**REGISTERED CHARITY NUMBER: 302797**
**TRUSTEES' REPORT AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
Spurling Cannon Chartered Certified Accountants 424 Margate Road Westwood Ramsgate Kent CT12 6SJ
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
**Page Trustees' Report** 1 to 3 **Independent Examiner's Report** 4 **Statement of Financial Activities** 5 **Balance Sheet** 6 **Notes to the Financial Statements** 7 to 14 **Detailed Statement of Financial Activities** 15 to 16
## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees present their annual report and the financial statements of Birchington Village Centre Association (the Charity) for the year ended 31 March 2024 The Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
## **OBJECTIVES AND ACTIVITIES**
## **Policies and objectives**
The objects of the Charity are to promote the benefit of the inhabitants of Birchington and Acol through providing facilities in the interest of social welfare for recreation, education and leisure time occupation for the said inhabitants.
## **ACHIEVEMENT AND PERFORMANCE**
social activities - unless to raise funds for specific projects. equipment and administration to the highest standard with the things within our building, which celebrates its fiftieth We have been helped by the community payback to make and hold investments using the general funds of Fund Shares and Charities Fixed Interest Fund Shares income to help subsidise the running of the Charity long-term aim of making neither profit nor loss. This is The main policy is to ensure that there eg building repairs, safety factors etc. Income related constitution dated December 1987 (as subsequently amended)
## **Review of activities**
The Charity does not itself organise social activities - unless to raise funds for specific projects. Time and effort is spent solely in maintaining our premises, equipment and administration to the highest standard with the funds generated from hire fees.
We are continuing to renew and replace things within our building, which celebrates its fiftieth anniversary this year, as and when necessary and when funds allow. We have been helped by the community payback scheme who have decorated a number of rooms within the Centre.
## **Investment policy and performance**
The Constitution authorises the Trustees to make and hold investments using the general funds of the Charity. Currently the Charity has invested in Charities Investment Fund Shares and Charities Fixed Interest Fund Shares - looking to both obtain a prudent mix of best achievable investment income to help subsidise the running of the Charity and at the same time to safeguard the value of its investments.
## **FINANCIAL REVIEW**
## **Reserves policy**
The Charity is administered with the long-term aim of making neither profit nor loss. This is something that the Trustees have consistently achieved over a long period. The main policy is to ensure that there is a contingency or cash reserve figure available to cover emergency requirements, eg building repairs, safety factors etc. Income related to expenditure dictates the policy on reserves. A figure of £20,000 is considered to be the minimum.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Constitution**
The Charity is maintained under a constitution dated December 1987 (as subsequently amended) and is a registered charity number 302797.
**Method of appointment or election of Trustees**
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the constitution.
A full list of Trustees is submitted to the Charity Commissioners in the Charity's Annual Return.
## **Organisational structure and decision making**
The Trustees are the Management Committee which meets at least bi-monthly to handle the everyday running of the Charity.
The Management Committee can appoint, from amongst its membership, sub-committees to deal with specific aspects of the on-going administration of the Charity.
Page 1
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently.
- Standards have been followed, subject to any material
- on a going concern basis unless it is inappropriate to presume proper accounting records that disclose, with reasonable
- enable them to ensure that the financial statements comply the assets of the charity and hence for taking reasonable
- observe the methods and principles in the Charities SORP
- make judgements and estimates that are reasonable and prudent.
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose, with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. 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.
**REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 302797
**Principal address** Alpha Road Birchington Kent CT7 9EG
## **Trustees**
Mrs K Cowell K Garrad Mrs M Hudson N Hudson J Mackintosh Mrs M Mackintosh B Withrington Mrs J Withrington J Garland Mrs S Tottman R Castle Mrs P Gulliver-Crane M Hudson P Fellows
Page 2
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025**
**REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Spurling Cannon Chartered Certified Accountants 424 Margate Road Westwood Ramsgate Kent CT12 6SJ
## **Solicitors**
Girlings Solicitors, 16 Rose Lane, Canterbury, Kent, CT1 2UR
## **Bankers**
Nat West, 13 Cecil Square, Margate, Kent, CT9 1XY
Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................................... Mrs M Mackintosh - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **Independent examiner's report to the trustees of Birchington Village Centre Association**
I report to the charity trustees on my examination of the accounts of Birchington Village Centre Association (the Trust) for the year ended 31 March 2025.
