Charity TrStration numlw. 265702 Coleview Community Centre Retort and Fin8L¢Aat statlle ror the Year ded 31 Dwiber 2024
Coleview Community Centre Contents (continued) Trustew, Report. 2tr)4 Ststcment of R<4)$1bI[iti Bal8n¢e Shc£t Note5 to the Fit)ancI Ststcmts 8t0 15
ColevAew Community Centre Referenee and Admilli8tralive DetaiL ChiefEiecutive OffKer IPayll¢ Truste£* NReddaway D NE1 Charity Regi8tration Number 2657ff2 PrinopAI Offl¢e Towccster Road Strattott St. Margarrt Swill¢kn Wiltshir¢ SN3 4AS llldependent Exgminer Lisa Hobbs FCCA UHY Rou Brcx)ke C}rtered A¢cJJuntsllts and Re Audito 2 Old Bath Ro N¢wbwy Berkshire RG14 IQL HSBC Unit 6 The Lrtk Wk SN3 4AS Swindon Banke Page I
Coleview Commullity Centre Trnste48' Report The tru6rt¢&s present th¢ aDDva] rel togetheT with th¢ fitThnGial staltmeyts ofthe cknority forthe year ended 31. D¢cemt¢r 2024. Objeetives and aetlvlties To promote the benefit of those living withitt the Parish of StrAttI)n StMargar¢t alld its Inlate envtyons lyi South of the IA)lldon to Bristol rdilway lillE, togethcr with the Covingham and Nythe Estate areas (Hereitiafter called the of benefit). Without diwirniDatioti of sek sexual orientation, Jxcc or of politieAI or odier OPiDiOnS. by associating together with the said inbabitallts and the local wthorities. volunw alld other organiations in a common effort to advance education and PTovide facilities ID th¢ interest of social welfare for the recr¢ation and leisure time oc¢upation with the obje¢tiv¢ of in]proving the con(titions of lif¢ for the saTd inhabitsnts. To bliSh or secure the estsb1isIJMt of an Association and to raaintaill and mwe the name in fiutherJnce of the above stal¢meDL On w adhoc orrnonthly b&8is User Croups- llxlls Used FOC Liden Football T¢am meettDg User Group- Ha]Is Snbsldiscd Aerobi AftErtb)Dtt & Ch Baby Sensory Bonsai Butt¢Kups Churrh Prtr.SchcM)I Drawing Hortb¢ep$ Slinuning WoAd Squi¢18 Model Boats Swuts U3A Ustt Group$- Haus St*ndard Price Biookg Aebdemy Cats Protectio Fmfflgetix Goldeu Oldies Hu]a Hoop Datsce Keepfjt Scwitig Bee Swindoll Sunday League (Mfjnth]y) Senior Wilts Football IAgue (Annual), Swindon Distri¢t Football Ixague (AU) Square One svos Mixld Aer05 rig1]IyS
Coleview Community Centre Trn$tees' Report (continued) FiDgllCtal r¢vieJY of th¢ ytsr 2024 was aDother active period for the Club. HtsweveT. it is a cotkC¢rn we report a Continu financial loss of £114.264 compaTed ts) £74,776 in 2023. Ell when excl1]ng depTeciation gnd.the distM)sal of, fixEd assets (old roofj, Ihe Club sull recorded 8105s of £16.784 down froJD £39.931 in the previous year. It is tinportant to ote that d¢pr¢Giation reflects the ww alld tear of wets. aDd without Provisio tsi Gover these wsts, futut r¢placements would requirc fith reductions in ourwh and iDv&theDts. The Cetrtk ¢olltinues to eXprria¢ the IiDg¢ring effeis of the COVI[19 pudemi¢. p8rticulorly ill bzr trade, which r¢main3 below pT¢-paDdemi¢ levels (£447234 in 2018 vs ,55% in 2024). In 2024. the