2026-01-31-accounts - Mortlake Community Association

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Mortlake Community Association Annual Report and Accounts – 2025/6

	CONTENTS	CONTENTS	PAGE
1	*Legal and Administrative Information*		3
2	*Foreword from the Chair*		4
	2.1	Introduction	5
	2.2	Overview	5
	2.3	Income and Expenditure Account	6
	2.4	Balance Sheet	6
	2.5	Notes to the Financial Statements	7
	2.5.1	Note 1 – Income	7
	2.5.2	Note 2 – Expenditure (Direct Costs)	7
	2.5.3	Note 3 – Fixed Assets	8
	2.5.4	Note 4 – Current Assets	8
	2.5.5	Note 5 – Current Liabilities	8
	2.5.6	Notes 6 – Reserves	8
	2.5.7	Note 7 – Donations and Other Income Received	9
	2.5.8	Note 8 - Restricted Funds	9
	2.5.9	Note 9 – Grants	10
	2.5.10 Note 10 - Expenditure (Direct Costs and Overhead Allocation)		11
	2.5.11 Note 11 – Balance Sheet and P&L to 31stDec 2025		12
3	*MCA Financial Position as at Conversion to CIO*		13
4	*Independent examiner’s report to the trustees of the Mortlake Community Association 14*
	4.1	Respective responsibilities of trustees and examiner	14
	4.2	Basis of independent examiner’s report	14
	4.3	Independent examiner’s statement	14

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

1 Legal and Administrative Information

(CIO) Charity Number 1211057

Changed from 282067 on conversion to CIO

Executive Committee and Trustees

Francine Bates Robert Orr Ewing (Hon Treasurer) Mary Eaton Geri Cox Johnny Weir MCA Director Timea Fabian

Governing Instrument Charity Commission for England and Wales Approved amended constitution 19 March 2001 Principal Address St Mary the Virgin C of E Church Mortlake High Street. London SW14 8JA Bankers Barclays plc PO Box 13 8 George Street, Richmond, TW9 1JU

Independent Examiner J D Blythe FCA Sampson Fielding 206 Upper Richmond Road West London SW14 8AH

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2 Foreword from the Chair

It has been another very busy year at MCA as we continue to grow. We continue to offer activities and services in partnership with other local agencies to ensure we meet the needs of users in Mortlake and surrounding areas. We are delighted to have established a Service Users Advisory Group this year, offering us advice on how to develop MCA for the community and their views have been very influential. We continue to provide core activities led by experienced tutors to engage our community such as our Art class and Singing Group as well as offering more bespoke opportunities to take part whether it is learning chess or how to knit. We are committed to measuring the quality of our services and regularly survey our users and partners. We are very pleased to report that our satisfaction ratings are high, and our community supports the work we do.

At the end of the year, MCA took a big step and finally merged with the charity that has owned Mortlake Hall since 1988. This means that MCA has achieved one of its key strategic goals which is to secure a permanent base and create a community centre in the heart of Mortlake. This process has taken time, largely due to the complexity of charity law, but both sets of trustees worked closely together to bring about this change. As a result, MCA has now taken complete ownership of the historic Mortlake Hall. By coming together as one charity, we now have a wonderful opportunity to develop and create a multi-purpose community centre for everyone in Mortlake. I am delighted to welcome Kate Woodhouse and Liz Blythe, former trustees of Mortlake Hall, to the MCA Board. Together we will develop a post-merger implementation plan in 2026 and seek funding to expand our capacity to develop Mortlake Hall as a fully functioning community centre. My thanks to all the trustees, past and present, who have supported me in my role as Chair, especially our hard-working Treasurer, Robert Orr Ewing. Each of them makes a huge contribution to MCA and our community is very fortunate to have them.

We could not run MCA without our volunteers, Tutors and partner agencies and I am very grateful to everyone who supports us deliver our community programme of activities and events.

Special thanks to our small team of staff, our Director, Caretaker and Admin Assistant, who has worked tirelessly this year to create a happy and inclusive environment for all our users, volunteers and guests.

MCA is very grateful for the ongoing financial support from The Richmond Foundation who provide an essential grant to meet our core costs. Their funding has helped us to sustain and grow our activities, increase staff resources as well as pave the way for our merger with Mortlake Hall.

Lastly, we also remain very grateful to our local ward Councillors who support our work and more generally, London Borough of Richmond upon Thames who provide funding for our Community Hub enabling the community to come together for a light meal every week.