## **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:
- with the applicable requirements concerning the form and Reports) Regulations 2008 other than any requirement that
- across no other matters in connection with the examination to
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.
Richard W Phillpott
Spurling Cannon Chartered Certified Accountants 424 Margate Road Westwood Ramsgate Kent CT12 6SJ
Date: .............................................
Page 4
## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**DRAF**
Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**3,474**
**Charitable activities**
4
The Centre
**64,916**
The Bar
**38,012**
Investment income
3
**2,864**
Other income
**107**
**Total**
**109,373**
**EXPENDITURE ON**
Raising funds
5
**210**
**Charitable activities**
6
The Centre
**84,381**
The Bar
**36,670**
**Total**
**121,261**
Net gains/(losses) on investments
**(1,841)**
**NET INCOME/(EXPENDITURE)**
**(13,729)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**289,159**
**TOTAL FUNDS CARRIED FORWARD**
**275,430**|**T**
Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**3,474**
**64,916**
**38,012**
**2,864**
**107**
**109,373**
**210**
**84,381**
**36,670**
**121,261**
**(1,841)**
**(13,729)**
**289,159**
**275,430**|2024
Total
funds
£
953
58,968
25,727
2,493
128|
|---|---|---|---|
||||88,269|
||||-
60,154
28,937|
||||89,091|
||||5,868|
||||5,046
284,113|
||||289,159|
The notes form part of these financial statements
Page 5
## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **BALANCE SHEET 31 MARCH 2025**
|**DRAFT**
Unrestricted
Restricted
funds
fund
Notes
£
£
**FIXED ASSETS**
Tangible assets
12
**156,984**
**-**
Investments
13
**80,583**
**-**
**237,567**
**-**
**CURRENT ASSETS**
Stocks
14
**2,468**
**-**
Debtors
15
**3,811**
**-**
Cash at bank and in hand
**33,305**
**-**
**39,584**
**-**
**CREDITORS**
Amounts falling due within one year
16
**(1,721)**
**-**
**NET CURRENT ASSETS**
**37,863**
**-**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**275,430**
**-**
**NET ASSETS**
**275,430**
**-**
**FUNDS**
17
Unrestricted funds
**TOTAL FUNDS**
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:|**2025**
**Total**
**funds**
**£**
**156,984**
**80,583**
**237,567**
**2,468**
**3,811**
**33,305**
**39,584**
**(1,721)**
**37,863**
**275,430**
**275,430**
**275,430**
**275,430**
............................|2024
Total
funds
£
156,493
82,424
238,917
1,947
4,440
46,465
52,852
(2,610)
50,242
289,159
289,159
289,159
289,159
.................|
|---|---|---|
.............................................
M Mackintosh - Trustee
The notes form part of these financial statements
Page 6
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
the Statement of Financial Activities once the charity has expenditure as soon as there is a legal or constructive that a transfer of economic benefits will be required in reliably. Expenditure is accounted for on an accruals all cost related to the category. Where costs cannot be - nil - 10% on reducing balance - 10% on reducing balance of cost and net realisable value, after making due funds which are available for use at the discretion
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **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**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - nil Fixtures and fittings - 10% on reducing balance Equipment - 10% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charges against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **Value added tax**
Value added tax is not recoverable by the charity, and as such is included in the relevant costs in the Statement of Financial Activities.
continued...
Page 7
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
|**DRAFT**
**2.**
**DONATIONS AND LEGACIES**
Donations
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Room lettings
The Centre
Event income
The Centre
Income from bar
The Bar
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Advertising and promotion
**Other trading activities**
Interest payable and similar charges
Aggregate amounts|**2025**
**£**
**3,474**
**2025**
**£**
**2,864**
**2025**
**£**
**63,214**
**1,702**
**38,012**
**102,928**
**2025**
**£**
**185**
**2025**
**£**
**25**
**210**|2024
£
953
2024
£
2,493
2024
£
58,662
306
25,727|2024
£
953
2024
£
2,493
2024
£
58,662
306
25,727|
|---|---|---|---|
|||84,695||
|||2024
£
-
2024
£
-
-||
||||-|
continued...
