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| Trustees' | annual report |
(incorporating | the | director's | report) | ||||
| Independent | examiner's | report | to the | trustees | |||||
| Statement | of financial | activities | (including | income | and | ||||
| expenditure | account) | ||||||||
| Statement | of financial | position | |||||||
| Notes to | the financial | statements |
| statements Reference and administrative |
statements Reference and administrative |
statements Reference and administrative |
ofthe charity details |
for the ye | ar ended |
w, pre 31 December |
|---|---|---|---|---|---|---|
| Registered charity name Charity registration number |
Devon and 1146877 |
Cornwall | Furniture | Reuse Project | ||
| Company | registration | number | 07877609 | |||
| Principal office and registered office |
97Union Street | |||||
| Stonehouse | ||||||
| Plymouth | ||||||
| PL1 3NB | ||||||
| Devon | ||||||
| The trustees | ||||||
| A M Turner | ||||||
| R Symons | ||||||
| P EScanlan | ||||||
| C M Butt | ||||||
| Independent | examiner | M Keane ACCA | ||||
| Plym House | ||||||
| 3Longbddge | Road | |||||
| Marsh Mills |
||||||
| Plymouth | ||||||
| Devon | ||||||
| PL6 8LT |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | 6 | 6 | 2 | |||||
| Income and endowments | ||||||||
| Donations and legacies |
5 | 121,324 | 32,576 | 153,900 | 129,388 | |||
| Total income | 121,324 | 32,576 | 153,900 | 129,388 | ||||
| Expenditure | ||||||||
| Expenditure on |
charitable | activities | 6 | 168,697 | 7,373 | 176,070 | 143,954 | |
| Total expenditure | 168,697 | 7,373 | 176,070 | 143,954 | ||||
| Net expenditure | and net | movement | in | |||||
| funds | (47,373) | 25,203 | (22,170) | (14,566) | ||||
| Reconciliation | offunds | |||||||
| Total funds brought forward |
73,561 | 8,013 | 81,574 | 96,140 | ||||
| Total funds carried forward | 26,188 | 33,216 | 59,404 | 81,574 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 2 | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 28,132 | 32,498 | ||||
| Current assets | ||||||
| Debtors | 12 | 12,427 | 12,745 | |||
| Cash at bank and in |
hand | 43,268 | 64,785 | |||
| 55,695 | 77,530 | |||||
| Creditors: amounts | falling | due within one year | 13 | 5,142 | 7,546 | |
| Net current assets | 50,553 | 69,984 | ||||
| Total assets less current | liabilities | 78,685 | 102,482 | |||
| Creditors: amounts | falling | due after more than | ||||
| one year | 14 | 19,281 | 20,908 | |||
| Net assets | 59,404 | 81,574 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 33,216 | 8,013 | ||||
| Designated funds |
25,000 | 25,000 | ||||
| General unrestricted |
funds | 1,188 | 48,561 | |||
| Total charity funds | 16 | 59,404 | 81,574 |
| Donations | and le | gacies | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2022 | |||||||
| 6 | 2 | ||||||||
| Donations | |||||||||
| Charitable | trading | activities | (primarily | donated | goods) | 85,461 | 85,461 | ||
| Other income | 7,793 | 7,793 | |||||||
| Grant income | 28,070 | 32,576 | 60,646 | ||||||
| Government | grants | ||||||||
| 121,324 | 32,576 | 153,900 | |||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2021 | |||||||
| 2 | 2 | ||||||||
| Donations | |||||||||
| Charitable | trading | activities | (primarily | donated | goods) | 107,275 | 5,000 | 112,275 | |
| Other income | 9,375 | 9,375 | |||||||
| Government | grants | 7,738 | 7,738 | ||||||
| 124,388 | 5,000 | 129,388 |
| Expenditure | on | charita | ble activities |
by fund type | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
| Funds | Funds | 2022 | 2021 | ||||
| 2 | 2 | 2 | |||||
| Purchases | 66,978 | 6,482 | 73,460 | 49,056 | |||
| Wages | 51,678 | 51,678 | 48,726 | ||||
| Pension | 2,227 | 2,227 | 2,365 | ||||
| Rent | 18,200 | 18,200 | 22,012 | ||||
| Light & Heat | 1,375 | 1,375 | |||||
| Repairs &Maintenance | 823 | 823 | |||||
| Insurance | 4,603 | 4,603 | |||||
| Motor Expenses | 10,261 | 10,261 | 13,149 | ||||
| Legal & Professional | 1,103 | 1,103 | |||||
| Accountancy | 3,000 | 3,000 | 4,339 | ||||
| Depreciation | 3,474 | 891 | 4,366 | 4,052 | |||
| Subscriptions | 2,363 | 2,363 | |||||
| Printing, Postage |
& Stationery | 985 | 985 | ||||