two DeTrTrly appDitited t[lte¢S rnOv the p1vdu1DL of quarTly mattagement account5 bk inwhouse. with vaiwable support from office staff. Dwing a p¢riod of signifi¢ant supplier LX)5t Inue¢S (notably from br¢weries and utilities), pricing F8 closely DkMitOTed. A dedicated subxsmmittee now m¢ers at)nually to A key financial metric-the tradÈng profit I margin 91 Th¢ TradiD8 Co. {th¢ diff¢r¢nce between the sal¢ price of be6r alld its sthaS improved from 430/0 to 45¥0. This positive d¢v¢lopmettt was lar8¢ly driv¢n by a knus on bar purchasing. including the itttrodu¢tioD of a new supplier ILWC) oTrJ a comF¢titsY¢ 5P0Se frDED Molson Coors. This margin is essetrtial to vri$lg otmtional costs. iDciudillg miDi]nWll wage increases alld broader C¢ntre expe¢5. oatiOal efficiellciu have also been achieve4 with reducti(x)s in c8rd proclg fees. HR COS and we collection s¢Tr7tts. The Club T¢mains a going Conce supported by a caslQ tnv&%tsnents of £318,827. HoTrYevu. this position is not indefinits. The tn]st¢¢s urge the MMittee"to CA)lltinue to tske ptoacttve steps to irtreaq¢ VenUe and rryluce cxpenditurr, with partiGu1 att¢ntion to wage & utility Gosts. Th¢ Ele¢rricity contract will be reviewed by the TrnStE * the tim¢ of its annll rertewaL Community engagement retllain8 strojjg, with the musi¢ festivaL ban(ts in the tlletnbers bar, and sp¢cial events Lxintinuing ta be higbligbts. 1bek cvents D)t o]dy f05tcr CoVlty spirit but a]50 contribute positively fo Club rttMllC6s aDd charitablc cauw. The Centre also host5 32 reglllar user groups aIotwid¢ ad4oc iwkiogs. Following l&st year's AW the tn¢¢& were pl¢&s¢d to see mntr suggestio% adopted.. {1) op¢niTrg the membeTs' b8r on Friday lunchtillw. (2) the intrLlOn of i Club llrWslet. Please keep the ideas Coming. Th¢ Cettre's c4)nstitution in¢lud¢s PTOYiSiOD3 for votiog on offi aud COD1]ittee tPr. It been 50me time 5itice this happeD4 a[ tho trustees enc]188¢ its reiThstatattertL In 2024, a decision w&% made to repla th¢ ageitig aLMI frwluentty l¥kiDg Ilat ttK)f. Th¢ tystees ¢xtend their thank5 to Pete Nonn3D for his rxcellent project manRgtm¢llt. However. the trtee$ re not informed prior to the awarding of the o)ntracL a sigThificaDt capitsl ¢xpendtture of £93251 Ph VAT 8nd th¢ tSt¢t5 requ&sted a delay so that th6 t¢nderiug pro¢¢ss could be reviewed l ext¢ndrf which was not forthcomiog. Howev, we fidly undsrstatHI that this irnVL%tmetit WBS alld its. the driver of the rrthic¢ion ill the Club's c&gh and tnvestn)ent position this year {£119,¢K>7). The C¢ntr¢ also inYest¢d in a JKW EPOS Now till systw. While initsal 5cthp PTesent&J s(¢ clmllenges, thtse were hattdlcd effeGtiYely by thc offAce.team. The 5ySt¢m Iw led kn a sigulfit reduction in payment proce&8ing fees (from 3% to wnder 1%), streamlined daily cashing4w pmcedures. and enabled bkoffIc¢ pricitig updates. Guests oow pay a hi8her rate iD th¢ rnernbers. bar, while mernFr5 Cunentty continue to benefit from pr¢f¢rctLtiai PriCiD8 througho(rt the Ctre.
