Charity Co Hse copy


	Wickham Community Association
	(limited by guarantee)
	Trustees’ report
	for the year ended 31 January 2026


	The trustees, who are also directors of the charitable company for the purposes of the Companies Act 2006, present their report with the financial statements of the charitable company for the year ended 31 January 2026. The trustees have adopted the provisions of 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).

	Objectives and activities

	Objectives and aims
	Our aims are: - To promote the benefit of the inhabitants of Wickham and district, without discrimination, to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation, for the betterment of the people concerned. - To establish and maintain a Community Centre. - To promote any other charitable scheme in furtherance of the above aims. The objectives of the association are: - To enhance the lives of those who live, work and learn in the local area - To provide facilities that are affordable and accessible to the local community - To be a centre of excellence and a role model for Hampshire Community Associations - To make Wickham Community Centre a natural hub and meeting place for all Wickham organisations - To make Wickham Community Centre appealing to businesses, local people and clubs as a venue for meetings, events and activities - To achieve community cohesion by supporting activities that allow individuals of different backgrounds to share experiences - To be financially sustainable through good business practice and by attracting funding through sponsorship, grants and business revenue, which subsidises community events and activities. Wickham Community Association is committed to: - Being non-discriminatory with regard to sexual orientation, race or political, religious or other opinions. - Being sensitive to the needs of children, the elderly and vulnerable. - Working with Local Authorities, voluntary organisations and inhabitants in advancement of the objectives of the Association. - Providing a safe and good environment for the activities of the Association and any other users of Wickham Community Centre and grounds. Wickham Community Centre is home to Wickham Community Association and aspires to be the hub of the community for everyone in the Parish of Wickham and surrounding areas.

	Public benefit
	The Trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit.

	1


	Wickham Community Association
	(limited by guarantee)
	Trustees’ report - continued
	for the year ended 31 January 2026

	Objectives and activities - continued

	Community Benefit
	Community projects are funded with the help of grant awards from both public and private bodies. The Wickham Pantry and Community Fridge have continued to provide crucial support to up to 80 families and individuals each week; funded by a mix of government schemes, food waste reduction organisations, local donors, and individuals, the Pantry has helped a wide range of families, older residents and individuals facing financial hardship to stretch limited budgets and restore their financial independence. The Warm Room continued through the winter, and Social Suppers expanded, serving free hot meals – including dessert – to adults and children alike. The Community Garden Club has flourished and enables local people to benefit from building friendships, spending time outdoors, learning, growing, and forging partnerships with local schools and other community garden programmes. Social Prescribing remains a valued part of its programme and the club also played a part in Wickham in Bloom’s success in gaining in 2025 an RHS Gold award. The Wickham Men’s Shed and Repair Cafe has also grown this year; through the opportunity to meet, share practical skills and repair and restore items for local residents it helps to reduce loneliness and the loss of purpose that many older residents can experience. It also provides valuable support to the Centre’s building maintenance programme and hard landscaping projects as well as contributing to wider community activities. Pickleball has continued to be a popular activity, attracting participants of all ages and abilities. Thanks to awards from Winchester City Council, Hampshire County Council, and other funders, a range of events and projects took place in 2025/26, including seasonal celebrations and creative initiatives. The Meon Valley Food Bank, Homestart Hampshire, and the Winchester Citizen’s Advice Bureau Wickham Hub have all maintained a strong presence at the Centre. Our self-funded volunteer-led activities include the monthly Lunch Club for the over-55s and Wickham Flicks film screenings which have continued to draw regular attendees. Volunteers remain at the heart of delivering many of these initiatives, making recruitment and retention a strategic priority for the year ahead.

