2023-09-30-accounts - Doncaster Refurnish

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		Page
Report ofthe Trustees	1	to	8
Report ofthe Independent Auditors	9	to	10
Statement of Financial Activities
Balance Sheet		12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	to	24

10,782		Households received bulky waste collections
25,371		Low income households accessing affordable furniture		and household		goods
5		People undertaking training work placements
5		SEN people undertaking training work placements
30		People volunteering within Refurnish
4		Young Offenders engaged in training work placements
4		Students/school children engaged in educational	activities
120		Children and their families engaged through the Spirit		ofChristmas	event
34		3rd Sector Community Organisations supported
Refurnish	works with a mix of providers to meet its charitable aims		and	objectives.	54.8	% ofwhich are 3rd sector organisations,	17.7%are Public	sector
organisations		and 27.4%are Private sector organisations.

The Management Team Are:	The Management Team Are:
Andy Simpson - Chief Executive
Pete Child - Business Quality Analyst
J Bratby	- Finance Officer
C Makuh	- HR Officer
S Khan-	Retail Team Leader
A Miller-	Retail Team Leader
SSlack-	Production Team Leader
J Owens-	Expressions Team Leader
A Wood-	Logistic Team Leader
D Valiance- BDRTeam Leader

			For The Year En	ded 30Se tembe	r 2023
						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	E	f	f
INCOME AND ENDOWMENTS		FROM
Donations	and legacies			58,096	29,400	87,496	80,987
Charitable	activities
Retail				1,803,032		1,803,032	1,510,720
COVID support grants							1,734
Investment	income			183		183	844
Total				1,861,311	29,400	1,890,711	1,594,285
EXPENDITURE ON
Charitable	activities
Grant funding activities					54,112	54,112	4,000
Retail				1,726,327	3,922	1,730,249	1,523,851
Total				1,726,327	58,034	1,784,361	1,527,851
NET INCOME/(EXPENDITURE)				134,984	(28,634)	106,350	66,434
RECONCILIATION OF FUNDS
Total funds	brought forward			590,622	28,922	619,544	553,110
TOTAL FUNDS CARRIED FORWARD				725,606	288	725,894	619,544

	Balance Sheet 30Se tember 2023
		2023	2022
	Notes		E
FIXEDASSETS
Tangible assets	12	78,711	114,618
CURRENT ASSETS
Stocks	13	14,809	13,138
Debtors	14	123,728	113,357
Cash at bank and in hand		598,997	480,518
		737,534	607,013
CREDITORS
Amounts falling due within one year	15	(90,351)	(102,087)
NET CURRENT ASSETS		647,183	504,926
TOTAL ASSETS LESSCURRENT LIABILITIES		725,894	619,544
NET ASSETS		725,894	619,544
FUNDS	19
Unrestricted funds:
General Fund		725,606	590,622
Restricted funds		288	28,922
TOTAL FUNDS		725,894	619,544

					For	The Year Ended 30	Se tember 2023
							2023	2022
						Notes	E	E
Cash flows from	operating	activities
Cash generated from operations							118,954	45,848
Interest paid							(546)	(41)
Net cash provided	by operating		activities				118,408	45,807
Cash flows from	investing	activities
Purchase oftangible fixed assets							(3,162)	(95,772)
Sale oftangible fixed assets							250	1,250
Interest received							183	11
Net cash used in	investing activities						(2,729)	(94,511)
Cash flows from	financing	activities
New loans in year							11,200
Loan repayments	in year						(8,400)
Net cash provided	by financing		activities				2,800
Change in cash and cash		equivalents		in the
reporting period							118,479	(48,704)
Cash and cash equivalents		at	the beginning		ofthe
reporting period							480,518	529,222
Cash and cash equivalents		at	the end	ofthe
reporting period							598,997	480,518

								2023	2022
Net income	for the	reporting			period (as per the Statement	ofFinancial Activities)		106,350	66,434
Adjustments	for:
Depreciation	charges							39,069	38,081
Profit on disposal of		fixed assets						(250)	(1,250)
Interest received								(183)	(11)
Interest paid								546	41
Increase in stocks								(1,671)	(3,946)
(Increase)/decrease		in	debtors					(10,371)	12,510
Decrease in	creditors							(14,536)	(66,011)
Net cash provided		by	operations					118,954	45,848
ANALYSIS OF CHANGES				IN	NET FUNDS
						At	1.10.22	Cash flow	At 30.9.23
							f	f	f
Net cash
Cash at bank and in		hand					480,518	118,479	598,997
							480,518	118,479	598,997
Debt
Debts falling	due within		1 year					(2,800)	(2,800)
								(2,800)	(2,800)
Total							480,518	115,679	596,197

