REGISTERED COMPANY NUMBER: 05055552 (England and Wales)

REGISTERED CHARITY NUMBER: 1105019

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Bracknell Shopmobility

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

18

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 May 2025. 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 objects of the charity are to give relief to elderly, infirm and disabled people by improving the accessibility of places within Bracknell Town Centre and to seek to ensure their provision and maintenance of safe and convenient passage throughout Bracknell Town Centre, including access to buildings.

Significant activities

Formal meetings of the management committee are held at least every 12 weeks. The following appointments are approved at the Annual General Meeting: Chairman, Vice-Chairman, Company Secretary, Honorary Treasurer, Auditor.

Volunteers

The scheme has a number of volunteers who help the Shop Manager and Assistant Manager at the scheme address. They are supported and trained by the Shop Manager and Assistant Manager.

ACHIEVEMENTS AND PERFORMANCE

The charity has continued to develop and grow this year. The core purpose of the charity remains consistent, and our membership is steady with small, incremental increases each year. We have received ongoing support from various partners in both financial and logistical aspects. Specifically, we received a grant from Warfield Parish Council this year. Our appreciation goes to our landlords, (the Bracknell Regeneration Partnership) for our Princess Square premises, which is held on a peppercorn rent until 2026. Additionally, we acknowledge the assistance provided by council officers and the volunteer support group Involve in preparing grant applications.

We extend our gratitude to our team of volunteers, who enable us to operate efficiently. Becky Pearce, our Shop Manager, and Sue Lewis, our Assistant Manager, effectively manage the shop, ensuring a high level of service to our members and occasional users. They also organize social events, raise funds, and contribute to our community mission.

Our fundraising efforts, including the in-house charity shop and café, and social events for members and the public, continue to significantly contribute to our running costs, covering over half of these costs in recent years. These activities also make our shop a focal meeting point for our users and other community members.

The use of the in-store community space remains well-utilized by both our members and other community groups. We continuously seek partnering opportunities to further develop this usage throughout the year.

We are actively seeking funding sources from charitable trusts that specialize in core funding for charities, particularly those related to mobility issues. However, these sources are less common than trusts that provide grants for measurable projects. Our charity is not equipped to run such projects, and our stated aims do not allow for this type of activity.

Due to the COVID-19 pandemic, our plans and activities for improving financial security, increasing membership, and enhancing service usage were significantly impacted. Many members were isolating, even when we could open the shop and service, resulting in non-renewal of memberships during this period. Our membership as of May 2025 stood at 60, a decrease from over 100 pre-pandemic. We have aimed to have 3000 equipment hires by May 2025, as outlined in our business plan, however, this remains challenging.

Increasing membership is a priority, with a goal to reach 90 by the end of next year. We will continue to promote our service to ensure potential users are aware of it. Significant improvements in social media usage have been made to expand our reach over the past year. We are seeking to expand our outreach and awareness across the county in the coming year.

We are seeking and recruiting new Trustees/Directors to bring additional skills to the charity. As of the end of May 2025, we have three Trustees (with a maximum capacity of six). We are actively looking for new Trustees and committee members from volunteers, members, or community representatives and welcome any nominations.

Our volunteers assist in the daily operations of the shop, café, and scooter service. There is currently a shortage, and we are actively advertising for new volunteers both in-store and online.

We depend on the goodwill of many individuals, including Trustees, Committee members, and others who volunteer their time. We also acknowledge contractors who provide good service, keep costs reasonable, and often go beyond specified work, sometimes offering services free of charge. Our thanks to them.

FINANCIAL REVIEW

Investment policy and objectives

Under the memorandum and articles of association, the charity has the power to make any investments which the trustees see fit.

Reserves policy

To maintain sufficient reserves to cover 6 months expenditure and management and support costs (including an allowance for redundancy and other closure costs which would be incurred should we unfortunately be unable to continue the service). As at 31st May 2025 the charity has £131,202 in total reserve funds. A Committee resolution was approved in April 2021 to commit £47,500 from these reserves, which is a sum equivalent to 6 month's expenditure plus a sum to allow for redundancy and other closure costs. This meant total uncommitted reserves as at 31st May 2025 was £83,702

Going concern

At the time of approving the financial statements, the directors who are the trustees, have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. The charity secured two years worth of funding from the National Lottery Fund which, whilst finished this year, has enabled the expansion and recovery from the COVID-19 pandemic. Thus the directors who are the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

FUTURE PLANS

As mentioned above our updated business plan aims including enabling the continuation of our service by securing new grant funding, increasing membership and usage of our service, and expanding our variety of fundraising activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The management committee will represent a cross section of the local community and voluntary/community organisations. New trustees will be appointed to the committee with approval by a majority of members at a formal meeting.

