**NORTHFLEET CENTRAL CIO REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **REGISTERED NUMBER CE021095**
**A Charitable Incorporated Organisation - Charity number 1188503**
Brendan P Byrne & Co Ltd Accountants 12 Old Bexley Lane Bexley Kent DA5 2BN Tel: 01322 555530
**NORTHFLEET CENTRAL CIO REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **CONTENTS**
## Pages
2 to 5 6
7
8
9 & 10
Trustees Annual Report
Independent Examiners' Report
Statement of Financial Position (Balance Sheet)
Statement of Financial Activities (Receipts and Payments or Profit and Loss Accounts)
Notes to the Financial Statements
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## **NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **TRUSTEES ANNUAL REPORT**
The Trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 30 June 2025
The financial statements comply with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## OBJECTIVES AND ACTIVITIES
The Objectives of the Charity are;
1. To promote for the benefit of the inhabitants of Northfleet, Kent and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
2. To develop the capacity and skills of the members of the socially and economically disadvantaged community of Northfleet in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
The application for the charity was initially submitted in July 2019 and was entered on the Register of Charities on 12[th] March 2020.
## ACHIEVEMENTS AND PERFORMANCE
In the 2024/25 tax year, the Trustees met regularly throughout the year, with informal contacts between meetings by phone, WhatsApp and Teams. Minutes of meetings were taken and standard items on the agenda included a Chairman’s Report, Treasurer’s Report and progress reports on emerging community activities.
By far the major ongoing activity throughout the year has been related to the Pathway project. The previous annual report forecast a large number of meetings and a considerable time commitment, and the forecast has proven to be correct. The project has the potential to alter both the landscape and the lives of Northfleet Residents and is being managed by a steering committee of which Northfleet Central CIO is one of the four main partners. The project will re-purpose an existing building into a Youth Centre with space for additional community activity. At the heart will be a community café that will serve the young people, local residents and commuters. The building will include spaces for art, music and craft activities and a large multifunctional hall space. Key to the sustainability of the youth centre is the construction of a small business park on the same site, which will provide an income for the Youth Centre and employment, training and entrepreneurial opportunities for the local residents. All Trustees receive regular updates about the project with the day-to-day detail being managed by a sub-committee of three Trustees using their particular skills and professional knowledge to best effect. The site is located in the centre of a residential area, and an important task has been consulting with residents to inform them of the project, seek their views and importantly to allay any concerns they may have. The main project steering committee has met eight times during the year, with additional informal meetings of members. The Trustee sub-committee meeting schedule shadows that of the main steering committee to ensure the views of the charity are co-ordinated and communicated and that the expectations of the young people will be delivered. This youth project is unusual in that it will cover 8–18-year-olds (and Neets up to 25) and this age range brings additional challenges in relation to safeguarding and resource/space management. The workload created by the project has at times been quite onerous, involving ad hoc meetings with other groups, the preparation of reports, and frequent exchange of emails.
In a busy year we have also been active within the community. Given the other activities, we have focussed this year on working with and supporting other local organisations. We have sponsored many local groups with funds, examples being a donation towards the construction of the Salvation Army Playbus that will serve local children by providing a safe playspace, working with St Botolph’s church to distribute Christmas Luxury items to less fortunate families and supporting the food bank with volunteer hours. For part of this year, we funded the Tuesday Club at the Veterans Hall to provide hot drinks and light refreshments for local elderly people.
Our Trustees have supported other groups within the area, including reading sessions for junior children on Saturdays, encouraging integration for newly arrived immigrants by providing English lessons and working with developers to reduce tension between older established inhabitants and new incoming residents.
Trustees have continued to attend meetings of community liaison groups where appropriate. As an organisation with strong links within the community, we are able to express views that are listened to and appreciated. We aim to reflect accurately the views and needs of our community and to speak on their behalf.
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## **NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **TRUSTEES ANNUAL REPORT, continued**
## FINANCIAL REVIEW
This report covers the year ended 30 June 2025. During the year the net outgoing resources were £2,883 (2024 net outgoing resources were £4,449).
## STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charitable Incorporated Organisation was registered on 12 March 2020 and is governed by a Foundation Constitution.
There are currently seven Trustees in place with three potential vacancies.
The Trustees are:
Stephen Stamp (Chair) Jagjit Klair (Treasurer) Andrea Jackova Lauren Sullivan M.P. Samuel Reece Watts Abi Oshoteku Neege Allen
Northfleet Central CIO thanks the departing members for their service to the community and welcomes the new Trustees, whose local links and experience strengthen the capability of the CIO and its connections with the local community. The Charity Trustees manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO.
