Charity r¢gl$tfatlon numb¢r 1142679 (England and Wales) Company registratlon number 07407883 THE COOPERS EDGE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 OCTOBER 2024
THE COOPERS EDGE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru5te8s Mr G Evans Mrs K Folker Mr D A Bentley Mrs K Driver Mrs K J Renton Mr M J SArgeant MrA P Shackell Mr K A Smith Charity number IEngland and Wales) 1142679 Company number 07407883 Registered office Coopers Edge School Typhoon Way Brockworth Gloucsster GloucesteT5hire Eng13nd GL3 4DY Indepèndènt examlnér BK Plus Limited 6 Manor PArk Business C8ntre Mackenzie Way Chellenharn Gloucestershire England GL519TX
THE COOPERS EDGE TRUST CONTENTS Pag8 Trustees. report Independent exarninerts report Stslgmenl ol financial activities Slaternenl ol flnan¢i81 position io Notes lo Ihe financial statèments 11- 14
THE COOPERS EDGE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 OCTOBER 2024 The trustees present their annual report and financial Statemènts lor the year ended 31 October 2024. The financial slalemants have been prepared in accordanc& with the a¢counling policies set out in note 1 to thè financial slaterNenls and Ggmply with the charity's govèrning document. the Companigs Act 2006. FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Aeeounling and Reporting by Charities.. Statement of Récommended Practice 8pplicab1e lo charilies preparing their accounts in accordance with the Financial Reporting Standard appllcab1e in the UK and Republic ol Ireland IFRS 1021" Objecllves and actÉvitles The ch8rity's objectives, as defined In ils Artides of Associatson. arè lo advance the education of th8 pupils al Coopers Edge Sehool, il being acknowledged that, in carrying out the Objécts, the company musl have regard lo Its obligation Its promote communlly cohesion under thè Education Acl5. The Coopers Edge Trust 18 a community-led organisation, which operates the new primary school and community centre in Coopers Edge. The organisation was fortll6d as a result of 8 successfu1 pioposal from the Community Edge Community Group and the Robinswood Trust. Tha trust aims to provide a15 mèmbèrs of thé Coopers Edgg communlty wilh opportunities to achièv8 their full potential. We want to provide all residanls, regardless of their sooial background, with the opportunity Its.. be healthy., liv8 in a safè community- enjoy and achieve. through Irainlng and education available to 8118g6s,' mak@ a positlve contribution to the communily., ond achieve economic wellbging. Slgnlfloant activities The main areas of charItae activity can be broken down into four key streams.. cc)mmunity organising., financial stsbllily ol rgsiderEis', developmont of health and well-being se¥vlc8S', and improved community engagemenl. As a neighbourho(Kl wlh low IEvels ol social capital the charity's immediate activities are focusad on creating opportunities to strengthen pro-social relatlonships between neighbour5, whi151 improvlng access to local sèrvlces. Through cornmunily organising thè TrL*St will promote resilience across the communlty by improving accèss to service5 and strengthening ties treen Iriends, families and neighbours. Wilh 30% Df social housing on the development, the Trust's Int6nlion is to provide workshops and sel¢e$ to give peoplè them the skllls Jnd ¢onlldence to improve Iheif charlcèg ol employment. This work slfeam alsD extends to protnoting and dislribuling seed lundillg for social enlerprise. By offering rasldènls pump prime funding and trainlng in starting up businèsses, the Trust hopes 10 8ncourag6 the growth ol social enlerprisas, thus conlribuling to employment and neighbourhood prosperity. The provisic)n of health and well-b8ing seNic8s Includes WOTk8hops lor a range ol childcare issues. Furlhsrmtsre. the Irusleos recognise Ihe role sport can play in bringing people log8lher so will also create tspportunrties for people ol all ages lo participate in sport and fitness activities Public beneflt In planning Ihg charity's activitles for thg period the Irust8$s kept in mind the Charily Commission's guidan on publlc benefil. The locus of th8 charSly's activities during the pgliod, whlch explains the delivery by the charity of publio benelil, is set out below und8r'Achièvèmenl and performance, and above under'objectives 8Nd aims,.
