WOOLWELL COMMUNrrY RESOURCE TRUST Operating as THE WOOLWELL CENTRE (A Company Limited by Guarantee) REPORT AND UNAUDITED ACCOUNrs 31 December 2025 Registered company number 03597034 Registered charity number 1071238
WOOLWELL COMlItUNITY RESOURCE TRUST REPORT AND FtNANCIAL STATEh(EKrs FOR THE YEAR ENDED 31 DECEMBER 2025 coNrEKrs Page Reference alld adlnitratAve detsils Trus*es' Report Ststement of financial activities Balallce sheet Notes to the accounts 8-16
WOOLWELL COMTrtUNTfY RESOURCE TRUST REFERENCE AND ADMINISTRATIVE DETAtts Trustees Mr C P W Huitson Mr S Marsh Mrs S Marsh Mrs K knher Secretary Mr C P W Huitsoa Centre Manager Mrs L Tam8¢tt-White Accountants Northcott Tnllnfield Chartered Accountants Devon5bire Villa 52 Sbjart Road Stokt Plymouth PL3 4EE Regi$teTed Offiee Darklake tAtte Woolwell PloUth PL6 7TR Comp8ny Registered Number 03597034 Charity Registered Number 1071238
WOOLWELL Co1UNITy RESOURCE TRUST TRUSTEES, ANNUAL REPORT The Trustees present theii report and accoullts for the year ended 31 Decernber 2025. The Trustees have adopted tbe prOs10S of the Stat¢rneut of Recommended Practice (SORP) "Accounting and Reporting by Clwities" (FRS 102) preparing the annual report and fitWLcial ststements of the cbarity. Structure? goverThAnee and Dn¥eMellt Governi d¢)cument The organisation is a charitsble cotnpally limxted by guarantee, incorporated on 13 July 1998 and Tegistered &8 a charity on 27 August 1998. The con¥any was esthblisbed under a Memorandum of AssociatioTh which estsblished the objects and EK)wers of the charitable company and is governed under its Articles of AswiatiorL Itk the ¢ven¢ of the company being woulld up members are required to contnbute all amount not exceeding £1. RecNitrnent and a iotmellt of new Tnte¢S The Directors of the company are also charity Tte¢S for the purposts of charity law. They give their ttrne voluntsrily alld receive no bellefits from the charity. All day-trday operational matters are delegated to the nwager of The Woolwell Centre. Under Articles of Association each Tntee must Tetire at the third aDnuai general meeting after bis appointment but, rfwillin8 to act, su¢h Trwtee ojay be reapwini When recruiting TDJstees, indiwduals with a skill set conwlimentary to the existing Trust£es are Sought. The aiuk is that when recruiting Ttees, inth'vidua]s with a skill set ¢ompiimentary to the existing Trustees are sought. The aitn is that the TrnsteelDirectors as a group, have a diverse set of skills that indiildually benefit the objectives of the charity. Objectives and Activities The Trust's prin]ary purpose is to promote for the inhabitants of Woolwell and the ngllo0(L together defined by the adtnillistrative area of the Parish oEBi¢kleigh, without distinction of sex, sexual orientation or race or of political, lIgiOUS or other opinions, by associating togetber with the said inhabithnts and the local authorities, voluw and other or8alli5atsons in a Coll0n effort to adv8n¢e ¢du¢ation and to provide facilities in the iuterests of social welfare for recreation alld leisure-time OGcupatioll with the object of improving the conditions of life for the said inbabitants. and in particular to e5t&blish. or to secure the establishment of a cornmunity centre and to maintsin and rnanage the same (whether alone or in co-opetstion with any local authority or other person or Ix)dy) in of the Primary PutEM)se. The Trustees have refeEred to the gUIde published by the Cbarity Commission on public benefit when reviewing the Trustees have referrcd to the guidanc¢ published by the Charity Commission on public Inefit when rrviewing the cbarity's airns alld objectives. Achievements and perfomanee 2025 has been a diffiwlt year for the Centre. Following on frotll 2024, business in all are&8 bas been hard fought for and difficult to sustsin. We fouod that in every area io¢ome has decr&wd whilst individual costs bave continued to rise. There have still beeo income successes due to diversification of events. In 2026 it will be imFmtive to c¢)ntinue to diversify for the Cetttre to suThrive. A Soapshot of the year. Music EvetLts- we catried on the Tnl)utr Ac(s in 2025 witb tbe artists being sourced frojn our existing specialist Agent. We alsts ventured into aTrdDgillg a few llLUSiC events ourselvei These tlmied out to be just as popular with the ¢OllJllLUDity as tILe ones sourced througb the AgetLt. Auallwg our own thows allowed us to keep the ticket sale proceeds as well as not payillg Agent fees therefore makmg the wlLole event more sustainable. We are going to ty and cut down on expenses like this in 2026 al use OUT own ttce and gatlled expertise where we can.
