2024-12-31-accounts

REGISTERED CHARITY NUMBER: 1092007 Re of the Tr¥sttts and Unaudlted Financial Statements for the Period l A )rll 21124 to 31 December 2024 Eariei Cres¢£nt CommuDlii A¥so¢i#tion

Earlev Crescent Commulli i A oclatio Contsnts of the Flttgncial St&tsments for the Perlod l A )rll 2024 to 31 December 2024 P￿e Report of tbe Trustees I to 5 Independent Examiner'5 Re￿rt Ststement of Flnandal Actlvltlcs Balao¢e Sheet Notes to the Finanrll Statements 9 10 15 Detslled Si•lement of FinTh¢i*l Actlvlties 16 to 17

Earlei Crescent A¥soclatlon Re iort of the Trustees for ihe Period l A )ril 2024 to 31 Deternber 2024 The Dirc¥Yofi present ih¢ir report for tl)c period 1st April ?n24 ÈO 31%t Decemher 20?4. The I￿￿￿10T5 halt aduptrd Ihe Sr&tem¢nt i)f ReLomMcndLyJ PrnLtice 2015 {FRS IQ21. a .%miall ¥lidrilv not iubjeet tu stdiiitijry audii, tlie DireC￿T$ have L)pie<l for th¢ leser r¢portinu rv4uirL'mcnts ￿M}itted un<Ter SORP ?015. % d charirable Ltsmpany. the temis "Dir¢¢'tors" and °Truste¢s" halve 5aine m¥dning. This RLyirt reters t() Directo￿ but rh<y also aLY ¢$ Trust￿ OBJECTIVES AND ACri￿lTIEs Objedives llnd aims l. ProsTlOte tli¥ benefit ut the inhabiranis ol- Edrl¢v and thL sum)undir4g area H'ithout distinctirjn ot. X. 5¢xual orientstion. rnLe vr politiLal. r¢ligious c)r oth¢r opinions. by 41SS(JCldtin¥ tooether ihi. Y￿d Inh￿bE￿ntS to provid¢ faciliflL ij ihe iiitere%ts of lh¢ so¢ial wclfaw recreation and leisure-tAm¢ (KcuparÈon ivith the nhjeci ofimprowng the LondEli￿nts of ITfL of Ih¥ said inhabitants. 2. EsrÉibliyh. w s¢cure the ¥s2ublishTnent of. a Communitv Rcsource cent￿ and rfr maintiin and Tnanage th¢ same in fiJrtheranLY iTrf tht5e obj￿ 3. Pn)n)oic the &d￿nlcJnent ot eduLa2ion, the protethion ot hLlth aiid the r¢liel'ol"poNttty.. si¢kns. and distr¢￿ in particuIar by th¢ provisiun of irfvrnuttion dnd learning ¥¢ntr<s. 4. Promute sueh oil%r charitllble purpos¢b ￿ may from till)c tt) time deternine. Sig#lfi￿nI •ctli'ltles Il¢ main activ%t?es undertaken iri relaiion lo the objeLts and iv Itirthcr the charity's purpo￿ for the PLthlTrL h¢n¢lit are &s tollows-. The Cliariry own% operdtes the C.ResCent Resouree cent￿ which i¥ deSignL￿ to mee¢ tli¥ need5 of voluntary and CL)mmuniiy organisativns. chari¢l&$, and individuals primarily wilhiii the localiiw. but wiihciut <iny oiher rL¥trict2on& Ro()m and hall hir¢ are loiluble fur other uhariti&s. U)7nmunity, #nd N'oluntary orgznisatioils and for leisure. educaiional aiEd kealth activitie&. NeiJ4r bourhood Lirninc ('ttitre 1.8 a muliipurwK" training r(M)m tor computer boscd and oth<Y coursc) Ot interest to th¢ public. Supi)ort and training ure gii'Lm tv voltsntyry and eommuniti. organibations th￿t provid¢ support (u persons ofiimited mcans and dire¥t support to individua15. The CR¢sCeni mI￿n Ca¢ is open protriiling t coffe¢ and .wft drinks to the. ¢nual puhlic aq well ks an intortnMI rEwing pl8LY and exhibirFOD am. Tile Certi￿ hab an Infirnation D&sk providino lo¢al ¢ommuiiity-based intormation on a 5Fide rar2ge of subjects such o¥ hulth. educatioii. comniLinity activitics and details tDr carery the di&thl¢xl. Furthcr details ot ihc As5(Kiation'5 acti￿]1]¢$ can be Seen on ihc website." w%w.thvleycre8cent.or& Public betteflt Statement In exttcising their duti* to iichieie the obj¢as of th¥ Chari(!' set out above, the dirkytors have paid due regard to the Chariiy Commiwioncrf gutd8n¢c on public beTEefit in deciding what the dul￿tieS should Ix Volunte¢rs We are now b¢ginnin8 to ￿ork Iowgrd pre-pandeilliL level.%, oui VolLtnieer bas¢ hds iEL¢T¢uyed. Also, our trainino progrnmine ha8 Ily resumed. Ir is &4li17wtd that $omi 4.80Q hours of voluntary work were Carrsed nut, I'alueil ¢11 L41.184 based vp Yatut<My minimum pay fw Ov￿ 2?_year-ol(Ls. Page I

