8LUEHOUSE FARM COMMUNrrY ASSOCIATK)N FINANCIAL sfATEMEpirs 31 DECEMBER 2024 Charity Numbw 265499 C￿nah 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 ChaIm￿n 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 0￿￿fib8f 2024. OBJECTIVES AND AC71vmES In Pl￿rIng 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 Char￿eS Act rewires ts Trustees to wepare fuwKial ststemertts each lin8￿1 year which give a and fair view ofthe stat¢ otthe dwity at the the of thè surplus or defiC￿nCY for the year Ihen ended. In preparing th0$6 finan¢s81 sktÈments. thè Tr￿tee$ are reryirnd to sal8ca ￿￿tabl0 attounting poli¢tAS. as descrfbed on Foge 7. and then awty them on a ￿￿1$tont basts, maW judgomgnts and esiimates that aTÈ pr￿rtt and re￿nab￿. Thé Trustees m￿1 abo pr¥*r8 the financial *atgments the gong ¢onGem basis urdess it i8 rwfc4)riate to presume that thè dlarity I￿[ continue in business. The Tn￿06$ are responsfde for keeping prcw &countirrfJ r8c(yits which dBcI[￿e wllh reasty￿ble accuracy * anytima the of the tharity and to gna￿e th8m to ensure that the fIr￿nGla1 Slatem￿ts csxnpty 7Mth the Charilies Art 2011. The Trustees are also responsible for S81eguarthng the assets of the c**artty 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 spetsl*d 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 I￿X express an a￿JIt q)inion vi8w gNen by the INDEPENDEiif EXAIAIMEWS sfATEMENT to Prepare a(X￿unts aco)rd tmth the reLYJrts ￿ to f))Ybpty *h tho requirements Ot tt* Act halt been m¢ or to vthth, in my attwrfK*) S￿￿j ￿ ¢*awn w) ￿d0r b 8rMt48 a Fwr uThl8tstandirKJ 12 Sta￿On COL Ststton AppfO¥ WiCkf￿d 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 & ite￿t To*al InC￿Ing Re¥ow￿5 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 As￿3 291,9)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 8￿rdance wilh applcat4e wJunbr@ S￿￿[d$. They have been prepared in accordance Iwth the Statomenl ot Prac1ice: Accowiw and RepJting by Chafittes ISORP 2CQ51. issued in March 2005. UK Ao>)unkng StsThJard5 the chariti￿ Act 2011. OV8r the ttselul ectsw1￿ life ot tst asstha5 follows.. F￿bjr8s & fittings Music equiwient In¢omlng Ra8our¢oS In￿mIng resour￿ frwi all s(Mwces are indudgd r￿￿atr￿. Fund Accounllng Funds heid tyth8 chwity are eithw. Unrestricted general fund5. these are fun(ts wfaGh ￿1 be used in aGgNdan¢e Mfyth chaTi18blo objects at the dIScreth￿ of ts trustees. future pUfpc￿eS or prr4eca> tho oblects of the itsity. Tax siattis PAGE 7 BLUEHOUSE FARhl COMMUNITY A&8OCIATION NOTES TO THE FINANCIAL sfATEMEpifs. (wfttnued) YEAR ENDED 31 DECEMBER ar24 Total Funds Total Funds Funds Funds DIRECT CHARrrABLE EXPENDITURE Funds Funds Funds Total Funds Tot•1 Funds 2023 Funds Rem & rates Insurance Rgpa(r$ & 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 ManageM￿t & 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 sTATEmEP￿s. leontinwd) YEAR ENDED 31 DECEIIBER 21724 Toi*l At l j3n￿ry2O24 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. (contIn￿d) YEAR ENDED 31 DECEMBER 2023 11. RESTrICTED FUNDS 12. AWYSIS OF NET ASSEfs 8ETWEEN FUNDS T¢)tal TarrfJt4e F￿ed 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{DEF￿ITl 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 r￿K￿Y tr(Mn 1 Janw21R4totr* (kn ofthis Tepr Ths report has pr￿Ted 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.l￿1 102. CREDITORS Amthts falliNJ (bje ￿ttIn Or￿year 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 stAte￿rIS for th8 year eThknJ 31 December 2024 in accorda1￿ wilh S*tion 476 ￿ the ¢￿anES Act2LTh. Act 2006 and (bl p￿parIng 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 aCt￿r0￿ *7th the rwuirernents of finan￿￿ sNeff*nts. 