It is the duty of each Charity Trustee to exercise:
- his or her powers and to perform his or her functions in his or her capacity as a Trustee of the CIO in the way he or she decides in good faith would be most likely to further the purposes of the CIO
- in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to any special knowledge or experience that he or she has or holds himself or herself out as having; and, if he or she acts as a Charity Trustee of the CIO in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession.
P a g e | **3**
## **NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **TRUSTEES ANNUAL REPORT, continued**
## Trustees continue to use their local knowledge and links with the community to:
Work with other organisations to provide a youth focussed centre for the benefit of young people in Northfleet. Build links within the community that will ensure future cooperation as the Pathway Project comes to life. Focus on the frontline social issues in our community.
Communicate what we are doing, how to contact us and work with us to provide financial support. Ensure our finances comply with the legal and other regulations.
Monitor the local, county and national opportunities to engage with government and other agencies
## TRUSTEES RESPONSIBILITIES
Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the company and of the net movement of funds for that period. In preparing those accounts, the Trustees are required to:
- select suitable accounting policies and then apply them consistently
- observe the methods and principles in the Charities SORP
- make judgements and estimates that are reasonable and prudent
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
## RISK MANAGEMENT
The Trustees confirm that they have identified the risks to which the CIO is exposed. Primarily they are the need to operate in a legal framework that meets the requirement of the relevant Legislation, to manage our affairs in a financially prudent and open way, and to ensure that the conduct of Trustees reflect both the values and ethos of our CIO. Operating within a community requires us to ensure that the CIO builds and maintains a reputation for transparency, integrity and placing the needs of the community at the heart of our actions.
The Trustees addressed the financial structure of the charity, agreeing and putting in place financial authorities and controls.
The Trustees compiled and regularly review a ‘Conflict of Interests Register’ We have reviewed and amended the Constitution where appropriate.
The ‘Notice of meetings’ is issued at least 7 days before the meeting and contains the draft minutes of the previous meeting. Draft minutes of meetings are prepared within 48 hours of the formal meeting and circulated to Trustees. Minutes are formally approved at the following meeting.
The Trustees have set up and regularly update a website which contains details of our priorities, our Trustees and examples of our current activities.
Where appropriate the Trustees use social media to communicate to local people about our activities. The Trustees have taken out an insurance policy to safeguard against any personal liability the Trustees might incur.
A major risk to the charity is that we fail to comply with the requirements of the Charity Commissioners and the important regulations that govern our activities. The Trustees have entered into a service agreement with a well established local accountancy firm who have an oversight of our accounts and provide advice when appropriate to ensure we comply with any legal and financial requirements.
An important aspect of our activity is the need to cooperate with and work alongside other local an national organisations. The Trustees have made a conscious decision that we will only partner organisations that can demonstrate that they meet the necessary legal and professional standards associated with the particular service they deliver.
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## **NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **TRUSTEES ANNUAL REPORT, continued**
## FUTURE STRATEGY
## Renewed emphasis on the community.
The provision of a youth centre with opportunities for community involvement will hopefully have a significant benefit for the area and go a long way towards our objectives to improve the lives and life chances of the residents of Northfleet.
Ebbsfleet Development Corporation has agreed to fund the capital outlay for the project and with support from the other partners the prognosis for the project is very good. Clearly this project will continue to have a major claim on the time and resources of the charity and to support that we recruited new Trustees with expertise that increased our capability and provided us with local and technical advice that would allow us to play our part within the newly formed partnership.
Notwithstanding this major project, we are still focussed on the needs of the existing community and will seek ways of using our modest resources to support our community where possible. The complexity of the project and the administrative and planning hurdles have proven to be far more time consuming than first thought. We are aware of the need to re-energise our fund raising and visible community activity. In particular, we recognise the difficulties being faced by primary school children in the area and intend to continue developing our links with local schools.
Therefore, a significant additional priority will be to build relationships with local schools and other organisations, firstly to establish in depth the needs of the community, to examine solutions that have the potential of longer lasting benefits and to secure funding to implement those solutions.
## REFERENCE AND ADMINISTRATIVE DETAILS
Northfleet Central Charitable Incorporated Organisation was registered on 12 March 2020. Registered Charity Number 1188503
REGISTERED OFFICE 12 Old Bexley Lane Bexley Kent, DA5 2BN
We operate the website www.northfleetcentralcio.org.
## ACCOUNTANTS:
Brendan P Byrne & Co Ltd, Bexley
## BANKERS
## The Co-Operative Bank:
## STATEMENT AS TO DISCLOSURE TO OUR ACCOUNTANT
In so far as the Trustees are aware at the time of approving our annual report there is no relevant information, being information needed by the accountant in connection with preparing their report, of which the Independent Examiner is unaware, and the Trustees, having made enquiries of fellow trustees and the Independent Examiner, that they ought to have individually taken, have each taken all steps that he/she is obliged to take as a Trustee in order to make themselves aware of any relevant audit information and to establish that the Independent Examiner is aware of that information.
