REFFLEY COMMUNITY ASSOCIATION Finanaal Statements 31 March 2025
REFFLEY COMMUNITY ASSOCIATION Contents Page For the year ended 31 March 2025
| Business information | 3 |
|---|---|
| Accountants' report | 4 |
| Client Approval Certificate | 5 |
| Profit and loss | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 |
| Detailed profit and loss | 10 |
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REFFLEY COMMUNITY ASSOCIATION Business Information For the year ended 31 March 2025
Business Address Accountants
19 South Wootton Lane King's Lynn Norfolk PE30 3BS Welbourne & Co Ltd 16 Birch Grove Elm Wisbech PE14 0AP
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REFFLEY COMMUNITY ASSOCIATION Accountants' Report
For the year ended 31 March 2025
Independent Examiners Report
I report on the accounts of Reffley Community Association for the year ended 31 March 2025.
Responsibilities and basis of report
As the charitys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report to you on my examination of the accounts under section 145 of the Charities Act 2011. My examination has been carried out in accordance with the Charity Commissions guidance on independent examination.
Scope of the independent examination
An independent examination involves a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees where necessary.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiners statement
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011; and to prepare accounts which accord with those accounting records have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
....................................................
Welbourne & Co Ltd 16 Birch Grove Elm Wisbech PE14 0AP 26 January 2026
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REFFLEY COMMUNITY ASSOCIATION Client Approval Certificate For the year ended 31 March 2025
I approve these accounts and I confirm that all relevant records and information have been made available in their preparation.
....................................................
26 January 2026
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REFFLEY COMMUNITY ASSOCIATION Profit and Loss Account
For the year ended 31 March 2025
| Notes Turnover Gross profit Interest income Administrative expenses Net Profit/(Loss) |
2025 £ 65,053 65,053 862 (43,175) 22,740 |
2024 £ 54,165 |
|---|---|---|
| 54,165 823 (49,632) |
||
| 5,356 |
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REFFLEY COMMUNITY ASSOCIATION Balance Sheet
As at 31 March 2025
| Notes Fixed assets Tangible fixed assets 2 Current assets Debtors 3 Cash at bank and in hand Creditors: amount falling due within one year 4 Net current assets Total assets less current liabilities Net assets Capital Account Profit and Loss Reserves Net profit/loss Capital Reserves |
2025 £ 60,343 60,343 4,133 78,804 82,937 (8,730) 74,207 134,550 134,550 65,854 22,740 45,956 134,550 |
2024 £ 32,822 |
|---|---|---|
| 32,822 3,470 83,359 |
||
| 86,829 (7,841) |
||
| 78,988 | ||
| 111,810 | ||
| 111,810 | ||
| 60,498 5,356 45,956 |
||
| 111,810 |
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REFFLEY COMMUNITY ASSOCIATION Notes to the Financial Statements
For the year ended 31 March 2025
1. Accounting basis
Independent Examiner's Report
Independent Examiners Report
I report on the accounts of Reffley Community Association for the year ended 31 March 2025.
Responsibilities and basis of report
As the charitys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report to you on my examination of the accounts under section 145 of the Charities Act 2011. My examination has been carried out in accordance with the Charity Commissions guidance on independent examination.
Scope of the independent examination
An independent examination involves a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees where necessary.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiners statement
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011; and to prepare accounts which accord with those accounting records have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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REFFLEY COMMUNITY ASSOCIATION Notes to the Financial Statements
For the year ended 31 March 2025
2. Tangible fixed assets
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Cost At 01 April 2024 Additions Disposals At 31 March 2025 Depreciation At 01 April 2024 Charge for year On disposals At 31 March 2025 Net book values At 31 March 2025 At 31 March 2024 |
Land and Buildings £ 12,887 - - 12,887 - - - - 12,887 12,887 |
Plant and Machinery £ 9,860 26,975 - 36,835 - - - - 36,835 9,860 |
Fixtures and Fittings £ 4,080 - - 4,080 - - - - 4,080 4,080 |
Computer Equipment £ 5,995 546 - 6,541 - - - - 6,541 5,995 |
Total £ 32,822 27,521 - |
| 60,343 | |||||
| - - - |
|||||
| - | |||||
| 60,343 | |||||
| 32,822 |
3. Debtors: amounts falling due within one year
| Trade Debtors | 2025 £ 4,133 4,133 |
2024 £ 3,470 3,470 |
|---|---|---|
4. Creditors: amount falling due within one year
| PAYE & Social Security Deposits Other Creditors |
2025 £ 5 8,400 325 8,730 |
2024 £ - 7,515 326 7,841 |
|---|---|---|
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REFFLEY COMMUNITY ASSOCIATION Detailed Profit and Loss Account
For the year ended 31 March 2025
| Turnover Other Income Hall Hire Fund Raising Sales Discounts Commissions Received Grants Received Gross profit Interest income Interest Receivable and Other Income Administrative expenses Wages & Salaries Staff Gifts Accountancy Fees Rates & Water Rent Electricity Gas Property Insurance Cleaning of Premises Premises Maintenance Grounds Maintenance Waste Disposal Equipment Maintenance Motor Repairs and Servicing Bank Charges Advertising Computer Expenses Repairs & Renewals Office Stationery Telephone, Fax & Internet Sundry Expenses Donations Subscriptions Refreshments Event Overheads Net Profit/(Loss) |
862 | 2025 £ 319 54,290 1,924 - 520 8,000 65,053 65,053 862 (43,175) 22,740 |
823 | 2024 £ 165 51,432 2,677 (578) 469 - |
|---|---|---|---|---|
| 54,165 | ||||
| 54,165 823 (49,632) |
||||
| 17,545 182 1,277 1,018 20 3,105 2,047 1,157 1,261 496 5,378 461 1,595 15 154 56 1,176 3,826 204 478 342 - 492 39 851 |
18,755 240 810 1,070 20 2,445 1,148 1,247 1,459 4,347 1,754 411 669 968 498 162 1,178 8,111 237 413 333 100 190 210 2,857 |
|||
| 5,356 |
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REFFLEY COMMUNITY ASSOCIATION Detailed Profit and Loss Account For the year ended 31 March 2025 11 of11