CO CREATE EXETER C.I.C.

Company limited by guarantee

Company Registration Number:
13142434 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

CO CREATE EXETER C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CO CREATE EXETER C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,613 2,775
Total fixed assets: 1,613 2,775
Current assets
Debtors: 4 8,108 3,033
Cash at bank and in hand: 36,944 30,552
Total current assets: 45,052 33,585
Creditors: amounts falling due within one year: 5 ( 24,192 ) ( 15,433 )
Net current assets (liabilities): 20,860 18,152
Total assets less current liabilities: 22,473 20,927
Total net assets (liabilities): 22,473 20,927
Members' funds
Profit and loss account: 22,473 20,927
Total members' funds: 22,473 20,927

The notes form part of these financial statements

CO CREATE EXETER C.I.C.

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 December 2025
and signed on behalf of the board by:

Name: John Marker
Status: Director

The notes form part of these financial statements

CO CREATE EXETER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CO CREATE EXETER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

CO CREATE EXETER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 5,747 1,081 6,828
Additions 450 450
Disposals
Revaluations
Transfers
At 31 March 2025 6,197 1,081 7,278
Depreciation
At 1 April 2024 3,333 720 4,053
Charge for year 1,252 360 1,612
On disposals
Other adjustments
At 31 March 2025 4,585 1,080 5,665
Net book value
At 31 March 2025 1,612 1 1,613
At 31 March 2024 2,414 361 2,775

CO CREATE EXETER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 8,108 3,033
Total 8,108 3,033

CO CREATE EXETER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 540
Taxation and social security 635 670
Accruals and deferred income 2,500 2,046
Other creditors 21,057 12,177
Total 24,192 15,433

COMMUNITY INTEREST ANNUAL REPORT

CO CREATE EXETER C.I.C.

Company Number: 13142434 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

During the financial year, the company has continued to operate as a community interest company with the primary purpose of supporting social, economic and environmental wellbeing within Exeter and the surrounding area. Its principal activities have centred on the operation of Co Create Exeter as a community-focused space that supports collaboration, skills development, local enterprise and social connection. The company’s activities have benefited the community by providing accessible workspace, events and programmes that enable individuals, community groups and small organisations to develop ideas, share knowledge and work collaboratively. In particular, the company has supported early-stage social enterprises, freelancers and voluntary groups who might otherwise face barriers to accessing suitable space or professional networks. By offering flexible and affordable facilities, the company has contributed to reducing isolation and improving opportunities for participation in economic and civic life. Throughout the year, the company has hosted workshops, talks and community-led events focused on creativity, sustainability, wellbeing and social innovation. These activities have created opportunities for local residents to acquire new skills, exchange ideas and build supportive relationships, thereby strengthening community cohesion. The company has also provided a platform for local practitioners and facilitators to deliver their services and reach wider audiences. The company’s activities have had a positive economic impact by supporting local employment and self-employment, both directly through its operations and indirectly by enabling local people to develop viable projects and income-generating activities. Where possible, the company has sought to work with local suppliers and collaborators, thereby retaining economic value within the local area. In delivering its activities, the company has remained committed to its community interest objectives and to reinvesting any surplus in furthering its social purpose. The directors consider that the company has operated for the benefit of the community as a whole, with particular regard to inclusion, accessibility and long-term social value.

Consultation with stakeholders

The company’s principal stakeholders include individuals and organisations who use or benefit from Co Create Exeter, including local residents, community groups, freelancers, social enterprises, facilitators and partner organisations operating within Exeter and the surrounding area. Stakeholder engagement has been an integral part of the company’s activities and governance throughout the financial year. The directors and management team maintain ongoing informal consultation with stakeholders through regular interaction within the space, including day-to-day conversations, feedback received during events and workshops, and discussions with individuals and groups who use the facilities. This direct engagement has informed decisions relating to programming, accessibility, pricing structures and the use of space, ensuring that the company’s activities remain responsive to community needs. In addition, the company has sought structured feedback from users and participants through surveys and post-event feedback forms. These have provided insight into stakeholder experiences, identified areas for improvement and highlighted emerging needs within the local community, particularly in relation to skills development, collaboration opportunities and wellbeing-focused activities. The company also consults with delivery partners, facilitators and local organisations when developing new programmes or initiatives, ensuring that activities are aligned with local priorities and complement existing provision rather than duplicating it. Feedback from these stakeholders has influenced the design of events, the balance between commercial and community use of the space, and the company’s approach to inclusivity and affordability. The directors consider that this combination of ongoing informal engagement and structured feedback mechanisms has enabled the company to take account of stakeholder views in a proportionate and effective manner, consistent with its size and resources, and to continue operating in a way that serves the community interest.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 December 2025

And signed on behalf of the board by:
Name: John Marker
Status: Director