REGISTERED COMPANY NUMBER: 04046637 (England and Wales) REGISTERED CHARITY NUMBER: 1083852
FARNBOROUGH CHRISTIAN OUTREACH
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Shaw Gibbs Limited Wey Court West Union Road Farnham Surrey GU9 7PT
FARNBOROUGH CHRISTIAN OUTREACH
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 July 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 14 |
| Detailed Statement of Financial Activities | 15 |
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES for the year ended 31 July 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's objects are to promote the advancement of Evangelical Christian Causes on an ecumenical basis.
The principal activity of the charity during the year was the running of the Christian Resources Centre known as 'The Triangle', In addition the Charity sponsored and facilitated a number of local events.
Public benefit
The Charity is of public benefit in the following ways:
-
Provision of literature and other supplies and resources for local Churches and schools;
-
Supplier of fairly traded goods to the local community, including the local Borough Council;
-
Employment of special needs people;
-
Employment of voluntary staff and an active participant in work experience scheme.
ACHIEVEMENTS AND PERFORMANCE
Bookshop sales for the year decreased to £84,426 (compared to £86,459 in 2024).
Voluntary income including legacies for the period was higher at £66,782 (compared to £46,507 in 2024). There were £1,617 grants received in the current year (2024: nil). Expenses increased with total resources expended of £150,605 (from £136,960 in 2024) meaning there was a net income for the period of £661 (2024; net expenditure of £3,737).
The Charity's subsidiary, The Triangle Café Limited had a turnover for the period of £47,566 (compared to £53,188 in 2024). They did not receive any grant income this year and the loss of Wilko has reduced footfall significantly and with increased staffing and other costs the result was a loss of £33,844 (compared to a loss of £15,122 in 2024). The café operations have since been streamlined resulting in a significant reduction in expenses and staff overheads and next year’s results are expected to be much improved.
FINANCIAL REVIEW
Principal funding sources
The main sources of income, derive from the sales of Christian literature and media, donations from members and supporters.
Investment policy
Under the memorandum and articles of association, the charity has the power to make any investment which the trustees see fit, after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification.
Reserves policy
The General Fund represents the Unrestricted funds arising from the past operating results. It also represents the free reserves of the charity, as all fixed assets are included in the fixed asset fund, which is a designated fund. The general fund balance was £43,106 at 31st July 2025 and the aim of the trustees is to build this up to a balance which represents 3 months of operating expenditure.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 1
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES for the year ended 31 July 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Charity constitution
Farnborough Christian Outreach (a company limited by guarantee) was incorporated on 3rd August 2000, and was registered with the Charity Commission for England and Wales on 28th November 2000. On 31st January 2001, all of the assets and liabilities of the Farnborough Christian Outreach Trust (an unincorporated Charity, registered under he charity number 285306) were gifted to Farnborough Christian Outreach.
On 15th December 2000, The Triangle Café Limited (company number 4126321) was incorporated, with the sole issued share being held by Farnborough Christian Outreach. This company carries out the activities of the café situated in the new premises of Farnborough Christian Outreach, to which the charity moved in November 2001.
The company was established under its Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.
Appointment and induction of trustees
Trustees are appointed by the members and at each Annual General Meeting, one third of Board Members will retire from office. On retirement, trustees are eligible for re-election. The Articles of Association provides for a minimum of three trustees and no maximum. The trustees are also responsible for the appointment of new members.
New trustees undergo an induction to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the decision making processes and the recent performance of the charity. They meet key employees and the other trustees.
Organisational policy
The trustees meet every 2 months. The general manager is appointed to manage the day to day operations of the charity. To facilitate effective operations, the general manager has delegated authority, within the terms of delegation approved by the trustees, for operational matters including finance and employment.
Risk assessment policy
The trustees have worked with staff to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04046637 (England and Wales)
Registered Charity number
1083852
Registered office
64 Kingsmead FARNBOROUGH Hampshire GU14 7SL
Trustees
C M Mason J R D Edwards (Resigned 24 Sept 2025) D R Palmer Mrs S M Smith G Dorey
Page 2
FARNBOROUGH CHRISTIAN OUTREACH
REPORT OF THE TRUSTEES for the year ended 31 July 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Shaw Gibbs Limited Wey Court West Union Road Farnham Surrey GU9 7PT
Approved by order of the board of trustees on ....................................... and signed on its behalf by:
Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FARNBOROUGH CHRISTIAN OUTREACH
Independent examiner's report to the trustees of Farnborough Christian Outreach ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Lance Redman FCCA FCA
Shaw Gibbs Limited Wey Court West Union Road Farnham Surrey GU9 7PT
Date: ..........................................
