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COMPANY REGISTRATION NUMBER: 05626686
CHARITY REGISTRATION NUMBER: 1112982
Oughtrington Community Centre
Company Limited by Guarantee
Unaudited Financial Statements
28 February 2025
Oughtrington Community Centre
Company Limited by Guarantee
Financial Statements
Year ended 28 February 2025
Page
Trustees' annual report (incorporating the director's report)
1
Independent examiner's report to the trustees
5
Statement of financial activities (including income and expenditure account)
6
Statement of financial position
7
Notes to the financial statements
8
Oughtrington Community Centre
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 28 February 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 28 February 2025 .
Reference and administrative details
Registered charity name
Oughtrington Community Centre
Charity registration number
1112982
Company registration number
05626686
Principal office and registered
1 Oughtrington Crescent
office
Lymm
Cheshire
WA13 9JD
United Kingdom
The trustees
Mr N Storer (Chair)
Mrs H Ray
(Resigned 17 September 2024)
Mrs J Lombardi-Brown
Mrs K Duffin
(Resigned 16 April 2024)
Mrs L Kerley
Mr A Openshaw (Secretary)
Mrs L Welsh
Mrs S Allanson (Treasurer)
(Appointed 20 September 2024)
Mr I Penlington
Company secretary
Mr A Openshaw
Independent examiner
Giles Mattocks FCA
18 Mulberry Avenue
Turnstone Business Park
Widnes
Cheshire
WA8 0WN
Structure, governance and management
The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association adopted on 17 November 2005.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The Board of Management is responsible for the day to day management of the Oughtrington Community Centre . The Chair, Vice Chair & Treasurer sit on the Board of Trustees.
The Board of Trustees is responsible for the overall governance of the charity.
Objectives and activities
Oughtrington Community Centre is unique. Since 1983 it has been owned and managed by the community. On behalf of local people, a committee of volunteers have worked, and continue to work together to:
- Co-ordinate a diverse program of activities that take place at the Centre.
- Oversee the ongoing maintenance of the Centre.
- Raise the profile of the Centre and secure funding to ensure its ongoing operation.
The Community Centre has gone from strength to strength incorporating a range of regular activities including a Pre-School, Day Care Luncheon Club for the Elderly, Cubs, Scouts and Guides, a Ballet and Tap School, art group, exercise classes, children's summer camp activities and a range of occasional private hires (e.g. birthday parties).
The objectives of Oughtrington Community Centre (OCC) as set down in our Memorandum of Association are:
- To improve leisure and social facilities available to the local residents of Oughtrington by working in association with the local authority, voluntary organisations and local people to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation.
- To maintain and manage Oughtrington Community Centre.
- To protect and preserve the environment for the benefit of the public, and
- To promote other charitable purposes for the benefit of the residents of the area of benefit.
Main areas of activity during the period
The Luncheon Club re-opened to its members on 12th April 2024, operating on Tuesdays and Fridays. A cold menu is on offer and activities during the period included chair-based exercise. Later in the year, support from the staff and children of Oughtrington Primary School recommenced.
A rent revue for both regular hirers and Ad-hoc bookings was completed during the period to bring the O.C.C rental charges into line with other similar organisations within the local area. Significant discounts are offered for multiple hires and social groups. These changes in rental income are starting to be reflected in the level of Charitable Activities reported in the accounts.
Improvements and repairs to the fabric of the building continued throughout the year utilising both O.C.C savings and the improved rental income previously mentioned. Such improvements benefit the current users of the centre and aim to attract new interest from both ad-hoc bookings and new regular hirers.
Improvements during the year included:
Upgraded flooring in both the Pre-school area and main hall. Improvements to car park area.
Electrical upgrade.
Security lock replacements.
Redecoration of Lobby area, Disabled Toilets and Large meeting room.
Redecoration of kitchen area.
Ceiling fans installed in Pre-school area, kitchen and main hall to reduce heating costs. Further repairs to the roof were carried out during the year.
Boiler replacement and plumbing work was carried out during the year. Work was implemented to ensure doors complied with fire safety standards.
The luncheon club continues to be a fundamental part of the centre's charitable activities.
The aim of the Organisation over the next year is to continue to:
Build on the benefits provided by the new enlarged Board of Management which has managed the Centre since May 2023.
Continue to review the safe working practices of the Centre as a whole and those of its users to ensure a safe pleasurable environment for all who use the Centre.
