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2025-03-31-accounts

COMMUNITY FIRST (Company limited by guarantee no. 01757334 registered charity no. 288117)

REPORT AND FINANCIAL STATEMENTS

YEAR ENDED FOR THE YEAR ENDED 31 MARCH 2025

COMMUNITY FIRST

(Company limited by guarantee no. 01757334, registered charity no. 288117)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025

CONTENTS

Page
Legal and administrative information 1
Trustees's report 3
Auditors' report 16
Statement of financial activities 20
Balance sheet 21
Statement of cash flows 23
Notes to the financial statements 24
Financial support and other contributions 41

COMMUNITY FIRST

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS For the year ended 31 March 2025

Trustees James Moody (Chairman)
Phillip Addis1(appointed September 2024)
Steve Boocock2
Michael Brooks (appointed September 2024)
Piers Dibben1
Edward Heard
Timothy Humphreys (appointed September 2024)2
Virginia Keen2(resigned October 2024)
Sanjeen Payne-Kumar1(resigned September 2024)
Fiona Slevin-Brown (appointed November 2024) 2
Merope Sylvester2
1. Member of the Finance Committee
2. Member of the Human Resources Committee
Secretary Karen Williams (resigned June 2024)
Key Management Personnel Lynn Gibson (Chief Executive)
Steve Crawley
Ed Plank
David Potts
Harry Tipple
Patron Her Majesty The Queen
President Dame Sarah Troughton HM Lord-Lieutenant For Wiltshire
Vice Presidents The Earl of Radnor
Ken Whatley
James Layton
William Wyldbore-Smith DL
Jane James
Virginia Keen (appointed October 2024)

1

COMMUNITY FIRST

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS For the year ended 31 March 2025

Company reg. no. 01757334 Charity reg. no. 288117 Financial Conduct Authority no FRN311971 Registered office Unit C2 Beacon Business Centre, Hopton Park Devizes Wiltshire SN10 2EY Registered Auditor David Owen & Co 17 Market Place Devizes Wiltshire SN10 1HT Bankers CAF Bank Ltd Cambridge & Counties Bank 25 Kings Hill Avenue Charnwood Court Kings Hill 5B New Walk West Malling Leicester Kent LE1 6TE ME19 4JQ Dudley Building Society Harbour Buildings HSBC 7 Waterfront W 45 The Market Place Brierley Hill Devizes DY5 1LN SN10 1HZ Flagstone Group Ltd Lloyds TSB Bank plc Clareville House 38 Market Place 26-27 Oxendon St Devizes London SW1Y 4EL Wiltshire SN10 1JD

Solicitors

Awdry, Bailey and Douglas 33 St.John's St Devizes Wiltshire SN10 1BW

2

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

The members of the Board of Trustees, who are also directors of the charity for the purposes of the Companies Act 2006 present their report which includes the administrative information set out on pages 1 & 2 and the audited financial statements for the year ended 31 March 2025 which have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective 1 January 2019.

Structure, Governance and Management

Community First was founded in 1965 as the Community Council for Wiltshire, incorporated as a company limited by guarantee (registered in England and Wales) in September 1983 and registered as a charity in November 1983. Since 2008 we have been very fortunate that HRH the former Duchess of Cornwall and now Her Majesty The Queen has been Patron of Community First. We currently employ 31 full time, 18 part time and 12 sessional roles, (March 2025)

Membership of the Charity is comprised of supporting groups and individuals drawn from local communities, statutory bodies and parish and town councils in Wiltshire and Swindon. Community First is a part of the Rural Community Action Network, which operates through Rural Community Councils in each of England's shire counties, supporting the work of the voluntary sector in rural communities and market towns. The network is known nationally as ACRE (Action with Communities in Rural England). The governing documents of the Charity are its Memorandum and Articles of Association. Governance of Community First is through a Board of Trustees elected by the membership at the AGM. The Board has final legal authority and is responsible for overseeing the operation of the entire charity and its activities. The Chair, President and Vice Presidents are elected annually, and Trustees are elected for a three-year term. Additional Trustees may be co-opted by the Board for a 12-month period or until the next AGM. Trustees may be elected for two terms of three years - i.e. six consecutive years. A Trustee may be re-elected for an additional term of three years. All new Trustees take part in a formal induction programme and receive appropriate training.

The Board meets formally five times a year. It regularly reviews its structure, the individual and corporate responsibilities of Board members and the skills and expertise that they bring to the Charity, through its strategic planning process. A skills audit of Trustees will be undertaken in 2025.

The two Board Committees involving Trustees and senior management staff have delegated responsibility for Finance and Human Resources.

The Finance Committee is chaired by a Trustee with financial knowledge and experience and holds responsibility for financial oversight and protecting the assets of the Charity, including the principal assets, its property at Beacon Business Centre in Devizes and Oxenwood Outdoor Education Centre. The Committee reviews all financial reports in advance of Board meetings and monitors the overall financial position of the Charity.

The Human Resources (HR) Committee is chaired by a Trustee and has responsibility for the development of HR policies and all Human Resources related governance issues. It also

3

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

considers Health & Safety matters. The Committee recognises that a strong well managed Human Resources function is central in supporting the staff team.

All Trustees play an important role in guiding the strategic development of the Charity, monitoring the operating environment and risk management, identifying growth opportunities, leading on policy development, deciding on future priorities and ensuring that the Charity is sustainable.

The Leadership Team comprises of the CEO, temporary Deputy CEO, and nine senior leaders. The specialist accountancy services is outsourced to Monahans. The Leadership team holds responsibility for implementing strategy, policy andcarrying out decisions of the Board, managing the assets of the Charity, strategic planning and development, advising Trustees on all matters pertaining to the effective running of the Charity, and for overall business management and development.

The staff team is organised into six teams (including Central Support) reflecting the strategic objectives of the Charity.

The Charity has five subsidiary companies, one of which, Community First Trading Ltd, undertakes insurance and bulk fuel agency work, generating a profit of £42,993 which was gift-aided to the Charity. The other four subsidiaries, Wiltshire Enterprises Ltd together with Wiltshire Community Jobs, SPLASH - Wiltshire and Youth Action Wiltshire (companies limited by guarantee) were dormant during the year as activities were undertaken directly by the Charity.

In addition to its Trustees, none of whom receive remuneration, the Charity benefits greatly from the active involvement of many volunteers who contribute their time and skills on subcommittees of the Board of Trustees, and as fundraisers and ambassadors of the Charity.

