REGISTERED COMPANY NUMBER: 00818927 (England and Wales) REGISTERED CHARITY NUMBER: 246966 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR CAVERSHAM BRIDGE NEWS LIMITED
CAVERSEIAM BRIDGE NEWS LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Truslees Independent Exa]nlner's Report Sta¢ement of Finaneial Activities Balance Sheet Noles to Ihe Financial Statements
CAVERSHAM BRIDGE NEWS LIMITED (REGISTERED NUMBER: 00818927) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Thc trustccs wlio arc also dircctors of thc charity for thc purposcs ot" thc Companics Act 2006, prLscnt tl)cir report with ihc financial statements ot the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo charilies preparing their accouiit% in accordance with the Fii)ancial Reporting Standard applicable in the UK (Ind Republic of Ireland (FRS 102) (effective l Jaiiuary 2019). OBJECTIVES AND ACTIVITIES ObjeLtive5 aims Th¢ principal activity of the coinpany in the year under review wa% the publication and circulation of the "Cavershain Bridge" monthly newspapei.. The objectives of the charity are the advancement ot. Christianity and the unity of Christian Churches. FINANCIAL REVIEW Reserves polic>. The company's policy on reserves is to maintain sul'ficienl reserves to cover at least one year's costs. The total reserves as 31 D¢c¢mber 2024 are noi slgiiiticanily iii excess ot. this amount, STRUCTURE, GOVERNANCE AND MANAGEMENT Guvvrnlng doLumenl The Lharily conslitules a limited company. liinited by guarantee, as defined by the Companies Act 2006. and was set up on 9 Scptcmbcr 1964. It is govcrncd by a Nlcmorandum and ArtlLILs of AssoLiation. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 00818927 (Englaiid and Wales) Registered Charity number 246966 Regi%tei'ed office ChurLh House 59 Cliuicli Sli'cct Caversham Reading Berkshire RCI4 8AX Trustees P R Chatfield (Chainman) Mrs J Belcher (Treasurer) HVGale R Hatycr Dr A P Jolinslon Dr N P Varndell Companv Secretary R Harper Page I
CAVERSHAM BRIDGE NEWS LIMITED (REGISTERED NUMBER: 00818927) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND .4DMINISTRATIVE DETAILS Independent Examiner .lason Pyke FCA Vale & We%t Chartered Accountants Victoria House 26 Queen Vicloria Sireet Readillg Berkshire RGI ITG CHANGE OF NAME Th¢ charitable company passed a special resolution on 6 December 2024 changing ils name from Caversham Christian News Limited(The) to Caversham Bridge News Limited. STATEMENT OF TRIISTEES, RESPONSIBILITIES The Irustees (who arc also the directors of Cavershaim Bridge News Limited for tlie purposes of company law) are responsible for pr¢paring the R¢port of the Trustees and the financial statements in accordance with applicable law and Uiiited Kingdum ALcounting Standards (United Kingdom Generally AcLepred ALLounliiig PraLtiLe). Company lall, rcquircs thc trusTCCS to prcp14 rc tinancial statcincnts for cach financial year whicli givc a truc and t'air vicw of Ihe stale ot" affairs of Ihe charilable coiiipany and ot" the inconiing resources aiid application of resources, iiicluding the income and expenditiire, of the charitable company for that period. In preparing tliose financial statement5, the tnistees are required to select siiilable accounting policies and ihen apply theim consistently. observe the iiietliods and principles iii the Cliai'ily SORP. make judgemenls and estimates that are reasonable and prudenl. prepare the financial llatelentS on the going concem basis unle&S it is inappropriate to presuine that the charitabl¢ Loinpany will LOll1iiiue in business. Tlie ti'usteeb aI't I'espoiibible for kecpiiig pi'opei. acLouiilii)g) i'eLOI'ds wljicli disilosc willi ieasoIiable aLLUI'aLy al ai)y iiiii¢ Il)¢ financial position of the charitable company and to enable them to ensure that the financial statements comply with the Compaiii¢s Act 2006. They are also responsible for safeguarding Ihe assets of the charitable company and hence for taking reasonable steps for the prevention and deteLtion of fraud diid other irregularities. Approved by order of the board