## Annual Report and Accounts
For the period 2021 - 2022
Registered Charity No. 1181550 | info@thecowshed.org www.thecowshed.org | #showingloveandsupport | @CowshedCharity Charity Registration Number: 1181550
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2 The Cowshed | Annual Report & Accounts 2021 - 22
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## Contents
|Organisaton Details ...................................................................................... 4|
|---|
|Who We Are & What We Do ..................................................................... 5|
|Trustee’s Report .............................................................................................. 6|
|Chief Executve’s Message ........................................................................... 7|
|Service Report ................................................................................................. 8|
|Projects Report .............................................................................................12|
|Feedback ....................................................................................................... 15|
|Achievements and Performance .............................................................. 17|
|Thank You .................................................................................................... 18|
|Financial review – Independent Examiners Report ............................. 19|
|Accounts - Statement of Financial Actvity ............................................ 20|
|Accounts – Balance Sheet ......................................................................... 21|
|Notes to the Financial Accounts|
|1.
Basis of Preparaton ...................................................................... 22|
|2.
Accountng Policies ...................................................................... 23|
|3.
Income Analysis ............................................................................. 24|
|4.
Analysis of Receipts of Government Grants ............................ 26|
|5.
Donated Goods, Facilites and Services .................................... 26|
|6.
Expenditure Analysis .................................................................... 27|
|7.
Fees for Examinaton of Accounts ............................................ 28|
|8.
Paid Employees ............................................................................. 28|
|9.
Pension Scheme .............................................................................. 29|
|10. Tangible Fixed Assets .................................................................... 30|
|11. Debtors and Prepayments ........................................................... 31|
|12. Creditors and Accruals ................................................................. 31|
|13. Cash at Bank and In Hand .......................................................... 31|
|14. Charity Funds ................................................................................. 32|
|15. Transactons with Trustees and Related Partes ..................... 34|
|Structure Governance and Management ............................................... 34|
Charity Registration Number: 1181550
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## Organisation Details
## **STAFF**
Sally Russell Vicky Newman Ruth Warms Liz Meadows
Founder/CEO
Vicky Newman P/T Donation Centre Supervisor Ruth Warms P/T Donation Centre Supervisor Liz Meadows Donation Centre/ Hygiene Bank Co-ordinator Becky Russell Referrals Manager Chloe Newman Referrals Co-ordinator Nikki Pond Referrals Co-ordinator Rebecca Mole P/T Fundraising Manager
## **TRUSTEES**
Kester Russell Co-Founder /Chair Abbie Walker Treasurer Susie Templeton Suzanne Miles Sharon Ketley Secretary
## **CHARITY MENTORS**
Chris Barrett Steve Hedley
## Duties of the Trustees
The Trustees have complied with their duty to have due regard to the guidance on public benefit published by The Charities Commission in exercising their powers or duties.
Address- Hurst Grove, Sandford Lane, Hurst, Berkshire, RG10 0SQ.
The Cowshed is a registered charity (Charitable Incorporated Organisation) In England and Wales (1181550) with the following objectives;
_The relief of poverty of persons in need in particular but not exclusively by providing such persons with good quality free clothing._
The above object is carried out in accordance with a Christian ethos.
The Annual Accounts were signed on behalf of all the trustees on 16th November 2022.
Kester Russell
Abbie Walker
The Cowshed | Annual Report & Accounts 2021 - 22
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## Who we are and what we do
There is currently no other national charity providing this service in the UK. We have established our first two centres in Reading and Wokingham which cover all Berkshire and hope to expand further as soon as the funds are available.
The Cowshed charity was started in September 2018 and officially launched in February 2019 to give practical support to people of all backgrounds in a time of personal crisis. The aim of The Cowshed is to lovingly provide excellent quality cleaned and ironed clothes,underwear, bedding, curtains,toiletries, and other essential items free to anyone in need. The clothes are donated from the public as well as retailers and manufacturers. They are then sorted, washed, and ironed at our donation centre in Reading sent to our Referral centres in Reading and at our HQ in Hurst ready to be delivered by our drivers or collected by social services, other health professionals or our clients. The idea is that our clients feel they are receiving a gift to assist them in a time of crisis rather than some old clothes that are over worn, marked or damaged.
The Cowshed has a threefold impact: recycling used clothing, helping those most in need in our communities, whilst creating community craft groups to support the main charity.
All the clothes that are donated to us are re purposed, the excellent quality clothes are washed and ironed ready for our clients, the slightly damaged clothing /bedding is repurposed by our arts and crafts group to make items for us to sell and tote bags for us to put our referrals in. Bras are sent to Against Breast Cancer and the plastic bags we receive donations in are given to the food banks locally or recycled. Anything left after this is sold to a recycling organisation to raise further funds to help sustain the charity.
People in need are referred to us through social services, churches, schools, charities, doctors, and other health professionals. We then provide the items that are requested free of charge. The clients can also come to our warehouses to select and try on items should they wish. The Cowshed is staffed mostly by volunteers. In November 2019 we employed our first part time member of staff at our Head Office to manage our growing number of referral requests, since then we have rapidly expanded and now employ 8 staff (5 FTE).
We are extremely excited about having established a movement which directly impacts those most in need in the local community in a positive, loving, non-judgmental way, as well as helping the environment by reusing clothes and other items which would otherwise have ended up in landfill sites.
Charity Registration Number: 1181550
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## Trustee’s Report
The Trustees have complied with their duty to have due regard to the guidance on public benefit published by The Charities Commission in exercising their powers or duties.
The purpose of the charity, as set out in its governing document, is the relief of poverty of persons in need. In particular, but not exclusively by providing such persons with good quality free clothing.
The main activities undertaken for the public benefit in relation to these objects are the provision of standard referrals of a week’s worth of clothing, toiletry packs and other essential items such as bedding and curtains when requested.
2021/2022 was another very challenging year for the charity sector, with the first quarter still governed by the COVID pandemic and the end dominated by the war in Ukraine and the associated cost of living impacts.
The prime strategic focus for the trustees is funding and ensuring the ongoing sustainability of the charity as it continues to expand.
The charity has grown rapidly throughout the year with final revenues and expenditure up by over thirty percent. As a result of this continued expansion it has been difficult to maintain a reserve of three to six months operational costs and this remains a key objective for 2022/2023.
In order to support the continued increase in demand, the level of staff has been increased from 5 to 8 and this will need to be increased further in the coming months.
