CHARIry REGISTRATION NUMBER: 288092
Haverhill Community Trust
Unaudited independently examined accounts
31 March 2025

Haverhill Community Trust
Financial statements
Year ended 31 March 2025
Page
Ttustee's annual report
Independent examiner's report lo th& Iruslee
Stslernenl of financial activities
Balance sheet
Notes to the financial statements
10

Haverhill Community Trust
Trustee's annual report
Year ended 31 March 2025
The Iruslee presents his report and th8 unaudited financial 51alemenls of Ihp charFly for the year ended
31 March 2025.
The flnancial statements have been prepared in accordance with the a¢¢ounting polici8s sel out in notes to
th8 accounts and comply with the charity's governing document, the ChaTlti8s Act 2011 and Accounttng and
Reporting by Charities.. SlatèmÉnt of R8commended Practice applicable to charities preparing their
accounts in accordance with the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland
published in October 2019.
Roferencè and admlnlstrative details
Reglstered charlty name
Haverhill Community Trust
Charlty registratlon number
288092
Prlnclpal office
Haverhill Town Hall
High Street
HaveThill
Suffolk
CB9 8AR
The trustee
The Iruslees who served during the year and at the dale of approval were as follows..
Haverhill Town Council
Clerk to the trustee
C P￿1@
Bankers
Lloyds Bank plc
8 High Street
Havethill
Suffolk
CB9 8AR
Inde￿ndent gxaminor
A Robinson FCA
Lovewell Blake LLP
Chartered accountants
First Floor Suite
2 Hillside Business Park
Bury Sl Edmunds
IP32 7EA

Haverhill Community Trust
Trustee's annual report (conllnuedj
Year ended 31 March 2025
ObS•ctives and activlties
Haverhill Community Trusl promotes such charitable purposes for the benefit of the inhabilanls of HÈverhill
a$ the Trustee thinks fit, and in p8rtiCLJl8r by the provision of premises for thB benefil of the public.
The charity rents out the Ltse of the old town hall as an arts centr6 and council offices lo Haverhill Town
Council. A room within the building is let lo the Local History Museum.
Achigvom•nts and perforniance
During the 2024-25 year the charity was able lo support the full range of activities deliver8d by constitU8nt
groupslbuildings operaling under its wing.
The Clfjments Community Centre provides hire spac8 for a wide range of community L158S. from lun¢h clubs
to sport and fitness use. A public-access defibrillator was fitted to the building in 2025. For much ol th8 year
under ￿VIeW Ihe building was the start-up bBse for WS Training to deliver much-needed post-16 level 2
learning opportunities in Haverhill. By offering 8 signilicanlly discounted rent the Trust was able lo de-risk
the proposal SLJfficienlly for WS Trailling to go ahead. The pilot has been extremely successful and WS
Training have now moved lo new, pèrmgnent premises in Haverhill. This is an excellent example of how the
Trust can deliver significant publiG benefit lo Haverhill through the provision of spaces for oiganisalions lo
deliver lif&changing servlces.
The Haverhill Zone Youth and Family Hub.. The Town Council operates a sofl-play cenlre, which the Trust
uses as a setting for youth work and also for supporting families through a range of activity. The Youth
Skills Service, delivered by the town council as a member of ONE Haverhill Partnership, is also based here
and deliveTS SUPPOrt under the auspices of the Cornmunity Trust for young people in danger of becoming
Not in Education. Employment or Training INEETI. It also provides a safe space for young people lo meet
weekly, the Wèllbeing Hub. Signpost, both tor adults and younger people, continues to provide support for
people who are struggling to maintain their place in edu¢aliDn, training or employment. The W8lk, Talk and
Bee Happy proje¢l supported people experiencing low mood, through walking, Tneditalion and positive
thinking. Choices, launched in ApThl 2024 and funded by the Suffolk Police and Crim8 Commissioner.
supports young people aged 11-25 from turning to Crime and exclusion from school by supporbng Iheir
mental health and in making bett$r d$¢i$ions.
The Trust maintained a walGhing brief over the Zone building. As well as oftering an affordable soft-play
centre, it includes provision for Special Educational Needs and Disabilities ISENDI children including
Monday club running throughoul the year and a sensory room. The Zone also acts as a literacy charllpion
offering supported Tpading and giving out free book5 on bèhalf of the National Literacy TTU8t. A room is
provided for Room4 counselling for young people who have experienced trauma.
Terrrfi¢ Tuesdays Dementia Group.. This continues lo piovide a range of activitie5 for its mèmbers. Thanks
goes to Mr D W¢ndell who continues lo lèad this groLJP magnificenuy.
Men's Group.. This continues to provid8 8 range of activities for ils members. Thanks goes to Mr Wendell
who continues lo lead this group magnificenuy.
Community Kitchen.. This has bèèn usèd by sèveral groups lo leach cooking and independence skills for a
range of residents.
Haverhill In Bloom.. Thg members of this group arranged 8nolhèr imprèssive display of colourful planters,
hangin9 baskets and troughs in the town cenlre. Thanks go ID Mrs S Roach for leading this active group.
HaveThill & District Family Carers Support Group.- This group came under the wing of thè Ctsmmunity TTUSt
by resolution of the Trustee on 18lh July 2022. This group supports family carers in the town and thanks
gc*s to Ms J Brett for her leadership of this group.

