2025-03-31-accounts - Southdene Community Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

SOUTHDENE COMMUNITY ASSOCIATION

Report of the Trustees and unaudited Financial Statements

For the year ended 31[st] March 2025

Registered Charity Number: 1160825 Company Number: 08948788

EDWARDS ACCOUNTANCY SERVICES LIMITED ROCKFIELD HOUSE GALE ROAD LIVERPOOL L33 7YE

SOUTHDENE COMMUNITY ASSOCIATION Contents Page For the year ended 31 March 2025

CONTENTS PAGE
Report of the Trustees 1
Independent Examiners Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 7

SOUTHDENE COMMUNITY ASSOCIATION Report of the Trustees For the year ending 31 March 2025

The Trustee, who are also directors for the purpose of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ending 31 March 2025.

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Registration number: 1160825 Company Registration Number: 08948788 Principle Address: Southdene Community Association Broad Lane Southdene Kirkby Liverpool L32 6QG Trustees: Marina Morgan Paula Lomas John Morgan Paul Johnson Thomas Cashen Stephen Summers Independent Examiner: Edwards Accountancy Services Limited Rockfield House Gale Road Liverpool L33 7YE

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006.

Approved by the Board and signed on its behalf by:

…………………………………………………….. John Morgan Trustee

SOUTHDENE COMMUNITY ASSOCIATION Independent Examiners Report to the Trustees For year ended 31 March 2025

I report on the accounts of the charitable company for the year ended 31 March 2025, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Respective responsibilities of trustees and examiner

The Trustee, who are also directors for the purpose of company law, are responsible for the preparation of the accounts. The trustee 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 required.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

Examine the account under Section 145 of the 2011 Act;
To follow the procedure laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
To state whether particular matters have come to my attention.

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 charitable company and comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures 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 out in the statement below.

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) Which gives me reasonable cause to believe that, in any material respect, the requirements:
To keep accounting records with 386 and 387 of Companies Act 2006, and
To prepare accounts with accord with the accounting records and comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by charities and in accordance Accounting and Reporting by Charities and in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) effective 1 January 2015)

Have not been met, or

(2) To which, in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.

……………………………………………… EDWARDS ACCOUNTANCY SERVICES LTD ROCKFIELD HOUSE GALE ROAD KNOWSLEY LIVERPOOL L33 7YE

SOUTHDENE COMMUNITY ASSOCIATION

Statement of Financial Activities (Including Income and Expenditure Account) For the year ended 31 March 2025

Notes Income and endowments from: Donations grants and legacies 1 Other Trading activities 2 Total Expenditure on: Restricted Funds 3 Unrestricted Funds 5 Total Net Income Reconciliation of Funds Total Funds brought forward Total funds carried forward	2024 2025 £ £ 115436 178794 40438 49776 155874 228570 (90355) (130914) (46232) (84086) (99007) (215000) 19287 13570 37615 56902 56902 70472

SOUTHDENE COMMUNITY ASSOCIATION

Balance Sheet As at 31 March 2025

Notes Current Assets Stock 8 Debtor Cash at Bank and in hand Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 9 Restricted income funds 9 Total funds	2024 £ 1480 0 55422 56902 56902 56902 56902 80100 (23198) 56902

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have no required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provision applicable to companies’ subject to the small companies’ regime.

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

…………………………………………………..

John Morgan

SOUTHDENE COMMUNITY ASSOCIATION

Notes to the Financial Statements For the year ended 31 March 2025

1 Income from Donations, Grants and Legacies

Restricted Funds Restricted Funds 2 Income earned from other activities Unrestricted Funds Other activities for generating funds	2024 £ 115436 115436 2024 £ 40438 40438	2025 £ 178794 178794 2025 £ 49776 49776

3 Expenditure on generation donations, grants and legacies

Restricted Funds Payroll Building Repairs Unrestricted Funds Donations	2024 2025 £ £ 84569 128908 5786 2006 90355 130914 2024 2025 £ £ 25014883 250 14883

4 Expenditure on other trading activities

Unrestricted Funds Café purchases Other purchases Support Cost Fund raising events	2024 £ 4393 8994 2080 655 16122	2025 £ 11392 2338 29350 850 43930

5 Governance costs

Unrestricted Funds Accountancy Fees Legal Fees Premises Costs Motor Travel Expenses Other Office Costs	2024 £ 1052 748 23953 1774 2333 29860	2025 £ 1198 520 19439 2049 2067 25273

6 Analysis and Support Costs

7 8	Voluntary Income Finance OTHER CHARITY Net Income/ (expenditure) for the year Stocks and Work In Progress Stock			2024 £ 0 0 19287 2024 £ 1480 1480	2025 £ 0 0 13570 2025 £ 1540 1540

SOUTHDENE COMMUNITY ASSOCIATION

Notes to the Financial Statements For the year ended 31 March 2025

9 Movement in Funds

	Balance at Income Outgoing Balance as at
	01/04/2024 Resources Recourses 31/03/2025
	£ £ £ £
Designated
Restricted	80100 178794 (130914) 127980
Unrestricted	(23198) 49776 (84086) (57508)
	56902228570 (215000) 70472

Purpose of unrestricted Funds

Donations CHARITY EVENTS General CHARITY EVENTS Purpose of restricted Funds

Grants PAYROLL / BUILDING REPAIRS

10 Analysis of net assets between funds

Restricted Funds Grants Unrestricted Funds Donations Etc	2024 £ 80100 (23198) 56902	2025 £ 127980 (57508) 70472