## SACRISTON COMMUNITY ASSOCIATION
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report and financial statements for the year ended 31 December 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Charities Act 2011 and "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)" (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
The object of the Charity is defined as the provision of a recreational, social and educational centre for the benefit of the inhabitants of the area. This is achieved through the provision of various projects in the Community Centre.
## **Public benefit disclosure**
In setting plans and priorities for areas of work, the Trustees of Sacriston Community Association have had regard to the guidance from the Charity Commission on the provision of public benefit. In particular, the Trustees consider how planned activities contribute to meeting the objective set. How Sacriston Community Association delivers its principle charitable activities, as set out in its Memorandum and Articles of Association, is demonstrated in the activities statement.
## **Achievements and performance**
The net income for the year amounted to £928,625 attributable to unrestricted funds and £123,950 attributable to restricted funds.
## **Financial review**
The notes to the accounts disclose the assets and liabilities of the organisation attributable to the various funds by type.
Unrestricted funds amount to £75,276, virtually all of which is freely available. This does not include designated asset transfers. The Trustees have determined that the appropriate level of free reserves which are not invested in tangible fixed assets should be equivalent to at least four months expenditure, which is approximately £60,000. Free reserves at the year end were in excess of this amount, but the Trustees are cognisant of the future requirement to re-invest in the fabric of the facility and its equipment to satisfy the needs and requirements of their users. This will involve the utilisation of annual accumulated surpluses.
Our aim still remains to sustain Reserves by means of annual operating surpluses and judicious management of our resources.
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
In the ever changing and increasingly difficult financial climate we look to strengthen our resilience by increasing our income year-on-year. We will be looking at gaps in provision locally and consulting with the community to determine our work for the forthcoming year.
## **Structure, governance and management**
The organisation is a charitable incorporated organisation (charity number 1204218) registered as a charity in August 2023 to replace the charitable community association with the same name (charity number 520880), which has been registered as a charity since August 1967. In 2024 the organisation received the assets of Sacriston Community & Sports Trust (charity number 1102883) as part of a merger with the newly established charitable incorporated organisation (CIO) Sacriston Community Association (charity number 1204218).
The association was established under a constitution adopted on in August 2023 which established the objects and powers of the charitable company.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr Hugh Dixon
Mrs Lilian Burford
Mr Derek Robson
Mr Robert Ludlow
Mrs Margaret Ayton
Mrs Glynis Whitehead
Mrs Bernadette Glasper
Mrs Eileen Donnelly
Ms Debra Forth
The trustees are elected at the AGM to serve a period of 4 years, subject to ratification at each AGM.
Charity registration number: 1204218
**SACRISTON COMMUNITY ASSOCIATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 4 AUGUST 2023 TO 31 DECEMBER 2024**
## **Sacriston Community Association Contents**
||**Page**|
|---|---|
|Trustees' Report|1—2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Statement of Cash Flows|6|
|Notes to the Statement of Cash Flows|7|
|Notes to the Financial Statements|8—12|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|13—15|
**Sacriston Community Association Trustees' Report For the Period 4 August 2023 to 31 December 2024**
The trustees present their report and the financial statements for the period ended 31 December 2024.
## **Reference and Administrative Details**
## **Trustees**
Bernadette Glasper Debra Forth Derek Robson Eileen Donnelly Glynis Whitehead Hugh Dixon (appointed 04/06/2024) Lilian Burford Margaret Ayton Robert Ludlow
## **Charity Number**
1204218
## **Principal Address**
The Fulford Centre Front Street Sacriston Co Durham DH7 6JT
## **Independent Examiner**
Kay Wightman FFA FTA Accounting For Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon-On-Tyne
Page 1
## **Sacriston Community Association Trustees' Report (continued) For the Period 4 August 2023 to 31 December 2024**
The trustees' report was approved by the board of trustees and signed on its behalf by:
Hugh Dixon Trustee 26/03/2026
Page 2
## **Sacriston Community Association Independent Examiner's Report to the Trustees of Sacriston Community Association For the Period 4 August 2023 to 31 December 2024**
I report to the trustees on my examination of the accounts of Sacriston Community Association (the Trust) for the period ended 31 December 2024.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Financial Accountants, which is one of the listed bodies.