Page 4
FARNBOROUGH CHRISTIAN OUTREACH
STATEMENT OF FINANCIAL ACTIVITIES
| for the year Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Bookshop Other income Total EXPENDITURE ON Charitable activities Bookshop NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
for the year | ended 31 July 2025 Unrestricted funds £ Restricted fund £ 2025 Total funds £ 2024 Total funds £ 66,782 - 66,782 46,507 84,426 - 84,426 86,459 58 - 58 57 |
|---|---|---|
| 151,266 - 151,266 133,023 |
||
| 150,605 - 150,605 136,760 |
||
| 661 - 661 (3,737) 42,268 177 42,445 46,182 42,929 177 43,106 42,445 |
The notes form part of these financial statements
Page 5
FARNBOROUGH CHRISTIAN OUTREACH
BALANCE SHEET
31 July 2025
| FIXED ASSETS Notes Tangible assets 7 Investments 8 CURRENT ASSETS Stocks 9 Debtors 10 Cash at bank and in hand CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ Restricted fund £ 3,242 - 1 - |
2025 Total funds £ 2024 Total funds £ 3,242 378 1 1 |
|---|---|---|
| 3,243 - 60,301 - 6,826 - 10,824 177 |
3,243 379 60,301 62,012 6,826 6,914 11,001 5,538 |
|
| 77,951 177 (38,265) - |
78,128 74,464 (38,265) (32,398) |
|
| 39,686 177 |
39,863 42,066 |
|
| 42,929 177 |
43,106 42,445 |
|
| 42,929 177 |
43,106 42,445 42,929 42,268 177 177 43,106 42,445 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
FARNBOROUGH CHRISTIAN OUTREACH
BALANCE SHEET - continued
31 July 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................ and were signed on its behalf by:
Trustee
The notes form part of these financial statements
Page 7
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the yearend date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment
- 20%-33% on cost
Related party disclosures
The charitable company has taken advantage of exemption, under the terms of Financial Reporting standard102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund
General unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Funds designated or a particular purpose by the trustees are also unrestricted.
Restricted funds are those subject to specific trusts, which may be declared by the donor or with their authority. The restricted funds of the charity are restricted income funds which are expendable at the incretion of the trustees in furtherance of some particular aspects of the activities of the charity.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2025
2. SUPPORT COSTS
| SUPPORT COSTS | |||
|---|---|---|---|
| Governance | |||
| costs | |||
| £ | |||
| Bookshop | 2,434 | ||
| Support costs, included in the above, are as follows: | |||
| 2025 | 2024 | ||
| Total | |||
| Bookshop | activities | ||
| £ | £ | ||
| Auditors' remuneration for non-audit work | 2,434 | 2,800 | |
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Auditors' remuneration for non-audit work | 2,434 | 2,800 | |
| Depreciation - owned assets | 695 | 336 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Retail and administration No employees received emoluments in excess of £60,000. |
2025 2 |
2024 2 |
|---|---|---|
continued...
Page 9
FARNBOROUGH CHRISTIAN OUTREACH NOTES
TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2025
| 6. | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL | ACTIVITIES | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | fund | funds | |||||
| £ | £ | £ | |||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies | 46,507 | - | 46,507 | ||||
| Charitable activities | |||||||
| Bookshop | 86,459 | - | 86,459 | ||||
| Other income | 57 | - | 57 | ||||
| Total | 133,023 | - | 133,023 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities | |||||||
| Bookshop | 136,760 | - | 136,760 | ||||
| NET INCOME/(EXPENDITURE) | (3,737) | - | (3,737) | ||||
| RECONCILIATION OF FUNDS | |||||||
| Total funds brought forward | 46,005 | 177 | 46,182 | ||||
| TOTAL FUNDS CARRIED FORWARD | 42,268 | 177 | 42,445 | ||||
| 7. | TANGIBLE FIXED ASSETS | ||||||
| Improvements | Fixtures | ||||||
| to | Plant and | and | Computer | ||||
| property | machinery | fittings | equipment | Totals | |||
| £ | £ | £ | £ | £ | |||
| COST | |||||||
| At 1 August 2024 | 85,497 | 15,867 | 25,566 | 293 | 127,223 | ||
| Additions | - | - | 2,945 | 614 | 3,559 | ||
| At 31 July 2025 | 85,497 | 15,867 | 28,511 | 907 | 130,782 | ||
| DEPRECIATION | |||||||
| At 1 August 2024 | 85,497 | 15,776 | 25,566 | 6 | 126,845 | ||
| Charge for year | - | 85 | 486 | 124 | 695 | ||
| At 31 July 2025 | 85,497 | 15,861 | 26,052 | 130 | 127,540 | ||
| NET BOOK VALUE | |||||||
| At 31 July 2025 | - | 6 | 2,459 | 777 | 3,242 | ||
| At 31 July 2024 | - | 91 | - | 287 | 378 | ||
continued...
