## **Trustees’ Annual Report for the period** ## **From 1[st] January 2025 Period start date To Period end date 31st December 2025** ## **Charity name: Norton Canes Community Association** ## **Charity registration number:511674** ## **Objectives and Activities** **----- Start of picture text -----**
SORP reference
Summary of the purposes of Para 1.17 Providing opportunities to promote
the charity as set out in its community wellbeing and improve quality of
governing document life for Norton Canes residents and local
communities without distinction of political,
religious or any other opinions. To maintain
& manage the Community Centre to a high
standard.
Summary of the main Para 1.17 and Accommodation for activities to provide
1.19
activities in relation to those opportunities for the enhancement of
purposes for the public physical and educational wellbeing of local
benefit, in particular, the residents.
activities, projects or
services identified in the These include:
accounts. Brownies
Card classes
Children’s Dancing classes
Dancing & Social evenings
Gentle Fit Boogie
Indoor Short Mat Bowls
Judo
Sewing Classes
Slimming Clubs
Social Groups/Communities
Sugar craft
Tai Chi Club
Wednesday Social Club
Wellbeing Group
Statement confirming Para 1.18 All trustees have had regard to the
whether the trustees have guidance issued by the Charity
had regard to the guidance Commission on public benefit.
issued by the Charity
Commission on public
benefit
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## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference N/A Policy on grant making Para 1.38 N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A Other ## **Achievements and Performance** SORP reference General up keep to maintain a high standard of the premises and upgraded the kitchen. Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|N/A| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A| |Investment performance
against objectives|Para 1.41|N/A| |---|---|---| |Other||N/A| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Refer to annual report| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|N/A| |Amount of reserves held|Para 1.22|N/A| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|N/A| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|N/A| |Other||N/A| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|At the A.G.M every 4 years| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|N/A| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|N/A| |Relationship with any
related parties|Para 1.51|N/A| |Other||N/A| ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Norton Canes Community Association
Other name the charity uses
Registered charity number 511674
Charity’s principal address Brownhills Road
Norton Canes
Cannock, Staffordshire
WS11 9SF
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**Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Ian Reeves Chairperson
2 Ian Reeves Secretary
3 Jacqueline Earp Booking Clerk
4 Annie Betts Treasurer
5 Jenny Dunn
6 John Preece
7 Jean Hill Council Rep
8 Dale Bilbie Parish Rep
9
10
11
12
13
14
15
16
17
18
19
20
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## – Corporate trustees names of the directors at the date the report was approved **Director name** N/A Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
Trustee name Dates acted if not for whole year
N/A
**----- End of picture text -----**
## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| |N/A||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |N/A||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details N/A ## **Other optional information** Declarations The trustees declare that they have approved the trustees, rnport above. Signed on bohalf of the charity's trustoes Slgnature(s} Full namels) Position (eg Socrelary, Chair. etc Annte 8etts Treasurer Date 08m6126 Charity re8iStr&ion numiw. 511674 Norton Canes Community Association Annual Re￿n Fina￿la1 s￿ements forthe Year Ended 3 l De¢¢mt¢r 2025 Norton C4D¢s Commullity Association Contents (continued) ReferetKe and thin1str￿1ve Dthi15 Trusitts. Rew)rt Statement of Trust￿, R¢gwJDsibiliti¢5 Independent Examittrfs Rwrt s￿emeM of Finfinciai Aaiirylies Balance She Noies io FinAncial Statemeffls 7t0 14 Norton c￿¢$ Community itssociatioD Reference Administrative Detsils Chalrnia lan Reeves. Chair & Secretary Other Offleers Jenny thnn Annie Bths. Treasurer JaCqUeliT￿ Earp. B¢)okin6 Clerk Dale Bilbie J HIL Ch•iity R¢¥¥tr¥tth)n Number 511674 PriThcI￿I Offlte Bmwnhill$ Ro Norton Catys Stsffordshire WSI 19SF Inde￿ndent Euminer Chase A¢￿unta￿Y Limited 4 Sthiion Court Girton Ro Cannock S¢affordshire WSI I OEJ Page I Norton CaDes Community A8sociatioD Trnstees, Report The ttustees Jxesent the arnual re￿)￿ ￿Etther with the financial statemej￿ ofthe ch￿tty for the Jt4r eThkd 31 December 2025. Objeetlves Ind ietlvltles PubllcbeneJ71 The charity o]xr*es a Community Centre for the tr¢r*fii of the local community. The INstees confirrn have complied with the wuirements of s￿￿0￿ 17 of the Charitie5 Aa 2011 to ve due rewd io the publi¢ E*nefii 8uidan¢¢ published by Ch)rity Comrnitsion for England and W￿¢$. Tr 8Tmuai repTrrt was apw)vtsJ by the trustees of the charity on 25 March 2026 and SI￿¥d on it5 lthlf by. Amie Brtts Other officer Reeves Chaimj Page 2 Norton Canes Community Association Ststement of Trustees, Responsibili1*8 The tr￿￿etS are rttw)rL%ible for weprin8 th¢tnLStee5' rewrt finwhd staternents in ￿(X)rd￿￿e with the United Kingth)m A¢¢ountin8 &andArds (Uni￿1 Kin8th)m Ger*rnlly Accq4&1 A¢cour4in8 Prxti¢¢) 4Dd applicable I&w and regulations. The law applic8ble io chariiies Ywuir¢s the trus*es to prepare fin￿la1 for exh fin•￿1￿] pr whi¢h give a true and fair vi¢w of ihe of affairs ofthe Chariiy and of ihe incomin8 reSOu¢r￿ and application of resources ofihe ¢haTiry for ihai period. In rvtparing these financi￿ $￿tementI the trusttt5 are required to.. seleet 5uiiable accounting wjlicies and then alyly them obs¢rv¢ the m¥1￿)￿$ and pri￿1P1¢S in the Chhriiies SORP; make judBem¢ths and estim￿ that ￿ r¢ason•ble and state