I note that a dispensation from audit was granted by the Charity Commission on 12 February 2026 under section 145(1) of the Charities Act 2011 for this financial year.
I have completed my examination. I confirm that no material matters 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 Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent 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 to enable a proper understanding of the accounts to be reached.
Kay Wightman FFA FTA 26/03/2026 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon-On-Tyne
Page 3
**Sacriston Community Association Statement of Financial Activities For the Period 4 August 2023 to 31 December 2024**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Creating safe accessible spaces
Hot meal delivery for elderly residents
Funding for staff salaries to deliver community activities
Community Centre for Local Residents
Other trading activities
**4**
Investments
**5**
Other
**6**
**EXPENDITURE ON:**
Raising funds
**8**
Charitable activities:
**8**
Restricted Fund Transfers from Charity Mergers
Creating safe accessible spaces
Hot meal delivery for elderly residents
Funding for staff salaries to deliver community activities
Community Centre for Local Residents
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**18**|**Unrestricted**
**funds**
**£**
879,562
-
-
-
37,320
11,064
529
150|**Restricted**
**funds**
**£**
42,938
63,960
7,097
9,955
-
-
-
-|**31**
**December**
**2024**
**Total funds**
**£**
922,500
63,960
7,097
9,955
37,320
11,064
529
150|
|---|---|---|---|
||928,625|123,950|1,052,575|
||1
(6,751)
-
-
-
(26,927)|2
(31,306)
(55,174)
(18,370)
(3,318)
-|3
(38,057)
(55,174)
(18,370)
(3,318)
(26,927)|
||(33,677)|(108,166)|(141,843)|
||894,948|15,784|910,732|
||894,948
-|15,784
-|910,732
-|
||894,948|15,784|910,732|
The notes on pages 7 to 12 form part of these financial statements.
Page 4
## **Sacriston Community Association Statement of Financial Position As At 31 December 2024**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**13**
Heritage Assets
**14**
**CURRENT ASSETS**
Debtors
**15**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**16**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**18**|**Unrestricted**
**funds**
**£**
819,622
357|**Restricted**
**funds**
**£**
-
-|**31**
**December**
**2024**
**Total funds**
**£**
819,622
357|
|---|---|---|---|
||819,979
2,553
73,999|-
-
15,784|819,979
2,553
89,783|
||76,552
(1,583)|15,784
-|92,336
(1,583)|
||74,969|15,784|90,753|
||894,948|15,784|910,732|
||894,948|15,784|910,732|
||||15,784
894,948|
||||910,732|
On behalf of the board
Hugh Dixon Trustee 26/03/2026
The notes on pages 7 to 12 form part of these financial statements.
Page 5
## **Sacriston Community Association Statement of Cash Flows For the Period 4 August 2023 to 31 December 2024**
|**Notes**
**Cash flows from operating activities**
Net cash generated from operations
**1**
Net cash generated from operating activities
**Cash flows from investing activities**
Purchase of tangible assets
Purchase of heritage assets
Interest received
Net cash used in investing activities
Increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
**2**
Cash and cash equivalents at end of period
**2**|**31 December**
**2024**
**£**
916,022|
|---|---|
||916,022|
||(826,232)
(536)
529|
||(826,239)|
|||
||89,783
-|
||89,783|
Page 6
## **Sacriston Community Association Notes to the Statement of Cash Flows For the Period 4 August 2023 to 31 December 2024**
## 1. **Reconciliation of income to cash generated from operations**
|.
**Reconciliation of income to cash generated from operations**||
|---|---|
|Net income
_Adjustments for:_
Interest income
Depreciation of tangible assets
Depreciation of heritage assets
_Movements in working capital:_
Increase in trade and other debtors
Increase in trade and other creditors
Net cash generated from operations|**31 December**
**2024**
**£**
910,732
(529)
6,572
217
(2,553)
1,583|
||916,022|
## 2. **Cash and cash equivalents**
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
|Cash at bank and in hand
3.
