REGISTERED COMPANY NUMBER: 06078193 (England and Wales)
REGISTERED CHARITY NUMBER: 1118624
TRUSTEES. REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
FOR
HIGHFIELDS COMMUNITY ASSOCIATION
Watergates
109 Coleman Road
Leicester
Leicestershire
LE5 4LE

HIGHFIELDS COMMUNITY ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Reference and Administrative Details
Trustees. Report
Independent Examiner's Report
statement of Financial Activities
Statement of Financial Position
Statement of Cash Flows
10
Notes to the Statement of Cash Flows
Notes to the Financial Statements
12 to 24

HIGHFIELDS COMMUNITY ASSOCIATION
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31ST MARCH 2025
TRUSTEES
Dr l Lighffoote - Director (resigned 151412024)
Mr T S Naute- Director
Mr R D Patel - Director
Ms W A Taylor - Director (resigned 91412025)
Ms M Hingorani - Director (resigned 1111012024)
Mr A Burns- Director (resigned 1111012024)
Ms A D Flaherty - Director (resigned 151512024)
Ms H M Lentell - Director
Ms U M Dakri - Director (resigned 1111012024)
Ms D Gannon - Director (appointed 1111012024)
Mr Z Halim - Director (appointed 1111012024)
Ms N Ismail - Director (appointed 1111012024)
Mr A Matak- Director (appointed 1111012024)
Mr T Tabot- Trustee (appointed 1111012024) (resigned
91412025)
COMPANY SECREfARY
Mr C P Thamotheram
REGISTERED OFFICE
Highfields Centre
96 Melbourne Road
Lei￿ster
Leicestershire
LE2 ODS
REGISTERED COMPANY
NUMBER
06078193 (England and Wales)
REGISTERED CHARITY NUMBER 1118624
INDEPENDENT EXAMINER
Watergates
109 Coleman Road
Leicester
Leicestershire
LE5 4LE

HIGHFIELDS COMMUNITY ASSOCIATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 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 31st March 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 IFRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities
Its mission is to help provide, develop and manage a family oriented community, Sports and arts learning centre
and to serve Leicester's (and now extended to Leicestershire's) population, with a particular emphasis as a
community anchor organisation for the Highfields area wide communities. The charity continues to pursue these
objectives by overseeing the working of Highfields Centre.
Consistent with these objectives, the charity has continued to provide a wide range of programmes related to
lifelong learning and community development throughout the year. The programmes include the provision of
services in arts. sports, youth clubs, adult classes and advice work.
During the last year and given the excellent platform provided by the EESE (Economic, Effective, Successional
and Extendable) Measures we had previously implemented, we have continued to focus on developing the
potential for boosting our self-generated income through venue hire and rentals. Stslwart elements of our
services such as the youth work, adult education and sports have continued to be provided and enjoyed by our
service users during the last year. However, the slow recovery from the pandemic and its related lockdown and
collapse in confidence and the more recent cost of living crisis and energy price increases resulted in us having
to tske various measures to minimise projected significant deficit over the last year.
Publlc benefft
The trustees have referred to the information contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities, with all the charity's
expenditures being incurred in pursuit of its public benefit duties.
Evidence of this benefit is continued to be demonstrated by the uptake of the charity's services by nearly 85.000
users (in 2023), with a substantial majority of those users from the local area. The range of services provided at
Highfields Centre reflects the priority service needs for children, young people, elderly, adult learners, advice,
arts, sports and community development, with these services provided over a seven day week (by arrangement)
and over an extended year.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvltles
The achievements and performance of the charity in the year in overseeing the working of Highfields Centre has
been coterminous with discussions with other public and voluntary sector agencies about effecting new service
delivery partnerships. The completion of the Power to Change funded remodelling building work in 2018
provided a much-needed stimulus to achieving our objective of seeking economic independence through
increasing our self-generated income.
Our relatively new FAB-L (Fashion workers Advice Bureau - Leicester), funded by both trade unions and clothing
brands has al￿adY made considerable positive differences to the lives of local garment workersl
Through our EESE Measures and in recognising that we weren't able to directly provide all of the ServI￿S at this
Centre. some of our rooms have been sublet to other partner agencies, and we're currently working through the
renewal of their respective sub-le8ses.

