WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **Registered Charity Number 265412** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED** **31st MARCH 2025** Page 1 WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **BALANCE SHEET** at 31 March 2025 |Notes
**FIXED ASSETS**
11
Leasehold premises
Furniture and ftngs
Total fxed assets
**CURRENT ASSETS**
Stock
7
Trade Debtors
10
Prepayments
10
HSBC Bank account
Cash in hand
8
Stripe
Virgin Money account
COIF deposit account
Total current assets
Creditors and accruals
9
Future Liabilites - Bounce Back
12
**REPRESENTED BY:**
**ACCUMULATED FUND**
As at 31 March 2025
Net proft and loss at 3st March 2025
At 31 March 2025
**RESERVE FUNDS**
Major Repairs
18
______________________________________
Less:**CURRENT LIABILITIES**|**2025**
2024
£
£
£
£
**2,443**
**2,733**
**12,235**
**12,094**
**14,678**
**14,827**
**4,866**
**5,091**
**2,672**
**2,761**
**1,340**
**577**
**9,135**
**4,206**
**250**
**250**
**619**
**171**
**525**
**520**
**40,418**
**43,268**
**59,825**
**56,845**
**14,586**
**8,542**
**14,586**
**8,542**
**£59,917**
**63,130**
**4,742**
**7,632**
**55,175**
**55498**
**32,785**
**32,801**
**2,390**
**2,697**
**35,175**
**35,498**
**20,000**
**20,000**
**55,175**
**55,498**
Hon. Chairman|**2025**
2024
£
£
£
£
**2,443**
**2,733**
**12,235**
**12,094**
**14,678**
**14,827**
**4,866**
**5,091**
**2,672**
**2,761**
**1,340**
**577**
**9,135**
**4,206**
**250**
**250**
**619**
**171**
**525**
**520**
**40,418**
**43,268**
**59,825**
**56,845**
**14,586**
**8,542**
**14,586**
**8,542**
**£59,917**
**63,130**
**4,742**
**7,632**
**55,175**
**55498**
**32,785**
**32,801**
**2,390**
**2,697**
**35,175**
**35,498**
**20,000**
**20,000**
**55,175**
**55,498**
Hon. Chairman| |---|---|---| |||| |||**63,130**
**7,632**| |||**55498**| |||**32,801**
**2,697**| |||**35,498**
**20,000**| |||**55,498**| |||| ______________________________________ Hon. Treasurer Date __________________________________ The notes of pages 4 to 9 form part of these Financial Statements Page 2 WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025** |Notes
**INCOME**
Membership subscriptons
Donatons
Deposits
Parish Council
Interest received
Facilites and Bar Service
Community Centre hire fees ( net - refunds)
Social events (net)
13
Trading - bar (net)
14
PV panels
**EXPENDITURE**
Community Centre rent and rates
Community Centre cleaning
Community Centre energy and water
Telephone & broadband
Community Centre repairs and maintenance
Administraton including insurance, PRS, Poste
Credit card facility+fees=interest
Communiqué (net)
16
Wingrave and Rowsham Directory
Donatons
Community grants
3
Depreciaton
11
**(EXCESS OF EXPENDITURE OVER INCOME)**
Transfer to Major Repairs Reserve Fund
18
**SURPLUS/(DEFICIT) FOR THE YEAR**|**2025**
2024
£
£
£
£
590
1,709
26
22
950
500
5,000
5,000
2,107
1,961
2,272
1,662
20,913
18,101
21,510
25,958
5,115
5,171
1,200
1,062
**59,683**
61,145
**222**
186
**16,716**
14,525
**10,749**
10,074
**866**
773
**20,167**
20,959
**4,165**
2,769
**2,037**
1,464
**1,044**
6,852
**0**
320
**1,542**
1,000
**0**
0
**2,159**
2,134
**59,667**
61,056
**16**
88
**0**
0
**16**
88|**2025**
2024
£
£
£
£
590
1,709
26
22
950
500
5,000
5,000
2,107
1,961
2,272
1,662
20,913
18,101
21,510
25,958
5,115
5,171
1,200
1,062
**59,683**
61,145
**222**
186
**16,716**
14,525
**10,749**
10,074
**866**
773
**20,167**
20,959
**4,165**
2,769
**2,037**
1,464
**1,044**
6,852
**0**
320
**1,542**
1,000
**0**
0
**2,159**
2,134
**59,667**
61,056
**16**
88
**0**
0
**16**
88| |---|---|---| |||| |||88
0| |||88| Page 3 WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025** ## **1. Accounting policy** The following accounting policies have been used consistently in dealing with items which are considered material in relation to the charity's financial statements: ## **Basis of accounting** The financial statements have been prepared in accordance with Financial Reporting Standard for Smaller Entities and follow recommendations in Statement of Recommended Practice - Accounting by Charities. ## **Covenants and donations** These comprise amounts receivable during the year. ## **Income tax recovered (Gift Aid Refund)** These comprise tax recoverable on covenants and donations. ## **Value added tax** The charity is not registered for value added tax. The figures in these accounts are therefore inclusive of value added tax where applicable. |||**2025**||2024|| |---|---|---|---|---|---| |**2. Trustees**||£||£|| |Remuneraton and other benefts paid to trustees|None||None||| |Transactons undertaken in which a trustee has a|||||| |material interest|None||None||| |**3. Community Grants (Grants to Insttutons)**|||||| |Grants made this year are:|**0**||||0| ## **4. Endowments and Restricted Funds** None ## **5. Investment Assets** Page 4 WINGRAVE COMMUNITY ASSOCIATION 2024-25 None ## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025** |**6. Paid employees**
None
**7. Stock**
**8. Cash**
No pety cash is held. Cash foats for social events.
