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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 282839

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2025

FOR

FISHERMEAD TRINITY CENTRE

FISHERMEAD TRINITY CENTRE

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[st] MARCH 2025

Page
Report of the Trustees 3 - 5
Independent Examiner's Report 6 - 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 - 12
Detailed Statement of Financial Activities 13 - 14

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FISHERMEAD TRINITY CENTRE REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[st] MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31[st] March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2011.

A. REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number:

282839

Principal Address

Fishermead Boulevard Fishermead Milton Keynes MK6 2LA

Trustees

M R Petchey D Kendrick D J Mahon[(appointed 21st July 2021)]

Independent Examiner

Timothy May 7 Sandown Court Bletchley Milton Keynes MK3 5LZ

B. STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

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C. OBJECTIVES AND ACTIVITIES

The core objective of the charity is the operation of a Community Hall in Fishermead, Milton Keynes.

To provide facilities for recreation and leisure time for the inhabitants of Fishermead and its immediate neighbourhood, together with the advancement of the Christian religion by provision of facilities for the Church of England, the Methodist Church, the Baptist Union and the United Reformed Church.

Public benefit that is provided by the charity

The trustees confirm that they have given their due consideration to the Charity Commission guidance on the operation of the Public Benefit requirement.

D. ACHIEVEMENTS AND PERFORMANCE

The complexities of the centre’s lease arrangements continues to delay the Community Asset Transfer process which also delays the planned renovation and refurbishment. The centre appointed a part time Booking Administrator in the autumn of 2024. Payments were also made to those carrying out cleaning with the remainder of the duties fulfilled by volunteers. This continues to have some impact on the service the centre can offer but there is a continued consolidation of utilisation levels as we move beyond the pandemic. Thanks should be extended to all the volunteers who have contributed to sustaining the operation of the building whilst strengthening of the centre’s financial position.

The regular groups offer a range of activities. As well as the cafés there are various styles of martial arts, dance, professional training and counselling. The centre also hosts a Community Larder whose dual aim is to provide food and reduce landfill. The centre continues to welcome cultural, community and family events. The cost of living continues to be an issue for both the centre and the local community.

The church continues to celebrate Christian worship every Sunday. Church members are also involved in the management of the Trinity Centre and are committed to ensuring its viability.

Even though the Warm Space grant ended the initiative continued into the 2024/2025 Financial Year. The centre permitted the cafés to continue their extended hours to enable them to sustain the warm space support they had offered in the prior financial years.

The major repair items included the re-paving of the courtyard and refurbishment of the hall 1 and cleaning cupboard shutters. The centre received a grant from Campbell Park Community Council to assist with the courtyard re-paving costs.

The centre provided polling station facilities for the two elections during the financial year.

The Digital Deprivation initiative has had a tentative start encountering a volunteer retention issue with those who possess the appropriate skills to support it. However, the infrastructure and hardware are in place so the centre is still in a position to deliver the support to the Fishermead community.

E. FINANCIAL REVIEW

Policy on reserves

The cash at the bank is £25,645, which represents £24,231 general and £1,414 unrestricted funds.

Only the unrestricted general funds meets the Charity Commission’s definition of reserves. The trustees seek to maintain reserves at not less than thirteen weeks (three months) of general fund expenditure (i.e. £10,174 based on 2024/25 activity), believing that this

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provides a prudent buffer against unforeseen expenditure. The funds currently held are equivalent to 34 weeks of expenditure. Although considerably higher than the policy target it will permit the smooth induction of a centre manager when appointed.

Investment Policy

To invest the unused funds in secure interest bearing deposit accounts. To hold these in secure and ethical funds in accordance with the Trust Deeds.

Review

The General Fund net incoming/(outgoing) resources amounted to a deficit of £6,293 (2024; £4,182 surplus) during the year.

The booking administrator has brought in new groups and organisations which has ameliorated the loss of the Warm Space grants.

The free broadband support secured at the start of the Digital Deprivation project ceased in March 2024. This has delivered a significant increase in IT costs in the subsequent financial year.

Although the centre has employed a member of staff the activities continued to be predominantly delivered by a pool of volunteers although this pool went through further rotation. The volunteers have suppressed staff costs which has enabled the centre to absorb the significant increase in IT and energy costs and permitted the major repairs to the building during the financial year.

The centre continues to be available to groups and the community for six days of the week. Christian worship is celebrated on Sundays. Although the grant support ceased the centre chose to continue as a warm space facility during the winter and spring of 2024/2025. The centre is also equipped to provide IT support to those in the community who are digitally deprived.

