ARENA COMMUNITY
Charity No. 1115569
Company No. 05116407
Trustees, Report and Unaudited Accounts
31 March 2025

ARENA COMMUNITY
Contents
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
2to5
Summary Income and Expenditure Account
Balance Sheet
9tolO
Statement of Cash flows
li
Notes to the Accounts
12to22
Detailed statement of Financial Activities
23to25
Page I

ARENA COMMUNITY
Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charity for the year ended 31
March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 05116407
Charity No. 1115569
Principal Office
l Rutland Street
Ilkeston
Derbyshire
DE7 8DG
Registered Office
Arena Church
Ilkeston
Rutland Street
DE7 80G
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Director5 and Trustees served during the year,.
A. Butcher
LJ. HARRISON
P.N. PYE
A. SIMPSON
(Resigned 24 April 2024)
K.P. THORPE
R.W. TYE
Company Secretary
H.M. Turner
Accountants
AHBS Limited
Naylor House
Mundy Street
ILKESTON
Derbyshire
DE7 8DH
Bankers
Natwest PIC
42 Bath Street
Ilkeston
Page 2

ARENA COMMUNITY
Trustees Annual Report
Derbyshire
DE7 8HF
Solicitors
Mr Ben Bourne
Ellis Fermor & Negus
2 Devonshire Avenue
Beeston
Nottingham
NG9 IBS
OBJECtIVES AND AcfiviTIES
To develop the capacity and skills of the members of the socially and economically disadvantaged
communities around where they operate in Derbyshire and Nottinghamshire, in such a way that they are
better able to identify, and meet, their needs and to participate more fully in society.
The purpose statement- to restore broken lives because everybody is somebody at Arena. The four focus
area5:_ To feed and provide resource for the disadvantaged, To provide quality housing, To train, educate and
rehabilitate, To make the Community liveable again.
ACHIEVEMENTS AND PERFORMANCE
We continue to see the world change at pace on a global level. Thi5 inevitably flows down to impact local
communities and this would certainly be our story. The changes in our nation - economicallyi
environmentally and socially, all impact people and Charities like ours.
This past year has been a necessary and intentional year of consolidation and streamlining. Our goal to help
and serve our community continues to be our driver particularly a5 we engage with people and families who
face severe pressure and hardship. This hardship then impacts them in many other area5 which includes
housing, well being, family life and physical health. So it's been important as a charity to cut costs where
Possible, streamline operationally so that we fulfill the true vision to practically serve people.
The limited staff team has been once again incredible in helping us serve IOOO'S of people this year. Our
volunteer team continues to grow and be strengthened and they show us how important they are if we are
to function effectively. The management and trustee teams work with passion and diligence to create the
necessary financial and operational structures to effectively function as a modern charity. adding any
necessary policies and systems that SUPPOrt the effective, diligent work of the charity.
As a charity we look forward and we do 50 With optimism. Whilst the world continue5 With a myriad of
challenges, we as a charity are now even better positioned to face the next few year5 With a strong team,
robust system5, a greater clarity and a confidence as we march forward with our mission "to practically love
and serve our world"
Page 3

ARENA COMMUNITY
Trustees Annual Report
CHRISTMAS
There were many needs a5 always and we continue to serve our community with hampers, selection boxes to
local schools, toys to children in need and practical ways of help where possible.
We ran kids activities during holiday times and Easter eggs were also given away to schools in the area.
FOODBANKIFOODCLUB/SHOWER HOUR
It has been another busy year with Community Outreach in Ilkeston, Mansfield, Nottingham and Belper. Food
Bank and Food Club continues and serves many on a weekly basis who are in need. We have good
connections with local organisation5 such as Social Services, Homestart and the local schools.
Those we serve through Foodbank in Ilkeston increased; our Care for a Coffee numbers increased
significantly in Mansfield and regular attendance and growth at our Shower Hour in Nottingham.
SUPPORTED LIVING ACCOMMODATION
The team ensures all tenants, needs are met, offering them support in any area needed and assisting them
to progress and achieve their individual aims and ambitions. We also aim to offer sufficient help to those
needing support in overcoming addiction. In addition we encourage them as they develop skills needed to
get back into employment and establish themselves in their own home.
Whilst recognising the increased need and Arena's desire and experience to help those requiring a safe place
to live; with the help of an Architect& planning permission was applied for with Mansfield District Council for
5UPPOrted living accommodation in the unused areas at the rear of the Leeming street Building.
RETAIL OPERATION
Our two shops Continue to operate and provide second hand clothing, furniture and some accessories at
affordable prices for our community. The team of staff continues to work hard at both shops to maximise sales
to produce a profit.
FUNDING
A volunteer team working together to apply for funding for areas within Arena grew this year with increased
focus to apply for funding to meet the needs,
FINANCIAL REVIEW
The attached financial statements show the current state of the finances. The company had net incoming
resources during the year of £431,0221£466,854 at 31 March 2024).
It is the policy of the trustees to build up and maintain unrestricted reserves of £10,000.
The board of Trustees consider the current state of the company's finances to be sound.
The aim is to have 2-3 months running costs available and the team is working towards putting firmer
budgets in place, identify any areas where we can increase income realistically and also restrict non-essential
spending in order that this 'pot" can be built up.
Page 4

