Registered number: 1177557 Charity number: 1177557 ## TEEN CHALLENGE LONDON REUSE (CIO) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 TCL REUSE (A CIO) CONTENTS ||Page| |---|---| |Reference and Administrative Details of the Charity, its Trustees and Advisers|1| |Trustees' Report|2| |Independent Examiner's Report|8| |Statement of Financial Activities|10| |Balance Sheet|11| |Notes to the Financial Statements|12| ## REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 Trustees ## CHRISTOPHER GERRARD COUGHLAN DAVID JOHN TARR JOHN JASON WILLIAM HENRY Company registered number 1177557 Charity registered number 1177557 Registered office TCL Reuse Centre Unit 1, 330 – 348 Uphall Road Ilford, Ess IG1 2JJ ## Accountants Probitas Accountancy Chartered Certified Accountants, Business & Forensic Advisors 180 Chigwell Road, South Woodford, London E18 1HA Page 1 TCL REUSE (CIO) ## TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021 ## TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2021 The Trustees present their annual report together with the financial statements of the company for the 1 April 2018 to 31 March 2019. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), 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 2015) as amended by Update Bulletin 1 (effective 1 January 2015). The company is a registered CIO TCL REUSE charity (CIO) number 1177557 Objectives and Activities a. Activities for achieving objectives The activities adopted in furtherance of these objects are: To collect useable second hand furniture, white goods for free to be able to divert them from landfill. Make saleable either through refurbishment, repair, cleaning and/or testing the collected second hand goods. To sell at an affordable price the second hand goods to the general public, to be able to cover the majority of the operating costs to make the project self-sustaining. Pricing is designed to drive volume ahead of profitability to prioritize recycling. To wherever possible donate directly or through referral from government agencies or other charities the second hand goods to those in need or being rehoused. To employ staff who empathize with the charities objectives and are committed to the environmental and social objectives. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. More information on the charity can be found on our website https://www.tclreuse.org/ TCL REUSE (CIO) TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021 ## ACTIVITIES The agreed rent that the TCL Reuse project would pay Teen Challenge London for the use of the building (unit1 330-348 Uphall road) is currently a monthly amount of £4,000 which started 1[st] January 2021.This amount was an increase of £1,000 per calendar month. The increase amount takes into account the market value and the increase 2,500 square feet to the shop floor. Breakeryard Ltd a local company were kind enough to give an amount of £30,000 as a short term interest free loan to help in covering the installation of the mezzanine floor costs adding a further 2,500 square feet of retail space to the shop. The amount was to be repaid within four months if funds were available when the shop reopened after the pandemic. This agreement was honored by the reuse charity and the loan was repaid in full. TCL Reuse charity continues to employ some former residents of Teen Challenge during the year. ## Achievements and performance Key financial performance indicators The trading income declined during the year due to COVID 19, but various grants helped the