REGISTERED COMPANY NUMLIER: 07532152 (EnglAnd 8nd Wales) REGISTERED CHARITY NUMBER.. 1148364 Report ofthe Trnstees Unaudite41 Fi4#nei¥l Ststem¢Trts for the Ye*r Ended 30 June 2022 for The Mytchett Ministries Trading as The Charity Aid StOT¢ Corporate Finance Solutions Lxd Fernhill Cottage Fernhill Lane. Hawley Camberley. Surrey
The Mytchett Mitti5tr4es Trnding a$ Thc Charity Aid Store Contents of the Financial Ststernents for the Year Ended 311 June 2022 g¢ Report of tthe Triistees Independent Examiner's Report Statem¢nt of FinaDel81 A¢llvities Balan¢e Sheet Notes to the Fln4Thcl•l Ststements 6 to 9 De¢411¢d S¢temtnt of FiTrnelal Aetivities 10
The Mytehett Ministries TrgdiDg as The Charity Aid Store Rewjrt of the Trnstees for the Ye4r F.nded 30 June 2022 The tmsiees, Iwo of whom are also diredors ofthe charity for the pwses of the Cornpanies Act 2006, present their report with ihe financial 51atements of the ¢harity for the year ended 30 June 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities= Sthtrmeni of Recomrnend PrdCtic¢ applicable to charities preparing their accounts in accordance with the Financial Rewrting Standard applicabl¢ in the UK and R¢publi¢ of Ireland (FRS 102) (effective l January 2019). 0ECTIVEs AND ACTIVITIES Obj¢etives and alms The Myichett Ministri¢s is a registered charity whose objects are the relief of poverty in th¢ local area. The charity operates a shop which provid¢$ furniture aTrJ her goods to those in need. Slgnifitgnl activities Trading has been more settl¢d since ihe last report. The rnanager of the shop conyinues io exceed cashflow expectations. She ha& redu¢¢d her paid hours to 4 days and the assistsni rnana8w is now paid for the 2 days she is no( paid for.. We are providing funding to local charities of £30.000 lor the year. and hav¢ made more paymeni$ 5inc¢ thc end of June 2022. These factors combined to produce a Surplus for the year of £34,782. The charity's work ha5 coniinues to be impacted by oiher similar charities in a 400 yard radiu& bul we hold our own by offerin8 competilive prices. reductions where necessary, and are confident th4t we are giving a good service to our euswmers. The Trustees are eonfident tha¢ changes made in the running of ihe charity resuli in lower overall ststTing ¢osis, resuliing in a better overall trading resuli. A six month rent fre¢ze and a sli8hi lowtting of the monthly charge has been a help io our overall trade Ilecause the Economic situation is more challengin& we are finding that w¢ have 5(oMerS willin8 10 sp¢nd more on second hand goods rather than purchase new. Public beneflt The Trusi¢¢s Confirn) that they have referred the guidance contsined in the C*larity Commission's General Guidance on Public Benefit when reviewin8 the Charitys aim5 and objeciiv¢s in plannin8 future 8¢1ivity. GrantmaklnR The prolit5 8enerdted by the shop are donated io local ¢horitieS to hclp their Work amon8St those in n¢ed. Volunieer5 Th¢ charitys activit1¢5 are facilitated by 2 volunteers &% part time memE¢ts of staff in the shop. STRUCTURE, GOVERNANCE AND MANAGF.MENT Govcrnlng document The ¢ompany is limii¢d by guarantee and is govem¢d by its Memorandum and Articles of Association d&i¢d 16 February 2011. Ch4rlty eonstitutlon The Company is registered with Charity Commission which was #ted on 13 July 2012. Recruitment and 4ppointmtnt of new trusttts The appoinlment of Trusices 15 und¢rtaken by the Trustees. Every year one third of the trusltts must retire from office bui ar¢ eligible for ruppointment. Oyganisational s¢rudure Administration of the affairs of the charity is carried out by the Trustees, who meei r¢gularly throughout the year. Meetings are attended by the majority of the TleeS and other invitees as required. Trumees are always in the majority OTt the Committ¢e. In addition, the Tntstees meet as required and at le&8t on¢¢ a vear. Risk rnanagement The trustees have a duty to identify and review the risks to which the rharity is expo5¢d and to en5ur¢ appropriat¢ controls are in place lo provide reasonable assurance against fraud and error.
