| Page | |||
|---|---|---|---|
| Reference and Administrative | Details | ||
| Chairman's Report |
|||
| Report ofthe Trustees | 3to 6 | ||
| Independent Examiner's |
Rep'ort | ||
| Statement ofFinancial | Activities | ||
| Statement ofFinancial | Position | ||
| Notes to the Financial Statements | 10to 13 | ||
| Detailed Statement ofFinancial | Activities | 14to 15 |
| TRUSTEES | Mrs VBrooke (Trustee) | ||||
|---|---|---|---|---|---|
| BD Granger (Chairperson) | |||||
| FHassoun (Trustee) |
|||||
| Mrs EC Lowe (Vice-Chair) | |||||
| Mrs JMarriott (Trustee) | |||||
| BJTetley (Trustee) | |||||
| WEWebster (Trustee) —resigned | 3November | 2020 | |||
| COMPANY SECRETARY | JSFPacheco | ||||
| REGISTERED OFFICE | Towles Building | ||||
| 31Clarence Street | |||||
| Loughborough | |||||
| Leicestershire | |||||
| LE111DY | |||||
| REGISTERED COMPANY NUMBER | 02587766 (England and Wales) |
||||
| REGISTERED CHARITY NUMBER | 1002980 | ||||
| INDEPENDENT EXAMINER | TCP (GB)Group Ltd | ||||
| 10The Triangle ' |
|||||
| NG2 Business Park | |||||
| Nottingham | |||||
| Nottinghamshire | |||||
| NG2 1AE | |||||
| STAFF | Tony Warren —Warehouse/Vehicle |
Manager/Joint | Acting CEO | ||
| Julio Pacheco - Admumtration | Manager/Joint | Acting CEO | |||
| Stewart Tmner - Portable Appliance | Tester | ||||
| Linda Urquhart - Finance Administrator | |||||
| Salim Nagdi - Administration | Assistant | ||||
| David Hannington -Warehouse/Van |
Assistant | ||||
| Kerry Wood-May - Cleaner | |||||
| Christopher Peaty - Van/Warehouse |
Assistant | ||||
| The Co-operative Bank PLC, |
Business Customer | Service Centre, PO | |||
| Box250,Delf House, Skelmersdale, | WN8 6WT. |
| 31/03/21 | 31/03/20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| Notes | f | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Charitable activities |
|||||
| Sale offurniture and electrical goods Miscellaneous Income |
105,810 4,395 |
239,270 13,531 |
|||
| Cnants and other income | 63,351 | ||||
| Investment income |
|||||
| Total | 173,556 | 252,801 | |||
| KXPKNDITURE ON | |||||
| Charitable activities |
|||||
| Sale offurniture and electrical goods |
149,950 | 206,088 | |||
| Support costs | 55,128 | 58,007 | |||
| Depreciation | 2,643 | 2,336 | |||
| Governance costs |
4,211 | 4,317 | |||
| Total | 211,932 | 270,748 | |||
| NET (EXPENDITURE) | (38,376) | (17,947) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 182,582 | 200,529 | |||
| TOTAL FUNDS CARRIED FORWARD | ~166 06 | 188588 |
| STATEME | NT OF FINANCIAL PO AT 31MARCH 2021 |
SITION | ||
|---|---|---|---|---|
| 31/03/21 | 31/03/20 | |||
| Unrestricted | Total | funds | ||
| funds | ||||
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets | 9,150 | 11,793 | ||
| CURRENT ASSETS | ||||
| Stocks | 17,257 | 25,142 | ||
| Debtors | 45,787 | 69,414 | ||
| Cash at bank and in hand | 83 323 | 114392 | ||
| 146,367 | 209,148 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
(11,311) | (38,359) | ||
