Company registration number.. 10058858
Charity registration number.. 1168868
FLAIR FOUNDATION
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
illlllllllll
'AEYSON4Q'
2810312026
COMPANIES HOUSE
A05
#288

Flair Foundation
Contents
Page
Reference and Administrative Details
Trustees, Report
Independent Examiner's Report
statement of Flnancial Actlvities (including Income and Expendlture Account)
Balance Sheet
Notes to the Financial Statement5
9-13

Flair Foundation
Reference and Administrative Detalls
For The Year Ended 30 June 2025
Trustees
R Shah (appointed 2510712025)
P Riggs (resigned 2210712025)
Shah (appointed 25107120251
D Shah (reslgned 2210712025)
N Shah
Charity Number
1168868
Company Number
10058858
Reglstered Offlce
Etherow Works
Woolley Brldge Road
Hadfield
Derbyshire
SK13 2NS
Xndependent Examlner
Melllssa Dean
LCM Famlly Llmlted
60 Spring Gardens
Manchester
M2 2BQ
Page I

Flair Foundation
Company No. 10058858
Trustees, Report For The Year Ended 30 June 2025
The trustees present their report and the financial 5tatement5 for the year ended 30 June 2025.
Objectlves and Artivities
Policies and objectlves
The objectives of the charity as set out in the company's Memorandum and Articles of Assoclatlon are for the public benefit
and are specifically restricted to the following..
Such exclusively charitable purposes as the Trustees In thelr absolute dlscretion may determine from time to time.
The tharity's aims are to work hand in hand with Flalr Flooring Group Limited to acquire funds {predominantly from group
companies) to support and enhance other charltable bodies enabling them to carry out their own specific aims. Flair Flooring
Group Limited thrives to inspire and educate their employees on how to assist those in need and provide opportunities for
them to do so. Such opportunities are listed below.
Tn settlng objectives and planning for activities. the Trustees have glven due consideration to general guidance published by
the Charity Commission relating to public benefit, including the guidance 'Public beneflt runnlng a charlty {P82)'.
Strategies for achieving objectives
The charity's main activities are detailed below, all of which further our aims and objectives for the publlc's beneflt.
Organising speakers from charitable bodle5 to do a presentation of their work in the Flair Flooring company forum,
gathering support and awareness from collegues.
Carrying out fundraising events at the Flair Flooring offices, of whlch the money is wholly donated to
Flair Foundation.
Donating generous amounts to the charltable bodles we sponsor to enable them to carry out thelr work and Improve
people's quallty of life.
Collectlng Items of clothingi toys and food from collegues to contrlbute to food banks.
Trustees report
The Trustees confirm that the Annual Report and flnanclal statements of the company comply with the current statutory
requirements, the requlrernents of the company'5 governing document and the provisions of the Statement of
Recommended Practice {SORP), applicable to charitles preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 1021.
Since the Company qualifies as small under sectlon 382 of Companles Act 2006, the strategic report required of medium
and large companles under the Companles Act 2006 (Strategic Report and Directors, Report) Regulatlons 2013 has been
omltted.
The charity was establlshed on 11 March 2016 and commenced actlvitle5 on 16 May 2016.
Achlevements and Perforniance
Main Achievements
Key performance indicators
The Foundation measures its performance using the following key performance indicators..
Donations received in the period £39,604 (2024: £195,783)
Donations received from Flalr Floorlng Group £39,604 {2024: £195,633). External donatlon5 received of £Nil
(2024: £150).
Number of or9anisatlons supported in the period: 41
UK organisations supported: 34
.CONTINUED
Page 2

