**Bemerton Community Ltd – Treasurer’s report 2024** **31st January 2025** - We’ve had two successful years in 2023 and 2024, establishing a successful baseline of activity post covid. - Income was stable at about £54,000 in each year, ditto donations at about £8,000 excluding a large bequest in 2023. There were no substantial movements in the constituent parts. - We try hard to bear down on costs which were also stable at about £49,000 for each year, albeit versus 2022 costs were well up due to utilities more than doubling, insurance costs are also elevating, and repairs have risen. - We have raised depreciation substantially in 2024 to better reflect the actual expected useful life of some assets, and show a retained loss for that year of £16,000, but this is not a cash item and therefore not of consequence. - Since 2022 net cash has risen by some £32,000 to £98,886, roughly twice our annual cost base, which is a very strong position. So, we ended the year stronger than ever. Key numbers, for calendar years. |Revenue|**2024**|**2023**||| |---|---|---|---|---| |School|13,000|13,000||| |Weddings|12,028|15,675||| |Community events|10,303|7.895||| |Booking fees|18,442|17,790||| |Interest||2,225
|1,473|| |Total|55,998|55.833||| |Donations, grants etc.||||| |Donations|8,590|8,406||| |Grants / bequests||40,889||| |Total|8,590|49,295||| |Total income|64,588|105,128||| |Expenses||||| |Payroll|15,296|16,337||| |Insurance|5,882|4,846||| |Utilities|14,926|12,277||| |Community events|1,848|
1,706||| |Admin costs|7,316|7,157||| |Building costs|4,038|7,329||| |Total|49,306|49,652||| |Operating result|15,282|55,476||| |Depreciation|31,412|29,806||| |P&L|12,360|25,670||| |Cash – gross
|142,659|135,188||Nick Saint| |net|98,886|85,193||Treasurer| EMeRTO141 cOMkllJA!TY Lill!Teb (A COMPANY LIMITED BY GUARANTEE) REPORT OF THe TRLI8TEES ANO UNAiJDITED FINANCIAL STATEMENTS FOR THE YEAR ENOED31 DECEMBER 2024 e(>mpany no 07098771 Charity No 1136873 BEM2RYON eoMMUNITY UMITeD CONTENTS OF THE FINANCIAL STATEMENTS FOR THE VEAR ENDED 31 DECEP+l8ER2ts24 Charfty Information eport of the Yru8t6es IAdapeHdent ExarniAeÉ8 report. Statwnent of FinancAat Not88 to the Plrt8nc￿7 Ststam•nts CONTENTS OF THE FINANCIAL 8TATEMENT8 oard of Tru8t N l 88f8by DT L K FountsSn DWooKey DrR H ScottJupp P A Tfev•tt S Tdgger V Waits M Awlllrnot Company Sècrotsry D Woollty R￿6tsTed Offic• 5 St Road athbury SP2 9NT Charfty •ddrn89 stJohn'8 Place Lwr Road Salhbury SP2 9NP IAdop8Nder4tèx•mln8F M Wafde Nerbu 3 Nightingale Square London SW12 8QJ Page 1 èEknERTON COMMUMIT¥v ilMIT£D REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Thè Trustees Iwho afa also olrectofs of the chaTlt8Lle companyfor the purposés of company1￿) prÉs8nttheir annual report, logether wilh the independenty examined financial staternents of the charrtatle companyfor the year ended 31 Decemb81 2024, anLi cop.hrm thai they cotn#y wi1h the Gharitse8 Act ?Qi i, the goven>ing a0¢U￿an1 and tne cnenbes yL1P.E> 'a0191trft4 10-2 Legal and admlNbttalvg iftforma11èn is selout Pa￿ I, 8ndform8 part of.thb raporL. STRUCTURE, GOVERNME￿ AND MANAGEMENT Bemerton C'omrnunlw Lim￿e0 was incorporated on 8 Oéc8mDer 7009. Ihe company ra r&￿Stered the Llharity rommisEion Tor England and W81es IreLl8tration number 11388731. r( is incoiporatsd and rag￿er8d in En￿aThd and Wale8 88 a cornpany limrtad by guarantee. not havlng a 8hare eapital leornpafty Aumb&f 0709877711. Th01SabW ol the Mem￿ra in th6 &vent of a wnd'ng up ra limf(ed by guarante8 lo an amount not èxceeth'ng £10 per membar. Th& charity 18 controlèd by its governing document, a Dèad of Trust. eeruitment and appointment of Trusiee8. N￿tru8t￿6 Jr* racruf(8d and appolntsd by the •xi8ting Irustett when vac8nci88 8ri80. No oulwd8 party can appdntlrust*e•. OBJECTIVES AND ACTIVITIES Cherttabl8 obj8ctive8. T'he principal object otihe charry, 2% 8et out in lls hh&morandum of Aesociab'on, is to use Ine St John* enurcn in Lower 8emen(Tn aB a centr8 for the locol comrnu#ty and to ensure it continu*8foi tha fore8ee8blefuturg. sign￿￿ant Activ￿8* The renovafjon of the church wa6 completed in June 2016, Blnce whan (( has been operate¥ i4'1g5.laSI. Rgg&Fves polw ofthe Tru8tee9 b based on the Charty CommB8ion do¢4Jment CCIY and therefore fécogniseg the need to hokj reserv￿ In order to deal wrth adverse thanges in the levds of Income or expenilture in fulurè yeaTS. The cha￿8 wlicy is to hold thr8e to monthg. runnlng costs in reseNes. whSch 8quates to be￿n £10.000 and £20.CWJO. This report has been praparad In accordance the prow8ions of Pan 12S ol ihe Compan1￿ Act 2￿3 r8*aDng io smal cornpanles. Debbkn Wooll•y- Trustee 1511 l&o&c' Page a INbEpeNDeNT EXAV.