REGISTERED CHARITY NUMBER: 0305150
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
Fairlands, Liddington Hall & Gravetts Lane Community Association
WHITTINGTONS Chartered Accountants
1 High Street Guildford Surrey GU2 4HP
Fairlands, Liddington Hall & Gravetts Lane Community Association
Contents of the Financial Statements for the Year Ended 31 December 2024
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |
Fairlands, Liddington Hall & Gravetts Lane Community Association
Reference and Administrative Details for the Year Ended 31 December 2024
TRUSTEES Ms H Smart Ms A Renshaw I D Renshaw N S Sherwin R V Dalton J A Dalton Z L Carrazedo PRINCIPAL ADDRESS Fairlands Avenue Fairlands GU3 3NA REGISTERED CHARITY NUMBER 0305150 INDEPENDENT EXAMINER WHITTINGTONS Chartered Accountants 1 High Street Guildford Surrey GU2 4HP
Page 1
Fairlands, Liddington Hall & Gravetts Lane Community Association
Report of the Trustees for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES Objectives and aims
The objects of the charity are to:
1) Promote the benefit of the inhabitants of Fairlands, Liddington Hall, Gravetts Lane, Holly Lane and the Aldershot Road from Liddington Hall Drive to Holly Lane and the neighbourhood (hereinafter called "the area of benefit") without distinction of sex, sexual orientation, race or of political religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
2) Establish, or secure the establishment of, a Community Centre (hereinafter called "the Centre) and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects.
3) Promote such other charitable purpose as may from time to time be determined.
The Association shall be non-party in politics and non-sectarian in religion.
The association continues to maintain the internal and external decoration and facilities to as high a standard as funds allow while ensuring we conform to all health and safety requirements.The centre is aging and considerable funds are required to bring up to the standard we would wish to have.
Public benefit
The aims and objective of Fairlands, Liddington Hall and Gravetts Lane Community Association as a Charitable Association remain as always - we aim to promote and maintain the Centre and associated grounds as a pleasant, amenable place for all, encouraging sport and social amenities for all ages and gender of the community local or otherwise.
The Trustees have discussed the issue of public benefit and are confident that the breadth and scope of the work the charity undertakes, as disclosed in this report complies with Section 17 of the Charities Act 2011 and has due regard to the Charity Commission's general guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The Community Centre has continued to be fully used by the area of benefit for which the charity was established and this is expected to continue.
The main activities undertaken to further its charitable purposes for the public benefit included: the continued letting to local groups and charities at reduced rate.
"Enhancements to our website making us more user friendly" to read - Continue to maintain, develop and improve our website enabling user friendly hall booking and information sharing.
Installation of an additional solar power battery thereby improving our carbon emissions while optimising our energy costs.
Upgraded and enhanced our sound system to the benefit hall users.
Having explored the opportunities on offer via "Surrey County Council" and "Your Fund Surrey" to redevelop the Community Centre it was determined that this was too ambitious a project with advice that such levels of funding would not be available. Focus now moving to maintaining and ,where able, uplifting the existing buildings.
Factors that are relevant to the achievement of the charity's objectives include: the maintenance of good working relationships with staff, hall users and contributory groups; the receipt of grants from Guildford Borough, Worplesdon Parish and Surrey County Councils; continual involvement with consultation groups to ensure that within the area of benefit all users are represented.
As Trustees of the Fairlands, Liddington Hall and Gravetts Lane Community Association, the Management Committee have identified the major risks to which the charity is exposed. These have been reviewed and appropriate systems and procedures have been established to manage those risks.
Page 2
Fairlands, Liddington Hall & Gravetts Lane Community Association
Report of the Trustees for the Year Ended 31 December 2024
FINANCIAL REVIEW
Financial position
The various committees that help manage and run the Hall for the local population have continued in their endeavours to ensure that sufficient funds are generated from available grant funding, subscriptions, advertising, donations, fundraising and the hire of the hall and grounds by local groups and individuals. This income has allowed the continued maintenance of the hall, land and buildings which allows inhabitants of the area of benefit, to use the premises.
During the year, the Association received the contribution of time from unpaid members, without whose help, the Association does not believe they would be able to continue. However, this donated time has not been shown for accounting purposes as either a cost or as income.
