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

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

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.

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

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

31.12.25

31.12.24

Unrestricted

Restricted

Total

Total

funds

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Other trading activities

2

385,100

-

385,100

394,312

Investment income

3

-

-

-

3,429

Other income

59,760

-

59,760

50,000

Total

444,860

-

444,860

447,741

EXPENDITURE ON

Charitable activities

4

Promoting charitable purposes in the Telford area

390,925

-

390,925

393,161

NET INCOME

53,935

-

53,935

54,580

RECONCILIATION OF FUNDS

Total funds brought forward

3,011,607

-

3,011,607

2,957,027

TOTAL FUNDS CARRIED FORWARD

3,065,542

-

3,065,542

3,011,607

31.12.25

31.12.24

Unrestricted

Restricted

Total

Total

funds

fund

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

9

104,529

-

104,529

35,417

Investments

Investments

-

-

-

-

Investment property

10

2,750,000

-

2,750,000

2,750,000

2,854,529

-

2,854,529

2,785,417

CURRENT ASSETS

Stocks

11

1,000

-

1,000

1,000

Debtors

12

26,331

-

26,331

30,226

Cash at bank and in hand

221,847

-

221,847

229,143

249,178

-

249,178

260,369

CREDITORS

Amounts falling due within one year

13

(38,165

)

-

(38,165

)

(34,179

)

NET CURRENT ASSETS

211,013

-

211,013

226,190

TOTAL ASSETS LESS CURRENT LIABILITIES

3,065,542

-

3,065,542

3,011,607

NET ASSETS

3,065,542

-

3,065,542

3,011,607

FUNDS

14

Unrestricted funds

3,065,542

3,011,607

TOTAL FUNDS

3,065,542

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.

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

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.

2.	OTHER TRADING ACTIVITIES

31.12.25

31.12.24

£

£

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

3.	INVESTMENT INCOME

31.12.25

31.12.24

£

£

Investment income

-

3,429

4.	CHARITABLE ACTIVITIES COSTS

Direct

Costs

£

Promoting charitable purposes in the Telford area

390,925

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.12.25

31.12.24

£

£

Depreciation - owned assets

11,325

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.

7.	STAFF COSTS

31.12.25

31.12.24

£

£

Wages and salaries

141,202

117,673

Other pension costs

6,917

5,916

148,119

123,589

The average monthly number of employees during the year was as follows:

31.12.25

31.12.24

Charitable activities

12

11

No employees received emoluments in excess of £60,000.

8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Other trading activities

394,312

-

394,312

Investment income

3,429

-

3,429

Other income

50,000

-

50,000

Total

447,741

-

447,741

EXPENDITURE ON

Charitable activities

Promoting charitable purposes in the Telford area

393,161

-

393,161

NET INCOME

54,580

-

54,580

RECONCILIATION OF FUNDS

Total funds brought forward

2,957,027

-

2,957,027

TOTAL FUNDS CARRIED FORWARD

3,011,607

-

3,011,607

9.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st January 2025

270,537

Additions

80,437

At 31st December 2025

350,974

DEPRECIATION

At 1st January 2025

235,120

Charge for year

11,325

At 31st December 2025

246,445

NET BOOK VALUE

At 31st December 2025

104,529

At 31st December 2024

35,417

10.	INVESTMENT PROPERTY

£

FAIR VALUE

At 1st January 2025

and 31st December 2025

2,750,000

NET BOOK VALUE

At 31st December 2025

2,750,000

At 31st December 2024

2,750,000

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

2,750,000

11.

STOCKS

31.12.25

31.12.24

£

£

Stocks

1,000

1,000

12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

19,122

22,976

Prepayments

7,209

7,250

26,331

30,226

13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

-

6,313

Social security and other taxes

24,673

13,776

Accrued expenses

13,492

14,090

38,165

34,179

14.	MOVEMENT IN FUNDS

Net

movement

At

At 1.1.25

in funds

31.12.25

£

£

£

Unrestricted funds

General Fund - free funds

186,607

53,935

240,542

General Fund - repair provision funds

75,000

-

75,000

General Fund - property fund

1,247,063

-

1,247,063

Revaluation Fund - property funds

1,502,937

-

1,502,937

3,011,607

53,935

3,065,542

TOTAL FUNDS

3,011,607

53,935

3,065,542

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General Fund - free funds

444,860

(390,925

)

53,935

TOTAL FUNDS

444,860

(390,925

)

53,935

Comparatives for movement in funds

Net

movement

At

At 1.1.24

in funds

31.12.24

£

£

£

Unrestricted funds

General Fund - free funds

132,027

54,580

186,607

General Fund - repair provision funds

75,000

-

75,000

General Fund - property fund

1,247,063

-

1,247,063

Revaluation Fund - property funds

1,502,937

-

1,502,937

2,957,027

54,580

3,011,607

TOTAL FUNDS

2,957,027

54,580

3,011,607

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General Fund - free funds

447,741

(393,161

)

54,580

TOTAL FUNDS

447,741

(393,161

)

54,580

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.1.24

in funds

31.12.25

£

£

£

Unrestricted funds

General Fund - free funds

132,027

108,515

240,542

General Fund - repair provision funds

75,000

-

75,000

General Fund - property fund

1,247,063

-

1,247,063

Revaluation Fund - property funds

1,502,937

-

1,502,937

2,957,027

108,515

3,065,542

TOTAL FUNDS

2,957,027

108,515

3,065,542

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General Fund - free funds

892,601

(784,086

)

108,515

TOTAL FUNDS

892,601

(784,086

)

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.