Haverhill Community Trust
Trustee's annual report (e¢)ntint*ed)
Year ended 31 March 2025
Publi¢ b$n6fit
The current Trustee has considered the Charity Commission's guidan￿ on pvblic benefit. The Trustèe
confifms that in planning and carrying out the charitls aeliviti8s it has had regard lo this guidance.
The Trustees confim th81 they havè complied with the duty in section 4 of the Charities Act 2011.
Financial r•vl¢w
Income from on*tsing aelivtlies dLJring the year arnounled to £340,25012024'. £391,162} of which £213.841
12024.. £322,5941 was for specific reslricled projects. Historically, a granl is made by Haverhill Town Council
lo meet any shortfall in annual income and in 2024125 this amounted lo £165.304 12024= £225.0001.
Restricted funding reflects the ongoing success of Trust proj&cts in gaining financial support from charitable
trusts and public bodies for the work that the Trust does for Haverhill.
The costs of rnaintaining the Town Hall, Clemenls Community Centre and other prernises ¢osts during the
year amounted lo £227,855 12024.. £307,664> r8flècting the on90ing investment in the Trust's primary
objèctiv8 of providing premises for charitable a¢tivily in Haverhill. over and above the dlrecl charitable
activities delivered through projects.
Reserves policy
The charity's policy on the estsblishm8nt, maintenance and adequacy of reserves ond balances will be
reviewed annually and will be held for four main purposes..
working balance to help Gushion the impact of uneven cash flows and avoid unnecessary temporary
borrowing- this loims part of general reserves-
a conling8n¢y lo cushion the impact of unexpected events or emergencies - this also forms part tsl
general reserves.,
a means of building up funds, often referred to as designated funds, to meet known or p￿dICt￿d
requirem¢nls- designated funds are ac¢otJnlèd for separately bul remain legally part of the unreslricled
funds.
as well as reserves designated by the charity towards known or predicted requirements, there are also
rgslriGled reserves where funds are given by 8 third party towards a particular project, with any match
funding commilled by the Trust as part ol a fom)al agreBrnenl.
The charity's reserves policy is to hold SLrfficient reserves lo cover thè objectives above considered to be al
least six month5, unrestricted rLJnning costs equating lo £2,37012024.. £40,365) based on 31 March 2025
activity leve15. Free reserves, being unrestricted and un-designatgd tunds, as al 31 March 2025 amounted
to £3,567 12024: £8,774) which when combined with aTnounts héld for ¥estricted projects total £91,710
12024= £82.5Q41 as shown in the Slalemenl of Financial Aclivilies.
During the year a significant transfer of £98,82912024: £2,3541 was made lo restricted funds to ¢ovèr the
ongoing expenditure of projects.
Whilst the Iruslee will look lo inGreose funds to the reserve largel over the ¢omlng years, based on Ihe
budget for the year ended 31 March 2026, a furth8r delicil may occur over the short tsim. r8qui¥ing
additional support from the Haverhill Town Cgun¢il to miligate.
Independent ex#mln$r reappolntment
A resolution lo appolnl A Robinson FCA of Lovewell Blake LLP as indep8nd8nt 8xaminer will be proposed
al the next Annual Gen8ral M88ting.

