**Charity registration number 1162948 (England and Wales)** ## **SALTFORD COMMUNITY ASSOCIATION** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026** ## **SALTFORD COMMUNITY ASSOCIATION** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|Richard Evans| |---|---| ||Angela Joyce Ashworth| ||Elisabeth Anne Lilian Evans| ||Martin John Coles| ||Christina Mary Easterford| ||Christopher Roland Essex| |**Charity number (England and Wales)**|1162948| |**Principal address**|Saltford Hall| ||Chelwood Road| ||Saltford| ||BRISTOL| ||BS31 3BU| |**Independent examiner**|Oli Thomas FCCA| ||Geo Corp Accountancy Limited| ||85 Great Portland Street, First Floor| ||LONDON| ||W1W 7LT| ## **SALTFORD COMMUNITY ASSOCIATION** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 17| ## **SALTFORD COMMUNITY ASSOCIATION** ## **TRUSTEES’ REPORT** The trustees present their annual report and financial statements for the year ended 31 January 2026. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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 (FRS 102)". ## **Objects and Activities** The Charities main objects are to maintain the village Hall for the benefit of the local community. To provide space and facilities where the local community can meet, enjoy events and participate in a wide variety of social, sporting, and educational activities. ## _Public Benefit_ The trustees have paid due regard to the guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## _Activities_ Social and Sporting events include the likes of Dances, Cinema evenings, recreational groups including sports such as Badminton, Bowls, fitness and self-health development classes, Book clubs, music groups, drama productions, shows, choirs, repair shop and associated café, teas, and coffee clubs. Volunteer groups meetings and thank you events. ## **Achievements and Performance** From the funds generated through a wide variety of community style events together with room hire charges we have been able to maintain the premises to a suitable standard, put aside reserves to forward plan improvements and provide financial stability for the continuation of the association. We are able also to provide support both financial and practical to local families in need including Ukrainian families living in the community. ## **Financial Review** Total income for the year was £171,392 (prior year £183,313). The main source of income is from the use of the main hall and other smaller rooms. £89,997. Fund-raising event income during the year was £43,088 and other charitable income £11,146. Other trading activities & investment income £11,392. Donations totalled £15,768 of which £11,575 were restricted. Income was lower than prior year. This was predominantly due to not holding the biannual Saltford Festival in 2025. Total expenditure for the year was £152,463 of which £14,730 was against restricted funds. (Prior year total was £169,039 of which £19,300 restricted). Expenditure was monitored and well controlled against a detailed budget in line with the charity’s objectives. A surplus of £18,929 was recorded for the year (prior year £14,274). At 31 January 2026 balance sheet total funds show £149,430 comprising of £145,905 unrestricted and £3,526 restricted. (Prior year £130,501, £123,820 unrestricted and £6,681 restricted) There are no significant liabilities as at the balance sheet date. ## **Reserves Policy** At the year-end total funds were £149,430, including £145,905 unrestricted funds. Of the unrestricted funds, £115,000 has been designated for specific purposes including emergency operational reserves, a sinking fund for - 1 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **TRUSTEES’ REPORT - CONTINUED** future major refurbishment works, asset replacement and working capital. The trustees review the level of reserves regularly to ensure they remain appropriate to the charity’s needs. The last review was undertaken in January 2026. ## **Structure, Governance and Management** The charity is established under a constitution dated 13 April 2015 as a charitable incorporated organisation. The trustees who served during the year and up to the date of signature of the financial statements were as follows: Richard Evans Angela Joyce Ashworth Elisabeth Anne Lilian Evans Martin John Coles Christina Mary Easterford Christopher Roland Essex ## _Recruitment and appointment of trustees_ Local appointments by recommendations and suitable scrutiny. None of the trustees has any beneficial interest in the CIO. Trustees are supported by volunteers including a management