(612)
(612)
(10,699)
4,498
(439)
61
(984)
-
(539)
20,764
-
10,502
(1,118)
3,853
-
25,000
(12,186)
7,288
(3,142)
98
(692)
2,118
(2,015)
2,245
(63,714)
83,906
(323,877)
58,197

continued...

Page 18

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Community Garden
Community Pantry
Community Fridge
Cookery Classes
Community Hub
Ukraine Support & Stay and Play
Power To Change
Community Pantry Dire Need
Social Suppers
Creative Feast and Other Events
Long Room Renovations
Energy Efficiency
TOTAL FUNDS		 At 1.2.23
£
652,066
1,850
3,971
3,575
1,980
4,822
2,348
6,110
-
-
-
-
-
24,656
676,722		 Net
movement
in funds
£
(23,701)
2,139
9,832
(1,698)
(1,980)
(4,822)
22
(6,110)
3,804
2,542
193
26,523
1,500
31,945
8,244		 Transfers
between
funds
£
26,523
-
-
-
-
-
-
-
-
-
-
(26,523)
-
(26,523)
-		 At
31.1.24
£
654,888
3,989
13,803
1,877
-
-
2,370
-
3,804
2,542
193
-
1,500
30,078
684,966

continued...

Page 19

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Community Garden
Community Pantry
Community Fridge
Cookery Classes
Community Hub
Ukraine Support & Stay and Play
Power To Change
Community Pantry Dire Need
Digital Lift
Social Suppers
Creative Feast and Other Events
Long Room Renovations
Energy Efficiency
TOTAL FUNDS		 Incoming
resources
£
205,690
9,113
45,554
-
-
1,000
-
-
4,000
643
10,459
1,700
26,523
1,500
100,492
306,182		 Resources
Movement
expended
in funds
£
£
(229,391)
(23,701)
(6,974)
2,139
(35,722)
9,832
(1,698)
(1,698)
(1,980)
(1,980)
(5,822)
(4,822)
22
22
(6,110)
(6,110)
(196)
3,804
(643)
-
(7,917)
2,542
(1,507)
193
-
26,523
-
1,500
(68,547)
31,945
(297,938)
8,244

The Community Garden fund consists of grants and donations received towards the cost of establishing and maintaining a community garden at the Centre.

The Community Pantry fund consists of grants and donations towards the cost of a scheme to provide support to people who are struggling to afford food and other essentials.

The Community Fridge fund consists of grants to support the cost of a scheme where surplus food is made available to people who can make use of it.

The Ukrainian Support & Stay and Play fund consists of a split grant to the two projects intended to support the community.

The Dire Need fund consists of additional funds from Hampshire County Council to support users of the community pantry who are in particular difficulty.

The Social Suppers fund consists of grants to support the provision of meals as part of the Warm Hub initiative.

The Creative Feast and Other Events fund consists of grants towards the cost of hosting special events at the Centre.

The Long Room Renovations fund was a grant from Winchester City Council Community Infrastructure Levy towards the cost of refurbishing the Long Room and was spent during the year.

The Energy Efficiency fund consists of a grant towards further work to improve the energy efficiency of the Centre.

continued...

Page 20

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

14. MOVEMENT IN FUNDS - continued

The Hall Improvement fund and Foyer Renovations fund consist of grants received towards the cost of refurbishing those areas of the Centre.

The Sensory Room fund consists of a grant towards setting up a sensory room at the Centre.

The Solar Panels fund consists of a grant towards replacing the solar panels at the Centre. Further funds are expected to be received during the year ending 31 January 2026.

The Power Hub fund consists of grants towards providing additional community support services at the Centre.

The Men's Shed fund and the Repair Café fund consist of grants and donations to support those activities at the Centre.

The Social Pickleball fund consists of funding to enable people who need some support or are less physically able to take part in Pickleball.

The Cookery Classes fund was a grant from Hampshire & Isle of Wight Community Fund towards the cost of running cookery classes for local people. The balance of the fund was spent during the prior year.

The Community Hub fund consisted of grants from the Hubbub Foundation towards running green prescribing sessions and was spent during the prior year.

The Power to Change fund consisted of a grant to help the Centre and its users cope with the increased cost of living. The balance of the fund was spent during the prior year.

The Digital Lift fund was a grant towards software costs and was spent during the prior year.

Transfers between funds

Transfers between funds are restricted funds which have been spent, in accordance with the relevant restriction, on fixed assets that are for general use in accordance with the charity's objects. Such funds are treated as unrestricted, once expended, in accordance with the requirements of the Charities SORP.

15. RELATED PARTY DISCLOSURES

There were no related party transactions during the year.

Page 21