##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Tota!|
||||funds|funds|funds|funds|
||||f|||f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||1,022|2,645|3,667|2,558|
|Charitable
activities|||||||
|Prevention
and relief ofpoverty|anc! protection||||||
|and preservation
ofthe environment
Men in Sheds|||253,141|50,807|253,141
50,807|207,776
22,163|
|Other trading activities
Investment
income|||2,489
289||2,489
289|2,136
12|
|Total|||256,941|53,452|310,393|234,645|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Prevention
and relief of poverty|and protection||||||
|and preservation
ofthe environment|||225,495||225,495|201,690|
|Men in Sheds|||4,174|38,149|42,323|43,176|
|Total|||229,669|38,149|267,818|244,866|
|NET INCOME/(EXPENDITURE)
Transfers between funds||20|27,272
20,139|15,303
(20,139)|42,575|(10,221)|
|Net movement
in funds|||47,411|(4,836)|42,575|(10,221)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||446,126|27,967|474,093|484,314|
|TOTAL FUNDS CARRIED FORWARD|||493,537|23,131|516,668|474,093|
##
##
##
##
##
##
##
##
##
##
||DONATIONS
AND lEGACIES|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Donations|1,022|2,645|E
3,667|E
2,558|
|3.|OTHER TRADING ACTIVITIES|||||
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|fiends|funds|
||Sale of MlS goods|2,489|f|2,489|f
2,136|
|4.|INVESTMENT INCOME|||||
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||E|E|f|E|
||Deposit account interest|289||289|12|
##
||INCOMEFROMC|HARITAB|LE|ACTIVITIES|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
|||||Activity|||||E||
|||||Prevention|and relief of poverty||and||||
||Sale ofdonated goods|||protection
environment|and preservation|ofthe|||250,012|161,283|
|||||Prevention|and relief ofpoverty||and||||
||Gift aid|||protection
ancl preservation
environment||of|the||3,129|3,021|
|||||Prevention|and relief of poverty||and||||
||Grants|||protection
and preservation
environment||of|the|||42,889|
|||||Prevention|and relief of poverty||and||||
||SHG admin fees
Grants|||protection
and preservation
environment
Men in Sheds||of|the||50,807|583
22,163|
||||||||||303,948|229,939|
||Grants received,|included|in|the above, are|as follows:||||2022|2021|
||||||||||E|E|
||Men in Sheds
Coronavirus
Job
Retail, Hospitality
Kickstart Scheme|Retention Scheme
and Leisure Grant Fund||||||||12,163
18,824
16,500
7,565|
||National
Lottery
Garfield Weston|Reaching Communities
Foundation|||||||48,557|10,000|
||Isle of Wight Council Mental Wellbeing
Funding
Newport
8 Carisbrooke
Community
Council||||||||2,000
250||
||||||||||50,807|65,052|
|6.|CHARITABLE ACTIVITIES||COSTS||||||||
|||||||||Direct|Support||
|||||||||Costs (see|costs (see||
|||||||||note 7)|note 8)|Totals
f|
||Prevention
and|relief of|poverty
and||||||||
||protection
and preservation
environment|||ofthe||||222,538|2,957|225,495|
||Men in Sheds|||||||41,673|650|42,323|
|||||||||264,211|3,607|267,818|
##
##
##
|DIRECT COSTS OF CHARITA|BLE ACTIVITIES|||
|---|---|---|---|
|||2022|2021|
|Staff costs
Hire ofplant and machinery
Insurance
Light, heat and water
Telephone
Postage and stationery
Advertising
Sundries
Health care
IVlotor and travel expenses
Volunteers'
expenses
Professional fees
Repairs and renewals
Subscriptions
Refreshments
Staff training||f
177,232
1,794
6,455
5,937
1,440
1,102
2,726
1,277
2,324
14,598
1,297
362
1,193
2,131
2,407
947|165,117
1,242
5,979
4,299
1,620
1,200
1,860
1,708
1,572
11,205
1,055
1,453
7,449
1,917
1,388
625|
|Streamline
charges
Bank charges||1,833
584|1,482|
|Non-recoverable
input VAT||1,913||
|Depreciation
Loss on sale ofassets
Interest payable
and similar|charges|19,499
17,160|15,036
(3,271)
18,361|
|||264,211|241,297|
|SUPPORT COSTS||||
||||Governance|
