We continue to operate a community centre for the local and wider community. The main group being the Cliffe Active Retirement Association. We also have many other local groups use the centre for fund raising events, meetings and seminars. We sublet part of the building to a social club an a no profit to us arrangement. We also fund raise with various events Quiz nights, cabaret nights and fetes.  We have just started building an extension to the premisses and a complete refurbishment programme to be finished late 2025. 

Ian Downes  (chair) 



**Logo** 

## **Cliffe Woods Community Association** 

## **Management Report** 

**18th September 2025** 

**Prepared by Christopher John Fribbins** 



## **Table of Contents** 

|**Executive Summary**|**3**|
|---|---|
|**Profit & Loss**|**4**|
|**Balance Sheet**|**7**|
|**Cash Flow**|**8**|
|**Aged Debtors**|**11**|
|**Aged Creditors**|**12**|



**Cliffe Woods Community Association Management Report** 

**Page 2 of 12** 



## **Executive Summary** 

## **Report comparing FY 2024 and FY 2025** 

||**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Cash**||||
|**Cash Flow From Operations**||||
|**Cash in**|**60,942.85**|**50,561.10**|**20.5%**|
|**Cash out**|**(132,251.72)**|**(61,461.07)**|**(115.2%)**|
|**Net cash surplus (deficit)**|**(71,308.87)**|**(10,899.97)**|**(554.2%)**|
|**Cash Flow From Financing Activities**||||
|**Cash out**|**(166.75)**|**(168.85)**|**1.2%**|
|**Net cash surplus (deficit)**|**(166.75)**|**(168.85)**|**1.2%**|
|**Cash Flow From Investing Activities**||||
|**Net cash surplus (deficit)**|**(150.00)**|**(14.40)**|**(941.7%)**|
|**Cash Summary**||||
|**Net cash movements**|**(71,625.62)**|**(11,083.22)**|**(546.3%)**|
|**Closing cash balance**|**185,933.36**|**257,558.98**|**(27.8%)**|
|**Profitability**||||
|**Revenue**|**46,339.53**|**49,213.76**|**(5.8%)**|
|**Cost of sales**|**0.00**|**(150.00)**|**100%**|
|**Gross profit (loss)**|**46,339.53**|**49,063.76**|**(5.6%)**|
|**Other income**|**131.17**|**150.00**|**(12.6%)**|
|**Administrative expenses**|**(47,665.13)**|**(72,509.75)**|**34.3%**|
|**Other expenses**|**(85,644.17)**|**(1,657.58)**|**(5066.8%)**|
|**Finance costs**|**(166.75)**|**(168.85)**|**1.2%**|
|**Profit (loss)**|**(87,005.35)**|**(25,122.42)**|**(246.3%)**|
|**Balance Sheet**||||
|**Assets**|**156,514.43**|**243,519.78**|**(35.7%)**|
|**Net Assets**|**156,514.43**|**243,519.78**|**(35.7%)**|
|**Performance Indicators**||||
|**Number of invoices issued**|**3**|**3**|**0%**|
|**Average value of invoices**|**115.00**|**1,049.67**|**(89%)**|
|**Average credit terms (days)**|**30.00**|**15.67**|**91.5%**|
|**Average pay time (days)**|**26.33**|**11.33**|**132.4%**|



**Cliffe Woods Community Association Management Report** 

**Page 3 of 12** 



## **Profit & Loss** 


**----- Start of picture text -----**<br>
0<br>Profit/Loss<br>Income<br>Expenses<br>20,000<br>10,000<br>5,000<br>-5,000<br>-10,000<br>-20,000<br>Apr 23 Jun 23 Aug 23 Oct 23 Dec 23 Feb 24 Apr 24 Jun 24 Aug 24 Oct 24 Dec 24 Feb 25<br>**----- End of picture text -----**<br>


