Company regthtion nwnber.. 07250173 Charlty reglstratlon number.. 1139265 CAMBRIDGE RE-USE TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Cambridge Re-use Contents Paoe Trustees, Report Independent Examiner's Report staten￿rtt of Finantial Attwldes IlncludlThg IrKome Jnd Expend￿jre Account) Compardtlve Statement of Flnandal Actlvltles Ilncludln9 Income antl Expendlture Account) Balance Sheet Notes to the Ananclal Statements B-12 Cambrldge Re-use Company No. 07250173 Trustees. Report For The Year Ended 31 March 2025 The trustees present thelr ieport and the flnandal Ststements for the year ended 31 M8rch 2025, Qbjortl￿¥ A¢Uvlti Alm6 and ObJ•rtl Cambrid9e Re-use is a reg*ered charlty. We offer low prlced rerycled fumlture to everyone- but with espethlty low Inol- for-profitl price5 for those on low IncOr￿S, benefits, penslons and grants. The objec￿VeS of the charft3ble company are set In the Artlcle5 of Assoclatlon, namely.. To help people on low incomes or benefits to buy fumlture, whlie goods and other househokl Itemg that they may ot othen¥ise be able to afford. The benefSts of a comfortable home a￿ well documerted.. Increased feellngs of self- worth, increased optimism, lowered stress, le55 depresslon and anxiety. To enable everyone to buy and donate recyeled fumituro and htsu5ehold goods and so help vs èll save the plènet and help those struggllng financlally. Purchases by and donations from the generdl public enable us to provlde sigThificantly subsidised prices for those on benefits and income and to divert goods from landfill, helplng save the planet. To provide volunteering OPPOrtunibe5 that e￿able pellple to Come together and work as a team and be part of a communlty that spans all ages, lifEstyles and life experiences- all helplng those In need and helplng to save the planet. W• ¢rn•t• a hum•n•* drrul•r •conomy thpt l• good for the planet and leave* no on• bèhlnd. The charlty operates from a leased warehouse In Cambrldge where collected goods are stored, electrlcal goods are tested for safety, and customers (an purchase goods. It owns a vèhlcle for ihe collectlon of donatlons and deltvery of purchases. Publlc Benefft The trustees conflrm that they have complied with the rtquirements of Serth)n 17 of the Charrties Art 2011 to have £fue regartj to the Charlty Commisslons Guldance on public be#efft. R•f•r•nc• and AdmlThlstratl¥e Detall& Trusts•s Mr Gerard Cavander Mr Andrew Noyes (resigned 181041202S} Mr Jarne5 Williorns Mr John Knight {appointed 14106/20251 Mr lan Mangles (appointed 04110120241 Virtoria Porteous (appointed 0411012024} Mr T￿￿Or Trnnenbaum Mr Paul Tynan (appo1nt￿ 07106120251 Mr Glen Charter lappolnted 04110120241 I￿$19￿e￿ 0910412025) Mr Colin Chrebelski Ireslgned 01110120241 Mr Robert Perclval (resigned 09111120241 Ms Cerlan Putnam Ire5igned 09111120241 Charlty Number 1139265 Comp•ny Numb•r 07250173 R•91st•r•d Offlc• Byron House CaM￿￿9e Bu5ine5s Park Cowley Road carnb￿dge CB4 OWZ Page I Cambrldge Re-use Trustees, Report (contlnued) For The Year Ended 31 March 2025 Independent Ex•mlnor Day Attountsnts Xelnadin Day Accountants Sulte D South Cambridge Buslness Park Sawston, Carnbridge CB22 3JH Page 2 Cambrldge Re-use Trustee$. Report (continued) For The Year Ended 31 March 2025 Sm•ll Cthipany Rul•8 Trls report has been p￿Pared in accordance wlth the speclal prov1s1o￿ rela￿ng to companles subjett to the small companles regitne withrn Part 15 of the Companies Art 2006. approved by the board of Irustees arvj sogned on Its behalf by: Mr John Knight Trustee Date Pag• 3 Cambrldge