**REGISTERED CHARITY NUMBER: 277631**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024**
**for Warehouse Christian Trust**
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA Upper Ground Floor 18 Farnham Road Guildford Surrey GU1 4XA
**Warehouse Christian Trust**
## **Contents of the Financial Statements for the Year Ended 31 December 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 14|
**Warehouse Christian Trust**
## **Report of the Trustees for the Year Ended 31 December 2024**
The trustees present their report with the financial statements of 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 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).
Page 1
**Warehouse Christian Trust**
## **Report of the Trustees for the Year Ended 31 December 2024**
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Warehouse Christian Trust's operations are divided into two separate parts: The Cellar and Skillway. The short and long terms objectives are for The Cellar to remain a focal point of serving presence and love, with an openness to receive all those who are lonely or distressed, and Skillway is an out-of-school training provider, where in a caring environment young people are encouraged individually to engage in and learn practical trade and life skills which promote their mental health, engagement with education and attitude towards a workplace environment.
The Charity is aware of its dependency on the goodwill and support of a large number of volunteers and thanks all those who have helped during the year. Both The Cellar and Skillway are grateful to the local Churches for their continued support and to the many altruistic individual benefactors, several of whom make regular monthly contributions, gift-aided. This predictable income is truly appreciated and very gratefully received. We also gratefully thank the Trustees who give their time and expertise, and who promote the activities of the Warehouse Christian Trust locally.
## Cellar
The Cellar would also like to gratefully acknowledge the tremendous support in the form of grants and donations from: The Community Foundation for Surrey - Waverley Borough Council (Thriving Communities Commissioning Fund) - Sales Force - The Thomas Trust - Openwork Foundation and A.J. Bennewith & Co. The Cellar is also very grateful for individuals who anonymously support our work through our giving platform - People's Fundraising - and from named individuals who regularly donate - and finally, through collections from our local Churches, some of whom identify us for Christmas appeals - without all these groups and individual's support, we would not be able to be there for those who need us most.
In our 2023 report, we advised that we had re-located to a new venue at the Borough Hall site. The venue is far larger than our previous home and has enabled us to expand the work of the Cellar as well as being able to serve and sit many more customers - sales have increased quite considerably, and we are attracting new clients as well as our 'regulars'.
The Café provides a safe space where vulnerable individuals can visit and talk freely. The Cellar exudes a sincere welcome to everyone: the atmosphere is warm, homely, and friendly and is a regular meeting place for many users who would otherwise have nowhere else to go. There is a quiet area available for private discussion and meditation with users having access to counsellors free of charge.
The Café focuses particularly on those with mental health issues, learning difficulties or who are disadvantaged, isolated, lonely, depressed or emotionally stressed. Importantly, staff are specifically trained in listening skills and make time to talk to customers. Through such dialogue, the Cellar Team find the self-esteem of those who have led broken lives increases enabling them to reintegrate themselves into the community. Having witnessed a significant increase in those with mental health issues the Café has formed a partnership with mental health charity 'Being Alongside' to offer greater support; local care co-ordinators are aware of the service which provides weekly drop-in afternoons offering complimentary light refreshment and the opportunity to chat and/or play board games.
The Café hosts various events; day trips are also organised & funded for those unable to afford a holiday. The Café has a mini food bank & works closely with the Community Food Bank; it also houses Godalming Community Cupboard.
The Café is not for profit and sales do not fully cover core costs because the cost of food and drink is kept at an affordable level. Indeed, many customers are severely financially disadvantaged and often do not have the means to purchase a hot meal: at least 5% of the Café's food and drink sales are given free of charge to those customers in need (including low paid workers possibly waiting for benefits to come through).
## Skillway
Skillway very gratefully acknowledges the continued generosity of regular individual donors and supporters including those who contribute online through Stewardship, GoFundMe, by Standing Order or by making direct donation and at events.
Page 2
**Warehouse Christian Trust**
## **Report of the Trustees**
## **for the Year Ended 31 December 2024**
The Community Foundation for Surrey made a Restricted Fund donation, specifically towards salary costs, which was enormously helpful, especially as salaries form the greatest expenditure in our organisation. Our staff team deliver enormous value through their commitment and key skills that they bring. A Restricted Fund grant received in 2021 for a three year woodland project, has now been exhausted although we continue to make this part of our offering because of its success in addressing the mental health of the students as well as valuable training in a wide variety of "outdoor" skills.