Flair Foundation
Trustees. Report (continued)
For The Year Ended 30 June 2025
Main Achlevements - eontlnued
Barty's £543
Barty's Foodbank £172
Bellies Not Bins £ 1,304
Cash for Kids Manchester £500
Change for Life £647
Christy Charlty £602
Change of Life Support £2,327
Crossroads £2,269
EGG £5,750
Embassy £48,001
End Result £600
Extra Time Glossop £280
Francis House £7SO
G52 £1.050
Glossop Bureau £600
Glossop Foodbank £l,OSO Home
Start £500
LGBTQ & Homeless Charlty £750
Metal Health £1,002
Mummys Star £750
Northcare Allicance £7SO
Oa515 £750
Prevent Breast Cancer £750
Prostate Cancer £700
Reubens Retreat £830
Sandwich Angels £1,050
SouthwayHou5ing £1200
St Andrews Junlor School £255
The Bread & 8utter Thing £750
The Shed £750
The Tussel Trust £600
Trafford Domestic Abuse Servlces £660
Wellspring Stockport £ 1,050
Whitfield Food Group £650
Overseas organisations supported.. 7
Action in Focus E 16,015
Amara Trust £3,154
Communlty Actlon Trust £250
Kashvi Foundatlon É-240
Project Mala £3, 111
Rotary Club of Klllndini £770
St Pauls Orphanage £7,122
Amount of money donated to worthy causes In the perlod £110,374 (2024: £117,875)
Donations to UK organisation5 £80,192 {2024: £62,217)
Donations to overseas organisations £30,182 (2024.. £55,658)
Achievements against objectlves set
Detailed below are the various charlties we have practically and financially 5UPPOrted in the period, allowing them to
accomplish their own aims and thus allowing us to fulfill our charitable objectives.
Northcare Charity
ECG
Oasis
Mummy's Star
Action in Focus
8umba Foundatlon
Project Mala
st Pauls Orphanage
Investment policy and performance
.CONTINUED
Page 3

Flair Foundation
Trustees. Report (continued)
For The Year Ended 30 June 2025
Main Achlevements - continued
The overall objectives a￿ to create sufflclent income and capital growth to enable the charity to carry out it5 purposes
consistently year-on-year with due and proper consideration for future needs and the maintenance of, and if possible,
enhancement of the value of the invested funds while they are retsined.
The objectives are achieved by investing prudently in a broad range of fixed Interest securities and equities which are
quoted on a Recognised Investment Exchange the Transact Platform Service and unit which are authorised under the
Financial Services and Markets Act 2000.
The investment manager Wren Sterllng Financial Planning Limited provides a quarterly review of performance and a review
of activity to the Trustees and the pollcy will be regularly reviewed to ensure the overall objectives continue to be achieved.
During the year, the above policy has generated a gain on investments of 210/0 (2024: gain of IOO/ol.
Flnanclal Revlew
Reserves Policy
As part of the ongoing activities of the Foundatlon, reserves totaling £936,090 were held at 30 June 2025 (2024..
£975,953). These are held to ensure the availability of continued fundlng for those activitles that are deemed suitsble by
the Trustees, namely for the promotion of educatlon and welfare.
Golng Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Foundation has adequate resources
to continue in operational existence for the forseeable future. For this reason, they continue to adopt the going concern
bas15 can be found in the accountlng policies.
Strurture, Governance and Management
Trustee Selection Methods
The management of the company Is the responsibility of the Trustees who are elected and co-opted under the terms of the
Memorandum and Articles of Assoclation.
Constltutlon
The company Is reglstered as a charitable company limited by guarantee and was set up by the Memorandum and Artlcles
of A5SOClation on I l March 2016.
The company is constituted under the Memorandum and Articles of Association dated 11 march 2016 and is a registered
charity, number 116868.
statement of Trustees, Responsibilitie$
The trustees {who are also the directors of Flair Foundatlon for the purposes of company law) are responsible for preparing
the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare Financial statements for each flnancial year. Under company law the trustees
must not approve the financial statement unless they are satlsfled that they give a true and fair view of the state of affairs of
the charltable company and of the Incomlng resources and application of resources, including the income and expenditure, of
the charitable company for that period. In preparing the financial statement5 the trustees are required to:
select 5Ultable accounting policies and then apply them consistentlyi
observe the methoL1s and principles in the Charity SORP {FRS 102);
make Judgments and accounting estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards {FRS 102) have been followed, subject to any material departures
disclosed and explained in the financial statements,.
p￿pare the financial statements on the going concern basis unless it is inappropriate to presume that the company
will contlnue In business.
The trustees are responsible for keeping adequate accountin9 records which disclose with reasonable accuracy at anytime the
flnancial posltlon of the charltable company and to enable them to ensure that the accounts comply with the Companles Act
2006. They are also responsible for safeguardlng the assets of the company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Page 4

Flair Foundation
Trustees. Report (continued)
For The Year Ended 30 June 2025
The trustees are responsible for the malntenance and Integrlty of the corporate and financial information included on the
charltable company's webslte. Legislation in the United Kingdom governin9 the preparation and dlsseminatlon of financial
statements may differ from legislation in other Jurisdictions.
The trustees, ￿Port was approved by the board of trustees and signed on its behalf by.,
Shah
Trustee
Date Trts1202è9
Page 5