The trustees appreciate all the efforts of those who stepped in to continue to maintain the operation of the building.

ON BEHALF OF THE BOARD

----- Start of picture text -----
Trustee: …………………………
----- End of picture text -----

D.J.Mahon

11[th] January 2026

Date: …………………………

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Trinity Centre Trust On accounts for the year Charity no ended[31][st][ March 2025 ] (if any)[282839 ] Set out on pages 8 - 14 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2025.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’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 [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination ( ~~other than that disclosed below~~ *) which gives me cause to believe that in, any material respect:

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.

Signed: Name:

Relevant professional qualification(s) or body MBA (if any):

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Address:

7 Sandown Court

Bletchley

Milton Keynes, MK3 5LZ

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here details of any items that the examiner wishes to disclose .

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FISHERMEAD TRINITY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31[st] MARCH 2025

Notes
Unrestricted
Funds
£
INCOMING RESOURCES
Incoming Resources from Generated Funds
Voluntary Income
1,249
Insurance Claim
0
Activities for Generating
Funds
2
33,152
Total Incoming
Resources
34,401
RESOURCES EXPENDED
Governance Costs
183
Other Resources
Expended
40,511
Total Resources
Expended
40,694
NET INCOMING/(OUTGOING)
RESOURCES BEFORE
TRANSFERS
(6,293)
Transfers between
Funds
0
Net
Incoming/(Outgoing)
Resources
(6,293)
RECONCILIATION OF FUNDS
Total Funds Brought
Forward
32,546
TOTAL FUNDS
CARRIED FORWARD
26,253		 Restricted
Funds
£
645
0
0
645
0
33

33
612
0
612
802
1,414		 2025
Total
Funds
£
1,894
0
33,152

35,046
183
40,544

40,727
(5,681)
0
(5,681)
33,348
27,667		 2024
Total
Funds
£
1,060
0
35,095
36,155
279
31,867
32,146
4,009
0
4,009
29,339
33,348

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FISHERMEAD TRINITY CENTRE

BALANCE SHEET

AT 31[st] MARCH 2025

Notes
FIXED ASSETS
Tangible Assets
5
CURRENT ASSETS
Cash at Bank and in
Hand
Debtors
6
CREDITORS
Amounts falling due
within one year
7
NET CURRENT
ASSETS
TOTAL ASSETS LESS
CURRENT LIABILITIES
NET ASSETS
FUNDS
Unrestricted Funds
8
Restricted Funds		 Unrestricted
Funds
£
2,285
24,231
973
25,204
1,236
23,968
26,253
26,253		 Restricted
Funds
£
-
1,414
0
1,414
-
1,414
1,414
1,414		 2025
Total
Funds
£
2,285
25,645
973
26,618
1,236
25,382
27,667
27,667
26,253
1,414
27,667		 2024
Total
Funds
£
3,411
23,620
6,479
30,099
162
29,937
33,348
33,348
32,546
802
33,348

The financial statements were presented to the Trustees 25[th] January 2025 and were signed on their behalf by:-

Trustee………………………………..

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FISHERMEAD TRINITY CENTRE NOTES TO FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[st] MARCH 2025

1. ACCOUNTING POLICIES

Accounting Convention

The financial statements have been prepared under the historical cost convention and in accordance with the current Financial Reporting Standard. In preparing the financial statements the Trust follows best practice as set out in the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” effective January 2015.

Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible Fixed Assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Equipment and Computing Equipment on a 33% reducing balance basis.

Fixtures and Fittings are estimated to have a five year life.

Taxation

The charity is exempt from charging output tax on its charitable activities so cannot recover the Value Added Tax paid for goods and services.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. ACTIVITIES FOR GENERATING FUNDS

Letting Income

Bank Interest
Office Income

 2025
£
32,705
260
187
**33,152 **		 2024
£
34,774
291
30
35,095

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FISHERMEAD TRINITY CENTRE

NOTES TO FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31[st] MARCH 2025

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remunerations or other benefits for the year ended 31[st] March 2025 nor for the year ended 31[st] March 2024.

Trustees' Expenses

There were no trustees' expenses paid for the year ended 31[st] March 2025 nor for the year ended 31[st] March 2024.

