Charlty reglstratlon number 1126127 (England and Wales) EDINBURGH STREET COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
EDINBURGH STREET COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustea8' AAllen C Longman Charity number (England and Wales) 1125127 Prfnclpal address Edinburgh Street Community Centr8 140 Vvoodcock Street HULL Unlted Kingdom HU3 SAN Independent examlner Trevor Mark Rackham Rackham's Accountants Limlt8d 3 Melton Enterprise Park Redclliff Road Melton East Yorkshire HU14 3RS
EDINBURGH STREET COMMUNITY ASSOCIATION CONTENTS Page Twstees, report Ind@p&ndent examlnevs report Statement of flnan¢ial activities Balanc6 sheet Notes to the financial statements 6-11
EDINBURGH STREET COMMUNITY ASSOCIATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees, present their annual report and financlal statements ft)r the year ended 31 Marth 2025. The financial statements have been prepared in accordance with the accounting wlicies set out in note 1 to the financial statements and comply with the charity's govemlng documen( the Charitieg Act 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP "kcounting and Reporting by Charities.. Statement of Recommended Practioe appllcable to charities preparing Iheir accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102)" Objectives and activities To promote the benefft of the inhabitants of the area of benefit without distinction of sex, Sexual orlentation, nationality, age, dlsability, race or of polilical. religious or other opinion8 by a8socl8ting together the said inhabitant8 and the statutory authorities, voluntary and other organisations in a common effort to advance education and to provide fa¢llltles in the interests of social welfare for recreation and leisure tlme occupation with the object of improving the conditions of life for the said inhabitants. to establish or to secure the establishment of a communty ntre (herein8fter called 'the centre, ) and lo maintain and manage the same {whether alone or In co- opeTalion with any stalutory authority or other person or body) in furtherance of the above objects,. and to promote such other charitable purposes as may from time to time be determined. The Charity has been mindful of the Public Beneflt requirement laid down by The Charily Commission when setting it'8 obj8Ctives. Public b6nefit The trustees, have paid due regard to guldance Issued by Ihe Charity Commission in deciding what activities the charity should undertak8. Achievements and performance Slgnificant aGtivities and achieven7ent8 against objactives Early in 2025 th8 centre was closed for a perfod of 2 months to enable window r&placements. Improv8ments were also made to the lightlng in the centre with the installation of LED lighting. This was Cowordinated by Hull Ctty council as part of the government's18velling up fund Secured In 2023. Desplte the closure th@ income increased from £23.6k in 2023 to £27.4k In 2024 The improv8ments to the energy efficiency of the facillty, In addition to Iow8r gas and 81ectric charges saw a reduction in the energy cost frorn £14.2k in 2023 to £10.1 k for th8 year. Financial review ReseNes policy It Is the polw of the Gharity thal unrestricted fund8 which have not been deslgnated for a speclfic use should be maintained at a level equivalent to 12 months of expenditure. The trustees, consider that reserves at this level 11 ensure that, in t'he eveni of a slgnificant drop in funding, they will be abl@ to continue the chsrity's current actlvities while consideration is given to ways In which additional funds may be raised. This level of reSe&S ha8 been maintained throughout the year. structure, governance and management The charity is governed by a constitution adopted on 24th July 2007. Th6 charity became registered on 22nd July 2008. The trustees of the charity from an &x6cutive committee who represent the organisation. The Iruslees meet on a regular basis. The trustees, who served during the year and up to the date of signature of the financlal statements were: AAllen C Longman Mr D A Windle (Resigned 7 October 2024) Racmitment and appointment of trustees Appointment of trustees is govemed by the constitution of. the Charity and the Board of Trustees Is authoris&l to appolnt new trustees to fill vacancies arising through r8signations or dealh of an existing trustee.
