WANGFORD & DISTRICT COMMUNITY COUNCIL
CHARITY NUMBER 267926
STATEMENT OF ACCOUNTS
____ For the year ended 31 March 2025
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WANGFORD & DISTRICT COMMUNITY COUNCIL
ESTABLISHED BY DEED
CHARITY NUMBER 267926
Registered Address: The Oaks 34 Elms Lane Wangford Beccles Suffolk NR34 8BA Trustees: Vacant Chairman Mr M Woolnough Vice Chairman Vacant Treasurer Mrs S Hosking Secretary Mrs S Taylor Minute Secretary Mrs M Chapman (resigned 31/03/2025) Mr R Miller Mr G Scriven Mrs E Utting Mr R Baker Bankers: Barclays Bank London Road South Lowestoft Suffolk NR32 1LT Independent Examiners: Ensors Blyth House Rendham Road Saxmundham Suffolk IP17 1WA
WANGFORD & DISTRICT COMMUNITY COUNCIL
STATEMENT OF ACCOUNTS For the year ended 31 March 2025
INDEX
| Page(s) | |
|---|---|
| Trustees Annual Report | 1 - 3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts |
7 - 10 |
WANGFORD & DISTRICT COMMUNITY COUNCIL
ESTABLISHED BY DEED
CHARITY NUMBER 267926
TRUSTEES REPORT FOR THE YEAR ENDING 31 MARCH 2025
Details of the Trustees and advisors can be found at the front of these accounts. The constitution of the charity was adopted on 31 March 1971 and amended on 16 March 1993.
Following the merger of the Wangford & District Community Council and the Wangford Community Centre the constitution remains as at 16 March 1993. The revised constitution and changing the Charity status to CIO is still under consideration and will be presented at an AGM, or if necessary, an EGM.
Objectives and Activities
The charity was established to provide recreational facilities, playgrounds, community centre and other amenities of a similar character for the benefit of the community residing in Wangford and the neighbourhood. These are provided in the interests of social welfare with the objectives of advancing education, furthering health, relieving poverty, distress or sickness, and improving the condition of life of the people residing within the area of benefit.
The charity can raise funds by subscription or otherwise for the furtherance of the Council’s objectives. Throughout the year the Council has been instrumental in raising funds and making donations for charitable purposes.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Finances
The attached financial statements show the current state of the finances with a net deficit for the year of £(12,190). There was an unrealised loss on investment assets of £(2,213) for the year meaning that the overall net movement in funds was a loss of £(14,403). This has reduced the closing accumulated balance of total funds to £259,137, compared to closing total funds of £273,540 at the end of the previous year. The current funds available comprise net current assets of £2,240. The General Fund investment with COIF had available funds of £ 98,793. The balance of funds held relates to equipment at their depreciated value.
Social Fund
A separate bank account for the Social Fund is no longer maintained but an amount of £1,911 is designated for this purpose in the General Fund. There has been no call on this fund during the year. The Business bank account has been closed and the balance of 51p transferred to our current account.
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WANGFORD & DISTRICT COMMUNITY COUNCIL
ESTABLISHED BY DEED
CHARITY NUMBER 267926
TRUSTEES REPORT FOR THE YEAR ENDING 31 MARCH 2025 (continued)
General Fund
The charity received £25,025 in income from hirings of the centre, fundraising and donations from organisations, groups and individuals.
We received a donation from the Henham Steam & Country Show formerly Grand Henham Steam Rally which was our main source of income. The Council decided that ‘Wangford Help’ was no longer required at present but would reactivate in the future if required. In December we arranged a free Christmas Lunch for fifty people, served by local volunteers. Monthly afternoon teas have continued with a regular group of locals attending. It would be good if more people from the village and surrounding area attended. Main expenditure was £7,760 for redecorating the main hall, kitchen and entrance hall, new LED lighting replacing the old lights in the main hall. Water and sewage charges remain high. A new two-year fixed price contract for the supply of electricity and gas started in the autumn ending in 2026. The centre continues to be maintained in good order.
There is no longer a designated ring-fenced amount for Christmas lights. The amount ring fenced for Afternoon teas is £404. The defibrillator fund has now been utilised and there will need to be discussions on how this is funded in the future, either by the Community Council, the Parish Council or jointly.
A grant of £1,000 was received from East Suffolk Council for use in setting up a drop-in meeting place on Wednesday evenings for those aged 8 -16 years to meet and take part in various indoor activities and also use the multi games area for ball games, thanks to the Parish Council allowing free use of this area.
