Compw No 03741462 THE PIP CEIITrE A COMPANY LIMrrED BY GUAllAP￿E UNAUDrrED REPORT AND F114ANCIAL sfATEMEpifs FOR TrIE YEAR E14DED 31 MARCH 2025 Doc ID: 638al3ad46￿de138Cla3￿Sc£12Cb2c8l RepryUn8byChethi•s". Ststan￿t0tAat(￿hrneI¥]￿d Prac￿te •pplic•ble to PrnWriftKth•ii Bc¢ouM$ In 4Ccryd#r￿WIth tho FffwKial appivtkn inlhe UX ar￿ Reputilicotlrdar IFILSIIY21"18s Bmervjod lorKcowlrypw¥)d clwnTh*Y￿fiSt1Qrn l Jarw 20161 The PIP Centre was Ineorpmt•d 83 a ¢vmp•ry limitod on 26 M•rch 1999 and •55 such is rfovwned ty its M•mor•rnlum *nicles ofAssrtiffiion. Th•company the recroltkni. edu¢8kn •nd ￿T• d lh• in S￿￿th MrAfrJn and Ihe rea. T￿dIreCtorn COntr￿t￿O ChaiityaThJ caThy0￿ the odrritn1strotP48¢￿Ios ar•listgd onpry•Z In plannlngour8ctP*¢￿s we hwe kw Trn m¥¥J th&ChBrTty Commi5sion't8uthnceonputili¢ benefft. ildron and lamfjltesln &)uth Trwon am. Twka TrAscontinuesto run 8 hitrqualitynurn•ry with an irttegratoo 4ppro8¢h. gupportln8famlifr¢s beyoryjthe StsFhtt•rd nursery wsion. TP The he8lthvi5itors aNJ schcmy continua ro u¥e th•c•¢iti• rn8ui•Ttyto und•rt*k• +w•tth ch8cksaThJ a￿￿￿0th￿ri1••Ii￿rd8I0d rw•da OIC￿l￿¢Th•odl•MIIl Through har¢1 I￿rk￿r￿J c¢rnrtm•nt.we martated to rAA¢e Ourfinan￿ In a n*)re srable posftion. YAthlurth eary¢xrt Much-￿)￿￿ ma$n￿anCe insirj? and outsKIe1￿ propBrty. There is *FII • toitodo. Ixrtwi> aro 8t••dtyprogr••sl￿thr0uth th• list. Wè rM)t yet been ¥ucc•sslul in secutirq *ny8r￿￿t¢[th8 tiatitirtgsyjwm. TAthich coniir4ke$ to C8iKiq TO8￿81 Wllblema•nd f•Mal￿ IrwfficienL l 8n I￿1￿pe￿￿￿t Y>luntary yant.8upporra8efio1. ar￿ w• hopeio Sou￿* fvTh*ryqiorth• I￿l￿s￿&M alowsid• ongOHtymaint8na￿ rneds. ¢Xrrih8 pa8t￿r.W8 Othe￿￿￿dfOr ètfuMettot•t•ont￿ rol• of ant.faisinitru81e•. but unfortUh•t•ty ￿ rec•h*d f¥) ¥Urtatkn4pE4ic•nth. Nick Lock ct>ntinu•8to dc¥•n excdltsnijobol k8epln8tho c•mr• ciaan 8ftdtA￿ ￿l•dIlY-4￿ 8 ¥erygrarehJltOf hi#￿￿￿gCOrnmrtrn8nt. Cknr8 continues to mana¢etho finances8nd ihe d8 to-day rurtnirqolthe pror*rty. aNJ ￿thInk horlor ￿r dodK•tI￿. Wv •NnluntO81 'OOd.￿b mgn" w11￿ is on c8lifvronyd•itym*int•n•ru iswas. I would al*y tik•toth•nk thè T￿￿•+•101￿81F eantinu•d 8UPWt Tri•h I ha¥* been IrNolb*a PIPCentre m￿￿ 34 years. knke rnairyot1wch8l￿s￿• C￿￿nU￿t0 rugoe to r¢crwt nthvlffjlunrewstoloin thelN)o1d. AIory51O8 maintamiY*the (Feiinryof • h4h.ouelltyr08ou￿•r￿th0cCrf￿M￿ftbty. 