Trustees' Report YE 31 March 2025
The Trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2024.
Trustees and Officers
The trustees and officers serving during the year of 1 April 2024 to 31 March 2025 were as follows:
| Trustees | ||
|---|---|---|
| Marina Asvachin | Chair | |
| Jenny Mitchelmore | Secretary | |
| Marc Sleigh | Treasurer: Resigned Trustee post November 2024 | |
| Jane Begley | ||
| Joy Okumbor | ||
| Leah Whale | ||
| Shirley Russell | ||
| Trustees co-opted this period | ||
| JoJo Spinks | September 2024 (resigned November 2025) | |
| Leah Whale | January 2025 |
This annual report has been prepared in accordance with the small companies' regime under the Companies Act 2006.
The charity operates under the name of the Wonford Community & Learning Centre Limited and is based at the Wonford Community Centre and the Phoenix Suite, Wonford District Centre, Wonford, Exeter EX2 6NF.
Guidance as to operation of public benefit requirement
The Trustees have complied with section 17(5) of the Charities Act 2011 regarding any such guidance when exercising any powers or duties to which the guidance is relevant.
Structure Management & Governance
The charity is governed by the Memorandum and Articles of Association and is a company limited by Guarantee.
The Trustees that served during the period are summarised above.
The Trustees look after different functions.
1
Risk Management
The Trustees of the Wonford Community & Learning Centre Limited have considered the major risks to the charity and its users and have systems in place to manage these risks.
The biggest risk we have had during the past 12 months has been issues with staffing and financial management. We have mitigated throughout this time by frequent staff meetings and stringent monitoring of the financial position.
Public Benefit Statement
The online booking system, installed last financial year, continues to assist with business improvement and productivity.
Membership fees were revised in September 2023 and are now set to renew on an annual basis. Membership of the community centre has increased over the year.
The Trustees meet every month and keep in touch via email and a WhatsApp group.
The centre management team also keep in touch via a WhatsApp group.
Objectives and Activities
The object of the charity is to keep a community centre and the Phoenix suite open for the benefit of the people of Wonford and District. The main role of the Trustees is to secure the financial situation to keep the centre available for all those who wish to use it and to ensure we comply with current and future legislation.
Achievements and Performance
Maintenance of the main services and facilities is carried out by Exeter City Council on a regular basis. This service includes water checks, fire alarms and fire extinguishers, exterior doors and shutters.
The Trustees hold meetings every month and the financial situation is reported and discussed at each meeting. We do not have funds that are in deficit and our policies and hiring charges are reviewed every 12 months.
Throughout 2024 the Centre Manager and Trustees continued to work to improve our staffing team, and we now have a good structure in place, consisting of a team of three part time staff:
-
Administration Assistant
-
Caretaker/General Assistant
-
General Assistant
The centre has a loyal group of volunteers who are very hardworking and assist with various tasks at both the main centre and the Phoenix Suite. The Trustees are extremely grateful for all their help.
2
We have facilitated some extremely successful events such as the ECC Housing Team Family Fun Day and the Big Reveal and Seedbank project. This project involved interaction with the children of Wynstream Primary School, and resulted in the creation of a mural, which now hangs in the main hallway. Following this, a hugely successful Halloween Party in October, and the ‘Wonford Celebration’ photography project, culminating in December 2024. This project involved many local residents whose photographs are still on display in the main hall. General hire of the centre has increased by a wide margin.
In addition, and in conjunction with Neighbourly, we facilitate a food surplus café on Saturday mornings. Together with the Wonford Food Pantry, these services have grown and become widely used by the community.
The annual report was approved by the Trustees of the charity on 11 December 2025 and signed on its behalf by:
Marina Asvachin
…………………………………………..
Marina Asvachin, Chair
Jenny Mitchelmore
…………………………………………..