whcthcr applicable accountin8 Standvd% have b¢¢n follow¢(L wbj'ext to rnateriai *artures disclosed atMI eXplai￿d in lh¢ firwKiai 5tstements.' and prepare the financi￿ swements on the 80in8COtKern balis unless it is ina&yowia* to pYe5ume that the chariry will conlinue in ￿sInesS. The trustees are resEx)n5ib]e for keeping proper ¥wunting re¢vryl$ diKlose with reason￿le ￿1r¥ at kny time the fit)Anciai N)sition of the Charity and en&ble them to a￿Ule that the finarKial swements wmply with the Charities Ath 2011, the Ch&riiies IAc¢ounts aThJ ReFQrtsl Regul*ions 200& and the prnvisions ofthe onstitution. The trustees are al￿ resTX)nsible forsafeguarding the assd5 of ihe chgrity and hence fortakin reasonable sieps for preveniion and ddefflion of fraud and oiher irregulariiies. The trustees are re5pJnsible for the maifflerwKe and int¢8rity of ¢rJrwJrate aTr4 financial inforniation included on ihe chhriiable compan)'s website. L*8islation governing the weg•ration aThl dissemination of fin8Thcia] statem¢nts wy differ from legislation in other juri3diaion& AprKoved by thetrustees of the charity on 25 Mar¢h 2026 aThl $i￿d on its bd￿r by. Annie Betts Other oifj¢¢r Ian Reeves Chwrnan Page 3 NortoD Canes Community AS5￿1￿tion IndependeDt Examiner's Re￿rt to the trustees of YortOD Canes Community Asyociati I rewrt to the tru5tccs on my cxarniDa¢ion of th¢a￿o￿nIS ofNonon Canes Community Association forthe ¢nd¢d 31 Decemttr 2025. Res￿￿$1b1bt1e5 of the charity iru5tees of Norton Cal￿$ Communiry Association are reS￿nsIble forthe pyepwation ofthe ¢vunts in a¢¢x)rdantt with the ￿quIrements of the Ch*n'ties Aet 2011 I'the Aet.). I re[￿rt Lll respyct of my ¢xam1r￿tion of the Nortoncanes con￿nunIty AssoCi￿10n.$ xcoums out under 5e¢tion 145 of the 201 l Aci at)d it) carrying out my examination I have followeda]l the applic￿le Dirertions givet) b), Ihe Charity Commission undtt Sedion 145(5Kb)of the Aa. Jndtpendemt ex*mIrte￿l stitemtnt I have eompleied my examiriaiioTh. I Confi￿ that ￿ Materi￿ m*t¢rs corne to my *tenlion in ¢onnedion with the examination giving m¢cayse to believe th￿ in any matttiai ffs￿.. l. ￿countIng records were Djt kept in resped ofNonon CWKS Comrnunity As9xiwion ¥5 required by ge¢tion 130 ofthe Ac¢: or 2. Ihe a¢wunis &J xcord with th)se reeords. or 3. Ib¢ a￿u￿1$ ￿ ry)i wmpl). wilh the ￿cOuN1￿& requiffments conc¢min8 the fomi *)d ¢onteM ofa¢cou set oui in the Charities (Accounts attd Rerrt)nsl Regulations 2008 other than any r4uirement th* ih¢ accounts give a 'true *MI fair vith¥' which 15 IKIt i maner con5idued ￿ wi of an iThJepetKlen¢ examination. I have ￿ concerns and have come xross M other matters in conriettion wilh the examination to whith attention should Ee dtawn in this ryrt in order ￿ enable a proper uDderswidin8 of the be reached. Rebxca Scort- Cle88 AAT QB 4 Station Court Girton Road C4tvho¢k Stathrdshire WSI I OEJ 25 March 2026 Page 4 Norton Canos Community knsociation StaiemeDt of Financial Activities for the Year Ended 31 Dffember 2025 UDTrstrKttd Total 2025 llleome ithd EnthJTm￿ellts tkTrnaiions and legacies Other trading &*ivitL¢g Invesiment income her income 1267 .267 11.940 420 31.886 4?0 31,886 Totsl income 45,513 45,513 Eipend*un on: R4i5in8 fvry15 Charitable r￿l￿tieS (4275) 54,803 14.2751 54,803 Totsl exF¢t)diiure N¢t ex￿lItUTe N¢t movement in funds 59.078 59.078 113.565} (13.565 (13,565) (13.565> Reeoncllknilon of fun¢ls Tot41 funds t￿Ysht forW￿d 70,799 70.799 TO￿ fuTrJs ￿Ti¢d fon¥ard 12 57.234 S7.234 All ofthe ctrthrtry's athivities derive from eontinuin8 opemiorts during alKbve Iwo periods. The funds breakdo￿ for2024 is slx>wi in no￿ 12. The tr)tes on F•ges 7 to 14 ftirm an irte￿[ w of these finwKial S￿ements. Page 5 Norton CaDes Community Association (Registration number: 511674) Balance Sheet at 31 Deeember 2025 2025 2024 No¢¢ Flxed #sstts Tangible &ssets 6,971 2.569 CunEDI llmets tkbtOT5 C&qh It t•nk and in hand 174 51,675 93 69.781 10 51,849 69.874 Credltorl: Arnounts f*llii¥ the within one ye•r 11.585) {1.643 Net cvntnt 50.264 68.231 Net *tstts exckndkn¥ pewloD li• 50,264 68,231 Net *Mtts 57235 70.800 Fwith of the chartty.. Unrestiicted Income funth Unrestriaed 57234 70.800 Tot*1 fun 12 57234 70.800 The financial siatemeftts on pAge$ 5 to 14 wert 4w>ved by the truste4 and autl¥)riwJ for issue on 25 March 2026 and $i￿d on their E¢haif by. Annie Betts Other offittr lkn Reeves Chgimian The noieson 7 to 14 fom) an ifflegal pffi of these finwKial S￿ements. Page 6 Norton Community Association Notes to the Financial Sthtements for the Year Ended 31 December 2025 l A¢¢oyD¢ing pilici¢• stsiememt of Com￿￿ttee The fina￿1￿ siatemenis ha￿ beeft Fftprtd in &cordaTtt with the 5ecoTKI edition of the Ch&rities s￿emen1 of Recommended Prxiice issued Én (knokr 2019. the Financial Rerx)ning Stsndard appltcable in the United Kingdom ory1 Republi¢ of JrelAnd {FRS 102) and the Charities Aa 2011. Norton Canes Community Associatton meets th¢ d¢finiiion of ¥ public ba￿rit entity under FRS 102. The f&counts Ifit)a¢)ciai $I￿¢M¢nI$} have beet) prepved u]th ik his￿riCal cosi ¢onveniion with iiems r￿08n1￿￿ ai cosi oriransaaion value ut)less otherwise St￿¢d in ihe relevant rKildsl to these accout)ts. GOIDE ¢ODC¢rn The trustees consid¢r thlt thEre ar¢ no Mjtrrl￿ unvnainii¢5 about Ability 1¢) Ixiniiiiut ￿ 8 80in8 ltstome *nd endowthenti Voluntary income including IkJn*ion& gifi& l¢gxies and pro%Trde ￿re fvr¥ll￿ or •r¢ of a naiure is Te¢o8nised when the charil). has eniiilemeni to the in¢om< li is kyobable th&t income will be received and the 8mountckn be measlhred with suffieieni rtlhability. DoMailons&nd l¢84dés tk>natiOn5 and le8acie5 art reco￿1$￿ on a rvxiv¥ble basis th rweipt is wobable and the amount ekn be reliably ￿e￿￿red. Grnntsrecelwble Granis are recO￿ls¢d when the chtrity hAs ￿ entitlement tothe funds kny eoTrlitions linW to ihe v¢ Eeen met. 114Ler¢ Fyrfonnartt ¢ondiiions we anxhed ￿ the wi aThd we io be ma, the i￿ome is r￿o￿lS¢d &8 1 liability atsl inclu&d on the 51Kct as defcrrtd i￿)me to bt rcltased Invemmefti Ineome Dividends are recosnised orte dividend has been declared and nour1￿l0nhl5 been rK¢ived