Registered Charity Number: 1156422 RIVERSIDE COMMUNITY ASSOCIATION LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 Registered Charity Number: 1156422 RIVERSIDE COMMUNITY ASSOCIATION LIMITED CONTENTS REFERENCE AND ADMINISTRATIVE INFORMATION TRUSTEES, REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS Registered Charity Number: 1156422 RIVERSIDE COMMUNITY ASSOCIATION LIMITED REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATIVE INFORMATION Charity Name: Riverside Community Association Limited Registered Charity number: 1156422 Registered Office.. Riverside Centre, 113 Culvers Avenue, Carshalton, SM5 2FJ Trustees: The Trustees who served during the period were as follows: Mr Roger Thistle Mr Roger Mills Mr Robert Frogley Mrs Rebecca Kramer Mr Colin Wells(resigned 22 March 2023) Bankers: Lloyds Bank, High Street, PO Box 1000, Sutton, BXI ILT Insurers.. Ansvar Insurance, Ansvar House, St Leonards Road, Eastbourne, East Sussex, BN213UR Accountants: Community Action Sutton Granfers Community Centre 73-79 Oakhill Road Sutton SMI IAA RIVERSIDE COMMUNITY ASSOCIATION LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 This will be included as part of the Annual Report submitted for the Annual General Meeting of the Riverside Community Association Limited, in early 2026. This report was approved by the Trustees /6&q 202 and signed on their behalf by: INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RIVERSIDE COMMUNITY ASSOCIATION LIMITED I report on the accounts of the charity company for the year ended 31 March 2025, which are set out on pages 4 10 10, Respectlve responslbllltles of trustees and examiner The trustees (who are also the director5 of the company lor the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is nol required for this year under section 144(21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject lo audit under company law and is eligible for independent examination, it is my responsibillty to.. Examine the accounts under section 145 of the 2011 Act- To follow the procedures laid down In the general Directions given by the Charity Commisslon under section 145(5)Ib) of the 2011 Act., and To state whether partlcular matters have come to my attenlion. Basls of Independent examlner's report My exarnlnation was carried out in accordance wlth the general Dlreclions given by the Charity Commisslon. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wilh those records. It also includes consideratlon of any unusual items or disclosures in the accounts, and seeking explanations from you as Iru5tees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a "true and fair view. and the report is Ilmited to those set out in the slalement below. Independent examlner's statement In connection with my examination, no matter has come to my attention: (i) Which gives me reasonable cause to believe that in any material respect the requlrements.. To keep accounllng records in accordance wlth sectlon 386 of the Companies Act 2006.. To prepare accounts which accord with accounting records, comply with the accounting requirements ol section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities (January 2015), Have not been met., or (2) reached. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be Dunstanette Kuti FCCA MCSI Community Action Sutton Granters Community Centre 73-79 Oakhill Road Sutton, Surrey, SMI 3AA i£lIlzGizL Riverside Community Association Limited Registered Charity Number: 1156422 STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025 Total Funds 2025 Total Funds 2024 Unrestricte d Funds Restricted Funds Note Income from: Donations Charitable Activities Grants 863 98,145 34,670 434 2,342 131,343 1,297 100,487 166,012 322 89,591 98,317 Total 133 678 134 119 267 796 188,230 Expenditure on: Charitable Activities Total 145 253 145 253 85,046 230 299 230 299 205 883 205,883 Net Income l (expenditure) (11,576) 49,073 37,497 (17,653) Net movement in funds (11,576) 49,073 37,497 (17,653) Total Funds brought forward Prior year adjustment Total Funds carried forward 42,583 107,620 150,203 167,856 156 693 187 700 150 203 The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities. Riverside Community Association Limited Registered Charity Number: 1156422 BALANCE SHEET as at 31 March 2025 Note 2025 2024 CURRENT ASSETS: Debtors & Prepayments Cash at bank and in hand 56,112 133 727 189,838 45,177 108 307 153,484 CREDITORS.. amounts falling due within one year Creditors NET CURRENT ASSETS: 187,704 150,203 NET ASSETS 187 704 150 203 THE FUNDS Restricted Unrestricted 156,693 31,007 107,620 42,583 187 700 150 203 The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. No members have required the company to obtain an audit of its accounts for the year in question, under Section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies, subject the small company's regime, BEHALF OF THE BOARD.. Approved by the Board o .Date .' 20 RIVERSIDE COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 I. ACCOUNTING POLICIES a) Accounting Conventions The Financial Statements have been prepared in accordance with applicable accounting standards under the historical cost convention and in accordance with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities. b) Fund Accounting Restricted Funds are those received which have been earmarked for a special purpose by the donor. Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity. c) Incoming Resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income. Voluntary income is received by way of grants and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the Charity, are recognised when the Charity becomes unconditionally entitled to the grant. Activities for generating funds consist of room hire and are accounted for on a receivable basis. Surplus funds are invested in a bank deposit account to earn interest. Interest received is included when receivable. Interest is credited to the unrestricted fund to offset overheads. Incoming resources from the charitable activities consists of grants, which are related to performance and are accounted for as the Charity earns the right to consideration by its performance. Other sources of Incoming resources trom the charitable activities consist of fees and Cafe takings accounted for on a receivable basis. d) Resources Expended Expenditure is recognised on an accrual basis as a liability is incurred. Cost of generating funds comprises the costs associated with attracting future Income. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries, It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include the Independent Examination fees and costs linked to the strategic management of the Charity. RIVERSIDE COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) I. ACCOUNTING POLICIES (continued) d) Resources Expended (continued) Costs are allocated to charitable activities and the Community Centre on the basis of usage. Costs relating to a particular activity are allocated directly, other overheads are apportioned on an appropriate basis see note. e) Depreciation All fixed assets purchased over 6500 are capitalised and Depreciation is provided on all capitalised assets on a Straight-line basis as below.. 25% per annum 50% per annum 20 % per annum Office Furniture & Equipment Computer Equipment Motor Vehicles fj Recognition of Liabilities Liabilities are recognised on an accrual basis. g) Taxation As the Company is a registered Charity Company (Registration No: 1156422), carrying out charitable purposes, it is exempt from corporation tax. h) Transfers between funds Trustees have the authority to transfer amounts out of the unrestricted funds into the restricted funds when required. RIVERSIDE COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 2. INCOME FROM CHARITABLE ACTIVITY Unrestricted Restricted Total 2025 Total 2024 Funds Funds Charitable Activities.. PayPal Income Projects Room Hire Other [Deposit & other income] 2,471 30 95,643 1,515 827 3,987 857 95,643 4,843 278 84,515 (45) 89,591 98,145 2,342 100,487 Grants Donation & PayPal giving 34,670 863 131,343 434 166,012 1,297 98,317 322 133,678 134,119 267,796 188,230 3. EXPENDITURE ON CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Total 2025 Total 2024 Management and Admin (Note 4) Premises Costs Project Costs Salary (Note 5) 4,465 28,188 14,823 4,465 28,188 42,427 155 219 230,299 (182) 30,121 35,866 140 078 205,883 27,604 145,253 85,046 RIVERSIDE COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 4. MANAGEMENT EXPENDITURE Unrestricted Restricted Funds Funds Total 2025 Total 2024 Accountancy & Audit Payroll charge Bank Charges Insurance Personnel Marketing Training Refreshment Project Management Charge Governance 1,150 1,754 95 3,097 592 188 100 1,150 1,754 95 3,097 592 188 100 1,210 1,742 84 2,996 320 215 47 (12,074) 9,559 4,465 (12,074) 9,559 4,465 (9,684) 2,887 (182) 5. STAFF COSTS Unrestricted Funds Restricted Funds Total 2025 Total 2024 Salaries Social Security costs Pension costs 92,620 3,289 55,294 972 147,915 4,261 133,212 3,597 155 219 140 078 Durlng the year no Trustees received any remuneratlon (2024-Nil) During the year no Truslees received any benefits in kind (2024-Nil) During the year no Trustees received any reimbursement of expenses (2024 -Nil) 6. DEBTORS 2025 2024 Accounts Receivable 56,112 56,112 45,177 45,177 RIVERSIDE COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 7, CREDITORS - Amounts falling within one year 2025 2024 Accounts Payable Accrued expenses 984 1,150 2,134 2,131 1,150 3,281 STATEMENT OF FUNDS At31 March 2024 Income Expenditur At31 March 2025 Transfer Unrestricted Funds Total HAF Total Holiday Camp Total Riverside Centre General 17,233 35,882 621 97,174 (34,253) (1,029) (109,972) 18,863 (408) (12,798) 25,350 31,007 25,350 42,583 133,678 145,253) Restricted Funds Total for SM5 Total Skoot Total TOYP Family Support Hub Food Pantry Sutton Community Fund Microgrant Warm Spaces 27,174 19,334 87,610 (12,273) (5,132) (67,641) 14,901 14,202 115,614 370 488 95,644 370 488 9,411 1,708 9,411 1,708 107,620 134,119 85,046 156,693 TOTAL FUNDS 150,203 267,796 (230,299) 187,701 9. PENSION COMMITMENTS The charity operates a defined contribution stakeholder pension scheme. 10 Tina Green From: Sent: Liz Bebington 16 January 2026 10:20 Creative Payroll St Georges Shirley Jan payroll Subject: Happy NewYearTina and Karen Hope atl is well with you. We assumeyou will shortLy be calculatingthe Januarywages.. Jan Payne's are as normaL Rob's hours for January are expected to be as below. Any changes at the end of the month we wilL adjust in Feb. .so 29 hours forjanuary 2026 please. 02101- 1 hour w/b 05101- 7 hours w/b 12101- 7 hours w/b 19101- 7 hours w/b 26101- 7 hours Manythanks Liz Bebington