## **The Mount Pleasant Centre**
**Charity No. 1135873**
**Company No. 06136043**
**Trustees' Report and Unaudited Accounts**
**31 March 2025**
**The Mount Pleasant Centre Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 3||
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Summary Income and Expenditure Account||6|
|Balance Sheet||7|
|Statement of Cash flows||8|
|Notes to the Accounts|9 to|14|
|Detailed Statement of Financial Activities|15 to|16|
Page 1
**The Mount Pleasant Centre Trustees Annual Report**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 06136043**
## **Charity No. 1135873**
## **Registered Office**
1a Mount Pleasant Bradford On Avon Wiltshire BA15 1SJ
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
S. Blackwell
J.W. Brockbank (Resigned 20 July 2024) J.A. Hazell N.S. Rapson M. Roberts
D.N.J. Robins K. Vigar N. Wearing
## **Accountants**
Davey Accounting Services 11 Abrahams Close Trowbridge Wiltshire BA14 0ND
## **OBJECTIVES AND ACTIVITIES**
Objectives and aims
1. To advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the inhabitants of Bradford on Avon and the neighbourhood.
2. To maintain and manage the Mount Pleasant Centre (Whether in co-operation with any local authority or other person or body) in furtherance of these objectives.
3. To promote such other charitable purposes for the inhabitants of Bradford on Avon and the neighbourhood as the Trustees may from time to time determine.
Page 2
**The Mount Pleasant Centre Trustees Annual Report**
## Public Benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. Maintaining the Centre on the higher side of the town offers the potential for further enrichment activities close to one of the Primary Schools and the main Secondary School population.
## **ACHIEVEMENTS AND PERFORMANCE**
The two offices, on the first floor of the Centre, have been occupied by the same tenants for several years. Across the road, four of the residents park their cars in the Centre car park for an annual fee. The three rooms, on the ground floor of the Centre. Are heavily booked for our regular clients and those clients, who made one off bookings help us with our income.
In April 2024, the replacement roof, on the Club building, was completed and is keeping with the age of the building. During August 2024, the radiators in the Club building, were replaced and the new ones were more efficient than the old ones.
## **FINANCIAL REVIEW**
The Trustees maintain at a level that they consider appropriate. The income comes from various groups of people with the client in charge of the group.
In December 2024, the Trustees all voted to pay a lump sum of £ 50,000 Off the loan of £ 97,000 from the Charity Bank. This reduced the monthly payments to almost half what they were.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
D.N.J. Robins Trustee 31 March 2025
Page 3
**The Mount Pleasant Centre Independent Examiners Report**
## **Independent Examiner's Report to the trustees of The Mount Pleasant Centre**
I report to the charity trustees on my examination of the financial statements of The Mount Pleasant Centre for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Michael O'Neill
5 Birch Close Bowerhill Melksham Wiltshire
SN12 6SB 31 March 2025
Page 4
**The Mount Pleasant Centre Statement of Financial Activities**
## **for the year ended 31 March 2025**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Other
6
**Total**
**Expenditure on:**
Charitable activities
7
Other
8
**Total**
Net gains on investments
**Net (expenditure)/income**
9
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
5,000
36,813
18,500|**Total funds**
**2025**
**£**
5,000
36,813
18,500|**Total funds**
**2024**
**£**
-
35,268
9,280|
|---|---|---|---|
||60,313
118,725
11,742|60,313
118,725
11,742|44,548
35,328
6,623|
||130,467
-|130,467
-|41,951
-|
||(70,154)
-|(70,154)
-|2,597
-|
||(70,154)|(70,154)|2,597|
||(70,154)
304,409|(70,154)
304,409|2,597
301,812|
||234,255|234,255|304,409|
Page 5
**The Mount Pleasant Centre Summary Income and Expenditure Account**
## **for the year ended 31 March 2025**
|Income
**Gross income for the year**
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net (expenditure)/income before tax
for the year
**Net (expenditure )/income for the year**|**2025**
**£**
60,313
60,313
118,725
5,242
6,500
130,467
(70,154)
(70,154)|**2024**
**£**
44,548|
|---|---|---|
|||44,548|
|||35,328
-
6,623|
|||41,951|
|||2,597|
|||2,597|
Page 6
