Charmy numb•r: 1186279 KESGRAVE WAR MEMORIAL COMMUNITY CENTRE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE CONTENTS Pages R•f•r•n¢• and AdmlnSstratlv• D•tails of the Charlty. Its Trust••s and Advisers Tru$tg•s' R•port lnd•nd•nt Audltorf¥ R¢port on th• Fln•nclal Statements stat•m•nt of Financial A¢tMtI•s 8-11 12 Balance She•t 13 statement of Cash Flows 14 Mot•s to tho Flnanclal Statements 15-32
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Tiustse$ Mr R 88ird, Chairman Mr J PraiL TaSurer Mr G Lynch. Vicg Chalmian Mr R Gibson, ChaTity SocTrlary Ms D Head Mr C Chittock Dr P Athwall Mr B Coupe Charity r*gl¥t•r•d number 1186279 Prin¢lp•l offl¢e Twefve A¢re Approach Kesgrave Suffolk IP5 1JF W•bsSt• vhvw.kwmcc.co.uk Indop•ndgnt auditor Sumer Audilrg Limited StatutoryAuditor Fitzroy House Crown Slreot Ipswich Sufft)Ik IP13LG Inv•stmont manager R8thbone Investment Management Port of Liverpool Building Pler Head Llverr)ool L3 1NW Flnanclal advlsoT Compton Vall&y Weamh M8nagomont Ltd Compton Mill Compton M8rldon Palgnton Devon TQ3 ITB Page 1
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Tho Trustaes present their Annual Report together wth thè audited financial statements of the Ke8gr8ve War Memori81 Communlty Centre IthÉ 'ChariVI for the year ended 31 December 2025. The Trustees confim th91 the Annual Report and financlal slalem8nts of the Charity comply th tho current statutory rèquirements. Ihtr roquirements of the Charitrfs goveming document and the prowsitsns of thè Statement of R8o)mmended Practs'ce ISORPI, applicable to charfties preparing Ihelr a¢¢ounts in accordance the Flnancial ReportiThJ Standanl applicable In the UK and R8publlc of Irgland FRS 1021. ObJ•etlvu and activltl•¥ Poli¢l•s and objectives The obj$¢livg$ of the Charity sh811 bo tha proVisn and maintenance of a communty centre. recreation 8ra8S and sports grwnd, for the use of thtt Inhabitants of the town of Kesgrave. wSthoul distinction of polllScal. relvJiou$ or other opinions, iNJuding use for meetings, leduros and classes and for othèr fomis of recroation and leisure- time 0upatIOn. wf(h the object of Improving the coThYltfions of life for thè sald Inhabllants. The followlng strategic Obl$¢t9$ have been 8el to und&rpin the Chariirfs obj•¢tives' To aim for a breaktheven position mth by month b6twgen income and eXPerltur0 from the trading operations so that draw41owns from the inv¥slmenl portrolio ¥rè only needed lo subsklke premises maintgnanca. To make it oasy aThJ effScient for hirgrs lo deal with us en8bllng the Chaiity lo compete wlth Ihe best vgnues In Suffolk and be rgcognised as the go-lo place In our area to host an evont. To ensure that sufficionl fvnds available from the invèsted portfolio to 8uslaSn the upkeep of the prèmlses inlo the long lem. In nomial arcumstanw It is our aSm not lo amow the level of investmtrnts to fall below £2,000.(100. To Olate the Charlty In ¢ompllance wth all aprAlcable law, regul$$ and best practice 9uKlanc8. Above all. lo provldè a safe environment for the actiwttes host. for those particip*ing in, or who may be affacted by, Ihem. Th8 Trustees confinll that they have referre(I lo the guidance contalned in the Chadty Commlssion's general guidancè on public benofft when reviewing th& Charitls aim5 and objgctivès and in planning futurg activities. Pago 2
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 ObJ•etlv•s and activllE•s (contlnugdl b. Legal itat The irbformation on page 1 forms part of this report. The Trustees sèt out on pag$ 1 have held offlce during tho whob year arbd to the date of this report, unle83 oth&Thvise stated. Kesgrave War Memorial Community Centro is a charitsblè in¢orporated org8ni$atson ICIOI registgr•d with the Charity Commission in Englan¢J and Wales under ¢hatlty number 1186279. 11 was reglstered on 11 November 2019 and was sel up to take forwaT(l thè activitie3 of K8sgrave War Memori81 Community CentTe. The assgts and a¢tNltl8s of Ke$gra War Memoroal Communtty Cenlre103047791 WO transferred to tho CIO on 1 April 2021. Its govemlng document 18 the constitulion datad 11 Novembtrr 2019. 5 8 CIO whose govarnlng document Is based on the FOundatn Model, Ihg Board is penDittÈd a maximum of 12 Iruslees who may be appointed al any b.mg by a majority of the existing Boar<l. No Truste8 re¢eived any remuneratiors from Ihg Charity during 8Sthar the currtnt ya8r or Prior ye8r. The CIO d8189at8s responslblllty for all operational matters lo the management team under SluArt Lawson, General Manager who act under documented poli¢i8s and In accord8ncè with Annual 8u8lness Prlorilies 8gr8od wrth tha Trustees. The ex¢eption to this nJl8 is that the Tru$toes relain Tesponslbility for direct management of Ihe investment portrollo. De¢islon-makiro is gov8med by documènted policies. Thè Chmrity is not part of B wlder networf( and has no related partth or subsidlarfas. Th8 Trustees havo appointed a FlnoneAal Advlsor, Compton Valley Weahh Management Ltd. to rev th• Charitys investments 8nd mBke Tecommendauorffj to rne•l approved fin¥n¢ial obi'ectives. c. MalD aCtiYftl•s undert4k•n to further tho Charlty8 purpo$o$ for tho publ1¢ b•n•fit The Charity continues to providè high quality Indwr and olrtthr faellltles for hlre by local clubs and r¢sidents at 8 subsidised c031. It Part funds Ihe$è subsidies through other hirin9S to organisalions ond individuals at commerclal rates. 11 engagas th local 9ov8mm&nt, the pollc8 and olher lo¢•1 organisations lo provSde actfvibes for all ages in th$ communty. h continues to work with and receivo the support of Sport, Amenits'es, RrgatIOn in K8sgrave ISPARKI a local charity and Kesgravè Town CnCil arKI ¢ontinues to devèlcp its o)nnections whh other tharities and busilloss organisations. Achlèvomonts and perfornian¢g a. R•vlew of •¢tlvltlos and flnan¢lAI p•rfornian Totsl Income for thÉ year ended 31 December 2025 arlslng from hire of our Indoor and outside faciliti0$ was £454,84512024 £465,993}. Expenditure in thè trading account of the Charity monltored closely and was £757,67212024- £708,027). The inve8tmgnt portfolio as at 31 December 2025 amountèd to £2,170.449. having Increased (after draw downsl by £100,882 from l January 2025. KWMCC contsnu$s to provide hi9h quality indr and outdoor facilities for hire by Ioc81 clubs, residents and many oth8r organisations. Wè see regular ovènts. meetings, tralning, weddings and sport al ourfadllties. 2025 was another packed year for hosting. entertalnment and community events induding axpanded use of the Page 3
