Bungay Community Centre

	Page
Trustees' Report	1—3
Independent Examiner's Report	4
Statement of Financial Activities (including Income and Expenditure Account)	5
Comparative Statement of Financial Activities (including Income and Expenditure Account)	6
Balance Sheet	7—8
Notes to the Financial Statements	9—15

The trustees present their report and the financial statements for the year ended 28 February 2026.

Objectives and Activities

Aims and Objectives

To promote the beneift of the inhabitants of Bungay and the neighbourhood without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants

Public Benefit

We continue to be mainly a space for people to hire to put on their own events, whether it is classes, clubs, music or social occasions such as parties. We have yet to host a wedding reception.

At the beginning of February we hosted – with the assistance of Bungay Cricket Club – an inaugural Winter Beer Festival. In fairness they took on much of the organisation. It proved so successful another has been booked for 2027.

We have instigated a Friday Quiz night, which is proving popular with people, some of whom attend regularly. The purpose is to make an offering to the Community, not necessarily for it to be a fund raiser.

Plans are underway both for another Family Fun Day in May and for a Ceilidh, which will be during August. There will be no entry charge for the former and families can have a free afternoon out with entertainment. The entry fee for the Ceilidh is minimal, fulfilling our desire to offer community based activities and encourage as many people and families as possible to attend.

Our EV chargers, sponsored by Suffolk County Council and which will be available for public use will be installed shortly.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Achievements and Performance

Main Achievements

We have continued to improve the building and equipment which is available for hirers. This year we have purchased a white board which is well used by the educational groups which are regular hirers. We have had the air vents in the main hall sealed off, making the air conditioning more effective and lessening the noise levels outside.

Page 1

Page 2

Bungay Community Centre

Trustees' Report (continued)

For The Year Ended 28 February 2026

Reference and Administrative Details

Trustees

Mrs A J Adams (resigned 14/01/2026)

Mrs R L Botham

Mrs J Cloke

Mr P N Dunning

Mrs B Herring

Mr J E Walker

M Evans (resigned 14/01/2026)

J H Green (resigned 10/01/2026)

Mr J Collins (appointed 14/08/2025) (resigned 01/01/2026)

Company Secretaries

Mr P N Dunning (appointed 14/01/2026)

M Evans (resigned 14/01/2026)

Charity Number

1108051

Company Number

05015149

Independent Examiner

J P Van Dijk

Van Dijk Accountants

11 Trinity Street
Bungay
Suffolk
NR35 1EH

Page 2

Page 3

Bungay Community Centre

Trustees' Report (continued)

For The Year Ended 28 February 2026

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr J E Walker

Trustee

30/06/2026

Page 3

Page 4

Bungay Community Centre

Independent Examiner's Report to the Trustees of Bungay Community Centre

For The Year Ended 28 February 2026

Independent Examiner's Report to the Trustees of Bungay Community Centre

I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2026.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts 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 your 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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts 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
the accounts 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.

J P Van Dijk

30/06/2026

11 Trinity Street
Bungay
Suffolk
NR35 1EH

Page 4

Page 5

Bungay Community Centre

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 28 February 2026

Statement of Financial Activities (including Income and Expenditure Account)

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	853	-	853	50,790
Charitable activities:
Charitable activities		47,406	-	47,406	36,354
Investments	4	2,723	-	2,723	1,486

		50,982	-	50,982	88,630

EXPENDITURE ON:
Raising funds	6	1	(1 )	-	1
Charitable activities:	6
Charitable activities		(81,518 )	(855 )	(82,373 )	(73,823 )

		(81,517 )	(856 )	(82,373 )	(73,822 )

NET (EXPENDITURE)/INCOME		(30,535 )	(856 )	(31,391 )	14,808


NET MOVEMENT IN FUNDS		(30,535 )	(856 )	(31,391 )	14,808
RECONCILIATION OF FUNDS:
Total funds brought forward		972,989	2,047	975,036	960,228

TOTAL FUNDS CARRIED FORWARD	14	942,454	1,191	943,645	975,036

The notes on pages 9 to 13 form part of these financial statements.

Page 5

Page 6

Bungay Community Centre

Comparative Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 28 February 2026

Comparative Statement of Financial Activities (including Income and Expenditure Account)

				2025
		Unrestricted funds	Restricted funds	Total funds
	Notes	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	50,790	-	50,790
Charitable activities:
Charitable activities		36,354	-	36,354
Investments	4	1,486	-	1,486

		88,630	-	88,630

EXPENDITURE ON:
Raising funds	6	-	1	1
Charitable activities:	6
Charitable activities		(73,288 )	(535 )	(73,823 )

		(73,288 )	(534 )	(73,822 )

NET INCOME		15,342	(534 )	14,808


NET MOVEMENT IN FUNDS		15,342	(534 )	14,808
RECONCILIATION OF FUNDS:
Total funds brought forward		957,647	2,581	960,228

TOTAL FUNDS CARRIED FORWARD	14	972,989	2,047	975,036

The notes on pages 9 to 13 form part of these financial statements.

Page 6

Page 7

Bungay Community Centre

Balance Sheet

As At 28 February 2026

Balance Sheet

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	10	865,429	-	865,429	897,425

		865,429	-	865,429	897,425
CURRENT ASSETS
Stocks	11	1,529	-	1,529	923
Debtors	12	1,022	-	1,022	469
Cash at bank and in hand		76,545	1,192	77,737	77,614

		79,096	1,192	80,288	79,006
Creditors: Amounts Falling Due Within One Year	13	(2,071 )	(1 )	(2,072 )	(1,395 )

NET CURRENT ASSETS (LIABILITIES)		77,025	1,191	78,216	77,611

TOTAL ASSETS LESS CURRENT LIABILITIES		942,454	1,191	943,645	975,036

NET ASSETS		942,454	1,191	943,645	975,036

FUNDS OF THE CHARITY
Restricted Funds				1,191	2,047
Unrestricted Funds				942,454	972,989

TOTAL FUNDS	14			943,645	975,036

Page 7

Page 8

Bungay Community Centre

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr J E Walker

Trustee

30/06/2026

The notes on pages 9 to 13 form part of these financial statements.

