Charity regi¥tration nurnber 272950 (England and Wal￿> CAVERSHAM PARK VILLAGE ASSOCIATION, ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 CAVERSHAM PARK VILLAGE ASSOCIATION, LEGAL AND ADMINISTRATIVE INFORMATION Trustoès P Brackley B Sturgess N Tayler R Bhandari J Weiss Charity number (England and Wale81 272950 Prlnclpal oddre88 The Milestone Centre Milestone Way Northbrook Road Caversham RG46PF Independent examlner Kelty Beryman Unil 13 Highnam Busines$ C&nlre Newenl Road Highnam Gloucester GL2 80N CAVERSHAM PARK VILLAGE ASSOCIATION, CONTENTS Page Tnjstees report Independent examiners report Statement of financjal activities Balance sheet Notes lo the fin8n¢ial stslemenls 6-13 CAVERSHAM PARK VILLAGE ASSOCIATION, TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 The Trustees present their annual report together with the financjal statements of the charity for the period 01 November 2023 to 31 October 2024. The trustees who served during Ihe year and up to the date of signabjre of the finanaal statements were.. P Brackley Sturgess N Tayler R Bhandari J Weiss Constitutlon Constitution adopted 29 June 1967 as amended on 12 February 1976. 19 January 1981. 25 February 1985, 20 January 1997 and 25 February 2002. The Charity 1$ an unincorporaltsd a$$ou¥lion of members. Method of Appolntm•nt or Electlon ol Tru8t•e8 Trustees are appointed annually at the Annual Gener81 Meeting or eOpOPtèd latèr Mi the year 85 nè¢ess8ry Addltlonal Gov•manaeè1•8UèS Trustees are referred to their responsibiliies as laid down by the Charity Commission. Training is m8de available via Reading Volunt8ry Aciion as needed. Poll¢l¥• ond ob￿¢t1¥ To promote the benefit ol the inhabitants of Caversham Pa￿ Village and Ihe surrounding neighbourhood wilhout distinction ol sex. sexual orienlalion. race or of polrtical. religiou5 or other opinions by associating together the said inhabitants and the local authorities. voluntsry and other or9aniSabons in a common effort lo advance educ8tion and lo provide 18¢ilits'es in the interests of social welfare for le¢￿all￿n and lei$ufe-lime oc¢up8lion with the Object of improving conditions of life for the said inhabrtants. To maintain and manage the local community centre in furtherance of these objectives. Flnanclal revlew It has been a year of two hafves with reassuringty the second per￿d conffiming a signfficant tumaround In our situation with the accounting bottom line retuming lo the black. By February 2024 however, things had looked very different wrth the actions taken previous￿ not having had the desired effect to such an ominous extent it was necessary to call our members lo an emergency meeting. The ￿sponSe was posilive resulting in a sucesslul Crowd Funding prograrnrne and the instigating of a revised adion plan which as indicated above proved successful. Vthilst general hiring incorne was improved Iwo major clients were sucured and committed to the long-terrn. This report pÈrtain5 to the year ended October 2024 but is being written deep into 2025 when our fin8n¢è$ Continu• to go from strength to strength wrth a substantial cash rèsèr¥e fimty in placè. Revlew of actlvltles We have rnaintained ouf tangible support of the Caversham P4tk Village Sorial Club- an asso¢iation vthh whotn we work closely and whose existence is an integial part of the communrty landscape. It is ￿WardIng to see that the facilities we offer remain in steady demand and that the ecleth"c range of customers we attract shows no sign of diminishing. As previousty mentioned we re￿Ne requests lor our services from e.g. sports, soual and educational sources and are pleased to accornodate these. We are particularty delighted to continue hosting an older generation activity club. a weekly event growing ever more popular. CAVERSHAM PARK VILLAGE ASSOCIATION, TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 R•lurblshm•ntlMalnt•nane• Work The upturn in our finances has enabled vs not onty to deal consuentiousty wth routinelessential rnaintenaTice but to prioritise the addre55in9 of 5eveial key projects that had lain on the back bumer foi longer than we would have wanted. This is, however, very much a comprehensive catChing￿p exercise and because ol the delays dictated in the past due to financial restraints, updating of costings and indeed reviews of business relationships have been necessary. Meticulous investigations have been carried out and 2025 is seeing the conclusion ol major works including the Sports Hall ceiling repair. replacement of the dIlap￿ated palh to our Youth and Recreation building. the installation of several new ex¢emal doors in the $8me premises and fresh sinage 8pplied for the complex 85 a whole. The surrounding areas lo our three buildin9s are also receiving overdue attents'on including 8 new notice board to remind the passing public Ilhe principal wllage pathway runs a few meters from our main frontage) mo keenly of our existence. The Future Despite the very encouraging prog￿SS in evidence. Ihe Trustees are detemiined to feslst any fomi of complacency with the disapoinlments of the last lew years seared in the memory indeed those difficurt times serve as a constant reminder ol our responsibilibes antj heighlens our resolve to Wofk diligenlty for the benefit of the chanty. Sadly, one of our group has been sidelined wth a serious illness but we are pleased that no￿thS￿ndIng increased demands on their time, the remaining four demonslrale an admirable togethemess and enthusiasm for their roles. Meanwhile. our quest lo enlist additional Trus¢ees continues. 