REGISTERED COMPANY NUMBER: CE(KK1452 (England and Wales) REGISTERED CHARrrY NUMBER: 1152306 of the Tntee5 and Flnandal Slatements for the Year Ended 30 rll 2026 COATS Crowthome
COATS Crovrthorne Contents of the HnaThclal Statements for the Year Ended 30 rS12026 ChalrniaTh's Report Operatlni and Flnandal Revlew Report of the Trustees Independent Examlner's Report ststement of Flnandal Act6vltles Balance Sheet 9 to 10 Notes lo the Financial Ststements 11 to 26 Detalled Statement of Flnandal Actlvltles 27 to 29
COATS Crowthorne Chalrnian's Re for the Year Ended 30 rll 2026 l am delighted to say that 2025-26 has been another very 5uctrssful year for COATS. Thi5 year we reach the milestone of 60 years of COAT5. with the original house being acquired and formed into a charity in 1966. Since then we have been through many changes. evolving from offerin8 residential respite services to our current incarnation as a thriving Social centre for Crowthorne's Seniors. The Centre Melissa and the team have focussed strongly on buildin8 the social and entertainment aspect of the Centre with many more themed days. entertainers and. believe it or rK>t. wildlife visits l One of the highlights of the year was a visit from Mortimer Alpacas. Our wsttors have been loving these wildlife encounters and luckily thr star alpatas, "Tuffle and Artie" were Very well behaved. and the Carpet survived unscathed l. The breadth of activities and entertainment is really paying dividends with visitor numbers continuing to climb. We took the opportunity thi5 year to upgrade the capacity of our kitchen and add more staff and volunteers to cater for the increased demand. 31>40 visitors a day 15 now the nonn and we are delighted to be making such a difference to so many Crowthome residents, Itves. The Shop Of course the Centre couldn't exist without fundin& and this is where our High Street shop is making such a difference. Following the expansion of the shop nearfy three years ago, footfall and tumover has been 8rowing steadily.This year will be another record year for fvnd5 raised from the Shop and this ties in perfectly with the continuin8 growth in visitors in the Centre Managing the enorrnou5 number of donations we 8et continues to be a challenge. We will continue to expand our shop storage with regular themed and seasonal item5 being stored off-site to ensure that we don't overwhelm the volunteers with the increased volumes of sales. Volunteers As well as our wonderful Centre staff, the backbone of our charity is the nearly ICKJ volunteers who run the shop. help in the Centre. drive the Bus and raise funds for the Charity. COATS really has been a cooperative effort from right across the Cfowthorne comrnuntty for 60 years now. To celebrate their contribution and mark our 601h anniversary we held a Gafden Party for all our volunteers last summer. Many thanks to our Trustee Martin for providing his garden for the party and for Wellington College for catering this and six other fundraisin8 events for us last year. Trustees It's been a fairly stable and steady year for the Trustees With two new addltions in May 2025. Our expectation is that as the number of wsitors grows then we will need to add more Trustees over the coming year5. We are currently at 8. but would ideally like to be at 10. so we will Ii)ok to be bringln8 on 2 new Trusrees next year. O¥erall It's been another wonderful year for COATS and we are continuing to grow our visitor numbers. Next year we will continue to refresh and expand the facilities in the Centre and ensure we maintain a good working environment for all the Staff and Volunteers in the Centre and the Shop. We are all lookin8 forward to another 60 years of COATS in Crovrthome I Page I
COATS Crowthorne eratln and Financial Review for the Year Ended 30 rll 2026 Our investment in 2025 in extending the COATS Charity Shop into the next-door unit has proved to be ¥ery successful with another record year of tradin8. A good level of financial donations was received over the year from a wide range of generous donors. Our total Income and Endowments provided sufficient funds to cover our operating costs, such that the Charity achieved a trading profit of £18.05912025 - £13.8111. Our investments performed well over a turbulent period and we made an unrealised gain on those funds of £13,63012025 - loss of £3.4621. Our overall Net Income for the year was £31,68912025 £10.3491 which when added to the opening Total Funds of £569,899 gives a closing balonce of Total Funds of £600.838. The Charity continues to be in a very healthy financial p05ition. and the Trustees are confident that this will allow the Charity to both improve and expand our current scope of charitable activities. 2026 - 27 looks to be a year of significant capital expenditure for the Charity and tt is pleasing that we continue to hold sufficient reserves to proceed with these planned investments. Under the terms of our Constitution, full responsibility for all assets. liabilities and artivities of the Charity is vested in the Trustees. The Charity can therefore make any lawful investment which the Trustees see fit. RESERVES POUCY It is the policy of the Charity to maintain reserves at a sufficient level to enable It to continue its current operations for at least twefve months. Undesignated and unrestritted funds as at the end of April 2026 Stood at £6(10.83812025: £569.149}, of whith £137,276 is in cash. RESPONSIBILMES OF THÉ TRUSTEES The trustees are responsible for preparing the trustee5' report and the financial statements in accordance with the United ngdorn Accounting Stsndards (United Kingdom Generally Accepted Accountin8 Practice) and applicable law and fe8ulations. The law applicable to charities in England and Wales requires the Charity Trustee5 to prepare financlal statements for each