Moore
Thompson
T￿￿ted Advlsers
Ch8rt8rnd Acccthtants
Company Reglstrallon Number 04329558
Charlty Number 1100674
WIS8ECH COMMUNITY DEVELOPMENT TRUST
{A Company Llmlted by Guarantee)
Unaudlted Flnanclal Statements
for the year ended
28 Fobruary 2025

WISBECH COMMUNITY DEVELOPMENT TRUST
Index
for the year ended 28 February 2025
Legal and Adminislralive Infomiation
Trustees, Annual Report
Independent Examine¢s Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Ststemenls
10-21

WISBECH COMMUNrrY DEVELOPMENT TRUST
Legal and Admlnlstratlve Inforniallon
for the year ended 28 February 2025
Tru$teo8
T J Jordan
S L CavAhorne
J M Hubbard
Mrs P A Brown
Miss H J Thidwell
CMSGoad
C E Suckling
Mrs L-J Bannister
Cllr L C Foice-Beard
J L Burton
Mlss R Slmkule
A Houghlon
Chair
(resigned 14 August 2025)
Deputy Chair
Treasurer
lappoinled 4 September 20241
lappoinled S August 2025}
Reglstgred office
The Oasls Community & Children's Centre
St Michael's Avenue
Wisbech
Cambridgèshife
PE13 3NR
Accountants
Moore Thompson
Bank House
Broad Street
Spalding
PE11 1TB
Bankèrg
National Westminster Bank PIC
1 Market Plece
Wisbech
Cambridgeshire
PE13 10T
UnSted Trust Bank
1 Ropemaker Street
London
EC2Y 9AW
Hampshlre Trust Bank
80 Fenchurch Street
London
EC3M 4BY

WISBECH COMMUNrrY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 28 February 2025
The trustees. who are also directrjrs for the purposes of the Companies Act. have pleasure in p￿sentIng
their report and the financial stalements of the charitable company for the year ended 28 February 2025.
INTRODUCTION
Wisbech Community Development Trust was registered as a charity on 13 November 2003. These financial
statements cover the year ended 28 February 2025, the comparats.ves covering the year ended 29
Febfuary 2024.
LEGAL STATUS
Wisbech Community Development Trust is a company limited by guarantee with no share capital, which
was incorporated on 27 November 2001 and is registered in England and Wales as 8 chanty (charity
number 1100674, company number 43295581.
OBJECTIVES OF WIS8ECH COMMUNITY DEVELOPMENT TRUST
Th8 objectives of the company as set out in the Memorandum of Association are as follows..
(al To promote for the benefit of the inhabitants of Wisbech and the surrounding area the provision of
lacililios for recrealion or other leisure lime occupalbon of individuals who have need of such facilits'es
by reason of their youth. age, infimiity or disablement. financial hardship or social and economic
circumstances or lor the public al large in the interests of social welfare and wlh the object of
improving the conditsons of life of the said inhabitants.
Ibl To eslab115h or Secure the establishment of a community centre and to maintain and manage the
same in furtherance of the objects ol the company.
ORGANISATION
Th8 charilable company is govemed by a Board of Trusle&s c¢)mprising'.
al least five bul not more Ihan len Community Members.,
up lo four persons nominated by each of Fenland District Council, Cambridg8shire County Council,
Educalional E$18blishment and the local NHS Trust..
up lo three persons representing organisats.ons bthich use the facilrties of the company-
no moTr than two persons who may be but need not be members of the company, Covopled by the
B08rd of Trustees.
Training is provided io keep Irustee$ up lo dale new legislatw t)n a regular basis.
RISK MANAGEMENT
The Board of Trustees has conducled its own review ol the major risks to which Ihe charilable company is
exposed and syslems have been eslablished lo miligale Ihose risks. Significant exlemal risks lo funding
have led lo Ihe development of a strategic plan. Inlemal risks are minimised by the implemenlalion of
procedures for authofisalion ol all Iransaclions and projects and lo ensure quality of delivery for all
operalional aspects of the charitable company. These procedures are periodically Trviewed to ensure that
they still meet the needs of Wisbech Community Devek)pmenl TrusL
RESERVES POLICY
11 is the policy of the charity that unrestricled funds vh)ich have not been designated for a specific use
should be maintained al a level equivalent lo six rnonths expenditure.
INDEMNrff PROVISIONS
Qualifying third party indemnity provisions are in force for the directors throughout the year and remain in
force.

