CHARITY REGISTERED NUMBER: 304254 TOWCESTER COMMUNITY CENTRE TRUST ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025 Tove Accountancy Ltd Office 6. Town Hall 86 Watling Street East Towcoster Northant5 NN12 GBS
TOWCE5TER COMMUNITY CENTRE TRUST LEGAL AND ADMINISTRATIVE INFORMATION ReElStered Charity No. 304254 Trustee5 Towce5ter Town Council Correspondence Address Towce5tef Town H311 86 Watling Street East Towcester NN12 68S Govemlng InstrumeJ)t Unincorw)rated Charity Registration 24 August 1970.. standard registration Objects The Charity provide5 a venue for soci31 and recreational activities for the well being of the inhabitants of our town. Statement of Finanoal Activities The atrached receipt5 and payments account with 8ciompanying notes set out a true and lair view of the finances of the charity for the period. Independent Èxamlner rove Acc¢)untancy Ltd Ollice 6, Town Hall 86 Watling Street East Towcester North3nts NN12 6BS
TOWCESTER COMMUNITY CENTRETRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 Description of the Charity Objects To Improve the conditions of life lor the inh3bitant5 of the area of benefit without distinction of political, relieious or other oplnions by the provision and tnaintÈnance of community centre for use bythÉ inhabltants. including use for.. Al meetlnES, lectures and tlasses,. and Bl other forms of recreation and lelsure tlme occupation. Areas of beneflt Towtester Address Towcester Town Hall 86 Watllne Street Eèst Towcester NN12 68S StrLJtture. Govornante and Management Trustee Towce5terTown Council 15 the Sole Twstee of the Charltv Trustees Annual Report 2024125 Flnantlal Year The agreement to provldÈ accommotsatlon 3t the Community Centre for NoTth3mptonshirÈ Children's Trust, a subsidiary of West Northamptonshlre Counci1 contlnued to operate successfully throughout the ye3r. The annual rent was £16,760.00 and, In additlon to thi5, WNC contributed towards tho costs for insurance, utilities and cleaning of the premises vl8 an annual recharge. The self-contained accommod3tion at the Q)rnrnunity Centre continues to provide a suitable space which supports thÈ attlvitiÈs of TowcÈsterTown Football Club. This use 15 allowed is free of tharEè. The sum of E20,000.W Is rlngfenced withln the bank account for the Towcester Youth & Communltv Centre to act as a resetve. Thls repre5ent5 the estirnatÈd oporatlng costs for the centre for 12 months and includes an allowance for unplènned maintellancelrepair5. A reduction in the actount balance to near this reserve will trigger a meeting of Towce5ter Town Councll. as sole Trustees. to determine an appropriate course of action. Regular hirers of the Comrnunty Centre during the 2024125 Financial Yeai inclvded..- Little Borrower5 Ifortnerly TowcÈsterToy Llbr3rvl TowcesterTable Tenni5 Club South Northants Youth Engagement Yoga from Shinel Natlonal Chlldbirth Trust Booele Bounce Exercise Classes R@Eular weekend bookings. rnostly children's Partles, supplement the Income for the centre.
