OLD HEAThCO.4T SCHOOL COMM[INf￿ CENTRE (KtNGS STREET TIVERTON) LIMrfED (A COhIPANY LIMrrED BY GUARANfEE) YEAR ENDED 31 MARCH 2025 Colltents Page Reterence and administration detsils Tn￿leeS report 24 Tndependent examinefs report StateEllent of fillonci21 Activities Balance sheet Notes forniing part of the fmancial statements 8-14 OLD HEATHCOAT SCH(K)L COMMUNITY CENfRE (KINGS STREWT TIVERTON) LTMrrED REFERENCE AI¥D ADMINIST￿TIoN DETAILS Charity name Old Heathcoat School Community Centre (King Street Tiverton) Limited Registered charity nuniber 1063152 Company number 3325037 Principal address and regtsiered office 81 King Stteet Tiverton EX16 5JJ Tnths R Caudwell D KnowlL% (Chair) J Bell J Woodley (passed away Febnwy 2025) R Dolley K Weber D Noble Tlldependent examiner Mt5 M Hutchings Apsleys LLP Chanered Accountants 21 Bampton Street Tiverton Devon EX16 6AA Bankers Natwest I l Fore Stteet Tiverton Devo4 FX16 6LW SecTJre Trust Bank One Way Solihull B90 4LH OLD IIEATHCO.4T SCHOOL cOM￿{uNf￿ CENTRE (KIThGS STREETTIVERTON) LIMtTED TRUSTEESREPORT YEAR EIWED 31 MARCH 2025 The Tn￿teeS present their annulll report andthe fmancial statements of the charityfor the year ended 11 March 2025. The t￿￿teeS have adopted the piovislons of the Statemeni of Reconllnerkded Practice (SORP) "AcLounting and Reporting by Clwities" (FRS 102). the Charities Act 2011 and the Companies Act 2006 in prepating the annual report and fjnanc.iai statcmellts of the charity. Summary of the objects of the charity set out in its governing document The objects of the charity are to promote the benefit of locaI inhabitants of all a8e4 rac4 denominations aDdperwa510ll 2nd to seek to enhance their quality ol.lifr in a550ciation i¥ith other organi5ations by the promoting of education aud the provision of facilities in the inteiest of s￿131 wdfare. le￿Cation alld lei5Ut¢ acttvities. Summary of the ll￿1￿ activilies in relation to these objectii*s Aboard of up to 15 Iwstets takes the tespoosibility for the sm(KJth running of the centre in 8ddition to its strategic role of developing the centre and its facllities in accordance with the ch￿ltieS objectives. The day to day nuining of the centre is delegated to a team of dedicated stsff who it in accordance with its operntiollal ￿l1¢y. Declai?tion The trustees have had regard to the Charity Coumiission 8uid2llce on public benefit and believe this is achieved via the Ch￿￿ty,$ objectives and activities. ACHIEVEMENTS AND PERFoR￿4NcE Summary of the main aehievements of the ¢haritY during the year We were all shocked and saddened by the slidden pa&8ing olour friend Jill Woodley, wlko was chairn￿ at the timq in Febnwy 2025. 1 became the Chairman at this time. The Board recogllises that there is a need for]nore Tn￿eeS aod is actively rectuitin& Our (edm of employees now totals five (muc.h Iess than in previous years). Gemma Parker (Cleaner) Kery Page (Sertior Cafe Assistant) Colin Wolfe (Caretaking) and Chelsrd IVe5t (Cafe Assistant) with Gail step1￿￿ as Centre MaDaBer and Admillisttator Climbing Wall At the close of the wevious financial year the firture of tbt clilllbing wall was Uncertai￿ Finditig staff and the other profrssiouals y￿eS￿lry to maÈnlain a safe environment had become illcre&singly difficult alld the waIl had always operdted at a signifIcallt1055. Ill Aptil we wcte uthotmed that Sbty (Ollr lead cliDthing inslrucior) would be leaving for Canada in June. This furtber cemented the Board's decision to close the wall. Lktsintenauce We retained our cautious appmach EO spending this year. only carrying out essenti21 repairs 3lld WOTks. Ivhilst carrying out e5selltial repai[5 to the stq)s of the Briltou Centre we discovered the floor of the Britton Centre h&8 some wood rot 2ud will need to be replaced sometitne in the next l?