# **SYMONDS GREEN COMMUNITY ASSOCIATION**
**Registered Charity No. 286415**
**ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025**
## **SYMONDS GREEN COMMUNITY ASSOCIATION INDEX**
**For the year ended 31[st] March 2025__________________________________________ _____**
||**Page**|
|---|---|
|Trustees Annual Report|1 – 4|
|Reference and Administration|1|
|Structure, Governance and Management|2|
|Objectives and Activities|3|
|Achievements and performance|3-4|
|Financial Review|4|
|Reserves policy|4|
|Plans for the Future|5|
|Independent Examiners Report|6|
|Statement of Financial Activities (SOFA)|7|
|Balance Sheet|8|
|Cash Flow Statement|9|
|Notes to the Accounts|10 – 18|
## **SYMONDS GREEN COMMUNITY ASSOCIATION**
## **Trustees Annual Report**
**For the year ended 31[st] March 2025_____________________________________ ___________**
## **REFERENCE AND ADMINISTRATION**
|**Name of Charity:**|SYMONDS GREEN COMMUNTY|ASSOCIATION|
|---|---|---|
|**Registered Charity No:**|286415||
|**Principal Office:**|Symonds Green Community Association||
||Filey Close, Symonds Green,||
||Stevenage, Herts||
||SG1 2JW||
|**Trustees:**|Margaret Notley (T)|Chairperson|
||Sharon Taylor|Vice Chairperson|
||Linda Coates|Treasurer|
|**Council members**|Jackie Hollywell
|Councillor|
||Michael Downing|Councillor|
||Lynda Coates|Carpet Bowls|
||Janet Merrall
|Learning Zone|
||Annette Gasson|Learning Zone|
||Geoffrey Fisher|Royal British Legion|
||Tony Cousins|Royal British Legion|
||Isobel Gasson|Beavers, Cubs & Scouts|
||Maria Grant|Irish Dancing|
||Paula McLachlan|Mums and Toddlers|
||John Morgan
|Church of Christ the King|
||Jenny Brennan|Rince Mor Academy|
|**Non-voting Co-opted**|||
|**Member:**|Jackie Hollywell|(Community Development Officer)|
Page 1
## **SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2025_ _______________________________________________**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is an unincorporated organisation which is governed by a constitution dated 20[th] June 1984.
The individual member trustees and Honorary Officers are elected or appointed on an annual basis at the Annual General Meeting. In the event of a vacancy occurring within the Honorary Officers the Council can fill the vacancy from the Council membership. Junior members can appoint two from their membership to sit on the Council.
The constitution allows groups that meet the following criteria to appoint a representative to be a member of the Council:
1. Local statutory authorities and such voluntary organisations as operates in the area of benefit and satisfy the Council that they are an independent organisation or branch of an independent national or other organisation.
2. Sections shall be such groups as may, with permission of Council, be formed within the Association among the individual members for the furtherance of a common activity. Groups that currently meet these criteria are:
- Stevenage Borough Council
- Carpet Bowls group
- Church group
- Irish Dancing
- Labour Party
- The Learning Zone
- Royal British Legion
- Cub/ Beavers
- At the Green Babies and Toddlers Group
- Fight Night (Non Affiliated)
- Fishing club – (Non Affiliated)
- Jenny Brennan Irish Dance Academy (Affiliated)
- Garden House Hospice.
All members of the Council must retire annually but are eligible for reappointment
At our AGM 15[th] January 2025 the following were elected to the Executive Committee at the AGM: Margaret Notley, Jackie Hollywell, Isobel Gasson, Lynda Coates, Sharon Taylor, Janet Merrell, Annette Gasson.
Page 2
## **SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2025__________________________________________________**
## **OBJECTIVES AND ACTIVITIES**
The objects of the Association are:-
To promote the benefit of the inhabitants of Symonds Green and the neighbourhood without distinction of sex or of political, religious or other opinions by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
To establish or secure the establishment of a Community Centre and to maintain and manage, or to cooperate with any local statutory in the maintenance and management of such a Centre for activities promoted by the Association and its constitute bodies in furtherance of the above objects.
