Charlty number: 1203986
ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
UNAUDITED
TRUSTEES'REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

ST NEOTS AND DISTRICTVOLUNTARY WELFARE ASSOCIATION
CONTENT8
Page
R•f•r•nG• and Adrnlnlslratlv• Dotalls of tho Charlly, Its Trustea8 and Advlsoro
Tru8t4•8' Report
Indopfrndont Exarnlner's R•port
Statement of Flnanclal Activttiq•
Balanco Sheot
Not•8 to tha Flnanclal Ststament8
9-18

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 31 MARCH 2025
Trustees
P C Barton (appointed 14 July 2023, died 14 August 20251
D C Charlton {appoinled 14 July 2023)
A J Homsby, Chair until 17 July 2024
(appointed 14 July 2023, resign8d 17 July 2024)
J N MGCarthy (appointed 14 July 20231
G Round, Treasurer lappolnled 14 July 20231
J Round, Chalr from 28 October 2024 (appolnle(122 Aprll 2024)
D E Smith (appolnled 14 July 2023, die(15 Novomber 2025)
Charfty r•glit•r•d
numb•r
1203986
Prfnclpal offl
Communlty Centr8
Church Walk
Sl Neo18
Camb8
PE19 1JH
A¢￿Untants
Streets Chartered Accountants
Potton House
Wyb081on Lakes
Great North Rowj
boslon
Bedford
MK44 3BZ
Bank•
HSBC pl¢
12 Allhallo
Bedford
MK40 1U
Page1

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
The Trustees present their annual report together with the financial statem8nls of the Charty for the period 1
July 202410 31 March 2025.
The charity St Neots and Distrlct Voluntary Welfare Association was registered as a Charitable Incorporate
Organisation {CIOI on 14 July 2023. The CIO remained dorm8nl untsl 1 July 2024 when the charity took over the
assets and activiti&s of the unlncorporaled charity of the same name, Sl Neots & Distrtct Voluntary Welfare
Associallon. reg181ared chartty number 253740.
ObJoctlvo8 and a¢tlvltl•s
•. PolScl•8 and obJ•ctlv•
The charity'8 oblectlve L8..
To further fcff the benefit the re81denls of Sl. Neot6 In the county of Cambridg8shire, ￿thout dislinctlon of sex,
sfrxual orientation, race, or polrtical. rellgious, or other opinlons, by associating together the said residents and
the local aulhoritSes, volunt8ry and other org8ni$alions In a common effort lo advance education and lo provide
faGilllie¥, In the inlere8t8 of soclal welfare, for recreation and lel8ure-lime occupation, with the oblective of
Improvlng the condition8 of Ilfe for the residents.
In furtherance of these objects, bul not otherwlse, the Iruslees shall have power lo establlsh or secure the
establishment of a communty centre, and to malntaln or manage, or co-operate wllh any statutory authority In
the maintenance and management of such a centre, for acllvilies promoted by the charlty In furtherance of the
above obh8cI8.
In selllng objecllves and plannlng for 8clivitlè8, the Trustees have glven due conslderatlon to general guidance
publlshed by the Charity Commls8lon relatlng to publlc b8neflt. includlng the guldance 'Publlc benefrt.. running
charlty {PB2)'.
b. A￿[vItI•$ undortak•n to achlevo objectlv
The new charity. constituted 88 a Charltable IncorpcKaled Organlsallon {CIO) continue3 lo operate a Day Centre
and provlde a Lunch Club for older adults from Sl Neots and the surroundlng district.
c. Maln a￿1vItIes undertaken to further th• Charlty's purpos•8 for the publlc benefit
The charity has a Servlce Level Agreemanl wlth Cambridgeshire County Councll whlch enables them to provide
the Day Centre lo those who have limited financial resources and would not be able to acrxs these facilities
wrthoul the support of Soclal Services. The Day Centre and Luncheon Club are also open for the benefit of other
re8idents in the local a￿8 who make contrfbulion8 to the charfty to cover the cost of thè service5 provided.
A8 noted below, Ihe charity benefrts from the time and skllls g￿en by members of The Rotary Club of St Neols
and thelr friends. This voluntary time enables the charlty to malntain the p￿miseS and provide a gre8ter range of
facililles than would be possible if the servlce was mn on a commercial basis.
The ￿miseS are a150 available for use by community groups and not-for-wofit organisations when they are not
required for th8 charity'8 own 8clivltle$.
Page 2