_18 months. Not a sEnall job. We will seek ￿ndIng for this in the upcoming year. OLD HEATHCOAT SCHOOL COMMUNITY CENTRE (KINGS STREETTIIIRTON)LIMTTED TRUSTEES REPORT (CONfiNtrED) YEAR EIWED 31 MARCH 2025 Café The café continue5 to be too busy foi only one menkn of staftbut not q￿te busy etkougb to pay for two. Public f(￿t fall h&8 illcieased butincreased charges for stock offsets the ￿se ￿ It￿ll￿ we would noTll￿1IY expect to see. Overall. the cafe continues lo J￿$t about break even most of the time. The café contiDlles to offer the ever-popular mid-week roast and the Winter Warnlers club oll Friday afternoons during the colder Jnonths. Community Engagement Linda Ketslake. a fo￿￿er enwloyee 2nd now enth￿$13st1C volll￿eer, orwised two crnft faits this year and a pre-loved items sale. Linda along ivith some other generous volunteers also gave up their time on Christmas Day to provide the vital service of a hot Christmas Dinner for those in neal Looking forward The Centre continues to IK busi￿ than previous ye8rs and our income h&s increarf however the contimied increases In n￿lling costs mean that our long-terni future is still not secuK We do not plan any la￿ prOj￿ts othet tlian those for which we could secur¢ fuDdillg and will keep a Glose watch on our iucome alld expellses the yearprogresses. Reservos Tn line with our reserves policy we cu￿tlY have £60.0￿ Ting fenced as Our reservas. Brlefsummary ol the ehxrity'8 polley on reserves The Trustees consider Itpn￿ellt to ensure that sufficient reserves exist to cover the basi¢ nmning cost5 of the centre for a 6 months puiod. ]n practice this has been met or exceeded since tbe aCquI￿tion of the centre in September 1997. STRucfuRfj GOVERNAIYCE AND MANAGEME Type of governing document How the charity is constikntal Memo￿nd￿m and Atticles of Associaiion Private coinpany. limited by guarantee. no share capital Trustees selection method It is the policy of the Old Heathcoat School Community Centre to encourage and faciIitste membets of community to provide ￿lstanCe and SLTpporL The use of volunteers maximises conllnunity engagement 2nd promotes pgfjmetship working belween the OHSCC. other agenc.ies and our collllnuniry. Trusiees are r￿[ulled in accordance with Charity Con)mission 8uide]irEs from volwiteffls. ÈllteTCSted neighbours and local residents. Additional governance issues The Working Group comprised of ChairnMtL Tieasurer. Gail Stephens (AdministraEor) aud Jill Woodley (Vice Chair) meet weeldy in the Cenlre and incorporates other Tn￿ into their disc￿510￿5 wheAe possible. The w0￿]ng Group so keep other Board JneAubets up to date between meetiugs via ellwil. OIJ) HEATHCOAT SCHOOL COmMUM￿cENTRE (I(tNGS STREET TIVERTON) LIf*l￿ED TRUSTEES REPORT YEAR ENDED 31 TrIARCH 2025 (CONfiNUED) Trustee5' consideration ofmajor ris]£s the system and procedure to manage them The Trostecs have reviewed all major Eisks vA]ich thcy cousidcr migbt apply to the Centre with specific attention to adequate I￿UranCe cover. health 3nd safety legislatioffj r￿e prevention and the safew ot all categories of Centre users. The Tmstees are not aware of any risk or potenti2[ ha72rds which have not beell addThe(L This report beeD prepared taknng advantsge of the smatl conV￿Y exemption of Section 415A of the Companies Act 2006. ThiSTewrtwas approvedbytheBoardon................ and sigtEed on theiT behalf by: D KNOWLES INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL OF OLD HEATHCOAT SCHOOL CENTRE (KING STREET TIVERTON) LINtITED I report to the charity trustees on my examI￿On of the ac£ounts of the company forthe year ended 31 Mxich 2025 which are set out on pages 7 to 15. Responsibillties and basis of report As the charity trustees of the company (and 8]so its direciors for the putposcs of company law) you are iespouslble for the preparation of the accouDts ill accordance with the rcquirements of the Companies Ac.t 2006 ('the 2006 Act.). Having satisfied myse]f that the accounts of the company are not required to audited under Part 16 of the 2006 Act aod are eligÈble for tndependent examiuation. I teport io resplxl of my eXamI￿tion of your company's accounts as catEied out under section 145 of the Charities Act 2011 ('the ?01 l Act.). kn rallying out my examination I have followed the Dire¢tions given by the Cknity Commission under sedion 145{5)(b) of the 2011 Act. Independent examiner's Statell￿nt I have completed my e.xamin8tioL I confirm that no llmttets have come to my attentioll in connection with the examination giving me cause to believe that in any Mat￿la1 Tespect: acc4Junting records were notkept in respect of the company as Tequired by section 386 of the 2006 A¢L or the acc.ounts do not accord with those records" or the 2cc