Feering--.L-- Community Centre FEERING COMMUNITY CENTRE Registered Charity number 1188714 TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Governance Feering Community Centre was registered with the Charity Commission on 23rd March 2020 with a CIO Foundation Model governing document. The objectives of the charity are to run the Community Centre in Feering, which it does under a management agreement with Feering Parish Council IFPCI. This agreement binds FCC to comply with the terms and conditions of a Joint Use Agreement UUAI between FPC, the Chelmsford Diocesan Board of Finance and All Saints Academy Trust. The JUA covers the use and management of the Main Hall (which is jointly owned and jointly used}, the Main Hall's structure, fittings and fixtures, and the total buildings, central heating system and services. On 12th March 2024 Feering Parish Council became the sole trustee of the charity. Trustees of the CIO during the financial year were,'_ Feering Parish Council Sole Trustee The Sole Trustee considers that the Feering Community Centre does meet the public benefit test as stipulated by the Charity Commission. Attivities for the year 2024125 Organisations catering for everyonefrom the veryyoung to the elderly regularly usethe Centre.The Centre hosts a baby and toddler group, pre-school nursery, brownies, craft groups, good companions, weekly country music evenings, bowls, fitness classes and a monthly cinema are examples of a variety of activities hosted by the Centre. Bookings are also received from further afield for various one-off events such as birthday parties, elections and exhibitions. The local Garden Club holds their Annual Show at the Centre in September. The charity was given a table tennis table in July 2023, and the social sessions have proved popular with this turning into a regular hiring for a team to be entered into a local league The trustee has continued to provide a room at the Centre, free of charge, for a 'warm space I social environmenv, for all residents to attend. This is operated by Feering Parish Council on Wednesday afternoons throughout the year. The May Fayre is the major fundraising event for the charity and is also a major social event in the village calendar. The team that organises the Fayre does a fantastic job encouraging everyone in the village to get involved. Other fundraising events in 2024125 were a Christmas Fayre and a Quiz night both of which were very successful. Accounts for the year 2024125 Unrestricted funds show a deficit of £1,992.63 thi5 year {202312024 deficit of £3,196.24). Letting income of £37,218 is higher than the previous year12023124 £28,403). Net income from fundraising activities totalled £4,673 for the year, representing a decrease from the previous year's figures of £5,210. This variance is attributable to a change in accounting practices introduced by the current Trustee, differing from those Feering -=jt--" Community Centre applied by the previous Trustees. Repair and Maintenance costs were £1,410 higher than last year, mainly due to the installation of a new burglar alarm system and the 5-year electrical testing bei ng carried out. A lot of maintenance was carried out by Feering Parish Council as the building owners. The 501ar panels continue to have a positive impact on electricity costs, the amounts paid being similar to last year despite unit price increases. We wi11 continue to seek best prices for regular expenditure and reduce costs wherever possible. Discussions were held with the trustees of Feering Primary School academy and a methodology for calculating cross-charges for utility bills was agreed. The charity charges the school for electricity used in the hall, and the school charges the charity for water supply and gas heating. Water, Gas and Electricity cr05s charges were settled for the period between 2019 and March 2023. The figures forthe 2024125 cross charges were agreed in April 2025 and appear as a creditor on the statement of assets and liabilities. RiskAreas and Rlsk Management FCC needs to hold sufficient bank balances to meet its commitments as set out in thejoint Use Agreement. Provision must be made for future capital expenditure covering refurbishment and maintenance