Francine Bates, Chair April 2026

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

Financial Statements

2.1 Introduction

The Income and Expenditure Account, the Balance Sheet and accompanying notes for the period 1st Jan. 2025 to 31st Jan 2026 are set out below. The financial year was extended by one month to align with the merger with Mortlake Hall. A summary of the charity’s position as at 31[st] December 2025 has been included to provide a 12-month comparison of results (See Note 11)

The Charity has considered the key risks to which it might be exposed whilst carrying out its activities and obligations, and has appropriate systems and financial procedures in place to mitigate those risks.

2.2 Overview

Overall, the charity maintains a strong financial position, with a three-year commitment from Richmond Foundation to support our core costs.

As at 31st January 2026, MCA’s reserves have increased by 3% to £54,554 (2024: £52,762) (Notes 6 & 8). There are £22,038 restricted reserves (of which £13.182 has been set aside for funding a permanent base for MCA ) and £32,516 free reserves.

Total income recognised in the 13 months increased to £94,200 (2024: £65,920). Over the 12-month period, income was up by 42%. Richmond Foundation increased its core funding for MCA (for a 3-year period) to circa £40k. In addition, MCA continued to receive grants from LBRUT for the Mortlake Community Hub (£12,422) and from Awards for All to support the cost of deliver our activities. We are grateful for the receipt of donations from W Grant (tapestry project), Albert Hunt Fund (Salary and overheads), Friends of Barnes Hospital (gentle exercise), Barnes Fund (various project) Barnes Literary Society (Christmas Fair) and the Parish Consultative Committee.

MCA’s own fundraising was level at £2,710 and income from participants contributions was up by 10% at £8,962.

MCA’s operational expenditure increased by 37% to £92,408. Over the 12-month period to December 2025, expenditure was up by 28%. Activity expenditure was up 24% at £25,252 reflecting an increase in the activities (Your Community Weekend and Mortlake Mash Up were additions) and an increase in the delivery costs.

Employee costs increased by 29% (15% over the 12-month period) reflecting an increase in employment costs and the new role administration role. There was an increase (at £9,714) in the expenditure on expert legal advice (planning and strategy costs) to support our conversion to an CIO and the merger preparation activities with Mortlake Hall.

Net Assets (Notes 3, 4 & 5) were up to £54,554 (2024: £52,762)

CIO Conversion. As at 1[st] September the charity converted to a CIO. The financial position of the charity at this date is summarised in section 3.

Robert Orr Ewing, Hon. Treasurer

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.3 Income and Expenditure Account

.3 Income and Expenditure Account
Notes Income 1 Income (MBCG) Expenditure 2 Transfer to MBCG Net Income/(Expenditure) Fund Balance Brought Forward Fund Balance Carried Forward	13 months to Jan 2026 £ 94,200 (92,408) 1,792 52,762 54,554	Year to 31 Dec. 2024 £ 65,920 32,953 (67,663) (35,973)
		(4,763) 57,525 52,762

2.4 Balance Sheet

Notes Fixed Assets 3 Current Assets 4 Current Liabilities 5 Net Assets Represented by General Fund (Restricted) General Fund Unrestricted Total 6	As at 31 Jan. 2026 £ 2,153 104,231 (51,830) 54,554 22,038 32,516 54,554	As at 31 Dec. 2024 £ 1,795 122,832 (71,865)
		52,762
		27,199 25,563 52,762

Approved by:

(Chair)

(Treasurer)

April 2026

The Accounts have been prepared on the “accruals” basis to properly reflect the income and expenditure relating to the accounting period.

Fixed assets are capitalised in the balance sheet and depreciated over three years with a full year of depreciation charged in the year of acquisition.

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.5 Notes to the Financial Statements

2.5.1 Note 1 – Income

Notes Donations and Other Income 7 Donations (Held for MBCG) Bank Interest Grants 9 2.5.2 Note 2 – Expenditure (Direct Costs) Notes Frequent Community Activities Gentle Exercise Community Singing Drawing Mortlake Tapestry Mortlake Community Hub Other Activities and Events Fairs & Tea Parties Outings and Trips Other Activities Expenditure on MCA Activities Employee Costs (incl. recruitment and travel) Depreciation Planning and Strategy Administration MCA Operational Expenditure 10 Brewery Expenditure on behalf of MBCG Total Expenditure	13 months to Jan 2026 £ 13,967 4,094 76,139 94,200 13 months to Jan 2026 £ 2,694 3,596 1,466 1,895 10,117 1,712 1,273 2,499 25,252 54,283 1,076 9,714 2,083 92,408 92,408	Year to 31 Dec. 2024 £ 20,997 32,953 1,704 43,219 98,873 Year to 31 Dec. 2024 £ 2,516 2,696 1,407 1,688 8,259 1,216 1,541 961
		20,284 42,218 897 2,275 1,989
		67,663

