ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP UNAUDITED ANNUAL REPORT 31 AUGUST 2024 (CHARITY NUMBER: 1063795) ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP ANNUAL REPORT 31 AUGUST 2024 Contents Page Trustees, Report Independent Examlners Report Income and Expendlture Account Statement of Assets and Liabllltles ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Ichthus People Assoclalion Charity Shop. 31 Rumbridge Slreet. Tollon, Southampion. S040 9DQ. was registered with the Charity Commissloners {No. 1063795) on 5 February 1997 and is con5tltuted by Deed or Trust daled 4 June 1997.11 Is an unincorw)rated charily and the aCcL￿nIS have been prepaied on a receipis and payments basi5. The charliy Is admlnlslered by a management commlllee. comprlsing the followlng truslÈes'. Mlss Llnda Jean Helen Blacker Mr Anthony Hodder Mr Andrew John Prlce Mrs Ann Lesley Hodder The power to appolnl addlllonal Irustee51s vested in the current Iru51ees and Is exerclsable in wrltlng. Should new Iruslees t￿ appolnled, the ex5sting Irustees would lake responslbllliy for Ihelr Induclion. Acllvitles and objectlves The objectlves of the charlty are- To relleve poverty, slckness and dlstress, In parllcular of the young, elderly and vulnerable. To advance Ihe Chrisllan falth in the UK, Europe and acr05S the world. Ichthus charlly shop conllnues to serve the local area by provldlng very affordable goods. Allhough clolhes maybe the maln Item, therebs a varlely of other things avallable. The Iwo paid staff, together wlth a great team of volunteers, make Ichlhus a valuable asset to the communlly. The charlly also provldes lundlng for olher organlsatlons, locally and abroad, allhough as the flgures below show, Ihls Is less than In the past. Thls yeai, Ihe donations were £14,575 compared wlth £21,575 In the prevlous year. The donallons were as follows... Salem Orphanage Mlnlslry The Crosslngs Orop In Centre Clly Llfe Counselllng Together Street Pastors 12.325 500 500 250 1.000 The flnances are Increaslngly squeezed. malnly due lo Increased wage costs reflectlng the r151ng minimum wage Increase. So allhough the Income for the year is slmilar lo the prevlous one. there is less lo glve away. Sadly, Ih15 has meant that we have not been able to supwrl some of the projects whlch we usually helped. Reserves Charllable donallons and work are expensed al the decision and apw)val of the trustees from the cash reserves held In the bank accounl. The charity's policy Is to hold reserves sufflclenl lo cover 3 months of tradlng. ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Publlc beneflt The charity has referred to the guidance contained in the Charlty Commisslon's general guldance on publlc benefit when revlewlng its alms and objectives and In planning fulure activlties. in parlicular, the trustee5 consider how planned activlties will contribute to the aims and objecllves that they have set. For and on behalf ol the Board of Trustees Mr Anthony Hodder Trustee Date ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP I report to the trustees on my examinatlon of the accounts of ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP for the year ended 31 August 2024, which are set out on pages 4 10 5. Responslbilltles and basls of report As the charlty's trustees of the Trust you are responsible for the preparatlon of the accounls In accordance wlth the requirements of the Charitles Aci 2011 ('the Act,). I report In respect of my exam5natSon of the Trustee's accounts carried out under sectlon 145 of the 2011 Acl and In carrylng oul my examination I have followed all the applicable Directlons given by the Charity Commlsslon under sectlon 145(5)(b) of the 2011 Act. An Independent examlnation does not Involve gatherlng all the evldence that would be requlred In an audlt and consequently does nol cover all the matters thai an audilor conslders In givlng thelr Oplnion on the accounts, The planning and corijuct of an audlt goes beyond the Ilmlted assurance that an ndependent examlnation can provlde. Consequently, l express no opinion as io whether the accounts present a 'true and fair vlew. and my report Is Ilmlted to Ihose specific mallers Set oul In the Independent examlner's statement. Independent eXamI￿r s statement have completed my examlnatlon. I conflrm that no materlal matlers have come to my attenlion In connection with the examinallon glving me cause lo belleve that in any material respect: (1) accountlng records were not kept In respect of the Trusl as requlred by sectlon 130 of the Act.. or (2} the accounts do not accord wlth Ihose records. (3) the accounts do not comply with the appllcable requlrements concernlng the form and content of accounts set out In the Charities (Accounls and Reports) Regulallons 2008 other than any requlrement that the accounts glve a true and falr view which Is not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come across no other matler5 In connection wlth the examlnatlon to whlch altentlon should be drawn In thls report in order to enable a proper understanding of the account510 be reached. Gary Brown FCCA 1 Teal Close Totton Hampshire S040 8TG Date Zois ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP INCOME AND EXPENDITURE ACCOUNT (GENERAL PURPOSE FUND) FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Income Shop Takings and Donations Inlerest Received Grants Received 43,452 41,787 Toial Recelpis 43,452 41,787 Expendlture Rent Rates Repairs Subscriplions Tralnlng Llghl & Heal Salaries Donations Insurance Depreciation Card charges Sundry expenses 5,520 927 771 72 42 1,262 20.244 14,575 499 33 149 80 5,520 872 634 72 1,125 18,320 21,575 497 90 Total Paymenls 44,172 48,705 Surplus l (Deflcll) {721) (6,919) Funds brought fO￿ard Surplus l (Deficill in year 13,064 (721) 19,982 (6,919) Funds carried forward 12,343 13,064 ICHTHUS PEOPLES ASSOCIATION CHARITY SHOP STATEMENT OF ASSETS ANO LIABILITIES AS AT 31 AUGUST 2024 2024 2023 Unrestrlcted fund Unresirlcted fund FIXED ASSETS Equipmenl 134 CURRENT ASSETS Cash al bank Cash in hand Debtors 9,906 1,782 731 12,419 10,979 1,787 460 13,226 CREDITORS Amounts falllng due wllhln one year 209 162 NET CURRENT ASSETS 12.209 13,064 TOTAL ASSETS LESS CURRENT LIABILITIES 12,343 13,064 NET ASSETS 12,343 13,064 FUNDS Unreslrlcted funds 12,343 13,064 Total FUNDS 12,343 13,064 The flnancial statements were approved by the Board of Trustees and authorlsed for Issue on and were slgned on Its behalf by.. Mr Anthony Hodder Trustee