BOOKSALIVE (AclwÉtable company limited byguardntee] TRusfEEg ANNUAL REPORT AND FtNANCL4L sfATEMENTS FOR THEYE4RENDED 31 DECEMBER 2025 Rered number. 3737476 Regstered char[ number 1077435
BOOKS ALTVE {A charitsble conipanylimited byguarantee) Indexto trustees'report and financial statements Contents Tntees. annual report Independent Exxminefs report Statementof Financial Activities Balance sheet AccouDting Policies Notes to the accounts 9-10
BOOKSALIVE (A cl)aritable company limited byguarantee) TRUSTAN1UAL REPORT The ttlees (who atso artas directors for Companies Actpurposes) have pleasure in presenttngtheirreportand financial statements forthe year ended 31 Decernber 2025. The tnsstees believe thatthe finaniial statements MplYWIth current stalmtory requirements arÈd the charitys governing document The trustees have adopted the provisions of the Statement of Recommended Prdctice (SORP). subjertto the stnall cornpaDieg regitu Books Alive is a reWred cIlty nuEnber 1077435 and company nurnber 3737476. The principal re&stered Offi of the Charityis: 86 Elm Drive Hove BN3 7IL The trustees ofthe Chltyin the period have bee Mr J E Puttock (Chair} Mrs G Carr (Unttl I Iuly 2025] Mrs S Forrest Mrs S C Haines Mrs M Harding (From 4Apnl 2025) Mr D Standing Rev Dr N Tucker The advisors to the Charity during the year bave been: Accountant MrN Carr 36 Rowan Avenue Hove BN3 7IG IndependentEraminer Mr I CrosthwaÈte 31 PortIana w1& Hove BN3 5SA Solicitors Mayo Wynne Bayter 3 Bell Lane Lewes BN7 IIU Banliers Bardays Bank plc North Street PO Box2915 Brighton BN3 ISS Redwood Bank The Nexus Buildillg Broadway Letcbworth Garden City SG6 7fA
BOOKS ALIVE (A charitable company limited by8uarantee} TRUSTEES AKNUAL REPORT (CoDtinued} SlrnctUTe. gDvernance and management Books Aliv- was ip.-orporated as a companj Iimited by guarantee (rewred number 3737476) ou 22 March 1999. Thegoverning dOCMent is the Memordndum and Articles ofthe compatty. As specified bythe governing document the incorne and property of the companyshall be applied solely towards the prnmotion of its objects The trustees are appo)ted bythe members at the anuual general meeting or. the recommendation of thetrustees. Up to 4 trustees maybe appointed by resolution to serve for periods of 3 year& Tbe tnth retireby rotation 2nd maybe re-appointed for fijrther periods of 3 year& Tr.e rent trustees dLe to retire are as follows." Mrs S Forrest and Mr D Standing atthe AGM in 2027. Mrs M Hardingand MrJ PttoCkatthe AGM in 2028. In additioD, tbe Parochi3] Churith Council of Bishop HanDington Memorial Church may nominate up to 3 truste4 One of whom must be the VÉ(2r. Mrs G C3rr completed her terni of Servi in 2025. Mrs S Haines is due to serve until 2026. and the Wir, RevDrN Tud remains a truste law applicable to incorporated clwities in Englartd and W31es requires the trustees, wbo are aIso the directors of the company. to prepare financial statements for each financial yearwhich give a trne and fair view of the state of affairs of the Charityat the end of theyear 2nd its financial activities during theyearthen ended. In preparing those financial statements. the trustees are required to: Select suitable 3CCOLntinE polici 2nd then app]y them consistently. Make judgements and eStints thatare reasonable and prudent and Prepare the financial statemellts on an ongoiDgconcern basis unless itis inappropriate to presume that the Cbaritywill continue in operatio The trustees are responsible for keeping proper accountingrecords whith disdosewith reasonable acCury, at