## **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 Inco￿orated 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 CoMp￿Y 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:
T￿stee5.
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, f￿e 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 t￿SteeS 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 expendI￿re, 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(expendi￿re}
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, Inco￿0[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 CO￿orAtion 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 r￿ed 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 ￿rther￿nce 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 fi￿d8 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 Inco￿orated 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 CoMp￿Y 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:
T￿stee5.
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, f￿e 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 t￿SteeS 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 expendI￿re, 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(expendi￿re}
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, Inco￿0[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 CO￿orAtion 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 r￿ed 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 ￿rther￿nce 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 fi￿d8 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