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2025 Trustees Annual Report
(TAR)
06
Executive Summary
Sherwood Park Hall CIO, which successfully transitioned from a CIC in November 2024 to secure a more robust and expansive future, has demonstrated exceptional resilience and strategic growth in its mission to deliver holistic community support. Building on its rapid pivot to essential services during the 2020 COVID-19 lockdown, the organization now runs high-impact, targeted programs focused on early years development, tackling food insecurity, and reducing social isolation. Key Achievements and Impact
In the reporting period, Sherwood Park Hall successfully launched and maintained three core pillars of community benefit:
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1.Early Years Readiness: The strategic relaunch of the Baby Club as "Little Learners" (Ages 0–5) directly addresses the challenge of 40% of local children being unready for school. Launched in March 2025, the program focuses on the seven key Early Learning Outcomes, equipping parents with the skills for home-based learning.
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2.Food & Education: Our partnership with Brite Box Founders provides weekly recipe meal kits distributed via four primary schools. This initiative effectively bridges the weekend nutrition gap for disadvantaged families, simultaneously promoting essential cooking skills, family engagement, and positive dietary habits.
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3.Combating Isolation: The "Buttons" Over-60s Group offers vital social activities, including Craft Clubs and trips, actively combating loneliness. Notably, the program has fostered a reciprocal loop of support, attracting younger volunteers who are also seeking connection, extending the anti-isolation impact across multiple age demographics.
Strategic Sustainability and Expansion
The Hall continues to be a dedicated partner for the Merton HAF Programme (Holiday Activities & Food), delivering high-quality, free holiday provision since 2021 to tackle social inequality. The success of this model has enabled the strategic launch of year-round After-School Clubs (including cooking, sewing, and crafts), sustaining vital engagement outside of term time. The CIO’s governance, supported by eight dedicated trustees, ensures the charity is well-positioned for sustainable financial growth and deeper community service in the coming year.
supporting over 1000 + families a year
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About Our Charity
Sherwood Park Hall is more than a venue – we’re a community hub and charity nestled in the heart of Pollards Hill dedicated to enhancing the wellbeing of our residents.
We offer accessible, low-cost activities that support physical and mental wellbeing, reduce isolation, and help tackle local inequalities.
To serve the Pollards Hill community the best we can, we run a variety of programmes to support marginalised and ethnically diverse groups with inclusive programmes and outreach that reflect the community we serve.
We help prevent and reduce the impact of poverty through food supporting the cost of living crisis through food programmes
www.sherwoodparkhall.org.uk
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Organisational Restructure
Sherwood Park Hall's journey began in November 2019 as a Community Interest Company (CIC). Within a month of signing the building lease in February 2020, we immediately pivoted to community relief efforts in response to the COVID-19 pandemic. Our initial focus was on delivering essential food and offering online classes and workshops to support the health and well-being of residents isolated at home. As restrictions eased, we built on this foundation of support to establish successful community programs that continue today:
Social Connection: We launched "Buttons," our vibrant social group for local residents over 60, fostering connection and reducing isolation.
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Early Years Support: We collaborated with the NHS to establish a vital Baby Club, providing essential health and peer support for new parents.
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Youth Engagement: We partnered with Merton Council to deliver a highly valued holiday programme for children aged 5–11.
Following four years of operational success and demonstrated community impact, the organization officially converted to a Charitable Incorporated Organisation (CIO) in November 2024. This transition, managed by a new Board of eight trustees, ensures a more robust and sustainable future, enabling us to significantly expand our charitable offering and deepen our support for the community.
www.sherwoodparkhall.org.uk
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Vision and Mission
To create a safe, welcoming, and inclusive environment that fosters community cohesion and individual well-being for all members, from the youngest to the oldest. We are dedicated to delivery a diverse range of programs and services that enrich lives, build connections, and strengthen the fabric of our community through collaboration and empowerment.
Vision Statement
Mission Statement
To operate Sherwood Park Hall as a premium, accessible community hub that delivers essential support, fosters social connection, and provides a safe, welcoming space for every resident in Mitcham.
