Company Registratlon number 4199124 Charity Registration number 1129455 ReFumish Devon (A ¢panY Imited by guaranlge) Annu81 Report and Financial Slaiements 31th1ar-25 SAEIJMZYB* 3111212025 COMPANIES HWSE A07
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ReFumlsh Devon Reference and admlnistrative details Tru8tO08 Healher Adams Magnus Proclor- resigned t)ecwnber 2024 Jane Hopkins J•nét Skaith - awxntsd 8 Febnry 2024 Dlracto Jane Bray -resigned 5 Augusl 2024 Heather Ad& Ma9nu$ Proctor- resigned Decwnber 2024 Jane Hopkins Janet Skaith - appointed 2 ADrl 2024 Chief Ex•culivo David Banks Auditorn Russell & Young Ltd £land House Sl Leonarrts Exeter EX2 4NT B*nkors Unty Trust Bank Nine Brind19ce Birmingham B12HB Adermore Bank Pk Weslem House Pelerboroug PE2 6FZ CAF Bank Ltd 25 ng$ Hill Avenue Kings Hill Wesl Malling Kent ME19 4TA Roglstered office and oporational address Wrangaton Business Pa Unil 2a Wrangaton South Devon TQ10 9GQ Charity Reglstratlon nufflb•r 1129455 Company R•glstration number 4199124 tknc ID.. 192sa6504ced1184ab1rOb9a8th0ad2d2d
4eFmlshO ThiscombinEd annual repoff in¢hJth5theluECtrfs r¥vtis rEyw•I by£1. The directors.th are thetruSteesoftP¢thantyfNthepufposesofthecom$Al%eSgrtthfeM7tllteRrtanCl3ISW¢mnr thèyearended 31 March 2025. afvj ttythrm itst the CowiP5JA 2(f6.thE mErlyrn * artic01ClaiI andthè St3tewntofflemffwled P¥•tKe.U(tir aThl fteptytir4 tyChantslSOPP thewunts t1cT1j[thI FinantialAorrirStathd 4WwAbleknthE UKoTrJ Rewbkoftre&r&llFA$ 102leffttkn lJ•wy2015. ftelwni$h DEwn, as• r4tswoddW,taktstheftym 0lakmkndcrfflprfW•d lryitskknKnndwnwdArtklE5tyfA5Y)EiBtKJn. Itwa5 5t4blsW October IN irThptyathdon121 •J rtgveda5a 7mllY). st¥edOwity P¢t0 11294S> TheTruSteesaieCornpanydtreary5ar4mwrknSofReIWsbDE¥4E at0$hr(lw tIMstype Oft¢M.ttte 5haresa5 it ty limitedby 8yar¥metl.TPoTTwtee5WtpermrtTed bNnwthÈChotityasthtysee IK ded t5rdeOrts are inihe best interestsdtFeth¥itv. Ther30rrenI31rWtetsho rnerti¢JVither¥viththesenior rnwat eth¥ Fer50n orvo ty.TrttesWe lurther 5UFWitothe SeOr m•wemeDt teamasrewred in3£cord11ir partKLdJrwea501EXPVti5e.Thereweie4 Tiystff51orfflo# the 24/25¥huWvffj PrLKttydty relwknAasad¥dTWletDec¢ffikn 2ts14. rrnsEee5 are selected forapptynVrt01 the W5thaitW. dAyYolQ,epathW0r understahdiwoftheChJris wort.andare awa Jnd 4POIthe resroiyts5th LMJertaknrfthroleth)tads.Afryth atwrthEnts¥emadeon ba5 thatthey w511 brlry newl.expertre or•thEr attribLre5ttyttlxwd. stated inthe Arbde5atAssouhin. theTrJrnberol TnJMetssWrrt b? 55kntiee tyAluntess¢herI det¥mwW tseordln ion}shall not be sutct ro? rnaknurn.Tnj5t2es Eaed bvthecurTÈmTruStttsantt¥tyry(flath1 ofwhkh ietvelD rotrtlon annualty.A TruMeewhD retire5 a¢•narrrtdyrffillw.lfw1ryIthrt be re¥wA)ttd,Wtr4vJed tw hwe tsfied Ih? condftior6 ourhi thEArtkle50fA55(WKITr. Trusitt Id¢t10ard or nJti¢twI d•.ThÈfDlTh1 omade >AlaMe." The&>li8if#K ofthèTrtsstÈstothÈCh¥ty * ThemaiD docurneDtswhKh set(vJrthe Indud1¥thE MM¢JrarAkn aThJth Por• D01 ThecUrthandll oftheClwtEya55er(Artth the$[0 rinanthl 5tatemerts Rrturt pknhs and ote¢tks Thsi5setin tinwith fv ma8¢ffr¢OlnNttJ( ID." 19236S8f&j2dr[643b1fob9aelad2d2d
