Annual Report for Trinity Bookshop Trust year ending December 2024
Cornerstone Christian Bookshop continues to acknowledge the presence of Jesus in Matlock and the surrounding villages. The increasing number of visitors to our area and new builds have increased the opportunity for new contacts and sales of Christian literature. This has also caused increased traffic, parking and infrastructure problems affecting helpers and customers.
Judy Crook and Mandy Thomas have continued to head up the shop processes, training and supporting volunteers. With help from Andy Kavalek the heating system has been more effective and a new counter installed. We aim to have 2 people working together and this means that our hours have remained from 10am to 3pm meaning some loss of trade although some helpers are willing to be flexible at the end of the day.
Formal meetings have not happened so regularly this year but 2 tea parties for 80[th] birthdays and a long serving Teal rep have enabled helpers to meet together who are on the rota at different times. David Green and Judy Crook and myself have met together as trustees to ensure compliance with our wider responsibilities and agreeing gifts to support other Christian causes. The exit of a long term tenant in the adjacent premises who used one of our rooms has led to challenges about the boundaries of our premises and lease which have financial implications. This we are still working to resolve but we are united in ensuring any decisions are based on proper interpretation of our legal responsibilities.
The desire to keep our ministry alive and resources available to local churches and the wider community is still as strong as ever but to continue we look for a new team to come alongside us but as yet we have not identified who they will be. We need to strengthen prayer support in the upper room.
The Lord continues to give encouragements and has a plan not yet fully known for each one. Churches around us are also facing major changes in their own buildings and leadership which may bring about new opportunities to work together.
Thank you for your continued interest, support and prayer.
Bernice Smith Chair Trinity Bookshop Trust
Phil 4 verses 6 and 7
## **TRINITY BOOKSHOP**
**Working name: Cornerstone Bookshop**
**Registered Charity number 510203**
## **STATEMENT OF ACCOUNTS**
**YEAR ENDED 31 DECEMBER 2024**
## **TRINITY BOOKSHOP**
## **LEGAL AND ADMINISTRATIVE DETAILS 2024**
## **Trustees**
Miss J. M. Crook Mr D. A. Green Mrs B. Smith Mr A. Kawalak
## **Charity Correspondent**
Mr. D. A. Green
## **Independent Examiner**
Tracy Lewis
## **Registered address of charity**
2 Dale Road Matlock Derbyshire DE4 3LT
## **Bankers**
CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ
## **Registered Charity Number**
510203
## **Regulation**
Constitution adopted 21st April 1980
Page 1
## **TRINITY BOOKSHOP**
## **INCOME & EXPENDITURE**
## **FOR THE YEAR ENDED 31ST DECEMBER 2024**
|||**2024**||**2023**||
|---|---|---|---|---|---|
|||**Total**||**Total**||
|||**Funds**||**Funds**||
|||**£**||**£**||
|**Resources arising**||||||
|Sales||66,256||56,690||
|Bank interest||2,239||1,913||
|Upper room hire and rental||180||350||
|Grant from DDDC for Covid-19||-||-||
|**Gross resources arising in the year**|||**68,675**||**58,953**|
|**Resources used**||||||
|**Direct Charitable Expenditure**||||||
|Purchases for resale||43,499||35,486||
|Less: Opening creditors||0||(1,065)||
|Add: Closing creditors||0||0||
|Add: Opening stock||20,476||22,358||
|Less: Closing stock||(22,302)||(20,476)||
|Add: Opening debtors||-||-||
|Less Closing debtors||-||-||
||||**41,673**||**36,303**|
|Advertising||128||160||
|Bank charges||891||977||
|Book sellers and conference||605||150||
|Cleaning||960||1,000||
|Computer||143||227||
|Copyright||146||169||
|Electricity||2,089||3,702||
|Gifts|3|2,314||764||
|Internet||362||193||
|Insurance||722||706||
|Lease||0||0||
|Maintenance||169||364||
|Miscellaneous||137||185||
|Party||750||551||
|Postage and stationery||154||323||
