2025-03-31-accounts - Falcons Community Sport Centre

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Trustees. Annual Report for the period Period start date Penod end date Year udy From 01 . April 2024 To .11 March 2025 Section A Reference and administration details Charity name Falcons Community Sport Centre Other names charity Is known by Registered charity number (if any) 1144723 Charity's prlncipal address Tarka Tennis Centre. Seven Brethren Bank Bamstaple Devon Postcode EX312AS Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Office (if any) Name of person (or body) entitled toa int trustee Ifan Deborah Beagley Katrina Venner 10 12 13 14 15 16 17 18 19 20 Names of the trustees for the charlty, if any, (for example, any custodian trustees) Name Dates acted if not for whole ear TAR March 2012

Names and addresses of advisers (Optional information) e of adviser Name Address Name of chief executive or names of senior staff members (Optional infonnation) Section B Structure, overnance and mana ement Description of the charity's trusts Memorandum and Articles of Association Type of goveming document How the charity is constituted Company Trustee selection methods Appointed Additional governance issues (Optional information) You may choose to include additional information, where relevant, about: policies and procedures adopted for the induction and training of trustees. the charity's organisational structure and any wider network with which the charity works; relationship with any related parties. trustees, consideration of major risks and the system and procedures to manage them. Section C Ob'eGtives and activities The provision of facilities for recreational sport for individuals who have the need regardless of age, disablement, financial or social circumstsnces Summary of the objects of the charity set out in its governing document TAR March 2012

Providing and maintaining a facility for sports clubs, schools, county and regional associations benefiting the public at large in the promotion of a healthy and active lifestyle. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Additional details of objectives and activities (Optional information) All those involved in the running of the charity do so on a voluntary basis. The charity accepts donations from individuals to assist with the maintenanTr of the building and equipment. You may choose to include further statements, where relevant, about: policy on grantmaking., policy programme related investment" contribution made by volunteers. TAR March 2012

Section D Achievements and performance Summary of the main achievements of the charity during the year Falcons Community Sport Centre has provided a facility for: Over 900 users per week in sporting activities The North Devon schools hold their annual competitions here for over 650 Ghildren The Devon Gymnastic Association and the South West Gymnastic Association hold their competitions at the ntre Petroc College support leaning using trampolining as their therapy The British Gynastic Association runs coaching courses from the facilities TAR March 2012

Section E Financial review The charity maintains minimal reserves. All fees are kept to a minimum to ensure open usage to all. Brief statement of the charity's policy on reserves Details of any funds materially in deficit Further financial review details (Optional information) Funding comes from the hire of the community centre by users. This is kept at a level to pay off the loan and rent to North Devon Council for funds given to help with the initial build costs, maintenance and running costs of the building You may choose to include additional information, where relevant about: the Gharity's principal sources of funds (including any fundraising)- how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Section F Other optional information The community sports ntre is run purely by volunteers Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Deborah Beagley Trustee Date 3oliolls TAR March 2012

Re ort of the Directors and UnaudFted Financial Statements for the Year Ended 31 March 2025 Falcons Commun" S ort Centre

Falcons Communi S rt Centre Contents of the Financial Statements for the Year Ended 31 March 2025 Page Company Information Report of the Directors Income Statement Balan Sheet Notes to the Financial Statements Detailed Income and Expendtture Account

Falcons Communi S rt Centre Com an Information for the Year Ended 31 March 2025 DIRECTORS: Mrs D J Beagley Miss K Venner REGISTERED OFFICE: Tarka Tennis Centre Seven Brethren Bank Stiklepath Bamstaple Devon EX312AS REGISTERED NUMBER: 07751854 (England and Wales) ACCOUNTANTS: KRPM Business Solutions Limited Little Bursdon Hartland Bideford Devon EX39 6HB Page 1

Falcons Communi S rt Centre Re ort of the Dir ctors for the Year Ended 31 March 2025 The directors present their report with the financial statements of the company for the year ended 31 March 2025. DIRECTORS The directors shown below have held office during the whole of the petiod from 1 April 2024 to the date of this report. Mrs D J Beagley Miss K Venner This report has been prepared in accordan wtth the provisions of Part 15 of the Companies Act 2006 relating to small companies. ON BEHALF OF THE BOARD: Jbeo Mrs D J Beagley- Di Date: Page 2

Falcons Commun S ort Centre Income Statement for the Year Ended 31 March 202 31.3.25 31.3.24 Notes TURNOVER 36,747 24,730 Distribution costs Administrative expenses 629 13,280 17,307 17,307 13,909 OPERATING SURPLUS 19,440 10,821 Interest payable and similar expenses 649 1,248 SURPLUS BEFORE TAXATION 18,791 9,573 Tax on surplus SURPLUS FOR THE FINANCIAL YEAR 18,791 9,573 The notes form part of the* financial statements Page 3

