**REGISTERED COMPANY NUMBER: 04523201 (England and Wales) REGISTERED CHARITY NUMBER: 1094658** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **FOR** ## **NETHERFIELD FORUM** Lemans Chartered Certified Accountants 29 Arboretum Street Nottingham Nottinghamshire NG1 4JA **NETHERFIELD FORUM** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|9| |**Independent Examiner's Report**||10|| |**Statement of Financial Activities**||11|| |**Balance Sheet**|12|to|13| |**Notes to the Financial Statements**|14|to|25| |**Detailed Statement of Financial Activities**|26|to|27| **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 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 December 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). The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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 published in October 2019. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The principal object of the charity is to promote, for public benefit, urban and rural regeneration in areas of social and economic deprivation, in particular Netherfield, Nottingham by the relief of poverty; the advancement of education; the creation of training opportunities; the creation of employment opportunities; the provision of recreational facilities; the promotion of public safety and the prevention of crime. Page 1 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** ## **Achievements and Performances** The Netherfield Forum Community centres, both St George's Centre & Loco Centre, continue to serve the community in 2025. Our community café has like many, suffered this year with reduced footfall and a reduction in sales. This said we have continued to source our products locally to reduce our carbon footprint. Community events still help to keep the café busy along with buffets, U3A Grumpy's fortnightly breakfast meets and themed lunches. Room rentals increased throughout the year helping to support the centre's activities. The Forum are continuing to provide for First Class Schooling, this increased in September with the IT & Interview Room 3 booked 5 days a week to provide learning to young students. Do-Talk-Right continued the first half of the year hiring the kitchen to provide 1-1 cooking classes with students. Come September with new changes to local government the funding was pulled for room hire. Both the Loco and the St George's Centre take pride in providing space to the schools as this enables young people not able to access mainstream teaching. The young people who access the building help with the generation integration, are respectful and mindful we are a community centre. The Netherfield Forum maintains the spaces over both sites for community activities. Our loyal customers such as TOFS and Urban Feet Foot Health Clinic, continued with the support of St George's Centre throughout the year with annual license. Long standing groups such as Slimming World, Soberlink, WD Karate, Stay & Play, Spotlight Theatre, Rebecca Lomas Academy of Voice, NCC Older persons coffee morning, NCC Youth Services for older young people to access youth facilities, Scout and Guides Movement, Line dancing with Sandra, Active Health Coach / Sara who provides classes for slips trips & falls, various Carlton U3A social groups are using both centres for table tennis, music/bands, board games, Grumpy old men have become a firm favourite with the staff. Jigsaw Homes host the monthly Memory Café, this group has grown and is well received by all who attend. They also provided additional community support throughout 2025 especially at events or paying for training for staff. Most recently all staff and volunteers accessed the First Aid course held December 2025. A funding bid was also approved by Jigsaw homes for new furniture in our on-site café. In 2026 we will be implementing new furniture to up date the space. ABL self-help groups for weight management has become a firm favourite on a Thursday. The group has grown in numbers. Along with Yoga from Leah and a group of ladies who use the space weekly to meet and have a yoga workout, followed by a cuppa in the St George's Community Café. Throughout the year the Gedling Borough Councillors held their monthly surgery at St George's Centre helping to address issues through advice or action needed to improve the lives of individuals here in our community. This is a much-needed service and is popular to the locals and the wider community surrounding the centre. The Local MP surgeries are well received too. The Forum provides and supports the community with volunteering opportunities. While they come to gain skills or for a social environment the Forum recognises, they would not be able to operate without their valued input. Many stay and become an integral part of the centre. ## **St George's Centre** The TSB Bank extended their contract to provide banking advice to the community at large, this is an essential service especially for our older community members. Both Yvonne & Caroline the advisors, are brilliant provide a listening ear, they are very popular ladies. On a Wednesday morning, Framework use an interview room for prebooked appointments offering mental