Grange Fellowship Community Association Rcporl of the Trustc¢s and Financtal Slalomcnls For Ihe year ended 31 March 2025
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION CONTENTS PAGE FOR THE YEAR ENDED 31 MARCH 2025 Page Chafily inlomialion Truslees. Report ol independent examiner Consolidated statement of financial aclivities Consolidated and charily balance sheet Staloment of cash flows Notes lo Ihe linanrial staletnents 10-20
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Trustees and Govèrnors Name of Trustee Office held D Fullard (Appointed 1 Nr>vember 2022 R Keeble C Sniilh J Alkins Chmirman Vice Chaimian Treasurer sp.¢tAry G Mealing H Greyofy R Boon D Can)pbell D CoL)per T Kilchener C Alkins R Alkins Registered office Middlefields, Grange Eslale. LÈlchworth Garden City. Herts. SG6 4NG Governing document Coiislilulion adopted 19 April 2018 Charity rbumber 302420 Bankers Lloyds Bank plc. 88ncroft Branch. Hilchin. Hertfordshire. SGS 1JG Independent Examiner Martin VVilliJms. Unit 1b. Focus Four. Fourth Avenue. Letchworth SG6 2TU
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Irusiees submit their annual report and the financial slatemenls lor the year ended 31 March 2025.
The Iruslees conlimi Ihal th8 Annual Repori and Iinancial slalenienls of Ihe Associalioi) comply wilh Ihe
curicnt stalulory rcquircmcnts, Ihc Asswalion's govorning documcnl and Ihc provisions of the Slatcmcnt
ol Recomrnended Practice ISORPI. 11 ppli&1ble lo charitis prèpAring Iheir Rr.rrJunl% in a¢cordxnce with the
Financial Repvrtirig S13nd<ird appltcable in the UK and Republic of Ireland IFRS 1021. Tl)e fiiiaiiLial
slalonionts pro5cnlcd Includ¢ th¢ r¢8ults of the Association's subsidiary. Grango Commiinity Association
Sor.i31 Cluh Liniile.d.
OBJECTIVES AND ACTIVITIES
The Associ
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 202$ FINANCIAL REVIEW Al J1 Marcli 2U25 Ilie group held reserves of £74.380 lor general purposes and f1.190 as reslricted funds. The trustees have agreed lo hold the general reserves 10 cover futu rLinning costs. The restricted funds arp dpall with on i>age 18 of the accounts and relat to specific activitie5. The year hès been difficult the group carrying forwafd from the financial struggles caused by the Covid 19 pandeTnlC. The Tiny Hands PreschtM)I has been operating at lull capacily and ha5 been Inve51iDg in rnainlaining Lind improvinq tho facililios available Thc Iruslees bclicve Ihal tho charity lo inflationary imi)arl and ri%es the living ivage. cash will becnn)& restricted in the near future Forecas15 {)reF)ared hav& 51iowii the group will have a t)el cash iiiflow lor Ihe n8xI 12 moiith period. The parenl ai)d ils Iradii)g arm arc rcvicwing ways in which to limit costs and ovorhoads to improve this position If the charity continues to operate in line wth forecasts Ihere is Si9nificant doubt Ihal it will be able lo satisfy future performance obligation5. RISK ASSESSMENT 11 is the policy ol the Grdnge Fellowship Community Association to ensure. 50 lai a5 11 Is reasonably praclical. Ilie healll) anil safely and wellare ol ils employees ivhilsl Ihey are al work and ol olliers wlio Inay bp affec.tpd by their Undertakng5. It is also the Association's p(Ai¢y lo comply wth the Health & Safely al Wurk Act 1974 81)d ulher allie(5 relevant legislation as appropriate. The AssoLidliuii continually tissesse% biisiness fisk arld takes appropriale aclion as necessary. STRUCTURE. GOVERNANCE AND MANAGEMENT The Association Is a registed chanly INO. 3024201 eslablished by a conslilulion and managed on a day lo day basis by the Trustees as listed on page 1 All Iruslees give their time voluntary and receive no rcTriuncralion or olhor boncfils. Whcre appiopnalc. all staff. have Ihc appropriatc qiialilicalions aiid all whc) are Involved in the running of the pre-school ale DBS checked. New Trusiees are appointed and appioved by Ihe e¥isling board as and when required. The Tiuslees ¢onlifm Ihdl they h<ive given due regard lo the guidance published by the Charity Commissioll on publi bontrlit. We havc Iiiiliatcd tho pr(Kcss for a DBS IDisdosure & 83Ing S¢rvicci check fof all Iruslccs as well 2S thg T1nyh2nd% staff due lo the Ofsted guidance. Tho Associalitsn ha5 a wholly owned subsidtary. Iho Grange Community Associ31ion Social Club Limited A donation o13ny prolits Is made annually 10 the Association In pursuil ol Ihe Associalions, obieclives. TRAINING AND COMMUNICATIONS Specific training Is required on a wular basis for some or all employees. This training could Include son)e or all ol the following-. Fire Sdfely First Aid DSE Manual Handling PPE A11 Ir<1ining will be recorded on an Employee Heallh & Safely Training record. These records will be relai(ie(J lor a mininium periixl of len years.