year which give a true and fair tsllew of the state of affairs of the Charity and of the Incoming resources and application of resources, of the Chartty for that period. In preparin8 these financial statements, the Trustees are required to: select suitsble accountin8 policies and then apply them tonsistently. observe the method5 and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements: and -prepare the financial statements on the going concern basis unless it 15 inappropriate to presume that the Charity will Continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuraqi at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Art 2011, the applicable Charities (Accounts and Report51 Regulations, and the provi5ion5 of the constitution. The Trustees are also responsible for safeguarding the assets of the Charlty and hence for taking all reasonable steps for the prevention and detection of fraud and other irregularities. The annual report and financial statements set out on pages 8 to 29 were approved by Trustees and authorised for issue on 13th July 2026 and signed on behalf of the Board of Tmstees by: Pa8e 2
COATS Crovrthorne Re rt of the Trustee5 forthe Year Ended 30 rf12026 The Trustees present their report with the financial statements of the Charity for the year ending 30 April 2025. The financial statements comply with the Charities Art 2011 and 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 Republlc of Ireland IFRS 1021 (effective l January 20191. OWEcfivES AND ACTIVITIES Oblectlves and alms The object of the Charity is "to promote the relief of the elderly in Crowthorne and surroundlng area In anv manner which now or hereafter may be deemed by law to be charitable" Both Bracknell Forest Council and Wokin8ham 8orou8h Council cover this area. The people we serve come from all sections of society and a wide variety of circumstances. Many are widowed and potentially lonely, of varyin8 frailty and mobility. and m05t are receivin8 some fomi of medical attention. We welcome all older people regardless of personal background, faith, gender or personal circumstances. as we believe this philosophy of openness to all enriches everyone, through the sharing of sknlls, aptitudes and life experiences of older people and volunteers. The current prime aim of the Charity is to maximise the use of The COATS Centre. and to dellver a 8rowin8 number of services to an increasing number of older people in Crowthorne. Page 3
COATS Crowthorne Re rt of the Trustees for the Year Ended 30 rll 2026 OWEcnvES AND AcllvmES Sl8nificant activitbes To meet these objectives. the Charity ha5 gradually increased the number of services it is able to provide and is continually seeking to extend these. as funds become available. The Trustee5 keep in mind the Charity Commission's Guidance on public benefit when lookin8 into these services. thereby complying with the duty in section 17151 of the 2011 Charities Art to have due regard to the guidance published. Currently the Charity provides:_ A Social Centre where older people can meet in a warni, bright and friendly environment. The Centre 15 open daily from Monday to Friday. A meal service which offers a freshly cooked two course meal prepared in our own well*quipped kitchen. five days a week, including tea and coffee. ffom 9 am until 4 pm (but 2-30pm Friday) Social activity. in the form of keepfit classes, dancin& talks. musical events, quizzes. skittles. themed days. use of tablet computers and many other events. Assistance to older people suffering from early stages of dementia. The Charity is able to help brid8e the gap between mild sufferers of dementia. who are able to attend without difficulty. and the more serious cases. who are then helped to obtain specialist care. Respite cover for carers during the day. • Help to older people in need. following a bereavement or illness. through a growing network of churches. local doctors and other organisations. Tran5POrtation for those unable to make their own way to The Centre. through the use of the COATS, mini-bus. This is able to transport up to 8 people one joumey, includin8 a wheelchair. Several joumeys are undertaken each day V•Ythin the RG45 postal code area. Facilities for other local charities that provide sUPPOrt for older people. • Opportunities to get advice on a range of important matters relating to older people. The Charity, in pursuing all its artivitie5. is enthusiasticalty 5UPPOrted by about one hundred volunteers, many of whom are older persons themselves. who not only help in The COATS Centre, but also drive the minibus. and especially manage and operate the COATS Charity Shop at 2271229 High Street. Crovrthome, which is so wtal to the fundin8 of the Charity. In addition. the dedicated Events committee organise manv very popular and enjoyable events throughout the year. raisin8 valuable funds for the Charity. COATS, therefore, rnakes a major contribution to the well-being of many of the older people of Crowthorne. thereby reducin8 and delaying the need for more costly forms of support. Taken together with the contribution of the staff and all the volunteers. COATS offer5 a valuable service and enjoys central position in the life of the community of Crowthorne. Page 4
