REDHILL SHOPMOBILITY
(REGISTERED CHARITY NO: 1165439)
FINANCIAL ACCOUNTS
FOR THE YEAR ENDING 31[ST] MARCH 2024
REDHILL SHOPMOBILITY
FINANCIAL ACCOUNTS
FOR THE YEAR ENDING 31[ST] MARCH 2024
INDEX
Page 1 Trustees Report
Page 2 Statement of Financial Position Page 3 Balance Sheet Page 4 Notes to the Accounts Page 6 Independent Report
REDHILL SHOPMOBILITY
TRUSTEES REPORT
FOR THE YEAR ENDING 31[ST] MARCH 2024
The Trustees present their report for the twelve months ended 31[st] March 2024
The Trustees of Redhill Shopmobility are:
Gordon Jennings Chairman John Saberi Michael Fortune Heather Panter Secretary Karl Grouse David Vigar Linda Thomas Kamila Latacz Treasurer
Redhill Shopmobility was established by the Trust dated 20[th] June 1997, transferred to and incorporated entity 1[st] April 2017 and is registered with the charity commission no. 1165439. It is governed by its constitution.
Objectives
The objective of the organisation is to promote the relief to disabled persons, and those with limited mobility, by improving their mobility and access and by provision of wheelchairs and other equipment.
Results
The charity recorded the decrease in revenue by £19,300 to £270,548 for the year. We are continuing to source investment opportunity going forward.
Chairs Report
The success of Redhill Shopmobility is due to the hard work of a dedicated group of Trustees, a small team of staff and local volunteers.
Reserves Policy
The reserves policy is to build up a general reserve equal to 12 months expenditure thus securing the longterm operations of the scheme should the charity experience and short-term financial difficulties.
Redhill Shopmobility continues to grow and develop. One of the aims for the coming year is to secure a source of long-term funding and support from local businesses, so the charity can continue to support its growth without financial constraints.
Thank you again to the many people who make the scheme possible.
Gordon Jennings
On Behalf of the Trustees
REDHILL SHOPMOBILITY
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDING 31[ST] MARCH 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Incoming Resources | |||
| Fees and subscriptions | 6,854 | 5,467 | |
| Donations | 18 | 2,742 | |
| Sales of mobility goods | 187,740 | 218,267 | |
| Sales of mobility goods – recycling | 60,451 | 49,272 | |
| Equipment hire | 15,485 | 14,101 | |
| Grants | - | - | |
| Total Incoming Resources | 270,548 | 289,848 | |
| Resources expended | |||
| Direct Charity Expenditure | |||
| Cost of goods sold | 189,374 | 175,424 | |
| Equipment Additions | - | - | |
| Wages and salaries | 2 | 57,548 | 52,008 |
| Maintenance | 145 | 100 | |
| Postage and stationery | 585 | 269 | |
| Insurance | 3,152 | 2,737 | |
| Advertising | 192 | 1,200 | |
| Bank and card merchant fees | 1,244 | 3,568 | |
| Subscriptions | 365 | 365 | |
| Sundries | 908 | 1,845 | |
| Accountancy | 809 | 828 | |
| Computer Costs | 67 | 67 | |
| Donations | - | - | |
| Rent | 7,649 | 7,105 | |
| Electricity costs | 8,041 | 4,061 | |
| Total Resources Expended | 271,038 | 249,576 | |
| Net Resources (Outgoing) | (491) | 40,272 | |
| Fund Balance | 90,436 | 50,164 | |
| Fund Balance carried forward | 89,945 | 90,436 |
REDHILL SHOPMOBILITY
BALANCE SHEET
AS AT 31[ST] MARCH 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Current Assets | ||
| Stock | 13,768 | 13,768 |
| Bank and Cash Balance | 28,951 | 35,541 |
| Other | 47,226 | 41,127 |
| Net Current Assets | 89,945 | 90,436 |
| Restricted Fund | - | - |
| General Fund | 89,945 | **90,436 ** |
REDHILL SHOPMOBILITY
Notes to the Accounts
FOR THE YEAR ENDING 31[ST] MARCH 2024
1. Statement of Principal Accounting Policies
- a. Accounting Convention
The accounts have been prepared under the historical cost convention in accordance with applicable accounting standards and the statement of recommended practice on accounting by charities.
- b. Voluntary Income
Cash donations and gifts are included in the income and expenditure accounts when received.
c. Taxation
Shopmobility is a registered charity and as such, exemption applies to income arising and expended on its charitable activities.
2. Employee Remuneration
Gross salaries and wages of £Nil (2021: £Nil) were paid in the year to trustees for administration services in excess of trustee duties. This was deemed necessary and appropriate and agreed by all trustees.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Gross Wages and Salaries | 57,548 | 52,008 |
| Average Number of Employees | 5 | 5 |
REDHILL SHOPMOBILITY
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF REDHILL SHOPMOBILITY
FOR THE YEAR ENDING 31[ST] MARCH 2024
I report on the accounts of the charity for year ended 31[st] March 2024 which are set out in this document.
Respective responsibility of the Trustees and Examiner.
As the trustees you are responsible for the preparation of the accounts. You consider the audit responsibilities of section 43(2) of the Charities Act 1993 does not apply.
Independent Examiners Statement
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiners’ statement
In connection with my examination, no matter has come to my attention:
-
(1) Which gives me reasonable cause to believe that in any material respect the requirements:
-
a. To keep accounting records in accordance with section 41 of the 1993 Act; and,
-
b. To prepare accounts with accord with the accounting records and comply with the accounting requirements of the 1993 Act.
Have not been met; or,
- (2) To which, in opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: