swtNDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION SWINDON CHtLDREN'S SCRAPSTORE UNIT 7 BRAMBLE CLOSE ELGIN INDUSTRIAL ESTATE SWINDON WILTSHIRE SN2 8DW REGISTERED NUMBER 1168574 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
swtNDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 CONTENTS Page Charity Informatlon Statement of Responsibilities Trustees, Report Independent Examiners, Report Statement of Financial Actlvities Bfilance Sheet 10 Notes to the Financial Statements 11
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION CHARITY INFORMATION CHARITY NUMBER 1168574 TRUSTEES S. Cheney S. Connell S. Huggins R. Sihra CHIEF EXECUTIVE OFFICER O. Mccann REGISTERED OFFICE Unit 7 Bramble Close Elgin Industrial Estate Swindon Wiltshire SN2 8DW BANKERS Co-operative Bajth PLC PO Box 250 Skelmer5dale WN8 6WT INDEPENDENT EXAMINER Robert Raynes Bridleway Cottage 85 Priors Hill Wroughton Swindon SN4 ORL
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED QRGANISATION TRUSTEES, RESPONSIBILITIES Charity law requires the trustees to prepare fmancial statements which give a true and fair view of the state of affairs of the charity and of the surplus or deflcit of the charity for that period. In preparing those fuiancial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent" Follow applirable accountsns standards, svbj¢¢t to any mat¢rial d¢partures disclosd aD_d explained in the financial statements; Prepare the financial statements on the going concern basis unless it is inappropriate tr) presume that the charity will continue in business. In addition to complyirAg with charities, legislation the trustees are also required to have regard to the Statement of Recommended Practice, Accoun(ing and Reporling by ("liarilie,s.' Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2015). The trustees are responsible for keeping proper accounting records which disclose with reasorsable ac¢uracy at any tim¢ the fiThan¢ial position of the Charity and to enable them to ensure that the fmancial statemeDts comply with the SORP and the Charities Act 201 l. They are also responsible for safeguarding the assets of the charity and hence for taking aSOnable steps for the prevention and detection of fraud and other irregularities.
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2025 The truslees present theRr report and the financial statements for the year ended 3 Ist March 2025. IntrodtIon This report covers the period from the last reported year ended 1st April 2024 to 3 1st March 2025. erna ce ana Swindon Children's Scrapstore is a charity governed by its Trust Deed. Members support the aiwLs of the organisation and are invited to the Annual General Meeting. Members elect the trustees of the management committee. ec intment o Mana ttee Our aim is to ensure that the needs of our clients are appropriately reflected through the diversity of the tnistee body and to enhance the potential pool of tntees, the charity s¢eks to identify potential new trustees relevant to the nature of its work. Business, social care, fmancial services, human resource management and legal skills are well represented on the maTogement committee. In an effort to maintain a broad skill mix, mernbers of the management conJnittee are requested to provide an outline of tbeir skills and, in the event of particulai skills being lost due to retirnents, indivlduals are approached to offer themselves for election to the management committee. An annual audit of skills is Caled out to identify any existing gaps irj the Board. Trustee Induction and Trainin The charity operates a clear procedure for the recruitment of new trustees. Any potential new trustees are firstly invited to meet with the Chief Executive at the offices of the charity. An overview of the charity's work is provided at this session, together with a tour of the building to meet with staff members. At this stsge an infonnation pack is provided, outlining the operational structure of the charity, tbe work carri¢d out by each service, the current fmancial position as set out in the latest published financial statements, and future plang and objectives. After submitting an application form and CV the candidate will be invited to meet with the Chairperson and one other trustee for interview. At this stage the discussions will take place regarding the responsil)ilities of being a trustee of the organisation and the suitability of the candidate will be assessed.