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 A¢hlevements and porfomian¢o l¢on¢lnu•dl bandstand. Which continue to attract very favour8ble resident feedback. Through KWMCC, the community rThi has access to Prlvato period1¢ 1.1 consultatlon sessionslsurgori¢$ cZenS Advice, Iho Policè. lh8 local MP arKI fo8 inÉtial legal a(fvice from local 11¢rtorS Bales, WelFs & Braittiwatte. Our Speed Cyde Racing club, the Kosgrave Panthers wa5 a host for th8 Wortd Championships 8nd we made accessibilty impr0MentS by adjusting anty to our popular petanguè pis18 an¢J by installing a n8w electronically controlled maSn door to our Sports Hall. We contlnua to limit the call8 on our Investments to fijnd bulldlng maintenanco by Carng out small and medium-3iZgd tasks Intemally. and we havo in place a cycle of renewal decoration and inspeclion addressing Issues before they becom$ m¢y• axp8nsive problems. Whilst recognize our premlses arg agelng we are èxtrèmety pud of their current upkeep and we operate a three year m81ntenance plan to keep thom tlp lop. We were successful th a large application lo the Footb811 Foundation to which w8 added 25Yfj match fijnding to ènable purchase of new equiptnenl for grounds mainten8ncg 8nd a storage container. 1 pilths havo subsequenY been 8ss8$sed as having rnoved up a gradlng in quality. We renewed our website, whlch now $n8blgs auiomatlc bcokings out of hours. A n8w policy was introdu¢¥d for Artith'cal Intslligence Usag6 per Charity Cornmission guldance and we are ¢xJntinulng to make appropriate use of il to improve effICncY in the operatKJns. We completed a transition to a supplierfs HR system intagrated with our exl$ting procedures for contrdling Uma sheets, holidays etc and th& employe8 handbook wa$ relssuod accordingly. A p8yment to all employees for Ihe snd year was made undgT tha tsms of the Staff Incen¢ive Sch8ma. We extended sickn9$$ pay from 21 to 30 days In any 12mlh period 8nd introduced a complementary optional sickness and injury Insurance scheme that trigger8 at 30 dayE absense up to six months where we subsidize the employe& PmIUmS by 50tsA. Wa continuo lo be a proud registsrod Roal Living Wage empk•yer,' atKI r¥main cornmitted to the Mindful Employer Charter. As oxamp19 of rlsk management undor w)tinuous review, we receNod a vèry satisfactory annu81 réport from our extemal Health & Safety Assessor,. and effectivè Cyber insurance for the first tlme. Whllst the Trustees support and assist. nonè of these achievements could happen bul for our good fortune in having an exiplional team of the most dilvJont omployees who's dedication lo the tsynmunity is amang. Plans forfuiur• pfrrlods The unfoldlng Incraase In operational defidl during the second halfof 2025 prompted 8 fvll ro8VI to consider all options wvail&bb to reduce the deficit in tt)• m8dium and fvnd building costs into the long lemi. Thè adoptiw of the emerging plans and their implernentsllon has led to an adjuslmenl in our Stratagic Obiectvles to more focu5 on developments th81 will gengrate incom8 - parti(lartY in tho ¢orpcrate seclor - and Ihis has infomied CHJT rsviséd 2026 Business PrK•rilies. A key el8ment. already well advanG8d, is the introduction of pad•l, the fastest growin9 Sport in th6 UK. We inten(1 to Install new selfvcontsin8d courts. Paack on the grant-susldized capital ouday is expected lo be 18mlhs with an attracts.ve net contribution to incomo th¥reaftgr. This wll be a welcom¢ addition to our 3POrts and recreational offering to our eommunlty. In th8 transitlonal y8ar. we are targeting a Slmllar dfrficlt to last year. Thts should covarad by draw downs from cJr Investments that nollgavo the fund below our notional target. Paga 4
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Achlovoments and porfomianG• Icontlnued) b. Fundralslng actlvitie6 and ynoratlgn The Charity undertakes miriimal extem81 frlndraising actNities as part of day to day opgralions, we have therefore not sub$cdtr lo any fundraising stsndards or rogulations and there are no professional fundraiseTS ading on our behalf. c. Inv•$tmont pollcy and perfornnCe The Charity8 inv88tments are managed by Ralhbon8 Inveslmenl Management. wrth CLXnPton Valley Weath Management Ltd acb.ng as its Financial Adviser, monitoring th8 perf0mlan of its investrnenlg. 8i-8nnual rewiew meetings are held by the Trustees with both companles to report on past perfomiance and advise ¢)n future trends and racommendations for inveslm&nl. d. Factors rol•v4nt to achleve object5ves The Trustees are awarè of the competition, l)oth wtU)In the local area and wider afield. for facllity hSre and work hard to ensure their offèr Is compeltlve. Additional money conunues to b8 invested on upgradlng facilities. W()rk will continue in the effort lo $nsure Ihe Charity meets its hlrers, expectstions and wherever possible to wid$n tha scope of the facilities on offor. The Charity ¢ontinu8s lo expand its offer for sports and heaNh ath'vrfie$ ar ¢ontlnue to work towards makbng the site ftjlly aecèssib for disabled use as explained 8bovè. Flnanclal r•view a. Golng concorn After maklng appropriate enqulries, the Trust&ès have a reasonable expoctalion that th& Charity has adequatè financial resources to ¢onUnu& In operational exi$ton¢8 for thè foreseeable future, being a pedod for at Jeasl 12 months from the date of approval of these finandal ststements 8nd meel its Ilablllties as they fall du$. For th1$ r8•son th8y continue to adopt the going concem basss In Ffeparing the finan¢aal statements. b. Fin#n¢lal poll¢y Excess lunds Éra within an investment porfollo. The Charfty monllors its trading income and expendlture 898in$t budget and when cashllow wuimments dictale a lump sum 1$ wlthdrawn from the inve3trnont wrtolK*. Detsils of funds h&ld can be found in note5 18. 19 and 20. c. Materlal InvtM¥nts pollcy Investments held are managed by the Char6tls Inv98tment Manager la Discretionary Fund Manager) in accordance with an agreed risk profile recommended by and agreed th the Charbtys Finawal Advlser. This 1$ rewewed at least annually by the Trustee3. Page 5
