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|||||||||Page|
|---|---|---|---|---|---|---|---|---|
|Trustees'|annual
report|(incorporating||the|directors'|report)|||
|Independent
examiner's||report to the||trustees|||||
|Statement|of financial
activities||(including||income|and expenditure|account)||
|Balance sheet|||||||||
|Statement|of cash flows||||||||
|Notes to|the financial
statements||||||||
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|Registered|charity|name|name|Ipswich|Furniture|Project|
|---|---|---|---|---|---|---|
|Charity registration||number||1151719|||
|Company|registration||number|05170995|||
|Principal office and|||registered|Hogarth|Road||
|office||||Ipswich|||
|||||Suffolk|||
|||||IP3 OEY|||
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|||M Allison (Chair)||
|---|---|---|---|
|||M Brunning||
|||N Burfield||
|||E Harsant||
|||P Henry||
|||F Loader||
|||M Regnault||
|||M Whitworth||
|Patron||The Rt Hon 3 Gummer,|Lord Deben|
|Company Secretary||RWhitehead||
|Independent|examiner|LThurston
FCCA||
|||Lovewell Blake LLP||
|||Chartered
accountants||
|||First Floor Suite||
|||2 Hillside Business Park||
|||Bury St Edmunds||
|||IF32 7EA||
|Bankers||Barclays Bank Pic||
|||Ipswich||
|||IP1 1PB||
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|f|5|F|5|
|Income and endowments||||||||
|Donations
and legacies|||5|19337||19,337|30,286|
|Charitable
activities|||6|509,893||509,893|603,863|
|Other trading
activities||||148,747||148,747|150,497|
|Investment
income||||505||505|18|
|Total income||||678,482||678,482|784,664|
|Expenditure
Charitable
activities|||7|706,257||706,257|739,917|
|Total expenditure||||706,257||706,257|739,917|
|Net (expenditure)/income||before|transfer of|||||
|funds||||(27,775)||(27,775)|44,747|
|Transfers
between|funds|||12,000|(12,000)|||
|Net movement
in|funds|||(15,775)|(12,000)|(27,775)|44,747|
|Reconciliation
of|funds|||||||
|Total funds brought|forward|||254,520|12,000|266,520|221,773|
|Total funds carried forward||||238,745||238,745|266,520|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Note||E|F||
|Fixed assets||||||||
|Tangible fixed assets|||12||||6,646|
|Current assets||||||||
|Stocks||||20,285||22,988||
|Debtors|||13|37,126||21,988||
|Cash at bank and|in|hand||193,786||268,115||
|||||251,197||313,091||
|Creditors: Amounts||falling due within||||||
|one year|||14|(12,452)||(53,217)||
|Net current assets|||||238,745||259,874|
|Total assets less|current liabilities||||238,745||266,520|
|Net assets|||||238,745||266,520|
|Funds ofthe charity||||||||
|Restricted funds|||||||12,000|
|Unrestricted
funds|||||238,745||254,520|
|Total charity funds|||16||238,745||266,520|
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|Year ended 31 Ma|rch|2023||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||F|F|
|Cash flows from operating
Net (expenditure)hncome||activities||(27,775)|44,747|
|Adjustments
for:||||||
|Depreciation
oftangible|fixed|assets||6,646|6,875|
|Other interest receivable|and|similar income||(505)|(18)|
|Accrued expenses||||570|105|
|Changesin:||||||
|Stocks||||2,703|(4,468)|
|Trade and other debtors||||(15,138)|125,693|
|Trade and other creditors||||(41,335)|19,936|
|Cash generated
from operations||||(74,834)|192,870|
|Interest received||||505|18|
|Net cash (used in)/from|operating
activities|||(74,329)|192,888|
|Net (decrease)/increase
in
Cash and cash equivalents||cash and cash equivalents
at beginning
ofyear||(74,329)
268,115|192,888
75,227|
|Cash and cash equivalents||at end ofyear||193,786|268,115|
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|Donations
and legacies|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
|||||6|6|f|
|Donations|||||||
|Other grants and donations|||2,837|2,837|473|473|
|Grants|||||||
|Ipswich Borough Council|||11,500|11,500|18,000|18,000|
