REGISTERED COMPANY NUMBER: 06354930 (England and Wales)
REGlSfERED CHARITY NUMBER: 1122405
REPORT OF THE TRusfEES AND
FINANCIAL 5fATEMEKrs
FOR THE YEAR ENDED 31 MARCH 2025
FOR
sr ALBANS COMMUNITY A550CIATION
J W Hlnks LLP
Chartered Accountants
and Statutory Audltors
19 Highfield Road
Edgbaston
Birmlngham
West Mldlands
B15 38H

ST ALBANS COMMUNITY AssoaATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Trustees
I to 10
Report of thq Independent Audltors
11 to 13
ststement of Flnanclal Artlvltles
14
Balanee She•t
15 to 16
Cash Flow Statement
17
Notes to th¢ Cash Flow Statement
18
Notes to the Flnanclal 5t3ternents
19 to 42

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also dlrectors of the charbty for the purposes of the Cornpanle5 Act 2006, present thelr report with
the flnanci31 statements of the charity for the year ended 31 March 2025. The trustees have adopted the provislons of
Accounting and RepDrtin8 by Charltle5'. Statement of Recommended Practlce appllcable to Charltles preparing their
accounts in accordance wlth the Flnancial Reportlng standard appllcable In the UK and Republic of Ireland IFRS 1021
leffertlve ljanuary 20191.
OBJECTIVES AND ACTIVITIES
Objectlves and alms
Pur
ose5 an
alms
St Albans Communlty Assoclatlons ob}ectlve5 and prfnclpal actlvitles are to Improve the condltlons of Ilfe for the
resldents of the St Paul's Ward and the 5urroundlng areas of Sandwell through the provlslon of seTvlces to meet local
need and to make avallable facllltles for groups and local people.
st Albans Communlty As50clatlon's vislon can be summarlsed as follows.
To workfor a communlty in whlch all are valued and respected,
To work for a communlty In whlch every resident has acce55 to the informatlon, sUPPOrt and quality servlce5
they need.
To work for a communlty In whlch everyone, Irrespectlve of their hlstoryi culture, race, 8ender or dlsablllty,
can feel a sense of belonglng.
St Albans Communlty Assoclation's mlsslon Is to be an asset to the local communlty by provldlng acce5S to Incluslve and
supportlve 5ervlces whlch enoble resldents to thrlve and achleve thelr potentlal.
Ensurln
our work delivers our alms
We review our aims, objectives and actlvlties each year. Thls review looks at what we achleved and the outcomes of
our work In the prevlous 12 months, The revlew looks at the success of each key actlvity and the beneflts they have
brought to those groups of people we are set up to help. The review also helps us to ensure that our alm, oblertlves
and actlvlties remalned focused on ow stated purp05e5.
We have referred to the guldance contained In the Charlty Commlsslon's general guidance on public benefit when
revlewing our aims and oblectlves and In plannlng our future actlvltles, In partlcular, the trustees conslder how
planned actlvltles wlll contrlbute to the alms and objectlves they have set.
The focu5 of o
r work
The A5s0clatiofi continues to provide varlous activities to benefit a wlde range of age group5.
At present, the A550datlon provldes a pre-school provlslon, a day opportunltle5 servlce, an outmeal servlce, an advice
and support service, community 5UPPOrt, carers support, an older people 5UPPOrt servlce and opportunltles for
volunteer5.
In addition to the varlous services provlded by the A5soclation, the Association also hires rooms to variou5
communitylvoluntary groups from the local area. Thelr acilvlties Include arts and crafts, palnting and many other
activities which sult a wlde range of people and age group5. Furthermore, the Associatlon also supports several
autonomous groups by provldlng not only rooms but also support, advice and guidance on funding.
Grantmaklng
The A550ciatlon revlew5 various organisatlons and indlvldua15 who support and dellver the A5$0Ciatlon's objects.
Potential reclplent5 of grant5 paid by the A550ciatloD are reviewed by the Associatlon on a case by case basls dependlng
upon the avallable resource5 of the A55oclation.
Pa8e I

ST ALBANS COMMUNITY ASSOCIATION IREGISTEREO NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Achlevement and performance
Charltable artlvltles
How our actlvities deliver
ublic benefit
In setting our objettives and plannlng our actlvltles the trustees have glven careful conslderatlon to the Charity
Commission's general guldance on public benefit, includlng the guidance on publlc benefit and fee charglng.
Our main activlties and who we try to help are described below.
All of our charltable activities focus on our ability to improve the conditions of life for the residents of the St Paul's Wa rd
and the surroundin8 areas of Sandwell through the use of the facillties available to the Association.
Thls year St Albans not only exceeded Its fundralslng expectstlons but also dellvered slgniflcant improvements across our
servlces and facSlltles. Wlth the completion of a major reconflguration, renovatlon and new bulld in December 2024
our bold vlslon has been reallsed thanks to robust support from funders such as the National Lottery Communlty Fund,
the Eveson Charltable Trust. the Bernard 5unley Foundatlon. the Wolfson Foundation, the Heart of England Community
Foundatlon, the Rowlands Trust, the Garfbeld Weston Foundatlon and the Mlnlstry of Houslng, Communitles and Local
Government.
o Our CommStment and VlsSon
At St Albans our guldlng prlnclple Is to dellver ho115tlc, communlty-focused 5ervlces that foster real change. Every
Inltlatlve Is rooted In cornpa551on, dedlcatlon, and a Steadfast commltment to improvlng Ilves. Our succe55es thls year
speak to a deep allgnment wlth the needs, hopes and challen8e5 of those we serve
o Junlpers (Pre-school) - Enhanced Support for Growlng Needs
Wlth a notlceable rlse in children pre5entSng addltlonal need5, the Junipers programme ha5 ramped up Its SUPPOrt
framework. A dedicated team of five experlenced staff, two apprentlces, and a Famlly Worker (funded through the
Communities In Sync - Wlder Determlnants of Health programmel now ensures that both chlldren and thelr famllles
recelve tailored asslstance.
o Junlpers {Pre-schooll - Hollstlc Famlly Engagement
The Famlly Worker not only supports early educatlonal needs but also offers advlce and guldance on parentlng whlle
addresslng external challenge5 Such as the cost of lfvlng, housln8 pressure, and poverty.
o Elderberrles (Day Care and Lunch Clubl - A Beacon ofcommunlty Support
Under the leadershlp of Manager Clalre and her team of thlrteen dedicated staff members, the Elderberrles Club
contlnues to provlde a nurturlng. supportive envlronment. A dally offerln8 of love, care. nutritlou5 meal, and engagin8
entertalnment ha5 relnforced our 5ervl¢e's role as a Ilfellne for clients and carer5.
o Elderberrles (Day Care and Lunch Clubl - Growlng Strength and Antldpated Growth
Slnce achlevlng Approved Provlder Status Sn December 2023 the seNlce's posltlve Impact is evident In the feedback and
smllln8 faces of those It touches, even as we awalt the flnallsed contrart from the Local Authorlty.
o Outmeals - Dellverlng Dolly Nourlshment and Companlon5hlp
Our outmeals Service consistently provides freshly prepared meals while ensuring that vulnerable clients recelve regular
heck-ins. Th15 vltal yet stralghtforward support guarantees that Indlvlduals not only eat well but also feel seen and cared
for.
o Welfare Rights (funded through the Henrysmlth Charityl- EmpowerlngThrough Expert Advlce
Amid rising Ilvlng Costs, our welfare rlghts seNlce Is more essentlal than ever. Our adv15er1s In hlgh demand, offerlng
personalised, expert asslstance to he5p famllies navlgate financlal challenges and secure the beneflts they need. We
have also been prlvlleged thls year to secure a further 12 months of fundlng from the Henry Smith Charity. allowing u5 to
contlnue delivering this programme until September 2027.
Page 2

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
o Dlglcomm and Power Up - txgital Literacy that Surpasses Targets
In partnershlp with Sandwell Community Informatlon and Partlcipation SeNlce5 ISCIPSI and funded by the National
Lottery Community Fund, our Power Up Initlatlve ha5 exceeded all annual targets by 5UPPOrtlng Individuals. pre-school
parents, and organ15atlons.
o Dlglcomm and Power Up- Innovatlve Expanslon
The programme Is now plloting a c05t-of-living workshop designed to address financlal pressure5 such as household bllls,
utilitle5 and broadband costs, dlrect5y responding to the evoliiing needs of our community.
o Comrnunity Offer- A Collectlve Wellbeln8 and Support Inltlatlve.. Comprehenslve Wellbeing Support
The Sandwell Communlty Offer brlngs together local experts to provlde free, accesslble SUPPOrt for resldent5 aged 18
and over. Whether you need help managlng flnances, accesslng local servlces or bullding social networks our Communlty
Navlgators are on hand to offer per50nalised advice.
o Community Offer- A Collectlve Wellbeln8 and Support Initiatlve: Local Impact Through Strateglc Partnershlps
with servlces dellvered through collaboratlve efforts across Oldbury, Wednesburyi Rowley Regis, Tipton, Smethwlck (ln
partnership wlth Dorothy Parkesl and West Bromwich our approach Is truly communlty-wlde. Though the partnershlp
structure ha5 shlfted as of December 2024, wlth Murray Hall Communlty Trust now leadlng In certaln areas, our
commltment to well-belng remalns unchan8ed.
o Dementla Support Serwlce- A Compasslonate Response to Memory Loss
In collaboratlon wlth Murray Hall Communlty Trust and partner5 such as W8ACRC, Age UK, Agewell, BUDS, Alzhelmer's
Soclety and Dementla Pathflnders, the 5andwell Communlty Dementla Support Sen4lce dellvers crltlcal, personallsed care
for Indlvlduals Ilvlng wlth dementla and thelr famllies.
o Dementla Support Servlce - Tallored, Practlcal Asslstance
Our speclallst advi50r dedicate5 time and care to offer patlent. practlcal guidance. acknowledglng that dementia is
progressive whlle ensuring thot every client feels understood and 5UPPOrted.
Flnanclal revlew
Financlal posltlon
The Statement of Flnanclal Actlvlties for the year ended 31 March 2025 shows Incomlng re50urce5 of £1,128,84812024:
£1,697.5991 and resources expended of £1,019,09112024: £936,156), generatlng a surplus of Income over expendlture
totalllng £109,75712024., £761,443).
As a result, the Assoclation's net assets have Increased from £2,2SS,LTh)8 as at 31 March 2024 to £2,364,765 as at 31
March 2025.
For the year ended 31 Morch 2024 the trustees note that the surplus of £761,443 included grant income totalling
£385,OQO due from the Bernard Sunley Foundatlon. the Eveson Charitsble Trust, the Garfleld Weston Foundation, the
Heart of England Community Foundatlon, the Rowlands Trust and the Wolfson Foundatlon which had been obtained to
help fInan￿ the Association's reconfiguratlon, renovation and extenslon to the Assoclatlon's premlses.
Thls was in addltion to an initlal £300,000 in grant Income which was recognised by the A5soclation during the year
ended 31 March 2023 as due from the Department for Levelling Up, Housing & Communities, Community Ownership
Fund to help finance the Association's reconfiguratlon, renovation and extension to the A550clation's premises.
No such grant income has been recognised a5 due to the Assoclatlon for the year ended 31 March 2025.
The reserves are prlmarily to cover the development and future operational expenses of St Albans Communlty
Associatlon.
Prfnclpal fvnding sources
St Albans Communlty Assoclation 15 reliant upon the income derfved from grants it receive5 from organlsations such as
Sandwell Metropolltan Borough Councll and other grant making organlsation5 as well as income derlved from room hire
and catering and other sources of income.
Page 3

