WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
A COMPANY LIMITED BY GUARANTEE
DIRECTORS REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2021
COMPANY NUMBER: 3748418 (England & Wales)
CHARITY NUMBER: 1077193
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
‘
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COMPANY INFORMATION
| Directors &Trustees: | Naomi Claire Owen | Chair | Appointed | |
|---|---|---|---|---|
| Mr Clive Colman | Treasurer | Appointed | 23/07/2015 | |
| Mr Clive Colman | Trustee | Appointed | 29/09/2014 | |
| Mrs Claire Cosgrove | Trustee | Appointed | ||
| Mrs Susan Brown | Trustee | Appointed | ||
| MrJohn Martin Boldon | Trustee | Retired | 28/01/2021 | |
| Mrs Kate George | Trustee | Appointed | ||
| Mrs Margaret Hiscocks | Trustee | Appointed | 19/05/2014 | |
| MrSteve Munden | Trustee | Appointed | 27/06/2019 | |
| Company Secretary: | Glynis Cosgrave | |||
| Company Number: | 3748418 | |||
| Charity Number: | 1077193 | |||
| VAT Registration No. | 176 5712 83 | |||
| Registered Office: | Unit 5, Griffin Farm | |||
| Bowden Hill | ||||
| Lacock | ||||
| Wiltshire | ||||
| SN15 2PP | ||||
| CharityAddress: | Unit 5, Griffin Farm | |||
| Bowden Hill | ||||
| Lacock | ||||
| Wiltshire | ||||
| SN15 2PP | ||||
| Bankers: | CAF Bank | |||
| 25 Kings Hill Avenue | ||||
| Kings Hill | ||||
| West Malling | ||||
| Kent ME19 4TA | ||||
| Independent Examiner: | Mander Duffill | |||
| The Old Post Office | ||||
| 41-43 Market Place | ||||
| Chippenham | ||||
| SN153HR |
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
REPORT OF THE DIRECTORS/TRUSTEES
FOR THE YEAR ENDED 31st MARCH 2021
The Directors (who are also the trustees) present their report and financial statements for the year ended 31st March 2021.
Principal Activity and Public Benefit
The Charity's object and its principal activity is to support the development of creative play and recreation opportunities for children and young people with specific work also being done in areas of disadvantage. The Charity promotes this object for the benefit of the public by:
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@ encouraging and supporting the re-use of resources that would otherwise go straight to landfill by the provision of a Scrapstore. In providing more affordable resources for those working with children and young people including families, it will increase and improve opportunities for learning through creative play. During the year the charity collected re-usable materials through donations from local businesses and through exchanges with other Scrapstores. These materials include paper, card, wallpaper, foam, felt, fabrics, bubble wrap, ribbons, wool, containers and various off-cuts to be used in imaginative ways;
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@ Funded work involving working with Volunteers with learning difficulties/ disabilities. Offering supported volunteer work placements. Such agreements have "restricted" funding - grants or donations which have to be used in a specific way or for a specific purpose. Building Bridges funded by The European Social Fund and the Big Lottery is a specific project funded for three years from September 2016. In many cases with our funders having met and exceeded the requirements placed on the charity through these Agreements, it has built a successful history with funders who have continued, and in some cases increased, the work they have entered a contract with us to fulfill. This reflects the confidence funders have in the charity's ability to meet the obligations placed on it when entering into such agreements;
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e PlayPods run in partnership with Childrens Scrapstore in Bristol. Providing accredited training to MDSA's in primary schools to support the addition of a PlayPod into lunchtime play. Due to the Schools experiencing difficulty in accessing funding during the course of this financial year, the project has become temporarily dormant which has resulted in an adverse effect on the projected figures.
