**REGISTERED CHARITY NUMBER: 302000**
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
Hopper Williams & Bell Limited Chartered Accountants Highland House Mayflower Close Chandler's Ford Eastleigh Hampshire SO53 4AR
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
The objects of the Association are to promote the benefit of the inhabitants of Woolston and the neighbourhood by providing facilities for social welfare and recreation.
The Association organises events and activities for its members within its objects and constitution.
The trustees confirm that they have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in deciding what activities the charity should undertake.
The Association also manages Woolston Community Centre at Church Road, under a lease from Southampton City Council.
In January 2013, the lease of the Community Centre was renewed. The lease term is 25 years at a nominal rent of £1 per annum.
In 2000 a Woolston Millennium Garden project was initiated as part of the Association under the supervision of a Garden Fund Committee. The project raised funds towards and developed a community garden in Woolston on a site on which a lease was granted by Southampton City Council. It was opened in April 2002. The Committee now manages the maintenance of the garden.
In July 2016, the lease of the Millennium Garden was renewed. The lease term is 15 years at a nominal rent of £1 per annum.
## **ACHIEVEMENT AND PERFORMANCE**
Throughout the year under review, the Charity has continued to provide facilities for social welfare and recreation for the inhabitants of Woolston and the neighbourhood.
Fundraising for the Woolston Millennium Garden continued towards the maintenance costs of the garden.
The Community Centre, in partnership with day services from Southampton County Council, has continued to offer day care for adults with learning difficulties.
Page 1
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **FINANCIAL REVIEW**
The reserve funds of each section of the Charity are retained at a level so as total current assets are sufficient to cover six months running costs of each section.
The accounts show a deficit for the year ended 31 December 2024 of £1,243 (2023: a deficit of £2,166).
The Community Association shows a surplus of £2,619 (2023: a surplus of £64), which has been added to the surplus brought forward and held in a separate fund. The General Fund is an unrestricted income reserve. At 31 December 2024 the balance of this reserve was £23,888 (2023: £26,769).
The Woolston Community Centre shows a deficit of £863 (2023: a deficit of £1,884), which has been deducted from the General Fund. The Woolston Community Centre fund is a restricted income reserve available for the specific purposes of the Community Centre. At 31 December 2024 the balance of this reserve was £33,273 (2023: £29,136).
The Woolston Millennium Garden project shows a deficit of £2,999 (2023: a deficit of £346), which has been deducted from the General Fund. The Millennium Garden fund is a restricted income reserve available for the specific purposes of the Millennium Garden project. At 31 December 2024 the balance of this reserve was £1,196 (2023: £3,695).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is governed by a constitution dated 15 April 1999.
Full membership is open to all persons over 18 in the area of benefit. Junior and associate members may also join the Association.
The policy and general management of the affairs of the Association is directed by the General Committee, which is made up of trustees of the charity, and meets not less than four times a year. Honorary officers are appointed annually from the membership and shall serve on the committee.
The charity appointed A R Kershaw to examine the accounts for the year under review.
Page 2
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Charity name: Woolston and District Community Association
Registered charity number: 302000
Charity's principal address: Church Road, Woolston, Southampton, SO19 9FU
The President of the Association for the period 1 January 2024 to 31 December 2024 was L Tyrie.
Names of the charity trustees who manage the charity:
|**Association:**||
|---|---|
|Chair:|J Winstanley|
|Vice Chair:|Dr P Spencer|
|Treasurer:|M Nelson|
|Secretary:|R Badham|
|Membership Secretary:|L Bown|
|Publicity Officer:|S Kwong|
|Publicity Officer (Website):|T Lo*|
|**Centre Committee:**||
|Chair:|B Wake|
|Assistant Treasurer:|T Leung|
|Booking Secretary:|A Lowe|
|**Millennium Garden Committee:**||
|Chair:|G Pullin*|
* served during the year but not Trustees of the charity
The following Trustees served on the General Committee during the year:
|K Atkins (resigned 16 October 2024)|Dr P Spencer|
|---|---|
|R Badham|L Steege (resigned 05 February 2024)|
|L Bown|L Tyrie (resigned 24 June 2024)|
