OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2026-03-31-accounts

NORTH ROMFORD COMMUNITY ASSOCIATION

Registered Charity Number 303072

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2026

NORTH ROMFORD COMMUNITY ASSOCIATION

CONTENTS FOR THE YEAR ENDED 31 MARCH 2026

_____________ _____________
Page
Legal and administrative information 1
Trustees’ Annual Report 2-5
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the financial statements 9-12

NORTH ROMFORD COMMUNITY ASSOCIATION

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2026

_____________ _____________
Charity number 303072
Contact address North Romford Community Centre
Clockhouse Lane
Collier Row
ROMFORD
Essex
RM5 3QJ
Trustees Mr Martin Frederick Branch (Chairman)
Mr Robert Edward James Lamb (Vice-chairman)
Mrs Michelle Françoise Dulieu (Secretary)
Mr Robert Joseph Elliott (Tresaurer)
Mrs Linda Ann Quarrell (Assistant Secretary)
Mr Gordon John Baker (Assistant Treasurer)
Independent Examiner Mr Ashley Sawyer
35 Sparsholt Road
BARKING
IG11 7JQ
Bankers Lloyds Bank (current accounts)
Charity Bank (easy access reserve account)
United Trust Bank (notice reserve account)

_____________ 1

NORTH ROMFORD COMMUNITY ASSOCIATION

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

1. Objectives and activities

The North Romford Community Association (NRCA) is a registered charity that exists to provide sports and recreational facilities for the residents of Havering and visitors from surrounding areas. The North Romford Community Centre has been a focal point for sporting and leisure activities for 60 years.

Activities undertaken by members include: Badminton, Ballroom Dancing, Short Mat Bowls, Dance Classes, Exercise Classes, Football, Karate, Keep Fit, Knitting Club, Ladies’ Club, Line Dancing, Pilates, Pool, Senior Citizens Club (“Golden Oldies”), Table Tennis, Townswomen’s Guild, Weight Watching, Yoga. On the premises there is also an independently run Preschool provided by Puddleducks Preschool. The association management organises regular entertainment nights for members, often including performances by professional singers, bands and other entertainers.

In addition, meeting rooms and halls are available for private hire by individuals and organisations. Typical reasons for hiring include birthday parties, wedding receptions, funerals, religious services, teaching activities, quiz nights, blood transfusion sessions, immunisation sessions, polling stations, and major shows such as the annual Rock and Mineral show.

The licensed bar of the centre is run by the Kumon Inn Social Club (KISC) which is a registered Mutual Society. The purpose of the KISC is to raise funds for the NRCA and any surplus it makes during the year is remitted to the NRCA as a Deed of Covenant payment.

The NRCA maintains the building and its facilities and supports use by sections and hirers as appropriate. It organises regular recreational events and undertakes advertising and promotional activity for the purpose of furthering the charity’s objects. The Trustees monitor all such NRCA activities having regard to the Charity Commission’s advice on public benefit.

2. Achievements and performance.

The premises improvement programme has been continued, with further improvements to the bar area and extensive refurbishments to the preschool venue (rooms 3,4 and 5 at the Centre).

3. Financial review

3a Overall summary

Despite increased financial pressures this year, the association has again achieved a healthy year-end financial position. For 2025-26 there was a surplus of £14,249 (£9,165 NRCA surplus enhanced by a Kumon Inn contribution of £5,084). This compared with a

2

NORTH ROMFORD COMMUNITY ASSOCIATION

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

surplus of £16,871 in 2023-24 (£6,543 NRCA surplus enhanced by a Kumon Inn contribution of £10,328). The was achieved despite high amounts being invested in refurbishment including considerable revenue expenditure on the bar improvement and an approximate £6,000 VAT bill on major capital investment required for refurbishment of the pre-school accommodation (see further explanation under section 3b below).

3b Review of Reserves Policy

A review of the Association’s reserves policy was carried out during the year and it was determined that the appropriate level of cash reserves to be maintained remains at £170,000. In view of the recent increase in the amount guaranteed by the Financial Conduct Authority (FCA), from £85,000 to £120,000, it was agreed that this amount would in future be partitioned as follows:

1) £50,000 to be kept in the easy access account (Charity Bank, currently paying 3.2% interest).

2) £120,000 to be kept in the 100 day notice account (Untied Trust Bank, currently paying 4.1% interest).

This replaces the previous policy of holding £85,000 in each account.

During the year a major leak occurred in the ceiling of the pre-school area (rooms 3,4, and 5). Because the ceiling contained asbestos, the refurbishment required involved specialist asbestos removal techniques necessitating major capital expenditure of around £30,000 plus VAT of almost £6.000. Financing of this required a withdrawal of £35,000 from the easy access account whose balance consequently remained at £50,000 at year end. We expect to be able to recoup most of this during 2026-27 and the remainder in 2027-28. Such replacement funds will be paid into the notice account up to the level of £120,000 required under the new policy.

Interest earned during the financial year was as follows – Charity Bank: £2,546 (£2,737 in 2024-25), United Trust Bank: £3,484 (£3,665 in 2024-25).

