L)*TIty rt8kntloll llutnber 11917•1 (EDgW W*les) re*stratkn number CE02421M YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION ANNUAL REpoirrAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Thistees A Raval D Upickn (Atwinted 7 June 2024) (App)inted 7 June 2024) arlty DuThber lE#￿ttd And Wala) 1191701 Cornp*ny ommbtr CE024204 Prlndpl Addrejs Tht Communty Centr¢ Middlesex England UB7 9JL Audltor D E Limited 2 Salisbury Ckne Wokingkn¥ England RCAI 4AJ YIEWSLEY & WEST DRAYfoN COMMUNITY ASSOCIATION CONfENTS em¢n¢ of finan¢i#l adivili¢s Balance sheet 8.15 YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION TRUSTEE'S REPORT ONCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 JANUARY2025 Th¢ tn￿¢¢3 pr¢5ent theirannual aTrJ fin**ial sthtemthts forth£ ye4r e4thd 31 Janw 2025. The fin8ncia] statem¢nts hav¢ bE¢n in with the xcouming ￿11¢1¢$ set out in ncrte l kn the financial swements and Comply with th¢ ch¥ity'5 dee4L the Comp*)ies Act 2(￿16 *wJ "Accounting R¢wJrting by Ch¥rities'. Ststement of RecommeAMkd Practice applicabk (o chwities preparin8 their accounL4 in ateord**e with the Financial Reportirt8 StsNlard applic4bl¢ in the UK Republic ofirelaThl {FRS 102) leffe¢tive l J¥nu8ry 2019)". Obj¢¢¢Iv￿ •lld •¢¢ivltles In the Irust deed i%tw¢en th¢ Associaticffl the l(tal W1￿)ty of Y**sky West Drayton (n(yw the iKJndon Bor￿gh of Hillingdon), dattd the 2nd Awil 1946. as subsequently amamled, the ObJE￿ is Io PTovith a ¢x)mmunity c¢ntre for those working 8rtd rtsiding in the Urban B(Ywh of Yiewsley and West Drn￿Ott. The fina￿la1 ￿￿eMentS have been prepred in aetordanrt with the wunting Folicies sd out in note I to the financial ststements and compty with the ¢harity'S Kovttnin8 documeDL the Comp￿1¢5 Acl 21K￿. FRS 102 'The FinAncbal Rep)rting Stand¥d applicable in the UK 8rKI Republic of JT¢]and- the Chariiles SORP 'Accouniing and Rewting by Charlties: Statemeni of Recommended Practiee applicable to charities We￿1]ng U*ir in accordance with the Financial Repcrting Standard applicable in the UK and Re￿￿1¢ of (FRS 102).. The A#oeiatiOlI'S policy is io consult disc￿5 with w]oy¢¢5 ikning me¢¢iD84 matters likely to affea employtts, int¢re5ts. Infonnation of matters of cO￿¢M to emplops 15 8tv¢n thro￿ infonn*1￿ I￿lIe¢ln$ aTrl reports which seek to achieve a (￿MOn awar¢ne￿ pwt of all employtts of the fimtieial and ttormiic f8dors affect￿￿￿* groy t¢rforniance. Applic*ions for employmerf by disabled always fvlly ¢(widurt be¥ing in mind the witt￿t$ of the applicant concemed. In the event of member5 of staff be¢omin8 dt54)W. every effort is m* to ertsure that their employment within the charity continue5 ond that th¢ w(¥wi*¢ training is a￿anged. li is the ￿l1¢Y of the charity that the career developntht and promotion of disabled peT5Crts sIM￿ld. as far as ￿￿sible, be identi¢al w tt*t of other empl¢)yee5. A¢hl¢vem¢Dts aJNI perf•rA￿le¢ Th¢ results for th¢ y¢4r w¢ s¢¢ out on pages 5 afvj 6. FINaDclal revlew The results forthe yew pages 5 th16. The trustees have &8se&sed the ￿Mi0r rth ¢0 the chw is exp)se(L and are ￿1Sfied th￿ systems arE in pl¥e lo mitigate exposure mapr risks. YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION TRUSTEE'S REPORT (CONTINUEDMINCLUDING DIRE￿oRs, REPORD FOR THE YEAR ENDED 31 JANUAR Y2025 Strnehr& govern*#et *#d mAD*gemoAt The who ¥¢ also the directors the purpw ofc(#npMy l*w, and wlK> served in¢tee t5 remuneratrd or draws exw)ses from the Ass(Kiaiion. Golnz ¢onttrn This year the accounts have Sho￿ a105& due lo the inu¢w eYpen5¢5 in Ikpre¢iation and maintenanc¢ wirs of the building. The Charity still has sufficient working capital. The trustee5 ￿e ofthe opinion that the organisation is ¥#ill 80in8 concem &8 the building is in a gcrf)d siale and (orthe halls and re8ul¥ hirin8 have lE￿Ie&sed F re￿rbIshMtnI h¥$ ¢ornpl¢ted Statement of Trnste¢'s rfspo•$5blllties The trustres, wh) are also th¢ dir¢ctQT5 of YI¢wsky & W¢s¢ DTry*n Cornmwiity Associati(ffi for th¢ Purpose of company law, are responsible for preparin8 the TTUSte¢'s R¢EXJrt *d ￿ financial #atements in ￿¢(*dance with applicable law and United Kin8dom A￿oun1bng Standards (Unikd Kbngkni GaKrnlly AC¢W￿A¢¢4j￿ntjng Pfxtice YIEWSLEY & WEST DRAYfoN COMMUNITY ASSOCIATION TRUSTEE'S REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 JANUAR Y2025 Audhor In xwrdance with th¢ charl￿5 w¢i¢1¢5. a resolutrf¥i iYotrtKsin8 th* D E Hurt¢r Limit￿1 b¢ r¢appoirtryl ayditor of the eharity will be put at theAnnual Genera] Mtttin& Dls¢losllre of l•lOrn￿￿o0 to g•dltor Each of the tnjstees has confirned that11￿e is Inforn￿ of which Ily 8re aware vknith 15 relevant ts the ￿di4 but of which the auditor is hLnawsr¢. Tlw hav¢ fvrthw cl￿firnYd th¥t thry tsken appropriat¢ s1ry15 to identify such relevant infornJWi¢)n Jnd to ¢5tsblish thai th¢ 15 aww¢ of S￿h inf￿1￿. Th¢Tn P Harvey YIEWSLEY & WEST DRAYTON COMMuNrrY ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION We Imve 8￿jited the fin￿claI sthtements of yIe￿Iey & West DrnYt￿ Community AssLxiaiion (the 'charity'> for the year ended 31 Jartu*y 2025 which ¢ompri5e the statem¢nt of financ￿1 a¢tivits4 the sheet arml notes to the financial statements, including significani ￿￿ntIng p)lieies. The fuwcial ryoning framework that ha5 been applied in their preptration is appIl￿ble law aThl Unitrjj Kin8thm A￿1￿Ing Slarthrts. includrng Financi￿ RerKfftin8 Stsndard 102 The Financi¢Jl Rewii*gSiaMlardappli¢t7ble in ihE L'K ￿ Rtpblic ofJrelod(Unitrd Kingdom Gen¢rally ALY¢pled ArKouniin8 Pradi¢¢). In OUT opinion. financial staternents: ¥iv¢ a In￿ and fair view of the state of cthnr￿s affairs as at 31 2025 of its incomin¥ resources and applic￿l0ft of resour￿ for the year then ende¢ have bttn prop¢rly wepared in *cord￿ with United Kin8kn Generaity Ac£wed Acur other ethical respMiibilities in accordance wilh tht5e r&yir¢m¢rtk We beli¢ve that the I￿j1( evidettct we have obtained is suffi¢ieni and appropriate tt> &￿vide a basis for (wr opinion. Cotscluslons relgtlryg ¢0 golng eoDe¢rn In auditing the finlncial statcrntnts. have Concl￿ that the Tru5tris use of tlK going concern bgsis of ￿unttnS in the preparation of th¢ financial statements is 4Jwowiate. Bwd on the w(rfk we have ￿f0￿1￿1 we hav¢ not idethif￿l w matrrI￿ WKZrtairfiE5 fflating to everts or ￿￿lItIOnS th individually or collectively* may si8nifi¢ani doubt on the charity's ability to Lx)rtiti￿ a 80in8 ￿ncern for a wic41 of at le&st tw¢lve months