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|||||||||Page|
|---|---|---|---|---|---|---|---|---|
|Trustees'|annual
report|(incorporating||the|directors'|report)|||
|Independent
examiner's||report to the||trustees|||||
|Statement|offinancial
activities||(including||income|and expenditure|account)||
|Balance sheet|||||||||
|Statement|ofcash flows||||||||
|Notes to|the financial
statements|||||||10|
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|Registered|charity|name|Ipswich|Furniture|Project|
|---|---|---|---|---|---|
|Charity registration||number|1151719|||
|Company|registration
number||05170995|||
|Pdincipal office and||registered|Hogarth|Road||
|office|||Ipswich|||
||||Suffolk|||
||||IP3 OEY|||
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|||||2021||2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
|||Note|funds
f|funds
f|Total funds
f|Total funds
F|
|Income and endowments|||||||
|Donations
and legacies||5|138,601|4,290|142,891|69,272|
|Charitable
activities||6|462,161||462,161|174,900|
|Other trading activities||7|107,857||107,857|208,828|
|Investment
income||8|25||25|54|
|Total income|||708,644|4,290|712,934|453,054|
|Expenditure|||||||
|Charitable
activities||9|538,781|5,500|544,281|433,143|
|Total expenditure|||538,781|5,500|544,281|433,143|
|Net income and net movement|in funds||169,863|(1,210)|168,653|19,911|
|Reconciliation
offunds|||||||
|Total funds brought forward|||24,620|28,500|53,120|33,209|
|Total funds carried forward|||194,483|27,290|221,773|53,120|
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|31 March|202|1|||||||
|---|---|---|---|---|---|---|---|---|
||||||2021||2020||
|||||Note||F|||
|Fixed assets|||||||||
|Tangible fixed assets||||14||13,521||20,396|
|Current assets|||||||||
|Stocks|||||18,520||13,051||
|Debtors||||15|147,681||28,626||
|Cash at bank|and|in|hand||75,227||20,342||
||||||241,428||62,019||
|Creditors: Amounts|||falling due within||||||
|one year||||16|(33,176)||(29,295)||
|Net current assets||||||208,252||32,724|
|Total assets|less|current liabilities||||221,773||53,120|
|Net assets||||||221,773||53,120|
|Funds ofthe charity|||||||||
|Restricted funds||||||27,290||28,500|
|Unrestricted|funds|||||194,483||24,620|
|Total charity|funds|||18||221,773||53,120|
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|Year ended 31Ilarch|2021||||
|---|---|---|---|---|
||||2021
f|2020|
|Cash flows from operating|activities||||
|Net income|||168,653|19,911|
|Adfustmenis
for:|||||
|Depreciation
oftangible fixed assets|||6,875|6,875|
|Other interest receivable and|similar income||(25)|(54)|
|Accrued expenses/(income)|||50|(125)|
|Changesin:|||||
|Stocks|||(5,469)|(5,519)|
|Trade and other debtors|||(119,055)|(5,797)|
|Trade and other creditors|||3,831|(2,271)|
|Cash generated
from operations|||54,860|13,020|
|Interest received|||25|54|
|Net cash from operating
activities|||54,885|13,074|
|Cash flows from investing|activities||||
|Purchase oftangible assets||||(22,000)|
|Net cash used
in investing
activities||||(22,000)|
|Net increase/(decrease)
in|cash and cash|equivalents|54,885|(8,926)|
|Cash and cash equivalents|at beginning|ofyear|20,342|29,268|
|Cash and cash equivalents|at end ofyear||75,227|20,342|
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|5.|Donations and legacies|||||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
||||||6|6|f|
||Grants|||||||
||Ipswich Borough Council||||70,143||70,143|
||Mrs L D Rope Third Charitable||Trust||10,000|2,400|12,400|
||Garfield Weston Foundation|||||||
||Suffolk Community
Foundation|||||1,890|1,890|
||WEEE Fund||||19,174||19,174|
||Job Retention Scheme||||39,284||39,284|
||Other grants and donations|||||||
