## _**Guidance from the Charity Commission website:**_
## **Reports for small non-company charities**
If your charity’s income is under £500,000 (and providing it doesn’t have assets worth more than £3.26million), prepare a simple report including:
- your charity’s name, registration number, address and trustee names
- its structure and details of how it is managed, including how it recruits trustees
- its activities and objectives in the year
- its achievements and performance, including reporting on its public benefit
- a financial review including any debts and details of your reserves policy (if applicable)
- details of any funds held as a custodian trustee
You can put more detail into your trustees’ annual report if you want to.
## **Kitsquad Annual Report 2024/2025**
## **Charity Name:** Kitsquad
## **Charity Number:** 1207172
**Address:** Unit 49b, Atcham Business Park, Atcham, Shrewsbury, SY4 4UG
## **Trustees:**
Fran Pearson
Helen Gough
Cara Jones
Dan Guy
## **Overview of Kitsquad**
Kitsquad is a small volunteer led Charity, based in Atcham, Shropshire. It comprises of four trustees, two of whom also volunteer at its base in Atcham. The Trustees meet once every 1-3 months.
In addition to the Trustees, there is also a team of 8 volunteers who work out of the base in Atcham. Decisions surrounding the direction of the charity are made by the Trustees. At a local level, decisions are made by the volunteers and the two Trustees who are based at Kitsquad HQ. Volunteer meetings are held every quarter and this enables the volunteers to contribute to the discussions surrounding the day to day running of the charity, as well as the target driven decisions.
During this time frame, one of our Trustees has resigned and we have recruited a new Trustee. This call out for a new Trustee was initially put to our volunteers and one of them has now joined us as a Trustee. Please note that we are currently looking to expand out Trustee Team and we have placed adverts on social media.
## **Activities & Objectives**
Kitsquad provide outdoor clothing and equipment to people across the UK who are considered low income. Those living in poverty are recognised as being one of the underrepresented groups in our open green spaces and the overriding reason for this is a lack of access to affordable and necessary clothing and equipment. Kitsquad aims to smash that barrier.
All the clothing and equipment that Kitsquad sends out to its beneficiaries has been donated by members of the public and some businesses. Kitsquad provides a bespoke recycling and donation service where these items do not enter the generic
second-hand market, ensuring that it has a quicker turn around and is back out being used. This reduces the risk of these items ending up prematurely in landfill.
## **Achievements and Performance**
Kitsquad has supplied clothing and equipment to 521 over this 12-month period. All 4 home countries have beneficiaries located, with only one postal area not accounted for in these figures:
Other achievements include keeping tonnes of clothing and equipment out of landfill and enhancing our team of volunteers over this time period.
## **Public Benefit**
As a result of Kitsquad supplying outdoor clothing and equipment to people living in poverty, we given them the opportunity to engage in outdoor groups. They have also reported that they now engage with family and friends more, as a result now being able to join them of outdoor excursions.
The ripple effect would extend to other businesses that support individuals participating in these activities. These include pubs and cafes, shops, walking groups and outdoor activity centres.
Because Kitsquad offer a donation service for surplus outdoor kit, we offer the public the opportunity to responsibly off load their surplus stock.
## **Financial review**
Kitsquad is funded by a mixture of donations, grants, Patreon, fundraisers and its online charity shops.
Opening balance: £2,358.60
Closing balance: £454.73
Income generated for this period: £30,560.50
Outgoings for this period: £32,353.48
Kitsquad has no debts. No funds held as a custodian trustee.