HIGHFIELDS COMMUNifi ASSOCIATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2025
FINANCIAL REVIEW
The 2024125 financial year was marked by continued progress in financial stability and growth, despite ongoing
sector-wide economic pressures. The charity achieved a net surplus of £76,316 (2024.. £3,836), driven by a
combination of sustained unrestricted income and well-targeted restricted gr8nts supporting both programme
delivery and strategic capital improvements.
Total income rose to £598,358 {2024'. £513,001), reflecting an increase in grant funding alongside higher levels
of income generated from the charity's own operations, which grew to £268,541 (2024.. £212,262). The uplift in
restricted funding this year came through a diverse mix of national, regional, and local sources, supporting
initiatives spanning youth diversion, employability, arts, sustsinability, and research. This balanced portfolio of
funding has helped to strengthen both the charity's service offer and its infrastructure resilience.
Expenditure for the year totalled £522,042 (2024: £509,165). with spending primarily supporting core delivery
areas including staffing, community programmes, energy costs, and facilities upkeep. The charity also made
strategic investments in capital and environmental sustainability projects, which were partly supported by new
restricted funds.
As a result, the charity's total funds rose to £724,907 by year-end (2024.. £648,591), supported by improved
cash flow and effective management of both operating costs and grant delivery. The closing cash balance stood
at £470,526 (2024.. £339,166), of which £164,317 was held for restricted purposes, £156,091 was designated by
trustees for specific future use, and onty £150,118 related to general unrestricted funds. This breakdown
highlights that a substantial portion of available cash is already committed, either by external funders or
internally eamarked for planned projects, ensuring clarity around the charity's free reserves and fonbvard
commitments.
The trustees remain confident that the organisation's financial position and foNard planning place it in a strong
position to navigate future uncertainties while maintaining and developing services. The current level of reserves
and funding relationships provide a firm foundation for continued delivery in line with charitable objectives.
PRINCIPAL FUNDING SOURCES
The charity's main income had been through its three different contracts with Leicester City Council. The
cumulative loss of over £500,000 in contracted income during 201412015 had adversely impacted the level of
resenies as well as the Association's financial standing and the trustees have continued to carefully consider the
necessary actions in relation to ensuring not only.its continued viability but also its renewal and development.
The 2024125 outturn, given the ongoing financial challenges has been remarkably good. This situation was also
considerably aided by our successful funding applications to the Community Ownership Fund and Energy
Renewal Fund, with both contributing to refurbishing main areas of our Centre and installing new solar panels
and an urban roof garden.
RESERVES POLICY
In accordance with Association's reserves policy and taking account of the outturn experienced during the
2024125 year, the trustees have effected appropriate changes to the Association's designated funds, including
the Asset Replacement Fund, Programme Support Fund and Transforming Services Fund.
The charity had unrestricted reserves of £596,475 as at 31 March 2025. This includes designated reserves,
comprising amounts set aside by the trustees for specific purposes, including a designated fund representing the
value of fixed assets held by the charity that are available for use in furtheran￿ of its objectives. After
accounting for designated reseNes, the charity's free reserves totsl £138,055.
The trustees aim to maintain free reserves equivalent to at least three months, revenue expenditure, in line with
guidance from Locality, the national support organisation for the third sector. The current level of free reserves
meets this target and provides the charity With a sufficient buffer to rnanage unforeseen financial demands and
ensure operational continuity.

