Cotesbach Educatlonal Trust Llmlted (Company Limited By Guarantee) Company Number 6002772 Registered Charity 1126840 Annual Report and Financial Statements for the Year ending 31 August 2025 AdmlnlstrAtlve InfoTmatlon Cotesbach Educational Trust Llmlted (Company Llmlted By Guarantee) CkLarity Numlxr 1126840 Company Number 6002772 Correspondence Address Cotesbach Hall Main Street Nr. Lutterworth Leic$ LE17 4HX Bankers National Westininster plc Rugby Branch 9 North Street Rugby Branch Warwxckshire CV212AH Independent Examiner Ivan J Parry FCA Abtey House 105 Ablw Street Nuneaton Warwickshire CVII SBX Solicitor$ Tom IAwrence Brethertons Solicitors The Robbins Building 25 Albert Street Rugby CV212SD Cotesbach Educatlonal Trust Llmlted (Company Llmlted By Guarantee) Directors and Trustees Report Ito3 1nde￿lldent Examiner's rewrt Statement of Financial Activities Balance Sheet Note$ to the Financial Statements 7tolO Cot¢¥ba¢h Edu¢atloAal Tnut (Company Llmlted by Guarant••) Dtrectors, and Trustees Report for the year ended 31 August 2025 The director$ present their rep)rt for the year ending 31st August 2025. l. Comtltutlon and ObJe¢ts The Cote5baeh Edueationaj Tnjst was ineorpornted on the 20th November 2006, is Limited by Guarantee and 18 governed by its Memorandum and Articles of Association. The eompany is registered a$ a Charity with the Charities Commission under reference number 1126840. It 18 based in South Leicestershire and hosts and PTDvide8 learning experiences for all. It make8 a unique offer to communities. Schools. busine$se8 and visitors with its restored buildings 8nd archive contgining document8 dating back over 600 years. The capital program wa8 completed by March 2013. The building8 are leased for 50 yw8 from 20 13 from the Cotesbach H8Jl Estate for an initi8J period of peppercorn rent. It8 Memorandum and Article$ of A88ociation detscribe its two objeetive8 a8: To promote for the benefit of the public the pregervation. protection and improvement of an eighteenth-century schoolhouse and two adjacent buildings in the grounds of the Cotesbach Estate by creating an educational resource center, and to advance the education of the public, young people in particular. in the $ubject8 of heritsge. the environment and the art8 8nd the many osea8 that they link. Ongoing work include8: Delivery of our bu¥ineB8 p]an in order to build OUT financial 8U8tainability a8 an organisation, including continuing to build our room bookings. Development and delivery of a program of activitie$ including regular community event8 omd in partner$kn'p ￿7th other local arti$t$. educator8 and others. Providing volunteer opportunities to work in the ￿Ch)ve and development of wider engagement, both academic and otherwise with the extensive archive. Fostering link$ with other local heritage forum¥ to create and play a wider part in the Ioc8J network. Developing the acce88ibiJity and reach of the archive through Migration to 80ftware compatible with online platf0rn18 including Archive$ hub. 2. Dlr¢ctor• The following have held 0￿]ce during the year: 12ttice Bennett (Chairl Amber Merrick-Potter (Vice Chair) Emily Nichols rrreasurerl Ann Smith Emm¢lin¢ de Falbe (resigned 18 December 202SI Annemarie Mooney Iresigned 14 January 20251 Alison Louise Brand-Barker Pag8 1 Cot¢$ba¢h Edu¢atIo￿I Tnut ICompr4ny Llmlted by Guarantee) Charlotte Mitchell (appointed 3 1 March 20261 The directors ol the comparly, as listed above, also the Trustee$ of the charity. 3. Flnances The ch￿lty exists thank$ to Heritage Lottery Grants: £672.700 awarded in 2012 which, together ￿th other fundraising streams, paid for restoration and start-up costs running up to June 2016. A further £58,700 (fro￿ the HLF Transition Funding Program) awglded in November 2015 which enabled the Trust to support its core costs through until Apiil 2017 and also enabled it to undertake a thoroughgoing review of its vision, governgnce, business plan and operational model so that it could face the future with confidence. 2024-2025 Shows an increase in cash resources of £73,700. This most notably account8 for a Heritage Fund award to boost resilience. The award totals £203,8 10, of which £101,905 has been received during this period. We aim to use funding to build our resilience as an organisation and deliver a Strengthened and fmancially resilient business model. The year has had a focus on the Start of grant delivery including recrnitment and training of staff. Over this period a steady program of courses, events and tslks has been delivered and we have seen room bookings remain steady with many repeat bookings. 