KESGRAVE WAR MEMORIAL COMMUNrrY CENTRE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Slructurn. governanc• and managfrm•nt a. Methods of appointmont ol•ctlon of TtO•S Tho management of the Charty is the respon$ibilty of th6 Trustees, vtho arg 8ppoSntsd under the temis of I govemiThJ document. b. Poll¢l•s adoptod for th• Indu¢tlon and tralnlng of Trust•e¥ The Ch8rlty S8uetary responsiblo for the Snductlon of now Trustees and makès all Infomiation required available, accordin9 to Ch8rlty Commission guidancs. ¢. Pay polScy ft*r staff Pay pdl¢yfor all staff Is reviewed on an annual basis by the General M¥nag•r and approved bythe Tru8t888. d. Goveman¢• and Inl•rnal oontrols hA8nagement of the Chwity is vested In a Board of TNslees vknld) maèts monthly. The Board makès all the decision$ about th8 Charily. DaY-ldaY operation is run by thg Gengral Manager who reports to tha Board of Trustees. . Rl$k and rl$k management The Charity has a set of Flnanclal Regulations to witrol all ospods of financial planning IlUdIng investments poilicy. A ¢oMpr8hensive Risk Register 1$ also established. Both 0MentS are rewewed by the Board (xi an annual ba818. Page 6
I$GRAVE WAR MEMORIAL COMMUNITY CENTRE TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Statement of Tru8t•o$' rwspon$lbllltles The Truslees are responsible for prepBring tho Trustees. Report 8nd Iho flnancAal statement5 in accordance with appllcabio law and reguialions. The 18w appll¢abl8 to charfile5 in England & Wal8$ requlra$ the Trustees lo prepare financial ststèm•nls for each financial in accordanc¥ with United Kingdom Accounting Gonèrally Accepted AccountirvJ Practico {UnOted ngdom Accounting Standard$ and applieable lawl. The trustses must not 8pprov8 th8 financial statem8nt$ unless they ara satlsfied that they glve a true and faSr vS6w of Ihe stale of affairs of the Charity and ol the incoming resources arKI applicatmjn of resources, indudlng th& income and expenditure of the Charity for that period. In preparing thè$è finandal slalements, the Trusltsos ar8 wuired to.. select suitstrAe accounting policies and then aPY thgm wnsi$t8nty', observe the methods and prinaples of the Charitse8 SORP: make judgments and ountIng ostimates that are reasonablg and prudent.. slate whether applicable UK A¢¢ounting Standards have been follod, suty•ct to any material departu$ disdosed and explained in Ihe financial statements.. and prepare th8 financial 8lalements y) th$ goiro concem basis unle$$ it is inappropriate to presume that the Charity will ntinUe to operate. The Trustees are responsible for kee.ng adequ810 8ccounting records that disclose vrith re88on8blo accuracy at any time Ihe financial posthon of the Charity and enab them to ensure that the financial stslements ¢omply with the Charities AGI 2011, the Chanty (Accounts and Reports} Regulations 2008 and the provisions of the trust deed. Thèy are also responslble for safgguardlng thg asseis of the Charity and hence fty taknng roasonable steps for the prevention and dèt8ciKn offraud and othtrr irrngularitiès. Dbsclosuro of infomiation lo audltor Each of the perstsns whr) are Trustees al the time when this Tru$lsgs' Report is approved has confirmed that.. so far as that Tru8teg 18 8W8re. thar9 1$ relevant audit infomallon of vknlth the chariws auditor is unaware. and that Trustee ha3 tskan all thè Bt8ps thBt ought lo have boèn lak8n as a Tw$lee In order to be aware of ony rdevanl audlt Information and to establish that the charitys auditor Is aware of that Information. Audilor The auditor, Sumer Audil¢o Llmlied, has indicated hi5 willingnèss to COnnUe In office. Approved by order of the m8mb¢rs ¢)f the Board of Trustees and Signed on their beha MrR 8alrd ICh8ir of Tru$legsI Date.. lozL Page 7
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE INDEPENDENT AU0OR's REPORT TO THE IAEMBERS OF KESGRAVE WAR MEMORIAL COMMUNITY CENTRE Oplnlon We have audited the financlal $1818ments of Kesgrave War Memor181 Community Centre (th• 'Charftll for the year ended 31 Decerrber 2025 which comprisè of Ihe Ststemenl of Financial Activities. the Balance Sheet, the Statèment tsf Cashflows and thè rèlaled ntsle5, including a summary of signific8nl 8ccounling policAes. Th8 financial repon9 framework that has been applied in their prèpgr8tion is applicable law and Unit8d Kingdom AccountSno StarKl8rds, including Financial Rèwrbng Standard 102 'The Financial Reporting Standard appjrcable in lh8 UK and Republic of Ireland, (Unttèd lingdom Generally Acc8Pt6d Ac¢ounting Practicel. The financial statem8nts havg been prepared in accordance wlth Accounting and Rewbng by Charities pieparing their accounts in acwrdance wth the Financial R&portlng Standards appiicable in the UK and Republic of Irelamj IFRS 1021 in preference to the Accounting and Reporting by Charitses: Stal&menl of Recommended Pradrce issued on 1 April 2005 which is refewed to in the extant wulati¢)n$ but h8s been wlhdrawn. This has been done in ordgr for the finarrial stalemgnts to provk18 a trje 8nd fair view in accordance hth the GeneraIlyApted A¢¢ounling Practic8 offactlve ftsr rsporting periods beginning on or aftar 1 January 2015. In our oprnion the finanrAal statements: give a true and fair ¥riew of the 8tste of the Charills affalis as 8131 December 2025 and of its inoomlng resources and application of rgsources for tho year then ended,. have been prop&rly prgpared in accordance s%ith United Klngdom Generalty Accepted Accounling Practice: and have been prepared In a¢¢c¢dan¢e hth the requirements of th& Charfties Act 2011. Basls for oplnlon We cOru¢led our audit in aceord8ncè th International Standards on AudSting IUKI IISAS IUKII and appllcable 18w. Our responsibilitias under those standards are