2023-03-31-accounts - Leeds And Moortown Furniture Store CIO

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Chadty information			1
Trustees' Annual Report			1
Statement ofdirectors'	responsibilities		10
Independent Examiner's		Report	12
Funds Ststemenlsr-
Ststsment ofFinancial	Activities		14
Statement ofFinandal	Activities - Prior Year statement		15
Movements in funds			16
Revenue Funds			16
Fixed Asset funds			16
Income and Expenditure		account	17
Summary offunds			17
Balance sheet			18
Notes to the accounts			19

The Trustees	in onise on ths date the report was	in onise on ths date the report was	approved wars:-
J.Sherboume	(Chair ofTrustees)
G Device
SWylde
G. Howitt
All the trustees are also members		ofthe chadty.
' Please note G Howitt resigned		at Christmas	2022.

year ended 31hfsr	ch 202	3,ss re	tfuired by the	Companies Act 2	006)
		acnF	Cuuesl FIuu'	Cslrset veer	Cuneel veer	Frier Year
			Unrestricted	aestrlcted	Total Funda	Total Funds
			Funds	Funds
			SSSS	2023		2022
			4	E		6
Income &Endowments	from:
Dons5ans &Legades		AI	15,464	115,980	131,444	143,671
Charitable activities		A2	62,843		62,043	67,963
Other tmding activilies		A3
Investments		A4	1,378		1,370	39
Tatal income		A	70,685	115,9aa	105,065	211,673
Expenditure on:
Charitable activities		B2	119,037	115,980	235,017	232,648
Total expenditure		B	110,037	115,900	235,017	232,640
Net Income forths year			(30,352)		(S9,352)	(20.975)
Transfers between funds		C	7,187	(7,187)
Net income after transfers		A43%	(32,165)	(7,107)	(30,362)	(20,075)
Net movement In funds			(32,165)	(7,107)	(30,$52)	(20,975)
Reconcglstlon offunds:-		E
Total funds brought	fonusrd		97,963	254,653	352,616	373,591
Total funds carried fommrd			65,798	247,466	313,204	352,010

required by paragra	ph th	2 ofth	e SORP
		SCRP	Prier Yser	Prier Year	Prior Year
			Unrestricted	Restricted	Torsi Funds
			Funds	Funds
			2022	2022	2022
Income 6Endowments	from:			8	8
Dona$cns 8 Legacies Charitable activities		A1 A2	27,691 67,963	115,960	143,671 $7dt63
investments		A4	39		39
Total tncome			05,693	115.980	211,673
Expenditure on:
Raising funds		81
Charitable ecilvlties		82	116,668	115,980	232,648
Total expenditure			11$,668	115,980	232,648
Net gains on investments
Net income forthe year			(20,075)		(20,975)
Transfms between funds			2,450	(2,450)
Net Income after transfers			(18,525)	(2,450)	(20,975)
Net movement in funds			(18,525)	(2450)	(20,975)
Reeonclgatlon offunds:-		E
Total funds brought forward			116,468	257,103	373,591
Total funds serried forward			97,963	254,653	352,816

Leeds and Moortown Furniture Store year ended 31March 2023	Leeds and Moortown Furniture Store year ended 31March 2023	Limited - Statement ofFinan	cial Activities forthe	cial Activities forthe
Leeds and Mookown Furniture Store		Limited - Resources applied	in the year ended 31
March 2023lowards fixed assets for Charity use:-
			2623	2822
			2	6
Funds generated in the year as	detailed in ths SOFA		(39,352)	(20,975)
Resources applied on fundional	fixed assets
Other applications offunda
Net resources available to	fund charitable	activities