|E Cleverley (resigned 5 November 2024)|M Villar (resigned 25 April 2024)|
|S Kwong|B Wake|
|T Leung (appointed 26 September 2024)|M Wake|
|A Lowe (resigned 13 June 2024)|J Winstanley|
|A McGough|K Wythe (resigned 24 June 2024)|
|M Nelson||
Approved by order of the board of trustees on 24 April 2025 and signed on its behalf by:
J Winstanley – Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **Independent examiner's report to the trustees of Woolston & District Community Association**
I report to the charity trustees on my examination of the accounts of Woolston & District Community Association (the Trust) for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Kershaw FCCA
Hopper Williams & Bell Limited Chartered Accountants Highland House Mayflower Close Chandler's Ford Eastleigh Hampshire SO53 4AR
24 April 2025
Page 4
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Unrestricted**
**Restricted**
**funds**
**funds**
Notes
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**2,714**
**3,021**
**Charitable activities**
4
Community Association
**999**
**-**
Community Centre
**-**
**36,387**
Investment income
3
**-**
**252**
**Total**
**3,713**
**39,660**
**EXPENDITURE ON**
**Charitable activities**
5
Community Association
**1,094**
**-**
Community Centre
**-**
**39,062**
Millennium Garden
**-**
**4,460**
**Total**
**1,094**
**43,522**
**NET INCOME/(EXPENDITURE)**
**2,619**
**(3,862)**
**Transfers between funds**
**(5,500)**
**5,500**
**Net movement in funds**
**(2,881)**
**1,638**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**26,769**
**32,831**
**TOTAL FUNDS CARRIED FORWARD**
**23,888**
**34,469**|**2024**
**Total**
**funds**
**£**
**5,735**
**999**
**36,387**
**252**
**43,373**
**1,094**
**39,062**
**4,460**
**44,616**
**(1,243)**
**-**
**(1,243)**
**59,600**
**58,357**|2023
Total
funds
£
1,503
843
31,317
198
33,861
989
33,899
1,139
36,027
(2,166)
-
(2,166)
61,766
59,600|
|---|---|---|
The notes form part of these financial statements
Page 5
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **BALANCE SHEET 31 DECEMBER 2024**
|**Unrestricted**
**Restricted**
**funds**
**funds**
Notes
**£**
**£**
**FIXED ASSETS**
Tangible assets
12
**-**
**1,048**
**CURRENT ASSETS**
Debtors
13
**2,000**
**9,643**
Cash at bank and in hand
**22,134**
**33,419**
**24,134**
**43,062**
**CREDITORS**
Amounts falling due within one year
14
**(246)**
**(9,641)**
**NET CURRENT ASSETS**
**23,888**
**33,421**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**23,888**
**34,469**
**NET ASSETS**
**23,888**
**34,469**
**FUNDS**
15
Unrestricted funds:
Community Association
Restricted funds:
Community Centre
Community Centre Reserve Fund
Millennium Garden
**TOTAL FUNDS**|**2024**
**Total**
**funds**
**£**
**1,048**
**11,643**
**55,553**
**67,196**
**(9,887)**
**57,309**
**58,357**
**58,357**
**23,888**
**28,948**
**4,325**
**1,196**
**34,469**
**58,357**|2023
Total
funds
£
1,232
10,919
56,045
66,964
(8,596)
58,368
59,600
59,600
26,769
24,636
4,500
3,695
32,831
59,600|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 24 April 2025 and were signed on its behalf by:
J Winstanley – Trustee
The notes form part of these financial statements
Page 6
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1.
## **Income**
Incoming resources are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability.
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
The value of any voluntary help received is not included in the accounts.
Investment income is included in the accounts when receivable.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Tangible fixed assets for use by charity are capitalised if they can be used for more than one year, and cost at least £150. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation is calculated to write down the cost of fixtures, fittings and equipment and plant and machinery over its effective life at the rate of 15% per annum on a reducing balance basis. Depreciation is calculated to write down the cost of improvements to property over the term of the lease.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 7
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions 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 statements.
## **2. DONATIONS AND LEGACIES**
|Donations
Grants
Subscriptions|**2024**
**£**
**2,021**
**3,500**
**214**
**5,735**|2023
£
1,293
-
210|
|---|---|---|
|||1,503|
Grants were received of £2,500 from SCC for graffiti removal and £1,000 from Southern Water.
## **3. INVESTMENT INCOME**
|Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Keep fit
Community Association
Hall hire
Community Centre
Events
Community Centre|**2024**
**£**
**252**
**2024**
**£**
**999**
**36,153**
**234**
**38,386**|2023
£
198
2023
£
843
30,755
562|2023
£
198|
|---|---|---|---|
|||32,160||
continued...
