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|CONTENTS|CONTENTS|||Page|
|---|---|---|---|---|
|List ofofficers, Board members|||and advisers||
|Trustees Report||||2-5|
|Report ofthe|Independent|Examiners|||
|Consolidated|Statement of|Financial Activities|||
|Consolidated|Statement of|Financial Position|||
|Statement of|Financial Position||||
|Consolidated|Statement of|Cash|Flows|10|
|Notes to the|Financial Statements|||11 —19|
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|DIRECTORS/TR|STEES|Dawn Melvin|(Chair)||
|---|---|---|---|---|
|||RAndrew
Setchell|||
|||Malcolm Watson|—resigned|29June 2021|
|||Douglas John Rugg (Vice chair)|||
|||James Melvin|||
|||Jan Tappin|||
|ADDRESS 8cREGISTERED OFFICE||Warehouse
5|||
|||West Quay|||
|||The Docks|||
|||Gloucester|||
|||GL1 2EH|||
|INDEPENDENT|EXAMINERS|Andorran
Limited|||
|||Chartered Accountants|||
|||6Manor Park Business Centre|||
|||Mackenzie Way|||
|||Cheltenham|||
|||Glos GL51 9TX|||
|BANKERS||Lloyds Banking Group|||
|||19Eastgate Street|||
|||Gloucester|||
|||GL1 1NU|||
|SOLICITORS||Tayntons
Solicitors|||
|||8-12Clarence Street|||
|||Gloucester|||
|||GL1 1DZ|||
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|||||||31MARCH|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
|INCOME|||||||||
|Income from charitable||activities|(note|2)|96,364|10,000|106,364|348,360|
|Other activities|||||||||
|Donations
and legacies|(note 3)||||4,483||4,483|18,977|
|Other trading activities|(note 3)||||22,307||22,307|67,938|
|Income from investments|||||28||28|617|
|Other income (note 4)|||||249,675||249,675|2,927|
||||||276,493|10,000|275,493|90,459|
|Total Income|||||372,857|10,000|382,857|438,819|
|EXPENDITURE|||||||||
|Raising funds (note 6)|||||17,457||17,457|58,009|
|Charitable
activities (note 7)|||||271,790|20,010|291,800|448,181|
|Total Expenditure|||||289,247|20,010|309,257|506,190|
|Net Income/(Expenditure)|||||83,610|(10,010)|73,600|(67,371)|
|Balances transferred|between||funds||||||
|||||finanria/|||||
|Funds brought
forward||at 1April 2020|||73,148|19,484|92,632|160,003|
|Funds carried forward||at31March 2021|||156,758|9,474|166,232|92,632|
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|31MARCH 2021|||||||||
|---|---|---|---|---|---|---|---|---|
|||||||2021|2020||
|||||Unrestricted|Restricted|Total|Total||
|||||Funds|Funds|Funds|Funds||
|FIXEDASSETS|||||||||
|Tangible assets (note 10)||||9,972|9,474|19,446|29,990||
|CURRENT ASSETS|||||||||
|Stock||||7,933||7,933|7,934||
|Debtors (note 12)||||34,487||34,487|28,865||
|Bank and cash in hand||||125,959||125,959|48,346||
|||||168,379||168,379|85,145||
|CREDITORS: amounts|falling due||||||||
|within one year|||||||||
|Creditors
(note 14)||||21,593||21,593|22,503||
|NET CURRENT ASSETS||||146,604||146,604|62,642||
|TOTAL ASSETSLESSCURRENT LIABILITIES||||156,758|9,474|166,232|92,632||
|FUNDS OFTHE CHARITY|||||||||
|Unrestricted
funds: (note|8)||||||||
|General funds||||156,758||156,758|73,148||
|Restricted funds (note 8)|||||9,474|9,474|19,484||
|||||156,758|9,474|166,232|92,632||
|The charitable
company
is|entitled to exemption||from audit under Section 477ofthe Companies Act 2006 for the|||||year|
|ended 31 March 2021.The|members|have not|required|the company|to obtain an audit ofits financial||statements|for|
|the year ended 31March 2021|||||||||
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|FIXEDASSETS||||||
|Tangible assets (note 10)||9,972|9,474|19,446|29,990|
|Investments
(note 11)||2||2|2|
|||9,974|9,474|19,448|29,992|
|CURRENT ASSETS||||||
|Debtors (note 13)||51,842||51,842|44,629|
|Bank and cash in hand||115,296||115,296|39,845|
|||167,138||167,138|84,474|
|CREDITORS: amounts|falling due|||||
|within one year||||||
|Creditors
(note 15)||20,534||20,354|21,834|
|NET CURRENT ASSETS||146,604||146,604|62,640|
|TOTAL ASSETSLESSCURRENT LIABILITIES||156,758|9,474|166,232|92,632|
|FUNDS OFTHE CHARITY||||||
|Unrestricted
funds (note|8)|||||
|General Funds||156,758||156,758|73,148|
|Restricted
funds (note 8)|||9,474|9,474|19,484|
|||156,758|9,474|166,232|92,632|
|||2021|2020|
|---|---|---|---|
|CASH FLOWS FROM OPERATING ACTIVITIES||||
|Net movement
in|funds (as per the statement offinancial activities)|73,600|(67,371)|
|Adjustments
for:||||
|Depreciation
charges||10,457|15,622|
