## **REGISTERED COMPANY NUMBER: 01527982 (England and Wales) REGISTERED CHARITY NUMBER: 510908**
## **REPORT OF THE TRUSTEES AND**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **FOR**
## **MEETING POINT TRUST LIMITED**
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
**MEETING POINT TRUST LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31st December 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**|5|to|6|
|**Notes to the Financial Statements**|7|to|13|
|**Detailed Statement of Financial Activities**||14||
## **MEETING POINT TRUST LIMITED**
## **REPORT OF THE TRUSTEES for the Year Ended 31st December 2025**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 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 with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
The principal activity of the company in the year under review was that of promoting any charitable purpose or purposes for the benefit of the inhabitants of Telford and the surrounding districts of the County of Shropshire.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
Throughout 2025, Meeting Point Trust continued to fulfil its charitable objectives by providing accessible facilities and meaningful support for local organisations, vulnerable individuals and the wider public. Although there has been a decline in some larger room hire bookings due to economic pressures, Meeting Point House remained a busy and well-used community hub. Charities, churches, support agencies, public sector partners and voluntary groups continued to make extensive use of the building. The Trust remained committed to supporting organisations experiencing hardship through reduced hiring rates and, where appropriate, free use of facilities.
The Hive community space continued to be used almost daily for a wide range of activities, both funded and voluntary, reflecting the Trust's ongoing commitment to inclusion and community wellbeing. During the year, relationships with local faith communities were strengthened through the arrival of two new church groups, increasing regular usage of the building and further embedding Meeting Point House within the life of the local community.
The Hummingbird Café is an increasingly significant part of the Trust's community outreach and continues to develop into a welcoming and inclusive environment for visitors, community groups and vulnerable individuals. Grant funding enabled important accessibility improvements, including wheelchair-friendly motorised tables and enhanced outdoor seating. The café also supported a number of practical community initiatives, including the provision of a free Christmas dinner for homeless and vulnerable people, made possible through the generosity of volunteers, local businesses and partner organisations. The continuation of the "Pay It Forward" scheme also enabled members of the community to support others experiencing financial difficulty. Further grant funding culminated in the provision of a Memorial Bench in front of the café commemorating the 80th Anniversary of VE Day.
Considerable investment was made during the year to improve the building and secure the long-term sustainability of Meeting Point House, including, refurbishment of rest rooms and redecoration, enhanced communal areas, environmental improvements including water-saving measures, roof repairs, and the conversion of unused facilities into additional meeting space.
Most notably, the installation of solar panels and new heat source pump systems marked a major step forward in reducing energy costs and improving environmental sustainability for the future.
The Trust continues to provide modern facilities with updated audio visual in every publicly available room and actively embraces new technology enhancing the offer made to client groups.
The Trustees remain deeply grateful for the dedication of staff, volunteers and community partners whose commitment has enabled the Trust to flourish. Working together they enable Meeting Point Trust to provide affordable facilities, promote wellbeing and inclusion, and support vulnerable people and in so doing strengthen community life across Telford.
Looking to the future, the vision of Meeting Point Trust is to continue to serve as a critically important community resource encouraging greater social connection and cohesion for everyone across the Borough of Telford and Wrekin.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 1
**MEETING POINT TRUST LIMITED**
## **REPORT OF THE TRUSTEES for the Year Ended 31st December 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 01527982 (England and Wales)
**Registered Charity number** 510908
## **Registered office**
Meeting Point House Southwater Square Town Centre Telford Shropshire TF3 4HS
## **Trustees**
Rev D F Lavender - Retired (resigned 1.9.25) D G Wright (resigned 7.5.25) Ms R Evans Rev K L Osmund-Smith - Minister of Religion D Rolfe - Retired T Currie L Scott Director M J Lenander Director (appointed 9.12.25)
## **Independent Examiner**
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
## **Bankers**
Barclays Bank plc 23 Church Street Wellington Telford Shropshire
## **Solicitors**
Clarkes Solicitors LLP Hazledine House Telford Centre Telford Shropshire