of t￿ diwidml thie. Exptndhu Ail expenditure is reco￿1￿ed orte there is a legal orwnstrudiv¢ obli8•tion toth* ¢XTxndI￿re. Lt is p￿babl¢ s¢ttl¢m¢ni is Tequired and ihe amoutx can be measured rtliabl>'. All costs are allocated to the applicable ex￿ndItUre heading th818wegate similar coll5 to th￿ L*e8or>. WThere costs egnTK>i be directly attribJted to pArticul4r headin85 they have ixen ailoc&ed on a basis ¢onsisieth with The use of ￿SOUrces, with centrnl ￿aff sts ￿loCated on ihe bftsis of time spen¢ aThJ depreciation c]w alloc￿ed on the ￿rtIOn ofthe asset's use. Other supw)rt COSt5 are allocated based on ihe swead of siaff costs. These are colls itKurra in aiirxting %t)IuAW income, the of invesffiKnts and tk*se in￿￿Ted in trwjing o¢tiviiies that raise ￿ttd5. Page 7 NortOD CaDes Community knsociation Nots to the Finan¢i*l Ststernents for the Year Ended 31 December 2025 (continued) Ch¢Trli4bleortlvliles Charitable expenditure comprises costs in¢urred by the charity in the delivery of ils a¢tiviiies at)d services for its benefi¢iaries. It includes trA)th co￿$ can be alloc￿ed dircctly to such xtivities thosc costs of an indirect nature IitcessDry to supyjn them. Sllp￿rt ¢0 Supp)rt wsi$ i￿lUde Central fvnaions atml have beth alloc8toJ to &tivity Cost catwries on a bftsis consistent with the use of resources, forexample. aJlo¢atin8 FKopew coAs by floor area4. or w c4pit4 Staff costs by the time speth and other costs by their usa8e. Taution The charity is considered to the It￿$ set out in I scI￿￿1t 6 ofthe Fin**t Aet 2010 therefore it meets th¢ definilion of a charithble company for Cor￿N10n wry￿5¢$. Accorthngly, the b8riry is wieniiaily exemw from ￿KAtiOn in respea of ino)mt orcapithj gains received within c￿egOries covered by Chapter 3 Part I l of the CorFK)ratjonT￿ Act 2010 orsection 256 of the T￿ation of Chargeabl¢ Gains Act 1992.to the extent that suth i￿)Me orBains applied exclusively to charitable PUT￿5¢5. T•Dglble thed imets Individu￿ fixed costin8 £0.00 or rn0￿ ￿t initially recorw Itss kny sulwuettt ￿lm￿lated depreciation aThl suwuent xYumyl•t¢d imp1rn￿ll0S5u. I￿p￿CIat￿n aTrd amortts*ih)n Depre¢i41ion is provided on ￿n￿'ble fixed assets so as to WTite off the eost OT v￿￿1110￿. less ￿Y estimate residu￿ value, over their exF*dtd usefvl ecowmi¢ life 4$ follow& Trnde detrto Trade de￿01$ ￿nounts due from custOrnV5 for wld or g¢ryitts wforned in th¢ ordiDary course of Ixlsiness. Trnde debtors are recO￿lsed initiajly at the trsrLSXtion price. 17y are $ub5equenily mwured ￿ smortised cost usin8 the effective interest metknd less wovision for imkmirnient. A provision for the impairnieni of trade debtors is esthblished when there is objtttivc evidenct the charity will be able to all amounts du¢ cordin8 to tht ori¥itth] t¢rms of the rtteivable5. Cash and e*$h eqthiltllts Cash aThJ equiva]erts eomwise e45h on hznd aTkl call (kp)si1s. and oiher short-ienn highly liquid investments that are readily convenible to a amouni of cash and subjKI to an in5i8nlfi￿Th1 risk of hange in value. Page 8 orton CaDQS Community Association Notes to Ihe FinaD¢i#I Statements for the Year Ended 31 De¢ember 2025 (eontinued) IntereSt-￿aring Eorrowings are lnitt￿l￿. reLX)nkd • fair value, of tr8nsaction costs. lthere$t-￿1rin8 Trowings are subsequemly carried at amortised co￿. wtih the difference beNeen ihe proceeds, of transaction costs. and the arnoum due on red¢mtAion b¢iD8 T￿ogniSed 85 a * to the St*emerrt of Firw*i ivities ovtt ihe puiod of relevath trKJrrowi Interest expense 15 rew8ni5¢d on b￿15 of the effeaive imerem rnahod is Includ￿ in interest p￿le and similllr char8¢s. Bormwin8s tre cl&55ified •5 currert liabilitie5 unle55 the charity has an urKoTrJitionat ris￿ to defer settlement of the liability for at le￿ ¢welve months after the re￿nIng d*. FuDd structur¢ Unresiriaed income fu￿15 are Beneral funds that ar¢ avsilable for use #t the thistees discretion in of the objertives of the Charity. Clussijlcail￿j ts5ets knd fin￿¢1￿ lithilities *¢ Tel*￿i￿d thrrity bewmes & to ihe contrrauat provisions of ¢he I￿1￿Ment. Financi￿ liabilities and equity instruments Ère ¢L￿lfied *¢ordin8 to the substance of the con1rn￿UaI arr8ngements entered into. An equity instrymeni is any wfflraa th￿ eNidence5 a residual iniertsl in the aqsets of the charity after &ductinB all of its liabiliiie& Reeoznlilon t¥ndmewuren¥ni I rinanciai assets at¥J liabilities ve initially me4sured * trarwtion ￿ce li￿]￿d1Thg iransaaion costs). except for those firwjciai assets classified 88 at fw'r value ihrouth rKofiior loss. which are Initi￿lY measured at fair value Iwhi¢h b$ tK)rma]ly the transthrtion pyicc cxcluding transaction costs), unless ihe arrnt)8emeni ¢onsiitut¢$ financing transxtion. If gn arran8emeni con5tiiules a fIr￿KIng lransxtlo￿ ihe firwhcia] hsset or financial li¥bilLty 15 me&5ured at ihe pres¢m value ofthe fuiur¢pa>Tnents dixouni¢d ai a markei rate of interest ftira similar debt instrument. Financial assets and liabiliiies are only offsrf in the of financial p)Sition whm and only wh¢n ther¢ exists a legoily enforceable right to 5c¢ off ihc reco8nised amounts the chuity intrThls eitrKr to settle on net b&8ts, orto re￿ise the ts5et settle the liability simultar￿USIy. FinEncial a55ets are dereco8nised when and only al the cOntrX￿al right5 to the etsh flows from the financi￿ asset expire or are settled bl the Charity transfers to wM)ther FQrty subsiamially ail ofihe risks and rewards of ownership of the financial &s5et. orc} the charity. despite having retsined some. but fioi ail, $i￿1r1¢an( risks and rewards of ownership, has transferred ¢ontrol ofthe asset io aTh)ther PAny. FinBnci81 li8bili¢ies ar¢ de1¢￿8n1$ed only when the obliwion spe¢ified in the ￿Trtr￿¢t is di%lwT8e4 cancelled or expires. Pagt 9 Norton Cantt Community Association Notes to the FinAnciAI Statements for the Year Ellded 31 December 2025 (contiDued) Debi IMslrnnt¢nts Debt insffiiments which med the foll0win8co￿j￿tsts￿$ tre suiwuently me&8ured at amonised CO￿ usingthe effective irtterest mrfhod.. (a) The COntra￿u81 rturn to the ￿lI￿r is li) & fixed WN*urit' (ill a ￿sitIVe fixed r8te ora [￿SitiVe variable Ne: or lili) * combiriatiort of * p)sitive or a ne8ative fixed rate and a p)sitive varithlt raie. (bl The may provide for repa)rynents of the I￿ncIpAl or the rtturn w the holder (byt rK)t knthl to b¢ linked to th sin8ic rclevant oEGcrvablc itmlex Of8Cn￿ price inflation of the cunew in which debt instnjrnent Is d¢Th)mirwrf wovid¢d such links are noi l¢verdged. (cl The Contr￿ may w)vide for a detemiinable vtri&tion of the return to the IK)Ider during the life of the iTrstrument. provided thai lil the new rate s￿l5r)eS condiiion lal and the VarI￿10n is contingent on fubjre evenis other ihan I l }A change of a contraciuai variable rne:121 io proierf the ￿TrIder against credii deterioration of ihe is$uer',131 chat)ges in levies applied by a centyal bank or arising fmm ¢han8es in r¢l¢vani ￿allOn or law: or lik)the new Ate is i market rnte of iriierest knd S*isfitS LX)ndition (•). Id) There is no cOntrtrtU￿ prO￿$10n its tttm& result in F¥)Ider losingthe priTKi￿1 amounl or ny int¢r¢s¢ Attribut4bl¢ ty the currw# pmiod orsyior P¢TiO {el ConirKwal provisions th￿ pennil ihe issuer io p￿laY a det4 insirumetrt or pernjit the ￿TrIder to piit it b8£k to the tssuer before maturity tre noi contin8tnt on futurt evems. other to wo1￿1 the holder 4gainsi the ¢redit deterioration ofthe issuer or a change in ¢onirol i5su¢r. orto proteffl the holder or issutt against ch￿8¢$ in levies applied by a Centr￿ bank or arisin8 frnm ¢*$ in relevam wation or law. {0 Contraciual provisions may peTmit the exten%ion of the terni of the debt ir&trnment. Jxovided that the Murn to the holder ond ony other C0ntraau￿ provbsiof6 appli￿ble durin8 th¢ ¢￿d t¢rrn satisfy ihe eortditiotts of ragrnphs lal to {¢). De￿ instrumems th& are ¢I￿lfied ¥ Fe5￿1¢ orrtttivable wiihin one )taT on iniii41 re￿￿nItiOn and which meet the aErf)ve conditions are mra5ured at tht undiscourted amount oftht or oiher consideration exF¢Cted to be pajd OT r¢c¢iv¢4 nel of imF4imienl. With the exception of Some l*in8 inslrum¢nt& other delrt hnstrurnents mceting these condiiions are measured ￿ fair valu¢ Ihrou8h Fyofiior loss. Ctsmmitments to m&e and rtteÉve lo1￿ whtth meet the eonditions metttioned ab)ve are mwured ￿ co Iwhi¢h may b¢ nill less impairnieni. Itwesknetrts in ￿￿￿O￿vertible ptfertrte STr￿¢$ ordirthry or weferentt shares (wkn shoTe5 are publicly troded or iheir fair vaiye is reliably measurable) are measuroj * fair v8lu¢ tknugh profit or loss. Ivhtrc hir vaiuc catwt be me&sureAI reliably. invesiments art mea5urtd at cost less impaimient. Investments in sub5idi#ries and as5(Kiates arr mc&sured at C05t Ic55 IM￿lmitn1. For investhienis in subsithaTi¢S acquired foreonsideration includin8 the issue of shares qualifyin8 forrnerger relief. cosi is measured by reference io th¢ MMIMI value of the shrn issued plu$ flir value ofother considemion. Any premium 15 i￿Ored. Page 10 Norton Canes CommuDity Association Notes lo the Financial Statements for the Year Ended 31 December 2025 (continued) The ch￿lty uses deriv￿]Ve finatKial ins[n￿ents to reduce exN)sure io foreign exdw risk and interem rate movemenis. The charity does rK)i hold or issue deTivalive financid instrurn¢rts for sp*culative puryK>ses. Deriwives are initially reco￿ls¢d at fair value at date a derivative Cont￿ is entrred imo arA are subsequenily remeasured to their fair value at each rew>rring dale. The resulting gain or loss is recognised in ststement of fLnanCI￿ xtivities immediately unjess the der1￿]ve is desigtkated and effective 8s a hed8in8 iTLStrnment. in which event the timing ofik reco8Thiiion in swemeni of financiaj adiviti¢s de￿￿$ on t nthire of kd8e r¢I￿lOnth1 F4lr Trvlue meosmremeni The best evidence of fttir value is a quoted price foran ideThtical asset in an xtive rnarket. quoied pritts ¢ unavailable, the wi¢e of o rettnt irans¥iion for an idenii¢aJ assei provides evidence of fair value lon8 as there has M)1 been a Si￿1r1¢an1 change in e¢0￿Mi¢ cir¢umsiantts OT a $iwfi¢ani lapse of lime sin¢¢ the trons&rtion took pl&e. If M￿tI is not xiivc recart iransa¢tio¥ts of an identical assd on their own we i a good estimw¢ of fair vaiye. fair vajye is estim￿ed by using a v4luwion w￿Uq1K. 2 Income from don•¢iow And keA¢ funds Genernl Total funds tknnations and leg4ci Donations frorn indivhduals 1267 1.267 Tothl for 2025 1267 1,267 Total for2024 770 770 3 Income Irom other trAdkng ictfvltlei Ilnreitii¢ted fuThth G¢n¢r•l Totll funth Events income.. her evems Iiicome 11,940 11,940 Totll for2025 11,940 11.940 To¢AI for2024 15,502 15,502 4 JnvtStment iDcorne Norton Canos CommuDity Association Notes to the Financial Ststements for the Year Ended 31 December 2025 (Continued) Un￿stI￿ted Totxl fundy GeDtrAI Jnierest receivable similar irKome' Irrterest receivoble on deN)sits 420 420 Tot#l for2025 420 420 Total for2024 592 592 S Other wcorne U￿1*StrICted Tot*l Gen¢rnl Rental inwme 31.886 31.886 Totsl for2025 31.886 31.886 Tot*1 for 2024 28.752 28.752 6 4th eh*rlt*ble *ctfvltl funds Tot*1 funth 50.753 3.482 568 50.753 3,482 568 tkwecia¢ioN amortiSQtiona￿l other similar costs All0￿ed suFoon costs Tot*1 for 2025 54,803 54.803 Totsl for 2024 42,054 42,054 Page 12 Norton Canes Community Its8￿lation Not¢8 to the Financial Statements for the YeAr Ended 31 December 2025 (¢ontinu¢d) Tot•1 7 Tiutlon The chartty 1$ a regtstered chariry is therefore exemw from wio Tinglble Ilxed Isgets Total Cost At l January 2023 Jitions 64.368 7.883 64,368 At 31 De¢ember 2025 72251 72,251 DepretlAtitsD Ai l Januory 2025 Charge for the Jtar 61.799 3,481 61.799 3,481 At 31 December 2025 65 65.280 Nei b)ok vglvt 31 December 2025 6.971 6.971 At 31 December 2024 2,569 9 Dtbtorj 2025 2024 174 93 10 C*Jh c•she4uiv*IEnts 2025 2024 Cash on h8nd C&%h at t•nk 16 69.765 51.675 51.675 69,781 Pagt 13 Norton Canes Community Association Notes to the Financial Ststements for the Year Ended 31 December 2025 (continu￿) I I Crtdlton: amounts IAling due Y4*hin on¢ y¢Ar 2025 2024 Aecruals 1,585 1.643 12 FuThds Biknnce at 31 Dtetmber 2025 B*knnte It I J•DUary 2025 Ineomine R¢sourres ¢I￿nded UnYestrkt¢d General 70.799 45.513 {59,078) 57.234 13 An1￿11 of