Greasby Community Association
(A COMPANY LIMITED BY GUARANTEE)
REGISTERED COMPANY NUMBER: 07723033 (England and Wales)
REGISTERED CHARITY NUMBER: 1145588
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025
| CONTENTS | Page |
|---|---|
| Contents | 2 |
| Company & Charity Information | 3 |
| Report of the Trustees | 4-7 |
| Report of the Independent Examiner | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11-16 |
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) CHARITY & COMPANY INFORMATION
REFERENCE AND ADMINISTRATION DETAILS Charity Name
Greasby Community Association (Limited by Guarantee)
Registered Charity Number 1145588
Registered Company Number 07723033
Registered Office
Brabners Chaffe Street Horton House Exchange Flags Liverpool Merseyside L2 3YL
Business Address
10 Neale Drive Wirral CH49 1SL
Trustees
Wendy Clements (Chairperson) Lynn Collins Malcom Brown (appointed 22 January 2025) Jacqueline Doyle Tracy Elzeiny John McDonald Helen O’Donnell (resigned 22 January 2025) Susan O’Neil Jon Newton Dennis Walsh Gerard McBeath (Treasurer) Councillor Grahame McManus Councillor Mark Skillicorn
Bankers
The Co-operative Bank Virgin Bank Shawbrook Bank
Independent Examiner
Counting for Communities Ltd 16 Holmwood Drive Liverpool, L37 1PQ
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and the ‘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)’.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The governing document is the company’s memorandum and articles of association dated 29 July 2011 as amended on 30 September 2018.
Appointment of Management Committee
At the Annual General Meeting one-third of the Trustees are subject to retirement by rotation or, if their number is not three or a multiple of three, the number nearest to one third shall retire from office, but, if there is only one Trustee who is subject to retirement by rotation, he shall retire.
Induction and training of new trustees
Trustees are appointed on the basis of their ability to bring to the Board a range of skills to assist in the governance and development of the Charity. In addition, Charity Commission literature is given to all Trustees on an on-going basis in order to assist them to understand their legal responsibilities.
Organisational Structure
Greasby Community Association is a registered charity with Charity Commission, Charity Number 1145588 and a registered Company limited by Guarantee with Companies House Company Number 07723033. A Management committee meet monthly and are responsible for the strategic direction and policy of the charity.
Risk Management
The Board of Directors has reviewed the major risks to which the Charity is exposed. It has regularly reviewed the key financial information and has examined other operational and business risks which the Charity faces. It also confirms that there are established systems in place to mitigate significant risks and where necessary respond to them. The Board of Trustees seeks to maintain a level of unrestricted funds to meet a minimum of six months core running costs.
PUBLIC BENEFIT
When planning and programming activities for the local residents of Wirral, the Trustees of Greasby Community Association are mindful of the Charity Commissions guidelines on Public Benefit.
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) TRUSTEES’ ANNUAL REPORT - CONTINUED For the year ended 31 March 2025
OBJECTIVES
Objectives and Aims
The Objects of the Charity are:
- To further or benefit the residents of Greasby and the neighbourhood and other Districts the Trustees shall deem appropriate, without distinction of gender, sexual orientation, race, age, disability or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.
2.To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
ACHIEVEMENT AND PERFORMANCE
The Greasby Centre has been operating independent of Wirral Council since 2012, and directors are confident that we have sound regular centre users to continue with a strong business plan.
The Children’s Centre continues to build a clientele of community groups, engaging with external organisations providing educational and fun activities.
GCA have kept the hire fees stable for this financial year.
The Association’s project Light up Greasby Community event was held again this year, and the event changed format to include a Christmas market with local traders and a small fun fair. Fundraising activities took place to extend the Christmas lights display and replace broken lights continued throughout the year. The Lantern parade and Light switch on was very well attended. Social media comments and thanks supported how much this community event was enjoyed and welcomed by the residents of Greasby and surrounding areas.
The Association’s Celebrate Greasby Family Fun Day was held in June. This event was very well attended, and the day was a huge success. The event also gave the opportunity for several local small charities to raise funds. Again, social media posts supported the popularity and benefit to the community of this event.
The Green and Blooming volunteers continue to develop beautiful areas within Greasby that not only keep Greasby looking picturesque but provide areas for residents to sit and enjoy, supporting residents’ mental health and wellbeing. The Volunteer group continues to grow.
The volunteer group ‘The Landliners’ continue to renovate and develop the two K6 red phone boxes purchased on behalf of the community at resident’s request.
Local schools and community groups have joined the programme to put displays in the phone boxes, which has proven very popular.