EDINBURGH STREET COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Th8 Trustees, report wa5 approved by the Board of Trustees,. AAllen Trustee 9 December 2025
EDINBURGH STREET COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES. OF EDINBURGH STREET COMMUNITY ASSOCIATION I report to the trustee8' on my examination of the financial statements of Edinburgh Street Communlty Association (the charity) for the year ended 31 March 2025. Respon8ibilrties and basls of report As the twstees, of the charfty you are responsible for the preparatlon of the financlal ststernents in accordance with the requirements of the Chanties Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions glven by the Charity Commisslon under section 145{5)Ib) of the Charities Act 2011. Ind8pendent examinerf8 gtatement Your attenllon is drawn to the fact that the charity has prepared th8 financial statements in accordance with the relevant verslon of the Stat@ment of Recommended Practice appllcable to charities preparing th8ir financial statements in accordance wilh the Financlal Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102) in preference to the A¢countlng and Reporting by Charities: Slatement of Recommended Practice issued on 1 April 2005 which is referred to in the exiant r@gulations but has now been withdrawn. l Undetand thal this has been done in order for the financial statements to provlde a true and fair view in accordance with UK Generally Accepted Accounting Practice. I hav8 completed my examination. I confim that no matters have com8 to my attention in connection th the examination glvlng me cause to bg1iev8 that in any material respect.. arLounting rewrd8 were not k@pt in respect of the charlly as required by sectlon 130 of the Charities Act 2011. the fin8ncial stalements do not accord with those records; or the financial statements do not comply with the applicable requirements concerning the form and content of financial Statements set out in the Ch8rifjes (Accounts and Reports) Regulalions 2008 other than any requirement that the financlal statements give a true and fair view, which is not a matter consldered as part of an independ@nt examination. I have no concerns and have come across no other matter8 in connection with the examlnatbn to which attention should be drawn in this report in order to enable a proper understanding of the financlal stalaments to be reach8d. Trevor Mark Rackham Rackham's Accountants Limit8d 3 Metton Enterprise Park Redclliff Road Melton East Yorkshire HU14 3RS 9 December 2025
EDINBURGH STREET COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted R88trictod funds funds 2026 2026 Total Unr&strictod Restricted funds funds 2024 2024 Total 2025 2024 Notes In¢omo from: Donations and legacies Charitable actlvities 8,485 8,485 18,935 8.044 8,044 15,536 18,935 15,536 Totsl Income 18,935 8,485 27,420 15,536 8,044 23,58D Charltable activitles 13,836 8,704 22,540 14,001 8,318 22,319 Net Incomel{expenditurel and movement In funds 5,099 (219) 4,880 1,535 (274) 1,261 Reconclliatlon of funds". Fund balances at 1 Aprll 2024 57,589 1,268 58,857 56,054 1,541 57,595 Fund balances at 31 March 2025 62,688 1,049 63,737 57,589 1,267 58,856 The statement of financial activities includes all galns and losses recognlsed in the year. All Income and expenditure derive from continuing activities.
