| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Statement ofFinancial Position | |||
| Statement ofCash Flows | 10 | ||
| Notes to the Statement ofCash Flows | |||
| Notes to the Financial Statements | 12 | to | 17 |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
108,978 | 61,007 | 169,985 | 153,418 | |
| Other trading activities | 355,006 | 355,006 | 147,738 | ||
| Investment income |
30 | 30 | 48 | ||
| Other income | 515 | 515 | 43,752 | ||
| Total | 464,529 | 61,007 | 525,536 | 344,956 | |
| EXPENDITURE ON | |||||
| Raising funds | |||||
| Other trading activities | 74,334 | 74,334 | 40,877 | ||
| 74,334 | 74,334 | 40,877 | |||
| Charitable activities |
|||||
| Governance Direct charitable expenditure |
1,630 391,512 |
47,796 | 1,630 439,308 |
158,346 109,168 |
|
| Other | 2,686 | 2,686 | 2,047 | ||
| Total | 470,162 | 47,796 | 517,958 | 310,438 | |
| NET INCOME/(EXPENDITURE) | (5,633) | 13,211 | 7,578 | 34,518 | |
| RECONCILIATION OFFUNDS | |||||
| Total funds brought forward |
508,624 | 20,579 | 529,203 | 494,685 | |
| TOTAL FUNDS CARRIED FORWARD | 502,991 | 33,790 | 536,781 | 529,203 |
| 31M | arch 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 365,154 | 4,200 | 369,354 | 373,287 |
| CURRENT ASSETS | |||||
| Debtors | 31,164 | 31,164 | 13,753 | ||
| Cash atbank and in hand | 118,209 | 88,279 | 206,488 | 157,861 | |
| 149,373 | 88,279 | 237,652 | 171,614 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (11,536) | (58,689) | (70,225) | (15,698) |
| NET CURRENT ASSETS | 137,837 | 29,590 | 167,427 | 155,916 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 502,991 | 33,790 | 536,781 | 529,203 | |
| NET ASSETS | 502,991 | 33,790 | 536,781 | 529,203 | |
| FUNDS | 13 | ||||
| Unrestricted funds |
502,991 | 508,624 | |||
| Restricted funds | 33,790 | 20,579 | |||
| TOTAL FUNDS | 536,781 | 529,203 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated Irom operations |
52,797 | 52,752 | ||||
| Net cash provided by operating activities |
52,797 | 52,752 | ||||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed assets Sale oftangible fixed assets |
(4,200) | (7,242) 600 |
||||
| Interest received | 30 | 48 | ||||
| Net cash used in investing | activities | (4,170) | (6,594) | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period |
48,627 | 46,158 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 157,861 | 111,703 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period |
206,488 | 157,861 |
| Notes to the Statement ofCash Flows for the year ended 31March 2022 |
Notes to the Statement ofCash Flows for the year ended 31March 2022 |
||||||
|---|---|---|---|---|---|---|---|
| RECONCILIATION | OFNET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | |||||
| 2022 | 2021 | ||||||
| Net income | for the | reporting | period (as per the Statement ofFinancial | ||||
| Activities) | 7,578 | 34,518 | |||||
| Adjustments | for: | ||||||
| Depreciation | charges | 8,133 | 8,630 | ||||
| Loss on disposal of | fixed assets | 748 | |||||
| Interest received | (30) | (48) | |||||
| Decrease in | stocks | 258 | |||||
| Increase in debtors | (17,411) | (963) | |||||
| Increase in creditors | 54,527 | 9,609 | |||||
| Net cash provided | by | operations | 52,797 | 52,752 | |||
| 2. | ANALYSIS | OF CHANGES IN NET FUNDS | |||||
| At 1.4.21 | Cash flow | At 31.3.22 | |||||
| Net cash | |||||||
| Cash at bank | and in | hand | 157,861 | 48,627 | 206,488 | ||
| 157,861 | 48,627 | 206,488 | |||||
| Total | 157,861 | 48,627 | 206,488 |
| 2. | DONATIONS AND L |
EGACIES | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Donated goods given away | 72,454 | 37,067 | |||
| Donations | 54,076 | 104,367 | |||
| Local Authority Grants |