HIGHFIELDS COMMUNITY ASSOCIATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2025
GOING CONCERN
The Goveming Body has considered the impact of COVID-19 in relation to their assessment of going concem
and in their opinion, they have taken all reasonable steps to mitigate these factors. As at the point of authorising
the accounts, and for the foreseeable future, the Governing Body considers the going concern assumption to still
be appropriate. They acknowledge that given the currently rapidly changing social environment including regular
identification of new variants of COVID-19, there are likely to be significant unknown factors which may present
themselves. Such factors are considered by the Governing Body to represent a general inherent level of risk in
relation to the going Goncern assumption albeit not quantifiable at this time.
The Governing Body has reviewed future projections, which they feel adequately reflect the current uncertain
economic environment. After considering all relevant uncertainties, the Governing Body has a reasonable
expectation that there will be sufficient cash resources generated from its operations to enable the charitable
company to continue in operation for at least 12 months from the signing date of these financial statements.
Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
FUTURE PLANS
The charity's plans for the future will be closely related to the fuller development of all the new COF and ERF
funded services at the centre and to providing the necessary infrastructure and systems to enable its $M¢￿th
and effective operation and to manage the transition occasioned by the local authority's funding decisions.
The charity's updated Strategic Plan has been successfvlly updated and it was a key element for consideration
at the last strategic Review Day when the Trustees met with the Centre's staff to consider key priorities and
developments for the forthcoming year.
With the charity established in 1972 and having celebrated its 50th Anniversary in October 2022. It has become
well established, respected and trusted by not only its staff and service users but also a range of local, regional.
national and international partners. The pace of this recognition has increased over the last decade and is
reflected in the charity's increasingly recognised status as the partner of first choice for many community
development related seNice provision.
This is underpinned by the trustees and staff now actively pursuing major developments at this Centre, including
the COF funded refurbishment of the Centre's major usage spaces and the installation of an urban roof garden.
and the installation of solar panels.
The trustees are satisfied that the charity is very well placed to further enhance its provision of much needed
services in the coming years through its already well-established role in accessing non-local authority extemal
funding contracts as a member of several different service consortiums.
For these reasons, the trustees believe the charity is very definitely a 'going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charitsble company was incorporated on 1st February 2007 and is governed by the memorandum and
articles of association updated on 17th February 2016. The charitsble comp8ny commenced activities on 1st
October 2007.
Recruitment and appointment of new trustees
The Trustees will be appointed by election at the Annual General Meeting.

HIGHFIELDS COMMUNITY ASSOCIATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The charity is organised operationally on a day-to-day basis by the Head of Centre and the charitable company
is monitored via bi-monthly governing body and appropriate work groups as required.
..IL.£kT.KfyLJ..Zo.2Sand signed on its behalf by:
Approved by order of the board of trustees on .
MrRDPatel-
rus

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HIGHFIELDS COMMUNITY ASSOCIATION
Independent examinerfs report to the trustees of Highfields Community Association {'the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31st March 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 examinerfs statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can
confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered
Certified Accountsnts, which is one of the listed bodies.
I have completed my examination. I confinn that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act"
or
the accounts do not accord with those records., or
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
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.
Nazir Malida FCCA
Watergates
109 Coleman Road
Leicester
Leicestershire
LE5 4LE
Date: ..
1..6..1.o7.1.tscS..........

HIGHFIELDS COMMUNITh ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2025
3113125
Total
funds
3113124
Total
funds
Unrestricted
funds
Restrictsd
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
243,457
243,457
109,891
Charitable actlvltl•s
Incoming resources from charitable activities
268,437
86.360
354,797
397,314
Other trading activities
Investment income
Other income
82
22
82
22
73
5,723
Total
268,541
329,817
598,358
513,001
EXPENDITURE ON
Charltsble activities
Costs of charitable activities
219,473
302,569
522,042
509.165
NET INCOME
Transfers between funds
49,068
18,998>
27,248
76,316
3.836
19
Net movement in funds
30,070
46,246
76,316
3,836
RECONCILIATION OF FUNDS
Total funds brought foNard
566,405
82,186
648,591
644,755
TOTAL FUNDS CARRIED FORWARD
596,475
128,432
724,907
648,591
The notes on page O form part of these finanaal statements