Coleview CommMDity Centre Trnstees, Report (¢oDtilllled) StAtement ofReypon8ibilibt8 Th? trusiec5 are responsible forpreparing the frusrees. report And the fmancial 5tstenkcnts in a¢GoTdance with the Unitcd Kingth>Tn A¢¢owhting StsTrdards (United Kingth>]n GtraIty Acc¢pt¢d A¢couThting Prtic¢) and applicable law and iegulatiOD5. The l&w applicthleto ¢lwities r¢quiTes th¢ tJuste¢5 to pr¢p4Te financial staL•nents for cach financiai year which give tye and fair vicw of the stth of affairs of thc eharity aud of the incoming )Ysour¢¢5 aDd application of resour¢es of thc charity for that pera(wJ. tll preptirillg these firo1¢iai sraternets, tbe ttustees are required to.. sele¢t suitable WUDtin8 wlici¢s alldthc apply them consistendy. ob5crv¢ the methods and pr1n¢ipl in the Chati¢Èes SORP. make judgements and liat¢S that are re&sonable and p. state whether app]icable accowkting standards Ik4v¢ ln followe& subject to any material departur¢5 disclos and ¢xplained the fiDaEKiaI Statellts. prewdre the finrial 5tatonents LYJ the going concern b&8is uDlus it is inappropriate to presume that the charity wiu continue in bu8ine&8. The frustee5 are re5POll5iblc for kceping proper accounting r¢¢ords that disclose with re&%onabl¢ accuracy at #ny tim¢ the financial position of thc charity aThd enable them to ¢Dsure thatthe finattcial statements comply with the chltIeS Ad 2011, the Cbarities lAcVts atld RewTrnS) Rc8ulation$ 2008. th)d the provisions of th¢ Gollstitirtion. Th¢ tnut¢¢5 ar¢ also rwDsible for stfeguarding the assets of the chlty and hence for takiug reasonable steps forth¢ prevention and dthction of fraud alld othu irregvlaritie8. The trwtees are re5POn5ible for thc mairltenatte and integryty of the corporate financial iDform&tion included on the charitable compallgs EbSIt& Legislation gov¢rning the preparation alld dissemin¥ioD or finatkcial statemeots m&y differ from legislation in otheTiurisdidioiJs. The annual reportNS 4iprovedby the tnttr& of the eknity on..3.-8.-. LFand signed on its behalf by: N Redd&wHy TTUStee P8ge4
Coleview Community Centre Independent Examiner's Report ¢0 the trustees of Colevieiv Community Centre I report to the ttets on my eXamItion of the 8CL%>ullts of Coleview C(rt)uDwiity C¢ntr¢ for the yeyr eDd¢d 31 DeEr 2024. Resp)nsibi]itles basly of report As the tharity trustecs of Colcview Cotlllllunity Centre you are rwonsible for the preparation of the cOUnts in accordance with th¢ wirements of th¢ chariti A¢t 2011 ('the Act,). I report in respert ofmy ex2TnitiOts of the Coleview Comtllutiity Cetttr's acwunts Carri out under section E45 of th¢ 201 L A¢t and in carrying my exanLitiation I have followed all the wlicable DirecttoDs giv¢n by the Charity Cotimiission wukrse¢tion 145(5Xb) of Ihe A£L tlldepelldt eminer's 3t#tem¢llt I have completed my examiDatioL I confirin that materisl matter5 have come to rny attention in coDnectioo with the ex8minali¢)n giviDg Dje causc believe that in any llterIal respe¢t.. .. ao(¥MJntillg re¢oTds wu¢ noi kept in rewtof Col¢vi¢w CottunuDity Cffltre &g reqwrwj by se¢tion 130 Of . the Actr, or 2. th¢ a¢counts do lloi Hord1th tl¥)sc rttoriLs' or 3. the accounts do tM>t cornply with th¢ acL¥untitE8 rquirements n¢¢millg the forn? and content of accouts set out in th¢ (&ariti&s (Accounts and R¢pon51 Regulttii)tL$ 2008 other thaD any requirwDent that the account5 gtve a 'tsv¢ and fair view Ml¢b 1$ Dot a Dutter considered &8 PArt of an ind¢p¢nd¢nt I have ao concetns aTrJ have ¢ome auoss DO othErmatt¢rs in with the exami0 to wbi¢b attention should be drawn ithiS r¢portin order to ¢nabLe aproper uLd¢rSlwlg of the awxallts to be reachcd. Liga HobbsFCCA Chw*Ted A4xountaLts R¢gistued Audttots 2 OldBath Road Ntwbwy - Berkshire RG14 IQL Pag¢ 5
