2021-12-31-accounts - Storeroom 2010

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			TC Day
			BM AS Rouse
			R Gully
			P Noctor
			T Day (appointed	9.9.21)
			E M Mackenzie	(appointed		9.9.21)
REGISTERED OFFICE			1Mariners Way
			Cowes
			isle ofWight
			F031BPD
REGISTERED COMPANY		NUMBER	07488966 (England		and Wales)
REGISTERED CHARITY NUMBER			1142010
INDEPENDENT	EXAMINER		Bright Brown Umited
			Chartered Accountants
			Exchange House
			St.Cross Lane
			Newport
			Isle ofWight
			PQ30 SBZ

								2021	2020
						Unrestricted	Restricted	Tota I	Tota I
						funds	funds	funds	funds
					Notes	6	f	E	6
INCOME AND ENDOWMENTS		FROM
Donations and legacies						568	1,990	2,558	2,847
Charitable activities
Prevention and relief of poverty			and protection	and
preservation ofthe	environment					207,776		207,776	241,979
Men in Sheds							22,163	22,163	68,211
Other trading activities						2,136		2,136	1,978
Investment income						12		12	97
Other income									2,133
Total						210,492	24,153	234,645	317,245
EXPENDITURE ON
Charitable activities
Prevention and relief of poverty			and protection	and
preservation ofthe	environment					200,743	947	201,690	205,243
Men in Sheds						2,700	40,476	43,176	32,030
Total						203,443	41,423	244,866	237,273
NET INCOME/(EXPENDITURE)						7,049	(17,270)	(10,221)	79,972
Transfers between	funds				20	24,028	(24,028)
Net movement In funds						31,077	(41,298)	(10,221)	79,972
RECONCILIATION OF FUNDS
Total funds brought	forward					415,049	69,265	484,314	404,342
TOTAL FUNDS CARRIED FORWARD						446,126	27,967	474,093	484,314

Freehold property	not provided
Improvements to property	not provided
Plant and machinery	2SN on cost
Motor vehicles	2596on cost
Computer equipment	2SN on cost

	DONATIONS AN	D LEGACIES
								2021	2020
					Unrestricted		Restricted	Total	Total
					funds		funds	funds	funds
					6		E	f	E
	Donations				568		1,990	2,558	2,847
3.	OTHER TRADING	ACTIVITIES
								2021	2020
					Unrestricted		Restricted	Tota I	Total
					funds		funds	funds	funds
					6		6	6	f
	Sale of MIS goods				2,136			2,136	1,978
4.	INVESTMENT INCOME
								2021	2020
					Unrestncted		Restricted	Total	Tota	I
					funds		funds	funds	funds
					f		6	6	E
	Deposit account	interest			12			12	97
	INCOME FROM	CHARITABLE	ACTIVITIES
								2021	2020
			Activity					6	f
			Prevention	and	relief of poverty	and	protection
	Sale ofdonated	goods	and preservation		ofthe environment			161,283	155,170
			Prevention	and	relief of poverty	and	protection
	Gift aid		and preservation		ofthe environment			3,021	6,092
			Prevention	and	relief of poverty	and	protection
	Bulky waste contract		and preservation		ofthe environment				8,632
			Prevention	and	relief of poverty	and	protection
	Grants		and preservation		ofthe environment			42,889	71,252
			Prevention	and	relief of poverty	and	protection
	Sl-IG admin fees		and preservation		ofthe environment			583	833
	Grants		Men in Sheds					22,163	68,061
	Room and facilities hire		Men in Sheds						150
								229,939	310,190

					2021f	2020 f
Men in Sheds Power To Change Coronavirus lob Retention Scheme Retail, Hospitality and l.eisure Grant Fund Idckstart Scheme					22,163 18,824 16,500 7,565	58,061 24,998 19,254 37,000
					65,052	139,313
CHARITABLE ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 7) E	note 8) f	Totalsf
Prevention and relief of poverty			and
protection and preservation		ofthe
environment				198,514	3,176	201,690
Men in Sheds				42,783	393	43,176
				241,297	3,569	244,866
DIRECT COSTS OF	CHARITABLE		ACTIVITIES
					2021	2020
					F.	6
Staff costs					165,117	160,073
Hire ofplant and machinery					1,242	1,614
Insurance					5,979	5,717
Light, heat and water					4,299	4,262
Telephone					1,620	1,337
Postage and stationery					1,200	945
Advertising					1,860	822
Sundries					1,708	1,077
Health care					1,572	1,502
Motor and travel expenses					11,205	11,972
Volunteers' expenses					1,055	959
Professional fees					1,453	1,638
Repairs and renewals					7,449	1,514
Subscriptions					1,917	1,521
Refreshments					1,388	1,612
Staff training					625	365
Streamline charges					1,482	1,106
Depreciation					15,036	19,249
Loss on sale ofassets					(3,271)	(3,436)
Interest payable and similar		charges			18,361	19,683
					241,297	233,532