37,639 | 4,000 | |||
| Supported Employment |
&Training | Grants | 300 | ||
| Sal's Shoes | 5,816 | 7,684 | |||
| 169,985 | 153,418 | ||||
| 3. | OTHER TRADING ACTIVITIES | ||||
| 2022 | 2021 | ||||
| Shop Sales | 63,171 | 18,165 | |||
| Cycle Sales | 790 | 1,695 | |||
| Scrap Sales and Used Recycling Credits | 6,386 | 3,389 | |||
| Referrals | 99,378 | 41,487 | |||
| Bulky Waste Collection | Service | 96,986 | 81,202 | ||
| Rent Received | 1,278 | 1,800 | |||
| Ebay sales | 32,487 | ||||
| Wheelie Bin Deliveries | 12,750 | ||||
| Cafe Sales | 17,907 | ||||
| Supported Placements |
23,873 | ||||
| 355,006 | 147,738 | ||||
| 4. | INVESTMENT INCOME | ||||
| 2022 | 2021 | ||||
| Deposit account interest | 30 | 48 | |||
| 5. | OTHER TRADING ACTIVITIES | ||||
| 2022 | 2021 | ||||
| Fund Raising and Publicity | 588 | 3,617 | |||
| Cost ofselling donated | goods | 73,746 | 37,260 | ||
| 74,334 | 40,877 |
| CHARITABLE | ACTIVITIES COSTS | |
|---|---|---|
| Direct | ||
| Costs | ||
| Governance | 1,630 | |
| Direct charitable | expenditure | 439,308 |
| 440,938 |
| STAFFCOSTS | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Wages and salaries | 268,921 | 190,589 | ||||
| 268,921 | 190,589 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 2022 | 2021 | |||||
| Drivers | 4 | 2 | ||||
| OAice Administration | 11 | 10 | ||||
| Director | 1 | 1 | ||||
| Project workers | 4 | 2 | ||||
| 20 | 15 | |||||
| No employees received emoluments |
in excess ofE60,000. | |||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||
| funds | fund | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
95,875 | 57,543 | 153,418 | |||
| Other trading activities | 147,738 | 147,738 | ||||
| Investment income |
48 | 48 | ||||
| Other income | 43,752 | 43,752 | ||||
| Total | 287,413 | 57,543 | 344,956 | |||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Other trading activities | 40,877 | 40,877 |
| COMPARATIVES F | OR THE STATEMENT | OF FINANCIAL | ACTIVITIES | -continued | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | fund | funds | ||||
| 40,877 | 40,877 | |||||
| Charitable activities |
||||||
| Governance | 158,346 | 158,346 | ||||
| Direct charitable expenditure |
72,904 | 36,264 | 109,168 | |||
| Other | 1,347 | 700 | 2,047 | |||
| Total | 273,474 | 36,964 | 310,438 | |||
| NET INCOME | 13,939 | 20,579 | 34,518 | |||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 494,685 | 494,685 | ||||
| TOTAL FUNDS CARRIED FORWARD | 508,624 | 20,579 | 529,203 | |||
| 10. | TANGIBLE FIXEDASSETS | |||||
| Improvements | Fixtures | |||||
| Freehold | to | and | Motor | |||
| land | property | fittings | vehicles | Totals | ||
| COST | ||||||
| At 1 April 2021 | 300,000 | 73,123 | 33,523 | 46,845 | 453,491 | |
| Additions | 4,200 | 4,200 | ||||
| At 31March 2022 | 300,000 | 73,123 | 33,523 | 51,045 | 457,691 | |
| DEPRECIATION | ||||||
| At 1April 2021 | 25,449 | 29,006 | 25,748 | 80,203 | ||
| Charge for year | 2,380 | 694 | 5,060 | 8,134 | ||
| At 31March 2022 | 27,829 | 29,700 | 30,808 | 88,337 | ||
| NET BOOKVALUE | ||||||
| At 31March 2022 | 300,000 | 45,294 | 3,823 | 20,237 | 369,354 | |
| At 31March 2021 | 300,000 | 47,674 | 4,517 | 21,097 | 373,288 |
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Trade debtors | 27,827 | 8,198 | |
| P repayments | 3337 | 5,555 | |
| 31,164 | 13,753 | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | ||
| Trade creditors | 763 | 1,446 | |
| Social security and other taxes | 4,033 | 2,931 | |
| VAT | 3,151 | 974 | |
| Other creditors | 1,481 | 772 | |
| Accrual s and deferred income | 60,797 | 9,575 | |
| 70,225 | 15,698 |
| Balance at | Balance at | |||||
|---|---|---|---|---|---|---|
| 1 April | 31March | |||||
