REGISTERED COMPANY NUMBER.. CE007633 {England and Wales) REGISTERED CHARITY NUMBER: 1167837 ort of the Trustees and Unaudited Financial Statements for the Year Ended 30 June 2025 for Hour Communit Guymer King Limited 4 Stone Street Court Stone Street Hadleigh Suffolk IP7 6HY
Hour Communit Contents of the Financial Statements for the Year Ended 30 June 2025 Page Report of the Trustees 1 to 3 Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10 to 17 Detailed Statement of Financial Activities 18 to 20
Hour Communit Re ort of the Trustees for the Year Ended 30 June 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). Sharon Norman has reached the end of her tenure as a trustee and we would like to thank her for all that she has done for the charity since its inception. We are delighted to say that she will continue to run the Forget Me Not club into the future. OBJECTIVES AND ACTIVITIES Objectives and aims The objective of the CIO as set out in its Constitution is: "The relief of those who are in need by reason of their youth, age, ill-health, disability, of financial hardship by the provision of community services including but not limited to befriending or community transport as shall be thought fit" Significant activities Probably the most significant event this year was the acquisition of the former St John Ambulance centre in Framlingham to be known as Hour Place after five years of negotiations. The building is being renovated and will become our own Health and Wellbeing centre, which we have longed for, for many years. This was closely followed by the purchase of our nine-seater minibus that now completes the fleet which we needed to service the community. Public benefit The charity trustees have had due regard to the guidance on public benefit published by the commission in exercising their powers and duties ACHIEVEMENTS AND PERFORMANCE Charitable activities The CIO has undertaken transport activities, befriending activities and helped the community in the Framlingham area by providing the dementia-friendly Forget Me Not Club, the Mental Health supporting Worry Tree Café, The Men's Shed has been joined by a Ladies Shed and Furniture Project which has helped families following storm Babet, our Hour Community waste disposal Van and Trishaw rides in the Town. The CIO continues to raise its profile as the Go to" organisation in the Town. All of these are aimed at satisfying their core objectives and aims and have continued in 2024125 to serve the community. Fundraising activlties The CIO have continued to apply for and receive grants from a number of generous donors and trusts set out in the report below. The CIO has carried out a number of fundraising events in the year and also very successfully made use of a professional fundraising in applying for suitable funding streams which have seen it further expand it service in the Framlingham area. Our volunteers also offer a car parking service and this has raised us almost £1,000 for our vital servicesl FINANCIAL REVIEW Financial position The CIO is in a positive financial position with funds put aside to provide its main activities into the futuie. Thls has t)een due to the generosity of a number of Trusts and others who have provided finances. Page 1
Hour Communit Re ort of the Trustees for the Year Ended 30 June 2025 FINANCIAL REVIEW Principal funding sources Funding for the CIO has principally provided by.. Alan Boswell Group CT Lord Barnaby's Foundation Sydney Black CT Department for Transport East Suffolk Council The Yvonne Flux CT Framlingham Town Council The Garzoni CT Sir Robert Gooch CT The Goodman Foundation Grace Trust Limbourne Trust Theodore Maxxy CT Mills Charity The Mrs LD Rope Third Charitable Settlement Scarfe CT Sizewell C Ltd Suffolk Community Foundation Reserves policy As a relatively newly formed CIO the policy is for unrestricted reserves to meet the day to day operating requirements of the organisation for a minimum of 3 months, amounting to approximately £12,000 per month. Going concern The accounts are prepared on the going concern basis. FUTURE PLANS The future is going to be very much based on Hour pla and the opportunities it will bring. To start with we will move our offices into the building, saving us rent, and then we will move our two clubs (The Forget Me Not and Worry Tree) into the building. We have been approached by several other organisations who are looking for a venue and once the building is complete we will be speaking to them to see how they can add to the services that we provide. There are exciting times aheadl STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Gharity is controiie(J by its goveming document, its constitution, dated 17 June 2016,as a Charitable Incorporated Organisation (CIO) Charity constitution The Charity is constituted as a Charitable Incorporated Organisation Page 2
