REGISTERED CHARITY NUMBER: 1163972 TSF R THE YEA
TH YL NTENY F THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 202 P•g• Roport ofthe Tru•t••• 1 to2 Indwndent Examintr• Rgport Recew ind Pant8 Acco1 Not•8to the FlnanclB1 Stat¢meTrts
WELL REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 MARCH 2026 The tru8te8B pr88enttheir reporl with the finan¢Aal 51ernents ofth8 charly lor thè ar ered 31 March, 2025. REFÉRENCE AND ADMINISYRATIVE DETAILS Reg18t8rnd Ch•rlty numb•r 1163972 Repistered Dfflce 74.78 Frodingham R03d SCUNTHORPE DN15 7JW Trust¢ M A Joy¢fr L B8v8ridg8- R¢$l9nBd 7th October 2025 I Wray C Powell- R¢$kJmed 7th October 2025 T I Wray- Appolnted 7tr1 October 2025 Indèwndgnt examlner C. M. Tams F.C.A Smelhural & Co LLP 12 Nbboy Road GRIMSBY ON32 OHL STRUCTURE, GOVERNANCE AND IAANAGEMENT Govemlng document Th• 11 li govein•d In 4ccordane• vAlh ¢on•Wlullon •• w Ch•rll•bl• IncorporAwd Or9•nl•iion Icioi •B •pprove¢J by Ihe Ch¥rty comm1un And which li unch4rvJed sknc4J iti ereAUon In OGtober 2015. A copy ol the cotIlutIon may oblain8d by applSeallon to th8 Tw$tee•. Ro¢rultm•nt and app¢lntrn•nt of now tru•ts•# The Truslaes poIY èn the appoinknant of new Truilees Ya lo executa Ihe prOdUre and 51and8rd8 881 out In the CI¢Yb Constlulion and further de4crib8d In ili sl&nd8rd. 'InvltaUon for New Truil¥Js" whlch May be obtaln•d by applle4lion to the Truitae•. RIBk mn•goment The Iru8le88 hove a duty lo Idenlty and revlew the risks towhkh th•chArfly is vxpomd and to 8pproprlth eonlrols are In plac• to provlde re080n8ble gAsur•nce against fi8ud and errof, The Twslee$ have pul in place robust procédure8 to regular me81 and docurnonl declBions a& well #J use bU$eSS and olh•i ¥YBterns lo control the Clo's finance8, oversee heqtth & sqlely, maintain tha CIO'S #Mels 8nd manage rfsk. The TNiiee8 h8Ve Put In plac and procedure$ lo prolocl th& CIO from the key niki to Its effedve And effldent oparallon whth they have identlfièd 2$ roPUt8llon81 and financial. Th•¥e are coverod In Its compli¢• Pollcy and ConsItiOn,. eopiès of whlch May b& obtained by aP1¢at)n to the Trustee$. OBJECTIVE8 AND ACTIVITIES Oblectlve• and #Ims The objects of the CIO ai•. The &dvanc8mant of ècumenlc81 Chr15118n rnlion for the pU1C benefit chkylty in Nc+rth Lincoln3hlr8 through e¢ucwtDn41 and m188Ionary aclwities as the TruseEs dEcKle, in particulAr but not exdusively. through the provl8Jon of a ba50 for Ihe sale of good8. dissernination ol inlomalion and the prov15ion of welcomlng and SUPPDrUve environment wh?re ottsr semces may be atxessBd in aC0)rdan Chfislian pdnc*l85. Page 1
THE WELL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENT ANO PERFORMANCE Charitsble actotIO8 A less Bucc8s&fvI yeat as book 58185 declined, and wa have b¢en reful lo manage expenditure carefulty, contr&dlng onIng to 5 do In ortler to weduce overtime. Lisa Beveridae was appoint¢4 0$ a Twstee. A long eIng employee fetid 8nd extra houts viere giTrRn lo tho shop rnanager. Improvements lo teethnojogy have holFed 8rLountlng procow8. To mke Christian literature ond r¢$our(s 8¥110 kn the eL)mmumty and piovth 8 meetr'ng point to promots Ghri$1ign knOwdge and 18lbw&hip In the Coffee Shop Ctn. remains Al the for8fronl olall we do. Sunday lunche8 8nd Saturday 8makfaBI conllnue lo lurther the charlt8b purpoaas. AM8rqts'on8 lo former toilets wer6 made to 1o¢llilHte Ba¥y moving of18bs and chairn for Ihesa nIs. Latoi in the ye8r a spe¢lal fvndr&ioor provhled forthe cost of buihying a new leit en the fi181 fioor. We benefitted frem a broak-in where littl8 wa# tslolen but the main front dwr and adjacent window wale kTreparabty damaged, a now •lumlnum doDr4nd window belng fund8d by the In$uran¢¢ cl4Im. Yoik8hlfe ch818 Csmp. s fixed 8nnual av?nl. provkled opportunlty lor good book iales. EledirAiy 90$ pricej rernain h¥h and the fixed gai de81 explrèd In Janu&ry 2025. A 90% Council Grinl eTrabd inltallallon tsf #olar p•ne15 ITh March 2024 (ln Iho previous financlal yaarl whl¢h brDyght furthor 5wvln95, Thè W•1 eontinues lo b?n¢fft fiom an 80% reductlon In Ihe ratBblo value of Jts shop as well 88 lh¢ benefit kt recefve8 trc Glfl •id rebate8. The Wèll su8laln8d four p&rt tkne paid roles and work exporlfjnce opportunithrys loi a nurnbor olvoluntoers, often peopl who mvJht otherw88 hAve 8truggl¢¢J 10 91in dlr•¢t #e¢es8 to employmont oi conlrlbute lo tha wlder communlty of e.g. leBmlng dlfficuttl88. We provlde a sale envlronment lo e4ulp 1•8m membern wlth the ekills, competenc48 and rnlnd•ol to work wlh conen¢e In publlc fadng envlronm•nl•. Th8 Vvell is ablè lo report Ihat Al the end of Mareh 2025 worg d¢bt fre•, though Incr¢•* In tho minlmum wage will h8¥e An adr ¢ff•ct on the nnonceo 81 2025 progreui88. Mlke Joyce Ion VWr8y CIAre Pow211 Ll88 Beveri(SJ• Approved by order of the bo•rrl ol Iru$teei on 15th JaThu8ry 2026 8nd slgned on ts behA W ty.. M J¢y¢e - Trustee Page 2
