nort
socia
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Northchurch Community Centre
Annual report and financial statements
Year ended 31 March 2025
Charity no 1180455
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
**Contents**
## **Contents**
|Legal and administrative information|2|
|---|---|
|Trustees’ annual report|3|
|Independent examiner’s report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the financial statements|9|
Registered charity no 1180455
**1**
**Legal & administrative information**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **Legal and administrative information**
|**Charity name**|Northchurch Community Centre|Northchurch Community Centre|
|---|---|---|
|**Charity registration no**|1180455||
|**Registered office**|Northchurch Social Centre||
||Bell Lane||
||Berkhamsted, Hertfordshire||
||HP4 3RD||
|**Trustees**|Mrs G Austin|(Chair)|
||Mr A Barker|(resigned June 2024)|
||Mr A Payne||
||Dr P Moyo|(resigned March 2025)|
||Ms Y Larkins||
|**Independent examiner**|Enaid Accountancy Ltd||
||Units 24 & 25||
||Goodsheds Container Village||
||Hood Road||
||Barry||
||CF62 5QU||
|**Primary bankers**|Lloyds Bank plc||
||25 Gresham Street||
||London||
||EC2V 7HN||
Registered charity no 1180455
**2**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
**Trustees’ annual report**
## **Trustees’ annual report**
The Board of Trustees submit their annual report and the financial statements of Northchurch Community Centre for the year ended 31 March 2025. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Charity's governing document and the provisions of 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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Objects**
The objects of the charity are:
- To promote the well-being of residents in Northchurch and surrounding areas by associating public authorities concerned, voluntary organisations, other parties and residents in a common effort to further health, to advance education, to provide facilities for physical and mental training and recreation, and social, moral and intellectual development, and to foster a community spirit for the achievement of these and other charitable objects; and,
- To maintain, manage and develop the community centre or to cooperate with any local statutory authority, authorities or other parties in the community in the maintenance and management of such a centre, for activities promoted by the association and its constituent bodies in furtherance of the foregoing objects or any of them.
The trustees have complied with the duty to have due regard to the public benefit guidance published by the Charity Commission with respect to planning and undertaking the activities outline above.
## **Achievements and performance**
The Social Centre continues to support those in the local community, and 2024-25 was a year of trialling new events to meet needs in the community and creating a warm and welcome space for all. We have welcomed more new groups and seen footfall over 25,000; with growing numbers of attendees at our weekly community cafe and more social engagement with the community, capacity remains our top priority.
Our developments continued this year, with insulation for the roof, resulting in a significant reduction to heating required and positive comments from hirers. Plans for building works continued with consultations taking place with neighbours and others in the community who visited our open day. Most queries related to the height of the extension and purpose of the new build. Toilets and other areas were decorated and sensor lighting installed in the kitchen and toilets to reduce electricity and our carbon footprint, whilst also making the Centre a key place to come for warmth and friendship, easing financial pressures on our community. We are deeply grateful to everyone who contributed financially to make this possible. Most financial outgoings have been paid for using the Social Centre’s current accounts; monies left by various sources, such as Dorothy Webb – who left an endowment in her Will many years ago – to Northchurch Parish Council. We are working towards a £200,000 fund to build an extension on the front of the centre to increase capacity for more users and to upgrade the kitchen to allow more groups to include cooking and catering as part of their activities. At this time of writing, we are half-way towards our fundraising target, as the cost of materials increases.
During the year, we have seen a number of important community initiatives. In October, we held our third community open day, which invited our users to showcase their activities to local residents. The event was also a gift to the community, as we invited local suppliers and businesses to attend and organised entertainment for families and children. The event allowed us to connect with those in the community who might not otherwise visit the centre, both sharing about development plans for the centre and to seek their thoughts on the matter and consulting with them about events and services which may be helpful for their wellbeing and enjoyment. Our weekly community café - beginning as part of the Warm Spaces national initiative - now welcomes more than 20 people on a regular basis. This social space has provided many regular users and those ‘dropping in’ with a warm and social space to play games, converse, learn more about art and develop their own skills and interests. In one instance, a local man was unable to access any external services in the community due to his mobility scooter being serviced. During this time, the Social Centre team supported him to access support to continue his usual community activities, through kindness, compassion and practical resolutions.