from when the financial Stat￿ents are wthwised for issue. Our responsibillties and the r¢5pJnsibiliti¢s of the tn￿¢¢¢$ with w to going Concern are dacribed in the relevam sections of this report. Otber lfyforn#tlott The other infom)a¢ion comprise5 the inf(*mation in the r¢FK¥t other than the finonciai s￿rne￿ts and our audi¢orfs report there0￿ Th¢ trustees are responsible for the (dher inforniatiWL contained within the annual report. thjr opinion on the financial stawnents does not cover the other infonnation and we do not express Any fornl of &suranee conelusion thereort. Our resp)nsibility is ￿ read the othEr inforrnation and. in doin8 so. consider wh¢th¢r the other infonnalion is materially incon$ist¢ni with the financial statements or our kIK￿ledge oi*atned in the course of the audit. or oth¢rwis¢ appears to be M￿C￿lI]Y misstatrd. If we identify such rnaterial iKon5i5tencie5 or apparem ma*rial misstaiemertts, we are required to deiern)ine whether this gives rise ¢0 a material misstatement in the financial statemeTrts themselves. If. L￿sed on the work w¢ have ￿forni￿ w¢ con¢lud¢ thue is a m￿1&1 missiaiernt ofthis othw Infomi*io￿ we we required to reF￿rt tlwt fo￿. We h&ve nothingth rep)rt in thi5 regard. Mthttérs W￿1(￿ we are reqwlrnl to report by exttp We have nothing to reF￿ in t¢sF¢a of the following rtl*ion to wthith the (Jwities (Accounts and Reports) Regu￿10n$ 21x18 requires ￿ to report to you if. in ourop1ni(￿-. the infomiation given in the financial 5tsIern￿ts ts in￿151¢￿ in any rn*ria] r¢5PWt with th¢ Tn￿e¥S rwt. or wffi¢i¢nt xcouniing records have Ixen kepl or the firtancial statements are in agreement with the reC￿d$. or we hfive not rteeived all the inf0m￿tIOn and eXplan￿lon$ we rw4UifE f(w our wjit. YIEWSLEY & WEST DRAYTOIY COMMUNITY ASSOCIATION INDEPENDENT AUDITOR'S REPORT (coNfiNUED) TO THE TRUSTEES OF YIEWSLEY & WLST DRAYfoiw4 COMMUNITY ASSOCIATION Ruponslbllldes oftrwtees As explained more fvlly in ihe stslemttrt of Tn￿¢¢'S resp￿SIbilItIes. the who Ire also the directo￿ of the eharity for the puryw of company law, are rtsJx)rt%ible for the PfEPSfation of the financia] $tstqnmts WKI for being satisfied that they give a tn￿ and fair view. and for such Intern￿ control &$ the trusttes dettrniirte is ne£ess￿ to enable the prepar#tion of finan¢iai stthments that or¢ free from materia] rnisstatemenL whether due to fraild or error. In prepry the fina￿1￿ stst¢ffl¢nts, the truste¢s aye responsible for assessing the charity's ability lo contiruR as 8 goin8 cryK¢rn. di￿1051n& as applicabl¢. matters iated to going concern and usin8 the 80in8 C(•KYrt basis of ￿lift8 unless the truitees either intend to IiqLhidat¢ the clwitable wMpa￿ or to Cease operations, or have no rtslistic altern*1￿ to do so. A￿dI*•￿'t ro4￿￿81b11lile￿ for the ••dtt of the lkn*n¢W s¢ats•emts We have been appoinied ls auditor utmler section 145 of the Clwities Act 2011 ¥KI re[￿ in xwrdanc¢ with th¢ Act and Our objedive5 are to i)btsin rewnable 85$W￿ •1*)￿ whether the financial ststements as & whok are free from mtiterial misstatement, ￿ether du¢ kn frawl or effor. and io isgx an ￿lIt0¢S reF*M that inclth our opinion. Re￿nablE assur4rKe 1$ a high lev¢1 of assuran￿ iwt 15 not a