ST MARY & ST PETER'S COMMUNITY PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ST MARY & ST PETER'S COMMUNITY PROJECT CONTENTS PAGES Legal and Administrative Information Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Accounts ST MARY & ST PETER'S COMMUNITY PROJECT Page 1. Charity Information Chair.. Rev. Katherine Bagnall Laurence Andrews Treasurer: Trustees.. Rev. Katherine Bagnall Laurence Andrews Derek Bagnall Jean Johnston Edith Tait Patron of the Charity: The Bishop of Durham Governing Document.. The Charity is operated under the rules of its constitution dated 11th July 2001 (amended 1 Oth January 2002) and is unincorporated. Constitution adopted 11th January 2001 as amended 26th April 2006. 1091267 Charity Number: Principle Office: St Mary and St Peter's Community Project, Church Hall, Springwell Road, Sunderland, Tyne and Wear SR3 4DY. Telephone: 0191 528 3754. Lloyds Bank plc. 54 Fawcett Street Sunderland, Tyne and Wear SR1 1 ST. T: 0345 602 1997. W.. htt s.'Ilbranches.Ilo dsbank.com/sunderland154-fawcett- street. CCLA Investment Management Limited. One Angel Lane. London EC4R 3AB. T: 020 7489 6000. E: clientservices ccla.co.uk. W." www.ccla.co.uk. Bankers: Independent Examiner: Mr. Derek Reah, Certified Accountant, Reah and McBride Certified Accountants, Suite 2B, North Sands Business Centre, Liberty Way, Sunderland, Tyne and Wear SR6 OQA. T.. 0191510 3737. F: 0191 510 3838. E: derek.reah reahandmcbride.co.uk. E.. mail reahandmcbride.co.uk. W: htt .'/lwww.reahandmcbride.co.uk/. Organisational Structure The Chair (Rev. Katherine Bagnall) is the delegated person responsible for the charity by the Trustees and is the main contact for the Charity Commission. The Senior Management Team, consisting of the Rev. Bagnal, Mrs. Andrea Driver (Secretary) and Mr. Laurence Andrews (Treasurer). The Trustees all provide oversight of the charity's operation. The bi-monthly Management Board meeting is attended by the Trustees and members of the Community Project, enabling interrogation and support of the operational aspect as well as management and direction of the Community Project. The organisation is managed by members of the local community and representatives from other professional agencies working in the area. The members of the Management Board Gommittee are local residents. thus ensuring the organisation is responsive to local need. Employee: Mr Scott Stenton (part time caretaker) Charitable Objectives The St Mary and St Peters Community Project is an unincorporated charity. The charity utilises volunteers to operate in the west of Sunderland, providing a range of activities I facilities and services to the community. A popular service operated by St Mary and St Peters Community Project is the weekly Lunch Club with at least 50 people of all ages consuming a lunch in a convivial environment providing friendship and entertainment. Other sessions include carer groups, groups for older people, community garden, wellness and fitness facilities. disabled volunteer scheme. arts and crafts groups. In addition. we host clinics operated by the NHS. Page 2. ST MARY & ST PETER'S COMMUNITY PROJECT There are eleven regular sessions each week. an increase of two sessions since December with at least two other irregular sessions also occurring. Management of the hall diary now needs careful but welcome attention! There are increasing numbers of people attending the regular sessions. In the last 2024-25. approximately 6,265 people attended 413 regular sessions with probably 750 people in addition, attending the irregular sessions. The Halls were in use 901 hours out of the potential 3.354 hours they are available. that is, 26.90/0 occupancy rate. Attendance at the Lunch Club sessions is increasing to around 50 guests each week. with 1,897 attending in the last 12 months. Pallion Action Group facilitates the Links4Life programme attended one of the March Lunch Clubs and were so pleased with the progress made and the quality they have asked us to apply for an additional funding that will enable the Community Project to continue the service that is enjoyed by increasing numbers of the community coming along. The NHS now run three Pulmonary Rehab Clinics lasting 6 hours for their NHS Steps For Health programme. In 2025 we welcomed Women's Group operated by Handcrafted, focussing on crafts. to encourage companionship. All these sessions contribute to growing numbers in a diverse selection of community events. We are investing in developing of relationships with other similar local groups, such as Hope4AII, and the Pallion Action Group. This has allowed us to learn from each other and gain further support for our efforts from organisations such as Sunderland City Council. Our activities are diverse, and we take pride in supporting local business start-ups such as All One NE CIC. helping them get on a solid financial footing, whilst serving the community. Other exciting news is that the Community Project has invested in the installation of modern LED light fittings throughout the building, which will result financial savings in our energy costs, coupled with the more efficient energy use. will contribute and enhance our green credentials in these challenges that climate change brings. This was supported by generous funding from both the Gentoo Group and Sunderland City Council. Signed