Jenny Mitchelmore, Company Secretary
3
Company registration number: 05908666 Chartty registration number.. 1116666 Wonford Community & Learning Centre Limited (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 Thompson Jetjner LLP Chartered Accountants I Colleton Crescent Exeter Devon EX2 4DG
Wonford Community & Learning Centre Limited Contents Reference and Administrative Details Trustees, Report 2to3 Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities 6107 Balance Sheet Notes to the Financial Statements 9t017
Wonford Community & Learning Centre Limited Reference and Administrative Details Trustees S A Russell M Asvachin J Mitchelmore J Okumbor J Begley M Sleigh L Whale Secretary J Mitchelmore Charlty Registration Number 1116666 Company Reglstration Number 05908666 The charity is Incoorated in England and Wales. Wonford Community Hall and Phoenix Suite Wonford District Centre Wonford Exeter Devon EX2 6NF Registered Office Independellt Examiner Thompson Jenn¢r LLP Chartered A¢countants I Colleton Crescent Exeter Devon EX2 4DG Page I
Wonford Community & Learning Centre Llmited Trustees, Report The trustee5, who are directors for the purposes of CoMpY law, present the annual report together with the financial statements and auditors, report of tbe charitable company for the year ended 31 March 2025. Trustees and offlcers The trustees and oificers serving during the year and sin¢e the year end were as follows: Tstee5. S A Russell M Asvachin J Mitchelmore J Okumbor J Begley M Sleigh (appointed 10 May 2024) L Whale (appointed 24 January 2025) Secretary: This report has been prepared in accordance with the small companies, regime under tbe Companies Act 2006. J Mitchelmore The cbarity operates under the name of the Wonford Community & Learning Centr¢ Limited and is based at the Wonford Community Centre and tbe Phoenix Suite. Wonford District Centre. Wonford. Ex¢ler, EX2 6NF. Structure Mana ement & Governance The charity is governed by th¢ Memorandum and Articles of Association and is a company limited by Guarantee. The trustees that served during the period are sumnwised above. There is a written policy on training new tnjstees. The trustees look after different fijnctions. The TDJstees hold meetings every month and the financial situation is reported and discussed at each meeting. We do not have funds that are in deficit and our policies and hiring charges are reviewed every 12 months. Maint¢nanc¢ of the main service5 and facilities is carried out by Exeter City Council on a regular basis. This s¢rvic¢ includes water checks, fe alarms and fwe extinguishers, exterior doors and shutters. Our thanks go to the centre manager and the volunteers for their help. Page 2
Wonford Community & Learning Centre Limited Trustees, Report Ob'ectives and Activities The object of the charity is to keep a community centre and Phoenix suite open for the benefit of the people of Wonford and District. The main role of the tn]stees is to secure the financtal situation to keep the centre available for all those who wish to use it and to ensure we comply with current and futyre legislation. Publi¢ Benefit Statement The trustees CODfirrn that they have complied with the requirements of section 17 of the Charitie5 Act 2011 to have due regard to tb¢ public benefit guidan¢e published by the Charity Commission for England and Wales. Achievements and Perfom]ance Throughout 2024 there were many problems with statTing issues. The Trustees have worked to address these, and we now have a good structure in place, consisting of a team of three part time staff.. • Administration Assistant • Caretaker/General Assistant General Assistsnt The centre has a loyal group of volunteers who are very hardworking and assist with various tasks at both the main c¢ntre and th¢ Phoenix Suite. The Trustees are extremely grateful for all their help. During the past year we have installed an online booking system, which has greatly enhanced business and productivity. Membership fees were revised in September 2024 and are now set to renew on an annual basis. The Trustees meet every month and keep in touch via email and a WhatsApp group. The centre management team also keep in touch via a WhatsApp group. Risk Mana ement The trustees of the Wonford Community & Learning Centre Limited have considered the major risks to the charity and its users and have systems in place to n]anage these risks. Reserves As at 31 March 2025, the charity held unrestricted reserves of £15,577 (2024: £11,621) and restrtcted reserves of £124 (2024.. £5,691). The Trnstees monitor the level of reserves to ensure this remains approporate for the charity. The annual report was approved by the trustees of the charity on i.ll 1.%. . M Asvachin Trustee itchelmore Company Secretary and TNstee Page 3
Wonford Community & Learning Centre Limited Statement of Trustees, Responsibilities The trustees (who are also the directors of Wonford Community & Ltarning Centre Limited for tbe purposes of company law) are responsible for preparing the trustees, report and th¢ 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" Company law requires the tSteeS to prepare financial ststements 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 tbe charitable company and of the incoming resources and application of resourc¢s. including its income and expendIre, of the charitable company for that period. In preparing these financial statements, the trnstees are required to: select suitsble accounting policies and apply them consistently* obs¢rv¢ the methods and prin¢iples in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards, comprising FRS 102 have been followed. subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charffttable company will continue in business. The trusfres are responsible for keeping proper accounting records that can disclose wtth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Compani¢s Act 2006. They ar¢ also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for th¢ prevention and detection of fraud and other irregularities. The trustees are responsible for the Maintenance and integrity of the ¢OTporate and finan¢ial infonnation included on the charitable compan)4s website. Legislation governing the preparation and disseminatioll of financial statements may differ from legislation in other jurisdictions. Approved by the trustees of the charlty on .i.Il!.w.l./< and signed on ils behalf by: M Asvachin Trnstee itchelmore Company secretsry and trnstee Page 4