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCQRPQRATED QRGANISATIQN TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Potential trustees will be asked to provide a CV as evidence of their skills and background. Following their intervAew if the panel recommend the candidate as a suitable trustee, they will then be then invited to attend the next full meeting of the management committee. After this, existing trustees formally vote on the suitability of each candidate as trustees and, once accepted, can thereafter function on the conunittee as co-operative member. At the first Annual General Meeting following this, the members of the charity vote on whether to accept the co-opted member as fvll tru8tees. Risk Mana ement The trustees have reviewed major risks 1< nd assessed the charity's nTrin constraints as part of its annual business planning piocess. Systems have been established to initigate any risks to which the charity may be exposed. In addition to the above the charity is involved in an area of voluntary service Rn which it is ess¥nikal, for the protection of those served by the chayity, for employees to be properly assessed in order to minimise risk both to the charity's beneficiaries and the employees themselves. For this reason, before any prospective employee is engaged by the charity, comprehensive checks will be conduct¢d by way of ectives a ctivities The focus of the organisation's WOTk covers the following areas - (i) To promote for the benefit of the inhabitants of Swindon and the siwrounding area the provision of facilities for recreation or other leisure tlme occiipation of individuals who have need of such facilities by reason of their youtty age, infirmity or disablemenL fmancAal hardship or social and econonlic circurnstances or for the piiblic at large in the interests of social welfare and with th¢ obj¢¢t of improving the ¢ondition of lif¢ of thp said inhabilants. (li) The protection and preservation of the environment for pubtic benefit in Swindon and surrounding areas, in partAcular by: a) Collecting, storage and redistriblltion of reusable waste for a¢ craft and play. b) Advancing the education of the public and promoting the benefits of all aspects of waste Te-use; c) The relief of financAal hardship througli the provisioii of waste re-use and related activities. d) The provision of training or retraining and work experience in waste re-use and Telated activities. Swindon Children's Scrapstore non-party political, non-sectarian and an equal opportunities employer. blic Benefit The trustees have bad fegaid to the Charity Commission guidance with regard to public benefit. The charity provides opportunities to all people irrespective of race, gender or reb'gious or sexual orientation.
swtNDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Vlsits made to the Scrapstore: 7,808 members of the public visited the Scrapstore during the yvdr. IA82 baskets and 583 Trolleys of non-priced creative resources were collected from the ScrapstOTe by our members and customers during the period l April 2024 - 31" March 2025. Waste diverted from landfill: 825 tonnes of redimdant reusable materials were diverted from landfill back into Te-use for the benefit of the local community and at the saine time protecting the environmenL Community Repaint Scheme: 1,788 litres of paint were passed on to local people and community groups, thus saving the environment by diverting toxic waste from landfill. Offiee Furniture Reuse Project: We redisttibuted 29$ itenis = approxirnately 40 tonnes of reusable oifice furnithre to local schools, charities, Sn11 businesses and community groups. Project Reboot: We redistributed 173 refiwbished cornputers, laptops and tablets to local community groups and people on low incomes wbo otherwAse would not be able to afford to buy a computer. We also provided volunteering opportunities supporting 2 volunteers on the l.T project Strappers Boxing Gym & Community Fitness Centre: provides access to fitness and boxing skills at low cost to all members of the community of Swindon and surrounding areas aged 5 to 100. We worked directly with 1,024 young people aged 5 - 24 years and 1,345 adults aged 25 years and above. Voluntsering Opportunities Project: The smooth running of the Scrapstore operntlons is faciljtated by a regular team of volunteers wbo help to deliver vitsj project roles. including reception, shop, stock Preparatio shelf-filling, driving the van, helping WAth collections, administration and the operation of IT and network systems. Volunteer in Kind Support: We provide regular volunteering and work placement oppOrnitieS for 32 regylar volunteers each year, they work on average 18 hours each per week over 50 weeks this piovides us with 2&800 hourg of volunteer in kind siipport per year. In addltion, we accept referrals from the Swindon Probation Service to provide community payback where offenders work on projects to pay back the community for their Crimes. Financial Revieiy: The charity has a financial deficit this year, due to increased overheads, the cost of living crisis and some community projects we deliver nllming at a dUCed capacity following relocation and lack of space to accommodate the project in our cUent premises. We have taken steps to eliminate the deficit by cutting leaselrental costs and reducing operating ¢xpehLses. We have sufficienl reserves to tneet the deficit.
