Ch8riry regiswdtion numb". 1181125 Primrose Bank Community Association Annual Report and Finineial Statements for the Year Endtyj 31 March 2025
Prlmr05e Bank Community As50eiation Contents (continued Refcrencc and Admtnistraiive Dcthils TNblix'b' RepLTrrt Statement of Tru51ees' Responsibilhiies A¢coiintants' RcFx)rt Ind¥'pLndLnt Cxdmincls Rew 14 StatLmcnt of Financial Aciivili¢s 15 Ralaiice Slicei Nui¢s iu Ihl friMnLial SidlLmenis 17-21
Primrose Bank Communlti. Association Reference and Administrative Det4ils Trustees Sycd Mawf Ali Shudb Akhiar Dawn Stcwart MoyNm Bibi Shamim Miah P&ul John Maybury Charliv R¥%l$iratlon NuJDber Prlnclpal omce MaBI)olia Gardens Oldliain 01.X l HX Ind¢p¢nd¢nt Ex4mlDer Ruhman ALLounlunl.4 Limited Chdn¢red Cenified Accouniants 13 Coi.qwold DriN'e Qldham L2 5HD Page11
PRPIROSEBAWK CCWMIX4rrYisscoAmthN CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period 1" April 2024- 31°, March 2025 Charity name: PRIMROSE BANK COMMUNITY ASSOCIATION Charity registration number: 1181125. Objectlves and Actlvltles SORP Poro 1.17 Summary of the purposes of Ihe charity as set out in its governing document Prlmrose Communlty A8soclatlon Con8tltution To further benefit the residents of Wemeth and Medlock Vale wards and the neighbourhood without distlncllon of sex, sexual orientation, race. or of political, religious or other opinions by associating together the said residents and th8 LCal Authorities. voluntsry and other organisations in a common effort lo advance education and to provide f8¢ilities in the interesls of social welfare for recreation and lelsure lime occupation, with Ihe objective of improvlng the conditions of lrfe for the residents. In furtherance of these objects bul nol otherwise, the trustees shall have power to establish or secure the establishment of community centre and to maintain or manage or co-opèratè with any statutory authority in the maintenance and management of such 8 centre activities promoted by the charity in furtherance of the above objects. Nothing in thls constitulion shall authorise an application of the property of the CIO for the purposes which are not charitable. Pw8 1.17 *d 1.19 The truslees have continued to use the Primrose Centre for board Meetings. business planning meetings and to run activities. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities. projects or services A number of groups and organisations booked the centre to hold meetings or training sessions. These included First Choice Homes Oldham, Ihe ESAN Community. the OROMO Community, the Malayalee community, Ingeus Restart, EVA Healthcare, the Wemeth Ward Counsellors and Action Page12
identified in the accounts. Tcgether. Great PlaS Housing Group organised Safeguarding training for Iheir customers. Heatth and wellbeing Spoons Messy play for babies and toddlers referred by the Royal Oldham hospital meet for sensory play once a month. Spark Oldham ran 12 x 8aby Boogies sessions. A weekly youth dub, ran by Mahdlo Youth Zone, is held at the centre. M.J. Dance School continues to use the centre for their dance sessions each week and the Malayalee Community organised a number of children's dance sessions. The Oldham FrICYcle Hub whlch provldes free vegetsrian meals continues to co)k meals. Between 2540 people are fed each week. The Community Fridge continues lo provide free frull, veg and bread for anyone who is struggling financially. Approximately 5 tonnes of food was collected and rèdistributed during 2024. A weekty Coffee & Crafts group is organised by the ladies. Who volunt88r at th8 centr8. Spark Oldham ran HAFS (Holiday 8Ctlvity with Food sessions) in October and Dec8mb8r 2024. In May and July 2024 the centre was used as a polling stst)on. Salford Soual SeNc8s booked the centre for famlly contact sessions. There were 78 private parties held al