&￿ER,8 REPORT To Tlic TRUSTEES OE BEMERTON COMMUNITY LIMITED FOR THE YEAR TO 31 DECEMBER 2024 I rèpjrt to the CharttyTntsts88 on my examination of the accounts olthe companyfor the year éndod 31 December2024 vthlch are Set OLrt on pages 5 to 15. Re8Wn81￿11é￿ and bas ot rewrL As tha oharity Trust8é6 ofthe company land akn its director8 fortha pU￿oseS of company lawl you are respon8lbl&forthé pr8paretloTr ofthe account& In oee6rdanee ￿ the requirements ofth6 CompAni89 Aot 2006 Ilhè 20￿ AcV}. H8￿n@ 8ati8fi8d my6dfthatth• account8 ofthe company are not required to bè oudrted under psrt 16 of the 20C6 Actand 8r6 igible for indèpand&nl examlnation. I rèport in respect of my èx8mination of your tompanrfs accounts 88 ¢arried out under 8ecuon 145 of the ehartdes A¢1 tlhg 4011 Artl. In carrying out my examlnaion I nave fdlowéd the &.r¢don bythe ehafity Commi88ion undw ￿ction 14515llbl of th¢ 2011 Act Ind8p8nd6nt Ex•mlnef8 8tat8m8nt I have ¢omploted my ￿MIna￿On. I coTrflmi that no matt8r8 have ￿m* to my att8ntion In ￿nn•don wth the examlnalon m• Ca￿trI0 bellw• that in any r•8p8Ct'. 1. Accounllng record8 wgie not kèpt In respect of the Company 88 required by 88cb.on J88 of th& •008 Act, or 2. The accounts do not accord %Mth th(SB• r6cord8, or 3. Tho 9ecounts do not comply vthth the accoununo requiroment• o18eoOon 398 of.the 20Cf Act other.than èHy requSFem?nt that. the accounts glve a Irue and which Is not a mattw ¢ongider•d 88 part olun Ind8p8ndent examlnation, or 4. Th• accounts have not b8en prepared in accordance vlth the rnethod8 and pAndpleJ ofth? Statement of Recomm8ndad Practice lor gccounfjng and repo￿ng by chartues. Mark Werde Norbury 3 Nlghtingae Squaie London SW12 8QJ l-/,./Lozf P8ge 4 8£mE￿￿ON.céx#TM￿NTr￿ UMFFED STATEMENT OF FINANCIAL ACTMThES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENOED 31 DECEMBER 2024 Total Uniestfic44t R4gtn"ot@6 2014 Note Totsl 202.3. ?? Fundr8￿1Thll aa￿l￿e6 62.363 54,090 Donafjons grant8 and legacy 49304 In¥g6tJ)1ont* 2,225 1473 Totsl Ihcomo 64,588 64.588 104.847 Expen(Itur• 57.770 22,949 80,719 7T.798 Totd 8xpwthur• 57,770 22,949 80,719 77,798 Nest In¢%me lèxpendrture 6,818 -22,949 -18,131 27,049 N•t movement In 6,818 -22,949 -18,131 27,049 Raoonci118Ion.ol.fund& FundB brought forward at 1 January 2024 221,843 447.193 668,836 641,787 Totsl fund5 caided forward Èt 31.12.24 228,461 424.244 652,705 868,838 Totd racognlBed galn8 8nd108ses Th•th&Aty hag no r4cognWJ4&wDr.10g￿Qth￿.1I￿I￿frWrplU*￿[.dBfjdt.lor.Ih•QUrrQnI.0r w•Aou*yAar.. Conllnulno op8rallong. None olthè ohantyl aolvileg wrè aoqulred or.dlsoonlThuèd durlng Ihe eurrant or year. BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Fu8d 888et8 510,284 533,309 Current aseet8 Oèbtors Cash at bank 1,122 4,434 142,659 135,188 rotd I￿J[rOnt.358el6 Id3,7B1 139m2 al￿￿99- CréditOF8 1,340 4,095 Net curr¢nt assets 142,441 135,527 Told 498* fj52,705 fi68..836 Fundg Unrestricted funds.. general Restricted fvnd Totsl chanty funds 228,461 221.643 424.244 447,193 652,705 868.836 P>>5 aETrqERTOhl COMMUNITr UMITe STATEMENT OF FINANUAL ACTIVITES For the finanad ye8r in queslion the COrnFony wa& entiued to exemption Und￿ 5eth.on 477 of th8 Companies Act 2006 rdating to 8rn311 companies. No mombers have r4uired lh8 companyto otéain an audit of ts eccounts forth&year in question in 8ccordanc•with Secoon 478 olthe Compenle8 Act 200e. The dSrertOfg ackno￿edge ththFreap0pAtr￿lfy Iw C0Fftthio￿IIh tha reqÈtirements of.the Aet with rweetto aeoouRttno re¢ordg and for ￿epa￿On of accounts. Those ￿￿Unts have ￿en preparad in accoidanco v￿h the prov￿On8 aprAicabli to ¢ompan168 •ubjéd to the smal cornpon r8glme. Tho finanaal Statements w¢r8 approv8d and authotsed for iswje bythe Board of TruBtse8 0Tr'. and wwe ￿￿￿ed on f& behdl ty. 151.0..Iiy.025 D•bbla W<>olkny- Trustee Date 15101 I￿15 Page é 8EMERTON COMMUNITY UMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POLICIES AccoLinlng ￿oni}en￿On Bem¢rton Ctsmmunty ￿rnIted is a company limited by guarantsé, InCOTpJrated and re￿'Stered in England and Walas. Thè ¢harty ¢èn8tikTrte8 a banefft ag defifted by FRS 102. The financia statements havè baèn PF0pared ih ac00￿￿nee with A¢¢ounlng and reporting by charihe8'. Statèmènt of Recommend•d Piactice apFI'catle lo chaiiues prepaong théir aeeounts in accordance wth the Flnan¢sal Roporttng