CENTRAL READERS COUNCIL CIO
Registered Charlty Number 1182319
FINANCIAL STATEMENTS
FOR THE YEAR ENDING
31st DECEMBER 2025
CHURCH HOUSE
GREAT SMITH STREET
LONDON SWIP3AZ
INDEX
Page
Statement of financial activities ISOFAI
Balance sheet
Notes to the accounts
Accounting policies
Analysis DI SOFA
Analysis DI delegated funds
Analysis ol designated funds
Investments and Trustee notes
Independent Examiner's report to the Trusiees

CENTRAL READERS COUNCILCIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THEYEAR ENDED 31ST DECEMBER2025
Unrestricted
funds
Restrlcted funds Total2025
Totsl 2024
INCOMING RESOURCES
Voluntary Income
Diocesan contribuiions
Generated Income
Magazine and Website Income
Sundry sales
23.178
23,178
25,531
70,253
2,326
72,579
70,253
2.326
72,579
63,629
1,925
65,554
Donatlons re¢elved
Investment Income
Total Income
TOTAL INCOMING RESOURCES
693
693
7,134
103,584
103,584
838
7,940
99,863
99.863
7,134
103.584
103,584
RESOURCES EXPENDED
Cost of Generatlng Funds
Fundraising costs
Cost ofGenerated Income
Magazine an(1 Website costs
Cost ol sundry sales
53,078
4,413
57,491
53,078
4.413
57,491
62,355
788
63,143
Other Charitable Actlvities
Educational Modules
Subscriptions web siteldatabase
Grants made
268
7,503
3.850
11,621
8.660
2,840
11.500
8,660
2,840
11,500
Governance costs
28,455
28,455
30,186
TOTAL RESOURCES USED
97,446
97,446
104.950
NET RESOURCES
UNREALISED GAINS
Decrease in value of investments
6,138
6,138
15.0871
-5,294
844
226,578
227,422
-5.294
844
2.968
12,1191
228,697
226.578
FUNDS as at IstJANUARY2025
FUNDSAT31ST DECEMBER2025
226,578
227.422

CENTRAL READERS COUNCILCIO
BALANCE SHEET
ASAT31ST DECEMBER 2025
2025
2024
FIXED ASSETS- Tangible fixeil assets
LONGTERM INVESTMENT
CBF Investment Fund Shafes
lat market bid value) Isee Notes)
127.433
132.727
CURRENT ASSETS
Stock
Sundry debtors Isee notes)
CBF General Fund Deposit Alc
CBF Adams Myland DepositAJC
CAF Bank Current AJC
CAF Bank Deposit Alc
CAF BankAdams-Myland Alc
1.240
3,386
32,899
19,320
1.014
42,384
4.906
105,149
5,653
5,347
32.899
19.320
55
29.619
2,622
95,515
LESS: CURRENT LIABILITIES
Cfeditorslsee notes)
5,160
1,664
99,989
227,422
93,851
226,578
NET ASSETS
FINANCED BY..
UnrestricteLI funds
Capital fund
Unrealised surplus on investments
12,483
109.051
12,483
109,051
121,534
121,534
Income funds
General
Delegated Funds
Adams-myland
52,380
16,084
37,424
65,930
19681
40.082
105,888
105,044
TOTAL FUNDS
227,422
226,578
Approved by the Trustees on
and signed on their behalf by:
Chair
Hon Treasurer

CENTRAL READERS, COUNCIL CIO
Notes to the Accounts for the Year to 31st December 2024
(These notes form part of the Accounts)
l. Accountin
Policies
Basis of
arin
the financial ststements
The financial statements of the charity, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP IFRSSEI 'Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard for
Smaller Entities (the FRSSEI leffective l January 20151,, the Financial Reporting
Standard for Smaller Entities (effective January 20151 and the Charities Act 2011.
The financial statements have been prepared under the historical cost convention with
the exception of investments which are included at market value.
re
INCOMING RESOURCES
Recognition of incoming
These are included in the Statement of Financial Activities
ISOFAI when-.
I the charity becomes entitled to the resources,.
2 the trustees are virtually certain they will receive
the resources,. and
3 the monetary value can be measured with sufficient
Incoming resources with related Where incominE resources have related expenditure las
with fundraising or contract income) the incoming resources
and related expenditure are reported gross in the SOFA.
Grants and donation5
Grants and donations are only included in the SOFA when
the charity has unconditional entitlement to the resources.
The value of any voluntary help received is not included in
the accounts but is described in the trustees, annual report.
Investment income
This is included in the accounts when received.
Investment gains and losses
This includes any gain or loss on the sale of investments
and any gain or loss resulting from revaluing investments to
market value at the end c>1 the year.

