ISCA COMMUNtrY EP¥tERPRISES ANNUAL REI¥)RT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31- MARCH 2024
ISCA COMMUNffY ENTERPRISES FOR THE YEAR ENDED 31- MARCH 2024 ih¥'i i.e* Trustees. Report Indeoerxlent Examiner's Reoort Statement of Ffftancial Aciivities Balance Sheet
ISCA COMMUNITY ENTERPRISES CHARITY INFORMATION FOR THE YEAR ENDED 31- MARCH 2024 CHARITY NAME: Isca Community Enterprises REGISTERED CHARITY NUMBER: 1161023 ADDRESS: Pendragon House Thp. Bp.arnn Beacon Lane Exeter Devon EX4 8LZ CURRENT TRUSTEES: Siephen HLKlson Ichairmanl MBE al re*>1¢¥ i I ityd>wer j Christopher Cranston Susan Pike INnFPfNfKcNT FYdAIINFR. r M R I frnnin FfiF Bowhill Eookkeeping SerVes 172 NpwmAn Rnarl EXETER EX4 1pa
ISCA COMMUNITY ENTERPRISES TRUSTEES, REPORT F(1 THE YEAR ENDED 31- MARCH 2024 The trustees present their report together wtih the financial statements tor the year ended 31. March 2024. 9 and 10 and comply wilh the charity's consiilution. the Charities Act 2011 and 2022 amendmeFlts, Ihe Th+ PcnnmmonrlrA ADftt)i intinn Pcnnrinn hii nh?ri+i¢Jo fin?rhifsl P•nnrtinft <tanrlard appliCae in the UK and Republic ol Ireland IFRS 1021 lelfeciive 1 January 20191 and with the Financial Rp.nnrtina Rtandxrd ytnr)Ir.ahlp. in thp. I lnitp.rl Kinnflnm anil Rp.r)I Ihlin. nf 1rp.land IFR8 1 n?1 Structure. Governce and Manaaement Isca Community Enierprises is a Charitable Incorporated Organisation ICIOI which is govemed by an 'Foundation' model ConstitutK)n reqbstereo on 23,° March 2015 and amended on 30-' September 2018. The charity was registered with the Charity Commi&%ion on 23 March 2015. Isca Community Enterprises ks currently governed by a board comprising six trustees. Apart from the firsi crtarily trustees. the leadership team ol Isca Church or its successor l~the appointing body"1 will appoint as many trustees as it chooses. Any appointment must be made at a meeting held according to Ihe ordinary practtce of the appointing body. In selecting the individuals for appointment as appointed charity trustees. tne appointing t¥)ay mtjsi nave regard IO tne Skills. Knowieoge ano experEnce needeo ior tne etiective administration ol the charity. Upon request from the current trustees the appointing Ix)dy will provide names OT a( 1¥¢1ST Twv per¥4t)ilb or iv Lui}Ser. LPt)uiv)uneTTt musi (Y Tvf d iErni UT r[ie yedf5. The date on which thè charity trustees or their secretary or clerk are informed of the appoiniment. The person appointed need not Ix a member of the app)inting body. A trustee appoinied by the appointing tx)ay nas tne same auiy unoer clause ¥ I I i oi me cnariiy"s consiitulion as tne cna¥ny ifustees io aci the way he or she decNJes in good faith would be likely to further the purposes of the charitv. The Islee$ who served dunng the year and up to the date the port was approved are as follows.. Stephen Hudson Ichairrnanl Susan Pike Chrisiophef Cranston The obiects of the CIO are as follows: To further or benefit the resentIal communtty of Exeter. Devon. without distinctbon of sex, sexual orienfatK)n, race or of oolitical. rel105 or oiher oninions bv associaiina iooether the said residents and the local authorities, voluntary and other organisations in a common eflort lo advance education and to provide activities and tllitieS in the interests of social welfare for recreaiion and leisure time occupatK)n wsth the objective of improving the conditions of life for b)th the local comfflunity and globally. To provide such activilies and to establish or secure the establishment of a community centre or centres arvj to maintain or manage or co-operate with any statutory authortiy in the maintenance and management of such 8 centre for activites promoted by the charity fft fuflherance of the ave obiecttves. ffi ruT4YierdiiL¥ ui. UIE U"UPLLb. Dle iVUTiU¢lWii Silyi vyerdie wru) bllTISITdTI ¥¢llUVb.