Organisational structure

No specific number is to be applied on membership of the committee although the number of Directors shall not exceed six in total. Appointments are for three years. Each year a third of the Directors will retire by rotation in accordance with the Articles of Association, but may seek re-appointment. Any other member at the end of his or her term of office may also seek re-appointment.

Induction and training of new trustees

New trustees shall be given a copy of Bracknell Shopmobility Rules and will be offered a place on the training scheme for new trustees. This is organised by Bracknell Forest Voluntary Action of which the scheme is a member. They will also be supported by the Chairman.

Wider network

The management committee will also include two volunteers and two users representing the members.

Related parties

The trustees and directors will work in partnership with Bracknell Town Centre Management and Princess Square Management to enable the scheme to work efficiently within the Town Centre.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05055552 (England and Wales)

Registered Charity number

1105019

Registered office

11 Princess Square

Bracknell

Berkshire

RG12 1LS

Trustees

D S Mosley

Ms S Lambourne (resigned 14.10.24)

Ms C Hazard (resigned 25.1.25)

D K Pillay Technology Consultant (appointed 12.8.24)

Ms J Watts Local Councillor (appointed 12.8.24)

Independent Examiner

Yvonne Miles FCCA

PKB Accountants Limited

Chartered Certified Accountants

Beechey House

87 Church Street

Crowthorne

Berkshire

RG45 7AW

Solicitors

Fairbrother & Darlow

13 Millgate Court

Bracknell

RG12 1RP

Approved by order of the board of trustees on 2 December 2025 and signed on its behalf by:

D S Mosley - Trustee

Independent examiner's report to the trustees of Bracknell Shopmobility ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2025.

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 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.

Yvonne Miles FCCA

The Association of Chartered Certified Accountants

PKB Accountants Limited

Chartered Certified Accountants

Beechey House

87 Church Street

Crowthorne

Berkshire

RG45 7AW

3 December 2025

31.5.25

31.5.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

17,325

-

17,325

41,296

Other trading activities

3

32,668

-

32,668

27,385

Investment income

4

2,187

-

2,187

1,705

Total

52,180

-

52,180

70,386

EXPENDITURE ON

Raising funds

5

47,018

-

47,018

52,314

Charitable activities

6

Charitable expenses

8,498

-

8,498

-

Total

55,516

-

55,516

52,314

NET INCOME/(EXPENDITURE)

(3,336

)

-

(3,336

)

18,072

RECONCILIATION OF FUNDS

Total funds brought forward

134,538

-

134,538

116,466

TOTAL FUNDS CARRIED FORWARD

131,202

-

131,202

134,538

31.5.25

31.5.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

12

2,758

-

2,758

3,513

CURRENT ASSETS

Stocks

13

650

-

650

-

Debtors

14

919

-

919

-

Cash at bank and in hand

130,145

-

130,145

145,116

131,714

-

131,714

145,116

CREDITORS

Amounts falling due within one year

15

(3,270

)

-

(3,270

)

(14,091

)

NET CURRENT ASSETS

128,444

-

128,444

131,025

TOTAL ASSETS LESS CURRENT LIABILITIES

131,202

-

131,202

134,538

NET ASSETS

131,202

-

131,202

134,538

FUNDS

16

Unrestricted funds

131,202

134,538

TOTAL FUNDS

131,202

134,538

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 2 December 2025 and were signed on its behalf by:

D S Mosley - Trustee

1.	ACCOUNTING POLICIES

Company information

Bracknell Shopmobility is a private company limited by guarantee incorporated in England and Wales. The registered office is 11 Princess Square, Bracknell, Berkshire, RG12 1LS.

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 (FRS102) '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 2015)', Financial Reporting Standard 102 ,The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The accounts are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies are set out below.

Going concern

At the time of approving the financial statements, the directors who are the trustees, have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors who are the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Income

Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Donations, Shop income and membership income are recognised on receipt unless performance conditions require deferral of the amount.

Grants are recognised once the charitable company has been notified of the amount, unless performance conditions require referral of the amount.

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.

Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

Governance costs include those costs associated with the governance of the charity and are primarily associated with constitutional and statutory requirements.

Support costs include central functions and have been allocated to activity costs categories on a basis consistent with the use of the resource.

