2026-03-31-accounts - Matterdale Community Association

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Charity No. 1151528

MATTERDALE COMMUNITY ASSOCIATION

FINANCIAL STATEMENTS YEAR ENDED 31[st] MARCH 2026


Trustees' Annual Report for the period
From	Period start date			To	Period end date
	01	04	2025		31	03	2026

Section A Reference and administration details

Charity name[MATTERDALE COMMUNITY ASSOCIATION ]

Registered charity number 1151528 Charity's principal address

East View Dockray Penrith CA11 0JY

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Veronica Gore	Chair
Patricia Parmer	Secretary	From 3/6/2025
Jane Newport	Treasurer	From 3/6/2025
Alison Ball
Simon Ball
Brian Clark
Peter Crofts
David Harrison
Anna Williams
Steve Williams
Paul Goodman		From 25/09/2025
Emma Bray		Stood down 3/6/2025
Mark Nixon	Treasurer to 3/6/2025	Stood down 3/6/2025

Section B Structure, governance and management

Description of the charity’s trusts

Constitution dated 15/1/13

Type of governing document How the charity is constituted

How the charity is constituted Charitable Incorporated Organisation Appointment by existing trustees or election at the AGM by members Trustee selection methods present.

Section C Objectives and activities

(1) To promote for the benefit of the inhabitants of Matterdale and adjacent Summary of the objects of the parishes without distinction of sex, sexual orientation, race or of political, charity set out in its religious or other opinions, by associating together the said inhabitants and governing document 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 and other leisure time occupations with the object of improving the conditions of life of the said inhabitants. (2) to establish or secure the establishment of a community centre (hereinafter called 'the centre') and to maintain and manage the same (whether alone or in co-operation with any local authority or person or body) in furtherance of these objects. (3) To advance education for the benefit of the public through the provision of educational grants to young people under the age of 25 who are resident in Matterdale with any funds that are not required for the maintenance or development of the property.

Summary of the main activities undertaken for the public benefit in relation to these objects	Public Benefit Trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit as activities have been planned and undertaken within the objects of the Matterdale Community Association during the period covered by this Trustees Report (April 2024 to May 2025). Please see the summary of the main activities in Section D below.

Section D Achievements and performance

Summary of the main achievements of the charity during the year

"the Business Case provided by MCA would allow it to run a replacement community centre if the community was behind the proposal." Once the business case had been approved by Matterdale Parish Council, Iruslees made the full details of the business case available to all residenls of Ihe Matterdale Valley (the area of benefit of MCA) via a hand delivered note with links to the full business case on the website. plus the option of receiving a hard copy. The Background and History of the Matterdale Community Association and the Matterdale Community Centre. For those who wish to know more of the background and history of the Community Centre in Matterdale, we altsch as an Appendix the text of Ihe report from MSF dated 2310112025, which is held on their websile regarding the history, details of previous consultations held wilh the community and the source of funds available. Keith Clark of Matterdale, on behalf of Matterdale Parish Council, was the key participant in the negotiations with Cumbria County Council over the ownership ofthe New School, which was envisaged as a community centre. He was also instrumental in bringing together a group of people to fomi the Matterdale Community Association whose task it would be to undertake the running of the centre as this was nol a job suited to the MPC. The Petition. Prior to the second presentation of the business case on 19 June 2025, a petition was widely circulated in Malterdale and Watermillock wards questioning the need for, and support for, the communily hall and requesting a 'community wide" consultation regarding the "best use of these funds . held by MSF, "in support of the MSF objects and for the beneficiaries and the communily" There has always been a minority of residents who opposed the establishment of the replacement community centre in Matterdale. The petitioners were a small group, some of whom had previously been strong supporters of a community centre in Malterdale. The petitioners aclively sel out lo persuade people lo their point of view, and in the view of the MCA trustees. they did this by means of a misleading and manipulative campaign, purporting to be asking for a consultation, but in fact designed to persuade people that a centre was not necessary. The petition oullined a number ofreasons why people should sign, most of which. in the view of MCA trustees. were inaccurate andlor unsubstantiated. These included misleading information on the funds held by MSF., the consultations held with the community about the replacement community cenlre,. the likely impacl on the local pub. the Church Meeting Room and Watermillock Village Hall,. the availability of