Th¢ Mytehett Ministries Trading ¥s The Chgrity Aid Store Report of the Trustecs for the Ye*r Ended 30 June 2022 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07532152 (England and Wal¢s) Registered Charity number 1148364 Registered offi¢e Mytch¢tt Baptist Church Mytchett Road Mytchett Camberley Surrey GU166ES Trustees Thc directors of the Charitable Cornpany {the Charity) at)d its for the pwpose of Charity Law throughout this report arc collectively referred to as the Inle¢s. The Trusiees servin8 throughout the Feriod (excw as notao and since the yr end. w¢Ye as follow5, and the dire¢tors arc noted below.. Domthy Franklin Andrew Goodsell Christopher Russell Haz¢l Timms Anthony Tw¢h Dilor Director Independent Examiner P J Sudell Corporaie Finance Solutions Ltd Fernhill Coitage Fernhill Lane. Hawley Camberley. Surrey CIU179HE This report h&s been prepared in accordance with the spe¢i•l provisions of Part IS of the Companies Act 2006 relating to small eompanies. Approved by order of the bwd of irnstees on .. . end Si1 on its behalf by.. Rev C Russell- Tru51e¢
Independent Examiner's Report to the Trnstees of The Mytchett Minislries Independent eiaminer's report to the trustee4 of The Mytchett Mlntstries ('tbe Company,) I report to the charity trusiees on my examinarion of the accounts of the Company for the year ended 30 June 2022. Re5powsibilities and bjsiq of report A% the charity's tnjstees of the Company (and also its director5 for the purposes of panY law) you are r¢sponsible for the preparation of th¢ coUnts in 0[dance with th¢ requirements of Companies Act 2(K)6 Ilhe 2006 ACVI. Having satisfied mys¢lf that the accounts of the Company are nix required to be audited under Part 16 of the 2006 Act and are eligible for indendent examination. I rewrt in respect of my examination of your charity's accounts &s carried oul under secti4)n 145 of the Charities Act 2011 (Ihe 2011 Acf). In carrying out my examination I hav¢ followed the DirectjOll5 given by the Charity Commi%ion under sectttin 145{5) (b) of the 201 l Act. Independent examine$ statement I have completed my examination. I confinn that no mat¢¢rs have come to my att¢ntion in connection with th¢ examination giving me ¢ause ¢0 believe". accounting records were not kept in respect of the Cornpany as r4uired by seltion 386 of the 2(N)6 Act: or th¢ accounts do not aecord with those recordg: or the #ccounts do not comply with the acc(MJniing requir¢m¢nts of seciithi 396 of the 21X)6 Act other than any requir¢m¢nl that the accounts give a true and fair view which is not a matter consi(kr¢d as part of an independent examination. or the accounts have not been pr¢pared in accordance with the methods and prin¢ipl¢s of the Statement of Recommended Practice for accounting and reponing by charities (applicable to charities preparing their Accounts in accordancc with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland {FRS 1021). I have no eon¢¢ms and have com¢ across no other matter% in conneciion with the ¢xomination to which atteniion should b¢ drawn in this rewjn in order io enable a proper nde8j1ng of the a¢¢ounts to be reached. Slldell CorpOre Finan¢e Solutions Ltd Fernhill Cottage Fernhill Lane. Hawley Camberley. Surrey GU179HE Date.. 23 lols
The Myt¢hett Ministries TradiThg *% The Charlty Aid Store Staternent of Financial Activities for th¢ Year Ended 30 JuDe 2022 30.6.22 30.6.21 Total funds Unrestrict¢ fund INCOME AND ENDOWMENTS FROM Other trading activities Investment income 119,646 65,898 Tot81 119,653 65,902 EXPENDITURE ON Raising funds 52.940 42.642 Charitabl¢ actlvilies Charitable 31,931 19,733 Total 84871 62.375 NET INCOMF, 34,782 3,527 RECONCILIATION OF FUNDS TolAI funds brou8hl forv4ard (2,839) TOTAL FUP4DS CARRIED FORWARD 35,470 688 The notes form part of thtse finan¢ial statements Page 4