weekends during the year. PafB 1.18 Statement confirming whether the trustees have had regard to Ihe guidance issued by the Charity Commission ¢)n public benefit The trustees received guidance issued by the Charity Commission on public benefit. The objects for which the charity is established for the public benefit are.. To continue to provide activities that increase skills, improve health and wellbeing, reduce social isolation and support people to improve their quality of life. Grants are available to groups and organisations aiming to provide services for the public benefit in accordance with our constitution. Page13
Additional inforniation (optional) You may choose to include fLSrther statements where relevant about.. SORP reference Para 1.38 Policy on grant making Nage- received £498 Primrose Community Funding to run Footie Tots sessions al the Primrose Centre. P8r8 1.36 Policy on social investment including program related investment We have no policy on social investment. Parn 1.38 Contribution made by volunteers Paul Maybury continues to ensure the communily centre is kept secure and clean on a daily basis. He spends approximalely 2-3 hours p8r day at tha centre. Roland Marcel continues to volunteer each wéek at the Food Cycle meal. Approximately 818dies volunteer en needed. They help lo stock Ihe communty fridge, organise activities and events al the cèntre and run a weekty Coffee & Crafts session for ladies. Other Achievements and Performance Para 1.20 Summary of the main achievements of the charity, identifying ihe difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. As a Thank-you to the volunteers for their support, Ihey were treated lo a meal 8t a local Indian reslaurant. Over 5 tonnes of food that was to be thrown out by supermarkets. was delivered to the Primrose Centre, whSch was used for cooking the weekly meal and given oul to local people during the year. 1,558 free meals were served by the Food Cycle Hub al the Primrose Centre during 2024. Page14
Addltlonal infomiation (optional) You may choose to include further ststements where relevant about.. Para 1.41 The main priorities highlighted were: Employment and training Fear of crime Mental health Advi, infom7ation & guidanGe Physical health Achievements against obj8ctives set Employment & Tralnlng: Weekly ESOL classes are helping people to improve their English and are fully booked. P8aceful Minds ran a number of training sessions to SUPFQrt people with anxiety and mentsl heallh problems. The training sessions covered dnestIC violencelabuse, confidenc&building, cost of living, budgeting and chroni illnesses. Sewing classes are teaching ladies a new skill that could be used lo help with obtsining employment. Great Places held a budgetlng training session to help people manage their finances. Open Kitchen ran a 'Tasty Meals on a Budget, cooking session to help people manage their finances better. Northem Roots ran chutney and jam4naking sessions with fruit from a local orchard and allotment. Fear of Cylme: GM Pollce Communlty Support Officers allended group sessions to introduce themselves and discuss how to keep safe. Mental Health: PeacefiJl Minds provldes one-towone counselling to residents Suffering from mental health issues and coupleslfamity couns811ing. She also runs a weekly Poetherapy group for ladies. which includes singing and pcetry lo express emolion. A weekly get-together over food is held on Sundays, which focuses on health and wellbeing and building relationships. Advice, Information and guidance: this continues to be provided via telephone, social media and through surgeries held at the Primrose Centre. Page15
