Charlty regi$trat6on number 1149697 (England and Wales) Company regislratlon number 08107118 RECREATE DORSET ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A21 AEHR6SN6 19112r2025 COMPANIES HOUSE
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RECREATE DORSET LEGALAND ADMINISTRATIVE INFORMATION Twstees Angela Pooley Pamela Donnellan Chris Thomas Maria Ames James Oay Ewa Zabarylo Kafolina Bilvinaite Angel Boateng Charity number 1149697 Company number 08107118 Registered offic• Old School House Gladstone Mews Bos¢ombe 8ournemouth Dorset 8H7 68G Independenl Examiner Streets Rowlands Webster stin House 43 Poole Road Bournemouth Dorset England BH4 9DN
RECREATE DORSET CONTENTS Page Chairman's stalement Tru$tee8' report Independent examlnerfs report Statement of financial acllvities Balance 8heet 10 Note8 lo the financSal statements
RECREATE DORSET CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2024125 has continued to see growlh and development of our successful community hub, The Old School House (TOSH) in Boscombe. Hèrè is wher8 W8: provrde accessible and participatory activities reaching som8 of the most vulnerdble and disadvantsged cornmunities in Boscombe and beyond: offer a welGoming space for independent freelance businesses to work in a coworker communty; deliver our profession81 development programme, offering ski118-based trainlng and buslness advice for the creative sector; and bulld collaboratfve projects, working with partners locally and nationally. Our community workshops have continued to make slgnificant impact on those taknng part, wlth strong testimonials providing evidence on how it supports their health and well-being and builds friendships and connections. Feedback from our professlon81 development programme shows how Important these events are for bringing businesses together. sharing skills, building networks and benefiting from the insights and knowledge from experts in the field. Our partnershlp work conlinu8S to thrive, wth each y8ar we hav8 been developing engaging and participatory collaborative projects, w01ng with organisations lOllY and regionally. Our outreach aclivilies on and off site have also expanded, includlng showcase events, exhibitions. and festival collaborations celebrating the outstanding work crealed by our communlty pro9rammes. Community Mondays. Young at Heart, The Oulslders Project and Seeklng Refuge Project. This year we delivered a Summer Festival in collaborats'on with BEAF Arts, with exhibitions, workshops and events delivered to highlight National Refvgee Week and N8ts'onal Windrush Day. Summ8r 24 also saw the offiaal launch of our communty garden. built with over 150 local people all from our community, whlle In Oclober 24 we organised our first Open House event lor the Boscombe Arts Weekender. Here we opened our doo for visitor5 as part ol the Art Trail and look part in a programme of exhibitions. studio openings. community workshops and eXhibionS. The charity has also partnered with BEAF Arts to deliver Access BEAF. an important element of our collaborative prolesslonal development programme, Open School Creative. Fund8d by the Paul Hamlyn Foundation, it offers a yearlong programme to individuals who have encountered slgnificant barrlers to participating in the arts and education. In 2024 this programrne focused on support for practitioners from the global m81orfty and provided a serles of workshops, business support and showc8slng ol their work lo help bulld a new local network and suppart group. The Trust Is very grateful for Ihe contlnued support fr(Yn Trusts and Foundatlon to help bolh with our capital development prolects and Ihe dellvery of the Lx)mmunity programmes. Grants have made possible the community garden. the Incluslon of th8 new central heating al TOSH. the extension of the buslne$s support programme Open School Creatlve and the expansion ot our weekly community heafth and wéll-being workshops Our small team of four part-tlme staff. supported by our actlve Trustees. volunteers and freelance project workers. manage the day-to4ay running of the charity. We continue to benefit from the &year Lottery Community grant which funds our Community Coordinator, and this post continues our partnership with 8EAF Arts to deliver Tha Outsiders Project. An unrestricted grant from the Henry Smith Trust has also been a key fund to develop our communlty programmes and along with many grants, the Trust is very grateful to receive this ongoing suppi)rt so we can continu8 to d8velop a much-ne8d8d community r8source in one ol the m05t depriv8d wards in the soulhwest. The staff and Trustees are supported by an accounlant, who has continued to provide financial advice and prepare quarterfy management and annu818ccounts. The Trust continues to conc8ntrat8 ils key activitles on supporting two of the aims sel out in th8 Memorandum and Artldes; 1) The creation of training and employmenl opportunities by the provision of workspace, buildlngs, andlor land for use on lavourable terms; and 2) to develop the capacty and skills of the members of the socially and economicalty disadvantaged community of Boumemouth and surTounding area in such a way ihal they are better able to identfy, and help meet, their needs and to participate more fully in society. (s88 detailed programme below). Chairnian Date..