The activities of the Association are:-
1. The Community Centre (2 halls)
2. Tea at the Green Cafe
These buildings are hired to affiliated and non-affiliated groups such as The Learning Zone Nursery, Beavers and Cubs, At the Green Baby and Toddler group, British Legion, Carpet Bowls, Irish Dancing groups, Qi Kwan Do, Monkey Music children’s group, Garden House Hospice, NHS Herts Partnership Team, Stevenage Borough Football Foundation, Divya Kasturi Dancing Company, Ruby Hall Yoga, Shiloh Chapel, Everyone Active, SEND Yogis Chair Yoga, Ivel Fishing Group, Rhythm & Salsa Group, Goddess Ascension Circle Group, Irish Network Stevenage and Cornerstone table tennis group. Both halls are also used for fundraising events including our annual Christmas fete.
As well as being a much needed social hub for local (and non-local) residents, the café also hosts the local Police officers providing a place to meet residents and speak with them about local issues. The local councillors hold their ward surgeries in the café once a month. The local residential home for people with physical and mental disabilities use the café as social interaction meeting place with their service users and their carers. The café is also a food donation point which is then distributed to the residents of Stevenage by the Kaotic Angels charitable organisation.
Office services including photocopying and typing provide much needed support to groups using the centres as a base for their activities. The Community Association now has its own Website - symondsgreen@symondsgreencc.co.uk; E-mail - symondsgreen@symondsgreencc.co.uk and Facebook sites for both the community centre and the café.
## **ACHIEVEMENTS AND PERFORMANCE**
The Association measures its performance in terms of quantative information rather than qualitative information (as it considers the continued use by organisations on a regular basis is almost a measure of the quality of the organisation) as it is easier to substantiate.
The Association continues to build on relationships with external agencies in the community such as the Police who host neighbourhood information stalls in the café on a regular basis as well as other events including attending our Christmas Fete with an information stall.
Page 3
**Trustees Annual Report Continued For the year ended 31[st] March 2025 ________________________________________________**
## **SYMONDS GREEN COMMUNITY ASSOCIATION**
## **ACHIEVEMENTS AND PERFORMANCE Continued**
Everyone Active continue to host their community outreach programme which for a six month period is free for anyone in the community to attend (when the funding comes to an end, the sessions will be offered at a subsidised cost).
We have attracted other new groups to the community centre including Irish Network Stevenage who provide an extensive programme of events for the people of Stevenage (not just the Irish community) at a very subsidised cost. Many local residents have become part of their community, and this has helped with social isolation of many people in the community.
## **FINANCE REVIEW**
The attached financial statements show the current state of the finances that the council considers sound. Careful monitoring has been carried out to ensure the Association continues to operate efficiently for the community of Symonds Green.
Finances continue to be a challenge as we no longer receive a grant from the local authority which is proving to be an ongoing issue, but we do take advantage of the local Councillor’s community budgets for various projects. Also, many groups take a break in the school Summer holidays and as SBC no longer support a children’s playscheme program in the community, this does affect our finances, particularly through the summer months.
To assist with our utility costs and to help with climate change we have had new water heating devices installed, which are more economical and use less electricity to heat up. Most of our lighting is LED which also assists with costs with the last remaining lights due to be replaced in 2025.
Inflation rates in the economy and general running costs continue to rise, due to factors out of our control which impacts on our financial situation.
## **RESERVES POLICY**
Symonds Green Community Association’s reserves policy aims to keep undesignated funds at a level equal to three months budgeted expenditure with an aim of not failing below six weeks budgeted expenditure. The trustees consider this level is required to demonstrate stability and security to beneficiaries, funders, supporters and employees.
The trustees consider it prudent to hold this level of reserves to:
- a) Fund the start up costs of developments that will enable the Association to meet its aims and objectives
- b) Allow for fluctuations in income due to delayed receipt of statutory and/or contract payments
- c) Meet unplanned but necessary expenditure
The level of reserves is monitored and reviewed by trustees twice a year.
