foood
CCR Foundation
(a company limited by guarantee)
Trustees, Report and Financial Statements
for the year ended 31 December 2023
found ,
Charity number. 1147361
Company number. 0796049)
Page.. I

Conlents."
Administrative details
Trustees. repc
Independenl Examiner's report
Statem8nt of Financial Actiwties p4e 8
Balance Sheet
Statement of Cash FkNYs
page 10
pages 11-12
Notes to the Accounts
Administrative details..
Our organisation came into being several years after a group of individuals and members
of Chnst Church Roxeth considered that a ch*ity shop in the Roxeth area of South Harrow
could bring beneftts to the k￿1 community.
A prNate company, CCR Foundation. h'mited by guarantee. havir¥J no share capital, was
incorw)rated at Companies House. number 07960490. on 22TrJ February 2012.
The CCR Foundation has been tradiTrJ as Y￿n(r since 7 May 2012.
Charity number
Company nurnb8r
Registered address..
1147361
07960490
9 Shaftsbury Parade, Shaftstxjry Avenue, Harrow. HA2 OAI
Directors and Trustees:
Katharine Penman (Chair) lapwinted 5 June 2023)
Arthur Akhurst
Bola George
Colin Hthnan lapkM)inted l June 2023)
Rthard Anlcliffe (resigned 310ecembeT 2023)
Matthew Isherwood {resigned 31 December 20231
Rachael Matthews IreswJned 1 Apfil 20231
O• rnmntw: 1147361 . Ccrfnpany number: 079604￿)
Pa8e'. 2

Rèport of the trusteès for th& year ondlng 31 Docembèr 2023
The trustees a￿ pleased lo presenl their annual report, wilh the finanryal ststemenls of the
charity, for the year ended 31 December 2023 which are also prepared to meet the
requirements for a directors. report and accounts for Companies Ad purposes.
The financial slalements cc*nply wrth the ACC￿ntIng and Reporting by Charities.. Statement
of Recommended Praclice aptAicable to charit￿5 preparing their ac(x)unts in accordance
with the Financial Rep(x1ing StsrKlard applicable in the UK and Rewtlic of Ireland (FRS
1021 (effective 1 January 2015).
Chalr's report
Our charity shop foundopened in 2012. With its distinctNe signage and prominenl position on
Shaftesbury Circle the sFM)p is now well estabiished and recognised as a place lo find a
bargain, a friendty V￿1C(>￿e and a listening ear. A pla￿ to lyowse and W, or to relax in our
communty area with its Gafe. books and media items.
The money w8 make from selling and r8cydiTrJ
donated is used to support community and
mission ath'vitbes. This indudes helping people in
irrmediate need, funding children and youth work.
and supporting the th of specialist local
charities.
2023 has been a year of personnel changes f
found. This has broughl Loth challenges and new
ideas. However. we wish lo thank those who
bring the wisdom aTrJ stabilty of years of servi
in their capaiity as volunteers. staff. and trustees.
Thank you also for continued support of those who have ￿1￿ stepped down. The Shape of
the staff team wthin the shop is evolving. The staff continue to work tire1￿Y at managin9
the Unp￿dICtable days at fcrfjnd while teaching new members of the cfew the many sklls
needed on the job! We cannot thank you enough.
It is ￿lIlian1 that the r*t of thos8 willirKJ to contribute th8ir time and 8nwgi8S to fourKJ is
widening. The volunteers remain the beating heart of the shop. What fijn rt L8 to see the skn'ls
and irKlividual fiair they tr￿ng - thank you. Financially we mel Cmjr sales targel for the year
with OL#ob8r, Novemb8r and December 2023 sales exc8eding those of th8 equivalent
months in any previous
As a relail business hit a huge mi18Stonè in 2023 as we broke the £1 milim mark in total
sa8s since opening in 2012. What an ￿aZIng testimony to the orwjinal vision. hard
those pasl and present and the contsnued good favcrfjr of our L￿d.
Wo continue to thk Ou￿ard to our communrty in mission and LofKJon City Mssi
(LCM) visit weekty alongside Carol Som)az. the thildrens. worker frLNn Ctwisl Church Roxeth
- who also ran Celebrat￿n5 al Easter and Christmas on the green wt%de the shop. and of
rse for the coron*1￿ of Charles111.
We support and partner with local ￿gaINsatM)nS such as Baby BanK Firm FoLsndation. CAP.
Harrryw Foodbank arKI RtrGeneration. Our desire is to grow in mission as we seek to be the
0￿rIty numt*r: 114T361- Company number. 079fth
Pa8e= 3

