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2025-12-31-accounts

FLORENCE PARK COMMUNITY ASSOCIATION CIO

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Charity Registration Number: 1159506

1

FLORENCE PARK COMMUNITY ASSOCIATION

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

CONTENTS PAGES
Charity Information 3
Trustees’ Annual Report 4
Statement of Trustees’ responsibilities 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the accounts 11

2

FLORENCE PARK COMMUNITY ASSOCIATION

CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2025

TRUSTEE COMMITTEE MEMBERS

Judith Secker Chair Stella Bell (resigned October 2024 re-appointed Feb 25) Adam Wielopolski Rebecca Seaborne Secretary Stephen Walker Jane Littlehales Daniel Chivers Treasurer

SECRETARY

Rebecca Seaborne

REGISTERED OFFICE

Florence Park Community Association Florence Park Community Centre Cornwallis Road Oxford OX4 3NH

CHARITY REFERENCE NUMBER

1159506

ACCOUNTANTS

SPX Oxford Ltd Peace House 19 Paradise Street Oxford OX1 1LD

3

FLORENCE PARK COMMUNITY ASSOCIATION

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

The constitutional objects of the FPCA are to:

The Charity shall be non-party in politics and non-sectarian in religion. The area of benefit (“area of benefit”) shall be Florence Park estate and the neighbourhood together defined by the area bounded by the Oxford Road, Between Towns Road and Church Cowley Road (including Eleanor Close), Henley Avenue, and the Boundary Brook.

Having regard to the Charity Commission’s guidance on public benefit, the main activities undertaken to fulfil these objectives in 2025 have been: the continued maintenance and management of the Florence Park Community Centre, which is open to all, under our lease with Oxford City Council; the provision of activities including social meals, exercise classes, drama, arts and music, for the social and recreational well-being of residents and the wider public.

Our core activities benefitting the community are:

These core activities have been supplemented by occasional events and activities offered by the Association and by members of the Association. Notable events in 2025 included: the January panto ‘Aladdin’ put on by the Florence Park Players collective and sold out for all performances; ‘Florence Park Rocks’, an intergenerational all-day celebration of live music rooted in Florence Park from across the last six decades;

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FLORENCE PARK COMMUNITY ASSOCIATION

ArtFlo Oxford’s annual show; the winter market and the popular ‘Songs of the Season’ both held in December. These events have provided opportunities for members and residents to develop their talents and for others to enjoy the results while the community centre benefited from the generous donations raised. The Trustees wish to thank everyone who contributed to these events.

Regular longstanding hirers have also benefitted the community. They include Joe Jenning’s low cost acupuncture sessions, Jane Callaway’s pilates class, Emily Marshall’s Saturday Singers, Matt Hill’s Kids Martial Arts and the Oxford Ukeleles.

Achievements and performance

Overall 2025 has been another successful year for the Association with the community centre rarely standing empty during the day, in the evenings or at weekends. Footfall at events in 2025 was 25,000. Key achievements included:

Danny Chivers was elected to succeed Jane Dee as treasurer for the Board of Trustees. As well as keeping ‘the books’, Danny has succeeded in raising over £34,000 in funds for work to make our building more energy efficient. The heating controls were upgraded in 2025, and other works – including the installation of solar panels and a battery – will take place in in 2026. Trustees wish to thank the project funders: The National Lottery Community Fund, Energy Solutions Oxfordshire, the Pye Trust and the Community Infrastructure Levy via our local councillors.

We produced three issues of the Florence Park Newsletter in 2025. Members of the community provided the content for these 8-page, full colour productions. Trustees Adam Wielopolski and Jane Littlehales respectively edited and designed the issues which were delivered by community volunteers to 1,400 homes. We are grateful to the University of Oxford for printing the newsletters.

Aiming to encourage and reward membership of the community association, 2025 saw the introduction of three free community meals for members. Thanks to Membership Secretary Stella Bell’s culinary skills and the Oxford Food Hub these events have attracted 60 plus people, some of whom have come into the centre for the first time.

Financial Review

A full financial review is included with the annual accounts. It is pleasing that, despite rising energy costs and other overheads the community centre is sustainable, with a small surplus in unrestricted income in 2025. Our employment contracts commit us to endeavouring to pay our Group Leaders at least the Oxford Living Wage and we were able to apply the increase in 2025 and 2026.

