GLADSTONE DISTRICT COMMUNITY ASSOCIATION Trustees Report and Accounts st For the year ended 31 March 2025 Charity number 268326 GLADSTONE DISTRicf COMMUNrrY ASSOCIATION Contents Reference and Administrative information Trustees Report Independent Examiners report Statement of Financial Actlvities Balance Sheet Notes to the Accounts io GLADSTONE DISTRicf COMMUNITY ASSOCIATION Reference and Administrative inforrnation Charity registration number 268326 Management Trustees Shabir Akhtar Ichairl Farhad Mousavi Ivlce Chairl Dr Mohammad Nawaz (Treasurer) Isra Khan Jawaid Khan Anamika Ghosh Salman Khan Snieguole Maliavskaja Holding Trustee5 Mohammad Afzal Mohammed Jamil Joint Chief Executive Officers Mohammed Choudhary Yasmin Ilahi Principal Address Gladstone House 316- 318 Gladstone Street Peterborough PE2 2BX Independent Examiner Mark Ray AAC Accountant5 Ltd Rycroft School Road roughton Cambridgeshire PE28 3AT Bankers Co-operative Bank plc Relation Account Support service team P.O.Box 250 Skelmersdal WN8 6WT GLADSTONE DISTRICT COMMUNITY ASSOCIATION Trustees Report For the year ended 31. March 2025 The Trustees present their report and the independently examined financial statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities" IFRS 1021 in preparing the annual report and flnancial statements of the charity. The financial statements have been prepared in accordance with the accounting policie5 set out in notes to the accounts and comply with the charivs governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities / Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 las amended by Update Bulletin I published on 2 February 20161. Structure, governance and management The charity is governed by a constitution adopted 14th May 1974 and amended 6th June 1975, 29th June 1989, 26th June 1990 and 14th July 2013. The management trustees who served durlng the year were.. Shabir Akhtar Gillian 8easley- appointed July 2024, resigned May 2025 Snieguole Maliavskaja - appointed July 2024 Dr Mohammad Nawaz Karen Igho~ resigned November 2024 Israr Khan- appointed June 2024 Jawaid Khan Salman Khan- appointed May 2024 Farhad Mousavi Anamika Gh05h In addition to the management trustees, the following persons served as a holding trustees.. Mohammad Afzal Mohammèd Jamil Mohammed Yousaf - resigned April 2025 None of the Trustees has any beneficial interest in the charity. The Trustees are responslble for the recruitment and appointmènt of the Trustees Board. The Trustees delegate the day to day management of the charity to GLADCA management. GLADSTONE DISTRI￿ COMMUNITY ASSOCIATION Trustees Report continued st For the year ended 31 March 2025 Objectlves of the charity The objectives of the charity are to promote the social welfare of the inhabitants of the Gladstone District and any individual working and living within the administrative area of Peterborough City Council, or living outside that administrative area but wishing to avail himself or herself of the benefit of or to acce55 the 5ervice5 offered by GLADCA. Artivities, Achievements and Performance of the year under revlew Gladca has been a cornerstone of the Peterborough community and its surrounding areas for over 50 years, offering a diverse range of essential services. One of our primary focuses is on education, particularly through our successful partnership with Inspire Education Group, which enables us to provide accredited courses. In addition to our educational initiative5, this year we have expanded our health and wellbeing service5, thanks to funding from PCVS and CCF. We have organized "Healthy You" sessions, yoga cla55es, healthy cooking workshops, and health awareness coffee mornings lo support the community's overall well-being. Our commitment to assisting the comrnunity extends to immigration services, funded by the Home Office and private cllents. These services have been consistently available throughout the year, ensuring that those in need receive the SLJPPOrt they require. We have also supported the homele5S with housing applications, helping them secure stable accommodation5. The Work and Wellbeing programme supports vulnerable/minority groups with English language skills, digital literacy, and access to health, welfare, and educational services, tiansforming the lives of migrants, refugees, and asylum seekers. In response to the ongoing cost-of-living crlsis, we provided food parcels ané supermarket vouchers to individuals and families in urgent need. Our support was particularly impactful for those awaiting Universal Credit or facing unexpected hardship, ensuring that no one in OUT community went without basic necessities. Public benefit statement The trust@es confirm they have met their obligations relating to public benefit. as detailed above in "Activities, Achievement5 and Performance of the year under review" Financial review for the year In the year to 31" March 2025 there was a surplus of £10,770. We are extremely grateful to all of the organisations that have supported our work during 24125 and the surplus lor the year will be invested into services in 25126 to enable them to continue. The closing