Haverhill Community Trust
Trustee's annual report (¢ontlnts￿)
Year ended 31 March 2025
structure, govgrnaneè and management
The Town Hall, High Street, Havgrhill. SLtffolk CB9 8AR, was règistered as a charitable trust with the
Charity Commissioners in 1896.
On 1 August 2004 the sole Trusteeship of the Charity was transferr￿ from St Edmundsbury Borough
Council lo Haverhill Town Council, IhÉ building having been permanently endowed lo one of the Council's
predac8ssor authorities in 1895 by a local family.
On 13 April 2015 the Charity Commission issued a scheme to govern the charity, replacing the Trust Deod.
The scheme also provided a new objects clause for the charity. gxtending its remit beyond that of Trustee
of th8 Town Hall.
The object of the charity is lo promole such charitable purposes for the general benefit of the inhabitsnls of
the area of benefit as tha Trustee think fil, and in particular. but without limitation, by the provSsion and
maintenance of premises for eharilable purposes for the bonelil of the public. In addition, the Official
Custodian for Chartlies was appointed by the ch¥rity as Custodian Trustee for the Town Hall on 3 March
2015.
Under the tems of schem@. the Town Council as body Corporate is responsible for thè management of the
charity and may determine rules. regulations, Charges, terms. condition5 and prowsions for thal purpose. As
part of their induetion.Iraining Councillors ￿Ceive instruction and guid8ncÈ on thèir role as Trustee, the
history and objeclives of the charity, and th6 relationship beiween Haverhill Town Council and Haverhill
Community Trust.
Thé clerk lo the Trustee manages the day-to4ay operations of the charity. The charity has a very close
relationship with its Trustee, Haverhill Town Council, which provid$s fLJnding and da￿t0￿daY services lo
enablg the charity lo carry out ils charitable objectives.
Risk m#nagÈm•nt
The Trustee has assessed the major risk5 to which the charity is exposed, in particular those related to thg
operations #nd fÉnances of the charity anLf is satisfied Ih8t systems and procedures are In place to miligale
its exposure to these major risks.
The TTusle¢ acknowledges 115 ultimate r8sponsibility for ensuring that the charity h2s in place a system of
intèrnal control that is appropriate lo the business environment in which il gporales. These controls are
designed to give reasonable assurance with respect to..
The reliability of linancial information used within the charity or for publi¢Btion
The maintenance of Propgr a¢¢ounling records, and
The safeguarding of assets against unaulhorised use or dispositton.
11 is the Trustee's rèsponsibility to establish and maintain systems of intemal financial control. Such systems
can only provide reasonable and not absolule assurance against material financial Tnisslatem8nt or loss.
Key elements include ensuring that..
Policies and procedures are in place, including the documenlalion of key systems and rules r8lating to
the delegation of aulhorilies, which allow thè monitoring of controls and restrict the unaulhorssed use ol
the Charl￿S assets.
Offic9rs al the appropriate levels lake responsibility for important business lun¢lions.
Infomiation in respect of income and expenditure is available which alluws the Trustee lo monitor the
kèy business risks and financial objectives. and progress towards financial plans sel for the year.
Financial information is prepar8d on a regular ba81S.
All major commitments and investment projects 8re subject to lormal aulhorisalion procedurgs.
Reports from management, and from th8 indep$ndenl examiner in respect of control proGeduros are
reviewed.
Appropriate action is taken lo correct weaknessès identified from the above Teports.

Doc￿[qN En¥dope ID.. B5TO882IAD￿4EE4-&sF￿￿3lS&E¢F8Sr
Haverhlll Community Trust
Trustee's annual reportlconttnufydj
Year ended 31 Mar¢h 2025
On behalf of the TTuslee. Ihe Finan¢8 Commlttee ha$ revlewed Ihe effectiveness ol tho syslEm of Iniemal
finsnci81 control In txislence forlhe charity for the year ended 31 March 2025.
No weakne&g0s were found In Inlemal financlal controls whleh requlre dlsdtssure In the flnancial ststemenls
or in Ihe indépendent exatnine¢s report on the financial stafemenls.
The charity's maift unrBstriclod income is derived from renting spa¢9 to other organlsations, includlng
Haverhill and District Loc81 History Muséum and Hav8rhill Town Council, foT which a new lease was
enteréd into in April 2025. The rent ￿e￿IVed from tenants was ￿￿eWed In 2022 by an Indepandent expert
and sot by the Trustee al U?8 level advisetl.
Rèlai•d party transacttons
The charAy has a very clos& r8laitonshlp wth the current Trustee, Haverhill Town Council. A summary of
Iransaclions with this party Is Ilsled In thè note5 to thè financial statements.
Plans forfutyre perlods
The charity plans to contlnu& to prDmote Fts activllies for th2 lurtheranca of 11$ objectives tor the benefit of
the inhabitants of Ihe area of beiiefil as Ihe Tru51ee thinks trt, and in p&rtlGular, bul without limit&tion, by the
provlslon and malnlenance of preml*s for charitable purposes of the long terrn benefit of the public.
The 1rustee's annual report was approv￿ on 19 J8nu8ry 2026 and signed on behll of the board of truslees
by..
C Poole
Cl¢rk lo the tnislee

