Charity number: 1160317
Glamis Hall For All
statements for the year ended 31 March 2025
Natalie Green & Co Chartered Accountants 7G Mobbs Miller House Christchurch Road Northampton NN1 5LL
Glamis Hall For All
for the year ended 31 March 2025
| eport and fnancial statements or the year ended 31 March 025 |
|
|---|---|
| Contents | Pages |
| Legal and administrative information 1 | |
| Trustees’ annual report | 2 to 6 |
| Independent examiner’s report 7 | |
| Statement of fnancial activities | 8 |
| Balance sheet 9 | |
| Notes to the fnancial statements 11 to 19 Statement of cash fows |
10 |
1
Glamis Hall For All Report and financial statements for the year ended 31 March 2025
Legal and administrative information
Registered charity number: 1160317
HMRC reference: EW35950
Trustees:
Heather Saunders - Chair Gary L Johnson - Vice Chair Gary Saunders - Treasurer Graham Campbell Elizabeth Coombe Sarah Gouffini Laura Johnson
Address:
Glamis Hall Goldsmith Road Wellingborough Northamptonshire NN8 3RU
Independent examiner :
Natalie Green Natalie Green & Co Chartered Accountants 7G Mobbs Miller House Christchurch Road Northampton NN1 5LL
Bankers :
Co-operative Bank Plc PO Box 101 1 Balloon Street Manchester M60 4EP
2
Glamis Hall For All Trustees’ report for the year ended 31 March 2025
ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a constitution dated 3 February 2015, and is established as a charitable incorporated organisation.
Appointment of trustees
As set out in the constitution, the number of trustees shall be not less than three but (unless otherwise determined by ordinary resolution) no more than ten. The Board of Trustees has the power to appoint additional trustees according to the rules set out in the constitution. The Chair of Trustees is nominated by the Board of Trustees.
Trustee induction and training
New trustees undergo an orientation to brief them on their obligations under charity law, the Charity Commission guidance on public benefit, content of the constitution, the committee and decision-making processes, the business plan and recent financial performance of the charity. During the induction they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Organisation structure
The charity has a Board of Trustees who are appointed from the charity’s volunteer body. Trustees are sought from a wide range of social backgrounds and experiences.
The Board of Trustees meets at least four times a year. They appoint a Centre Manager and Care Manager who are directly accountable to them and who are responsible for the day to day management of the two core sections of the charity's activities: building management which includes hires and clubs, and the day care centre. Trustees are updated on major activities and important issues at meetings and are involved in specific projects to develop the work of the charity.
Trustees are responsible for agreeing the strategies of the charity, ensuring compliance with all relevant laws and governing documents, agreeing policies, setting financial budgets and ensuring compliance with financial and operational targets.
3
Glamis Hall For All Trustees’ report - continued for the year ended 31 March 2025
Organisation structure - continued
The views and opinions of the staff and volunteers are sought and appreciated by the trustees on all matters regarding the charity's activities, policies and strategies in accordance with the objects of the charity. The trustees are very grateful for all the support and hard work of all members of staff and volunteers, without which the charity would not continue to flourish.
OBJECTIVES AND ACTIVITIES
of the Borough of Wellingborough, without distinction of age, disability, 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 advance education and 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".
To this end the charity maintains, manages and develops Glamis Hall, a community centre in Wellingborough, Northamptonshire. Activities include a day centre for the over 50s and indoor and outdoor facilities which are hired to a wide range of clubs and groups. Other activities are the Youth club for 7-15 year olds, regular Boot Sales and Summer and Christmas festivals.
FINANCIAL REVIEW
The total income for the year was £593,474 (2024 - £331,809) and the total resources expended were £410,475 (2024 - £366,350).
attached accounts.
GRANTS RECEIVED
Grants totalling £257,569 were received during the year:
A grant of £10,000 was received from North Northamptonshire Council to support community engagement.
4
Glamis Hall For All Trustees’ report - continued for the year ended 31 March 2025
GRANTS - continued
A grant of £1,250 was received from North Northamptonshire Council to help support the Youth Club.
received to help fund replacement of the flat roof, improved insulation, solar panels and solar battery storage.
Grants totalling £4,974 were received from North Northamptonshire Council to contribute to the theatre group, the day centre, the pre-school group and to help provide mindfulness sessions to children.
Grants totalling £31,209 were received from the North Northamptonshire Council Shared Prosperity Fund to help provide training courses to the community on sustainability.
A grant of £4,980 was recived from National Grid to provide warm packs.