||||costs|
||||f|
|Prevention
and relief ofpoverty and||||
|protection
and preservation|ofthe|||
|environment|||2,957|
|Men in Sheds|||650|
||||3,607|
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Prevention||||
|||||and||||
|||||relief of||||
|||||poverty||||
|||||and||||
|||||protection||||
|||||and||||
|||||preservation||||
|||||ofthe|ivien in|Total|Total|
|||||environment|Sheds|activities|activities|
|||||f|f|F|f|
|Professional||fees|||||61|
|Independent||examiners'|fees|1,377|303|1,680|1,570|
|Independent
services||examiners'|fees for other|1,580|347|1,927|1,938|
|||||2,957|650|3,607|3,569|
|NET INCOME/(EXPENDITURE)||||||||
|Net income/(expenditure)|||is stated after|charging/(crediting):||||
|||||||2022|2021|
|||||||f|f|
|Depreciation||-owned assets||||19,499|15,036|
|Hire of
Surplus|plant and machinery
on disposal offixed assets|||||1,794|1,242
(3,271)|
##
##
##
##
##
|2022|2021|
|---|---|
|8|8|
##
##
##
##
|COMPARA|TIVES FOR THE|STA|TEMENT OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||E||E|
|INCOIVIE AND ENDOWMENTS|||FROM||||
|Donations|and legacies||||1,990|2,558|
|Charitable|activities||||||
|Prevention|and relief of poverty and||||||
|protection|and preservation|of|the||||
|environment
Men in Sheds||||207,776|22,163|207,776
22,163|
|Other trading activities
Investment
income||||2,136
12||2,136
12|
|Total||||210,492|24,153|234,645|
|EXPENDITURE ON|||||||
|Charitable|activities||||||
|Prevention|and relief of poverty||and||||
|protection|and preservation|ofthe|||||
|environment
Men in Sheds||||200,743
2,700|947
40,476|201,690
43,176|
|Total||||203,443|41,423|244,866|
|13.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||E||E|
||NET INCOME/(EXPENDITURE)
Transfers between
funds|7,049
24,028|(17,270)
(24,028)|(10,221)|
||Net movement
in funds|31,077|(41,298)|(10,221)|
||RECONCII, IATION OF FUNDS
Total funds brought
forward|415,049|69,265|484,314|
||TOTAL FUNDS CARRIED FORWARD|446,126|27,967|474,093|
|14.|TANGIBLE FIXED ASSETS||||
||||Improvements||
|||Freehold|to|Plant and|
|||property|property|machinery|
|||E||E|
||COST
At 1January 2022
Additions|514,313|13,405
10,321|25,363
6,820|
||At 31December 2022|514,313|23,726|32,183|
||DEPRECIATION||||
||At 1January 2022
Charge for year||6,107
3121|22,587
3,013|
||At 31December 2022||9,228|25,600|
||NET BOOK VALUE||||
||At 31December
2022|514,313|14,498|6,583|
||At 31December 2021|514,313|7,298|2,776|
##
|14.|TANGIBLE FIXEDASSETS-continued|TANGIBLE FIXEDASSETS-continued|TANGIBLE FIXEDASSETS-continued||||
|---|---|---|---|---|---|---|
|||||IVlotor|Computer||
|||||vehicles
f|equipment|Totals
f|
||COST||||||
||At 1January 2022
Additions|||53,210
21,995|8,023
871|614,314
40,007|
||At 31December 2022|||75,205|8,894|654,321|
||DEPRECIATION||||||
||At 1January 2022
Charge for year|||35,035
12,465|6,596
900|70,325
19,499|
||At 31December 2022|||47,500|7,496|89,824|
||NET BOOK VALUE||||||
||At 31December 2022|||27,705|1,398|564,497|
||At 31December 2021|||18,175|1,427|543,989|
|15.|DEBTORS; AIVIOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2022|2021|
||Trade debtors|||||146|
||Other debtors||||908|2,769|
||VAT||||5,631|850|
||Prepayments||||10,819|8,611|
||||||17,358|12,376|
|16.|CREDITORS' AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2022|2021|
||||||f|f|
||Bank loans and overdrafts
(see note 18)
Social security and other taxes
Other creditors||||26,177
1,995|24,284
1,916|
||Accrued expenses||||2,308|2,272|
||||||30,484|28,472|
|17.|CREDITORS: AMOUNTS
FALLING DUE AFTER IV(ORE THAN ONE YEAR|CREDITORS: AMOUNTS
FALLING DUE AFTER IV(ORE THAN ONE YEAR|CREDITORS: AMOUNTS
FALLING DUE AFTER IV(ORE THAN ONE YEAR|CREDITORS: AMOUNTS
FALLING DUE AFTER IV(ORE THAN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E||
