Charity registration number. 1152841
Newcourt Community Association
Annual Report aTrJ Finanoal St*gm8nts
for the Year Ended 31 December 2023
WESTCOTTS
CIIARTe*eo ACCOUNTANTS
•USINFSS ADVISIPS

Nowcourt Community Association
Contents (contlnued)
Reference and Administrative Details
Trustees. Report
2to5
Independent Examin9r's Report
Rer￿Ipts and Pawnents Account
Ststemant of Assats and Llablliligs
Notes to the Financlal Statements
9t013

Newcourt Community Association
Reference and Administratlve Details
Chaim)an
Gordon Edwards
TfUStegs.'
Lucy Bliss (resigned 5 July 2023)
Paulene Godfvey
Helen Harper
Samantha Plestr￿od
Gill Westcott
Peter Williams (appointed 5 July 2023)
Charlty Rogi5tration Number
1152841
Prfnclpal Offlco
Newcourt C¢Jmmunity Centre
Blak8slee
Exal8r
EX2 7FN
Westwtts ISW) LLP
47 Boutport street
Barnslaple
Dgvon
EX31 1SQ
National Westminsl8r Bank PLC
18 st Thomas Centre
Cowick Street
Exetgr
Devon
EX4 3DL
Ind9￿ndent Examlner
Bankers
CAF Bank Limited
Kings Hil
West Malling
Kent
ME19 4TA
Pag8 1

Newcourt Community Association
Trustees, Report
The trustses pr8S8nt the annual report t(>Jether wrth the financial statements of the tharity for the year
ended 31 Dacember 2023.
Objectives and acuvitias
Objects and alms
The charity'5 objectives are lo..
To benefit the residents of th8 Newcourt district of Exeter, Devon and its neighbourhood (without
dis1inth.on of sex, sexual orientation, race or of political, religious or other opinions} by asswaling
together these residents and the relevant local authorities, voluntary and other organisations in a
common effort to improve community life and lo provide facilities in the interests of soual welfarè and
the I￿1 gnvironmenl wlh the objective of improving the wndilions of Ilfe for the residents.
In furtherance of these aims, the CIO shall:
. Communicate local inforrnalion. gathgr and consider ￿sIdents, ideas. eoncems and opinions.
. Design, manage and promote activibes.
. Consult and liaise wlh local authofilies and olher relevant parties.
Communlty Cgntre
Thè Newcourt Community Centre is run by the New￿Urt Community Associalion under lèase from
Exeter City Council.
Events and Actlvltl&s
The Association use5 rt surplus g8n8rated from lett¢ng the centre lo employ a community and
engagement lead. This post IoDks to put on events for the community and identifies way the
community and the association can connect.
Communlty Infonnallon
The assoaalion produces a newsletter penodically through the year which is distributed to hom9s in
the area.
The as50cialicfi maintains a maifing list of residents and regularfy sond ￿Jt emails to that
membership.
The trustees a150 meet with lo￿1 representatives to identify l¢Jcal issues regarding planning, road
safety and l¢xal infrastruC￿re.
As part of the work the charity has developed a small grants scheme to hglp activities In the
community. This support 15 provided by offering free or reduced hire of the community centre or by
paying for equipment which can be used by the community.
ongside our trustees we have a number of volunteers have supported th8 work of the
Association this year by managing the allotment plots, helping run our communsty discos and
supports.ng us at th8 AGM. The trustee5 would like lo record our thanks to each volunteer for their
contribution.
Publ1¢ beneflt
The trustees confirm that they have complied with the requirgments of sectlon 17 of tho Charities Act
2011 to have due regard to the wblic benefit guidance published by the Charity Commission for
England and Wales.
Pag8 2