Page 4
## **SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2025 ________________________________________________**
## **PLANS FOR THE FUTURE**
Our plans for the future include attracting new groups to hire both halls of the centre and to work with our current groups to offer a range of clubs and activities for the people of Symonds Green and the wider communities in Stevenage. Due to the current credit crisis in the country we want to ensure that as many people can access our services and to work with the community. We will continue to collect food to distribute to local charities. We also aim to ensure that our Charity run coffee bar is a well-used community facility that welcomes local people and those from other areas. We are aiming to hold community events such as the successful Christmas Fair that we held in December 2022. We aim to have more lighting changed to LED lights and hope to have a more efficient water heating system fitted which will help with our electricity costs.
## **Approved by the Trustees and signed on their behalf by:**
## **Margaret Notley Chairperson Date:**
Page 5
## **SYMONDS GREEN COMMUNITY ASSOCIATION REPORT OF THE INDEPENDENT EXAMINER For the year ended 31[st] March 2025**
I report on the accounts for the year ended 31[st] March 2025, which are set out on pages 7 to 18.
## **Respective responsibilities of trustees and examiner**
The charity's trustees 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 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
1. 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 Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
- have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Dated :
**Jane M E Seymour Community Accountant** Orchard Villa, 2B Regent Street Stotfold, Hitchin Herts. SG5 4ED
Page 6
## **SYMONDS GREEN COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES**
**For the year ended 31[st] March_2025 ______________________________________________**
|**Notes**
**Income from:**
Donations and legacies
2
Charitable activities
3
Other
4
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
**Net income/(expenditure)**
**Net movement in funds**
Total Funds brought forward
**Total funds carried forward**
15|**2025**
**2024**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
15,570
-
15,570
14,969
58,682
315
58,997
50,792
2,625
-
2,625
2,167|
|---|---|
||76,877
315
77,192
67,928
75,732
1,206
76,938
75,844|
||75,732
1,206
76,938
75,844
**1,145**
**(891)**
**254**
**(7,916)**
**1,145**
**(891)**
**254**
**(7,916)**
18,073
3,069
21,142
29,058|
||**19,218**
**2,178**
**21,396**
**21,142**|
Page 7
## **SYMONDS GREEN COMMUNITY ASSOCIATION BALANCE SHEET**
**As at 31[st] March 2025 __________________________________________________________**
|**Notes**
**Fixed Assets**
Tangible fixed assets
9
**Current Assets**
Debtors & prepayments
10
Cash at bank and in hand
**Total Current Assets**
Creditors: Amounts falling due
within one year
11
**Net Current Assets**
**Net Assets**
**Funds of the Charity**
Unrestricted funds
General funds
Restricted funds
Herts Community Foundation/Garden Equipm Funding
Locality Budget – CCTV & Centre Equipment
Locality Budget – Coffee Bar Fencing
Locality Budget – Newsletter
Locality Budget – Coffee Bar, Tables, PPE, Security & Laptop
Locality Budget – Events
Locality Budget – Repairs and Replacements
Stevenage Community Trust – Printer
Co-Operative
Covid-19 Omicron Grant
SBC Grants 2021 to 2025
Total Restricted
**Total Funds**
15|**2025**
**£**
541
2,490
22,370
25,220
(4,365)
20,855
21,396
19,218
19,218
25
85
702
480
231
145
24
78
161
-
247
**2,178**
**21,396**|**2024**
**£**
721
1,449
24,269|
|---|---|---|
|||25,718
(5,297)|
|||20,421|
|||21,142|
|||18,073|
|||18,073
33
113
702
480
281
145
32
104
215
442
522|
|||**3,069**|
|||**21,142**|
Approved by the Trustees on the and signed on their behalf by:
……………………………………
………………………….…………
## **Chairperson**
The notes on pages 10 to 18 form part of these accounts
Page 8
## **SYMONDS GREEN COMMUNITY ASSOCIATION STATEMENT OF CASH FLOW**
**As at 31[st] March_2025 __________________________________________________________**
|**Notes**
**Cash flows from operating activities:**
_Net cash provided by operating activities_
17
**Cash flows from capital expenditure & investing**
**activities:**
Purchase of equipment
_Net cash provided by capital expenditure & investing_
_activities_
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting
period
Cash and cash equivalents at the end of the reporting period|**2025**
**2024**
**£**
**£**
(1,539)
(6,384)
-
-|
|---|---|
||-
-|
||(1,539)
(6,384)
24,269
30,653|
||22,730
24,269|
Page 9
SYMONDS GREEN COMMUNITY ASSOCIATION **NOTES TO THE ACCOUNTS for the year ended 31[st] March 2025 _____________________________________________________**
## **1 ACCOUNTING POLICIES**
## **Basis of preparation**
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2015); Charities Act 2011 and Regulations made thereunder; and with applicable accounting standards.
