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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|
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|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.|||||||
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|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||
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||||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|
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||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|
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||||||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|
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|||||||||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|
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|||||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|
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|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|
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|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)|
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|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|
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|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|
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|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|
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|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|
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|||||||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|
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||||||||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|
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|||||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.||||
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