Newcourt Community Associatlon
Trustees, Report (continued
Structhre. govornance and rnanagement
Newcourt Community Association is a Charitable Incorwrated Organisab"on ICIOI vthich is govemed
by an 'associaled' model Constilub'on adoptgd on 16 June 2013. The charity was rggislered wth the
Charity Commission on 12 July 2013 and took over the bank balance as at that date of its
predecessor, the unincorporated as￿latiOn 'Newcourt Ccthmunity AsKciation'.
The NCA is govemed by a board comprising a minimum of 3 and a maximum of 12 appoirbted
trustees, of which at lease ￿ thirds of the tTuslees must be residents of Newcourt and voting
members of the NCA. New trustees are appointed either through being elected by the members or
Co-opted by the existing trustees. New trustees appointed by the existing trustees must fetire 8t the
next AGM followng their appointment. and one third of th8 trustees appointed by the members musl
also retire at the AGM. This ensures that there wll aws be an opportunity for at least ft)ur new
trustees lo be appointed each year al tho AGM.
A¢hlgvgmonts and ￿rfO￿lanCe
The centre continues to be well used by a wdo range of users induding many public service bodEs.
Mik Ratcliffe continues to manage the day to day running of the centre. During thè year we undertook
number of improvements ID the cenlre. We inslallod a new door codg system and a new CCTV
system which has made opening and closing the centre much easier. We said goodbye to our cleaner
Njareh and our Saturday cover Emma and were able to recruit Angel lo tska on both roles.
Our community eThJagèment Lisa Gordon has developed over the last 12 months. We have put on
number of events for families during the school holidays wth the Animal Man sessions, Lego Club
and our Halloween Disco being the most popular.
We were able to open a new communrty cafè area in conjunction wth café owner Andrew Hendricks.
This has proved popular, and we hope to bring this back for the 2024 summer season.
We carried out an art project wth Trinity Primary School wth the resultin9 art work being put on
display al the ￿ntre.
We trialled distribution of our newsletter via Royal Mail for the firsl time to see rf that method of
delivery increased awareness of the associab'on within the community.
As part of the Assoaalion's small grants scheme we provmded the followng support..
12 free hire sessions at the Newcourt Community Centre for the Newcourt Wl, Neweourt Toddlers
run by Trinity Church and The Coffee Club.
Free hire sessions for the Newcourt and Countess Wear Community Builder Emma Wonnacott
A cash grant of £2,475 to the Friends of Trinity School IFOTSI for their new playground equipment
Fffte hire sessions to the local Police Community Support Officer for n8ighbourhood engagement
sessions.
. A cash grant of £159 to r8place the community book swap shed on Vemon Crescent
Paid consultant fees for the Omaha Drive l River Plate Road Bend project.
The Association also pledged £5.000 lo Trinty School for improvements to their facilities and up to
£10.000 rf needed to support the junclion safely v40rk on the Omaha Drive River P181è Road Bend
Project.
Pagg 3

Newcourt Community Assoclation
Trustees. Report (continued)
Flnan¢lal revlgw
The tharity made a cash defiTht in the year of £10 {2022 - cash defficrt £407).
Total cash recelpts incyeased by 30% compared to th& prewous year. Rentsl income showed an
increase of 26.70A.
EmployTnenl costs increased by 59.9% wth new employees joining during the year.
Cash balancas totalled £84,885 at 31 December 2023 of which £768 was held in restricted funds.
Reserves
Tha charity's cash reserves therefore totsl £84,885 at the ye8r-end. The reseNes covgr adequately all
urrent and ants"cipated financial commitments including"
' payroll and other opèrating costs of the Newcourt Community Centre INCC}
' gengral management and adminislralion costs of the charity
maintaining regulatory compliance as an employer- e.g. employment contracts. policies, heallh and
safety
' maintsining regulatory compliance as a charity {e.g. new data protection legislation}
provision to protectlmaintain significant kay installations le.g. lifts. fire ￿aPes1
' cash bLrfFer for emergencies of £50,000
The trustees continually review their reserves and as the charity grow5 wll ensure any fvrther moni8S
are s81 aside rf necessary. lo ensure all financial commitments continuè to be met. Equally. as the
charity grows, any surpluses will continue to be S￿nt on the charitV5 objective$ induding-.
. the goals and objectives
. improving the management toots, proces8es and systems at the NCC
improving the facilities and equipment at the NCC
SUPFJOrting local community initiatives across the community allocating up a budget equivalent of up
to 25% of our unrestricted reseNes.
The charity holds cash reserves to ensure the conlinugd running of the ￿mmunitY eentre. This
include5 replacement of the lift in due course, a cash buffer in case letb'ngs fall and funds we have
pledged to community projects. The Assouation ￿an$ to use any cash surpluses not needed
elsewhere to benefit the communty through the grants scheme.
The Charity's principle source of funding is hife income from letting the space at the community centro
whi¢h during the year generated £94,74412022'. £73,945).
We have received some grants this year from Exeter City Counal [£5,000 Rent Grant) Devon
Community Forum 1£2,5801 and Exeter Community Initiatives 1£4461 for community work. We are
gralefijl to those fundgr5 that SUpp￿ted us. The tola income for 2023 £104,909.12022 £82.5751
During the year the Association spènt £104,919 12022 £82,982}. This single largest cost was stsff
salaries £55,52012022 £34,710) The increase be￿en 2022 and 2023 represents the cosl of having
the Community and Ev8nts lead post for a full 12 months. The Association also sp8nl £11,791 12022
£2,529) on community aclivilies. of which £3,026 was grant fvN18d. The remaining £37,908 12022.
£47.1471 was spent on the overheads and Maintenan￿ of the centre.
Page 4

