REGISTERED COMPANY NUMBER: CE035681 (England and Wales) REGISTERED CHARITY NUMBER.. Re ort of th• Trust••s and Unaudltod Flnanclal Statom•nts for the Perlod 24 March 2024 to 31 March 2025 for Exeter Pro ert Ball CIO RT Marke & Co Limited 5 Barnfield Crescent Exeter Devon EX1 1QT
Exeter Pro Ball CIO Contents of the Financial Statements for the Period 24 March 2024 to 31 March 2025 Paga Report of the Trustees Independent Examiner's Report ststement of Finan¢lal Activitie$ Balance Shegt Note¥ to the Flnanclal Statements S to 6 Detailed Ststement of Financial Activitles
Exeter Pro ert Ball CIO Re ort of the Trustees for Ihe Perlod 24 March 2024 to 31 March 2025 The trustees who are also directors ol the charity for the purposes of the Companies Act 2006, present their report with Ihe financial statements of tt)e charity for the period 24 March 2024 to 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Repon9 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. INCORPORATION Thè charitable company was Incorporaled on 24 March 2024. STRUCTVRE, GOVERNANCE AND MANAGEMENT Governing document The ¢harty is controlled by its governing document. a deed of trust. aThJ constilutes a limited company, limited by guarantee, as defined by the Companies Acl 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE035681 (England and Wale81 R•glst•red Charity number Reglst8Md offlc• Trusteés D G Kirk Chalr (appointèd 2S.3241 D T Cook lappointed 25.3.241 Mrs H Chivers Trustee lappoinled 25.3.241 T R Heal (appointed 25.3.241 S M James (appointed 25.3.24) Company Secretary Indepgndent Exawnlnor Ryan Lewis FCA Frost Chartered Accountants Riversdale Ashburton Road Toines TQ9 5JU 22 December 2025 Approved by order of the board of Iwstees on ............................................. and signed on its behalf by.. David Kirk Trustee
Inde endent Examiner's Re ort to the TTUStees of Exeter Pro ert Ball CIO Independent examinèrfs r8POrt to thè trustees of Exettr Propèrty Ball CIO {%he Company'l I report to the chaiity trus¢ee5 on my examination of the accounts of the Company for the period 24 March 2024 10 31 March 2025. Responslblllti•s and basls of report As the charity's trustees Of the Company land also ils directors for th¢ purpo*s of company lawl you are reSponsie for the preparation of Ihg 8¢¢ounls in accordance with the requirernents of the Companies Act 20061.the 2006 Act'l. HavSng salisfiod myseff that the accounts of the Company artr not require<l lo be audited under Part 16 of the 2006 Act and are eligib18 for independent examinabon. I report in respect of my exarninafy'on of your charity's accounis as caTried out under Section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examlnation I have followed the Dlrectk)ns givèn by the Charity Cornrnission under Section 145{51 Ibl ol th9 2011 Act. Indopèndent •x4mlnerf$ Statement I have eompleted rny ex8minatson. I confirm that rrj mattgrs have comè to my atteniion in connection with the examination givlng me Cause lo believe.. accounting records were not kept in resped of the Company a3 required by Seetion 386 of the 2006 Act,. or the a¢¢ounts do not accord wth those records- or the accounts do not cornply with th8 accounting requirements of Section 396 of the 2006 Act other than any requlrement that the accounts give a true and falr wew whleh Is not a rnatter considered as part of an independent examSnation', or the aecounts have not been prepared In accordan wlth the methods principles of the Statement of Recommended Pra¢tice ftrr ae¢ounUng and reporting by chariues (applicable to charities preparing thgir aocounls in accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no conTrrns and have Come across no othèr matters in connectlon with the examination lo Yrtiich attention Should be drawn in Ihis report in order to enable a proper understa1n9 of the accounts to be reached. yan Lews FCA The Institute of Chartered Accountants In England and Wales Frost Chartered Accountants RSversdale Ashburton Road Totnes Ta9 5JU 211.1.Ll.292¥.................. Date: .