E4rlei Crescent Communifi ASS￿1￿£50￿ Re >on of the Trustees for the PeYit)d l A ri12024 to 31 Decernber 2024 ACHIEV£MEI%T AND PF.RFOR￿lAl%CE The following are the major achievetnents of the Chariry during the reporting period in fulfilling its obje¢tiVts (￿d duty of public enefit. The following art the major ￿h1￿M¢llts ot the Charity during the repl￿1ng period in futfilling it5 01)jeuiv&s ond duty of public benefit. Th¢ ¢e4tre remokns a permanent home for some lo￿1 groups. The R￿dIng Church of Christ, Earley Bu& X-Pert Diabetes Educattoii. Susan DaughtTey Education. YOA Line dancing. Macmillan Cancer SupporL L & L Footcare. Other lool Lharit&ble and activity groups attend ￿￿u[arly, and thcrc are many one•off communily events including Ethkings for polling sration. and Loca] Authority Continuing partncrship with the [￿￿1 authority and Dep8rttn¢nt tor Works and PensioE]5 for the PTOViSÉOn of their infiJrtll8tion. Promotion of Lhe centre through a diverse range of niarketin& including uur own upto-date wdjs. ite and regu13r presg coverag PC￿￿)ent advert ift librnrtes. various new5knet% Earley Town Guide. Family Grapevtn& Wokingham Wor& Facebook. Instagram. ContirEued c1mnmitm￿t from volunt¢US: Vith new ￿01￿1t¢￿S joinints. Thcy kning a diverqe rBnge af skills to the a&s￿l8t10￿. Suc¢css Fll aitracting new. voluntyrrs is Iwg¢ly due to the suc¢ess of the CentsE and the training and support given. Provision of wid¢-r808ing training opwjrtunities both for loral p¥(yl¢ gnd voluntary sector groups includillg first 8iIL confidence building and aTylI)yability. To si4ry)ort locd p¢opl¢. tn partn¢rshTP wilh The National Car¢¢r5 knica we have further continued our Car¢ers Adiqsory Senrice pruviding one to one inforni￿]0ll and advice ses>ions on learni￿¥ and work. This comple[r￿nts our existing work ski115 programm< and our range of cours&s include iAfornution artd advice on learning tsnd Work. CV writing. inte￿ieW prepardtion, intetvith&' sktlls group Tnt¢r¥iew skill. and job search USiAg so¢ial n¢tWOTkin& W¢ are ¢UTrenily workins with nine major onployers who supp)rt us in delivering interviews to give the most rttent 8nd relevant tips on how io conduct th¢nwlves to the best of iheiradvantage. To assist )n¢mb¢r5 of th¢ coinmuni(y seeking anplo￿lent we have continLLed a partr￿TShIP M'ith tKpth Reading and Bracknell Job Centres io ensure 011 ¢urren¢ inf0m￿tIOn ts available in th¢ Ctntre, wthiLh compliM￿ts rhe c4r¢ers adiic¢ already available at Crucent as Mentioned in the prEVROUS paragraphs. Engaging 400+ inaLtiv¢ Irdrncrs in an informd and supportiTrT ¢D￿r0￿m￿t. Engaging vulnetabl< disable(L and isnlAted 8foup& itTr a range Cf traini Ptrtnctthip working dher local agencies SLth as Bracknell and Wokingham CL>ll¢Be, Lo¢al al￿ Dtstrict counci￿ fvlen¢&p, Eadey I'v￿r5 & ChildcarG l(Kal Cliurch grou￿ Optali5 Ltd, Wokingham Voluntttr Cenrt Wokingham Borough Children's c￿tr WokinghuTn Bor41ugh Community Mcnta] Health Tw DeFnentia Aw8ren¢55 Allianc4 Bcrkshir¢ Carers Hub. Ncw Directio￿ R￿dEn& Reudi￿8 LibTarie% Aut15m BePKshire. Whiiley Wood Community A￿latIon. RLzdiryg Rcfocus. Alana HOUK Day Cornp￿ serviL￿ and Clasp The centre ts contÉnuously beld up &5 an axample of good desi￿ md working pr&ti<x by many orsanTsations. We have been asked for advice by other groups starting similar projects elsewhere gnd InN￿1Vcd with eonsult8tions rwrding Transpon. H(zlth. M¢ntsl Hedldl Public TrdnSTOrt lufrastructutE and Local DevelopmellÈ Plw). ProNision of two romput¢r5 for public use. Up to date softw8r¢ in the Neighbourhood Liwrin8 Centre traTnin8 room and the public-use computers. Arra of b¢n¢fit includ¢5 fjr¢&ter Readin8 ond widened partnerships io publicise our serviLYs Elevaie R¢￿tIng. New DI￿lon& and Prospect Park. R￿eW update aEI ¢ours¢ paperwork. markffling. and publi¢ity annually. including M8tri.T qualifi¢4ti0n. Page 2