Implement where appropriate improvements to the fabric and services of the Centre as indicated by the aforementioned review.
Work with other organisations to improve the quality of life of local residents.
Continue to explore the expansion of hire levels.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
During the period to 28 February 2025, the charity continued to provide facilities, events and activities to the local residents and visitors.
Financial review
The annual report covers the period March 2024 - February 2025.
The value of total reserves at 28 February 2025 were £360,286 (2024 - £394,604).
Reserves have been maintained throughout the year to the level stated in the charity's reserves policy.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent twelve month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised.
Risk management
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 2 July 2025 and signed on behalf of the board of trustees by:
Mr N Storer (Chair)
Mrs S Allanson (Treasurer)
Trustee
Trustee
Oughtrington Community Centre
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Oughtrington Community Centre
Year ended 28 February 2025
I report to the trustees on my examination of the financial statements of Oughtrington Community Centre ('the charity') for the year ended 28 February 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement
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:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Giles Mattocks FCA Independent Examiner
18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 0WN
2 July 2025
Oughtrington Community Centre
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 28 February 2025
2025
2024
Unrestricted funds
Restricted funds
Total funds
Total funds
Note
£
£
£
£
Income and endowments
Donations and legacies
5
3,550
3,550
2,472
Charitable activities
6
30,380
30,380
22,650
Investment income
7
1,910
1,910
1,352
--------
-------
--------
--------
Total income
32,290
3,550
35,840
26,474
--------
-------
--------
--------
Expenditure
Expenditure on charitable activities
8,9
66,608
3,550
70,158
48,013
--------
-------
--------
--------
Total expenditure
66,608
3,550
70,158
48,013
--------
-------
--------
--------
--------
-------
--------
--------
Net expenditure and net movement in funds
( 34,318)
( 34,318)
( 21,539)
--------
-------
--------
--------
Reconciliation of funds
Total funds brought forward
394,604
394,604
416,143
---------
-------
---------
---------
Total funds carried forward
360,286
360,286
394,604
---------
-------
---------
---------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Oughtrington Community Centre
Company Limited by Guarantee
Statement of Financial Position
28 February 2025
2025
2024
Note
£
£
Fixed assets
Tangible fixed assets
13
312,870
303,478
Current assets
Debtors
14
4,872
2,996
Cash at bank and in hand
46,367
96,191
--------
--------
51,239
99,187
Creditors: amounts falling due within one year
15
3,823
8,061
--------
--------
Net current assets
47,416
91,126
---------
---------
Total assets less current liabilities
360,286
394,604
---------
---------
Net assets
360,286
394,604
---------
---------
Funds of the charity
Unrestricted funds
360,286
394,604
---------
---------
Total charity funds
16
360,286
394,604
---------
---------
For the year ending 28 February 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 2 July 2025 , and are signed on behalf of the board by:
Mr N Storer (Chair)
Mrs S Allanson (Treasurer)
Trustee
Trustee
Oughtrington Community Centre
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 28 February 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 1 Oughtrington Crescent, Lymm, Cheshire, WA13 9JD, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. bank overdrafts are shown within borrowings in current liabilities.
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future .
Judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There are no judgements or critical accounting estimates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. the purposes and uses of the restricted funds are set out in the notes to the financial statements Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
Incoming resources
Income is recognised when the charity is legally entitled to if, after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Resources expended
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.
Tangible assets
Tangible fixed assets are initially recorded at cost, and subsequently stated at cost or valuation, less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property
-
0% since the market value is significantly higher than costs.
Fixtures and fittings
-
25% reducing balance
Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of operations form suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
4. Limited by guarantee
The charity is a company limited by guarantee, having no share capital.