To be recognized as the premier foundation for well-being and growth in Mitcham, ensuring that future generations have a sustainable, safe, and inspiring space to gather, learn, and celebrate life.
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Our Projects In 2026
Project 01
Support Families on Low Income
Our goal is to increase the number of families we support in Mitcham by 25% Focusing on supporting parents and careers through our Little learners programme to help under 5's to become school ready
Project 02
Supporting NEET
Supporting those who are vulnerable and not in employment, education or training to find work, offering AQA certification training and mentoring work experience and and sign posting for support in getting into work or educational programmes
Project 03
Health and Well-being
Reaching those who are less active by offering more workshops and classes and outdoor activities that get our community acitve and supporting their mental health through joint partnerships and working with the community
Project 04
Tackling Food Poverty
Tacking Food Poverty We want to increase our support for food poverty, helping our community to eat healthier
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150 Food Boxes Delivered Weekly
Tackling Weekend Food Insecurity: The Brite Box Partnership
Sherwood Park Hall CIO entered a strategic partnership with Brite Box Founders to directly combat the increased food insecurity facing local families, particularly during weekends when free school meals are unavailable. Through this collaboration, we deliver weekly recipe meal kits that provide a nutritious, accessible meal to disadvantaged children and their families. These kits are efficiently distributed via four local primary schools, ensuring the support reaches those on the lowest incomes who struggle with the cost of living crisis. The model is designed to be fun, engaging, and educational, yielding benefits that extend beyond immediate nutrition:
1.Bridging the Gap: The kits provide a guaranteed, wholesome meal during the vulnerable weekend period.
2.Family Engagement: The recipe format encourages families to cook and eat together, actively strengthening crucial family bonds.
- 3.Dietary Education: Children and parents are introduced to new ingredients and develop essential cooking skills, promoting long-term positive eating habits.
.
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Highlights
Enhancing School Readiness: Relaunch of 'Little Learners' (Ages 0-5)
A critical community need was identified in early 2025, specifically the finding that over 40% of local children enter primary school not fully 'school ready'. Responding to this essential statistic and extensive community feedback, the Board—led by one of our new Trustees—strategically decided to rebrand and relaunch our existing Baby Club as "Little Learners."
This new program is tailored for children aged 0 to 5 and focuses on the seven key Early Learning Outcomes. Crucially, the club teaches parents and caregivers how to support their child's development through simple, playful, and fun activities that can be easily continued at home, thereby maximizing the impact beyond the single weekly session.
We demonstrated our commitment to social value by successfully recruiting a motivated local mother through the Job Centre. We provided her with comprehensive training and various certified courses, equipping her fully for this specialised role. The "Little Learners" program officially launched in March 2025, with a formal opening by the Deputy Mayor, and has been thriving ever since, meeting a vital need in our community.
Ofsted Registered!
We are proud to announce we are officially Ofsted registered to further help and support our families living in the borough
Mud Kitchen Now open
Our mud kitchen is an extension of our offer for Little Learners helping to offer alternative education through play and imagination.
Future Plans for SEND
Recognising a gap in services for families with Special needs Children, In 2026 we will extend our offer to SEND families offering parent and child support
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Highlights
Fostering Social Well-being: The 'Buttons' Over-60s Group
Buttons Have Grown!
We are thrilled that our Buttons group has grown by 20% this year with new member joining us and statying with us!
Sherwood Park Hall CIO is committed to combating isolation and promoting health for our older residents in Mitcham and Pollards Hill. Our services are founded on the principle that robust social engagement is a vital lifeline for physical and mental health.
The 'Buttons' program provides essential, structured, and accessible social activities designed to directly address the challenges of loneliness and isolation among the over-60s age group. Our primary objectives for this program include: Reducing Isolation: Creating an inclusive, accessible, and engaging environment. Promoting Well-being: Focusing on mental health, mobility, and cultural diversity Program Activities and Reach
Through this initiative, we host regular activities designed to foster genuine connection, including popular Craft Clubs, Group Trips, and Community Events. These sessions not only provide a safe space for socializing but also contribute significantly to members' sustained happiness and inclusion within the local area. Reciprocal Community Impact
A significant achievement this year has been the growth of our volunteer base supporting 'Buttons.' This program has uniquely attracted a large number of volunteers from across the community, many of whom are younger residents experiencing their own challenges with loneliness.