Wonford Community & Learning Centre Limited Independent Examiner's Report to the trustees of Wonford Community & Learning Centre Limited ('the Company,) I report to the charity tNstees on my examination of the accounts of thc Company for th¢ year ended 31 March 2025. Responsibilitie5 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 {'th¢ 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 ¢barity' 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 Conmiission under se¢tion 145(5)(b) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirn] that no matters have come to my &ttention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of Wonford Community & Learning Centre Limited as required by section 386 of tbe 2006 Act. or 2. the accounts do not accord with those records. or 3. the accounts do not comply with th¢ accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'tTue 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 tbeir accounts in accordance witb the Financial Reporting Standard applicabEe in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in ¢onne¢tion with the examination to whi¢h attention should be drawn in this r¢port in order to enable a proper understanding of the accounts to be reached. Dave Tucker FCCA Thompson Jenner LLP Chartered Accountants I Colleton Crescent Exeter Devon EX2 4DG Date:............................. Page 5
Wonford Community & Learnlng Centre Limited Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) UnresÉricted funds Restricted funds Total 2025 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities 3,501 67,630 594 3,850 7,351 67,630 594 Total income 71,725 3.850 75,575 Expenditure on: Charitsble a¢tivitie$ (67,195) (9,991 77.186 Total expenditure (67,195) (9,991) (77,186 Net inc0mel(expendire} Transfers between funds 4,530 574 (6,141) 574 (1,611) Net movement in funds 3,956 (5,567) (1,611) Reconclllatlon of funds Totsl fijnds brought forward 11,621 5,691 17.312 Tolal ndS carried fonvard 15 15,577 124 15,701 The notes on pages 9 to 17 forn) an integral part of these financial statements. Page 6
Wonford Community & Learning Centre Limited Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Prfior Year Comparatlve Figures Unrestricted funds Restrieted funds Total 2024 Note Income and EndowmeDt$ from: Donations and legacies Cbaritable activities Other trading activities 312 48,106 444 10.166 10,478 48,106 444 Total income 48,862 10,166 59,028 Expenditure on: Charitable activities 51,494 6,390 57,884 Total expenditure 51,494 6,390 57,884 Net (expenditure)lincome Transfers betwe¢n funds (2,632) (495) 3,776 495 1.144 Net movement in funds (3,127) 4,271 1,144 Re¢on¢lliation of funds Total funds brought fonvard 14.748 1,420 16,168 Total funds carried fonvard 15 11,621 5,691 17,312 The notes on pages 9 to 17 form an integral part of these financial ststements. Pa8¢ 7
Wonford Community & Learnlng Centre Limlted (Registration number: 05908666) Balance Sheet as at 31 March 2025 2025 2024 Note Flxed assets Tangible assets 12 3.928 2,757 Current assets Cash at bank and in hand 13 21,266 17,394 Creditors: Amounts falllng due wlthln one year 14 9,493 2,839 Net current Assets 11,773 14,555 Net assets 15,701 17,312 Funds of the charity: Restrlcted Income thnds Restricted funds 15 124 5.691 Unrestricted income funds Unrestricted funds 15,577 11,621 Total fuDd5 15 15,701 17,312 For the financial year eoding 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the charity to obtain an audtt of its accounts for the year in question in a¢¢oTdance with section 476; and The directors acknowledge their responsibilities for complying wlth the requir¢m¢nts of the Act with respect to accounting records and the preparation of accounts. The financial ststements on pages 6 to 17 were approved by tbe trnstees, and authorised for is5u¢ on l.i.1.13.1.)A.. and signed on th¢iT behalf by: M Asvachin Truste¢ itcbelmore Company Secr¢tsry and Trustee The notes on pages 9 to 17 fonn an integral part of these financial statements. Page 8
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 I Charity status The charity is limited by guarantee, Inco0[ated in England and Wales, 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.. Wonford Community Hall and Phoenix Suite Wonford District Centre Wonford Exeter Devon EX2 6NF 2 Accounting polieies Summary of significant accountlng polScfi¢$ and key aceouoting estimates Th¢ principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all tbe years presented, unless otherwise Stated. StatemeDt of compuanee The financial statements have been prepared in accordance with Accounting and Reporting by Charities: ststement of Recommended Practice applicable to charities preparing their accounts tn accordance wlth the Financial Reporting Standard 102 and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant a¢¢ounting poli¢y note(s). Basls of preparation Wonford Community and Learning Centre 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. Golng ¢Olleern 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 tbe charity has entitl¢ment to the income, it is probable that the incon]e will be received and the amount of the income re¢¢ivable can be measured reliably. Ilonalions and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement dale. In the event that a donation is subject to ¢onditions that require a level of perfonnance by the charity before the charity is entitled to the fjjnds, the income is def¢ed and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fi]Ifilled in th¢ r¢porting period. Pa8¢ 9
