OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

The Vine Tree Charity Shop

Profit and Loss Account - 12 months to December 2021

YTD 21
YTD 20
% increase
Income
Sales:
Counter
£17,325.63
£19,431.47
-10.8%
Rags / Books
£1,712.07
£2,176.12
-21.3%
Sales Revenue
£19,037.70
£21,607.59
-11.9%
Other Income:
Donations Grants other income
£18,965.55
£19,373.56
Interest
£11.14
£11.10
Total Income
£38,014.39
£40,992.25
-7.3%
Excess of Income over
Expenditure
£7,917.36
£9,361.02
-15.4%
BALANCE SHEET:
Current Account - Santander
£31,684.80
Paypal
£0.00
Takings not yet banked
£720.05
Cheques not yet presented
-£75.00
Nottm Credit Union
£0.00
TOTAL FUNDS
£32,404.85
The pandemic has affected the figures in both 2020 and 2021. This year, the shop
didn't open until 10th May, so we lost over four months' trading - last year it was
broadly three - so we are slightly down on takings in 2021.
YTD 21
YTD 20
% increase
Expenditure
Salaries
£16,750.20
£15,733.65
Inland Revenue Funding
£2,496.88
£3,568.28
Pension
£2,568.60
£2,568.60
-0.3%
Heat Light and Power
Electricity
£373.14
£345.27
Gas
£348.76
£391.40
Water
£243.92
£228.37
Total HLP
£965.82
£965.04
0.1%
General Expenses
Stationery
£0.00
£2.85
Refreshments
£4.00
£21.82
Rates and Refuse Collection
£1,270.26
£852.12
Telephone
£321.39
£519.29
Cleaning
£0.00
£4.00
Volunteers events
£604.24
£37.80
Other
£0.00
£62.10
Total General Expenses
£2,199.89
£1,499.98
46.7%
Insurance / Legal
£219.36
£697.32
-68.5%
Performing Rights
£0.00
£407.64
Repairs
£584.83
£1,713.52
Fire Extinguisher
£0.00
£30.00
Rent
£4,311.45
£4,447.20
-3.1%
Total Expenditure
£30,097.03
£31,631.23
-4.9%
Donations
£2,028.00
£1,250.00
62.2%
Donations:
Ashfield Voluntary Action
£1,000.00
St. John's Methodist Church
£250.00
Create Studios
£250.00
St. Andrews School
£528.00
The pandemic has affected the figures in both 2020 and 2021. This year, the shop
didn't open until 10th May, so we lost over four months' trading - last year it was
broadly three - so we are slightly down on takings in 2021.
The payments from Ashfield District Council and HMRC are slightly down year on year
(£10,335.21 - ADC; £8630.34 HMRC).
Expenditure is 5% down on last year (mainly repairs and rates and refuse collection).
The Nottingham Credit Union long term investment was closed in December and
transferred into the Santander current account, with £11.14 interest. So, at the end
of December we had just under £31700 in our Santander account; with £720 takings
not yet banked, and a cheque for £75 (plumbing) not yet presented.

The pandemic has affected the figures in both 2020 and 2021. This year, the shop didn't open until 10th May, so we lost over four months' trading - last year it was broadly three - so we are slightly down on takings in 2021. The payments from Ashfield District Council and HMRC are slightly down year on year (£10,335.21 - ADC; £8630.34 HMRC). Expenditure is 5% down on last year (mainly repairs and rates and refuse collection). The Nottingham Credit Union long term investment was closed in December and transferred into the Santander current account, with £11.14 interest. So, at the end of December we had just under £31700 in our Santander account; with £720 takings not yet banked, and a cheque for £75 (plumbing) not yet presented.