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
Achlevements and performance
. Maln achlovoments of tho Charlty
The Day Centre l¥ provided three days per week on behalf of Cambridgeshlre Social Servlces and a sepaTate
Luncheon Club is run for private clients. It is the only Day Centre facility in th8 local area. Social Services book
places for the elderly 8nd people with dementia and dient's receive a fresh cooked meal, 8LlPPOrt and
entertainment.
The Centre Man8g8r works lo over9ee the day lo day management of client facilities arsd promote the c&nlr8 10
other potential b8neficiarle$. The Qenlre has experlen¢e(1 8 gtrong demand for 8ervice8 In recent years and
contlnues to try to manage costs lo an acceptable level to make the Centre as acces8ible as possibl8.
The Rotsry Club of St Neols conllnues lo provide support In malnlalnlng and Improvlng the charlty's pr&mi8e8
and Gertaln indivlduals have also glven tlme to varlous leadershlp roles wllhln the board of trLl8te88 and
management committee.
b. R•vl•w of actlvltlwj
Covkj resulted In perfods of closure of St Neols Day Centre {nJn by Sl Neots and Dl8trlct Voluntary Welfare
Associallon charilyl during 2020-21 and that, along with Some issues wSlh the day to day running of the Centr?
and lh& fact that the grant we had received for many years from Cambridgeshire County Council ended in March
2024, caused a few problems. Fortunaloly, we won our bid for a CCC ¢onlracl, to repla¢e the grant, bul11 has
brought in considorably18s8 income.
With the change lo a CIO and 8 resignation from the committee, roles for each Iruslee were determined, whlch
has worked well. The new Day Centre Manager and the Care team are excellent and the Day Centre is running
extremely well. We have been able lo increase the number of cllenls who pay privately to attend. Th18 ha8
compensated for the reductlon in funding from CCC.
Client8 are always full of praise and Several hav8 expressed a desire to IrKrease the days they attend. They
enjoy the aclivllies and the freshly cooked lunch prepared by the, also excellent, kitchen staff. Word gels around
and we have been able lo readily replace dienls who, due to age and infirmity, unfortunately die or move on lo
resldenllal care.
Where al one stage, we had some concem5 about the Day Centre'5 Continued existence, we are now confident
of ils 5UStainability.
Flnanclal rnvlew
. Golng conc•rn
After making appropriate enquiries, the Trustees have a reasonable expeGtalion that the Charily has adequate
resource5 to continue in operational existence for the foreseeable future. For this reason, they continue lo adopt
the going concern basis in preparing the financial slatements. Further details regarding the adoption of the going
concgrn basis can be found in the accounting policies.
Pa3e 3