WOOLWELL COMLVIUNITY RESOURCE TRUST TRUSTEES, ANNUAL REPORT Aehlevements and performance eolltinued We Isted 3 Weddwg Receptions vknich w¢re very suvxssfvl. This is an ongoing area of opportunity for WCRT which we are grndually building upoL There is defjnitely a market for inexpensive Wedding Parties where the cost doesn't fall into tbe "gher brdcket of rnost other establishnlts the area. The Community Quiz bas gone from strength to strength in 2025. From the bennIng of tbe year the attendance has doubled with a good llber of th¢ ¢omnJwty auendwg regularly 00 the firsi Friday of each montlL We contillue to bold fre¢ events for com]nunity wbich bave included Stay & Play days. Bouncy Castle events. Eagter Egg HunL CbristtDa3 Parties for ¢hildraL end of Sch(y)l Tern discos and a Cbristtnas Hog Roast for Adults. These free events are always well attended and feedback frojn our conununity confim they very well received. Room booking incorne ¢ontirAued with the 2024 trend alld decre&rf however regularbooknngs have reti]lled Siabl¢. ROO hire illcome reded by £16.379 from the 2024 figure. Bar income from Events Tethiced by £13.910 oll the previo8 Y.5 figure but ComUnity Bar lllcome incre&sed by £11,818. Therefore, an overall reduction of £2,092 tILe coilled illcome as compared to the pmitsus year. Cost of Sales for tbe Bar dreaSed by £3?33 due to d]]Rgence iti soUill8 str)cE Cost of Sales for the café tythiccd by £3.302 which Wds in sorne part due to constantly looking for more cost<ffe¢tive sources of st(Kk However, Caft iDcorne a]50 reduced by £5287 on 2024 figures which 18 disappointing. AMTrM Wraparound Scbool Club use decre to Bickleigh Do1 Prin]ary School opening their own Wrnparound Cbildcare Club. Revenue from this source fell from £74,743 in 2024 to £55,190 in 2025. This service Ill lloi be sustainable if ihis rate of1055 continues. Financial review The Trustees met with the Centre Manager 8 titnes in 2025 to disc85 and rcview the Celltre's perfornwice al conduct the appri)priat¢ financial appraisals. The TteeS are aware of the continuing challenges that the Centre 15 facing with regards to falling Incon from parts of its core bu5ine55. Despite overall expettditure decreasing ftom £215,626 in 2024 to £191,951 in 2025. at the end of 2025 The W(x)ITNell Centre had mad¢ a total net loss ol- £30.649. These figures do not include stsff costs. Staff wage costs (iucluding AhUPM) for 2025 ThEre £255.008 OPEM)sed to £243.144 in 2024. Reserves poliey Reserves Policy ren1a1 sd ai £180,(KM). At the end of 2025 assets sto(NJ at £145,990. This figure representrd a 22Yo d¢cr¢ase ¢)n 2024 figures of £185,701. Of this fi8ure: Restricted and De518ttated fimd5- £51,813 Cessation fund- £30,000 UDre8tricted . £64,177
WOOLWELL COMhtUNITY RESOURCE TRUST TRUSTEES, AKNUAL REPORT Summary The Trnstees have every faith thai with continued good management of stsff aod resour¢e& The Woolwell Centre will survive the difficult e¢ot]omic clituate that is affecting all Hospitality venues in the UK. Every effon will be made in 2026 to imise Incon from diversified sources and reduce eXpenditic, wherever p)ssible, so that we Can continue to best serve th¢ community in WoolThrll and the surrounding areas. Directors The following persons served as directo during the period: Mr C P W Huitsoll Mr S Marsh Mrs S Marsh Mrs K Ar¢her The