net •u¢ts betweett $trnted Gentrnl To¢AI Tangible fixed ass￿$ Cuffent &ssrfs Current liabilittes 6.971 51.849 (1.585 6.971 51,849 11.585 Tots] r*t assets 57,233 57.235 Page 14 Nortoft C8no¥ Communitv AsS￿latiOn Sthtement of Finaneial Activities by fund for the Year Ended 31 December 2025 Totxl Totsl unTt￿lItttd UTh￿￿￿¢(ed Fun 21125 2024 Income and Endowments frnm: rknn•ion$ 8nd lewi Other trading ￿]Vill¢S Invcstmcnt iTwIn¢ Other income 1267 770 15,502 592 28,752 420 31.886 Total income 43.513 45.616 EX￿ndit￿re OD: Raising funds Charitable ￿1vItieS (4275} 54.803 13.0701 42,054 Total ex￿ndituTe lexpenditureyincome {59.078) 145.124 113.5651 492 moyemem in funds {13.565) 492 Reconcil1•￿￿ of fwKIs Tots] funds iyought forward 70.799 70.308 Totai fuThJs ￿Ti¢d forward 57,234 70.800 This page th)es not ftirni part ofthe st&utory financial ststrment& Page 15 Iyorton Can¢$ Community Ass￿￿￿tiOn Detsiled Statement of Financial Activities for the Year Ended 31 Dettmb¢r 2025 Tot•1 2025 21124 Aweais aNi don￿10￿$ . other agencies Fundnising events 1267 220 150 1267 770 her Iradln8 art1v1￿eS Fundrrising evenis 11.940 15.502 15,502 Invullw￿l Incojng Interest on cash dep)sits 420 592 420 592 hér Ineome Ren￿1 In￿￿¢ 31.886 28,752 31,886 28.752 R&l$lngf4nds Fundraisin8 Costs Chariiable DOn￿10Th {42251 50 13.070) 4.275 3,070 Ch&rliobIedrtl￿ilès Rates and water rates Li8ht, he& atml ￿Wer Insuran¢¢ CaretAking Gtrdcn mainten* Equipment repairs and renewalj Telephone 8nd Printin& posiage and S￿10 Equipmem hire Licen￿$ Sundry expenses Cleanin8 W&ste Collection Accountancy ftts Depreciation of fLxlurc5 ond fittings Bank Charges {1.617) {9243) 122051 (20,0721 {5601 {132981 {5551 1481 (1.6871 12011 11641 1176} 19271 15521 (3.482} (1,102) (9.802) {2.257) {14,1501 (1.701) (5,519) 1597) 1478) {1.320) 13161 1457) 12081 18721 14981 12.777) 154.8031 142,054 This p88e &)es forni F•rt oftr* $thtu￿ry finarKial ststemems. Page 16 Charity re8iStr&ion numiw. 511674 Norton Canes Community Association Annual Re￿n Fina￿la1 s￿ements forthe Year Ended 3 l De¢¢mt¢r 2025 Norton C4D¢s Commullity Association Contents (continued) ReferetKe and thin1str￿1ve Dthi15 Trusitts. Rew)rt Statement of Trust￿, R¢gwJDsibiliti¢5 Independent Examittrfs Rwrt s￿emeM of Finfinciai Aaiirylies Balance She Noies io FinAncial Statemeffls 7t0 14 Norton c￿¢$ Community itssociatioD Reference Administrative Detsils Chalrnia lan Reeves. Chair & Secretary Other Offleers Jenny thnn Annie Bths. Treasurer JaCqUeliT￿ Earp. B¢)okin6 Clerk Dale Bilbie J HIL Ch•iity R¢¥¥tr¥tth)n Number 511674 PriThcI￿I Offlte Bmwnhill$ Ro Norton Catys Stsffordshire WSI 19SF Inde￿ndent Euminer Chase A¢￿unta￿Y Limited 4 Sthiion Court Girton Ro Cannock S¢affordshire WSI I OEJ Page I Norton CaDes Community A8sociatioD Trnstees, Report The ttustees Jxesent the arnual re￿)￿ ￿Etther with the financial statemej￿ ofthe ch￿tty for the Jt4r eThkd 31 December 2025. Objeetlves Ind ietlvltles PubllcbeneJ71 The charity o]xr*es a Community Centre for the tr¢r*fii of the local community. The INstees confirrn have complied with the wuirements of s￿￿0￿ 17 of the Charitie5 Aa 2011 to ve due rewd io the publi¢ E*nefii 8uidan¢¢ published by Ch)rity Comrnitsion for England and W￿¢$. Tr 8Tmuai repTrrt was apw)vtsJ by the trustees of the charity on 25 March 2026 and SI￿¥d on it5 lthlf by. Amie Brtts Other officer Reeves Chaimj Page 2 Norton Canes Community Association Ststement of Trustees, Responsibili1*8 The tr￿￿etS are rttw)rL%ible for weprin8 th¢tnLStee5' rewrt finwhd staternents in ￿(X)rd￿￿e with the United Kingth)m A¢¢ountin8 &andArds (Uni￿1 Kin8th)m Ger*rnlly Accq4&1 A¢cour4in8 Prxti¢¢) 4Dd applicable I&w and regulations. The law applic8ble io chariiies Ywuir¢s the trus*es to prepare fin￿la1 for exh fin•￿1￿] pr whi¢h give a true and fair vi¢w of ihe of affairs ofthe Chariiy and of ihe incomin8 reSOu¢r￿ and application of resources ofihe ¢haTiry for ihai period. In rvtparing these financi￿ $￿tementI the trusttt5 are required to.. seleet 5uiiable accounting wjlicies and then alyly them obs¢rv¢ the m¥1￿)￿$ and pri￿1P1¢S in the Chhriiies SORP; make judBem¢ths and estim￿ that ￿ r¢ason•ble and state whcthcr applicable accountin8 Standvd% have b¢¢n follow¢(L wbj'ext to rnateriai *artures disclosed atMI eXplai￿d in lh¢ firwKiai 5tstements.' and prepare the financi￿ swements on the 80in8COtKern balis unless it is ina&yowia* to pYe5ume that the chariry will conlinue in ￿sInesS. The trustees are resEx)n5ib]e for keeping proper ¥wunting re¢vryl$ diKlose with reason￿le ￿1r¥ at kny time the fit)Anciai N)sition of the Charity and en&ble them to a￿Ule that the finarKial swements wmply with the Charities Ath 2011, the Ch&riiies IAc¢ounts aThJ ReFQrtsl Regul*ions 200& and the prnvisions ofthe onstitution. The trustees are al￿ resTX)nsible forsafeguarding the assd5 of ihe chgrity and hence fortakin reasonable sieps for preveniion and ddefflion of fraud and oiher irregulariiies. The trustees are re5pJnsible for the maifflerwKe and int¢8rity of ¢rJrwJrate aTr4 financial inforniation included on ihe chhriiable compan)'s website. L*8islation governing the weg•ration aThl dissemination of fin8Thcia] statem¢nts wy differ from legislation in other juri3diaion& AprKoved by thetrustees of the charity on 25 Mar¢h 2026 aThl $i￿d on its bd￿r by. Annie Betts Other oifj¢¢r Ian Reeves Chwrnan Page 3 NortoD Canes Community AS5￿1￿tion IndependeDt Examiner's Re￿rt to the trustees of YortOD Canes Community Asyociati I rewrt to the tru5tccs on my cxarniDa¢ion of th¢a￿o￿nIS ofNonon Canes Community Association forthe ¢nd¢d 31 Decemttr 2025. Res￿￿$1b1bt1e5 of the charity iru5tees of Norton Cal￿$ Communiry Association are reS￿nsIble forthe pyepwation ofthe ¢vunts in a¢¢x)rdantt with the ￿quIrements of the Ch*n'ties Aet 2011 I'the Aet.). I re[￿rt Lll respyct of my ¢xam1r￿tion of the Nortoncanes con￿nunIty AssoCi￿10n.