By providing an opportunity to serve and connect, the 'Buttons' group has created a reciprocal loop of support, demonstrating that our charitable activities are effective not only for the primary beneficiaries but also for the wider community members who volunteer their time, successfully drawing them out of isolation as well.
Trips and Events
From Tea in a country estate to pub lunches our Buttons group have been out and about this year and building connections
Future Plans for Growth
For 2026 we would like to expand the group more encourage more intergenerational events and partnering with more workshop providers to add value to the groups activities
06
Highlights
Holiday Activities and Afterschool clubs
Since 2021, Sherwood Park Hall has been a dedicated and proud delivery partner for the London Borough of Merton's Holiday Activities & Food (HAF) Programme. This vital initiative allows us to provide free, high-quality holiday provision, including nutritious daily meals and enriching activities, to disadvantaged children and families across the Mitcham area.
Our core commitment is to use the HAF Programme to actively address social and educational inequality during the school holidays. We aim to go beyond standard provision by offering experiences that significantly raise the standard of opportunities available in our part of the borough.
The overwhelming success of the HAF model demonstrated a clear community need for continuous provision. As a result, we have launched After-School Clubs to sustain engagement year-round. These clubs focus on essential life skills, offering popular courses in cooking, sewing, and various crafts to support children's development outside the core academic timetable.
Strategic Program Design
Every session is carefully designed to be holistic, ensuring a balanced and meaningful experience for participants:
Holistic Enrichment: We blend physical activity and engaging arts and crafts with fun learning opportunities.
Restructure
The restructureing of our Holiday programme and hiring some amazing staff has seen thes grow from stregnth to stregnth and we have seen a significant rise in number of attendees
Connecting with the community
Sherwood Park Hall CIO has become a support system to our community and families and we are able to reach out to parents and carers to find out what is needed
Future Plans
Starting in 2026, roller skating workshops,
Essential Nutrition: Providing a regular, hot, and nutritious meal is paramount to combating holiday hunger.
Inclusion: We strive for maximum accessibility and inclusivity, creating a safe and welcoming environment where every child can thrive and connect socially.
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Trustees
Serena Nalty Coombs Project Manager & Chair
Dee Senior Personal Relations Manger
Mutiu Adejumobi Finance Manager
Joan Henry Councillor
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Trustees
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Jason Fagan Chantelle Graham Julie Shankly Gabriel Obrempong
Graphic Design Local Childcare business Manager Marketing
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That's all from us, thank you.
0208 187 0456
www.sherwoodparkhall.org.uk
2025 Financial Review
SHERWOOD PARK HALLCIO- 2025 FINANCIAL REVIEW shérwotsd Paik Htsiiciowas rÈgiytèiÈd Ès È Ch&ritsblÈ IneorpttrÈted OigBnisBtitsn on 8 November 2024. sueeeeding SheOd PÉrk Hau Cornmuniiy Irlieiesi CompoTrylCICI. On ihe dale of re8isir8tiC+n the cic iiansfeTre4Y its assets and liabilities io ihe CIO., Ihe iransferred amounts form Ihe openingfund b818n¢es of the CIO. Converslon fnjm ac to CIO and Transfer of Attlvltles Thecharity was re8i5tered OD 8 November 2024 as • ChwTitable Incorporated O¥8•nilI0ry. On thlg dfrte. li recelved the assets. li&billties and OryOinq&ctlvities of Sh•rwoad Pvk Hll CIC. & Community Inierest Comparhy. The CIC'S accountin8 period ended on B No¥•mb•r ZOZ4. Assets 4nd liabilities were tran51erreil at book value ¥5 follows". A•••t• tr•n•f•rr•d Fixed èssets (Net) Cash Debtors Q¥.Nov.24 109,345.04 16,536.37 9.223_75 Tot•1 •u•ts Ll•blllll•s ir•n•1T•d CFeditOrS (Short terml LaTh8-tèrm LiJbilitits 135.105.16 1.403.10 5,423.48 N•1 44••ts tr•n•f•rrad 111.178.58 These &mounts lorrh the a}n¢lnd blllnE• ol ihe CIO.