swtNDON CHIU)REN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Reserve Polic The Trustees believe that the charity should hold sufficient financial reserves to facilitate the winding down of the charity's operations in the event of the charity ceasing to operate on a pernmnent basis. To achieve this, the charity's policy is to have unrestricted fvnds amounting to between three to six months of expenditure. Plans for Future Periods The trustees are focussed on the need to seek sustainable funding for the provision of our service in Swindon and see this as a main priority througbout the year alongside continuins to recruit, develop and support ow volunteer workforce. The charity is fundraising and building up general reserves with the intention of purchasing a building frorn which to condiict its operations. This Cost of this property is expected to amount to approxinwtely £800,000. On Behalf of the Tntee8 S.R Cheney 18 November 2025
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION INDEPEIWENT EXAMINER'S REPORT REGISTERED CHARITY NUMBER: 1168574 To the trustees of Swindon Children's Scrapstore, I report on the fftnancial statements of the st cb.ari.ty foT th.e year ended 31 Mch 2025. wh.irh are set out in pages: 9-18. Res onsbi ilities and Basis of Re ort As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act"). I r¢port in iespect of my oxamination of thè Trnsts aeeounts carried out under stetioo 145 of th 2011 Act and in carrying out my examinatioffj I have followed all the applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. nde endent Examiner's Statement The charities OsS iThcome exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants in England and Wales. I have completed my examination, I confirm that oo material matt¢rg have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance witb Section 130 of the Charities Act: or the accounts did not accord with the accounting records: or the accounts did not eompty with the applicable requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) RelIationS 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 connection with the examination to which attention should be dtawn in this report An order to enable a proper understsnding of the accounts to be reached. Robert Raynes Bridleway Cottage 85 Priors Hill Wrougbton Swindon SN4 ORL 18th November 2025
SrnON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION STATEMENf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 24 Unrestri¢t¢d Fund8 Generdl Desiated R¢stricted Funds Funds Total Total Incoming ResouT¢e5 Incomitig Resouttes from Generated Funds Donations and Gifts Activities for Generatiug Fwid$: Sales Boxing Rin8 Sale Van Dispx)sal 114,749 114.749 158,635 56,113 56,113 51,972 4,000 400 1,095 5,842 391 10.165 400 1,095 5,842 39] 10,165 1,385 5244 532 2.717 Memberships Miscellaneous Ineome ]nvestment Income Incomitig Resources from Charitable Activities Grsnts 14,173 14,173 1,905 Total In¢oming Resources 75 Resourees Expended Costs of Generating Funds- Sal Charitable Activities Governance C05tS 737 229.280 6,113 737 251.310 6,113 J26 254,768 5,708 22.030 Total R¢sourees Expeaded £236 30 £22030 £ LLLO £ 260 602 Net endittire fo i Transfers betw¢¢n Funds ea (47,375) (7,857) {55232) (34212) 25 (22375) 149,857 (25,000) 340,275 (7,857) 57,422 (55232) 547,554 {34,212} 581,766 Fund Balanc¢s BTougbi Fonva Fwid Balances Catried Forward £IL2 £ILL75 £4 £492
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION BALANCE SHEET AS AT 31ST MARCH 2025 Note 2024 TANGIBLE ASSETS Tpngible Fixed Assets 9,205 5,453 CURRENf ASSETS Stock tkbtOT8 Cash at Batth and in Hand 6,411 5.736 6.464 12.584 53 50 83 CREDrfoRS: Amounts falling due within one year 41 NET CURRENf ASSETS 483,117 542.101 TOTAL ASSETS LESS CURREIq LIABtLITIES £492 322 £ 547 55A RESERVES Restricted Funds 49,565 57,422 Desiated Funds 315,275 340275 un$t11c*d Funds 127.482 149,857 10 £ 492 322 £547 The fioancial statements Te approved by the trustees of the MmIttee on 18th November 2025 and ar¢ 5igncd on theirbehalf by: TNstees io