In addition there was £178 interest of from the Lloyds Bank cash liquidity account (£287 in 2024-25).

So in all, a total of £6,208 bank interest was earned in 2025-26 (£6,689 in 2024-25).

4. Structure, governance and management

The NRCA has standard registration as a Charity. Trustees are elected by the whole membership at the Annual General Meeting of the Association and on election details of any new Trustees are submitted to the Charity Commission for appointment. To be eligible for election as a Trustee, a person must be a full member of the Association and not be subject to any disqualification under Charity Commission rules. The Trustees meet at least

3

NORTH ROMFORD COMMUNITY ASSOCIATION

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

monthly, and act as the Executive Committee of the Association and as the Kumon Inn Management Committee. The Association Council is the consultative policy-making body of the Association and consists of the Trustees together with a representative from each Activity Section, and from each Affiliated Organisation. Elections to the Council take place at the AGM.

Membership of the Association is open to any person of eighteen years or over who wishes to pay the membership for the year. Current yearly charges are: Family Membership £50, Single £30 and Senior Citizen £25.

The Association is responsible for all costs incurred in the running of the Centre. This includes rent and service charges paid to the London Borough of Havering, statutory registration charges such as Performance Licence fees and royalties, all heating, lighting, water costs, cleaning costs, staff costs and the costs of maintaining and refurbishing the building.

The NRCA operates within a written constitution based on a text recommended by the Charity Commission. The constitution was adopted on 2 nd November 1965 and has been amended on 18[th] September 1992, 23[rd] September 1997, 10[th] January 2017 and 11 th January 2019, with the agreement of the Commission.

The Association employs a limited number of staff including office staff, duty officers, caretaker and cleaners.

The Kumon Inn Social Club is run by a committee consisting of the NRCA Trustees which meets monthly. The KISC holds its own Annual General Meeting each year. The KISC rules are based on a standard set for Mutual societies and were adopted on 22nd September 1989. The Kumon Inn employs its own bar staff.

5. Reference and administrative details

5.1 Registered Names

NRCA: North Romford Community Association KISC: Kumon Inn Social Club

No other names are used.

5.2 Registration numbers

NRCA: 303072, The Charity Commission of England and Wales KISC: IP 26823R, The UK Financial Conduct Authority

4

NORTH ROMFORD COMMUNITY ASSOCIATION

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

5.3 Registered Address (same for both NRCA and KI)

The North Romford Community Centre Clockhouse Lane Romford RM5 3QJ

5.4 Names of Trustees during the Financial Year

Martin Frederick Branch, Chair Michelle Françoise Dulieu, Secretary Robert Joseph Elliott, Treasurer Robert Edward James Lamb, Vice-chair Linda Ann Quarrell, Assistant Secretary Gordon John Baker, Assistant Treasurer

All of the above are formally registered with the Charity Commission of England and Wales. There are no corporate trustees, and no trustee holds any title to property belonging to the charity.

6. Exemptions from disclosure

There are no exemptions from disclosure.

7. Funds held as custodian trustee on behalf of others

No funds are held as custodian trustee on behalf of others.

Text approved by the Board of Trustees

7[h] May 2026

Signed:

Martin Frederick Branch, Chairman

5

NORTH ROMFORD COMMUNITY ASSOCIATION

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MARCH 2026

I report on the accounts of North Romford Community Association for the year ended 31 March 2026 that are set out on pages 7 to 12.

Respective Responsibilities of Trustees and Examiner

The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for the year (under section 144 (2) of the Charities Act 2011 (The Act)) but that an independent examination is needed. It is my responsibility to:

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general directions given by the Charity Commissioners. It includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking relevant explanations from the Trustees. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. I accept no liability for any loss resulting from any usage or reliance placed upon them.

Independent Examiner’s Statement

In the course of the examination, no material matter has come to my attention that gives me cause to believe that in any material respect:

I 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.

Signed:

Date: 08/07/2026

Mr Ashley Sawyer, Independent Examiner

_____________ 6

NORTH ROMFORD COMMUNITY ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026 (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

________
Notes
Incoming resources
Resources from generating funds
Donations and legacies
2
Charitable Activities
Activities for generating funds3,1.
Membership
3,2.
Investment income
4
Total incoming resources

Resources expended
Cost of generating funds
Costs of Charitable activities
5
Total resources expended

Net income (expense) for the year
Reconciliation of Funds4
Total Funds B/Fwd
Total Funds C/Fwd		 _____
2026
2025
£
£
5,124
11,353
189,788
185,573
14,772
14,872
6,208
6,689

215,892
218,487
201,643
200,919

201,643
200,919
14,249
17,568
343,553
325,985
387,802
343,553

The notes on pages 9-12 form an integral part of these financial statements

7

NORTH ROMFORD COMMUNITY ASSOCIATION

BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2026

_______
Notes
Fixed Assets
Tangible assets
6
Current Assets
Debtors
7
Cash at bank and in hand
Creditors
8
Amounts falling due within one year
Net Current assets
Net assets
Funds
Earmarked grants (restricted)
Unrestricted income funds		 _______
2026
£
£
94,110
58,457
207,491
266,948
2,256
263,692
357,802
-
357,802
357,802		 ____
2025
£
£
63,091
68,749
214,706
284,435
2,993
280,462
343,553
-
343,553
343,553		 ____
2025
£
£
63,091
68,749
214,706
284,435
2,993
280,462
343,553
-
343,553
343,553
343,553

The financial statements were approved by the Board of Trustees on 7[th] May 2026 and signed on its behalf by:

Signed: ____

Martin Frederick Branch

8

NORTH ROMFORD COMMUNITY ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

1 Accounting policies

1.1 Basis of accounting

The accounts do not contain a cash flow statement because the charity, as an entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard 1 “Cash flow statements”.