## 20 Mar 2026
This report was approved by the board on
and signed on their behalf
S.J.Stamp
Mr S Stamp, Chair
P a g e | **5**
**NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **INDEPENDENT EXAMINERS' REPORT**
In accordance with the engagement letter dated 27 August 2021, and in order to assist you to fulfil your duties for the Charity Commission, we have compiled the financial statements of the company which comprise the Statement of Financial Activities, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made to the Charity’s Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Charity's Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Board of Trustees, as a body, for our work or for this report.
You have acknowledged on the Balance Sheet for the period ended 30 June 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view. You consider that the charity is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Brendan P Byrne & Co Ltd
12 Old Bexley Lane Bexley Kent DA5 BN
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**NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **STATEMENT OF FINANCIAL POSITION (BALANCE SHEET)**
|**Note**
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Amounts held by related body
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
4
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**THE FUNDS OF THE CHARITY**
General funds
Restricted income funds
**TOTAL CHARITY FUNDS**|**2025**
**_2024_**
**£**
**_£_**
-
_-_
-
_-_
7,535
_10,419_
(600)
_(600)_
**6,975**
**_9,819_**|
|---|---|
||**£ 6,975**
**_£ 9,819_**|
||6,936
_9,870_
39
_39_|
||**£ 6,975**
**_£ 9,870_**|
In approving these financial statements as trustees of the charity we hereby confirm the following:
Trustees' responsibilities:
1) The members have not required the company to obtain an audit for its accounts for the year in question 2) The trustees acknowledge their responsibilities with respect to accounting records and the preparation of accounts.
3) That no guarantees have been given and no debts are subject to a charge on assets
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
## **The accounts were approved by the board of trustees on**
S.J.Stamp
## **Stephen Stamp**
P a g e | **7**
## **NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **STATEMENT OF FINANCIAL ACTIVITIES (RECEIPTS AND PAYMENTS OR PROFIT AND LOSS ACCOUNT)**
|**Note**
**Income**
1b
**Income and endowments from:**
Grants Receivable
Gift Aid
Donations
**_Total Income_**
**Charitable activities**
Grants and Community
Contributions
**Expenditure**
1c
Advertising/Promotional
Computer Costs
Events
Insurances
Venue Hire
General Administrative
Expenses
Other Professional Services
2
Miscellaneous
**_Total Expenditure_**
**Net income/(expenditure)**
5
**Transfers between funds**
**_Net movement in funds_**
**Total funds brought forward**
**_Total funds carried forward_**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**£**
**£**
-
-
-
-
-
-
**-**
**-**
1,150
-
-
-
198
-
-
-
96
-
33
-
74
-
1,332
-
-
-
**2,883**
**-**
(2,883)
-
-
-
(2,883)
-
9,780
39
**6,897**
**39**|**Total**
**funds**
**Total**
**funds**
**2025**
**2024**
**£**
**£**
-
-
-
-
71
-|
|---|---|---|
|||**71**
**71**|
|||1,150
1,250
-
1,200
198
151
-
-
96
-
33
576
74
132
1,332
1,211
-
-|
|||**2,883**
**4,520**|
|||(2,883)
(4,449)
-
-
(2,883)
(4,449)
9.819
14,268|
|||**6,936**
**9,819**|
P a g e | **8**
## **NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **NOTES TO THE ACCOUNTS**
## **ACCOUNTING POLICIES**
## **1a Basis of preparation**
The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) and the Charities Act 2011.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **1b Income**
Income comprises grants, donations received and the value of sales of educational services in the normal course of business based on subsidised fees for each session(s). The charity is not required to be registered for VAT.
## **1c Expenditure**
Expenditure includes VAT if applicable, and is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
## **1d Legal Status**
The Charity has been formed as a Charitable Incorporated Organisation under the foundation model.
## **2. STAFF COSTS**
The charity is staffed entirely by volunteers.
## **3. TAXATION**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 as any excesses of income over expenditure, if made, are applied to its charitable objects.
P a g e | **9**
**NORTHFLEET CENTRAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025**
## **NOTES TO THE ACCOUNTS (CONTINUED)**
|||**£**|
|---|---|---|
|**4.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
|||**2025 and**|
|||**2024**|
|||**£**|
||Accruals and sundry creditors|600|
P a g e | **10**
## **Issuer**
Brendan P Byrne & Co Ltd Accountants Bexley
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## **Audit history log**
## **Date**
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