Pay policy for senior staff

The senior management team comprises of the Trustees and key management personnel of the charity who are in charge of directing and controlling, running and operating the charity on a day-to-day basis. As mentioned above, all trustees give their time freely and no trustee received remuneration during the year. Details of trustee expenses are disclosed in note 11 to the accounts. The pay of senior staff is reviewed regularly and adjusted based on the circumstances of the charity and any additional responsibilities undertaken.

Risks

Trustees, in conjunction with the Leadership team, have identified and reviewed the major risks to which the Charity might be exposed. They have designed a number of management and financial strategies which seek to mitigate the effects of such threats to Community First. . Risks are set out in the Business Plan and this plan is reviewed annually.

4

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

Responsibilities of the Members of the Board of Trustees

Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the Charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statements as to disclosure of information to auditors

So far as the Trustees are aware at the time the report is approved:

Objectives and Activities

Community First's Vision is Vibrant Communities, Brighter Futures with a mission to Connect Communities, Encourage Enterprise, Tackle Disadvantage and Inspire Innovate and Deliver Excellence.

Public benefit

The Charity's activities described above demonstrate the delivery of public benefit. The Trustees confirm that they have referred to the Charity Commission's general guidance when reviewing the Charity's objectives and activities.

Generation of funds - Fundraising and Publicity

Fundraising remains a crucial aspect for our sustainability with a target for the next 12 months, of £286,930 (up to March 2026). In 2024/25 we raised £586,151 against a target of £443,820

5

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

While we have a significant amount of unsecured income built into the restricted service budgets, the targets are pragmatic and realistic and operating costs can be cut sufficiently quickly if targets are not met.

Employees and volunteers

Community First is committed to providing equality and fairness for all in its employment and to not discriminate on the grounds of any protected characteristic as defined in the Equality Act 2010.

The Trustees would like to express their gratitude for the hard work, dedication and commitment of the excellent staff teams working in all parts of the Charity

Key Achievements

The organisation operates a hybrid model of working with a blend of office and home working.

Central Services and Strategic Development - Financially, the organisation remains in a healthy position with a consolidated income of £3,310,973 at the end of March 2024/25 and expenditure of £2,932,498. We ended the year with approximately £273,000 of free reserves which equates to 5.4 months of central running cost, which is within the reserves minimum level of 3 to 6 months – comfortably within the reserves policy.

The organisation continues to advocate for the VCSE sector within the Integrated Care System. We continue to represent the sector on the Integrated Care Alliance in Wiltshire (ICA), and we are part of the VCSE system wide alliance working closely with Wessex Community Action to coordinate and Chair the Wiltshire ‘Place’ based VCSE Leadership Alliance.

In the year ended 31 March 2025, we also renewed the five year lease of Unit C2 and welcomed four new Trustees.

Outdoor Education Centres – The Outdoor Education Centres finished the year with a combined accumulated deficit of £27,801 (after ignoring some one off adjustments to the way income is recognised). This is an area of operation which continues to require close financial control. Despite the challenges we have managed to sustain operations and extend our offer with approval as a provider of Alternative Provision within the education system and the award of the Adventure Activity License (AALA). 67 organisations visited the centre, with a total of 1,362 young people attending (excluding those on YAW programmes who attended). Community Development – We continued to engage and connect with communities including supporting the Integrated Care Board colleagues to deliver Neighbourhood Collaborative initiatives.

Voice It Hear It –included the completion of 12 projects and 39 recommendations were made to Wiltshire Council and the ICB as a result of consultation. 50 workshops and 1-2-1 sessions were held and 40,629 people were reached via comms channels. 21 organisational stakeholders engaged via consultation.

6

COMMUNITY FIRST

TRUSTEES' REPORT

For the year ended 31 March 2025

Local Councils Support – We continued to support the Local Councils network with 246 in membership as of March 31[st] 2025 compared to 228 Councils in March 2024. . We delivered 44 courses delivered to 247 participants . The service has a high satisfaction rate at 80%. 90 Individuals’ attended the annual conference.

Link schemes – We supported the 21 Community Transport groups and 42 Link Schemes in the county. The service has a high satisfaction rate at 90%. There were 1,494 active volunteers (down 6%) but 54,365 tasks were carried out (up 35%)

Village Halls and Community Buildings - We have continued to support Village Halls and Community Centres through the Wiltshire Village Halls Association offering support to access government grants and financial support and advice on interpreting safety guidance including webinars on a number of topics. The village halls service increased its membership to 189 members, We continued to deliver the Get Out Get Active Programme, in partnership with Wiltshire & Swindon Sports.

Minibus Driver Awareness Scheme (MIDAS) Training - MiDAS training generate an income of £19,756 . and achieved 99% satisfaction rate based on feedback from clients.

Community Grants and Landfill - The grants support we provide remain essential to building the fabric of communities. In 2024/2025 we awarded £545,276 in total. Hills £121,737, Crapper & Sons £367,684, Bradonstoke Solar Panel CBF £55,855

Building Bridges Employability Programmes - These programmes support young people and adults with significant barriers towards education and employment. We continued to deliver the UK Shared Prosperity Fund Programmes – one supported by Wiltshire Council for adults and young people in Wiltshire and a second supported by Swindon Borough Council for young people in need in Swindon. We also continued to deliver a third strand of funding through a National Lottery Reaching Communities Award to provide support to adults in Swindon.

The level of barriers & challenges to education and employment experienced by our participants has risen significantly over the last 18 months, with over 10% now needing formal safeguarding support

In Wiltshire, 142 adults and young people were supported, with the following achievements:

In Swindon 45 young people were supported, with the following achievements:

In Swindon 56 adults were supported, with the following achievements:

7

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

Overall, participants across all our employability programmes self-reported the following benefits to their health:

In addition, the participants also self-reported the following soft outcomes:

Youth Action Wiltshire

Splash - 319 referred young victims of crime accessed bespoke individualized Splash provision & an additional 153 young people facing challenges in their lives participated in Splash activities & support. 405 new referrals were received from the Horizon team for young victims of crime.

The pilot BeMindful project was co-created with young people & partners including schools, specialist counselling & group work delivery providers. Bespoke face-to-face provision began for young people referred to the project in June 2024 & concluded in March 2025.

8

COMMUNITY FIRST

TRUSTEES' REPORT

For the year ended 31 March 2025

Young Carers Support - Throughout the year a total of 241 support plans were coproduced with newly referred Young Carers & Young Adult Carers. We delivered 230 face-to-face Young Carers (YC’s) & Young Adult Carers (YAC’s) specific groups, including residential provision. Additionally, a total of 22 remote webinar group sessions were delivered.