HIGHFIELDS COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025
3113125
Total
funds
3113124
Total
funds
Unrestrlcted
funds
Regtrlcted
funds
Notes
FIXED ASSETS
Tangible assets
14
302,328
11,608
313,936
328,050
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
22,975
306 209
48,908
164 317
71,883
470 526
75,488
339,166
329,184
213,225
542,409
414,654
CREDITORS
Amounts falling due within one year
16
135,037)
128,734)
(63,771)
(94,113)
NET CURRENT ASSETS
184 491
478 638
TOTAL ASSETS LESS CURRENT
LIABILITIES
596,475
196,099
792,574
648.591
CREDITORS
Amounts falling due after more than one year 17
(67,667)
{67,667)
NET ASSETS
596,475
128,432
724,907
648,591
FUNDS
Unrestricted funds
Restricted funds
19
596,475
128.432
566,405
82,186
TOTAL FUNDS
724,907
648,591
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the
year ended 31st March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31st March 2025 in accordance with Section 476 of the Companies Act 2006.
The twstees acknowledge their responsibilrties for
{a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of
the Companies Act 2006 and
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.
(b)
The notes on page O form part of these financial statements

HIGHFIELDS COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL POSITION . continued
31ST MARCH 2025
These financial ststements have been prepared in accordance with the provisions applicable to charitsble
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
l.&A&3￿￿..￿25 and were signed on its behalf by..
MrT
rustee
The notes on page O frjrm part of these financial ststements

HIGHFIELDS COMMUNITY ASSOCIATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST MARCH 2025
3113125
3113124
Notes
Cash flows from operating activitles
Cash generated from operations
Finance costs paid
55,614
1,405)
105,316
408)
Net cash provided by operating activities
54,209
104.908
Cash flows from investing activities
Purchase of tangible fixed assets
Interest re￿iVed
(4,537)
22
(6,262)
Net cash used in investing activities
4,515)
Cash flows from financing actlvlties
New loans in year
Loan repayments in year
84,000
2,333)
Net cash provided by financing activtties
Change in cash and cash equivalents
in the reporting period
Cash and cash equlvalents at the
beglnning of the reporting period
131,361
98,646
339,166
240,519
Cash and cash equlvalents at the end
of the reporting period
470 526
339,166
The notes on page O fom part of these finanual statements
-10-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST MARCH 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
3113125
3113124
Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Finance costs
Decrease in debto
(Decrease)lincrease in creditors
76,317
3,836
18,651
<22
IA05
3.605
44,342)
37,422
408
5,168
58,482
Net cash provided by operations
55.614
105,316
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At 31.3.25
Net cash
Cash at bank and in hand
339 166
131,360
470 526
339,166
131,360
470,526
Debt
Debts falling due within 1 year
Debts falling due after 1 year
(14,000)
67,667)
{14,000)
67,667)
81,667)
81,667)
Total
339,166
49.693
388,859
The notes on page O form part of these finanaal statements