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 st*ements 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 atst￿ts ha￿ t*en pryTed uTrJei the Tumov•r Tumovor is m808urgd at tho lar td th• rKdthl•. 8xd￿Jng dkno￿nts, r•bat•o, Value a(ktsd lax *)d OtharSa￿ law. T•nglbl• fix•d ••••ts Depr9da1￿ 14 pro￿d￿d at th• anNal IAi•8 In oll w•t over 118 estimated us•ful Plant and m•thn*ry 8t¢ Stocks pJe Wued 8t tho (¥*t atsr lor obgol#t• and jJ1￿ it8m& T8xAtlt)n Current ￿ do19￿￿￿ 8888ts a￿1¢bIll&S ar• Curr8nt rgwrri8¢d at the ￿n￿nt cl tax pAy#49 the tax ra* Ih&t have t￿n Inact￿ or $no￿Od ty the dat•. rimiwj drflef8nc•s 8ris• I￿rn th• of inc4)rM 8th1 •yns88 in lax as60ssm￿ts in pervts diflergN Irom Ihw in thty are r•ccqrlls•J statements. Delgrw lax ts mo8surthJ tax rates and laws th81 hove been enactad ￿ Sthiar￿Vety enacled ty th• y•¥ ¥NI a￿1 that are tts the r8vorBal ol th8 timing dill8rnrt•. 11 t• ra¢ovor¢8w$ over the p8rw)d c4 thè 1&88e. herne ar& tharged to prcth W)ss p•rnd to EMPLOYEES AND OIRECTOR3 The ave(a￿ numbet ￿ Myk)wduiI￿ ￿ IE8rwas 1012(Q3. 10). 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 D*￿b8r 2024 DEPRECIATION At 1 January 2024 Charge year 437 At 31 Decerter Z024 578 BOOK VALUE At 31 Der£rnbeT 2￿24 422 At 31 De￿n￿r2023 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 S￿rity 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: f*lro ￿￿. ULTIIAATE COP￿RoLuNG 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 siL*k 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 a￿1 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 $xp•ws Acc(¥Jntarcy Subscrfpiions Leqal & professh*1088 124 2.881 7.317 415 1.975 54.820 145.324) Flnan¢• ¢o#t* Bank thar￿3 Bank Ini•T•8t 8J02 5,477 5,911 {51.8261 ant and 141 NEf L088 151.9671 11.5791 BLUEHOUSE FARM COMMUNITY ASSOCIATION FINANCIAL STATEMENTS 31 DECEMBER 2024 Charty Number 265499 Connah Goktsworthy chart01￿ Cortifi•d Aeeountants 12 stati￿ Court Approath Wthlorcf Essex SS11 7AT BLUEHOUSE FARM COMMUNITY ASSOCIATION FINANCIAL STATEMEpirs YEAR ENDED 31 DECEMBER 2024 Content TrLtst8as' arfftual report Indgpendent examiners to thè ￿￿tea$ Statement of finanoal acts B￿an￿ 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 rt￿rty for the STrUCTUR4 GOVERIIANCE A14D MANAGEME14T The Bluetsx￿ Fam Communty Asgotsation is an unirKxxFor* iknity ￿l￿tilu￿ urthf tho Charitiès Aa aThY a Constiiulion •*pted rm 141h SgpiémbBr 1972 . OBJECIIVES AND ACTivmES In piqnnirg auivitios lor th& s*ar we kept ￿ rniThJ ts thrity C￿￿¥5s1(￿ p Th8 objthes ot the Chattty is to ProM￿e the benefit crf the inhthtants ol LaiThkn East and the newhbwrhoxl wrth(xrt dtStinGtion d sex or of p￿￿￿1. rewts or other cy¢nK)ns by a$s￿satIng the thal aufvjrsties. voluntary OTganBatKTh inhabrtants li 8 fJ)mmon effort to a(fvanc¥ edu￿1￿ and to prov facil￿ag in the interosls wgttwe to I￿*￿10n ￿Ur& time (tojpati￿7 w￿h the cbj8Ct ol Mnproving the cAYmJ￿lK￿S ol lrfe lor the sa*1 inhat*tanls and to 8stablk5h ¢x to S8CUT9 the e5tsbli%hment r a communty centre. INVESThIEKf POLICY RESERVES POUCY It ts the ￿lIlLY cl tre C￿aritytO rn¥w)Iw"n res8￿&S at a ￿1 to (Thor r8paiTs Ithrtlshn￿t (a)sts for th8 r￿rnMunty 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 L*anty commrtteé the tviod ale set on page 1. The Trustees are re¥*Msth the Te[witm￿t 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 stat￿efits, the Tr¢￿e8S afe required to stht suitable ￿l￿ntIng 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 g￿ng concem basis Un￿$$ it is inaF4)ropnate lo presume that the charity wll Co￿1n￿e 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 v￿lti Ihe Chanhes Acr 2011. The Trusrees are also respC￿sIble 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 S￿j 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)nSidera￿n ol any unusual items or (*sdosures in the accounts. and seek5ng expi8n8tiCX)s Irom you as trustees concerning any such mattels. The proL*dures U￿lertaken do rvJt provide all the eviden(t th￿ would be required in an audit, and consequentty I Ikj ￿)t express an a￿1rt 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(￿Unti￿j records a￿1 lo crynpty th Ihe requirements ol the Act have been mei: or whth. In my cfsinM)n, attenti￿ s￿)U￿1 be (trawn n ¢xder to enatAe a proper understaNling of Ihe aC￿l￿ts 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 & ltite￿st 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 pl￿red urKJer historic￿ LM)St ¢c￿￿tion. 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, ISs￿d b) Marth 20C6, UK A￿￿ling StsThJards and ts Charities Act 2011. DeprBciatl< Oeprecth'on E cakulated so &8 to WFite the fX)* Ot an asseL less estim*￿1 residual value. over the uselul e(x)nomic lrfe crf that asset as fdlovts: ImproV￿ents to propety 25% reducing baLance Fixtures & rrttings Music w4uipmenl 25% reducing baL4nce Incoming Resources Incoming resources all sources are indud&l Wh￿ r￿1vab￿. Resources experxbj are indudeil fft the p8ric*Js in wthich they are incurred. Fund Accountlng Funds hetd by the charity are thr. Unrestricted geneTal funds. are fu￿kn 7•**￿¢h can be used in a¢0)rdan￿ wilh the tharitable cth.ects at the discretion of the trustee& De$l￿ted 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 u￿1 for P￿ti￿laT rèstrthd puwoses wtthin the ct4ects of the charty. Tax statu8 The ￿)MpanY is a regstered d￿lIty aNJ i% subp(a to cx)rrwlw)n tsx its charit2bl8 actNllies. PAGE 7 BLUEHOU3E FARM COMMUNrrY A&SO￿ATION 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 Deprectat￿n 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 pub￿dty rect charitable expendi￿re 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 F￿l￿reS & 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 DeCern￿2024 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 Pr9payrr￿ts 143.r￿1 137. 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 Tang￿e 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 ft￿n Farm c￿lM￿nty 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 FIX￿res & ffttings puter equpment TOTAL EXPENrxrvRE 46.875 10.228 NEf SURPLUW(DEFICtT) {10,con 29,016 PAGE 13