Trust••s' R•port (contlnu•d)
TAI kn F•bruory 20fJ wlth th• •lm of ¢>ynpWrq • pkn th• •n(I d 3)23.
• >•qT lthr than an1￿1•￿ but wlll glvo tho Um• lo •v•iuai• th• w 118llk4 ￿.
Prncllco) and 8ppW(*blo lthv and regulallom.
y4v qlvo a ond fatr of tho stats of8ffalrn ofthe ond ol
tn* 8ra rnqulr8d to:
' ob8eTrp the metrKxlB arKI prfw*lo8 In th8 Ch8riYes SORP:
thai ts tharitywll (#nknuB In busin￿.
-,xfffjcy gt ary Ome tha ffin8nd￿ FQ8Mon of Iho tharity and •naNe to •r￿uM Ilmt the frMYiJl
. slalem￿ts ¢¢ffiply vAlh tl* Ch8rfUo5 Ad 2011. the Charld¢5 (Acclxmts and Rgwts)
,, hrfomth IndLvJed on thé chrftatAe cgmpanvs website. Leglslatton govemlng
￿fin￿(la1 slatsmonts ditferfrom ￿9￿1￿00n In othgrjurisdithy
amual rep(¥t was approved by Iho trust06s of the c*wlty on .. .
Page S

N&wcourt Community Association
Independ8nt Examlnerfs Report to the trustees of Newcourt Communlty
Assoclatlon
I report to the trustees on my examinats'on of the accounts of Newcourt Communty ASsOc￿￿On for Ihè
yèar ended 31 December 2023.
Responslbllltles and basls of report
As the charity trustee5 of Newcourt Community Association you ore responsible for th8 preparation of
the accounts in accordance byith the requirements of the Charities Act 2011 I'lhe Act'l.
I report in resped of my examination of the Newcourt Community Asso¢ialion's accounts carried out
under seckn.on 145 of the 2011 Act and in Carr￿ng out my examination I hav8 followed all the
applicable Directions giv&n by the Charity commissi¢￿ under section 1451511bl of the Act.
Indopgndgnt examiner's ststement
I have ￿mpleted my examination. I confimi that no material mattgrs have come to my attention in
connection wlh the examination giving me cause lo bèliève that in any material respect..
1. accounting records were not k8pI in respect of Newcourt Community AssocIat￿n as required by
section 130 of the Act.. or
2. the accounts do not accord those records.. or
I have no concems and have come acros5 rio other matters in connectSon wth the examination to
which attention should be drawn in this report in order to gnable a Proper understanding of the
accounts to be reached.
Catherine Williams FCA DChA
Westcotts ISWI LLP
47 Boutport Street
Barnstaple
Devon
EX31 1SQ
Page 6