SHERWOOO PARK HALLCIO-2025FINANCIALREVIEW 2025 nMn¢l•lMiSew The ch2rity'¥linBn¢ialposY<ion 41th¢aren¢ ¥ #¥S)li•¥llJgureg t•ken Ir¢¥nih¢ lin4n¢i?l $thieMl•s.' TotLlurbd• Icio•lrf= 2131.gSI.31. x•<I 4swtsit•n8llA• M•tsi: £106.297.0 C•Bh •t barth •nd In h•nd: É20,711.17. These ciosingbo18ncesinelud8 ihe net o&sel&trnn&f1dlrorn the predec8880rCICon 8Novemb•r20241121287.581 %thtch foirnadthe CIO%openin8lund b8lance&. Dunn¥thB yetsr tho ¢htyntygenele incomofw¢)rn IHèilhw8. Gr¥nt8. Donthon#, Fundmr4S 0thrn. Tho ¢h8rityin¢urrod owp8thdiluweon coJi4 repairglmaintenbnce and chant8ble octwities. The trustees rewewthts le1 ol i¥¥erve8th18 wwar b8$1• tsnd aimt(bm•int8itkfree re8trvas 8ullieientto¢ovar apprrimgtelylhrte months of nonNlop¥tsnu ¢oJi& currently Bssessed ai E15.0011. In linewth Ihe ¢h3rityJ ReseNes Pob¢y, 11186of •iIY•V4n r•Mlv•d l¥ b•w to ¥upport Iin•fiei$l st$Ilty&thd man88tr unloreseen txwndilure. I1%pendI1y[9 wmm•ry Toiol income lortheyeei-. £IZ8,Jq&14 Total exponditufe fortheyoar.. E124.668.41 Net movement in fundstorthe yeor: É3,679.73 G•ln¥C•¢•m Tvusiees have revied Fxojectedcashlt¢yws find txk48&is foratlea8t 12 months fromihedate otapprrwalotthefinancialstsiemeniB. B&8ed on currem¢aBh rosouwoe expect inc¢¥0 6twm.th• trLs$iee$ ¢on8idetth• ¢h•iityto 88tyn8¢on¢8m. Volurtt•ersand Staff The ehBritylS SUPPOrt&d tyvoitsnt¢•rsin d•llnn8$c¥1tl•snd m•intsiningth¢h•U. DuringtYorth*th•nty•MPd2$1If8nd 8Voiunt•ers. TotalAt&ff co315 amountedto É4,3%.82. Rlsk Man8i•m•nt Arisk rggi$i¢r 18 rewo annually. Principal risk$ inclydo r¢(lu¢¢d hii¢ in¢omg. unoxpo¢te(I buildingwpaii ¢98t$ an(1 volunio¢r shonaggs. Miti8Otion$ in¢ludo m8intainin8 8d•qu•t¢ T•Sè$, impl•m¢nting provénttytwts maint•non¢& pi8n$. and dw&rsifyin8 in¢ome $ourca$.