It was very rewarding to see the huge efforts put in by both staff and volunteers to ensure we could deliver them our service and make them feel welcome.
The charity continues to receive significant support from our wonderful team of volunteers who perform vital tasks such as assisting with sorting donations, selecting items for referrals, delivering referrals, making our tote bags and much more. We are constantly amazed by their diligence and commitment and we could not achieve our aims without them.
We are also extremely thankful to all of our financial supporters from the smallest donors and fundraisers through to the larger trusts and foundations. We have been very lucky this year receiving support from many organisations, too many to list here, but including The National Lottery, Garfield Weston Foundation, Wokingham United Charities and many of the Unitary Authorities. I would especially like to thank The Horseman Trust who provided our original funding which allowed us to get established, and they have been regular supporters ever since.
Looking forward, there continue to be significant challenges ahead as we start to see further increases in demand from Ukrainian refugees and the cost of living crisis however the Trustees are confident that the charity will weather these challenges and continue to grow.
Well done and thank you to all involved.
_Kester Russell - Chair of Trustees_
In September 21 we gave notice on the premises of our donation centre in Winnersh and moved to a new location in Reading with approximately three times the space available. The additional space has also allowed us to open a second referral centre and a second craft centre to meet our growing demand.
In the summer of 2021, following the decision to remove troops from Afghanistan we saw an influx of evacuees from Kabul being housed in local hotels that were in need of support. The large influx was a challenge for the charity especially as the majority of evacuees requiring support were young males, so required similar items
**The Cowshed | Annual Report & Accounts 2021 - 22**
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## Chief Executive’s Message
2021/ 2022 continued to be an incredibly challenging year. After seeing a huge rise in demand during the Coronavirus Pandemic and then our Christmas project which doubled from 2020 we were hoping to restore a little stability and forward planning in the charity only to be faced with the war in Ukraine and the increased demand this presented. We are really proud of the huge commitment and hard work shown by all the staff and volunteers as we continued to rise to the challenge in front of us. We made the decision that we would support the refugees arriving in the country and this quickly escalated as more families were housed in the local area needing many essentials as they literally arrived with the clothes on their backs.
When we started the charity in 2018 we had no idea just how much The Cowshed would be needed in the coming years and the amount of support we would be able to provide through the pandemic, the war in Ukraine and the looming cost of living crisis which the country now faces. Since we launched, we have supported over 15,000 people in Berkshire and this numbers continues to rise at an alarming rate. Whilst it would be better that the support we offer was not needed there has always been poverty and as long as there is The Cowshed will hopefully be around to help anyone who needs us.
_whose support and need was growing in front of our eyes was awe inspiring. My colleagues at The Cowshed took me from a very difficult period in my life back to believing in myself, the support and friendship was amazing, and I never want to lose my link with the charity, whether it be through helping out, donating or just coming in to say hi and make tea for those working so hard for the benefit of others. As much as I helped the charity by volunteering, they helped me to move on with my life, and I will always be grateful for that.” - A Volunteer_
_Sally Russell - Founder & Chief Executive_
We have continued to build valuable relationships within the community and now work with over 930 people across 220 organisations who refer into The Cowshed for support. We love seeing the charity grow and through dedication and hard work of so many we can show love and support to those most vulnerable in our community.
We are proud that The Cowshed not only changes the lives of the people we support but also the people that support us...
_“I started volunteering at The Cowshed after a long period away from paid employment due to illness. I was immediately impressed by the enthusiasm and commitment of all who worked and volunteered at the charity, and, on a personal level, the way I was so warmly accepted and welcomed to ‘the gang’. The sheer hard graft shown by every single person helping out was such a refreshing environment to be in, and the camaraderie and sheer joy of being part of a charity_
Charity Registration Number: 1181550
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## Service Report
## REFERRALS
Between April 2021 and March 2022 we supported 6397 individuals across Berkshire. We now receive referrals from over 220 organisations including all 6 unitary authorities, homeless organisations, domestic violence services, probation, mental health services, schools and many others.
Of these referrals over 3,000 were what we would term a “standard” referral. This package is where we aim to provide a week’s worth of clothing to last an individual a minimum of 6 months, a set of new toiletries, new socks and new underwear, as well as toys and books for children. A cost analysis of the items given shows that the average referral value is £347 per individual. This relates to the cost to the individual of buying the items provided at the cheapest possible market value. Each of our referrals is lovingly packed into bags handmade by our craft group from recycled fabric.
We also provided many other essential items to individuals and families in crisis. We provided 684 individuals with bedding including new duvets and pillows, 345 with school uniform, and 403 with baby equipment such as cots, Moses baskets and prams. Through Hillsong Church Reading we were also able to provide 3,200 food parcels as an additional support through the Covid pandemic.
In 2021/2022 we supported between 75 and 100 individuals each week of which 66% were under 18.
## NEW REFERRALS CENTRE
In February 2022 we opened the doors to our second referrals centre in Reading. Due to the massive increase in demand for our service, we needed more capacity in order to fulfil all the requests we were receiving. Our new space in Bennet Court now processes referrals for Reading and West Berkshire whilst our original centre in Hurst caters for Wokingham, Bracknell and East Berkshire.
**The Cowshed | Annual Report & Accounts 2021 - 22**
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## Service Report
## PROM
Attending Prom or the Leavers Ball is an important and exciting event for 16 to 18-year olds. Outfits are often very expensive resulting in some students either not attending or their families potentially getting into debt. We provide a free Prom outfit lending service to any school age children whose families/carers are unable to purchase one for them. We also rent outfits for a flat rate of £50/£25 for those who may want to save on purchasing a dress/suit. This year we helped 77 people find their perfect prom outfit, including referrals for 15 individuals who could not have afforded to go otherwise.
## DONATION CENTRE
What a busy year it’s been for our donation centre.
In November 2021, the Donation Centre moved from our premises at King Street Lane, Winnersh to Bennet Court in Reading. With help from many staff and volunteers, we put up walls, put in plumbing and a kitchen, decorated, and set up an even bigger centre, only closing for donations for one week whilst we moved.
The amount of donations received has continued to increase in line with the demand for our services. During the year we sorted through over 152 tonnes of donations; keeping the clothing, bed linen etc which is in excellent condition to launder and give out to our clients, recycling what we can to make into bags, by the Craft Group, or moving it on to bring
Charity Registration Number: 1181550
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## Service Report
in much needed revenue to help pay for the products we have to buy such as duvets, toiletries and underwear.