Trustees delegate the day-tckday llmDageE[t of the cljarity Mrs Tamsett.White, tbe Community Centre Manager. Trnstee5' respo]bIlitieS The Truste&8 are r¢swasible forprepariDg the retKTrrt aod accounts in accordance witb applicable law and regulations. Colljpally law reqllires the Tnthes to prepare accouots for each fllwncial year. Under that ]aw the Tntee5 bave elected ts) prepare the accounts in accordance with United Kingdom Gellerally Accq)ted Accounting Prdctice Iunited Kingdo A¢Goullting Standards aud applicable law). Under compatty law the Trustees must not apprrlve the accounts unless they are satisfied that they give a true and fair view of tbe state of affairs of the Cotnpally and of the profit and loss of the company for that period. tn preparing these Ounts. the TnceS are required to: select suitable accounting policies and then 4)ply them consistendy, make jud8etueDts and estinutes that are re&500able and ptudenL prepare tbe a¢couTrts on tbe going concern basis unless it is inappropriate to presume that tbe company will coDtillue in busioe&8. The Tntres are re8ponsiTrJl¢ for keeping adequate accowiling TOrdS tbat are Mfficient to thow and exp]ain the cotnpany's transactions alld dise108e witb reasonable accurncy at ally time the financial position of the couyany and ellable them to ensure that the accounts collwly with the Compantes Act 2(X16. They are also responsible for safeguardillg the assets of the ¢otnpany and hence for taking reasonable steps for the preveDtiOD and detection of fraud aj other irregularitie5. Stnall ¢ompaDy proTr4slons Thi8 report ba been prepared baving taken advantag¢ of the so1 con4)anies eAemptioD in the CornpaDies A¢t 2006. This rqjo e Board otl 28 July 2026 and sWd on its bebalf. Mr S Marsh Director
WOOLWELL COMMUNITY RESOURCE TRUST Independent Emiller,5 Report to the Trustees of Woohvell Community Resourte Tnt I report to the cbtirity truSe8 on my exatultioll of th¢ accounts of the company for the year eDded 31 December 2025 which are s¢t out on pages 6 to 16. Responsibilities and basis ofreport As tbe charity trustees of the cowaTLy (and also its director5 for the purwses of conwany law) you are responsible for the preparation of the accouTLts iTh accordallce with the requirements of tlLe Colllpallies Act 2006 {'the 2006 Act,). Having satisfied YSelf tbat the accounts of the cowy are not required to be aUdIa der Part 16 of the 2006 A¢t and a eligible for itLdependent exalninlts I rqx)rt respect of my exaMitiO of your company's accounts as catried out under section 145 of the Chatities Act 2011 ('the 2011 Act.). Ill caYing Out my examiltion I have followed the Directions giveTh by the Charity CoKDllti5sioll under sectioll 145{5Kb) of the 2011 ACL Independent exaDiiner'5 5tatetnent Sillce tbe cowally's gross income exceeded £250,01)O your exa]] mugt be a member of a body listed in section 145 of tbe 2011 Act. I Conf tbat l qualkfied to u[ertake the exa1 because l all) a member of the Institute of Chartered Accounts in En8lalld 2nd Waleg, which is one of the listcd bodie5. I have completed my examinatioL I Collfi that no mktters have come my attention in connection the examination giving Cause to believe that in any material re4)ect: accoulltill8 t(rdS wtte not kq)t in re4)ect of the compatty as required by section 386 of the 2006 Act" or the accounts do not