COATS Crowthorne rt of the Trustees for the Year Ended 30 rS12026 sTrUURE, GOVERNANCE AND MANAGEMENT Go¥ernln8 document The Charity was founded in November 1966 and wa5 governed by its Constitution dated 17 March 1970 as amended on 19 October 1999 and 17 October 2005. However. following an EKtraordinary General Meetin8 held on 18 March 2013. application wa5 made to the Charity Commission to become a Charttable Incorporated Organisation ICIOI. wtth virtually the same objectives. and this was accepted. The new CIO. with Charity number 1152306. was registered on 6 June 2013. and began operating from l August 2013, when it received all the assets and liabilities of the unincorporated Charity number 2S9897. The name of the charity was changed to COATS Crowthorne following approval by the Members at the Annual General Meetin8 held on 26th September 2022. The Tmstees believed that the previous name of Crowthorne Old A8e to Teen Charity was unwieldty and needed to be modernised to align with the well-knovm name of our successful charity shop. Recrultment and appolntment ol new trustees Pr05pertive Trustees are identified as potential Trustees of the Chartty and are recruited by word of mouth or by selective advertisin8. Our policy is now to invite them to three meetings to see whether they are happy to undertake the responsibilities of a COATS Trustee. If so. followng receipt of a satisfartory DBS report. they are invited to be appointed as a Trustee to hold office until they are proposed for election at the next Annual General Meetin8. New Trustees undertake an Induction process that includes being made aware of their responsibilities as Trustees. the governing document. administrative procedures and the history and philosophical approach of the Charity. The Secretary supplie5 each new Trustee with copies of the previous year's Annual Report and Accounts and a copy of the Charity Commission publications The E55ential Trustee: An Introdurtion, and The Essential Trustee: What You Need to Know.. Organlsatlonal strurture Management of COATS Crowthorne is vested in between 6 and 15 Trustees. but normally 10 - 12. who form the Committee. The Trustees elett the Officers who Comprise the Chaimian. Treasurer and Secretary. The Trustee5 are elected at the Annual General Meeting. One third of Trustees must stand down each year but can stand for re-election. Day-tdaY management of The COATS Centre is delegated to the Centre Manager. Rlsk management The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance a8ainst fraud and error. All policies and procedures are regularly reviewed and updated as necessary. A Trustee is nominated as the Health & Safety representative. Page S
COATS Crowthorne Re rt of the Trustees for the Year Ended 30 rll 2026 REFERENCE AND ADMINISTRATIVE DETAILS Registered Cornpany nufflber CE000452 IEn8land and Wales) Reglstered Charity number 1152306 Registered office The Coat5 Centre Pinewood Avenue Crowthorne Berkshire RG45 6RQ Trustee5 P R Hutterli - Chairman Ms C L Dingley (resigned 15.9.25) D 8riggs D A Craig C Threlfall- Treasurer and Secretary D Wilson (resigned 16.6.251 RBFOX M Rickards D J Scouller (appointed 19.5.25) J Mon8er lappointed 9.5.251 Company Secretary C Threlfall Independent Examlner Yvonne Miles IFCCAI PKB Accountants Limited Chartered Certified Accountants Beechey House 87 Church Street Cfowthorne Berkshire RG45 7AW Approved by order of the board of trustees on 26 June 2026 and si8ned on 5ts behalf by: C Threlfall- Trustee Page 6
Inde ndent Examinerf5 Re COATS Crowthorne I report on the accounts of the Charity for the year ended 30 April 2025. which are set out on pages 8 to 29. Rèspectlve responslbllltles of Trustees and Examlner As the Charity's Trustees of COATS Crowthome you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Act.). I report in respett of my examination of the COATS Crovrthorne's accounts carried out under settion 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commi55ion under section 145151{b) of the Att. Independent Examlnerfs statement Since the COATS Crowthorne's gross Income exceeded £250.(KKI your examiner must be a rnember of body listed in sertion 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA. which is one of the listed bodie5. I have Completed my examination. I tonfirni that no material matters have come to my attention In connertion with the examination giving ffle cause to believe that in any material respert: l. Accounting records were not kept in respect of COATS Crowthorne as required by sertion.130 of the Art: or 2. The accounts do not accord with those record5: or 3. The accounts do not comply with the accountin8 requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reportsl Regulations 21M)8 other than any requlrement that the accounts gNe a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come acr055 no other matters in connettion wlth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. PK6 Yvonne Miles IFCCAI The Association of Chartered Certified Accountants PKB Accountants Limited Chartered Certified Accountsnts Beechey House 87 Church Street Crowihorne Berkshire RG45 7AW 26 June 2026 Page 7
COATS crohorne ststernent of Financial Activltles for the Year Ended 30 ri12026 30.4.26 Total funds 30.4.25 Total funds Unrestrirted Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 19.662 19.662 13.595 Charitable activities Charitable activities 61.799 61,799 58.445 Other tradin8 activities Investment Income 227.325 55.569 227.325 55.569 225.633 57,979 Totsl 364.355 364,355 355.652 EXPENDrruRE ON Raising funds 55,509 55,509 65.533 Charltable actlvltles Charitable activities 2,786 750 291,536 272.308 Total 346,295 750 347,045 341.841 Net gainslllossesl on investments 13.630 13.630 13.4621 NET INCOMV(EXPENDITURE) 31.6 (750) 30.940 10,349 RECONCIUATION OF FUNDS Total funds brought forward 569.149 750 569.899 559,550 TOTAL FUNDS CARRIED FORWARD 6CM),839 600.839 569,899 The notes forrn part of these finanual statements