reseNes were £226,235. GLADSTONE DISTRICT COMMUNITY ASSOCIATION Trustees Report continued For the year ended 31" March 2025 Reserves policy The trustees, aim is that the reseNes of the charity represent at least 3 months operating costs. Plan5 for the future (including principal risks, uncertalntles, and development and plans) For the financial year 2025126, our Charity plan focuses on three key objectives.. increasing student numbers in our educational courses, expanding our immigration services, and enhancing our Community service work. We aim to develop new courses, improve existing ones, and leverage online platforms to attrart more students. Our immigration services will be broadened with additional staff and more comprehensive consultations to meet growing needs. Community engagement will be strengthened through new programs and partnerships addressing health, wellbeing, and youth activities. Despite the challenges posed by economic uncertainties and rising costs, the trustees remain optimistic. They believe the new Charitable Incorporated Organisation ICIOI structure will grant access to larger funding opportunities essential for our expansion plans, although securing these grants may be More competitive. Additionally. we plan to expand our se￿iceS to include housing and welfare sUPPOrt, recognizing the increasing demand for assistance in these areas. The trustees have produced accounts on a going concern basis, reflecting their confidence in our charity'5 continued operation. Through strategic initiatives and careful financial management. we are committed to making a meaningful impact and improving the lives of ihose we serve. Disclosure of Information to the Independent Examiner5 We, the trustees of the charity who held office at the date of approval of these Financial Statements as set out above each conflrm, so far as we are aware, that.. there is no relevant information of which the independent examiners are unaware; and we have taken all the steps that we ought to have taken as trustees in order to make ourselves aware of any relevant information and to establish that the independent examiners are aware of that information, Signed on behalf of the board of Trustee5 on 18, June 2025 Tr tee tUcuUaL . GLADSTONE DISTRicf COMMUNifi ASSOCIATION Independent Examiners report To the Members of Gladstone District Cornmunlty Assoclatlon. For the year ended 315t March 2025 I report on the accounts of the Association for the year ended 315t March 2025 which are set out on pages 8 to 18. Respective responsibilities of trustees and examiner The charity's trustee5 are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 Ithe Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Act 2. to follow the procedures laid down in the general directions given by the commission under section14515llbl of the Art. 3. to state whether particular matters have come to my attention. Basis of examiner's report My examination was carrieé out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the 3ccounting recorcfs kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanation from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is Eiven as lo whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Independent examiner's statement In connection with my examination, no matter has come to my attention.. l. which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 130 of the Act and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been mèt, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mark Ray. FFA / FIPA. AAC Accountants Ltd, Rycroft, SchDDI Road, Broughton, Huntingdon, PE28 3AT Date.. 18th June 2025 GLADSTONE DISTRI￿ COMMUNITY ASSOCIATION statement of Yinancial Actlvlties Forthe year ended 31$1 March 2024 Incomin8 Resources Note Unrestricted (£1 Restricted (£1 Total 1£) Prior Yea r 1£ Income from Charitable Activitie5 Investments Total 304,152 31,643 1 335,795 319,644 304.152 31,643 335,795 319.644 Resources Expended Expenditure on Raising Funds Charitable Activities Total 2,725 287.268 289,993 2,725 322,300 325,025 3.675 297,821 301,496 35,032 35,032 Net income I (expenditure) 16 14,159 13,3891 10,770 18,148 Transfer between funds 16 13,389) 3,389 Net movement In funds 1 16 10,770 10,770 18,148 Reconciliation of funds Brought forward Carried forward 16 16 215,465 226.235 215,465 226,235 197.317 215,465 GLADSTONE DISTRICT COMMUNITY ASSOCIATION Balance Sheet st For the year ended 31 March 2025 Note Unrestricted 1£) Restricted 1£) Total l£} Prior Year 1£) Fixed assets Tangible assets li 67,650 1 67,650 67,650 Current asset5 Debtors Cash in hand and at bank 12 28,060 163,272 191,332 28,060 165,221 193,281 16,000 150,912 166.912 1,949 1,949 Creditors falling due in one year 13 32,747 1,949 34,696 19.097 Net current a5set5 158,585 158.585 147,815 Creditors falling due over one year 14 Total net assets 226.235 226,235 215,465 Total funds 16 226,235 226,235 215,465 The trustees acknowledge their responsibilities for complying with the requirements of the Charities Act with respect to accounting records and the preparation of accounts. These financial statements were approved and