|Rates||130||122||
|Rent||7,800||7,800||
|Telephone||286||342||
|Travel||||||
|Water||143||184||
|Window cleaning||250||231||
|Total expenses||**-**|**18,179**|**-**|**18,150**|
|**Governance Costs**||-||-||
|**Resources used in year**|||**59,852**||**54,453**|
|**NET MOVEMENT IN RESOURCES IN YEAR**|||**8,823**||**4,500**|
Page 2
## **TRINITY BOOKSHOP**
## **RECONCILIATION OF FUNDS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Balance brought forward**
**1st January 2024**
Net movement of resources
in year
**Balance carried forward**
**31st December 2024**
**Represented by**
Stock
2
Debtors
Cash at bank - Current Account
Cash at bank - Deposit Account
Current liabilities
Long term liabilities
**Total net assets**
**31st December 2024**||**2024**
**Total**
**Funds**
**£**
**125,732**
8,823
**134,555**
22,302
-
18,941
93,312
-
-
**134,555**||**2023**
**Total**
**Funds**
**£**
**121,232**
4,500
**125,732**|
|---|---|---|---|---|
|||||20,476
-
14,154
91,103
-
-|
|||||**125,733**|
Page 3
## **TRINITY BOOKSHOP**
## **STATEMENT OF FINANCIAL ACTIVITY AS AT 31 DECEMBER 2024**
|**Current Assets**
Stock
Debtors
Cash at Bank: Deposit Account
Cash at Bank: Current Account
Creditors: amounts falling due
within one year
**Net Current Assets**
Creditors: amounts falling
due after one year
**NET ASSETS**
**Funds**
Unrestricted Funds as at 1 January 2024
Net Movement of Resources in Year
**UNRESTRICTED FUNDS AS AT 31 DECEMBER 2024**|**NOTE**
2|**2024**
22,302
-
93,312
11,019.43
82,292.54
18,941
134,555
-
**134,555**
-
**134,555**
125,732
8,823
**134,555**|**2023**
20,476
SHD BE 20,475
-
91,103
10,751.97
80,350.73
14,154
125,733
-
**125,733**
-
**125,733**
121,232
4,500
**125,732**|
|---|---|---|---|
These financial statements were approved on ……............................................
David A Green **Trustee**
Page 4
**TRINITY BOOKSHOP**
**NOTES TO THE ACCOUNTS - 31 DECEMBER 2023**
## **1 Accounting Policies**
These accounts have been prepared in accordance with the recommendations of the Charities Statement of Recommended Practice.
## **2 Stock**
Stock is valued at 60% of the normal selling price. This equates to the average mark-up level of stock.
## **3 Gifts made in the year**
|The following gifts were made:
UCB
CWR
Staff
MAST
Hope for Life
CiTP
Mercy Ships
Total|£
50
20
243
500
500
500
501|
|---|---|
||2,314|
Page 5
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY BOOKSHOP**
I report on the accounts of Trinity Bookshop (registered charity number 510203) for the year ended 31 December 2024 which are set out on pages 2 to 5.
## **Respective Responsibilities of Trustees and Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b)) of the Charities Act; and
- to state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts 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 accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
……………Tracy Lewis
Page 6
**TRINITY BOOKSHOP**
flux
## **DETAILED ANALYSIS OF PURCHASES FIGURE FOR THE YEAR ENDED 31ST DECEMBER 2023**
|||**2023**|||**2022**||
|---|---|---|---|---|---|---|
|||**Total**|||**Total**||
|||**Funds**|||**Funds**||
|||**£**|||**£**||
|**Resources arising**|||||||
|Sales||56,690|||52,977||
|Bank interest||1,913|||805||
|Upper room hire and rental||350|||1,200||
|Grant from DDDC for Covid-19||-|||-||
|**Gross resources arising in the year**|||**58,953**|||**54,982**|
|**Resources used**|||||||
|**Direct Charitable Expenditure**|||||||
|Purchases for resale||35,486|||30,106||
|Less: Opening creditors||(1,065)|||(1,061)||
|Add: Closing creditors||0|||1,065||
|Add: Opening stock||22,358|||30,967||
|Less: Closing stock||(20,476)|||(22,358)||
|Add: Opening debtors||-|||-||
|Less Closing debtors||-|||-||
||||**36,303**|||**38,719**|
|Advertising||160||-|||
|Bank charges||977|||891||
|Book sellers and conference||150|||150||
|Cleaning||1,000|||920||
|Computer||227|||24||
|Copyright||169|||30||
|Electricity||3,702|||6,381||
|Gifts|3|764|||2,320||
|Internet||193|||112||
|Insurance||706|||688||
|Lease||0|||2,236||
