Honiton Community Spaces (CUB) ICharitBblo In¢orporatod Oryanl$atlonl ANNUAL REPORTS AND FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Charlty Reg18tratlon Numbar: 1192604 Simon A Martin Ac¢ountantB Wessex House, 66 Hlgh Street Honiton D8von EX14 1P0
Honiton Communlty Spaces (CUB} (Charitable InrPorntsd Oryanlsatlonl For the Ygar Ended 31 Docember 2024 Content• L•gal and Admlnlstr8tN8 Infonration Pag8 3 Report ol thtsTru5tue P*s4t05 siatem?nt of Finunryal Activ8• Pag• 6 8al8nce Sh••t Page 7 No¢•• to th• Fin4neial Ststem•nt• Page88to13 Ind•pond•nt Ex4mln•r8 Report Page 14
Honiton CommunSty Spacès (CU8) ICharrtabl• Incorpor•t•¢J Organi8atlonl For Ihe year ondod 310ocomb•r 2024 Log1 and Admlnlstratlve Infomiatlon REFERENCE AND ADMINISTRATIVE INFORMAn014 Charty r•gSsir•Uon numb 1192804 O•t• of R•gl•tr1on 1$1 Oe¢emLr 2020 8t•rt of FIMnclBI Yv•r Ill January 2024 End of Fln•nGl•l Y••r 31$1 Decernber 2024 Prlnclwl •ddr858 Scool Lène HonOn D8¥on EX14 law TnJ•t••• Mik• Jone¥ Karen Plil Chn$ Doran Mirlam Thom8$ Stephen KolÈk Tom Hedger Ind•p•nd•nt 9XIn•rJ Slmcffl A Martln Accounlanls Wei8•x Houm, 88 Hlgh Slml Honbion Devon EX14 1PD L•yl 3tabJ• Chadtatle Inrp¢t• c¥g•nl••lon Oov•rnln4 In•tNm•rt CIO- FoundatJn ReBl8t•rnd 1st Docember2020
Honiton Community Spaces (Charble InCoorated Organi8ationl For tho yoar ondgd 31 Dgcember 2024 Trustees. Report COMMUNITY USE BUILDING HONITON- ANNUAL REVIEW 2024 Rèport compll•d July ZQZ5 Folowng rnalor Improvemerns In 2023 and a flood In18te August that closed th8 bulldlThJ for BeV8ral w8eB, we 8nl8red 2024 hoplng tof a mOf8 gtsble year. All r8gu18r groups ietumed. Ihpugh we lost p couple. which were quickty repl8ced ty otheTv8luaNe ccrfnwunily grows. A key focus this year w88 fire Aafeiy. Ourfng Ihe February h81f-lerm, we began WO lo create a fire el from ihe kitchen hall on the lower kvel. After extensive research and coordln8Uon %th threè contractQF5. we installod 8 8tainleg8 8teel and composite deckiry ramp leadlng from Ihe kltch2n hall Ihfough the compouThY 10 the cai partt. Th15 project w88 completed In eerty 5umrner wnd approved by an Independent fire safety examinw, givlng the kitchen hall two a¢ce59ible fire e8c&pes. Wilh thi6. trustees lett Ihe builthng was now 8$ 68fe 8$ posslble. Group ictiwlie5 ran smootfrty. and we received many new en4ulrles from Individuals comrnunily groups Howe¥er. like many others locally, we 8ltU9gled lo recrull Wolunleers and new IIusle85. FundTalsing continued for non-urgÈnl bul helpfLll prolecl8. Ihough compeliiion for fvnding IncreasEd. We suGce%&fulty ralsed enough io upgrad8 OUI outoaled Intruder alarm ¥y3lern &dded 2417136S movAloring for fire and inirusion alerts. We 815D allEmpled to fund a fenoyalion of the bulldlry's delerlpraling