	Achievements and performance

	Charitable activities
	This report reflects the operation of the Association in 2025/26, a year of continued social and political uncertainty for the UK and across the world and a time during which new economic challenges have emerged for individuals, households and organisations of all sizes. Following two years of significant growth in the use of the Association’s facilities, the emphasis in 2025/26 has been on consolidating these gains while delivering to the community an affordable and accessible set of services and, at the same time, coping with an increase in the cost of operating the Centre. This has inevitably entailed on occasion having to carefully balance the sometimes competing needs of our various stakeholder groups. The number and range of activities carried out at the Centre by private individuals and groups, societies, businesses and public organisations, together with the extensive community benefit programmes, have continued to grow and diversify. The Centre remains committed to benefit the population of Wickham and the wider area without distinction, and it continues to attract many new users. Further details are given under Community Benefit above.


	2


	Wickham Community Association
	(limited by guarantee)
	Trustees’ report - continued
	for the year ended 31 January 2026

	Achievements and performance - continued


	Building maintenance has remained a priority. Capital funding support has enabled the Association to undertake several major projects this year. The Main Hall floor renovation was completed and continues to be the most popular room at the Community Centre. The 40 years old flooring has been replaced in a number of rooms throughout the building including the stairways, the foyer, Houghton room, Meon room, Wickham room, Victory room and the walkways. The staff are delighted with the improvement to their working environment brought about by the refurbishment of the office space. Conclusion The Association continues to deliver an ambitious programme in challenging economic conditions. Priorities for the coming year remain clear: securing funding for capital projects, ensuring operational sustainability, and supporting our people, including volunteers, Trustees, and Centre users.

	Financial review

	Financial position
	In the year under review the charity made a surplus of £35,170 (2025 £58,197) which increased reserves. The charity now holds reserves of £778,333 (2025 £743,163) which include free reserves (excluding fixed assets used for charitable purposes and restricted funds) of £83,956 (2025 £110,541).

	Reserves policy
	The Association’s reserve policy is to hold sufficient liquid unrestricted reserves to enable it to: - Withstand unforeseen financial setback. - Cover staff redundancy and other closure costs should the Association have to close the centre. - To provide working capital where funding is paid in arrears. - To take advantage of opportunities which the trustees consider will benefit the charity and the community it serves. The reserves policy is reviewed annually. In the most recent review in October 2025 the Association’s reserve was increased to £80,000. It will next be reviewed in October 2026.

	Sources of Income
	Centre hire booking remains our most important internal source of income. Even though the association continued to improve its occupancy, the associated revenue fell very slightly by 1% reflecting the need for our room hire charges to be both affordable and competitive in a difficult economic environment for many of our users. This small decline was balanced by enhancing our offerings in other areas such as events and catering with the result that our internally generated revenue remained flat in total versus the previous year. The Centre is unable to provide its varied community services and projects and maintain its extensive premises on internally generated income. During the year under review, the Association secured funding awards for a wide range of community benefit programmes and initiatives and for key building maintenance projects which would otherwise be unaffordable. The funding awards received in 2025/26 enabled the Association to achieve an overall surplus during a time when, in common with many organisations, its running costs have increased, particularly in the areas of staffing and utilities. Trustees and staff remain fully committed to maximising grant applications, donations, and other funding opportunities, while continuing to grow internal revenue and exercising close control of operating cost.

	3


	Wickham Community Association
	(limited by guarantee)
	Trustees’ report - continued
	for the year ended 31 January 2026

	Financial review - continued

	Principal risks and uncertainties
	Uncertainties The principle uncertainties that the Association is subject to are:- 1. Economic environment, which may affect (a) the level of and revenue from the commercial use of the Centre by community groups, clubs and businesses, and (b) the ability of individuals, local businesses and other organisations to offer donations and grants with which the Association is able to enhance and develop its community benefit programmes. 2. Central and Local Government policy, which may impact upon the availability of the grant funding which enables the Association (a) to undertake projects and programmes to the benefit of the local community, and (b) to maintain its premises to a satisfactory level. 3. The legislative environment which continues to impose increasing financial and compliance-related demands upon all organisations, both large and small. 4. The global political environment, which may affect in particular the Association’s cost of energy. Risks Key risks facing the Association include:- 1. The ability of the Association to retain the experienced staff who manage and run the Association and its Community Centre. 2. The availability of volunteers to support both grant- and self-funded projects and activities. 3. The Association’s continuing capability to maintain and enhance its premises in a cost effective manner. 4. Reputational damage to, or loss of confidence in, the Association from for example (a) adverse media and social media publicity; (b) poor user or volunteer satisfaction; (c) fraud, error or harmful cyber incident; (d) failure to comply with relevant legislative and regulatory requirements.

