WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED A COMPANY LIMITED BY GUARANTEE DIRECTORS REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 COMPANY NUMBER. 3748418 (England & Wales) CHARITY NUMBER: 1077193
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee COMPANY INFORMATION Dlrectors & Trustees: Naomi Claire Owen Mrs Susan Brown Mrs Kate George Mrs Margaret Hiscocks Mr Steve Munden Mrs Rachel Holtam Chair Trustee Trustee Truste8 Trustee Trustee Appointed Appointed Appointed Appointed Appointed Appointed 1910512014 2710612019 2210512024 Company Secretary: Glynis Cosgrave Company Number: 3748418 Charity Number: 1077193 VAT Reg18tratlon No. 176 5712 83 Reglstered Offlce: Unit 5, Griffin Farm Bowden Hill Lacock Wiltshire SN15 2PP Chaylty Address: Unll 5, Griffin Farm Bowden Hill Lacock Wiltshire SN15 2PP Bankers.. CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA Independent Examlner: Mander Duffill The Old Post Office 4143 Market Place Chippenham SN15 3HR
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee CONTENTS Pages Directors, & Trustees Report Independent Examiners, Report Statement of Financial Activities 9-10 Balance Sheet Notes to the Flnancial Statements
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limiled by guarantee REPORT OF THE DIRECTORSITRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The Directors (who are also Ihe trustees) present their report and financial stalements for the year ended 31 March 2024. Princlpal Actlvlty and Publlc Boneflt The Charity's object and Its principal activity is to support th8 development of creative play and recreation opportunities fof children and young people with specific work also being done in areas of disadvantage. The Charity promotes this object for the benefit of the publlc by.. encouraglng and supporting Ihe 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 wllh children and young peoplé including families, il will in¢reas6 and Improve opportunilies for learning through creative play. During Ihe year the charity cnllecled re-usable materlals through donations from local businesses and through exchanges wllh other Scrap51ores. These materials Includ8 paper, card, wallpaper, foam, f611, fabiics, bubble wrap, fibbons, wool, containers and various off-cuts to be used In Imaginative ways; Funded work involving working with Volunteers wilh learning difficulliesl dlsabililles. Offering supported volunteer work placements. Such agreements have'restrlcted" fundlng - grants or donatlons whlch have to be used in a specific way or for a specific purpose. In many cases with our funders havlng met and exceeded the requirements placed on the charity Ihrough these Agreemenls, it has built a successful history with funders who have conlinued, and in some cases increased, the work they have entered a contract wllh us lo fulfill. This rellects the confidence funders have in the charity's ability lo meet the obligations placed on il when entering into such agreements., PlayPods run in partnership with Childrens Scrapstore in Bristol. Providing accredited Iraining lo MDSA'S in primary schools lo support the addition of a PlayPod into lunchtime play. providing a craft shop for low cost materials for adults working with children and for children themselves including glues, glitler, fealhers, pipe cleaners, palnts, card and paper., running creative birthday parties at the charity's premises dedicated to a creatlve activity based around the birthday child's chosen theme; runnin9 a social enterprise called SmArt-Culs which uses Scrapstore resources whlch are cul Inlo various shapes and can be bought individually or as a¢iivtty packs; Pag& 1 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee The Charltles objectlves and prlnclpal a¢tlvltlas Includlng th6 charity's work is based on aclivities in the counly of Wlllshire. Other than for activities supported by SeNice Lev&1 Agreement funding and for purchases from the shop. members of the public musl become members to use the Scrapslore. Membership is free and open to the whole community. Membeis visiting the Scrapstore can fi'll a sack for which Ihey are asked to make a donation of belween £6 and £12 depending on the conlents. Our membership is open to the comrnunily, anyone who works wilh children or young people (including parents or guardians), studenls, community groups and those working with the elderly or adults with learning disabililies. The Scrapstore is open al a variety of limes Tuesday to Saturday so that the variety of members of the public who use the