Draft Financial Statements forWEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) Report of the Trustees, and Unaudited Financial Statements for the Year Ended 31 October 2025 for WEEE CHARITY 11Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) Trustea8' A Hilton {Appointed 1410912023) (Appolnted 14109/2023) (Appointed 1410912023) (Appointed 14109120231 A Brock S Bennett C Preston Charlty Number 1169658 (England & Wales) Charlty Addres8 11 Tanningcourt W8rrington WA12HF 21Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) NT Tru8tee's Report Indepandont Examlnor'8 Report Statement of Flnanclal Actlvitles Balanca Sheet Notos to the Flnanclal Statomont 10-17 31Page
Draft Financial Statements forWEEE Charity as at 31 October2025 Charity Registration Number 1169658 (England & Wales) The trustees present their annual report and financial statements for the year ended 31 October 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity'8 constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnanci81 Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" {effectlve 1 January 2019). ObJectlv•$ and actlvltles The charity's objects are: The protection and preservation of the environment for the public benefit by the promotion of waste reduction, reuse, reclamation, recycling and use of recycl6d products. The relief of fin8ncial hardship by the recycling and provision of electrical and electronic it8m8, The prevention and relief of poverty in Warrington and other parts of the UK as the Trust88s may determine, by providing gr8nt8, items and services to individuals in need and charities and other organisations working to prevent or rglieve pov8rty. To 8SSlSt our volunteers back into paid 8mployment where p085ible and to provide a supportive environmont wh8re volunt8ers can learn a range of useful skills. The trustees hav& paid due ragard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achlovam•nts and pertormanc• Bu8ine8888 are continuing to use our services to recycle office equipmont. We are able to use this equipment to provide good quality affordable equipment to tho88 on limited budgets. Our volunteers learn valuablo skllls, both involved in the recycling and refurbishment of computer equipment and in other valuable work skills which is Important as some of them go on to seek paid employment. The charity has important benefits forthe local community both in terms of providing a viable recycling facility, thus reducing waste also working with volunteers from the local community to increase employability skills and help to combat loneliness. When surplus funds arise, we make donations to charities whose objectives are In ling With our own and we are also proud to provide sponsorship for a child abroad. Volunteers come to us via Warrington Voluntary Action, the local Job Centre and The Prince's Trust. We are always grateful to our volunteers who help us meet our ch8ritable purposes of recycling and reducing waste. 41Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) RU po Flnanclal review The Charity's total income for the year ended 31 October 2025 w8s £376,889. Total expenditure was £294,126 resulting in a proflt of £82,762. The total of the unrestricted general funds carried forward at 31 October 2025 was £99,843. It 18 the policy of the charityth8t unrestricted funds which have not been designated for 8pecific u88 8hould be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserv88 8t this level will ensure that, in the event of a significant drop in funding, they will be able to continu8 the ch8rity'8 current activities while con8ider8tion 18 given to ways in which additional funds may be ralsed. Reserves has fallen 8ignific8ntly below th18 level as at the end of the accounting period. Trust&es and staff are 8Ctively engaged with plans to restore the lev81 of reserves to the 8mounts required by the policy. 51Page
Draft Financial Statements forWEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England &Wales) The trustees have assessed the major risks to which the ch8rity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Structure, governance and management. The ch8rity is controlled by its governing document, a deed of trust. The trustee8 who served during the year and up to the date of signature of the financial statements were: A Hilton A Brock (Appointed 14 September 2023) S Bennett (Appointed 14 September 2023) C Preston (Appointed 14 Septembgr 2023} (Appointed 14 September 2023) When appointing new trustees, we considerthe skills whlch they can contribute to the runnlng of the charity to ensure we have a br08d range of skills available to us. We always welcome interest from potential trustaes. The charity is run on a day-today basis by two Paid Charity M8n8gers who manage a team of Staff and volunteers. None of the trustees has any beneficial interest in the charity. The trust888' report was approved by the Board of Truste68. A Hilton Trustee Date: 61Page
Draft Financial Statements forWEEE Charity as at 31 October2025 Charity Registration Number 1169658 (England & Wales) I report to the trustees on my examination of the financial statements of WEEE Charity for the year ended 31 October 2025 R98ponslbllltl88 and ba818 of tho report As the trustees of the charity, you are responsibl8 for the preparation of the flnancial 8tatement8 in accordance with the requirements of the Charities Act 2011. I report In respect of my ex8mlnatlon of the charity'8 flnancial statements carried out under 8OCtion 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(bl of the Charities Act 2011. Indepondent Examlner's Statement I have completed my examination and confirm that no materi81 matters have come to my attantion in connection with the examination glving me cause to believe that in any material respect: 1. Accounting record8 were not kept in respect of the Trust 88 required by section 130 of the Act; or 2. The 8ccounts do not accord with those records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable 8 proper und8rstanding of the accounts to be reached. 71Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) OR UNRESTRICTED FUNDS 2025 UNRESTRICTED FUNDS 2024 Notes Income from.. Charitable Actiwtles 376,889 282,456 Total Income 376,889 282,456 Expendlture on: RalslngFunds Charltable Actlvltles 294, 126 275,972 Total Expendlture 294, 126 275,972 Net expendltureand movement In funds 82,782 6,484 Reconclllatlon of Funds Fundbalances oll November2024 17,081 10,597 Fund balances at31 October2025 99,843 17,081 81Page
