Company re8islration numiw. 2645285 Charity registration numiw. 1010742 Winchcombe Day Care Foundation (A mpally limilcd by guaran1¢¢) Annuol Report and Finan¢ial Statcm¢4bts for th¢ Y¢4r EndEd 31 MaTth 2025
Wineh¢ombe Day Care Foundation Contents Refw¢rKe ond Adminithtive Details Truste& Ryrt 2104 Siatemenl of R¢sponsibilitieJ Aecountants, Re ststeMl of Financial Activities Balance Sheet Noies th the Financlal Slaiema)is 91016
Wincheombe Day Care Foundation Reference aDd Admillistrallve Details Yrllste¢s J G Onions ABTM M Shott R Hancock MEJPaish D Allen N Cons(antine Cbarlty Registration Nllmber 1010742 Compally Reglstration Number 2645285 Th¢ tharlty ts IDCO4X)rated in En8land ond Wale& Lan8l¢y Close vrll)chcomb¢ Glou¢¢#ershi GL54 5QN Reglstsred Offic¢ Pa8e I
Wineheombe Day Care Foundation Trustees. Report The trusiees. who are directors for the pJrp)scs of company law, present th¢ annual report together with the financial slatemts and auditors, rewrt of th¢ charitable company for the year ended 31 Mgrth 2025. Struetsre governauet and mDag¢wDt OrganlsallonAlstrM¢thre The Foundation's PUrN) and Public Benefit The Winchcombe Day Care Foundation h•5 rontsnued to meet its OTiginal namely to provide relief for those that are socially¥isoIad, or living ivith a Condition sh as Dcmentia or ParkinsoTh'4 thai have been refeffed ¢iih¢r by the local medical or social servic¢& but mainly by x1f-ref¢1. Numters attending h&ve varied. Their avernge ase is 85 years and a% is usual a number have either passed away or movd ¢0 nursing homes over the year. The Foundation (on the advice of their lICItorS) has arncn( th¢ M¢m0dum of AssocÉation ts) slighily widen the Main Obje£ts Clause enable nKbr¢ s¢rYi¢¢s to b¢ offu¢d if required. During the year Elizabeth Barnes has resi8n¢d os aTnts 45 from the 24th November 21Y24. Working Prnctsces und slTin The Centre conforn the requirurnents of the Health gnd Safety Ad ond to th8t ¢nd we ar¢ happy to r¢FQrt that Iher¢ ivere re&b]e accidents during the year. Workin8 practices for the P10Ye¢S meet the stslu¢ory r¢quirements of the day. Employees attend Courses to keep them up to dole with appropriat¢ practiixs. There has been a recovery from the Covid Period and m¢¥nLws' nwnb¢rs h8v¢ Ita$¢d ov¢r th¢ la year. Thi5 ha5 had an impa on the financial rf0mlanCe. Th¢ Centre is to all residryjts in w1ndmbe and th¢ surrolTh8 arvs who m¢4 th¢ for 1th it wos founded. The curmt mano8er has been in place since Juty 2022. She is an an experiencoj leader. who has many year5 of experience in the Lwe industy incIaln8 8dult catiOn. teachin8 and leading adivi¢ies. These skills have m8nif¢Aed in improved iyDrking WX%ices the Cents There have been some changes in staff and new staff hwe been given the apwopriate training. A new Office Adminislrntor has been appoinied and the opwrtunity h&% been lakett to overhaul the olTice procedures. with the inlroduction ofiighicr contro15 covering LyJmpur sysw GDPIL safe8uarding and peuy caslL The Centr¢ provides support r(Y mffllal awgM¢SS. As ai th¢ 31 March 2025 the FoUnon wloyed eighi stsff includin8 the Manager. P88e 2
