Company registration number.. 04396054 Charty registration number.. 1097160 Ackroyd Community Association (A company limlted by guarantee) Annual Report and Flnancial Slatemenls for the year ended 31 March 2025
Content8 Pago R8lèr@nce and administration details Trustees. annual report Independent examiner's report Statement ol financial a1V[tIeS Balance sheet Notes lo the actr)unts 9-1S
Ackroyd Community Association (Limiied by Guaraniee) Reference and admlnistrative detalls Charfly namg Ackroyd Community Association Charlty numb8r 1097160 Company number 04396054 Prfnclpal address Ackroyd Community Centre Ackroyd Road London SE23 1 DL Registèrod offlce 9 Hare & Billet Road London SE3 OR8 Tru09$ Deirdre Mason Barbara Prooker Jean Leader Rita Nears Ahmad Saeed Sancsie Avenell Evadne Scott Irg5igned, 16 January 20251 Co-opted Ind8pondènt oxamirer Fleld Sullivan Limit8d 9 HaTe & 8illel F¢oad London SE3 ORB B8nker¥ Barclays Bank F4c Lewisharn Branch 93 Lewisham High Street London SE13 68B Page 1
Ackroyd Communiiy Association (Limited by Guarantee) Truslees report Ackroyd Communlty Associatlon The board ot trustees are the charity's irustee5 as well as directors ol Ackroyd Community ASslatIOn Ltd. This gives thgrn legal responsibility lor the Association and for setting the strategic direction of the oroanisalion. The tiustees are dedicated volunteers. recruited from our local community. They are always happy io hear from people with skills and cJ)mmilmenl who Qan offer their expertise lo the organisation. The ACA Trust8es are elgcled annually al its AGM. ACA Trusto0s for 202&2025 ara as lollows: Debrdre Mason- Chalr Yvonne Scott- Treasurer Iresigngd 16 January 20251 Jean Leader Rita Nears Ahrnad Saeed Sandie Avenell Mark Beesley (elected at the ACA annual ooneral me8ling 19 March 2025, r8sign8d Septernr 202SI- The day lo day runnSNg ol the community centre is undèrtaken by paid membgrs ol staff, includiro a Centre Manager, two EPSP Piojecl Goordinalors and a Caretaker who are supported by volunteers from the loeal community. PAwcturg govgrn•n¢• and managemgnt The Athroyd Community Association I"ACA'I 15 a charitable company limited by guarantee, registered as a charity and incorporated on I S March 2002. The ¢tsnslilulion IArti¢les of Associalonl coMSeS the goveming documents lor the charity by eslablishing the objects and Ihe mefflber5hip lor the charity, in the event of Ihe charity being wound up. members are required to contribute an amount ntst exce8diro £1. The Board ol Trustees wrns Its slr&nglhen governan¢¢ by actively seeking OLrt Tiuslees w¢th specifi'c skills to strengthen the Board. The Board will continue Ic* monilor and update wli¢ies to keep Ihem COMnt. Ackroyd Community AO¢l•ll0n (ACA} Ackroyd Community Association IACAI has been dellvering $9rvicBs to the local community Sin 1977 wh8n due lo high community deman¢J, loca resldgnts and the Local Authority set up a community Centre. The centre has continued lo grow and evolve over th& years to ¢atar lor loc need and continues to ben91it from strong local support. ACA'S rnission slalement Is'.'to provlde quallly and affordabl6 $ervi¢es the local ¢ommurrity'. ACA dèlivers this oblective by surporting comfflunity whesion and community development though Ihe provision ol a physical communSly hub at Ihe Ad(rayd Community Centre, which provid&s a regular home to cornmunity services and acliwlies ot benefit lo the needs of all sections ol the local comThunity. The Ackroyd Ggrnmunity Cenlre bgnellls Irom having a number ol ltrng-term resident user4Jroups base(1 al the centre who prowde activities In the following areas: • For ohildren and families For th& over 55's • Inlorrnation and support • Sport and leisure Special interest fesldenl. community and faith groups Page 2
