Farnborough Christian Outreach - Charities report

REGISTERED COMPANY NUMBER: 04046637 (England and Wales)

REGISTERED CHARITY NUMBER: 1083852

FARNBOROUGH CHRISTIAN OUTREACH

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

14

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 July 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 Charity's objects are to promote the advancement of Evangelical Christian Causes on an ecumenical basis.

The principal activity of the charity during the year was the running of the Christian Resources Centre known as 'TheTriangle', In addition the Charity sponsored and facilitated a number of local events.

Public benefit

The Charity is of public benefit in the following ways:

- Provision of literature and other supplies and resources for local Churches and schools;

- Supplier of fairly traded goods to the local community, including the local Borough Council;

- Employment of special needs people;

- Employment of voluntary staff and an active participant in work experience scheme.

ACHIEVEMENTS AND PERFORMANCE

Bookshop sales for the year increased to £86,459 (compared to £86,459 in 2024).

Voluntary income including legacies for the period was higher at £66,782 (compared to £46,506 in 2024). There were £1,635 grants received in the current year (2024: nil). Expenses remained similar to 2024 with total resources expended of £150,604 (from £136,759 in 2024) meaning there was a net expenditure for the period of £1,548 (2024; net expenditure of £3,737).

The Charity's subsidiary, The Triangle Café Limited had a turnover for the period of £47,566 (compared to £53,188 in 2024). They did not receive any grant income this year and the loss of Wilko has reduced footfall significantly resulting in a loss of £33,844 (compared to a loss of £15,122 in 2024).

FINANCIAL REVIEW

Principal funding sources

The main sources of income, derive from the sales of Christian literature and media, donations from members andsupporters and sales from the subsidiary, the Triangle Café Limited.

Investment policy

Under the memorandum and articles of association, the charity has the power to make any investment which thetrustees see fit, after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification.

Reserves policy

The General Fund represents the Unrestricted funds arising from the past operating results. It also represents the free reserves of the charity, as all fixed assets are included in the fixed asset fund, which is a designated fund. The general fund balance was £43,106 at 31st July 2025 and the aim of the trustees is to build this up to a balance which represents 3 months of operating expenditure.

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.

Charity constitution

Farnborough Christian Outreach (a company limited by guarantee) was incorporated on 3rd August 2000, and was registered with the Charity Commission for England and Wales on 28th November 2000. On 31st January 2001, all of the assets and liabilities of the Farnborough Christian Outreach Trust (an unincorporated Charity, registered under he charity number 285306) were gifted to Farnborough Christian Outreach.

On 15th December 2000, The Triangle Café Limited (company number 4126321) was incorporated, with the sole issued share being held by Farnborough Christian Outreach. This company carries out the activities of the café situated in the new premises of Farnborough Christian Outreach, to which the charity moved in November 2001.

The company was established under its Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.

Appointment and induction of trustees

Trustees are appointed by the members and at each Annual General Meeting, one third of Board Members will retire from office. On retirement, trustees are eligible for re-election. The Articles of Association provides for a minimum of three trustees and no maximum. The trustees are also responsible for the appointment of new members.

New trustees undergo an induction to brief them on their legal obligations under charity and company law, the ontent of the Memorandum and Articles of Association, the decision making processes and the recent performance of the charity. They meet key employees and the other trustees.

Organisational policy

The trustees meet every month. The general manager is appointed to manage the day to day operations of the charity. To facilitate effective operations, the general manager has delegated authority, within the terms of delegation approved by the trustees, for operational matters including finance and employment.

Risk assessment policy

The trustees have worked with staff to identify and review the risks to which the charity is exposed and to ensure

appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04046637 (England and Wales)

Registered Charity number

1083852

Registered office

64 Kingsmead

FARNBOROUGH

Hampshire

GU14 7SL

Trustees

C M Mason

J R D Edwards

D R Palmer

Mrs S M Smith

G Dorey

Independent Examiner

Shaw Gibbs Limited

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

Approved by order of the board of trustees on 21 May 2026 and signed on its behalf by:

C M Mason - Trustee

Independent examiner's report to the trustees of Farnborough Christian Outreach ('the Company')

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

Lance Redman FCCA FCA

Shaw Gibbs Limited

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

Date: .............................................

2025

2024

Unrestricted

Restricted

Total

funds

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

66,782

-

66,782

46,507

Charitable activities

Bookshop

84,426

-

84,426

86,459

Other income

58

-

58

57

Total

151,266

-

151,266

133,023

EXPENDITURE ON

Charitable activities

Bookshop

150,605

-

150,605

136,760

NET INCOME/(EXPENDITURE)

661

-

661

(3,737

)

RECONCILIATION OF FUNDS

Total funds brought forward

42,268

177

42,445

46,182

TOTAL FUNDS CARRIED FORWARD

42,929

177

43,106

42,445

2025

2024

Unrestricted

Restricted

Total

funds

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

7

3,242

-

3,242

378

Investments

8

1

-

1

3,243

-

3,243

379

CURRENT ASSETS

Stocks

9

60,301

-

60,301

62,012

Debtors

10

6,826

-

6,826

6,914

Cash at bank and in hand

10,824

177

11,001

5,538

77,951

177

78,128

74,464

CREDITORS

Amounts falling due within one year

11

(38,265

)

-

(38,265

)

(32,398

)

NET CURRENT ASSETS

39,686

177

39,863

42,066

TOTAL ASSETS LESS CURRENT

LIABILITIES

42,929

177

43,106

42,445

NET ASSETS

42,929

177

43,106

42,445

FUNDS

14

Unrestricted funds

42,929

42,268

Restricted funds

177

TOTAL FUNDS

43,106

42,445

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 21 May 2026 and were signed on its behalf by:

C M Mason - Trustee

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, with the exception of investments which are included at market value.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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

-

20%-33% on cost

Related party disclosures

The charitable company has taken advantage of exemption, under the terms of Financial Reporting standard102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

General unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Funds designated or aparticular purpose by the trustees are also unrestricted.

