2025-04-30-accounts - Bromham Community Hub

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REGISTERED CHARITY NUMBER: 1202694

Report of the Trustees and Financial Statements for the Year Ended 30 April 2025

for Bromham Community Hub

Sumer Auditco Limited Statutory Auditors Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA

Bromham Community Hub

Contents of the Financial Statements for the Year Ended 30 April 2025

	Page
Report of the Trustees	1 to 3
Report of the Independent Auditors	4 to 6
Statement of Financial Activities	7
Balance Sheet	8
Cash Flow Statement	9
Notes to the Cash Flow Statement	10
Notes to the Financial Statements	11 to 16

Bromham Community Hub

Report of the Trustees for the Year Ended 30 April 2025

The trustees present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The charity's objects are:

To further or benefit the residents of Bromham in the county of Wiltshire 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 for the residents.

Significant activities

The principal activities during the year were focussed on two outcomes - securing the necessary funding package that would enable us to sign the contract for the construction of a new building to replace the building destroyed by fire in June 2021, and once construction had commenced, to continue fundraising to cover the costs of all the fixtures and fittings that we would need to make the building operational.

Public benefit

As trustees, we are aware of the guidance issued by the Charity Commission regarding public benefit, and we have taken it into account when making any decisions to which the guidance is relevant. The trustees consider that they have acted in the public benefit.

Volunteers

During the year, substantial help was received from volunteers in the community who had the many specific skill sets required - for example to successfully submit large grant applications, project manage the construction, work with the architects.

ACHIEVEMENT AND PERFORMANCE

The funding package of £1.4m required to be able to sign the construction contract was successfully put together by September 2024 and construction started on site on September 23rd. Progress on the construction project has been on track for completion and handover in early July 2025 and has remained within budget. The target is to open the building to the community at the start of September 2025.

The planning application had been submitted in November 2023 and after validation was put out for consultation in January 2024.
The Community Ownership Fund Grant of £300,000 was awarded in December 2023 and had to be spent within 12 months. This fixed the timeline for getting the project started.
A Preliminary Invitation to Tender was issued on 12 April 2024 and an Invitation to Tender was issued to three companies on 26 April 2024.
Tender return was due on 14 June 2024.
Following the receipt of the tenders, a 3-week redesign and cost reduction process - value engineering - was started.
Planning Permission was granted on 2nd July 2024 with pre-commencement conditions
The Value Engineering report was received on 8th July 2024
Bromham Parish Council agreed a grant of £200,000 on 8th July 2024
Preferred contractor identified and contract sum agreed - 9th July 2024
Grant Application formally submitted to the National Lottery on 14 July 2024 (Much of the application detail and supporting documents had already been submitted, but formal submission required a final contract cost) - Lottery Grant application outcome email (phone call before that) received on 4th September 2024
Pre Commencement Conditions confirmed cleared 18 September 2024
Contractors started work on Site on 23rd September 2024
Groundbreaking event on 24 September 2024
National Grid Grant Award 5 November 2024 allowed fitting out of the kitchens to be reinserted into the contract.

Major grants received that make up the construction funding package:	Major grants received that make up the construction funding package:
Community Ownership Fund	£300,000
National Lottery Community Fund	£150,000
Bromham Parish Council	£200,000
National Grid	£20,000
Additional fundraising and grants for fixtures and fittings:
Nationwide BS	£9,615
Devizes Area Board	£4,000

Page 1

Bromham Community Hub

Report of the Trustees for the Year Ended 30 April 2025

FINANCIAL REVIEW

Financial position

At 30 April 2025 the charity held total funds of £1,468,710 of which £1,030,785 are held as fixed assets. All funds are held as restricted funds relating to the construction of the Community Hub.

Principal risks and uncertainties

The uncertainty is the quantity of bookings of the various spaces, in the Community Hub. The customer popularity generated by the café and attendance at fundraising events intended to generate income for the running of the building and the charity expenses are the principal risks and uncertainties. However the risk mitigation strategy which includes marketing and customer relations focusses on these risks with the intention of managing and eliminating them.

Principal funding sources

The principal sources of funding during the first half of the period were successful large grant applications. Local fundraising, for example Buy a Brick, the Bromham Carnival and many smaller events also raised funds towards fixtures and fittings. This local fundraising continues alongside applications for smaller grants to cover specific areas of fixtures and fittings.