	Structure, governance and management

	Governing document
	Wickham Community Association is a charitable company limited by guarantee. Its objects, powers and other constitutional matters are set out in its most recent Memorandum and Articles of Association, approved by the members on 17 July 2016, Its objects are to promote the benefits and improve the conditions of life for the inhabitants of Wickham and district by: - Provision of facilities in the interest of social welfare for recreation and leisure time activities; - Establishment, maintenance and management of a Centre for community activities. In the attainment of the above objects the charity shall be non-party in politics and non-sectarian in religion.

	Recruitment and appointment of new trustees
	Governance and management are enhanced when there is a multi-faceted Board of Trustees. There is no declared Board size but the preferred balance is 12 to 15 members. At the end of the financial year there were five members. Increasing trustee numbers remains an absolute priority and will be achieved through a variety of means including reaching out through social media channels. Elections are held annually having regard to the Charity Commission’s guidance CC30 "Finding New Trustees". Provision is made for co-option during the year.

	4


	Wickham Community Association
	(limited by guarantee)
	Trustees’ report - continued
	for the year ended 31 January 2026

	Structure, governance and management - continued

	Trustees and Management
	The Board of Trustees has continued to evolve during 2025/26, with recruitment efforts ongoing to ensure a broad and diverse range of skills and experiences. The nationwide challenge of attracting and retaining volunteers persists, with numbers still not fully recovered since the pandemic. Trustees are committed to ongoing efforts to strengthen both Trustee and volunteer numbers. Kat Short has continued as Chair throughout 2025/26, with Neale Turner serving as Treasurer since November 2023. Denise Searle is the secretary and Bob Barnett and Sarah Cook have also continued in their Trustee roles. Ben Warwick has stepped down as a Trustee this year, after joining the board in 2017. At the year-end, the Board comprised 5 Trustees. Monthly meetings have continued, alternating between in- person and online formats. We are recruiting for new volunteers and trustees to bring fresh perspectives and experience on the Board. The Board have registered the Community Centre land and building with the Land Registry, thanks to the support of Fred Crosskey. This is an important step to help secure larger community funding and it has taken many years to complete this process. Centre management remains under Kate English, supported by the Operations Manager, an Administration Assistant and three Caretakers. The caretaking team has seen some changes during the year which placed some strain on the Centre’s staffing resources during times of peak workload but we are pleased to report that the staffing team was fully resourced as of 31 January 2026.

	Reference and administrative details

	Company registration number
	04329669

	Charity registration number
	1090544

	Trustees
	The trustees shown below have held office during the period from 1 February 2025 to the date of this report.

	Mrs K Short
	Mr R Barnett
	Mr N Turner
	Ms S Cook
	Ms D Searle
	Mr B Warwick	(resigned 28 November 2025)

	Company secretary:
	Mrs K English


	5


	Independent examiner’s report to the trustees of Wickham Community Association


	I report on the accounts of Wickham Community Association (the “charitable company”) for the year ended 31 January 2026.

	Responsibilities and basis of report
	As trustees of the charitable 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 charitable 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 charitable company’s accounts carried out under section 145 of the Charities Act 2011 (“the 2011 Act”) and in carrying out my examination, I have followed all applicable Directions given by the Charity Commission under 145(5)(b) of the 2011 Act.

	Independent examiner's statement
	I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
	1. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or
	2. the accounts do not accord with those records; or
	3. 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
	4. 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.