Hour Communit Re ort of the Trustees for the Year Ended 30 June 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees Apart from the first charity trustees, every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. Selection of trustees is with regard to the skills, knowledge and experience needed for the effective administration of the CIO. Framlingham Town Council may appoint one charity trustee. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE007633 (England and Wales) Registered Charity number 1167837 Registered office 27 College Road Framlingham Suffolk IP13 9EJ Trustees Mrs S E Norman Mr J Tanner Chairperson Mrs B Eglinton Mr R Mays Mr M Salmon Ms R J Chesman Mr J E Fairweather Trustee Independent Examiner Guymer King Limited 4 Stone Street Court Stone Street Hadleigh Suffolk IP7 6HY Approved by order of the board of trustees on 9 October 2025 and signed on its behalf by: Mr J Tanner- Trustee Page 3
Inde endent Examinerfs Re Hour Communit ort to the Trustees of Independent examiner's report to the trustees of Hour Community {'the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examinerfs ststement sin your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination" or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David Guymer King FCCA ATII Guymer King Limited 4 Stone Street Court Stone Street Hadleigh Suffolk IP7 6HY 9 October 2025 Page 4
Hour Communit Statement of Financial Activities for the Year Ended 30 June 2025 30.6.25 Total funds 30.6.24 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 23,854 246,466 270,320 177,674 Charitable activities Befriending costs HelplHome Transport Furniture project Xmas lunch club General The Sheds 6,634 6,634 4,990 8,466 8,466 8,986 380 530 1,695 350 350 4,950 1,195 4,950 1,195 Other trading activities Investment income 16,846 6,070 16,846 6,522 28,684 7,882 452 Total 29,256 286,032 315,288 230,821 EXPENDITURE ON Raising funds 1,875 6,359 8,234 12,287 Charitable activities Befriending costs Worry Tree Cafe provision Cycling without Age HelplHome Transport Furniture project Xmas lunch club General GrandPad The Sheds Garages Kiosk Household support grant Flood help Hour Place costs 15,955 13,420 600 11,772 44,677 25,528 15,955 13,420 600 11,772 44,677 25,528 16,161 11,058 868 11,062 46,713 22,041 30 8,546 335 31,019 3,835 24 10,000 27,396 19,350 19,350 27,541 2,075 27,541 2,075 21,250 1,640 131 21,250 1,640 131 Other 58 507 565 258 Totsl 21.283 171,455 192,738 201,633 NET INCOME Transfers between funds 7,973 (49,810) 114,577 49,810 122,550 29,188 14 Net movement in funds (41,837) 164,387 122,650 29,188 The notes form part of these financial statements Page 5
Hour Communit Statement of Financial Activities for the Year Ended 30 June 2025 30.6.25 Total funds 30.6.24 Total funds Unrestricted Restricted funds funds Notes RECONCILIATION OF FUNDS Total funds brought forward 102,586 160,305 262,891 233,703 TOTAL FUNDS CARRIED FORWARD 60,749 324,692 385,441 262,891 The notes form part of these financial statements Page 6
Hour Communit Balance Sheet 30 June 2025 30.6.25 Total funds 30.6.24 Totsl funds Unrestricted Restrlcted funds funds Notes FIXED ASSETS Tangible assets 10 3,738 251,377 255,115 113,766 CURRENT ASSETS Debtors Cash at bank and in hand 2,168 76,749 2,168 137,606 9,542 164,804 60,857 60,857 78,917 139,774 174,346 CREDITORS Amounts falling due within one year 12 (3,845) (5,603) (9,448) (25,221) NET CURRENT ASSETS 57,012 73,314 130,326 149,125 TOTAL ASSETS LESS CURRENT LIABILITIES 60,750 324,691 385,441 262,891 NET ASSETS 60,750 324,691 385,441 262,891 The notes form part of these financial statements Page 7 continued...
Hour Communit Balance Sheet - continued 30 June 2025 30.6.25 Total funds 30.6.24 Total funds Unrestricted Restricted funds funds Notes 14 FUNDS Unrestricted funds". General fund Kiosk Donkeys The Edward Gostling fund 16,149 1,592 57 42,952 100,987 1,599 60,750 102,586 Restricted funds.. Befriending Worry Tree Cafe Cycle without Age Furniture project Xmas lunch club Transport Hour Sheds Land and Garages Household Support Grant Flood Help Hour Place 33,822 2,593 2,538 1,056 3,165 76,551 21,539 38,617 3,750 1,091 139,969 39,162 5,039 3,112 2,795 54,348 18,148 34,970 2,731 324,691 160,305 TOTAL FUNDS 385,441 262,891 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financlai year in accordan with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 8 continued...
Hour Communit Balance Sheet - continued 30 June 2025 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 9 October 2025 and were signed on its behalf by: Mr J Tanner - Trustee The notes form part of these financial statements Page g
Hour Communit Notes to the Financial Statements for the Year Ended 30 June 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of reSoUrs. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles 250/0 Reducing balance method Computer equipment 250/0 Reducing balance method Trishaws 25 % Reducing balance method Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Where amounts are allocated to projects which were funded via a restricted fund they are treated as restricted although they are strictly designated. Further explanation of the nature and purpose of each fund is included in the notes to th8 finanGial statemer]tS. Page 10 continued...