## **Depreciation policy**
Tangible fixed assets are depreciated over the estimated useful economic lives. The depreciation rate currently in use for all fixed assets held for use by the charity is 25% on the reducing balance.
## **Fund accounting**
Funds held by the charity are either:
## _Unrestricted general funds_
These are funds which can be used in accordance with the charitable objectives at the discretion of the trustees.
## _Designated funds_
These are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
## _Restricted funds_
These are funds that 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.
## **Resources Expended**
Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Resources expended have been analyzed and where a cost can be directly attributed to a function of the charity we have allocated 100% of the cost to this function.
Resources that are expended that cannot be applied to one particular category have been apportioned as follows:
90% of the Centre Managers Salary, 50% Admin Assistant salary, 100% of the cleaning and caretaking staff salaries with the same proportion of Employers National Insurance have been apportioned to Running costs of the Centres on the basis of staff time. The balancing 10% Centre Managers Salary and 50% Admin. Assistant and a proportion of the Employers National Insurance have been apportioned to Support costs on the same basis.
Printing, Postage and Stationery and Telephone costs have been allocated at 25% to Centre Running Costs and 75% to Support costs based on the estimated usage.
Page 10
**SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS for the year ended 31[st] March 2025 __________________________________________________**
## **Incoming Resources**
All income is accounted for when the Charity has entitlement, there is certainty of receipt and the amount is measurable. Income is accounted for on a receivable basis, except for hall deposits that relate to bookings in a future accounting period, the income is deferred until those periods.
|**2**
**Income from Donations and Legacies**
Estimated rental value of premises
Relief from rates
Donations
2023/24 no funds were restricted.
**3**
**Income from Charitable Activities**
Hall Hire
Coffee Bar takings
Locality Budget/SBC Grants
HCC WCEG
Office Services
Affiliation Fees|**Unrestricted**
**Restricted**
**2025**
**£**
9,900
-
9,900
4,940
-
4,940
730
`
-
730
15,570
-
15,570
**Unrestricted**
**Restricted**
**2025**
**£**
37,700
-
37,700
19,628
-
19,628
-
200
200
-
115
115
1,324
-
1,324
30
-
30|**2024**
**£**
12,000
5,069
-|
|---|---|---|
|||14,969|
|||**2024**
**£**
31,253
17,500
580
-
1,279
180|
||58,682
315
58,997|50,792|
2023/24 restricted funding of £580 was received from Locality budget holders to support the Christmas fete and provide floor equipment and cleaning.
|**4**
**Income from Other**
Employment Allowance
Events|**Unrestricted**
**Restricted**
**2025**
**2024**
**£**
**£**
1,862
-
1,862
1,515
763
-
763
652|
|---|---|
||2,625
-
2,625
2,167|
2023/4 no funds were restricted.
