REGISTERED COMPANY NUMBER: 07416892 (England and Wales)

REGISTERED CHARITY NUMBER: 1141190

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

ARRABON TRUST

Page

Report of the Trustees

1

Statement of Financial Activities

2

Balance Sheet

3

Notes to the Financial Statements

4

to

7

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 October 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 owns a building which is rented out to Devonport Community Baptist Church CIO to enable the church to reach out to its community in Devonport, Plymouth.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, Memorandum and Articles of Association adopted on 22nd October 2010 and amended on 18th March 2026, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07416892 (England and Wales)

Registered Charity number

1141190

Registered office

22 Granby Street

Plymouth

PL1 4BH

Trustees

Rev M Shaw

Rev B Bassett (appointed 5.10.25)

Ms M J Cookson

I D Freeland (appointed 24.3.26)

Ms R M Sayers

M A Southcombe (resigned 17.8.25)

Company Secretary

Rev M Shaw

Approved by order of the board of trustees on 20 July 2026 and signed on its behalf by:

Rev M Shaw - Trustee

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Investment income

2

1,440

1,420

EXPENDITURE ON

Charitable activities

Charitable Activities

3,794

2,100

NET INCOME/(EXPENDITURE)

(2,354

)

(680

)

RECONCILIATION OF FUNDS

Total funds brought forward

239,864

240,544

TOTAL FUNDS CARRIED FORWARD

237,510

239,864

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Investment property

5

220,000

220,000

CURRENT ASSETS

Cash at bank

17,510

19,864

NET CURRENT ASSETS

17,510

19,864

TOTAL ASSETS LESS CURRENT LIABILITIES

237,510

239,864

NET ASSETS

237,510

239,864

FUNDS

6

Unrestricted funds

237,510

239,864

TOTAL FUNDS

237,510

239,864

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 20 July 2026 and were signed on its behalf by:

M Shaw - 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.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

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.

2.	INVESTMENT INCOME

2025

2024

£

£

Rents received

1,440

1,420

3.	TRUSTEES' REMUNERATION AND BENEFITS

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

Trustees' expenses

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

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Investment income

1,420

EXPENDITURE ON

Charitable activities

Charitable Activities

2,100

NET INCOME/(EXPENDITURE)

(680

)

RECONCILIATION OF FUNDS

Total funds brought forward

240,544

TOTAL FUNDS CARRIED FORWARD

239,864

5.	INVESTMENT PROPERTY

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

220,000

NET BOOK VALUE

At 31 October 2025

220,000

At 31 October 2024

220,000

6.	MOVEMENT IN FUNDS

Net

At

movement

At

1.11.24

in funds

31.10.25

£

£

£

Unrestricted funds

General fund

239,864

(2,354

)

237,510

TOTAL FUNDS

239,864

(2,354

)

237,510

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

1,440

(3,794

)

(2,354

)

TOTAL FUNDS

1,440

(3,794

)

(2,354

)

Comparatives for movement in funds

Net

At

movement

At

1.11.23

in funds

31.10.24

£

£

£

Unrestricted funds

General fund

240,544

(680

)

239,864

TOTAL FUNDS

240,544

(680

)

239,864

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

1,420

(2,100

)

(680

)

TOTAL FUNDS

1,420

(2,100

)

(680

)

7.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2025.