fronl 8$pecl %ilh modern pla5Uc d4Udlng. Desplle strong IDGal support, r81sed mly £2,500 Df Ihe £18.DOD needed. In8ie8d, we stsbill8ed •nd repalnled th2 dectyed areas, signlflcanlly Improving Ihe bulldlng's Iraet view. Our manager conbnued oulreach work wilh local group$ induding the library, addllion81 need8 charities, and commwity legder¥, Sadty. our trE&&urer slepped down due lo famity ilnesB, 8ThJ v18 had lo share Ihelr iJulb$ unlw B replacement wo$ found In MarchlApril 2025. DeSpe full modèrrt8811on lop-dass J•fety 8yBlems. the old bulldlng stlll PTesenled occoiional le8k8 and eleclncal f8uft8. ThankJlty. o truiled locjl CDnlracior5 responded quickty ond effeclively, and we're gr•lelul lor Iholr dedICa. We reinforced bound8ry lenrinll. Improved g8rd8n LgThJ8caplng, and welcomed The Outdoors Group rfoGI, o profes31onal fore&lry school based in Credilon. They secured a fi¥eeir ¢onir8cl lo over rurol end forestry skllls lo the local commuryly from our compound and woodland. After thre2 year8. w• 8110 renovated ihe fronl offitt, previou•ty uiad for sloraye. 11 now Sorvos as a meellng and qtI work8p•¢8 for tru•loe• and groups and h81 &1$0 bBcome a v41uaNe counselllng space for leG&S Ilke lamlly support. An Indepen¢Jenl flre safety Snspecllon prnl8ed our efforts. wrtih only mhor recornm8ndalon¥ le.g.. rnovlng • w•sle bin, addng llgnpgel. We •re now Ilcensed for up lo 14D people In the bJlldlng al onwxce8dln9 ¢xpect•lion•. A8 the year ended. we prepared the bulldlng lor Operatlon Rudolf, %thlch supports loc re8ldents dung th6 fasl¥e Bea8 wmh gfft8, rn8818. and 8 Chn81mas Oay calebr*don. Thi$ w8$ their second yearvlth u8, and Iru81ees agreed lo oifer the space free ol charge. with a srn811 dDn41ion exp¢cled lo help wilh rislng energy Goiis-jn •re• we alm lo irnprovo In 2026, In $umrn•ry, 2024 wa¥ anoihw busy but Suc5¥11 ye•r. Mlka Jone$, Ch8ir- 2210712025
Honlton Community Spaces (Chable InCOorated Oryan18ationl For the year gndgd 31 December 2024 Trustees, Report {Continuodl ThE Iru5tees are responsible for preparfng Ihe TnJ$iees' Rep(Yt and Iht financlal stslemefi15 in accordance vAlh applicab Law and tt)e Generaly Accepted ACCWntlng Prindples IGMPI, Including Fln8nc181 Reportlng Slandaid 102." The Financial R8POrtITVJ Standard 102.. The Flnanclal Reportino Standard appliCae in the UK and Republic of Ireland (United Kingdom General Attepled Accountiry Praclicel. The char18Act 2011 requlre ihe Iru8tee5 to prepare flnandbl 51alemen18 for 8&ch Inandal year, glve 8 INe aThJ falr wiew of the state of 8ff8tr1 of the CIO of Ihe surplug or defirji ol Ihe CIO for IhHt period. In preparing Ihose finanu8151atemenl the Irustee5 are required lo.. S8kEt gccounllng polIcts and Ihem conglslenity, Observ2 Ihe melh¢d$ ènd