ELLACOMBE COMMUNITY PARTNERSHIP TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CHARITY NUMBER 1165031 Ellacombe Community Partnership Contents Page Charity Infonnation Trustees Report Independent Examiner's Report Statement of Financial Aelivities Balance Sheet Notes to the Financial Staternents 7- 11 Ellacombe Community Partnership Charity Infonnalion Trustee5 Jemaine Atiya-Alla Hazel Foster Katy Schrnidt Alex Green Chairman Richard Bearne Charity Number 1165031 Operating Addre$$ 4 - 8 Temperance Street Torquay Devon TQ2 SPU Independent Examiner Robert Loxton Accounts Investigations Ltd 8 Queensway Crescent Shiphay Torquay Devon TQ2 6DH Ellacombe Community Partnership Trustee's Report for the year ended 31 March 2025 The trustees present their report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the Charity's Trust Deed, the Charities Act 1993 (as amended) and the Stalernent of Recommended Practice ' Accounting and Reporting by Charities" issued in March 2005. Structure, Governance and Management The charity is Constituted by a charitable incorporated organisation on 4 January 2016 Registered Charity Number 1165031. The trustees who served during th¢ year were . Alex Green Richard Beame Jermaine Atiya- Alla Hazel Foster Katy Schmidt Charities Objects The objects of the CIO are.. to fLllther or benefit the residents of Ellacombe in Torquay and the neighbourhood, without distinction of gender. sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a Common effort to advance education and lo provide facilities in the interests of social welfare for recreation leisure time occupation with the objectiv¢ of improving the conditions of life for the residents. To promote such other charitable purposes as may from time to time be d¢t¢rmined. In furtherance of these objects but not othenvise, the trustees shall have powei to establish or secure the establishment of community facilities and to rnaintain or manage or cooperate with any other organisalions in the maintenance and management of such facilities for activities promoted by the charity in furth¢raiice of the above objects. Activities The Ellacombe Community Partnership runs a Community Hub, providing a Cornmunily Café, advice and support, activities and projects which support and benefit the local community. Ellacombe Community Partnership Trustee's Report (continued) for the year ended 31 March 2025 Financial RevieTrv It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which allows for any shortfalls in future funding. The trustees considers that reserves al this level will ensure that, in th¢ ¢vent of a significant drop in funding, they will be able to continue with charities current activities while consideration is given lo ways in which additional funds may be raised. On behalf of the board of Trustee's. Richard Bearne Chairnlan Date 30 June 2025 Ellacombe Community Partnership Independent Examiners Report year ended 31 March 2025 I report to the Trustees on my examination of the accounts of Ellacombe Community Partnership for the year ended 31 March 2025 which are set out on pages 5 to I l. Responsibilities and basis of report As the Trustees of the Charity you are responsibl¢ for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("th¢ Act"). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 201 l Act and in carrying out my examination I have followed all the applicable dir¢ctions given by the Charity Commission under sectioii 145(5) b of th¢ Act. Independent Examiners Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving my cause to believe that in any material respect. l. Accounting records were not kept in respect of the Charity as required as required by seclioll 130 or 2. The accounts do not accord with those records. or 3. The accounts do not Comply with the applicable requirements concerning the forn] and content of the accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the aLcounts give a 'true and fair view which is not a matter Considered as part of an independent exainination. I have no concems and have come across no other matters in connection with the examination to which att¢ntion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Robert Loxton Accounts Investigations Limited 8 Queensway Crescent Shiphay Torquay Devon TQ2 6DH 30 June 2025 Ellacombe Community Pirtnership Statements of Financial ActI￿tieS including Income and Expcndilurc Account for the year ended 31 March 2025 Unrestricted Funds Restricted Funds Total 2025 Total 2024 Notes Incomill resources from enerated funds ALtivities for generating funds Investment Income 9,814 1,874 9,814 1,874 10,241 1,219 11,688 20.562 11,688 142,411 11,460 134,517 tncome resources from Charitable activities 121,849 Total incoming resources 32.250 121,849 154,099 145,977 Resources ex ended Costs of generating funds/Project Mllnagemellt Costs of generating donations and Icgacies Fundraising trading costs of goods sold 132,728 132,728 1,075 102,955 4,449 1,075 1,075 132,728 133,803 107,404 Charitable actI￿tieS Support Costs 5,390 5,390 10,026 Governancc costs 775 775 700 Total resources expended 7,240 132,728 139,968 118,130 Net outgoing resources before transfers Gross transfers between funds 25,010 (10,879) 14,131 27,847 Net incomel{expenditure) for the year Net movements in funds Fund balancc at l April 2024 25,010 102,376 {10,879} 52,809 14,131 155,185 27,847 127,338 Fund balances at 31 March 2025 127,386 41,930 169,316 155,185 Lllacombe Community PArtnership Balance Sheet as 8131 March 2025 Notes 2025 2024 Fixed Assets Tangible assets Current Assets Debtors Cash al bank and in hand 175,295 161,357 175,295 161,357 Creditors: amounts falling