registraticm nurrtjer. 11789t Wilstockhub Wllslockhub Contents RefererM% arvj AdMinistratr￿e DelaiLs Trustees. Report 4tog ststernent ofTruthl 10 Inde￿ndant Ex8W￿8￿8 Rewt 11 Slatement of Finan(yal Actlvll 12 13 Notes to th8 HrArthl Slateff 14to20 Wilstockhub Reference and Admlnlstratlve Details TfusI•o Mr A S E Bradford MrRJBrcth MrsEAKay Mrw J Revan8 MrEJRyan Mr8 L R Spelman4rfe8 Re3kJned after th8 yaar end: Mr M S Punnl- reslgned 2 March 2025 Prlnclpal Offlc• 11 wtllstOGk Way Wilstock Village North Pelherton som0￿@t TA5 2RR Company Roghtratlon Numb•r 09568460 Charlty R•gl8tratlon Numbor 1178906 Indopwndont Examln•r Gamn Rob9rt8 FCA FCCA M8x¥¥ells Chartered Att￿ntants 4 Kings Square Bridgw*er &)m8r58t TA6 3YF Company regislralv)n numb8r 09566460 rity Registrdtion number 1178 Ilstockhub Trustees. Report The tnjstees. who are direclcys the purwws of cuY4)any Ivw. Fresent ts 8nnu81 rewt tL¥Jether with ￿ financial statsments of ts chailable corryny for the year 8Th1￿1 30 Ortober 2024 Objectlvm and octmtl The d)arfty8 Ot4'ec18 are fcff the (A) To furtr￿ the benefit of re8Klents 01￿&t(￿[. and its wiiruns. with(xJt d5stinction of $6x, sexual orlentatlon, race or polWI. rel(lous C￿ other opinions by a5sod8tlon of the said resldents, the Local AUth￿ltieS. voluntwy 8rKI other ￿janiSationS in a (￿MOn effort to adv8fM educalion and to provlde fadlltles in the inlwests of 8Th7al v￿re. for the recrBation leisure Ume orxupalion with th8 objeias of imwuling the 0)nditi(￿ of life for the 188Klwts. (B) To protect arKI safeguard the health of the wtAlc at large in th8 area of bernfft by the provlslon of antenatsl care. parentlng dasses. acc08S to health vlsltcffs aThl such other supp(xt Ix)nsistant with th8s8 provlslons that are charltsbl8 acthrdN￿ to Ihe IBW of Ewl8nd Walo8. . Genéral charltsble 8er4t88 . Educa￿0nrrra1￿In9 Disability . The preventkjn of rnvwty • EnvlronmenUConservab'orvHeritage • Econ0n￿￿cornmUnty Devd(ymenUEmp4oyment • Human dght￿RellglOu8 or Racial HaTTT¥)nylEqualty or DNwsty Wf#) • ChildTrnlYoung WOFIO . Elderfylold people People wrth disabilities . The general wblicjmanklnd How . Makes grants to indNiduals • Provides 8ulldinpFaalltiesl0F￿ spece • Provld6s seNlces . Provides ad¥oWlA(fvI￿lnIorni8IX)n . Sponsors CK undertakes research . Acts as an umbre118 or re8(xxca bc . Other charitsble athvilles The tru8t085 rA)nfirrn that they have complied wlih the requkem&ts of sedion 17 ofth8 Charities AGt 2011 trj have du8 ragard to the wNic benefft guldance pUbh'sh￿ by ts Chanty Commission for England aTKI Wales. Company registration number 09566460 Charity Reglstralion number 1178￿6 Wilstockhub Trustees. Report mandated by our chwitatrje stats. V￿ are d￿lICated lo Wb1￿ benefft arKI adherro the requlrem8nts set forth by the Charity CommissK)n. Tho b)ard oftsuste8s Is unwavering {xrnitr￿ to realiza th8 8tratwJic vwn of Wilsto¢khub' establlshing a communlty hth that 8gNes as a ftKa p(xnt tsresK1gnts of Wilsto¢k. Stod(rTrJx ond tho l￿der (ximmunty. Throughout thls re5K¥ting period. our