COMPANY NUMBER: 4765911 (ENGLAND AND WALES) REGISTERED CHARITY NUMBER 1100458
RIDGEWOOD COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Adams Root Limited t/a Adams Root & Associates
Chartered Certified Accountants Bristol
RIDGEWOOD COMMUNITY ASSOCIATION CHARITABLE COMPANY INFORMATION
| Company Number: | 4765911 (England and Wales) |
|---|---|
| Registered Charity Number: | 1100458 |
| Trustees: | J Groves – Chair |
| R Churley | |
| M Williams | |
| C Sutton | |
| J Norcombe | |
| Secretary: | J Norcombe |
| Treasurer: | M Williams |
| Registered Office: | 244 Station Road |
| Yate | |
| South Gloucestershire | |
| BS37 4AF | |
| Accountants: | Adams Root Limited t/a Adams Root & Associates |
| Chartered Certified Accountants | |
| 86 Shirehampton Road | |
| Stoke Bishop | |
| Bristol | |
| BS9 2DR | |
| Bankers: | Barclays Bank Plc |
| Leicester | |
| LE87 2BB |
RIDGEWOOD COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025
CONTENTS
| Page | |
|---|---|
| Trustees Report | 1 - 2 |
| Accountants Report | 3 |
| SOFA | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 - 9 |
RIDGEWOOD COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES OF RIDGEWOOD COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Trustees present their report with the financial statements of the charitable company for the year ended 30 September 2025.
Principal Activities
a) to promote the benefit of the inhabitants of Yate and Sodbury and the neighbourhood without distinction of sex (gender) or of political, religious or other opinions by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupations with the object of improving the conditions of life for the said inhabitants.
b) to establish or to secure the establishment of a Community Centre and to maintain and manage, or to co-operate with any local statutory authority in the maintenance and management of, such a Centre for activities promoted by the Association and its constituent bodies in furtherance of the above objects.
The Association shall be non-party in politics and non-sectarian in religion. The Association shall have power to affiliate to the National Federation of Community Associations and to other organisations with similar charitable objects.
These objects and activities are achieved by the provision of comfortable and affordable accommodation.
Review of Business
The board of trustees are satisfied with the performance of the charity during the year and the position at 30 September 2025 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.
Fixed assets
Changes in fixed assets during the year are set out in the notes to the financial statements.
Responsibilities of the Trustees
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the profit or loss of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
1
RIDGEWOOD COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES OF RIDGEWOOD COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025
This report has been prepared in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small companies.
Approved by the trustees on ………………… and signed on its behalf by:
J Groves – Director and Trustee
2
REPORT OF THE ACCOUNTANTS
TO THE TRUSTEES OF
RIDGEWOOD COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025
We report on the financial statements on pages 4 to 9 which have been prepared under the historical cost convention and the accounting policies set out on page 6.
Respective responsibilities of the Trustees and reporting Accountants
As described on page 5 the Trustees (who also act as directors) are responsible for the preparation of financial statements and that they consider that the charitable company is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion to you.
Basis of opinion
Our work was conducted in accordance with the Statements of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charitable company, and making such limited enquiries of the officers of the charitable company as we considered necessary for the purposes of this report. These procedures provide only the assurance expressed in our opinion.
Opinion
In our opinion:
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a) the accounts are in agreement with the accounting records kept by the charitable company under Section 221 of the Companies Act 2006;
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b) having regard only to, and on the basis of, the information contained in those accounting records:-
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i) the accounts have been drawn up in a manner consistent with the accounting requirements specified in Section 249C(6) of the Act; and
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ii) the charitable company satisfied the conditions for exemption from an audit of the accounts for the year specified in Section 249A(4) of the Act (as modified by Section 149A(5)) and did not, at any time within that year, fall within any of the categories of companies not entitled to exemption specified in Section 249B(1).
_____ Adams Root Limited t/a Adams Root & Associates Chartered Certified Accountants Bristol
Date: …………….
3
RIDGEWOOD COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Note Incoming resources Income 2 Direct charitable expenditure Activities in furtherance of charity’s 3 objectives Fund raising Net incoming resources Interest Received Resources expended Wages and salaries-administration National insurance on administration salaries Pensions Training and welfare Cleaning Equipment Expensed Telephone and fax Stationery and postage Subscriptions and licences Donations Software and computer Advertising and PR Bank charges Companies House Audit & accountancy Other accountancy fees Legal and professional fees Insurance Sundries Bad Debts Total resources expended Corporation tax Net movement in resources for year Fund balance brought forward Transfer between funds Fund balance carried forward |
Unrestricted Funds Designated Funds Total Year ended 30/9/25 Total Year ended 30/9/24 £ £ £ £ 240,014 - 240,014 200,695 135,023 - 135,023 132,596 - - - - |
|---|---|
| 135,023 - 135,023 132,596 |
|
| 104,991 - 104,991 68,099 785 - 785 810 56,805 - 56,805 48,252 - - - - 1,883 - 1,883 784 1,319 - 1,319 658 2,874 - 2,874 3,053 - - - - 4,711 - 4,711 3,986 319 - 319 317 245 - - - 245 - 35 - 494 - 494 471 - - - 66 220 - 220 174 34 - 34 13 1,010 - 1,010 1,092 - - - 323 - - - - 9,271 - 9,271 9,214 69 - 69 59 - - - - |
|
| 79,254 - 79,254 68,497 |
|
| - - - - 26,522 - 26,522 412 180,563 - 180,563 180,151 - |
|
| 207,085 - 207,085 180,563 |
4
RIDGEWOOD COMMUNITY ASSOCIATION
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
| Note Tangible fixed assets Tangible assets 5 Current assets Debtors 6 Cash at bank and in hand Creditors Amounts falling due within one year 7 Net current assets Net assets Capital and reserves Unrestricted funds 8 Designated funds |
30 September 2025 £ £ 2,149 19,334 186,898 206,232 1,296 204,936 207,085 207,085 - 207,085 |
30 September 2024 £ £ 1,906 25,267 154,686 179,953 1,296 178,657 180,563 180,563 - 180,563 |
30 September 2024 £ £ 1,906 25,267 154,686 179,953 1,296 178,657 180,563 180,563 - 180,563 |
|---|---|---|---|
| 180,563 | |||
| 180,563 - |
|||
| 180,563 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provision in Part 15 of the Companies Act 2006 applicable to Companies subject to the small Companies regime.