Reserves policy

In the first year the policy is agreed to hold the 2.5% construction contract retention capital monies in a 1 year fixed term account to ensure the money is available when required.

The trustees have agreed to set aside £20,000 from donated funds to ensure there is a reserve to be drawn upon should revenue expenditure exceed income in the initial year.

Going concern

The Trustees assess whether the use of going concern in preparing the financial statements is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to open the Community Hub in September 2025 and continue in operational existence for the foreseeable future and there are no material uncertainties about the charity's ability to continue as a going concern. In making this assessment, the Trustees have reviewed the balance sheet, the likely future cash flows of the charity and have considered the funds available at this point in time.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document. The charity is a Charitable Incorporated Organisation (CIO) registered 12th April 2023.

Recruitment and appointment of new trustees

The constitution and Charity Commission rules, stipulate that the initial Trustees must either stand down, or put themselves up for re-election, after an initial 18-month period. The first AGM of the members of the CIO was held on October 16 2024. In accordance with the Constitution "At the first annual general meeting of the members of the CIO all the initial charity trustees shall retire from office.", and "Bromham Parish Council ("the appointing body") may appoint two charity trustees." Sue Wilkinson and Ross Phillips were unanimously re-elected as trustees. Peter Hindle and Kate White having already been nominated as trustees by Bromham Parish Council at their meeting on September 9th 2024.

Induction and training of new trustees

Prospective new Trustees will be requested to read and understand the Charities Commission guidance and requirements of Trustees before agreeing to be nominated for the role.

On appointment the new Trustees will be required to have knowledge of the Constitution document, Scheme of Delegation, Financial Procedures Policy and all other policies operable in relation to Bromham Community Hub. All Trustees will be required to sign a declaration of interest statement and acknowledge all relevant risk assessments in force.

Fundraising standard information

Bromham Community Hub does not engage a professional fundraiser to raise funds for the charity. There has been no requirement for anyone to be bound by a voluntary scheme for regulating fundraising as all fundraising has been done by applications for grants and voluntary payments onto regulated fundraising internet sites eg Local Giving and Just Giving. The charity has monitored publication of advertising for on line donations to fundraising initiatives and receives regular electronic updates on donations given on line. All monies come directly into the charity bank account from the on line platforms. All cheque and direct cash donations are recorded as payments into the bank.

No complaints have been received in relation to fundraising activities or the individuals carrying out fundraising activities for Bromham Community Hub.

There is a policy of no pressurised sales techniques, no door to door sales or other individual contact activities. All fundraising is done openly within the public domain. Pressure on individuals is unacceptable and forbidden.

Page 2

Bromham Community Hub

Report of the Trustees for the Year Ended 30 April 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1202694

Principal address New Road Bromham Chippenham SN15 2JB

Trustees

S Wilkinson Mrs K M White J Hindle R Phillips G Prichard (resigned 19.6.24)

Auditors

Sumer Auditco Limited Statutory Auditors Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 11[th] July 2025 and signed on its behalf by:

............................... ......................................... Trustee – Mrs K M White

Page 3

Report of the Independent Auditors to the Trustees of Bromham Community Hub

Opinion

We have audited the financial statements of Bromham Community Hub (the 'charity') for the year ended 30 April 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charity's affairs as at 30 April 2025 and of its incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 4

Report of the Independent Auditors to the Trustees of Bromham Community Hub

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the charity and the construction of the community hub we identified that the principal risks of non-compliance with laws and regulations related to health and safety and Charity Law, and we considered the extent to which non-compliance might have a material effect on the financial statements of the charity. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and the Charities Statement of Recommended Practice.

We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to revenue recognition, management override, and potential lack of segregation of duties. Audit procedures performed by the audit engagement team included:

discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud;
understanding and review of management's internal controls designed to prevent and detect irregularities, and fraud;
review of the minutes of the Trustees meetings;
designing audit procedures to incorporate unpredictability;
performing analytical procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud;
review of the financial statements disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations discussed above;
enquiring of the Trustees and third-party advisors about actual and potential litigation and claims;
testing transactions entered into outside of the normal course of the charity's business; and
identifying and testing journal entries, in particular any journal entries with fraud characteristics such as journals with round numbers.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and the transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Other matters which we are required to address

The comparatives are unaudited.

Page 5

Report of the Independent Auditors to the Trustees of Bromham Community Hub

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Sumer Auditco Limited Statutory Auditors Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Date: 14 July 2025

Page 6

Bromham Community Hub

Statement of Financial Activities for the Year Ended 30 April 2025

Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3 Other trading activities 4 Investment income 5 Other income 6 Total EXPENDITURE ON Charitable activities 7 Community hub NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted fund £ - - - - - - - - -	Restricted fund £ 750,394 147 10,686 408,155 1,169,382 50,296 1,119,086 349,624 1,468,710	Year Ended 30.4.25 Total funds £ 750,394 147 10,686 408,155 1,169,382 50,296 1,119,086 349,624 1,468,710	Period 12.4.23 to 30.4.24 Total funds £ 9,608 500 280 375,000 385,388 35,764 349,624 - 349,624

The notes form part of these financial statements

Page 7

Bromham Community Hub

Balance Sheet 30 April 2025 Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 15 NET ASSETS FUNDS 17 Restricted funds TOTAL FUNDS	2025 £ 1,030,785 243,125 485,551 728,676 (242,959) 485,717 1,516,502 (47,792) 1,468,710 1,468,710 1,468,710	2024 £ - - 363,678 363,678 (14,054) 349,624 349,624 - 349,624 349,624 349,624

The financial statements were approved by the Board of Trustees and authorised for issue on 11 July 2025 and were signed on its behalf by:

............................................. Trustee – Mrs K M White

The notes form part of these financial statements

Page 8

Bromham Community Hub

Cash Flow Statement for the Year Ended 30 April 2025

Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash (used in)/provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	Year Ended 30.4.25 £ 1,141,972 1,141,972 (1,030,785) 10,686 (1,020,099) 121,873 363,678 485,551	Period 12.4.23 to 30.4.24 £ 363,398 363,398 - 280 280 363,678 - 363,678

The notes form part of these financial statements

Page 9

Bromham Community Hub

Notes to the Cash Flow Statement for the Year Ended 30 April 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Interest received Increase in debtors Increase in creditors Net cash provided by operations	Year Ended 30.4.25 £ 1,119,086 (10,686) (243,125) 276,697 1,141,972	Period 12.4.23 to 30.4.24 £ 349,624 (280) - 14,054 363,398

2. ANALYSIS OF CHANGES IN NET FUNDS

	At 1.5.24	Cash flow	At 30.4.25
	£	£	£
Net cash
Cash at bank	363,678	121,873	485,551
	363,678	121,873	485,551
Total	363,678	121,873	485,551

The notes form part of these financial statements

Page 10

Bromham Community Hub

Notes to the Financial Statements for the Year Ended 30 April 2025

1. GENERAL INFORMATION

The charity is a Charitable Incorporated Organisation. The registered office address and principal activities are given in the trustees report.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound.

There are no significant areas of judgements or key sources of estimation uncertainty.

Going concern

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Current assets

Amounts owing to the charity are shown as debtors less provisions for amounts that may prove uncollectable.

Current liabilities

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Assets under construction are not depreciated until construction is complete.

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Bromham Community Hub

Notes to the Financial Statements - continued for the Year Ended 30 April 2025

2. ACCOUNTING POLICIES - continued

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

3. DONATIONS AND LEGACIES

Year Ended 30.4.25 £ Donations and grants 750,394 4. OTHER TRADING ACTIVITIES Year Ended 30.4.25 £ Fundraising events 147 5. INVESTMENT INCOME Year Ended 30.4.25 £ Deposit account interest 10,686 6. OTHER INCOME Year Ended 30.4.25 £ Transfer from Parish Council 408,155	Period 12.4.23 to 30.4.24 £ 9,608
	Period 12.4.23 to 30.4.24 £ 500 Period 12.4.23 to 30.4.24 £ 280 Period 12.4.23 to 30.4.24 £ 375,000

Bromham Parish Council transferred £408,155 (2024: £375,000) to the charity. This comprised £408,155 insurance monies (2024: £300,000) and Nil (2024: £75,000) fundraising monies.

