2021-03-31-accounts - Community Furniture Store (York) Ltd

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			Page
Report ofthe	trustees		1-6
Report ofthe	independent	examiner	7-8
Statement of	financial activities (including
income and	expenditure	account)
Balance sheet			10-11
Cash flow statement			12
Notes to the financial statements			13-21
The following	pages do	not form part ofthe
statutory financial statements:
Detailed statement offinancial activities			22-24

Registered	company	05748697 (England	05748697 (England	and	Wales)
Registered	charity number	1114605
Registered	office	Unit 29, The Raylor		Centre
		James Street
		York
		YO10 3DW
Trustees/directors		Matthew W Knight		(Chair)
		Laura Walker (appointed			17November	2020;
		Treasurer from	1 April		2021)
		D Graham Mitchell (Treasurer to 1 April				2021)
		Rosalind M Batchelor
		Sally Dillon
		Matthew Farrelly
		Thomas C Jenkins
		Michael Kirby
		Nicola A Mooney
		Susan EPearson
		Emma C Taylor
Chief Officer		Andrew Waites
Store Manager		Joanne Lansell
Independent	Examiner	Peter D Hughes,	F.C.A.
		P D Hughes Consultancy			Services Ltd
		11Sails Drive
		York
		YO103LR

					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
					2021	2021	2021	2020
Income
Donations and grants				2	75,686	86,092	161,778	21,189
Income from charitable		activities		3	408,738		408,738	551,928
Investment income				4	11		11	65
Total income					484435	86 092	570 527	573 182
Expenditure
Expenditure on charitable			activities	5	492 962	84416	577 378	564 766
Total expenditure					492962	84416	577378	564766
Net (expenditure)/income			and net
movement in funds for			the year	6	(8,527)	1,676	(6,851)	8,416
Reconciliation offunds
Total funds brought	forward				117512	737	118249	109833
Total funds carried	forward				108985	2 413	111398	118249

			Note
				2021	2020
Fixed assets
Intangible assets			9	1,403	2,094
Tangible assets			10	38 816	43 706
				40219	45 800
Current assets
Stocks			11	12,288	9,405
Debtors			12	38,448	38,036
Cash at bank and in	hand			46 882	36 070
				97,618	82,511
Liabilities
Creditors: amounts	falling	due within one year	13	~26 439	~10062
Net current assets				71 179	72 449
Net assets				111398	118249
The funds ofthe charity
Unrestricted income	funds		15	108,985	117,512
Restricted income funds			15	2413	737
Total charity funds				111398	~tt 249

			2021	2021		2020
Cash generated from operating	activities:
Net (expenditure)/income for the	year	(6,851)			8,416
Reconciliation to net cash inflow
from operations:
(Increase) in stocks		(2,883)			(1,820)
(Increase)/decrease in debtors		(412)			4,468
Increase/(decrease) in creditors		16,377			(739)
Profit on disposal oftangible fixed assets		(1,250)			(103)
Loss on disposal oftangible fixed assets					268
Depreciation oftangible fixed assets		6,760			12.916
Amortisation ofintangible fixed assets		691			1 031
Net cash inflow from operating	activities		12.432			24.437
Investing activities
Purchase oftangible fixed assets		(1.870)			(28.645)
Disposal oftangible fixed assets		1 250			3 825
				620		24 820
Net increase/(decrease) in cash			11,812			(383)
Cash at bank and in hand at the beginning
ofthe year			35.070			35.453
Cash at bank and in hand at the end ofthe year			~46	8		~3970

Plant and	machinery	20%reducing	balance
Fixtures	and fittings	8 or 10years	straight	line
Motor vehicles		20%reducing	balance
Computer	equipment	33%reducing	balance
Computer	software	33%reducing	balance

2 Donation	s a	nd grants
			2021	2020
Donations	and	grants	~161 7 8	21 189

Shop income		369,694	495,481
Gift Aid tax credit		7,127	13,086
Management charges		21,464	30,720
Recharges ofoverheads	to associated charities	9,553	12,454
Sundry income		900	187
		408 738	661 928

5 Analysis of expenditure on ch	aritable activities
		2021	2020
			(restated)
Direct costs:
Cost ofgoods sold		201,637	170,461
Brokerage fees		70	64
Purchases ofgoods and services	for recharge	624	28
		202 331	170 553
Support costs:
Wages and salaries		228,651	242,014
General office costs		132,870	136,042
Accountancy		1,500	3,787
Legal and professional		8 167	7 684
		371 188	389527
Governance costs:
Wages and salaries		1,959	2,023
Accountancy and independent	examination	1 900	2 663
		3 859	4 686
		577~8	564 766

Depreciation oftangible fixed assets —owned assets	Depreciation oftangible fixed assets —owned assets	6,760	12,916
Amortisation ofintangible fixed assets —owned assets		691	1,031
Profit on disposal oftangible fixed assets		(1,250)	(103)
Loss on disposal oftangible fixed assets			268
Fees paid to independent examiner:
Independent examination		750	750
Other accountancy, VAT and consultancy	services	2,650	5,700

8 StatT costs
			2021	2020
Wages and salaries			228,289	227,138
Social security costs			12,895	15,107
Payments to defined contribution	pension	schemes	1 470	] 792
			242 634	244 037