Page 11
## **SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025_______________________________________________**
||||**Activity**|||
|---|---|---|---|---|---|
||**Analysis of Expenditure on Charitable**||**undertake**|**Support**||
|**5**|**Activities 2024/25**|**Note**|**n directly**|**Costs**|**Total**|
||||**£**|**£**|**£**|
||Community Centre|**6**|52,787|5,398|58,185|
||Coffee Bar|**6**|15,657|1,890|17,547|
||Restricted Funds – Repairs and|||||
||Replacements|**7**|764|-|764|
||Coffee Bar Restricted Expenditure|**8**|442|-|442|
||**Total**||69,650|7,288|76,938|
||Support costs have been allocated based on staff|cost, 74.07% Centre and 25.93% Coffee Bar||||
|||**Activity**|||
|---|---|---|---|---|
|**Analysis of Expenditure on Charitable**||**undertake**|**Support**||
|**Activities 2023/24**|**Note**|**n directly**|**Costs**|**Total**|
|||**£**|**£**|**£**|
|Community Centre|**6**|53,434|4,902|58,336|
|Coffee Bar|**6**|13,872|2,019|15,891|
|Restricted Funds – Repairs and|||||
|Replacements|**7**|821|-|821|
|Coffee Bar Restricted Expenditure|**8**|796|-|796|
|**Total**||68,923|6,921|75,844|
|Support costs have been allocated based on staff|cost, 70.83% Centre and 29.17% Coffee Bar||||
|**6**
**Charitable Expenditure**
**Unrestricted Charitable Activities-Centre**
Salaries and NIC
Payroll Charges
Notional rent and rates
Water Rates
Light & Heat
Premises Expenses, Laundry & Cleaning
Health & Safety
Repairs & Renewals
Printing, Postage, Stationery etc
Insurance
Telephone
Licenses
Office Equipment
Professional Fees for HR
Publicity & Events
Volunteer Expenses
Depreciation|**2025**
**£**
28,611
243
14,840
1,129
4,774
1,633
1
75
35
372
102
545
103
216
82
21
5
52,787|**2024**
**£**
22,084
197
14,969
778
6,217
7,741
-
41
40
474
90
511
-
216
53
17
6|
|---|---|---|
|||53,434|
Page 12
## **SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025_________________________________________________**
|**6 Coffee Bar**
Salaries and NIC
Payroll Charges
Coffee bar food and drink purchases
Coffee Bar Expenses
Coffee Bar Card Charges
Coffee bar equipment purchases
**Support costs attributed to Centre Activities**
Charity Administration Salaries
Payroll Charges
Travel & Subsistence
Printing, Postage, Stationery etc
Telephone
Membership
Internet charges
Depreciation
**Governance**
Independent Examiner's Fee**(See note 18)**
Trustee Expenses
**Total Support**
**7**
**Restricted Charitable Expenditure**
**Charitable Activities – Repair & Replacements**
Equipment, repairs & replacements
Depreciation
Cleaning, Waste disposal & PPE
Publicity & Events
**8**
**Coffee Bar Restricted Expenditure**
Coffee bar food and drink purchases|||**2025**
**2024**
**£**
**£**
10,016
9,096
109
109
5,259
4,412
16
-
172
162
85
93|
|---|---|---|---|
||||15,657
13,872|
||||**2025**
**2024**
**£**
**£**
5,214
4,878
128
174
22
30
103
121
305
272
35
35
1,015
940
1
2|
||||6,823
6,452|
||||**2025**
**2024**
**£**
**£**
440
440
25
29|
||||465
469|
||||**7,288**
**6,921**|
||||**2025**
**2024**
**£**
**£**
275
8
174
233
-
351
315
229|
||||764
821|
||||**2025**
**2024**
**£**
**£**
442
796|
||||442
796|
Page 13
## **SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025_________________________________________________**
|**9**
**Fixed assets**
**Play**
**Equip**
**ment**
**Office**
**equipment**
**Fixtures and**
**fittings**
**Total**
Cost
**£**
**£**
**£**
**£**
At 1 April 2024
5,997
1,149
2,936
10,082
Additions
-
-
-
-
At 31 March 2025
5,997
1,149
2,936
10,082
Depreciation
At 1 April 2024
5,964
808
2,589
9,361
Charge for the year
8
85
87
180
At 31 March 2025
5,972
893
2,676
9,542
Net book values
At 31 March 2024
33
341
347
721
At 31 March 2025
25
256
260
541
**10**
**Debtors & Prepayments**
**2025**
**2024**
**£**
**£**
Debtors
1,665
646
Prepayments
825
803
2,490
1,449
**11**
**Creditors: Amounts falling due within one year**
**2025**
**2024**
**£**
**£**
Creditors
968
1,675
HMRC – PAYE & NI
698
779
Pension
115
92
Accruals
1,431
1,364
Hall Deposit Paid & Paid in advance
1,153
1,387
4,365
5,297|**Play**
**Equip**
**ment**
**Office**
**equipment**
**Fixtures and**
**fittings**
**Total**
**£**
**£**
**£**
**£**
5,997
1,149
2,936
10,082
-
-
-
-|**Play**
**Equip**
**ment**
**Office**
**equipment**
**Fixtures and**
**fittings**
**Total**
**£**
**£**
**£**
**£**
5,997
1,149
2,936
10,082
-
-
-
-|
|---|---|---|
||5,997
1,149|2,936
10,082|
||5,964
808
8
85|2,589
9,361
87
180|
||5,972
893|2,676
9,542|
||33
341|347
721|
||25
256|260
541|
|||**2025**
**2024**
**£**
**£**
1,665
646
825
803|
|||2,490
1,449|
|||**2025**
**2024**
**£**
**£**
968
1,675
698
779
115
92
1,431
1,364
1,153
1,387|
|||4,365
5,297|
- **12 Trustees' Remuneration and Expenses**
No trustee remuneration has been directly or indirectly paid or payable for the year out of the funds of the charity to any trustee or to any person or person connected with any of them.