Newcourt Community Assoclatlon
Receipts and Paymonts A¢¢ount for the Year Ended 31 December 2023
Unrestrlcted
funds
Restrfct8d
funds
Totsl
2023
Total
2022
Note
Receipts:
Donations arKI legacEs
Other trading a￿1vitIeS
Investment income
Rental income
Rental Extras
Advert Salgs
Rental deposits held
8,026
8,026
1.925
315
94,494
5,850
2,146
1,925
315
94.494
94
73,946
89
190
354
50
50
Total receipts
96,883
8,026
104,909
82.575
Paymènts:
Wages and salarie$
Light and Haat
TBlephone
Rent
Cleanlng aNJ Catering
P05t, Print and Stationery
Information technology
Payroll costs
Training costs
Insurance
Events and other RF areas
sts
Bank Charges
Music Licences
Legalllndependent
examination
Repairs. Renewals and
Equipment
Misceltaneous Expenditure
{55,520)
{6,7551
{9721
11,0001
13,837}
1400)
12,000)
11981
(981
11,7501
155.520}
16.755}
(972)
(6,0001
(3.8371
{4001
{2,0001
1198}
(981
{1,750)
{34,7101
{3,0841
1876)
14,500)
15,3881
{501
(2,3941
(713)
{604}
12.736)
15.0001
19.788}
1344}
11,982)
12,3581
{12.1461
(344)
11,9821
14,9141
{54}
11,358)
11.812)
11,812}
11,009)
111,105)
111,1051
120,200)
392
Total payThents
197,5611
7,358
1 D4,919
182,9821
Net {paymenlsllreceipls
16781
84,795
668
110)
84.895
1407)
85.302
Cash brought forward
Cash carried fO￿ard
100
10
84,117
768
84,885
84,895
AJI of the charity's aciivities derive from continuing operations during the above two periods.
The funds breakdown for 2022 is shown irt note 10.
The r¥)t&s on pages 9 to 13 fom an integral part of these ffinandal statements.
Page 7

IR•gl•trallon numb•r. 1162841)
Sl•t•m•nt olA•••ts and Llabllttlu *• •t [31 0•￿mb•r 2023
C•th •t kn ￿nd
11X)
10
. nd on tholr bBhair ty.
Th• rA*•• on p•y8 9 to 13 fom7 •n Inldgrnl crt th•w

Newcourt Communlty Association
Notes to the Financial Statements for the Year Ended 31 December 2023
1 Ac¢ountlng policlas
8asl$ of preparallon
Neweourt Community Associalion rneets th8 definition of a publie bènefit entity und8r FRS 102. The
accounts (financial statements) have been prepared on the Teceipls and payments basis.
Golng concern
The trustees consider that ￿re arfj no material uncertainties about the charitys abilty to continue as
a going concem.
Income and endowments
All incoming resou￿$ are included in ihe stat&m8nt of financial activiti'es whèn the charity recgvès
the income. Th8 followng specific p)liues are applied lo part￿lar calegories of
Income..
Donations are received by way of grants, donations and gifts and is induded in fijll in the Statemonl of
Financial Activities whgn ra￿1ved.
Grants. induding grants for the purchase of fixed assets. are recognised in full in the Statemgnt of
Financial Activities in the year in whlch they are re¢eivable.
Donated swwi¢o$ and facilities are included at the value to the charity where this can be qU8n￿fied.
Th9 value of services provided by voluntsers ha$ not been irKlud8d.
Expondltyre
Expenditure is recognised on a payrnenls basis. Expgnéiture indudes any VAT which cannot be fully
recovered, and is reported as part of the expendtiure to which it retates.
Taxatlon
The charity is considered lo pass the lesls set out in Paragraph 1 Schedule 6 of the Financo Act 2010
and tharafore it meets the definition of a charitable company for UK corporatson tsx purposès.
Accordingly, the charity 15 potentially exempt from taxation in resp8Ct of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the exient that such income or gains arg
applied exclusively to charrtable purp05e$.
Cash and cash oquiv•lents
Cash and cash equivalents comprise cash on hand and call deposits. and other short-lerm highly
liquid investments that are readily Convarti￿e to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structurn
Unrestricted income funds are general funds that are available for use at the trustees dI￿retiOn in
furtherance of the obj9ctives of the charity.
Pagg 9

