Bakersfield & Neighbourhood Community Association (Registered charity, number 1183962) Financial statements for the year ended 31 March 2025
| Page | Contents |
|---|---|
| 2 - 3 | Trustees’ annual report |
| 4 | Independent examiner’s report |
| 5 | Receipts & payments account |
| 6 | Statement of assets & liabilities |
| 7 - 8 | Notes to the accounts |
Bakersfield & Neighbourhood Community Association Trustees’ annual report for the year ended 31 March 2025
Full name Bakersfield & Neighbourhood Community Association
Other names by which the charity is known BANCA
Organisation type Charitable incorporated organisation
Registered charity number 1183962
Principal address 312 Sneinton Dale, Nottingham NG3 7DN
Trustees
David Mellen, Chair Dr Irfan Malik, Vice Chair Marilyn Livesey, Treasurer Joanne Flint Carol Greaves
Independent examiner
Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
Governance and management
The charity is operated under the rules of its CIO – Association constitution adopted 18 June 2019 and most recently amended on 11 February 2022.
New trustees are elected and co-opted as trustees from amongst the committee members at the AGM under the terms of the constitution.
Objectives and activities
The principal objects of the charity are:
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To further or benefit of the residents of Bakersfield, Nottingham and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations, in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the objective of improving the conditions of life for the residents;
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To establish, or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects;
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Bakersfield & Neighbourhood Community Association
Summary of the main activities undertaken for the public benefit
We offer a warm inviting space for the public to engage in the activities we have on offer. The local public benefit from affordable room hire and a variety of facilities which include fitness, social activities and engage in education groups and classes
Public benefit statement
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
Summary of the main achievements during the period
This financial year we focused on trying to rent out our upstairs space on a long term basis, which would then provide us with regular income, which then improves our finances. We managed to achieve this as we now rent out our upstairs space to Kiddywinks nursery along with the space downstairs.
The charity’s policy on reserves
We do not have a written policy on reserves but we are constantly reviewing our finances.
Financial review and risk analysis
We are always looking at ways to improve our finances. Renting out our upstairs space long term has made a big improvement on our finances. We are grateful to Nottingham City Council for their continued support and for the grant they give us towards our running costs. If this grant was to be cut this would have a big impact on our finances.
Signed on behalf of the charity’s trustees:
Signed ______ Date _ David Mellen, Trustee
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Independent examiner’s report to the trustees of Bakersfield & Neighbourhood Community Association for the year ended 31 March 2025
I report to the trustees on my examination of the accounts of Bakersfield & Neighbourhood Community Association (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
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.
Signed ____ Date _______ Eva Stevens BSc, CPFA Employee of Community Accounting Plus
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Bakersfield & Neighbourhood Community Association Receipts & payments account for the year ended 31 March 2025
| 2024 Total Unrestricted Funds Funds £ Note £ Receipts 3985 Grants & donations 2 3218 529 Subscriptions & membership 366 70040 Room rents 72266 118 Affiliation & storage 200 - Sundry receipts 116 74672 Total receipts 76166 Payments 45629 Wages, NI & pension 46402 894 Payroll service 890 32 Travel & subsistence 35 17471 Utilities 16970 1064 Cleaning & hygiene 1154 773 Insurance - 446 Telephone & internet 360 446 Printing, stationery & postage 581 1177 Publications, subscriptions & licences 468 836 Equipment, repairs & renewals 381 1721 Premises maintenance 2799 14 Hospitality 47 402 Independent examination fee - 714 Sundry payments 265 144 Activities & trips 379 71763 Total payments 70731 2909 Net receipts/(payments) 5435 11225 Cash funds at start of this period 14134 14134 Cash funds at end of this period 19569 |
2025 Restricted Total Funds Funds £ £ 1742 4960 - 366 - 72266 - 200 - 116 1742 77908 - 46402 - 890 - 35 282 17252 - 1154 848 848 - 360 - 581 - 468 - 381 - 2799 - 47 612 612 - 265 - 379 1742 72473 - 5435 - 14134 - 19569 |
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Bakersfield & Neighbourhood Community Association Statement of assets and liabilities at 31 March 2025
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2024 2025
£ Cash assets Note £
14104 Bank accounts 19474
30 Cash in hand 95
14134 19569
Other monetary assets
6448 Debtors -
329 Prepayments 4 974
6777 974
Liabilities
(12252) Creditors 5 (9012)
(12252) (9012)
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These financial statements are accepted on behalf of the charity by:
Signed _____ Date _____ Marilyn Livesey, Trustee
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Bakersfield & Neighbourhood Community Association Notes to the accounts for the year ended 31 March 2025
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Grants & donations
| Nottingham City Council Hubb Nottingham Sundry grants & donations |
Unrestricted £ - 2358 860 3218 |
Restricted Total £ £ 1742 1742 - 2358 - 860 1742 4960 |
|---|---|---|
3. Funds analysis
| Funds analysis | |||
|---|---|---|---|
| Restricted funds Block fund Unrestricted funds General |
Opening balance £ - - 14134 14134 |
Receipts (Payments) £ £ 1742 (1742) 1742 (1742) 76166 (70731) 76166 (70731) |
Closing balance £ - |
| - | |||
| 19569 | |||
| 19569 |
The Nottingham City Council Block fund was used to help with the running costs of the centre.
4. Prepayments
| Cleaning & hygiene Publications, subscriptions and licenses |
£ 204 770 |
|---|---|
| 974 |
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Bakersfield & Neighbourhood Community Association Notes to the accounts for the year ended 31 March 2025
5. Creditors
| Wages, NI & pensions Independent examination fee Utilities Room Rents Telephone & internet Premises maintenance (see note 9) |
£ 313 636 1620 816 41 5586 |
|---|---|
| 9012 |
6. Premises
The premises are provided by the local authority.
7. Trustees’ remuneration
One Trustee, Joanne Flint is employed by the Charity and was paid a total of £8,899.
8. Related party transactions
There were no related party transactions in this period.
9. Long term commitments
LED Lighting.
The replacement of antiquated & inefficient light fittings with LED’s. A repayment schedule commenced October 2022 and each year after that to repay a total amount of £10,404.98 over 7 years.
10. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
Debtors: These are amounts owed to the charity, but not received in the accounting period.
Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.
Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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