**Barmouth Oasis Community Group Ltd. Grwp Cymunedol Abermaw Oasis Cyf** ## **ANNUAL REPORT FOR THE YEAR – 2024-2025** Phase 1 of the refurbishment of Elephant Works has now been completed and the end of the project form was submitted. BOCG are now starting work on Phase 2 with an asbestos report having been carried out. Asbestos was found in one unit on the King Edward Street level and the empty unit on the Park Road level. Arrangements will be made for the asbestos to be removed. We will also be sourcing grants for this phase. We were encouraged to apply for a grant for solar panels. Funds are still being received for the Hub on Mondays and Thursdays. A knitter Natter group who meet on Thursdays is proving to be very popular. Batala, Barmouth Choir and Social Services continue to use the rooms. We also continue to provide recycled furniture, free school uniforms and support for the homeless. The nursery have continued to increase with the Flying Start accreditation and the Free 30 Hours Scheme children have also increased in number as children have hit that age group. Forest School started with funding awarded from Mantell Gwynedd and Oakdale Trust which has proved to be a great hit. The summer holiday club was full most days and really popular. **REGISTERED NUMBER: 05010883 (England and Wales)** ## **BARMOUTH OASIS COMMUNITY GROUP LTD** **REPORT OF THE DIRECTORS AND** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2025** E W Owen & Co Glyndwr Buildings Glyndwr Street Dolgellau Gwynedd LL40 1BB **BARMOUTH OASIS COMMUNITY GROUP LTD** **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025** ||**Page**| |---|---| |**Company Information**|1| |**Report of the Directors**|2| |**Income Statement**|3| |**Balance Sheet**|4| |**Statement of Changes in Equity**|6| |**Notes to the Financial Statements**|7| |**Report of the Accountants**|10| |**Detailed Income and Expenditure Account**|11| **BARMOUTH OASIS COMMUNITY GROUP LTD** **COMPANY INFORMATION for the Year Ended 31 MARCH 2025** **DIRECTORS:** C S M Jones D E Robinson M P Harris H E Lewis P F Cook C Barman D C B Mckeown **REGISTERED OFFICE:** Canolfan Oasis Centre Unit 7 Park Road Barmouth Gwynedd LL42 1PH **REGISTERED NUMBER:** 05010883 (England and Wales) **ACCOUNTANTS:** E W Owen & Co Glyndwr Buildings Glyndwr Street Dolgellau Gwynedd LL40 1BB Page 1 ## **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **REPORT OF THE DIRECTORS for the Year Ended 31 MARCH 2025** The directors present their report with the financial statements of the company for the year ended 31 March 2025. ## **DIRECTORS** The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report. C S M Jones D E Robinson M P Harris H E Lewis P F Cook C Barman Other changes in directors holding office are as follows: D G Hooper - resigned 31 December 2024 D C B Mckeown - appointed 21 January 2025 This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. ## **ON BEHALF OF THE BOARD:** C S M Jones - Director 31 October 2025 Page 2 ## **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **INCOME STATEMENT for the Year Ended 31 MARCH 2025** |Notes
**TURNOVER**
Cost of sales
**GROSS SURPLUS**
Distribution costs
Administrative expenses
Other operating income
**OPERATING SURPLUS**
4
Interest receivable and similar income
Interest payable and similar expenses
**SURPLUS BEFORE TAXATION**
Tax on surplus
5
**SURPLUS FOR THE FINANCIAL YEAR**|2025
£
317,854
(14,764)
303,090
-
(513,655)
(210,565)
245,994
35,429
3,083
38,512
(523)
37,989
-
37,989|2024
£
240,743
(9,487)
231,256
(161)
(439,208)
(208,113)
256,267
48,154
1,981
50,135
(609)
49,526
-
49,526| |---|---|---| The notes form part of these financial statements Page 3 **BARMOUTH OASIS COMMUNITY GROUP LTD (REGISTERED NUMBER: 05010883)** ## **BALANCE SHEET 31 MARCH 2025** |Notes
