Chanty rogistration number.. 1011839 Okehampton Community and Recreation Association Annual Report and Financial Statements for the Year Ended 30 September 2025 WESTCOTTS CXARYEIED ACCOUNTAIITS & BUIINESS ADV16EgS
Okohampton Communlty and Recreallon Assoclation Contsnts (continued) Reference and Administrative t)etsils Trustees, Repc*t 2to8 Independent Examineffs Report Statement of Financial Activities Balance Sheet Note8 lo the Financial Ststaments 10t020
Okehampton Community and Recreation Association Reference and Admlnlstrative Details Trustèes A Ewen S D G Vallance P T Davies JFBJaNIs DIGBrgtt R J Tolley Mr R Metherell (resigned 2 April 2025} R Corkell {appointed 27 November 2024) T Steer A Osman {appointed 2 Apnl 2025) Charlty Registration Number 1011839 Prlnclpal Office Pavilion in the Park Okehampton EX20 1GE Independent Examlner Robyn Gifford-England ACA Independent Examiner Weslcotts {SW) LLP Timberly South Stro81 Axminster Devon EX13 SAD Page 1
Okehampton Community and Recreation Association Trustees, Report Thè trustees present the annual report togelhw with the financial statements of Ihg charity for the year ended 30 September 2025. Objectives and activitlos Obj8ets and alms The main objects of the charity are.. to promote the benefit of the inhabitants of Okehampton parish and Hamlets and an area of benefit vering Wgst Devon, Mid Devon and Torridge District,. Ihgrginaftgr called 'lhe area of benefit'i, wrthout distinction of sex, sexual orientation, race or of political, religious or other opinic)ns, by associating together the said inhabtiants and the local aulhorilies, voluntary and other organisalions in a common effort lo advance education and provide facilities in the inlefesls of social welfare for Tecrealion and leisure-time 0upatIon with the object of improving the conditions of life for the said inhabitants. Objectives, strategies and acdvldes During the year the Charity's main activities wero., i) thè provision of a range of recational activities and facilities for children, youlh and advlls primarily Okehamplon, and parts of West Devon and Mid Devon., li} the management of the Pavilion in The Park in Okehamplon,. ond iiil continuing to facilitate closer links betsveen all sporting bodies, recreational groups, schools and local authorities in the development of funding, promotion and delivery of community r8creational actmties. Publlc benelit Inclusiveness sits at the heart of everything we do and can be seen in our programme which conlinualty widens to take in new opportuntties lo reach new groups. The trustees confimi that they have complied wth the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wale8. Achievements and p8rfornianc• Progress and achi•vomgnts The financial year brought more challenging conditions wf(h increases in wages, bills, the cost of INing crisis and a reduction in funding opportunitie8. Whilst this has h&1 an impact on the charitys perlorniance financially OCRA has continued to do what il does best, providing opportunities for the community. Pag& 2
Okehampton Community and Recreatlon Association Trustees, Report (Gontinued) The Pawlion in the Park has continued ils upward trend of ulilisation wth increased numbers attending established sessions such as the Okey Memory Café. Tai Chi and our Make and Move home educated sessions. With regular meetings being booked by partner8. The Pavilion Café continues to be a hub for the Ramblerf8 Wellbeing Walking groups, youth workers. support groups for Caier5, Stroke ¢0very and literacy as well as retaining more regulai customers. From thè outsel of the financial year our work in schools provided much needed support to the curriculum teams and variety for the children, with OCRA delivering curriculum. after school and school games sessions across Wesl Devon and Torridge districts. W(th this in mind Schools are really struggling lo leave their premises, so we've hatj lo alter our delivery models to incorpgrate virtual compelrtions and after school sessions albwing parents lo assist wth transport. We have also lost further of our curriculum delivery due the pressu$ on budgets within schools but we still achieved 11738 117401 in 23r24} individual attendances in the academic year aeross Ihe partnership. External hire of the facilities. particularly the All-weather pitch has flour6shed wth occupancy hitting high percentages 5 days out of 7. Grass pitch hire continues