FILE COPY Churches In Reading Drop In Centre Report & financial accounts st For the year ended 31 March 2025 Presenled by Brywel Associales, Suite S, Chillern Court. 37St Peiers Avenue, Reodingi RG4 7DH
Inde endent review of the accountin records for Churches In Readin Dro In Centre For the ear to 31 March 2025 st th 11 November 2025 We can confirni that we have carried out an independent review of the accounting records of Churches In Reading Drop In Centre for the year ended st 31 March 2025 and have produced the attached accounts as required. Mr.AS ant wel Associates Suite 5 Chiltern Court 37 St Peters Avenue Readin RG4 7DH.
CIRDIC Churches in Readiiig Drop In Cenl Churches in Reading Drop-ln Centre Registration Number: 02652137 DIREcfoRS' REPORT The Directors of the Centre, who are ultimately its Trustees and are below referred to as the latter, have pleasure in presenting their report and the accounts for the year to March 31 2025. CONSTITUTION Churches in Reading Drop-ln Centre Limited was incorporated as a company limited by guarantee on th 8 October 1991 to take over the activities of the Churches in Reading Drop-ln Centre as it then was. th This transfer took place on I" November 1991. On 9 April 1992, the company changed its name to Churches in Reading Drop-ln Centre, taking advantage of section 30 of the Companies Act 2006. The Centre, which is known informaSly a5 CiRDiC. is registered in England and Wales as a charity, number 1005654. MISSION STATEMENT to welcome. as Christ welcomed, those who are in need. to offer love, hope and compassion within a Christian ethos to help to restore human dignity, self-respect and well-being. to work together within our community to increase awareness of our mutual responsibility towards the disadvantaged and marginalised in our society TRUSTEES AND MANAGEMENT COMMIThEE The following persons acted as Trustees: John Davies (Chair) Bridget Barwick (Treasurer) David 8rowne Sally Leonard Eric Moyse Angela Wills Although the Trustees are responsible for policy with regard to running the Centre, day-to-day decisions are taken by the Management Committee. At March 31" 2025, the members of this Committee were: Mabel Gregory (Manager) Angela Bell Jill Bird Tony Bircher Ernie Cunningham
Andrea Darius Mark Dunford Ali Parr Rosemarie Tegg AcfiviTIES During this financial year CiRDiC continued to open three days a week - Mondays, Tuesdays and Fridays between the hours of 10:00am 1:30pm. We continued to offer the guests hot food and drink. a warm place to come and "be" shower and bath facilities and access to the clothing store. In addition, the HOLT nurse and St. Mungos continued to meet the guests inside the building, and we have been able to offer podiatry and hair-cutting on a regular basis throughout the year. CiRDiC continues to provide a Sunday breakfast from churches and church volunteers. During this year we partnered with FAITH Christian Group, with a view to opening the Centre five days a week. The Centre undenwent significant building improvement works, whereby double-gla2ing was installed in the main dining area, along with new and efficient radiators and lighting. The result was a much warmer and brighter and welcoming area for the guests to sit out. In addition, a trial began to open the Centre on a Wednesday and then a Thursday to facilitate other groups to meet with the guests as well as offering a place of warmth for everyone. ORGANISATIONS AND SERVICES WHICH WORK AT OR WITH CIRDIC Communicare Connect Reading HM Probation Service CGL {Change Grow Live)- drug and alcohol service Launch Pad Mental Health Nurses NHS Nurses Podiatrist Barber St Mungo's- Homelessness Charity PAID STAFF VOLUNTEERS & SUPPORTERS During the year, the company had the seniices of two part time paid staff: the Manager and the Centre Administrator. Four of the Trustees and all the unpaid members of the Management Committee also worked as volunteers at the Centre. There are currently approximately 30 volunteers in total, without whom it would not be possible to run CiRDiC. All new volunteers are required to undertake Adult Safeguarding training. CiRDiC retained its five-star Health and Hygiene rating awarded by Reading Borough Council in 2024 and Health and Hygiene training is offered to all volunteers. During this last year we have continued to receive generous donations of food from Costco, and Waitrose. In addition, we have been grateful for regular donations from Greens Butchers, Pangbourne, Sheeplands Farm. St. Vincent de Paul, Isrnaili Civic and The Co-op. We are also indebted to local churches, The Rotary Clubs, schools. and many individuals who generously support us with funding and gifts of food. toiletries and clothing.