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 28 February 2025
FINANCIAL CONTROLS
The Board of Trustees control the financial affairs of the charitable company.
REVIEW OF DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS
Although The Oasis Community & Children's Centre was in use from March 2005, il was officially opened by
Her Royal Highness, The Princess Royal on 16 November 2005. The Cenlre is part of phase 1, model 1
for Children Centres and incorporates a Nursery which caters for children up lo 5 years old. The Centre has
become a focal point for many services which cover the Watertees area as well as being a Community
Centre for the whole of Wisbe¢h.
The Trust negotiated with Cambridgeshire County Coun￿1 lo lake on the day lo day funning of the Nursery
on behalf of the Trust and this was with effect from 1 April 2007. The Nursery is open Monday lo Friday,
8am to 6pm. This is run by a team of dedicated and qualified staff. 11 provides full day4are places for 3-5
year olds and also 2 year olds who are entitled to free government spaces.
OUR REGULAR USERS OF THE COMMUNITY CENTRE DURING THE FINANCIAL YEAR
This has been another difficult year, as il has been for many because of Ihecontinuing Cosl-of-Living Crisis
during this period and this has affected many of our bookings, especially as we were still recovering frorn
the effects of the COVID-19 Pandemic.
These are the groups that used the Oasis Centre during this financial period..
e UK Cambrid eshire and Pelerborou
This group attends every Monday, Wednesday, Thursday and Friday. Age UK Cambridgeshire and
Peterborough uses Vic Lodge as a Day Centre facility for the elderly and frail. In the room they use il has
coffee bar facilities which makes a relaxed atmosphere. They do a whole range of activities for all the group
to join in with.
Fenland Shotokan Karate Club
Meet every Monday evening. 5:30pm to 6:30pm. These classes are run by fully qualified and insured
instructors, with years of experience, where the emphasis is to learn through fun. No joining fee and the first
lesson is free. Everyone works towards the different levels but also have fun whilst leaming.
PHAB
This group is for disabled and non-disabled people lo meet every fortnight on a Tuesday evening, 7pm lo
9pm. They do a whole range of activities both within the Centre and also outside.
Pulmona
Rehab
This is a referral group which meets weekly on a Monday afternoon, 12.30pm- 4.00pm and all day
Wednesday 8.30am - 4pm. They do lols of different exercises lo gel the heart pumping and mainly work
wrth COPD clients.
Over 50's Social Grou
This is a group for the over 50's and they meet everyThursday afternoon 1.30pm to 3.30pm and do a
mixture of aclivits'es which you can take part in and hence the name of the group. Everyone is welcome to
drop in and meet the group, to see if this something they would like to be a part of.
Craft Grou
We have a social Craft & Chatter group that meets every Tuesday 9'.30am lo 11'.30am and they teach each
other a range of different crafts.

SBECH COMMUNITY DEVELOPMENT TRUST
Tru$lees' Annual Report
for the year ended 28 February 2025
OUR REGULAR USERS OF THE COMMUNifY CENTRE DURING THE FINANCIAL YEAR {contlnued)
Wei
ht Mana
ement
Healthy You run weekly weight management session on Wednesdays and Thursdays through 1..1 sessions.
The individuals are ident￿￿1 by the local GP surgeries.
Bul
arian
This school meets every Satur(lay. during tenn time. 9.00am- 1.00pm. vthere children are taught Bulgarian
and leam aboul their traditions.
This group meets every Tuesday 1.15pm- 2.15pm and 2.1 Spm - 3.15pm and both are well attended. It
has also attracted several males lo Ihe group. who state that this has hélped with their health & wellb8ing.
This group meets every Tuesday 12.1 5pm- 1.15pm. Thèy work with individuals to help improve their
balance and prevent falls.
This gn)up is for anyDne Y•tho is suffering from social isolation and you will be welcorned with a nice hol
drink. They meel every Tuesday 2pm- 4pm and also have craft actNities for everyone to have a 90 al.
Diabetic Prevent.
Healthy You run weekly Diabetic 1.1 sessons on a Thursday. The individuals are identified by the local GP
surgeries.
raveller Hub
Meet here every Monday. except Bank Hol￿ays. 10'.OOam- 2'.00pm and Can help wth a variety of issues.
ni
This group meets every 11K￿day. 10.00am - 12 no(x). where everyone is invited lo pop along for a hol drink
and a piece of cake and is especially for those wkj suffer from social isolation.
Li
Mir
This gn)up meets once a month on a Thursday 7pm- 9pm and is for children wth a disability.
Kin
s Portal Church
Meet every Sunday 9am- 12noon and is open to everyDn8 to partiapale.
Th Wild Hu
Meel once a month a Sunday 10.45am- 12.45pm.