group and a fundraising group. The trustees' report was approved by the Trustees. Richard Evans **Chair, Trustee** Angela Joyce Ashworth **Treasurer, Trustee** 19 May 2026 - 2 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF SALTFORD COMMUNITY ASSOCIATION** I report to the trustees on my examination of the financial statements of Saltford Community Association (the charity) for the year ended 31 January 2026. ## **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 financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached. ## **Oli Thomas FCCA** Geo Corp Accountancy Limited 85 Great Portland Street, First Floor LONDON W1W 7LT 19 May 2026 - 3 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ |**Unrestricted**
**funds 2026**
**£**
4,193
144,231
7,586
3,806|**Restricted**
**funds 2026**
**£**
-
11,575
-
-
-|**Total**
**2026**
**£**
15,768
144,231
7,586
3,806|**Unrestricted**
**funds 2025**
**£**
5,959
154,739
7,081
3,327|**Restricted**
**funds 2025**
**£**
12,207
-
-
-|**Total**
**2025**
**£**
18,166
154,739
7,081
3,327| |---|---|---|---|---|---| |159,817|11,575|171,392|171,106|12,207|183,313| |2,223
135,510|-
14,730|2,223
150,240|2,185
147,554|-
19,300|2,185
166,854| |137,733|14,730|152,463|149,739|19,300|169,039| |22,084
123,820|(3,155)
6,681|18,929
130,501|21,367
102,453|(7,093)
13,774|14,274
116,227| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 4 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **BALANCE SHEET** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ |**Notes**
**Fixed assets**
Tangible assets
**15**
**Current assets**
Stocks
**16**
Debtors
**17**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**18**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**20**
Unrestricted funds
**21**|**£**
**£**
13,759
2,334
13,293
138,457
154,084
(18,413)
135,671
149,430
3,526
145,905
149,430
**2026**|**2025**|**2025**| |---|---|---|---| ||**£**
2,334
13,293
138,457
154,084
(18,413)|**£**
2,362
9,932
127,629
139,923
(14,220)|**£**
4,798
125,703| ||||130,501| ||||6,681
123,820| ||||130,501| The financial statements were approved by the trustees on 19 May 2026. R Evans A Ashworth **Chair, Trustee Treasurer, Trustee** - 5 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **1 Accounting policies** ## **Charity information** Saltford Community Association is a Charitable Incorporated Organisation. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 6 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **1 Accounting policies (Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. As this is the first year that the charity has produced accounts on the accruals basis, assets have not previously been depreciated. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives as follows: **Plant and equipment :** Over 10 years on a straight-line basis **Property plant and equipment - Office :** Over 3 years on a straight-line basis **Property plant and equipment - Kitchen :** Over 5 years on a straight-line basis The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Stocks** Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. ## **1.9 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. - 7 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **1 Accounting policies (Continued)** ## **1.10 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.11 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.12 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. - 8 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Income from donations and legacies** |Donations and gifts|**Unrestricted**
**funds 2026**
**£**
4,193|**Restricted**
**funds 2026**
**£**
11,575|**Total**
**2026**
**£**
15,768|**Unrestricted**
**funds 2025**
**£**
5,959|**Restricted**
**funds 2025**
**£**
12,207|**Total**
**2025**
**£**| |---|---|---|---|---|---|---| |||||||18,166| ## **4 Income from charitable activities** |**Hall hirings**
Room hire income
**Bar and café**
Food and beverage
income
**Organised events**
Fundraising income
**Sectional income**
Income from sectional clubs and organisations
**SCA festival**
Event income
**SCA News**
Advertising income|**Unrestricted**
**funds 2026**
**£**
76,697
18,164
24,924
13,300
-
11,146
144,231|**Unrestricted**
**funds 2025**
**£**
72,048
16,106
24,528
12,400
22,282
7,375| |---|---|---| |||154,739| - 9 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **5 Income from other trading activities** |Non-charitable trading activities
Membership subscriptions and sponsorships
Ancilliary fundraising income
**Income from investments**
Interest receivable