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
b. Rosor¥o5 pollcy
The Iruslees maintain a designated reserve representing the value of tangible fixed assets, recognising that the
property and equipment have a v81ue lo the charity as a whole but cannot be sold lo generate funds wilhoul
affecting the services offered.
The trustees seek lo malnlaln a general. cash reserve betsveen £50.000 and £100.IXIO, which is equivalent to 6
10 12 months operating expenditure. The cash reserve Is needed lo provide day lo day working capital and lo
6nable the charlty to continue lo operate if there are delay$ LY dlsrluption to the contract with Cambridgeshlre
Cwnty Gouncil Any reserves In ex¢es$ of 12 months should only be held for a specrfic project.
At the reportifig dale, the Gharity had general &?sh reserves of £87.284 and a fixed asset reserve of £293,165
{tolal £380,429). The reserves held are, therefore. in Ilne wllh the reserves pdlGy.
Structurn, 9OV0rnan¢o and managemènt
a. Constltutlon
St N8ols and Dislrlct Voluntary Welfare Association 18 a reglslered charity, number 1203988, and 1$ consliluted
as a Charitable Incorporated Org8nlsalion Foundation.
b. Mothod8 of appolntment or electlon of Tru8tO
The manag8menl of the Charlty Is the responslbiltty of the Trustee8 who are elected and c(￿pIed under thè
terms of the conslllulon.
8tatomont of Tru•toM' r••pon•lbllltl
The Truslees are respon$lble for preparlng the Trustees, Report and the financlal statements In accordance with
applicable law and Vniled Kingdom Accounting Stsndard5 (United Kingdom Generally Accepted Accounting
Praclicel.
The law applicable to charities in England & Wales require5 the Trustees to prepare financial 81at8m6nts for
each financial period which gNe a true and fair view of the stale of affairs of the Charity and of ils incoming
resources and 8pplicalion of resources, including its incorne and expenditure. for that period. In preparing these
financial statements. the Trustees are required lo-
select sullable a¢¢ountlng poll¢ies and Ihen apply them consistentSy,'
observe the methods and principles of the Charilles SORP {FRS 102),.
makejudgmenls and accounting estimates that are reasonable and prudent-
stale whether applicable UK Accounting Slandar(Is IFRS 1021 have been followed, subject to any matertal
departures disdosed and explained in the financial statements.,
prepare the financial statements on the going Goncern basis unless it is inappropriate lo presume that the
Charity will continue in business.
Page 4

ST NEOT8 AND DISTRICT VOLUNTARY WELFARE ASSOCIATKIN
TRU8TEES' REPORT {CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
stat•m•nt of Trustw•' r•sponslbIlltl￿ (CONTINUED)
The Tru8tats ar8 rosponsible for keeping adaquat• a¢xounting records that ara 8uffid8nt 10 6how and explaln
th8 Charty8 tr8nBaGtlon¥ and dlsck>se wlth r8a80nablè accuraoy gt any tlmo the fln8nclal posluon of the Chartty
énablè them to ensure that the flnandal Blalements compty the Charfllgs Act 2011, th8 Charfty
(Ac¢ounl8 and Roportg) RegulaUon8 2008 and the provlslon8 of the Charltable Incorporatsd Organisation
Foundalon.. They are also r88pon$lblg for 6afeguardlng Ihe 988ets of th8 Chadty and hence for taklng
roa80nable 5t•P8 for th¢ prnvonuon and detectton of fraud and other krwJul8rf1108,
Approved by order of the mémbern ollho board ofTru8t••8 and $6gn•d on thelr boh8W by.
J Round
Chalr
Dato: 20 January 2028
Treasurer
Paga 5

