Charity Registration nwnber.. 1188765 Lymington Community Association Annual Rewrt and Unauditd Finan¢1￿ Statanents for the Year Endal on 31 August 2025 Lymington Co￿￿￿￿]ty Association Contents I to 8 Statement of Trt￿te¢S. Responsibilities Inde￿dent Exarniner's Report io Statement of Fin&nciai Arttvities li Balattc£ Sheet 12 Statement of C&slL Flows 13 Notes to tbe Finalleial Statemetrts 14to30 Lymington Communlty Association Trnstees, Report For the Year Ended 31 Au2USt 2025 Th¢ trnste¢s present the annual report togdher witlL the finaocial st9trm￿ts of the Charity for the p¢riod from 1° September 2024 to 31 A￿￿l￿ 2025. The fill&n¢ial state￿ents have becn pr¢p2red in accordance with the accoutiting policies set out in note I to the accoull:s and Comply with thc ¢baritYs LX)llStituUOll, tbe Cbarities .4ci 2011 and A¢￿￿tI￿g and Reporting by Ciwiiies". StatemeDt of RecoDllnended Practice applicableto clwities PTeparing thEir a¢counts in accordaucc with the Financi81 Reporting Standard applicable in the and Rwublic of Ireland (FRS 1021 (effzctive from 1st Jenu￿ 2019). Reference and Athithtr#tlve Detailg Tw5tee L Lewis C H¢aly A Pensoll (Ap￿]nted oll @ Jaryuary 2025) (AppD]nt￿ oo 10 February 2025) (Re5i8tied on 6th March 2025) JRuffcll L DawsoD N Browne J Turner Oitsigned on Octob¢r 2024) C TalJ(sr A J Caldwell Serrior Mlnagemellt Tea Rachel Smith Ccntre MaDager Pr￿th0O1 Nlanager SharoD Nether(￿ll Prlncipal Office New Strect Hampshire S0419BQ Charity Regi5tr#tlonNwnber E188765 W¢b5ite Lymillgton Community Associydtion Trustees, Report For the Year Ended 31 AuEU5t 2025 Sollcltors Lcstcr Aldridge Russell House Oxford Ro&1 Boumemouth BH8 8EX B8nkers Barclays Bank P Leic£jective of imPTovillg the CODditions of life for the residents. The Associatton achieves its principal objecttve5 and al￿S througb tlle operatioll of the Lyrnington Con)mllnity Centre; nlDlling cours¢s a￿d proiiding facilitie5 for ¥tivities cyeD ro ail ages Iliversities. Thc Trustees confirni that thcy have ¢OTtwlied with the above objectives. Reerui¢ment and4pp?intrMentof trustees Ele¢tions are h¢ld anllua]ly f¢x the Officers and Trllst￿. These will be h¢ld ￿ the Annual General M¢cting OD Thursday 6th Mwch 2025. a list is provtded on page l. Arrrtngementsforsett¥ng moftggrnentpernonnel remHnr&tiopL The BoaEd of Trnstees are r¢stK)llsiblc for setting the renwD¢fdtiollof n]￿Nge￿￿ent pe￿o￿ne1. The Board of Trustees detrnines tILe overall strdtegy and developmcnt of theLY￿1[8tOn Community Association and 4)PEQV¢S the Aunual Budget for operatioD. The Senior MaThagement Team ov¢rse£8 the ]nanag¢ment of the Centre, with tELe Centre Manager b¢ing resFx)nsible for tbe day to day n¥Dning together with a team of St￿ alld volunte¢r& Relatiollshiw with Relatsj Parties Trllstee None of (burTmste¢s receive muKeration for their work with th¢ Lymillgton Coro]nunity AswiatiotL Pmblle This Report sets out our a¢tiv&ties achievements: aDd perforn)ance during the year, which aTt directly related to the objxts alld putyoses for wbicb tbe chaTitI exists. The thtre's activiti￿ wut5es and facKlities are for ihe bwefit of the whtsle commuDity. The Tn￿te£S confim] that they hav¢ wmplied with th¢ requiremcDts of section 17 of the Charities Ael 2011 to aye due regard tothe public benefit guidan￿ tALb]ishoJ by Charity ComMi￿10n foT England and Wales. Lymington Community Assoeiydtion Trustees, Report For the Year Ended 31 Au%ust 2025 Contribution of Volmnte We indebted to all the voluntc£rs who bclp opcrate thc Malt Cinema 8Dd Theatre, the Malt Café. the Ma]t Lounge Bar, Bo(Fk Corridor, "Tidal Boutique and who assi￿ with Mainlettance and help keep the gmuu(ts and gardens tidy. The Centre could not operate withoui their hdp and on behalf of the users of th¢ LytDill8ton Community Centre we thank them for their time and their contiibution. Aehievemellts Perfor￿8￿ce This report c4)YeFS tht 12-rnouth pcriod from 1st Septanbcr 2024 to 31st of August 2025. The Charity had 778 ￿ernber$ at the end of Au8u5t 2024, svith 745 at 31" August 2025 this was a 40 decrease year on year. 8 people giglled up to the new Membe￿iP package being a Friend of the Malt Cinema. Th¢ Board bas placed membership growth as a priortty for 202512(r26 with various initiatiY&s are being pul in place. Sincc thc Ixgi]]ning of thi5 puiod rooln hirfy course4 the café aDd events bave contillued to gTh income and inervdse diyersity. The Trustees are glad to report that Cincma rev(￿lle has incTeas&l year on year by 31 /. The Th]stees are very grateful to the s￿ff a￿d volunteers for this great succe￿. The Centre has ¢ontinued to ￿jOY hi￿ 2greetllEtLts with BroCkeDhU￿ Athilt EducatlDf4 N¢w Forest Aeademy of Dat)ce.Barclays. the British Red Cr055with ongoingcontractu&l roon rental wliich h&8 drivtn footfall to the Celltrc whi15t a150 providillg an ess¢ntia] community service to the whole ofthe arw th additioo the Centre prtsvide$ fa¢iliti¢s to ¢nabl¢ many affiliated groups and organiwion5 to have meetings and &tiYitie& Numerous private events With Catering by the Centre have increased the re¥et￿e for the Café by 1330/f*. We commellced Screenings in the Malt Cincma from (ktokr 2024. Individual screenings orgallised for specific groups Suth as D¢menua and Parkinson's Groups witb the optioll of lunch included proved popular with both ￿0UpS. Live theatre showings and perforniancGs by the LyrningtOD Players with 86 m￿nbu5 again positively contributed agaillst the previous y¢ar. Their three pThlu¢tiOllS wbi-h were Murder&J to Death in November 2024, Steel Magnolias in F¢b￿￿ry 2025, and finally in MAY 2025. The Lymington Film Society tM)$itiveIy colltributed with a sll¢cessfui wson of showing of 8 Fottigtt Fi]m with 55 members. TheNÉt and Natter Group continued to meet each Thursday with the G8mes Club meeting on the first Wedur5day of each month. A new Chicago Bridge Club w&8 set up in January 2025 with the help of Mary Burgess. A new addition fottheytat be¢nth¢volunteu 5waka5 who ha￿ provided talks and I￿reS ot local illterest including a support group for