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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 2023

FOR

CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

CAVERSHAM CHRISTIAN NEWS LIMITED(THE)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3 to 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 13

CAVERSHAM CHRISTIAN NEWS LIMITED(THE) (REGISTERED NUMBER: 00818927)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. 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).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal activity of the company in the year under review was the publication and circulation of "Caversham Bridge", a Christian newspaper.

The objectives of the charity are the advancement of Christianity and the unity of Christian Churches.

FINANCIAL REVIEW
Reserves policy
The company's policy on reserves is to maintain sufficient reserves to cover at least one year's costs. The total reserves as 31 December 2023 are not significantly in excess of this amount.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006, and was set up on 9 September 1964. It is governed by a Memorandum and Articles of Association.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
00818927 (England and Wales)

Registered Charity number
246966

Registered office
Church House
59 Church Street
Caversham
Reading
Berkshire
RG4 8AX

Trustees
P R Chatfield (Chairman)
Mrs J Belcher (Treasurer)
H V Gale
R Harper
A E Holland (resigned 15.5.23)
Dr A P Johnston
A S Wright (resigned 15.5.23)
Dr N P Varndell (appointed 15.5.23)

CAVERSHAM CHRISTIAN NEWS LIMITED(THE) (REGISTERED NUMBER: 00818927)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023


REFERENCE AND ADMINISTRATIVE DETAILS
Company Secretary
R Harper

Independent Examiner
Jason Pyke FCA
Vale & West
Chartered Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Caversham Christian News Limited(The) for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 30 April 2024 and signed on its behalf by:





P R Chatfield (Chairman) - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

Independent examiner's report to the trustees of Caversham Christian News Limited(The) ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CAVERSHAM CHRISTIAN NEWS LIMITED(THE)


Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.








Jason Pyke FCA

Vale & West
Chartered Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG

1 May 2024

CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023

31.12.23 31.12.22
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM

Other trading activities 2 23,892 18,927

EXPENDITURE ON
Charitable activities
Generating funds 25,524 23,320

NET INCOME/(EXPENDITURE) (1,632 ) (4,393 )


RECONCILIATION OF FUNDS
Total funds brought forward 17,050 21,443

TOTAL FUNDS CARRIED FORWARD 15,418 17,050

CAVERSHAM CHRISTIAN NEWS LIMITED(THE) (REGISTERED NUMBER: 00818927)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Debtors 7 1,881 1,623
Cash at bank 15,201 17,049
17,082 18,672

CREDITORS
Amounts falling due within one year 8 (1,664 ) (1,622 )

NET CURRENT ASSETS 15,418 17,050

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,418

17,050

NET ASSETS 15,418 17,050
FUNDS 9
Unrestricted funds 15,418 17,050
TOTAL FUNDS 15,418 17,050

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


CAVERSHAM CHRISTIAN NEWS LIMITED(THE) (REGISTERED NUMBER: 00818927)

BALANCE SHEET - continued
31 DECEMBER 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 30 April 2024 and were signed on its behalf by:





P R Chatfield (Chairman) - Trustee

CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. 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.


Computer equipment - Straight line over 3 years

Taxation
The charity is exempt from corporation 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.


CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. OTHER TRADING ACTIVITIES
31.12.23 31.12.22
£    £   
Advertising charges 19,009 14,802
Newspaper sales 4,883 4,125
23,892 18,927

3. TRUSTEES' REMUNERATION AND BENEFITS
31.12.23 31.12.22
£    £   
Trustees' fees 750 750

Trustees' expenses

Trustees' expenses have been recorded under Note 12 for Related Party Transactions.

4. STAFF COSTS

The average monthly number of employees during the year was nil (2022: nil).

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM

Other trading activities 18,927

EXPENDITURE ON
Charitable activities
Generating funds 23,320

NET INCOME/(EXPENDITURE) (4,393 )


RECONCILIATION OF FUNDS
Total funds brought forward 21,443

TOTAL FUNDS CARRIED FORWARD 17,050

CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023 and 31 December 2023 815
DEPRECIATION
At 1 January 2023 and 31 December 2023 815
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 1,673 1,422
Prepayments and accrued income 208 201
1,881 1,623

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Receipts in advance 974 1,022
Accrued expenses 690 600
1,664 1,622

Receipts in advance - advertising charges


CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. MOVEMENT IN FUNDS
Net
movement At
At 1.1.23 in funds 31.12.23
£    £    £   
Unrestricted funds
General fund 17,050 (1,632 ) 15,418

TOTAL FUNDS 17,050 (1,632 ) 15,418

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 23,892 (25,524 ) (1,632 )

TOTAL FUNDS 23,892 (25,524 ) (1,632 )


Comparatives for movement in funds

Net
movement At
At 1.1.22 in funds 31.12.22
£    £    £   
Unrestricted funds
General fund 21,443 (4,393 ) 17,050

TOTAL FUNDS 21,443 (4,393 ) 17,050

CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 18,927 (23,320 ) (4,393 )

TOTAL FUNDS 18,927 (23,320 ) (4,393 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.1.22 in funds 31.12.23
£    £    £   
Unrestricted funds
General fund 21,443 (6,025 ) 15,418

TOTAL FUNDS 21,443 (6,025 ) 15,418

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 42,819 (48,844 ) (6,025 )

TOTAL FUNDS 42,819 (48,844 ) (6,025 )


CAVERSHAM CHRISTIAN NEWS LIMITED(THE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

10. RELATED PARTY DISCLOSURES

Included in these accounts are payments to directors as follows:

31.12.2331.12.22
££
J Belcher for treasurer's fees750750


11. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors/trustees as a committee.