The Charity has funds invested in COIF and the bank current account is in credit with a reasonable balance. Together they will meet any liabilities and obligations.
The Trustees introduced a policy on reserves, and they are satisfied that the current level of investment is sufficient to maintain the centre. They agreed to a policy to maintain a minimum of six months’ running costs.
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WANGFORD & DISTRICT COMMUNITY COUNCIL
ESTABLISHED BY DEED
CHARITY NUMBER 267926
TRUSTEES REPORT FOR THE YEAR ENDING 31 MARCH 2025 (continued)
Income and Investment Policies
Cash reserves are discussed at bi-monthly council meetings.
The investments are held in COIF Charity Funds, and these are reviewed every six months. During the year units with the value of £8,000 were sold. Grants made by the charity are also discussed at these meetings. Grants to individuals are reviewed by the service committee to ensure confidentiality.
Council Trustees
Any local person over the age of 18 and members of the Parish Council, voluntary or sports organisations and clubs interested in furthering the work of the council can apply to become a trustee. One long serving trustee stood down at the end of the financial year.
Public Liability Insurance
The Charity’s public liability insurance is reviewed annually, considering the advice of the policy provider. Insurance for specific events is considered as and when they arise.
Vice Chairman
27 January 2026
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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WANGFORD & DISTRICT COMMUNITY COUNCIL FOR THE YEAR ENDED 31 MARCH 2025
I report to the Trustees on my examination of the accounts of Wangford & District Community Council for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
-
i. the accounting records were not kept in accordance with section 130 of the Act; or
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ii. the accounts did not accord with those accounting records; or
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iii. the accounts did not comply with the applicable accounting requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement 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.
Helen Rumsey FCA Ensors
Blyth House Rendham Road Saxmundham Suffolk IP17 1WA
Date: 28/01/2026
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WANGFORD�AND�DISTRICT�COMMUNITY�COUNCIL
STATEMENT�OF�FINANCIAL�ACTIVITIES
For�the�year�ended�31�March�2025
| Fortheyearended31March2025 | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |||
| Note | Funds | Funds | Funds | Funds | Funds | ||
| 2025 | 2024 | ||||||
| £ | £ | £ | £ | £ | |||
| INCOME | |||||||
| Donationsandlegacies | 2 | 100 | � | 1,000 | 1,100 | 18 | |
| Charitableactivities | 2 | 25,025 | � | 30 | 25,055 | 19,708 | |
| Total | 25,125 | � | 1,030 | 26,155 | 19,726 | ||
| EXPENDITURE | |||||||
| Charitableactivities | 3 | 37,122 | 78 | 1,145 | 38,345 | 28,248 | |
| 37,122 | 78 | 1,145 | 38,345 | 28,248 | |||
| Netincome/(expenditure) | (11,997) | (78) | (115) | (12,190) | (8,522) | ||
| Gains/(losses)oninvestmentassets | 5 | (2,213) | � | � | (2,213) | 10,157 | |
| Netmovementinfunds | (14,210) | (78) | (115) | (14,403) | 1,635 | ||
| Transfers | � | � | � | � | � | ||
| Totalfundsbroughtforward | 271,031 | 2,393 | 116 | 273,540 | 271,905 | ||
| Totalfundscarriedforward | 256,821 | 2,315 | 1 | 259,137 | 273,540 |
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WANGFORD�AND�DISTRICT�COMMUNITY�COUNCIL
BALANCE�SHEET
| Asat31March2025 | |||
|---|---|---|---|
| 2025 | 2024 | ||
| Note | £ | £ | |
| FIXEDASSETS | |||
| Building | 4 | 156,800 | 168,000 |
| Equipment | 4 | 1,304 | 1,738 |
| InvestmentinCOIF | 5 | 98,793 | 93,006 |
| 256,897 | 262,744 | ||
| CURRENTASSETS | |||
| Prepayments | 752 | 649 | |
| Bank | 2,016 | 10,519 | |
| Cashinhand | � | � | |
| 2,768 | 11,168 | ||
| LIABILITIES | |||
| Amountsfallingduewithinoneyear | |||
| Accountancy | 390 | 372 | |
| Dropinyouthactivitiescreditor | 138 | � | |
| 528 | 372 | ||
| NETCURRENTASSETS | 2,240 | 10,796 | |
| NETASSETS | 259,137 | 273,540 | |
| REPRESENTEDBY: | |||
| Unrestrictedfunds | 256,821 | 271,031 | |
| Designatedfunds | 6 | 2,315 | 2,393 |
| Restrictedfunds | 7 | 1 | 116 |
| 259,137 | 273,540 |
Approved�by�the�Board�of�Trustees�on……����������….and�signed�on�their behalf�by:
Vice�Chairman
���G�Scriven ����Trustee
The�notes�on�page�7�to�10�form�part�of�these�accounts.