0urfocus0￿1 the n8ATyeafvthI rgmaihtyi ¥ocuriry4vantfimdM￿ Iderrtrtylrfn8wtruat•es. cc•npltiiin8t work raquir¢dto maintain ih•HP c￿rtr•. The members ofthe ChaFltyarndlpecttysforthepury*)se$ol¢tywnykn¥andtNsta•sfortl* ol￿ ID.. 638a138d46699c5e35fdg138c1a3f38c02cb2c8f purpos•8 of ch•rltyi8w. No dwectors hcAd xh•m ￿￿t￿￿h•ve aUbw•r•nt•od t0pty￿ ￿o￿Al n0texteedr￿ É7 In the otthèctr*¢itye•Jai￿•ftdIh0rt IXI￿• ODfi¢ityKy. aF• 8ppolnt•d ¢JemocratK Thecharity pthnstocorttSnwtowthrydo•varw•fortt* communltylw￿rfIW•d•d f•dlt*# £833.(V•roMthAy•Of. t•ms•NI wo¢•dur•* inpthc6tr)mh*th tho rt*k8 k1ontif￿1. 15 otthe CrynpaniBsAct 20(￿1?1￿1nIt0 gmallcompanie$¥nd &•tsm8rtot Paulin Dlrectr•r Dat•: 1811212025 DLK ID.. 638a138d466e*5e35fr1e138c1a3f38(I)2cb2c8f THE PIP CENlliE LEGALAND ADMINISTrATIVE INFOIV4ATION Directorn H Ashcroft C Crispin P L Pftryle PA Newali J P8tts Secretary Chairman Tre88urer Charity No 1075233 Company No 03741462 Banker8 HSBC 10 High Barnstsple EX3118Q Independent Examiner Caroline Bennett Registered Offic8 Central ￿rk Mill Street South Molton EX36 4AS ID. 638a138d4668*5e35fde138c1a3f38d)2cb2c8f t*lth the ofthe Owit6es 2011 ktl. Cornmlskn ￿￿tr sectlon X49SKbl ofthe *At. Alc Il IizlgtsiL ThE PIP CENTrE STATEMENT OF FINANCIAL ACTMTES ONCLUDING THE INCOMEAND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MAACH 2025 27,950 27.950 25.6 Totsl trKome 27,950 27.950 25.650 28.783 28,783 32.732 Totsl experKlkw• 28.783 28,783 32.732 Net Ihtome/le¥peftth￿ fortre￿r brftye tn 1833) (8331 17.082) Totrlfvb)ds W lo￿nI 219￿63 224.726 219.030 4.863 223.893 224,726 Doc ID: 638a138d466e9c5935fd9138c1a3f38L*12cb2c8f THE PIP CENTRE BALANCE SHEET ASAT 31 MARCH 2025 219.422 222,398 iio 5554 Cash at baraaf#l In h• 7,￿2 Falthw wthln L￿Ve&r 2.531 3.336 4.471 2.328 223.893 224.726 Cawal and un￿trkt￿ IfKom• Fury15 li 219.030 4.863 219.863 4.863 223.893 224,726 For the￿r0DdIng31 M•r¢h 2025. th• comwrywa8ornid•d tomfflwh￿f￿arn 8￿JItU￿￿￿WcI1￿477 ofthg comp8n1esA￿ 21)J6 relatlr410 smau comp8n**. 