Newbury Community Resource Centre Limited (A company limlted by guarantee) Registered Company number 03998851 Charfty number 1082243 Annual Report & Accounts Year Ending 30 November 2025 Page I Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Contents Charity Information Page 3 Trustees, Report Page 4 Independent Auditorfs Report Page 22 Financlal Accounts Page 26 Page 2 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Charity Information Company registered number 03998851 Charity re8iStered number 1082243 Registered Office Unit F, Hambridge Road Industrial Estate. Bone Lane, Newbury, Berkshire, RG14 SSS Independent Audltor UHY Ross Brooke, Windrush Court, Abingdon Business Park, Abingdon, OX14 ISY Bankers Lloyds Bank plc, 5 Bridge Street, Newbury, Berkshire. RG14 5BQ Solicitors Gardner Leader Solicitors, White Hart House, Market Place, Newbury, Be￿$hire, RG14 5BA Patron Simon Hunt (deceased 27 January 2026 Trustee Board Chair Vice-chair Treasurer Trustees John Unsworth Gillian Durrant Alex Monev Pat Phipps Sally-Ann Jay Le51ey Reilly Brinsley Snowdon lan Callaghan (appointed 24 April 20251 Senlor Management Team Kelvin Hughes Chief Executive and Company Secretary Jo Exelby Head of Finance and Administration Ann Shepley Marketing & Fundraising Manager Sharon Chapman Project Manager- Growing 2gether Joe McKay Project Manager-Training & Community Support Christine Newman Project Manager- Community Furniture Project (Newburyl Phelim O'Hagan Project Manager- Community Furnlture Project IBa5ingstokel Page 3 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Statement from our Chair Welcome to our 2025 Annual Report It is with great sadness that we report the death of Simon Hunt in January 2026. Simon was a Trustee from 2006 to 2020, was Chair of Trustees from 2008 to 2019 and was our patron since 2020. Throu8hout his tlme with the charity, he provided tremendous support with his keen business acumen and his enormous ability to motivate and support. He will be very much missed. 2025 was a year of celebration for us, marking our th 25 anniversary in May. We were also delighted to win the Greenham Trust Charity of the Year 2025 in November, a testament to the dedication and capability of our team. As we have marked our contribution over the last quarter centuryi it is sad to reflect that the issues we set out to address are as relevant now as they were in 2000. But whilst this may be the case, when reviewingthe impact and achievements of the charity over the last year, it is heartening to note that there remains in the community, be it amongst staff and volunteers or the wider community, the same desire to help those less fortunate than themselves. The government's 2025 indices of deprivation show that two thirds ofthe neighbourhoods in our area of operation are less deprived than the average in England. However there is still significant poverty and disadvantage which Is a continuing reality for many. An increased number of individuals and families are finding it hard, if not impossible, to meet their essential needs, despite often being eng38ed in full-time employment. Provldlng a rapid, practical and empathetic response to people who are in crisis 15 at the heart of what we do. Coupled with steps to improve a household's resilience by providing them with low-cost or free goods they need to help them stay out of an unaffordable debt spiral. Whether it be delivering a bed wlthin the hour to a person returning from a hospital stay or fully equipping a home for a family moving Out of emergency accommodation, the charity will always try to help. We could not deliver our services without the hard work and dedication of our staff and volunteers. During the course of the year over 363 adults and young people gave their time and skills to asslst In the delivery of our services. Similarlyi Without the support of our donors, who provide financlal support and donation5 of reusable Items, we would be unable to contlnue our work. Page 4 Newbury Communlty Resource Centre Limited Annual Report & Accounts 2025 Many vulnerable and disabled adults in the local community are long-term participant5 in our supported volunteering and accredited training projects. Each year, they are joined by more newcomers both young and old. Last year. 122 adults with learning disabilitie5 undertook various supported volunteering activities. These person-centred services are provided Ljsing a community-based approach to enable vulnerable people to take an active and meanin8ful role in delivering essential services that support the wider community. Our work in promoting environmental education, throu8h the provision of The Forest School, supported volunteering and community horticulture activities, continued to evolve. Members of the team offered ever more creative ways of passing on these vital Ilfe lessons to young people and families during the year. Our financial performance was challenging. A deficit of £78.540 was recorded. Donations and grant income was £430,164, down £68,770 from the prior year; sales income was down by £8,637 to £1,709,985 and expenditure was up £65,464 to £2,218,703. Sadly• in order to secure our financial viability. we have had to take the very difficult decision to make four staff redundant in January 2026. We miss our colleagues and thank them fortheir contributions to our operations over many years. John Unsworth Cht7irof Trustees rMeu*bamTwu51 CHARITY AWARDS Page 5 Newbury Communlty Resource Centre Limited Annual Report & Accounts 2025 What We Do The Newbury Community Resource Centre Limited INCRCI has always aimed to provide help to those who are most in need in our local community? including resldents who are stru881ing financialty, adults and young people with learning disabilities, physical disabilities, mental health issues, the unemployed and young people who are excluded from mainstream education and/or are youth offenders. We run a number of communlty projects, including two furniture reuse centres, a tralning and community SUPPOrt centre, where we repair donated items, and a community food growing and environmental education project. Those who join us are able to learn new Skills, gain accredited trainin& make new friends and become part of a caring community. The NCRC works across three main areas. Poverty alleviation Trainin& skllls development and community support Promoting education and environmentally beneficial activities Page 6 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Poverty Alleviatlon Despite the government's indices of deprivation we come across families on an almost daily basis without access to the most basic items needed to set up and maintain a safe and healthy home. Whether it be a child without a bed to sleep in, or a whole family without access to a cooker or other means to prepare hot food, sadly the need for support is not diminishing. Baslc furniture and white good5 are the most expensive, and therefore unaffordable. items for many families suffering from financial insecurity. When families and individua15 are already in financial distress, additional costs can lead them into unaffordable borrowing. Where people are setting up home and all items are needed at the same time, it is even more unaffordable. Delivering cost effective and timely support to families in this position is one of the absolute prioritie5 of our work. Our shops offer a significant discount to customers who are in receipt of most state benefits. Through the Essential Household Goods Support IEHGSI scheme, the charity continues to provide support to the most vulnerable Members of our local community