Page 10
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2025
8. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |||
|---|---|---|---|
| Shares | in | ||
| group | |||
| undertakings | |||
| £ | |||
| MARKET VALUE | |||
| At 1 August 2024 and 31 July 2025 | 1 | ||
| NET BOOK VALUE | |||
| At 31 July 2025 | 1 | ||
| At 31 July 2024 | 1 |
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
The Triangle Cafe Limited
Registered office: Nature of business: Coffee shop
| % Class of share: holding Ordinary 100 Aggregate capital and reserves Loss for the year 9. STOCKS Stocks |
2025 £ (107,188) (33,844) 2025 £ 60,301 |
2024 £ (73,343) (15,122) 2024 £ 62,012 |
|---|---|---|
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Other debtors | 75 | 234 | |
| VAT | 3,646 | 3,579 | |
| Prepayments and accrued income | 3,105 | 3,101 | |
| 6,826 | 6,914 |
continued...
Page 11
FARNBOROUGH CHRISTIAN OUTREACH NOTES
TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2025
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other loans (see note 12) Trade creditors Social security and other taxes Other creditors Sundry Creditors Accruals and deferred income |
2025 2024 £ £ 3,500 3,500 38,460 15,910 1,023 933 522 485 4,084 6,550 (9,324) 5,020 38,265 32,398 |
|---|---|
12. LOANS
An analysis of the maturity of loans is given below:
| Amounts falling due within one year on demand: Other loans 13. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year Between one and five years 14. MOVEMENT IN FUNDS |
2025 2024 £ £ 3,500 3,500 2025 2024 £ £ 15,000 15,000 2,500 2,500 17,500 17,500 |
|---|---|
| Unrestricted funds General fund Restricted funds Buy a bulb TOTAL FUNDS |
At 1.8.24 £ Net movement in funds £ At 31.7.25 £ 42,268 661 42,929 177 - 177 42,445 661 43,106 |
|---|---|
continued...
Page 12
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2025
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ Resources expended £ Movement in funds £ 151,266 (150,605) 661 |
|---|---|
| 151,266 (150,605) 661 |
Comparatives for movement in funds
| Comparatives for movement in funds | ||||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.8.23 | in funds | 31.7.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 46,005 | (3,737) | 42,268 | |
| Restricted funds | ||||
| Buy a bulb | 177 | - | 177 | |
| TOTAL FUNDS | 46,182 | (3,737) | 42,445 | |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 133,023 (136,760) (3,737) 133,023 (136,760) (3,737) |
|---|---|
continued...
Page 13
FARNBOROUGH CHRISTIAN OUTREACH
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Buy a bulb TOTAL FUNDS |
At 1.8.23 £ Net movement in funds £ At 31.7.25 £ 46,005 (3,076) 42,929 177 - 177 46,182 (3,076) 43,106 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 284,289 (287,365) (3,076) 284,289 (287,365) (3,076) |
|---|---|
Unrestricted funds
The fixed asset fund is a designated fund and represents the net book value of fixed assets of the charity, for the purpose of freeing reserves that are not available for expenditure. Transfers relate to assets capitalised during the year, and outgoing resources represent depreciation charged during the year.
Restricted Fund
The Buy a Bulb fund is as a result of an appeal to pay for the new LED lights installed in the bookshop to enhance the displays.
15. RELATED PARTY DISCLOSURES
The charity owns the entire share capital of The Triangle Cafe Limited (referred to as the cafe), a limited company registered in England and Wales.
The charity did not receive a management charge from the cafe this financial year (2024: £nil).
At the end of the year, a balance of £105,792 was due from the cafe (2024: £71,948).
Page 14
FARNBOROUGH CHRISTIAN OUTREACH DETAILED
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Charitable activities Bookshop sales Other income Interest on pension scheme liabilities Total incoming resources EXPENDITURE Charitable activities Wages Pensions Rates and water Insurance Light and heat Telephone and internet Postage and stationery Advertising Sundries Purchases Rent Internet expenses Repairs and maintenance Dues and subscriptions Plant and machinery Fixtures and fittings Computer equipment Bank charges and interest Credit card costs Provision against subsidiary Support costs Governance costs Auditors' remuneration for non-audit work Total resources expended Net income/(expenditure) |
2025 £ 2024 £ 65,165 46,507 1,617 - |
|---|---|
| 66,782 46,507 84,426 86,459 58 57 |
|
| 151,266 133,023 15,759 16,286 - 1,194 552 (319) 1,655 2,692 14,556 12,359 442 3,638 1,304 1,152 477 400 218 108 49,545 54,242 17,954 12,996 242 763 5,492 15,765 270 255 85 330 486 6 124 - 422 405 603 644 37,985 11,044 |
|
| 148,171 133,960 2,434 2,800 |
|
| 150,605 136,760 661 (3,737) |
This page does not form part of the statutory financial statements
Page 15