guaran*e an audit conduaed in 8ceordan¢e with ISAS {UKI will always detect a material misststement when it exists. Misstaiements can arise from haud or error and *e considered material if. individually or in the aggregate. Ihey could re￿n￿b]Y be exy￿ted to influence the eeonthnic decisions of users taken on the b&%is of th¢se The exrert to which tKLr w(Kedures are c*pble of dEte£t1￿ itTe8ularitie4 indudiD8 fraud is detsiled tdow. we have not oFAained all the inf(KM*l(￿ athl expl*￿1(￿ weconsidered nttessw fcrthe pw of our audit; atKI The &￿j110r.S eXpl￿allon of its rA*4it reS￿nSe will depeTh4 on the risks identified but may incllld¢: . Ert4uiry of mdna8em¢ni th¢M chargal with 8overnanc¢ *KI ts ¢rtity's soli¢ilors (lx iTrhouse legal team) arouThl actual potential litigation and claims. . Enquiry of eniity staff in and compliance functio1￿ to idEntify aDy itL*ncts of noTrcrmplian¢¢ with laws atKI r¢gyl*iot¥. . Reviewirt8 minules of m¢¢t]￿S of tlK)s¢ ¢hwg¢d with 8overnw. . Reviewirt8 iTttmal audit reprrts. . Reviewing financial stat¢m¢nt disdosure5 t¢AiD8 to Y4V￿li￿d{l￿ll￿￿*jn to a5s¢ss complianc¢ with applicable lawJ oThJ r¢8ul8tLolls. - Auditing the risk of majagement override of control& Includi￿ through testtng journal entries and other &djustsnerts for appropri&tenes& and eva]uaiingthe business ￿10t￿k of $I￿)IficaN transactiMs outside the nornial cowse of business. A further description of rt%p(Mtsil>ilities i% avaijttbk on the C(xMKil's w¢bsit¢ at.. htty5.'Ilwww.frc.owukl a￿1110￿[￿￿$1b]IiI1¢5. Thi5th5criMion f0rn5 Imrt ofour *Xli￿s rryvt. This report is mth g)l¢ly to the charity'$ trUSte4 8s a b￿ty. in xcord&K¢ with Part 4 of the ch￿l￿e$ (Aceourtts and Reports) Regul*ions 2008. Our audit work has betn undertaken so that we might s￿e to the charity's trusiees those matters we are Tequired to swe to them in ￿ auditor's report and for ￿ other To the fullest extent perniitted by law, we do not accept or assume ￿sPOnsibl[lry to Irtyone than d￿rity and the chvity's trw*es Is a bxly. gudii work. for this report. or for e opinions we have (omed. Mr D*vid John HllDter FCCA (Senlor StststoryAuditor) for #ttd ott behalf of D E Huttter IAmited Chart¢red Certlfied Ststutory Auditor 2 Salisbury Close Wokirtghtm RG414AJ YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACtIvrriES INCLUDING INCOME AIYD EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUAR Y2025 2•25 2024 Donations and l¢gacies 1,269 1.962 Bin80 Membership fees Lettings Oth¢r inwrne 1.715 1.750 321 127.063 164.572 40.843 8,976 52,657 8,976 DOn￿lon$ and fvndAisiDB Bank in*rest rtceivable Tol*l lieome 217.T18 191893 Charity administration expe1￿5 204.757 209,349 Totsl thrhgble *xpMdlthr¢ 204.757 209J49 Net In¢0M￿(elpendl￿r¢) for tbt ye*rl Net movement ID fwwds 13,021 {16,456) Fund bala￿£$ at l Febrnary 2024 227.989 244,445 Futyd •t 31 JAThU•ry 21)ts 241,010 227,989 The 51atem¢nt of finonciai a￿•v111¢S inelth 8118airts and losses rtewised in the year. The of finwKial a¢tiviiies irKludes a118ains losses wised in the year. All income and exrrtnditure derive from continuing activities. The of riD￿claI *¢ivilia 4150 wnpli¢s with the requiffments ft¥ aTh incom¢ and expenditu￿ ￿Count under the Companies