| 2021 | Income | Expenditure | 2022 | |||
| Food Bank | 14,733 | 41,691 | 36,294 | 20,130 | ||
| SAL's Shoes | 5,062 | 5,816 | 7,154 | 3,724 | ||
| Cycles Project | 4,500 | 246 | 4,254 | |||
| Hospital Discharge Service | 9,000 | 3,318 | 5,682 | |||
| Fixed Assets | 784 | 784 | ||||
| 20,579 | 61,007 | 47,796 | 33,790 | |||
| UNRESTRICTED INCOME | FUNDS | |||||
| Balance | Balance | |||||
| at 1 | at 31 | |||||
| April | March | |||||
| 2021 | Income | Expenditure | Transfer | evaluation | 2022 | |
| Van Fund | 5,538 | 5,100 | 10,638 | |||
| Cycle | ||||||
| Project | ||||||
| Operational | 20,000 | 20,000 | ||||
| Development | 11,700 | 11,700 | ||||
| Salary Offset | 20,000 | 20,000 | ||||
| Support | ||||||
| Services | 10,000 | 3,570 | 6,430 | |||
| Cafe | 14,543 | 17,000 | 30,800 | 743 | ||
| General | 53,555 | 438,229 | 427,658 | 64,126 | ||
| Fixed Assets | 373,288 | 4,200 | 8,134 | 369,354 | ||
| 508,624 | 464,529 | 470,162 | 502,991 |
| for the year ended 31M | arch 2022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donated goods given away | 72,454 | 37,067 | ||
| Donations | 54,076 | 104,367 | ||
| Local Authority Grants |
37,639 | 4,000 | ||
| Supported Employment |
&Training | Grants | 300 | |
| Sal's Shoes | 5,816 | 7,684 | ||
| 169,985 | 153,418 | |||
| Other trading activities |
||||
| Shop Sales | 63,171 | 18,165 | ||
| Cycle Sales | 790 | 1,695 | ||
| Scrap Sales and Used Recycling Credits | 6,386 | 3,389 | ||
| Referrals | 99,378 | 41,487 | ||
| Bulky Waste Collection | Service | 96,986 | 81,202 | |
| Rent Received | 1,278 | 1,800 | ||
| Ebay sales | 32,487 | |||
| Wheelie Bin Deliveries | 12,750 | |||
| Cafe Sales | 17,907 | |||
| Supported Placements |
23,873 | |||
| 355,006 | 147,738 | |||
| Investment income |
||||
| Deposit account interest | 30 | 48 | ||
| Other income | ||||
| COVID Support Grants | 515 | 43,752 | ||
| Total incoming resources | 525,536 | 344,956 | ||
| EXPENDITURE | ||||
| Other trading activities |
||||
| Fund Raising and Publicity Cost ofselling donated goods |
588 73,746 |
3,617 37,260 |
||
| 74,334 | 40,877 | |||
| Charitable activities |
||||
| Wages | 268,921 | 190,589 | ||
| Insurance | 10,798 | 10,314 | ||
| Light and heat | 8,271 | 6,563 | ||
| Telephone | 2,233 | 2,320 | ||
| Postage and stationery | 1,505 | 1,000 | ||
| Donations | 6,014 | 100 | ||
| Carried forward | 297,742 | 210,886 |
| for the year ended 31M | arch 2022 | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Charitable activities |
|||
| Brought forward | 297,742 | 210,886 | |
| Building Maintenance | 3,763 | 5,459 | |
| Vehicle Expenses | 16,315 | 12,710 | |
| StaffExpenses | 1,031 | 888 | |
| Volunteer Expenses | 181 | 303 | |
| Sundry &Cleaning | 66 | ||
| Office Equipment | 4,810 | 2,263 | |
| Project Costs - Food Bank | 6,563 | 3,919 | |
| Project Costs - Cycles | 246 | ||
| Project Costs - Home Starter Packs | 3,867 | 2,250 | |
| Project Costs - WEEE | 54,402 | 14,347 | |
| Project Costs - Other | 4,704 | 1,993 | |
| Professional Fees |
2,136 | 1,540 | |
| Project Costs - St Paul's Cafe | 30,800 | ||
| Accountancy | 1,630 | 1,705 | |
| Transfer to costofselling donated goods | (73,746) | (37,260) | |
| Donated goods given away | 72,454 | 37,067 | |
| Project Costs - Wheelie BinDeliveries | 5,907 | ||
| Improvements to property |
depreciation | 2,380 | 2,506 |
| Fixtures &fittings depreciation | 694 | 850 | |
| Motor vehicles depreciation | 5,059 | 5,274 | |
| Loss on sale oftangible fixed assets | 748 | ||
| 440,938 | 267,514 | ||
| Other | |||
| Health &Safety | 1,565 | 1,531 | |
| Membership Fees |
1,121 | 516 | |
| 2,686 | 2,047 | ||
| Total resources expended | 517,958 | 310,438 | |
| Net income | 7,578 | 34,518 |