to improve as dogs our ulilisation of indoor spaces, This is tempered by looming prospect of the All-wealher Prtch requiring resurfacing worff. Okehampton United Charities have On again provided funding for the administration of the charity which continues to be vrtal in our development. We are continuing lo work towards Ihtir desired aim of reducing our reliance on their funding each year. OCRA'S partnership working has started lo increase with further links to the North Dartmoor Primary Care Network, Dartmoor Mulli Academy Trust. Devon CTickel Foundation, Ptymouth Argyle Community Trust and Devon FA being strengthened. Current agreements continue to work well with revisrons to the agreements wth Fusion Lrfestyle, Okehamplon College. and Okehampton and District Tennis Club being completed. OCRA provided the aclivth'es for the Devon County Council funded holiday activities and food IHAFI programme across the financial year with delivery taking place across the area of benefit for primary and secondary ages. Attendances lffnancial year)= 2425 70684 23-24 65512 22-23 59288 21-22 75028 Staff volunteèrs OCRA Trustees wish to recognise Ihg input and assistance of all staff and volunteers. They are indispensable in the successful provision of the objectives of the Charity and would like to express their thanks to all these people. Their continued support is essential in the continued Success of the Charity. Pavllion Caterlng The Pavilion Café has achieved our desired objective to produce a surplus, the partnership with Okehamplon Argyle has meant the deficit has redud. Hard work and tight controls continue lo be in place and focus for the nexl financial year wll continue lo place Importan on the day to day trade and a move to support more income from chaTilable events. Page 3
Okehampton Community and Recreation Association Trustees. Report {¢ontinued) Pavlllon Loungo The partnership wrth Okehampton Argyle Men's Senior Club for Ihfj use of the Pavilion Lounge has met with some difficulties. The current contribution agreement is not being mel by OAFC with oulstsnding monies owed tr)lalling £9032.39 al year end. Negotiation8 are on90ing for a payment plan and ways lo redu cgsts for both parties. Plans for future periods Our delivery is once again the brightest spark this financial year the re-establishmenl of indoor activities ha5 provided access 10 Social 8clivf(ies in Okehamplon, ils surrounding ar8a$ and wider via our partnership working. This includes social Football. Basketball and Badminton, pay and play hockey for men and women, plus Walking Netball and Football. OUT focus on holiday activity provision. school festivals, opportunities for partnership working and events in Simmons Park wll hopefully promde new opportunities to broaden OCRA'S visibilty and inclusion of different demographics. Events after year end and looking forward Strong perfornian and service has meant we hava attr8Cted new events for the financial year, which include (list not exhauslivel.. Simmons Park parkrun st George's Day Celebration Love to Move with Ptymouth Argyl8 Trust HAF Winter and 2025 programma Help for Heroes Fundraising Walk Several running evants Several Hockey Tournaments Pony Club Tetrathlon Fields in Trust Neon Run Aetive Devon event Flnanclal revlew Income Overall income for the year was £404,70912024'. £ 350,5491- This includes £51,193 in grants thich are an essential component of the finances of the Charity. Continued grant support provides measure of continuty and certainty in an otheise uncertain time for the finances of volunteer organisations. Expenditure Direct charitable expenditure for the yèar was £402,00512024.' £384,319}. Pollcy on reserves There are many uncertainties facing the Charity, so the trustees will keep the reserves policy under review. Current level of unreslrieted reserves sits al £53.900 12024.. £28,3961- Currgnl reserves equate to 4 months, worth of expenditure and is therefore bdow the policy. The trustees aim to achieve a Surplus lo build the reservo. Page 4