Wfinehcombe Day Care Foundation Trustees. Report The Management Commitiee The Mgn8gement Commiltee (bein8 a sub committee of the TTUStces) has continued to provide vilal support for the stsff and m¢mbets and I w)uld p9rticularly like to thAnk it's Chairn)a Mr Geoff Onions for all his prdctical h¢lp on a wide range of issues. Our tTeasuTU Michael Paish h&s als provided excellent suPrt for all financial iueS and has been instrumentsI in providing re8uknr f1nanel tAfvi¢e parti0r1Y with rwrd ¢0 i0¢ l¢vel4 m¢mbuship chan8es and inv¢sthnt pli¢y. Although Mr Paish rdired as TT¢psurer he is remaining as a Trust¢¢ and will Aill have an oversi8ht on The new Treawrer, Satly Paish ¢on¢inues on th>np oyed irysis. The new oifi¢e Administrator Ilizabdh Barn hasioined the Mana8eme4rt Committe ObJee¢fv¢s Ind a¢tfvldes Objrt The Centre MembeTh have enjoyed a ran8e of activili¢s within the Ccntse so far as the sthff have been able to wovide them. These have induded ¢e8ul8r physical gnd mentally stimulatin8 activitie5 includin8 arts and crafts. readin8 and discussion groupk There have been two oulings w o Ial GoTd¢n c to Riding for th¢ Disable4 to the Willow Tntst and to the GWSR. It is noted that the lack of mobility orn¢ mLw3 is • wobl¢rn when arrangin8 outside acttviti Transp)rt The Trustee5 confirni thai all transport is th)w wovided by the Mcmi and th¢ir families and by outsid¢ agencies contracd by the memkn. Aehl¢v¢m¢Ats and perfonllaDce Flnllelal revlew The net incomin8 resourc¢s for the year arnountrd to £167.127 (2024- £112521). The year ende4J with a deficit of £4.630 (202 deficit of £7,199). This yegr's inVestmts made a revalU10n loss of £14J52, without this loss the deficit would have been a 8ain of £9.722. The balance of fi)d5 * lh¢ ¢nd of th¢ y¢ar wa5 £526.803 (2024- £531.433). The totsl of wd8es and pension payments ivas £lQ),202 (2024- £81.943). The financial Fosition orth¢ foundation ntinu¢S to imwov& ivith WitriltiOns in¢rasin8 by 27%. with the added i*)n8tions in th¢ year of £18,992. P88e 3
Win¢bcornbe DAY Care Foundation Trnstees. Report Pollcy OR r£ferves Reser¥es Policy The Council members have conlinued their w¥licy of maintaining r¢s¢ry¢s no¢ nl¢d or invested in tangible assets of twice our annual runnin8 (x)sts. In¢vi¢ably rising $ts have ptst sorne pressure upjn this w)licy bu¢ public dOnlOn4 charitable 8rants and fund r•isin8 hav¢ h¢lp¢d aikviate this problan. InvestsmPQI1ry andobjeclives Investment Policy The Council merni have LI)81dered the MOA apwoprial¢ pt>licy for investing the Foundaiion's funds and have found that speciali5ed Uttii Tntsts, deS1d for the dwity sedor. n¢1 Iheir requiwements ty genuak both income and gro. Risk review Th¢ Management Cornmsttee h&8 a risk review 11¢)., 1¢h in swnnw 15 as follows: Working practi% mxl the 5talutory requiretnents for the SeCr ar¢ ¢ngag¢d in and th¢r¢ hav¢ b¢¢n no r¢wrtgbl¢ Cid¢ts in th¢ pasi ycar. The financial r¢sourtts 0¢ Ix us¢d withwi the ¢xprws authority of Council mem Investsnents are in th¢ hands of fully r¢wi5ed fIngl81 o)mpxnies rkIng in the Charity sedor. Aw)uniing arrang¢m¢nts ar¢ in lin¢ with curMI prxlic Di¥clowrn of iJftrrwAlioll to audltoy Each truse has taken steps thal they ou8h¢ to have laken as g trustee in order moke themselve5 awure of any relevant audit informlOn and to establish that the charitys auditor is aware of that inforn110n. The trusiees there is no relevan¢ information that they k1¥ ofand of Mthich they know the auditor is unamw Swall eompanla provtsion sttemettt This rewirt has becn pr¢ed in aCrI)n with th¢ small wnpanies re8ime under the Compnnie5 Act 2006. Page 4
