REGISTERED CHARITY NUMBER: 509005 

= 

Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 March 2025 

for 

Highfield Hall Community Association 

Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX 

## Highfield Hall Community Association 

Contents of the Financial Statements for the Year Ended 31.March 2025 


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Page<br>Report of the Trustees 1 to 2<br>Independent Examiner's Report 3<br>Statement of Financial Activities 4<br>Balance Sheet 5<br>Notes to the Financial Statements 6 to 9<br>Detailed Statement of Financial Activities 10<br>**----- End of picture text -----**<br>


= 

Highfield Hall Community Association 

Report of the Trustees for the Year Ended 31 March 2025 

= 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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 | January 2019). 

## OBJECTIVES AND ACTIVITIES 

## Objectives and aims 

The main objectives of the charity continue to be the provision of a community premises for leisure and educational activities. 

The committee is satisfied with the performance of the charity during the year and in planning the use of the building for various community groups the committee has had regard to the Charity Commission's guidance on public benefit. 

## ACHIEVEMENT AND PERFORMANCE 

## Charitable activities 

The charity has continued to work hard during the year to ensure Highfield Hall is made known and utilised by community groups for leisure and educational pursuits. 

This year Highfield Hall has been used by various groups including dance classes, acting classes and a nursery. 

The trustees, together with volunteers, have organised various events throughout the year including family friendly Christmas and Easter activities. 

## FINANCIAL REVIEW 

## Financial position 

During the year, significant efforts have been made to revamp Highfield Hall and promote its use throughout the local community. Room booking processes have been streamlined and key running costs have been reviewed leading to some financial savings. 

In January, the charity received an insurance settlement payment of £55,000 following the destruction of an outbuilding on the property. As the land and buildings belong to Bolton Council, they have control over how the insurance money is utilised and it was agreed that the charity will use the funds for the improvement of the main building rather than the reinstatement of the destroyed outbuilding. At the year end, the remaining balance to be spent was £43,662 which is represented as a liability in the accounts. 

Discussions with Bolton Council for the ongoing use of Highfield Hall have been positive and a stable foundation is being built. Going forward, the charity will actively seek grant funding to further improve the facilities and events that are made available to the local community. 

## Reserves policy 

For the time being, the charity aims to maintain unrestricted reserves equivalent to three months' of ongoing expenditure with a longer term goal of increasing that to six months to allow the charity to withstand any unexpected periods where the building is unable to be hired out for maintenance or other unforeseen issues. 

At the year end, the charity had unrestricted reserves of £5,506 compared to three months’ of ongoing expenditure of £6,091. In the next year, with the help of increased bookings and awareness, the trustees are confident the reserves target will be met. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

## Governing document 

The charity is controlled by its governing document, a constitution adopted on 20 April 2012, and constitutes an association consisting of members within Highfield, New Bury and Harper Green areas of Bolton. 

## Recruitment and appointment of new trustees 

The trustees are elected at the charity's Annual General Meeting. Members of the outgoing committee may stand for re-election if they wish. 

Page | 

Highfield Hall Community Association 

7 

Report of the Trustees for the Year Ended 31 March 2025 

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 509005 

Principal address Highfield Hall Farm Highfield Road Farnworth Bolton BL4 0AW 

Trustees 

S Taylor (resigned 30.8.24) C Collins D Wilson (resigned 19.9.24) W A Crompton (resigned 30.10.24) M Kay (resigned 23.1.25) J Meacham (resigned 19.9.24) J Gillies (appointed 1.6.24) S Breadney (appointed 25.11.24) J Clarke (appointed 25.11.24) J Lee (appointed 25.11.24) 

Independent Examiner Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX 

Approved by order of the board of trustees on 25...“5 ~~ Vaemos.AcR>and signed on its behalf by: J Clarke - Trustee Ca 

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26th November 2025 Dates csaccssresssesyanyxencesreavarsseaevencueres 

7 

## Highfield Hall Community Association 

Statement of Financial Activities for the Year Ended 31 March 2025 


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|||||||||
|---|---|---|---|---|---|---|---|
|31.3.25|31.3.24|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|3|£|£|£|
|INCOME|AND ENDOWMENTS|FROM|
|Donations|and|legacies|500|-|500|-|
|Charitable|activities|
|Hire|of facilities|39,615|-|39,615|21,758|
|Other|trading|activities|2|213|-|213|-|
|Investment|income|3|-|-|-|4|
|Total|40,328|-|40,328|21,762|
|EXPENDITURE|ON|
|Charitable|activities|
|Community|events|3,262|-|3,262|-|
|Hire|of facilities|30,284|-|30,284|22,451|
|Other|1,661|.|1,661|1,414|
|Total|35,207|-|35,207|23,865|
|NET|INCOME/(EXPENDITURE)|5,121|-|§,121|(2,103)|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|385|.|385|2,488|
|TOTAL|FUNDS|CARRIED FORWARD|5,506|-|5,506|385|

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The notes form part of these financial statements 

