Page-1 FRAMPTON COTTERELL AND DISTRICT COMMUNrrY ASSOCIATION TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDeD 31 MARCH 2025 Charfty No: 301533
Paga-2 FRAMPTON COTTERELL AND DISTRICT COMMUNrrY ASSOCIATION LEGAL AND AOMINISTRATIVE INFORMAMON TDtst••s D Humphrey8 C B8in T Knlghl J Branton Tr•a¥ur l Nlcholl8 Charlty Nurnb•r 301533 Rogl•t•Ted Olll¢• Cr$boW House School Road Frampton Cotter•ll Bristol BS36 2DB 8ank•r• Nat West Chlpplng Sodbury Branch 77 Broad Straet Bristol BS99 5DP Ind•p•rtd•nt Ex•mlnern Davld Cox MBE FCA Harwood, Lane & Co Chartered ACcOtantS Unlls 14. Cr¢8sley Farm Buslne68 Centre Swan Lane Wlnlerbourn BTl8101 BS26 1RH
Page.3 FRAMPTON COTfERELL AND DISTRICT COMMUNITY ASSOCIATION COIJTENTS Page Trustses, Repcrt Independent Examiner8 Report statemont of Flnanclal Activittes 8alanc8 Sh88t Statement of C8$h Flows Note8 to the Accounts 9-13
Page-4 FRAMPTON corrERELL AND DISTRICT COMMUNITY ASSOCIATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Tha tru8tea$ pment their report and accounts for the year ended 31 March 2025. Prlnclpal Adlylty Our Alms 8r8.' To provide facilitias in th• intsresls ol social welfare for recreallon and18isur8 Ilme occupatlon wtth tho object of improving thg conditbns of Ilfe for tha inhAbltan18 of Frampton Cottgrell and 018trict. Tarolbl• FIX A•8et8 for u86 by the charlty D$tsils of movements In Thxed assets are 8el out in nol8 2 to the Unte. Trusts9¥ The trustee6 durfng Ihe porfod under review w6ro: D Humphreys C B8ln T. Knlght N Smllh Rg8lgnedl Publlc B•n•fit Slatsmont The charHy Irus1008 have compl*d with Ihair duty lo have due regard lo tho 9dance on publlc benefft published by tho Charity CcrfnnN88ion in exerci8lng their powers and dulie8. Tru8t8•#' Rgopon81blllty Stat•m•nt Charity law requlre$ the Trusts08 to prepare accounta for each flnbncial ygor whlch glve a tru• and falr vlew of the 8tat• of affalrs of Ihe charity ond of 118 Income and expendllura for that parlod. In preparfng the attached accountg Ihe Tru8tee8 con81der tho tharty h88.. used 8ultablo acrounlna po¥cle8 and then 8pplled them con81slenlly', made ludgemonts and è811male3 that are r8a¥onable and prudent.. laled vthathar appllcable accountlng 8tsndords have been folksd. 8ubSBct tQ any mot8rto1 dopgrtwe8 dl8clo¥ed ond •xp18n8llon8 In the 8ccounl$', and has prepared the 8ccounts on the oolng concem b8818. Th• Trustèè$ have r88ponsibillty for malnt8lnSng propeT accoLtnllng rgcordi Ythich dbsclosa wlth r#43onable accuracy 81 anyllme the nandal positlon of the charity and enable11 to en8ure that the financial ¥lalemenls Comply with the Charities Act 2011. They al80 have responslblllly for 8afeguBrding the ?ssets of the chadlabl• CoMnY and hen¢• for taklng asonable st&pG lo pr&vent and delecl fraud and othw Irregularities. Phrnb•rs ofth8 Board Membeis of the Boanl, who are th8 trusleos for the purpoBe of Gharlty kw, who served durlng the ye8r are 801 out above In accordance wllh chartylow, as Ihe charity Iru81ea$, cortlfy Ihal.. So f8r gs we are aware, there Is no rel•vBnl accounts infomiatlon of wlNch the Gharlty's examlner8 are unaware., a As tru8tee8 of the Gharlty we hav6 taken all tha st•ps that we ought to havo tsken In order lo make oumlves 8ware of any relevant a¢counts knfoimalion and to g¥tsbli8h that the Gharfty's examiner3 are awar8 of that information. Indepand•nt ExamlnÈrn H8rwood Lane & Co were re4ppolnted as the ¢haritls Indepgndorrt Examiners durfng the year and have exprossed th ness to continu (x1091z(52S- ph Dato Trustse