organization to continue to meet its obligation in line with the plans for the years of trading and the expenditures were monitored and controlled. The reuse was closed April, May and June 2020. It was During this period that staff were furloughed and we contracted an external Mezzanine floor company John Scott Works Ltd to erect a new mezzanine floor. Volunteers helped in other aspects of the refurbishment of the Ilford store in anticipation of opening again. Collier Row store opened on 6[th] July 2020 and the Ilford store opened on 23[rd] July 2020. Takings were very good which helped the interest free loan to be repaid in full to Breakeryard Ltd within the timeframe agreed. Trading continued until 11[th] December 2020 when a staff member tested positive for Covid 19. In accordance with Government guidelines both the Ilford shop and Collier Row shop were closed. In late December 2020 another National Lockdown was announced and both shops remained closed until the end of the financial year. All staff remained furloughed. Although closed for more than 6 months were able to help 300 families on low income and divert 150 tonnes from landfill. Men on the rehabilitation program received training in many aspects in the reuse including, PAT Testing, Electrical appliance testing, drivers mate, warehouse Facilities supervisor, Logistics supervisor, & customer services. ## **Council Partnerships** The Council partnerships with Redbridge, Barking and Dagenham and Havering continued during 2020/21 with interest shown about a possible partnership from Waltham Forest council for 2021/22 ## **Collier Row Retail shop** We were given notice that the Collier Row shop was in the process of being leased. We were unable to vacate the premises during the financial year due to the Lockdown being in place. It was expected that we would vacate in May/June 2021. TCL REUSE (CIO) ## TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021 ## Plans for future periods ## a. Future developments ## FUTURE DEVELOPMENTS In the wake of the pandemic we are looking at ensuring that the reuse store remains effective in regards to our aims and objectives whilst remaining profitable and sustainable. We would like to expand our services to other areas of North East London providing the same service to a wider audience. This would only be possible if the right warehouse / retail units become available. To establish an “Electrical Domestic Repair Appliance” training course for volunteers in rehabilitation. ## b.Main activities undertaken to further the charity's purposes for the public benefit The trustees are mindful of their duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. The objectives and activities of the charity are undertaken to further our charitable purposes for the public benefit. ## c. Volunteers TCLREUSE recognises and massively appreciates the hours/days and hard work generously given to us by the growing team of committed volunteers drawn from a wide variety of sources including Teen Challenge, Citygates Church amongst other local churches, local young people, those between jobs, those recovering from health issues and those enjoying retirement but wanting to give something back to the community. The charity’s investment in training its staff and volunteers continues with staff qualifying as first aiders, undertaking portable appliance testing (PAT), fire marshalls, as well as refreshers in manual handling and as a reversing assistant. ## d.Investment policy and performance New reserves policies are being