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2025-09-30-accounts

Company registration number: 04305724 Charity registration number: 1090255

The Old Post Regeneration Association Limited

(A company limited by guarantee)

Annual Report and Financial Statements for the Year Ended 30 September 2025

The Old Post Regeneration Association Limited

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7 to 8
Balance Sheet 9
Statement of Cash Flows 10
Notes to the Financial Statements 11 to 18
Detailed SOFA - donations and legacies 19

The Old Post Regeneration Association Limited

Reference and Administrative Details

Chief Executive Officer S Mansfield Trustees MA Wright SA Bambrick J Harrison S Mansfield D Wain K Richards C Gillespie K Storey Charity Registration Number 1090255 Company Registration Number 04305724 The charity is incorporated in England. Registered Office Old Post Centre High Street Newhall Swadlincote Derbyshire DE11 0HX Independent Examiner AIMS Accountants For Business Montpelier Accountancy Limited 7 Montpelier Quarndon Derby Derby DE22 5JW

Page 1

The Old Post Regeneration Association Limited

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 30 September 2025.

Objectives and activities

Objects and aims

To promote any charitable purpose for the benefit of the inhabitants of Newhall, Stanton and Midway and environs, to relieve poverty, to relieve unemployment for the public benefit in such ways as may be thought fit, to advance education and provide or assist in the provision of facilities for recreation or leisure time occupation with the object of improving the conditions of life.

To establish or secure the establishment of a Resource Centre (hereinafter called 'The Old Post Centre') and to maintain and manage the same, whether alone or in co-operation with any local authority or other person or body in furtherance of these objects.

Public benefit

The trustees confirm that they have complied with 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 Wales.

Going concern

The Trustees are confident that the Association has sufficient resources for the next twelve months and on that basis the accounts have been prepared on the going concern basis.

Structure, governance and management

Nature of governing document

The Old Post Regeneration Association Ltd is a charitable company limited by guarantee, incorporated on 16 October 2001 and registered as a charity on 25 January 2002. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under the Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of trustees

The directors of the company are also charity trustees for the purpose of charity law. Under the Articles of Association the number of trustees shall be not less than five but is not subject to any maximum. New trustees are identified from people within the local community who have the necessary skills and interest.

Induction and training of trustees

When a new trustee is appointed they are provided with a pack which contains:

Page 2

The Old Post Regeneration Association Limited

Trustees' Report

Organisational structure

A board of trustees (numbering 8 at the date of this report) administers the charity and meets approximately 6 times a year. A Finance Committee consisting of four trustees meets to discuss specific financial issues as required. The day to day activities of the Center are managed by staff who report to the trustees.

Page 3

The Old Post Regeneration Association Limited

Trustees' Report

Major risks and management of those risks

Review of the activities and future developments

The Centre continues to provide a social lifeline to the local community. Many of our patrons use the cafe and then join in with the Centre's morning or afternoon activities such as martial arts, music tuition, bingo, whist or participating in with knit & natter and craft. New users have been welcomed to the Centre - it is noted that there are plans to extend the activities on offer for children and young people in the area.

After many years of steady income and expenditure, the charity suffered a massive shock due to the energy crisis. The small surplus maintained in the accounts was not enough to cover the enormous increase in electricity costs. The monthly bill rose significantly and a bid was rapidly put forward to Derbyshire County Council for a grant to cover the installation of 13 Solar Panels for the South facing roof. This was successful and the panels have been installed and provide energy for the Centre. South Derbyshire District Council have been very supportive of the Centre and have also provided us with a grant that can be used to assist with other enregy costs. The difficult decision was made to increase the room hire by 10% - all users were happy to continue supporting the Centre and as a result we have lost no regular users.

Staff and Trustees continue to monitor energy usage and encourage users to be extra vigilant with lighting and appliances, with all unnecessary electrical items being switched off. However, with a nursery and older people (up to 90 years old) playing whist and bingo, turning the heat down was not an option. The solar panels were a success and with the increase in room hire, the charity is back on track.

Reserves policy and risk management

Since opening in 2002 the Centre has benefitted from substantial grant aid in providing many services to the community, but these have now ceased. At the time these grants also helped to support the administrative and catering staffing costs respectively.

Funders are increasingly resisting the inclusion of administrative costs and contingency allowances and insist that expenditure is limited to their specific project. This obviously places the overall operations at increased risk.

The Trustees note the significant value of the Charity's Fixed Assets compared to the current level of outstanding debt and in an emergency would invoke their right to borrow against those Fixed Assets. At the date of this report, the Trustees have no intention of borrowing to support operational costs and are confident that the current level of committed expenditure can be covered by known sources of income.

Total funds at 30 September 2025 amounted to £116,857 (2024 - £105,673) and unrestricted funds £28,720 (2024 - £6,938).

The unrestricted reserves represent free reserves and fall within the range agreed by Trustees. The Trustees monitor the level of reserves held on a regular basis.

