Kingdon House CommunityAssociation Charity No. 1152091 Company No. 08490544 Trustees, report and Unaudited Accounts Forthe year ended 30 April 2025 Kingdon House CommunityAssoclation Year ended 30 Aprll 2025 Contents Page Trustees, Annual Report Summary Income And Expenditure Account Balance Sheet Statement of Cash Flows Notes to the Accounts 8-12 The following does not form part of the Financial Statements Detailed Profit and Loss Account 13 Klngdon House CommunltyAssoclatlon Year ended 30 Aprll 2025 Trustees. Annual Report The Trustees, who are also Directors of the charityforthe purposes of the Companies Act 2006, Present their report with the unaudited Financial statements of the charityfor the year ended 30 April 2025. REFERENCE AND ADMINISTRATIVE DEfAILS Company No. 08490544 Charity Registered No. 1152091 Princlpal Office Kingdon House, Pym Street, Tavistock. PL19 OAW Dlrectors and Trustees The Directors of the charitable company are its Trustees for the purpose of charity law. The following Directors and Trustees served during the year:_ D Boyer R L Farrant J Houghton Ajohnson PADJones G Loving C Smith M WTaylor SA Walker SJ Whettem Kwoodward Resigned 30 June 2024 Appointed 5 September 2024 Appointed 6 September 2024 Resigned 3 Aprll 2025 Appointed 6 September 2024 Resigned 6 September2024 Accountants BookBusters Eureka House Higher Downgate Callington PL178HL Klngdon House CommunltyAssoclatlon Year ended 30 Aprll 2025 Trustees, Annual Report (contlnued) Objectives and Actlvlties: The purpose of the charity as set out in its governing document is to promote the benefit of the inhabitants of Tavistock and district without distinction of sex or political, religious or other opinions by associatlng wlth the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of social welfare, for recreation and leisure time for the said inhabitants. The main activities undertaken in relatingto those purposes are the establishment of the Communitycentre and maintenance management ofthe same. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the financial statements complywith Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud or other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS102). Approved bythe Board on.. ..... .. .... . . And signed on its behalf by PADJLin PADJones Trustee Klngdon House Communlty Association Year ended 30 Aprll 2025 Income & Expenditure Account Notes Total Funds 2025 Total Funds 2024 Income from: Donations and legacies Charitable activities Investments 1,025 31,710 284 33,019 31,840 306 32,146 Expenditure On: Charitable activities Other 6 (21,728) 7 (15,887) (21,463) (17.033) (37,615) (5,469) (38,496) (5.477) Net Income/(expenditure) Reconciliatlon of funds Total funds brought forward 11 73,161 78,638 Total funds Carrled fO￿ard 67,692 73,161 All income and expenditure derive from continuing activities and are unrestricted funds. The statement of financial activities includes all gains and losses recognised during the year. The notes on pages 8 to 12 form part of these financial statements. Kingdon House CommunltyAssociation Year ended 30 Aprll 2025 Balance Sheet Notes 2025 2024 Fixed assets Tangible assets 44.540 44,540 44,724 44,724 Current assets Debtors Cash and cash equivalents 2,922 20.990 23,912 (760) 2,922 26,275 29,197 (760) Credftor amounts falling due within one year Net Current Assets 10 23.152 67,692 28.437 73,161 TOTAL ASSETS LESS CURRENT LIABILITIES Total Net Assets 67,692 73,161 CAPITALAND RESERVES Unrestrlcted funds General reseNes 11 67,692 73,161 Totsl Charlty Funds 67,692 73,161 These accounts have neem prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relatingto small companies. For the year ended 30 April 2025 the companywas entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors a acknowledge their responsibilities for complyingwith the requirements of the companies Act 2006 with respect to accounting records and the preparation of accounts. The financlal statements were approved and authorised for issue bythe Board on ...l*.l.!a i.) 6Ar and signed on their behalf by: J Houghton Trustee The notes on pages 8 to 12 form part of these financial statements. Kingdon House CommunltyAssociation Year ended 30 Aprll2025 Statement of Cash Flows 2025 2024 Net cash generated from/(used in) operatlng actlvlties (see below) (5,591) (5,822) Cash flows from Investlng activltles Purchase of tangible fixed assets Interest received Net cash flows from Investlng actlvftles 306 306 284 284 Net Increase/(decrease) In cash and cash equlvalents Cash and cash equivalents at l April Cash and cash equivalents at 31 March (5,285) (5,538) 26,275 20,990 31,813 26,275 Cash flows from operatlng actlvltles Surplus/(deficit) for the year Depreciation of tangible fixed assets Investment Income (5.469) 184 (306) (5,591) (5,477) 246 (284) (5,515) Worklng capltal adjustments: (Increase)/decrease in debtors Increasel(decrease) in creditors Net cash generated from/(used In) operatlng actlvftles (317) 10 (5,591) (5,822) Klngdon House CommunltyAssociatlon Year ended 30 April 2025 Notes to the Accounts l. Accounting Policies Basis of Preparation The financial statements are prepared on a going concern basis, underthe historical cost convention, as modified by certain assets measured at fairvalue through the income statement. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1020)(effective l January 2015) (Charities SORP(FRS102), the Financlal Reporting Standard appllcable to the UK and Republic of Ireland (FRS102) and the Companies Act 2006. Income Income is derNed from one class of business comprising charges for use of rooms. Interest receivable and other Income Interest receivable is recognised using the effective interest rate method. Other income consists of dividend income, which is recognised when the right to receive payment is established, and the release of the social housing association grant (SHG). which is recognised on a systematic basis over the life of the asset. Taxation The charity is exempt from Corporation Tax on its Charitable activities. Tangible Assets Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price and costa directly attributable to bringing the asset to its working condition for its intended use. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures, fittings and Equipment 25% reducing balance. Freehold Investment Property Investment properties are measured initially at cost and subsequently at fairvalue at each balance sheet date and are not depreciated. All gains or losses are taken to the statement of financialActivities as they arise. Kingdon House CommunltyAssoclatlon Year ended 30 Aprll 2025 Notes to the Accounts (continued) Trade and other Debtors Trade and other debtors are recognised at the settlement amount due after anytrade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents comprise cash in hand, deposits held with banks, and other shortterm highly liquid investments that are readily convertible to a known amount of cash and are subjectto an insignificant risk of change in value. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resultingfrom a past eventthat will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowingfor anytrade discounts due. 2. Company Status The company is a private company limited by guarantee and consequently does not have share capital. 2025 2024 3. Information from donations and legacies Donations and fundraising 1025 4. Income and Charitable activities Community Room Hire Grants Received 30889 950 31839 30639 1071 31710 5. Income from Investments Deposit Account Interest 306 284 Klngdon House CommunityAssoclatlon Year ended 30 Aprll2025 Notes to the Accounts (continued) 2025 2024 6 Expenditure on Charitable activities Cleaning Electricity Gas Insurance Refund Membership Repairs & Maintenance Service Charges Tenant Deposit Scheme Waste Disposal Water 8,515 2,610 5,229 2,331 10,553 922 2,993 1,948 51 3,040 1,914 500 155 958 21,463 607 522 21,728 7 Other Expenditure Accountancy Fees Anne Payne Lease Depreciation Music Licence Postage Software & IT Stationery & Printing Subscriptions Sundry Telephone and Internet Salaries &Wages Website 760 760 1,212 246 358 23 50 71 130 83 905 13,051 144 17,033 184 140 16 98 113 80 420 1,751 12,325 15,887 Employee costs comprise salaries and wages. No employee received emoluments in excess of £60,000 10 Kingdon House CommunltyAssoclatlon Year ended 30 Aprll 2025 Notes to the Accounts (continued) 8. Tangible Fixed Assets Land And Building Fixtures & Flttings Total Cost At l May2024 Additions At 30 April 2025 43987 2,350 46337 43987 2,350 46337 Accumulated Depreciation At l May 2024 Additions At 30 April 2025 1,613 184 1,797 1,613 184 1,797 Net Book Values At l May2024 At 30 April 2025 43987 737 44724 43987 553 44540 2025 2024 9. Debtors Trade debtors Other debtors 2422 500 2922 2422 500 2922 10. Creditors=. Amounts due within one year Accruals -760 -760 11 Klngdon House CommunltyAssoclatlon Year ended 30 Aprll 2025 Notes to the Accounts (contlnued) 2025 2024 11. Reserves Unrestricted General Reserve Total At l May2022 Surplus/(Deficit ) for year At l May 2023 Deficit At l May2024 Deficit at l May 2025 77400 1238 78638 -5477 73161 -5469 67692 77400 1238 78638 -5477 73161 .5469 67692 12 Klngdon House CommunltyAssoclatlon Year ended 30 Aprll 2025 Detalled Proflt and Loss Account 2025 2024 Income Donations and legacies Charitable activities Community hire Grants received Investmf Deposit account interest Totsl Income and endowments Expendl. Charitable activitles Cleaning Electricity Gas Insurance Refund Membership Repairs & Maintenance Service Charges Tenant Deposit Scheme Waste Disposal Water Other expenditure Website development Salaries and wages Depreciation of fixtures, fittings, and equi Postage and couriers Software, IT support, and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax, and broadband Independent examination fees Music Licence Legal and professional fees 1,025 30889 950 31,839 185 32,024 30,639 1,071 31,710 284 33,019 8,515 2,610 5,229 2,331 10,553 922 2,993 1,948 51 3,040 343 500 155 958 1,914 607 522 144 13,050 246 23 50 71 130 12,325 184 16 98 113 80 420 1,751 760 140 905 760 358 1,212 37,615 38,496 Total Expendlture Surplus/(Deficft) for the year (5,591) (5,477) 13