## **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| 2 | P a g e ## **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. 3 | P a g e ## **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 4 | P a g e 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: ………………………… 5 | P a g e ## **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: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content 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. **Signed: Name:** **Relevant professional qualification(s) or body** MBA **(if any):** 6 | P a g e ## **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** . 7 | P a g e ## **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**| 8 | P a g e ## **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……………………………….. 9 | P a g e **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**| |---|---|---| 10 | P a g e ## **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|,|||,||,| 11 | P a g e **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**|| 12 | P a g e ## **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 **| 13 | P a g e ## **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**| 14 | P a g e