Charity registratlon number 622619 (England and Wales> WORDSLEY & DISTRICT COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrs Janet Blakeway Mr Graham Debney Mrs Hazel Marshall Mr Robert Shaw Mrs Linda Smith Senlor management Mrs Janet Blakeway Mr Graham Debney Chairman and Treasurer President Charity number 522619 Independent examlnèr BK Plus Limited Churchfield House 36 Vicar Street Dudley West Midlands England DY2 8RG Bankers National Westminster Bank PIC 141 Hlgh Street Stourbridge DY8 1BF
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION CONTENTS Pago Trustees report Independent examlnerfs report Statement of financial activities Balance sheet Notes to the financial stalements 7-13
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Twstees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charty's deed of trust, the Charities Act 2011 and "Accounting and Reporting by Charities". Statement of Recommended Practi 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). Objectiv•s and activltles The charity's objects and principal activlties, which have remained unchanged during the year, are to promote the well-being of the communty resident in the beneficial area by associating the local authorities. voluntary organisalions and residents in a common effort to: further health. advance education. provide facilities for physical and mental training and recreation and social, moral and intellectual development. foster a community spirit for the achievement of these and other charitable objects. maintain and manage or to co-operate with any local statutory authority or authorities in the maintenance and management of a community Cerrtre for activities promoted by the association and its constituent bodies in furtherance of the above objects or any of them. The association continues to fund itself by rental income from the community Centre, by investment income and by other special fund raising events. In addition the association administers funds for community groups. In planning our activities for the year we kept in mind the Charity Commissions guidance on public benefit at our trustee meetings. The association will continue to support the communty through the Centre and its other activities. Volunteers Volunteers continue to provide much help and support in the life of the charity. Most volunteers arise from the management committee and are mainly used for fundraising activities.
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance Significant activities and achEvements against objectives Looking back at previous years reports especially during the time Covid hit, we commenced with 'Our year has seen the best & worst of times, ... Maybe this years 2024-25 report should have started 'we could be heading for difficult times,. It had been a pleasing 2024 section of this financial year. We worked hard to ensure an increase in our income to offer a little security for the future, negotiated the extension of the NHS Covid jabs contract to carry out Covid boosters plus, increasing our regular bookings. We have welcomed the 'Rock Choirf, Kaleidoscopo Counselling, Mini Athletics, & The Story tack, plus The Kings Trust, team have taken up residence in our Richardson Hall Cottage. This has allowed us to start building our reserve funds to give us security in 2025 to pay heating bills that could well exceed an unbelievable £20,000. {Plus basically allowing your Treasurer to sleep at night & not have to recommend increasing room Charges excess¢vely). Grant applications have continued but since every charity in the UK were applying for the same 'penny' haslis proving to be somewhat a sole destroying task. It has also proved to be a difficult 12 months in respect of losing some of our most hard working. supportive & loved members. I must especially mention Reg Oldacre - Secretary of our Men's Leisure Group - a man so kind, friendly & supportive & who's friendly greetings on a Friday are intensely missed. Rapidly followed by the loss of our Vi Presidents husband James 'Jim' Skidmore. Such a huge caring & supportive member of our Association. They will be more than greatly missed. 'Salt of the earth characters - both,. As we turned the corner into 2025, we were advised belatedly that we were losing our waste bin collection service - which we would have to Outsour & pay for as from 1 st April. The challenge was to find the best supplier at a price we could afford - only achievable by reducing the type of waste we can have collected, with the wonderful support of our groups who are handling their own recycling. Yet more problems were to follow via our bankers - Natwest. Following the closure of several branches our account held at Merry Hill branch has moved to yet another site all be it still at the Merry Hill centre thank heavens since we find it necessary to actually collect our statements on a regular basis. Our saving grace financially has been the confimiation form the Post Offsce that they will be continuing their banking services & that we are able & will be able to continue undertaking our day to day 'banking' on our own Wordsley Green. Thank heavens for our Annual Bazaar & the huge support of our members which raise the funds allowing us to continue as always - with our programme of ongoing renewal and refurbishments of our premises & facilities. It has become apparent as we wait for more information from our local council that we will shortly have to take responsibility for a huge amount of repairs I renewal costs which they have formerly covered. Planning for our next Bazaar to be held on 29th November is already underway & is going to be needed more than ever. It has been a difficult and some times sad 12 months but as always 'the sun comes out tomorrowl We have again retained our equilibrium, and our reputab'on as the heart of the village, with thanks especially to the groups vtho have undertaken individual fundraisers and who's example we desperately hope others will follow. Together we are strong. This is our 85th Birthday Celebration year. which we will celebrate wrth a vengeance in Autumn, raised a glass to our members past and our members yet to come and face the oncoming challenges. Once again we have retained our equilibrium AND our reputation as the heart of our village. Financlal review The charity had an eXs$ of income over expenditure for the year of £13,721 (2024 - £20.971).
