BACUP FELLOWSHIP OF CHURCHES- CHARITY SHOP STATEMENT OF ACCOUNTS YEAR ENDED 31ST AUGUST 2024 REGISTERED CHARrrY NUMBER: 1027345 BACUP FELLOWSHIP OF CHURCHES- CHARITY SHOP Independent examiner's report to the trustees ofBacup Fellowship of Churebes I report on the accounts of the Trust for th¢ year ended 31 August 2024, which are set out on pages 2 to3. Respective responsibilities of trustees and ¢￿8mlner The charity's trustees are responsible for the preparation of the accounts. The chartty's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act 2011. to follow the procedures laid down in the general Directions given by the Chartty Commission under section 145{5)(b) of the 201 l ACL and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with thos¢ records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. Independent examiller's statement In connection with my examination. no matter has come to my attention: ( l) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with ￿tion 130 of the 2011 Act" and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not b¢¢n met. or (2) to which, in my opinion. attention should be drawn in order to enable a proper understanding of the a￿Ount$ to be rea¢h¢d. Fielding & Co Accountants 73 Bankside Lane Bacup Lancashire OL13 8HP 18th September 2024 BACUP FELLOWSHIP OF CHURCHES ~ CHARITY SHOP RECEIPTS AND PAymE￿s ACCO FOR THE YEAR ENDED 31 ST AUGUST 2024 2024 2023 Receipts Shop takings 110,554 107,221 Bank interest 471 110 111.025 107,331 Payments Wages and national insurance Pension scheme Rent Light, heat and water Insurance Repairs and renewals Stationery Cleaning Shop essentials Travelling expenses Accountancy charges Sundry expenses 61,618 1,015 6,668 3,700 416 975 68 1,448 515 235 810 1,360 55,129 870 6,282 2.291 359 2.860 54 1.415 417 262 750 1,622 78,828 72,311 Surplus for the year 32,197 35,020 Distributions (see note) Less Donations received 61,000 26,250 61,(K)O 26,250 Net Surplus(Deficit) for the year -28.803 8,770 BACUP FELLOWSHIP OF CHURCHES - CHARITY SHOP BALANCE SHEET AT 3 1ST AUGUST 2024 2024 2023 Balances Current accounts Deposit account Cash in hand 4,086 41,882 200 62,560 12,211 200 46,168 74,971 Represented by: Fund At I st September 2023 Surplus(Deficit) for the year 74.971 -28,803 66,201 8.770 At 31 st August 2024 46,168 74,971 NOTE Distributions Bacup Family Centr¢ Bacup Living Room Britannia CP School C.A.S.T. Christians Against Poverty M3 Project Northern CP School Rossendale Food Box The Magdalene Project (£5k + £lk) The Rossendale Rubicon Trinity Baptist Food Bank 30,000 4,000 1,000 3,000 5,000 5,000 1,000 5,000 5,000 5,000 250 5,000 1,000 5,000 6,000 1,000 5,000 61,000 26,250 Accounting Policy The accounts have been prepared under a receipts and payments basis as allowed by Section 133 of the Charities Act 2011. Bacu Fellowshi of Churches. Chairfs re ort for the ear to Se tember 2024. Both shops have had anothertremendous year with turnover exceeding last yearfs figures. The turnover for 2023124 of £110,554 represents an average weekly takings of £2,126 which in our community where many are struggling with the cost of living pressures they face, is an amazing result. It demonstrates that the shops provide a much needed service and are greatly valued by those who use them. As always the Trustees are grateful to all the stsff and volunteers who work so hard throughout the whole year. Without their hard work and endeavor we would not be able to financially support the other charitable groups who we know are also so appreciative of the help we can offer. At the October 2023 meeting the Trustees agreed to give a total of £61,000.00 to ten different organisations; this far ex￿eded the highest total ever given out and in particular a significant amount was granted to Bacup Family Centre at a time when the project was awaiting the outcome of funding bids and in serious danger of considering the closure of the project. As Trustees we learned that the Family Centre did secure further funding and they expressed their gratitude for the donation that saw them get through a difficult and worrying time. A new initiative was the decision to grant two local Primary schools a small grant for specific projects they had in mind that would benefrt their pupils. As always we received letters of thanks from all the organ+sations we supported during the year. The donations we receive come frorn all parts of the Valley and we are so blessed in the level of donations; however, the shops still suffer from srtuations where donations are left outside the shops when they are closed and we're aware that individuals are going through the donations and taking items. This is disheartening for all concerned and detrarts greatly from the good work we do. The mantra is that we continually ask ft)r donations to be brought when the shops are open. As Trustees we again say thank you to Metis HR for their support and advice in HR matters as well as to John Fieldin8 for accountancy and payroll seNices. Rev Derek Allen. Chair of Trustees.