any time. the Fm2nciLI position ofthe Charitv and which en2bles them to ensure that the financial statements comply with the Companies Act 200& They have general respoDsibiliti&s takingsuch steps as are reasonably open to them to SaFegard the assets of the CbaTity and to preventand detett fraud and other irregularitie& Risk ManageRttent The trustees have examined the main areas of the Cbariws operatioLs and Considered the major risks faced in each of these ar In the opinion of the tntstees. the Charity has establ.thed resources and rei4ewsystems wbickn under nomal Coik dition& should allow these risk% to be )nitigated to all acceptable level in its day-tO-dayoperdtion& Page 2
BOOKSALIVE (A charitsble company liniited byguardntee) Objectives ajtd adiwitrs The Cbaritys principal objective is the advancement of the Cbristian religion bythe establishment and Maititenall of a bookslwp and through the sale and disrr5bution of book& MalneS, card& music andsuch other items as the Charityshall think fit Pub]ic Benefit The Charity's tneeS have referred to the Charity CoD]mission's general guidance on public benefitand consider that the Ckwity has COtinUed to meettho5e requirernents. The bookshop trades for six days a weekand is elltirely accessil)le to allthe publi regardless of any religous belief, or non AchieveMents and perfoTowice Sales forthe year showed a signifi(2nt decrease at£84,167. a reduction of £9.359 compared with the exce]lentsales in 2024 when an increase of 23.38% over the previous yearwas achieved. However, it still showed continuino increase in sales sin Covid. The exceptsoiol contribution of Gillian Carr. one ofthe ITUStees, wbo has continued to oversee the manwent of the shop on a voluntarybasis the driving force in buildingup the sales overrecentyear& Gi11É3n invoices the CFLarity £250 per onth for her congltanCywOrk and advice. The secondhand booksertion on the upper floorwas again a major contributor to both the s3Res and contribution to the netsurplus with sales of £9,429. Our loyalty scbeme continues to be well use Durkng the year the Charity COTttinued to suppoiL The Brighton and Hove City Mission by providingthem. free of charge. with Bibles for their ministyand tbe CharÉty also supported the Cbichester Diocesan May Camp again this year. We mntinue to be a centre fordonations towards the lo(al foodbankand a collettion point for the Link to Hope Christnw Shoe BoxAppeaL Wewere pleased once again to be able to holdseveral extenTrl sales events during the year and expect this to continue to grow irL 202& We would like to thaDk ourbookkeepers. all our customer& friends. publi%lLers and their representatrves fortheirsupport duringthe year.A speaal thankyou is due to all the volunteerswho give their time and energy to stalfing the shop each week Withouttheir supportthe shop couldn't open 6 days aweelcA special thankyou is due to Giiknan Carr, who conduded her Involvement atthe end of the year. for her oversight of tbe shop sinee before Covid Thetrustees have now appointed a paid parttime nllager to take Forward the managementof the shop. To help offsetthe impattof havinga parttime paid manager the trustees have launched a scberne called-Friends of Books Alive" to generate additionat funds to help meet this cosL To date the take up I5 been less than desire(L The unrestricted surplus for theyearwas £6.435 wbith when added to funds of £104,497 broughtforvRrd frorn 31st DeceDiber 2024. resulted in adjusted unrestricted fids of £110,932 beingcarRed foTvrdrd on 31st December 2025.