Earlti, Crescent Communit As8o¢latli Re )Ort of the TTllSte¢s for the P¢rlod l A rll 2024 ¢0 31 December 2024 FI￿A￿,CLIL REVIE Flnand41 position Ro(Nn hire k85 coniinued to be eff¢cteO by th¢ chang¢ in working Conditions &nd tEduced fvrtdin8 for other charities. We are actively engagillg with the communiry to promote the SPKLC< but in the cumt climat< ¥mall charities and social group% are under sevtt¢ financial pr¢ssur¢. Opralis Ltd fi￿her ¢c&4ul their room hir¢ in March 2024 which h&$ resulted in a huge financial loss. finished the year with an unrEstriCt￿ deficit of £8.396. Rcfcrrins to the NeithbouThood Learning Centre rGstrict¢d funds aff 5Ct out in note 12. Refeffing io the Cr¢5¢¢nt restrictal fvnds.. The Farley Chatity continud to fund th¢ Association MaftagfPs employment and p¢xsion costi . After dau￿1￿8 amortisation of £14279 there w&s a noTninal building fijnd suwlus ()f £645.866. In all. The Earley CharitVs grants tor the 9 nKJrtths amounting to £60.006 and £30.744 wrre of vitsl itntM)rtance in enabling u5 to provide our Ser¥.1￿ Èo EarJ¢y and tht ￿el￿bourhood. The director5 are most appre£iativc of th￿¢ major contribution to our su¢ces& Future PrO4￿ts 7he reduc1T￿v¢e5SatIon ol"hallli)ffiL¢ hire of Opralis Ltd has mod¢ a hu8e impact on our incom¢. Althou8h we ar¢ ￿tiVelY en8agÉng with our commuftiiy to promote ihe spai. thi5 is inttedibly difficult as rnany othtt Lh¥rities and social groups or¢ under s¢¥'¢re financial Pressu￿ The Earley Charity has now taken over aD office space which replenishes the in¢orne lo# by Opralis Ltd. However, w¢ aT¢ currenrly 22UA down on la￿ year. Regording the Nei8hbourhood Learning Centre. and the basic Earley Charity grant for 9 month$ of £60.006. Hvwev¢r, due io irKre&S￿ wsts this year, has ILd to a deficit. whith can be cThiml from our Trainin8 res(Thes One ar¢a ift which we are exwtM¢ing an In￿￿Sing danand is for courses Th) basic and tollow-up English. This is for the ben¢fit of an increasing nt¢mbÈY of Chtnese imffjigTanrs fn)m Hong Kong. ond refug¢¢s from Afghanistan. Every effort is being made to offer (wr $ervtces to these people including attendance to SuP￿rt groups end other partn¢r ortrdnis8tiott& The courses are provided free of ¢lwge and OJnd¢d out of th¢ Earley Chariry. grdnt. Reserves Pollcv The Poli¢y 1$ based on th¢ difiemice between th¢ cuTrent assets ￿ ¢urr¢nt liabilirie¥ (i.e. working ¢opithI) fts app¢aring in the Blllance Shed at the end of th¢ finaheial year as daailed beknv. Cres¢ea¢ Resource Cefttre Iunreilricted Fvjds) To maintain a surplus of eurr¢nt asset% over current liabililies (i.&. working capital) of £40,000 in respect of unrestricted tunds.This figure is cqual to approximately four months nornial total turnovtt and is eonsiderrd th¢ appropri&e level in of the fact thai much of the As%JL'ikltifNE's inry)me is in the forn) of grants which m&y be for limit￿￿ pcriods of tim& The r￿erVe is intet]ded tt) provide working aLpithI for the nornial day-to-day wthing of the Associatioru dnd in uddition. to 8iv¢ the Asbociation time. I￿ the event of the ￿&￿tion of a major Sou￿e of in¢om< for 81tunative sources lo be sought Wtthout daTn4ing. in Short ternE. the fiJn¢tions of the Association. As of 31st DeLX7nlr 2fj24. the reseTh'e amount￿ to £137.203 including the balunLe of the Projects Fund. IYe4¥hbovrhood LearnlDg cent￿ (Restrkted Funds) To rnaintain a surplus of wrrenr assd5 over curr¢nt li&bilitics (i.C Working capital) of £80.000. In planning ahead of a new 2c&i¢mic . commitments have to be mad¢ for thai respect of rom and hall 1X￿kirt￿ employnwit of tutors and other factors. It is theretore considered n¢c&wry to have Funds available ti) honour ih4%e for ihe year ahead and the rcs¢rve is intended to providc s￿h fusth in the evenr ot the cessation of 8wii lijnding on which the NLC 1$ reliant. Revlew of the Resent Polielcs Th¢ Rcsmr Polieies we revith¥ed annually after the end of the financial y¢ar in the light of rtsults for that fin8rscial year. or earli￿ if th¢re is any subst8ntial thange ID thc ChariW.s finan¢il CiTCUIYLStanccs. Exempt10￿ from dts¢losure This does not appty to this T¢POrt. Futsds held •5 ¢ustodlAn trustee on behAif of otbers lio SULh fundy are hel Pag¢ 3