We are continuing our recycling commitment and support for other local charities including Against Breast Cancer, by being a collecting point for pre-loved bras. Jac in a Box Wokingham by passing on any household goods we receive and cannot use; Emmbrook School free library with children’s books.
We have over 70 wonderful volunteers at the donation centre who are committed to helping the Cowshed and give up their time to come in every week to sort donations and launder clothes to be given out to our clients. This includes students and teachers from Addington School; Youth Justice League and Duke of Edinburgh award scheme students.
We also have fantastic support from an increasing number of local businesses whose employees are coming in to help with all the practical jobs. Some of these companies have committed to come one day every month or choose consecutive weeks for their teams to work with us.
## ARTS AND CRAFTS GROUP
Craft at the cowshed has continued to grow from strength to strength. This wonderful group of volunteers have managed to keep both Hurst and Reading supplied with referral bags, toiletry bags and toy bags as well as making over 2000 Santa sacks for our 2021 Christmas appeal.
The group has also created many beautiful crafts to sell both online and at various craft fairs throughout the year including lots of beautiful jubilee themed items which sold out as quickly as they could be made raising over £4000 for the charity! The craft group also supports sewing workshops in partnership with Activate Learning for adults to learn new skills at a reduced rate and we have also run very popular sewing and craft courses for children during school holidays.
The craft group has now grown to over 65 volunteers who come to meet new friends, learn new skills, and support The Cowshed. As one volunteer said recently “When I first came here I felt I had died and gone to heaven! What could be better than sewing, chatting, making new friends and at the same time doing good”.
**The Cowshed | Annual Report & Accounts 2021 - 22**
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## Service Report
## BRAS AT THE COWSHED
Having a well-fitting bra is extremely important. Sadly most women in this country do not get measured and this is especially the case for our clients who are often unable to afford to buy new clothing. Thanks once again to Wacoal Europe for providing us with wonderful new bras and underwear. We continue to offer a free bra fitting service for cup sizes A- HH where our referred clients will be able to come to our showroom in Reading and be treated to a fitting and two free beautiful bras from Fantasie or Freya and other brands ( subject to stock availability) Fitting really is key to a woman finding the perfect bra and will transform the way she looks and feels giving her the right support and foundation to her outfit. Bras are an expensive item for our clients and this service will be a fantastic addition to the service we already offer to families in need locally.
We have supported over 500 women this year with bras, many of whom have never been fitted and were overjoyed with the difference this small service brought.
## LITTLE BLACK DRESS SALE
Word has been spreading about our occasion wear outlet at Bennet Court which is open to the public on a daily basis, and since Covid restrictions ended we have seen an upturn in sales as events like weddings, festivals and special parties are now happening again.
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Charity Registration Number: 1181550
## Projects Report
## CHRISTMAS PROJECT
In December 2021 we provided Christmas gifts for 2,420 individuals who would not otherwise have received any presents. This is a massive increase of 100% on 2020 and works out at 12,000 presents provided. Referrers had the opportunity to specify a child’s interests and we tried our best to take this into consideration when selecting gifts. Each sack contained 4 gifts, a book, a selection pack and stocking filler and each of the presents were lovingly wrapped by our team of “Elves at The Cowshed” and put into fabric sacks made by our wonderful craft group. The sacks were then either delivered or collected in time to bring joy on Christmas day!
Following this project we sent out a survey to all our referrers which revealed…
- 78% Preferred wrapped presents
- 96% were very happy with the service we provided
## AFGHAN EVACUEES AND ASYLUM SEEKERS
In August 2021 Kabul was captured by Taliban forces leading to the mass evacuation of vulnerable Afghans. We were contacted by multiple organisations to be part of the collaborative response to support these evacuees. Throughout August to December, working alongside Wokingham Borough Council, Care4Calais and West
Berkshire Health Visiting we supported over 150 Afghans with clothing and other essential items.
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In 2021-22 we also
supported 437
asylum seekers who
have no recourse to
public benefit.
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The Cowshed | Annual Report & Accounts 2021 - 22
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## Projects Report
## HOLIDAY ACTIVITIES AND FOOD PROGRAMME
We are delighted to partner with Wokingham Borough Council as part of the Holiday Activities and Food Programme. This programme provides support to children in receipt of free school meals through holiday periods. Research has shown that the school holidays can be pressure points for some families.
For some children this can lead to a holiday experience gap, with children from low-income households being:
- less likely to access organised out-of-school activities
- more likely to experience ‘unhealthy holidays’ in terms of nutrition and physical health
- more likely to experience social isolation
As part of the response to address this experience gap, throughout the summer we ran craft activities
at 6 different events across the Wokingham Borough and also provided take home rucksacks and outdoor/craft activities to 450 free-school meal children to provide things to make and do during the summer holidays. It was also a great opportunity to reach out to local families with information about
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the support
we can
provide.
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## NOAH BOXES
We are being asked more and more for household items such as cutlery, towels, crockery, pans, kitchen utensils etc for people moving into sheltered / emergency accommodation who for whatever reason have found themselves with very few possessions and do not have the resources to purchase these themselves. We are partnered with a fantastic new company in London called Noah who offer starter packs. These packs each contain items which provide a great start for people who are often in extremely difficult and traumatic situations. The boxes can be adjusted to meet the persons/ family’s requirements and are delivered straight to their homes.
## WELCOME TO THE WORLD
In 2021 we were approached by the care leaving team at Brighter Futures for Children. They often found that the care leavers under their team had very limited support when pregnant and expecting their first child. Care leavers can be very much on their own, with little family support and no-one to turn to other than the leaving care team. Growing up in care can be hard, as you miss out on many things, so when a care leaver becomes pregnant, it can be a very daunting time. The gift of a ‘Welcome to the World Hamper’ with beautiful and essential items which every new mum or dad should have, will be a way of making them feel valued, and help prepare for and celebrate the birth of their child. Each hamper contains brand new items needed for a baby including bottles, steriliser, babygrows, changing bag and mat, toiletries, nappies, baby bath among many other items.
Charity Registration Number: 1181550
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## Projects Report
## HELP US GROW OUR CHARITY
As we continue to expand at a rapid rate, we wanted to launch an initiative which would enable us to grow our charity so we can open centres in other counties. Raising funds in 2020 was a challenge with no events taking place and opportunities to reach the public were limited, so we brainstormed and came up with the idea to make gifts in our craft group that we could put in boxes and send through the post. This has been a huge success and we are building on the initial ideas and adding new boxes all the time. We now have an online shop and have been booking craft stalls for the summer to sell all the wonderful items our superb craft group volunteers have been making from recycled fabrics.