Ackroyd Communlty Associatlon (Llmiled by Guarantee) Trusieas report The Ackroyd Centre is based in the Croft¢n Park ward and is used predomlnanlly by tho local Cornmunity living in Clofton Park, Honor Oak Park and Forgst Hill., however, people from across the Borough ol Lewisham use the centr&. Th8 Ackroyd Centre provides hall space, meetings roorns, office space. an outdoor play area, a kitchen and dinlng area which ara all usèd on a daily ba51s by our resideni usai-group5. The Cgnlre hosts Pitta PalEa Day Nursery, Acom After-school Club, Breakfast Club Holiday Scheme, play and leaming a¢livilies and parent and carer support groups. This enables a number ol indivlduals, btjl holistic services lor chilthen and families, lo co8xisl at one community hub, promoting partnership working and aessIbIlity by the communily to various complemenlary community services under one roof. AGA also directly delivers a wde programme ol community seNi¢es ar¥J leisure activllies for the over 55's at the nlre through Ils management ol the Elder Pgople's Support PTOjed. The ¢entre currently operates almost at lull occupancy. The main hall is now lully booked every wgek. The Small Hall (OB Rootnl still has capacity Iwl ability lo hir9 depends on activitl8S that are compatible with sometimes noisy children's activities in the main hall. However, new users have been approaching the Centre and gaps in schedule5 ale beirrfJ filled. We hire lor children'5 parties on Sundays and school holiday lime which has increased hire revenue. A local brass band uses us lor practice following consultation wllh neighb)urs. Pitta Patta nursery lor babies has brought a(>Jed bènelll lo parents in OUT locallty as w911 as increased revenue. Our ¢èntre user¥roups include: Acorn ChSldren's Club- breakfast club. after school club and holiday scheThp & play & slay groups CLir&s Pilales Classes C32 Line Dancing • Lewisham Concprt B . HaeY Comet Theatr& School Elder People's Support Project- activities for the over 55's . Pitta Patta Day Nursery Siudio 23 Shu Ho Jujitsu Ackroyd Childminders Group . DJG Aerobics Managemgnl Ot the Ackroyd Communlty Centro Sarah Edmonds is the Centre manager and, with Sandra Peirin as EPSP project leader, bolh work hard to reinstate popular events such as coach trips and EPSP partles. We are keeping the weekly Wednesday morning EPSP so¢ld as a Warm Spaces event for users. Sarah Edmonds has been dillg8nt in se8ing that no opportunty vAthin the tems ol the cenlre'$18ase Is missed lor u$ing our space effectively and bringing in venue. This has been a much less costly year lor the MnIonanCe ol the centre. Inevitable wear and tear and Sm1 malnlenance issues have beèn et with promptly and elliciently. We hav8 a reliable plumber and el[11an on our trxjoks and a centre user who ha5 be8n very helpful as a handyman lor sm¥l, safe repairs. The trAJild'ng is generlY in good repair and Comfortable for user groups. Eld•r Poopl8s Support Projèct IEPSPI EPSP continues to provi classes, socjals and oulings fer those aged over 55. Our mernbgrship Stands al 105. showing an improvement in numbers attending. We prgvide 8 classes per week, Our Wednesday socials providè companionship, quizzes Bingo, Arts & Crafts, sing-a-longs. guest speakeTS elc. Our monthly social sessions and ChTlStmas Paty are well attended. We arraroe coa¢h lrips, Including ihe seaside, boat trip, cream lea etc. The Associatlon sincerely thanks all thos8 organisalions and individuals, which have fund@cS, supported and othewis8 helpod the Ackroyd centro to be and lo achieve during the 2024-25 financial year. We look fOard lo your continuing support in the year ah&ad. Page 3
Ackroyd Communlty Assoclation (Llmlted by Guarantee) Trusiees report London Borou8h ol Lewlsham Main grants funding from the Community and Cultural Development Division for more information V151t www.lewlsham.gov.uk. The funding s for the Elder Peoples Support Project from April 22-25. Publlc Benèflt Tho dirèctors confirm that they have compiles with the dirty in section 17 of the Charilios Act 2011 lo have due regard to public benefit guidance published by the Charity Commission. Ackroyd Community A8souallon promotes growth and su81nalIIY of Ihird sector enterprise by suppprting several resident organisations with subsidised rent and by providing guldance and signposting lo trwning best practice. The subsidie5 with Ackroyd Community Association applles lo user group rents, Ilke Acom children's Glub enable these groups to otter chilclcar& services lo familles at a more affordable rate, th8reby supporting parental aceass lo work and education. We retdn good communication wlh Lewlsham Councll officers on issuos affecting the cenlrg. The work ol ACA'5 Elder Peoples Support Projeet I"EPSP"I falls Into Ihree nmin strands: well-b81ng, education and social. EPSP