				Unrestricted	nestrlstsd	Total	Last year
				Filnds	Funds	Fund»	Tolsl Funds
				xius	2020	2023	2022
				4	2
Accumulated	funds brought		fonvsrd	97,963		97,963	116,488
Recognised gains snd		losses before		(39,352)		(39,352)	(20,975)
transfers
				58,611		58,611	95,513
(FromyTo unrestricted		revenue funds		7,157		7,187	2,450
Closing revenue funds				65,798		85,798	97,963
Fixed asset	funds			tnelilnatsd	nsselcisd	Total	lmt year
				Funds	Funds	Funds	TolslFunds
				2023	2020	2020	2022
				4	E	0
At 1 April					254,653	254,653	257,103
Transfer (to)/from revenue			funds		(7,187)	(7,187)	(2,450)
At 31Slsroh					247r466	247,485	254,563

Summary of funds			Uaraarriarad	Raarriaiau	Total	last Year
			aaIj naalenaiad funds	Funds	Fullsa	Total Funds
			ae2$ 5	202$		2022
Revenue accumulated Fixed asset funds	funds		85,79e	247,466	05,7ae 247,466	97,963 254,653
Totslfunda			55,790		$1$,264
Ths notes attached	on pages	19to36form an integral		part ofthese	accounts.

					202$	2022
income					6	8
income from cpereiicna					194,287	211,634
Investment income
Interest receivable
					1,378	39
Gmes income In the year before	exceptional		Items		105,665	211,673
Gross income in the yaer including		exceptional		items	195,665	211,673
Expendltum
Cheriiebls expendliure, excluding Daprscisaon end amcrtiaeticn Governance coals	depreciation		and	amortlaebcn	224,880 T,fer 2,950	227,298 2,450 2,900
Total expenditure in the year					235,01'r
Net Income before tax in Ihe financial year					(39.$52)	(20,075)
Taxon surplus on ordinary aciivitisa
Net Income atter tax In the snsncial		year			(39452)	(20,975)
Retained surplus for the financial		year
All activities derive from continuing		operations

			SORP	SORP
		Note	Ref			2023	2022
						6	6
Fixed assets				A
Tangible assets		11		A2		247,466	254,653
investments held as fixed assets		12		A4		2	2
Total fixed assets						247,468	254,655
Currant assets				B
Debtors		14		B2	26,253	20,640
Cash st bank snd in	hand			B4	67,549	98,034
Total current assets					93,802	118,674
Creditors: amounts	falling due within
one year		15		C1	(28,006)	(20,713)
Net current assets							97,961
The total net assets	ofths charity					313,264	352,616
The total net assets	ofthe charity are	funded		by the	funds ofthe	charity, asfollows:-
Restricted funds
Restricted Revenue	Funds	20		D2
Restricted Fixed Asset Funds		20		D2		247,466	254,653
Unrestricted Funds
Unrestricted Revenue Funds		20		D3		65,798	97,963
Totalcharityfunds						313464	352,616

5	Net surplus	before tax in the financial year
				2023	2022
				5	5
	Ths nat surplus before tax in the financia year is stated after charging:-
	Depreclaiion	ofowned fixsd assets		T,ief	2,450
	Pension casts			2,210	2,465
5	Donated goods, services snd facltities
	Cunsnt year	Current year	Current year	Cunsnt year	Prior Teer
		unrestricted	Restricted	Totslyunds	Total Funds
		Funds	Futttls
		2033	2023		ae32
			3
	Included In Legacies snd Dcnsfionsu
	Donated goods and services		36,000	35,000	36,000
			36,000		36.000

Prior Year	Prior Year	Prior Year	Prior Year
	unmstncled	Restricted	Total Funds
	Funds	Funds
	2922	2922	2922
Included in Legacies end Oonstionso
Donated goods and services		30,000	36,000
		36,000	36,000