CENTRAL READERS, COUNCIL
Notes to the Accounts for the Year to 31st December 2024
(These notes form part of the Accountsl
EXPENDITURE AND LIABILITIES
Liablllty recognitlon
LiaL)ilities are recognised as soon as there 15 a legal or
constructive obligation committing the charity to pay out
resources.
Governance costs
Include costs of the preparation and examination of statutory
accoLtnts, the costs of Executive Committee meetings,
officers expenses and any legal advice to the trustees on
governance or constitutional matters.
Grants payable without
performance conditions
These are only recognised in the accounts when a
commitment has been made and there are no conditions
to be met relating to the grant which remains in the
control of the charity.
ASSETS
Investments
Investments quoted on a recogllised stock exchange are
valued at market value at the year end.
stocks
These are valued at the lower of cost or net realisable
value.

CENTRAL READERS COUNCILCIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER2025
Statement ol FlnanclalActivities
General Delegated
funds
funds
Designated
funds
Magazine
Adams Myland
{See below) (See below)
2025
2024
Totsl
Income
Diocesan contributions Ivoluntaryl 23,178
Sales ol merchandise
2.326
Magazine Subscriptions
Magazine Advertising
Donations received
Investment income
Other income
Total Income
23,178
2.326
60,502
9.663
693
7.134
88
103,584
25,531
1,925
54,571
8.993
838
7,940
65
99,863
60,502
9,663
67
2.755
88
28,414
626
4,379
70,165
5,005
28,414
70,165
5,005
103.584
99,863
Expendlture
Salaries
Professional fees
Officers. expenses
Executive Committee
Other commiltee meetings
Educational Modules
Magazine production costs
Subscriptions web site
Subscriptions database
Cost ot merchandise sold
Grants made
In(lependent examiner fee
Admin expenses
Depreciation
Total expendlture
23,353
23,353
6,673
1.764
491
22,986
8.307
950
3.071
6.673
1,764
491
1,447
1.447
268
53,932
7.619
46,440
46,440
8,660
8,660
4.413
4.413
2,840
loo
1,265
2.840
3,850
loo
loo
1,205
60
3.334
533
41.433
53,113
2,900
97,446
104.950
113,0191
17,052
2.105
6,138
15,0871
Transfer tietween funds
Change in value of investments
Surplus (Deficit) for the year
15311
113,5501
-4.763
12,6581
-5,294
844
2,968
12,1191
17,052
Balances brought forward
Balances carried forward
68,059
54.509
19681
16,084
159,487
156,829
226,578
227,422
228,697
226,578

CENTRAL READERS COUNCILCIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER2025l¢ontlnuedl
Delegated funds
The trustees delegated funds to a communications committee. This has a responsibilityforthe
Transforming Ministry magazine, the CRC website and sovial media.
Designated funds
The executive committee designated a separate fund forthe specific purpose. The Adams Myland
fund represents a legacyfrom Mrs Adams and a gift from Miss Myland, ol which the income derived
trom the lunds are used for the good and the training ol Readers. The original investment was £12,483.
Reirnbursed Expenses
Five12024 eight) trustees were reimbursed expenses to a total of £217 in 202512024- £9951-
Salary Costs
The Central Readers Council employed 2 members of staff during the year.
2025
23,353
2024
22.986
Salarie5 & National Insurance £
Investments
Designated
funds
General fund Total 2025
Total 2024
At 1st January
IDecreasel I Increase durirbg year
At 31st December
119.404
-4,763
114,641
13,323
15311
12,792
132,727
-5,294
127,433
129.759
2,968
132.727
Holdings forthe general fund.. 576.20 shares at £22.20 each12024 £23.121
Holdings from the Adams bequest: 2,964 shares at £22.20 each12024 £23.12)
Holdings forthe Myland bequest.. 2.200 shares at £22.20 each12024 £23.12)
SundryDebtors
2025
2024
Accounts Receivable
Accrueii income
1,141
529
3,501
Stripe Clearing Account
1,715
3,385
1,846
5.347
Credltors
Sundry Creditors
5,160
5,160
1,664
1.664

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
THE CENTRAL READERS COUNCILCIO
I report on the accounts ofthe charity for the year ended 31st December 2025 which are set out
on pages 2 to 7
Re5pectlve responslblllties ol trustees and examlner
The charity's trustee5 are responsible forthe preparation of the accLiunts. The charity's trustees
consider that an audit is not required for this year lunder section 144121 of the Charities Act
2011 (the 2011 Actll and that an independent examination is requiTed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act,.
follow the procedures laid down in the General Directions Eiven by the
Charity Commission lun(ler section 14515llbl of the 2011 Act). and
state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity
and 8 comparison of the accounts presented with those records. It also includes consideration
ol any unusual items or disclosures in the account5, 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 amounts that would be required in an audit, and consequently no opinion 15 given
as to whetherthe accountms present a'true and fair view, and the report is limited to Ihose
matters set out in the Statement below.
Independent examlner's statement
In connection with my examination, no matter has come to my attenlion..
111 which gives me reasonable cause to believe that in any material respect
the requirements:
to keep accounting records in accordance with section 130 ofthe 2011 Act:
and
to prepare accounts which accord with the accounting recorls and comply
with the accounting reouirernents of the 2011 Act
have not been met,. 01
121 to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reachett.
Richard HW Beath Bsc FCCA
58ACombe Road
Combe Down
Bath BA2 5HZ
Date
16-Mar-26