Page 8
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **5. CHARITABLE ACTIVITIES COSTS**
|Community Association
Community Centre
Millennium Garden
**6.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
**Millennium Garden:**
Cleaning and gardening
Sundries
**Community Association:**
Keep Fit
Meeting costs
Printing, postage and stationery
Independent Examiner's Fees
**Community Centre:**
Cleaning and gardening
Cleaning materials reimbursement
Insurance
Computer expenses and subscriptions
Rates, water and waste collection
Rates, water and waste collection reimbursement
Heat and light
Heat and light reimbursement
Telephone and Internet
Repairs and renewals
Depreciation
Independent Examiner's Fees
Bookkeeping
Bad debts|**Direct**
**Costs (see**
**note 6)**
**£**
**1,094**
**39,062**
**4,460**
**44,616**
**2024**
2023
**£**
£
**4,437**
1,139
**23**
-
**740**
700
**30**
20
**-**
47
**324**
222
**10,330**
8,638
**(503)**
(484)
**394**
2,308
**541**
491
**4,874**
5,852
**(2,082)**
(2,290)
**27,689**
18,918
**(11,553)**
(6,707)
**608**
562
**4,373**
3,753
**184**
218
**3,174**
2,640
**330**
-
**703**
-
**44,616**
36,027|
|---|---|
continued...
Page 9
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
210
1,293
**Charitable activities**
Community Association
843
-
Community Centre
-
31,317
Investment income
-
198
**Total**
1,053
32,808
**EXPENDITURE ON**
**Charitable activities**
Community Association
989
-
Community Centre
-
33,899
Millennium Garden
-
1,139
**Total**
989
35,038
**NET INCOME/(EXPENDITURE)**
64
(2,230)
**RECONCILIATION OF FUNDS**
Total funds brought forward
26,705
35,061
**TOTAL FUNDS CARRIED FORWARD**
26,769
32,831|**Total**
**funds**
**£**
1,503
843
31,317
198
33,861
989
33,899
1,139
36,027
(2,166)
61,766
59,600|
|---|---|
continued...
Page 10
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **9. GRANTS PAYABLE**
The charity has made no grants during the year.
## **10. STAFF COSTS**
The charity has had no paid employees during the year.
## **11. ACCOUNTANCY FEES**
Fees paid to the charity's accountants for the preparation and independent examination of the accounts totalled £3,156 (2023: £2,784).
## **12. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||
|---|---|
|**Fixtures**
**Long**
**Plant and**
**and**
**leasehold**
**machinery**
**fittings**
**£**
**£**
**£**
**COST**
At 1 January 2024 and 31 December 2024
**42,892**
**4,434**
**11,202**
**DEPRECIATION**
At 1 January 2024
**42,892**
**3,406**
**10,998**
Charge for year
**-**
**154**
**30**
At 31 December 2024
**42,892**
**3,560**
**11,028**
**NET BOOK VALUE**
At 31 December 2024
**-**
**874**
**174**
At 31 December 2023
-
1,028
204
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2024**
**£**
Trade debtors
**5,597**
Other debtors
**2,234**
Prepayments and accrued income
**3,812**
**11,643**|**Totals**
**£**
**58,528**|
||**57,296**
**184**|
||**57,480**|
||**1,048**|
||1,232|
||2023
£
863
2,000
8,056|
||10,919|
## **13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
continued...
Page 11
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||||**2024**|2023|
|---|---|---|---|---|
||||**£**|£|
|Trade creditors|||**1,090**|-|
|Other creditors|||**8,797**|8,596|
||||**9,887**|8,596|
|**MOVEMENT IN FUNDS**|||||
|||**Net**|**Transfers**||
|||**movement**|**between**|**At**|
|**At 1.1.24**||**in funds**|**funds**|**31.12.24**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|Community Association|**26,769**|**2,619**|**(5,500)**|**23,888**|
|**Restricted funds**|||||
|Community Centre|**24,636**|**(1,363)**|**5,675**|**28,948**|
|Community Centre Reserve Fund|**4,500**|**500**|**(675)**|**4,325**|
|Millennium Garden|**3,695**|**(2,999)**|**500**|**1,196**|
||**32,831**|**(3,862)**|**5,500**|**34,469**|
|**TOTAL FUNDS**|**59,600**|**(1,243)**|**-**|**58,357**|
|Net movement in funds, included in the above are as follows:|||||
|||**Incoming**|**Resources**|**Movement**|
|||**resources**|**expended**|**in funds**|
|||**£**|**£**|**£**|
|**Unrestricted funds**|||||
|Community Association||**3,713**|**(1,094)**|**2,619**|
|**Restricted funds**|||||
|Community Centre||**37,699**|**(39,062)**|**(1,363)**|
|Community Centre Reserve Fund||**500**|**-**|**500**|
|Millennium Garden||**1,461**|**(4,460)**|**(2,999)**|
|||**39,660**|**(43,522)**|**(3,862)**|
|**TOTAL FUNDS**||**43,373**|**(44,616)**|**(1,243)**|
**15. MOVEMENT IN FUNDS**
continued...