accord with those records" or the accounts do not comply with the accounting requiremellts of section 396 of the 2006 Act other than ally require¢( that the accounts give a 'true alld fair vw. which is not a matter Collsidered as part of an independent examillatiou" or the accounts bave not been prq)ated iti accordance with the nlethots and prin¢iptes of the Statement of Recommellded Prdctice for accountlng and rEPOrting by cl]arities18ppb"cable to clmrities preparing their accounts in accordance with the Fitiati¢ial Reporting Standard applR¢able iti the UK and Republic of Ireland {FRS 102)]. I bave no coucerns and bave come across no other lljatters in coiinectioll with the exatllinatioD to which attention should be drawn in thÈs report in order to enablc a proper under5talldin8 of tbe accounts to be r¢a¢h¢d. Guy lan Nortbcott FC& Bsc(Econ} Holl5, DChA IDstitste of Chartered Aeeountallts in Ellgland and Wale% Northcott Trnmfield Chartered Accountants Devonshire Villa 52 Sthart Road Stoke Plymouth PLJ 4EE Date." 28 July 2026
WOOLWELL Com(uNITy RESOURCE TRUST FOR TItE YEAR TO 31 DECEMBER 2025 UDrestricted Reslri¢ted Funds Funds 2025 2025 Total Totsl Funds 2024 2025 Notes lllcome and endowments frnm: Donations and legacies Cl)aritable activities- Core Charitable activitkes- Anci]]Ary trade Investtnent incojne 19,872 374,102 17,941 2,623 19,872 374,102 17,941 2,623 92,250 419,979 6,123 3,193 Total Income and endowments 414,538 414,538 521.545 Expenditure on: Clwitable actiTrities- Core CIMritable activities- Ancftllary trade 436,677 8,510 9,062 445.739 8,510 463,653 2,446 Total expeDditure 445.187 9,062 454249 466,099 et incomel(expendlthre) and Det tttovemellt fwids before gAIDS And 108sey ott illvestmellts {30,649) {9,062) (39,711) 55,466 Reconciliation of funds.. Total fi]nds brought foThTard 16 174,701 I I,(m) 185.701 130.255 Total filllds c8tri¢d forward 16 144,052 1,938 145.990 174.701 Ail income aJ]d expendiDJre derive from cotititiuitig aetivities. The statement of financial altieS Éneludes gaiDs and losses recognised thing the year.
WOOLWELL COMMUNITY RESOURCE TRUST BALANCE SHEET AT 31 DECEMBER 2025 2025 2024 Notes Flxed a&5ets Tangible io 13,662 8,838 Current assets Stocks Trade Debtoys Prepayments Cash at bank alld in hatld li 12 12 13 2,475 4,950 3,787 154,867 166,079 2,475 7,192 3,833 187,573 201,073 Creditors knounts falling due within one year 14 33.751 20,710 r4et current Asse01bAtles) 132 J28 180,363 Total assets less current Mg4bfilSties 145.990 189,201 Creditor8 Amoullts falling du¢ afier more than one year 15 3,500 Net tts$et$ 145,990 185,701 Represented by Unrestricted fijnd Restricted fund 16 16 144,052 1,938 174,701 11,000 145.990 185,701 For the year ending 31 DeCe[ber 2025 the collyny S eDtitt¢d to ¢xernpti(m from audit under section 477 oftbe Cotupanies Act 2006 relating to slljail companies. Direc. respollsibi1sti&8: The [emberS have not requir•J the Company to obtsin an audit of its accounts for the year in questioj) in accordan with section 476,. The dtre¢tors acknowledge their resw>nsibilities for complying with the requirements of the Act with respect to accounting records and the prepatation of accounts. The accounts have been prepared ill accordance with the provisio]Js applicable to compaDieg #ubject to the sjnall companies regime. These finallcial statements were approved and authorised for issue by the Board of TnLse8 on 28 July 2026 and were gÈgDed on their by. Mr S Marsh CompatLy No. 03597034 The notes oll pages 8 to 16 forni part of these accowil&