IATE DORSET. TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Tnjstees, vtho are Directors for the purposes of company law, presenl the Annual Report together with the nancial statements for the ¢haritable company for the year ended 31 March 2025. The financial statements hsve been prepared in accordance with the accounting poliues set out in nole 2 to the nancial statements and comply with the charlty's governing document, the Companies A¢t 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP 'P£counting and Reporting by Charities: Ststement of Recommended Practice applicable to tharities preparing their accounts in a¢¢ordance with the Finan¢ial Reporting Standaid applicable in the UK and Republic of Ireland (FRS 102)". Introductlon The Trust continues to work towards its overall vision to see 'a sustainable Bournemouth which has thriving, indusive communitie8 in which all groups have a voice.. The Tfugt Is committed to make a lasting and worthwhile difference to the overall quality of life in Bournemouth. It will continue to achieve this through partneishlp working and by geneiating or raising funds lo invesl in projects N%thich benefit the most vulnerable and deprlved and those not achieving their 11 potential. This report outlines the govemance. aclivities, and flnances of the Trust for the fjnancial year ending on 31st March 2025 Objecllves and Activities for the Public Benefrt The charity'8 objects are: 1. The promotion for the benefft of the public of Uan or rural regeneration in areas of social and e¢onomic deprivalion and in particular in Boumemouth & surrounding areas by all or any of the following means: (a) The creation of trainlng and employment opportuntlle8 by the provision of vffjrk8pace, bulldings. andloi land for use on favourable terms; (b) The provlslon of housing foi those who awe In conditions of need and the improvement of houslng in the public sector or in charttable ownership provided that such power shall not extend to relieving any local authorilies or other bodies of a statutory duty to provide or improve housing; (¢) The protectlon or conser¥ation of the environment and the prudent use of resources; 2. To develop Ihe capachty and skills of the membern of the 8oclally and economlcally di8advanlaged communlty of 8ournemouth and surrounding area in such a way that they are beller able to identify, and help meet, Ihelr needs and to particlpate more fijlly in society. 3. Such charltable purposes for the publlc benellt as are exclusively tharitsble accordlng lo the laws of England and Vwdles as the trustees may from time to time delermine. The BuYJness Plan 18 regularly reviewed and the board receives updates on key actlvltles at each Trustee meeting from the Oirector, with an annual summary of progress at the end of the year. The priorities and objectives of the Trust are aligned with the ¢harrtable obie¢ts of the organisation within the plan to ensure that all resources are appropriately used. Al new and existing projects are evaluated against Ihe Trusfs iorities, charitable objects described above. The Trustees have complied wlth their duty in seclion 17{5) of the Charifjes Act 2011, having the regard to public benefit guidance published by the Charty Commission.
ftECREATE DORSET TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aclivities and Projects 2024-25 Financial Year Background Our community hub, TOSH provides a much-needed accessible community space in an area of multiple deprlvation. Alongside the hub space the Trust also provides 11 share ownership properties for local people on low 5ncomes, a communlty garden and allotment, all open for our local community to use. Each yeai the TNst'8 engagement programme supports 1,000's of local people from the many diverse communities based in Boscombe vtho rne to TOSH to attend workshops, events, language dasses. exerdse dasses, one-to-one support and advisory sessions. The programme also offers signposting to help people access other support and resources in the area. TOSH welcomes over 10,000 visitors to the slte each year, The priority for BUPPQrt for the community programme focuses on worklng with people In recovery, those struggllng with poor health, the elderly and young families on low income, refugees and asylum seekers. Alongside the community piogramme the Tnjst provides skn'lls and business support for the developSn9 creative and digitsl sector with activities to offer 8rnall creative businesses Including inojbator space, co-work and hot desk facilities and business support and networking events, workshop¥, 1-1 and group trainlng. TOSH was oilginally part of a fomier ethjcation ntr•, whSth remained derellcl and unocwpied for many years, The building was gifted to the local community as a place of leaining by the family of the poet Percy Shelley and formed one of the first public schools opened in the country. Set up as the Boscombe British and Foreign School it carried out the work of a young Quaker named Joseph Lancaster who founded his first sd)ool in Southwark in 1798. The school was set up to provide education for 'the industrious classes., As the school moved to larger premises, the building became the award-winning Boumemouth Drama Centre, where former pupils included choirmaster and broadcaster, Gareth Malone and fashion designer Graham Fraser. Ajthough a large part of the orlglnal building demolished, in 2014 through a partnership Viith Bournemouth Council and supported by EU funding, the Trust saved the remaining grade two lisled building and built 11 share ownership propertles for local people on low incomes on the same site along with a garden and allotment, It therefore has a 8ignificant <xllural and historlcal place to play wilhin the Identity of Boscombe and its ar¢hite¢tuial heritage story. 