Aet 2(KJ6. BALANCE SHEET ASAT31 JAIVUAR Y2025 Tlttgible 24L192 250J47 l6J43 12.461 3,871 io. 13.959 is Q9.9ts) (36.517) IYet¢•rrnt lknblllthi (i.iu) IU558) 24l.oto 227.919 The htt&•tthe ¢knT*y 17 241.010 227.989 241.010 227.989 theyewtth 11 J•Dwry 2025. ~_IP.IFIIIoLS YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY2025 Aeeoumlkng polk Cknrtty l•formAtIo Yi¢wslry and West Draylon Cornmunity A$S￿lati￿ is an unincwrakd charity. No. 0303087. The regstered office is The comm￿lty Centrq Hanncdsw(Yth tkayw Middlew G￿•¢ Britain. UB7 9JL. 1.1 Aeeou*th8 eo]Ivt*th The financial siateme1￿ have been pre￿red in X¢ord￿¢ with the ch¥itys tru# deed. the Companies Act 2￿6 and 'A¢￿Unting and Rqxsrting by Charities.. S￿ement of Recommended Practice applicabk io ¢h8rit?es pttparing their accounts in acco￿ with the Financial ReFrfMtin8 SthAd8rd applicable in UK and Republic of Ireland {FRS 102) (effective l January 2019)". The Charity is a Publi¢ Bethefft Entity as defined by FRS 102. The Charity has taken T4Jvanth8e of the wisions in the SORP ch¥ities 4)plyin8 FRS 102 Update Bulletin I not to pttpare a Ststemento(C&sh Flows. The financial stat￿ents ¥e pryared in stvlin& is the fiM¥*i(￿ of the charity. MrW amounts in ttwe finarKial $￿eMents are vounded io the ne¥est£ The fIn￿¢Tal statements have been ￿epa￿d uth the hi*1￿1 CLW CLNwentioL T1* Pri￿lF￿ *counting PDlicies 12 Golng wi¢ern At the time of approving the fin￿]?1 ststemen¢% the tnL5te¢s have a re•son￿e expectstion tIMt the charity h&$ #dequate f¢50urces to continue in opeiational existence for the fortseeable futyre. Thus the tn￿¢¢5 CQrtinu¢ to adopt th¢ 80in8 IJ Ch*rft8bie fv•ds Unrestricted fund5 ar¢ available for w¢at the disue1￿ ofthe truAee5 in furthern￿e oftheir thtrithbk obFdives. R¢strided funds a￿ subjeia to specifi¢ wTrJlli￿￿ by (knK)rs or ￿OnI￿5 as ts IK)w thry may be used. The Flwposes and Endowrne￿ fwK15ar¢ subFd tOspEcifK CLMdiIi￿ts by dorwjrsthat thet4pit*l must be miinthirted by the c￿lty. 1.4 Incorne 1$ r¢¢o8nised i¥h¢n the ¢h•rity is l¢ylty eniided to it after any FthaTKe ￿mIllIOnS hvlve been meL the arnOUDts ean be r¢iiabty. and it is that ithe4Jme will be rettived. Cash donation5 ¥r¢ reco8ni5ed on receim. (Xkn donati￿ Irt recwised 0￿¢ the charity has been notifled of the dortation. unless perforrnnce conditions require deferral of the amount. Income tax ￿ver4)le in relAtion to donalion5 received under GiftAid or deeds of covenart is recognised * ihe time ofthe th)n6tion. Les￿leS aTe r¢¢o8nis¢d on revipt or othE￿se if the chaTtty h&s been notified of an impending disrribution. the amount is kftown. and recei0 15 expeded. Ifthe amouni is t￿1 kTh)wN the lew is trea￿ as a contingent asseL l.S ExptKd1￿re The Charit￿]¢ income is held in and uDr¢stri*4 Th¢ dwritabk ¢xpMditsire relates to the utirestr1c￿ funded exF¢nses used by the charity to maintain ¢haritie5 ¥nd buildir85 to enabk the cjwity to c&ry out its charitable iviii¢s. thhe¥ expenses ¥tt adminimrntion ¢xp¢n5¢5 in th¢ runnkn8 Of￿ Ch￿lty. these are a150 unrestricted YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTES TO THE FINANcIAL￿ATEMENTs (CONTINUED) FOR THE YEAR ENDED 31 JANUAR Y2025 AeeoNtIDg poMelt* (Co#tknued) I￿ Thnglble