CHELMSFORD FURNITURE PROJECT ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31[st] JANUARY 2021
Charity number 1155605
CHELMSFORD FURNITURE PROJECT FINANCIAL STATEMENTS YEAR ENDED 31[st] JANUARY 2021
| CONTENTS | |
|---|---|
| Charity Information | 1 |
| Trustee’s report | 2 |
| Independent Examiner’s report to the Trustees | 3 |
| Receipts and Payments | 4 |
| Statement of assets and liabilities | 5 |
CHELMSFORD FURNITURE PROJECT CHARITY INFORMATION YEAR ENDED 31[st] JANUARY 2021
| Date of Registration | 3rdFebruary 2014 |
|---|---|
| Registered Charity number | 115565 |
| Registered Address | 38 Duke Street |
| Chelmsford | |
| Essex | |
| CM1 1HY | |
| Trustees | Mr Ismail Emin |
| Mr Gary Morgan | |
| Mr Mark Embery | |
| Mr Neil Harget Resigned | |
| Bankers | Barclays Bank |
| 40-41 High Street | |
| Chelmsford | |
| Essex | |
| CM2 0AW | |
| Accountants | Richardson & Co Accountants |
| Cornish Suite | |
| Lynderswood Business Park | |
| Lynderswood Lane | |
| Black Notley | |
| Essex | |
| CM77 8JT |
CHELMSFORD FURNITURE PROJECT TRUSTEE’S REPORT YEAR ENDED 31[st] JANUARY 2021
OBJECTIVES AND ACTIVITIES
The charity objective is to relieve financial hardship by recycling furniture, clothes and other household items to those in need. The provisions of services to individuals in need and charities or other organizations working to prevent or relieve poverty.
The charity was not active for the year ended 31[st] January 2021 due to the Corona Virus Pandemic.
ACHIEVEMENTS AND PERFORMANCE
The Charity intends on resuming normal activities once the Pandemic has passed.
FINANCIAL REVIEW
The statement of financial activities shows total receipts during the year of £0 and payments of £4,221, resulting in net payments of £4,221.
Reserves Policy
There are currently no cash reserves as the charity has not traded for the year ended 31[st] January 2021.
CHELMSFORD FURNITURE PROJECT TRUSTEE’S REPORT YEAR ENDED 31[st] JANUARY 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is constituted under the model constitution for Charitable Incorporated Organizations and was registered as a CIO on 3[rd] February 2014.
New trustees are appointed by a resolution passed at a properly convened meeting of the existing trustees. In selecting individuals for appointment, the trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
The trustees make available to each new trustee, on or before his or her first appointment:
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A copy of the current version of the constitution; and
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A copy of the CIO’s latest Trustees’ Annual report and statement of accounts.
DEVELOPMENTS AFTER THE YEAR END
The Coronavirus pandemic resulted in the closure of the charity’s shop until February 2022. The Trustees considered winding up the Charity, but decided against this course of action when Mr Emin was appointed in July 2020.
Approved by the Trustees on 30[th] March 2022 and signed on their behalf by:
Ismail Emin
Ismail Emin
Trustee
CHELMSFORD FURNITURE PROJECT INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES YEAR ENDED 31[st] JANUARY 2021
I can confirm Mr Emin has informed me that the charity did not trade for the year ended 31[st] January 2021. The stock was initially kept at the Charities registered address but then relocated into storage to save the expense of rental costs.
Maria Richardson
Maria Richardson
Richardson & Co Accountants Cornish Suite Lynderswood Business Park Lynderswood Lane Black Notley CM77 8JT
31[st] March 2022
CHELMSFORD FURNITURE PROJECT RECEIPTS & PAYMENTS YEAR ENDED 31[st] JANUARY 2021
| RECEIPTS Sales and donations Loan Total Receipts PAYMENTS Rent Rates Volunteer Honoraria Light and Heat Telephone Website costs Insurance Motor-fuel and service costs Travel, subsistence and sundry expenses Printing, Postage and Stationery New Beds and Mattresses Bank Charges Accountancy Total Payments Net receipts /(payments) Cash funds brought forward Cash funds carried forward |
Total Funds 2021 0 0 0 4,221 0 0 0 0 0 0 0 0 0 0 0 0 4,221 (4,221) 4,221 (0) |
Total Funds 2020 48,721 755 …………. 49,476 27,845 1,579 2,091 724 1,312 100 908 6,576 2,569 222 2,466 16 634 47,042 2,434 1,787 4,221 |
|---|---|---|
CHELMSFORD FURNITURE PROJECT STATEMENT OF ASSETS & LIABILITIES YEAR ENDED 31[st] JANUARY 2021
| Assets 2021 Cash at Bank 0 Petty cash 0 Cash funds 0 Liabilities Loan 0 |
2020 3,821 400 4,221 |
|---|---|
755 |
Approved by the trustees on 30[th] March 2022 and signed on their behalf by
Ismail Emin
Ismail Emin
Trustee