Annual Report 2021/22
Units 5 & 6 Collers Way Reepham NORWICH NR10 4SW 01603 873128 info.scrapbox@gmail.com
Registered Charity No. 1050261, Non-VAT Registered
Post-pandemic recovery
Like all areas of the economy, Scrapbox continued to be impacted by the Covid 19 pandemic during the year 2021/22. The end of government and local authority financial support along with a slow return to normal shopping patterns have conspired to set a challenging backdrop for trading. Whilst income from sales has surged compared to the previous lockdown-affected period, so have the costs associated with generating those sales; principally salaries.
The positive effects of Covid to the charity have persisted; the workstations in the warehouse have been retained and these contribute to the wellbeing of staff and volunteers. Additionally, the glazed doorway in the unit’s roller door has transformed the shop by introducing natural light, and helps new customers to see where we are.
Trustees
During 2021/22 we experienced a settled year with our body of trustees. At the end of the reporting period the trustees were: Andrew Whitehead (chair), Stephen Jefford, Kandi Kammoun & Sophie Fox.
Volunteers
2021/22 was a settled time for our volunteers. We closed the reporting period with around 20 active volunteers. Some of these do their work in the warehouse unit, and others work from home.
Finances
The Accounts attached show that the charity made a modest loss in the year. The healthy position reported in our last annual report has gone some way to cushioning the post-pandemic restart, and we hope to return to making a surplus in the year 2022/23.
Summary
Following the extraordinary pandemic period the challenges of operating a retail business have been universal. Scrapbox rose to the immediate challenges presented by COVID, but the long-term legacy continued through 2021/22. Following on from the surplus in 2020/21, 2021/22 has clearly presented a tougher trading climate. Even with the deficit, we still consider the year to be a successful one, and we look forward to a surplus in 2022/23 as customer confidence continues to rebuild.
Rev Andrew Whitehead
Chair of Trustees, 30th January 2023
| Scrapbox Income and Expenditure | 1/04/21 to 31/03/2022 | |||||
| Income | ||||||
| Sales | 25,780.02 | |||||
| Other (Covid Grants/Donations | 7,709.94 | |||||
| Total | 33,489.96 | |||||
| Expenditure | ||||||
| Building Management | 229.20 | |||||
| Business Rates | 527.00 | |||||
| Insurance | 1,469.16 | |||||
| Other Expense | 836.66 | |||||
| Telephone | 464.12 | |||||
| Household | 40.74 | |||||
| Publicity | 114.00 | |||||
| Computer / Stationery | 220.45 | |||||
| Rent / Water rates | 9,726.12 | |||||
| Salaries | 20,209.49 | |||||
| Tax/Nat Ins | 1,271.24 | |||||
| Utilities | 1,162.33 | |||||
| Total | 36,270.51 | |||||
| Proft (Loss) | -2,780.55 | |||||