The David Williamson Trust, and The Anchor Foundation have made significant donations to support specific students so that they may benefit from at least one year's attendance at Skillway. We thank them sincerely on behalf of the students who have benefitted. We have also again been generously supported with funds from other Charitable Trusts, local organisations and significant supporters. We are immensely grateful to you all and are humbled by your generosity.
Skillway notes and gratefully acknowledges the financial support of A J Bennewith &Co, Angus Lloyd Charitable Trust, The Chartered Accountants Livery, Community Fund for Surrey, Guildford Poyle Charity, J&T Coleman Charitable Trust, The Dan Eley Foundation, Ian Williams Ltd, Godalming Masonic Lodge, Milford Probus, The Mayor of Godalming, The Rotary Club of Godalming Woolsack, local churches and, poignantly, those who have nominated Skillway to receive "in Memoriam" donations at their funeral services.
We thank our superb staff and our dedicated Volunteer Tutors who so effectively support Skillway's aims and objectives.
## **ACHIEVEMENTS AND PERFORMANCE**
The Charity fulfilled its obligations during the year, adapting to challenging circumstances in the charity sector, whilst continuing to bring its blend of Christian love and support to many people in need in practical ways.
## **FINANCIAL REVIEW**
## **Financial position**
For The Cellar, efforts continue to be made to look for new income streams to ensure as far as possible the costs of running the Café, etc. can be covered. The situation continues to be reviewed regularly at our Finance and General Purposes Meetings and our Trustee Meetings.
Skillway is rightly proud of its successes. Many notes of thanks from grateful students have been received over the years and Skillway continues to hear news of past students and visits are welcome. We continue to weather the strain on charitable funding streams, and we continue to actively address the current threats and opportunities facing us. We remain determined to support some of the local disadvantaged young people.
## **Reserves policy**
With regards to The Cellar, we aspire to set aside 3 months' worth of running cost or near-equivalent as reserve. During the year, the Trustees continued to try and maximise income from as many different sources as possible, including through our well-established network of faithful supporters and grant making bodies despite economic uncertainties.
Skillway continues with its pioneering work regarding the support and training of disadvantaged young people. This part of the Trust aims to carry reserves equivalent to approximately two terms' running costs, which is felt essential to ensure the continuity of the service for the young people who attend.
## **FUTURE PLANS**
The Charity intends to continue to carry out the objectives for the foreseeable future. There are sufficient reserves to allow this to be done and the Trustees do not see any reason why the Charity would not be able to fulfil its role.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 3
**Warehouse Christian Trust**
## **Report of the Trustees for the Year Ended 31 December 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 277631
## **Principal address**
Cellar Camino Cafe The Burys Godalming Surrey GU7 1HR
## **Trustees**
Dr C Jagger (resigned 25.4.25) S M Godwin N Harris A M Oakden D I Oakden A C Blagden Dr D Pollard T L Ko S F Crowther I M Tomes M C Williams V Gillman (resigned 19.7.24) R Brown (resigned 17.10.24) J Hindley (resigned 23.1.25)
## **Independent Examiner**
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA Upper Ground Floor 18 Farnham Road Guildford Surrey GU1 4XA
Approved by order of the board of trustees on 28 October 2025 and signed on its behalf by:
........................................................................ M C Williams - Trustee
Page 4
## **Independent Examiner's Report to the Trustees of Warehouse Christian Trust**
## **Independent examiner's report to the trustees of Warehouse Christian Trust**
I report to the charity trustees on my examination of the accounts of Warehouse Christian Trust (the Trust) for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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.
.......................................................