Standard applicable In the Unit¢d ￿"ngdoM and Repubfrc of Ireland IFRS 1021 leffectwe 1 January 20191- (Charibes SORP 2019 IFRS 102 the Chanlies Aet 2011 and the Companies Ael 200811. The ehartty doos not meetthe definthon of a laroèr chaiiw under the ehames SORP and Is ihereforè exemwfrom the reqviTementto prepare a cash flow stslomenL Thé financlal 8tatem8nts arè prepared on # polno eone8m basi8, and in Sterkng {£) whlch k thèfundional Currency ofthe ehartty. The &gnhlcant 8c¢ounts"n9 poI¢¢88 gpkliod in the preparatlon of these financial 8tatementS ore Bel out bdow. ThE8e polb"eB have b8¥n Con￿stanty ap￿led lo all the years Pfes•nted Unt￿ oth8rvM$ statsd. The TnMtee& Trave ¢on&d•r8d the financi81 F4)s￿on of the OTganlsalon and )ellev& ihat tt Is currentty 2 9￿￿9 ¢on¢em. Fund aecounbng Unieslricted fundB Are wqillbl• ft*r u8• atth• d8er•tion ofthe Tru8teeB In fvrtheran¢• oflh* g•n•ral objective8 ofthe charfty and whlch h8vo not been de8lgnatod for olher purpUB￿. ReSIt1￿¢d lund$ are bjnds whlch are io be used In ag¢OTdance wtth specthc TvirlctlonB Impo8e(J by dor20rs or whlch have begn ra18ed by the chartyft>r p8rt4culgr purpos88. The co8t of raiBing and admSnlstering such fund8 18 charged again81 the 8perffjc lund. The aim and tJ8e Pl eeBh r•Btricl8d lund b 8&1.out In th8 noteg to the finandal 8latemenl8. Income r8cogniaon Al Incornlng re6ourc88 are included in the StateTnent of Plnandal Activ￿8¥ ISOFAI wnen thè chartty fd ieg&ky entsuèd to the Ineom• 8ft8r any performance cOnd￿on6 have been mot, th8 amount can be rnaaBured rdiabty and li probatlo that tho incom 11 be recefved. For donafjon8 to be racogni￿d thè eharity ￿11 h8v8 been notiffiéd ofthè amounts and the 8etUem8nt date In wrfllng. Iftharè arè cond￿'0n9 Bttached lo the donaljon and thig raquires a &av81 of perforrnonce before entmemènt ean be obtsined then income 1$ deferred unt'l ihos? condltron• are lully mei or th8 luhlliment of ihosè ¢ondmon8 ra w*hin tne contyoi otthè charty and It18 prob8￿8 thatthey Ylll b? lulfill¢d. No amount Y& Indudèd In thè financi81 st8tament8 for volunteer time in line wilh SORP IFRS 1021. Fixed a88et ghl8 In klnd are r￿Qon15¢d when recoNatAe and are induded at h'r value. Thoy ar• not deferied over the life ol the I￿￿t exptndM>re r•¢ognlY"on AJI expenditu¥e B accounted for on an a¢cruak basss and has been cla8sffjed under hoadngg that aggregate ￿1 coBts rejated to e oategory. Exp9nthtVfe18 Fecognyaed where Ihwg ig a leg81 or ¢onslru¢ti¥• ot%lgalKJTr lo make paymentgto third par￿, rt 18 probable thatthe setUgm8ntwll be requir8d and the amount of the oulgab.on can be me8sured r￿lab￿. The irrecoverable emenl of VAT iy included within the item olexpen¥et(J whieh it retatas. Pag* ? Beh4.ERToN COfvIMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS Tangitl8 fixèd assets Expenthture on fixed assets is caprtalised exceptfor expenrfthre Incurrad on the rèplacement of as48ts 01 low valu8 th a short r•. R8pair. ￿n0val.0n and replacernent 8xpen(rrttsie Nwritten off as expendrture in th8 Statement of Financi81 Athfoes. The cost of fixed a￿ets Is their purchase eogt, together ￿th any costs of acqul3ldon, Depreciallon is p1014detJ *.the follo￿1n9 annual rates sn orderto wnte off each osg¢t over esbmated uveful lrfe. Long l$as8hold Medium terrn a388ts 2% on cost 10% on cost 20% on cost F￿1res, fithngs and equipment DeMor8 Debtors arè r8cogni88d atthelr recoverabl8 amoun Croditorn and prov￿On8 Creditor8 Ond prov￿On$ are racognlgéd where the charity h88 a pr¢8ont otrAigalon resulting from 8 past evonl Ihot vljl prob8btv re8utt In the tranEl•r of funds lo a third Party and th8 amount due to 8elle the obligation can bè mea6ur8d or e8bmated r•li8bty. Credtor8 and proM*ont 8re norm81ty recgqn188d at Iholr 8*dement amount aft•T tor any trade dkg¢ounts oue. Qovemment grants and ¢oiL)nav4ruo The charty has r8c8ivad 8UPPOrt from th• UK 9ov•fDm•nt a8 Part of8 paekag? of m•asur88 Introduc8d to 8UPPL>rt or00n￿•tIoni during tht ¢oron•viru8 pgnd8mlc. Gov8mrnanl gr8nt• af• r•cognh¢d In th• flnandg16t&tsmonts In th• perfod In whi¢h Ih•y arg 2. Dona¥on8 and legacles Unrethct• R•stiict8d Totsl lun fvnd Totsl fvnd• 2024 2.010 1,122 5,488 2024 2024 2023 2,235 1,081 5.807 2,000 38,321 ,S90 49,3Q4 Frtend8 of Bemerton 2,010 1,122 tseneral donatr'ont Grantfor Cap•x Leg Totsl 8,590 3. Income from Inv8strnant8 ofth8 charwe Income from Investmfrnts arhes from Interest beadng depostt accosjn 4. Taxation Thè eharty 18 an exompt charty wrthln tha maaning of