11 is, ol course, a diché lo Say it, but th& lulU￿ for Caversh8m Part Villag¥ Associaion tjoes look briohl and th& Trustees are deterniined lo keep It that way. The trusteés r8port was approv8t1 by th• Board of Tru$t8¢$. '&J &l.i2.12 4MT+ll Tr•a8ur•r 27 August 2025 CAVERSHAM PARK VILLAGE ASSOCIATION, INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAVERSHAM PARK VILLAGE ASSOCIATION, I report to the trustees on my examination of the finanaal stste￿nts of Caversham Park Village Assoaation, (the Charity) for the year ended 31 October 2024. Responsibilities and basis of report As the trustees of the Charity you are responsible for Ihe p￿parall0n of the financial statements in accordance the requirements of the Charities Act 2011. I report in respect of rny examinabon of the Charty's financial ststements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Direcb'ons given by the Charity Commission under section 14515llbl of the Chariti'es AGt 2011. Independent examlnels statement Your attention 15 drawn to the tsct that the charity has prepared Ihe finanrial slalements in accordance wrth the relev8nl version of the Staternenl of Recommended Practice appIl￿ble to charities preparing their financial st8tèments in a¢cordan¢e wth the Finan¢ial Reporting Standard applicable in the UK and Rèpublic of Iieland IFRS 1021 in preference to the Accounting and Reportjng by Charities. Statemenl ol Recommended Practice Issued on 1 April 2005 which is referred to in Ihe extanl regulat￿￿$ bul has now been wthdrawn. l understand that this has been done in order for the financial statements lo provide a true and lair view in accordance with UK General Accepted Accounting Practice. I h8ve completed my examination. I confirm that no matters have ￿me lo my ¥ttenlion in connects'on with the &x¥minalion giving me ¢ause lo believe thal in any mal¥rial rèsp&¢t'. accounting records were nol kept in respect of the Charity as required by section 130 of the CharitiesAct 2011. the financial statements do not accord wrth those records," of the finanrial staternenls do not compty wth the applicable requirements cJ)nceming the form and content of financial st8lementS sel ovl in Ihe Charilies IAccount5 and Report51 Re9ulalions 2008 other than 8ny requirèment that thè finanaal ststgm¥nt$ give a tr￿ and fair ¥i&w. whKh b$ not a matter ¢on$idor&d as part of An independent examination. I have no cDncEms and have come across no other matters in connectKJn wilh the examination to which attention should be drawn in this report in order to enable a proper underslanding of the financial statements to be reached. Kekk Kelly Berryman Unit 13 Highnam Business Centre Newent Road Highnam Gloucester GL2 8DN 27 August 2025 CAVERSHAM PARK VILLAGE ASSOCIATION, STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Unrestrlcted Restrlcted lunds funds 2024 2024 Total Unrestrlcted Restrlcted fund8 funds 2023 2023 Total 2024 2023 Notès Income from: Donations and legacies Charitable activities Investments 10,930 103.724 49 10,930 110.605 49 106 99.702 106 109,307 6.881 9.605 Totsl Ineomè 114,703 6.881 121.584 99.612 9,605 109,417 Expenditure on.. Charitable activities 97,743 105.683 109.432 11,336 120,768 Totsl •xpondltUM 97,743 10S.683 109.432 11,336 120,768 Net Incomellexpendltur•l and movement In funds 16,980 {1,059) 15.W1 {9.6201 11,7311 111,3511 Reconclllatlon ol fund8= Fund balances al 1 November 2023 409,733 11,867 421.600 419.353 13.598 432,951 Fund balances at 31 October 2024 426,693 10,808 437.501 409.733 11,867 421,600 The statement of financial acb'vibes indudes all gain5 and losses recognised in the year. All income and expenditure derive frorn continuing activities. CAVERSHAM PARK VILLAGE ASSOCIATION, BALANCE SHEET AS AT31 OCTOBER 2024 2024 2023 Notes Flxed assets Tangible assets 10 384.395 385,593 Currnnt assèts Debtors Cash at bank and in hand 11 47.842 37.891 54.314 6,692 85.733 61.006 Cr•dltors'. amounts lalllng du¢ vAthln one year 13 121.8921 17,6361 Net current assets 63.841 53,370 Total a88et8 le88 cumnt IlabllSlle8 448.236 438,963 Credltor3'. arnounts folllng due after morè than on• yèar 14 110.7351 117,3631 Nèt a$8•t• 437,501 421,600 Thtr lund# ol th¥ Ch•rtty Restricted incorne funds Unrè$lricted lunds 16 17 10.808 426,693 11,867 409,733 437,S01 421,600 Th$ financial $tslem&nl$ were ¥pprov¢