2025-03-31-accounts

Queen’s Walk Community Association CIO (Registered charity, number 1171472) Financial statements for the year ended 31 March 2025

Page	Contents
2 - 3	Trustees’ annual report
4	Independent examiner’s report
5	Receipts & payments account
6	Statement of assets & liabilities
7 - 8	Notes to the accounts

Queen’s Walk Community Association CIO Trustees’ annual report for the year ended 31 March 2025

Full name Queen’s Walk Community Association CIO

Other names by which the charity is known QWCA

Organisation type Charitable incorporated organisation

Registered charity number 1171472

Principal address Queens Walk, The Meadows, Nottingham, NG2 2DF

Trustees Iselyn Warner, Chair Clara Anelta Warner Carol Mellis, Vice Chair Matthew Schoburgh Philip Angus, Secretary Stenneth Gordon Martyn Neal, Treasurer Nolan McKenzie Waheed Iqbal Faylisha Scott, from 28/04/25 Khalid Akram, until 14/05/24 Miranda Cumberbatch, until 01/07/25

Independent examiner

John O’Brien, 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 CIO – Association constitution adopted 6[th] February 2017.

Our trustees are appointred by the Board.

Objectives and activities

To further or benefit the residents of The Meadows area of Nottingham and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents. In furtherance of these objects but not otherwise, the Trustees shall have power: to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects.

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Queen’s Walk Community Association CIO

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 activities undertaken for the public benefit

Working with our user groups, and our own Social Club, we accommodate a wide range of activities, catering for the breadth of the local community irrespective of race, age and gender. The activities help with their health and wellbeing encouraging people to socialise, be entertained, educated and supported.

Summary of the main achievements during the period

Faced with a continuing inability to forward plan because of the local Authority’s position (or lack of position) on the future of the building, we feel like we are treading water. Accordingly, our main achievement during the period was the same as last year, namely, to keep the building open and functioning for the community, despite rising bills, withdrawal of support from the Local Authority, and imposition of extra financial charges by the Local Authority. The additional achievement was to overcome, by ourselves, an issue with a fire escape (arising from years of lack of maintenance) which could have led to the closure of the building.

Financial review

For the reasons given above, we are stuck in the same position as last year. In the short term we are managing to keep the building open, clean, lit, and heated. Although another event like the fire escape could push us over the edge. In the long term because the local authority’s plans for the building are still not clear we cannot be happy about the medium- or long-term financial position.

The charity’s policy on reserves

We have no specific policy on reserves, however we like to retain a minimum of £25,000.

Financial risks

That control of the Centre might be taken out of our hands altogether and/or that if the uncertainty in the Council's position continues much longer we will be unable to make the financial moves needed to secure the long term of the building (given the deterioration which has been allowed by the Local Authority over a number of years) and we will simply run out of money.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Iselyn Warner, Trustee

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Independent examiner’s report to the trustees of Queen’s Walk Community Association CIO for the year ended 31 March 2025

I report to the trustees on my examination of the accounts of Queen’s Walk Community Association CIO (the charity) for the year ended 31 March 2025.

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 _______ John O’Brien MSc, FAIA, FCIE Employee of Community Accounting Plus

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Queen’s Walk Community Association CIO Receipts & payments account for the year ended 31 March 2025

2024 Total Unrestricted Funds Funds £ Note £ Receipts 15582 Grants & donations 2 - 120 Membership 200 69959 Rents & services 112270 1257 Sundry receipts 6 86918 Total receipts 112476 Payments 245 Activities & trips - 1474 Bank charges 1434 752 Bookkeeping 314 4180 Cleaning 4447 1256 Equipment, repairs & renewals 2657 4001 Fraudulent transactions - 168 Hospitality/Refreshments 200 570 Independent examination 630 815 Insurance 2775 2679 Legal & professional 1892 1226 Licences 170 593 Payroll service 450 219 Premises maintenance 260 478 Printing & stationery 73 216 Publications & subscriptions 3892 483 Sundry payments 492 2600 Telephone, postage & IT 1313 7 Travel expenses 212 36355 Utilities 35565 36821 Wages, NI & pension 43132 95138 Total payments 99908 (8220) Net receipts/(payments) 12568 48008 Cash funds at start of this period 39788 39788 Cash funds at end of this period 52356	Restricted Funds £ 3550 - - - 3550 - - - - - - - - - - - - - - - - - - 3550 - 3550 - - -	2025 Total Funds £ 3550 200 112270 6
		116026
		- 1434 314 4447 2657 - 200 630 2775 1892 170 450 260 73 3892 492 1313 212 39115 43132
		103458
		12568 39788
		52356

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Queen’s Walk Community Association CIO Statement of assets and liabilities at 31 March 2025

2024 £ Cash assets Note 39787 Bank accounts 1 Cash in hand 39788 Other monetary assets 7888 Debtors & prepayments 4 7888 Assets retained for the charity’s own use General equipment. Office chair, purchased January 2021, cost £550. Liabilities (2768) Creditors 5 - Advance receipts (2768)	2025 £ 52301 55
	52356
	12569
	12569
	(817) (250)
	(1067)

These financial statements are accepted on behalf of the charity by:

Signed _____ Dated _____ Iselyn Warner, Trustee

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Queen’s Walk Community Association CIO Notes to the accounts for the year ended 31 March 2025

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

Nottingham City Council Funds analysis Restricted funds Block fund Unrestricted funds General fund	Opening balance £ - - 39788 39788	Unrestricted Restricted £ £ - 3550 - 3550 Receipts (Payments) Closing balance £ £ £ 3550 (3550) - 3550 (3550) - 112476 (99908) 52356 112476 (99908) 52356	Total £ 3550
			3550

3. Funds analysis

4. Debtors & prepayments

Debtors - Rents & services Debtor - Wages, NI & pension - HMRC Prepayment - Licence Prepayment - Insurance	£ 11031 168 131 1239 12569

5. Creditors

Independent examination Payroll service Wages NI & pensions - Nest	£ 654 150 13
	817

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Queen’s Walk Community Association CIO

6. Premises & staff

The premises are provided by the local authority.

7. Trustees’ remuneration

Stenneth Gordon received wages for his work as the Bar Manager totalling £1,898 during the financial year.

8. Related party transactions

There were no related party transactions during the period.

9. Glossary of terms

Advance receipts: These are amounts received by the charity in the accounting period, for use in a future period.

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in 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.

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