Signed:
Frances Pearson, Chair of Trustees
Registered number: 1207172
**KITSQUAD DUMMY COMPANY DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025**
## **Kitsquad dummy company Contents**
||**Page**|
|---|---|
|Company Information|1|
|Director's Report|2|
|Accountant's Report|3|
|Profit and Loss Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6|
|The following pages do not form part of the statutory accounts:||
|Trading Profit and Loss Account|7|
**Kitsquad dummy company Company Information For The Year Ended 28 February 2025**
|**Company Number**|1207172|
|---|---|
|**Accountants**|TaxAssist Accountants|
||Chartered Accountants|
||58 High Street|
||Telford, Madeley|
||Shropshire|
||TF7 5AT|
Page 1
## **Kitsquad dummy company Company No. 1207172 Director's Report For The Year Ended 28 February 2025**
The director presents his report and the financial statements for the year ended 28 February 2025.
## **Directors**
The director who held office during the year were as follows:
## **Statement of Director's Responsibilities**
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
By order of the board
21/12/2025
Page 2
## **Kitsquad dummy company Accountant's Report For The Year Ended 28 February 2025**
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 28 February 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
21/12/2025
TaxAssist Accountants Chartered Accountants 58 High Street Telford, Madeley Shropshire TF7 5AT
Page 3
## **Kitsquad dummy company Profit and Loss Account For The Year Ended 28 February 2025**
|**Notes**
**TURNOVER**
**GROSS PROFIT**
Administrative expenses
**OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR**|**2025**
**£**
28,529|
|---|---|
||28,529
(30,839)|
||(2,310)|
The notes on page 6 form part of these financial statements.
Page 4
## **Kitsquad dummy company Balance Sheet As At 28 February 2025**
|**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**4**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**CAPITAL AND RESERVES**
Other reserves
Profit and Loss Account
**SHAREHOLDERS' FUNDS**|**2025**
**£**
**£**
1,603
1,603
(181)
1,422
1,422
1,422
3,732
(2,310)
1,422|**2025**
**£**
**£**
1,603
1,603
(181)
1,422
1,422
1,422
3,732
(2,310)
1,422|
|---|---|---|
||1,603
(181)||
||||
|||1,422|
|||1,422|
|||3,732
(2,310)|
|||1,422|
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
21/12/2025
The notes on page 6 form part of these financial statements.
Page 5
**Kitsquad dummy company Notes to the Financial Statements For The Year Ended 28 February 2025**
## 1. **General Information**
Kitsquad dummy company is a private company, limited by shares, incorporated in England & Wales, registered number 1207172. The registered office is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
## 2.2. **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## 3. **Average Number of Employees**
Average number of employees, including directors, during the year was: 1
## 4. **Creditors: Amounts Falling Due Within One Year**
|Trade creditors
Other creditors|**2025**
**£**
1
180|
|---|---|
||181|
## 5. **Share Capital**
Page 6
**Kitsquad dummy company Trading Profit and Loss Account For The Year Ended 28 February 2025**
|**TURNOVER**
Donations
Sales
Grants and subsidies received
**GROSS PROFIT**
**Administrative Expenses**
Rent
Utilities
Repairs and maintenance
Insurance
Printing, postage and stationery
Office Supplies
Advertising and marketing costs
Telecommunications
Platform charge
Accountancy fees
Professional fees
Bank charges
Sundry expenses
**OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR**|**2025**
**£**
**£**
11,448
12,383
4,698
28,529
28,529
17,298
1,671
276
944
4,637
1,920
1,921
1,016
65
360
195
4
532
(30,839)
(2,310)|**2025**
**£**
**£**
11,448
12,383
4,698
28,529
28,529
17,298
1,671
276
944
4,637
1,920
1,921
1,016
65
360
195
4
532
(30,839)
(2,310)|
|---|---|---|
|||28,529
28,529
(30,839)|
||||
|||(2,310)|
Page 7
## Independent examiner’s report to the trustees of Kitsquad CIO
I report to the trustees on my examination of the accounts of Kitsquad CIO for the year ended 28 February 2025.
## Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. The accounts do not accord with those records; or
3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Signed:
Name: Chris Moore Relevant professional qualification: FCA
Address: TaxAssist Accountants Telford, 58 High Street, Madeley, Telford, TF7 5AT Date: 23-December-25