In October 2024, we consulted with 47 YC’s & YAC’s on respite provision. The mean average rating given by YC’s & YAC’s completing the consultation for the quality of our current respite provision from 0 to 10 was 8.8.

451 individual YC’s & YAC’s accessed our internal specific face-to-face respite & breaks activities. With a mean average attendance of 4.5 face-to-face groups for each of these 451 YC’s & YAC’s.

15 Wiltshire Schools successfully completed the Local Young Carers Friendly Award programme.

Carers Together Wiltshire

In 2024/25 the partnership dealt 1,163 referrals

The Young Adult Carer Support Worker, Carers Together Wiltshire has:

Financial Review

The year’s income of £3,310,973 and expenditure of £2,932,498 represented a significant increase in activities from 2023/24 where income was £2,299,429 and expenditure was £2,322,407. The increase in activity represented a number of new projects in the year An analysis of incoming resources and resources expended is shown in the charts below:

9

COMMUNITY FIRST

TRUSTEES' REPORT

For the year ended 31 March 2025

----- Start of picture text -----
Income Resources £3,310,973
Donations and
membership, 5%
Other Funders, 26% Activities and
investment, 7%
Central Government,
17%
Landfill Tax Credits,
16%
Local Authorities,
29%
----- End of picture text -----

Resources Expended £2,932,498

----- Start of picture text -----
Grants Payable, 15%
Fundraising &
Trading, 3%
Strengthening
Communities, 16%
Tackling
Disadvantage, 65%
Encouraging
Enterprise, 1%
----- End of picture text -----

The overall results for the year was an increase in reserves of £378,475, compared to a reduction in funds of £22,978 in 2023/24.

10

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

Unrestricted free reserves (i.e. excluding designated funds) increased from £172,607 to £272,997.

The designated fund representing property and fixed assets is not freely available to spend and has been excluded from the calculation of free reserves. Similarly, the Strengthening Communities fund was created from a legacy and the Trustees feel a moral obligation to spend this gift on an identifiable project which would otherwise not have funding. Trustees identified the funds for use of the Oxenwood Developments. At the year end the Charity also benefited from £20,093 held in a Building Bridges employability redundancy reserve and £20,000 set aside to cover the costs of a new People Carrier which will be purchased in 2025/26.

The reserves policy agreed by Trustees is:

General or “free” reserves, defined as all unrestricted and undesignated funds readily available for spending are to be maintained at a level designed to protect the Charity’s work against risks relation to:

Reserves should cover 3-6 months of expenditure on central costs (around £44,000 per month) as well as central service redundancy costs (as 31 March 2025 this was around £36,000). Community First also owns assets that could be used if readily available finds were not enough to cover any large liabilities.

Designated funds are set aside by Trustees for particular purposes as described in note 17 of the financial statements. These finds include the book value of property and fixed assets in use of the Charity’s activities and the Strengthening Communities fund.

Plans for the Future

The key Strategic Priorities for the next financial year include:

Governance and Central Support

11

COMMUNITY FIRST

TRUSTEES' REPORT For the year ended 31 March 2025

Outdoor Education - Deliver high quality and professional Outdoor Education experiences at Oxenwood Outdoor Education Centre and Linkenholt, to help nurture health and happiness

Carers Together Wiltshire - Provide a comprehensive offer to Carers in Wiltshire, including Parent Carers

Youth Action Wiltshire - Young Carers - Provide quality support for Young Carers and Young Adult Carers

12

COMMUNITY FIRST

TRUSTEES' REPORT

For the year ended 31 March 2025

Youth Action Wiltshire – Splash - Support young victims of crime and young people facing challenges in their lives

Youth Clubs Support - Support voluntary youth clubs thrive

Community Development Programmes - Wiltshire Association Local Councils

Sustain a strong partnership with WALC

Community Led Housing - Promote sustainable and affordable housing in Wiltshire and Swindon

13

COMMUNITY FIRST

TRUSTEES' REPORT

For the year ended 31 March 2025

Link and Community Transport - Support Link Schemes and Community Minibus groups in Wiltshire and Swindon

Community Organising and Voice - Facilitate people’s voice and engagement

Village Halls - Grow our membership in the Wiltshire Village Halls Association

Landfill grants - Improving community assets through community grants

Building Bridges Employability Programmes - Deliver employability support programmes to help individuals overcome barriers and work towards their education and employment goals

In Wiltshire, we will support 115 disadvantaged adults and young people, with:

14

COMMUNITY FIRST

TRUSTEES' REPORT

For the year ended 31 March 2025

We will continue to provide employability and education support to people affected by homelessness and housing exclusion through our work with the Wiltshire Council Rough Sleeper Team.

In Swindon, we will support 48 disadvantaged adults, with:

Annual General Meeting

The Annual General Meeting of the members of Community First will be held on 8[th] October 2025

This report has been prepared having taken advantage of the Small Companies exemption in the Companies Act 2006.

By order of the Board of Trustees

James Moody Chair

29 July 2025

15

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FIRST

Opinion

We have audited the financial statements of Community First (‘the charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities (including Income and Expenditure Account), the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions related to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, including the trustees’ report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

16

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FIRST

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 4, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under Section 151 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

17

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FIRST

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

18

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FIRST

Due to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.

We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities.

This description forms part of our auditor’s report.

David Owen & Co is eligible for appointment as auditor of the charitable company by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

Use of our report

This report is made solely to the charitable company’s trustees, as a body, in accordance Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

David Owen & Co Statutory Auditors Chartered Accountants 17 Market Place Devizes Wiltshire SN10 1HT

Date:………………………………………………….