prowdes about 450 sBssions a year. For many EPSP members, these activities help ensure their positive mental and physical well-being, reducing loneliness and isolalion, so lowing them lo ag& well. while Supporting both national and Iwal govtsmment commilment lo prc*mote hoalthy lileslyle. FlnJn¢lal Revlew Tha Chaiily can report a surplus on unrestricted funds lor the year ol £t3,59612024 delici1= £4,473). The eharily's lunds stood al £36.274 al 31 March 202512024: £25,092). This comprises £16,773 01 unrestricted general lunds12024.. £3,177) and £19,5010l restricted funds12024'. £21,915). Total incoming resources lor the year were £119,06212024.' £105.9801. This includes £20,00012024'. £20.0001 funding from London 8orouoh ol Lewsham. RoseNe8 Pollcy The dif8clors committee of the Ackroyd Community Assodallon has a reserves p1¢Y ol mntaIning reseNes lo cover three month anticipated expenditure, including wages, utilities costs elc. This is currently achieved, wilh free reseNes amounung at 31 March 2025.. £16,23512024'. £2.90n. Rl$k agS68smont The directors, committee has uNlertaken an assessment ol the risks la¢gd by the organisalion. Future funding. Fensions obligallons, strength of ihe direclors commlllee and pressure on staff were seen as key areas ol risk. These risks were seen as being manageable and a schedule ol review of the iligalion measures agreed will be m&nl&ned. The organisation has, over ihe past financial year, Increased revenue via a new higher-paying nursery and by raising hire charges lor other users. It has made cuts to the cleaning schedulo but without compromising the safety and hygiene standards necessary lor users. The Ackyoyd has switched energy provider for a b6tter deal and is pressing on all us&rs the need to conserve energy. Any opportunity io hire oul space during holiday periods that is in accordance with our lease has teen taken, eg, rehearsal space lor theatre or muslc gyoups. Page 4
Ackroyd Communlty Association (Llmited by Guarantee) Trustees report Stal8ment ot Tru6109s' Rgsponslblllll&s The trustees (who are also the dlreclors ol Enlelechy Arts Limltod lor the purposes ol company lawl are responsible lor prgparing the trustees, report and the financial slatements in a¢¢ordance with applicable law and United Kingdom Accounting Standards (United Kingdom Gènerally Accepted Accounting Praoticel, Snclwling FRS 102 'The Financial Reptsrting Standard applicable in Ihè UK and Republlc ol Ireland" Company law requires the trustees to prepare financial statements lor each financ1 year. Under company law Ihe Iruslees musl ngt approve the financial statements unless they are satisfied that they give a true and fair vlew gf th& slate of attairs ol the charitable cornpany and of the incoming resourc&5 and applicallon ol resources, including ils incom? and expenditure, of the charitable company lor Ihal p9riod. Sn preparing these linancSal stalemenls, the Iruslegs are required lo: . select suitable aocxjunting policies and apply them consistenUy- observe the methods and principles in the Charities SORP.. make judg8ments and gslimates that are reasonable and prudent- state whether apIcable accounting slandards, comprising FFIS 102 have b8en followed, subject to any material departures disclosed and explained in the flnanciaj slatements,. and prepare the finanryal staternen15 on the going concern basis unless11 is in4)propriata to prgsume thai the tharilthe COfTpany wlll conlinue in busine55. The trustees are responsibl& lor keeping proper aco)unllng records that can disclose with reasonable 2ccur&y al any lime the financial poslllon of the charitable company and enable them to ensure ihal ihe financial statements CDmply with the Companies Act 2006. They are also responsible lor safeguarding the assets ol the charitable company and hence lor taking reasonable steps lor the prevention and detecllon ol fra and olher irregulariligs. The trusiees are responsiblè lor tho mwntenance and integrity ol the corporat8 and financial inlomiation Included on the charitable company's website. Legislation goveming the preparation and dissemination ol financial statements may differ from legislallon in other jurisdictions. Small company provlslons Thls report has been prepare(J in aco)rdan¢e with the small companies, reglme under the companles Acl 2006. Apwoved ty the trustees of the charity on . 2¢24" and signed on SIS behalf by.. kA*sc Deirdre Mason Chair Pagè 5