We have a wonderful Centre Manager, without whom the Social Central would not and could not operate with such efficiency. Linzi’s approach and care are what sets the Social Centre apart, ensuring that all those who come into contact with the Centre are welcomed, assisted, consulted and valued. In addition, Frances, our cleaner, continues to maintain a spotless Centre, which hirers and service users have come to trust.
Registered charity no 1180455
**3**
**Trustees’ annual report**
## **Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
Linzi oversees the volunteers, coordinating rotas for the café and events, and creating an environment and sense of team where each person feels valued for their commitment. Our regular volunteers continue to engage in Centre activities, often helping at community events in addition to their café roles. This year our corporate volunteer groups have increased, with groups from local and national organisations helping through decorating, gardening and sharing their skills.
I would also like to thank Enaid Accountancy, who manage our finances and Anna Foster who manages our communications, and those on the committees and volunteers who help to inform decisions and run events at the Centre.
## **Financial Review**
During the current financial year, the charity incurred a deficit after revaluation of investments of £3,999 (2024 – deficit of £10,382), decreasing total reserves at year end to £272,434 (2024 - £276,433).
Of the total reserves held at year end £112,870 were unrestricted in nature (2024 - £101,838) although £74,300 (2024 - £72,529) was designated towards the future extension plan, resulting in general funds of £38,570 (2024 - £29,309).
## **Reserves Policy**
The policy of the trustees is to endeavour to ensure that the hiring charges in the year cover the estimated ongoing annual costs.
The DM Webb fund is held in reserve and may only be utilised should the trustees agree that major structural additions to the property are necessary to meet the Charities objectives. In the current year, these funds were not used and have been set aside to form the basis of the redevelopment work when the extension work begins – planned for 2025/26.
During the current period the Trustees agreed that the free reserves of the charity should be defined as the element of the general unrestricted fund that is not related to fixed assets. The minimum level of free reserves was set at £33,750, which is the equivalent of 75% of the annual budget for the year. As noted above, general reserves at year end were £38,750 (2024 - £29,309) which is slightly above this target.
## **Structure, Governance and Management**
## **Governing Document**
The charitable incorporated organisation was registered with the Charity Commission in England & Wales on 29 October 2018 and is governed by its constitution. All assets and liabilities of the old trust, Northchurch & District Association (charity number
236409), were transferred to the new charitable incorporated organisation as of 1 April 2019.
## **Recruitment and Appointment of Trustees**
Trustees are elected to the board of trustees at the annual general meeting and hold office for a term of three years. Trustees can only be appointed by the board of trustees. There are a minimum of 3 trustees and no maximum number.
## **Organisational structure**
The board of trustees are responsible for governance of the charity, but delegate day to day management of the centre to an administrator.
## **Statement of Board of Trustees’ Responsibilities**
The trustees are responsible for preparing the trustees’ Annual Report and the financial statements in accordance with applicable law and regulations.
Charity law requires the trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
Registered charity no 1180455
**4**
**Trustees’ annual report**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website.
Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the trustees confirm that they are happy that the content of the annual review in pages 3-5 of this document as well as the legal and administrative details on page 2, meet the requirements of the trustees’ Annual Report under charity law.
They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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) second edition (effective 1 January 2019).
This report was approved and authorised for issue by the Board of Trustees on 20 January 2026 and signed on its behalf by:
Gillian Austin
**Chair**
Registered charity no 1180455
**5**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
**Independent examiner’s report**
## **Independent examiner’s report to the board of trustees of Northchurch Community Centre**
I report to the trustees on my examination of the accounts of Northchurch Community Centre (charity number 1180455) for the year ended 31 March 2025 set out on pages 7 to 18.
## **Respective responsibilities of trustees and examiner**
The Charity's Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and,
- to state whether particular matters have come to my attention.
This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
## **Andrew Nash FCA**
For and on behalf of Enaid Accountancy Ltd
Member of the Institute of Chartered Accountants in England & Wales (no. 2461833)
Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU
Date: 27 January 2026
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 matters set out in the statement below.