Schedule 3 of the Chaiitses Aet 2011 and Lg consldered to pass the t88t8 set out in paragfaph 1 Schedule 6 Flnonce 8ct2010 and therefor• It meets the defin￿On of a ch8ritaLle companyfor UK eorporaJon tax purpo￿8, S. Trustees and key managernent persr>nn&l remun&ration and èxpenses. The Tru8teeÉ nelihèr recefved nor walved any remuner*"on during th• y•#rl2022 Nill. 2024 1,525 2023 1699 ExpenseB ckimeil by Truste08 The charty eondd•rs ts key management per80nnel compr6e the Tntsts8s. Key management personnel are not remunerated. Page B 8EM2FiTOhl COMMUNITY UMITED NOTES TO THE FINANCIAL STATEMENTS 6. Staff costs Thè 8verage monthly number of •mployees during the y*r was.. AdmIn￿tratiOn 2024 2023 None Nonè Wege8 to eetr employed contractOT9 Socla 8acunty DellRed contr4buloft pandon8 Total 18 ?96 16.a28 15.296 1e,828 No •mployee8 receivod lotsl am￿0Yrn0nt benefft8 {exdudng am￿0Y•r pen￿On COBtsI of more than £80.0￿12022 none). 7. Met Incomlng l ouigolna re8Dur¢es Net Incomlng l outgoing re60urc68 are staled after char￿g.. D•predation. owned Indgp&ndènt 8xamln818 fe88 2024 2023 31,412 29,806 200 200 8. Tanglbl• r￿ed A88ets Long FiQur8B. lea8ehold Iiujngs an¢ equlpm8nt 45,309 702,315 8367 8,387 53.678 710,682 Co8t, aa at 1 J•nu•ry 2024 Add￿'on8 At 31 December 2024 657,006 657,006 Depreclatson, at 1 January 20•4 Ch8rg• forthe y¢ar At 31 DO￿rfibev2o24 128,ge8 40,038 109,006 28,025 5,387 31.412 154.993 45,425 200,418 Net book v8lu• At 31 December 2024 At 51 Decernts￿ 2023 502,013 528,038 8,251 510,284 5,271 5jy,Kd6* 9. Deblorg 2024 1,1Y2 2023 1,081 3,353 4,4i8 Ghl ald daim Prepeyments T'otal 1,122 10. CTedtore 2024 2023 Trade credf(or8 1411 800 200 1885 Hlre d8pos A￿rU81- 8c¢oontan¢yfèe Deferred In￿m? re ov8nt hlre Tot BOO 20 340 1,340 4,096 Page 9 EMeRTON COhlMLINITY LIMITED NOTES TO THE FINANCIAL sTATEME￿rs 11. Movemènt of funds Balance Incon￿ng r8sources Outgoing Baance re8ourcÈs 31.12.24 1.1.24 unr88tn.ctsd funds General free re8etve8 Unr8slfi¢tsd fixed a88ets 87.994 133,649 221.643 e4,588 -44,184 iOB,428 -13616 120,033 64,588 -57,770 228,461 Re8lrKt8d funds Conver*on of St Johnb church 399,433 47.760 447,1>3 -17797 381,838 .152 42.608 -2• 949 424.244 Communty fund8 TètalfuAé8 668.836 64,588 -80,719 852.705 compa￿1ve balances fortha year to 31.12.2023 Balanc8 1.1.23 Incomlng Outgolng Balance re80urce8 resouree8 31.12,23 Unresthcted fun(h G•neral free reseNe8 URFo￿¢￿d[￿0d a808ts 69.399 145,656 215,057 64,487 4S,872 87,994 -12009 133.649 84,467 -57,881 221,643 R88triot•d lund8 ¢nver8lon ot St John's church Communty fund6 417,250 9,500 426.730 -17,787 3>9,445 -2120 47.760 40,380 -19,907 447,203 40380 Tot81 funds 841,787 104,847 -77,788 668.846 Llnrestrtctsd fun(k "G•Thwof rèpf88•nts fundb which h8vo b88n accumula¢¢d for tho g•n•rql purpo••s of thè chanty UftrostActsdfixed ￿*t* MpM•eNl• unre8lAobJ funds herd 80 ftxed whleh am avfjll8bl•. RaStr￿rted fund8 Conwthn ol St John'•'_ th18 r•prn8ents r•8tricted fundB hdd Ai tsed a•Aèts whlch ar8 not r••dity avallable eommunltyfund In 4024 represented orantto ènabl& the tralning ot volunteers £è,2171£7,3791, and legacy£36,J91 1£38,3211. 12. Alocafjon of charlty net 088ets Th8 n8t a66ets are held for the variou8lund6 ab fdlows. Net current Long term total liabilfaeb Unrethcad fund8'. General Re$lrt¢tèd lund8 128.625 381.839 99,836 42805 228,461 424,244 Totsl 510,264 14* 441 52,70a prtOF year. ftel a99* held fopthe Vari&￿ lund&weTe a8foHo Unrethced lunds.. General Restric￿￿ fvnd8 133,936 399.373 87,707 47820 221,643 447,193 rotsl 533.309 135,521 tJist5,ESYV BEMERTON COhlMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS 13. Statu8 of company The company 18 8 registered chanty, limited by guarantee. The lia￿lty ofthè membéts in the event of # ￿nthng up by guar8nte& to an amount not exceeding £10 per member. 14. Rdated perni Iransgclon. Ther8 were no r¢l*ed paty IranBaclons during thg ￿8T(2022.. none). 15. Prioryear eomparalve 6tatement offinancial athiUe6. Totsl Unle8Md￿ Ré8trf¢Xed 31.12.2023 Note $4,090 Fundralalng •cb¥ths 54.090 Donalton$ grants and18gacy 8,903 40,381 49.284 Invwtrnents 1.473 1,473 Tota Income 64,488 40,)81 104,847 Expevtdituré 75,678 2,120 77,798 Total exp8ndft(tr• 75,878 2,120 77,796 Net Inwme l expendkure 38,281 27,04> Nèl m6v8mentiA fvAd4 -11,212 38,261 27,049 Reconcwation of ftJnd• Fund6 broughtforward •t 1 January 2023 215,057 428,730 641,767 Pundg carrted lorward 31,12.ea Pageli BEMERTON COMMUMITY LIMITED INCOME AND EXpEND￿uRE ACCOUNT 18. Income and ex￿ndit￿ 2LY24 2023 Income Donarfong 6,sèo Grants 2,080 Totsl doftatif*ng and gFaA 8590 4&284 BOo￿ng f Communty èvènts achool lee6 Recepl(on & wedding fees T¢lal luftd thng aefvlUe¥ 18,442 10.303 13,000 12,028 18.085 7,￿0 ' 13,Ouo 15,105 53.T13 54090 Inter88t incomo 2,225 2,22S 1,473 1,473 Totsl Income è4,586 Exp8ft&Xure Accountancyl. Independent examln•rf8 fae Bomerton LNe prolga8lono Cleaning Equlpment fepdr8 and renew Gan•ra oxp8n8e Inouianee Uc•nc88 and 8utrrtription• oht and heat Offlce axpen•e8 Wogo8 Water 4T/ 200 980 1670 2,578 r,79? 