2025-03-31-accounts

GADEBRIDGE YOUTH CLUB (Referred to as The Annexe) Reg. Charity No. 302367 Tel: [phone] Email: [e-mail]

TREASURER’S REPORT – 20 October 2025 Year ended 31 March 2025

The twelve months to 31 March 2025 has seen considerable work completed in many areas.

First of all, some of the costs. We have been negotiating with PRSPPL regarding their claim that 100% of the hirers earnings are all liable to receive 1% of both PRS and PPL plus VAT. At £665.09 plus VAT of £133.02 totalling £1,596.22. We were obliged to draw form our contingency fund to fulfil their claim of £5,612.44. We continue to challenge this with them. We have taken advice on a pro bono basis to continue the lesser fee but they have the right to claim. We continue to see what we can achieve.

We have been able to utilise some of our accrued funds to complete projects of £6.894 in addition to our materials and maintenance requirements.

We continue being a trithing Association. I am able to report a capable ability to foresee a continuing future; not least that we need to carefully consider the hirers tariffs.

We also continue to receive the benefit of our utility guru who has been of great help in keeping a most helpful involvement in finding us competitive rates.

As a “Not for profit” operation it is important that we manage our costs, appropriate our incomings and consider it prudent to have a minimum reserve fund of 50% of our costs. Our Centre Manager is our only fulltime paid member together with a part-time assistant.

We also have the unpaid Trustees who are regularly and positively supportive in the monthly management meetings. Our chairman is among them, continually searching for grants and, in accord with the constitution, we are all unpaid.

We have no cautions and reports to declare. We also received a grant amounting to £1,750. We had no Government grants.

We continue to have a good rapport with DBC, our landlord. Our Centre Manager continues to have a strong liaison with them. Equally, the Trustees liaise with the Centre Manager in his efforts for the Association and is dedicated to one and all.

Equally we have a non-profit approach as dictated by our constitution. Inbetween I keep a critical eye on income and expenditure and manage the expenses closely. I would suggest this satisfies cautions and ambitions.

I can also confirm a NIL return under Reporting Serious Incidents, and under our Legal obligation that there are no other matters which should be brought to the attention of the Charity Commission.

And as always, I repeat and extend my grateful thanks to all who have contributed above and beyond the call of duty. I include in those thanks our Chairman of Trustees and fellow active and holding trustees and supporters and, of course, our paid staff. Without them we would not be in the position we are. I also acknowledge the contribution from our independent examiner which is, as always, gratefully appreciated.

Thank you one and all

Roger M Taylor FCIB Managing Trustee and Treasurer

GCA

Month by month accumulated income & expenditure 01 04 2024 to 31 03 2025 (The Centre and The Annexe combined)

Hirers Preschool Donations Grants PRSPPL	Running total 66,509.02 £ 26,500.00 £ - £ 1,750.00 £ 2,187.00 £
	96,946.02 £

Grants and Projects

We received a Grant of £1,750 towards projects of £6,894 We had a dispute with PRSPPL dues. £2,187 earmarked from 2023/4 and a further sum of £3,425 for 2024/5. We lost the case and settled £5,612. The whole issue is being reviewed with the assistance of a neighbourhood community association who have had the same issue. The defribulator is still in hand with the suplier. The dedicated grant for enhancing is still in hand. The County Councillor grant is still in hand.

Brought forward from 31 Mar 24 Income Expenditure Bank balance as at 31 March 2025	99,566.28 £ 96,946.02 £
	196,512.30 £ 100,779.07 £
	95,733.23 £

Expenditure to 31 03 2025 Wages deposit refunds IT Gas Centre Gas Annexe Elec Centre Elec Annexe Phone Centre Phone Annexe Peninsula JS Exps Materials and Maintenance M & M Annexe Water Centre Water Annexe Bank Charges Insurance Centre Insurance Annexe Projects Legal fees CCTV Banhams (alarm) TV Licence DBC Mixed waste Bin licence fees Window cleaner Membership Selsius Annual rental Annexe PRSPPL IDIS Alarm Annexe PHS Surplus/Deficit to date balance as at 31 Mar 2024 balance as at 31 Mar 2025 G48-C50 must = 0	Running total 46,253.18 £ 725.00 £ 877.54 £ 4,605.03 £ 1,649.04 £ 7,621.83 £ 3,542.26 £ 1,564.91 £ 773.89 £ 4,723.45 £ 420.00 £ 3,194.72 £ 2,863.29 £ 310.65 £ 257.92 £ 142.20 £ 2,374.99 £ 707.51 £ 6,894.46 £ - £ 1,241.28 £ 455.50 £ 339.00 £ 1,677.76 £ - £ 420.00 £ 40.00 £ 332.64 £ 250.00 £ 5,612.44 £ - £ 908.58 £
	100,779.07 £
	3,833.05 -£ 99,566.28 £
	95,733.23 £
	- £

Tel: [phone]

Email: [e-mail]

Prepared by R M Taylor from the books,

papers and bank statements

and reconciled with the bank account

Roger M Taylor FCIB

Trustee/Treasurer

Roger M Taylor Date: 25 July 2025

Examined by me from the computer

records maintained by the association

and reconciled with the bank statement

William Wyatt-Lowe

Independent Examiner

William Wyatt-Lowe

Date: 25 July 2025