2021-12-31-accounts

					The Charity	has continued to run it's two traditional	has continued to run it's two traditional	has continued to run it's two traditional	has continued to run it's two traditional	shops	in the	in the
					Felixstowe area.
					Our pricing residents to	policy has remained the same and buy products at prices considerably		this has enabled cheaper than in					local other
					retail outlets	[including all local	Charity shops].
					Our original	'Pop-up' shop idea	has developed	and we have been able to
					offer food at E1 —E2 a bag to local people. Each ofour Pop-up shops has had queues for			up		to an hour		each week
					proving that	we are meeting a	real need.
Summary	ofthe main
activities	undertaken		for	the
public benefit in		relation		to
these objects (include			within
this section the statutory
declaration that trustees				have
had regard to the		guidance
issued by	the Charity
Commission on public
benefit)
Additional	details	of	objectives		and activities (Optional information)
					Our work continues to grow within Felixstowe			and the surrounding						areas
					and it is clear that we are making a very positive				impact on the				local
					community.
					Recognition	by Felixstowe Town Council testifies				to the difference				we are
					making.
You may	choose	to include			We received positive publicity from the local press regarding our initiatives and our work has been acknowledged primarily among
further statements,		where			members ofthe Church of England.
relevant,	about:
~ policy ~ policy	on grantmaking; programme related				Our Charity partnerships with the food industry Spencer, Tesco, Morrisons, Waitrose and Lidl.				now include			Marks		and
investment;
~ contribution made			by
volunteers.

	Charity		Name						Charity	No
	The BASIC Life Charity								(if any)		1079263
				Annual			accounts	for the	eriod			CC~Ta
									Period	end
	Period	start date					01/01/2021		date		31/12/2021
								Restricted
Recommended	Details of			own	e	Unrestricted		income	Endowment		Total this	Total last
categories by activity			analysis		O		funds	funds	funds		yearf	year
Incoming resources (Note 3)							F01	F02	F03		F04	F05
Incoming resources from
generated funds
Voluntary income					S01		10,267				10,267	21,321
Activities for generating funds					S02
Investment income					S03								21
Incoming resources from charitable activities					S04		242,382	12,435			254,817	222,530
Other incoming resources					S05
Total incoming resources					s08		252,654	12,435			265,089	243,872
Resources expended	(Notes		4-8)
Costs ofGenerating Funds
Costs of generating voluntary
income					S07
Fundraising trading costs					S08
Investment management costs					Sog
Charitable activities					S10		197,578	12,435			210,013	182,327
Governance costs					S11		8,356				8,356		995
Other resources expended					S12
Total	resources expended				s13		205,934	12435			218 369	183,322
Net incoming/(outgoing) resources before transfers					s14		46,720				46,720	60,550
Gross transfers between funds					S15
Net incomingl(outgoing) resources before other recognised gains/(losses)					s18		46,720				46,720	60,550
Other recognised gains/(losses)
Gains and losses on revaluation			offixed	assets for
the charity's own use					S17
Gains and losses on investment			assets		S18
Net movement				in funds	s1g		46,720				46,720	60,550
Total funds brought forward					S20		85,964				85,964	25,414
Opening balance adjustment			to reserves				28,163				28,163
Total	funds		carried	forward	s21		160,847				160847	85	964

~ s
							Restricted
					0Z	Unrestricted funds	income funds	Endowment funds		Total this year		Total last year
Fixed assets						F01	F02	F03		F04			F05
Tangible assets			(Note 9)		B01	17,822				17,822
					B02
Investments			(Note 10)		B03
		Total fixed assets			B04	17,822				17,822
Current assets
Stock and work in	progress				B05
Debtors			(Note 11)		B06	7,358				7,358
(Short term) investments					B07
Cash at bank and	in	hand			B08	144,425				144,	5		85,964
	Total		current assets		B09	151,783				151,783			85,964
Creditors: amounts		falling		due within
one year (Note 12)					B10	8,758				8,758
Net current		assetsl(liabilities)			B11	143,025				143,025			85,964
Total assets less		current liabilities			B12								85,964
Creditors: amounts		falling		due after
one year	(Note		12)		B13
Provisions for liabilities			and	charges	B14
				Net assets	B15	160,847				160,847			85,964
Funds ofthe Charity
Unrestricted funds					B16	160,847				160,847			85,964
					B17
Restricted income	funds		(Note 13)		B18
Endowment funds	(Note		13)		B19
			Total funds		B20	160,847				160,847			85,964
Signed by one or two the trustees	trustees		on	behalf of all		Signature		Print Name				Date of a roval
								Ma	-Beth Denn			26/06/2022