ST NEOTS AND DISTRICT VOLUNTARYWELFARE ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
Independent Examlne¢s Rèport lo th• Trustoes of St Neot8 and Dlstrlct Voluntary W•lfar•
A•soclatlon I'the Charlty'l
I report to the charity Trustees on my examlnation of the accounts of the Charity for the period ended 31 March
2025,
Re8pon8lbllltl•s and Bo81• of R•port
As the Trustees of the Charity you are ￿sponSIble for the pr8paratlon of the accounts In accordance wllh the
requirements of the Charllle$ kl 2011 (Ihe 2011 Act'l.
I report In respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I h8ve followed the applicable Directions given by the Charity Commis81on under
s6clion 145(5)Ibl of the 2011 Act.
Independent Examln•rf8 Stat•m•nt
Slnce the Charity's gr088 income exceeded £250,000 your examinèr mu81 be a member of a body Ilsted in
section 145 of the 2011 Act. I confirm that l am qualrfied lo undertake the examination because l am a member
of the Institute of Chartered Accountants in England and Wales IICAEW), which is one of the listed bodies.
Your allèntlon is drawn lo the fact that the Charlty ha8 prepared the account5 In accordance wllh Accounting and
Reporting by Charilie5'. Statement of Recommended Pracllce appllcable lo charities preparing their accounts In
accordance wSlh the Financlal Reporting Standard applScable in the UK and Republlc of Ireland (FRS 1021 In
preference to the Accounllng and Reporting by Charftles.. Slalemenl of Recommended Practice issued on 1 Aprll
2005 whth is referred lo In the extant regulatlons but has been wlthdrawn.
l understand that Ihls has been done in order for the accounts lo provide a true and falr view in accordance with
the Generally A¢¢epled Accounting Practice 8ffectNe for reportlng perlods beginning on or after 1 January 2015.
I have completed my examinallon. l confirm that no rnatlers have come to my attenllon In connection wlth the
examination glving m8 ca¢Jse to belleve that in any material respect..
accounting re¢ord8 were not kept In respect of the Charlty as requlred by section 130 of the 2011 Act. c
the accounts do not accord wlth those records,. or
the accounts do not comply with the 8ppli¢able requirement¥ concemlng th8 form and content of
accounts Sel out in the Charitles (Accounts and Reports) Regulations 2008 other than any requlremenl
that the accounts give a 'true and fai￿ vlew whith l¥ nol a maller Gonsidered a8 part of an indepenoent
examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn In this report in order lo enable a proper understanding of the a￿ouNt3 lo be reached.
This report is made solely to the Charlvs Tnjslees, as a body, in accordance with Part 4 of the Gharflies
(Accounts and Reports) Regulations 2008. My work has been undertaken 80 that I might stale lo the Charity's
Trustees those mallers l am required to slate lo them in an Independent Examinerfs R&port and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than thè
Charity and the Charlty's Truste8s a5 a body, for my work or for thls report.
Signed..
Dated: 28 January 2026
Linda J L￿d
BSC, BFP, FCA, TEP
Streets Chartered Accountsnts
Potton House, Wyboston Lakes, Great North Road. Wyboston. Bodford. MK44 3BZ
Page 6

ST NEOTS AND DISTRICT VOLUNTARYWELFARE ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 MARCH 2025
Unrestrlcted
funds
2025
Re¥trfctgd
funds
2025
Total
funds
2025
Incomo fr(Kn:
Donation3 and legacies
Charitable aclivrties
Investments
387,970
34,190
387,970
72,011
1,008
37,821
Total Income
423,168
37,821
460,989
Exp•ndltur• on:
Ch8rll8ble 8clivili88
40,274
40,286
80,560
Totsl exp•ndlture
40,274
40,286
80,560
N•t 1ncomel(•x￿ndfturn)
Transfers btheen funds
382,894
(2,465)
12,465
380,429
14
Not movement In fun
380,429
380,429
Roconclllatlon of fund•:
Nel movement In fvnd6
380,429
3BO,429
Total funds carrfed forward
380,429
380,429
The Slatemenl of Flnanclal A¢tlvltles includes all gains and losses recogni8ed in the period.
The notes on pages 9 to 18 form part of these flnan¢ial $18t8ments.
Page 7

ST NEOT8 AND DISTrICT VOLUNTARYWELFARE ASSOCIATION
BAIANCE SHEET
AS AT 31 MARCH 2025
Flx•d a80•1•
Tanglbio a88ats
Curr•nt ai••ts
11
3,167
Debtors
Cash al bank and In haThJ
12
87,503
95,396
Curr•nt Ilabllltle•
Cr8dKorn: amount8 falllng due wllhln ono ￿ar
13
(8,134)
N•t CUTr•nt a8Mts
Total n•t
380,429
Charfty lund•
ReBtrlclgd funds
Unre8trkled fund•
14
14
380.429
Total fund*
38OA29
The flnanclal 8tstemonts w0r• approvod and autr￿￿80d for188u• by tho Tru&ts88 and ¥lgned on thdr b•haW by.
J Round
Cha
Dale: 20 January 2026
TreasuTgr
2a2L
The notes on page$ 9 to 18 fomi part of th•se ftnandal $tslam•nt8.
P8ge 8