Ackroyd Communlty Association (Limited by Guarantee) Independent Examlnerfs Report to the tru8te88 of Ackroyd Communlty Association I'the Compan> I report to the charity Irustges (who are also Dlreclors lor the purpose ol company lawl on my oxamination of the accounts ol the Ackroyd Community Associalion I'lhe charitable company'l lor the year ended 31 March 2025 which ¢omprisg the Statement of Financial Activities. the Balance Sheet and related notes. This r&port is made sol8ly io thg Gharity's trusleas, as a body, in accordance wlth section 145 of the Charllles Act 2011. My work has bagn undertaken so that I might slate lo the charity's trustees those matters l am reqLJired io state lo them in this reFNJrt arKI for no other pUoSe. fo the lullesl exl¢nt permitted by law, I do not accept or assume responslbility to anyone other Ihan the charily and the chamly's Irustee5 as a body, for my work, lor this report. or for the wnions I hav8 lomed. Rosponslblllllgs and basls of report As the charity's trustees DI Ackroyd Conynunily AssociatlDn you are responslble for the preparation of Ihg accounts in accordance with the requireTnents ol the Companies Act 20061'lhe 2006 Act'l. Having satisfied myself that the accounts of Ackroyd Community Association are not required lo be audiled under Part 16 of tho 2006 Act and are eloibjg lor independent examination, I report in respect ol my examination ol your charity's accounts as carried out under section 14S of the Charilies Act 2011 14he 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charfly Commission under section 14515llbl ol the 2011 Act. An independent examination does rtol involve gathering all the evidenco that would be required in an audit and consequently does not covèr all the matters that an auditor considers in giving their oplnion on Ihe financial statements. The planning and conduct ol an audit goes beyond the limited assurance thal an ndependenl ftxamination can provide. Consequently l express no opinion as lo whether the financial slalemenis presènt a 'trLJe and lair. wew and my rewrt is limited to those specific matters sel oul in the independent examinar's slalemenl. Independent oxomlnor'$ ètatèment I have completed my examinalion. l ¢onfim that no matter8 have corne to my attenlknn in conngcty'on with the eyamlnallon glving m9 cause lo b&lieve'. 1. accounting recort1s were nol kept in respect ol Entelechy Arts rnIted as requlred by sgcbon 386 of the 2006 Act., or 2. the accounts do ncst accord wlh those recoFds" or 3. the accounts do not cornply with th8 accounting requirements of section 396 01 the 2006 Act other than any requirement that the accounts give 8 Inje and lair view, which is not a matter considered as part ol an independent examination- or 4. the accounts have not been prepared in accordance with the methods anrt principles ol the Slal8menl of RecornmendeLI Pradlce for aeeounting and reporbng by charities aFplicable to charllies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding ol the acc¢)unts lo reached. TSM Sullivan FCA Fle Sullivan Limited 9 Hare & 8illel Road Blackhealh SE3 ORB Page 6
Ackroyd Communlty Association (Limiled by Guarantee) Slatement of Financlal Actlvitie8 (Includlng Incorne and Expendlture Account) For the year onded 31 March 2025 Unrestrkted Re5Cted Total funds funds 2025 lthrestrlcttd Re5trlrted Tot&Tlfvnds fvnds 2024 lttcome Donatrons and legaues Charith actNilies Clher tradiry acbv11S Investmen Not89 20.694 1&591 3,605 20,694 94,295 3,755 318 3,020 60,454 ÈS. 142 15,497 3,545 26,162 75.957 75,704 150 187 113 322 76,041 410 119.062 63A87 42,393 105.980 Expendltur•'. Rw5ino funds Charilabk actiyiknes 149 4&286 149 107.7S1 87 48.435 87 It6,495 62.445 68,060 Totsl ompandhure 62.445 45,439 107, 68060 4W 116,582 Net Incornell•xpe*dKtsvel b8loro transfevs 13,596 12,4141 11.182 (4,473) (6,12St) (10,602J Transt8T be¢•n lund# Net movement In 13,596 12.4141 11,182 (4473) (4129) (10,6021 ReEondll•tlon ollunds Total fund5 brojghi fcrfward 3,177 21,915 25.092 7.65Q 28,044 S5.694 Tol•1 luftd8¢¥vlgd lorward 16,773 19,801 36,274 3,In 21,915 24092 Th& statement ol finaTr aCtieS Includes a11 gains and losses rn1$d In the year. All Income and ÈxpendRui8 derfves Irom MInUIng actiwlies. The statemeni ol Il•ancial comWi8$will the requir8mentsforan income and bxp8nditure a(xount underthe Corfpank8s Au2(M)6. The notesoD pagas 9-18 form pail of thes& account5. Page 7