COATS Crowthorne Balance Sheet ri12026 30.4.26 30.4.25 Notes FIXED A5SErs Tangible assets Investments 187.125 273.691 191.986 207.593 14 460.816 399.579 CURRENT ASSErs Debtors Cash at bank and in hand 18.429 137.276 6.925 176.350 16 155,705 183,275 CREDITORS Amounts falling due within one year 17 115.6821 112.9551 NEf CURREiif ASSErs 140.023 170.320 TOTAL ASSETS LESS CURRENT UABILrriES 600.839 569,899 NET ASSErs 6(Ll.839 569.899 FUNDS Unrestricted funds Restricted funds 20 6(Kl,839 569,149 750 TOTAL FUNDS 6ts).839 569.899 The charitable company is entitled to exemption from audit under Sertion 477 of the Companies Act 2006 for the year ended 30 April 2026. The members have not required the company to obtain an audit of its finanual statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2(X)6. The trustees acknowledge their fesponsibilities for ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 21X)6 and preparin8 financial statements which glve a true and falr view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othep*ise comply with the requirements of the Companles Act 2(X)6 relating to financial statements. so far a5 appllcable to the charitable company. The notes form part of these financial ststements
COATS Crowthorne Balance Sheet- contlnued ril 2026 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 26 June 2026 and were signed on its behalf by: relfall- Trustee P R Huttedi-Trustee The notes form part of these financial statements
COATS Crowthome Notes to the Flnanaal Statements for the Year Ended 30 ri12026 ACCOUNTING pouaES General Informailon The charity is a registered charity in England and Wales and is a Charitable Incorporated Organisation ICIOI, charity numbef 1152306 Statement of Compllance The financial statements have been prepared in accordance with Accounting and Reporting bv Charities.. Statement of Recommended Practice applicable to charities preparin8 their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191- (Charities SORP IFRS 10211. and the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Chartties Art 2011. Basls of preparlng the finandal rtatements The Charity meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transartion value unless Othepwise stated in the relevant accounting policy notelsl. The financial statements are prepared in sterlin& which is the functional currency or the entity. Monetary amounts in these financial statements have been rounded to the nearest £ Exemption from preparini a cash fl(w 51atement The charity Is a small charity and has utilised the small entity exemption from producin8 a statement of cash flows. Preparatlon of the accounts on a lo1 concern basls The Trustee5 have assessed whether the use of the going concern assumption is appropriate in preparing these financial Statements. The Trustees have made this assessrnent in respect to a period of one year from the date of approval of these financial statements. The Trustees are of the opinion that the Charity will have sufficient resources to meet its liabilitie5 as they fall due. The Charity reported a cash funds inflow of £31.689 for the year and has undesignated and unrestricted funds of £6CKI,838. In¢ome Income recoznition income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the itemlsl of income have been met. it is probable that the income will be received and the amount can be rneasured with sufficient rdiability. Grants and donatlons Grants and donations are only included in the Statement of Financial Activities ISOFAI when the general income recognition criteria are met. In the case of perforniance related grants. intome Must only be recognised to the extent that the Chartty has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met. Page 11 continued...
COATS Crowthorne Notes to the Flnanclal Statements- continued r the Year Ended 30 rll 2026 ACCOUNTING POUCIES- contlnued Income For legacies, entitlement is taken as the earlier of the date on which either. the Charity is aware that probate has been 8ranted. the estate has been finalised and notification has been made by the executor{s1 to the Charity that a distribution will be made. or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, Is only considered probable when the amount can be measured reliably, and the Charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the Charity or the Charity 15 aware of the granting of probate. and the crtteria for incorne recognrtion have not been met. then the legacy is a treated as a contingent a55et and disc105ed if materiol. Government grants Income from government and other grants. whether 'capital' 8rants or .re¥enue' grants. reco8nised when the Charity has entitlement to the funds. any performance conditions attached to the grants have been met. rt is probable that the income will be received, and the amount can be measured reliably and is not deferred. Tax rÈdalrns on donatlons and glfts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on 3 donation 15 considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Donated goods and 5er¥ke5 Induding volunteer5 The value of donated goods for resale is recognised as income when sold as the Charity deems it impractical to estimate the falr value of the donated goods for resale on receipt. The proceeds of sale are categorised as 'lncome from other trading artivities in the SOFA. The value of any voluntary help received is not included in the accounts but is dexribed in the Trustees, Annual Report. Income from Interest and dS¥ldends This is included in the accounts when receipt Is probable. and the amount receivable can be rneasured reliably. Income from membership 5ub5criptions Membership sub5CriPtions received in the nature of a gift are recrvdnised in Donations and Legacies. Investment aalrts and losses This includes any realised or unreali5ed gains or105se5 on the sale of investments and any gain or 1055 resulting from revaluing investments to market value at the end of the year. Expenditure Expenditure is accounted for on an acuuals basis and has been classified under headin8S that aggregate all costs related to the cate80ry. The cost of generating funds includes fvnd raising costs. trading costs and investment management thar8es. Page 12 continued..