19

COMMUNITY FIRST (company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (including income & expenditure account) For the year ended 31 March 2025

Unrestricted
Funds
Note
2025
£
INCOMING RESOURCES
Income
2
275
3
145,480
1,359
4
225,236
5
38,343
Other incoming resources
2,826
413,519
RESOURCES EXPENDED
7
Fundraising and publicity
-
Commercial trading operations
73,964
Charitable activities
Community Development
277,157
Encouraging Enterprise
-
Tackling Disadvantage
11,248
362,369
51,150
Transfers between funds
72,088
123,238
RECONCILIATION OF FUNDS:
17
670,878
£
794,116
£
Donations and legacies
TOTAL INCOMING
RESOURCES
Trading activities
Membership and
affiliation fees
Charitable activities
Investment income
Gain on disposal of
fixed assets
TOTAL
RESOURCES
EXPENDED
NET INCOME /
(EXPENDITURE)
NET MOVEMENT
IN FUNDS
TOTAL FUNDS
BROUGHT
FORWARD
TOTAL FUNDS
CARRIED
FORWARD		 Unrestricted
Funds
2025
£
275
145,480
1,359
225,236
38,343
2,826		 Restricted
Funds
2025
£
156,996
101,551
7,179
2,628,112
2,101
-		 Endowment
Funds
2025
£
1,515
-
-
-
-
-		 Total
Funds
2025
£
158,786
247,031
8,538
2,853,348
40,444
2,826		 Total
Funds
2024
£
160,754
220,202
8,608
1,878,761
31,104
-
413,519 2,895,939 1,515 3,310,973 2,299,429
-
73,964
277,157
-
11,248		 5,953
-
197,328
470,719
1,894,614		 1,515
-
-
-
-		 7,468
73,964
474,485
470,719
1,905,862		 6,496
80,213
607,509
380,051
1,248,138
362,369 2,568,614 1,515 2,932,498 2,322,407
51,150
72,088		 327,325
(72,088)		 -
-		 378,475
-		 (22,978)
-
123,238 255,237 - 378,475 (22,978)
1,210,332
_£ _		 Nil
£		 1,881,210
_£ _		 1,904,188
_£ _
794,116
£ 		1,465,569
£ 		Nil
£		 2,259,685
£ 		1,881,210
_£ _

The notes on pages 24 to 40 form part of these financial statements

20

COMMUNITY FIRST (Company registration 01757334)

BALANCE SHEET As at For the year ended 31 March 2025

Notes
FIXED ASSETS
Tangible assets
12
Investments
13
Investment property
13
CURRENT ASSETS
Debtors
14
Cash at bank and in hand
CREDITORS: amounts
falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS
CURRENT LIABILITIES / NET
ASSETS
FUNDS
17
Restricted funds
Unrestricted funds:
Designated funds
General funds		 2025
2024
£
£
250,528
250,534
100
100
100,000
100,000
350,628
350,634
161,980
437,201
1,962,892
1,369,903
2,124,872
1,807,104
(215,815)
(276,528)
1,909,057
1,530,576
2,259,685
£
1,881,210
£
1,465,569
1,210,332
521,119
498,271
272,997
172,607
2,259,685
£
1,881,210
£
-
Consolidated		 2025
2024
£
£
250,528
250,534
200
200
100,000
100,000
350,728
350,734
214,120
472,826
1,831,214
1,281,477
2,045,334
1,754,303
(136,377)
(223,827)
1,908,957
1,530,476
2,259,685
£
1,881,210
£
1,465,569
1,210,332
521,119
498,271
272,997
172,607
2,259,685
£
1,881,210
£
-
Charity		 2025
2024
£
£
250,528
250,534
200
200
100,000
100,000
350,728
350,734
214,120
472,826
1,831,214
1,281,477
2,045,334
1,754,303
(136,377)
(223,827)
1,908,957
1,530,476
2,259,685
£
1,881,210
£
1,465,569
1,210,332
521,119
498,271
272,997
172,607
2,259,685
£
1,881,210
£
-
Charity
350,734
472,826
1,281,477
1,754,303
(223,827)
1,530,476
1,881,210
_£ _
1,210,332
498,271
172,607
1,881,210
_£ _
-

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025 although an audit has been carried out under section 144 of the Charities Act 2011. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts under the requirements of the Companies Act 2006.

The annexed notes form part of these financial statements

21

COMMUNITY FIRST (Company registration 01757334)

BALANCE SHEET As at For the year ended 31 March 2025

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. They were approved and authorised for issue by the Trustees on 29 July 2025.

JAMES MOODY, Chair PIERS DIBBEN, Trustee

The annexed notes form part of these financial statements

22

COMMUNITY FIRST

CONSOLIDATED STATEMENT OF CASH FLOWS For the year ended 31 March 2025

Note
Cash flow from operating activities (see below)
Cash flow from investing activities
Proceeds from the sale of property, fixtures and equipment
Purchase of fixed asset additions
12
Investment income received
5
Net cash used in investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents bought forward
Cash and cash equivalents carried forward
Surplus / (deficit) for the year
Depreciation charges
12
Loss / (Profit) on sale of fixed assets
6
Dividends, interest and rents from investments
5
Decrease / (increase) in debtors
14
Increase / (decrease) in creditors
15
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH		 2025
£
576,097
**£ **		 2024
£
(112,208)
£
5,200
(28,752)
40,444		 -
(24,000)
31,104
16,892
**£ **		 7,104
_£ _
592,989
1,369,903
1,962,892
**£ **		 (105,104)
1,475,007
1,369,903
_£ _
2025
£
378,475
26,384
(2,826)
(40,444)
275,221
(60,713)		 -
2024
£
(22,978)
23,553
-
(31,104)
(126,961)
45,282
576,097
**£ **		 (112,208)
£

23

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

1. ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year unless otherwise stated.

(a) Basis of accounting

The financial statements of the charity, which is a public benefit entity, have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Charities Act 2011. The accounts have been prepared under the historical cost convention, modified to include certain items at fair value and on a going concern basis. The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. The financial statements have been prepared in Sterling.

The financial statements have been consolidated to include the results of Community First Trading Ltd, a wholly owned subsidiary of Community First.

No separate Statement of Financial Activities or Income and Expenditure Account have been presented for the Charity alone as permitted by paragraph 408 of the Companies Act 2006.

(b) Fund accounting

General reserves are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of designated funds is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of the various restricted funds is set out in the notes to the financial statements. It is the Charity’s policy to transfer funds from general reserves to eliminate deficits incurred by services funded from restricted funds which will not be recoverable from future restricted income.

Endowment funds are restricted funds received for the specific purpose of establishing a donor advised fund with The Community Foundation to be invested where only the income generated can be expended to benefit Youth Action Wiltshire services. The funds have been invested with The Community Foundation’s other endowment funds.

24

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

(c) Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Donations are accounted for when received and related gift aid when receivable. Legacies are accounted for when received or when entitlement arises, it is reasonably certain they will be received and amounts can be measured with sufficient reliability.

Membership income is included in the Statement of Financial Activities in the year of receipt.

Grants receivable are recognised in full in the Statement of Financial Activities in the year to which they relate.