A further donation of £1,000 was given to Positive Steps to continue to run weekly Early Help drop-in session at the Primrose Centre. The funding is to support families and individuals with issues surrounding housing, finance, mental wellbeing, physcal health. parents'ng and employment. Physical Health: ABL Health ran 6 x weekly health sessions for Urdu ladies, followed by fortnighlly nutrition & exercise ckisses to educate people on improving their heallh. diet and exercise. The NHS Diabetes Prevention Programme ran five programmes during '24 ~ '25. Each programme consists of 13 seSons. ran over 11 months. Parkinson's Oldham continue to hold three meetings p8r month at the Primrose Centre. Their sessions include armchair exeruse, massage. quizzes. games, entertainment, meals and presentats'ons from various organisats'ons to help COFe With Ihe illness and maintain a healthy lilestyie. An Autism support group continue to use lh6 centre for their weekly get-togethers to support autism sufferers and carers. Children suffering from autism take part in aclivilies Including ¢r8ft and play. A weekly ladies Fitblast circuit training class continues to run, organised by Oldham Community Leisure . The South Asian Women's Network has continued to run a weekly Zumba class for ladies to encourage more exercise through dance. The Ladies Chai Project ran a 12-week Bollywood dan class, which was well-attended. Parn 1.41 Perfomiance of fundraising activities against objectives set The association has not held any fundraising activities. but put aside 100A of their income each year for groups or individuals to apply for funding. Par8 1.41 Investrnent performance gainst objectives Other P8ge16
Financial Review Par8 1.21 Review of the charity's financial position at the end of the period We had a deficit of £8,047 in this financial period that covered from 1$t April 2024 to 31$¢ March 2025. sl The total funds held as at 31 March 2025 were £39,241, being £21 restricted funds and £39,220 unrestricted funds. Porn 1.22 Statement explaining the policy for holding reserves stating why they are held The CIO has adopted the following policy r8garding reserves: The trustees have examined the major strategic. business and operational risks which the charity faces and confimi that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risk8. The trustees aim to build free reserves in unrestricted funds at a level which equates to between three and six months of charitable expenditure. The charity's main source of income is room hire charges, grants and donations. Parn 1.22 Amount of reserves held £4,000 reserves will cover 3 months, running costs for the Primrose Centre. This includes utility bllls, cleaning and maintenance. Para 1.22 NIA Reasons for holding zero reserves Pwa 1.24 NIA Details of fund materially in deficit Para 1.23 Explanation of any uncertainties about the charity continuing as a going concem There are no uncertainties for the charity continuing as a golng concem. Addltlonal Inforniatlon loptlonal) You may choose to include further statements where relevant about.. Page17
The charity's principal sources of funds (including any fundraising) The charity's principal source of funds is through room hire. We occasionally apply for funding for a specific project. Para 1.47 Investment policy and objectives induding any social investment policy adopted Para 1.48 A description of the principal risks facing the charity The trustees have assessed the risks the charity faces and have taken measures to manage them. The risks are reviewed regularly at board meelings and trustees are satisfied that systems are in place to manage the risks that have been identified. Finances are kept under regular Teview, insurance cover is in place. and policies are reviewed annually. Pw• 1.46 Other Structure, Governance and Management Descripiion of charity's trusls 1.25 Type of governing document The goveming document is a constitution. Para 1.2S How Is the charity constituted? The charity is constituted as a charitable incorporated organisalion. P8rq 1.25 Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entttled to appoint one or more trustees The existing twstees are responsible for the recruitment of new trustees through an election process, in line with the prOs$ outlined within the governing document. Additional infonnation (optional) You may choose to include further statements where relevant about: Page18