Page 8
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **6. CHARITABLE ACTIVITIES COSTS**
|**6.**
**CHARITABLE ACTIVITIES COSTS**|||
|---|---|---|
|**DRAFT**
Direct
Support
Costs (see
costs (see
note 7)
note 8)
£
£
The Centre
**28,730**
**55,651**
The Bar
**26,493**
**10,177**
**55,223**
**65,828**
**7.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
**2025**
**£**
Staff costs
**36,091**
Bar purchases
**15,931**
Sundry expenses
**447**
Event expenditure
**2,754**
**55,223**
**8.**
**SUPPORT COSTS**
Governance
Management
costs
£
£
The Centre
**49,930**
**5,721**
The Bar
**9,560**
**617**
**59,490**
**6,338**
Support costs, included in the above, are as follows:
**2025**
The
Total
Centre
The Bar
activities
£
£
**£**
Rates and water
**284**
**40**
**324**
Insurance
**2,957**
**413**
**3,370**
Light and heat
**7,639**
**2,546**
**10,185**
Repairs and renewals
**25,832**
**1,356**
**27,188**
Cleaning
**13,101**
**4,373**
**17,474**
Bank charges
**-**
**-**
**-**
Merchant fees
**117**
**832**
**949**
Auditors' remuneration for non audit work
**1,511**
**211**
**1,722**
Licences
**1,365**
**406**
**1,771**
Telephone
**840**
**-**
**840**
Postage and stationery
**-**
**-**
**-**
Depreciation of tangible fixed assets
**2,005**
**-**
**2,005**
**55,651**
**10,177**
**65,828**|Totals
£
**84,381**
**36,670**||
||**121,051**||
||2024
£
31,617
11,569
91
228
43,505
Totals
£
**55,651**
**10,177**
**65,828**
2024
Total
activities
£
**333**
**3,430**
**6,826**
**11,044**
**16,792**
**173**
**-**
**2,118**
**1,948**
**959**
**12**
**1,951**
**45,586**|2024
£
31,617
11,569
91
228|
|||43,505|
|||Totals
£
**55,651**
**10,177**|
|||**65,828**|
|||**45,586**|
continued...
Page 9
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' 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.
## **10. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|**DRAFT**
Management and bar staff
No employees received emoluments in excess of £60,000.
**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
953
**Charitable activities**
The Centre
58,968
The Bar
25,727
Investment income
2,493
Other income
128
**Total**
88,269
**EXPENDITURE ON**
**Charitable activities**
The Centre
60,154
The Bar
28,937
**Total**
89,091
Net gains on investments
5,868
**NET INCOME**
5,046
**RECONCILIATION OF FUNDS**
Total funds brought forward
284,113|**2025**
**2**
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-|2024
3
Total
funds
£
953
58,968
25,727
2,493
128|
|---|---|---|
|||88,269|
|||60,154
28,937|
|||89,091|
|||5,868|
|||5,046
284,113|
continued...
Page 10
## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
fund
£
£
**TOTAL FUNDS CARRIED FORWARD**
289,159
-|Total
funds
£|
|---|---|
||289,159|
**12. TANGIBLE FIXED ASSETS** Centre Value - At the balance sheet date the insurance value of the freehold property owned by the centre was £2,089,327
|**13.**|**DRAFT**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 April 2024
Revaluations
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
There were no investment assets outside the UK.
Cost or valuation at 31 March 2025 is represented by:
Valuation in 2025|Unlisted
investments
£
**82,424**
**(1,841)**
**80,583**
**80,583**
82,424
**Unlisted**
**investments**
**£**
**80,583**|
|---|---|---|
|**14.**|**STOCKS**||
||**2025**|2024|
||**£**|£|
||Closing stock
**2,468**|1,947|
continued...
Page 11
## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
**15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**DRA**
Other debtors
Prepayments
**16.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
**17.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
Building Fund
Hall Improvement
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**109,373**
**TOTAL FUNDS**
**109,373**|**FT**
At 1/4/24
£
**140,226**
**138,933**
**10,000**
**289,159**
**289,159**
Resources
expended
£
**(121,261)**
**(121,261)**|**2025**
2024
**£**
£
**1,296**
1,136
**2,515**
3,304
**3,811**
4,440
**2025**
2024
**£**
£
**1,721**
2,610
Net
movement
At
in funds
31/3/25
£
£
**(13,729)**
**126,497**
**-**
**138,933**
**-**
**10,000**
**(13,729)**
**275,430**
**(13,729)**
**275,430**
Gains and
Movement
losses
in funds
£
£
**(1,841)**
**(13,729)**
**(1,841)**
**(13,729)**|
|---|---|---|
continued...
