| Page | |||
|---|---|---|---|
| Trustees' report |
1-2 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 6-11 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| Notes | f | 6 | ||
| Income from: | ||||
| Donations and legades |
3 | 2,500 | ||
| Charitable activities |
4 | 256,364 | 212,296 | |
| Total income | 258,864 | 212,296 | ||
| ~E* dit |
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| Raising funds | 5 | 3,121 | 3,330 | |
| Charitable activities |
6 | 215,138 | 185,472 | |
| Total expenditure | 218,259 | 188,802 | ||
| Net income for the yearl | ||||
| Net movement in funds |
40,605 | 23,494 | ||
| Fund balances at 1 November | 2020 | 41,149 | 17,655 | |
| Fund balances at 31 October | 2021 | 81,754 | 41,149 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notos | f. | f | |||||
| Fixed assets | |||||||
| Tangible assets | 6,744 | 3182 | |||||
| Current assets | |||||||
| Debtors | 10 | 10.212 | 6,658 | ||||
| Cath et bonk | and in | hand | 71.664 | 36258 | |||
| 82.076 | 44,917 | ||||||
| Creditohu amounts |
falling due within | ||||||
| one year | (6,066) | (8,930) | |||||
| Nct curront abele | 76.010 | 37,987 | |||||
| Total assets | less current liabiTi5es | 81,764 | 41,149 | ||||
| Income funds | |||||||
| Unrestricted | funds | 81,764 | 41,149 | ||||
| 61.734 | 41,149 |
| Charity information |
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|---|---|---|---|---|
| Weee Charity is a public benefit entity under FRS 102. |
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| Accounting convention |
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| The financial statements have been prepared in accordance with the charity's |
[governing | document], | the | |
| Charities Act 2011,FRS 102 "The Financial Reporting Standard applicable in the |
UK and Republic of Ireland" | |||
| ("FRS 102")and the Charities SORP "Accounting and Reporting by Charities: 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 (FRS 102)" (effective 1 January 2019).The |
charity is a Public |
|||
| Benefit Entity as defined by FRS 102. |
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| The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement |
of | |||
| Cash Flows. | ||||
| The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to |
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| the extent required to provide a true and fair view. This departure has involved |
following | the Statement | of | |
| Recommended Practice for charities applying FRS 102 rather than the version of |
the Statement |
of | ||
| Recommended Practice which is referred to in the Regulations but which has since been withdrawn. |
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| The financial statements are prepared in sterling, which is the functional currency of the |
charity. Monetary |
|||
| amounts in these financial statements are rounded to the nearest E. |
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| The financial statements have been prepared under the histortical cost convention, [modified to include |
the | |||
| revaluation offreehold properties and to include investment properties and certain |
financial | instruments at |
fair | |
| value]. The principal accounting policies adopted are set out below. |
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| 1.2 | Going concern | |||
| At the time of approving the financial statements, the trustees have a reasonable |
expectation that the charity |
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| has adequate resources to continue in operational existence for the foreseeable future. |
Thus the trustees | |||
| continue to adopt the going concern basis ofaccounting in preparing the financial |
statements. | |||
| Charitable funds |
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| Unrestricted funds are available for use at the discretion of the trustees in furtherance |
of their charitable | |||
| objectives. | ||||
| Restricted funds are subject to specific conditions by donors as to how they may |
be used. | The purposes | and | |