INDE ENDENT EXAMIPIER'S REPORT TO THE TRUSTEES OF THE WELL l pOrt on the arUnts ol Well (tho CIOI for the year ended 31 MNrch 2025, which 818 8Èt out on pa9e5 four lo fve. Responslbllrtlèffl and basis of report As tho chBrity trustees ol the CIO you 8re responslblè for the PreParat)n of the accliunts In arKordanc8 wfth th¢ requiram¢nl¥ of the Charitk88 Act 2011. I report In respect of my 8x8mlnalion E>fthe CIO'S accounts carried out under 8ection 145 ofthe Ad and in cairying out Oxomlnation I heve followed All applICab Directions given by the Chprity Commission under 14515llbl of the AeL. Indepond•nt èxam15 statsm•nt I hève COmp6d my exarniThation. I confirm that no material m8lter8 hav? o)mo 10 my 8ttentiorb In ¢onnectSon *ith the examlnatk)n gwir¥J me cau$8 to believe that in 8ny material fespeet.. cCounng re¢ords re not kept as rwuired by seclion 130 of the Act,. or 2, the account8 do Mt Accord wlth those record8 I h4vg no concema And h•v• corne auoss no other mtter¥ in connectlon whlh th? exornlnatknn lo whlch altentlon Str1d be dr4wn In Ihya report In order lo enable a pro1 understanding of the accounts io mathed. C. M. Tam# F.CA Smethursl & Co LLP 12 Abbey Rd GRIMSBY DN32 OHL DgtO'. IS+ ZoL6 Page 3
THE WELL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Rèstricted Funds UnrestrKtsd Fund6 Tolal 2026 Total 2024 RECEIPTS= Donabons Gift Aid Charity Shop Income Coffee Shop Income Bookshop InGome Government Grants 15,827 2.395 1Q.843 41,820 27,e51 770 99.3 15,827 2,395 10,843 41,820 27,651 770 99.3C6 11.D08 1,283 15,345 38,373 30,285 6.695 102.989 ASSET AND INVESTMENT SALES Fl¥gd As3els Ir8nsferred C8sh 81 Bank & in hand traTh¥forred TOTAL RECEIPTS PAYMENTS.. Charity Shop Expenses Coffee Shop Expenses eook8hop Expenses Oonalions 99.3C6 99,3( 102.989 499 9.193 19,928 499 9,193 19,928 250 11,122 17.664 47.352 7,799 971 8,213 1,321 47,352 7.799 971 fj.213 1,321 50.140 3,808 756 8,672 1,238 984 1.064 PAYE & Penslon $t0 B4nk Ch•rge• Premises Costs In9urance Sub8ulplion$ Tol¢ph¢ne Tr8vel Printiry & sI•0n•ry Prots$sional F••$ StAff Training Sundrrd& Rep•lr$ Advertlslng Independent Exomlnorn Fee 1.138 1,138 340 305 340 305 182 480 595 595 863 725 21X) 1,268 551 188 725 2QO 98.554 96 547 A88ET AND IMVESTMENT PURCHA8ES Purcha8• of Fixed 8ssetB 5.737 104291 TOTAL PA YMENYS NET RECEIPTS 99.954 648 Page 4
STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2026 Re8trfcted Unre8trtcted Totol Total 2025 202S 2026 2024 FIXED ASSETS Property 2nd lrnprov•kMnl• Flxlures ind finyB 234,068 6.082 240 150 234,C68 6.082 240,150 228.331 6,318 A¥Mts Tde Debtor8 758 clos Stock Cish al 8onk 31.049 754 31.049 754 3e,Lb)o 5.546 Cosh al PayP•l CAsh In Hond 224 224 706 TOTAL ASSETS 273.767 273.767 278.078 LIABILTIES Taxation & Sodal Securlty Foes foi Indyndnl Examlnavon and other 0¢toN1neY coit• Tr•de Credllor• 1,356 1.350 174 2,010 5,188 2,010 5,188 1.280 2.641 The finindal olaternents wero approved by the B08rd of Tru81aoB OTr.........-....... behallby.. . and were *ned en iLry M Joyce-Tru8t•e Pap5
NOTES TO THE FINANCIAL STATEMENTS AT 31 MARGH 2025 Goln Concarn In témw of Ihè charllls Abllity 10 58tlle out¥t4ndln9 Invol blllB and commbtrnerts a8 and when they fall dua, sll outsthndlng Invo*88 have b88n at Ihe Um8 of wrltlng and or¢ confid¢ntfft w511 contlnuE tg do so. do not ha¥e re8ervo8 but h•¥• regular gNin9 IndBpBndent pf laknnys. W• lully own the bulkjkng whl¢h 4 Posfthe a•Betvalued at ov8r £200,fK#J. It 18 fe85ible for the chBrfty lo b8 8 golng concern. At tha Mornt a ¢owrfng our 15. However, to sNfegu4rd the lulure we are looklng to sell tha bulhling and move to rentsd prernr6ts1. Thls wlll rèkalo a slynificant cash Inj8cIioTh. Page 8