Falcons Communi re istered number: 07751854 Balance Sheet 31 March 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 783.712 788,118 CURRENT AssErs Debtors Cash at bank 3,600 2,474 8,741 8,741 CREDITORS Amounts falling due wtthin one year 6,074 7,661 7,782 NEf CURRENT ASSETSI(LIABILITIES) 1,080 (1,708) TOTAL ASSETS LESS CURRENT LIABILITIES 784,792 786,410 CREDITORS Amounts falling due after more than one year 33.250 53.659 NET ASSETS 751.542 732,751 RESERVES Incorne and expenditure account 751.542 732,751 751,542 732,751 The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audrt of its financial statements for the year ended 31 March 2025 in accordan with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for: (a) ensuring that the company keeps accounting records which comply wrth Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of tts surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companieg Act 2006 relating to financial Statements, so far as applicable to the company. The notes fomi part of the financial statements Page 4 continued...

Falcons Communi S rt Centre istered n mber: 07751854 Balance Sheet- continued 31 March 2025 The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Board of Directors and authorised for issue on and were signed on its behalf by: bJ 60• Mrs D J Beagley- Di The notes fomi part of these finanaal statements Page 5

Falcons Communi Notes to the Financial Statements for the Year Ended 31 M rch 2025 STATUTORY INFORMATION Falcons Community Sport Centre is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. ACCOUNTING POLICIES Basis of preparing the financial statements These financial statements have been prepared in arOrdan with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Iieland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical st convention. Turnover Tumover is measured at the fair value of the consideration reiVed or receivable, excluding discounts, rebates, value added tax and other sales taxes. Tangible fixed assets Depreciation is provided at the following annual rates in order to wrtte off each asset over its estimated useful life. Plant and machinery etc 15 % on reducing balan Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilrties are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balan sheet date. Deferred tsx Deferred tax is recognised in respect of all timing drffQrenS that have originated but not reversed at the balance sht date. Timing dIfferenS arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tsx rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing differen. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of dof@rred tax liabilities or other fijture taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to sutplus or deficit on a straight line basis over the period of the lease. EMPLOYEES AND DIRECTORS The average number of employees during the year was NIL (2024 - NIL). Page 6 continued...

Falcons Commun S ort Centre Notes to the Financial Statements - contin for the Year Ended 31 M rch 2025 OPERATING SURPLUS The operating surplus is stated after charging: 31.3.25 31.3.24 Depreciation - owned assets 5.424 6,202 TANGIBLE FIXED ASSETS Plant and machinery etc Land and buildings Totals COST At 1 April 2024 Additions 752,973 139,904 1,018 892,877 1.018 At 31 March 2025 752,973 140,922 893,895 DEPRECIATION At 1 April 2024 Chaige for year 104,759 5.424 104,759 5,424 At 31 March 2025 110,183 110.183 NEf BOOK VALUE At 31 March 2025 752,973 30,739 783,712 At 31 March 2024 752,973 35.145 788,118 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors 3,600 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Taxation and social security Other creditors 986 530 6.145 1,548 345 5,889 7.661 7,782 Page 7 continued...

Falcons Communi S ort Centre Notes to e Financial Statements - continued for the Year Ended 31 March 2025 CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.3.25 31.3.24 Bank loans 33,250 53.659 Page 8

Falcons Communi S rt Centre Detailed Income and Ex enditure Account for the Year Ended 31 March 2025 31.3.25 31.3.24 Turnover Donations Rental Income Grants 15,189 21,058 500 1,500 23,230 36,747 24,730 Expenditure Hire of plant and machinery Other establishment costs Light and heat Repairs and renewals Household and cleaning Waste Accountancy Subscriptions Other professional services Depreciation of tangible fed assets Plant and machinery Fixtures and fftts.ngs 62g 420 5,885 1,355 5,127 1,972 1,031 1,203 633 175 375 603 170 3,456 1,968 3.886 2,316 17,295 13,909 19,452 10,821 Finance costs Bank charges Bank loan interest 12 1,248 661 1,248 NEf SURPLUS 18.791 9,573 This page does not form part of the statutory financial statements Page 9

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Falcons Community Sport Centre

On accounts for the year 31 March 2025 Charity no 1144723 ended (if any) Set out on pages 1 of 3 (remember to include the page numbers of additional sheets)

Respective The charity's trustees are responsible for the preparation of the accounts in responsibilities of accordance with the Charities Act 2011 (“the Act”). trustees and examiner

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. [The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of ACCA .

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
to state whether particular matters have come to my attention.

Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent In connection with my examination, no material matters have come to my examiner's statement attention.

I have no concerns and have come across no other matters in connection 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.

Please delete the words in the brackets if they do not apply.

Date:
	30 October 2025	30 October 2025	30 October 2025

Signed: Name: Katie Parsons Mason ~~Pe~~

IER

Relevant professional ACCA qualification(s) or body (if any):

Address: Little Bursdon Hartland, Bideford Devon EX39 6HB

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

IER

Give here details of any items that the examiner wishes to disclose .

IER