Exeter Pro Ball CIO statement of Flnanclal Actlvltles for the Perlod 24 March 2024 to 31 March 2025 UnT8stricled fund Restricted fund Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 22.230 22,230 Other trading actiwtie5 192.976 192976 Total 215.206 215.206 EXPENDITURE ON Raising funds 119.343 119.343 Char5tablo actlvltl•$ Grants Payable 88.200 88.200 Total 207.543 207.543 NET INCOME 7,663 7,663 TOTAL FUNDS CARRIED FORWARD 7.663 7.663
Exoter Pro rt Ball CIO Balance Sheet 31 March 2025 Unrestricted fund Restricted fund Total funds Notes CURRENT ASSETS Cash at bank 7,663 7.663 NET CURRENT ASSETS 7,663 7.663 TOTAL ASSETS LESS CURRENT LIABILITIES 7.663 7.663 NET ASSETS 7.663 7,663 FUNDS Unrestricted funds 7,663 TOTAL FUNDS 7,663 The charitable company is entitted to exemption from audtt under Seotion 477 of the Ccnpanies Act 2006 for the perJd ended 31 March 2025. Th¥ members have not required the company lo obta1n an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 ofthe Companies Act 2006. Thg trusl¢¢s aCknedge their iesponsibilities for lal ensuring that the charitable wrnpany keeps accounting records that comply with Sections 386 and 387 of thè Companies Act 2006 and preparing financial statèrn8nts whi¢h give a true and tsir vW of the stste of affairs of tha eharitabla company as at the end of each financial year and of its surplus or deficit for each financial year In accordance th the requirements of Sections 394 and 395 and which Otherwis& ¢omply wth the requlrernents of the Companles Acl 2006 relatsng to financial statements, so far as applicable to the charitable company. Ibl These )Inancial statements have been prepared kn accordanca with tha provisions applicable lo charitable companies subject lo tha small companies regime. The finan¢ial stslemenls were approved by the Board of Trustees and auth0ri3ed for is3ue on 22.Qoo£rnbor.2Q2fj............ and were signed on its behalf by.. David Kirk Trustee
Exeter Pro grt Ball CIO Notes to the Financial Statements for the Period 24 March 2024 to 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial ststements The finaricial Statements of the charitable cornpany, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Ac¢ounfyng and R8porting by Charilies.. Statement of Recommendgd Practice applicable lo charities preparing their accounts in aceordance with the Financial Reporting Standard applicable in the UK and Rgpublic of Ireland IFRS 102118ffective 1 January 20191.. Financial R8portin9 Stand8rd 102 The Financial Reporbng Standard appli¢able in the UK arkd Republic ol Ireland, and the Companies Act 2006. The financial statements have been prepared under the hisloTi¢al cost nVenOn. Income All income is recognised in the Statement of Financlal ActNities once the charity has gntid9mènt to thè funds. it Is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are re¢ognised as expenditure as 800n as there is 8 legol or eonstructlve obllgation comrnitting ihe charity to that gxpéndilure. il Is probablg that a transfer of 9conomic bènaffts 11 be required in settlement and the amount of the obligation can be measured reliabty. Expenditure is accounted for on an accruals basis and has been Classified under headings th818ygreg81e all cost related to the eategory. Where o)sts cannot be directly attribu18d lo particular headings they have been allocated tts 8ctiwties on a basis consistent with the use of resources. Grants offered sublect to conditlons whieh have not been met at the year end date are noted as a commitment but not acctued as expenditu. Taxatlon The charity is exempt from corporation tax on its charitae activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives al the discretion of the trustees. Re51ricled funds can only be used for particular restricted purposes within the objects of the charty. Rest[onS arise wh*n SFe¢ified by the donor or when funds are raised for particular restrfeted purposes. Further explanation of the nature and purpose of each fund Is Included In the notes to the financial staternents. Hlre purchase and leasing e¢)mmitments Rentals paid under operating leases are charged to the Slatement of Financial ACtIv.e5 on a straight line basls over the period of the lease. OTHER TRADING ACTMTIES Auctions & fundraisiro events Win8 sales Sponsorships 171,942 16,534 4.500 192,976 NET INCOME1{EXPENDuREl Net Ineomellexpenditurel Is stated after charglw1lcredlngl'. HSre of plant and machlnery 11.317
Exeter Pro ert Ball CIO Notes ¢0 Ihe Financial Statements - continued for the Period 24 March 2024 to 31 March 2025 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the period end 31 March 2025. Trustses. expenses During the period. the lotsl trustee expense5 were £484'.44. These were incurred by the 5 Iruslee5 vthi18 carrying out their duties. These expenses related lo meals during Iruslee meetings and other incidental costs. No trustees recèivèd any rgmuneralion or other benefits from the charity during the year. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 Unrestrlctod funds General fund 7.663 7.663 TOTAL FUNDS 7.663 7.663 Net movement in funds, Sneluded In thè abov& 8rg 8$ fotlows-. Incoming resources Resources expended Movement in funds Unr•strieted funds General fund 215.206 1207.5431 7.663 TOTAL FUNDS 215.206 207,5431 7,663 RELATED PARTY DISCLOSURES During ihe period. Exeter Property Ball CIO engagèd the s8rvicÈs of RT Marke & Co Llmlted. an aeeountancy firm where David Kirk, one of the charity's truste8s and Chair, is èMpl0d. RT M8rke & Co Limited provided accwnung prepa¥aUon servlces to the charity durlng the peTlOd. The trustees consider this relationship to be a related party transactlon under Charity CommissiC guldance and have ensured that all transactions were conducted on an arm's length basis. The trustees have disdosed this relationship lo maintain transparency. No payments were made lo RT Marke & Co Limited for the period.
Exeter Pro rt Ball CIO Detalled Statemenl of Financial A¢tivitie$ for the Period 24 March 2024 to 31 March 2025 INCOME AND ENDOWMENTS Donations and legacles Donations Jay's Aim pledges 230 22,000 22.230 Other tradlng activltles Auctions & fundraising ev¢nts Wine salès Sponsorships 171.942 16,534 4,500 192.976 Totsl Incomlng re$our¢e¥ 215,206 EXPENDITURE Oth•r tradlng actlvltl•$ Bar services Wine costs Equipment hl Marquee & decoration Catering Entertainment Photography Securty Sundry Insuran¢9 Medical 2,689 7.877 11.317 43.559 33.554 15.380 424 414 2,501 554 1.074 119,343 Charltabla aetlvltl¢$ Grants to institLJtions 88,200 Total rgsourcos 0xed 207,543 Net Income 7.663