Company reglstralion number: 05713281
Charity registration number: 1113703
Ockment Centre
(A oThpany limited by guarantse)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
WESTCOTTS
CNIJR TERED ACCQUIITAMTS
* ￿￿S1¥*E￿5 AOV15E5E5

Ockment Centre
Contents
Reference and Administrativ8 Details
Trustees. Report
2to4
Independent Examineffs Report
Statement of Financial Activitles
Balance Sheet
Notes to the Financial Statements
8t016

Ockment Centre
Reference and Administrative Details
Chainnan
Michael Saunby
Trustses
Tony Leech
Chrissie Read
Sarah Potterton (Tesigned 31 December 2024)
Zoe Bradshaw (resigned 29 July 2024)
Sacretsry
Donna Middleton
Charlty Registration Number
1113703
Company Reg15tratlon Number 05713281
Registered 0ffi¢o
Ocknient Centr8
North Street
Okehampton
Devon
EX20 1AR
Indepond•nt Examiner
WestfJ)tts (SW) LLP
Tlmberty
South Street
Axmlnstar
Devon
EX13 SAD
WestC4)tts
Timberly
South Street
Axminster
Devon
EX13 SAD
A¢¢ountants
Page 1

Ockment Centre
Trustees. Report
The trustees, who are directors for th8 purposes of company law, present the annual report together
with the financial statéments of the charitable company for the year ended 31 March 2025.
Objectives and activities
Objects and alms
The charity provides and maintains a community oentre for the inhabitants of the parishes of
Okehampton and surrounding area, for meetings. lectures and classes. and for other forms or
recreation and leisure time occupation, with the object of improving the conditions of life for the said
nhabitants.
Public benefft
The tTUStees 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.
Achievements and perfonnance
The Ockment Centre has had another busy year. The Work Club continues to be an invaluable
service for the local community, and we are very gratefLs1 for the continued support from Okehamptan
United Charities. In November we took on the running of the Community Fridge and rescue an
averag8 of 1.OOOkgs food a month. Our signposting s8NIc8s are reqUI￿d daily with ever increasing
frjotfall into the Centr8.
We have a good working relallonshlp with the Citizens Advice {who remain based at the Centre) and
a huge varfety of Community Groups who use the Centre.
We have a very strong team of slaff and volunteers who work tirelessly for the good of the Centre, our
customers. the garden and the local community.
Inanclal revlew
Total incoming resources during the year were £109,671 (2024". £125,206). A totsl of £24,147 (2024:
£34.508) was received in grants and donations.
Reserves Policy
The trustees are satisfied that the level of reserves, as shown on the balance sheet, 15 adequate to
cover known and anticipated costs in the short tem. The trustees aim to hold one months of
unrestricted expenditure in reserves which equates to £9.128. The level of unrestricted reserves at 31
March 2025 exceed5 this balance.
Structure. governance and management
Recruitment and appointment of trustees
The recruitment of new trustees is locally oriented and the trustees work togelher to ensure
candidates have equal opportunities and the best interests of the charity always remain forefronL
Support and training will be given as required.
Page 2