2024 saw the final stages of the install of our new heating system, indudlng solar panels allowin9 US to provide yearwround provision of our communlty and hireable spaces. Since the refurbishment, the TNst has seen a 8lgnificanl Increase in enquiries lor hlre8 Qf the Assembly Hall, Atrlum and prlvate meeting room spa, and have become booked regularfy for all 8esslons across the daytime, evening and weekends. Community hires have continued to Increase in 2024r25, wlth regular hires from key locallnab'onal charites and organisafjons including Shelter, the Hampion Trusl, Help & Care, ArtsAble Group, CAN (Communty Actlon nebNork) and ICN {intemational Care Nelwork). In¢ome from hlres and the c0-vrkIng space a¢Unt for 25Vo ol the Tru81'9 Income. Gladstone Mews The Trust's 11 share ownership properties contlnue to offer local people on low incomes 650/0 owneishlp of their homes, with the opportunity to slaircase to a maximum of 85%. Most of the residents have been In the properties since they were first built in 2014, with a few moving on to larger properties as their families have expanded. There are 9. 2-bed properties, 1 , 3-bed property and 1, adapted property. The land surrounding the properties is in the ownershlp of the Trust vthich indudes the garden and allotment space. In this financial year, one propety went on the market. All sales follow a strict assessment ¢riterion fow prospective buyets to ensure the properties iemain a resource for local people. Community Programme and Partnershlp ProJ•cts 2024-26 The Trusvs communty programmes continue to develop new partnerships and projects. expanding the work the Twst undertakes lo support the most vulnerable and marginalised residents in the local Community. They are funded independently from grants from Trusts and Foundations, and all the activities are provided free with several also offering a free hot meal. The meal is important in helping to bring the communities together, Ixjilding stronger bonds and ¢onnecb'ons between the parti¢ipants, many of whom are very isolated and due to poor heath, spend considerable time on their own. The particlpants report very positively that TOSH is a place where they feel welcomed, and where they make new frbendshlps lIe enjoying a creatlve aclivty whlch helps with thelr mental health and well-being. .Yhursdays have become my favourite day, I forget everything, we learn in a fvn and comfortable way, it's an important aclivity for my mentsl health, l enjoy il a lof, 'it is an excellent a¢tivity that keeps the mind occupied and unleashes creativity and individuallty., The workshops are so welcoming and Incluslve, and they have helped me feel safe and able to get involved. 'Coming to TOSH has done so much for my confidence and grown my social skills for the first time in my life. My mental health has improved so much; fresh air and exercise in the garden helps me feel younger and happier..
RECREATE DORSET TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Orchard Garden Building The orcha Oarden The garden was built vath nature and community al its heart. Involving over 150 local people in the design, build and planlng of the garden. creating an indusive, accessible and welcorning space. Recycled materials were used to build pathways and seating, individually designed ceramic tiles were embedded into the seating circle, and the intemational women of the Seeking Refuge Projecys 'Threads' group made cushion covers and bunting. Local charity Faithworks and their workshop team 6Yeated the arbour seat. The Orchard Garden officially opened in July 2024 and to commemorate thls mileslone, we were Joined by over 100 people, to share global foods and engage in nature themed crafts. Now planned as an annual celebration. the garden offers an opportunity for our diverse communities to come togethei, celebrats'ng this indusive space and all that it represents. This year has seen the development of a new piogramme of workshops and activities, supported by a team of garden volunteer5 who are helping to look after the space. Funded from Pèople's Health Trust, Wessex Water, Bournemouth Coastal Lottery and BCP Council. Initially a 2-year community projec( running from 1 December 2022 - 31 December 2024. Additional funding from Slarbucks and Sovereign Networf( Group has allowed the project io continue in 2026. The Outsid•r8 Pmject A 5-year partnership PTojecl fvnded through the Lottery Community Fund, which ends In 2026. The grant supports a workshop piogramme and a Community Coordinator role. It is our longest established group in partnership with BEAF Arts Co, meetlng weekly for creative vthtlng and photography workshops, 'lock-ins', performance8 and outreach work. The programme indudes 8UPPOrt for mentoring and tralnlng. offering partlcipants opportunities lo train as workshop and project leaders. In 2024 the projecl ¢ontinued to connect with organisations and agencies in the area, providing a outreach programme extending links viith the recovery. health and welkbeing sector throu9h delivering workshops out in the community and health venues, induding We Are Wth You, St Ann's Mental Health Hospital, Street Scene, the