2025-03-31-accounts

REGISTERED CHARITY NUMBER: 516903

SAVE TO SERVE TRUST

FINANCIAL STATEMENTS

Year ended 31 March 2025

Girlings & Co. Chartered Certified Accountants 11 High Street, Ruddington, Notts., NG11 6DT Tel. : [phone]

SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

Contents

Description

Page

Charity Particulars	2
Trustees Report	3-4
Treasurers Report	5
Independent Examiners Report	6
Income and Expenditure Account	7
Balance Sheet	8
NotestotheAccounts	9-11

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

CHARITY PARTICULARS

ee

Registered Charity No: 516903

Independent Examiners :

3 Church Street Ruddington Nottinghamshire NG11 6HA

Independent Examiners :

Girlings & Co. Chartered Certified Accountants 11 High Street Ruddington Nottinghamshire NG11 6DT

Bankers : Barclays Bank Tudor Square West Bridgford Nottinghamshire NG2 6BT

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

TRUSTEES REPORT

Introduction

The Saved to Serve Trust, is a registered charity and as such in accordance with current legislation, has a responsibility to its members to show that the aims of the trust are met. The trust registration number is 516903.

Aims of Trust

Summarised, these are for the relief of need, hardship and distress in both local and international areas.

Trustees

The trustees during the year and at the year end were:

Valma Morley

Kirsten Bairstow Robb (Treasurer) Chris Parton (Chairman) Zoé Parton (Shop Manager) Jo Kythreotis Audrey Prior Julian Eve

The Trustees always open meetings with scripture and prayer as we are about The Lords work, equally and for the same reason shop helpers are encouraged to start their session with a time of prayer.

Financial Reports and Affairs

Attached are the income and expenditure accounts for the year along with the Treasurers’ report. In addition to the financial giving the Trust continues to be involved both locally and worldwide. For understandable reasons many of our gifts need to be kept confidential, further details of our giving is shown in the Treasurer's report. .

The Honeycomb Shop

The Honeycomb is in an ideal position for us to outreach to Ruddington. The Honeycomb shop also carries a responsibility to be a good Christian witness and to this end also stocks Christian literature and cards. The Honeycomb continues to be a very busy place with many people involved in both, serving at the counter but also behind the scenes, sorting and sifting all the many donations we receive and then displaying in the shop for sale.

Continued...

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

TRUSTEES REPORT (Continued...)

Continued...

The economic and cost of living economic climate is still felt by many people here and abroad and with continued limited local council spending on relief funding and supplementary grants- it is a joy and privilege when we are able help those in the locality and plus some financial gifts - nationally and internationally

We are again -beginning of the financial year to continue to prioritise local request giving first while still being able to give some funding to national and international works. Our local giving in Nottinghamshire has mainly come from Rushcliffe Children’s Services and other local Nottinghamshire Children’s Services to help various families and individuals with children- financially helping with items such as bedroom furniture , cookers ,carpets and any items donated to us such as stairgates. We also gave financial help to a local football and homeless charities. We were also able to give to the Caudwell Children Organisation working with disabled and autistic children

Some of our international giving we have been able to send funds to some to projects that we have supported long term : The Tender Heart Foundation- ministering to the poor in Goa, India - Mercy Ships - offering medical care to the poor in various countries abroad.. We continue to send regular clothing parcels to Raquel and Max Candida who support the underprivileged in Peru.

In addition unsold items go to help various charities and organisations such the Friary Drop In -for homeless individuals — headquarters West Bridgford Nottingham.

We are always about the Lord's work to provide encouragement, or a listening ear, or offer prayer to bring the message of God's Love to the village and our visitors to Honeycomb.

We pray that His work will continue to His Glory

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C. Parton
Chairman
Date [=] TDs fe. me OZ=
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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

TREASURERS REPORT

Financial Review for the year

This has been another encouraging year for the Saved to Serve Trust and we are grateful to our customers and volunteers for their continued support.

Annual income increased this year to £48,040 (compared to £45,767 the prior year). Market days on the first Saturday of each month have helped to boost our takings as the footfall in Ruddington increases dramatically on those days. The public are viewing charity shops as more mainstream and are happy to find second hand bargains and promote the circular economy.

Although our income decreased this year, our giving was lower this year, £5,123 in 2025 compared to £8,029 in 2024. There is no significant reason for this, but as a Trust we seek to discern where money is best used and give in accordance with the availability of funds as requests come in. We continue to support the needs of those people in need locally as well as those further afield in the UK and where appropriate, abroad.