THE COOPERS EDGE TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Achiev8m8nt5 and performanc Significant actiwlies and achievem&nls against objeclives During the period Ihgr8 was eontinued developm8nt for The Cwpers Edge Trust, following the restructure of aclivilies and roles, the continuing success of OUT slrale9ic partnetship Iwith Deli Edge) and tho streamlining of a nurnber of ThIre activilies we havo continued our locus on th8 piofilability of the centre which ensures the centre r8mains a viaNe self-funding operalion and allows us lo fund further community activities in the future. We are particularly proud that the cenlre has continued to StreTgthen its lies with its existing Cornmunity user base and is now used by an everloW1ng section of the community, the Community Centre continues lo b8 a real hub for the cnmmunity. What we achieved in the period.. posted a profit lor the centre for thè second year running continued operation 3nd dèvèlopment of the community centre including considerable maintenance activity continued lo work wth key partner (Deli Edge) who manage the café onlinued improvement of the finsnclal position of the Tru51 supported growlh and development ol the cornmunily continued to support the growth and developm6nt of Coopers Edge School fUrthed relationships with Uplon Sl Leonards, Hucclecole and Brockwc>rth Parish Councils An area that we all wish tts imprové is the reath lo comrnunity members who are childl888 or have adult children. These are the demographics who are ¢urrenlly under served by th8 c8ntr8. Community Centre Pèrfoimaneè Over the past year the Community Centre has stayed financially stable. while continuing lo be a community hub and providing a reasonably priced venue foi events. We have also invested some ol the profits marte from hlring the centre lo improve our onllne impact, with a vibrant and user.friendly website and new booklng system. As well as putting the monies back into Ihe ¢entrÈ for essentsal maintenance gnd iepairs Ihal have com8 LSP ov8r the past year (including pleclrical safety and boiler repairs), we have also eTllployed a specialised contractor to overse$ maintenance and laige rgpairs. Due to several unexpo¢led Issues over the past year, It was fell that having an annual contract 1¢> maintain lh8 buildlng as w&ll as ensuring we comply with any regulation's was esséntial. The partnership belwBen the Centre and Deli Edge Café conlinues lo grow and be of benefit to both, together we have improved the facilities as wall as continuing lo offer a waim & welcomlng space to the eommunily. We have Gontinufjd to support and engage wilh local peoplE starting up new projects, Rs well as supporting our already large network of Éxisting hirers. While larggling a new user demographic ol older adults without ¢hildr8n, wtlh the Introduction of walkitTrg Crickèt with the support of The Gloueèslèrshire Cricket Foundation. We hope to grow these typ88 of actions over the next year. We have also continued wllh Ire¢ ¢ommunlty events, includlng ourAnnual Christmas event, Summer Parly and with th8 Coopèrs Edge Community Church a lange of Free Surnrner Olyrnpie èvents. We are now in a position ol posltlve growth, good customèr retention and ar8 financially stable.
THE COOPERS EDGE TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 UtilisationlUsag• 3Q) 1 2 1 2(M) 150 50 I,,fflil,,,,,, ,, NOV DEC JAN FEB MARCH APRIL MAY JUNE JULY AUGU57 SEPT Sp)rts Hall • Meedng Room I Meeting Room 2 ll Boih Meeting flooms # Badininton Courts The above graph shows room utills8tion by number of hours for each month, A5 YOU Can see the sports hall rernains consistent from November to July, dropping in August lor plann6d summer breaks by regular hirers. Howgver. these figures change during August, as we implemented a n9w booking System which went live from Seplernber. The data is r8cord8d slightly differèntly but still shows a good uptake frorn S&pt8mber and October. We will have a clearer view of the irnpacl of our booking system changes in the 24-25 report. The below chart shows that utllization ha8 grown significantly in September and October, we expect this to even out over the next year. Total Utilization by Y. 45° ',25% 1-111 TOTAL ufiLI2ATION NOV • DEC IAN •FEB llMARCH llAPRIL •MAY •IIJNE ¥JuiY MAUGUST •SEPt
THE COOPERS EDGE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Th8 utilisation data is backed up with the number ol bookings overall across the year. Th8 below chart show5 th exp8Ct8d diops in bookings in December. April and August that follows the school year trend with hirers aiming al childrenlyoung children. This also shows the increase that we have had with new bookings In September and Ortob8r. Total Bookings Oct 23- Nov 24 1150 ', i(x) so Financlal r•port The below shows the month by month profil and loss. As you can see overall for the y$ar we have managed to make a stnall profit, continuing lo bfy sustainable while ensuring the future of the building with planned works. Profit & Loss 23-24 s0 4tx)o 2(X)O i(x)o Nov Dei 2023 2023 2024 Feb Mai Apr May 2024 2024 2024 2024 lun Jul 2024 Au8 Sppt 2024 2024 2024 2024 Income Admin cosloutgX>ill8S orher Incomelthnations P¢lir/Lossafter tax3tlon
THE COOPERS EDGE TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 When compared lo th8 prèvious 5 years figures as below you se8 that although we mad8 less ol a profil this year we are still growing and 8ra in a more stable position going forward. 5 Year Prof it & Loss Comparhson 23-24 i(x),om.i>o o.wo.(x> (),(.(x} 20,m(X 0.00 2024 2023 2022 202 120tw.(x)I rt89SilE5 Oil)er Incnrnp/fJoiiXtithrlS PioffirlL05$ Future.. We hope to continue this growth in the ntrxt year. while continuing our support for local people. We are looking long term to investigate the use of grants to enhance the offerings al the community centre. We are also committed to helping to provide free training and workshops for loweriincome local families as well as growing our events calendar, We are expecting to bè closèd for one month nèxt year while essential bullding work is undèrtaken by Stroud Dislri¢t CoLJnciI. This needs lo be completed before w8 take ownership ol the building in Ihe lulure. Financlal r¢vlew The results lor the p8rlod are shown in the allached finahcial statements. ReseThes policy The Trustee Board has agreed that £10,000 ol reserves should b6 held to support the next years planned activities. The Board consider that the Trust's reserves al 31 October 2024 are adequate. Financial rolationshlp with Cooptrs Edg• School For the purposes of clarity these financial sl8t8menls do not record any transactions of Coopers Edge School, as the charity is not presently responsible lor the running of thè school.
