Company reglstratk)n number- 05407823
Charity registration number.. 1109873
Good Old Furniture Available
(A company Ilmlted by guarantee)
Annual Report and Financial Statements
for the Year Ended 30 June 2022

Good Old Furniture Available
Contents
Reference and Admlnlstratlve Details
Trustees, Report
2to6
Independent Examlner's Rep￿t
ststement of Flnancial Activities
Balance Sheet
Notes to the Flnanclal Statements
IOto18

Good Old Furniture Available
Reference and Administrative Details
Trustees
MrDFel
Mr D Ruben5
Mrs C Newborn
Mr R Sorrell
Mr C Harrold
Mrs P Young
Ms J Ballett
Mr N Robson
Ms K Murray-Lambrou
Mrs A Robson
Charlty Registration Number 1109673
Company Registration Number05407823
The charlty Is Incorporated in England & Wales.
Ellis Square
Voundervour Lane
PENZANCE
TR18 4UH
Reglstered Offlce
Independent Examlner
Crane & Johnston c￿ Ltd
Chartered Certified AccoLJntants
11 Alverton Terrace
Penzance
Cornwall
TR18 41H
Page I

Good Old Furniture Available
Trustees, Report
The trustees, who are dlrectors for the purposes of company law, present the annual report together
wlth the financial statements of the charitable company for the year ended 30 June 2022.
Ob5ectives and activitie5
Objects and aims
The Charity's objects are, in the area of West Cornwall partlcularly In the Dlstrict of Penwith, to
Relleve poverty through the provision of household furnlture and g(x)ds to those persons resident In
the area of benefit that have need of such ilems by reason of thelr ne￿55[tOu5 circumstances.
Advance education, training or retraining partlcularly among unemployed people so as to develop
work skills, gain work experience encourage social integratlon,, and
Protect and preserve the envlronment by edlrcating the publlc In the benefits to the environment of
sustainable waste practices including recycllng, carrylng out research into SU5taSnable waste
management practi￿5 and dlsseminating the useful results of that research,
The objectlves of the CharSty are mel prlnclpally by.,
The sourclng by donatlon from the local community and the delivery to the local communlty In
necessltous clrcumstance of furniiure. white goods and electrical g￿dS in exchange for donatlon by a
furnlture collectlon and dellvery servlce staffed by the Project Co-ordir7ator andlor volunteers,
The provlslon of volunteer tralnlng placements within the Charity managed and supervised by the
Project Co-ordinator andlor the Trustees. Placement maybe elther solely managed or operated by the
Charlty or In partnership wlth one or more external organlsation5.
The conduct rf public talks, fund ralsers. communlty educatlon visits by the Project Co-ordlnator
andlor the Trustees and volunteers.
Publicbenefit
The trustee5 confirm that they have complied with the requlrements of sectlon 17 of the Charitles Act
2011 to have due regard to the PLFbllc benefit guidance published by the Charlw Commlsslon for
England and Wales.
Page 2