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IlFumlsh Llenn l•rthey¢arended 31 2025 Thetrustee5 Iv4ho are aisodirectors of ReFum15h Devm PurpOf companylawl are reswnyble tor preparingthe Trustees Artral Reportand tlfinancal 5wementsin a(caeithappl1CJa•JMl thÈ United Kmwom Accounn8 StaThdard5 (United ld GenernllyA(teptedAttouMini Prnciicel. Compaiy l•wrequKes the trustttstopreparethnancfjal $ements1Oreath fral yearith¥e a aTrJ faIreof thÈ state of affairsolthe tharitsble company and of the incomiry re%xJr¢esand applition of rtxwYce4 iudIng incorne and txynditure.olthe char[tse cOmforth pEr. kn preparfwthesethnanual st•tementstht trustee5 IquIred selertsyitse •ttroJntin8pdklesandthenapplythem t¢thn. ob5tvve the methods and Prile5 intr thèritiesSORP.. makeludqementsand e5timate5thatOTereasonable k¥udtnL' State hethtrapplic4ble UK accountin85tandardshw been fdlod. subitttto¥ry m•tetial deprturesdis¢lDsed and explained In the financial ststemeots.. and preyre the fin•naal staternentson the eoMytthKern basis unle55 ft is Inappropriatetowesurnethèt 1charlble company will eontinve in busi$5. The trustee5are re5ponsibl¢ for keepingproper IouNt1 recryds that dl5d0sÈth reas(able •tcuraq at anytime the finanthal posluon of the charitable cL¥tTrpaftyaThl eftae them to elethat thefirwKial Stateryts cornpjy with tl Cornpanies Att 2006. TheyarÈ also respSIb for Safegua1¢the assetsof the th3ritsble (LpaThy a1 hery fortakir asonable sttP5forthe provertion ind detecbon of froland othtrirre8ulritiÈs. In x>far •$ the trustr¢S are •w•rt'. there 15 no Idevantait1Tr1m•til (éthhththe thTit•bletthpsa1l[QlIs unaware.and thetwstee5 hwe takenall steps1Y ¢)8 to Iakentomake aw•rofany rtlevart audr( infomiationand to estabNsh thatthe audiEorrsa*ryreofth•trnftyrn.
lTrdependent Audoloes Repurt tg theTn&ee5 oIReFwn15h Oe¥on tQT the yearended 31 Mar¢h 2025 Oplnlon We have audiied the financial statements of ReFurni5h Ithe'charity'l fortheyear ended 31 March 2025, set out on page5 I tts 18. The financial reporting frame¥¥ork that has been applied in thwr preparion is applicable13w and United Ktngdom Standard5 (United Kinedom GenefaltyAccepted N£toting PractitÈl, iyKludin8 FRS 102. the Finantial Rportin8 Standard In ouropinion. the financial statements.. give a truè and fair eW of the state of thecharitvs affaits a5 31 Marth 2025 and ol its incorne and expenditure for the year have been proper1 pPared In accofdance with Unl1 Tr8d(n Generally Accepted kcOuntW Prattice: ha¥e been prepared in cOrdanCe with the requirernents of thecpanIes Aa 21x16. Basls for oplnion We conducted wr audit in actordance International Standard5 on Auditirg IUKI IISAS IUKII and applicable law. Our responssbilities under those standards are further described in the Auditorf5 re5PDnsibilitie5 for the audit of the financial statements settion of our rep)rt. We a independent ofthe Charity in accordance with the ethical rtqu¥rerneThts that are relevanttQ OUT audit of the financial ststements in the UL indudin8 ihe FAC'S Ethical Standard. and we have fulfilled our other ethical respofisibilities in accordance th these fequirtyxents. We belreve that theaudit evtdeft¢e we ha¥eobtained is svfficieftt Cth)cluslO relaiinlto$•I cOnM We have nothing to report in respett of the follokNing rnatte in reiabon to which the ISAS IUKI require us to report to you rne I rysrees use or rne going concem oasis or Urtn6 tne preparar¢on gr Ine rinanci• 5taternen 15 1101 appropriate.. or the Trwtees have not disclosed in the financial statements any idenirfied material uncertainties that maytast significant th)ubt aut the Charitws ability to ¢tinue to adopt the 80in8 concern basis of ntin8 for a Per of at least twelve months from the date when the finan¢ial statements a authorised for issue. OUT responsibilities and the res[51b11Ittes of thetrustees with to gcingcortern are described in the relevant sect¥ons Other Inform•tloA TheTrustees are respoftsibleforthe other inhmiion. Theother information comprises intorrnation included in the