TIVERTON WAR MEMO AND ADMINISTRATIVE DETAILS LEG Clwity name War Memorial Librdry - rtvertcaj Charity registrntion number 306639 14incipal addre55 Windsor RackenfoTd Tiverton Devon EX16 8ER Trustees Mr K A Finan . Chairm Mr l L Pugsley Miss R Cottier Mrs H Mead Mr R Horsey Mr G Hetherington Mr P L Barton . 1g[*d xf£4 Mrs J R Rendle Mr M Stoneman Secretary Mrs S Newton Accountants Apsl¢ys LLP Chartered Accournts 21 Bampton Street Tiverton Devoll EX16 6AA
i) Structure, Governance and IManagemeDt of gov¢rning document How the charity is constituted Trust Trustees selection method Any vacancy wilI Ix filled by apwintment by the remaining trustees Objectives and Activities Princi l. The provision, equipment and maintenance of a public library in the borough of Tiverton 2. The promotion of education, art. literature, science and other like purposes for the use and benefit of the inhabitants of Tiverton. all as a memorial to th¢ m¢n who died in the Great War. Main activities The trustees own the building known as the TAV¢rton War Memorial Library and Publxc Hall. Part of the building (including the Public Hall) is let to the Riverside Club who operate a members club in the basement. Trustees consider requests foT grants in connection with the second of the principal objects. Grant of £Nil (2024: £Nil) was paid to Tiverton Museum. Financial review The trustees ¢ontinlle to see one of their main responsibilities 85 being to maintain a reserve fund for repairs and maintenance to the War Memorial building which is Grade II listed. Other The trnstees have had regard to the Charity Cornmission guidance on public benefit and believe this is achÉeved via the charitys objectives and activities. This report was approved by the board on 2 3/,./ . 2nd signed on its behalf by Kevin Finan Chairman
INDEPENDEiYf EXAMINER'S REPORT TO THE TRESITLS OF TIVERTON WAR MEMORIAL I report to the charity trustees on my examination ofthe accounts ofthe c(xnFW)" fcr the eDdcd 31 March 2025 which are set out on pages 4 to 7. ResponsEbilities and basis of report As the charity tnteeS you are responsible for the preparation of the accixmts in with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my examination of the charity's accounts carried rrAaer 145 of the Act and in carying out my examination I have followed all the appIlLle DrrctxxJ grrn h" the (larity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirni that no matters have (XXDe h) mv in connection with the examination giving me cause to believe that in any matyial IEsFryt l. accounting records were not kept in respect of the charity as 130 of the A¢. or 2. the accounts do not accord with those records: or I have no concerns and have come across no other mattus in VW4th the examination to which attention should be drawn in this report in order to enable a Errp7 wthstlng of the accounts to be reached. Phil Morrish Apsleys Chartered Accountants 21 Bampton Street Tiverton Devon EX16 6AA Date: 2£hk 0ba
TIVERTON WAR MEMORIAL RECEtEYfs AND PAYMENfs ACCOUNT YEAR ENDED 31 NfARCH 2025 Note 2025 2024 Receipts Rent The Riverside Club Tiverton Physiotherapy Locker St&sh Rugby CIC 4,000 3,000 7,500 14,500 3.000 8,250 15250 Investment incorne Investment portfolio COEF Charities deposit interest 8,895 2,166 8,256 2,280 11.061 10.536 Other receipts Contribution towards expenses Prweeds from the sale of investments Donations 1,310 1,249 27.621 26,285 Payments Property and administration Property repairs and maintenance Professional fee5 Heating, water and insurance Stockbrokerfs fees Secretatys honorarium Grants Purchase of investments 13.282 4,090 3,874 868 1,250 35.625 1.326 3,269 796 750 7,999 7,424 31,363 ( 49,190 Surplus of receipts over payments Excess of payrnents over receipts As at l April 2024 Balances at bank As at 31 March 2025 Balances at bank (3,742) (22,905) 53,630 76,535 49.888 53,630
TIVERTON WAR MEMORJAL STATEMENT OF ASSETS AND LIAB YEAR ENDED 31 MARCH 2025 Note 2024 Freehold property War Memorial and Public Hall, Tiverton Not valued Investments at cost 214,438 D¢btors and prepayments 3,025 BalanGe5 at bank 49,8 53,630 Creditors and Accruals 540 Net Assets 276,149 271,633
TIVFJITOli WAR. iy. YEAR ENT)ED 31 MARCH 2¢Y25 l. Freebold Property This is a building known as The War Memorial Library and the Public Hall ID fivertOZL As you &qn see from the Statement of Assets and Liabililies, these have not be£n prOf$lOnally valued 2. Investments 2025 2024 Cost as at l April 2024 Purchases Equalisation Sales Net gains/(losses) Cost as at 31 March 2025 214,438 7,999 (42) 207.034 7,424 (20) 222,395 214,438 3. Debtors and Prepayments 2025 2024 Buildings insurance prepaymellt 3,306 3,306 3,025 3.025 4. Balances at bank 2025 2024 cotF Charity Deposit Fund Natwest Current AccoLmt Balance held by Stockbrokers Deposit Account Dividend Account 44,848 4.426 42,704 10.363 614 563 49,888 53,630 5. Creditors and Accruals 2025 2024 Secretatys Expenses Accountancy 560 560 540 540
TIVERTON WAR MEMORIAL NOTES TO ACC YEAR EKDED 31 MARCH 2025 & Property repairs and maintenance 025 2024 Fire alarm maintsnance and repatrs Boiler Electricat Wiring Roofing work Cabling for met¢r fitting Foliage removal EPC 8J62 766 17,405 5,384 11,299 327 264 180 1257 3J15 348 Door repairs Laying sIabs Electrical Installation Condition Report 13282 35,625 7. Heatingj water and insurance 2025 2024 Heating Water Bullding and lift insurance 503 185 i.371 3,874 3,084 3,269