ST NEOTS AND DISTRICT VOLUNTARYWELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
General Inforniatlon
Sl Neols and Distrlct Voluntary Welfare Associallon Is a registered charity which operate8 from Sl Neots
Voluntary Welfare, Church W81k, Sl Neots, Cambridgeshlre, PE19 1JH.
Accountlng pollcl
1.1 8a818 of preparntlon of flnanclal $tat¢m¢nt•
The financi81 statements have been p￿PaTed in accordance with th8 Charili88 SORP IFRS 1021
Accounting and Reporting by Charflies.. Statement of Recommended Practice applicable lo charille$
preparing their accounts in accordance with the Financial Reporting Standard applicabl8 In the UK
and Republic of Ireland IFRS 102) leffeclive 1 January 2019). th8 Financial R&porting Standard
appllcable in the UK and Republic of Ireland IFRS 10218nd the Charitle8 Act 2011.
The flnandal statements have been prepared to give a and falr. vlew and have departed from
the Charities {Accounls and Reports} Regulallons 2008 only lo the extent required to provide a Irue
and fal¢ vlew. This departure has Involved following the Charilles SORP {FRS 1021 published in
October 2019 rather than the Accounllng and Reporting by Charllies.. Stal6menl of Recommended
Pracllce effectivo from 1 April 2005 whlch has slnce been wlthdrawn.
St Neols and Dlslrlcl Voluntary Welfare Assodatlon meets the definilkfyn of a publlc benefrt entity
under FRS 102. Assets and liabllSlles are Initlally re￿gnISed at h181oric81 cost or transactlon value
unless olherwlse slated in the relevant accounting policy.
2.2 Income
All Income Is recogn188d once the Charity has enli118m8nt lo the Income. It Is probable that the
income wlll be recelved and the amount of Sncome receivable can be measured reliably.
Grants are Snduded in th& Statement of Flnancial Act￿lI1e5 on a recelvable basis. The balance of
Income recebved for $pe¢ific purposes bul not expended during the perlod Is shown In the relevant
funds on the Balance Sheet. Where Income Is received in advance of entklement of rac&ipl, Its
recognltion Is deferred and included in credltors as deferred Income. whe￿ enllllement owur¥
before income is received, the income is accrued.
2.3 Exp8ndltura
Expendllure is recognlsed once there is a legal or conslruclive obligation to transfer economic ben81t
to a third party. il 58 probable that a transfer of economic benefits will be required in setllemenl and
the amount of the obllgatbn can be measured reliably.
All expenditure 1$ aGcounled for on an accruals ba818. Exp8nges, Indudlng support costs 8n(i
governance Costs, are allocated to applicable expendbture headlngs.
Expenditure on charitable aclivllles is Ir￿urred on direcuy undertaking the activities which further the
Charity's objectives, a5 well as any assoclated 8UPPOrt C0818.
All expenditure is inclusive of irfecoverable VAT.
Page 9

ST NEOTS AND DISTRICTVOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Accountlng polleles {contlnued)
2.4 Intore8t r•¢elvabl•
Inte￿st on fund5 hold on deposll Is Included when recelvable and the amount can be measured
rellably by the Charity,. this is nomially upon notif￿liOn of the interest paid or payable by the
institution with whorn the funds are deposlted.
2.5 Tanglble flxed assets and depr￿latIon
Tangible fixed assets Cosllng £NIL or more a￿ ¢apilalised and recognised when future economlc
benefits 8re probable and the ¢osl or value of the asset can be mea¥ured rellably.
Tangible fixed assets are Inlllally recognised al cost. After recognitlon, under the co81 model, tangible
fixed assets are measured al G05t less accumulated depreclatlon and any accumulated Impairment
losses. All costs incurred lo brlng a tanglble nxed a55et into ils Intended working condition Should be
Included In the measurement of cost.
Depraclallon Is charged 80 as to allocate the cost of langlble flxed a88ets 1888 thelr resldual value
over Ihelr eslimaled useful Ilves.
Depreclalion Is provlded on the following b8sI8'.
Freehold property
Wheelchairs
Ftsrnilure, fixtuffjs and fitting5
Equipment
Computer equlpmenl
No depreciallon
20Vo Reducing balance
Reducing balanc8
Reducing balance
33% Str#ighl line
2.6 D•btorn
Trade and other debtorg are ffjcognised al the selllement amount afièr any trade dl8counl offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
2.7 C•8h at bank and in hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturlty
of three rnonlhs or less from the date of acquisition or opening of the deposll or similar account.
2.8 Liabilitiej and provl•lon•
Liabilities are recognised when there 15 an obligation al the Balance Sheet date as a result of a past
event, it is probable that a transfer of ewnomic benefit will be required in 5etllemgnL and the amount
of the settlement can be estimated reliably.
Liabilities ¥re recogni5ed at the amount that the Charity antscipales it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services il must provide.
2.9 Financial in•trufflents
The Charty only has financial assets and financial liabilities of a kind that qualrfy as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exCept￿n of bank loans which are subsequently
measU￿d al amortised cost using the effective interest method.
Page10