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) TRUSTEES’ ANNUAL REPORT - CONTINUED For the year ended 31 March 2025
FINANCIAL REVIEW
The association maintained stable finances throughout the 2024-25 period. Both centres successfully supported their respective user groups, achieving satisfactory outcomes.
The association remains in a strong financial position, consistently meeting its obligations and maintaining reserves primarily dedicated to ensuring the facilities are safe and welcoming.
Medium and long-term strategies for managing these reserves will be formulated within the next 12 months.
PLANS FOR THE FUTURE PERIODS
The Directors retain their confidence that the Community Association is established on a sound financial footing for 2025/26.
The Association plan to continue to maintain the Greasby Centre to a high standard for community use with a diverse and inclusive programme of activities. The centre is still very popular and as part of the Social Value of the Centre we have been able to host several fundraisers for other charities and causes.
The current 3-year license for the Children’s Centre expired in March 2024, negotiations have commenced with the Local Authority regarding a new, longer agreement, to provide the opportunity for stronger business planning and funding opportunities. The negotiations have been delayed while the Local Authority conduct community consultations regarding the Library.
The Children’s Centre will continue to develop partnerships with professional and community Groups to offer a range of valuable educational and fun activities.
GCA are planning to hold our two large community events, Light Up Greasby and Greasby Celebration Day in 2025. A volunteer recruitment programme will also be launched to support the valuable work volunteers achieve in Greasby.
The Green and Blooming have plans to develop further greenspaces in Greasby and continue to receive positive feedback via social media.
The phone-box team, The Landliners, are continuing to maintain the phone boxes and engage with local community group and schools to decorate with topical displays.
The association will continue to maintain strong links with volunteers and community groups to develop projects and community activities in the next financial year.
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) TRUSTEES’ ANNUAL REPORT - CONTINUED For the year ended 31 March 2025
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Company law requires the Directors to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the company and of its income and expenditure for that period. In preparing those financial statements, the Directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue as a going concern;
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state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ON BEHALF OF THE BOARD:
…………………………………….. ……19/11/2025………………………………. Wendy Clements (Chair of Trustees) Date fons
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REPORT OF THE INDEPENDENT EXAWIINER TO THE IAEMBERS OF GREASBY COMMUNITY ASSOCIATION I report on the acC(nts for the year endal 31 March 2025 set oui on pages 9 10 16. Respective responsll)ilnles of trnStee5 and •uminer The chatity's Irustees are resFK)nsiEAe for the preparation of the accounts. The charity's trustees Consider that an audrt is not required for this year urKler secbon 144 of the CharTties Act 2011 (Ihe Charities Act) and that an independent ex&natK)n is required. It is my responsibilty to.. examine the a(wunis under sectK>n 145 of the Charities Ad. to follow the procedures laid d(yn in the Generdl Diredions given by the Charity Commission (under section 145 {5Mb) of the Charthes Act, and to sLgte vhther parbolar matters have o)me lo my attentK?n. Basls of the independent examinerfs report My examinthon was carried out in accordance wth the General Diredions given by the Charity Commission. An examination irdudes a review of the accounting records kept by the charrty and a rA)mparison of the accounts presented with those records. It also indudes consKleration of any unusual items or disdosures in the acunts, and seeking expLqnthons from the trustees concerning any such matters. The procedures undertaken do not provide all the evder that would be required in an audit, and nSequentlY no opinion is gNen as to whether the &u)unts FKesent a 1rue aNI fair vie and the report is limtted to those matters sel in the statement below. Independent examiners ststsment In connection with my examination. fftter has o)me to my attenknn: 1. which gives me reascffb1e cause to bdieve that, in any matenal respe(a, the requirem8nts.' a. to keep accountiTrJ reccxds in acc%)rdce Vith Sed1 386 and 387 of the CrAnpanies A 2006, and b. to prepare accounts t)ith accord with the accwnting records, Lxjmply wth the accounb'ng requirements (A seclion 394 395 of the C(xnpanies Act 2006 and wtth Ihe methods and principles of the Statement of Rec<xmmended Pr•kn.' Acccwnting and Reporting by Charrties have nol been met., or 2. to which. in my oFinion. attention should be drathm in orderto enable a proper understanding the aOunt$ to be reathed. Date.. ?3-11-ZS Name". Stephen Leonard BA, FCCA Counting for Communities Lld 16 Holm4w¢)J Drive Liverpool L37 1PQ
GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For the Year Ended 31 March 2025
| Note INCOMING RESOURCES Incoming & endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investments 5 Total income RESOURCES EXPENDED Raising funds Charitable activities 6 Total expenditure 7 Net income / (expenditure) for the year before transfers Transfer between funds Net income / (expenditure) for the year RECONCILIATION OF FUNDS Total funds brought forward 13 TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted funds £ 1,281 25,730 - 1,797 28,808 - 36,875 36,875 (8,067) (3,965) (12,032) 114,508 102,476 |
2025 Restricted funds £ 23,433 - - - 23,433 - 25,312 25,312 (1,879) 3,965 2,086 46,725 48,811 |
2025 2024 Total Total funds funds £ £ 24,714 28,321 25,730 23,723 - - 1,797 820 52,241 52,864 - - 62,187 53,452 62,187 53,452 (9,946) (588) - - (9,946) (588) 161,233 161,821 151,287 161,233 |
|---|---|---|---|
There are no recognised gains or losses other than the net movement in funds for the above two financial years. All incoming resources and resources expended derive from continuing activities.