Neunxiivcrsity individuats. Ollce again, Christmas 2024, together with March 2025 and August 2025 Saw the ruuDTrDg of HAFF (Hampshire and IOW) Activities CouT5es in collabortion with St Barbe'5 Museum. proved very W¢￿9Sful prompting repeat plans for Christtllas2025. We are grateful to sIBa￿¢S, T¢s¢o and the FoodBank forthetr ongoing support and friendship. Tile Pre.School has had somc ¢ontrxtion in TruM￿r$ for 2024r2025. Th¢ Pr¢-School Govrmillg Collullittee 8fE focwed to expand the use of oui Pre-Sch(M)l. Affordabilsty ¢ontinu45 ¢0 be the bigge# ch￿lenge to prnts, alld the c￿tre is doing ¢vuJ¢hing it call to mitigate against rising costs. Lyn]ington Community Association Trustees, Report For the Year Ellded 31 Au%ust 2025 Redevelopment Prograrnme Phase l- The Pottery Relocation and Gat&s H￿1 Kitchell eXtensi￿- completed octo￿ 2020 Ph￿e 2- Relocation of Pre-SehDoI- ¢on)plewl Octokn2021 Ph￿e 3- Wel]ington CorridorlKitchen and Lift Work5- cO￿pIct￿j Octob¢r 2022 Phase 3.1 RetsTbithment of ￿aIll stairca5¢- completd SÈ Apri12023 PhR5e4-TheR¢Gonfiguralion ofthCdoWr￿aI[St0]lckS &ndtbeadditis)lloftwotoil¢tsonthe first floor-completed January 2025. PhA8e 3A- Removal of Wellington StaIrc￿e alld R¢xonfiguration ofToil¢ts- compl#￿ January 2025 This project er.&bled us to install two new toilejs on the first floor alld allow recottfiguration and ￿)gradIll8 of the downstairs existingtoilcts, A grant was awardej by Soutb Wert Traills towards the toilet reEonfiguration of £52K. LITC have match ￿llded th¢ works for the toilets ID the sum of £152K wbiclL is Part of the £900K development pled8¢. Our achievements io date in tbi5 major capitaj undertaking r¢fiwbithing theCoEtununity Centre ha5 truly only been madepossibleby donations from the m¢mber5,pub]ic users of the Centrc, Stephen and Kirsten Gates, The Garfield Weston Foulld￿lO￿ Hampshire County C(YllLciI. New For￿ Distri¢t CouD¢ii, and the incredible gEllefoslty of Lymington alld Pennington TOWD Coun¢il. In addition. the k.'ndness b￿Dw￿lt0 us thrwgh l¢gaci¢s from Freda and Agnus Holm¢s, Frallces COOL and Kenneth Jame5 ha5 remathle. Futntt Works Pbgse 3B-Malt Café and Gardell- knelDpmtDt- commenced-July 2025 TtLe corrid(K Qthling w0￿S for the Cafe commencol on th¢ Y￿y 2025 with the Books being moved to the Malt Lounge. Thc aGlual demolitiorl of the Café due to commence 151 202). This pba5e involves rreation Df a new Ca[&Bar￿1tchen together witti a welcoming outside atea forvi8itors to tbe Malt Café. Citkerna alld Theatre. Book Corridor 50 g[￿lY ettjoyed by visitors will be illeorpotated in the desigDS. Revised Plalls were S￿bmitted in August 2024 following input froTn usets of Éhe Celltrcand r￿e1ved approval in Ikcember2024. These WQEks are scheduled ¢0 be complded by end of June 2026. Th¢ C¢ntre receiyd a grdnr of £220K from LyrningtoTJ and Pet]ningtoll Town Cw)cil towards the developmEnt match fundittg for the Cafe. To date £44K of this b8$ been spent on prchminarylplanrring profe&sional costs. A fillal tranche of theLymillgton alld PeDuiugtoThTowo Council Gront of £219K will be dtawll dovm ill 2026 for the completion of the new Café. Phase 4 Reconfiguratioll ofKntrAne4 Re¢epthn Are4 Offices and WAlkw•y to Joln Gate5 HAIJ TbeTIuSt￿ aJLd team wiu continueto wLththered¢vel¢)pM¢ntandrn￿lerniSttl0nOfthe buddiligsandthe facilitie5 they offer forthe COTnmunity ofLymington. Penntttgto￿ aDd tbe surrounding areAs. The ambition is for everyone to feel part of this next chaptsy. Th4s¢ works are cumtly projec*d to begill in 2027 onwards. Fwld RA151ng Activities 202412025- £1￿269 Tht GrÉdiron Event returned on the i* Octd)et 2024 and Wd5 as popular as befo￿ with the staff and volunt¢e provid￿8 bacoll bap5 alld refrashneDts throughout the day. They kindly dOnat￿£0(K> tothe Celltre in appreciation of all the hard work. This was in addition to tbe rtKyrn birc fet alld th¢ ￿$t of ¢8tering prowided by tbe Catre. Lymington Community Association Trustees, Report For the Year Ended 31 AW 2025 Lucie Lrwis axrdngcd a Six and Sax event on thc 19th October 2024. Siri¢Lly Lymington rdurn¢d on Saturday 16th lioveTnk2W24 with two perfoTmauce5 which are provillg to be all annual higbltght and raised a si8tLificallt allaDUUt of moLey for tbc Ccutr¢ tba]]k5 to Kayl¢igEL S￿Et￿nt, Kcvin Thatcher and all those who Competed a]]d a&sisteAI on th¢ day. Thre£ quizzes were hdd and again organi5ed by Kevin Thatcher in aid of the LCA in December 2024, and on the 4tlk July 2025. awistmas c0￿MUnI1Y Sing Aloug- 5th Dccember 2024 orgallised by Contaras Choir in aid of the CATrmmunity Centre. The annual chri￿[n&8 Crnft Fay]E was held on the 71b DtteDiberwitb the Springcraft fayre held on the 13th April 2024. A Christmas luu¢b Vds held on 12th December 2024 wbich was greatly enjoyed by loyal Cor(ullunity Centre tllelllbers, users, YoluTrteErs, and Staff. The fourth Lymington Railway EXbibttiO￿ which w&5 larger tb2n 2024 w25 held ovcr E&qttt on 18th and 19th April 2025, was a great 5w¢ess and leading to a p]aDned rqTht Fxhibitson over Eattr 2026. Thanks to Sbjart Farmer, Bunny, alkd the aDd volunteer& Th¢ gardening Volunttr￿ orgat)is&J a PlaTtt Sate with Aft¢m(M)n Tfa- Sattwday 12th Jujy 2025 to raise fund5 for the new Malt Café Garden. Tbe LCA attended the New ForESt Sbow from 29th July- 31st July 2025. Paper Floristy cl￿¢$ colltinued tltrrmj￿olll 2024r2025 LCA helped the LymiDgton aDd PeDniDgton Town Councit owise an eyeut at WoDdside Garden5 for the onmuniry on Sunday 3rdAugllst 2025, The LCA aTrallgtsJ the stalls. #lld provided a tombolatogether wsth a stsll to prorlote tb¢ activities of th¢ LCA. OncE asaill infDrtnatioD about the Lyrnington Community thtre w&s di*ribut&l to l(d Ethte AgeDts for them to share wiib residajts new to the areaby Judy Ruffell. Tidal Boutique was opened oll I September 9021 offaiDg donated go¢MI quality ladies and gents rlothill& accessorics and shoes for sale andhas beell a great succass. This Near end 31.08.2025 Tidal raised £33511 a 14D/o incrE&8e year on year. Donationi of ladies: men's attd childreth's cloth￿, jewellery attd accessoTies rquested alld appreciated. The Book Corridor continues w do well with th¢ sale of don8ted Fw)oks, DVD'S, Jigsaws and CDS with S￿e8 of £7,530. The are extremely gratem to Ja¢ki¢ and her team f￿ their Iwd work throughoul a disruptive time with the new Café e4Jabltng works. Once again, w¢ operated the Club whicb was drnwn once a tnonth. The Charity is llDt re8i5tered with fundraising s￿. Lymington Community Associydtion Trustees, Report For the Year Ended 31 Au%urt 2025 Finattdil rev1¢ Prtheip4lfuMding soi¢r¢e$ The princip￿ fLwding SOUT¢e5 of illGo￿t to the As￿CIatiOn to August 2025 were- Room ]fir¢ of £180.322, Pre- School income of £124,087, Cinema income of £88,329 and Malt Cafe incom¢ of £91.661. Membership linc. c4r park permit) £22,093. AddItiot￿l fundillg sour¢es At]mLa] Grant was killdly received frorn IFrc. £io.