## ## ## ## ## ## ## ## ## ## ## ## ||||||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)|||