1847 4,626. 744 4.03 1876 5.882 829 10,677 3882 8,531 2191 1e,828 568 918 1,151 T816phone and Intem 3rd patylundg Waste manag¢monl Total èXwnd￿UrO 1,118 475 464 1672 508 49307 47992 aUr￿u$ I dofidt 1),2L91 ,655 DopFeol8tion Long lea$ehold FLxtures. and •qulpment 28,025 3,781 4,975 31412 29806 Net 8urplu81 Ideficlti -1U,131 2T,04> page 12 EMeRTO141 cOMkllJA!TY Lill!Teb (A COMPANY LIMITED BY GUARANTEE) REPORT OF THe TRLI8TEES ANO UNAiJDITED FINANCIAL STATEMENTS FOR THE YEAR ENOED31 DECEMBER 2024 e(>mpany no 07098771 Charity No 1136873 BEM2RYON eoMMUNITY UMITeD CONTENTS OF THE FINANCIAL STATEMENTS FOR THE VEAR ENDED 31 DECEP+l8ER2ts24 Charfty Information eport of the Yru8t6es IAdapeHdent ExarniAeÉ8 report. Statwnent of FinancAat Not88 to the Plrt8nc￿7 Ststam•nts CONTENTS OF THE FINANCIAL 8TATEMENT8 oard of Tru8t N l 88f8by DT L K FountsSn DWooKey DrR H ScottJupp P A Tfev•tt S Tdgger V Waits M Awlllrnot Company Sècrotsry D Woollty R￿6tsTed Offic• 5 St Road athbury SP2 9NT Charfty •ddrn89 stJohn'8 Place Lwr Road Salhbury SP2 9NP IAdop8Nder4tèx•mln8F M Wafde Nerbu 3 Nightingale Square London SW12 8QJ Page 1 èEknERTON COMMUMIT¥v ilMIT£D REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Thè Trustees Iwho afa also olrectofs of the chaTlt8Lle companyfor the purposés of company1￿) prÉs8nttheir annual report, logether wilh the independenty examined financial staternents of the charrtatle companyfor the year ended 31 Decemb81 2024, anLi cop.hrm thai they cotn#y wi1h the Gharitse8 Act ?Qi i, the goven>ing a0¢U￿an1 and tne cnenbes yL1P.E> 'a0191trft4 10-2 Legal and admlNbttalvg iftforma11èn is selout Pa￿ I, 8ndform8 part of.thb raporL. STRUCTURE, GOVERNME￿ AND MANAGEMENT Bemerton C'omrnunlw Lim￿e0 was incorporated on 8 Oéc8mDer 7009. Ihe company ra r&￿Stered the Llharity rommisEion Tor England and W81es IreLl8tration number 11388731. r( is incoiporatsd and rag￿er8d in En￿aThd and Wale8 88 a cornpany limrtad by guarantee. not havlng a 8hare eapital leornpafty Aumb&f 0709877711. Th01SabW ol the Mem￿ra in th6 &vent of a wnd'ng up ra limf(ed by guarante8 lo an amount not èxceeth'ng £10 per membar. Th& charity 18 controlèd by its governing document, a Dèad of Trust. eeruitment and appointment of Trusiee8. N￿tru8t￿6 Jr* racruf(8d and appolntsd by the •xi8ting Irustett when vac8nci88 8ri80. No oulwd8 party can appdntlrust*e•. OBJECTIVES AND ACTIVITIES Cherttabl8 obj8ctive8. T'he principal object otihe charry, 2% 8et out in lls hh&morandum of Aesociab'on, is to use Ine St John* enurcn in Lower 8emen(Tn aB a centr8 for the locol comrnu#ty and to ensure it continu*8foi tha fore8ee8blefuturg. sign￿￿ant Activ￿8* The renovafjon of the church wa6 completed in June 2016, Blnce whan (( has been operate¥ i4'1g5.laSI. Rgg&Fves polw ofthe Tru8tee9 b based on the Charty CommB8ion do¢4Jment CCIY and therefore fécogniseg the need to hokj reserv￿ In order to deal wrth adverse thanges in the levds of Income or expenilture in fulurè yeaTS. The cha￿8 wlicy is to hold thr8e to monthg. runnlng costs in reseNes. whSch 8quates to be￿n £10.000 and £20.CWJO. This report has been praparad In accordance the prow8ions of Pan 12S ol ihe Compan1￿ Act 2￿3 r8*aDng io smal cornpanles. Debbkn Wooll•y- Trustee 1511 l&o&c' Page a INbEpeNDeNT EXAV.&￿ER,8 REPORT To Tlic TRUSTEES OE BEMERTON COMMUNITY LIMITED FOR THE YEAR TO 31 DECEMBER 2024 I rèpjrt to the CharttyTntsts88 on my examination of the accounts olthe companyfor the year éndod 31 December2024 vthlch are Set OLrt on pages 5 to 15. Re8Wn81￿11é￿ and bas ot rewrL As tha oharity Trust8é6 ofthe company land akn its director8 fortha pU￿oseS of company lawl you are respon8lbl&forthé pr8paretloTr ofthe account& In oee6rdanee ￿ the requirements ofth6 CompAni89 Aot 2006 Ilhè 20￿ AcV}. H8￿n@ 8ati8fi8d my6dfthatth• account8 ofthe company are not required to bè oudrted under psrt 16 of the 20C6 Actand 8r6 igible for indèpand&nl examlnation. I rèport in respect of my èx8mination of your tompanrfs accounts 88 ¢arried out under 8ecuon 145 of the ehartdes A¢1 tlhg 4011 Artl. In carrying out my examlnaion I nave fdlowéd the &.r¢don bythe ehafity Commi88ion undw ￿ction 14515llbl of th¢ 2011 Act Ind8p8nd6nt Ex•mlnef8 8tat8m8nt I have ¢omploted my ￿MIna￿On. I coTrflmi that no matt8r8 have ￿m* to my att8ntion In ￿nn•don wth the examlnalon m• Ca￿trI0 bellw• that in any r•8p8Ct'. 