efftyts h￿0 been 0)￿ntr￿ed on raising the ne￿$sary fund5 towards our revlsed ￿MId cost of £1.95m and we have made S*jnrfj￿nt wc4Jress towards achieving this goal. The tNstees have dec*Jed ￿ a phased approach to 0)nslDJd￿n. 1. Drainage gr￿n[h￿rkS {whi¢h have been compl*ed to tske vway bIg￿t risk). I Construdon arml intwnal fft c￿. Lands{2￿10Utslde *Avrk8. to bo dcth wlth c¥)rr*TrJW as desred by (x)mmunty )nsutsttorra ur#Jw*on. Our Journ•y so lar... We were inuedibly fc¥knnate to a gengrcLB glft crf land Irom Blocr Homes S￿t In 2020 which enabled us to adv￿￿ wlth ow ￿n$ to dwn a)d b￿ld a fA)mft￿nty hth. 188sential piannKvJ permIs￿n8 hava been swA6sfiJlty S￿r*I, ￿de[Sc(￿IrvJ ¢xJr d•Jicabon to being a communlty4•d that catets to bJth wesent &)d fubjre needs. Thls pr*cl has been no easy feat txrt d8spits hamng navigated IlYwJh unfarThliar ts￿lI0ry and al tlmes quite daunlng and ch81engin9. ￿1th d8twminatk)n and pThverance we saw oach challenge as an opportunty for growth, ￿ have learn￿1 a lot tlYovJh thts tsanSfcffi￿fve Jwrney and discovered the power cl perslsten¢e and ry)nlinwus18amng. Evary $8tbad( Ser4￿189 a steppingstone toward8 progre88. Th8 yc¢88s of buikjing wmethiThJ rrwingknl the communty has b88n immens8ly r8war(ling. proving that even amidst unc*rtaW. comrwnty p8ssknrKlrfvon actions can lead to tsngible outcom8s. Despite this the ¢haleroe of bn'rKJro In Ca￿ f￿￿Ing h&s b88n hard. We are iio grateful to lunders to date a8 twr guthnce and 8UPPOrt has been pivotal. r destinatK)n 18 to 8 v*rarrt comTh￿l￿WIthIn Wlst(KK slock￿KX)r arml wider where Individuals are eagerto li￿. play arnl188m - a CW krnywn as [4￿makIng. Investing In Wilst￿khub ￿11 not only C￿18 a Val￿ comnwn5ty asset txrt 81so inspire reshlents both current and prospective lo levwage al that we cJ)IKlivety hcld doar In fosterng everyone's h88Mh, happlness, OppO￿nity and (Neral welkbelr¥J *tKIty WFP)thYJ Equty and InthsiDn. Actlvlllo• undgrtak•n Nature events for Vrt￿le lawity Ihrougfwjrt the summerw￿e populw. promotiro a healihier lifestyb with environmental eThJaggment u)m￿￿nty involvement ￿ucatIon on recyding Frf8Ctices. Istockhub's envIronn￿trl & Corw￿ arn is kThy•m as'LitUe Nalur8 Folk.. a mulkngenergtional idea. People are exdted to gel invow in makiry an ar£￿Ille. indusNe (y)mI￿nIty garden wanting a sensory area for anyone with dis(¥der5 oru the ￿1￿jir￿ to and C￿ne(l vthilst rxomotirvJ mental end physical vffjlbeing giwng tirng for e￿ other. It 15 amazirvj what okjw f(Ak can We exten￿ invitatMTh to mlgrarrtlafflPAs in a Ixknl one mle tDioin in *lth wmnwnky a¢tiviti8s. many of them came arKJ were so ￿atefUl. the chl(ken we so Tr￿ppY it cw hearts. That one small step mad8 a Fwe diffwence tr) their inrKKent Ii%B& We sourc£d theff ￿rne I￿ntyS treats too. Quite a lol have been integr8W irrto kxal nurs￿sCh(th. We telievo that Wllstockhub Trustees, Report Th8'Big Lunth, IB most su[￿es￿ e¥tnt the yoar. altra(*'r¥J over 5(KJ people, brlnglng them logethor is tnjty wryiderful as there is a krt crf knelin855 isolaoon wlthln 