Flalr Foundation
Independent Examiner's Report to the Trustees of Flair Foundation
For The Year Ended 30 June 2025
I report on the financial statements of Fair Foundatlon for the year ended 30 June 2025 which are set out on pages 7 to 13.
Responslbllities and Oas15 of Report
As the charity trustees of the Company (and also its dirertors for the purposes of company law)* you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and
eligible for Independent examlnatlon, I report in respect of my examination of your charity's accounts as carried out under
section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions glven by
the Charity Commission under sectlon 14515) (bl of the 2011 Act.
Thi5 report, Sncludlng rny statement, has been prepared for and only for the charlty'5 trustees as a body. My work has been
undertaken so that I might State to the charity's trustees those matters I am required to state to them In an independent
examiner's report anf for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to
anyone other than the charity and the charity's trustees as a body for my examination work, for this report. or for the
statements I have made.
Basis of Independent Examlner's Report
My examlnatlon was carried out In accordance wlth the general Directions glven by the Charlty Commlsslon. An examlnatlon
includes a revlew of the accounting records kept by the charity and a comparison of the flnanclal statements presented wlth
those record5. It also include5 consideration of any unusual items or disclosures in the financlal statements, 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 no opinion is given as to whether the financial 5tatement5 present a
'true and fair vlew. and the report Is limited to those matters set out In the statement below.
Zndependent Examlner's Statement
In connection wlth my examinatlon, which Is complete, no matters have come to my attentlon whSch glve me reasonable
cause to believe that In any material respect:
accounting records were not kept in ￿SpeCt of the Flair Foundation in accordance wlth section 386 of the 2006 Act,. or
the financial statements do not accord with those records; or
the financial statements do not comply wlth the accounting requlrements of section 396 of the 2006 Act other than
any requirement that the financial statements give a 'true and fair view, which is not a matter considered a5 part of an
Independent examination; or
the financial statement5 have not been prepared In accordance wlth the methods and prlnclple5 of the Statement of
Recommended Practice for accounting and reportln9 by charitie5
have no concerns and have come across no other matters in connection wlth the examination wlth which the examination to
which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be
reached.
Mellissa Dean
Date2+ts1z02
LCM Family Llmited
60 Spring Gardens
Manchester
M2 26Q
Page 6

Flair Foundation
statement of Financial Activities (including Income and Expenditure Account)
For The Year Ended 30 June 2025
2025
2024
Unrestrlcted Unrestrlcted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM:
Oonations and legacles
Investment5
39,604
10,261
19S.783
8,386
49,865
204.169
EXPENDITURE ON:
Charitable activities..
Charitable donations made
{115,586}
{ 122,470)
NET (EXPENDITURE)/INCOME BEFORE INVESTMENT (LOSSES)IGAINS
Net galns on Investments
{65,721)
25,858
81,699
62,103
hlET (EXPENDITURE)/ZNCOME
(39,863)
143,802
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total fund5 brought forward
{39,863>
143,802
975,953
832,152
TOTAL FUNDS CARRIED FORWARD .
li
936,090
975,954
The notes on pages 9 to 13 fom part of these Ilnanclal statements.
Page 7

Flair Foundation
Balance Sheet
As At 30 June 2025
2025
2024
Unrestricted
funds
Total
funds
Notes
CURRENT ASSETS
Debtors
83,562
833.271
19,429
83,562
682,269
213.663
Investments
Cash at bank and in hand
936,262
979,494
Cr¢dltor•: Amounts Falllng Due Wlthln One Year
io
(172)
13,540)
NET CURRENT ASSETS (LIABIUTIES)
936,090
975,954
TOTAL ASSETS LESS CURRENT LIA8ILITIES
936,090
975,954
NET AsseTS
936,090
975,954
FUNDS OF THE CHARITY
Unrestricted Funds
936.090
975,954
TOTAL FUNDS
li
936,090
975,954
For the year ending 30 June 2025 the charitable company was entitled to exemptlon fmm audit under section 477 of the
Companles Act 2006 relating to small companies.
The members have not required the charitable company to obtain an èudlt in accordance with section 476 of the Companies
Act 2006.
The trustees acknowledge thelr responslbllltles for complylng wlth the requlrements of the Act wlth respect to accountlng
record5 and the preparatlon of accounts,
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companles
regime.
On behalf of the board
N Shah
Trustee
The notes on pages 9 to 13 fomi part of these flnancial statements.
Page 8