face of Jesus in our local communty. May found be a place where people meet GCKI in the
welcome and love of stsff and volunteers.
Thankfully people bring us their donatws. However. there are also Ihose who bring the
baggage of life and we sincerely ho￿ that they wll find an or*n twrt, listening ear and
prayer if they choose to add these to their visrt.
Our purposes and activities
The company was fcymally registered as a charity by the Charity C(Knmission on 22nd May
2012 with objecbves to..
Advance the Christian faith
Relieve poverty
Advance education
Fulfil such other purposes whi(*t are exdusivefy charitable.
We aim to suppcM1 individuals and to build Ictal cfjmmunity by prcNiding opportunities for
developing workplace skills and lifelong leaming. We are also passionate al)out providing
services to those in need. thr(wh the relief of poverty and educatic￿.
A sense of wellbeirNJ is essential to everyt￿ and part of ow aim is to give time and space to
discover and explore issues of life and faith. We actively promote indusion to all sectors of
the cofflmunty and will seek to assist any person regardless of age. gender. disabilty. race.
relMJion or sexual ortentation.
Our faith is at the ￿ntre of our values as shown wi the lrfe cl Je￿5. and can be summarised
as follows:
To supwt our o)mmunty.
To vffjlccrfi)e the k)nely.
To feed the hungry.
To bring rekase from guilt and shame.
To bring God's hwe to a t*oken Y￿r1d.
To pray ts healing for the sick and oppressed.
To enable others to find s(Yace and a sense of purpose.
The very heart of found is lo find ways ol SUpp￿ing the community and we are pleased to
say that w8 ar8 now wc*king with several other organisatKsns to mak8 this happen.
l]wty numiw: 1147361 . Cryany Thjmber. 079f4)4
Page: 4

To date we have suprorted several causes- Causes like our partn8tslNp with
Flmi Foundallon. the Charity seeking to help homeless
individuals. Flrni Foundatlon belongs to our voucher scheme and rf a
FOUNDATION ￿rSOn is in need of dothes or olher gocmjs they can c(xne and visit the
shop and exchange them.
t FIRM
Local Community Support
We continue to look to parther with a number of k)c81 charities I￿JUding.
Regeneration
Firm Foundath)n
Harrow Food Bank
Fresh Horizons
Chnsts'ans against Poverty
Many people have been helped either directly or through our voucher scheme.
We contsnue to wcKk dosely with local schools pnmding work eXpenen￿ and retail training.
Flnanclal Rovlow
Overall income generated in 2023 was £135k which vras sThilar to the prior year,
demonstrating a stabl8 L￿nteXL
The total cost of raising funds tefore (tharitable exFenditure was £126k which was a 23%
increase on the prior year and rellecled our desire to invesl in our staff resource as well as
the upward pressures of infiab'on on our costs.
In 2023 we were able to spend £13.8k on prime charitable wrFW)se of local community
support, an ar￿Unt broadly similar to the year.
In 2023 our net expenditure for the yeaf overall was a £4.9k deficat. resulling in totsl funds to
be carried forward of £43k.
R￿1ve$ and golng concem
Res8ry8s are needed to bridge Ihe gap between the spendiry and recèiving of income and
to cover unplanned emergency expenditure. The trustees aim to maintain free reseNes in
unrestricted fuThJs at a level which equates lo approximatety three to four months of
unrestricted expenditure, being of the order of £35k to £47k. Tr trustees consider that this
18vel will provide sufficienl fvnds to respond to urgent ￿MMUnty suppjrt appeals or to cover
unexpected administration arKI govemance costs.
A8 al 31 December 2023 the charity had unrestricted reserves of £43k and will cC￿tinue to
rnonitor its free reserves tanJel in future years.
Investment polky
The Iruslees, having regard to the liquidty requirements of the charity shop. have kept
available furKls in an instant a￿$$ bank accoun( which whilst Th)t generating investment
income also does not incur significant costs to 0[￿rate.
Ctsrity numt*r: 1147361 . Company number. 079fl)
Page.. 5