Sherwood Park Hall CIO Statement of Financial Activities For the year ended 8 November 2025 A<cOuilt 2025 Income Fundin8 Sales/ Tutors Hall hire Total Income 74,0).47 54.257.67 128.348.14 Cost of S•1• Direct Expense5 Direct Labour Total Cost of Sales 30.401.39 32.076.12 6ZA77.51 Groxs Proflt 65.870.63 eratSn Advertlslns & Marketlk Audit & Accountancy fees Bank Fees Cleaning Consultlng Depreclatlon Expense Entertainment-10( business General Expenses Health Safety and Envlronment Insurance IT Software arbd Con5umable5 Li8ht. Power. Heating Office Expenses PayPal Fees P05tage. Frei8ht & Courler Printin8 & Stationery Rates Rent Repalrs & Malntenance Salarle5 staff Trainin8 stora8e Strlpe Fees Subscrlptlons Telephone & Internet Travel - N3tion?I Total Operatln8 Expenses enses SA24.57 6.375.20 I.37 872.79 6.788.85 3,048.00 802.29 67.11 357.24 1/423.95 2.987.82 4.441.00 .96 68.01 213.94 367.07 2.365.04 3.735.30 7.389.67 3.972.00 354.82 2.218.00 82.51 226.05 6.558.51 1.769.83 6Z.190.90 Net profl LOSS 3.679.7J
Sherwood Park Hall CIO
Income and Expenditure Account
For the year ended 8 November 2025
A
Statement of Flnanclal Posltlon Sherwood Park Hall CIO As at 8 November 202S A¢¢ount 8 Now 2025 Assets F•d Assets Tangible Asset Less Accumulated DepreciatK>n on Leasehold ImFxovements Office Equlpment Less Accumulated Depreciation on Office Equiwnert Tot31 Fixed Assets Bank 117,542.00 111.755.(M)I 3A85.04 12.975.Q)I 106.297.04 METRO BANK- ShÈnKood Park Hall CIO METRO Bank- Sherwood Park Hall Operational Account PayPal Total Bank Current Asset5 Accounts RecewatAe Less Prov1510n for Doubrful Debts Tot•1 Cun*ht Ass•ts 19.668.35 363.97 678.85 20.711.17 11.928.75 1920.(K)I 11.008.75 Total Assets 13#.0ts. Liabilitie5 Current Liabililies Credlt Card Control Account Wa8e5 Payable- Payroll Tot31 Current Liabl1t5 Non-current LIablIleS Barclays Bounceback Loarn 88L Tot31 Non-current Liabilities Total Llabllrlies 1.501.89 157.551 1.444.34 4.614.31 4,614.31 6.058.65 131.95B.31 Funds Current Year SUrF5/(DefitI Opening Unrestricted Fund5 Ifrorn Sherwood Park Hall CICI Total Funds 3,679.73 128,278.58 131.958.31
Sh•rwood Park Hall CIO
Notes to the Flnanclal Statenients
For the year ended 8 November 2025
CIC w•r• tr•ti•l•rr•d to th• GIO. Thi tr•n•f•r ts••n •c<ount•d eor •
Charity Registration No. 1210866 (England and Wales)
Sherwood Park Hall CIO Unaudited Account For the year ended 08 November, 2025
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Sherwood Park Hall CIO
CONTENT OF THE FINANCIAL REPORT FOR THE YEAR ENDED 08 NOVEMBER 2025
| Contents | Page | |
|---|---|---|
| Company Information | 3 | |
| Statement of Financial Activities | 4 | |
| Income and Expenditure Account | 5 | |
| Statement of Financial Position | 7 | |
| Notes to the Accounts | 8 |
Sherwood Park Hall CIO
COMPANY INFORMATION
FOR THE YEAR ENDED 08 NOVEMBER 2025
Company Information
| Company Information | |
|---|---|
| Trustees | Serena Nalty-Coombs |
| Desiree Shimona Senior | |
| Jason Fagan | |
| Chantelle Simone GRAHAM | |
| Councillor Joan Henry | |
| Mutiu Adejumobi | |
| Julie SHANKLY | |
| Gabriel OBREMPONG NYANTH | |
| Charity Registration Number | 1210866 (England and Wales) |
| Registered Office | SHERWOOD PARK HALL |
| SHERWOOD PARK PAVILION | |
| ABBOTTS ROAD | |
| MITCHAM | |
| CR4 1JP | |
| Accountants | Bukz Accounting Services Ltd |
| 124 City Road, | |
| London. | |
| EC1V 2NX |
3
Sherwood Park Hall CIO Statement of Financial Activities
For the year ended 8 November 2025
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Account 2025
Income
Funding 74,090.47
Sales/ Tutors Hall hire 54,257.67
Total Income 128,348.14
Cost of Sales
Direct Expenses 30,401.39
Direct Labour 32,076.12
Total Cost of Sales 62,477.51
Gross Profit 65,870.63