	Hilary Julian BA FCA DChA
	47 Kensington Road
	Chichester
	West Sussex
	PO19 7XS
	United Kingdom

	Date:	5 October 2026

	7


Wickham Community Association
(limited by guarantee)
Statement of financial activities
for the year ended 31 January 2026

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Note	£	£	£	£
Income from:
Donations and legacies	3	5,680	137,671	143,351	153,010
Charitable activities	4	216,709	-	216,709	212,606
Other trading activities	5	15,917	-	15,917	15,315
Investments	6	931	-	931	1,143
Total		239,237	137,671	376,908	382,074

Expenditure on:
Raising funds	7	(7,954)	-	(7,954)	(5,208)
Charitable activities	8	(278,781)	(55,003)	(333,784)	(318,669)
Total		(286,735)	(55,003)	(341,738)	(323,877)

Net income		(47,498)	82,668	35,170	58,197

Transfers between funds	20	79,856	(79,856)	-	-

Net movement in funds		32,358	2,812	35,170	58,197

Reconciliation of funds:
Total funds brought forward		686,765	56,398	743,163	684,966

Total funds carried forward		719,123	59,210	778,333	743,163


8


Company registration number:						04329669
Wickham Community Association
(limited by guarantee)
Balance sheet
as at 31 January 2026

		2026		2025
	Note	£	£	£	£
Fixed assets
Tangible assets	15	635,167		576,224
			635,167		576,224
Current assets
Stocks	16	2,728		950
Debtors	17	59,324		56,624
Cash at bank and in hand	18	105,769		132,479
			[IX_ITEM_PLACEHOLDER112_OPEN_TAG_CurrentAssetsCY]167,821[IX_ITEM_PLACEHOLDER112_CLOSE_TAG_CurrentAssetsCY]		190,053
Creditors: amounts falling due within one year	19		(24,655)		(23,114)
Net current assets			143,166		166,939
NET ASSETS			778,333		743,163

The funds of the charity:
Unrestricted funds			719,123		686,765
Restricted funds			59,210		56,398
TOTAL FUNDS	20		778,333		743,163


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

9


	Wickham Community Association
	(limited by guarantee)
	Notes to the financial statements
	for the year ended 31 January 2026


	1	Statutory information

		Wickham Community Association is a charitable company registered in England and Wales. Its company registration number is 04329669 and its charity registration number is 1090544. The charitable company is limited by guarantee. Its registered office is Mill Lane, Wickham, Hampshire, PO17 5AL.

	2	Accounting policies

		Basis of preparing the financial statements
		These financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)’, the Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

		Going concern
		In preparing these financial statements, the trustees have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the charitable company’s ability to continue as a going concern. In making this assessment, the trustees take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

		The trustees consider that the charitable company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

		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. Income from room hire, events and activities is recognised in the accounting period in which the relevant activity occurs and is deferred to the extent to which it relates to activities which will take place in future accounting periods. Income from grants is recognised when the charity has received written confirmation of the offer of funding or when any conditions relating to the grant have been met. Income from donations is recognised when it is received.

		Expenditure
		Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charitable company 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.

	11


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026
2	Accounting policies - continued

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Land and buildings:
	Freehold property	-	2% straight line
	Plant and machinery etc.:
	Plant and machinery	-	20% reducing balance
	Fixtures & fittings	-	33% straight line

	Stocks
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

	Taxation
	The charity is exempt from corporation tax on its charitable activities.

	Fund accounting
	Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

	Restricted funds can only be used for particular restricted purposes within the objects of the charitable company. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

	Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

	Retirement benefits
	The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company’s pension scheme are charged to the Statement of financial activities in the period to which they relate.

