8LUEHOUSE FARM COMMUNrrY ASSOCIATK)N FINANCIAL sfATEMEpirs 31 DECEMBER 2024 Charity Numbw 265499 Cnah Goktsvthy 12 Station Ccrtjrt Wid(ford Essex SS117AT
BLUEHOUSE FARM COMMUNrrY ASSOCIATION FINANCIAL STATEMEKrs YEAR ENDED 31 DECEMBER 2024 Balance sheet Notes kn th& ffin8ni?al ststeme 13
ChaImn Oavld knSth Vke Chaimian 14n Mune Luke Sa¥ laura aack ColFn Ki Sarah Aorél Becky Paynter Denile Ott PRTrKIPAL ADDRESS thn Llnk SSIS SLIH INDEPENDANTEXAMINER E C Porker F.GCA 55117AT UN$ Metro Bank
TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 year wrf19d 31 0fib8f 2024. OBJECTIVES AND AC71vmES In PlrIng fwf fortho yaw wg tsTityf)ynlThss pthr neightwrhoryl wthxrt Ok8ts"rKXKX) cl of (al. or otheroFxrMons by assoclaling th8 krAI faulities in iftt8rests of se¢Éai welFare to weatrA) L*ure witt) obie(# OF impwThJ thè ¥e forthe sa•J to e5 Or swre Ihe 8stsbthm8nt of a rAJmmuniry Iwtre. RESERVES POUCY Charty not award tho yaw. PAGE 2
BLUEHOUSE FARM COMMUNffY ASSOCIATION TRUSTEE% ANNUAL REPORT. (contlnued) YEAR ENDED 31 DECEMBER 2024 THE TRUSTEES RESPONSI8ILmES OFTHE TRUSTEES The ChareS Act rewires ts Trustees to wepare fuwKial ststemertts each lin81 year which give a and fair view ofthe stat¢ otthe dwity at the the of thè surplus or defiCnCY for the year Ihen ended. In preparing th0$6 finan¢s81 sktÈments. thè Trtee$ are reryirnd to sal8ca tabl0 attounting poli¢tAS. as descrfbed on Foge 7. and then awty them on a 1$tont basts, maW judgomgnts and esiimates that aTÈ prrtt and renab. Thé Trustees m1 abo pr¥r8 the financial atgments the gong ¢onGem basis urdess it i8 rwfc4)riate to presume that thè dlarity I[ continue in business. The Tn06$ are responsfde for keeping prcw &countirrfJ r8c(yits which dBcI[e wllh reastyble accuracy * anytima the of the tharity and to gnae th8m to ensure that the fIrnGla1 Slatemts csxnpty 7Mth the Charilies Art 2011. The Trustees are also responsible for S81eguarthng the assets of the cartty and herTr reascA sws tor the prevention arKI detect ol fraLKI and other irwu5arTbe& Registered oifice: LaÈndon Link Basiblon Essex SS15 5UH Imil PAGE 3
BLUEHOUSE FARM COMMuIKfY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES YEAR ENDED 31 DECEMBER 2024 I reFQrt the a(s)Ltylts of th8 dwityfor Ihe 31 Decembw 2024. are Set out ( pages5to11. R&8PECTIVE RESPONSLBLmes OF THE TRusfEES MD EXAMINER audit iequirement of Seclion 145 of the Chariti8s Acl 2011 (the A) th)es appty. It is my responsibilty to stale, on the ts$ ol prctedures