Operating Expenses
Advertising & Marketing 5,424.57
Audit & Accountancy fees 6,375.20
Bank Fees 190.37
Cleaning 872.79
Consulting 6,788.85
Depreciation Expense 3,048.00
Entertainment-100% business 802.29
General Expenses 67.11
Health Safety and Environment 357.24
Insurance 1,423.95
IT Software and Consumables 2,987.82
Light, Power, Heating 4,441.00
Office Expenses 90.96
PayPal Fees 68.01
Postage, Freight & Courier 213.94
Printing & Stationery 367.07
Rates 2,365.04
Rent 3,735.30
Repairs & Maintenance 7,389.67
Salaries 3,972.00
Staff Training 354.82
Storage 2,218.00
Stripe Fees 82.51
Subscriptions 226.05
Telephone & Internet 6,558.51
Travel - National 1,769.83
Total Operating Expenses 62,190.90
Net Profit/(Loss) 3,679.73
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Sherwood Park Hall CIO Income and Expenditure Account
For the year ended 8 November 2025
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Unrestricted Restricted
Account 2025
Funds Funds
Income
Funding:
- Donations including interest income & Gift Aid 0 0 0.00
- Grants 74,090.47 74,090.47
Sales (Tutors Hall hire, Party Packages, etc) 51,522.67 51,522.67
Total Income 51,522.67 74,090.47 125,613.14
Less Expenditure
Advertising & Marketing 5,424.57 5,424.57
Audit & Accountancy fees 6,375.20 6,375.20
Bank Fees 190.37 190.37
Cleaning 872.79 872.79
Consulting 6,788.85 6,788.85
Credit Card Control Account (648.79) (648.79)
Direct Expenses 4,501.00 25,900.39 30,401.39
Direct Labour 12,451.60 19,624.52 32,076.12
Directors' Loan Account - FA 400.00 400.00
Entertainment-100% business 802.29 802.29
General Expenses 67.11 67.11
Health Safety and Environment 357.24 357.24
Insurance 1,423.95 1,423.95
IT Software and Consumables 2,987.82 2,987.82
Less Provision for Doubtful Debts (920.00) (920.00)
Light, Power, Heating 1,441.00 3,000.00 4,441.00
Office Expenses 90.96 90.96
PayPal Fees 68.01 68.01
Postage, Freight & Courier 213.94 213.94
Printing & Stationery 367.07 367.07
Rates 2,365.04 2,365.04
Rent 3,735.30 3,735.30
Repairs & Maintenance 4,589.67 2,800.00 7,389.67
Rounding - 30.00 (30.00)
Salaries 3,972.00 3,972.00
Staff Training 354.82 354.82
Storage 2,218.00 2,218.00
Stripe Fees 82.51 82.51
Subscriptions 226.05 226.05
Telephone & Internet 6,558.51 6,558.51
Travel - National 1,769.83 1,769.83
Wages Payable - Payroll 57.55 57.55
Total operating costs/ charitable expenses 61,641.10 58,838.07 120,479.17
Surplus (Deficit) (10,118.43) 15,252.40 5,133.97
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Plus Other Cash Movements
| Less- Barclays Bounceback Loan BBL | (809.17) |
|---|---|
| Less- Refundable Deposit | (150.00) |
| Total Other Cash Movements | (959.17) |
| Net Fund Movement | 4,174.80 |
| Summary | |
| Opening Balance (From Sherwood Park Hall CIC) | 16,536.37 |
| Plus Net Cash Movement | 4,174.80 |
| Cash Balance | 20,711.17 |
Statement of Financial Position
Sherwood Park Hall CIO As at 8 November 2025
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Account 8 Nov 2025
Assets
Fixed Assets
Tangible Asset 117,542.00
Less Accumulated Depreciation on Leasehold Improvements (11,755.00)
Office Equipment 3,485.04
Less Accumulated Depreciation on Office Equipment (2,975.00)
Total Fixed Assets 106,297.04
Bank
METRO BANK- Sherwood Park Hall CIO 19,668.35
METRO Bank- Sherwood Park Hall Operational Account 363.97
PayPal 678.85
Total Bank 20,711.17
Current Assets
Accounts Receivable 11,928.75
Less Provision for Doubtful Debts (920.00)
Total Current Assets 11,008.75
Total Assets 138,016.96
Liabilities
Current Liabilities
Credit Card Control Account 1,501.89
Wages Payable - Payroll (57.55)
Total Current Liabilities 1,444.34
Non-current Liabilities
Barclays Bounceback Loan BBL 4,614.31
Total Non-current Liabilities 4,614.31
Total Liabilities 6,058.65