WOOLWELL COMfuNT RESOURCE TRUST NOTES TO THE FINANCL4L STATEMENtS FOR THE YEAR ENDED 31 DECEMBER 2025 Summary of ggnificant accoullthig policies (a) General information and basis of prep8r•tioll Woolwell Conllnunity Resource Trust is a company litDita by guardntee registered in Ellglattd in the United Kingdotn. ID the eveut of the cljarity being wound up. the liabijity in respect of tbe gllarntee is lirnited to £1 per Enelltser of the clwiry. The address of the Tegistcred office is giveD in the chality llrfornwtion on page I of these fiuancial ststemeots. The of the charity'$ operatsons and principal aCtitieS are.. The Trust's pritnary Purpose is to promote for the iuljabitants of Woolwell alld tlle neighbourhood, to8¢ther defiued by the administrative area of the Parisb of Bickieith without disttnctioll of sex, sexual orientatioll or race or of lItical. religiou5 or other opinions by aBsociabng together with the said inhabitallts and tbe loc authoritics. voluntsry and other orgatiisations ia a cotnmon effort to advallce education and to prosryde facilitie5 in the interests of gocial welfare for recreation and leisure-time (Kcupation Nith the object of itDproving the conditions of life for the said inhabitants. and ID particular to establish, or to secure the establishment of a community centre and io mainlaiu and nwMge the same Iwthetber alone or in CO-opefdtiOII with any local authority OT other person or body) in fitherallce ofthe Prinw Puryose. The charity Collstimtes a public bettefit entiry as defjned by FRS 102. The fJDallcial ststements have been prepared iti accordance Accoullting and Reporting by Clwities". Ststejnellt of Recomrnended Practice applicable io chariues preparing their accounts xti accordaace with the Financial Reporting Stalldard applicable in the UK and Republic of Ireland issued in October 2019, tlLe Financial Reporting Standard appltcable in the United Kingdts and Republic of treland IFRS 102), the Ctsn)panies Act 2006 and UK Gellerally Accept] Practice. The financial ststements are prepared on a going concernbasis under the historical cost Conventio odified to include certain items at fair value. There are no nwterial uncertainties upon the cljarity's ability to continue as a going ooncenL The financial slatements are prepated ill sterling which is Ibe filnctional currency of the chaTity rowthd the oearest £1. The Sigtiificant accounting policies app]ied in the preparation of these fiDallC statements are set out below. These w>licies have been ¢ODsistrntly appli to all years presented unless otherwise stated. (b) Fund attollnting General fimds are unrestricted fimds wbich are available for we at tbe discretion of the Trustees ID fllrthee of the genernl objectives of the clwity aLd wbichbave tt bcen desigllated for other pose8. Designatrd funds compri8e Wjrestrictl fimds tbat have been set aside by the Tntee5 for particu]ar pur$¢8. The aim and us¢ of each ts1gllatI is set out in the notes to the financial staternellts. Restricted fijnds are funds Twlticb are be used in accordance witb specific restrictions imposed by donoTS or wILich bave been raised by the clwity forparti¢ular PU4K>ses.