Income from government grants are recognised at fair value when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Rental income is included when receivable.

Trading income is included when receivable. This includes insurance administration fees, oil bulkbuying commission, and branding and design work.

(d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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.

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Support costs, which include management and administration costs incurred in the Charity’s office and governance costs, which are the costs associated with the governance arrangements of the Charity, have been allocated to the Charity’s activities based on office space occupied, time spent and resources managed.

Governance costs include those costs associated with meeting constitutional and statutory requirements of the charity and include the audit fees and costs linked with the strategic management of the charity.

25

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

Expenditure directly attributable to a specific activity category (e.g. charitable activities, governance costs) has been included in the relevant category. Where costs are attributable to more than one activity, they are apportioned across activities based on the time spent by staff on those activities and their use of shared resources.

(e) Tangible fixed assets

Tangible fixed assets with an individual cost of £1,000 or more are capitalised and included at cost or valuation.

Depreciation is not charged on freehold land. Depreciation on other tangible fixed assets is charged

(f) Investments

Investment properties are valued at market value. Fixed asset investments are valued at cost.

(g) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks and other short term liquid investments.

(h) Debtors and creditors receivable / payable

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

Creditors and provisions are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due can be measured or reliably estimated. Creditors and provisions are normally recognised at the settlement amount.

(i) Irrecoverable VAT

Due to partial exemption and the receipt, for VAT purposes, of non-business income, some VAT input tax is irrecoverable. This is allocated in the accounts as part of support cost.

(j) Financial Instruments

The charity has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of investments which are measured at fair value.

26

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

(k) Leases

Operating lease rentals are charged to the income and expenditure account as incurred.

(l) Pension schemes

A defined contribution scheme with Royal London (previously known as Scottish Life) is in place for staff who are not members of the Wiltshire Pension Fund and who wish to be members of and contribute to a pension scheme. All eligible staff were auto-enrolled into this scheme as from November 2014. The rate of employer contribution is 7.0%.

(m) Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

(n) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2. INCOME FROM DONATIONS AND LEGACIES

General donations
Legacies		 Unrestricted
Funds
2025
£
275
-
275
**£ **		 Restricted
Funds
2025
£
156,996
-
156,996
**£ **		 Endowment
Funds
2025
£
1,515
1,515
**£ **		 Total
Funds
2025
£
158,786
-
158,786
**£ **		 Total
Funds
2024
£
160,754
-
160,754
_£ _

27

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

3. INCOME FROM TRADING ACTIVITIES

Events
Expenses recovered
Other earned income
Insurance administration fees
Other miscellaneous income		 Unrestricted
Funds
2025
£
3,975
650
27,234
113,621
-
145,480
**£ **		 Restricted
Funds
2025
£
26,045
3,247
72,225
-
34
101,551
**£ **		 Total
Funds
2025
£
30,020
3,897
99,459
113,621
34
247,031
**£ **		 Total
Funds
2024
£
18,493
2,386
96,438
102,061
824
220,202
£

28

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

4. INCOME FROM CHARITABLE ACTIVITIES

Grants:
ACRE
Age UK Wiltshire
Blagrave Trust
DEFRA
Greensquare Housing
Melksham Town
Council
Primary Care Trusts
Underwood Trust
Wiltshire Council
Other small grants
Total grants
Fees:
Landfill Tax Credits
(redistributable grants)
Carers Support Wiltshire
Bradenstoke Solar Community Fund
Community Foundation
Community Transport Association
The National Lottery Community
Fund/ ESF
The National Lottery Community Fund
Department for Work and Pensions
Police & Crime Commissioner for
Wiltshire
Oxenwood and Linkenholt
Wiltshire and Swindon Sports CIC
Family Trusts and Various Small
Grants
Integrated Care Board (NHS BANES,
Swindon + Wiltshire)
Wiltshire Community Land Trust
Swindon Borough Council		 Unrestricted
Funds
2025
£
-
-
-
-
-
-
-
13,095
-
15,802
-
26,000
-
-
-
-
-
-
-
-
-
9,883
-
17,500
82,280
142,956
225,236
**£ **		 Restricted
Funds
2025
£
40,671
265,369
-
74,211
59,625
-
-
28,000
-
128,276
-
180,145
528,506
634
190,909
-
120,149
-
114,200
25,000
-
14,310
853,107
5,000
2,628,112
-
2,628,112
**£ **		 Total
Funds
2025
£
40,671
265,369
-
74,211
59,625
-
-
41,095
-
144,078
-
206,145
528,506
634
190,909
-
120,149
-
114,200
25,000
-
24,193
853,107
22,500
2,710,392
142,956
2,853,348
**£ **		 Total
Funds
2024
£
480
-
-
70,997
76,731
4,273
-
41,095
-
77,879
-
19,500
312,951
768
127,205
61,803
119,706
50,500
175,500
25,000
14,910
9,070
505,992
16,969
1,711,329
167,432
1,878,761
_£ _

29

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

5.
INCOME FROM INVESTMENTS
Unrestricted
Funds
2025
£
Bank interest
27,840
Rental Income
10,503
38,343
£
6.
NET INCOME / EXPENDITURE FOR THE YEAR
Net income / expenditure for the period includes
Depreciation
Professional indemnity insurance
(Profit) / loss on disposal of fixed assets
Fees payable to auditor
Audit work
Non - audit work
Non - audit work re subsidiary		 Restricted
Funds
2025
£
2,101
-
2,101
**£ **		 Total
Funds
2025
£
29,941
10,503
40,444
£
2025
£
26,384
2,817
2,826
15,250
3,629
888		 Total
Funds
2024
£
20,884
10,220
31,104
_£ _
2024
£
23,553
2,600
-
14,646
3,958
503

7. ANALYSIS OF EXPENDITURE

Cost of generating
funds
Fundraising costs
Trading Company
Charitable activities
Community
Development
Encouraging
Enterprise
Tackling Disadvantage		 Activities
directly
undertaken
2025
£
7,468
73,964
81,432
418,205
33,396
1,505,110
1,956,711
2,038,143
**£ **		 Grants
(see Note
8)
2025
£
-
-
-
-
437,299
5,838
443,137
443,137
**£ **		 Support
Costs
(see Note 9)
2025
£
-
-
-
56,280
24
394,914
451,218
451,218
**£ **		 Total
2025
£
7,468
73,964
81,432
474,485
470,719
1,905,862
2,851,066
2,932,498
**£ **		 Total
2024
£
6,496
80,213
86,709
607,509
380,051
1,248,138
2,235,698
2,322,407
_£ _