|Loss/(Profit)
on sale offixed assets||(330)|336|
|(increase)/decrease|in stock|1|(2,696)|
|(increase)/decrease|in debtors|(5,622)|(2,260)|
|Increase /(decrease)|in creditors|(910)|5,785|
|Net cash used in|operating
activities|77,196|(50,584)|
|CASH FLOWS FROM INVESTING ACTIVITIES||||
|Proceeds from sale|ofplant and equipment|417|1,700|
|Purchases ofplant|and equipment||(2,318)|
|Net cash used in|investing
activities|417|(618)|
|Increase /(decrease)|in cash in the year|77,613|(51,202)|
|Cash balance at 1April 2020||48,346|99,548|
|Cash balance at 31March 2021||125,959|48,346|
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|INCOME FRO|M CHARITABLE ACTIVIT|IES||||
|---|---|---|---|---|---|
|||||2021|2020|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|Income from sales ofDonated Furniture||77,670||77,670|289,907|
|Gloucester Brewery||10,000||10,000||
|BigLottery —Awards For All|||10,000|10,000||
|Hire ofRiser Recliner Chairs||7,984||7,984|9,317|
|Marsh Trust||300||300||
|Other grants and donations||410||410|16,902|
|Police Commissioner|||||1,210|
|Barnwood Trust|||||1,000|
|GEM Project|||||13,593|
|Souter Charitable|Trust||||1,000|
|Nature
save|||||650|
|Zurich|||||2,750|
|Notgrove Trust|||||2,000|
|Langtree|||||525|
|Hasluck Trust|||||2,000|
|Gloucestershire|County Council||||5,650|
|Jack Lane|||||1,000|
|Training Income|||||856|
|||96,364|10,000|106,364|348,360|
|INCOME FROM OTHER ACTIVITIES||||||
|||||2021|2020|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|Gift aid||4,483||4,483|18,977|
|Income from sales ofnew furniture||22,307||22,307|67,938|
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|---|---|---|---|---|
|OTHER INCOME|||2021|2020|
|Coronavirus
Job Retention||Scheme|97,955|2,927|
|Coronavirus
Retail Support||Grants|151,390||
|Profit on disposal ofplant||&machinery|330||
||||249,675|2,927|
|NET INCOME/(EXPENDITURE)|||2021|2020|
|Net income/(expenditure)||is stated after charging:-|||
|Depreciation oftangible|fixed assets||||
|—owned assets|||10,457|15,622|
|Rent (operating
lease)|||48,062|23,988|
|Independent
Examiners'|remuneration||||
|—charity|||1,550|1,400|
|—group|||1,860|1,705|
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|RAISING FUNDS||||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|Fundraising
expenses:||||||||
|Salaries||||1,825||1,825|9,509|
|Printing,
postage &stationery||||85||85|333|
|Telephone||||125||125|439|
|Trading expenses:||||||||
|Purchases
for resale||||15,023||15,023|47,322|
|Accountancy||||310||310|305|
|Bank charges||||89||89|101|
|||||17,457||17,457|58,009|
|CHARITABLE ACTIVITIES||||||||
|Disposal ofwaste||||575||575|881|
|Salaries||||166,881|11,610|178,491|269,519|
|Recruitment
expenses||||||||
|Volunteers
expenses||||3,097||3,097|9,554|
|Training &travel||||323||323|1,687|
|Sundry staff costs||||1,193||1,193|2,389|
|Rent||||48,062||48,062|23,988|
|Rates &water||||1,405||1,405|33,374|
|Premises insurance||||2,608||2,608|2,569|
|Light, heat &power||||12,687||12,687|22,217|
|Premises, maintenance|&cleaning|||2,714||2,714|14,622|
|Depreciation||||2,057|8,400|10,457|15,622|
|Loss on disposal ofasset|||||||336|
|Van running
costs||||7,244||7,244|13,662|
|Riser-recliner
hire expenditure||||429||429|424|
|Workshop &office||||5,066||5,066|10,279|
|Printing, postage &stationery||||1,295||1,295|2,438|
|Telephone||||3,103||3,103|4,831|
|Legal, accounting &other professional|||fees|5,864||5,864|10,627|
|General insurance||||4,832||4,832|5,843|
|Bank charges||||547||547|595|
|Subscriptions||||258||258|1,324|
|Accountancy —Independent||examination||1,550||1,550|1,400|
|||||271,790|20,010|291,800|460,877|
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|CONSOLID|ATED FUNDS|MOVEMENT|||||
|---|---|---|---|---|---|---|
|||Brought|||Transfers &|Carried|
|||forward|Income|Expenditure|Capital costs|forward|
|Unrestricted|funds:||||||
|General Fund||73,148|372,857|289,247||156,758|
|||73,148|372,857|289,247||156,758|
|||||Brought||||Carried|
|---|---|---|---|---|---|---|---|---|
|||||forward|Income|Expenditure|Transfers|forward|
|Restricted|funds|by|Department:||||||
|Operations||||18,984|10,000|19,760||9,224|
|Electrical||||500||250||250|
|||||19,484|10,000|20,010||9,474|
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|9.