Page 12
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **17. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**DRAFT**
At 1/4/23
£
**Unrestricted funds**
General fund
135,180
Building Fund
138,933
Hall Improvement
10,000
284,113
**TOTAL FUNDS**
284,113
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
88,269
(89,091)
**TOTAL FUNDS**
88,269
(89,091)
A current year 12 months and prior year 12 months combined position is as follows:
At 1/4/23
£
**Unrestricted funds**
General fund
135,180
Building Fund
138,933
Hall Improvement
10,000
284,113
**TOTAL FUNDS**
284,113|Net
movement
At
in funds
31/3/24
£
£
5,046
140,226
-
138,933
-
10,000
5,046
289,159
5,046
289,159
Gains and
Movement
losses
in funds
£
£
5,868
5,046
5,868
5,046
Net
movement
At
in funds
31/3/25
£
£
(8,683)
126,497
-
138,933
-
10,000
(8,683)
275,430
(8,683)
275,430|At
31/3/24
£
140,226
138,933
10,000|
|---|---|---|
|||289,159|
|||289,159|
|||275,430|
|||275,430|
continued...
Page 13
**BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **17. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|Incoming
Resources
Gains and
Movement|
|---|
|resources
expended
losses
in funds|
|£
£
£
£|
|**Unrestricted funds**|
|General fund
197,642
(210,352)
4,027
(8,683)|
|**DRAFT**
**TOTAL FUNDS**
197,642
(210,352)
4,027
(8,683)
**RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
**ULTIMATE CONTROLLING PARTY**
The Trustees are the Management Committee which meets at least bi-monthly to handle the everyday running of
Charity. The Management Committee can appoint and exercise control over the Charity.
**HOLDING TRUSTEE**
The Charity has replaced the previous holding Trustees' by Birchington Parish Council. The land and
buildings of the Charity will be held by Birchington Parish Council on behalf of the Charity.
**BAR TRADING ACTIVITY**
The turnover of the bar has exceeded 25% of the charity overall turnover and thus has been deemed as a tradi
activity.
There has been a small profit from this income source this year but due to brought forward losses, there is no tax d
to be paid by the charity.|
## **18. RELATED PARTY DISCLOSURES**
## **19. ULTIMATE CONTROLLING PARTY**
The Trustees are the Management Committee which meets at least bi-monthly to handle the everyday running of the Charity. The Management Committee can appoint and exercise control over the Charity.
## **20. HOLDING TRUSTEE**
## **21. BAR TRADING ACTIVITY**
The turnover of the bar has exceeded 25% of the charity overall turnover and thus has been deemed as a trading activity.
There has been a small profit from this income source this year but due to brought forward losses, there is no tax due to be paid by the charity.
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## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**DRAFT**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Deposit account interest
**Charitable activities**
Room lettings
Income from bar
Event income
**Other income**
Sundry income and membership fees
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Advertising and promotion
**Other trading activities**
Interest payable
**Charitable activities**
Wages
Bar purchases
Sundry expenses
Event expenditure
**Support costs**
**Management**
Rates and water
Insurance
Light and heat
Repairs and renewals
Cleaning
Bank charges
Carried forward|2025
£
**3,474**
**2,864**
**63,214**
**38,012**
**1,702**
**102,928**
**107**
**109,373**
**185**
**25**
**36,091**
**15,931**
**447**
**2,754**
**55,223**
**324**
**3,370**
**10,185**
**27,188**
**17,474**
**-**
**58,541**|2024
£
953
2,493
58,662
25,727
306|
|---|---|---|
|||84,695
128|
|||88,269
-
-
31,617
11,569
91
228|
|||43,505
333
3,430
6,826
11,044
16,792
173
38,598|
This page does not form part of the statutory financial statements
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## **BIRCHINGTON VILLAGE CENTRE ASSOCIATION**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**DRAFT**
**Management**
Brought forward
Merchant fees
**Governance costs**
Auditors' remuneration for non audit work
Licences
Telephone
Postage and stationery
Fixtures and fittings
Computer equipment
Total resources expended
**Net expenditure**|2025
£
**58,541**
**949**
**59,490**
**1,722**
**1,771**
**840**
**-**
**1,531**
**474**
**6,338**
**121,261**
**(11,888)**|2024
£
38,598
-
38,598
2,118
1,948
959
12
1,424
527
6,988
89,091
(822)|
|---|---|---|
This page does not form part of the statutory financial statements
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