As the Honeycomb shop enters its 40th year of trading under the guidance of the Saved to Serve Trust, we recognise the privilege of maintaining a Christian presence in Ruddington.

As Trustees we continue to put our faith in God and trust in him for direction during the oncoming year.

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K. Bairstow-Robb
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Treasurer

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Date AZ- [2 ~- ROVS
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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

TREASURERS REPORT

We report on the accounts for the charity for the year ended 31st March 2025, which are set out on pages 7 to 11.

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 under section 43(2) of the Charities Act 1993 and that an independent examination is needed.

It is my responsibility to;

• examine the accounts under section 43 of the 1993 Act;

• follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43 (7)(b) of the 1993 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 Commissioners. 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 our examination, no matter has come to my attention;

1). Which gives us reasonable cause to believe that in any material respect the requirements

• to keep accounting records in accordance with section 41 of the 1993 Act; and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or

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2). to which in my i0W, attention should be drawn in order to enable a proper understanding of the accounts to
be reache
Date: 2. 2- t2- 2 02S
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Girlings & Co.

Chartered Certified Accountants

11 High Street

Ruddington Nottingham NG11 6DT

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

INCOME & EXPENDITURE ACCOUNT

	NOTES		2025			2024
		£	£	£	£	£		£
Income
Till Receipts		48,040			45,767
			48,040			45,767
Less Cost of Sales;
Purchases for Resale		3,056			3,493
			3,056			3,493
Expenditure
Wages		12,494			11,488
Rent & Rates		15,394			15,392
Heat& Light		3,476			4,600
Insurance		770			818
Premises Repairs		336			95
Windows& Garden Maintenance		775			237
Printing, Postage & Stationary		197			234
Computer& Software Costs		288			168
Telephone		643			545
Sundries & Travel		247			246
Refreshments		274			185
Legal & Professional		1,263			600
Subscriptions		908			996
Gifts - Confidential		§,123			8,029
Depreciation		55			65
			42,242			43,697
NetSurplus/Deficit				2,741			-	1,423

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

BALANCE SHEET

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|||||||| |---|---|---|---|---|---|---| |NOTES|2025|2024| |£|£|£|£|£|£| |Non-current|Assets| |Tangible Assets|2|15,423|15,478| |15,423|15,478| |Current Assets| |Bank|and|Cash|in|Hand|12,333|10,021| |Prepayments|3|2,375|2,179| |14,708|12,200| |Liabilities|:|Amounts|falling|due| |within|one|year| |Accruals|4|1,150|1,438| |1,150|1,438| |Net Current Assets|13,558|10,762| |TOTAL|NET|ASSETS|28,981|26,240| |Capital| |Previous|Balance|26,240|27,662| |Surplus(Deficit)|for the|Year|2,741|-|1,423| |Balance|for the|Year|28,981|26,240|

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

Notes to the Accounts

1 ACCOUNTING POLICIES

Accounting Convention

The financial statements have been prepared on a receipts and payment basis, which is consistent with previous years.

Compliance with Accounting Standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and have been applied consistently (except otherwise stated).

Turnover

The Income shown in the income and expenditure statement represents amounts received during the year.

Depreciation

Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows;

Fixtures & Fittings

15% Reducing Balance

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

Notes to the Accounts

3 TANGIBLE FIXED ASSET REGISTER

		Investments	"Pitings°	TOTAL
COST		£	£	£
As atthe 01 April 2024		15,109	3,238	18,347
Additions		-	-	-
Disposals		-	-	-
As atthe 31 March 2025	~15,109—si3,238)s«18,347—
DEPRECIATION
As atthe 01 April 2024		-	2,869	2,869
Charge forthe period		-	55	55
On disposals		-	-	-
As atthe 31 March 2025	9242924
NET BOOKVALUE
As atthe 31 March2025	~	15,109	(sit814SS:C«S 4D
Asatthe01April2024		15,109	369	15,478

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SAVE TO SERVE TRUST FINANCIAL STATEMENTS Year ended 31 March 2025

Notes to the Accounts

3	PREPAYMENTS
		2025	2024
		£	£
	Rent	1,250	1,250
	Water Rates	70	69
	Subscriptions	428	414
	Insurance	627	446
		2,375	2,179
4	ACCRUALS	2025	2024
		£	£
	Accountancy	1,150	1,150
	Bookkeeping	-	120
	Software	-	168
		1,150	1,438

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