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 28 February 2025
OUR REGULAR USERS OF THE COMMUNifY CENTRE DURING THE FINANCIAL YEAR {contlnuedl
Wisbech Lions
Hold their monthly meetings on the first Wednesday of the month, here at the Oasis Cenlre.
Rola
Club
Were holding thelr monthly meetings here at the Oasis Centre
1.1 se55ions
NT&AS run some 1.1 s8sslons for tèènagers lo support them through their schooling.
Conferences and meetin
We have an as50rtment of facilities which accommodates small meetings, large meetings or conferences.
We also provide refreshments and buffets lunches. The Centre is easy to find, has car parking facilities and
the number 66 bus stops right outside the Cenlre.
The Centre has Its own Micro Library and this is free lo pin, you can borrow up to 3 books a lime. We are
constantly adding to the selection of books, which caters for all ages.
The C8nlre Gan also provide Information, Advice and Guidance {IAGI lo local residents and h8ve assisted
them wilh many of their issue5, or signposted them to other organisations, where necessary. Staff have
also been working very closèly with Clarion lo help sort out a variety of residenls problems.
The trust continues lo apply for grants to pul on aclivilies. with the support of our partners lo help improve
the lives of our local ¢ommunily.
LOOKING FORWARD
Although the Trust employs a small team lo run the day to day operations of the Cenlre, this team has made
an impact and they are keen lo promote the Centre for the use of local people. The Centre Manag&r is also
working with local partners lo secure funding to hold a variety of activities lo benefit th& local community.
These include Family Fun days, Iheme evenls as well as further learning opportunities. The m051 popular
courses have been the Confiden¢e Building Courses. which have enabled residents to move onto elther
further education courses, training or inlo émployment.
We are continuing to work wrth C18rion, Anglian Water, C8mbrldgeshire County Councll and Fenland
Dislncl Council to look al the possibility of extending the curTenl Oasis Cenlre. lo include a Multi-purpose
Sports Hall, with sprung fl¢)oring, a Community Café area and a youth room. These are all areas that the
community has highlighted as facilities that they would like. bul we currently cannot accommodate in the
current formal of our rooms. We are in discussion with CCC re leasing their land beside the current sile
and once we have this secured, we can apply for planning permission and funding. We did consult wrth the
community 14 years ago and they told us that is whal the area needed and during our recent consullalion,
the local residents confirm that this is still the case.
Th8 Oasis Centre has been affected by the Cosl-of-Living Crisis, as well as continuing to recover from the
impact of COVID 19. like all Community Centres and we have been working hard wlh partner organisalions
and local residents, lo re-inslale group aclivilies. With regards to the Cost￿l-L1VIng Crisis, this has meant
an increase in our overheads. which we are unable lo pass onlo our groups. as they are also struggling 10
survive with number of participants attending. This will continue to have an effect on the income for the
Trust in the next financial year and we are looking inlo a number of wayE that we can reduce our overhead
costs.
Following the year end the Trust will install Solar Panels onto the Centre lo help ￿duce electricity costs. this
will be made possible by a grant through Cambridgeshire County Council. They are also looking at other
cost effects've measures Ihal they can implement to help rduce our overheads.

SBECH COMMUNITY DEVELOPMENT TRUST
Trustees, Annual Report
for the year ended 28 February 2025
THE TRUSTEES
The Tnjstees served the charitat￿e company durin9 the p8rH)d are listed on Ihe legal and
administrative infomalion page. on page 1.
TRUSTEES. RESPONSIBILMES
The truslegs (who are also the directors of Wist)ech Community Development Trust for the purposes of
company law) are responsible for preparing the Trustees Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounts'ng Slandards {United Kingdom Generally
Accepted Accounting Praclicel.
Company law requires the trustees to wepare financial slatem8nls for each financial year which give a true
and fair view of the slate of affairs of the chantable company and of Ihe incoming resources and application
of resourcas, including the income and expenditure. of the charilable company for that period. In prèparing
these financial statements. the tnjstees are required lo-
select suitable accounting poliues and then apply them consistenuy..
obserye the methods and principles in the Charilies SORP;
make judgements and eslimales that are reasonable and prudent".
statè whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the finanaal statements on the going concern basis unless il is inappropriate to presume that
the charitable company IMII conlinue in operakn'on.
The truslees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any lime the financial position of the charitable company and enable them to ensu￿ that the financial
statements comply with the Companies Acl 20(￿. The trustees are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable steps for Ihe prevention and detection of
fraud and other irregulantses.
PUBLIC BENEFIT
The Iruslees have considered the Charity Commission's guidance on public benefit and beli&v8 that the
objects of the trust and the activities undertaken support this publ￿ benefit.
Th& Iruslees consider Ihat the full details of the public benefit have been displayed wlhin the review of
activities and the futu￿ development ￿anned.
INDEPENDENT EXAAIINER
A resolulion lo r￿apPOint M A East of Moore Thompson as independent examiner for the ensuing year will
be proposed at the annual general meeting.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provisions for small companies under Part 15
of the Companies Act 20(￿.
Signed by order of the Trustees
TJ Jordan - Chalr
Approved by the Trustees on
13
li