Ockment Centre
Trustees. Report
Organlsational structure
The organisation is a charitable company limited by guarantee, incorporated in 17 February 2006 and
registered as a charity on 7 April 2006. The charity was established under a Memorandum of
Asso¢iation whi¢h establlshed thé objects and powers of the charitable company and Is govemed
under its Articles of Association. In the event of the company being wound up, members are required
to contrlbute £1.
Th8 charity is a not for profil organisatlon govern8d by a board of trustees. There are a small team of
staff and a manager who deal with the day to day management of the charity.
Rlsk Management
Risks to which the charity is exposed have beèn addressed by a review of the Trustees. Thè financial
re¢ords of the charity are written up each month and a report of the position to date reported to the
Board. Each project is closely monitored to assess the progress against budgeted income and costs.
Internal risks are minimised by procedures which require authorisation of all transactions and a
system of regular supeTvision and appralsal to ensure consistent qualty of delivery of all operational
aspects of the charitable company.
Statement of tru$tse$' fesponsibilities
The trustees (who are also the directors of Ockment Centre for the purposes of company law) are
responsible for preparing the trustees, report and thé financial statements in ac￿rdanCe with
applicable law and United Kingdom A¢¢ounting Standards (Unlted Klngdom Generally Accepted
Accounting Practice), induding FRS 102 "The Financial R8POrting Standard applicable in the UK and
Republlc of Ireland"
Company law requires the Iruste8S to pr8pare financlal statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satlsfied that
they give a true and fair view of thé slate of affairs of the charitabl8 company and of Ihe incoming
resourcés and application of resources, including its income and expenditure, of the charilable
Company for that period. In preparing these financial statemenls, the trustees are required to..
select suitable accounting policies and apply them consistently:
observ8 the méthods and princlples in the Charities SORP-.
make judgements and estimates that are reasonablé and prudent;
stste whether applicable accounting standards, comprising FRS 102 have been followed. subject
to any material departures dis¢losed and explained in the financial statemenl$- and
prepare the financial statèments on the going concem basis unless it Is inapproprlale to presume
that the charltsble ￿MpanY will continue in business.
The trustees are responsiblé for keéplng proper accountlng records that can dlsclose wlth r6asonabl8
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial stat8menls comply with the Companles Act 2006. They arè also responsible for
safeguarding the assets of the Charilable company and hence for taking reasonable steps for the
prevention and delection of fraud and other Irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
infomiation included on th8 charitable ¢ompanVs website. Législation goveming the preparation and
dissemination of financial statements may differ from legislation In other jurisdictions.
Page 3

Ockment Centre
Trustses, Report
The annual report was approved by the Iruslees of the charity on
behalf by..
..25. and signed on fts
Michael
Chaimian
Page 4

Ockment Centre
Independent Examlner's Report to the trustees of Ockment Centré (Ihe
Company.)
I rèport to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
Responslbllltles and basls of report
As the charity's Irustees 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 20061'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required lo be audited under Part
16 of the 2006 Acl and are eligible for independent examination, I report in respect of my examination
of your charlty's accounts as carriéd out under séction 145 of the Charities Act 2011 rthè 2011 ACY).
In canying out my examination I have followed Ihe Directions given by the Charity Commission under
section 145(5}{b) of the 2011 Act.
Independent examinerfs statement
I have completed my examination. I confifm that no matters have come to my attenlion in connection
with the examination giving me cause to believe:
1. accounting records wer8 not kept in respect of Ockment Centre as required by sectlon 386 of the
2006 Act; or
2. the accounts do not accord wlth thos8 récords: or
3. the accounts do not comply with the accounting requirements of section 396 of th8 2006 Act
olher than any requiremenl Ihat the a¢counls give a 'trué 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
tharilies prepartng their accounls in accordance wlth the Financial Reporting Stsndard
applicabl8 in the UK and Republic of Iroland (FRS 1021].
I have no concems and have come across no other matters in connection with th8 examination to
which attention should be drawn in this report in order to enable a proper understsnding of the
accounts to be reached.
Robyn Gifford-England ACA
Westcotts (SW) LLP
rimberty
South Street
Axminster
Devon
EX13 SAD
Date..
?slii12S
Page 5

Ockment Centre
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2025
Total
2024
Nots
Incomo and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
17,164
4,125
79.393
2,006
6,983
24,147
4,125
79,393
2,006
34,508
3,790
85,199
1,709
Totsl income
102,688
6,983
109,671
125.206
Expenditure on:
Raising funds
Charitable activities
2,793
(112,326)
(2.793)
(4.9881
(117.314)
(101.873)
Total expenditure
{109.533)
(7,7811
{117,314)
(101,873)
Net (expenditure)lincome
{6,845)
(798)
(7,643)
23,333
Net movement in funds
(6.845)
(798)
(7,643)
23,333
Reconclllallon of funds
Total funds brought fopward
152,943
105,590
104,792
258,533
235,200
258,533
Total funds carrled forward 16
146,098
250,890
All of the charity's activities dérive from continuing operations during Ihe above two periods.
The fijnds breakdown for 2024 is shown in note 16.
The notes on pages 8 to 16 form an integral part of these financial statements.
Page 6