Re-use Independent Examlner's Report to the Trustees of Cambridg0 Re•U$o For The Year Ended 31 March 2025 I report to the charlty tnjstees on my eXamInati(￿ of accounts of the Company for the year ended 31 Marth 2025. R•spDnslbllltl•s and Basls of Report As the charlty trustees of the Company {and also dlrectors for the purposes of C+)mpany lawl. you are respons1￿• for the preparatlon of the accounts In accordance w￿h the requlrements of the Companles Act 2006 fthe 2006 Actl. Having satisfied myself thèl the accounts of the Company are nDt required to be audlted under Part 16 of the 2006 Art and a￿ elKJible for independent eXamIna￿on, l ￿port in ￿SpeCt Of my examination of your charfty's accounts as cathed out unt1•r sectK)n 145 of the Charlties Art 2011 Cthe 2011 Art). In earrying my examinatlon I have followed the Dlrettlons giwn by the Charity C1)mm￿slon under section 14515) Ib} of the 2011 Art. Independent Examln•Vs St•t*m•nt I have ccmpleted my examlnarion. I conflrm that no matters have come to rny attentyon In connectlon wlth the examlnation g￿l￿j me cause to belleve.. l. accwntyng records were not kept In respect ol the Company ès required by sectlon 386 of the 2006 Act; or Z the accounts do not accord those record5,' or 3. the accounts do not comply wlth the accoUn￿ng requlrements of Section 396 of the 2006 Art other than any requlrement that the accounts give a 'true and folr vlew. whkh Is not a matter consldered as p8rt of )n lrnlependent examlnadon.. or 4. the accounts have not been prepared In accordance wlth the methods and prfndples of the Statement of Recornmende(S Pracuce for accountSng and reportyng by charrtles applkable to Chart￿eS preparlng thelr accounts In accordan￿ wlth the FSnanclal Reportlng Standard appllcable in the UK and Repui4ic of Ireland IFRS 1021. I have no concerns and have come across no other matters In connection wlth the exarnlnatfion to whlch attentyon should be drawn In th15 report In order to enable a proper understandlng ol the a¢¢ounts to be reached. Day Accountants Xelnadln Date SuSte D South Cambrldge Buslness Park Sawston, C4mbrtdge C822 3JH Page 4 Cambrld9e Re-use Statement of Financial Actlvltles (Including Income and Expendlture Attount) For The Year Ended 31 March 2025 2025 2024 funds funds fvnd6 lund INCOHE AND ENDOWMENTS FROM: Donatlon5 a￿j kgacles Charf(aNe athvltyes: (harltsble ACtIv￿e5 sa￿ of and other household 9ODds Investsnents 5.079 5,079 10,137 10,335 118,119 46,038 56,373 118,119 20,898 97,779 181 133,533 46,038 179,571 128,995 EXPENDMIRE ON: Ralsiw fund5 Charitsble èctiwties.. Charltable ActIvI￿eS (5,3761 (5.375) 18.138> 197,564) {55,284) (152,848) 1154,1011 (102,940) {55,2B3) (158.223) (162,2391 NET INCOME/(EXPENDITURE} 30.593 {9.245) 21,34B {33,2441 Galn$ on ￿ValuatIOn of fixed assets 629 629 569 MOVEMENT IN FUNDS RECONCIUATION OF FUNDS: Total funds brought forward 31,222 {9,245) 21,977 {32.6751 113.312 20,283 133,595 166,270 TOTAL FUNDS CARRleO FORWARD 14 144,534 11,038 155.572 133,595 The notes on pages 8 10 12 fomi part of these financitl 5tstements. Page S Cambrldge Re-use Comparatlve Ststemant of Flnanclal Actlvltles (Includlng Xn¢ome an41 Expendlture Account) For The Year Ended 31 March 2025 2024 UnrestrlLted R•strfLt•d Totsl fund6 funds funds Note* INCOME AND ENDOWMEIITS FROM: DonatlOll5 and legacies Charltoble actlvltSes: tharltable Ath￿tIeS Sale Qf furnlture and other tKxksehold gooth Invesrments 10,137 10.137 3.602 97.779 181 17.296 20,898 97,779 IBI 111,699 17,296 128,995 EXPEMDrnIRE ON: isiTrJ funds Charltable