developed to guide the organisation’s future investment strategies. Initial plans is that for one to twelve months will be placed in accounts or in a bond(s) yielding the market rate of return or better but also have sound ethical values. ## Financial review ## a. Going concern After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. b. Financial risk management objectives and policies TCL REUSE (CIO) ## TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021 It is the policy of the charity to protect the organisation as far as possible as is reasonably practical from fraud by staff, service users and members of the general public. In order to minimise its exposure to risk, the charity has specific risk policies in respect of the following areas:- - Protection of credit card details - Daily takings & petty cash - Fraudulent use of internet banking - Fraudulent use of company commercial cards - Cash donations - Theft of tools - Client fraud ## c.Reserves policy The trustees plan to maintain free cash reserves at between three and six months of resources expended which equates to a range of between £50000 and £100000 in general funds. At this level, the trustees feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding, allowing a period of time for funding to be replaced. At the balance sheet date, unrestricted funds total £) which represents approximately 3.1 (months of unrestricted expenditure. ## We aim to maintain: - £5000 in cash or immediate access accounts - £10000 in accounts accessible within 1 month - The remainder accessible within a year TCL REUSE also notes the need to hold an amount in reserve in line with legislation to enable the minimum required payment of redundancy money, should the charity need to close its operations. Structure, governance and management ## a. Constitution The company is registered as a CIO and was set up by a Memorandum of Association on, amended to allow for charitable status on 1st April ## b. Method of appointment or election of Trustees The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. There is no limit on the composition of the board of directors who are invited to join the board by the recommendation of the existing board members through their extensive local church and business contacts. None of the trustees has any beneficial interest in the company. All of the trustees are members of the CIO ## c.Organisational structure and decision making The trustee board meets monthly with a break in the summer with a chair appointed by rotation. The truestees attends all meetings to update the board on activities and help discuss challenges facing the operations. The trustees delegate the majority of the day to day activities and management to the team leaders whilst retaining overall financial control and responsibility for setting policy and maintaining accounting records. ## d. Risk management The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. The trustees have a risk management strategy which comprises: - a regular review of the risks the charity may face; - the establishment of systems and procedures to mitigate those risks in the plan; and - the implementation of procedures designed to minimise any potential impact on the charity should those risks materialise. The review keeps a close eye on health and safety as it applies to both employees and customers. The mix of skills and competencies amongst staff of the charity are a key resource that must be continually developed and are considered periodically in the process. The rapid