Ockment Centre
(Registration number: 05713281)
Balance Sheet as at 31 March 2025
2025
2024
Note
Flxed assets
Tangible assels
12
82,056
82,616
Current assats
Debtors
Cash at bank and in hand
13
6,967
167,992
174,959
9,299
176,560
185,859
Creditors". Amounts falling due within one year
Net current assets
14
(6,125)
(9,942)
175.917
168,834
Net assets
250.890
258.533
Funds of the charity:
Restricted income funds
Restricted fund5
104.792
105.590
Unrestrlcted income funds
Unre51ricted funds
146.098
152.943
Totsl funds
16
250,890
258,533
For the financlal year ending 31 March 2025 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating lo small companies.
Directors. r8sponslbilitie5..
The members have not requlred the charity to obtain an audit of its accounts for the year in
question in accordance with section 476. and
Thè directors acknowledge their responsibilities for complying Wlth th8 rèquirements of the Act with
respect to accounttng records and the preparation of accounts.
The fina
cial statements on pages 6 10 16 were approved by the Iruslees. and authorised for issue on
and signed on their behalf by..
Mic
Chairman
Th8 notes on pages 8 to 16 form an integral part of these financial statem8nts.
Pagè 7

Ockment Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Charlty status
The charity is limited by guarantee, incorporated in and consequently does not have share capital.
Each of the trustees is liable lo contribu18 an amount not exceeding £1 towards the assets of the
charity in the evant of liquidation.
The address of its registered officè is..
Ockment Centre
North Street
Okehampton
Devon
EX20 1AR
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial slatemenls are set out
below. These policies have been consistently applied lo all the years presented. unless otherwis8
stated.
Statement of ¢omplianGe
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recomm8nded Pradice (applicable to Charities preparing their accounts in
accordance with the Finanoial 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
Ockment Centre meets the d8finition of a public benefil entity under FRS 102. Assets and liabilities
are initialty recognised al historical cost or transaction value unless othemise statèd in the relévant
accountlng policy notes.
Golng concern
The tTUStees consider that there are no material uncertainties about the charitls ability to continue as
a going concem nor any significant areas of Un￿rtainty that affect the carrying value of assets held by
the charity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumption5 that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, includin9 expectations of future events that
are believed to be reasonable under normal Circumstan￿5.
Income and endowments
All income is recognised once thè charity has entitlement to the incom6, it Is probable that the income
will be réceived and the amount of the incom8 recéivable can bè measured reliably.
Page 8

Ockment Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
Donatlons and legacles
Donations are recognised when the charty has been notffjed in writing of both th8 amount and
settlement date. In the event that a donation is subject to conditions that require a level of
perfomiance by the charity before the charity is entitled to the funds. the Income Is deferred and not
re¢ognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
wilhin the control of th8 charity and h Is probable Ihat Ihese conditions will bè fulfilled in the reporting
period.
Grnnts receivable
Grants are recognised when the charity has an entitlemenl to the funds and any conditions linked to
the grants have béen mét. Whér8 perfomance conditions are attached to the grant and are yet to be
met, the income is recognised as a liability and included on the balance she6t as deferred income to
be released.
Investment income
Dividends are recognised onc8 the dividend has been declared and nolifi¢ation has been rec8iV8d of
the divid8nd due.
Expenditure
All expendilur@ is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be m8asur8d reliably. All costs are allocated to
the applicable expenditure headlng that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources, with central staff costs allocated on the basis of time spent, and depre¢iation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Charltable activities
Charitable expenditure comprises those costs incurred by the charity in th8 delivery of its activities
and services for its b8neficiarl8s. It includes both costs that can be 8llocated direGlly to suth aclivities
and those Costs of an indirect nature necessary lo support them.
Taxatson
The charity is considered to pass the lests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitabl@ company for UK corporation tax purposes.
Accordlngly, the charity is potentially èxempt from taxalion in respe￿ of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or S8Ction
256 of the Taxation of Chargeable Gains Act 1992. to thé éxtènt that such income or gains are
applied excSusively to charitsble purposes,
Tangible fixed assets
Individual fixed assets costlng £100.00 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
Page 9

