Trustees, Annual Report for The Lambourn Wellbeing Centre Lainbourii WÉ,Ilbein Centre Start date: End date: 01/01/2024 31/1212024 Charity name: The Lambourn Wellbelng Centre Charity registration number: 1197609 Charity5 prlnclpal address: 5 Newbury Road, Lambourn, Berkshire, RG17 7LL Or8anisation type: Charitable Incorporatsd Organisation Charlty trustses: Name Jerry Peter Spary Richard James Tunley Richard Hickling Blackwell Karl Anthony Hlllsdon-Fisher Jonathan Atkinson Role Chalr Trustee Trustee Trustee Trustée Date of appointment 21 January 2022 21 January 2022 21 January 2022 21 January 2022 21January 2022 Structure, Governance and Management The charity is rnanaged by a group of trustees. The names of the trustees are set out above. The governing document of the charity is its Constitution adopted at a meeting held in January 2022. Amongst other things, the Constitution provides for the appointment and election of trustee members. Objectives and Activities Summary of the purposes of the charity To promote for the benefit of the Inhabitants of Lambourn and the surroundin8 area the provislon of facilities for recreation or other leisure time occupation of individuals who have need of such facillties by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of Social welfare and wlth the object of improving the condition of life of the said inhabitants. Summary of activities In our third year of activity, we continued to build on the strong relationships established within the local community. We have been working with local community interest groups to look at how the charities time and finances Could be used for the greatest good in the comlng years. Several projects are being developed such as funding equipment for local leisure activities arKI ereating community outdoors spaces in the local woodland. Our commitment to growth and community engagement remalns a5 Strong as ever, and we are ex¢lted about the opportunfcies ahead in the comin8 year How our artivitles have delivered public beneflt In allgnment with the guidance issued bythe charitycommission, the trustees have redirected fforts towards using funds to help develop projects that effectively serve the community. Throughout the year, the trustees met regularly to evaluate the available resources and disCUSS local initiatives to maximize the charity's public benefit, ensuring that the or8anization remains focused on fulfilling its mission and making a posltive community impact. Contribution made by Trustees and volunteers The local comrnunity has been highly supportive of the charity and its aims but the timeline for the current projects have yet to require additional help from volunteers during 2024 The Trustees have been holdin8 regular meeting to discuss the major projects underway and any requests for assistance from the local community groups. Plans for 2025 We Identified two areas of interest that align wtth our mission of provldin8 community-focused initiatives and services. Throughout 2025 the trustees will be working with West Berkshire council and their leisure provider 'Everyone active, to uplift the equipment used by the local community and families. The charity also plans to work with a local landownerto transform an area of woodland to make it accessible for the wider community. Flnancial Review In 2024, the charity has been planning for future developments and strategically aligning with local groups. There has been no change in flnancial posltion compared to prevlous years, with positive balance of £72,484. Reserves policy The Trustees have agreed to maintain reserrffrs within the general fund at such a level as would enable it, in the event of a sudden loss of income, to cover ongoing direct expenses of runnln8 the charity for a period of about 3 months. Risk management The trustees have continued to work closely in planning actions that effectlvely manage costs and mitigate potential financlal