WOOLWELL COMMUN[ RESOURCE TRUST NOTES TO THE FINANCIAL STATEMEKts FOR THE YEAR ENDED 31 DECEMBER 2025 (e) Ineome reeogtsitioll All incoming resources are included in thc SOFA wbeD the cbarity is legally elltitied to the income and the amouni call be quantified with reasonable accurdcy. For legacies, entitlement is the earlier tsf the cbarity being notified of an ijnpenditig distribution or the legacy beillg receiv Gifts in kind donatrd for di8tnljuti( are included at valuation and recognised 89 income wbell they are distnbuted w the projects. Gifts douated for resale are iDcluded as Income when they are sold. DO[thd facilities are included at the value to thc cljarity ere tbis CaD be ¢4Uatttified attd a third party is beartng the cost. No amoun¢s are included ill the fiDallcial statetllellts for Services dOna by volunteers. Incoming Trsowces are only defetted when the income is ftsr a fuDJre period anOr ha8 inwosed conditiOLq which must be satisfied prior the cbarity having etititleellI to the income. (d) EzpeDditure reetigllitifju R¢5our¢es expended are recogoi8ed in the perityj in wbich they are incurred. Resources expended include attnbutable VAT th1¢h cannot be recovered. Charitable expenditure alld thinistratioll costs Cotnprise dir1 expenditure iticluding d]rt sttff costs atknbutable to the activity. Swport costs include cetstr81 costs and bave been &llo¢ated activity cost categories on a b88is nsIStenI with use of resource& Governance costs identified as costs associated with statutory COllStiWtional requirements. Grants payable are Charged in the year when the offer ts collvey to the recipient except in those cases where the offer is collditiotjal. such being recogoised as expenditure the colldiuons attaching are lfilled. Grants offered subject to conditions which have not been met at the year end are noted as an Illtentio but oot acfflied as expenditure. (e) Fixed assets and depre¢latl(ty Depryialion is provided to write off the CO of tale fixed assets in equal ilments over theiT estimated useful economic life. The estimatrd usefid lives are as follows: Short leasehold improvements Amortised over 20 years straight line Fixtutffj fittings and fiJrniDJre 5 years straigbt line (D Stocks Stocks are stated at the lower of cost and estimatrd selling price less costs to con]plete and sell. Cost is the ost of purclwe and is calculatrd on a first in fllst out fornLU Operatlng lea Operniing lease relltsls are clh8rged to tbe income and eX1r accoi]nt and the statement of fJt)allcial activities as they fall due. (h) Debtors and creditOT$ rettivablelpayable Iwithin ODe yr Debtors and creditors with no stated illterest rdte al re£eivable or payable within one year are tteorded at transactioll ptice. Any losses arising from 1mpainlleÉ are recogDised in expenditULt.
WOOLWELL COMMUNITY RESOURCE TRUST NOTES TO IHE FINANCIAL STATEN(EKrs FOR THE YEAR ENDED 31 DECEMBEE12025 (i) Cwh Jt bank •nd ID hd Cash at baDk al c&8h ill band includes cash and short term bigmy liquid inveslments with a short lltUrity of three Jnonths or less fro the date of acquisition or opening of the deposit or similar a¢couut. (i) FinaDci81 injtrumeryts The charity olY fiuancial and ruWla1 liabilities of a kind that qualify basic financial instnlllleThts. Basic fiuancial instnents are initially recognised at transaction value and subsequently measured at their settlemellt value with the exception of bank loans which are subsequently rneasured at amortised cost using the effective interc5t meth Dollations and lega¢ie 2025 2024 