chafity may be accommodated. The resources provided by the charlty are not available for personal gain. The Charity endeavours lo increase sÈlf generated Income such as that derived from birthday parlies, tralning, workshops. the sale of SmArt-Cut items and from shop sales, as well as through our craft shop Barty's in Lacock, Trust Docum6nt Slnce 1996, when a sleerlng group was formed lo see whal the level of demand for a Scrapstore might be and then the confirmation of this through an independent feasibility Study, the charity has Continued lo grow. Originally called 'Wiltshife Play Resource Centre, the name was changed lo'wiltshire Scrapstore and Resource Centre, to reflect what it was generally described as by ils 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 coma back Into fashion bul currently thare are no plans to change the name again. The Charlly Is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of assoGiatlon. In th& evenl of the Company belng wound up members are required lo contribute an amount not exceeding £1. Achlevement & Flnanclal Rèvlew The charity first became operallonal 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 wilhin the fifst year. Thi5 was to such an extent Ihal larger premises had to be found. This was not an ideal situation for such a young charity bul Ihe decision was made lo make the move and larger premises were secured in Melksham of 3000 sq ft. Although slrelching the charity's flnanclal resources it proved the right thing lo do as both the suppliers and membership continued to rapidly grow. Confidence In the charity's abilily to deliver a quality seryice allracled the local authorlty and other funders, resulling in the offer of Service Level Agreements to asslst Ihem in meeting Ihelr own targets. The charity will only enter into these lypes of agreemenls where the work being conlracled supports th8 aims of Ihe charity itself. Page2of17
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 wlhin the premises al Melksham and through a developing Training and Outreach setvice. Thls coincided wilh the available parking at the premises being reduced by half, the lease coming lo an end and having to turn more high quality reusable waste away and into landfill due lo lack of space. Alternative premises had to be found urgently and we were fortunate lo secure our current location in Lacock which offered the much needed 6000 sq ft of space. Having faw financial reserves avallable to help fund the move or to cover the cosl of the refurbishment and the Increased running costs, Ihis 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 lo increase significantly further in Ihe future, we are still recovering from the hi9h investment required and the unf¢reseen national economic circumstances of the past few years. Our Service l.evel Agreements with the Local Authorily came to an end In Maich 2012 vA)ich has meant we have needed lo find ways lo ensure Ihe future self suslainability of th8 charity. We can confidently expect the various Income generaiing str6ams we now have In place lo continue lo 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 greal difficulties we are very fortunate lo have so many current and potential income generating slreams that have the ability to grow, We are also looking al new funding avenues for future prolecls, In p8rtlcular we have taken on the play pod project, which Is a nationally accredited training programme which is undertaken with Primary schools and their lunchlime staff. The play pods are filled with scrap resourc&s for children lo play with on the school play ground at lunchtime. We have seen from other scrapslores Ihal this has proved a popular projecl and we know this will bè fin8n¢ially positive for our own Scrapstore over the coming years. Our shop in Lacock village also continues lo increase our own income generating capaclty. As It Is becoming more widely known, people are coming from far snd wlde lo buy from us, particularly al Christmas and other seasonal festivities. In 2013, we were successful wlth a bid to recelve funds to develop a café at the heart of the Scrapslore and, with 8 robust business plan In place,11 has become Sncreasingly successful year on year. By 2019, the Café has become a steady strand of income for the chaiily. Dlrectors The Directors and Trustees as at 31 March 2024 and who served during the year are listed on the Company Inlormalion page of Ihe fSnancial statemenls. Recrullment and appolntment of Dlrectors The Direclors of the Company are also Charity trustees for the