Page 14
**SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025_________________________________________________**
## **13 Employees' Remuneration**
Total remuneration for the year (excluding employer's contributions) amounted to £41,883 (2024 - £34,533). No employee earned more than £30,000 p.a. The average number of paid staff for the year were four (four in 2023/24) split as follows:
||**Running**|**Support**||
|---|---|---|---|
||**Centre**|**Costs**|**Coffee Bar**|
|Centre Manager|90%|10%||
|Admin Assistant|50%|50%||
|Book keeper||100%||
|1 Coffee Bar staff|||100%|
|1 Cleaner|100%|||
The total gross salaries of key management personnel are £21,851.
## **14 Reserves Policy**
Symonds Green Community Association's reserves policy aims to keep undesignated funds at a level equal to three months budgeted expenditure with an aim of not falling below six weeks budgeted expenditure. The trustees consider this level is required to demonstrate financial stability and security to beneficiaries, funders, supporters and employees.
The trustees consider it prudent to hold this level of reserves to:
a) fund the start up costs of developments that will enable the Association to meet its aims and objectives
b) allow for fluctuations in income due to delayed receipt of statutory and/or contract payments.
c) meet unplanned but necessary expenditure.
The level of reserves is monitored and reviewed by trustees twice a year.
|Free Reserves|£19,193|
|---|---|
|Three months running costs|£19,235|
## **15 Fund Analysis**
|**Fund Analysis**||
|---|---|
|Income
Expenditure
**Net incoming Resources**
Total Funds B/fwd
**Total Funds C/Fwd**
Fixed Assets
Current Assets
Current Liabilities|**General**
**Herts**
**Comm**
**Found/**
**Garden**
**Equip**
**Locality**
**Budget-**
**CCTV &**
**Centre**
**Equip**
**Locality**
**Budget –**
**Events**
**Sub -**
**Total**
**£**
**£**
**£**
**£**
**£**
76,877
-
-
-
76,877
75,732
8
28
-
75,768|
||1,145
(8)
(28)
-
1,109
18,073
33
113
145
18,364|
||**19,218**
**25**
**85**
**145**
**19,473**|
||19
25
85
-
129
23,564
-
-
145
23,709
(4,365)
-
-
-
(4,365)|
||**19,218**
**25**
**85**
**145**
**19,473**|
Page 15
## **SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025___________________________________________________**
## **15 Fund Analysis continued**
|Income
Expenditure
**Net incoming Resources**
Total Funds B/fwd
**Total Funds C/Fwd**
Fixed Assets
Current Assets
Current Liabilities
Income
Expenditure
**Net incoming Resources**
Total Funds B/fwd
**Total Funds C/Fwd**
Fixed Assets
Current Assets
Current Liabilities||**Sub -**
**Total**
**Locality**
**Budget –**
**Repairs &**
**Replace**
**Co-Op**
**Locality**
**Budget –**
**Coffee Bar**
**Fence**
**Sub-**
**Total**
**£**
**£**
**£**
**£**
**£**
76,877
-
-
-
76,877
75,768
8
54
-
75,830|
|---|---|---|
|||1,109
(8)
(54)
-
1,047
18,364
32
215
702
19,313|
|||**19,473**
**24**
**161**
**702**
**20,360**|
|||129
24
161
-
314
23,709
-
-
702
24,411
(4,365)
-
-
-
(4,365)|
|||**19,473**
**24**
**161 **
**702 **
**20,360**|
|||**Sub-**
**total**
**Locality**
**Budget –**
**Newsletter**
**Locality**
**Budget –**
**Coffee Bar**
**Tables,**
**PPE,**
**Security &**
**Laptop**
**SCT -**
**Printer**
**Sub -**
**Total**
**£**
**£**
**£**
**£**
**£**
76,877
-
-
-
76,877
75,
830
-
50
26
75,906|
|||1,047
-
(50)
(26)
971
19,313
480
281
104
20,178|
|||**20,360**
**480**
**231**
**78**
**21,149**|
|||314
-
149
78
541
24,411
480
82