Hour Communit Notes to the Financial Statements - continued for the Year Ended 30 June 2025 ACCOUNTING POLICIES - continued Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. OTHER TRADING ACTIVITIES 30.6.25 30.6.24 Mini bus hire Medical Transport 5,375 11.471 12,695 15,989 16,846 28,684 INVESTMENT INCOME 30.6.25 30.6.24 Rents received Deposit account interest 6,070 452 7,882 6,522 7,882 RAISING FUNDS Raising donations and legacies 30.6.25 30.6.24 Postage and stationery Sub contract services Support costs 1,898 2,939 9,260 1,899 12,199 Page11 continued...
Hour Communit Notes to the Financial Statements - continued for the Year Ended 30 June 2025 SUPPORT COSTS Information technology Management Finance Befriending costs Worry Tree Cafe provision HelplHome Transport Fumiture project General The Sheds Garages Household support grant Flood help Hour Place costs 180 181 183 4,939 188 2,096 1,085 1,136 107 418 31 9,988 107 449 Human resources Governance costs Other Totals Befriending costs Worry Tree Cafe provision Help/Home Transport Furniture project General The Sheds Garages Household support grant Flood help Hour Place costs 9,320 9,320 9,320 13,938 13,963 938 9,320 4,792 1,656 1,656 1,778 10,108 4,120 6,891 1,663 2,263 613 613 913 10,719 2,987 171 15,955 13,420 11,772 21,268 25,172 17,980 20,701 1,307 2,750 1,500 131 2,750 1,500 100 66,119 35,251 20,042 131,956 Included in Support costs was the amount of £1200 relating to the fees of the Independent Examiner Page 12 continued...
Hour Communit Notes to the Financial Statements - continued for the Year Ended 30 June 2025 NET INCOMEI(EXPENDITURE) Net incomel{expenditure) is stated after chargingl(crediting)= 30.6.25 30.6.24 Depreciation - owned assets Other operating leases 24,267 21,305 26,328 19,470 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024. STAFF COSTS The average monthly number of employees during the year was as follows.. 30.6.25 30.6.24 General No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 85,036 92,638 177,674 Charitable activities Befriending costs Furniture project Xmas lunch club General The Sheds 4,990 8,986 380 4,990 8,986 380 530 1,695 530 1.695 Other trading activities Investment income 28,684 7,882 28,684 7,882 Total 85,566 145,255 230,821 EXPENDITURE ON Raising funds 3,781 8,506 12,287 Page 13 continued...
Hour Communit Notes to the Financial Statements - continued for the Year Ended 30 June 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted Total funds funds funds Charitable activities Befriending costs Worry Tree Cafe provision Cycling without Age HelplHome Transport Furniture project Xmas lunch club General GrandPad The Sheds Garages Kiosk Household support grant Flood help 16,161 11,058 868 11,062 46,713 22,001 30 16,161 11,058 868 11,062 46,713 22,041 30 8,546 335 31,019 3,835 24 10,000 27,396 40 8,546 335 31,019 3.835 24 10,000 27,396 Other 18 240 258 Total 12,409 189,224 201,633 NET INCOMEI(EXPENDITURE) Transfers between funds 73,157 (5,094) (43,969) 5,094 29,188 Net movement in funds 68,063 {38,875) 29,188 RECONCILIATION OF FUNDS Total funds brought forward 34,523 199,180 233,703 TOTAL FUNDS CARRIED FORWARD 102,586 160,305 262,891 Page 14 continued...
Hour Communit Notes to the Financial Statements - continued for the Year Ended 30 June 2025 10. TANGIBLE FIXED ASSETS Improvements to Plant and property machinery Freehold property COST At 1 July 2024 Additions 30,001 120,000 5,037 66,067 1,529 At 30 June 2025 150,001 5,037 67,596 DEPRECIATION At 1 July 2024 Charge for year 1,969 768 36,834 7,440 At 30 June 2025 2,737 44,274 NET BOOK VALUE At 30 June 2025 150,001 2,300 23,322 At 30 June 2024 30,001 3,068 29,233 Motor vehicles Computer equipment Totals COST At 1 July 2024 Additions 139,718 41,197 6,468 2,890 247,291 165,616 At 30 June 2025 180,915 9,358 412,907 DEPRECIATION At 1 July 2024 Charge for year 90,193 14,967 4,529 1,092 133,525 24,267 At 30 June 2025 105,160 5,621 157.792 NET BOOKVALUE At 30 June 2025 75,755 3,737 255,115 At 30 June 2024 49,525 1,939 113,766 The CIO owns a Telephone Kiosk on Market Hill Framlingham which it purchased for a nominal £1 which is included in Freehold property although the replacement value is estimated at £2,500. Page 15 continued...