THE COOPERS EDGE TRUST TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Plans for future period5 What we hcTrpe lo achi8ve in the next financlal year.. * continue to operate Ihg centre at profil work wllh the 3 parishes to look at opportuniligs IE) 5UPPOrt youth provlslon provlde coniinuing support to the new allolmenl facillties being built in Ihe comrnunily work with Councils, developers 8nd the communily to 8nsure long term provision of community facilities and serviLes in Coopers Edoe continue lo support thè growth and dèvelopment ol Coopers Edge School 8mpower the local cornmunlty lo develop Ihelf own resources and resilience. in order to grow as individuals and a communlty. Structure, governance and manayomènt The charity is controlled by ils governSng document. the Articles of Assoclation dated 14 October 2010, and conslilules a limited ¢ompany, limited by guarantee, as defined by the Companies Act 2008. The Articl8s ol Association have beèn amended by special resolutions on I g June 2011 and 23 June 2011. Recruitment and &ppolntment of frusle85 New Irus188s arè appointed by Iheii'sponsorlng, organisalion (see below und8r.organisalional sltucture'l. Organi$at40nal structUTe Sublecl to any restrictlL)ns Imposed by Ihe Edueaiion Acts, meTllbBrshlp of the Twsl is open lo any other Individuals or organisations interested in promoting the Objects c>f the charity who= are 8PPToved by the Trustees following th8 approval of the goveming body of Coop8rs Edge Pr6mary Scho. and sign Ihg register ol membÈrs or consent in writing to become a mèmber either personally or lin the casg of an organisalionl Ihrough an aulhorised represenlalive. The Iruslees of the tharity are also dlrectors of the company and under the Companys constitutton are known as members of the Truslee Board. The numbor ofTruslegs cannot be less than two or Thofe than IwelvÉ. The Truslge Board is currently madè up of,. Tfuslees appoSnted by local parish councils- three Trust88s appointed by IhB Coopers Edge Community Group., and two Trustees appolnled by the governing body of Coopers Edg@ Prlmary School. Inductlon and trainlng of n•w trustees Trustees have a wide range of public privatè sector expertise, includlng education. Ilnancial and salès and management skills. Where Irustee training needs ar6 identified, appioprlato courses are provided. Rlsk management The trustees have a duly lo ¢denllfy and review the ri8ks to whlch the charity is exposed and to onsure appropriate eontrols are in place lo provld6 reasonable essurance againsl fraud and error.