Page 8

Page 9

Bungay Community Centre

Notes to the Financial Statements

For The Year Ended 28 February 2026

Notes to the Financial Statements

1. General Information

Bungay Community Centre is a company limited by guarantee, incorporated in England & Wales, registered number 05015149 and registered charity number 1108051 . The registered office is .

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Incoming Resources

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 measure reliably.

2.3. Resources Expended

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 with the use of resources.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	In accordance with the property
Fixtures & Fittings	25% on reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Page 9

Page 10

Bungay Community Centre

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

	2026	2025
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	853	50,790

4. Investment Income

	2026	2025
	Unrestricted	Unrestricted
	funds	funds
	£	£
Bank interest receivable	2,723	1,486

5. Net Income/(Expenditure)

The net (expenditure)/income is stated after charging/(crediting):

	2026	2025
	£	£
Bad debts	-	24
Depreciation of tangible fixed assets - owned	36,576	34,563

6. Analysis of Expenditure

			2026
	Activities undertaken directly	Support costs (see note 7 )	Total
	£	£	£
Charitable activities	6,009	76,364	82,373

Page 10

Page 11

Bungay Community Centre

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

			2025
	Activities undertaken directly	Support costs (see note 7 )	Total
	£	£	£
Raising funds	-	(1 )	(1 )
Charitable activities	2,722	71,101	73,823

	2,722	71,100	73,822

7. Support Costs

	2026
	Charitable activities
	£
Premises expenses	13,805
General administration	25,983
Depreciation	36,576

	76,364

			2025
	Raising funds	Charitable activities	Total
	£	£	£
Premises expenses	-	22,525	22,525
General administration	(1)	14,013	14,012
Depreciation	-	34,563	34,563

	(1 )	71,101	71,100

8. Independent Examiner's Remuneration

	2026	2025
	£	£
Independent examination of the financial statements	1,080	720

9. Average Number of Employees

Average number of employees during the year was: NIL (2025: NIL)

Page 11

Page 12

Bungay Community Centre

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

10. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 March 2025	885,128	117,872	1,003,000
Additions	-	4,580	4,580

As at 28 February 2026	885,128	122,452	1,007,580

Depreciation
As at 1 March 2025	65,637	39,938	105,575
Provided during the period	16,390	20,186	36,576

As at 28 February 2026	82,027	60,124	142,151

Net Book Value
As at 28 February 2026	803,101	62,328	865,429

As at 1 March 2025	819,491	77,934	897,425

11. Stocks

	2026	2025
	£	£
Stock	1,529	923

12. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,022	469

13. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,172	675
Accruals and deferred income	900	720

	2,072	1,395

Page 12

Page 13

Bungay Community Centre

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

14. Movement in Funds

	As at 1 March 2025	Income	Expenditure	As at 28 February 2026
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	972,989	50,982	(81,517 )	942,454
Restricted funds
Restricted	2,047	-	(856 )	1,191


Total funds	975,036	50,982	(82,373 )	943,645

	As at 1 March 2024	Income	Expenditure	As at 28 February 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	957,647	88,630	(73,288 )	972,989
Restricted funds
Restricted	2,581	-	(534 )	2,047


Total funds	960,228	88,630	(73,822 )	975,036

15. Transactions with Trustees

No trustee expenses have been incurred.

16. Related Party Disclosures

17. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 13

Page 14

Bungay Community Centre

Detailed Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 28 February 2026

Detailed Statement of Financial Activities (including Income and Expenditure Account)

	2026	2025
	Total funds	Total funds
	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies

Donations and gifts	853	50,790

	853	50,790

Charitable Activities:
Charitable activities
Hirings	35,497	32,295
Bar and food sales	11,710	4,059
Gardening	199	-

	47,406	36,354
Investments

Bank interest receivable	2,723	1,486

	2,723	1,486


	50,982	88,630
EXPENDITURE ON:
Raising funds
General expenses	-	1

	-	1
Charitable Activities:
Charitable activities
Opening stock and work in progress	(923)	(289)
Bar and hospitality costs	(6,615)	(3,356)
Closing stock and work in progress	1,529	923
Rent	(2,028)	(710)
Light and heat	(1,189)	(6,253)
Waste and cleaning	(728)	(4,140)
Caretaking	(9,860)	(10,970)
Other premises costs	-	(452)
Hire of equipment	(547)	(43)
Repairs, renewals and maintenance	(5,495)	(7,055)
Insurance	-	(1,949)
Printing, postage and stationery	(741)	(677)
Advertising and marketing costs	-	(438)
Independent examiner's fees	(1,080)	(720)

...CONTINUED

Page 14

Page 15

Bungay Community Centre

Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued)

For The Year Ended 28 February 2026

NET (EXPENDITURE)/INCOME	(31,391)	14,808
Professional fees	(1,170)	(1,401)
Subscriptions and licences	(597)	(920)
Admin labour	(13,100)	-
Bad debts written off	-	(24)
General expenses	(3,253)	(786)
Depreciation of fixtures and fittings	(20,186)	(17,839)
Depreciation of freehold land and property	(16,390)	(16,724)

	(82,373)	(73,823)

	(82,373)	(73,822)

Page 15