Restricted funds are those subject to specific trusts, which may be declared by the donor or with their authority. The restricted funds of the charity are restricted income funds which are expendable at the incretion of the trustees in furtherance of some particular aspects of the activities of the charity.

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.

2.	SUPPORT COSTS

Governance

costs

£

Bookshop

2,434

Support costs, included in the above, are as follows:

2025

2024

Total

Bookshop

activities

£

Auditors' remuneration for non audit work

2,434

2,800

3.	NET INCOME/(EXPENDITURE)

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

2025

2024

£

Auditors' remuneration for non audit work

2,434

2,800

Depreciation - owned assets

695

336

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

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

5.	STAFF COSTS

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

2025

2024

Retail and administration

2

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

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

fund

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

46,507

-

46,507

Charitable activities

Bookshop

86,459

-

86,459

Other income

57

-

57

Total

133,023

-

133,023

EXPENDITURE ON

Charitable activities

Bookshop

136,760

-

136,760

NET INCOME/(EXPENDITURE)

(3,737

)

-

(3,737

)

RECONCILIATION OF FUNDS

Total funds brought forward

46,005

177

46,182

TOTAL FUNDS CARRIED FORWARD

42,268

177

42,445

7.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST

At 1 August 2024

85,497

15,867

25,566

293

127,223

Additions

-

2,945

614

3,559

At 31 July 2025

85,497

15,867

28,511

907

130,782

DEPRECIATION

At 1 August 2024

85,497

15,776

25,566

6

126,845

Charge for year

-

85

486

124

695

At 31 July 2025

85,497

15,861

26,052

130

127,540

NET BOOK VALUE

At 31 July 2025

-

6

2,459

777

3,242

At 31 July 2024

-

91

-

287

378

8.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

MARKET VALUE

At 1 August 2024 and 31 July 2025

1

NET BOOK VALUE

At 31 July 2025

1

At 31 July 2024

1

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

The Triangle Cafe Limited

Registered office:

Nature of business: Coffee shop

%

Class of share:

holding

Ordinary

100

2025

2024

£

Aggregate capital and reserves

(107,188

)

(73,343

)

Loss for the year

(33,844

)

(15,122

)

9.

STOCKS

2025

2024

£

Stocks

60,301

62,012

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

75

234

VAT

3,646

3,579

Prepayments and accrued income

3,105

3,101

6,826

6,914

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other loans (see note 12)

3,500

Trade creditors

38,460

15,910

Social security and other taxes

1,023

933

Other creditors

522

485

Sundry Creditors

4,084

6,550

Accruals and deferred income

(9,324

)

5,020

38,265

32,398

12.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year on demand:

Other loans

3,500

13.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

15,000

Between one and five years

2,500

17,500

14.	MOVEMENT IN FUNDS

Net

movement

At

At 1.8.24

in funds

31.7.25

£

Unrestricted funds

General fund

42,268

661

42,929

Restricted funds

Buy a bulb

177

-

177

TOTAL FUNDS

42,445

661

43,106

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

151,266

(150,605

)

661

TOTAL FUNDS

151,266

(150,605

)

661

Comparatives for movement in funds

Net

movement

At

At 1.8.23

in funds

31.7.24

£

Unrestricted funds

General fund

46,005

(3,737

)

42,268

Restricted funds

Buy a bulb

177

-

177

TOTAL FUNDS

46,182

(3,737

)

42,445

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

133,023

(136,760

)

(3,737

)

TOTAL FUNDS

133,023

(136,760

)

(3,737

)

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

Net

movement

At

At 1.8.23

in funds

31.7.25

£

Unrestricted funds

General fund

46,005

(3,076

)

42,929

Restricted funds

Buy a bulb

177

-

177

TOTAL FUNDS

46,182

(3,076

)

43,106

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

284,289

(287,365

)

(3,076

)

TOTAL FUNDS

284,289

(287,365

)

(3,076

)

Unrestricted funds

The fixed asset fund is a designated fund and represents the net book value of fixed assets of the charity, for the purpose of freeing reserves that are not available for expenditure. Transfers relate to assets capitalised during the year, and outgoing resources represent depreciation charged during the year.

Restricted Fund

The Buy a Bulb fund is as a result of an appeal to pay for the new LED lights installed in the bookshop to

enhance the displays.

15.	RELATED PARTY DISCLOSURES

The charity owns the entire share capital of The Triangle Cafe Limited (referred to as the cafe), a limited company registered in England and Wales. This year no management charges (2024: £nil) were passed onto the cafe.

The charity did not receive a management charge from the cafe this financial year (2024: £nil).

At the end of the year, a balance of £105,792. was due from the cafe (2024: £71,948).