A grant of £300 was received from the In Memory of Ronalds group to provide water safey courses.
Some grants were paid in varying instalments during the year.
5
Glamis Hall For All Trustees’ report - continued for the year ended 31 March 2025
DONATIONS
Donations totalling £17,226 were received during the year, including the following which individually amounted to £1,000 or over:
£2,000 from J Mason in memory of Shirley Mason.
RISK MANAGEMENT
The charity has insurance cover for legal liabilities associated with its operations and events including Public, Employee and Trustees' Liability Insurance. The charity recognises that is has a legal and moral duty to minimise personal risks to its members, staff, volunteers and the public.
Risk management is a standing item at Governance meetings and a risk register is maintained by trustees. Each risk on the register is reviewed at least annually. Among the items on this register are falling numbers of volunteers and trustees.
The trustees are mindful that the majority of people involved in the work of the charity are volunteers. The activities of the charity could not continue without the support of a sufficient number of volunteers and paid staff, and volunteers are sought from the wider community. Should the number of trustees fall below the constitutional minimum of three, the remaining trustees would adopt the dissolution policy as required by the constitution. The building and its grounds would be handed back to the North Northamptonshire Council and any residual funds donated to charities supporting elderly people to be determined by the trustees remaining at the time.
FUTURE DEVELOPMENTS
The charity plans to:
-
Continue to grow the membership of the VlP Club (day centre)
-
Continue to claim Gift Aid as appropriate
-
Expand partnerships with local organisations
-
Expand the team of volunteers to enable the charitable activities
-
Expand the website to include on-line payments, donations and sponsorship
-
Seek to obtain grants from organisations, lottery funds and other charitable trusts
-
Grow the provision of youth and community activities
-
Increase regular room hires
-
Complete the renovation of the building
-
Further reduce the charity’s carbon footprint.
6
Glamis Hall For All Trustees’ report - continued for the year ended 31 March 2025
RESERVES POLICY
The General fund represents the free reserves of the charity arising from past operating results. The Board of Trustees have examined the requirement to maintain free reserves and have approved a policy that requires them to maintain reserves represented by net current assets of six months’ expenditure. The free reserves as stated in these accounts, representing unrestricted funds less the designated funds, stood at £670,225 (2024 - £451,320) but these include amounts set against capital expenditure that cannot be accessed, and so the Trustees continue to work towards an actual reserve of six months’ running costs which, based on these accounts, is £205,237. The trustees meet regularly to monitor and review the policy.
TRUSTEES’ RESPONSIBILITIES
statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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 year. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP 2019 (FRS 102);
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the trust deed. 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 .
Approved by the trustees and signed on their behalf by
Heather Saunders
Date: 23 October 2025
7
Glamis Hall For All Independent Examiner’s report to the Trustees of Glamis Hall For All for the year ended 31 March 2025
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 8 to 19.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Natalie Green
Chartered Accountant 7G Mobbs Miller House, Christchurch Road, Northampton, NN1 5LL. Date: 23 October 2025
8
Glamis Hall For All Statement of financial activities for the year ended 31 March 2025
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Notes | funds |
funds | 2025 | 2024 | |
| £ | £ | £ total |
£ total |
||
| Income from: | |||||
| Donations and grants | 3 | 17,226 |
270,654 | 287,880 | 50,699 |
| Charitable activities | 4 | 289,187 |
- | 289,187 | 264,339 |
| Other trading activities | 5 | 11,594 |
- | 11,594 | 12,040 |
| Investments | 6 | 4,813 |
- | 4,813 | 4,731 |
| 322,820 | 270,654 | 593,474 | 331,809 | ||
| Expenditure on: | |||||
| Raising funds | 7 | 3,101 |
- | 3,101 | 2,596 |
| Charitable activities | 8 | 359,707 | 45,027 | 404,734 | 360,839 |
| Other | 9 | 2,640 |
- | 2,640 | 2,915 |
| Total expenditure | 365,448 | 45,027 | 410,475 | 366,350 | |
| Net income/(expenditure) | (42,628) | 225,627 | 182,999 | (34,541) | |
| Transfers between funds | 16 | 235,335 |
(235,335) | - | - |
| Net movement in funds in year | 192,707 | (9,708) | 182,999 | (34,541) | |
| Total funds brought forward | 477,818 | 26,964 | 504,782 | 539,323 | |
| Total funds carried forward | 16 | 670,525 |
17,256 | 687,781 | 504,782 |
All income and expenditure derive from continuing activities.