ARENA COMMUNITY
Trustees Annual Report
The company's revenue general fund balance is a balance of1£52,2681 {{£103,6771 at 31 March 20241.
The reserves policy has not been met during the financial year, but we are taking steps to address this.
PLANS FOR FUTURE PERIODS
To continue to focus on increasing sales at our retail outlets to ensure profitability and ongoing financial
support to the work of Arena Community.
Continued diligence to ensure systems and structures support the work of Arena Community.
To increase our Community influence at all Campuses.
STRucfuRE. GOVERNANCE AND MANAGEMENT
The organi5ation is a charitable company limited by guarantee, not having a share capital and having
obtained exemption under Section 60 of the Companies Act 2006 to dispense with the word limited as part
of the company name. The Company was incorporated on 29 April 2004 and registered as a charity on 25 July
2006. The company was established under a Memorandum of Association, which established the objectives
and powers of the charitable company and is governed under its Articles of Association. In the event of the
company being wound up, members are required to contribute an amount not exceeding £1.
The directors of the company are also charity trustees for the purpose of Charity Law and under the
company's Articles are known as members of the management committee. Under the requirements of the
Memorandum and Articles of Association, the members of the management committee are elected to serve
for a period of three years, after which they must be re-elerted at the next Annual General Meeting.
Arena Community has a board of five tfU5tees. They meet on a regular basis to review current issues and at
these meetings decisions concerning the running of the charity are made. A full record of all meetings is kept.
The Memorandum of Articles sets out the remuneration of trustees.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees have examined the major strategic, busine55 and operational risks which the charity faces and
confirm that systems have been established to enable regular reports to be produced so that the necessary
steps tan be taken to le55en these risks.
The above report has been prepared in accordance with the provisions applicable to companies subject to
the small companies regime a5 Set out in Part 15 of the Companies Act 2006 and in accordance with the
Charities SORP {FRS 102}.
Signed on behalf of the board
A. SIMPSON
A. BUTCHER
Trustee
Trustee
20 November 2025 20 November 2025
Page 5

ARENA COMMUNITY
Independent Examiners Report
Independent Examiner's Report to the trustees of ARENA COMMUNITY
I report to the charity trustees on my examination of the financial statements of ARENA COMMUNITY for the
year ended 31 March 2025.
Responsibilities and basls of report
As the charity's trustees of the company (and also its directors forthe purposes of company lawl you are
responsible for the preparation of the financial statement5 in accordance with the requirements of the
Companies Act 2006 {'the 2006 Act.
Having satisfied myself that the financial statements of the Charity 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 financial statements as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l.
In carrying out my examination I have followed the Directions given by the Charity Commission under section
14515) Ibl of the 2011 Act.
Independent examiner's statement
As the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of FCPA CPAA, which is one of the listed bodies.
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in accordance with section 386 of the 2006 Act . or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and fair, view which is not
matter considered as part of an independent examination; or
the financial statements 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 1021.
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 financial
statements to be reached.
Simon Robinson FCPA CPAA
AHBS Limited
Naylor House
Mundy Street
ILKESTON
Derbyshire
DE7 8DH
31 March 2025
Page 6

