Carterton Community Centre

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06687249

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,527		27,111

			24,527		27,111
CURRENT ASSETS
Debtors	5	9,875		7,061
Cash at bank and in hand		150,479		144,684

		160,354		151,745
Creditors: Amounts Falling Due Within One Year	6	(6,695 )		(4,536 )

NET CURRENT ASSETS (LIABILITIES)			153,659		147,209

TOTAL ASSETS LESS CURRENT LIABILITIES			178,186		174,320

NET ASSETS			178,186		174,320

RESERVES
Fair value reserve	7		5,500		5,500
Income and Expenditure Account			172,686		168,820

MEMBERS' FUNDS			178,186		174,320

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Carterton Community Centre

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the 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 directors 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Ms Jill Bull

Director

02/02/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Carterton Community Centre is a private company, limited by guarantee, incorporated in England & Wales, registered number 06687249 . The registered office is Marigold Square, Shilton Park, Carterton, Oxfordshire, OX18 1AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Leasehold	10% Straight line
Plant & Machinery	25% Straight line
Art Works	Revaluation
Fixtures & Fittings	25% Straight line
Computer Equipment	25% Straight line

2.4. Government Grant

Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.

All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	7	7

	7	7

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Carterton Community Centre

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Art Works	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 November 2024	16,194	4,874	12,000	18,271
Additions	-	393	-	-

As at 31 October 2025	16,194	5,267	12,000	18,271

Depreciation
As at 1 November 2024	4,858	4,874	-	14,774
Provided during the period	1,620	98	-	1,166

As at 31 October 2025	6,478	4,972	-	15,940

Net Book Value
As at 31 October 2025	9,716	295	12,000	2,331

As at 1 November 2024	11,336	-	12,000	3,497


	Computer Equipment	Total
	£	£
Cost
As at 1 November 2024	903	52,242
Additions	-	393

As at 31 October 2025	903	52,635

Depreciation
As at 1 November 2024	625	25,131
Provided during the period	93	2,977

As at 31 October 2025	718	28,108

Net Book Value
As at 31 October 2025	185	24,527

As at 1 November 2024	278	27,111

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,447	4,230
Prepayments and accrued income	2,428	2,831

	9,875	7,061

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Carterton Community Centre

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,227	2,305
Other taxes and social security	629	574
Pension Control	222	-
Accruals and deferred income	3,617	1,657

	6,695	4,536

7. Reserves

	Fair value reserve	Income and Expenditure Account
	£	£
As at 1 November 2024	5,500	168,820
Profit for the year and total comprehensive income	-	3,866

As at 31 October 2025	5,500	172,686

8. 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.

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