Wincbtombe Day Care FouDdation Statement of RespoDsibilities The truses ( are 0150 the directors of Winchcombe Day Car¢ Foundation for the purpjses of company law) are responsible for pr¢paring the tnJstee< rewrt and the finan¢ial ststem¢nts in a¢L¥)rdCe with applicable law and United Kin8dom Accounting Stsndards (Unitrd Kingdom G¢n¢rally Accemed Accounting Practice including FRS 102 The FinanciaI ReFL)rting Stsndard applicabl¢ in th¢ UK and Republic of Ireland.. Company law requires the trustees io prep#re fmanciol statetnents for eath financial )ew. Under ¢omwy law the truste¢s musl nol apwove the fitwncial sialfmenls unless they are 5ati5fied thal they give o Iru¢ and lair vi¢w of the state of affairs of the charitable LX)mp¥ny and of the incoming re3our¢e3 and application of resournrs. includin8 its inwme and expenditur¢ of the ch8ritabl¢ mPAnY for that period. In pseparin8 these financial slaiements. th¢ trusic are requireJJ kn: sde¢t suitable accountin8 p)licies and apply them consistently: obsetve the mdhods and principles in the Charities SORP: make jud8ements and estimoles are reuonable and slate wPKther applicable accounting sthnda. cfjrnpti5ing FRS 102 have been followed. subject to any moterial departures disclosed and explained in the financi41 statements: and ¢parc the finoncial statcments on the going c¥)ncLYn blsis unless ii is inapprti to presume thot the ch8ritsbl¢ eompany will continue in business. The trustees are resNinsible for keepin8 Proper a1n1¥n8 records th)t can diwlose with reosonable rn¢Y at any time the financial PK)siuon of the charitable company and enable them to ensure tha¢ the financial stalements mply with the Companies Acl 2(Ki6. They art also reswLsible for safeguarding the ets of the charithble pany and hence for taking reOnable Aeps for the prevention and delectioti of and other iThegularilics. Th¢ irvee$ are responsible for the maintenance and integrity of the corporate and fthanciai infonnation included on the Charitable company's Vbsite. Le8islation 8overnin8 the weparation and dissemination of rinancial stsments may differ from le8isl*ion in other jurisdidions. A B Thomas Trwsle¢ Pa8e 5
Chartered AceouDtants' Report to the Trustees on Ihe Preparation of the Unaudited Statutory Accounts of Ivinchcombe Dav Care Foundation for the Year Ended 31 imarch 2025 In order to assisi You to fulfil YOUF dulles under ihe Companie5 Act 2006: Iv¥ have prepared for >'our approval the accounts of Illinchcombe Dav CaT¢ foundaiion for Ihe )'ear endcd 31 Mar¢h 2025 ag set out on pages 7 10 16 from ihe compan! s a¢¢ouniing records and from inlorniaiion and explanations Nou hai'¢ giN'en us. As d praiiising rnLmber lirm of(he Ins1ilulL' ofchdrt¢red ALLuununts in Engld and raI¢S IICAEIV) i¥e ur¥ subjLL( lo its ¢ihiLJI Jnd oiher profLSsiunal rL'quircmLn¢s iYhi¢h delJileJ ai hiip'.l/i¥ii'w.iULlI.wmlen/ mLmbers/regulatiuns-s1andurd5--gUInltsl. Thi5 r¢port is made solel). io the board ofdir¢c¢ors of Winchcombe Day Care Foundaiion, as a bod)., in accordance ii'ith ihe tem)s of our engagim¢nt Ictt¢r. Our ivork has Ibeen undertaken solel), to prepare for )'our approyal ihL' linanLial sialeincn¢s (If ivinlhi0m Day Care Foundaiion and siaie Lhose mailers thai we hai'e agreLd lo slate to the board ol'direclors ot. Il'inLhcombe Da}, Care Foundaiion. as a d).. in thi.s report. in acc()rdance li ith ICAFII,. Technical Relea%¢ 07116 AAF. To ihe fulle.si exieni perniiited b!. laii., Ive do not accept or assum¢ responsibilili. lo anl'one oiher