purposes of charity law and under the Companws articles are known as members of Ihe Board of Directors. The Board of Directors se8ks to ensure Ihal the needs of ivs membership group are appropriately ieflecied through the diversity of the trustee body. The more tradition81 business skills are well represented on the Board of Directors. In an effort to mainlain this broad skill mix, members of the Board of Direclors are requested to provide a list of their skills (and update it each year) and in the event of particular skills belng lost due to retiremenls, individuals are approached to offer themselves for the election to the Board of Directors. Pag83 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Trustee Inductlon and Tralnlng New Trustees are encouraged lo attend short tralning sessions to familiarise themselves with the charity and lh8 context within which it operates. These are led by the Chair of the Board of Directors and covei., the obligations of the Board of Directors, the maln documents which sel out the operational framework for the charlty including the Memorandum and Articles, resourcing and the current financial position as set out in the latest Accounts, future plans and objectives, Page 4 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Trustees, responslbllilles statement The trustees (who are also directors of the Wiltshire Scrapslore & Resource Centre Ltd for the purposes of company law) are responslble for preparing the Tfuslees, Annual Report and the financial statemenls in accordance with applicable law and United Klngdom Accounting Standards (United Klngdom Generally Accepted Accounting Practice). Company law requires Ihe trustees to prepare financlal Statements for each financial year, which give a true and falr view of the Slate of affairs of the charitable company and of the incoming resources and application of resources, inclLfding the Income and expenditure, of the charitable company for that perlod. In preparing these financial slatemenls, the Iruslees are required lo.. select suitable accounting policies and then apply them conslstenlly: observe the methods and prlnciples in the Charities SORP; make judgements and estimates that are reasonable and prud8nt'. slate whether applicable UK Accounting Standards have been lollowed, subject lo any materi81 departures disclosed and explained in the financial statements,, prepare the financial slatements on the going concern basis unless il is inappropriale to presume that Ihe charilable company will continue in operation, The Iruslees are responsible for keeping adequate accountlng reccrds Ihat disclose with reasonable accuracy at any time the financial position of the charitable company and enable them lo ensure that the finan¢lal statements comply with the Companies Act 2006. They are also responsible for safeguardlng Ihe assets of Ihe charitable company and hence for laklng reasonable steps for Ihe prevenlion and delection of ffaud and other Irregularities. Rlsk Manaoemènl The trustees have conducted a review of the major risks to whlch the charlty is exposed. Where appropriate. systems and procedures have been eslabllshed to mitigate the risks the charlty faces. Significant external risks to fundlng have led to the development of a slralegic plan which will allow for the diversification ol fui)ding and activities. Internal control rlsks are mirbimised by the implemeniaiion of procedures for authorisalion of all transactions and projects. Procedures are In place to ensure compllance with health and safely of slaff, volunteers, members and visitors to the Centre. These procedures are periodically revlewed to ensure Ihat they continue to meet Ihe needs of the charity. Reserves Pollcy The Trustees have resolved to maintaln funds at a level Ihat equates to at leasl three months operational costs in order to ensure the ongolng provision of services, This figure is currently £84,366 and represents unrestricted reseNes. Redundancy paymenls would be made in line wilh governmenl statutory guldellnes and individual personal contracts of employment, Page5 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Independent Examlner The Independent Examiner, Mander Duffill, will be proposed for re-8ppointment in accordance with Statements of Recommended Practice for Charity AccDunls and the Charilies Act 2011. Small Company Ex6mption$ Thls reporl is prepared In accordance with the special provisions of Part 15 of the Companies Act 2006 Telating lo small companies. Approval This report was approved by thè directors on 1817) be.ci' rYbJ 