0)mr￿nty. This is an ann[￿1 fijndraising event ￿ere ￿ can fundrais8 tcwtw within th8 L¥)mmunty keeping momentum going. every penny raiwj goirwj I￿r￿S the Fryression of th8 c4)mmunty hub, rf( 15 a perfect opporlunity to tslk to people and Sh￿%￿se th8 pr(¥ression k88ping everyone up to date, Ilstenlng and conflnnirwJ th8ir n88ds are still the same as well as ￿￿$. We held lots of other events bulldlng a strong lolcr•Ary as as gaiNwJ Kknl>ern. PartnorJhlp WothrwJ In our mix8d housing d8¥elopment, have 40% I￿$1￿J. We do a lot of wot* wlth th8 largest Housing Kw)Giation - LiveW&8t k&plrtrJ ￿1n8{￿d ¥4ryth their resvjents getung kM)Ived and gmng support where we C￿. 8kM)r Homes S(Mrtlrrt we contiN* a Wfri6Thdty Yelallonshlp them, and we are grateful tr all their help 8rKI advlce when ne0￿j. We have thon)ughly enknd ¥K*klrvJ tAlth the (knntod( Landscapo P8rtnerthip Scheme, and we vlll contiNe the natural 8nv1rDnr￿ff acbvilkn leamlr¥J and maintainiw the connedion with the Quantrxk Hlls which Is prec￿U8 to all hw?. We are IC￿nate that our r￿rnn￿nty hub wll sit at the frArt of, and enjoy s[*Cta￿A8r ol. the Hllls. It has bo8n very Imp(wt8nt to keep dolThJ events ￿ the uxnnwrlty. tt kefrps Lkry connedgd our prospeclfve benoffi(yarfes of th8 Hth. It bJild6 Iwst and kjyalty and ar￿Ouraging new end U88rs. Thw8 are a lot ofvoterans past & serving IMrvJ in the lXrfnff￿nty vkno ccffte to chat wlth us wanting to help arKI offBr their servlces Lyiwiry gr8at skik4 whlth18 useful lo us and In the fijtura wanting a ￿ace lo belong need¥ig a¢1￿88 lo ser*7￿ WKI to sodalizè within th8 communlty. We are cons• geth'ry nthy gnquiries for space to rent on top of klentif*d users hi•v•m•nts . 2021- P88r revie￿Ed ￿rnal ar￿Cle n intsrna1K￿al sw- Nthral Capftal and Cultural Capitsl for a More Sustalnable P￿t-cOvI￿19 Worfd,. . 2022. Eden Conmnunttles Case SILwty. Gettiu ts C(xmty Cel8bralng. . 2022. BBC Polnts West. WIIStr￿1th sbxy & The ￿ Royal Lunch. . W23. LiveWest.'DocK8t8P to Nature Er¥Jagorrnrf. &N2al Value pilot proi8rt. . 2023. Quant￿* Hllls Natkylal Land￿￿ Yjkl Plw Fac41 . Natlonal reFKXt. . 2024Take a Break Magazine Intervi￿ w￿t￿￿'s￿rneY and Big Lunth. What has notM>rk so Tml G8ttir¥J y¢￿th ￿ board. the of thiYYJ thiN> kn terbts has off. They have said Ihey we excited to be having a Youth in the tNJb WHI bg Y(xttFbJ ￿1th many Intsrested in muslc playing a big part of the dub (Pard8n the P[￿1) We are persisung with tyng to get a (xxnrThJnty L(thry to take off. bui tt has been very slow desplte using social media. It is hard to rf the rea50n is oftho o)st of I1￿[￿J. Hamng sp)ken to differentgroup5 doing fv saTh8 it takes to get ty)iny. Charity W5tration nurrt)gr. I178￿ Wllslockhub Istscknub is a prtvate company limibj by worantee *ittKKrt sha￿. The company was Incorporated In Apdl 2015 and registwed in England Wales with CO￿￿nY nurnb8r 09566460. The company obtalned Charitat￿8 stath in J￿Y 2018 *ith . dwity nunthr 1178￿6. The govgmirvj The tru8te88 can confirn that they have (xlmpfied the ￿u1reM8nts of sec4ion 