$ xcoums out under 5e¢tion 145 of the 201 l Aci at)d it) carrying out my examination I have followeda]l the applic￿le Dirertions givet) b), Ihe Charity Commission undtt Sedion 145(5Kb)of the Aa. Jndtpendemt ex*mIrte￿l stitemtnt I have eompleied my examiriaiioTh. I Confi￿ that ￿ Materi￿ m*t¢rs corne to my *tenlion in ¢onnedion with the examination giving m¢cayse to believe th￿ in any matttiai ffs￿.. l. ￿countIng records were Djt kept in resped ofNonon CWKS Comrnunity As9xiwion ¥5 required by ge¢tion 130 ofthe Ac¢: or 2. Ihe a¢wunis &J xcord with th)se reeords. or 3. Ib¢ a￿u￿1$ ￿ ry)i wmpl). wilh the ￿cOuN1￿& requiffments conc¢min8 the fomi *)d ¢onteM ofa¢cou set oui in the Charities (Accounts attd Rerrt)nsl Regulations 2008 other than any r4uirement th* ih¢ accounts give a 'true *MI fair vith¥' which 15 IKIt i maner con5idued ￿ wi of an iThJepetKlen¢ examination. I have ￿ concerns and have come xross M other matters in conriettion wilh the examination to whith attention should Ee dtawn in this ryrt in order ￿ enable a proper uDderswidin8 of the be reached. Rebxca Scort- Cle88 AAT QB 4 Station Court Girton Road C4tvho¢k Stathrdshire WSI I OEJ 25 March 2026 Page 4 Norton Canos Community knsociation StaiemeDt of Financial Activities for the Year Ended 31 Dffember 2025 UDTrstrKttd Total 2025 llleome ithd EnthJTm￿ellts tkTrnaiions and legacies Other trading &*ivitL¢g Invesiment income her income 1267 .267 11.940 420 31.886 4?0 31,886 Totsl income 45,513 45,513 Eipend*un on: R4i5in8 fvry15 Charitable r￿l￿tieS (4275) 54,803 14.2751 54,803 Totsl exF¢t)diiure N¢t ex￿lItUTe N¢t movement in funds 59.078 59.078 113.565} (13.565 (13,565) (13.565> Reeoncllknilon of fun¢ls Tot41 funds t￿Ysht forW￿d 70,799 70.799 TO￿ fuTrJs ￿Ti¢d fon¥ard 12 57.234 S7.234 All ofthe ctrthrtry's athivities derive from eontinuin8 opemiorts during alKbve Iwo periods. The funds breakdo￿ for2024 is slx>wi in no￿ 12. The tr)tes on F•ges 7 to 14 ftirm an irte￿[ w of these finwKial S￿ements. Page 5 Norton CaDes Community Association (Registration number: 511674) Balance Sheet at 31 Deeember 2025 2025 2024 No¢¢ Flxed #sstts Tangible &ssets 6,971 2.569 CunEDI llmets tkbtOT5 C&qh It t•nk and in hand 174 51,675 93 69.781 10 51,849 69.874 Credltorl: Arnounts f*llii¥ the within one ye•r 11.585) {1.643 Net cvntnt 50.264 68.231 Net *tstts exckndkn¥ pewloD li• 50,264 68,231 Net *Mtts 57235 70.800 Fwith of the chartty.. Unrestiicted Income funth Unrestriaed 57234 70.800 Tot*1 fun 12 57234 70.800 The financial siatemeftts on pAge$ 5 to 14 wert 4w>ved by the truste4 and autl¥)riwJ for issue on 25 March 2026 and $i￿d on their E¢haif by. Annie Betts Other offittr lkn Reeves Chgimian The noieson 7 to 14 fom) an ifflegal pffi of these finwKial S￿ements. Page 6 Norton Community Association Notes to the Financial Sthtements for the Year Ended 31 December 2025 l A¢¢oyD¢ing pilici¢• stsiememt of Com￿￿ttee The fina￿1￿ siatemenis ha￿ beeft Fftprtd in &cordaTtt with the 5ecoTKI edition of the Ch&rities s￿emen1 of Recommended Prxiice issued Én (knokr 2019. the Financial Rerx)ning Stsndard appltcable in the United Kingdom ory1 Republi¢ of JrelAnd {FRS 102) and the Charities Aa 2011. Norton Canes Community Associatton meets th¢ d¢finiiion of ¥ public ba￿rit entity under FRS 102. The f&counts Ifit)a¢)ciai $I￿¢M¢nI$} have beet) prepved u]th ik his￿riCal cosi ¢onveniion with iiems r￿08n1￿￿ ai cosi oriransaaion value ut)less otherwise St￿¢d in ihe relevant rKildsl to these accout)ts. GOIDE ¢ODC¢rn The trustees consid¢r thlt thEre ar¢ no Mjtrrl￿ unvnainii¢5 about Ability 1¢) Ixiniiiiut ￿ 8 80in8 ltstome *nd endowthenti Voluntary income including IkJn*ion& gifi& l¢gxies and pro%Trde ￿re fvr¥ll￿ or •r¢ of a naiure is Te¢o8nised when the charil). has eniiilemeni to the in¢om< li is kyobable th&t income will be received and the 8mountckn be measlhred with suffieieni rtlhability. DoMailons&nd l¢84dés tk>natiOn5 and le8acie5 art reco￿1$￿ on a rvxiv¥ble basis th rweipt is wobable and the amount ekn be reliably ￿e￿￿red. Grnntsrecelwble Granis are recO￿ls¢d when the chtrity hAs ￿ entitlement tothe funds kny eoTrlitions linW to ihe v¢ Eeen met. 114Ler¢ Fyrfonnartt ¢ondiiions we anxhed ￿ the wi aThd we io be ma, the i￿ome is r￿o￿lS¢d &8 1 liability atsl inclu&d on the 51Kct as defcrrtd i￿)me to bt rcltased Invemmefti Ineome Dividends are recosnised orte dividend has been declared and nour1￿l0nhl5 been rK¢ived of t￿ diwidml thie. Exptndhu Ail expenditure is reco￿1￿ed orte there is a legal orwnstrudiv¢ obli8•tion toth* ¢XTxndI￿re. Lt is p￿babl¢ s¢ttl¢m¢ni is Tequired and ihe amoutx can be measured rtliabl>'. All costs are allocated to the applicable ex￿ndItUre heading th818wegate similar coll5 to th￿ L*e8or>. WThere costs egnTK>i be directly attribJted to pArticul4r headin85 they have ixen ailoc&ed on a basis ¢onsisieth with The use of ￿SOUrces, with centrnl ￿aff sts ￿loCated on ihe bftsis of time spen¢ aThJ depreciation c]w alloc￿ed on the ￿rtIOn ofthe asset's use. Other supw)rt COSt5 are allocated based on ihe swead of siaff costs. These are colls itKurra in aiirxting %t)IuAW income, the of invesffiKnts and tk*se in￿￿Ted in trwjing o¢tiviiies that raise ￿ttd5. Page 7 NortOD CaDes Community knsociation Nots to the Finan¢i*l Ststernents for the Year Ended 31 December 2025 (continued) Ch¢Trli4bleortlvliles Charitable expenditure comprises costs in¢urred by the charity in the delivery of ils a¢tiviiies at)d services for its benefi¢iaries. It includes trA)th co￿$ can be alloc￿ed dircctly to such xtivities thosc costs of an indirect nature IitcessDry to supyjn them. Sllp￿rt ¢0 Supp)rt wsi$ i￿lUde Central fvnaions atml have beth alloc8toJ to &tivity Cost catwries on a bftsis consistent with the use of resources, forexample. aJlo¢atin8 FKopew coAs by floor area4. or w c4pit4 Staff costs by the time speth and other costs by their usa8e. Taution The charity is considered to the It￿$ set out in I scI￿￿1t 6 ofthe Fin**t Aet 2010 therefore it meets th¢ definilion of a charithble company for Cor￿N10n wry￿5¢$. Accorthngly, the b8riry is wieniiaily exemw from ￿KAtiOn in respea of ino)mt orcapithj gains received within c￿egOries covered by Chapter 3 Part I l of the CorFK)ratjonT￿ Act 2010 orsection 256 of the T￿ation of Chargeabl¢ Gains Act 1992.to the extent that suth i￿)Me orBains applied exclusively to charitable PUT￿5¢5. T•Dglble thed imets Individu￿ fixed costin8 £0.00 or rn0￿ ￿t initially recorw Itss kny sulwuettt ￿lm￿lated depreciation aThl suwuent xYumyl•t¢d imp1rn￿ll0S5u. I￿p￿CIat￿n aTrd amortts*ih)n Depre¢i41ion is provided on ￿n￿'ble fixed assets so as to WTite off the eost OT v￿￿1110￿. less ￿Y estimate residu￿ value, over their exF*dtd usefvl ecowmi¢ life 4$ follow& Trnde detrto Trade de￿01$ ￿nounts due from custOrnV5 for wld or g¢ryitts wforned in th¢ ordiDary course of Ixlsiness. Trnde debtors are recO￿lsed initiajly at the trsrLSXtion price. 