fijrther described In tho Audilorfs responsibilities for thè audit of the finandal stalèmenls section of our report. Wg are independent of the Charity In Bccord8nce with the ethl¢al requirements that are ielevant to our audit of the financial stalem•nts in tho United Kingdom, including the Financial Reporting Counell's Ethical Standard, and we have fuffilled our olhei ethical responsibilib&s In accordance I1h th$se requirements. We believe that the a(xlit evtrdence we have obialnad 1$ suffiiienl and pproprf8le lo provtde a basis for our opinion. Conelusi0Ths relating to golng eone•rn In audrting th8 financial $tal¢ment¥, have o)ncludod that th& Trustees. LW of the going concem basls of accounting in the prèp8r81ion of the finanaal statements 1$ appropriate. Bad on th• Work we have p8rformad. wo have not iyenttfied any materfal uncgrt81nlles ffjlaling to events or condf(K)ns that, individually or collaetively, may cast signjficant doubt on thg Charills ability lo continu8 os a going concern for a riod of at ISt e1ve months from when the financial statsments are authorised for Issue. Our responslblllties and the responsibililes of the Trustees wtth respect to goiro conc8m aro described in the rolavanl sections of this report. Page 8
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF KESGRAVE VIAR MEMORIAL COMMUNITY CENTRE ICONTINUEDI Oth•r Infom•tlon Thè other infomalitin ¢omprises the infonn81ion Included the Amnual Report other than th8 financial statements and our Auditorfs Report thgreon. The Trustee$ ar¥ rosponsible for tho other infomiation contalned vAlhin the Annual Report. Our opinion lin thé finanaal slalements dtts not cover the other infomatlon and, except to the extent otherwse expllcitty slated in our report. wo do not express any form of assurance conclusion thereon. Our msponsibility is Io Tg8d tha other information and. in doing $0, eonsidér whether tho olh&r information is materially Inconsistent wilh thè flnancial staternents OT our knowledge obtsingd in the course of the audlt. or otheiwise appears to bè malerfally misst8tsd. If we Idenlfy such matèrfal inconsistenixe5 or apparent materi81 misstalements, we are required lo determine whether Ihis gives rise to a materfal misstalernenl in lh8 financial slalements themselves. If, ba$8d on the work we have perlormad, w6 conclude that thore is a Material mlsststement of Ihls other Infomialon, we are requlrod to rewrt that fad. We hava nothing to rèport In Ihls regard. Matt•rs *)n whleh w• ar• requir•d to roport by exceptlon We have nothing to rnport in respect Of th8 follow7ng matt8r8 whore the chart8$ IAccounts and R8POrtsl Rogul8tions 2008 requires us to report to you M, in our oplnion= thg Infom)ation given In thè Trustees. Report Is inwnslstent in any maldal r8$pgd Vt the llnandal $talèm8nts', or suffi¢Kqnt accounting recoftls have not been kept.. Qr the finandal statements are not in agreement wllh the 8¢¢ounting rec•Jrd$ 8nd rfrtums: or we havtr not received all the infomation and explanations require for our aurjh. R•spon$lbllltl•s of Truitegs A8 explaingd more fully in tho TrUSt'S Responsibiliti¥s Statement, the Trustees are responsible for the preparation of th8 financial slalemonls and for being satisfied that they give a true and f85r view, and for such inlemal control a8 the Trustees determine is necessary to enable the preparation of financial slatgmonts that are frèè from materfal misslalemgnl. whèthw due to fraud or èrmr. In preparirYJ the finandal stalemenls, the Trustees are respon$lbl8 for assessing the Charitys abilty to ¢tIn a$ a going concem, dlsdosing. as appli¢ablè. matters related lo going concem and using th8 going concem basis of accounbng unl888 the Trustees either intend to liquidate the Ch8nty or to cease operations, or have reallslic atitrmabve but to do so. Pag& 9
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF KESGRAVE YIAR MEMORIAL COMMUNITY CENTRE (CONTINUED) Au(IltoVs r•sponslb115tl•s for th• audlt of tho flnan¢i•l stat•m•nts We have been appolnted as auditor under sectlon 144 of Chartties Act 2011 ond report in acc¢rdanee with the Act and relevant rulationS made or hawng leCt IheTeund&r. Our oblecbves are to obtain rgasonabte assurance 8bout whetheT the fin8noal statements 8$ a whde are free from material misstatement, whethèr duè to fraud or error, Bnd to issue an Audilorfs Report that indud8s our opinion. Reasonablè assurance is a high level of 3ssurare, bul is not a guarantee th31 on audit condurled in a¢cordanc6 wth ISAS IUKI will alway3 delect a rnatèrial misslatemenl wh&n it exists. Misstat8ments can arf8e from fraud ¢r 8rror and are consldered material rf, indlwdually or in Ihe ag9gate. they o)uld reasonably be expected lo Influence the economic d8¢lslons of user5 taken on th¢ basis of these finandal statements. Irregularities, including fraud, are instsn¢8$ of non-compliance with laws and regulalitsns. Wg dg$ign procedures In Ilne vAth our responsibillfjès, outllned al)ove, to detect material misstatements in respect of irregularities, including fraud. extertt to whi¢h our procedures 8fe ¢apable of detecthng irregularities, induding fraud is d8tailed below.. We iden11fd arèas of laws and regulations that could roason8bly be expected lo havg a materlal effect on Ihg financial slalements from Dur general ch8ritsbl8 organisalion oxperien¢e and through dis¢usslons and enquirigs of Tru$t8as and managemont. During Ihe engagemtrnt t&am biiefing, thg outcomes of these dlswssions were shared wth thè team. as well as e0nsKleratJn as lo where and how fraud may o¢cur in the Charity. The following laws and regulatlons wore identified as b8ing of signrfieaneè to the Charity.. . Those laws and regulations consodered to have a direct effect on the Ilnancial stat&mgnts Including UK flnanclal reporting standards, tsxation regulations and tho Charities Act 2011- and • The Charity is svbject to many other18ws and regulathons where the ¢xJnsequen¢g$ ol non<0mplian ¢ould have a material effed on amounts or disdosus in the financial ststtrments, for instsnce through the imposiuon offines or litigation. We identifiad