with grants of furniture, white goods and household essentials. During the year EHGS cases supported rose by 14% to 544. EHGS has been, and continues to be, invaluable in helping people in crisis or helping them to build their financial resilience by reducin8 unaffordable debt. Bicycles are also supplied free of charge to enable people who have secured employment. but have no access to personal transport. to get to work, as well as to refugees to enable them to access volunteerlng attivities. The Chrlstmas Toy Appeal was run in Newbury and Basingstoke and provided over 1.600 children with a range of presents which otherwise their parents and guardians would have been unable to afford. Cas• Study A pregnant woman was Ilvlng alone In Newbury havln8fled from her famlly home to escape physlcal threats beln8 made towards her from famlly members. She had been placed In temporary unfurr*lshed a¢¢ommodatlon by West Berkshlre Councll. The unfurnlshed property had hard tlles floors throughout and the referrlng a8ency asked us ff we could supply a ru8to laythe baby on in the loun8e. The woman was recefvln8 Statutory maternlty pay wlth limlted finances wlth which to equlp herself and her home In Ilme for her babvs arrSval. We were able to $upply bedroom and Ilvlng room furnlture as well as a carpet fesultln8 In a safe and more cosy home for mother and baby. Page 7 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Tralning. Skills Development & Community Support The projects continued to provide a range of opportunities for the most vulnerable members of our community to engage in 5UPPOrted volunteering. We operate woodwork, furniture, electrlcal and bicycle workshops that produce finished goods for the shops. In addition, they also deliver a range of accredited training courses. Delivered in a supportive environment. these courses give opportunities to people who ml8ht not otherwise readily access training. Participants are predominantly adults with learning disabilities, physical dlsabilities and/or mental health issues, young people at risk of exclusion from education and youth offenders. We work in partnership with a wide range of organisations to provide opportunities for these groups to participate in meaningful work experlence, training and volunteering activities. Support is provided based on an on-going assessment of an individual's requirements, with focus on maximizing independence. This may require I'.1 support on occasion Iwhich we provide). The projects also operate transport that enables people to access our services from even the most remote rural areas of the district, both during the day and for evening and weekend events. The projects are widely acknowledged as an example of the positive impact people with very complex disabilities can have in their community when they are well supported by trained and experienced staff and volunteers. A range of targeted schemes are run by the Projects Including: Reblke repair5 and reuses donated blcycles. The scheme is entirely volunteer-run and supports volunteers wlth disabilities and young people excluded from school. The project supplles schools with bikes to enable pupils from more remote areas to cycle to school, as well as undertaking rider training. Page 8 Newbury Communlty Resource Centre Limited Annual Report & Accounts 2025 Kftchenwise is a training kitchen providing Opportunities for volunteers and trainees to develop independent living skills by producing a range of nutritious meals throughout the week. Community Crew supports people with learning and physical disabilities by engaging in countryside and environmental maintenance activities, such as footpath clearante. The group is responsible for keeping 96 footpaths across West Berkshire clear of litter and obstructlon from encroaching hedges and trees. Refugee & Asylum Seeker Support: We continued to provide support to a wide-ranging group of refugees and asylum seekers currently settled in West Berkshire under various Government scheme5. We were delighted when our work with West Berkshire Action for Refugees IWBAR) was recognised with the Best Charity Collaboration Award by Greenham Trust in November 2025 as we had been 3rtively working together since 2022. We offered WBAR office space in late 2023 and refugees and their families have been able to come to thls safe space for advice and support, in particular around personal administration such as managing utilities, finances. benefits, job applications, housing and more. CFP FC: We have two football teams who compete in the Berks, Bucks and Oxon Social Inclusion Football League as well as playing friendly matches against other local and regional teams. Currently both teams are top of their respective leagues. Page 9 Newbury Community Resource Centre Limited Annual Report &Accounts 2025 Case Study Mlke Is a long.standln8 volunteer wlth us having 0ri8inally started at our unit at the local authorlty Recycllng Centre. He took a break for a few years due to experlenclng some health issues but returned to help out In our tralnln8 kltchen where he works wlth staff and supported volunteers to prepare meals. However, he has proved hlmself to be invaluable to the project because he also mentors many of the other volunteers wlth support needs of some sort- Includln8 learnln8 dlsabllltles and mental healthlssues. Mlke ha5 gone way beyond hls Inltlal intentlon to Just 'work in the kitchen,. He attends the &ffli re8ularty and some of the supported volunteers expressed an Interest. Mlke set up a 8ym 8roup for two volunteer5. Attendln8 the gym has provlded many benefits for the supported volunteers., It has Increased thelr self- confidence, improved thelr general health and wellbelng and also provlded a soclal outlet. Mlke has an abundance of Ilfe skllls and experlences whlch arè absolutely vltal for hls role and makes hlm such a key part of our team. Envlronmental Educatlon All our projects generate positive environmental outcomes. By engaging in the circular economy, we generate both social and environmental benefits. We operate a horticultural therapy centre, providing outdoor volunteering and training opportunities and a range of environmental education services aimed primarily at children. The schemes operated include: Grounds Maintenance.. We undertake grounds maintenance at Greenham Business Park (a 60 hectare site) and a number of other smaller sites around Newbury. This is undertaken in orderto deliver opportunities for volunteers and trainees to undertake accredlted training and develop a range of skills, includin8 landscapin& site maintenance, arboriculture and basic mechanical plant maintenance. Story Walks: A monthly story walk for pre-school children centred around a children's book 5Uitable for the season teaching children about nature and wildlife through story telling. Forest Flrst: A free toddler group run by the Project to enable children and parents to engage In learning about the natural world through outdoor play activities. Page 10 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Forest School Actlvlties: Based at a 2.4 hettare wood on the River Lambourn Sn Newbury provides children with an education in the importance of biodiversity and wildlife for the future, using outdoor play and learning. This involves the children in habitat buildin& river dippin8 and the identification of wildlife as well as learning about environmental Stewardship. Cose Study TM has been attendln8 Growlng 28ether slnce July 2021. She has a number of dlsab4lltle5 and health issues Includln8 8lobal development delayj Impalred vlslon, epllepsy and moblllty