9
Glamis Hall For All Balance sheet as at 31 March 2025
| Notes | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 13 | 560,950 | 372,073 |
| Current assets | |||
| Debtors | 14 | 31,918 | 15,338 |
| Cash at bank and in hand | 141,837 | 164,258 | |
| 173,755 | 179,596 | ||
| Creditors: amounts falling due within one year | 15 | (46,924) | (46,887) |
| Net current assets | 126,831 | 132,709 | |
| Net assets | 687,781 | 504,782 | |
| Charity funds | |||
| Restricted | 16 | 17,256 | 26,964 |
| funds | |||
| Unrestricted funds | 16 | 670,525 | 477,818 |
| Total charity funds | 687,781 | 504,782 |
October 2025 and signed on their behalf by:
Heather Saunders Chair of Trustees
10
Glamis Hall For All Statement of cash flows for the year ended 31 March 2025
| lamis Hall For All Statement of ash fows for the year ended 31 March 2025 |
||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Cash fows from operating activities | ||
| Net cash generated from operations (see below) | 200,552 | 6,784 |
| Interest paid | (1,467) | - |
| Net cash generated from operating activities | 199,085 | 6,784 |
| Purchase of tangible fxed assets Cash fows from investing activities |
(226,319) | (4,362) |
| Interest received | 4,813 | 4,731 |
| (221,506) | 369 | |
| (Decrease)/increase in cash and cash equivalents | (22,421) | 7,153 |
| Cash and cash equivalents at beginning of year | 164,258 | 157,105 |
| Cash and cash equivalents at end of year | 141,837 | 164,258 |
| Reconciliation of income/(expenditure) to cash generated from operations | ||
| 2025 | 2024 | |
| £ | £ | |
| Net income/(expenditure) | 182,999 | (34,541) |
| Adjustments for: | ||
| Interest | 1,467 | - |
| Interest receivable expense |
(4,813) | (4,731) |
| Depreciation of tangible fxed assets | 37,442 | 41,187 |
| Movement in working capital | ||
| Increase in trade and other | (16,580) | (2,600) |
| Increase in trade and other creditors debtors |
37 | 7,469 |
| Net cash generated from operations | 200,552 | 6,784 |
Cash and cash equivalents
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash at bank and in hand | 141,837 | 164,258 |
11
Glamis Hall For All Notes to the financial statements for the year ended 31 March 2025
1 Accounting policies
Glamis Hall For All is a charitable incorporated organisation (CIO). In the event of the charity being wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. The address is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are set out in the Trustees’ Report.
statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 (SORP 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Accounting Practice.
cost convention. The financial statements are presented in sterling which is the functional currency of the charity.
are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Fund accounting
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the
imposed by donors or which have been raised by the charity for particular purposes. The
12
Glamis Hall For All Notes to the financial statements - continued for the year ended 31 March 2025
1 Accounting policies - continued
Income recognition
legally entitled to the income and the amount can be quantified with reasonable accuracy.
Income from grants is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred .
Expenditure recognition
headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Pension costs
employees. The costs of contributions are written off against net income in the year they are payable.
computed to write off the cost less estimated residual value of tangible fixed assets over their expected useful lives on a straight line basis using the following rates:
Freehold property 2% on cost Equipment 10% or 20% on cost Motor vehicles 20% on cost
The charity does not capitalise items with a cost of less than £200.
13
statements - continued for the year ended 31 March 2025
2 Donated facilities
The charity was granted the freehold of the Glamis Hall Day Centre by the former Borough Council of Wellingborough at a cost of £1. The charity offered the Council the right of pre-emption in the event of the charity wishing to make a disposal of it during a specified period. There are two conditions for the transfer of the freehold which if broken would mean the title would return to the Council:
-
the charity must not cease to be a charity, and
-
any amendment to the objects of the charity must not cause residents in the area of the former Borough Council of Wellingborough to cease to be the primary beneficiaries of the charity.