Earlei. Crescent Cornmunllv Asso¢itioR Re Fllrt of the Trustees or the Period l A )rll 2024 to 11 Dece 24 TPIL Charily made nn ￿ant¥ during the year and dnL'.% antlliPalL dciing ro oth¢r choriticy and partiL¥ at PTf%¢nt. Pen$lon Poll¢ The Charity join¢d (he Pei)siun Auto-Enrolm¢ni scl)¢r)¢ in No%embtt ?nlO and iontribui¢s Iu stuff P¢niion s¢liiinL policiLT ai ihe e utr 6OID Ot basic grobs salory. Ownershlp of Property Eai'ley Ch￿ri1V pro¥ided thie tundiiig foi the construiic)n vt. thL. Crescent Cenfre building whiih V¢i% detn4%d io E&rle)' CrtsLent c0￿munity }LK$￿TatiOn. Should thc Ellrley Cre.SLent L"ommuniiy Akn'wiolion ￿. Wound up in rh< liLiur¢. the oii'n¢Thhip ilt Ihe buildin% would r¥iert to Earlw Charitv. Wokinghain Borough Cout]iil uwns the frerhiFld ol-th- land Ost which the Cresce]it R￿￿0￿r￿e C'entr¢ i% built. Ir hTrs ¥rant¢d a 1¢4sc' to th¢ Earl¢y Crcsccnr Cornii)unity A%qi)Liaiion for a tenn uf 611 yrarb from 6 August 1003 ar a rental ol £l.OQ per Onnum. FtryURE PROJECTS AND PLANS At th¢ prc5¢nt r%mL. the do not anticipaic anv chanqts in the ChariiY% aclitriLtes. STRL.LTUKE, GOVERNAPICE AND,￿lAN,.4GEME￿T Gow¢rning docurnen¢ The go￿￿rn1Thg di)cllment 1% Ihe Met)10-. dnduin and Articl¢b ot. As'ivciation w7d subj¢Lt to the pn)I1iiDll8 ser fx21 in the CoiDpJTi&8 AL'r ?006 and thc Chariii&s Act 2011. Charlt) C0115tliutlo Th¢ COmPdn)' is iiicoq)(irnted cIiuTI(uble coinpan) ITmiied by gudrantee. ttot having 5hure Capital 4nd being u T¢gist¢red ¢hariiy in EnBland and ￿ a]es. A Board of DirL￿Or$ m¢¢t quarterly or orhenvibe 45 nec￿sar￿. and admini$t¢TS the charity. Th¢Te ari sub-groups cov¢rin8: building. finanLe. pers()nn¥l. publiciry. and outr¢a¢h. A staff m&nagivnent ream carriL tsjt ihe da>-In-day functi()ns ut the C.OmTnuniry Resour¢c C¢n R¢¢ruitm¢nt and appointmpnt of new trusttes DireLtors rnusi h¢ a meEnber ot the Charity and not be di4ualifi¢d as a DIr(￿Or or Tru$tee by th¢ ArticlL%. No IKKI! OT ind7vidual exiemal to Ihe Chars1> ix pemiitted to app)int direcwrs. MembLY% dr¢ iniiied to put than￿.1V¢%< t'orward or be nomÉnated by other members" ai dire¢tot¥. DirLYtors arc cle¢t¢d by the manbers at the Annual General M¢e(in8 or other G¢ner#l fvl¢xYings tor a tem of three yor< Directors may offer thdFlli¢l%'¢s for rLL¢l¥ctiutt at the end of their iem) ot oTi¢¢. ThL DircLtor> havc poli'cr to appoini rt¢¥v director.s at aAy sia¢yi in Cjenernl Nl¢ering¥. Such dirL'ciors hold office uiitil th¢ n¢xi 41vailuble G¢n¢ral Yc¢ting a¢ w'hich timc thcji must stand tor clection by t1￿ membeTS. ftttdu£tiou trAining of Irustee (hicc apwinred. tI'u%tCQ8 reccive appropri￿te training in iheir duri¢ts r¢sponsibilities by rYf¢rence tQ f¢l¢bani literJDJre inLluding publiLalluns issued by the Charitv Commis%ivrk¢rs and advice and a&8istan¢e Irvin existing t￿St¢l5. Whcrc PO&%Tble. arc enL￿￿)Z8<yj to ¢lttend relutd tr￿￿1￿¥ cour4cs and %cminars. REFERE.NCE AND ADMIP41STR.4TIVE DETAILS Registered Companv nuniber 04383491 (England and Waleil Régistered Charltv number 10926n7 Registered th￿l¢¢ Croscent Lsourcc Ccntre Warbler Dti% Etsrl4' BLYk"shire R(i6 4HB Pge 4

Earlev Crescenl Conimunlti Associ•tion Re rtkrt of the Trustee5 f r the Period l A rll 2024 to 31 December 2024 Trustees R ￿n¢5 Ms E Sprntling Ms J Cant T J Chambers R Codling (resi8ned 1.4.24) AR Bonnett AAHenty P Hooper Ms C Thompson The Annual G￿¢￿81 .M¢eting held on the 5th of li0v¢￿ber 2024 w&g open to all member5 of the Association. Th¢ tollowin8 director rettred by rotation and beilw eligiblc, offtred herself for re4ele£rion. She duly ¢l¢cted tctr a term 01.3 ve8￿. Jane Cant The ollowing are the duly de¢i¢d directors es of 31 Decemb¢r 2024.. Robert Amea (Chairn]anl Tony HMty Cindy Thompson Tony Bonn¢tt Philip Ilooper Jane Cont Tim Ch8Enbers El&ine sp￿11￿8 S(Ki￿70n M4rta8er io whom day to day Thanagem¢ni of ihe Chariry is dele8ated: Kale Long Staff Kate Long- Lssocistion Manager Patricia MO￿On- Community Link Worker 5ameena RiThi- Training Officer Is2b¢lla Hugiies- Training support Yi'en¢ Shears- Offi¢e Manager Samantha Mitchell . Fin￿Le Assistant Malcolm Gaudreau- Senior Car¢t8k¢r ark Robson- Carctaker Kyle Hobbs- Relief Caretaker Solicltors The H<d Partnership 9 Challoni Court Lowtr earl¢y Reading Berkshire RG6 5SY Adilsers CAF Bank Ltd 25 Kings Hill avenue Kinss Hill W￿¢ Malling Kewkt MEI94JQ ApprovL.d by order of the board of tnLSt¢£5 on ....... and signed on its bd)&lt by. R Ames- TnJst¢e P8g¢ i