Flair Foundation
Notes to the Financial Statements
For The Year Ended 30 June 2025
l. General Information
Flair Foundation is a company limited by guarantee, domiclled and incorporated in England & Wales, registered number
10058858 and registered charity number 1168868. The registered office is Etherow Works, Woolley Bridge Road, Hadfield.
Derbyshlre, SK13 2NS. The members of the companyare the Trustees named on page l. In the event of the charity being
wound up, the liablllty in respect of the guarantee is limited to £1 per member of the Trust.
2. Accountlng Pollcies
2.1. Basis ol Prepar•tlon ol Flnanclal Statements
The flnancial statements have been prepared in accordance wlth the Charities SORP (FRS 1021 "Accountlng and
Reporting by Charitles.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective I
January 2019)" The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies
Act 2006.
The charitable company meets the definition of a Public Benefit Entity as defined by FRS 102. Assets and liabilities a
initially recognised at historical cost or transaction value unle55 Otherwise stated in the relevant accounting policy.
2.2. Golng Concern Disclosure
After maklng appropriate enquires, the trustees have a reasonable expectatlon that the charlty has adequate resources
to continue In operational existence for the foreseeable future. For thls reason. they continue to adopt the going
concern basis in preparing the financlal statements.
2.3. Fund A¢¢ountlng
General funds are unrestricted lunds whlch are available for use at the dlscretion of the Trustees In furtherance of ihe
general objectives of the Company and whlch have not been deslgnated for other purposes.
2.4. Incomln9 Re$otsrces
All Income Is recognised once the Company has entitlement to the Income, it is probable that the income will be
received and the amount of income recelvable can be measured reliably.
The recognition of Income from legacies is dependent on establishing entitlement, the probability of recelpt and the
ability to estlmate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the
Company has sufficient evidence that a gift has been left to them {through knowledge of the exlstence of a valid will
and the death of the benefactor) and the executor is satlsfied tha tthe property In questlon will not be required to
satisfy clalms In the estate. Receipt of a legacy must be recogni5ed when It Is probable that it w511 be recelved and the
falr value of the amount ￿ceivable, which will generally be the expected cash amount to be dlstrlbuted to the
Companyi can be rellably measured.
Where the donated good is a fixed asset, It Is measured at falr value, unless it Is impractical to measure this reliably. In
which case the cost of the Items to the donar shoudl be used. The galn 15 recognlsed as income from donatlons and a
corresponding amount is included In the appropriate fixed asset class and depreciated over the useful economic life in
ccordance wlth the Company's accontlng pollcles.
On recelpt, donated professional servlces and facilities are recognised on the basis of the value of the gift to the
Company which is the amount it woudl have been willing to pay to obtain services or facilities of equlvalent economic
benefit an the open market,. a corresponding amount is then recognlsed in expenditure in the perlod of receipt.
2.5. Investments
Fixed asset Investments are a form of financlal Instrument and are initially recognlsed at their transaction cost and
subsequently measured at fair value at the balance sheet date, unless the value cannot be measured reliably in which
Case it is measured at cost less impairment. All gains and losses are taken to the Statement of Financial Activities as
they arise. Rea115ed gains and 1055es on Investment5 are calculated as the dlfference between sale5 proceed5 and
opening market value (purchase date If later). Unrealised gains and losses are calculated as the difference between the
market value at the period end and openign market value (purchase date if later).
2.6. Cash and Cash Equivalents
Cash at bank and in hand inclvdes cash and short-term highly liquid investments with a short maturity of three months
or less from the date of acquisition or opening of the deposit or similar account.
2.7. Financial Instruments
The Company only has financial asset5 and financial liabilities of a kind that Qualify as basic financlal instruments.
Basic financial in5trumentS a￿ initially recognised at transaction value and subsequently measured at their settlement
value with the exception of bank loans which are subsequently measured at amortised c05t using the effective interest
method.
Page 9

