THE COBDEN CENTRE Charity No. 291371 Company No. 07355501 Trustees. Report and Unaudited Accounts 31 August 2025 THI COIIDEN CENIRI Paeos I rustc'cs, AniiuAI Rpi)orl Indppendeiit F.xaminer s Repnrt Slcilemenl ol F Inaniial Aclivities SiJt7iniary Income and Expendilure Account Balaiiie Sheel Notes to Ilie AcLounls 91oJ4 Dptatled Stalement of Financial Activilies J5to16 Page I IHI C()BI)IN CINTIII REFERENCE AND ADMINISTRATIVE DET AILS CompLiny No. 07355501 Chartty No. 291371 Principal Ollite MKIR Iir.) Registored Offico MK18 IEG Directors and frustecs Tlie Directors ol ihc charitable company are ils Trusteos for the purposes of charity law. I'he lollowinE Directur5 alld Irustee5 served during tlie year.. D.J. H&iiinan M.J. Ilangeley Accountant5 Youiiis Bliatti & Co Ltd 93 Broid Stre?t Birmineliain 15 IAU Bankers Nati01131 Westminster 8ank No. l Hatlon Gardrn l.oii(lon ECIP IDU OBJECTIVES AND ACTIVITIES The purpose of the charity as set out in its governing document is to ulldcrtake research into economic and political science and to di55eniinale tlie result5 tlioreof and to advance Ilie education to the public in econDn)ic arid political science. The policies adopted In lurtherallce of these objectives are to raise funds and undertake re5e3rch and there has beon no chaiige in these durinE the sicar. Paee 2 IHI C()F3DEN CI NIRF I rv41ecs Annual 8('pt)rt ACHIEVEMEN75 AND PERFORMANCE work ol r('searLh in d111erL'TIt eL()niinii( and poliliLal 511L'llLL, tuyi£ FINANCIAL REVIEW I he cliarily rocoivL,d doriations of £51,612 dLlfinp the yc'ar. It is policy ol Ilic charity that iJnrp91ricled luiids wliiLli IiJvci iiot beo.n design3t?d loi a spocilii use should L) dintdinf.'a al o Ipvol equivalent to belweon thr(ie and six moiiths, expLbnditLire. The T¥u:- Itos consider Ihat rcsofvL)S at tliis ILJve1 will ensure Ihal, In the pvonl ol a 5iGnilir.ant drop iri luiidiiiy, they will bo able io coniinue th(.. ch.-Irity's current dclivities while con51deraiion Is givon to WJys Iii wliicli addilionf11 funds miiy be rA15ed. This IL'V?l ol rLISCIVLS has bo.L'n maintained sinc.0 Oecembor 2013 and WL, anlicipale miiinlainin8 our reserves throughout thL' year. The irusteQ5 have d55essed iho mojor risks lo which the charity is exposL,d and lifo satisf1ed Ihat 5y51ems are In p13CI' to mitigate L'xposure to ihe major r1sks. STRUCTURE, GOVERNANCE AND MANAGEMENT The Ihiirily Is a company Iimit(,d by ITuaiJiiiLJé The trvstL'e5, who are 3150 the Director% lor the purposc ol company law and who sprvpd during ilie yedT wore.. Mr D l Hannan Mr M l Ran6eley Trustoes are recruitLd and appointed as and whcn nccossary. None of the trustees has any bcnelicial interest in the company. All of thc trustecs are members ol the company and guarantee to contribute £1 in tho event ol a winding up. The trLJStees are responsible lor keeping proper acLounting records that disclole with rca50nable accuracy at any timo thc financial position ol the charilv and to enablo ihem to ensure that the financial statement5 comply with the Companies Act 2006. The trustees are a150 responsible for safeBuardinB the assets ol the charity and hence taking reasonable step5 for the prevention and detection of frèud and other irieBularities. The charity is run by the triJ5tees. The above rcport has been prepared in accurdancc willi the provisions applicable to companies subject to the small companie5 regime u5 set out in Part 15 of tlio Companies Acl 2006 and In accordanco witli the Charities SORP IFRS 1021. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position ol the charity and to enable tliem to ensure that the financial Statements comply with the Companies Act 2006. The Trustees are also responsible for 54leguardin6 tl)e assets ol the harity and hence taking reasonable step5 for the prev¢ntion and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 01 the Companies Act 2006 and in accordance with the Charities SORP IFRS 1021. Signed on behalf of the board M.1 Ranee1ev Page 3 THI COBDEN CENIRI l Tuslees AnnuJl Reporl P3ge 41 I HE COBDFN CINTRI. IiidepL'ndi'ni Ex3niiner's Ri'poil lu Ili(. IriJ%lii(b% of THI COBI)l N Cf N7 Rl yflcir f'Tidi.d _41 A4JgiJsI 2U25 Responsibilities and basi5 01 report s tlie cliarily 5 lii151oes ol Ilie COiMP¢iny IAt)d alsn Its dirpilors lor Ilie pufposes ol ioJi)i)Ai)y lawl yoij art. LDn)paiiies Ail ?OOb I'ilie 2006 Ac I laving 4411islied mysolf tliat Ilie Iiriancial slaleiiipiils ol tlie Cliiirily dre iiol required io be audited uiider l)èrt IG ol I lie 2006 AI t aT)d dre vliyibl(. lor Iri(li'peri(leni examinalion, I iepart in resptrcl ol my pxaminai ion ol yoiir Iharily's litiancidl stalemeiils as carried oul utider seciion 145 01 Ihe Charities Arl 2011 I'ihe ?01 J Aci'l. In carryir)g out my f Kamination I have lollowrd ihe Oirertions given by the Charrty Comm15510n under sprlion 145151 Ibl ol ihe 2011 Act. Independent examiner's statement I have complpt?d my examinalioi) I can confirm th31 no material maltprs llave conie to tiiy attenliun in connvctioii with the exaininatioii Eiviiig me iause lo bL.liL've'. accounting records were nol kcpl In accordance with section 386 01 the 2(X)6 Acl . oi I he financial Slatpmenls do nol accord with ilit)se records.. or tho financial Siatempnt% do nol comply with ihe accounting requirements under section 396 01 tlie 2006 Acl oiher than any requirement ilial the finantial slatement5 Eive a 'true and fair, view which is not a matter considefed as part of an iridependent pxamincilion., or tlie financial Statements have nol been prepared in atcordance with the meihods and principles ol tlie Statement of Recommended Practice lor accounting and reportinE by chaiities applicable to charities preparing their accounts in atcordance wilh ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concern5 and have come across no othei mallers in connection with ihe examination lo which attention sliould be drawn in this report in older lo enable a proper understanding of the financial stateinents to be leached. Mohammad Yovnis Bhatti FCA Younis Bhatti & Co Lid 93 Broad Street Birmingham B15 IAU 04 December 2025 Page 5 IPI.I COBDIN CINTRI loi thL' year ended 31 Augusl 2025 UIiTPStritted l(Jnds Total lunds 2025 Tot31 lunds 2024 2025 Notes Ii)come and endowments from.. Doniltion% and leGacies 51.612 51,612 6,200 Total 51.612 51.61? 6,?(X) Expenditure on.. 10.7 17.615 10.790 17.615 Otlier 19.579 Total 28,405 Npl gain5 on inv?5tmrnls Net incomellexpenditurel Transfers belwpen funds 23,207 (13,3791 Net incomellcmpenditurel before other Eainslllossesl 23,207 23,207 113,3791 Othcr gains and losses Nct movement in funds 23,207 23.207 113.3791 Reconciliation of funds: Total funds brought lorward 26,043 26,043 39.422 Total funds carried forward 49,250 49.250 26.043 Page G THI COBDEN CINTRI loy I hp year endtrd 3J ALIEUSI 2025 20?5 2024 51.612 6.200 Gr05s income lor the year 51.612 G.?00 ?¥,405 Total expenditure lor the year Nel Incoiiie/lexpenditurel beloie lax lor Ilie year 28,405 19.579 23,207 113.3791 113.379) Net income /lexpenditure Ifor ihe year ?3.207 Page 7 ii%i (Olsl)IN CENIRL .'It 3J AuiTru51 202J l ompiiny No. 07355501 NulÈ'5 202S 2C)24 Current assets su,1su SO,750 11,5001 27.41}3 Creditors.. Ainouiir lallinÉ duL' wiiliii) one yiiJr Not curront assets 11,4JOI 26,043 Total a55L.t5 less current liabilities 26,043 NLt assots oxcludsng pension asset or liabilitv 49,250 26,043 Total net assets 49,?50 The lunds of the charity Rpstricted funds Unrestricted lunds io io 49,250 2G,043 49,250 26,043 Reserves io Total funds 49,250 26,043 rhrsp tir¢t)unts have been preparpd in 3tcord3nce with (he special provi510ns ol Part 15 01 the Componies Act 2L)06 rel3ting to small companies. For the year ended 31 AuEVSt 2025 tho company was entitled io exemption undor section 477 of the