fixed *ssots Tangible fixed ￿Sets are irtitialty measwd at c<* meawra * cost (ff valuation. net of deEwiation and any impirn*nt 105se5. DepreCi￿10n is reeognised $0 &% to W71* off the w5¢ or valuot1￿ of assets less their res1th￿l values over iheir ys¢ful lives on the followiD8 base5: Land and buildin85 Plant and ma¢hinuy Compyt¢r5 25Yth reduein8 FAi*n¢¢ 33Y• stiaight litie The galn ￿ 1055 ¥isin8 the disposal of an assd is detennined &$ fv difference bdThTen the sale Pr(￿ and the carrying value of the ass< and is re￿gniSed in the stmemeffl of filw￿l&l a￿l¥lties. 1.7 Imp•lrn¢nt of fixed *ssets Al each re&￿in8 end da*, the charity revie￿ the urrying amounts of its t￿ible 855ets to deterniiT* whether th¢re is indication that those assas have suffered an }m￿1rnI¢TrI7O5s. If any such Indicati(￿ exis￿ the Te¢ow¢rnbk wt)oynf of Ih¢ asset 15 ¢Stirnated in order w ¢Je*rniine the extrfit of the impairnKnt loss (if atty). IA Cash *ttd txsh equlv•l¢mts Cash aThJ cash equivajents incl￿¢ psh in dq*)sits l*ld at call with other short-tem liquid investsnet)ts with original matUTiti¢5 of thr¢¢ Thnths or Iw overdrafts. Bank overdrafts are showh within bc*rowings in cutttnt liabilities. 1.9 Fkn•*¢lal SwstrnmeThts The tharity h&5 electtd to appty the {￿VisIcAl5 of Sedion I I 'Basic Fir•￿1￿ InstnJments' and Section 12 '0ther Finsnci81 1n51nm1￿ts Issues. of FRS 102 toall of its fitwKia] iijsirnments. PTOVi5ioll5 ofthe instrumenL FIn￿la] assets and liabiliiies offx with the Mt pRsthl iti the fin*Kial statanrt wlwn ih¢re is a legally enforceable right to sa off the wised am(Nth)ts *MI there is an intrAioth io sdtle on at)et b&%is or to realise the a￿t and settle the liability simultsneously. Bwl¢flnithelduss¢ts Basic financia] ￿ which include d￿￿1￿5 and ca51t •KI bank Wance5. atE iniliilly mu5ured at trHnsacti¢)n price including transa¢rion cc6ts and are subsequently earried at *nortised Cost usinB the effeetiye interest meth(yA urtless the arrangement ¢onstitirtes a firt8ncing tr*)$￿10￿. where the tr￿￿￿110￿ is measured at the wesertt value of ihe future receiFrts discounted at a m8rket of intertSL Financi￿ &%sets ¢I￿l[led as reeeivable within one year are not Amortised. YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTES TOTHE FINANCIALsfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY2025 Attoundng polltl (Contlnyed) BQSkfve￿lalllQ￿l1JrfC5 B&stc fiftaneiaj liabilitie5. includin8 creditijrs and bank loans are initially rwnised at transaction pri￿ unless the artan8ement WLStitut¢5 a finwing transadi0￿ wher¢ the deb¢ in51vument 15 measured * the pre5¢rt value of th¢ fijture payments dikounted * a market rate of interest Financial liabilitie5 ¢I￿lfied &$ pay3b]e within one year are not Tr￿¢ creditThs are obliwions to pay f(ff go(rfls or s¢rvices that habr been wuired in the ordinary couvse of OF￿atiOnS from sup￿IeYs. Amcmjnts payable are cl&ssified as ¢urreni liabililie5 if pAyment is within one year or k5s. If noL they are pre5enied AS liabiliiie& Trade Credi￿ts are wised initially ￿ transKtion wice and subsequendy Financial liabilities art del￿o￿lIed when thecharityts cOrttr&￿ obl1￿10￿S expire or are discIwg￿ or¢￿¢¢lIe0. 