the followng areas as those most likely to have such an effect: hoalth & safety, employmènt law and GDPR Compliance. Audit proc¥dur85 undertakgn In response to thè potentlal risks relatlng to IrregUrIbeS {which Indudg fraud and non-compllanee laws and regulatlonsl comprised of.. enquirSes of management and those chargèd with govemance as to whether the Charity complios with such regUlatnS- enquiries of management and thos$ ¢hargad with governancè eonceming any actual or potential litigation or claims. Inspe¢lion of relevant legal documontab"on, review of boar¢J minutes, testing the appiopriatoness of entries in the nominal 98r. induding joumal entries and the performance of an8lylcal procedu8 to Identrfy any untxp8¢tsd movements in 8¢¢ount balan¢os which rnay be indi(gtive of fraud. There are inherent limilatnS in the audf( procèdures described above and the further rerYM)ved non-compli8n¢e with laws and regulab'ons 1$ from the events and transa¢tions reflected in the financial slalernerts. th818ss likely we would become aware of it. Irrégularities that result from fraud might be inherenY more diffi'cult to dètèct than Irregularities that rgsult from error. As explainèd above. there is an UnaVoab1e risk th81 materiol misstaloments may not be detected. even though the audlt has beèn planned arKI r10mlad In accordance wtth ISAS IUK}. A further description of our responsiknlibos for the audit the fin8n¢ial statements 18 b)¢*ed the Financlal Reporting CouncAI's website at: www.frc. rsres Thos description fom)s part of our Auditorfs ReporL Page 10
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE INDEPENDENT AUDITOR% REPORT TO THE MEM8ERS OF KESGRAVE WAR AIEMORIAL COMMUNITY CENTRE {CONTINUEDI Use of our r•port This report Is made solely lo the Chadtys Trustees, as a bcty, in accordance Part 4 of the Charlb&s IA¢counls and Reports) Regulations 2008. Our audit work hos been undertsk$n so that we might stats to the Chariws Trustees those matters we are requir8d Io State to them In an Aud(torfs Rèport and for no other purpose. To 1hè fullest exlenl pgmitt¢d by law, we do not accept or as$umè responsibilty to anyone other than 1ha Charity and its TNstses. as a body, for our audit work. forthls report. orfor t OF4nions we have formod. Sum•r Audit¢0 Llmlt•d Statutory Audll¢r Ft&roy House Crovm Street Ipsw¢h Suffolk IP13LG Date= 18 lune 2026 Sumer Auditix> Limited are eligibl• to act as auditor in lemis of section 1212 of th8 Companies A¢1 2006. Page11
KESGRAVE WAR MEMORIAL COMMUNrrf CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestrfct•d funds 2025 Rostrlctod nds 2025 Totsl funds 2025 Total funds 2024 Notes Income from: Donations and le9aci8S Charitable activlJes Bar inoJmè Investment Incomè 55.014 2.237 55,014 12.019 465,993 55,417 36,886 452,608 45.074 36.141 45,074 31141 Totsl incom• 533.823 572SI 591,074 570,315 Ewndlturn on: Raising funds Charitable acti9¥ 67,643 678.278 67.643 6#0.029 71.655 636.372 11.751 Totsl •xpendltur• 745.921 11.751 757,672 708.027 Net lèxpend1ivr•rn¢0m• bdgre n•t galn$ on Snv•stments N•1 gains on Itweslrnents (212.098) 245.026 45.500 1166,598) 245,026 (137,772) 92,914 N•t Incom•lI•xpendlr•l Trdnsfers 1Ween funds 32.928 42.083 78,428 (44, 798) 18 {42,0831 Net movoment In funds 75.011 3,417 78,428 (44.798) Reconelllation of fund¥- Total funds brought fmrd Nel movgment in fvnd8 3.890,704 75,011 5,928 3.417 3,$,632 78A28 3,941,430 f44. T98) Total funds carrlod forward 3.965,715 3,975.060 3,896,632 Tho Stslement of Finandal A¢llvilies Indudes all gains and losses r8r4)gnised in the year. Tho noles on pages 15 to 32 form part of these fin8nu81 statements. Pa99 12
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Not•s Flxod ass•ts Inlangible assets Tangible assets Investments 12 6,120 1,815.980 2,170A49 13 1.829,267 2.069,567 14 3,992,549 3,898,834 current a$$•ts Stocks Debtors Cash at bank 8nd in hand 15 3.651 95.109 25,796 3.773 116.407 21.506 16 124556 141.686 Credilixs- amunts tslling due within one year 17 1142.0451 (143,888) Not ¢urrnnt Ilabllltlos Totsl a$s•ts lèss cuThent liabilities Ing nel assets 117,4891 (2.202) 3,975,060 3.896,632 Charity funds Restricted funds Unr85tricted funds 18 18 9.345 3.965.715 5,928 3.890.704 Totsl funds 3.975.060 3.896,632 Tha financAal slalements were approved and aulh0ri5ed for issu$ by th8 Board of Trustees and svJned on their behalf by. ir R Balrd Truste& Date: 44 £oIL The rleS on pages 15 10 32 form part of Ihese financial ststements. Page 13
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE STATEMEMT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Cash flows from op•rlng aetlvltles Not cash usod in operating activities 1105.969) (123, 1911 C$h Ilows from Inv•stlng actlvltl•s Dm¢j¥$. ht¢r¢sts and ronts from inveslments pUh0$9 of Intangi0 assets Purthas8 oftangible fixed assets Proc8$ds from sale of investments Pur¢ha80 of Inveslmants gmont in investmant cash 36.141 17.2001 162.8261 527,427 1398,3321 141149 36,886 (7,033) 429,710 (337,422) (72,878) Net cash provlded by Inve•tlng •¢tivitl•s 110,259 114.663 Chang• in cash and ¢•sh equlvalents In the year Cash and cash equivalents at the beginniNJ of th8 wr 4290 18.528} 30.034 21.506 Cash and equrval•nts at th• •nd ofthe year 25.796 21.506 Th$ notè$ on pagas 15 to 32 form part of these fin8n¢i81 $tatèm8nts Pa 14