5. Donations and legacies
Unrestricted Funds
Restricted Funds
Total Funds 2025
£
£
£
Donations
Donations and gifts
Grants
Lymm Parish Council
1,050
1,050
Lymm Community Energy
2,500
2,500
----
-------
-------
3,550
3,550
----
-------
-------
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Donations
Donations and gifts
2,472
2,472
Grants
Lymm Parish Council
Lymm Community Energy
-------
----
-------
2,472
2,472
-------
----
-------
6. Charitable activities
Unrestricted Funds
Total Funds 2025
Unrestricted Funds
Total Funds 2024
£
£
£
£
Rent
26,236
26,236
18,310
18,310
Luncheon club contributions
4,144
4,144
4,340
4,340
--------
--------
--------
--------
30,380
30,380
22,650
22,650
--------
--------
--------
--------
7. Investment income
Unrestricted Funds
Total Funds 2025
Unrestricted Funds
Total Funds 2024
£
£
£
£
Bank interest receivable
1,910
1,910
1,352
1,352
-------
-------
-------
-------
8. Expenditure on charitable activities by fund type
Unrestricted Funds
Restricted Funds
Total Funds 2025
£
£
£
Direct charitable activities
65,280
3,550
68,830
Support costs
1,328
1,328
--------
-------
--------
66,608
3,550
70,158
--------
-------
--------
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Direct charitable activities
45,733
45,733
Support costs
2,280
2,280
--------
----
--------
48,013
48,013
--------
----
--------
9. Expenditure on charitable activities by activity type
Activities undertaken directly
Support costs
Total funds 2025
Total fund 2024
£
£
£
£
Direct charitable activities
68,830
68,830
45,733
Governance costs
1,328
1,328
2,280
--------
-------
--------
--------
68,830
1,328
70,158
48,013
--------
-------
--------
--------
10. Net expenditure
Net expenditure is stated after charging/(crediting):
2025
2024
£
£
Depreciation of tangible fixed assets
9,568
5,688
-------
-------
11. Independent examination fees
2025
2024
£
£
Fees payable to the independent examiner for:
Independent examination of the financial statements
1,200
1,000
-------
-------
12. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
13. Tangible fixed assets
Freehold property
Fixtures and fittings
Total
£
£
£
Cost
At 1 March 2024
296,651
79,084
375,735
Additions
18,960
18,960
---------
--------
---------
At 28 February 2025
296,651
98,044
394,695
---------
--------
---------
Depreciation
At 1 March 2024
17,687
54,570
72,257
Charge for the year
9,568
9,568
---------
--------
---------
At 28 February 2025
17,687
64,138
81,825
---------
--------
---------
Carrying amount
At 28 February 2025
278,964
33,906
312,870
---------
--------
---------
At 29 February 2024
278,964
24,514
303,478
---------
--------
---------
14. Debtors
2025
2024
£
£
Trade debtors
2,840
1,930
Prepayments and accrued income
2,032
1,066
-------
-------
4,872
2,996
-------
-------
15. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
106
Accruals and deferred income
2,223
6,230
Other creditors
1,600
1,725
-------
-------
3,823
8,061
-------
-------
16. Analysis of charitable funds
Unrestricted funds
At 1 March 2024
Income
Expenditure
At 28 February 2025
£
£
£
£
Unrestricted fund - General funds
394,604
32,290
(66,608)
360,286
---------
--------
--------
---------
At 1 March 2023
Income
Expenditure
At 29 February 2024
£
£
£
£
Unrestricted fund - General funds
416,143
26,474
(48,013)
394,604
---------
--------
--------
---------
Restricted funds
At 1 March 2024
Income
Expenditure
At 28 February 2025
£
£
£
£
Restricted Fund 1 - desc in a/cs
3,550
(3,550)
----
-------
-------
----
At 1 March 2023
Income
Expenditure
At 29 February 2024
£
£
£
£
Restricted Fund 1 - desc in a/cs
----
----
----
----
At 1 March 2024
Income
Expenditure
2025
At 28 February 2025
£
£
£
£
£
Lymm Parish Council
1,050
(1,050)
Lymm Community Energy
2,500
(2,500)
----
-------
-------
----
----
3,550
(3,550)
----
-------
-------
----
----
Lymm Parish Council - funds were given to assist the Luncheon club with the re-decoration costs. Lymm Community Energy - funds were given to improve energy efficiency within the building.
17. Analysis of net assets between funds
Unrestricted Funds
Total Funds 2025
£
£
Tangible fixed assets
312,870
312,870
Current assets
51,239
51,239
Creditors less than 1 year
(3,823)
(3,823)
---------
---------
Net assets
360,286
360,286
---------
---------
Unrestricted Funds
Total Funds 2024
£
£
Tangible fixed assets
303,478
303,478
Current assets
99,187
99,187
Creditors less than 1 year
(8,061)
(8,061)
---------
---------
Net assets
394,604
394,604
---------
---------
18. Financial instruments
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.