Ackroyd Communlty Association (Limited by Guarantee) Balance Sheel As al 31 March 2025 Not8 2025 Flxed asgets Tangible Assets 10 538 1.077 Current asgets Dèbtors Gash at bank and in hand 11 10.405 39.024 12.929 25.624 49,429 38.553 Llobllltles: Creditors.. Amount Iling due wllhin one year 12 113.6931 { 14,535) Not CUfTgnt 8$89ts 1 (Ilabllltl8s} 35.736 24.015 Nèt 8ss•tg 36,274 25,092 The funds of tho eharlty- Restricted income tunds Unresiriued incDW8 funds General reseN6 19,501 21.915 16,773 3,177 Totsl ¢h8rlty funds 14 36.274 24092 The charity IS 8nbtled to the exemptlon frorn the a111 rgqulrement contaired in section 477 of the Compan9 Act 2006, lor Ihe year ended 31 March 2025. No member of thè ehanty has deposited a nol¢e, pursuant lo section 476, requiring an audrt of these account$. The directors ackn08d9e their responsibilrtles for Complying with the requlrements of the Act with res¢1 ro a¢countiro records and th8 pr8paralion ol accounts. These h'n8n¢ial statements have been prepar8(l in accordance wth the special provisions ol Part 15 01 the Cornpanies Act 2006 reLqtinu to 8mkll companies. The notes on pag$s 9-18 lomi part of these a(xounts. The accounts were awrovgd by the Board on ....... Trust80 Charlty Aeglstratlon l•>. Ccthpany Reglstratlon N Name 1097160 4396054 Paoe 8
Ackroyd Community Assoclallon (LSmlled by Guarantee) Notes to Ihe flnancial slalements lor the year ended 31 March 2025 Statutory Inforni8tlon Ackroyd Community AsSttCiati¢n is a charitable Mpany, Ilmlted by guarante8, registered In England and Wdes nuMr 04396054, charlty number 1097160. The charitabl¢ company's registered office aédress is.. 9 Hare and Blllot Rd, London, SE3 ORB The charitable companW$ principle place of businèss is.. Ackroyd Community Centre, Ackroyd Road, London SE23 IDL The functional currency is sterling. A¢¢ountlng pollcl•$ Basls ol prèporgyon The financial statetnènts have been prepared in accordance with Ac¢ouniing and Fleporting by CharitEs'. Statemenl of Fiecommended Prauice applicabl8 lo charliles preparing their acwunls in aecordance wth the Flnancid Reporting Standard applicae in the UK and Flepublic ol Ireland IFRS 1021, Icharities SOFIP FRS 1021 and thg Companles Act 2006 and Gttarities Act 2011_ Assets and lith'litles ar& Initially recognised at h1$torfc cost or transaction value unless othetwise stated in Ihe r8levant accounting policy noto1$1. 2.2 Public b•n•tit entlty Tho charftablo company meets ffte dèlinitlon ol a public bènafit ènllty undgr FRS 102. 22 Going ¢onc•rn The trustees rècognise that reserve5 are low and have put strategie8 In piqee to reduce costs and increase in¢ome to support the increase ot future resep4e balances. Reserves have been deplèted this ygar and last Je to necessary structural repairs to ènsur8 tho integrity of lh8 fabric ol the buildiro. The trustees do not consider that there are any sourcey of estimation uncertainty at the retKJrting date that have a $ignrfi¢ant rlsk ol causing a rnatarial adjustment to the ¢arrwng amounts ol assets and liabil¥tl8S wtthin th8 next reporting perigd. The charilable company is exempt frorn preparing a cashllow statement under tha small enlily provisions w1h1n S1A ol FRS102, 2.4 Judgements and key Sources of estlmatlon un¢ertalnty In Iha ap1¢atn of the Company's accounting polieiès, the trLAStees are ruIred lo makè judgements. estimates and assumpllons atK)Ut the carrying amount of assets and liabilities that are not readlly apparant from other SoUrs. Thg 951imates and associatèd assumptions are based on historfcal experience and otherfactors that are cOnSered to be relevant. Actu r¢¥uRs may differ from thes& estirnales. Th8 estimates and underlyfjng assumptions are revw8d on an ongoir4J basis. Revisions io accounling e5tirnatas ar8 recognised in the peri¢d$ in which the estimate 18 rawsed where rev10$ affrgcts only that pariod, or in the period ol the revision and futurè periods where the revislons affects tr1 currenl and futur& periods. Page9