Net Assets 131,958.31
Funds
Current Year Surplus/(Defit) 3,679.73
Opening Unrestricted Funds (from Sherwood Park Hall CIC) 128,278.58
Total Funds 131,958.31
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Sherwood Park Hall CIO Notes to the Financial Statements
For the year ended 8 November 2025
1 General Information
The charity was incorporated as a Charitable Incorporated Organisation (CIO) on 8 November 2024 . On this date, the assets, liabilities and operations of Sherwood Park Hall CIC were transferred to the CIO. This transfer has been accounted for in accordance with the Charities SORP (FRS 102).
Assets and liabilities transferred from the CIC have been recognised at their historical carrying amounts, representing a continuation of the underlying activities. The net assets transferred form the opening fund balances of the CIO.
2 Basis of Preparation
The financial statements are prepared under:
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FRS 102 (The Financial Reporting Standard applicable in the UK and Republic of Ireland) - Charities SORP (FRS 102)
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Charities Act 2011
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Using the historical cost convention.
Income Recognition
Income is recognised when the charity is entitled to the income, receipt is probable, and the amount can be measured reliably.
Expenditure Recognition
Expenditure is recognised when incurred and allocated to activities based on direct costs and appropriate apportionment of support/overhead costs.
Fixed Assets
Fixed assets transferred from the CIC are recognised at their existing book value. Depreciation is charged to allocate the cost of assets to their useful lives on a straight-line basis.
Fund Accounting
Funds transferred from the CIC at inception form the opening unrestricted (or restricted, where applicable) fund balances of the CIO.
3 Conversion from CIC to CIO and Transfer of Activities
The charity was registered on 8 November 2024 as a Charitable Incorporated Organisation.
On this date, it received the assets, liabilities and ongoing activities of Sherwood Park Hall CIC , a Community Interest Company. The CIC’s accounting period ended on 8 November 2024 . Assets and liabilities were transferred at book value as follows:
Assets transferred 08-Nov-24 Fixed assets (Net) 109,345.04 Cash 16,536.37 Debtors 9,223.75
| Total assets | 135,105.16 |
|---|---|
| Liabilities transferred | |
| Creditors (Short term) | 1,403.10 |
| Long-term Liabilities | 5,423.48 |
| Net assets transferred | 128,278.58 |
These amounts form the opening fund balances of the CIO.
4 Related Party Transactions / Trustees’ Remuneration
No trustee received remuneration during the year. Trustees’ reimbursed expenses totalled £Nil
Related party transactions during the year were “None” .
5 Going Concern
The trustees have assessed the charity’s financial position and expect that available resources are sufficient to continue in operational existence for at least 12 months from approval of these accounts.
Independent examiner's report on the accounts
Section A Independent Examiner’s Report Report to the trustees SHERWOOD PARK HALL CIO On accounts for the year 08.11.2025 Charity no 1210866 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 08 / 11 / 2025 .
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content 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.
Date: 01.12.2025
Signed: Name: MUTIU ADEBUKOLA ADEJUMOBI Relevant professional Institute of Chartered Accountants in England and Wales (ICAEW) qualification(s) or body ACA (41412371) (if any): Address: 39 Chatsworth Road Croydon
1
Oct 2018
IER
CRO 1HF
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
Oct 2018
IER