30

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

8. GRANTS PAYABLE

During the year the following institutional grants were made:-

Landfill Community Funds Grant

65 grants (2024: 48) were paid to assist community groups and voluntary organisations to improve their local environment:

All Saints Church Lydiard Millicent
Ashton Keynes Parish Council
Blunsdon Community Shop
Bradford on Avon Town Council
Calne Town Football Club
Chippenham Cricket Club
Codford Lawn Tennis
Collingbourne Kingston Parish Council
Cricklade Development Foundation
Dauntsey Parish Council
Langford Parish Hall
Maiden Bradley Memorial Hal
Marlborough Golf Club
Marlborough Tennis Club
Marshfield Cricket Club
Mere Town Council
Mount Pleasant Centre Ltd
Oaksey Playing Field Trust
Oaksey Village Hall
The RBW Shed
Royal Wootton Bassett Sports Association
Seend Tennis Club
Shrewton Cricket Club
Stratton St Margarets PC
Swindon Town FC
Tytherton Village Hall
Westbury & District Cricket Club
Wilts & Berks Canal Trust
Winsley Cricket Club
Wootton Bassett Memorial Hall
Yatton Keynell Recreation Association
Projects under £10,000		 2025
£
25,000
10,000
15,000
-
12,500
10,000
-
-
14,959
35,000
10,000
10,000
-
10,000
10,000
-
10,000
10,000
-
13,506
22,922
10,000
10,000
-
-
-
10,000
10,000
10,000
64,512
-
103,900
437,299
**£ **		 2024
£
-
-
-
10,000
24,054
-
10,000
10,000
14,746
-
-
-
30,326
-
-
10,000
-
-
10,000
-
16,202
-
-
10,000
30,000
30,000
-
-
-
-
10,000
135,053
350,381
_£ _

31

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

Link Good Neighbour Scheme Grants

4 grants (2024: 11) each of less than £10,000 were paid to provide transport and other services to local people in need.

Projects under £10,000
Total grants payable
9.
SUPPORT COSTS
Charitable
Activities
Governance
2025
2025
£
£
Staff costs
163,677
44,476
Premises costs
83,095
-
Depreciation
26,384
-
Other costs
69,698
63,888
342,854
£
108,364
£
10. STAFF NUMBERS AND COSTS
Wages and salaries
Social security costs
Pension costs - defined contribution scheme contributions
The average number of staff during the year was
Employees earning over £60,000
£70,001 - £80,000		 2025
£
5,838
£
443,137
£
Total
2025
£
208,153
83,095
26,384
133,586
451,218
£
2025
£
1,389,305
115,512
91,228
1,596,045
£
57
Number
1		 2024
£
8,547
_£ _
358,928
_£ _
Total
2024
£
240,055
50,623
23,553
141,655
455,886
_£ _
2024
£
1,081,480
91,270
85,781
1,258,531
_£ _
46
Number
1

32

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

11. TRUSTEES AND KEY MANAGEMENT PERSONNEL

During the year, none of the Trustees, received any remuneration (2024: Nil). No Trustee received reimbursed expenditure (2024: £Nil).

The key management personnel of the charity comprise the Trustees and the Leadership Team (as shown on page 1). The total employee benefits of the key management personnel of the Charity were £291,233 (2024 : £286,131).

12. TANGIBLE FIXED ASSETS - CONSOLIDATED AND CHARITY

Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
On disposals
At 31 March 2025
Net book value
At 1 April 2024
At 31 March 2025		 Freehold
Land &
Buildings
£
52,001
-
-
52,001
4,160
1,040
5,200
47,841
£
46,801
**£ **		 Leasehold
Land &
Buildings
£
197,448
-
-
197,448
38,173
3,949
-
42,122
159,275
£
155,326
**£ **		 Furniture &
Fixtures
£
75,977
-
-
75,977
74,847
1,046
-
75,893
1,130
£
84
**£ **		 Equipment
& Vehicles
£
140,967
28,752
(30,544)
139,175
98,679
20,349
(28,170)
90,858
42,288
£
48,317
**£ **		 Total
£
466,393
28,752
(30,544)
464,601
215,859
26,384
(28,170)
214,073
250,534
_£ _
250,528
**£ **

13. FIXED ASSETS INVESTMENTS

Share holding in:
Community First Trading Ltd
(company 08360063)
Wiltshire Enterprises Ltd
(company 01741853)		 2025
2024
£
£
100
100
-
-
100
£
100
£
Consolidated		 2025
2024
£
£
100
100
100
100
200
£
200
£
Charity		 2025
2024
£
£
100
100
100
100
200
£
200
£
Charity
200
_£ _

33

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

Community First holds unlisted investments, stated at cost, in two wholly-owned subsidiaries. Both companies are registered in England. Wiltshire Enterprises Ltd was dormant throughout the year. The wholly owned subsidiary, Community First Trading Limited, earns insurance commissions from the sale of insurance policies to Village Halls, Playing Fields and Parish Councils. It also receives subscriptions from a Bulk Oil Buying Scheme. It is the policy of the directors to pay over the whole of its profits each year to the Charity and its accounts have been consolidated in these financial statements. A summary of the trading results is shown below:

Turnover
Interest receivable
Total income
Cost of sales and administrative expenses
Profit in the year
Retained profit bought forward
Gifted to parent charity
The assets and liabilities of the company were
Debtors
Cash at bank and in hand
Creditors falling due within one year		 2025
£
118,767
347
119,114
(76,121)
42,993
-
(42,993)
Nil
£
403
131,682
(131,985)
100
**£ **		 2024
£
107,941
416
108,357
(80,213)
28,144
-
(28,144)
Nil
£
-
88,417
(88,317)
100
_£ _

As at 31 March 2025 Community First Trading Ltd had net assets of £100 and share capital of £100.

Valuation
As at 31 March 2024 and 31 March 2025		 Leasehold
Land &
Buildings
£
100,000
**£ **

The investment property was last professionally valued as at 31 March 2022. The valuation was carried out by Huw M Thomas MRICS on behalf of Huw Thomas Commercial. The market valuation was estimated having regard to the property's age, nature and type, the terms applicable to the existing lease, the terms applicable to the renewed lease and the current state of the commercial property market.

The investment property is currently leased at £10,220/annum on a five year lease with a three year break clause.