||||||138,601|4,290|142,891|
||||||Unrestdicted|Restdicted|Total Funds|
||||||Funds|Funds|2020|
||||||F||E|
||Grants|||||||
||Ipswich Borough Council||||8,000||8,000|
||Mrs L D Rope Third Charitable||Trust|||12,104|12,104|
||Garfield Weston Foundation|||||25,000|25,000|
||Suffolk Community
Foundation|||||1,128|1,128|
||WEEE Fund|||||22,260|22,260|
||Job Retention Scheme|||||||
||Other grants and donations||||780||780|
||||||8,780|60,492|69,272|
|6.|Charitable
activities|||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2021
f|Funds
f|2020
6|
||Income from purchased|goods||378,690|378,690|124,353|124,353|
||Income from other services|||50,498|50,498|34,231|34,231|
||Removals,
collections and delivenes|||32,507|32,507|7,935|7,935|
||Other income|||466|466|8,381|8,381|
|||||462,161|462,161|174,900|174,900|
|7.|Other trading activities|||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2021|Funds|2020|
|||||F|6|6|6|
||Income from donated goods|||107,857|107,857|208,828|208,828|
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|8.|Investment
income|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestncted|Total Funds|
|||||Funds|2021|Funds|2020|
|||||6|6|F||
||Bank interest received|||25|25|54|54|
|9.|Expenditure
on charitable||activities|||||
||||||Unrestricted|Restricted|vrotal Funds|
||||||Funds|Funds|2021|
||||||6|6|5|
||Electncal appliances|for resale|||186,704||186,704|
||Furniture
for resale||||37,208||37,208|
||WEEE purchases|||||||
||Project materials||||26,072||26,072|
||Admin, storage and delivery||||502||502|
||Rent, rates and service charge||||29,296||29,296|
||Staff costs||||141,523||141,523|
||Motor expenses||||17,974||17,974|
||Repairs and renewals||||12,218||12,218|
||Tool and equipment||||13,749||13,749|
||Volunteer expenses||||15,295||15,295|
||ITservices and consultancy||||14,348||14,348|
||Cleaning
and waste disposal||||665||665|
||Depreciation||||1,375|5,500|6,875|
||Support costs||||41,852||41,852|
||||||538,781|5,500|544,281|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds
f|Funds
6|2020
F|
||Electrical appliances|for resale|||49,503|1,000|50,503|
||Furniture
for resale||||26,742||26,742|
||WEEE purchases||||28,277||28,277|
||Project materials||||5,442||5,442|
||Admin, storage and delivery||||1,293||1,293|
||Rent, rates and service charge||||5,076|25,000|30,076|
||Staff costs||||133,809|10,000|143,809|
||Motor expenses||||26,966|260|27,226|
||Repairs and renewals||||5,404|1,128|6,532|
||Tool and equipment||||9,835||9,835|
||Volunteer expenses||||26,109||26,109|
||ITservices and consultancy||||17,794||17,794|
||Cleaning
and waste disposal|||||||
||Depreciation||||1,375|5,500|6,875|
||Support costs||||51,526|1,104|52,630|
||||||389,151|43,992|433,143|
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|10.|Analysis ofs|u|pport c|osts||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021f|2020|
||Waste disposal||and cleaning|||||6,106|10,172|
||Insurance fees|||||||9,295|7,440|
||Office costs|||||||8,029|7,796|
||Telephone|||||||6,127|7,663|
||Bank charges|||||||858|1,336|
||Training|||||||1,178|946|
||Travel|||||||(891)|4,704|
||Heat and light|||||||7,827|8,612|
||Miscellaneous||costs|||||1,548|2,411|
||Independent|examiner fee||||||1,725|1,550|
|||||||||41,802|52,630|
|11.|Net income|||||||||
||Net income is stated after charging/(crediting):|||||||||
|||||||||2021
5|2020
f|
||Depreciation|oftangible||fixed assets||||6,875|6,875|
|12.|Staffcosts|||||||||
||The total staff costs and employee||||benefits for the|reporting|period are analysed|as follows:||
|||||||||2021
f|2020
6|
||Wages and salaries||||||131,857||132,838|
||Social security||costs|||||4,327|5,442|