health support to individuals. Page 2 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025** Citizens Advice continues here at St George's Centre on a Thursday providing 4 available appointments on the day on a first come first served basis. As always this is an extremely busy service delivered to the Netherfield Community. Urban Feet Podiatry Service is often fully booked which highlights the need in the area. Stay and Play on a Friday is a popular little group for parents with little ones to access. This group is run by the mums. The children receive a light lunch while they are at the session preparing many for the nursery stages and beyond. The Board of Trustees acknowledge the commitment of the staff throughout the year without their continued support none of the above would have been possible for both the Loco and St George's Centres. ## **Community Events & Fund Raising** Throughout the year the staff were proactive in providing raffles, tombola, cake sales to raise funds to support activities within the community. Additional funds were raised through grants, these were in support of projects such as feeding the community at low cost, utility support, refurbishment of the ladies' toilet, support for the stay and play group. Activities for the community especially in the school holidays, not forgetting the Bingo ladies receiving a cuppa and cake when they join us on a Wednesday afternoon. Community events saw the funds received distributed back to the community to include the following:- ## **EASTER** The Forum hosted its 6th Easter Egg giveaway with the kindness and generosity of the community via fund raising, we filled 200 easter bags to include intolerance for the children. Members of staff and volunteers hid paper Easter eggs around the streets of Netherfield for the children to find. They then, as in previous years, brought the paper eggs with pride to the St George's Centre and exchanged for an Easter egg. Children with parents came to collect an Easter egg with the addition of either a cuddly toy or a choice of books. The cuddly toys went down well with the children. The Forum listened to the young mums in the community when they requested a fun day in celebration of Easter. We provided activities with indoor market stalls and bouncy castle. It was a very busy centre with lots of excited children busy crafting easter hats, decorating easter stones and playing with their friends. We hope to repeat in 2026. ## **VE - Day** Afternoon tea was hosted by Cllr Ruth Strong with an amazing reflective video put together by Sheila Monks who also led the sing-a-long. Many of the ladies attending were from the U3A Wednesday/Friday singing groups, they helped everyone to join in with the afternoon of merriment and war time songs. These events are well received and well attended by the community. ## **25 YEAR CELEBRATION & HISTORY EXHIBITION** Hosted and organised by our Trustee & Chair - Neil Kendrick. A history of Netherfield & the Forum through the ages was well attended by the community. Folk from the U3A and Men in Sheds helped to pull together a very informative exhibition with contributions from Cathy Roberts and Gwen Whooley longtime residents sharing their life and the changes they have seen. This event then fed into the AGM for 2025. ## **NETHERFEST** July 2025 - was held this year at St George's Centre with spoken words on the Friday night and live music, followed the next day - Saturday. The stage was set up outside for various acts to perform to the community. NetherFest moved to St George's due to the rising cost of hiring a Portaloo. The space at the centre provided seating along with indoor if needed due to the lovely British weather. The sun shone and a lovely day was had by all. The event was a real success with a booking for 2026 already on the cards. ## **Trip to Skegness** Page 3 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025** We were asked to help fill a coach trip to Skegness - Fantasy Island Theme Park for our community. Jumping at the chance parents and children were recruited over a 24hour period and we managed to send 30 families. All had an amazing day of fun with their children. One lady was so happy as it was her birthday, not having anything planned made her day. The request came from Gedling Play Forum who we work with throughout the year. This trip was fully funded and included food by Mellors Group. ## **AUGUST** We took part in the Nottinghamshire County Council HAF (Holiday Activity and Food) - An initiative by governments to provide nurturing, educational with the programme including food. 2025 we included the SKY Youth Club joining the activities in both sports, drumming & crafting. We included SKY Youth club as a trial to ensure we provided an inclusive programme for SEND children. Again, these sessions were well received by parents. We ran the sessions on 4 consecutive Wednesday & Fridays providing a cooked lunch and pudding, snacks throughout the day along with treats to take home. Many of these snacks & treats were supported by the local Carlton Tesco Store. An organised trip to the Netherfield Lagoons led by NF Trustees, Graham Tonkin & Paul Sergent, 12 children - young people walked from the centre to the lagoons for a spot of pond dipping, bird spotting & identifying plants, starting the programme for the summer, this was a great activity we plan to repeat in 2026. Another favourite with the children and young people was a local treasure hunt, Graham Tonkin and Neil Kendrick weaved their way through the streets of Netherfield with a bunch of children & young people looking for land marks. Again, a very popular activity. One of our local members from the community put together a quiz on Netherfield for a get together. The children did a trial fact find which they thoroughly enjoyed. Additional activities provided on the summer programme to meet the criteria included crafting, sports, cooking, gaining skateboarding skills, drama, board games, clay crafting, circus skills and drumming, all to enrich and teach new skills. External tutors were recruited; these are all trusted partners we have worked with over many years. Two sessions of Litter Picking with the Local Councillor Alison Hunt, MP - Michael Payne & Gedling Borough Council Major Kyle Robinson had a very keen group of children & young people, the children really enjoyed this activity, wearing Hi-vis with mini litter pickers to find all the rubbish on the local park, parents were super proud their children had taken part. The children and young people had an amazing time with numbers of attendees staying stable, with an 89% target achieved for the summer. Most importantly fun was had by all who took part. ## **OCTOBER HAF & Halloween 2024** The HAF funding provided 3 sessions, the fourth session was run for SKY Youth drama with Spotlight, sports and crafting. We finished the years programme off with an inclusive community Halloween and we hosted a family Halloween Party. ## **NOVEMBER - Remembrance** 2025 saw Netherfield have an amazing display of knitted & crocheted poppies on banners which were added around Netherfield. The Knit and Natter group post-box topper looked amazing. More plywood poppies were added to the church yard display. It was lovely to see the St George's Church full at the service of Remembrance and on 11/11 at the memorial stone in Netherfield. ## **Christmas Light Switch On** Working with Cllr Alison Hunt and funding from The NCC Councillors Fund & The GBC Councillors Fund to enable the road closure and marshalling on Victoria Road Netherfield. At one point the weather took a turn for the worse with heavy rain and hail, all just before the choir from the Netherfield Primary School were about to leave school to walk down to the Coop area to sing their little hearts out. Rain stopped in plenty of time and held off until after the events had finished in the town centre and then it continued at St George's Centre. Page 4 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025** The Carlton Rotary provided a Santa and Mrs Claus our Trustee Sharon Watson greeted the children to their delight. Photos with them both were very popular and all children received an age appropriated gift. Over 250 were donated to the centre once again enabling the Netherfield Forum to provide a lovely event with Market Stalls inside and out, free hot chocolate and mulled wine, a busy café providing hot pork or turkey cobs. To all who attended we thank you for your support. The raffle, cake stalls, tombola etc helped us to raise an outstanding amount towards 2026 support. Christmas meals for 2025 we adopted the previous year's format, preparing and cooking 2/3 course meals to the community members to celebrate Christmas with their friends on a selection of days. This enabled smaller groups to meet and eat. We did enjoy the return of the Yoga ladies, The Netherfield Walking Group, U3A Grumpy old Men along with a café full of regular customers and for the community. This was the last of our events in December what a great way to end 2025. Christmas Eve we worked with Edwalton Food Hub who provided the community with free surplus food from the local supermarkets. We saw a steady foot fall who collected fresh vegetables and treats to help them through the Christmas period. ## **Loco Youth Centre** This Centre is just becoming a hive of activity, a very popular choice of venue, especially with the young people, providing so many opportunities to the community at large. The growth in the usage is phenomenal, operating 7 days a week along with 5 evenings a week dedicated to Youth Activities. All the groups have seen an increase in numbers and are maintaining them, many with waiting lists. The forum continues to support the groups with low rental income. This provides the groups opportunities to grow their equipment and experiences for the children and young people who attend their session. Alternative schools still use the building to deliver one to one teaching through cooking or creative work. These young people are given skills to help them reach their full potential and open doors for them when they are ready to transition to the adult world. Many of the U3A enjoy the space weekly for music, table tennis & crafting, Senior Line Dancing with Sandra, & our ever popular Knit and Natter group on a Tuesday & Thursday morning, Falls