(NyJ. tnvestment pollcy and perform•nce Uttder the Constitution of CIO. tbe charity has the power ￿ make any inve5t]nE]Jt which th¢ trustee5 see fit. The tn￿¢¢$ have considered thc most 8ppropriate policy for investing funds aDd Jjave found that cash deposits ttieet thcir requiremellts io gerierate income. Pollry Dn reserve TheTrustees OV¢TS¢¢ tnonttor ¢he rc5erVe￿sition OD a regularbasÉ The Establi5hmentFund'represelltsthe vaiuc of theaccurnulateAJ fixedassetsi￿thC accounts in¢luding iheongoing ad¢Jition to ih¢ value of thebuilding viatbe ongoing deve]optnent expenditure. The T)evelopmellt Funds, botlL restrirted aDd desigllat&J fiNding towards future JE￿rbi$hmtllt alld As part of the ongoillg Celebrdting 70 reDewai of the Centre. The Di8&8ter R¢¢overy Reserve Fulld. is designed to prote¢t th¢ Cwtre in the unlikely event of closure or serious adverse evcnt tbi8 is curreritly maintained at £l(K>.O(Xl. The 'Pre-SGhool Fund, reserve8 aty only available to tbe Thr-S¢knwl and are to be Taaintained at a level to ¢over ally expected and unexp¢cted colltingencies iocludiDg un-wi grants awaiting eKpettditur¢ frDtu Hampshire County Council. Th¢'Unrestricted In¢omeFund' represeDts the cumulative Su￿1￿$ available for ongoinggelleraI operational costs. Lymington Conununity Association Trnst¢¢s' Report For the Year Ended 31 AD%Thst 2025 FlnanclAI Injtrwnents Objectiveg tmdpolicl The Charity's activits.es expose it io a number of financiat risk% includino crEdit risk. cash flow risk and liquidity risk. Cpedts r&sk The Charity's prin¢ipal financiol &95¢t5 are bw)k balances 8nd ush and trade and othtt receivables. ThE Charity's credtt risk is primarily attrtbutable to its ttade Teceivable5. The amoullts F￿5¢￿ted in the balance sheet are llet of allowanc￿ for do&ibtfvl receivable& Ao allowance for impatmient is made whtre ihere is all identified Ios5 event whicb, based on prcvtOU5 experience, i5 evidellce of a rryJu¢tioD ill the r￿v¢rabIlIty of the cash flows. The YeditTisk on liquid funds and derivative financial instrumellts 15 linjited beeause th¢ ¢oullterp2rtie8 are baDks with hi8h credit-ratings assigned by interllatiollai credit-tating agencies. L¥quidity risk In Drder to mainlain liquidity to cr￿u[C that sufficient futrfs ar¢ avajlable for ongoing operations and fu￿re development& the Charity uses a tnixttuy of short-term bank accounts and an inv&stment accounL Furth¢r d¢taiLs regarding liquidty risk can ￿ found in th¢ Ststemenl of accounting policies in the finoncia] staternrnts. Going ¢on¢¢rn The Trustees have reviewed the fillanci21 circumstattces of Lyrnjllgt(￿ C(TrmTnunity Ass￿lation alld consid¢r th adequate Te50urces continue to be available to fi￿d tbe activitits of the Ass(Kiation forthefore5eeable ￿tllre. The Trustees ar¢ of the vi¢w that the Asso¢i&ion is a going wn¢ern. The annual rep)rt Wa8 approved by the tn￿ of ¢h¢ Charity on.........................and Sign￿ on iisbehalf by.. el*- C H¢aly Tre45yrer N Brovme Chair Lymlngton Conllnunity Association Trustees, Report For the Year Ended 31 August 2025 Statsment of Trustees, Responsibiliti The ttitss are responsible for prepaTing the ttustee8' report and the fIlla￿la1 stat¢Dients in acwrdwe with the United Kitigdom Accountitig Standards (Unitcd Kingdom Gencrally Accept￿ Accounting Pra¢tice) and applicable law andregulationJ-. The law applicabl¢ to CIO rcquircs the to preparc fitwciaj statements for eaeh f￿anCIal year wl)tch give a true andfairview of tbe state of affai￿ of the CIO trf the incoming resources 8nd application of r&8ources of th¢ CIO for that peTi(Ki. preparing these fiDanci8] statementy tbe tru5tee5 arc required to.. select suitable acoounting wlicies alld apply tbetll COns[st￿lly. observethe n)¢tb(¥ls and principles ill the CIO SORP. n]ake judgetneDts al￿ e5tillLatcs that are rea￿]￿1e and prudellL state wbrther applicable UK Acwunting Standards have bwi followed, ￿bject to any matertal departures dis¢losed and explain&l in the fillanc￿ statements; and pr¢p8r¢ the f]nall¢iai sta￿M¢￿ts on th¢ going WDc¢m b￿lS unle85 it IS iD4>pll)priate to presu[[￿ that the charity will coutinue in busincss. The trustees are rwollsible for keq)illg adequate accouutillg rttonjs that arc sufficirDt to 51LOW and rxplaio the charity's transactions and di5c105e with r￿Onable ac(w at any titlle the finalleial position of the charity aud enable them to ensure thattbe financial statements ￿ll)ply Nith the Charities Act 2011 alldtht ¥plicable Cl)2rities (kn¢ouDts and Repotts) Regulations. They are ￿80 respon&ble for safeguarding the ass&s of th¢ charity and hence for taking rea￿)nable SLep5 forth¢ prevention and de￿CtiOn of fraud and other irylaTities. Th¢ ttU5t¢¢5 arc responsible fDr maitttfflLan￿ alld integrity of the cotporatt and fJoancia] inftsnnation includrd on the Charity's website. Legislation in the Unita Kingdom governing the prepartton alld dissAninali¢)ll of financial 5tatellLents may dtffer fro￿ legislation Èn otber jurisdictions. Approved by the trustees of the ¢Ewity and Sign￿ OD its btha]fby.' C Healy Treasurer N Browne Lymington Conununity Association Independent Examiner's Report to the Member8 of Lymington Commllnlty Association I wjort to the