||Employer contributions|||to pension|plans|||5,339|5,529|
||||||||141,523||143,809|
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|14.|Tangible fixed asset|s|||
|---|---|---|---|---|
|||||Motor|
|||||vehicles|
|||||E|
||Cost||||
||At 1 April 2020 and 31 March 2021|||27,500|
||Depreciation||||
||At 1 Apnl 2020|||7,104|
||Charge for the year|||6,875|
||At 31 March 2021|||13,979|
||Carrying
amount||||
||At 31 INarch 2021|||13,521|
||At 31 March 2020|||20,396|
|15.|Debtors||||
||||2021|2020|
||||E|E|
||Trade debtors||138,039|13,814|
||Prepayments||6,861|6,806|
||Other debtors||2,781|8,006|
||||147,681|28,626|
|16.|Creditors: Amounts|falling due within one year|||
||||2021|2020|
||||E|E|
||Trade creditors||3,459|23,627|
||Accruals and deferred|income|1,725|1,675|
||Social security and other taxes||25,202|2,183|
||Other creditors||2,790|1,810|
||||33,176|29,295|
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|Analysis of|charitable|charitable|charitable|funds||||||
|---|---|---|---|---|---|---|---|---|---|
||||||At 1 April||||At 31 March|
||||||2020|Income
8|Expenditure
f|Transfers|2021
E|
|Unrestricted|funds|||||||||
|General fund|||||24,620|708,644|(538,781)||194,483|
|Restricted funda||||||||||
|WEEE Purchase||Van||||||||
|fund|||||16,500||(5,500)||11,000|
|Lease Settement|||||12,000||||12,000|
|New Shop fund||||||4,290|||4,290|
||||||53,120|712,934|(544,281)||221,773|
||||||At 1 April||||At 31 March|
||||||2019|Income|Expenditure|Transfers|2020|
||||||6|8|E||E|
|Unrestricted|funds|||||||||
|General fund|||||21,209|392,562|(389,151)||24,620|
|Restricted funds||||||||||
|WEEE Purchase||Van||||||||
|fund||||||22,260|(5,760)||16,500|
|Lease Settement|||||12,000||||12,000|
|Rent fund||||||25,000|(25,000)|||
|Electical equipment|||fund|||1,000|(1,000)|||
|Staff support|and|training||||11,104|(11,104)|||
|Repair grant||||||1,128|(1,128)|||
||||||33,209|453,054|(433,143)||53,120|
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|19.|Analysis of net asse|Analysis of net asse|ts between funds||||
|---|---|---|---|---|---|---|
||As at 31 March 2021||||||
|||||Unrestricted|Restncted|Total Funds|
|||||Funds|Funds|2021|
||||||6||
||Tangible fixed assets|||2,521|11,000|13,521|
||Current assets|||191,962|16,290|208,252|
||Net Assets|||194,483|27,290|221,773|
||As at 31 March 2020||||||
|||||Unrestricted|Restricted|Total Funds|
|||||Fundsf|Funds
8|2020
6|
||Tangible fixed assets|||3,896|16,500|20,396|
||Current assets|||20,724|12,000|32,724|
||Net Assets|||24,620|28,500|53,120|
|20.|Analysis ofchanges||in net debt||||
|||||||At|
|||||At 1 Apr 2020|Cash flows
f|31 Mar 2021
5|
||Cash at bank and|in|hand|20,342|54,885|75,227|
|21.|Related parties||||||
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|onated/Collected
It|ems Data|||||||
|---|---|---|---|---|---|---|---|
|||||From Ipswich|From
Areas|Other|Total|
|No of unique donors||||2356||336|2692|
|No of items||||15694||2577|18271|
|Weight of items||||19,9494.10KG|44,274.10 KG||243,768.20 KG|
|No ofitems reused||||1591||2320|3911|
|Weight of items reused||||42,236 KG|34,928.10 KG||82,672.10KG|
|No ofitems sold to Ipswich residents
from within
I swich|||collected|877||||
|Weight of items sold
collected from within|to Ipswich
I swich|residents||22,170.30 KG||||
|No of household
items||||2249||2298|4547|
|Weight ofhousehold|items|||47,744 00 KG|34,928 10KG||82,672 10KG|
|No ofelectrical items||||13445||279|13724|
|Weight ofelectncal items||||151,750.10KG|9,346 KG||161,096.10KG|
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||Envir|onmental
and|Financial
imp|Financial
imp|acts of re-use|calculator —Supplied
by Re-|calculator —Supplied
by Re-|Use Netw|ork|
|---|---|---|---|---|---|---|---|---|---|