9I	ntangible	fixed assets
			Computer
			software
Cost:
At	1 April 2020		6,434
Disposals
At	31 March	2021	6434
Amortisation:
At	1 April 2020		4,340
Less on disposals
Amortisation		for the year	691
At	31 March	2021	5 031
Net	book value:
At	31 March	2021	1 403
At	31March	2020	2 094

		Plant &	Fixtures &	Motor	Computer
		machinery	fittings	vehicles	equipment	Total
Cost:
At I April 2020		2,005	8,496	91,816	15,235	117,552
Additions		646			1,224	1,870
Disposals				~3750		~3750
At 31 March	2021	2 651	8496	88066	16459	115673
Depreciation:
At 1 April 2020		1,812	6,320	54,588	11,126	73,846
Less on disposals				(3,750)		(3,750)
Depreciation	for the year	82	589	4387	1 702	6 760
At 31March	2021	1 894	6909	55 225	12 828	76 856
Net book value:
At 31March	2021	757	~187	32 841	3 631	~381
At 31 March	2020	193	2 176	37 228	4 109	43 706

12Debtors
				2021	2020
Trade debtors				6,380	8,310
Amounts due from associated undertakings			(note 16)	7,280	17,280
Other debtors:
VAT repayment				2,786	288
Gift Aid tax credit				7,127	8,508
Grants due				5, 151
Prepayments	and accrued income			9 724	3 650
				38 448	8 036
13Creditors:	amounts	falling due within	one year
Trade creditors				13,896	4,606
Accruals and deferred		income		12 543	5 456
				26 439	10062

		General	Designated	Restricted	Total
		fund	funds	funds	funds
Intangible	fixed assets	1,403			1,403
Tangible	fixed assets	38,816			38,816
Current assets		65,205	30„000	2,413	97,618
Creditors:	amounts falling
due within one year		26 439			~26 439
Net assets	at 31March 2021	78 985	30000	2 413	ill 398

			1 April	Income	Expenditure	31March
			2020			2021
Unrestricted		income funds:
General fund			87,512	484,435	(492,962)	78,985
Designated		fund	30000			30000
			117512	484 435	~492 962	108985
Restricted	income funds:
Covid relief				52,000	(52,000)
ITre-use				7,554	(5,141)	2,413
Salaries and		rent		26,538	(26,538)
Workshop	tools		737		~737
			737	86 092	~84 416	2413
Total funds			118249	570527	L577 3283	ill 398

	2021	2020
Within one year	60,283	56,817
Between one and five years	226,469	239,333
Over five years	180776	180933
	467 528	4~7 083

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
INCOME
Donations and grants
Grants		75„676	81,092	156,768	20,669
Donations		10	5 000	5010	520
		75 686	86092	161 778	21 189
Income from charitable	activities
Shop income		369,694		369,694	495,481
Gift Aid tax credit		7,127		7,127	13,086
Management charges		21,464		21,464	30,720
Recharges ofoverheads	to Selby and
Ryedale stores		9,553		9,553	12,454
Sundry income		900		900	187
		408 738		408 738	551 928
Investment income
Deposit account interest
Total income		484 435	86 092	570 527	573 182
EXPENDITURE (see page 24)		492 962	84416	577378	564 766
NET (EXPENDITURE)/INCOME		8 527	~16 6	Q6 8~1	8 416

				Unrestricted	Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
					2021	2021	2021	2020
								(restated)
EXPENDITURE
Expenditure on charitable			activities
Cost ofsales:
Cost ofgoods sold					201,637		201,637	170,461
Brokerage fees					70		70	64
Cost ofgoods and	services recharged
to associated charities					624		624	28
					202 331		202 331	170553
Support costs:
Wages and salaries					145,863	82,788	228,651	242,014
Redundancy payment					12,044		12,044
Rent and rates					56,809		56,809	51,609
Insurance					3,847		3,847	3,287
Light and heat					3,454		3,454	3,933
Building maintenance					12,953		12,953	1,157
Telephone					1,989		1,989	1,779
Postage and stationery					4,518		4,518	5,877
Advertising					907		907	11,376
Membership fees					1,394		1,394	1,471
Staff entertainment	and	gifts			407		407	811
Uniforms and personal		protective		equipment	1,159		1,159	1,067
Training					560		560	878
Motor and travel expenses					14,182		14,182	24,335
Software support					7,655		7„655	9,570
Legal and professional					8,167		8,167	7,684
Accountancy					1,500		1,500	3,787
Waste recycling					921		921	376
Collection ofscrap								100
Compensation payable								165
Workshop project						1,628	1,628	113
Sundry expenditure					313		313	385
Depreciation oftangible		fixed assets			6 760		6 760	12916
Carried forward					285,402	84,416	369,818	384,690

	Unrestricted	Unrestricted	Restricted	Total	Total
		funds	funds	fullds	funds
		2021	2021	2021	2020
					(restated)
EXPENDITURE (continued)
Expenditure on charitable	activities
(continued)
Support costs (continued)
Brought forward		285,402	84,416	369,818	384,690
Amortisation ofintangible	fixed assets	691		691	1,031
Profit on disposal oftangible fixed assets		(1,250)		(1,250)	(103)
Loss on disposal oftangible	fixed assets				268
Bank charges and interest		1 929		I 929	3 641
		286 772	84416	371 188	389527
Governance costs:
Wages and salaries		1,959		1,959	2,023
Accountancy		1 900		I 900	2 663
		3 859		3 859	4 686
Total expenditure		492 962	84416	577 378	564 766