Independenl Examinerfs Report to the trustees of the
SBECH COMMUNITY DEVELOPMENT TRUST
I report to the charity trustees on my examination of the accounts of the charity for the year ended 28
February 2025 wh￿h arn s8t out on pages 8 to 21.
Respon$lbllltlo$ and basls of roport
As the charity trustees of the company {8nd also its diredors for th8 purpos8s of company law) you are
responsib￿ for th8 préparats'on of the aCc￿nts in accordance the requirements of the Companies Act
2006 {'the 2006 Act,).
Having satisfied mysell that Ihe accounts of the ￿rnpanY are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in ￿sPect of my examination of your
company's accounls as Carried oul under section 145 of the Charities Act 2011 ('the 2011 Act.). In Carrying
out my examination I have followed Ihe Directi￿$ given by the Charity Commission under section 145151{b)
of the 2011 Act.
Independent exam1￿￿* statement
I have complet8d my examination. I confimi that no matters have come lo my attention in connection with
the examination giving me Cause to believe that in any material respect:
accounting recwls were not kept in respect of Ihe charity as required by section 130 of the Act.. or
2. the accounts do not ac¢wd with those records: or
3. the accounts do not comply wth the accountivKJ requirements of sectson 396 of the 2006 Act other
than any requiremenl Ihal the accounts give a'true and fair viev¥ which is not a matter considered as
part of an independent examinakn"on: or
4. the aCC￿nts have nol b8en prepared in accordance wth the methods and principles of the
Statement of Recommended Pfaclice for 8ccounlin9 and reporting by charili85 applicable lo charitles
preparlng their acGounts in aCC￿danCe %Mth the Financial Reporting Standard applicable in the UK
and Republk ol Ireland (FRS 102).
I have no conc8ms and have come across no other matters in connection with the examination lo vthich
attenlion sht)uld be drawn in this report in order to enable a prop8r undetstandiro of the accounts to be
reached.
.A East FCCA
Moore Thompson
Chartered Accountants
Spalding
Date:
)u¥

WISBECH COMMUNITY DEVELOPMENT TRUST
Statement of Financial Activities lincluding Income and Expenditure account)
for the year ended 28 February 2025
2025
Unr•$trl¢l•d Rostrlctod
Funds
Funds
2024
Total
Funds
Total
Funds
Nolo
Donations aThJ grants
Charitable adivities
645
18.906
19,551
114,574
1.457
36,433
114,574
1.457
97,185
918
Investments
Total Incom•
116,676
18.906
135,582
134,536
Expeftdlturo on:
Charitable activities
Support and Govemance costs
Total expendltur•
118.594
8.279
47.666
22
166.260
8,301
174,561
147.807
7,613
155,420
126,873
47.688
Nat •xp8ndltur•
{10,197)
128,782)
138.979
120,8841
Transfers between funds
Net movement In funds
(10,197)
(28,782)
138,979)
120,8841
R•conclllallon of funds:
Total funds broughl fcThafd
Total funds cgrrled forward
138.363
128,166
1.269.939
1.241.157
1.408.302
1.369.323
1,429,186
1,408,302
10
All of the activits'es of the charity are dassed as o)nlinuing aclivilies.
The slatemonl of Financial Actsvities includes all gaitKS and losses recognised in the year.
Th8 notes on pages 10 to 21 fom part of these financial ststements.

WISBECH COMMUNITY DEVELOPMENT TRUST
Balance Sheet
At 28 February 2025
2025
2024
Note
Flx•d assets
Tangible assets
1,192,820
1,211,594
Currenl assets
Oeblors
Cash al bank and in hand
18,953
182,878
201,831
16,991
207,293
224,284
Credltor8: Amount8 falllng due
wlthln ona year
125,328}
(27,576}
Net current a880ts
176,503
196,708
Total assets less current Ilabllltle3
1,369,323
1,408,302
Fund$
Unrestricted
Reslricled
10
11
128,166
1.241.157
138,363
1,269,939
1.408,302
1.369.323
The accounts have been prepared in accordance with the provisions applicable to companies subject lo the
sm811 companies regim& for Ihe year ended 28 Febnjary 2025.. the charity was entitled to exemption from
audit under Section 477 of the Compani8s Act 2006 Ith8 Act) relating lo small companies.
Directors, responsibili185'.
lil The members have not requlred the charlty lo obtaln an audlt of Ils accounls lor the year Sn quesllon
in accordance with Section 476
(ill the dire¢lors acknowledge their responsibilities for complyng with the requirements of the Act with
respect lo accounting records and the preparation of accounts.
These financial statements were approved and authorised by the Trustees on l
signed on their behalf by:
201
an
T J Jordan - Chalr
ty Chalr
Company Number: 04329558
The notes on pages 10 10 21 form part of these financial ststemenls.

