CAERWENT COMMUIYITY CENTRE COMMITTEE FINAIYCIAL STATEMENTS For the year ended March 31, 2025 Charlty No: 1137235 Registered Office: 5, Alianore Road Caldicot. IYP26 5DF
CAERWENT COMMUNfTY CENTRE COMMITfEE CONTENTS Trustees, Report Independent Examination Certificate Income and Expenditure Account Balance Sheet Notes to the Accounts
CAERWENT COMMUNrfY CENTRE cOMMIEE TRUSTEES, REPORT For the year ended March 31, 2025 The trnstees have pleasure in presenting their report and the financial statements of the charity for the year ended 31 March 2025 Principal Address: The Old Gym, Building 971, Lawrence Crescent, CaerwenL Monmouthshire. Registered OffRce: 5Alianore Road, Caldicot, Monmouthshire. NP26 5DF CHARITY STATUS The charity was inaugurated on 17 January 2002 as Caerw¢nt Community Centre Committee and was incorporated as Caerwent Community Centr¢ Committee Ltd on 17th December 2007. The new name has been registered with the Charity commission the number issued 1$ 1137235 In January 2024 the committee made the transition from Ltd. to CIO ORGANISATIONAL STRUCTURE The membership of Caerwent Community Centre Committee comprises of voluntary organisations that ar¢ active in the Council Ward of Caerwent. The Executive Committee is ¢le¢t¢d from that memb¢iship on an annual basis and m¢t twelve times during the y¢ar. There are no sub-committe¢s. PRINCIPAL ACTIVITY The organisation is a ¢harity, and its principal activities ¢ontinue to be to provide a recreational facility for the local community with particular emphasis on youth. SIGNIFICANf ACHIEVEMENTS AI¥D DEVELOPMENTS During the year ending 31 st March 2025 the executive Committee h&s continued to maintain the facilities provided by the Centre. We keep our hire costs low particularly to encourage regular hires for young people's groups. The facility is now in use every day mainly in the lat¢ afternoon and evening by child and adult groups these include Karate, Taekwondo, and a gym club who have thrived adding to their numbers. Archery Club, local so¢¢er Clubs, Building Bridges Disability Group, Walking Hockey & Football groups ,Mod¢l Car Club , Historic fencing club ,a Hit Boxing club and a precision dance group now regularly use the facility. During the winter months we have a number of young people's soccer clubg that use the facility. Painting, decorating and general repairs have been caTTied out where required, and scheduled annual inspections and assessments of the building and equipment have been carried out. In 2023124 additional storage cupboards were created for groups to store equipment on site, the meeting room refurbished, and digital wi-fi installed, the meeting room is now used by local Community Council and MCC for ad hoc meetings. As the new clubs settle in, w¢ anticipate their representatives will join the committee. Grants had been sourced to refurbish the kitchen ,annex and to replace the main entrance doors, this work was completed in 2024125 improving resources within for all groups and also creating a facility to host community led coffee morning for vulnerable adults and those who live alone. We have also sourced external signage making the premises more visually appealin& The Centre hosted two major events in the summer. the local Model Car Club and Precision Dance both hosting a Welsh championship event for their associations. TRUSTEES No trustee has any beneficial interest in the charity. HE TRUSTEES The trustees who served the ¢harity during the period were as follows: Mark Lewis (Chairy)erso Beryl Pugh (Treasurer) Andrew borbes (Secretary) Phil Murphy (County Council Repr¢s¢ntstiv¢) The Council of Managem¢nt also includes the following group repres¢ntstives: Fred Weston, Chris Davi¢s Peter Belsten , Alex Harris Edwina Sherwood (County Council Representative) lan Harnian (Booking Clerk) Julian Cleak, Marcus James
CAERWENT COMMUNITY CENTRE COMMITTEE TRUSTEES, REPORT (continued) For the year ended March 31, 2025 RESPONSIBILITIES OF THE TRUSTEES Th¢ Charities Act requires the trustees to prepare financial statements for each fmancial year which give a true and fair view of thc state of affairs of the charity at thc end of the year and of the surplus or deficiency for the year then ended. In preparing those financial statements, the trustees are required to select suitable accounting policies, as descrlbed on page 6, and then apply them on a consistent basis. making judgements and estimates that are prudent and r¢asonabl¢. The Trustees must also prepare the fmancial statements on the going concern basis unless it is inapproprtate to presume that the charity will continue in business. The tSteeS are responsible for keeping prop¢r accounting records which disclose with reasonable accuracy at any time th¢ financial position of the charity and to enable them to ensure that the financia] Statnents comply with the Charities Act 1993. The trustees are also r¢sponsible for safeguarding the assets of the charity and henc¢ for taking reasonable steps for the prevention and d¢tection of fraud and other irregularities. This report has been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006 Signed by order of the Trustees ot/,./ Andrew Forbes (Secretary) Approved by the trnste¢s on.