4. STAFF COSTS

Wages and Salaries
Work Place Pension
Total Payroll		 2025
£
9,308
0
.
9,308		 2024
£
8,182
0
.
8,182

5. TANGIBLE FIXED ASSETS

Plant and
Machinery		 Fixtures
and
Fittings		 Fixtures
and
Fittings		 Computer
Equipment		 Computer
Equipment		 Total
£ £ £ £
COST
At 1stApril 2024 3,134 53,037 5,996 62,167
Disposals in year - - - 0
Additions 0 0 0 0
At 31stMh 2025 3134 53037 5996 62167
arc , , , ,
DEPRECIATION
At 1stApril 2024 1,868 52,785 4,103 58,756
Disposals in year - - - 0
Charge for Year 418 83 625 1,126
At 31stMh 2025 2286 52868 4728 59882
arc , , , ,
NET BOOK
VALUE
At 31stMarch 2025 848 169 1,268 2,285
At 31stMh 2024 1266 252 1893 3411
arc , , ,

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FISHERMEAD TRINITY CENTRE

NOTES TO FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31[st] MARCH 2025

6. DEBTORS; AMOUNTS DUE AT FINANCIAL YEAR END

2025 2025 2025 2025 2025 2025 2024 2024
General Restricted Total Total
Fund Fund Funds Funds
£ £ £ £
Hall Hire 973 0 973 5,545
Digital Deprivation Grant Application
0
-
0
-

0
934
___ __ _ _
973 0 973 6,479
7. CREDITORS; AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Waste Collection 171 162
Hall Booking Prepayment 1,065 0
1,236 162
8. MOVEMENT IN FUNDS
Net Transfers
At 1st April Movement Between 31stMarch
2024 in Funds Funds 2025
£ £ £ £
Unrestricted General Fund 32,546 (6,293) - 26,253
Restricted Funds:
Community Garden 225 1 - 226
Internet Café 0 611 - 611
Fishermead 50 Celebration 47 0 - 47
Community Larder 530 0 - 530
Total Funds 33,348 (5,681) - 27,667

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FISHERMEAD TRINITY CENTRE

NOTES TO FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31[st] MARCH 2025

INCOMING RESOURCES
Voluntary Income
Grants
Donations
Insurance
Activities for Generating Funds
Letting Income
Bank Interest
Office Income
Total Incoming Resources
RESOURCES EXPENDED
Governance Costs
Accountancy and Bookkeeping
Legal and Professional Fees
Insurance Claim
Other Resources Expended
Cleaning
Repairs, Renewals and Maint
Regeneration and Refurbishment
Support Costs
Management
Wages
Rates and Water
Insurance
Light and Heat
Telephone/Broadband
Postage, Stationery and Advertising
Sundries
Waste Disposal
Premises Costs
Finance
Bank Charges
Information Technology
IT Costs
Other
Fixtures and Fittings Depreciation
Computer Equipment Depreciation
Plant and Equipment Depreciation
Total Resources Expended
Net Income/(Expenditure)		 Unrestricted
Funds
£
1,000
249
0
32,705
260
187
34,401
220
83
0
303
1,287
8,411
0
9,698
9,308
1,500
580
11,986
423
970
174
1,260
1,623
27,824
21
1,722
83
625
418
1,126
40,694
(6,293)		 Restricted
Funds
£
644
-
-
-
-
1
645
-
-
-
0
-
-
-
0
-
-
-
-
-
-
-
-
-
0
-
33
-
-
-
0
33
**612 **		 2025
Total
£
1,644
249
0
32,705
260
188
35,046
220
83
0
303
1,287
8,411
0
9,698
9,308
1,500
580
11,986
423
970
174
1,260
1,623
27,824
21
1,755
83
625
418
1,126
40,727
(5,681)		 2024
Total
£
1,000
60
0
34,774
291
30
36,155
200
79
0
279
1,005
2,985
1,086
5,076
8,182
1,856
563
8,375
666
1,002
1,147
1,075
1,484
24,350
258
417
209
933
624
1,766
32,146
**4,009 **

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FISHERMEAD TRINITY CENTRE

NOTES TO FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31[st] MARCH 2025

Restricted Funds Analysis
INCOMING RESOURCES
Voluntary Income
Grants
Donations
Office Income
Total Incoming Resources
RESOURCES EXPENDED
Other Resources Expended
Repairs, Renewals and Maint
Regeneration and Refurbishment
Sundries
Postage, Stationery and
Advertising
IT Costs
Total Resources Expended
Net Income/(Expenditure)
Funds Brought Forward
Funds Carried Forward		 2025
Community
Garden
£
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
1
225
226		 2025
Internet
Café
£
644
0
0
0
0
644
0
0
0
0
0
0
0
0
33
0
33
611
0
611		 2025
F'rmead 50
Celebration
£
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
47
47		 2025
Community
Larder
£
0
0
0
0
0
0
0
0
0
0
0
530
530

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