The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. 

## It is my responsibility to: 

* examine the accounts under section 145 of the Charities Act, * to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. 

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity anda comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below 

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: 

* accounting records were not kept in accordance with section 130 of the Charities Act or * the accounts do not accord with the accounting records 

| have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## STEPHEN JORDAN 

STAVA Accountancy Limited Basepoint Business Centre Rivermead Drive Swindon SN5 7EX 



Walcot Community Shop - Company No. 04127413 

eee WALCOT COMMUNITY SHOP 

Management Committee Report and the Financial Statements for the year ended 31st December 2023 

Registered Charity Number (England & Wales): 1085249 



Walcot Community Shop - YE Dec 2023 (version 1) 

## WALCOT COMMUNITY SHOP 

Report of the Management Committee for the year ended 31st December 2023 

The Directors present their report and the financial statements for the year end 31st December 2023 

## PRINCIPAL ACTIVITY 

THE RELIEF OF POVERTY AND THE ADVANCEMENT OF EDUCATION IN THE DESIGNATED AREA BY THE PROVISIONS OF TRAINING AND OF A MEETING PLACE FOR LOCAL COMMUNITY GROUPS. 

Registered Company Number (England & Wales): 04127413 Registered Charity Number (England & Wales): 1085249 

Registered Office: 

Walcot Community Shop Unit 5 Sussex Place Walcot Swindon SN3 3FS 

Bankers: Barclays Bank 28 Regent Street Swindon SN1 1QB 

The directors who served during the period were: 

## Directors: 

Peter Mallinson Joseph Haracz (Company Secretary) Caroline Mallinson 

## Retiring Directors: 

The Company, incorporated under the Companies Act, is limited by guarantee and does not have a share capital. The Company is registered as a charity with the Charity Commissioners of England and Wales. 

## SMALL COMPANY RULES 

These accounts have been Prepared in accordance with the provisions applicable to companies subject to the small companies regime. This ; report was approved by the trustees on \ \ 3 | 2024 and signed on its behalf. ‘ 

Joseph Haracz (Company 

ry 

Page 2 



Walcot Community Shop - YE Dec 2023 (version 1) 

## WALCOT COMMUNITY SHOP 

## BALANCE SHEET AS AT 31ST DECEMBER 2023 


**----- Start of picture text -----**<br>
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Notes|Restricted,|Unrestricted.|Total2023|Total2022|
|£|£|£|£|
|Tangible|Fixed Assets|-|2,721|2,721|3,627|
|Current|Assets|
|CashDebtorsat bankand|Prepaymentsand|in|hand|-=|171,884=|171,884.|156,532=|
|Creditors:|Amounts|falling|due|
|within|one year|=|210|210|210|
|Net|current|assets|
|-|171,674|171,674|156,322|
|Net|assets|
|-|174,395|174,395|159,949|
|Funds|
|Restricted|funds|
|Unrestricted|funds:|=|-|
|Retained|Surplus|-|13,685-|13,685-|32,079-|
|Funds|b/d|-|170,027|170,027|137,948|
|Total funds at 31st December 2023|-|183,712|183,712|170,027|
|For the year ending|31st|December|2023|the company|was|entitled|to|exemption|from|audit|under|
|section|477|of the|Companies|Act 2006|relating|to|small|companies.|
|The|members|have|not|required|the company|to|obtain|an|audit|in|accordance|with|section|476|of|
|the|Companies|Act|2006.|
|The|directors|acknowledge|their|responsibility|for complying|with|the|requirements|of the|Act|with|
|respect|to|accounting|records|and|for|the|preparation|of|accounts.|
|These|accounts|have|been|Prepared|in|accordance|with|the|Provisions|applicable|to|the|small|
|companies|regime.|
|Approved|by|the|directors|and|signed|on|their|behalf|by:|
|Joseph|Haracz|(Company|Sec|
|oy|Nesom, ee|Date:|| ||s%|aoe|

**----- End of picture text -----**<br>


The notes on pages 5 and 6 form part of these accounts. 

Page 4 



Walcot Community Shop - YE Dec 2023 (version 1) 

## WALCOT COMMUNITY SHOP 

STATEMENT OF FINANCIAL ACTIVITIES (Including Income & Expenditure Account) For the Year Ended 31st December 2023 

