Companies House Registration Number: 07470307 Charity Registration Number: 1144407
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Marcham Community Group
(A Company limited by guarantee)
Green Accountancy Limited Chartered Certified Accountants Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
Marcham Community Group
Contents
| Charity information | 1 |
|---|---|
| Report of the trustees | 2-7 |
| Independent examiner's report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10-11 |
| Notes to the Financial Statements | 12-21 |
Marcham Community Group
Reference and administrative details
Registered Company limited by guarantee number in England and Wales
07470307
Registered Charity number
1144407
Registered office
Village Hall Barrow Close Marcham Abingdon Oxfordshire OX13 6TY
Trustees
David Adams (appointed 16 October 2025) James Asher (resigned 31 October 2024) Daniel Barnes Geoffrey Dix Adam Grady (Chair) Mark Harvie Trevor Hill (resigned 16 October 2025) Michael Hoath Ruth Mander Jennifer Pam (appointed 31 October 2024) Colin Trinder (resigned 16 October 2025) Nathan Warne (appointed 16 October 2025)
All appointments and resignations were in accordance with the term limits in the Articles.
Independent Examiner
David Wilsdon FCCA Green Accountancy Limited Chartered Certified Accountants Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
Page 1
Marcham Community Group
Report of the trustees for the year ended 31 March 2025
Marcham Community Group is a company limited by guarantee, whose members are individuals paying annual subscriptions and interested in furthering the Objects of the charity. The Objects of the charity, the powers of the trustees and the regulations concerning their appointment are set out in the Articles of Association.
Objectives and activities
The Objects of Marcham Community Group (MCG), as a charity, are the provision for the benefit of the inhabitants of Marcham and the surrounding area of facilities (including a community building and playing fields) for meetings, lectures and classes, and for other forms of recreation or other leisure-time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
Structure, Governance and Management
MCG is a charity and company limited by guarantee. It is run by a board of trustees (also directors under the Companies Act) which is responsible for strategic decisions, setting policies and approving material expenditure. Three committees report to the trustees: Hall Committee, Field Committee and Finance & General Purposes Committee on matters of day to day operations. Each committee is chaired by a trustee. We have a head of Finance on the board of trustees responsible for book-keeping and setting up contracts.
The trustees have had regard to Charities Commission guidance on public benefit, which is an explicit component of the objects of the charity aimed at the local community.
The Trustees present their report with the financial statements of the charity for the year ended 31 March, 2025. The Trustees have adopted the provisions of 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 (FRS102) (effective 1 January 2019).
Reference and administrative details
Company limited by guarantee, registered in England no. 7470307 and registered Charity no. 1144407.
Page 2
Marcham Community Group
Report of the trustees for the year ended 31 March 2025
Activities
The hall, Multi-Use Games Area (MUGA) and car park are owned by Marcham Parish Council and leased to MCG on a 99-year lease (from 19th June 2020); the recreation fields surrounding the village hall, in the ownership of the Arthur Anson Trust, are leased to the Parish Council and subleased to MCG, for the same 99-year period. MCG operates and manages these facilities for the local community.
A paid part-time Coordinator manages bookings and hirers on a day-to-day basis and also covers a parttime cleaning role. A paid part-time Caretaker undertakes external tidying and grounds maintenance; general hall duties, including hall preparation and tidying and the cleaning of the changing rooms. The role also provides cover for the Coordinator in assisting hirers. We would like to thank our staff for their hard work during the year.
Achievement and Performance
During the financial year ended 31st March 2025, the facilities continued to receive steady use from regular hirers including community groups, with some new hirers emerging, with significant and growing demand from local people for private functions. The facilities also continue to attract a greater response for bookings from a wider geographical area, together with those of a commercial nature. These are charged at non-local and/or commercial rates and are now starting to generate extra income to supplement that provided by local and regular hirers.
It is encouraging to see the continued use of all the facilities by members of the community. The regular café, bar and sporting events being excellent examples of all ages and backgrounds of our community benefitting from the range of facilities on offer.
Financial Review
During the year we were continually focussing on the financial impact of higher fixed costs and the effect of inflation generally. Despite this we were able to close the year with a total income of £103,101 and a surplus of £18,522 on operating activities. With no capital expenditure the cash position rose by £23,530 to £125,375. Our interest from holding cash reserves in 95 day accounts yielded £1,903.