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP (FRS 102) '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),, Financial Reporting Stsndard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have
been prepared under the historical cost convention.
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.
GOVERNMENT GRANTS
Where grants received do not impose specified fvture performance-related conditions these are
recognised under the performance model and the income recognised in the statement of financial
activities when the grant proceeds are considered to be received or receivable. Any government grants
re￿iVed during the year are recognised under perfomiance model.
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.
iere 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.
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
over lease term
10% on cost
15% on cost
33 % on cost
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
The funds of the Association have been segregated as follows:
Restricted funds consist of grants and donations, for which the grant providing authorities and donors has
specified the purpose for which the resources can be utilised.
Unrestricted general funds represent income which is expendable at the discretion of the trustees in the
furtheran￿ of the objects of the charity.
Unrestricted designated funds represent amounts that have been put aside at the discretion of the
trustees out of unrestricted general funds for specffic purposes or projects.
-12-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES - continued
FUND ACCOUNTING
Transfers are made bebNeen funds where there is a release of restricted funds to unrestricted general
and designated funds or charges are made be￿een funds.
DONATIONS AND LEGACIES
3113125
Totsl
funds
3113124
Total
funds
Unrestricted
funds
Restricted
funds
Grants
243,457
243,457
109.891
Grants re￿ived, included in the above, are as follows:
3113125
3113124
Other grants
243.457
109,891
OTHER TRADING ACTIVITIES
3113125
Total
funds
3113124
Total
funds
Unrestricted
funds
Restrlctsd
funds
Bar and vending sales
82
82
73
INVESTMENT INCOME
3113125
Total
funds
3113124
Total
funds
Unrestricted
funds
Restricted
funds
Interest receNable
22
22
-13-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES
3113125
3113124
Activity
Incoming resour￿$ from charitable
activities
Incoming resources from charitable
activities
Charitable activities
268,637
207,808
Grants
86,160
189,506
397.314
OTHER INCOME
3113125
Total
funds
3113124
Total
fund9
Unrestricted
funds
Restricted
funds
Insurance claim
5,723
CHARITABLE ACTIVITIES COSTS
Direct
Costs Isee
note 8)
Support
costs (see
note 91
Totals
Costs of charitable activities
511.462
10.580
522,042
DIRECT COSTS OF CHARITABLE ACTIVITIES
3113125
3113124
staff costs
Rates and water
Insurance
Light and heat
Telephone
Postsge and stationery
Advertising
Repairs & maintenance
Other activity costs
Minibus expenses
Other travel costs
Legal fees
Professional and consultancy
other Offi￿ costs
Other expenses
Venue hire
IT costs
222,555
5,552
14,147
60,677
7,419
2,619
3,243
47,448
11,325
1,680
330
3,919
39,209
504
13,946
29,168
205,140
3,916
12,696
62,206
9,934
3,932
275
39,459
19,117
2,068
2,350
338
16,300
1,283
16,166
41,215
Carried forward
483.987
449.739
-1

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
DIRECT COSTS OF CHARITABLE ACTMTIES - continued
3113125
3113124
Brought forward
Programme delivery support
Bad debts
Depreciation
Interest payable and similar charges
483,987
7,419
449,739
9,081
2,135
37,422
408
18,651
1.405
511,462
498,785
SUPPORT COSTS
Govemance
costs
Costs of charitable activities
10,580
10.
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting):
3113125
3113124
Depreciation - owned assets
37,423
11.
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31st March 2025 nor for the
year ended 31st March 2024.
TRUSTEES. EXPENSES
There were no trustees, expenses paid for the year ended 31st March 2025 nor for the year ended
31st March 2024.
-15-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
12.
STAFF COSTS
3113125
3113124
Wages and salaries
Social security costs
Other pension costs
212,960
8,452
1,143
191,398
12,166
1,576
222,555
205,140
The average monthly number of employees during the year was as follows..
3113125
23
3113124
21
Community Fund
No employees received emoluments in excess of £60.000.
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
109,891
109,891
Charltable actlvltles
Incoming resources from charitable
activities
206,468
190,846
397.314
Other trading activities
Other income
70
5,723
73
5,723
Total
212,261
300 740
513,001
EXPENDITURE ON
Charitable activities
Costs of charitable activities
169513
339,652
509 165
NET INCOMEI(EXPENDITURE)
Transfers between funds
42,748
{38,912)
7,006
3,836
Net movement in funds
35,742
{31,906)
3,836
RECONCILIATION OF FUNDS
Total funds brought foward
530,660
114,095
644,755
TOTAL FUNDS CARRIED FORWARD
566.402
648 591