|Maintenance||364|||509||
|Miscellaneous||185|||115||
|Postage and stationery||323|||17||
|Rates||122|||230||
|Rent||7,800|||7,800||
|Telephone||342|||1,321||
|Party||551|||||
|Water||184|||73||
|Window cleaning||231|||159||
|||**18,150**|||**23,977**||
|**Governance Costs**||-|||-||
|**Resources used in year**|||**54,453**|||**62,696**|
|**NET MOVEMENT IN RESOURCES IN YEAR**|||**4,500**|||**(7,714)**|
3
## **TRINITY BOOKSHOP**
**Working name: Cornerstone Bookshop**
**Registered Charity number 510203**
## **STATEMENT OF ACCOUNTS**
**YEAR ENDED 31 DECEMBER 2024**
## **TRINITY BOOKSHOP**
## **LEGAL AND ADMINISTRATIVE DETAILS 2024**
## **Trustees**
Miss J. M. Crook Mr D. A. Green Mrs B. Smith Mr A. Kawalak
## **Charity Correspondent**
Mr. D. A. Green
## **Independent Examiner**
Tracy Lewis
## **Registered address of charity**
2 Dale Road Matlock Derbyshire DE4 3LT
## **Bankers**
CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ
## **Registered Charity Number**
510203
## **Regulation**
Constitution adopted 21st April 1980
Page 1
## **TRINITY BOOKSHOP**
## **INCOME & EXPENDITURE**
## **FOR THE YEAR ENDED 31ST DECEMBER 2024**
|||**2024**||**2023**||
|---|---|---|---|---|---|
|||**Total**||**Total**||
|||**Funds**||**Funds**||
|||**£**||**£**||
|**Resources arising**||||||
|Sales||66,256||56,690||
|Bank interest||2,239||1,913||
|Upper room hire and rental||180||350||
|Grant from DDDC for Covid-19||-||-||
|**Gross resources arising in the year**|||**68,675**||**58,953**|
|**Resources used**||||||
|**Direct Charitable Expenditure**||||||
|Purchases for resale||43,499||35,486||
|Less: Opening creditors||0||(1,065)||
|Add: Closing creditors||0||0||
|Add: Opening stock||20,476||22,358||
|Less: Closing stock||(22,302)||(20,476)||
|Add: Opening debtors||-||-||
|Less Closing debtors||-||-||
||||**41,673**||**36,303**|
|Advertising||128||160||
|Bank charges||891||977||
|Book sellers and conference||605||150||
|Cleaning||960||1,000||
|Computer||143||227||
|Copyright||146||169||
|Electricity||2,089||3,702||
|Gifts|3|2,314||764||
|Internet||362||193||
|Insurance||722||706||
|Lease||0||0||
|Maintenance||169||364||
|Miscellaneous||137||185||
|Party||750||551||
|Postage and stationery||154||323||
|Rates||130||122||
|Rent||7,800||7,800||
|Telephone||286||342||
|Travel||||||
|Water||143||184||
|Window cleaning||250||231||
|Total expenses||**-**|**18,179**|**-**|**18,150**|
|**Governance Costs**||-||-||
|**Resources used in year**|||**59,852**||**54,453**|
|**NET MOVEMENT IN RESOURCES IN YEAR**|||**8,823**||**4,500**|
Page 2
## **TRINITY BOOKSHOP**
## **RECONCILIATION OF FUNDS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Balance brought forward**
**1st January 2024**
Net movement of resources
in year
**Balance carried forward**
**31st December 2024**
**Represented by**
Stock
2
Debtors
Cash at bank - Current Account
Cash at bank - Deposit Account
Current liabilities
Long term liabilities
**Total net assets**
**31st December 2024**||**2024**
**Total**
**Funds**
**£**
**125,732**
8,823
**134,555**
22,302
-
18,941
93,312
-
-
**134,555**||**2023**
**Total**
**Funds**
**£**
**121,232**
4,500
**125,732**|
|---|---|---|---|---|
|||||20,476
-
14,154
91,103
-
-|
|||||**125,733**|
Page 3
## **TRINITY BOOKSHOP**
## **STATEMENT OF FINANCIAL ACTIVITY AS AT 31 DECEMBER 2024**
|**Current Assets**
Stock
Debtors
Cash at Bank: Deposit Account
Cash at Bank: Current Account
Creditors: amounts falling due
within one year
**Net Current Assets**
Creditors: amounts falling
due after one year
**NET ASSETS**
**Funds**
Unrestricted Funds as at 1 January 2024
Net Movement of Resources in Year
**UNRESTRICTED FUNDS AS AT 31 DECEMBER 2024**|**NOTE**
2|**2024**
22,302
-
93,312
11,019.43
82,292.54
18,941
134,555
-
**134,555**
-
**134,555**
125,732
8,823
**134,555**|**2023**
20,476
SHD BE 20,475
-
91,103
10,751.97
80,350.73
14,154
125,733
-
**125,733**
-
**125,733**
121,232
4,500
**125,732**|
|---|---|---|---|
These financial statements were approved on ……............................................