Inde ￿lld¢￿t ExAmiDef'5 Re iort io the Trustees of Ewrlei. Crdcont Communltv A550ciation lttdependent txamlner'y report tL) the trugteej of EJrle> Crescent Comm¥nltv Assoelatlon (Ithe Compani ) I r4￿rt to thecharity itwsttts my examination of the aeu)unts of the Company tor tht period l April 2024 to 31 Dttembtr 2024. Resp0Tr511JiUtieg aDd b4sls of report As the chariws ￿Ste&S Ot thc Company (and al$0 its di￿t0[S for the pUry￿Ses of compatjy law) you are re5pon5ible for th¢ preparation of the acLounts in 8¢¢ord4Lnce with th¢ rcqu1rc4ll￿Ls of th¢ Companies Aet 2006 ('rhe 2006 Acty. Hkving 5aEisfied myself thai the accoun15 of ihe Coinpany not wuired to be audTted undLr Part 16 of the 21M)6 Act and a eligible for independent ¢xèmination, I teporL in rcsp¢¢% of my cxaminatitsn of your charity's aocounrs as carried oui under SeLtion 145 of the Charities Act 2011 {'the ?n I l Act')- In carryino out mv uwnination I have followol th¢ Dir¢Ltiuns givcn by thc Charity CoFnmission under SLttion 145(51 {b) ot the 2011 Art Independent exYdmln¢r'$ $txt¢meDt I have completed my examination. I contirni that no matters haye come to my attention in connection with the examinatÈon givÈng me caus¢ to believe.. accounting recorth wer¢ not kept in of the Cornpany as required by Section 386 of th¢ 2006 ACL or the account5 do iioi aiwr(I with those records: or the accounts dn not comply with the accounting rcquirements ot Section 396 of th¢ 2006 Aet other than any ttquiranent thal the a¢counts give a tNe and fair ￿]eW which 15 Tlot a matter consid¢￿1 as part ot an indwndent examinarion: or the aceounls have not been prepared in Ac¢ordance with the meth￿8 and prin¢iples of the Stalernent of Recomincnd¢d Pra¢ti¢e frjr aecountEng #lld repurting by chorities (applicable to charities pr¢paring their accounts in xcithce with the Financial Reporting Stsndard applicablE in the UK and Republic of IreLand {FRS 1021). I have no eoncems and have come across Tho othtt rnat(er5 in conneetion with the examination to which attention Should be drawn in this report in order io cnable a propcr undLT5tandTrng of the ac¢ounts lo be rearh P*r Upton Dale.. 349 2a2 Puge 6

Earlev Crescent CommuDitY Assoclatlo Sitement of Fln8n¢ial Actl415es for tbe Period l A rll 2024 1031 December 2024 Period 1.4.24 to 31.12.94 Total funds 'ear Ended 31.3.24 ToTa] funds Unrestrict¢d fvnds Restricted funds N'otes INCO￿lE AIYD ENDOWMENTS FROM Donations and ILwies 77 (AI.006 60.083 72.787 Other trading activities Investm￿1 income OEher incom¢ 87.824 4.440 1.999 92,264 3.998 511 123.541 4.808 511 Total 90.411 60.445 156.856 201.808 EXPEYDITL'RE ON Chsrliable *divltlès Costs 98.806 07,974 166,780 232.857 18.487 18,487 24,317 Total 98.806 86.461 185?67 257,174 NET INCOMEIIEXPENDITL REI (8.395) {20.016) 128.411} {55.366) RECONCILIATION OF FVNDS Total thnds brought forward 145599 716.218 861.817 917.183 TOTAL FUNDS CARRIED FORWARD 137,204 696,202 833,406 861.817 The nol¢y torm pan of th￿C finftncial 4tatenKnts Pog¢ 7

Earki. Crescent Communits Ass ciation Balance Sheet JI December 2024 31.12.24 Total fijnds 31.3.24 Total funds UnreGtricteil tiLnds Restricted funds No*s FIXED ASSETS Tangible as5ers 7.864 655.495 663J59 681.847 CURRENT ASSETS 16.397 139.U14 1,420 17.817 191 ?56 19.08? 204.313 Cash ai bank and in hand 155,411 53.662 209,073 223.395 CREDITORS Amounts falling due within one year 10 (1 ?,955) (11.033) {20,8321 NF.T CURRENT ASSETS 157.333 40.707 198.040 202J63 TOT AL ASSETS LESS CURR£liT LIABILITIES 165.197 696.202 861J99 884.410 PROVISIOIYS FOR LIABILITIES (27.993) (27,9931 122J93) NET ASSETS 137.204 696202 833.400 861.817 FUNDS Ut)rutriL%ed funds R¢strict¢d funds 12 137.204 145.599 716.218 TOTAL FUNDS 833,406 861.817 Th¢ charitable cOm￿Y is ajtitled to exelnption from audit undw Seuiim 477 ot th¢ Companies Act ?a06 for the Peri￿ ei]&xl 31 December ?024. The rnembers have not requtred the company ro obtain an audit of its financial statanents for the periud ¢ndcd 31 Deccmbcr 2024 in accordance with S¢¢tion 476 of the Comp3nte5 Act 2fAI6. The trust￿5 acknowl￿]ge their respon5ibiliti£% for (a) cn5uring that the charitable company keep5 accuunring recoTd$ that ¢oThply with Sections 386 and 387 of the Comp¥nies Aa 2￿6 and preparing finuncial stat¢ments whiLh giv¥ a Èn￿ lind fair vi¢w of th¢ state of affairs of the Lharitable Company ai the end of h financial year and of ILS surplus or delicit for eaLth financial y¢8r ID acLordarKe with the reqtsirLTnents of Sections 394 and 395 and whi¢h otheNis¢ ¢ornply with the requirements of the Companies Act 2006 reiattng to linanLial ¥tstements. so far as applicabl¢ IO the rh4Fitable company. (b) Th¢s¢ financial $￿tements have been prepared in accordanLf With the provhsion5 applicable to d)aritable wmpani¢s >ubjert to th¢ small coThpanies regime. The fitiancial ststements WLYe approved by the B(wxi of TfUSte&8 and outhorised for igsue un ....... -. on its bd)alf by. .. and w'ere R Ames. Trustee The notes fi)mi wrt of these fin4ncial statem¢nts Pag¢ 8