Good Old Furniture Available
Trustees, Report
Achlevements and performance
The year 2021122 has been characterised by becomlng fully operatlonal again following the ending of
the restrictions associated with the Covld pandemlc. It 15 Important for GOFA to bulld up flnanclal
reserve5 SO that It Is able to repla￿ its delivery van when requlred and to have a contingency should
It need to look for new prem15es. Its financlal reseNes fell durlng the pandemlc but substantially
recovered durlng 2021122.
Employee5 and volunteers have continued to provlde an excellent level of Serv1￿ to people in need in
GOFA'S catchment area, The throughput of furnlture and other goods has Increased again, meanlng
that more people a￿ being helped, GOFA has had two young employees on the Klckstart programme,
one of whom now has ongoing employment wlth GOFA. GOFA now has three paSd employees In
addltlon to Its group of volunteets and is able to sustaln the Increase In salary costs through its
Increased actlvity.
During the year, GOFA was successful in gaining a grant from the Natlonal Lottery Communlty Fund
that wlll come into for￿ In the next financial year. The grant wlll pay for a second smaller van that
can be used for vlewing potential donations and collectlng smaller go(Kls. As It will be an electric
vehlcle, the grant also covers the cost of Installing a charglng faclllty. In addltlon, the grant wlll cov
500/0 of e5tlmated fuel costs together with the costs of extending the pald workforce so that bcith
vans can operate every day throughout the week. This support wlll last for flve year.
Communlty Involvement and Support,.
GOFA beneflts from a number of Important Ilnks with other communty organlsatlons and our thanks
thls year, In no particular order, are glven to.,
Chapel St Methodlst Church
Cornwall County Councll Adult Soclal Care
Llvewest
Penwith Communlty Development Trust
Cornwall College
Bolltho Mental Health Trust
- The YMCA
Job Centre Plus
West Cornwall Women's Ald
Dlsablllty Cornwall
Cornwall mral Communlty
Alfred Smiths Penzan
Penzance Town Councll
These organlsètlons have been crltlcal to the successful targeting of our expanded service thth in
supplylng household goods to the communlty and In the recruitment and support of volunteers and
tralnlng placements,
We would also like to acknowledge the support of Cornwall Coundl, PenZan￿ Town Counal, the
Winlfred Potter Chalitable Fund and the Co-op Local Community Fund.
Page 3

Good Old Furniture Available
Trustees, Report
Financial review
Durlng the year, the charity continued to deliver Its 5eNlce5 following the prevlous years Ilmlted ba51s
due to the ongolng COVID-19 pandemic.
Total Income rose from £79,423 to £107,339 largely due to the Increase in activltleg.
Total expenditure Increased from £78,182 to É91,938.
Overall, the net resulted In a surplus for the year of £15,401 compared tri a surplus of É1,241 In the
prevlous year.
The unrestricted funds increased to £51,148 from £40,897. The designated funds Increased to
£65,663 from £60,513 and restrlcted funds remained at £71. A full breakdown can be seen In note
17.
No material debt has been Incurred and there have ￿en Significant disposals In the year.
Pollcyon reserves
The trustee5 have examlned the charlty's requlrements for reserves In Ilght of the maln rlsks to the
organisation.
It has e5tabllshed a policy whereby the unrestricted funds not commltted or Invested In tangible flxed
assets held by the charity Should equate to 3 months of the annual core costs which Is estimated at
£22,000. These reseNes are needed to meet the working capital requirements of the charlty and the
trustees are confident that at this level they would be able to continue the current activltie5 of the
charity in the event of a drop In fundlng.
At the year end, the unrestricted reserves were £51,148. In additlon, the trustees also have a
designated 'core cost provision, fund of £22,000.
The trustees wlsh to contlnue the process of prudent provision for the future and have a deslgnated
fund t(￿ardS the cost of replacing the van in the future. The vehlcle is essential to the operation of
the sery1￿. At the year end, the balar)ce on thls fund was £13,663.
The trLSStees also have a deslgnated fund towards the cost of purchaslng a lease In the future.
Premi5e5 are es5entlal to the operation of the se￿Ice. At the year end, the balan￿ on thls fund was
£30,000.
Page 4

