REGISTERED COMPANY NUMBER: 11361021 (England and Wales) REGISTERED CHARITY NUMBER: 1181123
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025
FOR
THE BOREHAM WOOD COMMUNITY TRUST
Maple Accountancy Ltd Carter House Wyvern Court Stanier Way Derby Derbyshire DE21 6BF
THE BOREHAM WOOD COMMUNITY TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 to 4 |
| Notes to the Financial Statements | 5 to 9 |
| Detailed Statement of Financial Activities | 10 |
THE BOREHAM WOOD COMMUNITY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 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 30th June 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).
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.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
11361021 (England and Wales)
Registered Charity number
1181123
Registered office
Meadow Park Broughinge Road Borehamwood WD6 5AL
Trustees
M R Dawe N J Godsave D G Hunter C Hunter
Company Secretary
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. D G Hunter - Trustee
Page 1
THE BOREHAM WOOD COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities General 29,740 Other trading activities 2 20,000 Total 49,740 EXPENDITURE ON Raising funds 40,158 Charitable activities General 2,554 Other 697 Total 43,409 NET INCOME/(EXPENDITURE) 6,331 RECONCILIATION OF FUNDS Total funds brought forward 13,742 TOTAL FUNDS CARRIED FORWARD 20,073 |
2024 Total funds £ 27,475 18,600 46,075 43,934 2,407 1,019 47,360 (1,285) 15,027 13,742 |
|---|---|
The notes form part of these financial statements
Page 2
THE BOREHAM WOOD COMMUNITY TRUST
BALANCE SHEET
30TH JUNE 2025
| 2025 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 23,791 CREDITORS Amounts falling due within one year 6 (3,718) NET CURRENT ASSETS 20,073 TOTAL ASSETS LESS CURRENT LIABILITIES 20,073 NET ASSETS 20,073 FUNDS 7 Unrestricted funds 20,073 TOTAL FUNDS 20,073 |
2024 Total funds £ 17,334 (3,592) 13,742 13,742 13,742 13,742 13,742 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.
The notes form part of these financial statements
continued...
Page 3
THE BOREHAM WOOD COMMUNITY TRUST
BALANCE SHEET - continued
30TH JUNE 2025
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 ............................................. and were signed on its behalf by:
.............................................
D G Hunter - Trustee
The notes form part of these financial statements
Page 4
THE BOREHAM WOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 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.
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.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Sponsorships | 20,000 | 18,600 |
Page 5
continued...
THE BOREHAM WOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30th June 2025 nor for the year ended 30th June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| Directors | 4 | 2 |
| No employees received emoluments in excess of £60,000. | ||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |
| Unrestricte | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Charitable activities | ||
| General | 27,475 | |
| Other trading activities | 18,600 | |
| Total | 46,075 | |
| EXPENDITURE ON | ||
| Raising funds | 43,934 | |
| Charitable activities | ||
| General | 2,407 | |
| Other | 1,019 | |
| Total | 47,360 | |
| NET INCOME/(EXPENDITURE) | (1,285) | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 15,027 |
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Page 6
continued...
THE BOREHAM WOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|---|
| Unrestricte | |||||
| fund | |||||
| £ | |||||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 13,742 | ||||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Amounts owed to participating interests | 1,342 | 1,342 | |||
| Accruals and deferred income | 2,376 | 2,250 | |||
| 3,718 | 3,592 | ||||
| 7. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.7.24 | in funds | 30.6.25 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 13,742 | 6,331 | 20,073 | ||
| TOTAL FUNDS | 13,742 | 6,331 | 20,073 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in | funds | ||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 49,740 | (43,409) | 6,331 | ||
| TOTAL FUNDS | 49,740 | (43,409) | 6,331 |
continued...
Page 7
THE BOREHAM WOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.7.23 | in funds | 30.6.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 15,027 | (1,285) | 13,742 |
| TOTAL FUNDS | 15,027 | (1,285) | 13,742 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 46,075 | (47,360) | (1,285) |
| TOTAL FUNDS | 46,075 | (47,360) | (1,285) |
| A current year 12 months and prior year 12 months combined position is as | follows: | ||
| Net | |||
| movement | At | ||
| At 1.7.23 | in funds | 30.6.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 15,027 | 5,046 | 20,073 |
| TOTAL FUNDS | 15,027 | 5,046 | 20,073 |
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 | 95,815 | (90,769) | 5,046 |
| TOTAL FUNDS | 95,815 | (90,769) | 5,046 |
continued...
Page 8
THE BOREHAM WOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30th June 2025.
Page 9
THE BOREHAM WOOD COMMUNITY TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2025
| INCOME AND ENDOWMENTS Other trading activities Sponsorships Charitable activities Sale of goods/services Total incoming resources EXPENDITURE Raising donations and legacies Wages and coaching expenses Other trading activities Purchases and astro hire Other Other office costs Other finance costs Support costs Governance costs Accountancy and legal fees Total resources expended Net income/(expenditure) |
2025 £ 20,000 29,740 49,740 34,008 6,150 - 697 697 2,554 43,409 6,331 |
2024 £ 18,600 27,475 46,075 25,806 18,128 120 899 1,019 2,407 47,360 (1,285) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 10