3 Income from donations and grants
| Income from donations and | grants | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | 2025 | 2024 | ||
| £ | £ | £ total |
£ total |
||
| Donations and gift aid | 17,226 | - | 17,226 | 14,336 | |
| Grants | - | 270,654 | 270,654 | 36,363 | |
| 17,226 | 270,654 | 287,880 | 50,699 |
4 Income from charitable activities
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| funds | funds | 2025 total | 2024 total | ||
| £ | £ | £ | £ | ||
| Day centre | 194,840 | - | 194,840 | 185,260 | |
| Cafe | 11,497 | - | 11,497 | 9,438 | |
| Hair and beauty | 3,358 | - | 3,358 | 2,015 | |
| Baths | 5,894 | - | 5,894 | 5,009 | |
| Transport | 20,352 | - | 20,352 | 16,642 | |
| Membership | 2,650 | - | 2,650 | 1,600 | |
| Hall hire | 49,128 | - | 49,128 | 41,773 | |
| Youth club | 432 | - | 432 | 287 | |
| Shopping service | 1,036 | - | 1,036 | 2,315 | |
| 289,187 | - | 289,187 | 264,339 |
14
statements - continued for the year ended 31 March 2025
5 Income from other trading activities
| Income from other trading activiti | es | es | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | 2025 total | 2024 total | |||
| £ | £ | £ | £ | |||
| Fundraising events | 10,972 | - | 10,972 | 11,329 | ||
| Lottery net income | 622 | - | 622 | 711 | ||
| 11,594 | - | 11,594 | 12,040 | |||
| Income from investments | ||||||
| Unrestricted | Restricted | 2025 total | 2024 total | |||
| funds | funds | |||||
| £ | £ | £ | £ | |||
| Bank interest | 4,813 | - | 4,813 | 4,731 | ||
| 4,813 | - | 4,813 | 4,731 | |||
| Expenditure on raising funds | ||||||
| Unrestricted | Restricted | 2025 total | 2024 total | |||
| funds | funds | |||||
| £ | £ | £ | £ | |||
| Events | 3,101 | - | 3,101 | 2,596 | ||
| 3,101 | - | 3,101 | 2,596 |
6 Income from investments
7 Expenditure on raising funds
15
statements - continued for the year ended 31 March 2025
8 Expenditure on charitable activities
| Expenditure on charitable activities | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2025 total | 2024total | |||
| funds | funds | |||||
| £ | £ | £ | £ | |||
| Food costs - kitchen | 31,060 | - | 31,060 | 29,912 | ||
| Food costs - cafe | 6,065 | - | 6,065 | 5,551 | ||
| Consumables - venue | 1,269 | - | 1,269 | 932 | ||
| Consumables - day centre | 2,047 | - | 2,047 | 1,001 | ||
| Consumables - kitchen | 24 | - | 24 | (58) | ||
| Hair and beauty | 2,491 | - | 2,491 | 1,255 | ||
| Clubs expenses | 392 | - | 392 | 130 | ||
| Shopping service expenses | 1,383 | - | 1,383 | 2,197 | ||
| Staff costs (note 10) | 195,405 | - | 195,405 | 172,980 | ||
| Other staff costs | 569 | - | 569 | 766 | ||
| Water rates and business rates | 2,703 | - | 2,703 | 4,768 | ||
| Heat and light | 21,074 | - | 21,074 | 21,553 | ||
| Cleaning | 4,378 | - | 4,378 | 3,752 | ||
| Repairs and maintenance | 16,226 | - | 16,226 | 9,144 | ||
| Motor and travel | 8,259 | - | 8,259 | 4,308 | ||
| Computer costs | 2,732 | - | 2,732 | 1,280 | ||
| Advertising | 596 | - | 596 | 2,348 | ||
| Printing, postage and stationery | 278 | - | 278 | 581 | ||
| Telephone | 4,013 | - | 4,013 | 3,732 | ||
| Protective clothing and equipment | 329 | - | 329 | 139 | ||
| Insurance | 13,176 | - | 13,176 | 12,107 | ||
| Licences | 1,388 | - | 1,388 | 1,332 | ||
| Subscriptions | 2,343 | - | 2,343 | 2,668 | ||
| Bank charges | 1,025 | - | 1,025 | 2,393 | ||
| Loan interest | 1,465 | - | 1,465 | - | ||
| Depreciation | 37,442 | - | 37,442 | 41,187 | ||
| Costs met from grants | 45,027 | 45,027 | 28,867 | |||
| Ukraine project | 1,575 | - | 1,575 | 6,014 | ||
| 359,707 | 45,027 | 404,734 | 360,839 |
16
statements - continued for the year ended 31 March 2025
9 Other expenditure
| Other expenditure | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2025 total | 2024total | ||
| funds | funds | ||||
| £ | £ | £ | £ | ||
| Independent examiner: | |||||
| independent examination | 700 | - | 700 | 700 | |
| fee Independent examiner - | |||||
| other accountancy fees | 1,940 | - | 1,940 | 1,760 | |
| Other professional fees | - | - | - | 455 | |
| 2,640 | - | 2,640 | 2,915 |
10 Staff costs
| 0Staf costs | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2025 total | 2024 total | ||
| funds | funds | ||||
| £ | £ | £ | £ | ||
| Wages and salaries | 183,452 | - | 183,452 | 163,806 | |
| Employer national insurance | 9,211 | - | 9,211 | 7,151 | |
| Employer pension | 2,742 | - | 2,742 | 2,023 | |
| contributions | |||||
| 195,405 | - | 195,405 | 172,980 |
The average number of staff employed during the year was 9 (2024 - 10).