1. Accounllng record8 wgie not kèpt In respect of the Company 88 required by 88cb.on J88 of th& •008 Act, or 2. The accounts do not accord %Mth th(SB• r6cord8, or 3. Tho 9ecounts do not comply vthth the accoununo requiroment• o18eoOon 398 of.the 20Cf Act other.than èHy requSFem?nt that. the accounts glve a Irue and which Is not a mattw ¢ongider•d 88 part olun Ind8p8ndent examlnation, or 4. Th• accounts have not b8en prepared in accordance vlth the rnethod8 and pAndpleJ ofth? Statement of Recomm8ndad Practice lor gccounfjng and repo￿ng by chartues. Mark Werde Norbury 3 Nlghtingae Squaie London SW12 8QJ l-/,./Lozf P8ge 4 8£mE￿￿ON.céx#TM￿NTr￿ UMFFED STATEMENT OF FINANCIAL ACTMThES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENOED 31 DECEMBER 2024 Total Uniestfic44t R4gtn"ot@6 2014 Note Totsl 202.3. ?? Fundr8￿1Thll aa￿l￿e6 62.363 54,090 Donafjons grant8 and legacy 49304 In¥g6tJ)1ont* 2,225 1473 Totsl Ihcomo 64,588 64.588 104.847 Expen(Itur• 57.770 22,949 80,719 7T.798 Totd 8xpwthur• 57,770 22,949 80,719 77,798 Nest In¢%me lèxpendrture 6,818 -22,949 -18,131 27,049 N•t movement In 6,818 -22,949 -18,131 27,049 Raoonci118Ion.ol.fund& FundB brought forward at 1 January 2024 221,843 447.193 668,836 641,787 Totsl fund5 caided forward Èt 31.12.24 228,461 424.244 652,705 868,838 Totd racognlBed galn8 8nd108ses Th•th&Aty hag no r4cognWJ4&wDr.10g￿Qth￿.1I￿I￿frWrplU*￿[.dBfjdt.lor.Ih•QUrrQnI.0r w•Aou*yAar.. Conllnulno op8rallong. None olthè ohantyl aolvileg wrè aoqulred or.dlsoonlThuèd durlng Ihe eurrant or year. BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Fu8d 888et8 510,284 533,309 Current aseet8 Oèbtors Cash at bank 1,122 4,434 142,659 135,188 rotd I￿J[rOnt.358el6 Id3,7B1 139m2 al￿￿99- CréditOF8 1,340 4,095 Net curr¢nt assets 142,441 135,527 Told 498* fj52,705 fi68..836 Fundg Unrestricted funds.. general Restricted fvnd Totsl chanty funds 228,461 221.643 424.244 447,193 652,705 868.836 P>>5 aETrqERTOhl COMMUNITr UMITe STATEMENT OF FINANUAL ACTIVITES For the finanad ye8r in queslion the COrnFony wa& entiued to exemption Und￿ 5eth.on 477 of th8 Companies Act 2006 rdating to 8rn311 companies. No mombers have r4uired lh8 companyto otéain an audit of ts eccounts forth&year in question in 8ccordanc•with Secoon 478 olthe Compenle8 Act 200e. The dSrertOfg ackno￿edge ththFreap0pAtr￿lfy Iw C0Fftthio￿IIh tha reqÈtirements of.the Aet with rweetto aeoouRttno re¢ordg and for ￿epa￿On of accounts. Those ￿￿Unts have ￿en preparad in accoidanco v￿h the prov￿On8 aprAicabli to ¢ompan168 •ubjéd to the smal cornpon r8glme. Tho finanaal Statements w¢r8 approv8d and authotsed for iswje bythe Board of TruBtse8 0Tr'. and wwe ￿￿￿ed on f& behdl ty. 151.0..Iiy.025 D•bbla W<>olkny- Trustee Date 15101 I￿15 Page é 8EMERTON COMMUNITY UMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POLICIES AccoLinlng ￿oni}en￿On Bem¢rton Ctsmmunty ￿rnIted is a company limited by guarantsé, InCOTpJrated and re￿'Stered in England and Walas. Thè ¢harty ¢èn8tikTrte8 a banefft ag defifted by FRS 102. The financia statements havè baèn PF0pared ih ac00￿￿nee with A¢¢ounlng and reporting by charihe8'. Statèmènt of Recommend•d Piactice apFI'catle lo chaiiues prepaong théir aeeounts in accordance wth the Flnan¢sal Roporttng Standard applicable In the Unit¢d ￿"ngdoM and Repubfrc of Ireland IFRS 1021 leffectwe 1 January 20191- (Charibes SORP 2019 IFRS 102 the Chanlies Aet 2011 and the Companies Ael 200811. The ehartty doos not meetthe definthon of a laroèr chaiiw under the ehames SORP and Is ihereforè exemwfrom the reqviTementto prepare a cash flow stslomenL Thé financlal 8tatem8nts arè prepared on # polno eone8m basi8, and in Sterkng {£) whlch k thèfundional Currency ofthe ehartty. The &gnhlcant 8c¢ounts"n9 poI¢¢88 gpkliod in the preparatlon of these financial 8tatementS ore Bel out bdow. ThE8e polb"eB have b8¥n Con￿stanty ap￿led lo all the years Pfes•nted Unt￿ oth8rvM$ statsd. The TnMtee& Trave ¢on&d•r8d the financi81 F4)s￿on of the OTganlsalon and )ellev& ihat tt Is currentty 2 9￿￿9 ¢on¢em. Fund aecounbng Unieslricted fundB Are wqillbl• ft*r u8• atth• d8er•tion ofthe Tru8teeB In