BOOKSALIVE (A charitable companylRmited byguardntee} Financk31 Review. Contiaued The trtlstees mayinvestthe surplus fid5. not xmmedlately required forthe purposes of the Charity in or upon sucb investnients, securities or property as theythink fiL and from time to time to transpose. varyand realise such investtnents subjettto suth conditions and such consensus as may be required bylaw and subject aIso to the provisions of its Memordndum and Artide Atthe ye*s end £73269 was held in a 95-day notice account with Redwood Bank Reserves Policy The trustees regularly review the level of reseryes held by the Cbarity3nd are pleased to report that ¢lrenythe Charity holds unrestiicted funds irA excess of 12 months. expendirure. It is anticRpated thiswtll signifjwdyreduce overthe next fewyears when taking in the cost of a part time paid manager. Byorder of the Board Trustee lohn Puttock (Chair) Tee Sue FoeSt (Minute Secretary) f3 l7.1..2 Regrtered office 86 Elm Drive Hove BN3 7JL
'the Charitv, I tewt to the cbarity Truskes on my &uDiOn ofthe accoutts of tTrke Charity fix theyear ended 31 Decemb¢r 2025. Respoosibil¥tt¢¥ and basis of repbrt As the charitv TTVStees of the Company (and its dirtttors for the pury0 of c(Hnpany law) you are responsil)le for the pterArion of the accoutkts in accordance with tbe requiremeots of the Companies Act 2006 (the 2006 Act?. Fkving satisfied myself that the accounts of the CkrÈty are not requireAI to IK audited under Part K6 of tbe 2006 Act aod are elI)Ie for i1)d¢dent exa]nall0 I report ill respect of my exaMiOn ofthe CEwity5 a£couE as (aTried out und¢r stttiorffi 14) of thc Ch&raes Act ?01 l (kne 2011 Ace). In ¢all>'ino out my examwion I have folloived the Directtons given bv the Charity Commission under WtiOD 145()) (b) of the 2011 ACL IxdepeFdent exmiarfs stateme Since the Charitys w inci)me has not ce&d £250.(X)Q your ex3IDer dS not need to be a meJnEtt ofa listed1y. I have completed my &uminati(ID. I that llo matters have come to y attention in ci)nnectioD with the examinatÉon giving me c3vs¢ to believe: )uoting [OrdS Wt not kept in resp&a ofthe Charity as bv seI0n 386 of the 2006 A¢¢ or 2. the accovnts do not aOrd with those record¥ or 3. tk accounts do JK (x>mply the accoulltin¢Y requirements of seLXion 396 of the 2(X16 Art other than ony requiremeni that the acix)unts give a trlle and fair view ivhicb ts not a tter coosid¢red as r*rt of an the Oullts have not IMI PTEpared in accAJrdance iVTth the m&bods and principles of the Statement olRecommended Prdrtice for ac¢ounting and rewrting by charities [applicable to charities preparing their a(unts in thance Ivith the Financial Reportino Standard applicable in thc UK and Rq)ublic of Irel&)d IFRS 102)1. I hav¢no ci)ncerns aud have o)me acn)ssno othermatterg in CODnecÈion with the &xamination to which attentiort shod be drawn in this retxirt in ordeT to enablea proper ur•Jerst2ndino_ of the accounts to be reach. Mr I crost1Thte 31 Portland Villas Ilov¢ BN) 5SA PAGE i
BOOKS AUVE A Charitable Company Limited by Giiarani Statement of Financial Acbwtstsfor Year Ended 31 December 2025 yrAl FUNDS 2025 Unrestrirted Restricted Funds Funds 2024 INCOMING RESOURCES Inc¢mtng resources from generated fvnds Donations Income Tax Recoverable Bank Interest her 145 1307 1.362 530 Totdl 1835 2.037 Rental Income IIA14 IL414 11.264 sale of Books and Christian Produtt5 84 167 93.526 Total Incoming Resource5 98A16 98 416 106,827 RESOURCES EXPENDED Charitable artivrties Govemance costs 3a&4 88,791 8&791 87219 3J90 3.190 Totsi Resour ExpeFxled 91?81 91WI 90.409 NEf{OUTGOINGMINCOMING RESOURCES 6A35 6A35 16,418 Unrestricted Funds for Income and expendrtu Totsl Funds Brought Fonvard ** IOV97 104A97 88.132 Total Funds Carried Forward llO332 110332 1(M.550 All incoming resources and res0tsr expended ar from continuing thitEs ** The broughtforvrard figure from 2024 was reduced by£53 following an adju5tmert post account fin3lisatÈon yearend 2024 PAGE 6
