MARLOW COMMUNITY ASSOCIATION Charity number 300301 TRUSTEES ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025
MARLOW COMMUNrrY ASSOCIATION Trustees Annual Report for the year ended 3tst December 2025 Name of Charlty Marfow Community ASlatIOn Registered Nurnber 300301 Legal Form: Unincorporated Charitable Trtt Governlng Drnent The Constitution was adopted on 13th May 1967, amended at a Speaal General Meeting on Thursday 17th February 21XM) to brir8 it into line wlth new requirements and arnended again on 21st March 2013. Address: Liston Hall, Chapel Street. Marlow. Buckingharnshire, SL7 IDD Trustees: Charity Trustees were all members of the General Council during the year ended 31st Dember 2025. A list of the trustees Is held in the MCA Offlce. Method of Appointment: l. Members of the Executive Committee 2. One Trustee 15 nominated by each Section and Affiliated organisation 3. Ordinary members rnay be appointed as Trustees at the AGM up to an equivalent number nominated In 2 above. Holdlng Trustees: Mr G Flettand Mr R Wilson Offlcers: Chairman Honorary Secretary Honorary Treasurer Mr Richard Scott Mrs Ann Savell Mrs Laura Hobson Bankers: Lloyds Bank plc Charities Official Investment Fund {COIFI. One Angel Lane. London. EC4R 3AB Independent Exarnlner. Mr Roger Smith FCA 6 Beaufort Close, Marlow. SL7 IEN Objects. The Objects of the Association are: l. To promote the benefit of the inhabitants of Marlow and the neighbourhood {hereinafter call the 'area of benefit'l without distinction of sex. sexual orientation. race or of political. religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations 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 object of improving the conditions of life for the said inhabitants. 2. To maintain and manage a Community Centre in furtheran of these objects. 3. To promote such other charitable purposes as may from time to time be determined.
MARLOW COMMUNITY ASSOCIATION Trustees Report on the Finandal Activities of the Assodatlon: In accordance with the adopted accounting policy, the independently examined Statement of Financial activities and Balance Sheet of the Association forthe year ended 31st December 2025 are included with this report. The Trustees would like to acknowledge all those who helped the Association achieve an excellent financial result. Our bookings provided a solid increase in lettin8 revenue when compared to the previous year. The Statement of Flnanclal Activities for the Association shows a surplus of É12.347 for the year 12024 surplus £7.7441. In line with our accounting policy, we continue to depreciate our assets on a straight-line basis and depreciation of £8,01912024 £6.0501 has been charged in arriving at this yearfs surplus. This figure has Increased due to additions to our assets of £17,059. Income from lettings was slightly below the previous year at £53,705 (2024 £53,974). The Section5 and Affiliated charities, organisations and other community groups still enjoy advantageous rates: in 2025 it is estimated that they received a charitable benefit of approximately £38,8QKI12024 £38,290} in reduced charges when compared to our commercial rates. Letting charges are reviewed annually and from 1st January 2025, they increased by a rate broadly in line with the rate of inflation. A similar increase was applied from l January 2026. At the end of the financial year. the Association has five Sections- Bridge Club, Dog Training, Parents and Toddlers, Cameo Lunch Club and Friday Lunch Club and the results of their activities are consolidated in these accounts. They recorded a surplus of £15812024 surplus £8011. Since the year end. we have been advised that after 40 years, the Bridge Club has ceased to operate. We are sad to lose one of our Sections, but thank them for transferring their surplus funds totalling £560 to the Association. Our Carnival was held in Septemberand thanks to the hard work of our Carnival committee, a surplus of £3,24012024 £2.4721 was achieved. Over the years. the Carnival committee has been led by excellent chairmen. Unfortunately. we have been unable to find a person to carry on with this key role, so it is unlikely that the Association will be hosting the Carnival in 2026. The Executive Committee is seekin8 to find ahemative hosts. No chan8es have been made to the investment strate8y during this financial year. Routine maintenance costs In 2025 amounted to £7,437 {2024 £12,409) which included several one-off items as we maintain all our letting rooms in very good condition. The cost of new external fire doors at £14,566 has been capitalised. Other costs remained broadly in line with our budget. Our Balance Sheet remains strong with £24,459 (2024 É23.4571 in the COIF deposit account and £40,14112024 £25.7091 in our unrestricted current accounts. Since the year end, we have expended £10,925 of that cash on the new extemal fire doors. The Executive Committee keeps the cash position under regular review and 15 confident that the cash position is sufficient to cover normal operating costs for the next twelve months. At the year-end, we had reserves of £226,432 {2024 £214,085), which included £34,192 {2024 £34,034) in restricted income funds. The General Maintenance Reserrfe standing at £4,(NX)12024 £4,OCrf)l is included in the restrirted income funds.
