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:
1. 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
3. 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
4. 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