REGISTERED CHARITY NUMBER: 00265222 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Jackmans Communty Associatlon George Hay Partnership LLP Chartered Accountants Unit1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU George Hay Chartered Accountants
Jackmans Community Association Contents of the Financial Statements for tho Year Ended 31 March 2025 Page Report of the Trustea8 1 to 3 Independent Examinerfs Roport Statsment of Financlal Actlvitie8 Balance Sheet Notes to the Financial Statements 7 to 11 Detailed Statement of Flnancial Actlvitios 12 to 13
Jackmans Community Association Roport of the Trustees for the Year Ended 31 March 2025 The trustees present their report with the financial statements of the charity for the year endg 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Jackmans Community Association exists to provide a venue for the local community and irs surrounding areas to facilitate a happy pla for families and children to go. Page 1
Jacknians Communty A880ciation Report of the Trustees for the Year Ended 31 March 2025 OBJECTIVES AND ACTIVITIES Significant activitles This year has been particularly difficult due to the cost-of-living crisis which has impacted on the community ntre as 8 whole. We have worked hard on implementing new ideas and pushing membership. We have a large Facebook following which helps keep the community up to date on what is going on. We also have a website where people can see what the upcoming events are. There is also a function to check the availability of the hall and altemative available spaces to hire. Booking of these spaces is facilitated via the website therefore reducing the risk of double-booking. The cafe has now closed as it was not economically feasible to conts.nue to provide the service. We have purchased 15 mew tsbles and 20 more chairs so that the community centre can accommodate 100 guests to sit down at functions. New play equipment has been purchased and installed. A safety inspection has been carried out and the equipment has passed this requirement We have sourced new cleaning materials from a new supplier which should lead to efficiencies and cost saving. A new youth club has started up providing a safe Spa for the young people of the community. We have plans for the following events in the near future". - community BBQ - family open day - Halloween paty children's christmas paty Our events prove popular with the community who turn out to use the Jackmans Community Centre. We have also intrOdUd a junior membership for 14-18 year olds. We 8re also looking closely into cost-saving opportunitES for example sourcing cleaning materials from a new supplier which should provide us with significant reduction in costs. We have held multiple events including.. Children's Christmas Paty Farnily Fun Days Easter Celebration Community Barbecues Halloween paty Our events prove popular with the community who tum out and use the Jackmans Community Centre. We are also working closely with Settle Housing to improve the Jackmans Estate with ideas such as a Pantry to provide food for low income families together with the provision of hall hire for clubs and outreach meetings. Publlc beneflt The trustees confinn that they have referred to the guidance contained in the Charity Commission's general guidance on public benefrt when reviewing the aims and objectives and in planning future activvties. currently has 325 members from all over Letchworth and the surrounding areas and provides a soci81 environment Parb'cularly for families and the elderly to encourage social interaction and integration. Page 2
Jackmans Community Assoclation Report of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Reserves pollcy The charity's funds are presently held on general investment (or unrestricted basis) and can be spent on day to day costs and set up expenses for all charttable projects within the objects. FUTURE PLANS The committee is working hard and is committed to improving the centre and the business for the use of the whole community. Our membership has grown and we have a lot of first time members this period. We plan to continue to maintain and invest in the building both in the upkeep and the appearan. We will continue to try and plan actwities that involve the estate and community as a whole. During the current financial climate when people are struggling to meet the costs of day to day life, we will need to pull out all the stops and ty to keep the cost low for the members and people to come to enjoy all that we offer. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constttutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 00265222 Princlpal address Ivel Court Letchworth Hertfordshire SG6 2NL Trustees Mrs J Rickard (appointed 18.10.24) S Wilkinson Executive Committee Ms T Burton Chairperson (resigned 28.4.24) GTGray Ms C Smith (resigned 24.5.24) Ms R Mccoy (resigned 24.5.24) D Collingbourne Ms M Fraser (resigned 1.10.24) N Whiffield (appointed 13.10.24) J Page (appointed 13.10.24) Independent Examlner R C Dilley FCA George Hay Partnership LLP Chartered Accountants Unit1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU Approved by order of the board of trustees on 26 August 2025 and signed on its behalf by: G T Gray- Trustee Page 3