BOOKS AUVE A Charitsble Company Limited by Guardntee Balance Sheet 31.12.25 Totsl Fund5 2025 Totsl Funds 2024 Tangible Current Assèts Stock Debtors Savings Account Cash at bank and in hand 22,147 26.168 2.837 51.362 31.898 73269 20557 116535 IIU65 Falling Due in l year -7.715 Net Current Assets IlQ932 104550 Total Assets less Current lialItIeS UOJ32 104.550 Net A55ets 0?32 104,550 Funds 110332 104,550 Note Forthe year ending 31st Oecember 2025 the Company was entitled to exemption from audlt under Section 471 of the Comp3nies Att 2(A]6. The members have not required the Company to obtain an audit in accordan wtth Section 476 ofthe Companies Att 2016. The trustees acknowledge their responsibilitiesfor compfying wrth the requirements of the Att wtth respect to accounting records and for the prepaFation of these accounts. These accounts have been prepared in accordan with the provisions applicable to Companies subjert trj the smaS1 charitable Companieg regim These accounts were approved bythe Tnstees/directors on_..-...- . -. and Signed on thelr behalf by. Chair of T Dirertors
BOOKS ALtVE {A ChaTitable Company Limited by Guarantee) Notss to theAecounts for th¢YearExded 31 Ilecember21125 un Basis of preparalion: . These finanaal ststements have been prepared in accordance witb the Financial Reporting Standard applicable in the UK and Republic of Ireland (effecrive Ianuary 2015) (-FRS 102? and the Companies Act2006. Assets and liabi]2ties are initiajlyrecognised at historical cost or transartion value unless othenvise stated in the relevant accounting policy note[s). a) Fund accountins" Funds held bythe Charity are either- Unrestrirted f¢Jnds - GeneTrl fim(Ls which can be used for the Charitys ordinary purposes, or Restricted Fjjnds-being either (a) income fromtrostswhich maybe expended only on those restritted objects provided in the tern]s ofthe trustorbeque¢ or Ib) donatioDS or grants received for a specific object Any balance rern3iniDg unspent at the end of theyearis (arried folward as abalance on thatrestricted fulld. b) Income recogDition po]iaes Sales are recognised in the period to which the sa]es re]at& Rental income is recognised in the period to which the rent relatr& Income t3x recoverable on GiftAid donations is recognised in the period to which the ftaid relate c} Expenditure Erpenditure is retognised as soon theTe is a legal or ConstCtive obligation committingthe ChaTityto rnake apaymenL d) Depreciation Depreaation is caIculated to write down the cost of t3ngble fixed asset& exduding freehold properties. overtheir expected usefid liv& The te$ are: Shop ¥4uipmeot Shop Fittings Str&ightl1ie over 10 year5 straight line over 10 years Computer and Audio Equipment straightline over 4years It is normal policy not to capiralise assets below £100 or when financed by donations. Tbere were no CdPitaJised itenLS to deprecÉatefrom previous years or in 2025. e) Stock% Stocks are valued atthe It)werof costand Detrealisable value. fj T3xatioll As a registsred charity. it is exemptfrom corporation tsx to the extenttbat its income and gains are 3ppIicable to charitsble purposes only. Page 8
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$3 5J23 4787 A$2t3J December2V5 5,723 14ni IIET8fN)KVALLIE sa3Jst Decembe¥ 3)35 tsat3tstCrnber 2024 Trade tÈbtors 3)24 Trade Cre(rrtors PÈnson Contrthuttstsl PaIdjry2]2GI VA7 payabtè Unreslrftt Fttnds dAssets At31 OmbEF2025therewÈ 24nmbetslJ24a41 Nathe John Putto(k ht*kTu¢ker Gilb2n CaTr Nichobscarr £15XIID £13250 TnJsEEeotBH (1•#n W¢ykerSTry1 Rents paM¥tO BHWCT