Ackroyd Comrnunliy Association (Limited by Guarantee) Notes to the Ilnanclal slatements for the yoar ended 31 March X)2S: conunugd 2.5 In¢om8 Ineorne is recognised when the charity has enlltlement to the fund5, any perfomance ¢ondilions atiaehacl lo the incDm$ have been met, it 1$ probablè that the income will be r$¢eived and that the arnount can b measured reliably. Where donations and grants are restrted to future aceountiwJ peri¢)ds or have impts$ed conditions before the charity has entitlement, they are deferred and recognised in tho$8 future accounting periods. Grants lor imm6diale financial support and assistance, o¥ to reimbuTse ¢osts prevlously incurred, are recogni8ed immediately. Inc0rn9 from eharilable activities includ85 incorng racognlsed as ewned las thè related goc*Js or serv$ are provided) undar contract. 2.6 Intere¥t re¢tslv8ble Interest on funds held on deposit is included when receivable and the amount can be mgasured reliabty by the charity., this is normally upon notrtication olthe intwèst paid or payable by the bank. 2.7 Fund accountlng Re$lri¢t8d funds are to be used lor 3pecific purposes as laid down by the donor. ExpeThliture whlch meets these criteria Is charaed lo the ftjnd. Unrestricted funds ar& donations and other Incoming resourcas fecaived or generated and aro avallable for use at the trustee5' discrgtion in furtherance of the charitable objectivès. Designated funds are unresirfcted funds set as¢de at the thseretion of the trustees for spe&fic purp08es. 2.8 EMndItuTe and 15 of #pportlonlng Costs Expenditure is recognised once there is a legal or ¢onstructive obligats'on to wnake a payment to a third party. il is wobable that 89ttlèment will be reqLsired and Ihe amount ol the obligation can be measuT8d liabty. Expendlture Ss accounted for on an accruals basis with the irrecoverablè element ol VAT includ with the item lo which h relates and has been classified under headings Ihat aggregate all Ix>sts related to the category. Expendifure is ola$8rfiod under the lollowlng a¢tivity headinos.. Ralslng lund¥: Costs tsf raising luThgs relate lo the costs ineurred by the charitable company in Inducing third parhes to make voluntary contributions to it. as well as the c05t of any actpii119s wlth a fundraisi pur$? Charltsblg adivltos: Expenditure on charitable activrtias includes the cost> ol delivering services a1 activitiès to benèfici¢es and their ass0¢iated $upport costs and other a1vib¢S ul&rtaken to further the purp05eS Otthe ¢harity- 2.9 Tangiblè fSx•d aa$ets and depreclatlon The charitable company op?rale$ a policy ol capitdising fixed asset items costing over £350. Tangible fixed 88sgls are stated at cost less depreciation. D8preclatlon is provided at rates calculated to write off the ¢o$t less èSilmat6d r6sidual value ol each a&8Ot over its expected useful life. The principal annual rates used lor this purpose are.. Officè and kltch8n equipment 25% on cy)st 2.10 Loaslng and hlre purchaye commitmert$ Rentals Payab are charged tts the siatèm8nt ot Financial Acliwli¢s on a $tral9ht lino basis over the temi of Page 10
Ackroyd Comrnunlty Association (Limlted by Guarantee) Notes to th• linanclgl slatements tor the ye•r ended 31 March 2025,. conllnued 2.11 Cagh gt bank and In hand Cash ai bank and in hand includes cash and short term highly IKiuitt investments. The trustees seek lo use short ierm deposits to maximise tha return on monie5 hekl al the bank and to manage cash flow. The charitable ¢(>mpany only has financial assets and financial liabiliD'es of a klnd that quatify as basi¢ financial instruments. Basio linancial instruments are Initlolly recognised at transadion Ve and subsequeniiy measured at their settlèmèni value with Ihg 8xceptlon of bank loans which are subsequenlly measurad at aTh)rt15ed Cost using the effech've Intere method. 2.12 Debtor¥ Trade and other debiors ar& recognised at the settlement amount due after any tTade discount offerwl. Prepaymenis are valued at Ihe amount prepaid net of any trade discounts due. 2.13 Credltors and provl$ions Creditors and provisions are r8Gognised where the charitable ¢ompany has a presènt obligation resulting from a past event that will probably result In the transfer ol fund$ to a third paty and the arnount dtse to seltlè the obligation can be measured or estimated reliably. Credltors and provi$ion$ are nomially recognised at thèir settlement amount after allowing lor any trade discgunts due. 2.14 Fundralslng A¢kroyd Cornmunity Association doesn't use 3rd party lundrasing organisations. Funds are raised through Indivklua donations, grants from Trusts, Foundations and Government orants and contracts. Some fundraiyng 8vents have also been carried out. 2.15 Penslong The charitable company now operates an Auto Enrolmenl defined contribub'on pension scheme. Contrityjtions are charged tts the Stsiement of Finon¢ial Aetivities as they ar8 incurred. Page 11