Haverhill Community Trust
Independent examiner's report to the trustee of Haverhill Community Trust
Year ended 31 March 2025
I report lo tho ch3rily twstee on my examinalion of the financial statements of the charity for the year ended
31 March 2025 whlch comprise the slalement of financial activities, balanca sheet and the related notes.
R•$ponslbilltles and basis of report
As the char¢ly's truste8 you are responsible for the preparation of thé financial si8tements in accordance
with the requirements of the Charities Aol 2011 I'￿e Acl'l.
I report in respect of my Éxamination of the charity's linancial slaletnenls ¢arried out under section 145 of
the Act and in carrying Dut my examination I have followed all the applicable Direolions given by the Charity
Cornmission under s8clion 1451Sllbl of the Act.
Indopèndent examiner's statement
Sin¢$ thè charity's gross income exceeded £250,000 your examiner must be a member ol 8 body listed in
section 145 of the 2011 Act. I confirm Ihal l am qualifièd to undertake the examination b8causo l a
mèmber of the Institute of Chartered Accountants in England and Wales IICAEWI. which Is ot)e of the listed
bodies.
I have completed my examination. I confirm that no material matters have come to my ottention in
connection with the examination giving me cause lo believe that in any material respect..
accounting reGords were not kept in respect of the charity as required by section 130 of the A¢l-
or
the financial statemonts do not accord wth Ihose fecords- or
the financial statements do not comply with the applicable requirements conceming the form and
conlenl of accounts set out in the Charities IAttcounis and Reportsl Regulations 2008 other than
any ￿qUIreMent that the accounts give 8 'lrue ond fairf view which is not a maller considered as
part of an independent examination.

Doutsl9n Envdope ID.. 8570tSB21AD88.4EE444flF4.B5Y158ECfrQS7
Haverhill Community Trust
Indopendent exafflinerfs report to the trustee of Haverhlll Communlty Trust
Iconllnuod)
Year ended 31 P41arch 2025
I havg no concerns and have come 8¢ross no other matlers in connection ivith the examination to whlch
2tt8nlion should bè drawn in this Teporl in order lo enable a proper undtrrstandlng ol the aocounls lo be
reached.
Your attenlion is drawn to the lact that the Chariiy has prep8red Aeeounls lflnancial 8lalem¢nlsl In
accordance wtkn A￿oUnting and Reporting by Ch31ili25.' Slalemènl of Recornmended PTacll¢o applicable Lo
chaiilips preparing their acwunls In aixordance wlth the Financial Reporting Standard applicable in the UK
and Republic ol Ireland (FRS 1021 in pr¢fewn¢e to the A¢rnunling ar￿ Reporting by Chaiilies.. 8t8t&m8nt of
Recommended PractSca issued tsn 1 April 2005 which is relarred to In thè extant regulations but has Since
begn wI￿rawn.
l understand that this has been done in order for tha accounts lo provlde a true and fair view in acGordan¢e
with the Gènor911y Accgpled Aecounling P¥aclice effective for repo¥ting peiio45 beglnning on or aft•r 1
January 2015.
A Roblnson FCA
Independ8nt Exèmifter
Lovewell Blake LLP
Chartered accountants
First Floor Suite
2 Hillslde Suslness Park
Bury S.: Edmunds
IP32 7EA
aoJu]LY 202G

Haverhill Community Trust
Statement of financial activlties
Year ended 31 March 2025
2025
Restricted Endowment
funds
funds Total funds
2024
UnrpstriGled
funds
Ttstal funds
Note
Income and endowfflents
Donations, grants and
legacies
Charitablè activitigs
Olhei trading activities
Total Income
18,771
21,843
57,749
98,363
239.105
2,782
257.876
24.625
57,749
298,168
44,892
48,102
241,887
340,2SO
391.162
Exp¢ndltyre
Charitable activities
4,741
326.303
331,044
385,285
Total expenditure
4,741
326,303
331.044
385,285
Net income befor¢ transfer of
funds
93,622
184,418)
9,206
5.877
Transfers between funds
(98,8291
98,829
Net movèment In funds
15.2071
14,413
9,206
5,877
Re¢onclllatlon of funds
Total fundg brought fonNard
Total funds carried forward
8,774
13,730
88,143
358,50D
441,004
435,127
3,567
358,500
450,210
441,004
The statamènt of financial aclivitl8s inGludes a11 gains and losses ￿COgnised in th8 year.
AIS in¢ome and expenditure derivÉ from continuing activities.
The notes on pag$$ 10 to 19 form part of these financlal statements.

