REGISTERED CHARITY NUMBER: 301556 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Kingswood Community Association Raymarsh Ford Limited Chartered Accountants Ground Floor 41 High Street Kingswood Bristol BS154AA Kingswood Community Association Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees 1 to3 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes lo the Financial Statements 71011 Delailled Statement of Financial Activities 12to13 Kingswood Community Association Report of the Trustees for the Year Ended 31 March 2025 The Trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities, issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number 301556 Principal address Community Centre High Street Kingswood Bristol BS15 4AB Trustees R Hamblin L Pickup Independent examiner Raymarsh Ford Limited Chartered Accounlanls Ground Floor 41 High Street Kingswood Bristol BS15 4AA STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing do¢umenl, a deed of Irusl. This ¢onslilules an unincorporated charity registered on 13 November 1962 and governed by a conslilulion amended on 29 January 1979 and 1 March 1982. Organlsatlonal 8tru¢ture The charity was under the trusteeship of Mr Hamblin and Mr Pickup. Risk management The Trustees have a duly lo identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. OBJECTIVES AND ACTIVITIES Objectives and aims The objectives of the Association are lil to promote the benefit of the inhabitsnls of the area of benefit by me8ns of advancing education and lo provide f8cilities in the interests of social weKare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants lill the establishment and maintenance of a community Centre. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charities aims and objectives and in planning future activities. Significant activities The main area of charitable activity has continued to be the provision of the community centre facilities to a wide range of groups and clubs engaged in educational, social and leisure activities. Page 1 Kingswood Community Association Report of the Trustees Iconlinuedl for the Year Ended 31 March 2025 ACHIEVEMENT AND PERFORMANCE Charitable activities The Trustees have focused their continued efforts on endeavouring to maintain the level of donations and funds raised to SUPFX)rt charitable aims. The charity reported the following results in the year. 2025 5,920 2024 110,7611 Surpluslldeficiti There is limited scope for increasing the income of the charity whether from lettings to groups and lubs or from its associated organisation, the Kingswood Community Centre Social Club and sound financial management is necessary lo ensure the charity's viability. Investment performance The charity only invests money with UK banks and seeks to obtain the best rate of return for the least financial risk. FINANCIAL REVIEW Reserves policy The charity holds sufficient resetves lo meet the funding requirements needed lo cover the cost of ServI￿S for the following year. TRUSTEES. RESPONSIBILITY STATEMENT The Trustees are responsible for preparing the Trustees, Report and the financial slalements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England and Wales requires the charity trustees lo prepare financial statements for each year that give a trues and fair view of the slate of affairs of the charity and of the incoming resources and application of resoLJrces of the charity for that period. Page 2 Kingswood Community Association Report of the Trustees Iconlinuedl for the Year Ended 31 March 2025 TRUSTEES. RESPONSIBILITIES STATEMENT ICONTINUEDI In preparing these financial statements the Trustees are required lo.. select suitable accounting policies and the apply them consislenlly observe the methods and principles in the applicable Charities SORP., make judgements and accounting estimates that are reasonable and prudent., stsle whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial stalemenls., and prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity will conts'nue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable awuracy at any lime the financial position of the charity and enable them lo ensure that the financial ststemenls comply with the Charities Act 2011, the applicable Charities IAccoLJnls and Reports) Regulations and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of Iruslees and signed on its behalf by.. L Pickup Vice Chairman Date 03 Jun 2025 Page 3 Independent Examinerfs Report to the Trustees of Kingswood Community Association I report on the accounts for the year ended 31 March 2025, which are sel out on the pages five to eleven. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements on the Charities Act 2011 1 the ACY'I. I have examined your charity's accounts as required under section 145 of the Charities Act 2011 1"the ACV'I. In carrying out my examination I have followed the Directions givent by the Charity Commission under section 14515llbl of the 2011 Act. My role is to state whether any material matters have come lo my attention giving me cause to believe.. 1. that accounting records were not kept as required by section 130 of the Act", or 2. that the accounts do not accord with those records., or 3. that the accounts do not comply with the accounting requirements of the Act., or 4. that there is further Infomiation needed for a proper understanding of the accounts. Independent examlnerfs statement I have completed my examination and have no concerns in respect of the matters11110141 listed above and. in connection with following Directions of the Charity Commission, I have found no matters that require drawing to your attention. Christopher Barry Ford FCA Chartered Accountant Raymarsh Ford Limited Chartered Accountants Ground Floor 41 High Street Kingswood Bristol BS15 4AA 03 Jun 2025 Page 4 King5wood CoTnrnunity Association statement of Financial Activities for the Year Ended 31 March 2025 2025 Unrestricted Restricted funds funds 2024 Unrestricted Restricted funds funds Total funds Notes INCOMING RESOURCES Incoming resources generated from funds Voluntary income Grants Activities for generating funds Totsl in¢oming ￿Qu￿e8 725 725 993 109.801 109,801 97,112 110.526 110,526 98,105 RESOURCES EXPENDED Charitabl8 activitie5 Expendituie on charitable activib.es 104.606 104,606 108,866 NET INCOMING lExPEND￿uRE11RESOURCEs 5.920 5,920 110.7611 RECONCILIATION OF FUNDS Total funds brought forward 128,886 128,886 139,647 TOTAL FUNDS CARRIED FORWARD 134.806 134,806 128,886 The notes lomi part of these fi'nancial statements Page 5 Kingswood Community Association Balance Sheet At 31 March 2025 2025 2024 Notes FIXED ASSETS Tangible fixed assets 102,134 106,797 CURRENT ASSETS Stocks Debtors Cash al bank 10 13,689 26,208 10 7,232 24,011 CREDITORS Amounts falling due within one year 17,2351 19,1641 NET CURRENT ASSETSIILIABILITIES) 32,672 22,089 TOTAL ASSETS LESS CURRENT LIABILITIES 134,806 128,886 NET ASSETS 134,806 128,886 FUNDS Unrestricted funds Reslricled funds 134,806 128,886 134,806 128,886 The financial statements were approved by the Board of Trustees and were signed on its behalf by.. L Pickup- Vice Chairman Trustee 03 Jun 2025 Date.. The notes form part of these financial statements Page 6 Kingswood Community Association Notes lo the Financial Statements for the Year Ended 31 March 2025 1. ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities leffective April 20081, the Charities Act 2011 and the requirements of the Slataement of Recommended Practice, Accounting and Reporting by Charities. Incoming resources All incoming resources are included on the Ststemenl of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed to particular headings they have been allocated lo activities on a basis consislenl with the use of resources. Tangible flxed assets Tangible assets are initially recorded at cost and subsequently ststed al cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value al the date of the revaluation less any subsequent accumulated depreciation and impairment losses. An increase in the carrying value of an asset as a result of a revaluation is recognised in other recognised gains and losses unless il reverses a charge for impairment that has been previously recognised as expenditure within the statement of financial activities. A decrease in the carrying value of an asset as a result of a revaluation is recognised in other recognised gains and losses except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial aclivilies. Depreciation Depreciation is calculated so as lo write off the cost or valuation of an asset less ils residual value over the useful economic life of that asset as follows.. Freehold property Equipment and furniture 20/0 slraighl line on buildings 200A straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date with the recoverable amount being estimated where such indicators exist. Where the carrying value exTreds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing when it Is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash- generating unit to which the asset belongs. The Cash￿enerating unit Is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. Page 7 Kingswood Community Association Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 1. ACCOUNTING POLICIES- contlnued Impaimient of fixed assets - continued For impairment lesling of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash%eneraling units that are expected lo benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned lo those units. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present locats'on and condition. Taxation The charity is exempt from tax on ils charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitsble objectives at the discretion of the Trustees. Reslricled funds can only be used for particular restricted purFioses within the objects of the charity. Reslriclion arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial slalements. 2. ACTIVITIES FOR GENERATING FUNDS 2026 Unrestricted 2024 Total Reslricled KCA Social club Canteen Groups and club lellings Car park rents 9,840 7,800 93,220 6,941 85,543 3,568 109,801 97,112 3. TRUSTEES. REMUNERATION AND BENEFITS There are no Iruslees. remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees. expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page 8 Kingswood Community Association Notes to the Financial Statements- continued fc)r the Year Ended 31 March 2025 4. STAFF COSTS The total staff costs and employee benefits for the reporting period are analysed as follows. 2025 2024 Wages and salaries 53,108 48,108 The average number of employees during the period was No employee received employee benefits of more than £60,000 during the year12024.' Nill. S. TANGIBLE FIXED ASSETS Freehold property Equipment Total Cost brought fOn￿ard Additions Disposals Cost carried forward 258,068 20,010 278,078 256,068 20,010 276,078 Accumulated depreciation brought forward Charge for the period Disposals 149,272 4,663 20,009 169,281 4,663 153,935 20,009 173,944 Nat book valu& at 31 March 2025 102,133 102,134 Nel book value al 31 March 2024 10S,796 10S,797 6. STOCKS 2025 24 Raw materials and consumables 10 10 7. DEBTORS 2025 2024 Trade debtors Loan with Kingswood Community Social Club 13,089 600 5,432 1,800 13,689 7,232 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Accruals Social security and other taxes Wages 353 1,800 161 4,921 229 3,444 573 4,918 7,235 9,164 Page 9 Kingswood Community Association Notes to the Financial Statements - continued for the Year Ended 31 March 2025 9. MOVEMENT OF FUNDS Nel movement in funds A131 March 2025 At 1 April 2024 Unrestricted funds General fund Rgstri¢ted funds GB Britton 128,886 5,920 134,806 TOTAL FUNDS 128,886 5,920 134,806 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrl¢ted funds General fund Restricted funds GB Britton 110,526 {104,6061 5,920 TOTAL FUNDS 110,526 104,606 5,920 Comparatives for movement in funds Nel movement in funds A131 March 2024 Al 1 April 2023 Unrestricted funds General fund Restricted funds GB Britton 139,647 110,7611 128,886 TOTAL FUNDS 139,647 10,761 128,886 Comparative nel movement in funds, included in the above are as follows.. Incoming reSoUr￿S Resources expended Movement in funds Unrestricted funds General fund Restricted fund8 GB Britton 98,105 1108,8661 110,7611 TOTAL FUNDS 98,105 1108,8661 110,7611 Page 10 Kingswood Community Association Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 10. RELATED PARTIES Kingswood Community Association Social Club The balances are not consolidated are.. 2025 2024 IDeficitllsurplus for the period - before payments lo the KCA Payments to the KCA 18,5841 8,840 7,779 7,800 Surpluslldeficitl for the period 117,4241 {211 Accumulated fund brought forward 3,312 3,333 Accumulated fund carried fotward 14,112 3,312 Page 11 Kingswood Community Association for the Year Ended 31 March 2025 The following pages do not form part of the financial statements Page 12 Kingswood Community Association Detailed Statement of Financial Activities for the Year Ended 31 March 2025 2025 Unrestricted Restricted 2024 Unrestricted Restricted INCOMING RESOURCES Voluntary income Donations Membership subscriptions 725 993 725 993 Actlvltles for generatlng funds KCA Social club Cante8n 9,840 7,800 Penalty clauses Groups and club lettings Car park ￿Thts Grants 12001 93,220 6,941 200 85,543 3,568 109,801 97,112 Total Incomlng resources 110,526 98,105 RESOURCES EXPENDED Charltable actlvltles Penalty clauses refunds 11501 11,2001 11501 11,2001 Support Costs Managernent staff costs 153.1081 148.1081 Premises costs Communications & IT Printing & stationery Insurances & licenses Donations Sundries Depreciation 131,8221 17401 14241 111,2091 141,9101 16661 12121 17,4951 1501 16291 14,6631 1901 14,6631 Financ• Finance costs Acoountsncy 14541 11.9461 14891 13.4441 104,456 107.666 Transfers belween fund TOTAL RESOURCES EXPENDED 1104.6C61 1108.8661 Net lexpenditurellin¢ome 5,920 110.7611 This page does not form part of the slalutory financial slatetnents Page 13