	Debtors and creditors due within one year
	Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

12


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

3	Income from donations and legacies

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Donations	5,680	3,162	8,842	9,798
	Grants	-	134,509	134,509	143,212
		5,680	137,671	143,351	153,010

	An analysis of grants received included as income from donations and legacies is as follows:

				2026	2025
				£	£
	National Garden Scheme			-	2,225
	Neighbourly Community Fund			1,750	730
	Hubbub Foundation			-	6,904
	Southwick Revival			-	3,200
	One Stop Community Support			-	500
	Southern Gas Network PowerHub			3,490	19,474
	Utilita			-	3,000
	Sovereign Network Group Action Fund			4,000	3,000
	James Cowper Kreston Foundation			-	4,971
	Hampshire and Isle of Wight Community Fund			-	4,260
	Groundwork UK			40,534	25,000
	Hampshire County Council			47,246	34,159
	Winchester City Council			31,589	33,789
	Wickham Beer Festival			1,000	2,000
	Wickham and Knowle Parish Council			3,100	-
	Other grants			1,800	-
				134,509	143,212


4	Income from charitable activities

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Other income from charitable activities	17,424	-	17,424	11,787
	Community pantry	20,707	-	20,707	19,183
	Room hire and related services	178,578	-	178,578	181,636
		216,709	-	216,709	212,606


13


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

4	Income from charitable activities - continued

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Room hire	160,756	-	160,756	166,181
	Monday lunch club	2,307	-	2,307	547
	Other income	17,424	-	17,424	11,787
	Rental	13,542	-	13,542	13,479
	Wickham Flicks	1,973	-	1,973	1,429
	Pantry contributions	20,707	-	20,707	19,183
		216,709	-	216,709	212,606


5	Income from other trading activities

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Function services	15,917	-	15,917	9,527
	Solar panels	-	-	-	5,788
		15,917	-	15,917	15,315


6	Investment income

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Interest receivable and similar income	931	-	931	1,143


7	Expenditure on raising funds

	Other trading activities
				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Other costs	7,954	-	7,954	5,208


14


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

8	Expenditure on charitable activities

	Analysis by type of fund
				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Administration costs	154,903	-	154,903	135,328
	Establishment costs	82,770	2,591	85,361	89,220
	Support costs	15,409	-	15,409	10,087
	Community garden	-	3,726	3,726	2,817
	Community pantry	20,707	30,002	50,709	44,666
	Community fridge	-	1,530	1,530	3,600
	Community support	-	17,154	17,154	29,173
	Room hire and related services	4,992	-	4,992	3,778
		278,781	55,003	333,784	318,669

	Analysis by type of expenditure
				2026	2025
		Direct costs (see note 9)	Support costs (see note 10)	Total	Total
		£	£	£	£
	Administration costs	-	154,903	154,903	135,328
	Establishment costs	-	85,361	85,361	89,220
	Support costs	-	15,409	15,409	10,087
	Community garden	3,726	-	3,726	2,817
	Community pantry	50,709	-	50,709	44,666
	Community fridge	1,530	-	1,530	3,600
	Community support	17,154	-	17,154	29,173
	Room hire and related services	4,992	-	4,992	3,778
		78,111	255,673	333,784	318,669


9	Direct costs

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
		£	£	£	£
	Other costs	25,699	52,412	78,111	84,034


15


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

10	Support costs

	Support costs, grouped by function, are apportioned to activities as follows:
				2026	2025
		Managem’t	Governance costs	Total	Total
		£	£	£	£
	Administration costs	154,903	-	154,903	135,328
	Establishment costs	85,361	-	85,361	89,220
	Support costs	5,959	9,450	15,409	10,087
		246,223	9,450	255,673	234,635

	Support costs, grouped by function, are analysed as follows:
				2026	2025
		Managem’t	Governance costs	Total	Total
		£	£	£	£
	Trustees’ expenses	19	-	19	325
	Staff costs	137,418	-	137,418	123,963
	Other costs	78,362	9,450	87,812	84,700
	Depreciation of fixed assets	30,093	-	30,093	24,604
	Loss on sale of fixed assets	331	-	331	1,043
		246,223	9,450	255,673	234,635


11	Independent examiner’s remuneration

				2026	2025
				£	£
	Fees paid to the charitable company’s independent examiner for:
	Independent examination of the charitable company’s annual accounts			1,500	1,850


12	Trustees’ remuneration and expenses

	The trustees did not receive any remuneration or other benefits in either year.