The Charily currently hss a governing board ofthree Trustees ag ofwhom are volunteers. It utiiises the services of small number of regular volunteers who csny out collection and delivery offurniture and general warehouse duties.	The Charily currently hss a governing board ofthree Trustees ag ofwhom are volunteers. It utiiises the services of small number of regular volunteers who csny out collection and delivery offurniture and general warehouse duties.	The Charily currently hss a governing board ofthree Trustees ag ofwhom are volunteers. It utiiises the services of small number of regular volunteers who csny out collection and delivery offurniture and general warehouse duties.	The Charily currently hss a governing board ofthree Trustees ag ofwhom are volunteers. It utiiises the services of small number of regular volunteers who csny out collection and delivery offurniture and general warehouse duties.	a
Staffcosts and emoluments
aslsry costs Gross Salaries excluding trustees and key management personnel Employer's National Insurance for all statf Employer's operating costs ofdefined		2023f 127,008 5,709	2022 8 137,262 6,552
contribution pension schemes		2,210		2,465
Total salaries, wages and related costs		434,987	146,279
Numbers offull time employees or full time equivalents		2023		2022
The average number oftotal staff empioyed in Ihs year was
The average number of part time staff employed In the year was Ths average number offull time stall employed in the year wss Ths estimated full time equivalent number ofall staff employed in the year wss
The estimated equivalent number offull time staff deployed in different activities	in	the year wash
Engaged on charitable activiYies
Engaged on management end administration
The estimated full dme equhnrlenl number ofailstaff employed as above
Neither the trustees nor any pemcns connected with them have received any remuneration related entity, either in the current or prior year.		from ths charity	orany

Ths Pension	scheme hss been set	up under the Autoenrolmsnt	provisions
employees,	and contrlbuaons ere paid on quelNed earnings.
Employee contrlbu5ons am dus of		314from April 2019and thereafter.
Any liabllltes	and assets associated	with the scheme are shown	under debtors and creditors.

Cunent Year	Land and Buildings	Plant 0 Machinery	Total
Cost
At 1April 2022	359,333	105.138	484I471
At 31 March 2023	359,333	105,138	464,471
Depreciation
At 1 April 2022	104,680	105,138	209,8'l8
Charge for the year	7,187		7,187
At 31 March 2023	111,867	105,138	217,005
Nst book value
At 31Mamh 2023			247r466
At $1 Mmch 2022	254,65$		254,653

				Investment	In	Total
				oubolduuy
Carrying values ofinvestments
At I Anni 2022
At 31March 2023					2		2
Analysis between fair value and historical		cost
Investments ss above held st fair value
Analysis of Investment	in subsidiary
			Included at
			historical coot, Iooo	Included at rulr value		Total
			wrac down
summary ofother classes ofinvestments		st 31starch 2023
Cash or cash equivalents

A summary of the unaudited tlnanclal statements ofthe subsidiary Is:.	A summary of the unaudited tlnanclal statements ofthe subsidiary Is:.	A summary of the unaudited tlnanclal statements ofthe subsidiary Is:.
			2023	2022
			f
Assets sod Funds
Aggregate amount Aggregate amounts	ofassets of liabilities		49,326	60,411 ~n
Aggregate amount	offunds		18,023	17,222
ProN and Lose
Turnover net ofVAT			155,402	179,082
Expenses net ofVAT			(155,905)	(176,144)
income from investments			1,492
Het pmflt for the	year before fsx			2,938
Gift Aid Payments	made to holding	company		(2,938)
Het proN for the	year atter cur and Offt Ald		889

The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s	The net profit ofthe subsidiary is stated after Including intergroup company income off nil (2022-rnil) and intergroup company expenditure off50,000(2022-f54,000)which represents management charges received by this charity on s
cost recover basis.
Funds retained within charitable
subsidiaries
						2023	2022
						f	f
The funds retained within the trading	subsidiary	and included	within	ths restricted	funds	in
the notes tothese accounts are:-						18,023	17,222