34

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

14.
**15. **		 DEBTORS
2025
2024
£
£
Due within one year
Trade debtors
141,825
415,519
Prepayments and accrued income
20,155
21,682
161,980
£
437,201
£
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
£
£
Trade creditors
111,578
70,188
Taxation and social security
7,628
33,023
Other creditors
1,471
10,057
Accruals and deferred income
95,138
163,260
215,815
£
276,528
£
Deferred income
Balance at 1 April 2024
Amount released to incoming resources
Amount deferred in the year
Balance as at 31 March 2025
Consolidated
Consolidated		 2025
2024
£
£
146,840
421,022
67,280
51,804
214,120
£
472,826
£
2025
2024
£
£
34,581
24,474
7,385
32,796
1,471
10,057
92,940
156,500
136,377
£
223,827
£
106,507
53,958
(106,507)
(53,958)
28,367
106,507
28,367
£
106,507
£
Charity
Charity		 2025
2024
£
£
146,840
421,022
67,280
51,804
214,120
£
472,826
£
2025
2024
£
£
34,581
24,474
7,385
32,796
1,471
10,057
92,940
156,500
136,377
£
223,827
£
106,507
53,958
(106,507)
(53,958)
28,367
106,507
28,367
£
106,507
£
Charity
Charity
223,827
_£ _
53,958
(53,958)
106,507
106,507
_£ _

35

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund Balances at 31 March 2025 represented by:

Consolidated
Tangible fixed assets
Investments
Current assets
Current liabilities
Charity
Tangible fixed assets
Investments
Current assets
Current liabilities		 Unrestricted
Funds
£
250,528
100,100
659,303
(215,815)
794,116
£
250,528
100,200
579,765
(136,377)
794,116
**£ **		 Restricted
Funds
£
-
-
1,465,569
-
1,465,569
£
-
-
1,465,569
-
1,465,569
**£ **		 Total
£
250,528
100,100
2,124,872
(215,815)
2,259,685
**£ **
250,528
100,200
2,045,334
(136,377)
2,259,685
**£ **

17. STATEMENT OF FUNDS

UNRESTRICTED FUNDS
Brought
Forward
£
GENERAL FUNDS
172,607
DESIGNATED FUNDS
Property and fixed
assets in use
350,534
Strengthening
Communities
147,737
Redundancy reserve
-
People carrier
-
498,271
670,878
**£ **		 Incoming
Resources
£
413,519
-
-
-
-
-
-
413,519
**£ **		 Transfers and
Resources
investment
Expended gains/(losses)
£
£
(322,153)
9,024
(26,384)
26,378
(13,832)
(3,407)
-
20,093
-
20,000
(40,216)
63,064
(362,369)
£
72,088
**£ **		 Carried
Forward
£
272,997
350,528
130,498
20,093
20,000
521,119
794,116
**£ **

"Properties and fixed assets in use" represents the asset value of properties owned by the group, separately shown from General Funds. The amounts include the net book value of properties purchased by the charity. The transfer in the year represents the value of assets purchased.

36

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

"Strengthening Communities" represents a legacy of £188,234 that was received in previous periods. The Trustees agreed to earmark these funds to be used for Strengthening Communities and therefore transferred them into a designated fund for that purpose. The Trustees are scoping potential capital work to the Oxenwood Outdoor Education Centre and have earmarked the funds to go towards this project.

"Future investment" represents funds that the Trustees have earmarked for investing in the Charity's infrastructure in the next financial period. This includes funds to cover the cost of some replacement vehicles and other capital and repair work to the Charity's outdoor education projects.

"People carrier" represents funds set aside for a new people carrier which the charity will purchase in 2025/26.

37

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

RESTRICTED FUNDS
Brought
Forward
£
Youth Action Wiltshire
Fundraised income
24,674
Community Development
Community
Development
36,409
Village Halls
9,896
Local Councils
-
YAW Club Programme
3,686
49,991
Encouraging Enterprise
Accelerate
20,614
Grants Programme
1,054
21,668
Tackling Disadvantage
Be Mindful
16,009
Carers Together
-
Rural Housing Enabler
Community Transport
14,157
Voice It, Hear It
9,386
Household fund
-
Link Schemes
23,415
Splash
42,324
YAW Young Carers
106,107
Building Bridges
151,150
362,548
Grants Payable
Business Grants &
Loan Fund
17,863
Landfill Communities
Fund
650,939
Link Grants Fund
82,649
751,451
1,210,332
**£ **		 Incoming
Resources
£
(8,796)
123,046
26,920
56,685
21,628
228,279
24,617
37,176
61,793
52,100
265,369
40,071
30,116
179,000
118,474
46,392
189,678
228,205
895,289
2,044,694
-
561,969
8,000
569,969
2,895,939
**£ **		 Transfers and
Resources
investment
Expended gains/(losses)
£
£
(5,953)
-
(80,328)
(4,287)
(15,039)
(505)
(50,059)
(1,567)
(15,590)
(598)
(161,016)
(6,957)
(17,757)
-
(36,310)
(1,230)
(54,067)
(1,230)
(66,758)
(1,351)
(236,756)
-
(44,798)
(1,230)
(22,002)
(362)
(157,909)
(3,369)
(111,800)
(6,674)
(35,926)
(505)
(202,334)
(4,683)
(250,228)
(5,576)
(754,062)
(40,151)
(1,882,573)
(63,901)
-
-
(452,964)
-
(12,041)
-
(465,005)
-
(2,568,614)
£
(72,088)
£		 Carried
Forward
£
9,925
74,840
21,272
5,059
9,126
110,297
27,474
690
28,164
-
28,613
(5,957)
21,909
27,108
-
33,376
24,985
78,508
252,226
460,768
17,863
759,944
78,608
856,415
1,465,569
**£ **

Youth Action Wiltshire

Tackles disadvantage and supports young people through difficulties, including SPLASH programmes which support young victims of crime, those struggling with challenges who may be out of education, employment and training (EET) and young carers who may have significant caring responsibilities for a family member. We also support a network of youth clubs across the county.

38

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

Community Development

Connects communities and includes a range of services which supports local communities and volunteers and brings people together to take action around their common concerns. Services include support to the Wiltshire Village Halls Association, The Wiltshire and Swindon Local Councils Network, (WALC), community organising and Voice, Community Led Housing through the partnership Homes of Our Own. Community First administrates the Landfill Communities Fund and the Wiltshire Community Transport Development Fund and other grant programmes to improve community facilities. We also support local community transport services and LINK schemes and volunteers.