## **Report comparing FY 2024 and FY 2025** 

|**Revenue**|**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Cliffe Woods Social Club Rent**|**20,897.50**|**21,040.00**|**(0.7%)**|
|**Hall Hire**|**13,327.97**|**12,508.00**|**6.6%**|
|**PARISH COUNCIL CORONATION GRANT**|**0.00**|**2,000.00**|**(100%)**|
|**PARISH COUNCIL DONATION**|**5,000.00**|**5,000.00**|**0%**|
|**Total Revenue**<br>**Fund Raising**|**39,225.47**|**40,548.00**|**(3.3%)**|
|**Fund Raising Quiz**|**3,559.06**|**4,185.91**|**(15%)**|
|**Fund Raising Event**|**3,555.00**|**2,035.00**|**74.7%**|
|**Fund Raising Coronation**|**0.00**|**2,444.85**|**(100%)**|
|**Total Fund Raising**<br>**Cost of sales**|**7,114.06**|**8,665.76**|**(17.9%)**|
|**Hire Deposits Refund**|**0.00**|**(150.00)**|**100%**|
|**Total Cost of sales**|**0.00**|**(150.00)**|**100%**|
|**Gross Profit**|**46,339.53**|**49,063.76**|**(5.6%)**|
|**Administrative expenses**<br>**Salaries**||||
|**Salaries**|**(11,913.10)**|**(12,102.63)**|**1.6%**|
|**PAYE**|**(2,617.85)**|**(2,507.73)**|**(4.4%)**|
|**Total Salaries**<br>**Rent and rates**|**(14,530.95)**|**(14,610.36)**|**0.5%**|
|**Rent and rates**|**(523.94)**|**(268.80)**|**(94.9%)**|
|**Heat and lighting**|**(17,382.14)**|**(20,254.04)**|**14.2%**|
|**Insurance**|**(2,204.81)**|**(1,884.86)**|**(17%)**|



**Cliffe Woods Community Association Management Report** 

**Page 4 of 12** 



## **Profit & Loss** 

||**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Water & Sewage**|**12,045.31**|**(14,646.20)**|**182.2%**|
|**Total Rent and rates**<br>**Communications**|**(8,065.58)**|**(37,053.90)**|**78.2%**|
|**Telephone**|**0.00**|**(111.60)**|**100%**|
|**Total Communications**<br>**General administration**|**0.00**|**(111.60)**|**100%**|
|**General admin**|**(77.47)**|**0.00**|**-**|
|**Cleaning**|**(1,558.21)**|**(538.61)**|**(189.3%)**|
|**Computer Software**|**(877.44)**|**(368.40)**|**(138.2%)**|
|**Total General administration**<br>**Professional fees**|**(2,513.12)**|**(907.01)**|**(177.1%)**|
|**Inspection Fees**|**(919.31)**|**(1,688.85)**|**45.6%**|
|**Total Professional fees**<br>**Entertainment**|**(919.31)**|**(1,688.85)**|**45.6%**|
|**Entertainment LIcence**|**0.00**|**(187.24)**|**100%**|
|**Total Entertainment**<br>**Depreciation**|**0.00**|**(187.24)**|**100%**|
|**Land & property dep**|**(15,436.07)**|**(14,053.60)**|**(9.8%)**|
|**Fixtures & fittings dep**|**(93.66)**|**0.00**|**-**|
|**Total Depreciation**<br>**Repairs and maintenance**|**(15,529.73)**|**(14,053.60)**|**(10.5%)**|
|**Repairs and maintenance**|**(5,966.44)**|**(3,897.19)**|**(53.1%)**|
|**Total Repairs and maintenance**<br>**Advertising**|**(5,966.44)**|**(3,897.19)**|**(53.1%)**|
|**Advertising**|**(140.00)**|**0.00**|**-**|
|**Total Advertising**|**(140.00)**|**0.00**|**-**|
|**Total Administrative Expenses**|**(47,665.13)**|**(72,509.75)**|**34.3%**|
|**Finance costs**<br>**Finance expense**||||
|**Bank charges**|**(166.75)**|**(168.85)**|**1.2%**|
|**Total Finance expense**|**(166.75)**|**(168.85)**|**1.2%**|
|**Operating Profit**|**(1,492.35)**|**(23,614.84)**|**93.7%**|
|**Other income**||||
|**Other income**|**131.17**|**150.00**|**(12.6%)**|
|**Total Other income**<br>**Other expenses**<br>**Hall Development**|**131.17**|**150.00**|**(12.6%)**|
|**Hall Development**|**(84,220.56)**|**0.00**|**-**|



**Cliffe Woods Community Association Management Report** 

**Page 5 of 12** 



## **Profit & Loss** 

||**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Total Hall Development**<br>**Events**|**(84,220.56)**|**0.00**|**-**|
|**PARISH COUNCIL CORONATION GRANT**|**0.00**|**(1,488.89)**|**100%**|
|**Fund Raising Event**|**(1,423.61)**|**(168.69)**|**(743.9%)**|
|**Total Events**|**(1,423.61)**|**(1,657.58)**|**14.1%**|
|**Profit Before Tax**|**(87,005.35)**|**(25,122.42)**|**(246.3%)**|
|||||
|**Net Profit**|**(87,005.35)**|**(25,122.42)**|**(246.3%)**|



**Cliffe Woods Community Association Management Report** 

**Page 6 of 12** 



## **Balance Sheet** 


**----- Start of picture text -----**<br>
0<br>Shareholders Equity<br>100,000<br>Apr 23 Jun 23 Aug 23 Oct 23 Dec 23 Feb 24 Apr 24 Jun 24 Aug 24 Oct 24 Dec 24 Feb 25<br>**----- End of picture text -----**<br>