principles in the Ch8ritse8 SORP. hA•ke ludgoments and e811mate$ that are maionabk and pwdent.. Stale v4hethw oppllc8ble UK Accounllng Stand8rd8 have bEen fDII(Awed. Bublect to Ony mBlertil dep8rture8 dlsdosed ond explBired In the nancial st8lement', Prepare Flnanclal Statement Dn the qoing concem ba815 unleBi It Is Inapprowate to pmume Ih8t Ihe CIO wll continue in ex4$lan. The IFu8lee8 8r• mspon8lbkry for keeplng 8uffidenl accounting record• Ihol dl8tlo8e th re8s¢naNe iecvr•ty ai any lime the fin8nei81 posltlon Of the chgrlty and en&ble them lo en$ufe Ih)I the finanty41518lemenls comFty charle8 Act 2011. the Charity (Accoun18 and Report¥l Regulath)n$ 20D8 and the proviwm of the Go¥err4ng Docutn£nl. They are also responsib lor saleguardkng the aB8el8 of Iho chBnly 8nd ben for laklng reasonab sL9p$ forth• prevenllon and d8lecUon of fraud and other Irregularle&. Approved by the Tru5t885 on.. 8ign8d on their h&If by Trustvo. Printed Name.. l<frfL£ffJ f I rr
Honlton Communlty Space8 Icharltable In¢oTrornted Ory•nl••tlonl For the year onded 31 Dgcembor 2024 Statement of Flnanclal Actlvlties Not4¥ Uweslricted F Re51ncted FurKI$ TOTAL 2024 TOTAL 2023 INCOMING RE50UR¢ES Incomln9 R880urcttfrom Gen¢r•ted Fund• Grants recelved 73.389 73,389 91,420 AtIO$ for Goner8bw Fwds 3b 35.706 35,706 33,999 In¥o8lment Inccrfne 182 182 218 0th8r In¢thiirva Re•wrce8 26,223 TOTAL INCOIAING RESOURCES 35,1$8 73,38• 109,257 1J1,860 RESOURCE3 EXPENDED Costs of G•n•raUng Fund• Costl of Ch8rltable ACe• 73,331 75,331 162,431 Go¥wnAnce Coi 8.140 8.140 7,132 TOTAL RE8OURGE8 EXPENDED 03,471 73,J89 83,471 169,863 NET INCOMIPIO IOUTOOINGI RE8OURCE8 47,e03 47,e03 7.704 21.893 Fund& Brought FcfiYArd 14.189 14.189 TOTAL FUNDS CARRIED FORWARD 33,414 7a.289 3•,•70 14189 Mo¥emot)ts on all reJvrwJs and al 18cogni&8d 98lns Bnd lossej are shown 8boYe. AJI olthe organl8illon'& opeIl0n8 arn da8Jed 88 ¢tInUIng. The notes m PDges B to 13 fom pfirt oflhE¥e finJnGIDI 5tatement8.
Honiton Communlty Space8 Icharltsblo In¢orporated organ1849) For tho y•ar onded 31 Docomber 2024 Balance Shoet Unreslncled Funds Re%lricted Furxss TOTAL 2024 TOTAL 2023 Flxod As8 Tanglble A55el$ Adivit*s for GeneratiNJ Fund¥ Totsl Flxod currnnt A88Ot8 Debtafs & Prepawnenls Cash al Bank and In Hand Tot•1 ¢urr•nt AM•ts 4.110 11.063 16,173 13.594 13,594 28.3B1 26,381 39,975 CMdllOV•.' kn¢unts fblllng due %Mihin cffje NeT CURRENT ASSET8 13,694 26,381 39.975 14,189 TOTAL A88ETS1g8$ cuvrenl liabiliUe4 13,594 Z8,381 3•.975 14,109 Crydhorn.. Amounts fplllng due In rnore than one year. 10 NeT ASSErJ Fundi of th• General Funds Reslrictod 14,189 Totil Funds 189 Approved by th• Tw6tees on.. 291101102 Signed Dn their behalf by Tru8t8e'. Printed Namè.. &era PITT