4. Staffing Trn#tee8 - The CET trustee board has remained la￿elY Stable from last year, with the resignation ofttvo trustees who had completed their terms and the recruitment of one. The Trustees have a wealth of relevant skills and experience, particularly in the fields of marketing, fundraising and program development. Trustee recruitment is ongoing, and we aim to sustain a trustee board of 5-8 trustees (currently at 51. Employed 8taff - The organisation employed a Centre Coordinator as the sole member of staff. As part of our Heritage Fund project, we have split this into two roles, Events and Pmgram Coordinator and Business C¢)OTdinator, each doing 16 hours per week. Our existing member of staff tnoved to the Business Coordinator post briefly before going on maternity leave. We therefore recruited to both roles in March 2025 and have invested trustee time in their training. Volunteer• - The archive continues to have a core group of regular Yolunteer5, continuing the cataloguing of the aTchive. Where additional $upport is needed one-off activities and program delivery this has been covered through volunteer support. Page 2 Cote•baeh Edu¢atlonal Tn ICoryLPany Llm£ted by GuaTrrtt¢el A¢t£vltlt• Our core business model focuses on rTr)m Emkings and a prograrn of events and (x)urses. Previous years have shown that this model has the potential to rneet core running costs and therefore work is being undertaken to LK>lster this a8 a 8U8t8illable bu8iness model. We continue to work in partnership with the Cote5bach Family Trust in order to broaden our offering. creating opportunities for group8 to venture from the cEr site to benefit from the wider surroundings. The continues to show its resilience as an organisation. in business development. suecessful funding bids, retention of 5taffand development ofprogram and activities. The B0￿d 18 confident of our ability to make go(Kl progress in the next financial year. By order of the bo*td Lettice Bennett Director ar4d Chair of Trustees 14th May 2026 Page 3 Cotesbaeh Edueatlonal Trust Llmlted Icompany Llmlted By Guarantee) Independent Examlner'8 Report To The Trustees Of Cotesbaeh Educatlonal Trnst Llmlted I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025. Re8pon8lblllt£e8 and ba81B of report As the charity's trnstees of the Company land also Its directors for the purposes of company lawl you are responsible for the preparation of the account8 in accordance with the requirernents of the Companies Act 20061'the 2006 Act'l. 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 examinatitsn of your Charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my exarnination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examln¢r'$ stat¢m¢nt I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe that: l. accounting records were not kept in accordance with 8ectsort 386 of the Companies Act 2006. or 2. the accounts do not accord with sueh records. or 3. the accounts do not comply with relevant accounting requirements under section 396 of the the Companie8 Act 2006 requirement that the accounts give a 'true and fair, view which is not a rnatter considered as part of an independent examination. or 4. the accounts have not been prepared in accordance with the Charities SORP IFRS 11)21. I have no coneern8 and have ¢ome across no other matter8 in eonne¢tlon with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ivan J FCA Chartered Aeeountant Abbey House 105 Abbey Street Nuneaton Warwiekshire CVII 5BX Dated........ Page 4 Cotesbach Educatlonal Trnst Llmlted (Company Limited By Guarantee) Statement Of Flnanelal Aetlvltles for the year ended 31 August 2025 Notes 2025 2025 Unrestricted Restricted TotAI Total Incomlng resource• from generated funds Voluntary income.. Donations and grants 123,536 123.536 24,831 Actlvltle• for generatlnz tuodty: Hires, courses, workshops Other income 14.312 14,312 19,586 327 44,744 137,848 137,848 Resources Expended sts of Generatin Fund$ Charitable activity costs Grant spend Administrative costs Employee costs Premises costs Depreciation of r￿ed assets Independent Examination fees 6,307 9,844 12,639 17,401 12 3,479 580 50,262 6,307 9,844 12,639 17.401 12 3,479 580 50,262 8,257 2,568 7,704 7,554 12 345 570 27,010 Total Resources Expended 50,262 50,262 27,010 Net outgoing resources before transfers 87,586 87,586 17,734 Tran8fer8 Net movement in funds for the period 87,586 87,586 17,734 As at I September 2024 36,173 18,439 A$ at 31 August 2025 123,759 123,759 36,173 Page 5 Cotesbach EducatloDal TTh￿t Llmlted (Company Llmlted By Guarantee) Balall¢e Sheet at 31 A￿￿t 2025 Not 24 Tangible fL￿d a88ets 21,418 7.500 rrent A Grants receivable Prepayments and accrued income Gift aid claim receivable Cash at bank and in hand 103,575 103,575 29,875 29,875 itors.. A unts fallin due hin I Accruals 1.234 1,202 Net Current Assets 102.341 28,673 Net Asset8 123,759 36,173 The Pu