venues., the attendance at MCA organised events- and potential loss of land held by the MPC for the use of the parish. The petition was delivered, in person, to most residents (but not MCA Irustees, orthose known to support the community centre), and second- home owners of both Matterdale and Walermillock Wards. even though the prime beneficiaries of the MSF funds were only those with houses in Matterdale Ward. Rather than entering into genuine consultation and construclive discussion the MCA trustees felt thal the petilioners had acled with a lack of transparency in the circulation of a petition, allowing unfounded and unsubstantiated concerns to be spread among the community before they could otheiSe have been addressed propedy and factually. The petition was signed by 130 people and fomarded to MPC by the petition organisers. It was discussed by MPC, as trustee of MSF, at its meeting on 19 June. A number of the petition organising group also attended this MPC meeting when they asked further questions and made assertions which implied. incorrectly. that both MSF, and MCA had not always acted in good faith in laking the proposed replacement community centre fonmard. The matterwas further discussed at MPC meetings on 7 July 2025, and 1 September 2025. Meanwhile emails {not in the public domain), from the petition organisers to the signalories. included, in the view of MCA trustees, undermining and discrediting statements and speculations about MCA and its activities, the MCA business plan for the replacement centre, and likely failure of other local village halls, in particular Watermillock Village Hall, if the Matterdale Centre was built. MCA Trustees decided to respond to the petition with a factual information sheet, which Govered the revised proposal, including drawings, and gave a description of the wide range of activities il would accommodate. 11 also included information aboul the temporary and insecure nature of venues MCA was currently using to hold a restricted range of activities, and the plan to implement a more inclusive range of aclivities On Ihe centre was built. The informalion sheet was hand delivered to all households in Matterdale ward IMCA'S primary beneficiaries) which covers a similar geographical area to the Church Parish of Matterdale. The Poll. At its meeting on 5 November 2025 MPC. following the resignation of two existing councillors, co-opted two of the group who were known to have organised the petition, one of whom was also a trustee of Walemiillock Village Hall. Al the same meeting of the MPC it was decided that in response they would hold a poll of all households in the civil parish of Matterdale {which includes Watermillock Ward regardless of the fact Watermillock residents are not the beneficiaries of MSF funds) to ascertain whether members of the communily SUPPOrted either building a replacement community hall or setting up a trust fund

that would disperse grants out of any profits above inflation to meet the objects of MSF in other ways. The poll asked respondents to choose between two options Option l.. Building a new Community Centre." funds would be used from Matterdale School Foundation along wlth Parish Council funds and land. The community centre would be run by Matterdale Community Association who have agreed that we can share their business case with you. A copy can be found on the Matterdale Community Association Website, Matterdale Parish Council Website, or requested from the Clerk. Option 2.. A Trust Fund.. The funds fmm Matterdale School Foundation are invested and the returns above the rate of inflation are then made available to the community thmugh a grant awarding process. The exact criteria for awarding grants to be decided by Matterdale School Foundation so that they fit with their charitable objects if the decision is made to set up a trust fund. In the view of MCA trustees Option 1 was a fully worked up oplion wilh a substanlial and approved business case and Option 2 was vague and unclear and could be interpreted in many ways. Email from Watemiillock Village Hall committee. Once the poll was sent oul to residents, Watermillock Village Hall (WMVH) committee senl an email to all those on its mailing list, which included some residents of Matterdale Ward as well as Watermillock Ward. The email ststed, without any evidence, that the MCA business case was "overly optimistic" and thal a Malterdale Centre "could make il more difficult for both halls to remain financially sustainable in Ihe long term" The email also stated that previous cooperation between WMVH, MCA and MSF had ended due to a lack of response from MSF. This is not correct. The secretary of WMVH had previously confirmed in writing lo MCA trustees that'we have decided that we need to defer any action on a joint organisation". When asked lo correct the impression thal their email had created during the polling period WMVH and MPC both declined. The poll results. The results were.. In favour of a replacement community ntre.. 43 124.9%) overall,. 35 128.90/.I from Matterdale ward, 8 (150/0) from Walermillock ward. In favour of a Trusl fund.. 130175.1 % l overall., 86 {71.1 % ) from Matterdale ward, 44184.62 % ) from Watermillock ward. At its meeting on 5 January 2026 MPC, in its own right, and as trustee of MSF, decided not to proceed with building a replacement community hall, but to implement the trust fund and granls scheme option.

