REGISTERED COMPANY NUMBER: CE010927 (England and Wales) REGISTERED CHARITY NUMBER: 1173213
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025
for
The Community Hub Little Paxton
George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 0LD
The Community Hub Little Paxton
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
The Community Hub Little Paxton
Report of the Trustees for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES Objectives and aims
Community services supporting the village of Little Paxton and the surrounding area.
The object of the CIO to further or benefit the residents of Little Paxton and the surrounding neighbourhood, without distinction of gender, 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 provide facilities in the interests of social welfare for recreation and leisure time occupation and to advance sport and education with the objective of improving the conditions of life for the residents.
Performance
The Hub provides facilities for private parties for residents, dance, pilates, martial arts classes and meetings, whilst the café area is used for social gatherings and the sports pitch for junior football (both matches and training). It has been a busy year with greater usage and income from hiring growing by 10% over the previous year, offsetting increased operating costs, associated with cleaning and field maintenance.
User satisfaction remains high and security has been improved following the 'Southport Incident' with an additional magnetic lock being fitted to the inner door of the main entrance. Pitch improvement has continued thanks to the Little Paxton Colts FC and grants from the Football Foundation.
Future projects for 2025 and beyond include the installation of a PV system (solar panels), internal redecoration, and then installation of extra fencing.
FINANCIAL REVIEW
Financial position
The financial position is very healthy with a surplus of over £15000 of income over expenditure. The charity policy is to hold a general reserve of 50% of budgeted costs. Other reserves are held for facility improvements, planned maintenance and equipment replacement.
As at 31 March 25 reserves held consisted of:
General Reserve: £15,856 Building Improvements Reserve; £15,000 Pitch Improvement Reserve: £6,637 Maintenance Reserve: £5,648 Equipment Reserve: £2,000 Heating Replacement Reserve: £1,500
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational structure
Two organisations as detailed in the constitution are entitled to nominate 2 trustees each.
These are: Little Paxton Colts Football Club Kingfisher Church.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE010927 (England and Wales)
Page 1
The Community Hub Little Paxton
Report of the Trustees for the Year Ended 31 March 2025
Registered Charity number 1173213
Registered office
2 Samuel Jones Crescent Little Paxton Cambridgeshire PE19 6QY
Trustees
P Bishop Chair P M Law Treasurer C Botham (appointed 27/1/2025) E Slater (appointed 2/12/2024) M J Lydon D Neale E L Whyte
Independent Examiner
George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 0LD
Approved by order of the board of trustees on 22[nd] December 2025 and signed on its behalf by:
Paul Bishop
.......................... Trustee & Chair
Page 2
Independent Examiner's Report to the Trustees of The Community Hub Little Paxton
Independent examiner's report to the trustees of The Community Hub Little Paxton ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Caroline Hicks
Caroline Hicks ACCA of
George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 0LD
Date: 22[nd] December 2025
Page 3
The Community Hub Little Paxton
Statement of Financial Activities for the Year Ended 31 March 2025
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 41,718 - Charitable activities Charitable activities - 5,360 Total 41,718 5,360 EXPENDITURE ON Charitable activities Charitable activities 29,248 5,360 NET INCOME 12,470 - RECONCILIATION OF FUNDS Total funds brought forward 45,507 - TOTAL FUNDS CARRIED FORWARD 57,977 - |
31/3/25 31/3/24 Total Total funds funds £ £ 41,718 35,273 5,360 7,200 47,078 42,473 34,608 24,746 12,470 17,727 45,507 27,780 57,977 45,507 |
|---|---|
The notes form part of these financial statements
Page 4
The Community Hub Little Paxton
Balance Sheet 31 March 2025
| Unrestricted Restricted fund fund Notes £ £ FIXED ASSETS Tangible assets 5 1,020 - CURRENT ASSETS Debtors 6 2,312 - Cash at bank 54,645 - 56,957 - NET CURRENT ASSETS 56,957 - TOTAL ASSETS LESS CURRENT LIABILITIES 57,977 - NET ASSETS 57,977 - FUNDS 7 Unrestricted funds TOTAL FUNDS |
31/3/25 Total funds £ 1,020 2,312 54,645 56,957 56,957 57,977 57,977 57,977 57,977 |
31/3/24 Total funds £ 7,048 (1,537) 39,996 38,459 38,459 45,507 45,507 45,507 45,507 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22[nd] December 2025 and were signed on its behalf by:
Paul Bishop
............................