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 I. ACCOUNTING POLICIES A). Basis of Accounting The fmancial statements have been prepared under the Historical Cost Convention and in accordance with the Standard of Recomrnended Practice applicable to charities preparing their financial statement in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I st January 2015). B). Financial ReportlDg Standard 102 - Reduced disclosure exemption The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard in the UK and Republic of Irelalld" _ the requirements of Section 7 Statement of Cash Flows. C). Voluntary Income Voluntary income is received by way of donations and grants and is included in filll in the income and expenditure account when received. D). Donations in Kind The charity is fortunate in the level of support it receives from its volunteers. Without this voluntaTy support, considerable expense woiild be incurred. It is not tlioiight meaningful or practicable to put a monetsry value on the support but the committee is grateful to those who provide it. E). Gi'ants Grants receivable and payable are included in the financial statements when received or paid. Where grants are received 01 made for a defined period any amounts Telating to a period extending beyond the charity's accounting date are deferred. F). Restricted and Unrestricted Funds The financial statements distinguisb between restricted and utwestricted funds. The fonner funds are received from doiiors and are subject to restrictions on the purposes for which they may be used. Unrestricted funds are those where they are no externally imposed restrictions. They include those freely available to the charity for expenditure or appropriation to reserves for internally designated purposes. G). Designated Funds The trnstees have decided to set up a designated fund to allocate monies towards the acquisition of a property. In allocating fldS to the designated funds the trustees will ensure that adequate ndS are maintained in restricted and unrestricted funds to ensure the sustainability of the charity.
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 H). Resources Expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: - Costs of generating fvnds comprise the costs associated with attrncting voluntsry income. - Cbaritable expenditure comprises tbose costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indire¢t nature necessary to support the - Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and irAclude the audit fees and costs linked to the strategic management of the charity. - All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resources. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor areas, per capita OT estimated usage. 12
swDoN CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 202S I.ACCOUNTING POLICIES I). Deprecaation Depreciation is calculated to Write off the cosL less estimated residual values, of tangible f¢d assets over their expected useful lives, as follows: Plant and Equipment Motor Vehicle 330/0 330/0 Straight Line Method Straight Line Method Expenditure amounting to less than £100 per item is not capitalised. J). Restricted Funds The charity's restiicted fijnds have the following puryoses: l. The Tbreadneedle Foundation: Boxing for Health - Mental Health Sessions at Scrappers Gym and Boxing for Health - Sessions for people wbo are Partially Sighted (changed to Boxing for Health in 202 I122). Grant for sessional worker fees for Disability Sessions (£2,000) and purchase of Gym Equipment for Disabled (£ 1,000) received in 2022123. Grant for Gym Equipinent (£250) received in 2023124. Grant for l 00 Christmas Presents for Children 2024 (£1,000) received in 2024125. 2. Persimmon Charitable FoiiftdatlOD: Grant towards replacing the lighting at Scrappers Gym and winning of voting competition prize for scrappe Community Gym. 3. Nei bourl Communi Fund: Grant towards Scrapstore Utility Costs from Lidl. 4. Midcounties Co-o erative Communi Fund: Grant towards Volunteer Expenses. 5. The Bi Give: Christmas presents for local children in need. 6. St. James's Place Foundation: Grant towards General Expenses. es t - NatAonwide Co ou datio Grant towards the cost of a new van for Scrapgtore. Deferred from 2023124. 13