**The Mount Pleasant Centre Balance Sheet**
## **at 31 March 2025**
|**at 31 March 2025**||||
|---|---|---|---|
|**Company No.**
**06136043**|**Notes**|**2025**|**2024**|
|||**£**|**£**|
|**Fixed assets**||||
|Tangible assets|11|234,148|298,939|
|Investments|12|1|1|
|||234,149|298,940|
|**Current assets**||||
|Debtors|13|18,112|15,175|
|Cash at bank and in hand||24,599|25,544|
|||42,711|40,719|
|**Creditors:**Amount falling due within one year|14|(1,834)|(35,250)|
|**Net current assets**||40,877|5,469|
|**Total assets less current liabilities**||275,026|304,409|
|**Creditors:**Amounts falling due after more than one year|15|(40,771)|-|
|**Net assets excluding pension asset or liability**||234,255|304,409|
|**Total net assets**||234,255|304,409|
|**The funds of the charity**||||
|**Restricted funds**|16|||
|**Unrestricted funds**|16|||
|General funds||234,255|304,409|
|||234,255|304,409|
|**Reserves**|16|||
|**Total funds**||234,255|304,409|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 March 2025
And signed on its behalf by:
D.N.J. Robins Trustee 31 March 2025
Page 7
**The Mount Pleasant Centre Statement of Cash flows for the year ended 31 March 2025**
|**Cash flows from operating activities**
**Net (expenditure)/income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
(Increase)/Decrease in trade and other receivables
(Decrease)/Increase in trade and other payables
**Net cash (used in)/provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash from/(used in) investing activities**
**Cash flows from financing activities**
Repayment of borrowings
**Net cash from financing activities**
**Net decrease in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2025**
**£**
(70,154)
6,500
(18,500)
(2,937)
(33,416)
(118,507)
58,291
18,500
76,791
40,771
40,771
(945)
25,544
24,599
24,599
24,599|**2024**
**£**
2,597
6,623
(9,280)
54
35,306|
|---|---|---|
|||35,300
(58,291)
9,280|
|||(49,011)|
|||-|
|||-|
||||
|||(13,711)|
|||39,254|
|||25,543|
||||
|||25,544|
||||
|||25,544|
Page 8
**The Mount Pleasant Centre Notes to the Accounts**
## **for the year ended 31 March 2025**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Incoming Resources**
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income recognition criteria are met.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 2% on straight line basis
Fixtures and fittings 25% on reducing balance
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 9
**The Mount Pleasant Centre**
**Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Charitable activities
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations
5
**Income from charitable activities**
Maintain and manage
property
Bank Interest|**Unrestricted**
**£**
5,000
5,000
**Unrestricted**
**£**
36,203
610
36,813|**Unrestricted**
**funds**
**2024**
**£**
35,268
9,280
44,548
35,328
6,623
41,951
2,597
2,597
2,597
301,812
304,409
**Total**
**2025**
**£**
5,000
5,000
**Total**
**2025**
**£**
36,203
610
36,813|**Total funds**
**2024**
**£**
35,268
9,280|
||||44,548
35,328
6,623|
||||41,951|
||||2,597|
||||2,597|
||||2,597
301,812|
||||304,409|
||||**Total**
**2024**
**£**
-|
||||-|
||||**Total**
**2024**
**£**
34,636
632|
||||35,268|
Page 10
**The Mount Pleasant Centre Notes to the Accounts**
## 6 **Other income**
|Rent from Mount Pleasant
Club
Grants
7
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Maintain and manage
property
_Governance costs_
Bookkeeping and other
professional fees
8
**Other expenditure**
Bank loan and overdraft
interest payable
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
9
**Net (expenditure)/income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
10 **Staff costs**
No employee received emoluments in excess of £60,000.|**Unrestricted**
**£**
8,500
10,000
18,500|**Total**
**2025**
**£**
8,500
10,000
18,500|**Total**
**2024**
**£**
8,500
780|
|---|---|---|---|
||||9,280|
|||||
||**Unrestricted**
**£**
111,892
6,833
118,725
**Unrestricted**
**£**
5,242
6,500
11,742
**2025**
**£**
6,500|**Total**
**2025**
**£**
111,892
6,833
118,725
**Total**
**2025**
**£**
5,242
6,500
11,742|**Total**
**2024**
**£**
30,909
4,419|
||||35,328|
||||**Total**
**2024**
**£**
-
6,623|
||||6,623|
||||**2024**
**£**
6,623|
Page 11
**The Mount Pleasant Centre Notes to the Accounts**
## 11 **Tangible fixed assets**
|11 **Tangible fixed assets**||||
|---|---|---|---|
|**Cost or revaluation**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation and**