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
srRATEGIC REPORT
Flnanclal revlew
Reserves pollcv
St Abans Communlty A550clatlon recognlses the Importance of having reserve5,
These funds are freely avallable to Spend on any of the A550clatlon's purposes and hence exclude re5trirted funds.
They will be used to mltlgate 51gnlflcant falls In Income or to tske advantsge of new opportunlties.
The Assoclatlon faces a number of risks that may result In the need to use the Assoclation's reserves.
Some of these Include the followlng.
A reductlon In fundlng from external fundlng provlders.
Unexpected refurblshment cost5 In relation to the Assoclation's premlse5.
External fattors Impactlng the Assoclatlon such a5 National Llvlng Wage Increases or Increasing utlllty blll5.
Reserves are represented by the fund balances as dlsclosed In the balance sheet on page 16 of the flnanclal statements.
The balance sheet shows unrestrlcted reserves IreseNes that do not carry any restrlctlons on how they can be used) of
£1,146.478 as at 31 March 202512024.. £1,092,152}. In assesslng our level of free reserves as at 31 March 2025 we also
exclude flxed assets totalllng £216,123 12024.. £209,850) and deslgnated fund balances totalling £554,426 {2024:
£456.7431. Thls leaves free reserves totallln8 £375,929 as at 31 March 202512024: free reserves totalllng £425,558).
The trustees have revlewed the reseNes ot the Assoclatlon. It15 the pollcy of the Assoclatlon to malntaln unrestrlrted
funds, whlch are the free reserves of the A550cSatlon, at a level sufflclent to ensure the contlnued operatSon of the
Assoclatlon's artlvltles.
The trustees acknowledge the Associatlon's free reserves posltlon 35 at 31 March 2025 and as at 31 March 2024 have
been affected by $18nlflcant deslgnated fund balances beln8 carrled forward as at 31 March 2025 and at 31 March 2024.
The level of reserves wlll be monltored and revlewed by the trustees annually,
Page 4

ST ALBANS COMMUNITY ASSOCIATION {REGISTERED NUMBER: 063549301
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Prlncipal rlsks and uncertalntles
The Board of Trustees has responslblllty for ensurlng that there are effective rlsk management and systems of Internal
control in place to manage the charity's major rlsks and to support the achievement of our strategic objectives.
The princlpal rlsks to the charlty and how these are managed are set out below.
R15k- flnanclal erformance and sustalnablli
Rlsk concerning flnancial performance and 5UStalnablllty Includes any slgnlflcant reductlon In fundraislng due to
economic condltlons. Thls rlsks undermlnln8 our ablllty to meet the needs of our users and to meet our strateglc alms.
Rlsk concernlng flnanclal performance and sustalnablllty Is managed by the holding of reserves and a regular revlew of
charlty reserve5. Senlor management and the Board of Trustees also regularly revlew and 5crutlTrlse the charlty's short
and medlum-term flnanclal posltion.
Risk - safe
uardln
of vulnerable and oun
le
Rlsk concernin8 the safeguardlng of vulnerable and young people Indudes negllgence In relatlon to safeguardlng policles
or when prartlce results In or contrlbutes to serlous harm or Injury to a young person or vulnerable adult and damages
the Assoclatlon's reputatlon.
Rlsk COn￿rnIng the safeguardlng of vulnerable and young people Is managed by safeguardlng tralnlng for all employees
workln8 dlrectly wlth vulnerable and young people.
Rlsk - Information securl
R15k concernlng Informatlon securlty Include5 serlous data protectlon or securlty fallure whlch may result In legal and
contractual Issues, reputatlonal damage and potentlal flnes and10ss of income.
Rlsk concernlng Informatlon securlty Is managed by havlng a structure In place for Informatlon monitorlng and
compllance and by the routlne testlns of IT systems to Identlfy any securlty weaknesses.
Page 5

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Future plans
During the comlng year the Associatlon Intends to continue to meet its alms and objectlves provldlng a wlde range of
5ervlces to benefit local people and to alleviate povertv.
Building on our succes525 for the year ended 31 March 2025 we look to the future with clear. strateglc goals.
In general our plans for the year ended 31 March 2026 include the foSlowlng.
Ex
andln
Servlce Reach
We will be looklng to contlnuously enhance Dur service dellvery through evldence-based strategles and data-drlven
Insights.
Dee
enln Communl
Partnershi
We will be looking to explore new collaboratlons and refine ex15tlng ones for more robust, communlty-centric support.
Innova
Ive Pro ramme Develo
ment
We will look to Commlt to pilotlng programmes that dlrectly address emergent needs, ensurlng that Dur efforts remaln
timely and ImpartFul.
Celebratln
Im
act
We wlll look to Integrate quantltatlve outcomes and personal testimonials Into our future reports to clearly
communicate our progress and foster deeper connectlons.
Other
We wlll expand our Communlty Response Team and support them In contlnulng to deliver hlgh qualltv SUPPOrt and
mechanlsms that assist local people and famSlle5 In Improving thelr economlc footprint.
Slmultaneouslyi we are actlvely explorlng new collaboratlons and Innovatlve opportunltles to enhance our support for
arers further, ensurlng they have the resources and asslstance they deserve. We are also developing a broad
programme of support wlth SCIPS, our Invaluable partner. We are currently explorin8 partnershlp5 and opportunltles
to support carers better,
ToBether, we are forglng a future where every member of our communlty feels seen, supported, and empowered.
St Albans Is not merely an organlsatlon Itls a passlonate communlty partner dedlcated to tran5formln8 Ilves. We take
pride In our achlevements and are even more excited about the Journey ahead.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governlng document
St Albans Communlty A5s0clatlon Is a company Ilmlted by guarantee Ireglstered number 06354930) whlch was
Incorporated on 29 August 2007 and achleved charltable Status on 22 January 2008 Ireglstered number 11224051.
The Assoclatlon was established under a Memorandum of Assoclation which e5tabllshed the objects and powers of the
Association and is governed under Its Artlcles of Association. In the event of the Association being wound up members
are requlred to contrlbute an amount not exceedlng £1.
Recrultment and appolntment of new trustees
As set out in the A550ciation's Articles of Assoclatlon new trustees are appolnted by the Board of Trustees after
applying to the Association In the form required by the trustee5 and after belng approved by the Board of Trustees.
All trustees glve thelr tlme voluntarlly and receive no benefits from the Assoclatlon. Any expenses reclalmed from the
Assoclation are set out in the notes to the financial statements.
Page 6

ST ALBANS COMMUNITY ASSOCIATION {REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEE5
FOR THE YEAR ENDED JI MARCH 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Organisatlonal strurture
St Albans Community A550ciation Is organlsed so that Its management commlttee of trustees meet regularty to manage
Its affalr5 and formulate pollry,
A scheme of dele8ation Is In place and day to day respon51blllty for the prov155on of the Assoclatlon's services rests wlth
the CEO. The CEO Is responslble for ensurlng that the Associatlon dellver5 the 5ervlces 5peclfled and that key
performance Indicator5 are met.
The CEO also has responsibility for the day to day Operational management of the
Association. Individual superv151on of the staff team and ensurlng that the team contlnue to develop their skllls and
worklng practlces In Ilne wlth good practlce.
Indurtlon and tralnlng of new trustees
New trustees undergo an orlentation day to brief them on legal obligations under charlty law, the content of the
Assoclatlon'5 Memorandum and Artlcles of Assoclatlon, the commlttee and decislon-maklng processes and the recent
financlal performance of the A550ciatlon.
Durlngthe Indurtlon day they meet key employees and othertrustees.
Trustees are encoura8ed to attend approprlate external trainln8 events where these wlll facllitate the understandln8 of
thelr role.
Key fflanayment remuneratlon
In the trustees, oplnlon, the key management personnel of the Assoclatlon re5pon55ble for the dlrectlon, control, wnnlng
and operatlon of the A550clatlon on a day to day bas15 conslsts of the Board of Trustee5 and the CEO.
Ke
mana
ent
erso
nel - trustees
All trustee5 glve of thelr tlme freely and no trustee recelved remuneratlon durlng the year.
Detalls of tru5tees' expenses and related party transactlons are dlsclosed In notes 12 and 24 to the flnanclèl statements.
Ke
ana
ement
er50nnel - CEO
The pay of the A5soclatlon's senlor staff Is revlewed annually and normally Increased based upon the p051tlon of the
Assoclatlon's flnances and the cost of Ilvin8 In general. In view of the nature of the A5sociatlon, the trustee5 benchmark
pay levels In other slmllar organlsatlons of a slmllar size.
Rlsk management
The trustee5 have a duty to Identlfy and revlew the rlsks to whlch the charlty is exposed and to ensure appropriate
controls are In place to provlde reasonable a55urance agalnst fraud and error. The A550ciatlon has a rlsk reglster that IS
viewed on a regular basls.
Fundralslng
The Assoclatlon's fundralslng durlng the year ended 31 March 2024 was undertaken by staff and volunteers and not bv
any professlonal fundralsers or commerclal companles.
Only a small proportion of our Income comes from voluntsry donations from our supporters.
However, through the
fundralsing efforts of our staff and supporters, we are generating flnancial resources to enable us to provlde our servlces.
Our Board of Trustees is deeply committed to bulldin8 relatlonships and trust wlth our supporters and Is committed to
the strengthening of overslght and a55ur3nce concerning our fundraisin8 programmes and In ensuring compliance and
best practice in these area5.
We contlnue to be committed to addressing any expresslon of dissatlsfaction on the part of our supporters and to
examlning ways to improve the levels of our 5ervlce to them.
Page 7