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Marcham Community Group
Report of the trustees for the year ended 31 March 2025
Trading Company
The trading subsidiary, Marcham Community Trading Ltd (“MCT”), wholly owned by the charity, operates the bar under terms of an agreement with MCG, paying a monthly rent for the facilities and donating profits to MCG under charity Gift Aid arrangements as approved by HMRC.
MCT currently has three directors (of whom two are statutory) responsible for running MCT, which is currently entirely staffed by volunteers. MCT has separate accounts which are independently reviewed by our accountant. Given its turnover, MCT is registered for VAT registration.
As a result of the trading surplus in the previous financial year 2023-24, MCT made a gift-aided donation to the charity of £23,315 during 2024-25.
MCG Community Investment Fund
The trustees of MCG designate the gift-aided donations from MCT to provide an MCG Community Investment Fund, which is used to provide capital equipment for community use purposes, to support community groups and community activities and to extend facilities to enable activities to benefit the community. Applications for grants are subject to considerations by the trustees for determining the acceptance of a grant, and if so, the level awarded.
Within the year the fund provided grants to Marcham Primary School of £4050 for the provision of an awning for their community garden, £500 to the local Sweetbriar Residents Association towards furniture for a new lounge facility, £300 to the organisers of Marcham Church flower festival and an on-going grant covering reduced hire charges for a Friday Club, which is a youth event taking place throughout the year. These grants have helped us to continue fulfilling our charitable Objects. We continue to regularly advertise locally the availability of this fund, inviting applications, and expect to be providing grants for specific purposes during the financial year 202526.
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Marcham Community Group
Report of the trustees for the year ended 31 March 2025
Reserves Policy
The trustees’ policy on reserves is to maintain sufficient cash reserves to provide working capital support for operating costs including minor repairs/maintenance for a forward period of up to 12 months. This period of cover may be reduced in future years when the longer-term pattern of income and expenses becomes more clearly established. In particular, the increasing cost of energy and the more general inflationary environment means we will have to ensure we retain adequate cash reserves and potentially review our sources of income, with the likelihood of some call on reserves to support operations in the short term.
In addition, and in line with a requirement of the leases and Management Agreement with Marcham Parish Council, the charity is required to contribute to a sinking fund (which is held as a Designated Fund in a separate interest-bearing 95-day notice bank account) by making payments from general funds of at least £5,000 per year. This fund can be spent only on major maintenance work on the facilities with approval of the Parish Council. Reserves therefore will need to be held to cover these required annual contributions, in addition to working capital needs. MCG has met this commitment to date and the payment of £5,000 due for 2024-25 was made into that fund prior to April 2025. The balance of this fund as at 31 March 2025 was £20,669. The expectation of use of these funds is indefinite, but realistically the fund is to deal with long term major maintenance works, so ideally it will not be used for 10-20 years.
At the end of the period, total reserve funds held were £121,887 (2023: £103,365). This is inclusive of designated funds being £20,669 capital fund referred above (2023: £15,250), £47,690 investment fund (2023: £29,704), and £2,000 events fund (2023: £1,470). General and unrestricted reserves totalled £45,292 (2023: £51,963), with restricted funds being £6,236 (2023: £4,978).
With a sizeable cash balance, and bank interest rates returning to more material levels, the trustees decided to place a large part of the cash balance in an interest-bearing 95-day savings account opened for that purpose. Sufficient balance is retained in the current account to meet short-term calls for cash. Longer-term cash commitments are reviewed at least monthly to retain the benefit of the notice period of this account.
Cash at bank
We closed the year with total MCG funds at bank of £125,375, of which £6,554 is in returnable hirer deposits and advanced booking fees; £20,669 is the restricted Capital (sinking) fund; £6,236 is other restricted funds; £47,690 is the designated Community Investment fund; and £2,000 is the designated Events Fund. The balance of cash in General funds was £42,226.
The designated Events fund is used to enable MCG to make payments , for example to cover band or other entertainment bookings, for community events in advance and ahead of receiving income to cover event bookings.