Pagè-5 INDEPENDENT ELIMINERE REPORT TO THE TRUSTEES OF THE FRAMPTON COTTERELL AND DISTRICT COMMUNITY ASSOCIATION I report on th8 8ccounl8 ofthe Charfty for the yegr onded 31 March 2025, ara sel out on p8ge8 6 10 13. R•spaetivo Tefjpon¥lbllltle• of tru8tw and examlner4 The charitys Iru8te8s are responsible lor the preparallon ofthe acunts. The chty,3 tru81ees con8id8r that an 8udil is not reqtAiTed for thi8 year under sectlon 144{21 of the Ch8rititr8 Act 2011 (the 2011 Acll and that an deF4nd•nl e¥anNnalion18 need. 11 is my re8pon8ibllty to.. Examine tho account8 und•r section 145 of the 2011 Act. To folbw the pfoceduras181d down in the General Dir8clion8 9lven by the Charty Comrrd8slon under soction 143(5){bl of Ihg 2011 Act and To ¥tate whether p4rtl¢ulBr mBtter8 hav• come to my attention. Ba810 ol Ind•pendent oxamln•r¥' report My examingtlon w88 carrfed out In 8¢cordance wlth the General Dlrectlon8 glvon by the ChBrlty CornmlBoloner8. An oxaminallon Includes 8 review of the aG¢ounlkng record8 kept by the charity 8nd a comparfson of th8 accounts prèsented Vlith tt)ose records. It 8180 include8 Gon$ldefation of any unusual terms or discsure$ In the accounlB and 8eeking axplan#lion8 from you as Irusleos concernlng any such matters. The procethras undertaken do not provide all tho evldence that woukl be requty In an 8udil. and eon8equenlly no opinion 18 glvon a8 lo who¢her the accounts pr68enl a'trua 8JKI fair view, and the report 18 Ilmlted lo those rnatter8 881 out in th6 8talem•nl bell. Ind8pondent examIne •tatgm•nt In Gonnoction wth my Èx8min8lion, no matter has come to my attentlon.. whlch glve me feosonable cause to boll•v6 Ihal, In arty materlal rpeCt, Ihe r•qulr8ments.' lo keep aCcn11r0 rgcords In 8GGordance with sactlon 130 of the 2011 Act.. and to prépare accoun18 whlth accord wlth the accountSrvJ rerdS and lo compty th thè a¢Gounllng requlremen18 ¢f the 2011 Act have not befjn met., Cf 12) to which, in my oplnlon, attenllon 9hould be drawn In order lo angble 8 woper urtdor3landlng of the accounts to be reached. David Cox MBE FCA Harwood. Lan• & Co Chartgred Accountants Units 14. CroB¥lgy Farm Bu¥lne88 Centr Swan Lane Wintsrbwrne Bristol BS36 1RH Date: I s
Pag8-8 FRAAIPTON COTTERELL AND DISTRICT COMMUNrrY ASSOCIATION STATEMENT OF FINANCIAL ACT]VlnES AND SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 21)25 Notés 2025 General Total 2024 General Total IN Incomg frcm charitablo actfvit108 12 62,918 83,432 Volunlary Income a Grants 520 8,100 Incom• from oth•r tradlng a¢llvltl•s FunctIc8 Investment Inccffle 13 S69 Total Incomlng Re8ouTCM 64.307 72,167 Co•t ol R•l•lng Fund• FundrAknlrKd Costs Expendllure on Charflable ActlvttB q4 83,890 69,451 Total Exp•ndlture 83,890 69,451 Tran8l•r8 funds 83,890 69.451 N&t (Ouigoingl I Incomrng Rowou 11 119.5831 2,716 Total Funth 8rought Forward 11 207,809 205.093 Total Funds Canlod Fornard 11 £188 226 £207 809 Th• nots8 on page8 9 to 12 lonn part of th•s• accounts
Paoe-7 FRAMPTON COTTERELL AND OISTRICT COMMUNITY ASSOCIATION BALANCE SHEET AS AT 31 MARCH 2025 Notos 2025 2024 TANGIBLE FIXED ASSErs 300,437 29Q,483 FIXED ASSET INVESThIENTS Share in &Jb8idl8ry Cornpany CURRENT ASSETS Debtors ash at eank 4nd in HBnd 10,932 66,532 31.221 87,239 77.404 98,480 CREDITORS., arnount• f•lllng dug wlthln on• year 16,9101 17,3891 N•t Cuffr•nt knot• 70,564 91.091 Total A•••t¥1oBs U•blllll08 £370 992 £390 57S Capltal and R•8•rM8 Unrestricted Ros8fve8 R¢volualion Reserve 11 11 188.228 182,766 207,809 182.7e6 £370 992 £390 57S M• C Baln Approwd". On hall ofth• Board ofTruJteeo 01109 Izozs (Dale) Th• notes on paw 9 to 12 form part rfthe•• accounts