Independent Examinerfs Report to the Trustee8 of Jackmans Community Association Independent examlnerfs report to the trustees of Jackmans Community Assoclatlon I report to the charity trustees on my examination of the accounts of Jackmans Community Association (the Trust} for the year ended 31 March 2025. Responsibilitie5 and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirernents 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 Act and in carying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)(b) of the Act. Independent •xaminorf8 8tatement I have completed my examination. I confirm that no material matters have come to my attention in connèction 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 the accounts do not accord with those records., or the accounts do 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 reqU1ment 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. R C Dilley FCA George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU 20 November 2025 Page 4
Jackmans Community Association Statement of Financlal Activitles for the Year Ended 31 March 2025 2025 Unrestricted fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 20,044 12,793 Other trading activities 74,284 78.259 Total 94,328 91,052 EXPENDITURE ON Raising funds 15.763 23,667 Charitable activltles Running Costs 87,340 88,742 Other 604 Total 103,707 112,409 NET INCOMEI(EXPENDrruRE) (9,379) (21,357) RECONCILIATION OF FUNDS Total funds brought forward 96,237 117,594 TOTAL FUNDS CARRIED FORWARD 86,858 96,237 The notes form part of these financial statements Page 5
Jackmans Community Association Balance Sheet 31 March 2025 2025 Unrestricted fund 2024 Total funds Notes FIXED ASSETS Tangible assets 45,844 59,190 CURRENT ASSETS stocks Debtors Cash at bank and in hand 300 16,185 20,823 21,041 19,973 41,014 37,308 CREDITORS Amounts falling due within one year <261) NET CURRENT ASSETS 41,014 37,047 TOTAL ASSETS LESS CURRENT LIABILITIES 86,858 96,237 NET ASSETS 86,858 96,237 FUNDS Unrestrrcted funds 86,858 96,237 TOTAL FUNDS 86,858 96,237 The financial statements were approved by the Board of Trustees and authorised for issue on 26 August 2025 and were signed on its behalf by: G T Gray- Trustee D Collingboume - Trustee The notes form part of these financial statements Page 6
Jackmans Community Association Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparlng the flnancial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Staternent of Recommended Practice applrcable to chartties preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convents'on. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be reiVed and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent wrth the use of resources. Tanglble fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property Plant and machinery Fixtures and fittings Computer equipment 1 Ooh on cost 25 % on reducing balance 25 % on reducing balance 33°/o on reducing balance Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving item5. Taxation The charity is exempt from tax on its charitsble activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purp)se of each fund is included in the notes to the financial statements. Page 7 continued..
Jackmans Community Association Notss to the Financial Statements - continued for the Year Ended 31 March 2025 OTHER TRADING ACTIVITIES 2025 2024 Bingo & Raffle Confectionery Private Hire BBQ & Fun Days Cafe Takings Miscellaneous Income Rent Received from Vennskap 556 514 223 48,459 1.313 12,328 342 15,080 48.680 9,571 397 15,080 74,284 78,259 TRUSTEES. REMUNERATION AND BENEFITS There Vre no trustees, remuneration or other benefrts for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There vRre no trustees, expenses paid for the yaar ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FRONI Donations and legacies 12,793 Other trading activities 78,259 Total 91,052 EXPENDITURE ON Raising funds 23.667 Charltable activltias Running Costs 88.742 Total 112,409 NET INCOMEI{EXPENDITURE) (21.357) RECONCILIATION OF FUNDS Total funds brought forward 117,594 TOTAL FUNDS CARRIED FORWARD 96,237 Page 8 continued...