EDINBURGH STREET COMMUNITY ASSOCIATION BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notss Flxod assets Tangible assets 10 2,334 2,832 Current assèts Debtors Cash at bank and in hand 11 810 61,230 62,046 62.046 62,040 Credltors: amounts falling due wlthln one year 12 (843) {6.016) N8t curront assets 61,403 58,024 Total assets less current Ilabllltles 83,737 58,856 The funds of the charfty Restricted income funds Unrestrict8d funds 1,049 62.688 1,267 57,589 14 63,737 58,856 Tlie financial statements were approved by the trust68s' on 9 December 2025 AAllen Trustee
EDINBURGH STREET COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charlty Fnformation Edinburgh Street Community Associalion is an unincorporated chaiity, 1.1 Accountlng conventlon The financial statements have been prepared in accordance with the Charities Act 2011, FRS 102 °The Finandal Repon9 Standard 8ppliGable in the UK and Republi¢ of Iraland. ("FRS 102.1 and th@ Charities SORP "Accountlng and Reporting by Charities.. Statement of Recommended Pr8Ctice applicable to charities preparlng thelr accounts In accordance wlth the Financlal Reportlng Standard applicablg in th& UK and Republic of Ireland (FRS 1021" (effective 1 January 2019). The charily is a Public B@nefrt Entity a8 defined by FRS 102. The charity ha8 taken advantage of the provisions in the SORP for charities not to prepare a Statefnent of Cash Flows. 1.2 GoIng concern At the time of approving Ihe financial statements, the trustees, have a reasonable expectation that the charity has adequate resourc8s to continue in op8rational existenc8 for the foreseeable future. Thus th8 Irust@8S' contlnue to adopt the going concern basis of accounting in preparing the financl81 st8temerrts. 1.3 Charltable funds Unrestricted funds are available for u88 at the discretion of the trustees, in furtherance of their charitable objectlves. Restricted funds are subject to specific condilions by donor8 or grantors as to how they may be used. The purposes and uses of the reslricted funds are set out in the notes to the financial statements. 1.4 Incomo Income is recognised when the charity is legally 8ntitled to it after any perfomiance conditions have been met, the amount3 can be measured rellably, and it Is probable that Income wlll be received. Cash donations are recognised on recelpt. other donations are recognised once the charity has been notified of the donation. unl&ss perform8nce conditions require deferr81 of Ihe amount. Income tax recoverable In retation to donatlons re]Ved under Gift Aid or deeds of covenant is recognised at th& tim6 of the donatlon. Legaci&s are r8cognised on r8ceipt Dr otheNis& if the charity has b8en notified of an impendlng dtstribulion, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contlngent asset. 1.6 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a thlrd paty, It Is probable that a transfer of e¢onomlc b8n6ffts wlll b6 required in settlement, and th8 amount of the obligatlon can be measured reliably. 1.6 Tanglble flxed assets Tangible fix8d ass@ts ar6 Inltially measured at Cost and subsequently measured at cost or valuation. net of depreciation and any impaimient IoBse8. Depreclatlon Is recognlsed so as to wrlte off the cost or valuatlon of assets less their residual valu&s over their useful lives on the following bases-. Plant and equlpment Computers 15% reducing balance 33% reduclng balance
EDINBURGH STREET COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL aTATEMENTS (CONTI FOR THE YEAR ENDED 31 MARCH 2025 UED) Accountlng pollcies (Contlnuod The galn or loss arising on the dlsp08al of an ass8t is determined a8 the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financlal activlties. 1.7 Cash and cash equlvalents Cash and cash equlvalents Include cash in hand, deposits held at call with banks, other short-tenn liquid investments with original maturitles of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabllities. 1.8 Flnancial Instruments The charity has elected to apply the provlslons of Section 11 'Ba8ic Financial Instrument8, and Section 12 'other Flnanclal In8lNments18sue8' of FRS 102 to 811 of its financlal instruments. Flnanclal Instruments are recognlsed in the chartty'$ balance sheet when the charity becomes party to the contractual provisions of th8 instrument. Financial assets and Ilablllties are offset. with the net amounts pr886nted In the financial statements, when there is a legally enforceable right to 8et off the recognised amounts and there is an intsntion to settle on a net basis or to realise the asset and settle the Ilability simultaneously. Incomg from donatlons and16gaci8S Restrlcted funds 2025 Re8trlcted funds 2024 Grants 8,485 8,044 Grants Hull Clly Council Other 8,085 400 8,Q44 8,485 8,044 Income from charftablo acttvllle8 Unrestrlcted Unr8gtrlcted funds funds 2025 2024 Charttable Actlvlty Income Room hire 18,935 15.536