Okehampton Communlty and Recroation Assoclation Trustees, Report (continued) StTUCturg. go¥eman¢e and management Nature of governing document Constitution dated 8th May 1991 as amended 5th March 2001. and 22nd July 2015, 12th February 2020 and 27th April 2021. Membor8 of OCRA Membership is open lo clubs and organisalions within the area whether corporate or othese, which are voluntary or not for profrt and which support the objects of OCRA, Each member club or organisation appoints one individual person to represent il and vote on its behalf at general mèetings of OCRA. During the year there were appr0MatelY forty member clubs and organisations. 8oard of Trustees The Board of Trustees direct the strategy, policy and general management of the affairs of OCRA and meet not less than four times a year. The Board of Trustees is made up of., Four MembeT Trustees elected from the individual persons representing the member clubs and organisatsons Four Stakeholder Trustè8s nominated by Okehampton College, Okehampton Town Council, okehampton Hamlets Parish Council and Okehampton united Charity. - Up lo tsvo COaOPted Indepandent Trustees. Rocruitm8nt and appolntment of trustees OCRA'S board shall consist of". Up lo Four Trustees elected from the individual persons representing the member dubs and organisations at the Annual General Meeting each y&ar', These are nominated by the member clubs and appointed al Annual General meeting each year. Four Stakeholder Trustees one nominated by each of., Okehampton College. Okehamplon Town Council, Okehampton Hamlets Parish Council and Okehampton United Charity appointed at the Annual General meeting 8a¢h year., Up lo co-opted Independent Trustees wrth specrfK skills hlenlified by the Board of Truslges as being useftjl for the governan Of OCRA appointed al the Annual General meeting each year Trustees shall normally be appoinled for a p8riod of four years which may be followed by one further four year lemi onty. If vacancies occur among the members of Ihg Board of Trustees il shall havo power lo fill these on an interim basis to hold office until the next Annual Gen8ral Meeting. Induction and training of trustees Trustees are required lo read and sign the Charities Commission Trustee Declaration as part tsf their induction. Orgènffsational structure The day to day affairs of OCRA are managed by a M8nagem8nl Committee consisting of the four Member Trustees plus approprialg employees. Page 5
Okehampton Community and Recreation Association Truste8s' Report (continued) ststemont of Trustees, Responslbllitiès The Iruslees are responsible for preparing the trustees, report and the financial 8tatements in accordance with the Unrted Kingdom Accounting Standards {Uniled Kingdom Gener81ty Accepted Accounting Pradicel and applicable law and regulations. The law applicable to charities requires the trustee5 to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application ol reSoUrS of the charty for that period. In preparing these financial statements, the trustees are required lo.. select suitable accounting policies and then apply them con$istently', observe the methods and principles in the Charities SORP., makejudgemenls and estimates that are reasonablg and prudonl., slate whether applicable accounting standards have been followed. subject lo ary material departures disclosed and explained in the financial statements.. and prepare the financial statements on th& going concem basis unless it is inappropriate to presume that the charity will continue in business. The Iruslees aro responsible for keeping proper acwunling records that disclose wf(h reasonable accuracy 81 any time the financial position of the charity and enable them to ensure that the finaricial sl*ements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the prowsions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irragLJlarities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companls website. Legislation governing the preparation and dissemination of financial $lalements may drffer from legislation in other jurisdictions. The annual report was approved by the trustees of the charity on behalf by.. and signed on its P T Davies TTuslee J C.4.J J F B Jarvis Trustee Page 6