ISCA COMMUNITY EERPRISEs
TRUSTEES. REPORT Icont#iuedl
FOR THE YEAR ENDED 31- MARCH 2024
Public Benefit
( I Ir s 1 117¥f yIV¢i¢ 1#•[e1 OliVIt IV ill¢ knOI Illiii¥JbiVI ) yuiJiiSti¢lA vi'i iiie fuokic
Benef it requirement under the Charwties Act 2011. The trustees are satisfied that the charity's activities 8$
This year the trustees continued the main charitable acttvity of the operational management of Pendragon
runn the community centre based at Pendragon House. commonly known as 'The Beacon,
The overall strategic aim of The Beacon is to serve the local people of Beacon Heath with a variety of
activities thar nromote educalts)n. well-beina and communitv cohesion. We are a charitv for evervone no
maiter their age, ethnicity, sexualily. gender. employment, disabilily, education status or anything else.
We have three streams of aciivity which often overlap.. children. youth and families. adLJlts. and ol(Jer
people. Identifying these streams allows us to focus some of whai we do in particular ways and to focu5
some of what we do towards those who will most benefit from it. We also place greai emphasis on
oftering a positive environment for volunteers to work at the cenire in many different ways, in particular we
support some volunteers who themselves have their own specific health aftd learning needs and they
contriixjte as equals io the running of the centre.
I wo muin proviaers or service nave conTinueo w occupy spaLe agaKI ai me oeacon auring m15 last year.
Exeief Foodbank have Carried on with their free food supply to people and have continued with their licence
i i Ir utrdLuI"I nd> boi Icii lil ill IVI tv
Ihe local acute hospital under a Itcence agreemeni in the provision of ante-natal and post-natal clinics by
throughoul the year.
These two longer terms 'Ience of occupation. agreements have continued again to maintain financial
as their own projects have grown and developed and they have sought oui more appropriate premises for
a testament to the charity in enabling hirers themselves to grow develop as groups the local area.
Hnwp.¥p.r wp. hxvè. xln
ISCA COMMUNITY EKfERPRISES TRUSTEES" FEPORT Icontinuedl FOR THE YEAR ENDED 31- MARCH 2024 Main achievements duriig the yea Icontinuedl Networking with cornpani8s- The Beon team. via presentations and visits to the cenire have interest in provKting their siaff with regular volunleer opportunilies at the Beacon. To dale volLtnleers presence with up-to date hiring availability and comrnunity Information. One of the main challenges for the charity which we faced this yeaf. was the termination of a City Council rnntrxrt whirh nrnvidpd fnr twn mp.mhpr nf Rp.xr.nn txlf whn nlfp.rp.d w Innnri anrt hp.ln tn np.nnlp triiftnlinrt wtih poor wellbeing and who are often socially isolated. This support was offered by one to one cor)tact and SUDOOrt in attendino SDecific aciivities at the Beacon. Even thouoh th%s was 8 formal end to a fixed term contract due to competing financial pressures with loca5 councils , nevertheless this was a loss of servtce for people and also endino the employment contract for two staff members. Some of the service users have been able to engage with other community events at the Beacon. In August 2023 the charity look on the resKK)nsibility of running a new projeci called 'Hope at Home. whKh was a new venture lor the charity. This befriending project involves volunteers visiting and telephoning mainly older people living in their own home and otterg triendship and companionship to Isolaied and lonely individuals. Isca CE has partnered wtth a national Christian charity called 'Linking Lives. who have provided resources ano training tor tne Volunteer cooroinator (] visiting volunteers. Linxing Lives works wittl over bu churches across the country in supporting older people in this way. Relerrals are received from local NHS and siaiutufyivoiuniaiy oiganisaiM)n5 arlo ine Sere Is Tree ow cnarge 10 InoivK]uais. A Truffloer OT Financial donations have been received which enabled Ihe Project to commence and has slowly built up over the last ytdF Wliii tile IITJL Vl>llJ LJNIIIy VI¥ Ifl JdiiiAdiy