REGISTERED COMPANY NUMBER: 09683130 (England and Wales) REGISTERED CHARITY NUMBER: 1172625
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2025
for
Love Your Community
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
Love Your Community
Contents of the Financial Statements for the Year Ended 31 July 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | to | 5 |
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
Love Your Community
Report of the Trustees
for the Year Ended 31 July 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09683130 (England and Wales)
Registered Charity number 1172625
Registered office
St Birinus House Langley Hill Calcot Reading Berkshire RG31 4QX
Trustees
Mr Graham Hedley Bates (resigned 30/4/2025) Mr Gary James Bowden Ms Jillian Wells Mr. Gareth Owen
Company Secretary
Ms. Jill Wells
Independent Examiner
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
16/12/2025
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mr. Gareth Owen - Trustee
Page 1
Independent Examiner's Report to the Trustees of Love Your Community
Independent examiner's report to the trustees of Love Your Community ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors 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 are eligible for independent examination, 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 given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard Hilling
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
Date: .............................................
Page 2
Love Your Community
Statement of Financial Activities
for the Year Ended 31 July 2025
| Unrestricted fund Notes £ Income and endowments from Other trading activities 2 184,507 Investment income 3 102 Other income 8,068 Total 192,677 Expenditure on Raising funds 4 160,080 Other 17,020 Total 177,100 NET INCOME 15,577 Reconciliation of funds Total funds brought forward 77,606 Total funds carried forward 93,183 |
Restricted fund £ - - - - - - - - 183 183 |
2025 Total funds £ 184,507 102 8,068 192,677 160,080 17,020 177,100 15,577 77,789 93,366 |
2024 Total funds £ 179,575 124 - |
|---|---|---|---|
| 179,699 | |||
| 137,919 13,191 |
|||
| 151,110 | |||
| 28,589 49,200 |
|||
| 77,789 |
The notes form part of these financial statements
Page 3
Love Your Community
Balance Sheet
31 July 2025
| Unrestricted Restricted fund fund Notes £ £ Fixed assets Tangible assets 9 85 - Current assets Debtors 10 15,455 - Cash at bank and in hand 77,674 183 93,129 183 Creditors Amounts falling due within one year 11 (31) - Net current assets 93,098 183 Total assets less current liabilities 93,183 183 NET ASSETS 93,183 183 Funds 12 Unrestricted funds Restricted funds Total funds |
2025 Total funds £ 85 15,455 77,857 93,312 (31) 93,281 93,366 93,366 93,183 183 93,366 |
2024 Total funds £ 113 14,981 64,356 79,337 (1,661) 77,676 77,789 77,789 77,606 183 77,789 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair 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 otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 4
Love Your Community
Balance Sheet - continued 31 July 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
16/12/2025 The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr. Gareth Owen - Trustee
The notes form part of these financial statements
Page 5
Love Your Community
Notes to the Financial Statements for the Year Ended 31 July 2025
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted 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 the notes to the financial statements.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 6
continued...
Love Your Community
| Notes to the Financial Statements-continued for the Year Ended 31 July 2025 2. OTHER TRADING ACTIVITIES Love Your Neighbour Fees Uniform, trips fee etc. Utilities from The Gate Job Retention Grant 3. INVESTMENT INCOME Deposit account interest 4. RAISING FUNDS RAISING DONATIONS AND LEGACIES Other operating leases Love Your Neighbour Uniform, trip fee etc. Early Years Pupil Premium - Expenses Support costs 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases |
2025 £ - 181,744 2,283 - 480 184,507 2025 £ 102 2025 £ 25,000 - 6,992 203 952 33,147 2025 £ 28 25,000 |
2024 £ 1,100 176,284 591 1,600 - |
2024 £ 1,100 176,284 591 1,600 - |
|---|---|---|---|
| 179,575 | |||
| 2024 £ 124 2024 £ 24,500 2,334 4,896 343 - |
|||
| 32,073 | |||
| 2024 £ 38 24,500 |
continued...
Page 7
Love Your Community
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
8.
| Trustees & Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ Income and endowments from Other trading activities 178,475 Investment income 124 Total 178,599 Expenditure on Raising funds 135,585 Other 13,191 Total 148,776 NET INCOME/(EXPENDITURE) 29,823 Reconciliation of funds Total funds brought forward 47,783 Total funds carried forward 77,606 |
2025 15 Restricted fund £ 1,100 - 1,100 2,334 - 2,334 (1,234) 1,417 183 |
2024 17 Total funds £ 179,575 124 |
|---|---|---|
| 179,699 | ||
| 137,919 13,191 |
||
| 151,110 | ||
| 28,589 49,200 |
||
| 77,789 |
continued...
Page 8
Love Your Community
Notes to the Financial Statements - continued
for the Year Ended 31 July 2025
9. TANGIBLE FIXED ASSETS
| 9. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Computer | |||||
| equipment | |||||
| £ | |||||
| COST | |||||
| At 1 August 2024 and 31 July 2025 | 479 | ||||
| DEPRECIATION | |||||
| At 1 August 2024 | 366 | ||||
| Charge for year | 28 | ||||
| At 31 July 2025 | 394 | ||||
| NET BOOK VALUE | |||||
| At 31 July 2025 | 85 | ||||
| At 31 July 2024 | 113 | ||||
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Trade debtors | 455 | (19) | |||
| Other Loan- The Gate | 15,000 | 15,000 | |||
| 15,455 | 14,981 | ||||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Social security and other taxes | (2,239) | (1,493) | |||
| Pension Liability | (300) | 614 | |||
| Accrued expenses | 2,570 | 2,540 | |||
| 31 | 1,661 | ||||
| 12. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.8.24 | in funds | 31.7.25 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 77,606 | 15,577 | 93,183 | ||
| Restricted funds | |||||
| Restricted fund | |||||
| 183 | - | 183 | |||
| TOTAL FUNDS | 77,789 | 15,577 | 93,366 |
continued...