prevention keep fit sessions along with Leah Yoga session keeps the centre very busy. MERMAIDS Group and the LGBT group are still enjoying the space. They find the centre the ideal place to express themselves and enjoy activities using the facilities. The SKY Senior Youth Club is another very popular group along with Junior Youth Club, supported by Sports England, have continued to provide an excellent service for young people who have additional needs. These groups are a help to parents to meet and share their experiences or to gain essential information to help with their children's care who are living with additional needs such as Autism, ADHD and other spectrum conditions, The Trustee who runs this group has a wealth of knowledge she can share with all who need the additional support via the group. Page 5 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **FINANCIAL REVIEW** ## **Principal funding sources and financial review** ## **Financial Review** A review of all policies and procedures was undertaken during the year, which will continue to be maintained and updated. 2025 the Forum received funding from the following organisations: Big Lottery in support of wages for Toni Motts post Jigsaw Homes - to refurbish the Café Seating areas Nottinghamshire County Council in Support of HAF Activities for Summer and October 2025 Nottingham County Councillors, Mike Adams - Paul Brill & Colleagues supported the Netherfield Light Switch On with contributions from their Community Funds for the road closure on Victoria Road. Gedling Borough Council Cllr John Clarke, Alison Hunt, Paul Willikinson & colleagues all supported with Community funds for the Netherfield 2025 Light Switch on. Gedling Borough Councillor Ruth Strong hosted a VE day celebration supporting and afternoon tea for the community. Gedling Borough Council supported the NCC Youth Services room hire of the Loco Centre Gedling Borough Council supported many of the groups in the community with room rental income Gedling Borough Council UKSPF Strength in the Community Physical Fund Gedling Brough Council UKSPF Fund in support of equipment Projector Screens for St George's & Loco Centre. Tesco /Groundworks - In support of the Stay & Play Group for new equipment. Jigsaw Homes continue to provide activities for the community both young and old Carlton Rotary Club supported financially for various activities including the young people having a day out bowling Morrisons continue to support with raffle and produce as do the local Tesco The local community as always have dug deep throughout the year in support of raffles and private donations, These donations are always greatly received. The community of Netherfield and surrounding areas are extremely kind and generous. All the above makes things happen in our community. Throughout 2025 the Forum supported 2 local charities with free hall hire: 1. Netherfield Lagoons held a Quiz Night to fundraise for their charity raising nearly £1,000. The centre provided the space for free. 2. Shaun Bratchly Clark - one of our co-opted board members raised funds for the Terrence Higgins Foundation with his 2nd year of Christmas Wreath making. Shaun will be running the London and Paris Marathon in 2026. 3. Fundraiser in support of YP coming out of care with Christmas gifts. ## **Staffing:** Staffing numbers are maintained and the current number of 2 in the Kitchen, 2 Cleaners and 2 Admin/Financial staff. Unfortunately, one of our kitchen staff finished at the end of December 2025 to concentrate on her children. We are sad to see her go. Our café has remained busy although we have seen a decline in customers and know this is being experienced across the hospitality industry. We are grateful we still have loyal customers on a day-to-day basis, to provide low-cost hot meals for everyone. Wednesday Roast Dinner days are still popular, and we have many from the community coming in to collect or dine in. Amanda and Toni cover the Administration and keep the ship running smoothly. Bookings for room hire for 2025 are maintained. Many of the room hire charges are still very competitive and have not seen an increase in many years. The forum always looks to providing a service for the community and its surrounding areas. There have been no changes to the Board of Trustees with one vacant Co-opted post available. Cllr Alison Hunt has attended many meetings throughout 2025 as an advisor to the Board. We also get to hear good news stories and updates on any activities in Netherfield, both good and bad. Page 6 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025** In 2025 we maintained our volunteers both new and long serving. Our loyal volunteers are Julie, who came to us as we came out of COVID19 as did Judy, both help to provide cover at reception three days a week. Kyla, Sandy, Lynda, Brenda, Gill & Carla all provide cover in the kitchen throughout the week. Michelle, Carla, Ebonie, Laura young mums who set up and run the Stay & Play between themselves. Kirsty, Sapphire and friends who provide excellent cover for community events such as Easter, Summer & Halloween. We are very grateful to all the group volunteers giving up their time to run the Scout & Guide movements, they are busy groups and much valued in many ways, all have continued to support both centres. Their contribution has been most gratefully received by the Trustees and the staff. We closed on 24th December re opening on 5th January 2026, giving the staff a well-earned break after a very busy year. The staff really go the extra mile to provide a great service to the community, they are all kind, considerate and giving. ## **Reserves policy** It is the policy of the Trustees of the charity to maintain sufficient reserves to cover day to day running costs and to provide a six-month cushion in the event of income depletion. This has continued to be maintained for the last 18 years. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member. ## **Governance** The trustees of the Forum are committed to continual improvement in their systems and procedures, using the nationally recognised PQASSO quality system as their guide. Page 7 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT RECRUITMENT AND APPOINTMENT OF TRUSTEES** The Charity welcomes eligible people who have an interest in helping the organisation achieve its objectives by becoming a Trustee. The Articles of Association state the eligibility of Trustees, which, in summary, state that those eligible must: Be over the age of 18 Already be or become members of the organisation Not be undischarged bankrupts Not previously have been removed from trusteeship of a charity by a Court or the Charity Commissioners Not be under a disqualification order under the Company Directors' Disqualification Act 1986 Not be disqualified by the Charities Act 1993 (Section 72) from acting as a charity trustee Undertake to fulfil their responsibilities and duties as a trustee of the Charity in good faith and in accordance with the law and within the objectives of the Charity Not have financial interests in conflict with those of the Charity (either in person or through family or business connections) except where formally notified in a conflict of interest statement ## **INDUCTION AND TRAINING OF NEW TRUSTEES** To ensure Trustees are fully competent, the Charity will: Provide an up-to-date Trustee Induction Pack Support induction, in a manner tailored to the experience of the individual, by the use of a 'buddy' system whereby each new Trustee is guided by an experienced Trustee or recently retired Trustee Provide access to, and where appropriate cover the costs of, induction training Conduct de-briefing of retiring Trustees in order to review, and amend where necessary, the Induction of new Trustees Provide a job description for honorary officers ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 04523201 (England and Wales) ## **Registered Charity number** 1094658 ## **Registered office** St George's Centre 91 Victoria Road Netherfield Nottingham Nottinghamshire NG4 2NN ## **Trustees** Mrs T Simpson Treasurer Mrs L Stafford Mrs S Watson Mr N Kendrick Mr G Tonkin Chair Mr P Sergent ## **Company Secretary** Mr P Sergent Page 8 **NETHERFIELD FORUM** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Lemans Chartered Certified Accountants 29 Arboretum Street Nottingham Nottinghamshire NG1 4JA ## **Bankers** HSBC plc 1 Victoria Road Netherfield Nottingham NG4 2LB Scottish Widows Bank plc PO Box 12757 67 Morrison Street Edinburgh EH3 8YJ 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 ............................................. and signed on its behalf by: .......................................................................... Mrs L Stafford - Trustee Page 9 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NETHERFIELD FORUM** ## **Independent examiner's report to the trustees of Netherfield Forum ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 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** 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 3. 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 4. 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. K Mealand Lemans Chartered Certified Accountants 29 Arboretum Street Nottingham Nottinghamshire NG1 4JA Date: ............................................. Page 10 **NETHERFIELD FORUM** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
10,875
**Charitable activities**
St. George's Centre
92,951
Loco Youth Centre
2,000
Other trading activities
3
5,223
Investment income
4
947
**Total**
111,996
**EXPENDITURE ON**
**Charitable activities**
St. George's Centre
116,673
Loco Youth Centre
-
Other
11,999
**Total**
128,672
**NET INCOME/(EXPENDITURE)**
(16,676)
**Transfers between funds**
16
(461)
**Net movement in funds**
(17,137)
**RECONCILIATION OF FUNDS**
Total funds brought forward
260,104
**TOTAL FUNDS CARRIED FORWARD**
242,967|Restricted
funds
£
54,027
-
31,437
306
-
85,770
70,142
14,833
-
84,975
795
461
1,256
700,272
701,528|31.12.25
31.12.24
Total
Total
funds
funds
£
£
64,902
68,079
92,951
94,001
33,437
35,475
5,529
6,917
947
960
197,766
205,432
186,815
165,622
14,833
26,501
11,999
13,303
213,647
205,426
(15,881)
6
-
-
(15,881)
6
960,376
960,370
944,495
960,376|31.12.25
31.12.24
Total
Total
funds
funds
£
£
64,902
68,079
92,951
94,001
33,437
35,475
5,529
6,917
947
960
197,766
205,432