GRANGE FELLOIAISHIP COMMUNITY ASSOCIATION TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 HEALTH & SAFETY POLICY This is a statement of general policy by the Grange Fellowship CommvnilyAssociaiion. about Ils inlenlions, organi5alioilS and arraiigei¥)Èiils lor ènsuring Ilie h*allh aiid safety 41 WQTk uf its effiployees, and the physical safely ol visitors and conlraclors. whilst on Ihe premises or siles undei Ihe control of Ihe Association STATEMENT OF TRUSTEES. RESPONSIBILITIES The chanly ITUStees are responsible for Pfeparing a twstees. annual report and financjal statements In accordance with ap1¢able law and united Kingdcm Accwnling Standards (United Kinodom Generally AL¢Èpled Aonting Praclicel. Law xppliexblo lth chxrilios in EnglxrKI & Wales rpquifes Iho Iruslees lo prepare financial slalenienl8 lor 0h financial year which give a true and fair v5ew of Ihe Chaty.5 financi31 activities during the year anc5 01 Ils fiiiaricial posilioii al the end of the ye3r_ ITr preparing finanoal 51alemen15 givillg a ITue ai)d lair view, the Iruslees sh(ILJld lollow best praclice and-. solo¢l suitable Accounlirtg policies and apply Ihcrn consisienity. obsetve the meihods and principle5 In Ihe Charilies SORP -Accounling and Reportsng by Charitses- riiake iudgcnionis and osliniales Ihal rttasonablt arid prudoril". %lalo. viliolhor xpplicabltr a¢counlin9 slxnd3rds And $tmeI8 ol rccornmcndcd praclicc havc been followed. subject lo any departures disdosed and explained in Ihe financial 5tstements Iirepare the financial slalemenls on the wing conrn basis unless il is inappropriate lo pSuMe that the Charity will conknnJe in operalion. The trustees are respJi)sible for keepiiw accounting rec(xds which disclose bmlh reasoiiable accuracy the financi31 p051tion ttf the charity and which enaNe them lo ascertain Ihe financial i)usilion of the harily and which cnablc Ihcm lo ensurc Ihal Ihe financial slatcnienls comply wlh lh¢ Cliarilics A¢1 2011 aiid the Chanly (Accounls aiid Rcportsl Rcgulalions and ilie pro'11510ns ol tsio A.8$0ty8lion's constitution. They are also responsible for safeguarding the assels of the chariiy and hei)ce lor taking rea%onablp 8lpps for Ihp prevention Cind deleclir)n al Iraijd and olhei iri8gularili8s. This report ivas approved by the Trustees on J211112>. ............. D Fullard ICh2irmAnl
GRANGE FELLOWSHIP COMMUNSTY ASSOCIATION REPORT OFTHE INDEPENDENT EXAMINER FOR THE YEAR ENDED 31 MARCH 2025 I repod to the charity tru51ees on my examination ol the consolidated ¥counl% of the Charity f()r th year ended 31 March 2025 ivhich are set out on pages 6 to 19. Responsibilities 3nd basis of report As Ihe charily's Iruslees you are fesponsible lor the preparalion oliheconsolidaled èccounls in aecor(Sance with Ihe requireftienls ol th8 Charibes Act 2011 rthe Acl'l. I report in respect of my examination ol the charity's consolidated accounts carried out undpr 8pclirJn 145 of the Acl and In carrying oul my examinalion I have lollowed 311 Ihe applicable Direclions given by Ih Chanly Cotnimission under seclion 14515llbl ol ihe Acl. Independent examiner's statement sin the charity's gross Inconie eXded £250.1)00 your examiner must be a member of a body Iisled in section 145 of the Act. I confirm that l am qualified lo undortako Ihtt oxan)inalion because l