THE COOPERS EDGE TRUST TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Statement of Tru$ta•s' Respon$ibilltSos Thè truslees (who 8re also the dife¢lor$ ol The Coopers Edga Trust for tho purposes of company lawl are responsiblè lor preparing Report of the Trusteès and the finanelal statements in accordance with applicable law and United Kingdom Accounlirtg Standards Iuniled Klngdom Generally Accepted Accounting Practice) inclLiding Financial Reporting SlandBrd 1 O2"The Flnanaal Reportlng Standard 8ppliGable in the UK and Republic of Irel8nd' Company18w requires the trust8eS to prepare financial slalemenls Irir each financi81 y8ar which give a true and fair view ol the stale of affairs of the ¢haiitablEI cornpany and of the illcombng re50urc@s and application ol resourcos, including the incom8 and expendituie. of the charitable company for that period. In preparing those financial Statements, Ihe trusteés are required to sèlèct suitable accounting policies and then apply them oonslst8nlly', Dbserve the methods and principlès in the Charity SORP., make judgements and estimates that are rogsonable and prudent., prepare the financial statements i)n th¢ going concem basks unless il is inappropriate to prÉsume that the charitable company will Continue in busine5S. The trustees are responsible for keeping propEr accounting Técords which disGlose with reasonable accuracy al any lime tho finallcial position ol th6 charitable company and to 8nable them to 9nsure that the financial slalement8 comply with the Companies Act 2006. They are Èlso responsible for safeguarding thÈ assets Of the charitable company and henc8 lor taking reasonable steps lor the prevention and detection of fraud and other irregulatIes. The tru5tÉas' re ort was by the Board ol Trustees. hackell Trust88 14 July 2025
THE COOPERS EDGE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE COOPERS EDGE TRUST I r6port lo the Irusle8s on my examination of the financial statements of Th8 Coopers Edge Trust Ilhe charity) for the year ended 31 October 2024. Responsibilltl8s and basis of report As the Iruslees ol the charity land also its directors lor the PUfPOSèS of company lawl, you are responsible for the preparation of the financial statemènts in accord8nce wilh the requirements of the Comp8nl8s Act 2006. Having sallsfied myself that the flnancial slalgmenls ol the ch8rity am not required to bè audited undèr Part 16 of Ihe Companies Act 2006 and are èllgible lor independent examination, I report in respéet of my examination ol the charily's financial slslements carried out under sectn 145 of the Charities Act 2011. In C2Trying out my examinatlon I have followed the Directions given by the Charity Commissi()n under section 14515llbl of the Ch8rilie5 Act 2011. Independent examin•$ statement I have completed my exarninatlon. I confimi that no matters have comè to my attention in connection wlh the 8xamination giving m8 cause to believe that in any material r8spècI'. accounting recoids were not kept in respect of th8 charity as required by section 386 of the Companigs Act 2006. the financial 51atetllBnls do not attcord with those r8cords,' or Ihe financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other th8n any requirement that the financial s181trments give a true and fair view, which Is not a maller considered as part of an independent ex8minalion', or the financial stat6m8nls have not bn prepared in accordance with the methods and principles or thÉ Slalement of Retommended Practice for accounting and reporting by charities applicable lo charities preparing Ihelr financial stslemenls in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. I have no concarns and have come across no othèr matters in conneclion with th8 examination lo which attention should be drawn in Ihis report in order to enable a proper understanding ol the linancial 5tatprnents lo be reached. Cinzia Hensley FCA The Association ol Chartered Cerlilied Accounlanls BK Plus Limitèd 6 MartOT Park Business Centrè MaCkee Way Cheltenham GIoucEStershire GL519TX England 14 July 2025
THE COOPERS EDGE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Unrostrlcted lunds Unre$tric¢ed lund& 2024 2023 Notes Income from.. Charitable activities 72.357 72.011 Total income 72,357 72,011 Expenditure on: Charitable aclivilies 57.532 48,188 Total èxpèndlture 57.532 48,188 Nèt Income and movèmant In fund$ 14,825 23,823 Reconciliation of funds: Fund b21ancos at 1 November 2023 53,642 29,819 Fund balanc•s at 31 October 2024 68,467 53,642
THE COOPERS EDGE TRUST STATEMENT OF FINANCIAL POSITION ASAT 31 OCTOBER 2024 2024 2023 Notes Currgnt assets Débtors Cash al bank and in hand 2,196 68,487 3,34 55,413 70,683 58,753 Credltors: amounts falllng duè wllhln on• year 12,2161 Net cufrenl a$$•ts 68,467 S3,642 The funds of the charity Unreslrlcted funds 68.467 53,642 68.467 53,642 The company 18 eNli11od to the exemption from the audll requlrEmont Contained in section 477 of the Companles Act 2008, ftsr the year ended 31 October 2024. The dlrectors acknowledge their responsibllilies for complying with the requlraments of the Companies Act 2006 with r8gp&ct to accounting records and the preparation of financial stslements. Th6 members have not required the company lo obtain an audil of its financial statements for the year in question in 2ccordance with section 476. Thèse financial sl8lements have bean prepared in accord8nce with the prO810n$ applicable to companies subjecl to th8 small compani85 regime. Th6 financial s pproved by the Iruslees on 14 July 2025 MrAP Trustee ackell Company reglstration number 07407883 (England and Wales) 10