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Marcham Community Group
Report of the trustees for the year ended 31 March 2025
Recruitment and appointment of new trustees
The trustees are accountable to the local community through the membership of the charity and are elected by votes of members at each AGM. The trustees seek to maintain a set of skills on the board that we need to operate effectively, for example, operational, financial and marketing skills. The trustees proactively invite and consider people who may have skills appropriate to becoming trustees from amongst those currently serving on one or more of the four committees that support the board. Our preference currently is to invite people interested in helping to join one of the committees first, so that they can gain an understanding of the operation of the charity. We also make an open invitation to local residents, normally in advance of the AGM, to ask anyone interested in becoming a trustee to seek more information and to make an application for election (proposed by an existing member).
Volunteers
The trustees do not run operations on their own and rely heavily on teams of volunteers to run and maintain the facilities, working alongside our two part-time paid employees. All activities, whether for general village activities (such as the Big Marcham Weekend events), private organisations (like Harmony Inspires) or commercial hirers (like Zumba and Pilates classes) are run by others. We welcome new activities and would be happy to work with organisations (and individuals) to establish activities that are for the benefit of the community.
In addition, most of the regular maintenance work to keep the facilities in good condition is delivered by volunteers. We are hugely grateful to all volunteers who either run or support the activities in Marcham Centre for their time and dedication.
Exceptions from disclosure
None.
Funds held as custodian trustee on behalf of others
Damage deposits made in advance of facility hires are held on behalf of hirers ahead of the date of hire, and if all is satisfactory, these are returned to hirers. These deposits and hire fees paid in advance for hires in the following financial year are held in a restricted fund until the date of hire, when they are either re-paid or accounted for as income.
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Marcham Community Group
Report of the trustees for the year ended 31 March 2025
Trustees' responsibilities
The Trustees are responsible for preparing the Trustees Annual Report and the Trustees Report and Accounts in accordance with applicable law and regulations.
Each of the persons who is a trustee at the date of approval of this report confirms that:
-so far as each Trustee is aware , there is no relevant audit informa�on of which the charity’s auditor is unaware; and
-each Trustee has taken all steps that they ought to have taken as a Trustee to make themself aware of any relevant audit information and to establish that the charity’s auditor is aware of that information.
11/11/2025
The annual report of the trustees was approved by the trustees on ............................................. and signed on its behalf by:
Adam Grady (Chair) Trustee / Director
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Independent Examiner's Report to the Trustees of Marcham Community Group ('the company')
I 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 charity's trustees of the company (and also 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 company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I 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 company 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)).
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 to be reached.
Barry Coles FCCA Green Accountancy Limited Chartered Certified Accountants Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
11/11/2025
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Marcham Community Group
Statement of Financial Activities for the year ended 31 March 2025
| Unrestricted funds Note £ Incoming resources Income and endowments from: Donations and legacies 3.1 24,698 Charitable activities - income 3.2 72,100 Investment income 3.3 1,903 Total Income 98,701 Resources expended Expenditure on: Charitable activities - expenditure 4.2 81,437 Total expenditure 81,437 Net movement in funds 17,264 Reconciliation of funds: Total funds brought forward 98,387 Total funds carried forward 115,651 |
Restricted funds £ 4,400 - - 4,400 3,142 3,142 1,258 4,978 6,236 |
Total 2025 £ 29,098 72,100 1,903 103,101 84,579 84,579 18,522 103,365 121,887 |
Total 2024 £ 22,345 59,965 1,713 84,023 103,207 103,207 (19,184) 122,549 103,365 |
|---|---|---|---|
Continuing operations
All income and expenditure has arisen from continuing activities.
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| Marcham Community Group Balance Sheet as at 31 March 2025 Unrestricted funds Note £ Fixed assets Tangible assets 5 3,218 Investments 5 1 Total fixed assets 3,219 Current assets Debtors 6 3,785 Cash at bank and in hand 7 119,139 Total current assets 122,924 Creditors: amounts falling due within one year 8 10,491 Net current assets/(liabilities) 112,433 Total net assets 115,652 Funds of the Charity Unrestricted funds 10 115,651 Restricted income funds 10 Total funds 115,651 |
Restricted funds £ - - - - 6,236 6,236 - 6,236 6,236 6,236 6,236 |
Charity Number 1144407 CIO Number 07470307 Total Total 2025 2024 £ £ 3,218 14,164 1 1 3,219 14,165 3,785 4,664 125,375 101,845 129,160 106,509 10,491 17,309 118,669 89,200 121,888 103,365 115,651 98,387 6,236 4,978 121,887 103,365 |
|---|---|---|
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Marcham Community Group
Charity Number 1144407
CIO Number 07470307
Balance Sheet as at 31 March 2025
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for :
a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
11/11/2025
The financial statements were approved by the Board of Trustees and authorised for issue on ….................... and were signed on its behalf by:
.............................................