Note 2		Accounting policies	Accounting policies
This standard list ofaccounting policies has been applied by the charity except for those deleted.				Where a different or
additional policy has	been	adopted then thisis detailedin the box below.
INCOMING RESOURCES
Recognition of incoming			These are included in the Statement of Financial Activities (SoFA) when:
resources			~ the charity becomes entitled to the resources;
			~ the trustees are virtually certain they will receive the resources; and
			~ the monetary value can be measured with sufficient reliability.
Incoming resources	with		Where incoming resources have related expenditure (as with fundraising	or contract income)
related expenditure			the incoming resources and related expenditure are reported gross in the	SoFA.
Grants and donations			Grants and donations are only included in the SoFA when the charity has	unconditional
			entitlement to the resources.
Tax reclaims on donations			Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts			which they relate.
Contractual income and			This is only included in the SoFA once the related goods or services have	been delivered.
performance related	grants
Gifts in kind			Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised.
			Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
			distributed by the charity.
			Gifts in kind for use by the charity are included in the SoFA as incoming resources when
			receivable.
Donated services and			These are only included in incoming resources (with an equivalent amount	in resources
facilities			expended) where the benefit to the charity is reasonably quantifiable, measurable and material.
			The value placed on these resources is the estimated value to the charity	ofthe service or
			facility received.
Volunteer help			The value ofany voluntary help received is not included in the accounts but is described trustees' annual report.		in the
investment income			This is included in the accounts when receivable.
Investment gains and	losses		This includes any gain or loss on the sale of investments and any gain or	loss resulting from
			revaluing investments to market value at the end ofthe year.
EXPENDITURE	AND		LIABILITIES
Liability recognition			Liabilities are recognised as soon as there is a legal or constructive obligation committing		the
			charity to pay out resources.
Governance costs			Include costs ofthe preparation and examination ofstatutory accounts, the costs oftrustee
			meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance			Where the charity gives a grant with conditions for its payment being a specific level of service
conditions			or output to be provided, such grants are only recognised in the SoFA once the recipient ofthe
			grant has provided the specified service or output.
Grants payable without			These are only recognised in the accounts when a commitment has been	made and there	are
performance conditions			no conditions to be met relating to the grant which remain in the control of	the charity.
Support Costs			Support costs include central functions and have been allocated to activity	cost categories	on a
			basis consistent with the use ofresources, eg allocating property costs by	floor areas, or	per
			capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets	for use		These are capitalised ifthey can be used for more than one year, and cost at least f500.		They
by charity			are valued at cost or a reasonable value on receipt.
Investments			Investments quoted on a recognised stock exchange are valued at market	value at the year
			end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress			These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL	TO OR
DIFFERENT FROM	THOSE
	ABOVE

Incoming	resources ma	y be fu	rther a	nalysed	ifthis would help the	reader ofthe	accounts.
							This year	Last year
					Analysis
Voluntary	income		Donations				10,267	21,321
						Total	10,267	21,321
Activities	for generating	funds
						Total
Investment	income		Bank Interest					21
						Total		21
Incoming charitable	resources from activities		Grants Sho	Sales	Felixstowe		76,866 85,369	81,668 64,954
			Sho	Sales	Walton		41,422	38,092
			Sho	Sales	De ot		4,256	4,873
			Online	Sales			39,340	33,838
			Gift Aid				4,863	1,041
			VAT				2,701	1,936
						Total	254,817	222,530

Note 4			Analysis of	Analysis of	resources	resources	expended
Resources		expended	may be further		analysed	ifthis would		help the reader ofthe	accounts.
									This year	Last year
						Analysis
Costs ofgenerating
voluntary	income
								Total
Fundraising		trading
costs
								Total
Investment
management		costs
								Total
Charitable	activities		Sho	and De ot Rent					41,268	31,296
			Sala	/Administration/Casual					90,765	77,645
			PAYE/ N.l. Contributions						10,057	6,429
			Rates						1,478	1,388
			Electrici /Gas/		Tele hone				8,588	8,558
			Insurance/Accountanc						4,954	4,827
			Printin	/Posta	e/Statione				1,086	5,590
			Sund	Ex enses/Pe		Cash			2,757	3,468
			Donations Paid						35,315	6,866
			Online facilit						1,782	3,322
			Motor	Ex enses					6,451	1,676
			Other	Costs (Repairs Etc)					5,511	6,251
			Motor	Vehicles	purchased					25,010
									210,013	182,327
Governance		costs	Inde	endent Examination			Fee		2,515	995
			De reciation char e						5,841
								Total	8,356	995