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@ providing a craft shop for low cost materials for adults working with children and for children themselves including glues, glitter, feathers, pipe cleaners, paints, card and paper;
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@ running creative birthday parties at the charity's premises dedicated to a creative activity based around the birthday child's chosen theme;
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@ running a social enterprise called SmArt-Cuts which uses Scrapstore resources which are cut into various shapes and can be bought individually or as activity packs;
Page 1 of 17
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
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CONTENTS
Pages
| 1-6 | Directors' & Trustees Report |
|---|---|
| 7 | Independent Examiners' Report |
| 8 | Statement of Financial Activities |
| 9-10 | Balance Sheet |
| 11-17 | NotestotheFinancialStatements |
‘ WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
The Charities objectives and principal activities including the charity's work is based on activities in the county of Wiltshire. Other than for activities supported by Service Level Agreement funding and for purchases from the shop, members of the public must become members to use the Scrapstore. Membership is free and open to the whole community. Members visiting the Scrapstore can fill a sack for which they are asked to make a donation of between £6 and £12 depending on the contents. Our membership is open to the community, anyone who works with children or young people (including parents or guardians), students, community groups and those working with the elderly or adults with learning disabilities.
The Scrapstore is open at a variety of times Monday to Saturday so that the variety of members of the public who use the charity may be accommodated.
The resources provided by the charity are not available for personal gain.
The Charity endeavours to increase self generated income such as that derived from birthday parties, training, workshops, the sale of SmArt-Cut items and from shop sales, as well as through our craft shop Barty's in Lacock.
Trust Document
Since 1996, when a steering group was formed to see what the level of demand for a Scrapstore might be and then the confirmation of this through an independent feasibility study, the charity has continued to grow. Originally called ‘Wiltshire Play Resource Centre’ the name was changed to ‘Wiltshire Scrapstore and Resource Centre’ to reflect what it was generally described as by its members ‘The Scrapstore’ and at the time of name change we were finding the word ‘Play’ in the name was causing difficulties with some potential funders. However in recent years the word ‘play’ has come back into fashion but currently there are no plans to change the name again.
The Charity is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association. In the event of the Company being wound up members are required to contribute an amount not exceeding £1.
Achievement & Financial Review
The charity first became operational in 2000 from a warehouse in Devizes which offered approximately 1500 sq ft of work and storage space. Within 3 months of opening both the supply of resources and take up of membership exceeded what was expected within the first year. This was to such an extent that larger premises had to be found. This was not an ideal situation for such a young charity but the decision was made to make the move and larger premises were secured in Melksham of 3000 sq ft. Although stretching the charity's financial resources it proved the right thing to do as both the suppliers and membership continued to rapidly grow. Confidence in the charity's ability to deliver a quality service attracted the local authority and other funders, resulting in the offer of Service Level Agreements to assist them in meeting their own targets. The charity will only enter into these types of agreements where the work being contracted supports the aims of the charity itself.
Page 2 of 17
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
By 2007 the charity found itself in even greater demand for its services both from within the premises at Melksham and through a developing Training and Outreach service. This coincided with the available parking at the premises being reduced by half, the lease coming to an end and having to turn more high quality reusable waste away and into landfill due to lack of space. Alternative premises had to be found urgently and we were fortunate to secure our current location in Lacock which offered the much needed 6000 sq ft of space. Having few financial reserves available to help fund the move or to cover the cost of the refurbishment and the increased running costs, this was a difficult but essential move to make. Fortunately as the charity has grown, its own income generating abilities have also increased. The move to Lacock provided the space that was needed for this and although we have seen this income increase, with potential to increase significantly further in the future, we are still recovering from the high investment required and the unforeseen national economic circumstances of the past few years.
Our Service Level Agreements with the Local Authority came to an end in March 2012 which has meant we have needed to find ways to ensure the future self sustainability of the charity.
We can confidently expect the various income generating streams we now have in place to continue to increase. We also have a number of new ones which now tested and proved worthwhile we will begin to promote. At a time when many charities are experiencing great difficulties we are very fortunate to have so many current and potential income generating streams that have the ability to grow. We are also looking at new funding avenues for future projects.
In particular we have taken on the play pod project, which is a nationally accredited training programme which is undertaken with Primary schools and their lunchtime staff. The play pods are filled with scrap resources for children to play with on the school play ground at lunchtime. We have seen from other scrapstores that this has proved a popular project and we know this will be financially positive for our own Scrapstore over the coming years.