ttute¢8 oll my exalljitiation of ibe financial **em¢nts of Lymin8ton COrnDll]￿ty Association (the charity) for thE }Vdr cndvl 31Augu5t 2025. This report is ￿ade solely to the chaEli￿S tnLStee4 as a b(xty. in accotdance with the Charities Act 2011. My work has been undertaken so that I might state to the ¢harity'5 tntst¢es thosE llmtters l required to state to them ill a ind6pendent examiD¢r's report and for no other pur[￿)Se. To the fullest extent perniitted by law, I do not accept or assLkn￿¢ respot]sibility to anyone Oth￿ than the ch￿lty and the ¢hariWs trustees as a body, for my Independent Exalnination, for thi5 report, or for the opinions I bave forllLaL Re$ponslbiiltfi¢s and lJasl$ of report As the tnLStees of tke chaiL ty, you arerespon&ble forthe preparationof th¢ fin￿la1 statem¢nts ill a¢cordallce with the requiretllents of the Charities Act 2011 (the 2011 Act). I wjort in respwt of rny examiDation of the chariry's fillallcia] staterncllts caTried undtt section 145 of the 2011 Act. Incarrytng Dut my exatninationIhave followeAailtbeappli¢able Directions givenby th¢ Ctsity CoDJmis5ion under section 145(5)(b) of the 2011 Act. Indtpendellt examiller's $t*temellt Since the Charity's gross tncome exceeded £250,0(Kl your &wincr must be a member of a b(dy listed in section 145 ofthe 2011 Act. I COLfimi tbat l am qualified to undertake the examination because l a]J amember of ACC whi¢h is one of the listed bodies. I understhlld that this has been dolle in ordtt for rt¢wi¢ia] stsÉ¢mentsto provide a true al￿ fair view ill accordance with Generally kn¢ept￿l A¢¢ounting Prdcti¢¢ ¢ff¢diV¢forrwrtingperiodsbe￿illgott￿ after l Jaouary 2015. I have completed my examination. l ¢onfjrm that TDatter5 bave c0￿C to attentioD in rollnectioll with the L￿nI￿atiDll giving Tre cau5C to belieye that in any material r¢spttt: awounting records w¢re not kept in resi￿￿ of the chartty a5 rwiredby section 130 of the 2011 Act. or Ihe financial $tatemenis do not pword with tlu)se records,. or the financial ststement5 do not Gomply with the ￿p]icable rrquirements concerning the forn and content of aceoullt5 set out in the ch￿itiCS (Accounts and Reports)Regularions 2008 other than any requirement that th¢ ac¢owits giv¢ a tru¢ and fair view wbich is TLOt a GonSider￿ as part of an independent examination. I have no concern5 and baye come acros5 no other rnattas in ￿nneCtiOn with the examinatioll to which attention thould be drawn in this ryort ill order to ellable a pn)per undetstandillg of the f￿anCIal statements to be reached. Moganardell Cbelvallaigum FCCA SKS Audii LLP Chartered AGGountants 3 Shceu Road Richmond Up)n Tham¢s E[￿18￿￿ TW9 IAD Date:........................... io Lymington Comujunity Assoeiation Statement of Financial Aclivtiles for the Yeydr Ended 31 August 2025 Unrestrteted Re8tric¢ed Funds Tot 2025 Tot 2024 No¢E¥ Income Donation andT2wies Cbaritable actiTrities (hher trading actiiiiies JnNestment Tncome OEher Income 136,838 570,665 41,042 28,699 438 136,838 570,665 41,042 28,699 438 302,438 510,013 38.054 25,016 1,856 Total IDCOTiie 777.682 777 682 877,377 Expellditur¢ Cost of raisirrfgfi] Ex￿￿11t￿re on charithble actiNitie5 Tot#1 E￿￿￿￿t￿re 3.450 661,030 3,450 661.030 5,136 600,027 664 480 605 163 Net tncome Transfer I￿t￿ell fillxL¥ 113.202 4,151 113202 272214 17 {4,1511 r4et illcome & Det mov¢rnent in fundg afrer transfers 117.353 (4.1511 113,202 272214 Total fullds, brought k>rwfjrd 1.733,428 180.069 1,913,497 1,641283 Total fu]th, tarried forward 17 1850,781 175,918 2 026 699 1,913,497 Atl of the charity'5 ￿tiVili¢S derive from continuiThg operations. TOTAL RECOGhJSED GAINS AND LOSSES The Charity has no recognised gains or losses other than those ittcluded in the Statement of Financial ActI￿ti￿$. The ncrtes oa page8 14 to 30 for￿ all ￿tite￿ pwl of thege financial ststements. Lymington Communlty Association (Registr&tion number: 1188765) Balance Sheet as at 31 August 2025 NoteB 2025 2024 FÈx¢d ￿￿ets T4wbl¢ ￿set$ 13 1211,164 1,207,840 Curr¢ut wets Stock Dei*or5 Cash at ill hand 14 Is 4J87 46J64 875,816 3,710 32,519 752.475 926J67 788.705 Llabllltie8 Creditors falling due Mithin otte year 16 (111.032) {83,048) Net turreDt a5get 815.535 705.657 Net wets 2 026 699 1913 497 The fimds ofthe charlty Ullrestricied funds.. General Desigwed Restricted fu 17 17 17 50256 1.800525 175918 53,450 1,679,978 180,069 Total eEwityfllT 2 026,699 1913,497 These a¢counts were approva by the trnsw Oll attd werc signed on their bebalf by.. ly Trex9urer N Brownc The notes ot) pages 14 to 30 fomi an inte￿al port of these financial statments. 12 Lymington Community ASSOCiYdlloll ststement of Cydsh Flows for the Year Ended 31 August 2025 2025 2024 Cash flow from operating %tivities Net M0￿ment in fuExts Add back depre¢iation Jnrreage in StOGk (Deere&4ellIlleretge in Del*ors tncre&8e in Creditors Net Cgsh floTrv generated from Oper%tiDg Activitie5 113202 63,082 (677) (13.845) 27.984 189,746 272214 58,185 (218) 32204 8.981 371 J65 Cash llows from investing activities Purcb&8e of tangible r￿ed2SSets (66.405) (269,366) Cash used in investing getivitles 66.405 269.366 Casb flows from fiJwLting &ctivities C￿h used in fiDaDCitkg actiiities I￿rease in cth& ¢￿h equi￿lentS in the year 123J41 101,999 Cash & c&8h equI￿£￿tS al the beginning of the ye 752.475 650.476 Total cash & cash equivalents •t tbe tnd of the year 875 816 752.475 13 Lymington Con]munity Association Notss to the Flnancial State]nents for the Year Ended 31 August 2025 l Accountkng polldes Statement of compliance The fii)ancial statemenis bavebeellprepared in ￿￿rdanc4 with A¢cotmting and ReportiDgby CharitLes: Statement of Recommended Practice applicable to charities preparing their accounts in accord￿Ct with the Financial Reporting Standard applicable ID tb¢ UK &tLd Rqjublic of Ireland (FRS L02) (cff￿tIve l January 2019)- (Charittes SORP (His 102)), the Financial Reporting Standard applicable in the LK WLd Republic of Ireland (FRS 102) and Charities Aet 2011. Th¢ fAnaA¢ial statetnent5 have been prepared to give a 'tNe and