Pwo 1.51 Followng apwlntrnent to the board, trustees are given 8 copy of the constitution, tnjstee job description, skills matrix and publications from the Charity Commission. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. Policies and procedures adopted for the induction and training of trustees Pam 1.51 The charity's organisational structure and any wider network with which the charity works The charity is managed by a board of trustees. Volunteers assist with organising and running activities. Great Places assists with governan of the CIO. The Charity is also a member of Action Together, who assist with training, recruitment of new trustees, skills audits and other training courses if needed. From 1 St November the finances were split to separate the Primrose Bank Community Association from Great Places. Great Places manages room hire income and pays all the centre bills and the Association organises activities and events in the local community. £40,000 was transferred to Great Places to pay towards the lifecycle programme, repairs and running costs. P•rn 1.51 Relationship with any related parties The Primrose Community Association oversees the Oldham Council owned Primrose Community Cenlre, which is managed by Great Places Housing Association by way of a PFI contract. Great Places commit resources to support the Charity with govemance as well as take the lead role in monitoring the Primrose Centres building safety compliance. Great Places staff supported the board of trustees by sittsng on the board. Other Reference and Administrative details Charity name Other name the charity uses Registered charity number Charity's principal address Primrose Bank Community Association None 1181125 9 Magnolia Gardens Oldham OL81HX Page19
Names of the charity trustees who manage the charity Trustee name Office (If any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if anyl Shamim Miah Moyrum Bibi Syed Maruf Ali Shoab Akhtar Javerya Naz Paul Maybury Dawn Stewart Gemma McGiffen Chair Secretary Trustee Trustee Truslee Trustee Co-optee 19th August 2024 19th August 2024 191h August 2024 Vote taken at AGM Vole taken at AGM Vote taken at AGM Corporate truste88 - names of the dlrectors at the date the report was approved Dlrector name Name of trustses holdlng tltle to property belonglng to the charity Trustee name Dates acted If not for whole year Funds held as custodlan trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behatf the assets are held and how this falls within the custodian charty's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Page | 10
Additional Infomiation (optional) Names and addresses of advisers (Optional inforniation) Type of Name Address adviser Name of chlof executlve or names of senlor staff members (Optlonal informatlon) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustoos, report above. Slgned on behalf of the charlty's Irustees Signaturels) Full name{s) Posltlon (eg Secretary, Chair. etc) Date Page111