**Expenditure on raising funds**
**Fundraising and publicity**
Ancilliary fundraising costs|**Unrestricted**
**funds 2026**
**£**
3,020
570
3,997
7,586
**Unrestricted**
**funds 2026**
**£**
3,806
3,806
**Unrestricted**
**funds 2026**
**£**
2,223
2,223|**Unrestricted**
**funds 2025**
**£**
2,491
580
4,010| |---|---|---| |||7,081| |||**Unrestricted**
**funds 2025**
**£**
3,327| |||3,327| |||**Unrestricted**
**funds 2025**
**£**
2,185| |||2,185| ## **6 Income from investments** ## **7 Expenditure on raising funds** - 10 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **8 Expenditure on charitable activities** |**Direct costs**
Staff costs
Depreciation and impairment
Other direct costs
Grant funding of activities (see note 9)
**Share of support and governance costs (see note 10)**
Support
Governance
**Analysis by fund**
Unrestricted funds
Restricted funds|**Community**
**activities**
**2026**
**£**
-
-
-|**Hall hiring**
**costs**
**2026**
**£**
40,874
1,797
-|**Bar and cafe**
**costs**
**2026**
**£**
-
-
7,169|**Event costs**
**2026**
**£**
-
-
8,009|**SCA festival**
**costs**
**2026**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Saltford**
**Community**
**Association**
**News**
**2026**
**£**
-
-
11,297|**Total**
**2026**
**£**
40,874
1,797
26,474| |---|---|---|---|---|---|---|---| ||-
17,485
-
-|42,671
-
62,733
876|7,169
-
-
-|8,009
-
-
-||11,297
-
-
-|69,145
17,485
62,733
876| ||17,485|106,280|7,169|8,009||11,297|150,240| ||2,755
14,730|106,280
-|7,169
-|8,009
-||11,297
-|135,510
14,730| ||17,485|106,280|7,169|8,009||11,297|150,240| - 11 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ |**8 Expenditure on charitable activities (Continued)**
**Previous year:**
**Direct costs**
Staff costs
Depreciation and impairment
Other direct costs
Grant funding of activities (see note 9)
**Share of support and governance costs (see note 10)**
Support
Governance
**Analysis by fund**
Unrestricted funds
Restricted funds|**Community**
**activities**
**2025**
**£**
-
-
-|**Hall hiring**
**costs**
**2025**
**£**
39,264
746
-|**Bar and cafe**
**costs**
**2025**
**£**
-
-
6,839|**Event costs**
**2025**
**£**
-
-
10,053|**SCA festival**
**costs**
**2025**
**£**
-
-
9,445
9,445
-
-
-
9,445
9,445
-
9,445|**Saltford**
**Community**
**Association**
**News**
**2025**
**£**
-
-
10,837|**Total**
**2025**
**£**
39,264
746
37,174| |---|---|---|---|---|---|---|---| ||-
20,488
-
-|40,010
-
67,688
1,494|6,839
-
-
-|10,053
-
-
-||10,837
-
-
-|77,184
20,488
67,688
1,494| ||20,488|109,192|6,839|10,053||10,837|166,854| ||1,688
18,800|109,192
-|6,839
-|10,053
-||10,337
500|147,554
19,300| ||20,488|109,192|6,839|10,053||10,837|166,854| - 12 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ |**9**
**Grants payable**
Grants and donations
**10**
**Support costs allocated to activities**
Hall maintenance
Equipment maintenance
Insurance
Water, gas and electricity
Printing, stationery and IT
Training
Cleaning and waste disposal
Rent
Marketing costs
Bank charges and sundry
Governance costs
**Analysed as:**
Hall hiring costs
**11**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
Depreciation of owned tangible fixed assets|**Unrestricted**
**funds 2026**
**£**
17,485
17,485
**2026**
**£**
12,446
5,998
3,295
9,438
5,438
150
24,196
1
700
1,072
876
63,610
63,610
**2026**
**£**
275
1,797
2,072|**Unrestricted**
**funds 2025**
**£**
20,488| |---|---|---| |||20,488| |||**2025**
**£**
18,672
5,936
3,279
8,517
8,426
395
20,591
1
783
1,088
1,494| |||69,182| |||| |||69,182| |||**2025**
**£**
750
746| |||1,496| ## **12 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **13 Employees** The average monthly number of employees during the year was: |**2026**|**2025**| |---|---| |**Number**|**Number**| |4|3| - 13 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **13 Employees (Continued)** |**Employment costs**
Wages and salaries
Pension costs|**2026**
**£**
40,874
-
40,874|**2025**
**£**
39,054
210| |---|---|---| |||39,264| There were no employees whose annual remuneration was more than £60,000. ## **14 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **15 Tangible fixed assets** |**Cost**
Balance bought forward
Additions
Balance at 31 January 2026
**Depreciation and impairment**
Balance bought forward
Depreciation charged in the year
Balance at 31 January 2026
**Carrying amount**
Balance bought forward
Balance at 31 January 2026
**Stocks**
Finished goods and goods for resale
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income|**Plant and**
**equipment**
**2026**
**£**
1,752
3,031
4,783
114
387
501
1,638
4,282|**Property plant**
