Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INDEX Page Legal and Administrative Information Report of the Directors Independent Examinerfs Report Statement of Financial Activities 10 Balance Sheet 11 Accounting Policies 12 Notes to the Accounts 13-15
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 1 Company Number: 8391210 Registered Charity Number: 1151292 Board of Directors: Mr A.R. Skinner- Financial Director Mr M.E.J. Brown Ms R. Smith Miss G.L. Lewis Chairperson resigned 25th March 2024 Ms M Burchart from 15th November 2024 to P Feb 25 Mr C.E. Featley from 2nd June 2025 Company Secretary: Mr A. R. Skinner Registered Office: 2 Wheaffield Road South Northampton NN3 2HH Independent examiner: Culpeck Hysom Ltd 10 Woodhall Close Northampton NN4 9UB Bankers: Co-operative Bank PLC PO Box 250 Skelmersdale WN86 Solicitors: Tollers LLP 1 , Waterside Way Bedford Road Northampton NN4 7XD
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 2 The Board of Trustees has pleasure in presenting this report and financial statements for the year ended 31 March 2025. STRUCTURE, GOVERNANCE AND MANAGEMENT The unincorporated organisation was originally formed in 1949 and operated in accordance with a constitution, which was last renewed on 14th January 1998. The Incorporated Association of the same name which was formed as a Company limited by guarantee No 8391210 on 6th February 2013 registered in England and Wales at 2, Vvhearfield Road South and registered as Charity No 1151292 on 19th March 2013 took over all the assets and liabilities of the unincorporated Association with effect from 1 St April 2013. The Association's Board are the Charity Trustees. A list of the Trustee'slDirectors and their positions and periods of service during the financial year appears on Page 1 Trustees are sought by nomination partly from the Associations sections (or groups) and affiliated organisations, partly from the users of the Centre and by invitation to suitable applicants to fills skill gaps. The board may co-opt directors subject to vacancies which are formally confirmed at subsequent AGM'S. Board Trustee meetings are normally held bi-monthly on-line, beeen m*tings day-to-day decisions are delegated to the Manger or Officers, in particular the Chairperson or Secretary, but in general all major decisions are taken by the Board. The reduced size of the TrusteeslBoard of Directors as it finds itself presents problems and potential risks, especially in terms of a business development plan for future security. Engaging the requisite skill set to come on to the Board to address the shortfall is a challenge common to many organisations of our size and intent. Succession planning is a real problem going forward, particularly in the respect of the Company SecretarylFinancial Directorrrrustee's long experience in completing the many and necessary Statutory requirements. The Association has continued to manage Abington Community Centre, with help and guidance from the West Northamptonshire Unitary Council (WNC) the main related party and freehold owners of the building, in continuation with arrangements in force since the formation of the original Association in 1949. As part of the terms of our Management Agreements and Lease it was a requirement that the Association become incorporated in some form, and it was decided to become a Company Limited by Guarantee. The Company is responsible for the running of the Community Centre including all finance and maintenance of tFKe inside of the building. The Council is responsible for the outside maintenance of the building. Risk management considerations have so far been restricted to those that can be insured for., financially the Association would be covered for fire and theft etc. However, the loss of the building would be a serious problem to the Association should it ever occur, and it was for that reason that previous Officers and Members built up a substantial reserve of funds with the intention of investing those monies in new buildings when available. The lease provides for 30 years of security, but it is now already 13 years spent and there are conditions to be met in the Management Agreement to retain low rents, and thus ensuring effective financial viability.