Honlton Communlty Spaces Ichorttablg In¢orporat8d organ1$aOnI For the year •Thd•d 31 Docember 2024 Notas to the Financial Ststoments 1. ACCOUNTING POLIGIES Basis ol Pr•p•ratlon & A5se¥srn•n¢ gf Qolng Conc•rn Bas1¥ ol Prep•rnUoTh The financi81 stalemenlg have been prepared under the hi5todral cost ¢onwention v411h Items recogni%d 81 co¥1 or value urik$s Otr1)e 518ted In the leVt nolelsl lo Ihese accounts. The flnanclBI 51alernEn15 have been prepared in arcordance wlh the 51alernent of Recomrnended Pr8cllc8. Accounting and Reportin9 by Charllles ISORP 20151 (Second Edillon, effe 1s1 January 20191, the Flnandal Repoiting standard applicable in th8 UK and Republlc of Ireland IFRS1021 and ChanlE8 Act 2011. The Ch8rtly meets the defiThllon of 8 ptsblic benefit enuiy under FRS102, se15 8nd liabllitle¥ Ne initKglly recognised pl hlstorlc41 ¢a$t unless olhew8e $laied In the relevant accounllng policy noles. As•o88m•nt of QDlnB Conc•Fn Preparallm of the accoun18 k8 on a golng ctsntam b•$li. Th• InJsiee• eonslder Ihal thore iro ryo maledil uncertalnues about Iho Ch•rfty'• ablllly lo Incomlng Ra•our¢•• Th¢$e aro included In the Slalemenl ol Finand81 AcllvllKe8 ISOFAI wth¢n'. IhE charity enliued lo the resources,. the Iruslee8 8r8 vlrtually Gertain Ihoy w41 rocelve the resourc88,' And ' the mon•iary vaue tan be meatswed Bufflcienl reliobilty Where incoming r•Jource8 hov• related txpendiiwe lo$ Wth fdrIllInll cf contract incomol ihe incornlng resourco Jnd relaled expendRure are Grants ènd Donations Bre onty IJded In the SOFA When the charity hfis uncondlllonsl enllllernenl to Ihe resourc. Incomlng Sourtes from lax redaim5 •r6 5rKJded in Ihe SOFA al the iamé tlm¢ as the glft to [ch they relale. Th18 18 only Included in Iht SOFA tsnrE Ihe ielaled goodi oi senAce8 ho8 been dellvered. Gifts in kind 8re accounted fDr 818 reasonablg esllmale of thelr vBlue lo Ihe ch•rity or the #mounl actuilly reallued. Glft¥ In kind for OT dl$iilbullon gr? Inrjvjed In Ihe oGGounts o¥ glfls orty when Bold rdiitribLrted by the charty. Grfis In kind fDr uJ2 bythe charily Bre induded In the SOFA aa Incoming resources when reGvable. The%e are only Included in Incomlng resour$ {th an equlvalenl 8rnount In resources expended) where Ihe benefit lo the ch811ty15 reasonable quanbfiable. mea8uiae and matedal. The value pl)d on these re¥ources 15 the estimated vAlue to the charily of the yervice orfaol'ty recthved. olunte r Hèl The value of any ¥c4unt8ry help receed i¥ not lded in the accounti. This Is Included in the 8ccount¥ when receivable. Th15 IndLhJed any gain or loss the sale Df inve51menl8 and any gain or10s5 resthuny from revalulng invesimeN$ 10 markel walue al the end orthe Liabiltles are recognSsed as soon as Ire 1$ a legal or COl¢t1¥e Obliga0 wmmlitiro th8 tharity to pay r880ur(*8.