TOWCESTER COMMUNITY CENTRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 Regular hlrers openlt105e for themselves. A relief caretaker opens and c105es lor one-off booklngs as rÈquiied. Contracted clezt)ers vlslt regular. The condition of the building 15 regularly revEwed with 3 schedule of outstHnding work5 required to the premises with the aim of extending the longevity of the building, which has conslderèbly Èxceeded it5 expected lifespan, and ttr increase it5 Bppeal to attract addition81 hlrÉr5. As a consequence. expenditure In rÉspÉct of tn3intenance and repairs has increasÈd. The Trustee continue5 to work c105ely with the local South Northants Policin8 Team to help allevlatÈ anti- social behaviour In the v1clnity of th@ centrÈ. The Trustees consider the Ti)wcester Comrnunlty Celltre Trust h35 met the oblective5 of the Chèrlty by helping the people of Towcester develop their physical and mental abillties In a safe and caring environment. Signed on behalf of the Trustees.. OetK>rah lewell Interim Town Clerk Name Date.. 07.04.26
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TOWCESTER COMMUNITY CENTRE TRUST I report to the trustees on my examination of the accounts ol Towcester Community Centre (the Trust) for the year ended 31st March 2025 Responsibilities and b3S15 01 report As the charity trustees of the Trust, YOU 8re responsit>le for the preparation of the account5 in accordance with the requirements of the Charitie5 Act 20111'the Act'l. I repoit in respect ol my &x8mination of the Trust's accounts C8rried out under Section 145 01 the 2011 Act 2nd in carrying out rny examination, I have followed all the applicable Directions given by the Charity Commisslon under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connettlon with the exam1nation giving me cause to believe that in any material respect., accounting records were not kept in accordance with section 130 of the Act., or the accounts do not accord with those records., or I have no concern5 and have come across no other matters in connection with the examination to whlch attention should be drawn in thi5 report in order to en3ble a proper understanding of the accounts to be reached. DO¥LGI RDWGIVL <oLd 07.04.26 Donna Row3n Gold For and on behalf of.. Dated Tove Accountancy Ltd Ollice 6. Town Hall, 86 Watling Street East, Towce5ter, Northants, NN12 6BS
TOWCESTER COMMUNITY CENTRE TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025 2025 2025 Unrestricted Restrlcted funds funds 2025 2024 Total funds Total funds Receipts Wèst Northamptonshire Council Rent Rent from other Us&rs 16,760 5,010 12,479 34,249 16,760 5,010 12,479 34,249 16,760 6,678 8,591 32,029 Recharge due from West Northamptonshire Council Total Payments (note 21 Ralsln8 funds 426 426 272 Managing and admlnisterin8 the Charitv Other 35,302 35,302 45.046 Total 35,728 35,728 45,318 Net receipts 11,4791 11.4791 113,2891 Transfers between funds Cash funds last year end 57,976 57,976 71,265 Cash fvnds this year end 56,497 56,497 57,976
TOWCESTER COMMUNITY CENTRE TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31st MARCH 2025 2025 2024 Cash funds Prepayments Debtors Bank 56,497 57,976 Cash Total 56,497 57,976 Represented by: Unrestricted funds 56.497 57,976 Restricted Funds Total funds 56,497 57,976 Asset5 reta5ned for the CharltV'5 use Equipment Land & Propertv Total Accountant's lees 420 420 Loan Other Total 2.639 3,059 834 1,254 Sign d on behalf ol all the trustees Deborah Jewell 07.04.26 Signatur Name Date ol approval
TOWCESTER COMMUNITY CENTRE TRUST NOTES TO THE FINANCIAL ¥tATEMENTS FOR THEYEAR ENDED315t MARCH 2025 l. B8sls of actounting These 8ccounts have been prepared under the Recelp15 2nd Payrnents" ba515 In actoidance with Charltv Commlssion 8uideline5 and legal reqvlreironis. These accounts have been prepared under the gtyng toncem concept. 2. Payments 2025 2025 2024 Unrestricted Restrlcted Funds Fund5 Total Funds R4i5ingfund5 Renr refunds 272 272 Charitable attlvltlÈs M3n3glMg and admlnlsterlng the Charlty 10,613 51 7,230 7,215 Wages- Caretaker PAYE Pension5 1,801 420 Accovntancy Repairs & Maintenance Cleanin8 Insurance 420 10,509 10,103 4,373 19,224 4,368 4,722 66 B3nk Charges 36.134 45,046 Other Sundry expenses Total payment5 36,134 45,318 2. Assets Towcesfer CommunltyCÈntreTru5t own5 rhe Community CÈntre tsuilding at Islington Road, Twcester, Northamptonshliè, Nf112 6AU. The Insured value of the building is £786,129 and the contents InsurÈd value is £5.2(K). Towcestercommunlty CentrÈ Trust received Rechargo amount of £28.260.0012024 £8,590.531 frarn West Norihampionshlre Countll in respectof expendlture Inturred £25,457.0312024 £10,978.91>, The dlfferefice E2,639.46 Is due to bÈ paid after the year end Towce51erCommunity centre Tiust owed TowcesterTown Council £2.639.4612024 £734.45) for expenditure recharged atthe Ènd of the year, this was pald afterthe ye?rend.