| NET CURRENT ASSETS | 135,056 | 170789 | ||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 144,206 | 178,988 | ||
| NET ASSETS | 144206 | 182382 | ||
| FUNDS | 10 | |||
| Unrestricted funds |
144206 | 182382 | ||
| TOTAL FUNDS | 144206 | 18' 382 |
| Asset | Basis | |
|---|---|---|
| Fixtures and equipment | 20 | Straight line |
| Motor vehicles | 25 | Reducing balance |
| All fixed assets costing f500 and over are capitalised | and initially recorded at cost. |
| Trustees' | expenses | |||||
|---|---|---|---|---|---|---|
| 31/03/21 | 31/03/20 | |||||
| f | f. | |||||
| Trustees' | expenses | |||||
| STAFF | COSTS | |||||
| 31/03/21 | 31/03/20 | |||||
| Wages and salaries | 97,497 | 95,613 | ||||
| Social security costs | 1,391 | 2,265 | ||||
| Other pension costs | ~2148 | 2,140 | ||||
| 101036 | 1~00018 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 31/03/21 | 31/03/20 | |||||
| Number | ofstaff | 8 | 8 | |||
| No employees received emoluments |
in excess ofZ60,000. |
| 5. | TANGIBLE | FIXEDASSETS | FIXEDASSETS | |||||
|---|---|---|---|---|---|---|---|---|
| Fixtures and | ||||||||
| equipment | Motor vehicles | Totals | ||||||
| E | ||||||||
| COST | ||||||||
| At 1 April 2020 | 26,946 | 32+45 | 59,191 | |||||
| Additions | ||||||||
| Disposals | ||||||||
| At 31March | 2021 | 26,946 | ~32 245 | ~59 191 | ||||
| DEPRECIATION | ||||||||
| At 1 April 2020 | 23,011 | 24,387 | 47&398 | |||||
| Charge for year | 1,072 | 1,571 | 2,643 | |||||
| Eliminated on disposal |
||||||||
| At 31March | 2021 | 24 083 | ~25958 | ~50 041 | ||||
| NET BOOK | VALUE | |||||||
| At 31March | 2021 | 2,863 | ~6287 | 9 150 | ||||
| At 31March | 2020 | 3,935 | ~7858 | 11,793 | ||||
| 6. | STOCKS | |||||||
| 31/03/21 | 31/03/20 | |||||||
| Stocks | 17257 | ~25 142 | ||||||
| 7. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 31/03/21 | 31/03/20 | |||||||
| f. | ||||||||
| Trade debtors | 23,835 | 49,074 | ||||||
| Prepayments | and accrued | income | 16,199 | 20,340 | ||||
| Other debtors | 5 753 | |||||||
| ~45 787 | 69,414 | |||||||
| 8. | CREDITORS: AMOUNTS FALLING DUE | WITHIN | ONE YEAR | |||||
| 31/03/21 | 31/03/20 | |||||||
| Trade creditors | 7,142 | 24,361 | ||||||
| Social security and other | taxes | 1,659 | 1,307 | |||||
| VAT | 550 | 8,174 | ||||||
| Pension liability | 320 | 314 | ||||||
| Accrued expenses | 1 640 | ~4203 | ||||||
| 11311 | ~38 359 | |||||||
| 9. | LEASING AGREEMENTS | |||||||
| Minimum lease payments |
under non-cancellable | operating | leases fall due | as follows: | ||||
| 31/03/21 | 31/03/20 | |||||||
| Within one year | ~8487 | 8,043 |
| MOVEMENT IN | FUNDS | |||||
|---|---|---|---|---|---|---|
| Net movement | Transfers | |||||
| At 1/4/20 | in funds | between | funds | At 31/03/21 | ||
| Unrestricted funds |
||||||
| General Fund | 132,582 | (38,376) | 94,206 | |||
| Asset Improvement | Fund | 50,000 | 50,000 | |||
| Tangible Fixed Assets Fund | ||||||
| 182,582 | 144,206 | |||||
| TOTALFUNDS | 182 682 | 144206 |