Nowcourt Communlty Association
Notes to the Financial Statements for the Year Ended 31 December 2023
(continued
Restricted income fvnds ￿ those donatsd for use in a particular area or for specrfic purposes, the
use of which is restricted to that area or purpose.
2 Income frorn donatlon8 and1ggacl8s
Restricted
funds
Total
2023
Grants, induding capital grants,.
Grants
8,026
8.026
Restrlctod
funds
8,026
8.026
Totsl
2022
Grants. induding capital grants.
5,850
5.850
5.850
5.85D
3 Income from oth•r trading activitles
Unrestricted
funds
General
Total
2023
other income from other Iradlng activrfies
1,925
1,925
1.925
1,925
Unrestrlctsd
funds
General
Total
2022
Other income from other trading activities
2,146
2.146
2,146
2,146
4 Investment Income
Unrestricted
funds
General
Total
2023
Intere$l recèivable and similar incom8,'
Interest recoivable on bank deposits
315
315
315
315
P￿8 10

Newcourt Community Associatlon
Notes to the Flnancial Statements for the Year Ended 31 December 2023
(continued)
5 Other Income
Unreslrlthd
funds
Genernl
Total
2023
Rental income
94.643
94.643
Unrestricted
funds
General
Totsl
2022
Rer￿1 income
74,579
74,579
6 Truste¢s rèmun?ratlon and expgn$8s
No trustees, nor any persons connecled wth them. have received any remuneration from the charity
during the year.
No Iru5tees have received ary reimbursed expenses or any other beneffts from the charity thring the
7 Staff costs
The aggregate payroll Costs were as fdlows".
2023
2022
Staff costs during the ygar were:
Wages and salaries
55.520
34,710
No employee received emoluments of more than £80.000 during the year
8 Taxatlon
The charity is a registered charty and is therefore exempt from taxation.
9 Cash and cash equlvalgnts
2023
2022
Cash at bank
84.885
84,895
Page 11

Newcourt Community Association
Notes to the Financial Statements for tha Year Ended 31 December 2023
Icontlnued)
10 Funds
Balanc• at 1
January
2023
Balanco at
31 Decernber
2023
Incomlng
resourcos
Resources
expended
Unrestrlcted funds
Gén•ral
General Funds
84.795
96.883
197.5611
84.117
Restricted funds
ECC - Rent Grant
Wami Rooms Grant
Thrive wlh Five- Workshops
& Community Planting events
Colabs IT Sessions
5.000
{5,0001
{1001
100
2,580
446
12,0171
1241}
7.358}
563
205
100
8.026
768
Total funds
84.895
104,909
1104,919
84.885
Balan¢• at
31
Docembor
2022
Balance at
1 January
2022
Incomlng Rè50urces
rgsources
èxp•nded
Transfe
Unrestrlcted funds
General
General Funds
85.302
76,725
(76,759}
1473)
84,795
Rostricted funds
ECC- Rent Grant
Wam) Rooms Grant
Creative Youth Cafe
5.000
100
750
(5.3731
373
100
{8501
6,223
473
100
Total funds
85,302
82,575
182,982
84,895
Page 12

Newcourt Community Association
Notes to the Flnanclal Statements for the Year End￿ 31 December 2023
(continued)
11 Anatyslg of net assets betweon funds
Total fund¥
at31
Decombfrr
2023
Unre$trlcted
funds
Genbral
R8strlct•d
funds
Current assets
84,117
768
84,885
Total funds
at31
Decomber
2022
Unrestrictèd
funds
G?neral
Rgstrlctsd
fund5
Current assets
84,795
100
84,895
12 Rolated party trnnsa¢tloD
Thar8 were no related party Iransactlons in the year.
P4e 13