COATS Crovrthorne Note5 to the Flfianclal Statements- contlnued for the Year Ended 30 A ri12026 ACCOUNTING POUCIES- tontlnued Expendl¢yre The cost of charitable activities includes the payroll costs of the COATS Centre Staff. and day-ttrday running costs of the COATS Centre a5 shown in Note 7. Governance costs include costs of the preparation and examination of statutory accounts. the costs of Trustee meetings and cost of any legal adwce to Trustees on governance or constitutional matters. Tan8lble fixed assets Depreciation is provided at the following annual rates in order to write off each asset over Its estimated useful life. Freehold property Long leasehold Improvements to property Fixtures and fittings Motor vehicles Computer equiprnent 2% on cost Straight line over term of lease IO% on tost 20% on reducing balonce 25% on reducin8 balance 33% on cost Taxatlon The Charity is a registered charity and is exempt under Part 11 of the Corporation Tax Act 2010 on its income and sertion 256 of the Taxation of Chargeable Gain5 Act 1992 on its capital gains. The Charity 15 re8iStered for VAT in order to tljirn VAT on Shop expenditure (Sales are zero rated). The Centre continues to enjoy exempt status - irrecoverable VAT 15 charged against the expenditure heading for which it was incurred. Fund accountlng Unrestricted funds can be used in accordance wtth the charttable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restrirted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is Included in Note 20 to the financlal statements. Flnanclal Instruments The Charity only has financial a55ets and financial liabilities of a kind that qualrfy as basic financial instruments. Investments are a fomi of basic finantial instrument and are initially retO8nised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The SOFA includes the net gains and losses arising on revaluation and disposals throughout the year. Page 13 continued...
COATS Crowthorne Notes to the Flnanclal Statements- ct)ntlnued for the Year Ended 30 ri12026 AccouKnNG POUCIES- contlnued Allocatbon and apportionment of costs Certain expenditure is dirertly attributsble to specific artivities and has been reported In those expenditure categories. Operatln£ leases Rentals payable under operatin8 leases are charged against income on a straight-line basis over the lease term. Cash at bank and In hand Cash at bank and cash in hand intludes cash and short term hi8hly liquid investments wtth a maturity of one year from the date of acquisition or opening of the deposit or similar account. Credlto Creditors are recognised Whe the Charity has a present obligation resulting from a past event that will probably result in the transler of tunds to a third party and the amount due to settle the obligation can be measured or estimated reliably- Creditors are nornially recognised at their settlement amount after allowing for any trade discounts due. Penslon costs and other post.retlrement beneffts The Charity operates a defined contribution pension stheme for employees. The assets of the scheme are held separately from those of the Charity. There were no outstanding contribution5 at the year end. Contributions payable to the employees, stakeholder pension schemes are charged to the SOFA in the period to which they relate and are detailed in Note 11. DONATIONS AND LEGAaES 30.4.26 30.4.25 Donations Gift aid Subscriptions 19.174 12.964 631 19.662 13.595 Page 14 continued...
COATS Crowthorne Notes to the Flnancial Statements- continued for the Year Ended 30 rll 2026 OThER TRADING AcnvmES 30.4.26 30.4.2S Shop income Income from online sales Income from rnetal recycling Income from texlile reoicling 224.186 995 1.195 949 218.236 3,885 1.224 2.288 227,325 225.633 INVESTMENT INCOME 30.4.26 30.4.25 Rents receNed Other fixed asset investments Deposit account interest 48.782 5.505 1.282 49.910 2.099 5,970 55,569 57.979 INCOME FROM CHARrrABLE AcnvmES 30.4.26 30.4.25 The COATS Centre: Attendance and lunches The COATS Centre Bus:Transport Charitable activitses $4.812 50.452 Charitable artivities 6.987 7.993 61,799 58.445 Page 15 continued..
COATS crohOrne Notes to the Financial Staternents- contlnued for the Year Ended 30 ri12026 RAISING FUNDS Other tradlni acli¥ltles Unrestricted Total Funds Total Funds Funds 2026 2025 43.899 43,899 48,728 11.610 11.610 20.805 Note Operation of charity shop Investment management Costs 55,509 55.509 69,533 Investment management costs 30.4.26 30.4.25 Woodmancote House: Management fees Woodmancote House: Water. light and heat. and other costs Woodmancote House: Repairs and renewals 5.304 3,724 2.582 6.275 4,748 9.782 11.610 20.805 Aggregate amounts 55,509 69,533 Page 16 continued...