4 of th8 charit18S Act 2011 to have due regwd to the ￿￿lIC benefit guidan(x ￿￿)lishad by the Charfty Commission for England a￿1 Wa188. The tru*g98 are re8ponslbl& genwal o)ntrd and m8wement of c*wlty. Board meetlngs we held I￿r tknes a s*arwlth athlition81 m88tiry (xMr48rwd as requir￿1 for derision maklng and matters Ofislng bet*wn rwJular meetlrrfJ8. The IllllstLYknub hcAds an Anrthl Gonwal and alm8 to *￿8 bo own And ac4xJuntAble. Furthemiore. the tN8t888'. Undersland their rDle and r8srxThibiltti88. Remaln Inform8d of charw88 to th8 charty I￿ aThl regAakn. Are committed to the chariivs caus8 to help del[￿ its purw9e8 effxw. Are 88tisfied any risks that have b88n 1deMi￿ that systsins we kn FAace. Ensuro insurance 18 in place as is public Ilabillty. Keep the finances under revlvw. Fln•nel•l r•vl The trust88s are resp￿31b48 keeFMro pYo￿r wxxxKrting r￿[d9 whlc* dscloso wlth reasonable a(xura¢y 8t any lime the fin￿￿01 [X￿ttk)n ol the {• and ￿able ttwi to en6we that flnanclal 8tstements compty with Ch8rftl8s Ara 2011. Inwme for the year amounted to £248.750 aThl. after exFwditure totslirwJ £20.704 the balance of retsined funds NYa5 £627,688. The88 furmk Lx)mwtse malnly c¥¥h at ts bank arvj tsed assets 88 at tho balan￿ sheet date. The amounts in thg bank a(wJnt are 8am)wked for futh SWKI (apital and wnnyjnty gag8ment. Decisk•r* M expendilur8 are taken at tjoard aTrJ a18drvl1￿ (¥ThMl8red the Re•orv•s pollcy As a rolatNely slill a$￿1¥h1￿18¥￿8 Pove ncl yet Cffja￿ a fornwh￿l r85eNes p)Itcy. HM￿r, il Th)twJ that VR (kn not hm credrtcrfs ￿ fina￿la1 cornmttments and ttrwef￿e V4* ￿ awtail our to a healthy bevel of r88rn are maintain8d. As the d￿rity develoF6, ￿ antiC4fAte (xr re￿rry￿￿ ann￿4 expenditure to gr[￿ and Gijnsequenlly hcdding a rewle equivalent to six mL¥rths exwdth ￿vUkI app88r PYLKlent. This pclicywill involve a revi￿ of anllcipated ynding agalnst krKA¥n lev815 of incJ)nw. to detennine our Istockhub Trustees. Report Ov•rvltr The ffllh year coeratlng as a chwty Pos been exdtkwJ and th8 bgst yd to Our aim is to bulld a (Thiffojntty Iwb in a develOp¥T￿nt, currenlty IKwsing 5,000+ residents ¥Mlh no communty faciltties. t￿lIding a hub wll a way to deliw nwltiple services to m88t the needs of the ￿n￿nty. Tnth8s eX￿￿nC￿ and libt the need tk£m*lves. Th• Why: Having held multiple o)mnwnlty (￿Sutta￿onS of diff8rent tJP8S to r8ach dl age groups and makn'ng sure. everyon6 has an equal Vyji￿. ￿ have knrml the VIS￿ tro8th8r. We ar8 a community4ed oject. ThL4 has fomled the (*n of the ￿lId1r￿J, it be fit for PWFX)se. brirvJirrfJ in Nital Servlces whith are greatly needed to make a change to P80ple's ￿lL41 *0 en8blirvJ th9 local 8(￿9￿MY to flourish by ene￿Wn9 and s4itx)thng S￿￿81 ertterw88. Th• diif•rfjnco *v4 VAII mak•: A wmmunty hub will b8 thg bealing hg9rt ofthè (xxm￿nty. Ban8f￿￿￿unt08Is. Improwd sklll8 that conlribut8 towards 8 thriving kra area. I￿￿d ¥￿￿)e11¥a. physlcal &emotional. Improved a￿89 to natrworkirvJ oppcrfiunityes lea(*r¥J to imwo￿d soclal ￿h@s￿)n arKI r&Juc8 Isolabon. Wilslockhub