THE CREDITON HEART PROJECT Annual Report and Flnandal Statements For the Year Ended 31 March 2024 The Old Vfiarage Colebrwke Credlton, EX17 5JQ Charliy Reystratlon no. 1189549 THE CREDITON HEART PROJECT Annual R•port and Fln•nclal Statements For the Year Ended 31 March 2024 Truste•s D•nnis ￿rdOn Caiherlne Lock Eu¥ene Mullan Hatiie Booth Jthn Bulford Paul Walker Rosemary 5Lephens Siephen ￿L￿kIng Wendy Murgatroyd Re51gned 1511112023 Res+8ned 2610912023 Addre55 The Old V1caraqe Colebrooke Crediion De¥f EX17 5JQ ankers Uoyds Bank Chelfflsford Leqi St OSC Leg8 Street Chelmsford CMI IJS IndEynthnt Examlner Smarter Accountlni hartered Management AccouThtanis 138 Pllgh street Crediton EX17 3DX The Crediton Heart Project Chair's Report for Year Ending 31 March 2024 The last year ha5 been the m05t eventful and productl¥e 51nce the Heart Project was launched in 2018. Despitè the sèd departure of some key members, wè have made progre55 With our core projects, explored and embraced new Inlli8tives and wel£orned new talent onto our team. Summer Workshops The year started with the successful delNery of our second Summer Arts Proaramme, thistime In the easleT settingof the Arts Centre, rather than a marouee. Most workshops were ful booked and much appreciated, 85 were ihe outreach session5 we did for Ukrainlan refugees and Age Concern. The project strenEthened ovr ￿latIonshIp with the Art5 Cefjtre, providing welcome b005t to the incomes Of both charitie5, Thanks must go to Patsy for Coordinating this project so expertly. sourcing the funding. devisin8 the prosramme and generally keeplng the whole show on the road. Webslte revamp The Crediton in and around website had $0 far been our most t&n8ible 3chievement. But we all agreed that. aftef three years, il needed streamllning. Thanks to a Localrrward. Thls w45 0 bold, p0551bly r15ky rnove, 05 although it provided % welcome boost to our general funds. it also committed us to a lot of ertra work as wetook over responsibility lor two of the T￿n Team's high profile projects. The Fkgg Prol¢ Flrstly the hugely popular Flae projett, ncw in i(s 11 year. went ahead under the CHP insieèd of the Town Team banner, funded by an 3nnual grafit from the Town Council. Although the pmlect started successAJlly, wlth 10 new flags being made and 60 fla8s bein8 Illstalled In the town centre, It was unfortunately cut short when a flBg pole and bracket fell off the wall leading to z lolnt dec151on by the Town Council ènd CHP to take all the fla85 down early lor 5aletv purposes. We will now work wlth the Town Councll to review our safety measures, before deciding whether togo ahead next year. The Bl8 Bonlfaee Bash Another inheritsnce from the Town Team was a pot of money ring fented for event5 promotsn8 St Boniface. Crediton's most famous son. To make the most of thi5. we teamed up with the Town Council to organize the first 618 Bonlface Bash. a familyfun day in the park to celebrate St Bonlface Oty. Thanks must go to Jo D3vey, the Town Council's Project and Events Offlcer, who coordinated thls very successful event, whith attracted IOOD people during the day. Also thanks to CHP a5soclate Rachel Vowles. who had the idea tor a Boniface Bash in the first place and sta8e mèn88ed the live music on the day. and to our new recrult Vane55a MacDonald, who bravely agreed to steward at this ￿ent, wSth no Idea what She ¥Y35 takln8 On. There are plans to repeat the event next year and we wlll need to conslder what role CHP takes Pailsh Chureh toncert Earlier in the year. we had organlsed another Successful event- è coneerl thE Parish Church by folk legends Kathryn Robertsand Sean ￿keman. Thls was a'progf of concept. project, inltlated after cot)versatlons wlth the Parish Church about how tg in¢re4se