of trustees on 19 May 20?5 and signed on its behalf by: P R Chaifield (Chairnian) - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAVERSHAM BRIDGE NEWS LIMITED Independent examiner's report to the trustees of Caversham Bridge News Limited (Ithe Company,) I report to the Ch(ltY trustees on my eX]natiOn of the aLcountS Lif tlie Compaiiy for the year ended 31 DeLember 2024. Responsibilities and basis of report As the charity's trustees ot'the Coillpany (and also Its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance wilh the requirements of the Cornpanies Act 2006 ('Ihe 2006 Act,). Haviiig satisfied Lnyself ihat the aLcounls of the Company are not i'equired to be audited under Pan 16 of the 2006 Act and are eliThible t.or independent examination, I report in respect ot. my examination ot" your cbarily's accounts as carried out under Section 145 ot. Ihe Chariiies Act 2011 ('Ilie 201 l Aci,). In carrying oui my examination I have tolloived Ihe Directions giv¢n by the ChaTily Commission under Section 145(5) {b) of the 101 l Act. Independent examiner's statement I hai'e coinpleted my examination. I colltirm thai 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 Coinpany as required by Section 386 of the 2006 Act. or the accounts do not accord with those records; or the accounts do iiol comply with the accouiiling requirements of Section 396 01, the 2006 Act other than aiiy requireinent Ihal the accouiits give a true and t.air view which is nol a maller considered as parl ot" an independent examinalion; or the accounts have not been prepared in accordance with the methods aiid principles of the Statement of ReLoinmended PraLtice for UCLounting and reporting by Lharities (dppIiLable tv charities prepiiring their aLcounts in accordance with the Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I hai'e no concenis and have come across no other mallers in connection with the examination to which attentioii should be dra"n iii this report in order to enable a proper iinderstaiiding ot the accoiints to be reached. Jasoii Pyke FCA Vale & West Chartered Accountants Vicli)ria Hnu%e 26 Queen Vicloria Sireel Reading Berkshire RGI ITG 20 May 2025 Page 3
CAVERSEIAM BRIDGE NEWS LIMITED STATEMEINT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 Unrestricted fund 31.12.23 Total fullds Notes INCOME AND EtNDOWMENTS FROM Other trading aLtivities EXPENDITURE OI¥J Charitable activities Generating funds iYET INCOIIIEI(EXPEiYDITURE) 4,5118 (1,(132) RECONCILIATION OF FUNDS Total t.unds brought forward 15,418 17.050 TOTAL FUNDS CARRIED FORWARD The notes fonn part of these financial stateTnents Page 4
CAVERSHAM BRIDGE NEWS LIMITED (REGISTERED NUMBER: 00818927) BALANCE SHEET 31 DECEMBER 2024 31.12.24 Unrestricted fund 31.12.23 Total fullds Notes CURRENT ASSETS Debiors Cash at baiik 7,108 13,968 21,076 1.881 15.201 17,082 CREDITORS Amounts falling due wiihin one year (1.070) (1,664) NET CURRENT ASSETS 20,006 TOTAL ASSETS LESS CURRENT LIABILITIES 20.006 15,418 NET ASSETS Unrestricted funds TOTAL FUNDS 211,1106 The Lharitahle coinpany is entitled to exemption from audit under Section 477 of ihe Coinpanies Act 2006 for the year ended 31 Deceiiiber 2024. The Ineinbers have not required the coinpany to obtaiii an audit of its financial statements for the year elided 31 December 2024 in accordance with Section 476 of the Comp£inies Act 2006. The Irustees acknowledge their responsibilities tor (a) eiisuring that the charitable company keeps accounting records that comply wilh Sections 386 aiid 387 of the Coinpdnies Aei 2006 ai)d preparii)gy finanLial statements 'hILh give a true and fair view of the slate of affairs of the Lharitable Loinpany as at the end of each financial year and of its surplus or deficii for each financial year in accordance wilh the requirenients ot" Seclions 394 and 395 and which otherwise comply with the requireinenls of the Compani¢8 Act 2006 relating to financial statements, so far as applicabl¢ to the Charitable company, (b) The notes fonn part of these financial stateTnents Page 5 continued...
CAVERSHAM BRIDGE NEWS LIMITED (REGISTERED NUMBER: 00818927) BALANCE SHEET- continued 31 DECEMBER 2024 These financial statements have been prepared in accordance with the provisions applicable To charitable companies subject to ihc small companics rcgimc. The financial %tateiiiei)ts were approved by the Board of Trll%tees and authorised lor isgue on 19 May 2025 and were signed on ilb behalf by: P R Chattield (Chairman) - Trustee The notes fonn part of these financial stateTnents Page 6
CAVERSEIAM BRIDGE NEWS LIMITED NOTES TO THE FINANCL4L STATEMEII"TS FOR THE YEAR ENDED 31 DECEMBER 2024 STATUTORY INFORMATION cavehaT Bridge News Limited is a company limited by guarantee. domiciled and incorporated in Englalld and Wales. The registered office and principal place of busiiiess is Church House, 59 Church Street, Caversham, Readiiig> RG4 8AX. The principal activiry is the publication and circulation of the "Caversham BridLTre" a tnonthly newspaper. ACCOUNTING POLICIES Basis of preparing the financial statements The tinancial ytatements ot. the charitable company. which is a public benetit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accouiiting and Reporting by Cliarities.. Stalemenl 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 l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Staiiddrd applic21ble in the UK 21nd Republic of Ireland, and the Coinpanies Aci 2006. The linancial statements have been prepared under the historical cost convention. The tinancial statements are presented in Pounds Sterling (£). InLorne All inLome is recognised ii) the Stateinenl of Fin<inLial ALlivities once the Lharily has entitlement to the funds. it is probablc that thc incomc will bc rcccivcd and thc amount can bc mcasurcd rcliably. Expenditure Lidbilities are recogiiised as expenditure as Soon as there is a legal or construciive obligation committing the charity to thai expei)dilure, it is probable that a transfer of eLonomic bei)efits will be requii'ed in setllement and the aii)ount ot. the obligation can be measured reliably. Expenditiire is accounted for on an accruals basis and has been classified undei. headiiigs tlial aggregate all cost related to the category. Where costs cannot be dii'ectly atti'ibuted 10 pai'ticular headings Ihey have been allocated lo activities on 8 ba819 COllSlSt¢iil wilh the use of resources. Tungible fixed 288ets DepreLialion is provided at the tollowing annual rates in order lo write oft each asset over its eslimaled useful life. Coinputer equipment Straight line over 3 year.s Ta%alit)n The charity is exempt trom corporalioii lax on ils charitsble aclivilies. Fund accounting Unrestricted funds can be used in accorddnce with the chdritable objectives at the discretion of the trustees. Thc charity has onc unrcstrictcd fund, thcrc arc no rcstrictcd or dcsignatcd funds. Page 7 continued...
CAVERSEIAM BRIDGE NEWS LIMITED NOTES TO THE FINANCIAL STATEMENTS - Contined FOR THE YEAR ENDED 31 DECEMBER 2024 OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Advertising revenue Newspaper sales 25,071 3.185 19,009 TRUSTEES, REMUNERATION AND BENEFIT& 31.12.24 31.12.23 Trustees, fees 750 750 Tru5te¢s' t'ees comprise payments to J Belcher for her services as treasurer. Trustees, expenses ThcrL were no trustccs, Lxpcnscs paid t'or the ycar ended 31 Dcccmber 2024 nor for thc ycar endcd 31 Dcccmbcr 2023. STAFF COSTS Tlie average monthly number of einployees during the year was nil {2023: nil}. TANGIBLE FIXED ASSETS Coii)puter equipment COST At l January 2D24 and 31 DeLember 2024 DEPRECIATIOiY At l Januai'y 2024 and 31 L)eLember &U24 NET BOOK VALUE At 31 December 2024 Ai 31 December 2023 815 ¥15 Page 8 continued...
CAVERSEIAM BRIDGE NEWS LIMITED NOTES TO THE FINANCIAL STATEMENTS - Contined FOR THE YEAR ENDED 31 DECEMBER 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Trade debtors Prepayineiits accrued income 6,895 213 1,673 208 CREDITORS: AMUUNTS FALLING DUE WITHIN ONE YEAR .31.12.24 31.12.23 Advance reveiiu¢ Accrued expenses 350 720 974 690 RELATED PARTY DISCLOSURES Trustees, reinuneralion and benefits have been included in note 4 lo the accounts. There were no other related party transaciion.s for the year ended 3 l Deceinber 2024. Page 9
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