a$ an organization will provth a acc86sible ccIn￿nty buildlng with faGllltle8 that represent the requirThnts d its uws. Provide an eneryy effiaent etwironm8nt that is 5Uitabl and future-proofed for generation8 to come. F¥ThwJe an envlronm8nt appropriats to comrThJnlty members of all ages and abilitws. li ordor that ttw L¥n benofft Irom and engag8 wllh a variety of events and activitles. Provide the needs ar#J #tsrnsts oftr* ryxnnwnty in line with rx)nsultation ndings. Develop n6w skdls that wpporls u6 to ewdenco ow iryaL*180ding to imwov&l 8uslalnabllty. The Trusto08 stlll enjoy an ex￿￿ent relat￿ShI> as a tsaffl kew'ng u5 strDng and loy81 to our cau8e, we draw on each otherfs strongths and sklls. We are all happy proud with what V•P have achioved so far on our i￿rneY trY￿ther. The ￿t that wo can 8ee the diffBrence in Ihe project'8 F￿gresSIon is so rew8rding it keeps us motivated d￿1￿lted. GorAII08dorsh￿. a clear 8trat89y arKI erwJagement make Q su(XXS8fiI. Atxm al ￿ kr40 our ¢(￿r￿nty. The Truths U￿19￿tarKI the Str￿ wlth bn'rvJirvJ wi th8 funding. (capital being the hardest) to allow U5 to deliver ow objed5. We are ￿mTr￿lled to ￿n9 with fvrKlers to supwrt our clear need. Onc8 J have ￿h1¢￿Ed our ￿*1, we will to bec(Mne sustainable arKI 8eff-suprK*tlng. We will InBplro the (X)M￿lINty to (x)nn8c* rwivral walK cyde and reduce our Gthn worr￿ng th? v8kn JKI dNws1ty of nthre. Wlisthk and Sto(kn is a do￿ d 0￿r 2.qm with anDtr￿ g)0 Flannod. Placed 8rther side of a natural ry)unty park Illcth zone} Wilstsxk wllage is OLA on an am) a mile the road from StO(kn￿r. We are kx*d Nist (Alth8 M5. knctM)n 24 Is ideal for travelling to work do￿ to Exeter or up to Bristol and twd. We are on the edge oflhe ￿an1(￿k h118-a NatKxwI Landscape. Thwe15 a good MLX of wrf(h 40% Sl￿￿1 EmFtynent oppo￿n￿lIeS peoFle wlth the right skills s we havg the new nudear PrA￿r slation . HinW14xrtt C. th 13 mi185 away. people havg moved here f￿rn all areas of th& county and Eury. Unfortunatdy, more than 10 yews ap s1(￿ nKmles krtendod wern dNeried to highv•By8. Housing has inueased and w lea￿$ peop￿ witFThrt any 1x)Mr￿NitY fact11￿85. We work&J in partr￿[ShIP wlth 'L(￿lty Ihe natM)nal organisalion fcY'AdK)n on Ix)mnKtnrties ￿r￿lUced an 'Evldence of ne8d 're[￿ whith confr￿￿ we need a oyNNnity t￿lIdIng. Company regiytration numbw. 09586480. Istockhub Trusteos. Report We would1Sk8 to th￿k 8￿Y(Th t*kno Sup[￿&1 us and belleve in ourvi6ion. A h￿0 thank you w to th8 f￿NIelS **K) have swJnBd ffijndlng •Jreements with tho Iskjckhub.. North Petherton To*ry) C(wncil s8dg8mC￿ District c￿n(al. (Rec• atw)lished) H1n￿eY Point C. Somerset Cr)un¢yl Gaffidd We The National Lottory ccfflff￿nty Fund Ipo8t thls year and) £500.