Gresford Gresford & District War Memorial Community Centre Trust Financial Statements For the Year Ended 31 st March 2025
Gresford & District War Memorial Community Centre Trust Contents Page Trustees, Report Auditors, Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements 8-10
Gresford & District War Memorial Community Centre Trust Trustees, Report For the Financial Year ended 31 st March 2025 Page 1 President-. Vice Presidents Lord Thomas of Gresford Mrs. M Heaton and Mr. lan Gibson The Charity is regulated by a conveyance dated 1 Olh May 1949 Trustees Trustees who currently seNe and those who served during the year: Appointed by Village Representative Village Representative Village Representative Village Representative Village Representative Village Representative Village RepsentatiVe Village Representative Village Representative Village Representative Village Representative Village Representstive Mr Robert Grey (Chair) Mr R Evans (Vice Chair) part year Mrs. J Holmes (Treasurer) Mrs. V Shields Ms. J Osborne Mr G Paletta Mjr Michael James Mr. M Perry (Vice Chair) Mrs. M Griffin Mrs. M Turner Mr Steven Bland part year Mrs Carole Grey part year Mrs. B Blackmore Mr Andrew Bailey Ms. Andrea Ellis Mrs. L Murley Mr J Bell Mr R Edwards Mrs. Michelle DeRosa Mr J Lloyd (Internal Auditor) Mr G Jones Mr R Williams Miss M Williams Mrs. S Hill Mrs. S Happs Gresford Community Council Gresford Community Council Gresford Community Council Gresford All Saint's Church Gresford Cricket Club Royal British Legion Gresford Athletic Juniors Gresford Bowls & Billiards Gresford Snooker Club Gresford & Marford Tennis Gresford Women's Institute Gresford All Saint's Craft Group Gresford Methodist Church
Gresford & District War Memorial Community Centre Trust Trustees, Report For the Financial Year ended 31st March 2025 Page 2 Principal Address Lakeside High Street Gresford Wrexham LL12 8PS Charity Registration Number 524052 Administration Committee Mr. Robert Grey (Chair) Mrs. J Holmes (Treasurer) Mrs. V Shields Ms. J Osborne Mr. M Perry Ivice Chair) Mr. M James Mrs. M Griffin Mrs. M Turner And any Trustee who wishes to attend. Members for part of the year. Mr. R Evans (VI Chair) Mr. S Bland Mrs. C Grey Bankers Unity Trust Bank plc PO Box 7193 Planetary Road Willenhall WV19DG National Westminster Bank plc 33 Lord Street Wrexham LL11 1LP Auditor Mr. R Cole 37 Green Park Erddig Wrexham LL13 7YE Objectives The object of the Charty is to hold the Memorial Hall and associated grounds for the purpose of physical and mental training and recreational and social, moral and intellectual development through the medium of reading and recreation rooms. library. lectures, classes and recreations and entertainments or as otherwise may be found expedient for the benefit of the inhabitants of the former Parishes of Gresford, Marford and Hoseley and their immediate vicinity.
