| Briefstatement ofthe charity's policy on reserves |
The charity aims to maintain reserves to cover any shortfall in funding unexpected expenditure and aims to maintain reserve funds for three months ofoperating costs. |
|---|---|
| The charity has placed an amount off27,000 Into the restricted funds cate o, for the future installation ofa lift, |
|
| Details ofany funds materially in deficit |
None |
| Further financ1al review details | (Optional information) |
| You may choose to include additional information, where relevant about: |
Dus to the COVID-19 pandemic, the Centre was only open to the public for the last six months ofthe reporting period. |
| ~ the charity's principal |
There were no fundraising events. |
| sources offunds (including any fundraising); |
f29,776 of income arose from donations, fees and sales. |
| ~ how expenditure has supported the ksy objectives ofthe charitir, |
Ths shop received a grant off10,000from a private local chadty to set up and it generated sales off24,782 in the first six months ofopening. |
| ~ investment policy and objectives including any ethical investment policy adopted. |
Expenditure off37,099was incurred to maintain the running ofboth the Centre and the shop Cash in hend and at bank at 31 March 2021 was f132,379. |
| ~ . a ~ ~ . ~ . ~ |
This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.