	Trustees’ expenses

				2026	2025
				£	£
	Trustees' expenses			19	325


16


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

13	Employees

			2026	2025
			£	£
	Wages and salaries		130,987	118,296
	Social security costs		3,868	3,919
	Contributions to defined contribution pension scheme		2,563	1,748
			137,418	123,963

	During the year the average number of employees was as follows:

			2026	2025
	Community Centre staff		6	6

	No employees received emoluments exceeding £60,000 in either year.


	Key management personnel

	The key management personnel of the charity comprise the Centre Manager and Operations Manager. The total employee benefits of the key management personnel of the charity were £69,164 (2025 £70,633).

14	Comparatives for the Statement of financial activities

		Unrestricted funds	Restricted funds	Total funds
		£	£	£
	Income from:
	Donations and legacies	5,390	147,620	153,010
	Charitable activities	212,606	-	212,606
	Other trading activities	15,315	-	15,315
	Investments	1,143	-	1,143
	Total	234,454	147,620	382,074

	Expenditure on:
	Raising funds	(5,208)	-	(5,208)
	Charitable activities	(254,955)	(63,714)	(318,669)
	Total	(260,163)	(63,714)	(323,877)


17


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

14	Comparatives for the Statement of financial activities - continued

			Unrestricted funds	Restricted funds	Total funds
			£	£	£
	Net income		(25,709)	83,906	58,197

	Transfers between funds		57,586	(57,586)	-

	Net movement in funds		31,877	26,320	58,197

	Reconciliation of funds:
	Total funds brought forward		654,888	30,078	684,966

	Total funds carried forward		686,765	56,398	743,163


15	Tangible fixed assets

		Freehold property	Plant and machinery	Fixtures & fittings	Total
		£	£	£	£
	Cost
	At 1 February 2025	[IX_ITEM_PLACEHOLDER456_OPEN_TAG_FreeholdPropCostBfwdCY]744,667[IX_ITEM_PLACEHOLDER456_CLOSE_TAG_FreeholdPropCostBfwdCY]	[IX_ITEM_PLACEHOLDER457_OPEN_TAG_PlantMachCostBfwdCY]65,490[IX_ITEM_PLACEHOLDER457_CLOSE_TAG_PlantMachCostBfwdCY]	42,163	852,320
	Additions	34,312	48,343	6,712	89,367
	Disposals	-	(2,007)	-	(2,007)
	At 31 January 2026	778,979	111,826	48,875	939,680

	Depreciation
	At 1 February 2025	226,000	21,817	28,279	276,096
	Charge for year	14,032	8,416	7,645	30,093
	Eliminated on disposal	-	(1,676)	-	(1,676)
	At 31 January 2026	240,032	28,557	35,924	304,513

	Net book value
	At 31 January 2026	538,947	83,269	12,951	635,167

	At 31 January 2025	518,667	43,673	13,884	576,224


	Freehold property includes £50,000 in respect of the land, which is not depreciated.

18


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

16	Stocks

					2026	2025
					£	£
	Raw materials and consumables				2,728	950


17	Debtors

					2026	2025
					£	£
	Trade debtors				38,774	44,558
	Prepayments and accrued income				20,550	12,066
					59,324	56,624


18	Cash at bank and in hand

					2026	2025
					£	£
	Other bank accounts				105,769	132,479


19	Creditors: amounts falling due within one year

					2026	2025
					£	£
	Trade creditors				3,811	2,184
	Other creditors				7,295	7,704
	Social security and other tax				2,957	2,260
	Accruals and deferred income				10,592	10,966
					24,655	23,114