20 ILk and signed on its behalf by Glynis Cosgrave (Company Secretary) Unil 5 Giiffln Farm Bowden Hill Laeock Chippenham Wiltshire SN15 2PP Page 6of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Independent Examlner's Report to tho TTUStegs of Wiltsh5re Scrapstore & Resource Centre Ltd We report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 8t017. Respectlve responslbllltles of trustees and examlner The trustees (who are also the directors of Ihe company for the purposes of company law) are responsib18 for the preparalion ol Ihe accounts. The trustees consider that an audit is not required for thls year under section 144(2) of the Charities Act 2011 {Ihe 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the chaflty Is not subject lo audit under company law and is eligible foT independent examinatlon, it is our responsibility lo., examlne the accounts under section 145 of the 2011 Act., follow the procedures laid down in the general Directions given by the Charlty Commlsslon under section 145{51(b) of the 2011 Act., and stale whether particular matters have come to our atlention. Basls of Independent examlneT'S report Our examinatlon was Carried out in accordance with the general Directions given by the Charity Commisslon. An examlnatlon includes 8 review of the accounting records kept by the charily and comparison of the accounts presented with those records. It also includes consideration of any unusual i18ms or disclosures in Ihe accounts, and se6klng Éxplanatlons from you as trustees concernlng any such mallers. The procedures undértaken do nol provlde all the evidence that would be required in an audit and consequently no opinion is given as lo whelher the accounts present a'true and fair view. and the report is limited to those matters set out In the Statement below. Independent examlner'8 Statemont In connection with our examination, no maiter has come to our attention: whlch gives us reasonablè caLtse to believe that, In any materlal respect, the requirements., lo keep accountlng records in accordance with seclion 386 of Ihg Companies Act 2006; and lo prepare accounts which accord wlth the accounting records, comply wllh Ihe accounting requirements of section 398 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities havè not been met; or to which, In our opinion, atlention should be drawn in order lo enable a prop8r understanding of the accounts lo be reached. Andy Davls FCA Mander Duffill The Old Post Office 4143 Market Place Chippenham SN15 3HR Date: Page7of17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITEO Company limited by guarantee STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expendlture Account) FOR THE YEAR ENDED 31 MARCH 2024 Notes UnrestrlBted Restrlcted Fund8 Fund8 Total Fund8 2024 2023 INCOMING RESOURCES Donatlon8 and Legac198 Donations for Scrap Other Donallons Actlvltles for gèneratlng funds: Bank Intere81 received Shop 67745 4931 87745 4931 62881 17311 3238 18946 3238 18946 108S 20240 From Charltable actlvltle8 BBC Chlldren In Need
I Wlll Fundlng
Lollo Communlty Funding Clolhworkèrs, Fotsndallon Chlppenham Lions Club wiit8hlre Communlty Foundfjllon Glft Ald Barty's Cafe Soel81 Enterprise (Volunteers) Educallonal Workshops Playpodg Portles Sewlng Club Hlre Publlcallons & Sundry Income Fire Insufance Clalm 8594 4324 9997 6100 6100 3050 5000 2129 43603 47570 20847 55364 3202 5310 570 406 13754 3050 sooo 2129 43603 47570 20847 55384 3202 5310 670 39779 36850 33787 49178 1383 1530 13754 Total Incomlng Resou89 295665 301765 RESOURCES EXPENDED Cost of Generatlng Funds Shop Purchases 9284 9264 10288 Charltable Expendlture Charllablg Expendllure Governance Cogt8 286355 1198 22020 308375 1198 278Q49 1202 Total Re8ourc98 expendod 318837 289539 Net Movèments In Funds -1152 -15920 -17072 2870 Fund balances bioughl fo(ward Transfer8 belwean funds 85201 17514 102716 99845 Fund Balances carrfed forward 1594 i027iS Th8 notes lomi part ol Iheso acccwml$ P8ge 8 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes FIx8d A8SOts Tangible Assets 1455 1884 Current A888t8 Stock - Shop Debtors Cash at 8ank and in Hand 5026 2637 81985 6608 4559 95488 89647 Credllorn: Amounts Falling Due withln one year -5459 -5824 Net Current A88et8 84188 100831 Total A886t$ Le88 Current Llabllltles 85643 102715 Net Assèts 85643 102715 ESER Restrlctod Funds 1594 17514 Unrestrlctod Funds 84049 85201 85643 102715 The directors, statements required by Sections 475(2) and {31 arè shown on the following page which forms part of this Balance Sheet. Thè ftotes on paggs 