Ockment Centre
Notes to the Financial Ststements for the Year Ended 31 March 2025
Depreclatlon and amortisation
Dèpréciation is provided on tangible fixed assets so as to wrile off the cost or valuation, less any
estimated residual valuè, over their Èxpected usefijl 8conomic lif6 as follows..
Asset class
Depreclatlon method and rats
No depreciation on freehold buildings
has been charged
33.330A, 20% and 100h straight line
basis
Freehold property
Equipment
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignnlcant risk of change in value.
Borrowlngs
Interest-beating borrowings are initially recorded at fair value, net of transaction costs.
Interest-bearing borrowings are subsequently carried at amortised cost. with the difference betrieen
the proceeds. net of transaction costs. and the amount due on r8demption being recognised as
tharge to the Statement of Financial Activit185 over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effectiv8 Int8r8st method and is included in interest
payable and similar charges.
Bo￿OWing$ are classified as current liabilities unless the charity has an unconditional right to defer
settlement of the liability for at least Iwelve months after the reporting date.
Fund structure
Unrestricted income funds are general fund$ 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 15 restricted to that area or purpose.
Financial instruments
Classlficatlon
Financial assets and financial liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Recognition and measurement
Basic financial instruments are initially recorded at the amount receivable or payable including any
related transaction costs, unless the arrangement constitutes a ffinan￿ng transaction, where it is
recognised at the present value of future payments discounted at a market rate of interest for a similar
debt instrument. Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted. Debt instruments are subsequently
measured at amortised cost.
Page 10

Ocknient Centre
Notes to the Flnanclal Statements for the Year Ended 31 March 2025
3 Income from donation8 and lega¢le$
Unrostrlcted
funds
Gèneral
Restricted
funds
Total
2025
Totsl
2024
Donations
Donations
Grants
Grants from other charities
10.820
10.820
26.165
13.327
8.343
34.508
17.164
6.983
24,147
4 Income from charilable a¢tivitlo8
Unrestrictsd
funds
Genoral
Total
2025
Total
2024
Other Income
4,125
4,125
S Income from other tradlng activiti•8
Unrestrlctod
funds
Genernl
Total
funds
Total
2024
Caterlng
Rental Income
3.601
75.792
79,393
3.601
75.792
3,861
81,338
85,199
79,393
6 Investment income
Unrpstricted
funds
Gonoral
Total
2025
Total
2024
Bank interest recèivable
2,006
2,006
1.709
Page 11

Ockment Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Expendlture on Charitsble activitse$
Analysis of
centre costs
2025
2024
Staff costs
Premises
Communications and IT
Genefal office
Govemance costs
Depreciation
Work Club costs
75,430
26.629
1.825
4,657
3,225
560
4,988
117.314
75,430
26,629
1,825
4,657
3.225
560
4,988
67,357
19,520
2,222
3.305
4,347
560
4.562
117,314
101,873
8 Net incomingloutgoing resources
Net (outgoing)lincoming resources for the year include..
2025
2024
Depreciation of fixed assets
560
560
9 Trustees remuneratlon and expenses
No trustees. nor any persons connecled with Ihem, have received any remuneration from the charity
during the year.
No trustees have re￿iVed any reimbursed èxpènses or any other benefits from the charfty during th8
year.
10 Staff costs
The aggregate payroll costs were as follows..
2025
2024
Staff costs during the year were:
Wages and salaries
Social security Ixsts
Pension costs
77,449
767
2.202
69,958
1,961
80,418
71.919
The monthly average number of persons (induding senior management I leadership team) eTnployed
by the charity during the year was as follows:
2025
2024
Number of staff
Page 12