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 nt Year Fiithrc Yea CE es cted Grants: The ThTeadneedle Foundation N¢ighboutly CommunityFund Midcounlies c0perntive Community Fund St. James's Place Foundation The Big Give Nationwi(k ComrAunity FowidRtion 1,000 230 90 2,500 353 10,000 230 2,500 353 10,000 2025 co Stsff Costs Admin Costs Profrssionai Fees 4.270 1,423 3,966 1,322 Nel IncomeApeDdlthre for the year is stated afi¢T ¢barging: Depreciation 14
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION Y40TES TO THE FtNANCtAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 SSE Plant and Motor Cost At 1st ApTiI 2024 Additions at Cost 75,926 60,926 15,000 tPClatIon At 1st April 2024 Charge for the Year 70,473 57,908 12,565 Net Book Amowit At 3 Isl March 2025 At 3 1st March 2024 205 £3 6. STOCK Stock comprises goods for resale and is valued at the lower of cost and estimated net realizable value. Cost is detcrniined on a fitst-in, first-out b&gis, Net realizable value is b&sed on estimated s¢llin8 price, less any fvrther Costs of realization. 20 7. DEB Ttade Debtors Prepaym¢nt3 2,012 724 4,587 £1 584 8. CRED Trade Credito Regtricied Grdttts received in Advance Accruals and Deferred Incom¢ ue with. one 5,159 1,069 10,000 7.722 9. Restricted Grants CeiVed in xdva Nationwlde Commiinity Found4fion ce £10,000 15
SWINDON CHILDREN:S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31"MARCH 2025 io. Balance 1st April 2024 Cuffent Year Grnnts iv Funds Expendit Balance 3 1st March 2 estri¢ted F The Threthdle Foundation N¢A8hiK)urly Con)munity Pond P¢tsimmon Charitabl¢ Foundation Midcounti¢$ Co-operdtive ConuDunity Fund St. James's Pla Foundation The Big Give Nationwide Coumnunity Fowidation 1,899 1,000 230 2,531 230 6,326 368 55523 49,197 90 2.500 353 10,000 2.500 353 10,000 Gen¢tal Fund Total Charity Funds £54 Gtants Teceiv¢d in advance are shown iti note nin¢. 16
Swll+0N CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2025 Ji.s STS Theff was one ¢mploye¢ who was in reccipt of remuneration in excess of £60.000 duting the year. Aggregate payroll costs are analy5ed as follows.. Grnss sal7¢8 130.597 121,625 10564 Employer's National Jnsurance 11,751 Pemion The average number of fvll-time equivalent employees of the charity was 4.0 (20214.0) analysed as follows: Adrninistration. Management and Support Durin8 the y¢8r, no exp¢ns¢s wue paid to ally ttusttts of the cbarity, 12.0 TENG EASE COMM Land And Land And Expiring witbin one to years 13. CONTrOL The Chitable incoryorakd organisation is controlled by its trnstees. No individual exercises overall control. 17
SWINDON CHILDREN'S SCRAPSTORE CHARITABLE INCORPORATED ORGANISATION INCOME AND EXPENDITURE ACCOUNT ST FOR THE YEAR ENDED 31 MARCH 2025 2025 ?024 Cn¢rnl Don0$ SoTrp Rc50UEces DonatioD$ otriee FUrnire DollatiODS Reptlint Scberne Dowtions Bicyde Sale8DonatiODS Gitl Atd Donations Reith1sed Expellxs Conyuter Ptoied DoD4tions New Shnp Food Dooations 414 53,702 7.154 3.576 1.538 71550 4,¢Y87 3,894 176 22,088 155 4238 43.641 7J8 15939 260 4J47 InterThet Sate5 Shop Sale Boxiti8 Rittg Sale Van Dispo981 (3)Oym Subs {4) Mernbersbip (51 Miscellaneoys kn¢om¢ CoMmlty LotteryPaywts Onlitte Shop P051a8¢ yetheI Income 16) FuDdrnisin8 fOrMn building 54,895 1218 50,401 1571 4,000 400 1,095 lJ85 5J44 381 520 12 2.717 10,165 st¢OP Siock B8Dk Service Ch•rg Adivili¥s Ev¢At ConlTDcI Labwr Lic¢nc&s PeTrnits Mwketing ond Pron1 Mis¢¢ltaD¢ous Donnti0Tr5 Food Parcels olee Suppli Retst OlherPr¢mi$¢s Cos IDsutanc¢ OUDti08 Coosuliiog Website maintence S8Iori¢s hnd Wgges Sucitit Security Pension Stsff Expts VOI(eerExPCtt5t9 T¢lepboD¢ aod kntalk Vebitlt ExpeTrse D¢preci&ion 737 1,467 Ih23 1900 126 725 2250 1268 205 583 319 3,571 13.828 68943 10263 IIA)82 58,082 028 636 636 480 858 121,625 0.563 2.195 iJ)so 2?16 2.467 6,620 603 130,597 2 J79 830 2265 7M98 Sur$ for the Year 32 £34 18