2025-03-31-accounts

Registered number: 06802004 Charity number: 1138399

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Mackworth Estate Community Association Limited

Trustees’ Report and Financial Statements

For the Year Ended 31 March 2025

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._ Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Contents

	Page
Reference and Administrative Details of the Charity, its Trusteesand Advisers	1
Trustees’ Report	2-4
Independent Examiner's Report	5
Statement ofFinancial Activities	5
Balance Sheet	7
NotestotheFinancialStatements	8-16

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-__ Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

		Reference and Administrative Details ofthe Charity, its Trustees and Advisers	Reference and Administrative Details ofthe Charity, its Trustees and Advisers	Reference and Administrative Details ofthe Charity, its Trustees and Advisers
;	_	Forthe Year Ended 31 March 2025 ; .			lL	.	oo.
		Trustees		P Dean, Chair
				D Page, Vice Chair (resigned 1 August 2024)
				LE Broughton, Vice Chair
				ZF Craig
				J Hardy
				D Willis
				M Walsh (appointed 1 January 2025)
		Company	registered	.
		number		06802004
		Charity registered number		1138399
		Registered office		Mackworth Estate Community Hall
				St Francis Church
				Prince Charles Avenue
				Derby
				Derbyshire
			,	DE22 4FN
		Company	secretary	J Hardy
		Accountants		Dains Audit Limited
				2 Chamberlain Square
				Paradise Circus
				Birmingham
				B33AX

Page1

— Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Trustees’ Report

For the Year Ended 31 March 2025

The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2024 to 31 March 2025. The Annual Report serves the purposes of both a Trustees’ report and a directors’ report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 has been omitted.

Objectives and activities

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a. Policies and objectives

The objects of the charity are to promote the benefit of the inhabitants of Mackworth Estate in a common effort to advance education, to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life of the inhabitants and residents of Mackworth Estate and to establish, or secure the establishment of, a community centre and to maintain and manage the same in furtherance of the objects.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’.

b. Strategies for achieving objectives

Focus has been put on improving the performance of the charity shop in addition to increasing the use of the hall to try and increase the funds available to reinvest in the community.

Achievements and performance

a. Review of activities

Over the past year, MECA has worked extremely hard alongside the trustees and volunteers within the community to raise our profile and establish links with external agencies. This effort has enabled us to harness funding opportunities and provide increased support within the community.

Unfortunately, the charity shop has had to make a staff member redundant, as the overhead costs were causing the shop to operate at a loss. We continue to monitor this closely to ensure the shop's viability.

The charity has been fundamental in delivering activities and support to the community, as well as reinvesting in it.

Page 2

— Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Trustees’ Report (continued)

For the Year Ended 31 March 2025

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Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The Company holds reserves in order that the levels of service provided to the community may be maintained should there be a reduction in incoming resources. Reserves in this context mean funds that are freely available for the Company's general purposes after all commitments have been met. It is the opinion of the trustees that the existing reserves are sufficient to meet any reduction in incoming resources.

¢c. Principal funding

Funding is primarily from hall hire and shop income but the trustees are actively pursuing any other possible funding - Opportunities which includes grants and other charitable funding opportunities.

Structure, governance and management

a. Constitution

Mackworth Estate Community Association Limited is registered as a charitable company limited by guarantee and was set up by a Trust deed.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

c. Financial risk management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Members’ liability

The Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up.

Page 3

_— Mackworth Estate Community Association Limited

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(A Company Limited by Guarantee)

Trustees’ Report (continued)

For the Year Ended 31 March 2025

Statement of Trustees’ responsibilities

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• ° select suitable accounting policies and then apply them consistently;

• e observe the methods and principles of the Charities SORP (FRS 102);

• e make judgments and accounting estimates that are reasonable and prudent;

• e state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• "8 prepore the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that ore sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 17 December 2025 and signed on their behalf by:

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P Dean
Trustee
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Page 4

~ Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Independent Examiner's Report

For the Year Ended 31 March 2025

independent Examiner's Report to the Trustees of Mackworth Estate Community Association Limited (‘the Charity’)

| report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or .

4. the accounts 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).

| 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 accounts to be reached.

This report is made solely to the Charity’s Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that | might state to the Charity's Trustees those matters | am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for my work or for this report.

Signed: tue Karen Neilson FCA

Dated: 17 December 2025

Dains Audit Limited , Birmingham

Page 5

. Mackworth Estate Community Association Limited

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(A Company Limited by Guarantee)

Statement of financial activities (incorporating income and expenditure account)

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For the Year Ended 31. March 2025 . . _ .

				Unrestricted	Total	Total
				funds	funds	funds
				2025	2025	2024
			Note	£	£	£
income from:
Donations and legacies			3	529	529	3,783
Charitable activities			4	51,199	51,199	38,994
Other trading activities			5	25,650	25,650	27,065
Total income				77,378	77,378	69,842
Expenditure on:
Raising funds		.	6	85,809	85,809	72,051
Total expenditure				85,809	85,809	72,051
Net movement in funds				(8,431)	(8,431)	(2,209)
Reconciliation of funds:	—
Total funds brought forward				29,215	29,215	31,424
Net movement in funds				(8,431)	(8,431)	(2,209)
Totalfundscarriedforward				20,784	20,784	29,215

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 8 to 16 form part of these financial statements.