Ockment Centre
Notes to the Flnancial Ststements for the Year Ended 31 March 2025
No employee received emoluments of more than £60.000 during ihe year {2024: Nil).
11 Independent oxamlnorfs remunorallon
2025
2024
Fees payable to the indapènd8nt examiner for..
Independent examination of the financial statements
785
12 Tangible flxed assets
Furni￿re
and
equipment
Land and
buildings
Total
Cost
At 1 April 2024
93.715
68,785
162,500
At 31 Marth 2025
93,715
68,785
162.500
Depreciation
At 1 April 2024
Charg8 for the year
At 31 March 2025
12,934
66,950
560
79,884
560
12,934
67.510
80,4M
Not book value
At 31 March 2025
80,781
1,275
82,058
At 31 March 2024
80.781
1,835
82,616
13 Debtors
2025
2024
Trade debtors
Prepayments
5.805
1.162
8,129
1,170
6,967
9,299
Page 13

Ockment Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
14 Creditors: amounts falling due within one year
2025
2024
Trade creditors
Other taxation and social security
Other creditors
Accruals
1.836
2,558
290
1,441
6,125
4,941
3.464
86
1.451
9,942
15 Pension and otherschemes
Defined contribution ponsion scheme
The charity operates a dafined conlribullon pension scheme. The pension Cost charge for th8 year
rèpresents ¢ontributions payable by the charity to the scheme and amounted to £2,202 (2024
£1,961).
16 Funds
Balance at
31 March
2025
Balance at I
Aprll 2024
Incomlng
resources
Resources
oxponded
Unrestrlctsd funds
Genernl
General Funds
152,943
102,688
(109,533)
146,098
Restrlcted funds
Restricted fixed asset fund
V18wing plalfom fundraising
Work dub and Community
Fridge
79.523
18,491
79,523
15,698
(2,793)
7.576
6,983
6,983
(4.988)
7,781
9.571
104,792
105,590
Total funds
258,533
109,671
{117.314)
250.890
Page 14

Ockment Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
Balanco at
31 March
2024
Balanco at 1
April 2023
Incoming
resource8
Resources
expended
Unrestrlctsd funds
General
General Funds
146,416
100,698
(94,171)
152,943
Restricted funds
Restricted fixed asset fund
Viewing platform fundraising
West Devon Borough Councll
First aid training
Work club and Community
Fridge
79,523
5,119
79,523
18,491
16,165
{2,793)
(46)
(301)
301
3.795
8,343
(4,562)
17,702)
7,576
88.784
24,508
105,590
Totsl funds
235,200
125,206
(101.873)
258,533
United Charities kindly fund the Work Club for the year which enables The O¢kment Centre to
continue to support those looking for employment.
Our viewing platform fundraising is an ongolng project for the centre gardens.
West Devon Borough Council kindly funded Communty First Aid Training and lovely new garden
fumiture for our beautiful garden.
First ald tralning is funds from WDBC and Okehampton Unlted Charilles towards first aid tralning.
refreshments and trainer costs.
Page 15

Ockment Centre
Notss to the Flnancial Statements for the Y•ar Ended 31 March 2025
17 An1￿1$ of net assets between funds
Unrestrlcted
fund5
General
Total fund8
Restrlcted at 31 March
funds
2025
Tanglble fixad assets
Current assets
Current liabilities
2,533
149,690
16,125
146.098
79.523
25,269
82,056
174.959
16.125
Total net assets
104,792
250,8
Unrestricted
funds
General
Total funds
Restrlctsd at 31 March
fund$
2024
Tanglble fixed a&sets
Current assets
Current liabilities
3,093
159,792
{9,942)
152.943
79,523
26,067
82,616
185,859
(9,942)
258.533
Total net assets
105.590
18 Related party transa¢tion•
There were no related paty transactions in the yBar (2024: Nil).
Page 16