## **Treasurer’s Report for the period** ## **01/04/2024 To 31/03/2025** # **Charity name: Bushmead Community Centre** ## **Review of the charity’s fnancial position at the end of** ## **the period** ## **Financial position.** The Trustees have had another year of keeping a careful eye on our financial position. At the start of the period, it was decided that in view of the state of the economy, most of the hire charges would not be increased to assist all the users of our facilities. This resulted in a small overall profit of £3162. However, this is slightly misleading as we have some activities that we oversee and their funds are held separately to those of the Community Centre. These restricted funds showed a profit of £4,463 with the Centre’s activities showing a small loss of £1,301 for the year. This results in the overall profit of £3,162. The Trustees agreed that the hire rates would be increased from April and this was held at 2.5% in most cases. The Centre’s unrestricted funds stand at £5,631 and the Restricted funds at £16,508. ## **Reserves.** During the year, the Trustees were able to increase the Reserves by £20,000 and they now stand at £46,315. It is the intention of the Trustees to increase the reserves when possible to provide for future unseen eventualities. ## **A description of the principal risks facing the charity** The Trustees are all volunteers who give their time freely. To replace a retiring Trustee can be quite difficult and we are always looking for additional Trustees to help spread the work load. The charity is aware of the need to accumulate sufficient reserves to cope with possible show stopping events, such as replacing the guttering and roof tiles. We are aware that the flooring in the Bradgers Room requires attention and possible replacement to keep people safe from trip hazards as the surface is breaking up. The Trustees are aware that they are providing a service to the local community but it is necessary to cover increasing costs whilst being cognitive of the pressures facing our hirers and the local community. |**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**1169398**
**BUSHMEAD COMMUNITY HUB**
**Receipts andpayments accounts**
**01/04/2024**
**31/03/2025**
**To**
**For the period**
**from**
~~rr~~|**CC16a**
~~_~~|| |---|---|---|---|---|---|---|---|---|---| |**Section A Receipts and payments**|||||||||| ||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**|**Last year**|| ||**to the nearest**
**£**|**to the nearest**|**to the nearest £**||**to the nearest £**||**to the nearest £**|**to the nearest £**|| |**A1 Receipts**|||||||||| |HALL HIRE|**148,794**||**-**||**-**||**148,794**|**150,072**|| |DONATIONS|**22**||**-**||**-**||**22**|**3,220**|| |DEFIBRILLATOR|**-**||**1,551**||||**1,551**|**-**|| |GRANTS|**-**||**3,500**||**-**||**3,500**|**500**|| |SUNDRIES|**1,113**||**-**||**-**||**1,113**|**4,090**|| |INTEREST ON DEPOSIT|**1,316**||**-**||**-**||**1,316**|**-**|| |ROOM HIRE DEPOSITS|**8,095**||**-**||**-**||**8,095**|**10,525**|| |FAMILY/ADULTS/CHILDREN|**-**||**3,116**||**-**||**3,116**|**-**|| |**_Sub total_**_(Gross income for_
_AR)_|_(Gross income for_
_AR)_
**159,340**||**8,167**||**-**||**167,507**|**168,407**|| |**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_**
**159,340**
**8,167**
**-**
**167,507**
**168,407**
~~——————~~|||||||||| |**A3 Payments**|||||||||| |GRANTS|**- #**|**- # **|**885**||**-**||**885**|**317**|| |REPAIRS/MAINTENANCE|**9,759**||**-**||**-**||**9,759**|**6,594**|| |BUILDING IMPROVEMENTS|**-**||||||**-**|**3,650**|| |WAGES & STAFF COSTS|**107,035**||**-**||**-**||**107,035**|**87,613**|| |LIGHT & HEATING|**17,792**||**-**||**-**||**17,792**|**13,804**|| |WATER & SEWERAGE|**1,103**||**-**||**-**||**1,103**|**1,453**|| |CLEANING COSTS|**3,928**||**-**||**-**||**3,928**|**4,392**|| |TELEPHONE/BROADBAND/IT|**1,345**||**-**||**-**||**1,345**|**2,175**|| |ROOM HIRE DEPOSITS REFUNDED|**9,044**||||||**9,044**|**11,292**|| |BUSINESS RATES|**342**||||||**342**|0 **429**|| |FIRE & SAFETY|**4,164**||||||**4,164**|**1,765**|| |DEFIBRILLATOR|**-**||**750**||||||| |FAMILY/ADULTS/CHILDREN|**-**||**2,069**||||**2,069**|**-**|| |GENERAL COSTS|**6,129**||||||**6,879**|**6,962**|| |BOILER REPLACEMENT|**-**||**-**||**-**||**-**|**36,832**|| |**_Sub total_ **|**160,641**||**3,704**||**-**||**164,345**|**177,278**|| |**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total payments_**
**160,641**
**3,704**
**-**
**164,345**
**177,278**
~~———=—~~|||||||||| |**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|**- 1,301**
**4,463**
**-**
**3,162**
**- 8,871**
**- -**
**-**
**-**
**- -**
**68,455**
**4,463**
**-**
**65,293**
~~SSSS=~~||||||||| CCXX R1 accounts (SS) 15/01/2026 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|**TRUSTEE AND TREASURER**
Signature
**Alan Mason**
**Details**
**Details**
**CASH**
**CASH - RESERVES**
**FAMILY/ADULTS/CHILDREN**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**5,631**
**46,316**
**-**
**16,508**
**5,631**
**62,824**
Agreement Error
Agreement Error
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
**ALAN MASON**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||**Alan Mason**|**ALAN MASON**|**07 10 2025**| ||**TRUSTEE AND TREASURER**||| CCXX R2 accounts (SS) 15/01/2026 2 CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl mombers of BUSHMEAD COMMUNITY CENTRE On accounts for the year ended 3110312025 Charlty no (If any) 1169398 Sot out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trust.) for the year ended 3110312025 Responslbillties and As the chanty trustees of the Trust, you are responsible for the preparation basis of rnport of the accounts in accordance with the requirements of the Charrties Act 2011 {'the Acr). I report in respect of my examination of the Trust'8 accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charrty Commission under section 145{5)(b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention (other than that disclosed below ") in connection with the examination which gives me cau88 lo believe that in, any materlal respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Indepondont examiner'3 Statsment I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to 8nable proper understanding of the accounts to be reached. Please d81ete the words in the brackets rf they do not appty. Slgnod: Date: Name: L4WRENCE PAThERSON Relevant professional qualificatlon(s) or body (If any): TREASURER I TRUSTEE RAYNHAM WAY COMMUNITY CENTRE Address: 66 EATON GREEN ROAD, LUTON, BEDFORDSHIRE, LU2 9JE IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charty accounts: directions and guidance for examiners). Glve here brlef detalls of any items that the examiner wlshes to disclose. NIA IER October 2018