## HYGIENE BANK
Many people locked in poverty or those who find themselves in times of crisis often experience restricted options. This leaves them caught between being able to heat their home, pay their rent, buy food or keep clean. Hygiene poverty can be shaming, humiliating and excluding.
In early February 2022 we set up the Reading branch of The Hygiene Bank supporting local charities Care4Calais Reading, The Cowshed and Wokingham Foodbank.
The Hygiene Bank runs on donations from both public donation points and brand donations.
We have also successfully trialled “donation bin loans” whereby an organisation such as an office or church will host a donation bin for a drive.
We are excited about the potential of this project and with more donation points coming soon, we aim to help more people locally in need via our community partners with much needed toiletries, period products and household cleaning supplies that they may otherwise have to go without.
The Cowshed | Annual Report & Accounts 2021 - 22
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## Feedback
_Today one of my officers was brought to tears with a delivery of items from The Cowshed this is to enable one of our service users to attend a funeral on Friday. Ensuring people have good family ties and maintain support networks is a crucial part of reducing reoffending and this is going to be really important to this person although for a sad reason, as he will reconnect with others that are important to him. Just wanted to say a huge ‘thank you’ from all of us at Probation, as so many of our officers have positive stories to tell about The Cowshed and we’re really grateful for all the support we are given from you and you team._
## _**Senior Probation Officer**_
_Can I just say thank you so much for your support this year. The referrals I have made to you have all been blown away by your generosity and the items they have received. All of my referrals have been for families who are really struggling and they have all wanted me to pass on their thanks. My little 14 year old is now walking to school on his own for the first time now that he has a warm coat. This has made such a difference to his mum as she has a severely disabled daughter and now does not have to get care for her whilst she takes her son to school. The work you do is amazing so thank you!!!_
_I am emailing to say the biggest and most heartfelt thank you for the stockings you provided for my children this Christmas. I was absolutely blown away by the generosity shown towards my family, the children had a wonderful Christmas that I just could not have provided for them this year. The father of my children has various issues which has meant he has been unable to contribute physically, emotionally or financially towards our children for a few years now. I had never anticipated that I would find myself a single parent to young children, we have been staying with family for a couple of years whilst I finish my studies and get back onto my feet, money has been extremely tight. Christmas is a stressful time for so many families who worry about disappointing and upsetting their children like I have done in recent years. I was honestly so moved by the lengths The Cowshed have clearly been to, to help families like mine. Thank you for everything you have done.”_
_Thank you very much for delivering much wanted items for our Service User. She appreciated it very much. From me please tell all of your Team, to be proud of the work they do because the support you provide for vulnerable people goes a long way in taking away their anxiety of worrying about how they will purchase items they really need but cannot afford. This gives them time and increases their capacity to begin dealing or focusing on the barriers or issues they have._
_**Modern day slavery and victim care adviser**_
Charity Registration Number: 1181550
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## Feedback
_We are a family of five and asylum seekers. We didn’t have enough clothes, shoes, jackets, toiletries, and necessary things when we became homeless. During that hard time, we were recommended to contact “The Cowshed” charity organisations by our health visitor. Once we contacted them, they provided with all the necessary items such as suitable clothes age by age, shoes, jackets, laundry items and toys in a professional manner. It was really helpful during that stressful and helpless situation._
_Also, when I was pregnant, I was in need of maternity clothes and was provided with lots of it which was really useful during that time._
_Also, after we were blessed with a baby girl, The Cowshed helped us a lot with baby items such as baby clothes, crib, bedding set, Moses basket, highchair, feeding bottles, nappies, wipes, bath tub and toiletries etc. All of the baby items were arrived just in time before our girl was born._
_It was quite a lot of stuffs we couldn’t even imagine. We were very much grateful to get all the stuffs at once on time. Our baby girl was so lucky to have all ready before her arrival. We received helps from The Cowshed for several times more than 6 months period. Also, they even sent us baby clothes up to 9 months to our new-born baby._
_We are so grateful to The Cowshed charity organisation for helping us when we were in need. My children were so happy when they received clothes, shoes, and their favourite toys. Most of the items were brand new. We as a family still don’t know how to thank The Cowshed for being so kind and helpful during our stressful time. We like to wish The Cowshed good luck with their work and May God bless their charity work more and more. We once again we say a big THANK YOU! for helping us!”_
_**Client**_
_As a foster parent, our social worker kindly referred my young person to The Cowshed to take a look at Prom Dresses! And what an afternoon we hadNikki looked after us, we looked through hundreds of the most beautiful dresses and chose around 20 for my foster child to try on. She fell in love with 4 and whittled it down to her favourite! This is on a hire basis and we are extremely grateful! Not only was the most beautiful dress loaned to her but she was given a stunning pair of shoes and a bag to keep! Then…. She was allowed to raid the make up boxes! Brand new makeup, lashes, eyebrow kits.. every 16 year olds dream! We are completely overwhelmed with what this charity provides, we feel so fortunate to have been able to come - and Nikki is completely awesome! Thank you again Cowshed!”_
_I just wanted to say a huge thank you for all your help with past, current and I’m sure future clients, at Two Saints we strive to support some of the most vulnerable people in our communities and it’s been made a lot easier with your support. I was personally blown away by The Cow shed’s generosity at Christmas with the gifts, I came into the donation centre a number of times over that period and was in awe of the organisation and what you offer the local communities, and despite presents piled high and volunteers working hard to get them wrapped you still found the time to pick amazing, personalised gifts for my clients. I really can’t express enough what those presents meant for my clients, the first gifts they would have received in years and for them to be so thoughtful was just wonderful. The feedback I had from my clients was that of joy, feeling special and cared for.”_
_**Housing First Community Support Worker**_
The Cowshed | Annual Report & Accounts 2021 - 22
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## Achievements and Performance
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Referrals Individuals Previous Year Financial Benefit
Helped Provided
Standard Requests 2,521 3,156 2,532 £1,097,021.00
HAF Craft Packs N/A 450 0 £13,500
Christmas Present Sacks 925 1752 1,040 £105,120
Vulnerable Adult Christmas Gifts 275 497 216 £9,940
Christmas Hampers 90 171 338 £5,130
Prom 95 95 £16,800
Refugee and Evacuee Support N/A 150 0 £52,140
Welcome to the World 8 8 0 £2,800
Noah Boxes 84 118 10 £10,030
Totals 3,998 6,397 4,136 £1,312,481
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The Easter Hamper project was a COVID specific project providing support to families during lockdowns and was not repeated in this financial year.