Encouraging Enterprise

We support rural enterprise by offering grants to community groups and organisations, as well as providing training in relation to the Minibus Drivers Awareness Scheme.

Tackling Disadvantage

The Building Bridges Programme tackles disadvantage and is a partnership of organisations in Wiltshire and Swindon who are helping people overcome their barriers to employment and education. The programme is funded by The National Lottery Community Fund, Wiltshire Council and Swindon Borough Council.

ENDOWMENT FUNDS

The Charity has been fundraising to establish an endowment fund in relation to Youth Action Wiltshire. During the year £1,515 (2024: £1,240) was received and passed to the Wiltshire Community Foundation who hold the fund for the benefit of the Charity.

TRANSFERS

The transfers shown are attributable to money that can be allocated to future redundancy costs (£20,093), as well as other management charges allocated to restricted funds.

SUMMARY OF FUNDS
Designated Funds
General Funds
Restricted Funds		 Brought
Forward
£
498,271
172,607
670,878
1,210,332
1,881,210
**£ **		 Incoming
Resources
£
-
413,519
413,519
2,895,939
3,309,458
**£ **		 Transfers and
Resources
investment
Expended gains/(losses)
£
£
(40,216)
63,064
(322,153)
9,024
(362,369)
72,088
(2,568,614)
(72,088)
(2,930,983)
£
Nil
£		 Carried
Forward
£
521,119
272,997
794,116
1,465,569
2,259,685
**£ **

Transfers between funds represents adjustments to designated funding.

39

COMMUNITY FIRST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025

18. LEASE COMMITMENTS

The charity has financial commitments in respect of operating leases of office equipment. The total future minimum lease payments under non-cancellable operating leases are as follows:

Not later than one year 2025
£
991
991
**£ **		 2024
£
2,393
2,393
_£ _

19. PENSION COMMITMENTS

On 30 September 2019 Community First purchased Oxenwood Field Study Centre and the staff were TUPE'd across. These staff members were and remain members of the Wiltshire Pension Fund. Community First make employers contributions to this scheme. The pension came over as a new fund with no associated deficit. Wiltshire Council have agreed to act as guarantor and cover any future deficit arising on the fund and therefore no potential deficit on this fund is disclosed in these accounts. The cost of the employers contributions in the year was £12,301.

A defined contribution scheme with Royal London is in place for staff who are not members of the Wiltshire Pension Fund and who wish to be members of and contribute to a pension scheme. All eligible staff were auto-enrolled into this scheme as from 31 October 2014. The rate of employer contribution is 7.0%.

The cost of employers contributions in the year was £78,927.

There were no outstanding pension contributions at the balance sheet date (2024: £9,393 outstanding).

20. RELATED PARTIES

Various Trustees, officers and employees (and members of their families) of Community First have in their personal capacities, links with organisations which to some degree either fund or are funded by Community First. This is a large, diverse organisation reaching into the community and links are inevitable.

The Trustees monitor these links and the Charity maintains a register of declared interests in order to foster a policy of transparency. The Trustees strive to promote fairness and consider that no transactions have been influenced by interests other than the Charity's. Inspection of the register can be arranged by contacting the Charity.

21. CONTROLLING PARTY

The Trustees consider that the charity is jointly controlled by the Trustees and that there is no ultimate controlling party.

40

COMMUNITY FIRST

FINANCIAL SUPPORT AND OTHER CONTRIBUTIONS For the year ended 31 March 2025

The work of Community First has been made possible with financial support and contributions from the following groups and organisations:

Masonic Charitable Foundation Melksham Town Council Monahans NHS BANES OFGEM RHI OJM Advisory Limited Patrick & Janie Dear Pewsey Vale School Police & Crime Commissioner for Wiltshire & Swindon Radnor Charitable Trust Rotary Club of Bradford on Avon Salisbury Cathedral Salisbury City Community Lottery Sam Evans Architecture Savernake Teenagers Charity Skillset Learning St Mary’s School Stampede Sports Steppes Travel Ltd Susannah Dibben Flowers Sustain Wiltshire SVO (Calne) Ltd Southampton Water Activity Centre Swindon Borough Council Tall Ships Youth Trust The Beaufort Christmas Bazaar The Inchcape Foundation The Julia and Hans Rausing Trust The Julius Silman Charitable Trust The National Lottery Community Fund The Semma Fund The Stonehenge School The Underwood Trust The Young Carers Development Trust The Youth Adventure Trust The Vintage Entertainer Tom Hall Charitable Trust Trowbridge Guild of Community Service WASP Wiltshire Association of Local Councils Wiltshire Community Foundation Wiltshire Community Land Trust Ltd Wiltshire Council Wiltshire Music Connect Wiltshire Outdoor Learning Team Wiltshire Scrapstore & Resource Centre Wiltshire Wildlife Trust Walker Logistics Limited

AAFH UK Youth Age UK Wiltshire Accommodation Welfare Committee Monahans ACRE NHS BANES Active Plumbing Supplies (Malmesbury) Ltd NHS Wiltshire Amy Kent Interiors OFGEM RHI Animation Workshop AW Gale Community Trust BA ASA Ltd SW Bath Phil Creative Learning Team Bingham Kindergarten The Blagrave Trust Boleh Trust Bradenstoke Solar Community Fund Bradford on Avon Lions Bradford & Winsley Community Sports Association Skillset Learning Bradford on Avon Rotary Club St Mary’s School Brewster Maude Charitable Trust Stampede Sports Business Education Trust Caenhill Countryside Centre Chippenham Lions Sustain Wiltshire Corsham Town Council SVO (Calne) Ltd Crapper & Sons Landfill Ltd DEFRA Devizes Lions Dorothy House Hospice Care E&S Shops Ltd EAP Sells Trust Easy Fundraising English Heritage Flaxlands Farm Friends of Youth Action Wiltshire Greatwood Charity GW UK GUL Outdoor Therapy Hedley Foundation The Hugo Halkes Charitable Trust Henry C Hoare Charitable Trust Hills Waste Ltd WASP Honeypot Children's Charity Integrated Care Board JA Rendell Jack & Maddie Cookery School Team Wiltshire Council Jane James Associates JH King Charity Johnson Brothers Knight Frank LLP Marlborough College Magdalen Farm

41

COMMUNITY FIRST

FINANCIAL SUPPORT AND OTHER CONTRIBUTIONS For the year ended 31 March 2025

We would also like to acknowledge the support of all our partners.

The Charity has also benefited from the generous support of many individuals whose donations and gifts have enabled services to be maintained and expanded.

42