Approved by the trustees on ………………….. and signed on its behalf by:
Trustee - J Groves - Chair
5
RIDGEWOOD COMMUNITY ASSOCATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1. Accounting policies
Accounting convention
The financial statements are prepared under the historical cost convention and incorporate the results of the principal activity which is described in the trustees’ report and which is continuing.
Income
Income comprises the invoiced value of goods and services supplied by the charitable company, together with grants and donations.
Depreciation and diminution in value of assets
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:-
Equipment, furniture and fittings 20% and 33% straight line basis
2. Incoming Resources
Income is attributable solely to continuing operations and derives from one activity as described in the trustees’ report.
| Unrestricted | Unrestricted | Restricted | Restricted | Total | Last year | Last year | |
|---|---|---|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Incoming resources for | |||||||
| acquisition of fixed assets | - | - | - - | ||||
| Revenue grants, legacies & | |||||||
| Donations | - | - | - - | ||||
| Operating activities in furtherance | |||||||
| of charity’s objects-charitable | |||||||
| letting of non investment property | 240,014 | - | 240,014 198,242 | ||||
| Activities for generating funds | - | - | - - | ||||
| Investment income | - | - | - - | ||||
| Other incoming resources | - | - | - 2,453 | ||||
| Total Incoming Resources | 240,014 | - | 240,014 200,695 |
6
RIDGEWOOD COMMUNITY ASSOCATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
3.
| Grants, legacies and donations | ||||||
|---|---|---|---|---|---|---|
| Government and public bodies | ||||||
| Yate Town Council | - | - | - - |
|||
| Dodington Parish Council | - | - | - - |
|||
| South Gloucestershire Council | - |
- | - - |
|||
| Sodbury Town Council | - | - | - - |
|||
| Total | - |
- |
- - | |||
| Non government and non public bodies | ||||||
| Heron Art | - | - | - | - | ||
| Baby Sensory Yate | - | - | - | - | ||
| Other | - | - | - | - | ||
| Total | - | - | - | - | ||
| Direct charitable expenditure | ||||||
| Costs of charitable letting of | ||||||
| non investment property | 134,293 | - |
134,293 130,827 | |||
| Depreciation of assets used | ||||||
| for charitable purposes | 730 | - | 730 1,769 | |||
| Total |
135,023 | - | 135,023 132,596 |
4. Staff costs
The aggregate payroll costs of these persons were as follows:
| Wages and salaries National insurance Average no. of employees during the year |
2025 £ 48,252 - 48,252 4 |
2024 £ 48,252 - |
|---|---|---|
| 48,252 | ||
| 4 |
No employee earned £50,000 or more during the year.
7
RIDGEWOOD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025
| 5. 6. 7. |
Tangible fixed assets Cost: At 1 October 2024 Additions At 30 September 2025 Depreciation: At 1 October 2024 Charge for the year At 30 September 2025 Net book value: 30 September 2025 Net book value: At 30 September 2024 Debtors and prepayments Amounts falling due within one year:- Trade debtors Prepayments and other debtors Creditors Amounts falling due within one year:- Other taxes & social security Accrued expenses Other creditors |
Equipment, furniture & fittings £ 30,404 970 31,374 28,498 730 29,228 2,146 1,906 2025 2024 £ £ 19,334 25,267 - - 19,334 25,267 2025 2024 £ £ - - 1,296 1,296 - - 1,296 1,296 |
Equipment, furniture & fittings £ 30,404 970 31,374 28,498 730 29,228 2,146 1,906 2025 2024 £ £ 19,334 25,267 - - 19,334 25,267 2025 2024 £ £ - - 1,296 1,296 - - 1,296 1,296 |
|---|---|---|---|
| 31,374 | |||
| 28,498 730 |
|||
| 29,228 | |||
| 2,146 | |||
| 1,906 | |||
| 2024 £ 25,267 - |
|||
| 25,267 | |||
| 2024 £ - 1,296 - |
|||
| 1,296 |
8
RIDGEWOOD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
| 8. 9. |
Unrestricted funds General fund Balance brought forward Movement in the year Transfer from restricted funds This fund is for general purposes with n Designated funds Yate Town Council Balance brought forward Income in the year Expenditure in the year Balance carried forward |
2025 £ 2024 £ 180,563 180,151 46,540 412 - 227,103 180,563 o restrictions applied to it at all. 2025 £ 2024 £ - - - - - - - - |
2024 £ 180,151 412 - |
|---|---|---|---|
| 180,563 | |||
| - |
9