186,815
165,622
14,833
26,501
11,999
13,303
213,647
205,426
(15,881)
6
-
-
(15,881)
6
960,376
960,370
944,495
960,376| |---|---|---|---| ||||205,432| ||||165,622
26,501
13,303| ||||205,426| ||||6
-| ||||6
960,370| ||||960,376| The notes form part of these financial statements Page 11 ## **NETHERFIELD FORUM (REGISTERED NUMBER: 04523201)** ## **BALANCE SHEET** ## **31 DECEMBER 2025** |Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
12
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
324,677
6,410
61,253
67,663
(10,977)
56,686
381,363
(138,397)
242,966|Restricted
funds
£
613,124
3,202
86,435
89,637
(1,232)
88,405
701,529
-
701,529|31.12.25
Total
funds
£
937,801
9,612
147,688
157,300
(12,209)
145,091
1,082,892
(138,397)
944,495
242,966
701,529
944,495|31.12.24
Total
funds
£
967,835
17,838
125,560
143,398
(9,379)
134,019
1,101,854
(141,478)
960,376
260,104
700,272
960,376| |---|---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 12 ## **NETHERFIELD FORUM (REGISTERED NUMBER: 04523201)** ## **BALANCE SHEET - continued** ## **31 DECEMBER 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 ............................................. and were signed on its behalf by: ............................................. Mrs T Simpson - Trustee The notes form part of these financial statements Page 13 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** Netherfield Forum is a charity in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 5 of these financial statements. The nature of the charity's operations and principal activities are stated on page 1 of these financial statements. The charity constitutes a public benefit entity as defined by FRS102. 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **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. Cafe sales and room hire income is accounted for in the period to which it relates. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. The charity receives government grants in respect of various projects. Income from local council grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. ## **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 - 33% on cost Fixtures and fittings - 15% reducing balance ## **Taxation** The charity is exempt from corporation tax on its charitable activities. continued... Page 14 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **1. ACCOUNTING POLICIES - continued** ## **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. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **Current assets** Debtors and Creditors receivable and payable within one year are recorded at transaction price. Cash at Bank - The charity holds sufficient funds in order to meet its short term cash commitments as they fall due. ## **2. DONATIONS AND LEGACIES** |**DONATIONS AND LEGACIES**|**DONATIONS AND LEGACIES**|| |---|---|---| |31.12.25
£
Donations
11,657
Grants
53,245
64,902
Grants received, included in the above, are as follows:||31.12.24
£
15,522
52,557
68,079| ||31.12.25|31.12.24| ||£|£| |National Lottery Community Fund|24,000|30,000| |Gedling Borough Council|2,377|10,370| |Nottinghamshire County Council|15,018|8,812| |Sports England|2,490|-| |Jigsaw Midlands|6,130|-| |Tesco Community Grant|1,500|-| |Other|1,730|3,375| |||| ||53,245|52,557| |||| Page 15 continued... **NETHERFIELD FORUM** |**NOTES TO THE FINANCIAL STATEMENTS- continued**|**NOTES TO THE FINANCIAL STATEMENTS- continued**||| |---|---|---|---| |**FOR**|**THE YEAR ENDED 31 DECEMBER 2025**||| |**3.**|**OTHER TRADING ACTIVITIES**||| |||31.12.25|31.12.24| |||£|£| ||Fundraising events|5,529|6,917| |**4.**|**INVESTMENT INCOME**||| |||31.12.25|31.12.24| |||£|£| ||Deposit account interest|947|960| |**5.**|**SUPPORT COSTS**||| ||||Governance| ||||costs| ||||£| ||St. George's Centre||3,930| ||Support costs, included in the above, are as follows:||| |||31.12.25|31.12.24| |||St.|| |||George's|Total| |||Centre|activities| |||£|£| ||Accountancy and legal fees|3,930|3,710| |**6.**|**NET INCOME/(EXPENDITURE)**||| ||Net income/(expenditure) is stated after charging/(crediting):||| |||31.12.25|31.12.24| |||£|£| ||Depreciation - owned assets|30,034|30,359| ||Hire of plant and machinery|1,316|601| ||Independent Examination Fees|3,930|3,710| |**7.**|**TRUSTEES' REMUNERATION AND BENEFITS**||| There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024. Page 16 continued... **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **7. TRUSTEES' REMUNERATION AND BENEFITS - continued** ## **Trustees' expenses** During the year a total of £nil (2024 - £nil) of expenses were reimbursed to 0 (2024- 0) trustees for goods purchased on behalf of The Forum. ## **8. STAFF COSTS** |Wages and salaries
The average monthly number of employees during the year was as follows:
Employees
No employees received emoluments in excess of £60,000.
**9.**
**TANGIBLE FIXED ASSETS**
Freehold
property
£
**COST**
At 1 January 2025 and 31 December 2025
1,253,466
**DEPRECIATION**
At 1 January 2025
400,688
Charge for year
25,070
At 31 December 2025
425,758
**NET BOOK VALUE**
At 31 December 2025
827,708
At 31 December 2024
852,778|31.12.25
£
82,825
82,825
31.12.25
6
Property
Improvements
£
98,910
3,764
1,978
5,742
93,168
95,146|31.12.24