problems. When she flrst Jolned us, Thl was completely non-verbal, but she has become very soclable and learnt to say a few words Includln8 names of volunteers and staff. She has been encoura8ed to take part In all the actlvitles and she can now use a lawn mower Independently and push a ththeelbarrow for short dlstances. Her mum sald, Yhe support we've recelved from Growln8 28ether has made such a P051tive dlfference to both me and T. tt's helped her 8row In confidence. bulld better relatlonshlps, and belleve In herself more. For me, IYS been reassurlng to see her so en8a8ed and supported - and made me feel really proud of how far she's come." rl,. Page 11 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Our Year in Numbers 544 families and individuals in exceptional need received essential household goods free of charge to the value of £164,055 We reused 69.888 household items We reused 752 bicycles. They were either sold in the shop or provided to schools or individuals We had 181,942 customer visits Our generous communltles made 20,346 donations of furniture and household goods to us We made 4,187 household collections of donated goods and 2,413 deliveries of furniture to people's homes 54 adults and young people with learning disabilities were engaged in accredited learning We tested and repaired 3,873 electrical Items keepingthese items from entering landfill We re-used & recycled 910 tonnes of furniture, appliances and other bulky waste We saved people at least £4,621,220 by selling furniture and electrical items at low cost We saved 1,103 tonnes of C02 equivalent through diverting household items from landfill. Equivalent to taking 750 cars off the road for a year. or the amount absorbed annually by 50,120 trees Volunteers contrlbuted 89.187 hours of their time to the charity Over 8,540 sessions were attended at our Projects by young people and adults with learning disabilities or mental health issues Page 12 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Our Projects Our charitable activities are delivered through four projects. thecommunlty furnltureproJect Communlty Furnlture Projecl (CFP) Newbury The project's extremely popular used furniture and household goods reuse service, together with its lively volunteering opportunities, continued to operate successfully, despite the additional challenges. Our project enables people to donate items, knowing that they will be put to good use in helping others to improve their living conditions and benefiting the most vulnerable members of our local community. VZ4 Communlty Furnlture Project (CFP) Ba5in8Stoke The project, Ilke the Newbury project, provides practical support for people throu8h furniture, household goods and appliance reuse, together with varied volunteerin& supported volunteering and accredited training opportunities. Pa8e 13 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 XT&CS Training & Community Support Training and Comrnunlty Support (T&CS} T&CS focuses on the delivery of servlces for adults with learning disabilities, physical disabilitie5 andlor mental health issues, young people at risk of exclusion from education and youth offenders. Services include opportunities for individuals to learn prattical, transferable skills and build relationships in a flexible, supportive environment. We seek to inspire them to"think bi¢, in terms ofwhat they can achieve. AaGROWING V2GETHER Based on a 1.5 hectare site at Cottismore Park near Kingsclere, Growing 2gether funttions primarily as a horticultural therapy and environmental education centre for adults with learning disabilitie5, physical disabilities and/or mental health 155ues, young people at risk of exdusion from education and youth offenders. It also functions as a food growing hub for all members of the local community and provides a range of environmental educatlon activities for thildren. Page 14 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Governance NCRCS charitable objerts are to: The support of persons who are in need by reason of their youth, infirmlty, or disablement, poverty or Social and economic circumstances in particular but not exclusively by providing re-used furniture and household goods to support independent livlng. The support of people with special needs or at social dlsadvantage In particular by the provision of training and work opportunities. To advance the education of members of the general public, particularly in environmental matter5. To promote the conservation, protertion and improvement of the physical and natural environment for the public benefit by promotion of sustainable waste management practices including waste minimization, reductlon of pollution and harm from waste, reuse of waste, recycling of waste, and waste recovery activities. Publlc Benefit The Trustees have complied with the duty In section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. The company is a registered charity which: al provides re-used furniture and household goods to relieve those in need by reason of poverty, social or economic circumstances, youth, disability or infirmity; bl provides trainin& work and volunteerlng opportunities. particularly to those with special needs. or at a social disadvantage, and cl promotes conservation and protection of the natural environment. through our sustainable waste management practices. our environmental projects and through educating the general public. Governlng Document The or8anlsatlon Is a charitable company limited by guarantee, incorporated on 22 May 2000 and registered as a charity on 31 August 2000. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Artlcles of Association. In the event of the companv being wound up, members are required to contrlbute an amount not exceeding £10. Page 15 Newbury Community Resource Centre Limited Annual Report & Attounts 2025 Good Governance Trustees recognise the importance of good governance as fundamental to the success of the NCRC and have adopted the Charity Governance Code. The Board of Trustees The directors of the company are also charlty trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association, the members of the board are elected to serve for a period ofthree years, after which they must seek re- election at the next Annual General Meeting. All members of the Board of Trustees gave their time voluntarily and received no benefits from the charity. Board Cornposltion The more traditional business and professional 5ki11s are well represented on the board of trustees. In an effort to maintain this broad skill mix, members of the board are requested to provide a list of their skills land update it each yearl and in the event of particular skills being lost due to retirements, individuals are sought who possess the required skills. Methods of recruitment include approaches to individuals to offer themselves for election to the board. posting of vacancies through the local Volunteer Centre land recruitin8 from the existing volunteers supporting the orEanisation}. Risks The trustees are responsible for the management of the risks faced by the organisation. Detailed conslderations of risk are delegated to the Chief Executive. Risks are identified. assessed and controls are established throughout the year. A formal review of the charity's risk management processes is undertaken on an annual basis. Through the risk management processes established, thetrustee5 are satlsfled that anv major risk5 identified have been adequately mitlgated where necessary. It is recognised that Systems can only provide reasonable, but not absolute, assurance that major risks have been