Wonford Commllnlty & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Granls receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfonnance conditions ar¢ attached to the grant and are yet to be mel, the income is recogrnised as a liability and included on the balance sheet as deferred income to be released. Expendlture All expendtture is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured r¢liably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attribufrd to partt¢ular headtngs they have been allocated on a basis consistent witb the use of resources, with central stsff costs allocated on the basis of time spenL and d¢preciation charges allocated on the portion of the asset's us¢. Other support costs are allocated based on the spread of staff costs. Charliable 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 sucb activities and those costs of an indirect nature necessary to Support th¢m. Support cost5 Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per ¢apita, stsff costs by the time Spent and other costs by their usage. Governance costs These include th¢ costs attributable to the charity's Compliance with constitutional and stathtory requirements, including audit, strategic management and trustee5 meetings and reimbursed expenses. Taiatfio The charity is Considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the barity is potentially exempt from taxation in r¢spect of income or capital gains received within categories covered by Chapter 3 Part I l of the COorAtion Tax Act 2010 or Section 256 of the Taxation of Cbargeable Gains Act 1992, to the extent that such income OT gains are applied exclusively to charitsble purposes. Tanglble red assets Individual fixed assets costing £100 or more are initially Tecorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaimient losse5. Depreciation and amorti$ation 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 Plant and equipment Depreelatlon method and rate 250/ts reducing balance basis Pag¢ 10
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Cash and cash equlvalents 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 ar¢ subject to an insignificant risk of change in value. Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if th¢ charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the Creditor for at least twelve months after the r¢porting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-cutrent liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund strueture Unrestricted income fimds are general funds that are available for use at the trustees discretion in rthernce of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specifjc purposes. the use of which is restricted to that area or purpose. Pagell
Wonford Community & Learning Centre Limited ]Yotes to the Financial Statements for the Year Ended 31 March 2025 3 lllcome from donatlolls und legacles Unrestrlcted funds General Restricted funds Total funds Grdnts, including capital grants. Grants received 3,501 3,850 7,351 Total for 2025 3,501 3,850 7.351 Tot21 for 2024 312 10,166 10,478 4 Income from charltable activities Unre$tri¢ted funds General Total funds Hall income 67,630 67,630 Total for 2025 67,630 67,630 Total for 2024 48,106 48,106 5 Income from other trading actlvldes Unrestrleted funds GenerAI Total funds Membership subscriptions Total for 2025 594 594 594 594 Total for 2024 444 444 Page 12
Wonford Communfity & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 6 Expenditure on charltAbRe actlvltles Unrestricted funds General Restrleted fund$ Total funds Note Allo¢ated sUPPOrt costs Goveman¢e Costs 64,675 2,520 9.991 74,666 2,520 Total for 2025 67,195 9,991 77,186 Total for 2024 51,494 6,390 57.884 7 Attalysis of governance and support costs Charitable activities expenditure Unrestricted Total 2025 Total 2024 General Restricted Wages and salaries Bank charges Rent Water rates Light, heat and power Insurance Alarm Telephone and fax Repairs and renewals 37,809 60 37,809 60 6,225 370 9,763 1,047 2.579 2,051 3,353 741 2.841 1,309 6,518 2,520 23,154 6,225 6,215 128 10,311 1,044 2,697 2,093 2,329 1,066 1,705 924 3,278 2,940 370 9,763 1,047 2,579 2,051 3,353 741 2,841 1.178 2,883 2,520 PRS Cleaning Depreciation Sundry expenses Governance costs (analysed below) 131 3,635 67,195 9,991 77,186 57,884 Of the above expenditure £67,195 (2024.. £51,494) was unrestricted and £9.991 (2024: £6,390) was restricled. Page 13
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 GovernAnee costs Unrestrlcted funds General Total funds Independent examiner fees Examination of the financial statements 2,520 2,520 Total for 2025 2,520 2,520 Total for 2024 2,940 2,940 8 Trustees remunerotlon and expenses During the year the charity made the following transactions with trnslees: Three trustees were reimbused a totsl of £nil (2024: £294) in expenses relating to repairs and renewals for the Charity. No trustees, nor any persons cotme¢t¢d with them, have received any rernuneration from tbe charity during the year. No trnstees have received any other benefits from the charity during the year. 9 Staff costs The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalenls was as follows: 2025 2024 Average number of employees No employee Teceived emoluments of more than £60,000 during the year. 10 Independent examiner's remuneratlon 2025 2024 Examination of the financial statements 2,520 2.940 11 TaIAtlon The charity is a regist¢red charity and is therefore exempt from taxation. Page 14