KESGRAVE WAR MEMORIAL COMMUNifY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2025 A¢UntIng poll¢ies 1.1 8•$l¥ of prepar•tlon of financlal ¥tstffints The financial statern&nts have beèn prepared In accordance wth the Charilies SORP (FRS 1021 Ac(x)unting and Reportin9 by Charrties.. Ststemenl of R¢rnended Pradice applicable lo chariti&s prgpariThJ their a¢¢ounts In 8¢cordance whh the Financlal Repong Standard applicabl$ in the UK and Republlc of Ireland IFRS 1021. the Finandal Reporting Stsndard appjicabk the UK and Republic of Ireland IFRS 1021 and the Charilios Act 2011. The finantyal slalem&nts have b8an prep8red to glvg 8 Iwe and fall view aThJ have departed from the Chaiitles (Accounts and Reports) RulatnS 2008 only lo the extent required to provide a 'trug and fairf vlw. This departure has involvèd following tho Charities SORP (FRS 1021 published on 16 July 2014 rather than th8 Ac¢ounUng and Reporting by Ch8ri1ies- Statemènt of Recommgnded Practlcè effective from 1 WI 2005 which has sin(* been wthdrawn. Th¢ finanual statements are prepar8d in Slerfing. vthi¢h is the funcbcnal currency of the Charity and moretary amounts in these financlal statsments 8re rounded to the nearest pound. Kesgravè War Memorial Ctsmmunty Centre m8&ts Ihe definitKJn of a publk bengfft entity undèr FRS 102. 1.2 Golng con¢•m After making appropri8le enqulrlè$, the Trustees have a reasonabl¢ expectation that the Charity has dequale rasources to continue in operation81 existence for the forese6abl& future, being a poritxl of at lèast 12 rnorbths from the date of approval of these finanaal statem8nts and m88t Its Ilabilities as Ihey fall due. Thoy are not aware of any mateiial unCertain8S related lo events or conditions that cast signffl¢ant doubt Ltpon the Charitls abllty to continu& as a going ¢onceTn. Basad on current infomation the Truste93 consSd6r that the Charity Is a golng concem for the next 12 months. For thls reason they continue lo adopt th¥ going conc8m ba8is in preparing the financial st81em8nts. 1.3 Incom• income 18 CogniSed once the Charity has enteMan1 to the incomo, 11 is prthable that the incom& will be r8celvgd and the amount of income re¢eiv8ble can be mèasured reliably. Grants are included in the Ststement of Finanei81 Activthes on a receivabl8 bo518. The balan¢9 of irpcom& re¢eNed for specrfic purposes but not expended during the period is shown in lh8 relevant ftjnds on the Bal8n¢e Sheet. Whère income is recgived in advance of em'llemenl of receipt. its rewgnition is dèf6rred and Induded in creditors as deforr•d income. Whero enlitl8ment occurs before income is receivod, the income Is accrued. Page 15
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Aceountlng poll¢l•¥ {¢ontinued) 1.4 ExndItUre Exp8ndituie Is racognised onc8 there is a al or n$tCtiVe obligation to transfer 8u)nomic bèngfil tr) a third party, it Is probable that a transfer of economic bènefits will b8 required in settlement and the amount of the obltqation can be mèasured reliabty. Expendrfure is dassrfied by actsvity. The costs of each activty are made up of the total of d1cl costs and shared ¢osts. Including $UPPOrt costs involv8d in Undertang each activlty. Direct costs attributable lo a single actiwty are allocated direcljy to th81 actiwty. Shared costs whlth (xjntribute to moré than ong actlty and support ¢081$ which are not attribLrtabl8 to a single actmty a apportloned bètweèn thosè actiwti$$ on a basis consistènt with the use of resources. Cenlral stsff ¢osts ar8 allocated on Ihts basss of lime spen( and depr¢ciaUon charges allocated on the portlon of the asseys use. Govemanc& costs are those incurr8d in connè¢tion wth administra1c of the charfty and (xtrmpliartce wllh o)nslitutional and st8tulory requirements. Expenditurè on charitable activities is Incurr•d on diredy undertaking the athS11&s which further the Charivs objectives, as well Bs ony associated 8upport costs. Costs of 98n8rating funds are costs incurr8d in altracting voluntary income, and those kncurred In trading ac10veS that rals8 funds. 1.5 Taxatlon The Charity is consid8r•d to P8ss the tests sel out in Paragraph 1 S¢htsdule 6 of the Financ8 Act 2010 and therefore it n)eets the definibon of a Charitabl8 Company for UK corporatlon tax purposes. Accordingly, the Charity is potentially exampl from taxation in respect of Sncomo or caprtal gains received within catagorl&s covered by Chapter 3 Part 11 of th$ Corporation Tax Acl 2010 or Section 256 of the Taxatlon of Chargeable Gains Act 1992. to the extent that such Ineom¢ or g8ins are applisd exdusively to charitablg purposes. 1.6 Intanglble a$s•t$ and amortisation Intangible assets costing £NIL or more are PitaliSed and recognised when future economlc bgn¢fits are probabl8, and 1he cost or value of the asset Can bo measured reliabty. Intsngible a55ets are initially tOgniSed al co81. After recognition. under the cost model. intangiblo assets are measur&d at cost less any accumulated amortisation and any accumulated impalmienl 10s$9$. Arnortisation Is piovided on Intsngible assets at rates calculated to writè off the cost of èAch asset on a stralgh14ine basi5 over its 8xp8Ctgd u$oful Ille. Amorbsation Is provi¢Jod on the following basis.. Computer SOare 20 % straight line Page 16
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 A¢countlng pollcl•s {¢ontlnu•dl 1.7 Tanglbl• fFx•d •$set$ and d•prKlatlon Tangible fLxed assgts, in¢luding freehold property. Br¢ ¢8pitalised and recognised when future economie banerrts are prtsbable and thè cost or vue of the asset can m8asuTed reliaNy. Tangible fixed as$ots are inthalty recognlsed at cost. After recognS1ion, under the )$1 model. tangible fixed 8s$ets are measured at cost less accumulated depreciation and any accumulated Impalrmenl losses. Al costs In¢urrgd to brfng 8 tsngible rued 8ss•I into its intended wuklng ondf(ion should b8 induded in the measur8m8nt of ¢osL At eath rgportiro dale the Charfty assesses whether there 1$ any SrKJtal of impairment. If suth indication exists. th¥ r¢¢ovgrable arnount of the asset 1$ deterrnin8d to be the high$f of ils falr value less costs lo sell and rts value in us8. An impairment loss is r•cognised where Ihe carrylng amount exceeds the recoveratrA8 amount. Deprecialbn Ls ¢harg&l so as to allote the rAXt of tangle fixed assets Igss their residual valu ovgr thtrir estimated useful Ilvos. Depreaation i8 wovldgd on the following bases: Frsehdd property Flxtur8s 8nd fittings 2%. 200A straighl Ilng 20% dIng balance 1.8 Inv•$tm•nts Fixed a$sgt investrnenls are a fomi ol finand81 inslrumenl and arg initi811y recouni3ed al their transa¢tion cost and subsaquntly measured at fair valu• at th¥ Balance Sheet dalo. unlfrss the value cannot b8 measured reliably in whlch case M is measured at cost 18ss impaimienl. Investmont gains and losses. whether rgali801l or unrealised, are combined and presented 0$ 'GaSnsllLosses) on investments, in the Statement of Finanaal Aetivib¥$. 