COMPARATIV|E|S FO|RTHE STATEMENT|OF FINANCIAL ACTIV|ITIES||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
|INCOME|||||||
|Income from charitable||activities|(note 2)|317,982|30,378|348,360|
|Other activities (note|3)||||||
|Donations
and legacies||||18,977||18,977|
|Other trading activities||||67,938||67,938|
|Income from investments||||617||617|
|Other income||||2,927||2,927|
|||||90,459||90,459|
|Total Income||||408,441|30,378|438,819|
|EXPENDITURE|||||||
|Raising funds (note 5)||||58,009||58,009|
|Charitable
activities (note 6)||||407,687|40,494|448,181|
|Total Expenditure||||465,696|40,494|506,190|
|Net Income/(Expenditure)||||(57,255)|(10,116)|(67,371)|
|Balances transferred|between||funds||||
|Funds brought
forward||at 1April 2019||130,403|29,600|160,003|
|Funds carried forward||at 31March 2020||73,148|19,484|92,632|
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|||Plant and|Motor||
|---|---|---|---|---|
|||Equipment|Vehicles|Total|
||Cost||||
||As at 1April 2020|110,247|76,962|187,209|
||Additions
in year||||
||Disposals in year|(2,604)||(2,604)|
||Balance at 31March 2021|107,643|76,962|184,605|
||Depreciation||||
||As at 1 April 2020|91,717|65,502|157,219|
||Charge for year|5,724|4,733|10,457|
||Eliminated
on disposals|(2,517)|—|(2,517)|
||Balance at 31March 2021|94,924|70,235|165,159|
||Net BookValue||||
||At 31March 2021|12,719|6,727|19,446|
||At 31March 2020|18,530|11,460|29,990|
|11.|FIXEDASSETINVESTMENTS||||
||Investment
in subsidiary|Shares|Loan|Total|
||At 1 April 2020 and 31March 2021||||
||||2021|2020|
|12.|DEBTORS - GROUP||||
||Trade debtors||2,235|4,530|
||Other debtors
Bcprepayments||22,448|23,729|
||VAT recoverable||9,804|606|
||||34,487|28,865|
||||||2021|2020|
|---|---|---|---|---|---|---|
|13.|DEBTORS —PARENT COMPANY||||||
||Trade debtors||||2,057|2,570|
||Other debtors Rprepayments||||41,109|40,226|
||VAT recoverable||||8,676|1,833|
||||||51,842|44,629|
|14.|CREDITORS - GROUP||||||
||Trade creditors||||15,662|6,131|
||Accruals and deferred|income|||1,950|12,705|
||Other creditors||||725|101|
||Tax and social security||||3,256|3,566|
||||||21,593|22,503|
|15.|CREDITORS —PARENT COMPANY||||||
||Trade creditors||||14,722|5,762|
||Accruals and deferred|income|||1,650|12,405|
||Other creditors||||725|101|
||Tax and social security||||3,257|3,566|
||||||20,354|21,834|
|16.|OTHER FINANCIAL COMMITMENTS||||||
||FRP had the following|commitments|under operating|leases, falling due as follows|||
||Land and buildings||||||
||Within one year||||22,709|26,500|
||Within two to five years||||41,671|3,833|
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