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2025-03-31-accounts

Chairman’s Report

Picket Twenty Community Association (PTCA)

For the period 1 April 2024 to 31 March 2025

The Trustees present their report for the year ended 31 March 2025.

Overview

This year has been one of continued development and consolidation for Picket Twenty Community Association. The Community Centre remains a vital hub for local residents, providing a safe, inclusive, and accessible space for a wide range of activities, services, and events.

We have seen steady growth in both regular bookings and community engagement, reflecting the increasing importance of the Centre within the Picket Twenty area.

Objectives and Activities

The Association’s primary objective is to promote the benefit of the inhabitants of the local area by providing facilities for recreation, leisure, and community development.

During the year, the Centre has hosted a broad range of activities including:

We have continued to work with local organisations, clubs, and service providers to ensure the Centre meets the needs of a diverse and growing community.

Achievements and Highlights

Increased utilisation of the Centre across both weekday and weekend bookings

Continued development of partnerships with local clubs and organisations

Expansion of activities available to children and young people

Positive feedback from hirers and community members

The team are particularly pleased with the continued growth in community participation and the Centre’s role in supporting social cohesion.

Financial Review

The Association has increased its income by 125% over this reporting period, this is a great achievement for the centre. Income has been primarily generated through room hire, regular bookings, successful grant applications and community events.

We try our best to invest any surplus funds back into Picket Twenty by providing free events and supportive initiatives for the residents

Governance and Management

The Association is managed by an experienced Centre manager who is supported by a board of volunteer Trustees and volunteers.

The Trustees meet regularly to discuss and gain alignment of the operation of the Centre.

During the year, the centre manager and trustees continued to review policies and procedures, particularly in relation to:

We recognise the importance of maintaining robust governance and are committed to ongoing improvement in these areas.

Challenges

As with many community organisations, the Association faces ongoing challenges including:

Despite these challenges, the team remain confident in the resilience and future of the Centre.

Future Plans

Looking ahead, the Association aims to:

Further increase community engagement and participation

Looking to onboard more Trustees and Volunteers

Expand the range of activities and services offered

Continue improving facilities and equipment

Strengthen governance and compliance frameworks

We will also continue to explore opportunities for funding and partnerships to support the longterm sustainability of the Centre.

Acknowledgements

The Trustees would like to thank:

Our Centre Manager Stacey Knight for her dedication and hard work

Our volunteers for their ongoing help and support

Our hirers and community members for their continued engagement

Test Valley Borough Council and other external agencies for there financial support and guidance

Conclusion

The Team are proud of the progress made during the year and remain committed to ensuring that Picket Twenty Community Centre continues to thrive as a valuable asset for the local community, with our leading goal of being one of the best centre to offer support to our community.

~~ee~~ Section A Receipts and payments

A1 Receipts Income Grants

Sub total (Gross income for AR)

A2 Asset and investment sales, (see table).

Sub total

Total receipts

A3 Payments

Expenditure

Sub total

A4 Asset and investment purchases, (see table) Van

Sub total

Total payments

Net of receipts/(payments)

A5 Transfers between funds A6 Cash funds last year end Cash funds this year end

Section B Statement of assets and liabilities

Categories

B1 Cash funds

B2 Other monetary assets

B3 Investment assets

B4 Assets retained for the charity’s own use

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Picket Twenty Community Ass

For the period from

Recei t p 1st Apr

Unrestricted funds
to the nearest £
65,232
36,461
-
-
-
-
-
-
-
-
-
-
101,693
85,703
-
-
-
-
-
-
85,703
-
-
Restricted funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- -
- -

85,703 15,990 - 6,071 22,061

-

at the end of the period

Details

NatWest Current Account Cash NatWest Savings

Total cash funds

(agree balances with receipts and payments account(s))

Details

Details

Details

Details Signature

ociation

ts and a ments accounts p y

ril 2024

To

Endowment funds

to the nearest £ - - - - - - - - - - - - - - - - - - - - - - -

-

-

Unrestricted funds to nearest £

7,971 2,107 4,122 14,201

Unrestricted funds

to nearest £ - - - - - -

Fund to which asset belongs

Fund to which asset belongs

Fund to which liability relates Print Name

1157516

CC16a

31st March 2025

Total funds

to the nearest £

65,232 36,461 - - - - - - -

101,693

85,703 - - - - - - - 85,703

-

Last year

to the nearest £

50,533 3,037 - - - - - - 53,570

53,570 - 50,481 - - - - - - - 50,481

-

85,703 15,990 - 6,071 22,061

Restricted funds

to nearest £

-

Restricted funds

to nearest £

-

Cost (optional)

-

Cost (optional)

-

50,481 3,088 - 2,983 6,071

Endowment funds to nearest £ - - - -

Endowment funds

to nearest £

-

Current value (optional)

-

Current value (optional)

-

Amount due (optional)

When due (optional)

Date of approval

Independent Examlners Report For the Year Ended 31# March 2025 I have examined the financial statements prepared by Picket Twenty Community Association Respective responsibilitles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under settion 14412) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Att. to follow the procedures laid down in the general Directions given by the Charity Commi55ion under section 145{5){bl of the 2011 Act: and to state whether particular matters have come to my attention. Basls of Independent examlnees report My examination was carried out in accordance with the general Directions given by the Charlty Commission. An examination includes a review of the accounting ￿COrdS kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disc105ures in 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 consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set oirt in the statement below. Independent examlnerfs statement In connection with my examination. no matter has come to my attention: (l) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with settion 130 of the 2011 Act. and to prepare accounts which accord wlth the accounting records and comply with the accounting requirements of the 2011 Act have not been met. or {2) to which, in my opinion, attention should be drawn in orderto enable a proper understandin8 of the account5to be reached. Mrs Emma Giles Dated 31" March 2026