1.10 FAnploytt btm¢llts The ¢ost of any unused holiday entitlemert is rEC08n￿ed ID the ID which thE eryloyet's servicts art rteeived. Temiiiiaiion bEntfits are Teco8nistsJ iTnmediatdy exputse when the thrity is demL*￿rnb]Y comrnilted to termina the ernploym¢nt of an ¢rnp]oy¢¢ w to provide ternliDatKJn benefi 1.11 Rdlremewt ljenellts PJyrn¢nts to d¢fined ￿￿TIbUtiOn rair¢fflwrt b¢￿errt ￿h¢m￿ Jr¢ dwg¢d ¢xpens¢ a5th¢y fall th. Critieal xeollthtlthg esdm*ttt *•d J#dgeM*ts In the 4)plieation of the tharity'5 a¢￿￿lting policies tht InL$t￿ ar¢ r¢quiTed ty make J￿JgeMent& esiim*es and umptions alK¥Ut the caThyin8 omoutrt of assets and lithilitie5 th* tre ntA re*dily ar￿Tht from other swrces. The e5tim#tes and ass￿lat￿ 9ssumFlions are basd FLi5knical experience and Lthr fx1￿5 that Ire wnsidered to be relevani. Actual results rnay differ from these estim*e Th¢ ¢#imates und¢rtying ar¢ ￿L¢W￿d on an on￿114 b&%1$. Revisi￿￿ to 8ceounting estimatrs are reeognised in the puiod in which the e5tim* is revis￿ where the revision affeeL4 only thot peri¢JJ. or in the period of r¢vision aTKI futur¢ th¢ T¢vision offeits both cu￿t￿l and future wiods. DoDatloDS kpdes 2024 .269 1.962 10- YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (coiYfINUED) FOR THE YEAR ENDED 31 JANUARY2025 from •ther ¢rndiry #t¢ivities Unrt¥trl¢ted UDres¢Tl¢t¢d ds 2024 2025 (hh¢r income 8.976 8,976 Charhable attfvltles Ch&ritable xlivi¢i¢s Regu18r Letti Banking Hub rent Social Cl￿ re 1.715 67.112 81293 15.167 69.125 82293 15.167 29.167 8.115 3.561 57,767 70,112 29.167 375 11.150 5262 Other income 3561 1.715 164.5r4 40.843 207.428 181.791 Ineome from Imvtslmemts Umrulrlrted Unrtstrleted ds 2•25 1024 Interest re¢eivable 105 11 YIEWSLEY & WEST DIL4YTON COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 JANUAR Y2025 Ch•rlt•ble ictivities 2•25 2•24 Staff w5ts DeprEciation impainnent 115ffj86 8J55 L¢X12 &332 27,908 23.8WJ 1.926 112.072 12.652 2.661 6.878 24.537 27J46 Light and heat R¢pairs aThl maintenaKe Printin& postage and slatp)￿ry Tdephone 2.562 L 11 Sundry Sub5UiPtions Audit Bank char¥es B8rtk loan int¢T¢51 Comprter runnin8wsts Lega] and professional Advertising and raisin8COSts 878 4222 3.045 3.IMS 610 1,161 2.789 4521 529 475 1.777 204,757 209J49 204,757 209,349 An*ly4T by fund Unr¢strict¢d fund5. genual 204.757 204,757 For the yelr ended 31 J•n•Ary 2024 Unrestricted funds- general 209,349 209349 thovemeDt kn fundi 2•25 2024 The r*t movemert in funds is St￿ed after ¢￿81￿c￿J1￿Tr8): Ftts p&y8ble for the audii of the ctr*aritys rm•￿1￿ str*ments D¢W￿larIon of owned tsn8ible fixed assets 8J55 12,652 Trnsttt8 None of the tr￿￿¢¢$ (or any persoyts COnK￿ with them) receiv￿ w rtmw)eratwM or [￿rits from the ¢h8riry durin8 the year. 12- YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCtATION NOTES TO THE FINAIYCIAL SfATEMEKrs (coNriNUED) FOR THE YEAR ENDED 31 JANUAR Y2025 l• Ernploye The avernge monthly numbEr of employee5 dwiD8 the Y￿ 2025 Nurnber 2024 Numbtr Empknymelll ¢fjsts 2•24 Wa8¢5 and 5alarie5 Swial security costs Other pension eo#s 111293 1230 1163 104,187 1,815 6,070 115.686 112.072 RernoAtr#tloo of N￿geMe•¢ peYg)••el Th¢ r¢mynwation of key m￿agen￿nI peT5rffiKI was as follow5." Taxatl Th¢ ¢hwity is ex¢mM fmm twtion on its xlivilie5 b￿a￿* all its is applieil fvdNritabk puwwws. 