MARLOW COMMUNITY ASSOCIATION Thank you to all those who asslst with the day to day running of the Association, help with the Settions and support our fund-raising activities. Our thanks go also to members of the Executive Committee, who meet at least six times each year; Cindy Gillies who runs our administration office with outstanding efficiency and to her husband Donald who. as cleaner and handyman. together keep Liston Hall in good order. We continue to maintain the high quality of our letting rooms and they are equal to any other rooms available for hire in the town. Trustees Responslblllties The Trustee5 are required to prepare a Financial Statement for each financial year, which give true and fair view of the state of affairs of the charity and of the surplus or deficit for that period. In preparing this Financial Statement the Trustees are required to: l. Select suitable accountin8 policies and then apply them consistently. 2. Make judgments and estimates that are reasonable and prudent. 3. State whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the Financial Statement. 4. Prepare the Financial Statements on an ongoing basis unless it Is inappropriate. The Trustees are responsible for keeping proper accounting records. which disclose with reasonable accuracy at any time the financial position of the Trust, safe8uarding the Charity's assets and for takin8 reasonable steps for the prevention and detertion of fraud and other irre8ularities. An Independent Examiner examines the annual report and accounts and has issued an unqualified rewt. The Trustees (the General Council) met three times in the last year. The Trustees Ann General Meeti port and Accounts wlll be presented to the General Councll at Its Annual held on 25 March 2026. tob Richard Scott Honorary Chairman and Trustee 11 March 2026
Marlow Community Association Re8lstered Charity No. 300301 Statement of Flnanclal Activities For the year to 31st December 2025 Prlor year fvnds funds Income fvnds Total funds Incomlng resources (Note 31 Income from: Lettings Income from Sections actbvities Fund raiyng artivities Donations Investments Membership subscriptions Other Totsl 53.705 8,099 6.042 53.705 17,555 6.042 53,974 17,120 6,199 717 792 512 9.456 1,003 5LK) 37 69.386 I,C#)3 37 9.456 78,842 79.314 Resources expend¢d (Note 4) Expendlture on: Raising funds Charitable activities Costs of Section activities Other Total 2.530 54.667 2,530 54,667 9,298 3,478 59,545 8,547 9,298 57,197 9,298 66,495 71,570 Net Incomellexpendlture) before Investment 8alnslllosses) Transfers between funds Net movèment In lunds 12.189 158 12,347 7.744 12.189 158 12,347 7,744 Reconciliation ol lunds: Total funds brought forward Total lunds carrled fobi¥ard 180.051 192,240 34.034 34,192 214,085 226.432 206,341 214,085
