2023-03-31-accounts - Open Door Furniture Recycling Limited

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Status
Open Door Furniture its Memorandum and				Recycling Ltd is a company limited Articles ofAssociation.				by guarantee		and a registered	charity governed	by
Trustees
	John Allan		Barrowclough		Chair and Secretary
	Tom Boyle				Trustee
	Trevor Riddiough				Trustee
	Roger Anthony			Kendall	Trustee (appointed				21/02/2022)
Company		number			5101309
Charity	number				1106416
Registered		office			St.John's	RC		Infant School
					Ivy Street
					Burnley
					88101TD
Accountant					Eric Crimmins			FCA
					100Knotts Lane
					Colne
					Lancashire		BBBBAE
Business	address				StJohns RC		Infant School
					Ivy Street
					Burnley
					88101TD
Bankers					Barclays Bank			pic
					Leicester	LE872BB

			Unrestricted	Restricted	2023	2022
			funds	funds	Total	Total
		Notes	f		f
Incoming resources
Income			268,594		268,594	169,740
Total incoming resources			268,594		268,594	169,740
Charitable expenditure
Cost ofactivities in furtherance	of
the charity's objects:
project Support costs Management and admin		4	223,807 5,452 23,8S5	0	223 807 5,452 23,885	150,217 7,107 28,082
Total charitable expenditure			253,144	0	253,144	1S5,406
Deficit/Surplus from charitable		activities	15,450		15,450	-15,666
Adjustment to restructuring	cost provision					9,721
Total funds brought forward			18,246		1S,246	24,191
Total funds carried forward			33,696		33,696	18,246

			2023
		Notes
Fixed assets
Tangible assets				2,648		3,531
Current assets
Debtors Stock		9 10	19,384 2,000		7,914 2,000
Cash at bank and in	hand		34,959		29,938
			56,343		39,852
Creditors: amounts	falling
due within one year			-16,477		-15,326
Net current (liabilities)/assets				39,866		24,526
Total assets less current
liabilities				42,514		28,057
Long-Term Liabilities		12		-8,818		-9,811
Net assets				33,696		18,246
Funds
Unrestricted funds		13		33,696		18,246
Restricted funds		14				0
				33,696		18,246

Open Door Furniture	Open Door Furniture	Recycling Ltd	Recycling Ltd	Recycling Ltd
Notes to the Financial		Statements for the year to 31March 2023
3	Costs ofactivities	in furtherance		ofthe objects ofthe charity	2023	2022
						f
	Cost ofGoods 5old				159,787	84,706
	Employment Costs				34,460	30,032
	Rent				12,000	12,000
	Heat, Light, Power ancl Water				4,593	1,327
	Insurance				2,388	3,487
	Volunteer Expenses	and subsistence				4,022
	Ecluipment Hire					463
	Burglary (Net ofinsurance		claim received)			914
	Protective Clothing Costs				180	234
	Advertising/Publicity					73
	Vehicle C'osts				6,353	12,417
	Warehouse Materials
	Equipment Repairs and renewals					401
					223,807	150,217
4	Support Costs				2023	2022
	Employment Costs
	Office Stationery / Printing/Postage				975	1,256
	Office Machine Maintenance
	Cleaning				487	472
	Telephone / internet	/ I.T			897	1,898
	Sundries				1,236	1,914
	Premises Expenses				974	390
	Depreciation				883	1,177
					5,452	7,107
3	Management and administration
					2023f	2022 E
	Employment Costs				21,577	26,267
	Professional Fees				778	571
	Bank Charges and Interest				1,530	1,244
					23,SS5	28,082

Operating gain
		2023	2022
Operating gain is stated after charging.
Depreciation and other amounts	written off tangible assets	SS3	~1177
Employinent Costs
Wages and salaries		47,341	50,455
Social security costs			2,812
Other pension costs		8 696	3,031
		56,037	56,298

Not	es to the Financia	l S	tatements	for the year to 31March 2023
3	Debtors				2023	2022
					f	f
	Debtors, Prepayments		and funding	due	19,364	7,9i4
10	Stock
	Stock is valued by	the	Directors at	the lower ofcost ancl net realisable
	value				2,000	2,000
11	Creditors: amounts	falling due
	within one year
	Accruals and Accounts		Payable		16,477	l5,326
	Deferred Income
					16,477	15,326