ihan Illinchcombe Da!, Care Foundation and its board of direclors as a Erf)dy for our ii'ork or for Ihis report. l( is vour duly to ensure ihai Winchcombe Day Care Foundalion has kcpt ad¢qualc accoui)ting rccords and io prepare 51aiutOT)' accoun¢s ihai &sji'e a Lrue and fair vie1¥ of ihe &sseLs, liabiliLiLS, financial p05ilion and or Ivinchcombe Da). Carc Foundaiion. You ¢onsid¢r thai Il'in¢hcombe Da} Care Foundation 15 exempt from the sthiutory audii requirement for the year. W¢ hJYe not instruLILd io Larr) out an audil or a rel.1¢ of thL aLLI)uii15 uf WinLh¢onibe i)ay Care FvunJation. Fur (hib reon. lie hai'e noi i'Lrifit4J ihe acLurac)' or Lompl¢len¢'ss of thc J¢¢uunlin¥ r¢cords ur rnfurmalivn explallonS )'ou have lo us do nol, th¢r¢for¢. ¢.Npre55 an) vpinion un ih¥ )LULUtor)' aicountS. Arubus Chanered AccounlanLs Date:... Page 6
WiDchcombe Day Care Foundation Statement of Ffinancial Activities for the Year Knded 31 March 2025 (Including Income and Expendltsre A¢¢ount and Statement of Total Recogllised Gains and IKwes) To¢*1 2025 ToiAI 2024 UDrestrltted Nole locome and Endowments from: Donaiions legaeies charlble activiues ID%'estment income 21,932 137,109 8.086 21,932 137,109 8.086 4,146 100,848 7.527 Totsl income 167.127 167.127 112,521 Expenditsre oll; Charitable activities 157.405 1151706 Total ¢xp¢nditur¢ Glinkn on investment &sseLS (157.405) (14J52 (157,4051 (14.352) (152.706) 32.986 Net expenditure (4.6301 N¢t movement in fimd5 (4.630) (4.630) (7,199) Total funds brought forwxrd Total funds carried fonwd 531.433 531.433 538.632 ij 526,803 526,803 531,433 All of thc charity's a1Vill¢S dcrtvc from ntinUIng OptIOnS durin8 the above ¢wo PLYiods. The funds breakdown for 2024 is shown in llo 13. lkne notes p4e5 9 10 16 forni an intewl pllrt ofthes¢ financial 5thtcments. Pag¢ 7
WinchcoDJbe Day Care Foundallon (Registration nllmber 2645285) Balance Sbeet as at 31 Mareh 2025 2024 Note Flx¢d ss¢ts Tangible as5¢ts Inv¢stsnMts 156241 371.776 160.875 370.060 528,017 530,935 Cumnt assets Debtors Cosh at bank and in hand io li 740 12249 9J14 12.989 9J14 Credltors: f4lJlng due vAthln ont year 12 14.203 (8,816) Net ¢urr¢Dt (ttblJitiesys5tts 11.214 498 Net Assets 526.803 531,433 Funds of the charlty: Unrostrlcted Income funds Unltrird funds 526.803 531.433 Tothl funds 13 526,803 53J.433 financial sthtemenLq on pages 7 to 16 were 4¥ffovwJ by Ik kni, and audK)ris¢d for issue on signed on their behalf ty: A B Thoma5 Trustee The noies on p4ey 9 to 16 fim inte8rn1 pail ofthese S*M¢nIs. P•8e 8
Win¢beombe Day Care Foundation Notes to the Flnancial Statements for Ihe Year Ended 31 March 2025 I Chxrlty s¢gtus The charity is limiled by guarantee, incorpornied in Fth81ond and Wal4 And consequently does not have share capital. Each of the Ine¢S is liabl¢ ts) contribute an amount nol exceeding £1 towds the assets of th¢ charity in ihe event of liquidation. The address of its rc8i5tered office is: Langley Close Winchwmbe Gloucestershire GL54 5QN 2 A¢counting pomeles sUM¥ry of5ignifKant aeeountlog polieie5 key eeo•nthig uilm4¢es The principal accountin8 li¢jeS applied in the wepaNion of th¢3¢ fin8n¢i415woDMts ar¢ set out beloiv. Thes¢ plicies have been consiswnity applied to all the yeats p¥esentr¢ unless oth¢rwis¢ 51a¢ Statement of ¢ompllats¢¢ The fin8nciMI s1¥Ments have be prepyred in accordmnce with Accounling and Rep)rting by Charities: Sthiemeni of ReMMended Praclice (appli¢able Charities prwin8 their accounts in accordonce with the Financial ReFQrting Standard applicable in the UK and Republic of Iand (FRS 102)) (issued in Ociob¢r 2019) - (Ch1(1¢5 SORP (FRS 102)). the Financial Rqling Stsndurd appli1¢ in the UK Republic of irdand (lllRS 102) and the compani Ad 2(KJ6. Basts of pr¢par4tlon Winchcombe Day Car¢ Fowidation meets the defthitKm of a public kncfit cntity und¢r FRS 102. A55ets and liabilities are iniually re0)lS¢d at histori1 5t or transaction value unless otherwise stated in the relevant 4eeOUThting policy no& Golthg eone4rn The trustees wnsid¢r that there are no moterial uncertainues about the Charitys ability to conlinue as a 80ing con¢em nor any si8nifie8nt areas ofuncertainty that affed the ¢aryin8 V8lue of 85sety held by the elwity. lllcome and All income is Tecognised once the dwity has entitlement to the incom4 it is probable that the income will be Te¢eived and the amount of the inconK ffeeivable can be measured reliabty. Donatlons ondlegqcl Donations are r¥BniSed M'hffl the charity has been notified in wrtting of both the amuuni and sdtlement date. In the eveni that a donation 15 subject to L¥)ndition3 that require a l¢vel of performNnr¢ by th¢ Chlty befor¢ th¢ charity is entitled to thE fimds. the InMe is d¢f¢rr¢d gnd no¢ r¢¢ognis¢d unlil eith¢r those ld1110$ ar¢ filY mel or the fulfilmen¢ of those ¢onditsons is wholly within th¢ o(th¢ dwity and il is pmbable that thex ¢ondilions will be fuifilltyl in th¢ r¢p)rting p¢riod. P•8e 9
Winebeombe Day Care FoundatSon Notes to the Financial Statements for the Year Ended 31 March 2025 Glfi dld Incomin8 r¢sources from tax rlaImS Incl in th¢ SIm[ ofFinoncial AL#ivities at the same lim¢ as the gift to they rel. Exp¢ndltur¢ All expendire is recogni5 once there is a le8 or Lrve obligation to exdi(Ure. it is probable settiemeni is required and the amount be Meas r¢liably. All costs are allocated to th¢ applicable expenditure headin8 that aggre8Ate similar costs to thal ¢8t¢gory. Where costs nn0t be dilY attributed to Particular headings they have been allocated on & l&sis l$1st¢nt with the use of resources, with central Ma(r costs allocated on the basis of time spenL and d¢pr¢ctation charges allocated on the wlion of the assa's use. Other support costs are allocated based on the spread of staff CDSts. Charliqble qdlvldes Ch4rithble expendiiure compTi5e5 those costs intyjrred by the dwiiy in the delivery ofits activilies and 5ervice5 for its beneficiaries. It includes both Costs that be allocgted dilY to such activities and those costs of an Govenban¢e ¢osts These include the costs attributhble lo the dwity's complian¢¢ with 0%¢110nd1 Slatuw r¢quiremenl4 including audi4 Strategic mana8emeni and trustees nKdings and r¢inJburs¢d expensu. Tax#tio Thc charity is Consid¢r w pasg the tests set ¢)ut in Para8raph I Sthedul¢ 6 of th¢ Fin8ncc Aet 2010 thcrcforc 1¢ mccts thc dcfinition of a d)aritsble o)mpany for UK ltion purpoxs. AeLdInglY chority 1$ potenÉi&lly &xemp¢ ftom tsxation in of income or Capithl gains received within cate8ories v¢rcd by Chapter 3 PArt i l orth¢ Corpor8tioD Tax Ad 2010 or Section 256 of thc TLxation of Char8eable Gains Act 1991 to the extcnt that such in¢omc or gains tre Applied ex¢lusivcJy to chari(Able purposes. Txllglble red #ssets Individud fixed ossets coAin8 £50.(Kl or nN)Te are iniiially reo)rded at o)sL D¢pre¢ia¢igfj and amortisation Deprccialion is provided on taThgiblc red 35seLs so 18 off the LX)St or valuation. less any estimated residufftl valtse. over their expethd useful economic life as follows: Asset elAss Lon8 L¢oxhold wopffty Fixwres & fittin8S Motor vehicle5 DeprectstloD method and rate 5% Strai8hi line 25% rethicing balance 2W• r•lucing b#Tr¢¢ PA8e 10