**Analysis of changes in net funds**
**As at 4 August**
**2023**
**Cash flows**
**£**
**£**
Cash at bank and in hand
-
89,783|**31 December**
**2024**
**£**
89,783|
|---|---|
||**As at 31**
**December**
**2024**
**£**
89,783|
Page 7
## **Sacriston Community Association Notes to the Financial Statements For the Period 4 August 2023 to 31 December 2024**
## 1. **General Information**
Sacriston Community Association is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1204218. The principal address is The Fulford Centre, Front Street, Sacriston, Co Durham, DH7 6JT.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements 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 charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
Income is recognised when 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 donations and grants is recognised when the charity is entitled to the funds. Where income is subject to performancerelated conditions, it is recognised when those conditions are met.
Income from charitable activities is recognised in the period in which the related services are provided.
Income is deferred where it relates to future periods or where conditions have not yet been met.
## 2.3. **Resources Expended**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount can be reliably measured.
Expenditure is classified under the following activity headings:
Costs of raising funds, being expenditure incurred in seeking donations and grants; and
Expenditure on charitable activities, including the costs of delivering services and activities undertaken to further the charity’s objectives.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 2.4. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Cost Plant & Machinery 33% Reducing Balance Fixtures & Fittings 10 years straight line
## 2.5. **Heritage Assets**
The trustees have identified a small balance included within heritage assets for which limited supporting information is available. Given the immaterial value, no adjustment has been made in the current financial statements.
A review of the charity’s fixed asset register, including heritage assets, will be undertaken in the next financial year to ensure appropriate classification and accounting treatment.
## 2.6. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 8
## **Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
3. **Income from Donations and Legacies**
|Donations and gifts
4.
**Income from Other Trading Activities**
Fundraising events
Letting and licencing arrangements
5.
**Investment Income**
Bank interest receivable
6.
**Other Income**
Other income
7.
**Net Income/(Expenditure)**
The net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned|**Unrestricted**
**funds**
**£**
879,562|**Restricted**
**funds**
**£**
42,938|**31 December**
**2024**
**Total**
**funds**
**£**
922,500|
|---|---|---|---|
||||**31 December**
**2024**
**Unrestricted**
**funds**
**£**
2,037
9,027|
||||11,064|
||||**31 December**
**2024**
**Unrestricted**
**funds**
**£**
529|
||||**31 December**
**2024**
**Unrestricted**
**funds**
**£**
150|
||||**31 December**
**2024**
**£**
6,572|
Page 9
**Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
## 8. **Analysis of Expenditure**
|.
**Analysis of Expenditure**||||
|---|---|---|---|
|Raising funds
Restricted Fund Transfers from Charity Mergers
Creating safe accessible spaces
Hot meal delivery for elderly residents
Funding for staff salaries to deliver community activities
Community Centre for Local Residents|**Activities**
**undertaken**
**directly**
**£**
(3)
28,270
41,989
18,370
3,318
5,072|**Support costs**
(see note 9)
**£**
-
9,787
13,185
-
-
21,855|**31 December**
**2024**
**Total**
**£**
(3)
38,057
55,174
18,370
3,318
26,927|
||97,016|44,827|141,843|
## 9. **Support Costs**
|.
**Support Costs**|||||
|---|---|---|---|---|
|Employee costs
Premises expenses
General administration
Depreciation
0.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
1.
**Staff Costs**
taff costs were as follows:
Wages and salaries
Other pension costs|**Restricted**
**Fund Transfers**
**from Charity**
**Mergers**
**£**
-
1,099
1,937
6,751|**Creating safe**
**accessible**
**spaces**
**£**
340
12,845
-
-|**Community**
**Centre for**
**Local**
**Residents**
**£**
4,957
3,011
13,849
38|**31 December**
**2024**
**Total**
**£**
5,297
16,955
15,786
6,789|
||9,787|13,185|21,855|44,827|
|||||**31 December**
**2024**
**£**
1,584|
|||||**31 December**
**2024**
**£**
77,056
4,039|
|||||81,095|
## 10. **Independent Examiner's Remuneration**
## 11. **Staff Costs**
Staff costs were as follows:
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
Page 10
## **Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
## 12. **Average Number of Employees**
Average number of employees during the period was: 4
## 13. **Tangible Assets**
|3.