Members ofthe MPC who are also trustees ofwatermillock Village Hall did not declare any conflict of interest and were allowed to vote against a replacement community ntre for the Matterdale valley and ils community. Winding up MCA. Trustees viewed the poll resull as very disappointing, but not surprising given the nature of the campaign that had been waged against a replacement community centre. They were also not surprised by the decision made by MPC lo implement the Irusl fund and grants scheme. At the MCA trustees, meeting on 6 January 2026 the trustees considered how to proceed in the light of this decision. The objects of MCA when it was established were to provide community, educational and leisure activities for Matterdale valley and lo run and manage a communiiy centre in furtherance ofthese objects. The existing Matterdale Centre and accommodation. which had been earmarked for a community building, had been sold in 2016 by MPC acting in its role as trustee of MSF as it was advised that the building would be too costly to bring up to the necessary standards and that a new building would be affordable with the proceeds and would be Gheaper to run. The sale went forward on the understanding that the funds realised would be used for a replacement facility in the valley. The Lake Dislrict National Park planning authority only gave its planning consent for the existing Centre to become a dwelling, thus significantly increasing its value, on the understanding that a replacement ntre would be provided by MSF with the funds realised by the sale. Since that time MCA had been waiting for MPC to replace the community hall with the funds realised from the sale, and other funds which had been donaled lo MPC for the provision of a replacement hall. Over the 10 years which had passed, MCA ran events in the valley in venues that il could borrow with a view to keeping alive a community hub until it could have its own space and build up the events and activities to create a fully functioning community and educational space. Annual returns to the Charity Commission (CC) filed during this time outline the activities held and the progress with the replacement centre. Truslees decided at their meeting on 6 January 2026 thal, as a community hall was now not going to be buill, and given the results of the poll, the charity was no longer able to fulfil its objects in a way that reflected the will of its members and the community il was created to serve. They slarted the process towards winding up and dissolving the charity in line with the governing document and charity law. A special General Meeting of members was held on 24 February 2026 at which the following resolution was passed unanimously by those attending.

Resolution. To resolve to wind up and dissolve the Matterdale Commun Association, and to donate any remaining assets to the Friends of Matterdale Church to support the refurbishment of the Church Meeting Room for community activities. Trustees decided to donate any remaining assets to the Friends of Matterdale Church as it is an "excepted charity and ils aims in refurbishing its Church Meeting Room are to make it available to all in the Matterdale valley for community use. Since the resolution was passed Iruslees have been following the process to wind up the Charity, paying all debts, informing members and beneficiaries of the passing of the resolution, closing the website. disbursing its remaining assets, making the application to Charity Commission to wind up and notifying all members of the application. The application to the CC to wind up and dissolve the Chariiy was made on 12 April 2026. Trustees will await notification from the CC of the harity's closure which usually takes 3 months. Community Events. The Virtual Village Hall commiltee (VVHI, which is a sub-committee of MCA, organises and runs events and activilies for MCA. During this last year it has organised several regular events= a weekly outdoor fitness class held on the meadow of the Royal Hotel= a weekly badminton session at Watermillock Village Hall.. a monthly film club, a quarterly quiz, craft workshops, and a community film night. all held in the Studio at the Royal Hotel. One quiz was held as a fund raiser for a student from Matterdale who was seeking funds to help finance his participalion in the European Taekwondo team. Two steel pans groups continued to meet in a local bam and perfomed at two local events this year. (See below) The end of May saw a sold-out COnrt by a local folk band "Tatties Ankles" supported by "Muckle Spree" held in Matterdale Church and jointly organised with the Church. It was a fund raiser for improvements lo the Church and proved to be very popular. June saw the Big Green Week with verge surveys with the results sent to the Cumbria Bio-diversity Centre (CBDC), litter picks, a talk on regenerative gardening and a quiz at the Royal Hotel. In August Ihe'wooddisse Cup" Croquet tournamenl, ably organised as usual by Brian Clark, was held at Patterdale Croquet club. and was much enjoyed by all who attended. It was followed by refreshments in the Patterdale Church meeting room. Also in August a commemoration of the pea represented by VJ Day was held on the meadow at the Royal Hotel. Matterdale Steel Pan band performed two sets, various garden games were played and