## **Report comparing FY 2024 and FY 2025** 

|**Non current assets**<br>**Fixed assets**|**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Fixtures & fittings**|**164.40**|**14.40**|**1041.7%**|
|**Total Fixed assets**<br>**Accumulated depreciation**|**164.40**|**14.40**|**1041.7%**|
|**Land & property acc dep**|**(29,489.67)**|**(14,053.60)**|**(109.8%)**|
|**Fixtures & fittings acc dep**|**(93.66)**|**0.00**|**-**|
|**Total Accumulated depreciation**<br>**Current assets**<br>**Cash**|**(29,583.33)**|**(14,053.60)**|**(110.5%)**|
|**HSBC Current**|**6,443.60**|**16,474.72**|**(60.9%)**|
|**HSBC SP**|**179,489.76**|**241,084.26**|**(25.5%)**|
|**Total Cash**|**185,933.36**|**257,558.98**|**(27.8%)**|
|**Net Assets**|**156,514.43**|**243,519.78**|**(35.7%)**|
|**Equity**<br>**Retained earnings**|**243,519.78**|**268,642.20**|**(9.4%)**|
|**Net profit**|**(87,005.35)**|**(25,122.42)**|**(246.3%)**|
|**Total Equity**|**156,514.43**|**243,519.78**|**(35.7%)**|
|**Shareholders Equity**|**156,514.43**|**243,519.78**|**(35.7%)**|



**Cliffe Woods Community Association Management Report** 

**Page 7 of 12** 



## **Cash Flow** 


**----- Start of picture text -----**<br>
0<br>Movement in Cash Balance<br>Cash Balance<br>100,000<br>-100,000<br>Apr 23 Jun 23 Aug 23 Oct 23 Dec 23 Feb 24 Apr 24 Jun 24 Aug 24 Oct 24 Dec 24 Feb 25<br>**----- End of picture text -----**<br>


## **Report comparing FY 2024 and FY 2025** 

|**Revenue**|**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Cliffe Woods Social Club Rent**|**20,897.50**|**21,040.00**|**(0.7%)**|
|**Hall Hire**|**13,427.97**|**12,658.00**|**6.1%**|
|**PARISH COUNCIL CORONATION GRANT**|**0.00**|**2,000.00**|**(100%)**|
|**PARISH COUNCIL DONATION**|**5,000.00**|**5,000.00**|**0%**|
|**Total Revenue**<br>**Fund Raising**|**39,325.47**|**40,698.00**|**(3.4%)**|
|**Fund Raising Event**|**3,555.00**|**2,035.00**|**74.7%**|
|**Fund Raising Quiz**|**3,559.06**|**4,185.91**|**(15%)**|
|**Fund Raising Coronation**|**0.00**|**2,444.85**|**(100%)**|
|**Total Fund Raising**<br>**Other income**|**7,114.06**|**8,665.76**|**(17.9%)**|
|**Other income**|**14,503.32**|**1,197.34**|**1111.3%**|
|**Total Other income**|**14,503.32**|**1,197.34**|**1111.3%**|
|**Total Income**|**60,942.85**|**50,561.10**|**20.5%**|
|**Cost of sales**<br>**Hire Deposits Refund**|**0.00**|**(150.00)**|**100%**|
|**Cost of sales**|**(100.00)**|**0.00**|**-**|
|**Total Cost of sales**<br>**Administrative expenses**<br>**Rent and rates**|**(100.00)**|**(150.00)**|**33.3%**|
|**Heat and lighting**|**(17,382.14)**|**(20,592.31)**|**15.6%**|
|**Rent and rates**|**(523.94)**|**(268.80)**|**(94.9%)**|