due within olle year {5,979) {6,172) Net Current Assels 169,316 155,185 Total assets less current liabilities 169,316 155.185 Illcome Funds Restricted F,unds Unrcstricted Fl￿dS 41,930 127,386 52,809 102,376 169,316 155,185 The finan¢ial statements were approved by the Trustcc on 30 June 2025 Richard Beame Chairn]an Ellacombe Community Partnership Notes to the Accounts for the year ended 31 March 2025 Accounting Policies Basis of Preparation The financial statements have been pr¢pared in accordance with applicable accounting standards the Stalemeiit of Recommended Practice "accounting and Reporting to Charities" issued in March 2005 and the Charities Act 1993 (as amended). Incoming Resources Commercial trading activities: Income froin sale of goods and services derived from charitable activities and own produce is included in incoming resources in the p¢riod in which the charity is entitled to receipt. Donations and Grant$'. Income from donations and grants including capital ￿antS Is included in incoming resources when these are receivable, except as follows: When donors specify that donations and ￿antS given to the charity must be used in future accounting periods, the income is deferred until those periods. When donors impose conditions which have lo be fulfilled before the charity becomes entitled to use such income, the income is def¢￿ed and not included in incoming resources until the pre conditions for use have been met. When donors specify that donations and grants including Capital grants, are for a particular restricted pU￿oses, which do not amount lo pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable. Intangible Income.. Intangible income, comprising donating servic¢s, is included in incoming resources at a valuation which is an ¢stiinate of the financial costs borne by th¢ donor where such a cost is quantifiable and measurable. No income is recognised when there is no financial cost bome by a third party. Interest Receivable Interest r¢¢eivable is included in incoming resources when receivable by the Charity Ellacombe Community Partnership Notes to the Accounts {conliiiued) for the year ended 31 March 2025 Resources Expended Resources expended are included in the Statement of Financial Activities, on an accruals basis, inclusive of any VAT which cannot be recovered. Certain expenditure is directly attributable to specific activities and have been included in those categories. Certain other costs, which are iiltributable to more than one activity are apportioned across cost Categories on the basis of an estimate of the proportion of time spent by staff in those activities. Support Costs Support costs incurred wholly or mainly in support of expenditure on the objects of the Charity, and being an integral part of the cost of carrying out the direct charitable objectives, are separately analysed within Charitable Expenditure in the Statement of Financial Activities. Governance Costs Costs relating lo the management and administration of the charity are separately analysed within Charitable Expenditure Statement of Financial Activities. No remuneration or expenses were paid to the Trustees during the period. Activities for Generating Funds 2025 2024 Activities for generating funds Fundraising trading costs of goods sold 9,814 {1,075) 10,241 (4,449) Net activities for generating funds 8,739 5,792 Ellaeombe Community Partnership Notes to the Accounts (continued) for the year ended 31 March 2025 Investment Income 2025 2024 Interest receivable 1,874 1,219 Incoming Resources from Charitable Activities Unrestricted Fulld5 Restricted Funds Total 2025 Total 2024 Grants received 20,562 121,849 142,411 134,517 Total Resources Expended Staff costs Other costs Total 2025 Total 2024 Cost5 of geDerating fundS￿roJeCt Management C051s of gencrating donations and legacics Fundraising trading.. costs of goods Sold 111,845 15,696 127.541 99,017 5,187 1,075 6,262 8,387 Total 117,032 16,771 133,803 107,404 Charitable activities Support costs Governance costs 1,276 775 4,114 5,390 775 10.026 700 119,083 20,885 139,968 118,130 Governance costs includes payment to the independent examiners of £775 (2024 £700) for independent examination fees. Ella¢ombe Community Partnership Notes to the Accounts (continued) for the year ended 31 March 2025 Support Costs 2025 2024 tnsurance Phone Repairs and Maintenance Printing and Stationery Sundry expenses PayToII Costs 135 721 50 320 1,707 1,181 94 749 195 170 1,494 1,194 Overheads costs total 4,114 3,896 Staff Costs 1,276 6,130 5,390 10,026 Governance Costs 2025 2024 Other governance costs comprise.. Independent examiners fecs 775 700 775 600 io Ell#eombe Community Partnership Note5 to the Accounts (continued) for the year cndcd 31 March 2025 Restricted Funds The income f￿ndS of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes.. Lvlovement ill Fund5 Resources Expended BalAnce ot J April 2024 Ineomillg Transfer Balanc¢ 31 March 2025 Awards for all National Lollery Torbay Food Alliance Local Motion Fund CIL Fund Ward Fund Hub-Bub Postcode Local Trust Service Design Solution Amold Clark Devon Comm Foundation Devon Comm Foundation 3,000 16,629 8.060 9.000 12,220 3,900 12,820 65,854 10,000 4,700 (3,000) (60,885) (18,060) {13,700) {12,220) (6,900} (5,000} (9,355} (8001 (2,0001 (540) (268) 12,820 21,598 3,000 5,000 9,355 800 2,000 3,440 4,880 2,900 4,612 52,809 121,849 (132,728) 41,930 Analysis of Net Assets behveen Funds Unrestricted Funds Restricted Funds Total Fund balances at 31 March 2025 arc represented by- Tangible fixed assets Current assets Creditors.. amounts falling due within onc year 133,365 41,930 175,295 (5,979) {5,979) 127,386 41,930 169,316