am a member of the Inslilule ol Cliaflered Accounls in EtvJlatvJ aiid Wale5, which Is one ol ihe Iisled bodies. I Iiilve Lompleled my exaniinauon. I confirm that no m8teri81 niatlers have conie lo my dtlenlioii in connection ivith the examination givin9 me cause to believe that in any material respect. accounting rOrdS were nol kepl in respecl of Ihe charily as required by seclion 130 01 the Acl," or the accoLJnls do not accord ¥vilh those records," ¢ Ihe accoLints do nol comply wilh Ihe appliGable reqiiiremenls concerninJ( the form and ctsnienl ol accounls sel oul In Ihe Chanlies (Accounls and Reporlsl RegiJlabon5 2008 olher than any requiremenl Ilidl the accounts give a'true and fair view. whrch is not a matter cx)nsidered as part of an independeiil examination The Iruslees have conduded Ihal perforniance obligations lor Ihe comin9 12 moiilhs will be niel alid Ihal Il remains appropriale to p¥epare Ihe charily's accounls on a goi1i9 nCern basis. Tlie Iruslees are aware that Il sufficient improvements to prolilability and ca%h flow Hre not made. the chrf111ty Ivill no longer he goiiig c.oiiceri) an(1 will have lo cease opefalions. Martin Williams ACA. FCCA Unit 1b, Focus Four Fourth Avenue Herts. SG6 2TU i£-II -ILoA % D¢?ted'.
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Notes Unre*icted Restricted Total Total Funds Funds 2025 2024 INCOME & ENDOWMENTS Other Ir8ding a¢ti¥ities 357.189 357.189 393,382 Charitable actItIeS 208.416 4.433 212,849 162,640 Total Income & Endowments 565.605 4.433 570.038 556.022 EXPENDITURE Olher trading ac¢i¥ilies 296.681 296,681 375,333 Chanta8 aclimtles 244.676 4.194 248,870 225.883 Other 10 13.026 13,026 13.579 Total expenditure 554.382 4.194 558.577 614.795 Nel lexperKJiturel for the year 11.223 238 11.461 l Jf8.7731 Net movements in funds for the year before other recognised gains and losses 11.223 238 11,461 158, 7731 U[eStGIed hjnds broughl f(xward al 1 Awl 2024 Reslricled funds brought ftyward at 1 April 2024 Transfers belween funds 60.660 60,660 3.449 102,405 20,478 3,449 12.4971 2.497 Funds balance5 carried forward at 31 March 2025 74.380 1.1 75.570 64,110 All the above results are denved from continuing 8ctsvities_ The ¢hanly hds no fecL¥Jn15ed gdlns or losbes. other than Ihp deficit for the above Ib¥o financial years. Tlie notes 011 pages 10 10 19 lorni parl of the financial stslementS.
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION CONSOLIDATED AND CHARITY BALANCE SHE AS AT 31 MARCH 2025 2025 2024 Notes Grou Chari Grou Charl FIXED A$sS.. Tangible assets 90.836 90.835 103.483 103,483 CURRENT A$ss. Stock 7.720 593 7,142 536 31,050 38.728 Debtors Cash at bank and in hand 23,166 41,653 64,819 24.373 20,507 44,880 52.775 61.089 CREDITORS= Arnounls falling due within i)ne year 75,940 17.208 77,680 32.865 NEf CURRENT ASSETS 47,611 12.015 NET ASSETS 75.985 138.447 fj4.531 115,498 FUNDS OF THE CHARITY Unrestricted funds 13 74.380 137.256 60.661 112,048 Restricted funds 13 1.1) 3.449 3,449 75.570 138.446 64.110 115,497 Issued share capital" 415 421 TOTAL CHARITY FUNDS 75,985 138.446 64.531 115,497 Thp fiiiancièl slalenienls ivcrc approved ai)d authonsod lor issuo by Ihe Board 011 23 /iz I and 8igned on Ils behalf by D Fullard Chairnian The notes on pag8s 10 10 20 form part of Ihe financial 5taletnent5.