20	Movement in funds

		At 1 February 2025	Income	Expenditure	Other movements	At 31 January 2026
		£	£	£	£	£
	Unrestricted funds
	General fund	686,765	239,237	(286,735)	79,856	719,123


19


	Wickham Community Association
	(limited by guarantee)
	Notes to the financial statements - continued
	for the year ended 31 January 2026

	20	Movement in funds - continued

		The Community Garden fund consists of grants and donations received towards the cost of establishing and maintaining a community garden at the Centre. The Community Pantry fund consists of grants and donations towards the cost of a scheme to provide support to people who are struggling to afford food and other essentials. The Community Fridge fund consists of grants to support the cost of a scheme where surplus food is made available to people who can make use of it. The Ukrainian Support & Stay and Play fund consists of a split grant to the two projects intended to support the community. The Dire Need fund consists of additional funds from Hampshire County Council to support users of the community pantry who are in particular difficulty. The Social Suppers fund consists of grants to support the provision of meals as part of the Warm Hub initiative. The Creative Feast and Other Events fund consists of grants towards the cost of hosting special events at the Centre. The Energy Efficiency fund consists of a grant towards further work to improve the energy efficiency of the Centre. The Hall Improvement fund and Foyer Renovations fund consist of grants received towards the cost of refurbishing those areas of the Centre. The Sensory Room fund consists of a grant towards setting up a sensory room at the Centre. The Solar Panels fund consists of a grant towards replacing the solar panels at the Centre. Further funds are expected to be received during the year ending 31 January 2026. The Power Hub fund consists of grants towards providing additional community support services at the Centre. The Men’s Shed and Repair Café fund consist of grants and donations to support those activities at the Centre. The Social Pickleball fund consists of funding to enable people who need some support or are less physically able to take part in Pickleball. The Centre Improvements fund consists of grants towards improving the facilities offered at the Centre.

	20


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

20	Movement in funds - continued

		At 1 February 2025	Income	Expenditure	Other movements	At 31 January 2026
		£	£	£	£	£
	Restricted funds
	Community Garden Fund	6,771	1,655	(3,726)	-	4,700
	Community Pantry Fund	15,808	37,194	(29,605)	-	23,397
	Community Fridge Fund	3,861	-	(1,530)	-	2,331
	Ukraine Support and Stay and Play Fund	2,370	-	-	-	2,370
	Community Pantry Dire Need Fund	3,192	-	(397)	-	2,795
	Social Suppers Fund	7,040	14,547	(10,355)	-	11,232
	Creative Feast and Other Events Fund	254	-	-	-	254
	Energy Efficiency Fund	1,500	-	(567)	(933)	-
	Sensory Room Fund	3,853	-	(724)	-	3,129
	Solar Panels Fund	-	40,534	-	(40,534)	-
	Power Hub Fund	7,288	3,490	(3,395)	-	7,383
	Mens Shed and Repair Cafe Fund	2,216	562	(2,043)	-	735
	Social Pickleball Fund	2,245	-	(1,361)	-	884
	Centre Improvements Fund	-	39,689	(1,300)	(38,389)	-
		56,398	137,671	(55,003)	(79,856)	59,210

	Transfers between funds Transfers between funds are restricted funds which have been spent, in accordance with the relevant restriction, on fixed assets that are for general use in accordance with the charity’s objects. Such funds are treated as unrestricted, once expended, in accordance with the requirements of the Charities SORP.