Primrose Bank Community Associatlon Statement of Trnstees, Responsibillties Thc tnisiL¢S art rcsrM)nsible for preparing ihc I[tC¢S. teport and the finJnLial &tements in accvrdanLe with thL Unil¥d Kingdvm Accounting Siandards Iuniicd Kingdom GLm¢rally Acceocd Accouiiiing Prdcticcl an pplicable laiv and regulati(Trn%. TIIL law appliLable 10 ¥harilllS fcqulres the th1sieL'S prL¥are financial statements for Cach finiincial year wlii¢h YLVL d true dnd fiiir viLw of IliL siaic of arrair% uf thL Lharity and of lh¢ In[711g rLsvurcL% and dppliLdti()i) (If r¢sourLC% of thc Lharity for Ihdl Peri1. In these finunLial sl¢M¢'. Ihe ¢TU51ces &rc r¢quinyJ io.. sclecl bUiLLblc aLLLIUnlinb tM)IiLics ld ilicn awjly IhLml COnsL51cny. crvL Ilie ni¥4tliixls aiid priiiciplcs in Lh¢ Chariiie% SORP. make judgemenis and e4lima¢cts' that are re&wnahle pnJdeni- 4ldl¢ whether applicable accouniing S[14 have been followed. subjeci to any material departures disclo%cd aiid explained iri Ihe financial 4tai¢Tn¢nls'. and prLpafL Ihc finanLig1 sldicmcnis on ihc ¥oin8 conccm knis unla&% li is inappropriat¢ io pre%ume that ihL Lhdrity wtll coniinue in bu%inek%. ThL Iru4l¢L% #rL rL.%wn.%ibli for ki¢pinb pn)per u¥xouniiny thllt disLIosL willi r¢&4unJblL #LLuraLy ul siny liniL IhL fInlJI rrf)%ilion of IhL charity and ¢nablL IhLJn tu Ln%urL that ihL fJndDLiJI 4lalimLnl.4 coniply with ihL hariiic4 ALI 2011. Ihc Ch4Lriii¢.% IAicouni.% Rcpurt.%l Eicbvulaiion% 2(M)X. dnd thc pro%'i%ions (Trf Ilie ¥vn.4lilulion. Thc Irustcc% arL alw rc%p()nsiblc for safcguarding ihc vf ihc LIlty and for taking rcasunJbl¢ steps for th¢ prLvLniiL)n and dilCLiion of frnud and vihcr irrc8ulariiic.%. ThL Ini&tLL& dfL r¥sponsible fvr the mainlLiianLi and iniLuiiy vf ihc cortxTrral¢ and financial infornjalion in¢ludLd un lh¥ Lhdrililbli Luiiipany'b W¥bsii¢. LL'bpisluliun biUVLrninb Ihl p.paralln and dissciiiinJiiun of finanLial blulLinLni% dilT¥r from ILgisliilion in oili¢r juriylilllibns. Approved by the tru%lLYS ofthe chariiy on l 6 Januory 2026 and 518ned on 115 behalf by-. Syid Maruf Ali Tru%lLL Trnslcc Page | 12
Chartered Certfified Accountants, Report to the Trustees on the Preparation of the Unauditcd Statuton Accounts of Primrose Bank Communltv Assoclatlon for the Year Ended 31 M4rch 2025 In order ¢0 assist you 10 lfIl your dulles under the Companie5 Aci 2006. we have prepared for your approval tl)e accoiint5 Ot-PrimTose Bank Community A&sociaiion for th¢ ycar cnded 31 March 20?5 as s¢t out on pa8¢s 7 to l O Ironi ihe c4)inpany's accouniin8 rttords and trom infomuiion and expiartaiions you have given us. As a ptaciising member fimi of the Associaiion of Charnerd C¢rtified A¢¢ountan¢s we are subject to its ethical end otlier protessional requtrements which are detsiled ar hISjA¥w.ac¢a81Obal.¢OMlgblcn1m¢mberlSiandardsl rules-and-.%tandardslnJ1cbk.hlm. This report is made solely to the board ofdirecior5 of Primwose Bank Comniunity A&8ociarion, a body. in aecordaTree wirh the iemi% of our engagemeni leller. r work has been undertaken wlely to prepare for your approval the financial stalemeThrs of Primrose Bank Community Asso¢iatioi) ond stht¢ Ihos¢ maiors ihai we have grcld 10 stai¢ lo ihe board ofdireciors of Primrose Bank Communiiy Associaiion. as a btyjy. ii) Ulis report. ii) iILiordJnL¢ wjih th¢ r¢quir¢m¢Jiis ol'the AssiLlion ofchthered Cerlified ALLuuiiiJnls as delailed at lillp.'IIwww.41LLabTlubal.IVThb'¥WLtbliLLhni¢41-JClivlii¢sli¢¢hni¥al-r¢soLhr¥¢s-S¢rlhl21)o9I uLlobLrilaLlshL•l.163-audii-¢x¢ii)Pl-Lompdnics.himl. To ihe fullLsI exleni permillLd by law. we do not IlLLLPi or 4uinL rLsponbibilily ¢u iLnyunL u¢h¢r thon Primros¢ Bank Cummuniiy A¥s(Ki¥lion ELnd lit knanl ufdJr¥¥lvn% a body for our work or for Ihis rew)rt. li is your duly to cnsurL thai Primrw Bank Communiiy Associaiion has kcpi ad¢qual¢ o¢couiiiing rccords and 10 prcpdre s11u10ry aLLounts that bvive a truc and fair view vfihe assets. liiibililies. fiTrwici(Il pvsiliun ai)d ofpriiMr()se Bliiik Cun)ii)uni¢y AswLidiivn. Lunsi41¢r ihJi PrimrosL Bank Cummuiiiiy Ass(Kiuijoii IS ¢XLinpl Irojn Ili¢ slalulory audil Tcquircmrnt lor thc year. Wc Iiavc noi en Inslrncd io cary oul an audii or o review of the accounts of Primrosc Raiik Coniniiiiiity A5soLiation. For this reason. we hAV¢ Ilot verified ihe ac¢urn¢y or compl¢eSS of ihc accouiiiiny rccords or infoniiaiion and explanaiions you h4ve given to us Jnd we do Nyl. th¢r¢fore. ¢xprcss ¥ny opinion on i11¢ 5UIIUIOry A¢Loiillis. Suifur Rahman IFCCA) 16 January 2026 Page | 13