ST ALBANS COMMUNITY AssoaATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Reg15tered Company number
06354930 (England and Wales)
Regjstered Charjty number
1122405
Re￿stered office
St Albans Communlty Centre
St Albans Road
Smethwlck
West Mldlands
B67 7NL
Trurtees
R Bruce
R D Darlington
R Evetts
M D Hawkes
S Penn
Gsohal
A Docker
C M Coleman lappolnted 21.11.241
Chlef Exttutlve Offlcer
T M Flannagan
Senlor statutory audltor
Peter Smith FCA
Company Secretsry
T M Flanna8an
Audltors
J W Hlnks LLP
Chartered Accountants
and Statutory Audltors
19 Highfleld Road
Ed8baston
Blrmlngham
West Mldlands
B15 3BH
Sollcltors
Anthony Colllns Solicltors LLP
134 Edmund Street
Irmlngham
B3 2ES
Page 8

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Co-operatlve Bank
l Balloon Street
Manchester
M60 4EP
Leek Unlted Buildlng Society
50 St Edward Street
Leek
Staffordshire
ST13 5DL
Santander Bank
2 Trlton Square
Regent'5 Place
London
NWI 3AN
Charlty Bank
Fosse House
182 Hlgh Street
Tonbridge
Kent
TN9 18E
United Trust Bank Llmlted
l Ropemaker Street
London
EC2 9AW
FUNDS HELD AS CUSTODIAN FOR OTHERS
andwell Dementla Actlon Alllance
The Sandwell Dementia Action Alllance Is made up of organlsations that operate acmss the borough of Sandwell and are
working towards creatlng dementla frlendly communltles to Improve the Ilves fo people Ilvlng wlth dementla and their
carers.
Durlng the year ended 31 March 2022 St Albans Communlty Assoclatlon recelved £5,000 from the Sandwell Dementla
Actlon Alllance to be held by the Assoclatlon on behalf of the Sandwell Dementla Artlon Alliance,
Durlng the years ended 31 March 2023 to 31 March 2025 a totsl of Enll12024: £nlll has been expended by Sandwell
Dementla Artlon Alllance from thls sum of money, leavlng an unexpended balance totalllng £5,000 whlch has been
Included by the Assoclatlon wlthln other credltors falllng due wlthln one year as at 31 March 202512024.. £5,OCN)11.
srATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the dlrertors of St Albans Cornmunity Assoclatlon for the purposes of company lawl are
responslble for preparing the Report of the Trustees and the flnancial statements In accordance wlth appllcable law and
Unlted Klngdom Accountlng Standards Iunlted Klngdom Generally Accepted Accountlng Practlcel Includln8 Flnanclal
Reportlng Standard 102 The Financlal Reportlng Standard applicable In the UK and Republlc of Ireland"
Company law requlres the trustee5 to prepare flnanclal statements for each flnancial year whlch glve a true and falr vlew
of the state of affalrs of the charltable company and of the Incomlng resources and appllcatlon of resources, Includlng
the Income and expenditure, of the charltable company for that perlod. In preparing those financlal 5tatement5, the
trustees are required to
select suitable accounting pollcles and then applythem cons15tently;
observe the methods and prlnclples In the Charlty SORP,.
Jnake Judgements and estlmate5 that are reasonable and prudent,.
prepare the flnancial Statements on the 8olng concern basls unless It15 Inapproprlate to presume that the charltable
company will contlnue In business.
The trustees are responslble for keeping proper accounting records whlch dlsclose with reasonable accuracy at any time
the financlal p05itlon of the charltable company and to enable them to ensure that the financlal statements comply with
the Companies Act 2006. They are also responsible for safeguardlng the assets of the charitable company and hence for
taking rea50n3ble step5 for the prevention and detertion of fraud and other irre8ularitie5.
In so far as the trustees are aware:
there15 no relevant audlt Information of which the charitable company's auditor5 are unaware: and
the trustees have taken all step5 that they ought to have taken to make themselves aware of any relevant audit
information and to establlsh that the audltors are aware of that Informatlon.
Page 9

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
AUDITORS
The auditots, J W Hinks LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Thls report has been prepared in accordance wlth the speclal provislons of Part 15 of the Companies Act 2006 relating to
small companles.
Report of the trustees, Incorporating a strategic report, approved by order of the board of trustees, as the company
dlrertors, on 9 July 2025 and slgned on the board's behalf by:
A Docker- Trustee
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
srALBANS COMMUNITY ASSOCIATION
Oplnlon
We have audited the flnancial statements of St Albans Communlty Assoclation Ithe 'charitable company'l for the year
ended 31 March 2025 whlch comprlse the Statement of Financial Artivitie5. the Balance Sheet. the Cash Flow Statement
and notes to the financial Statements, Includlng a summary of signlficant accounting pollcies. The financial reportlng
framework that has been applied In their preparation Is appllcable law and Unlted Kingdom Accountlng Standards
(Unlted Klngdom Generally Accepted Accountlng Practl¢el, including Flnancial Reporting Standard 102 'The Financlal
Reporting Standard appllcable in the UK and Republlc of Ireland,.
In our opinlon the flnanclal 5tatements'.
glve a true and falr vlew of the state of the charitsble company's affalrs 35 at 31 March 2025 and of Its Incoming
resources and appllcatlon of resources, includlng Its Income and expendlture, for the year then ended;
have been properly prepared In accordance with United Klngdom Generally Accepted Accounting Practlce, Includlng
Financlal Reportlng Standard 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland,; and
have been prepared in accordance wlth the requlrements ofthe Companles Act 2006.
Basls for oplnlon
We conducted our audit In accordance wlth Internatlonal Stsndards on Audlting IUKI IISAs IUKII and appllcable law. Our
responslbilltles under those standards are further descrlbed In the Audltors, responslblllties for the audlt of the flnanclal
ststements sectlon of our report. We are Independent of the charltable company In accordance wlth the ethlcal
requlrements that are relevant to our audit of the flnanclal statements in the UK. including the FRC'S Ethlcal Standard,
and we have fulfllled our other ethlcal responslbllltles In accordance wlth these requlrements.
We belleve that the
audlt evldence we have obtalned15 sufflclent and approprlate to provlde a ba515 for our oplnlon,
Concluslons relatlng to solng ¢oncern
In audltlng the flnanclal statement5, we have concluded that the trustees, use of the golng concern basls of accountlng In
the preparatlon of the flnanclal ststements Is approprlate.
Based on the work we have performed, we have not Identlfled any material uncert31ntie5 relatlng to events or condltlons
that, Indlvldually or co11ectlvely, may c35t 51gnlficant doubt on the charltable company's abillty to contlnue os a golng
concern for a perlod of at least twelve months from when the financial statement5 are authorlsed for155ue.
Our responslbllltles and the responslbllltles of the trustees wlth respect to golng concern are de5crlbed In the relevant
sertlons of thls report.
Other Inforniatlon
The trustees are responslble for the other Informatlon. The other Information comprlses the Informatlon Included In the
Annual Report, other than the flnanclal statements and our Report of the Independent Audltor5 thereon.
Our opinlon on the financial Statements does not cover the other Informatlon and, except to the extent otherw15e
expllcitly stated In our report, we do not expres5 any form of assurance conclu5ivn thereon.
In connectlon with our audlt of the flnancial statements, our responslblllty Is to read the other infonnatlon and. In doing
so, con51der whether the other Snformatlon 15 materially Incon51stent with the flnancial statement5 or our knowledge
obtalned in the audit or otherwlse appears to be materlally misstated. If we Identify such materlal Incons15tencies or
apparent materlal misstatements, we are requlred to determine whether this gives rlse to a material misstatement In the
financlal statements themselve5. If, bèsed on the work have performed, we conclude that there is a materfal
mlsstatement of thls other Informatlon, we are requlred to report that fact. We have nothlng to report In thls regard.
Oplnions on other matters prescrlbed by the Companles Act 21106
In our opinlon, based on the work undertaken In the course of the audlt:
the inforniation glven in the Report of the Trustees for the financlal year for whlch the flnancial ststements are
prepared is consistent with the financlal statements: and
the Report of the Trustees has been prepared In accordance with applicable legal requirements.
Page 11

REPORT OF THE INDEPENDENT AUDITORSTO THE MEMBERS OF
ST ALBANS COMMUNifi ASSOCIATION
Matters on which we are required ta report by exceptlon
In the light of the knowledge and understanding of the charitable company and its environment obtalned in the course
of the audit, we have not identlfled materlal mlsstatements In the Report of the Trustees.
We have nothlng to report in respect of the followinB matters where the Companies Art 2006 requiTe5 U5 to report to
you If, In our oplnlon:
adequate accounting records have not been kept or return5 adequate for our audlt have not been received from
branches not vlslted by us,. or
the financial statements are not in agreement wlth the accounting records and returns; or
certain disclosures of trustee5' remuneratlon 5peclfied by law are not made. or
we have not recelved all the information and explanatlons we require for our audlt,. or
the trustees were not entltled to take advantage of the small companles exemptlon from the requlrement to prepare
Strateglc Report or in preparlng the Report of the Trustees.
Responsibllltles of trustees
As explalned more fully In the Statement of Trustees, Responsiblllties, the trustees (who are also the dlrectors of the
harltable company for the purposes of company law) are responslble for the preparation of the financial statements
and for belng satlsfled that they glve a true and falr vlew, and for such Internal control as the trustees determlne 15
necessary to enable the preparatlon of flnanclal statements that are free from materlal mlsstatement. whether due to
fraud or error.
In preparlng the flnanclal Statements, the trustees are responslble for assesslng the charitable company's ability to
contlnue as a goln8 concern, dlscloslng, as appllcable, matters related to 8olng concern and uslng the golng concern basls
of accountlng unless the trustees elther Intend to Ilquldate the charltable company or to cease operatlons, or have no
reallstlc altematlve but to do so.
Our responslbllltles for the aud5t of the flnanclal statements
Our objectlves are to obtaln reasonable assurance about whether the financlal statements as a whole are free from
Tnaterlal mlsststement, whether due to fraud or error, and to Issue a Report of the Independent Audltor5 that Includes
our oplnion. Reasonable a55urance 15 a hlgh level of a55urance, but 15 not a guarantee that an audlt conducted in
accordance wlth ISAS IUKI wlll always detert a materlal mlsstatement when it exlsts. Mlsstatements can arlse from fraud
or error and are considered materlal If, Indlvldually or In the aggregate, they could reasonably be expected to Inftuence
the economlc dec151on5 Of users taken on the ba51s of these financlal ststements.
The extent to whlch our procedures are capable of detertlng Irre8ularltles, Includlng fraud Is detalled below:
Enqulrlng wlth management and others to galn an understandln8 af the organlsation Itself Includlng
operatlons, financlal reportlng and known fraud or error.
Evaluatln8 and understandlng the Internal control System.
Performlng analytlcal procedures as expected or unexpected varlances In account balances or
classes of transactlons appear.
Testing documentatlon supportlng account balances or classes of transartlons,
Confirmlng accounts receivable and other accounts wlth a thlrd party.
A further descriptlon of our responsibllitles for the audit of the flnancial statempnts is located on the Financlal Reporting
Council'5 website at wMv,frc.org,uklauditorsre5ponsibilities. This description form5 part of our Report of the
Independent Auditors.
Page 12