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION STATEMENT OF CONSOLIDATED CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 Notes 2025 2024 Cash flows from operating activities Cash generated Irom operations 21.728 18.9281 Net cash from operatiThJ acli%ities 21.728 18,9281 Cash flows from investing activities Purchase ol tangitAe fixed assets MoEmenl in share cgpilal Nel cash from inSting actimties 12581 1341 12921 131 131 Cash flows finatxiatwJ acliulies Cash generated from Inancirvj actimlies Net cash trom financirg aclimties Decrease In cash arKI cash eqUIlent$ 21.725 19.2201 Cash and cash equilent5 at beginning of year 31.0 40.269 Cash and Cash equirentS al end ol year 52,775 31,050
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE STATEMENT OF CONSOLIDATED CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 111 Reconciliation of net income to cash generated from operations 2025 2024 Nel lexpenditurel for the year Oeprecialion charges 11,4 12,648 24,104 158 7391 13,305 145.4341 DeCa$ellincrease) in trade arHJ other deblors Decreasellincreasel In stock lrtreaselldecreasel in Ifade and other creditor5 1571 15781 11.7401 11.fj71 1,489 35.174 21.728 18,9281 121 Cash and cash equivalènts The amounts disclosed on Ihe stalemenl ol Gash llows in respect of cash armj Gash equivJlenls are in respect o these statement of finala1 position amounts. Yèar ended 31 March 2025 31.03.25 01.04.24 52.775 31.050 Year endèd 31 March 2024 31.03.24 01.04.23 31,050 40,269
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11 ACCOUNTING POLICIES al Basis of ac¢ountin9 Grange Fellowship Community Association is a charily bas in the United Kingdom. Thè address of the principal office 15 given Iry the charity Iriforrriatiun on paye l of these fiiiancia1 stalemellls. Tho nalurc of ¢h¢ charity's Opcfdtiuns lind principal dcbviliL5 ale to supporl ur promolo such charitable purposes as Ihe Tn*slees in Iheir absolule (Jiscrelion delermine. The charily consiilules a public beiiefil enlily as defined by FRS 102. The Iinai)cial slalenienls h(Ive l)een i)rvi)8rpd In 8ccordance wlh the accounling policies set oul noles to the account% and cornply with tho charity's governing documcnl. tho Charilios Act 2011 and Accounling and Reporting by Ch8rilies. Staletnent ol Recotnmended Practice applicable lo charities piepsiiny their aLcounts in aLcordan¢e with the Financial Reporting Standard applicable In the UK and RepubliL of Ifeland PLJblished in October 2020. Group 3c¢ounts The4e financ.ial slalemenls consolidate the resulls of the charity and Its whully (Iwnpd subsidiary Grange Communily Association Social Cltjb Limitod. A soparalc stalon)cnt of financial aclivilies for the Charity itself is not presented because the Charity has taken advantage tsl the exeniplions afforded by paragraph 397 01 SORP. Tho financial slalcmcnts of Ihc Grange Association sla1 Club Limited are prepared undcr Ihc Fiiiaricial Reportiiig Standard applicable in the UK and Republic of Ireland IFRS 1021. Going concern The fin<inci<il slalemenls have been prepared on a going concern basis under the historic<l1 cost convention. bl Fund accounting Gciieral funds aro LinreslrTrctod funds which are availaNo al tho discrolioii of the Iruslees in furlheraF)ce of the general objectives ol the group arKI which have iiol been designated lor othor purposes. Reslricled funds are funds which are to usèd in actordanee with spèafic restrictions impo8ed by donors or which have been raisecl by Ihe groiip for particiilar pijrposes The co.81 of raisiiiÉJ and adminislering such lunds are charged against Ihe specilic fund. Th8 èlm arid L)se ol reslricled lunds on proiecls are sel oul in Ihe noles lo Ihe financial slatements. cl Income recognition All incorning iesourcès are included ii) the SOFA in Ihe period in which they arise and when thè amount can be ouanlified with reasoiiable accuracy 10