spetsld in the Generd Ditectv)ns liven by the Charity Comrnissthays uThleT sect 14515) Ib} d the ACL tsther parti[#r matters have come to my attentr)n. BPXS OF INDEPENDENT EXAMINERE REPORT Commi5SK)ners. An examirwion incbjths a tEview otthe records kepl by the charity a comparison of the a[nts presertyJ wilh th(6e r&))rts. li aLw )nSideratIon of any unusu onceming any such matter3. The prctedures undertak) th) Prov the evid8nt that bè required an auth, and I do IX express an aJIt q)inion vi8w gNen by the INDEPENDEiif EXAIAIMEWS sfATEMENT to Prepare a(Xunts aco)rd tmth the reLYJrts to f))Ybpty h tho requirements Ot tt Act halt been m¢ or to vthth, in my attwrfK) Sj ¢awn w) d0r b 8rMt48 a Fwr uThl8tstandirKJ 12 StaOn COL Ststton AppfO¥ WiCkfd SS117AT E C P*w, F.QCA '. 6Tr ryAY ZèLf PAGE 4
BLUEHOUSE FARM COMMUNITY AssoaATION STATEMEpif OF FINANCNL ACTNMES YEAR ENDED 31 DECEMBER 21Y24 Total Fund¥ 2023 Funds Funds Incoming Resources Aetsmlies lo weiate fun(ts 39.1¢ 133 3.275 Investment irKxyne & itet To*al InCIng Re¥ow5 36,867 36.867 39,244 Cost of generatuig lutmts - Fundraising 8 publicity Direu Ghalltabk expenditure Management & •JmThstratMxi 43,875 43,875 10,228 46.875 1022 Net In¢ominWIOutgoTng) Resources for tho year 10.C(17 10,007 29,016 l Janu¥y 2024 3(Q275 280.259 31 Decemiw 2024 299.268 309,275 PAGE 5
8LUEHOUSE FARM COMMUNrrY ASSOCIATKIN BALANCE SHEEr YEAR ENDED 31 DECEMBER 2024 Flxed Assois Intsnolble Asse Tarybb Assets 1CQ 100 9,687 9.787 137.69) 154,963 143.081 157,157 N* Currgnt As3 291,9)4 309,275 Unrestrirted Resthdwj 10 11 309.275 309.275 Dat•d: i PAGE 6
BLUEHOUSE FARM COMPAUNrrY ASSOCIATION NOTES TO THE HNANCIAL STATEMEiif5 YEAR ENDED 31 DECEMBER 2024 Basis ot Aceountlng 8rdance wilh applcat4e wJunbr@ S[d$. They have been prepared in accordance Iwth the Statomenl ot Prac1ice: Accowiw and RepJting by Chafittes ISORP 2CQ51. issued in March 2005. UK Ao>)unkng StsThJard5 the chariti Act 2011. OV8r the ttselul ectsw1 life ot tst asstha5 follows.. Fbjr8s & fittings Music equiwient In¢omlng Ra8our¢oS InmIng resour frwi all s(Mwces are indudgd ratr. Fund Accounllng Funds heid tyth8 chwity are eithw. Unrestricted general fund5. these are fun(ts wfaGh 1 be used in aGgNdan¢e Mfyth chaTi18blo objects at the dIScreth of ts trustees. future pUfpceS or prr4eca> tho oblects of the itsity. Tax siattis PAGE 7