The Association's policy is to maintain unrestricted free funds of at least £15,000. This is intended to provide sufficient funds to meet any unforeseen situations.
FUTURE PLANS
The Hall Committee will continue in its endeavours to obtain maximum usage of the Hall by the local population and in this pursuit will ensure that facilities and grounds are of a continuing suitable standard to attract users.
In addition, the charity plans to arrange for the following:
-Have a full building survey carried out enabling focus on key areas for upkeep and uplift.
-Explore all funding opportunities with focus on enabling identified works to be carried out.
-Continue to engage with the local community encouraging involvement, support and volunteering to aid the Association in its aims and objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The Association is governed by a Management Committee who are its Trustees for the purposes of charity law. The governing document is the Constitution. The Trustees who served during the year, are set out on page one. Trustees are elected by members of the Community Association and collectively comprise the Association's Management Council. There is no specific method of recruiting or training new trustees. All decisions are made by the Management Council.
The management meetings are attended by representatives of other organisations who use the premises so that any decisions are made after consultation with interested parties.
The charity has a trading branch (a bar) in the hall which is operated when the hall is hired. The trading entity donates surplus income to the charity on a regular basis.
Approved by order of the board of trustees on 9 June 2025 and signed on its behalf by:
Ms H Smart - Trustee
Page 3
Independent Examiner's Report to the Trustees of Fairlands, Liddington Hall & Gravetts Lane Community Association
Independent examiner's report to the trustees of Fairlands, Liddington Hall & Gravetts Lane Community Association
I report to the charity trustees on my examination of the accounts of Fairlands, Liddington Hall & Gravetts Lane Community Association (the Trust) for the year ended 31 December 2024.
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:
-
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
-
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.
Martin Joseph
WHITTINGTONS Chartered Accountants 1 High Street Guildford Surrey GU2 4HP
9 June 2025
Page 4
Fairlands, Liddington Hall & Gravetts Lane Community Association
Statement of Financial Activities for the Year Ended 31 December 2024
| 31.12.24 | 31.12.23 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 8,360 | 1,666 | 10,026 | 28,519 | ||
| Charitable activities | ||||||
| Premises hire | 34,388 | - | 34,388 | 37,933 | ||
| Support Costs | - | - | - | 356 | ||
| Grounds/Pavilion/Field costs | 844 | - | 844 | - | ||
| Other trading activities | 2 | 9,412 | - | 9,412 | 13,198 | |
| Investment income | 3 | 333 | - | 333 | 283 | |
| Total | 53,337 | 1,666 | 55,003 | 80,289 | ||
| EXPENDITURE ON | ||||||
| Charitable activities | ||||||
| Premises hire | 10,361 | - | 10,361 | - | ||
| Support Costs | 3,976 | - | 3,976 | 10,994 | ||
| Grounds/Pavilion/Field costs | 14,346 | 1,984 | 16,330 | 21,223 | ||
| Management expenses | 25,373 | - | 25,373 | 33,767 | ||
| Governance costs | 3,821 | - | 3,821 | 3,310 | ||
| Total | 57,877 | 1,984 | 59,861 | 69,294 | ||
| NET INCOME/(EXPENDITURE) | (4,540) | (318) | (4,858) | 10,995 | ||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 195,111 | 14,946 | 210,057 | 199,062 | ||
| TOTAL FUNDS CARRIED FORWARD | 190,571 | 14,628 | 205,199 | 210,057 |
The notes form part of these financial statements
Page 5
Fairlands, Liddington Hall & Gravetts Lane Community Association
Balance Sheet 31 December 2024
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 6 156,433 7,243 CURRENT ASSETS Debtors 7 1,730 - Cash at bank and in hand 41,110 7,386 42,840 7,386 CREDITORS Amounts falling due within one year 8 (8,702) (1) NET CURRENT ASSETS 34,138 7,385 TOTAL ASSETS LESS CURRENT LIABILITIES 190,571 14,628 NET ASSETS 190,571 14,628 FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
31.12.24 Total funds £ 163,676 1,730 48,496 50,226 (8,703) 41,523 205,199 205,199 190,571 14,628 205,199 |
31.12.23 Total funds £ 170,265 1,716 50,377 52,093 (12,301) 39,792 210,057 210,057 195,111 14,946 210,057 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 9 June 2025 and were signed on its behalf by:
A Renshaw - Trustee
H Smart - Trustee
The notes form part of these financial statements
Page 6
Fairlands, Liddington Hall & Gravetts Lane Community Association
Notes to the Financial Statements for the Year Ended 31 December 2024
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.
