Regi$tratiott Chatity No. 301UI (Ettgiand and Wales) WICKFORD COMMUNITY ASSOCIATION ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 WICKFORD COMMUNITY ASSOCIATION ASSOCLATION INFORMATION HonotAry Officers Don Mottis Ichaiiman) ChxL5 Adatns (Hon. Secretary) Alex Myers cfreasurer) Kevio ttlajor IVice.Chat1ll￿) - Resigned Registered Chatity Numbet 301241 IrAdepettdent Examiner Berkeley Townsend Chartetcd Accountants Hunter House 150 Huttron Road Shenfield Essex CM15 8NL PriDcipo1 Office Address The Nevendon Centre Nevendon Road Wickford Essex SS12 OQG WICKFORD COMMUNITY ASSOCIATION cowrENTS PAge Report oEthe Manage￿ent Cotnmittee Independent Exatniners, report St*tEment of financial activities Balance Sheet Notes to the accounts WICKFORD COMMUNITY ASSOCIATION REPORT OF THE MANAGEMENT COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The N12nagemeot Committee ptesent their aonual report with tke fiD2ncial statement$ of WickfoEd CotnTnuni Assocsauort (the Association) For the year ended 31 Trlarch ?025. and confm they cO￿pIY uryth the duty in Section 1715) of the 2011 Chatitic3 Act to have due regard to guidance published by the Chatity Commissic>o. rRucfuRE, GOVERNANCE AND MANAGEMENT The.IIinagement Ctiallnit¢¢ ate appoioted by vote of the D]ethbet8 at the Annual GenerAI fvfeeting. Th¢ Nlana8etnent Cotnmittee consist of the HoAornry OFfrers and t¢prt8entatives of full member8 and relevgnt groups. The DtganisationAI Strnctwe of the Association 15 one in which the NIanagerncnt CotxJm(ttee mak¢ the deei5ions, which are then executed by the Honox3ry Officer5. Nletkibcr8 ¢3n appiooch Honotary Officer8 Mith ide2$ Ihat, if nece8sary, be vor¢d on by the hfanagew¢nt CoJntt)ittee. The governing document oEth¢ cl)0rity ÈS the con5tituttorL of th¢ IYJdifotd Coallllunity A550ciatiorL T A5sociauon has uniticotP08xated st2tus. OBJECTIVES AND ACTIVITIES The objects of the AssociAtion are to.. *) ProttK>t¢ the benefit of rhe inhabitant8 of wI￿ord and the Jieighbourhood UYAthout the di8tinctsott oEs¢K, exual orieatauon, nation2Jity, age, dt5abJh"ty, race ot of po]itic2L ye￿.0U£ ot other opitjitrns by associating together the said iuhabit2nts and the st2tutiiry authoLiti¢6. voluntary othet orwdnisation8 in a cotnmon effoit to advance educatiotx aod to provide f8ciJities in the inte￿$t8 olthe 80cial weLEare ht r¢creation xnd lei5uie tixne occupauon with the obieet of impro3rytig the conditi1￿& of life for the said inhabitanis. b) Estsbh"sh ok tts secure the estsblishment ofa Community Centse and to maintaiti and manage the satne (whether alollc oi in co-opetatioo with any statutory authotiry other pei50n or body) in fi)rthetartce of these objects. c) Pronxote su¢h othet chxtitable putpose8 Is may ftom time to time be determined. ACHIEVEMENTS AND PERFORMANCE A of the opex*tions oEthe Association a￿1￿8 the financial ye2t aKLd the re8uIt8 of those oK￿ratiOnS gre 2$ foJhw5.' The As80¢iation continues to PEovxde faciliiie5 for the benefit of the iAhabit2nts tsf Wickford and 5utt0Lu￿1ttg 2tea5 in the ititere$t oEs0¢i￿ wdfare, ￿¢reall0￿ aod Icisure. The As4nuation prorrid¢¥ Ats meEnbers acces9 to a diverse r3nge olrecteatiotd aC￿￿tieS iticluding bow18, dancin& 5POtts activiry and all..IIL of these aCtiWtiES have cofttinued froth the Pxelao￿ yett xnd pkn to cortiinu¢ for the Ec>rtlLCOtnsng}ear. Thue ts 3150 a bat 2rea 2t the Nevendon Centre for its nettkbe￿. The bar area ts run by the.18soEiaiioll5 te]2ted party Centr¢ Cafe Ltd. In tddition, there ts an on Bite pre-schooL which AS rua by a thttd patty and ptoduce5 source of incotne for the A550ciatioiL FINANCIAL REVIEW Thc Association has S￿L￿S fiJnd8 of £120.935 to eatry fonvard as at 31st hf#rch 2025 (2024- n18,9641. These reseLves ate to be used for futtwc £Lmd 1?is￿8 activities and contiAgenckes that may Aiise. The pobcy fot holdlljg reseffts i¥ to ets5ure sufficiettt cover Eor £uttwe expenditure of at least two titnes annu￿ expenditure. The co*id pzndcmic atsd thc incre85ed cost of living continue to neg3tively impact the acU￿tieS of thr.4550aauD The marJa8ernent cojwwttee have consideted the viability olthe ch#tity in xclation to its going concern. The management committee feeL that, haling reviewed the monthly man#gett]ent gccourArs since hlarch 2015 2nd by ptepating cashfjow forectst8 th31 at the date of SI￿￿]g the accounts, rhe As50ciatioa has suffiaent xe5eLYcs 10 tottiinue as a going ct)ncetfL WICKFORD COMMUNITY ASSOCIATION