CHAIRMAN'S REPORT 2024 has been yet another busyyearl Here's a quick scamper through some of the highlights. We had a great Christmas, enjoyed by everyone and are looking forward to this year's. There have been many changes made to Ihe building. We had to remove the shed we had built as there was an issue with the land- a long siory which mosi ofyou know about. We add8d punch bags and gloves for boxercise- skipping ropes. There are c18sses for Chair Yoga, Move It or Lose It,. Pilates, Panicularly ge8red for people with Parkinsons plus 8 whole host of other activities. Deliveries show no sign of getting less. with more coming in to sit down for lunch. Through a Deportment of Trénsport initiative we were loaned a fflinibus to use to demonstrate that there is 8 need for one. We originally only had it until the end of July 2023 but this was extended through DCC who gave us £4.000 towards running costs followed by a further £15.000. That arrangement ¢ame to an end at the beginning of this year as we realised it would be too expensive to run without the grants and we had veryfew donations to help with this. Amanda and Lindy are doing a fantastic job in the office keeping it all running smoothly. Amanda has a lol of clients for help with form filling which we are havingto fund. The Rest Centre has now formally closed 8nd 811 deeds for the building have been handed over to U8- together with their balance of £69,947.75. 1?) We are still receiving small amounts of moneyfrom clubs including KIB Rugby club l Bigbury Coffee Morning l KIB Masonic Lodge plus others. We had Ilood damage in the small kitchen which has been completely refufbistted thanks to Howdens who gave us a new kitchen: Steve George who titted it, working round us. Nigel, our plumber; and my son Paul who kindly did the tiling and p8inting- a huge thank you to them all. AS you are aware. we are getting more and more requests to use our rooms for various purposes. I have had a building firm in to see if we can get planning permission to extend the building as we need to move forward and you have all had sight otthe preliminary documenlation. I will keep you updated.
Profit and Loss Kingsbridge Age Concern Forthe year ended 31 March 2024 1024 Turnover 77.46 Oonhli(Trn5 16.437.11 otherRevenue 32.875.00 Room Rental 9,668.18 69,527.21 TotalTumovr 128,514.96 Cost of Sales Cost ol Goodssold 18,174.98 Directwages Total C05tof sales 1.712.55 19,887.53 Gross Profit IO8,697.43 Admlnlstratlve Costs Advertising& maeting Audlt&Accountbncy lees Bank Fees 1,319.26 1,610.00 0.62 Cleanin8 5,633.39 180.00 Employers National Insurae Entertainment-lrthè busines5 2,040.17 584.00 Equipment 2,121.44 3,831.19 ITSofiwa¢e andconsumables 838.62 Lisht, Power. HÈaiin8 Molorvehicle Expenses PensionsC05ts 11.239.73 4,961.40 1,939.17 Printlng& Stbtionery Rates 905.15 39.60 Rent 1.750.OD Repairs&Maintenan¢ 2,579.46 67,136.72 7S4.93 Telephone & Internet 3,477.34 933.38 Woge5off payrDII TotalAdmini5trativeCosts 5.664.OQ 119,539.57 ProhtandLo KIngsbridpAgeCorn 31Jan2025 Pagelof2
Pr4fi¢andLOSS 2024 Operating Profit Profit on OrdinaryActivities Belore Taxation 110.842.141 110.842.141 Profit afterTaxation 110.842.141 ProhtandLo KIngsbridpAgeCorn 31Jan2025 Page2of2