Companies Act 2006 relating to srnall companies. Thp members have not required the company to obtain an audit in accordance with section 476 01 the Companie5 Act 2006. The directors acknowledge their responsibilities for cgrnplying with the requirements of the Companios Act 2006 witli respect to accounting records and the preparation of accounts. Approved by the board on 04 December 2025 And signed on its beh311 bv.. M.J. Rangelev Trustee 04 Dccember 2025 Page 11 THI COBDIN CENIIII lor Ili(, yc'dr (Irid(,d 31 AIJp.u51 202S Basis ol PfL'yar£)tiuii RppubliL ol Irelaiidlf RA I n?) atiil I lip Cumi)aiiies Act ?0()6. Change in basis ol accounting or to previous accounts Th?rp has Iie?i) no chaiigp Iii 11115 ac( i)iJiil Iiip, policies Ivalucilion rijlps £irid nipihod of accouniinBI since last year and Iio cliai)Iios have beei) made to occovnls lor previou5 years. Fund accounting Unresiricled Iijrids DLisiBnatpd lund Revciluatioi) funds The%? (Irp iinr?striiled liiiid% parmarkpd by ihe truslp?s lor particular purposes. Tliosc arc uiirestricled Iiinds which include Il revalual ion reserve representine the re%tdtetTieiil ol investmenl asset5 dl Ilieir niarket value5. Tlii.'%i' arL' availablo lor vse 5ubjecl to reslricti(>115 imposed by ilie dollar or tlirougl) Irrms ol an appedl. Riislricled funds Income RL'io8iiilion of income Inconie is includofl iti tlie Slalenietil of Financial Activities ISOFAI wlipii the Iliaritv becoiiies eiililled to, arid viilLially ierlain lo receive, tl)e incorne and ihe amount ol the income can be nieasured will) sufficient reliability. Income with related Where inioine has related expenditure the income and related expenditure is expeiidilure reported gross iii tlie SOFA. Danations and Voluntary Inrnrne received by way ol grants, donations and gift5 is inrluded In the the SOFA wheii receivable and only when the Charity has unconditional enlitlcniL'iil to tlie incame. Tax Teclaims Dn Income froin tèx reclaims is included in the SOFA at the same time as the donations and gifts gifi/donalion to which it relate5. Donated services These are only included in income Iwilli an equivalent amount in expeiiditurel and facilities wliere the benefit lo the Charity is reasonably quantifiable, measurable and material. Volunteer holp The valiie ol any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/llossesl on l-his iniludes any Bali) or loss resultine from revaluing investments to rnarket value revaluation of fixed at the end ol the year. as5e15 Gainslllossesl on investment assets legacies Thi5 includes any Eain or loss on the sale of investments. Page 9 IHI CObDLN' QEN7RE Noli'l io ilii, Accounls overnaiiie co¥tS roquiroiii(Ii)ts nl ilie Chaiily, inclu(Jiiig any audiiliiidi'pLJndent exaiiiii)alion lees. cos15 Iinkpd in thp %lrAlvcic. maniigpi7ieiil ul IliL, Cli3rily, l02oilier wi(li a sl)are of Otlior expeiiditur14 Tliese are suppurt ¢u.s1% not allort]ted lu a parli( iilar artivity Taxation I rliai Ity is exeinpt from corporiil ion tax 01) ils charilable atlivilies. Freohold investmont propertv Irivi'.511i1('iit proi)eilie5 dre med5ured initially at C05t lind subsvquenily at fciir value al each balanr.e slieel dai(. aiid ère noi depreciated. All gains or1055e5 are lakei) to tlie Stateiiiciit ol financial Aclivilies 35 thoy arise. Stocks SluLk is iiicluded at il)e lower ol c051 or iiel realisable value. t)Dt)ated itpms ol stock are recoEnised at fail volue which is the Jmounl the cliarity would have been willi1i8 lo pay for the items ori the open market. Trade and othei debtor5 Trade and othpr debtors are recoBnised at the 5Qttloment amount due alter any trade discount offered. Piepayments are valued at the amount prepaid nel of any trade discounts due. Cash and cash equivalents Cash and ta5h equivalents comprise cash at bank and on hand, demand deposits with b.04.8 ?1).04.4 39.4?) l otcil fLJnds cairitrd forward Page 16