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Worked with
152
Average Standard
Referral Value
223 75-100
TONNES
Organisations Average number of
of donations
£347.60
referrals per week
without bedding by year end
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Gave **128,636** Items in Standard Referrals including
**30,854 15,981 30,256 3,837** Tops / Shirts / Hoodies Shorts / Trousers Items of Underwear Items of Bedding
**7,500 8 165** Facebook Staff Volunteers Followers (5.5 FTE)
Charity Registration Number: 1181550
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## Thank You
The Cowshed would like to extend this year. Without the support they our heartfelt thanks to all provide we would be unable to those individuals, deliver the service we do. families, businesses We would also like to say a and grant making bodies that have special thank you to all of our amazing volunteers who supported us
week after week support us sorting, washing and ironing donations as well as supporting our referral teams, driving our delivery vans and producing referral bags and many other items in our craft groups.
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The Cowshed | Annual Report & Accounts 2021 - 22
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**18**
## Financial Review – Independent Examiner’s Report
I report on the accounts of The Cowshed for the period from 1st April 2020 to 31st March 2021, which are set out on pages 20 to 34.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
- to state whether particular matters have come to my attention
## **BASIS OF INDEPENDENT EXAMINER’ S STATEMENT**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide
all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **INDEPENDENT EXAMINER’ S STATEMENT**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met;
or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Signed:
Name: Christopher Fairweather Date: 16th November 2022
Relevant professional qualification or body: ICAEW (Member of The Institute of Chartered Accountants of England and Wales)
Address: 10 Swallows Croft, Reading RG1 6EH
Charity Registration Number: 1181550
19
## Accounts - Statement of Financial Activity
**----- Start of picture text -----**
Categories by Activity Unrestricted Restricted Endowment Total Prior year
funds income funds funds funds
£ funds £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 113,628 187,846 - 301,474 214,962
Charitable activities S02 47,466 - - 47,466 65,968
Other trading activities S03 20,011 - - 20,011 2,901
Investments S04 - - - - -
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total SO7 181,105 187,846 - 368,951 283,831
Resources expended (Note 6)
Expenditure on:
Raising funds S08 5,533 - - 5,533 3,162
Charitable activities S09 165,199 186,846 - 352,045 233,478
Separate material item of expense S10 1,090 - - 1,090 -
Other S11 - - - - 33,515
Total S12 191,621 167,047 - 358,668 270,155
Net income/(expenditure) before S13 9283 1000 - 10,283 13,676
investment gains/(losses)
Net gains/(losses) on investments S14 - 1000 - - -
Net income/(expenditure) S15 9283 - - 10,283 13,676
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of S18 - - - - -
fixed assets for the charity’s own use
Other gains/(losses) S19 - - - - -
Net movement in funds S20 9283 1000 - 10,283 13,676
Reconciliation of funds:
Total funds brought forward S21 38,140 - - 38,140 24,464
TOTAL FUNDS CARRIED FORWARD S22 47,423 1000 - 48,423 38,140
Notes
Guidance
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The Cowshed | Annual Report & Accounts 2021 - 22
20
## Accounts – Balance Sheet
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Categories by Activity Unrestricted Restricted Endowment Total this Total last
funds income funds year year
£ funds £ £ £ £
Fixed assets B01 - - - - -
Intangible assets (Note 15) B02 - - - -
Tangible assets (Note 14) B03 42,367 - - 42,367 32,527
Heritage assets (Note 16) B04 - - - - -
Investments (Note 17) B05 - - - - -
- -
Total fixed assets 42,367 42,367 32,527
Current assets
Stocks (Note 18) B06 - - - - -
Debtors B07 352 - - 352 28,230
Investments B08 - - - - -
Cash at bank and in hand B09 23,794 - - 23,794 44,404
Total current assets B10 24,146 - - 24,146 72,634
Creditors: amounts falling due B11 11,771 - - 11,771 60,704
within one year (Note 20)
Net current assets/(liabilities) B12 12,375 - - 12,375 11,930
Total assets less current liabilities B13 54,784 - - 54,784 44,457
Creditors: amounts falling due B14 - - - - -
after one year (Note 20)
Provisions for liabilities B15 - - - - -
- -
Total net assets or liabilities 54,742 54,742 44,457
Funds of the Charity
Endowment funds (Note 27) B17 - - - - -
Restricted income funds (Note 27) B18 - - - - -
Unrestricted funds B19 54,740 - - 54,740 44,457
Revaluation reserve B20 - - - - -
TOTAL FUNDS B21 54,740 - - 54,740 44,457
Notes
Guidance
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Charity Registration Number: 1181550
21
## Notes to the Financial Accounts
## **1. BASIS OF PREPARATION**
## **1.2 GOING CONCERN**
## **1.1 BASIS OF ACCOUNTING**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- and with the Charities Act 2011
The accounts are prepared on a going concern basis.
## **1.3 CHANGE OF ACCOUNTING POLICY**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note {2}.
## **1.4 CHANGES TO ACCOUNTING ESTIMATES**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
## **1.5 MATERIAL PRIOR YEAR ERRORS**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
The charity constitutes a public benefit entity as defined by FRS 102.*
**The Cowshed | Annual Report & Accounts 2021 - 22**
**22**
## Notes to the Financial Accounts
## **2. ACCOUNTING POLICIES**
## **2.1 RECONCILIATION TO GAAP – Not Applicable**
## **2.2 INCOME**
## **Donated goods**
Donated goods are measured at fair Yes No N/A value (the amount for which the asset could be exchanged) unless impractical to do so.
## **Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources; and Yes No N/A
- the monetary value can be measured with sufficient reliability.
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Yes No N/A
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Yes No N/A
## **Government grants**
Yes No N/A
The charity has received government grants in the reporting period
## **Tax reclaims on donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless Yes No N/A the donor or the terms of the appeal have specified otherwise.
Yes No N/A
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
## **Support costs**
Yes No N/A The charity has incurred expenditure on support costs.
## **Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
## **2.3 EXPENDITURE AND LIABILITIES**
## **Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and Yes No N/A the amount of the obligation can be measured with reasonable certainty.
## **Deferred income**
Yes No N/A
No material item of deferred income has been included in the accounts.