-
24,973
(4,365)
-
-
-
(4,365)|
|||**20,360**
**480**
**231**
**78**
**21,149**|
Page 16
## **SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025_____________________________________________________**
## **15 Fund Analysis continued**
|**Income**
**Expenditure**
**Net incoming Resources**
**Total Funds B/fwd**
**Total Funds C/Fwd**
**Fixed Assets**
**Current Assets**
**Current Liabilities**|**Sub-**
**total**
**Locality**
**Covid-19**
**Omicron**
**SBC Grants**
**Various**
**2021 to**
**2025**
**HCC**
**WCEG**
**Afternoon**
**Tea**
**Total**
**£**
**£**
**£**
**£**
**£**
76,877
-
200
115
**77,192**
75,906
442
475
115
**76,938**|
|---|---|
||**971**
**(442)**
**(275)**
**-**
**254**
20,178
442
522
-
**21,142**|
||**21,149**
**-**
**247**
**-**
**21,396**|
||541
-
-
-
**541**
24,973
-
247
-
**25,220**
(4,365)
-
-
-
**(4,365)**|
||**21,149**
**-**
**247**
**-**
**21,396**|
**Fund balances outstanding from Co-Operative and Locality Budget holders to provided new equipment for the Community Centre and Coffee Bar.**
**Herts Community Foundation provided funding for garden equipment.**
**Locality Budget Holders provided funds to support the production of a newsletter.**
**21/22 Locality Budget Holders provided funds to support the coffee bar, purchase tables for the centre, PPE, security and the purchase of a laptop. This year funds have been provided to purchase baby changing equipment, card machine costs, curtains, an entrance mat and support for the coffee bar.**
**22/23 Locality Budget holders provided funds to support white board & restock/replenish charity café for events; refreshments and children's activity equipment; outdoor games and equipment; supplies & equipment for christmas fete; heaters, patio parasols, children's activities; air con unit; food poverty.**
**Stevenage Community Trust (SCT) provided funds to purchase a printer.**
**Omicron Hospitality and Leisure Grant Scheme - support for businesses over the winter months, where they will have been impacted by the rise in the Omicron variant. Grant values were based on rateable value of property they occupy.**
**24/25 Locality Budget holders provided funds to purchase sensory items and a parasol for the Café.**
**HCC WCEG provided funds for an afternoon tea.**
Page 17
## **SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS**
**for the year ended 31[st] March 2025_____________________________________________________**
## **16 Volunteers**
## **Volunteer information is as follows:**
||**Number**|**No of Hours**|**Total**|
|---|---|---|---|
|**Activity**|**of Volunteers**|**per Volunteer**|**Hours**|
|**Functions**|**8**|**10**|**80**|
|**Handy Man/ Caretaker**|**2**||**90**|
|**Coffee Bar**|**2**||**520 (10 Per Week)**|
|**Office staff**|**1**|**20**|**20**|
|**Governance**|**19**|**6**|**114**|
## **17 Notes to the cash flow statement**
## **Reconciliation of net income/(expenditure) to net cash flow from operating activities**
|**Net income/(expenditure) for the year**
**Adjustments for:**
**Depreciation charges**
**(Increase)/decrease in debtors**
**Increase/(decrease) in creditors**
**Net cash provided by operating activities**|**2025**
**2024**
**£**
**£**
**254**
**(7,916)**
**180**
**241**
**(1,041)**
**118**
**(932)**
**1,173**|
|---|---|
||**(1,539)**
**(6,384)**|
## **18 Independent Examiner Fees of £440 (£440 in 2024) have been accrued for the 2025 examination and preparation of accounts.**
Page 18