growth in the charity's operations has meant that the financial resources are key to being able to support the growth. A quarterly review of the performance and financial position of the company helps the trustees to manage the position. Plans for future periods - a. Future developments ## FUTURE DEVELOPMENTS We are continuing in building on existing partnerships with the waste authorities and councils. Create new partnerships with more councils and waste authorities/companies. The existing mezzanine floor in the Ilford centre has been expanded which has increased the sales floor by a minimum 4,000 sq. ft. and provides additional space to the workshop training area. To establish an “Electrical Domestic Repair Appliance” training course for volunteers in rehabilitation. We are providing a removal service for un reusable items and house clearance service. ## **Independent Examiner's Report to the Trustees of TCLREUSE** I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 March 2021. This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report. ## Responsibilities and Basis of Report As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## Independent Examiner's Statement Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (ACCA), which is one of the listed bodies. I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the CIO as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. Dated: 7[th] September 2021 Robert A M Quaye MSc, FCCA, CA(Gh) Director/Principal Probitas Accountancy Chartered Certified Accountants, Business & Forensic Advisors 180 Chigwell Road, South Woodford, London E18 1HA -CLREUSE CIO 1177557 Annual accounts for the eriod P*nod stsrtda 0110412020 To 3110312021 Section A Statement of financial activities R•*icknd Umr•*b¢trd Incoffl• nd* R•¢omm•nd•d t*t•gorf•* by •ellvlty Endowm•ht Prfor y•*r lund¥ ! Totsl fvnd* In¢orning r¥•our¢e• (Note 3) Incom• and•ndo*m•nt• trorn.. FOI F02 F031 F04 F05 9)1 132747 188377 132747 188377 336 690 |knv•sbY¢n 13869 334 993 13869 334 993 | Total R•80ur¢•8 •xp•nd•d INot• 61 S07 EMponditui• 0￿.. 170089 111720 10.525 37 987 330 321 170089 111720 10 525 37 987 330321 139821 161 579 19.750 |Sepoi•ts r￿M(• sio Tot•1 S12 358 850 N•t Inconwll•xpendltur•l b•lor• Inv••tment galn•lllo••e•l si3 4.672 4.672 18.410 9amlik*￿$) on Net Incomellexpendlturtrl Extraordlnary It•m8 Transfors b•tb*on lund8 Other recognls•d galnslllos8esl'. si4 S15 4,672 4,672 18,410 S16 $17 cthnu S18 QXhBr pain511th5Q51 Ntttmovementln lunds S19 Reconciitsfion ollun¢ts.' Tot81 t*OuW I(nward Totallunds ￿rr￿d10T￿•rd S21 56 479 74 889 61 151 Section B Balance sheet IrKom ENknwmert T•Yalthls Totslla# l-'L-' Fixed assets Iintangiblo assets ITan9lble assets Horltaga a$￿t8 Iinvostmnts F01 F02 F03 F04 FOS (Noto 151 (Note 141 (Not• 161 (Note 171 rots/fixedass•ts lcurrent assets Istocks (Note 18) Dgbtors (Note 191 Investments (Note 17.4) Cash at bank and In hand (Note 241 Totalcurrentass•ts B10 30.317 30.317 45.474 30.317 30.317 5.052 3.074 5.052 3,074 11,201 2,852 50.447 50.447 58.573 32 952 58.573 47 005 Creditorn.. an￿*untI lalllng duè wlthln one year {Noto 20) B11 9.739 9,739 N•tcurr•ntaMets/{IlabllltksJ B12 48.834 48.834 38 005 rotalassets le88 Currentl/a￿l￿/•* B13 79.151 79.151 83,479 Credltors.. amunts falllng due aftèr onè yoar {Not• 20) ,Provlslons for Il•bllltbe$ B1 18.1XQ 18.000 27,CQO Bl5 rotalnetamets orlmbllltffts Funds of the Charity 'Endovm*nt lunds (Note 271 Reytrlctèd Incorne fund# INtst• 271 816 61.151 61.151 B17 18 Unrestricted funds 19 61.151 61.151 56,479 Revaluation