Good Old Furniture Available
Trustees. Report
Plans for future perlods
Aims andkey obiectlves for future periods
GOFA has emerged from the Covid pandemlc in a relatlvely healthy state as a consequence of the
efforts of the pald employees, volunteers and support orgènlsatlons, who have given time, skill and
flnanclal assistance to the Charity.
Our charitable objectlves remain as relevant as ever. Unfortunatelyi the need for our servKe remains
urgent. As many people are firKling that the cost of Ilvlng is rlslng faster than their pay or benefits,
more are looklro to charities like GOFA for help with baslc requlrements. GOFA plans to meet the
extra demand by becoming more efficient and expanding. As mentioned above, a signlflcant National
Lottery Community Fund grant will allow GOFA to increase efflclency and overall activity in the next
flve years,
The trustees have made restoring GOFA'S financial reserves to pre-pandemlc levels a priority. The
progress made towards this objective in 2021122 wlll be sustained in the cUr￿nt flnanclal year.
However, it is not a goal that overrides GOFA'S mission to support people In need or to provide
furniture and g(K)ds free of charge where necessary. We will continue to balance flnanclal problty wlth
our m15sion to support local people to enjoy decent living standards at home.
Structurei governance and management
Nature ofgoverning document
The directors of the company {'The Trustees") subject to the Companles Act 2006 and the Charltles
Act 2011 and the Memorandum and Articles are responsible for the management of and the exercise
of all powers pertalning to the Charlty.
The Charity is constituted such that unless otherwlse decided by ordlnary resolutk)n the maximum
number of Trustees shall be twelve and the mlnlmum number be three. At the time of incorporation It
wa5 agreed that the Initial number (l Trustees would be elght.
The accounts comply with current statutory requlrements and the charity'5 governing documents.
Recmltment andappolntment of tmstees
New Trustees are appolnted after election following a private or publlc Invitatlon at any qualifying
Board meeting of the Charlty,
The Trustees have appolnted a Management Commlttee who are responslble f(X the operatlonal
management of the Charlty. The project manager Ss a member of the management committee.
Page 5

Good Old Furnlture Available
Trustees, Report
statement of trustees, respon51bllltles
The trustees (who are also the dlrettors of Good Old Fuinlture Avallable for the purwises of company
law) are responsible for prepaylng the trustees, report and the financial statements In accordan￿ wlth
appllcable law and Unlted Klngdom Accountlng Standards (United Klngdom Generally Accepted
Accountlllg Practi￿), Indudlng FRS 102 'The Flnanclal Rep)rtlng Stsndanl appllcable In the UK and
Republic of Ireland"
Company law requlres the trijstees to prepare finandal statements for each finandal year. Under
company law the trustees must not approve the flnanclal statements unless they are satlsfied that
they glve a true alld falr vlew of the state of affairs of the charltable company and of the Incomlng
resources and applicatlon of resources, Includlng Its Income and expendStur4 of the charltable
company for that perlod. In preparlng these flnancial statements, the trustees are requlred to:
select sultable accountlng w)Ilcles and apply them con51stentty'
obseNe the methods and prfnclples In the Charltles SORP.
make Judgements and estlmates that are reasonable and prudent.
state whether appllcable accountlng standards, comprlslng FRS 102 have been fo51owed, subject to
any matsrkal departures dlsdosed and explalned In the flnanclal Statements; and
prepare the financial statements ori the golng concern basls unless It Is Inapproprlate to presume
that t1￿ charltable company wlll contlnue In buslness.
The trustees are responslbte for keeplng proper accountlng records that can dlsclose wlth reasonable
acayacy at any tlme the flnanclal pr)sltlon of the charltable company and enable them to ensure that
the financlal statements comply wlth the Companles Act 2006. They are also responslble for
safegltardlng the assets of the charStsble company and hence for taklng reasonable steps for the
preventlon and detectlon of fiaud and other Irregularltles.
The trustees are responslble for the malntenaTKe and Integrity of the corp)rate and flnanclal
Informatlon included on the charitable company's webslte. Leglslatlon governlng the preparatlon and
d15semlnatlon of flnanclal statements may differ from leglslatlon In ot￿r 5urlsdldlons.
Small companles provlsloth ststement
Thls report has been prepared In accordan￿ with the small companles reglme under the Companles
Att 2006.
The annual report was appmved by the trustees of the charlty on
behalf by:
Mr D Felce
Trustee
Page 6