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 3 In March 2020 a General Meeting was held to amend the Articles of Association of the Company in respect of Membership. Persons from outside the Area of Benefit (Abington) can no longer be members, {unless they are Board Members) and a new category of voting members for General Meetings was established for elected representstives of Centre Sections. The change was duly confinned by the Companies Registrar and the Charities Commission AIMS AND OBJECTIVES The Objects of the Association are to provide to the people of Abington and the neighbourhood in an all-inclusive way, with the help of local inhabitants and authorities and other organisations to maintain a welcoming place for activities of a social, educational or leisure time nature, and to improve their conditions of life. The Association provides rooms for activities to take pla in. In some instances, the Association runs the activities itself, or via a Group of Members (a Section), or via Other Group or Individuals to use. It organises social activities and runs a catering facility (associated with users only). The Association directly runs social events on an occasional basis. The Associations Groups (or Centre Sections) run a Monday Aftemoon Art Group, a Monday Evening Camera Club, a Monday and Wednesday Evening Table Tennis Group, a Tuesday and Thursday Morning Tigers & Cubs Childminders temi time Group, a Tuesday Lunchtime Over 50,5 Keep Ftt Group. a Wednesday Afternoon Bowls Group, a Friday Morning Home Education Support Group and a term time Youth Group on a Friday earfy evening, all meeting weekly except as indicated and subject to differing out of season arrangements when some Groups do not meet. The normal regular hirers include, Christ Apostolic Church was (New Testament Assembly) now (Hisway of Holiness) on a Sunday Morning, Christ Apostolic Church (International) also on a Sunday Morning, End Time Revival Ministries on Sunday Lunchtimes, Holy Ghost Zone-youth Group on Sunday Afternoons. a Fellowship Cell Meeting also on Sunday Aftemoons, then Mr Stoika's Romanian Church on Sunday Nights and also Thursday Nights, a House of Revelation Church Youth Group on a Monday, Wednesday and Friday Night, a Fashion & Textile Group meets on a Tuesday Afternoon (currently on maternity break). The Love Word Church, Higher Life Group holds a Prayer meeting on Tuesday nights, Affinity Dog Training on Tuesday and Thursday Evenings, a Japanese Rope Art Class on one Tuesday and one Thursday Evenings per month an Animal Focused Term Time Group Wednesday and Friday Morning, a Karate Class through Paul Gannon on a Thursday Afternoon and Saturday Morning, a Living Well Diabetes Prevention Programme on Friday mornings, a Pilates class also on a Friday morning, a Mission for Christ Seniice on the 2nd Friday afternoon Milton Keynes Christian Fellowship on the 3rd Saturday Evening, Gethsemane Presbyterian Church Meet on occasional Saturday Evenings. Other bookings include CCOM on Sundays on an occasional basis, and also the occasional Dance Practice Training sessions for various organisations on a weekday including Genius Tuition in holiday periods and Fresh Start in Education have a considerable number of sessions during term times. In addition, Weddings, Birthdqy Parties. Baby Showers etc. take place on an individual basis throughout the year. mainly on Saturdays. A lot of spare capacity does exist. however, with the arrival of new hirers. some blocks are now well filled particularly on Sunday's, and we are doing well in the moming sessions which were once our quieter times.
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 4 A part time Manager, Caretaker, Cleaner x2, Finance Assistant and Administrator are now employed, however much of the activities undertaken by the Association are of a voluntary nature. The Association needs to thank the many volunteers, including TrusteeslDirectors in other capacities, who by their efforts make a substantial but unquantifiable contribution to the running of the Association, much of the Associations success has been due to their efforts. Section numbers have partly stabilized following a downhill trend with several deaths of section members, but the additions of some new Centre Groupslsections have helped. The age profile is still heavily skewed to the retired age group that puts a strain on the organisation and is causing a potential problem with volunteers to keep the Centre going leading to the recruitment of our existing employees. The Trustees have taken the decision that hires involving Alcohol will not normally be allowed. ACHIEVEMENTS FOR THE YEAR The main achievement for the year is the continued survival of the Association. this year has seen the first true surplus for many years this has been achieved because of past use of some of our Reserves and because of the previous Government Grants given to cover costs during the Covid period. The above nominal list of activities means that the Community Centre has a