Adam Grady (Chair) Trustee / Director
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
1 Basis of preparing the financial statements
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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)',
-
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'
-
the Charities Act 2011.
-
and with the Companies Act 2006.
The charity is a Company limited by guarantee and constitutes a public benefit entity as defined by FRS 102.
2 Accounting Policies
Income
Income is included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources;
-
the monetary value can be measured with sufficient reliability.
Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.
Income from interest, royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Grants and donations
Grants and donations are included in the SoFA when the general income recognition criteria are met.
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met.
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Tangible fixed assets
These are capitalised if they can be used for more than one year, and cost at least £200. They are valued at cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 25% Straight Line Basis
Taxation
The charity registered as a charity on 15 December 2010 and since that date has been exempt from corporation tax on its charitable trading activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Cash at bank and in hand
Cash at bank and cash 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.
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
The charity has creditors which are measured at settlement amounts less any trade discounts
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
3.1 Income from donations and legacies
| Unrestricted funds £ Grants Received 100 Donations received 24,598 Gift Aid received - Total donations and legacies 24,698 Unrestricted funds Donations include the following amounts: £ Marcham Community Trading Ltd 23,315 23,315 Unrestricted funds Grants included in the above amounts: £ Marcham Parish Council Grant for Grass Cutting Total grants included in donations and legacies - 3.2 Income from charitable activities Unrestricted funds £ Field events 1,475 Fundraising Event Income 530 Hall hire 57,888 Membership subscriptions 351 MUGA - Income 456 Hall - Marcham Community Trading 11,400 Total income from charitable activities 72,100 |
Restricted funds £ 4,400 - - 4,400 Restricted funds £ - - Restricted funds £ 4,400 4,400 Restricted funds £ - - - - - - - |
Total 2025 £ 4,500 24,598 - 29,098 Total 2025 £ 23,315 23,315 Total 2025 £ 4,400 4,400 Total 2025 £ 1,475 530 57,888 351 456 11,400 72,100 |
Total 2024 £ 4,000 18,082 263 22,345 Total 2024 £ 16,702 16,702 Total 2024 £ 4,000 4,000 Total 2024 £ 1,525 1,470 43,943 425 1,202 11,400 59,965 |
|---|---|---|---|
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
3.3 Investment income
| Unrestricted funds £ Interest received 1,903 Total investment income 1,903 |
Restricted funds £ - - |
Total 2025 £ 1,903 1,903 |
Total 2024 £ 1,713 1,713 |
|---|---|---|---|
4.1 Charitable activities - expenditure
Providing the community with leisure facilities to meet local needs: As a membership organisation with
| Salaries - Gross Pay | Unrestricted Restricted Total Total funds funds 2025 2024 £ £ £ £ 26,163 - 26,163 24,348 |
|
|---|---|---|
| Salaries - Employer's NI | - - - (1,455) |
|
| Hall Costs | 24,539 - 24,539 33,264 |
|
| Depreciation charge | 10,946 - 10,946 17,942 |
|
| Field Costs | 3,329 3,142 6,471 7,223 |
|
| Community Fund Expenditure | 4,850 - 4,850 14,206 |
|
| Insurance | 2,912 - 2,912 2,824 |
|
| Pump Costs | 4,249 - 4,249 97 |
|
| MUGA Costs | 1,223 - 1,223 903 |
|
| Bookkeeping | 343 - 343 315 |
|
| Other Costs | 246 - 246 73 |
|
| Bad debt | - - - 204 |
|
| Governance (see note 4.2) | 2,637 - 2,637 3,263 |
|
| Total expenditure on charitable activities | 81,437 3,142 84,579 103,207 |
|
| Support costs | ||
| All support costs are allocated to the single | charitable activity of the charity and are included above. | |
| 4.2 | Governance costs included above | Unrestricted Restricted Total Total |