Earley Cre5ceot Communits A$soclatloR N4)tss to the Flnan¢lal Statement5 for the Perlod l A )rll 2024 to 31 Decemb¢r 2024 ACCOUNTING POLICIES B&s15 1)f preparAtlon The financial 8thtern￿t￿ of the charirablc eompany. which ig a public benefit ¢rttity und¢r FRS 102. have beert prepared in 8¢¢ordance wilh ihe Charititrb SORP (FRS 10?} 'Accounting and Reporting by Charities.. Statem¢lli of Recommcnded Prdctice applicable to chdrttitt5 prepari¥ts their a¢counts in accordance with the Financial Rwoning Standard applicable in the UK and Republic of Ir¢land {FRS 10?) (¢ffeLtivv l January 20191,. Financial Reponing Standard 102 The Financial R¢p(Kting Slandard applicable in the UK and Republic of Ireland, and ¢h¢ Companie8 Act 2006. The financia] statanents ha￿e b¢cn prewdrEd under ih¢ hi5tori¢al CO￿ convenlion. l.The financial btatem¢nts have been pre￿r¢d in a¢¢ordance wtth provisions of SORP 2015 (FRSI. A5 a srnall charity not subjLryt to a Statutory audit. the directorn havc opted ()r redu¢cJJ reporting requiranents wlitr¢ pemiitted. and in particular. a) Inciymc and Expcndimre Ib reKogni%d by the natUTe of the itt7ns. not on 8n activity basi. b) OFThi5sion of a siateinent of cthflows. 2. Lnder rhe historical cost conv¢ntion and in accordance w'ith the sp¢cial provisions of the Companiw 2006 relatif2g to small compani& 3. On 4 going concern b25is, there being no material uncertainties about th¢ c.hari￿5 ability to continu lacome All incom¢ is recosnised in the Siatemeni of Financial Activiiia Ort￿ the charity hos entitlanent to th¢ fund& il is probabl¢ th￿ the income wryll b¢ reLeiv¢d and rli¢ amouni eart be measured reliably. InconK Irom th¢ hirc of rty)m5 and the hAII 1$ Tec(y)is¢d when the booking has taken place and invoiccd. Expendltsre Liabilities art recognised as exp¢ndiwr¢ as soon &$ rhere is a legal or mnslnK#ive oblig8tion committins the charity to that ¢xp¢nditure. it is probable that a transfer of e¢onomic benefits will be r¢quired in yettlement and the amount of the obligat70n can be ineasur¢d rcliably. Expenaiture is ae¢ounted foT on an accruats basis has been elk£%ified Uild￿ headings thai aggTegate dll co&1 relatul to the ¢ategory. Where costs (￿n01 k directly artributed ro particular headin8S th¢>, have been all¢xat¢d to activities on a b#si5 consistent with the use of re50ur¢¢& Tanglble fixed assets Tan8ibk Fixed Assets are sllltat at histori(a] eosi less dep￿CiatiOrt. D¢prectatton is provided on a straiBht-line bBsis at rai¢s Cal¢￿1￿red to Wtite-off the cost les5 residual va]ue of asset over its ¢wted lite As ollows.' Rate of depreciation Buildings Pers￿ of leas¢ Car P￿k surfatt/drainage 20 years FUrnI￿￿FIttI￿&8 &. Equipment 5 or 10 years The chgriry is eK&npt frorn corporation lax on its Lharitabl¢ activiti Fulld accouhrfng Unrestricted tunds con be used in accordanc¢ with the Charitable (￿j￿1]y<S at thc discretion ot the trusie¢s. Restricted funds only be ￿Sed tor parricular r¢stiicEoJ purp05e5 Within thc abj¢¢is of lh¢ chariry. Restri¢tions arise when spe¢itioJ by th¢ donor or Wh￿ funds ar¢ raised foT partirulur re5tr2¢ted pJrN) Further explanation of the nature and purpose of ea¢h fund is includa in the T￿¢$ to the tinancial statem¢nts. Penslou costs Dt15er pos¢-retiremenl benefits Th¢ charitable ¢ompany operates a defined contribution pension *hem& Contributions p￿)￿ble to rhe charitabl¢ compangs 4iun seheme ar¢ chargcd to ihe Statement of Financia] Activitie5 in rhe puiod to which they ￿ la(e. Flnanciol Instruments The charity. only has finan¢?al a¥s¢ts and liabilities of a kind that qualify as basir financial insNment5. which Ar¢ iniiidly recognised at transaeÉiDn value gnd subsequently mvdsurtxl ar their settlement V8lue. Page 9 continue<L..

Earlev C ent Community Association Notes to the FIAanelAI Ststements- Eontlnued for tbe P¢r1{￿ l A ri12024 to 31 De¢ember 2024 OTHER TIi4DING ACTIVITIES P¢Tiod 1.4.24 io 31.12?4 Year Ended 31.3.24 Ro(Kn and Hall hir Coffee BaF. Catering and lunch Coursc Fces FuniirBi5ing Hirc of Equipment 77,354 7.167 3.237 3.303 1203 7.572 3,350 4,?07 1.492 92.264 123,541 INVESTMEliT INCOME Paiod 1.4.24 YeAr ERdul 31.3.24 31.12.24 De[￿lt accTrJnl interest 3.998 4,808 NET INCOMEI(EXPENDITLR£) N'et inc0mej(¢Ap￿d1tu￿} is S[￿ed afttt Chargi￿&#{Cr<dIttns). Period 1.4.24 YL*r End¢d 31.3.•4 31.1?24 D￿￿1￿tIOn- owned as¥ets 18,488 24.319 TRUSTEES, REl¥lL￿ ERATION AND BENEFITS wcre no ￿stee9, remuneration or other benefits for the period ended 31 DeLMnber 2094 nor for thc year ended 31 March 2024. Trustets, expell5e5 There were no ffiJst¢es' exp¢nses paid for the period ended 31 Deconbcr 2024 nor for the year ended 31 March ?024. STAFF COSTS The avera8¢ monthly number of employees during the period WBS as follow5: Period 1.4.24 Year Ended 31.3.?4 31.12.24 Crescent ResourL'¢ CtntTe 'cighbourhood Leamirto Cenire Yo employees re¢cived employee bu￿fits ot MO￿ than £60.000. Pa8e10 conttnued...