Primrose Bank Community Association Independent Examiner's Report to the trustee5 of Primrose Bank Community Assoelatlon I TCIX)Tl lo the tNsre&s on my cxaTninaiion of th¢ ai¢ounts vf Pn"mrose Bank Community AssoLiation fur th¥ year ended 31 M(Ir¢h 2025. Rvspuhslbllltles 8nd b&sls of report A% the Lhai'ily Iru.%lLx'% of PTimlUSe Bank Comrnunity A.k%o¢iation you arc rpOnsIble f()r thc prcp8ration (if (hc In IiLLord>mL¢ wilh ihL fLy4uirLments' ufth¢ Churities Aci 2011 I'ihe ALI'I. T report in rc8PCCI Ot. my cxamiTtation ot'fhc Primrose Bank Comiunity Associolion's accounts cal¢d oui undcr &¥LIiL)n 145 of thL ?0 I l Aci and in Li1]ng oul my exaininaiion I hav¢ folluw¢MI all thL dppIILablL DiTLLIi011s rivLn by IIiL Chariiy Commi&%iLin under s¢¢tion 14515Mbi of thc Act. Independent exgmlner'% $i#tvmeNI I lidvi LuniplL'l¥J Iijy KlI)illIli011. l ¢4>tifJrm th#1 no maicrial mailers hav¢ wme io my alleniiotj iji ¢oiitlLLliun with IlJ4 Lxuniirrdliuii bvrvtllbl ITI¢ ¢kEIIS¢ lu iK.11¢ ihal in any rnai¢rio1 accounting records wcw noi kept in rweci of Primrse Bank Cnmmuniry A&s(>ciation as rcquircd by secii(Fii 1.10 ol-the Aci: or 2. Ihe dccount% do not accord wilh ihw recorth": or 3. lh¢ uLLouni% nut Lomply wilh Ihe ULLvuniin8 rcquircm¢nt% con¥cmin¥ Ihc ron and Lonlini c?f aiLvuiil4 Ll uut in lh¢ Churiii¥s IALLvunts and R¥ports1 Rcb7uluiioniF ?(M>ll oihcr thon any icquircrncnl Ihal th¢ i¢uuni% give a 'irne and fair view, which is noi i matter considered part of #n irtdcpendeni examiniillvn. I li&lVL nil L()nicm¥ llnd havc comL ucross nu oili¥r inallirs in LonnLLlion willi IliL ¥xaiiiinaiivn Iv wliiLI? dllLiiiion .%houl(I bi drdwn in Ihi.% rLPUrt in ordcr ¢n#blc a propcr unJcr%landing ufih¢ accvun15 1(Tr bc r¢aih¥d. ci Sailiir RDlirnan charti. Certified Ac¢ountgni$ ACC'A 13 Ci)t%wvld Dn"ve Oldli(Im OL2 5HD 16 Jllnuary 2026 Pagel 14
Prlmrose Bank Communlty Assocladon Statement of Flnanclal Activities for the Year Ended 31 March 2025 UnTe5trlritd fund5 Totfil Restrleted funds lTrcom¢ and Endow'ments fr)m". r)oiiations and ILgacic. S9.523 200 59.723 Toial illeome 200 Expendlture on: OihLY expenditure 67.590 67,769) Ttsial expendimr¢ 67.5901 179 67.769 Net l¢xp¢Dditur¢llin¢om¢ 8.0671 21 Net movemLn¢ iji funds {8.0671 18,0461 Recothelllatlon offunds Toial fun(ts brou¥ht forward 47.287 47.287 Tuiul fun rI¢ fonvard 39.220 Ilnreslrlcled fud5 21 39.241 Tntal 2024 Reilrleted fundi Nolt Incomt and Endowmcnt$ from: t)On4iiions and l¢g¥i¢s i.Do() 30.817 Tulcil itLLvme 29.817 i.o(K) 30.817 Lxpi'nditure on: OIliLf LXPL¢idilure 129.172) Ll.Q(Kl) -(!D.172 Total cxpcnditure 29.172 30,172) Net income 645 Nct movemcni in funds 645 Recon¢lll4¢lon offunds Tothl lunds brtsughi tornvard 46.642 4h,642 Total funds carried forward 47,287 47.287 All of the chariry's activiiies derive from continuing operdiions during the above two peri(xls. The funds brvakdown for 2024 is shown in Thjie 5. Page | 15
Primrose Bank Communlty Association (Registration number: 1181125) Balance Shttt as at 31 March 202$ 2025 2024 Current a55ets Cu%h ui bunk and in hand 39.242 47.287 Funds of ihe Lharity: Re¥trl¢ted Incume funds RL%iriil¥d fiind 21 Unr¢strf¢t¢d Incomt f•ndi Unre¥wicied funds 39.221 Totul funds 39,242 Th¥ finanltal %latemcnrs on pa8Ls 7 to 10 were approvcd by Ihc trustC¢s. and authtsriwyj for ISSUL on 8 January 2U2fy anLI 4igrncd on rh¢ir bchdlf by-. Manit. Ali TriisiL Page | 16