**Tangible Assets**|||||
|---|---|---|---|---|
|**Cost**
As at 4 August 2023
Additions
As at 31 December 2024
**Depreciation**
As at 4 August 2023
Provided during the period
As at 31 December 2024
**Net Book Value**
As at 31 December 2024
As at 4 August 2023|**Land &**
**Property**
**Freehold**
**£**
-
822,649|**Plant &**
**Machinery**
**£**
-
1,253|**Fixtures &**
**Fittings**
**£**
-
2,330|**Total**
**£**
-
826,232|
||822,649|1,253|2,330|826,232|
||-
6,317|-
138|-
155|-
6,610|
||6,317|138|155|6,610|
||816,332|1,115|2,175|819,622|
||-|-|-|-|
## 14. **Heritage Assets**
The table below displays the five-year summary of heritage assets transactions recognised on the balance sheet:
|**Acquisitions**
Artefacts
5.
**Debtors**
**Due within one year**
Other debtors
6.
**Creditors: Amounts Falling Due Within One Year**
Other creditors
Accruals and deferred income|**2024**
**£**
536|
|---|---|
||**31 December**
**2024**
**£**
2,553|
||**31 December**
**2024**
**£**
(1)
1,584|
||1,583|
## 15. **Debtors**
## 16. **Creditors: Amounts Falling Due Within One Year**
Page 11
## **Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
## 17. **Pension Commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the period the charge to the statement of financial activities in respect of defined contribution schemes was £4,039.
At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.
## 18. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
Designated:
Asset Transfers
**Total unrestricted funds**
**Restricted funds**
Carried Forward from Charity Mergers
Co Durham Foundation - Know Your Neighbour
Co Durham Foundation - Welcome Spaces
Co Durham Foundation - Community Support
Age UK Co Durham
Sir James Knott
Durham County Council
**Total restricted funds**
**Total funds**|**As at 4 August**
**2023**
**£**
-
-|**Income**
**£**
102,202
826,423|**Expenditure**
**£**
(26,926)
(6,751)|**As at 31**
**December**
**2024**
**£**
75,276
819,672|
|---|---|---|---|---|
||-|928,625|(33,677)|894,948|
||-
-
-
-
-
-
-|42,938
48,960
5,000
10,000
4,450
9,955
2,647|(42,938)
(41,674)
(5,000)
(10,000)
(4,450)
(3,317)
(787)|-
7,286
-
-
-
6,638
1,860|
||-|123,950|(108,166)|15,784|
||||||
||-|1,052,575|(141,843)|910,732|
## 19. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current year.
During the period the expenses reimbursed to the trustees or paid directly to third parties were as follows:
**31 December 2024**
**£**
## 20. **Related Party Disclosures**
No related party transactions to report
Page 12
## **Sacriston Community Association Detailed Statement of Financial Activities For the Period 4 August 2023 to 31 December 2024**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations from individuals
Donations from organisations
**Charitable Activities:**
**Creating safe accessible spaces**
Grants
**Hot meal delivery for elderly residents**
Grants
**Funding for staff salaries to deliver community activities**
Grants
**Community Centre for Local Residents**
Community engagement programme
Rental income
**Other trading activities**
Fundraising events
Letting and licencing arrangements
**Investments**
Bank interest receivable
**Other**
Other income
**EXPENDITURE ON:**
**Raising funds**
Rounding
**Charitable Activities:**
**Restricted Fund Transfers from Charity Mergers**
Project Costs|**31 December**
**2024**
**Total**
**funds**
**£**
1,865
920,635
922,500
63,960
63,960
7,097
7,097
9,955
9,955
22,616
14,704
37,320
2,037
9,027
11,064
529
529
150
150
1,052,575
3
3
(1,224)
...CONTINUED|
|---|---|
Page 13
## **Sacriston Community Association Detailed Statement of Financial Activities (continued) For the Period 4 August 2023 to 31 December 2024**
|Volunteer Expenses
Wages and salaries
Repairs and maintenance
Legal fees
Professional fees
Consultancy fees
Depreciation of plant and machinery
Depreciation of fixtures and fittings
Depreciation of freehold land and property
Depreciation of heritage artefacts
**Creating safe accessible spaces**
Wages and salaries
Staff training
Rates
Light and heat
Repairs and maintenance
Cleaning
**Hot meal delivery for elderly residents**
Cafe & Lunch Club Expenditure
Wages and salaries
**Funding for staff salaries to deliver community activities**
Wages and salaries
**Community Centre for Local Residents**
Cafe & Lunch Club Expenditure
Project Costs
Staging fundraising events
Wages and salaries
Employers pensions - defined contributions scheme
Staff training