REPORT OF THE MANAGEMENT COMMITTEE FOR THE YEAR EI¥DED 31 MARCH 2025 RELATED PARTY The AssoEyatiDn ha$ a re]2¢¢d parry iti Centte Cafe Lt) of the ACL Independent Examinet's Staiemetst I have completed my exAmination. I confimi that no material mattexs h*ire comt to my attention in ¢x>nnectson th the examiJJation wluch gives me cause to beiieve that in, any matetial resptct.. - accountllig Iecords were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accountin8 records. I h2Ne nu concerns and have come auoss no other matters An connection with the eKamination to which a￿￿tion should be drawn in QEder to enabk 2 proper undetsr2nding oFthe accounts to be re2ched. D J Aqulno FCA FC Berkeley Town$end Chartered Accountants Hunter House ISO Hutton Road Shtnfidd E55ex CM15 8NL Date,. 9 octob￿ 2025 WICKFORD COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Incoming Resout¢eB Ch?rirable activities Generated fijnds Other incoming rc80urces 154,914 24,845 6.000 131,061 24,190 6,000 Totsl incomitig re8OUtees 185,759 161,251 Resoutces expended Costs Ofgenetatll￿ fuads Govetnance costs {17",,9381 {5,850) (188,ffj161 15,8401 Total tesoutces expended {183,788) {194,?661 Net movemeot In funds for the yeat 1,971 133,015) WICKFORD COMMUNITY ASSOCIATION BAIANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed a88etg Tangsble 2$sets 9,403 11.797 Cuttent #58ets Debtor5 C15h at bank artd in hand 110,235 7,211 10? 136 11,527 117,446 Creditots; amouttt8 fallAng due within one year 113,663 15,914) (6,4?0) Net cuir¢ot a$8ets 111,53? Total a8Bets less cuttent liabilitie$ 120,935 118.964 Fund of the eharity Unrestriccd Ew]d5 120,935 118,964 Total funds 190,935 118,964 These FJnanci21 8tatetnents have been reviewed by d]e Management Committee and ate agreed s5 bein8 in accordance ￿ryth the source documents. Appioved by the Cotijmittee fot issue on 9 October 2025 Don Moriis (Chgirnun) Chtis Ad s (Hon. Secretsry) Chatity Registtatiott No. 301241 WICKFORD COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Aecounllng policies Ll Aceouttthg conventlon Tht Finaociai statetnents are prep&ted undex the bL5tollcal cosr convention and in accordance wirli the Chatitie5 Act 2011. The accounts have been prepared on a ￿ceIptS Ind piyments b1515 as the IXAckford Community A5sociatiott is a non-company and ha5 gtoss income of less than £250,000 dutiA8 the [￿ancIal 1.2 Tutnover Incomiag ttsources in respect of provision of wds or Bervices are accourLted Eor when received. 1,3 Tmgible ￿ed asset8 and depreclatlon TIn￿ble fJx¢d asscts other than freehold land are ?tated at C05t less dtpreciatiDn. Depreciauon is provided at X2tes calculated to write of¥ the cos¢ kss esiimaied residual value of each asset over it5 expected useFut lrfe, as follows.. Rcfutbtshment Fixtures, fittings & equipment 33.330/tr reducing ba]ance per annutn 25fj/o tedu(ing bgjance per 2nnum 1.4 Taxatioo The Association ts exempt from Corporation Tax by OE it being a Registered Chatifj in EngL￿d and W21e$. WICKFORD COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tangible fixed assets RefLTrbISl￿lle nt Plant and machinery etc Total C08t At l Aptil 2024 Adth'tigns 24,813 25,946 1,171 50,759 1,171 At 31 M￿ch 202S 4,813 51,930 Depteciation At l April 2024 Chaige for tFLe year 18,040 2,257 20,991 1,239 39,031 3,496 At 31 March 2025 2D,297 22,230 42,5?7 Net book value At 31 March 2025 4,516 4,887 9,403 At 31 Match 2024 6,77• 4.955 DebtOf8 2025 2024 Amounts owed by te]ated patty oth￿ debtot5 106,290 3,939 94,-89 7,347 10? 136 CteditOf6'. amounts falling due wlthln one year 2025 2024 Taxation artd SOCI￿ security oth￿ cteditors 2,326 3,588 2,70? 3.724 5,914 6,426 WICKFORD COMMUNITY ASSOCIATION OTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE TrEAR ENDED 31 MARCH 2025 Utyestsicted fiLnds Funds Total fi￿d5 brought forwaryl Ne¢ iftcomirig resoutces for the period 118,964 1,971 Totsl fiinds Catt￿ fornrdrd 120,935 Trustee expeoBes Expenses incurred by the trustees fot gCner￿ business 2dministr2tion cost5 lte ￿1MbUt5¢d. These cxpcnses toral £615 for the yegr ended 31 March 202512024_ £nil) and two trustee w￿¢ involveiL Related patty trattsactiotts Durin8 the year the chariry teceived £6,000 as tent81 income (£6,000 - 2044) and £4,7?5 for tlie cost of hall lllte (£nil- 2024) (rom a ￿ated paty Centre Cafe Ltd, a company under conttol. At the end of the reporting end date Centre Cafe Ltd owed the chariry £106,2961£94,789_ 20fjA)