## **Ashley Green and District Community Association.**
## **For the year ended 31 March 2025.**
The Trustees present their report and financial statements for the year ended 31 March 2025.
## **Charitable Objectives**
The objectives of the Association, as set out in the Constitution dated 9 Jan 1985 are:
- To promote the benefit of the inhabitants of Ashley Green and District and the neighbourhood without distinction of sex or of political, religious or other opinions by association the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities, in the interests of social welfare, for recreation and leisure-time occupation, with the objective of improving the conditions of life for the said inhabitants.
- To establish or secure the establishment of a community centre and to maintain and manage, a centre for activities promoted by the Association and its constituent bodies in furtherance of the above objectives.
## **Major repairs and refurbishments**
We’ve spent nearly £18,000 on repairs and renovations this year. Half of this was spent on one major project which has been the renovation of the ladies toilets in the hall, work that has been long outstanding. They are now looking a great deal better.
We also had the hall floor stripped back, treated and repolished. This should protect it from future use and also make it easier to keep clean.
New toilets and basins have been installed in the Wykes room to provide facilities for both the children and adults from the home schooling group. This means that the group no longer needs to access the Old School to use the kitchen or toilets and this has freed up the building for use by other hirers.
We purchased new floodlights and sockets and also carried out some improvements to the hall car park.
## **Reserves**
The lettings for the Hall and Old School have been very busy and successful, raising an income of just over £43,000. The café on the Glebe has also had a successful year and provided the Association with a rental income of nearly £12,000. We ended the year with a net income of £2534.
The Trustees have considered the risks to which the Association is exposed and used. This year’s surplus has resulted in sufficient reserves now being retained to meet any repairs and maintenance or other expenditure likely to arise. Funds are held in risk free investments.
On behalf of the Trustees Geoff Cullingham Chair
2
## **Ashley Green and District Community Association (Charity Number 292478)**
## **Financial Statements for the Year ended 31 March 2025**
## **Receipts and Payments**
|**Receipts:**
Subs and donations
Lettings-
Memorial Hall
Old School
Total lettings
Rent from Café
Functions
Interest
Deposits held|**2024/2025**
**2023/2024**
**£**
**£**
1,941
2,018
27,097
23,137
16,069
18,621|
|---|---|
||43,166
41,758
11,999
10,345
14,892
18,271
702
499
1150
2900|
|**Total Receipts**|**73,850**
**75,791**|
|**Payments:**
Cost of services
Caretaking & cleaning
Administration (inc insurance)
Repairs & renewals
Functions
Good Neighbours'Group|15,674
10,608
5,348
6,305
15,080
14,185
22,470
31,051
10974
5180
1,770
1,770|
|**Total Payments**|**71,317**
**69,099**|
|**Net receipts**
Cash at bank and in hand at 1 April|**2,533**
**6,692**
61,306
54,614|
|**Cash at bank and in hand at 31 March**|**63,839**
**61,306**|
## **Statement of Assets and Liabilities**
||**31 March**|**2025**|**31 March 2024**|
|---|---|---|---|
||**£**||**£**|
|**Cash Funds**||||
|Cash in hand||273|224|
|Current Account||26,402|24,620|
|Instant Access Account||37,164|36,462|
|**Total Cash Funds**||**63,839**|**61,306**|
|**Liabilities:**||||
|Deposits held||10,724|9,574|
## **Independent inspection of Ashley Green and District Community Association Financial Statements and supporting documentation – 2024/25**
I confirm my formal approval of the Trustees Report and Financial Statements. In addition, I am providing this document summarising the inspection activity.
The following documentation was provided to me for inspection:
- Financial Statements for year
- Bank statements
- Bank Reconciliations
- Records of income and expenditure relating to lettings, events, deposits etc.
- Record of expenses and lodgements
- Cashbook + detailed supporting pages
Conclusions from the inspection are that the accounts are thoroughly and accurately recorded. Each of the items that I reviewed reconciled appropriately with the recorded documentation.
Details and observations arising from my review are summarised below:
## **CASH FUNDS**
Bank statements and cash book reconcile accurately with the statement of assets and liabilities.
## **REVIEW OF RECEIPTS**
I did not reconcile all of the individual receipts against the cash book, but I audited a number of higher value items. All items recorded appeared to be normal and expected transactions that would be incurred in the day to day operation of the community association.
**Sara Walsingham 15 June 2025**