DoGuslgft EnvelapD Itr. B570￿l-ADBB4IE4.a6F4-BS3I58ECpThS7
Haverhill Community Trust
Balance sheet
31 March 2025
2025
2024
Noto
Flxed assots
Tangible fixed assets
11
385,450
367.168
Current assets
Debtors
Gash at bank and in hand
12
61,171
39,804
50,689
27,K22
78,511
100,975
Creditors: Amownts falling due withi
one ygar
13
118,2151
14,6951
Net cvrrènt assets
84,780
73.616
441,004
441,IX)4
Totrdl assets less current IlablllttèÉ
450,210
450.210
Netassets
Funds of the charity
EDdowmeTrl fund5
Restrictsd %und5
Unrestiicted funds
358.500
68.143
3,567
450.210
358,51XI
73,730
8,774
Total ¢harEty funds
14
441,004
These financial staternents were approved by the board of trustsÈs and aulh0ri5ed lor i5SUo on 19 January
2026, and are Bigned ON behalf of the board by..
C PoolÈ
Clerk lo Ihe truEleo
The notès on pwgos 10 to 19 fomi part 0fthe￿ flnanclal statement&

Haverhill Community Trust
Notes to the financial statements
Year ended 31 March 2025
General information
Th¢ charity is a public benefit entity ané a registered charity in England and Wales and is
unincorporale(S. The address ol the piin¢ipal office is Haverhill Town Hall, Hlgh Street, Hav¢rhill.
Suffolk, CB9 8AR.
ststement of compliance
The Charity Bonslitules a public benefit entity as defined by FRS 102. The financi81 statèm8nls have
been p￿Pared in accordance with Accounting and Reporiing by Charities.. St8lemenl of
Re￿Mrnended Practice applicable lo ¢harilies preparing their accounts in 8ccordanGa with the
Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the
Financial Reporting Standard appli¢#ble in thè Uniied Kingdom and Republic of Ireland IFRS 1021,
the Charities Act 2011 and UK Generally A¢¢epted Accounting Practice.
Accounting polielès
Basi$ of prèparation
The financial statements have been prepared on the hislorical eost basis, as modified by the
revaluation of cÉrtain financial assets and liabilities and investment properties measured at fair value
through income or expenditure.
The finanGial statements are prepared in sterting, which is the functional currency of Ihg entity.
Going concern
The accounts have been preparod tsft the going concern basis and the Trusloes believe that no
material uncertainties exist. Thg Trustees have considered the level of funds held and the èxppcled
income and expenditu￿ for thè next 12 months from aulhorising these financial statements. The
budgeted incomB and expenditure is sufficient with the level ol reseNes lor the charily to be able lo
continue as a going conc81n.
Inc¢m¢ lax
The activities of Haverhill Commur*ily Trust are exempl from United Kingdom Income and Corporation
laxalion, prDviéed Ihal the income is applied to charitablè purposes.
Fund accounting
Unrestricted funds are available for Ljse at the discretion of the Trustees to further any of the charily's
purposes.
Designated funds where necessary, are unrestricted funds earmarked by the Trustees for particular
fuknre projeGI or commitment.
Reslricled funds ar8 subjected lo restriction5 on Iheii expendilLJre declared by the donor or through
the terms of an appeal. and fall into one of two sUb￿laSses.. reslriGled in¢ome funds or endowment
funds.
10-

Haverhill Community Trust
Notes to the flnancial statements leontlntsedj
Year ended 31 March 2025
Accounting policigs (contlnued)
Ineome
All income is included in the statement of financial activities wh8n entitlemènt has passed to the
charity, il is probable that the economic benefits associated with the transaction will flow to the charity
and the amount can be reliably mÈ2sured. The following specific policies are applied lo particular
categories of income:
incom8 from donations or grants is recognised when there is evidence of entitlement to the gift.
receipt is probablè and its amount can be measured reliably. In particular, grants from Haverhill
Town Council is set to meet the net costs of the charity during ils trusteeship and is pald over and
above any rent payable.
ineom8 from contracts for the supply of services is recognispd with the delivery of the ¢ontra¢led
service_ This is classified as unrestricted funds un5ess there is a conlraclual reqijlremenl for il lo
be spent on a particular purpose and returned if unsper7t, in which ¢a$g it may b8 regarded as
restricted.
rental income from assets leased under operating leases Is recognis6d on a slraighl-line basis
over the term of the lease.
Expenditure
ExpendFture is recognised on an acciuals basis as a liability is incurred. Expenditure includes any
VAT which cannot bè fully recovergd, and is classified under headings of the statement of financial
activities lo which il relates..
expenditu￿ on charitable activilies includes all costs incurred by a charity in undertaking a¢livSties
that further ils Charilable aims for the benefit of its beneficiaries, including those support costs and
costs relating to the governance of the charity apportion8d lo charitable aclivilies.
All costs are allocated lo expenditure categories reflecting the use of the resource. Direct oosts
attribulable to a single activity are allocated directly to that activity. Shar8d costs are appot*oned
be￿een the activities they contribute to on a reasonable. justrfiable and cr)nsistent basi5.
Tangibl¢ assèts
Tangible 8ssels are initially recorded at ¢ost, and subsequently slated al cost less any a¢¢umulaled
depreciation and impaimenl losses.
The f￿¢hOld property, which con515ts 01 the Haverhill Town Hall and associated plant and machlnpry
wlhin the building was initially reflected al valuation at the point il transferred lo th8 charity. The value
of th8 property is reviewed annually by the trusteBs to ensurg that an impairment should not be
reflecled, bul it is the view of the T¥uylees that thè valu8 of any deprèciation would be immaterial, and
consequently. il has not been charged in these financial statamenis
Depreciatlon
Depreciation is calculatèd sts as lo write off the cost or valuation of an asset, less its residual value,
over the useful economi¢ life of that assel as follows..
Fixture5 and fittirhgs
1010 straight line
11

