## **Newark and Sherwood Community Hub** (Registered charity, number 1164851) **Financial statements for the year ended 31 March 2026**
|**Page**|**Contents**|
|---|---|
|2 - 4|Trustees’ annual report|
|5|Independent examiner’s report|
|6|Receipts & payments account|
|7|Statement of assets & liabilities|
|8 - 9|Notes to the accounts|
# **Newark and Sherwood Community Hub Trustees’ annual report for the year ended 31 March 2026**
**Full name** Newark and Sherwood Community Hub
**Other names by which the charity is known** NSPSG
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1164851
## **Principal address**
Millgate Community Centre, 2 Pelham Street, Newark, NG24 4XD
## **Trustees**
Christopher Walsh Deborah Moore Shaun Cassidy Anna Rutkowska Carol Sheffield
## **Independent examiner**
Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its constitution adopted 15/12/2015 and most recently amended 29/07/2019.
Trustees would be appointed by way of an advertisement placed on our Website.
## **Objectives and activities**
To promote the benefit of the inhabitants of the area of benefit without distinction of age, sex, race, political, religious or other opinions by furthering the development of play facilities and play opportunities for children in the area of benefit, by coordinating local play forums, by associating the local statutory authorities, voluntary organisations and inhabitants in a common effort to advance education, the protection of health and relief of poverty distress or sickness and to provide facilities in the interests of social welfare for recreation and leisure-time occupation for the inhabitants of the area of benefit with the object of improving the condition of life for the inhabitants.
2
## **Newark and Sherwood Community Hub**
## **Summary of the main activities undertaken for the public benefit**
People within the community can take part in activities offered by the Millgate Centre to learn new skills, meet new people and develop a sense of belonging to a group within the community.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main achievements during the period**
This group of Trustees took over the management of the community centre on the retirement of Jill Musson on 31[st] March 2024.
Over the last year we applied for a number of grants to assist us to upgrade, improve and maintain the premises in good condition. We secured £28,004 worth of funding which enabled us to replace the old rotten wooden windows for new plastic windows requiring planning permission to do so. In addition we have sanded and lacquered the main hall and entrance hall floors which had become damaged and in need of attention, we replaced the old outdoor soft play area for new, we replaced the external security/fire doors to the rear of the property, we overhauled the gas central heating system which was failing in some areas and this is now up to date and meets all the standards required, in addition we added new radiator valves to reduce heating costs further and finally we painted the inside of the community centre to make it a nice space for our clubs to learn. With the Trust's own funds we have been able to undertake some significant roof repairs to the sum of £2,500 to keep the premises warm and dry and to remove any damp being caused by a broken gutter and poor roof valleys. In doing so we have been able to secure all of the current user groups and increase the use of the facilities to other new users. We now have two separate karate groups from the JKA and the HDKI both using the premises along with providing facilities for a sound recording studio. All the work was completed within this financial year and all of the grants secured to achieve this. We were also able to set up our own website for the purpose of advertising the facilities we offer and to show progress of the groups involved.
The grant funding and the works have enabled us to future proof the community centre for the longer term and reduce the costs to the Trust itself. The double glazed windows, the new doors and the newly refurbished heating system have saved costs all round. This in turn has enabled us to keep the cost to our users down for the use of the facilities. We charge £14.00 per hour and have maintained that since we took over the management of the premises much to the satisfaction of our clubs.
We have carried out all of the grant work and more besides with the addition of our own funds from the income we received this year.
3
Newark and Sherwood Community Hub
Financial review
With the grant funding and our own income from room hire we had a surplus of £5k+
at the yearend 2026 which is really healthy compared to March 2024 of £ (1,100) and
to March 2025 of £5,500k.
We are very happy with our progress to date which has been down to a dedicated
team with a vision fomi improving the facilities that offer to a high standard. Many of
our users comment on the level of improvements in place and the fact we have been
able to keep our hire charge at the same level as a result.
The charity's pollcy on reserves
Any reserves will be used to mainlain the premises in good condition and to pay the
bills for the Community Centre including insurance, Accountants, Payroll (one
cleaner), utility bills and to enable us to top up any shortfall in the grants we may
receive in the future. The Trustees have a plan to submit an application for grant
nding to further improve the premises and that may require match funding of 10 %.