14	Oebtors
									2023	2022
									6	K
	Tmde debtors								4	891
	Amounts owed by group		undertakings		and undertakings		in which	the charity has s
	partidpsting interest								22,858	16,358
	Prepayrsents and accrued income								3,391	3,391
										20,640
15	Creditors: amounts		falling due		within one	year			2023	2022
									6	6
	Trade creditors								4,239	1,393
	Accruals								21,380	18,855
	Amounts owed to group		undertakings		and undertakings		in which	the charity has a
	participating interest
	Other creditors									459
									28,006	20,713
16	Pension commitments
									2023	2022
									8
	Pensen commitments	under		defined	benefit/defined	contribution		schemes
	within one year								2,210	2,905
	within two tofive years								2,210	2,905
	in over five years								2,210	2,905
									6,630	8,715
17	Income and Expenditure			account summary					2023	2022
									6
	At 1April 2022								352,616	373,591
	Surplus after tax for the		year						(39,352)	(20,975)
	At 31March 2023								313,264	352,616
16	No related party transactions

At 31March 2023				unrestnctsd	osslgnstsd	osslgnstsd	osslgnstsd				Total
				funds		funds			fullds		Funds
						E				8	E
Tangible Fixed Assets									247vt66		247vt66
Investments st valuagonh
Fixed assai investments				2							2
Cummt Assets				93,802							93,802
Current Liabilees				(28,006)							(28,006)
				65,708					247 6		313,264
At 1April 2022				Vnrestrlrxsd	bsslgnstsd			nestrlctsd			Total
				funds		funds			funds		Fends
				E		E				E	8
Tangible Fixed Assets									254,653		254,653
Investments at valuation:-
Fixed asset investments				2							2
Current Assets				118,674							118,674
Current LiabigTiss				(20,713)							(20,713)
				97,963					254,653		352,616
Change In total funds over		the year as shown		in Note 19,analysed		by	Individual		funds
				Funds brought	Movement			in	Trsnsfem		Funds csrrtsd
				forward from	funds In 2023				Ixewosn		rslrmrd to
				2022				funds		In 2023	2024
					See Note 21			SeeHots 0
				E		E				E
Unrostrkted end designated		fsrndru
Unrestrixded Revenue Funds				07,983		(39,352)				7,187	65,708
Designated Fixed Asset Funds
Total unrestricted	and designated		funds	97,083			39,352			7,18T	65,798
Restricted funds:-
Restdcted Fixed Asset Funds				254,853						(7,187)	247r466
Total restricted funds											rl,4I
ToteIcharity funds				rh,~ 6	~(						313,264

							Other
					income	axnendiiure	Gains 6	Movement
							Losses	In funds
					2023	2023	2023
					5	5	6
Vnresufcted	and	designated		funds:-
Unrestricted	Revenue		Funds		79,685	(119,037)		(39,352)
Restricted fundsi-
Services Donated		by	Leeds City Council		36,000	(36,000)
Salaries Funds					79,980	(79,980)
					195,665	(235,017)

Donations, G	r	an	ts and	Legacie	s
						Current year	Cunent year	Current year	Prior Year
						Unreetricted	Restricted	Total Funds	Total Funds
						Funas	Funds
							2023	2023	2022
							f	f	f
Donations and	gifts from			individuals
Small donations	individually			less than	f1000	1,502		1,502	2,174
Refunds from HMRC on giff sided dcnsions
Furniture Donations						4,300		4,300	6,392
Total donations individuals		and gilts		from		5,802		5,002	8,565
A0 the donations		and giffs		in the prior	year were unrestricted.
						Cuueut year	Cunent year	Current year	prior	Year
						Unreetrlcteri	Restricted	Total Funds	Total Funds
						Funds	Funds
						2023	2023	2023	2e22
						E	E	E	f
Revenue grants		from government			and
public bodies
Leeds City Council			Waste	Recycling	Credits	7,421		7,421		9,495
Government	Ccvid Job			Retention	Grant
Leeds City Council			Housing and Social Services				79,960	70,980	79,980
Total public sector revenue grants						TWt	79,960	87,401	89/75
Revenue grants		from government			snd pubOc	bodies - Prior Year analysis
						Prior Year	Prior Year	Prior Year
						Uurveuicteri Funds	Reslricu!d Funds	TctelFunde
						Ee22	2022	2022
						f	f
Prior Year						9,495	79,980	09,475
All the donations			snd giffs In the prior year were			unrestricted.
						Cunent year	Current year	Cunvnt year	Pricr Year
						Unmetricted	Restricted	TolslFunds	Total	Funds
						Funds	Funds
							2023	2023	2022
							f	E		E
Donated goods			and services
Leeds City Council Van Hire							36,000	30,000		36,000
Total donated		goods and services					30,000	30,000		30,000