Registered charity no 1180455
**6**
**Statement of financial activities**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **Statement of financial activities**
## **For the year ended 31 March 2025**
**----- Start of picture text -----**
Unrestricted Endowment Restricted Total Total
Funds Funds Funds Funds Funds
Year ended Year ended Year ended Year ended Year ended
31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2024
Notes £ £ £ £ £
Income from:
Donations and legacies 3 2,253 - - 2,253 1,842
Charitable activities 4 51,345 - - 51,345 49,644
Investment income 1,771 - 2,325 4,096 3,910
Total income 55,369 - 2,325 57,694 55,396
Expenditure on:
Raising funds 5 4,353 - - 4,353 5,094
Charitable activities -
Hall hirings 5 39,984 - 15,856 55,840 64,184
Total expenditure 44,337 - 15,856 60,193 69,278
Net income/(expenditure) 11,032 - (13,531) (2,499) (13,882)
Net gains/(losses)
on investments 8 - - (1,500) (1,500) 3,500
Net movement in funds 11,032 - (15,031) (3,999) (10,382)
Reconciliation of funds:
Balance brought forward 11 & 12 101,838 93,390 81,205 276,433 286,815
Balance carried forward 11 & 12 112,870 93,390 66,174 272,434 276,433
**----- End of picture text -----**
The notes on pages 9 to 18 form part of the financial statements.
Registered charity no 1180455
**7**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
**Balance sheet**
## **Balance sheet**
## **As at 31 March 2025**
**----- Start of picture text -----**
Total Total
Funds Funds
31 Mar 2025 31 Mar 2024
Notes £ £ £ £
Fixed assets:
Tangible fixed assets 7 122,740 136,316
Investments 8 54,657 53,832
Total fixed assets 177,397 190,148
Current assets
Debtors 9 1,104 83
Cash at bank and in hand 97,841 91,299
Total current assets 98,945 91,382
Creditors - amounts falling due
within one year 10 (3,908) (5,097)
Net current assets 95,037 86,285
Net assets 272,434 276,433
Funds of the charity:
Restricted funds 11 & 12 66,174 81,205
Endowment funds 11 & 12 93,390 93,390
Unrestricted funds
General funds 11 & 12 38,570 29,309
Designated funds 11 & 12 74,300 72,529
112,870 101,838
272,434 276,433
**----- End of picture text -----**
The notes on pages 9 to 18 form part of the financial statements.
These financial statements were approved and authorised for issue by the Board of Trustees on 20 January 2026 and signed on their behalf by:
Gillian Austin
## **Chair**
Registered charity no 1180455
**8**
**Notes to the financial statements**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **Notes to the financial statements**
## **1. Accounting policies**
## **Basis of preparation of the financial statements**
The financial statements have been prepared in accordance with ‘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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The effect of any event relating to the period ended 31 March 2025, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 March 2025 and the results for the year ended on that date.
## The functional currency of the charity is sterling.
The amounts in the financial statements are rounded to the nearest pound.
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.
## **Going concern**
The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is more than sufficient to meet current commitments. There are no material uncertainties that impact this assessment.
## **Legal status**
Northchurch Community Centre is a charitable incorporated organisation registered in England and Wales and meets the definition of a public benefit entity. In the event of the Charity being wound up, the trustees of the Charity hold no liability. The registered address is Northchurch Social Centre, Bell Lane, Berkhamsted, Hertfordshire, HP4 3RD.
## **Fund Accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
specific fund. The aim and use of each restricted fund is set out in note 11 of the financial statements.
## **Income**
Income is recognised when the charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable.
Grant income is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the grant relates to a future period, in which case it is deferred.
Income from charitable activities, including rental income, is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specific future period or event, in which case it is deferred.
## Interest is recorded when it is receivable.
Dividends are accounted for when due, and tax recoverable on such income is accounted for based on the repayment due in the fiscal year ending in that accounting year.
Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at the period end.
## **Expenditure and irrecoverable VAT**
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.
Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated directly to charitable activities as any fundraising costs relate to external support and require no administrative support. A breakdown of these expenses is outlined in note 5 of the financial statements.
Irrecoverable VAT is charged against the category of expenditure for which it was incurred.
Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the
Registered charity no 1180455
**9**
**Notes to the financial statements**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **Tangible fixed assets and depreciation**
All assets costing more than £500 are capitalised and stated at cost. Depreciation is not provided on the land as useful life of the land is deemed to be indefinite.
Depreciation on all other assets is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their useful life, on a straightline basis. The useful life used is:
Property improvements 10 years Fixtures & fittings 3 years
## **Creditors and accruals**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.
## **Financial instruments**
Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.