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
14. TANGIBLE FIXED ASSETS
Improvements
to
property
Fixtures
and
fittings
Plant and
machinery
COST
At 1st April 2024
Additions
335,723
46,763
64,667
At 31 st March 2025
33S,723
46,763
64,667
DEPRECIATION
At 1st April 2024
Charge for year
48,499
7,942
46,147
310
38,263
5,076
At 31st March 2025
56,441
46,457
43,339
NET BOOK VALUE
At 31st March 2025
279,282
306
21,328
At 31st March 2024
287,224
616
26,404
Motor
vehicles
Computer
equipment
Totals
COST
At 1st April 2024
Additions
17,994
163,251
4,537
628,398
4,537
At 31st March 2025
17.994
167,788
632,935
DEPRECIATION
At 1st April 2024
Charge for year
6,943
1,658
160,496
3,665
300,348
18.651
At 31st March 2025
8.601
164,161
318,999
NET BOOK VALUE
At 31st March 2025
9,393
3,627
313,936
At 31st March 2024
11,051
2,755
328,050
The propety occupied by the Association is leased from Leicester City Council. The leasehold property
was valued by an independent valuer Spencers Druce Naylor Parkes on 10 October 2017. The lease
under which the propety is held specifically ststes that no premium is payable on any sale and as a
result of this there would be nil value of the leasehold interest on the open market.
However, the leasehold interest was valued for internal purposes only on the basis of potential income
flows capitalised over the outstanding lease period. On this basis, the value of leasehold interest for
internal purposes subject to the existinglpotential lettings was valued at £1,100,000 with an aggregate
market rental value of £220,185 per annum exclusive.
-17-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113125
3113124
Trade debtors
Prepayments and accrued income
31,189
45,535
71.883
75,488
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113125
3113124
Other loans (see note 18)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
14,000
4,541
3,033
9,041
7,704
2.663
13,547
94.113
17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
3113125
3113124
Other loans (see note 18)
18. LOANS
An analysis of the maturity of loans is given below..
3113125
3113124
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years..
other loans - 1-2 years
14,000
Amounts falling due bebueen two and five years..
Other loans - 2-5 years
Amounts falling due in more than five years"
Repayable by instslments..
Other loans more 5yrs instal
11,667
-18-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19. MOVEMENT IN FUNDS
Net
Transfers
between
funds
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
Activities for the provision of
educational, social, welfare and leisure
facilities
Designated - Programme Support
Designated - Asset replacement fund
Designated - Transforming servI￿s
Designated - Adult learning
Designated - HCA'S Fixed Assets fund
412,313
49,068
(323,326)
138,055
22,004
81,257
36,000
14.831
2,000
24.004
81,257
36,000
14,831
302,328
302,328
566,405
49.068
(18,998)
596.475
Restricted funds
Other external grants and funding
P2C Community Business Fund
Fashion-workers Advi￿ Bureau
Leicester {FAB-L)
H-YIF (CiN-Inspiring Futures
Programme)
P2C Business Development Support
Digital Poverty Programme
Young Futures (Police Funding)
EBL Empower Biz Project
Leicester Garments Workers Trust Fund
(LGwr)
Leic College Support Funds
NCS Project
Reach Fund Grant
UHL NHS All Together Project
CIN Core Cost Funding
THREADS
ERF Match Funding
COF Grant
13,371
12,603
4,203
(5,639)
12,000)
2,429
15,574
9,393
25,756
36,987
121,585)
41,158
{36)
36
625
18,015
1108)
(625)
118.015)
8,190
9,935
(8,082)
13,196)
6,739
1,203
11,400
7,728
8,597
1.454
(22,186)
(3,805)
17,728)
(8,597)
11,454)
1,999
9,640
50,566
14,834)
21.585
602
7,595
1,999
9,640
50,566
14,834)
82,186
27,249
128N32
TOTAL FUNDS
648.591
76,317
1)
724.907
-19-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movèment
in funds
Unrestricted funds
Activities for the provision of
educational, social, welfare and leisure
facilities
268,541
(219,473)
49,068
Restricted funds
Other external grants and funding
P2C Community Business Fund
Fashion-workers Advice Bureau
Leicester (FAB-L)
P2C Business Development Support
Young Futures (Police Funding)
EBL Empower Biz Project
Leicester Garments Workers Trust Fund
{LGidrr)
Leic College Support Funds
NCS Project
Reach Fund Grant
UHL NHS All Together Project
CIN Core Cost Funding
HAF Winter 2024
THREADS
ERF Match Funding
COF Grant
103,797
199,594
(5,639)
4,203
15,639)
65,734
(28,747)
(625)
(28,041>
(33,889)
36,987
(625)
(8.082)
(3,196)
19,959
30,693
(22,188)
(3,805)
(7,728)
(8,5971
11,454)
(36,333)
13,950)
(1,710)
(5,434)
14,834)
122,186>
{3,805)
{7,728)
(8,597)
(1,454)
1,999
38,332
3,950
11,350
56,000
9,640
50,566
14 834)
329 817
302 568
27,249
TOTAL FUNDS
598,358
522,041)
76,317
-20-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19.
MOVEMENT IN FUNDS - contlnued
Comparatives for movement in funds
Net
movement
in funds
Transfers
At
31.3.24
At 1.4.23
funds
Unrestricted funds
Activities for the provision of
educational. social, welfare and leisure
facilities
Designated - Programme Support
Designated - Asset replacement fjjnd
Designated - Transforming Services
Designated - Adult learning
376.568
42,751
(7.006)
412,313
22,004
81,257
36,000
14,831
22,004
81,257
36,000
14,831
530,660
42,751
(7,006)
566,405
Restricted funds
Other extemal grants and funding
Asset fund
P2C Community Business Fund
Fashion-workers Advice Bureau
Le1￿$ter (FAB-L)
H-YIF (CiN-Inspiring Futures
Programme)