Statement of trustees' responsibilities

The trustees (who are also the directors of The Old Post Regeneration Association Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Page 4

The Old Post Regeneration Association Limited

Trustees' Report

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Disclosure of information to auditor

Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.

Reappointment of Independent Examiner

A resolution will be proposed at the Annual General meeting that DC Gould BSc (Hons) ACA of Aims Accountants for Business be reappointed as independent examiner of the charity for the ensuing year.

The annual report was approved by the trustees of the charity on 23 June 2026 and signed on its behalf by:

......................................... S Mansfield Chief executive officer and trustee

Page 5

The Old Post Regeneration Association Limited

Independent Examiner's Report to the trustees of The Old Post Regeneration Association Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of The Old Post Regeneration Association Limited as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... DC Gould BSc (Hons) ACA

Montpelier Accountancy Limited 7 Montpelier Quarndon Derby Derby DE22 5JW

23 June 2026

Page 6

The Old Post Regeneration Association Limited

Statement of Financial Activities for the Year Ended 30 September 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Other income
Total income
Expenditure on:
Charitable activities
5
Other expenditure
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13
Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Other income
Total Income
Expenditure on:
Charitable activities
5
Other expenditure
Total Expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward		 Unrestricted
funds
£
19,000
59,079
323
78,402
(55,832)
(788)
(56,620)
21,782
21,782
6,938
28,720
Unrestricted
funds
General
£
-
59,822
124
59,946
(55,484)
(774)
(56,258)
3,688
(1,840)
1,848
5,090		 Restricted
funds
£
15,524
-
-
15,524
(26,122)
-
(26,122)
(10,598)
(10,598)
98,735
88,137
Restricted
funds
£
13,986
-
-
13,986
(36,026)
-
(36,026)
(22,040)
1,840
(20,200)
118,935		 Total
2025
£
34,524
59,079
323
93,926
(81,954)
(788)
(82,742)
11,184
11,184
105,673
116,857
Total
2024
£
13,986
59,822
124
73,932
(91,510)
(774)
(92,284)
(18,352)
-
(18,352)
124,025

The notes on pages 11 to 18 form an integral part of these financial statements. Page 7

The Old Post Regeneration Association Limited

Statement of Financial Activities for the Year Ended 30 September 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Total funds carried forward
13		 Unrestricted
funds
General
£
6,938		 Restricted
funds
£
98,735		 Total
2024
£
105,673

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 13.

The notes on pages 11 to 18 form an integral part of these financial statements. Page 8

The Old Post Regeneration Association Limited

(Registration number: 04305724) Balance Sheet as at 30 September 2025

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
11
Creditors: Amounts falling due within one year
12
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
13		 2025
£
67,805
3,961
51,248
55,209
(6,157)
49,052
116,857
88,137
28,720
116,857		 2024
£
89,239
4,602
17,911
22,513
(6,079)
16,434
105,673
98,735
6,938
105,673

For the financial year ending 30 September 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 7 to 18 were approved by the trustees, and authorised for issue on 23 June 2026 and signed on their behalf by:

.........................................

S Mansfield

Chief executive officer and trustee

The notes on pages 11 to 18 form an integral part of these financial statements. Page 9

The Old Post Regeneration Association Limited

Statement of Cash Flows for the Year Ended 30 September 2025

Note
Cash flows from operating activities
Net cash income/(expenditure)
Adjustments to cash flows from non-cash items
Depreciation
Working capital adjustments
Decrease/(increase) in debtors
10
Increase/(decrease) in creditors
12
Net cash flows from operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
9
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 October
Cash and cash equivalents at 30 September		 2025
£
11,184
21,909
33,093
641
78
33,812
(474)
33,338
17,911
51,249		 2024
£
(18,352)
22,396
4,044
(2,885)
(351)
808
-
808
17,102
17,910

All of the cash flows are derived from continuing operations during the above two periods.

The notes on pages 11 to 18 form an integral part of these financial statements. Page 10

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

1 Charity status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

The address of its registered office is: Old Post Centre High Street Newhall Swadlincote Derbyshire DE11 0HX

These financial statements were authorised for issue by the trustees on 23 June 2026.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

The Old Post Regeneration Association Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 11

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Donations and legacies

Donations and grants (including capital grants) are included in income when these are receivable. When donors specify that donations and grants are for particular restricted purposes which do not amount to pre-conditions regarding entitlement, this income is included as restricted income when receivable.