FINANCIAL OVERVIEW OF THE PERIOD During this financial year the funds have continued to remain healthy, despite the Significant cost of refurbishment, and CiRDiC remains in a financially sound position. DIVIDENDS It is a requirement of the Memorandum of Association of the Centre that no distributions shall be made to the people who are members of the company at any time. John Davies Chair Ih 14 November 2025
Churche5 in Readin Dro In Centre Statement of the finHnci41 activities incor ratiD In income and ex enditure account 4nd stlement of Total Reco nised for the eAr ended J15t Mirch 2025 in$ Ind 1055es All donations detailed are Tectived in the L.K only Tol*l TotAI nrestri¢ 2024 INCOME AND EXPENDITURE INCOMING RESOURCES Donations from churches Donations from individuals Donations from other organisations Fundraising Women centre Local authority grants Gift Aid income Interest received Sundry receipts 22.802 29.847 7.751 22.802 29.847 52,751 34,786 71,312 50,212 45.0(X) 1.310 9,167 8,8?7 1,884 1.310 15,167 8.827 1,884 1,800 2,750 1,839 758 6,(M)O Notc 9 81.588 45.0(M) 6.000 13? 588 173.457 COST OF RESOURCES EXPENDED Charitable acliN'ities Govemance Notc 6 108.688 516 45.(KK) 8.466 162.154 106,717 516 Note 7 109.?04 45.OlX) 8.466 16?.670 106.717 Net incoming(outgoing) resources expended for the )'ear (27,616) (2,466) (30.082) 66,740 Transfers between funds Fund balances blf at 1st April 2024 155.814 7,634 163.448 96.708 Fund balAnces clf At 31st March 2025 1?8.198 5,168 133.366 163,448 Page 1
Churches Readin Dro In Centre Balance Sheet at 3 1st lArch 2025 2025 2024 FIXED ASSETS Note 3 5,389 7,184 CURRENT ASSETS Debtors Note 4 20,378 Cash at bank & in hand 109,691 160.740 130.069 160,740 CURRENT LIABILITIES Creditors Note 5 2,092 4,476 2,092 4.476 NET CURRENT ASSETS 1 ?7.977 156.264 TOTAL ASSETS 133.366 163.448 REPRESENTED BY Restricted funds Designated tunds Revenue reserve 5,168 7,634 128.198 155,814 133.366 163 448 I"he compani, is enliiled to ex¢mplion from audit under Sttiion 477 of the Companies Act 21KK) for ihe vcar cndcd 3 1st March 2025 The mcmber5 haie not required thc company io obthin an audil of il's financial ststements for ihc )'ear ended 3 1st March 2024 in accordance with Section 476 of the Compnnies Ath 2006 The tnjslees anknoH,ledge their responsibilities for: la) en%uring thai the company kceps accounting records h1¢h compli. M ith Scciions 386 and 387 of the Companies Aci 2006 and Ibl preparing financial sthtements w.hich give a try¢ and fair view of the slai¢ of affair5 of the company as ai the end of each financial l'ear and ofivs profit or1055 for each financial %"car in accordancc 1[h the rcquir¢mcn15 of %eciion5 J94 and 395 and thhich oihcrnise comply '1th the requiren)ents of thc Companies Act 21M)6 relating lo financial statemcnt& so tar as applicablk lo thL company. 'rhe finanLial statcmcnts have b¢¢n prepared in accordance with the provisions of Pan 15 of the Companies Act 2( relating to small companies. 'lThe financial statements werc approvcd bv the irusiees on I Ith I%ovemr 2025 and 'Cre signd on th¢ir behalf by.. J Davies Page 2 B BarH'ick