of the building's structure, fixtures ar)d fittings. The building is now over 35 years old and unexpected problems requiring attention are increasingly likely. The charity is fortunate that Feering Parish Council, as owners of the building, choose to undertake some of the capital improvements as they arise. Free reserves as at 31 t March 2025 are £26,019 of which the trustee has earmarked £10,000 for building maintenance and renovation. After settlement of debtors and creditors, the remaining balance of £7,824 is sufficient to cover over 4 months of operating c05t5. The charity is continuing to protect itself from the impact of increasing electricity costs having had solar batteries installed by the Parish Council and new LED lights and improved ceiling and selling surplus energy. Future budgets will need to be monitored to ensure long term sustainability. The trustee is confider)t that the financial reserves are sufficient to meet commitments for the forthcoming year. Overall, the FCC is now in a much stronger financial position with a significantly reduce deficit and with the balance of free reserves, after allowing for debtors and creditor, having increased from £5,670 to £7,824. Signed a On behalf of the Sole Trustee FEERING COMMUNITY CENTRE Registered Charity 1188714 Receipts and Payments Accounts forthe Year Ended 31 March 2025 2024n5 Restricted 2023124 Unrestricted RECEIPTS From Tradlng Actlvltles Lettings Affiliation Fees Deposits Compensation Insurance claim Refunds From Voluntsrysources Fundraising Other Grants and Donations Other recelpts Interest TOTAL RECEIPTS 37218.34 50.00 4750.00 0.00 0.00 338.98 37218.34 50.00 4750.00 0.00 0.00 338.98 28403.28 110.00 150.00 9869.24 145.13 9869.24 145.13 7229.53 107.22 1045.37 53417.06 1045.37 53417.06 600.61 36600.64 0.00 PAYMENTS Charitable Actlvltles Salaries Expenses Consultant Fees Trading Activities Utilitie5 Energy Water Waste Gas Malntenance Repairs and Maintenance Cleaning Hygiene Setvices Admlnistratlon of the charity Payroll Services PRSIPPL Insurance Hallmaster Telephone and broadband Office Consumables & postage Advertising Computer costs Independent Examination Affiliation Fees Bank charges Miscellaneous Deposit RefLAnds 9917.58 94.70 1179.24 9917.58 94,70 1179.24 18107.03 1884.25 512.77 946.92 13562.85 1884.25 512.77 946.92 13562.85 3255.63 0.00 873.08 4895.13 7410.10 502.95 4895.13 7410.10 502.95 11397.35 168.00 361.23 498.80 210.84 423.92 993.75 99.94 0.00 80.00 115.40 200.51 9.45 3500.00 168.00 361.23 498.80 210.84 423.92 993.75 99.94 0.00 80.00 115.40 200.51 9.45 3500.00 615.38 1409.10 1076.87 31.87 40.00 59.99 75.00 72.00 72.00 200.03 VAT Other Expenditure Improvements and equipment Fundraising TOTAL PAYMENTS 2645.13 2645.13 0.00 5196.23 55409.69 0.00 5196.23 55409.69 492,57 2018.98 39796.88 0.00 NET SURPLUS I (DEFICIT) -1992.63 0.00 -3196.24 Balances Brought Forward 28012.45 31208.69 Balances Carrled Forward 26019.82 0.00 28012.45 FEERING COMMUNITY CENTRE Registered Charlty 1188714 ststement of Assets and Llabillties at 31 March 2025 2025 2024 MONETARY ASSETS Deposits and Bank Balances Cambridge & Counties Building Society Unity Trust Account Unity Trust Deposit Account Petty Cash 12211.66 11228.29 2505.62 74.25 26019.82 26166.91 1799.27 0.00 46.27 28012.45 HELD AS: General Reserves Restricted Funds Earmarked reserves (BuSldlng maintenance) Earmarked reserves (Renovatlon) 16019.82 0.00 7000 3000 26019.82 18012.45 0.00 7000.00 3000.00 28012.45 Debtors Accrued I nterest S5E electricity refund due Electricity not charged to school Invoice paid in advance Compensation due Unpaid letting invoices 618.18 0.00 1044.16 0.00 0.00 0.00 1662.34 959.45 1111.64 837.50 52.98 75.00 2925.00 5961.57 Credltors Letting deposits held Lettings received in advance Invoices HMRC PRS/PPL Independent examination Amounts held for fundraising events Water use not charged by school Gas use not charged by school 2860.00 1505.75 0.00 0.00 341.42 65.00 430.00 561.99 4093.11 9857,27 1610.00 0.00 603.21 631.00 684.32 75.00 625.00 512.77 13562.85 18304.15 NON-MONETARY ASSETS Tables and chair5 Kitchen Equipment Office Equipment Sports Equipment and Games Sound IPA System Stationery Cleaning materials Maintenance materials HEELISL