SUPPORT	COST	S
				Governance
				costs
				6
Prevention	and	relief of poverty	and protection
and preservation		ofthe environment		3,176
Men in Sheds				393
				3,569

Governance	costs
									2021	2020
						Prevention
						and
						relief of
						poverty
						and
						protection
						and
						preservation
						ofthe	Men	in	Total	Tota	I
						environment	Sheds		activities	activities
						6	6		6	6
Professional	fees					61			61	156
Independent	examiners'	fees				1,394		176	1,570	1,980
Independent	examiners'	fees	for	other	serwces	1,721		217	1,938	1,605
						3,176		393	3,569	3,741

			2021	2020
			6	f
Depreciation		-owned assets	15,036	19,249
Hire of	plant	and machmery	1,242	1,614
Surplus	on disposal offixed assets		(3,271)	(3,436)

				Unrestricted	Restricted	Total
				fundsf	funds f	funds f
INCOME AND ENDOWMENTS	FROM
Donations and legacies				557	2,290	2,S47
Charitable activities
Prevention and relief of poverty		and protection	and
preservation ofthe environment				216,981	24,998	241,979
Men in Sheds				10,150	58,061	68,211
Other trading activities				1,978		1,978
Investment income				97		97
Otherincome				2,133		2,133
Total				231,896	85,349	317,245
EXPENDITURE ON

13.	COMPARATIVES FO	R THE STAT	EMENT OF FINA	NCIAL ACTIVITIES	- continued
					Unrestricted	Restricted	Total
					funds	funds	funds
					6	6	f
	Charitable activities
	Prevention and relief of poverty		and protection	and
	preservation ofthe	environment			199,405	5,838	205,243
	Men in Sheds				2,716	29,314	32,030
	Total				202,121	35,152	237,273
	NET INCOME				29,775	50,197	79,972
	Transfers between	funds			8,848	(8,848)
	Net movement in funds				38,623	41,349	79,972
	RECONCILIATION OF FUNDS
	Total funds brought	forward			376,426	27,916	404,342
	TOTAL FUNDS CARRIED FORWARD				415,049	69,265	484,314
14.	TANGIBLE FIXEDASSETS
						improvements
					Freehold	to	Plant and
					property	property	machinery
					6	6	6
	COST
	At 1January 2021				514,313	13,405	24,090
	Additions						1,273
	Disposals
	At 31December 2021				514,313	13,405	25,363
	DEPRECIATION
	At 1January 2021					4,767	19,914
	Charge for year					1,340	2,673
	Eliminated on disposal
	At 31December 2021					6,107	22,587
	NET BOOK VALUE
	At 31December 2021				514,313	7,298	2,776
	At 31December 2020				514,313	8,638	4,176

14.	TANGIBLE FIXEDASSE	T	S	- continued
					Motor	Computer
					vehicles f	equipment f	Totals f
	COST
	At 1January 2021 Additions Disposals				47,235 16,975 (11,000)	7,107 916	606,150 19,164 (11,000)
	At 31December 2021				53,210	8,023	614,314
	DEPRECIATION
	At 1January 2021 Charge for year Eliminated on disposal				35,695 10,340 (11,000)	5,913 683	66,289 15,036 (11,000)
	At 31December 2021				35,035	6,596	70,325
	NET BOOK VALUE
	At 31December 2021				18,175	1,427	543,989
	At 31December 2020				11,540	1,194	539,861
15.	DEBTORS:AMOUNTS	FAUJNG DUE WITHIN ONE YEAR
						2021	2020
						f	f
	Trade debtors					146	52
	Other debtors					2,769	933
	VAT					850	866
	prepayments					8,611	7,955
						12,376	9,806
16.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2021	2020
						f	f
	Bank loans and overdrafts			(see note 18)		24,284	22,775
	Social security and other			taxes		1,916	908
	Accrued expenses					2,272	1,927
						28,472	25,610