12 TADglble fixed *ssets J• Pl••i•rAI C•mp¥trY• T•tsi Ai l Feixwary 2024 219.949 56.451 15.459 291,859 At31 Jw2025 219.919 56.451 15,459 291.859 D¢pv¢clatloTr and I￿￿1r￿¢￿t At l Felw 2024 Depyeciation clmrged in the year 28,W2 11420 1,465 41J12 8J55 At 31 Janltary 2025 35.782 13.885 49.667 C*rryingAmount At 31 January 2025 219.949 20.669 1.574 242,192 At 31 Jathuary 2024 219.949 27558 250.547 13- YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTESTO THE FINANCIAL STATEMEIYTS (COIYTtNUED) FOR THE YEAR ENDED 3] JANUARY2025 13 Debtort 2025 AmoyDts f*lllngd¥¢ whklD yemr. Tr*le deb￿lS Amounts owoj by ass￿1* undertaknngs VAT refvnd (k PtetAyments and accn*d ineomt 8.747 4.740 2.011 845 1175 1,696 16J43 3.871 14 imm$ #nd overdrnfts 2025 2024 Bank loans 14.667 22.667 Payabk within (ffle year 14.667 21667 Induded in trask craitors is the GoveThKni I￿￿ tepxyabiethff 5 years. IS cred1¢￿ falMngd•e on¢ytMr 2025 2024 Bank loans VAT liability Payments rrf¢iv¢d on ¥Ly)uTht TTrd¢ cr¢ditors ¢Jher creditors Accruals and defened inLa)me 14 14.667 1242 95 22.667 3,428 3.025 1912 1360) 3.045 346 3.045 29.986 3A517 16 Retlremetst bemelh sekemes 2(125 21J24 Defirted eontrfhtb)Th (Jw to profjt or kJ5s in TttFtct of ¢kfined ¢c4thibwion 5dYm¢s 2.163 6.070 The ¢h8vity oiw*¢s a ¢ffitriiwrtion pthsion %heme fw all qualifyiTVg ttnployees. The assets of th¢ sch¢m¢ ar¢ hdd separately from ttkise of the charity in an irthwthtly administued fu￿1. 14- YIEWSLEY & WEST DRAYTON COMMUNITY ASSOCIATION NOTES TO THE FINANCIALsfATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 JANUARY2025 17 Umrestrlcted fmmdi sp¢¢ifi¢ CQDdttions by donors and grnnlofs 85 TO how W may be used. These include thyi8nated fimds whieh have set &side out of fvRds by the tn*¢s for spxifK putFWS. At l FebTh#ry l*eomin8 2•24 resourees Resourees At 31 January expeDded 2025 General fvnds 217.778 1204.757> 241.010 Prevk)¥8 yar. At l Febr*ry 2•23 Ruourrts Al 31 1•n￿ary exptDdtd 2024 General hx)ds 244.445 192.893 (209.349) 227,989 I• C0Vli￿19 Rtht During the COVID -19 pandemic we￿ Dnyt￿l S(¢ial Club Limited did nol pay ffntal ¢h4r8es io Yi¢wsl¢y and West Dr￿0￿ Community Ass￿1￿10￿ CIO . The Social ¢l¥b begun to rew the rent and repayments w¢ allocated roerating expense in the PTofit and loss xccmjnt. As * 31 Janwy 2025 amounts (rttstandtTh8 for th¢ ba¢k dated rent totals £11.750. txwing the year the Soci81 Club a]so had a fwther MI￿lOn in and adminislration fe¢s. The balan¢¢ of b(rth aM￿nt to £4.740 aThJ are disclosed in the a¢￿￿ts as amowits due to connected party. The tothl backdated r¢nt and athninistration f¢es ￿￿$tandIN8 at the Ye¥ Entsl 31 January 2025 totalled £16.4W. 19 Trwstvs Duri￿ the prior year Bowd of Tn￿e¢S discussed the ongoing maintenanct of the Crynmunity Centr4 The initial intemioN were to thiploy a n￿Inte1￿￿¢￿Ctsker on a fvll iinK however. il was r¢501v¢d th# th¢ fiJwici41 implications w(wJld have a bearing on the (watw)M of ￿ tharity, as 8 res01￿10n one of thE Ttustres put his eompany forward io carry any reme4ial work Charging g)5t of mat¢ria15 and an I￿1 r*¢ per hour for work th)ne. This w unanimously a&￿ed with the Bowd 0fTn￿te¢s. 15-