The application form for a future grant has been completed and will be submitted at
the next opportunity.
Signed on behalf of the charity's trustees..
Signed
Carol Sheffield, Trustee
## **Independent examiner’s report to the trustees of Newark and Sherwood Community Hub for the year ended 31 March 2026**
I report to the trustees on my examination of the accounts of Newark and Sherwood Community Hub (the charity) for the year ended 31 March 2026.
## **Responsibilities and basis of report**
As the trustees of the charity 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 2011 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**
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 Act; or
2. the accounts do not accord with those records.
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.
Signed _________________________ Date ______________________ 22/07/2026 Eva Stevens BSc, CPFA Employee of Community Accounting Plus
5
## **Newark and Sherwood Community Hub Receipts & payments account for the year ended 31 March 2026**
|_2025_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
130
Grants & donations
**2**
5000
551
Sales/fees
280
46
Sundry receipts
6
14414
Room hire
11790
1011
Services
940
16152
**Total receipts**
**18016**
**Payments**
13
Bank charges
-
1303
Building & premises costs
752
483
Communications
391
1021
Insurance
1071
363
Payroll fees
2360
-
Printing stationery & admin
43
1269
Professional fees
-
316
Resources purchased
-
3768
Utilities & rates
3579
1534
Wages, NI & pensions
3096
26
Workshops & events
9804
20
Advertising & publications
-
534
Sundry expenses
758
10650
**Total payments**
**21854**
5502
**Net receipts/(payments)**
(3838)
(1123)
Cash funds at start of this period
4379
4379
**Cash funds at end of this period**
**541**|**Restricted**
**Funds**
**£**
23004
-
-
-
-
**23004**
-
13987
-
-
-
-
-
-
-
-
-
-
-
**13987**
9017
-
**9017**|**_2026_**
**Total**
**Funds**
**£**
28004
280
6
11790
940|
|---|---|---|
|||**41020**|
|||-
14739
391
1071
2360
43
-
-
3579
3096
9804
-
758|
|||**35841**|
|||5179
4379|
|||**9558**|
6
Newark and Sherwood Community Hub
Statement of assets and liabilities
at 31 March 2026
2025
2026
Cash assets
Bank accounts
Cash in harKI
4362
17
4379
9541
17
9558
other monetary assets
PrepayThent- Insurance
178
178
Assets retained for the charity's own use
General equipment.
Liabilities
Creditor- kKIepeIerrt ex2mination fee
852
(852)
906
906
These financial statements are accepted on behalf of the charity by..
Signed
Carol Sheffield, Trust
Date
## **Newark and Sherwood Community Hub Notes to the accounts for the year ended 31 March 2026**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|**Unrestricted**
**£**
Newark & Sherwood District Council
-
BNA
-
Bernard Sunley Foundation
5000
National Lottery Community Fund
-
**5000**|**Restricted**
**£**
8149
5500
-
9355
**23004**|**Total**
**£**
8149
5500
5000
9355|
|---|---|---|
|||**28004**|
## **3. Funds analysis**
|**Funds analysis**||||
|---|---|---|---|
|**Restricted funds**
Refurbishment of Building
**Unrestricted funds**
General fund|**Opening**
**balance**
**£**
-
**-**
4379
**4379**|**Receipts (Payments)**
**£**
**£**
23004
(13987)
**23004**
**(13987)**
18016
(21854)
**18016**
**(21854)**|**Closing**
**balance**
**£**
9017|
||||**9017**|
||||541|
||||**541**|
The transfer from the General fund to the Refurbishment of Building fund is to cover the deficit on this activity.
The specific purposes for which the funds are to be applied are as follows:
Refurbishment of Building - this fund is used to refurbish and maintain the community centre.
8
## **Newark and Sherwood Community Hub**
## **4. Trustees’ remuneration**
- Trustees received no expenses, remuneration or benefits in this period.
## **5. Related party transactions**
- There were no related party transactions in this period.