fair, view and hay¢ departed from the Charities {AceDunts md Reports) Regulatiow 2008 on]J to the eThDt requird to pft>iid¢ a 'true and f￿r view.. This departurE involva following thcAccounting and Retrf)rtingby CharÉtie5: Statement of Recommended Practice applicable to charities preparing their a¢counts in attordance with the Fillancial Reporting Staudard applicablr in the UK alld Republic of treland issued in (hober 2019 rJther than the A¢coutLtin8 and Reporting by Ch&Tities: Statement of Re¢offjrnfflde41 Prdctice effective from April 2005 whicb has sillce bcen withdrawn. BASIS of preparallo Lyn]ington Community A550Giation is a Charitable It)corpornd Organisation in England. The address of the principal offi¢e is given in the charity Inforn￿tiOn page l of these fJDalleial statefftett￿ The aature of Lhe harity's operations and principal affliviiies are giveD ofl page 2. Thefinancial stat¢m¢nts for￿￿ yVdreDded 31 August 2025 arc thc fitst finaD¢ial statcmtlltsthat cornply with FRS 102. The charity meets ttrle definition of & public benEfit entity lll￿r FPS 102. Assets liabiliti¢$ are illitially recognised at bistorical cost ortranwtion value uttjcss otherwise stated ill the relevattt aceoulliing policy note5. The finanaal stat¢tllents arE presBnted in 5tcrling which is tlLC fun¢tsonal ¢UTr¢n¢y of th¢ charity and rounded to tbe nearest £1. Going CODeeni The Charity's Finan¢iai Statetnents sbow a net A￿luS of £113.202 {20?4_ £272214) for the year, tota] reserves Df £2,026.699 (2024- £1,9E3,497) and frec reserves of £50256 (2024- 53.450). The Trustees have &ss¢ssed whether tbe use of the going concern basis i5 appropriate ond have ¢onsid¢red possibl¢ event5 or conditions that might ¢8st Significant doubt (m th¢ thility olthe ¢Tr￿]ty to continue as a going ¢wi%m. T￿￿e¢S will Contillue fo monitor and ensure sp¢Ddtng to be done in line with income in order to m￿￿taIrt target level of reserve5. The rewew of wbfiow for 12 tnollths fJt)m tbe date of approval ofthe fjnallcial 5tatallent5. ttLE associaied assumptions that underp￿11, secured llew illCOllLe alld thestEP5 tI￿t¢{mad be tak￿ to reducecxpendithre should thi5 bc L¢¢e8W. Based on the infonnatioD thove, the TTUSt¢¢s have a reasgllable expectatiollthatthe cbap.tyhas odwuate T¢soiirces to ¢ontinu¢ in optrationfor thc forr5ccablc fu￿re and will rcmain sU￿1￿S in future period5. Therefore, the tnws have adopted thc going c(ncem basis in PTqJating these a￿(A￿tt$. 14 Lymiugton Co]nmunity Association Notes to the Financi￿ Ststswents for the Year Ended 31 August 2025 tncome and endowments All incomillg resoffte5 are included in th¢ Statunellt of Financiat ActLNities (Sofa) wben th¢ c]wity is legally ElltitlEd io the income aft¢r any performance conditions have I￿en llket. the amount can be Tneasur¢d reliably and Lt 19 probable that tll¢ in¢om£ will be ￿1Ved. Voluntary itLcorne including donation4 gifi% legacies and grants thar provide core ftmding or are of a gen¢rai naturc 15 rccogttisd when thecharity ha5 entitlemmt to tbe income. it is probable that the inc0￿C v/ill be received and the amount call bt mea5llred with ￿tC]ent reliabiliiy. rlnd leg4cles DollatiottsalldlegaGiesarereco8nised Onar￿1vabIeb￿t$Whell re¢eiptTSPtDbable andthe anoutLt canbe r21iably Tneasured. Grants recEhable Grallt5 arc rEcogDiSed wllen the dJaTity has an entitlement tothe and any couditions linked to the grants have en rnet. Where perfornallcc CDndilions attached ts the grdDt aDd are yet to be m¢L the income ts recwised as a liability alld includa on the balance sheet as deffflred IT￿Me to be rcl&wd. Deferred income Defetted income repr¢8ents amounts rweived for fUtu￿perIOdS aDd 15 rde&%d to incoming resources intheperi(Kl for wbich, it has bcn received. Such income is only deferred when". . The donor specifies that tbe gtallt or donation must only beus¢d in accoutitiDg periods; or . The donor IMS ilnposed conditions which must Ft mtt bd(*c thr thatity has unconditioDal entitlement. Incoming resourccs from tsx rEclairns are illcluded in th¢ Statanent of FitMll¢ial A¢tivtties at the same time the gift to which they relat¢. ExpendltTLre All rxprlldltu￿ is recogllised ODceth¢re isa legat or¢onthdiveobligatiotL ￿[el￿ent isprobableand the amounl can be measured reliably. Expenditure is allalysed betw Cost of raIs￿g fund& and Expenditure on charirable a¢uvities. The chariry undertakes a single £barttable activtty, Damely the optt*ion of a conllnunity Centre for the benefit of the l(Kal commutiity. All co#) relating to this actiwty. includiDg ccntrdI SUPTM)rt costs, are included within expcnditure on Ch￿itable a¢tsvities. As the chatity tsrries oui only one charitsbl¢ aotiviry, no allocation of support costs between activities is required. Thcs¢ arc ci)st5 illcu￿td in attracting voluDtsry incomq the management of investments 2nd those incuEred i]J trading activiti￿ that raise fands. Chorilahle acttvirfes ChaTit&ble expenditur¢ comprises those costs incurred by the charity ID the delivery of its activities and Se￿1¢eS fDr its bencficiarics. It include5 both costs that call b¢ all(wed dirrfily to such a(*iYities and those costs of an indirect ttature ￿￿eSs9ry to ￿p￿)rt them. 15 Ly￿]ngton Community Association Notes to the Financial Statements for the Year Ended 31 August 2025 Government grallts Government grants ar¢ r¢coglljS￿ b&8ed on the accrual model and are ncagL]red at th£ fair value of the asset received or reccivable. Grants are claS￿ri￿ &s rel2tin8 eithff to revenue or to assd& Grants r¢lating to revenue are recognised in i[w￿l￿¢ overthe period ill whi¢b the relata costs are re£ognised. GraTrt5 rdattng to assets are recognised over the ￿peCt￿l usefill lif¢ of th¢ as5&. Wbere part of a grant relating to an assvt is def¢Trt it is rwtiised as defentd income Copit81 Grants Poil¢y Grants rtttyved for capita] expenditure are reco8llised as ill¢ome whell the charity IxcoD)¢s ¢ntitIed to the grallt, it is probable that the grant will be receiv￿, and any p¢rforDall￿ conditiOD5 have been satisfi Wh¢r¢ ¢apital grallts relate to specific dcveloplneut proj￿ but do llos wn¢aio perfOrr(￿lCe conditions fequTriD8 rq>a￿etLÈ, they are r¢xognised as in¢om¢ and may subsequently be de5ignatuJ by the Th￿r£S to Tcficct their IDtended use. Where grdllts cont&ill p6rf0rE[￿LCC conditions t1￿ have not yet been Tnel tb¢ illLX)rne is def¢rred and reco￿)ised once tbose conditiotts are fvlfilled. 