THE NAILSEA LINK (A Company Llmlted by Guarantee> Unaudited Trustees, Report and Financial Statements 31 August 2025 Charity Number: 1143247 Company Number: 07506490
The NAILSEA LINK CONTENTS FOR THE YEAR ENDED 31 AUGUST 2025 CONTENTS PAGE Trustees, Report Referen and Adrninistralive Informalion Independent Examiner's Report Statement of Financial Adivities Balance Sheet Notes to the Financial Statements 8-12
THE NAILSEA LINK TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Trustees. Report for the Year Ended 31 August 2025 The Trustees present their annual report together with the financial statements of the Charity for the period 1 September 2024 to 31 August 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 charilable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of ReGornmended 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 a. Policies and Objectives The objectives of the Charity are to advance the education of the students of Nailsea School in particular, but not exclusively, by promoting or assisting in the provision of facilities and activities not normally required to be provided by the school. In addition, The Link seeks to promote its facilities to the wider inhabitants of Nailsea and the surrounding areas, for the purpose of recreation. In setting objectives and planning for activilies, the Trustees have given due consideralion to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Public benefi1= running a charity IPB21'. Achievements and Performance a. Review of Activities During ihe year during both term limes and holiday periods, The Link ran events and managed the hire of the school's facilities, providing a wide range of recreational activities and events to the community, encompassing leisure, family and adult learning. Through The Link. the school sile is Ihe home to a wide variety of clubs and associations, and each year hosls a number of community activities and events. During the period 1 September 2024 to 31 August 2025, The Link hosted a wide range of community events, including the annual Nailsea Flower Show, the conferences oflhe Nailsea History Society and the Nailsea Footpath Group, as well as exhibitions by the Model Railway Society and the British Soldier Society. In addition, The Link was the venue for a Dance Festival and a Musical Festival, alongside various dance competitions and perfomiances for under-16s, such as the Natalie White School of Dance Show and Tillie's School of Performing Arts.
THE NAILSEA LINK TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2025 We continue to provide a weekly booking for Wellspring Counselling Services, offering a dedicated space for evening adult and youth counselling sessions, and holiday clubs are held every half term in partnership with Priority Football. These sessions have been highly successful and have provided valuable childcare support for local families during school holidays. Furthermore, The Link hosted numerous charity fundraising events throughout the year, including PTA events and charity football matches. 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 delails regarding Ihe adoption of the going concern basis can be found in the accounting policies. b. Financial Review The Nailsea Link made a small surplus in the year to August 2025 of £3,210 (2024= deficit of £3,885). This was due to an increase in income from charitable activities to £119,307 {2024= £104.383). Total expenditure increased to £116.097 (up from £108,318). The Trustees are confidenl that Ihe Charity will return to generating a surplus going forward. c. Reserves The Charity does not have a reserves policy. The Charity donales any surplus made al the end of each financial year to Nailsea School, part of the Wessex Learning Trust, situated on the same site as The Nailsea Link. Structure, Governance and Management Constitution The Nailsea Link is registered as a charitable company (number 1143247) limited by guarantee and was set up by a Memorandum ofAssociation dated 20 July 2011. 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 Truslees have assessed the major risks to which the Charily is exposed, in particular those relaled to the operations and finances of the Charity and are satisfied that systems and prOdureS are in place to mitigate exposure to the major risks.
THE NAILSEA LINK TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2025 d. Plans for Future Periods The Charily uses funds to mainlain the facilities and keep it running on a day-to-day basis, to meet the needs of the local community. Trustees monitor activity and expenditure based on the cash posilion of the charity. Statement of Trustees, responsibilities The Trustees (who are also dirertors 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, including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable cornpany for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them Gonsistently., observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed. subjectto any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial position of the charitable company 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 charitable company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees on 24 March 2026 .and signed on their behalf by.. D Elliott Chair
THE NAILSEA LINK REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 AUGUST 2025 Registered numbers 1143247 (Charity Commission for England and Wales) 07506490 (Companies House) Directors D Elliott (Chair) E Colbourn C Body J Morris R Prior K Ridge H Morgan (appointed 1310112025) Secretary S Hurlow Registered Office Mizzymead Road Nailsea BS48 2HN Independent examiner Joshua Kingston Bsc IHons} FCA Burton Sweel Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR
THE NAILSEA LINK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEE'S OF THE NAILSEA LINK {'THE COMPANY,) FOR THE YEAR ENDED 31 AUGUST 2025 I report to the Charity Trustees on my examination of the accounts of the Company for the year ended 31 August 2025. Responsibilities and basis of report As the Charity's Trustees of the Company {and also ils 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'l. Having satisfied myself that the accounts of the Company are not required lo 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 accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. 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 examlnerfs statement I have completed my exarnination. I confirm that no matters have come lo my altenlion in connection wilh the examination giving me cause to believe- accounting records were nol kept in respect of the Company as required by section 386 ofthe 2006 Act- or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of seclion 396 of the 2006 Act other than any requiremenl that Ihe accounts give a 'lrue and fair view which is not a matter considered as part of an independent examination., or the accounls have not been prepared in accordance wilh the methods and principles of the Statement of Rewmmended Practice for accounting and reporting by charities applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 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 accounts lo be reached. Joshua Kingston Bsc {Honsl FCA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR Date= 24 March 2026