The notes form part of these financial statements
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GREASBY COMMUNTIY ASSOCIATION (Limited by Guarantee) BALANCE SHEET At 31 March 2025 Registration Number: 07723033
| 2025 | 2025 | 2025 | 2024 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Note | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 8 | 8,985 | - | 8,985 | 15,561 |
| CURRENT ASSETS | |||||
| Debtors | 9 | 337 | - | 337 | 99 |
| Cash at bank and in hand | 10 | 93,504 | 48,811 | 142,315 | 147,146 |
| 93,841 | 48,811 | 142,652 | 147,245 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 11 | (350) | - | (350) | (1,573) |
| NET CURRENT ASSETS | 93,491 | 48,811 | 142,302 | 145,672 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
TOTAL ASSETS LESS CURRENT | 102,476 | 48,811 | 151,287 | 161,233 |
| FUNDS | 12 | ||||
| Unrestricted funds | 102,476 | 114,508 | |||
| Restricted funds | 48,811 | 46,725 | |||
| TOTAL FUNDS | 151,287 | 161,233 |
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts.
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the Board of Trustees and signed on its behalf by:
………………………………………… …………19/11/2025………………..………… Wendy Clements (Chair of Trustees) Date
The notes form part of these financial statements
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Accounting convention
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared under the historical cost convention, the Companies Act 2006, the Charities Act 2011 and ‘Accounting and Reporting by Charities: Statement of Recommended Practice for Charities’ 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 charity has taken advantage of the disclosure exemption in preparing these financial statements, as permitted by FRS 102, the requirements of Section 7 Statement of Cash Flows .
The accounts are prepared in sterling, which is the functional currency of the charity and monetary amounts in these financial statements are rounded to the nearest £.
Going Concern
At the time of approving the accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Income
Incoming recognition
All incoming resources are included on the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA
Grants and Donations
Grants and donations are only included in the SoFA when the Charity has unconditional entitlement to the resource.
Contractual Income and Performance Related Grants
This is only included in the SoFA once the related goods or services have been delivered.
Volunteer Help
The value of any voluntary help received is not included in the accounts.
Investment Income
This is included in the accounts when receivable.
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure.
Governance Costs
These include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For the Year Ended 31 March 2025
Grants and Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specific service or output.
Grants payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity
Fixed assets for use by the Charity
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. The following rates and methods are used:
Freehold land and buildings - 2% straight line Fixtures and fittings - 10% to 20% straight line IT - 20% straight line
All equipment, fixtures and fittings with an original cost of less than £500, are written off in the year in which the expenditure was incurred on the basis that due to the nature of the company’s activities, there is no expectation that the cost of the assets will be recovered in the way of future revenues.
Taxation
The charity is exempt from corporation tax on its charitable activities and is not registered for VAT. As a registered charity the company benefits from rates relief.