## **6. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
9
## **Newark and Sherwood Community Hub** (Registered charity, number 1164851) **Financial statements for the year ended 31 March 2026**
|**Page**|**Contents**|
|---|---|
|2 - 4|Trustees’ annual report|
|5|Independent examiner’s report|
|6|Receipts & payments account|
|7|Statement of assets & liabilities|
|8 - 9|Notes to the accounts|
# **Newark and Sherwood Community Hub Trustees’ annual report for the year ended 31 March 2026**
**Full name** Newark and Sherwood Community Hub
**Other names by which the charity is known** NSPSG
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1164851
## **Principal address**
Millgate Community Centre, 2 Pelham Street, Newark, NG24 4XD
## **Trustees**
Christopher Walsh Deborah Moore Shaun Cassidy Anna Rutkowska Carol Sheffield
## **Independent examiner**
Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its constitution adopted 15/12/2015 and most recently amended 29/07/2019.
Trustees would be appointed by way of an advertisement placed on our Website.
## **Objectives and activities**
To promote the benefit of the inhabitants of the area of benefit without distinction of age, sex, race, political, religious or other opinions by furthering the development of play facilities and play opportunities for children in the area of benefit, by coordinating local play forums, by associating the local statutory authorities, voluntary organisations and inhabitants in a common effort to advance education, the protection of health and relief of poverty distress or sickness and to provide facilities in the interests of social welfare for recreation and leisure-time occupation for the inhabitants of the area of benefit with the object of improving the condition of life for the inhabitants.
2
## **Newark and Sherwood Community Hub**
## **Summary of the main activities undertaken for the public benefit**
People within the community can take part in activities offered by the Millgate Centre to learn new skills, meet new people and develop a sense of belonging to a group within the community.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main achievements during the period**
This group of Trustees took over the management of the community centre on the retirement of Jill Musson on 31[st] March 2024.
Over the last year we applied for a number of grants to assist us to upgrade, improve and maintain the premises in good condition. We secured £28,004 worth of funding which enabled us to replace the old rotten wooden windows for new plastic windows requiring planning permission to do so. In addition we have sanded and lacquered the main hall and entrance hall floors which had become damaged and in need of attention, we replaced the old outdoor soft play area for new, we replaced the external security/fire doors to the rear of the property, we overhauled the gas central heating system which was failing in some areas and this is now up to date and meets all the standards required, in addition we added new radiator valves to reduce heating costs further and finally we painted the inside of the community centre to make it a nice space for our clubs to learn. With the Trust's own funds we have been able to undertake some significant roof repairs to the sum of £2,500 to keep the premises warm and dry and to remove any damp being caused by a broken gutter and poor roof valleys. In doing so we have been able to secure all of the current user groups and increase the use of the facilities to other new users. We now have two separate karate groups from the JKA and the HDKI both using the premises along with providing facilities for a sound recording studio. All the work was completed within this financial year and all of the grants secured to achieve this. We were also able to set up our own website for the purpose of advertising the facilities we offer and to show progress of the groups involved.
The grant funding and the works have enabled us to future proof the community centre for the longer term and reduce the costs to the Trust itself. The double glazed windows, the new doors and the newly refurbished heating system have saved costs all round. This in turn has enabled us to keep the cost to our users down for the use of the facilities. We charge £14.00 per hour and have maintained that since we took over the management of the premises much to the satisfaction of our clubs.
We have carried out all of the grant work and more besides with the addition of our own funds from the income we received this year.
3
Newark and Sherwood Community Hub
Financial review
With the grant funding and our own income from room hire we had a surplus of £5k+
at the yearend 2026 which is really healthy compared to March 2024 of £ (1,100) and
to March 2025 of £5,500k.
We are very happy with our progress to date which has been down to a dedicated
team with a vision fomi improving the facilities that offer to a high standard. Many of
our users comment on the level of improvements in place and the fact we have been
able to keep our hire charge at the same level as a result.
The charity's pollcy on reserves
Any reserves will be used to mainlain the premises in good condition and to pay the
bills for the Community Centre including insurance, Accountants, Payroll (one
cleaner), utility bills and to enable us to top up any shortfall in the grants we may
receive in the future. The Trustees have a plan to submit an application for grant
nding to further improve the premises and that may require match funding of 10 %.
