310, Newlal AIEnuE Hull. FIUS 2NB Tel.. 014112 801320 RE FuRNfTURE SERVICE CIO 25, We5terdalt Cloge Ktyinghm E5t Riding of Yorkshi HU12911 Chairman's Re ort for the financial ear to 31" March 2025 Renin Furniture Service Itd continue to work with local authorities. comrnunity. voluntary & chantable groups to h¢lp those inosl in iieed in our ¢oiiiinunity. ,¢ have conliiiued lo provid¢ aS lo low-¢osi hoU1101d itcms to the Lon)Inunity as a whole. PERATIONS We are pleased overall with the WO done during the past year given the financial p)sition the country continues lo b¢ in and the lack of income people have available. With totals showin8 4028 households visiied combine4 with 2258 of these being to deliver some 5326 items to those seeking our help. The remaining households were to collect 5219 items which were donated to the charity to be p&ssed on to the coinmunity. This is a slighi decrease on last year's totals which also reflects the loss in income from sales. Many of th¢s¢ itcjns may have otherwise ¢nded up in landfill thou8h with just a small percentagc of what we collected not being usable, thus helping the environment as well as those in nd within our community so although a tough year for us we are proud of the dilTerence the charity has madc to people in need. The staff team are working well together both paid 8nd voluntary in very difficult circum.stances due to the economy and other pressure& but we have a stable and dedicated workforce. We are making a social impact on the communities where we work through provision of household items at low ¢ost. Over the last 12 months we have ¢ontinu¢d our online & social media presence to provide inforniation about our work along with uploading pictures of items available from our showroom. This has served us & the u%rs of the sites very well with the Facebook page continuing to do well with followers now at almost 7750. The websile continues to provide us with regular enquiri¢s & donations loo. We hav¢ conlinu¢d our close links with th¢ s(Kial work¢rs, Lommunity groups & suLial 18ndlords to provide much needed support to low-incorne families & indivtduals. with people finding themselves in even more difficulty with the increased cost of living we are finding even more coming to us. The partnerships with th¢ Mother Humber memorial trusl and the consortium grant giving trusts for whom we provide fimiiture packaged for. is (ntinuing io be a useful network in which we are reaching even more people in need. Our partnership with kwl to receive white goods continues this year giving us slightly more to test and pass on although it would be nice to r¢ceiv¢ inor¢. INCOME FUIYDIIYG The charity h&8 been mosdy seif-suslaining since 2007: this h&8 been achieved by our work with the rA)mmunity groups & income rettiv¢d through the sales of items in our showroom & local market too. We have endeavoured to keq) our prices the same over these years too in order to help as many people &8 po&8ible as wc know first hand just how people are really struggling. Wc havc sccn a drop in donations over the resent yeaTS due to increased competition such as other charities and online private salcs Sites & this h&s inevitably had a knock-on ¢ffrxt with the income from sales too but with small local grants received this year from the Sir James Reckitt charitable trust, ATnold Clark community fund and for this year a grant from the National lottery trust to help with the provision of out service to those tn need however this was rcccived in the previous financial year wkn'ch doesn't give an a¢curat¢ account of this years totals making it seem lik¢ w¢'ve mpdc a hugc loss wh¢n in actual fact w¢ haven'L we have simply spent the grants giv¢n to us within the bud8Ctin8 when planning for this last financial year.
EXPENDITURE Expenditure for this financial year has been higher than previous ones in part again due to rising costs as with cvery other busincss and charity but also the added payments made towards paying off the £ I 1000 debt w¢ had to clear with E-on which although mainly not our debt (a larbie portion belonging to the flat) we were required to pay having lost our battle with them sincc 2022 over who s responsibility it was. Rising fuel costs & van repairs along with staffing in¢r¢ased costs have all added up to a difficult fthanGial year. TURE PLAN, We constantly look for ways we Can help those in our community who are really struggling. and the next yeat will not be any different. We will continue to WO closely with the loca] community & our Partners to help the most vulnerable & look at ways we can better support those in need. Priding ourselves on being the lowest pri¢¢d furniture charity in our area we play a major role in helpin8 people gain access to low-cost essential household items through this difficult economic period whilst enabling them to sLiy Out of debt jusi for getting the essential items needed to live reasonable life. We will also continue to look at how we can balance the income over expenditure externally without adding to the already burdened income from sal¢& although we fear these will have to 80 up this next year simply as a result of the higher expenses we already are aware of such as rent increase and salary rises in line with government living wage rises. GOVERNANCE INTERNAL CONTRO The Truste¢,directorS speak regularly with the management team to review the progress of the work, with management infomiation being provided on operations overall. This report was approved by the members and trustees on the Th ApTiI 2025 Signed: Dated: 7th April 2025 Michael Priday (Trustee I Chairman) A Re9iStered charity Kk). 1158112 & company Itd by swarantee No. 05096199 Head office 310, Newland Avenue, Hull, HU5 2NB 01482801320
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 endin8 31 March 2025. Responslbllltles 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 Att 2011 {'the ACVI. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Att and in carrying out my examination I have followed all the applicable Directions given by the Charity Cornmission under section 145(5) Ib) of the Att. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to mv attention In connection with the examination givin8 me cause to believe that in any material respect: l. accounting records were not kept in respect of the charity as required by sectlon 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 concernin8 the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2CX)8 other than any requirement that the accounts give a 'true and fair view, whith is not a Matter considered as part of an independent exarnination. I have no concerns and have come across no other matters In connection 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: 5th April 2025
Rerun Furniture Service Ltd Accounts Year Ended 311312025 Receipts 2024-25 2024-25 2024-25 2023-24 U nrestrictec Restricted Total 8000 8000 Sir James Reckitts Charity Community Fund Hull & East Riding Charitable Trust Arnold Clark Community Fund Misc Donations Refunds DA Interest 8000 20000 4000 500 500 1383 14 88876 16 14 88876 16 85525 Total 97406 97406 118912 Payments Salaries inc Tax Ni Salary Admin Pensions DA Running Refunds Premises Vans Misc 76047 697 2890 253 1071 27831 4959 200 76047 697 2890 253 1071 27831 4959 200 68015 656 3421 637 852 17468 5192 100 Total 113948 113948 96341 Net SurpluslDeficit -16542 .16542 22571
Statsment of Assets and Liabilities 2024-25 2024-25 U nrestrictec Restricted 341 16474 4244 2024-25 Totsl 341 16474 4244 | 2023-24 | Cash Bank Hardship Paypal Outstanding Invoices Total 969 37008 268 645 21703 645 21703 38245 Open Surplus/Deficit Close 38245 -16542 21703 38245 -16542 21703 15674 22571 38245