REGISTERED CHARITY NUMBER: 1177783 Good She herd Relief In Need Trustees. Re ort and Unaudited Financial Statements for the Year Ended 31 Mar¢h 2021 Dhillon Accountants Limited Chartered Accountants Office 1 21 Halherton Street Walsall WS4 2LA
Good She herd Relief In Need Conlents of the Financial Ststements for the Year Ended 31 March 2021 Page Reference and Admlnlstrative Details Trustees. Report Indopendent Examlnerfs Report Statement of Financial ktlvllles Balance Sheet Notes to the Financial Statements 8 to 10 Detailed Statement of Financial Actlvities
Good She herd Relief In Need Reference and Adminlstrative Details for the Year Ended 31 March 2021 TRUSTEES Rev. Mark Hathome Chair lan Roberts Treasurer Peter Hughes Secretary Patricia Kemp Teresa Hodson COMPANY SECRETARY Dr Ann Reaney REGISTERED OFFICE 48 Church Street Bilston Wolverhampton West Midlands WV14 OAH REGISTERED COMPANY NUMBER (England and Wales) REGISTERED CHARITY NUMBER 1177783 INDEPENDENT EXAMINER Dhillon Accountants Limited Chartered Accountants Office 1 21 Hatherton Street Walsall WS4 2LA Page 1
Good She herd Relief In Need Trustees. Re ort for the Year Ended 31 March 2021 The Trustees presenl their report and finanaal slatements for the year ended 31 March 2021. The financial statements comply with the chariws goveming document, the Charities Act 2011 and -Accounling and Reporting by Charities-. Statement of Recommended Practice applicable to charib'e5 preparing their accounts in accordance with the Financial Reporhng Siandard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019)". OBJECTIVES AND ACTIVITIES Objectivos and aims The relief of those in need, by reason of youlh. age, ill-health. disabilty. financial hardship or other disadvantage in Wolverhampton and the surrounding areas, but not exclusively through the provision of household items such as furniture and other items such as clothing. Significant activities The charity actively supports individuals and farnilies liwng in hostels unable to apt accommodation owing lo a lack of everyday household fumishings. We provide support to enable them to live in their accommodation by supplying quality furniture and household necessities without cost. Beneficiaries are referred by one of our partner agencies. having been assessed as being in financial need and hardship. We protect vulnerable tenants from loan sharks or exceedingly high credit costs by enabling them to create a home, wilhoul cost. Trustees have regard lo the guidance of the Charity Commission and ensure that all activities undertaken are compliant with and carried out for the public benefit.ln addition, our charity shop provides daily, the opportunity for low-income families and individuals lo access clothing, bedding, cosmetics, books. toys and general household items at extremely low prices. The charity relies on several means of obtaining goods through donalions from the general public. with regular collections from churches and mosques. Most of the fumiture is generated by our house dearance services. The re-use of pre•loved items has a significant impact in tem)s of recycling and the prevention of landfill. Volunteers The Truslees wish to acknOhedge the role our team of volunteers perfomi to enable the charity to function. Our volunteers contribute to every aspect and activity of the charity which could not exisl without their enthusiasm and dedication. ACHIEVEMENT AND PERFORMANCE Charitablg achievements Trustees are pleased to report that despite Covid lockdowns and severely reduced activities during th8 third year of Ihe charity, 51 families were directly supported, enabling Ihem the opportunity to establish a home and receive ongoing advi and guidance. The value of goods given in support (at charity shop prices) was £8,420 - a deciease of 620/0 from our second year. The families assisled involved 46 children. FINANCIAL REVIEW Reserves policy Trustees endeavor to achieve a minimum reserve of 3 months direct costs. Incoming and outgoing resources Trustees report that in this third year, 48°A of incoming resour$ have been generated by the charity's ovm sales and activities. This is disappointing in comparison lo previous years, but reflective of the impact that Covid lockdowns and retail activity had during the year. On the up-side due to the help received in the form of grants as support, the charity has generated a heallhy amount of surplus. Expenditure of resources has been largeled at ensuring the maximum achievement of our objectives, with emphasis on the provision of collection and delivery services. Page 2
Good She herd Relief In Need Trustees. Re ort for the Year Ended 31 March 2021 STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is a Charitable Incorporated Organisalion. whose only voting members are its charity Tnjstees. Partnerships The charity works in partnership wtth a network of referring agencies who identify beneficiaries. These inclLrde Wolverhamplon City Council. through Social Services and Strengthening Family Hubs,. Wolverhampton Homes and Housing Asso(iations'. Churches and other local charities involved in the relief of poverty. This report has been prepared in accordance with the specaal provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of twstees on and signed on ils behaw by.. Trustee Page 3
Inde endent Examlnèrfs Re rt to the Trustees Good She hfrrd Religf In Need Independont examiner's report to the trustees of Good Shepherd Rellef In Need rthe Companyl rèport lo the charity Irustees on my examination of the accounts of the Company for the year ended 31 March 2021. ResponslbllltSes and basls of report As the charity's trustees of the Company (and also its directors for the purposes of cofflpany lawl you are responsible for the preparation of the accounts in wydance with th8 wuirements of the Companies Act 2006 {'the 2006 Act.). Having satisfied myself that the accounls ol the Company are not rUired lo be audited under Part 16 of the 2006 Act and are eligitAe for independent examination. I report in respect of my examination of your th8ritys accounts as Caled out under sectvjn 145 of the Charities Act 2011 {'Ihe 2011 ACYI. In carrying out my examination I have followed the Directions given by the Charlty Commission urKler section 145(51 (bl of the 2011 Act. Independent examinorfs statement I have completed my examination. I confirm that rK) matters havè com8 to my att8ntion in (x)nnection wth the examinati givin9 me cause to believe: accounting records Vre not kept in respect of the Company as quired by section 386 of th8 2006 Act: or the accounts do not accord wth those records.. or the accounts do not comply with the a(untIng requirements of sectn 396 of the 2C(16 Act other than any requirement that the accounts give a true and fair view vthich is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the m8thcrfJs and principles of the Stslement of Recommended Practice for accounting and reporting by charities {applicable to ¢harilies prepartng their accounts in accordan with the Financial Rewrting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters In conneclton wth the examinalion to which attention should be drawn in this rerx)rt in order to enable a proper understanding of the accounts to be reached. Aurijit Basu Dhillon AccntantS Liffltted Chartered Accountants Office 1 21 Hatherton Street Walsall WS4 2LA Date.. Page 4
Inde ndent Examinerfs Re rt to the Trustees of Good She ellef In Need Independent examlner's report to the trustees of Good Shepherd Relief In Need {Ihe Company,) I report to the charity Iruslees on my examination of the accounts of the Company for the year ended 31 March 2021. Rosponsibillties and basis of report As the chariws trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with Ihe requirements of the Companies Act 20061.the 2006 ACVI. Having satisfied myself that the accounts of the Company afe nol required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respecl of my examination of your harity's accounts as carried oul under sedion 145 of the Charities Act 2011 I'the 2011 ACV). In carrying out my examination I have followed the Directions given by the Charity Commission Under section 14515) (bl of the 2011 Act. Indopendenl examlnerfs statement I have completed my examination. I confim that no matters have me to my attention in connection th the examination giving me cause to believe.. accounling records Vre not kepl in respect of the C(xnpany as required by section 386 of the 2C#)6 Act", or the accounts do not aCCd 1h those records: or the accounts do not comply v*ith the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a In and fair view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance wth the methods and principles of the Statement of Recommended Practice for accounting and reporting by chartties (applicable to d)arilies preparing their accounts ir¢ accordance wilh the Finanaal Repo.ng Standard applicAble in the UK and Reputdic of Ireland IFRS 102)). I have no cOnM$ and have come across rn other matters in conneclion 7th th8 examination to whith attention should be drawn in Ihis report in order lo enatAe a pw understanding of the accounts to be reached. Aurijit Basu Dhillon Accountants Limited Chartered Accounlanls Office 1 21 Hatherton Street Walsall WS4 2LA Datè.. laLL Page 4
Good She herd Relief In Need Statement of Financial Activities Incor oratin an Income and Ex for the Year Ended 31 March 2021 endilure Account 31.3.21 Unrestricted fund 31.3.20 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and lega¢ies 25,296 18.146 Other trading activities 9.641 47.782 Total 34,937 65,928 EXPENDITURE ON Charitable activities Good Shepherd Relief In Need 22.765 68,370 NET INCOMEI(EXPENDITUREI 12,172 {2,4421 RECONCILIATION OF FUNDS Total funds brought forward 9,302 11,744 TOTAL FUNDS CARRIED FORWARD 21,474 9.302 The notes form part of these financial statements Page 5
Good She herd Relief In Need Balance Sheet 31 March 2021 31.3.21 Total funds 31.3.20 Total funds Notes CURRENT ASSETS Cash at bank and in hand 21.474 9,976 CREDITORS Amounts falling due wtthin one year 1674) NET CURRENT ASSETS 21.474 9,302 TOTAL ASSETS LESS CURRENT LIABILITIES 21,474 9,302 NET ASSETS 21.474 9,302 FUNDS Unrestricted funds 21,474 9,302 TOTAL FUNDS 21,474 9.302 The charitable company is entitled to exemption from audti under Section 477 of the Companies Act 2006 for the year ended 31 March 2021. The members have not required the company to obtain an audit of its financial ststements for the year ended 31 March 2021 in accordance wtth Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring Ihal the charitable company keeps accounting records Ihal comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial slaternents which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirernents of Sections 394 and 395 and which olhefwise comply wrth the requirements of the Cornpanies Act 2006 relats.ng to financial statements. so far as applicable to the haritable company. Ib) The notes fonn part of these financial stalemenls Page 6 conlinued...