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WANGFORD�AND�DISTRICT�COMMUNITY�COUNCIL
NOTES�TO�THE�ACCOUNTS
For�the�year�ended�31�March�2025
1���ACCOUNTING�POLICIES
Basis�of�preparation
The�financial�statements�have�been�prepared�in�accordance�with�Accounting�and�Reporting�by�Charities:�Statement�of� Recommended�Practice�and�in�accordance�with�the��Financial�Reporting�Standard�applicable�in�the�UK�and�Republic�of� Ireland�(FRS102)�and�the�Charities�Act�2011.��
The�charity�constitutes�a�public�benefit�entity�as�defined�by�FRS�102.
Preparation�of�accounts�on�a�going�concern�basis
The�assessment�of�the�trustees�is�that�the�charity�is��a�going�concern.
Income
All�incoming�resources�are�included�on�the�Statement�of�Financial�Activities�when�the�charity�has�sufficient�certainty�that� receipt�of�the�income�is�probable�and�the�amount�can�be�measured�reliably.��Income�from�investments�and�from�rental� income�is�included�on�an�accruals�basis�for�the�period�to�which�the�income�relates.
Expenditure
Expenditure�is�recognised�once�there�is�a�legal�or�constructive�obligation�to�make�a�payment�to�a�third�party.��It�has�been� classified�under�headings�that�aggregate�all�costs�related�to�that�category.��Where�costs�cannot�be�directly�attributed�to� particular�headings�they�have�been�allocated�on�a�basis�consistent�with�the�use�of�resources.��The�charity�is�not�registered� for�VAT�and�accordingly�expenditure�is�shown�gross�of�irrecoverable�VAT.�Grants�offered�subject�to�conditions�which�have� not�been�met�at�the�year�end�date�are�noted�as�a�commitment�but�not�accrued�as�expenditure.
Tangible�fixed�assets
Depreciation�is�provided�at�the�following�annual�rates�in�order�to�write�off�the�cost�less�residual�value�of�each�asset�over�its� estimated�useful�life.
| Buildings | 4%SL |
|---|---|
| Pianoandstool | 10%SL |
| Equipment | 25%RB |
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WANGFORD�AND�DISTRICT�COMMUNITY�COUNCIL
NOTES�TO�THE�ACCOUNTS�(continued)
For�the�year�ended�31�March�2025
| 2INCOME | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | Funds | |||
| 2025 | 2024 | ||||||
| £ | £ | £ | £ | £ | |||
| Donationsandlegacies | |||||||
| Donations | 100 | 100 | 18 | ||||
| Grantsreceived | � | 1,000 | 1,000 | � | |||
| 100 | � | 1,000 | 1,100 | 18 | |||
| Charitableactivities | |||||||
| Hallletting | 2,796 | 2,796 | 2,336 | ||||
| Fundraisingeventsincome | 21,509 | 21,509 | 12,214 | ||||
| Snookerroomincome | 720 | 720 | 580 | ||||
| Afternoonteaincome | � | � | 580 | ||||
| Insuranceclaim | � | � | 2,303 | ||||
| Covid19volunteergroupreimbursements | � | � | 1,640 | ||||
| Carolconcertcollectionfordefibrillatorfund | � | 30 | 30 | 55 | |||
| 25,025 | � | 30 | 25,055 | 19,708 | |||
| Incomefrominvestments | |||||||
| Interest | � | � | � | � | � | ||
| � | � | � | � | � | |||
| TOTALINCOME | 25,125 | � | 1,030 | 26,155 | 19,726 |
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WANGFORD�AND�DISTRICT�COMMUNITY�COUNCIL
NOTES�TO�THE�ACCOUNTS�(continued)
For�the�year�ended�31�March�2025
3��EXPENDITURE�ON�CHARITABLE�ACTIVITIES
| 3EXPENDITUREONCHARITABLEACTIVITIES | |||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | Funds | |
| 2025 | 2024 | ||||
| £ | £ | £ | £ | £ | |
