Bagworth Community Centre Trust (2013) Limited
Report and Flnanclal Statements
For the year ended 318t March 2025
Reglstered Charlty number: 1155947
WorkingW8ek Limited
2west End
Barlestone
Warwickshire
CV13 OEJ

Bagworth Community Centre Trust (2013> Limited
Report and Financial Statements
Forthe year ended 31 March 2025
Contents
Page
Report of the Trustees
Report of the Independent Examiner
Statement of Financi8 l Activities
Balan¢e Sheet
Notes to the Financial Statements

Bagworth Cornmunity Centre Trust (2013) Limited
Report of the Trustees
Forthe year ended 31" Mareh 2025
The Trustees presenttheir reporttogetherwith the financial statements ofthe charityforthe year
ended 31" Narch 2025
Organlsatlonalstru¢ture
The Company was established under a M8mor8ndum of Association which 8St8blished the
objects and powers of the charitable company and is govèrned under its Articles of Assoclation.
The organisation a charitable company limited by guarantee, incorporated on 3 April 2013 and
registered as a charityon 27 February 2014. The companywas establishecj under a Memorandum
of Association which established the objects and powers of the charitable company and is
governed under its Articles of Associ8tion. In the event of the company beingwound up members
are required to contrlbute an amount not exceeding E1.
Governance and Management
The Trust has four Directors plus a small number of volunteers who regularly attend and
participate in Trust leadership meetings, known as Management Committee Meetings, and
events. There 18 8 good mix of user group representatives, business Skills and social diversity
within the Commlttee. Notlces promoting the Trust's work 8re displayed in the building and
8nyone who Is interested in supporting our work is invited to become more involved. Expressions
of interest to be a Dlrector 8re welcomed and prospective Trustees 8re appointed by the existing
Board of Directors following the procedures detailed in paragraphs 33-35 of the Articles of
Association.
All members of the Management Commlttee give thelr tlme voluntarily and receive no benefits
from the charity. The Trust's annual accounts are reviewed by an independent person In th8
interests of tr8nsparency. The Community Centre building, which the Trust was establlshed to
run 8nd operate, is owned by Bagworth and Thornton Perish Council. The Trust leases the buildlng
for the sum of E1 peryear under 8 6-year agreement. The Trust is msnaged entirely independently
of the Parish Councll,
Objectives and actlvltles
Our charity's purpose as set out In the objects contained in the Company's memorandum of
sssociation are specifically restrlcted to the following:
(11 To further or benefit the residents of Bagworth and the neighbourhood, without distinction of
sex, sexual orientation, race or of political, religious or other opin ions by associating together the
said residents and the local authorities, voluntary and other org8nisations In a common effort to
gdvance education and to provide facilities in the interests of socia I welfare for recreation leisure
time occupation with the objective of improving the conditions of lifo for the residents. In
furtherance of these objects but not otherwise, the trustees shall have power:
12) To establish or secure the establishment of a communitycentre and to maintain or manage or
co-oper8te with any st8tutory authority In the maintenance and management of such a centre for
activities promoted by the Charity in furtherance of the above objects.
The Trust continued to make the Cornrnunity Centre available for the use of villagers Irom
B8gworth, Thornton, Merry Lees and the surrounding 8rea.

Bagworth Community Centre Trust (2013) Limited
Report of the Trustees
For the year ended 31" March 2025
The Trustees continued to promote the Centre as a venue for privat8 use with regular editorial in
the local press and on ourwebsite and social media pages.
A preschool operates from the Centre, providing a popular essenti81 service to local youngsters.
A number of clesses are held at the Community Centre by third parties including stay and play
and sign language groups for young children, dancing classes for children and 8dults, marti81
arts, drama, yoga and wellness and others. In addition, there Is 8 regular drop-in social group for
retired people and the local br8nch of the Women's Institute hold their meetings at the
Cornmunity Centr8 once a month.
The Halls are also popularwith locals wishingto hold one-off personal events.
We continue to work with Forever Savvy, who provide work experlence for adults wlth learnlng
diff iculties, They open the coffee shop every weekday and the number of regular customers has
continued to increase.
A¢hlevements and Performance
Booklngs have continued to rise during the year, demonstrating the importance of this centre to
the local communlty, The Trust continue to control operatlng and 8dministrative expenses as
much as possible, although energy price increased and repairs and mainten8nce h8ve
considerably affected the business.
The trustees confirm th8t they have paid due regard to Charity Commission guldance on publlc
benefit in deciding what activities to undertak8.
Flnancial review
The Trust h8s a Reserves policy in place. 'Maintenance this fund hes been created to cover the
costs of redecorating the inside of the Centre within 5years, as required by the building lease. The
target for this fund within that period is 85000. General the charity has acknowledged the fact
that a general reserve should be held to cover unexpected expenses and cash flow timings. The
general reserve is deemed suff icient to cover this risk.
Reserves policy
The Trust has a Aeserves policy in place. 'Maintenance this fund has been created to coverthe
costs of redecoratingthe inside of the Centre within 5years, as required bythe building lease. The
target for thls fund within that period is 85000. General-the charlty has acknowledged the fect
that a general reserve should be held to cover unexpected expenses and cash flow timings. The
general reserve is deemed sufficient to cover this risk.