| uses ofthe restricted funds are set out in the notes to the financial statements. |
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| Endowment funds are subject to specific conditions by donors that the capital |
must be | maintained by |
the | |
| charity. | ||||
| 1.4 | Income | |||
| income is recognised when the charity is legally entitled to it after any performance |
conditions have been met, |
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| the amounts can be measured reliably, and it is probable that income will be received. |
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| Cash donations are recognised on receipt. Other donations are recognised once |
the charity | has been notified | ||
| of the donation, unless performance conditions require deferral of the amount. |
Income | tax recoverable | in | |
| relation to donations received under Gift Aid or deeds ofcovenant is recognised at the time |
ofthe donation. | |||
| Legacies are recognised on receipt or otherwise if the chartity has been notified |
of an impending distribution, |
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| the amount is known, and receipt is expected. If the amount is not known, |
the legacy is treated as a |
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| contingent asset. |
| Charitable | Charitable | |
|---|---|---|
| activities | activities | |
| 2021f | 2020f | |
| Online sales | 61,196 | 43,590 |
| Shop income | 52,473 | 80,596 |
| Sale ofscrap | 24,237 | 24,367 |
| Grants received | 118,458 | 63,743 |
| 256,364 | 212,296 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2021f | 2020f | ||
| TTdi | T | ||
| Purchases | 3,121 | 3,330 | |
| 3,121 | 3,330 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| expenditure | expenditure | |||
| 2021 | 2020 | |||
| f | K | |||
| Staff costs | 148,377 | 124,818 | ||
| Depreciation | and | impairment | 3,333 | 2,681 |
| Insurance | 2,181 | 2,167 | ||
| Light and heat | 2,672 | 2,067 | ||
| Telephone | 3,630 | 3,356 | ||
| Printing and |
stationery | 642 | 152 | |
| Food for volunteers | 404 | 2,065 | ||
| PayPal charges | 195 | 574 | ||
| Postage and | carriage charges | 5,567 | 12,369 | |
| Motor and travel | expenses | 23,031 | 24,919 | |
| ITconsumables | and software | 591 | 515 | |
| Rent ofpremises | 17,819 | 5,450 | ||
| Professional | fees | 5,552 | 1,925 | |
| Other charitable | expenditure | 1,144 | 2,414 | |
| 215,138 | 185,472 | |||
| 215,138 | 185,472 |
| The average | monthly number ofemployees during th |
e year was: | |
|---|---|---|---|
| 2021 | 2020 | ||
| Number | Number | ||
| 10 | 10 | ||
| Employment | costs | 2021 | 2020 |
| E | |||
| Wages and | salaries | 148,377 | 124,818 |
| 9 | Tangible fixed assets | Tangible fixed assets | Tangible fixed assets | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|---|---|---|
| Plant and | Fixtures and | Computers | Motor vehicles | Total | |||||
| equipment | fittings | ||||||||
| 8 | F | ||||||||
| Cost | |||||||||
| At 1 November | 2020 | 471 | 1,332 | 2,635 | 7,938 | 12,376 | |||
| Additions | 5,915 | 5,915 | |||||||
| At 31 October | 2021 | 6,386 | 1,332 | 2,635 | 7,938 | 18,291 | |||
| Depreciation | and impairment | ||||||||
| At 1 November | 2020 | 471 | 910 | 1,455 | 6,518 | 9,354 | |||
| Depreciation | charged | in the year | 1,478 | 295 | 1,420 | 3,193 | |||
| At 31 October | 2021 | 1,949 | 910 | 1,750 | 7,938 | 12,547 | |||
| Carrying amount |
|||||||||
| At 31 October | 2021 | 4,437 | 422 | 885 | 5,744 | ||||
| At 31 October | 2020 | 562 | 1,180 | 1,420 | 3,162 | ||||
| 10 | Debtors | ||||||||
| 2021 | 2020 | ||||||||
| Amounts falling due |
within one year: | E | 8 | ||||||
| Trade debtors | 4,117 | 3,038 | |||||||
| Other debtors | 6,095 | 3,581 | |||||||
| Prepayments | and accrued income | 40 | |||||||
| 10,212 | 6,659 | ||||||||
| 11 | Creditors: amounts | falling due within | one year | ||||||
| 2021 | 2020 | ||||||||
| 8 | |||||||||
| Other taxation | and social security | 2,824 | 675 | ||||||
| Trade creditors | 362 | 4,224 | |||||||
| Accruals and | deferred | income | 2,880 | 2,031 | |||||
| 6,066 | 6,930 |