£
84,518
84,518
31.12.24
7
Plant and
machinery
£
9,007
9,007
-
9,007
-
-| |---|---|---| continued... Page 17 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** |**9.**
**TANGIBLE FIXED ASSETS - continued**
Fixtures
and
fittings
£
**COST**
At 1 January 2025 and 31 December 2025
55,784
**DEPRECIATION**
At 1 January 2025
35,873
Charge for year
2,986
At 31 December 2025
38,859
**NET BOOK VALUE**
At 31 December 2025
16,925
At 31 December 2024
19,911
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments and accrued income
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 13)
Trade creditors
Accruals and deferred income|Computer
equipment
£
7,689
7,689
-
7,689
-
-
31.12.25
£
6,092
3,520
9,612
31.12.25
£
2,920
1,701
7,588
12,209|Totals
£
1,424,856|Totals
£
1,424,856| |---|---|---|---| |||457,021
30,034|| |||487,055|| |||937,801|| |||967,835|| |||31.12.24
£
15,760
2,078
17,838
31.12.24
£
1,981
1,804
5,594
9,379|| ||||9,379| continued... Page 18 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** |**12.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 13)
**13.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
**14.**
**LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years|31.12.25
£
138,397
31.12.25
£
389
2,531
2,920
2,531
7,593
128,273
31.12.25
£
1,136
2,840
3,976|31.12.24
£
141,478|31.12.24
£
141,478| |---|---|---|---| |||31.12.24
£
-
1,981|| |||1,981|| |||1,981|| |||5,944|| |||133,553
31.12.24
£
1,339
-
1,339|| ||||1,339| continued... Page 19 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **15. SECURED DEBTS** The following secured debts are included within creditors: Bank loans |31.12.25|31.12.24| |---|---| |£|£| |140,928|143,459| The Charity Bank Ltd has a fixed charge over St George's Centre. ## **16. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
Youth
Youth Centre Equipment
Property
Shunters refurbishment
Big Lottery
National Lottery Community Fund - RC
Midlands Region
Clean Up Crew
HAF Summer
Tesco Community Grant
GBC UKSPF Support Equipment
GBC UKSPF Health & Wellbeing
Christmas Light Switch On
HAF October
Chill Room
Sport England
Jigsaw Cafe Refurbishment
**TOTAL FUNDS**|At 1.1.25
£
260,104
66,222
3,998
522,154
670
196
106,010
1,022
-
-
-
-
-
-
-
-
-
700,272
960,376|Net
movement
in funds
£
(16,677)
17,182
(600)
(17,948)
(100)
(29)
(5,745)
(514)
(6)
(68)
211
1,388
186
(387)
500
596
6,130
796
(15,881)|Transfers
between
funds
£
(461)
-
-
-
-
-
-
-
6
68
-
-
-
387
-
-
-
461
-|At
31.12.25
£
242,966
83,404
3,398
504,206
570
167
100,265
508
-
-
211
1,388
186
-
500
596
6,130| |---|---|---|---|---| |||||701,529| |||||944,495| continued... Page 20 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **16. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Youth
Youth Centre Equipment
Property
Shunters refurbishment
Big Lottery
National Lottery Community Fund - RC
Midlands Region
Clean Up Crew
HAF Summer
Tesco Community Grant
GBC UKSPF Support Equipment
GBC UKSPF Health & Wellbeing
Christmas Light Switch On
HAF October
Chill Room
Sport England
Jigsaw Cafe Refurbishment
**TOTAL FUNDS**|Incoming
resources
£
111,996
32,015
-
-
-
-
24,000
-
11,629
1,500
989
1,388
1,740
3,389
500
2,490
6,130
85,770
197,766|Resources
Movement
expended
in funds
£
£
(128,673)
(16,677)
(14,833)
17,182
(600)
(600)
(17,948)
(17,948)
(100)
(100)
(29)
(29)
(29,745)
(5,745)
(514)
(514)
(11,635)
(6)
(1,568)
(68)
(778)
211
-
1,388
(1,554)
186
(3,776)
(387)
-
500
(1,894)
596
-
6,130
(84,974)
796
(213,647)
(15,881)| |---|---|---| continued... Page 21 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **16. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.1.24
£
**Unrestricted funds**
General fund
259,624
**Restricted funds**
Youth
56,872
Youth Centre Equipment
4,704
Property
540,102
Shunters refurbishment
788
Big Lottery
230
National Lottery Community Fund - RC
Midlands Region
97,860
Clean Up Crew
190
700,746
**TOTAL FUNDS**
960,370
Comparative net movement in funds, included in the above are as follows:|Net
movement
in funds
£
480
9,350
(706)
(17,948)
(118)
(34)
8,150
832
(474)
6|At
31.12.24
£
260,104
66,222
3,998
522,154
670
196
106,010
1,022| |---|---|---| |||700,272| |||960,376| |||| |**Unrestricted funds**
General fund
**Restricted funds**
Youth
Youth Centre Equipment
Property
Shunters refurbishment
Big Lottery
National Lottery Community Fund - RC
Midlands Region
Clean Up Crew
**TOTAL FUNDS**|Incoming
resources
£
137,294
35,138
-
-
-
-
30,000
3,000
68,138
205,432|Resources
Movement
expended
in funds
£
£
(136,814)
480
(25,788)
9,350
(706)
(706)
(17,948)
(17,948)
(118)
(118)
(34)
(34)
(21,850)
8,150
(2,168)
832
(68,612)
(474)
(205,426)
6|Resources
Movement
expended
in funds
£
£
(136,814)
480
(25,788)
9,350
(706)
(706)
(17,948)
(17,948)
(118)
(118)
(34)
(34)
(21,850)
8,150
(2,168)
832
(68,612)
(474)
(205,426)
6| |---|---|---|---| ||||(474)| ||||6| continued... Page 22 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **16. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Youth
Youth Centre Equipment
Property
Shunters refurbishment
Big Lottery
National Lottery Community Fund - RC
Midlands Region
Clean Up Crew
HAF Summer
Tesco Community Grant
GBC UKSPF Support Equipment
GBC UKSPF Health & Wellbeing