(N)O £350,000 £300,fA)O £194,C £1rJ).000 £194A82 Of th8 amourts aboNp the grants frnrn Sedg￿K1x 016ts1ca c(xmcil and SrThrvet Counul havè been recelvad in fvll arml the grant from North PethwtDn C￿ncIl h86 been paitialty received. The remaining amounts cary abl￿Th aThJ wll b8 8cxX)unt￿1 for on(x thas8 have been fulfiled. We have klenlfied Potentld s￿reA to ck*o cKr fix•Jlng gap are ￿)rk￿ng on subm￿1n9 applicalion8. Vll8tcthub tsk88 pfDfe3wonal guidarTh from (w fa)rffjtr￿ agents . Baley ParIn￿Ship having 8 procur8ment strategy in plara for cost m8n4en*rt I￿alty AwraThx. Supplier Oiversity and R18k Management. A big thank to CO￿ trJr QS *b)se glid￿¢0 p31￿ is amazing. Futur• d•v•lopmonts Tho Trustees wlll contlnuo to make pYrws8 as are very ke8n to start tt maln phasa of eonstnjclion, b￿ger 6t take8 th• nKxe (xtsts p up. We will C4)n8tsnty revth value ongineering. We will corrtwiue grOV￿ng our huTVW SKle lo tK8nd on the tnjst we have maintainod so far. Oevelop new 5kilL8 that support5 US to widgnc• cw ￿dkng to NnpThed 8UStainabilty. Truste85 to supwjrt ourvoluntser man8geThwt tewn wlth skMIs 8rKI ￿ntinUe and malntalning a gr8at relationship defming rot8B arvj re8porwbth1*5. bwrthles and exte¢t*w. ￿mMUnI￿on d deci￿On rn&king. The annual report was apwoved tythfrlr￿leo$ of 10th J￿Y2025 and glwed on fts behalf MrEJRyan Twstse Mrs L R SpelmaTrlves Truste8 Company registration numbr. 09566￿. Istockhub Stalement of T￿￿. Responsibilities The trustees (wtK) are aso ts th(*Jys of ￿$t¢￿￿1th fLY tha purFX)ses of oynpany law) are r8sponsIb￿ for pr8pwirwJ the truste8s' repK*t and finanual slat￿ents in ￿>￿rdance with the United Kingdom Accounting Standards (Unrbj Kirydom Ge￿ A￿pted Acuunting PraL*￿) and aP￿Icable law arKI regulati(Th. Company law requires the tnth to prepare knnc4al slatemnts for each financial year. Under fx>mpary law th8 Iruste8s rwst not apFTh the financial statements unless they aye satlsfied that thty gNe a twe and fair wew of tha stste of affairs ofthe tharitable LxrfnpBny and of rts IncomiThJ rv8ources and applicalion of resources. indudiw 118 incon￿ and exp8nthth. fLY Ihat p8rkxl. In preparfrvJ these financial ststements. the Injstses are required to: selert suitsble accxjunbng poliae8 apyty thwn ¢8t or trBn5a(kni v4JJ8 unless other•E8e statsd in the relavant accounting ￿K￿lGY notes. Incomo ar￿ •ndowments All Inco￿ Is reccgnized Or￿ Ihe tharity has enthM￿ to lh8 In￿)￿￿, li Is FY0b￿ that the in(xJm8 will be received, and the amount ofthe inLx)me Ixn b8 Tha8ured ￿lIab￿. 14 Company registrati￿ number 09566460 Charity Regitrdtion number 1178906 Istockhub Notes to the Flnanclal Statemonts for the Year •nded 30 October 2024 Donatlons are re[￿nized when DO￿ In wiitirvJ of tho amount and settlem8nt date. In the event that a donatN)n is to Cx)rMlItM￿S Ihat rwwire a level of FerfomTrnce by th8 charity bef(*e the charity is entit￿1 to the lunds. the inLx)me is defe￿0d arKI mt rec(yiged until elther those condibons ¥e fuity tha fuffllmert (A trh)se widrtions is wholly within the c4J*rol of the charity and it is that th88e bo fLified In fv rep)itiry peri¢MI. Grants are recognized when charlty ha5 an ontiflementtotho f(mds and any condltlons Ilnked to the grants have been met. Where 8it8thed to th8 want and are yet to b& mot, the in￿me18 r8ccwJnk8d as a Ilabtlty a￿1 In(*NtsJ on th8 balance 8W as dgf8rr8d