## **Investments**
## **Critical estimates and judgements**
Investments are initially measured at their cost and subsequently measured at their fair value at each reporting date, which gives rise to unrealised gains/losses at the end of the financial period which is reflected in the SOFA. Realised gains/losses are calculated as the difference between the sales proceeds and the opening carrying value or the purchase price if acquired during the financial period. Partial disposals are accounted for using the average value. Fair value is based on the quoted price at the balance sheet date without deduction of estimated future selling costs.
## **Cash at bank and in hand**
In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The treatment of tangible fixed assets is sensitive to changes in useful economic lives and residual values of assets. These are reassessed annually.
In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.
Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.
## **Debtors and prepayments**
Trade and other debtors are recognised at the settlement amount after any trade discount is applied. Prepayments are valued at the amount prepaid net of any trade discounts due.
Registered charity no 1180455
**10**
**Notes to the financial statements**
Annual report and financial statements Year ended 31 March 2025
## **Northchurch Community Centre**
## **2. Comparative statement of financial activities**
**----- Start of picture text -----**
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024
Notes £ £ £ £
Income from:
Donations and legacies 3 1,842 - - 1,842
Charitable activities 4 49,644 - - 49,644
Investment income 1,728 - 2,182 3,910
Total income 53,214 - 2,182 55,396
Expenditure on:
Raising funds 5 5,094 - - 5,094
Charitable activities -
Hall hirings 5 47,917 - 16,267 64,184
-
Total expenditure 53,011 16,267 69,278
Net income/(expenditure) 203 - (14,085) (13,882)
Net gains/(losses)
on investments 8 - - 3,500 3,500
Net movement in funds 203 - (10,585) (10,382)
Reconciliation of funds:
Balance brought forward 10 & 11 101,635 93,390 91,790 286,815
Balance carried forward 10 & 11 101,838 93,390 81,205 276,433
**----- End of picture text -----**
Registered charity no 1180455
**11**
**Notes to the financial statements**
Annual report and financial statements Year ended 31 March 2025
## **Northchurch Community Centre**
## **3. Income from donations and legacies**
**----- Start of picture text -----**
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025
£ £ £ £
Grants 350 - - 350
Other donations and income 1,903 - - 1,903
2,253 - - 2,253
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024
Grants 1,150 - - 1,150
Other donations and income 692 - - 692
1,842 - - 1,842
**----- End of picture text -----**
## **4. Income from charitable activities**
**----- Start of picture text -----**
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025
£ £ £ £
Hiring receipts 51,345 - - 51,345
51,345 - - 51,345
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024
£ £ £ £
- -
Hiring receipts 49,644 49,644
49,644 - - 49,644
**----- End of picture text -----**
Registered charity no 1180455
**12**
**Notes to the financial statements**
Annual report and financial statements Year ended 31 March 2025
## **Northchurch Community Centre**
## **5. Total expenditure**
**----- Start of picture text -----**
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025
£ £ £ £
Raising funds 4,353 - - 4,353
Charitable activities
Staff costs 17,338 - - 17,338
Repairs and upkeep of premises 2,642 - - 2,642
Repairs and renewals of equipment 4,803 - - 4,803
Depreciation of fixtures and fittings - - 15,856 15,856
Utilities 6,559 - - 6,559
Other office costs 4,243 - - 4,243
Governance costs 4,399 - - 4,399
Charitable activities 39,984 - 15,856 55,840
44,337 - 15,856 60,193
**----- End of picture text -----**
**----- Start of picture text -----**
Unrestricted Endowment Restricted Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024
£ £ £ £
- -
Raising funds 5,094 5,094
Charitable activities
Staff costs 16,749 - - 16,749
- -
Repairs and upkeep of premises 9,970 9,970
- -
Repairs and renewals of equipment 4,602 4,602
- -
Depreciation of fixtures and fittings 16,267 16,267
Utilities 4,556 - - 4,556
Other office costs 3,566 - - 3,566
Governance costs 8,474 - - 8,474
Charitable activities 47,917 - 16,267 64,184
53,011 - 16,267 69,278
**----- End of picture text -----**
Governance costs includes:
|Independent examination
Other professional fees
Insurance|**Total**
**Funds**
**Year ended**
**31 Mar 2025**
**£**
**960**
**1,055**
**2,384**
**4,399**|Total
Funds
Year ended
31 Mar 2024
£
930
4,159
3,385
8,474|
|---|---|---|
Registered charity no 1180455
**13**
**Notes to the financial statements**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **6. Staff costs**
**----- Start of picture text -----**
Total Total
Funds Funds
Year ended Year ended
31 Mar 2025 31 Mar 2024
£ £
Gross salaries 17,035 16,454
Employers pension 303 295
17,338 16,749
**----- End of picture text -----**
The average headcount during the period was 2 persons (2024 – 2 persons).