Prior Yesr	Prior Year	Prior Year
Unrostrictsa Funds	Restricted Funds	TolslFUnds
2022		2022
	36,000	36,000

		Cunonl year	Current your	Current your	Prior Yosr
		Unrestricted	Rcctrictca	Total Funds	Torsi Funds
		Funds	Funds
		202$	202$	202$	2022
		0
Gift Aid from Subsldsry
Gift Aid from Subsidsry		2,241		2,241	9,630
Total Gift Aid from Subsidary		2,241		2,241	9,630
Ai the donations snd gifts in the prior year were unrsslricied.
Totai Donations,	Grants and Legacies
Total Donations, Legacies	Grants and	15,464	115,900	131,444	143,671
Prior year		Unrestricted Funds	Rostricfou Funds	Prior Year Total Funds
		2022	2022	2022
		0	0	0
Total Donations, Legacies	Grants and	27,601	'l15,980	143,671

Income from charitable activities	Income from charitable activities	Income from charitable activities	Activities
Cunnnf year			Current year	Current year	Current year	Prior Yssr
			Unrestricted	Rsstrtctsd	TotslFunds	Torsi funds
			Fiinds	Funds
			2023	2023	2023	2022
Prtimary purpose	and ancillary	trading
Sale ofgoods and seniices in accordance with the charity's objects			7,620		7,620	8,219
Ancillary trading objects	in support ofchanlable		499			1.853
Solar Generation			4,724		4,724	3,891
Management fees and charges		received	50,000		50,000	54,000
Total Primary purpose and ancillary trading			62,843		62,843	67,963
A6 the income in	the prior year	wesunrestrtcted.

					Current year	Current year	Current year	Prtor Year
Currenr year					Unrestricted Funds	Restricted Funds	TstsiFuuds	Total Funds
					2023	2023	2023	2022
							8
Total income	from charitable		trading		02.843		622M3	07.963
Total fmm charitable		acgvities		A2	62,843		62,843	67,983
All the income	in the prior year was			unrestricted.

					Current year	Current year	Current year	Prior Year
					Unmstrlctsu	Restricted	Total Funds	Total Funds
					Funds	Furids
					2023	2023	2023	2022
						2	4	4
Bank	Internet	Receivable			1,378		1,378	39
Total	lnvestmsnt		Income	A4	1,378		1,378	39

28	Expenditure on chaditable	Expenditure on chaditable	activities - Direct spending	activities - Direct spending	activities - Direct spending
					Current year	Cuuoni year	Current year	Prior Year
					Unrocirkto4	Rcotrictcu	Total Funds	Total Funda
	Conent Year				Funds	Funds
					2023	2323	2023	2022
					6	6	6
	Gross wages and salsrles- charitable activities				47,088	79,980	127,068	137,262
	Employers' Nl - Charitable		activities		5,709		S,T09	6,552
	Defined contribution chsritable activities	pension costs-			2,210		2,210	2,465
	Gifts in kind, donated	services and
	facilities (contra with	Income from		the		36,000	36,000	36,000
	same sources)
	Total direct spending			82a	55,007	115,980	170,987	182,279
					Prior Your	Prior Your	Poorvocr
					Unrociricicd	Rccuktcd	Total Funds
	Pnor Year				Funds	Funds
					2022 8	2032f	2022 3
	Gross wages and salaries- charitable activities				57,282	79,980	137,262
	Employers' Nl - Charitable		activities		6,552		6,552
	Defined contribution charitable activities	pension costs-			2,465		2/65
	Gifts in kind, donated	services and
	facilities (contrs with	income fiom		the		36,000	36,000
	same sources)
	Total direct spending			82a	65,299	115,980	182,279
2$	Expenditure on charitable activities - Charitable				trading
					Cunoot year	Current year	Current year
					Uorcciricicd	Rcctriciod	ToiciFundc	TotaiFuodc
	Current Year				Funds	Funds
					2023	2023	2033	2023
	Cost for primary purpose trading- Vehlcls costs						6,929	10,199
	Total charitable trading costs			82b	6,020		6,929	10,190
	All the prior year expenditure		wac unrestricted