Wlncheombe Day Care Foundation Notes to the Financial Statements for tbe Year Ended 31 MAr¢h 2025 Flxed •sset iteStMents Fixed asset inv¢stm¢nts. othcr than progra relatcd invcslmA arc Includ at m8rk¢t valu¢ the balan¢¢ sheet date. tiealiscd 8ains and losse5 on investhnts arc laated gs th¢ diff¢r¢n¢¢ betw salcs proceeds and their market value al th¢ start of the year, or their subsequ1 cosL and arc ¢har8ed or ed11 to th¢ Statement ofFinancial Acuvilies in the period of disFosal. Unrealis¢d 88ins and losses represtht the movement in m4Tkrl Valu thiring the year and 4r¢ ¢redited or charg¢d to ihe Statemenl of Financial Activilies bas¢d on th¢ mgrk¢t value at the year en Cash and rasb equlv8lents Cgsh and c&sh CqUiVAlents (lpri$¢ cth on hand ond call dysits. and other short4erni highly liquid invesiments thai Ire readily ln¥¢rtIb1e to a kTh)wn omounl of cash and are subjecl lo an insignificanl risk or change in value. Fund structure Unrestricted InMe funds are 8¢n¢ral funds that 8Ye available for at the trustees discretion in fin1herance of the objectives of the charity. FIDan¢ial instrumeuts cla1Call0 Financial &ssets and financial liabilities are rw15 wh¢n th¢ charity becomes a wty to the contractual ovisions of the instrumenL Financial liabilities and equity instruty are cltssified according to the substance of the contractsMI arran8em¢nts ¢nier¢d inlo. An equity instnment is any contraLX that eyithces a residual interest in the assets of the charity after d¢du¢tin8 811 of its liabilities. Recogntslon dndntsofuremen¢ All financial &ssets and liabilities are initially measured ut transwon priee {including trttnsaetion eosrs), excepl for those financial Assets classified at fair value through prof)¢ or loss. whith initially measured at fair value (leh is nomtslly the transacuon wice excludin8 transalon costs). unless the orrgn8ement nstitut¢S o financing Iransoclion. 11 Jn amn8¢1 ¢onstitut¢s a financin8 trxrtsactio the financial ftsset or fmancial liability is mcasurcd at th¢ prcs¢nl v8lu¢ of th¢ futu poymcnts discounted at a market of interest for a similar debt insirum¢nL Financiat asscts and liabiliti orc ooly offxt in the of financial p)sition ivhen. and only Wh there exists a l¢gally Qnforabl¢ right to w off the recognised amounts and thc ¢harity intends either to settle on a nct knis, or lo r¢alis¢ th¢ 8ss¢t sthie the liability simultsrtms1Y. Finan¢ial asscts are dcrecognised and only a) thc ntraCtUAl ri8hts to thc cash tloms from the tinancial assct ¢xpir¢ or 4r¢ settle4 b) the charity transfers ¢0 anoth¢r pany subslantsally all of the risks and rewards of oivncrship of thc fJnan¢ial •5s¢4 or e) the eharity. despit¢ havin8 rctaincd some. but not all. signifun¢ risks and rewards ofomKYShi has tr¥nsf¢rrcd control of th¢ 855et to anothu pty. Financial liabiliues arc delS¢d only th¢ obl110Th spceified in the contr&t is dlscharge4 canccllcd Pagell