participants ate their own picnics while buying drinks from the Royal Hotel bar. In December the Matterdale Steel Pan Band performed again at a sold out "Christmas concert with a calypso beat" held at Watermillock Village Hall. Members of the Matterdale nature group were invited to attend courses organised by the CBDC who had reiVed funding for a project entitled Improving Eco skills in Cumbria. There was a good representation on Ihe Introduction lo UKHAB course for habilal surveying, and the grasses, rushes and sedges identification courses. Following this we had a field practice day to consolidate skills. Other than this field work included compleling the survey of farmland at Thackthwaite. The digitisalion process has continued wilh Carla working on an interactive map to highlight habitat types. This has, over the past three years, been an innovative project in the valley with field surveys being conducted for the first time since the 1980's. The Oral History project continued through 2025126 with a lolal of 18 interviews being completed, 12 of which are now with the Carlisle Archive and 6 in progress. The project has met with great enthusiasm from those who have participated and has been a very worthwhile and informative experience for bolh inlerviewers and inlerviewees. A meel up was held in Septemberatthe Royal Hotel in Dockray, and those who had participated up until then were invited. This was well attended and enjoyed by all, and gave an opportunity for people to share their stories and experiences of the project. It is hoped that the project will continue into the coming year, and we can be very proud to have spearheaded such an engaging endeavour within the local community which will enable local residents to preserve their personal histories. Since the vote on winding up and dissolving the charity was made on 24 February MCA has organised no further events. 10

Appendix

MATTERDALE SCHOOL FOUNDATION.

Proposed Community Centre (and its recent history to 23rd January 2025)

Background

Matterdale had a village hall from the early 1900’s located in the Old School, which was owned by the County Council and rented to Matterdale Parish Council (MPC) on a yearly tenancy. The Old School was sold by the County Council in 2016 and MPC surrendered their tenancy in the expectation that the village hall could be located in the adjacent New School. The New School was owned by the Matterdale School Foundation (MSF), the trustee of which was the County Council until July 2015 when MPC became its sole trustee. MSF is an unincorporated charity (registered with the Charity Commission - No 526809). The New School closed as a school in the 1960’s and for many years was run as a field centre for school age children by a consortium of local schools. It too closed shortly after Foot and Mouth in 2001 and was then left empty for many years.

Following negotiations with the County Council Matterdale Parish Council became the corporate trustee of MSF in 2015. In 2017 MPC applied to the Lake District National Park (LDNP) for planning approval for a change of use of the hall part of the New School to a Community Centre. It was intended that the former teacher’s house should become the house for the caretaker of the proposed Community Centre.

The application was successful. However it became apparent that the estimated cost of converting its hall to a community facility and the head teacher’s house to a caretaker’s house far exceeded what might have been raised to pay for the conversion. MPC, in its role as trustee of MSF, therefore decided to sell the New School and use the proceeds to put towards a new build. MPC applied for planning consent for change of use to a single private dwelling assuring LDNP that the sale proceeds would allow for a new community facility to be built elsewhere. LDNP had given verbal advice in December 2015 that they would be unwilling to grant an application for change of use of the existing Community Centre to a single dwelling unless this application was concurrent with an application for re-siting the education and community facility. This was followed up by more formal written advice in July 2016 stating that “we would not support development that would result on the loss of this (community) use unless an alternative had been secured”.