reserve Totalfvnds &1 61.151 61,151 SvJned by one or tr￿tea$ on tehaffof all the trustees Date of appro￿1 ddlmrnl Svdnature Print Name Section C Notes to the accounts Note 1 Baslts of pMparatlon Th14W dWeCt/on 4Fhouldbe conTp/•tedbya/lch•r/tle 1.1 Basls of accountlng These accounts have been PT6pared under the historical cost conN*ntion with ittrms recognisad at cost or transaction value unbss otheThvise ststed in the re￿vant note(sl ¢0 these accounts. The accounts have been repared in accordance with". the Statement of Recc¥7)merKled Practs"ce A£counting and Reporting by Charities prepafing thaiT accounts in acccKdanca wrlh tha Financial Raportlng StandaTd 8ppIIc8bb in the UK and Republr of Ireland IFRS 1021 issued on 16 July 2014 and whh" arKI wrth" the Financial Rep)rtry Sta*wJard applicab￿ in the United Kingdom and Rapublic of ITekrMI IFRS 102) and with the Charrtie3 Act 2011. The charty constitutes a public bon•frt entty as dofined by FRS 102.. 1.2 Golng concorn eh•r/ty* *bi//ty to eont/nu• •* •go/ng eone•rn, p/••*•provld• th• follow/ng d•t•ll* or*¢•t• -*Vot An explanation as lo Ihose factors that 8UPPOrt the conclusion that the charty 18 going concarn. Disclosure ol 8ny Uncertaint￿ Ihat moke the going concern a88umption ¢Joubtful'. ch•r/ly /• nT4Wt/ng Its fln•nc/•/ob/lc•tlon• •nd•/•o rh• ff•dlnp l• In¢rw•/ng. Th•rn *r• no m•f•r/•l uncwf•/nf/e* •bout th• el••rIty￿ ¥￿ilty ro eOnilnu• •* •polng eone•rn. JVon• Where eccounts 8re rbot prepared on going concern ba818. plaa8e d*clo8e thiB fact together with the bB&is on which the trustees preparecl the account8 and Ihe rea8on why tha charhy 18 not f8gard8d going concern 1.3 Change ot accountlng pollcy The accounts present a true and Yair and th• occounting polrw •aopt•cl ar• thos• outllnod In noto { }. Ye3" ' .TICk #• aMMOPtIAI• No" /n*orm*tlon." and l//l} t/p• •mounrof th• •dJu*thi•ntfor l/n• prnsent•dand *por•pate•mountof th• adjustn7entrelaflng lo periotts belore pr•s•nf•d. 3.44FRS I02SORP. 11.4 Changes to accounting estlmates No changes lo accounting ests"mates have occurred in the reporting period (3.46 FRS 102 SORPI. Yes. |No' -rick as apwopriate P/•asg d/sc/oso.' lij th• natur• ofany chang•si (Iij •ff•ctof Ch8n￿ on I￿om• •nd•xp&n8• or ass•ts andl1abllit1￿ for th• curr•ntperti￿.' and liiij wh•repracbcabl•. lh• •ff•c¢ oflh• chang•ln ¢W or more lutureperlods. 1.5 Materfal prlor ye•r errorJ No material prior year error have been Ktientrf￿d in the rwtirvJ perKxl13.47 FRS 102 SORPI. |No' -Tick as apwopriate Please dlsclose.. (IJ the nature oltheprlorperloderror." (//} f0reaehpr￿rPerlodPresentedIn th• ae¢oun14 th• anpount of the corrncflon for •ach accountllne Item affected.. and (/llJ the amounl olthe ¢orrecNon at the boglnnlng of the earllestprlorperlodpresentedln t1￿ accounts. Note 2 Accounting policies Please complete this note first re{￿ing underFRS2102. Section 35 of FRS102, TrquiTrs 3 reconciliations lo be presenled, if all applicable. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Pl8a8• provlda a description of the nature ol each change in accounting pollcy Non• R•¢on¢l/•llon olfundsp•rpr•vlou$ GAAPto funds d•l•nnln•d underFRS 102 Startol p*rlod End ol rlod Fund balances •• provlously 8tatsd IA dJusth•nt4' |Fund balanc• a8 r•8lat•d Recon¢ll*tlon oln•l Income/{n•t•xpendl1urnJperprevlo￿ GAAPto n•tln¢omW{not•xp•ndltureJ underFRS 102 End of N•t In¢omell•xpendlturel a8 pr•vlou•ly stated |AdJuJbnenlA' Pr8vious p•rfod n•t Incom•lI•x￿ndItur•} a8 rostated Seitbuii e tu tlie dLLuiJrits Note 2 Accountin9 policies 2.2 INCOME lh￿￿ Incl￿1￿￿* in