16 Lymington Community Association Note8 to the Financial Statsments for the Yevdr Ended 31 August 2025 TAxstlo The charity is a registered Charitable In¢orpoTat•J Orwisatton {CtO) and is regiAcTed witb the Ctmrity Commission for England and Wales. As a registered charity. the OTBanisation is subjeci to corporntion tsx on its income and gains. However, it is exempt from taxation Oll it￿[￿e alld gaiDS to tbe extellt that tlLe5e are applied fDr exclusively charitable purposes, in accordallce with Part I l of the Corporation Tax Act 20IO and Section 256 of the T&xation of Chargeablc Gains Act 1992. Tanglble fixed agsets IndividuaI fixed &8sets are initially recor(ted at cost. less ally yJbsequent accumulated depreciation and subsquent accumulatcd impairmcnt losses. IndiviEhd fixed costing £3(K) ormore are c2pita]iscd at wst. Thc collcctivc costs pertaining to deVelopm￿t PTojects will be ¢onsidttd as totst and llot aÈJ individual asseL Ill relation to tbe freehold properti&%, fee5 relaling to any plaDDing, drawings 8rchilerts and surveyors for ￿tUre projects are treata as revenue expendiNre. Depreeiatlon #Ad ￿ortIS*t10TI D¢preciation is provided on tangible fixed assets wasto wrrte offthe c05t orvaluatign, any ¢5timated residual value. over theÉr exp(xta useful econon)ic iifeas follows: Ag$et Other fr¢ehold prop Deprecladoll metbod rate 20/0 strdight liDe basis Co]nputer equipment.. 66.7/ll fim year, 33.3Yo secottd year ba515. Furniture at equipm¢ut: 3 year straight line basis 2Yo strotght line basis 5% thight line basis Fixtures, fittings and equipment Freehold Fuller M¢Lellan Hall Celebrating 70 refilrbislunent Stock Stock is valued at the lower of cosr alld e5tittHtsJ selling priGe1ts5 C05tS to cotthplete 9￿d sell. after thie re8th foi obsolete and slow-noving Stock& CO￿ is d&eTtllined using the fir5t-itu fLf5t-OUt (FIFO). Tr*de dtbtors Trade d¢btOTS are amounts due from customers for merhandis¢ sold or services F￿0M)ed in the ordiDary¢ourse of businesa alld aEe iecogtiised iDiti2tly at the tiati&thon price. They are subsequently mwured at amortised cost using the effective illterest roethod, less provision for tinpaimient. A prtsvistOD forthe itnp2ir]nent of is established when thereis objectiveevidence that they will noi ableto collwtall omounts du¢ ac¢ording to the original ternis of the receivablcs. 17 Lymington Conllnuuity Associ*tion Iyotes to the Financi21 Statements for the Y￿r Ended 31 August 2025 Cash and t&sh equlvalents Cash and cash equiyalents wmprise Cash hand pnd call deposi￿ aftdothv4 short-tern) highly liquid investmellts tbat are readily coIivertÉble to a knowm am0￿¢ of cash and are subje¢r ￿ an insignifi¢ant risk of chang¢ ID value. Trade ¢reditors TTadc crcditors are obligations to pay for gocxls or services tbat have been oequired irt the orditiary cout%e of business from suppliers. Accounts payable are classified &8 currellt liabiliues if the charity does llot hav6 811 uncottditional riglLt. at the endof the rep)rtingperi(HL to de￿ S￿leMent of the ￿editOr for at least twelv¢ months after the reporting date. If tlEerc is UELiondiiional rigbt to defer s￿l¢mellt foT at least twelve months after the reporttng datc, they are presented as TLon.current ]iabilities. Ttade GreditO￿ reco￿l￿d Initi￿lY at the transaction price and subwueTrtly rne&w￿ at aMorti￿￿ cos1 using th¢ effectiv¢ int¢r¢# method. Fwid 8trntture UDrestricted inconLe funds are general ￿nd9th& are available foT US¢ at th¢ ttv5tee's discretion in fiJrth¢ranc¢ of the objective5 of tbe charity. Designated funds are unrcsrf1¢t￿ funds set &sid¢ for 4)¢Lific EFurpw atthe discr&ion of th¢ t￿￿e5. Restricted inc0￿C fvnds are tb05e donatryj for use in a paniwlar area or for spe¢ific purposes, the use of which 15 r￿riCted to that arca or ER]rpose. Prlne5pAI Rbks Unt*rtAlntSes The charity only has finwial &sy¢ts and fiDaDcial liabilitie5 of a killd tbat quatify as b&8ic finaucial illstwtllcnts. B&si¢ fiDanGial instrLuntnts are initially recogni5ed at tr&n5xiion V￿lle and subsequently neasllred at their settlemettt value with the excepttott of bank loans wbich are subwu<*tly tlltrasur￿l at amortised cost USiDg the effective illterest tneth(Ki. Pension e05ts Contributions are Gharged ￿ the Statement of Finan¢ial A¢tivitie5 in the period ill wbich they are payable. The assets of the defined cotjtribution khemes are held septtely from those tsf the compaw in independently admioislered funds. Judgement and key 50ur¢¢s of estimation ulleertaillty the appltcation of the ¢hariry's accounting ￿)I]C]eS. the challty is Tequired to make judgtllents, est￿]nateS and &%sumptions about the ¢aTrying amount of wets and liabilill￿ that are not readily apparent from other sources. The estimates alld &sKKiated assu￿Ptions are based ¢)n his￿rical experien¢¢ and other factors that ar¢ Considered to be rdevant. Actual r￿[t5 may differ frts]ll these estimates. The CO￿panY ￿akeS e5tKEnatf5 and assumpiion5 con¢¢rntno th¢ future. The rcsulting accounting cstirnatcs will, by d¢finition, seldom eqllal the related actual rttsults. The ekimatrs and assumptions tbat h&ve a significant risk of causing a material adjustment to the caThying aTRoullts of ass&$ and liabilitias within the ncxt financial year are adthessed below. 