Wonford Community & Learning Centre Limited Notes to the Financlal Statements for the YeAr Ended 31 March 2025 12 ToDgible fixed Assets Plant and equipment Total Cost At l April 2024 Additions 15,631 2,480 15,631 2,480 At 31 March 2025 18,111 18,111 Depreciatio At l April 2024 Charge for the year 12,874 1,309 12,874 1,309 At 31 March 2025 14,183 14,183 Net book value At 31 March 2025 3,928 3,928 At 31 March 2024 2.757 2,757 13 Cash and cash equlvalents 2025 2024 Cash on hand Cash at bank 267 20,999 79 17,315 21,266 17.394 14 Credltors: amounts falling due wlthln one year 2025 2024 Trade creditors Other creditors Pension scheme creditor Accruals 1.556 313 25 2,501 7,937 9,493 2.839 Page 15
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 15 Funds Balance at 31 March 2025 Balance 4t I Aprit 2024 Incorning resources Resources expended Transfers Unre5trlcted fulld$ General Unrestricted funds general Re$trlcted fund5 Restricted funds 11,621 71,725 (67,195) (574) 15,577 5,691 3,850 9,991) 574 124 Total funds 17,312 75.575 77,186) 15,701 Balance at 31 March 2024 Balance at i April 2023 Incornlng resources Resources expended Transfers Unrestrlcted fullds General Unrestricted fid8 general 14,748 48,862 (51,494) (495) 11,621 Restricted R¢stricted funds 1,420 10,166 6.390 495 5,691 Total funds 16,168 59.028 57,884 17,312 The specific purposes for which the funds are to be applied are as follows: Unrestricted filnds are funds available at the trustees discretion for furtherance of the charitable objeGtive5. Restricted fijnds relate to the grants received from EK¢ter City Council and Devon County Council in respect of rent, rates. a computer, blinds, a notice board and to put towards upgrading the Phoenix Suite kitchen. Page 16
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 16 Analysls of net assets between funds Unrestricted funds Genero1 Total fund8 at 31 Mar¢b 2025 Restricted funds Tangible fixed assets Current assets Current liabilities 3,928 21,142 (9.493 3,928 21.266 (9,493) 124 Total net assets 15,577 124 15,701 Unrestrlcted funds General Total funds at 31 Marcb 2024 Restricted fund5 Tangibl¢ fixed assets Current assets Current liabilities 2.232 12,228 (2.839 525 5,166 2,757 17,394 2,839 Total net assets 11,621 5,691 17,312 17 Related party transAedons There were no related party transactions in the year. Page 17
Company registration number: 05908666 Chartty registration number.. 1116666 Wonford Community & Learning Centre Limited (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 Thompson Jetjner LLP Chartered Accountants I Colleton Crescent Exeter Devon EX2 4DG
Wonford Community & Learning Centre Limited Contents Reference and Administrative Details Trustees, Report 2to3 Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities 6107 Balance Sheet Notes to the Financial Statements 9t017
Wonford Community & Learning Centre Limited Reference and Administrative Details Trustees S A Russell M Asvachin J Mitchelmore J Okumbor J Begley M Sleigh L Whale Secretary J Mitchelmore Charlty Registration Number 1116666 Company Reglstration Number 05908666 The charity is Incoorated in England and Wales. Wonford Community Hall and Phoenix Suite Wonford District Centre Wonford Exeter Devon EX2 6NF Registered Office Independellt Examiner Thompson Jenn¢r LLP Chartered A¢countants I Colleton Crescent Exeter Devon EX2 4DG Page I
Wonford Community & Learning Centre Llmited Trustees, Report The trustee5, who are directors for the purposes of CoMpY law, present the annual report together with the financial statements and auditors, report of tbe charitable company for the year ended 31 March 2025. Trustees and offlcers The trustees and oificers serving during the year and sin¢e the year end were as follows: Tstee5. S A Russell M Asvachin J Mitchelmore J Okumbor J Begley M Sleigh (appointed 10 May 2024) L Whale (appointed 24 January 2025) Secretary: This report has been prepared in accordance with the small companies, regime under tbe Companies Act 2006. J Mitchelmore The cbarity operates under the name of the Wonford Community & Learning Centr¢ Limited and is based at the Wonford Community Centre and tbe Phoenix Suite. Wonford District Centre. Wonford. Ex¢ler, EX2 6NF. Structure Mana ement & Governance The charity is governed by th¢ Memorandum and Articles of Association and is a company limited by Guarantee. The trustees that served during the period are sumnwised above. There is a written policy on training new tnjstees. The trustees look after different fijnctions. The TDJstees hold meetings every month and the financial situation is reported and discussed at each meeting. We do not have funds that are in deficit and our policies and hiring charges are reviewed every 12 months. Maint¢nanc¢ of the main service5 and facilities is carried out by Exeter City Council on a regular basis. This s¢rvic¢ includes water checks, fe alarms and fwe extinguishers, exterior doors and shutters. Our thanks go to the centre manager and the volunteers for their help. Page 2
