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2025-03-31-accounts

CHARITY REGISTRATION NUMBER: 506572

Ryhope Community Association Unaudited Financial Statements

31 March 2025

CS ACCOUNTING LIMITED

5 McMillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF

Ryhope Community Association

Financial Statements

Year ended 31 March 2025

Page
Trustees' annual report 1
Independent examiner's report to the trustees 4
Statement of financial activities 5
Statement of financial position 6
Statement of cash flows 7
Notes to the financial statements 8
The following pages do not form part of the financial statements
Detailed statement of financial activities 16
Notes to the detailed statement of financial activities 17

Ryhope Community Association

Trustees' Annual Report (continued)

Year ended 31 March 2025

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name Ryhope Community Association Charity registration number 506572 Principal office Black Road Ryhope Sunderland SR2 0RX The trustees Mr I Lawrence Mr J Lemon Mr R Surtees Mr S Rylance Mr JP Hedley Independent examiner C Smith CS Accounting Limited 5 McMillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF

Structure, governance and management

The organisation is a registered charity established in May 1975 as the Ryhope Community Association. The charity was formed under a constitution adopted on 14 May 1975 which listed the objects of the charity. Under this constitution the trustees are elected at the Annual General Meeting to serve a period of one year subject to ratification at each Annual General Meeting. The trustees were all appointed by Ryhope Community Association.

Objectives and activities

To promote the benefit of the inhabitants of the Borough of Sunderland without distinction of sex, sexual orientation, race, political, religious or other opinion, by association together with the said inhabitants and the local authorities, volunteer and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

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Ryhope Community Association

Trustees' Annual Report (continued)

Year ended 31 March 2025

Achievements and performance

Ryhope Community Association is a voluntary sector project with charitable status working in Ryhope, bringing with it the ability to attract charitable funds and regeneration. This year The Centre hosts leisure/activity sessions each week in addition to the training/learning opportunities.

The CA had an extremely busy and challenging year adapting its services to meet the growing needs of the community post Covid and responding to the cost of living crisis.

The CA has successfully delivered household support to hundreds of local residents, and continued to provide a welcoming place for residents to access activities, support, a warm meal, feeling welcomed and supported. All our sessions help to reduce social isolation and improve overall physical and mental health. We have worked with the LA and Public Health to share vital information. The CA acts as a hub for VCS groups to come together and provides over 36 services and activities.

The CA continues to face major ongoing challenges with increasingly high energy bills which have increased dramatically. Sunderland East Area Committee provided 1 year’s funding to continue to deliver its core services and enable the Community Development Worker to develop a funding strategy to secure funding. The Funding enabled the CA to employ sessional workers and a consultant to work alongside the Management Committee and the CDW to submit bids. As a result we successful secured 3year’s funding from the National Lottery Community Fund. This has provided stability and allowed us to employ a part time worker. As a consequence of this funding we have been able to secure additional match funding to deliver Links for Life and Household Support to hundreds of local residents and also secured funding to become a Digital Hub for the residents of Ryhope from UK Prosperity Funding. This year has been an overwhelming success and we have loved to see our service grow and develop.

The project has strong partnerships with funders and partner agencies that have contributed to the development of the project. Thanks to The Players of the National Lottery, The National Lottery Community Fund, Sunderland City Council East Area Committee, UK Prosperity Funding. Thanks also to Blue Watch Youth Centre, Back on the Map, The Box Youth Centre, Active Families North East Gentoo Recovery College, St Paul C of E Primary School, Ryhope Infants School, Ryhope Juniors, St Patricks Primary School Bumps to Babies and Northumbria Police and many more for working in partnership with us on a range of services, activities and courses to support our local community.

The progress of the project has been exhilarating and the achievements to date are testaments to the efforts and dedication of the trustees, project employees and volunteers which are crucial to its success. I would like to take the opportunity to thank each and every one of you as we couldn't do it without.

Financial review

Results

It has been another successful year for the charity and the trustees are pleased with the current state of the charity's finances. The net incoming resources for the year amounted to £9,305 of which £17,543 are restricted funds and £(8,238) attributable to the reserves fund. Balance carried forward £162,894.

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Ryhope Community Association

Trustees' Annual Report (continued)

Year ended 31 March 2025

Ryhope Community Association received the following restricted funds:

National Lottery Community Fund - RC North East and Cumbria Region Income: £47,984.00 Expenditure: £47,984.00

Reserves Policy

The trustees have established a policy whereby the unrestricted funds, not committed or invested in fixed assets, held by the charity should be transferred to the reserves fund. The trustees feel they would be able to continue the current activities in the event of a significant drop in funding. It would obviously be necessary to consider how the funding could be replaced or activities changed.

The trustees' annual report was approved on 4 November 2025 and signed on behalf of the board of trustees by:

Mr R Surtees Trustee

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Ryhope Community Association

Independent Examiner's Report to the Trustees of Ryhope Community Association

Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of Ryhope Community Association ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements 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.