S1atffAn•nt aWFin&incMIl AclNtMia (S¢aFA ltmmo￿I￿ Yo l•q￿ 4x ¢h• FRS SORP ￿ Fils 11 Yo Nl ffocowitlon crtl•rt• m•1 10 > 12 FRS1¢Xd SORP) Yes No Nl SORPJ NIA In tha •&14t• c4anth1Kan• lo l•wy 4ff• coThlfol lh• Eh•rhy Yo Nl Oov•rnrn•Tr1 Nl* •ll grft ¢r•a¢•d •n l• ••n• tm Inrt￿ **rAtkifi lh• co￿tra•1￿￿￿ In••m• anil Th1• 4• IDG1￿)￿j in lh• SOFA ¢P• ¢hwly r•W•J p•rtorvnllTrM r•lBt•d b• IM oflho•• Oms •1 lh• Ikm• ol¢h•iv ih•y 4r• N¢¢y¥••* on t￿n￿￿o lJ)r w• •1 •ir on Irdtwl IP• Nl• Nl* Y•* Nla tlon*•U *•EIIH*• IncMMIDO In SOFA a* th• ¢h•**y rh• ¢w b• t*￿1￿Y No Nl• Y•* Nl ih• SOFA Nl& Nl Volun*•r h•ip No Nla Ino•rn• rn•mb•r•hlp Yo L*o•¢i I￿￿UL1￿j in SOFA thv ¢￿t￿¥ *T• rn•I 1Q lo ? 12 SC>RP) •• ￿ M•rn ¢foth SUFA Yèlb No Nla *il*lm Yes Plo Nla Inv•&lm•nt 2.3 EXPENDITURE AND LIABILITIES Liability recognilon 'abIrt￿$ we recc*3ni5gJ TrAlwe rt is ￿)re likety than Tr)t that Ilwe is a c( cLn51nKtl￿ otdHjatic￿ ¢￿fflrttM7g fv chanty to ￿ Lmrt reswces aTrJ the ￿L￿nt cl the c4)ligalwM can te measwed wlh reas￿￿ cwtJ'nty Yes No Nla Governanco and Jpport costs Swyt cc615 ha¥E albxated telwn C￿15 aThJ ¢I￿r 5UPPYt. GO￿anCe costs ccffjF￿Se al ctsts m￿lI1¥j putlic &counlabilty ofthe chaty and ils compliJKe *ith wuLq1v￿ and go)J prylre. es SuFwrt C￿15 incI￿Je centra fiJrKIl￿￿ and hx been alkxal&J lo aclmty CC61 calegones on a basis consislent tmlh use of ￿$￿[ce$, eg allrKatsry proFety cc6ls ty flwrareas, or per cama, slaff costs lrne Sm and other costs ty Ihli usage. Yes No Nla Yes No Nla Grants with p?rfoThanrA conditio Where the chanty ¢￿Jrtw￿ rts ￿Me￿I bw'ry a specik olspnice ￿ output lo be prowjgj, sKh grants are reccgni5ed in SOFA once the [K1p￿t oflhe grant has wowded $F￿thed swKe cy Grants payablè withilrt pgrfoffliJn¢o Conditiolli whe￿ Il*re are no coThJiticrt att&lffig lo ts grdnl Ihat en8￿ the doThN chaty lo relislKalty a￿ld the commrfment, a IL4t¥lty knlhe ￿11 fiJndiTrJ oNigaliTh) musl be recoJnised. Yes No Nla Redundan¢y ¢011 ¢hanty made fv) fvJund*y wn*nt$ (knig Il* otth'NJ perioj. Yes No Dehrrnd In¢omo No matena rtem ofthed ¥Kthme has been in ￿￿jnIS. Yes No Nla Yes No Nla Creditors ehanty has cr*JtNs tAtKh we measwed at $eM* amtyjnts less any Irade discounts Al0￿.Ity is on reC¢)jnrti￿ at its h￿l0[￿al cost and Ihen subsequent Provi$ons lor liabilitili measured at best e$limale olfv amMI f4uir*J10 5ettk the otlyatK￿ al I rep)rtir#J date The chanty xcounts br bas￿ financ41 inslnments cfi inrtK41 rwnilKffj as Fef par4raph10.7 FRS102 SORP. sUtseq￿l measurwnent is as w Foragraths 11.171011.19. FRS102 SCfiP. Yes No Nla Balc financlal .instuThents Yes No Nla 2.4 ASSETS T4nglbl• flx•d lor uf• by Oh•￿￿ty Th•y •r• •¢ ¢o•l. Nia eh*nty hAI* int*nOitAts hxad Ih*i rt. &*A•tA thAI th? ￿ h• Tv>t* 9 Nia ci•ntific. tochndogical. fjDophYb￿￿ ihat prtnclpaily Contr￿￿tk￿n I￿1 Th*y *luvd *¢ 'Fi¥•l u••r inw•¢m•nls In quol•O sh•w•. Ix•O•O •lmllw l¢w*tm•nt* w• Y¢>B y••t •￿1 *•m• *x)I￿ 10 urt1I1** ￿1￿* b• m•*•uMd ￿•* ¢￿7 ￿$$ 8to¢k• h•W tr ••* •• p•rt ol nOn￿h•Tr1•b1￿ Ir•J• •t Ith• or ¢o•t or ntst No Nla proar• an th￿ PDt•nti* of•1oE In l¥ •1 cc•t kn•• 114BI Io ￿Gur on th• Yes Th• ¢h•tity h•• inw•iM•il• h(dO• fty i￿r ¢••Th •Qui￿•￿t• ￿th • m•¢utily *•• Ih•n Th••• ¢n a•p￿lt Miiil c••Th •q￿￿•n¢• ￿th • rn•¢utily d•1• of *•• ltt•n ¢fi• y•W *x iTh¥wdlm•nt putpo• r•tTh•i tTh•n to rn••t •hort twrn c••h •• f¥1 thJ• eurr•nl Inw•q*ii•n Yts Ni POLICIE8 ADOPTED *DDITIoN￿ TO OR DIFFERENT FROM TMOSE •BOVE Note 3 Anatysls of Incomo T•knl Prl&r y•*r •1 Donatlon• and l•gacl•¥= Oonatlong ano 1ft8 Le ac General orants prov￿ed by ov8rnrnenVother charltles