Total Funds Unrestricted Restricted Funds Total Posicode Commutiity Bickleh Parish Council S¢)uth Hams Districi Council 70,000 20,000 1,000 1,250 15,000 15.000 4,872 4,872 19,872 19,872 92,250 Income from ch*ritable aetiTrities- Core 2025 2024 RcK>m Ilire Events Events bar 1COn]e Other Catering services 103,157 19,795 80,361 7,287 108,312 55,190 I 19,536 15,557 94,271 2,273 113,599 74,743 AMPM Club 374,102 419,979 Charltable aetlvltles- Atteillary tr•de 2025 2024 Community Centre Bar 17,941 6,123 Investmertt 2025 2024 Bank illtest received 2,623 3,193 io
WOOLWELL COmMuNT RESOURCE TRUST NOTES TO THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Cbaritable aetiiltles- Conmiunity CeDtre costs Community Centr¢ Comrnunity Tot 2025 Total 2024 Human resources Staff Costs 215,715 35,899 3,394 255.008 243,058 Other Community CeDtre costs Catering serviGe$ Eventg Events bar cost of sales Training Equipment alld hire Rates and water Insurance Light and beat Telephone Stationery Cleaning Waste disposal Licences Subscriptions Maintenance Paymeni trattsaction costs Professional 49390 27.830 24.611 510 10264 3955 3902 15.696 1906 906 2.604 3.848 7.432 7,417 7,864 3,146 5,450 176,781 49,390 27,830 29.777 510 10.264 3,955 3,902 15,696 1.906 906 2,604 3,848 7.432 7,652 17,539 3,146 5,594 191,951 52,692 36,627 33,110 2,879 20,330 3,352 4,292 21,121 4,537 922 1,406 1,770 4,704 6,878 10,876 3,536 6,594 215,626 5.116 235 613 9.062 992 9,062 5,116 Depreciation Ikpreciation 5,039 451 5,490 3.386 Govern2nee Independent examination 1,8(M) 1,800 1,800 Ancillary trade 2,143 Total charitable activities 399,335 37 J42 9,062 8,510 454,249 466,099 Net income expenditure for the YUT 2025 2024 The net incotDeJexpenditure fortbe year is stated after chargitig: Governance cost8: IDdepelldeut Exalnillation Other Fanallcial Services 900 900 900 900
WOOLWELL COMMUNITY RESOURCE TRUST NOTES TO THE FINANCtAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2025 Staff llumberg ind costs The avtra8C IUODthiy number of enwloyees during the year (wluding TnLgte¢s) by nCtiOn was.. 2025 2024 Chan"table activities 18 18 The costs in respxt of the8e employees were as follo 2025 2024 Salaries and wages Social Stxurity costs Employer allowance Peosioa 239,915 23.509 (10,500) 2,084 230.833 15.527 {5.0001 1.784 255,008 243,144 No employee earned £60,OCXI per aDnum or more. None of the Trustees or per50US COlltLeCted witb them received ally ettK)luments or expenses durin8 the year. The total amount of eItlOYEe benefits received by key Etwmgemt personnel 15 £167,182 {2024 .. £144,611). The st considers its key llwMgement per50ttuel compromise the truslces, the Cojnmuoity Centre Mallager al Teat Leader& Taxatio As a ¢lwity, the company has takell advallta8e of the exettptiolls froul atiOn available uuder S505 Incorne and Corporation T&xes Act 1988 or Section 252 of tlLe TLution of Cbargeable Gaill5 Aci 1992 to the extelli that these are applied to its ¢hartable objects. io. Tangible fhed assets Leasebold Ittwroveet FixtUTE4 fittings and equiptnent Totsl Cost At begim)ing of year Additions Disposals At end of year 17,794 35,477 10,314 2,488 43,303 53.271 10.314 2,488 Depreciatlon At beginning of year Charge for year Disposals At end of year 17.794 26,639 5,490 {2.488) 29,641 44.433 5.490 {2,488 47.435 17,794 Net book vallle At 31 December 2025 13.662 13.662 At I Ianuary 2025 8.838 8,838 12