SBECH commuN￿y DEVELOPMENT TRUST
Notes to the Financlal Statements
for the year ended 28 February 2025
1. A¢¢ounting policies
General infommlion and basis of accounting
Wisbech C(Nmmunity Development Trust is a company limited by guarantee registered in England and
Wales. In the event of the charitable company being wDund up. the liability in respect of the guarantee
is limited to £1 per member of the charity. The number of guarantors at 28 February 2025 was 11 {2024
13).
The address of the registered office of the charity is given in the charity information on page 1 of these
financial slalemenls. The nature of the charitys operations and Pfincipal aclivilies is the provision of a
community centre for the inhabitants of Wisbech and the surrounding area.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordan￿ with Accounting and Reporting by Charities." Slalement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of IrelarMI issued in Oclober 2019, the Financial Reporting
Standard applicable in the United Kingdom and RepublTrc of Ireland IFRS 1021. the Charities Act 2011.
the Companies Acl 2{￿ and UK Generalty Accepted Accounting Practice.
The financial statements are prepared on a going concem basis under the historical cost convention.
modified to include certain items al fair value. The financial slatemenls are presenled in sterling which
is the functional currency of Ihe charity.
The significant accounbng kK)I￿leS applied in the preparation a￿ sel oul below. These policie5 have
been consisten￿Y applied to all years presenled unless olherwise sialed.
Funds
Unrestricted funds are available for use al the discrelion of Ihe trustees in fvrtherance of the general
objectives of the charity and which have nol been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the tnjstees for particular
purposes. The airn and use of each designated fund 15 set out in the notes to the finanaal stalernents.
Restricted funds are funds which are lo be used in accordance wilh specific restrictions imFh)sed by
donors or which have been raised by the charity for pat1icular purposes. The cost of raising and
administering such funds are charged against the specffic fund. The aim and use of each restricted
fund is sel out in the r￿leS to the financ￿$ statements.
Income recognition
l incoming res￿r￿ a￿ included in the Statement of Financkil Activities when the charity is legally
entl￿e￿ to the income after any performance conditions have been mel, the amount can be measured
reliably and it is prOba￿e that the income V•ryll be received.
For donations lo be recognised the charity wll have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of perfomiance
before ents"tlement can be obtained then income is deferre(l until those conditions are fully met or the
fuifilment of those conditions is wthin the control of the charity and it is probable that they will be
fulfilled.
Donated facilities and donated professional services are recrynised in income at their fair value when
their economic benefil is probable, it can be measured reliably and the charity has control over the
item. Fair value is delemined on the basis of the value of the gift lo the charity.
No amount is induded in the financial statements for volunteer time in line wtlh Ihe SORP IFRS 102).
10-

SBECH COMMUNtrY DEVELOPMENT TRUST
Notes to the Flnanclal Statements (contlnued)
for the year ended 28 February 2025
1. keountlng pollcles (contlnued)
Incom& r•cognftlon (contlnuedl
Income from govemmenl and other grants are recognised al fair value vthen the charity has enliuement
after any p8rfomiance conditions have been mel. it is prot)a￿e that the income will bo received and the
amount can be measured reliat4y.ll entitlement is not met then these amounts are deferred.
Interest on funds held on Ileposit is included when receivable and the arn￿nt can be measured r81iably
by the company; this is nonnally urKsn nolrficatson of the interest paid or payable by the bank.
Expondltur• r￿ognItIOn
All expenditure is accounted for on an accruals basis and has been dassified under headings that
aggregate all costs related lo the calegory. Expenditure is recognised where there is a legal or
constructive obligation lo make payments to third parties. it is probable that the settlement will be
required and the amount of otAigation can b8 measured reliably.
Charitable activity expenditure is detailed in not8 5 to the financial $tatemenls. These 6xpons8s are
subcategorised b8hyeen charita￿e acliviknes, support costs and govemance costs.
Support costs are those that assist the work of the charity bul do not direcyy represent charitsble
activities arKJ include office costs, computer costs. and bank charges. They are incurred directly In
support of expenditure on the objects ol the charity.
Govemance costs are costs of charitable activities bul those vthich relate lo the govem8nce and
siewardshlp of the charity rather Ihan dlrecty to the activlti8s th8mselves.
Flxod a•Mt•
Tangibl8 fixed assèts are Stat￿ at cosl188s accurnulated depreciation and accumulated imp8imi8nt
losses. Cosl Includes costs directy attn'bulable lo m8klng the asset C8P8ble of oper8ts.ng as intended.
D•pr•clatlon
D8preciab'on is provided on all tangib￿ fixed assets. al rates calculated to write off the cost, ￿8S
estimaled residual value, of each assel on a systematic basis over its expected useful life as follows..
Leasehold buildings
Stra￿ht line over the temi of the ￿8$0 agreement
Equipment
25% per annum Stra￿h1 lin8
Computer equiFKnent
25% per annum straight line
Building fixiures & fitlings
6.67% per annum stratqht line115 years)
D•btors and credllors r•c•fvabl¢lpayable wlthln ono year
Debtors and creditors with no staled interest rate and receivable or payable viithin one year are
recorded at transaction price. Any k)sses arising from irnpairmenl aro recognised in expenditure.
Employ00 bèneffts
The charity operates a defined conlribulion pension scheme for employe05. The assets of the scheme
are hekl separately from those of the charity. The annual contributions payable are charged lo tt)e
Staternent of Financial Activitie5.
Taxatlon
charity ts an exempt thaiity within the meaning of schedule 3 of the Chariknes Acl 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and th8refor8 it
meets the definition ol a charitable cornpany for UK c(¥porakn'on tax purposes.
11