COATS Crowthorne Notes to the Financial Statements- contlThued for the Year Ended 30 rll 2026 CHARITABLE AcnvmES COSTS By Fund Unrestrirted Funds Restricted Total Funds Total Funds Funds 2026 2025 Note Provision ofThe COATS Centre facilities Provision of transport facilities 281.826 750 282.576 249,573 8.960 8.960 4.345 2.786 750 291,536 272,308 By Activity Note 2026 Total Funds 2025 Total Funds Support costs Undertaken difecttv Provision of The COATS Centre facilities Provision of transport facilities 266.757 15.819 282.576 263,663 5.250 3,710 8,fAS 272.1x17 19.529 291.536 272,308 Intluded within expenditure above there are govemante costs of £3.710 (2025 E4.31X)I which relate directly to charitable activtties. See below for further details. ANALYSIS OF EXPENDITURE ON AcnvmES UNDERTAKEN DIRECTLY FOR PROVISION OF THE COATS CENTrE FAaLmES Unrestrirted Funds 154.933 5.838 7.568 Restricted Total Fund5 Total Fund5 Funds 2026 2025 154,933 148.654 5.838 7.568 Wages and salaries Social security costs Other pension costs Trainin8 and recruitment Food and supplies Insurance Light, heat.. rates and water Postage and stationery Telephone Activities and entertainment Repairs and rnaintenance Cleaning Health and safety Waste collection Other expenses 7,403 33.682 5.793 14,978 33.682 5.793 14.978 31,739 5.861 13.803 6.69) 13,177 17536 720 3.447 1,645 6,690 13.927 17,537 720 3,447 1.645 4.178 10.260 14.463 1,166 3.458 2.162 750 266.(L17 750 266.757 249.031 Page 17 continued...
COATS Crowthome Notes to the Flnancial Statements- contlnued for the Year Ended 30 rll 2026 CHARITABLE AcnvmES COSTS. o>Thtlnued SUPPORT COSTS By Fund Unrestrirted Restricted Totsl Funds Total Fund5 Funds Funds 2025 2025 3.472 3.472 3.741 12,347 12.347 10.891 Other legal and professional fees Depreciation of tangible fixed assets 15.819 15.819 14.632 By ArtNity Unrestrirted Restrirted Total Funds Total Funds Funds Funds 2025 2025 1.820 1.820 2.5(Kl 1,8 1.890 1.8 Accountancy sUPPOrt Independent examiner's fee 3.710 3,710 4.30D 19.529 19,529 18.932 DIREcr cosrs OF CfrIARITA8LE AcnvmES Unrestricted Totsl Funds Total Funds Funds 2026 2025 26.488 26,488 28.224 1.365 1.365 1.493 2.4 2.460 4.421 165 165 1.619 4.512 4.512 4.504 8.467 Oper3tin8 leases- land and buildings Telephone Light and heat Repairs and maintenance Depreciation of leasehold property Other expenses 43.899 43.899 48.728 Page 18 continued...
COATS Crowthome Notes to the Financial Statements- contlnued for the Year Ended 30 ri12026 NET INCOMEIIEXPENDrruRE) Net incomellempenditurel is stated after chargin(credItin. 30.4.26 30.4.25 Depredation- owned assets Other operatin8 leases Other pension c05ts Leasehold depreciation Independent examiner fee Atcountancy services 16,859 26.488 7,568 4,512 1,890 1.820 15.395 28.224 7,403 4,504 1.800 2,500 10. TRUSTEES, REMUNERATION AND BENEFtYS There were no trustees. remuneration or other beneffts for the year ended 30 April 2026 nor for the year ended 30April 2025. There were no trustees. expen5e5 paid for the year ended 30 April 2026 nor for the year ended 30 April 2025. 11. srAFF COSTS 2026 2025 Wages ènd salaries Social security costs Other pension costs 154,933 5.838 7.568 148.654 7.403 168.339 161.941 The average monthly number of employees during the year was a5 follows: 30.4.26 30.4.25 Day centre facilities . The COATS centre No employees received employee beneffts in excess of £60,OW12025: nil) with all employee time involved in the provision of charitable actiwties. Since l April 2016. the Charity has been paying contributions to The People's Pension in order to comply with the Government's autoonrolment legislation. It makes the same contribution of up to 5% of the employee's basic salary. provided this 15 matched by the employee. Seven employee5 participated in the staff pension arrangements. Page 19 continued..
COATS Crowihorne Notes to the Finantlal Statements- contlnued forthe Year Ended 30 ri12026 GIFT AID No gift aid was received under the Gift Aid scheme during the year12025.' NIL) . the arnount received is included in Donations. Gifts and Legacies. TANGIBLE FIXED ASSET5 Improvements to Freehold property Long leasehold property COST At l May 2025 Additions 265.425 45.0(X) 68.598 At 30 April 2026 265.425 45.0(K) 68.598 DEPRECIATION At l May 2025 Charge for year 134,694 6,754 4.512 68.'598 At 30 April 2026 140.003 11,266 68.598 NET BOOK VALUE At 30 April 2026 125.422 33,734 At 30 April 2025 130.731 38.246 Fixtures and rrttings Motor vehides Computer equipment Totals COST At l May 2025 Additions 85.399 11.998 61.116 3.213 528,751 11.998 At 30 April 2026 97.397 61,116 3,213 540,749 DEPRECIATION At l May 2025 Charge for year 70.816 5.157 52.690 1.881 3.213 336.765 16.859 At 30 April 2026 75.973 54.571 3.213 353.624 BOOK VALUE At 30 April 2026 21.424 6.545 187.125 At 30 April 2025 14.583 8.426 191.986 Page 20 continued..