Dro In Ctntre ts for the ear ended 3 1st Mar h 2025 ieral Re5crv¢) rcpresL'niS thc accrucd unspcnl resen'es that are not subject to &n)' restriclion. - itijius have been set aside from the genera] fund b!. the Trustee5 10 pai" for specific proj¢L but these ma). be restored to the general fund if Ihc Tru51¢es decide th81 such a course iTrould be prudent. As CIRDIC is d¢pendenl for thc gre8ter part of ils income upon donation& M"hi¢h rna!. iary. from l.ear to )'ear. the Trusiees havL deLided upon a )IlL). ()f rLtaining at le&st t0 )'cars normal ouigoing5 in thes¢ funds. incr¢asing fundrniskng actii'iti. 'hen required. 'h¢n thk'en togeth¢r. at the 3 1st March 2025 Ihesc designatcd And general fund5 reprc*ni¢d approximaiel) 25 months of tpendItUre. Rc5trict¢d funds r¢pT¢sent donations r¢ceived for specific purposes so far as noi alread), srKnl NOTE 2: ACCOLINT HEADIi%GS On the Balance Shed and ift the Statemeni of Financial Aciiviiies and the a$Slated notes the Trusl¢cs have in Lertain cases dcpaned from Ihe headings coniained in the Companies Acts in order to prcsent the user of th¢sc accounts '7th P¢ lrne fair view.. NOTE 3: TANGIBLE ASSETS Buildin Furn & ui Com ui ter Securi Total rol'es Co$t At I st April 2024 178.649 28.227 2.W7 3.512 213.295 Additionq Disposals At 31 st March 2025 178.649 28.727 3.512 213 ?95 De reciation At 1st April 2024 175.876 23.818 3.511 206.111 Charge in period 693 1.102 1.795 Eliminat¢d on Disposals At 3151 March 2025 176.569 Net l)ook value At 31 st March 2025 2.080 3.307 5.389 Ai 31 st March 2024 2.773 4.409 7.184 ]YOTE 4: DEBTORS 2025 2024 Insuran¢e prL'pa!'ment Rent prepaym¢nl Gift Aid claim Building contribution from FAITH 108 2.875 2.395 15.IKKI 20.378 Page 4
Churche5 in Re8di Dro In Centre otes to the 8ccount5 for the 'ear ended 31st March 202$ IYOTE 9: INTEREST RECEIVABLE AND SIMILAR IYCOME 202 2024 Bank inierest 1.884 758 1.884 758 NOTE 10: OPERATING LEASES Thc compan). holds a renewed property. le&se thai e¥pires on 31 st Dccember 2024. The r¢nLS du¢ for the remainder of the lease being detailed below. 2024 Rents becoming due under the •bove m¢ntioned 1¢8se Period 0110412025-3111212025 NOTE I I: EMPLOYEES CIRt)IC cmploy¢d two person5 during the l'ear. Boih emplo)'rts work.ed mainlN at CIRDIC IBerkl¢N' Avenue). A5 in prcvous ycars, they wrrc a55iSted by volunteeTh including kvcrdl Tte¢s. OTE 12: TAXATION As a register chariiv ihe Centre is e¥empt from dir¢ Uniied Kingdom i&xaiion. Refunds of income t&x on And donations under the Gift Aid %cheme are includ¢d in ihe caiegvr). of income in hleh the underl)'ing donation is included. 'lThe Centre enjo)'s no general exemption from Value Added T. Page 6
ChMrche$ in Readin Dro In Centre al and Administratib'e details LEGAL STATIIS 11)¢ C ¢ntr¥' is u compan!. limited b). guardni¢¢. r¢8isiered in England and W'ales. Thc company rcgi5trati()n number is 2652137. The C¢nire is a regisiercd (haril. number l(M)5654. -rh¢ Trusiees Li)nsiiiule ihe uliimaie controlling part}" DIRECTORS. TRUSTEES. ETC Th¢ names of the director5 and members of the Manag¢meni Commintt are set oul on page I ADDRESSES Regisler¢d office 8 Lea Close R¢ading RG30 3NB The Centrc Berkeley A•¥enu¢ Reading R(i16JT Chair 8 Lea Close Reading RG30 3NEI BANKERS AND ADI'ISORS Ilankers Barclai s Bank plc POBoK?7 Reading RGI 2HD Sort Codc ?0-71-03 CU¢1 account 70269573 ALcountants Br%v'¢l Associwes Sui1¢ 5. L hiltern Court 37 St PctCf5 Avcnue Ca¥ersham Reading RG4 7DH Page 7