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 dl Expenditure recognition Expei)diiure Is recognised on an acciuals basis arbd has beeii classified under headii)gs that aojgregale all cosls rolaied lo the &4legory. 11 is calegonsed under Ihe lollowing headings.. Otlier trading aciivili8s includes thè subsidiary Expenditure on charilable acltvities includes playgroup activities and general exponscs Olher expenditu represenls Ihose ilems not falling Into Ihe categories above. el Fixe(J assets Tangibltt fixed assels are slated al cosl Cost includcs costs diroclly allribulablc to making tho asset Capable of operating as intènded. Dppreci8tion is provided at the following annu81 rates in order to wrile off each a55et over its estimated useful economic life.. lrniprovemenls lo propèrty". Straight line ov8r 1&20 years Planl and equipment. 150/0 reduein9 balance Fixlures arid Iiltings". 15ts/o reducing balance Conipuler equipment. 33Yo on ¢osl n Stock Stock is valued al the lower of eost and nel realisable value by an independent professionAI valuer gl Leasing commilments Renlals paid under operating leases ale chafged to Ihe SOFA on a strai9hl liiie basis over the pèriod ol thè leasg. h) Penslon costs and other retirement benefits The yruup operates d delined wntributiort pension scheme. Contnbutions payable lo the group pension scheme are charged lo Ihe profit and loss account in the period to which they relate lo. il Related party disclosure Tho group has tskon advanlago of the cxcn)pliot) conlainciy within Accounting aDd Reportiiig by Charities IFRS 1021 and lias therefore not d*sclosed Iransaclions willi enlilies wliicli form Pciri of the group. 11 Flnanclal Instruments The group has elecled lo apply the prowsions ol Section 11 'BasiL Financial Inslrumenls. ol FRS 102 10 811 of its fii)aiicial slalen)enls The gfOUP only has finaiicial Inslrunients that fall within the delinits.tsn ol a basiG financial FrTrSIrunftI. Financial Inslfumenls are recognised in Ihe gioup's balance sheel when 11)e charily hprnnip8 parly lo Ilie eoi)Iraclual provisioii ofihe iiisliun)enl. Deblors and credilors %vhich are fiiiaiicial iiislfumeiits arc rccoqniscd iiiilially at Iran8aclioii8 pricc and subsequently al 5elllomoiil valLlC,.'rocovorablo amount. slcltemenls. Ivhen there is 3 legally enforceable fight lo set off the rpc.rJgnispd an?ounls and there is cin Inlenlion lo sellle on a nel basis or lo realise the asset and 5elll& thè liability siniultaneously
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 kl Corporatlon tax Ciirronl lax is rocognisod al tho amount of tax payable Ltsing th¢ lax ralcs and laws Ihal havc bccn cnaclod or subslanlivcly cnacled by the balance shc¢t datc. Ng liability lo UK Corporalion Tax arose fur the year ended 31 fvtar¢h 2025 tx)r for Ihe yeai ended 31 Ma¥ch 202. The association is exempt from corporation lax on ils chanlable activitie5. 11 Cash at bank Cash arid cash equivalent Indudè cash al bank armj in hano and short-terni deposils wilh a nialurily dale of three months or less. ml Grant Incomè The plpygroup receives grant funding Ifom the local authority at)d other related organisations lo ass151 with the iecruilmenl and ielenlion of staff. and general ruiining cosls, in accofd3r)ce with OFSTEO roquiromonls. Thosc grants artt includttd in the reslricl¢d funds in tho accounts. The charily has also received oU)er Covid Sup[ 9ovemmenl grants dunng Ihe year. These g¥anls are rec(wnised In the financial slalemenls