No employee received employee benefits of more than £60,000 (2024 – Nil) and no employee constituted key management personnel (2024 – Nil).
## **7. Tangible fixed assets**
**----- Start of picture text -----**
Property Fixtures & Freehold Total
improvements fittings land assets
Cost
As of 1 April 2024 124,210 12,156 24,877 161,243
Additions in period 2,280 - - 2,280
As of 31 March 2025 126,490 12,156 24,877 163,523
Accumulated depreciation
As of 1 April 2024 16,148 8,779 - 24,927
Charge in period 12,479 3,377 - 15,856
As of 31 March 2025 28,627 12,156 - 40,783
Net book value
As of 1 April 2024 108,062 3,377 24,877 136,316
As of 31 March 2025 97,863 - 24,877 122,740
**----- End of picture text -----**
Registered charity no 1180455
**14**
**Notes to the financial statements**
Annual report and financial statements Year ended 31 March 2025
## **Northchurch Community Centre**
## **8. Fixed asset investments**
**----- Start of picture text -----**
Total Total
Funds Funds
31 Mar 2025 31 Mar 2024
£ £
Market value brought forward 53,832 48,150
Additions at cost - -
Dividends received 2,325 2,182
Net gains/(losses) in period (1,500) 3,500
Market value carried forward 54,657 53,832
**----- End of picture text -----**
Analysis of market value of investments by investment type:
**----- Start of picture text -----**
Total Total
Funds Funds
31 Mar 2025 31 Mar 2024
£ £
UK listed equities 48,250 49,750
Other funds including cash 6,407 4,082
54,657 53,832
**----- End of picture text -----**
## **9. Debtors**
|Accounts Receivable
Prepayments|**Total**
**Funds**
**31 Mar 2025**
**£**
**804**
**300**
**1,104**|Total
Funds
31 Mar 2024
£
_-_
83
83|
|---|---|---|
## **10. Creditors – amounts falling due within one year**
|Accruals
Rental deposits
Rental income received in advance
Other creditors|**Total**
**Funds**
**31 Mar 2025**
**£**
**1,136**
**1,425**
**657**
**690**
**3,908**|Total
Funds
31 Mar 2024
£
1,187
1,315
1,080
1,515
5,097|
|---|---|---|
Registered charity no 1180455
**15**
**Notes to the financial statements**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **11. Analysis of charity funds**
**----- Start of picture text -----**
Balance Income Amounts Transfer Gains/ Balance
brought received expended between (losses) on carried
forward in year in year funds revaluation forward
Year ended Year ended Year ended Year ended Year ended Year ended
31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025 31 Mar 2025
£ £ £ £ £ £
Unrestricted funds
General funds 29,309 53,598 (44,337) - - 38,570
Designated funds
Major repairs 72,529 1,771 - - - 74,300
Total designated funds 72,529 1,771 - - - 74,300
Total unrestricted funds 101,838 55,369 (44,337) - - 112,870
Restricted funds
Refurbishment 81,205 2,325 (15,856) - (1,500) 66,174
Total restricted funds 81,205 2,325 (15,856) - (1,500) 66,174
Endowment funds
DM Webb capital fund 68,513 - - - - 68,513
Building fund 24,877 - - - - 24,877
Total endowment funds 93,390 - - - - 93,390
Total funds 276,433 57,694 (60,193) - (1,500) 272,434
**----- End of picture text -----**
## **Designated funds**
The designated fund consists of funds that the trustees have put aside to support the ongoing building work and major repairs to the centre.
## **Restricted funds**
During previous years the trustees received a donation of shares which are to be used to support the redevelopment of the site once the plans have been confirmed as well as other donations to support this.
## **Endowment funds**
The capital fund of the DM Webb fund is held in reserve and may only be utilised should the trustees agree that major structural additions to the property are necessary to meet the Charities objectives. Any investment income not spent in the year must be held in a restricted reserve for use on future redecoration/refurbishment.