|Mrs L D Rope Third Charitable||Trust|||10,000|10,000|
|Suffolk Community
Foundation|||5,000|5,000|||
|Job Retention Scheme|||||1,813|1,813|
||||19,337|19,337|30,286|30,286|
|Charitable
activities|||||||
||||Unrestncted|Total Funds|Unrestricted|Total Funds|
||||Funds
5|2023
f|Funds
F|2022
f|
|Income from purchased|goods||438,626|438,626|513,028|513,028|
|Income from other services|||20,061|20,061|25,038|25,038|
|Removals,
collections and dehveries|||51,206|51,206|65,797|65,797|
||||509,893|509,893|603,863|603,863|
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|Expenditure
on char|itable
activities||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||F|6|F|
|Electrical appliances|for resale|225,727||225,727|
|Furniture
for resale||63,661||63,661|
|WEEE purchases|||||
|Project materials||8,414||8,414|
|Rent, rates and service charge||30,541||30,541|
|Staff costs||224,990||224,990|
|Motor expenses||29,669||29,669|
|Repairs and renewals||13,252||13,252|
|Tool and equipment||20,782||20,782|
|Volunteer expenses||17,288||17,288|
|ITservices and consultancy||21,657||21,657|
|Marketing||50||50|
|Depreciation||6,646||6,646|
|Support costs||43,580||43,580|
|||706,257||706,257|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
||||6|6|
|Electrical appliances|for resale|272,181||272,181|
|Furniture
for resale||66,353||66,353|
|WEEE purchases|||17,500|17,500|
|Project materials||29,262||29,262|
|Rent, rates and service charge||32,535||32,535|
|Staff costs||179,536||179,536|
|Motor expenses||23,875||23,875|
|Repairs and renewals||255|4,290|4,545|
|Tool and equipment||23,608||23,608|
|Volunteer expenses||22,570||22,570|
|ITservices and consultancy||15,406||15,406|
|Marketing||16||16|
|Depreciation||6,875||6,875|
|Support costs||45,655||45,655|
|||718,127|21,790|739,917|
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|Analysis ofsu|pport co|st|s||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023f|2022|
|Waste disposal|and cleaning||||||7,077|6,208|
|Insurance fees|||||||7,678|7,585|
|Office costs|||||||3,239|4,338|
|Telephone|||||||4,462|6,689|
|Bank charges|||||||1,594|1,964|
|Training|||||||2,125|900|
|Travel|||||||1,755|2,352|
|Heat and light|||||||11,021|12,275|
|Dues and subscriptions|||||||2,634|1,464|
|Independent
examiner fee|||||||1,995|1,880|
||||||||43,580|45,655|
|Net (expenditure)/income|||||||||
|Net (expenditure)/income|||is stated|after charging/(crediting).|||||
||||||||2023|2022|
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|Depredation
oftangible||fixed assets|||||6,646|6,875|
|Staff costs|||||||||
|The total staff costs and||employee||benefits for the reporting|period|are analysed|as follows.||
||||||||2023|2022|
|Wages and salaries
Social security costs||||||206,144
10,925||165,223
8,177|
|Employer contnbutions
to|||pension|plans|||7,921|6,136|
|||||||224,990||179,536|
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|12.|Tangible fixed asset|s|||
|---|---|---|---|---|
|||||Motor|
|||||vehicles|
||Cost||||
||At 1 April 2022 and|31 March 2023||27,500|
||Depreciation||||
||At 1 April 2022|||20,854|
||Charge for the year|||6,646|
||At 31March 2023|||27,500|
||Carrying
amount||||
||At 31 March 2023||||
||At 31 March 2022|||6,646|
|13.|Debtors||||
||||2023|2022|
||Trade debtors||30,136|14,998|
||Prepayments||6,990|6,990|
||||37,126|21,988|
|14.|Creditors: Amounts|falling due within one year|||
||||2023|2022|
||Trade creditors||960|17,773|
||Accruals and deferred
income
Social security and other taxes||2,400
7,545|1,830
31,904|
||Other creditors||1,547|1,710|
||||12,452|53,217|
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|Yea|r ended 3|1 March|1 March|2023||||||
|---|---|---|---|---|---|---|---|---|---|
|16.|Analysis of|charitable||funds||||||
||||||At 1 April||||At 31 March|
||||||2022
6|Income
6|Expenditure
