Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Devon Rural Hub** ## **CHARITY FINANCIAL STATEMENTS** **For the period 23 July 2024 to 31 August 2025** Charity Registration Number: 1209262 Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Contents** Trustees Annual Report – Page 1 -2 Receipts and Payments – Page 3 Statement of Assets and Liabilities – Page 4 Notes to the accounts – Page 5 Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Trustees’ Annual Report** **Charity Name:** Devon Rural Hub **Charity Number:** 1209262 **Principal Address:** Amory Building, Cheriton Bishop, Exeter, EX6 6JH ## **Trustees** - John Albert Thomas Lee OBE DL - Elizabeth Frances Priest - Leslie John Heywood - Rosie Bennett ## **Structure, Governance and Management** The charity is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission on 23 July 2024. Trustees are appointed in accordance with the charity's constitution and are responsible for the overall governance and strategic direction of the charity. ## **Charitable Objectives** THE OBJECTS OF THE CIO (OBJECTS) ARE: (1) TO ADVANCE THE EDUCATION AND TRAINING OF YOUNG PEOPLE, IN PARTICULAR THOSE LIVING IN RURAL AREAS OF DEVON IN AGRICULTURE, HOMECRAFTS, COUNTRY LIFE AND RELATED SUBJECTS; (2) TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE, IN PARTICULAR THOSE LIVING IN RURAL AREAS OF DEVON, BY ASSISTING IN THE PROVISION OF: (A) SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES, SELF-RELIANCE AND INDIVIDUAL RESPONSIBILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS; AND (B) RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE. ## **Activities and Achievements** During the period the charity established its governance and operational arrangements and undertook activities in furtherance of its charitable objectives. Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Financial Review** The charity received donations of £2,545.00 during the period and incurred expenditure of £5,349.42, resulting in a net deficit of £2,804.42. The charity commenced operations with funds introduced by its founders of £24,281.80. At 31 August 2025, cash at bank amounted to £21,477.38 and the trustees are satisfied that the charity has sufficient resources to continue its activities in the foreseeable future. ## **Reserves Policy** The trustees aim to maintain sufficient unrestricted reserves to meet ongoing commitments and support future charitable activities. 22/06/2026 John Lee 22/06/2026 Les Heywood 22/06/2026 Elizabeth Priest **----- Start of picture text -----**
22/06/2026
Rosie Bennett
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Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Receipts and Payments Account** For the period 23 July 2024 to 31 August 2025 |Receipts
Donations received
Total Receipts
Payments
Legal and professional fees
Charitable donations
Bank charges
Total Payments
Summary
Total Receipts
Total Payments
**Net movement in funds**|**£**
2,545.00| |---|---| ||2,545.00
**£**
3,733.92
1,590.00
25.50| ||5,349.42
**£**
2,545.00
(5,349.42)| ||**(2,804.42)**| Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Statement of Assets and Liabilities** As at 31 August 2025 Monetary Assets Bank current account 21,477.38 **Total Monetary Assets 21,477.38** Other Assets: None Liabilities: None Docusign Envelope ID: F83C43A4-DEBB-8CE2-8020-24C0677ABF0D ## **Notes to the Accounts** ## **Note 1 – Basis of Preparation** These accounts have been prepared on the Receipts and Payments basis in accordance with Part 9 of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. These are the first accounts of the charity and cover the period from 23 July 2024 to 31 August 2025. ## **Note 2 – Introduction of Funds** During the period, unrestricted funds of £24,281.80 were introduced to the charity to support its establishment and charitable activities. ## **Note 3 – Trustee Remuneration and Expenses** No trustee received remuneration during the period. No trustee expenses were reimbursed during the period. ## **Note 4 – Related Party Transactions** During the period, the trustees transferred unrestricted funds of £24,281.80 to the charity. These funds represented monies previously held in the Vice-Patron account for the benefit of, and in anticipation of establishing, the charity. No amount was outstanding at the year end. Other than this transaction, there were no related party transactions requiring disclosure. ## **Note 5 – Restricted Funds** The charity held no restricted funds during the period. ## **Note 6 – Comparative Figures** No comparative figures are presented as these are the charity's first financial statements.