REPORTOF THE INDEPENDENT AUDITORSTO THE MEMBERS OF
ST ALBANS COMMUNITY ASSOCIATION
Use of our report
Thls report Is made solely to the charltable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Companles Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them In an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and
the charitsble company's members as a body, for our audit work, forth15 report, or forthe opinlons we have formed.
Peter Smlth FC4 (Senlor Statutory Audltor)
for and on behalf of J W Hlnks LLP
Chartered Accountants
and Statutory Audltors
19 Hlghfleld Road
Edgbaston
Blmiln8ham
West Midlands
BIS 38H
9 July 2025
Page 13

ST AL8ANS COMMUNITY ASSOCIATION
srATEMENT OF FINANCIAL AcfiviTIE5
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Tota
funds
Unrestrlcted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donatlons and le8acie5
4,272
4,272
6,653
Charitable actlvltle$
Grants recelvable
477.878
164.914
642.792
1,222,852
Other tradlng actlvltles
Investment Income
Other Income
471.087
10.697
471.087
10.697
414,106
10,138
43.850
Totsl
963,934
164,914
1,128,848
1,697,599
EXPENDITURE ON
Charltable actlvltles
Charltable activities
Support cost5
678.708
233,399
90,714
16,270
769,422
249,669
749,147
187.009
Totsl
912,107
106,984
1.019.091
936,156
NET INCOME
Transfers between funds
51,827
2,500
57,930
12,500)
109,757
761,443
22
Net movement In fund5
54,327
55,430
109,757
761,443
RECONCILIATION OF FUNDS
Total funds brought fonvard
1.091151
1.162.857
2,255.008
1,493,565
TOTAL FUNDS CARRIED FORWARD
1,146,478
1,218,287
2,364.765
2,255,008
The notes fom part of these flnancial statements
Page 14

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 06354930)
BALANCE SHEEr
31 MARCH 2025
2025
Totsl
funds
2024
Total
fijnds
Unrestrlcted
fund5
Restrlcted
fund5
Notes
FIXED ASSETS
Tan8ible a55ets
16
216,123
1.355,404
1.571,5Z7
1,109.259
CURRENT A5SErs
stocks
Debtors
Cash at bank and In hand
17
18
1,700
86,167
890.537
1,71)0
101,167
756,019
755
464,030
827,077
15,000
134,518)
978.404
1119.5181
858.886
1,291,862
CREDITORS
Amounts falllng due wlthln one year
19
140,699)
117,5991
158,298)
1135,918)
Nrf CURRENT ASSET5
937,705
157,1171
800,588
1,155,944
TOTALASSEfs LESS CURRENT LIABILITIES
I.153￿Z8
1,218,Z87
2,372,115
2,265,203
CREDITORS
Amounts falllng due after more than oneyear
20
(7.350)
(7.350)
110,1951
NET ASSErs
1,146,478
1,218.287
2,364.765
2,255,008
FUNDS
Unrestrlcted funds..
General fund
Desi8nated - Gipltal Reserve fund
Deslgnated- Property Malntenance fund
Designated- Redundancy fund
De51gnated - Roof Replacement fund
Designated - Buildln8 E)rten5ion fund
Deslgnated - Bullding Refurb15hment furbd
Designated - Minibus fund
De5ignated- Van fund
Designated - Furniture fund
Deslgnated - Pre-school Soft Play Replacement
fund
22
592,052
30,OOQ
28,OQO
61N26
loo,000
IOD.OCO
35,000
120,000
10,000
45,000
25,000
635,408
30,LThJO
30,000
41,743
60,000
220,000
35,000
40,000
1,146,478
1,092,151
Restrlcted funds
1,218.Z87
1,162,857
TOTAL FUNDS
2,364.765
2.255.008
The notes form part of these financial statements
Page 15
continued.

ST ALBANS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 063549301
BALANCE SHEET- contlnued
31 MARCH 2025
These flnancial statemEnts have been prepared in accordance wlth the prov151ons applicable to charitable companie5
subject to the small companles reglme.
The financlal Statements were approved by the Board of Trustee5 and author15ed for i55ue on 9 July 2025 and were
51gned on its behalf bv..
A Docker- Trustee
The notes forni part of these flnanclal 5tatement5
Page 16

ST ALBANS COMMUNITY ASSOCIATION
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng actlvltlqs
Gish generated from operations
454,003
791,810
Net cash provlded by operating artlvltles
454,003
791,810
Cash flows from Investlng actlvltle5
Purchase of tanglble flxed assets
Sale of tanglble flxed asset5
Interest received
(533,813)
900
10,697
1744,3321
10,138
Net cash used In investing actlvitles
522,2161
1734,1941
Cash flows from flnanclns actlvltles
New loans In year
Loan repayments In year
14.226
11,1851
2,845)
Net cash (used Inllprovlded by flnancin8 artlvStles
{2,8451
13,041
Change In cash and cash equlvalents In the
reportlng perlod
Cash and cash equlvalents at the beglnnlng
of the reportlng perlod
(71,058)
70,657
827.077
756,420
Cash and cash equlvalents at the end of the
r•portln8 pertod
756,019
827,077
The notes form part of these financial statements
Page 17

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE CASH FLOW STATEMENT
FOR ThE YEAR ENDED 31 MARCH 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES
2025
2024
Net income for the reportlng perlod las perthe Statement of Hnanclal
Activities)
Adjustments for:
Depreciation charEes
Loss on dSsp05al of flxed assets
Interest received
(Increasel/decrea5e in stocks
Decrease/llncreasel In debtors
IDecreasel/lncrease In credltors
109.757
761.443
66.145
4,5QQ
110,6971
1945)
362.863
177,620)
50,092
{10,1381
1,215
{61,861)
51,059
Net cash provlded by operatlons
454,003
791,810
ANALYSIS OF CHANGES IN NEf FUNDS
At 1,4.24
Cash flow
At 31.3.25
Net cash
Cash at bank and In hand
827.077
(7L058)
756.019
827,077
71,058)
756,019
Debt
Flnance leases
13,0411
2,845
110,196)
(13,041
2,845
(10,1961
Totsl
814.036
168,213)
745.823
The notes form part of these flnanclal 5tatement5
Page 18