The application form for a future grant has been completed and will be submitted at
the next opportunity.
Signed on behalf of the charity's trustees..
Signed
Carol Sheffield, Trustee
## **Independent examiner’s report to the trustees of Newark and Sherwood Community Hub for the year ended 31 March 2026**
I report to the trustees on my examination of the accounts of Newark and Sherwood Community Hub (the charity) for the year ended 31 March 2026.
## **Responsibilities and basis of report**
As the trustees of the charity 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 2011 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**
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 Act; or
2. the accounts do not accord with those records.
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.
Signed _________________________ Date ______________________ 22/07/2026 Eva Stevens BSc, CPFA Employee of Community Accounting Plus
5
## **Newark and Sherwood Community Hub Receipts & payments account for the year ended 31 March 2026**
|_2025_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
130
Grants & donations
**2**
5000
551
Sales/fees
280
46
Sundry receipts
6
14414
Room hire
11790
1011
Services
940
16152
**Total receipts**
**18016**
**Payments**
13
Bank charges
-
1303
Building & premises costs
752
483
Communications
391
1021
Insurance
1071
363
Payroll fees
2360
-
Printing stationery & admin
43
1269
Professional fees
-
316
Resources purchased
-
3768
Utilities & rates
3579
1534
Wages, NI & pensions
3096
26
Workshops & events
9804
20
Advertising & publications
-
534
Sundry expenses
758
10650
**Total payments**
**21854**
5502
**Net receipts/(payments)**
(3838)
(1123)
Cash funds at start of this period
4379
4379
**Cash funds at end of this period**
**541**|**Restricted**
**Funds**
**£**
23004
-
-
-
-
**23004**
-
13987
-
-
-
-
-
-
-
-
-
-
-
**13987**
9017
-
**9017**|**_2026_**
**Total**
**Funds**
**£**
28004
280
6
11790
940|
|---|---|---|
|||**41020**|
|||-
14739
391
1071
2360
43
-
-
3579
3096
9804
-
758|
|||**35841**|
|||5179
4379|
|||**9558**|
6
Newark and Sherwood Community Hub
Statement of assets and liabilities
at 31 March 2026
2025
2026
Cash assets
Bank accounts
Cash in harKI
4362
17
4379
9541
17
9558
other monetary assets
PrepayThent- Insurance
178
178
Assets retained for the charity's own use
General equipment.
Liabilities
Creditor- kKIepeIerrt ex2mination fee
852
(852)
906
906
These financial statements are accepted on behalf of the charity by..
Signed
Carol Sheffield, Trust
Date
## **Newark and Sherwood Community Hub Notes to the accounts for the year ended 31 March 2026**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|**Unrestricted**
**£**
Newark & Sherwood District Council
-
BNA
-
Bernard Sunley Foundation
5000
National Lottery Community Fund
-
**5000**|**Restricted**
**£**
8149
5500
-
9355
**23004**|**Total**
**£**
8149
5500
5000
9355|
|---|---|---|
|||**28004**|
## **3. Funds analysis**
|**Funds analysis**||||
|---|---|---|---|
|**Restricted funds**
Refurbishment of Building
**Unrestricted funds**
General fund|**Opening**
**balance**
**£**
-
**-**
4379
**4379**|**Receipts (Payments)**
**£**
**£**
23004
(13987)
**23004**
**(13987)**
18016
(21854)
**18016**
**(21854)**|**Closing**
**balance**
**£**
9017|
||||**9017**|
||||541|
||||**541**|
The transfer from the General fund to the Refurbishment of Building fund is to cover the deficit on this activity.
The specific purposes for which the funds are to be applied are as follows:
Refurbishment of Building - this fund is used to refurbish and maintain the community centre.
8
## **Newark and Sherwood Community Hub**
## **4. Trustees’ remuneration**
- Trustees received no expenses, remuneration or benefits in this period.
## **5. Related party transactions**
- There were no related party transactions in this period.
