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2025-03-31-accounts

King Edward Community Centre Association

Registered Charity No: 295123

Annual Report for the year April 2024 – March 2025

  1. Governance: The Trustees met as required by the constitution.

There were no governance issues raised during the year.

  1. Finance: Revenues have now settled into a regular stream after the

Covid lock-down and subsequent disruption. The Centre finances are based on these rental streams as the prime source of income. Additional income comes from ‘one-off’ room hire for special events or local community initiatives. Grounds Maintenance and Repairs continue to be high due to the nature of the building.

  1. Facilities: The buildings, being over 100 years old, require constant maintenance and repairs. However, buildings are kept in good condition. Fenland District Council Self-Insure their buildings. Therefore, we are obliged to maintain the building and cover all repairs and building work accordingly. Hence reserves are monitored by the Trustees at all times to cover reasonable risks that may be applicable to an older building. The Chatteris Museum continue to maintain a display cabinet in the foyer area of the Centre which benefits all parties.

  2. Staffing: The Centre employs an Accounts Manager, General Centre Manager, a Caretaker and a Cleaner. The Trustees constantly monitor the workloads and will adjust staffing and allocated hours as required.

Signed: Stephen Wright Chairman of Trustees 19 December 2025

KING EDWARD COMMUNITY CENTRE ASSOCIATION

STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2022

Registered Charity No. 295123

KING EDWARD COMMUNITY CENTRE ASSOCIATION

Year Ended 31st March 2022

INCOME AND EXPENDITURE ACCOUNT

2020/21
£
£
INCOME
Lettings
11,522.15
Grants and Donations
30,638.28
Newsletter
0.00
Feed-in Tariff
2,674.81
Bank Interest
614.35
Affiliation Fees
0.00
Credit Notes issued due to Covid-19
0.00
Other Income
497.35
45,946.94
EXPENDITURE
Wages
26,792.33
Gardener
0.00
Insurance
586.38
Cleaning and Refuse
3,409.09
Telephones
1,062.23
Business Rates
0.00
Heat, Light, Power & Water
9,702.56
Repair and Maintenance
9,203.07
Lettings
0.00
Administrative Expenses
554.91
Internal Auditor
0.00
Newsletter
0.00
Licences
267.00
Office Equipment
0.00
Other Expenditure
1,490.91
53,068.48
Surplus/Deficit(-) Income over Expenditure
-7,121.54
2021/22
£
£
44,805.35
19,445.76
0.00
0.00
0.00
0.00
0.00
64,251.11
35,785.23
3,163.49
607.88
4,552.80
784.66
227.38
9,584.29
11,265.06
200.00
1,520.24
100.00
0.00
1,250.06
0.00
1,042.22
70,083.31
-5,832.20
2021/22
£
£
44,805.35
19,445.76
0.00
0.00
0.00
0.00
0.00
64,251.11
35,785.23
3,163.49
607.88
4,552.80
784.66
227.38
9,584.29
11,265.06
200.00
1,520.24
100.00
0.00
1,250.06
0.00
1,042.22
70,083.31
-5,832.20
-5,832.20

KING EDWARD COMMUNITY CENTRE ASSOCIATION

BALANCE SHEET

Current Assets
Bank - Current Account
Bank - Virgin Money
Debtors
LESS
Current Liabilities
Covid Credit Notes
Creditors
Net Assets
Represented by:
Funds
Balance Brought Forward
Current Year Surplus/Deficit(-)
Total Funds
2020/21
£
£
95,994.52
0.00
0.00
95,994.52
0.00
2,420.83
2,420.83
93,573.69
100,695.23
-7,121.54
93,573.69
2021/22
£
£
82,797.16
0.00
6,496.13
89,293.29
0.00
791.14
791.14
88,502.15
93,573.69
-5,832.20
87,741.49
2021/22
£
£
82,797.16
0.00
6,496.13
89,293.29
0.00
791.14
791.14
88,502.15
93,573.69
-5,832.20
87,741.49
88,502.15
93,573.69
-5,832.20
87,741.49

Certificates

I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31st March 2022 and found them to be correct and in accordance with the vouchers, bank statements and explanations received.