|Incoming Resources|Notes<br>Cr|Restricted<br>Funds<br>£|Unrestricted<br>Funds<br>£|2023<br>Total<br>£|2022<br>Total<br>£|
|---|---|---|---|---|---|
|Activities in furtherance ofCharitable Objects:<br>Income from Charitable Trading<br>Investment Income||-<br>-|51,865<br>=|51,865|42,867|
||||||>|
|Donations &reimbursements<br>Other Income||cs<br>¥|-<br>-|-<br>-|-|
||||||-|
|TOTALINCOMINGRESOURCES|2|-|51,865|51,865|42,867|
|Resources Expended||||||
|Costs in furtherance of Charitable Objects:<br>Community Grants Awarded||-|8,326|8,326|8,144|
|Governance & Administration||3|28,687|28,687|2,398|
|||-|L,167|1,167|246|
|Costs ofGenerating Funds:||||||
|Fundraising & Publicity||*|e|:||
||||||-|
|Totalresourcesexpended|3|-|38,180|38,180|10,788|
|NETMOVEMENTOFRESOURCES<br>for the year|4|-|13,685|13,685|32,079|
|Funds at 1January2023|5|*|145,934|145,934|113,855|
|Funds at 31 December 2023||||||
|||-|159,619|159,619|145,934|



All of the charity's operations are classed as continuing. 

Page 3 



Walcot Community Shop - YE Dec 2023 (version 1) 

## WALCOT COMMUNITY SHOP 

## Notes to the Financial Statements for the Year Ended 31st December 2023 

## 1. ACCOUNTING POLICIES 

Basis of Accounting The financial statements have been prepared under the historic cost convention in accordance with the Financial Reporting Standard for Smaller Entities and the Statement of Recommended Practice: Accounting by Charities SORP 2005 (revised 2008) and the Charities Act 2011. The Financial Statements have been prepared on the basis of the company continuing as a going concern. 

Restricted funds Restricted funds are to be used for specified purposes as laid down by the donor. 

Unrestricted Funds Unrestricted funds are donations and other income received or generated for the object of the charity without further specified purpose and are available as general funds. 

Governance & Administration Costs Governance & Administration Costs of the company relate to the constitutional and statutory costs of running the charitable company and includes any costs which cannot be specifically identified as providing for charitable activities. Depreciation of tangible assets Tangible assets are stated at cost less depreciation, which is charged at rates calculated to write off the cost over their expected useful lives as follows: 

reducingMotor Vehicles,balanceOfficemethod.and other fixed equipment at or greater than a purchase price of £250 at 25% 

## 2. TOTAL INCOMING RESOURCES 

|IncomefromCharitable Trading:<br>Sales<br>Rags|Restricted<br>£<br>-<br>-|Unrestricted<br>£<br>51,865|2023<br>Total £<br>51,865|2022<br>Total £<br>42,225|
|---|---|---|---|---|
|Photocopying|-|-<br>=|-<br>7|642|
|||||=|
|Bank Interest<br>Other Income|-<br>-|687|687|27|
|Donations/reimbursements|-|-<br>-|-<br>-|=<br>~|
||=|52,552|52,552|42,894|



Page 5 



Walcot Community Shop - YE Dec 2023 (version 1) 

## WALCOT COMMUNITY SHOP 

## Notes to the Financial Statements for the Year Ended 31st December 2023 

## 3. TOTAL RESOURCES EXPENDED 

|TOTAL RESOURCES EXPENDED|||||
|---|---|---|---|---|
||Unrestricted<br>£|Restricted<br>£|2023<br>Total £|2022<br>£|
|Direct Charitable Expenditure:|||||
|Rent<br>Waste services<br>Telephone|512<br>702<br>-|-<br>-<br>-|512<br>702|586<br>267|
|Utilities<br>charges<br>Training|1,808<br>=|=<br>-|-<br>1,808<br>-|-<br>1,248|
|Travel<br>expenses<br>Insurance<br>Repairs&Maintenance<br>Fixtures & Fittings/security<br>Motor<br>Motor Vehicle|921<br>988<br>369<br>737<br>1,510<br>=|-<br>=<br>=<br><<br>-<br>i|921<br>988<br>369<br>737<br>1,510|-<br>1,472<br>1,671<br>1,290<br>=<br>1,530|
|Subscriptions<br>Sundries|674<br>105|-<br>-|-<br>674<br>105|-<br>-<br>80|
|Other Expenditure:|||||
|Community grants awarded<br>Donations<br>Community Lunches|-<br>28,687<br>=|=<br>-<br>c|-<br>=<br>28,687<br>=|-<br>100<br>2,298|
|||||-|
|Governance & Administration:|||||
|Fees & bank charges||-|||
|Accountancy& Professional Fees<br>Stationery|210<br>.|-<br>=|“<br>210<br>=|-<br>210|
|Postage& Printing<br>AGM Costs|51<br>=|-<br>=|51|=<br>36|
|Depreciation|906|-|=<br>906|=<br>1,209|
||38,180|-|38,180|11,997|



## 4. NET MOVEMENT OF RESOURCES 

The net movement of resources for this financial year is stated after charging depreciation of £906. 

## 5. TAXATION 

As a registered charity Walcot Community Shop obtains exemption from taxation under section 505 of the Income and Corporation Taxes Act 1988 and no provision for deferred taxation is required. 

Page 6