Independent Examiners Report to the Trustees of Rerun Furniture Service Limited I report to the trustees on my examination of the accounts of Rerun Furniture Service Limited (the charity) for the year ending 31 March 2024. Responslbilitles and basls of report As the charity trustees of the charity. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Att'}. I report in respect of my examination of the charit5 accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515) (b) of the Act. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any materlal respect: l. accounting records were not kept in respect of the charity as required by section 130 of the Act," or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connettion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: John Albert Porter Address: 165, Newland Park Hull East Yorkshire HU5 2DX Date: 16th April 2024
Rerun Furniture Service Ltd Statement of Financial Activities Year Ended 311312024 Receipts 2023-24 2023-24 2023-24 U nrestrictec Restricted Total 8000 8000 20000 20000 4000 4000 1383 1383 85525 85525 2022-23 Sir James Reckitts Charity Community Fund Hull & East Riding Charitable Tri Misc Donations DA Interest 8000 533 85999 Total 118912 118912 94533 Payments Salaries inc Tax Ni Salary Admin Pensions DA Running Refunds Premises Vans Misc 68015 656 3421 637 852 17468 5192 100 68015 656 3421 637 852 17468 5192 100 63028 611 2460 12160 915 15709 5249 100 Total 96341 96341 100233 Net SurpluslDeficit 22571 22571 -5700
Rerun Furniture Service Ltd Balance Sheet at 311312024 2023-24 | 2023-24 2023-24 | 2022~23 | Unrestricted Restricted 969 37008 268 Total 969 37008 268 Cash Bank Hardship Paypal Total 15221 449 38245 38245 15674 Open SurpluslDeficit Close 15674 22571 38245 15674 22571 38245 21374 -5700 15674 For the year ended 31" March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibly for complying with the requirements of the Act with respect to accounting records and forthe preparation of account8. Mlchael Prlday (Directorlchair of Trustee's)
310, NewLand Av¢nue Hull, HU5 2NB Tel.. 01482 8013?0 RE FuRNrruRE SERVICE CIO 25, We5terdale Clost Ke)'ingham East Riding ol Yorkshire HU12 9TT Chairman's Re ort for the financial ear to 31" March 2024 Rerun Furniture SeTViCC Itd continue to work with local authoritics. community. voluntary & charitable groups lo help thos¢ most in n¢¢d in our community. Wc have continued to provide 3cces$ to Iow-COSt household items to the community as a whole. OPERATIONS We are pleased overall with the work done during the past year given the financial position of the country and the lack of disposable income people have now available. With totals showing 3915 households visited combined with 2683 of these being to deliver some 15802 items to those seeking our help. The remaining households were to collect 3906 item5 which were donated to the Charity to be passed on to the community. This is a significant increase on last year's totals. Many of these items may have otherwise ended up in landfill. with just a small pcrcenlagc of what we collected nol bein&7 usable, thus helping the environment as well as thos¢ in n¢ed within our community. The statl" team are working well together both paid and voluntary in very ditliculi circumslanccs due to the economy and other pressures. but we have a stable and dedicatcd workforcc. Wc are rnaking a social impact on the communities where we work through provision of household items at low cost. Over the last 12 Months we have continued and grown our online & social media presence to provide inforniation ahout our work alnng with uploading pictures of items available from nur showroom. This has served us & the users of the sites very well with the Facebook page conlinuing to do well with followers now over 7600. The website has picked up well too bFiving us regular enquiries & donations daily. We have continued our close links with the social workers. community giroups & social laiidlords to provide inucli Ji¢¢d¢d support to low-incoIn¢ families & individuals. witli people finding themselves in evcn more dityiculty Wlth the increased cost of living we are finding even more coming to us. The partnerships with the Mother Humber memorial trust and the consortium grant giving trusts for whom wc provide furniture packaged for. is continuing to be a useful nctwork in which we are reaching even more people in nced. We have recently slarted a partnership with MKM commercial who have the conlrdcl lo clear out council properties. this is giving us arcess to more white goods which once tested are able lo be passed on to needy families. IIYCOME & F The charity ha5 been mostly self-sustaining since 2007; this has been achieved by our work with th¢ community groups & income received through the sale5 of items in our showroom & local market too. We have endeavoured to keep our prices the same over these years too in order to help as many peoplc as possible as we know ftrst hand just how people are really struggling. We have seen a drop in donations OV¢T th¢ rcscnt years duc to increased competition such as other charities and online privatc sales sites & this has inevitably had a knock-on effect with the income from sales too but with small local grdnts received ihis year from the Sir James Reckitt charitable trust and once again the Hull & East Riding Charity trnst we are managing to keep the prices around the same.
EXPENDITURE Expenditure for this financial year has been like every other company I charity, higher! with added fuel costsl van repairs, utility and stsffing costs all adding to loss of income duc to the tinancial economy we continue to be in. FUTURE PLANS We constantly look for ways we can help those in our Community who are really stNggling, and the next year will not be any diffcrcnt. Wc will continuc to work closely with the local community & our partners to help the most vulnerable & look at ways w¢ can better support those in ne. Priding ourselves on being the lowest priccd furniture charity in our area we play a major role in hclping pcople gain access to low-cost essential household items through this difficult economic period whilst enabling them to stay out of debt just for getting the essential items needed to live a reasonable life. We will also Lontinue to look at llow we can balance the iiicomc ovLr expLnditure extenially without adding to ihe already burdened income from sales. As part of this we are delighted io have received a grant from the National lottcry community fund in the amount of L20.000 which will go towards covering the outgoings for this financial year and with the small profit made from the previous years work we are looking forward to another good year of helping others. GOVEILYANCE & INTERNAL CONTROLS The Trustcc's/directors speak regularly with th¢ management team to review th¢ progress of the work, with management inforniation being provided on opcrations overall. This report was approved by the members and trustccs on the 8 April 2024 Slgned: Dated: 8h April 2024 Michael Priday (Trustee I Chairman) A Re9lStered charity No. 1158112 & company Itd by guarantee No. 05096199 Head office 310, Newland Avenue. Hull, HU5 2NB 01482801320