adequately managed. Safeguardir NCRC believes that it is always unacceptable for a child, young person or vulnerable adult to experience abuse of any kind and recognises its responsibility to safeguard the welfare of all children, young people and vulnerable adults. by a commitment to practice which protects them. The NCRC provides staff and volunteers with on-going training and guidance on procedures they should adopt in the event that they suspert a child, young person or vulnerable adult may be experiencing, or be at risk of, harm. Page 16 Newburycommunity Resource Centre Limited Annual Report & Accounts 2025 The NCRC also has polities and procedures to deter those unsuitable to work with children and vulnerable adults, including an application process that takes up references and carries OLrt DBS checks on staff and volunteers where applicable. NCRC believes that the welfare of children, young people and vulnerable adults takes priority over the individual's right to confidentiality, and we have a duty to disclose abuse to the appropriate agency if deemed necessary, without consent. In these circumstances, the Confidentiality Policy as set out in the NCRC Code of Conduct together with NCRC data protection procedures, may be overridden. The NCRC is subject to annual inspection by West Berkshire Council'5 Care QualityTeam with a focus on safeguarding and the quality of care delivered by the NCRC to children, young people and vulnerable adults. The trained and supported safe8uarding lead for NCRC Is Joe McKay, Project Manager, Trainlng & Community Support. NCRC. Partnershlps We maintain good working partnerships with a large number of statutory and private organisations, including Greenham Trust, West Berkshire Council, Basingstoke and Deane Borough Council, Hampshire County Council, Hart District Council, Reuse Network, Veolia Environmental Services, SNG Housing Group, Vivid Housing and NewburyTown Council. These relationships enable us to extend the range of services we offer to everyone'5 benefit. statement of Trustees, responslbllltles The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees, report and the flnanclal statements in accordance wlth applicable law and United Kingdom Accounting Standard5 Iunited Kingdom Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statement5 for each financial year. Under company Law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable ompany and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistentlv; observe the methods and principles of the Charities SORP IFRS 102}; make judgements and accounting estimates that are reasonable and prudent; Page 17 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 state whether applicable UK Accounting Standards IFRS 102} have been followed, subject to any material departures disclosed and explained in the financial st3tements; prepare the financlal statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accurary at any time the financial position of the charitable company and enable them to ensure that the financial Statements complywith the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. Dlsclosure of Information to audltor Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that: so far as that Trustee is aware, there is no relevant audit information of which the charity's auditor is unaware, and the Trustee has tsken all the steps that ought to have been taken as a Trustee in orderto be aware of any relevant audlt Information and to establish that the charity's auditor is aware of that information, Page 18 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Financial Overview Incoming resources during the year decreased by £77,40513.5%), wlth total resources expended increasing by £65,464 I3%1, resulting in a deficit of £78,54012024: surplus of £64,329). Of total resources expended, 97.6% were direct costs of charitable activltles, In line with the objectives of the organisation. The charity raised 80% of its income l£1,709,9851 through primary purpose trading during the year. Total income from donations and legacies received during the year decreased bv £68,770113.8%1 to £430,164. Cash and cash equivalents reduced by £107,643 to £282,628. In line with current legislation, the organisation contr.ibutes towards a Defined Contribution Pension Provision for all eligible staff. The organisation contributes 4%, with the employee contributing 3%. Should an employee wish to increase their contribution rate beyond this, the organisation will match fund up to a maximum of 6%. The or8anSsation also has obligations under a Final Salary scheme, from whlch it withdrew in 2010. As at the 30 November 2025, this stood at £31,503, which was the net present value of the deficit reduction contributions payable under the agreement relatlng to the deficit. This was a decrease in the year of £14,089. Reserves The Trustees believe that the charity should hold financial reserves because: 11 It ha5 no endowment funding and is entirely dependent for income upon donor funding and sales income from year to year which is inevitably subject to fluctuation and; 21 It requires protection against and the ability to continue operating despite catastrophic or lesser but damaging events. The trustees believe that the minimum level of reseNes should be equivalent to three months operating costs, costs of closure and costs of clearing leasehold obligatlons calculated and revlewed annually, and believe that the reserves should be built up to the desired level in stages consistent with the charity's overall financial position, and Its need to develop and maintain it5 charitable activities. The free reserves, i.e. those not tied up in fixed assets and designated funds. held at 30 November 2025, amounted to £121,882. whereas three months, expenditure lexcludlng depreciation) Is £528,077. Page 19 Newbury Community Resource Centre Llmited Annual Report & Account5 2025 Fundraisin8 The NCRC limits fundraising activity to applications to funders who publicly promote themselves as providers of grant support to charities. In order to ensure that such applications are not overly speculative, the organisation subscribes to a number of directories which provide updated information on active funders and the criteria they apply in availing support to applicants. The NCRC does not carry out direct marketing to individuals but does accept donations freely offered by the public. The charity is registered with the Fundralslng Regulator and abides by the Code of Fundraisin8 Practice. Donor5 and Supporters We could not operate without the generosity of the Greenham Trust. the thousands of people who give us items for reuse and the many grant-making trusts, companies, organisations and individuals who, with their generous donations, enable us to provide a range of services that benefit those in need in our local community. Page 20 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 Outlook The charity plans to contlnue the activitles outlined above in the forthcoming years, subjert to satisfartory funding arran8ements. As reported above what began as the Cost-of-Living Crisis has for many become situation of persistent poverty. Through the charitws Essential Household Goods Support scheme, we aim to continue meeting the need as best we can. Throu8h a combination of support from the Greenham Trust, the Government's Crisis & Resilience Fund and self- generated income we believe that we will be able to meet the challenge. The work to secure new premises for the Community Furniture Project Basingstoke has proved Successful. Basingstoke & Deane Borough Councll and