Page-8 FRAMPTON COTTERELL AND DISTRICT COMMUNITY ASSOCIATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2Q25 Not• Total Fund• 2025 PTJ¢JrYo8r 2024 N•t Cash In op•ratsng a¢tivltl•g 16 622 5,39 Cash Flgw frofft Inv•8tlng •¢tlvld•¥.' Interest and drvidends Inv•slmnt in 8ub8BILgry eompany Purchase of fixtures, fltlngs and 9gulpmnl Procc•ds from dlsp08È1 offtUre8. frttlng8 and equlpmont Proceeds from sale of investments 635 (2,2141 1,2eo (1.280) Net ca•h provld•d by In¥Mtlng acllvltle• 1851 {025) Cash Row from Iln•nclng a¢lMtle8.' Repayment of l)om>wing Receyt ofexpendable endowment Net c•ah provldad ty Iln•n¢lng actlvltla• Chang• In ea•h Ind ¢¥h •gulvalent• In year (7071 126,0201 Cash gnd cash eqvalent brought forward 87,239 93,259 Ca•h and ca•h equfv41ent c•rrf•d lorwArd £67 239
P8ge-9 FRAMPTON COTTERELL AND DISTRicf c(XfjMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES BaBls of preparntion ol accounts The accounts have been prep8red under tho hlstorl¢al cost Conven0 th items rÈ¢ogniB8d al co¥1 r transaction valug unle85 otherwis& st8led in the rel¢vanl nole{s1 to these accounts. The finaA¢ial 8talem8nts have been preparFd In accordgnc8 with the Statement of Recommendod Praclic8'. counting and R•pthng by Charilles Pfeparing their Bccounts in acGordan¢e with the Financial Rewiing Standard appllcabl& in th¢J UK and Repub15c of Ireland IFRS 102) issued on 16 JU 2014 aThJ th• Flnancial Reportlng Standard appli¢obl8 kn the United Kknqdom a1 R8publi¢ of Ireland IFRS 1021 and the Charllles Act 2011. Frarnplon Cott•rÈll 8nd Di8trlcl Communlty A88ociBtion mgets the definillon of a publlc ben6flt entity under FRS102. A8sets Bnd 118bili118B are Inlllally reeognised Bt hl¥lorfcal co81 or tran8actson valug unl688 othenvise 8talgd In the relevant accounting poNcy notes. Tanglbl• fixed and d•preclatlon Tangible fix8d 888et8 are 8ts1ed al cost with the excep Df the freehold property whlch Is slated al valuation. Oepreciaticn is not c8lcLtlatgd on the coet of tha flxed a88ela Property Royaat+on An Independent valuatlun ol the propety wa8 carrled out durlng 2011 report dated 18 February 2011 showed o valuatlon ol £250.000. Th¥ Iru8lee8 88timMle that the propety value al 31 March 202518 8vJnificanlly MO than the Balance Sheet valuE+ Ivaltsallon and sub¥gquenl Improvement cost8)- A prof8081onal valualSon of part of thè property wa$ ob181ned durkno tha year to 31 Mareh 2023 which 8UPPQrt8 the Irustso8' opinion of value of th• whol?. Incomlng Ro8ourc•• All Incoming re8ources are Includ8d the 8tatement of flnan¢lHI acttvlMe8 when the charlty IA anlmlod to tha Incom8 and the amount can be quantifd wllh reasonable accuracy. Rwourc•• Exp•nd•d ExpendStura IB recognised on an cru[ basls 88 ¥ Ilability In¢urred. &pendlture In¢d98 any VAT whith Gannot be fully re¢overable. and 18 rgported a8 Pgrt of the oxpandlture to whlch 11 r•18tas. All costs or8 incluBlvfj of VAT as Ihe ¢h8rity 18 not VAT regl818r8d Costs of gen¢rnllng funds compdse the coots a810Glat•d wtth attracllng VOntary Fr0m. Charflable pendItUTe comprise8 those costs Incurred by the charfty In th• dellvery of its aclivili¢s and 3eNlces lor Its beneficiaries. Govornan¢e ¢05ts include those CD818 assocl8t8d wlth meeth'ng the ccn8tliullon818nd Blalulory reqUIr¢mts of the charity and indude the Ind•pen¢Yent examiner9 feès and ccyJts link&d to tho 81rategic managomenl of the charity. Fund Accountlng Unreslrfcled fuThJs are available for u88 at thé di8crelion of the trustee5 In furthorance of the general obA8etives of the ch8rtty. Designated lund¥ are unreotrkted fund8 eannarked by tha TNStees for particular purpo$88. Reslrlcted funds are subject to règlriction8 on Ihelr expenditure Imp)8 by the donor or throuyh the term8 of an appeal.