In order to use the proceeds of the sale of the New School to build a replacement community facility, MSF applied to the Charity Commission to update its objects to include the provision of a community facility. Following an independent consultation (see below for details) showing that c70% of respondents supported the proposed

new objects, the Charity Commission agreed to updated objects which are now defined in the 16/01/2019 scheme.

MSF applied for planning approval for a replacement Education and Community Centre to be built on land owned by MPC (the Recreation Field) and this was granted with significant community support in April 2021.

With the advent of the Covid 19 Pandemic the development was delayed and the original building proved too expensive land. A smaller building is now proposed, which is expected to be affordable within the funds available.

Community Consultations, Meetings, Presentations, etc

Throughout the above process the Matterdale Community’s views have been sought on various occasions and in a variety of ways.

A. 4th January 2013 Public Meeting at the Royal Hotel, Dockray held by Matterdale Parish Council.

The meeting was held to establish the views of those present on a) whether MPC should seek to assume trusteeship of MSF, b) whether MPC should seek to re-establish a village hall for Matterdale in the New School. Approximately 60 people attended. There was unanimous support for MPC to assume trusteeship of MSF. There was almost unanimous support for the establishment of a village hall in the New School, with the one dissenting person taking the view that the funds made available by selling the charity’s assets should be made available to young Matterdale residents for educational purposes. At the time, this would not have been possible without approval by the Charity Commission of a new Scheme allowing much larger payments for much wider purposes and in much wider circumstances than the 1906 Scheme allowed. There was also some discussion about the use of the MPC’s Recreation Fund in meeting the costs of any building works required in the New School, with some agreeing that this would be dependent on an agreed plan of works and a sound business case for the new facility.

The Parish Council subsequently formally sought to assume trusteeship of MSF which was achieved in 2015.

B. Survey conducted on behalf of MPC and feedback meeting held on 30 October 2015

In 2015 MPC set up a small working party and commissioned a report to ascertain whether Matterdale residents still held the view that MPC should seek to re-establish a village hall in the New School, what activities they would like to see a Centre offer, and whether they could offer help in running it. The working party also approached other village halls within a 10 mile radius to ascertain whether they had spare capacity, and also to be informed about what worked for them, including their organisational structure. Approximately 50% of those on the electoral role responded (104 people of whom 10 were children). Of those who responded 62.5% said they thought a village hall was needed, 23% said they were not sure and 14.5% thought it was not

needed. Respondents made many suggestions for how they would use it, and also made offers of help. In terms of information from other village halls, at the time, halls had some spare capacity, but this was limited. All halls were financially viable, although some were more profitable than others, and a strong management team seemed key to a successful enterprise.

The feedback meeting was attended by 31 people and chaired by the chair of the Parish Council. Questions were raised, and answered, about the financial viability of the project, and the impact on nearby halls. The option of approaching the Charity Commission for a Scheme varying the objects of the 1906 Scheme to allow the use of MSF funds for educational grants to young people was also raised, which was suggested as Plan B, if it was not feasible to proceed with the reestablishment of a village hall. Overall there was strong support for MPC to work towards establishing a village hall in the New School.

C. Consultation on a Proposed Change to Charity Objects, June 2018

MSF’s charitable objects had been drawn up in 1906 and were in need of updating to take into account the changed circumstances of the Charity. The Charity no longer principally provided primary education, there was no longer any need for children to be awarded prizes on leaving school at 12 years to help with further education as 12 -18 years education is now free. Also the award of small monetary prizes on the basis of exams in needlework (for girls) or arithmetic (for boys) no longer seemed appropriate. MSF thought that the best use of the sale of the New School was to provide a new facility for the benefit of all residents of the valley that would advance education and provide facilities for leisure, sport, and other community activities. The Charity Commission required the charity to carry out an independent consultation which was commissioned from Action with Communities in Cumbria, (ACT). The consultation included information about the proposed change of objects and the reasons for the change which was sent to all households. Two events were held which facilitated discussion and written comments, and finally a questionnaire was sent to all on the electoral role for Matterdale Polling district, (the old civil parish of Matterdale) asking whether the respondent agreed, disagreed, or neither, to the change of objects.