Provldenl and BCHA refuge group. The projeet continues Its contract with Weslon College to deliver w¢xkshops and performances In HM prlsons. The project toured to 10 prisons across the soulhwest auoss 2024., The outcomes have been extremely positive. the su¢cess due to the lived experience of the rkshOP leaders and Iheir ability to engage on many levels with the workshop participants. A new daytime and LGBTQ+ creative wriling workshops started in January 2025, adding an extra space for people to attend alongside oui Tuesday evening VrkShOp, Ythich have been at fvll capacty. Additional projects indude a new public art commission from BCP Council as part of their improvements on the seafront, creating text works for a public art trail, selecting 5 of our Yffilers for the commission., a performance of Tattoo for the opening night of the Boumemouth Vltritng Fests'val In Til followed by a national tour of Tattoo across the lest of 2025. Seeking Refuge Project The women's group meets every Thursday N*here the women partEc4pate in textile projects creating collaborative work vknich are showcased in the partnership events. In 2024. the group started a new project, VrkIng towards National Refvgee Day on 15 June 2024, with a collaboralive work on the theme of 'home'. The work created a seth'ng for a communal meal, with eath member of the group embroidering a traditional dish for a large table setting. This Yfas exhibited in the Journeys of Resilience exhibition for the 8E4F Summer Programme. A new music group stsrted in spring 2024, delivered at the hotels, and also at The Dignity Centre in Boumemouth. An additional grant received from Dorset Communty Foundation from their 'Welcome Fund, has supported ongoing costs of the workshop programme and providing lunch for the women's textile workshop.
RECREATE DORSET TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Funded from many sources. including People's Health Trus( Valentine Foundation, BCP Food and Eneryy SupporL Weekly Thursday Threads attended by women. Cinema nights. music w)rkshopi backgammon and Gornrnunity gardon attended by men. Dorset Polish Community - Young Al Heart Run as a weekly group for the elderly Pollsh community. who due to poor language skills have found themselves isolated and lonely. The projecl includes a monthty family event on Saturdays. The weekty meetings wiclude English Language 8essions and lexlile adivities plus a healthy lunch. Funded from Dorset Communlty Foundation and People's Health Trust CommunSty Mondays Initially set up as part of central government's warm rooms Initiative, the programme has continued as a vitsl activity for our vulnerable, elderty and less-able community to support their health and vRII-being, pfovlding a Vfdrm and welcoming place to meet otheis and enjoy a free hot meal together. Throughout 2024125 the project, now renamed Communty Mondays has received very posltlve feedback and attracts a target audlen¢e of local people on low Incomes, those thal are very isolated and v¥ith restricted moblllty. The actlvities fill a gap In provlsion In 808combe and connect Vlith other resources in the area to support this vulnerable community. Part of the wann rooms programme across BCP. a weekly dropin programme. including gentle exercise, lunch and an aftemoon creativ• workshopi Sbgnposting and 1-1 supporL Started in January 2023 Partnership and Outreach Events This year we worked in collaborallon 8EAF Arts to dellver a Summer Arts Programme. wnning from 15 - 22 June 2024, featuring an exhibiton, 'Joumeys of Resilience,, crealed ryth our diasporic communities in Boscombe and the Art Pavilion, hoskng perfomiances, music and workshops delivered to highlight National Regee Week and National Vmndrush Day. The Art Pavilion provided a space for free daily c¥eative workshops open to all, with activities beginning on Saturday 15th June 2024. The summer event Culminated on Nalional Wndru8h Day. Saturday 22nd June, wilh a day of free music, dance, performance, and workshops, as well as Caribbean food provided by local vendoTs. We saw over 1 ,500 visitors dropplng by to take part in the activities. We delivered over 20 events, including music workshops with Bournemouth Symphony Orchestra; mask making and puppetry with local artigts Mahtab Grimshaw and Carmel De'usser, cyanotype printing with our Seekin9 Refijge Project and ¢xeative writing V¥ith our Outsiders Project, The exhibition 'Joumeys of Resilience,, eated in ¢ollaboration vdlh our rfiasporic comrnunitbes in Boscombe, was held In Boscombè Ajts Depot (B.A.D.). which Included the latest collaborallve project created by the Seeklng Refvge 'Threads' group. Open House and Art Trnll In October 2024. after the long-awaited instsll of the central heating system, we organised an 'Open House, as part of the Boscombe Art Trail, linking TOSH with the new Haviland Road artists, studios, and the opening of the exhibition marking the first year's completion of the joint Access Programme foT creatives from the global majority. The event drew many new visitors to TOSH, and since this date we have seen an increase of new bookings, hires of our spaces, and an expansion to our mailing list to our neletter. The success of the M Trail and Open House will now become an annual event allowing vlsilors to see behind the scenes of working creative and community spaces and meet artists and creative businesses to find out more of vthat is going on in the grovling cultural community in Boscombe.