The Mytchett Mintstries Trading a5 Th¢ Charity Aid Store Bal8nce Sheet 30 June 2022 30.&22 30.6.21 Total fund5 Unrestricted fund CURRENT ASSETS Debtors Cash at bank and in hand 10 3,083 67?29 4,003 31,984 70.412 35,987 CREDITORS Amounts falling due within one year (M942) (35,299) NET CURRENT ASSETS 35.470 688 TOTAL ASSETS LESS CURRENT LIABILITIES 35,470 688 NET ASSETSI(LIABILITIES) 35,470 688 FUNDS Unrestri¢¢ed funds 35,470 688 TOTAL FUNDS 35.470 688 The charilAble company is ¢n¢iiled io exemption from audit under Sedion 477 of the Companies Act 2006 for the year endrd 30 Jun¢ 2022. The member5 have required ihe eompany to obthin &n audii of its fJnan¢ial sthtements ftjr the year ended 30 June 2022 in accordan¢¢ with Seciton 476 of the Compfini¢5 Act 2000. The trustees acknowledge their resronsibiliiies for (a) ensuring thai th¢ ¢haritsble company keeps a¢wintlll8 records comply wtth Sections 386 and 387 of the Companies Act 2006 and preparing finanLial statements which give a lrne and fair view ofthe slate of atTairs of the charitable wrnpany a5 at the end of edch financial year and of its sllrplus OT deficit for each finaneial year in accordance with the requirements of Sections 394 and 395 and which othenyise comply with the rryuirements of the Companie5 Act 2006 relattng to financial so far as applicable to the charitsble company. Ibl These financial statements have been prepared in ac¢ordan¢e with the provisions applicable to charitable c¢)mpanies subject to the small comp8ni¢s regime. The fi atements werc approved by the Board of Trustees and authorised for issu¢ 1.02%d wcre Sign on its bchalf by: on C Russell - Trustee The not¢5 fom) part of tse financial statemeT]ts Pag¢ 5
The Mytchett Mittlstries Tradi% as The Charity Aid Stor¢ Notes to the Finaneial Statements fijr the Year F.nded 30 June 2022 ACCOLINTINC POLICIES Basis of preparing the fin&ncial 5tattmeDts 'The financial statements of th¢ charitable ¢ompany. which is a public benefit entity under FRS 102, have b¢en prepared in accordance wilh the Charitie5 SORP (FRS 102) 'Accounting and Reporting by Charities.. Stalemeni of R¢¢ommended Practice applicable to charities prcparing ttir accounts in a¢¢ordance with thc Financial Reporting Stsndard applicable in the UK and Republic of [land {FRS 102) {effedive l January 2019),, Financial Reporting Standard 102 The Flil¢la1 Reporting Stsndard appli1¢ in the UK and Republi¢ of Ireland, and the Compani¢5 Act 2006. Th¢ fancial stateThThts have prepated under the historical ¢o$t conveniion. Inc(bmt All income is r¢¢ognised in ihe Ststement of Financial A¢iiviiies once the charity h&s ¢n¢iilement to the fijnds, it is probable that the income will te received and the amount can be measurwj reliably. Expenditure Liabilities are recogni%d as expenditure as soon &% th¢re is a kgal or constnjctive obligation comrnitting the charity to ihat expenditure, it is probable th a iratLsf¢r of economi¢ benefits will be required in settlement and the amouni of the obligation ¢an be measured reliably. Expendilwe is accounted for on an accruals basis and ha5 been ¢las5ified under headin aggregate all cost related io the category. Where cosls ¢8n01 be directly aitribuled to particular headings they havc been allo¢4t¢d to activities on a basis consi5¢enl with the use of resources. Grants offered $ubj¢¢¢ io conditi0Tr5 which have noi been mei th¢ ye4r end date are noted as a ¢ornmitment but not ac¢nd as expenditure. Tangible nxed assets Depr¢¢iation is provided it the following annual rat¢5 in order to wrile off each asset over its es¢iTnated usefijl Fixtures and firtings 25V• on ¢05t Taxatlon The chariry is exempt from Corywaiion tsx on its ch8rttsble xtivities. Fund actountin8 Unrestricted funds Can be used in accordan with th¢ charitsble objedives at th¢ discretion of the truste¢$. R¢s¢ric¢¢d funds ¢an only be u%d for particular resrricied purposes wthin the objects (bf ihe charity. R¢sirictions arise when specified by the donor or when funds ar¢ rnised for p¥rticular restri¢ied purpos¢$. Slock The charity has stocks of goods for resale at lis shop which have 411 been donated. Consequently there is no value for thi5 51ock shown in the accounts as its cosi to the charity is nil. Debtors 1.rade and other debtors ¥re recognised at the settlement arnouni due after any trade dis¢ount offered. Prepayments are valued ai the amount prepaid net of any trad¢ disc4)unts due. Cash at bank and in hand Cash at bank includes cash and Short rerni highly liquid investments with a short maluriiy of three rnonths or less from the date of acqui51tion or opening of the dcFK)Sit or similar account. Creditors Creditors and provisions ar¢ recognised where the chartty has a preseni obligation resulting from a past event thai will probably re%ult in the transfer of fund5 to a third party and th¢ amount duc ro s¢ttl¢ th¢ obligation can be mcasured or estimated rcliably. Cr]10[$ and provision are nOmllY recognis¢d at their scttlement amount after allowing for any trade discount5 due. Page 6 continued...