Approved by order of the board of trustees on 13th May 2026 and signed on its behalf by:
Rev K L Osmund-Smith - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MEETING POINT TRUST LIMITED**
## **Independent examiner's report to the trustees of Meeting Point Trust Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Russell M Ball
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
13th May 2026
Page 3
## **MEETING POINT TRUST LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st December 2025**
|Notes
**INCOME AND ENDOWMENTS FROM**
Other trading activities
2
Investment income
3
Other income
**Total**
**EXPENDITURE ON**
**Charitable activities**
4
Promoting charitable purposes in the Telford area
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
385,100
-
59,760
444,860
390,925
53,935
3,011,607
3,065,542|Restricted
fund
£
-
-
-
-
-
-
-
-|31.12.25
Total
funds
£
385,100
-
59,760
444,860
390,925
53,935
3,011,607
3,065,542|31.12.24
Total
funds
£
394,312
3,429
50,000|
|---|---|---|---|---|
|||||447,741|
|||||393,161|
|||||54,580
2,957,027|
|||||3,011,607|
The notes form part of these financial statements
Page 4
## **MEETING POINT TRUST LIMITED**
## **BALANCE SHEET 31st December 2025**
|Notes
**FIXED ASSETS**
Tangible assets
9
**Investments**
Investments
Investment property
10
**CURRENT ASSETS**
Stocks
11
Debtors
12
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
14
Unrestricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
104,529
-
2,750,000
2,854,529
1,000
26,331
221,847
249,178
(38,165)
211,013
3,065,542
3,065,542|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-|31.12.25
Total
funds
£
104,529
-
2,750,000
2,854,529
1,000
26,331
221,847
249,178
(38,165)
211,013
3,065,542
3,065,542
3,065,542
3,065,542|31.12.24
Total
funds
£
35,417
-
2,750,000
2,785,417
1,000
30,226
229,143
260,369
(34,179)
226,190
3,011,607
3,011,607
3,011,607
3,011,607|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
## **MEETING POINT TRUST LIMITED**
## **BALANCE SHEET - continued 31st December 2025**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 13th May 2026 and were signed on its behalf by:
K L Osmund-Smith - Trustee
The notes form part of these financial statements
Page 6
## **MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31st December 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
## **Investment property**
In the Trustees opinion, the Investment Properties carrying value does not differ materially from its fair value at the balance sheet date. No independent valuation has been obtained at the balance sheet date to confirm this.
The Trustees recognise the requirement to obtain an independent valuation with sufficient regularity to confirm the Investment Properties carrying amount in the balance sheet does not differ materially from its fair value.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
## **MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st December 2025**
## **2. OTHER TRADING ACTIVITIES**
|31.12.25
£
Service charges and room hire
237,653
Catering sales
21,812
Hummingbird cafe
125,635
385,100
**3.**
**INVESTMENT INCOME**
31.12.25
£
Investment income
-
**4.**
**CHARITABLE ACTIVITIES COSTS**
Promoting charitable purposes in the
Telford area
**5.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
31.12.25
£
Depreciation - owned assets
11,325|31.12.24
£
257,560
20,091
116,661|
|---|---|
||394,312|
||31.12.24
£
3,429
Direct
Costs
£
390,925|
||31.12.24
£
9,294|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024.
continued...
Page 8
**MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st December 2025**
## **7.**
## **8.**
## **STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Other trading activities
394,312
Investment income
3,429
Other income
50,000
**Total**
447,741
**EXPENDITURE ON**
**Charitable activities**
Promoting charitable purposes in the Telford area
393,161
**NET INCOME**
54,580
**RECONCILIATION OF FUNDS**
Total funds brought forward
2,957,027
**TOTAL FUNDS CARRIED FORWARD**
3,011,607|31.12.25
£
141,202
6,917
148,119
31.12.25
12
Restricted
fund
£
-
-
-
-
-
-
-
-|31.12.24
£
117,673
5,916
123,589
31.12.24
11
Total
funds
£
394,312
3,429
50,000|31.12.24
£
117,673
5,916
123,589
31.12.24
11
Total
funds
£
394,312
3,429
50,000|
|---|---|---|---|
||||447,741|
||||393,161|
|||54,580
2,957,027||
|||3,011,607||
continued...
Page 9
## **MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st December 2025**
## **9. TANGIBLE FIXED ASSETS**
|**COST**
At 1st January 2025
Additions
At 31st December 2025
**DEPRECIATION**
At 1st January 2025
Charge for year
At 31st December 2025
**NET BOOK VALUE**
At 31st December 2025
At 31st December 2024
**10.**
**INVESTMENT PROPERTY**
**FAIR VALUE**
At 1st January 2025
and 31st December 2025
**NET BOOK VALUE**
At 31st December 2025
At 31st December 2024
Included in the total is £300,000 relating to a leasehold property acquired in 2020 on a 999 year lease.
Fair value at 31st December 2025 is represented by:
Valuation in 2023|Fixtures
and
fittings
£
270,537
80,437
350,974
235,120
11,325
246,445
104,529
35,417
£
2,750,000|Fixtures
and
fittings
£
270,537
80,437|
|---|---|---|
|||350,974|
|||235,120
11,325|
|||246,445|
|||104,529|
|||35,417|
||2,750,000||
||2,750,000||
||£
2,750,000||
continued...