We continued to benefit from our relationship under license with the Florence Park Social Club with whom we held constructive joint committee meetings in 2025. At the end of 2025, the decision was taken to convert the Social Club to a Company Limited by Guarantee (CLG), giving it a legal structure that better suits its purposes and needs. This involved closing the old version of the Social Club and transferring its core cash assets (£12,000) as a donation to the Community Association, to enable us to then spend this money as an investment to set up the new CLG (formally constituted as the Florence Park Social Club and Bar) in early 2026. This donation has therefore been recorded as restricted funds in these accounts.

Structure, government and management

Florence Park Community Association is a Charitable Incorporated Organisation (CIO) governed by a constitution based on the Charity Commission model. There is no limit to the number of trustees but the minimum required is 3. Trustees are proposed and elected at the Annual General Meeting. The Board of Trustees) is able to co-opt trustees between AGMs subject to their election at the next AGM. There are three

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FLORENCE PARK COMMUNITY ASSOCIATION

formal officerships: the AGM elects the secretary and treasurer while the chair is elected by the Trustees at their following meeting.

Reference and administrative details: trustees

The Trustees serving when the report was approved were: Judith Secker, Daniel Chivers, Adam Wielopolski, Jane Littlehales, Stephen Walker, Rebecca Seaborne and Stella Bell.

There are no corporate trustees and no trustee holds the title to property belonging to the charity.

Judith Secker, Chair FPCA

Approved by:

Daniel Chivers Rebecca Seaborne

Treasurer

Secretary

6

FLORENCE PARK COMMUNITY ASSOCIATION

STATEMENT OF THE TRUSTEES’ RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity and which enable them to ascertain both the financial position of the charity and ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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FLORENCE PARK COMMUNITY ASSOCIATION

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF FLORENCE PARK COMMUNITY ASSOCIATION

I report on the accounts of the Trust for the period ended 31 December 2025, which are set out on pages 9 to 17.

Respective responsibilities of trustees and examiner

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 section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.

Independent examiner’s statement

No matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met or

Name: Sheila Parry FCCA

Address: Peace House 19 Paradise Street Oxford OX1 1LD

Date: 5[th] June 2026

8

FLORENCE PARK COMMUNITY ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Note
Income from:
Donations and
legacies
2
Charitable activities
3
Other trading
activities
4
Investments
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income / -expenditure
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought
forwards
Total funds carried forward
Unrestricted
Funds
£
6,280
53,731
8,033
158
68,202
60,400
60,400
7,802
5,494
13,296
43,828
57,124
Restricted
Funds
£
47,263
-
-
-
47,263
10,925
10,925
36,835
- 5,494
30,844
6,513
37,357
Total
Funds
2025
£
53,543
53,731
8,033
158
Unrestricted
Funds
£
5,693
43,169
7,946
79
56,887
49,546
49,546
7,341
1,921
9,262
34,566
43,828
Restricted
Funds
£
6,691
2,663
-
-
9,354
5,561
5,561
3,793
- 1,921
1,872
4,641
6,513
Total
Funds
2024
£
12,384
45,832
7,946
79
115,465 66,241
71,325 55,107
71,325 55,107
44,140
-
11,134
-
44,140 11,134
50,341 39,207
94,481 50,341

All recognised gains and losses are included in the Statement of Financial Activities.

9

FLORENCE PARK COMMUNITY ASSOCIATION

BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2025

Note
Fixed Assets
Tangible assets
6
Current assets
Debtors: Amounts falling due within one
year
7
Cash at bank and in hand
Creditors: Amounts falling due within one
year
8
Net current assets
Net assets
The funds of the charity
Funds
Unrestricted income funds
Restricted income funds
Total funds
9
2025
£
£
10,614
875
83,642
84,517
- 650
83,867
94,481
57,124
37,357
94,481
2024
£
£
5,869
1,115
44,733
45,848
- 1,376
44,472
50,341
43,828
6,513
50,341
2024
£
£
5,869
1,115
44,733
45,848
- 1,376
44,472
50,341
43,828
6,513
50,341
50,341
43,828
6,513
50,341

These accounts were approved by the board of trustees on 06/05/2026 and signed on their behalf by:-

Daniel Chivers

Rebecca Seaborne

Treasurer

Secretary

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FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. STATEMENT OF ACCOUNTING POLICIES

Accounting convention

These accounts have been prepared under the historical cost convention, and in accordance with the Statements of Recommended Practice 2019 (SORP 2019), ‘Accounting and Reporting by Charities’, issued by the Charities Commission and the Charities Act 2011, together with applicable standards.

Income

Income represents income receivable from room hire, rental income, fundraising, donations, gifts and interest received.

Donations and legacies are reported in the Statement of Financial Activities if they are received or due in the financial year.

Any income received relating to a forward period has been deferred.

Grants receivable are included in the year in which the offer is conveyed by the charity except in those cases where the offer has conditions, such grants being recognised as income when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are not included in the financial statements.

Expenditure

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for such expenditure, inclusive of any VAT which cannot be recovered.

Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered that are subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

Resources are expended in the furtherance of the charity’s objectives.

Depreciation

Depreciation is provided at the following rates so as to write off the cost less residual value of the assets over their estimated useful lives. A full year’s depreciation is provided in the year of acquisition.

Office and other equipment – straight line basis at 6.67% to 20% per annum, depending on useful life. Leasehold improvements – straight line basis at 4% to 10% per annum depending on useful life. Outdoor equipment - straight line basis at 10% per annum. Assets under construction – not depreciated

Items included in fixed assets are capitalised where there is an identifiable asset and / or when the purchase cost exceeds £1000

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FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Fund accounting

Funds held by the charity are either:-

Unrestricted general funds – these are funds which can be used in accordance with the charity’s objectives at the discretion of the trustees.

Restricted funds – funds received can only be used for specifically nominated expenditure by the donor and are credited to income in the year in which they are received. Where amounts are not specifically allocated against expenditure in that year the balance is deferred and added to the balance brought forward on the restricted funds and is used in subsequent years in line with the restrictions placed by the donor.

Taxation

The organisation, being a charity, is not liable to taxation on its income.

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FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

2. INCOME FROM DONATIONS

Donations
Held for
Social Club
Grants
TOTAL
Unrestricted
Funds
£
6,280
-
-
6,280
Restricted
Funds
£
-
12,000
35,263
47,263
Total
Funds
2025
£
6,280
12,000
35,263
Unrestricted
Funds
£
5,693
-
-
5,693
Restricted
Funds
£
2,441
-
4,250
6,691
Total
Funds
2024
£
8,134
-
4,250
53,543 12,384

3. INCOME FROM CHARITABLE ACTIVITIES

Room Hire
Entertainments
Newsletter
Over 60's Club
Subscriptions
Panto tickets
Panto other
Baby Group
TOTAL
Unrestricted
Funds
£
43,267
2,600
10
1,952
1,147
3,052
-
1,703
53,731
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
Total
Funds
2025
£
43,267
2,600
10
1,952
1,147
3,052
-
1,703







Unrestricted
Funds
£
36,700
680
-
1,247
839
3,148
420
135
43,169
Restricted
Funds
£
124
-
-
132
-
-
2,407
2,663
Total
Funds
2024
£
36,824
680
-
1,379
839
3,148
420
2,542
53,731 45,832

4. INCOME FROM OTHER TRADING ACTIVITIES

Community Café/
Sunday Lunch
FPSC Other
Other income
Bar rent
TOTAL
Unrestricted
Funds
£
1,997
213
1,530
4,293
8,033
Restricted
Funds
£
-
-
-
-
-
Total
Funds
2025
£
1,997
213
1,530
4,293
Unrestricted
Funds
£
2,407
581
362
4,596
7,946
Restricted
Funds
£
-
-
-
-
-
Total
Funds
2024
£
2,407
581
362
4,596
8,033 7,946

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FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

5. EXPENDITURE ON CHARITABLE ACTIVITIES

Accountancy
Staff costs
Bank charges
Cleaning
FPSC
Depreciation
Heating and lighting
Improvements
Insurance
Legal Fees
Baby Group
Over 60's Club
Energy improvements
Events costs/ Panto
Printing, postage &
stationery
Rates
Repairs and
maintenance
Room Hire
Security
Caretaker
Telephones and
internet
TV and other
licences/Subscriptions
Water
Waste and Recycling
Gifts
Other expenses
TOTAL
Unrestricted
Funds
£
770
22,650
351
8,241
2,088
1,534
7,842
-
1,631
-
32
2,386
-
1,973
82
284
1,808
100
113
599
531
2,041
2,706
1,166
204
1,268
60,400
Restricted
Funds
£
-
4,156
-
-
-
-
-
-
-
-
-
-
1,377
56
-
-
5,336
-
-
-
-
-
-
-
-
-
10,925
Total
Funds
2025
£
770
26,806
351
8,241
2,088
1,534
7,842
-
1,631
-
32
2,386
1,377
2,029
82
284
7,144
100
114
599
531
2,041
2,706
1,166
204
1,268
Unrestricted
Funds
£
660
19,651
388
8,361
965
1,232
5,282
583
1,452
35
-
1,838
-
1,291
398
59
453
-
417
-
442
1,868
2,662
1,309
-
200
49,546
Restricted
Funds
£
-
5,380
-
24
70
-
-
87
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,561
Total
Funds
2024
£
660
25,031
388
8,385
1,035
1,232
5,282
670
1,452
35
-
1,838
-
1,291
398
59
453
-
417
-
442
1,868
2,662
1,309
-
200
71,325 55,107