Draft Financial Statements forWEEE Charity as at 31 October2025 Charity Registration Number 1169658 (England & Wales) BALANCE SHEET DE 2025 Notes 2024 Flxed Assets Tanglble Assets 17,016 io 5,408 Current Assets Debtors Cash 8tbankandln hand li 82,827 11,673 82.827 11,673 Credltors: amounts lalllngdue wlthln one yoar Nol curr8m assets 82,827 11,673 Total a880ts le8s current Ilabllltl8s 99,843 17,081 The funds olthe charlty UnrestrlctedFunds 13 99,843 17,081 The financial statements were approved and signed by A Hilton Trustee Data 91Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) 1. Accountlng pollcia¥ Charlty Informatlon WEEE Charity is a publlc benefit entlty under FRS 102. 1.1 AGcountlng conventlon The financial statements have been prepared in accordance with the charity's governing docum8nt, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Ch8ritl88: Statement of Recommend8d Practice applicable to charitie8 preparing their accounts in accordancewith the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" The charity is a Public Benefit Entity as defined by FRS 102. The charity h8S taken 8dv8ntage of the provisions in the SORP for charlties not to prepare 8t8t8ment of cash flows. The financial statements hav8 departed from the Charities {Accounts and Reports} Regulations 2008 only to the extent raquired to provide a true and fair view. This departure has involved following the Statement of Recommended Pr8Ctice for charities applying FRS 102 rather than the v8r8ion of the Statement of Recommended Practice, which is r8f8rred to in the Regulations, but which has since baen withdrawn. The fin8nci81 statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts In these financial statements are rounded to the nearest £. The fin8ncial statements have been pr8par@d under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern These financial statements are prepared on the going concern basis. The trustees have a reasonable expectation that the charity will contlnue In operational exist8nc8 forth8 foreseeable future, however, the trustees are aware of certain materlal uncertainties which m8y cause doubt on the charity's ability to contlnue as a going concern. 1.3 Charitable fund8 Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectiV8S. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capit81 must be maintained bythe charity. 101Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 {EngLand & Wales) NOT 1.4 Income Income is recognised when the charity Is legally entitled to it after any performance conditions have been met, the amounts can be measured reli8bly, and it is probable that income will be received, C8sh donations are recognised on receipt. Other donations are racognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income t8x recov&rable in relation to donations received under Glft Aid or deeds of covenant is recognised at the time of the donation. L8g8cies are recognised on receipt or otherwise If the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the 8mount is not known, the legacy 18 treated 88 a contingent 8sset
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) 1 Accounting policies (Contlnuod) 1.5 Expendlture Expenditure is recognised once there 18 8 leg81 or constructive obligation to transfer economic benefit to 8 third party, it is probable that a transfer ot economic beneflts wlll be required in settlement, 8nd the amount of the obligation c8n be measured reliably. Expenditure Is classlfied by activity. The costs of each activlty are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity 8re 8llocated directly to that activity. Shared costs which contribute to more than one 8Ctivity and support costs which 8re not attributable to a single 8Ctivity are apportioned between those activities on 8 basis consistent with the use of resources. Central staff costs are allocated based on time spent, and depreciation charges are allocated on the portion of the a8S8t'S Use. 1.6 Tanglble flx6d a88et8 Tangible fixed assets are initially measured at cost and Subsequently measured 8t cost or valuation, net of depreciation and any impairment1088es. Depreciation is recognised to write off the cost or valuation of a88ets la88 their residual values over their useful lives on the following bases: Plant and equipment Fixtures and fittings Computers Motor vehicles 25% on cost 250h on reducing b818nce 25 % on reducing balance 25% on cost The gain or loss arising on the disposal of an asset is determined as tha difference between the sale proceeds 8nd tho c8rrying value of the asset and is recognised in the statement of f inancial activities. 1.7 Impalrment of flxed a88•t8 At each r8POrting end date, the charity reviews the carrying amounts of its tangibl8 assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated to determlne the extent of the impairment loss lif any}. 