## **2.4 ASSETS**
## **Tangible fixed assets for use by charity**
These are capitalised if they can be used for more than one year, and cost at least
**£42,367**
Yes No N/A
They are valued at cost.
The depreciation rates and methods used are disclosed in note 10.
Charity Registration Number: 1181550
23
## Notes to the Financial Accounts
## **3. INCOME ANALYSIS**
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Analysis Unrestricted Restricted Endowment Total Prior
funds income funds funds year
£ funds £ £ £ £
Donations and legacies:
-
Donations and gifts 39,625 41,916 81,541 36,629
- -
Gift Aid 3,240 3,240 2,460
- - - - -
Legacies
General grants provided by government/ -
other charities 42,241 140,605 182,846 169,273
Membership subscriptions and sponsorships which are in substance donations - 5,325 - 5,325 600
- - -
Donated goods, facilities and services 6,000
- - -
Fundraising Activities 28,522 28,522
Other - - - - -
Total 113,628 187,846 - 301,474 214,962
Charitable activities:
- -
Recycling 47,466 47,466 32,453
- - - -
WUC Funding 33,515
- - - - -
Other - - - - -
Total 47,466 - - 47,466 65,968
Other trading activities:
- -
Shop sales of donated items 12,055 12,055 2,901
Prom Sales 2,556 - - 2,556 -
Courses 1,140 - - 1,140 -
- - -
Help Us Grow Project 2,730 2,730
Other Revenue 1,530 - - 1,530 -
Other - - - - -
Total 20,011 - - 20,011 -
Income from investments:
Interest income - - - - -
Dividend income - - - - -
- - - - -
Rental and leasing income
Other - - - - -
Total - - - - -
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The Cowshed | Annual Report & Accounts 2021 - 22
24
## Notes to the Financial Accounts
## **3. INCOME ANALYSIS**
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Analysis Unrestricted Restricted Endowment Total Prior
funds income funds funds year
£ funds £ £ £ £
Separate material item of income:
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
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|**Other:**|**Other:**|**Other:**|**Other:**|**Other:**|**Other:**|
|---|---|---|---|---|---|
|Conversion of endowment funds into
income|-|-|-|-|-|
|Gain on disposal of a tangible fxed asset
held for charity's own use|-|-|-|-|-|
|Gain on disposal of a programme related
investment|-|-|-|-|-|
|Royaltes from the exploitaton of
intellectual property rights|-|-|-|-|-|
|Other|-|-|-|-|-|
|**Total**|**-**|**-**|**-**|**-**|**-**|
|**TOTAL INCOME**|**181,105**|**187,846**|**-**|**368,951**|**283,831**|
|**Other informaton**
**368,951.53**||||||
**Other information**
**All income in the prior year was unrestricted except for: (please provide description and amounts)**
**£187,846 - Salary £79,958, Rent £39,416, Referrals £41,300, Fixtures £900, Arts and Crafts £2,500, Children’s Craft £8,447, Christmas Sacks £10,000, Noah’s Box £5,325**
Charity Registration Number: 1181550
25
## Notes to the Financial Accounts
## **4. ANALYSIS OF RECEIPTS OF GOVERNMENT GRANTS**
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Description This year Last year
£ £
-
Government grant 1 - Police and Crime Commissioner COVID Grant 30,124
-
Government grant 2 - Local Authority NNDR Business Grant 15,000
-
Government grant 3 - Wokingham Borough Council Health and Activity Programme 8,447
-
Government grant 4 - Wokingham Borough Council Winter Hardship Funding 25,000
-
Government grant 5 - Bracknell Forest Council Winter Hardship Funding 10,000
Other - -
Total 43,447 45,124
**----- End of picture text -----**
## **5. DONATED GOODS, FACILITIES AND SERVICES**
**----- Start of picture text -----**
Description This year Last year
£ £
- -
Seconded staff
- -
Use of property
Other - Delivery Van _ 6,000
Total - 6,000
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**Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.**
The Delivery van was recognised on the SOFP as a tangible asset and is depreciated on a straight-line basis over 5 years. The fair value of the donation has been estimated using the price of a similar make, model and age van.
Donated goods for resale are recognised at the point of sale as it is impractical for the charity to recognise them on receipt due to the volume and variety of the goods donated. Income relating to these items is recognised in Other trading activities in the SOFA.
**Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.**
Not applicable
**Please give details of other forms of other donated goods and services not recognised in the accounts, eg. contribution of unpaid volunteers.**
Unpaid volunteers contribute to the charity in a wide variety of roles which cannot be quantified.
The charity receives a significant amount of donations of goods which are donated free of charge as part of the core service. Due to the volume and variety of goods received and distributed, it is impractical to assess the value of these goods and therefore they are not included in these accounts.
The Cowshed | Annual Report & Accounts 2021 - 22
26
## Notes to the Financial Accounts
## **6. EXPENDITURE ANALYSIS**
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Analysis Unrestricted Restricted Total Prior
funds income funds year
£ funds £ £ £
Expenditure on raising funds:
Incurred seeking donations - - - -
Staging fundraising events 834 - 834 227
Advertising, marketing, direct mail and publicity 2,330 - 2,330 1,716
Start up costs incurred in generating new source of future income 2,356 - 2,356 1,088
Other trading activities 13 - 13 131
Total expenditure on raising funds 5,533 - 5,533 3,162
Expenditure on charitable activities:
Salaries 32,821 79,958 112,779 57,595
Rent, Rates, Utilities 72,414 39,416 111,830 69,470
Storage - - - -
Purchases for referrals 6,748 41,300 48,048 42,427
Set Up Costs 4,469 900 5,369 2,409
General Expenses 5,788 - 5,788 5,278
Other Costs - - - -
Arts and Craft Supplies 757 2,500 3,257 3,481
Children’s Craft Project 1,989 8,447 10,436 16,851
Christmas Sacks Project 11,711 10,000 21,711 16,933
Easter Hamper Project 165 - 165 9,181
Accountancy 3,365 - 3,365 2,867
Noah's Box Project 228 5,325 5,553 1,278
Building Materials and Maintenance 9,468 - 9,468 1,692
Vehicle Costs 2,272 - 2,272 160
Insurance Costs 3,090 - 3,090 1,735
-
IT Software, Subscriptions and Consumables 2,666 2,666 1,344
Staff Training 276 - 276 778
Depreciation Expense 5,776 - - 5,776
Hygiene Bank 195 - - 195
Total expenditure on charitable activities 164,199 187,846 352,045 233,478
Separate material item of expense
Staff Welfare 1,090 - 1,090 -
Total other expenditure 1,090 - 1,090 -
Other
WUC Referral Costs - - - 33,515
Total other expenditure - - - 33,515
TOTAL EXPENDITURE 170,822 187,846 358,668 270,155
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Charity Registration Number: 1181550
27
## Notes to the Financial Accounts
## **7. FEES FOR EXAMINATION OF ACCOUNTS**
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter ‘0’ in the appropriate box(es).