Wonford Community & Learning Centre Limited Trustees, Report Ob'ectives and Activities The object of the charity is to keep a community centre and Phoenix suite open for the benefit of the people of Wonford and District. The main role of the tn]stees is to secure the financtal situation to keep the centre available for all those who wish to use it and to ensure we comply with current and futyre legislation. Publi¢ Benefit Statement The trustees CODfirrn that they have complied with the requirements of section 17 of the Charitie5 Act 2011 to have due regard to tb¢ public benefit guidan¢e published by the Charity Commission for England and Wales. Achievements and Perfom]ance Throughout 2024 there were many problems with statTing issues. The Trustees have worked to address these, and we now have a good structure in place, consisting of a team of three part time staff.. • Administration Assistant • Caretaker/General Assistant General Assistsnt The centre has a loyal group of volunteers who are very hardworking and assist with various tasks at both the main c¢ntre and th¢ Phoenix Suite. The Trustees are extremely grateful for all their help. During the past year we have installed an online booking system, which has greatly enhanced business and productivity. Membership fees were revised in September 2024 and are now set to renew on an annual basis. The Trustees meet every month and keep in touch via email and a WhatsApp group. The centre management team also keep in touch via a WhatsApp group. Risk Mana ement The trustees of the Wonford Community & Learning Centre Limited have considered the major risks to the charity and its users and have systems in place to n]anage these risks. Reserves As at 31 March 2025, the charity held unrestricted reserves of £15,577 (2024: £11,621) and restrtcted reserves of £124 (2024.. £5,691). The Trnstees monitor the level of reserves to ensure this remains approporate for the charity. The annual report was approved by the trustees of the charity on i.ll 1.%. . M Asvachin Trustee itchelmore Company Secretary and TNstee Page 3
Wonford Community & Learning Centre Limited Statement of Trustees, Responsibilities The trustees (who are also the directors of Wonford Community & Ltarning Centre Limited for tbe purposes of company law) are responsible for preparing the trustees, report and th¢ 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" Company law requires the tSteeS to prepare financial ststements 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 tbe charitable company and of the incoming resources and application of resourc¢s. including its income and expendIre, of the charitable company for that period. In preparing these financial statements, the trnstees are required to: select suitsble accounting policies and apply them consistently* obs¢rv¢ the methods and prin¢iples in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards, comprising FRS 102 have been followed. subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charffttable company will continue in business. The trusfres are responsible for keeping proper accounting records that can disclose wtth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Compani¢s Act 2006. They ar¢ also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for th¢ prevention and detection of fraud and other irregularities. The trustees are responsible for the Maintenance and integrity of the ¢OTporate and finan¢ial infonnation included on the charitable compan)4s website. Legislation governing the preparation and disseminatioll of financial statements may differ from legislation in other jurisdictions. Approved by the trustees of the charlty on .i.Il!.w.l./< and signed on ils behalf by: M Asvachin Trnstee itchelmore Company secretsry and trnstee Page 4
Wonford Community & Learning Centre Limited Independent Examiner's Report to the trustees of Wonford Community & Learning Centre Limited ('the Company,) I report to the charity tNstees on my examination of the accounts of thc Company for th¢ year ended 31 March 2025. Responsibilitie5 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 {'th¢ 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 ¢barity' 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 Conmiission under se¢tion 145(5)(b) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirn] that no matters have come to my &ttention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of Wonford Community & Learning Centre Limited as required by section 386 of tbe 2006 Act. or 2. the accounts do not accord with those records. or 3. the accounts do not comply with th¢ accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'tTue 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 tbeir accounts in accordance witb the Financial Reporting Standard applicabEe in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in ¢onne¢tion with the examination to whi¢h attention should be drawn in this r¢port in order to enable a proper understanding of the accounts to be reached. Dave Tucker FCCA Thompson Jenner LLP Chartered Accountants I Colleton Crescent Exeter Devon EX2 4DG Date:............................. Page 5
Wonford Community & Learnlng Centre Limited Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) UnresÉricted funds Restricted funds Total 2025 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities 3,501 67,630 594 3,850 7,351 67,630 594 Total income 71,725 3.850 75,575 Expenditure on: Charitsble a¢tivitie$ (67,195) (9,991 77.186 Total expenditure (67,195) (9,991) (77,186 Net inc0mel(expendire} Transfers between funds 4,530 574 (6,141) 574 (1,611) Net movement in funds 3,956 (5,567) (1,611) Reconclllatlon of funds Totsl fijnds brought forward 11,621 5,691 17.312 Tolal ndS carried fonvard 15 15,577 124 15,701 The notes on pages 9 to 17 forn) an integral part of these financial statements. Page 6
