THE LACEBY COMMUNITY COLLECTIVE ACCOUNTS FOR THE PERIOD ENDED ST 31 MARCH 2025 The Laceby Communlty Collective Contents Pages: Reference & Administration Details Trustees Report Independent Examiners Report Income & Expenditure Account The Laceby Community Collective Reference and Admlnistrative Detai15 Trustees S Mumby, Chair (appointed 01/10120211 R Barford lappointed 29109/20221 M H81113ppointed 01/10120211 H Hurton (appointed 25108120221 L Lacy lappointed 27103120251 R McWilli3rn5 (appointed oII10120211 D Merton (resigned 26109120241 R Patchett (appointed 25105120221 Registered Offlce 26 South Saint Mary's Gate Grimsbv DN31 ILW Charity Registratlon Number 1196006 Bankers Virgin Monev 12 Bethlehem Street Freshney Place Grimsby ON31 IJZ The Laceby Community Collective Trustees Report The trustees present the annual report together with the financial statements of the charitable incorporated organisation for the period ended 31 March 2025. Objectives and activities Objetts ond aims Our charity's purposes as set out in the objects are.. To further or benefit the residents of L3￿bY and the neighbourhood. without distinction of sex. sexual orientation. race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life foT the residents. In furtherance tsf these objects but not otherwise, the trustees shall have power.. to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and rnènagemeat of such a centre for activities prtsmoted by the charity in furtherance of the above objects. Public benefit The trustees confim) that they have complied with the requirements of section 4 of the Charities Act 2011 to have due reg3rd to the public benefit guidance published by the Charity Commission for England and Wales. Achievements and performan Works Since completing the community 3sset tr3nsfer on 5, April 2023 we have undertaken a large amount of building work. to bring the pavilion back into working order. To date the following works have been completed,. asbestos removal, roof replacement, facias and guttering replacement, windows and door installation, ccrv installation, renderin& kitchen refit, air conditioning inst311ation, toilet refurbishment and flooring. At the tirne of the AGM the pavilion ha5 now been signed off by the council and will now be fully operational. We would like to take the opportunity to thank all of our suppliers who have provided a quality service and our funders who have helped make thi5 work possible. Membershi October 2022 we launched our membership 5cherne which is required as part of our CIO Structure a￿d allows full members access to monthly meeting minutes and attendance at quaTterly meetings. This also build5 into our ethos of seeking community engagement and making The Laceby Community Collective an organisation for all resident5 of Laceby. The Laceby Community Collective Trustees Report To date we have 65 members reÉistered and we would like to take this opportunity to thank those that have signed up. We are continuing to explore further opportunities to better promote our membership scheme and retain those members which have already signed up. Events We have continued to hold a number of events throughout the year. our most succe55ful being the Lacebv Summer Social. This event ha5 now been held for three year5 and despite adverse weather conditions in 2025 was incredibly well attended by people of all aees. Other events during the year have included our Laceby FC signing on night, Halloween, Easter Egg-stravaganza, Lincolnshire Events Dog Show. Over the last few years we h3ve atcumulated a trusty group of volunteers who have made the organisation and running of our events much smoother and as trustees we would like to leave a note of thanks for your continued support. Plan5 for future eriods Aims and ke ob'ectives for future eriods.. A5 the pavilion becomes operational we will continue to engage with the local community to ensure that the activities and events offered are Catered to the communit¢s needs. We will also continue to develop the playing fields to make more sport accessible and provide green Spaces which residents can enjoy. OUT ambition is to now create a canopy with an outdoor seating area within the next 12 months which will complete our initial plans for the pavilion. Finantial revlew During the period ended 31 March 2025. total expenditure of £66,186 was more than covered by incoming resources. The excess of income over expenditure for the year was a surplus of £8,914. Polity on resetves Our policy is to have a minimum of a three month contingency fund to guarantee financial security in the event of any unforeseen expenditure th3t may occur and to safeguard against a decrease of income due to a sudden drop hire. Free feserves lunrestricted funds less designated funds and total fixed assets) are £201 which is Currently below the three month policy. However it should be noted that we are not yet fully operational. Total reserve5 being £22,899 are made up of unrestricted funds of £201 and restricted funds of £22,698. Restricted funds were held for works to complete the pavilion and the Laceby Summer Social. The Laceby Community Collective Trustee5 Report Principol r￿kS und uncertaintie5 We remain in a period of financia1 uncertsinty were the cost of living is increasing. We are therefore mindful that residents rnay not have significant amounts of disposable income which may lead to the facilities to be underutilized. We will therefore try to ensure our hire rates are reasonable and were possible find funding for activities which may reduce costs required for residents to participate. strt4Cture, governancè and management Noture of goveming document The organisation Is 3 Charitable Ineorporated Organisation. which registered as a charity on I. October 2021. The organisation was established with objects and is governed under its constitution. Recrultmentand oppointmentoltrustees Trustees have been approached where it is believed they have the skills that can support the charitable objectives. Trustees call also be appointed or reappointed 3nnually 3t the Annual General Meeting by the members. The annual report wa5 approved by the trustees of the charity on 25, September 2025 and signed on its behalf by.. urnby Chairmèn Independent Examiner's Report to the Trustees of The Laceby Community Collective CIO I report to the charity trustees on my examination of the 3ccounts of the charity for the year ended 31 March 2025 which are set out on page 8. Responsibilities and basis of report As the charit(s trustee5 you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the ch8riWs accounts carried out under section 145 of the Act and in carrying out my ex3mination I have followed all the applicable Directions given by the Charity Cornmission under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no rnaterial m3tter5 have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act: or the accounts do not accord with those records. I have no concerns and have eome across no other matter5 in conneetion with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. Signed= Carrie Jensen ACA Forrester Boyd Grimsby DN31 ILW The la￿b¥ Community Collective CIO Income & Expenditure Period Ended 31103125 Year Ended 3110312025 Total Year Ended 3110312024 Unrestricted Restricted Income Donaiions and legacies Grants Chariiable actlvities Olher a¢tlvities Invtrsiment intome 6,9 59.792 6,512 98,627 59,792 6,272 2,046 8,318 2,509 Totsl Income 11.26Z 63.838 75.1Tr1 107.648 Ex enditure 1,3¥6 3,846 L386 4,886 66 50,289 6,763 1796 532 9,214 Evenis Premlses costs E4Uipment costs Other support costs 4,234 139 2.796 46,054 6,624 61421 27,614 1.534 T•ial Expendlute 12,468 53,718 66,186 IOL315 Bank and tash broughtf0ry44r 13.98S 7.652 Suyplusl (Defidtl 8.914 6333 Bank and cash carrled forward 13,985 lJnre5trfcted FuThds Xe5trtted Funds 201 22.698 22.899 1.4(I5 12,579 )prOVedbyt￿ Membets on 251091202S. SimDn l¥tyJmty Chairman T￿asu￿r