Good Old Furniture Available
Independent Examiner's Report to the trustees of Good Old Furniture
Available ('the Company,)
I report to the charity trustees on my examlnatlon of the accounts of the Company for the year ended
30 June 2022,
Responsibilities and basis of report
As the chèrlty's trustees of the Company (and also Its directors for the purposes of company law) you
are responslble for the preparatlon of the accounts in accordan￿ with the requlrements of the
Companies Act 2006 {'the 2006 Act,).
Havlng satisf(ed myself that the accounts of the Company are not required to be audlted under Part
16 of the 2006 Act and are ellglble for Independent examlnation, I report In respect of my
examinatlon of your charlty's accounts as carrled out under section 145 of the Charltles Act 2011 {'the
2011 Act,). In carrying out my examination I have followed the Directions glven by the Charity
Commlsslon under sectlon 145(5)(b) of the 2011 Act.
Independent examinerfs statement
I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In connectlon
with the examlnatlon glvlng me cause to believe.,
l. accounttng records were not kept in respect of Good Old Furnlture Avallable as required by
sectÉon 386 of the 2006 Act,. or
2. the accounts do not accord wlth those record5,' or
3. the accounts do not comply with the accountlng requlrements of section 396 of the 2006 Act
other than any reqLsirement that the accounts glve a 'true and falr vlew, which Is not a matter
consldered as part of an Independent examination. or
4. the accounts have not been prepared in accordance wlth the method5 and principles of the
Statement of Recommended Pract1￿ for accounting and reporting by charltles [appllcable to
charities preparing their accounts in accordance with the Flnanclal Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters In connectlon with the examinatlon to
which attentlon shoLJld be drawn In thls report In order to enable a proper urTrderstandlng of the
accounts to be reached,
Crane & Johnston
Chartered Certifled Accountants
11 Alverton Terrace
Penzance
Cornwall
TR18 4JH
10 March 2023
Page 7

Good Old Furniture Available
Statement of Financial Activities for the Year Ended 30 June 2022
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2022
Total
2021
Unrestrlcted Restrlcted
Note
Income and Endowments from:
Donatlons and legacles
Investment Inc￿Me
95,657
25
11,657
107,314
25
79,401
22
Total income
107 339
Expendlture on:
Charitable actlvities
Total expèndlture
Net income
Net movement in funds
15,401
15,401
1,241
Reconciliation of funds
Total funds brought forward
101410
71
101481
100 240
Total funds carrled fonward
17
116 811
71
116 882
101481
All of the charlty's activities derive from contlnulng operations during the above two perlods.
The notes on pages 10 to 18 fomi an integral part of these flnanclal statements.
Page 8

Good Old Furniture Available
(Reglstration number: 05407823)
Balance Sheet as at 30 June 2022
2022
2021
Note
Flxed assets
Tanglbk assets
li
26,853
31,336
Current a55ets
Debtors
Cash at bank and In hand
12
13
669
923
90,941
71,009
864
Creditors: Amounts falling due withln one year
14
912
Net (urvent assets
Net assets
116 882
101481
Funds of the charlty:
Restrlcted income funds
Restrtcted fund5
71
71
Unrestricte41 Income fund$
unres￿1Cted funds
116811
101410
Totsl funds
17
116 882
101481
For the flnanclal year ending 30 June 2022 the charlty was entitled to exemptlon from audit under
settion 477 of the Cmpanles Act 2006 relating to small companles.
Dlrectors, responslbllltles:
The members have not requlred the charlty to obtaln an audlt of Its accounts for the yew In
questl¢)n In accordance wlth sectlon 476. and
The dlrectors acknO￿edge thelr responslbllltles foi complylng with the requlrements of the Act
with respett to accounting rec￿lS and the preparatlon of accounts.
The financlal statements on pages 8 to 18 were approved by tIR trustees, and authorised for Issue on
É.14,2.l£tJ3Land signed on URlr behalf by,.
MrDFel
Trustee
Mr C Harrold
Trustse
The notes on pages 10 to 18 fom an Integral part of these flnanclal statements.
Page 9

Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
I Charlty status
The charity is Ilmited by guarantee, incorporated in England & Wales, and consequently does nol
have share capitsl. Each of the trustees is Ilable to contrlbute an amount not exceeding £1 towards
the assets of the charlty irk the event of IlquSdatlon.
The address of Its reglstered Off1￿ Is-
Ellls Square
Voundervour Lane
PENZANCE
TR18 4UH
2 Accounting policies
Summary of signlficant accountlng pollcles and key accounting estimates
The prlncipal accountlng policies applied iii the preparation of these financial statements are set out
below, These policTes have been corb51stently applled to all the years presented, unless otherwise
ststed.
statement ol compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charltles: Statement of Recommended Practice (applicable to charities preparing their accounts In
accordance with the Financial Reporting Standard applicable in the LIK and Republlc of Ireland {FRS
102)) (Issued In October 2019) (Charities SORP (FRS 102)), the Financial Reportlng Standard
appllcable In the UK and Republic of Ireland (FRS 102} aml the Companies Act 2006.
Isis of preparation
Good Old Furniture Avallable meets the definltion of a public benefit entity under FRS 102. Assets and
Ilabilltles are inltially recognised at historical cost or transactlon value unless othemlse stated In the
relevant accounting policy notes.
Going concern
The trustees consider that there are no materlal Un￿rtaIntleS about the charlty's abllity to continue as
a going concem nor any 51gnificant areas of uncertalnty that affect the carrySng value of assets held
by the charity.
Income and endowments
All income Is recognlsed On￿ the charlty has entitlement to the income, it 15 probable that the Income
will be retrlved and the amount of the income receEvable can be measured reliably.
Page 10

Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
Donations andlegacles
Donatlons are recagnlsed when the charity has L*en notified In wrltlng of both the amount and
settlement date. In the event that a donation is subject to conditSons that require a level OF
performan￿ by the charity before the charity is entitled to the funds, the Income is deferred and not
recognlsed untll elther those conditK)ns are fully met, or the fuifilment of those condition5 15 wholly
within the contml of the charlty and It is probable that these conditlons will be fulfilled In the
reportlng period.
Legacy glfts are recognlsed on a case by case basis following the grant of probate when the
adminlstratorlexecutor for the estate has communicated In wrltlng both the amount and settlement
date. In the event that the glft is In the form of an asset other than cash or a finanaal asset traded
on a recognlsed stod< exchange, recognition Is subject to the value of the gift being reliably
measurable with a degree of reasonable accuracy and the title to the asset havlng been transferred to
the charlty.
Grants receivable
Grants are recognised when charity has an entltlement to the funds and any condltlons Ilnked to
the grants have been met. Where performance conditions are attached to the grant and are yet to be
me¢ the income15 recognised as a liability and Included on the balance sheet as deferred Income to
be released.
Investment income
Bank interest is recognised On￿ received.
Expendlture
All expendlture is recognlsed once there Is a legal or constructlve obligatlon to that expenditure, it Is
probable settlement Is required and the amount can be measured rellably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category, Where costs cannot
be dlrectly attributed to particular headlngs they have been allocated on a basis consistent with the
use of resources, wlth central staff costs allocated on the basis of tlme spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Charltable actlvltles
Charltable expendlture comprlses those costs incurred by the charity In the delivery of Its actlvltles
and servlces for its beneficiaries, It includes both costs that can be allocated directly to such actlvltles
and those costs of an IndSrect nature ne￿sSary to 5UPPOrt them,
Support costs
Support costs include central functions and have been allocated to actNity cost categories on a basis
consistent with the use of resources, for example, allocating property costs by floor areas, or per
capits, staff costs by the time stEnt and other costs by thelr usage.
Page 11

Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
Governance costs
These include the costs attrlbutable to the charity's complIan￿ wlth constltutlonal and statutory
requlrements, includlng Independent examinatlon, strategic management and trustees's meetings and
relmbursed expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of
the asset received or re￿[vable. Grants- are clas51fled a5 relating elther to rovenue or to assets.
Grants relating to revenue are recognlsed In Income over the period In which the related costs are
recA)gnised. Grants relatlng to assets are recognlsed over the expected useftjl Ilfe of the asset, Where
part of a grant relating to an asset Is deferred, It Is recognised as deferred income.
Taxation
The charlty Is consKlered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Act 2010
and therefore It meets the definltion of a charitable company for UK corporadon tax purpose5.
Accordinglyi the charlty is potentially exempt from tsxatlon in respect of Income or capital galns
recdved wlthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxatlon of Chargeable Gains Act 1992, to the extent that such income or galns are
applied exclusively to charitable purwses.
Tangible fixed assets
Individual flxed assets costing £1,000.00 or more are inltlally recorded at cost.
Depreclatlon and amortlsatlon
Depreciation is provided on tanglble flxed assets so as to wrlte off the cost or valuation, less any
e5￿Mated residual value, over thelr expected useful economic life as follows:
Asset class
Equlpment
Motor Vehicles
Bullding Improvements
Depreclatlon method and rate
15-20% reduclng balan
250/0 reducing balance
5010 Straight Ilne
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or SeNi￿S performed In the
ordinary course of buslness.
Trade debtors are recogn15ed Inltially at the transactlon price. They are subsequentty measured at
amortised cost using the effectlve Interest method, less provlslon for Impairment. A provision for the
impairment of trade debtors Is establlshed when there 15 objective evidence that the charity will not
be able to collect all amounts due accordlng to the original terms of the re￿1vableS.
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Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
Cash and cash equlvalents
Cash and cash equivalents comprise cash on hand and call deposlts, and other short-term hlghly
1Squld Investments that are readlly convertible to a known amount of cash and are subject to art
Inslgnlflcant r15k of change in value.
Fund structure
Unrestricted Sncome funds are general funds that are avallable for use at the trustees dlscretion In
furtherance of the objectlves of the charity.
Designal'ed funds are unrestrlcted funds set aslde for specific purposes at the dlscretlon of the
trustees.
Restrlcted Income funds are those donated for use In a partlcular area or for speciflc purposes, the
use of which Is restricted to that area or purpx)se.
Pens50ns and other post retlrement obllgatlons
The cliarity operates a defined contribution pension scheme whlch Is a ￿nSIon plaF) under which
fixed contributlOn5 are paid into a pension fund and the charity has no legal or constructive obligation
tr) pay furtrhor contrlbutions even if the fund does not hold sufficient assets to pay all employee5 the
benefits relatlng to employee seNlce in the current and prlor perlods.
Contributlons to deflned contrlbutlon plans are recognised In the Statement of Financial Activlties
when they are due, If contribution payments exceed the contrlbution due for servlce, the excess is
recognised as a p￿payMent,
3 Income from donatlons and legacies
Unrestrlcted
funds
General
Restrlcted
fullds
Total
2022
Total
2021
Donatlons for dellvery charge,.
Donatlons from individuals
Donatlons for dellvery charges
Grants, inclL¢dlng capital grants;
Government grants
Grants from other
organlsatlons
93,635
1,372
93,635
1,372
53,736
1,665
11,657
11,657
18,871
650
650
107 314
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Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
4 Investment income
Unrestrlcted
fund5
General
Total
2022
Total
2021
Interest receivable and similar income,.
Interest re￿1vable on bank deposits
25
25
22
S Expendlture on charitable activities
Unrestricted
funds
General
Restrlcted
funds
Total
2022
Total
2021
Note
Purchases
Depreciation
Volunteer extknses
Rent
Rate5
Llght, heat and
power
Insuran
Repairs and
malntenance
Telephone and fax
Envlronmental
management
Printingi Postage
and ststlonery
Sundry expense5
Motor expenses
Bank charge5
Staff costs
Governance costs
302
4,4B3
560
7,320
246
302
4,483
560
7,320
246
1,524
5,240
1,421
4,200
246
2,614
842
2,614
842
979
805
1,813
1,014
1,813
1,014
3,283
934
554
554
475
648
2,157
10,181
914
45,320
648
2,157
10,181
914
56,977
770
2,842
6,888
617
47,094
864
11,657
addltion to the expenditure analysed above, there are also governan￿ costs of £1,313 (2021
£864) whlch relate dlrectly to charitable activltles. See note 6 for further detalls.
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Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
6 Analysis of governance and support costs
Governance costs
Unrestricted
funds
General
Total
2022
Total
2021
Independent examiner fees
Examination of the financlal statements
Marketlng and publicity
912
401
912
401
864
7 Trustees remuneration and expenses
No trustees, nor any persons connected wlth them, have recelved any remuneration from the charlty
durlng the year.
No L'rustees have re￿IVed any relmbursed expenses or ary other b￿efits from the charity durlng the
year.
8 Staff costs
The aggregate payroll costs were as follows.,
2022
2021
staff costs durlng the year were:
Wages and salaries
Pension costs
55,742
45,854
The monthly average number of persons (Includlng senlor management I leadershlp team) employed
by the charlty during the year expressed as full tlme equivalent5 was as follows:
2022
No
2021
No
Management and adm5nistratbn
No employee re￿iVed emoluments of more than £60,000 durlng the year.
The total employee beneflts of the key management personnel of the charlty were £28,430 (2021
E28,386).
Page 15

Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
9 Independent examiner's remuneration
2022
2021
Examination of the financlal statements
912
864
IOTaxatlon
The charlty is a reglstered charlty and Is therefore exempt from taxatlon.
IITanglble flxed assets
Furnsture
and
equipment
Land and
bulldlngs
Motor
vehFcles
Total
Cost
At l July 2021
At 30 June 2022
Depreclatlon
At l July 2021
Charge for the year
20,232
24,192
5,356
60
49,780
At 30 June 2022
Net book value
At 30 June 2022
339
At 30 June 2021
399
12 Debtors
2022
2021
Prepayments
669
923
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Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
13Cash and cash equivalents
2022
2021
Cash on hand
Cash at bank
7,549
2,272
14 Creditors: amounts falling due within one year
2022
2021
Accruals
912
864
15 Obligations under leases and hlre purchase contracts
Operating lease commltments
Totsl future minimum lease payments under non-cancellable operatiro leases are as follows,,
2022
2021
Land and buildings
WSthSn one year
Between one and fNe years
5,500
5,500
16 Pension and other schemes
Defined contributlon penslon scheme
The charity operates a deflned contrlbution pension scheme. The penslon cost charge for the year
represents contrlbutlons payable by the charity to the scheme and amount￿ to É1,235 (2021
£1,240).
Page 17

Good Old Furniture Available
Notes to the Financial Statements for the Year Ended 30 June 2022
17Funds
Balance at
X July
2021
Balance at
30 June
2022
Incoming Resources
resources
expended Transfers
Unrestrlcted funds
General
40,897
95,682
(80,281)
(5,150)
51,148
Deslgnated
Total unrestrlcted funds
101,410
71
95,682
(80,281)
116,811
71
Restricted funds
11657
Total funds
101481
116 882
18Analysis of net assets between funds
Unrestrlcted
funds
General
Total funds
at 30 Juno
2022
Restricted
funds
Tar)glble flxed assets
Current a￿ets
Current Ilabllltle5
26,853
90,870
912
26,853
90,941
912
71
Total net assets
116 811
71
116882
19 Control
The ultlmate controlling party Is the Trustees who are all Dlrectors of the company.
Page 18