THE NAILSEA LINK (A Company Limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 AUGUST 2025 Unrestricted Funds Total Funds 2025 Total Funds 2024 Note Ineome from: Charitable Activities Donations 119,307 119.307 104,383 50 Total income 119,307 119.307 104,433 Expenditure on: Charitable Activities 116,097 116.097 108,318 Total expenditure 116,097 116.097 108,318 Net incomel{expenditure) and net movement in funds 3,210 3,210 13,8851 Total funds at start of year 13,366 13,366 17,251 Total funds at end of year 16,576 16,576 13,366 The Charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the charity are classed as continuing. Comparative fund transactions are shown in note 11. The notes on pages 8 to 12 form part of these flnanclal statements
THE NAILSEA LINK (A Company Limited by guarantee) BALANCE SHEET AS AT 31 AUGUST 2025 Company number: 07506490 2025 2024 Note CUent assets Cash al bank and in hand Debtors & Prepayments 7,106 11,894 19,000 25,834 18,212 44,046 Creditors: amounts falling due within one year 12,424) 130,680) Net current assets 16,576 13,366 FUNDS Unrestricted funds General funds 11 16,576 13,366 Total funds 16,576 13,366 For the year ending 31 August 2025 the company was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dlrectors. responslbllltles: The members have not required the company to obtain an audit of its accounts for the year in question in accordance wth section 476 The directors acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of accounts These accounts have been prepared in accordance with the provisions applicable lo companies subject lo the small companies, regime. These financial statements of The Nailsea Link were approved by the Board of Trustees on and are signed on their behalf by.. 24 March 2026 D Elliott Chair The notes on pages 8 to 12 form part of these financial statements
THE NAILSEA LINK (A Company Limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 1 Accounting policies Accounting convention The financial slalements have been prepared in accordance with the historical cost convention lexcept where othenmse staled in the accounting policy note) and in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, and the Companies Act 2006. The charity is a public benefit entity as defined under FRS102. The Trustees consider that there are no material uncertainties affecting the abilty of the charity lo Continue as a going concern. Going Concom The Trustees assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related lo events or conditions that may cast significant doubl on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Income All income is recognised once the Charity has entillemenl lo th8 income, It is probable that the income will b8 received and the amount of income receiveable can be measured reliably. Expenditurg Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo 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. Charitable aelivilies and Governance costs are costs incurred on the Charitls educational operations, including support costs and costs relating to the governance of the Charity apportioned to charitable activities. All expenditure is inclusive of irrecoverable VAT. Governance costs Governance costs include those costs associated with meeting the conslitulional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. Governance costs are included within support costs. Fund a¢untIng General funds are unreslricled 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.
THE NAILSEA LINK (A Company Limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 2 Income from: Charitable Activities Unrestricted Funds Total Funds 2025 Sports Facilities Management 119,307 119,307 119,307 119,307 Prlor Year Unrestrlcted Funds Total Funds 2024 Sports Facilities Management 104,383 104,383 104,383 104,383 3 Income from: Donations Unrestrlcted Funds Total Funds 2025 Donations Prlor Year Unrestricted Funds Total Funds 2024 Donations 50 50 50 50
THE NAILSEA LINK (A Company Limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 4 Expenditure on.. Charitable Activities Total Funds 2025 Totsl funds 2024 Direct wsts Facilities & Cleaning Costs 15,512 18,340 73,954 11,614 24,451 65,864 Salaries 107,806 101,929 Support costs Finance Recharge Bank Fees General Expenses IT Software and Consumables Telephone & Internet Sundry Governance Costs (Note 51 4,041 118 2,427 103 359 939 212 1,382 239 87 2,424 2,340 8,291 6,389 Total costs 116,097 108,318 5 Net incomellexpenditure) for the year This is slated after charging.. 2025 2024 Independent examiner's fees - for independent examination services and accounts preparation 2,424 2,340 No Trustees have been reimbursed for their out of pocket travel expenses12024.. £Nil)- No Trustee received any remuneration during the current or previous year. Aggregate donations from Trustees, key management personnel and other related parties were £Nil12024.. £Nil). 6 Taxatlon The charity is exempt from corporation tax on its charitable activities. 10
THE NAILSEA LINK (A Company Limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 7 Movement in funds For the year ended 31 August 2025 At 1 Sept 2024 At 31 Aug 2025 Income Exponditura Transfers Unrestricted funds General funds 13,366 119,307 1116,097} 16,576 13,366 119,307 116,097 16,576 Total funds 13,366 119,307 1116,0971 16,576 Prior Year For the year ended 31 August 2024 At 1 Sept 2023 At 31 Aug 2024 Income Expenditure Transfers Unrestricted funds General funds 17,251 104,433 1108,318) 13,366 17,251 104,433 108,318 13,366 Total funds 17,251 104,433 1108,3181 13,366
THE NAILSEA LINK (A Company Limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 8 Debtors 2025 2024 Trade debtors Prepayments and accrued income 7,134 4,760 11,308 6,904 11,894 18,212 9 Creditors 2025 2024 Trade creditors Accruals and deferred income 28,340 2,340 2,424 2,424 30,680 10 Related party transactlons The Charity has not entered into any related party transactions during the year12024.. Nill, nor are there any outstanding balances owing between related parties and the Charity at 31 August 2025. 11 Comparatlve fund movements Unrestricted Funds Total Funds 2024 Income from: Charitsble Activities Donations 104,383 50 104,383 50 Total income 104,433 104,433 Expenditur8 on: Charitsble Activities 108,318 108,318 Total expenditure 108,318 108,318 Net incomellexpenditurel and net movement in funds 13,8851 {3,8851 Total funds at start of year 17,251 17,251 Total funds at end of year 13,366 13,366 12