A Papworth - Financial Officer On behalf of the Trustees

Mark Saunders

Date

KING EDWARD COMMUNITY CENTRE ASSOCIATION

STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2023

Registered Charity No. 295123

KING EDWARD COMMUNITY CENTRE ASSOCIATION

Year Ended 31st March 2023

INCOME AND EXPENDITURE ACCOUNT

INCOME
Lettings
Grants and Donations
Feed-in Tariff
Affiliation Fees
Centrepoint
EXPENDITURE
Wages
Grounds Maintenance
Insurance
Cleaning and Refuse
Telephones
Business Rates
Heat, Light, Power & Water
Repair and Maintenance
Administrative Expenses
Internal Auditor
Licences
Office Equipment
Centrepoint
Other Expenditure
Deficit(-)/Surplus(+) for year
2021/22
£
£
44,605.35
19,445.76
0.00
0.00
0.00
64,051.11
35,785.23
3,163.49
607.88
4,457.36
784.66
227.38
9,584.29
10,599.84
1,520.24
200.00
1,250.06
0.00
0.00
1,042.22
69,222.65
-5,171.54
2022/23
£
£
59,549.94
8,000.00
6,353.33
580.00
900.00
75,383.27
40,636.52
1,798.48
639.65
5,067.59
1,223.42
445.44
9,823.13
8,924.37
283.61
150.00
1,009.40
2,171.87
2,140.18
244.28
74,557.94
825.33
2022/23
£
£
59,549.94
8,000.00
6,353.33
580.00
900.00
75,383.27
40,636.52
1,798.48
639.65
5,067.59
1,223.42
445.44
9,823.13
8,924.37
283.61
150.00
1,009.40
2,171.87
2,140.18
244.28
74,557.94
825.33
825.33

KING EDWARD COMMUNITY CENTRE ASSOCIATION

BALANCE SHEET

2021/22 2022/23
£ £ £ £
Current Assets
Bank - Current Account 82,797.16 90,482.43
Debtors 6,496.13 1,227.88
89,293.29 91,710.31
LESS
Current Liabilities
Creditors 891.14 2,482.83
Net Assets 88,402.15 89,227.48
Represented by:
Funds
Balance Brought Forward 93,573.69 88,402.15
Current Year Deficit(-)/Surplus(+) -5,171.54 825.33
Total Funds 88,402.15 89,227.48

Certificates

I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31st March 2023 and found them to be correct and in accordance with the vouchers, bank statements and explanations received.

A Papworth - Financial Officer On behalf of the Trustees

Mark Saunders B.Sc (Hons)

Date: 24th April 2023

Date: 11th July 2023

KING EDWARD COMMUNITY CENTRE ASSOCIATION

STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2024

Registered Charity No. 295123

KING EDWARD COMMUNITY CENTRE ASSOCIATION

Year Ended 31st March 2024

INCOME AND EXPENDITURE ACCOUNT

INCOME
Lettings
Party Lettings
Grants and Donations
Feed-in Tariff
Affiliation Fees
Other
Centrepoint
EXPENDITURE
Wages
Grounds Maintenance
Insurance
Cleaning and Refuse
Telephones
Business Rates
Heat, Light, Power & Water
Repair and Maintenance
Administrative Expenses
Internal Auditor
Licences
Office Equipment
Staff Training
Centrepoint
Other Expenditure
Surplus(+)/Deficit(-) for year
2022/23
£
£
59,549.94
0.00
8,000.00
6,353.33
580.00
0.00
900.00
75,383.27
40,636.52
1,798.48
639.65
5,067.59
1,223.42
445.44
9,823.13
8,924.37
283.61
150.00
1,009.40
2,171.87
0.00
2,140.18
244.28
74,557.94
825.33
2023/24
£
£
56,933.78
2,700.00
10,000.00
1,355.90
805.00
15.00
0.00
71,809.68
43,697.67
572.99
691.70
5,047.40
1,394.84
195.93
8,783.12
17,487.43
673.44
200.00
1,205.50
0.00
70.00
623.15
189.93
80,833.10
-9,023.42
2023/24
£
£
56,933.78
2,700.00
10,000.00
1,355.90
805.00
15.00
0.00
71,809.68
43,697.67
572.99
691.70
5,047.40
1,394.84
195.93
8,783.12
17,487.43
673.44
200.00
1,205.50
0.00
70.00
623.15
189.93
80,833.10
-9,023.42
-9,023.42

KING EDWARD COMMUNITY CENTRE ASSOCIATION

BALANCE SHEET

2022/23 2023/24
£ £ £ £
Current Assets
Bank - Current Account 90,482.43 72,767.53
Debtors 1,227.88 8,042.23
91,710.31 80,809.76
LESS
Current Liabilities
Creditors 2,482.83 605.70
Net Assets 89,227.48 80,204.06
Represented by:
Funds
Balance Brought Forward 88,402.15 89,227.48
Current Year Surplus(+)/Deficit(-) 825.33 -9,023.42
Total Funds 89,227.48 80,204.06

Certificates

I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31st March 2024 and found them to be correct and in accordance with the vouchers, bank statements and explanations received.