18 Lyjnington Conllnunlty Association "otes to the Financial Statements for the Year Ended 31 Allgu$t 2025 Use￿1 economi¢ lives of tan￿ble assers.. The allnual dq>reciation chargefortsngible assets issetisitiveto changes ID thE es[1￿￿ted economic lives and Tesidud values of the assets. The useful ecoDofDiC lives and residual value5 are re-assessed annually. They are when uecessary. The estiDJat&g 8ud underlyillg assumptions are reviewed Dn all ongoing ba5]5. Revisions tD accountiD8 &imatts are wognised in the period in which the estimate is rrrised where tILe rcvision affects only that peri(xL or in thc peri￿1 of tbe rcvisioL and future periods where tb¢ r¢vision aff¢rts both CUTTent ￿ future peric*ls 2.Ineome from doDat¥bn and leg4¢i¢s Unre8tr1cted General To 2025 Thtlll 2024 Re8trltt¢d Gorr[￿eT￿ Grmts FundRaising. G￿S Chth 70- Malt Hall Citrma CEL70- Toilets & Stair¢&8e ReconfigLntion CEL70- Malt Cafe Refu￿lS1￿)￿lt FundRaising- 200 Club FundRaising-Celelx&wg70 Fu￿jRal5ing. Generd FU￿1RaISing- Gift Aid CEL70 . Malt Cafe G&den Futthigittg. E*rts 10.000 io,000 8900 24.688 3.142 10,862 250,000 291 53 3,357 1,146 12,008 12,008 83,707 302 50 9,622 2278 1.505 17 J66 83,707 302 50 9.622 2278 1505 17 J66 I36￿8 136,838 302 438 Encome from dOnatt(￿ and Irgacies 2024 totailing £302,438 ail attrI￿t￿l to unr¢striCt￿ funds. 19 LymiDgton Conllnunity Association Notes to the Financial Statements for the Year Ended 31 August 2025 3. Income from Charitable A¢¢lsrftl Unrestrl¢ted Restrltted Fulld¥ Total 2025 Totsl 2024 Sulx%criptioll Subscriptions from affiliated ix)dies Car Park Income C1￿$e8 Income 12,134 1,610 8J49 11264 20.451 91,661 88.329 2,758 1.637 18.759 124.087 193 178,872 8J13 1.450 780 18 12.134 1,610 8,349 11264 20,451 91,661 88J29 2.758 1,637 18.759 124,087 193 178.872 8J13 1.450 780 18 12,635 1,654 7,327 8.103 14.866 81,694 67,919 1,925 1,027 16921 117220 42 172,478 3,560 1,948 694 Cafe Csr£m&lMalt Hall LymiDgÉtrnFilm Sooiety Pottery L)TlliogtonPlayers Preschool LcAAd￿rt18ityd lrtome Public al￿ intrrllai room btre Ciiql Partllersbips/WakesTrarties Equipneni Hire Photocopying tn¢om¢ Othefs 570,665 570 665 5111013 Income from charitable activiti¢s in 2024 t¢)tslling £510.013 was all attributed to utiregtrict&l fvnds. 4. Income from other tradlllg artlvllies Ullreytrlcted Total 2025 Total 2024 Gellerzi Sale of ixjoks Tidal Boutique Sa]es income 7.531 33.511 7,531 33,511 8.770 29,283 41.042 41.042 38,054 Incom¢ from othertrading activity in 2024 totslling £38.054 w85 all attTibutedto untrstricbl 20 Lymington Communlty A550ciAtion Notes to the Finallei￿ Statsmellts for the Year Ended 31 August 2025 S. Investment Incotne Unrestrieted General Total 2025 TotAI 2024 Interest i￿ort 28,699 28,699 25.016 Income frotn investsnent in 2024 totailing £25.016. w&s all 8ttributed to utirestrIc￿d fiThds. 6. Otber IntDme UDrestrlet¢d Total Genera] 2025 Total 2024 Other Income 438 438 1.856 438 438 Other In¢(mie in 2024 totallin8 £1.856 w75 all attributvl tOUnTcsiricted fund 7. Expenditure on rnising funds UoTestrict¢d Re5trieted Totsl 2025 Total 2024 General Fundralsing tr4dlAg ctAst F￿draisIng Tidal Fwes MemirrshipFees 2972 274 204 2,972 274 204 4.432 538 166 3,450 3.450 Cost of trading activities in 2024 lot￿lIng £5,135 aYTibuted tt) uL￿stricted fvnds. 21 Lymington Community knociation Notes to the Financial StatsThents for the Year Ended 31 August 2025 8. Expendlture on ¢barltgble *cthrftle5 Unrestrleted Restrlettd Total 2025 Total 2024 Gener Class¢$ expen(titure 2.888 8,147 67,630 40,143 2,090 4,987 118,964 3,845 1,541 347.713 63,082 2,888 8,147 67,630 40,143 2,090 4987 118,964 3,845 1541 347.713 63,082 2.239 5962 55,173 33,806 1,702 5,721 106,843 835 725 332.285 58,186 Café inl¢uding salarie5 c1￿m￿￿aIt Hall Lym Film Society LymingtonPlayer8 Presc1￿01 Civil Partnerships Pottery eX￿lIu[e Supp)rt cost IRefer Note 9) Depreciation 661030 661030 Exp¢nditur¢ on ¢haritabl¢ arti￿7t1￿ in 2024 t(￿lI[p8 £603.477 was attributed tD unrestticted fund%. 22 Lymington Con]munity Association Notu to the Financial Statements for the Year Ended 31 August 2025 9. of Support Cost Unrestrleted Total 21125 Total 2024 GetterAI AdministratiNr saI￿leS Water rates Li8bt and heat Inswance Building repairs Equipment repairs a[MIrer*￿E1 Computer m8inleDallce and SOft￿￿e Trlephone Premises licence5 Printin& postage, s&itioMy ￿ thrtising Newsletter aad MtAP Staff & Nvlunteer costs Sunthy expenses Cleaning 8nd waste dlswsal-1ncl￿jlng Ac¢oLmts alld Tnd¢pEndert ek*nin-r fees tE8a] profe55iDllai fees cbgxges 166.740 4,057 39,767 12,277 12,401 488 5J07 3.608 2200 3.136 4232 8299 133 66.131 3,724 9.903 5JlO 166.740 151.419 4,057 2,270 39,767 42,693 12,277 11,399 12,401 7,729 488 4,536 5,307 5.612 3,608 3.100 2,200 1.093 3.136 2.965 4232 920 8299 6.928 R33 2,901 66,131 64.756 3.724 4.926 9.903 9.772 5,3 10 5.817 347,713 347 713 328036 23 Lymington CoDllnunity Association Notes to the Financial Statements for the Year Ended 31 August 2025 10. Net outgolng res0￿ree$ Net tsutgoing resources for the year include.. 2025 3,090 634 63,082 2024 4,200 726 58,186 Accoutts ondJn@rndeth eXaMi￿r fce5 Other nOn-a￿lit sernTces Deprecitsion of fixedasset 66I(16 11. Allalys19 of staff co¥￿ trn$tets' r¢mun¢rxtiDn and e4>eDses co&t of key maD8gement personnel 2025 2024 Siaff ¢o$t8 Wagcs and Salaries Social security cost Pension cost 330,020 301,333 19.988 l7,098 6253 5,557 356 261 323,988 No allployee ￿ceIved fflio1u￿¢￿ts of MO￿ than £60,(K)O during thc year. No t￿￿e¢ rw¢iYeAI any remuDerdtion f(r their ￿r¥I￿$ as tTUStees or aoy reimbutsenLellt of expenses. The key thanageMe￿t persomiel of the ¢harity comprise tbe Centre Manager and the Preschool Manager, Ihe total employee benefit5 of the key Tll&Dagement pejsotjnd of the clharity were £81.945 (202*£50,581). St*ff Numbers The monthly average Dllmber of per50Ds (ineludmg senior maDdgementAeadthship team) employedby the ¢twity during th¢ year {￿11 time wuivalent) as follows: 2025 2024 C&ret8&ttrs Athllinistration Cd¢rillg $18Ff Manager Preschool 14 17 The average monthIy numberof p¢rgon5 employd by the cbarity during the yearw&s 19 (202417). 