No employees had emoluments in excess of £60,000 (2024- none).
11 Trustees’ remuneration
The trustees did not receive any remuneration and did not have any expenses reimbursed during the year or the previous year.
12 Pension costs
scheme are held separately from those of the company. The pension cost charge represents contributions payable by the company to the fund and amounted to £2,742 during the year (2024 - £2,023)
17
statements - continued for the year ended 31 March 2025
13
| Freehold | Motor | |||
|---|---|---|---|---|
| property | vehicles | Equipment | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
| At 1 April 2024 | 389,639 | 217,812 | 37,421 | 644,872 |
| Additions | 167,200 | - | 59,119 | 226,319 |
| At 31 March 2025 | 556,839 | 217,812 | 96,540 | 871,191 |
| Depreciation | ||||
| At 1 April 2024 | 48,866 | 204,012 | 19,921 | 272,799 |
| Charge for the year | 11,137 | 13,800 | 12,505 | 37,442 |
| At 31 March 2025 | 60,003 | 217,812 | 32,426 | 310,241 |
| Net book value | ||||
| At 31 March 2025 | 496,836 | - | 64,114 | 560,950 |
| At 31 March 2024 | 340,773 | 13,800 | 17,500 | 372,073 |
Freehold property relates to Glamis Hall, Goldsmith Road, Wellingborough, and includes the transfer cost from the former Borough Council of Wellingborough, which was £1.
The freehold property value of Glamis Hall for All includes all funds spent on improvements to the fabric and decoration of the building. However none of these works improve the monetary value of the premises due to the agreement with the former Borough Council of Wellingborough. See note 2 to these accounts for further information.
14 Debtors
| Other debtors Prepayments and accrued income Trade debtors |
31,918 3,377 10,084 18,457 £ 2025 |
15,338 - 9,945 5,393 £ 2024 |
|---|---|---|
18
statements - continued for the year ended 31 March 2025
15 Creditors - amounts falling due within one year
| Accrualsand deferred income Other creditor Other tax and social security Trade creditors |
46,924 35,369 1,103 5,734 4,718 £ 2025 |
46,887 37,481 1,082 3,067 5,257 £ 2024 |
|---|---|---|
16 Fund reconciliation
| 6Fund reconciliation | ||||
|---|---|---|---|---|
| Net | ||||
| At | incoming | At | ||
| 01/04/2024 | resources | Transfers | 31/03/2025 | |
| £ | £ | £ | £ | |
| Restricted funds | 26,964 | 225,627 | (235,335) | 17,256 |
| Unrestricted funds | ||||
| General unrestricted funds | 451,320 | (42,928) | 261,833 | 670,225 |
| Designated funds | 26,498 | 300 | (26,498) | 300 |
| 477,818 | (42,628) | 235,335 | 670,525 |
|
| Total funds | 504,782 | 182,999 | - |
687,781 |
In the case of performance related grants, a transfer is made from restricted funds to unrestricted funds once the relevant service has been provided. In the case of capital grants, a transfer is made from restricted funds to unrestricted funds once the relevant stage of a capital project has been completed, or once the relevant capital asset has been purchased.
Restricted funds at the year end relate to:
-
remaining grant monies totalling £12,051 received from North Northamptonshire Council which will be applied to the provision of future events and activities;
-
remaining grant monies totalling £4,905 received form the National Grid which will be used to provide warm packs;
-
a grant of £300 from the In Memory of Ronalds group which will be applied towards the provision of water safety course.
The designated fund which totals £300 at the balance sheet date will be applied towards future minibus replacement.
19
statements - continued for the year ended 31 March 2025
17 Analysis of net assets between funds
| 7Analysis of net assets between funds | ||||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| £ | £ | £ | ||
| Tangible fxed assets | - | 560,950 | 560,950 | |
| Cash at bank and in hand | 17,256 | 124,581 | 141,837 | |
| Other net current assets/(liabilities) | - | (15,006) | (15,006) | |
| 17,256 | 670,525 | 687,781 |
18 Related party transactions
There were no related party transactions requiring disclosure during the year (2024 none).