In￿)￿ to b8 released. Exp•ndAur• expendlturo Is recognls•J On￿ ther8 Is a l&381 (X cbllgallon to Ihat exp8fKllturn. It18 probable setu8￿nt Is requlred, th8 amwnt c4n b8 Measu￿ rBli8tty. Al cx)sts are allocatsd to the appllcable 8xpendibJre hea(ling that 8ggr8gate similar costs to that catsgixy. Where Costs cannot be dIrec￿Y atln'but8d to partI￿18r have bggn alkKated on a basls ￿nsIstsnt wlth the u68 of resources, wrth contral Staff ￿>Sts alhxaled b8wJ on spenL and depredatlon tharyes 8llocat8d Irre￿yeT81jo VAT18 againjt ts e4t•yyd r8gWC88 eXP￿thI for*hk* tt wa8 Ir￿fred. Ralslng lund• Th88e aro costs OrK￿rred In atlrnthryJ irK*me. th6 manwent of Inv85tff￿nts And thosa Incurr&J in trading xtivitles that raL8e Charitsbl8 exFWKlItLYe comw868 tlThe lThxThd ty1he (*• kn thfr delt¥wy of Its actWe8 ftjr tis benefici￿08. tt irKlwJes t>)sts that w be 8kJcabJ dlrecty to such acfjv5ts8 ar# those ￿sts of an ￿dIrert naknre to thom. Taxatlon The charity 1$ ¢x)n8klered to pass th8 te8ts set out In Paragraph 1 SCI￿]ule 8 of Rnanc% Act 2010 and therefore it meets the definits(￿ ol a thaiit*A8 LK G(xtKntkJn tax purposes. rdingly, the Charity is kKrtentialty exemptfrom taxatKJn in r8sp&lof n(y)me Or￿PItal gains recaivad withln (¥tegorl8S o)ver8d by Chapter 3 Part 11 of the c￿[Axa￿ Tax Act 2010 or Wion 256 of the Tax8￿0￿ of Charyaeable Galns Ad 1992, to the extent Ihal such Income or gains are applied exdusively to ch8rit8tkn pwpo8es. TarvJlbl• fix•d a¥s•ts IndNilual fixed assets cL￿tI￿j £1ry).(K) CK we iriwy reuxded al uJsL Dopr•clatlon D8preclatlon is provKted on taw1b￿f￿ed assets k)*Tite off the rns( less *)y estlm8bJ midual valuo. ovw thelr exp&aed useful el￿10M￿ lrfe as frkn8: 15 Company registration number 09566460 (Jwity Registration numb8r 1178906 Istockhub Notss to the Financial Statsments for the Year ended 30 October 2024 Equy Assets urMl8r C(￿S1￿￿tIOn Straight line over t￿r to nin6 years Nd Ca¥h and Gash •qulval•nt• Cash aNJ ￿sh ￿u1valents (x)mprfse cash on hwKI aral (xl de￿ and other shcrt-temi hlghly llquld inve8trnents that are reacwy c4)nveth kn a amojnt of cash aThJ are sUbJ￿t to an in8lgnifi￿nt risk of d￿n￿& in vaue. Fund structure Unrestrictsd irKa)mo furLd8 are 9￿￿al thd8 that we avalth for u60 at tha InJst6ts'8 d*crelion In ftrtkwanco of the d4e¢ifv88 of th8 Restricted in(x)me funds are those donabj fi)r use kn a areg orfcf SP￿[fiC purpos88, the u88 of which is restricted to thal afoa or wrpose. 3 Incom• from and l•gxkns Total 2024 Total 2023 fund• (>ants. IndudlNd caprtal grants: 244.OCKI 418660 The Incom8 from grnrts wa8 £245.iNJ) 12(Y23 - £418.660) of £1.(NY) (2023 . £3,160) was but0￿8 to unrejtrd￿l fu￿18 arKI £244.(XXJ (2023. £415.51XJ) 8tblbutatlg to re8trrted fund& 4 Incom• Irom charftabl• actmo Tolal 2024 Totsl 2023 3.750 The incom8 from charitable activitses was £3.750 {2023- £3,963) ofwhich £3,750 (2023 - £3,983) was attribLrtabl8 to unrestricted funds aThJ £Nil (20Z3- £NI) was attrbjtatle lo ￿tricted funds. 