Coleview Community Centre St2tement of FinaDei81 Aelivitses for the Year Ended 31 December 2024 Unrestricted Totsl 2024 ole Income and Endornty from: Voluntary iDcome 20.408 24,007 11.305 80,071 20,408 24.Q07 IIJ05 80.071 InvesttneDt iM)llLe .Total income 135.791 135.791 Expeuditure r•ll: Raising fimds Charitsble activities (66J30) 183,725 (66,330) (183,725) Totsi expenditsJr¢ (250.055 250,055 wdittre 114264 114264 hktmovernent in fimth (114,264} (1142641 R¢concillatAon of TO fimds brougbt foTrYard Totsl finds carried fonv4rd 1,689.777 1.689.777 13 1.575.51 iIDrestritted 1.575,513 Totsl 2023 Income •nd Endowments fronL' AcLiviti¢s forgenerAt8 fi vesthient 27.083 12,898 78.827 27,083 12.898 78.827 Totsl (ncon 118.808 118.808 Expendtfvre on: Raising fvnds Charitr4bl¢ a¢tivitiC5 (3,828) 189.756 (3,828) 189.75 Totsl vxpetiditure Net expdItre 193,584 193.584 74,776 74.776 Net movement in funds {74,776) {74,776) Reconclliatlots of fimd8 Tothl fuDds broutht forward Total fulld5 canied fonY8xd 1,764.553 1.764,553 13 1,689,777 1,689,777 All ofthe rbaritys acttvitiu derive from wntiouiDg op¢tations the 8knve two periods. Th¢ fud5 brcakdowi for 2023 As iti notc 13. The on Wdg&8 8 to 15 forni an Int¢3[ partof fith#ncial stat¢mettts. Page 6
Col¢vieiv Community Centre (Re£istration number: 265702) Balance Sheet w at 31 Deceffjber 2024 2024 2023 No¢¢ assets TaDgible assets Invesknnents 1.289,871 178.692 1288,474 170,947 io I,468.563 1.459.421 Currettt Assets Ikbtors Cash at bauk and in hand li 24224 104,801 16,781 232,235 129,02S 249,016 Creditors: falling due wÉthln on¢ yar 12 22.075 18,660 Net current gssets 106.950 230,356 Net Sets 1,575.513 ,689,777 Fundg of the chArlty: Unreltricted Income fvnds Unrestricted hnds 1.575J13 1,689.777 Total fands 13 I S75.513 1,689 777 The fvjanc Stat¢ents on pages 6 to 15 appmved by th¢ trustees. aDd authori5ed for issue on . ffjd sigoed orn their b&a]f by: TNste¢ The nol¢s on p88ts 8 to IS forni an int¢8Tai partof thtse fiDattGi81 S[atemts. Page 7
Coleview Community Ctntre 4ot&s to the Fin2n¢i41 Slatements for Ihe Ye4r Ended 31 De¢ember 2024 I Ac¢ollDtillg pollcios Ststement ofcomplin¢e The finallcial 5tatertLeDts b¢ell PT¢pared in accordance with the ¢ditiOll J)f the Cbarities StstemeTht of . . ReCon¢nded Practice i55ucd Octokr 2019, thc FinaDcÈat Rewrttng Stslldard 4>pli¢able ill the United Kingdom and liepublic of Irelaod (FRS 102) alld tbe (I8rities Aci 2011. B05is of prepargtion ColeNyew Conllnunity Centre me&s the defjnition of t public benefit entity under FRS 10?. The a¢Goimts "' , :. (fiDancial.slateellts) have been prepared lder the histOFical cost wnvention with itwns re¢ogniseil at cost OT .. . ttaDsa¢tion v&lu¢ unless oth¢rs¢ stated in the relevant notrfs) ¢0 th¢s¢ &CUnts. "Gokng e•neer The trv5tEf5 consider that thèxr no mat81 uncertaiDtie5 aknut the chIty'S ability t(Tr colltiDue Is a going ::.: Jnc(Iiiie and eDd0Triqellts . VolUntY income includiD8 doD8tiODS, 8ifi4 Icgacies and 8fdnts that pr(svide core fundins or are of a generai natur¢ is Tecognis¢d when the ¢harity bas entiknent to the irw]n4 Trt is probable th8t the in¢ome