Company registration number: 04127413 Charity registration number: 1085249
WALCOT COMMUNITY SHOP TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
Walcot Community Shop Contents
| Page | |
|---|---|
| Trustees' Report | 1—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities (including Income and Expenditure Account) | 5 |
| Balance Sheet | 6—7 |
| Notes to the Financial Statements | 8—12 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 13—14 |
Walcot Community Shop Company No. 04127413 Trustees' Report For The Year Ended 31 December 2025
The trustees present their report and the financial statements for the year ended 31 December 2025.
Objectives and Activities
Aims and Objectives
The principal activity of the charity is to aid the relief of poverty and the advancement of education in the designated arear by the provisions of training and a meeting place for local community groups.
Public Benefit
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Reference and Administrative Details
Trustees
Mr Joseph Haracz - Director Mrs Caroline Mallinson - Director Mr Peter Mallinson - Director (appointed 22/01/2025) Mr Samuel Robbins - Director (appointed 27/06/2025) Mr Peter Mallinson - Director (resigned 02/05/2025)
Company Secretary
Mr Joseph Haracz
Charity Number
1085249
Company Number 04127413
Independent Examiner
Andrew Fisher FCA The Alanbrookes Group Ltd Chartered Accountants 24 The Glove Factory Holt Wiltshire BA14 6RL
Bankers
Barclays Bank 28 Regent Street Swindon
Page 1
Walcot Community Shop Trustees' Report (continued) For The Year Ended 31 December 2025
SN1 1QB
Page 2
Walcot Community Shop Trustees' Report (continued) For The Year Ended 31 December 2025
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Joseph Haracz Trustee 23 April 2026
Page 3
Walcot Community Shop Independent Examiner's Report to the Trustees of Walcot Community Shop For The Year Ended 31 December 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.
Responsibilities and Basis of Report
As the charity 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
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.
Andrew Fisher FCA 23 April 2026 24 The Glove Factory Holt Wiltshire BA14 6RL
Page 4
Walcot Community Shop Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 December 2025
| Notes INCOME AND ENDOWMENTS FROM: Other trading activities 3 Investments 4 EXPENDITURE ON: Raising funds 6 Charitable activities: 6 Community Grants Awarded NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 13 The notes on pages 8 to 12 form part of these financial statements. |
2025 Unrestricted funds £ 35,598 2,392 |
2024 Unrestricted funds £ 46,640 2,282 |
|---|---|---|
| 37,990 | 48,922 | |
| (9,215 ) (16,157 ) |
(10,526 ) (2,965 ) |
|
| (25,372 ) | (13,491 ) |
|
| 12,618 | 35,431 | |
| 12,618 209,940 |
35,431 174,509 |
|
| 222,558 | 209,940 | |
Page 5
Walcot Community Shop Balance Sheet As At 31 December 2025
| Notes FIXED ASSETS Tangible Assets 11 CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 12 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 13 |
2025 Unrestricted funds £ 3,631 |
2024 Total funds £ 2,041 |
|---|---|---|
| 3,631 219,347 |
2,041 208,109 |
|
| 219,347 (420 ) |
208,109 (210 ) |
|
| 218,927 | 207,899 | |
| 222,558 | 209,940 | |
| 222,558 | 209,940 | |
| 222,558 | 209,940 | |
| 222,558 | 209,940 |
Page 6
Walcot Community Shop Balance Sheet (continued) As At 31 December 2025
For the year ending 31 December 2025 the charitable 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 trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board
Mr Joseph Haracz Trustee
23 April 2026
The notes on pages 8 to 12 form part of these financial statements.
Page 7
Walcot Community Shop Notes to the Financial Statements For The Year Ended 31 December 2025
1. General Information
Walcot Community Shop is a company limited by guarantee, incorporated in England & Wales, registered number 04127413 and registered charity number 1085249 . The registered office is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements 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 charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Fund Accounting
All funds are currenely all deemend as unrestricted funds that can be used in accordance with the charitable objectives at the discretion of the trustees.