**Cliffe Woods Community Association Management Report** 

**Page 8 of 12** 



## **Cash Flow** 

||**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Insurance**|**(2,204.81)**|**(1,884.86)**|**(17%)**|
|**Water & Sewage**|**(2,326.84)**|**(14,646.20)**|**84.1%**|
|**Total Rent and rates**<br>**Professional fees**|**(22,437.73)**|**(37,392.17)**|**40%**|
|**Inspection Fees**|**(919.31)**|**(1,688.85)**|**45.6%**|
|**Total Professional fees**<br>**Salaries**|**(919.31)**|**(1,688.85)**|**45.6%**|
|**Salaries**|**(11,913.10)**|**(12,166.63)**|**2.1%**|
|**PAYE**|**(2,617.85)**|**(2,507.73)**|**(4.4%)**|
|**Total Salaries**<br>**General administration**|**(14,530.95)**|**(14,674.36)**|**1%**|
|**Cleaning**|**(1,558.21)**|**(474.61)**|**(228.3%)**|
|**Computer Software**|**(877.44)**|**(649.20)**|**(35.2%)**|
|**General admin**|**(77.47)**|**0.00**|**-**|
|**Total General administration**<br>**Repairs and maintenance**|**(2,513.12)**|**(1,123.81)**|**(123.6%)**|
|**Repairs and maintenance**|**(5,966.44)**|**(4,475.46)**|**(33.3%)**|
|**Total Repairs and maintenance**<br>**Entertainment**|**(5,966.44)**|**(4,475.46)**|**(33.3%)**|
|**Entertainment LIcence**|**0.00**|**(187.24)**|**100%**|
|**Total Entertainment**<br>**Communications**|**0.00**|**(187.24)**|**100%**|
|**Telephone**|**0.00**|**(111.60)**|**100%**|
|**Total Communications**<br>**Advertising**|**0.00**|**(111.60)**|**100%**|
|**Advertising**|**(140.00)**|**0.00**|**-**|
|**Total Advertising**<br>**Other expenses**<br>**Events**|**(140.00)**|**0.00**|**-**|
|**PARISH COUNCIL CORONATION GRANT**|**0.00**|**(1,488.89)**|**100%**|
|**Fund Raising Event**|**(1,423.61)**|**(168.69)**|**(743.9%)**|
|**Total Events**<br>**Hall Development**|**(1,423.61)**|**(1,657.58)**|**14.1%**|
|**Hall Development**|**(84,220.56)**|**0.00**|**-**|
|**Total Hall Development**|**(84,220.56)**|**0.00**|**-**|
|**Funds Generated From Operations**|**(71,308.87)**|**(10,899.97)**|**(554.2%)**|
|**Finance costs**<br>**Finance expense**||||
|**Bank charges**|**(166.75)**|**(168.85)**|**1.2%**|
|**Total Finance expense**|**(166.75)**|**(168.85)**|**1.2%**|



**Cliffe Woods Community Association Management Report** 

**Page 9 of 12** 



## **Cash Flow** 

||**FY 2025 (£)**|**FY 2024 (£)**|**Variance**|
|---|---|---|---|
|**Financing Cash Flow**|**(71,475.62)**|**(11,068.82)**|**(545.7%)**|
|**Non current assets**<br>**Fixed assets**||||
|**Fixtures & fittings**|**(150.00)**|**(14.40)**|**(941.7%)**|
|**Total Fixed assets**|**(150.00)**|**(14.40)**|**(941.7%)**|
|**Investing Cash Flow**|**(71,625.62)**|**(11,083.22)**|**(546.3%)**|
|||||
|**Total After Drawings**|**(71,625.62)**|**(11,083.22)**|**(546.3%)**|
|||||
|**Net Cash Movements**|**(71,625.62)**|**(11,083.22)**|**(546.3%)**|
|**Cash Balance**||||
|**Cash Flow**|**(71,625.62)**|**(11,083.22)**|**(546.3%)**|
|**Total Cash Balance**|**185,933.36**|**257,558.98**|**(27.8%)**|



**Cliffe Woods Community Association Management Report** 

**Page 10 of 12** 



## **Aged Debtors** 

**Not enough data to build aged-debtors Chart Not enough data to build aged-debtors Report** 

**Cliffe Woods Community Association Management Report** 

**Page 11 of 12** 



## **Aged Creditors** 

**Not enough data to build aged-creditors Chart Not enough data to build aged-creditors Report** 

**Cliffe Woods Community Association Management Report** 

**Page 12 of 12** 



Dear lan
We are writing to advise that we have examined the accounts of the al)o¥e Iwithout
carrying out an audit) and confirm the accounts agree to the underlying records.
Yours sincerely
Adrian Morris
Adrian Moms ACA
Waldwslade Ac£ountirrfJ ServK*s Ltd
Unil 20 Hopewell Busines5 Centre
105 Hopewell Olive
Chatham
Kent ME5 70X
Tel 01634 309440
Fax 01634 309441
IMPORTANT NOTICE
This om#l. indudiry ary attachff*nts is ttmfidentsal and In￿nded ￿r ihe use of the addressee
only., il may contain wv4e9trd infomwtkn. If you are rKII fv hlten¢Jod reupienl or have
rocwved Ihis Commun￿?￿￿ In error. plea58 aYw5e us by relum 8mail and delele li from your
system immed¢ately. You are Iweby r¥)tified that any unauihonsed use or d1￿mInall0n of Ihls
communication Is slrklly prohth.ted and may bè unlawful. We are nwmer hable for th8 proper
and complete Ir8nsmissMYt of the inI(ffi￿kn ￿￿thin•0 in this C&M)munic8Von. nor lor any
delay in Its rece