BLUEHOUSE FARhl COMMUNITY A&8OCIATION NOTES TO THE FINANCIAL sfATEMEpifs. (wfttnued) YEAR ENDED 31 DECEMBER ar24 Total Funds Total Funds Funds Funds DIRECT CHARrrABLE EXPENDITURE Funds Funds Funds Total Funds Tot•1 Funds 2023 Funds Rem & rates Insurance Rgpa(r$ & iene¥Yals &540 3,711 33.420 4,993 3.711 33.4 Bank charges 1423 2.423 3,230 43.875 43,875 10.228 PAGE 8
BLUEHOUSE FARM COMMUNrrY ASSOCIATION NOTES TO THE FINANCIAL STATEMEKfs. (contlnued) YEAR ENDED 31 DECEPABER 2024 TOTAL RE80URCES EXPENDED Total Funds Funds Fundrasstng and publicsty ManageMt & admmistrairm 41,453 43,392 9,584 2023 Premisès lThJepwdont examM*rs fee 6.343 41,452 6,998 IKfEREST RECEIVA8LE AND WILAR IPICOME 2023 74. IKfANGIBLE FIXÉD ASSErs Inveslment in the thares of Blueluse Fami CommLmity Ckn Ud 1CK) PAGE 9
BLVENOUSE FARM COIIJMUNiff ASSOCIATION NOTES TO THE FINANCIAL sTATEmEPs. leontinwd) YEAR ENDED 31 DECEIIBER 21724 Toi*l At l j3nry2O24 Additi 114358 51 191J84 8.150 371.404 51.862 DEPREaAT1014 At l JanLBry 2024 Charge lor ts yaaF 113m1 170 51 184,& 6216 381.717 113. NET BOOK VALUE At 31 Decert W24 9,087 DEBTORS 2023 143,081 137 143,081 2023 750 750 11X UNRESTrIrn FUNDS at 31Jt DK 2024 46.875 299,268 PAGE10
BLUEHOUSE FARM COMMUNrrY ASSOCIATION NOTES TO THE FINANCIAL sfATEMEKfs. (contInd) YEAR ENDED 31 DECEMBER 2023 11. RESTrICTED FUNDS 12. AWYSIS OF NET ASSEfs 8ETWEEN FUNDS T¢)tal TarrfJt4e Fed Assets Other 292,(M)3 292,lJ)3 2g9.267 PAGE 11
BLUEHOUSE FARM COMMUNrrY ASSOCIATION MANAGEMEKf INFORMATION YEAR ENDED 31 DECEMBER 2(r23 PAGE 12
BLUEHOUSE FARM COMMUNrrY ASSOCIATION DEfAILED INCOME AND EXPENDrruRE ACCOUNT YEAR ENDED 31 DECEMBER 2023 2023 INCOME Membefshy) fees Hall hire ()onations and aKI dawns Bank interest receNable 8.338 .674 227 28.681 3.275 TOTAL INCOME 39.244 EXPENDrruRE Rent & Tatss Insurance Repairs & 3.711 Bank charges Subscrsptions aNI LkerKes 44.4S2 DEPRECIATIOM Improvgments kn wcgety 170 Ftttures &ftling9 MusiG 2.359 1423 3,230 Fixtures & fftttrMJs Computer 9quipmfjnt TOTAL ÉXPÉNtMTURE 46.87S fO,228 NEf SURPLUW{DEFITl 110.(K17 29,018 PAGE 13
FOR ctNTAE
EH USE FARM ¥up pfrs OF TH FOR THE Y FINANCIAL STA 31DE EMBER
BLUEHOUSE FARM CEIITrE UMITED COMPANY JNF TME YEAR EN secREfARY: REGISTERED OFFtt. Es58X SS15 SUL REGISTERED NUMBER: C£Q)3829 (En *yJ Wales) ACCOUNfAKrs: 12 Stati1 Court WKkford SS11 7AT
BLUEH FARII COM REPORT OF THE IXRECTOR YEAR CEM8ER PRINCIPAL ACTMTY DIRECTOR l Milne held olficè wlK)rt rKY tr(Mn 1 Janw21R4totr (kn ofthis Tepr Ths report has prTed in ac£gYd ith the cl Part 15 thf ts C(xniwvas Aca re*g sm8H cKJmpanies. ON BEHALF OFTHE BOARD: i Milne- SKretsry Date..