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one
year
9
**NET ASSETS**
**RESERVES**
Income and expenditure account|2025
£
18,615
154,733
173,348
34,454|£
257,701
138,894
396,595
135,108
261,487
261,487
261,487|2024
£
19,703
317,175
336,878
25,360|£
258,381
311,518| |---|---|---|---|---| |||||569,899
346,401| |||||223,498| |||||223,498| |||||223,498| The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for: - (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The notes form part of these financial statements continued... Page 4 **BARMOUTH OASIS COMMUNITY GROUP LTD (REGISTERED NUMBER: 05010883)** ## **BALANCE SHEET - continued 31 MARCH 2025** The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by: C S M Jones - Director The notes form part of these financial statements Page 5 ## **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **STATEMENT OF CHANGES IN EQUITY for the Year Ended 31 MARCH 2025** |**Balance at 1 April 2023**
**Changes in equity**
Total comprehensive income
**Balance at 31 March 2024**
**Changes in equity**
Total comprehensive income
**Balance at 31 March 2025**|Retained
earnings
£
173,972
49,526
223,498
37,989
261,487|Total
equity
£
173,972
49,526| |---|---|---| |||223,498| |||37,989| |||261,487| The notes form part of these financial statements Page 6 **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025** ## 1. **STATUTORY INFORMATION** Barmouth Oasis Community Group Ltd is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. ## 2. **ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Turnover** Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on cost ## **Taxation** Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. ## **Deferred tax** Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. ## **Pension costs and other post-retirement benefits** The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. ## 3. **EMPLOYEES AND DIRECTORS** The average number of employees during the year was 18 (2024 - NIL). continued... Page 7 **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025** ## 4. **OPERATING SURPLUS** The operating surplus is stated after charging: Depreciation - owned assets |2025|2024| |---|---| |£|£| |1,189|1,548| ## 5. **TAXATION** ## **Analysis of the tax charge** No liability to UK corporation tax arose for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## 6. **TANGIBLE FIXED ASSETS** |**COST**
At 1 April 2024
Additions
At 31 March 2025
**DEPRECIATION**
At 1 April 2024
Charge for year
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024|Freehold
property
£
253,351
-
253,351
-
-
-
253,351
253,351|Equipment
£
13,614
509
14,123
13,348
197
13,545
578
266|Fixtures
and
fittings
£
5,333
-
5,333
1,367
793
2,160
3,173
3,966|Computer
equipment
£
998
-
998
200
199
399
599
798|Totals
£
273,296
509| |---|---|---|---|---|---| ||||||273,805| ||||||14,915
1,189| ||||||16,104| ||||||257,701| ||||||258,381| ## 7. **DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade debtors
Prepayments
8.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accrued expenses|2025
£
17,996
619
18,615
2025
£
33,398
1,056
34,454|2024
£
19,112
591| |---|---|---| |||19,703| |||2024
£
24,352
1,008| |||25,360| continued... Page 8 **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025** |9.
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**
**YEAR**
Other loans - 1-2 years
Private loan
Deferred government grants
Amounts falling due in more than five years:
Repayable by instalments
Private loan|2025
£
19,167
75,734
40,207
135,108
75,734|2024
£
22,500
95,734