the use and Income of their venue to strengrhen ihelr bld to ihe Hertta8e Lottery Fund. The Concert Wa5 3 great success, wlth 147 tlckets sold and even è small profit going to CHP ind Arts Centre, whowere our £o-produ£ers. Although no progress has been made with the chureh'5 4mbitlOU5 development plans, this Is another example of CHP buildinB partnership5Wlth key communlty or8ani5atlons. Thanks to Eu8ene Mullan for hls workas our music prom¢xèr. l 8atherhe Is already explorln8 other option5 wlth the Arts Centre. to brin8 hi8h profile artlsts t¢ Crediton. Communlty Hub Oespite the demanos of these new projetts, we th'd not abantlon ¢xJr tore mlsslon, to bullLI a new cornmuni(y hub for the town. Afterthe disappgintmentof our plan5 for thE Redlands slte we switchèd ourattention tothe Newcombes Me8dowtoilet block-which we belleve has huge potent181 to be developed as a tommunity ¥enue. The Town Council are keen to demo115h the current buildln& they own, as it Is no longerflt for purpose and have responded positively to our ideas. Over the past few rnonths we have hèd several constructlve meetlngs wlth representat￿e$frorn the Town Council and Mid Devon Di5tria Council. who own the park, to explore how we can work rogether ro develop the site. Aloint steering group his been set up and ihe next slep Is to ralse funds for an arChtte￿'s feaslbilit¥ studv. Thss Is only the start of what wlll no doubl be a very loneloumey, but it certainlyfeels Quite exiting. Town Manager role ATrotherCHP idea which rnet with a positive response wasthe creation of a Town Manager role. K￿e and Eugene ha¢J severa1 meetings with the Tow# Council 8nd the Chamber ol Commerce to explo￿ how thiscould be achieved and they have even written a job description. All agreed thfs would be hugely benefScial for the and the Town Council hs5 offered to be the employer if we can raise the funds. We awalt a stsltable source of fvndlng to emerge before taklnE this forward. Farewells We were very sad to lose two of our foundln8 trustees- Stephen Hocking and N#nry Murgatroyd- who have both played such a eruelal role in the creation and devèlopment of CHP. by sharin8 thÈbr spetial skills, entr￿ and wisdom. We would not have achieved so much withoijt ihem, $0 I would like tts say a hugE thank you to boih of thern. Fortunately Nancy agreed to continue her role as pitturÈ editor on the website group and Stephen has remained In the background offerlngtechnlcal support and advice when needed, as we get to Brlp5 wlth the baff1in8 back 9nd of the websitel Thi5 has been much appreclated. l am also huRely grateful to our assoclates, KeSth Jeram and Paul Gibb5, who have Stepped up to take on Stephen's technlcal role, and Hattle who has added her inviluzble ski115 and experience to the website team. We also sa5d farewell to Bratken JellÈr, who h•$ done Jn ama2Ing job over the last two years rnana8Sne our social medSa, contrlbutingto our web&te and generally ralslng the online profile of CHP. Thank you. New iecrults With our Members depleted, we started 2024 wlth a recruitmeni eornpaien whlth ftsrtuitously delivered three excellent new people lo ourteam. Vanessa MacDonald, wFio hasloined as an assodate, has already proved her worth at the Boniface Bash. Sarah Fryett has lolned the board as well as the website team. and has stepped skillfully into 8racken'5 shoe5 a5 our Social media manè8er. Flnally, Linda Wlllthmson will join us 8$ 8n assotiate in September. SurnrnerArts Festl¥al A5 a result of all th55 8Ctlvity we flnlshed our flnanclal year In a heakhier posltlon than ever. We had also clinched fundingfor our third summer programme, whith thi5 year ha5 been expanded Into a full scale Summer Arts Festlval- with workshops. film, music and theatre e¥Ènts