				For The Year Ended 30Se tember	2023
3.	DONATIONS AND LEGACIES
					2023	2022
	Grants				29,400	25,000
	Donations				58,096	55,987
					87,496	80,987
	Grants received, included		in the above,	are as follows:
					2023	2022
	South Yorkshire Key Fund				4,400
	Well Doncaster	Public Health DMBC			25,000	25,000
					29,400	25,000
4.	INVESTMENT	INCOME
					2023	2022
	Rental income					833
	Bank interest receivable				183	11
					183	844
5.	INCOME FROM CHARITABLE ACTIVITIES
					2023	2022
				Activity	f	F
	Sale ofgoods and services			Retail	1,803,032	1,510,720
	COVID support	grants		COVID support grants		1,734
					1,803,032	1,512,454
6.	CHARITABLE	ACTIVITIES COSTS
						Support
						costs (see
						note 7)
	Grant funding activities					54,112
	Retail					1,730,249
						1,784,361

SUPPORT C	O	STS
											Governance
										Management		costs f		Totals f
Grant funding		activities								54,112				54,112
Retail										1,697,537		32,712		1,730,249
										1,751,649		32,712		1,784,361
The 2022 comparatives			have	been		restated	to include	balances	totalling	f261,657 which were	included	in raising	funds	- other tradi
activities. These are now			showing		in support costs - retail			management	costs.
Support costs,		included	in the above,			are as follows:
Management
												2023		2022
								Grant
								funding				Total		Total
								activities		Retail	activities			activities
												f		f
Wages and salaries									49,712	899,183		948,895		792,920
Social security										61,487		61,487		53,889
Pensions										23,393		23,393		20,966
Rent										121,417		121,417		127,431
Rates and water										18,272		18,272		12,539
Insurance										15,044		15,044		15,992
Light and heat										41,100		41,100		42,980
Telephone										9,831		9,831		16,776
Printing, postage and stationery										5,388		5,388		3,191
Advertising														309
Sundries										590		590
Repairs and maintenance									4,400	19,589		23,989		4,174
Motor vehicle	expenses									56,552		56,552		47,901
Hire ofequipment										20,975		20,975		27,843
Travelling expenses										12,279		12,279		11,429
Staff training	and welfare									3,348		3,348		1,695
Work wear										3,054		3,054		2,277
Bank charges										13,962		13,962		10,818
Subscriptions										6,515		6,515		5,018
General expenses										1,004		1,004		1,898
Opening stock										13,138		13,138		9,192
Purchases										311,236		311,236		253,761
Closing stock										(14,809)		(14,809)		(13,138)
Other costs										15,623		15,623		11,842
Depreciation										39,070		39,070		38,081
Profit on sale	oftangible		fixed assets							(250)		(250)		(1,250)
Interest payable										546		546
									54,112	1,697,537		1,751,649		1,498,534

SUPPORT COSTS - c Governance costs	ontinued
		2023	2022
			Total
		Retail	activities
		f	f
Auditors' remuneration		7,000	7,000
Accountancy and legal	fees	25,712	22,276
Loan interest			41
		32,712	29,317
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		2023	2022
		f	f
Auditors' remuneration		7,000	7,000
Depreciation -owned assets		39,069	38,081
Other operating leases		121,417	127,431
Surplus on disposal of	fixed assets	(250)	(1,250)

STAFF COS	T	S
						2023	2022
						f	f
Wages and salaries						948,895	792,920
Social security		costs				61,487	53,889
Other pension		costs				23,393	20,966
						1,033,775	867,775
The average	monthly		number ofemployees		during the year was as follows:
						2023	2022
Chief executive						1	1
Managers						9	8
Sales and delivery						14	12
Administration		and support				3	3
Production and		appliance		operatives		19	16
Technicians						4	3
						50	43