Rlsk Management:
The principle risk faced by CCR FoundaiKm is to nol generate erwh in￿rne from sales in
order to cover operational costs.
Other risks include damage to shop f￿litIeS due lo water ingress, and health and safety
more generally in and around the shop. A key operathjnal risk is being unable lo recruil
necessary number of volunteers or skilled staff.
All these risks ar8 kèpt under r8gular by th8 truste8s. and miti9ats.ng actKJns taken to
manage the risks.
Remuneratlon pollcy:
The directors consider the board of directors, are the charity's trustees, and the
management team comprise the key management personnel of the tharity in charge of
directing and controlling, running arKI operating the charity on a day to day basis.
AJI directors give of their time freely and no diredor r￿1Ved rernunerat￿n in the year in
rdalion to their trustee role.
The pay of the management team is revie4¥ed annually. In of the nature of the charity,
the direclors have regard to a numt*r of faL#cxs irKJuding the pay levels in charity shops of a
similar size.
Related parties and Co￿peration with other organisations-
None of our trustees receive remuneration or other benefrt fr￿7 theif W)rk with Ihe tharity.
Any conn8Ction a trustee and manager of the charity shop. contracted worker, or
contractual relationship with an organisation listed as receivifvJ grants must be disdosed to
the full board of trustees in the same way as any other contr&tuai relab'onship with a related
party.
Trustees, résponsibilities in relalion to the financial statement8:
The company is entit￿ to exemption frc¥n audit under s477 of the CLinpanies Act 2W6 for
the year ended 31 December 2023.
The mombers have not required the c(Mnpany to obtain an a￿11 of its financial ststements
for the year ended 31 Decwnber 2023 in aCcrydan￿ wilh s476 of the COMpan￿S Act 2006.
The directors acknowledge their resp￿$1b111ties for.
(a) ensuring thal the company keeps a¢A￿untIng records whith (x)mply with secth)ns 386
and 387 of the Companies Act 2(M)6, and
(b) preparirvJ finanaal statements which give a true and fair view of the stale of affairs of
the company as at the end of 8ath fnancjal year and of its wofii or loss for each
financial year.
Approved by the Irustees on 9 septeM￿r 2024 and s￿ned on their behalf by..
Katharine Penman - T￿￿188
Date: 9 Seplember 2024
Charity n￿nter. 114T361 . Company numt*r. 079604gY)
Pa8e= 6