Marlow Community Association RegISt•r Charity No. 3Th)301 Balance Sheet As at 31st December 2025 Totsl thts funds lrtomefvnds y*r Totsl last Fixed assets Tanglble assets Investments (Nots 61 (Note 7) Totsl frn 147,869 147A69 138,829 24.459 17 24,459 172,328 23,457 162,286 Debtors (Note 81 Cash at bank and In hand (Notes 9 & 101 Totsl current 2,196 2,196 2.939 40,220 42,416 34.192 4,192 74,412 76.608 59.823 62,762 Credttor5: amounts tsllln8 due wlthln one (Note 111 22,504 22,504 10,963 Net curTert assetsllllabllldes 19,91 54,104 51.799 Total asséts less current Ilabllllles 192.2 ,432 214,085 Funds of the Charlty Restrfrted In¢ome fvnds (Note 12) Unrestrlrted funds Re¥aluatlon reser¥e 34,192 34,192 192,240 34.034 180,051 192.240 Totsl lu 192.240 34.192 226,432 214,085 Signed by the treaSUr, a trustee on behalf of all the trustees Date of approval laura Hobson
Marlow Community Association Reglstered crity No. 3(M)301 Notes to the accounts for the year to 31st December 2025 Ni>te I: Basis of preparation 1.1 Basls of accountlng. The accounts have been prepared on the ba515 of historlcal cost in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities and in accordance with the Financial Reporting Standard applicable in the UK IFRS 1021 issued on 16th July 2014 and wtth the Charitles Act 2011. 1.2 Golng concern. The accounts a prepared on a going concern basis: there being no material uncertainties that cast doubt on the charity's ability to continue a5 0 going concern. 1.3 Change of accountlng pollcy. The attounts present a true and fair view using the accounting policies adopted and outlined in note 2. 1.4 Changes to accountlng estlmate5. There has been no change to accounting estimates in the reporting year. Note 2.. Accountlng pollcles 2.1 In¢ome: Recognltlon of Income. Income Is Included in the Statement of Financial Activities when the charity becomes entitled to the resources. when the trustees are virtually certaln they will receive the resources and when the monetsry value can be measured with 5ufficlent reliablllty. Offsettlng. There has been no offsettin8 of assets and liabilities. or income and expenditure In the accounts. 2.2 Expenditure and Liabilitles: Llablllty recoznltlon. Liabilities are recognised when It Is more likely than not that there Is a legal or constructive obligation to pay out SOUrceS and the amount of the obligation can be measured with reasonable certainty. Admlnlslyation and governarKe costs. Includes all costs invofving the public accountability of the chority and its tompliance with re8ulation and good prartice, and the legal. accounting and administrative costs of trustees in the furtherance of their duties. 2.3 A55ets: Tangible fixed assets. Freehold land and buildings are valued at cost plus rebuilding and other major additions. Fixtures and fittings are capitslised if they can be used for more than one year and normally cost more than £100. They a valued at cost and are written off over seven years with a full year's depreciation in the year of purchase. Computers and other technology assets are capitalised if they can be used for more than one year and usually cost more than £l(Ki. They are valued at cost and are written off over three years with a full year's depreciation in the year of purchase. Debtors. These are measured on initial recognition taking into account any agreed discounts and advance payments by the charity.