1.8 Cash and eash equival6nts Cash and cash equivalents include cash In hand, deposits held at callwith banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 121Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) Fl 1.9 Financlal instrument3 The charity has elected to 8pply the provisions of Section 11 'Basic Financial Instruments, 8nd Section 12'0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance Sheet when the charity become8 party to the contractual provisions of the Instrument. Financial assets and li8bilities are offset, with the net amounts pres8nted in th8 financial stat8m6nts, when there is 8 legally enforceable right to set off the recognised amounts and there 18 an intention to settle on 8 net basis or to re81ise the asset and settle the liability simult8naou8ly. Baslc flnanclal a896t8 Basic financial assets, which include debtors and cash and bank b8lance8, are initially measured at transaction price including transaction costs and are subsequently carried at 8mortised cost using the effective interest method unless the arrangement constitutes a fin8ncing transaction, where the transaction 18 measured at the present value of the futura receipts discounted at a market rate of interest. Financial 8ssets cl889ified es receivable within one ye8r are not amortised. Ba8lc flnanclal Ilabllltle8 Basic f inancial liabilities, including creditors and bank loans are initially recognis8d at transaction price unless the 8rrangement constitutes a financing transaction, wher8 the debt instrument 18 measured at tha present V8lue of the future payments discounted at a market rate of interest. Financi81 Ilabillties c18ssified as payable within one year are not amortised. Debt in8trument8 are 8ubsequently carri8d at amortised cost, using tha effective interest rate method. Trade creditors are obligatlons to pay for goods or services th8t have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subseq uently measured at amortised cost uslng the effective interest method. Derecognition of f inancial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged orc8ncelled. 131Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) 1.10 Employee benefit8 The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination beneflts are recognised immediately a8 an expense when the charity18 demonstrably committed to terminate the employment of an employee or to provide termination benefits. 2 CrltlcaL accountlng estlmates and Judgemants In the appllcatlon of the charity's accounting policie8, the trustees are required to m8ke judgements, estimates and assumption8 about the carrying amount of assets and li8bilitles that sre not readily apparent from other sources. The estimates and associated 888umption8 are based on historical experience and other factors that are relevant. Actual results may differ from these estimates. Th6 estimates and underlying assumptions are r8viewed on an ongoing basis. Revi8ion8 to acoounting e8timates are recognised in the period in which the estimata is revis&d where the revision affects only that period, or in the period of the revision and future periods whare the revision affects both current and futur6 periods. 141Page
Draft Financial Statements forWEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) Tl 3. Charltable actlvlties Charltable A¢tlvltles 2025 Charitable Actlvltles 2024 Onllne Sales Shoplncome Sale ofscrap Grantlncome 290,290 32,532 34,066 20,000 214,223 47,705 19,552 976 376,889 282,456 4. Expendlturè ol ralslngfunds Unrastrletod Funds Unrestrlcted Funds 2025 2024 Tradlngcosts Other TradlngActlvltl8s S. Charltable Actlvltles Charltable Expgndlture 2025 Charltabl Exp6ndltur8 2024 Staff Costs Depreclatlon andlmp81rment Insur8nce LightandHeat Telephone Prlntlng& statlonery EqulpmentHlre Subslstence Posragè & Carrlage Charges Motor& TravelExpenses Repalrs & Malntenance Irconsumables andsoftware Subscriptlons R8ntofpremlsè$ ProfesslonalFees Rates Hotel&Accommodatlon CleanlngExpenses Other Charitable Expendlture 206,504 946 2,490 7.329 2,419 164,713 1,003 2,664 4,978 2,343 144 379 3,259 17,948 33,540 2,726 240 2,453 9,193 32,669 2,542 617 619 15,857 7,374 1,453 88 1,333 108 17,322 4,108 1,467 2,813 2,373 14,085 294, 126 275,972 N.3 These are ouriigures taken fromlnformation we havè receivedfrom openlngbaian¢e figures FY24 151Page
Draft Financial Statements for WEEE Charity as at 31 October 2025 Charity Registration Number 1169658 (England & Wales) 6. Net Movement In Funds 2025 2024 The net movement In funds Is stated after charginglcredltlng Feespayable for the Independentexamlnatlon of the charltles rinancialstatements 600 600 Depreclatlon of owned tangible fixed ass6ts 946 1,003 7. Trusteos None of the trustees (oranypersons connected wlth them) have recelvedanyremuneratlon orbenellts from the charltydurlng the year 8. Employees 2025 Number 2024 Number The average monthlynumber of employees durlngthe year was.. 12 Employment Costs 2025 2024 Wages andsalarles 206,504 164,713 Therewere no employeeswhose annualremuneratlon was more than £80,000 Remuneratlon of keymanagementpersonnel was as follows 2025 2024 Aggregate Compensatlon 9. Taxatlon The charity is exempt from taxation on its activities because all of their Income Is applled for charitable purposes 161Page
Draft Financial Statements for WEEE Charity as at 31 October2025 Charity Registration Number 1169658 (England & Wales) Fl 10. Tangible Flxed Assets Plant and Equlpment Flxtures and Flttln Comput¢rs Motor Vehlcles Total Cost At l November2024 7.974 1,332 4,733 7,938 21,977 At 31 O¢tober 2025 7,974 13,88S 4,733 7,938 34,530 Depr•clallon and Impalrment At l November 2024 Dapreclatlon charg•d In theyaar 4,275 1,163 3,194 7,938 16,570 665 73 208 945 At31 October 2025 4,939 1,236 3.401 7,938 17,514 CarrylngAmount At 31 October 2025 3,035 12,649 1,332 17,018 At31 October 2024 3,700 169 1,539 5,408 11. Debtors 2026 2024 Amounts falllng due wlthln one year Prepayments and accrued Sncome 12. Crèdltorl Amounts lalllng due wlthln one year 2026 2024 Other faxatlon & So¢lalSecurlty Accruals and dglerred Income 37,985 11,927 37,985 11,927 171Page