6|Transfers
E|2023f|
||Unrestricted|funds||||||||
||General fund||||254,520|678,482|(706,257)|12,000|238,745|
||Restricted funds|||||||||
||Lease Settlement||||12,000|||(12,000)||
||||||266,520|678,482|(706,257)||238,745|
||||||At 1 April||||At 31 March|
||||||2021|Income|Expenditure|Transfers|2022|
||||||6|6|F|F|5|
||Unrestricted|funds||||||||
||General
fund||||194,483|784,664|(718,127)|(6,500)|254,520|
||Restricted funds|||||||||
||WEEE Purchase||Van|||||||
||fund||||11,000||(17,500)|6,500||
||Lease Settlement||||12,000||||12,000|
||New Shop fund||||4,290||(4,290)|||
||||||221,773|784,664|(739,917)||266,520|
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|17.|Analysis ofnet asse|Analysis ofnet asse|ts between funds|||||
|---|---|---|---|---|---|---|---|
||As at 31 March 2023|||||||
|||||Unrestdicted|Restricted|Total|Funds|
|||||Funds|Funds||2023|
||||||6||6|
||Current assets|||238,745||238,745||
||Net Assets|||238,745||238,745||
||As at 31 March 2022|||||||
|||||Unrestricted|Restricted|Total Funds||
|||||Funds|Funds||2022|
|||||6|6|||
||Tangible fixed assets|||6,646|||6,646|
||Current assets|||247,874|12,000|259,874||
||Net Assets|||254,520|12,000|266,520||
|18.|Analysis ofchanges||in net debt|||||
|||||||At||
|||||At 1 Apr 2022|Cash flows|31Mar|2023|
||||||6||6|
||Cash at bank and|in hand||268,115|(74,329)|193,786||
|19.|Related parties|||||||
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||||From Ipswich|From Other
Areas|Total|
|---|---|---|---|---|---|
|No ofunique donors|||1087||1630|
|No ofitems|||3728|2298|6026|
|Weight ofitems|||115,717.40 KG|64,585.40 KG|180,302.80 KG|
|No ofitems reused|||2619|1715||
|Weight ofitems reused|||70,053.90 KG|42,089.40 KG|112,143.30 KG|
|No ofitems sold to Ipswich residents
from within
I swich||collected|1997|||
|Weight ofitems sold
collected from within|to Ipswich residents
I swich||53,765.80 KG|||
|No ofhousehold
items|||2987|1970|4957|
|Weight ofhousehold|items||88,33080 KG|54,441.40 KG|142,772.20 KG|
|No ofelectrical items|||741|328|1069|
|Weight ofelectrical items|||27,386.60 KG|10,144.00 KG|37,530.60 KG|
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||||IFP Im acts 2022-2023 Post Code IP1 - IP4|IFP Im acts 2022-2023 Post Code IP1 - IP4|IFP Im acts 2022-2023 Post Code IP1 - IP4|IFP Im acts 2022-2023 Post Code IP1 - IP4|IFP Im acts 2022-2023 Post Code IP1 - IP4||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||~
~|||||
|ICTand||TVs|77|0.045|3465|6|20.79|100||7,700|
|White|Goods||568|0.06|34.08|0.8|27.264|150||85,200|
|Furniture||Household|2,410|0.03|72.3|1|72.3|80||192,800|
|Office|Furniture|||0.026|0.208|0.4|0.0832|41||328|
|Total|||3,039||109||120|||6284,108|
||||||tonnes||tonnes|||saved by|
||||||saved||saved|||households|
|||||IFP Im acts 2022-2023 Post Codes other|||||||
|||||||||||~
~|
|ICT and||TVs|30|0045|1.35|6|8.1|100||3,000|
|White|Goods||305|0.06|18.3|0.8|14.64|150||45,750|
|Furniture||Household|2,019|0.03|60.57|1|60.57|80||161,520|
|Office|Furniture||62|0.026|1.6212|04|0.6448|41||2,542|
|Total|||2,416||82||84|||2212,812|
||||||tonnes||tonnes|||saved by|
||||||saved||saved|||households|
|||||IFP lm acts 2022-2023 Post Codes all|||||||
|ICTand||TVs|107|0.045|4.815||28.89|100||10,700|
|White|Goods||873|0.06|52.38|0.8|41.904|150||130,950|
|Furniture||Household|4,429|0.03|132.87||132.87|80||354,320|
|Office|Furniture||70|0.026|1.82|0.4|0.728|41||2,870|
|Total|||5,479||192||204|||f498,840|
||||||tonnes||tonnes|||saved by|
||||||saved||saved|||households|
||Environmental||and Financial|impacts ofre-use calculator Supplied|||by Re-Use|Network|Methodology
for||
|||quantifying|environmental|and Economic impacts||ofre-use from WRAP research|||2010-2011||
||||http:/twww. wrap. org.uk/sites/files/wrap/Final%20Reuse%20Method.|||||pdf|||
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