Hour Communit Notes to the Financial Statements - continued for the Year Ended 30 June 2025 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.25 30.6.24 Trade debtors Prepayments 2,168 3,542 6,000 2,168 9,542 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.25 30.6.24 Bank loans and overdrafts (see note 13) Trade creditors Social security and other taxes Other creditors Accrued expenses 18,750 6,471 2,657 1,556 5,032 203 9,448 25,221 13. LOANS An analysis of the maturity of loans is given below.. 30.6.25 30.6.24 Amounts falling due within one year on demand.. Bank overdrafts 18,750 Please note that the overdrafts are notional as the organisation has positive funds when all are aggregated. They come about due to the way that resources are divided among the various funds and are covered by the value of the other assets in the funds concerned such that if the assets in all the funds were converted into cash at their book values each fund would at least stand at nil 14. MOVEMENT IN FUNDS Transfers between funds Income and expenses for the various restricted funds are accounted for and costs are allocated on the basis of a percentage based on the initial forecasts for the year. If any of the funds are in deficit (usually due to the costs allocated to it rather than because of any actual account being overdrawn) then funds from the General Fund are transferred at the end of the year to bring the fund back to a "nil" balance. Page 16 continued...
Hour Communi Notes to the Financial Statements - continued for the Year Ended 30 June 2025 15. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 June 2025. 16. TREATMENT OF FUNDS The various works of the CIO are accounted for in a number of funds representing the services provided to the community of Framlingham and its surroundings. The fund names reflect the services provided. The majority of funds are regarded as restricted and the vast majority of the funds raised are specific to those projects and so are rightly shown and accounted for as "restricted" Funding was provided by The Edward Gostling Foundation to serve as a "backstop" to cover the CIO'S reserves should they be needed. The precise use of the funds is left to the CIO and so the fund is regarded as part of the unrestricted General fund but the understanding is that it should be used as a backup for a period of five years and then should be entirely free of restriction. Accordingly the trustees have shown the funds as designated and they are kept in a deposit account for "emergency" use. Page 17
Hour Communit Detailed Statement of Financial Activities for the Year Ended 30 June 2025 30.6.25 30.6.24 INCOME AND ENDOWMENTS Donations and legacies Donations Grants 15,525 254,795 52,695 124,979 270,320 177,674 Other trading activities Mini bus hire Medical Transport 5,375 11,471 12,695 15,989 16,846 28,684 Investment income Rents received Deposit account interest 6,070 452 7,882 6,522 7,882 Charitable activities Sales 21,600 16,581 Total incoming resources 315,288 230,821 EXPENDITURE Raising donations and legacies Postage and stationery Sub contract services 1,898 2,939 1,899 2,939 Other trading activities Purchases Bad debts 5,885 450 88 6.335 88 Charitable activities Advertising Mini bus costs FGMN Expenses Carried forward 228 8.798 714 11,043 2,572 14,329 9,026 This page does not form part of the statutory financial statements Page 18
Hour Communit Detailed Statement of Financial Activities for the Year Ended 30 June 2025 30.6.25 30.6.24 Charitable activities Brought forward Transit costs Freehold property Plant and machinery Fixtures and fittings Motor vehicles Computer equipment Grants to institutions 9,026 14,329 2,279 768 600 6,840 14,976 1,083 18,690 800 8,579 15,772 1,177 37,536 51,983 80,472 Other Training Computer costs 325 240 18 240 565 258 Support costs Management Insurance Sundries 8,220 1,768 2,213 8,566 9,988 10,779 Finance Bank charges 107 265 Information technology Repairs and renewals 449 5,647 Human resources Wages DBS 65,923 196 62.972 144 66,119 63,116 Other Other operating leases Telephone Postage and stationery Travel and subsisten 21,305 1,701 9,317 2,928 19,470 1,915 3,109 58 35,251 24.552 Governance costs Professional Fees 20,042 13,517 This page does not form part of the statutory financial statements Page 19
Hour Communit Detailed Statement of Financial Activities for the Year Ended 30 June 2025 30.6.25 30.6.24 Total resources expended 192,738 201,633 Net income 122,550 29,188 This page does not form part of the statutory financial statements Page 20