There was a response rate of 45% to the questionnaire: 75% agreed with the change of objects, 12% disagreed and 12% felt unable to agree or disagree. Comments received reflected the strong opinions of those who both supported the change of objects and those who disagreed with them. Of those who disagreed the most stated reason was the view that the funds from the proceeds of the sale should be specifically used to support children’s education.

On the basis of the consultation, MSF applied to the Charity Commission and were able to up-date its objects. In recognition of the view of some residents that the proceeds of the sale should be specifically used to support children’s education, MSF made it clear to the Charity Commission that its intention was to emphasise the provision of educational activities and to make available part of the

profits made from running the new facility, not required for its ongoing upkeep, for the provision of grants for the education of local children. In the light of this, to enable MSF to make grants from part of the Charity’s income, the Charity Commission set out a further amended scheme. This amended scheme included the general objects to advance education and provide facilities in the interests of social welfare. It also included the power to establish a Community Centre and the power to make grants to young people resident in Matterdale and the neighbourhood. (See 2019 scheme).

D. Planning Application for the Replacement Education and Community Centre. January 2021

Once the plans for the replacement centre had been developed two open meetings were held to enable members of the community to make suggestions for improvement and ideas on activities they would like to see the centre offer.

The planning application was submitted to LDNP in January 2021 and permission was given following a control committee meeting in April 2021. Although not a consultation the planning application gave members of the community an opportunity to comment through the planning process. The application was supported in written submissions to LDNP by approximately 45 residents, with only one resident objecting to the application. Additionally some 20 letters in support came from those with properties in Matterdale.

E. Open Evenings Presentation of Revised Plans and Supporting Information, October 2024.

The original building scheme proved too costly. MSF considered alternative ways of providing a centre in partnership with other organisations in the valley, but this proved not to be possible. Accordingly a smaller building was proposed, and plans were developed with provisional build costs. All members of the community were invited via a letter to all households to attend two open evenings where the plans and supporting information were available for discussion and comment. If they were not able to attend they were invited to ask for the information and to comment via letter or email. In all 45 people commented, 31 attended in person, and 14 people commented by letter or completed a questionnaire. 29 were in support of the redesigned building, 11 did not support it and 4 were either undecided or had significant reservations. Most of those both for and against were seeking reassurance that the business plan was viable, and that the operational needs could be met. Of those against, the main view was that it was not needed by the current community and that it might damage the viability of Watermillock village Hall and the commercial success of The Royal Hotel.

A planning application was submitted to LDNP by MPC for this smaller scheme which has now received planning approval, but a decision to proceed with the building has not yet been taken. This will depend on a viable business plan and operational arrangements, and firmer

information that the cost of the new build can be met within available funds.

Funding for the Replacement Education and Community Centre.

Matterdale Parish Council

Matterdale Parish council owns the field on which the proposed scheme will be built. It also has circa £61,000 to put towards the development, which is held in the Matterdale Recreation Fund. This money mostly comprises: two grants from Eden District Council (£5,000) and Cumbria County Council (£8,000) specifically awarded towards refurbishment of the Community Centre; a donation of £23,883.28 from the group running the Matterdale Field Centre when it was disbanded towards a new facility; and £25,000 from Cumbria County Council as surrender payment when the lease of the hall part of the Old School (which had served as the village hall), was given up.

Matterdale School Foundation

The School Foundation had as its asset the building known as The New School and grazing land adjacent. In MSF sold the New School in September 2018 for the sum of £430,000, and sold a small part of the grazing land for £14,000 in 2016.

In developing the first scheme for a replacement education and community Centre, c£40k was spent on architects’ or other professional fees, and £924 on the planning fee.