Our shop in Lacock village also continues to increase our own income generating capacity. As it is becoming more widely known, people are coming from far and wide to buy from us, particularly at Christmas and other seasonal festivities.
In 2013, we were successful with a bid to receive funds to develop a café at the heart of the Scrapstore and, with a robust business plan in place, it has become increasingly successful year on year. By 2019, the Cafe has become a steady strand of income for the charity.
Directors
The Directors and Trustees as at 31st March 2021 and who served during the year are listed on the Company Information page of the financial statements.
Recruitment and appointment of Directors
The Directors of the Company are also charity trustees for the purposes of charity law and under the Company's articles are known as members of the Board of Directors.
The Board of Directors seeks to ensure that the needs of it's membership group are appropriately reflected through the diversity of the trustee body. The more traditional business skills are well represented on the Board of Directors. In an effort to maintain this broad skill mix, members of the Board of Directors are requested to providea list of their skills (and update it each year) and in the event of particular skills being lost due to retirements, individuals are approached to offer themselves for the election to the Board of Directors.
Page 3 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
Trustee induction and Training
New Trustees are encouraged to attend short training sessions to familiarise themselves with the charity and the context within which it operates. These are led by the Chair of the Board of Directors and cover,
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@ the obligations of the Board of Directors,
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@ the main documents which set out the operational framework for the charity including the Memorandum and Articles,
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@ resourcing and the current financial position as set out in the latest Accounts,
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@ future plans and objectives,
Page 4 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
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Trustees' responsibilities statement
The trustees (who are also directors of the Wiltshire Scrapstore & Resource Centre Ltd for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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@ select suitable accounting policies and then apply them consistently; e observe the methods and principles in the Charities SORP; @ make judgements and estimates that are reasonable and prudent; @ state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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e prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Risk Management
The trustees have conducted a review of the major risks to which the charity is exposed. Where appropriate, systems and procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, members and visitors to the Centre. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.
Reserves Policy
The Trustees have resolved to maintain funds at a level that equates to at least three months operational costs in order to ensure the ongoing provision of services. This figure is currently £112,360 and represents unrestricted reserves.
Redundancy payments would be made in line with government statutory guidelines and individual personal contracts of employment.
Page 5 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
Independent Examiner
The Independent Examiner, Mander Duffill, will be proposed for re-appointment in accordance with Statements of Recommended Practice for Charity Accounts and the Charities Act 2011.
Small Company Exemptions
This report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approval
This report was approved by the directors on ZONIyes |i | 202 and signed. on its behalf by
S X Cay<TR
Glynis Cosgrave (Company Secretary)
Unit 5 Griffin Farm Bowden Hill Lacock Chippenham Wiltshire SN15 2PP
Page 6 of 17
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
Independent Examiner's Report to the Trustees of Wiltshire Scrapstore & Resource Centre Ltd
We report on the accounts of the company for the year ended 31 March 2021 which are set out on pages 8 to 17.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:
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@ examine the accounts under section 145 of the 2011 Act;
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@ follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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@ state whether particular matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
-
which gives us reasonable cause to believe that, in any material respect, the requirements:
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@ to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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@ to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Andy Davis Mander Duffill The Old Post Office ooo ee eee epee eevuueneucenceseseesecsensesess 41-43 Market Place Chippenham SN15 3HR Date: eeeeee ee bate nanncnencecneusenes
Page 7 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
STATEMENT OF FINANCIAL ACTIVITIES
(including Income and Expenditure Account)
FOR THE YEAR ENDED 31st MARCH 2021
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Notes|Unrestricted|Restricted|Total|Funds|
|Funds|Funds|2021|2020|
|INCOMING|RESOURCES|1.2|£|£|£|£|
|Donations|and|Legacies|
|Donations|for|Scrap|47253|0|47253|78376|
|Other|Donations|6813|0|6813|10467|
|Activities|for|generating|funds:|
|Bank|interest|received|56|0|56|259|
|Shop|8268|0|8268|15012|
|From|Charitable|activities|
|Building|Bridges|0|0|0|4496|
|Youth|Social|Action|Fund|-|Round|3|0|0|0|5000|
|Community|Foundation|0|0|0|4950|
|Corsham|Area|Board|0|0|0|3213|
|BBC|Children|in|Need|0|6380|6380|6)|
|Lacock|Parish|Council|-|Café|Project|0|2716|2716|0|
|Area|Board|-|Café|Project|0|2400|2400|0|
|Community|Foundation|-|Christmas|Boxes|0|3000|3000|0|
|Community|Foundation|-|Lockdown|Boxes|0|2500|2500|0|
|Lottery|Main|Grants|-|COVID19|Funding|0|41263|41263|)|
|Wiltshire|Council|-|COVID|19|Business|Support|0|48574|48574|0|
|HMRC|-|JRS|Grants|0|37373|37373|0|
|Gift|Aid|0|0|0|3261|
|Barty's|Cafe|7003|0|7003|26531|
|Social|Enterprise|(Volunteers)|27088|0|27088|19838|
|Educational|Workshops|248|0|248|34975|
|Playpods|26182|0|26182|56983|
|Parties|0|0|0|2776|
|Sewing|Club|4553|0|4553|6580|
|Hire|8|0|8|162|
|Publications|&|Sundry|Income|42|0|42|1614|
|Total|Incoming|Resources|"497514.|«144206-«SS=«271720|«274493|
|RESOURCES|EXPENDED|
|Cost|of Generating|Funds|
|Shop|Purchases|5829|0|5829|7323|
|Charitable|Expenditure|
|Charitable|Expenditure|3|84763|147930|232693|271139|
|Governance|Costs|0|900|
|Total|Resources expended|"90592|«147930|«= 238522279362|
|Net Movements|in|Funds|36922|-3724|33198|-4869|
|Fund|balances|brought|forward|75438|8139|83577|88446|
|Transfers|between|funds|
|Fund|Balances|carried forward|"412360|4415116775|8 3577_|
----- End of picture text -----
The notes form part of these accounts
Page 8 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
BALANCE SHEET
----- Start of picture text -----
AS AT 31st MARCH 2021
----- End of picture text -----
----- Start of picture text -----
2021 2020
Notes £ £ £ £
Fixed Assets
Tangible Assets 7 3175 4237
Current Assets
Stock - Shop 5151 5180
Debtors 8 9560 4770
Cash at Bank and in Hand 118666 71977
"433377 "81927
Creditors: | Amounts Falling Due
within one year 9 -19777 -2587
~~ =19777 "2587
Net Current Assets 113600 79340
Total Assets Less Current Liabilities 116775 83577
Net Assets 116775 83577
RESERVES
Restricted Funds 4415 8139
Unrestricted Funds 112360 75438
116775 83577
----- End of picture text -----
The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.
The notes on pages 11 to 14 form an integral part of these financial statements
Page 9 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
BALANCE SHEET (continued)
Directors’ statements required by Sections 475(2) and (3) for the year ended 31 March 2021
In approving these financial statements as directors of the company we hereby confirm:
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(a) that for the year stated above the company was entitled to the exemption conferred by Section 477 of the Companies Act 2006;
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(b) that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an audit be conducted for the year ended 31 March 2021; and
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(c) that we acknowledge our responsibilities for:
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(1) ensuring that the company keeps accounting records which comply with Section 386; and
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(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of Section 393 and which otherwise comply with the provisions of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board on 2Slu |2e2. ]___and signed on its behalf by
----- Start of picture text -----
Director
----- End of picture text -----
Registration number 03748418 (England & Wales)
The notes on pages 11 to 14 form an integral part of these financial statements
Page 10 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
Notes to the financial statements for the year ended 31 March 2021
- Accounting Policies
1.1. Accounting convention
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a company limited by guarantee. The address of the registered office is given in the company information page in the financial statements. The nature of the charity's operations and principal activities are provided in the Report of the Trustees.