| Sundries | 862 | 862 | |||||
| Bank fees | 756 | 756 | 255 | ||||
| Interest | 9 | 9 | |||||
| 168,697 | 7,373 | 176,070 | 143,954 | ||||
| Net expenditure | |||||||
| Net expenditure | is stated | after charging/(crediting): | |||||
| 2022 | 2021 | ||||||
| 2 | |||||||
| Depreciation | of tangible | fixed assets | 4,366 | 4,052 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 2 | 2 | |||||
| Fees payable | to the independent | examiner for: | ||||
| Independent | examination | ofthe | financial statements | 1,800 | 900 | |
| Other financial | services | 1,200 | 3,439 | |||
| 3,000 | 4,339 |
| The average head | The average head | count of employees | count of employees | during the year was 3 (2021:3).The average | number of |
|---|---|---|---|---|---|
| full-time equivalent |
employees | during | the year is analysed as follows: | ||
| 2022 | 2021 | ||||
| 8 | |||||
| Wages and | salaries | 51,678 | 48,726 | ||
| Employers | national | insurance | contributions | ||
| Employers | pension | contributions | 2,227 | 2,365 | |
| 53,905 | 51,091 |
| No trustee expenses have been incurred (202 purchasing items for the charity). Tangible fixed assets |
1: 26,502 reimbur | sed to Alison |
Turner for |
|---|---|---|---|
| Motor | |||
| vehicles | Equipment | Total | |
| 2 | |||
| Cost | |||
| At 1 January 2022 and 31 December 2022 | 34,500 | 6,573 | 41,073 |
| Depreciation | |||
| At 1 January 2022 | 6,272 | 2,303 | 8,575 |
| Charge for the year | 3,451 | 915 | 4,366 |
| At 31 December 2022 | 9,723 | 3,218 | 12,941 |
| Carrying amount |
|||
| At 31 December 2022 | 24,777 | 3,355 | 28,132 |
| At 31 December 2021 | 28,228 | 4,270 | 32,498 |
| 12. | Debtors | Year ended 31 December 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 9 | 2 | |||
| Trade debtors | 100 | |||
| Other debtors | 12,327 | 12,745 | ||
| 12,427 | 12,745 | |||
| 13. | Creditors: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| 2 | ||||
| Accruals and deferred | income | 3,000 | 3,390 | |
| Other creditors | 2,142 | 4,156 | ||
| 5,142 | 7,546 | |||
| 14. | Creditors: amounts | falling due after more than one year | ||
| 2022 | 2021 | |||
| 9 | ||||
| Bank loans and overdrafts | 19,281 | 20,908 |
| Analysis of c | Analysis of c | haritable funds |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||||
| At | 1 | Jan 22 | Income | Expenditure | At 31 | Dec 22 | |||
| 2 | 6 | ||||||||
| General | funds | 48,561 | 121,324 | (168,697) | 1,188 | ||||
| 48,561 | 121,324 | (168,697) | 1,188 | ||||||
| At | 1 | Jan 21 | Income | Expenditure | At 31 | Dec 21 | |||
| 2 | |||||||||
| General | funds | 62,236 | 124,388 | (138,063) | 48,561 | ||||
| 62,236 | 124,388 | (138,063) | 48,561 |
| aside | out of unrestri | cted fund |
s by t |
he | trustees | for specific purposes: | ||
|---|---|---|---|---|---|---|---|---|
| At | 1 | Jan 22 | Income Expenditure | At 31 Dec 22 At | 31 Dec 21 | |||
| 2 | 2 | 8 | ||||||
| Future | sustainability | fund | 25,000 | 25,000 | 25,000 | |||
| 25,000 | 25,000 | 25,000 |
| balances | of donations and gra |
nts held on tru |
st for specific | purposes: | ||
|---|---|---|---|---|---|---|
| At | 1 Jan 22 | Income | Expenditure | At 31 Dec 22 | ||
| 2 | 2 | 8 | ||||
| New Van | 8,013 | (891) | 7,122 | |||
| Warmer | Home 4U | 25,145 | (3,241) | 21,904 | ||
| Welcome | Home | 7,431 | (3,241) | 4,190 | ||
| 8,013 | 32,576 | (7,373) | 33,216 | |||
| At | 1 Jan 21 | Income | Expenditure | At 31 Dec 21 | ||
| 2 | 2 | 2 | ||||
| New Van | 8,904 | (891) | 8,013 | |||
| Welcome | Home | 5,000 | (5,000) | |||
| 8,904 | 5,000 | (5,891) | 8,013 |
| Analysis of net as | se | ts between funds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| 2 | 2 | ||||
| Tangible fixed assets | 21,010 | 7,122 | 28,132 | ||
| Current assets | 29,540 | 26,094 | 55,695 | ||
| Creditors less than | 1 | year | (5,142) | (5,142) | |
| Creditors greater than | 1 year | (19,281) | (19,281) | ||
| Net assets | 26,202 | 33,216 | 59,404 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| Tangible fixed assets | 24,485 | 8,013 | 32,498 | ||
| Current assets | 77,530 | 77,530 | |||
| Creditors less than | 1 | year | (7,546) | (7,546) | |
| Net assets | 94,469 | 8,013 | 102,482 |