Page 9
Love Your Community
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Incoming | Resources | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 192,677 | (177,100) | 15,577 | |
| TOTAL FUNDS | 192,677 | (177,100) | 15,577 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.8.23 | in funds | 31.7.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 47,783 | 29,823 | 77,606 | |
| Restricted funds | ||||
| Restricted fund | ||||
| 1,417 | (1,234) | 183 | ||
| TOTAL FUNDS | 49,200 | 28,589 | 77,789 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 178,599 | (148,776) | 29,823 | |
| Restricted funds | ||||
| Restricted fund | ||||
| 1,100 | (2,334) | (1,234) | ||
| TOTAL FUNDS | 179,699 | (151,110) | 28,589 |
continued...
Page 10
Love Your Community
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.23 | in funds | 31.7.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 47,783 | 45,400 | 93,183 |
| Restricted funds | |||
| Restricted fund | |||
| 1,417 | (1,234) | 183 | |
| TOTAL FUNDS | 49,200 | 44,166 | 93,366 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS 13. RELATED PARTY DISCLOSURES |
Incoming resources £ 371,276 1,100 372,376 |
Resources Movement expended in funds £ £ (325,876) 45,400 (2,334) (1,234) (328,210) 44,166 |
Resources Movement expended in funds £ £ (325,876) 45,400 (2,334) (1,234) (328,210) 44,166 |
|---|---|---|---|
| 44,166 | |||
There were no related party transactions for the year ended 31 July 2025.
Page 11
Love Your Community
| Income and endowments Other trading activities Love Your Neighbour Fees Uniform, trips fee etc. Utilities from The Gate Job Retention Grant Investment income Deposit account interest Other income Other Income Insurance Receipts Total incoming resources Expenditure Raising donations and legacies Other operating leases Love Your Neighbour Uniform, trip fee etc. Early Years Pupil Premium - Expenses Other trading activities Wages and salaries Pensions Support costs Management Rates and water Insurance Light and heat Telephone and fax Carried forward |
Detailed Statement of Financial Activities for the Year Ended 31 July 2025 |
2025 £ - 181,744 2,283 - 480 184,507 102 30 8,038 8,068 192,677 25,000 - 6,992 203 32,195 123,935 2,998 126,933 207 1,675 1,603 959 4,444 |
2024 £ 1,100 176,284 591 1,600 - |
|---|---|---|---|
| 179,575 124 - - |
|||
| - | |||
| 179,699 24,500 2,334 4,896 343 |
|||
| 32,073 103,570 2,276 |
|||
| 105,846 - 1,574 2,362 1,008 4,944 |
This page does not form part of the statutory financial statements
Page 12
Love Your Community
| Management Brought forward Postage and stationery Advertising and Promotion Sundry Expenses Repair and Renewals Finance Legal and professional charges Bank charges Information technology Software licences Other Staff training and welfare Governance costs Accountancy fees Computer equipment Total resources expended Net income |
Detailed Statement of Financial Activities for the Year Ended 31 July 2025 |
2025 £ 4,444 259 273 - 9,126 14,102 35 299 334 2,268 288 952 28 980 177,100 15,577 |
2024 £ 4,944 1,282 455 13 3,945 |
|---|---|---|---|
| 10,639 35 202 |
|||
| 237 870 513 894 38 |
|||
| 932 | |||
| 151,110 | |||
| 28,589 |
This page does not form part of the statutory financial statements
Page 13
Love Your Community St Birinus House Langley Hill Calcot Reading Berkshire United Kingdom RG31 4QX
12[th ] November 2025
To,
Avalon Accounting Ltd 12, Park Lane Tilehurst Reading Berkshire RG31 5DL
Dear Sirs,
During the preparation of our accounts for the year ending 31[st] July 2025 the following representations were made by us to you.
Representation
-
I acknowledge as director that I have fulfilled my responsibilities under the Charities Act 2011 for making accurate representations to you and for the accounts which you have prepared for the charity association.
-
I confirm that all accounting records had been made available to you for the purpose of preparing the independent examination report and that all the transactions undertaken by the charity had been properly reflected and recorded in the accounting records.
-
I confirm that the charity had no liabilities or contingent liabilities other than those disclosed in the accounts.
-
I confirm that there have been no events since the balance sheet date which required disclosing or which would materially affect the amounts in the accounts, other than those already disclosed or included in the report.
-
I confirm that the related party relationships and transactions set out below are a complete list of such relationships and transactions and that we are not aware of any further related party matters or transactions.
| transactions. | ||
|---|---|---|
| Party | Relationship | Nature of transaction |
| - | - | - |
I confirm that I was aware that that a related party of the charity is a person or organisation which either directly or indirectly controls, has joint control of, or significantly influences the charity or vice versa and as a result will include: trustees, other key management, close family and other business interests of the previous.
- I confirm that the charity has not contracted for any capital expenditure other than as disclosed in the accounts.
Love Your Community St Birinus House Langley Hill Calcot Reading Berkshire United Kingdom RG31 4QX
-
I confirm that the charity has not contracted for any capital expenditure other than as disclosed in the accounts.
-
I confirm that there are no laws or regulations that are central to the charity’s ability to conduct its business.
I confirm that I have read and understood the contents of this letter and agree that it accurately reflects the representations made to you by the trustees during the course of preparing the charity’s accounts.
Yours faithfully,
…………………………………………
On behalf of the Trustees Love Your Community
Date:
16/12/2025