potentially healthy number of activities. This list has slowly built up over the past few years, with several changes on the way and represents the bookings we now have in September 2025, bookings were however very slow to pick up following the Covid crisis hence the need to use some of our Reserves . Due to the part time nature of our staff, securtty systems have been fitted which allows users aCsS with a key fob or code during the nominally open periods and allows them to admit visitors from the main function rooms without having to go to the front door which we require to remain locked to maintain security within the building. We have received funds from Happy to Help through Northamptonshire Homes to help run our Youth and Over 50's Keep Fit sections, also substantial additional funding through Nationwide Building Society for our Events programme, with a focus on "Know Your Neighbour"in particular and support to our Home Education Group. Support from National Grid for Community Matters STEM-spiration sessions with Professor Ham. Northamptonshire Sport assisted out Table Tennis section by sponsoring Olympic Open House Sessions and further funding from Northampton Town Council for our Youth Group. We have in the past financial year had physical assistan from B&Q who have painted on our Briton Terrace frontage a welcoming montage based on our house ident. In addition, they have SprUd up our garden area and provided us with various plants. As a result of complaints from our neighbours about noise we have interacted with the Noise team of the Environmental Heah section of West Northamptonshire Council. Their advice was to fit noise limiters to the New Hall and Ralph Skinner Rooms, such that the power goes off when noise is generated above 75 decibels. These were fitted in March and are now working, which has resulted is less complaints
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 5 We have continued to maintain and keep the inside of the building a welcoming place, but on a reduced cost basis compared to previous years This year, there has been less incidences of vandalism. Some problems have been caused by a few youths a¢sSIng rooms, and particularly to the ceiling in the New Hall. In addition, some youths have continued to access the roof of the building this has been possible because a fence.to the rear of the building is relatively low and can be used to access the roof, external works are the prerogative of the Council but limited works to the neighbourfs fence appear to have mitigated some of the problems. As a result of the adjoining lands on the northern and westem perimeters to the building having been redeveloped for housing, we lost the car parking we had and are now left with on street parking only. This has caused potential hirers to not book or not to renew a booking and can cause problems when we have a lot of occupants. We have requested the Council to provide some parking bays to formalise the situation outside the building so far without a solution. The former County Council were willing to consider it, but only if we fInand the work at considerable expense. We continue to liaise with residents and our new Councillors to minimise the problems, however real solutions are not under our control. Our user groups have changed a lot since Covid. and we have seen a growth in bookings, particularly in the daytime, this may be partly arising from our website and promotions. However, many enquirers have we believe been put off from using the facilities due to the non-availability of off-street Parking. Despite a significant number of enquiries, we cannot help them all and thus they do not all result in new bookings. FINANCIAL REVIEW On the 1st April 2013 the assets of the Old Association were transferred to the Company and showed a heaEthy unrestricted start up position of £109,209. In recent years the sustainability of the Association has been in doubt, we have addressing this by attempting to increase the current occupancy rate and seeking other SoUrS of funding. We restructured and increased the rates of hire from 1st April 2021 and increased the rates further in April 2023 and April 2024. The financial position has been that although we have needed to use our reserves, this has been on a declining basis assisted by limiting repairs and making use of grants wherever possible. In 2023124 we also reduced our employees by deletion of the Events Co-ordinatorfs post to keep our employees, costs at a minimum. Users have post Covid largely returned, but in the meantime, we do have sufficient Reserves to carry us through, and we plan to make more use of Grant Aid in future. To this purpose we have previously added a post of Finance & Fundraising Officer, to be able to conntrate on such claims for us. After twelve years of operation by the company the financial position is reasonably healthy however the trend has previously been for outgoings to exceed incomes thus, we have had to use up some our resees, this being the first year to break even.