fvrtheran¢• oflh* g•n•ral objective8 ofthe charfty and whlch h8vo not been de8lgnatod for olher purpUB￿. ReSIt1￿¢d lund$ are bjnds whlch are io be used In ag¢OTdance wtth specthc TvirlctlonB Impo8e(J by dor20rs or whlch have begn ra18ed by the chartyft>r p8rt4culgr purpos88. The co8t of raiBing and admSnlstering such fund8 18 charged again81 the 8perffjc lund. The aim and tJ8e Pl eeBh r•Btricl8d lund b 8&1.out In th8 noteg to the finandal 8latemenl8. Income r8cogniaon Al Incornlng re6ourc88 are included in the StateTnent of Plnandal Activ￿8¥ ISOFAI wnen thè chartty fd ieg&ky entsuèd to the Ineom• 8ft8r any performance cOnd￿on6 have been mot, th8 amount can be rnaaBured rdiabty and li probatlo that tho incom 11 be recefved. For donafjon8 to be racogni￿d thè eharity ￿11 h8v8 been notiffiéd ofthè amounts and the 8etUem8nt date In wrfllng. Iftharè arè cond￿'0n9 Bttached lo the donaljon and thig raquires a &av81 of perforrnonce before entmemènt ean be obtsined then income 1$ deferred unt'l ihos? condltron• are lully mei or th8 luhlliment of ihosè ¢ondmon8 ra w*hin tne contyoi otthè charty and It18 prob8￿8 thatthey Ylll b? lulfill¢d. No amount Y& Indudèd In thè financi81 st8tament8 for volunteer time in line wilh SORP IFRS 1021. Fixed a88et ghl8 In klnd are r￿Qon15¢d when recoNatAe and are induded at h'r value. Thoy ar• not deferied over the life ol the I￿￿t exptndM>re r•¢ognlY"on AJI expenditu¥e B accounted for on an a¢cruak basss and has been cla8sffjed under hoadngg that aggregate ￿1 coBts rejated to e oategory. Exp9nthtVfe18 Fecognyaed where Ihwg ig a leg81 or ¢onslru¢ti¥• ot%lgalKJTr lo make paymentgto third par￿, rt 18 probable thatthe setUgm8ntwll be requir8d and the amount of the oulgab.on can be me8sured r￿lab￿. The irrecoverable emenl of VAT iy included within the item olexpen¥et(J whieh it retatas. Pag* ? Beh4.ERToN COfvIMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS Tangitl8 fixèd assets Expenthture on fixed assets is caprtalised exceptfor expenrfthre Incurrad on the rèplacement of as48ts 01 low valu8 th a short r•. R8pair. ￿n0val.0n and replacernent 8xpen(rrttsie Nwritten off as expendrture in th8 Statement of Financi81 Athfoes. The cost of fixed a￿ets Is their purchase eogt, together ￿th any costs of acqul3ldon, Depreciallon is p1014detJ *.the follo￿1n9 annual rates sn orderto wnte off each osg¢t over esbmated uveful lrfe. Long l$as8hold Medium terrn a388ts 2% on cost 10% on cost 20% on cost F￿1res, fithngs and equipment DeMor8 Debtors arè r8cogni88d atthelr recoverabl8 amoun Croditorn and prov￿On8 Creditor8 Ond prov￿On$ are racognlgéd where the charity h88 a pr¢8ont otrAigalon resulting from 8 past evonl Ihot vljl prob8btv re8utt In the tranEl•r of funds lo a third Party and th8 amount due to 8elle the obligation can bè mea6ur8d or e8bmated r•li8bty. Credtor8 and proM*ont 8re norm81ty recgqn188d at Iholr 8*dement amount aft•T tor any trade dkg¢ounts oue. Qovemment grants and ¢oiL)nav4ruo The charty has r8c8ivad 8UPPOrt from th• UK 9ov•fDm•nt a8 Part of8 paekag? of m•asur88 Introduc8d to 8UPPL>rt or00n￿•tIoni during tht ¢oron•viru8 pgnd8mlc. Gov8mrnanl gr8nt• af• r•cognh¢d In th• flnandg16t&tsmonts In th• perfod In whi¢h Ih•y arg 2. Dona¥on8 and legacles Unrethct• R•stiict8d Totsl lun fvnd Totsl fvnd• 2024 2.010 1,122 5,488 2024 2024 2023 2,235 1,081 5.807 2,000 38,321 ,S90 49,3Q4 Frtend8 of Bemerton 2,010 1,122 tseneral donatr'ont Grantfor Cap•x Leg Totsl 8,590 3. Income from Inv8strnant8 ofth8 charwe Income from Investmfrnts arhes from Interest beadng depostt accosjn 4. Taxation Thè eharty 18 an exompt charty wrthln tha maaning of Schedule 3 of the Chaiitses Aet 2011 and Lg consldered to pass the t88t8 set out in paragfaph 1 Schedule 6 Flnonce 8ct2010 and therefor• It meets the defin￿On of a ch8ritaLle companyfor UK eorporaJon tax purpo￿8, S. Trustees and key managernent persr>nn&l remun&ration and èxpenses. The Tru8teeÉ nelihèr recefved nor walved any remuner*"on during th• y•#rl2022 Nill. 2024 1,525 2023 1699 ExpenseB ckimeil by Truste08 The charty eondd•rs ts key management per80nnel compr6e the Tntsts8s. Key management personnel are not remunerated. Page B 8EM2FiTOhl COMMUNITY UMITED NOTES TO THE FINANCIAL STATEMENTS 6. Staff costs Thè 8verage monthly number of •mployees during the y*r was.. AdmIn￿tratiOn 2024 2023 None Nonè Wege8 to eetr employed contractOT9 Socla 8acunty DellRed contr4buloft pandon8 Total 18 ?96 16.a28 15.296 1e,828 No •mployee8 receivod lotsl am￿0Yrn0nt benefft8 {exdudng am￿0Y•r pen￿On COBtsI of more than £80.0￿12022 none). 