The building fund represents the value of the freehold land.
Registered charity no 1180455
**16**
**Notes to the financial statements**
Annual report and financial statements Year ended 31 March 2025
## **Northchurch Community Centre**
## **11. Analysis of charity funds (continued from previous page)**
**----- Start of picture text -----**
Balance Income Amounts Transfer Gains/ Balance
brought received expended between (losses) on carried
forward in year in year funds revaluation forward
Year ended Year ended Year ended Year ended Year ended Year ended
31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024 31 Mar 2024
£ £ £ £ £ £
Unrestricted funds
General funds 30,834 51,486 (53,011) - - 29,309
Designated funds
- - -
Major repairs 70,801 1,728 72,529
- - -
Total designated funds 70,801 1,728 72,529
Total unrestricted funds 101,635 53,214 (53,011) - - 101,838
Restricted funds
Refurbishment 91,790 2,182 (16,267) - 3,500 81,205
Total restricted funds 91,790 2,182 (16,267) - 3,500 81,205
Endowment funds
- - - -
DM Webb capital fund 68,513 68,513
- - - -
Building fund 24,877 24,877
Total endowment funds 93,390 - - - - 93,390
Total funds 286,815 55,396 (69,278) - 3,500 276,433
**----- End of picture text -----**
## **12. Analysis of net assets**
|**12. Analysis of net assets**||||
|---|---|---|---|
|**Unrestricted**
**Funds**
**31 Mar 2025**
**£**
Fixed assets
**17,833**
Current assets
**98,945**
Current liabilities
**(3,908)**
**112,870**|**Endowment**
**Funds**
**31 Mar 2025**
**£**
**93,390**
**-**
**-**
**93,390**|**Restricted**
**Funds**
**31 Mar 2025**
**£**
**66,174**
**-**
**-**
**66,174**|**Total**
**Funds**
**31 Mar 2025**
**£**
**177,397**
**98,945**
**(3,908)**
**272,434**|
|Unrestricted
Funds
31 Mar 2024
£
Fixed assets
15,553
Current assets
91,382
Current liabilities
(5,097)
101,838|Endowment
Funds
31 Mar 2024
£
93,390
-
-
93,390|Restricted
Funds
31 Mar 2024
£
81,205
-
-
81,205|Total
Funds
31 Mar 2024
£
190,148
91,382
(5,097)
276,433|
Registered charity no 1180455
**17**
**Notes to the financial statements**
**Northchurch Community Centre** Annual report and financial statements Year ended 31 March 2025
## **13. Trustee remuneration**
During the year, no trustee received any remuneration (2024 - £Nil). No members of the Board of Trustees received reimbursement of expenses related to attendance at trustee meetings (2024 - £Nil).
## **14. Related party transactions**
During the year there were no related party transactions (2024 - £Nil).
Registered charity no 1180455
**18**
## NOR001 - Final Accounts - 31 March 2025
Final Audit Report
2026-01-28
Created: 2026-01-27 By: Andrew Nash (andy@enaidaccountancy.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAV-wnzFmK73cia2d5aOlJz2fhrfieSJww
## "NOR001 - Final Accounts - 31 March 2025" History
Document created by Andrew Nash (andy@enaidaccountancy.co.uk)
2026-01-27 - 6:04:45 PM GMT
Document emailed to gillian@northchurch-social-centre.co.uk for signature
2026-01-27 - 6:06:25 PM GMT
Email viewed by gillian@northchurch-social-centre.co.uk
2026-01-27 - 9:44:07 PM GMT
Signer gillian@northchurch-social-centre.co.uk entered name at signing as Gillian Austin 2026-01-27 - 9:45:09 PM GMT
Document e-signed by Gillian Austin (gillian@northchurch-social-centre.co.uk) Signature Date: 2026-01-27 - 9:45:11 PM GMT - Time Source: server
Document emailed to Andrew Nash (andy@enaidaccountancy.co.uk) for signature 2026-01-27 - 9:45:13 PM GMT
Email viewed by Andrew Nash (andy@enaidaccountancy.co.uk) 2026-01-28 - 8:28:54 AM GMT
Document e-signed by Andrew Nash (andy@enaidaccountancy.co.uk) Signature Date: 2026-01-28 - 8:30:23 AM GMT - Time Source: server
Agreement completed.
2026-01-28 - 8:30:23 AM GMT