BLUEHOUSE FARM UMITED ATEME I DECEMB 31.1224 31.12.23 TURNOVER 256.2& GROSS PROFIT 15.017 48,893 ministrati¥e expwws 60,485 161,3521 111.5921 9J85 10.447 OPERATIIIG LOSS (51,9671 11.1451 LOSS BEFORE TAXATION 151,Wl 11,5791 Tax& LOSS FOR THE RNANUAL YEAR {51.9671 11,5791
UEHOUSE FARII coiIMup4rY CENTrE EGISTERED 11 ER: CE 31.1214 31.1223 FIXED ASSETS TaThJible a&sets CURRENT ASSETS 11.176 13.0 Debtors Cash at bank and In haThJ 27,186 47.l1 102. CREDITORS Amthts falliNJ (bje ttIn Oryear 149.741 159289 NET CURREiif UABILMES 110&W) 156,&541 TOTAL ASSEfs LESS CURREP UABILTrEs 1108.2581 1562911 CAPITAL AND RESERVES Cailed w share cawal Relained eamings 1C 1108.358 156,3911 1108258) 156,2911 31 Decernber 2024. The members have fy)t requir&1 rx)nN)any lo otrAwn an of its stAterIS for th8 year eThknJ 31 December 2024 in accorda1 wilh Stion 476 the ¢anES Act2LTh. Act 2006 and (bl pparIng linanual statem&its gNe a aThY fa.r crf the stste cl affaits ot Iho (y)mp8ry &s al the eThl of each fir¥anci year and of its prth ¢x for fina year in aCtr0 7th the rwuirernents of finan sNeffnts. so as aFpkable to th8 company. small (mparHes rÈgmÈ. were ned ty. l Milne- Dir8rkn
UEHOUSE FARM COIAM
NOTES TO TH
CIAL STA
STATufoRY INFORMATION
BIu9hwse Farm CtinThThty Contr• a PIP48te c(xrwny, Immed ty shares, r8gisief&Y and
Wale5. Tr cwpany re9thred nurntjer ar reg51erwJ oifke akness (an on the Corrwy
InlorJNtiM P&3e.
Ba¥ ol pr•parlng th• Ilnancw stat•m
These financial stements have prepared In accord Yth Rq)othg Slandafd 102 Yht
Financial R•poitsng Standard appli(at40 in th& UK R8pJbk of Irgw induthrKJ the prowsor$8 ot Secbon
1A 'Small Et)tsth' and the kl 2cth atstts ha ten pryTed uTrJei the
Tumov•r
Tumovor is m808urgd at tho lar td th• rKdthl•. 8xdJng dknonts, r•bat•o,
Value a(ktsd lax )d OtharSa law.
T•nglbl• fix•d ••••ts
Depr9da1 14 prodd at th• anNal IAi•8 In oll w•t over 118 estimated us•ful
Plant and m•thnry 8t¢
Stocks pJe Wued 8t tho (¥t atsr lor obgol#t• and
jJ1 it8m&
T8xAtlt)n
Current do19 8888ts a1¢bIll&S ar•
Curr8nt rgwrri8¢d at the nnt cl tax pAy#49 the tax ra Ih&t have tn Inact or
$noOd ty the dat•.
rimiwj drflef8nc•s 8ris• Irn th• of inc4)rM 8th1 •yns88 in lax as60ssmts in pervts diflergN Irom
Ihw in thty are r•ccqrlls•J statements. Delgrw lax ts mo8surthJ tax rates and laws
th81 hove been enactad SthiarVety enacled ty th• y•¥ ¥NI a1 that are tts the r8vorBal
ol th8 timing dill8rnrt•.
11 t• ra¢ovor¢
EiifRE LIM NOTES T THE NANCIAL epirs. OPERATWG LOSS 31.1224 31.1223 141 187 TANGIBLE FIXED A&8ETS ant and rnachirnry COST At 1 January 2024 and 31 Db8r 2024 DEPRECIATION At 1 January 2024 Charge year 437 At 31 Decerter Z024 578 BOOK VALUE At 31 Der£rnbeT 224 422 At 31 Denr2023 31.1124 31.12.r8 CREC4TORS: Amouirrs FALUNG DUE OIE YEAR 31.12.24 31.1223 137, 143,081 10.909 6.299 Taxalx)n y)rial Srity Other cred(to 8.379 149.741 159,289 RELATED PARTY DISCLOSURES At 8aLgNx Sheet date, the £137.) to pwenL C(Mnrnunty ASSCthti. lthility 18 ¢tsJo8&J N]er CrwJts)rs: flro . ULTIIAATE COPRoLuNG PARTY At the BalarKe Sheet date. Blthyjse Fam) Communty A))8 pre the dtimat• paty by virtue of its of the Wire share (arxt4 oftt corwy.