Travel expenses
Repairs and maintenance
Insurance
Postage
Stationery
Telecommunications
Independent examiner's fees
Professional fees|(393)
(26,653)
(1,099)
(656)
(131)
(1,150)
(100)
(155)
(6,317)
(179)
(38,057)
(41,989)
(340)
(1,817)
(7,412)
(1,555)
(2,061)
(55,174)
(13,920)
(4,450)
(18,370)
(3,318)
(3,318)
(3,929)
(698)
(445)
(649)
(4,039)
(229)
(40)
(3,011)
(4,400)
(64)
(1,464)
(3,494)
(1,584)
(352)
...CONTINUED|
|---|---|
Page 14
## **Sacriston Community Association Detailed Statement of Financial Activities (continued) For the Period 4 August 2023 to 31 December 2024**
|Subscriptions
Bookkeeping fees
Depreciation of heritage artefacts
**NET INCOME**|(107)
(2,384)
(38)|
|---|---|
||(26,927)|
||(141,843)|
||910,732|
Page 15
Charity registration number: 1204218
**SACRISTON COMMUNITY ASSOCIATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 4 AUGUST 2023 TO 31 DECEMBER 2024**
## **Sacriston Community Association Contents**
||**Page**|
|---|---|
|Trustees' Report|1—2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Statement of Cash Flows|6|
|Notes to the Statement of Cash Flows|7|
|Notes to the Financial Statements|8—12|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|13—15|
**Sacriston Community Association Trustees' Report For the Period 4 August 2023 to 31 December 2024**
The trustees present their report and the financial statements for the period ended 31 December 2024.
## **Reference and Administrative Details**
## **Trustees**
Bernadette Glasper Debra Forth Derek Robson Eileen Donnelly Glynis Whitehead Hugh Dixon (appointed 04/06/2024) Lilian Burford Margaret Ayton Robert Ludlow
## **Charity Number**
1204218
## **Principal Address**
The Fulford Centre Front Street Sacriston Co Durham DH7 6JT
## **Independent Examiner**
Kay Wightman FFA FTA Accounting For Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon-On-Tyne
Page 1
## **Sacriston Community Association Trustees' Report (continued) For the Period 4 August 2023 to 31 December 2024**
The trustees' report was approved by the board of trustees and signed on its behalf by:
Hugh Dixon Trustee 26/03/2026
Page 2
## **Sacriston Community Association Independent Examiner's Report to the Trustees of Sacriston Community Association For the Period 4 August 2023 to 31 December 2024**
I report to the trustees on my examination of the accounts of Sacriston Community Association (the Trust) for the period ended 31 December 2024.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Financial Accountants, which is one of the listed bodies.
I note that a dispensation from audit was granted by the Charity Commission on 12 February 2026 under section 145(1) of the Charities Act 2011 for this financial year.
I have completed my examination. I confirm that no material matters 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 Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent 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 to enable a proper understanding of the accounts to be reached.
Kay Wightman FFA FTA 26/03/2026 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon-On-Tyne
Page 3
**Sacriston Community Association Statement of Financial Activities For the Period 4 August 2023 to 31 December 2024**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Creating safe accessible spaces
Hot meal delivery for elderly residents
Funding for staff salaries to deliver community activities
Community Centre for Local Residents
Other trading activities
**4**
Investments
**5**
Other
**6**
**EXPENDITURE ON:**
Raising funds
**8**
Charitable activities:
**8**
Restricted Fund Transfers from Charity Mergers
Creating safe accessible spaces
Hot meal delivery for elderly residents
Funding for staff salaries to deliver community activities
Community Centre for Local Residents
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**18**|**Unrestricted**
**funds**
**£**
879,562
-
-
-
37,320
11,064
529
150|**Restricted**
**funds**
**£**
42,938
63,960
7,097
9,955
-
-
-
-|**31**
**December**
**2024**
**Total funds**
**£**
922,500
63,960
7,097
9,955
37,320
11,064
529
150|
|---|---|---|---|
||928,625|123,950|1,052,575|
||1
(6,751)
-
-
-
(26,927)|2
(31,306)
(55,174)
(18,370)
(3,318)
-|3
(38,057)
(55,174)
(18,370)
(3,318)
(26,927)|
||(33,677)|(108,166)|(141,843)|
||894,948|15,784|910,732|
||894,948
-|15,784
-|910,732
-|
||894,948|15,784|910,732|
The notes on pages 7 to 12 form part of these financial statements.