Su	ort	cost	e	Fundraising	activity	Charitable f	Activity	Governance f	Activity	Total	Cost E
			Total

services pr appropriate	ovided by yo box(es).	urindepen	dent examiner or au	ditor. Ifnoth	ing was paid please	enter NONEin
					This year f	Last year f
Independent accounts	examiner's	or auditors' fees for reporting		on the	2515	995
Other fees	(for example:	advice,	consultancy, accountancy
services) paid to the independent			examiner or auditor			50

								Grants to	Grants to
								institutions	individuals
				Purpose	for	which grants made		Total amount R	Total amount	K
New	cuttin	ed	e	technolo	for	nine local schools		20,000.00
							Total	20„000

ons s	u	orted.
						Total amount of
Names	of	institutions	Purpose			rants paid K
			Total	grants	toinstitutions

Note 9		Tangible	Tangible	fixed assets	fixed assets
Please complete	this	noteif the charity has any tangible					fixed	assets
9.1 Cost or valuation
		Freehold	land	Other land	&	Plant,		Fixtures,	Payments	on	Total
		&buildings		buildings		machinery		fittings and	account	and
						and	motor	equipment	assets under
						vehicles			construction
Opening balance							22,763				22,763
adjustment
Additions							900					900
Revaluations
Disposals
Transfers *
Balance carried						23,663					23,663
forward
9.2 Accumulated	depreciation		and	impairment	provisions
Basis		SLor	RB	SLor RB		SLor RB		SLor RB	SLor RB
	Rate					25% RB
Balance brought
forward
Depreciation charge							5,841				5,841
for year
Impairment provisions
Revaluations
Disposals
Transfers*
Balance carried							5,841				5,841
forward
9.3 Net book value
Brought forward
Carried forward						17,822					17,822

Carrying (market) value at beginning ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation
Carrying (market) value at end of year

	10.2 Market value at	10.3 Income from	10.3 Income from
	year end	investments	for
		the year
		f
Total

Investment	properties
Investments	listed on a recognised stock exchange or	held in common
investment	funds, open ended investment companies,	unit trusts or other
collective investment schemes
Investments	in subsidiary or connected undertakings	and companies
Securities	not listed on a recognised Stock Exchange
Cash held	as part ofthe investment portfolio
Other investments

Please complete this noteif	Please complete this noteif	the charity has any	debtors	or	re a ments.	re a ments.
Analysis ofdebtors				Amounts within		falling due one year	Amounts more	falling due after than one year
				This	year	Last year	This year		Last year
Trade debtors
Amounts due	from subsidiary	and associated
undertakings
Other debtors					7,358
Prepayments	and accrued income
			Total		, 5

12.1 Analysis ofcredit	ors
				Amounts	falling due	Amounts	falling due after
				within	one year	more	than	one year
				This year	Last year	This year		Last year f
Loans and overdrafts
Trade creditors				4,784
Amounts due to subsidiary		and associated
undertakings
Other creditors				2,474
Accruals and deferred	income			1,500
			Total	8,

			Fund						Fund
			balances						balances
			brought	Incoming		Outgoing		Gains and	carried
			forward	resources		resources	Transfers	losses	forward
Fund	names		F	F		f	f	f	F
Suffolk	Chamber	Grants		12,435	-	12,435
		Total Funds		12,435	-	12,435

relat	ed	parties	by	the charity	orany in	stitution orcompany connected	with it.
							Amounts paid or benefit value
Name	of	trustee	or	connected	party	Legal authority (eg order, governing document)	This year Last year

	Name oftrustee or connected party	Name oftrustee or connected party	Legal authority	This year Amount	Last year owing
Due to trustees and
related parties
Due from trustees
and related parties

elated	party	has a mat	erialinterest.
Name	ofthe	trustee	Relationship	to	Description ofthe	This year	Last year
or	related	party	charity		transaction(s)