Trustee & Chair
The notes form part of these financial statements
Page 5
The Community Hub Little Paxton
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. These are capitalised if they can be used for more than one year.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows :-
Fixtures & Fittings 25% on cost
During the year ending 31 March 2025, a review of tangible fixed assets has taken place. Adjustments have been made to the accounts to correctly state tangible fixed assets at the residual value that the trustees believe the assets should be stated at, following correctly calculated depreciation.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 6
continued...
The Community Hub Little Paxton
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31/3/25 | 31/3/24 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 669 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
| 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 35,273 - Charitable activities Charitable activities 7,200 - Total 42,473 - EXPENDITURE ON Charitable activities Charitable activities 24,746 - NET INCOME 17,727 - RECONCILIATION OF FUNDS Total funds brought forward 27,780 - TOTAL FUNDS CARRIED FORWARD 45,507 - |
Total funds £ 35,273 7,200 42,473 24,746 17,727 27,780 45,507 |
|---|---|
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continued...
The Community Hub Little Paxton
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | ||||
| fittings | ||||
| £ | ||||
| COST | ||||
| At 1 April 2024 and 31 March 2025 | 1,689 | |||
| DEPRECIATION | ||||
| Charge for year | 669 | |||
| NET BOOK VALUE | ||||
| At 31 March 2025 | 1,020 | |||
| At 31 March 2024 | 1,689 | |||
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31/3/25 | 31/3/24 | |||
| £ | £ | |||
| Trade debtors | 2,312 | (1,537) | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.24 | in funds | 31.3.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 45,507 | 12,470 | 57,977 | |
| TOTAL FUNDS | 45,507 | 12,470 | 57,977 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 41,718 | (29,248) | 12,470 | |
| Restricted funds | ||||
| Restricted fund | 5,360 | (5,360) | - | |
| TOTAL FUNDS | 47,078 | (34,608) | 12,470 |
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continued...
The Community Hub Little Paxton
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.23 in funds £ £ Unrestricted funds General fund 27,780 17,727 TOTAL FUNDS 27,780 17,727 |
At 31.3.24 £ 45,507 45,507 |
|---|---|
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 42,473 | (24,746) | 17,727 |
| TOTAL FUNDS | 42,473 | (24,746) | 17,727 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement At 1.4.23 in funds £ £ Unrestricted funds General fund 27,780 30,197 TOTAL FUNDS 27,780 30,197 |
At 31.3.25 £ 57,977 57,977 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 84,191 | (53,994) | 30,197 |
| Restricted funds | |||
| Restricted fund | 5,360 | (5,360) | - |
| TOTAL FUNDS | 89,551 | (59,354) | 30,197 |
Page 9
continued...
The Community Hub Little Paxton
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 10
The Community Hub Little Paxton
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| 31/3/25 | 31/3/24 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 724 | 1,196 |
| Hire/Rental Income | 40,959 | 34,077 |
| Other Revenue | 35 | - |
| 41,718 | 35,273 | |
| Charitable activities | ||
| Grants | 5,360 | 7,200 |
| Total incoming resources | 47,078 | 42,473 |
| EXPENDITURE | ||
| Charitable activities | ||
| Rates and water | 1,735 | 1,711 |
| Insurance | 518 | 496 |
| Light and heat | 6,394 | 8,038 |
| Telephone | 382 | 341 |
| Postage and stationery | 6 | 29 |
| Advertising | 894 | - |
| General Expenses | 34 | 27 |
| Cleaning | 1,516 | 1,492 |
| IT Software & Consumables | 1,041 | 777 |
| Building Repairs & Maintenance | 15,075 | 4,823 |
| Garden Maintenance | 374 | 813 |
| Sports Field Maintenance | 5,694 | 6,073 |
| Subscriptions | 276 | 126 |
| 33,939 | 24,746 | |
| Support costs | ||
| Finance | ||
| Fixtures and fittings | 669 | - |
| Total resources expended | 34,608 | 24,746 |
| Net income | 12,470 | 17,727 |
This page does not form part of the statutory financial statements
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