Income
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.
No amount is included in the financial statements for volunteer time in line with the SORP. Further detail is given in the Trustees' Annual Report.
Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.
Gifts in kind donated for resale are included at fair value, being the expected proceeds from sale less the expected costs of sale. Where estimating the fair value is practicable upon receipt it is recognised in stock and 'Income from other trading activities'. Upon sale, the value of the stock is charged against 'Income from other trading activities' and the proceeds are recognised as 'Income from other trading activities'. Where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until they are sold. This income is recognised within 'Income from other trading activities'.
Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.
Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.
The charity receives government grants. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.
Investment income is earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income
is recognised using the effective interest method and dividend and rent income is recognised as the charity's right to receive payment is established.
Page 7
continued...
Fairlands, Liddington Hall & Gravetts Lane Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES - continued
Income
Other income includes the conversion of endowment funds into income which arises when capital funds are released to an income fund from expendable endowments or when a charity has authority to adopt a total return approach to its permanent endowment fund. It also includes other income such as gains on disposals of tangible fixed assets.
Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:
-
" Costs of raising funds;
-
" Expenditure on charitable activities; and
-
" Other expenditure represents those items not falling into the categories above.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Centre Development - 2% on cost Fixtures and fittings - 15% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds 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 or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| Fundraising events | 1,056 | 2,742 |
| Magazine income | 8,271 | 8,291 |
| Ground fees | 25 | 465 |
| Miscellaneous Income | 60 | 1,700 |
| 9,412 | 13,198 |
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continued...
Fairlands, Liddington Hall & Gravetts Lane Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
3. INVESTMENT INCOME
Deposit account interest
| 31.12.24 | 31.12.23 |
|---|---|
| £ | £ |
| 333 | 283 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 18,117 Charitable activities Premises hire 37,933 Support Costs 356 Other trading activities 13,198 Investment income 283 Total 69,887 EXPENDITURE ON Charitable activities Support Costs 10,994 Grounds/Pavilion/Field costs 21,094 Management expenses 33,767 Governance costs 3,310 Total 69,165 NET INCOME 722 RECONCILIATION OF FUNDS Total funds brought forward 194,389 TOTAL FUNDS CARRIED FORWARD 195,111 |
Restricted funds £ 10,402 - - - - 10,402 - 129 - - 129 10,273 4,673 14,946 |
Total funds £ 28,519 37,933 356 13,198 283 |
|---|---|---|
| 80,289 | ||
| 10,994 21,223 33,767 3,310 |
||
| 69,294 | ||
| 10,995 199,062 |
||
| 210,057 |
Page 9
continued...
Fairlands, Liddington Hall & Gravetts Lane Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
6. TANGIBLE FIXED ASSETS
| 6. TANGIBLE FIXED ASSETS |
||
|---|---|---|
| Centre Development £ COST At 1 January 2024 and 31 December 2024 212,526 DEPRECIATION At 1 January 2024 57,847 Charge for year 4,251 At 31 December 2024 62,098 NET BOOK VALUE At 31 December 2024 150,428 At 31 December 2023 154,679 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR VAT Prepayments and accrued income Prepayments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 9. MOVEMENT IN FUNDS At 1.1.24 £ Unrestricted funds General fund 195,111 Restricted funds Centre Development 7,560 Grit Box 30 Fairlands Festival 2013 74 Outside Lights 421 Roll Down Banners 906 Council Grant 5,155 Covid Grant 800 14,946 TOTAL FUNDS 210,057 |
Fixtures and fittings £ 71,971 56,385 2,338 58,723 13,248 15,586 31.12.24 £ 564 416 750 1,730 31.12.24 £ 138 8,565 8,703 Net movement in funds £ (4,540) (318) - - - - - - (318) (4,858) |
Totals £ 284,497 |
| 114,232 6,589 |
||
| 120,821 | ||
| 163,676 | ||
| 170,265 | ||
| 31.12.23 £ 338 678 700 1,716 31.12.23 £ 94 12,207 12,301 At 31.12.24 £ 190,571 7,242 30 74 421 906 5,155 800 |
||
| 14,628 | ||
| 205,199 |
Page 10
continued...