attlvltles.. Chaffjtsf>le Acti￿￿eS 18,138) {8,138) 198,896) (55,205) {154,101) (107.034) (55.2051 {t62,239} NET EXPENDITURE 4,665 137,9091 133,244} Galns on revaluabon of fixed assets 569 569 NET MOVEMEp¥f IN FUNDS RecoNCILZATION OF FUNDS: Total funds brouoht fotward 5.234 137,909) {32,6751 IOB,078 58,192 L66,270 TOTAL FUNDS CARRIED FORWARD 14 113,312 20,283 133,595 The notés On Pa9È$ 8 to 12 form part of these Tinanclal statements. Page 6 Cambrldge Re-use Balan¢¢ Sheet As At 31 March 2025 2025 2024 Unr•strfct•d R•strfcted Totsl lunds funds nd• Totsl Ilot•* FIXED ASSErs Tangible Assets Investments 7.312 17,858 7,312 17,858 9,750 17.229 io 25.170 25,170 26,979 URRENT AssErs Debtors Cash ot bank and in hand li 13,026 120,078 13,026 131,116 24,439 104,051 11,038 133,104 11,038 144,142 128,490 Credltom: Amounts Falling Du• Wlthln On• Y••r 12 (13,740) (13,7401 121,8741 IieT CURRENT Assrfs {UABILrriES} 119,364 11,038 130,402 106,616 TOTAL ASSEfs LESS CURRENT LIABlLrriES 144,534 11,03B 155,572 133,595 NET ASSETS 144,534 11,038 155,572 133.595 FUNDS OF THE CHARITY Restricted Fund5 Unrestritted Funds.. Unrestricted Funds 11,038 20,283 144,534 113,312 TOTAL FUNDS 14 155,572 133,595 For the yÈ8r ending 31 Marth 2025 the charitsble company wa5 entrtled to exernption from aud+t under sectlon 477 of the Cmipanles Act 2006 relatin9 tQl 5moII componie5. The members have not requlred the chartsble ccfflpany to obtaln an audlt In accordan￿ wlth sertlon 476 01 the Companles Act 2006. The trustees acknowledge their respon5ibiliknes for cornplyng with the requirements of the Act wlth respect to accountlng records and the preparatlon of accounts. Th￿e accounts have been prepared In accordan￿ wf(h the provlslons appllcable tc+ companles subjett to the small companies reglme. On b half of the board Mr John Knight Trustee Date The notes Dn page$ 8 to 12 form part of these finantial statements. Page 7 Cpmbridge Re-use Notes to the Flnanclal Statements For The Year Ended 31 March 2025 l. G•neral Inforniatlon Cambridge Re-use Is a cornpony Iltnlted by guarnrrtee, I￿orporated In England & Wale5. reglstered number 07250173 and regIste￿d Charfty number 1139265. The ￿gIStere<1 offlce Ls Byron House Cambrldge Bu51nes5 Park, Cowley Road, Carnbrldge, CB4 OWZ. 2. Accountlng Pollcl•s 2.1. B••l* of Pr*p*r*tion of FiMn¢l*l St•t•m•fits The flnandal statements have been prepared In acmrdance with the charit￿$ SORP (FR5 1021 'Accounting and Reporting by Charf(les'. Ststement of Recommended Practlce appllcable to charltles preparlng thelr accounts In accordance with the FinancKI1 Reportlng Standard applicable in the UK and Kepubllc of Ireland {FRS 1021 {effective I January 2019}', Financial Reporting Standard 102 'The fvnancial Reporting Standard appjlcable In the UK and Repubj of Ireland. and the Companies Act 2006. The charltable eompany Is a Publle Benefit E￿￿ty as dellned by FRS 102. 2.2. Tanglbl¢ Flxed A￿￿ts and D•predatlon Tanglble fixed assets a￿ measured at Cost less ateurnulated depredatlon ant1 any aetumuloted imyimient losses. Dep￿Cla￿0n Is provided at rates calculated to write off the eost of the flxed assets, less their estimated resldual value, over thelr expected useful Ilves on the fdlowlng bases.. Motor Vehicles Computer Equlpment 25% Reduting Balance L5% Stralght Llne 2.3. Cash and Ca6h EqulvaleThts Cash and cash equlvalents are baslc flnanclal assets and Include cash In hand and deposlts held at eall wlth banks, other short-tem hlghly Ilquld Investments that mature In no more than three months from the date of ècqulsltlon and re readlty convertlble to ? known 8mount of cash wlth Inslgnlllcant rfsk of change In value, )nd bank overdrnfts. 