## **6. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
9
## **Newark and Sherwood Community Hub** (Registered charity, number 1164851) **Financial statements for the year ended 31 March 2026**
|**Page**|**Contents**|
|---|---|
|2 - 4|Trustees’ annual report|
|5|Independent examiner’s report|
|6|Receipts & payments account|
|7|Statement of assets & liabilities|
|8 - 9|Notes to the accounts|
# **Newark and Sherwood Community Hub Trustees’ annual report for the year ended 31 March 2026**
**Full name** Newark and Sherwood Community Hub
**Other names by which the charity is known** NSPSG
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1164851
## **Principal address**
Millgate Community Centre, 2 Pelham Street, Newark, NG24 4XD
## **Trustees**
Christopher Walsh Deborah Moore Shaun Cassidy Anna Rutkowska Carol Sheffield
## **Independent examiner**
Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its constitution adopted 15/12/2015 and most recently amended 29/07/2019.
Trustees would be appointed by way of an advertisement placed on our Website.
## **Objectives and activities**
To promote the benefit of the inhabitants of the area of benefit without distinction of age, sex, race, political, religious or other opinions by furthering the development of play facilities and play opportunities for children in the area of benefit, by coordinating local play forums, by associating the local statutory authorities, voluntary organisations and inhabitants in a common effort to advance education, the protection of health and relief of poverty distress or sickness and to provide facilities in the interests of social welfare for recreation and leisure-time occupation for the inhabitants of the area of benefit with the object of improving the condition of life for the inhabitants.
2
## **Newark and Sherwood Community Hub**
## **Summary of the main activities undertaken for the public benefit**
People within the community can take part in activities offered by the Millgate Centre to learn new skills, meet new people and develop a sense of belonging to a group within the community.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main achievements during the period**
This group of Trustees took over the management of the community centre on the retirement of Jill Musson on 31[st] March 2024.
Over the last year we applied for a number of grants to assist us to upgrade, improve and maintain the premises in good condition. We secured £28,004 worth of funding which enabled us to replace the old rotten wooden windows for new plastic windows requiring planning permission to do so. In addition we have sanded and lacquered the main hall and entrance hall floors which had become damaged and in need of attention, we replaced the old outdoor soft play area for new, we replaced the external security/fire doors to the rear of the property, we overhauled the gas central heating system which was failing in some areas and this is now up to date and meets all the standards required, in addition we added new radiator valves to reduce heating costs further and finally we painted the inside of the community centre to make it a nice space for our clubs to learn. With the Trust's own funds we have been able to undertake some significant roof repairs to the sum of £2,500 to keep the premises warm and dry and to remove any damp being caused by a broken gutter and poor roof valleys. In doing so we have been able to secure all of the current user groups and increase the use of the facilities to other new users. We now have two separate karate groups from the JKA and the HDKI both using the premises along with providing facilities for a sound recording studio. All the work was completed within this financial year and all of the grants secured to achieve this. We were also able to set up our own website for the purpose of advertising the facilities we offer and to show progress of the groups involved.
The grant funding and the works have enabled us to future proof the community centre for the longer term and reduce the costs to the Trust itself. The double glazed windows, the new doors and the newly refurbished heating system have saved costs all round. This in turn has enabled us to keep the cost to our users down for the use of the facilities. We charge £14.00 per hour and have maintained that since we took over the management of the premises much to the satisfaction of our clubs.
We have carried out all of the grant work and more besides with the addition of our own funds from the income we received this year.
3
Newark and Sherwood Community Hub
Financial review
With the grant funding and our own income from room hire we had a surplus of £5k+
at the yearend 2026 which is really healthy compared to March 2024 of £ (1,100) and
to March 2025 of £5,500k.
We are very happy with our progress to date which has been down to a dedicated
team with a vision fomi improving the facilities that offer to a high standard. Many of
our users comment on the level of improvements in place and the fact we have been
able to keep our hire charge at the same level as a result.
The charity's pollcy on reserves
Any reserves will be used to mainlain the premises in good condition and to pay the
bills for the Community Centre including insurance, Accountants, Payroll (one
cleaner), utility bills and to enable us to top up any shortfall in the grants we may
receive in the future. The Trustees have a plan to submit an application for grant
nding to further improve the premises and that may require match funding of 10 %.