authorised for issue by the board on 18 June 2025 Signed on behalf of the trustee5 (Tr 10[¥[QS The notes on pages 10 to 18 form part of these financial statements. GLADSTONE DISTRICT COMMUNITY ASSOCIATION Notes to the accounts For Ihe year ended 31st March 2025 l. Summary of slgnlflcant accounting pollcles Basis of accounting These accounts have been prepared on a going concern basis under hi5toric31 cost convention with items recognised at cost or transaction values unless Otherwise stated. They have been prepared in accordance with the Statèmènt of Recommended Practice.. Accounting and Reporting by charities. They have been presented in sterling, which is the functional currency of the charity. The significant accounting policies are set out below and they have been applied conslstently to both years. b. Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used In accordance with specific restrictions imposed by donors or which h3vÈ been rais@d by the ch3rity for particular purposes. The cost of roising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the note5 to ihe financial statements. There are no designated funds or endowment funds. Income recognltlon Incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income,. after performance criteria have been met,. that it is more likely than not that the Income will be received,. and the monetary value can be reliab5y measured. There has been no offsetting,. no donations of any type were received: no government grant5 were received,. and no legacies were received. The value of services provided by volunteers has not been incorporated into these Inancial statements. Investment irbcome is only interest on bank accounts io GLADSTONE DISTRicfcoMMUNITY A550CIATION Note5 to the accounts contlnued For the year ended 31st March 2025 d. Expenditure recognition All expenditure is accounted for on an accruals basis and has been classifled under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligatlon can be measured reliably. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. No grants are payable to third parties. Support COSts Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office cost5, administrative and payroll costs. They are incurred directly in support of expenditure on the objects of the charity. Where support cost5 cannot be directly attrlbuted to particular headings they have been allocated to expendlture on charitable activities on a basis consistent with amount of income. f. Governance costs Governance costs comprise all costs involving public accoijntability of the charity and its compliance with regulation and good practice. g. Costs of raising funds The cost of raisin8 funds includes all expenditure Inc￿rred by the charity to raise funds for its charitable purposes. h. T3nglble fixed assets Tangible fixed asset5 are stated at cost or valuatlon less accumulated depreciation. Depreciation is provided on all tangible 85sets, except freehold property, at rates calculated to write off the cost, sess estimated residual value. over its expetted useful life as follows.. Equipment, computers, fixtures and fittings between 20Yo and 50% per annum on straight-line bas1S. li GLADSTONE DISTRicf COMMUNITY ASSOCIATION Notes to the accounts continued For the year ended 31st March 2025 Cash at bank Cash at bank is highly liquid funds with access such that commitments can be met as they fall due. Debtors and creditors recelvable and payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. k. Leases There are no finance leases. Rentals pay3ble under operatin8 leases are charged to the SOFA on a strai8ht line ba51S over ihe period of the lease. Pensions The charity operates a defined contribution plan for the benefit of its employees. Contributiorb5 are expensed as they become payable. m. Tax The charity is exempt from taxation. Judgements and key sources of estimation uncertainty No materlal judgements have been made in the process of applying the above accountin8 policies that have Significant effect on amounts recogni5ed in the financial statements, or that have a significant risk of causing a material adjustment to the carrying amounts of assets and Ilabllitles within the next financial year. 12 GLADSTONE DISTRicf COMMUNITY ASSOCIATION Notes to the accounts continued st Forthe year ended 31 March 2025 2. Analysis of income Note Unrestricted (£1 Restricted 1£) Total [£1 Prior Year 1£ Charitsble Athv5ties', Training & education Immigration Community Support Room Hire Support Costs Total 244,394 51,541 6,267 1,950 9,470 253,864 51,541 26,389 1,950 2,051 335.795 246,634 48,210 17,000 7,800 20,122 2,051 31,643 304,152 319,644 Note Unrestricted 1£) Restricted 1£) Total (£1 Prior Year 1£) Inve5tment5 Bank dgposit interest Totsl Total 304,152 31,643 335,795 319,644 3. Analysis of expenditure Note Unrestricted IE) Restricted 1£) Total l£} Prior Year 1£) Raising funds Consultants | Total 2,725 2,725 2,725 2,725 3,675 3,675 Note Unrestricted (£1 Restricted 1£) Total 1£) Prior Year [£1 Charitable actlvities Training & educatio Immigration Community Support Support Costs Total 201,890 81,480 3,898 9,470 211,360 81,480 27,409 