annual report other than the finaKial statements and our auditoes rewt thereon. Ouropinion on the financial statements does not cover the other inf0M)at and. exceptto the extert othwwise explicitly ated in our report. we do not express any forrn of assuraftce conCltOn therEon. In connettion with our audbt of the financial ststements. (wr resFonsibility 15 to read the other information and, in doing SO, consider whether the other Informati is Material inconsistent wilh the fjnanoal statements or our knowled8e obtained in the audit orothewse appears to be materialty misstated. If we identify sh material inconsistencies or apparent merial misstatements. we a required to detemiine whetherthere is a material misstaternent in the financial statements or a merial misttatement ofthe other infomwtth. if, based on the wtykwe have performed. weconclude that there 15 a material missiatemeni ofthis other information, we are QuIred to fewt thatfKt. We have nothing to report in thi5 regard. OplTrh>ns on other matters PscrI1¥ed bythE CofflpaniesArt 2006 In our opinron, based on ihe work undertaken in ihe course ot the audit: the information given in the Trustees. report. Iwhich indudes the direaors. re[ prepared for the purwses of cornpany lawl for the financial yearfor which the financr431 Statents are prepared is consisient with thefinancial staternents.. and the directors, feport wrthin theTrustees' repjrt has been prepared in cord)ce wtth appIable le8al qUIreMent Mattets on whl¢h we are requlred to report excepth In the li8ht ofthe knowledge and understanding of the Charity its emronment obtsined in tht course ofthe audiL we have not identified material misstatements in the Trustees. report. We have nothing to rewrt in respect of the folbwin8 rnatter5 in Tel)n to ThKh the Corry)anits Att 2¢JJ6 requires to report adequate accounting records have not been keo or returns adequate for our atsdit have not been received from branches the finanoal statements are Thit in agreement with the accounti rffords and reim,. or certain disclosures of Tru5tees' remunera11 speufied by law are not made.. or we have nor obtained all the irrformion and Oanations necessaryforthe wrposesof our wdit Responslbiwtles of the Trnstees As explained morefvlty in the Statement LV Trustees. RespSI1Jl1ir1es. the Tfustees Iwho are also the direttors of the Charity for the purposes of cornpany lawl are responsible for the prepamion of thefinanoal statements and for beine satisfied thattheygive a true and fairwew. and for suth Intemal control asthey detembint is necessary to enalje the In Prepari the financial statements. the Trustee5 are re5k5•ble for assessine the crI5 ability to ctInUe as a going concem. dis¢1osin& as applicable. matters related to gtyng corKern and using the g¢)ing ttncern basis of accounti unless the Trustees either intd io liquidate ihe Charity or io cease Opera5. or ha¥e realist altemative bul to do 50. Our re5ponslbllltsfgrthe awlltof thefinand•l sternents Our objectives are to obtain reasonable assurance wheiher the financial stémertts as a whole are free from rnatefial mlsstatement, whether dut to fraud or error. and to Issue an auditor's reportthat indudes Reasonable a55urance 15 a high level of assurance. but is a guaranteethat an audit Cofidted in accordance wr(h ISAS IUKI will always dete Mtsstatements can arise fmm fraud or error and are coftstdereil Material if. indt¥idually or in the a88re8ate. they couk reasonably be expetted to influence the eCOr1C decisions of users taken on the basis of thesefEnancial stattments.