Okehampton Community and Recreation Assoclation Independent Examinerfs Report to the trustees of Okehampton Community and Reereation Assoclatlon I report to the trustees on my examination of the accounts of Okehampton Community and Recreation Association for the year ended 30 September 2025. Responsibilities and ba$15 of report As the charity trustees of Okehamplon Community and Recreation Assooiation you are responsible for the preparation of the accounts in accordance with the requirements of the Charf£ies Act 2011 I'the Acfl. I report in re8pect of my examination of the Okehampton Community and Recreation Association's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5llbl of the Act. Indèpendent examlner's statgmant Since Okehampton Communty and Recreation Association's gross income exceeded £250,OIK) your xaminer musl be a member of a body listed in section 14S of the 2011 Acl. I confimi that l am qualffied to undertake the examination because l am a member of ICAEW, whh 15 one of the listed bodies. I have completed my examination. I confim) that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. 1. accounting records were not kept in respect of Okehampton Communrty and Recreation Association as required by section 130 of the Act., or 2. the accounts do not accord wrth those records,. or 3. the accounts do not comply with the accounting requirements conceming the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gwe a 'lrue and fair view, which is not a matter considered as part of an independent examination. I have no wncerns and have come across no other matters in connectK)n with the examination lo which attention should be drawn in this report in order to enable a PToper understanding of the accounts to be reached. Robyn Gifford-England ACA Independent Examiner Wesl¢otts (SWI LLP Timberfy South Street Axminsler Devon EX13 SAD Date.. 16.los 1.1 Page 7
Okehampton Community and Recreation Association Statement of Financial Activities for the Year Ended 30 September 2025 Unrestricted funds Restrlcted funds Total 2025 Total 2024 Note Incomg and Endowments from: Donationg and legacies Charitable activities Investment income 17,026 350,$44 687 36,4S2 53,478 350,544 687 34,298 315,771 480 Total income 368,257 36,452 404,709 350,549 Expendlturo on: Charrtable aclimlies 1352,193} 149,812) (402,0051 1384.319) Total expenditure 1352,193} 149,8121 1402,0051 1384,3191 Nel incomel{expendrture} Gross transfers beeen frJnd5 16.064 113.360 2,704 (33.7701 9,940 19,9401 Nel movement in funds 26,004 123,3001 2,704 133.T/OI Reconclllatlon of fund$ Total funds brought f¢)rnard Total funds carried forward 17 27 896 427,991 455.887 489.657 53,900 404,691 458,591 455,887 All of the charty's actiwtses derive from continuing operations during the abov8 pgriods. The funds breakdown for 2024 is shown in note 17. The notes on pages 10 to 20 fomi an integral part of these financial slalements. Pagè 8
Okehampton Community and Rreation Assoclation (Reglstratlon number: 1011839) Balance Sheet as at 30 September 2025 202S 2024 Note Flxed assets Tangible asset5 Curr8nt 0s$ots St¢xks Debtors Cash at bank and in hand 408,632 424,357 12 13 14 3,068 42,304 52,678 98.050 2,629 7.669 47,053 57.351 Creditors: Amounts falllng due within one ygar Net current assets 15 {48,og11 25,821} 49,959 31.530 Net a55ets 458,591 455,887 Funds of the charity: Restrlctsd Income funds Rgstricled funds 404,691 429,491 Unrestricted Income funds Unresliicled funds 53,900 26,396 Totsl funds 17 458,591 455,887 The I statements on pages 8 to 20 were approved by the trustees, and aulhorised for issue on and signed on their behalf by.. P T Davies Trustee J F B Jarvis Trustee The note8 on pages 10 10 20 form an integral part of these financial statements. Page g
Okehampton Communlty and Recreation Association Notes to the Flnancial Statements for the Year Ended 30 September 2025 1 Accounting policies General information The charity is a public benefft enlty and a registered charity in England and Wales and is unincorporated, The address of the principal is Pavilion in the Park, Okehamplon. Devon, EX20 1 GE. Statement of compliance The fi'nancial slalemenls have been prepared in accordance with the second edition of the Charities Slalement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom ond Republic of Ireland IFRS 1021 and the Charitse5 Act 2011. Basis of preparatlon Okehampton Communty and Recreation Association meets the definiti'on of a public benefit entty under FRS 102. The accounts (financial statements} have been prepared under the historical c08t convention with items recognised al cost or transaction value unless Otherwise staled in the relevant nolels} lo these accounts. Going con¢grn The Iruslees considar that there are no material uncertainties abolrt the charity's ability lo continue as a 90ing concern. Judgoments and key sources of estimation uncortainty The preparation of the financial slalemanls require8 management to make