3. Income from DgnatlDn5 and Logad¢o 2025 2024 Unr•strl(*•d Unr•Btrlct•d fvnd fvnd Donations and gifts 5,079 10,137 4. Nrt IncomqI(EX￿ndIture) The net lrKome/{expendltu￿} is ststed 8fter charg1ng1ltred￿lng)'. 2025 2024 Depreciatlon of tanolblè fixed assets - owned 2,438 4,040 5. Analysls of Exp•ndlture 2025 Acuvltlos undertaken dlrn¢ity Support {5ee note 6) Totsl Raising funds Ch•r6tsNe ActI￿t*S 5,374 5.375 152,848 151,848 5,374 152.849 L58,223 Page 8 Cambrfdge R￿Use Notes to the Flnancial Statements (contlnued) For The Year Ended 31 March 2025 2024 A¢llv1ll￿ Support ndertNk•n dlrertly (see note 6} Total Raising fvnds Charltable Actlvkles 8.138 56,503 8,138 154.101 97.598 64.641 97.598 162,239 6. Support Costs 2025 Ral•lng fund6 Charltab Artlvltl•s Total Employee costs PremLses expenses General atlmlnlstratlon DeprEtlatlon 94,121 41.161 15,128 2,438 94,121 41.161 15.129 2,438 152,848 152,849 2024 Charltabl• Actlvltles Empltyee costs General admsnlstra￿0n Depredatknn 92,350 1.208 4,040 97.598 7. Stjff Cogts Stsff costs We￿ ès follows: 2025 2024 Wages and sal8rte$ Soclal security t05ts other penslon Costs 68,879 11,206 2,853 71,899 5,803 989 82,938 78,69L No empknyees rece￿e￿ employee benefits (excluding employer pen5iDn c05ts1 for the repordng perlod of more than £60,000. 8. Av•rn90 Numbgr ol Emply• Average n￿rn￿r of employeas durfng the year was: 512024.. 51 Pagè 9 Cambridge Re-use Not￿ to the Flnancial Ststements (contlnued) For The Year Ended 31 March 2025 9. Tanglble A•s¢ts M4)tor Vehlcl•s Computer EqulpmeTht Totsl at l April 2024 37,949 1.137 39,086 As at 31 March 2025 37,949 1,137 39,086 D•preclatlon $ at l Aprfl 2024 Provlded durin9 the peric As at 31 March 2025 28.199 2,438 1.137 29,336 2.438 30,637 1.137 31,774 Net Book V•lu* s at 31 March 2025 7,312 7,312 As at i Aprll 2024 9,750 9,750 10. Investments Unllst•d Cost or Valuatloh As at l Aprll 2024 Revaluations 17,229 629 As at 31 March 2025 17,85B Provlsl s at l April 2024 As at 31 Morch 2025 Net Book Value A5 at 31 Narch 202S 17,B56 A5 at l Aprll 2024 17,229 11. D•btors 1015 2024 Due wlthln one ye•r Trade debtors other debtors 3,695 9,331 10,987 13,452 13,OZ6 24,439 Pa9e 10 Cambrldge Re-use N•)ts$ to the Flnancial Ststements (contlnu•d) For The Year Ended 31 March 2025 12. Cr•dltors: Amounts Falling Du• Wlthln On• Y••r 2025 2024 Tr8tle cred+to Other creditor5 Taxation aThd sodal security Accruals and d•forr￿ income 8,946 127 3.217 L,450 18,670 176 3,023 13.740 21.874 13. Penslon Commltm•J The cha￿table company operates a IlefinEd contrlbution pen510ri Scheme. The as$ets of the scherne are held separately from those of the charltable company in an independendy admln15tered fund. During the year the charge to the ststement of financial actlvltles In *espett of defined contribution schemes wjs E2,853 {2024.. £9891. At the balance sheet date contribution5 of £NIL were due to the fund and are Included In credliors. 14. Mov•m•nt In Fund• A• •t l Aprll 2024 6alns •nd Aoss•s Asat31 M•rth 2025 Incom• Expendlture Unrestrl¢ted fund* Genernl.. Genernl unrestrtcted fund R￿trItted fvnd$ National L¢ttery - Drlver Nationwkle CCF- Inn¢Cultivation ARM via CCF Notional Lottery - Rent Byron House 25-26 posrcoDE pLA￿s TRusr 113,312 133,533 {102.940) 629 144,534 10,296 2,126 4.708 3,153 (10.2961 {2,1261 {4,7081 {3,1531 10,000 25,000 1,038 io,ocK) {25,0001 Seymour Trust The Cambridge Bulldlng Sodety Cornmunlty Fund 1,038 10,000 {io,000) Tol•1 r•stA