Unrestricted Funds.. Funds 123,759 36,173 The director• th&t the ¢ompAny 1$ ¢ntStied to ewnption from the rtquirement to obtsln an audit undw leetion 477 uf the Compatties kt 2(X)6 and that memb¢r¥ have not rAuirtd the ompdny to obtAitt ￿ audit in a¢¢ordance with section 476 of the Art. The dirwtor8 acknowlwd8e thetr re8wn¥ibilitseJ for cOmpl￿n8 with the Tequiretimits of the Compani¢& Act 2006 with re¥pett to QCCOUDtirt8 recoffl$ 8nd the PTepuation of Attount$. and prepgJing fmancipj &t*tementa whi¢h 8ive a true and f8irvS¢w of thc #tAte ofaffAir& ofthe ¢ompAny a• at the eDd ofthe fIn￿¢18[ year and it& profit 1098 foT the fjnancial y&qr in attordancc Mith the reguirethent8 of 4¢¢tions 394 and 395. and which oth¢rt4ryae comply with the TequiremeAts of the Act r¢￿till$to fyjancial 8tytèthentS, so far Applicable ￿ the comp3ny. Thc¥e 8tstements hAve be¢n ]￿ep￿ed in ￿OrdanCe With th¢ provi&ion8 in Part IS ofthe CompAnie$ Act 2Q06 454)licabie to eompanieA Aubiect to the STnaU comwicB rewle. Approved by theTNsteeB Ènd signed on th¢iT behaifby." I£ttice Bennett Dated........... mily Nichols Dated............ Page 6 Cotesbach Educatlonal Trust Llmited (Company Limited By Guaranteel Notei to the Flnanclai Statements for the Year Ended 31 Augu*t 2025 l. Accouutlng Pollc£e• The accounts have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparlng accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. . Accountl Polle ror Incom¢ and ndltur¢ The f￿anCIal statement$ have been prepared on an aecrual$ basi8 whereby income and expenditure aTe reeognised when receivable and payable. Expenditure is directly attributed to specific types of resources expended under which they are c1￿81f1ed. b. Fun Aceountln Unrestricted funds available for use at the discretion of the trustees in futherance of the general objectives of the charity. Designated fund$ are unrestricted funds earniarked by the trustees for particular purposes. Restricted funds are subjected to restriction8 on their expenditure imposed by the donor or through the terms of an appeal. cl Ineomlng r¢$ouree• All incoming resources are included in he statement of financial activities'wheri'the charity is entitled to, and virtually certain to receive, the incorne and the amount can be quantified with reasonable accuracy. The following policies are applied to particular catergories of income.. Donations and grants, including capital grants, 1$ included in incoming resources when these are receivable, except as follow8.. il When donors specify that donations and grants given to the charity must be used in CutUTe accounting periods the income 18 deferred until those periods lll When donors impose conditions which must be fulfilled before the charity become8 entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met. Page 7 Cotesbach Educatlonal Trust Llmited (Company Llmited By Guarantee) Note8 to the Flnanclal Statements for the Year Ended 31 AugMt 2025 cl Incomlng rc¥our¢e* Icontlnuedl iiil Incoming resources from charitable trading activity are accounted for when earned. 2. Trustees Ex nses No remuneration, benefits or expenses to any Trustee were made during the period. There have not been any related party transactions in the reporting period that require disclosure. 3. Avera ¢ number of Em ¢e¥ During the year the average nunlber of employees on a full time equivalent ba8lS is: 20 Administrative staff number The costs for the year £17,40112024 £7,554) includes social security costs of £nil 12024 £nill.No employees received any benefits for the year. 4. Taxatlo The company is registered as a charity with the Charities Commission and 1$ exempt for tsxation purposes. Llmlted b Gua ntee The company is limited by guarantee without sh￿e capital. In the event of the company being wound-UP> each Tnember is liable to contribute to the payment$ of debts 8nd liabilities of the company, ¥uch amounts that might be required but not exceeding £1. Page 8 Cotesbach Edueatlonal Trust Llmlt¢d (Company Llmlted By Guarantee) Not¢¥ to th¢ Fluanclal 8tAt¢ments for the Year End¢d 81 Augu•t 2025 Fix￿1¢* and C•mput¢r Arehlv• •qulpm•3t TotAI Co•t B/fwd Addition8 4.213 16,225 6,872 1,172 18.58S 17.397 C/fwd Depreelatlon Blfwd Charge for the year Clfwd 4.213 3.245 6,872 234 7,106 11,085 3,479 14.564 Net book vojue 12,980 938 21,418 N¢t book valu¢ 7.51)0 7,500 Fixed a88et8 are 8tated at cost less a¢¢umulated depreciation. The costJ of minor additions or those costin8 below £400 are not capitalised. Depreciation 18 calculated to write off the cost of each a88et over its expected u¥eful life, which in all case¥ i¥ 5 years. Archive paper$ are not depreciated as their v•Jue is considered to exceed c08t. During the year the comp8ny wa¥ under the Control of the bwd of directors.