1110 14 fomi an Integral part of these flnanclal statnents Page9of17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee BALANCE SHEET (contlnu8d) Dlrector$' 8tatementg requlred by Sectlon8 475(2) and (3) for the year encled 31 March 2024 In approving these financlal slalements as dlre¢lors of the company we hereby conlirm.. {a) that IOT Ihe year stated abova Ihe company was enlitlod to the exemptlon conlerred by Sectlon 477 of the Companies Acl 2006., Ib> that no notice has been deposited al the reglstered office ol the company pursuant lo Section 476 requesting Ihal an audil be conducted lor Ihe year ended 31 March 2024; and IG) thal we acknowledge our responsibililles for., ensurliig Ihal Ihe company keeps accounllng records whlch comply wilh S8clion 386,. and 121 preparing financial stal8mgnls which glve a true and falr vlew ol the stale ol allalrs ol the company as ai the 8nd ol Ihe linanclal year and ol Ils prolll or loss for the year Ihen ended in accordan¢e ivilh Ihe requSrements ol Seclion 393 and which olhepwise comply wllh the provisions ol th8 Companles Act 2006 relaiing lo flnanolal stal6m6nls, so far as appllcable to the company. These accounts have been prepared in accordance wlth Ihe speclal provlsions ot Part 15 01 the Coinpanles Act 2006 relallng lo small companies and in accordance wllh the Financial Reporting Standard for Smaller Ent1118s lelle¢llve Apiil 2008). The financlal statements were approved by the Board on 18Nkn.(.'o 2(Y). and slgned on Ils behall by Naoml Owen Dlreclor Reglslralion number 03748418 {England & Wales) The notes on pages 1110 14 lorm an Integral part ol these financial slalemenls Page 10of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Accountlng Pollcle8 Accountlng conventlon The financial statements of the charity, which is a publlc b8nefil entity under FRS 102, have been piepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities., Statement of Recommended Practice applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard 102 'The Financial Reporllng Standard applicable In the UK and Republic of Ireland, and the Charilies Act 2011. The financial stalemenls 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 adclress of the regislered office Is given in the company information page in Ihe financial slal8ments. The nature of the charitys operalions and prin¢lpal aclivitles are provided in the Report of the Trustees. Incomlng r680urce3 All income is recognised in th8 Statement of Financlal Aclivltles once the charlly has entillement to Ihe funds. il is probable that the income will be received and the amount can be measured reliably. Resources expended Liabilities are recognised as 8xpendilure as soon as there is a legal or conslrLJCtive obligation commilting the charily to that expenditure. It Is probable that a transfer ol economic benefits will be requlred in settlement and the amount of tha obligation can be measured reliably. Expenditu Is accounted for on an accruals basis and has been classilied under headings that aggregate all cost related lo the category. 1.3. Tanglble flxed 888et8 and depreclallon Depreciatlon is provided al rates calculated to write ofl the cost less residual value of each asset over ils expected useful life, as follows.. Office equipment Computer equlpment Fixture and fitllngs Molof vehicles 25 % reducing balance 250/0 Straight line 200/0 reducing balance 250A feduclng balance stock Stock is valued at the lower of cost and net reali5able value. Taxatlon Section 505 01 the Income and Corporation Taxe5 Act 1988 provldes chafilies with an exemption from income lax or corporation lax on profits allritutabl8 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 2024 Unre8trlcted Re8lrlcted Funds Funds Total Funds 2024 2023 3 Resources Expended Dlrect Charltable Costs Salaries & Wages Pensions Staff Training Recruitment (CRB'S) Rent & Rates, Premises Insur8nce Insurance {Vehlcles) Light & Heal R&pairs & Mainlenance Packaging Postage, Stationary, Photocopying & Telephone Photocopier Hire CompuieTIIT Playpod Equipmenirrraining Project Supplies & Equlpmenl Motor Expenses Travel & Subslstence Publiclty, Advertising & Speclal Projects Payroll & Accountancy Fees Chip & Pln Expenses Bank Charges Sundry Expenses Publlcatlons & subscriptlons Depreciation on equipment Depreciation on fixlures & fillings DepTe¢lation on motor vehicles Bad Debt Write Off 184861 3087 76 9393 177 194254 3264 76 184090 3016 198 118 49704 1069 7624 2904 50 2578 746 139 760 14803 3734 2258 168 810 2309 74 288 48 47781 1043 10915 4845 47781 1043 