mberSIIip Subseriptitsns and 8pon8orships wh￿h are in subslance dtsnèlions Donated Other 132 747 132 747 Total 132.747 132.747 h•rltabl• •ctl¥ltl••: Sale8 158377 158 J77 J36 890 otheT Tot•1 188.377 188 377 338 8DO oth•r tradlng actl¥ltl••: AT Reclaivn Other 350 so Tot*1 In*tr&yt Ineom• niyiaeilo Iilcotne Renlal and ka51 Inv••¢wrwnt•.' Incom Tot*1 8•p•r•t• m•t•rlal It•m of Incom•: oth•r- Con￿r￿10n ol endowrnent Into Income Ggin on dlspog&g101 g tjngiblv hei¢J for chari 8 Own use Ggln on di8pos8101 g pro9romme relgtg(1 Investment Royaltl8B Irom thè •xpk)M#tkn) ot int•1￿ctual ro err hls oth•T Tot•1 TOT AL INCOME 334 993 340 441 |Oth•r Inforvna110n'. All In¢qDnl• th• y••¢ w•• ￿￿r••IT1¢1*O •x¢•M tr>r: Wh•r• any •n*Jowm•nt fund l• conv•rl•d Into Incorn• In Ih• r•portlng p•rfod. pl•••• gbv• th• r••K*n for th• Gonv•r•lon. NA Wbthbn th• InGom• It•rn• •bov• th• followlng IWvn• •r• •t•rl•l.. Ipl•aw ￿1￿40￿ th• n•lur•. •nd prlor y••r •moyntsl Note 4 Analysi5 of receipts ofgovemrnent grants Th18 J*ar L￿t sear Dèstri ion Gov•rnm#nt qrant 1 Government grant 2 Government grant 3 other HKftC 42 242 15 358 15 143 60 354 133,097 Haveri Council Redbrid e C￿nCil Local Busines5 Total Plgas•provld• d•talls o18ny unlumlll8dcondltlonsandoth•r eon¢irtgèncl•s aftaehlng togrants thath•v•bow re¢ognWln Incom•. Pl••seglv• detalls ololh•rlonns 01gov•rnm•nt•sslst•nc• Irom whlch th• ch•rlty has dlr•ctty Note 6 Donated goods. ts¢llllkn and ¥er*lc¢• Thlj LJ•¢ S•conded Staff Use of property Other p￿48& provlde d•tall• ol th• accountlng pollcy for th• r•cognltlon and valuatlon of don•ttrd good8, la¢lllll•¥ and s•rvl¢¥¥. SOFA when recwwd al Ihe ofthe gifl lo the harily woiid8d Ihe wlue ollhe gil can measurth Ila Ploasè provlde detalls ol any unlumllled condftlons and othèr contlngencles attachlng to r•8ources from donatèd goods and #ervlc•s not rèco9nlsed in incom?. Please glve details of other forms of other donated goods and servlces not recognlsed In th accounts, eg contrlbutbon of unpald volunteèrs. Not• 8 Anal Expondltur• on r*l•lng tun¢J•- rred seeking kncurr•d saaking grantr& Op•r*ting m•rr*b•r*hiP •¢h•m•* Operatino charity 126691 12S 891 Operating a tradlng company una•rtaking nof*-ch*Yrt•t*l• tr•*JM 702 e83 now Bourca of futUTa Incom O*t*b**ts eoAtA othor tr•ding actTrvrtDD ve•lm•*it tTrianao•m•nt co•1• Co•t ol ot*t*ining I￿￿*1￿*￿t •¢lvic• t*lknclu•l prowrty eo*t* R•yl cDIK•¢l￿. prop•rty T•pwlr• 43.agei 43.8 52.•0 Tot•1 •xp•ndl*ur• on r•l•lng lund• 1 70.08 *70.08 13•.821 Payroll & Stmff ExWirbA Prol•••lonml S•rvlc•• Tot•1 •xp•ndltur• on Gh•rli•b•• 111.720 181 579 Total 10.S2S 10.82 19.71bO oth•r Lo•n Ft• 9 OCW) 000 l•ur#rtc• *Ciatlon 13078 15 157 1255 16 157 37.907 37.987 37.700 TOT*L EXPENDITLif¢E 3JO.322 330.322 SB.850 |oth•r Inforrnwtbon= |kn*ly*l* of •Jtp•rtdbtut• eh*rltAbl• AetlvFtI** OT•f*t *undbng Aetbvbty or *upp•rt To*•1 thi ilvlTI• Aiti￿tY I Totsl y••r •maun*#) Note 10 Detsils of certain items of expenditure 10.1 Fèès for èxamination of thè aeeounts PleaseProV￿ry delails of1lwamounlpwdlor•ny$l¥lulory￿ff￿rn01xr￿l1￿yO accounts •ndoth¢rMrvk•$provld8dbyyourlndwnd•nt•xam/n•r. nothmg wa$p•￿p1eaw•n*•r V'in th•appr￿￿o Ix7xl•sJ. Thls sffjar Last ￿#r Ind•￿nd•n1 •xamln•r'• f••8 1750 1750 ur•n¢g $*rvl¢•$ othgr thon •wlit or indopgndgnt •x•rThn•tio Tu •dvlJory fè•• other fvo• Ifor •xrylo: fin•nci•l •dvic•, con•ult•n¢y. accountancy ￿r*I¢•81 pald to th• Ind•p•nd•nt •xamln•r 2917 1600 Not• 11 Pald omploy*e8 Th1* y•ar L••t y••r 96.75S 7.723 1.465 1.110 107 054 140.035 11.120 3.161 2.079 Socl•l ￿CurItY co•t• .Oth•r •rry*l0￿• b•n•flts