||Bank loans (see note 18)||||192,988|218,785|
|18.|LOANS||||||
||An analysis ofthe maturity|of loans is given|below:||||
||||||2022|2021|
||||||E|E|
||Amounts
falling due within
Bank loans|one year on demand:|||26,177|24,284|
||Amounts
falling between
Bank loans - 1-2 years|one and two years:|||27,927|25,907|
||Amounts
falling due between two and five years;||||||
||Bank loans
—2-5 years||||67,804|72,218|
||Amounts
falling due in more than five years:||||||
||Repayable
by instalments;
Bank loans more 5 yr by instal||||97,257|120,660|
|19.|SECURED DEBTS||||||
||The following secured debts are included||within creditors:||||
||||||2022|2021|
||||||E||
||Bank loans||||219,165|243,069|
||The bank loan is secured|by a legal charge|on the charity's freehold|property.|||
|20,|IVIOVEMENT IN FUNDS|IVIOVEMENT IN FUNDS||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.22
f|in funds
f|funds
f|31.12.22
f|
||Unrestricted
funds|||||||
||General fund
Designated
fund (tangible fixed assets)
Designated
fund (special projects)|||120,205
300,921
25,000|46,770
(19,499)|(43,772)
63,911|123,203
345,333
25,000|
||Restricted funds|||446,126|27,271|20,139|493,536|
||Men ln Sheds
National
Lottery|Reaching Communities||27,967|(5,220)
20,524|(18,620)
(1,519)|4,127
19,005|
|||||27,967|15,304|(20,139)|23,132|
||TOTAL FUNDS|||474,093|42,575||516,668|
||Net movement|in funcfs, included|in the above|are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources
f|expended
f|in funds|
||Unrestricted
funds|||||||
||General fund
Designated
fund|(tangib! efixed assets)|||256,941|(210,171)
(19,499)|46,770
(19,499)|
||Restricted funds||||256,941|(229,670)|27,271|
||Men in Sheds
National
Lottery|Reaching Communities|||4,894
48,558|(1O,114)
(28,034)|(5,22O)
20,524|
||||||53,452|(38,148)|15,304|
||TOTAL FUNDS||||310,393|(267,818)|42,575|
##
##
|Comparative|s
for movement
in funds|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.1.21|in funds|funds|31.12.21|
|||E|E|E|f|
|Unrestricted|funds|||||
|General fund
Designated
fund (tangible fixed assets)
Designated
fund (special projects)||115,826
274,223
25,000|18,814
(11,765)|(14,435)
38,463|120,205
300,921
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|
|Comparative
net movement
in funds, included
in the a|bove are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
|||E|E|
|Unrestricted
funds
General fund|210,492|(191,678)|18,814|
|Designated
fund (tangible fixed assets)||(11,765)|(11,765)|
||210,492|(203,443)|7,049|
|Restricted funds||||
|Men in Sheds|24,153|(40,476)|(16,323)|
|Power To Change||(947)|(947)|
||24,153|(41,423)|(17,270)|
|TOTAL FUNDS|234,645|(244,866)|(10,221)|
##
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
|Unrestricted
funds|At1.1,21
f|fn funds|funds|31.12,22
f|
|General fund
Designated
fund (tangible fixed assets)
Designated
fund (special projects)|115,826
274,223
25,000|65,584
(31,264)|(58,207)
102,374|123,203
345,333
25,000|
|Restricted funds|415,049|34,320|44,167|493,536|
|Men in Sheds
Power To Change
National
Lottery Reaching Communities|52,879
16,386|(21,543)
(947)
20,524|(27,209)
(15,439)
(1,519)|4,127
19,005|
||69,265|(1,966)|(44,167)|23,132|
|TOTAL FUNDS|484,314|32,354||516,668|
||incoming|Resources|Movement|
|---|---|---|---|
||resources
f|expended
f|in funds|
|Unrestricted
funds||||
|General fund
Designated
fund (tangible fixed assets)|467,433|(401,849)
(31,264)|65,584
(31,264)|
|Restricted funds|467,433|(433,113)|34,320|
|IVIen in Sheds
Power To Change
National
Lottery Reaching Communities|29,047
48,558|(50,590)
(947)
(28,034)|(21,543)
(947)
20,524|
||77,605|(79,571)|(1,966)|
|TOTAL FUNDS|545,038|(512,684)|32,354|
|Transfers between funds||||
##
##
##