- 1.2. Incoming resources
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Resources expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
1.3. Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Office equipment - 25% reducing balance Computer equipment - 25% straight line Fixture and fittings - 20% reducing balance Motor vehicles - 25% reducing balance
1.4. Stock
Stock is valued at the lower of cost and net realisable value.
- Taxation
Section 505 of the Income and Corporation Taxes Act 1988 provides charities with an exemption from income tax or corporation tax on profits attritutable to a trade, so long as the profits are applied solely to charitable purposes. No tax charges have arisen in the charity.
Page 11 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
Notes to the financial statements for the year ended 31 March 2021
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Funds|
|Funds|Funds|2021|2020|
|3|Resources|Expended|£|£|£|£|
|Direct|Charitable|Costs|
|Salaries|& Wages|48948|90571|139519|169501|
|Pensions|1175|1563|2738|3297|
|Staff Training|0|0|0|102|
|Recruitment|(CRB's)|0|0|0|22|
|Rent|&|Rates,|Premises|Insurance|6246|45330|51576|51181|
|Insurance|(Vehicles)|1104|0|1104|1217|
|Light &|Heat|5575|0|5575|6147|
|Repairs|&|Maintenance|2821|2837|5658|5695|
|Packaging|266|0|266|264|
|Postage,|Stationary,|Photocopying|&|Telephone|4841|0|4841|3284|
|Photocopier|Hire|680|0|680|680|
|Computer/IT|65|0|65|57|
|Playpod|Equipment/Training|900|0|900|1953|
|Project|Supplies|&|Equipment|2082|7629|9711|16251|
|Motor|Expenses|2741|0|2741|4293|
|Travel|&|Subsistence|243|0|243|1729|
|Publicity,|Advertising|&|Special|Projects|220|0|220|932|
|Payroll|&|Accountancy|Fees|2220|0|2220|780|
|Chip|&|Pin|Expenses|1962|0|1962|2343|
|Bank|Charges|73|0|73|65|
|Sundry|Expenses|1487|0|1487|18|
|Publications|&|subscriptions|52|0|52|48|
|Depreciation|on|equipment|0|0|0|0|
|Depreciation|on|fixtures|&|fittings|320|0|320|400|
|Depreciation|on|motor|vehicles|742|0|742|880|
|Bad|Debt|Write|Off|0|0|0|0|
|~84763.|147930,|«232693271130|
|2021|2020|
|Governance|Costs|£|£|
|Independent|Examiner|fee|960|0|960|900|
|(900+vat)|Oo|oo|ce,|
|960|0)|960|900|
|Unrestricted|Restricted|2021|2020|
|The|average|monthly|number|of employees|
|during|the|year was|as|follows:|13|1|14|14|
|No|employees|received|emoluments|in|excess|of £60,000|
----- End of picture text -----
Page 12 of 17
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
.
Notes to the financial statements for the year ended 31 March 2021
4. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Salaries andWages Social Security Costs Pension Costs |
139519 0 2738 |
169501 0 3297 |
| 142257 | 172798 |
No employees had employee benefits in excess of £60,000. Pension costs are allocated to activities in proportion to the related staffing costs incurred and are wholly charged to unrestricted funds.
The charity trustees were not paid or received any other benefits from employment with the Trust or it's subsidiary in the year (2020:Enil) neither were they reimbursed expenses during the year (2020:Enil) . No charity trustee received payment for professional or other services supplied to the charity (2020:Enil) .
The key management personnel of the parent charity, the Trust, comprise the trustees, the Director, the Deputy Director and the Finance Manager. The total employee benefits of the key management personnel of the Trust were £ (2020: £53481).