||Methodology|for quantifying|environmental||and Economic|impacts of re-use from WRAP||research|2010-2011|
|||htt://w'ww.|wra|.or
.uk/sites/files/wra||/Final%20Reuse%20Method.||df||
||||IFP Im acts 2020-2021Post Code IP1 - IP4|||||||
|ICTand TVs||5221||0.045|234.94||1409.67|100|522,100|
|White|Goods|7942||006|476.52|0.8|381.216|150|1,191,300|
|Furniture||||||||||
|Household||1774||0.03|53.22|1|53.22|80|141,920|
|Office|Furniture|13||0.026|0.338|04|0.1352|41|533|
|Total||14,950|||765||1,844||1,855,853|
||||||tonnes||tonnes||Fsaved by|
|||Items|||saved||saved||households|
||||IFP Im acts 2020-2021|||Other Post Codes||||
|ICTand TVs||16||0.045|0.72|6|4.32|100|1,600|
|White|Goods|770||006|46.2|0.8|36.96|150|115,500|
|Furniture||||||||||
|Household||1,871||003|56.13|1|56.13|80|149,680|
|Office|Furniture|34||0.026|0.884|04|0.3536|41|1,394|
|Total||2,691|||104||98||268,174|
||||||tonnes||tonnes||Fsaved by|
|||items|||saved||saved||households|
|||||IFP Im|acts 2020-2021 All Post Codes|||||
|ICT and TVs||5,237||0.045|235.66|6|1413.99|100|523,700|
|White|Goods|8,180||0.06|490.8|0.8|392.64|150|1,227,000|
|Furniture||||||||||
|Household||2,642||0.03|79.26|1|79.26|80|211,360|
|Office|Furniture|87||0.026|2.262|0.4|0.9048|41|3,567|
|Total||16,146|||808||1,887||1,965,627|
||||||tonnes||tonnes||Esaved by|
|||items|||saved||saved||households|
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|A1|Total WEEE and furniture
items
donated
within
Ipswich|15748items|201.36
tonnes|All collected or donated
furniture
and
electrical items from Ipswich (A2+A3),|
|---|---|---|---|---|
|A2|Total WEEE items donated
within
Ipswich|13091items|153.26
tonnes|All collected or donated
electdical items
from Ipswich.|
|A3
]9b]|Total furniture
items donated
within
Ipswich|2657 items|48.09
tonnes|All collected or non-electrical
items from
Ipswich.|
|A4
(3]|Total collection bookings made
within
Ipswich|3070drops
booked||The total number ofdrops booked within
Ipswich (the date the drops were actually
booked rather than fulfilled).|
|A5|Total collection drops|2981 drops||The total number ofcollection trips made to|
|(4]|(collections) within
Ipswich|fulfilled||Ipswich households.|
|A6|Total unique
collection/dropped
off households
within
Ipswich|2348
households||Count of unique addresses
which items
were collected from in Ipswich. Includes
dropped
offitems without booked drops.|
|A7|Total items dropped
off|463 items||Number ofitems without drops that the
donor dropped
off.|
|A8
(5]|Bulky WEEE items from
households
for recycling
within
Ipswich|12753 items|141.06
tonnes|All electrical items collected within
lpswich
which have, or have had the status of
Scrap Collection IBC(subset ofA1)|
|A9
(6]|Bulky WEEE items donated
from
households
for reuse within
Ipswich|338 items|12.21
tonnes|All electrical items collected within
Ipswich
which have never had the status ofScrap
Collection
IBC(subset ofA1)|
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|Items|sold/reused
between|01 April 202|0 and 31 M|arch 2021|||
|---|---|---|---|---|---|---|
|B1
(1i(2)|Total reused
items
sold within
Ipswich|1788items|46.19
tonnes|8109,931.66 total
full price|687,94798
total paid|f21,983.68total
discounts|
|B2
[9a]|Total furniture
items
sold (reused)
within
Ipswich|1435 it
m|tonnes|687,379.83total
full price|668,927.64
total paid|f18,452.19total
discounts|
|B3|Total WEEE items
sold (reused) within
Ipswich|353items|855
tonnes|822,551.83 total
full price|619,02034
total paid|83,531.49 total
discounts|
|Items|recycled between 01|April 2020 and 31 March||2021|||
|C1|Comparative
WEEE|12753|141.06|Value of items|recycled = f9,168.71||
|[1]|items recycled|items|tonnes|(based on 565.00 per tonne)|||