wil! b'e. re¢¢iYed and the amount ¢an be m¢a5ured wlth sufficient r¢liability.."" .DonatilS l¢ga¢ies ar¢ re¢ognis¢d on a r¢ceivobl¢ basis whffl elpt is pro.bable and th¢ amount'Gau be."" re]iabiy ]llea5UTed. Voluntary income including donatiojjs, legacies and grants that pmvide core furtdins Or.9 o!.a 8enua] pature is,t.:': recognised when the ¢barity has éniidemeth b) the iticonie 2nd" it is probable th&t thè income WAII be received." d the mount ¢an be measwed wrth sufficientreliabdity. Exptndituré All expcnditurc is Tecognssed once there is a legal or con51nictive obligation to that expenditore, it is probable. .. settlement is required and the am(MJnt be rneasured reliably. AII tost5 are allrtated to the applicablé "" extatture hea(litJg that aggregate Simil rJTrsts to that category. Wherè costs ca]Jnot be dir¢¢t]y attributéd to . particular headit)gs th¢y bav¢ been allocated on a basis coDsist¢nt with th¢ use of resi)ur¢¢s, with central staff""" . Gosts allocat¢d on thè basis.of tjine spent, and depreciation Chae5 auocated on the portion of the &s¥et'5 U5¢,, . Othct &upport costs grc allocated b&sd on the $prd of staff cos RoL¥kngfunds' These 3re costs illCUrr in kntsng volulltary illo)JDe. the maJRg¢metrt of investmEnts and those TrnGurrèd ijl: trading activities thatTaise funds. GoY¢rn*ct eosts These include th¢ w5ts adributable io the dJaTity's complice with ¢onsiitutioDai and statutory Tquirements. including Audit. straiegi¢ management and trltstees m¢etings atid reimbursed expenses. Page
Coleview Community Centre Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) "D¢reciatiorJ •DLortisatson D¢pre¢iation i5 provid¢d on tyngiFtle fixed assets so &$ ID lThTite off the c4)st or Valuati less any ¢stim&t¢d 'residiial value, ov¢rtheir ¢xpectcd usefid economi¢ lif¢ follows: '.Asset class Motorvehicle5 FixtuÉe5 & fittillgs Depredtifjll rate 25% reducing balanc¢ IW• to 20%straigbi IiDe basis i)"UnDg the year. th¢ Ikpreciation method fw fixttjw aDd ffttiDg w&% updated from IO% to 20gA Jyducing balauee basis to 10% to 20Yo stiaight line b&sis. Ass¢ts held OD the accountiDg poiÉcy cbsngc with a net book vaiye tes's th £100 but 8T than fiv¢ y¢ats old have been deprlated fully. . Mxed asset inv¢stmellts Fixed &%seLinvesiments, oth¢r thaD ptroae reled includa at m•¢t ylle at the balonc¢ .. rSheet date. Reaiised gains and k¢$ on invesljnepts or¢ cglculated as the differellfE bEtwe¢tt salE5 prore¢ds arnd their niaFk¢t vaiuc at the start of the y¢ar, or their subs¢4ueLt cosL and ar¢ c¥¢ or credid to the Statement oeFirtancial Activiti&s in the period of dispwL Unr¢a]isèd.g•ns snd lo reprelakt the moyement in tnatkrt values during the yew attd ar¢ GlIted or ¢h8rged tt> the Statement of Finan¢ial Adivities bas¢d on th¢ mthet al the year end. '.Invcstments iti a&%ociat¢s ar¢ accounted for using the ¢quity etrMI. InvestmeDts iu $0¢ateS are initially .' tecogttEsed'at the transaction pri¢e {inchlD8 tratts&tion costs) and ¥re subse4wently adjustcd to r¢flect the '.charitie5 share of the pfit or loss other e0mwehc8lyr iTKome of th¢ associat¢. Goodwill 8]ising on th¢ acquisitioTh of a550ciates is accounted for iti a¢a)rdall¢¢ with the policy set aiK>ve. Ally ulwllortised ba]8llte of"&(MJdMiiL is irlcluded inthe catrying value of the itsYaTttnent in &ss0¢iates. ".Tr4de btOrS Trath'debtors ar¢ amounts due 081er9 fr llW¢ldi5e sold or Servic perfornied itt the ordinary ¢OUtse of.business. Yjxde d¢btors ate recognised initially at the trsnsaGÉion price. Th¢y ar¢ subsequentiy at amortised cost using.Ih¢'¢fftctive interest method. provisioD for impairni-.llt. A provisiots for the iD)p&ient of trade '"d"ebtotsis established there is objectsv¢ evide¢ thatthe chatity i*ill not be able th) collert all due '.