Good She herd Relief In Need Balance Sheet - continued 31 March 2021 These financial statements have been prepared in accordance wth the provisions applicable to charitable companies subject to the small companies regime. The finan ial slalements were approved by the Board of Trustees and authorised for issue on and were signed on its behall by.. Trustee The notes fonn part of these financial statemenls Page 7
Good SheQ.t}�rd Relief In Need
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Taxation
The charity is exempt from corporation tax on its charitable activities.
2. DONATIONS AND LEGACIES
| Donations Grants |
31.3.21 £ 2,296 23,000 25,296 31.3.20 £ 8,146 10,000 18,146 |
|---|---|
Grants received, included in the above, are as follows:
| 31.3.21 | 31.3.20 | |
|---|---|---|
| £ | £ | |
| Other grants | 23,000 | 10,000 |
| OTHER TRADING ACTIVITIES | ||
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| Shop income | 9,641 | 47,782 |
3. OTHER TRADING ACTIVITIES
continued ...
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Good She herd Rellef In Need Notes to tho Financial Statements for the Year Ended 31 March 2021 ACCOUNTING POUCIES Basis of preparing the financial statements The financial statements of the charitable company, vthich is a public benefrt entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Acl 2006. The financial statements have been prepared under the historical cost conventN)n. Taxation The charity is exempt from corporation tax on lis charitable activities. DONATIONS AND LEGACIES 31.3.21 31.3.20 Donations Grants 2,296 23,¢)J) 8,146 10.000 25.296 18,146 Grants received, included in the above, are as foll0v. 31.3.21 31.3.20 Other grants 23,000 10.000 OTHER TRADING ACTivmES 31.3.21 31.3.20 Shop income 9.641 47,782 Page 8 continued...
Good She herd Relief In Need Notes to the Financial Statements - continued for the Year Ended 31 March 2021 CHARITABLE ACTIVITIES COSTS Direct Costs Good Shepherd Relief In Need 22,765 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other ben8fits for the year ended 31 Mafch 2021 nor for the year ended 31 March 2020. Trustees. expenses There were no trustees. expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. CASH AT BANK AND IN HAND 31.3.21 Total funds 31.3.20 Total funds Cash in hand Bank deposit account 100 21,374 674 9,302 Total 21.474 9,976 CREDITORS: Amoupifs FALLING DUE THIN ONE YEAR 31.3.21 31.3.20 Other creditors 674 Trustees report that the charity has no other monetary assets. investment assets or assets retained for the charity's own use. The charity had no oulstsnding short-temi liabilities at the end of the period that are not covered by available funds. Page 9 continued...
Good She herd Relief In Need Notes to the Financial Statements - continued for the Year Ended 31 March 2021 RELATED PAR DISCLOSURES There were no related paty transactions for the year ended 31 March 2021. Page 10
Good Shepherd Relief In Need
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| 31.3.21 | 31.3.20 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 2,296 | 8,146 |
| Grants | 23,000 | 10,000 |
| 25,296 | 18,146 | |
| Other trading activities | ||
| Shop income | 9,641 | 47,782 |
| Total incoming resources | 34,937 | 65,928 |
| EXPENDITURE | ||
| Charitable activities | ||
| Rent, rates and insurance | 3,565 | 14,460 |
| Light and heat | 1,109 | 2,118 |
| Transport costs | 9,883 | 35,120 |
| Staff and volunteer costs | 2,398 | 7,918 |
| General expenses | 2,696 | 1,919 |
| Professional fees | 1,244 | 3,940 |
| Marketing, print and postage | 105 | 2,165 |
| Communication | 1,765 | 730 |
| 22,765 | 68,370 | |
| Total resources expended | 22,765 | 68,370 |
| Net income/(expenditure) | 12,172 | (2,442) |
This page does not form part of the statutory financial statements
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