Page- 10 FRAMwfoN COTfERELL AND DISTRJCT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 TANGI8LE FIXED ASSETS Frnehold ImprovFments F&FI PrnpÉrty to Propety Equlpmgflt (Valu8tionJ (Cost) (Costj 25Q,000 27,558 21.925 2.214 11,2eoi £22.879 ToLyl Cost or Valuatlan As at 1 Aprfl 2024 Addltlork8 D18posals As at 31 March 2025 299,483 2,214 11,2601 £300 437 £27 858 Dopreclatlon A8 al l Aprfl 2024 Charge A¥ at 31 Mar¢h 2020 £0 £0 £0 £0 Net Book Valu• As at 31 March 202S £250.000 £27,SOB £27,6J8 £22.879 £21.925 £300,437 £299.483 A8 al 31 Marth 2024 £250,000 An IndepeTraenl valuallon ol thè prop•Tty wa¥ carrlBd out durkng 2011 r•port dated 18 February 2011 showed a valuatlon 01 £250.000. Th8 tnJsté88 8sllm819 that the property value al 31 March 202518 3lgniftcantly more than the Balan¢& Sheal value (valuation and sub8èqU8llt improvement costs). A pro1•88ional ¥Aluatlon ol part of Ihe prop¢ty wa8 oblained during the year lo 31 March 2023 wNch 8UFPOrt8 tha Iru8tses' oplnlon of value of the whole. An Ind&pgNlenl rebulldlng c0818 evaluallon of both CIo88bJw Hou¥9 and Sl Pel8r'8 Hal wo8 carrled ut durlng Juty 2025 for Insurance purposeg. Tho total evaluation for both prap•rtle8 W88 £2,348,coo. The propertles have not bean rèvalued in these account8 because the Iwst868 con81deT that thi818 not r8pro9gntstlvg of the open m8rk81 value ol Ihg prq)•ty. FIXED ASSET INVESTMENT Sub8Sdlary Company Durlng the year. the charity had one wholty ¢)wned 8ub8idlry, Incorporated In the UK on 11.06.20. Cro43b Bar Ltd Ire9istsr¢d In England and Wale8 ¢ornpany number.. 12e848) prJvlda8 comm•rclal BctivitiBs in oTd8T to rais8 fun(ts for the ¢har6ty. A 8umm8ry of tho reaull8 of Cr088bow 8ar Ltd Is shown below. Income and Exwndltur• 30.06.24 30.06.23 88,627 167,9631 £864 75,654 Expen(Illwe N•1 Profil IL068) (75,6571 £3 Retained Earning8 al beglnnlng of Repthng P•riod N8t Profit ILossl for the year Distribution to parent charity Retained Earning8 al of Reporbng Pariod 131 16651 £3 £4 Net A8•el £5
Pago- 11 FFL4MPTON COTTERELL AND DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 DEBTORS 2025 2024 Tiade Debtorg Inlgr Cornpany A¢Unt PrepayThen18 and accrue¢J Income 377 5,047 5,508 3,799 23.340 4,082 £10 932 CREDITORS: am0¢8 falllng du• within on• ye4r 2023 2024 Inter Company Account IroMe In Advance Taxes And So¢lal Security Accruale 1.481 2,154 5,449 5,215 £7,369 £8,910 IDeFICm I SURPLU8 FOR THE YEAR Th8 Ideficil) l aurplus of Inwrne over e¥pgndlturo18 81ated aft*r charglng.. D8pffjclation of IgIle ffxed a88818 owned by th8 ChBrity Ind8p8ndent Examlngr8 Feg Ilnc Vall 2023 2024 1,020 STAFF COSTS 2025 2024 Gro88 Pen8lon Contrfbutbon8 10,944 141 