Bagworth Community Centre Trust {2013) Limited
Report otthe Trustees
For the year ended 31" March 2025
Future developments
Fundraising and funding Bagworth and Thornton Parish Council will continue to make a
substantial contribution towards the overheads of the Centre as part of its remit to facilitate
community cohesion. The Trust has no reason to believe that Bagworth and Thornton Parish
Council will not continue to contiibute to the overheads of the Centie in the foreseeable future.
Investment policy The Trust did not make any investments over the reporting period. All funds
generated are used to improve the facilities for Centre users.
Trustees
The trustees holding off ice duringthe whole year unless otherwise stated were as follows.,
Robert Austin
Robert Miles
Harold Corrigan- appolnted 13" December 2024
Trustees, responslblutles In relatlon to the flnanclal statements
L8w applicable to charitles in England and Wales requires the trustees to prepare Yinanciel
statements foi each financial year which give a true and fair view of the charity's financial
activities during the year and of its f inanci81 positlon at the end of the year. In prep8 ring those
financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.
make judgments and estimates that are r88sonabl8 and prudent.
state whether appllcable accounting standards and statements of recommended
practice have been followed subject to any departures dlsclosed and explained in the
fin8nclal statements,. and
prepare the financial statements on the golng concern b8sls unless It is Inapproprlate to
presume that the charitywill continue in business.
The trustees 8re responsible for keeping accounting records which disclose with reasonable
8ccur8cy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011.They are also responsible for
safeguarding the assets of the charlty and hence for taking reasonable steps for the preventlon
and detection of f raud and other i rregularities.
Approved by the trustees on ,
and signed on their behelf by
Har
Idco
Trustee

Independent ExamTner's Report to the Trustees of Bagworth Community Centre Trust
{2013) Limited
I report on the accounts of B8gworth Community Centre Trust (2013) Limited for the year ended
31" March 2025, which comprise the statement of financial activities, the balance sheet and the
reLated notes.
Respective responsibilities ottrustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
considerth8tan audit is not required forthisyear undeT section 144of the CharitiesAct2011 Ithe
Charities Act) and that an independent examination is needed.
It is my responslbilltyto:
examine the accounts under section 145 of the Charities Act;
to follow the procedures laid down in the general Directions given by the Charity
Commission lundersectlon 145{5} Ibl ofthe Charities Act); and
to state whether p8rticular matters have come to my attention.
Ba81s of independent examiner's roport
My ex8minatlon was carried out in accordance with the Gener81 Dir8Ction8 given by the Ch8rlty
Commission. An examination includes a review of the accounting records kept bythe charity and
comparison ofthe accounts presented with those records, It 81s0 includes consideration of any
unusual items or disclosures in the accounts and seeking explanations from you as trustees
concerning any such matters. The procedures undertakèn do not provlde all the evidence th8t
would be required in an audit. and consequently no opinion Is given as to whether the accounts
present a 'true and fair, view and th8 r8port is 1Smlted to those matters set out in the statement
below.
Independent examlner's statement
In connection wlth my examin8tlon, no matter hes come to my attention:
whlch gives me reasonable cause to believe that In any material respectthe requirements
to keep accounting records in accordance with section 130of the 2011 Act,, and
to prepare accounts which accord with the accounting records and to comply with the
accounting requirements of the Ch8rities Act
have not been met; or
2. to which, in my opinion, att8ntion should be drawn in order to enable a proper
understanding ofthe financial statements to be reached.
Marzena Wright
2 West End
Barlestone
Warwickshire
CV13 OEJ
Date: 31.12 Ic21