Support costs for charitable	Support costs for charitable	activities
		uerestrlsted		Restrreted	Totsl Funds	Tslsrsesds
Cunant Year			Funds	Funds
			202$	2m3	202$	2022
			R	R	R	R
Employee costs not included		in direct costs
Training and welfare - staff			867		007	1,395
Travel and subsistence -staff
Protective clothing costs			115		118
Volunteer costs
Training and welfam - volunteers			8,218		8Ats	7,330
Premises Expenses
Rates and water charges			4,222		4,222	4,149
Light hest and power			2,399		2,$99	1,154
Cleaning snd waste management			1,327		1,327	2,324
Premises repairs. renewals maintenance	snd		10,966		10,960	176
Alarm and security coals			1,454		1,454	2,328
Properly and Commercial insurance			6,148		8,148	5,90$
Site charges			110		110	2,869
Administrative overheads
Telephone. fax and internet			469		469	926
Postage, Stationery and Printing			539		539	648
Membership subscriptlons			380		380	300
Equipment expenses
Software licences and expenses			3,157		$,157	2,653
Advertising and marketing
Sundry expenses			23		23	971
Professional fees paid to	ths Auditor orindependent		Examiner	in addition	to audit and
examination fees
As detailed in Note 31			836
Professional fees paid to	advisors other than the auditor orexaminer
Accountancy fees other than examina0on or audit fees						725
Legalfees
Other legal and professional			4,298		4,290	35
HR consultancy
Financial costs
Bank charges			183		183	178
Depreciation &Amoitisaticn		in toial	7,187		7,187	2,450
Support costs before reallocation			54,151		54,151	37,270
Total support costs - Current Year			54,151		54,151	37,270

			Current year	Currant year	Current year	Prier Year
			Uurustrlctsd	Rsutdctud	Total Funds	Total Funds
Current	Year		Funds	Funds
			3023	3033	3033	3032
			0	0	0	0
Independent Examiners fees			2,000		2,000	1,075
Trustees'	indemnity	Insurance	950		950	925
Tots IGovernance costs			2,950		2,950	2,900

examinahon fe	es
			Cuusnt yusr	Current year	Current year	Prior Year
			Unrestricted	Rusulutua	TctslFundh	Tutsl Funds
			Funds	Funds
			3033	3023		3032
			0			0
Payroll lees			836		836	564
Total additional fees included support costs at Note 30		In	836		836	564
All the expenditure	in the prior	year was unrestricted.

Totai Charitable	expenditure
			Current year	Current year	Current yerr	Prior Year
			Unrestricted	Restricted	Yclalvunds	Tarsi Funds
Current Year			Funds	Funds
			2033 0	3023 0	2033	3023f
Total direct spending		B2a	55,007	115,980	170,087	182,279
Total charitable	trading costs	B2b	0,929		8429	10,109
Total support costs		B2d	54,151		54,151	37,270
Total Governance costs		B2e	2,950		2,950	2,900
Total chadtabls	expenditure	B2	119.037	115,980	235,017	232,648

Total	Charitable	expenditure	(continued)
				Prior Year	Prior Year	Prior Year
				Unrestricted	Rsshioted	YotaiFunde
Prior	Year			Funds	Funds
				2522		2025
Total	direct spending		82s	66,299	115,980	152,275
Total	charitable	trading costs	82b	10,199		10,100
Total	support costs		82d	37.270		42,645
Total	Governance costs		82e	2,900		2,900
Total	charitable	expenditure	82	116,008	115,980	232,648