Greenham Trust have both supported the Continuation of our project In Basingstoke on its current site and Greenham Trust are in the process of acquiring the property occupied by the project and our leases will then be transferred to them. This has secured our future on the site and we look forward to occupying the redeveloped premises in due course. Significant additional fundin8 above and beyond that which can be realised from regular trading activities, will be required and the fundraising campaign continues. The Board of Trustees has reviewed the details plans and forecasts for all of our activities and are confident that despite the financial pressures, we will continue to offer the highest levels of service, performance and tost effectiveness in the coming year. Approved bythe Board of Trustees on 23 April 2026 and signed on their behalf by: John Unsworth Choir of Trustees Page 21 Newbury Community Resource Centre Limited Annual Report & Account5 2025 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT Independent Auditorfs Report to the Members ofThe Newbury Community Resource Centr• Limlted Opinion We have audited the financlal staternents ofThe Newbury Communlty Resource Centre Limlted (the '¢haritable company'l for the year ended 30 November 2025 which comprise the Statement of Flnandal Activities, Balance Sheets and Statement5 of Cash Flows and notes to the financial statement5, includin8 3 summary of sl8nificant accounling policie5. The fin8n¢lal reporting frarnewoik that ha5 been applied in thelr preparètlon Ss applicable law and United Kin8dom Accounting Standards, including FRS 102 Thè Finantlal Reponlng Standard applicable in the UK arbd Republic of Ireland Iunlted Kingdom Generally Accepted AccountinB Practi￿￿. In our oplnion the finan¢ial statement5: 8ive a true and fair view of the state of charitable company'5 affair5 as at 30 November 2025 and of its incoming re50ur¢es and application of resources, includin& Its income and expenditure, for the year then ended- have been properly prepared in accordance with United Kingdorn Generally Accepted Accounllng Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnlon We condutted our audit in accordance wlth International Standards on Auditing IUKI IISAS IUKII and applicable law. Our respon51bilities under thosè standards are further described in the Auditor's responsibilitie5 for the audit of the linancial statements section ol our report. We are Independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statement5 in the UK, Including the FRC5 Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requlfements. We believe that the audit evidence we have obtained is sufficient and appropiiate to provide a basis for our opinion. Concluslons relatln8 to going ¢oncern In auditin8 the financial statemenis, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial 5taternents is appropriate. Based on the work we have performed, we have not identified any material uncertainties relatin8 to events or conditions thai. individually oi collectively, rnay cast 5i8nificant doubt on the d)aritable company's abllity to continue a5 a going concern for a period of at least twelve month5 from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with re$￿ct to going concern are described in the relevant section5 of this report. other Infornwtlon The other information comprises the Information included in the trustees, annual report, other than the financial 51atèments and our auditorfs report thereon. The trustees are regponsible for the other informatlon contained within the annual report. Our opinion on the financial statements does not cover the other Information and, except to the extent othetwlse expllcitly stated in our report, we do not express any form of assurance conclu5i0n thereon. Our responsibility is to read the other information and. In doing so, consider whether the other Information is materlally inconsistent with the flnancial statements or our knowledgè obtsined in the course of the audit or otherwise appèars to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whether this Bives rise to a material misstatement in the financial statements thÈmsÈlves. If. based on the work we have performed, wè conclude that there Is a material misstatement of this other information. we are required to report thai fact. We have nothlng to report in thi5 regard. Page 22 Newbury Community Resource Centre Limited Annual Report & Accounts 2025 THE NEWBURY COMMUNITY RESOURCE CENTRE UMITED INDEPENDENT AUDITOR'S REPORT Oplnlons on other matters pre%rlbed by th• Companies Art 2006 In our opinion, based on the work undertaken in the course of our audit.. the information Biven in the Trustees, Annual Report. which includes the Dlrectors, Report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is con515tÈnt with the financial statements,. and the Oire¢tors' Report induded within the Trustees. Annual Report ha5 been prepared in accordance wSth applicable le8al requirements. Matters on whlch we are requlred to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtalned in the course of the audSt, we have not identified material mis5tatÈments in the Trustees, Report Included within the Trustees. Annual Report. We have nothing to report in respect of the following matters where the Companies Act 2(K6 requires us to report to you if, in our opinion.. adequate accountin8 records have not been kept, or returns adequate for our auilit have not been received from branche5 not vSsited by us,. or the parent charltable company financial statements are not in agreeFnent with the accounting cords and returns,. or certaln disclosures of trustees, remuneration specified by law are not made.. or wè have not received all the information and explanatlons we fequire for our audit- or the trustees were not entitled to prepare the financial staternents irt accordan￿ with the small companies regime and takè advantage of the small companie5, exemption in preparing the Trnsteeg Annual Report and take advantage of the small companies exemptlon from the requlrement to prepare a Strategic Report. Respon5ibi1ltles of trustees As explained more fulby in the Trustees, Responsibilfties Statement set out on page 17, the trustees Iwho are also the directors of the charitable company purposes of cornpany lawl are responsible for ihè preparation of trustees, annual report and financial statements and for being satlsfied that they give a true and fair view, nd for such internal control as the trustees determine is ne￿sSary to enable the preparation of financial statements that are free from mateiial misstatement, whether due to fraud oi error. In preparing the flnancial statements, the trustees are responsible for assessln8 the charitsble ¢ompanVs ability to continue 35 a golng con￿r￿, di5clo5in& as applicablè, matters related to going ¢oncern and using the goin8 ¢oncèrn basis of accounting unless the trustees either intend to liquidate the charitsble company or to cease operations, or have no reallstic alternative but to d¢ so. Audhor's responsibilities for the audlt of the finandal statement5 Our objectives are to obtain reasonable assurance about whether the financlal statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a hi8h level of assurance, but is not a guarantee that an audlt conducted in accordancè with ISAS IUKI will always detect a materlal misstatement when it exists. Misstatements can arise from fraud or error and are ¢onsldered material if, individually or in the aggregate, they could reasonably be expected to influencè the economic decisions of users taken on the basis of these financial