Bagworth Community Centre Trust (20131 Lirnited
Statement of Financial AGtivities
For the year ended 31" Mar¢h 2025
Notes
2025
2024
Un restricted Restricted
Income Donations
5,777
Income frorn charitable activities
Total Income
Expenditure
Raisingfunds
Charitable Activities
Total Expanditure
Net Incomel(Expendlture)
1,888
-31,628
Total Funds Brought Forward
4,370
Total Funds Carrled Forward

The notes form part of these financial 3t8tements
Bagworth Communlty Centre Trust (2013) Llmited
Balance Sheet 31 March 2025
Notes
2025
2024
Flxed assets
Tangible assets
677
2,489
Currant assets
Debtors
Cash at bank and in hand
4,595
4,735
16,980
11.103
Creditors:
Amounts f811ing due wlthin one year
5,599
3,422
Net current asset8
11,381
Total a888ts less current liabilities
Funds
Unrestricted end Designated
6,258
4,370
Restricted
5,800
5,800
Approved by the Trustees on..
.and signed on their behalf by
Har
Id Corr
Trustee
The notes form part of these financial statements

Bagworth Comrnunlty Centre Trust (2013) Limited
Notes to the FinanGial Staternents
For the year ended 31" March 2025
1.Accountlng Pollcles
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Stgtement of Recommended Pr8¢tice applicable to charities preparing their accounts
In accordance with the Financial Reporting Standard for Smaller Entities published on 16July
2014 8nd the Flnancial Reporting Standard for Smaller Entities (effective April 2015).
a) Accountlng convention
The fin8ncial statements are prepared under the historical cost convention, and on 8 going
concern basis.
b) Inoome recognition
Income is recognised in the period to which it relates.
¢1 Expandlture
Expenditure is accounted for as It becomes due 8nd has been allocated to actlvltles on a basis
conslstent wlth the use of resources.
d} Tangible fixed assets
Tangible flxed assots are stated In the balence sheet at thelr acquisltion cost less accumulated
depreciation. Depreciation is provided on all tangible fixed assets. to wrlte of the cost L8SS
estimated residual value of each asset over its expected useful life 8s follows:
Plant and Machinery- 25% on cost
Fixture and fittings 25 % on cost
- Computerequipment-25% on cost
e) Taxatlon
The activities of the charity are exempt from taxation on the net incoming resources.
f) Funds
Unrestricted funds are av8ilable to be used for purposes within the objects of the charity at the
discretion of the trustees. Restricted funds can only be used for specific restricted purposes
within the objects of the Charity. The restrictions are specified by the donor or when funds are
raised for particular restricted purposes.
2.Donation- income
2024
2024
Donations and Legacies
5.777

Bagworth Community Centre Trust12013) Llmlted
Notes to the Financial Statements (contlnuedl
Forthe year ended 31" March 2025
3. Income from the charltable actlvltles:
2025
2024
offee Shop
Room hire
4,064
3,705
4. Expenditures of Charitable actlvltles
2025
2024
Purchases
1,987
2,122
Electric, gas, water
9,979
24.752
Wages
19,576
15,767
Telephone
499
420
Licences and insurance
890
1,178
Repairs and renewals
2,077
11,528
Household and cleaning
4,622
3,877
Software & IT
1,e25
2,072
Accountancy
1,368
1,080
Subscriptions
505
339
Depreciation
5. Staff costs Wages
2025
2024
Wages
19,576
15,767
The 9verage number of employees during the ye8r wes 2

Bagworth Communlty Centre Trust (20131 Limited
Notes to the Flnancial Statements (continued)
Forthe year ended 31°, March 2025
6. TangSble flxed assets
Plant and
Machinery
Fixture and
fittings
Computer
equipment
Totals
COST
At 1 April 2024
Additions
At 31 March 2025
2,942
6,200
1,049
10,191
DEPRECIATION
At 1 April 2024
Charge foryear
At 31 March 2025
2,942
4,563
197
7,702
NET BOOKVALUE
At 31 March 2025
At 31 March 2024
7. Debtors: Amounts falling due wlthln one year
2025
2024
Trade debtors
Other debtors
3,324
2,922
8. Credltors: Amounts falllng due within one year
2025
2024
Trade creditors
Taxation and soci81 security
Other creditors
2,830
1,004
1,449
26
9. Analysls of net assets arnongfunds
Unrestrlcted Re8triGtgd
Total
Tengible Fixed Assets
Cash at bank
Other current assets
Cuirent liabilities
677
6.585
4,595
677
12,385
4,595
5.800