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 6 RESERVES POLICY The Trustees Reserves Policy includes three months running costs and provision to cover the fitting out, refurbishment and Maintenan of the building. A substantial part of this reserve is set aside against future deterioration of the 1930's element of the existing building which has been improved, but de-facto remains a temporary building from that time. FUTURE PLANS Plans for re-development of at least part of the buildings have not been pursued, but some minor modifications have been carried out. All that had previously been anticipated in the way of r&building came to nothing. Little in the way of long-term planning had been made other than to try and increase use of our facilities to make them more robust and sustainable. We are continuing to maintain what we can inside the building, using the funds built up. As part of the new arrangements, we were required to produce a business plan, which contained proposals for more marketing and community development with a view to further increasing the use of the building. We have adjusted our employee base all of which are on a part time basis the full time equivalent of which is 1.8 persons based on a 35-hour week at the end of the year. As a result of the loss of VVNC'S Community Centre Forum we no longer meet with other Community Centres This has in the past allowed us to share best practice and discuss mutual co-operation in the sector locally and adjust some of our contract arrangements to reduce costs. It has also allowed us to investigate other Grant funding opportunities, so far wtth only limited success. The TrusteeslBoard had been in discussion with the Friends of Abington Library as to how we can help with the transfer of that Library to a Community Managed Library. A business case had been agreed, but then all came to a stop with the covid-19 problems. Due to the reduction, we believed we were facing in our Reserves, and the likely ongoing cost, we have withdrawn from further involvement, given our financial situation. The Friends still have access to the building are in direct discussions with West Northamptonshire Council and are successfully managing it as a Community Library PUBLIC BENEFIT The main Public Benefit is to the citizens of Northampton, and in particular the inhabitants of the Abington EstatelHeadlands Ward in providing them with facilities to perform various activities. Typical of the use of the facility is the list of activities described above. Additional specific examples are by making rooms avaftable to selected groups at no charge, where applicable, and reduced rental has been specifically agreed for various sessions, other Charities, and occasional fund-raising events by individuals. or organisations for other charities for example National Citizens Service.
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 7 OTHER INFORMATION Thanks to one of our former trustees the Association has renewed the main Website on the Internet. The most up to date Website is www.abingtoncc.co.uk. Most of our enquiries are through the Website but also Email or phone. We also have a Facebook address which is Abingtoncc, which is growing in followers, and an Instagram account. This report was approved by the Board of Directors on 29th September 2025. and signed on their behalf by: A.R Skinner Company Secretary
Northampton Abington Community Association (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 8 The Board of Directorsrrrustees is responsible for Preparing financial statements for each financial year which give a true and fair view of the state of affairs of the Company at the end of the year and of the surplus or deficiency for the year then ended. Selecting suitable accounting policies (as described on page 11) and then applying them on a consistent basis, making judgements and estimates that are prudent and reasonable. Preparing the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. Keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and to enable it to ensure that the financial statements comply wrth the Companies Act 2006 Safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Confirming that the financial statements comply with current statutory requirements, the requirements of the charity's governing documents and the requirements of statement of Recommended Practice for Charities 2005. Confirming that reference has been made to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Aims and Objectives and in planning future activities, and in particular that Èt has complied with the duty in Section 4 of the Charities Act 2011. Considering how planned activities will contribute to the Aims and Objectives.
Page 9 Independent Examiners Report to the Trustees of: NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION Registered Charity Number: 1151292 st I report on the accounts of the company for the year ended 31 March 2025, which are set out on the attached pages 10 to 15. Respective responsibilities of trustees and examiner .The trustees (who are the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 and that an independent examination is needed. Having satisfied myself that the charity if not subject to an audit under company law and is eligible for independent examination, it is my responsibility to.. Examine the accounts under section 145 of the Charities Act 2011 follow the procedures laid down in the general directions given by the Charity Commissioner (under section 145(5)(b) of the Charities Act 2011 State whether any particular matters have come to my attention. Basis of independent examiner's statements My examination was carried OLrt in accordan with the general Directions given by the Charity Commission. An Examination includes review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures of the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequentially no opinion is given as to whether the accounts present a "true and fair view" The report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that in any material respect, the requirements: to keep counting records in accordance with section 386 of the Companies Act 2006,. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met, or 2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Ileana Culpeck MAAT Director of Culpeck Hysom Ltd Date
NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION (A Company Limited Sy Guatee) Page10 STATEMENT OF FINANCtAL ACTIVITrES FOR THE YEAR ENDED 31 MARCH 2025 Notss Unrestricted Restri¢ted Total 2025 Unrestri¢ted Restri¢ted Total 2024 Income 8nd endowments frorn: Donations and legacies CharitaNe Activities Investsnents Other Totsl income and 8ndowMents 1,440 80.863 1,571 12,743 8,034 14,183 88,897 1,578 96 73,096 1,340 2,988 7,719 3,083 80,815 1,345 20.784 104,658 74,532 10.711 85.243 Expgnditure on.. Raising Funds Chantable Actsvib"es Other Totsl Expellditure 78,442 18,528 96,970 80,176 11.185 91,361 78.442 18.528 91,361 Transfer between funds Net movem8nt in funds Total ndS brought forward hdd by GTOUPS Total lunds broughtf¢Md held by NACA 5,432 2,256 3,670 9.892 7,688 3,670 85.938 15.6441 14731 3,923 10,113 16,1181 3,923 91,803 76,046 81,690 Total funds carried forward All of the activrties ofthe Charitable Gompany are Glassed as continuing. Th*E are no nISd gains or losses other thèn those included in the Statement of Fan¢{al AGtivities shobvn above.
NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION Page 11 (A Company Limited By Guarnntee) BALANCE SHEET AS AT 31 MARCH 202S Compan Numbor. 08391210 Unrestrietéi Restrlcted Totsl 2025 Totsl 2024 ASSETS.. Fixed Assets T8ngibleAssets Current Assets Debtors Stocks Investments Cash atBank Cash in Hand Funds held byGroups 9.692 9.692 12.663 5,510 520 57,774 17,452 125 5,S10 520 62,349 24.781 125 3,934 97,200 5,054 470 60,957 12.767 125 3,670 83,043 4,575 7.309 3,934 15,818 81,381 Credltors Amountslalungdue w41hln oneyear 9,594 9.594 9,594 9.594 6,098 6,098 N•t Current Aets 71,787 15,818 87,606 76.945 NET ASSETS FUNDS unrnstriCt Restrlcted 2025 2024 Uniestri¢ted General Designated 73,979 7,500 81,479 73.979 7,500 81,479 15.818 7.500 76,046 13,563 Restrfcted 15,818 Forthe yearending 3181 Phah 2025. the company was entrfled to exgmplion from audit under section 477of the GomparJiesAct 20Q6. The directth3 acknowledge t1[[eSl$lb1llts for {1? the members have not qUIPdte ¢omp8ny to obtain an audit of ts accounts forthe yearin quest in accordance Secti( 476. (lij the directors acknO%edge theirresponsitrlitw forC0mp" with the requirèments of the Act wrfh r8spect to aGWUnting records and th8 ParatiOn ofawounts. (INI? these accounts have been ppared in th Ihepmvigons appltsble to companies subied to the smallcompanw'regAme. The accounts have been prepared irj accordancè t the speclalprovtsnS relafvng to small companlès within the Companies Act 2006. Approvea bythe Dlrectorsa5 awritten resoiijdon and slgned ontheirbehalf. AR STrner CompanySecretarylFlnanclal Dlrector Oate.. The noteson pages 12- 15 fo pdrtOtthesenant1alSlatefflents.
NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION (A CompanyLimited 8y Guarantee) Pagè 12 PRINCIPAL ACCOUNTING POLICIES FOR THE YEAR ENDED 31 MARCH 2025 Thefinancialstatements of the Chèritable Cotnpany,whlch Is a pubbc belleliteatity under FR5102, have been prepare underihe hi5torl¢alcostconventlon In a¢cordan¢ewlththe CompanlesAct2006, and thestatementof Recommende(J PiacticeSORP IFRS1021 Issued on istOctOber2019. appticabie UKAccOunngsanda[(Is andtheCharitlesA¢t2011. Forn)at Thecompanyhas taken advantageofthe provision5 ofthe CompanlesAtt2006 and presented an incomeand expenoiture actountlnthe lorm of a Sratementof Financl8lAcnvldes on the groundsaccountinthat kenables theflnancial 5t8tements toshowa t5uean(tfa1rleWDI the resultffortheyeer. Flxed Assèts Depreciation 1s¢£18ted tolled0n thecosro1alltanoblÈfe(fasSets. Thedepreclation Iscaicuiateda5 20%per énnum, 5tratght line method. Shortitfe assets over2year$ Stocks Any5tocks of Cleanlng mateiiaisand Ststioneryheld aiewdiuedatCOSL InmIng Resources Income Is broughtlnto accounton a recewable bas15. Investment Incorne IntestIS brougthtlnto accwnton a recewabie ba51S. Gifts In Klnd and Oonated SeThlces and Facilltles Gtits in kind, donatedfa¢iliUe$ and wluntaryhelp. are not Included intheflnanclalstatementsslncp r(Is not onsidered practic31toqu3ntlfysu¢h income. Resources Expen(l•d Expendiwre15 Statsd inclusiveofvalue addedtax, £nd brvughtlnknaccountlnthe yearifi whlch itls due. Group Funds Group Fundszre Inciudeil In the Cons0dated accoutts. Asallfun(Jsreiate tospecffjc groupstheyare ¢sIdered to berestncted. Deslgnated Fund8 Designatedfund5-these arefunds5etaSlOe bythetrusteesoutof unre5tActed ftjnds lorspeclflcfuture purposes orpiojects The QUentIeseIYe policyisto maintain suffitientC8Shfiowfor known commitments. andthereplacetTrent olcertaln assets. Risk Tre DirectorslBo3r(SolTru5teesdoftotbeUevetheorgani5atlon is sublecito anysubstantialriskbeyond those disclosed in theAnnual Reportand Accounis. The organisadon ha5 Insurancetoprotecttt In the caseof a claim.
NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION (A Company LimrtEd By Guatsntee) P8ge 13 NOTES TO THE AccouKrs Unrèstricted Restrictod Totsl 2025 Total 2024 Note 1 Charitablo Actlvltt8S Storage Subscriptions Other Social Everrt5 0ub.ngs Rwm Hires Sundry Income GrouplSeGb"on Income Canteen RIptS 2,004 2,004 520 25 168 137 137 77,821 202 77,821 202 8.034 693 71,631 183 7,719 569 8,034 693 Note 2 Charitabl8 Activities Employment Costs Printing, Postage, Stationery Télephones Subscriptions tlon8b.ons and PSentationS Rates and Water Rates Gas Heating and Electricty Marketing, & Publicity Insuran Leasehold Rent Repatrs and Renewals Cleaning Expenses Outings Soox& Events Gi()uplSection Expense5 Sundry Expenses cant Purchas&8 Governance Costs General expenses- lind payroll ch8rgesl Professional Fees Independent Examination IProfit}ILoss on distxjsal of fixed 8&8ets Depreciation 43,414 570 1,614 558 2,304 10.494 226 170 43,584 570 1,614 558 2,304 10.494 226 963 240 5,854 3.447 43,582 702 1,319 978 2,322 10,579 665 910 240 5,539 3,678 240 5,854 3,447 1,130 1,130 7,989 10.621 424 1,642 8,840 2.491 381 7,989 10,369 252 424 880 880 1,043 53 420 1161 5,993 378 378 5.694 5.694 Nota 3 Employmènt Costs Gross Salaries Matumty Pay RVered from HMRC Employer N I Employer Pension DBS CheeJ(s Travel Training 44,974 11,903} t70 45,144 {1.9031 43,359 330 330 218 13 13 170 The¥e are no employee5 tEing paid ir> eX$S of £60,000 w annurn. The average number of empbyees by head count during the year was 612024".61. Key Management personnel in the year were Directors/Trustees no remuneratiors was pa.
NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION (A Company Limited 8y Gu8ntee) Pagè 14 NOTES TO THE ACCOUNTS Note 4 Tangible Assèts FurnltuTr & Equipm&nt Total 2025 Total 2024 Cost Brought forward Additions during yeai Disposal 70.865 2,722 6,989 66,598 70,865 2,722 6.989 66,598 79,735 8.270 70.86$ Depreclation Brought forward Ch2rge during the year Disposals 58,202 5,693 6,989 56.906 58,202 5.693 6.989 56,906 60,391 5,993 8,1821 58,202 Net Book value Balance a131.03.25 Balar 8t 31.03.24 2025 2024 Note S Debtors Rents in arrears Payments in advance ActtLsed Income HMRC 2,251 2.207 1,052 1,495 2.117 1,425 Unrestrict8d Restrictgd 2025 2024 Note 6 Investments National Savings Bank Market Harborough Buil¢Jing SoetY Virgin Money 684 56,653 5,012 677 55,288 5.012 52,762 5,012 3,891 2025 2024 Note 7 Creditors Amounts lalling due in one year. Deposits Held Accruals HMRC Maternity Pre-Payment 11.3461 13,6851 12,0261 2.537 11,9731 12.7251 11,4001
NORTHAMPTON ABINGTON COMMUNITY ASSOCIATION Pagg 1S (A Gompany Limited By Gu8rdnteo) NOTES TO THE ACCOUNTS Note 8 Designatèd Funds Designated funds are funds set aside by the truste¢3 out of unrestricted funds for a specthc purpose. Balance Ilov•sment Movernent Out Transfer Balath¢e 31.03.26 31.0$24 Building refvrbishmenl prov1sion West Northants Council (iwn the building. but fitb.ng out the building for use is the reswnsib"Jlity of the NACA. The building fund has ten designated by the trustees to cover fitb.ng out any new buildirKJ or if the expeoted development d5 not take place refurbish the Old building. Nota 9 . Restricted Funds Tr4n6fer Balance 31.03.25 31.03.24 Out Group51Sèctions figers & Cubs Childminding Group Craft Group Over 55,5 T8ble Tennis Fund Railway Group Fund Youth Group Fund Mums & Tots Playgroup Folk Dancers Bovls Group Fund Sunny Smiles Camera Club Home EdLscation Friday$ Over 50's Keep Fit Art Group other Funds & Funders Xmas Day Fund Hope Centre Happy to Help IN'shire Homes) Northampton Town Counal Nationwdé Building Society National Grid Community Matters Northamptonshire Sport Peak Enpower". Garden Grant WPD Community Matters 92 13 297 1,121 23 151 958 11,0071 43 13 297 1,360 23 233 1,846 11.6071 365 12841 51 3,411 32 2,156 51 3.240 32 2,069 915 11,0861 843 120 2,570 418 {9301 11201 12,5361 14201 130 256 164 254 677 19451 12861 11,1931 15,7141 11.9751 14261 615 New 572 250 9,520 1,975 426 2,303 1,360 3.806 Ne New Ne 280 1,001 1.001 Held by NACA for Groups Funds held by Groups 9,892 3.670 11,884 3,934 Hope Centre grant is for their Grow, CoDk, Eat Scheme. Happy to Help (N'shire Homes) are Grants to 5UPtK)rt Sections. Northampton Town Counol grants are for sgnsory equipment1£339 remains unspent during thi$ yesrl and lor events Iblf £1,963 and spent £1.1931, and new this year a support grant for our Youth Group1£2501. NationKryde Building Souety is for 8 programme of Events, Induding"Know your Neighbours" Nation81 Grid Community Matters was for'stem" Activities for local ehildren. North8mptonshire Stort was for Open Table Tennis Aotsvilies during the Olympics. Peak EnWer grant Is to create a garden area. WPD Community Matters is for summer c(M)king Crse5. Note 10 Trustees During the year the trustees received no remuneration. The totsl expenditure reirnbursed to trustees amounted to £1412024'.£511 Note q1 Operating Lease Commttments On 30th March 2012 Northampton Abington Communi Asso¢iation entered into a 30 year lease agreement with Northampton Borough Cour)cil wth an annual p8yment ol £240 Not& 12 ultimate Controlling Party The charity is under the ultimate control of its trust, vhose n8me$ are listed in the Annual ReporL Note 13 Related Party Transactions Related party entries include any payments to Northampton Tts¥ Council gnd West Northants C()unal, as statutory membeis.