2.3. Incoming Resources
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
2.4. Resources Expended
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance Computer Equipment 25% reducing balance
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 8
Walcot Community Shop Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
3. Income from Other Trading Activities
| . Income from Other Trading Activities | ||
|---|---|---|
| Income from other trading activities Sale of donated and bought in goods |
2025 Unrestricted funds £ 25 35,573 |
2024 Unrestricted funds £ 100 46,540 |
| 35,598 | 46,640 |
4. Investment Income
| . Investment Income | ||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Bank interest receivable | 2,392 | 2,282 |
5. Net Income/(Expenditure)
The net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| 1,210 | 680 |
6. Analysis of Expenditure
| Raising funds Community Grants Awarded |
Activities undertaken directly £ 7,545 - |
Grant funding of activities (see note7) £ - 16,157 |
Support costs (see note8) £ 1,670 - |
2025 Total £ 9,215 16,157 |
|---|---|---|---|---|
| 7,545 | 16,157 | 1,670 | 25,372 |
Page 9
Walcot Community Shop Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
| Raising funds Community Grants Awarded 7. Grants Payable Community Grants Awarded 8. Support Costs Depreciation Governance costs Depreciation Governance costs |
Activities undertaken directly £ 9,596 - |
Grant funding of activities (see note7) £ - 2,965 |
Support costs (see note8) £ 930 - |
2024 Total £ 10,526 2,965 |
|---|---|---|---|---|
| 9,596 | 2,965 | 930 |
13,491 | |
| 2025 Grants to Individuals £ 16,157 |
2024 Grants to Individuals £ 2,965 |
|||
| 2025 Raising funds £ 1,210 460 |
||||
| 1,670 | ||||
| 2024 Raising funds £ 680 250 |
||||
| 930 |
Page 10
Walcot Community Shop Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
9. Independent Examiner's Remuneration
Independent examination of the financial statements
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| 240 | - |
10. Average Number of Employees
Average number of employees during the year was: NIL (2024: NIL)
11. Tangible Assets
| Cost As at 1 January 2025 Additions As at 31 December 2025 Depreciation As at 1 January 2025 Provided during the period As at 31 December 2025 Net Book Value As at 31 December 2025 As at 1 January 2025 2. Creditors: Amounts Falling Due Within One Year Accruals and deferred income 3. Movement in Funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 January 2025 £ 209,940 |
Motor Vehicles £ 12,000 - |
Motor Vehicles £ 12,000 - |
Computer Equipment £ - 2,800 |
Total £ 12,000 2,800 |
|---|---|---|---|---|---|
| 12,000 | 2,800 | 14,800 | |||
| 9,959 510 |
- 700 |
9,959 1,210 |
|||
| 10,469 | 700 | 11,169 |
|||
| 1,531 | 2,100 | 3,631 | |||
| 2,041 | - | 2,041 |
|||
Income £ 37,990 |
2025 £ 420 Expenditure £ (25,372 ) |
2024 £ 210 |
|||
| As at 31 December 2025 £ 222,558 |
|||||
| 209,940 | 37,990 | (25,372 ) | 222,558 |
12. Creditors: Amounts Falling Due Within One Year
13. Movement in Funds
Page 11
Walcot Community Shop Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
| Unrestricted funds General: General unrestricted fund Total funds |
As at 1 January 2024 £ 174,509 |
Income £ 48,922 |
Expenditure £ (13,491 ) |
As at 31 December 2024 £ 209,940 |
|---|---|---|---|---|
| 174,509 | 48,922 | (13,491 ) | 209,940 |
14. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
15. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
16. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 12
Walcot Community Shop Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 December 2025
| INCOME AND ENDOWMENTS FROM: Other trading activities Income from other trading activities Sale of donated goods Investments Bank interest receivable EXPENDITURE ON: Raising funds Rent Shop repairs and maintenance Waste disposal Vehicle running costs Utilities Computer software, IT consumables and maintenance Security and maintenance Insurance Printing, postage and stationery Subscriptions Sundries Depreciation of motor vehicles Depreciation of computer equipment Independent examiner's fees Accountancy fees Charitable Activities: Community Grants Awarded Grants to individuals NET INCOME |
2025 Total funds £ 25 35,573 |
2024 Total funds £ 100 46,540 |
|---|---|---|
| 35,598 2,392 |
46,640 2,282 |
|
| 2,392 | 2,282 |
|
| 37,990 (656) (502) (670) (1,598) (1,759) (170) (1,188) (738) - (81) (183) (510) (700) (240) (220) |
48,922 (662) (594) (645) (1,254) (2,247) - (2,236) (1,033) (103) (321) (501) (680) - - (250) |
|
| (9,215) (16,157) |
(10,526) (2,965) |
|
| (16,157) | (2,965) |
|
| (25,372) | (13,491) |
|
| 12,618 | 35,431 |
Page 13
Walcot Community Shop Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 December 2025
Page 14