ARENA COMMUNITY
Statement of Financial Activities
forthe year ended 31 March 2025
Unrestricted
funds
2025
Restrlrted
funds Totsl funds Total funds
2025
2025
2024
Notes
Income and endowments
from:
Donations and legacies
Charitable activities
Other
111,690
229,652
64,888
24,791
136.481
229,652
64,888
176,037
233,807
57,009
Total
406,230
24,791
431,021
466,853
Expenditure on:
Charitable activities
Other
11,656
375,590
7,032
3,185
18,688
378,775
18,113
486,450
Total
387,246
10,217
397,463
504,563
Net gains on investments
Net Income/(expendlture)
Transfers between funds
18.984
14,574
33,558
137,7101
210
{2101
Net income/(expenditure)
before other gains1(losses)
19,194
14,364
33,558
137,7101
Other Eains and10sses
Net movement in funds
19,194
14,364
33,558
137,710)
Reconclliation of funds:
Total funds brought forward
{76,516}
2.935
173,581)
135.871)
Total funds carried forward
{57,3221
17,299
(40,023)
173,581}
Page 7

ARENA COMMUNITY
Summary Income and Expenditure Account
for the year ended 31 March 2025
2025
2024
Income
431,021
466,853
Gross income for the year
431,021
466,853
Expenditure
354,828
456.144
Interest payable
11,716
11,675
Depreciation and charges for
impairment of fixed assets
30,919
36,744
Total expenditure for the year
Net income/lexpenditure} before tax
for the year
397,463
504,563
33,558
(37,710}
Net income /lexpenditure )forthe year
33,558
(37,710)
Page 8

ARENA COMMUNITY
Balance Sheet
at 31 March 2025
Company No. 05116407
Notes
2025
2024
Flxed assets
Tangible assets
li
244,633
244,633
262,552
262,552
Current assets
Debtors
Cash at bank and in hand
12
31,892
21,101
52,993
(29,342)
23,651
27,400
3,422
30,822
{30,3471
475
Creditors: Amount falling due within one year
Net current assets
13
Totsl assets less current liabilltles
268,284
263,027
1336,6081
{73,5811
Creditors: Amounts falling due after more than one year
Net liabilities excluding pension asset or Ilability
14
1308,307)
(40,0231
Total net liabllltles
(40,0231
(73,5811
The funds of the charlty
Restricted funds
Restricted income fund5
15
17,299
17,299
2,935
2,935
Unrestrlrted funds
General fund5
Designated funds
15
164,9091
7,587
1103,6771
27,161
157.3221
176,5161
Reserves
15
Total funds
140,023)
173,5811
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies.
For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
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.
Approved by the board on 20 November 2025
And signed on its behalf by;
A. SIMPSON A. BUTCHER
Trustee
Trustee
Page 9

ARENA COMMUNITY
Balance Sheet
31 March 2025
Page 10

ARENA COMMUNITY
Statement of Cash flows
forthe year ended 31 March 2025
2025
2024
Cash flows from operating artl¥lties
Net Income/lexpendlturel per Statement of Financlal Artivities
33,558
(37,710)
Adjustments for:
Depreciation of property, plant and equipment
Profit on disposal of i ntangible fixed assets
Dividend5, interest and rents from investments
Other gainsllosses
Ilncrease}/Decrease in trade and other receivables
Decrease in trade and other payables
31,419
15001
(64,8881
36,744
157,009)
{4,4921
(26,8431
81,840
182,9071
Net cash used In operating activities
(31,746)
159,0421
Cash flows from investing actlvities
Payments for property, plant and equipment
Proceeds from sale of intangible assets
Dividends, interest and rents from investments
113,500)
500
{3,7571
64,888
57,009
Net cash from Investing activities
51,888
53,252
Cash flows from financlng artivities
Repayment of borrowings
(2,4241
(2,1571
Net cash used in financlng activities
(2,4241
(2,1571
Net increasel(decrease) in cash and cash equivalents
17,718
(7,947)
Cash and cash equivalents at the beginning of the year
2,344
10,291
Cash and cash equivalents at the end of the year
20,062
2,344
Components of cash and cash equivalents
Cash and bank balances
Bank overdrafts
21,101
{1,0391
3,422
11,078)
20,062
2,344
Page 11

ARENA COMMUNITY
Notes to the Accounts
for the year ended 31 March 2025
l Accounting pollcles
Basls of preparation
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 (FRS 102) (effective I
January 2015} - {Charities SORP (FRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) and the Companies Act 2006.
Change In basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no change5 have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestritted funds which include a revaluation reserde representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure 15
expenditure
reported gross in the SOFA,
Donations and
legacies
Voluntary income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
Tax reclaims on
Income from tax reclaims is included in the SOFA at the same time as the
donations and gifts giftldonation to which it relates.
Donated services
These are only included in income (with an equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the account5.
Investment income This is included in the accounts when receivable.
Gains/llossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/llosses} on
investment assets
This includes any gain or loss on the sale of investments.
Page 12