EDINBURGH STREET COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charitable activilios Total 2025 Total 2024 Dlreot costs Depreciation and impairment Kitchen expenses Office costs Tel@phone Miscellaneous Repairs and renewals Insurance Heat and light Water Donations Centre management 498 958 48 928 628 1,469 324 1,048 465 223 973 14,240 850 3,188 1,374 10,191 723 500 3,492 1,499 21,898 21,719 Share of support and governance costs (see note 5) Governance 642 600 22.540 22.319 Analysis by fund Unrestricted funds Restricted funds 13,836 8,704 14,001 8,318 22.540 22,319 Support costs allocated to actlvltles 2025 2024 Governanc8 costs 642 800 Anatysed b&tweon: Total 642 600 Net movement In funds 2025 2024 The net movement In funds is stated after chargingl(creditlngl: Fe8s payable for th& indep8ndent examination of the charity's financl81 statements Depreciation of owned tangible fixed assets 642 498 600 628
EDINBURGH STREET COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Two of the trustees, received remuneration in the year for Iheir servi¢&s to the charity over and above their normal ttU8tees' dutles. The below tNste8s' were remunerated as follows.. AAllen C Longman £2,496 (£999 . 2024) £996 (£499 . 2024) Employees The avérage monthly number of employees during the year was.. 2026 Number 2024 Nutnber Total Th8r@ were no employees thOSe annual remuneratlon was more than £60,000. Taxatlon The charlty is exempt from taxation on its activities because 811 its income is applled for chaiitable purposes. 10 Tangible fixed assets Plant and aqu1)9nt ComFNrters Total Cost At 1 April 2024 23.01g 14.067 37,086 At 31 March 2025 23,019 14,067 37.086 Depreclatlon and Impalrment At 1 Aprll 2024 Depreciatlon charged in the y8ar 20,594 364 13,660 134 34,254 498 At 31 March 2025 20.958 13,794 34,752 Carylng amount At 31 March 2025 2.061 273 2,334 At 31 March 2024 2,425 407 2,832 11 Debtors 2025 2024 Amounts falling due wlthln one year: Trade debtors 810
EDINBURGH STREET COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Creditors: amounts falling due within one year 2026 2024 Other credltors Accruals and d@ferr8d income 4,816 1,200 643 643 6,016 13 Restrl¢ted funds The restricted funds of the charily comprise the unexpended balances of donations and grants held on trust subject to speclflc condltions by donor8 as to how they may be used. At 1 Aprll 2024 Incomlng resources R880urc88 At 31 March expended 2026 Restricted Equipment Hull City Council other 1,267 {219) (8,085) {400) 1,048 8,085 400 1,267 8,485 (8,704) 1,048 Prevlous year: At 1 Aprfl 2023 Incomlng r8sources Resources At 31 March expended 2024 Restricted Equipment Hull City Council 1.541 (274) {8,044) 1,267 8,044 1,541 8,044 {8.318) 1.267 14 Unrestrlcted funds The unrestrlcted funds of the charity comprise the unexpended balances of donations and grants whlch are not subject to specifi'c conditlons by donors and grantors as to how they may be used. These include designated funds whlch have been set aside out of unrestricted funds by the trustee8 for specific purposes. At 1 Aprfl 2024 Incomlng Resourc68 At 31 March r880urces expended 2025 Unrastricted Equipm8nt General funds 1,565 58,024 (279) (13,557) 1,286 61,402 18,935 57,589 18,935 (13,838) 62,688 10
EDINBURGH STREET COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Unrnstricted funds (Continued) Provious year: At 1 Aprll 2023 Incoming resources Resources At 31 March expende(I 2024 Unrestricted Equipment General funds 1,919 54,135 {354) {13,847) 1.565 56,024 15,536 56,054 15,536 {14,001) 57.589 15 Analysls of net assèts between funds Unrestrlcted funds 2025 Restricted funds 2025 Total 2025 At 31 P4larch 2025: Tangible assets Current assetsllliabiliti8s) 1,285 61,403 1,049 2,334 61,403 62,688 1,049 83,737 Unrostrfctod funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangibl(J ass6ts Curr8nt assetsl(liabilities) 1,565 56,024 1,267 2,832 56,024 57,589 1,267 58,856 16 Related party transactlons There w&r@ no disclosable related paty transactions during the year (2024- none). 11