statements. Irre8ularilie5, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responslbillties, outlined above, to delect material rnisststements In respect of irre8ularities. including fraud. The speciflc procedures for this engagement and the extent to which these are 8pable of detecting Irregularities, including fraud is detailed below: Page 23 Newbury Comrnunity Resource Centre Limited Annual Report & Accounts 2025 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT We have considered-. the narure of the charity and sector, control environment and operalin8 perfomiance- the charlty's own asse55ment, Including assessments made by key management, of the risk5 that irregutarities may occur either as a result of fraud or error,. any matter5 we identified having reviewed the tharitls po14cies and prO￿d￿leS relating to.. identifyinB. evalualing and complying with laws and regulations and whether they were aware of any instances of nontsl expenditure 2.108.693 iio,oio 2218,703 2.153.239 Net lexpendlturelllncome (97,2931 18,753 178yOI 64,329 Transfers between funds Is 15N59 IISA591 Nèt movement in fvnds 181,8341 3,294 178,5401 64,329 Reconciliation of funds: Total funds brought forward Net movement in funds 331.018 181WI 197,368 3,294 528386 {78,5401 464,057 64,329 Total lunds carfled forward 249,184 200,662 449146 528,386 The Statement of Financlal Actlvllles includes all gains and losses recognised in the year. All activitie5 derNed from continuin8 operations during the abovè two financial period5. The notes on pages 29 to 48 form part of these financial statements. 26 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED IA Company Limited by Guarantee) NUMBER: 03998851 BALANCE SHEET AS AT 30 NOVEMBER 2025 2025 2024 Note Flxed assets Tan￿ble assets li 273,Z44 265,908 273,244 265,908 Current asset$ Debtors Cash at bank and in hand Z(Xl.462- 282.628 160.002 390,271 483.090 550,273 iiabilltles Creditors= amounts falling due within one year 13 1288,6341 1256,2971 Net current assets 194A56 293,976 Totsl assets less turrent Ilabllities Creditors= Amounts falling due after more than one year 467,7 559,884 117054) 131,4981 Total net assets 449,846 528.386 Funds Unrestricted funds Restrl¢ted funds 15 15 249,184 200.662 331,018 197,368 Total funds 449,846 S28.386 The finandal statements were approved by the Trustees. and authorised for issue on 23 April 2026 and re signed on their behalf, bv: John Unsworth Chalr of Trustees The notes on paBes 29 to 48 form part of thèse financial ststements. 27 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A Company Limited by Guarantee) STATEMEfr4T OF CASH FLOWS FOR THE YEAR ENDED 30 NOVEMBER 2025 Notè 2025 2024 Cash flows from operating acti¥Stles Net cash provlded by operatin8 artivities 17 169,8541 112,248 Cash flows from investlng actSvltle5 18 137,7891 111,3031 Change In cash and ¢ash equbvalents In the year <107.6431 100,94S Cash and cash equivalents at the be8inninB of the year 390,271 289,326 Cash and ush equivalents at the end of the yeay 282,628 390,271 The notes on pages 29 to 48 fomi part of these financial statements. 28 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A Company Llmlted by Guarantee) NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 ounting polScles The Newbury Community Re50urtè Centre Limited is a Charitable Company limited by guarantee incorporated in England and Wales. In the event of the charitable company belng wound up. the liability of the guarantee is £10 per member of the charitable company. The addres5 of its princlpal place of business is 8iven on page l and the natu￿ of Irs operations are Set out in the trustees, report. 1.1 Basls of preparation of financlal statements The Charitable Company Constitute5 a public benefit entlty as defined by FRS 102. The financial statements have been prepared in accordance with the Charitie5'. Statement of Recornmended Prauice (applicable to charities preparing their accounts In accordan￿ wlih the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 10211 (issued in October 20191 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, the Companies Act 2(￿6 and UK Generally Accepted A¢tountin8 Practice. The financlal statements are prepared on a golng concern basi5 under the historical c05t convention, modified to include certsin item5 at fair value. The financial statements are presenied in sterllng which is the functbonal currency of the charity and rounded to the nearest £. A summary of the principal accounting policies adopted (which have been applied consistently, except wheTe notedl, judgements and key sources of estimation un￿rtaIrnty, is set out below. 1.2 fjoin8 concern The financial statements have been prepared on a going concern basis as the trustees belleve that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statèments. The budgeted income and expenditurè Is suffficient with the level of rese￿eS for the Charitable Company to be able to continue as a 80in8 ¢oncern. 29 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 1.3 Income All incoming resources are Included In the Statement of Financial Activitie5 ISOFAI when the ¢harliy Is legally entitled to the income after any performance condition5 have been met, the amount can be measured rdiably and it is probable that the Income will be received. For donations to be recognised the Charity will have been netified of the amounts and the settlement date irb writing. If there are condltions attached to the donation and this requires a level of pèrformance before entitlement can be obtained then income is deferred until those conditlons are fully met or the fulfilment of those conditions is within the ¢ontrol of the charity and il is probable that they will be fulfilled. Donated fJclllties and donated professional services are reco8nlsed in income at their fair value when their economic benefit is probable, it can be measured reliab￿ and the charity ha5 control over the Item. Fair value is determined on the basi5 of the value of the gift to the charity. For examplè, the amount the charity would be willing to pay in thè open market for such facilities and services. A corresponding amount is recognised in expenditure. No amounl is included in the financial statements for volunteer time in line with the SORP. Further detail Is given in the Trustees, Annual Report. Furniture and other items donated for resale are not included in the financial statements until they are sold. as it Is not considered practicable to determine and iecord the fair value of such items. Therefore. such items are not included as stock Income from IradinÈ activities includes Income earned from fundraising events and tradlng activitie5 to raise funds for the charity. Income is re￿iVed in exchan8e for supplying good5 and servi￿5 in order to raise fund5 and is recoBnised whèn entitlement has occurred. Income from 8ovefnment and other Brants are Yecognised at fair value when the charoty has entltlement after any performance conditions have been met. it is probable that the income wlll be received and the amount can be measured reliably. If entitlement is not rnet then these amounts are deferred. 