||**This year £**|**Last year £**|
|---|---|---|
|**Independent examiner’s fees**|0|0|
|**Assurance services other than audit or independent examinaton**|0|0|
|**Tax advisory fees**|0|0|
|**Other fees (for example: fnancial advice, consultancy, accountancy services) paid to**
**the independent examiner**|**0**|**0**|
## **8. PAID EMPLOYEES**
|8.1
Staf Costs|8.1
Staf Costs|8.1
Staf Costs|
|---|---|---|
||**This year £**|**Last year £**|
|**Salaries and wages**|111,201|56,920|
|**Social security costs**|-|-|
|**Pension costs (defned contributon scheme)**|1,578|675|
|**Other employee benefts**|-|-|
|**Total staf costs**|**112,779**|**57,595**|
**Please provide details of expenditure on staff working for the charity** Not applicable **whose contracts are with and are paid by a related party**
**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter ‘true’ in the box provided.**
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
True
The Cowshed | Annual Report & Accounts 2021 - 22
28
## Notes to the Financial Accounts
**Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity**
34000
8.2. Average head count in the year
|8.2.
Average head count in the year|||
|---|---|---|
||**This year number**|**Last year number**|
|**Fundraising**|1|-|
|**Charitable Actvites**|6|5|
|**Governance**|1|-|
|**Other**|-|-|
|**Total staf costs**|**8**|**5**|
## **9. DEFINED CONTRIBUTION PENSION SCHEME OR DEFINED BENEFIT SCHEME ACCOUNTED FOR AS A DEFINED CONTRIBUTION SCHEME**
**Amount of contributions recognised in the SOFA as an expense**
1578
**Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
The liability and expense of the defined contribution pension scheme is allocated to expenditure on charitable activities. Unrestricted funds are used except where a restricted fund was received for salary costs for a specific role.
Charity Registration Number: 1181550
29
## Notes to the Financial Accounts
## **10. TANGIBLE FIXED ASSETS**
- 10.1. Cost or valuation
**----- Start of picture text -----**
Freehold Other land Plant, Computer Fixtures, Total £
land & & buildings machinery Equipment fittings and
buildings and motor £ equipment
£ vehicles £
£
At the beginning of the year - - 10,202 4,418 17,908 32,527
Additions - - - - 15,616 15,616
Revaluations - - - - - -
Disposals - - - - - -
Transfers * - - - - - -
At end of the year - - 10,202 4,418 33,524 48,143
**----- End of picture text -----**
|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|10.2
Depreciaton and Impairments|
|---|---|---|---|---|---|---|---|---|---|---|---|
|****Basis**|SL or RB|SL or RB||SL 5 Years||SL 3 Years||SL 10 Years||SL or RB||
|**** Rate**||||||||||||
|_Straight Line (“SL”) or Reducing Balance (“RB”)_||||||||||||
|At beginning of the year|-|-||-||-||-||-||
|Disposals|-|-||-||-||-||-||
|Depreciaton|-|-||2,040||1,473||2,263||5,776||
|Impairment|-|-||-||-||-||-||
|Transfers*|-|-||-||-||-||-||
|**At end of the year**|**-**|**-**||**2,040**||**1,473**||**2,263**||**5,776**||
|10.3. Net Book Value||||||||||||
|Net book value at the beginning of the year||-|-||10,202||-||17,908||32,527|
|Net book value at the end of the year||-|-||8,161||2,945||31,260||42,367|
The Cowshed | Annual Report & Accounts 2021 - 22
30
## Notes to the Financial Accounts
## **11. DEBTORS AND PREPAYMENTS**
|11.1. Analysis of debtors|**This year £**|**Last year £**|
|---|---|---|
|**Trade debtors**|-|-|
|**Prepayments and accrued income**|-|-|
|**Other debtors**|351.80|28,230.00|
|**Total**|**351.80**|**28,230.00**|
## **12. CREDITORS AND ACCRUALS**
|12.1. Analysis of creditors|**Amounts falling due**
**within one year**|**Amounts falling due**
**within one year**|**Amounts falling due afer**
**more than one year**|**Amounts falling due afer**
**more than one year**|
|---|---|---|---|---|
||This year £|Last year £|This year £|Last year £|
|Accruals for grants payable|-|-|-|-|
|Bank loans and overdrafs|-|-|-|-|
|Trade creditors|5,886|29,797|-|-|
|Payments received on account for contracts or
performance-relatedgrants|-|-|-|-|
|Accruals and deferred income|2,593|2,593|-|-|
|Taxaton and social security|2,155|886|-|-|
|Other creditors|1,136|692|-|-|
|**Total**|**11,771**|**33,968**|**-**|**-**|
## 12.2. Deferred income
**Please complete this note if the charity has deferred income.** Income is deferred when we receive a grant in advance for expenditure over a specified period of time. The income is released when the **Please explain the reasons why** expenditure has occurred. **income is deferred.**
|**income is deferred.**
p .|||
|---|---|---|
|**Movement in deferred income account**|**This year £**|**Last year £**|
|**Balance at the start of the reportng period**|-|-|
|**Amounts added in current period**|-|26,735|
|**Amounts released to income from previous periods**|-|-|
|**Balance at the end of the reportng period**|**-**|**26,735**|
## **13. CASH AT BANK AND IN HAND**
||**This year £**|**Last year £**|
|---|---|---|
|**Short term cash investments (less than 3 months maturity date)**|-|-|
|**Short term deposits**|-|-|
|**Cash at bank and on hand**|23,794|44,404|
|**Other**|-|-|
|**Total**|**23,794**|**44,404**|
Charity Registration Number: 1181550
31
## Notes to the Financial Accounts
## **14. CHARITY FUNDS**
14.1. Details of material funds held and movements during the CURRENT reporting period
**Key:** R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
|**Key:**R - restricted inco|me fund|s, including special trusts, of the cha|rity; and U|- unrestric|ted funds||
|---|---|---|---|---|---|---|
|**Fund names**|**Type ***|**Purpose and Restrictons**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expendi-**
**ture**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|Earley Trust|R|Referral Consumables|-|3,000|3,000|-|
|Garfeld Weston|R|Salary|-|18,333|18,333|-|