Winehcombe Day Care Fouudation Notes to the FlnaDeial Statements for the Year Ended 31 Marcb 2025 Investments in nononvertible preferen¢¢ shores and Dowtrable ordinary or preferLyKe slwE5 (where shares are publi¥ly trad¢d or their fair value is reliably measurnble) are Me4sw at fair value through profil or loss. Where fair volue cllnnot be measured r¢liably iDvestsnents are measur•J at W51 less impaitmeThL Investments in subsidiari¢5 WKI 85socia are Meas 8t cost less irryalml. For inves¢ments in subsidiaries acquired for wnsideration including the issue of shares qualifyiD8 for merger relief, s{ is measured by reference to the nominal value of th¢ shares iswed plus (air value of oth¢r ¢onsider8tlon. Any premium is i8nored. DerfvarfveJln•Yndal I1mIts The tharity uses derivltive financial insthuncnts to T¢duce ¢XErf)re to foreign exchan8e risk int¢rest rate movements. The charity does nol hold or issue der11ve finan¢ial iN%truments for speculative purposa. Derivatives are initially recogni5¢d at fair Trfalue at the date a derivaliv¢ contract is entered into and are subsequently remeasured to their fair value at each rwrtinE date. The r¢suhing gairn or loss is recognised in stst¢m¢nt or rinarKial activities immediately w)less the derivative is designated and ¢ff¢ttiv¢ as a hedging instrumenL in which event the timins of the recognition in thtem¢nt of financial arAiviti¢5 deFKnds on the nattsre of the hcdKe fflationship. F41r volue Th45rement The btst evidence of fair value is a quoted price for aTh identical 95set in an aL%ive maTk¢t. When quo¢¢d pric¢s are unavllilabl< the price of a recent transaction for an ideniical asset prnvides evidenc¢ of fair value as lon8 a5 there h&s been a si8nifiwii dwige in economic C1UnS or a significoni IAps¢ of tim¢ sin¢¢ the ansaction look pla¢¢. Ir the market 15 nol 4clbve and re¢eni ¢rans4¢1ions of on id¢ntico1 gs3d on their are no¢ a good estimate of flir value, the fair value is ¢stimated by using a valuation technique. 3 Ineome from douad•us and legatits Unrestrleted Totol funds GtherAI Donations and legaciu: Donations lu major appds Other income from donations and Ic8OCi 19.612 2.320 19,612 2.320 Totsl for 2025 21.932 21,932 Total for 2024 4.146 4.146 P4e 12
Win¢hcombe Day Care Foundation Notes to the Finan¢ial Statements for the Year Ended 31 March 2025 4 Net IncomlnrJout8olng rtsour¢ incominW(ooing) rUrCeS for the year include". 202S 2024 Deprecialion of red Sets 9.181 S Twll$tees reDuneratlon and expenses No Irujlees, nor Y petsons Wnneded with have Rceived any remweration fri)m the charity during the 6 Stsir¢osts The aBgre8ate PAymll sts as follow¥.' 2024 Staff costs durlng the yeariverr. Wa8es and salaries Other ststrc05ts 11)0202 lJ36 81,943 1.737 101538 83,680 The monthly erage number of persons {indu&inB senior maiiagancnt I l¢ader5hip team) employed by the Charity during the ye8r exprtsxd as full lime equivalents was &% follows: 2025 No 2024 N• thy Core C¢ntre No employ¢e rtteived emoluments of more than £60.0(KJ during year. Page 13
Winchcombe Day Care FouDdation Notes to the Financial Statements for tbe Year Ended 31 March 2025 7 Tsyation The charity 15 a re8isred dwity and 15 therefore from 18xalion. T4nglble fixed assets IsIld property Flxtures 2nd flitlllgs Tot#1 Cost Ai l April 2024 Additions 283219 96J76 4547 379595 4547 Ai 31 Marth 2025 283219 100.923 384.142 Depreel#tlon At l April 2024 Charge for the year 131.865 86.855 3.517 218,720 9.181 At 31 March 2025 137.529 90372 227.901 Net book value At 31 March 2025 145.6 10.551 156241 Al 31 2024 151J54 9,521 160,875 Included within the nd book vlllue ofiand knd buildings 8lx)¥e is £Nil (2024- £Nil) in respect offreehold land and buildings and £145.689 (2024- £151,353) in resp ofieaseholds. 9 asse¢ Investments 2015 2024 Other investments 371,776 370,060 Page 14
