OpenCharities

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

2023-03-31-accounts

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 11-18

31MARCH 2023
Unrestricted Restricted Total Total
Funds Funds Funds Funds
INCOME
Income &om charitable activities (note 2) 367,702 367,702 219,724
Other activities
Donations
snd legacies		 (note 3) 23,156 23,156 12,442
Other trading activities (note 3) 83,037 83,037 38,686
Income froin investments 178 178 11
Other income (note 4) 2,553 2,553 37,547
108,924 108,924 88,686
Total Income 476,626 476626 308410
EXPENDITURE
Raising funds (note 6) 59,376 59,376 31,247
Charitable
activities (note 7)		 369,389 1,569 370,958 320,148
Total Expenditute 428,765 1,569 430,334 351,395
Net Income/(Expenditure) 47,861 (1,569) 46,292 (42,985)
Balances transferred between funds
Funds brought
forward		 at 1Apdl 2022 118,080 5,167 123,247 166,232
Funds catded forward at31Match 2023 165,941 3,598 169,539 123,247

31MARCH 2023
2023 2022
Unrestricted Restricted Total Total
Funds Funds Funds Funds
FIXEDASSETS
Tany'ble
assets (note 10)		 15,384 3,598 18,982 16,397
CURRENT ASSETS
Stock 9,613 9,613 7,465
Debtors (note 12) 18,813 18,813 33,860
Bank and cash in hand 137,604 137,604 88/04
166,030 166,030 129,529
CREDITORS: amounts falling due
within one year
Creditors (note 14) 15,473 15,473 22,679
NET CURRENT ASSETS 150,557 150,557 106,850
TOTAL ASSETSLESSCURRENT LIABILITIES 165,941 3,598 169,539 123,247
FUNDS OFTHE CHARITY
Untestricted
funds: (note		 8)
General funds 165,941 165,941 118,080
Restricted funds
(note 8)		 3,598 3,598 5,167
165,941 3,598 169,539 123,247

2023 2022
Unresuicted Restricted Total Total
Funds Funds Funds Funds
FIXEDASSETS
Tangible assets (note 10) 15,384 3,598 18,982 16,397
Investments
(note 11)		 2 2 2
15,386 3,598 18,984 16,399
CURRENT ASSETS
Debtors (note 13) 36,772 36,772 41,079
Bank and cash in hand 124,839 124,839 83,153
161,611 161,611 124,232
CREDITORS: amounts falling due
within one year
Creditors
(note 15)		 11,056 11,056 17,384
NET CURRENT ASSETS 150,555 150,555 106,848
TOTAL ASSETSLESSCURRENT LIABILITIES 165,941 3,598 169,539 123,247
FUNDS OFTHE CHARITY
Unrestricted
funds
(note		 8)
General Funds 165,941 118,080
Restricted funds (note 8) 3,598 3,598 5,167
165,941 3,598 169,539 123,247
2023 2022
CASH PLOWS FROM OPERATING ACTIVITIES
Net movement
in		 funds (as pet the statement offinancial activities) 46,292 (42,985)
Adjustments
for:
Depreciation
charges		 5,504 5,993
Loss/(Profit)
on sale offixed assets		 (2553)
(increase)/decrease in stock (2,148) 468
(Increase)/decresse in debtors 15,047 627
Increase /(decresse) in creditors (7,206) 1,086
Net cash used in operating
activities		 54,936 (34,811)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds &om sale ofplant and equipment 5,333
Purchases ofplant and equipment (10,869) (2,944)
Net cash used in investing
activities		 (5,536) (2,944)
Increase /(decrease) in cash in the pear 49,400 (37,755)
Cash balance at 1April 2022 88,204 125,959
Cash balance at31March 2023 137,604 88,204

4. OTHER INCOME 2023 2022
Coronavirus
Job Retention Scheme		 18313
Coronavirus
Retail Support Grants		 19,334
Profit on disposal ofplant &machinery 2,553
2,553 37,547
NET INCOME/(EXPENDITURE) 2023 2022
Net income/(expenditure) is stated after charging-
Depreciation oftangible Sxed assets
- owned assets 5,504 5,993
Loss/(Profit) on disposal ofplant 8t machinery (2,553)
Rent (operating lease) 17,818 42,965
Independent
Examiners'		 remuneration
- charity 1,625 1,425
—group 2,035 1,765

Stsdy costs: Stsdy costs:
No remuneration was paid to the Trustees and no expenses were re-imbursed to them in either the year to 31
March 2023or 2022.The stafE costs were:-
2023 2022
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Salaries and wages 224,475 224,475 173,991
Social security costs 12,180 12,180 8,545
Pension costs 5,432 5,432 3,687
242,087 242,087 186,223
FRP employed the following EuBtime equivalent staff during the year
No. No.
Administration and management 1 1
Volunteer
support		 and workshops 1 1
Shops and distribution 85 7
10.5 9