16 Company registration nurnber 09566460 Chty R￿JistratiOn number1178906 Wllstockhub Nots8 to the Financial Slatements for the Year endod 30 October 2024 5 Expendltur• Ral8lng funds expend1￿r0 Totsl 2024 Totsl 2023 Fundr8i3ing expenses 15.469 Ch•rltabl• actlvlt108 •Xl￿nd11u1• funds Total fund• Ba8ls of G•rnbrnl nds Computer costs D8preclatlon of ewlwent Insurance Legal and profe881onal Purchases and su equlpmont Printiro postage arKI *alor￿ry U8wJe 205 1.760 244 852 Dlre DiTB¢t Direct 1.760 244 652 4,980 Total for 2023 Exwditure on ralslrvj funds was £11,371 (2023: £15.469) £NII was utYestrlrAed (2023: £NIII arKI £11,377 was r88trit*J (2(Yid: £15A69). Exwndlture on charlt*A8 was £9.327 (2(123: £18,372) of whith £9.327 wa8 unrestr {2023: £18.372) ar¥J £Nil was restri1￿ {2tr23: £Nil). Expgndltwe In the currwrt arKI prhy IrM*Kles W arKI Fxknl fees for th8 dwn and planning ofthe ￿OSed ￿￿. 8 Trust••8 r•mun•ratlon and •xpons•s ring the year. 17 Company registration number 09566460 rity Registration number 1178￿6 ilstockhub Notes to th8 Flnanclal Statements for the Year ended 30 October 2024 No trustees have r￿]Ved any reifflxrsed expew c* olher b8neffts from ts charity d￿ng the The tNstaes are the key management pusml ofthg dwity. 7 Taxatlon Th8 cha￿ty Is a regIstw￿l tharity and 15 exew fr(¥n taxation. Tanglbl• r￿d assots Ass•ts und•r Equlwn•nt construcllon Total Cost At 1 Novar￿ 2023 Addhlons 9,616 224.198 233,814 189 927 189 927 At 30 October 2024 414 125 423 741 D•prnclatlon At 1 Nov8mber 2023 Charge ts the year At 30 October 2024 6.119 8,119 Not book value At 30 Octthr 2024 414 125 415 862 At 30 October 2023 224 198 227 695 Cmh and ca•h oqulvalents 2023 Cash at bank 171927 18 CLYnpany registralion number 09566460 Charity Regi5tialion number 1178906 Wllstockhub Notes to the Flnanclal Statoments for th8 Year ended 30 Octobor 2024 10 Funds Curr•nt p•rlod Inc0Th￿n9 Re*￿reaS Tran•for Balanc• At 30 Unr••trlct•d fund8 Genernl &497 4.750 (9.327) 2.817 1.737 Rmtrlcted fund• 11.377 Totsl lund• 399,622 248.750 Prlor p•rfod Tran8for botmn fvnd• Balanu •t I Ineomlw R••ourc Octob•r 2022 rn•Our￿l •xp•nd•d£ BalIn￿ at 30 Octob•r 2023 Unr08tr1ctsd fvn General 10.840 7.123 {18,372) 3.908 3,497 R•8trlct•d funds Total fund¥ 422.623 Translers between funds we used to cryrferth8 wepwlrq addMh)nal frJTrJlTrJ apFllcatSorts to ral80 the wtstarKling balanrA of the totsl prr•ct cost The 8F￿the ￿rr￿Se$ for the to b8 appll•J are as f(kn Somerset Council . To be u8ed in t?)n￿L￿ with dwi arKI on thg Wfi8t(Kknub building. Sedgemcw Dlstrlct ￿n￿l . To bfr used kn c￿nBcak￿ de*n and Qythcak￿ th tjn the Wiistockhub buildir¥J Wilstockhub t￿IdIr￿J. 19 Company registration number 09566460 Ckority RegistralKm numb8r 1178906 11 Analy815 ol n8t assots bohwon fund• Curr•nt yHr lund$ R•slrfGt•d Total funds Tangible fxed assets Current assets 1.737 414,125 415.862 211806 627 668 Pylor y•ar fund8 R•8trlct•d Total fvn Tanglble fixod assets Curr8nt a888ts 3,497 224,198 171927 227.695 171,927 Totsl rnt &88ets 399 622 20 Compaty registration number 09566460 Chartty RegistralK)n nurnber 1178906