- Staff Numbers
The average monthly head count was 14 staff (2018: 14 staff) and the average monthly number of full-time equivalent employees (including casual and part-time staff) during the year were as follows:
| 2021 | 2020 | ||
|---|---|---|---|
| Number | Number | ||
| All | employees | 6 | 6 |
Page 13 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee
Notes to the financial statements for the year ended 31 March 2021
sins stg sameeren# noo numer CONUNUEE
6. Fund Accounting
Unrestricted funds are available for use at the discretion of the directors in furtherance of the general objectives of the charity. They have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
re Tangible Fixed Assets
| re | Tangible Fixed Assets | |||||||
|---|---|---|---|---|---|---|---|---|
| Fixture | Motor | |||||||
| Equipment | & Fittings | Vehicles | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| ist April 2020 | 9093 | 7582 | 28414 | 45089 | ||||
| Additions | ||||||||
| 34st March 2021 | _ | 9093. | 7582.2 | «28414.=45089 | ||||
| Depreciation | ||||||||
| 1st April 2020 | 9093 | 5983 | 25776 | 40852 | ||||
| Charge for Year | 0 | 320 | 742 | 1062 | ||||
| 31stMarch 2021 | “9093. | 6303. | -—-26518= «41914 | |||||
| Net Book Value | ||||||||
| ist April 2020 | 0 | 1599 | 2638 | 4237 | ||||
| 34st March 2021 | 0 | 1279 | — | 1890 | ||||
| 8. | Debtors | 2021 | 2020 | |||||
| £ | £ | |||||||
| Other Debtors | 5524 | 4770 | ||||||
| VAT Debtor | 4036 | 0 | ||||||
| 9560 | 4770 | |||||||
| 9. | Creditors: amounts falling due within | one | year | |||||
| Other Creditors | 6059 | 1636 | ||||||
| Accruals and deferred income | 13667 | 900 | ||||||
| VAT Liability | 51 | 51 | ||||||
| 49777. | 2587 |
Page 14 of 17
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
FUNDS MOVEMENT
10. Analysis of charitable funds
Analysis of movements in unrestricted funds
| Balance | Fund | |||||
|---|---|---|---|---|---|---|
| 1 April 2020 | Income | Expenditure | Transfers | 31 March 2021 | ||
| £ | £ | £ | £ | £ | ||
| General | Fund | 75438 | 127514 | -90592 | 112360 | |
| "75438127514. | 90592 | 412360 |
Analysis of movements in unrestricted funds - previous year
| Balance | Fund | |||||
|---|---|---|---|---|---|---|
| 1 April 2019 | Income | Expenditure | Transfers | 31 March 2020 | ||
| £ | £ | £ | £ | £ | ||
| General | Fund | 68441 | 256834 | -249837 | 75438 | |
| "6e4aiSO56834 | a7 | 75438 |
Name of unrestricted fund Description, nature and purposes of fund
General Funds
Unrestricted funds are available for use at the discretion of the directors in furtherance of the general objectives of the charity. They have not been designated for other purposes.
Page 15 of 17
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WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
Analysis of movements in restricted funds
| Balance | Fund | ||||
|---|---|---|---|---|---|
| 1 April2020 | Income | Expenditure | Transfers | 31 March 2021 | |
| £ | £ | £ | £ | £ | |
| Youth Social Action Fund (3) | 3841 | -3841 | 0 | 0 | |
| Community Foundation | 4298 | -4298 | 0 | 0 | |
| BBC Children in Need | 0 | 6380 | -1964 | 0 | 4416 |
| Lacock Parish Council - Café | 0 | 2716 | -2716 | 0 | 6) |
| Area Board - Café Project | 0 | 2400 | -2400 | 0 | 0 |
| Comm Foundation - Christmas | 0 | 3000 | -3000 | 0 | 0 |
| Comm Foundation - Summer | 0) | 2500 | -2500 | 0 | 0 |
| Lottery Main Grants - COVID19 | 0 | 41263 | -41263 | 0 | 0 |
| Wiltshire Council - COVID19 | 0 | 48574 | -48574 | 0 | 0 |
| HMRC - JRS Grants | 0 | 37373 | -37373 | 0 | 0 |
| 8139 | 144206 | _"147929..s—“‘«tCCt””S”S”t”~<Cs~‘“Cs~~~s~~SSSSS | |||
| Analysis ofmovements in restricted funds - previous year | |||||
| Balance | Fund | ||||
| 1 April2018 | Income | Expenditure | Transfers | 31 March 2019 | |
| £ | £ | £ | £ | £ | |
| Building Bridges | 347 | 4496 | -4843 | 0 | e) |
