Please find attached the accounts for the Vine T￿e for 2022. These need to be accepted and minuted at your next meeting. and then input onto your Charities Commission website. Let me know if you have any questions. This is the first full year of trading for some time. following lock downs etc, so interesting to see the current trading position. In round thousands, sales were £35000 (probably the best ever in a year?); and costs were £32000, not including donations. Inflation on costs was just below 60/0. 50. £3000 profit on £35000 sales. We made donations of over £8000 - so our bank balance reduced over the year by £5000. Our current account now holds £25000. Inflation on costs of IOO/o over the next year would mean that we would break even in 2023, before donations. so any donations we make would reduce the bank balance. To put it another way. the current account would run out after 5 years if we had the same results as this year. A long way off, but wanted to raise this, as this could happen in the next few years - you just need to be aware of it. If you need further detail, please let me know. Thanks, Neil. ## The Vine Tree Charity Shop ## Profit and Loss Account - 12 months to December 2022 |**YTD 22**
**YTD 21**
**% increase**
**Income**
**Sales:**
**Counter**
£33,431.51
£17,325.63
93.0%
**Rags / Books**
£2,047.54
£1,712.07
19.6%
**Sales Revenue**
**£35,479.05**
**£19,037.70**
86.4%
**Other Income:**
Donations Grants other income
£0.00
£18,965.55
Interest
£0.00
£11.14
**Total Income**
**£35,479.05**
**£38,014.39**
-6.7%
**Excess of Income over**
**Expenditure**
**£3,693.71**
**£7,917.36**
-53.3%
**BALANCE SHEET:**
Current Account - Santander
£25,569.32
Paypal
£1,645.04
Takings not yet banked
£260.20
Cheques not yet presented
£0.00
**TOTAL FUNDS**
**£27,474.56**|**YTD 22**
**YTD 21**
**% increase**
**Expenditure**
**Salaries**
**£18,328.10**
**£16,750.20**
**Inland Revenue Funding**
**£1,949.21**
**£2,496.88**
**Pension**
**£2,568.60**
**£2,568.60**
4.7%
**Heat Light and Power**
Electricity
£524.78
£373.14
Gas
£424.46
£348.76
Water
£265.19
£243.92
**Total HLP**
**£1,214.43**
**£965.82**
25.7%
**General Expenses**
Stationery
£0.00
£0.00
Refreshments
£7.59
£4.00
Rates and Refuse Collection
£1,066.04
£1,270.26
Telephone
£619.53
£321.39
Cleaning
£12.57
£0.00
Volunteers events
£363.50
£604.24
Other
£329.00
£0.00
**Total General Expenses**
**£2,398.23**
**£2,199.89**
9.0%
**Insurance / Legal**
**£244.00**
**£219.36**
11.2%
**Performing Rights**
**£216.22**
**£0.00**
**Repairs**
**£180.00**
**£584.83**
**Fire Extinguisher**
**£59.00**
**£0.00**
**Rent**
**£4,627.55**
**£4,311.45**
7.3%
**Total Expenditure**
**£31,785.34**
**£30,097.03**
5.6%
**Donations**
**£8,549.00**
**£2,028.00**
321.5%
Donations:
Skegby Parish Church
£1,500.00
L Gardner
£120.00
Academy Transformation
£2,300.00
First Responders
£750.00
Meristems
£250.00
Teversal Visitors Centre
£215.00
Macmillan Cancer
£250.00
Skegby/SH Neighbourhood
£200.00
Create Studios
£250.00
Skegby Parish Church
£1,000.00
St Andrews School
£555.00
Skegby Parish Church
£1,000.00
TV License Ukranian Family
£159.00| |---|---| ||| Please find attached the accounts for the Vine T￿e for 2022. These need to be accepted and minuted at your next meeting. and then input onto your Charities Commission website. Let me know if you have any questions. This is the first full year of trading for some time. following lock downs etc, so interesting to see the current trading position. In round thousands, sales were £35000 (probably the best ever in a year?); and costs were £32000, not including donations. Inflation on costs was just below 60/0. 50. £3000 profit on £35000 sales. We made donations of over £8000 - so our bank balance reduced over the year by £5000. Our current account now holds £25000. Inflation on costs of IOO/o over the next year would mean that we would break even in 2023, before donations. so any donations we make would reduce the bank balance. To put it another way. the current account would run out after 5 years if we had the same results as this year. A long way off, but wanted to raise this, as this could happen in the next few years - you just need to be aware of it. If you need further detail, please let me know. Thanks, Neil.