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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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For the Year Ended 31 March 2025
| Note 2 Donations and legacies Wirral Council Various restricted donations Donations 3 Charitable activities Room Hire 4 Other trading activities Other trading activities 5 Investments |
2025 Unrestricted £ - - 1,281 1,281 2025 Unrestricted £ 25,730 25,730 2025 Unrestricted £ - - 2025 Unrestricted £ |
2025 Restricted £ - 23,433 - 23,433 2025 Restricted £ - - 2025 Restricted £ - - 2025 Restricted £ |
2025 Total £ - 23,433 1,281 24,714 2025 Total £ 25,730 25,730 2025 Total £ - - 2025 Total £ |
2024 Total £ 480 26,779 1,062 |
|---|---|---|---|---|
| 28,321 | ||||
| 2024 Total £ 23,723 |
||||
| 23,723 | ||||
| 2024 Total £ - |
||||
| - | ||||
| 2024 Total £ |
||||
| Bank interest receivable | 1,797 | - | 1,797 | 820 |
| 1,797 | - | 1,797 | 820 |
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For the Year Ended 31 March 2025
| 2025 | 2025 | 2025 | 2024 | ||
|---|---|---|---|---|---|
| Note | Unrestricted | Restricted | Total | Total | |
| 6 | Resources Expended | £ | £ | £ | £ |
| Charitable activities | |||||
| Support & Governance costs | |||||
| Staff costs | 12,694 | - | 12,694 | 9,596 | |
| Payroll costs | 523 | - | 523 | 434 | |
| Utilities | 6,735 | - | 6,735 | 6,838 | |
| Insurance | 3,575 | - | 3,575 | 3,697 | |
| PRS Music | 81 | - | 81 | 77 | |
| Maintenance & cleaning | 5,638 | - | 5,638 | 3,283 | |
| Other support costs | 218 | - | 218 | 167 | |
| Depreciation | 6,394 | 182 | 6,576 | 6,827 | |
| Governance Costs - see below | 1,017 | - | 1,017 | 1,095 | |
| 36,875 | 182 | 37,057 | 32,014 | ||
| Direct Charitable Expenditure | |||||
| Charitable activities | - | 25,130 | 25,130 | 21,438 | |
| 36,875 | 25,312 | 62,187 | 53,452 | ||
| Included in Governance costs | |||||
| Independent examiner's fees | 350 | - | 350 | 325 | |
| Legal fees | 667 | - | 667 | 770 | |
| 1,017 | - | 1,017 | 1,095 | ||
| 2025 | 2024 | ||||
| 7 | Staff Costs and Employees | £ | £ | ||
| Wages and salaries | 12,694 | 9,596 | |||
| Social security costs | - | - | |||
| 12,694 | 9,596 | ||||
| No employee earned £60,000 or more during the year (nor the | previous year) | ||||
| 2025 | 2024 | ||||
| The average number of employees | during the year was : | 5 | 4 |
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For the Year Ended 31 March 2025
| Note 8 Fixed Assets Cost At 1 April 2024 Disposals Additions At 31 March 2025 Depreciation At 1 April 2024 On Disposals Charge for year At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024 |
||||
|---|---|---|---|---|
| Fixtures & Fittings | ||||
| Restricted £ 1,807 - - 1,807 1,625 - 182 1,807 - 182 |
Unrestricted £ 37,582 - - 37,582 22,203 - 6,394 28,597 8,985 15,379 |
Total £ 39,389 - - |
||
| 39,389 | ||||
| 23,828 - 6,576 |
||||
| 30,404 | ||||
| 8,985 15,561 |
||||
| 9 Debtors Prepayments & accrued deposit interest 10 Cash at bank and in hand Current Account Deposit Account |
2025 £ 337 337 2025 £ 45,938 76,377 |
2024 £ 99 |
||
| 99 | ||||
| 2024 £ 51,605 75,541 |
||||
| 1 year bond | 20,000 | 20,000 | ||
| 11 Creditors : amounts falling due within one year Accruals |
142,315 2025 £ 350 350 |
147,146 | ||
| 2024 £ 1,573 |
||||
| 1,573 |
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GREASBY COMMUNITY ASSOCIATION (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For the Year Ended 31 March 2025
Note
| ote | ||||||
|---|---|---|---|---|---|---|
| 12 | Movement in Funds | Balance at | Balance at | |||
| 31 March | Incoming | Resources | Transfers | 31 March | ||
| 2024 | Resources | Expended | In / (Out) | 2025 | ||
| Unrestricted Funds | £ | £ | £ | £ | £ | |
| General Fund | 114,508 | 28,808 | (36,875) | (3,965) | 102,476 | |
| 114,508 | 28,808 | (36,875) | (3,965) | 102,476 | ||
| Restricted Funds | ||||||
| Community Activities | 1,379 | 8 | (1,514) | 127 | - | |
| Green and Blooming Greasby | 6,465 | 911 | (3,484) | (808) | 3,084 | |
| Light up Greasby | 11,555 | 15,447 | (17,440) | 160 | 9,722 | |
| Children's Centre | 28,659 | 3,966 | (419) | - | 32,206 | |
| Greasby Day | (1,817) | 3,101 | (2,455) | 4,486 | 3,315 | |
| I Love Greasby | 484 | - | - | - | 484 | |
| 46,725 | 23,433 | (25,312) | 3,965 | 48,811 | ||
| Total Funds | 161,233 | 52,241 | (62,187) | - | 151,287 |
13 Trustees' Remuneration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024
14 Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024
15 Capital Commitments
The company had no capital commitments at 31 March 2025 (2024: None) either contracted for or authorised by the directors but not contracted for.
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