|Wokingham Town Council|R|Salary|-|3,000|3,000|-|
|Arnold Clark|R|Referral Consumables|-|1,000|1,000|-|
|Natonal Lotery|R|Referral Consumables|-|10,000|10,000|-|
|BCF|R|Referral Consumables|-|5,000|5,000|-|
|BCF|R|Salary|-|5,000|5,000|-|
|PF Charitable Trust|R|Referral Consumables|-|2,000|2,000|-|
|Hilden Charitable Trust|R|Referral Consumables|-|5,000|5,000|-|
|Didymus|R|Referral Consumables|-|5,000|5,000|-|
|ToyTrust|R|Christmas Present Project|-|2,000|2,000|-|
|Wokingham United Charity|R|HAF Project|-|4,000|4,000|-|
|Wokingham Borough Council|R|HAF Project|-|2,447|2,447|-|
|52 Lives|R|School Uniform|-|500|500|-|
|The Englefeld Trust|R|Salary|-|3,000|3,000|-|
|Wokingham United Charites|R|Christmas Present Project|-|5,000|5,000|-|
|Wokingham Borough Council|R|HAF Project|-|2,000|2,000|-|
|Brighter Futures|R|Household Support Grant|-|1,000|1,000|-|
|Warburtons|R|Referral Consumables|-|400|400|-|
|ReadingFamilyChurch|R|Winter Coats|-|2,000|2,000|-|
|Natonal Lotery|R|Referral Team Costs|-|42,625|42,625|-|
|Public Donaton|R|Noah Boxes|-|5,325|5,325|-|
|HedleyCharitable Trust|R|Referrable Consumables|-|2,000|2,000|-|
|Masonic Lodge|R|Fixtures and Fitngs|-|900|900|-|
|Terracycle|R|Referral Consumables|-|400|400|-|
|FSP Foundaton|R|Referral Consumables|-|2,500|2,500|-|
|ShanlyFoundaton|R|Arts and Crafs|-|2,500|2,500|-|
|Tesco|R|Referrals Consumables|-|1,500|1,500|-|
|Grocers Charity|R|Salary|-|5,000|5,000|-|
|Cityand Metropolitan|R|Salary|-|3,000|3,000|-|
|Cash for Kids|R|Christmas Project|-|3,000|3,000|-|
|Restricted Donatons|R|Rent|-|39,416|39,416|-|
|**Other funds**|**UR**|**All other income and expenditure**|**44,457**|**181,105**|**170,822**|**54,740**|
|**Total Funds**|||**44,457**|**368,951**|**358,668**|**54,740**|
The Cowshed | Annual Report & Accounts 2021 - 22
32
## Notes to the Financial Accounts
## **14. CHARITY FUNDS CONT.**
14.2. Details of material funds held and movements during the PREVIOUS reporting period
**Key:** PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
|**Fund names**|**Type ***|**Purpose and Restrictons**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expendi-**
**ture**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|
|Lotery Community Fund|R|Craf Materials for COVID Packs|-|3,000|3,000|-|
|Wokingham Town Council|R|Prom Coordinator|-|1,000|1,000|-|
|Wokingham United
Charites|R|Referral coordinator and referral costs|-|10,000|10,000|-|
|Wokingham United
Charites|R|Craf Materials for COVID Packs|-|5,000|5,000|-|
|Woodward|R|Arts and Craf Equipment|-|1,000|- 1,000|-|
|Neighbourley|R|Craf Materials for COVID Packs|-|400|400|**-**|
|BCF|R|Craf Materials for COVID Packs|-|5,000|5,000|-|
|CAF|R|Salary, Rent, Craf, Referral|-|10,000|10,000|**-**|
|PCC|R|Rent, Utlites, Fitngs, Referrals|-|15,124|15,124|-|
|Lotery Community Fund|R|Salary, Rent, Utlites, Fitngs, Referral|-|40,000|40,000|-|
|BCF|R|Distributon Centre Coordinator|-|8,000|8,000|-|
|The Syder Foundaton|R|Referral Costs|-|2,500|2,500|**-**|
|PCC|R|Rent, Utlites, Fitngs, Referrals|-|15,000|15,000|-|
|CAF Resilience Fund|R|Distributon Centre Coordinator, Rent,
Referrals|-|10,500|10,500|-|
|Bauer Radio|R|Toiletries|-|1,995|1,995|-|
|Wokingham United
Charites|R|Micro Grant Coordinator|-|4,167|4,167|-|
|Garfeld Weston|R||-|20,000|1,667|18,333|
|Earley Trust|R||-|3,000|-|3,000|
|Van donaton|UR||-|6,000|-|6,000|
|**Other funds**|**U**|**All other income and expenditure**|**30,782**|**122,145**|**135,803**|**17,124**|
|**Total Funds**|||**30,782**|**283,831**|**270,155**|**44,457**|
Charity Registration Number: 1181550
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## Notes to the Financial Accounts
## **15. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES**
15.1 Trustee remuneration and benefits
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
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True
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## 15.2 Trustees’ expenses
**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter “False”.**
No trustee expenses have been incurred (True or False)
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True
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15.3 Transaction(s) with related parties
**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter ‘true’ in the box provided.**
There have been no related party transactions in the reporting period (True or False)
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True
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## Structure Governance and Management
The Cowshed is a Charitable Incorporated organisation and as such is governed in line with the Foundation Constitution. All trustees are voluntary and are appointed via a selection process and approval by the Board of Trustees in accordance with the constitution.
## **DECLARATIONS**
The Trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Date: 16th November 2022
Signature:
Signature:
Name: Kester John Russell Position: Chair of Trustees
Name: Abbie Walker Position: Finance Trustee
The Cowshed | Annual Report & Accounts 2021 - 22
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THE COWSHED
PROM
CRAIT A T THI COIJ5HID
BRAS
THE COWSHED
THE COWSHED
Cty RegIstrotn Nwnber. 1781550
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The Annexe Hurst Grove | Sandford Lane | RG10 0SQ Tel: 0118 934 5120 | Email: info@thecowshed.org | www.thecowshed.org Visit our website and social media for more info on our other initiatives. **@CowshedCharity**
Registered Charity No. 1181550The Cowshed | Annual Report & Accounts 2021 - 22
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