Wonford Community & Learning Centre Limited Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Prfior Year Comparatlve Figures Unrestricted funds Restrieted funds Total 2024 Note Income and EndowmeDt$ from: Donations and legacies Cbaritable activities Other trading activities 312 48,106 444 10.166 10,478 48,106 444 Total income 48,862 10,166 59,028 Expenditure on: Charitable activities 51,494 6,390 57,884 Total expenditure 51,494 6,390 57,884 Net (expenditure)lincome Transfers betwe¢n funds (2,632) (495) 3,776 495 1.144 Net movement in funds (3,127) 4,271 1,144 Re¢on¢lliation of funds Total funds brought fonvard 14.748 1,420 16,168 Total funds carried fonvard 15 11,621 5,691 17,312 The notes on pages 9 to 17 form an integral part of these financial ststements. Pa8¢ 7
Wonford Community & Learnlng Centre Limlted (Registration number: 05908666) Balance Sheet as at 31 March 2025 2025 2024 Note Flxed assets Tangible assets 12 3.928 2,757 Current assets Cash at bank and in hand 13 21,266 17,394 Creditors: Amounts falllng due wlthln one year 14 9,493 2,839 Net current Assets 11,773 14,555 Net assets 15,701 17,312 Funds of the charity: Restrlcted Income thnds Restricted funds 15 124 5.691 Unrestricted income funds Unrestricted funds 15,577 11,621 Total fuDd5 15 15,701 17,312 For the financial year eoding 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the charity to obtain an audtt of its accounts for the year in question in a¢¢oTdance with section 476; and The directors acknowledge their responsibilities for complying wlth the requir¢m¢nts of the Act with respect to accounting records and the preparation of accounts. The financial ststements on pages 6 to 17 were approved by tbe trnstees, and authorised for is5u¢ on l.i.1.13.1.)A.. and signed on th¢iT behalf by: M Asvachin Truste¢ itcbelmore Company Secr¢tsry and Trustee The notes on pages 9 to 17 fonn an integral part of these financial statements. Page 8
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 I Charity status The charity is limited by guarantee, Inco0[ated in England and Wales, 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.. Wonford Community Hall and Phoenix Suite Wonford District Centre Wonford Exeter Devon EX2 6NF 2 Accounting polieies Summary of significant accountlng polScfi¢$ and key aceouoting estimates Th¢ principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all tbe years presented, unless otherwise Stated. StatemeDt of compuanee The financial statements have been prepared in accordance with Accounting and Reporting by Charities: ststement of Recommended Practice applicable to charities preparing their accounts tn accordance wlth the Financial Reporting Standard 102 and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant a¢¢ounting poli¢y note(s). Basls of preparation Wonford Community and Learning Centre 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. Golng ¢Olleern 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 tbe charity has entitl¢ment to the income, it is probable that the incon]e will be received and the amount of the income re¢¢ivable can be measured reliably. Ilonalions and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement dale. In the event that a donation is subject to ¢onditions that require a level of perfonnance by the charity before the charity is entitled to the fjjnds, the income is def¢ed and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fi]Ifilled in th¢ r¢porting period. Pa8¢ 9
Wonford Commllnlty & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Granls receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfonnance conditions ar¢ attached to the grant and are yet to be mel, the income is recogrnised as a liability and included on the balance sheet as deferred income to be released. Expendlture All expendtture is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured r¢liably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attribufrd to partt¢ular headtngs they have been allocated on a basis consistent witb the use of resources, with central stsff costs allocated on the basis of time spenL and d¢preciation charges allocated on the portion of the asset's us¢. Other support costs are allocated based on the spread of staff costs. Charliable 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 sucb activities and those costs of an indirect nature necessary to Support th¢m. Support cost5 Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per ¢apita, stsff costs by the time Spent and other costs by their usage. Governance costs These include th¢ costs attributable to the charity's Compliance with constitutional and stathtory requirements, including audit, strategic management and trustee5 meetings and reimbursed expenses. Taiatfio The charity is Considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the barity is potentially exempt from taxation in r¢spect of income or capital gains received within categories covered by Chapter 3 Part I l of the COorAtion Tax Act 2010 or Section 256 of the Taxation of Cbargeable Gains Act 1992, to the extent that such income OT gains are applied exclusively to charitsble purposes. Tanglble red assets Individual fixed assets costing £100 or more are initially Tecorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaimient losse5. Depreciation and amorti$ation 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 Plant and equipment Depreelatlon method and rate 250/ts reducing balance basis Pag¢ 10