judgements, ests'mates and assumptions that affect the amounts repL)rted. These estimates and judgements are continually reviewed and a based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Key sources of estimation uncertainly Accounting estimates and assumptlOn5 are made conGgming the future and. by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of eslimalion UnrtainlY that have a significant risk of causing a material adjustment lo the carying amounts of assets and li8bilf(ies within the next financi81 year. Income and endowments Voluntary income including donations, grfls, legacies and grants that provida cor& funding or are of a general nature is r8cogni5ed when the charity has entf(lemenl to the incom&, it is probable that the income will be received and the amount can be measured with sufficient reliability. Donatlons and leg8CIOS Donations and legacies are Tecognised on a receivable basis when receipt is probable and the amount can be reliably measurfjd. Page 10
Okehampton Community and Recreation Assoclatlon Notes to the Financial Ststements for the Year Ended 30 September 2025 (continued) Grants recelvable Grants are recognised when thè charity has an entitlement to the funds and any conditions linked to the grants have begn mel. Wherg performance conditions are attached lo the grant and are yot to be mel, the income is re¢ognisgd as a liabilty and included on the balance sheet as deferned income to be released_ Investhjent Income Dividends are recognised once the dividend has beon declared and nolrficalion has been recewed of the dmdend due. Expgndlture All expenditure is rOgnIsed once there is a legal or nstruNIe obligation lo that expenditure, il is probable settlement is required and the amount can bg measured reliably. All costs are allocated to the applicable expendf(ure heading that aggregate similar costs to that category. Where costs cannot be directty attribLrted to particular headings they have been allocated on a basis consistent with the use of resources, with ntrOl staff costs allocated on the basis of lime spent, and depreciation charges allocalod on Ihf portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charitable actlvldes Charilablo expenditure cornprises those costs incurred by the charify in the delivery of its activities and services for ils beneficiaries. 11 includes both costs that can be allocated directly to such activities and those costs of an indirect nature netsssary to support them. Governm*nt grants Govemmenl grants are romgnised based on the accrual model and are measured al th& fair valug of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related c08ts are recognised. Grants relating to asset5 are recognised over the expected useful life of the asset. Where part of 8 grant relating to an asset is deferred, it is rgcognised as deferred income. Taxatlon The charity is considered to Pass the tests set out in P8rag18ph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK eorporalion tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of ineome or eapilal gains reiVed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or S9Ction 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assats Individual fixed assets costing £100.00 or more aro initialty recorded at $1. Pago11
Okehampton Community and Recreation Association Notes to the Financial Statements for the Year Ended 30 September 2025 (continued) DeprlatiOn and amortlsation Depreciation is provided on tangible fixed assets so as to write Dff Ihg cost or valuatson, less any estimated residual value, over their expected usefvl economic lrfe as follows". Asset Class Depreclatlon method and rate Straight line over the period to expiry of the lease agreement 20,/0 straight line Leasehold land & buildings Fumilure & equipment Research and d8velopment Re$earch and development gxpendilure is wrillen off as incurred. Stock Stock is valued at the lower of cost and eslimaled 8elling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost determined using the firs14n, first-out {FIFOI. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and othgr shgrt-lerm highly IUld investments that are readily convertible lo a known arnount of cash and ar& subject to an in91gnrfanI risk of change in value. Fund structure Unrestricted income funds are general lunds that are available for use at the trustees discretion in furtherance of the objectives of the charty. Designated fund$ are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those donated for use in a particular area or for 8pecffic purposes, the use of which is restricted lo that area or purpose. Page 12