228,167| |---|---|---| |||346,401| |||95,734| Page 9 **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF BARMOUTH OASIS COMMUNITY GROUP LTD** As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to nine and you consider that the company is exempt from an audit. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. E W Owen & Co Glyndwr Buildings Glyndwr Street Dolgellau Gwynedd LL40 1BB Date: ............................................. This page does not form part of the statutory financial statements Page 10 ## **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **DETAILED INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 MARCH 2025** |**Turnover**
Fees
Donations
Other Income
**Cost of sales**
Children's general provisions
Hub provisions
**GROSS SURPLUS**
**Other income**
Rents received
Sundry receipts
Government grants
Deposit account interest
**Expenditure**
Donations
Rates & water
Insurance
Light and heat
Repairs to property
Wages
Pensions
Telephone
Post and stationery
Advertising and website
Training
Licences
Repairs and renewals
Waste services
Staff amenities
Hub co-ordination
Accountancy
Professional fees
Legal fees
**Finance costs**
Bank charges
Bank loan interest
Carried forward|2025
£
311,310
4,999
1,545
12,103
2,661
8,580
228,508
8,906
3,083
-
835
2,786
16,200
198,639
251,427
9,793
1,083
1,912
145
406
404
5,322
2,620
600
15,000
1,056
3,769
34
434
523|£
317,854
14,764
303,090
249,077
552,167
512,031
40,136
957
39,179|2024
£
234,090
5,043
1,610
7,160
2,327
9,330
218,533
28,404
1,981
161
904
2,533
9,753
184,533
198,672
4,798
1,170
1,293
140
35
380
17,928
2,031
1,002
8,625
1,008
2,409
13
433
609|£
240,743
9,487| |---|---|---|---|---| |||||231,256
258,248| |||||489,504
437,388| |||||52,116
1,042| |||||51,074| This page does not form part of the statutory financial statements Page 11 ## **BARMOUTH OASIS COMMUNITY GROUP LTD** ## **DETAILED INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 MARCH 2025** |Brought forward
**Depreciation**
Plant and machinery
Fixtures and fittings
Computer equipment
**NET SURPLUS**|2025
£
197
793
200|£
39,179
1,190
37,989|2024
£
356
992
200|£
51,074
1,548| |---|---|---|---|---| |||||49,526| This page does not form part of the statutory financial statements Page 12 ||**INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025**|**INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025**|**INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025**|**INCOME STATEMENT FOR THE YEAR ENDED 31/03/2025**||| |---|---|---|---|---|---|---| ||**Year End 31/3/2025**||**Nursery**||**Community**|| |**Turnover**||||||| |Fees|311,308.35||311,308.35|||| |Donations|4,999.09||199.09||4,800.00|| |Other Income|1,545.00||||1,545.00|| |||317,852.44||311,507.44||6,345.00| |**Cost of sales**||||||| |Children's general provisions|12,103.47||12,103.47|||| |Hub Provisions|2,661.30||||2,661.30|| |||14,764.77||12,103.47||2,661.30| |**GROSS SURPLUS**||303,087.67||299,403.97||3,683.70| |**Other income**||||||| |Rents received|8,580.00||||8,580.00|| |Sundry receipts|40,549.05||||40,549.05|| |Deferred Grant released|187,959.42||||187,959.42|| |Government grants|8,905.99||8,905.99|||| |Deposit account interest|3,082.63|249,077.09||8,905.99|3,082.63|240,171.10| |**Expenditure**||552,164.76||308,309.96||243,854.80| |Donations|-||-|||| |Rates & water|834.81||834.81|||| |Insurance|2,786.24||1,790.63||995.61|| |Light and heat|16,199.54||12,430.26||3,769.28|| |Property improvements|198,638.69||10,679.27||187,959.42|| |Event costs|-|||||| |Directors' remuneration|-|||||| |Wages|251,427.24||251,427.24|||| |Pensions|9,793.43||9,793.43|||| |Telephone|1,082.52||1,082.52|||| |Post and stationery|1,912.06||1,830.96||81.10|| |Advertising and website|145.00||145.00|||| |Training|406.00||406.00|||| |Licences|403.90||234.40||169.50|| |Repairs and renewals|5,321.88||4,346.36||975.52|| |Waste services|2,619.60||2,619.60|||| |Hub Co-ordination|15,000.00||||15,000.00|| |Staff amenities|599.59||599.59|||| |Accountancy|1,056.00||528.00||528.00|| |Professional fees|3,768.50||3,768.50|||| |Legal fees|34.00||34.00|||| |Bank charges|434.05||317.78||116.27|| |Bank loan interest|523.36||523.36|||| |Depn of plant & machinery|1,189.85|514,176.26|1,189.85|304,581.56||209,594.70| |||||||| |**NET SURPLUS**||37,988.50||3,728.40||34,260.10| |Tax|-|||||| |Deferred tax|-|-||-||-| |||37,988.50||3,728.40||34,260.10| |Transfer from Nursery to Community Account||||10,660.00