**impairment**
At 1 April 2024
Depreciation charge for the
year
At 31 March 2025
**Net book values**
At 31 March 2025
At 31 March 2024
12 **Investments**
**Cost or revaluation**
At 1 April 2024
At 31 March 2025
**Net book values**
At 31 March 2025
At 31 March 2024
13 **Debtors**
Other debtors
Prepayments and accrued income
14 **Creditors:**
amounts falling due within one year
Trade creditors
Other creditors
Accruals|**Land and**
**buildings**
**£**
364,863
(58,291)
306,572
67,399
6,131
73,530
233,042
297,464
**2025**
**£**
18,112
-
18,112
**2025**
**£**
783
1
1,050
1,834|**Fixtures and**
**fittings**
**£**
10,403
-
10,403
8,928
369
9,297
1,106
1,475
**Other**
**investments**
**- Listed**
**£**
1
1
1
1|**Total**
**£**
375,266
(58,291)|
||||316,975|
||||76,327
6,500|
||||82,827|
||||234,148|
||||298,939|
||||**Total**
**£**
1|
||||1|
||||1|
||||1|
||||**2024**
**£**
14,194
981|
||||15,175|
||||**2024**
**£**
33,286
1
1,963|
||||35,250|
Page 12
**The Mount Pleasant Centre Notes to the Accounts**
## 15 **Creditors:**
|amounts falling due after more than one year
Bank loans and overdrafts
16 **Movement in funds**
**At 1 April**
**2024**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
304,409
**Total funds**
304,409
17 **Analysis of net assets between funds**
Fixed assets
Investments
Net current assets
Creditors due in more than one year and
provisions
18 **Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**2025**
**£**
40,771
40,771
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
60,313
60,313
**At 1 April**
**2024**
**£**|**Resources**
**expended**
**£**
(130,467)
(130,467)
**Unrestricted**
**funds**
**£**
234,148
1
40,877
(40,771)
234,255
**Cash flows**
**£**|**2024**
**£**
-|
|---|---|---|---|
||||-|
||||**At 31**
**March**
**2025**
**£**
234,255|
||||234,255|
||||**Total**
**£**
234,148
1
40,877
(40,771)|
||||234,255|
||||**At 31**
**March**
**2025**
**£**|
||25,544|(945)|24,599|
||25,544
-
-
25,544|(945)
(40,771)
(40,771)
(41,716)|24,599
(40,771)|
||||(40,771)|
||||(16,172)|
Page 13
**The Mount Pleasant Centre Notes to the Accounts**
## 19 **Related party disclosures**
|**Related party disclosures**||||
|---|---|---|---|
|||**2025**|**2024**|
|**_Transactions with related_**|**_parties_**|**£**|**£**|
|_Name of related party_|Mount Pleasant Club Ltd|||
|_Description of transaction_||||
|_and general amounts_|Rent|||
|_involved_||||
|_Amount due from/(to) the_|_related party_|8,500|8,500|
|_Name of related party_|Mount Pleasant Club Ltd|||
|_Description of transaction_||||
|_and general amounts_|Owed the charity|||
|_involved_||||
|_Amount due from/(to) the_|_related party_|18,112|14,194|
|**_Controlling party_**||||
The trustees consider that the charity is jointly controlled by the trustees and that there is no single ultimate controlling party.
Page 14
**The Mount Pleasant Centre Detailed Statement of Financial Activities**
## **for the year ended 31 March 2025**
|**Income and endowments from:**
Donations and legacies
Donations
Charitable activities
Maintain and manage property
Bank Interest
Other
Rent from Mount Pleasant Club
Grants
**Total income and endowments**
**Expenditure on:**
Charitable activities
Maintain and manage property
Governance costs
Bookkeeping and other
professional fees
**Total of expenditure on charitable**
**activities**
Other expenditure
Bank loan and overdraft interest
payable
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Fixtures and
fittings
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments|**Unrestricted**
**funds**
**2025**
**£**
5,000
5,000
36,203
610
36,813
8,500
10,000
18,500
60,313
111,892
111,892
6,833
6,833
118,725
5,242
5,242
6,131
369
6,500
11,742
130,467
-|**Total funds**
**2025**
**£**
5,000
5,000
36,203
610
36,813
8,500
10,000
18,500
60,313
111,892
111,892
6,833
6,833
118,725
5,242
5,242
6,131
369
6,500
11,742
130,467
-|**Total funds**
**2024**
**£**
-|
|---|---|---|---|
||||-|
||||34,636
632|
||||35,268|
||||8,500
780|
||||9,280|
||||44,548
30,909|
||||30,909|
||||4,419|
||||4,419|
||||35,328
-|
||||-|
||||6,131
492|
||||6,623|
||||6,623|
||||41,951
-|
Page 15
**The Mount Pleasant Centre Detailed Statement of Financial Activities**
|**Net (expenditure)/income**
**Net (expenditure)/income before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|(70,154)
(70,154)
-
(70,154)
304,409
234,255|(70,154)
(70,154)
-
(70,154)
304,409
234,255|2,597|
|---|---|---|---|
||||2,597
-|
||||2,597|
||||301,812|
||||304,409|
Page 16