Ackroyd Comrnunliy Associallon (Llmlted by Guarantee) Noles to the tlnancial statements for the year endgd 31 March 2025: continued 3 Donation8 and18gocl¢$ Unroslrl¢t9d R08trlcted Total Unr•strtct¢d Restrleted 2025 Total London Borough of Lewisham The Lee Charity Appeals and donation8 20,000 20,000 20.000 20,000 2,518 2,518 624 3,644 694 694 3,020 Tolgl 20,694 20.694 3,020 23.142 24162 4 Incom• from chadtabl8 a¢dvllbg Unrestrlct•d Rèstri¢tad Total Unreslrfct8d Aestrletad 2025 Tot81 2LV24 Rental income Aotivities 75,704 75,704 16,591 18,591 15,497 75,704 18.S91 94,295 14497 75,951 S Income from oth•r trodlng acttvltiès unr0strl9¢I Rostrlchd Total Unr•sfrlc¢•d Restri¢t•d 2025 Total 2024 Fundraising 150 3.605 3.755 3.545 1545 6 In¢ome from Investmènts UnrostrIct Rèstrleted Totsl Unr•strlel•d Reslrloted 2W25 Tot•1 2024 Interest re¢&ivable 187 131 318 113 209 Page 12
Ackroyd Communliy Associalion (Limlted by Guaranlee) Notes to the tlnancial stsloment$ tor the year ended 31 Mah 2025: eontlnu Analysls ol eypenditur& Charitable acuwiies Actmty eosts Support Costs Cost ol raising funds 2024 Tolal Note 21T25 Total Staff ¢tss Activltias, lunches, triPS Rent, rates, insuran¢e Llght. hgal. powgr Repairs, renewals Cleaning Telephone, Internet Adminisiraiion Depreciation (Xhèr costs A¢tountancy Independent examinatw)n Raising funds Totsl expendlture 2024 42,117 13,699 5,928 7,759 8,857 18,579 42.117 13,699 5,928 7,759 8.857 18,579 1,570 3,239 539 1,499 1,032 2,913 149 44.240 Y4.627 3,977 8,525 13.068 22,540 874 4460 1,570 3,239 539 1.499 1,032 2,913 1,368 1,248 149 8T 149 102,922 4,809 107.880 116.582 Unrestrlcted Restrlcted Of the lotal expenditure.. 2025 £ 62.445 £ 45,425 2024 £ 68,060 £ 48.522 An8ty818 olexpondltur•- prlorye8rcomparallv• Charitable activities Activily Msts Support cvsts Cosi of ralsing lunds 24 Tot81 &affcosts Activities. lunches t Rent, rates, insurancg Lh1, hèal. power Repaits. r8newals Cleaning Telephone, intsmel Administratlon Depreaatio Other cosls Accountancy Independent 6xaminafton aisino funds rotalexpèndlturn 2024 44,240 14,627 3,977 8,525 13,068 22,540 44,240 14,627 1977 4525 13.068 22,540 874 a480 934 1.366 1,248 2,634 87 874 2.460 934 1,368 1.248 2,634 87 87 113.161 1334 116,582 Page 13
Ackroyd Community Association (Llmlled by Guarantee) Notss to the flnanclal ststomentg lor the year endad 31 March 2025: continued Incom? for lh• year 2025 2024 The nel income for the yèar Is ststed after charglng.. Indepgndènt Examination 2,913 statt ¢0sts Slaff CD8ts during the year wgre.. 2025 2Q24 Salaries and wagès Social sUr1[Y costs Ernployèr's contribution lo defined ¢onrrtbution penslon Schem88 41,204 43,097 913 1,143 42,117 44,240 Nurnr of •rnployee$ The average monthly number ol ernployees during the year was.. 2025 2024 Charttable adivi1188 Th¢rg re no ernployees whose annual rgmuneratlon was £60.000 or more 12023- n). The key management perstsnnèl of th& charitable company are the trusl8•s. w) do not receive renumeration (2024- nil?. Page 14
Ackroyd Community Assoclatlon (Limited by Guarante?) Noles to thè linanclal statsm&nt$ for the yoar fjn(d 31 March W25: continued 10 Tanglble flxod a5$&ts Fixtures, tlttlngs & equlpment Cogt: At 1 April 2024 Additions 4,181 At 31 Mar¢h 2025 4181 Oepr8cl8tlon: At 1 April 2024 DredatIOn in the year Eliminated on dSsposal Al 31 March 2025 S.104 539 3.643 Nèt book value: At 31 Kqarch 2025 AtS7 March 2024 1,077 11 Oebtors Du• wSthin yaar: 2025 2024 Trade debtors Accrued incomg and prepaymen15 5.769 4.636 6.326 10,405 12,929 12 Cr•drtors Amounts lalllng duo wh1n on¢ Yr. 2025 Trade CTeditors Social Securily and other laxe5 Pension Accrual$ Defelred iroome 8.060 6,240 330 165 5,468 4,968 3,000 13,693 14,538 Page 15