C Smith CS Accounting Limited Independent Examiner 5 McMillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF

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Ryhope Community Association

Statement of Financial Activities

Year ended 31 March 2025

2025 2024
Unrestricted Restricted
funds funds Total funds Total funds
Note
£
£ £ £
Income and endowments
Donations and legacies 4
3,223
106,101 109,324 62,256
Other trading activities 5
43,781
43,781 47,714
------------------------------ ----------------------------------- ----------------------------------- -----------------------------------
Total income 47,004 106,101 153,105 109,970
============================== =================================== =================================== ===================================
Expenditure
Expenditure on charitable activities
6,7

55,242
88,558 143,800 111,600
------------------------------ ----------------------------------- ----------------------------------- -----------------------------------
Total expenditure 55,242 88,558 143,800 111,600
============================== =================================== =================================== ===================================
------------------------------ ----------------------------------- ----------------------------------- -----------------------------------
Net income/(expenditure) and net
movement in funds (8,238) 17,543 9,305 (1,630)
============================== =================================== =================================== ===================================
Reconciliation of funds
Total funds brought forward 130,306 23,283 153,589 155,219
----------------------------------- ----------------------------------- ----------------------------------- -----------------------------------
Total funds carried forward 122,068 40,826 162,894 153,589
=================================== =================================== =================================== ===================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 14 form part of these financial statements.

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Ryhope Community Association

Statement of Financial Position

31 March 2025

2025 2024
Note £ £ £
Fixed assets
Tangible fixed assets 12 1,183 1,578
Current assets
Debtors 13 8,039
Cash at bank and in hand 166,229 145,786
----------------------------------- -----------------------------------
166,229 153,825
Creditors: amounts falling due within one year 14 4,518 1,814
----------------------------------- -----------------------------------
Net current assets 161,711 152,011
----------------------------------- -----------------------------------
Total assets less current liabilities 162,894 153,589
----------------------------------- -----------------------------------
Net assets 162,894 153,589
=================================== ===================================
Funds of the charity
Restricted funds 40,826 23,283
Unrestricted funds 122,068 130,306
----------------------------------- -----------------------------------
Total charity funds 16 162,894 153,589
=================================== ===================================

These financial statements were approved by the board of trustees and authorised for issue on 4 November 2025, and are signed on behalf of the board by:

Mr R Surtees Trustee

The notes on pages 8 to 14 form part of these financial statements.

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Ryhope Community Association

Statement of Cash Flows

Year ended 31 March 2025

2025 2024
£ £
Cash flows from operating activities
Net income/(expenditure) 9,305 (1,630)
Adjustments for:
Depreciation of tangible fixed assets 395 475
Accrued expenses 9,585 4,790
Changes in:
Trade and other debtors 444 2,040
Trade and other creditors 714 (464)
------------------------------ -------------------------
Cash generated from operations 20,443 5,211
------------------------------ -------------------------
Net cash from operating activities 20,443 5,211
============================== =========================
Cash flows from investing activities
Purchase of tangible assets (602)
------------------------------ -------------------------
Net cash used in investing activities (602)
============================== =========================
Net increase in cash and cash equivalents 20,443 4,609
Cash and cash equivalents at beginning of year 145,786 141,177
----------------------------------- -----------------------------------
Cash and cash equivalents at end of year 166,229 145,786
=================================== ===================================

The notes on pages 8 to 14 form part of these financial statements.

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Black Road, Ryhope, Sunderland, SR2 0RX.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the

cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Donations
Donations & Fundraising 3,223 3,223
Grants
Grants 106,101 106,101
------------------------- ----------------------------------- -----------------------------------
3,223 106,101 109,324
========================= =================================== ===================================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Donations & Fundraising 164 164
Grants
Grants 62,092 62,092
--------------- ------------------------------ ------------------------------
164 62,092 62,256
=============== ============================== ==============================

5. Other trading activities

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Cricket Club Rent 9,075 9,075
Room Hire & Session Fees 34,706 34,706
------------------------------ --------------- ------------------------------
43,781 43,781
============================== =============== ==============================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Cricket Club Rent 10,175 10,175
Room Hire & Session Fees 31,254 6,285 37,539
------------------------------ ------------------------- ------------------------------
41,429 6,285 47,714
============================== ========================= ==============================

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

6. Expenditure on charitable activities by fund type

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Direct costs 4,500 52,372 56,872
Support costs 50,742 36,186 86,928
------------------------------ ------------------------------ -----------------------------------
55,242 88,558 143,800
============================== ============================== ===================================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Direct costs 3,856 10,220 14,076
Support costs 53,400 44,124 97,524
------------------------------ ------------------------------ -----------------------------------
57,256 54,344 111,600
============================== ============================== ===================================
7. Expenditure on charitable activities by activity type
Activities
undertaken Support Total funds Total fund
directly costs 2025 2024
£ £ £ £
Direct costs and staff costs 56,872 47,836 104,708 56,561
Overheads 39,092 39,092 55,039
------------------------------ ------------------------------ ----------------------------------- -----------------------------------
56,872 86,928 143,800 111,600
============================== ============================== =================================== ===================================
8. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible fixed assets 395 475
=============== ===============
9. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 960
===============
840
===============

10. Staff costs

The total staff costs and employee benefits for the reporting period are The total staff costs and employee benefits for the reporting period are analysed as
follows:
2025 2024
£ £
Wages and salaries 46,321 41,619
Employer contributions to pension plans 1,015 866
------------------------------ ------------------------------
47,336 42,485
============================== ==============================

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

The average head count of employees during the year was 2 (2024: 2).