using Ihe acLfuals model. Granls tlial a received in respect nf expenses or lossp.s alfeady incurred by Ihe entity Ale recognised in profit arid loss in the period when th6 graiit becornes receivable. FIXEO ASSETS - GROUP ANO CHARITY rovements Plant & Fixtures & Com ter to Pro ment Fittin COST AI 1 IKpril 2024 Addition5 19.196 33.369 13.336 274.507 Disposals Al 31 March 2025 208.606 19.196 33.369 13.335 274.507 DEPRECIATION Al 1 April 2024 Charge for year Elilated on disposal 114.046 10.544 16.488 418 27.392 1.445 13,096 241 171.023 12.648 At 31 March 2025 124.590 16.6 28.837 13.337 183.671 NET BOOK VALUE Al 31 Marcli 2025 84.016 2.290 4.531 90,835 Al 1 April 2024 .560 2.708 5.976 240 103,483 All tangible assets are held within the Charily. 12
GRANGE FELLOWSHIP COMMVNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Grou Chari Grou Chari Trade Debtors Other debtor5 Prepaymenls Amount due fron) subsidiary 63 1341 570 570 373 22.730 373 24.000 593 23.166 536 24,373 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Grou Chari Grou Chari Trade creditors 14,018 30,433 31.491 2.070 4.247 10,891 21.662 43.635 12,383 5.054 Taxation and social secuiily A¢cruals and other creditors 20,920 6,891 75,942 17,208 77,680 32,865 INCOME AND ENDOWMENTS AND NET INCREASE IN FUNDS- CHARITY ONLY The charity has a wholly owned subsidiary the Grange Community Ass(tialion Soaal Club Lirniled. Profits Ironi Ihe siibsidiary are transferred lo Ihe chanly by a Gill Aid donalion. A gill aid transfei of f Nil12024 £Nill Ivas made in re%pect of the year. The bar Iradiiig resulls cali seen Iri iioie 6 01 Ihe finan(ial slaiemenls. as exlraLled Ironi Ilie auditèd Iiiiancial slal¢mcnts. 13
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 6. BAR TRADING 2025 2024 Income 88r lakin9S Café Takings usemenl & garning rnachines 321.089 300.354 70.430 13.736 22.364 22.598 357.188 393,382 Cost of Sale$ Bar pur¢h3ses Café purchases Gaming machine yental and licence 125.421 124.942 3.892 1.760 27.492 1,607 131.073 154.041 GROSS PRORT 63% 226.115 61% 239.341 Other income: Interest receie EXrltUre.. Wage5 Social security Pensions 121.172 162.358 5.375 10.130 2.142 1.536 2.871 2.562 Stocklaking Costs Telephorie Cleaning materials & laundry NmberS functions and sundiiÈs 13.620 13.522 1.975 6.549 2.997 12.590 ounlancy Rent 7,500 72.000 18,729 Repails & mainlenarb 952 1.672 232.121 234.931 If) Ui)ul 4.410 Finance costs Bank char9es HNFC Interest paid 5.487 5.090 5.487 5.090 NE[ PROHTIILOSSI 14
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS Total staff costs paid ifi the yeac amounted lo £278.526.including social security ol F12.0fj3 and employei pensioii conlribulion5 01 £4.792 12024 £313.605 Including social securily of £17.932 ai)d eniployef pension conlribulioi)s of £5.1611 Ponsion conlribiilions of E2.735 aio oulslanding at the yoar-oiid 12024 £2.8911. No Iritslees. rernuneraliw was paid (Juni)9 the year12024 - £NIll. EMPLOYEES Thp aver<2ge Dumber of employees calculated on a full-time equivalent basis Ihiough Ihe year wa8.. 2025 2024 Grou Charl Grou Charit Secretary Bar Stari Caretaker Playgroup 19 io 20 The trading Subsidiary also employs several part-lime siaff due lo the nalure ol ihe business. During the year no Individual employees received emdumenls in excess ol E60.000,12024 - Npll INCOME AND ENDOWMENTS CHARITY Charitable actlvStles 2025 2024 Unrestrlcted Rericied Unrestri¢ted Rearicte Funds Fund$ Fund5 12 e89 Funds Total Totsl 8.614 3.&16 121,J52 705 62 Cenlro èookirvJs Membetship fee5 PlaY9p a¢1111¢$ lembers ¢11$ 12 889 8,674 3.$46 125.W2 705 3974 3.974 173.984 ?.358 91 169 81 4.174 1,450 Interest receThe(J 93 62 Card MhIne incorne Good conipanions sUry Income 20.293 ).293 261 19.154 19.ly 206 .416 4.432 212.849 160.983 1.656 162.639 15