acr055 three venues and, crucially, a blg8er ouireach programme taklng workshops to variou5 communitY8r¢ups. Tickets are already sellin8 well. Thanks a8ain must 80 to Patsy for not only encouraging us to go ahead with this more ambitious pro8ramme. but for yet a$ain securingthe funds and toordinatin8 the people and the kit to make It 811 happen. Thank yous There 4re many other people I'd like to thank for keepin8 the Crediton He4rt beating. Ovr funders, notably Crediton Town Council, who have reliably sUPPOrted the web51te every year, as well as Devon County Council. Mld Devon District Councll and the National Lottery for svpportin8 our upcomin8 Summer Festival. Also a massive thank you to CODS for boostin6 our fund5 Vèt furthÈr bychoosin8 us as one of their supported tharrties. Finally, I'd like to con8f£tulate all our wonderful trustep5who have risen to the challenge thi5 vear ol an expanded, busier and rYK)re ambititsus Heart Projert. Rosemary Stephenwn Chalr of Trustees Juty 2024 The Crediton Heart Project Independellt examlner'5 rewt to the member5 of The CredltoTr Heart Project I report to the vustee5 on my exarninatlm of the accounts of the above charity fw the period ended 31. March 2024. Re5ponslbllltle5 and ba515 gf repgrt A5 the chanty'5 trustee5, you are responsible for the preparation of the account5 in accordance th the rewirerrent5 of the Charitie5 Act 2011 I'the Act-l. I rep(rt in respect of my examination of the Trust's account5 carried wt under Section 145 of thè 2011 Act and In carrylng out my examlnat1on, I have followed all the appllcabie Dlrecttons glven by the Charity Commission undw 5ectlon 14515llbl of the Act. kndÈptnd*rt éxamlner's statemert In connectlon wlth my examlnation. no rnatter has crme to rny att￿tIon. al to whlch qlves fne cause to belleve that, In any tnaterlal [￿peCt, the general requfjret￿nts to keep accountlng record5 In accordance UK accountlng prtnclple5 have [￿l been Met bl towhlch, In my oplnlon, attenrfon sh￿Id be drawn In order to enable a proper unders¢andln8 Qf the accounts to be reached Mr N B15hop Smarter Account1ng 138 Hlgh Street Credlton EX17 3DX THE CREDITON HEART PROJECT ststement of Flnandal Actlvitle5 For the Year Ended 31 Mjrch 2024 1024 2023 Inccffjlny rwow¢ Dc￿allonS Web51te Income Glfl Ald Spwsor5hlp Summer Ev￿1 Overhead Transfers TMI Team Transler Crediton Flas PtQsect 1.750 41 270 1,184 10,914 9.019 1,120 3,911 1.000 Total Incoming resource5 16,909 14,570 Resources expendwd Dlrect chariLa￿e exwndlture.. The CreditDn Heart prolect Opera￿ThI expendiwre t3.926 15.4)6 Total resoU￿e5 expended 13.926 15,406 Net Int*)mlnW lotstWn8) restyjrcegfer the year 2.983 18361 Fund balance5 brought forward 4.058 4.894 Fund balances carrlpd forward £7,041 THE CREDrroN HEART PROJECT Balanc• Sheet A5 at 31 March 2024 2024 2023 Current •ss•ts DeDtDrs Bank Current I£¢￿￿t$ Cash in hand 7,091 4.390 7,391 4.39Q Less.. currert Nabllltles 350 332 Net current assets 7,041 4.058 Total assets less current 114blllt1•5 Funds G*)èral 7,041 4,058 Toial fundj £7,041 The finarKial 5tatementswtfe approv•d by the Tmstee5 on lo their behalf by.. 2*1* and 5iwed D•nn15 I•Ardon THE CREDITON HEART PROJECT Incorne & Expendlture Account As at 31 March 2024 2024 2023 Income Donatlons OB 41 Gift Aid wthiie Spmsorshlp Summer Event (lrferhead Tran51ers To¥¥n Team Transfer Credltw Flag Prolect 270 1.750 1.184 10.984 9,Of9 1,120 3,911 t,c¥Jo Total IncDme 10,909 14,570 EX￿ndIt￿re Surnmer Ev￿t 9,019 10.984 9.019 10.984.C4) Othpr opertstlns costs hleetlng Expenses Insurance Webs1te Managem￿t Social Medla Computer Software ACcounta￿(Y Advert15iw & ￿arketIng 30 210 2.473 1.800 226 168 198 1.301 Z,400 251 131 4,907 4.421 Total expenthtwe 13,926 19.405 SUrplu￿10eff£ltI for the year 2,982 .836