Haverhill Community Trust
Notes to the financial statements Icondnu8dJ
Year ended 31 March 2025
Accounting policies (contlnued)
Financial instruments
A financial asset or a financisl liability is recognised only whèn the entity becomès a paty to the
conlr8Ctual prcivisions of the instrument.
Basic fin8neial instruments are initially recognised at the amount ￿CeiVable or payable including any
relalod Iransaclion costs, unless the arrangemènt constitutes a financing ITansaclion, where il is
recognisad al the present value of the future paymgnls discounted at a market rale of interest for a
similar debl instrument.
Current assets and current liabilities are subsequently measured al the cash or other consid8ralion
expected to be paid or received and not discounted.
Oonations. grants and l•gacl•s
Unrestricted
Funds
Restrict8d Total Funds
Funds
2025
Donations
Donations and gift aid
764
764
Grants
Haverhill Town Council
Community Action Suffolk
Wesl Suffolk Council
Suffolk County Councsl
Tackling Poverty
Other grants received below £5,000
165,304
2,400
7,750
165,304
7,430
12,560
5,030
4.810
8,931
55,651
7,236
64,582
7.236
18.771
239.105
257.876
Unrestricted
Funds
Reslricted Total Funds
Funds
2024
Donatlons
Donations and gilt aid
660
660
Grants
Haverhill Town Council
Community Action SLffftslk
West Suffolk Council
Suffolk County Council
Tackling Poverty
Other grants received below £5,000
225,000
5,131
44,970
1,020
14,223
6,503
225,000
5.131
44,970
1,020
14,223
7,164
661
661
297,5D7
298,168
12-

Haverhill Community Trust
Notes to the financial statements {conllnuedJ
Year ended 31 March 2025
Charitable a¢tlvities
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Lettlng
VolLJnléer cantr8 income
Dementia group income
19,333
5,440
(2,9301
21.843
19,333
5,440
11481
24,625
2.782
2.782
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Letting
Volunteer centre income
Dementia group income
19,805
19,805
23,811
1,276
23.811
1,276
19,805
25,087
44,892
Oth•r tradlng activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Rent and booking tees income
57.749
57.749
48.102
48,102
13-

Haverhill Community Trust
Notes to the financial statements (contlnu8dJ
Year ended 31 March 2025
Exp¢ndlturo on ¢haritable activities
Unrgslrlcted
Funds
Restricted Total Funds
Funds
2025
Other prernises costs
Community group expenditurè
Community kilch8n
Haverhill in Bloom
Community aclivilips anrl support Services
Support costs
227,855
2,425
227,855
2,425
7,197
76,274
12,552
7,197
76,274
17,293
331.044
4,741
4,741
326,303
Unrestricted
Funds
Restricted Totsl Funds
Funds
2024
Other premises costs
Comrnunily group expendiluTe
Community kitchen
HavBrhill in Bloorn
Community eclivilie5 and support sèrvices
Support costs
73.683
233,981
5,121
820
5,637
58.387
610
307.664
5,121
820
5,637
58,387
7,656
7,046
80,729
304,556
385,285
Analysls of Support costs
2025
2024
Insurance and olhei Gosls
Bank Chargès
Ind8pendont examination fee
Depreclalion
12.770
330
2,455
1,738
17,293
3,760
208
1,950
1,738
7,656
Net income
Nel income is staled afler ¢hargingllcredilingl'.
2025
2024
Depreciation of tangible fixed assets
1.738
1,738
Independent examlnatlon feas
2025
2024
Fees payable to the independent examiner for..
Independent examination of Ihg financial stalpments
2,455
1.950
14-