Last Year Year Note 3 .. Analysls of incomlng resources LettinES Income from Sections actlvities Cameo Club Dog Trainin8 Club Brid8e Club Parents and Toddlers Club Friday Club Fund ralsing activities Carnival IIXI Club Other events Donations Investments Membership subscriptions Other 53.705 53.974 2.469 2.799 6,664 i.oii 1,477 5.169 1.027 1.322 5,897 17.555 17,120 5,539 503 5.683 516 6.042 6,199 717 792 512 I,LX13 5rA) 37 78,842 79,314 Note 4: Anatysls of res(wr¢es expended Raising funds Carnival Club Charltable actlvlties Cleanin& caretskin8 eta Salaries Rates and Water Heat and light Maintenance Administration and 8ovemance costs Subscriptions Other costs Depreclation (Notes 2 and 61 Costs of Section activities Cameo Club Dog Trainin8 aub Bridge Club Parents and Toddlers Club Friday Club 2.299 231 3,211 267 2,530 3,478 9,240 13.187 2.949 4,7 7.437 6.970 1,082 1.083 9.263 13,675 2.618 7.1x15 12.409 6,509 927 1,089 46,648 8,019 53,495 6.050 2.074 1,459 3,396 43 263 3.378 297 3,395 9,298 66.495 8,547 71,570
This Last Year Year Note 5: Trustee expen5e5 included in adminlstratlon and govemance costs: Number of trustees who were paid expenses Total administrative expenses paid Note 6: Tan8ible fixed assets Freehold land and buildings Net book value of furniture. fittin8s and technology brought forward Additions durin8 year 115,366 115,366 23.463 17,059 40,522 8.019 22,454 7,059 29.513 6.050 Depreciation charge for the year Net book value of furniture, fittings and technology carried forward Net book value of tangible assets carried forward 32,503 147.869 23,463 138,829 Note 7: Investments COIF Charitie5 Investment Fund 24.459 23,457 Note 8: Debtors and prepayments Prepayments and debtors 2,196 2,939 Note 9: Cash at bank and In hand Cash at bank Unrestricted funds Restricted funds Held on behalf of Sections Cash held by sections Cameo Club Dog Training Club Bridge Club Parerbts and Toddlers Club Friday Club 40,141 25,709 3,739 47.880 3,739 33,448 4,682 19.604 560 914 826 1,115 1.380 26,452 74.332 26.295 59.743 80 Cash in hand 74,412 59,823
This Year Last Year Note 10: &sh at bank and in hand relati to funds Restrirted income fvnds (Note 121 Unrestricted funds 34,192 40,220 74.412 34,034 25,789 59,823 Note 11: Creditors and actruals Creditors and accruals 22,504 10,963 Note 12: Restrlcted IrKome fvnds Relates to the following: Cameo Club 4.577 19.604 560 5,266 19,004 826 1,115 3,823 30,034 4,000 34,034 Dog Training Club Bridge Club Parents and Toddlers Club Friday Club 914 4.537 30,192 Maintenance reserve 34,192
Marlow Community Association R¢stered Charlty No. 311 I report on the accounts of Marlow Community Association for the year ended 31 December 2025, which are set out on pages I to 6. The ¢harity5 trustees are responsible for the preparatton of the accounts. The charws trustee5 consider that an audit is not required for this year under sertion 144 of the Charitles Act 2011 (the Charities Act) and that an independent examination Is needed. It Is my responslblllty to: examine the accounts under section 145 of the Charities Act . to follow the procedures laid down in the general Dlrecttons 8fven by the Chartty CommSsslon under section 145{5llbl of the 2011 Act, and to state whether partlcular matters have come to my attentlon. My examlnatlon was carrled out In accordance with general D1ctIonS given by the Charity Commisslon. An examlnation Includes a review of the accounting records kept by the tharlty and a comparlson of the accounts presented wlth those records. It also Includes consideration of any unusual Itsms or dlscbsure5 In the accounts. and seekiry explanattons from you as trustees concernln8 any such matters. The procedures undertaken do not provlde all the evidence that would be qUIred In an audft and consequently no oplnlon Is glven as to whether the accounts present a 'true and falr Vie and the reportls Ilrnlted to those matters set out In the next statement. Independent wmlnerfs slatemert In connectlon with my examinatlon. no material matters have come to my attention which gives me cause to belleve that. In any materlal respect: the accountlng records were not kept In accordance wlth sertlon 130 of the Charltles Act 2011: or . the accounts dld not accord with the accounttng records: or the accounts did not comply with the applicable requirements concernin8 the fomi and content of accounts set out In the Charities IAccounts and Reports) Regulations 2011 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no matters in connection with the examinatlon to which attention should be drawn In thFS report Sn order to enable a proper understanding of the accounts to be reached. Signature: R Smlth JJJ Date: Name: Roger Smr£h FCA, Qualification: Chartered Accountant Address: 6 Beaufort aose. Marlow. Buckin8ham5hire 5L7 IEN