Christmas Light Switch On
HAF October
Chill Room
Sport England
Jigsaw Cafe Refurbishment
**TOTAL FUNDS**|At 1.1.24
£
259,624
56,872
4,704
540,102
788
230
97,860
190
-
-
-
-
-
-
-
-
-
700,746
960,370|Net
movement
in funds
£
(16,197)
26,532
(1,306)
(35,896)
(218)
(63)
2,405
318
(6)
(68)
211
1,388
186
(387)
500
596
6,130
322
(15,875)|Transfers
between
funds
£
(461)
-
-
-
-
-
-
-
6
68
-
-
-
387
-
-
-
461
-|At
31.12.25
£
242,966
83,404
3,398
504,206
570
167
100,265
508
-
-
211
1,388
186
-
500
596
6,130| |---|---|---|---|---| |||||701,529| |||||944,495| continued... Page 23 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **16. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Youth
Youth Centre Equipment
Property
Shunters refurbishment
Big Lottery
National Lottery Community Fund - RC
Midlands Region
Clean Up Crew
HAF Summer
Tesco Community Grant
GBC UKSPF Support Equipment
GBC UKSPF Health & Wellbeing
Christmas Light Switch On
HAF October
Chill Room
Sport England
Jigsaw Cafe Refurbishment
**TOTAL FUNDS**|Incoming
resources
£
249,290
67,153
-
-
-
-
54,000
3,000
11,629
1,500
989
1,388
1,740
3,389
500
2,490
6,130
153,908
403,198|Resources
Movement
expended
in funds
£
£
(265,487)
(16,197)
(40,621)
26,532
(1,306)
(1,306)
(35,896)
(35,896)
(218)
(218)
(63)
(63)
(51,595)
2,405
(2,682)
318
(11,635)
(6)
(1,568)
(68)
(778)
211
-
1,388
(1,554)
186
(3,776)
(387)
-
500
(1,894)
596
-
6,130
(153,586)
322
(419,073)
(15,875)| |---|---|---| ## **Purposes of restricted funds** Youth - To cover the running costs of the Loco Youth Project. Youth centre equipment - To provide plant & equipment for the Loco Youth Centre Property - Building costs, St. George's centre, less depreciation costs Shunters refurbishment - To contribute towards the refurbishment of Shunters Cafe and seating area Big Lottery - To fund the refurbishment of Shunters Cafe New Build - To contribute towards the New Loco Centre improvements. National Lottery Community Fund- RC Midlands Region - To contribute towards improvements to the New Loco Centre and staffing costs. Clean Up Crew - To contribute to plants and equipment in Netherfield town centre. HAF Summer - to provide activities and food during the school summer holidays. continued... Page 24 **NETHERFIELD FORUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025** ## **16. MOVEMENT IN FUNDS - continued** Tesco Community Grant - to provide new equipment for the Stay & Play Group. GBC - Support Equipment - to provide new office/IT equipment. GBC - Health and wellbeing - to provide tennis equipment for use by the Netherfield community. Christmas Light Switch On - to arrange and host the event for the Netherfield community. HAF October - to provide activities and food during the school half-term holiday. Chill Room - to contribute to equipment for the new Chill Room to be located in the Loco Centre. Sport England - to provide social inclusion activities for children under the age of 8 and young people with additional needs and learning difficulties. Jigsaw Midlands - to refurbish the Café seating areas. ## **17. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2025. Page 25 **NETHERFIELD FORUM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 DECEMBER 2025**||| |---|---|---| ||31.12.25|31.12.24| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|11,657|15,522| |Grants|53,245|52,557| ||64,902|68,079| |**Other trading activities**||| |Fundraising events|5,529|6,917| |**Investment income**||| |Deposit account interest|947|960| |**Charitable activities**||| |Cafe sales|32,536|39,475| |Room hire|87,690|84,091| |Printing and photocopying|1,395|1,461| |Equipment hire|-|110| |Sundry income|4,423|4,032| |Bingo income|344|307| ||126,388|129,476| |**Total incoming resources**|197,766|205,432| |**EXPENDITURE**||| |**Charitable activities**||| |Payroll costs|82,825|84,518| |Hire of plant and machinery|1,316|601| |Rent, rates and water|6,275|1,687| |Insurance|6,051|5,477| |Light and heat|10,565|13,313| |Telephone|1,286|1,031| |Postage and stationery|783|722| |Sundries|716|2,427| |Catering supplies|12,258|14,248| |Cleaning and hygiene|2,477|3,069| |Equipment purchase|2,960|4,445| |Event costs|2,690|2,765| |Health and safety|255|166| |Licences|1,140|470| |Payroll service|1,027|994| |Carried forward|132,624|135,933| This page does not form part of the statutory financial statements Page 26 **NETHERFIELD FORUM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025** |**FOR THE YEAR ENDED 31 DECEMBER 2025**||| |---|---|---| ||31.12.25|31.12.24| ||£|£| |**Charitable activities**||| |Brought forward|132,624|135,933| |Premises maintenance|18,402|8,148| |Security|2,913|2,879| |Legal and professional fees|13|13| |Tutor costs|6,810|6,392| |Waste disposal|2,408|1,948| |Computer and software costs|4,515|2,741| |Freehold property|25,069|25,069| |Property improvements|1,978|1,978| |Fixtures and fittings|2,986|3,312| ||197,718|188,413| |**Other**||| |Bank loan interest|11,701|12,950| |Bank charges|298|353| ||11,999|13,303| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|3,930|3,710| |Total resources expended|213,647|205,426| |**Net (expenditure)/income**|(15,881)|6| This page does not form part of the statutory financial statements Page 27