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Charity number 1183129
Annual Report and Financial Statements
for the year ended 31 March 2022
Pass on Preloved Items
Annual Report and Financial Statements for the year ended 31 March 2022
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Receipts and payments account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6 to 7 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Trustees' report for the year ended 31 March 2022
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Samantha Craven Chair Ann Whitaker Fiona Evans Resigned 29 July 2021 Laura Mitcham Appointed 22 May 2021 Rachel Le Pelley Appointed 22 May 2021
Charity number
The charity was registered with the Charity Commission for England and Wales, number 1183129, on 25 April 2019.
Principal address
Bankers
St Marks Church Hall Santander UK plc 64 Green Head Road Bridle Road Keighley Bootle BD20 6ED L30 4GB
Accountants
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) formed on 25 April 2019 and is governed by a constitution.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
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Trustees' report (continued) for the year ended 31 March 2022
Objectives and activities
The charity's objects
The prevention or relief of poverty in Keighley and the surrounding areas by providing items to families in need and/or charities, or other organisations working to prevent or relieve poverty.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the prevention or relief of poverty.
Achievements and performance
POPI has helped a total of 468 vulnerable families over this financial year, providing over 2,092 items in total. Demand for our service is increasing all the time due to the cost of living becoming unaffordable for many families and also the recent arrival of refugees from Ukraine.
Financial review
The net receipts for the year were £1,677, including net receipts of £2,649 on unrestricted funds and net payments of £972 on restricted funds.
Despite challenging conditions caused by the ongoing Covid-19 pandemic, our financial position remains strong as we end the financial year. We hold just over £11.5k in our bank account as a result of a number of recent unexpected donations. However we are experiencing an increase in referrals as a result of the current cost of living crisis and we expect this to increase further over the coming months. Maintaining a strong position means that we are able to move forward with confidence into our next financial year.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £11,433.
We have agreed a reserves policy of £7,000 to be kept on deposit which equates to approximately one years running costs.
We are currently holding more than this due to a number of unexpected donations. However we may need to move to larger premises in the near future which is likely to increase our accommodation costs.
Signed on behalf of the board of trustees on 28/9/2022
Ann Whitaker (Trustee)
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Receipts and payments account for the year ended 31 March 2022
| Notes 2022 Unrestricted funds £ Receipts Grants and donations (2) 9,649 Fundraising 718 Total receipts 10,367 Payments Rent and rates 3,906 Cots and mattresses 1,176 Safety Gates 1,142 Costa Vouchers - Items for Families 621 Pamper packs - Stationery 20 Cleaning and sundries 347 Insurance 187 Website 108 Consultancy - Accountancy 210 Christmas PJs 1 Total payments 7,718 2,649 Fund balances brought forward 8,784 Fund balances carried forward (3) 11,433 Net receipts / (payments) |
2022 Restricted funds £ 1,853 542 2,395 - 595 837 - - 514 - - - 650 350 - 421 3,367 (972) 1,051 79 |
2022 Total funds £ 11,502 1,260 12,762 3,906 1,771 1,979 - 621 514 20 347 187 758 350 210 422 11,085 1,677 9,835 11,512 |
2021 Total funds £ 7,058 2,060 9,118 3,573 2,646 1,290 100 1,154 109 7 332 230 650 350 - - 10,441 (1,323) 11,158 9,835 |
|---|---|---|---|
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Statement of assets and liabilities
| as at 31 March 2022 2022 Unrestricted £ Cash funds Cash at bank 11,433 Total cash funds 11,433 Other monetary assets Prepaid insurance Liabilities Accountancy |
2022 Restricted £ 79 79 |
2022 Total £ 11,512 11,512 £ 156 156 £ 240 240 |
2021 Total £ 9,835 9,835 |
|---|---|---|---|
Approval of the accounts
The financial statements were approved by the board of trustees on 28/9/2022
Ann Whitaker (Trustee)
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Notes to the accounts
for the year ended 31 March 2022
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Notes to the accounts continued
for the year ended 31 March 2022
| **2 ** | Grants and donations | 2022 | 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| £ | £ | £ | £ | |||||
| Bradford Metropolitan District | Council | - | - | - | 2,000 | |||
| The Craven Trust | - | 1,432 | 1,432 | - | ||||
| Donations | 9,649 | 421 | 10,070 | 5,058 | ||||
| 9,649 | 1,853 | 11,502 | 7,058 | |||||
| **3 ** | Restricted funds | Balance b/f | Receipts | Payments | Transfers | Balance c/f | ||
| Transformation Programme | £ 1,000 |
£ - |
£ 1,000 |
£ - |
£ - |
|||
| Pamper Packs | 51 | 542 | 514 | - | 79 | |||
| The Craven Trust | - | 1,432 | 1,432 | - | - | |||
| Christmas PJs | - | 421 | 421 | - | - | |||
| 1,051 | 2,395 | 3,367 | - | 79 | ||||
| Fund name | Purpose of restriction | |||||||
| Transformation Programme | To support the development of both a website and system for | measuring | ||||||
| outcomes and impact. | ||||||||
| Pamper Packs | Restricted donations to be used to purchase items for pamper | packs. | ||||||
| The Craven Trust | Towards the cost of cot bed mattresses and safety gates | |||||||
| Christmas PJs | Restricted donations to be used to purchase Christmas pyjamas. |
4 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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