ARENA COMMUNITY
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activitie5 and
charitable activities services in the furtherance of it5 objerts, including the making of grants and
governance costs.
All 8rant expenditure is accounted for on an actual paid basis plus an accrual for
grant5 that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charityi together with a share of
other administration costs.
These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Other expenditure
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible flxed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over it5 estimated
useful life..
Plant and Office Equipment 20%% reducing balance
Fixtures and Fitting5
20%% reducing balance
Motor Vehicle
25%% of cost
No depreciation is charged on land and buildings as the residual value is believed to be
higher than historical cost.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance Sheet
date and are not depreciated. All gains or losse5 are taken to the Statement of Financial Activities as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value, Donated items of stock are recognised at fair
value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 13

ARENA COMMUNITY
Notes to the Accounts
Cash and cash equfvalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of financial position. bank overdrafts are shown within borrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trade and other creditor5
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity ha5 a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their Settlement amount after
allowing for any trade discount5 due,
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately, unless they are directly attributable to qualifying assets, in which case they are
capitalised in accordance with the charity's poliry on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised a5 a liability. The aggregate benefit of incentives is recogni5ed as a reduction of rental
expense on a straight-line bas15.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the company pays fixed contributions into a separate entity, Once the
contributions have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The assets of the plan are held separately from the company in independently administered funds.
Page 14

ARENA COMMUNITY
Notes to the Accounts
Receipt of donated goods, facilities and 5ervlces
All donated goods. facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activities - prSor year
Unrestricted
funds
Restrirted
funds Total funds
2024
2024
2024
Income and endowments from:
Donations and legacies
Charitable activitie5
Other
176.037
233,807
57,009
176.037
233,807
57,009
Totsl
466,853
466,853
Expenditure on:
Charitable activities
17,638
486,450
475
18,113
486,450
Other
Total
504,088
475
504,563
Net income
137,2351
8,362
(475}
18,362}
137,7101
Transfers between funds
Net income before other
Eains/(losses
Other galns and losses:
Net movement in funds
128,8731
18,837}
137,7101
128,873)
18,837)
137.7101
Reconciliation of funds:
Tot31 funds brought forward
Total funds carried forward
{47,643)
{76,516)
11,772
135.8711
173,5811
2,935
Page 15

ARENA COMMUNITY
N•Xes to the Accounts
4 Income from donations and legacies
Unrestrirted
Restricted
Total
Total
2025
2024
Gifts from Arena Church
Donations & General Gifts
IOOOClub
89,877
19,044
2,769
111,690
19,500
5,266
25
109,377
24,310
2,794
136,481
144,881
28,451
2,705
176,037
24,791
Donated goods, facilities and services received
Total
2025
Total
2024
Donations & General Gifts
1000 Club
24,310
2,794
27,104
28,451
2,705
31,156
5 Income from charitable activities
Unrestrlrted
Total
Total
2025
2024
Community Projects
Housing Benefit
101,932
127,720
229,652
101,932
127,720
229,652
107,334
126,473
233,807
6 Other income
Unrestricted
Total
Total
2025
2024
Other income
64,888
64,888
64,888
64,888
57,009
57,009
7 Expenditure on charitable actlvlties
Unrestricted
Restricted
Total
Total
2025
2024
Expenditure on charitable
activities
Community Projects
Governance costs
11,656
7,032
18,688
18,113
11,656
7,032
18,688
18,113
Page 16

ARENA COMMUNITY
Notes to the Accounts
8 Other expenditure
Unrestricted
Restricted
Total
Total
2025
2024
Bank loan and overdraft
interest payable
11,716
11,675
11,716
Employee costs
Motor and travel costs
133,987
2,396
122,946
782
134,769
2,396
123,227
131,924
4,557
155,588
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
281
30,919
30,919
36,744
37,771
35,855
375,590
44
37,815
37,933
378,775
108,001
37,961
486,450
Legal and professional costs
2,078
3,185
9 Net income/(expenditure) before transfers
2025
2024
This is stated after charging:
Depreciation of owned fixed assets
10 Staff costs
31,419
36,744
2025
2024
Salaries and wages
Pension costs
133,267
1,502
134,769
130,574
1,350
131.924
No employee received emoluments in excess of £60,000.
Page 17