10915 4845 3118 759 3118 759 4504 1760 24965 3785 1941 60 2018 2300 351 4504 1760 17019 3785 1941 60 2018 2300 351 7946 207 207 163 266 163 266 205 356 286355 22020 3(i8375 278049 2024 2023 Governanco Costs Independent Examiner fee 1198 1198 1002 1002 Unrestrlcted Restrlcted 2024 2023 The average monthly number of employees during the year was as follows: 13 14 14 No employees received emoluments In excess of £60,000 Page 12 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Notes to the flnanclal statements for the year ended 31 March 2024 Analysls of staff cosls, trustee romun6ratlon and èxpenses, and th8 Cost of koy managemont per80nnel 2024 2023 Sslaries and Wages Social Security Costs Penslon Costs 194254 184090 3264 3016 197518 187106 No employees had employee benefits in excess of £60,000. Pension costs are allocaled lo activities in proportion lo the related staffing costs incurred and are wholly charged to unrestrict8d funds. The charlty trustees were not paid or received any Oiher benefits from employment with the Trust or ivs subsidiary In Ihe year {2023'.£nill nellher were Ihey reimbursed expenses durlng the year (2023'.£nil> . No charity trustee recelved payment for professional or other seNices supplled to the charity (2023:£nil) . The k8y management personnel of th6 parent ch8rity, the Trust, comprise the trustees, the Dlrector, the Deputy D1ctOr and the Finan Manager. The total employee b8nefils of Ihe key management personnel ol the Trust were £59,438 {2023 53,481). staff Numbers The average monthly head count was 14 staff (2023.. 14 slaffj and the average monthly number of full-time equivalent employees (including casual and p8rt-time staffj during the year were as follows,. 2024 Number 2023 Number All employees Page 13 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limited by guarantee Notes to the financlal statements for the yèar ended 31 March 2024 Conlinued Fund A¢countlng Unrestricted funds are available for use al the discretion of the directors in furtherance of the general objectives of the charity- They have not been designated for other purposes. Reslricled funds are funds which are to be used in accordance wilh specific reslriclions imposed by donors or which have been raised by the charity for parlicular purposes. The Gosl of raislng and administering such fund5 are charged against the specific fund. Tanglblo Flxod Assets Flxtufe & Flttlngs Motor Vehlcle8 Equlpment Total Cost 1 Aprll 2023 Addllions 9093 7582 28414 45089 31 March 2024 7582 Depreclatlon 1 April 2023 Charge for Year 9093 6764 163 27348 266 43205 429 31 March 2024 9093 6927 Net Book Valu8 1 April 2023 818 1066 1884 31 March 2024 655 Dabtors 2024 2023 other Debtors VAT Debtor 1258 1379 2797 1762 2637 4559 Credltors: amounts falling due within one year other CreditOFS Accruals and deferre¢J incom8 VAT Liability 5459 5824 Pag8 14 of 17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limiled by guafanlee FUNDS MOVEMENT l O. Analysls of charltable fund8 Anoly818 of movements In unrestrlcted funds alanc8 1 rtI2023 Fund 31 March 2024 Income Exp8ndllure Transfers General Fund 85488 295665 -296817 84336 -296817 Analy819 of movements In unrostrlcted lund8 - prevlous year Balance 1 April 2022 Fund 31 Morch 2023 Income Expendlture Transfers General Fund 85272 271494 -281278 85488 95272 271494 -281278 Name of unrestrlcted fund Da•crlptlon. naturo ond purp0808 of fund General Funds Unrèslrlcled funds are avo118ble for u88 al th8 dl$¢iellon of the dlreclors In furtherance of Ihe genBral obloctives of the charity, They have not been deslgnaled for other purp03e8. Page 15of17
WILTSHIRE SCRAPSTORE AND RESOURCE CENTRE LIMITED Company limlted by guarantee 11. Analy$is of net assels between funds General Fund Restrlcted FundB Total Tangible flx8d assets Cash 81 bank and in hand Other nel curr8nl asget$l(liablllties) Creditors of more than one year 1455 81985 609 1455 81985 84049 84049 Analysls of net assets botween funds . prevlou8 year General RoOtrl¢tèd Fuftd Funds Total TÉngiblo fixed assels Cash al bank and in hand Olhér nel currént asselsJ{li8bllllies) Creditors of moi8 than one year 1884 95488 -12171 1884 95488 -12171 85201 85201 12. Related party tran88CtlonB During Ihe yèar, there were no related party Iransacllons. Although Directofs are permitted to claim for reimbursement for Payment8 In respèct of BeNlce8 rendered w8re madé to.. Nono 13. Company Ilmlted by guarantee The company Is Ilmited by guarantee. Thè memb8rfs liabilily 1$ Ilmlled lo £1 in lh8 evenl of a deficlency on windlng up. Page17of17