Fairlands, Liddington Hall & Gravetts Lane Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 53,337 | (57,877) | (4,540) |
| Restricted funds | |||
| Centre Development | 1,666 | (1,984) | (318) |
| TOTAL FUNDS | 55,003 | (59,861) | (4,858) |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.1.23 | in funds | 31.12.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 194,389 | 722 | 195,111 |
| Restricted funds | |||
| Centre Development | (2,713) | 10,273 | 7,560 |
| Grit Box | 30 | - | 30 |
| Fairlands Festival 2013 | 74 | - | 74 |
| Outside Lights | 421 | - | 421 |
| Roll Down Banners | 906 | - | 906 |
| Council Grant | 5,155 | - | 5,155 |
| Covid Grant | 800 | - | 800 |
| 4,673 | 10,273 | 14,946 | |
| TOTAL FUNDS | 199,062 | 10,995 | 210,057 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 69,887 | (69,165) | 722 |
| Restricted funds | |||
| Centre Development | 10,402 | (129) | 10,273 |
| TOTAL FUNDS | 80,289 | (69,294) | 10,995 |
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continued...
Fairlands, Liddington Hall & Gravetts Lane Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Centre Development Grit Box Fairlands Festival 2013 Outside Lights Roll Down Banners Council Grant Covid Grant TOTAL FUNDS |
At 1.1.23 £ 194,389 (2,713) 30 74 421 906 5,155 800 4,673 199,062 |
Net movement in funds £ (3,818) 9,955 - - - - - - 9,955 6,137 |
At 31.12.24 £ 190,571 7,242 30 74 421 906 5,155 800 |
|---|---|---|---|
| 14,628 | |||
| 205,199 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 123,224 | (127,042) | (3,818) |
| Restricted funds | |||
| Centre Development | 12,068 | (2,113) | 9,955 |
| TOTAL FUNDS | 135,292 | (129,155) | 6,137 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 12
Fairlands, Liddington Hall & Gravetts Lane Community Association
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 751 | 5,496 |
| Grants | 1,666 | 21,052 |
| Subscriptions | 7,609 | 1,971 |
| 10,026 | 28,519 | |
| Other trading activities | ||
| Fundraising events | 1,056 | 2,742 |
| Magazine income | 8,271 | 8,291 |
| Ground fees | 25 | 465 |
| Miscellaneous Income | 60 | 1,700 |
| 9,412 | 13,198 | |
| Investment income | ||
| Deposit account interest | 333 | 283 |
| Charitable activities | ||
| Hall lettings / Pavilion Hire | 29,982 | 33,489 |
| Bar Rental | 5,250 | 4,800 |
| 35,232 | 38,289 | |
| Total incoming resources | 55,003 | 80,289 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Performing rights | 951 | 412 |
| Free to attend events | 279 | 717 |
| Rates and water | 512 | 525 |
| Insurance | 7,396 | 7,930 |
| Light and heat | 7,205 | 21,678 |
| Telephone | 616 | 726 |
| Office costs | 1,565 | 2,109 |
| Magazine costs | 8,500 | 7,040 |
| Cleaning | 2,678 | 1,048 |
| Repairs and Maintenance | 15,241 | 14,132 |
| Support costs | 1,171 | 664 |
| 46,114 | 56,981 | |
| Finance | ||
| Sundries | 3,338 | 1,992 |
| Bank charges | - | 10 |
| 3,338 | 2,002 | |
| Governance costs | ||
| Wages | 2,221 | 2,110 |
| Carried forward | 2,221 | 2,110 |
This page does not form part of the statutory financial statements
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Fairlands, Liddington Hall & Gravetts Lane Community Association
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| Governance costs | ||
| Brought forward | 2,221 | 2,110 |
| Auditors' remuneration for non audit work | 1,600 | 1,200 |
| Freehold property | 4,250 | 4,251 |
| Fixtures and fittings | 2,338 | 2,750 |
| 10,409 | 10,311 | |
| Total resources expended | 59,861 | 69,294 |
| Net (expenditure)/income | (4,858) | 10,995 |
This page does not form part of the statutory financial statements
Page 14