EHOUSE FARM COM CEIrnI TRADING AND PROFrrAND LOSS ACC 31.1224 31.12.23 Sal•s. 8¥ 1 305,096 Coit ol Ml•8 Opening siLk Purchases Entertafflmènt Wage5 Emf4oygr8 Nl Penswx¥ 13.03) 144.504 9.697 1XI.979 4.188 2.218 11,170 131,554 9.020 113.756 2,681 1.052 294.614 111,1761 269.233 113,0301 256.203 OROSS PROFrr 15.017 d8.893 Oth•r SrKom• Gaming macti)•8 10.447 24.402 59,340 Exp•ndlturn Rates a1 wa Insurancg Lvjhl heal Security costs B¢ekk8gplng Sicrtkt8klThJ f888 Hire of gwning rna& 6.157 32,674 1,753 1,S45 27,691 1,125 1,170 3,108 4.125 1,323 224 Printing. t80e & Ststh Travellino Rèpair5 and Cl•aning Sundry expgnses Racruiimont $xp•ws Acc(¥Jntarcy Subscrfpiions Leqal & professh1088 124 2.881 7.317 415 1.975 54.820 145.324) Flnan¢• ¢o#t* Bank thar3 Bank Ini•T•8t 8J02 5,477 5,911 {51.8261 ant and 141 NEf L088 151.9671 11.5791
BLUEHOUSE FARM COMMUNITY ASSOCIATION FINANCIAL STATEMENTS 31 DECEMBER 2024 Charty Number 265499 Connah Goktsworthy chart01 Cortifi•d Aeeountants 12 stati Court Approath Wthlorcf Essex SS11 7AT
BLUEHOUSE FARM COMMUNITY ASSOCIATION FINANCIAL STATEMEpirs YEAR ENDED 31 DECEMBER 2024 Content TrLtst8as' arfftual report Indgpendent examiners to thè tea$ Statement of finanoal acts Ban sh8et Notes io the financ4al statements T1 following pages do not forni wt of th Iln•thl slatem Detailed incc#ne and expeThJitUTe 13
BLUEHOUSE FARM COMMUNrrY ASSOCIATION OFRC£RS AND PROFESSIONAL ADVISERS THE MEMBERS OF THE COMMITTEE RK Ch)wes David Smith Chairman Vice Chairman lan Secretary Luke saviife Dave Crow Laura Cla( Evo Levon CO1 Kelly Tw PRINCIPAL ADDRESS Lainojn Link Basitdon Essex SS15 5UH INDEPENDENT EXAMINER E C Parker F.C.C.A. Connah Gddgworthy Charter&1 Cerbfie4J Aco)untants 12 Stalion Court Wic*ford SS117AT BANKERS Mgtro Bank PAGE 1
BLUEHOUSE FARM COMMUNrrY ASSOCIATION TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The Tnjstees have pknwe in thar reKxM aThY ts fowwl statements d Ehè rtrty for the STrUCTUR4 GOVERIIANCE A14D MANAGEME14T The Bluetsx Fam Communty Asgotsation is an unirKxxFor iknity ltilu urthf tho Charitiès Aa aThY a Constiiulion •pted rm 141h SgpiémbBr 1972 . OBJECIIVES AND ACTivmES In piqnnirg auivitios lor th& sar we kept rniThJ ts thrity C¥5s1( p Th8 objthes ot the Chattty is to ProMe the benefit crf the inhthtants ol LaiThkn East and the newhbwrhoxl wrth(xrt dtStinGtion d sex or of p1. rewts or other cy¢nK)ns by a$ssatIng the thal aufvjrsties. voluntary OTganBatKTh inhabrtants li 8 fJ)mmon effort to a(fvanc¥ edu1 and to prov facilag in the interosls wgttwe to I10n Ur& time (tojpati7 wh the cbj8Ct ol Mnproving the cAYmJlKS ol lrfe lor the sa1 inhattanls and to 8stablk5h ¢x to S8CUT9 the e5tsbli%hment r a communty centre. INVESThIEKf POLICY RESERVES POUCY It ts the lIlLY cl tre CaritytO rn¥w)Iw"n res8&S at a 1 to (Thor r8paiTs Ithrtlshnt (a)sts for th8 rrnMunty csntrè. The Charity Thjt award any wts in the year. PAGE 2