Flair Foundation
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.8. Taxation
The Company is considered to pass the tests set ou in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Company is potentially
exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of
the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such
income or gains are applied exclusively to charitable purposes.
2.9. Expenditure
Expenditure is recognised once there 15 a legal or constructive obligatlon to transfer economic benefit to a third part, it
Is probable that a transfer of economic benefits wlll be requlred in settlement and the amount of the obligation can be
measured reliably. Expenditure is classlfied by activity. The costs of each activity are made up o fthe total of direct
costs and shared costs, includlng support costs involved in undertaking each activity. Direct costs attributable to a
single actlvlty are allocated irectly to that activity. Shared costs which contrlbute to more than one activity and support
costs which are not attributable to a singlea activity are apportioned between those activities on a ba515 consistent
with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charge5
allocated on the portion of the asset's use.
Expenditure on charitable activitie5 is incurred on directly undertaking the activltles which further the Company's
objectives, as well as any assoclated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional,
such grants being recognlsed as expenditure when the conditions attaching a￿ fulfilled. Grants offered subjert to
condltlons whlch have not been met at the year end are noted as a commltment, but not accrued as expenditure.
All expenditure Is inclusive or Irrecoverable VAT.
2.10. Interest receivable
Interest on fund5 held on deposit is included when recelvable and the amount can be measured rellably by the
Company; this normally upon notiflcatlon of the interest paid or payable by the Institution with whom the funds are
deposited.
2.11. Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Amounts owed by
associated undertaklngs are recognised at the settlement amount. Prepayments are valued at the amount prepald net
of any trade discounts due.
3. Income from Donatlons and Legacies
2025
2024
Unrestricted Unrestricted
funds
funds
Donations and gifts
39,604
195,783
4. Investment Income
2025
2024
Unrestrlcted Unrestricted
funds
funds
Interest from investments
10,261
8.386
Page 10

Flair Foundation
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
5. Analysis of Expenditure
2025
Activities
undertaken
directly
Support
costs
(see note 6)
Totsl
Charitable donatlon5 made
5,117
110,469
115,586
2024
Activities
undertaken
dlrectlv
Support
costs
(see note 6)
Total
Charitable donatlons made
4,595
117,875
122,470
6. Support Costs
2025
Charltable
donations
made
General administration.,
Charltable donatlons
110,469
2024
Charltable
donations
made
General administratlon..
Charltable donations
117,875
Analysls of sUPPOrt costs
The support Costs of £5,711 {2024: £4,595) relate to investment expenditure.
7. Average Number of Employees
Average number of employees during the year was: NIL (2024: NIL)
8. Debtors
2025
2024
Due within one year
Amounts owed by participating interests
83,562
83,562
Page 11

Flair Foundatlon
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
9. Current Asset Investments
2025
2024
Llsted investments
Short term deposlts
816,378
16.893
648,687
33,582
833,271
682,269
The market value of the listed Investments as at 30 June 2025 was £833,271 (2024.. £682,269).
Material investment holdings with a market value of more than 5% of the total market value of investments as at 30 June
2025. which is approxlmately £40,000.
Investment
Artemis Income Fund Class 1
CT US Discipllned Core Equities NG
Guinness Global Equity Income Class Y
IFSL Evenlode Global Equity F
Legal & General Internatlonal Index Trust
Royal London Global Equity Diverslfied Z
10. Creditors: Amounts F•lllng Due Within One Year
Holdlng
16,916
3,735
2,560
35,497
26,475
65,008
Market Value
53,552
68,847
72,445
56,746
76,170
89,972
2025
2024
Trade credltors
172
3,540
11. Movement In Funds
As at l July
2024
Asat30
expendlture june 2025
Income
Unrestrirted funds
General:
General unrestrScted fund
975,953
49,865
(89,728)
936,090
Total funds
975,953
49,865
(89,728)
936,090
As at l July
2023
Asat30
June 2024
Income
ExpendSture
Unrestrirted funds
General:
General unrestricted fund
832,152
204,169
(60,367)
975,954
Total funds
832,152
204,169
(60,367)
975,954
12. Transactions wlth Trustee$
None of the trustee5 received any remuneration or any other beneflts from an employment with the charity or a related entity
during the current or previous year.
13. Related Party Disclosures
Donations totaling £39,604 12024.. £ 195,633) were received from Flair Flooring Supplies Limited, a cofflpany that has
common directors with the charity. At the year end, an amount of £83,562 (2024.. £83,562) was due from Flair Flooring
Supplies Limited and Is disclosed wlthin Note 8 Debtors
Page 12

Flair Foundation
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
14. Company limlted by guarantee
The company 15 limited by guarantee and has no share capitsl.
Every member of the company undertakes to contribute to the assets of the company, In the event of a wlndlng up, such an
amount as may be required not exceeding £1.
Page 13