WOOLWELL COMTrtUNITY RESOURCE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ii. Stocks 2025 2024 Goods for resale Toys and ¢0tt8unllbles 1.475 I,o(K) 1,475 E,000 2.475 2,475 12. Debtors 2025 2024 Trade debtQT3 Other debtors 4,950 3,787 7.192 3.833 8,737 11,025 13. Cash at batÈk and in hand 2025 2024 Current and reserve accounts alld cash 154.867 187.573 14. Creditors: Amounts fallfing due wlthln olle year 2025 2024 Ttade creditors Tax¢$ al Social swity Other creditors A¢crua]s Deferred income 5,570 5J68 9,822 3,477 9,514 4,802 9,921 4,662 1,325 33.751 20,710 Deferred re]ates to Eoorn hire invoiceAI in advance. Balance brougbt fonvard Added Released 1,325 9,514 (1,325) Balance carried fonvard 9,514 13
WOOLWELL CoMluN[ RESOURCE TRUST NOTES TO THE FfNANCIAL STATEhfENrs FOR THE YEAR ENDED 31 DECEMBER 2025 15. Creditors: Amounts [Lg due after ye*r 2025 2024 Ot1 Creditors 3,500 16. Fwid recoDcllistion Balance at Thfis year Expenditure Transfers of year of year Unrestrleted fund Cornmunity Centre Bar activity AMPM Club 79.481 341,407 17,941 55,190 339.335 8.510 37.342 42,624 {9,431) (17,848} 64.177 Deslgn¥4te41 Fund Postcode Lottery Community Fuod Cessation Fulld 65.220 30.0 (15,345) 49,875 30,000 174,701 414,538 445,187 144,052 Restricted fulld AMPM Development l i.O(M) 9.062 1.938 Total Funds 185,701 414.538 454,249 145,990 Unrestrficted Fundg Unrestricted Funds represellt iti¢ome generated from the use of the Woolwell Community Centre wht¢b is owned and mainttined by Bickleigh PaTi5h Council. The ANIPM Club Fund represents the activity of the OFSTED registered out of sch1 actity. Deyigllated Fullds The Postcode Lottery fund is set aside for ¢on)munity b&sed cxpenditxwe. The Ce&sation Fund is for sthff redundancy and aswiated costs should the charity have to 0109e. R¢%lri¢ted Funds The AMPM Development fund is to improve external acttvity area 14
WOOLWELL COMMUNTfY RESOURCE TRUST NOTES TO TE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2025 16. Fund reconciliAtion (CQDlinued) Balance at beginning of year Bala¢ at end of year 2024 Expenditswe Tr8nsfers Unrestricted fllDd Co]nrnunity Centre Bar activtty AMPM Club 119255 440,679 6.123 74.743 (422,$09) (2.446) (40.844) (57.644) (3.677) (33.899) 79,481 Designated Fund Pogtcode Conjmuniry Fund Cessatioll Fund 65.220 30.000 65,220 30,000 119255 521,545 (466.099) 174,701 Restricted fuDd AMPM DevelOpllI I 1,000 Total FuDds 130255 521,545 466.099 185,701 Unrestrlcted Funds Unrestricted Funds rq)regent iticome geJLeratrd from the use of the Woolwell Cornmunity Centre which is oNlled and IDaiDtained by Bickieigh Parish Council. The AMPM Club Fund TepreseDts the activity of tbe OFSTED regsstered out of sch(Trol artivity. Designated Funds The Po$tC<Mle Inttery 18 set alide for community based exditse and retkcts the dollatiott of £70,000 in the year le cogts £4.780. The Cessation FUTMI 15 for staff redukncy alld a&sociatoa costs sIuld the ¢lJartty have to close. Restricted FuDds 17. Net assets Unrestrictrd Restricted Funds Fun9 Totsl Funds FiTed knets 13,662 13,662 Net Current Assets 130.390 1,938 132,328 Creditors: Ajnounts falling due after one year 144.052 1,938 145.990 18. Related party transartions Tlwe were no related part trdDsactioDs in the year. 15
WOOLWELL COMMUNITY RESOURCE TRUST NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2025 19. Fthanelal illstrutnents The atnounts of the clwity's fin781 iDStruments are as follows: FiDancial &ssets and liabilities mea8ured at fair value tbrougb net incom¢ atld expenditwe. 2025 2024 Flllallcial assets Trade debtOf5 4,950 7,192 154,867 187.573 Fillanelal liabilities Trade Creditors 5,570 4,802 Other loalls (current and long term) 3.5(Y) 6.500 16