0¢￿￿nt￿lleco￿j onrFlorthe pr•p8rntt￿ ofthe xcoun cOm￿n￿2 regime and in occordance with FPS102 SOFIP. ON BEHALF OFTHE BOARD Pautsne N￿ll Director Date 1811212025 Ooc10: 638al3ed46fj￿35fdel3Bcla3rJ8L￿2Cb2c8f THE PIP CENTRE NOTES TO THE ACCOUNTS-YEAR ENDED 31 MARCH 2W25 theCompankn•Ac¢2CQ6 aThJ"AcctyJniI￿8Thj ftep0rU￿ ty clwfllles: $￿tillent01 Recomm￿080 Praui¢• appl1cablets¢ttaFi￿S W¢POftn8th0ir￿rrts ln¥c¢¢yd•￿Q. l￿FIr￿￿181 Avportin¥&•nOowd •ppiicobl• UK 0n0H•w￿lC oflr•i•n¢S IFRS102)" l•a •m8n(lad for•ccourrti￿p0rf￿js c(WnM•ncl￿frorn 1 Januory20181. Th• trusti•• publ￿ 88D8fft Enbty as defiwJ trrfFRS 102. Th8tN* t*st8k8n atfvwrtwolth8 wNsions￿l￿ g)RPf0ri*wriiw•pp￿.￿FftS 102 Upd¥t* BuU•tin 1 rntto pr•p8re a ￿•m*￿t0tCa8￿ Fltr•A. As¥eT f*Jl*cy FixedAs5etspwchase¢ Iurconknnut￿U$8 byth•¢h•rltytor th•furth8ranc• otyectNesaro caprtali￿ otco*Bnd depT•Ciat•d Bu*dhi8s. 11lon a str*ht.I1￿ bDsi& . ffttlr•&eourfKn8nt. bala￿e Fund a(xouMk Gen4r￿ furKts arè unr&rytrICt￿ fundJ*thich arg available fly us•aithg dl8¢retlon of t trustgos In IUrth8r8r￿ ofthe 8erer81 obj0ctMsd￿ chadty 8TrJ wh￿h hth* not be R•sirtei•d •r•lur•ls dM•t•d k*us• In•rn*rlc Allincornry¥•styJrte¥ •r• th•SOFA charity ha#enMtyiithiis. the ￿¢0m•. rt is wobablo thrywillrxefv•11 •ry$tr￿ •mourf can bb m•a8Ufed DL￿ated serytces end fKiliii8$8r8incbJded atthe vatuetotr* ¢hbrlty*therethi#ean be quantffiad. Th• valua of MMC•S pl￿￿1ed bybyluffloers hDs not bew) tnclLthd in Ihese chff&rrtytoth8laxp•nditur•. Itla prob•bl• Ih•t WIl•mert*￿I b• andtlNry •tntyJntof Chafft•bie eMp8ndiiur8 c(mprtsesthos• costs If*wr8d byil* thwity In thedeliveryol actr4itsesar￿Se￿1¢8s forilsb8nelicw￿. ttl1￿L￿de$￿xTr1hC08￿thOl canbe allocated mert Exper&ed 210 210 62 2,976 28.783 62 2.976 28,783 2.987 32.732 2.987 32,732 Doc ID.. 638a138d466eW5fdg138c1a3f38c02cb2c8f THE PIP CEPmlE Costasai iwi 2024 291.117 16377 308.094 A% at 31 Marth 202S 291.117 16.977 308.094 As at l Aw'l 2024 Charye forthe 69.150 2,911 16y6 65 85,696 2,976 As •131 Ma￿h 2025 72,061 16,611 88.672 s at 31 Marth 1024 221.967 431 222.398 at 31 March 2025 219.0 219.422 iio iio 1.627 1.741 1,595 3.336 2.531 Cknc ID.. 638a138d466e*k35fde13EK1a3f38uJ2cb2c81 ecordln•t0r durir4th•fftr. 11X TAXATION As a charity. The PtP Centr8wase¥eff￿tfr0rnt&y(￿ KTrcomti•nd•n8lpllir*YMthin a•￿10￿ SOS vlthoTa 1988 or S256ofth•T•%•tionof Chbrge•*A• G•in¥*