					2021	2020
					f	f
Bank loans	(see note 18)				218,785	242,862
LOANS
An analysis	ofthe maturity	of	loans is given below.
					2021	2020
					f	6
Amounts failing due within Bankioans		one year on demand.			24,284	22,775
Amounts failing between		one	and two years:
Bank loans	-1-2 years				25,907	24,293
Amounts falling due between			two and five years:
Bank loans	-2-5 years				72,218	76,192
Amounts falling due in more than five years;
Repayable Bank loans	by instalments: more 5 yr by instai				120,660	142,377
SECURED	DEBTS
The following secured debts are included				within creditors:
					2021	2020
					6	f
Bankloans					243,069	265,637

MOVEMENT	IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.1.21	in funds	funds	31.12.21
		E	6	6
Unrestricted	funds
General fund		115,826	18,814	(14,435i	120,205
Designated	fund (tangible fixed assets)	274,223	(11,765)	38,463	300,921
Designated	fund (special projects)	25,000			25,000
		415,049	7,049	24,028	446,126
Restricted funds
Men in Sheds		52,879	(16,323)	(8,589)	27,967
Power To Change		16,386	(947)	(15,439)
		69,265	(17,270)	(24,028)	27,967
TOTAL FUNDS		484,314	(10,221)		474,093

			Incoming	Resoui'ce's	Movement
			resources	expended	in funds
			6	6	E
Unrestricted funds
General fund Designated fund (tangible fixed assets)			210,492	(191,678) (11,765)	18,814 (11,765)
Restricted funds			210,492	(203,443)	7,049
Men in Sheds Power To Change			24,153	(40,476) (947)	(16,323) (947)
			24,153	(41,423)	(17,270)
TOTAL FUNDS			234,645	(244,866)	(10,221)
Comparatives for movement	in funds
			Net	Transfers
			movement	between	At
		At 1.1.20	in funds	funds	31.12.20
		6	f	f	6
Unrestricted funds
Generalfund		91,108	45,588	(20,870)	115,826
Designated fund (tangible fixed assets)		260,318	(15,813)	29,718	274,223
Designated fund (special projects)		25,000			25,000
		376,426	29,775		415,049
Restricted funds
Men in Sheds		27,916	31,037	(6,074)	52,879
Power To Change			19,160	(2,774)	16,386
		27,916	50,197	(8,848)	69,265
TOTAL FUNDS		404,342	79,972		484,314

Comparative net movemen	t in funds, included in the	above a	re as follo	ws:
				Incoming	Resources	Movement
				resources	expended	in funds
				6	f	6
Unrestricted funds
General fund				231,896	(186,308)	45,588
Designated fund (tangible	fixed assets)				(15,813)	(15,813)
				231,896	(202,121)	29,775
Restricted funds
Men in Sheds				60,351	(29,314)	31,037
Power To Change				24,998	(5,838)	19,160
				85,349	(35,152)	50,197
TOTALFUNDS				317,245	(237,273)	79,972
A current year 12 months	and prior year 12 months	combined	position	is as follows:
				Net	Transfers
				movement	between	At
		At 1.1.20		in funds	funds	31.12.21
			6	f	6	6
Unrestricted funds
General fund			91,108	64,402	(35,305)	120,205
Designated fund (tangible Designated fund (special	fixed assets) projects)	260,318 25,000		(27,578)	68,181	300,921 25,000
			376,426	36,824	32,876	446,126
Restricted funds
Men in Sheds			27,916	14,714	(14,663)	27,967
Power To Change				18,213	(18,213)
			27,916	32,927	(32,876)	27,967
TOTAL FUNDS			404,342	69,751		474,093

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds		6	6	6
General fund Designated fund (tangible fixed assets)		442,388	(377,986) (27,578)	64,402 (27,578)
Restricted funds		442,388	(405,564)	36,824
Men in Sheds Power To Change		84,504 24,998	(69,790) (6,785)	14,714 18,213
		109,502	(76,575)	32,927
TOTAL FUNDS		551,890	(482,139)	69,751
Transfers between	funds