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FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

6. TANGIBLE ASSETS

. TANGIBLE ASSETS
Property
Improvements
Equipment Total cost
£ £ £
Cost
Cost at 1 Jan 2025 4,939 7,384 12,323
Disposals - - 1,919 - 1,919
Additions 1,702 5,311 7,013
At 31 Dec 2025 6,641 10,776 17,417
Depreciation
At 1 Jan 2025 1,385 5,069 6,454
Written back on disposals - - 1,185 - 1,185
Charge for the period 494 1,040 1,534
At 31 Dec 2025 1,879 4,924 6,803
Net book value
At 31 Dec 2025 4,762 5,852 10,614
At 31 Dec 2024 3,554 2,315 5,869

7. DEBTORS

Prepayments 2025
£
875
875
2024
£
1,115
1,115

8. CREDITORS: amounts falling due within one year

Other creditors
Panto income received in
advance
2025
£
650
-
650
2024
£
1,093
283
1,376

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FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

9. MOVEMENT IN FUNDS
At 31
December
2024
£
Unrestricted income
funds
General Funds
43,152
Designated Funds
Over 60s Club
676
Baby Group
-
Lounge
-
News
-
Sound
-
Total Designated
funds
676
Total Unrestricted
funds
43,828
Restricted Funds
Newsletter
390
Over 60s Group
3,443
Period poverty group
126
Cooker
2,554
Flood
-
Lounge
-
CCTV
-
AGM
-
Energy
-
Exercise
-
Held for Social
-
Total Restricted
funds
6,513
Total funds
50,341
Income
£
61,306
2,152
4,238
497
10
-
6,896
68,202
-
-
-
-
999
4,619
2,694
30
26,271
650
12,000
47,263
115,465
Expenditure
£
- 54,024
- 2,386
- 3,465
-
-
- 525
- 6,376
- 60,400
-
- 4,156
-
- 46
-
- 5,290
-
- 56
- 1,377
-
-
- 10,925
- 71,325
Capital
expenditure
7,013
-
-
-
-
-
-
7,013
-
-
-
- 2,473
-
-
- 2,838
-
- 1,702
-
-
- 7,013
-
Transfers
£
- 1,547
-
-
- 497
-
525
28
- 1,519
-
713
-
- 35
-
671
144
26
-
-
-
1,519
-
At 31
December
2025
£
55,900
442
773
-
10
-
1,224
57,124
390
-
126
-
999
-
-
-
23,192
650
12,000
37,357
94,481

16

FLORENCE PARK COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

MOVEMENT IN FUNDS - Previous year
At 31
December
2023
£
Unrestricted income funds
General Funds
34,566
Designated Funds
Over 60s Club
Total Designated funds
-
Restricted Funds
Garden Project
1,971
Newsletter
390
Baby Group
Over 60s Group
2,280
Period poverty group
-
Cooker
-
Total Restricted funds
4,641
Total funds
39,207
Income
£
55,122
1,765
1,765
-
-
2,663
3,900
150
2,641
9,354
66,241
Expenditure
£
- 47,708
- 1,838
- 1,838
-
-
- 2,713
- 2,737
- 24
- 87
- 5,561
- 55,107
Transfers
£
1,172
749
749
- 1,971
-
50
-
-
-
- 1,921
-
At 31
December
2024
£
43,152
676
676
-
390
-
3,443
126
2,554
6,513
50,341

12. TRUSTEE REMUNERATION, TRUSTEE EXPENSES AND RELATED PARTY TRANSACTIONS

No members of the management committee received any remuneration during the period. No committee costs were reimbursed to trustees during the period. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the period.

13. STAFF COSTS AND EMPLOYEE BENEFITS

Gross pay
Social security costs
Pension contributions
2025
25,881
-
-
25,881
2024
25,142
-
175
25,317

14. REMUNERATION AND BENEFITS RECEIVED BY KEY MANAGEMENT PERSONNEL

The key management personnel of the charity are the voluntary trustees. There are therefore no remuneration or benefits of the key management personnel to disclose.

17