LVL*. t I I IfV• i Id) iK¥i i ¥veii I VLeiveu sli yivtri(ifi 19 much needed companionship and valued relationships for older people and enabling improvements in nts yvat ii)driiy, LTIE UgdLUfl dno "nDpe rnun1 seT¥ ILeb ndve Jgdill LVI ILII iueo iu w wvvii Jeivgu uv local volunteers in all aspects of the running ot these activities. Our volunteers have continually mainiained the chariiy in all their hard work and efforts. The charity has grown this year in taking on a new servtce and has seen the loss of another. A good network challenges involved and eflects of the COVKI pandefflic and ongoirvJ economic climate the charity is well fflaking a real dTrfference lor people
ISCA commuNy ENTERPRISES TRUSTEES. REPORT Icontru8dl FIJI THE YEAR ENDED 31- MARCH 2024 trmawL'rdi The charity made a net surplus in the year of £31,839 12023 surplus £18.8101. Total income increased iT éi io uviCIVc¥l VIJ LV LI IV VI VV yfal IJIVJL V Lrfiits 11 Iuyi liaLI &JVIiIy liijlli ICOLI ILItlA UI IL•. neisiiij income increased by 2.5%. Total expendFiure increased by 16% compared to the previous year with increases across most expenditure Irs+ nTrirran ee0• g+ iiagr_onA +n+gllaA r1 M Q 1 Q thi+h r1 n VOt•rirtaA h ifAe rivtsA Aeeot at the year-end ioialled £24.963. Total tunds therefore amounted to £125,781 . Reserves Policy Ai thp. vp.ar-p.nd thp n.harilv's rp.sg.rvp.8 tntallprt f69.36R Inp.t e.Iirrg.nt A<p.ts Ip.8s rp.qlrwtpil an(1 dp.qinnHtp.d fundsl. The Trustees aim io maintain free reserves in unrestricted funds to primarily cover the significant costs due to a comolete closure of the communitv centre. This would include six months of staff salarv costs at £35,IJOO and ihe linancial payment ol repaying back the OCCLtpational licence costs to two long term hirers of £14,CQO. In additK)n, the trustees need to hold free reserves for maN)r property repairs and any urgeni significant maintenance costs. It is expected a new floor for the main hall will need to be laKI Icirca £70001 and a new lowered ceiling in one of our main activity hls Icirca £80CQI. Work will also be undertaken in the coming year for an ongoing and continuing review of all maintenance and buildir¥Jiequipment assels whh may realise sh3nificant costs for the centre and having to pr¥)ritise the charities purchase decisions. Therefore, a sum of Lb.Lk)U. L'lV,uvts Is reasonarye to aiiocaTe our UnresUr0 serveS ror mis repa ano maintenance expenditufe. The Trustees are aware that. as a result ol the continued current econofflic backdrop and increasing costs, tiiei ¥ yviii bl9111 11 Uli-yviliy yiraJ(bivJ ui I vui i IIIJ IS bVLIPIttU WIU'I Ll If Ii'i-ryab¢ vi ui¥ 11111 economic climate on hirers and their possible intention or not. ot commftment to hiring ot space and room5 at and gr8nt income against what is affordable and what is reasonable for hwers to pay. The Trustees will need to maintaHI its flexibiltiy and pnjdence within this continuing ehollenging environment The report was approved by the Trustees on . .11.09.2024...................... and signed on their behalf by:
INDEPENDE1 EXAIfflNER'S REPOftr TO THE TRUSTEES OF IArri¥iW¥iVl¥b I I Cl¥ l Éiivhiit out on pages 7 to 16 Re8ponsibilities and ba818 of report As tnjslees of the CIO. you a reswnsibbe for the weparati)n of the xcounts in xcordance with the requirements of the Charrties Act 2011 {'the kt") avfftg SiEiSTEa mysL)I trial OT ine 85SWafK)n reqwiwi iv authteu aiiii ai¥ eTryiue 6DI independent examin3b"on, l port in Spect of my examinatson of ihe Association's accounts carned out undef n44 by the Ch8rty ComMissn under sectson 1451SHbl of the Act Independent exomlnees $latement I have completed my examination. I confirm that no rrotersal matter5 have come to my attention in connecb.on wrth the examinatjon gNing me cause to tselieve thai In any matenal respecl.. LUuiiLi119 ItUUWa iiui In iesV¥LI Ui (Tie Iolv IEquweu Dy S¥LIiLin i av iiie t[. 01 2. the accounts do not 0rd with those records I have no concems and have coTr,e acr055 no Other manefs In connection wrth the examination lo which attents. should be drawn In this TeDOrt In order to enable a ororr underslanespcj ol the accounts lo be reached. Mr M Cronin MAAT FCIE Bowhlll Bookkeeplng Servlees 172 Newman Road D•tO