		At 1 February 2025	Income	Expenditure	Other movements	At 31 January 2026
		£	£	£	£	£
	Total funds	743,163	376,908	(341,738)	-	778,333

	Other movements shown above are analysed as follows:
						Transfers
						£
	Unrestricted funds
	General fund					79,856


21


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

20	Movement in funds - continued

	Comparatives for movement in funds - continued

		At 1 February 2024	Income	Expenditure	Other movements	At 31 January 2025
		£	£	£	£	£
	Restricted funds
	Community Garden Fund	3,989	5,599	(2,817)	-	6,771
	Community Pantry Fund	13,803	26,876	(24,871)	-	15,808
	Community Fridge Fund	1,877	6,904	(3,600)	(1,320)	3,861
	Ukraine Support and Stay and Play Fund	2,370	-	-	-	2,370
	Community Pantry Dire Need Fund	3,804	-	(612)	-	3,192
	Social Suppers Fund	2,542	15,197	(10,699)	-	7,040
	Creative Feast and Other Events Fund	193	500	(439)	-	254
	Energy Efficiency Fund	1,500	-	-	-	1,500
	Hall Improvement Fund	-	21,303	(539)	(20,764)	-
	Foyer Improvement Fund	-	10,502	-	(10,502)	-
	Sensory Room Fund	-	4,971	(1,118)	-	3,853
	Solar Panels Fund	-	25,000	-	(25,000)	-
	Power Hub Fund	-	19,474	(12,186)	-	7,288
	Mens Shed and Repair Cafe Fund	-	6,050	(3,834)	-	2,216
	Social Pickleball Fund	-	4,260	(2,015)	-	2,245
	Long Room Renovations	-	984	(984)	-	-
		30,078	147,620	(63,714)	(57,586)	56,398

		At 1 February 2024	Income	Expenditure	Other movements	At 31 January 2025
		£	£	£	£	£
	Total funds	684,966	382,074	(323,877)	-	743,163

	Other movements shown above are analysed as follows:
						Transfers
						£
	Unrestricted funds
	General fund					57,586


23


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

20	Movement in funds - continued

				Transfers
				£
	Restricted funds
	Community Fridge Fund			(1,320)
	Hall Improvement Fund			(20,764)
	Foyer Improvement Fund			(10,502)
	Solar Panels Fund			(25,000)
				(57,586)

	Total funds			-


21	Analysis of net assets

	At 31 January 2026
		Unrestricted funds	Restricted funds	Total funds
		£	£	£
	Fixed assets
	Tangible fixed assets	635,167	-	635,167

	Current assets
	Stocks	2,728	-	2,728
	Debtors	59,324	-	59,324
	Cash at bank and in hand	46,559	59,210	105,769
		108,611	59,210	[IX_ITEM_PLACEHOLDER767_OPEN_TAG_CurrentAssetsCY]167,821[IX_ITEM_PLACEHOLDER767_CLOSE_TAG_CurrentAssetsCY]

	Creditors: amounts falling due within one year	(24,655)	-	(24,655)

	Net current assets	83,956	59,210	143,166

	Total assets less current liabilities	719,123	59,210	778,333

	Net assets	719,123	59,210	778,333


24


Wickham Community Association
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 January 2026

21	Analysis of net assets - continued

	At 31 January 2025
		Unrestricted funds	Restricted funds	Total funds
		£	£	£
	Fixed assets
	Tangible fixed assets	576,224	-	576,224

	Current assets
	Stocks	950	-	950
	Debtors	56,624	-	56,624
	Cash at bank and in hand	76,081	56,398	132,479
		133,655	56,398	190,053

	Creditors: amounts falling due within one year	(23,114)	-	(23,114)

	Net current assets	110,541	56,398	166,939

	Total assets less current liabilities	686,765	56,398	743,163

	Net assets	686,765	56,398	743,163


22	Related party transactions

	There were no related party transactions during the year or during the prior year.


25


	Company registration number:	04329669
	Charity registration number:	1090544

	Annual report and unaudited financial statements
	for the year ended 31 January 2026
	for
	Wickham Community Association
	(limited by guarantee)


	Wickham Community Association
	(limited by guarantee)
	Contents page
	for the year ended 31 January 2026

		Page
	Trustees' report	1
	Independent examiner’s report to the trustees of Wickham Community Association	7
	Statement of financial activities	8
	Balance sheet	9
	Notes to the financial statements	11