Page 4
## **Sacriston Community Association Statement of Financial Position As At 31 December 2024**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**13**
Heritage Assets
**14**
**CURRENT ASSETS**
Debtors
**15**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**16**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**18**|**Unrestricted**
**funds**
**£**
819,622
357|**Restricted**
**funds**
**£**
-
-|**31**
**December**
**2024**
**Total funds**
**£**
819,622
357|
|---|---|---|---|
||819,979
2,553
73,999|-
-
15,784|819,979
2,553
89,783|
||76,552
(1,583)|15,784
-|92,336
(1,583)|
||74,969|15,784|90,753|
||894,948|15,784|910,732|
||894,948|15,784|910,732|
||||15,784
894,948|
||||910,732|
On behalf of the board
Hugh Dixon Trustee 26/03/2026
The notes on pages 7 to 12 form part of these financial statements.
Page 5
## **Sacriston Community Association Statement of Cash Flows For the Period 4 August 2023 to 31 December 2024**
|**Notes**
**Cash flows from operating activities**
Net cash generated from operations
**1**
Net cash generated from operating activities
**Cash flows from investing activities**
Purchase of tangible assets
Purchase of heritage assets
Interest received
Net cash used in investing activities
Increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
**2**
Cash and cash equivalents at end of period
**2**|**31 December**
**2024**
**£**
916,022|
|---|---|
||916,022|
||(826,232)
(536)
529|
||(826,239)|
|||
||89,783
-|
||89,783|
Page 6
## **Sacriston Community Association Notes to the Statement of Cash Flows For the Period 4 August 2023 to 31 December 2024**
## 1. **Reconciliation of income to cash generated from operations**
|.
**Reconciliation of income to cash generated from operations**||
|---|---|
|Net income
_Adjustments for:_
Interest income
Depreciation of tangible assets
Depreciation of heritage assets
_Movements in working capital:_
Increase in trade and other debtors
Increase in trade and other creditors
Net cash generated from operations|**31 December**
**2024**
**£**
910,732
(529)
6,572
217
(2,553)
1,583|
||916,022|
## 2. **Cash and cash equivalents**
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
|Cash at bank and in hand
3.
**Analysis of changes in net funds**
**As at 4 August**
**2023**
**Cash flows**
**£**
**£**
Cash at bank and in hand
-
89,783|**31 December**
**2024**
**£**
89,783|
|---|---|
||**As at 31**
**December**
**2024**
**£**
89,783|
Page 7
## **Sacriston Community Association Notes to the Financial Statements For the Period 4 August 2023 to 31 December 2024**
## 1. **General Information**
Sacriston Community Association is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1204218. The principal address is The Fulford Centre, Front Street, Sacriston, Co Durham, DH7 6JT.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements 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 charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
Income is recognised when 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 donations and grants is recognised when the charity is entitled to the funds. Where income is subject to performancerelated conditions, it is recognised when those conditions are met.
Income from charitable activities is recognised in the period in which the related services are provided.
Income is deferred where it relates to future periods or where conditions have not yet been met.
## 2.3. **Resources Expended**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount can be reliably measured.
Expenditure is classified under the following activity headings:
Costs of raising funds, being expenditure incurred in seeking donations and grants; and
Expenditure on charitable activities, including the costs of delivering services and activities undertaken to further the charity’s objectives.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 2.4. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Cost Plant & Machinery 33% Reducing Balance Fixtures & Fittings 10 years straight line
## 2.5. **Heritage Assets**
The trustees have identified a small balance included within heritage assets for which limited supporting information is available. Given the immaterial value, no adjustment has been made in the current financial statements.
A review of the charity’s fixed asset register, including heritage assets, will be undertaken in the next financial year to ensure appropriate classification and accounting treatment.