Tot411 •t•ff co•t• p•rty No •biwloy••• Y•e•lv•d b•bi•fit* <•xcludlnq •I￿10Y•r p•n•loTr co•tz) lor th• r•portlThg p•rlod of mDr• th•n £60.000 Nuvnb•r of • lo £80 000 tts £09 999 £70.000 to £79 999 tBo 000 to t89 9*• £100 000 to £109 V*• Pl•a*• provld• lh• total •rrn>un¢ p•ld to b¢•y m•n•g•m•nt p•r•onn•l *• L••t y•thr Nupnb•r Th• p•rt• ol th• ¢harlty In vknl¢h lh• •rryloy••A work TOI•1 for wnMkln9 th• Pl•a•• •iiii• th• •rnDunt ol th• payirnnt 11.4 R•ns 61,316 14,472 75,788 evaluations isposals ranslers . At end of the year 61.316 14,472 75,788 14.2 Dgprg¢latlon and lryalrments '8a81s SL SL SL SL SL Slraighl Line I'SL") or Reducing Balance l R8,) ' Rate At beginning ol the yeor Disposals 24,526 5,788 30,314 Depreckqlion 12,263 2,894 15,157 Impairment Transfers. At end of the year 3S,789 8,682 45,471 14.3 Net book value Nel book value al the beginning of the year Nel bcKJk value al the end of the year 45,474 24.527 30,317 Notg 18 Stocks Please comp/ele Ih/s note If the charity hold$ any st￿* Ilems 18.1 Pleaso stato the carrylng amount of stock and ￿rk In progress analY￿d be￿*&n activitigs. Stock Donated goods Work in For dlstrlbulion For resalo For distributlon For resale progr••• Charltabl8 actlvltl•8: Op•nlng 8,652 2,549 Add•d In p•r/o¢Y 7,365 73,186 Exp•nJpd In perlod 12.799 73,901 knp•lred Closlnq 3,218 1.834 Other tradlng actlvltlo8: Op•rtlng Added In p•rlod Sxp•nJpd In p•rlod knp•lr•d Closlnq Other: Openlng A dd•d In p•r/od Exp•nJod In perfod knp•lr•d Total this year rotalpreviousy•ar 18.2 Please specify the carrying amount of any stocks pledged as securlty for Ilabllltles Note19 Debtors and prepayments Please complete this note Mthe charityhasany debtors orprepayments. 19.1 knalyxls of debtors Th1$ s*ar Last year ITrade debtors Prepaymnts and ac¢ru•d In¢¢n |oth•r debtorn 3.074 0 3.074.0 2.852 0 2.852 0 Total Plwe ¢omptsto 19.2 wlwe amalwlaldeblorls rKovwabki rn¢￿ than ayearaftertho reportlnq dale. 19.2 of dobtofs recoverable In nmiro than I ￿ar Ilncludfrd In debtors abov8} Thls s*ar Last year ITrade debtorn PrnpayTrnnts and a¢¢ru•d In¢*ar Last ytar *j￿unts falllng due after rTr)re than one Thls year Last ￿ar ar ruals for grants payablg Bank loans and ovordfafts |Trade credltorn Pa)Trnts reeèlved on account for Contracts ¢r performan¢e-rglated grants .￿CrUal$ and deferr8d incom• 739 ,'Taxatlon and $o¢lal securlty Other cr•dltorn 9.000 9.739 18.000 18,000 27,000 27,000 Total 9,000 120.2 Deferred Income Iptsase ¢omplet• Ihls not*1 lilhp charffy has deierr•dlncome. Ipkne explaln the rwon8 •vhyln¢oTr• 18 delerred. IMovoThenlln delerr•d/n¢¢%n• a¢¢ounl Th1$ yoar Last Balance at tho start of the reportlng p•rlod lknunts addod In current pfrrlod unts reloased lo Incon* ftom prev10￿ perlod8 Balancè at the Ond of the reportlng ￿tIOd Nots 22 Otherdisclosuros for debtors. creditors and other basic financial instruments '.22.1 Pl•as8 provlde Inlornwtlon about the ,$lgnlfl¢an¢¢ of finan¢lal Inslrumnts leg. dobtors, credltors, Inve5trrnnts etcl to the charltys flnan¢lal posltlon or perfornWn￿. for •xanyl•. th• tarm5 and condltlons of loans or the u80 of hedglng to managè financlal rl8k. 22.2 If the charlty has provlded Ilnanclal assots a8 form of securlty, the carrybng amunt of the flnan¢lal awts pl•dggd as so¢urlty and th& tern '.and conStlon$ rolatgd to Its pladgg tyhould be ,'glven h•r•. INote 24 NA Cash at bank and in hand Th18 ￿ar Last yoar Ishort terni cash Invo•tn*nts I￿$3 than 3 n￿nthS nyturlty date) Ishort terrn deposbts lcuh at bank and on hand lother Total 50.447 32.300 50.447 32.300