P2C Business Development Support
Digital Povety Programme
Young Futures (Police Funding)
EBL Empower Biz Project
HAF Summer 2023
Leicester Garments Workers Trust Fund
4,000
245
47.648
9,371
(244)
(35,045)
13,371
(1)
12.603
43,617
(2,262)
(15,599)
25,756
72
4,120
(108)
(5,670)
(18,015)
(6,203)
9,935
(5.457)
(36)
1,550
(18,015)
8,190
9,935
14.393
5.457
(LG￿￿)
Leic College Support Funds
NCS Project
Reach Fund Grant
UHL NHS All Together Project
(14,396)
11,400
7,728
8,597
1,454
15.599
1,203
11,400
7,728
8,597
1.454
114,095
38,915
7,006
82,186
TOTAL FUNDS
644,755
3,836
648,591
-21-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
In funds
Unrestricted funds
Activities for the provision of
educational, soci81, welfare and leisure
facilities
212,261
{169,510)
42,751
Restricted funds
Other extemal grants and funding
Asset fund
P2C Community Business Fund
Fashion-workers Advice Bure8U
Leicester (FAB-L)
H-YIF {CiN-Inspiring Futures
Programme)
P2C Business Development Support
Digital Poverty Programme
Young Futures (Police Funding)
EBL Empower Biz Project
HAF Summer 2023
Leicester Garments Workers Trust Fund
(LGwr)
Leic College Support Funds
NCS Project
Reach Fund Grant
UHL NHS All Together Project
CIN Core Cost Funding
23,333
(13,962)
{244)
(35,045)
9,371
{244)
(35,045)
48,859
{51,121)
(2.262)
(108)
(5,670)
145,280)
(6,303)
(5,850)
(25,434)
(108)
(5,670)
(18,015)
(6,203)
9,935
{5,457)
27,265
100
15,785
19,977
77,180
11,400
20,501
14.400
2,000
(91,576)
(14,396)
11,400
7.728
8,597
1.454
(12,773)
(5,803)
(546)
39,940)
300 740
339 655
38,915
TOTAL FUNDS
513,001
509 165)
3,836
The specific purposes for which the funds are to be applied are as follows
Fashion-workers Advice Bureau Leicester (FAB-L)
Support was received to contribute towards the delivery of the FAB-L project, with funding allocated to
core operational and overhead costs. The project focuses on community engagement and inclusion
initiatives that promote wellbeing and participation among underrepresented groups.
Digital Poverty Programme
Funding was re￿iVed from Leicester City Council on behalf of the Leicester and Leicestershire
Enterprise Partnership (LLEP) to support the delivery of a Digital Skills Project. The grant was applied to
staffing and administration costs associated with developing digital competencies in the local community,
in line with agreed milestones and outcomes.
-22-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19.
MOVEMENT IN FUNDS - contlnued
P2C Community Buslness Fund
Funding was provided by Power to Change under the Community Business Fund to support capital and
revenue initiatives. This included the repl8￿ment of a minibus, upgrades to music and arts facilities, the
recruitment of new staff roles, and a tailored business development programme aimed at enhancing the
organisation's long-term sustsinability.
H-YIF ¢CiN-Inspiring Futures Programme)
Funding was awarded through the Inspiring Futures programme. a joint initiative by BBC Children in
Need and the Youth Futures Foundation. The grant supported an employability programme for
disadvantaged young people, focusing on confidence-building, life skills development. and
pre-employment support including mentoring, accredited training, and work experien￿.
P2C Business Developm8nt Support
Power to Change awarded funding to implement organisational infrastructure improvements, including
the migration to a cloud-based accounting system and the installation of a Salesforce CRM. These
upgrades were designed to strengthen internal financial controls, contact management, and marketing
capabilities.
Young Futures (Police Funding)
Funding was received from the Police and Crime Commissioner for Leicestershire to deliver the "Young
Futures project. The programme provides diversionary activities for young people aged 12-24, including
creative arts, sport, mentoring. and youth-led events. The project aims to reduce youth violence, enhance
communty cohesion, and re*ngage young people with education and positive social ne￿orkS.
EBL Empower Biz Project
Funding was secured through Leicester City Council from the UK Shared Prosperity Fund {UKSPF) to
deliver the "Empower Biz" project. The project provides financial and advisory support to local businesses
and aspiring entrepreneurs, with the aim of stimulating economic growth, creating and safeguarding jobs,
and improving long-term business sustainability.
Roach Fund Grant
Funding was received through the REACH Fund to strengthen the organisation's capacity to secure
social investment. The grant supported investment readiness work, including governance development,
business planning, and financial modelling to improve sustainability and scalability-
CIN Core Cost Funding
BBC Children in Need awarded funding to support a three-year youth services programme targeting
children and young people at risk of exdusion or involvement in crime. The project delivers structured
activities focused on improving confidence, mental wellbeing, and access to leaming opportunities,
aligned with the "Every Child Matters" framework.
THREADS
Funding was awarded through a collaborative research initiative led by the University of Essex. The
project explores working conditions and rights in the garment sector in the UK and Bangladesh.
Highfields Centre contributed to the research through community engagement, dats collection, and
knowledge exchange linking grassroots experiences with academic inquiry.
-23-

