## **OAKRIDGE WEST COMMUNITY ASSOCIATION CIO FINANCIAL STATEMENTS 31[st] DECEMBER 2024** 

CIO Number 1176878 Associated Charity Number 231769 

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## **OAKRIDGE WEST COMMUNITY ASSOCIATION CIO TRUSTEES ANNUAL REPORT 31st DECEMBER 2024** 

for the year ended 31[st] December 2024 

## **ADDRESS** 

Oakridge Community Centre, Upton Crescent, Basingstoke, Hants, RG21 5SN 

## **TRUSTEES** 

Harvey Van Sickle Linda Haynan Mark Aus�n Lesley Wilson (Chair) 

## **BANKERS** 

n/a n/a 

## **SOLICITORS** 

## **INDEPENDENT EXAMINER** 

Do the Numbers Ltd, 37 Upper Brownhill Road, Southampton SO16 5NG 

## **GOVERNANCE** 

CIO Registra�on Document registered on 28[th] January 2018 

## **OBJECTS as set out in Governing Document** 

orienta�on, race or of poli�cal, religious or other opinions by associa�ng together the said residents and the local authori�es, voluntary or other organisa�ons in a common effort to advance educa�on and to provide facili�es in the interests of social welfare for recrea�on and leisure �me occupa�on with the objec�ve of improving the condi�ons of life for the residents of Norden 

## **ACTIVITIES in rela�on to the objects** 

The CIO has taken over the Charity’s  lease from Basingstoke and Deane Borough council the Community Centre which is rented to Oakridge West Limited who operate the Bar and Social Club. The lease in the name of the then trustees of the charity commenced on 1[st] August 1995, back dated to 1992  running un�l 1997 and then conver�ng to an annual rental agreement with no specified end date. 

The CIO hires out rooms within the building to community groups. 

## **INVESTMENT POLICY** 

The CIO holds all of its funds in the current account. 

## **RESERVES POLICY** 

## **SIGNED ON BEHALF OF THE TRUSTEES** 

Name Date 

Lesley Wilson (Chair) 

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## **OAKRIDGE WEST COMMUNITY ASSOCIATION CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES 31st DECEMBER 2024** 

I report on the accounts of the charity for the year ended 31st December 2024 which are set out on pages 4 to 6 

## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** 

The charity's trustees are responsible for the prepara�on of the accounts. The charity's trustees consider that an audit is not required for this year under sec�on 144(2) of the Chari�es Act 2011 (the 2011 Act) and that an independent examina�on is needed. 

It is my responsibility to: examine the accounts under sec�on 145 of the 2011 Act; 

to follow the procedures laid down in the general Direc�ons given by the Charity Commission under sec�on 145(5)(b) of the 2011 Act; and to state whether par�cular ma�ers have come to my a�en�on. 

## **BASIS OF INDEPENDENT EXAMINER'S REPORT** 

My examina�on was carried out in accordance with the general Direc�ons given by the Charity Commission. An examina�on includes a review of the accoun�ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera�on of any unusual items or disclosures in the accounts, and seeking explana�ons from you as trustees concerning any such ma�ers. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those ma�ers set out in the statement below. 

## **INDEPENDENT EXAMINER'S STATEMENT** 

In connec�on with my examina�on, no ma�er has come to my a�en�on: 

(1) which gives me reasonable cause to believe that in any material respect the requirements: have not been met; or 

(2) to which, in my opinion, a�en�on should be drawn in order to enable a proper understanding of the accounts to be reached. 


Do the Numbers Ltd, 37 Upper Brownhill Road, Southampton SO16 5NG 18[th] July 2025 

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## **OAKRIDGE WEST COMMUNITY ASSOCIATION CIO INCOME AND EXPENDITURE ACCOUNT 31st DECEMBER 2024** 