## 2.6. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 8
## **Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
3. **Income from Donations and Legacies**
|Donations and gifts
4.
**Income from Other Trading Activities**
Fundraising events
Letting and licencing arrangements
5.
**Investment Income**
Bank interest receivable
6.
**Other Income**
Other income
7.
**Net Income/(Expenditure)**
The net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned|**Unrestricted**
**funds**
**£**
879,562|**Restricted**
**funds**
**£**
42,938|**31 December**
**2024**
**Total**
**funds**
**£**
922,500|
|---|---|---|---|
||||**31 December**
**2024**
**Unrestricted**
**funds**
**£**
2,037
9,027|
||||11,064|
||||**31 December**
**2024**
**Unrestricted**
**funds**
**£**
529|
||||**31 December**
**2024**
**Unrestricted**
**funds**
**£**
150|
||||**31 December**
**2024**
**£**
6,572|
Page 9
**Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
## 8. **Analysis of Expenditure**
|.
**Analysis of Expenditure**||||
|---|---|---|---|
|Raising funds
Restricted Fund Transfers from Charity Mergers
Creating safe accessible spaces
Hot meal delivery for elderly residents
Funding for staff salaries to deliver community activities
Community Centre for Local Residents|**Activities**
**undertaken**
**directly**
**£**
(3)
28,270
41,989
18,370
3,318
5,072|**Support costs**
(see note 9)
**£**
-
9,787
13,185
-
-
21,855|**31 December**
**2024**
**Total**
**£**
(3)
38,057
55,174
18,370
3,318
26,927|
||97,016|44,827|141,843|
## 9. **Support Costs**
|.
**Support Costs**|||||
|---|---|---|---|---|
|Employee costs
Premises expenses
General administration
Depreciation
0.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
1.
**Staff Costs**
taff costs were as follows:
Wages and salaries
Other pension costs|**Restricted**
**Fund Transfers**
**from Charity**
**Mergers**
**£**
-
1,099
1,937
6,751|**Creating safe**
**accessible**
**spaces**
**£**
340
12,845
-
-|**Community**
**Centre for**
**Local**
**Residents**
**£**
4,957
3,011
13,849
38|**31 December**
**2024**
**Total**
**£**
5,297
16,955
15,786
6,789|
||9,787|13,185|21,855|44,827|
|||||**31 December**
**2024**
**£**
1,584|
|||||**31 December**
**2024**
**£**
77,056
4,039|
|||||81,095|
## 10. **Independent Examiner's Remuneration**
## 11. **Staff Costs**
Staff costs were as follows:
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
Page 10
## **Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
## 12. **Average Number of Employees**
Average number of employees during the period was: 4
## 13. **Tangible Assets**
|3.
**Tangible Assets**|||||
|---|---|---|---|---|
|**Cost**
As at 4 August 2023
Additions
As at 31 December 2024
**Depreciation**
As at 4 August 2023
Provided during the period
As at 31 December 2024
**Net Book Value**
As at 31 December 2024
As at 4 August 2023|**Land &**
**Property**
**Freehold**
**£**
-
822,649|**Plant &**
**Machinery**
**£**
-
1,253|**Fixtures &**
**Fittings**
**£**
-
2,330|**Total**
**£**
-
826,232|
||822,649|1,253|2,330|826,232|
||-
6,317|-
138|-
155|-
6,610|
||6,317|138|155|6,610|
||816,332|1,115|2,175|819,622|
||-|-|-|-|
## 14. **Heritage Assets**
The table below displays the five-year summary of heritage assets transactions recognised on the balance sheet:
|**Acquisitions**
Artefacts
5.
**Debtors**
**Due within one year**
Other debtors
6.
**Creditors: Amounts Falling Due Within One Year**
Other creditors
Accruals and deferred income|**2024**
**£**
536|
|---|---|
||**31 December**
**2024**
**£**
2,553|
||**31 December**
**2024**
**£**
(1)
1,584|
||1,583|
## 15. **Debtors**
## 16. **Creditors: Amounts Falling Due Within One Year**
Page 11
## **Sacriston Community Association Notes to the Financial Statements (continued) For the Period 4 August 2023 to 31 December 2024**
## 17. **Pension Commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the period the charge to the statement of financial activities in respect of defined contribution schemes was £4,039.