Gresford & District War Memorial Community Centre Trust Trustees, Report For the Financial Year ended 31 st March 2025 Organisation The Trustees hold the legal responsibility for all Trust assets. The day-to-day management of the business is vested in the Administration Committee who meet on a monthly basis and report to the main committee. The main committee of the Trust holds regular bi-monthly meetings. Page 3 Advi is sought from the Charity Commission regarding issues raised to ensure we comply with Charity Law and work in the best interest of the Trust. Review We routinely monitor the facilities and replace. or renew, fixtures as required. We continue to maintain the grounds for the use of the communty. The Trust has received financial grant aid from Gresford Community Council for essential tree rna1ntenan. Trustees continue to help to ensure all Health and Safety issues are dealt with and their assistan is greatly appreciated. The valued contribution from volunteers working to maintain the Coronation Garden is also greatly appreciated. The Trust owes a huge thank you to Jo Burke. our Facilities Manager, and our Staff. We are also very grateful to our Trustees who give their time freely to the Trust thereby ensuring that the Trust is protected for future generations. Without them the village would lose this valuable asset. Fundraising This is supported by our monthly 100 Club draw. We continually seek new members to sign up for this fundraising effort. Resources Note 10 to the financial accounts sets out the analysis of assets attributable to the various funds. The Trustees consider these reSoUrS to be adequate for the purposes of the Charity. Operational Risks To monitor and manage the operational costs of the Trust, a budget review is prepared and monitored by a finan sub-committee and presented at the monthly Trust meetings. This is a means by which we can monitor income and expendtture. Like many organisations, we struggle to attract new Trustees and this is a cOnM and risk to the Trust going foThvard. We are conscious of the risk of being unable to attract younger Truste s for the future. Mr. Robert Grey Chairman
Gresford & District War Memorial Community Centre Trust Report of the Auditor to the Trustees For the Financial Year ended 31 st March 2025 I have audited the financial statements of Gresford and District War Memorial Community Centre Trust for the year ended 31st March 2025 which comprise of Statement of Financial Activities. the Balance Sheet and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein. Page 4 This report is made solely to the charty trustees. as a body, in accordance with sections 43 and 44 of the Charities Act 1993. My audit work has been undertaken so that I might state to the charity's trustees those matters l am required to state in an auditor's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my audit work, for this report, or for the opinions I have formed. Respective responsibilities of Trustees and Auditors The trustees, responsibilities for preparing the Annual Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally AcpIed Accounting Practice) are set out in the Statement of Trustees, responsibilities. My responsibility is to audit the financial statements in accordance with relevant legal and regulatory requirements and International Standards on Auditing (UK and Ireland). I report to you my opinion as to whether the financial statements give a true and fair view and are properly prepared in accordan with the Charities Act 1993. 1 also report to you if, in my opinion. the Annual Report is not consistent with the financial statements. In addition, I report to you if. in my opinion the charty has not kept proper accounting records, or rf I have not reiVed all the infomation and explanations I require for the audit. I read the Trustees, Report and consider the implications for my report if I become aware of any apparent misstatements within il. Basis of Opinion I conducted my audit in accordance with Intemational Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgments made by the trustees in preparation of the financial statements. and of whether the accounting policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed. I planned and perfomied my audit so as to obtain all the infomiation and explanations which I considered necessary in order to provide me with sufficient evidence to give reasonable assurance that the financial statements are free from material mis-statement, whether caused by fraud or other irregularty or error. In foming an opinion. l also evaluated the overall adequacy of the presentation of information in the financial statements.