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Accountlng poIIGle¥ (oontinued)
2.10 P•n$lons
The Charfty operates a deflned contrlbutlon penslon scheme and the pension ch8rge ￿P￿SentS the
amounls payable by the Charlty lo the fund in respect of the period.
2.11 Fund accountlng
General funds are unrestricted funds which are available for use at the dis¢rellon of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
wrposes.
Restricted funds are funds whlch are lo be used In aC￿rdance with 8peclflc restrlctlons imposed by
donors or whlch have been ralsed by th& Charlty for parti¢ular purposes. The costs of raising and
admlnislerlng such funds are Gharged agalnst the specrfic fund. The alm and u8e of each re8tricled
fund Is sel out in the notes to the financial 8tatemenls.
Incom• Irom donatlons and1ogaclo•
Unrestrlctod
fund8
2025
Totsl
fund8
2025
Donatlon•
Transfer from prederkssor Charlty
Olher donations
387,768
387.766
387,970
387,970
Incomo from charltable activiti
Unrestrfct•d
fund8
2025
R08trlctod
funds
2025
Total
lund8
2025
Cornmunity Centre
Day Centre
Lettings other income
37,821
37.821
32.085
2,105
32,085
2,105
34.190
37,821
72.011
P4e11

ST NEOTS AND DISTRICTVOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR ThE PERIOD ENDED 31 MARCH 2025
Invo8tmont Incomo
UnreBtrlcted
fund8
2025
Totsl
fund8
2025
Interest receNed
1,008
An•ly•l• of •xp•ndilur• on ¢haritabl• activltl•s
Summary by fund typ?
Unrmtrlcted Rutrlcted
fvnd$
funds
2025
2025
2025
Communty Centre
40.274
40,286
80,560
Analys1• of expondltur• by actlvlti
Aetlvltl
undertaken
dlrectly
2025
Total
fund•
2025
Communlty Centre
80,560
80,560
Page 12

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Analysls of expendlture by activiti•0 (continued)
Analy818 of dlrect costs
Communtty
Centre
2025
TOL
funds
2025
Staff Costs
Depr@￿allOn
F¢)od and ￿nsUmable¥
ClSent aclivilie5 and entertainment
Repairs and r8newals
Rent, rate8 and waler
Light, heal and Fower
Cleanlng co8t8
OffSce costs Iposlage, stalDn8ry. telephon8 and subs￿￿￿10n$I
Legal and profe85ional f08S
Sundry expenses
Advertising
Other Staff costs
Bank chaTgas
Insurance
Accountsncy fees
ProfiV(loss) on disposal of assets
61.054
1,828
5,657
1,255
1,161
555
3,064
61,054
1,828
5,657
1,255
1,161
3.064
717
670
175
42
405
181
424
2,810
82
717
670
17S
405
161
2,810
80,560
Independent examln•rf8 r•mun•ratlon
2025
Fees payable to the Charity's independent examinerfor the Independent examination of
th8 Charity's annual a¢¢ounts
Fees payable to the Charlty's Independent examiner in respect of:
Payroll admlnlstralion
2A50
Pagg 13