-||10,660.00| |Last year accy paid||||504.00
-||504.00| |Last year tax paid||||||| |||37,988.50||7,435.60
-||45,424.10| ||**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|||||| |---|---|---|---|---|---|---|---|---|---| ||**Year End**|**31/3/2025**||**Nursery**|||**Community**||| |**Fixed Assets**|||||||||| |Freehold prop|253,351.40||||||253,351.40||| |Improvements to property|||||||||| |Equipment|577.69|||577.69|||||| |Fixtures & fittings|3,173.38|||3,173.38|||||| |Computer equipment|598.80|||598.80|||||| ||||257,701.27|||4,349.87|||253,351.40| |**Current Assets**|||||||||| |Trade debtors|17,995.51|||17,995.51|||||| |Prepayments|619.34|||216.40|||402.94||| |Cash in hand|65.00|||65.00|||||| |Bank account no. 1|25,306.74|||25,306.74|||||| |Bank account no. 2|124,810.76|||9,028.13|||115,782.63||| |Bank account no. 4|4,550.18||||||4,550.18||| ||||173,347.53|||52,611.78|||120,735.75| |**Creditors**|||||||||| |Trade creditors|33,397.70|||33,397.70|||||| |Accrued expenses|1,056.00|||528.00|||528.00||| |Tax|-||||||-||| |||-|34,453.70
||-|33,925.70
||-|528.00
| |**Loans**|||||||||| |Deferred grants|40,207.28||||||40,207.28||| |Barclays Loan|19,166.97|||19,166.97|||||| |Private loan|75,733.86||||||75,733.86||| |||-|135,108.11
||-|19,166.97
||-|115,941.14
| ||||261,486.99|||3,868.98|||257,618.01| |**Reserves**|||||||||| |Brought forward|223,498.49|||11,304.58|||212,193.91||| |Surplus for the year|37,988.50|||7,435.60
-|||45,424.10||| ||||261,486.99|||3,868.98|||257,618.01| ||**INCOME STATEMENT FOR THE YEAR ENDED**|**INCOME STATEMENT FOR THE YEAR ENDED**|**31/03/2025**|||| |---|---|---|---|---|---|---| ||**Community**||**Unrestricted**||**Restricted**|| |**Turnover**||||||| |Fees||||||| |Donations|4,800.00||4,800.00|||| |Other Income|1,545.00||1,545.00|||| |||6,345.00||6,345.00||-| |**Cost of sales**||||||| |Children's general provisions||||||| |Hub Provisions|2,661.30||||2,661.30|| |||2,661.30||-||2,661.30| |**GROSS SURPLUS**||3,683.70||6,345.00||2,661.30
-| |**Other income**||||||| |Rents received|8,580.00||8,580.00|||| |Sundry receipts|40,549.05||789.05||39,760.00|| |Deferred Grant released|187,959.42||||187,959.42|| |Government grants||||||| |Deposit account interest|3,082.63|240,171.10|3,082.63|12,451.68||227,719.42| |**Expenditure**||243,854.80||18,796.68||225,058.12| |Donations||||||| |Rates & water||||||| |Insurance|995.61||995.61|||| |Light and heat|3,769.28||212.91||3,556.37|| |Property improvements|187,959.42||||187,959.42|| |Event costs||||||| |Directors' remuneration||||||| |Wages||||||| |Pensions||||||| |Telephone||||||| |Post and stationery|81.10||81.10|||| |Advertising and website||||||| |Training||||||| |Licences|169.50||169.50|||| |Repairs and renewals|975.52||975.52|||| |Waste services||||||| |Sundry expenses|15,000.00||||15,000.00|| |Staff amenities||||||| |Accountancy|528.00||528.00|||| |Professional fees||||||| |Legal fees||||||| |Bank charges|116.27||116.27|||| |Bank loan interest||||||| |Depn of plant & machinery||209,594.70||3,078.91||206,515.79| |||||||| |**NET SURPLUS**||34,260.10||15,717.77||18,542.33| |Tax||||||| |Deferred tax||-||-||-| |||34,260.10||15,717.77||18,542.33| |Transfer from Nursery to Community Account||10,660.00||10,660.00||| |Last year accy paid||504.00||504.00||| |Last year tax