Independent Examinerfs Report to the Trustees of CCR Foundation
I rewrt on the accounts of the charitable (xrfnpany for the year eThJed 31 D8cemt*r 2023
which are set out on pages &12.
Respective responsibillties of trustees and oxaminer
The Trustees {who are abso the directots of the company for Ihe purpcws of rnrnpany law)
are responsible for the p￿Para￿On of the accounts.
The Iruslees consider that an audit is rsot requirthl for this year under Section 144(2) of the
Charities Act {20111 (the 2011 Acl) arKI that an independent examination is needed. The
charity's gross income did nol exceed £250.0(Xi and l am qualified to undertake the
examinatK)n by being a Fellow memtser of the Assou'atvjn of Acc(yJntirKJ Technicians.
Having satssfied myseff that the chartty is not subjecl to audil under company law and is
eligible for independent examination it is my reswnsibility to=
examine the accounts under sedion 145 of the 2011 Acl,.
follow the prC￿edureS laid down in the General Directions given by the Charity
Commission under section 145151{b) of the 2011 Act. arKI
stsle whether particular matters have come to my attentiorL
Basls of independent examineV$ report
My examination was carried oul in accordance with the General Direct¢ons given by the
Charity Commission. An examination indudes a review of the acix)unting records kept by the
charity and a compariscm of the accounts presented wth those records. It also includes
COn￿dering any unusual items or disck)sures in the accounts and seeking explanations from
you as trustees conceming any such matters. The prc¢edu￿S undertaken do r￿t provide all
Ihe evidence that would be required in an audit. and consequently no opinK)n is given as to
whether the accounts present a 'true and fair view and Ihe re￿￿ is limited to those matters
set oul in the ststement beluw.
Independent examinerfs sL*tmènt
In connection with my examination, no matter has come to my attention:
{1)
which gives rne reasonable cause to bèlb8ve that in any material respect the
requirements..
to keep accounting records in accordance with $￿tKIn 386 of the Companies Act
2006, and
to prepare accounts whith accord the accwntiry re(£￿d$, comply with the
accounting requirements of sedion 396 of the Companies Acl 2006 and Y￿th the
meth¢>Js and prinarAes of th8 Statement of Rec(Knmended Prathce: ACC(￿nts.ng and
ReFK)rting by Charities..
have not been met, or
(2)
to which, in my opinion. attenlK)n should be drawn in ￿￿er to enable a proF
understsnding of the accounts to be reached.
Oerek Taylor-mew. Bsc. FMAAT.
123 Park Lane. Harr¢)w. Middlesex.
HA2 8NN.
Date..
uli12
Page.. 7

CCR Foundatlon
Statement of Financial Actlvftles
for year ending 31 DeceM￿r 2023
Total
Funds
2023
Total
Funds
2022
ncom
Donats'ons
Income from Chantable acbvrties..
Shop takings
Gift Aid from shop irKcrfne
118.930
3.362
118,378
5.014
Othèr income
10,958
10.978
Total Inc¢)me
135 103
135 370
Costs of raising funds..
Propety cxjsts
Salary and payroll ￿$tS
Administration costs
Depreciation of fixed assets
20,CKJO
65.284
39.608
1,271
126.163
20.Crf)O
50,309
30,634
1.271
102,214
Costs ol chaiitable expenditure..
Local community support
13.840
14,056
Totsl Expendlluro
140.003
116,270
N•1 income I (expenditure) and rwt
movoment in funds for the year
14,9001
19,100
Reconciliation of funds"
Total funds br(yJght f(Kward
47.
28.8
Total funds carrled forward
43.000
47,900
Charity numiEr: 1147361- Crynpjny Nmb¥: 079EIM90
Page.. 8

CCR FcAmd•tlon
Balan￿ Sh••t at 31 D•c•mb•r 2023
Fund•
2023
Funds
2022
Flxèd Assèts
Tangitle Assets
6.613
Total Flx•d Aswts
6.613
Current A$$Èts
Gash 81 bank
37.821
42.rA6
P81ty cash
VAT recob*rati
Sundry debtors
1.947
TO￿￿ Curr•nt AM•ts
40.311
45,030
Current Uabllltl•$
Crnditots falling d¢* ￿1th1n w.
Sundry C1￿1it0
-3.924
-5,014
Net Curr•nt asMts
36.387
40,016
Tolal auets l•u cu￿￿nI Ilab116tl•s
43.000
47,900
N•t a*s•t•
43.000
47.900
Th• Ivnds of thè charlty:
Funds brought ftThard frcth ye
Current yew { not 8>pendiiuTrl I net inc#)n
47.
19.1
Total charlty funds
43.000
47.900
pprov•J by tho trusts8s on 9th sop￿ 2024 and sgr*d on bgh4f by..
ur P*hwst- TnJsta8
I￿rity wmb¥: 1147361 . c￿mpanY number. 079604
Pa8e'. 9