ST AL8ANS COMMUNITY ASSOCIATION
NOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20Z5
ACCOUNTING POLICIES
GENERAL INFORMATION AND BASIS OF PREPARING THE FINANCIAL STATEMENTS
General Inform?tlon
St Albans Community A550clat5on Is a charlty Incorporated In England and Wales. The address of the
Assoclatlon's registered office Is St Albans Communlty Centre, St Albans Road. Smethwlck, West MSdlands, B67
7NL.
Accountlng conventlon
The flnancial statements of the A550clation, whlch Is a public benefit entity under FRS 102, have been prepared In
accordance wlth the Charltles 50RP IFRS 1021 "Accounting and Reportlng by Charltles,. Statement of
Recommended Practlce appllcable to charitle5 preparing thelr accounts in accordance with the Flnanclal
Reporting Standard applicable In the Unlted Kingdom and Republlc of Ireland IFRS 1021 (effective l January
20151" Flnanclal Reportlng Standard 102 "The Flnanclal Reportlng Standard appllcable In the UK and Republlc of
Ireland"
the Companies Act 2006 and the Charltles Act 2011.
The flnanclal statements have been prepared using the hlstorlc cost convention and are presented In sterllng
whlch Is the functlonal currency of the Assoclatlon, rounded to the nearest £1.
The slgnlflcant accounting pollcles applled in the preparatlon of these flnancial statements are set out below.
These policles have been consistently app15ed to all years presented unles5 Otherwlse stated.
COMPANY STATUS
The Assoclatlon Is a company Ilmited by guarantee. The members of the Assoclation are the trustees named on
the cornpany Information page. In the event of the Assoclatlon belng wound up the Ilablllty In respect of the
guarantee Is Ilmlted to £1 per member of the A550ciatlon.
GOING CONCEAN
The flnanclal Statements have been prepared on a going concern basis as the trustee5 belleve thèt no materlal
uncertalntles exlst. The trustees have considered the level of funds held and the expected level of Income and
expendlture for 12 month5 from authorlslng these fln3nclal statement5. The expected level of Income and
expendlture Is sufficlent wlth the level of reserves for the Assoclation to be able to continue a5 a goln8 concern.
INCOME
All income Is recognlsed In the Statement of Flnancial Actlvlties once the As50ciatlon has entltlement to the
funds, it Is probable that the Income wlll be received and the amount can be measured rellably.
For donation5 to be recognlsed the AssocSation wlll have been notlfied of the amount5 and the settlement date in
wrlting. If there are conditions attached to the donatlon and thls requlres a level of performance before
entltlement can be obtalned then income is deferred untll those conditlons are fully met or the fulfllment of
those condltions is within the control of the Assoclation and it Is probable that they will be fulfilled.
For legacies, entltlement is the earller of the Assoclatlon belng notlfled of an Impendlng distrlbutlon or the legacy
belng received. At thi5 point income 15 recognlsed. On occasion legacies wlll be notlfied to the A550ciation.
However, it 15 not alway5 possible to measure the amount expected to be dlstrlbuted. On these occasions the
legacy is treated a5 3 contlngent asset and disclosed.
Income from trading actlvities includes Income earned from fundraislng events and trading actlvltles to ralse
funds for the A550ciation. Income Is recelved In exchange for supplying goods and services in order to raise
funds and is recognised when entltlement has occurred.
The Association receive5 local authorlty grants and grants from other third parties in respect of its actlvities.
Income from local authorlty Erant5 and grant5 from Other third parties is recognised at falr value when the
Association has entltlement after any performance conditlons have been met. it is probable that the Income wlll
be received and the amount can be measured reliably. If entltlement 15 not met then these amounts are
deferred.
Page 19
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES- continued
INCOME
Investment Income 15 earned through holding assets such a5 cash on deposlt. It includes Interest recelvable.
Interest incDme 15 recognised using the effectlve Interest rate method and Is recognlsed as the A55oclation's right
to recelve payment is establlshed.
EXPENDITURE
All expendlture Is accounted for on an accrua15 bas15 and has been cla5s1fled under headlngs that aggregate all
costs related to the category. Expendlture Is recognised where there 15 a legal or constructlve obllgation to
make payment5 to third parties, it Is probable that the settlement wlll be required and the amount of the
obllgatlon can be measured reliably.
It Is categorlsed under the followlng headlng5.
Cost5 of raising funds.
Expendlture on charitable activitie5.
Other expendlture representlng those items not fallln8 Into the above categorles,
Support costs are those that asslst wlth the work of the A5soclatlon but do not dlrectly represent charitable
actlvltles and Include offlce costs, governance costs and other admlnlstratlve costs.
Grants payable to thlrd partles are wlthln the Assoclatlon's charltable oblectlves. Where uncondltlonal grants
are offered, thls Is accrued as soon as the reclplent Is notlfled of the grant as thls glves r15e to a reasonable
expettatlon that the reclplent wlll recelve the grant. Where grants are condltlonal relatlng to performance then
the grant Is only accrued when any unfulfilled condltlons are outslde of the control of the Assoclatlon.
ALLOCATION AND APPORTIONMENT OF COSTS
AII costs are allocated between the expendlture categorles of the Ststement of Flnanclal ActlvltSes on the bas15
de51gned to reflect the use of the resource. Costs relatlng to a partlcular actlvlty are allocated dlrectly, others
are apportloned on an approprlate basls e.g. floor areas, per capits or estlmated usa8e.
TANGIBLE FIXED ASSETS
Depreclatlon Is provlded at rates calculated to wrlte off the cost of each asset over Its expected useful Ilfe a5
follows.
Land
Freehold property
Freehold property Improvements
Uft and soft play area
Furnlture, flxtures and fittlngs
Motor vehicles
Not depreclated
1% stralght Ilne ba515
2% stral8ht line basls and IO% stralght Ilne basls
IO% stralght Ilne ba515
10% stralght Ilne ba515
25% stralght Ilne basls
The gain or loss ari51ng on the d15posal of an asset is determined as the dlfference between the sale proceeds and
the carrylng value of the asset and Is recognlsed in net Incomellexpenditurel for the year.
STOCKS
Stocks are valued at the lower of cost and net reallsable value after maklng due allowance for obsolete and slow
movin8 Item5.
TAXATION
The AssDciation is exempt from corporatlon tax on Its charitable activities.
CASH AND CASH EQUIVALENTS
Cash and cash equlvalent5 include cash in hand and deposits held at call wlth banks. Bank overdrafts are shown
within borrowings In current liabllltles.
Page 20
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED JI MARCH 2025
ACCOUNTING POLICIES- contlnued
HIRE PURCHASE AND FINANCE LEASE COMMITMENTS
Assets acquired under hire purchase contracts and finance leases are capits115ed a5 tanglble flxed assets.
A55ets acqulred by flnance lease are depreciated over the shorter of the lease term and their useful lives.
A55ets acqulred by hlre purchase are depreciated over their useful Ilves.
Obllgatlons under such agreements are Included In credltors net of the flnance charge allocated to future
periods.
OPERAnNG LEASE5
Rentals payable under operatlng leases are charged to the Statement of Flnancial Actlvltles as Sncurred over the
term ofthe lease.
FUNDACCOUNTING
Unrestrlrted funds can be used in accordance wlth the charltable objectlves at the dlscretlon of the trustees.
Restrlcted funds can only be used for partlcular restrlcted purposes wlthln the objects of the Assoclation.
Re5trlctlons arlse when speclfled by the donor or when funds are ra15ed for partlcular restrlcted purposes.
Further explanatlon of the nature and purpose of each fund is Included In the notes to the fTnanclal statements.
PENSIOP4 COSTS AND OTHER POST-RETIREMENT BENEFITS
Contrlbutions to the personal pension schemes of certaln employees are charged to the Statement of Flnanclal
Artlvltles In the perlod In which they relate. The assets of these personal penslon schemes are held separatelv
from those of the charltable company In Independently admin15tered funds.
EMPLOYEE BENEFIT5
When employees have rendered servlce to the Assoclatlon, short-term employee beneflts to whlch the
employees are entltled are recognlsed at the und15counted amount expected to be pald In exchange for that
servlce.
The cost of any unused hollday entltlement Is recognlsed In the perlod In whlch the employee's servlces are
recelved.
Terminatlon beneflt5 are recognlsed immedlately as an expense when the As50Ci3tlon is demonstrably
commltted to terminate the employment of an employee or to provlde termlnation beneflts.
FINANCIAL INSTRUMENTS
The Associatlon ha5 elected to apply the provlsion5 of Sectlon 11 '8aslc Flnancial Instruments" and Sectlon 12
"other Financlal Instrument5 Issues" of FRS 102 to all of its flnanclal statements.
Financial Instruments are recognised In the Assoclatlon's balance sheet when the Assoclatlon becomes party to
the contractual provislons of the instrument.
Flnancial asset5 and liabilities ale offset, wlth the net amounts presented in the financial statements, when there
Is a legally enforceable right to Set off the Tecognlsed amounts and there is an intention to settle on a net basls or
to realise the a55et and Settle the Ilability 5imultaneou51y.
Baslc financlal a5SÈt5
Ba51c financlal assets, whlch include trade and other recelvables and cash and bank balances, are Initially
measured at transactlon price Including transaction costs and are Subsequently carried at amortlsed cost using
the effective Interest method unles5 the arrangement constltutes a financing transartlon where the transartion15
measured at the present value of the future receipts discounted at a market rate of Interest.
Page 21
continued.-.

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES- continued
FINANCIAL INSTRUMENTS
Other flnanclal assets
Other financial assets are Initially measured at falr value which Is normally the transaction prlce. Such assets
are Subsequently carried at falr value and the changes In falr value are recognised in the income and expenditure
account, except that investments In equty instruments that are not publicly traded and whose falr values cannot
be measured reliably are measured at cost le55 impalrment.
Trade debtors, loans and other recelvables that have fixed or determlnable payments that are not quoted In an
actlve market are cla55ifTed as "loans and receivables"
Loans and recelvables are measured at amortlsed cost
uslng the effective Interest method less any Impalrment.
Interest Is recognlsed by applylng the effectlve Interest rate, except for short-term recelvables when the
recognitlon of interest would be immaterlal. The effectlve Interest method Is a method of calculatin8 the
amortlsed cost of a debt instrument and of allocatlng the Interest Income over the relevant perlod. The
effective interest rate Is the rate that exactly discounts estlmated future cash receipts through the expected Ilfe
of the debt Instrument to the net carrying amount on initlal recognltion.
Impalrment of flnanclal assets
Flnancial assets, other than those held at falr value through Income and expendlture, are assessed for Indlcators
of Impalrment at each reporting end date.
Flnanclal assets are Impalred where there Is objective evldence that, a5 a result of one or more events that
occurred after the Inltlal recognltlon of the flnanclal asset. the estlmated future cash flows have been affected.
If an assetls lrnpaired, the Impairment loss is the dlfference between the carrylng amount and the present value
of the estimated cash flows dlscounted at the a55et's orlglnal effectlve Interest rate. The Impairment loss is
recogni5ed In the Income and expenditure account.
If there Is a decrease in the Impalrment1055 arlslng from an event occurring after the Impalrment was recognlsed,
the Impalrment Is reversed.
The reversal Is such that the current carrylng amount does not exceed what the
carrylng amount would have been had the Impalrment not prevlously been reco8nlsed. The Impalrment
reversal Is reco8nlsed In the Income and expendlture account.
DertCO8nltlon ol flnanclal assets
Flnanclal assets are derecogn15ed only when the contrartual rl8ht5 to the cash flows from the asset explre or are
settled, or when the Assoclatlon transfers the flnanclal asset and substantlally all of the rlsks and rewards of
ownership to another entity, or If some slgnificant rlsks and rewards of ownershlp are retained but control of the
a55et has transferred to another party thatls able to sell the a55et in Its entlrety to an unrelated thlrd party.
Classlflcatlon of flnanclal Ilabllltles
FinancSal Ilabillties and equlty Instruments are classlfied accordlng to the 5ub5tance of the contractual
arrangements entered Into.
An equty Instrument Is any contract that evldence5 a resldual Interest in the
assets of the Assoclation after deductlng all of Its Ilabllltie5.
Baslc flnanclal Ilabllftles
Baslc financlal Ilabilities, Includlng trade and other payables and bank loans, are Inltlally reco8nlsed at transaction
prlce unless the arrangement constltutes a flnanclng transactlon where the debt Instrument is measured at the
present value of the future receipts dlscounted at a market rate of Interest.
Debt Instruments are subsequently carrled at amortlsed c05t usln8 the effertlve Interest rate method.
Trade payables are obllgatlon5 to pay for good5 and servlces that have been acquired in the ordlnary course of
busine55 from suppllers.
Accounts payable are classlfled as current liabilities If payment 55 due withln one year
or le55. If not, they are presented a5 non-current Ilabllttles. Trade payables are recognlsed Inltially at
tron5artion prlce and subsequently measured at amortlsed cost using the effective Interest rate method.
Page 22
contlnued.

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES - contlnued
FINANCIALINSTRUMENTS
Other flnanclal liabllltles
Derlvatlve5, Including Snterest rate swaps and forward forelgn exchange contracts, are not baslc financ5al
Instruments.
Derivatlves are Inltlally recognlsed at falr value on the date a derivative contract Is entered into
and are subsequently re-measured at thelr fair value, Changes In the falr value of derivatlves are recognlsed In
the Income and expenditure account In flnance costs or flnance income as approprlate unless hedge accountlng is
applled and the hedge Is a cash flow hedge.
Flnanclal Ilabllltles and equlty Instruments are classified accordlng to the substance of the contrartual
arrangements entered Into.
Derecognltlan of flnanclal Ilabllltles
Flnanclal Ilabilities are derecognised when the A5soclatlon's contractual obllgatlons explre or are dlscharged or
cancelled.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
In the appllcatlon of the Assoclatlon's accountlng pollcles. the trustee5 are requlred to make judgements,
e5tlmates and assUrnPtlon5 about the carrylng amount of as5et5 and liabllltles that are not readlly apparent from
other other Sources.
The estlmates and underlylng assumptlons are reviewed on an ongolng basls. Revlslon5 to accounting estlmate5
are recognSsed In the perlod In whlch the estlmate 15 revised where the revlslon affects only that perlod or In the
perlod of the rev151on and future perlods where the revislon affects both current and future perlod5.
DONAnoN5 AND LEGACIES
1025
2024
Donatlons
4,272
6.653
OTHER TRADING ACTIVITIES
2025
2024
Room hlre charges
Catering
Pre-school fees
Mlnlbus Income
Care Income
Other income
29.944
103,010
59,814
33.034
188.939
56,346
33,431
89,235
63,759
29,834
141.402
56,445
471.087
414,106
INVESTMENT INCOME
2025
2024
Bank interest received
10,697
10,138
Page 23
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES
2025
Grants
receivable
2024
Total
activities
Grants
642.792
1.222.852
Grants received, Included In the above, are as follows.
Unrestrlcted
funds
Restrlrted
funds
1025
2024
Bernard Sunley Foundatlon -
Bullding Extenslon fund
60,000
Communlties in Sync-
Sandwell UKSPF Projert fund
29,411
20AII
33,461
Communltle5 In Sync-
WDH Sandwell fund
11,750
11,750
Eveson Charitable Trust -
Mlnibus Salary fund
5,072
Eveson Charltable Trust -
Bullding Extenslon fund
150,000
Garfield Weston Foundation -
Buildln8 Extenslon fund
Is,000
Harbome Parlsh Lands Charlty-
Mlnibus Salary fund
845
Harborne Parlsh Lands Charlty-
Actlvltles Co-ordinator fund
8,853
8,853
2,951
Heart of England
Community Foundatlon-
Utilitles fund
Heart of England
Communlty Foundatlon
Bulldlng Extenslon fund
loo,000
Henry Smith Chartty-
Improving Llve5 fund
34,750
34.750
33,900
Balance carrled fonNard
84.764
84,764
402,229
Pa8e 24
continued...