Honiton Community Spaces (Charitable InCOor11ed Organi8ationl For tho year endod 31 December 2024 Notes to the Flnancial Stat•ments Icontinuodl 1. ACCOUNTING POLICIES Icontlnu•dl Exp•ndltyT• •nd Ll•bilitl Govomancu Costs Include costs Of the preparalion and examSnaik)n Df A181ulory atcounts. Ihe costs ol ltte trustees ffloelng$ and cost of any gaI ad¢ lo Iru8t•e5 on govemance or cons1iiuDal malters. wlth P•rfoimwfic• Condhbon• Where the charity gives a grant wilh conditions for ils payment belng a 6PEcific level of 5etvlce ar oulput lo b2 WDvkled. $u¢h grants are Dn recognised In lh8 SOFA on¢a Ihe redpleni Df Ihe gi8nl ha8 provlded the spedfied 6èr¥lce or ourpui. P 8bl• wllhou Pèrlovrn Con These art orfy iecognised in Ihe accounts a commllmenl hal bBen rnode and IhEre arn nol coTrJ511on6 lo be met rel•tkng lo o gronl whlch remaln In control ol the ch8rlly. Investmen18 quoted on 8 r8GQ9ni8ed ototh 8xchan98 arn valued al m8rfEel Yalue ai the 81nO. Oher inve•thent wtet5 are kndudBd al tTViItts' besl e8lim8le of maikel ¥alL. trlctod fun These funds can be usod lor the general obledv¢• of Ihe eh•rky let out In tho twBle85 r8PCrt. The movement8 ol Ihe unre8lrtcted fundB are glvgn In ih¢ St•t¢m•nt of Fln4n¢lil Advld85. These funds are where thè donor h•$ 4 PwpO fortho donallon made. fhe&e r88lrfctbn8 often arf88 88 a result of app881s for 8pedal Dfforlng$ for 6pedflc puTpOl. Th8 fvndi ore fiJTrJs 1 asldo by lh8 truBle8$ Qut ofunr•styi¢tsd g•noril funds for partlwlar puFpo4eB or prolecls. Flxed As8ei8 af8 caO118ed can bo used lor fflore than one year jnd ¢o•l 41 leo$l £1.600. Thw •r¢ valued ol ¢osl Qr, If gw. al Vu* I the charity on rec•lpt. Depreclaiion18 Galculaled ai a r8le lo I41e ofl the cost ol langlble fixed assets over thelr èyllmated uJEful Ilvts. The fate8 opplled gre ès folltsm. FixLure8. Fllllngs ènd Equiprntrnt 25%- Reduclng Balance Basi$ 2. TANGIBLE FIXED ASSETS The CIO hekl nD fixed 8sset5 durlng Ihl• or the prevlous flnanrial PEriOd. The 8nnual eommitrnents under non-cancelllng operallng lIe# •nd pital cornmitrnents are follows.. 3181 Decembèr 2024.. Non 31st December 2023". Nane
Honiton Communiiy Spaces ICharitsbl• Incorporated ory8nl8aOnI For the year endod 31 December 2024 Notes to the Financial Ststoments Icontinuod) J. INCOMING RESOURCES Unr8sldcted Fund Reslrictgd Funds TOTAL 2024 TOTAL 2023 al OonatlonN Grants & L•g•¢i¢• G1ft8 & Donatlong 1,983 421 Grants received 71,408 90.998 73,389 91.420 bl Acllvlum lol Q•n•raUng Ftsn Pr•ffl18O8 Hlre 35.706 35,708 33.999 35,705 73,389 38.706 33,999 cl Invutm•nt Incom• IntU05t 1S2 162 218 182 73.389 162 218 dl Oth•i Incomlnu R••ourc•• In$urance Income Refunds Sundry Incomo 21,268 3,126 1.629 73,319 26,223
Honlton Community Spaces ICharWAble Incorporatod Oryanlsatlonl For the year •nd•d 31 Decembor 2024 Not8s to th• Financial Slatements (continued) 4, RESOURGES EXPENDED Nolto RasMct8d Fund8 TOTAL 2024 TOTAL 2023 Fd8 •) Coat of Charii•bt• Aedvlu Bank Gh8r4e8 c&1ng Cts Équlpmenl Costs Health & SAfelyCosts Insuranre Co814 Offlce C0615 Renl & Rale RepalT8 & Malnlenance 518ff Colts Sundry Lxpense8 Travel & Subsislenc Cwts 15 2,228 1,74Q eo 2.228 1.740 3.905 1.668 1.668 $84 106 41.183 22.718 17D loo 4.839 932 255 345 1 t8.949 20,620 883 106 41,163 22,718 170 100 4,839 6,428 75,331 76,331 151431 bl Go¥•m•nu Co•t8 Ind8pendenl Exornlnvr¥ Fo•1 Legal & Profolon91 Fe 900 6,172 8.140 8.140 8.140 B,140 7,132
