## **Trustees’ Annual Report for the period** **From 1 April 2024 Period start date To 31 March 2025** ## **Charity name: Adeyfield Neighbourhood Association** ## **Charity registration number:** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The day to day management of**
**Adeyfield community centre**
**The provision of space for the benefit of**
**the community.**
**To facilitate groups, clubs, life events,**
**educational, recreational and social**
**intercourse**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**The provision of space for the benefit of**
**the community.**
**To facilitate groups, clubs, life events,**
**educational, recreational and social**
**intercourse**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees have regard to the**
**guidance issued.**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The centre remains a busy and vibrant**
**centre and a hub for the local**
**community.**
**The \trustees note the range of activities**
**for young, families and the elderly**
**broadly reflects the nature of our local**
**community.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Chairman was pleased to report to**
**the Trustees and members that**
**considering the loss of the long term**
**centre manager the accounts are in**
**good order.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**ANA have now set aside reserve**
**funding.**| |Amount of reserves held|Para 1.22|**£25K**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**None**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**By nomination, seconder and approval**
**by majority vote at the AGM**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Adeyfield Neighbourhood Association| |---|---| |Other name the charity uses|Adeyfield community centre| |Registered charity number|| |Charity’s principal address|Adeyfield community centre
The Queens Square
Hemel Hempstead
Hertfordshire
HP2 4EW| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||GaryPentcost|Chairman||| ||William Wyatt-
Lowe|||| ||Vacant|||Council appointed| ||Vacant|||Council appointed| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Julie Banks **Full name(s)** Julie Banks **Position (eg Secretary,** Centre Manager **Chair, etc)** **Date** 23 March 2026 ## **Adeyfield Neighbourhood Association Income & Expenditure account for the year ended 31 March 2025** |Note
**Income**
Income from Regular Clients
2
Income from Occasional Clients
2
Income from Grants
Miscellaneous Income
**Total Income**
**Direct Costs**
ANA Wages & Pensions
3
Staff Cover
Staff Training & welfare
**Expenses & Overheads**
**Income less Direct Costs**
**Expenses**
Advertising, Honoraria, Travel, Subsistence
Bank Charges
Utilities
Waste Disposal
New and Replacement Equipment
Repairs and Maintenance
Cleaning & Cleaning Materials
Presentations, Gifts, etc
Insurance
Accounting & Professional Fees
Office Supplies, Stationery, Postage
Communications
Event costs
Membership, Subscriptions, Licenses
Sundry
Depreciation
**Net Surplus**|**£**
**£**
45,026
48,351
0
0
93,377
53,934
0
1,028
54,961
38,415
0
291
19,787
2,882
0
5,942
3,162
0
1,008
2,731
1,107
1,710
0
1,017
0
0
39,638
-1,223
**2025**|**£**
**£**
44,397
59,129
0
0
103,526
61,796
0
295
62,091
41,435
0
30,819
3,481
0
9,323
2,769
0
1,239
1,260
836
2,601
1,117
948
1,001
0
55,395
-13,960
**2024**|**£**
**£**
44,397
59,129
0
0
103,526
61,796
0
295
62,091
41,435
0
30,819
3,481
0
9,323
2,769
0
1,239
1,260
836
2,601
1,117
948
1,001
0
55,395
-13,960
**2024**| |---|---|---|---| ||||| ||||-13,960| ## **Adeyfield Neighbourhood Association Balance sheet as at 31 March 2025** |Note
**Fixed assets**
Tangible assets
4
Acquisitions
Depreciation
**Current assets**
Debtors
5
Cash at bank and in hand
Prepayments
Uncleared / Unpresented cheques
**Current liabilities**
Other creditors
6
Accruals
6
Deposits held
**Net current assets**
**Total assets less current liabilities**
**Funds**
Brought forward
Net Surplus / (Loss) for the year
Carried forward|**£**
**£**
0
0
0
0
0
64,776
0
0
64,776
0
2,268
1,550
3,818
60,958
60,958
62,181
-1,223
60,958
**2025**|**£**
**£**
0
0
0
0
0
64,931
0
0
64,931
0
1,200
1,550
2,750
62,181
62,181
76,141
-13,960
62,181
**2024**|**£**
**£**
0
0
0
0
0
64,931
0
0
64,931
0
1,200
1,550
2,750
62,181
62,181
76,141
-13,960
62,181
**2024**| |---|---|---|---| ||||62,181| ||||76,141
-13,960| ||||62,181| These financial statements were approved by the members of the committee and are signed on their behalf. Gary Penticost Chairman Date ## **Adeyfield Neighbourhood Association** ## **Notes to the accounts for the year ended 31 March 2025** ## 1 Accounting Policies ## 1.1 Accounting convention These accounts have been prepared on the basis of historic cost in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); - and with the Charities Act. ## 1.2 Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ |2
2025
2024
• Hicks & Co
1,260
1,200
3
2025
2024
Gross wages and benefits in kind
49,581
54,380
Pension costs
4,353
7,416
53,934