		35,973
		103,636

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.5.3 Note 3 – Fixed Assets

Notes Computer Equipment Fixtures and Fittings .5.4 Note 4 – Current Assets Notes Current Account Deposit Account Cash Debtors .5.5 Note 5 – Current Liabilities Notes Creditors Deferred Income	13 months to Jan 2026 £ 1,568 585 2,153 13 months to Jan 2026 £ 52,906 51,225 100 104,231 13 months to Jan 2026 £ 51,830 51,830	Year to 31 Dec. 2024 £ 918 877 1,795 Year to 31 Dec. 2024 £ 32,732 90,000 100 122,832 Year to 31 Dec. 2024 £ 1,996 69,869 71,865

2.5.4 Note 4 – Current Assets

2.5.5 Note 5 – Current Liabilities

2.5.6 Notes 6 – Reserves

The Association’s reserve policy is to maintain sufficient funds to operate the Charity for approximately nine months if all sources of income are withdrawn.

Notes Restricted Funds 8 Free Reserves (Including Fixed Assets, Salary and Operating funds) MCA Reserves	13 months to Jan 2026 £ 22,038 32,516 54,554	Year to 31 Dec. 2024 £ 27,199 25,563
		52,762

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.5.7 Note 7 – Donations and Other Income Received

During the 13 months to 31[st] January 2026 donations have been gratefully received from the following organisations:

Donor	13 months to Jan 2026 £ 8,962 2,710 261 34 1,000 750 250 13,967 13,967	Year to Dec 2024
Contributions from Participants MCA Fundraising Gift Aid Easy Funding Friends of Barnes Hospital Donation Mortlake PCC Barnes Literary Society W Grant National Grid Twickenham Rotary Club Other Donations - MCA MCA Donations and Income Rec'd Other Donations - (for MBCG) Total Received		£ 8,117 2,464 357 71 2,488 1,000 500 1,000 5,000
		20,997
		32,953 53,950

2.5.8 Note 8 - Restricted Funds

In accordance with the restricted use of some grants, the Association maintains several restricted funds. The balances of these at end of the financial year are detailed below.

Mortlake Hub Investing for the Future Barnes Literary Fund Mortlake Tapestry Mortlake Mash Up Community Centre Week Awards for All Fund Total of MCA Restricted Funds	31 Jan. 2026 3,741 13,182 153 738 252 444 3,528 22,038	31 Dec. 2024 2,545 22,896 323 96 1,339 27,199

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.5.9 Note 9 – Grants

The Association is most grateful for the grants awarded during the 13 months ended 31 January 2026 from the following organisations:

Source of Funds	13 months to Jan 26 Project/Purpose £	13 months to Jan 26 Project/Purpose £	Year to Dec 31 2024 £ 39,626 3,000 5,000 12,422 19,389
Richmond Foundation Barnes Fund Barnes Fund Albert Hunt National Lottery LBRUT (Cost of Living) Awards For All Friends of Barnes Hospital W Grant	41,610 Salary and administrative costs Core Funding 3,500 Project funding - Various 5,000 Overhead Funding 1,350 Intergenerational Board Games 5,000 MCA Hub Overhead Costs for Events 1,140 Gentle Exercise Mental Health 500 Mortlake Tapestry
Total Grants Awarded	58,100
			79,437

Plus Grants Deferred from 2025	Plus 69,869 Grants Deferred from ‘24
			33,651

Less Grants Deferred to 2027	Less
	-51,830	Grants Deferred to 2026	-69,869
			0
Less Accrued Income	Less 0 Accrued Income
			43,219
Grant Income Recognised in 2026	76,139 Grant Income Recognised in 2025

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.5.10 Note 10 - Expenditure (Direct Costs and Overhead Allocation)

A proportion of the employee costs and all the administrative costs have been allocated to the community projects to demonstrate the full cost of delivering project activities.