¥ccotding.to the origill81 t8 of the 1Vable$. _s$h apd.Éash t41val¢llts ".CastL"":alld.tash equivaieDts coftllpri5e casb on hand al dqx)sits. and otbet short-tem] higbly Liquid iryvesttll¢nts that are readily convertible to a amount of ¢wh and subject to an itLsiglli6(ant risk of cttsEt8o"iTh value." -T_rado ereditors Trade creditors at¢ oblAgatioThs to pay for 84y)ds or s¢rYi¢¢s that huv¢ been aoquired in the Ordinary COrSt of bii&ill¢s8 from 3uppiier5. Ay)nts payable are ¢1fied #s ¢u]rent liabilities if the cbarity d<)es not have an Ut)¢onditiollai nght, at the tlld of the reyTrrttDg perirML to defer Settieent of the creditor for at l¢ast twelve . tIiOiith5.aft¢r the r¢pOrtn£ date. t(the is ao ullcondlti(al rigbt to defer settlemwtt for at Iwst twelv¢ months afterthe rcpo"rting dat¢. tbey are pr¢s¢ntol as nowurreDt liabiitts&%. Page 9
Coleview Community Centre Not to the Financial Statements for the Year Endwj 31 Deeember 2024 {¢ontinued} 2 ID£omt from doknx(ioll$ Dd le8acie8 Unrestricted fund$ Totsl 2024 Donations and k8a¢ies' 20,408 20,408 20,408 20.408 3 Income from tr•ding #etfvi(ies funds O(her Tolal fund• Tot41 2023 TradiDg inwme. Sales of goods and seI¢¢S Othertrading ineome 4,709 11062 4,709 12.062 4,838 12.210 Other eVts 7.236 7236 10,035 24,1? 24,007 27.083 4 Investlln incom¢ Llnr&stricted funds Other Total 2024 TotAI 21123 tnterest roceivable and simmar Interestye¢eivable Oll bank d¢posAts 0th6r incom¢ from fixed asset inveslmerts 3.560 7,745 3.560 7.745 1572 10.926 11.305 11,305 Page 10
Coleview Community Centre Notes to the Financial Statsments for the Year Ended 31 December 2024 (continlled) s--..other illcome Total 2024 Totsl 21)23 R1"inCOMe 80.071 80.071 78,827 6": Anaiysls of KovenwDee *lld 5pport ea%ts Sup"p.ort tosts. Unres¢Tic¢ nds Other Tot#1 2023 Wages atsd salaries nsion costs indepetident exa1¥ fees 53.146 1.819 53.146 46.524 458 1,800 5,343 121,617 183,725 1,8QO 5.343 121,617 1,725 10,181 130,868 OÈhÈr governance costs . 183,725 189,756
Coleview.Community Centre Notes to the Finaneial Statements for the Year Ended 31 December 2024 (continued) 7 &ff costs Th¢ aggtygats ptyroll costs as folhws: 2024 2013 Stff eosts duTiug theyeAr were: Wages and sa]aTi¢s Pen8ion costs 53,146 1.819 46,524 458 54.965 The aveTag¢ nutnber of perso ¢mployed by the ¢knity (including tn) during the year, 8naly8¢d by C4fr80ry, was follows.. 2024 No 202J No Charitabl¢ Actiytties Gov¢rnance 31 28 33 30 No employe¢ rC]ved emolu]DCDts of more than £60.000 during th¢ year 8 T#tOn The ¢hatity is a registered tharity aDd istheTtfort exeJDpt from *10 Page 12
ColevieTv Community CeDtre Notes to the FiDanelal Ststements for the Year Ended 31 December 2024 (contilluD . 9 Tangible fixed Fithres, fitiiDgs and ¢quipmeDt Iand and buildiuy Tot*1 At L January 2024 Additions DistK)sais At 31 Deeetnber 2024 1.181250 93251 19 462.411 5,625 11 J44 1.643,661 98.876 77,563 1208282 456,6Y2 1.664,Y14 Deprecixtioll At l Jwiuary 2b24 Charge for the year Eilmilled on disposals 355,187 31.150 (11.234) 355,187 31,150 11234 At 31 December 2024 375,103 375,103 Net book valu¢ At 31 Deretnber 2024 1208282 81,589 1,289,871 At 31 December 2023 1.181250 107224 1,288,474 lil Flxtd 4sset iNv¢stmeDts 2024 2023 OtlLer itNestinents 178,6W2 170,947 Pag¢ 13