61,796
Average number of full-time equivalent employees in the year
3.0
3.0
4 Tangible fixed assets
2025
2024
• Cost
Equipment, fixtures & fittings
Balance brought forward
2,576
2,576
Additions
0
0
Disposals
0
0
Balance carried forward
2,576
2,576
• Accumulated depreciation
Equipment, fixtures & fittings
Balance brought forward
2,576
2,576
Depreciation charge for year
0
0
Disposals
0
0
Balance carried forward
2,576
2,576
• Net book value
Equipment, fixtures & fittings
Brought forward
0
0
Carried forward
0
0
5 Debtors & Prepayments
2025
2024
Trade debtors
0
0
Prepayments and accrued income
0
0
0
0
Fees for examination of the accounts
Staff costs||2025
1,260
2025
49,581
4,353|2024
1,200
2024
54,380
7,416| |---|---|---|---| |||53,934|61,796| |||0|0| ## **Adeyfield Neighbourhood Association** ## **Notes to the accounts (continued) for the year ended 31 March 2025** |6 Creditors & Accruals
Loans and overdrafts
Other Creditors
Accruals and deferred income||2025
0
0
3,818|2024
0
0
2,750| |---|---|---|---| |||3,818|2,750| ## 7 Related party transactions Any related party transactions are shown in the trustee's annual report. ## **Adeyfield Neighbourhood Association Income & Expenditure account for the year ended 31 March 2025** |Note
**Income**
Income from Regular Clients
2
Income from Occasional Clients
2
Income from Grants
Miscellaneous Income
**Total Income**
**Direct Costs**
ANA Wages & Pensions
3
Staff Cover
Staff Training & welfare
**Expenses & Overheads**
**Income less Direct Costs**
**Expenses**
Advertising, Honoraria, Travel, Subsistence
Bank Charges
Utilities
Waste Disposal
New and Replacement Equipment
Repairs and Maintenance
Cleaning & Cleaning Materials
Presentations, Gifts, etc
Insurance
Accounting & Professional Fees
Office Supplies, Stationery, Postage
Communications
Event costs
Membership, Subscriptions, Licenses
Sundry
Depreciation
**Net Surplus**|**£**
**£**
45,026
48,351
0
0
93,377
53,934
0
1,028
54,961
38,415
0
291
19,787
2,882
0
5,942
3,162
0
1,008
2,731
1,107
1,710
0
1,017
0
0
39,638
-1,223
**2025**|**£**
**£**
44,397
59,129
0
0
103,526
61,796
0
295
62,091
41,435
0
30,819
3,481
0
9,323
2,769
0
1,239
1,260
836
2,601
1,117
948
1,001
0
55,395
-13,960
**2024**|**£**
**£**
44,397
59,129
0
0
103,526
61,796
0
295
62,091
41,435
0
30,819
3,481
0
9,323
2,769
0
1,239
1,260
836
2,601
1,117
948
1,001
0
55,395
-13,960
**2024**| |---|---|---|---| ||||| ||||-13,960| ## **Adeyfield Neighbourhood Association Balance sheet as at 31 March 2025** |Note
**Fixed assets**
Tangible assets
4
Acquisitions
Depreciation
**Current assets**
Debtors
5
Cash at bank and in hand
Prepayments
Uncleared / Unpresented cheques
**Current liabilities**
Other creditors
6
Accruals
6
Deposits held
**Net current assets**
**Total assets less current liabilities**
**Funds**
Brought forward
Net Surplus / (Loss) for the year
Carried forward|**£**
**£**
0
0
0
0
0
64,776
0
0
64,776
0
2,268
1,550
3,818
60,958
60,958
62,181
-1,223
60,958
**2025**|**£**
**£**
0
0
0
0
0
64,931
0
0
64,931
0
1,200
1,550
2,750
62,181
62,181
76,141
-13,960
62,181
**2024**|**£**
**£**
0
0
0
0
0
64,931
0
0
64,931
0
1,200
1,550
2,750
62,181
62,181
76,141
-13,960
62,181
**2024**| |---|---|---|---| ||||62,181| ||||76,141
-13,960| ||||62,181| These financial statements were approved by the members of the committee and are signed on their behalf. Gary Penticost Chairman Date ## **Adeyfield Neighbourhood Association** ## **Notes to the accounts for the year ended 31 March 2025** ## 1 Accounting Policies ## 1.1 Accounting convention These accounts have been prepared on the basis of historic cost in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); - and with the Charities Act. ## 1.2 Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ |2
2025
2024
• Hicks & Co
1,260
1,200
3
2025
2024
Gross wages and benefits in kind
49,581
54,380
Pension costs
4,353
7,416
53,934
61,796
Average number of full-time equivalent employees in the year
3.0
3.0
4 Tangible fixed assets
2025
2024
• Cost
Equipment, fixtures & fittings
Balance brought forward
2,576
2,576
Additions
0
0
Disposals
0
0
Balance carried forward
2,576
2,576
• Accumulated depreciation
Equipment, fixtures & fittings
Balance brought forward
2,576
2,576
Depreciation charge for year
0
0
Disposals
0
0
Balance carried forward
2,576
2,576
• Net book value
Equipment, fixtures & fittings
Brought forward
0
0
Carried forward
0
0
5 Debtors & Prepayments
2025
2024
Trade debtors
0
0
Prepayments and accrued income
0
0
0
0
Fees for examination of the accounts
Staff costs||2025
1,260
2025
49,581
4,353|2024
1,200
2024
54,380
7,416| |---|---|---|---| |||53,934|61,796| |||0|0| ## **Adeyfield Neighbourhood Association** ## **Notes to the accounts (continued) for the year ended 31 March 2025** |6 Creditors & Accruals
Loans and overdrafts
Other Creditors
Accruals and deferred income||2025
0
0
3,818|2024
0
0
2,750| |---|---|---|---| |||3,818|2,750| ## 7 Related party transactions Any related party transactions are shown in the trustee's annual report.