Haverhill Community Trust
Notes to the financial statements (¢L)nlNnuedJ
Year ended 31 March 2025
10. Staff costs
The average head count ol employees during the yÈar was Nil12024'. Nill.
No employee r8cÈivèd employee benefits of rnore Ihan £60,000 during the year12024.' £Nill.
Th& Trustaa nèithsr received not waived aTry remuneration during thè yÈar12D24'. £Nill and no Trustee
has received any reimbursement of expenses from the charity during the year eilher directly or
indirectly.
11. Tangiblè fixed assets
Freehold Flxlures and
proptrrty
flttings
Total
Cosl
At 1 Aprll 2024 and 31 March 2025
Depreciation
Al 1 April 2024
Charge for the year
Al 31 March 2025
358,500
17,378
375.878
8,890
1,738
8,690
1,738
10,428
10.428
Carrying amount
At 31 March 2025
358,500
6.950
365,450
Al 31 March 2024
358,500
8,688
367.188
The Trustee has reviewed thè value of the property al the reportino dat&, and consider5 Ihal th8 value
01 £358,500 remains appropriate by reference lo the specialised nature, and current conditiorn.
11 Debiors
2025
2024
Trade debtors
Prepayments and a¢crued income
Amounls owed by Haverhill Town Council
Other debtors
206
1.967
50,798
8.200
805
5,662
26,234
18,188
61,171
50,889
13. Credltors: Amounts tslllng duè withln one year
2025
2024
Trade Crèditors
Accrua15 and deferred income
8,005
8,210
16,215
2,432
2.263
4,695
15-

Haverhill Community Trust
Notes to the financial statements (¢ontinu8dJ
Year ended 31 March 2025
14. Analysis of charitable funds
Endowmentfund5
At 1 April
2024
Al 31 March
2025
Income
Expenditure
Transfers
Atts Centre
358,500
358,500
Al 1 April
2023
Al 31 March
2024
Income Expenditure
Transfers
Arts Centre
358,500
358,500
Rèstrlet•d funds
Al 1 April
2024
Al 31 March
2025
Income
Expenditure
Transfers
Clements Cèntre
Arts Cenlre
Terrrfic Tugsday dementia
group
Family Carers SLtpport
group
Social prescribing
Community group youth
project
Kitchen project
The Zone
The Zone Grants
Haverhill in Bloom
Signpost Ico-opl
Signpost Iwesl Suffolk
Council}
Walk & Talk
Breakthrough
HAC Public Mental Health
Thriving Communibes
Awards For All
Winter Support
Fix)Ib211 Project
8,400
111,670
121,6781
{141,7341
16,673
29,58LI
3,395
3,016
3.500
2,782
12.8501
168>
634
700
14051
229
700
22.341
19,545
2,746
22,341
19,545
424
2,746
3,191
39,616
12.070
1.298
186,8031
19,3241
17.4641
13,0051
44,865
2.928
1,723
6,429
1,282
500
5.338
2.645
11.130
5,000
15.5001
15,3381
13,4781
15.887}
1.655
822
5,243
5,000
18,977
1,232
1,350
88,143
5,000
19.950
1,400
5.000
19731
11681
13,6501
1298,257}
73,730
213,841
98,829
16

Haverhill Community Trust
Notes to the financial statements fconfinued)
Year ended 31 March 2025
Al 1 April
2023
Al 31 March
2024
Income
Expenditure
Transfers
Arts Cenlie
T¢rrilie Tuesday dementia
group
Family Garers support
group
Men's gTOUP
Social prescrtbing
Community group youth
project
Kitchen proje¢l
The Zone
Haverhill in Bloom
Signpost (Co-op)
Signpost (Wesl Suffolk
Council)
Walk & Talk
Brèakthrough
HAC Public Mental Health
3,035
224,808
1192,1151
132,2281
3,500
3.214
2,252
15.4661
1.056
440
700
14221
15201
634
80
700
22,341
19,558
22,341
19.545
2.746
2.928
1.723
1131
192,1541
16,6291
60,318
6,563
1,723
34,582
2,994
500
8.300
5,680
12.370
500
5,338
2.645
11.130
73.730
{2,9621
13,035}
11,2401
13()4,5561
53,338
322,594
2.354
Unrestricted funds
Al 1 April
2024
At 31 March
2025
Incom8
Expenditure
Transfers
General funds
8,774
126,409
132.7871
198,829)
3,567
At 1 April
2023
At 31 MarGh
2024
Income
Expenditure
Transfers
General funds
Designated- Pioperty
and repairs
2.539
38,568
126,187}
16.1461
8.774
20.750
30,000
{54,542}
3.792
23,289
68,568
{80,729}
(2,3541
8.774
Purpo¥e ofendowment funds..
Arts Cenlre.. Is a pem)an8nt endowment 'for the benefit ol Ihe people of Haverhill" r81ating to the Arts
Centre p¥operty.
Purpose of restriGted funds..
Clemenls Community Cenlre.. Funds given lo be used for solely for the mainlenanee of tho Clemenls
Community Cgntre property.
Arts Cenlre.. Represents funds giv&n for the purpose of supporting Ihp aGlivities of the Arts Cenlre.
Torrific Tuesday dementia group.. Represents funds given for the purpose of supporting the 8clivilies
of this group.
17-