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA Upper Ground Floor 18 Farnham Road Guildford Surrey GU1 4XA
Date: 29 October 2025
Page 5
**Warehouse Christian Trust**
## **Statement of Financial Activities**
## **for the Year Ended 31 December 2024**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
93,407
**Charitable activities**
4
The Cellar
58,142
Skillway
65,940
Investment income
3
1,195
Other income
1,335
**Total**
220,019
**EXPENDITURE ON**
Raising funds
5
22,621
**Charitable activities**
6
The Cellar
74,507
Skillway
105,719
**Total**
202,847
**NET INCOME/(EXPENDITURE)**
17,172
**Transfers between funds**
15
(16,036)
**Net movement in funds**
1,136
**RECONCILIATION OF FUNDS**
Total funds brought forward
105,071
**TOTAL FUNDS CARRIED FORWARD**
106,207|Restricted
funds
£
30,852
-
-
-
-
30,852
-
4,150
35,563
39,713
(8,861)
16,036
7,175
13,153
20,328|Total
funds
£
124,259
58,142
65,940
1,195
1,335
250,871
22,621
78,657
141,282
242,560
8,311
-
8,311
118,224
126,535|
|---|---|---|
The notes form part of these financial statements
Page 6
**Warehouse Christian Trust**
## **Balance Sheet 31 December 2024**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
11
4,112
**CURRENT ASSETS**
Stocks
12
200
Debtors
13
10,487
Cash in hand
98,268
108,955
**CREDITORS**
Amounts falling due within one year
14
(6,860)
**NET CURRENT ASSETS**
102,095
**TOTAL ASSETS LESS CURRENT LIABILITIES**
106,207
**NET ASSETS**
106,207
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
6,555
-
933
12,840
13,773
-
13,773
20,328
20,328|Total
funds
£
10,667
200
11,420
111,108
122,728
(6,860)
115,868
126,535
126,535
106,207
20,328
126,535|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 October 2025 and were signed on its behalf by:
............................................. M C Williams - Trustee
The notes form part of these financial statements
Page 7
**Warehouse Christian Trust**
**Notes to the Financial Statements for the Year Ended 31 December 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 Charities Act 2011. 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.
Equipment: 25% reducing balance Workshop: 20% reducing balance Van: 20% reducing balance Mezzanine: 20% reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from 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.
continued...
Page 8
**Warehouse Christian Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024**
## **2. DONATIONS AND LEGACIES**
|**3.**
**4.**
**5.**|Donations
Gift aid
Grants
**INVESTMENT INCOME**
Deposit account interest
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Fundraising
The Cellar
The Cellar takings
The Cellar
Fundraising
Skillway
Skillway school subsidies
Skillway
**RAISING FUNDS**
**Raising donations and legacies**
Skillway
Fundraising
**Other trading activities**
The Cellar
Opening stock
Purchases
Closing stock|31.12.24
£
28
31.12.24
£
150
22,643
(200)
22,593||£
78,669
13,218
32,372
124,259
£
1,195
£
3,479
54,663
4,591
61,349
124,082
31.12.23
£
46
31.12.23
£
150
15,372
(150)
15,372|
|---|---|---|---|---|
||||||
||||||
continued...
Page 9
**Warehouse Christian Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024**
## **6. CHARITABLE ACTIVITIES COSTS**
|Wages
Rent and rates
Insurance
Light and heat
Telephone, postage and stationery
Sundries
Shop items and equipment
Community trips
Ukrainian project
Food vouchers
Repairs and maintenance
Donations
Seasonal volunteer expenses
Accountancy
Training/inspections
Office expenses
Bank charges
Travel
Workshop materials and tools
Motor expenses
Depreciation of mezzanine
Depreciation of equipment
Depreciation of workshop
Depreciation of Van|The Cellar
58,773
4,054
737
-
1,038
4,567
662
2,345
1,505
300
1,254
10
2,163
180
1,050
-
-
-
-
-
-
19
-
-
78,657|Skillway
109,246
5,720
2,073
4,076
535
758
-
-
-
-
279
-
-
180
1,191
3,635
124
1,193
8,972
1,115
903
114
141
1,027
141,282|31.12.24
£
Total
168,019
9,774
2,810
4,076
1,573
5,325
662
2,345
1,505
300
1,533
10
2,163
360
2,241
3,635
124
1,193
8,972
1,115
903
133
141
1,027
219,939|The Cellar
49,302
3,260
1,449
-
826
2,070
2,389
2,989
2,774
500
273
1,335
2,390
180
-
-
-
-
-
-
-
25
-
-
69,762|Skillway
105,304
5,897
2,166
1,111
405
100
-
-
-
-
402
-
-
180
1,048
3,510
112
1,046
3,847
-
1,127
-
175
1,284
127,714|31.12.23
as
restated
£
Total
154,606
9,157
3,615
1,111
1,231
2,170
2,389
2,989
2,774
500
675
1,335
2,390
360
1,048
3,510
112
1,046
3,847
-
1,127
25
175
1,284|
|---|---|---|---|---|---|---|
|||||||197,476|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2024.