The application form for a future grant has been completed and will be submitted at
the next opportunity.
Signed on behalf of the charity's trustees..
Signed
Carol Sheffield, Trustee
## **Independent examiner’s report to the trustees of Newark and Sherwood Community Hub for the year ended 31 March 2026**
I report to the trustees on my examination of the accounts of Newark and Sherwood Community Hub (the charity) for the year ended 31 March 2026.
## **Responsibilities and basis of report**
As the trustees of the charity 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 2011 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**
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 Act; or
2. the accounts do not accord with those records.
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.
Signed _________________________ Date ______________________ 22/07/2026 Eva Stevens BSc, CPFA Employee of Community Accounting Plus
5
## **Newark and Sherwood Community Hub Receipts & payments account for the year ended 31 March 2026**
|_2025_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
130
Grants & donations
**2**
5000
551
Sales/fees
280
46
Sundry receipts
6
14414
Room hire
11790
1011
Services
940
16152
**Total receipts**
**18016**
**Payments**
13
Bank charges
-
1303
Building & premises costs
752
483
Communications
391
1021
Insurance
1071
363
Payroll fees
2360
-
Printing stationery & admin
43
1269
Professional fees
-
316
Resources purchased
-
3768
Utilities & rates
3579
1534
Wages, NI & pensions
3096
26
Workshops & events
9804
20
Advertising & publications
-
534
Sundry expenses
758
10650
**Total payments**
**21854**
5502
**Net receipts/(payments)**
(3838)
(1123)
Cash funds at start of this period
4379
4379
**Cash funds at end of this period**
**541**|**Restricted**
**Funds**
**£**
23004
-
-
-
-
**23004**
-
13987
-
-
-
-
-
-
-
-
-
-
-
**13987**
9017
-
**9017**|**_2026_**
**Total**
**Funds**
**£**
28004
280
6
11790
940|
|---|---|---|
|||**41020**|
|||-
14739
391
1071
2360
43
-
-
3579
3096
9804
-
758|
|||**35841**|
|||5179
4379|
|||**9558**|
6
Newark and Sherwood Community Hub
Statement of assets and liabilities
at 31 March 2026
2025
2026
Cash assets
Bank accounts
Cash in harKI
4362
17
4379
9541
17
9558
other monetary assets
PrepayThent- Insurance
178
178
Assets retained for the charity's own use
General equipment.
Liabilities
Creditor- kKIepeIerrt ex2mination fee
852
(852)
906
906
These financial statements are accepted on behalf of the charity by..
Signed
Carol Sheffield, Trust
Date
## **Newark and Sherwood Community Hub Notes to the accounts for the year ended 31 March 2026**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|**Unrestricted**
**£**
Newark & Sherwood District Council
-
BNA
-
Bernard Sunley Foundation
5000
National Lottery Community Fund
-
**5000**|**Restricted**
**£**
8149
5500
-
9355
**23004**|**Total**
**£**
8149
5500
5000
9355|
|---|---|---|
|||**28004**|
## **3. Funds analysis**
|**Funds analysis**||||
|---|---|---|---|
|**Restricted funds**
Refurbishment of Building
**Unrestricted funds**
General fund|**Opening**
**balance**
**£**
-
**-**
4379
**4379**|**Receipts (Payments)**
**£**
**£**
23004
(13987)
**23004**
**(13987)**
18016
(21854)
**18016**
**(21854)**|**Closing**
**balance**
**£**
9017|
||||**9017**|
||||541|
||||**541**|
The transfer from the General fund to the Refurbishment of Building fund is to cover the deficit on this activity.
The specific purposes for which the funds are to be applied are as follows:
Refurbishment of Building - this fund is used to refurbish and maintain the community centre.
8
## **Newark and Sherwood Community Hub**
## **4. Trustees’ remuneration**
- Trustees received no expenses, remuneration or benefits in this period.
## **5. Related party transactions**
- There were no related party transactions in this period.
## **6. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
9