RAISING FUNDS
2023 2022
Unrestricted Restricted Total Total
Punds Funds Funds Funds
Funrirnisr'ng
expenses:
Salaries 730
Trading arpensest
Putchases for resale
Accountancy
Bank charges		 58,872
410
94		 58,872
410
94		 30,084
340
93
59,376 59,376 31,247
CHARITABLE ACTIVITIES
Disposal ofwaste 485 485 418
Salaries
Volunteers'
expenses
Training &travel
Sundry staff costs
Rent
Rates &water
Premises
insurance
Light, heat &power
Premises, maintenance
&cleaning
Depreciation
Van running
costs
Riser-rechner
hire expenditure		 242,087
10,676
2,398
2,293
17,818
3,185
4,809
24,856
4,335
3,935
15,462
830		 1,569 242,087
10,676
2,398
2,293
17,818
3,185
4,809
24,856
4,335
5,504
15,462
830		 185,493
7,925
793
1,378
42,965
7,901
2,131
18,473
11,905
5,993
11,912
332
Workshop &ofhce 11,122 11,122 674
S~pn~rt Co
Printing, postage &stationery
Telephone
Legal, accounting &other professional
General insurance
Bank charges		 fees 2,684
5,979
6,378
6,345
617		 2,684
5,979
6,378
6,345
617		 1,711
3,281
7,642
6,037
593
Subscriptions
Accountancy —Independent		 examination 1,470
1,625		 1,470
1,625		 1,166
1,425
369,389 1,569 370,958 320,148

Bmught Transfers & Carried
forwatd Income Expenditme Capital costs forward
Umestricted funds:
General Fund 118,080 476,626 428,765 165,941
118,080 476,626 428,765 165,941
Brought Carried
forward Income Expenditure Transfers forward
Ressricted funds by Department:
Operations 4,917 1,469 3,448
Electrical 250 100 100
5,167 1,569 3,548

9.
COMPARATIVES FORTHE STATEMENT		 OF FINANCIAL ACTIVITIES OF FINANCIAL ACTIVITIES OF FINANCIAL ACTIVITIES
Umestticted Restricted Total Total
Funds Funds Funds Funds
INCOME
Income from charitable
activities (note 2)		 219,724 219,724 106,364
Other activities
Donations
snd legacies (note 3)
Other trading activities (note 3)
Income from investments
Other income (note 4)		 12,442
38,686
11
37,547		 12,442
38,686
11
37,547		 4,483
22,307
28
249.675
88,686 88,686 276,493
Total Income 308,410 308,410 382,857
EXPENDITURE
Raising funds (note 6)
Charitable
activities (note 7)		 31,247
315,841		 4,307 31,247
320,148		 17,457
291,800
Total Expenditure 347,088 4,307 351,395 309,257
Net Income/(Expenditure) (38,678) (4,307) (42,985) 73,600
Balances transfened
between funds
Funds brought
forward at1Apdl 2021		 156,758 9,474 166,232 92,632
Funds catded forward at31March 2022 118,080 5,167 123,247 166,232

10. TANGIBLE FIXEDASSETS —PARENT COMPANY AND GROUP TANGIBLE FIXEDASSETS —PARENT COMPANY AND GROUP
Plant and Motor
Equipment Vehicles Total
Cost
As at 1April 2022 110,587 76,962 187,549
Additions
in year		 3,669 7,200 10,869
Disposals in year (53,296) (53,296)
Balance at 31March 2023 114,256 30,866 145,122
Depreciation
As at 1April 2022 99,920 71,232 171,152
Charge for year 4,064 1,440 5,504
Eliminated
on disposals		 (50,516) (50,516)
Balance at 31March 2023 103,984 22,156 126,140
Net BookValue
At 31March 2023 10,272 8,710 18,982
At 31Match 2022 10,667 5,730 16,397
11. FIXEDASSETINVESTMENTS
Investment
in subsidiary		 Shares Total
At 1Apri 2022 and 31March 2023 2 2
2022
12. DEBTORS-GROUP
Trade debtors 7,904 8,171
Other debtors
ds prepayments		 10,331 19,131
VAT recoverable 578 6,558
18,813 33,860
13. DEBTORS —PARENT COMPANY
Trade debtors
Other debtors Btprepayments
VAT recoverable		 6,922
27,629
2,221		 6,492
28,373
6,214
36,772 41,079
14. CREDITORS - GROUP
Trade creditors
Accruals and deferred income
Othet creditors
Tax and social secudty		 5,732
3,609
1,083
5,049		 16,239
2,905
802
2,733
15,473 22,679
15. CREDITORS —PARENT COMPANY
Trade creditors
Accruals and deferred income
Other creditors
Tax and social security		 1,690
3,234
1,083
5,049		 11,260
2,590
802
2732
11,056 17,384
16. OTHER FINANCIAL COMMITMENTS
Land and buildings
Within
Within		 one
two		 year
to five yeats		 10,012
30,012		 20,012
40,024