ST NEOTS AND DISTRICTVOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
2025
Wages and galarfes
ial security costs
Contribution to defined ￿ntri￿￿On pension xh6mes
59.205
1,244
61,054
Included in wag8s and 8alarSes Is a 8ettlem8nt payment of £3,641 made to termlnale the contract for one
mernber of staff.
The average number of persons employed by the Charlty during the perlod was as f(4low8.'
2025
No.
Centre staff
10
No employee receive(i remuneration amounting to more than £60.000 in elther year.
The charivs key management personnel are the trustees and members of the m8nagemenl committee
who give thelr lime to the charity on a voluntary basls.
10. Tru8tM8' rnmun•ration and •xp•n•
Durlng the period, no TN$tee$ received any remuneration or other b8n8fits.
Durlng the period ended 31 March 2025, no Trustee expenses have been Incurred.
Page 14

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
11. Tanglblo flxed assets
Fumlture,
WhMI
fixtures
Comput01
chalrn and Ilttlngs Equlpment equSpm•nl
Fmhold
property
Cost or valuation
Additions
Dlsposals
282,603
3,730
8,283
295,OTI
182
At 31 March 2025
282.603
18
3,730
8,201
294,995
Depreclatlon
Charge for
period
105
1,828
Al 31 March 2025
1,163
105
1,828
Not book value
Al 31 March 2025
282,603
18
3,172
7.038
338
293.167
11 Dobtor•
2025
Du• within one year
Trade debtor8
Prepayments and accrued income
2,970
7,893
Page 15

ST NEOTS AND DISTRICT VOLUNTARYWELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
13. Credltors: Amounts falling duè within on• yur
2025
Other taxallon and soclal ￿rity
Other creditors
Accruals and deferred income
139
7,702
8.134
14 Slat•rn•nt of fund•
Slat•rn•nt of lund• - curront Porlod
Balancè at
31 March
2025
Trnn8f•rn
nlout
Incom• Expandltur•
Unr08trl¢t•d funds
General Fund
129.232
293.936
(38.363)
(3,6051
1,140
87.264
293,165
Flxed asset reserve
423,168
{40,274)
(2,465)
380,429
RmtrlCt￿ funds
CCC Contract
37,821
140,286)
2,465
Total of fundg
460,989
(80,5801
380,429
Unrostrlctod Fund8:
The general fund represen18 the charity'8 free reserves at the reportlng date, wh￿h wer8 available for any
charitable purpose.
The fixed asset reserve represents the transfer of property and equipment from the predecessor charlty.
Addltlons are included by way of a transfer betsveen funds and depreciation 18 charged to the fund.
Restrictgd Funds:
The Cambridgeshire County Council (CCCI Day Centre ctintracl requlres the charity to account for the
incorne as reslriclod funds. An estimated 50¥0 of all costs relate lo the delivery of Servicès funded by
Cambridgeshire County Council. The costs incurred exceeded the Income received and the balance has
been mel by way of a transfer from general donations and other income.
15. Summary of funds
Page16

ST NEOTS AND DISTRICTVOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENT5
FOR THE PERIOD ENDED 31 MARCH 2025
15. Summary of fund8 (contlnued)
Summary of funds- current ￿rIOd
Balance al
31 March
2025
Trnnsfg
Inlout
Incomo Expendlture
Géneral fund8
Reslricied funds
423,168
37,821
{40,274>
{40,286
{2,465)
2N65
380,429
460,989
180,S60)
380,429
Page 17

ST NEOTS AND DISTRICT VOLUNTARY WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
1& Analysls of net au•ts b•tW•on funds
Analysls of net as*•ts b•tw••n funds- current perfod
Unr•8trlctsd
fvnds
2025
Total
funds
2025
Tangible fixed asset8
Current assets
Credltor8 duewllhln one year
293,167
95.396
(8,134)
293,167
95.396
(&134)
Total
380,429
380N29
17. R•lat•d party transactlons
The only related party Ir8nsaction In the perlod was a recharge of £81 for the charlvs cloud accounting
soffvRre subscription paid by Round Numbers Limited, the personal bu$ine8s of G Round, Treasurer.
No amounts were outstanding balances bePAmn related partley and the Charity at 31 March 2025.
Page 18