HIGHFIELDS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19.
MOVEMENT IN FUNDS - continued
ERF Match Funding
Support was provided by the Energy Resilience Fund to improve the Centre's environmental
sustainability. The funding enabled the implementation of energy efficiency measures and carbon
reduction strategies, supporting long-term resilience and alignment with environmental and legal
standards.
COF Grant
Funding was received under the UK Community Ownership Fund for capital improvements to Highfields
Centre, including refurbishment works and the creation of a roof garden. The project aimed to improve
sustainability, upgrade infrastructure, and increase community use of the facility through enhanced green
space.
Highfields Arts Project
Funding was received through a partnership with Attenborough Arts Centre to delThier the Highfields Arts
Project. The initiative engaged local residents in creative activities through workshops, exhibitions, and
community-led arts programming. The project supported skills development, festival participation. and the
establishment of future funding partnerships for continued cultural engagement.
Strengthening Communities Grant
Support was provided by The Henry Smith Charity towards the organisation's core running costs over a
multi-year period. The fiJnding enabled the continuation of community-based services in Greater
Highfields, LeI￿Ster, supporting disadvantaged individuals through general overhead coverage. staffing,
and infrastructure necessary for service delivery.
Creative Futures Project
Funding was secured as part of a collaboration led by Voluntary Action Leicestershire to deliver the
Creative Futures project. The initiative provided creative skills training, accredited arts qualifications,
volunteering opportunities, and employability support for young people, particularly those from
underrepresented backgrounds in East Leicester.
20.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31st March 2025.
-24-