Community Activities Gentle Exercise Community Singing Drawing Mortlake Tapestry Mortlake Hub Other Activities and Events Fairs & Tea Parties Outings and Trips Other Activities Total Expenditure on Community Events including Indirect Cost Allocation Direct Employee Costs (after Cost Allocation) Depreciation Planning and Strategy Total Expenditure	13 months to 31 Jan. 2026 Year to 31 Dec. 2024 Including Management Costs Including Management Costs £ £ 4,671 4,561 4,860 3,880 2,580 2,439 2,322 2,033 20,359 20,366 1,944 1,639 1,378 1,704 2,739 1,055
	40,853 37,677
	40,765 26,814 1,076 897 9,714 2,275 92,408 67,663

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

2.5.11 Note 11 – Balance Sheet and P&L to 31[st] Dec 2025

The following tables have been included to provide a 12-month comparison of the MCA accounts. The two periods are 1[st] Jan 2024 to 31[st] Dec 2024 and 1[st] Jan 2025 to 31[st] Dec 2025

Income and Expenditure

Income Income (MBCG) Expenditure Transfer to MBCG Net Income/(Expenditure) Fund Balance Brought Forward Fund Balance Carried Forward Balance Sheet Fixed Assets Current Assets Current Liabilities Net Assets Represented by General Fund (Restricted) General Fund Unrestricted Total	Year Ended 31 December 2025 2024 £ £ 93,359 65,920 32,953 (86,431) (67,663) (35,973) 6,928 (4,763) 52,762 57,525 59,690 52,762 As at 31 December 2025 2024 £ £ 2,153 1,795 113,833 122,832 (56,296) (71,865) 59,690 52,762 22,819 27,199 36,871 25,563 59,690 52,762	Year Ended 31 December 2025 2024 £ £ 93,359 65,920 32,953 (86,431) (67,663) (35,973) 6,928 (4,763) 52,762 57,525 59,690 52,762 As at 31 December 2025 2024 £ £ 2,153 1,795 113,833 122,832 (56,296) (71,865) 59,690 52,762 22,819 27,199 36,871 25,563 59,690 52,762
		52,762
		27,199 25,563 52,762

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

3 MCA Financial Position as at Conversion to CIO

On 1st September the MCA converted from a charity to a Charity Incorporated Organisation (CIO). The three tables below summarise the charity’s financial position as at that date.

Table 1. Analysis of principle SoFA components for the period 1[st] Jan 2025 to 31[st] August 2025

----- Start of picture text -----
MCA "The CIO" Charity
MCA "The Charity" Combined total
(Pre- (post-conversion to
(Pre-conversion to CIO) (CIO)
conversion) CIO)
Total Income (less Deferred) £ 62,858 £ 62,858
Total Expenditure £ 55,316 £ 55,316
Net Income/(Expenditure) £ 7,542 £ 7,542
Other gains/(losses)
Net movement in funds £ 7,542 £ 7,542
----- End of picture text -----

Table 2. Analysis of the principal SoFA components for the previous reporting period (1[st] Jan 2024 to 31[st] Dec 2024)


		MCA "The CIO"	CIO Combined total
	MCA "The Charity"

Total Income	£ 98,873	£ -	£ 98,873
Total Expenditure	£ 103,636	£ -	£ 103,636
Net Income/(Expenditure)	-£ 4,763	£ -	-£ 4,763
Othergains/(losses)	£ -	£ -	£ -
Net movement in funds	-£ 4,763	£ -	-£ 4,763
Total funds brought forward	£ 57,525	£ -	£ 57,525
Total funds carried forward	£ 52,762	£ -	£ 52,762

Table 3. Analysis of net assets at the date of conversion (1[st] Sept 2025)

----- Start of picture text -----
MCA "The Charity"
MCA "The CIO" CIO Combined
(Pre-conversion to
(Pre-conversion) total
CIO)
Net Assets £ 83,283 £ - £ 83,283
£ - £ -
Represented by: £ - £ -
Unrestricted funds £ 59,123 £ - £ 59,123
Restricted income funds £ 24,160 £ - £ 24,160
Endowment funds £ - £ -
Total Funds £ 83,283 £ - £ 83,283
----- End of picture text -----

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057

4 Independent examiner’s report to the trustees of the Mortlake Community Association

I report on the accounts of the Mortlake Community Association for the 13-month period ending 31 January 2026, set out on pages 6 to 13.

4.1 Respective responsibilities of trustees and examiner

As the charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to examine the accounts under section 145 of the 2011 Act, follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and state whether particular matters have come to my attention.

4.2 Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

4.3 Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J D Blythe FCA 206 Upper Richmond Road West, London, SW14 8AH April 2026

MCA 2025/26 Annual Report and Accounts Charity Number: 1211057