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Cash and cash equlvalents 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 ar¢ subject to an insignificant risk of change in value. Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if th¢ charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the Creditor for at least twelve months after the r¢porting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-cutrent liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund strueture Unrestricted income fimds are general funds that are available for use at the trustees discretion in rthernce of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specifjc purposes. the use of which is restricted to that area or purpose. Pagell
Wonford Community & Learning Centre Limited ]Yotes to the Financial Statements for the Year Ended 31 March 2025 3 lllcome from donatlolls und legacles Unrestrlcted funds General Restricted funds Total funds Grdnts, including capital grants. Grants received 3,501 3,850 7,351 Total for 2025 3,501 3,850 7.351 Tot21 for 2024 312 10,166 10,478 4 Income from charltable activities Unre$tri¢ted funds General Total funds Hall income 67,630 67,630 Total for 2025 67,630 67,630 Total for 2024 48,106 48,106 5 Income from other trading actlvldes Unrestrleted funds GenerAI Total funds Membership subscriptions Total for 2025 594 594 594 594 Total for 2024 444 444 Page 12
Wonford Communfity & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 6 Expenditure on charltAbRe actlvltles Unrestricted funds General Restrleted fund$ Total funds Note Allo¢ated sUPPOrt costs Goveman¢e Costs 64,675 2,520 9.991 74,666 2,520 Total for 2025 67,195 9,991 77,186 Total for 2024 51,494 6,390 57.884 7 Attalysis of governance and support costs Charitable activities expenditure Unrestricted Total 2025 Total 2024 General Restricted Wages and salaries Bank charges Rent Water rates Light, heat and power Insurance Alarm Telephone and fax Repairs and renewals 37,809 60 37,809 60 6,225 370 9,763 1,047 2.579 2,051 3,353 741 2.841 1,309 6,518 2,520 23,154 6,225 6,215 128 10,311 1,044 2,697 2,093 2,329 1,066 1,705 924 3,278 2,940 370 9,763 1,047 2,579 2,051 3,353 741 2,841 1.178 2,883 2,520 PRS Cleaning Depreciation Sundry expenses Governance costs (analysed below) 131 3,635 67,195 9,991 77,186 57,884 Of the above expenditure £67,195 (2024.. £51,494) was unrestricted and £9.991 (2024: £6,390) was restricled. Page 13
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 GovernAnee costs Unrestrlcted funds General Total funds Independent examiner fees Examination of the financial statements 2,520 2,520 Total for 2025 2,520 2,520 Total for 2024 2,940 2,940 8 Trustees remunerotlon and expenses During the year the charity made the following transactions with trnslees: Three trustees were reimbused a totsl of £nil (2024: £294) in expenses relating to repairs and renewals for the Charity. No trustees, nor any persons cotme¢t¢d with them, have received any rernuneration from tbe charity during the year. No trnstees have received any other benefits from the charity during the year. 9 Staff costs The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalenls was as follows: 2025 2024 Average number of employees No employee Teceived emoluments of more than £60,000 during the year. 10 Independent examiner's remuneratlon 2025 2024 Examination of the financial statements 2,520 2.940 11 TaIAtlon The charity is a regist¢red charity and is therefore exempt from taxation. Page 14
Wonford Community & Learning Centre Limited Notes to the Financlal Statements for the YeAr Ended 31 March 2025 12 ToDgible fixed Assets Plant and equipment Total Cost At l April 2024 Additions 15,631 2,480 15,631 2,480 At 31 March 2025 18,111 18,111 Depreciatio At l April 2024 Charge for the year 12,874 1,309 12,874 1,309 At 31 March 2025 14,183 14,183 Net book value At 31 March 2025 3,928 3,928 At 31 March 2024 2.757 2,757 13 Cash and cash equlvalents 2025 2024 Cash on hand Cash at bank 267 20,999 79 17,315 21,266 17.394 14 Credltors: amounts falling due wlthln one year 2025 2024 Trade creditors Other creditors Pension scheme creditor Accruals 1.556 313 25 2,501 7,937 9,493 2.839 Page 15
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 15 Funds Balance at 31 March 2025 Balance 4t I Aprit 2024 Incorning resources Resources expended Transfers Unre5trlcted fulld$ General Unrestricted funds general Re$trlcted fund5 Restricted funds 11,621 71,725 (67,195) (574) 15,577 5,691 3,850 9,991) 574 124 Total funds 17,312 75.575 77,186) 15,701 Balance at 31 March 2024 Balance at i April 2023 Incornlng resources Resources expended Transfers Unrestrlcted fullds General Unrestricted fid8 general 14,748 48,862 (51,494) (495) 11,621 Restricted R¢stricted funds 1,420 10,166 6.390 495 5,691 Total funds 16,168 59.028 57,884 17,312 The specific purposes for which the funds are to be applied are as follows: Unrestricted filnds are funds available at the trustees discretion for furtherance of the charitable objeGtive5. Restricted fijnds relate to the grants received from EK¢ter City Council and Devon County Council in respect of rent, rates. a computer, blinds, a notice board and to put towards upgrading the Phoenix Suite kitchen. Page 16
Wonford Community & Learning Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2025 16 Analysls of net assets between funds Unrestricted funds Genero1 Total fund8 at 31 Mar¢b 2025 Restricted funds Tangible fixed assets Current assets Current liabilities 3,928 21,142 (9.493 3,928 21.266 (9,493) 124 Total net assets 15,577 124 15,701 Unrestrlcted funds General Total funds at 31 Marcb 2024 Restricted fund5 Tangibl¢ fixed assets Current assets Current liabilities 2.232 12,228 (2.839 525 5,166 2,757 17,394 2,839 Total net assets 11,621 5,691 17,312 17 Related party transAedons There were no related party transactions in the year. Page 17