1.9 Stocks Stocks are valued at the lower of cost and net reallsable valu6 after making du8 allowan¢* for obsolete and slow-rnowng 81ocks. 1.10 LiabllltlgB and provlslons Llabllltie$ are recognised when th8rè Is an oblvJalion at th8 Balancè Sheet dale as a r&sutt of a past event. It Ss wobable that 8 transfer of economlc benefit bwll be required in settlemgnt, and the amount of thtr settlement can be 8stlmatsd reliably. Liabilities are recognisg¢J al the amount that Ihe Charity 8nlicipates it wll pay to settle the debt or the amount il has received as advaneèd payments for the goods or sem$ il musl providg. 1.11 Financlal Instrumènts The Charity only has financial assets and ftnandal IlabS1itles of 8 kind that qualfy Bs baslc flnanclal instruments. Ba$1¢ financial instruments ara initially recognised al transaction valu¥ and subsequently measLJr8d 81 thelr setttement value. Page 17
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Aecountlng polic¥ {eontlnuod) 1.12 Op•ratlng lease Rentals pai¢J under operating leases aro ¢har9•d to the Statement of Financial ACtiVe5 on a gtraight lino basis over the18as& témi. 1.13 P•n8loM Th& Charity operates a defined ¢ontribLrtion pension scheme and th9 pension charge reprgs•nts t amounts payabla by the ChaTity lo the fijnd In respect of Ihe ypar. 1.14 Fund accountlng General lund$ arè unrestrfcted funds whlth are avallabte for use at the discrèfj¢)n of the Trustees in fijrlherance of the gtrn$ral objedves of the Charity an<1 whith have not been designed for other purFQ5es. D&si9nated funds compriso unrgstricted funds that have boon sèt aside by the Twstees for particular purposos. The aim 8nd of aach deSnated fund Is sel out in the notes to IF finaniial Stslements. Restr1¢t funds are fvnds whi¢h are to be used in acrd¥nCe wth spedflc restrfdon$ imposed by donors or which have been raised by tho Charity for particular purpos9$. The Sts of r81$ing and administering such funds are charged against the specific fund. The alm and use of e8¢h rèstricted fund is set tsul in the notes to the financial statemont$. Invoth¢nt income. gains and losses are allocated to tho appropriate fund. Incom• from donatlons and hga¢i• R•strScted funds 2025 Total funds 2025 Total funds 2024 Grants 55.014 55,014 12,019 Tof812024 12,019 12,019 Page 18
KESGRAVE WAR MEMORIAL COMMUNI CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Incom• from charltable actlvltl•s Unrgstrlctsd Rèstrlcl•d funds fund8 2025 2025 Total funds 2025 Total runds 2024 Hire of halls Hire of outside facllhle8 Hospitalty Sundry hire and c¢mmunSty 8v&nts KWMCC Events 201,400 104.485 58.387 40.240 48.096 201,400 104,485 58,387 40,240 50,333 214,467 109,856 53,712 47,678 40,286 2,237 Total 2025 452,608 2.237 454845 465.993 Total 2024 465,993 465,993 In¢orno from tradlng actlvltlo$ Unro8trf¢ted funds 2025 Total fund$ 2025 Total funds 2024 Bar income 45,074 45,074 55,417 Total 2024 55.417 55,417 Page 19
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Inveslment InMmo Unr•strfct•d fund$ 2025 Totsl funds 2025 Tot fimd$ 2024 Dlvklènds receId from lisled Investments Bank inleTeSt ro¢gfved 35.827 314 35,827 314 36,399 36.141 36.141 36,886 Total 2024 36,886 36.886 Net (e)[ndItUr•Il1n¢orne 2W25 2024 This is stateil after chOTging: Depreclalion oflarolblo fixed awts Audllorfs romuneralion- audit of lh& Chaws flnancAal StsterTts Amortisatron of Intangible fixed assets 76.113 9.160 1.080 72,117 9.228 Exp•nditur• on rai#ing fund• Unr¥stri¢tod hJnd$ 2025 Total funds 202S Total fund$ 2024 Bar purchases Investment managemgnt costs 37,694 29,949 37.694 29.949 41,446 JO,209 67,643 6T,643 71,655 Tolal 2024 71,655 7q,655 Page 20
KESGRAVE WAR MEMORIAL COMMU141 CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Anafysl$ of WApenditur• on ¢horltablo actlvltlos Summary by fund typ• Unr•strlct•d Re$trletsd fund$ fund$ 2025 2025 Total 2025 Tot81 2024 Charitable actNitI'es 678,27B 11.751 690,029 636,372 Total 2024 624,902 11.470 636,372 Analy$i$ of •xp•ndlture by a¢tlvltl•s ACtItieS undertaken dSrectly 2025 Total funds 2025 rot* 2024 Charilable aclmlies 6gY),029 690,029 636,372 Page 21
KESGRAVE WAR MEMORIAL COMMUNrrv CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysls of •xpenditur8 by a¢tlvltl68 Icontlnu•dl Analysis of dlr•¢t costs A¢tivltl•s und•rtak•n dlroctly 2025 Total funds 2025 Total fvnds 2024 Staff costs Is89 note 10) Light and heal Sports Hall activibes Rates Insurance Cleanlng costs Plan9 fiold & playyround maintenanco Sundry rap8irs & maintsnan Telephone PerfomTring rights fee Refu59 collection S8curty costs Postsge & stationery Compuung crists Depreciatlon of fixèd assets Property ropalrs Advertising Hospstality Gas Amortjsallon ol Intangible ffixed assets KWMCC Ev8nt ¢osls Accountancy Govemant% costs 369.528 369,S28 341,238 24,294 6,967 7,296 7.743 19, 136 15.972 14.516 8.394 12,382 8,303 10,884 8,400 14,392 10,279 1,537 4,008 3.672 957 11,178 76.113 17.599 3.399 31.000 11.706 1,080 41.684 17,715 25,819 8,394 12,382 8.303 10.884 8.400 14.392 10.279 1.537 6,243 3,457 924 9,585 T2,117 4,680 4,026 23,700 (4.967) 3,672 957 11,178 76,113 17.599 3,399 31,000 11.706 1,080 41.684 17,715 25.819 35.081 15,566 21.242 Total 690.029 690,029 636.372 Page 22
KESGRAVE WAR MEMORIAL COMMUNrrY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10. Staff costs 2025 2024 Wages and salariès Social securitycosls 335.868 33.660 313,835 27,403 369,528 341.238 The average number of pèrsons employed bylhe Charty (Juring tho ar wa8 as follows.. 2025 No. 2024 Charitsble actfvllies Management & administralion of ¢harfty 10 io No employ88 received remuneration amounting to m¢)re thon £60.000 in eother ye8r. 11. Trusto•s' rnmunerntio¥n and •xpense8 During the year, none of thè Trustee8 reiVed any remunerali¢Jn or other beneflts (2024- £NIL). Durfng the year ended 31 December 2025, M Trustee expenses have been inojrred (2034- £NIL). Page 23
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2025 12. Inlanylble assots Computgr 8oftwarè Cost Additions 7,200 At 31 December 2025 7,200 Amortlsatlon Charye for the year 1.080 At 31 December 2025 1.080 N•t book valu• At 31 December 2025 6.120 At 31 De¢ember2024 Pag8 24