BLUEHOUSE FARM COMMUNITY ASSOCIATION TRUSTEES ANNUAL REPORT- (contlnued) YEAR ENDED 31 DECEMBER 2024 THE TRUSTEES The Trustees vtho se on thè Lanty commrtteé the tviod ale set on page 1. The Trustees are re¥Msth the Te[witmt of any trustees. RESPONSIBILMES OF THE TRusfEES The Charities Act requires the Trustoes to prepare fina statements lor each financial year which give a true and fair view of the state of the thatrty at the erHI of Ihe year and ol the surplus or deticièrtcy tof the yeaf then ended. In preparing those finanual statefits, the Tr¢e8S afe required to stht suitable lntIng polkl8S. as descnbed on page 7, arKI then appty them on a conwstent basis, making judgements and estimates that are pwdenl and reasonable. Thè Trustees must also piepare the tinancaal statements on the gng concem basis Un$$ it is inaF4)ropnate lo presume that the charity wll Co1ne in business. The Trustees are $)nsible for keeping proKW a(x)mting rwx)rds (sdos8 vhth r88sonablo a¢¢uracy at any lime the pc6itson ol the charty aThJ to enable them to ensure that the linancial statements (xjmpty vlti Ihe Chanhes Acr 2011. The Trusrees are also respCsIble lor saleguaTding the assets of the c*afity arKI herTh tor tsking reasonatje steps for the prevention and detethon of fra¢Jd and cther irregularitie& Registered ofli. Lainthn Link Bastrldon Essex SS15 5UH Sj cffl behalf of the Trustees l Milno Approved bythe Tiuste8S On 02 PAGE 3
BLUEHOUSE FARM COMMUNrrf ASSOCIATION INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 DECEMBER 2024 I repx)rt on the accounts of ts ctiartty for the Jpar ethl 31 [mber 2024, are set out on pages5to11. RESPECTIVE RESPONSIBILMES OF THE TrusfEES ANO EXAMINER As the chariws tnjstees reswble tor the preparatth ol 8(tounts' wxj that tho audit requirement ol Section 145 of thè Chaiities Act 2011 (thè Act) iknes apply. It is my respons)ility to state, on the basis of proc&Jures 5peufied in the General Directh)ns giver) by the Chanty CommtssM)nets under Seclion 14SI5} Ibl of the Ad. vtsther partthlar matters have come to my attention. BASIS OF INDEPENDENf EXAMINER% REPORT My examination was Carri oui in ac0)rd wrth the Goneral Dire¢tKms by the Chartty Commtss¥Jners. An examination include5 a revw of ttE aw)uthing records kept by the chanty and a companson ot the acu>unts presented vthh those recortts. It atso indudes rA)nSideran ol any unusual items or (sdosures in the accounts. and seek5ng expi8n8tiCX)s Irom you as trustees concerning any such mattels. The proLdures Ulertaken do rvJt provide all the eviden(t th would be required in an audit, and consequentty I Ikj )t express an a1rt on the view gwen by the INDEPENDENT EXAMINER'S STATEMENT In connection my 8xaminatw)n. Thj matter ccrfne to my attentth: ich gives me r&asc¥th cause lo believe that in any material respect the wuirements to prepare accounts which a(rd with the a(Untij records a1 lo crynpty th Ihe requirements ol the Act have been mei: or whth. In my cfsinM)n, attenti s)U1 be (trawn n ¢xder to enatAe a proper understaNling of Ihe aClts to t rethd. 12 Statior¢ Court Station Approach Wickford SS117AT E C Pwkor, F.C.C PAGE 4