THE COOPERS EDGE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Accounting policies Charity Infomiatlon Tho Coopets Edge Trust is a private comp8ny Ilmitgd by guaranlee incorporated in England and Wales. Th8 registered office is Cprg Edge School Typhoon Way, Brockworth, Gloucester, GIOUstarshIrÈ. GL3 4DY. England. 1.1 Accounting eonv•ntlon The financial statements have be8n pr8par•d in aCCoance with the charity's 9overning docurnenl, the Cotnpalli25 Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP 'Accounling Reporting by Charili8s'. Slalernent ol Rècommended Practice applicable lo charit18s prèparing their accounts in accordanGe wlh the Financial Reporting StÈndard applicable in the UK and Republic tsf I10 IFRS 1021" Th8 charity is a Public Bènefit Enlily as defined by FRS 102. Tho fv'nancial slalements arts prepar8d in sterfing, which is th8 lunclion81 currènoy ol the charity. Mon81ary amounts in these finala1 slalern8nts are rounded to the neare51 £. The financial slalern8nls hav¢ been prepared under Ihe historical cost eonventic>n. The principal acwuntlng policies adopted are sel out below. 1.2 Charitablg fund5 Unreslricled funds can be us8d in accordance with the charitable objective5 at the disuelion of the trustèes. Restricted funds can on5y be used lor particular StriCted purposes within th8 objects of the charity. Restrictions arise when specified by the donor or when fund5 are raised lor particular restrictèd purposes. Further explanation ol the nature and purpose of each fund is includ8d in the notes to the financial st8temÉnts. 1.3 Income All in¢ome is recognlsed in the Slal8menl of Financi81 Activilies once the charity h85 enlitlement lo the funds, it is prob8ble that the income will be received and the amotsnl can be measured rfyliably. 1.4 ExpendltLEre Liabilities are reGogni58d as expenditure as soon as Ihew is a legal or constructive obligation commilling the charity to Ihal expenditure, it is probabla that a transfer of econornic bonefits will be required in sett18mÉnt and the amount of the obligation can b8 m88sur8d reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all c051 related lo the cat8gory. Whère costs cannot b8 directly alliibuted to particular headings they have been allocated to activities on a basis Consistent with Ihg use ol resources.
THE COOPERS EDGE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Incom8 from charitable activiti•$ Unrestrictad Unr8stTlctèd funds 2024 2023 Faclllty hlre Cafe income Grants 71,626 731 66,789 639 4,583 72,357 72,011 Grant5 analy$i$ Total 2023 Stroud District Council 4,583 Expenditurè on charllable aotSvltle Total 2024 Tot81 2023 Dlrect Costs Bought in services Sundrie8 Insurance Advertising and marf(eilng Cleaning IT softrare and consumables Repairs and maintenance Light and heal Telephone and TV costs Water rates C2fe expenses Cornrnunity engagement costs 23,892 2,664 1,189 807 1,092 109 11,448 10,194 1,637 3.433 21,765 3,756 1,063 277 173 27 4,376 9,592 1.865 3.216 345 773 25 56.490 47,228 Share of support And gov•rnance costs15ee note 41 Govern&n¢e 1,042 960 57,532 48.188 Analysis by lund unStriCted funds 57,532 48,188 12
THE COOPERS EDGE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Support cosis allocated to aetlvitiès 2024 2023 Governance costs 1,042 960 Analysed bètweèn: Accountancy 1,042 960 Trustees None of the Irustges lor 8ny persons ¢onnected wilh them) received any remuneration or benefits from the charity during th8 ygar. Trustees, 6xp•nsas There were no Iruslees, exp8nsès paid for thè yèar 8ndèd 31 Oetob8r 2024 nor lor the year ended 31 October 2023. Taxation The charity is exempt from laxalion on its adivitlèg betausè all its incomé18 applied for eharitable purposes. Dèbtors 2024 2023 Amounts falling duè wlthln tsna yèar: Trade debtors 2.196 3,340 Cr¢dilor$- amount$ falllng due withln one year 2024 2023 Trade creditors 2.216 5,111 UnrèstrletÈd funds The unreslricled lunds of the charity comprise the unexpended balances ol donations and grants which are not SLJbject to specific conditions by donors and grantors as lo how they may be used. These include designated funds whloh have been sel aslde oul ol unreStrted funds by the Iruslees for specific purposes. At1 November 2023 Incoming resources Resources At 31 Oetok)er expendod 2024 Gèntrral funds 53,642 72,357 157.532} 68,467 13
THE COOPERS EDGE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2024 Unrestricted funds Icontlnuedl Prevlous year: At1 hlov•mb•r 2022 Incoming resources Resourc85 At 31 Octobèr expended 2023 General lumds 29,819 72,011 148,1881 53,642 10 Related party transa¢litsn$ There were no dlsclosablè related party transactions during thè y88r12023. nonè). 14-