Allocation and apportionment of costs

Costs are apportioned between the funds according to the restrictions imposed by the funder.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by the management.

Depreciation is charged so as to allocate the cost of the assets less their residual value over their estimated useful lives on the following basis:

Plant and machinery

- 20% on cost

Fixtures and fittings

- 15% on reducing balance

Computer equipment

- 33% on cost

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 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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents include cash in hand,with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months form the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Financial instruments

The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all its financial instruments.

Financial instruments are recognised when the charitable company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2.	DONATIONS AND LEGACIES

31.5.25

31.5.24

£

£

Donations

13,189

10,324

Grants

600

27,100

Membership

3,536

3,872

17,325

41,296

Grants received, included in the above, are as follows:

31.5.25

31.5.24

£

£

Bracknell Forest Borough Council

-

500

Binfield Parish Council

-

1,000

Warfield Parish Council

600

600

National Lottery

-

25,000

600

27,100

3.	OTHER TRADING ACTIVITIES

31.5.25

31.5.24

£

£

Shop income

31,130

25,557

Sponsorships

1,538

1,828

32,668

27,385

4.	INVESTMENT INCOME

31.5.25

31.5.24

£

£

Deposit account interest

2,187

1,705

5.	RAISING FUNDS

Raising donations and legacies

31.5.25

31.5.24

£

£

Staff costs

41,119

40,289

Light and heat

4,301

2,775

Telephone

777

571

Depreciation

756

862

Loss on sale of assets

-

918

Support costs

-

6,899

46,953

52,314

6.	CHARITABLE ACTIVITIES COSTS

Support

costs

£

Charitable expenses

8,498

7.

OTHER

31.5.25

31.5.24

£

£

Support costs

8,498

6,899

8.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.5.25

31.5.24

£

£

Depreciation - owned assets

755

863

Deficit on disposal of fixed assets

-

918

9.	TRUSTEES' REMUNERATION AND BENEFITS

The members of the the charity are the trustees as outlined on page 3 and are considered to be the controlling party. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024.

10.	STAFF COSTS

31.5.25

31.5.24

£

£

Wages and salaries

39,207

38,269

Social security costs

-

(98

)

Other pension costs

1,912

2,118

41,119

40,289

The average monthly number of employees during the year was as follows:

31.5.25

31.5.24

Shop staff

2

2

No employees received emoluments in excess of £60,000.

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

41,296

-

41,296

Other trading activities

27,385

-

27,385

Investment income

1,705

-

1,705

Total

70,386

-

70,386

EXPENDITURE ON

Raising funds

52,314

-

52,314

NET INCOME

18,072

-

18,072

RECONCILIATION OF FUNDS

Total funds brought forward

116,466

-

116,466

TOTAL FUNDS CARRIED FORWARD

134,538

-

134,538

12.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024 and 31 May 2025

9,410

3,350

486

13,246

DEPRECIATION

At 1 June 2024

6,114

3,133

486

9,733

Charge for year

723

32

-

755

At 31 May 2025

6,837

3,165

486

10,488

NET BOOK VALUE

At 31 May 2025

2,573

185

-

2,758

At 31 May 2024

3,296

217

-

3,513

Donated fixed assets are shown in the financial statements at their current replacement cost, which has been estimated by the Directors.

13.

STOCKS

31.5.25

31.5.24

£

£

Stocks

650

-

14.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Prepayments

919

-

15.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Social security and other taxes

865

8,289

Other creditors

-

253

Wages

-

331

Accrued expenses

2,405

5,218

3,270

14,091

16.	MOVEMENT IN FUNDS

Net

movement

At

At 1.6.24

in funds

31.5.25

£

£

£

Unrestricted funds

General fund

134,538

(3,336

)

131,202

TOTAL FUNDS

134,538

(3,336

)

131,202

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

52,180

(55,516

)

(3,336

)

TOTAL FUNDS

52,180

(55,516

)

(3,336

)

Comparatives for movement in funds

Net

movement

At

At 1.6.23

in funds

31.5.24

£

£

£

Unrestricted funds

General fund

116,466

18,072

134,538

TOTAL FUNDS

116,466

18,072

134,538

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

70,386

(52,314

)

18,072

TOTAL FUNDS

70,386

(52,314

)

18,072

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

Net

movement

At

At 1.6.23

in funds

31.5.25

£

£

£

Unrestricted funds

General fund

116,466

14,736

131,202

TOTAL FUNDS

116,466

14,736

131,202