IYJO ¢y Orfl 1 g I ¢yO 7Jw
ISCA COMMUNrfY ENTERPRISES BALANCE SHEET AS AT 31- MARCH 2024 Note At 31" Marcn 2024 Ai 31. March 2023 FIXED ASSETS: I th IyliJif I I,oATr) CURRENT ASSETS: Cash at bank and in hand 96.308 95,237 104.547 101.369 Creditors.. Amounts falling due within one year 13,7291 119.3051 NET CURRENT ASSETS 100.818 82,064 TOTAL NET ASSETS 125.781 93.942 THE FUNDS OF THE CHARITY.. Restricted Income Funds Unrestricted Funds Designated Funds 10.959 11,887 94.331 20.491 82.055 "r 14.OLL The notes on pages 9- 7 6 form an integral part of Ihese accounts. These accounts were approved by the trustees on . on their behalf by-. .11.09.2024............................and signed S. H4)s( Stephen Hudson I Chair of Trustees) Trustees
ISCA COMMUNIVI ENTERPRISES NOTES TO THE FINANCIAL STATEMENTS YtAM ts"i-' MArfLM '24 The linancial statements have been prepared under the historical cost convention with notes io the accounts. The financial statements have been Prepared with the Statement accounts in accordance with the Financial Reporting Siandard appIable in the UK and ?n1 01 Reporting Standard applicable in the Uniied Kingdom and RepUtlC of Ireland IFRS 1021. f inAnTri>l ot>t•m•n< hav• hppn nrpn2r¢l iwith fh>rtti#¢ tsnt ?ni l anrs ?n?? amendments. Isca Community Enterpfises ffets the definition of a publr benefit entity under FRS 102. bl Tangl1e Fixed Assets The charity owns various items of audio-visual. comwter equipment, kitchen equipment and furniture all of which has been depreciated ai a raie of 20% on a $traht-1{e basis. All equipment is capitalised when the amunt exceeds £500. cl Debtors Debiors are measured on Initial recOgnrtn at me settemeni amouni atter any discounts. Prepayments are valued at the amouni Pfepaid net of any trade discounts due. dl C&sh at bank dbll dt V(IiYK I[lyub siiui i iErnT nuiiiy n(4UIO #)vesimwi(b Wlul d tsnvri nrdturily Lll Uiree TYX)nihs or less from the dale ol quIsItln or opening of ihe deTx)Sit or simdar account. el Creditors eveni that wTrll probably result in the trsfer of funds to a third party and the amount recognised at their setement anUt after allowing for any trade discounts due. I0 entitled to the inco. receipt is probable and the annI can be quantified with rp.HRnnHhlp. a¢.e.iirar.v. Donations are recoanised when recer¥ed bv or on behalf of the charitv. Grant income is credited in the perKsd which r< is receivable and any amounts relatinq to future periods are shown under creditors. rieiTf& 4ILiIETie me i¥iitth IJT LVITITllUllllV li(fe Ib dLLUUTliW ivi uri d f¥LgNdLts basis.
ISCA COMMUNITY ENTERPRISES NOTES TO THE FW4ANCIAL STATEMENTS TtAiI trivEu Ji". £u£4 Ilidicti lf¥&¥& In addtt#)n, Isca Community Enterprises provKJed 3,038 unpaid volunteer hours the as it is dittFcutt io place a reliable amount of the time provided. The value ol volunieer Expenditure is included on an accnjals basis. Raising funds are costs associated with fundraising aCiNities. Charitable activities are costs incurred by the charity in the delivery of its activities and services for its beneficiarbes. 11 Fund Accounting Funds held by the charity are.. Uniestrieted Income Funds These are funds that are not subject to any restrlI0n5 regarding their use and are available for appIallOn within the cttaritaDle objects tor ihe general purposes ot the harity. Designated Funds I fi¥se dre iuriub Lll¢n ¥¢JrrrrdfKe(T tjy ME UU5ievs Iuf SPeL1tL kiufpvbeb 111 tr rtmjfe. The tnjstees have the power 10 Te-designate such funds wrthin the unTesiricted funds. Restricted Income Funds objects of the charity. ReStrictnS arise when specified by the donor or when the funds The charity only has financia assets and liabiltties of a kind that qualify as basic linancial In¢triirnS%nt< A#¢ift finannD91 in¢tri irn•nto ar¥5 initijllv r•nnnr4i¢pA at tran¢2vtw)n vAlI i• anA subsequenly freasured at thew senlement vJue. kl G¢img eoncem The trustees consider there are no material UertaInlieS about the charitv's abililv to contlliue as a going concern.
