OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-12-31-accounts

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH)

REGISTERED CHARITY NO 300986

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 DECEMBER 2025

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH) Charity No. 300986

----- Start of picture text -----
BALANCE SHEET AS AT 31 DECEMBER 2025
2024 2025
FIXED ASSETS
98964 Freehold premises and improvements at cost 98964
0 98964 Additions 0 98964
16178 Fixtures and fittings 16178
0 Additions
16178 16178
10809 Less depreciation 11614
5369 4564
104333 103528
INVESTMENTS AT COST
18828 National Savings Investment Account 19017
18828 19017
123161 122545
CURRENT ASSETS
2998 Association bar stock 3633
28923 Bank account - current 31356
679 Trade Debtors 2407
150 Cash in hand 150
32750 37546
155911 160091
LESS CURRENT LIABILITIES
3637 Sundry creditors 4736
152274 155355
ACCUMULATED FUND
145769 Balance as at 1st January 2025 152274
6505 Add surplus (loss) for the year 3081
152274 Balance as at 31 December 2025 155355
----- End of picture text -----

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH) Charity No. 300986

INCOME FOR THE YEAR ENDED 31 DECEMBER 2025

SCHEDULE 1
2024
INCOME
3084
Membership subscriptions
19011
Hire of hall
144
Bank & other interest received
60
22299 Sundry income
ACTIVITY GROUPS
1440
Bridge
984
Table tennis
1079
Badminton
3503
SOCIAL AND BAR FUNCTIONS
38434
Social - Bar income
38434
64236 Total Income
2025
2914
21759
189
91
24953
2480
-
842
3322
36701
36701
64975

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH) Charity No. 300986

EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2025

SCHEDULE 2

2024
ADMINISTRATIVE EXPENDITURE
3091
Licences and Affiliation Fees
9936
Cleaning
1843
Telephone, broadband and TV
1830
Other expenses
16700
ESTABLISHMENT EXPENDITURE
1083
Water rates
5339
Lighting and heating
2049
Insurance
3005
Repairs and renewals
142
Garden and grounds maintenance
11618
FINANCIAL EXPENDITURE
411
Audit and accountancy
411
948
DEPRECIATION
948 Fixtures and fittings
SOCIAL ACTIVITY EXPENDITURE
28054
Bar expenditure
28054
57731
2025
1482
10625
2088
3333
17528
1308
5930
2092
8087
1194
18610
453
453
805
24498
61894
BAR ACCOUNT
2024 2025
38434 Sales 36701
28054 Less Cost of sales (adjusted by stock) 24498
27.0% 10380 Gross profit 33.2% 12203
10380 Net profit 12203
3283 Stock value at 31/12/2024 2998
27769 Purchases 25133
2998 28054 Less Stock value at 31/12/2025 3633 24498

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH)

REGISTERED CHARITY NO 300986

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 DECEMBER 2025

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH) Charity No. 300986

----- Start of picture text -----
BALANCE SHEET AS AT 31 DECEMBER 2025
2024 2025
FIXED ASSETS
98964 Freehold premises and improvements at cost 98964
0 98964 Additions 0 98964
16178 Fixtures and fittings 16178
0 Additions
16178 16178
10809 Less depreciation 11614
5369 4564
104333 103528
INVESTMENTS AT COST
18828 National Savings Investment Account 19017
18828 19017
123161 122545
CURRENT ASSETS
2998 Association bar stock 3633
28923 Bank account - current 31356
679 Trade Debtors 2407
150 Cash in hand 150
32750 37546
155911 160091
LESS CURRENT LIABILITIES
3637 Sundry creditors 4736
152274 155355
ACCUMULATED FUND
145769 Balance as at 1st January 2025 152274
6505 Add surplus (loss) for the year 3081
152274 Balance as at 31 December 2025 155355
----- End of picture text -----

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH) Charity No. 300986

INCOME FOR THE YEAR ENDED 31 DECEMBER 2025

SCHEDULE 1
2024
INCOME
3084
Membership subscriptions
19011
Hire of hall
144
Bank & other interest received
60
22299 Sundry income
ACTIVITY GROUPS
1440
Bridge
984
Table tennis
1079
Badminton
3503
SOCIAL AND BAR FUNCTIONS
38434
Social - Bar income
38434
64236 Total Income
2025
2914
21759
189
91
24953
2480
-
842
3322
36701
36701
64975

NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH) Charity No. 300986

EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2025

SCHEDULE 2

2024
ADMINISTRATIVE EXPENDITURE
3091
Licences and Affiliation Fees
9936
Cleaning
1843
Telephone, broadband and TV
1830
Other expenses
16700
ESTABLISHMENT EXPENDITURE
1083
Water rates
5339
Lighting and heating
2049
Insurance
3005
Repairs and renewals
142
Garden and grounds maintenance
11618
FINANCIAL EXPENDITURE
411
Audit and accountancy
411
948
DEPRECIATION
948 Fixtures and fittings
SOCIAL ACTIVITY EXPENDITURE
28054
Bar expenditure
28054
57731
2025
1482
10625
2088
3333
17528
1308
5930
2092
8087
1194
18610
453
453
805
24498
61894
BAR ACCOUNT
2024 2025
38434 Sales 36701
28054 Less Cost of sales (adjusted by stock) 24498
27.0% 10380 Gross profit 33.2% 12203
10380 Net profit 12203
3283 Stock value at 31/12/2024 2998
27769 Purchases 25133
2998 28054 Less Stock value at 31/12/2025 3633 24498

ACCOUNTANTS REPORT YEAR ENDED 31 DECEMBER 2025 NEW ROAD AREA COMMUNITY ASSOCIATION (TEIGNMOUTH)

This year there was a surplus on the Social Club of £3,081 compared to the previous year surplus of £6,505.

Actual turnover for the Association increased by £739 largely due to the increase in hall hire.

Expenditure remained consistent with the previous year with the exception of increases in cost for security, repairs and garden maintenance.

The repairs increased from £3,005 in 2024 to £8,807 in 2025 largely due to the work undertaken with the flooring.

The garden maintenance was higher in 2025 due to the landscaping work carried out.

The books and records have been kept to an exemplary standard for which we commend.

We will liaise with the Committee to ensure that the Association is kept informed of any changes that come into force so that these can be dealt with as seamlessly as possible.

…………………………… GREENWOOD ACCOUNTANCY

…………………………… PRESIDENT

…………………………… CHAIRPERSON

…………………………… SECRETARY

…………………………… TREASURER