RECREATE DORSET TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Creatlve and Digital Skills Prograffthe All the TrusV8 ueative business support now falls under the umbrella of the Open School Creatlve programme, developed in partnership with BEAF Arts. Open School Creative {OSC), provides a specialist programme of business support, skills development, mentoring and nebNorking for emerging and established creatives looking to increase their business ski118 and d18cover more about opportunitie8 available to develop a 8uccessl creativ• enteTPriSe. Events include a weekly Ctrwork Club running every Thursday morning providing free desk space and support from our resident co-vrforker expert, plus Creative Hub sessions, ¥thich are monthly 2-hour networkn'ng sessions, v4ith a guest speaker dellvering crits, business advice and 8UPPOrt. Alongside these regular a¢tivitie6 for cieative businesses. are specialist workshops, for example.. AddStional Incomes for Creatives. Linkedln for Creative Fieelancers & Small Businesses; Show & Tell and individual crit session5. We compleled our 5th sold out Start Up Course for Creative Businesses In June 2024 and received addttional funding from the LEPIDigital Skills Hub to pilot a new S0+ Creative Stsrt-up programme. This 18 a new target market for us. but Kfjth a growing Community of retired people and those vtho want to tum a hobby into a business, oi those ieturning to their creative practice after following a different career path, we have had ¥ery positive feedback on this new course. This trial 6-week x 2 hour series of business workshops will be ievlewed to look at rther options for our successful Stsrt Up Creatlve Programme Flnanclal revlew The Trust banks with Charities Aid Foundation (CAF) Bank. The Trust has an online accountancy facrfty enabling piompt transactions and feal-tlme management, Approprlate securlty ¢ontrol8 are In place lo limit the potentlal for fraud and ensure that I)0 separate indivbduals slgn off transadions. The Trust conllnues to be regarded as a trusted oiganlsatlon wllh good governance arrangements and 8ultable struclure8 to manage donations and other re8OUfces n Ofdei lo improve the lives of people in Boumemouth. Ro¥4ands Webster confjnue a8 the Trusfs Independent Examlner, Ilr8t appolnted kn 2019. Reserves policy The Truslees adopted the follong as their resepies pollcy at their meetlng on 8th July 2013: 'The organisation will maintain a level of reserves sufficient to meet the operating costs of the organisation for a period ol six months, plus the costs ofwinding up, redundancy and legal expenses should such a contingency arise. This will be allocated from the unrestricted reseeS of Ihe charity and will be reviewed annually., This policy has not been updated since and therefore remains the policy of the Trusl. Major risks Risk Assessment The Charity has a comprehenslve r18k register and all 'high' and potentSally increaslng risks are revlewed at board meetings, th a detailed annual revlew which takes place in January each year.
RECREATE DORSET TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, governanco and management Recreate Dorsel (previously 8oumemouth 2026 Trust) is a charitable company limSted by guarantee and was incorporated and registered with Ihe Charity Commission in 2012. The Articles of Association allow lor a minimum of 6 and a rnaximum of 12 Trustees. Chris Thomas continues 8$ Chair and Pam Donnellan as Treasurer. There are currentty 8 Trnstees In total. The Trust undertakes an annual skills and diversity audit, whith indic8l8s whether or nol r8cruitm8nt of trustees is required to add5$ part11£r skills or diverstiy gaps. The Trust Board is in the process of identifying new Trustees to Increase its dlversity and to extend the age range. Tho Trust is based at The Old School House Bo$combe, Gladslone Maws. Boscombo. The trustees, who are also th8 director5 for th8 purpose of cornpany law. and who servèd during th8 yèar and up to ihe date of signalure of the financial statements were: Angela Pooley Pamela Donnellan Chris Thom8S Maria Ames James Day Ewa Zabarylo Karolina Blfvinaite Angel Boateng RecruDlment •nd appointment of trust••• None of the trustees has any beneflclal Interesl in the company, All of the INstees are rnembers of the company and guarantae to contribute £1 in th8 evenl of o winding up. The tru s. r8POrt was approved by the Board of TNst88S. Chris Thomas e . Trust••
RECREATE DORSET INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RECREATE DORSET I report lo the trustee$ on my examination of Ihe financial ststemenls of Recreate Oorset (the charity) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the chartty (and also ils directors for the purposes of company law), you are responsible for the preparats'on of the financial statements in accordance with the requirements of the Cornpanies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Acl 2006 and are eligible for independent examination, I report in respect of my examination of the charity's financial statements Caled out under section 145 of Ihe Charities Act 2011. In carrying out my examination I hav8 followed the Directions given by th8 Charity Commission under section 145(5llb) of the Charitie8 Acl 2011. Independent examlnerfs ststement I have completed my examination. I confirm that no matteryJ have corne lo my attention in connection wlth the examination giving me cause to believe that in any material respect: accounling records were not kept In respect of the charity as required by section 386 of the Companles Acl 2006. Ihe flnancial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requlremenl that the fln3ncial statements give a true and fair view, vthich is not a matter considered as part of an independenl examination: or the financial statemenls have not been prepared in accordance with Ihe methods and principles of the Slalement of Recommended Practice for accountlng and reporting by charities applicable lo charities preparing their financial slalements in accordance with the Financial Reporting Standard applicable in the UK and Republic of I land (FRS 102). I have no concerns and have come across no other matters in connecllon wllh the examlnallon to whlch attention should be drawn in this report in order to enable a proper understanding of the financial slatements to be reached. /kl & Streets Rowlands Webster CTA FMMT Arr(Fellow) Austin House 43 Poole Road 8oumemoulh Dorset BH4 9DN England Date: ...........15112r25.................