ARENA COMMUNI
Notes to the Accounts
11 Tangible fixed assets
Plant and
Office
Land and
building5
Fixtures and
Fittings
Motor
Vehicle
Totsl
Equipment
Cost or revaluation
At l April 2024
Additions
Disposals
At 31 March 2025
Depreciation and
impairment
At l April 2024
Depreciation charge for the
year
Disposals
At 31 March 2025
488,389
16.589
8,750
13,500
{8,7501
13,500
11,270
524.998
13,500
{8.750)
529,748
488.389
16,589
11,270
229,606
14,167
8,750
9,923
262,446
27,543
1,403
1,125
1,348
31,419
{8,7501
1,125
18,750)
285,115
257,149
15,570
11,271
Net book values
At 31 March 2025
At 31 March 2024
231.240
258,783
1,019
2,422
12,375
(i)
1,347
244,633
262,552
12 Debtors
2025
2024
Trade debtors
Other debtors
Prepayments and accrued income
575
2.041
780
30,537
31,892
25,359
27,400
13 Creditors:
amounts falling due within one year
2025
2024
Bank loans and overdrafts
Trade creditors
Other taxes and social security
Accruals
1,039
18.170
801
1,078
19.388
458
9,332
29.342
9,423
30.347
The bank holds a fixed and floating charge over the property at Leeming Street, Mansfield dated 16 April
2013.
Page 18

ARENA COMMUNITY
Notes to the Accounts
14 Creditors:
amounts falling due after more than one year
2025
2024
Bank loans and overdrafts
Amounts owed to group undertakings
179,545
128,762
308,307
181,969
154,639
336,608
Liabilities repayable in more than five years
after the balance sheet date
The bank holds a fixed and floating charge over the property at Leeming Street, Mansfield dated 16 April
2013.
Page 19

ARENA COMMUNITY
Notes to the Accounts
15 Movement In funds
Incoming
resources
At31
March
2025
Resources
expended
Gross
transfers
(including
At l April
other
2024 galns/losses)
Restricted funds:
Restricted income funds:
Shower Hour
Mansfield Shared Living
Accommodation
Flourish
4,500
1863)
12101
3,427
15,000
(2,359)
(2,935}
(4,060}
12,641
2,935
Food Appeal
5,291
1,231
Totol
2,935
24,791
110,217}
12101
17,299
Unrestricted funds:
General funds
1103,677)
406,230
{377,459}
9,997
164,9091
Deslgnated fund5:
Woolworths
27,161
(9,787)
(9,787)
{9,787}
{9,787)
7.587
Total
27,161
7,587
Total funds
{73,5811
431,021
1397,463)
140,0231
Purp05e5 and restrictions in relation to the funds:
Restricted funds:
Shower Hour
Mansfield Shared Living
Accommodation
Flourish
Food Appeal
Designated funds:
Woolworths
Supporting people in need in the Nottingham area
Cultivation of the community garden overseen by Wash Arts
The asset has been capitalised to be written off over 10 years
16 Analysls of net assets between funds
Unrestrirted
funds
Total
Fixed a55ets
Net current assets
Creditors due in more than one year and
provisions
244,633
23,651
244,633
23,651
1308,3071 1308,3071
140,023)
140,023)
Page 20

ARENA COMMUNITY
Notes to the Accounts
17 Reconclllation of net debt
At31
March
Z025
At l April
2024
Cash flows
Cash and cash equivalents
3,422
3,422
17,679
17,679
21,101
21,101
Bank loans
{181,9691
{181,9691
2,424
2.424
1179,5451
1179,5451
Net debt
{178,547)
20.103
1158,4441
18 Commitments
Open7ting lease Commitments
Annual commitments under non-cancellable operating leases are as follows:
2025
Land and
buildings
2025
2024
2024
Land and
buildings
Other
Other
Operating leases with expiry date:
Pension commitments
2025
2024
The pension cost charge to the company
amounted to:
1,502
1,350
Page 21