Page 6

a Mackworth Estate Community Association Limited

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(A Company Limited by Guarantee) Registered number: 06802004

Balance Sheet

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• As at 31 March 2025 -

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			2025		2024
	Note		£		£
Fixed assets
Tangible assets	10		12,527		15,488
Current assets
Debtors	"1	99		-
Cash at bank and in hand		12,017		16,141
		12,116		16,141
Current liabilities
Creditors: amounts falling due within one year	12	(3,859)		(2,414)
Net current assets			8,257		13,727
Total net assets			20,784		29,215
Charity funds
Unrestricted funds	13		20,784		29,215
Totalfunds			20,784		29,215

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 17 December 2025 and signed on their behalf by:

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P Dean
Trustee
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The notes on pages 8 to 16 form part of these financial statements.

Page 7

a Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

For the Year Ended 31 March 2025

1. General information

Mackworth Estate Community Association Limited is a private company, limited by guarantee and incorporated in England and Wales. The Company's registered office is Mackworth Estate Community Hall, St Francis Church, Prince Charles Avenue, Derby DE22 4FN. The nature of the Companu's operations and principal activities are given in the Trustees’ Report.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Mackworth Estate Community Association Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2. Going concern

The Trustees assess whether the use of going concern is appropriate, that is, whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charity’s ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

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Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

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_ For the Year Ended 31 March 2025

1. Accounting policies (continued)

2.3. Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specitic purposes but not expended during the perlod Is shown in lhe relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

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Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

All expenditure is inclusive of irrecoverable VAT.

2.5 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities upon the completion of the relevant performance-related conditions. Other grants that are not subject to performance-related conditions are credited to the Statement of Financial Activities as the grant proceeds are received. Grants received prior to the revenue recognition criteria being satisfied are recognised as a liability.

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.- Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

For the Year Ended 31 March 2025

2. Accounting policies (continued)

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. ; Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, . Depreciation is provided on the following basis: Plant and machinery - 25% Reducing balance Computer equipment - 33% Straight-line Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. .

• 2.7 Debtors

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that o transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

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." . Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 31 March 2025

2. Accounting policies (continued)

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

3. income from donations and legacies

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024.
	£	£	£
Donations	529	529	403
Derby City Council grants	-	-	3,380
	529	§29	3,783
Total2024	3,783	3,783

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_. __For the Year Ended 31 March 2025

.— Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

4. Income from charitable activities

		Unrestricted	Total		Total
		funds	funds		funds
		2025	2025		2024
		£	£		£
	Hall hire	50,912	50,912		38,844
	Other trading activities	287	287		150
		51,199	51,199		38,994
	Total 2024	38,994	38,994
5.	Income from other trading activities
	Income from fundraising events
		Unrestricted	Total		Total
		funds	funds		funds
		2025	2025		2024
		£	£		£
	Shop income	25,650	25,650		27,065
	Total2024	27,065	27,065	;

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a Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

For the Year Ended 31 March 2025

6. Expenditure on raising funds

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Fundraising trading expenses

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Other costs	8,981	8,981	6,318
Telephone	2,380	2,380	976
Light, heat and water	20,565	20,565	12,905
Leisure classes	1,888	1,888	901
Insurance	1,813	1,813	1,725
Repairs and renewals	13,061	13,061	12,940
Postage and stationary	155	155	239
IT costs	324	324	288
Accountancy fees	3,055	3,055	2,476
Loan interest	124	124	165
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Cleaning	10,527	10,527	12,475
Subsistence	1,718	1,718	801
Donations	972	972	1,034
Wagesand salaries	16,066	16,066	13,466
Depreciation	4,180	4,180	5,342
	85,809	85,809	72,051
Total2024	72,051	72,051

1. Independent examiner's remuneration

2025 2024 £ £ Fees payable to the Charity's independent examiner 3,225 2,950

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. Mackworth Estate Community Association Limited

For the Year Ended 31March 2025) ;

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(A Company Limited by Guarantee)

Notes to the Financial Statements

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1. Staff costs

			2025	2024
			£	£
Wages	and	salaries	16,066	13,466

The average number of persons employed by the Charity during the year was as follows:

		2025	2024
		No.	No.
Average	employees	2	2

No employee received remuneration amounting to more than £60,000 in either year.

The total amount of employee benefits received by key management personnel for their services was £16,066 (2024 - £12,654).

9. Trustees’ remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - ENIL).

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - ENIL).

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. Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

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For the Year Ended 31March 2025 a : ;

10.	Tangible fixed assets
			Plant and	Computer
			machinery	equipment	Total
			£	£	£
	Cost or valuation
	At 1 April 2024		44,967	1,870	46,837
	Additions		1,219	-	1,219
	At 31 March 2025		46,186	1,870	48,056
	Depreciation	.
	At 1 April 2024		29,484	1,865	31,349
	Charge for the year		4,175	5	4,180
	At 31 March 2025		33,659	1,870	35,529
	Net book value
	At 31 March 2025		12,527	-	12,527
	At 31 March 2024		15,483	5	15,488
11.	Debtors
				2025	2024
				£	£
	Other debtors			99	-
12.	Creditors: Amounts falling due within one year
				2025	2024
			,	£	£
	Other taxation and social	security		1,483	1,698
	Accruals and deferred income			2,376	716
				3,859	2,414

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.* Mackworth Estate Community Association Limited

(A Company Limited by Guarantee)

Notes to the Financial Statements

For the Year Ended 31 March 2025 _ an

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1. Statement of funds

Statement of funds - current year

	Balance at 1			Balance at 31
	April 2024	Income	Expenditure	March 2025
	£	£	£	£
Unrestricted funds
General funds	29,215	77,378	(85,809)	20,784
Statement of funds - prior year
				Balance at
	Balance at			31 March
	1 April 2023	Income	Expenditure	2024
	£	£	£	£
Unrestricted funds
Generalfunds	31,424	69,842	(72,051)	29,215

14. Members’ liability

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.

15. Related party transactions

The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2025.

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