sr ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlTrued
FOR THE YEAR ENDED 31 MARCH 2025
INCOME FROM CHARITABLE AcfiviTIES- continued
Unrestrlcted
funds
Re5trlcted
fundg
2015
2024
Balance brought forward
84,764
84,764
402,229
Metal Closures Llmlted
Staff Welfare Fund-
Equlpment and
Refurblshment fund
68,000
68.000
Natlonal Lottery
Communlty Fund
Mlnlbus Salary fund
4,167
Natlonal Lottery
Communlty Fund-
Cost of Llvlng fund
48,750
Natlonal Lottery
Communlty Fund-
8ulldlng Extenslon fund
189,493
Sandwell Community Hubs -
Volunteer Co-ordlnator fund
28.825
Sandwell Comrnunlty
Inforniatlon and Partlclpatlon
Servlce ISCIPSI..
Reachlng Communltles
Dlglcomm Project-
General fvnd
46,358
46.358
45,315
Sandwell Community
Informatlon and Partlclpatlon
Servlce ISCIPSI:
Know Your Nelghbourhood fund
22,000
Sandwell Communlty
Infom)ation and Particlpation
Service ISCIPSI
Welcoming Spaces fund
6,250
6,250
1,250
Sandwell Council of
Voluntary Organisations -
Antlcipatory Care fund
4.700
4,700
Balance carried forward
46.358
163,714
210.07Z
742,029
Pa8e 25
continued...

sr ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
INCOME FROM CHARITABLE AcrivrriES- ￿ntinUed
Unrestrlcted
funds
Restrl¢ted
fund5
2025
2024
Balance brought forward
46,358
163,714
210,072
742,029
Sandwell Metropolltan
Borough Councll..
Management and
administratlon
General fund
100,025
100,025
100,025
Sandwell Metropolltan
Borough Councll:
Cornmunlty Offer-
General fund
108,150
108,150
130,667
Sandwell Metropolltan
Borough Councll:
Nursery-
General fund
221,545
221,545
155,696
5andwell Metropolltan
Borough Councll..
Dlgl-Ab5e Project fund
4,628
Soclal Investment Fund -
Reach fund
2,800
The Rowlands Trust-
Bullding Exten51on fund
25.000
The Wolfson Foundatlon -
Bulldlng Extenslon fund
60,000
West Midlands Pollce and
Crlme Commlssloner-
Motor Vehlcle Securlty fund
1,200
iJoo
Other Sundry 8rants le5S
£I,IJOO in value
1.800
2,007
477.878
164,914
642.792
1,222,852
Page 26
continued...

ST AL8ANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
OTHER INCOME
2025
2024
Exceptlonal Item5
43.850
Exce
tional Item5
Durlng the year ended 31 March 2023 a minlbus owned by the Assoclatlon was stolen and the A550clatlon
commenced negotlations wlth Its insurer wlth re8ard to an Insurance settlement clalm concernlnB the theft of
thls vehlcle.
Durlng the year ended 31 March 2024 the Assoclatlon recelved a total of £43,850 from Its Insurer In settlement
concemlng the theft of th15 vehlcle.
No exceptional Income has been recognSsed by the Assoclatlon during the year ended 31 March 2025.
CHARITABLE ACTIVITIES COSTS
Dlrert
Costs (see
note 91
Support
costs (see
note 101
Totals
Charltable actlvltles
Support Costs
769A22
769.422
249.669
249,669
769,422
249,669
1,019ml
DIREcf COSTS OF CHARITABLE AcfiviTIES
2025
2024
Staff costs
Minlbus expenses
Volunteers and staff expenses
Toy5 and equipment
Caterlng expenses
Project dellvery costs
6BO,197
19,003
4,174
3,223
25,124
37.701
644,487
22,093
4,416
536
27,401
50,214
769.4Z2
749,147
Page 27
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
io.
SUPPORT COSTS
Governance
costs
Management
Flnan
Other
Totals
Support costs
163,756
62
73.457
11394
249,669
Support costs are those costs that have been Incurred by the charity In order to further the continued
develL)pment of the charity'5 charltable artlvitie5.
Support costs, Included In the above, are as follows:
2025
Support
osts
2024
Total
actlvltles
Rent, rates and Insurance
Malntenance costs
Light and heat
Telephone
Postage and 5tatlonery
Staff tralning expenses
Depreclatlon of tanglble and herltage a55ets
IProfltl/loss on sale Df tanglble fbxed a55ets
Bank charges
Other operatln8 leases
Legal and professional
Sundrles
Wages
Soclal securlty
Penslons
Audltors, remuneratlon
15,368
50,294
16,859
5.923
1.170
3A96
66.146
4,500
62
5.406
30.932
37.119
5.460
628
510
5,796
10,551
38.175
13.598
3.789
1.008
2A83
50,090
iio
3.709
26367
25.063
5,398
619
349
5.700
249,669
187.009
ii.
NEf INCOMEIIEXPENDITUREI
Net Income/lexpenditurel15 Stated after ¢hargln8llcredltln81:
2025
2024
Audltors, remuneration
Depreclation - owned assets
Depreciation - a55ets on hire purchase contracts and flnance leases
Other operating leases
Deficit on dlsposal of flxed assets
5.796
64.722
1,423
5,406
4,500
5,700
49,618
474
3,709
Page 28
contlnued...

sr ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
12.
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneratlon orother benefits for theyearended 31 March 2025 nor forthe year ended
31 March 2024.
TRU5TEES' EXPENSES
During the year ended 31 March 2025 trustees, expenses totalllng £nil12024: £nlll were paid by the Assoclation.
STAFF COSTS
2025
2024
Wages and salarles
Soclal security costs
Other penslon costs
631,567
41,086
14.142
600,976
37,236
12,641
686,795
650.853
The average monthly number of employees durlngthe year was a5 follows:
2025
2024
Management and admlnlstratlve staff
Support staff
27
33
32
No Indlvldual employee recelved emoluments in excess of £60,000 during the year ended 31 March 2025 nor
during the year ended 31 March 2024.
14.
COMPARATIVES FOR THE STATEMENT OF FINANaAL ACTIVITIES
Unrestrlcted
funds
Restricted
funds
Total
fund5
INCOME AND ENDOWMENTS FROM
Donations and leBacie5
5,342
1,311
6,653
Charltable actlvltlgl
Grants recelvable
433,710
789,142
1,222,852
Other tradlng attlvlties
Investment income
Other Income
414,106
10,138
43,850
414,106
10,138
43.850
Total
907,146
790,453
1,697,599
EXPENDITURE ON
Charltable artlvlties
Charltable actlvltles
Support costs
555.098
151,766
194,tvi9
35,243
749,147
187,009
Totsl
706,864
229,292
936.156
Page 29
continued...

sr ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnvtriES- eontinued
Unrestrlcted
funds
Restrlrted
funds
Total
funds
NET INCOME
Transfers between fund5
200,282
io
561,161
iioi
761,443
Net movement In fund5
200,292
561,151
761,443
RECONCILIATION OF FUNDS
Total funds brought forward
891,860
601,705
1,493,565
TOTAL FUNDS CARRIED FORWARD
1,092,152
1,162,856
2,255,008
15.
PEN510N COMMITMENTS
The Assoclatlon contrlbutes to the indNidual penslon plans of certain employees. The assets of these schemes
are held separately from those of the Assoclation In Independently admlnlstered funds,
The total contrlbutlons for the year amounted to £14,14212024: £12,641) and outstanding contrlbutlons as at 31
March 2025 amounted to £3,90712024: £2,391).
16.
TANGIBLE FIXED ASSErs
Freehold
property
Improvements
Lift and
soft plav
area
Freehold
property
cosr
At l Aprll 2024
Addltlons
DIsp05als
249,250
883,997
509A18
51,599
At 31 March 2025
249.250
1,393.415
52,599
DEPRECIATION
At l April 2024
Char8e for year
3,324
831
166,806
28.788
52.592
At 31 March 2025
4,155
195,594
52.592
NET BIXIK VALUE
At 31 March 2025
245.095
1.197.821
At 31 March 2024
245,926
717,191
Page 30
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
16.
TANGIBLE FIXED ASSET5 - continued
Furnlture,
fixtures
and
flttings
Motor
vehicles
Totals
COST
At l Aprll 2024
Additions
DIsP05als
261.383
24.395
171,640
1,618.869
533,813
(5.4001
At 31 March 2025
285.778
166,240
2.147,282
DEPRECIATION
At l Aprll 2024
Charge for year
210.690
76.198
27.283
509.610
66,145
At 31 March 2025
219.933
103.481
575,755
NET BOOK VALUE
At 31 March 2025
65,845
62,759
1,571,527
At 31 March 2024
50,693
95,442
1,109,259
Freehold property
eehold lan
Included In freehold property at C05t as at 31 March 2025 Is freehold land of E81,66712024: £81,667) which 15 not
depreclated.
Freehold property Improvements
Asset nder constructlon
Durlng the year ended 31 March 2024 the Assoclatlon commenced work on the construrtlon of an extension to
Its freehold property.
As at 31 March 2024 the extenslon to the Assoclatlon'5 freehold property continued to be an asset under
constructlon. Consequently, no depreclatlon was recognised by the Assoclation In respect of the con5trurtlon
of thls extenslon to Its freehold property durlng the year ended 31 March 2024.
The extenslon to the Assoclatlon's freehold property was completed and made avallable for use during the latter
half of the year ended 31 March 2025 at whlch point the A55ociatlon began to recognlse depreclation on this
extenslon to Its freehold property,
Flxed assets held under flnance leases
The net book value of tangible fixed a55ets includes £ 12,32912024 - £ 13,7521 In respect of assets held under hire
purchase contract5.
Page31
continued...