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R•Fumlsh Devon statement of Flnanclal Aclivltles Oncknlifftg lrttimè and ExyWre accoun¢) for the y•arended 31 Ire 2025 Tdal fumls Total fund 2025 2024 Volunlary in¢0 OoThation8 and gaCS charilable a¢aNtls Other tradiny a¢ti¥rtes other mc4>ne 'Investhnt in¢thTre 21.408 4,826 1.In.997 1.1TJ.937 1261251 5.134 11.222 1.191.761 5,134 11,377 11.231 1,288.685 1.211.761 Rai5in9 fijnds Chafitable a(Mi5 GOvernar costs Total exrndkn 1225280 4.114 1.229.394 19202 1244.482 1283.314 4.114 4.3r 1.248.596 1,287.620 19,202 Ilqt InwM1{•xpeftdra} llorn 9?14105) (J7.633) 136.835) 1.065 Net gairss l (l)ssesl on irwe5tnrts 7.633 Transfets furyjs Gain5 1 h)sse5 on offed 8S8els I.835) Reeonclliatlon ol fwKIs T¢tsl fuThY$ browM10Th4ard Total fvnds carrmd foEw*d 358.838 321.C4)5 358.638 321.81 3S7.5n 358.638
R•Fumltb l)•¥on Baln¢e She•1 a5 at 31 Pla 202S 24 12 707.118 707.110 698.21e 9821 11.090 37.1 13.13$ 33.OQ1 110.444 156.581 O¢bro 13 101.SI11 14 195.040} In.41 9.470 8J,169 716.998 781,385 15 (>>1.7 l¥k2.747) 321.003 17.61¥ Jbl.1•5 321.lQ3 358.fj38 rPrth COMrIeS01( 1911212025 1Tr. 1953650c$b2J2dK611bbgaedJOJ2{J2
ReFurnl8h Devon statement of cashflows For thg year ended 31 lIah 2025 11 202S (47.(5) 2024 {38.1691 Net PTovlded by l {us•d In) op•raliry activ$ Cashllow from inVting activitses: Dividends and interest and renlal irthme from investn Purchase of tangible fixed assets Oisposal of tar¥Jible fixed assets Profil Ilossl on disposal of tangible red assets Net ¢ash Pfovld¢d by lus¢d in) inv¢stin9 activitws 11.222 (19,202) 11.231 (2.183) 17,9801 9.048 Increase In cash and cash equ6valents In the yr (55.045) (29.121) Cash and cash equr¥al8nts * the b&ginrng of the y 110,444 139,565 Cash and eash ¢quival¢nts at the end of the year 55.39 110.4H
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Motys the th+X forth•y•4•hd•OJi 14 2424 5.134 t.ios.4 11.377 1.187.110 I..4 .91• 1 179.131 179.131 2.618 9.112 2.110 112 l7n Cf4 833.B70 82J.870 42.137 42.137 219. 6219 l19J•J 8.219 0.730 7.462 9.185 728 knsurnnr• Prfnkng. 9.185 714 5.0 &oi 113B3 B4nk(WS LO1 miqr&Si 22A24 22M24 57$ 575 Ado¢blS io IQ 797 7BI.617 kn£30.695 12024".u3.
1$ T•MIkni 12 Trffjiwtrzed&Mo A11 P4rfW14 125.404 1 013294 1•202 AI 31 Mwth2025 B32 i Aprt2D24 th• y lJ.41• 3ffi16 IisA)n iO,WD AI 31 2V25 17 Aljl 2015 1 •ffi2024 16 13 Trade4ebkir6 2.489 2,517 14.701 16 J7 28 497 17.394 19 757 10.6 37238 io. 37234 412 2•24 15fft2 401528 17 Owr4lrffj• eokiniiifft fokn¥5'. 2•X& 63AX) .JY5 797$ 23234 Re1 partJ• ControHlng Pavty R•knd pllrty thx ID: 192365884c8b23211wb1fob9aedJo0d2Il2d
furth•YUrd43l 201$ Ji 350fy¥ 1.191.701 (1.22D.3N) 321.t 119m) 19 17.O1• 707.11& 101A10 8216 188.1 Curnnla55ats 101.510 f67MI 17 51 10JWJ 12.404 (1.88D (11222) 13.135} 151,7Q4) 16.009 41 {42 47CIJ5
ReFurnlsh Devon Statement of Financial Activities by fund for the yoar ended 31 March 2025 17 Unrnstricted Unwe8tslcted Income fund fn¢ome fund 2025 2024 Incomlng resources IncomirKJ resou$ from genwated funds Voluntary income Incoming resources from tharitatil8 xtréibes Other tncome Investment irthme Tolal incoming resour¢e$ 1.408 1.173,997 5.134 11.222 1.191.761 1.261.251 11.377 11.231 1,288,685 R•sourc•s •xp•nd•d Charilable a¢tiYiti8S Governan costs Totsl resources eywmled 1,225.280 4,114 1.229.394 1,283,314 1.287.620 Net movement Yb furKIs (37.633) I.5 Reconciliation of fund8 Total funds brought foThv¥d Totsl funds CafTied foryRrd 358.638 321. 357.573 The notes on paggs 12 to 16 torm an part of these fffjancial slatwr*w
ReFurnlsh Devon Statement of Financial Actlvlties by fund for tho year endod 31 Marth 2025 continued 18 N•tion•l National Lottery Grant Lott•ry Grnnt 2025 2024 Incoming lere¢S Incoming wources from genuated funds Voluntary incxjme Total incoming reg)urces 20.ODO 20.000 Re80Urte8 expended charitab activities Total resources eynded 19.202 19.202 Net movement in funds Recon¢ili*tion of fvnds Total funds brought fotward Total furbts carrted foM¥d