RECREATE DORSET STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrostrkled Reslrlctad funds funds 2025 202S Total Unrestricted R•strkt•d funds funds 2024 2024 Total 2026 2024 Not•s Income from; Donations and legacies Charitsble a¢tivitie8 Investments 27,031 61,164 S,896 107,380 26,586 134.411 87,750 5,896 24.862 47.4S2 4.308 116,170 24,374 141,032 71,826 4,308 Total incom• 94,091 133,966 228,057 76,622 140,544 217,166 Expenditure on: Charltable a¢tivitie8 95,856 125,532 221,388 82,229 125,030 207,259 Total expendituye 95,856 125,532 221,388 82,229 125,030 207,259 Net IncoM•llexpendlre (1,765) 8,434 6,669 (5,607) 15,514 9,907 Transfers between nds 7,000 (7,000) 7,000 (7,000) Net movew*nt in funds 5,235 1,434 6,669 1,393 8,514 9,907 RnCIliation of funds: Fund balances at 1 April 2024 118,008 7S6,337 874,345 116,615 747,823 864,438 Fund balances al 31 March 2025 123,243 757,771 881,014 118,008 756,337 874.345 The statement of financial activities Includes all gains and losses recognised In the year. All income and expenditure derive from continuing activities.
RECREATE DORSET BALANCE SHEET ASAT31 MARCH 2025 202S 2024 Notes Fixed assets Tangible assets 668.354 676.870 Current a8S¢ts Debtors Cash at bank and In hand 10 12.715 405.810 11,471 321,099 418.525 332,570 Credltors". amounts falllng due wllhln one year 11 (205.865) {135,0951 Net Gurrent a8•el• 212,660 197.475 Total assets 1•8$ curr•nt Ilabllltl•8 881,014 874.345 Thè fvnds of the charlty Restricted income lunds Unreslricled funds 13 14 757,771 123,243 756,337 118,008 881,014 874,345 The company Is entltlèd to exernptlon from the audit requiremenl contalned In sectlon 477 of th8 Companles Act 2006, for the yggr ended 31 March 2025. The directors acknowledge thelr responsiblllties for CoMp.na wlth the requlrements of the Companles Act 2006 with respect to aGcounting records and the preparation of financial stal6m8nts. The members have not requlred the company to obtaln an audit ol Ils financlal statements for the year In question In accordance wllh sèclion 476. These financlal ststemenls have been prepared In accord8nce with the provlslons 8ppll¢able to companles subject to the small ¢ompanie5 regime. The fina I statements were aptsroved by the trustee5 On ....... .............. Chds Thomas Trugt¢e Company registrallon number 08107118 (England and Wales) 10
RECREATE DORSET BALANCE SHEET (CONTINUED) ASAT31 MARCH 2025 Critical accounting estimates and judgements In the appllcallon of the charity's accoundng pollcles, the trustees are required to make judgements, estlmates and assumptions about the carrysng amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assunptions are based on historical experience and other fa¢tors that are consldered to be r•l•vant. Actual re8uIts may dlffer from these estimates. The estimates and underfying a99umptions are reviewed on an ongoin9 basls. Revisions to accounting estimates are recognised in the period in vknich the estimate is revlsed vA)ere tho revision affects only that period, or ID the perlod of the rgvi$lon and fulure period8 %there the revSslon affects both curient and future periods. Accounting polichs Charity Informatlon Recfeate Dorset is a pflvate company limited by guarantee in¢orporated in England and Vvales. The registered office is Old School House, Gladstone Mews, Bos¢ombe, 8oumemouth, Dorsel, BH7 6BG. 2.1 Accounting convention The financial statements have been prepared in ac¢ordance wlth the ¢harity's governing do¢ument, Ihe Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ifeland" and the Charilies SORP "Accounting and Reporting by Charities: Statement of Recommended Praclice applicable to ¢harities preparing their accounts in accordance with the Financial Reporting Standawd applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefft Entity as defined by FRS 102. The charity has taken advantsge of the provisions in the SORP for charities not to prepare a statement of cash Ilows. The financlal statements are prepared In sler15ng, whlch Is the fvn¢tlonal currency ol the charlty. Monetary amounts in these financial statements are rounded to the nearest £. The llnandal statements have been prepared under the hi8torlcal cost conventlon. The prlnclpal accountlng policies adopted are set out below. 2.2 Golng concern Al the time of approvlng the financial ststements, the trustees have a reasonable expe¢tstlon that the charity has adequate resources to conlinue in operat'onal existence for the foreseeable fijture. Thus the truslees continue to adopt the going concem basis of accounting in preparing the financial statements. 