At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.
## 18. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
Designated:
Asset Transfers
**Total unrestricted funds**
**Restricted funds**
Carried Forward from Charity Mergers
Co Durham Foundation - Know Your Neighbour
Co Durham Foundation - Welcome Spaces
Co Durham Foundation - Community Support
Age UK Co Durham
Sir James Knott
Durham County Council
**Total restricted funds**
**Total funds**|**As at 4 August**
**2023**
**£**
-
-|**Income**
**£**
102,202
826,423|**Expenditure**
**£**
(26,926)
(6,751)|**As at 31**
**December**
**2024**
**£**
75,276
819,672|
|---|---|---|---|---|
||-|928,625|(33,677)|894,948|
||-
-
-
-
-
-
-|42,938
48,960
5,000
10,000
4,450
9,955
2,647|(42,938)
(41,674)
(5,000)
(10,000)
(4,450)
(3,317)
(787)|-
7,286
-
-
-
6,638
1,860|
||-|123,950|(108,166)|15,784|
||||||
||-|1,052,575|(141,843)|910,732|
## 19. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current year.
During the period the expenses reimbursed to the trustees or paid directly to third parties were as follows:
**31 December 2024**
**£**
## 20. **Related Party Disclosures**
No related party transactions to report
Page 12
## **Sacriston Community Association Detailed Statement of Financial Activities For the Period 4 August 2023 to 31 December 2024**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations from individuals
Donations from organisations
**Charitable Activities:**
**Creating safe accessible spaces**
Grants
**Hot meal delivery for elderly residents**
Grants
**Funding for staff salaries to deliver community activities**
Grants
**Community Centre for Local Residents**
Community engagement programme
Rental income
**Other trading activities**
Fundraising events
Letting and licencing arrangements
**Investments**
Bank interest receivable
**Other**
Other income
**EXPENDITURE ON:**
**Raising funds**
Rounding
**Charitable Activities:**
**Restricted Fund Transfers from Charity Mergers**
Project Costs|**31 December**
**2024**
**Total**
**funds**
**£**
1,865
920,635
922,500
63,960
63,960
7,097
7,097
9,955
9,955
22,616
14,704
37,320
2,037
9,027
11,064
529
529
150
150
1,052,575
3
3
(1,224)
...CONTINUED|
|---|---|
Page 13
## **Sacriston Community Association Detailed Statement of Financial Activities (continued) For the Period 4 August 2023 to 31 December 2024**
|Volunteer Expenses
Wages and salaries
Repairs and maintenance
Legal fees
Professional fees
Consultancy fees
Depreciation of plant and machinery
Depreciation of fixtures and fittings
Depreciation of freehold land and property
Depreciation of heritage artefacts
**Creating safe accessible spaces**
Wages and salaries
Staff training
Rates
Light and heat
Repairs and maintenance
Cleaning
**Hot meal delivery for elderly residents**
Cafe & Lunch Club Expenditure
Wages and salaries
**Funding for staff salaries to deliver community activities**
Wages and salaries
**Community Centre for Local Residents**
Cafe & Lunch Club Expenditure
Project Costs
Staging fundraising events
Wages and salaries
Employers pensions - defined contributions scheme
Staff training
Travel expenses
Repairs and maintenance
Insurance
Postage
Stationery
Telecommunications
Independent examiner's fees
Professional fees|(393)
(26,653)
(1,099)
(656)
(131)
(1,150)
(100)
(155)
(6,317)
(179)
(38,057)
(41,989)
(340)
(1,817)
(7,412)
(1,555)
(2,061)
(55,174)
(13,920)
(4,450)
(18,370)
(3,318)
(3,318)
(3,929)
(698)
(445)
(649)
(4,039)
(229)
(40)
(3,011)
(4,400)
(64)
(1,464)
(3,494)
(1,584)
(352)
...CONTINUED|
|---|---|
Page 14
## **Sacriston Community Association Detailed Statement of Financial Activities (continued) For the Period 4 August 2023 to 31 December 2024**
|Subscriptions
Bookkeeping fees
Depreciation of heritage artefacts
**NET INCOME**|(107)
(2,384)
(38)|
|---|---|
||(26,927)|
||(141,843)|
||910,732|
Page 15