COMPARATIVES FOR THE ST	ATEMENT OF FINANCIAL A	CTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
		f	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies		55,987	25,000	80,987
Charitable activities
Retail		1,510,720		1,510,720
COVID support grants		1,734		1,734
Investment income		844		844
Total		1,569,285	25,000	1,594,285
EXPENDITURE ON
Charitable activities
Grant funding activities			4,000	4,000
Retail		1,523,851		1,523,851
Total		1,523,851	4,000	1,527,851
NET INCOME		45,434	21,000	66,434
RECONCILIATION OF FUNDS
Total funds brought forward		545,188	7,922	553,110
TOTAL FUNDS CARRIED FORWARD		590,622	28,922	619,544

12.	TANGIBLE FIXEDASS	ETS
				Fixtures,
				fittings
			Plant and	and	Motor
			machinery	equipment	vehicles	Totals
	COST
	At 1 October 2022		48,743	110,521	226,296	385,560
	Additions		263	2,899		3,162
	Disposals				(5,992)	(5,992)
	At 30September 2023		49,006	113,420	220,304	382,730
	DEPRECIATION
	At 1 October 2022		44,928	105,044	120,970	270,942
	Charge for year		1,442	2,886	34,741	39,069
	Eliminated on disposal				(5,992)	(5,992)
	At 30September 2023		46,370	107,930	149,719	304,019
	NET BOOK VALUE
	At 30September 2023		2,636	5,490	70,585	78,711
	At 30September 2022		3,815	5,477	105,326	114,618
13.	STOCKS
					2023	2022
					f	f
	Stocks				14,809	13,138
14.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					2023	2022
					F.
	Trade debtors				79,023	71,734
	Other debtors				6,013	6,392
	Prepayments and accrued income				38,692	35,231
					123,728	113,357

CREDITORS: AMOUN	TS FALLING DUE WITHIN ONE YEAR
		2023	2022
Other loans (see note	16)	2,800
Trade creditors		34,792	34,489
Other taxes and social	security	14,768	9,144
Accruals and deferred	income	37,991	58,454
		90,351	102,087

						2023	2022
						F.	F
Amounts	falling due within	one year on demand:
Key Fund	loan					2,800
LEASING AGREEMENTS
Minimum	lease payments	under non-cancellable	operating	leases fall due as follows:
					2023		2022
							E
Within one year					46,628		79,052
Between	one and five years				1,627		3,255
					48,255		82,307

						2023	2022
		Unrestricted	Fund	Restricted	Fund	Total Funds	Total Funds
		E		F		F	f
Fixed assets			78,711			78,711	114,618
Current	assets	737,246			288	737,534	607,013
Current	liabilities		(90,351)			(90,351)	(102,087)
Long term liabilities
		725,606			288	725,894	619,544

							Net
						At	movement	At
						1.10.22	in funds	30.9.23
							f	f
Unrestricted funds
General	Fund					590,622	134,984	725,606
Restricted funds
DMBC -	Renourishing		Food Banks			3,922	(3,922)
Well Doncaster		Public	Health	DMBC		25,000	(24,712)	288
						28,922	(28,634)	288
TOTAL	FUNDS					619,544	106,350	725,894
Net movement in funds, included					in the above are as follows:
						Incoming	Resources	Movement
						resources	expended f	in funds f
Unrestricted funds
General	Fund					1,861,311	(1,726,327)	134,984
Restricted funds
DMBC -	Renourishing		Food Banks				(3,922)	(3,922)
Well Doncaster		Public	Health	DMBC		25,000	(49,712)	(24,712)
Keyfund-	Lighting					4,400	(4,400)
						29,400	(58,034)	(28,634)
TOTAL	FUNDS					1,890,711	(1,784,361)	106,350
Comparatives		for movement		in	funds
							Net
						At	movement	At
						1.10.21	in funds	30.9.22
								f
Unrestricted funds
General	Fund					545,188	45,434	590,622
Restricted funds
DMBC -	Pump Prime					4,000	(4,000)
DMBC -	Renourishing		Food Banks			3,922		3,922
Well Doncaster		Public	Health	DMBC			25,000	25,000
						7,922	21,000	28,922
TOTAL	FUNDS					553,110	66,434	619,544

				Incoming	Resources	Movement
				resources	expended f	in funds f
Unrestricted	funds
General Fund				1,569,285	(1,523,851)	45,434
Restricted funds
DMBC - Pump	Prime				(4,000)	(4,000)
Well Doncaster Public Health DMBC				25,000		25,000
				25,000	(4,000)	21,000
TOTAL FUNDS				1,594,285	(1,527,851)	66,434
Purposes of	restricted funds
DMBC - Pump	Prime
Funding for work carried out to build a partnership		application	for funding.