24 Lymington Community Associatioll Notes to the Finydncial Statements for the Year Ended 31 August 2025 12. Ta3Htion Th¢ clJarÉty is registered chaTity is th¢r¢for¢cxE]npt froln taxation. IJ. TaDglble Fixed A59ets CoiDithr equlpment Cel¢br8tlng 70 Free1￿Id Fuller refurbiikniettt Mtt*llan Ilail C08t At 1st Septemb¢r 2024 Additions Disposal A8 at 31st ￿gUSt 2025 175271 245,568 2,763 855,498 66J97 706,891 175 71 245 921 95 706,891 I￿p￿tiatIOn At 1st Septemkr 2024 Qwg¢ for theye l23,728 3,504 244,038 764 2269 502 153,484 44,176 254,631 14,136 8 at 31st Au8Wt 2025 127232 244W2 197 60 26 767 Net Bookvalue As at 31st 2025 48,039 766 o} 724.235 438 124 A8 at 31st 2024 51,543 1530 495 702015 451260 Totsl Cost At 1st septem￿ 2024 Additiong I,985,991 66,405 8 Qt 31st AUW 2025 96 Depreelatlon At 1st Sept-mkr 2024 Charge forthey 778,150 63,082 As at 31st Augu￿ 2025 841,232 Net Bookvalue A8 at 31st Au8USt 2025 1.211164 At 1st Septemkn 2024 1,207,840 Lymiugtoll Community A550ciation otes to the Fillanrial Ststements for the Yewr Ended 31 August 2025 14. Stock 2025 2024 Stocky 4J87 3.710 87 15. Debtors 2025 2024 Trade Delknrs 23,794 20,463 1.375 732 11.478 20,481 Other debtors Ac¢n￿d income 561 46 16. Credlton: ￿n0￿￿t faJMDg dne wlthln ODe ye 2025 2024 Trade Creditors Other creditors Other ￿atiOll aNlsocial secwity Pellsionscheme creditor Accruals Deferred ￿￿ome (see note ￿lOW) 10.499 4.880 13,460 1259 12J89 68J45 3257 7,750 6,977 1286 15,227 48,552 111.032 83.048 Deferred Incorne: 2025 2024 Ikferred Income balance at I st Septemttr Atnount deferred in the year Atnount rele￿Ed to incomr ill the year 48553 68J45 (48J53) 35,562 48,S52 135,562) Deferred twome balwe at year tttd Augu%L 08 45 26 Lymlngton Community Associatio Note$ to the Financial Statements for the Year Ended 31 August 2025 17. Funds It I he0￿l￿g R￿￿￿Tee5 Sepiember 2024 resovces ¢￿Ended BAlanee At 31st Augllst 202S Tranrfers Ullrestrleted Gellerol Ullrestricted general fullds 53.450 777.682 {664,4801 1116,3961 50,256 DesigD4ted E5tablishrnentFwxl Pre-school Futki DEsasterReco￿ryR¢se[* De￿lopr0eD1 FU￿1-Cafe Ref De￿lopMent FwKI- MaitFIEII c1￿]1Ja De￿I0￿Ment Fwxl- Gen¢ Total DeslgDated 1.297,197 12.000 140,(K)O 230.781 66,397 41,521 (40,0￿) 35,850 11.838 4.941 1,363,594 53J21 100,000 266,631 11,838 4,941 181JO 525 Totsl Ullrestrlcled 1733 427 80 1850 781 e51ricted Celebrating70 DeNEloptneni C70 Fund. Toilet De￿I0￿￿ent Total Restricted I80,1￿9 14,1511 175,918 180 069 175 918 Total Funds 1913 496 777 2 (664 480 2 026 699 27 Lymington ComMuTAIty Associatio Notes to the Flnanelal Statsments for the Year Ended 31 August 2025 B8lave * l JllcDmlng Re50llrtes &ErtembeT 2023 resowtes exyett&d Balance gt 315t August 2024 Tr#ll8fer8 Unrestrleted General Unrestricted getKrd f￿b￿S 57,884 877J77 1605,1631 {276,648) 53,450 De$igllated FstablishmentFuNI Pre-SchoDI Fu￿] D￿rI0￿￿Ent F￿d- Malt H￿1 Cinetna Di&q%ter Reco*ryReser De*lopnent Fund-CAféRefirb De￿rIo￿lle￿tFUlld- Lift & A¢cess Rau 1.028533 12,0( 5,619 140,(MJO 268,663. 1297,197 12,000 (5.619) 140.000 230.781 230.781 195,651) 95,651 Total D¢8iW¢d 1281.804 398.174 1,679978 Total Utrcstricted 39 877 77 121 26 1733 427 Restricted CelelxatiDg70 Development C70 F￿￿. roudDe￿o￿o￿# Total Restricted 116,195 185.400 301595 63,874 {185,4001 (1215261 180.069 180,069 Totsl Funth 1383 877J77 {605,163 1,913,497 Th¢ specific pirpo5￿ forwhi¢h th¢ flu￿$ we to be app]ied are follows: Reslrictsd Funds Celebrating 70 Fund Thi5 r¢prt5ents funds received for 5pecifiG fEdevclopmettt purposes ¢onn¥td wth th¢"CelebratiDg 70" refurt>ishment programrn¢. funds aTe r¢strict￿ to C4)itsi WOTks andThy only be applied itt aecordallce with donor-imposed condition& T￿)SFErS of £4,151 duTillg the yvdr rqjresellt expenditUTe illcutrd ott qualifying Tedrv¢l(pment costs. r¢sulting fft a trlrase of rcstrict¢d funds to uur¢striGiad¢slgnat￿ fi￿d$ WJ Jnatch the related capitsl expellditllre. No n¢w r$¥riCt￿ in¢orne rec¢iv¢d dwing theye#r. LymlngtOD ConunDnity Association Notes to the FfinAncial Statements for the Y￿r Ended 31 August 2025 De$lgM4tedFMnds Designated funds repres¢nt ullr¢striCted fi￿(ts thotbaY¢ se¢ &side by the Tn￿e&S for specific future pujposes. These de5igllations do not rep￿seTht legal r￿trictiOnS bur reflect thc TNsTees' intentiotts. Establlshment Furtd R¢pr6s¢nts the net book value of talwble fixed ￿ets used inthe chgJity's op¢rations. Pr￿S¢hOOl Fulld Rwresents accuttlulated surpluvts genernted by the Pre-Sch(Ktrl. These funds arCTeinVest￿ ill Pre-SGhool resour¢¢s in accordance with Ofsted ex￿rtatIons gnd operatiOTMt r￿VIreMetts. Development Fund- C&fé Refurblslllnent Futsds designated forthe redevelopment of tbe Idalt Café and a$S￿l8ted works. Development Flllld- Malt Hall Clnemx Funds dest￿ted for improvanents to cinema knlities. Developulent Fund- General Funds set oside for future development works not y¢t 5pecificalty allocated. Dtswter Recovery Reserve A designated conliiigellGy reserv¢ wuivalent to approximattly three ijperdtitig ¢xpendibJrt, maintsined to prots¢t the clwity agaitL5t sibmifi¢&nt l￿expert¢d di5rL￿tlcbll. Ihuing the year £40,000 wa8 trnnsfured to unrestriLtsI fimd& T￿Sfer8 into deslgllat￿ fvn(L8 during theytar rcflect tNstee thisioD$ to allocate u1￿Cted surplus¢s to supwjrt long.ter capital strdtegy. Unrestricted inco￿¢ thnds are available w be speut on g¢D¢ral exwiditt]re and nonspecifiG Ptoie£ts at the Tnjstees di￿retion. 29 Lymington Conllniinity Association Notes to the FfinaDci41 Ststements for the Year Ended 31 Augost 2025 18. An8Iy8i$ of llet assets betsY¢￿ fuJds UDrestricted fllnds Ge￿r￿ Designated R￿trIcted Totd futtd# at 31st Auguyt 2025 Tatigible fLxed *8sets Ckn¢nt assets cl￿rent liabiliti¢s Total Net assets 1.211,164 i89,36l 1211,164 9?6,567 111,032 2 020,698 161287 111.032 511 55 175.918 1*00 25 175918 Inrestrlctedfund8 Getter De5ignAted Re5trlcted Total funds &t 31st August 2D24 Tangible fixed assets Current as5Et8 Current liabilitie5 Total Net &sset5 1,207,840 472,138 1,207,840 788,705 83.048 1.913.497 J36.498 83.048 180,069 180,069 19. Rd8t¢d party tr*nsactioll$ There wereao r¢lat¢d party trnn4¢tions in the yw. 20. Ultimate Controllkng Party The charity was underthe control of the Board of TTU5tces thr￿ghout theyear. 21. Tru8tee5 8nd offieers. li•biilty insurance The association arranges In￿rd￿Ce cover of£l,O(X).IKM) for tbe tDJStees alld officers against liabilities in relation to the association. 30