COATS Crowthome Notes to the Hnancial Statements- contlnued for the Year Ended 30 ri12026 14. FIXED ASSEf INVESTMENTS Listed investments MARKET VALUE At l May 2025 Additions Net unrealised 8ainl(lossl on revaluation 207.593 52.468 13.630 At 30 April 2026 273,691 NFf BOOK VALUE At 30 April 2026 273.691 At 30 April 2025 207.593 There were no investment assets outside the UL All investments are carried at their fair value. Holdings in common investment funds are at the bid price. Asset sale5 and purchases are fecognised at the date of trade at cost (that IS their transaction value). The main risk to the Charity from financial instruments lies in the combination of uncertain Investment markets and volatility in yield. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 30.4.26 30.4.25 Trade debtors Other debtors VAT Prepayments and accrued income 407 1,073 1.297 15.652 417 6,508 18.429 6.925 Page 21 continued...
COATS Crowthorne Notes to the Flnanclal Statements- contlnued forthe Year Ended 30 A ri12026 16. CASH AT 8ANK AND IN HAND 30.4.26 Total funds 30.4.25 Total funds Cash in hand Bank account no. I Bank account no. 2 8ank account no. 3 Bank deposit account 252 19,934 20.079 12.011 85.OCKI 754 1,082 8.257 81,257 85.orxi Total 137.276 176.350 17. CREDITORS: AMOUPITS FAWNG DUE WITHIN ONE YEAR 30.4.26 30.4.25 Trade creditors Accruals and deferred income 1,529 14,153 3.017 9.938 15.682 12.955 LEASING AGREEMENTS The Charrty leases the Shop from which it trades. Durin8 the year a new lease was taken out on the shop premises adjoining the existing shop premises. A renewal lease was taken out to follow on from the existing lease and a separate lease negotiated on the new premises. Both leases are now on a Iyear basis. Land and buildin85 2026 2025 Amounts due: Within one year Within two year to five years Wlthin six to ten yea 27.394 83,576 29.740 27.394 93,976 46,734 140,710 168,104 Operatlni lease agreements where the Charity Is lessor The Charity owns Woodmancote House which has 5 rooms in 3 fiats that are let to third parties. The assured short term tenancy agreements are on twelvtrmonth terms, thereafter with monthly roll overs, with provisions for annual rent reviews. Future minimum rentals receivable under the tenancy agreements are as follows- P38e 22 continued...
COATS Crowthome Notes to the Flnandal Statefnents- continued for the Year Ended 30 A ri12026 LWING AGREEMENf5- continued Land and buildings 2026 2025 Amounts due . Within one year 48.172 48.172 48.172 48,156 19. ANALYSIS OF NEf ASSEf5 BETWEEN FUNDS Tangible fixed assets Net current assets Total 2026 Total 2025 Investments Unfestricted fund5 Restricted funds 187.125 273.690 140.023 6.838 569.149 750 Totsl funds at 30 April 2026 187.125 273.690 140.023 6,838 569.899 20. MOVEMENT IN FUNDS Net movement in funds At 30.4.26 At 1.5.25 Unrestrlcted funds General fund 569.149 31,69D 600,839 Restrkted funds Restricted fund 750 17501 TOTAL FUNDS 569.899 30,940 6CNJ.839 Page 23 continued...
COATS Crowthorne Notes to the Financial Statements- contlnued for the Year Ended 30 ri12026 20. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Gains and Movement losses in fund5 Unrestrirted funds General fund 364355 (346.2951 13.630 31,690 RestrIct funds Restrirted fund {7501 {7501 TOTAL FUNDS 364.355 {347,0451 13,630 30,940 Comparatfr¥es for movement In funds Net rnovement in funds At 30.4.25 At 1.5.24 Unrestrlrted funds General fund 558.8(X) 10.349 569,149 RestTlrted funds Restritted fund 750 750 TOTAL FUNDS 559,550 10,349 569.899 Comparative net rnovernent in funds. included in the above are as follows. Incomin8 resources Resources expended Gains and Movement losses In funds un(ted funds General fund 355.652 1341,8411 {3,462) 10.349 TOTAL FUNDS 355.652 1341,841) 13.462) 10.349 Page 24 contlnued...