9.090 60 £11085 Averagè No of Employeea TRUSTEES REMUNERATION AND REL4fED PARTY TRAN8ACmONS No meTnbers of tha board of trustegs rnc•ived any rgmunerallon durlng the yoar. Mr D HumpFrys 18 8 60°/0 $har¢hold¢r In DH Electrical Ltd whlch Caled out •1octrlcal rèp8ir8 8nd Installatlons lorthè Asxoaalion at normal cornmercial rates. The total of Invoice charge8 excludlr¥J VAT wa¥ £2,37812024- £1,292) TAXATI4 As 8 charity, Ftampton CotteTell and Distrlcl CommunNy Assoclalion Is exempl frem tax on Incomg and gains falling wlhin saction 505 of the Taxe8 Act 1988 or $256 of the Taxatlon of Ch8rge8ble Gain¥ AGI 1992 lu the ¥xlenl that Ihe8e are applled lo Ils charllgbl• ebjècts. No lax charg85 have arisen in the Charity. 10 ANALYSIS OF NEf ASSETS BEfwEEN FUNDS Goneral Reserves Ravaluatlon R08en Totsl Tangit4e Fed Assets Current Assets Current knabililie3 117,671 77,4e4 16,9101 £188.225 181786 300.437 77,4e4 16.910) £370,991 £181768
Page- 12 FRAMPTON COTTERELL AND DISTRICT COMMUNfTY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 RESERVES R•valuatlon E¥pendlture of Ao•et8 At 31.03.25 183,8goi 188.226 01.04.24 Incom• General R&seS 207,809 182,766 64,307 Revalu£tnn Rese 182,766 £370.992 Total Ro8•N•8 £390 575 £6 307 £0 12 INCOA•E FROM CHARITABLE AofiviTIE8 2025 2024 Subscriptions and Affdl8llon Fe98 Hall Hlre and Rènts RFC Conlribthions Mhc•ll8nÉous Sub81diary Company Management Ffj08 Subsldiary Company Donallon 3.786 37,945 3,657 39,153 J22 100 20.000 20,000 £62918 13 INVESTMENT INCOME All ol the charities inve8lment Incom• of £8eg (2024 £8351 arl8e8 from money held in Intera¥l tegrlng cun?nl d•poslt a¢¢ounl8. t4 CHARITABLE AcfiviTIES 2025 2024 TV LS¢onc• BrOadbandelephon8 Insur8nco Repa1 an¢J Renawal8 Malor Repelrs PerlodlG Se¢ng and Cloanlng Gardenirvd Counul Tax W¥ler Rale¥ Heal and Light LIcen¢lPRs Donation8 Indap8ndent Ex8rrinatlon Payroll Servires Other Professional Fee8 Mlse•ll8Mou8 A(fvert18ing Wages Salgrias Employee Pen8lon Contributions Office Co8ls Bad Debt 183 1.371 3.314 5.051 14,007 19.331 159 1,231 2,982 11,093 18,031 179 319 1,505 24,332 841 1,592 22,414 150 1,020 130 147 21S 362 72 10,944 141 295 48 9,090 127 85 £83,890 £69,451 15 RELATED PA TFL4NSACTIONS There were no reted party tr8nsactKJns in tha current year fAher Ihgn that described in Note 8.
Poge- 13 FRAAQPTON COTTERELL AND OISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NET MOVEMENTS IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Nel Movement in funds Daduct Interest income Oecre88e IlncTea¥el In debtors {Decregse} Sn credllors 119,5831 18891 20,289 14591 2.716 {6351 123.989) 13,487) N•t Cuh u4•d In Op•rntlng Actlvltle• £622 £25.395