2.3 Charitable funds Unrestricted funds are available for use al Ihe discretion of the trustees in furtherance of their charitable objeclives. Restricled fitnds are subject to spe(afic conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the fjnanual statements. Endovfflient fvnds are subject to spedflc condltlons by donors that the capitsl must be malntslned by the charity. 2A Income Income is recognised when the charty is legally entitled to it after any performance conditions have been met, the amounts be measured reliably, and it is probable that income will be received. 11
RECREATE DORSET NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcle5 (Continued) Cash donations are fecognised on receipt. Other donations are recognised once the charity has been notified of the donalion, unless perfoimance conditions require defeal of the amount. Income tsx recoverable in relation to donations received under Gift Atd or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otheriise if the tharity has been notified of an impending dBtribution. the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a ¢ontingenl asset. 2.6 Expendithre Expenses are included In the Ilnanclal stslements as they become recelvable or due. Expenses indude VAT where applicable as the company cannot redaim it. 2.6 Tangible fixed assets Tangible fixed assets are Snitially measured at ¢ost and subsequently measured at cost Of valuation, net of depreciation and any impairmenl losses. Depreciation is recognised 80 as to write off th• cost or valuatlon of assets less their r•sldual values over their usefvl lives on the following bases: Fr¢ehold land and bulldlng8 Office and computer equipment 2% 8tralght Ilne basls 25fih33OA reducing balance basis The galn or 1088 arlslng on the dlsposal of an a88et Is determlned as the dlfference belween the •ale proceeds and the carying value of the asset, and is regnised in the statement of financial activities. 2.7 Impalmienl of flxed assets At each ieporting end date, the charity revlews the carying amounts of Its tanglble assets to determine whether there is any indication that those assets have suffered an irnpairment loss. If any such indtation exists, the recoveiable amount of the asset is estlmaled In order to deteimlne the extent of the impairment loss {il any). 2.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held al call with banks. other short-lerm liquld investments with original Matur.eS of three months or less, and bank overdrafts. Bank overdrafts are shown within borrovings in current liabilities. 2.9 Financial instruments The Charty has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Sedlon 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet en the charity becomes party to the contractual provlslons of the Instrumenl. Financial assets and liablllties are offset, with the nel amounts presenled In the financial statements, when there is a legally enforceable right to set off the recognised amounts and there 58 an Intenlion to settle on net basis or to realbse the a8set and settle the liabllty simultaneously. 12-
RECREATE DORSET NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial assets Basic financial assets, which indude debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method Linless the aangernent ConSeS a fjnancing transaction. wthere the transaclion is measured at the present value of the fvture receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are nol amortised. 8aslc Ilnanclal IlablllOe8 Basic financ5al liabilities, Including creditors and bank loans are Inltially iecognised at transaction price unless the aThangement constibjtes a financing transaction, ere the debt instrument is rnea5ured at the present value ol Ihe ILrtUfe payments dlscounted at a market rate of Interest. FinancSal Ilabllltbe8 classified as payabla Ihln one year are not amortlsed. Debt Instruments are 6ub8equen11y carried at amorSed c06t, U8lng the effectlve Interest rate method. Trade creditors are obligations to pay fol goods or seNlces that havè been acquSred Sn the ordinary ¢ourse of operations from suppliern. Amounts payable are dassified as current liabllltles if payment is due withln one year or less. If noi, they are presented 89 non-curren+ liabililies. Trade creditors are recognised Inltlally at transsclion prfce and subsequenoy measured at amoi1ised cost using the effecllve interest method. Derecognltlon of flnanclal Ilabllltle$ Financial liabililies are derecognised vthen the charity's contractual obligations expire or are discharged or cancelled. Income from charitable activities Unrestricled Restricted funds funds 2026 2026 Total Unrestrictsd Restricted funds funds 2024 2024 Total 2025 2024 Sale of goods and 8ervlc•8 61,164 26,586 87,750 47,452 24,374 71,826 DonaLons and legacies Unrnstrfcted Restrlcted funds funds Total Unrestricted Restrlcted funds funds Total 202S 2026 2026 2024 2024 2024 Grants recelved and released 27,031 107.380 134,411 24.862 116,170 141,032 13