Page 12
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||**Net**|**Transfers**||
|---|---|---|---|---|
|||**movement**|**between**|**At**|
||**At 1.1.23**|**in funds**|**funds**|**31.12.23**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|Community Association|26,705|64|-|26,769|
|**Restricted funds**|||||
|Community Centre|27,020|(1,884)|(500)|24,636|
|Community Centre Reserve Fund|4,000|-|500|4,500|
|Millennium Garden|4,041|(346)|-|3,695|
||35,061|(2,230)|-|32,831|
|**TOTAL FUNDS**|61,766|(2,166)|-|59,600|
|Comparative net movement in funds, included in the above are as follows:|||||
|||**Incoming**|**Resources**|**Movement**|
|||**resources**|**expended**|**in funds**|
|||**£**|**£**|**£**|
|**Unrestricted funds**|||||
|Community Association||1,053|(989)|64|
|**Restricted funds**|||||
|Community Centre||32,015|(33,899)|(1,884)|
|Millennium Garden||793|(1,139)|(346)|
|||32,808|(35,038)|(2,230)|
|**TOTAL FUNDS**||33,861|(36,027)|(2,166)|
continued...
Page 13
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **15. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||**Net**|**Transfers**||
|---|---|---|---|---|
|||**movement**|**between**|**At**|
||**At 1.1.23**|**in funds**|**funds**|**31.12.24**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|Community Association|26,705|2,683|(5,500)|23,888|
|**Restricted funds**|||||
|Community Centre|27,020|(3,247)|5,175|28,948|
|Community Centre Reserve Fund|4,000|500|(175)|4,325|
|Millennium Garden|4,041|(3,345)|500|1,196|
||35,061|(6,092)|5,500|34,469|
|**TOTAL FUNDS**|61,766|(3,409)|-|58,357|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|Community Association|4,766|(2,083)|2,683|
|**Restricted funds**||||
|Community Centre|69,714|(72,961)|(3,247)|
|Community Centre Reserve Fund|500|-|500|
|Millennium Garden|2,254|(5,599)|(3,345)|
||72,468|(78,560)|(6,092)|
|**TOTAL FUNDS**|77,234|(80,643)|(3,409)|
The following restricted funds are held:
## **Community Centre Fund**
Restricted income fund available for the specific purposes of Woolston Community Centre.
## **Community Centre - Reserve Fund**
Restricted income fund available for the specific purpose of the maintenance of Woolston Community Centre.
## **Millennium Garden Fund**
Restricted income fund available for the specific purpose of the Millennium Garden project.
continued...
Page 14
**WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024.
Page 15
continued...
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Community Centre:**
**INCOME**
Donations
Grants
Deposit account interest
Hall hire
Events
**EXPENDITURE**
Cleaning and gardening
Cleaning materials reimbursement
Insurance
Computer expenses and subscriptions
Rates, water and waste
Rates, water and waste reimbursement
Heat and light
Heat and light reimbursement
Telephone and internet
Repairs and renewals
Depreciation
Independent examiner's fees
Bookkeeping
Bad debts
**Net income / (expenditure)**|**2024**
**£**
**560**
**1,000**
**252**
**36,153**
**234**
**38,199**
**10,330**
**(503)**
**394**
**541**
**4,874**
**(2,082)**
**27,689**
**(11,553)**
**608**
**4,373**
**184**
**3,174**
**330**
**703**
**39,062**
**(863)**|2023
£
500
-
198
30,755
562|
|---|---|---|
|||32,015|
|||8,638
(484)
2,308
491
5,852
(2,290)
18,918
(6,707)
562
3,753
218
2,640
-
-|
|||33,899|
|||(1,884)|
This page does not form part of the statutory financial statements
Page 16
## **WOOLSTON & DISTRICT COMMUNITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Community Association:**
**INCOME**
Grants
Subscriptions
Keep fit
**EXPENDITURE**
Keep Fit
Meeting costs
Printing, postage and stationery
Independent examiner's fees
**Net income / (expenditure)**
**Millennium Garden:**
**INCOME**
Donations
**EXPENDITURE**
Cleaning and gardening
Sundries
**Net income / (expenditure)**
**Total**|**2024**
**£**
**2.500**
**214**
**999**
**3,713**
**740**
**30**
**-**
**324**
**1,094**
**2,619**
**2024**
**£**
**1,461**
**1,461**
**4,437**
**23**
**4,460**
**(2,999)**
**(1,243)**|2023
£
-
210
843|
|---|---|---|
|||1,053|
|||700
20
47
222|
|||989|
|||64|
|||2023
£
793|
|||793|
|||1,139
-|
|||1,139|
|||(346)|
|||(2,116)|
This page does not form part of the statutory financial statements
Page 17