WISBECH commuN￿y DEVELOPMENT TRUST
Notes to the Flnanclal Statsments (contlnued)
for the year ended 28 February 2025
1. A¢¢ountlng pollcles (contlnued)
Golng concern
The finanual statements have been prepared on a going concem basis as the trustees believe that no
maleTial uncertaints'es exist. The trustees have considered the level of funds held and the expected
level of income and expenditure for 12 months from aulhorising these financial statements. The
budgeted income and expenditure is sufficienl with the level of reserves for the charity to be able to
continue as a going concem.
Judgèmènts and kèy sour¢o8 of estlmatlon un¢•rtalnty
The preparation of the financial statements requires management lo make judgements, estimat&s and
assumptions that affect the amounts reFM)rted. These eslimales and judgements are Continually
reviewed and are based on eX￿rIenCe and other factors. including expectations of future events that
are believed lo be reasonable under the circumslances. Revisions lo accounting eslimales ar8
recognised in the period in which Ihe estimate is revised if the revision affects only that period or in the
period of the revision and lulure periods if the ffjvision affects both current and future penods.
The useful economic life used to depreciate tangible fixed assets relates to the expected future
performance of the assets acquired and management's ests'mate of the pèriod over which economic
benefit will be derived from the asset.
The residual value of an asset is the estimated fair value of that asset al the end of its useful economlc
life and therefore is also d8pendenl upon the estsmalion of that lifè span.
Historically, changes lo the useful economic lrfe and ￿sidUal values have not had a material impact on
the depre￿atIOn amount charge lo the Statement of Financial Activities.
Cut-off is applied at the year end date. An eslimalion of income or expenditure applicable lo the
r818vant period musl b8 applied wh8n the receipt or pa￿￿ent relates to a different period to the year
Operatlng leas• agreements
Rentals applicable to operating ￿aSt$ wh8Te substantially all of the benefits and risk of ownership
remain with the lessor are Charged against profits on a straight line basis over the penod of the lease.
12-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Flnancial Statements (contlnued)
for the year ended 28 February 2025
2. Income from donatlons and grants
Total
Funds
2025
Unrestrlcted Restrlcted
Funds
Funds
Total
2024
Donations
145
145
Grants..
Cambridgeshire County Council
Cambridgeshire City Council
Fenland District Council - Covid-19
Wisbech Town Council
5.267
5,267
600
600
500
Local govemment grants
CLLD - IT Proje¢l
Gate Herts
Hunts Forum
Tesco- Groundwork
Cambridgeshire ACRE
National Lottery- Cost of Living
GRT Inflatables
Assura - Obesity Project
CPSL Mind
5.867
5.867
500
1.500
1.000
350
1,000
1.140
30,938
3,580
5,610
996
2,854
3.580
5.610
996
2,854
500
500
Institutional grants
500
13,039
13,539
35,928
Tolal grants
Tolal donations and grdnls
500
18.906
19,406
36,428
645
18.906
19.551
36,433
3. Charitable activities income
Total
Funds
2025
Unrestricted Restrlcted
Funds
Funds
Total
2024
Provision of a community centre
114,574
114,574
97,185
4. Investment Income
Unrestricted Restricted
Funds
Funds
Totsl
2025
Total
2024
Bank interesl receivable
1,457
1.457
918
13-

S8ECH COMMUN￿￿ DEVELOPMENT TRUST
Notes to the Flnanclal Statements (contlnued)
for the year ended 28 February 2025
5. Expendlluro
Note
Unrestrlcted Restrlctod
Funds
Funds
TfAal
2025
Total Funds
2024
Chariiable acts'vities
Purchases
Waterlees in Bk)om
Rales and water
Light and heat
Repairs and renewals
Refus8 coll8ction, laundry and cl8aning
Insurance
Training
Sundries
Professional fees
Wages and salaries
National insurance
Pension cosl
Deprociation
161
81
242
328
461
765
21,917
8.020
2,342
3.285
1.153
440
2.149
15.267
8.008
2.270
3,549
2,149
18.557
8,008
2,270
3,549
6.972
30
3.290
6.792
30
83.586
1,434
7,349
90,935
1,434
1,990
30.124
87,678
1.446
1.865
18,107
147,807
30.124
118,594
47,666
166.260
b. Support costs
Office costs
Computer costs
Bank Charges
4.087
1.705
273
22
4,109
1,705
273
3,737
1,605
251
22
6,087
5,593
Govemance costs
Indep6rKJenl examiner's fees
Total expenditure
2.214
126,873
2,214
174.561
2.020
155,420
47,688
14-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Flnanclal Ststements {contlnued)
for the year ended 28 February 2025
6. Slaff costs and èmployee benefrts
The aggregate payToII costs were..
2025
2024
Wages and salaries
Social security costs
Other pension costs
90.935
1,434
1,990
94,359
87,678
1.446
1,865
90.989
No employee received total employee benefrts (excluding employer pension costs) of more than
£60,000 in either the currenl or prior year.
The average number of staff based on average head count during thè year was..
2025
No.
2024
No.
Full time
Part time
The average number of staff employed equating lo the full time equivalent dunng the year was..
2025
2024
Full time
Part time
No amounts are payable to the trustees in respect of remuneration. benefits in kind or reimbursement
of expenses.
15-