Expenditure

Expenditure is included in the Statement of Financial Activities on an accruals basis and includes any attributable VAT that cannot be recovered.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 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 assets

All fixed assets are capitalised.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Improvements to property 4% on cost Fixtures and equipment 20% reducing balance

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 12

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

3 Income from donations and legacies

Donations and legacies;
Donations and grants - see page 18 for detail
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
19,000
19,000
-		 Restricted
funds
£
15,524
15,524
13,986		 Total
funds
£
34,524
34,524
13,986

4 Income from charitable activities

Facilities Rental
Social Activities		 Unrestricted
funds
General
£
33,987
25,092
59,079		 Total
2025
£
33,987
25,092
59,079		 Total
2024
£
35,807
23,449
59,256

Page 13

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

5 Expenditure on charitable activities

Wages and Salaries
Cost of Social Activities
Water Rates
Telephone
Postage and Stationery
Insurance
Repairs and maintenance
Heat and Light
Cleaning
Depreciation
Independent Examiner
Licences
Legal and professional		 Unrestricted
funds
Designated
£
30,386
8,572
1,671
1,063
271
1,895
4,211
4,739
2,268
-
788
170
586
56,620		 Restricted
funds
£
4,213
-
-
-
-
-
-
-
-
21,909
-
-
-
26,122		 Total
2025
£
34,599
8,572
1,671
1,063
271
1,895
4,211
4,739
2,268
21,909
788
170
586
82,742		 Total
2024
£
32,725
9,045
1,488
992
83
1,917
3,096
17,450
2,111
22,396
774
159
48
92,284

6 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

7 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries		 2025
£
34,599		 2024
£
32,725

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Average number of full time equivalent employees during the year 2025
No
3		 2024
No
3

Page 14

The Old Post Regeneration Association Limited Notes to the Financial Statements for the Year Ended 30 September 2025

No employee received emoluments of more than £60,000 during the year.

Page 15

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

8 Taxation

The charity is a registered charity and is therefore exempt from taxation.

9 Tangible fixed assets

Cost
At 1 October 2024
Additions
At 30 September 2025
Depreciation
At 1 October 2024
Charge for the year
At 30 September 2025
Net book value
At 30 September 2025
At 30 September 2024
10 Debtors
Trade debtors
11 Cash and cash equivalents
Cash at bank
12 Creditors: amounts falling due within one year
Other taxation and social security
VAT grant repayable
Other creditors
Accruals		 Land and
buildings
£
487,115
-		 Furniture and
equipment
£
102,394
474
102,868
90,749
2,424
93,173
9,695
11,645
2025
£
3,961
2025
£
51,248
2025
£
730
3,188
1,252
987
6,157		 Furniture and
equipment
£
102,394
474
102,868
90,749
2,424
93,173
9,695
11,645
2025
£
3,961
2025
£
51,248
2025
£
730
3,188
1,252
987
6,157		 Total
£
589,509
474
589,983
500,269
21,909
522,178
67,805
89,240
2024
£
4,602
487,115 102,868
409,520
19,485		 90,749
2,424
429,005 93,173
58,110 9,695
77,595 11,645
2025
£
3,961
2025
£
51,248
2025
£
730
3,188
1,252
987
6,157
2024
£
17,911
2024
£
308
3,188
1,611
972
6,079

Page 16

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

13 Funds

Unrestricted funds
General
Unrestricted Funds
DCC Community
Bank interest
Restricted funds
Fixed Asset Fund
SDDC Work Club Grant
Total restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds		 Balance at 1
October 2024
£
Incoming
resources
£
Resources
expended
£
Balance at 30
September
2025
£
4,221
78,079
(56,620)
25,680
2,717
-
-
2,717
-
323
-
323
6,938
78,402
(56,620)
28,720
89,239
7,500
(21,909)
74,830
9,496
8,024
(4,213)
13,307
98,735
15,524
(26,122)
88,137
105,673
93,926
(82,742)
116,857
Balance at
1 October
2023
£
Incoming
resources
£
Resources
expended
£
Transfers
£
Balance at
30
September
2024
£
5,090
59,946
(56,258)
(1,840)
6,938
118,935
13,986
(36,026)
1,840
98,735
124,025
73,932
(92,284)
-
105,673		 Balance at 30
September
2025
£
25,680
2,717
323		 Balance at 30
September
2025
£
25,680
2,717
323
28,720
74,830
13,307
88,137
116,857
Balance at
30
September
2024
£
6,938
98,735
105,673

14 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
-
55,209
(6,157)
49,052		 Restricted
funds
£
67,805
-
-
67,805		 Total funds
at 30
September
2025
£
67,805
55,209
(6,157)
116,857

Page 17

The Old Post Regeneration Association Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
-
22,513
(6,079)
16,434		 Restricted
funds
£
89,239
-
-
89,239		 Total funds
at 30
September
2024
£
89,239
22,513
(6,079)
105,673

Page 18

The Old Post Regeneration Association Limited

Donations and Grants - per Note 3 above
SDDC
SDDC Work Club Grant
Sundry other grants and donations
SDDC Safer Neighbourhoods - Gates Grant
Councillor Peter Smith’s Community Fund - Gates Grant		 2025 2025
Restricted
funds
£
-
8,024
-
2,500
5,000
15,524		 Total
£
18,000
8,024
1,000
2,500
5,000
34,524

This page does not form part of the statutory financial statements. Page 19