A Papworth - Financial Officer On behalf of the Trustees

Mark Saunders B.Sc (Hons)

Date: 26th April 2024

Date: 21st June 2024

KING EDWARD COMMUNITY CENTRE ASSOCIATION

STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2025

Registered Charity No. 295123

KING EDWARD COMMUNITY CENTRE ASSOCIATION

Year Ended 31st March 2025

INCOME AND EXPENDITURE ACCOUNT

INCOME
Lettings
Party Lettings
Grants and Donations
Feed-in Tariff
Affiliation Fees
Other
Centrepoint
EXPENDITURE
Wages
Grounds Maintenance
Insurance
Cleaning and Refuse
Telephones
Business Rates
Heat, Light, Power & Water
Repair and Maintenance
Administrative Expenses
Internal Auditor
Licences
Office Equipment
Staff Training
Centrepoint
Other Expenditure
Surplus(+)/Deficit(-) for year
2023/24
£
£
56,933.78
2,700.00
10,000.00
1,355.90
805.00
15.00
0.00
71,809.68
43,697.67
572.99
691.70
5,047.40
1,394.84
195.93
8,783.12
17,487.43
673.44
200.00
1,205.50
0.00
70.00
623.15
189.93
80,833.10
-9,023.42
2024/25
£
£
61,327.34
1,930.00
12,460.00
4,162.43
935.00
318.50
0.00
81,133.27
46,987.98
2,469.40
724.91
4,836.71
1,335.82
250.71
10,380.05
10,214.02
240.10
300.00
1,002.55
249.76
0.00
0.00
356.49
79,348.50
1,784.77
2024/25
£
£
61,327.34
1,930.00
12,460.00
4,162.43
935.00
318.50
0.00
81,133.27
46,987.98
2,469.40
724.91
4,836.71
1,335.82
250.71
10,380.05
10,214.02
240.10
300.00
1,002.55
249.76
0.00
0.00
356.49
79,348.50
1,784.77
1,784.77

KING EDWARD COMMUNITY CENTRE ASSOCIATION

BALANCE SHEET

2023/24 2024/25
£ £ £ £
Current Assets
Bank - Current Account 72,767.53 81,061.27
Debtors 8,042.23 2,129.25
80,809.76 83,190.52
LESS
Current Liabilities
Creditors 605.70 1,201.69
Net Assets 80,204.06 81,988.83
Represented by:
Funds
Balance Brought Forward 89,227.48 80,204.06
Current Year Surplus(+)/Deficit(-) -9,023.42 1,784.77
Total Funds 80,204.06 81,988.83

Certificates

I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31st March 2025 and found them to be correct and in accordance with the vouchers, bank statements and explanations received.

A Papworth - Financial Officer On behalf of the Trustees

Mark Saunders B.Sc (Hons)

Date: 20/07/25

Date: 25th September 2025

KING EDWARD COMMUNITY CENTRE ASSOCIATION

STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2025

Registered Charity No. 295123

KING EDWARD COMMUNITY CENTRE ASSOCIATION

Year Ended 31st March 2025

INCOME AND EXPENDITURE ACCOUNT

INCOME
Lettings
Party Lettings
Grants and Donations
Feed-in Tariff
Affiliation Fees
Other
Centrepoint
EXPENDITURE
Wages
Grounds Maintenance
Insurance
Cleaning and Refuse
Telephones
Business Rates
Heat, Light, Power & Water
Repair and Maintenance
Administrative Expenses
Internal Auditor
Licences
Office Equipment
Staff Training
Centrepoint
Other Expenditure
Surplus(+)/Deficit(-) for
year
2023/24
£
£
56,933.78
2,700.00
10,000.00
1,355.90
805.00
15.00
0.00
71,809.68
43,697.67
572.99
691.70
5,047.40
1,394.84
195.93
8,783.12
17,487.43
673.44
200.00
1,205.50
0.00
70.00
623.15
189.93
80,833.10
-9,023.42
2024/25
£
£
61,327.34
1,930.00
12,460.00
4,162.43
935.00
318.50
0.00
81,133.27
46,987.98
2,469.40
724.91
4,836.71
1,335.82
250.71
10,380.05
10,214.02
240.10
300.00
1,002.55
249.76
0.00
0.00
356.49
79,348.50
1,784.77
Variance
£
4,393.56
-770.00
2,460.00
2,806.53
130.00
303.50
0.00
9,323.59
3,290.31
1,896.41
33.21
-210.69
-59.02
54.78
1,596.93
-7,273.41
-433.34
100.00
-202.95
249.76
-70.00
-623.15
166.56
-1,484.60
10,808.19

KING EDWARD COMMUNITY CENTRE ASSOCIATION

BALANCE SHEET

2023/24 2024/25
£ £ £ £
Current Assets
Bank - Current Account 72,767.53 81,061.27
Debtors 8,042.23 2,129.25
80,809.76 83,190.52
LESS
Current Liabilities
Creditors 605.70 1,201.69
Net Assets 80,204.06 81,988.83
Represented by:
Funds
Balance Brought Forward 89,227.48 80,204.06
Current Year
Surplus(+)/Deficit(-) -9,023.42 1,784.77
Total Funds 80,204.06 81,988.83

Certificates

I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31st March 2025 and found them to be correct and in accordance with the vouchers, bank statements and explanations received.

A Papworth - Financial Officer Mark Saunders B.Sc (Hons) On behalf of the Trustees a M Saunders Date: 20/07/25

Date: 25th September 2025