Honlton Community Spaces IGharh•blo Incorporatsd Org•nisationl For the yoar ended 31 December 2024 Notes to th• Financial Statements {continuedl 5. RESTRICTED FUNDS Tho CIO he rnstrithd fund5 at the year •nd of £26.381 whith is unspent grant money. 8. INVESTMENTS The CIO held no fixwl a6S6t Inv•stm8nts during this or the previou$ financial period. 7. CASH AT BANK AND IN HAND UnreslrteAed Fund8 R*$lri¢ied Fund& TOTAL 2024 TOTAL 2023 Cq8h al Bank & in Hand 13,$94 26,381 30,975 11,063 13,594 28.J81 39,975 11.QB3 . DEBTORS AND PREPAYMENTS Unre8M(aed Fundj Raslrfcted Funds TOTAL 2024 TOTAL 202) Sundry Debtor• 4,110 4.110 9. CREDITORS: AMOUNTS FALLING DUE WH1N ONE YEAR Unr8slrfct8d Fundi R•s¢ted Funds TOTAL 2024 TOTAL 2013 Sundry Crethlot5 Ind¥pend¥nl ExamSMrn Fee$ 35 98 960 10. CREDITORS: AMOUNTS FALUNG OUE IN MORE THAN 014E YEAR The CIO held no low term liabilities thjrlng INJ LY the previou$ financlal podod. 11. ASSETS BEfwEEN FUNDS Unrestrlded Fund$ RÈskndEd Funds TOTAL 2024 TOTAL 2023 Fixed A88el Inveslmenl$ Nel Current Asset¥ Long TetTll UabiliiE$ 13.594 20.381 39.975 14,189 13,594 ,381 39,975 14189
Honlton Community Spac8S ICharrt•ble Incorporated Organi8ationl For the year ended 310•camb•r 2024 Notes to tho Financial Statements (continued) 11 STAFF COSTS AND NUMBERS TOTAL TOTAL 2024 2023 Gross Wages, Sal?rie5 & Fees Ernployef5 N8tlonal Insurance Co$t8 Penslon Cmlnbulions 22,718 20.820 22,718 20,SZO Employ¢es who were eng4god In each of th• following ?¢livrtie$'. TOTAL 2024 TOTAL 2023 Charitable Aclivitiej The Charity ernployB members of Stsff on a Self-EmpIoent Basis under a Contact for SeryiceJ andls Ih8T•fore not Ilablo for tho National Insurance and Pension Costs. No employees recelved ernoluments tn exe•s8 01 £60,000. 13. TRUSTEES AND OTHER RELATED PARTIES During the flnancl81 penod, C14re Jon85 ISpou8e to Trustee Mithg¢I Jon81 recelved £22,718 under • Contr•ct for se1vic undertaking th¢ deaning aTrJ maintenon¢e lor Honiton Community Space8 (CU81 in furtheronce of the ChArity'$ objects. All conflicts of inter88t hova been Id8ntrfi8d. documented gnd man9g•d in 8ccordanc• with the Charill$ Govemin9 Do¢um•nt. No other payments wer• rnade to trust888 or any person$ ¢onn•cted with thBm during this fIn4nal pthod, No other m•t•rial IranB•don ¢ook pla¢¢ boty¥een th• organijation 4nd a tru6t88 or any pornon GonneGIBd wrth Ihom. 14. RISK A88ESSMENT The Trustees 8cl1lY raeW the mhlar rfyk¥ whlch the cwlty fac8& on 8 regul&r bA818 8nd bdleve Ih81 malnl8bnY lh8 Iree re8erve8 813t8d, comblned wilh the 8Mu31 re¥iew of ihe controls over key fin4nial systems cairled out on an annual b851$ will prov# sufficient resource8 In the event of adver*e ndiliony. Th2 Tru51ee8 havo s0 examined olher gperatson&l and bu51ne85 risks which they lace and confiim thal they hawe e81abllshed syBlem5 10 miligaie the $ignlficant rlsk8, 15. RESERVES POLICY The TnJslee5 have con6lderEd Ihe le1 of re5eFves IhEy wsh lo relaln, appropdale lo the CIO'S needs. Th1$ Is based on the CIO'S size and the level of financi81 commilmonts help. The Tm81ee5 aim lo ensure the CIO wll be able to conllnue lo I11 tts rJ)81tt8ble oblectlves even rfthere Is 8 temporary shortf1 in incorne or unexpected expenditure. The Trustees will endeavour not lo set ashle funds unneces%81Y. 16. PUBLIC BENEF ThE CIO sCkned9eS its requirement to d8mon$tral8 dearly that N mu51 havE Gharitsble pury>058s or'aims. thal ale for the publis benefil. Detalls of ow Ihe CIO has achleved thi$ are prowded n the Trustee5 r8POrt. Th8 TFu8teÈs confirm Ihal they hève repad due ward to the Chartty CornmL8slon guidan w public benefit betore dttlding that al¥ll1e8 Ihe CIO shoLld undertake.