17y are $ub5equenily mwured ￿ smortised cost usin8 the effective interest metknd less wovision for imkmirnient. A provision for the impairnieni of trade debtors is esthblished when there is objtttivc evidenct the charity will be able to all amounts du¢ cordin8 to tht ori¥itth] t¢rms of the rtteivable5. Cash and e*$h eqthiltllts Cash aThJ equiva]erts eomwise e45h on hznd aTkl call (kp)si1s. and oiher short-ienn highly liquid investments that are readily convenible to a amouni of cash and subjKI to an in5i8nlfi￿Th1 risk of hange in value. Page 8 orton CaDQS Community Association Notes to Ihe FinaD¢i#I Statements for the Year Ended 31 De¢ember 2025 (eontinued) IntereSt-￿aring Eorrowings are lnitt￿l￿. reLX)nkd • fair value, of tr8nsaction costs. lthere$t-￿1rin8 Trowings are subsequemly carried at amortised co￿. wtih the difference beNeen ihe proceeds, of transaction costs. and the arnoum due on red¢mtAion b¢iD8 T￿ogniSed 85 a * to the St*emerrt of Firw*i ivities ovtt ihe puiod of relevath trKJrrowi Interest expense 15 rew8ni5¢d on b￿15 of the effeaive imerem rnahod is Includ￿ in interest p￿le and similllr char8¢s. Bormwin8s tre cl&55ified •5 currert liabilitie5 unle55 the charity has an urKoTrJitionat ris￿ to defer settlement of the liability for at le￿ ¢welve months after the re￿nIng d*. FuDd structur¢ Unresiriaed income fu￿15 are Beneral funds that ar¢ avsilable for use #t the thistees discretion in of the objertives of the Charity. Clussijlcail￿j ts5ets knd fin￿¢1￿ lithilities *¢ Tel*￿i￿d thrrity bewmes & to ihe contrrauat provisions of ¢he I￿1￿Ment. Financi￿ liabilities and equity instruments Ère ¢L￿lfied *¢ordin8 to the substance of the con1rn￿UaI arr8ngements entered into. An equity instrymeni is any wfflraa th￿ eNidence5 a residual iniertsl in the aqsets of the charity after &ductinB all of its liabiliiie& Reeoznlilon t¥ndmewuren¥ni I rinanciai assets at¥J liabilities ve initially me4sured * trarwtion ￿ce li￿]￿d1Thg iransaaion costs). except for those firwjciai assets classified 88 at fw'r value ihrouth rKofiior loss. which are Initi￿lY measured at fair value Iwhi¢h b$ tK)rma]ly the transthrtion pyicc cxcluding transaction costs), unless ihe arrnt)8emeni ¢onsiitut¢$ financing transxtion. If gn arran8emeni con5tiiules a fIr￿KIng lransxtlo￿ ihe firwhcia] hsset or financial li¥bilLty 15 me&5ured at ihe pres¢m value ofthe fuiur¢pa>Tnents dixouni¢d ai a markei rate of interest ftira similar debt instrument. Financial assets and liabiliiies are only offsrf in the of financial p)Sition whm and only wh¢n ther¢ exists a legoily enforceable right to 5c¢ off ihc reco8nised amounts the chuity intrThls eitrKr to settle on net b&8ts, orto re￿ise the ts5et settle the liability simultar￿USIy. FinEncial a55ets are dereco8nised when and only al the cOntrX￿al right5 to the etsh flows from the financi￿ asset expire or are settled bl the Charity transfers to wM)ther FQrty subsiamially ail ofihe risks and rewards of ownership of the financial &s5et. orc} the charity. despite having retsined some. but fioi ail, $i￿1r1¢an( risks and rewards of ownership, has transferred ¢ontrol ofthe asset io aTh)ther PAny. FinBnci81 li8bili¢ies ar¢ de1¢￿8n1$ed only when the obliwion spe¢ified in the ￿Trtr￿¢t is di%lwT8e4 cancelled or expires. Pagt 9 Norton Cantt Community Association Notes to the FinAnciAI Statements for the Year Ellded 31 December 2025 (contiDued) Debi IMslrnnt¢nts Debt insffiiments which med the foll0win8co￿j￿tsts￿$ tre suiwuently me&8ured at amonised CO￿ usingthe effective irtterest mrfhod.. (a) The COntra￿u81 rturn to the ￿lI￿r is li) & fixed WN*urit' (ill a ￿sitIVe fixed r8te ora [￿SitiVe variable Ne: or lili) * combiriatiort of * p)sitive or a ne8ative fixed rate and a p)sitive varithlt raie. (bl The may provide for repa)rynents of the I￿ncIpAl or the rtturn w the holder (byt rK)t knthl to b¢ linked to th sin8ic rclevant oEGcrvablc itmlex Of8Cn￿ price inflation of the cunew in which debt instnjrnent Is d¢Th)mirwrf wovid¢d such links are noi l¢verdged. (cl The Contr￿ may w)vide for a detemiinable vtri&tion of the return to the IK)Ider during the life of the iTrstrument. provided thai lil the new rate s￿l5r)eS condiiion lal and the VarI￿10n is contingent on fubjre evenis other ihan I l }A change of a contraciuai variable rne:121 io proierf the ￿TrIder against credii deterioration of ihe is$uer',131 chat)ges in levies applied by a centyal bank or arising fmm ¢han8es in r¢l¢vani ￿allOn or law: or lik)the new Ate is i market rnte of iriierest knd S*isfitS LX)ndition (•). Id) There is no cOntrtrtU￿ prO￿$10n its tttm& result in F¥)Ider losingthe priTKi￿1 amounl or ny int¢r¢s¢ Attribut4bl¢ ty the currw# pmiod orsyior P¢TiO {el ConirKwal provisions th￿ pennil ihe issuer io p￿laY a det4 insirumetrt or pernjit the ￿TrIder to piit it b8£k to the tssuer before maturity tre noi contin8tnt on futurt evems. other to wo1￿1 the holder 4gainsi the ¢redit deterioration ofthe issuer or a change in ¢onirol i5su¢r. orto proteffl the holder or issutt against ch￿8¢$ in levies applied by a Centr￿ bank or arisin8 frnm ¢*$ in relevam wation or law. {0 Contraciual provisions may peTmit the exten%ion of the terni of the debt ir&trnment. Jxovided that the Murn to the holder ond ony other C0ntraau￿ provbsiof6 appli￿ble durin8 th¢ ¢￿d t¢rrn satisfy ihe eortditiotts of ragrnphs lal to {¢). De￿ instrumems th& are ¢I￿lfied ¥ Fe5￿1¢ orrtttivable wiihin one )taT on iniii41 re￿￿nItiOn and which meet the aErf)ve conditions are mra5ured at tht undiscourted amount oftht or oiher consideration exF¢Cted to be pajd OT r¢c¢iv¢4 nel of imF4imienl. With