Earlei Cre5eent Communiti Assoclatlorj )TotL¥ to the Financlal Staf¢ment$- ¢Ontinued for the Period l A )rll 2Q24 ts 31 Deeember 2024 COMPARATtVES FOR THE STATEIMEhY OF FINANCIAL AcfiviTIES Un￿trIcted funds R¢strict¢d funds Total runds IiYCO.ME AND ENDOWMENTS FROM Donati(Ins and legaLie5 {341) 73,128 Other trdding activities Investment ir]come Other incijme 118.699 2,404 672 4.84? 2.404 123.541 4.808 67? Tot41 121.434 80.374 201,808 EXPENDITLRE ON Charltsble ctlvltles Costs 144.355 88.50? 232.857 Other 24.317 24.317 Tota] 144.355 112.819 NET INCOMEI(EXPENDITURE) (22.921) (32.445) l55 J66) RECONCILIATION OF FUNDS Total funds brought fonvard 168.520 748,663 917,183 TOTAL Fu￿Ds CARRIED FORWARD 145.599 716218 861,817 TANGIBLE FIXED ASSETS Long Icasehold tittings Tota15 COST l April 2024 and 31 December 20?4 1.027.1173 106516 1.134J89 DEPRECIATIO,Y At l April 2024 Charge fory¢ar 367.458 14.279 85.084 4.209 452,54ry 18.488 At 31 De¢ember 2094 381,737 89.293 471,030 NET BOOK VALUE At 31 Ccembtr 204J 646,136 17223 663.3)9 At 31 March 20?4 660.415 21.432 681,847 Pagell continued...

Earlei Cresetnt CommuDlti Assodation Notes to the FÉn8ncl41 Statements- Contlnued for tht Perlod l Aorll 2024 to 31 Dttember 2024 DEBTORS: AMOUNTS FALLING DUL WITHIN ONE YEAR 31.12.24 31.3.24 Trad¢ debtors 8.719 76 9,022 9,787 46 9249 Pre￿Y[￿ents and ￿￿U¢d incom¢ 17.817 19.082 CREDITORS: AMouKfs FALLING DUE WITHI.N ONE YEAR 31.12.24 31.3.24 Other creditors Amals and ddurcd income 1.233 9.800 1.102 19.730 11,033 20.832 PROlilSIONS FOR LIABILITIES 31.1? ?4 31.3.24 Provistons 27.993 L?,593 Bulldln8'8 MalnterAffin¢e & RepAlr Dtcemb¢r 2024 19.093 4JOO March 21)24 29,151 2.650 Balance brought forW￿d ApTiI 012023 Transfer in during the vear 23.593 31.801 (12.708 1 Expenditure dLEring the year ?3,593 19.093 IT Provl$lon December 2024 3.500 900 March 2024 Balance brought forward April 2024 Trdnsfer in during the year 8,?17 4,400 8217 {4.717 ) Expenditllre during Ehe year 4.400 Th¢r¢ is outstanding invoice frorn Ad￿72a for £2,829.60. a Lompany tha¢ has gone into li4uid21ion. The WO￿ was ne%tr 5t&rt¢d artd iherefore not cornpl¢ted However. lh¢ Liquidaiocs of Advi￿ are pursuing payment. No provision hBS been made as the Trustees b¢liev¢ this is noi payable. Page 12 continued...

Earlev Cres¢eiit Cvmmunltt, Atsoclation Yotes to the Flnaneial Stgtements- Contlnutd for the Perlod l A Irll 2024 to 31 December 2024 12. .MOVEMLNT IN F￿D5 movement in funds At 31.1?24 At 1.4.?4 Unrestricted funds G￿¢T￿l fvnd Projects 122.364 23235 {8,395) 113,969 23,235 Restrfcted funtts LeasLhold Buildin8S Neighbouthwd Leamin8 Centr¢ Fixtures.Filtings & Equipment Centre fund 145,599 (8.395) 137,204 660,145 63.437 (8.477) (14.279) (1.529) {4208) 64i.8(J6 61.9)8 (12.685) 1.113 716.218 (20,0161 TOTAL FUNDS 861.817 {28.4111 833.406 Nel movanent in tiinds. Includ￿ in the aly)ve are &$ follow5: Ine(Nning resources expended Tn fvnds Unrestrkted fund5 Gen¢ral fjjnd 90.411 (98.8￿) {8.395) Restricted fvtyds Leasehold Buildinss N.eightrrt>uthood Learning Centre FixÉure&Fittings & Equipmeni (14279) {67.974) {4,208) (14 ?79) {1.529) (42081 6&445 66,445 186,461) (20.016) TOTAL FUNDS 156.856 (185.267) (28.411) Comparatives for mOvem￿t IR funds movement in funds At 1.4.23 31.324 Unrestrleted f¥nds General fijnd Proj¢cts 145285 23235 {?2.9?1) 122.3 23.235 Restricted funds Leasehold Buildings Neighbourhood Lvdrning Centre Fixrure5,Fittin&% & Equipment Centre fund 168.520 122.921) 145.599 679.183 71,565 (3.1915) 119.038) {8.128) {5.?79) 000.145 63.437 18.477) 7411.063 32,445) 716.218 TOTAL FUNDS 917.183 {55,3661 861.817 Page 13 LYJntinued...