1.5 Investments Fixed asset investments are stated at cost less provision for diminution in value.

These accounts have been completed on a going concern basis.

9

NORTH ROMFORD COMMUNITY ASSOCIATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

2.
Donations and Legacies
Deed of Covenant
Donations
3.
Charitable Activities
3.1
Activities for Generating Funds
Lettings
Clubs and Groups
Canteen
Special Events
3.2
Membership
Subscriptions and Affiliations
Total inc. from charit. Activities
4.
Investment Income
Bank Interest		 2026
£
5,084
40
5,124
2026
£
129,410
34,252
3,211
22,915
189,788
2026
£
14,772
204,560
2026
£
6208
6208		 2025
£
10.328
1.025
11,353
2025
£
128,710
33,506
2,555
20,802
185,573
2025
£
14,872
200,446
2025
£
6689
6689

10

NORTH ROMFORD COMMUNITY ASSOCIATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

5. Cost of Charitable activities

Salaries
Rent
Insurance
Events expenses
Canteen
Repairs and maintenance
Light, Heat and Water
Telephone and Broadband
Refuse collection
Accountancy
Other Prof. fees and service charges
Licence Fees
Printing, postage and stationery
Sundry expenses
Depreciation of assets
Bank Charges

Analysis of sundry
Section expenses
Trustees’ and manager’s expenses
Gratuities
Hardware and related supplies
Software and related supplies
6
Tangible Fixed Assets
Cost
As at 1 April 2025
Additions
As at 31 March 2026
Depreciation
As at 1 April 2025
Charge for the year
As at 31 March 2026
Net book values
At 31 March 2026
At 31 March 2025		 2026

£
90,412
36,486
2,455
11,850
995
10,636
24,376
1,706
3,730
1,980
2,161
174
2,483
4,213
7,185
801
201,643

2,313
96
220
1,248
336
4,213
Improvements
to property £
162,824
38,205
201,029
103,778
6,185
110,963

60,090
92,110		 2025
£
89,967
37,241
2,280
8,825
944
3,500
34,995
1,397
4,376
1,910
2.811
169
1.555
3,259
7,068
649
200,919
2,392
0
154
164
549
3,259
Fixtures
Total
& fittings £
£
47,818
210,642
-
38,205
47,818 248,847
44,818
148,596
1,000
7,185
44,818 155,781
3,000
63,090
2.000
94,110		 2025
£
89,967
37,241
2,280
8,825
944
3,500
34,995
1,397
4,376
1,910
2.811
169
1.555
3,259
7,068
649
200,919
2,392
0
154
164
549
3,259
Fixtures
Total
& fittings £
£
47,818
210,642
-
38,205
47,818 248,847
44,818
148,596
1,000
7,185
44,818 155,781
3,000
63,090
2.000
94,110		 2025
£
89,967
37,241
2,280
8,825
944
3,500
34,995
1,397
4,376
1,910
2.811
169
1.555
3,259
7,068
649
200,919
2,392
0
154
164
549
3,259
Fixtures
Total
& fittings £
£
47,818
210,642
-
38,205
47,818 248,847
44,818
148,596
1,000
7,185
44,818 155,781
3,000
63,090
2.000
94,110






155,781
63,090
94,110
63,090
94,110

11

NORTH ROMFORD COMMUNITY ASSOCIATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
___________
7.
Debtors
Amounts owed by Kumon Inn
Other debtors and prepayments
8.
Creditors: amounts falling due within 1 year
Other creditors and accruals		 _______
2026
Total £
5,084
49,773
54,857
2026
Total £
2,256
2,256		 ______
2025
Total £
10,328
58,421
68,749
2024
Total £
2,993
2,993

9. Related parties

The Treasurer of the charity received a fee of £125 per month (10 hours at the standard Duty Officer rate) for administering the organisation’s payroll and pension scheme. This is shown within Accountancy and Professional, under note 5 above. The amount paid in 2024-25 was £120 per month.

The Vice chair of the charity occasionally does electrical and other maintenance work, which is invoiced via a separate company at lower than commercial rates. The total amount paid to the Vice chair in 2025-26 was £0 (2024-25: £630)

The Chair sometimes carries out repair and maintenance work personally and is reimbursed at significantly lower than commercial rats. The total amount paid to the Chair in 2025-26 was £0 (2024-25: £0).

Specific Trustee Payment Agreements are in place for all the above, signed by all other Trustees in each case. Such agreements are in full compliance with Charity Commission guidance.

12