paid||||||| |||45,424.10||26,881.77||18,542.33| ||**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**||||| |---|---|---|---|---|---|---|---|---| ||**Community**|||**Unrestricted**|||**Restricted**|| |**Fixed Assets**||||||||| |Freehold prop|253,351.40|||253,351.40||||| |Improvements to property||||||||| |Equipment||||||||| |Fixtures & fittings||||||||| |Computer equipment||||||||| ||||253,351.40|||253,351.40||-| |**Current Assets**||||||||| |Trade debtors||||||||| |Prepayments|402.94|||402.94||||| |Cash in hand||||||||| |Bank account no. 1||||||||| |Bank account no. 2|115,782.63|||38,082.63|||77,700.00|| |Bank account no. 4|4,550.18|||1,498.78|||3,051.40|| ||||120,735.75|||39,984.35||80,751.40| |**Creditors**||||||||| |Trade creditors||||||||| |Accrued expenses|528.00|||528.00||||| |Tax|-||||||-|| |||-|528.00
||-|528.00
||-| |**Loans**||||||||| |Deferred grants|40,207.28||||||40,207.28|| |Barclays Loan||||||||| |Private loan|75,733.86|||75,733.86||||| |||-|115,941.14
||-|75,733.86
||40,207.28
-| ||||257,618.01|||217,073.89||40,544.12| |**Reserves**||||||||| |Brought forward|212,193.91|||190,192.12|||22,001.79|| |Surplus for the year|45,424.10|||26,881.77|||18,542.33|| ||||257,618.01|||217,073.89||40,544.12| ||**INCOME STATEMENT**|**FOR THE YEAR ENDED 31/03/2025**|**FOR THE YEAR ENDED 31/03/2025**|||| |---|---|---|---|---|---|---| ||**Restricted**||**Building**||**Community Hub**|| |**Turnover**||||||| |Fees||||||| |Donations||||||| |Other Income||||||| |||-||-||-| |**Cost of sales**||||||| |Children's general provisions||||||| |Hub Provisions|2,661.30||||2,661.30|| |||2,661.30||-||2,661.30| |**GROSS SURPLUS**||2,661.30
-||-||2,661.30
-| |**Other income**||||||| |Rents received||||||| |Sundry receipts|39,760.00||||39,760.00|| |Deferred Grant released|187,959.42||187,959.42|||| |Government grants||||||| |Deposit account interest||227,719.42||187,959.42||39,760.00| |**Expenditure**||225,058.12||187,959.42||37,098.70| |Donations||||||| |Rates & water||||||| |Insurance||||||| |Light and heat|3,556.37||||3,556.37|| |Property improvements|187,959.42||187,959.42|||| |Event costs||||||| |Directors' remuneration||||||| |Wages||||||| |Pensions||||||| |Telephone||||||| |Post and stationery||||||| |Advertising and website||||||| |Training||||||| |Licences||||||| |Repairs and renewals||||||| |Waste services||||||| |Hub Co-ordination|15,000.00||||15,000.00|| |Staff amenities||||||| |Accountancy||||||| |Professional fees||||||| |Legal fees||||||| |Bank charges||||||| |Bank loan interest||||||| |Depn of plant & machinery||206,515.79||187,959.42||18,556.37| |||||||| |**NET SURPLUS**||18,542.33||-||18,542.33| |Tax||||||| |Deferred tax||-||-||-| |||18,542.33||-||18,542.33| |Transfer from Nursery to Community Account||||||| |Last year accy paid||||||| |Last year tax paid||||||| |||18,542.33||-||18,542.33| ||**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|**BALANCE SHEET AS AT 31/03/2025**|||| |---|---|---|---|---|---|---| ||**Restricted**||**Building**||**Community**|**Hub**| |**Fixed Assets**||||||| |Freehold prop||||||| |Improvements to property||||||| |Equipment||||||| |Fixtures & fittings||||||| |Computer equipment||||||| |||-||-||-| |**Current Assets**||||||| |Trade debtors||||||| |Prepayments||||||| |Cash in hand||||||| |Bank account no. 1||||||| |Bank account no. 2|77,700.00||39,700.00||38,000.00|| |Bank account no. 4|3,051.40||507.28||2,544.12|| |||80,751.40||40,207.28||40,544.12| |**Creditors**||||||| |Trade creditors||||||| |Accrued expenses||||||| |Tax|-||||-|| |||-||-||-| |**Loans**||||||| |Deferred grants|40,207.28||40,207.28|||| |Barclays Loan||||||| |Private loan||||||| |||40,207.28
-||40,207.28
-||-| |||40,544.12||-||40,544.12| |**Reserves**||||||| |Brought forward|22,001.79||||22,001.79|| |Surplus for the year|18,542.33||-||18,542.33|| |||40,544.12||-||40,544.12|