Honiton Communlty Spaces IGharlt#ble In¢orpor•ted Organlsatlonl For the year ended 31 Decembgr 2024 Independont Examinar's Roport on the Account Report to the tw8le8slmemLYrs of Honitor5 Communty Spgces ICUBI on the accounts for the year ended 31st December 24 set out Dn page8 4 to Ro•pgctlv• rn5pOltsllle• oltrust••s and •xwftlnor The Charlll5 trustees 8re re6ponslble for the prepar8On of the accountx. Th8 Cha11 lftjBte8s con8lder thai Hn audllls not requlred lor this yeaf under $ectton 144 of the ch9rlls Act 2011 (the Ch8ri18 Act) and thai an Independent eX8MltIon lo needed. It Is my responslblltty lo.. ex8min& lh& atcounls under8ectlw 145 ofihe chan11 Act, fDllow ihe Procedures lald In Ihe general dSrecUon8 gl¥en ty Ihe Charlty Comml#Èlon (under sedon 145(5llbl of Ih& Chadles Acl, and . stsle wtElhBr parbcular mallers have come to my aitentson Ils of IndepMd•nt Eumln•f• Stt•rn•nt My examlnollon wo8 carried out In a¢¢ordan¢e vAlh gener81 Oirecllon8 given by the Charty Commlsslon. kn exomlngtlon inrJude8 a re¥l•w of the 4ccwnting cordS kept by the ch8rity and 8 cornporison of tho accounls yesenled th Ih)8e record8. 11 also Sncludes con8lderaliM of any unusual itsm$ or dl¥do$ur88 In the accoun18 and 88eklng eXplanAon& from Ihe trustee¥ concernlng any yuch m•tter5. The procedures undertke do not provide al the evld2nw Ihal would be requlred In an 8udil and conseqwThlly no opinlon 16 given 1$ lo •heller the a¢¢ounl$ prejenl 4'lrue and fllrf v 4nd the report Is limlled to those rnaiiers set out in the 6latem•nt below. 8aBl• of Ind•p•nd•ni Ex•mlnrf• St•t•m•nt In connection vllh my ¢x8mln8llon, no m•tter his coTh lo my 8tienUon'. 1. Whlth gives me re8gonab cBuie lo believe Ihal In any malenal respecl. the requlrernenli.. - lo keep accounllrrfJ records in accordance &acUon 130 of the Charftl88 Act. and . tv propare account8 fiich accord ¥Yblh the a¢countlng recordj 4nd cornply %Mth the accounllng requirements ol he Chadlles Act hove noi ty88n m¢t,' or 2. To whlch. In my oplnlon, altenllon $hwld order to en8bl8 a proper und•rslandlng ol th¢ ac¢out)ts lo be reathed. MrD 8•rr Slmon A Martln Atcounthn W888ex Houvè. 66 Hlgh StrE•t Honlton O•von ex14 1PD L9liolLS