30 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A Company Llrnited by Guarantee) NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 IA Expendlture All expenditure is atcounted for on an accruals basis and has been classified under headings that aggregate all ¢osis related to the cat￿Ory. Expenditure is recognised where there is a legal or constructive obliBation to make payments to third parties, It is probable that the settlement will be required and the amouni of the obli8ation can be measured reliably. It 15 cate8orised under the following headings: Costs of rai5in8 funds includes all expenditure incurred by the charltable company to raise funds for its charitable purposes and Include5 Costs of all fundralslng activities events and non-charitable tradlng. Expendlture on charitable attlvitles Is incurred on directly undertaking the activitÉes which further the charitable company's objectives. as well as any associated support costs. Irrecoverable VAT is charged as an expense against the actlvity for which eypenditure arose. 1.5 Tan8lble fwd assets and depre¢i•tion Assets costing £500 or more are capitalised as tangible fixed assets and are carried at cost, net of depreciation and any provision for impairment. Depreciation is prowded on all tangible flxed assets, at rate5 calculated to write off the cost of each asset on a straight-line basis over it5 experted useful life, as follows: Motor Vehlcles Warehouse equipment Orchard Office equlpment Improvements to property Hortlcultural equipment Straight line over 10 years straight Ilne over 5 years Straight line over 40 years Straight line over 3 years Straight line over 20 year5 Straight line over 20 years 1.6 Debtors Debtors wlth no stated interest rate and receivable within one year are recorded ai transactlon price. Anv losses arislnE from impairment are recognised in expendlture. 1.7 LlabllStles Liabilities are recognhsed when there is an obli8atlon at the balan￿ sheet date as a ￿sUIt of a past event, It is probable that a iransfer of econornic benefit will be iequired In settlement. and the amount of the settlement can be estlmated reliably. Liabilities are recognised at the amount that the Charltable Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the good5 of services it must provide. Loan5 and borrowings are initially recognised at the transaction price includsng transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangèment constitutes a finance transaction it is measured at present value. 31 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A Company Limited by Guarantse) NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 1.8 Leased assets Rentsls under opèratlnB leases are char8ed on a strai8ht-line basls over the lease term. 1.9 Taxatlon The Charitable Company is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a Charltable Company for UK corporation tax purposes. Accordingly. the Charitable Company is potÈntlally exempt frorn taxatlon in respect of income or capltal gains recelved withln categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992,. to the extent that such income or gains are applied excluslvely to charitable purpose5. 1.10 Penslons benefits The charltable company operates a defined benefit pensbon scheme. The scheme is a multi*mployer scheme where it is not Possible, in the normal course of events. to identify on a consistent and reasonable basis, the share of underlying assets and liabillties belonging to Indlvidual participatin8 employers. Therefore, as requlred by FRS102'Retlroment and p05t-employment benefit5', the charitable company a￿oUnts for this scheme as if it was a defined contribution scheme. The charitable company Is under obligation to make payments to fund the deficit on the scheme, and as such the net presènt value of these contribution5 are recognised as a liability. Any change in the liability is recognised as an expense in the Statement of Financial Activities. The charitable company also operates a defined contribution pension scheme. Contributions payable for the year are charged in the Statement of Flnancial Activities. 1.11 Fund accountln8 Unrestricted funds are awdilable for use at the discretlon of the trnstees in furtherance of the 8eneral objective5 of the charitable tompany and which have not been designated for other purpose5. Restricted fLtnds are funds which are to be used In accordance with speclflc restfictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering su¢h funds are charged aEalnst the specific fund. The aim and use of each restricted fund is set out In the notes to the firtancial statements 32 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED IA Company Limlted by Guarantee) NOTES TO THE ANANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 2. judgements and key sources ol est1matl￿ uncertalnty Accounting Èstimates and Judgements are continually evaluated and are based on hlstorlcal experien and other factors, Intluding expectations of future events that are believed io be reasonable under the circumstances. Crltlcal accountingestlmate5 and a55umptions The charitable company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will,. by definitlon, seldom equal the related actual results. The estimates and assumption5 that have a slgnificant risk of Causing a material adjustment to the. carrying mounts of assets and liabilities within the next financial year ore dSscussed below. Crltlcal areas of Judgement Tanglble flxed assets Tanglble fixed assets are depreciated over their useful Ilves taking into account residual value5, where appropriate. The actual lives of the assets and residual values are assessed annuolly and May vary depending on a number of factors. Residual value 055e￿Ments consider issues such as the remainin8 lrfe of the asset and projected disposal values. Penslons The PTesent value of the Soclal Housing Pension Stheme dèfined benefit liability depends on a number of fa¢tors that are determined on an actuarial basi5 uslng a varlety of assumptions. The assumptions used in deiermining the net C05t lincomel for pensions inclu¢Je the discount rate. Any changes in these assumptions, which are disclosed in note 21, wlll Impact the carrying amount of the penslon liability. Furthermore a roll forward approach which projects results from the latest full actuarial valuation performed at 30 September 2023 has been used by the actuary In valulng the pensions liability at 30 November 2025. Any differences bètween the figures derived from the roll forwards approach and a full actuaiial valuation would impact on the carrying amount of the pension liabilitv. 33 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 Incorne from donation5 and legacles Unrestrlcted fund5 2025 R•strlcted funds Total fund5 2025 Totsl funds 2024 2025 Dc•natOons 5,157 S63 5,720 16.IXIO 285.831 122,613 10,862 22,430 311,848 IS3,794 Capital grants Grant making fund5 Statutory grants 16.000 43,ZOQ 69.000 241631 53,613 301,401 128.763 430.164 498,934 Income from charltable artivities Unrestrirted funds 2025 Rertrlcted funds 2025 Tolal funds 2025 Total funds 2024 Shop sales and training placements 1,709,985 1.709.985 1,718,622 34 THE NEWBURY COMMUNifi RESOURCE CENTRE LIMITED {A Cornpany Limlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 Expendltsre on ralsinKfvnds Unrestrirted fund5 2025 Restrirted tund5 2025 Total funds 2025 Total funds 2024 Staff Fundraising Publiclty 45,189 736 8,185 45,189 736 8A1)4 32,775 686 12.283 219 54.110 219 54329 45,744 Expenditure On charltable artivities DSrectly undertaken 2025 Support 2025 Total 2025 Cost of charitable actlvitie5 1,921,156 243,218 L164,374 Comparative$forthe prevlous ￿ar Direttlv undertsken 2024 Support 2024 Total 2024 Cost of charStable actlvities 1,877,035 230.460 2.107.495 35 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED IA Company Lirnited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 30 NOVEMBER 2025 Support costs Total 2025 Total 2024 14ote SupportStaff Costs Depreciation and amortisation Bad debt expense Office expenses Trainin8 and travel eKpenses Bank charges Payroll Fees Legal and professional fees Pension defitit cost Loss on disposal of fixed a55et Irrecoverable VAT Governance costs 81.045 30,467 76.103 28.683 725 63,946 11,920 12.477 5.295 7,527 15,6741 1.167 19.741 8,550 64.298 8,580 12,856 8,672 152 23,158 8,150 243,218 230,460 Goveman¢e costs 2025 2024 Fees payable to the charltable company's auditor for the audit of the annual accounts Fees payable to the charitable company's auditor in respect of- All non-audit service5 not included above 6A50 6.450 1,700 2.100 8,150 8,550 36 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 20Z5 Staff costs 2025 2024 Wages and salarie5 Social security cosls Pension costs 1,241,726 119.668 53.611 1.148,777 91.522 44.358 IA15,005 4,673 1.284,657 3,560 Other staff related costs IA19,678 1,288,217 Staff numbers The average numbers of persons lincluding senior management team) èmployed by the Charltable Company during the perlod was as follows.. 