Ackroyd Community Assoclallon (Llmited by Guarantee) Notes to tho flnan¢lal statoments lor tho year gndgd 31 March 2025: conlinuod 13 Anal& of n•t ovJ&ts between fund$ 2025 Totsl fuftd* Unfestrlct•d lund$ Reslrfclod lund$ Fund Balancas * 31 March 2025 are repre8enlod by.. Tangible Fixed Assets Current Assets Creditors.. Amounts falling due wthin ong year 538 28,182 $38 49.429 21,247 111,9471 { 1.7461 113,6931 Tot81 no108$frts 16.773 19,501 36,274 Analyg19 ol net a¥s•t$ 1th8on tundg. prloryear ¢ompar•llvo 2024 Total lunds Unrestrleted lunds Resfv7Cted fvnds Fund BalanGes at 31 March 2024 are iepresenled ty.. Tanglble FlxedAssets Gvrrenl Assets Creditors.. Anounts fdling due thI one year f,077 58,553 16,Y96 22,358 (13.289) (1.250) f 14,538) Total netassots 1177 21,915 25,092 Page 16
Ackroyd Cornmuniiy Association (Llmlted by Guarantee) Notes 10 the flnanclal statements for tho yoar ended 31 March 2025: continugd 14 Movemoni In luntts l Aprll 2024 In¢omlng Outgolng Tr8nsfer$ 31 Mar¢h 2025 Re5trictgd fvnds Elder PeoFAe Sukwort Project 21,915 43.021 145,4351 19.501 Totsl r8gtrl¢ted Funds 21,915 43,021 145.435) 19.501 Unrestrlcted fvnd8: Gen$raJ funds 3,177 76.041 162.4451 16.773 Totsl unr8strlcled fund 3,177 76,041 162,445} 16,773 Totsl funds 25,092 119.062 1107.860} 36274 Movementin fvnds.prlorye8r¢ompwatiV8 l April 2023 In¢omlng Outgoing TrJrt$ler8 31 M8rch2024 Restrtctsdfunds Elder Peo8 SupportProie¢t 28,044 42,393 { 48,522) 21,915 Totslre8trlctedFund$ 28,Q44 42,393 {4¢522J 21,915 Unrestrlct8d funds." Doggmlod lund$ General fvnds 7,650 63,587 (68,060) 3.177 Totslunrestricled lunds 7.650 63,587 (68,060J 1177 Total funds 35.694 105,980 f 116582J 25,092 Purposes of restrfctsd lunds: Elder Peopl•'$ Support Project- EPSP tY¢vides activitie5 for ovor SSS in the local area. We have always kept EPSP funds separate frotn ACA funds with separate bank accounts. atthough ic is an ACA project. London Borough of Lowisharn gwnted the EPSP pro5e¢l £20.000 in the year (2024.-£20,OQOJ. Page 17
Ackroyd Communlty Associatlon (Llmlted by Guarantee) Nolgs lo Ihg linancial ststgmgnls for Ihè erKJed 31 IAarch 2025: contlnue(I 1S Taxatlon The ¢haritable company is registered as a charity and all ol its income 18lls within the exernptions under Part 11 ot the Corrath.0n Tax Act 2010. 18 Related partiey There are no donations frutn relat8d parties which arè outside th8 normal course of business and no restricted (k)nalions Irom related parties. 1 trustee 18 alw a tnJste& of user group Arn Children's Club, a further COpied trustee, stepped down in Jan 25, is owner of user group Studio 23 Performing Arts, the aggregated incorne in th? ygar 1$ £24,44312024.' £18,706). 17 Tru$tso$ None of Irusiees lor any person connècted wlth theml recelved any r8munpralions from the charity durlng the year. No r¢imbursements were rnade to Irus18ès in 2025 (2024 -nil) for travelling and other expens95 and no payments were made alre to third parties. 18 Ponslon and othor p)sl•retlr•m•nt b•n•fll eornrnllments 08lined coniribuibn 2025 Contrlbutions paYae by tha company for the year 913 1,143 At 31 March 2025 pension liability of £165 was oulstandlng (2024.. nil). 20 Llablllly of mgrnbovs Ackroyd Community As50cialion is a ¢tsmpany limited by guarantee and has no share capit. In the event of tho cprnpany being wound up, the liability of the members is limit to £1 each. 21 Ultlmate eontrolllng party The charitable company was under the conlrol of the Iru*a8s during the perio(l under Teviow. There Is no single ultimate controlling party. Page 18
Ackroyd Community Association (Limlted by Guarantee) Notes to the financial statements lor the yoar •nd•d 31 March 2025: ¢ontlnued 22 Addltlonal infonTration for EPSP 2025 2024 Elder Pwpl• Support Project Brought lorw•rd balaneo 21,915 28,044 In¢omlng funds Donalions The Les Charlty Lewisham main grant Activitie$ Fundraising 8ank Intèrast 624 2,518 20,(0 15.497 3,545 209 20.000 18,591 3,605 131 Total In¢omlng lund8 43,021 42.393 Experrflllure In the J*8r Salaries Activities.. ¢las$gs Administrallve ¢05ts Attouniing Indepgnd9nt Examinallon OlheT Rant to Ackroyd TephOne Fundraising Depreciation 21.700 13,699 208 516 1,4S6 283 7.092 332 149 23.838 14.627 573 624 1,317 6,719 463 87 269 Total EPSP exp8ndllure 45.435 48,522 Not Ineomellexpendlturel In the ye8T 12,4141 16, 129) Total EPSP lund¥ c8rr1ed forward 19.501 21.915 Pag& 19