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2023-03-31-accounts

Good Shepherd Relief in Need (Charity No. 1177783)

GOOD SHEPHERD RELIEF in NEED

(CHARITY NO. 1177783)

Trustees' Report and Financial Statements for the year ended 31 March 2024

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Good Shepherd Relief in Need (Charity No. 1177783)

Principal Office of the CIO:

48A Church Street Bilston Wolverhampton West Midlands WV14 OAH

Charity Trustees:

Rev. Mark Hathorne Peter Hughes Teresa Hodson.

Advisor and Voluntary Project Manager:

Dr Ann Reaney

Governing Document:

Constitution.

The charity is a Charitable incorporated Organisation, whose only voting members are its charity Trustees.

Partnerships :

The charity works in partnership with a network of referring agencies who identify beneficiaries.

These include Wolverhampton City Council, through Social Services and Strengthening Family Hubs; Wolverhampton Homes and other Housing Associations; Churches and other local charities involved in the relief of poverty.

Objectives:

The relief of those in need, by reason of youth, age, ill-health, disability, 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.

Activities:

The charity actively supports individuals and families living in hostels unable to accept accommodation owing to a lack of everyday household furnishings. We provide support to enable them to live in their accommodation by supplying quality furniture and household

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Good Shepherd Relief in Need (Charity No. 1177783)

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, without cost. Trustees have regard to the guidance of the Charity Commission and ensure that all activities undertaken are compliant with and carried out for the public benefit. In addition, our charity shop provides the opportunity for low-income families and individuals to access clothing, bedding, cosmetics, books, toys and general household items at extremely low prices. The charity relies on several means of obtaining goods through donations from the public, with regular collections from churches, mosques and other religious congregations. Most of the furniture received is generated by our house clearance services. The re-use of pre-loved items has a significant impact in terms of recycling and the prevention of landfill.

Volunteers

The Trustees wish to acknowledge the role our team of volunteers perform, to enable the charity to function. Our volunteers contribute to every aspect and activity of the charity which could not function without their enthusiasm and dedication.

Charity’s Future

In the Trustees report for the year ending 31[st] March 2023, it was reported that substantial cost increases to rent, water rates, energy and operational costs at the beginning of 2023 were impacting on the Charity’s ability to function. Regretfully, on the 20[th ] February 2023 our retail shop and warehouse were closed. All trading activities ceased at that date. It was clear to Trustees that the Charity needed to restructure, seek different premises to occupy and attract investment to secure its sustainability in partnership with organisations with similar objectives. The Charity continued to exist whilst negotiations began with our partners, who did not wish to see the end of the services we provided, with demand for them continuing to grow. After unexpected delays an agreement was finally reached.

The Trustees are pleased to announce that in partnership with the local Methodist Church, Wolverhampton District, premises have been secured enabling the Charity to continue its services, including financial support from Wolverhampton City Council. This commenced in April 2024.

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Good Shepherd Relief in Need (Charity No. 1177783)

Declaration

The trustees declare they have approved this report.

Date:

Signed on behalf of the trustees:

Signature Peter Hughes

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Good Shepherd Relief in Need (Charity No. 1177783)

STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating an Income and Expenditure Account) for the year ended 31 March 2024

INCOMING RESOURCES
31.3.24 31.3.23 31.3.22
Donatons 300 705 3,479
Grants
0 12,305 10,000
£13,010 £13,479
Charitable Trading Actvites
Retail Sales (Shops
and Warehouse) 31,949 66,300
House Clearances and Sundry 24,960
Sales
Total Incoming Resources
£300 £69,919 £79,779
OUTGOING RESOURCES
Premises Costs 36,713 48,739
Operatng Costs 27,467 27,799
Overheads 1,014 4,571 6,560
Total Outgoing Resources
£1,014 £87,138 £64,549
NET INCOME/
(EXPENDITURE) (£714.00) (£7,359) £l,624

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Good Shepherd Relief in Need (Charity No. 1177783)

STATEMENT OF ASSETS and LIABILITIES

Cash Funds Unrestricted Restricted Total
Bank (31/03/24) 375 375
Cash in hand 0 0
Total Cash Funds £375 £375

Trustees report that the charity has no other monetary assets, investment assets or assets retained for the charity's own use.

The charity used reserves carried forward from March 2023 to leave no outstanding shortterm liabilities at the end of the period.

Signed by trustee on behalf of trustees

Signature Name

Date of approval

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