Haverhill Community Trust
Notes to the financial statements 1¢ontinu￿}
Year ended 31 March 2025
Family Carers support group= ReprÉs8nts funds given for the purpose of supporting the activities of
this group.
So¢ial prescrtbing.. Represents funds given for the purpose of Supporting social prescribing activi118S.
Community group youth projecl.- 18 reslri¢led lor the development of projects of benefit for the youth
community of Haverhill.
Kitchen project: Represents funds received lor the provision of cookery skills èducation.
The Zone.. Represents fund5 given lor the purpose of sUPPOrting the provision of soft play.
The Zone Grants.. Represents funds given for the purpose of pro¥noting youth activity at the Zone.
Haverhill in Bloom.. Represents funds restiicled to be expended towards promotin9. and th& provision
of. floral displays in and around the town.
Breakthrough= Reprèsènts fLJnds reslricled lo be expended towards breaking down finan¢lal barriers
lo people being able lo enter Iraining or work.
HAC Public Mental Health- Represents funds given lor mulli-year project addressing m8ntal health
Issues through the Arts.
Thriving Communities.. Represents funds reslri¢ted lo be expended lowards supporting youn9 people
and families to reach their full potential IhroLJgh tailored support.
Awards For All.. Represents funds restrioled to be expended towards supporting young people's well-
b8ing and life chances IhrDugh combating isolation and building rgsillencp.
Household Support Fund- Represeftls funds restricted lo b8 expended lowaids those in fin8n¢ial
hardship who are facing signilicanlly rising living costs.
Sulfolk PCC Fund- R8pr8senls fL¢nds restricted to be expended towards youth arts proj8Cts in
Haverhill lo reduce and wevent anti-social behaviour.
Winter Support- Represents funds reslrioted to be expended towards combating the cost of living
Crisis, and helping families lo keep warm.
Football Project.. Represents funds lo help young people engage in sport.
The following restricted projects have been completed."
Signpost IC04JpI= R8pr8sents funds given for mulli-year Signpost project from Co-op Local
Community Fund.
Signpost (West Suffolk Councill.. Reprèsenis fur¢d5 given for mulli-year Signpost project from Wesl
Suffolk Council.
Walk & T81k- Rep￿SentS funds given for mulli-year Walk & Talk Project giant funding from Public
Mental Health Programme.
Purposè of designated funds..
Propgrty and repairs resgrves.. Represents a fund set aside for future property Tepairs. As at each year
end dale amountg arè transferred lo and from this fund lo St￿ngthen its position in anticipation of
fulure costs towards energy efficient expenditure as necessary and where possible.
18

Haverhill Community Trust
Notes to the financial statements f¢ontinued)
Year ended 31 March 2025
15. Analysi5 of net a5Stts bètween funds
As at 31 March 2025
Unrestrictèd
Funds
R8striclerJ
Funds
Endowment Total Funds
Funds
2025
Tangible fixed assets
Nel ¢urrenl assets
6.950
13.3831
358.500
365,450
84.760
88,143
Netassets
3,567
88.143
358,500
450,210
As at 31 Maich 2024
Unrestricted
Funds
Restricted
Funds
Endowment Total Funds
Funds
2024
Tangible fixed assets
Nel current assets
8.688
358,500
367,188
73,816
73,730
Net assets
8,774
73,730
358,500
441,004
16. Rel8tod parti•s
Haverhill Town Council, the Trustee is a relat8d party. During the year the charity received amounts
lolalling £244,20012024.. £101,699) paid amounts for services and 8xp8nses of £268.76412024.'
£107,162). In¢luded in debtors at thè yèar end is a balance of £50,798 12024.. £26,234) due from
H¥verhill Town Council.
All other related party transactions are otherwis8 disclosed in the notes lo the financial statements.
Th8r8 were no other related party transactions in this or the prior year.
19-