The Mytchett Ministries Trading as Tbe Charrty Aid Stor¢ Note5 to the Fittancial Statements- continued for the Year Ended 30 June 2022 OTHER TRAD114C ACTIVITIES 30.&22 30.6.21 Shop income Job r¢l¢ntion scheme grants Other Covid-19 support grants 115,646 43,053 4.095 18,750 119,646 65,898 INVESTMENT INCOME 30.6.22 306.21 Deposit account interest GRANTS PAYABLE 3(1.&22 30.6.21 Charitable 30,IKIO 18.000 The total grants paid to iAstiluttons during the year was follows: 30.6.22 30.6.21 Mytchett Ministries 30,0011 18,000 NET INCOMEI(EXPENDITURE} N¢t incomel(exEKnditure) is stated after chargtngl(crryJiting): 30.6.22 30.6.21 Other operating leases 13.877 14,383 TRUSTEES, REMUNERATJON AND BENEFrrs Th¢r¢ were no trustees. remratIon or other be¢fits for th¢ year ended 30 ju 2022 nor for the year ended 30 June 2021. Trustee%' expenses There wcre no trus*es' exttnses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021. Page 7 ¢ontinued...
The Mytchett Ministri Trading as Tbe Charity Aid Stor¢ Notes to the FÈoaneig1 Statements- continued fnr the Year F.nded 30 June 2022 STAFF COSTS The averdge monthty number of employees during the year WLS a5 follows.. 30.&22 30.6.21 Shop statT No employees receiv&J emoluments in excess of £60.Cth. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Uftrestri¢t¢d fund INCOME AND ENDOWMENIS FROM Other trading a¢itvilie5 Investment income 65,898 Tot1 65.902 EXPENDITURE ON Raising funds 42,642 Charltabk lctlvlties Charitable 19,733 Total 62,375 NET INCOME 3,527 RECONCILIATION OF FUNDS Tt>t41 fwnds brts%ht forwrd (2,839) TOTAL FUNDS CARRIED FORWARD 688 Page 8 continued...
The Mytehett Ministries Tr*ding as The Chgrity Aid Store Note5 to the Financial Statements- cotinUed for the Year Ended 30 June 2022 TANGIBLE FIXED ASSETS Fixtures fittings At l July 2021 and 30 June 202? 26 DEPRECIATION At l July 2021 and 30 Jw)e 2022 200 NET BOOK VALUE AI 30 June 2022 AI 30 June 2021 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.&22 30.0.21 VAT Prepayncnts 2,720 363 3.224 779 3,083 4,003 CREDITORS: AMOUNTS FALLING DUF. WITHIN ONE YEAR &22 30.6.21 TTade creditors Social security and othw tsxes Other creditors Accrued expenses IS682 210 18.00 I,oso 16.049 18,000 1,250 34.942 35,299 12. RELATED PARTY DISCLOSURES There were no reled party transaciions for the year ended 30 June 2022. Page 9
The Myl=hett Ministries Trading a$ The Charity Aid Store Detsiled Statement of FiDan£ial Activitie5 for the Year Ended 30 June 2022 30.6.22 30.6.21 INCOME AND ENDOWMEIW15 Other trading aetivilies Shop in¢ome Job retention scheme grnnts Other Covid-19 support gra)ts 115,646 43,053 4.095 18,750 119,646 65.898 Investment income Dewsit a¢count interest Total incoming resourc 119h53 65,902 EXPENDITURE Other trgding aetiviti Carriage Wages Ren( rates and water Insurdnce Light and heat Telephone. post and sthtionery Repairs and r¢n¢wals Sundries Cleaning Waste disposal 5,495 14.440 14.383 691 2.697 714 1,998 369 587 1.268 21.775 13,877 828 5J57 772 6A53 1.494 160 1,544 52,940 42,642 Charitablt activitles Grants to institutions 3QO(KI 18,000 Support costs Finance Bank charges 971 663 Governance eosts Aceountsncy and legal fees Bookkeeping 1.020 50 960 1.070 Total resour¢¢s expeT]ded 84,871 62,375 Net income 34,782 3.527 This page does not fomi part of the statutory financial ststements Page 10