COATS Crowthorne Notes to the Financ ial Statements- contlnued for the Year Ended 30 ri12026 20. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position is as follows: Net movement in fund5 At 30.4.26 At 1.5.24 Unrestrlrted funds General fund 558,8rKI 42.039 600.839 Restrlrted funds Restricted fund 750 17501 TOTAL FUNDS 559.550 41.289 6CKI,839 A current year 12 months and prior year 12 months combined net rnovernent in fvnds. included In the above are as follows: Incomin8 resources Resources expended Gains and Movement losses In funds Unthcted funds General fund 720.CK)7 1688,136) 10.168 42.039 Restrfcled funds Restricted fund (750) (7501 TOTAL FUNDS 720.1M)7 1688.886) 10.168 41.289 21. RELATED PARTY DisaosuRES There were no related party transactions in the current or previous year. The Trustees all give freely their time and expertise without any form of remurberation or other benefit in cash or kind12025'. £nill. Expenses paid to the Trustees in the year totalled £Nil 12025.. £Nill. No Trustee received payment for professional or other serwices supplied to the Charity 12025.. £nil). Pa8e 25 continued...
COATS Crowthorne Notes to the Financial Staternents- contlnued for the Year Ended 30 rll 2026 ANALYSIS OF CASH AND CASH EQUIVALENTS 2026 2025 Cash at bank and in hand Short term depJsit5 Wlth a maturity date within one year 137,276 176.374 137,276 176.374 Page 26
COATS Crowthome Detailed Ststefflent of financial Act1¥ for the Year Ended 30 TII 2026 30.4.26 Total funds 30.4.25 Total funds Unrestricted funds Restricted funds INCOME AND ENDOWMENf5 Donatlons and le8ades Donations Gift aid Sub5cription5 19.174 19.174 12.964 631 19,662 19.662 13.595 Othertradlnz acthiltles Shop income Income from online sales Income from metal recycling Income from textile recycling 224,186 995 1,195 949 224.186 995 1.195 949 218.236 3,885 1,224 2.288 227,325 227.325 225.633 Investment Income Rents received Other fixed asset investments Deposit account interest 48.782 5.505 1.282 48,782 5.505 1.282 49.910 2.099 5.970 55.569 55.569 57.979 Charltsble artl¥ltles The COATS Centre: Attendance and lunches The COATS Centre 8us:Trdnsport 54.812 6,987 S4.812 6.987 50.452 7.993 61.799 61.799 58.445 Totsl Incorning rewurrns 364.355 364,355 355,652 EXPENDMJRE Ralsln8 donatlons and le8ades ght and heat Telephone Other expenses Carried forward 4.421 1.493 8.467 14.381 1.366 1.366 12.734 12.734 This pa8e does not fom part of the statutory financial statements Page 27
COATS Crowthorne Detailed Statement of financial Activitles for the Year Ended 30 ri12026 30.4.26 Total funds 30.4.25 Total funds Unrestricted funds Restrirted funds Ralslng don•tions and lelades Brought forward Repair5 and maintenance 12,734 165 12.734 165 14,381 1,619 12,899 12.899 I6.) Other tradlng artlvitles Other operating leases Long leasehold 26.488 4.512 26.488 4,512 28.224 4.504 31.(MJ) 31,IXKI 32.728 Investment management costs Woodmancote House.. Mana8ement fees Woodmancote House: Water. light and heat, and other costs Woodmancote House: Repairs and renewals 6.275 3.724 3.724 4.748 2.582 2.582 9.782 11.610 11.610 20.805 Charttable actlvltl Wages Social security Pensions Insurance Light and heat Sundries Artivities and efttertainment Repairs and maintenance Cleaning 154.933 5,838 7.568 5,793 14.978 33.682 6.690 13,177 17.537 154.933 5.838 7.568 5.793 14,978 33.682 6,690 13,927 17.537 148.654 5.884 7,403 5,861 13,803 31,739 4,178 10,260 14,463 750 k l..11 Health and safety Waste collection Other expenses Other legal and professional Training and fetruitment Other operating expenses Accountancy support Independent examiner fee's Freehold property Carried forward 720 3.447 720 3,447 1.166 3.458 1.635 3.741 527 4.345 3.472 798 5.250 1.820 1.890 5,309 283.748 3.472 798 5.250 1.820 1.890 5,309 284,498 5.305 266,722 750 This page does not form part of the siatutory financial staternents Page 28
COATS Crowthome Detalled Statement of Flnandal Actlvltles for the Year Ended 30 rll 2026 30.4.26 Total fund5 30.4.25 Total funds Unrestrirted funds Restricted funds Charltable artl¥ltles Brought forward Fixtures and fittings Motor vehicles 283,748 5.157 1.881 750 284.498 5.157 1.881 266.722 3,165 2.421 290.786 750 291.536 272,308 Total resources expended 346,295 750 347.045 341.841 Net Income before 8alns and losses 18.060 17501 17.310 13.811 Reallsed recognlsed galns and105ses Realised 8ainslllossesl on fixed asset investments 13.630 13,630 13.4621 Net lfi¢ome 31.6 1750) 10.349 This pa8e does not forni part of the statutory financial statements Page 29