| Youth Social Action Fund (2) | 3751 | 0 | -3751 | 0 | 0 |
| Youth Social Action Fund (3) | 0 | 5000 | -1159 | 0 | 3841 |
| Wiltshire Wildlife Fund | 2088 | 0 | -2088 | 0 | 0 |
| Community Foundation | 4652 | 4950 | -5304 | 0 | 4298 |
| SJPCF | 9166 | 0 | -9166 | 0 | 0 |
| Corsham Area Board | 0 | 3213 | -3213 | 0 | 0 |
| ~20004. | —_—=—«‘17689 | -29524__ | —0 | —«8139 |
Name of unrestricted fund
Youth Social Action Fund
Wiltshire Wildlife Fund
Community Foundation SJPCF Corsham Area Board
BBC Children in Need
Lacock Parish Council - Café Area Board - Café Project Comm Foundation - Christmas
Comm Foundation - Summer
Lottery Main Grants - COVID19
Wiltshire Council - COVID19
HMRC - JRS Grants
Description, nature and purposes of fund
Volunteering for Young People. Grant to pay an identified person who can support and work alongside young people to ensure they are getting the most out of their volunteering opportunity.
New premises in Wilton. Funding to enable refurbishment of workshop space to make if safe and usable by children and families.
New premises in Wilton. Funding to recruit a new member of staff. SJP Foundation. Funding of a Young People’s Support Worker Funding to provide new racking to provide more storage and staff costs to enable the process to happen.
Funds to provide a worker to support young people who are struggling with their mental well being within the school environment.
Funds to extend and refurbish the existing Café.
Funds to extend and refurbish the existing Café.
—_To provide 300 educational resource boxes for children out in the community over Christmas period during lockdown.
To provide 500 educational resource boxes for children out in the community over the summer period during lockdown. Emergency Covid19 Funds from the Lotto Covid Community Fund in order for the Scrapstore to survive during lockdown and to provide emergency educational resource boxes for children out in the community.
Wiltshire Council Business support grant - primarily towards the rent and rates of properties during lockdown.
HMRC payments in respect of JRS grants for furloughed staff.
Page 16 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED
Company limited by guarantee
Building Bridges
Funding from the European Social Fund and the National Lottery, via the Big Lottery Fund, as part of the 2014-2020 European Structural and Investment Funds Growth Programme in England. To support those furthest removed from the workplace to given them the work experience they may need to get back into work.
Building (OO | | Uiecpe Lorrenyrunen | “ESE.” PQ) suing sricges |rowarime Paver)
11. Analysis of net assets between funds
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|General|Restricted|
|Fund|Funds|Total|
|£|£|£|
|Tangible|fixed|assets|Fixed Assets|J29|3175|0|3175|
|Cash|at|bank|and|in|hand|Balance|Sheet G15-SOFA|H61|114250|4416|118666|
|Other|net|current|assets/(liabilities)|=1108-1104-1103|-5065|0|-5065|
|Creditors|of more|than|one|year|0|
|SOFAF61|~112360|+(-4416.+=~«SSs—=~—«~: GCG|
----- End of picture text -----
Analysis of net assets between funds - previous year
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|General|Restricted|
|Fund|Funds|Total|
|£|£|£|
|Tangible fixed|assets|4237|0|4237|
|Cash|at|bank|and|in|hand|63838|8139|71977|
|Other|net|current|assets/(liabilities)|7363|0|7363|
|Creditors|of more|than|one|year|0|0|0|
|75438|8139|83577|
----- End of picture text -----
12. Related party transactions
During the year, there were no related party transactions. Although Directors are permitted to claim for reimbursement for
Payments in respect of services rendered were made to:
None
_
413. Company limited by guarantee
The company is limited by guarantee. The member's liability is limited to £1 in the event of a deficiency on winding up.
Page 17 of 17