the exception of Some l*in8 inslrum¢nt& other delrt hnstrurnents mceting these condiiions are measured ￿ fair valu¢ Ihrou8h Fyofiior loss. Ctsmmitments to m&e and rtteÉve lo1￿ whtth meet the eonditions metttioned ab)ve are mwured ￿ co Iwhi¢h may b¢ nill less impairnieni. Itwesknetrts in ￿￿￿O￿vertible ptfertrte STr￿¢$ ordirthry or weferentt shares (wkn shoTe5 are publicly troded or iheir fair vaiye is reliably measurable) are measuroj * fair v8lu¢ tknugh profit or loss. Ivhtrc hir vaiuc catwt be me&sureAI reliably. invesiments art mea5urtd at cost less impaimient. Investments in sub5idi#ries and as5(Kiates arr mc&sured at C05t Ic55 IM￿lmitn1. For investhienis in subsithaTi¢S acquired foreonsideration includin8 the issue of shares qualifyin8 forrnerger relief. cosi is measured by reference io th¢ MMIMI value of the shrn issued plu$ flir value ofother considemion. Any premium 15 i￿Ored. Page 10 Norton Canes CommuDity Association Notes lo the Financial Statements for the Year Ended 31 December 2025 (continued) The ch￿lty uses deriv￿]Ve finatKial ins[n￿ents to reduce exN)sure io foreign exdw risk and interem rate movemenis. The charity does rK)i hold or issue deTivalive financid instrurn¢rts for sp*culative puryK>ses. Deriwives are initially reco￿ls¢d at fair value at date a derivative Cont￿ is entrred imo arA are subsequenily remeasured to their fair value at each rew>rring dale. The resulting gain or loss is recognised in ststement of fLnanCI￿ xtivities immediately unjess the der1￿]ve is desigtkated and effective 8s a hed8in8 iTLStrnment. in which event the timing ofik reco8Thiiion in swemeni of financiaj adiviti¢s de￿￿$ on t nthire of kd8e r¢I￿lOnth1 F4lr Trvlue meosmremeni The best evidence of fttir value is a quoted price foran ideThtical asset in an xtive rnarket. quoied pritts ¢ unavailable, the wi¢e of o rettnt irans¥iion for an idenii¢aJ assei provides evidence of fair value lon8 as there has M)1 been a Si￿1r1¢an1 change in e¢0￿Mi¢ cir¢umsiantts OT a $iwfi¢ani lapse of lime sin¢¢ the trons&rtion took pl&e. If M￿tI is not xiivc recart iransa¢tio¥ts of an identical assd on their own we i a good estimw¢ of fair vaiye. fair vajye is estim￿ed by using a v4luwion w￿Uq1K. 2 Income from don•¢iow And keA¢ funds Genernl Total funds tknnations and leg4ci Donations frorn indivhduals 1267 1.267 Tothl for 2025 1267 1,267 Total for2024 770 770 3 Income Irom other trAdkng ictfvltlei Ilnreitii¢ted fuThth G¢n¢r•l Totll funth Events income.. her evems Iiicome 11,940 11,940 Totll for2025 11,940 11.940 To¢AI for2024 15,502 15,502 4 JnvtStment iDcorne Norton Canos CommuDity Association Notes to the Financial Ststements for the Year Ended 31 December 2025 (Continued) Un￿stI￿ted Totxl fundy GeDtrAI Jnierest receivable similar irKome' Irrterest receivoble on deN)sits 420 420 Tot#l for2025 420 420 Total for2024 592 592 S Other wcorne U￿1*StrICted Tot*l Gen¢rnl Rental inwme 31.886 31.886 Totsl for2025 31.886 31.886 Tot*1 for 2024 28.752 28.752 6 4th eh*rlt*ble *ctfvltl funds Tot*1 funth 50.753 3.482 568 50.753 3,482 568 tkwecia¢ioN amortiSQtiona￿l other similar costs All0￿ed suFoon costs Tot*1 for 2025 54,803 54.803 Totsl for 2024 42,054 42,054 Page 12 Norton Canes Community Its8￿lation Not¢8 to the Financial Statements for the YeAr Ended 31 December 2025 (¢ontinu¢d) Tot•1 7 Tiutlon The chartty 1$ a regtstered chariry is therefore exemw from wio Tinglble Ilxed Isgets Total Cost At l January 2023 Jitions 64.368 7.883 64,368 At 31 De¢ember 2025 72251 72,251 DepretlAtitsD Ai l Januory 2025 Charge for the Jtar 61.799 3,481 61.799 3,481 At 31 December 2025 65 65.280 Nei b)ok vglvt 31 December 2025 6.971 6.971 At 31 December 2024 2,569 9 Dtbtorj 2025 2024 174 93 10 C*Jh c•she4uiv*IEnts 2025 2024 Cash on h8nd C&%h at t•nk 16 69.765 51.675 51.675 69,781 Pagt 13 Norton Canes Community Association Notes to the Financial Ststements for the Year Ended 31 December 2025 (continu￿) I I Crtdlton: amounts IAling due Y4*hin on¢ y¢Ar 2025 2024 Aecruals 1,585 1.643 12 FuThds Biknnce at 31 Dtetmber 2025 B*knnte It I J•DUary 2025 Ineomine R¢sourres ¢I￿nded UnYestrkt¢d General 70.799 45.513 {59,078) 57.234 13 An1￿11 of net •u¢ts betweett $trnted Gentrnl To¢AI Tangible fixed ass￿$ Cuffent &ssrfs Current liabilittes 6.971 51.849 (1.585 6.971 51,849 11.585 Tots] r*t assets 57,233 57.235 Page 14 Nortoft C8no¥ Communitv AsS￿latiOn Sthtement of Finaneial Activities by fund for the Year Ended 31 December 2025 Totxl Totsl unTt￿lItttd UTh￿￿￿¢(ed Fun 21125 2024 Income and Endowments frnm: rknn•ion$ 8nd lewi Other trading ￿]Vill¢S Invcstmcnt iTwIn¢ Other income 1267 770 15,502 592 28,752 420 31.886 Total income 43.513 45.616 EX￿ndit￿re OD: Raising funds Charitable ￿1vItieS (4275} 54.803 13.0701 42,054 Total ex￿ndituTe lexpenditureyincome {59.078) 145.124 113.5651 492 moyemem in funds {13.565) 492 Reconcil1•￿￿ of fwKIs Tots] funds iyought forward 70.799 70.308 Totai fuThJs ￿Ti¢d forward 57,234 70.800 This page th)es not ftirni part ofthe st&utory financial ststrment& Page 15 Iyorton Can¢$ Community Ass￿￿￿tiOn Detsiled Statement of Financial Activities for the Year Ended 31 Dettmb¢r 2025 Tot•1 2025 21124 Aweais aNi don￿10￿$ . other agencies Fundnising events 1267 220 150 1267 770 her Iradln8 art1v1￿eS Fundrrising evenis 11.940 15.502 15,502 Invullw￿l Incojng Interest on cash dep)sits 420 592 420 592 hér Ineome Ren￿1 In￿￿¢ 31.886 28,752 31,886 28.752 R&l$lngf4nds Fundraisin8 Costs Chariiable DOn￿10Th {42251 50 13.070) 4.275 3,070 Ch&rliobIedrtl￿ilès Rates and water rates Li8ht, he& atml ￿Wer Insuran¢¢ CaretAking Gtrdcn mainten* Equipment repairs and renewalj Telephone 8nd Printin& posiage and S￿10 Equipmem hire Licen￿$ Sundry expenses Cleanin8 W&ste Collection Accountancy ftts Depreciation of fLxlurc5 ond fittings Bank Charges {1.617) {9243) 122051 (20,0721 {5601 {132981 {5551 1481 (1.6871 12011 11641 1176} 19271 15521 (3.482} (1,102) (9.802) {2.257) {14,1501 (1.701) (5,519) 1597) 1478) {1.320) 13161 1457) 12081 18721 14981 12.777) 154.8031 142,054 This p88e &)es forni F•rt oftr* $thtu￿ry finarKial ststemems. 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