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ReseNes policy It is the trustees, intention to maintain sufficient resources in the charity to cover day to day needs and retain a buffer against unexpected shortfalls in income and eXptIonal expenses which may occur from time to time. Reserves held at 31st March 2025 were as below. Further information on the reasons for holding the funds is contained in note 1 of the accounts. General Fund Designated fund Restricted fund - refurb costs Restricted funds - Groups 95.717 19,038 5,000 145 571 Structure, governance and management The charity is controlled by its governing document. a deed of twst and constitutes an unincorporated charity. The charity is govemed by its constitution adopted in February 1940, as amended 23 June 2011, standing orders and a trust document dated 10 March 1975. The Trustees who served during the year and up to the date of signature of the financial statements Vre." Mrs Janet Blakeway Mr Graham Debney Mrs Hazel Marshall Mr Robert Shaw Mrs Linda Smith (Passed away 29 May 2025) Recmitment and appointment of tniste8s New trustees are nominated and appointed at the Annual General Meeting, or C¢>OPted to fill a vacancy. Org8nisation81 stnicture The association members discuss the perfomiance of the assoaation on a regular basis at council meetings. Proposals are voted upon and the outcome is implemerrted by the relevant member. Othermatters Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in pla to provide reasonable assuran against fraud and error. The charity has a risk policy document in place which is reviewed annually. The T ustees report was approved by the Board of Trustees. r5 Janet B Trustee keway Date:
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORDSLEY & DISTRICT COMMUNITY ASSOCIATION I report to the Trustees on my examination of the financial statements of Wordsley & District Communty Association (the trust) for the year ended 31 March 2025. Responsibillties 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. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent examinerfs statement Your attention is drawn to the fact that the charity has prepared the financial statements in accordan with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for the finanaal statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records vRre not kept in respect of the charty as required by section 130 of the Charities Act 2011. the financial ststements do not accord with those records. or the financial statements do not comply viith the applicable requirements concerning the fomi 8nd content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial ststements give a true and fair view, which is not a matter considered as part of an independent examlnation. I have no concems 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 financial statements to be reached. BK Plus Llmited Churchfield House 36 Vicar Street Dudley Vvest Midlands DY2 8RG England Date:............................
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 202S 2024 Notes Income from: Donations and legacies Charitable activities Other trading activities Investments 463 52,944 1,912 229 1,308 70,624 1,912 229 400 64.237 2.029 226 156 17,992 556 82.229 2.029 226 17,680 Totsl income 55,548 18.525 74,073 66,892 18,148 85,040 Expendlture on: Raising funds Charitable 8Ctivities 300 44,095 300 60.100 16,005 48,194 15,875 84,069 Total eXndItUre 44,395 16,005 60,400 48.194 15.875 84.089 Net income 11,153 2,520 13,673 18.698 2,273 20,971 Transfers between funds (500) 500 Net movement In funds 11.153 2.520 13,673 18,198 2.773 20.971 Reconclliatlon of funds: Fund balances at 1 April 2024 103,554 28,296 131,850 85,356 25,523 110,879 Fund balances at 31 March 2025 114,707 30.816 145.523 103.554 28,296 131.850 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Debtors Cash at bank and in hand 11 3,405 147.335 1,622 135,403 150.740 137.025 Creditors: amounts falling due wlthin one year 12 {5,217) (5,175) Net current assets 145.523 131.850 The funds of the charity Restricted income funds Unrestricted funds 13 14 30,816 114,707 28,296 103,554 145,523 131,850 The financlal statements were approved by the Trustees on ......................... lakeway
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles 1.1 Accounting conventlon The financial statements have been prepared in accordance with the charity's, the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. ('FRS 102°) and the Charities SORP 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). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statanent of Cash Flows. The financial statements are presented in the Pound Sterling rounded to the nearest pound (£). The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern The financial statements are prepared on a going concern basis as it is generating sufficient income to meet its liabilities. The charity is a public benefit entity. 1.3 Charltable funds Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. The BB Fund has been designated by the trustees for purchase of equipment and expenditure on refurbishment. 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. The grdnts received fund consists of various grants received for speafic purposes. The 200 Club is a fundraising group for purchase of equipment. Group funds are funds belonging to various clubs and groups that the charity operates. 1.4 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. Hire charges in respect of future periods are allocated to the period they relate to. Government grants are recognised in the Statement of Financial Activities when the performance conditions are met and the Association is eligible for the grant.