BLUEHOUSE FARM COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL AcnvmES YEAR ENDED 31 DECEMBER 2(r24 T¢xal Funds 2024 Total Funds 2023 Funds Funds Incoming Resources Actiwties to generate funds Donations Investment irwme & ltitest 39,106 133 3275 3275 T¢xal Incomlng Resources 36.867 36,867 39.244 Resourets Expended Cost ol generattng f¥Jnds - Fund¥aising & publiiity Direct charrtable expendilure Managemerbt & administration 43.875 43.875 10,228 Total Resources Expended 46.875 46.875 10,228 Nèt IncominWIOutgoing Resourc for the year 10.007 10,IX)7 29,016 Transfw lth••n funds Balances brought loTh¥ard at 1 January 2024 309275 280,259 Balances carried foThArd at 31 December 2024 299.268 309.275 All gairts and k&5ses rwised n the are the (rf finanoa activiti8S. PAGE S
BLUEHOUSE FARM COMMUNrrY ASSOCIATION BALANCE SHEET YEAR ENDED 31 DECEMBER 2024 Flxed Assats Intangible Assets TaThJitrA8 A&88ts 78 1) IrKJ 9.687 9,787 Debtors Cash at bar in hand 137. 154. 143,081 f57.157 Kl,238 Cf•dltors: Amounts lalung due wlthln one 17&1) Net Currwt A¥s 291, 293.488 299.268 309,275 Unrestricted Restric 10 11 309,275 309,275 l Mil R Clowes PAGE
BLUEHOUSE FARM COMMUNrrY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 ACCOUNnNG POUCIES Basls of Accounttng The finanthal ststements have been plred urKJer historic LM)St ¢ction. and in accordancè wrth applicable COunting siandards. Thèy have b8en preparod in accordance with thè Statement of R6c(nmended Practice." Accounting arKJ Reportsn9 by Charitiès ISORP 20051, ISsd b) Marth 20C6, UK Aling StsThJards and ts Charities Act 2011. DeprBciatl< Oeprecth'on E cakulated so &8 to WFite the fX) Ot an asseL less estim1 residual value. over the uselul e(x)nomic lrfe crf that asset as fdlovts: ImproVents to propety 25% reducing baLance Fixtures & rrttings Music w4uipmenl 25% reducing baL4nce Incoming Resources Incoming resources all sources are indud&l Wh r1vab. Resources experxbj are indudeil fft the p8ricJs in wthich they are incurred. Fund Accountlng Funds hetd by the charity are thr. Unrestricted geneTal funds. are fukn 7•**¢h can be used in a¢0)rdan wilh the tharitable cth.ects at the discretion of the trustee& De$lted fwthys. these are the funds set 8Skdg by tha trust88s out of unre5trtcted funds tor specrfic luture purposes or proieGts. RestriLXed lunds. these are lunds thal ¢2n onty be u1 for PtilaT rèstrthd puwoses wtthin the ct4ects of the charty. Tax statu8 The )MpanY is a regstered dlIty aNJ i% subp(a to cx)rrwlw)n tsx its charit2bl8 actNllies. PAGE 7
