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2025-08-31-accounts

Registration Charity Number 292789

THE SOUTH MIDLANDS AREA OF NAFAS

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

THE SOUTH MIDLANDS AREA OF NAFAS

FOR THE YEAR ENDED 31 AUGUST 2025

CONTENTS
Page
Legal and Administrative Information 3
Report of the Management Committee 4
Independent Examiner’s Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 10

Page 3

THE SOUTH MIDLANDS AREA OF NAFAS

LEGAL AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2025

Charity Number 292789

Management Committee

Ruth Mahon

Katherine Lines Jo Davies Sarah Morgan

Ruth Mahon

Chairman 1[st] Vice Chairman 2[nd] Vice Chairman Treasurer Secretary Projects Media JDS & E Chairman The Flower Arranger Trading Newsletter Editor

Independent Examiner

Mr C Thomas Little Pinley Farm Manor Lane Claverdon Warwick CV35 8NH

Bankers

Lloyds TSB Solihull West Midlands

Page 4

THE SOUTH MIDLANDS AREA OF NAFAS

REPORT OF THE MANAGEMENT COMMITTEE

FOR THE YEAR ENDED 31 AUGUST 2025

The Management Committee present their Report together with the independently examined financial accounts for the year ended 31 August 2025.

Principal Activity

Principal activity of the Association is to advance public education in the art of flower arranging and related subjects and to further any other charitable purpose or purposes.

Business Review

The year to 31 August 2025 shows a profit of £4812 compared to a profit in the previous year of £2935 as shown on page 6.

The Association is dependent on the individual flower clubs to provide the income of the Charity either through annual affiliation fees or the support of events organised by the Management Committee and the purchase of various publications and other articles sold by the Association. The Association’s Balance Sheet, as detailed on page 6, shows unrestricted funds amounting to £ which is more than satisfactory.

Signed on behalf of the Management Committee by:

Vice Chairman

Date:

Page 5

THE SOUTH MIDLANDS AREA OF NAFAS

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE SOUTH MIDLANDS AREA OF NAFAS

FOR THE YEAR ENDED 31 AUGUST 2025

I report to the Trustees on my examination of the accounts of The South Midlands Area of NAFAS for the year ended 31 August 2024, which are set out on pages 6 to 7.

Responsibilities and basis of Report

As the Charity Trustees of The South Midlands Area of NAFAS you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination The South Midlands Area of NAFAS accounts carried out under Section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent Examiner’s Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity, as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a “true and fair view”, which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this Report in order to enable a proper understanding of the accounts to be reached.

Mr C Thomas FCA

Date:

Page 6

THE SOUTH MIDLANDS AREA OF NAFAS

STATEMENT OF FINANCIAL ACTIVITES

FOR THE YEAR ENDED 31 AUGUST 2025

Incoming Resources
Affiliation Fees
Sale (publications, etc)
Income from Events
Other Income
Total Incoming Resources
Expended Resources
Direct Charitable Expenditure
Fundraising and Publicity (events)
Management and Administration
Total Expended Resources
Net Incoming Resources for the year
Reserves brought forward at 31.08.2024
Reserves carried forward at 31.08.2025
2025
£
14389
6217
10309
2534
33449
16614
5542
6481
28637
4812
42273
47085
2024
£
15,040
7,019
10,558
2,069
34,686
19,013
6,947
5,791
31,751
2,935
39338
42273

Page 7

THE SOUTH MIDLANDS AREA OF NAFAS

BALANCE SHEET

FOR THE YEAR ENDED 31 AUGUST 2025

Current assets
Stock
Prepaid expenses:
Rent (Dunchurch & Balsall Common)
NAFAS course
AGM 25 Deposit
Area Show
Lloyds TSB Business Account
Lloyds TSB Current Account
Lloyds TSB Trading Account
Lloyds TSB JDS&E Account
Lloyds TSB Flower Arranger Account
Scottish Widows Bond
Cash in hand (Treasurer & Trading)
Current Liabilities
Examiner’s fee payable
Purchases for sales table
Funds received in advance:
Examiners fee
Area show entries
Affiliation fees in advance
Prepaid for Training 2026 & Xmas W’shop
The Flower Arranger
Total Net Assets
Unrestricted Funds
Balance brought forward
Income for the year
Total Unrestricted Funds
2025
2024
£
£
£
£
300
300
954
256
-
-
250
100
-
546
4158
4,120
11517
8,572
1150
1,180
5707
4,998
2780
4,322
23560
22,455
439
89
50815
46,938
-
100
-
-
100
-
-
65
-
310
2230
25
1400
3,000
3730
4,665
47085
42,273
42273
39,338
4812
2,935
47085
42,273

Chairman _______

Date:

Registered Charity Number 292789

Page 8

THE SOUTH MIDLANDS AREA OF NAFAS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Basis of Accounting

These financial statements have been prepared in accordance with the relevant accounting standards and under historical cost convention. The statements comply with the Charities SORP (Statement of Recommended Practice).

2. Accounting Policies

Incoming Resources

All incoming resources are unrestricted funds, that is, funds available for charitable purposes within the objectives of the Charity. Income is credited on the Statement of Financial Activities in the year to which it relates.

Resources Expended

Expenditure is allocated on the Statement of Financial Activities between direct charitable expenditure, fundraising and publicity, and management and administrative costs.

Page 9

THE SOUTH MIDLANDS AREA OF NAFAS

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31 AUGUST 2025

3. Incoming Resources

3.
Incoming Resources
Affiliation Fees
NAFAS
South Midlands Area
Sales (Publications, etc)
Flower Arranger
Trading
Income From Events
JDS&E
AGM 2024
Area Show
Members Day
Xmas Workshop 2024
Other Income and Interest
Bank interest and compensation
Sale of statue
Sales table
Area Book
Advertising income
Total Income
£
10792
3597
2025
£
14389
6217

10309
2534
33449
2024
£
£
11,280
3,760
15,040
5,401
1,618
7,019
4,781
2,363
-
3,414
-
10,558
1,683
-
149
113
124
2,069
34,686
4925
1292
612
2510
1560
5325
302
1143
1000
379
12

Page 10

THE SOUTH MIDLANDS AREA OF NAFAS

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31 AUGUST 2025

4.
Expended Resources
Direct Charitable Expenditure
Affiliation Fees to NAFAS
Flower Arranger (Publication)
Trading
NAFAS course (Education)
Fundraising (events)
JDS&E
Gardeners World Live
Members Day
Area show
Management and Administration
Rents/Hire of Halls
Travel Expenses
Zoom Expenses
Annual General Meeting
Print, Post & Stationery
NEC Craft Show
Examiner’s Fee
Bank charges
Other
Insurance
Website
Demonstrators Training
Malvern Show entry
Chelsea Elimination competition
New drapes
Sound system
Chairman Expenses
Committee Members Day
Total Expended Resources
£
10792
4637
1185
-
2025
£
16614
5542
6481
28637
2024
£
£
11,280
4,910
1,559
1,264
19,013
3,301
-321
3,967
-
6,947
1,136
166
88
2,117
154
-
100
79
169
140
191
-
511
343
106
341
-
150
5,791
31,751

-
-
4420
1122
1229
100
88
2414
-
451
100
2
-
170
216
97
-
497
-
-
822
295