David A Green **Trustee**
Page 4
**TRINITY BOOKSHOP**
**NOTES TO THE ACCOUNTS - 31 DECEMBER 2023**
## **1 Accounting Policies**
These accounts have been prepared in accordance with the recommendations of the Charities Statement of Recommended Practice.
## **2 Stock**
Stock is valued at 60% of the normal selling price. This equates to the average mark-up level of stock.
## **3 Gifts made in the year**
|The following gifts were made:
UCB
CWR
Staff
MAST
Hope for Life
CiTP
Mercy Ships
Total|£
50
20
243
500
500
500
501|
|---|---|
||2,314|
Page 5
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY BOOKSHOP**
I report on the accounts of Trinity Bookshop (registered charity number 510203) for the year ended 31 December 2024 which are set out on pages 2 to 5.
## **Respective Responsibilities of Trustees and Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b)) of the Charities Act; and
- to state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts 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 accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
……………Tracy Lewis
Page 6
**TRINITY BOOKSHOP**
flux
## **DETAILED ANALYSIS OF PURCHASES FIGURE FOR THE YEAR ENDED 31ST DECEMBER 2023**
|||**2023**|||**2022**||
|---|---|---|---|---|---|---|
|||**Total**|||**Total**||
|||**Funds**|||**Funds**||
|||**£**|||**£**||
|**Resources arising**|||||||
|Sales||56,690|||52,977||
|Bank interest||1,913|||805||
|Upper room hire and rental||350|||1,200||
|Grant from DDDC for Covid-19||-|||-||
|**Gross resources arising in the year**|||**58,953**|||**54,982**|
|**Resources used**|||||||
|**Direct Charitable Expenditure**|||||||
|Purchases for resale||35,486|||30,106||
|Less: Opening creditors||(1,065)|||(1,061)||
|Add: Closing creditors||0|||1,065||
|Add: Opening stock||22,358|||30,967||
|Less: Closing stock||(20,476)|||(22,358)||
|Add: Opening debtors||-|||-||
|Less Closing debtors||-|||-||
||||**36,303**|||**38,719**|
|Advertising||160||-|||
|Bank charges||977|||891||
|Book sellers and conference||150|||150||
|Cleaning||1,000|||920||
|Computer||227|||24||
|Copyright||169|||30||
|Electricity||3,702|||6,381||
|Gifts|3|764|||2,320||
|Internet||193|||112||
|Insurance||706|||688||
|Lease||0|||2,236||
|Maintenance||364|||509||
|Miscellaneous||185|||115||
|Postage and stationery||323|||17||
|Rates||122|||230||
|Rent||7,800|||7,800||
|Telephone||342|||1,321||
|Party||551|||||
|Water||184|||73||
|Window cleaning||231|||159||
|||**18,150**|||**23,977**||
|**Governance Costs**||-|||-||
|**Resources used in year**|||**54,453**|||**62,696**|
|**NET MOVEMENT IN RESOURCES IN YEAR**|||**4,500**|||**(7,714)**|
3