KESGRAVE WAR MEMORIAL COMMUNrrY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 13. Tangible ftt•d •ss•ts Fmhold Flxtur•s and property ffttlngs Total Cost At 1 January 2025 Addition$ 1.989.381 121,664 62,826 2,111.04S 62.826 Al 31 Oecember 202S 1.989.381 184490 2.173,871 Depr*¢iatlon Al 1 Janu8ry 2025 Charge lor the year 216.248 58.054 85.530 18.059 281.778 76.113 At 310ecember 2025 274,302 83.589 357,891 Met l)ook valu• At 31 Dgcembgr 2025 1,715.079 100.901 1,815,980 At 31 D8cambw2024 1,773, 133 56.134 1,829,267 P8ge 25
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Foxed asset Invè8tm•nts Llstsd Investm•nts Cost or valuation At 1 January 2025 Additions Disposals Rèvaluations Transfer to cash 2.069.567 398.332 1527.42n 245.026 {15.049} Al 31 December 2025 2.170A49 15. Stocks 2025 2024 Bar stock 3.651 3,773 16. Debtors 2025 2024 Due within y••r Trade debtors Other debtors Prepayments and accru8d ino)me 69.580 19.979 5.550 26.027 12,925 95.109 716,407 Page 26
KESGRAVE WAR MEMORIAL COMMUNifY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR TPIE YEAR ENDED 31 DECEMBER 2025 17. Credltors: knounts f•lllng du• 1n one year 2025 2024 Defgrr8d income Tradg (¥e<lfj¢ors Other t8x8tion and so¢lal sgwriiy other c¥editors Accruals 93.968 19.846 6.754 2,070 19.407 94. 125 17,035 6.684 863 25,181 142.045 143,888 2&25 2024 Deferred in¢om• Deferred income 811 January 2025 R8sources defeThed during the Amounts relea$gd from previous yoars 94.125 93.968 194.1251 76,T09 94.125 IT6,709) 93.968 94. 125 Deferred in¢ome rglatès to payments on account for a¢tivitlès Èooked that relate to future 8¢counYng periods. Pagè 27
KESGRAVE WAR PAEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 18. Statem•nt of fund$ stst•rnenl of funds- eurrent yoar Balan¢• at 1 January 2025 Balanc• at 31 Gainsl Dec•mb•r (LoBses) 2025 Tr•n8fers Inlout Incom• Exp•ndltur• Unr¢¥trfctsd funds G8n$Tal Fund8- all funds 3.890,71M 533,823 {745.921) 42.083 245,026 3.965.715 RestrS¢t•d funds East Suffolk community Partnerships Fixed assot grants Time together Tuesday Grant East Suffolk Council- Blns East Suffolk Coun¢ll- Live Muslc Band Stsnd SF¥)rts Hall doors Floor rg$urfacing 4330 5.330 42.083 (42.083} 588 1.125 {fjB) 10 {10) 5,937 {3,56n 2,370 3.471 4,635 {3,471} 14.635) 5,928 57,251 (11,7511 (42.083) 9,345 Total offvnds 3,896,632 591.074 1757.672) 244026 3.975,060 Rgslricted funds.. During the year grants and donalions were re¢eived that wera rg8trictfjd to certain projects as s8t out abov8. There was a transfer during the year of £42.083 relatlng to a re$thcted grant received for Ih$ purcha$e of a now contalner and olh8r equipmenv du& to thè terms bging met this has been transferrod lo unrestricted. Pago 28
KESGRAVE WAR MEMORIAL COMPAUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 18. Stat•m•nt of funds (contlnued} Statemonl of fvnds- prior y•ar Balanc8 at l January 2024 BalanG8 al 31 Decemboi 2024 Gain (Losses) Incomg Expgnthture Unr¢strtct•d funds General Funds- all furKIs 3,936,051 558.296 (696,557) 92.914 3,890,704 R•strfeted funds E8$1 Suffolk community patherships Time together Tuesday Grant East Suffolk Councll- Band Stand East SLrffolk Councyl- Bins Sports Hall doors 4. 796 583 6,167 (5.633J (401) 5,330 588 2, 100 {2, IOOJ fl,990) (1,346) io 1,346 6,379 12,019 f11,470) 5,928 Total of fvnd¥ 3.941,430 570.315 (708.027) 92.974 3,896.632 Page 29
KESGRAVE WAR MEMORIAL COMMUNI CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 19. Summary oflund¥ Summary of lunds- curr•nt y•ar Balancè at Balanc• at 1 January 2025 31 Galnsl Decemb•r {L¢s$•$) 2025 Transfers Inloul Incom• Exp•ndltur• General fvnds 3.890,704 5.928 533.823 57.251 1745,921} 111.7511 42,083 142,0831 245.026 365.71$ 9,345 RestrScted fvnds 3,896,632 591,074 1757,6721 245,026 3,975,060 Summary offunds . prior ye•r 88lan¢e al 31 Dbe1 2024 B818noe al l January 2024 GainF (Losse$) Incomg Expenditi General fvnd$ Reslrrl8d funds 3.936.051 5,379 558.296 12.019 (696,55T) {11,470) 92.914 3,890.704 5,928 3,941,430 570,315 1708,027) 92,914 3,896,632 20. Anatysls of n•t ass•ts b•*W• funds Analysls of net assets between funds- currnnt y•ar Unrestrlcted R•strlct•d fvnd$ funds 2025 2025 Total funds 2025 Tangible fixed assets Intsngible fixed assets Flxed asset investments Current ass&ts Credllors due w6thin one year 1.815.980 6,120 2.170.449 115.211 1142,045 1,815.980 6,120 2,170,449 124556 {142.0451 9.345 Total 3,965,715 9,345 3.975.080 Page 30
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 20. Anatysls of n•t assots bolwn funds Icontlnu•dl Analysis of not assets batw•en fund$- prior y•ar Un$tCld fvnds 2024 Rgsthctsd fvnds 2024 Total fvnd$ 2024 Tangibl• fixed assets Fixed aSt investments Current assats CredbtOTS due wilhln on& year 1.829.267 2.069,567 135,758 f143,888J 1.829.267 2,069,567 141,686 (143.888) 5,928 Totol 3,890.T04 5,928 3,896,632 21. Reconciliatlon of mov•ment In funds to n•t ca$h flow from 0rating a¢tlvhlos 2025 2024 Nel incomelexpendituro for the year {as per Statement of Nnancial Activthesl 78.428 (44.798) Adjuslmonts for: Depreciation Charges Amortisation ¢harges Gains on invgstments Dividends, interests and rents from investrnènts Decreas& In stocks Decreasel(In¢rease) in dablors Irthasg1{docrea6e) in ¢ditOrs 76,113 1.080 (245.0261 {36.1411 122 72,117 {92,9q4J (36,886) 1.631 (58,482) 21.667 21.298 11.843} Not ¢ash us•d in operatlny adlvltlos {105.9691 (137,665) Analysls of ea$h and cash •qulvalents 2025 2024 Cash In hand 25,796 21.506 Totsl ¢a¥h and ¢a$h equlvalonts 25.796 21,506 Page 31
KESGRAVE WAR MEMORIAL COMMUNITY CENTRE NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Anatysis of ¢h•nge$ In not debt At31 D•cember January 2025 Cash flow 2025 Cash at bank aThJ in hand 21.506 429D 24796 21.506 4.290 25.796 R•lAt•d party transactlons There is no ullim8le controlling party. The key managèmènt parson1 ofthè Charity re&d remuneralKsn of £55.13012024- £54.1781 during the year. The wsr¢ no Othgr ralatod potytransactions in eith•r year. Page 32