RECREATE DORSET NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Investments Unr•strlctsd Lknrestricted funds Jnds 2025 2024 Interest received 5,896 4,308 Charitable activities Charltable Charltable Expenditure Expenditure 2026 2024 DepreclatSon Charitsbl• expendiiure 13,175 208.213 12,276 194,983 221.388 207,259 221.388 207,259 Analysis by lund Unrestsicted fiJnd8 Restricted funds 95.8S6 125,532 82,229 125,030 221,388 207,259 Employees The average monthly number of employees during the year was: 2026 Number 2024 Number Total Thefe were no employees vthose annual remuneration was more Ihan £60.000. Taxation The charity is exempt from taxation on its aclivities because all its Income is applied for charitable pU0$e5. 14
RECREATE DORSET NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tangibl• red assets Fieehold land and bulldlngs Office and computer equlpmeThl Total Cost At 1 April 2024 Additions 768,968 12,831 4.659 781,799 4,659 At 31 Marth 2025 768.968 17,490 786.458 Depreclatlon and 5mpaimient At 1 April 2024 Depreciation charged in the year 93,634 12,275 11,295 900 104.929 13,175 At 31 Marth 2025 105,909 12,195 118,104 Carrylng auTrt At 31 March 2025 663,059 5,295 668,3S4 At 31 March 202d 675,334 1,536 676,870 10 Debtor4 2025 2024 Amounts falllng due wlthln one year: Trade debtors Prepayments and accrued Income 10,551 2,164 9,500 1,971 12,715 11,471 11 Credbtorg: amounts falling due within on• year 2025 2024 N¢)t•s Other tsxallon and Social se(wrlty Deferred income Payments received on account Trade creditorn Other creditors Accruals 1,351 196.263 2,990 2,244 123,827 3,465 446 12 5,258 5,108 205.865 135,095 15
RECREATE DORSET NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Deferred income 2025 2024 ising from Grants 196,263 123,827 Deferred income is included wi the financial statements as follow5: 2025 2024 Deferred income ig Included within: Current liabilltles 196,263 123,827 Movernents in the year: Deferred income at 1 April 2024 Released from previous periods Resouices defeNed In the year 123,827 <143.691) 216,127 155,952 (151,902) 119,777 Defeed income at 31 MaTch 2025 196,263 123,827 13 Restricted funds The restrlcted Thd5 of the chaflty comprlse the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprfl 2024 Incomlng resources Resources expended Transfers At 31 March 2026 756,337 133,966 (125,532) {7,000) 757,771 Prevlous year At 1 Aprfl 2023 Incomlng Resou05 rnsources •xp•nded Trnnsfers At 31 Mah 2024 747,823 140.544 (125.030) {7,000) 756,337 14 Unrestricted funds The unrestricted frJnd8 of the charity comprise the unexpended balances of donations and grants which are nol subject to specific conditions by donors and grantors as lo how they may be used. These indude designated funds 1¢h have been set aside out of unrestricled funds by the truslees for specific purposes. At 1 April 2024 Incoming Resources resources expended Transfers At 31 March 2025 General funds 118,008 94,091 (95,856) 7,000 123,243 18-
RECREATE DORSET NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Unreslrithd funds Icontinued) Previous year At 1 April 2023 Incomlng Resources sources expended Transfers At 31 March 2024 General ndS 116,615 76,622 (82,229) 7,000 118,008 15 Analysis of net a$$ets between funds ..Unrestricted Restricted funds lunds 2025 2025 Total 2026 At 31 March 2025: Tangible assets Current assetsl(liabilities) 5,295 117,948 663,059 94,712 668,354 212,660 123,243 757,771 881,014 Unrnstricted funds 2024 Restricted lunds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsl(liabililles) 1,535 116,473 675,335 81,002 676.870 197,475 118,008 756,337 874,345 16 Related party transactions Transactions with relaled parties During the year the chaiity entefed into the following transactions Imth related parties: Kaiolina Bllvinaite - Trustee - TOSH Space redesign proposal & dra%*ings - £325.00 17-