MSF currently has c£417,000 which could potentially be put towards the revised scheme.

Additionally it has an unresolved planning application for four new build local houses on part of the remaining grazing land.

Objects of Matterdale School Foundation

The revised scheme of 2019 changes the 1906 objects clause 10(1) and 10(2) with the following “10. Objects

To promote for the benefit of the residents of Matterdale and the neighbourhood, without distinction of sex, sexual orientation, race 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:

1. Advance education; and

2. To provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

he the to. l. Make gr8nts to young pe& rnsid&nl in M8ttenlale and Ihe neghbourh(x)d. and 2. Establtsh or securn Its •st•blishm•nl of • comnwnty centrn •mend to m8ffl10 or manage or cow8rnt8 wth any st8lu8ry authonty or oltsr organisalk)n8 m the maintenancé and rn4nagonn1 ol such 8 conts¥ for activrt promr*t•d by th• chanty In lurtherance ol Its objects" In further3re of fts objects, MSF could use monies remaining in tts tund8 (after paying rts share ot th8 development costs and all(rMng for any necessary incidental re8•p4esl conneclK•n wrfh the charity, pcyworn to make educatDnal grants to young people m Matterdale and the n•whbouthth)d If rt become8 clear th8l it is not leaslble to buihl a communty c8ntr8. then fvISF will need to o)n81d8r how best to mefvt rtfj objects in other ways. The ways in whh a lund might be investèd t¢ meèt the charty's otyects is a separale exercoe. the cwwion of whKh awaits a final de¢n on. and costings of. the Edtr.0n and C47mmunty C•ntr•. Section E Financial review Flnancial R•vi•w The MCA generated a k)ss of £219 for the yeaf to 3111 Marth 2026, and hew raise £106 for a IOCAI compelrtor in the Eufopoan U21 Taekwondo Chamwwshps, £300 for Cancer Research UK. £25166 for wJate$ lo Motterdale Church. Following the decision to wind up the charity rt was decKled lo donate £4500 plus the PA System {fixed a88èti to the Frd8 of Mail8rdal8 Churth fi)r rofijrbishment of the church meeting room. A3 ai wi 2026, MCA h•d a b•lanrxJ of £829.15. Of £78.18 w spent on tnAstee lbilty insurance". £18.54 was SnI on the emad domain and the balanco 01 £534.45 was donated lo the Friends of Matterdale Church for refurbishmenl of the church meeting To. Section F Declaration Th• tru•lw• d•cl•r• th•t th•y hav• •pprov•d th• tru•t•H' r•port •bov•. 81grb•d on bohalf of th• chartty's tru8t••8 Slwwtur•(•) Full nam•l$l VerOna Go Poslllon Chair 26108r2026 16

	MATTERDALE COMMUNITY ASSOCIATION	MATTERDALE COMMUNITY ASSOCIATION	MATTERDALE COMMUNITY ASSOCIATION	Charity No	1151528	1151528
	Annual accounts for theperiod
	Period start date	01/04/2025	To	Period end date	31/03/2026

Section A	Statement of financial activities
Recommended categories by activity Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income Activities for generating funds Investment income Incoming resources from charitable activities Other incoming resources *Total incoming resources* Resources expended (Notes 4) Costs of Generating Funds Costs of generating voluntary income Fundraising trading costs Investment management costs Charitable activities Donations Other resources expended *Total resources expended* *Net incoming/(outgoing) resources* *before transfers* Gross transfers between funds *Net incoming/(outgoing) resources* *before other recognised* *gains/(losses)* Other recognised gains/(losses) Gains and losses on revaluation of fixed assets for the charity’s own use S17 Gains and losses on investment assets S18 *Net movement in funds* S19 Total funds brought forward S20 *Total funds carried forward* S21		Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03			Total this year Total last year £ £ F04 F05
		-	-	-	-	-
		-	-	-	-	70
		-	-	-	-	-
		-	-	-	-	-
		1028	406	-	1434	5268
		-	-	-	-	-
		1028	406	-	1434	5338