| Accountancy | funds funds 2025 2024 £ £ £ £ 1,902 - 1,902 1,838 |
|
| Legal Fees | - - - 735 |
|
| Statutory Returns | 34 - 34 13 |
|
| Independent examination | 701 - 701 677 |
|
| Total governance costs | 2,637 - 2,637 3,263 |
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
| 4.3 Trustee remuneration None of the trustees were remunerated during the year or the previous year. No trustee expenses were paid during the year 4.4 Staff costs There were no ex-gratia payments made and no redundancy payments made. There are no staff working for the charity who were paid more than £60,000. Average headcount in the year: 2025 Charitable activities 2 5 Tangible fixed assets Furniture & Equipment £ Cost At 1 April 2024 85,822 At 31 March 2025 85,822 Depreciation At 1 April 2024 71,658 Charge for year 10,946 At 31 March 2025 82,604 Net book value At 31 March 2025 3,218 At 31 March 2024 14,164 6 Investments 100% Share in Marcham Community Trading Ltd (company number 13415962) |
2024 2 Totals £ 85,822 85,822 71,658 10,946 82,604 3,218 14,164 Share in Subsidiary £ 1 |
|---|---|
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
| 7 Debtors Unrestricted funds £ Debtors 2,776 PAYE asset - Accrued interest 1,009 Total debtors 3,785 8 Cash at bank and in hand Unrestricted funds £ Current Account 26,520 Deposit Account 92,619 Total cash at bank and in hand 119,139 9 Creditors: amounts falling due within one year Unrestricted funds £ Prepaid hall bookings 6,554 Creditors 860 Accrued expenditure 3,077 Owed to the trading company - Total creditors due within one year 10,491 |
Restricted funds £ - - - - Restricted funds £ 6,236 - 6,236 Restricted funds £ - - - - - |
Total 2025 £ 2,776 - 1,009 3,785 Total 2025 £ 32,756 92,619 125,375 Total 2025 £ 6,554 860 3,077 - 10,491 |
Total 2024 £ 3,137 676 851 4,664 Total 2024 £ 30,972 70,873 101,845 Total 2024 £ 4,250 1,426 3,207 8,426 17,309 |
|---|---|---|---|
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
10 Charity funds - current year
| General funds Designated funds Community Investment Fund Capital fund required by lease Events Fund Total unrestricted funds Restricted funds MPC grass cutting grant Marcham Players Total restricted funds Total funds |
At 1 April 2024 £ 51,963 29,704 15,250 1,470 98,387 4,000 978 4,978 103,365 |
Net movement in funds £ (1,671) 17,986 419 530 17,264 1,258 - 1,258 18,522 |
Transfers between funds £ (5,000) - 5,000 - - - - - - |
At 31 March 2025 £ 45,292 47,690 20,669 2,000 115,651 5,258 978 6,236 121,887 |
|---|---|---|---|---|
The restricted fund are grants received in the year and unspent at the end of the year.
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
11 Charity funds - previous year
| General funds Designated fund Community Investment Fund Capital fund required by lease Events Fund Total Unrestricted funds Restricted funds Furniture & equipment grant Vale of White Horse art project grant MPC grass cutting grant Marcham Players Total Restricted funds Total funds |
At 1 April 2023 £ 79,748 27,739 10,012 - 117,499 1,147 160 2,765 978 5,050 122,549 |
Net movement in funds £ (24,463) 2,496 238 1,470 (20,259) - (160) 1,235 - 1,075 (19,184) |
Transfers between funds £ (3,321) (532) 5,000 - 1,147 (1,147) - - - (1,147) - |
At 31 March 2024 £ 51,963 29,704 15,250 1,470 98,387 - - 4,000 978 4,978 103,365 |
|---|---|---|---|---|
12 Limited by Guarantee
All members of the company, being Directors, each guarantee to contribute to the assets of the company in the vent of winding up, a sum not exceeding £1.
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Marcham Community Group
Notes to the Financial Statements for the year ended 31 March 2025
13 Related Party Transactions
Marcham Community Trading Ltd (company number 13415962)
100% owned subsidiary
During the period the charity received £11,400 (2024: £11,400) from Marcham Community Trading Ltd for hall hire.
Marcham Community Trading Ltd also made a donation of £23,315 (2024: £16,702).
At 31 March 2025 £Nil (2024: £8,426) was owed to Marcham Community Trading Ltd. Future donations are expected from Marcham Community Trading Ltd, depending on the company’s trading surplus.
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