2025 2024 No. Administration and support Marketing and fundraising Operational staff 49 47 53 50 Higher pald staff The numbei of employees whose employee benefits lexcludinB employer pension costs) exceeded £60.000, was.. 2025 No. 2024 No. £60.001- £70.000 Key manag•ment personntl The total amount of employee benefits recelved by key management personnel is £334,70312024.' £331,315). 10. Trustee remuneralion and expense5 The trustees neither received nor waived any remuneration during the year12024.. £NIII. No trustee received èxpenses in the year 12024.. nill. 37 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMrfED IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 11. Tanglblefixed assets Property Improvements Horticultyral equlpmenl Equipment fvlotorvehicles Totsl Cost or¥aluatlon At l December 2024 Additions Disposals I40￿16 15.909 86,576 3.974 146,736 J7,920 118AIS 592,143 37003 At 30 November 2025 255,9Z5 90,550 164,656 629.946 Depre¢i•l At l December 2024 lo8￿86 IO%44 67,876 2,945 68.SS9 14.179 80.914 326235 30867 Charge foi the year On disposals At 30 November 2025 119,530 70A21 82,738 83.613 356,702 Net bookvak At 30 Novernb2r 2025 136.595 19,779 81,918 35.ZOZ 273,244 At 30 NoyemtrRr 2024 131,130 18,700 78,171 37,901 265.908 12. Debtors 2025 2024 Trade debtors P￿paYrnents and accrued incomè VAT receivable A92 81.776 10.194 86,088 62,363 11.551 ZTr)A62 160,002 THE NEW8URY COMMUNITY RESOURCE CENTRE LIMITED IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 30 NOVEMBER 2025 13. Cfedlttys: amourtsfalllng due within one y•ar 2025 2024 Trade cletj￿0rs Accruals and deferred incorne Other creditors PensSon Ilablllty Othertai8tlon and sodal securitv 39264 197,654 10,154 13,649 27,913 19,308 194,126 9,613 14,094 19.156 21 256,297 Deferred in¢i)m• 2025 2024 Deferred Income at start of year Re50urce5 deferred duTing the year Amounts released from prevlous periods 178A08 155.616 1178,4081 132,326 178,408 1132,3261 Deferred income at end ot year 155,616 178,408 Deferred Income relates to.. al Grant income received in advance of meetlng Incorne reco8nif%Dn crlteria. and bl Essential Household Goods Scheme unspent fijnds. 14. Credltors: arnountslallln8due after more than on• year Note ZOZ5 2024 Pens1on Itabilty 21 17A54 31.498 39 THE NEWBURY COMMUNITY RESOURCE CENTRE UMifED IA Company Limited by Guaranieel NOTES TO THE FINANaAL STATEMEMrs FOR THE YEAR ENDED 30 NOVEMBER 2025 IS. Funds Balance at I Dec 2024 Gain5,105ses & translers BalarKe at 30 Nov2025 Incomè Expendlture Unrestrlrted funds General fund5 334018 2,OIIAOO 11108ffi931 15,459 Restrirfed generalfund$ Income funds Fixed Assetfunds 51075 143N93 128.763 IIIofvMI 117.9081 2,449 54,720 145,942 197.368 128,763 Iiio,oioi 115,4591 200.662 Total fund$ 528.386 2.140,163 12318.7031 449.846 Included ￿thIrt unrestricted intorne is core costs fundlng from G￿enharn Trust amountlngto £238,13112024.. £241,472). This funding is accounted lor In the period to whlch It relaies. Wlth any amounts recelved in advarKe for future perlods in8 carried as deferred irKorne as setout In note 13. Comparatlve Inforrnation in respect of the preceding perlod is asfollows- Balance at I G*s. losses & transfers Balancè at30 Nov 2024 2023 I￿orne Expftndfture fjeneral Un￿strICted funds 276,645 2,0￿.732 11.961,8101 15.451 331.018 Restritted funds Income funds Fixed Asset funds 30,968 156,444 216.836 119L4291 12.5001 112,9511 115.4511 53.875 143,493 187.412 216.836 1191,4291 197,368 Total I￿ndS 464.057 2,217,568 12,153.2391 528,386 40 THE NEWBURY COMMUNITY RESOURCE CENTRE UMITED IA Compony Umbted by Guarantee) NOTES TO THE FINANCIAL sfATEMENTS FOR T￿E YEAR ENDED 30 NOVEMBER 2025 Balance at i Dec 2014 Gain5. losses & traI￿er5 Balance at 30 No¥ 2025 Incom• Expendlture Basing5toke and Deane Borough CourKil B&QNeighbourly Foundation 2,791 24,000 126,7911 6.700 11,716 11,4841 15231 15,2161 110.3361 Gteenham Trust ii,ocrf) 11057 ampshlre County Council 1,294 12531 Berkshire Communlty Foundation 2.4 2,5[￿) 13,5001 En8lefield Charitable Trust 4.000 I,oc¥J 500 NewburyTown Council Rotsry Club Isooi The Alchemy Foundation The Amm¢0 Chartsble Trust 554 15541 soo Isooi RS BrOwn￿e5 Charitsble Trust 200 12001 140,0001 Calleva Foundatio The Lord Faringdon CharitableTrust 40.000 1.000 (1.0001 The Payne-Gallwev CharltableTru5t 2.500 12.5001 The Soutercharitable Trust 2,(￿0 2.¢XO 20,066 I?,￿0) The Syder FOur￿atIOn West Berkshlre Council Donatlons frorn individuals 12,0001 45M(N) 130,2051 34,861 354 563 13561 2,449 561 Restricted fixed assets 143,493 145.942 Total restrirted funds 197368 128,763 Iiio,&io) 115,4591 200A62 41 THE NEWBURY COMMUNITY RESOURCE CENTrE UMITEO IA Company Limlted by Guaranteel IIOTESTO ThE FINANCIALSTATEME￿S FOR THE YEAR ENOED 30 NOVEMBER 2025 16. Analyslsof net assets betweenfunds Restrl¢tod funds 2015 Unrestrkted fund5 2025 Total fvnds 2015 Tanglble flxed assets Current a55ets Creditors due within one year Creditors due aftermore t￿n one year 145.942 54.720 127J02 428.370 IZ88,6341 117,854 249,184 273.244 483.090 1288,6341 117.8541 449.846 2￿,662 AThalys15 of net assets between funds- prb)r year AeMrkt•d fund5 2024 Unreslrirted funds 20Z4 Total lund$ 2024 TangIb￿ fixed assets Current assets Credltors due within one year Creditors due after more than one yèar 143.493 53A75 122,415 4%.398 1256.297 131,4981 265.908 550.273 1256,2971 131A981 197,368 331.018 528,386 42 THE NEWBURY COMMUNifi RESOURCE CENTrE LIMITED {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 17. Re¢on¢iii*lw ol net expendhure io net cashflowfrom operatlng activities 2025 2024 Net Income / (expenditu￿) for the reportin8 period las per the statement of flnanclal activitse51 Adjusted for.. Interest receivable DeprÈciatlon and impairment of tangible fixed assets (Prolitl 11055 on disposal of tanglble fixed a55ets IlncreasÈl I decreasè in debtors Increa* I (th¢￿aSe} in creditors N*t ush Pro￿ded by I lus•d Inl Qpefatin¥ A¢tlvltle$ 178.5401 64.329 1141 30A67 1121 28,683 11,1671 53,187 132,7721 14ON601 18,693 169.8541 112,248 I& Cosh flows frorn In¥e51iw arti¥ltles Z025 2024 Proceeds from the sale of tangiNe ftxed assets Purchase of tangible flxed assets Interest receNed 3,167 114.4821 12 137W31 14 Net ¢o$h provlded byl lused Inl Operatbn¥ Attivlties 137,7891 111,3031 43 THE NEWBURYCOMMUNrrY RESOURCECENTRELIMITED IA Company Limited by Guarantee) NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 19. An3￿$11 of cash and cash equivèlents 202S 2024 Cash in hand aThd at bank 282.628 390.271 T¢)tsl cash and cash equfvalonts 282,6Z8 390,271 ZO. Ama￿4$01￿anges In net c4shlldebt} At30 Plovember At l De(ernb•r 2024 Cashflows 2025 Cash 390,271 1107,6431 1107ffj431 Z8Z.628 Net