Primrose Bank Communlt), A59oclatton Notes to the Financial Statements for the Year Ended 31 March 2025 l Accountlng polltles Reeelpts And Pa)'ments Aecfyunts Receipt& and payments accounts are 5ts1crnents that summarise the movemenr of ca%h inio aiid oui of ihe organi%aiion dunng ihe financial year. In ihis¢ontexi"cash" includesca5h equivalents. forexarnple. bank uccounls whue cash call be readily WilhdraTr) w pay for debL4 &s (he), become du¢. The Iwsrees hai'e chos¢Th not 10 prepare aceruals based accounL% as the income did not exceed £250.00 in ihe onnual accountinu for the year ended 31$¢ of March 2025. As such the finaiicial sthtcmeiits were prcpared on ihe b&sis of 'receipLs and payments.. and noi in accordance with ihe Charl1t SORP IFRS 1021. Goln% ¢ont¢rn Thi IrusliLs ¢(Trttsider ih¥l there are no maierigl uncertainiies aboui die Lhariiy's abiliiy 10 coniiiiuL us # ¥poing LVJILLni. C$h and e•sh equlvAl¢nt$ CJbli Jnd idtsl) ¥qUlVdl¢nis Lornprise cash on han¢J and cull d¢Ewi¢s. and othtt Short-rnI highly liquid invLstmLmiiTr thut }rL r¢Jdily LunvLlb1¢ 10 J knuwn amouni of Lash are subjeLt to an insÈ8nificanl risk (Trf Lhanbve in value. Fund structure Unre%triLl¥J iD¥omi funds ar¢ g¢n¢ral funds thal arc availablc for use at thc trte¢S discretion in furthcrnnLL of the ubjeLlive% of the Charily. RcblriLILd inL()Ini funtl¥ Jre ihos¢ donaied for in n particular area or for specifLC Purposes, the u$¢ of whi¢h i¥ rLSlriLILd lu Ihat a Lir purw. 2 Income frorn dontloDs nd le%Hcles Unrestrleted funds Gener1 R¢strl¢¢¢d funds Tot*1 funds DonJiion4 and legacies: t)ona¢ions 10 niajor apkxals Grants. irtcludin¥ Cdpital grdnis- Graiiis Graiiis Oihcr income from donations and legacies lJ26 1.326 200 200 32,187 26,010 26.010 Toial for 202 59J23 2(Kl Total for 2024 29.817 30.817 P8ge117
Primrose Bank Community Association Notes to the Flnan¢l41 Statements for the Year Ended 31 March 2025 (contlnued) 3 Taxatlon The chariiy i5 a rcgistcrcd chwiiy and is therefore ex¢mpi from thxaiion. 4 Cash nd cash e4ulvxlent5 2025 2024 Cash oi bonk 39.242 47.2x7 5 Funds BalMn¢¢ #t I Aprll 2024 InromlNR rtsoure RL%ources cypcuded B#ln<c at.I I March 2U25 Unrestrlcted fundi Ci¢neTal 47288 59.523 167.5901 39.221 Resirleted fund5 200 -(179) 21 Tot1 funds 47,288 B#lnte ai I April 2023 59.723 Incomtng resources 167.7fi91 Rewurees ¢xpended -19.242 Balance at 31 Mreh 21124 Unreitrleted fund$ GLllLrtsl 29.817 29.1721 47.287 6 Anl)'$ls ofnet (NdS Al 31 Mgr¢h 2025 Al l Aprll 2024 c.ash a¢ baiik and iii hand 47,287 47.287 Nct debt 47.2¥7 At 31 Mgr&h 2024 Al l Aprll 2023 N¢t debi Page | 18
Primr05e Bank Communlty A$$oclatlon Statement of Financial Activities by fund for the Year Ended 31 March 2025 Tot81 Total Unrostrlettd Unrestrlctcd Fynds Funds 2025 2024 Incorne and Endowrnents from: Donaiitsns and Icbiacies 59.523 29,817 Toldl income 29.817 Expenditure on: Other expetidiiure (67.590).. 167:590L 29,172) Toial expenditure Net leKpendiiurellincomc {8:067J . 645 Nct n)ovcmLni in fundb 18.0671 645 Recon¢lll*tlon of funds Total fund% brou8hi forward 47.288 46.64? TolJl funJs larricd forward 472117 Page119
Prlmrose Bank Community Association Stalement of Financi21 Activitie5 b) fund for the Year Ended 31 March 2025 {eontinued) Total Re5trided Funds T•lal R¢stri¢ted Funds 2024 Income 8nd Endowments from: Dondlions and ILgd¢lL 200 i.(x)o TolJl iiicum¢ 2(M) ExprJdltur¢ fjn.. Oih¢r LxpLndiiurc I.11) Toial Lxpcnditure 179) Net iiicomc 21 ReconclllAtlon of funds TolJl funds LdrriLd Ivrward 21 Page | 20
Primrose Bank Community A550ciation Detailed Statement of Financial Activitie5 for the Year Ended 31 March 2025 Toi*l 2025 Totsl 2024 Ineomt And EndowmeDt5 from: th)nation% and li8acic% lanalysed b¢lowl 59,723 30.$17 Total incoille 30.817 Expendliure on: Other expenditure lanaly5¢d below) 67.769 3n,i72) Totitl expen(SiNre 67.769 30,172 Nd ILxpLndittI.YInCtsMl 8.046 643 Nw movement in funds 18.046) 645 lieconclllAtlon of futtds Total funds brou8hi forward 47,288 46,642 Total funds Larried fonvard 39.242 47.287 Page | 21