Okehampton Community and Recreation Associatlon Notes to the Financial Ststgments for the Year Ended 30 September 2025 (continued) Flnanclal Instruments Recognition and measukpment A financial asset or a financial liability is recognised onty when the entity becomes a party to the conlradual provisions of the instrument. Basic financial instruments are initialty rfjcognised at the amount re1vable or payable including any related transaction costs, unless the arrangement con81ilutes a financing transaction, where il is Tecognised al the present Value of the future payTnents discounted at a market rate of interest for similar debt instrument. Current assets and current liabilf(ies are subsequendy measured at the cash or other consideration expected lo be paid or received and not discounted. Debt instruments are subsequentty measured al amortised cost. Finanryal assets thal are measured at cost or amortised cost are remewed for objective evidence of impairment at the end of each reporting dale. If Ihero is obj8clive gvidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial aclwities in which the initial gain was recognised. 2 Income from donatlons and legacles Unrestricted funds General Restricted funds Total 2025 Donation$ Grants Govemmenl grants Grants from other organisations 2,285 2,285 14,516 225 14,518 36.677 36.452 17,026 36,452 53,478 Unrestricted funds Genernl Restrlcted funds Total 2024 Donations Grants Government grants Grants from other organi5alions 1,582 1,582 8,148 8,148 24,568 34,298 24,568 9,730 24,568 Page 13
Okehampton Community and Recreation Association Notes to th• Flnanclal Statements for the Year Ended 30 September 2025 (continued) 3 Income from charltable actlvlties Unrestrlcted funds Ggneral Total 2025 OCRA Actwilies Facilty bookings Other income Paln Income 92.208 75,017 4,233 179,086 92,208 75.017 4,233 179,086 350,544 350,544 Unrestricted funds General Total 2024 OCRA Activities Facility bookings Other income Pavilion Income Penalty refund 93,731 69,965 3,636 148,239 200 93,731 69,965 3,636 148,239 200 315.771 315,771 4 Invgstment Income Unrestricted funds Gèneral Total 202S Bank interest 687 687 687 687 Unrestrictsd lunds Gengral Total 2024 Bank interest 480 480 480 480 Pago 14
Okghampton Community and Recreation Association Notes to the Flnancial Statements for the Year Ended 30 September 2026 (continued) 5 Expenditure on charitable activltles Unrestrfcted funds General Rg$trict•d fvnds Total 2025 Community Recreational AGtiwlies Pavilion in the Park Support costs Staff costs 76,887 91,607 19,553 164.146 76,887 114,363 19.553 191,202 402.005 22.756 27,056 352,193 49,812 Unrestrlctsd funds Genaral Restricted funds Total 2024 Communty Recreational Activities Pavilion in the Park Support costs Stsff costs 70,831 79,301 19,895 154,968 324,995 14,0¢ 29,774 84,831 109,075 19,895 170,518 384,319 15,550 59,324 6 Analysis of support costs Support costs Othor support Costs Govgrnancg costs Flnance Costs Total funds Total for 2025 4,516 60 14.977 19,553 Total for 2024 3,833 60 16,002 19,895 7 Not Incomlngloutgolng resources Net incominglloLrtgoing) resources for the year includg.. 2025 2024 Depreckgtion in tangible fixed assets 26,238 27,628 Page 15
Okehampton Community and Recreation Assoclation Notes to the Financial Statements for the Year Ended 30 September 2025 (continued) 8 Trustees remuneration and expenses No Iruslees, nor any person8 Connected with them, havè received any remuneration from the charity during the yeaT12024 Nil}. No Iruslees have received any réimbursed expenses or any olhor bonfjfits from thè Charity during the year12024 Nill. 9 Staff costs The aggregate payroll costs were as follows: 2025 2024 Stsff costs during tha yoar were: Wages and salaries 191,202 170,518 The monthly average number of pèrsons lincluding s8nior management l leadership team) employed by the charty during the year was as follows: 2025 No 22 2024 The average head count of ernpbyees during the year 20 No employee reiVed emoluments of more than £60.000 during th8 ygar12024.' Nil) 10 Independent examln8rf$ romuneratlon 2025 2024 Other fees to examiners Independent examingrs fees 1,500 1,400 11 Tangib19 ftxgd assots Land and buildings Equlpment Totsl Cost At 1 O¢tobgr 2024 Additions 681.090 52.264 10.513 733,354 10,513 At 30 September 202S 681.090 62,777 743,867 Page 16