ARENA COMMUNITY
Notes to the Accounts
19 Related party disclosures
2025
2024
Tronsortlons with related partles
Name of reloted pt7rty
Arena Church
Amount duefrom/(toJ the related party
1128,7621 {154,6391
Name of related party
Description of relationship
between the porties
Amount duefrom/lto) the related poty
The Project Ilkeston Limited
Ordinary Shareholder
138.5331
Name of related party
Description of relotionship
between the parties
Description of tronsoction
and general omount5
involved
Amount duefrom/lto} the related party
Grace (GB) Ltd - Kristian Thorpe
minister & trustee
consultancy & expenses
116,695}
(4,1741
Name of related party
Oescription of relotionship
between the porties
Description of transaction
ond generol amounts
involved
Amount duefrom/lto} the rel(7ted porty
Contmlling porty
Turner Consultants Ltd - Julie Turner
person of significant control
consultancy services
16,9051
112,8911
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 22

ARENA COMMUNITY
Detailed Statement of Financial Activities
forthe year ended 31 March 2025
Unrestricte
d funds
2025
Restricted
funds
Total lunds Total funds
2025
2024
2025
Income and endowments from:
Donations and legacies
Gifts from Arena Church
Donations & General Gifts
1000 Club
89,877
19,044
2,769
111,690
19.500
5,266
25
109,377
24,310
2,794
136,481
144,881
28.451
2.705
176,037
24,791
Charitable activities
Community Projects
Housing Benefit
101,932
127,720
229,652
101.932
127,720
229,652
107,334
126,473
233,807
Other
Other income
64,888
64,888
64,888
64,888
57,009
57,009
Total income and endowments
406,230
24,791
431.021
466,853
Expenditure on:
Charitable activities
Community Projects
11,656
11.656
7,032
7,032
18,688
18,688
18,113
18,113
Total of expendSture on charitable
artivitles
11,656
7,032
18,688
18,113
Other expenditure
Bank loan and overdraft interest
payable
11,716
11,675
11,716
11.716
11,716
11,675
Employee costs
Salarieslwages
Pension costs
132,485
1,502
133,987
782
133,267
1,502
134,769
130,574
1,350
131,924
782
Motor and travel costs
Vehicles- Fuel
Vehicle5 Insurance and licences
Vehicles Repairs and
maintenance
Travel and subsistence
I,iio
887
I,iio
887
1,621
1,161
1,123
399
399
652
2,396
2,396
4,557
Premises costs
Rent
50,516
12,507
37,943
50,516
12,507
37,943
60.330
12,136
40,551
Rate5
Light, heat and power
Page 23

ARENA COMMUNITY
Detailed Statement of Flnancial Activities
Premises cleaning
Premises repairs and
maintenance
2,502
2,502
3,744
281
17,072
34,469
16,791
Other premises costs
2,687
122,946
2,687
123,227
4,358
155,588
281
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Plant and Office
Equipment
Depreciation of Fixtures and
Fittings
Depreciation of Motor Vehicle
Profit on disposal of intangible
fixed assets
Bad debts
Bank charges
General insurances
Information and publications
Postage and couriers
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
27.543
27,543
32,304
1.403
1,403
1.722
1,125
1,125
1,348
1,348
2,718
15001
(5001
651
1,404
28,802
90
651
83,619
1,376
16,358
90
1,404
28,802
90
30
544
3,486
1,177
1,614
68,690
544
297
3,486
1,221
1,614
68,734
2,244
2,281
1,706
144,745
44
Legal and professional costs
Audit/lndependent examination
fees
Accountancy and bookkeeping
Consultancy fees
Other legal and professional
costs
1,200
1,200
1,200
5,352
31,014
28,528
28.528
6,127
2,078
8,205
395
35,855
2,078
37.933
37,961
Total of expenditure of other cost5
Total expenditure
375,590
3.185
378,775
486,450
387.246
10,217
397,463
504,563
Net gain5 on investments
Net Income/(expenditure)
Transfers between funds
18,984
14,574
33,558
(37,7101
210
1210}
Net incomellexpenditure) before
other galns/llosses)
Other Gains
19,194
14,364
33,558
(37,7101
Page 24

ARENA COMMUNITY
Detailed Statement of Financial Activities
Net movement in funds
19,194
14,364
33,558
137,7101
Reconciliation of funds:
Total funds brought forward
{76,516)
2,935
(73,5811
135,871)
Total funds carried forward
(57,322)
17,299
(40,0231
173,581)
Page 25