Churches in Readin Dro In Centr Notes to the 4c¢ownt$ for the ear ended 31st March 2025 OTE 5: CREDITORS {Imounts falling due within one )'e*r) 2025 2024 Accrua15 PA YE account .499 3.876 2.09? 4.476 NOTE 6: COST OF RESOURCES EXPEWI DED Unrestrirted Des nated Restricted 2024 Rcnt of building Food. ctc Heat and Light Trnicl Telcphonc & compulcr Rcpairs & r¢¢&15 Wuter rates E.egal &, professional rec-accoUnts C.ounLiI t& Bank Lharges Sub5Lfipiions Websit¢ L)om¢4ti¢ and h)'giene Emplo)'ment ¢osis Insurance prL'miums Post & 5tationLry Training Publicity. DcprLYiation Building improvemenis 54ou%¢hold supplie5 Computer & office decoralion Administraiion Sundries Womcn's ccTrtre .375 23 12.187 11.375 23 12,187 11.500 10.504 2.011 2.025 1.413 516 639 149 47 2.011 2.025 1.413 516 639 149 47 116 6.834 62.218 6.7?0 356 1.920 982 1.541 576 624 96 35 359 6.908 63.212 3.228 428 24 6.834 62.?18 6.720 356 270 -795 270 1.795 45.010 8.399 208 2.928 45.IKKI 10 8,3 50 1.524 302 57 359 109.204 45.IX)O 8.4 162.670 106.717 NOTE 7 . COST ofGOVERNANCE 202 2024 Professional ¢harBes 516 576 516 576 NOTE 8.. REMUYERATION No remunerdtion N'&s paid and no benefits accrued Trtt$ during the %"ear or during the previou5 )'ear. During the year the sum of £0 paid io Trustees to ¢ovcr the cosi of irnvel {2024-£0) Page 5
Churche5 in Rtadin Dro In Ctntre Note5 to the ccount5 for the ar ended 31st Mrch 2 NOTE I: ACCOUNTING POLICIES isof re Arin the financial 5tttments Thes¢ fin8n¢ia] statements have becn prcpared in accordance w'ith the provisions of section l A 'Small Entilies" of Financial ReFK>rting Standard 102. The Financial Reporting %thndard applicablc in the LTK and Rcpublic of Ireland and Lompanies Act 2(K16. 'fhe financial sw¢m¢nts hale been prepared under the hisiorical cost conbeniion Inrome receivable All donation and grydnt income is includcd Thhen reccived except for grdnl income from Reading Elorough Council. ¥¥hiLh is recognised on the dales thai the instslmenis become due ibutions in kind Thc Ccntrc rcccies con5iderabl¢ amounis of food and clothing in kin¢1 rh¢r than mon¢N' being giien to purcha5c ihcsc itcms. No account ha5 bcen thken of thcsc reccipls it M"ould noi be pra¢ii¢al io do so. These iteTll5 are consumed b). or donated on to (hc Centre'5 guests or. in thc of surplus¢s. occasionally donated lo oiher charities or if sen'icable. sold for rdgs. SimilaTIy, Do account h&5 IKen tsken of the building worL tnaintenance or gardening (3rried out by. the Centre'5 volunteer5 and guests. nk inter Ilank interest is ¢r¢diied in ihe income & expenditure ¥counl on the basis of the amounts having become credited during Ihe ear Fixed Assets DeprLciatioft is proiided on all filed assets in a manner designed MTite offthetr COS less ClMated residual ues. b). the lollowing methods and the lolloH'ing rnte5'. Furniture and equipment Computcr equipm¢nl Securit). 5>5t¢m Building improvements 250/. reducing balanc¢ 25 /ts straight line 33 /() slrnight line 25•/0 reducing imlance No account is thken of fixed &ssds that have been don*ed io the Cenlre. as this would be impractical. The Tru51ee5 do nol believe that an). effect on the accounts N'ould k maleria]. No &iLouni h&s been taken of510cks of food and cloihing held the Wance sh¢d dat¢. as these ar¢ infrnded ror consumption by or donation to the Centre's guests. eratin Rentals paid under operdting leases are charged io the unrestricted income & expenditure account and statemaji of financial activities as incurred. Page 3