Erl¢i Crescènt Commllkltv Assoclatlf e FIRYéAclal Statem ed for the Perltml I A I￿ 2024 to 31 Detember 2024 12. MOVEMENT IN FUNDS- contlnued CoMparati￿e nei movement in fuJ]d& includLYI in the abo%'e are as follow5: lrtcoming RoouT6ts expended Moon¢nt in fiJDds Unrestrlcted funds General fund 121,434 {144,355) (L?.921) Restrleted fllttds LcdKhold Buildings NLighbourhood L(xrning Ccntre Fixtvres.Fittings & Equipment 119.OJ8) 188,i02) (5,279) {19.038) (8,1 28) {)279) 80.374 80,374 1112.819) {32,44i} TOTAL FUNDS 201.808 {257.174) (55.366) G*#eral fund Provide a Community Resource Cenrre with th¢ tlexibility 10 Sme the ne&5 of all voluntary and ¢oMmunity based organisations, chartties indimduals wtth in E#Tley, Reading and Wvknmghain Borough and the surToundiAg arca. Projrtts fultd Fundraising set aside for future project%. Bulldlng fund Buildi7)g costs ot the Cr¢¥cent Resource C¢nr¢ and Extenbion and Cur PaTk surfaLf and dr8inag¢ ILSS Antr)rtisation and Dcpreciation. N¢ighbwrhood Learning Centre Fllnd Supporttn8 trdining COUT5es atLd course costs. mArketing ot projects and ￿ndIng ofNLC staff. Centre fund Provid¢s" for the ernploymtnt costs of th¢ Ccntrc fvlanager and related expendirure tundd by Earlcy Charity on a rolling thrLr )tar basis and subject to regular reporting (o the Chariry. Flxthre% Fittlngs & Equipment Fund Pft)vide for certain fixtures, fitting5 and L¥uipn)¢nr paid for from "Un￿ff grants in respl￿ of the R￿oUrCe Centre and Garden. 13. RELATED PARTY DISCLOSURES There We￿ no Trlat¢d party trdnsactiDn5 during ih¢ year that n¢ed disclosur Directors I Interests The followin8 interests have been declared by the Directors in a￿ordance with the Charity's contli¢t5 of inter￿¢ Policy. Name of Direetor Relates to Descrlptloh of Interest Robert Ame5 Robert Arnes Philip Ho(JPLT Anthony Henry Sdf Self Selt Self Tntst¢¢ of Earley Charity Tfftustee ot EaTleyBus Trnstee of Earley C'harity Trwurcr of EarlcyBus Pag¢ 14 continued...

Earltt Creseent Commumlti A$gvcl8tlon Note5 to the Flnan¢i*l Statements- ¢ontluu¢d for the Perlod l A rll 21J24 ts 31 De¢ember 2024 ft4. SIL4RE CAprrAL AND MEMB£ILSHIP The comparty is limited by Guarant¢¢ and without shar¢ capiral. Fa¢h mert]ber undertakes to contribute such amount as may be required. tiot exceed¥ng £10, ro the assets.debts. liabilities ond costs in the case of the C¢)mpany b¢in8 wound up with insufticient assets to repay IL$ li3bilities. is no conrrolling party. Each m¢mber is liable for the sMm¢ guwtee ond no one ffternb¢r more voiiAg right) than nother. Pa8e15

EAAev CT¢s¢ellt Cijmmuttill AswcÉ4tion Dethlled Ststrment of FIDJnei*l Actiwides for the Period l A )Til 2024 to 31 December 2024 Period Year En 31.1?24 31.3.24 INCOME AND ENDOIVMEh'TS Donatlons 8nd leg4cles Donation$ 377 59.7 393 72,394 60,083 72.787 Other tr•dlng 8dlvltle¥ Room and Hall hire Cotlee Bar, Ca¥¢ring and lun¢h Course Fees Fundraising HI￿ of Equ?pment 77,354 7.167 3.237 3,303 ?03 106.920 7,572 3,350 4.207 .492 9?.264 123.541 I￿VestMent iAtome Depobii account inier£st 3.998 4.808 Other IDcoiiie Sundry income 672 Totsl Incomlng resources 156.836 201,808 LXPENDITL.R£ Charlt8ble •ctlvitles Wa¥es SociAI se¢urity Pension Rates Insurdnce 94.852 3,019 4,740 1,017 4.705 1.046 1.990 2.102 420 10.813 1,509 10.247 18.842 4.131 2,163 1?3.276 4.591 0,754 1.072 5,996 13,225 5,105 3.350 755 9.431 2.123 15,693 21.659 11.464 2.916 2.880 507 Tel¢phone Equipment & 5tstionuy Advertising Repair5 &. renew015 Coffee bar & ￿tering Course fees Tutor t¢es Admin. & ofrfic¢ costs Outsourcin8 Accountsncy & l.E. Bad debt Professional f¢e$ Wd)stt¢ expens¢s ?,505 524 166.735 23? 797 Support costs FinAnCe Bank Charges 45 60 This pagc does not fonn part ot the statutory finzncial st8¢￿entS Page 16

Earl￿. Creseent Commmttih Assocl¥tlon Detslled Statsmekt of Flnanci81 Actliides for (he Perlod l A )ri121124 to 31 Deeem r 2024 Ptriod 1.4.24 y￿1. EA 31.1??4 31.3.24 FlTr*nre Cov¢rtwi¢e costs Long leasehold Fixturtt% and tlttings 14,279 42011 19.038 5279 18,487 24.317 Total re50urceb expellded 185.267 257,174 Net expend11￿￿￿ (?8.411) (55.366) This page di￿> not fonm of the slaEutory financi41 ststemenrs Page 17