SBECH COMMUNrrY DEVELOPMENT TRUST
Notes to the Flnanclal Statements (contlnued)
for the year ended 28 February 2025
7. Tangible fixed assets
Bulldlng
fixtures &
ffttings
Loasohold
Cornputer
property Equipment equipment
Total
Cost
Al 1 March 2024
Additions
Transfers
Disposals
1.493.859
64.150
95.585
1,653,594
11,350
11,350
19.944
{17.308)
{2.636}
(288)
{84.804)
(85.0921
At 28 February 2025
1.476.551
61.226
10.781
31,294
1,579,852
Depreciation
At 1 March 2024
Transfers
Charge for Ihe year
On disposals
288,289
(1.962>
15.081
60.593
93,118
442,000
1,962
12.196
380
(288)
2.467
{84.804}
30,124
{85,092}
At 28 February 2025
301.408
60.685
10.781
14,158
387,032
Net l)ook value
At 28 February 2025
1.175.143
541
17,136
1.192.820
At 29 February 2024
1,205,570
3.557
2.467
1,211.594
8. Debtors
2025
2024
Trade debtors
Prepayments and sundry debtors
14.566
4.387
18,953
15.957
1,034
16,991
9. Creditors: Amounts fallÉng due wlthln one year
2025
2024
Trade creditors
Taxation and S￿la1 security
AccTuals and deferred income
4.333
1.613
19.382
25,328
10.067
1,427
16,082
27,576
16-

YISBECH COMMUNrrY DEVELOPMENT TRUST
Notes to the Financial Statements (continued)
for the year ended 28 February 2025
10. Statement of funds
Movement in resources
Balance * 1
March 2024 Incoming
Balance at
Outgoing Transfers 28 Feb 2025
Designated funds
Building emergency mainlenancE
New extension inveskngati(
costs
75.000
75.000
25.000
25,000
General funds
General fu￿1
38.363
138.363
116.676
116.676
1126,8731
1126,8731
28.166
128,166
Total unrestrTrcted funds
Rastrfcted funds
Oasis Community Centre
New Extension fund
Anglia in 8k￿M fund
CCC- GRT Hub
Cambs ACRE- Community
Living Room
Nat. Lottery- Cost of Lmng
WTC - Allsorts
1,268,977
254
514
194
(30,1241
1,238,853
254
905
149
11091
(45>
3.580
5.610
100
(3,580)
(5.6101
(1001
(5,267)
(2,8531
CCC - IT project
Assura - Obesity Project
GRT- Inflatables
5.267
2.853
996
Total restricted funds
1,269,939
18,906
(47,688)
1.241.157
Total funds
1.408.302
135.582
174.561
1,369,323
17-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements (contlnued)
for the year ended 28 February 2025
10. Stat•m•nt of funds (continuedl
Analysls of net assets
Tanglblo
flxed assots
Cash and
bank
Other net
assets
Total
Deslgnated funds
Building emergency mainlenance
New extension invests'galion costs
General funds
General fund
75.000
25.000
75.000
25,000
541
23,332
123,332
4,293
4.293
28,166
128.166
Total unrèstricted funds
541
Restrl¢tod fund8
Oasis Community C8nlr8
New Extension fund
CCC- GRT Hub
Anglia in Bloom fund
Cambs. ACRE- Community Living Room
Assura - Obesity Project
GR T- Inflatables
1,192.278
46.575
254
149
905
2,280
8,388
996
1,238.853
254
149
905
12,2801
18.3881
996
Tolal reslri¢led funds
1.192.278
59.547
{10.668)
1.241.157
Tolal funds
1,192,819
6,375
182,879 ￿ 1.369,323
Bulldlng Emorg8n¢y Malnt•nanc• Fund - This represents funds designaled from general funds lo be
reserved for the exceptional maintenance of the community cenlre. These funds remain unrestricted
and ar8 used al the discretion of the Iruslees.
Now Exlenslon Invostlgatlon Costs Fund r8presenls funds raised for the purpose of looking lo build
an extension to the Current property. The funds remain unrestricted and are at the discretion of the
trustees.
Oa818 Communlty Cantra This represents fundin9 received on the planning and construction of the
community cenlre. The resourGgs expended represent the depreciation being charged in the year on
the fixed as50t5 acquired and in use as part of Ihe proje¢l.
GRT Hub - represents Cambridge5hir8 County Council funds to provide a member of $18ff and
resources to deliver a project lo the GRT community. This remaining funds are for resources required
in the future for this group.
wrc Anglla In Bloom Fund - This represents funding received from Wisbech Town Council for the
Waterlees in Bloom project. The resources expended represent costs incurred in delivering projects
across the Walerlees ward, for the local residents. The group is run by volunleers from the Trusl,
residents and other local organisalions.
Carnbridgeshire ACRE This represents funds received ￿ Living Room Grant, to support rural and
urban community centres. This fund is for the provision of a community café , lo support local residents
overcome social i501alion and access information. advice and guidance.
18-