Jackmans Communty Association Notes to the Financlal Statements - Contlnued for the Year Ended 31 March 2025 TANGIBLE FIXED ASSETS Improvements Fixtures and fittings Plant and machinery property Computer equipment Totals COST At 1 April 2024 Addits'ons Disposals 155,829 23,677 3,444 34,802 3,396 (1,320) 214,308 7.170 (1,320) 330 At 31 March 2025 155,829 27,121 36,878 330 220,158 DEPRECIATION At 1 April 2024 Charge for year Eliminated on disposal 110,041 15,583 16,435 2,529 28,642 1.777 (716) 155,118 19.912 (716) 23 At 31 March 2025 125.624 18.964 29,703 23 174.314 NET BOOK VALUE At 31 March 2025 30,205 8,157 7,175 307 45,844 At 31 March 2024 45,788 7,242 6,160 59.190 STOCKS 2025 2024 Stocks 300 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Other debtors 21,041 16,185 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors 261 MOvEmEr IN FUNDS Net movernent in funds At 1.4.24 31.3.25 Unrestrfcted funds General fund 96,237 (9,379) 86,858 TOTAL FUNDS 96,237 {9,379) 88.858 Page 9 continued...
Jackmans Community Association Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS - contlnued Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 94.328 (103,707) (9,379) TOTAL FUNDS 94,328 (103,707) (9.379) Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestrithd funds General fund 117,594 (21,357) 96,237 TOTAL FUNDS 117,594 (21,357) 96,237 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 91,052 (112,409) (21,357) TOTAL FUNDS 91,052 (112,409) (21,357) A current year 12 months and prior year 12 months combined position is as ft)Ilows.' Net movement in funds At 31.3.25 At 1.4.23 Unrestrlcted funds General fund 117,594 (30.736) 86,858 TOTAL FUNDS 117,594 (30,736) 86.858 Page 10 continued...
Jackmans Community Association Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 montt)s combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 185.380 (216.116) (30,736} TOTAL FUNDS 185,380 (216,116) {30,736) 10. RELATED PARTY DISCLOSURES The charity has taken advantage of exempts'on, under the terms of Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland., not to disclose related party transactions. Page11
Jackmans Community Association Detailod Statement of Flnancial Activities for the Y•ar Ended 31 March 2025 2025 2024 INCOME AND ENDOWMENTS Donations and legacies Gifts Grants Memberships Pool Income Door rnoney Christmas and New Year {1) 9,930 1.683 7,907 205 320 5.450 2,509 3,925 359 550 20.044 12,793 Other trading activities Bingo & Raffle Confectionery Private Hire BBQ & Fun Days Cafe Takings Miscellaneous Income Renl Received from Vennskap 556 514 223 48.459 1,313 12,328 342 15,080 48,680 9,571 397 15,080 74,284 78,259 Total incomlng resources 94,328 91,052 EXPENDITURE Other tradlng actlvltles OFening st(k Cafe Purchases Cafe Wages Bad debts Closing stock 300 3,414 11.632 417 300 6,972 12,494 4.201 (300) 15,763 23,667 Charitable actlvities Wages Rates and vRter Insurance Light and heat Event Expenses PosVStationerylPhone Sundries Repairs & Renewals Property Expenses Improvements to propety Plant and machinery Fixtures and fittings Computer equipment 17,172 12.342 712 14,266 1,692 928 5.203 2,246 3.955 15,583 2.529 1,777 23 21,141 7,160 1,283 12,255 3,876 936 3,996 3.614 6,649 15,584 1,516 2,053 78,428 80,043 This page does not fom part of the statutory financial statements Page 12
Jacknians Community Association Detalled Statement of Financlal Actlvltles for the Year Ended 31 March 2025 2025 2024 Charitable actlvlties othor Loss on sale of tangible fixed assets Support costs Management Bank Charges 804 293 114 Governance costs Legal fees (Croner) Accountancy 7,459 1,160 7,485 1,100 8,619 8,585 Total resources expend 103,707 112,409 Net expenditure (9,379) (21,357) This page does not form part of the statutory fi'nancial ststements Page13