on behalf of the Trustees Name Katherine Janet Bagnall Position Chair Signature: Date.. Page 3. ST MARY & ST PETER'S COMMUNITY PROJECT INDEPENDENT EXAMINERS REPORT INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ST MARY & ST PETER'S COMMUNITY PROJECT I report to the trustees on my examination of the accounts of St Mary & St Peter's Community Project for the year ended 31 st March 2025 set out on pages 4 - 8. Responsibilities and basis of report As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011{'the Act,). I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: {1) accounting records were not kept in respect of the Trust as required by section 130 of the Act., or (2) the accounts do not accord with those records" or (3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Derek Reah. Reah & McBride. Certified Accountants Suite 2B North Sands Business Centre Liberty Way Sunderland SR6 OQA Date............ Page 4. ST MARY & ST PETER'S COMMUNITY PROJECT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 Unrestricted Restricted Total 2025 Total 2024 INCOMING RESOURCES Income and Endowments Donations and Legacies Charitable Activities Other income Interest received 1500 15990 2279 285 1500 55705 2279 285 6118 24389 339 283 39715 TOTAL INCOMING RESOURCES 20054 39715 59769 31129 RESOURCES EXPENDED EXPENDITURE ON Charitable Activities 23049 38735 61784 27673 TOTAL RESOURCES EXPENDED 23049 38735 61784 27673 NET INCOMINGI(OUTGOING) RESOURCES (2995) 980 (2015) 3456 Total funds brought forward 9512 4568 14080 10624 Total funds carried forward 6517 5548 12065 14080 Page 5. ST MARY & ST PETER'S COMMUNITY PROJECT BALANCE SHEET AS AT 31ST MARCH 2025 Notes 2025 2024 FIXED ASSETS CURRENT ASSETS Debtors Bank and cash balances 631 12015 14560 12646 14560 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 581 480 NET CURRENT ASSETS 12065 14080 TOTAL ASSSETS LESS CURRENT LIABILITIES 12065 14080 NET ASSETS 12065 14080 FUNDS Unrestricted Restricted 6517 5548 g512 4568 12065 14080 The financial statements were approved by the following members of the Managements Committee on behalf of all the members Signed Position Chair Signed Position Treasurer Date The notes on pages 6 to 8 form part of these accounts Page 6. ST MARY & ST PETER'S COMMUNITY PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES Basis of Pre aration The financial statements 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 {FRS 102) effective January 2015) - Charities SORP (FRS 102). St Mary & St Peter's Community Project meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value otherwise stated in the relevant accounting policy note(s). Incomin ReSoUr￿S These are included in the Statement of Financial Activities (SOFA) when: the charity becomes entitled to the resources. the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliability Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Capital Grants are released over the economic useful life of the asset to which they relate. Resources Ex ended and Liabilities Resources expensed have been analysed using a natural classification. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Taxation The charity is exempt from corporation tax on its charitable activities. Tan ible Fixed Assets Fixed assets for use by the charity are capitalised at cost on acquisition or market value, estimated by the trustees, where those assets are donated. Assets are stated in the accounts at cost or original value less depreciation. Depreciation is calculated to write off the cost or valuation of fixed assets. less their estimated residual value, over their expected useful lives using the following bases.. Office and general equipment Community Garden 20 % straight line eratin Leases Rentals applicable to operating leases where all of the benefits and risks of ownership remain substantially with the lessor are charged to the income and expenditure account as incurred. Page 7. ST MARY & ST PETER'S COMMUNITY PROJECT NOTES TO THE ACCOUNTS continued There are no related paty transactions. The trustees received no remuneration (2024-25 NIL). or expenses in the year (2024-25 NIL). Funds The charity has two funds: An unrestricted general fund and a restricted fund.. all movements on each fund are disclosed. There are no designated funds at this time. ANALYSIS OF INCOME Donations and Legacies 2025 2024 Grants and Donations 41215 6118 Charitable Activities Hall HirelRoom Rent 15g90 24389 Other Income Miscellaneous 2279 339 Interest re￿iVed 285 283 Total Incoming Resources 59769 31129 ANALYSIS OF EXPENDITURE Charitable Activities Total Charitable Activities Governance Basis of Allocation Activities Support costs Governance HR Resources 1445 52095 240 8004 1445 52095 Direct Direct Direct Direct 240 8004 Total 61784 61544 240 Page 8. ST MARY & ST PETER'S COMMUNITY PROJECT NOTES TO THE ACCOUNTS continued FIXED ASSETS Computer COST At 1st April 2024 and 31st March 2025 883 DEPRECIATION At 1 st April 2024 and 31st March 2025 883 NET BOOK VALUE At 31 st March 2025 At 31 st March 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors Amounts falling due within one year 2025 2024 Accruals 581 480 581 480 MOVEMENT IN FUNDS Unrestricted Restricted Fund Fund 2025 Total 2026 Total Debtors Bank and cash balances Creditors 631 6467 (581) 631 12015 (581) 5548 14560 (480) 6517 5548 12065 14080