DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 1* APRIL 2024 TO 31st MARCH 2025
The trustees present their report with the financial statements of the charity for the period 1St April 2024 to 318t March 2025.
Registered Charity number
1155716
Registered office
Revive Coffee Shop, 43A Station Road, Desborough, Northamptonshire NN14 2RL
Independent Examiner
William Featherstone, 114 Dunkirk Avenue, Desborough, Northamptonshire NN14 2PN
Bankers
Barclays Bank PLC, Kettering, Northamptonshire NN16 0AX
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, date 3 February 2014
Recruitment and appointment of new trustees
The Trust continues to seek new Trustees with the requisite skill set to fulfil the role; to be a member of a local church and have a desire to grow a community spirit through the work of Revive Coffee Shop.
Induction and training of new trustees
New trustees will be given appropriate one-to-one induction with the Chair of the Trustees and a member of the Management group. They will be provided with a copy of the Trust Deed, and copies of all appropriate policies and instructional documents.
Risk 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 against fraud and error. Suitable controls relating to the finance and administration of the Trust have been introduced based on a wide experience of charity finance and administration amongst the Trustees.
All necessary and statutory catering, health and safety, employment and public liability controls have been documented, and the associated risks assessed, and monitored.
DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 1* APRIL 2024 TO 31st MARCH 2025
OBJECTIVES AND ACTIVITIES
Objectives and aims for the Public Benefit
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e To provide a safe and stimulating meeting place open to all people where faith, hope and love can flourish. ;
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e To provide a place of comfort for those who are in need.
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e To provide a safe place for parents and carers with young children to meet
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e To provide a safe place for the elderly to meet
Grant making
The trust is not a grant making body.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Revive Coffee Shop is run by 3 part-time managers and over 20 volunteers, including several adults with learning difficulties. Having benefited from a stable and competent trio of managers for several years, one of them moved on to a full-time job in 2024 and another retired. Consequently, a lot of Trustee and Management group time during the year was spent replacing staff. Like all cafes and shops, we have felt the effects of price increases; in particular food inflation and staff wages. We are also aware that there are now more cafes and similar outlets to ours in the town, and therefore there is a limit as to how much we can increase prices to cover costs. The small profit we managed to return is a tribute to the hard work of all our staff and volunteers.
FINANCIAL REVIEW
Reserves policy
To cover possible statutory and legal obligations, and to finance replacement of major items of equipment, a Repairs Reserve amounting to one quarter of annual turnover is being built up by instalments.
Trustees’ investment powers
The trust has no plans to hold investments of any kind.
PLANS FOR FUTURE PERIODS
To continue and expand on the existing work of the trust.
DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 1° APRIL 2024 TO 31st MARCH 2025
Trustees
William P Featherstone appointed 03.10.2014 Belinda Humfrey appointed 03.10.2014 John Phillip Staves appointed 26.04.2021 David Cox appointed 26.04.2021
Signed
Me John Phillip Staves Chair of Desborough Cornerstone Trust
DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 15 APRIL 2024 TO 31st MARCH 2025
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|DESBOROUGH|CORNERSTONE TRUST T/A|REVIVE|COFFEE SHOP|
|Registered|Charity Number|1155716|2025|2024|
|Yearly accounts|- 31st March|2025|TOTAL|TOTAL|
|Till|receipts|96082.48|90767.91|
|Purchases|- Food|etc|28506.26|26590.06|
|Gross|profit|67576.22|64177.85|
|10%|T1%|
|Salaries|(Inc tax &|NHI)|34930.22|30668.12|
|Holiday Pay/Reserve|1274.04|1994.88|
|Salary calculation|1079.70|—|1024.80|
|Travelling|60.30|37344.26|364,90|34052.70|
|Sundry|Kitchen|items|539.03|600.53|
|Clothing|0.00|0.00|
|Cleaning|(Inc Salary)|4813.37|5352.40|4111.15|4711.68|
|Rates|158.49|148.23|
|Water|rates|983.97|738.14|
|Rent|8064.00|8064.00|
|Gas &|Electricity|5868.08|4184.21|
|Insurance|488.84|15563.38|531.54|13666.12|
|Fire/Intruder|alarm|etc|720.00|707.00|
|Pest|Control|150.00|150.00|
|Printing & Stationery|497.51|702.18|
|Telephone|504.34|424.03|
|Refuse|collection|1053.39|1006.20|
|Repairs|- Premises|291.00|1770.98|
|Repairs|- Equipment|2287.43|2458.16|
|Health & safety/1st Aid|308.46|495.78|
|Volunteers meal|0.00|19.24|
|Equipment|387.78|2093.95|
|Music|licence|558.87|515.01|
|Donations|0.00|40.00|
|Bank charges|905.59|664.31|
|Sundries|34.69|7699.06|112.76|11159.60|
|Profit|1617.12|587.75|
|Replacement|reserve|0.00|0.00|
|Profit|1617.12|587.75|
|Interest|222.99|28.36|
|Room|Hire|300.00|223.50|
|Donation|0.00|:|2592.80|
|Profit on|gifts|0.00|0.00|
|Profit|mom||asa|
|These|accounts|are consistant with|the|records|and|figures|given|to me.|
|Prepared|byT.Blissett|YAuz.vep|
|CheckedSigned on bybehalfWm Featherstone of the Desborough|Cornerstone Trust byJ P Staves|jIE|
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DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 1* APRIL 2024 TO 31st MARCH 2025
Independent Examiner’s Report on the Accounts
Report to the Trustees of the Cornerstone Trust
On the accounts for the year ending 318 March 2025
Set out in the statement of financial activities, balance sheet, and associated notes for that period.
Responsibility of the Examiner
It is my responsibility to: -
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** examine the accounts under section 145 of the Charities Act, “> to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145 (5) b of the Act) and
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¢» to state whether particular matters have come to my attention.
Basis of my Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you, as Trustees, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently | do not express an audit opinion on the view given by the accounts, and the report is limited to those matters set out in the statement below.
Statement by the Independent Examiner
In connection with my examination no matter has come to my attention: -
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|. which gives me reasonable cause to believe that in any material respect the requirements have not been met - that is to keep accounting records in accordance with section 130 of the Charities Act and to prepare account in accordance with those records, and comply with the accounting requirements of the Act - or
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Il. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
W Featherstone ACIB Desborough, Northants
23" October 2025