SBECH COMMUNrrY DEVELOPMENT TRUST
Notes to the Financlal Statements {¢ontlnued)
for the year ended 28 February 2025
10. Statement of funds (contlnued)
National Lottery - Cosl of Living Fund - This represents funds received by the Trust lo fund an
Inlomation. Advice & Guidance project lo SUp￿rt local ￿Sidents thr¢)ugh the Cost of Living crisls and
Ihis fund was to help cover the wages cost of staff providing this service.
wrc - All Sorts - This represents initial lunds received to establish a new group called Allsorts.
GRT - Inflatables - This represents funds held on account. with further funding anticipated to acquire
swmming pool inflatables.
Assura - Obeslty Prolect - Thts represents fvnds received to run 2 low impact groups and 2 walking
foolball groups over the next 20 weeks to assist is lowering rales of obosity.
ccc - rr Prthct- This represents funds received to provlde IT equiment for the Freedom café.
11. Control relatlonshlp
The ¢harity is controlw by the Irustees i￿ntlY and no individual can or does exert control over the
others.
19-

SBECH COMMUNrrY DEVELOPMENT TRUST
Notes to the Flnanclal Statements (contlnued)
for the year ended 28 February 2025
12. Fund comparatlves
2024
Unrgs¢ricted Restricted
Funds
Funds
Total
Funds
Income from:
Donations and ￿aCleS
Charitable activiknes
36.428
36.433
97.185
97.185
Investrnents
918
918
Tolal Incom•
98.108
36,428
134.536
Exp?ndllur• on:
Charitable activities
103.750
51.670
155.420
Total oxpgndllur•
103,750
51,670
155,420
N•1 0x￿ndIt￿r0
5,642
15.242
20,884
M0￿Ment In resources
Balance at
1 Mar 2023 In¢omlng
Balance at
Oirtgolng Translors 29 Fab 2024
D•slgnaled lunds
Building emergency malnlenancÉ
New extension investsgation
costs
75,000
75.000
25,000
25,lJOO
G•n•rnl fund•
General fund
44.005
98.108
1103.750>
1103,7501
38,363
138.363
Tol81 unrestricted lunds
R•$lrlclod funds
Oasis Community Centre
New Extension furKI
Anglia in Bloom fund
CCC- GRT Hub
CLLD - Clarion IT Project
Hunts Fom) - Skills Swap
Gale - Herts
TescolGroundwork
Cambs ACRE- Community
Living Room
Nat. Lottery- Cosl of LivirvJ
144,005
98,108
1.284.237
254
271
419
(15.260)
1,268,977
254
514
{257)
1225)
{1.500)
{350)
11.OCK))
(1.000)
1.500
350
1.140
30.938
11.1401
130,9381
Total restricted funds
1.285.181
36.428
151,670)
1.269,939
Total funds
1,429.186
134,536
1155,420)
1,408,302

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements {contlnued)
for the year ended 28 February 2025
12. Fund comparatives {contlnued)
Analysis of n•t assels
Tangible
flxed assets
Cash and
bank
other net
assets
Total
Deslgnated funds
Building emergency maintenance
New extension investigation costs
75,000
25,000
75.000
25,000
General funds
General fund
6,024
35,954
(3,6151
3,615)
38,363
Total unrestricted funds
6,024
135.954
138,363
Restricted funds
Oasis Community Centre
New Extension fund
Anglia in Bloom fund
CCC - GRT Hub
Cambs ACRE- Community Living Room
Nat. Lottery- Cost of Living
Total restricted funds
1,205,570
63,407
254
514
1.268,977
254
514
194
1,360
5,610
71,339
11,360)
(5,6101
(6.970)
1,205,570
1,269,939
Total funds
1,211,594
207.293
10,585
1,408,302
21