CAERWEiYf COMIUNTTy CENTRE COmMIEE Independent examiners, report to the Trustees of Caerwent Community Centre Committee For the year ended March 31. 2025 I report on the accounts of the Trust for the year ended 31 March 2025, which are set out on pag 4 to 7. Respectlve TpOnSIbl11(1 oftrnsiees and eyapniner The charity's Irustees are responsible for the prep8Trtion of th¢ accounts. The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed. It is my responsibility to- examine the accounts (under section 43(3){a) of the 1993 Act). to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7Xb) of the 1993 Act). and To state whether particular matters have come to my attention. Basls of Independent thmthers. report My examination was Caled out in accordance with the G¢n¢ral Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presentsd with those records. It also includes consideration of any unusua] items or disclosures in th¢ accounts, and the seeking of explanations from you as trnstees concemiT]g any such matters. The proceduies undertaken do not provide all the evidence that would be required in an audit and. consequently, I do not express an audit opinion on the view given by the accounts. Independenl aMInerS, slalement In connection with my examination. no matter has come to my attention.. (2) which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with s41 of the 1993 Act: and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act Have not been met. or (2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. SARAH L HEDGECOX BA(Hons) Date:
CAERWEIYT COMMUNITY CENTRE COMMITTEE INCOME AND EXPENDITURE ACCOUNT For the year ended March 31, 2024 Jvote 2025 2024 INCOME Grants received Sports & Social Clubs 7JOO 13066 6,700 IlJ58 Hire Rent reeeived Donation Release of Capital Grnnt 70 600 11,730 190 DIRECT COSTS Sports Day eosts Football Equipment EXPENDITURE Rent and Rates Insuranee Hea( Light and Power Licences & Admin Cleaning and Maintenance Major Renovations Communication & Sundry Depreeiatlon of Assets 513 6,304 498 7,985 24J56 1,042 1,273 5.589 412 15,819 678 40696 Net Gain l (Ioss) for the year (19J60) 6,207
CAERWENT COMMUNITY CEiYfRE COMMITTEE BALANCE SHEET as at March 31, 2025 Note FIXED ASSETS CURRENT ASSETS Debtors Cash at bank and in hand 1,176 20,S36 CURRENT LIABILITIES Creditor5 and accruals NETCURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 1,176 20,526 Deferred income- grants NET ASSETS REPRESENTED BY: Funds For the year ended 2025 the company was entitled to exemption under section 477(2) of the Companies Act 2006 No members have required the company to obtain an audit of it accounts for the year in question in accordance with ,. 476 of the Companies Act 2006. The directors acknowledge thelr responsibility for: i) Ensuring the company keeps accounting records which comply with section 386. ii)Preparin8 accounts which give true and fair vi¢w of the stste of affairs of the company as at the end of its profit ai for the financial year in accordance with section 393., and which otherwise comply with the requirements of the Com Act relating to accounts, so far Is applicable to the company. D. Mark Lewis Chairperson B Pugh Treasurer Date 1.10. 2e2>""
CAERWENT COMMUNITY CENTRE COMMtTTEE NOTES TO THE ACCOUNTS- March 31, 2025 ACCOUNTING POLICIES Accountlng convenllon The accounts are prepared under the historical cost convention. Depreclallon Fixed Assets fully depreciated in 2008, all assets purchase since 2008 have been written off during the year of purchase Irants Revenue received are credited to the Income and Expenditure Account in the year for which the grant relates. Grantq for capital expenditure ar¢ Credit to a deferral account and are released to the Income and Expenditure Account over the expected useful life of the relevant asset by equal annual instalments. Donallons Donations are credited to the Income and Expenditure Account in the year in which they are received. 2. SURPLUS FOR THE YEAR The Surplus for the year includes all income and expenditure attributable to the yeaT. 3. TANGIBLE FIXED ASSETS Flxlures, Flltings & Equlpmenl Le&sehold lryroVennts Tolal Cost At March 31, 2024 Additions Disposals 1,360 10,221 11,581 At March 31, 2025 io Depreciation At March 31, 2024 Charge for year Disp05als 1360 10221 11581 At March 31, 2025 1360 10221 11581 Net book value At Mareh 31, 2025 £th £th
CAERWENT CoMIU1Ty CEiYfRE COMMITTEE NOTES TO THE ACCOUNTS- March 31, 2025 4. DEFFRRED INCOME - GRANTS Pollce Grants Councll Grants Total At March 31. 2024 £ Grant Received in Year R¢leased to Income and Expenditure Account At Mawh 31, 2025 £J] FUNDS- INCOME AND EXPENDITURE ACCOUNT 2025 2024 At March 31, 2024 20,526 14J29 Profit/(Loss) in the year 19360 At March 31, 2025