Gresford & District War Memorial Community Centre Trust Report of the Auditor to the Trustees For the Financial Year ended 31st March 2025 Page 5 Opinion In my opinion.. The financial statements gwe a true and fair view, in accordance with United Kingdom Generally Accepted Accounting Practi, of the state of the Charity's affairs as at 31 st March 2025 and of rts incomiTrJ resources and application of Sou[S for the year then ended. The financial ststements have been properly prepared in accordan with the Charf(ies Act 1993. Mr R Cole
Gresford & District War Memorial Communty Centre Trust Statement of Financial Activities For the Financial Year ended 31 st March 2025 Page 6 Unrestrlcted Funds Restricted Funds INCOMING RESOURCES: 2025 2024 Grants Receivable Hire of facilities Rent receivable Donations Gfft Aid 100 Club Miscellaneous Income Interest receivable Fund raising Feed In Tariff 5.000 48,549 24,440 3.349 42 1.891 1,453 2,481 3,500 45,698 59,618 7,990 48,549 24.440 3.349 42 1.891 1.453 2.481 1.858 1,450 1.218 3,849 3,849 3,679 Purchase of benches by community HMRC Job Retention Scherr Total incomlng resources 125 011 RESOURCES EXPENDED Costs of aclivitses in furtherance of the objects of the charty Total resources expended NET{OUTGOINGTr INCOMING RESOURCES 2.336 2,336 42,215 Fund balances brought forward at 3110312024 168,879 293.482 462,361 420,146 Fund balances carried forward al 31 March 2025 171215 293 482
Gresford & District War Memorial Community Centre Trust Balan Sheet as at 31st March 2025 Page 7 2025 2024 FIXED ASSETS Tangible assets 292 781 310 702 CURRENT ASSETS Debtors and Prepayments Cash at bank and in hand 2.618 175.247 2.957 150,586 177,865 153,543 CREDITORS: Amounts falling due within one year NET CURRENT ASSETS -5.949 171916 -1,884 151659 NET ASSETS 464 697 Represented by FUNDS Restricted Unrestricted 293482 293,482 168,879 171215 Mr Robert Grey Chairman ark Perry VI Chaiman
Gresford & District War Memorial Community Centre Trust Notes to the Financial Statements For the Financial Year ended 31st March 2025 Page 8 The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities and accounting standards ACCOUNTING POLICIES The principal accounting policies adopted in the preparation of the financial statements are set out below a) Basis of Preparation of Financial Ststements The financial statements are prepared under the historical cost convention bl Fixed Assets Depreciation has been provided at the following rates in order to write off the cost of the fixed assets over their ants'cipated useful lives to the Charity. Freehold buildings Fixtures. fittings. and equipment Solar Panels 2¥0 and 20Vo of cost 250/0 reducing balan 5% ofcost c) Hire Charges and Rental Income Hire charges and rental income are accounted for in the period to which they relate d) Grants Receivable Grants re1vable are accounted for in the period to which they relate GRANTS RECEIVABLE Unrestrlcted Fund Restrlcted Fund Total Funds Total Funds 2025 2024 Gresford Community Council 5,00 5,00 3,500 o) Resources Expended Resources expended are recognised in the period in which they are incurred, inclusive of VAT where appropriate. They are allocated to the particular activity where the cost relates directly to that activity.
Gresford & District War Memorial Community Centre Trust Notes to the Financial Statements For the Financial Year ended 31 st March 2025 Page 9 Unrestricted Restricted Funds Funds Total Funds Total Funds 3. COSTS OF ACTIVITIES IN FURTHERANCE OF THE OBJECTS OF THE CHARITY 2025 20 Landscaping and ground Heat, lighl , water and refuse Insurance PrintlStationerylPost Computer web site Telephone & internet Repairs and maintenan Cleaning 100 Club Expenses & Prizes Miscellaneous expenditure Bad Debts Legal Fees Staff Wages Fund Raising Sub Total Depreciatlon Freehold Building Fixtures, fittings and equipment Sub Total 18,16 7,98 3.17 5,00 23,168 3.173 364 647 445 2.830 652 731 647 12.38 879 95 1,72 95 1.72 2,15 18.57 18.57 11,171 6,75 11.171 6.75 11,171 8.57 4. MANAGEMENT AND ADMINISTRATION COSTS Audit and accountancy 538 538 256 TOTAL COSTS 5. TOTAL RESOURCES EXPENDED Deprnciation Other costs 2025 2024 Costs of activities in furtherance of the objects of the charity
Gresford & District War Memorial Community Centre Trust Notes to the Financial Statements For the Financial Year ended 31 st March 2025 Page 10 6. TANGIBLE FIXED ASSETS Fixtures Fittings & Equipment Solar Panels Land and Buildings Total 2025 Total 2024 COST At 31 March 2024 680 376 Additions 24,154 At 31 March 2025 558 544 120450 DEPRECIATION At 31 March 2024 16,589 1.276 278,686 11,171 98,553 393.828 17,921 374,082 19,746 Charge for the year 5,474 At 31 March 2025 289 857 411749 393 828 At 31 March 2024 279 858 310 702 At 31 March 2025 268 292 781 310 702 The net book value of assets held at 31 Marth 2025 comprises solely of assets for direct charitable purposes 7.Trustees' Remuneration and Expenses None of the Trustees received remuneration or expenses