2,051 297.821 322,300 L___-- 215,388 70,286 12,148 23,511 2,051 35,032 287,268 Total 289.993 35.032 325,025 301,496 13 GLADSTONE Di¥fRICT COMMUNITY ASSOCIATION Notes to the accounts continued For the year ended 31 March 2025 Further analysis of expenditure on charltable activities Note Training / Education 85,426 Community Support 1,642 Support Costs Total 101,410 ' 235,361 Last Immigration 46,883 Salary and on costs Non salary service provision costs General Administration Property Governance Support Costs reallocated Total 238,235 8,801 1,753 13,683 24,237 9,301 889 9.243 34,412 44,544 41,513 16,358 16,358 1,800 7,032 1,740 116,244 23,601 12,084 1151,9291 211,360 27,409 2,051 322,300 297,821 4. Allocatlon of Support Costs Support costs have been allocated to the activities based on income. 5. Governance costs These are the cost of the Independent Examination per note 6 6. Independent Examiners costs This year 1,800 2,199 3.999 Last year 1,740 2,289 4.029 Independent ExaminatÉon Other services Total paid to Independent Examiner 7. Trustees, and key management personnel remuneration and benefits The total amount of employee remuneration received by key management personnel was £45,53912024 .' £19,189). No employees received any benefTts in kind. The trustees neither received nor waived any remuneration during the year. The trustees were not reirnbursed any expenses. 14 GLADSTONE DISTRICT COMMUNITY ASSOCIATION Notes to the accounts continued For the year ended 31$t March 2025 8. Staff costs and employee benefits This year 220,497 9,041 5,823 235,361 Last year 223,018 9,508 5,709 238,235 Salaries and wages Employers National Insurance costs Pension costs Total staff c05ts No employee in either year received any other benefits No employee received total employee benefits lexcluding employer pension costs) fDr the reporting period of more than £60,000. 9. Average headcount This year 15 The average monthly nufflber of employee5 during the year was -. 15 10. Pension The charity Dperates a defined contribution pension scheme for its employees. The amount recognised as an expense in the year Is recorded in note 8. The defined pension contribution liability at the year end is allocated to unrestricted funds. 15 GLADSTONE DISTRicf COMMUNITY ASSOCIATION Notes to the accounts contlnued st For the year ended 31 March 2025 11. Tangible fixed assets Freehold bulldlngs Fixture5 and equipment Total Cost or valuation At I,: April 2024 Additions Disposals At 31° March 2025 82,500 67,807 82,500 67,807 150,307 Depreciation At I" April 2024 Charge fortheyear On disposals At 31. March 2025 14,850 67,807 82,657 14,850 67,807 82,657 Net book value At 31" March 2025 At 31" March 2024 67,650 67,650 67,650 67,650 The freehold property, which is 316 G13dstone Street, is stated at cost, which Includes its purchase in 1999 and subsequent alterations. 318 Gladstone Street is leased from Peterborough City Council. 12. Debtor5 due wlthin one year This year Last year Trade debtors AcErue(l income for grants Prepayments GLADCA Services Total 23,673 4,387 11,208 1,234 3,558 16,0)0 28,060 16 GLADSTONE DISTRICT COMMUNITY ASSOCIATION Notes to the accounts continued For the year ended 31, March 2025 13. Creditors falling due within one year Thisyear 3,118 4.662 20,4 6,426 34.696 Last year I 2,797 5,185 11,115 Trade and other creditors P3yroll costs Accruals and deferred income GLADCA Services Total 19.097 14. Creditors falling due in more than one year None 15. Leases Finance leases- none b. Operating leases Total future minimum lease payments under non cancellable operating leases are as follows- This year 16,676 16,676 Last year For office photocopier- between two and five years Total 21,120 318 Gladstone Street is leased for a peppertorn rent. 17 GLADSTONE DISTRicf COMMUNITY ASSOCIATION Notes to the accounts contlnued For the year ended 31st March 2025 16. Fund reconclllatlon Balance at 31" March 2024 215,465 Balance at 31" March 2025 226,235 Gain5/ Ilossesl 14,159 Incom 304,152 Experbditure 1289,993 Transfers 13,3891 Unrestricted Restricted 31,643 135,0321 13,3891 3,389 Total Funds 215.465 335,795 {325,025) 10,770 226,235 17. Fund descriptions Unrestricted Funds- these are 8eneral funds b. Restricted Funds- i. Cambs Community Furnd - As part of the Health and Wellbeing Project, we delivered weekly yoga sessions, cookery classe5 focused on healthy low-budget meals, and regular walking sessions, until the 31, December 2024 EELGA EON - We delivered a range of integration courses for mlgrants, Including Housing, Driving Theory, and Know Your NHS courses to help migrants integrate into the wider British Society, until the 31 March 2025 Peterborough City Council HDU5ehold Support Fund-The finding was delivered to support individuals who are destitute and struggling with their household budgets to meet basic needs, until the 31, March 2025- v. Peterborough City Council grant- was used to upgrade our kitcherh in the Centre. 18. Re13ted party tran53rtions Mr Choudhary, the Chief Executive. is a director of SahaTa Community Cale Services Ltd. Thls year 1,950 Last year 7,800 Sale5 to Sahara Community Care Services 18