## **Trustees' expenses**
One of the trustees received a £71 reimbursement regarding a card machine he purchased on behalf of the charity (2023: None).
## **8. STAFF COSTS**
The average monthly number of employees during the year was 8 (2023: 11).
There were no employees with emoluments greater than £60,000 during the year (2023: None).
continued...
Page 10
**Warehouse Christian Trust**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 December 2024**
## **9. PRIOR YEAR ADJUSTMENT**
The comparatives have been restated to show the £12 trustees' deposits as part of the unrestricted funds on the Statement of Financial Activities, aligning the total funds at the year end to that of in the Balance Sheet.
## **10. INDEPENDENT EXAMINER'S REMUNERATION**
|31.12.24
£
360
**11.**
**TANGIBLE FIXED ASSETS**
Mezzanine
Equipment
Workshop
Van
£
£
£
£
**COST**
At 1 January 2024
25,872
20,995
30,701
8,522
Additions
-
2,973
-
-
Disposals
-
-
(520)
-
At 31 December 2024
25,872
23,968
30,181
8,522
**DEPRECIATION**
At 1 January 2024
21,364
20,920
30,002
3,386
Charge for year
902
133
141
1,028
At 31 December 2024
22,266
21,053
30,143
4,414
**NET BOOK VALUE**
At 31 December 2024
3,606
2,915
38
4,108
**12.**
**STOCKS**
Stocks
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income||31.12.23
£
360
Totals
£
86,090
2,973
(520)
88,543
75,672
2,204
77,876
10,667
£
200
£
2,772
8,648
11,420|
|---|---|---|
||||
continued...
Page 11
**Warehouse Christian Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
|---|---|
|Trade creditors
Other creditors|£
154
6,706|
||6,860|
## **15. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Trustees' deposits
**Restricted funds**
Mezzanine
The Clothworkers' Foundation
Food vouchers
Ukraine
Trips out
Community Foundation for Surrey
Coffee
**TOTAL FUNDS**|At 1.1.24
£
105,059
12
105,071
3,058
(6,893)
-
7,184
26
9,778
-
13,153
118,224|Net
movement
in funds
£
17,172
-
17,172
(612)
(3,801)
(300)
4,495
655
(9,778)
480
(8,861)
8,311|Transfers
between
funds
£
(16,036)
-
(16,036)
-
15,736
300
-
-
-
-
16,036
-|At
31.12.24
£
106,195
12|
|---|---|---|---|---|
|||||106,207
2,446
5,042
-
11,679
681
-
480|
|||||20,328|
|||||126,535|
continued...
Page 12
**Warehouse Christian Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024**
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Mezzanine
The Clothworkers' Foundation
Food vouchers
Ukraine
Trips out
Community Foundation for Surrey
Coffee
The David Williamson Trust
The Anchor Foundation
The Guildford Poyle Charity
The Dan Eley Foundation
**TOTAL FUNDS**|Incoming
resources
£
220,019
-
-
-
6,000
3,000
-
480
2,372
10,000
5,000
4,000
30,852
250,871|Resources
Movement
expended
in funds
£
£
(202,847)
17,172
(612)
(612)
(3,801)
(3,801)
(300)
(300)
(1,505)
4,495
(2,345)
655
(9,778)
(9,778)
-
480
(2,372)
-
(10,000)
-
(5,000)
-
(4,000)
-
(39,713)
(8,861)
(242,560)
8,311|
|---|---|---|
The Clothworkers' Foundation - a donation for a 3-year project spanning from September 2021 to August 2024.
Ukraine - donations to help Ukrainian refugees to settle in Godalming.
Coffee - donations for coffee bean purchases.
Trips out - a grant from Waverley Borough Council for running the community outing twice a year.
Lighting project - a grant for the replacement of the ceiling lights.
Food vouchers - food vouchers to be given out from the Cellar Food Bank.
Community Foundation for Surrey - a grant for materials and tools for the workshop and training of volunteers.
The David Williamson Trust, The Anchor Foundation, The Guildford Poyle Charity and The Dan Eley Foundation - grants to support students.
continued...
Page 13
**Warehouse Christian Trust**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2024**
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Page 14