Page 10
## **MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st December 2025**
|**11.**
**STOCKS**
Stocks
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Accrued expenses
**14.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General Fund - free funds
General Fund - repair provision funds
General Fund - property fund
Revaluation Fund - property funds
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General Fund - free funds
**TOTAL FUNDS**|At 1.1.25
£
186,607
75,000
1,247,063
1,502,937
3,011,607
3,011,607
Incoming
resources
£
444,860
444,860||31.12.25
£
1,000
31.12.25
£
19,122
7,209
26,331
31.12.25
£
-
24,673
13,492
38,165
Net
movement
in funds
£
53,935
-
-
-
53,935
53,935
Resources
expended
£
(390,925)
(390,925)|31.12.24
£
1,000
31.12.24
£
22,976
7,250
30,226
31.12.24
£
6,313
13,776
14,090
34,179
At
31.12.25
£
240,542
75,000
1,247,063
1,502,937|31.12.24
£
1,000
31.12.24
£
22,976
7,250
30,226
31.12.24
£
6,313
13,776
14,090
34,179
At
31.12.25
£
240,542
75,000
1,247,063
1,502,937|
|---|---|---|---|---|---|
|||||3,065,542||
|||||3,065,542||
|||||Movement
in funds
£
53,935
53,935||
||||||53,935|
continued...
Page 11
**MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st December 2025**
## **14. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.1.24
£
**Unrestricted funds**
General Fund - free funds
132,027
General Fund - repair provision funds
75,000
General Fund - property fund
1,247,063
Revaluation Fund - property funds
1,502,937
2,957,027
**TOTAL FUNDS**
2,957,027
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General Fund - free funds
447,741
**TOTAL FUNDS**
447,741
A current year 12 months and prior year 12 months combined position is as follows:
At 1.1.24
£
**Unrestricted funds**
General Fund - free funds
132,027
General Fund - repair provision funds
75,000
General Fund - property fund
1,247,063
Revaluation Fund - property funds
1,502,937
2,957,027
**TOTAL FUNDS**
2,957,027||Net
movement
in funds
£
54,580
-
-
-
54,580
54,580
Resources
expended
£
(393,161)
(393,161)
Net
movement
in funds
£
108,515
-
-
-
108,515
108,515|At
31.12.24
£
186,607
75,000
1,247,063
1,502,937|
|---|---|---|---|
||||3,011,607|
||||3,011,607|
||||Movement
in funds
£
54,580
54,580
At
31.12.25
£
240,542
75,000
1,247,063
1,502,937|
||||3,065,542|
||||3,065,542|
continued...
Page 12
**MEETING POINT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st December 2025**
## **14. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund - free funds
**TOTAL FUNDS**|Incoming
resources
£
892,601
892,601|Resources
Movement
expended
in funds
£
£
(784,086)
108,515
(784,086)
108,515|Resources
Movement
expended
in funds
£
£
(784,086)
108,515
(784,086)
108,515|
|---|---|---|---|
||||108,515|
## **Purpose of funds**
## General Fund - Free Funds
The surplus on this fund over and above those funds invested in Property represents 'free reserves'. The trustees try to maintain a sum of £70,000 to enable the charity to continue for upto six months in the event of a significant drop in income. Any additional 'free reserves' above this amount will be used to fund further property developments in line with the charity's objectives.
General Fund - Repair Provision Fund
This represents funds the trustees have allocated to meet future major repair cost.
## Revaluation Fund - property
This represents the un-realised gain on the revaluation of the property.
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st December 2025.
Page 13
## **MEETING POINT TRUST LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st December 2025**
||31.12.25|31.12.24|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Other trading activities**|||
|Service charges and room hire|237,653|257,560|
|Catering sales|21,812|20,091|
|Hummingbird cafe|125,635|116,661|
||385,100|394,312|
|**Investment income**|||
|Investment income|-|3,429|
|**Other income**|||
|Sundry grants|59,760|50,000|
|**Total incoming resources**|444,860|447,741|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|141,202|117,673|
|Pensions|6,917|5,916|
|Rates|2,175|3,658|
|Insurance|7,883|11,835|
|Light and heat|25,694|26,326|
|Telephone|3,029|3,019|
|Printing, postage and stationery|726|851|
|Repairs and renewals|27,728|52,005|
|Sundries|4,579|3,463|
|Advertising|3,235|3,945|
|Cleaning costs|15,505|16,713|
|Training|1,041|1,096|
|Security costs|(7,896)|367|
|Catering expenses|-|125|
|Accountancy|2,515|2,210|
|Legal and professional fees|3,755|1,761|
|Coffee shop purchases|46,706|40,391|
|Activity costs|-|390|
|Coffee shop wages|93,607|90,860|
|Depreciation of fixtures and fittings|11,325|9,294|
|Bank charges|1,199|1,263|
||390,925|393,161|
|Total resources expended|390,925|393,161|
|**Net income**|53,935|54,580|
This page does not form part of the statutory financial statements
Page 14