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

11. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

12. Tangible fixed assets

Fixtures and
fittings Total
£ £
Cost
At 1 April 2024 and 31 March 2025 4,837 4,837
========================= =========================
Depreciation
At 1 April 2024 3,259 3,259
Charge for the year 395 395
------------------------- -------------------------
At 31 March 2025 3,654 3,654
========================= =========================
Carrying amount
At 31 March 2025 1,183 1,183
========================= =========================
At 31 March 2024 1,578 1,578
========================= =========================
13. Debtors
2025 2024
£ £
Trade debtors 444
Prepayments and accrued income 7,595
--------------- -------------------------
8,039
=============== =========================
14. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 665 28
Accruals and deferred income 2,753 763
Social security and other taxes 902 547
Other creditors 198 476
------------------------- -------------------------
4,518 1,814
========================= =========================

15. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,015 (2024: £866).

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Ryhope Community Association

Notes to the Financial Statements (continued)

Year ended 31 March 2025

16. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At
At 31 March 20
1 April 2024 Income Expenditure 25
£ £ £ £
Unrestricted Funds 130,306 47,004 (55,242)
122,068
=================================== ============================== ============================== ===================================
At
At 31 March 20
1 April 2023 Income Expenditure 24
£ £ £ £
Unrestricted Funds 145,969 41,593 (57,256)
130,306
=================================== ============================== ============================== ===================================
Restricted funds
At
At 31 March 20
1 April 2024 Income Expenditure 25
£ £ £ £
Restricted Funds 23,283 106,101 (88,558)
40,826
============================== =================================== ============================== ==============================
At
At 31 March 20
1 April 2023 Income Expenditure 24
£ £ £ £
Restricted Funds 9,250 68,377 (54,344)
23,283
=============== ============================== ============================== ==============================
17. Analysis of changes in net debt
At At
1 Apr 2024 Cash flows 31 Mar 2025
£ £ £
Cash at bank and in hand 145,786 20,443 166,229
=================================== ============================== ===================================

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Ryhope Community Association

Management Information

Year ended 31 March 2025

The following pages do not form part of the financial statements.

- 15 -

Ryhope Community Association

Detailed Statement of Financial Activities

Year ended 31 March 2025

2025 2024
£ £
Income and endowments
Donations and legacies
Donations & Fundraising 3,223 164
Grants 30,756 37,876
Government grants 27,361 _
National Lottery Funding 47,984 24,216
----------------------------------- ------------------------------
109,324 62,256
----------------------------------- ------------------------------
Other trading activities
Cricket Club Rent 9,075 10,175
Room Hire & Session Fees 34,706 37,539
------------------------------ ------------------------------
43,781 47,714
------------------------------ ------------------------------
----------------------------------- -----------------------------------
Total income 153,105 109,970
=================================== ===================================
Expenditure
Expenditure on charitable activities
Direct activity costs 54,922 14,076
Equipment 1,950
Wages and salaries 46,321 41,619
Pension costs 1,015 866
Rates 829 638
Service charge 1,571
Utilities 15,454 20,660
Building maintenance and cleaning 15,176 19,360
Insurance 1,388 1,059
IT Costs & Website Hosting 72 687
Accounting fees 1,013 773
Telephone 1,528 1,456
Other office costs 691 369
Depreciation 394 476
Training and governance 1,579
Consultancy 6,250
Sundry expenses 1,468 1,740
----------------------------------- -----------------------------------
143,800 111,600
----------------------------------- -----------------------------------
----------------------------------- -----------------------------------
Total expenditure 143,800 111,600
=================================== ===================================
----------------------------------- -----------------------------------
Net income/(expenditure) 9,305 (1,630)
=================================== ===================================

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Ryhope Community Association

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2025

2025 2024
£ £
Expenditure on charitable activities
Activities undertaken directly
Direct activity costs 54,922 14,076
Equipment 1,950
------------------------------ ------------------------------
56,872 14,076
------------------------------ ------------------------------
Support costs
Staff Costs 46,321 41,619
Pension Costs 1,015 866
------------------------------ ------------------------------
47,336 42,485
------------------------------ ------------------------------
Overheads
Rates 829 638
Service Charges 1,571
Utilities 15,454 20,660
Building Maintenance & Cleaning 15,176 19,360
Insurance 1,388 1,059
IT Costs & Website Hosting 72 687
Accounting fees 1,013 773
Telephone 1,528 1,456
Printing Postage & Stationery 691 369
Depreciation 394 476
Training and Governance 1,579
Consultancy 6,250
Sundry Expenses 1,468 1,740
------------------------------ ------------------------------
39,592 55,039
------------------------------ ------------------------------
----------------------------------- -----------------------------------
Expenditure on charitable activities 143,800 111,600
=================================== ===================================

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