Wincheombe Day Care FoMnda15on Notes to tbe Financial Statements for the Year Ended 31 Mar¢b 2025 Other iDVatmettts Listed invtstmellts Unlisted ives¢mellts Tothl Cos¢ or Valuatlon Ai l April 2024 Revaluation Additions 362.941 (14J51) 7.118 370,059 (14,351) 16.0611 16.06¥ At 31 March 2025 348 9) 23.186 371.776 Net bmk value At 31 March 2025 348JsYI 23.186 371,776 Al 31 March 2024 362.941 7,118 370 059 10 Debtvn 2025 Other debtors 740 11 Cash and eqyfv•lents 2•2S 2024 Cash on hand Cash at bank 282 9.032 12.049 12249 9.314 11 Crediton: amounts fllthE due wlthln othe yr 202S 2024 Other taxation and s141 lty Accruals 2,933 11270 1.383 7,433 14203 8.816 P88e IS
Win¢h¢ombe Day Care Foundatlon Notes to the Financial Statements for the Year Ended 31 March 2025 13 Fun Balance At I Aprll Z024 In¢omlng resources Resourc¢¥ expended BolAnee at 31 M#rth 2025 Unrestri¢ted fpJd$ General 531,433 167,127 171.757) 52A803 Page 16
Winchcombe Day Care Foundation Deta51ed Statement of Flnanefial Activities for the Year Ended 31 Marcb 2025 Total 202S Total 2024 lll¢ome *Dd Endovrnitnts from: tnatIonS and legacies (analys¢d b¢low) Charitable activities (analysed below) Investment income (analys Ixlow) 21,932 137,109 8,086 4.146 I,848 7.527 Totsl inLY)me 167.127 112,521 Expendltsre on: Charitable 8Ctivities (anajysed below) (157,4051 152,706 Tolal expYDdiiurt ainlo$S¢S on invesimeni assets (analys below) (157.405) (14,352) (152,706) 32.986 Net expmdiiure Net movanenl in fvnd5 (4,630 (7.199) (4,630) (7.199) Reeon¢lllAUon •ffwids Total fill brought fonwd Total ¢affbed fmwd 531,433 538.632 526.803 531.433 This pAge docs not form Part ofthe filwla1 Stslemts. Pa8¢ 17
W5neh¢omb¢ Day Care Foundation Detalled Ststement of Financfial Activities for the Year Ended 31 March 2025 Total 2025 TotAI 2024 l)onollons and le84des tX)nations and coll(10n$ 19.612 1320 21.932 2,970 1,176 4.146 Chfjrliable adlwlles Membership payments Income rnis¢d from B¢Soc&al events 137.109 99,720 1.128 137.109 100,848 Investnll1 incon Income from lisied inv¢slm¢nts 7,527 8.086 7,527 This page (kns not forni part of the slatutory fu)8n¢ial swements. Page 18
WiDehcombe Day Care Follndgtion Detalled StatemeDI of Financial Actlvities for the Year Ended 31 March 2025 Tot•1 2025 Total 2024 Chdrllable 4c¢lvldes Wages and salaries Staff pensions Staff training Rates & w8¢er Lighi he& and PO•Arr (9854) (1.648) (lJ36) (652) (5.543) (1.858) (4,952) (952) {1259) (944) (80.534) (1.409) (1.737) (267) 15,192) (1,803) (7.134) (864) (1.019) {1.021} (750) {363) (1.375) (4,947) (15.670) (929) l270) (2.69)) Repair5 and m4inlenanL% T¢l¢phone Printin& posta8e and station Charitable donations Hire of plant and ma¢hintty (Operatin8 leases) Sundry expens Cl¢anin8 Enleinment & food Lijsts Advertising Besocial event costs Dancing for Parkinsons cosls Othcr adivity eosts Consultancy fees Accounthncy fees Legal smd profe55iond fees Bank ¢har8e5 Deprttiation (373) (1.563) (6.180) (11322) 494) (2,566) (2,855) {1,300) (553) (320) (9.181) (2,106) (ijoo) (12,032) (450) (8.8441 157.405 (152,7061 Gal1$ on imyslnxffj amets Revaluation of inveslmcnts 32.986 This pa8e (k)es forn part ofthe statOry flnancial statemen Page 19