ISCA COMMUNrrY ENTERPRISES NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31- MARCH 2024 TANGIBLE FIXED ASSErs Plant & Machineiy COST At I si April 2023 Additions in the year L)Isposais 26.445 21,502 At 31" March 2024 45.583 DEPRECIATION Charge for Ihe year 9,183 At 31- March 2024 20,620 NET BonK VALUE At 31" March 2024 24.963 At 31. March 2023 11,878 Prepayments 1.805 1,561 8.239 6,132 CREDITIJIS.. ATrUts tslling duo withii on8 ye 2024 2023 PA YEINational Insurance Oiher Creditors Accruals & Deferred Income 475 2.104 1.150 618 1.966 16.721
ISCA COMMUNrrY ENTERPRISES NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31- MARCH 2024 DEFERRED INCOME 2024 2023 Balance at 1. April 2023 Amouni released to incoming resources Amount deferred In the year 15.334 115.3341 6,000 16.0001 15,334 Balance at 31" March 2024 15,334 RESTRICTED FUNDSITRANSFERS BETWEEN FUNDS - CURRENT YEAR Baknces Incorne ExpeTr*we between Balances f.IFnrwgv RIFnrwNrA rjp.vnn f.ni Intv r.ni lnp.il IFlnnflwnrks) Devon Comm Fund Iwellbeingl DCF Comm Connectors Iwellbeinol Befriending Service IHope at Homel Delibrilator Exeter City Council (Fundays) Natn81 Grid (Wafm Roomsl Exeter City Council Isports Equipmentl Devon Voluntary IFriday momingsl Exeter Comm Initiatsves IDoital CluSiOn1 2,280 66.650 250 7.535 1,795 2.586 4.628 149,0601 12451 11 1871 119.8701 6,348 11.7951 288 12.8741 14,6281 288 12881 13.0001 4.250 13.5911 659 ANALYSIS OF FUNDS Restsicted Unrestricted Funds Funds Totsl Fvnds Fixed Assets Current Assets Liabilities= Due within one ye 24,963 93,588 13, 7291 24.963 104,547 13.7291 10.959 Net Awts 10.959 114,822 125.781
ISCA COMMUNThY ENTERPRISES NOTES TO THE FINANCIAL STATEMENTS YEAH eNtJtD J1-' fiiAHLM £D24 i tv ruiYv>i I ut i Tntiry ripiiJa iLtyiiinu¥ui The various grants receNed in ihe year have all tAen SnI on Ihe development of the Beacon ri Iuf. aVII If fAVfl fjUItill¥ I 10> Illy y1 ui li yi¥ri I vi 11 tydvildl iu a u oilal¥l from the unrestricte(J lund has therefofe been made. Balances carried lorward will be spent in r? ncn h- vear to be spent to prevent the risk of fiooding for the centre. The grants for the befriending Initiatives IDigital Inelusionl is to SUPk)Ort Ihe purchase of compLJter equipment lor Beacon Heath roqwlpnt¢ 2nrl I Iqoyo of ihsb Flpxrnn fpntrp RESTRICTED FIJNDS - PREvIs YEAR TrSfer$ To Unrfjstrted Funds Fund Balances BIForward Fund Balances CffiorwaFd Incon Experlthiwe 3.gb2 -Devon Lounty Louncil IFiooowofKSI Exeter City Council Iwellbeingl 380 13801 evvii iUfVITTi ruiiu ivveiiWIITryI DCF Comm Conneciors Iwellbeingl 1.2¢)0 1831 1,117 V¢VUCi knvrric(I ITIVUJVI IiJIU QUVVUfCi 11.0771 527 Exeter City Council IFuniJaysl 550 Exeter City Council IBoderl 3.5CQ 13,5001 JCM4 751 14631 288 Exeter City Council Isports Equipmentl IA¢lnl 12.883 50.851 147,9721 13.8751 11,887 ANALYSIS OF FUNDS Resbicted Unrestricted Funds Fun(ts Total Funds Fixed Assets Current Assets LiaDiiiiies.' uue wimin one year 11.878 75,709 11.878 101.369 25.660 113.1 iJi Net Assets 11.887 82,055 93,942 The trusiees have sei aside £19.370 to fund managemeni time ¥i future years and £1,121
ISCA COMMUNrrY ENTERPRISES
NOTES TO THE FINANCIAL STATEMENTS
VEAN tThiiJtU Jl-' f41AHLM 2U24
riLli l Niti¥ I I
Ernployment costs totalled £7 1.308 in the year 12023 - £68.6831. Gross salaries including
Trtvul IV
1- | 800 10 Ltj t
yryrnrno ry)C <0 XJ Ltj v C1 o aj o 19 omffrO•tr fnOO ¢DQ)OP x£o0OEL L>