risks. Although we have not received new donations this year, we have maintained a positive balance, allowing us to navigate the upcoming period wlth greater confidence. The strate8ic decisions made thls year have strengthened the charity's ability to respond to challenges and contlnue fulfilling its mission in the community. Statement of Financial Activities for the year ended 31 December 2024 Note Un-Restricted Restricted Total 2024 Funds Funds Total 2023 Incomlng resources Donations Unsecured Loans Total Income 2,000 Resources expended Web hosting Loan reimbursements conveyan￿ fees -304 -2,000 422 Grants Local donations Total expenditure -2,557 -5.283 Other Income Net Proceeds on sale of assets 76,931 Net surplus ldeflcit 73,648 Balance bftvd 72,484 72,484 -1,164 Total expenditure Balance -5,283 72,484 72,484 Note5 forming part of the Financial Statements for the year ended 31 December 2024 Web hosting c05t5 for 2024 postponed until 2025 Trustees, responsibilities for the financlal statements The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance wlth applicable law and regulations. The Charities Act 2011 requires the trustees to prepare financial statements for each financial year. The trustees have to prepare the financial statements in accordance with United Kingdom Generally A¢¢epted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unle$5 they are satisfied that they give a true and falr view of the situation of the charity and of the incoming resources and application of resources. including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them ￿nSiStentIV, observe the methods and principles in the Charities SORP. make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the ¢haritVs transactions and disclose with reasonable accuracy at any tlme the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence fortaking reasonable steps forthe prevention and detection of fraud and other irregularities. Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charitvs trustees Signature Full name Karl Hillsdon-fisher Position Trustee Date 25110125 Signature Full name Richard Tunley Position Trustee Date 31110/2025 CHARITY COMMISSION FOR ENGLAND AND WALES Tho Lambourn T•V•llb&lng Conlr• 1197609 Receipts and payment5 accounts CC16a Forthe period from Vilz4 To 3111212024 Section A Receipts and payments unres1￿Cted fund* R•XtrI¢t￿ fund# Endowment funds totho Marolt £ Total fund$ La%ty•ar totho nq•r4Xt É t01￿ rn4r••t £ A1 R•coi fmm Tlustee PB Sub total(Gmss income forAR) A2 As8Pt and Inv•stm•nt ￿10&, 2.0110 Sa￿ ofbu*J soclal c 76,931 Sub toeai 76,931 78,931 A3 m•nts %bh08tkn 2023- Expe￿# KF Irankll 8-Exponsg AJ ¢S)m4nfee2023&xpgr6e KF doM4nfÈè2023.Expe￿eKF wobhostlng 21Y22- Ex￿n￿* KF s￿￿rteSt anery￿- Ex enstr KF 00￿￿198 2022 0 Èn$e KF dorbwn fee 20V-Expense KF dtsM￿n 2021 - Expgn8e KF webho¥ting 2W21 . Ex ns• KF ewkjiw cleaiance Lam￿um￿l1b Loan frorn Trusta8 FO lamtNyJrn comrrnjntty Irrterest Company Chrtslrths Ipjhls Hunters SoMcEtots LLP LX)P 12034 13 13 2a7 663 12 -JA 110 418 Sub tofai 6.447 A4 As8•t and Inv•8tmont pur¢hagw Is•• tab￿) Sub to(ai 6,447 Netof r•celptrfpayments) AS Trnnst•rn betwwn fund• A6 Cash funds l•Jt yèarend Cash funds thls year •nd 72,484 72.484 72,484 72.484 72,484 72,484 CCXX R1 aox*unts ISS) 10129125 Section B Statement of assets and liabilities at the end of the period Unr•8trtcted Restr1￿•￿ fund8 funds to *￿r$s¢ £ Enttowment funds to w•st £ Cateryorie5 Details to n•ar•* £ B1 Cashfunds 8¢c 72,464 Total cash ft#xls 72.484 Unmtrtctod R•6trlct￿ fund8 lunds to nw88t £ Endowm•nt fund$ Dotairs ar•8t £ 82 Other monetary assets C(*t Iowiomli Curre#t valu Details B3 Inv￿lMent as8•t8 tow￿¢￿ *5¥ lo Current volu• DÈt B4 As$ttts rotalnfrd for the cPArky's ¢x¥n uso VuTrJto Ilotlllty relaie4 Details le4ionllll I￿Onall B5 Lktsllii•s 8￿Tr8d by ong or￿ts tru5te•s on b8haff ol all the tsuste85 S¥Jnaiura Pmt Name Date of aForov 2511012025 (XXX R2 ar£ount8 ISSI 10129126