**and**
**equipment -**
**Office**
**2026**
**£**
516
6,154
6,670
86
640
726
430
5,944|**Property plant**
**and**
**equipment -**
**Kitchen**
**2026**
**£**
3,276
1,573
4,849
546
771
1,317
2,730
3,533
**2026**
**£**
2,334
2,334
**2026**
**£**
7,830
5,463
13,293|**Total**
**2026**
**£**
5,544
10,758| |---|---|---|---|---| |||||16,302| |||||746
1,797| |||||2,543| |||||4,798| |||||13,759| |||||**2025**
**£**
2,362| |||||2,362| |||||**2025**
**£**
5,926
4,006| |||||9,932| ## **16 Stocks** ## **17 Debtors** - 14 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **18 Creditors: amounts falling due within one year** |**18**
**Creditors: amounts falling due within one year**||| |---|---|---| |Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
**19**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2026**
**£**
697
6,031
6,480
5,205
18,413
**2026**
**£**
-
-|**2025**
**£**
588
5,277
3,352
5,003| |||14,220| |||**2025**
**£**
210| |||210| The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. ## **20 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. ||**At 1 February**|**Incoming**|**Resources**|**At 31 January**| |---|---|---|---|---| ||**2025**|**resources**|**expended**|**2026**| ||**£**|**£**|**£**|**£**| |Year to 31 January 2026|6,681|11,575|(14,730)|3,526| ||**At 1 February**|**Incoming**|**Resources**|**At 31 January**| ||**2024**|**resources**|**expended**|**2025**| ||**£**|**£**|**£**|**£**| |Previous year|13,774|12,207|(19,300)|6,681| - 15 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **21 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 February**|**Incoming**|**Resources**|**Fund**|**At 31 January**| |---|---|---|---|---|---| ||**2025**|**resources**|**expended**|**transfers**|**2026**| ||**£**|**£**|**£**|**£**|**£**| |Emergency operational reserve|40,000|-|-|-|40,000| |Sinking fund|40,000|-|-|20,000|60,000| |Asset replacement reserve|5,000|-|-|-|5,000| |Working capital reserve|10,000|-|-|-|10,000| |General funds|28,820|159,817|(137,733)|(20,000)|30,904| ||123,820|159,817|(137,733)|-|145,905| |**Previous Year:**|**At 1 February**|**Incoming**|**Resources**|**Fund**|**At 31 January**| ||**2024**|**resources**|**expended**|**transfers**|**2025**| ||**£**|**£**|**£**|**£**|**£**| |Emergency operational reserve|-|-|-|40,000|40,000| |Sinking fund|-|-|-|40,000|40,000| |Asset replacement reserve|-|-|-|5,000|5,000| |Working capital reserve|-|-|-|10,000|10,000| |General funds|102,453|171,106|(149,739)|(95,000)|28,820| ||102,453|171,106|(149,739)|-|123,820| ## **22 Analysis of net assets between funds** |Tangible fixed assets
Current assets/(liabilities)
**Prevous year:**
Tangible fixed assets
Current assets/(liabilities)|**Unrestricted**
**Funds 2026**
**£**
13,759
132,145
145,904
**Unrestricted**
**Funds 2025**
**£**
4,798
119,022
123,820|**Restricted**
**Funds 2026**
**£**
-
3,526
3,526
**Restricted**
**Funds 2025**
**£**
-
6,681
6,681|**Total funds**
**2026**
**£**
13,759
135,671| |---|---|---|---| ||||149,430| ||||**Total funds**
**2025**
**£**
4,798
125,703| ||||130,501| - 16 - ## **SALTFORD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JANUARY 2026**_ ## **23 Related party transactions** Trustees received no remuneration during the year (2025: £nil). Trustees and persons connected with them were reimbursed expenses totalling £644.67 (2025: £nil) incurred in the performance of their duties. During the year the charity incurred expenditure totalling £3,205 (2025: £nil) with a business owned by the son-in-law of a trustee in respect of electrical maintenance services. No trustee received any financial benefit from these transactions. ## **24 Relationship with Saltford Community Library Hub Limited** The charity is the sole member of Saltford Community Library Hub Limited, a company limited by shares incorporated in England and Wales (company number 11217080), and therefore has constitutional control over that entity. Saltford Community Library Hub Limited operates the Saltford Community Library and associated community Post Office facilities from premises within the local community. The activities of the community library align with the charitable objectives of the Association. For the year ended 31 July 2025 (latest statutory accounts available), Saltford Community Library Hub Limited reported: - turnover and other income of £57,499 - profit after taxation of £6,745 - net assets of £50,142 During the year, the Association provided grant funding and charitable support to Saltford Community Library Hub Limited in furtherance of the Association’s charitable objectives. - 17 -