BLUEHOU3E FARM COMMUNrrY A&SOATION NOTES TO THE FINANCIAL STATEMENTS- {conlinued) YEAR ENDED 31 DECEMBER 2024 FUNDRAISING AND PUBucrrY T¢xal Funds T¢xal Funds 2023 Funds Funds Cost ot publicity and lundwThJ DIRECT CHARrrABLE EXPENDITURE Total Funds 2024 Total Funds 2023 Funds Donatior MANAGEMENT AND ADMINisfRATION Unrestrlctod R05tr1¢tod Funds Funds Total Funds 2024 Total Funds 2023 Rent & rntes Insurance Repairs & renew* Accountancy Bank charges Subscw)tions and Licences Deprectatn 3.540 3.711 33.420 &540 3.711 33.420 4,993 1,350 655 2.423 1423 3.230 43.875 43.875 10,228 PAGE 8
BLUEHOUSE FARM COMMUNrfY ASSOCIATION NOTES TO THE FINANCIAL STATEMEKfs. (wrtin YEAR ENDED 31 DECEMBER 2024 TOTAL RESOURCES EXPENDED Tcrtal Funds Total Funds Fundraising aThl pubdty rect charitable expendire Manag&n&tt & ackninistratson 1.939 41.453 43.392 1.939 46,392 X124 2023 Other costs indud•: Premises Independent examiners 41.452 6,998 INTEREST RECEIVABLE AND SIMILAR INCOME Bank inleTeSl 7a. INTANGIBLE HXED Investment in the orthnary shares ol Bluehouse Fami Clxnmuruty Cwbtre Ltd 11x1 100 PAGE 9
8LUEHOiISE FARIA COAIMUNITY ASSOCIATION NOTES TO THE FINANCIAL sfATEMEKfs. (contlnued) YEAR ENDED 31 DECEMBER 2024 7b. TANGIBLE FIXED ASSErs FlreS & Music ewlpmert Total COST At 1 January 2ff24 Additions "sposas 114.358 $1.862 191384 8,1S) 371,404 At 31 De¢eNthr2024 114,358 51,W2 191.384 8.150 371.404 DEPRECIATION At l January 2024 Charg• for the year Ckn ilisposals 113.f41 170 51.862 184.308 1.769 6,216 361,717 2,423 At 31 DeCern2024 113,851 51,862 186,077 6.7(¥J 364.140 IIET BOOK VALUE At 31 Decembe12024 7,264 At 31 Decenknr2023 67T 7.076 9,687 DEBTORS Armmt by Farm cryr¥r CeY* 137ffi Pr9payrrts 143.r1 137. 79) 750 750 75 10. UNRESTRICTED RINDS Isi Kornl 318t Dac 2024 36.867 46.875 299.268 PAGE 10
BLUEHOUSE FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS- (continuad) YEAR ENDED 31 DECEMBER 2023 11. RESTrICTED FUNDS There afe Th) TeStrKt&l lunds. IZ ANALYSIS OF NEf ASSETS BETWEEN FUNDS Total Tange Fixed Assets Other Assets 7264 7,264 292.003 299.267 299,267 PAGE11
BLUEHOUSE FARM COMMUNrrY A&SOCIATION MANAGEMEpif INFORMAnoN YEAR ENDED 31 DECEMBER 2023 Th• following pag• d¢)•s not forni part of th• 8tatuW financial stat•m•nts which ar• thè subpet of the indowtht •xaminèfs rnport on page 4 PAGE 12
BLUEHOUSE FARM COMMUNrrY ASSOCIATION DEfAILED INCOME AND EXPENDMJRE AccouKr YEAR ENDED 31 DECEMBER 2023 INCOME Oonation ftn Farm clMnty Centr6 LMnit&J Membership fees Hall hire Donations gft aKI daims Bank interest r8ceNab 4.905 28.681 3.275 30.674 227 TOTAL INCOME 39,244 EXPENDtrvRE Rent & rates Insurance Repairs & renewaL8 Accountancy Bank charges Subscriptions arKI Licences L¢xal charitable a¢tiwties 4,993 1,350 3.711 33,420 655 DEPRECIATION Improvements to PTryety 170 226 Fixtures & litlings Mltsic equipment Van 1.769 2.359 2,423 3.230 LOSS ON DISPOSAL OF FIXED ASSErs FIXres & ffttings puter equpment TOTAL EXPENrxrvRE 46.875 10.228 NEf SURPLUW(DEFICtT) {10,con 29,016 PAGE 13