**9. Creditors and Accruals**
Bar
Tring Brewery
Elizabeth Freedman
Wingrave Players (accural)
Almar
Dayla
Britsh Telecom
EDF
Porch Roof and ceiling repair (accural)
Britsh Gas Lite
Bucks CC
Harliquin Press
HSBC
Neil Laming
Castle Water Ltd
Wingrave Junior Football
Sheds (accural)
**10. Debtors and Prepayments**
Yoga with Sam
Bar/Credit card payments
Membership Fees
Baby Sensory
Bucks CC
Hannah Stevens
Singalong with Gwen
ZKS Martal Arts
This represents stock for use at social and other
events|**2025**
2024
£
**£**
**4,866**
5,091
**£**
**£**
**250**
250
**£**
**£**
**41**
131
**163**
153
**0**
124
**0**
2,421
**0**
965
**0**
202
**0**
63
**1,338**
486
**0**
4,000
**457**
0
**66**
0
**1,014**
0
**9**
7
**5,120**
0
**1,748**
0
**130**
0
**4,500**
0| |---|---| ||**14,586**
8,542| ||**2025**
**2024**
**£**
**£**
**0**
119
**1.985**
1,337
**0**
110
**0**
358
**249**
0
**115**
0
**0**
179
**0**
372| Page 5 WINGRAVE COMMUNITY ASSOCIATION 2024-25 |PPL/PRS Licence 4/1/25 to 3/1/26 (prepayments)
WCA Event
Natonal Veg Society|**1,340**
577
**323**
190
**0**
96| |---|---| ||**4,012**
3,338| Page 6 WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025** ## **11. Tangible fixed assets and depreciation** **Depreciation is charged in the accounts to write off the value of fixed assets over their effective lifetime.** |**Furniture and ftngs**|**£**|**£**| |---|---|---| |Reducing balance at 15% per year||| |Cost at 1 April 2024||**49,021**| |Additons:||| |BBQ Pro Hendi|**480**|| |Folding Tables|**1820**|| |||**2,300**| |Total cost at 31 March 2025||**51,321**| |Less depreciaton at 31 March 2024||**(36,927)**| |||**14,394**| |Depreciaton for 2024-25||**(2,159)**| |Net book value at 31 March 2025||**12,235**| |**Leasehold premises**||| |Flat rate at 2.2% per year||| |Cost (excluding £4,500 grant received in 1973-4)||**17,658**| |Less depreciaton at 31 March 2024||**(14,925)**| |||**2733**| |Depreciaton for 2024-25||**(290)**| |Net book value at 31 March 2025||**2,443**| |**12. Bounce Back Loan**||| |This loan is Government backed and payable over 10 years||**4,742**| |**13. Social events**||**£**| |Barbecues net income||**6,119**| |Spud nighnet imcome||**1034**| |Bingo net income||**251**| |Other social events and events bars net income||**14,106**| |||**21,510**| Page 7 WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025** |**NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**||| |---|---|---| ||**2025**|2024| |**14. Trading - bar**||| |This fgure is the net income from bar sales for||| |private events, all other bar net income has been||| |allocated to the associated social event.|**5,115**|5,171| |**15. Gross income and expenditure**|**2025**|2024| |Several items of income and expenditure are reported net in the Income and Expenditure account.||| |The total gross income and gross expenditure for the Associaton is:||| |Income|**120,287**|**124,116**| |Expenditure|**115,358**|**123,406**| |**16. Communiqué**|**£**|**£**| |Producton costs|**(8721)**|**(12,231)**| |Less advertsing revenue|**7,677**|**5,378**| |(Cost)/surplus|**(1,044)**|**(6,853)**| |**17. Major Repairs reserve fund**|**£**|| |This fund was established in 2006 to accumulate sufcient funds to pay for major repairs or works||| |which cannot be funded from annual income, for example replacing the heatng system, refeltng||| |the fat roofs, refurbishin the kitchen etc||| |Brought forward from 2023-24|**20,000**|| |Transfer for year|**0**|| ||**0**|| |Balance at 31 March 2025|**20,000**|| |**18. General cash reserve**|**£**|**£**| |The general cash reserve is the net amount of current||| |assets excluding stock, less current liabilites and the||| |amounts allocated to reserve funds.||| |Current assets|**50,947**|**48,416**| |less stock|**(4,866)**|**(5,091)**| |less current liabilites|**(14,586)**|**(8,542)**| |Less Future Libilites|**(4,742)**|**(7,632)**| |less Major Repairs fund|**(20,000)**|**(20,000)**| |Balance at 31 March 2025|**6,753**|**7,151**| Page 8 WINGRAVE COMMUNITY ASSOCIATION 2024-25 ## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025** |**19.. Wingrave Players**
Brought forward from 23-24
Receipts
Interest
Carried forward to 2024-25
WCA holds the funds belonging to Wingrave Players in a
separate account with COIF. This money does not form part
of WCA assets and does not form part of these accounts.
The movements of funds in this account are:|2025
2024
**£**
**£**
3,794
3,618
4,952
0
229
176| |---|---| ||8,975
3,794| Page 9 WINGRAVE COMMUNITY ASSOCIATION 2024-25 **£** _**£**_ ## **HSBC current account** 9,135 |Balance per cash book: 31st March 2024
Total receipts
Total payments
Balance per cash book: 31st March 2025
**Virgin Money Charity Deposit account**
Balance per cash book:
Total receipts
Interest
Total payments
**COIF Charites Deposit Fund account**
Balance per cash book:
Total receipts
Interest
Total Payments
**COIF Deposit account (Wingrave Players)**
Receipts
Interest|9,135| |---|---| ||4,206
120,287
115,358| ||9,135| ||520
5
0| ||525| ||43,268
2,102
4,952| ||40,418| ||3,794
4952
229| ||8,975| Page 10