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		1653	-	-	1653	4629
		4752	406	-	5158	558
		-	-	-	-	-
		6404	406	-	6810	5187
		-5376	-	-	-5376	151
		-	-	-	-	-
		-5376	-	-	-5376	151

		-	-	-	-	-
		-	-	-	-	-
		-5376	-	-	-5376	151
		6005	-	-	6005	5855
		629	-	-	629	6006

Section B Balance sheet unrn•trlct RMtrbct•d ErKI1Mn• Totsl th1• Total l••1 fvnda Incom• fund• nd• y•ar y•af Flxed assets Tangibl• •88el• F01 F02 F03 F04 FOS 283 InvMlm•nl Total flx•da$sots Current assets Stock •nd Wofk in pfogr• O•btor• (Short tern?) Inv•strent8 Cash at bank and In hand 283 629 629 Total current assets 29 629 Creditorn: amount• falllng wlthln one ymr 282 N•t curfwrt a8s•ts/fllabllltl•s) 629 Tot•1 •u•ts 1•8s currnnt li•billti•s 829 629 Cr•dltorn: •mounl• falllng duo aft•r on• y•aT Provl•lon• for Ilabllltlè• and charg•• 829 629 6,OC Funds of the Charlty unrostrlrf lund$ 5.855 151 - 5.376 - 5.376 Rwtrlci•d Inc¢xn• funds Endo4bin•nt fvnd• Tot•1 fvndl 629 629 Swned by one truBieè on b•hdl of •ll Il Iwsl¢e8 S4nabJrn Print Name Dale of apyoval P J Newpjrt Fixed Asset of Publk Address System wa$ passed to Frlends of Matterdalo Church 18

Section C Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); and with

Accounting Standards;

and with the Charities Act.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	• the charity becomes entitled to the resources;
	• the trustees are virtually certain they will receive the resources; and
	• the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	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 resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and
	material_._The value placed on these resources is the estimated value to the charity of the
	service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	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.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	or output to be provided, such grants are only recognised in the SoFA once the recipient of the
	grant has provided the specified service or output.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	Support costs include central functions and have been allocated to activity cost categories on a
	basis consistent with the use of resources, eg allocating property costs by floor areas, or per
	capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity	are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year end.
	Other investment assets are included at trustees' best estimate of market value.

Stocks and work in progress These are valued at the lower of cost or market value.

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Analysis	This year £	Last year £
Donations for Cancer Research UK	300	-
Donations for European Taekwando competitor	106	-
Penrith SA Food Bank	-	70
Total	406	70

	-	-
	-	-
Total	-	-

Summer Event	-	3,870
Burn's Night	-	655
Quiz Nights	80	274
Film Nights	45	230
Craft Fair	-	100
Croquet	-	75
Tatties Ankles Concert	810	-
Other activities	93	64
Total	1,028	5,268

Note 4 Analysis of resources expended

Analysis	This year £	Last year £
	-	-
	-	-
Total	-	-

Summer Event	-	2,967
Burn's Night	-	689
Film Nights	173	139
Other event costs	95	132
Oral History project	246	286
Tatties Ankles Concert	508	-
Steel Pan Concert	45	-
VJ daycomemoration	50	-
Printing	93	-
Website costs	281	259
Insurance	161	157
Total	1,653	4,629

Another Way	-	413
Salvation ArmyFood Bank	-	70
Penrith Croquet Club	-	75
Cancer Research UK	300
Local European Taekwando competitor	106
Matterdale Parish Church	252
Friends of Matterdale Church	4,500	-
Total	5,158	558

Section C Notes to the accounts (cont)

Note 5 Debtors and prepayments

Analysis of debtors

Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
This year £	Last year £	This year £	Last year £
-	-
-	-	-	-

Note 6 Creditors and accruals

Analysis of creditors

Oral History project Film hire fees

Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
This year £	Last year £	This year £	Last year £
-	156	-	-
-	126	-	-
-	282	-	-