¢R F•und*llon
For th• y••r •T¥Jknv4 31 D•r•mb•f 2023
T￿1• Funds Talal Fund¥
2023
2022
C••h 9•n•w*•d 4yf*inp Kllvlll•s
4278
23.006
C**h Ilow• Irom Imi••tkng •etOvltl•s
Purchase cl I￿gIbl￿ fixd &5Eets
-1.1(
Cash lft In¥•*￿n9 •thlll••
-1,105
Cash Ilows frorn flnanclnq •cll¥lll•s
(Docrgawl I Illcr•a￿ In cash Jrbd ta#h •quivthnts kn th• y••r
CW ￿ k*sh qui¥alorrtS 81 the of Ihe yww
4,271
42.104
21.901
202Q3
T¢l•l u•h ¢•th •twlval•nts at th• •nd olth• y•ar
J7,826
42,104
AtlJan
2023
IAtN•rn•nts
Al 31 D•c
2023
37.821
Cath W bonk
42.C
41104
37￿&
41104
42n
37￿6
Chartty nwnber: 1147361 . ComF4iny numbtr: 079fAM90
Page: 10

Notes on th¢ accounts
Accounllng Policles
The principal accountirvJ policies adopted. judgements and key S￿r¢aS of estimalion
uncertainty in the p￿paratiOn of the finanoal statements are as fdhjws:
a) Basls of preparatlon
The financial statements have been prepared in a(xfJrdance with Accounting and Rep(￿tIng
by Charities.. Statement of Recommended Practtt applicable to chanties preparing their
accounts in accordance with the Finanual ReFrf)rting Stsndard aFg1icable in the UK and
Republic of Ireland IFRS 102) (effective 1 January 20151- (Charities SORP (FRS 1021), and
the Companies Act 2CQ6.
Assets and liabih'ti8s are initially recognised at historitsl cost or transaction value unless
otherwise stated in the relevant accounting FX)Iy notels).
b) Reconclllatlon wlth prevlous Generalty Accepted Accountlng Practice
In preparing the accounts, the trustees have C￿ls1Oered wthether in applying the accounting
rrfjliaes required by FRS 102 and the Charities SORP FRS 102 the restatement of
mparative items was required.
c) Preparation of the accounts on a going concern ba$ls
The charity reported net incoming resources for t1￿ year. The trustees are of the view that
th8 overall trading during the y8ar. and the continued ￿tential for sly tskir¥Js. are suth
that the charty is a going C￿cern.
1 Shop Takings
The direciors are graleftjl to all those members of the public who have brought gcths for
sale. Their general policy is only to sell donated 9cxxls, and VAT is chargeable on these
sales.
However. during 2023 dnnks aThJ sna(*s were offered fc￿ sale, these are Standard￿ated
for VAT.
Charity numtv: 1147361- ComFony numiv: 079fAM90
Page: 11

2 Flxed Assets and Depreclatlon
Flx•d Ass•ts and Depr•clatl¢)n
Fixed assets are being WTitten off on a Stra￿ht4￿￿ basis over 5 years.
Total
Cost:
A8 al 1 January 2023
Iditions
Disposals
As at 31 December 2023
50.893
50,893
Accumulated depreciatio
As at 1 January 2023
Depreciatson for the year
Disposals
As at 31 Decemb•r 2023
43.009
1.271
44,280
Net book value as at 31 December 2023
6,613
Net book valu• a8 al 31 0?￿mb•r 2022
3 R•conclllatlon of n•t mov•m•nts In funds to net ca*h Ilow from operntlng actlvltl•s:
Totsl
Fund•
2023
Total
Funds
2022
Nèt Movement in fundts
Id bock deprea31￿n tharge
t)ecrease in debtors
{Decre85el I Incwse in credmors
N*t ¢ash l•xpènd•d by) I gènèrated from op•rattn9 actlvlll•8
4,￿0
1.271
441
-1,090
19.100
1.271
741
1.894
4,278
23,006
¢Jarlty number.. 1147361 . Company number. 079fA)4￿)
Page= 12