|Note<br>**INCOME**<br>Grant Income<br>1<br>Event income<br>Membership Income<br>Community rentals<br>Donations received<br>**TOTAL INCOMING RESOURCES**<br>**EXPENDITURE**<br>Expenditure of grant funds<br>Event expenditure<br>Utilities<br>Rent<br>Cleaning<br>Administrator wage charge<br>Repairs and Maintenance<br>Insurance<br>Accountancy<br>Legal and Professional<br>Administration and subscriptions<br>Sundries<br>Depreciation<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOMING/ (OUTGOING) RESOURCES**|2023<br>£<br>£<br>£<br>£<br>0<br>0<br>9,316<br>1,230<br>1,230<br>0<br>998<br>998<br>1,567<br>17,993<br>17,993<br>9,368<br>9,600<br>9,600<br>22,665<br>0<br>Unrestricted<br>Funds<br>Restricted<br>funds<br>Total Funds<br>2024|2023<br>£<br>£<br>£<br>£<br>0<br>0<br>9,316<br>1,230<br>1,230<br>0<br>998<br>998<br>1,567<br>17,993<br>17,993<br>9,368<br>9,600<br>9,600<br>22,665<br>0<br>Unrestricted<br>Funds<br>Restricted<br>funds<br>Total Funds<br>2024|
|---|---|---|
||29,821<br>0<br>29,821#<br>42,916||
||0<br>0<br>1,160<br>1,160<br>11,589<br>11,589<br>1,969<br>1,969<br>5,401<br>5,401<br>0<br>0<br>2,084<br>2,084<br>760<br>760<br>200<br>200<br>245<br>245<br>1,097<br>1,097<br>191<br>191<br>1,819<br>1,819|4,013<br>0<br>10,092<br>1,487<br>3,672<br>1,579<br>10,233<br>1,531<br>400<br>180<br>1,078<br>196<br>0|
||26,514<br>0<br>26,514|34,461|
||3,307<br>0<br>3,307||
|||8,455|



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## **OAKRIDGE WEST COMMUNITY ASSOCIATION CIO BALANCE SHEET AS AT 31 December 2024** 

|**OAKRIDGE WEST COMMUNITY ASSOCIATION CIO**<br>**BALANCE SHEET**<br>**AS AT 31 December 2024**|||
|---|---|---|
|Note<br>**FIXED ASSETS**<br>Tangible assets<br>3<br>Fixed asset investments<br>**CURRENT ASSETS**<br>Prepayments and sundry debtors<br>Trade debtors<br>Cash at bank and in hand<br>**CURRENT LIABILITIES**<br>Trade creditors<br>Accruals and sundry creditors<br>**NET CURRENT ASSETS**<br>**NET ASSETS**<br>**FUNDS**<br>Unrestricted fund brought forward<br>4<br>Surplus / (defcit) in year<br>**TOTAL FUNDS**<br>Charity Funds transferred on 1stJanuary 2023|2024<br>2023<br>£<br>£<br>£<br>£<br>5,457<br>7,276<br>0<br>0<br>5,457<br>7,276<br>3,280<br>2,624<br>1,625<br>5,702<br>23,914<br>16,018<br>28,819<br>24,345<br>2,066<br>2,341<br>692<br>1,070<br>2,758<br>3,411<br>26,060<br>20,934<br>31,517<br>28,210<br>28,210<br>0<br>0<br>19,755<br>3,307<br>8,455<br>31,517<br>28,210<br>0<br>0||
|||7,276|
||||
||||
|||20,934|
||||
|||28,210|
|||0<br>19,755<br>8,455|
|||28,210|
|||0|



|Name|Lesley Wilson (Chair)|
|---|---|
|Date|0|



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## **OAKRIDGE WEST COMMUNITY ASSOCIATION CIO NOTES TO THE FINANCIAL STATEMENTS 31st DECEMBER 2024** 

## **1. ACCOUNTING POLICIES** 

Basis of accoun�ng 

investments which are included at market value and the revalua�on of certain fixed assets, and in accordance with applicable United Kingdom accoun�ng standards and The requirements of the Statement of Recommended Prac�ce 'Accoun�ng and Repor�ng by Chari�es' issued in March 2005 (SORP 2005) and FRS102 with reduced disclosure exemp�ons. 

## **2. GRANTS and related party transac�ons** 

During the year no grants were received from organisa�ons with which the Charity is related 

|**3. FIXED ASSETS**<br>COST<br>Brought forward<br>Addi�ons<br>as at 31.12.24<br>DEPRECIATION 20% reducing balance<br>Brought forward<br>Charge for the year<br>as at 31.12.24<br>NET BOOK VALUE<br>Brought forward at 01.01.24<br>Carried forward as at 31.12.24<br>**4. RESERVES**<br>Unrestricted reserve<br>Received from Charity|2024 Total<br>£<br>£<br>7,276<br>7,276<br>0<br>0<br>7,276<br>7,276<br>0<br>0<br>1,819<br>1,819<br>1,819<br>1,819<br>7,275<br>7,275<br>5,457<br>5,457<br>0<br>Income<br>Expenditure<br>Transfers<br>£<br>£<br>£<br>£<br>8,455<br>3,307<br>0<br>19,755<br>0<br>0<br>28,210<br>3,307<br>0<br>0<br>Fixtures<br>and<br>equipment<br>01.01.24<br>b/fwd|2023<br>£<br>0<br>7,276|
|---|---|---|
|||7,276|
|||0<br>0|
|||0|
||||
|||0|
||||
|||7,276|
|||£<br>11,762<br>19,755<br>c/fwd<br>31.12.24|
|||31,517|



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