7. Met Incomlng l ouigolna re8Dur¢es Net Incomlng l outgoing re60urc68 are staled after char￿g.. D•predation. owned Indgp&ndènt 8xamln818 fe88 2024 2023 31,412 29,806 200 200 8. Tanglbl• r￿ed A88ets Long FiQur8B. lea8ehold Iiujngs an¢ equlpm8nt 45,309 702,315 8367 8,387 53.678 710,682 Co8t, aa at 1 J•nu•ry 2024 Add￿'on8 At 31 December 2024 657,006 657,006 Depreclatson, at 1 January 20•4 Ch8rg• forthe y¢ar At 31 DO￿rfibev2o24 128,ge8 40,038 109,006 28,025 5,387 31.412 154.993 45,425 200,418 Net book v8lu• At 31 December 2024 At 51 Decernts￿ 2023 502,013 528,038 8,251 510,284 5,271 5jy,Kd6* 9. Deblorg 2024 1,1Y2 2023 1,081 3,353 4,4i8 Ghl ald daim Prepeyments T'otal 1,122 10. CTedtore 2024 2023 Trade credf(or8 1411 800 200 1885 Hlre d8pos A￿rU81- 8c¢oontan¢yfèe Deferred In￿m? re ov8nt hlre Tot BOO 20 340 1,340 4,096 Page 9 EMeRTON COhlMLINITY LIMITED NOTES TO THE FINANCIAL sTATEME￿rs 11. Movemènt of funds Balance Incon￿ng r8sources Outgoing Baance re8ourcÈs 31.12.24 1.1.24 unr88tn.ctsd funds General free re8etve8 Unr8slfi¢tsd fixed a88ets 87.994 133,649 221.643 e4,588 -44,184 iOB,428 -13616 120,033 64,588 -57,770 228,461 Re8lrKt8d funds Conver*on of St Johnb church 399,433 47.760 447,1>3 -17797 381,838 .152 42.608 -2• 949 424.244 Communty fund8 TètalfuAé8 668.836 64,588 -80,719 852.705 compa￿1ve balances fortha year to 31.12.2023 Balanc8 1.1.23 Incomlng Outgolng Balance re80urce8 resouree8 31.12,23 Unresthcted fun(h G•neral free reseNe8 URFo￿¢￿d[￿0d a808ts 69.399 145,656 215,057 64,487 4S,872 87,994 -12009 133.649 84,467 -57,881 221,643 R88triot•d lund8 ¢nver8lon ot St John's church Communty fund6 417,250 9,500 426.730 -17,787 3>9,445 -2120 47.760 40,380 -19,907 447,203 40380 Tot81 funds 841,787 104,847 -77,788 668.846 Llnrestrtctsd fun(k "G•Thwof rèpf88•nts fundb which h8vo b88n accumula¢¢d for tho g•n•rql purpo••s of thè chanty UftrostActsdfixed ￿*t* MpM•eNl• unre8lAobJ funds herd 80 ftxed whleh am avfjll8bl•. RaStr￿rted fund8 Conwthn ol St John'•'_ th18 r•prn8ents r•8tricted fundB hdd Ai tsed a•Aèts whlch ar8 not r••dity avallable eommunltyfund In 4024 represented orantto ènabl& the tralning ot volunteers £è,2171£7,3791, and legacy£36,J91 1£38,3211. 12. Alocafjon of charlty net 088ets Th8 n8t a66ets are held for the variou8lund6 ab fdlows. Net current Long term total liabilfaeb Unrethcad fund8'. General Re$lrt¢tèd lund8 128.625 381.839 99,836 42805 228,461 424,244 Totsl 510,264 14* 441 52,70a prtOF year. ftel a99* held fopthe Vari&￿ lund&weTe a8foHo Unrethced lunds.. General Restric￿￿ fvnd8 133,936 399.373 87,707 47820 221,643 447,193 rotsl 533.309 135,521 tJist5,ESYV BEMERTON COhlMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS 13. Statu8 of company The company 18 8 registered chanty, limited by guarantee. The lia￿lty ofthè membéts in the event of # ￿nthng up by guar8nte& to an amount not exceeding £10 per member. 14. Rdated perni Iransgclon. Ther8 were no r¢l*ed paty IranBaclons during thg ￿8T(2022.. none). 15. Prioryear eomparalve 6tatement offinancial athiUe6. Totsl Unle8Md￿ Ré8trf¢Xed 31.12.2023 Note $4,090 Fundralalng •cb¥ths 54.090 Donalton$ grants and18gacy 8,903 40,381 49.284 Invwtrnents 1.473 1,473 Tota Income 64,488 40,)81 104,847 Expevtdituré 75,678 2,120 77,798 Total exp8ndft(tr• 75,878 2,120 77,796 Net Inwme l expendkure 38,281 27,04> Nèl m6v8mentiA fvAd4 -11,212 38,261 27,049 Reconcwation of ftJnd• Fund6 broughtforward •t 1 January 2023 215,057 428,730 641,767 Pundg carrted lorward 31,12.ea Pageli BEMERTON COMMUMITY LIMITED INCOME AND EXpEND￿uRE ACCOUNT 18. Income and ex￿ndit￿ 2LY24 2023 Income Donarfong 6,sèo Grants 2,080 Totsl doftatif*ng and gFaA 8590 4&284 BOo￿ng f Communty èvènts achool lee6 Recepl(on & wedding fees T¢lal luftd thng aefvlUe¥ 18,442 10.303 13,000 12,028 18.085 7,￿0 ' 13,Ouo 15,105 53.T13 54090 Inter88t incomo 2,225 2,22S 1,473 1,473 Totsl Income è4,586 Exp8ft&Xure Accountancyl. Independent examln•rf8 fae Bomerton LNe prolga8lono Cleaning Equlpment fepdr8 and renew Gan•ra oxp8n8e Inouianee Uc•nc88 and 8utrrtription• oht and heat Offlce axpen•e8 Wogo8 Water 4T/ 200 980 1670 2,578 r,79? 1847 4,626. 744 4.03 1876 5.882 829 10,677 3882 8,531 2191 1e,828 568 918 1,151 T816phone and Intem 3rd patylundg Waste manag¢monl Total èXwnd￿UrO 1,118 475 464 1672 508 49307 47992 aUr￿u$ I dofidt 1),2L91 ,655 DopFeol8tion Long lea$ehold FLxtures. and •qulpment 28,025 3,781 4,975 31412 29806 Net 8urplu81 Ideficlti -1U,131 2T,04> page 12