ST ALBANS COMMUNITY ASSOCIAT1014
NOTES TO THE FINANaAL STATEMEMfs- continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
STOCKS
2025
2024
Stocks
1,700
755
18.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
202S
2024
Trade debtors
Other debtors
Prepayments and accrued Income
73287
,000
12,880
52,845
385,OCrfJ
26,185
101,167
464,030
19.
CREDrroRS: AMouMfs FALLING DUE wrrHIN ONE YEAR
2025
2024
Flnance leases (see note 211
Trade creditors
Soclal securlty and other tsxes
Other credltors
Accruals and deferred Income
2,846
21,148
10,846
8,462
92,616
5,297
10.134
28,902
58298
135,918
Other credltors
Funds held a
ustodian for others - Sandwell Dementla Action Alliance
The Sandwell Dementia Actlon Alllance Is made up of organlsatlons that operate across the borough of Sandwell
and are worklng towards creatlng dementia friendly communities to Improve the lives fo people livln8 wlth
dementla and thelr carers.
Durlng the year ended 31 March 2022 St Albans Communlty Assotlatlon recelved £5,000 from the Sandwell
Dementia Action Alliance to be held by the Association on behalf of the Sandwell Dementia Actlon Alliance.
Ouring the years ended 31 March 2023 to 31 March 2025 a totsl of £nll12024: £nill has been expended by
Sandwell Dementla Actlon Alliance from this sum of money. leavlng an unexpended balance totalling £5,000
which has been Included by the A%sociation within other creditors fallin8 due within one year a5 at 31 March
2025 (2024: £5,0001}.
Accruals and deferred Income
De
er
Included within accruals and deferred income falling due wlthln one year as at 31 March 20251$ grant income
received in advance by the Assoclatlon totalllng £21,45612024: £9,994).
Page 32
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL 5TATEMENTS- continued
FOR THEYEAR ENDED 31 MARCH 2025
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Flnance leases (see note 21}
7,350
10,195
21.
LEASING AGREEMENTS
Mlnimum lease payments under flnance leases fall due as follows:
Flnance leases
2025
2024
Net obllgatlons repayable,.
Wlthln one year
Between one and five years
2.846
7.350
2,846
10,195
10.196
MOVEMENT IN FUNDS
Net
movement
In funds
Transfers
between
funds
At
31.3.25
At 1.4.24
Unrestrlcted funds
General fund
De51gnated - Capltal Reserve fund
Designated - Property Malntenonce fund
Deslgnated - Redundancy fund
Designated - Roof Replacement fund
Oesl8nated - Bulldlng Extenslon fund
Designated BulldSng Refurblshment fund
Deslgnated - Mlnlbus fund
Deslgnated - Van fund
Designated - Furniture fund
Deslgnated - Pre-school Soft Plav
Replacement fund
635,408
30.000
30,000
41,743
60,¢Y)O
220,000
35,000
40.000
51,8Z7
(95,1831
592,052
30,000
28.000
61,426
I￿.000
100.000
35,000
120,000
10,000
(2,000)
19,683
40,000
(120.0001
80,000
10,000
45.000
25,000
25,000
1,092,151
51,827
2,500
1,146,478
R•strlcted funds
Buy the 8uildln8 fund
Capltal Grant Pro8ramme for 2 Year Olds
fund
Minibus fund
AII To8ether fund
Older People Day Trips fund
Building Extension fund
Welcoming Space5 fund
Equipment and Refurbishment fund
245.926
(831)
245,095
15,300
(5,4001
13281
16081
657
3.045
3,653
2.500
899893
Is,(NM>)
{2.5001
(5,207)
5,000
65,304
894.286
65.304
1.162,857
57,930
1,218,287
TOTAL FUNDS
2,255,008
109,757
2,364,765
Page 33
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANaAL STATEMENTS- ¢ontlnued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- contlnued
Net movement in funds, Included In the above are as follows:
Incoming
resources
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
963.934
(912.107)
51A27
Restrlcted funds
Buy the Bulldlng fund
Capltal Grant Programme for 2 Year Olds
fijnd
Mlnlbus fund
All Together fund
Bulldln8 Exten51on fund
Improvlng Uves fund
Sandwell UKSPF Project fund
Actlvlty Co-ordlnator fund
Welcomlng Spaces fund
Motorvehlcle Securlty fund
WDH Sandwell fund
Antlclpatory Care fund
Equlpment and Refurblshment fund
{831)
(5AOO)
13281
1608)
(5,207)
(34.750)
129,411)
18,8531
11.250)
{I,zoo)
111.750)
14.71J)}
12,6961
(5.400)
(328)
(608)
(5.207)
34.750
Z9AII
8A53
6.Z50
1300
11.750
4,700
68.000
65,304
164.914
1106,984)
57,930
TOTAL FUNDS
1.128.848
1.019,091)
109,757
Page 34
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THEYEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- ¢ontinued
Comparatlves for movement In funds
Net
movement
In funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Designated - Capltal Reserve fund
Deslgnated- Property Maintenancefund
De51gnated - Redundancy fund
De51gnated - Roof Replacementfund
Designated - Bulldlng Extenslon fund
Desl8nated - Bullding Refurb15hment fund
De51Bnated - Mlnlbus fond
505,117
30,C
30,000
41.743
60.000
150,000
35.IXKI
40,000
200,281
169,990}
635,408
30.000
30.000
41,743
60,0
220.000
35.000
40,000
70,000
891,860
200,281
io
1,092,151
Rertrl¢ted fvnds
Buy the Bulldlng fund
All About Food fund
Capital Grant Pro8ramme for 2 Year Old5
fund
Mlnibus fund
All Together fund
Older People Day Trips fund
Bullding Extension fund
Powering Up fund
Reslllent Communltle5 fund
Welcomin8 Spaces fund
246,757
io
{8311
245.926
iio)
20,700
14,277
4,261
2,51JO
31J),(JJ)
3,2(K)
10,0
15,4001
113,2921
16081
15,300
985
3,653
2,500
899,493
599,493
13,2001
iio,0001
15,0001
15,0001
601,705
561,162
{ioi
1,162,857
TOTAL FUNDS
1,493,565
761,443
2,255,008
Page 35
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
22.
MOVEMENT IN FUNDS- eontinued
Comparatlve net movement In funds, Included In the above are as follows:
Incomlng
resources
Resources
expended
Movement
in funds
Unrestrfrted funds
General fund
907,146
{706,8651
200,281
Restrlcted funds
Buy the Building fund
Volunteer Co-ordlnator fund
Capttal Grant Programme for 2 Year Olds
fund
Mlnlbus fund
All Together fund
8ulldln8 Extenslon fund
Mlnlbus Salary fund
Utllltles fund
Improvlng Lives fund
Powerln8 Up fund
Re5115ent Communltle5 fund
Dlgl-Able Project fund
Soclal Investment Buslness - Reach fund
Sandwell UKSPF ProJect fund
Cost of Ltvlng fund
Actlvlty Co-ordlnator fund
Know Your Nelghbourhood fund
Welcomln8 Space5 fund
1831)
{28,82S)
{8311
28,825
15,400)
114,6031
16081
15,4CQI
113,292)
1608)
599,493
1,311
599,493
10,084
1,000
33,900
110,0841
11,0001
{33,9001
13,200}
iio.0001
{4,6281
12,8001
133,4611
148,750)
12,9511
{22,000}
{6,250
(3,2(N)I
(10,0001
4,628
2,800
33,461
48,750
2,951
22,1￿)
1,250
15,0001
790,453
1229.2911
561,162
TOTAL FUNDS
1,697,599
1936,1561
761,443
Page 36
continued...

ST ALBANS COMMUNITY A550CIATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- contlnued
A current year 12 months and prlor year 12 months comblned posltion is a5 follow5:
Net
movement
In funds
Transfers
between
funds
At
31.3.25
At 1.4.23
Unrestrlrted funds
General fund
Designated - Capital Reserve fund
Deslgnated- Property Malntenance fund
Deslgnated- Redundancyfund
Designated - Roof Replacement fund
Designated Buildin8 Extension fund
Deslgnated - Bullding Refurblshment fund
Designated - Minlbus fund
Designated - Van fund
Deslgnated - Furnlture fund
Deslgnated - Pre-school Soft Play
Replacement fund
505,117
30,000
30,C￿0
41,743
60,0(J)
150,000
35,000
40,000
252,108
1165,1731
592,052
30,0
28,000
61,426
loo,000
ioo,Tr)o
35,000
I20.0(￿>
10.000
45,000
12.000)
19,683
40,000
150,000)
80,000
10,000
45,01]0
25,000
25,000
891,860
252,108
2,510
1,146,478
Restrlcted funds
Buy the Bullding fund
All About Food fund
Capltal Grant Programme for 2 Year Olds
fund
Mlnibus fund
All Together fund
Older People Day Trips fund
Buildlng Extenslon fund
Powering Up fund
Resllient Communltle5 fund
Equlpment and Refurblshment fund
246,757
io
11,6621
245,095
iioi
20,700
14,277
4,261
2,500
300,000
3,200
lo,￿0
110,8001
113,6201
11,2161
9,900
657
3,045
12,5001
594,286
13,2001
iio,0001
65,304
894,286
65,304
601,705
619,092
1218,287
TOTAL FUNDS
1,493.565
871,200
2,364.765
Page 37
contlnued...