| Rentandinsurance | 649 | 649 | 557 | ||
| Caretaker | 1,919 | 1,919 | 1,908 | ||
| Gasandelectricity | 2,700 | 2,700 | 1,356 | ||
| Ratesandwater | 787 | 787 | 1,195 | ||
| Refuseandcleaning | 1,249 | 1,249 | 1,152 | ||
| Eventexpenses | 7,151 | 7,151 | 503 | ||
| Repairsandmaintenance | 9,623 | 9,623 | 6,216 | ||
| Christmastree | 110 | 110 | � | ||
| Christmaslunch | � | � | 184 | ||
| Afternoonteas | � | 78 | 78 | 98 | |
| Defibrillatorpads | � | 146 | 146 | 283 | |
| Snookerroomexpenses | � | � | 66 | ||
| Printing,postageandstationery | 49 | 49 | 57 | ||
| 50thAnniversarysupplementprinting | 320 | 320 | � | ||
| Musicandconcertcosts | 250 | 250 | � | ||
| Miscellaneousexpenses | 177 | 177 | 173 | ||
| Dropincostsforyouthactivities | 999 | 999 | � | ||
| Donation�Coronationmugs&BigLunchevent | � | � | 462 | ||
| Donation�Communitygardenrosebushes | � | � | 191 | ||
| OtherDonations(fromcarolconcert) | � | � | 55 | ||
| Covid19volunteergroupexpenses | � | � | 1,640 | ||
| Accountancy | 504 | 504 | 372 | ||
| Depreciation | 11,634 | 11,634 | 11,780 | ||
| 37,122 | 78 | 1,145 | 38,345 | 28,248 |
4��FIXED�ASSETS
Building���Wangford�Community�Centre�
| Building�WangfordCommunityCentre | |
|---|---|
| £ | |
| Costbroughtforward | 280,000 |
| Additions | � |
| Disposals | � |
| Costcarriedforward | 280,000 |
| Depreciationbroughtforward | 112,000 |
| Chargeforyear | 11,200 |
| Ondisposals | � |
| Depreciationcarriedforward | 123,200 |
| Balanceasat31March2024 | 168,000 |
| Balanceasat31March2025 | 156,800 |
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WANGFORD�AND�DISTRICT�COMMUNITY�COUNCIL
NOTES�TO�THE�ACCOUNTS�(continued)
For�the�year�ended�31�March�2025
| 4FIXEDASSETS(CONTINUED) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Pianoand | Rideon | HotDog | Cooker,Fridge | ||||||
| Stool | mower | Lawnmower | Stall | Dishwasher | Total | ||||
| £ | £ | £ | £ | £ | £ | ||||
| Costbroughtforward | 2,030 | 3,265 | 2,340 | 2,556 | 4,154 | 14,345 | |||
| Additions | � | � | � | � | � | � | |||
| Disposals | � | � | � | � | � | � | |||
| Costcarriedforward | 2,030 | 3,265 | 2,340 | 2,556 | 4,154 | 14,345 | |||
| Depreciationbroughtforward | 2,030 | 1,696 | 2,331 | 2,539 | 4,011 | 12,607 | |||
| Chargeforyear | � | 392 | 2 | 4 | 36 | 434 | |||
| Ondisposals | � | � | � | � | � | � | |||
| Depreciationcarriedforward | 2,030 | 2,088 | 2,333 | 2,543 | 4,047 | 13,041 | |||
| Balance31March2024 | � | 1,569 | 9 | 17 | 143 | 1,738 | |||
| Balance31March2025 | � | 1,177 | 7 | 13 | 107 | 1,304 | |||
| 5INVESTMENTS | 2025 | 2024 | |||||||
| £ | £ | ||||||||
| Marketvalueat1April2024 | 93,006 | 88,849 | |||||||
| Purchasesatcost | 19,000 | � | |||||||
| Disposalproceeds | (11,000) | (6,000) | |||||||
| Netgain/(loss) | (2,213) | 10,157 | |||||||
| Marketvalueat31March2025 | 98,793 | 93,006 | |||||||
| TheinvestmentisheldwithCCLAinaCOIFCharitiesInvestmentFund. | |||||||||
| 6DESIGNATEDFUNDS | 2025 | 2024 | |||||||
| £ | £ | ||||||||
| ServiceFund | 1,911 | 1,911 | |||||||
| AfternoonTeas | 404 | 482 | |||||||
| 2,315 | 2,393 | ||||||||
| 7RESTRICTEDFUNDS | 2025 | 2024 | |||||||
| £ | £ | ||||||||
| Defibrillator | � | 116 | |||||||
| Dropinyouthactivities | 1 | � | |||||||
| 1 | 116 |
10