Page 4 

Highfield Hall Community Association 

||Balance Sheet||||||
|---|---|---|---|---|---|---|
||31 March 2025||||||
||||||31.3:25|31.3.24|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|&|£|£|£|
||FIXEDASSETS||||||
||Tangible assets|5|1,076|-|1,076|500|
||CURRENT ASSETS||||||
||Debtors|6|-|.|-|18,225|
||Cash at bank||49,423|-|49,423|919|
||||49,423|-|49.423|19,144|
||CREDITORS||||||
||Amounts falling due within oneyear|7|(44,993)|-|(44,993)|(19,259)|
|-|NETCURRENT ASSETS||4,430|-|4,430|(115)|
||TOTAL ASSETS LESS CURRENT||||||
||LIABILITIES||5,506|-|5,506|385|
||NET ASSETS/(LIABILITIES)||5,506|-|5,506|385|
||FUNDS|8|||||
||Unrestricted funds||||5,506|385|
||TOTALFUNDS||||5,506|385|



The financial statements were approved by the Board of Trustees and authorised for issue on DSS.Ncwecdean:...22.5. and were signed on its behalf by: AGEarke - Trustee 


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Z 

The notes form part of these financial statements 

Page 5 

Highfield Hall Community 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. 

## Income 

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 amountof 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. 

Improvements to property - at variable rates on reducing balance Fixtures and fittings - at variable rates on reducing balance 

## Taxation 

The charity is exempt from tax on its charitable activities. 

## Fund accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

2. OTHER TRADING ACTIVITIES 

## Fundraising events 

3153.25 31.3.24 £ ze 213 - 

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continued... 

Highfield Hall Community Association 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

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3. INVESTMENT INCOME 

## Deposit account interest 


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31.3.25 31.3.24<br>£ £<br>- 4<br>**----- End of picture text -----**<br>


4. 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. 

5; TANGIBLE FIXED ASSETS 

|5;|TANGIBLE FIXED ASSETS||||
|---|---|---|---|---|
|||Improvements|Fixtures||
|||to|and||
|||property|fittings|Totals|
|||£|£|£|
||COST||||
||At | April 2024|54,344|8,443|62,787|
||Additions|:|1,036|1,036|
||At 31 March 2025|54,344|9,479|63,823|
||DEPRECIATION||||
||At | April 2024|53,892|8,395|62,287|
||Charge for year|135|325|460|
||At 31 March 2025|54,027|8,720|62,747|
||NET BOOK VALUE||||
||At 31 March 2025|317|759|1,076|
||At 31 March 2024|452|48|500|
|6.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31.3.25|31.3.24|
||||£|£|
||Otherdebtors||-|18,225|



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continued... 

Highfield Hall Community Association 

= 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

: 


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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|7.|CREDITORS:|AMOUNTS|FALLING DUE|WITHIN|ONE YEAR|
|31.3.25|31.3.24|
|£|£|
|Other|creditors|44,993|19,259|
|8.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.4.24|in|funds|313.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|385|S121|5,506|
|TOTAL|FUNDS|385|5,121|5,506|
|Net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|40,328|(35,207)|5,121|
|TOTAL|FUNDS|40,328|(35,207)|5,121|
|Comparatives|for|movement|in|funds|
|Net|Transfers|
|movement|between|At|
|At|1.4.23|in|funds|funds|31.3.24|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|(375)|(2,103)|2,863|385|
|Restricted|funds|
|Restricted|fund|2,863|-|(2,863)|-|
|TOTAL|FUNDS|2.488|(2,103)|-|385|
|Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|21,762|(23,865)|(2,103)|
|TOTAL FUNDS|21,762|(23,865)|(2,103)|

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continued... 

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Highfield Hall Community Association 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

## 9. CONTINGENT LIABILITIES 

The building which the charity rents to community groups is leased to the charity on a short term basis by Bolton Council. Bolton Council has not demanded any rent from the charity and as such no provision for rent has been made in the accounts. 

## 10. RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 31 March 2025. 

Page 9 

Highfield Hall Community Association 

|Detailed Statement ofFinancial Activities|||
|---|---|---|
|for the Year Ended 31 March 2025|||
||31'.3(25|31.3.24|
||£|£|
|INCOME ANDENDOWMENTS|||
|Donations and legacies|||
|Donations|500|.|
|Other trading activities|||
|Fundraising events|213|-|
|Investment income|||
|Deposit account interest|.|4|
|Charitable activities|||
|Room hire|39,615|21,758|
|Total incoming resources|40,328|21,762|
|EXPENDITURE|||
|Charitable activities|||
|Rates and water|3,415|2,690|
|Insurance|6,192|5,551|
|Light and heat|5,188|5,995|
|Telephone|94|-|
|Postage and stationery|413|-|
|Advertising|30|.|
|Sundries|85|-|
|Activity resources|2;519|-|
|Website and software|180|-|
|Event refreshments|327|-|
|Cleaning|1,495|1,421|
|Property repairs|13,581|6,794|
||33,519|22,451|
|Other|||
|Depreciation ofimprovements|136|194|
|Depreciation offixtures|325|20|
||461|214|
|Support costs|||
|Finance|||
|Bank charges|27|.|
|Governance costs|||
|Accountancy and legal fees|1,200|1,200|
|Total resources expended|35,207|23,865|
|Netincome/(expenditure)|5,121|(2,103)|



This page does not form part of the statutory financial statements 

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