ST ALBANS COMMUNifi ASSOCIATION
NOTES TO ThE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH Z025
22.
MOVEMENT IN FUNDS- continued
A current year 12 months and prlor year 12 months combined net movement In funds. Included in the above are
as follows:
Incomlng
resource5
Resources
expended
Movement
In fund5
Unrestrlrted funds
General fund
1,871,080
11,618,972)
252,108
Restrkted funds
Buy the Building fund
Volunteer Co-ordlnator fund
Capltal Grant Programme for 2 Year Olds
fund
Mlnlbu5 fund
All Together fund
Bulldin8 Extenslon fund
Mlnlbus Salary fund
UtllStles fund
Improvlng Uves fund
Powerlng Up fund
Reslllent Communltles fund
Dl81-Able Project fund
Social Investment Buslness - Reach fund
Sandwell UKSPF Project fund
C05t of Llvlng fund
Actlvlty Ccpordlnator fund
Know Your Nelghbourhood fund
Welcomlngspaces fund
Motor Vehlcle Securlty fund
WDH Sandwell fund
Anticlpatory Care fund
Equlpment and Refurblshment fund
11,6621
128,8251
(1,6621
28,825
110,800)
{14,9311
{1,2161
15,2071
110,0841
11.0001
{68,6501
13,2001
{io,0001
14,628}
12,8001
162,8721
148,7501
(11,8041
122,000)
{7.500}
{1,2001
111,7501
14,7001
12.6961
110,8001
(13.6201
{1.2161
594.286
1,311
599,493
10,084
I,(K)O
68,650
13,200)
{io,0001
4,628
2,8LKi
62,872
48,750
11,804
22,000
7,$00
1,2Tr)
11,750
4.700
68,000
65,304
955,367
336,2751
619.092
TOTAL FUNDS
2,826,447
{1.955,2471
871,200
Purpose of Unrestrlcted Funds
General fund
Thls fund represents the free funds of the charity that are not designated for particular purposes.
Purpose of Designated Funds
Ca
eserve fund
Thi5 fund represents an amount set aside as a contingency to cover the costs of any largelunexpected capitsl
expenditure
Pro
Malntenanee fund
This fund represent an amount set aside as a contlngency to cover the costs of any major repair5 or
Improvements required at the As50ciation'5 premises.
Redundanc
fund
This designated fund represents the approxlmate costs of redundancy if the A550ciatlon, for whatever reason, is
unable to contlnue operatlng.
Page 38
continued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - cont5nued
FOR THE YEAR ENDED 31 MARCH 2025
22.
MOVEMENT IN FUNDS- contlnued
Roof re
lacement fund
Thls fund represents an amount set aside to cover the potentlal cost5 of replacin8 the roof of the Association's
prem15es.
Extenslon fund
This fund represents an amount set aside as a contributlon towards the planned extenslon of the Assoclatlon's
premlses In order to enhance the Associatlon'5 senilce provis10n.
B Ildl Refurbishment fund
Th15 fund repre5ent5 an amount set aslde to upgrade and update Capltal Items at the Assoclation's premlses such
as computers, desks. telephones and photocopiers whlch are planned to be located In rooms In the Assoclatlon's
planned bulldlng extension.
Inlbus fun
This fund represents an arnount set aslde to cover the cost of any potential purchase of mlnlbuses whlch the
Assoclatlon mlght undertake.
Van fun
Thls fund represents an amount set aslde to cover the cost of any potentlal purchase of a van whlch the
Assoclatlon rnlght undertake.
Furnltur
Thls fund represent5 an amount set aslde to cover the costs of any potentlal purchase of furnlture whlch the
Assoclatlon might undertake.
00150ft P
Re
lacement
und
This fund represent5 an amount set aslde to cover the c05t of any potentlal pre-schoo5 soft play replacement
costs whlch the As50clatlon mlght Incur.
Purpose of Restrlrted Funds
8u
he Bulldln
Fundlng obtalned by the A5soclatlon to enable the A5SOCiatlon to establlsh a fund to buy the Associatlon's
premlses.
11 About
00
und
Fundlng recelved by the Associatlon from the Bl8 Lottery Fund's Awards for All programme to enable the
Assoclatlon to upgrade kltchen equlpment.
Thls fund was fully expended a5 at 31 March 2024.
Ca
Ital Grant Pro
me for 2 Years Olds fun
Funding obtained by the Assoclation to enable the AssDciatlon to refurblsh and Improve the A550¢iatlon's
pre-school settlng to enable It to expand its provislon for 2 year old children.
Minlbus fund
Funding obtalned by the Association to enable the Assoclation to purchase a mSnlbus.
All To ether fund
Fundlng obtained by the Association to enable the Associatlon to purchase easy chair5 for day care cllents and to
help finance tralning for staff who are supporting people living wlth dementla,
Older Peo
leDa
Tri
s fund
Funding obtalned by the Association to enable the Assoclation to provide day trlps for older people.
Page 39
continued.

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT114 FUNDS- contlnued
Bulldln
Extenslon fund
Fundlng obtalned by the Assoclatlon to enable the Assoclatlon to fund the reconflguratlon, renovatlon and
extenslon of the Assoclatlon's premlses.
nl
Funding obtained by the Associatlon to help fund the salary of a mlnlbus drlver employed by the Assoclation.
Thls fund was fully expended as at 31 March 2024.
Utllltle5 fund
Funding obtained by the As50clation to help flnance the Assoclatlon's118htlng and heatlng expenses.
Thls fund was fully expended as at 31 March 2024,
rovln
Lives fund
Funding obtalned by the Assoclatlon to help fund the salary of an advlce worker employed by the Assoclatlon.
Powerin
Funding obtalned by the Assoclatlon to help flnance the development of the Assoclatlon'5 database software.
Thls fund wa5 fully expended as at 31 March 2024.
Reslllent Communltle5 fun
Fundlng obtalned by the Assoclatlon to help flnance energy efflclency Improvements at the Assoclatlon'5
premi5e5.
This fund was fully expended as at 31 March 2024.
Volunteer Co-ordinator fund
Fundln8 obtalned by the Assoclatlon to provlde a volunteer pro8ramme whlch offers opportunltles for local
people wlth a vlew to Improvlng skllls and confldence, Increase employment opportunltles and also encourage
people to contrlbute to thelr local communlty.
Thls fund was fully expended as at 31 March 2024.
DI l-Able Pro
ert fund
Fundlng obtained by the Assoclatlon to help resldents In Sandwell 8aln experlence wlth onllne servlces.
Thls fund was fully expended as at 31 March 2024.
PF Pro
ect
A New Start
fund
Fundin8 obtained by the Association to hep enable soaally isolated resldents In 5andwell by providing volunteer
opportunities.
Cost of Llvin
fun
Fundin8 obtained by the Association to help continue and also expand the A55oclatlon's current level of servlce5
to help meet Increaslng levels of demand.
This fund was fully expended as at 31 March 2024.
Attivi
C￿OrdInatOrfUnd
Funding obtalned by the Assoclatlon to establlsh the post of an actlvltles co-ordlnator.
Page 40
contlnued...

ST ALBANS COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR E140ED 31 MARCH 2025
22.
MOVEMENT IN FUNDS- contlnued
Know Your Nei
hbourhood fund
Funding obtained by the Assoclation to e5tsblish the p05t of a volunteer co-ordinator in order to expand the
Dlgl-comm programme into new communlty and resldentlal settings.
Thi5 fund was fully expended as at 31 March 2024.
Welcomln
aces fund
Funding obtained by the Associatlon to enable resldents In Sandwell to engage wlth the Intemet In order to
engage wlth local servlces and the wider community Including family and friends.
Motor V hicle Securl fun
Fundlng obtslned by the Assoclatlon to Improve the securlty of A550clation's motor vehlcles.
WDH Sandwell fund
Funding obtained by the A550clatlon to enable the Assoclation to provlde 5UPPOrt for d15advantaged famllles and
those people who have been prevlou51y underser4ed by servlces In Sandwell by addressing factors such as
education and employabillty, welfare rSghts, access to 8reen Space and Interventlons that promote soclal
coheslon and communlty.
Antlcl ato
Care fund
Fundlng obtalned by the A550clatlon to enable the As50clatlon to promote proactlve healthcare and support
targeted at people of all age5 Ilvlng wlth frallty, multlple long-term condltlon5 andlor complex needs to help
them stay Independent and healthy for as long as p0551ble at home, In the place they call home or In thelr local
communltv.
ment and Refurb
shment fund
Fundlng obtalned by the A550ciatlon to enable the Assoclatlon to purchase new equlpment such as 5ecurlty and
other equlpment.
TRANSFERS BETWEEN FUNDS
Transfers between fund5 as at 31 March 2025 represent movement5 between the A550clatlon's General fund and
the Assoclation's deslgnated funds and movements between the Assoclatlon's General fund and certaln
Indlvldual restrl¢ted funds.
23.
RELATED PARTY DISCLOSURES
Care Compllance Consultanry Llmlted
R D Darlington, a trustee of the Assoclatlon, also 5erve5 as a dlrector of Care Cornpllance Consultancy Limlted, a
company reglstered In England and Wale5 (company number 073472071.
During the year ended 31 March 2025 St Albans Community A550clation purchased goods and serv1￿5 totalllng
£32012024: £nlll from Care Compliance Con5ultsncy Llmlted.
As at 31 March 2025 St Albans Communlty Assoclatlon owed £nll {2024: £nlll to Care Compllance Consultancy
Llmited.
The Dorothy Parkes Centre
R Bruce, a trustee of the Association. also serves as a member of senior rnanagement at The Dorothy Parkes
Centre, a charity incorporated in England and Wales (company number D4088772. charlty number 10931891.
During the year ended 31 March 2025 St Alban5 Cornmunity Associatlon purchased servlces totalllng £37,026
12024.. £49,903) from The Dorothy Parkes Centre.
Page 41
continued...

ST ALBANS COMMUNITY A550CIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
RELATEO PARTY DISCLOSURES- continued
As at 31 March 2025 5t Alban5 Community Assoclatlon owed £nil12024: £12,134) to The Dorothy Parkes Centre.
Sandwell Communlty Hubs
R Bruce, a trustee of the A$50clation, and T Flannagan, the Associatlon's chlef executive officer, a150 serve as
trustees of Sandwell Community Hubs, a charltable Incorporated organisation registered In England and Wales
{charity number 11695271.
undln
re¢elved from Sandwell Communl
Hubs
Durln8 the year ended 31 March 2024 the Associatlon recelved grant Income totalllng £nil {2024: £28,000) from
Sandwell Communlty Hubs.
Sandwell Communlty Informatlon and Partlclpatlon Servlce ISCIPSI
A Docker, who was appolnted a trustee of the Assoclatlon on 23 July 2023, also serves as a trustee of Sandwell
Communlty and Informatlon and Partlclpatlon Servlce (SCIPS), a charlty incorporated In England and Wales
(company number 03071683, charlty number 10977021.
Fundln
recelved from SCIPS
Durln8 the year ended 31 March 2025 the Assoclatlon recelved the followln8 grant Income from SCIPS.
Year
Ended
31 March 202S
Perlod
23.07.2023 to
31.03.2024
la) Dlgicomm Project
{bl Know Your Nelghbourhood restrltted fund
(cl Welcomlng Spaces restrlrted fund
46,582
31,200
15,147
1,250
6.250
52.832
47,597
24.
OPERATING LEASE COMMITMENTS
At 31 March 2025 the Assoclatlon had outstandlnB commltments for future mlnlrnum lease payments under
non-rancellable operatln8 leases whlch fall due as follows.
Z025
2024
Wlthln one year
Between two and flve year5
In more than flve years
4,405
5.139
3,709
9,544
3,709
ULTIMATÉ CONTROLLING PARTY
The charlty Is controlled by the trustees as11sted in the Report of the Trustee5.
Page 42