Colevieiv ComThunity Centre Notes to the Financial Statements for the Year Ended 31 December 2024 (contilllled) Investments held s fix&1 a98ets investments Totsl Cost orvaluadon At l January 2024 ReVu&t1OD 170.947 7.745 170.947 7,745 At 31 De¢¢mEtr 2024 178.692 178.692 book v•loe Ats31 D¢c¢mb¢r 2024 178,692 178.692 At31 De¢¥mbeT 2023 170947 170,947 All illvesttnent a8seL% were h¢ld ID theu 11 Debtor8 2024 2013 Trade debtors Prepayments 2.9S I 6.766 14,477 24224 1,128 5,176 10.477 16,781 12 Cr¢dlton: •nwnnts f du¢ wllhin one yar .' 2024 2023 oth tsxation and s*urity Other creditors Accjwals &172 1,178 2.056 10,669 Y2,075 2.915 2.545 1,572 11,628 18,660 Page 14
Coleview Cojnmunity Centre Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 13 Funds Balnet at 31 B•l2nee It I JtsuAry2024 Ipcorntng 2024 UnrestrA£twi funth 1.689.777 135.791 250,05 1,575,513 Unrestrided BalaDce at 31 Detember 2023 BAl*uce at I Jaltsuary 2Q23 tntomlng R¢sourt¢s tded Unreknlded fuDds 1.764 118.808 (193 584 1.689.777 Page IS
Coleview Community Centr¢ Detailed Statement of Fingllcial Aetivities for the Year Ended 31 December 2024 Totsl 2024 Tolal 2023 IntOD* Endowments Voluntary ineome (analy&ed below) A¢tivities thr 8etwating fimds (anatysd lOw) Illv¢5tmt i)Me (wly5cd below} Other incomiti8 resOU¢S (• below) Total iDc4)me 20,408 24,007 11.305 80,071 27,083 12,898 78.827 135.791 118.808 ExpellditUT¢ on: Raising fuuds (allajys below) Charitsble xtivities {analysed be]ow) Totsl (66,330) (183.725 (3,828) 189,756) 250,055) 114,264 193.584 Net expe11][¢ 74,776 Net mov&n¢nt in fimds {1142641 Rethnci]igtioD offimds Total fLUtds brougbt forM•rd Totsl funds earyied forward (74.776) 1,689,777 1.764,553 1,575,513 1.689,777 . This page does t fonn part of th¢ slxtutory financi slzte4tk¢nts. Page 16
Coleview Community Centre Detailed Statemenl of Flllancial A¢tiYtties for the Year Ended 31 Dettmb¢r 2024 (contiuuwl) Totsl 2024 Totsl 2023 Yothnthry Income Donations from Colevi¢w TTwling Company Limited 20,408 20.408 Adiviti£FloTgenerthgl4nds Membership Lottery ma¢hine rryxipts Futsdraisitig 12,062 4,709 7236 12,210 4,838 10,035 24.007 27,083 Interest on c&th depoyits Rea]ised and Unrealis gal on investrttent 3,560 7.745 2,572 10,326 11,305 12.898 Otherlncomlng r¢Sre Rent from Col¢vi¢w Trading GNntAny Limtt¢d Lettitt 33,333 46,738 80,071 32,083 46.744 78.827 Rol$iNgS4nds (ProfitNloss on di8posAI of tarLgible assds 66,330 (3.828 (3,828 66,330 Page 17
Coleview Community Centre Detailed Statement of Financial Activiti for the Year Ended 31 December 2024 (continued) Total 2024 Totsl 21123 CIMrltt¥ble Wages and 581aries Staff p¢AJslons (D¢frn wknljution) (53,146) -(1.819) {2J53) (27,9) (S.758) (17.975) (1826) {1283) {46.5241 (458) 562 (32,376) {5,365} (25,891) (2,3841 (1,181) Ligbl heat and pow Insurance . Repairs and renewal8 Telephon¢ and illtun¢t Printill& w>stsg¢ and sthtionery Sunthy exp¢nse8 F ji {16.100) (7.100) (7.936) {150) {1,800) (1,130) (4213) {64) {930) 31.150 Qusic festivaI Cleaning Live music tndcpcndent fee B(Kkeeping L¢gal and professioJ)al fcts Bad debts writt¢n off Ba]Jk charges Depreciation of fred a$5&5 (16,405) (5,400) (6J78) (500) (1,725) {5,S92) (4289) (705) 34,845 189.756 183,725 This pw dots rw)t forn part of tbe s(2tutory finattcial 8tllent Page 18