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies Icontlnuod) 1.5 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 amount of 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 viith the use of resources. It is the charity's policy to write off expenditure on refurbishment or purchase of equipment in Ihe year in which it is incurred. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. 1.7 Taxatlon The charity is exempt from tax on ts charitable activities. 1.8 Debtors and Credltors Short tem debtors and creditors are measured at transaction price, less any impairment. 1.9 Donated goods and facilities The charity operates from premises owned by Dudley MBC for which only a nominal rent is paid. Donated goods for resale are recognised when the proceeds are received. Volunteer time is not recognised in the accounts. Further infomiation on their contribution can be found in the Trustees report. Income from donations and legacles Unrestrfcted Restrlcted funds funds 2025 2025 Total Unrestrlcted Restrlcted funds funds 2024 2024 Total 2025 2024 Donations and gifts 463 845 1,308 400 556 Income from other tradlng activities Unrestricted Unrestricted funds funds 2025 2024 Sponsorships and social lotteries 1,912 2,029
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from Investrnents Unrestricted Unrestrlcted funds funds 2025 2024 Interest receivable 229 226 Expendtture on ralslng funds Unrestricted Unrestrlcted funds funds 2025 2024 Fundralslng and publlclty Advertising 300
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charitable activities Unrestricted Restricted fund fund 2028 2025 ToLI1 Unrestricted Restricted fund fund 2024 2024 Total 2025 2024 Direct costs Insurance and leases Light, heat and water Telephone Printing, postage and ststionery MislIaneOUS Cleaning and caretaking Maintenance and repairs Clerical assistance Community groups expenditure 914 13,317 2.066 914 13,317 1,384 16,506 2,116 1.384 16,506 2,116 1.679 3.070 5.836 4,931 10.173 1,679 3,070 5,836 4,931 10,173 1,815 2,639 5,377 5,135 9,367 1,815 2,639 5,377 5,135 9,367 981 16,005 16,986 2,465 15.875 18,340 42,967 16,005 58,972 46,804 15,875 62.679 Support costs Accountancy and legal fees 1,128 1,128 1.390 1,390 44,095 16,005 60,100 48,194 15,875 64,069 Analysis by fund Unrestricted funds Restricted funds 44,095 44,095 16,005 48,194 48,194 15,875 16.005 15.875 44.095 16,005 60,100 48,194 15,875 64,069 Support costs allocated to activities 2025 2024 Community Association 1,128 1,390 1,128 1,390 Support costs include £1,080 (2024- £1,080) in respect ofthe Independent Examiners fee. Trustees None of the Trustees (or any persons connected with them) received any remuneration or benefits frcm the charity during the year. During the year the charity paid £2,675 (2024 £2,892) to 1 trustee for expenses incurred on behalf of the charity. No other expenses were paid to trustees. 10-
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The total trustee and key management personnel remuneration and benefits were £nil (2024 £nil). 10 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 11 Debtors 2025 2024 Amounts falllng due within one year: Trade debtors Prepayments and accrued income 2,241 1,164 1,622 3,405 1,622 12 Credltors: amounts falling due within one year 2025 2024 Trade creditors Accruals and deferred income 262 4,955 5,175 5,217 5.175 11
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Restrfcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2024 Incomlng Resources resources expended Transfers At 31 March 202S Gentle Excercise 200 Club Bridge Club Monday afternoon indoor bowls Get Together Mens Leisure Group INordsley History Society Wednesday Art Nifty Nineties Vlordsley Smile Wednesday Seniors 50+ Badminton 3G Carol's Fund BB Club 2,040 2,244 350 951 1,681 (1.248) 2,473 2,244 417 792 920 1.829 7,613 28 1,011 3,957 2,854 193 1,485 5,000 2.000 2,145 1,708 2,552 2,300 1,208 125 720 (1,933) (2,304) (788) (2,548) (1,887) (1,200) (710) 1,825 7,200 20 1,596 3,237 2,048 225 1,560 5,000 (1,840) (1.472) (75) 1,440 28,296 18,525 (16.005) 30,816 Previous year: At 1 Aprfl 2023 Incomlng Resources resources expended Transfers At 31 March 2024 Gentle Exr¢l$e 200 Club Brldge Club Monday afternoon indoor bowls Lively Ladies Mens Leisure Group Wordsley History Society Vlednesdsy Art Nifty Nineties Knit and Natter Wordsley Smile Wednesday Seniors 50+ Badminton 3G Carol's Fund BB Club 1.429 2,239 291 788 1,083 1,578 6.367 55 420 929 3.081 1,148 55 1,C60 5,000 2.105 985 1,870 2,199 (1,494) (980) {1,811) (2.036) 2,040 2,244 350 951 (1,083) 2,507 2,040 1,076 753 518 156 2,175 1,764 (2.260) (1,207) (1 111) 1,825 7,200 20 1,596 1.083 {1,447) 3,237 2,048 225 1.560 5,000 {1,275) {1,594) 500 25,523 18,148 (15,875} 500 28,296 12-
WORDSLEY & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Unrestrfcted funds The unrestricted funds of the charlty comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These indude designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2024 Incomlng resources Resources expended Transfer8 At 31 March 2025 BB Club General funds 15,625 87,929 4,394 51,154 (981) (43,414) 19,038 95,669 103,554 55,548 {44.395) 114,707 Previous year: At 1 April 2023 Incomlng resources Resources expended Transfers At 31 March 2024 BB Club General fvnds 10.703 74,653 7,345 59,547 (2,465) (45,729) 42 (542) 15,625 87,929 85,356 66,892 (48,194) (500) 103.554 15 Operatlng lease commitrnents Lessee At the reporting end date the charty had outstanding commitments for future minimum lease payments of £2,135 (2024 - £2,3780). 16 Related party transactlons There were no di108able related party transactions during the year (2024 - none). 13-