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Bromham Community Hub

Notes to the Financial Statements - continued for the Year Ended 30 April 2025

7. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
	Direct	Support
	Costs (see	costs (see
	note 8)	note 9)	Totals
	£	£	£
Community hub	29,499	20,797	50,296
DIRECT COSTS OF CHARITABLE ACTIVITIES
			Period
			12.4.23
		Year Ended	to
		30.4.25	30.4.24
		£	£
Insurance		317	96
Sundries		970	274
Architect and other consulting fees		28,212	27,282
		29,499	27,652

8. DIRECT COSTS OF CHARITABLE ACTIVITIES

9. SUPPORT COSTS

SUPPORT COSTS
	Governance
	costs
	£
Community hub	20,797

Support costs, included in the above, are as follows:

Support costs, included in the above, are as follows:
		Period
		12.4.23
	Year Ended	to
	30.4.25	30.4.24
	Community	Total
	hub	activities
	£	£
Auditors' remuneration	7,200	-
Auditors' remuneration for non audit work	1,200	-
Legal fees	11,797	3,744
Accountancy and Independent examination	600	4,368
	20,797	8,112

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the period ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2025 nor for the period ended 30 April 2024.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies - Other trading activities - Investment income - Other income - Total -	Restricted fund £ 9,608 500 280 375,000 385,388	Total funds £ 9,608 500 280 375,000
		385,388

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Bromham Community Hub

Notes to the Financial Statements - continued for the Year Ended 30 April 2025

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
		Unrestricted	Restricted	Total
		fund	fund	funds
		£	£	£
	EXPENDITURE ON
	Charitable activities
	Community hub	-	35,764	35,764
	NET INCOME	-	349,624	349,624
	TOTAL FUNDS CARRIED FORWARD	-	349,624	349,624
12.	TANGIBLE FIXED ASSETS
				Asset
				under
				construction
				£
	COST
	Additions			1,030,785
	NET BOOK VALUE
	At 30 April 2025			1,030,785
	At 30 April 2024				-
	The charity has executed a Legal Charge in favour of the Secretary of State over any Fixed Asset			acquired under
	the Funding Agreement with the Secretary of State.
13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2025	2024
			£	£
	Prepayments and accrued income		243,125		-
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2025	2024
			£	£
	Trade creditors		160,774	9,110
	Accrued expenses		82,185	4,944
			242,959	14,054
15.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			2025	2024
			£	£
	Other creditors		47,792		-

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Bromham Community Hub

Notes to the Financial Statements - continued for the Year Ended 30 April 2025

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted Restricted fund fund £ £ Fixed assets - 1,030,785 Current assets - 728,676 Current liabilities - (242,959) Long term liabilities - (47,792) - 1,468,710 17. MOVEMENT IN FUNDS At 1.5.24 £ Restricted funds Construction of the Community Hub 349,624 TOTAL FUNDS 349,624 Net movement in funds, included in the above are as follows: Incoming resources £ Restricted funds Construction of the Community Hub 1,169,382 TOTAL FUNDS 1,169,382 Comparatives for movement in funds Restricted funds Construction of the Community Hub TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Restricted funds Construction of the Community Hub 385,388 TOTAL FUNDS 385,388	2025 Total funds £ 1,030,785 728,676 (242,959) (47,792) 1,468,710 Net movement in funds £ 1,119,086 1,119,086 Resources expended £ (50,296) (50,296) Net movement in funds £ 349,624 349,624 Resources expended £ (35,764) (35,764)	2024 Total funds £ - 363,678 (14,054) - 349,624 At 30.4.25 £ 1,468,710 1,468,710 Movement in funds £ 1,119,086 1,119,086 At 30.4.24 £ 349,624 349,624 Movement in funds £ 349,624 349,624

Construction of the Community Hub - Funding for the construction and fit out of the new Bromham Community Hub

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Bromham Community Hub

Notes to the Financial Statements - continued for the Year Ended 30 April 2025

18. CAPITAL COMMITMENTS

Contracted but not provided for in the financial statements	2025 £ 406,131	2024 £ -

As of the year-end, the charity has a financial commitment related to the ongoing construction of the new Bromham Community Hub. The total amount committed for the project reflects the outstanding obligations for the completion of the building and associated works.

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2025.

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