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF CHARITABLE ACTIVITIES AND OTHER COSTS CHARITY 1025 2024 Unrestricted Resivlcted Unrestrfctèd Re#ricted FurHIs 14oles Funds Total Funds Funds Total PlaygThp lil*s G1 c(xTipanlr Card rn&hir 133.151 4.174 137.324 122.273 1.450 123.723 475 22.882 78.804 475 23.684 87.862 72.882 78.804 Ma0Ment & admill expertses 87.841 244,676 4.191 248.870 223.959 1.925 225.884 10. OTHER CHARITY Other Cods 2025 2024 Unregricted Restricted Fund5 Fund5 Vnre4iicted Fwnds Restritied FndS P•otèg Total Total Bank charges Oepn ol IMprOentS to sKoperty Depn ol an1 j machinery Dew ol Ixlure5 arKJ fillin95 Depn ol¢omputer equiptnenl Loss on sak of fixed assei 378 378 10.S44 418 1,445 241 274 274 10.544 479 10.544 418 10.514 479 1,795 314 173 1.445 241 1.795 314 13.026 13.026 13.579 13,579 16
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. MANAGEMEhlT AND ADMINISTRATION EXPENSES CHARITY 2025 2024 Uniestrlcled RÈ#ri¢¢od Funds Unrestri¢tsd Re*lcled Funds Funds Funds Totsl ToiAI Olher Operatlng Leases 3.919 ).245 3.919 30.245 1.518 623 4.660 29.597 4,660 29.997 2.2N Social Se¢wty Pensions Accountancy Rates, heal. Iighl & seN¢e ¢harges Cjeaning S laUry Prolessronal Fee5 Repairs & KlaiDlenance TdepPw)r Priniing & Postage urance 1.518 623 5.79) 5.TSI 27.598 6 190 16,894 1.985 6.190 16.894 1.985 27.598 1.07T 6.ffi2 6.12 2.136 3.289 2.704 4.471 1.342 4.471 l.y2 3.815 3.500 3.538 78.804 2.736 3.815 Sunthes 1,472 86.932 1,472 86.992 3.538 78.804 17
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTESTOTHEFINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. CHARITABLE EXPENDITURE INCLUDES.. 2025 2024 Grou Chari Grou Charl Audit and independent examir*rs fee AGGoLJnlancy. laxation olhei SeICeS Depreciation Operating lease payments 10,550 4,750 11,6) 2.000 13.075 4.660 31.425 s,1j 1,000 13,075 4,660 23.925 12,648 3.919 29,111 12.648 3.919 22.317 13. FUNDS OF THE CHARITY GROUP At 1 A ril Income & 2024 At 31 March Endowments Ex enditufe Transfers 2025 Unrestricled FurKIs 565,605 1554.3821 2.497 74,380 Restricted Funds Building Fund rinyhar)ds GcK)d Cornpanions 1.823 11,791! 28 4.174 14. 1741 1.626 261 17061. 1.161 Total Reslricled Funds 3.449 ' 4,433 14.1961 12,4971. 1,190 Tolal Funds 64,109 $70.039 1558,5781 7S,570 18
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. CONTROLLING PARTY Thc Grango Followship Communily ASlaOn is c¢)ntrollcd by (hc managcmcnl comftiitloc. 15. ANALYSIS OFASSETS BETWEEN FUNDS Group Unrestricted Rèstricted Funds Funds Total 2025 2025 2025 Fund balances al 31 March are presented by". Fixed assets 90.835 59.484 90,835 60,674 Current asse15 1.19) Current Iiabilitses 74,380 1.190 75.570 Group Unrestrlcted Restricted Funds Funds Total 2024 2024 2024 Fund balances al 31 March re presented by.. Fixed assets 103.483 34.857 103.483 Curfent assets 3.449 38.306 CurFenl liabilities 3.449 64.110 19
GRANGE FELLOWSHIP COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. TRUSTEES EXPENSES Th8 Iruslees received 8xpen5es lolall1i £NIl during the year12024.. £Nill. 17. RELATEO PARTY TRANSACTIONS The following rèlated party Iransa¢tions have been Klenllfl1. During the year. certain men)bers ol Nlr R Keeble's lamily, received mneratIOn fron) the charity Mr R Kcoble is è Iruslcc ol th¢ chanly. Th¢sc were as fdlows.. Ms H Keeble Idavghlerl F38.18712024 £38,187) Mrs K Keeble l%vifel f13,35312024. £ 12.7421 Mrs S Herbel Isisler} NIL {2024 NIL) Kcy managcmcnt p¢rsonrbcI durit)g the year was con8idofod lo bo Mrs J Alkins. Tho 10131 rernuneralion paid lo key management totalled £39.37212024. £39,372). 20