Okehampton Community and Recreation Association Notes to the Financlal Statements for the Year Ended 30 September 2025 (continued) L•nd and buildings Equipment Total Depreclatlon At 1 October 2024 Charge for the year AI 30 September 2025 Net book value 260,203 22,756 48.794 3,482 308,997 26,238 282.959 52,276 335,235 AI 30 September 2025 AI 30 September 2024 398,131 10,501 408,632 420.887 3.470 424,357 Included within the net book value of land and buildings above is £Nil (2024 £Nil} in respect of freehold land and buildings and £398,131 12024 - £420.8871 in respect of leaseholds. L¢asehold Land & Buildings represents the investment of the Chartty in Pavilion in the Park which is on land which is held on a lease from Okehamplon Town Council for 30 years from 1816113 at a nominal rent. 12 Stock 2025 2024 stocks 3.Q68 2,629 13 Debtors 2025 2024 Prepayments Other debtors 5,809 36,495 42,304 633 7,036 7,669 14 Cash and cash gquivalents 2025 2024 Cash on hand Cash at bank 5,372 47,306 52.678 1,511 45.542 47,053 Page 17
Okehampton Community and Recreation Association Notes to th8 Financlal Statsments for the Year Ended 30 Septsmber 2025 (continued 15 Creditors- amounts falling due wtthln one ygar 2025 2024 Trade creditors Other taxation and social security VAT repayable Other crgdilois Accruals 34,983 1,225 7,413 1,675 2,795 16,731 1.578 4.151 625 2,736 25.821 48.091 16 Commltsnents Capital ¢ommllments As at the balance she&l dale, the charty had no conlradual Commitmenls. As at the balance sheet date, the Charty had no commitments in process. The total amount contracted foi bul not provided in the financial statements was £Nil12024- £Nil). 17 Funds Balance at 30 Septembor 202S Balance at 1 October Incomlng Resources 2024 resources expended Transfers Unrestricted funds General General Funds 21,896 368,257 1352,1931 9,940 47,900 Designated All weather pitch replacement 6,000 6,000 Total unrestricted funds 27,896 388,257 352,193 9,940 53,9)0 Restricted funds Pavilion building All Weather Pitch replacement Okehamplon Unit8d Charities Vglerans. Foundation Rugby posts 420,887 {22,756} 388,131 4,500 10.000 {9,9401 4,560 26,452 {26.452} 1604 604 2,000 2,000 49.812 36,452 404,691 9,940 427,991 Page 18
Okehampton Community and Recreation Association Notes to the Financial Statements for the Year Ended 30 September 2025 (contlnued Balance at 30 Septsmber 2025 Balance at 1 October 2024 Incomlng Resourcès resources xpended Tran$fors Total funds 455,887 404,709 1402,0051 458,591 Balance al Balance at 1 October 2023 Incornlng resourcos Resources expended September 2024 Unre$trlctgd funds General General Fund$ 20.910 325.981 {324,995} 21,896 D•$ignatgd All weather pltch replacement 4.500 4.500 Total unrestricted funds 25,410 325,981 1324.9951 26,396 Restrlct8d funds Pavilion building All Weather Pitch replacement Okehampton United Charities Veterans. Foundation Rugby posts Wam space grant 443,643 6,000 {22.756} 420,887 6.000 15,550 115,550) (14,000) 14,604 604 2,000 2,lJOO 7,018 {59,3241 464.247 24,568 429,491 Total fund8 489,657 350,549 1384,3191 45S,887 All Weather Pitch rePlement was funds received from We$1 Devon Borough Council towards the juvenation of the all-weather pileh at Okehamplon Collego. Okehampton United Charities was funds received towards salary costs. Veterans. Fund is funds received lo be used against a PToject with Pegasus outd¢1 Ventures to deliver woodland therapy sessiorbs. Rugby posts was a grant recVed from the Norman Family Trust. Waryn space was a grant received towards running costs. Page 19
Ok8hampton Communlty and Recreation Association Notes to the Financial Statements for the Year Ended 30 September 2025 (continued) 18 Anatysis of net assets betweèn funds Total funds at30 September 202S Unrestricted funds General Restricted funds Tangible fixed assets Current assets Current liabilities 10,501 91.490 148,0911 398,131 6.560 408,632 98,050 48,091 458,591 Totsl nel assets 53,900 404.691 Total funds at30 September 2024 Unrestrl¢ted funds General Rgstrictod funds Tangible fixed asset8 Current assets Current liabilrties 3,470 48,747 25,821 420,887 8,604 424,357 57,351 125.8211 455,887 Total net assets 26.396 429,491 19 Related party transactlons There were no related paty transactions in the year12024'. Nil). Page 20