**SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
**Company Registration Number: 11911645 Charity Number: 1185044**
**DEBÉRE LIMITED**
Chartered Accountants Swallow House Parsons Road Washington Tyne and Wear NE37 1EZ
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
|**CONTENTS**|**PAGES**|
|---|---|
|Officers and professional advisers|1|
|Trustees’ annual report|2 to 5|
|Independent examiner’s report|6 to 7|
|Statement of financial activities|8|
|Balance sheet|9 - 10|
|Notes to the financial statements|11 - 18|
**SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
**MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS**
## **YEAR ENDED 31 MARCH 2021**
|**The board of trustees**|Mr J Barlow (resigned 12 June 2021)|
|---|---|
||Mrs C A Barlow|
||Mr P Gowland|
|**Registered office**|c/o Debére Limited|
||Swallow House|
||Parsons House|
||Washington|
||Tyne and Wear|
||NE37 1EZ|
|**Accountants**|Debére Limited|
||Chartered Accountants|
||Swallow House|
||Parsons House|
||Washington|
||Tyne and Wear|
||NE37 1EZ|
|**Bankers**|Clydesdale Bank plc|
||82 English Street|
||Carlisle|
||CA3 8HP|
- 1 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED REPORT OF THE TRUSTEES**
## **YEAR ENDED 31 MARCH 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees confirm that the annual report and financial statements of the company comply with the current statutory requirements, the requirements of the company’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity has the following charitable objectives:
The relief of poverty among people living or working in Sunderland, and its surrounding areas by:
- Providing such persons with
- (a) goods, services and food which they could not otherwise afford through lack of means; and
- (b) information, advice and guidance; and
- Any other charitable means as the trustees think fit (in accordance with the laws of England and wales).
## **Governing document**
The charity is governed by its Articles of Association.
## **Method of appointment or election of the trustees**
The trustees of the charity are also it’s directors. Information on the appointment of directors can be found in the company’s Articles of Association.
## **Policies adopted for the induction and training of trustees**
Training and induction are available for all new trustees. During the induction process, they are informed as to their duties and responsibilities. Any request from a trustee for training is considered by the Board of Sunderland Community Soup Kitchen Limited.
## **Organisation**
As at 31 March 2021 Sunderland Community Soup Kitchen Limited has a Board of Trustees of 4 members.
The board of trustees during the year are as follows:
Mr J Barlow – resigned 12 June 2021 Mrs C A Barlow Mr D K Crouch – resigned 20 November 2020 Mr P Gowland
## **Public benefit**
The charity’s objective and principal activity is to provide assistance to the homeless and hungry, and not just the hungry homeless. Food poverty affects many other members of society, and this we seek to address.
In setting objectives and planning for activities, the trustees have given due consideration to the general guidance given by the Charity Commission relating to public benefit.
- 2 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **REPORT OF THE TRUSTEES** _(continued)_
## **YEAR ENDED 31 MARCH 2021**
## **Volunteers**
The charity is run mainly by volunteers.
## **ACHIEVEMENTS AND PERFORMANCE**
Since Sunderland Community Soup Kitchen began serving food on 15 July 2019, we have provided hot healthy meals, food parcels, free clothing, and free household items to those in need. Thanks to our donors and dedicated volunteers we have been able to continue our services throughout the COVID-19 Pandemic, while strictly adhering to Government guidelines.
Due to COVID-19, our daily food provision was temporarily suspended, and replaced with a home delivery service 4 times a week. This allowed us to continue to offer food, essentials and emotional support to our most vulnerable individuals and families. We also introduced a weekly check in service via text message, offering any additional support our guests required.
Over the last 12 months, we have introduced a programme that provides household goods, including furniture, bedding, towels, and home starter packs, to allow our guests to furnish their new accommodation and create a safe space that they can call home. Plus, our partnership with the charity ‘Shelter’ continues, allowing us to provide clothing free of charge.
We have also collaborated with other charities and organisations, to provide additional support to our guests, including: human trafficking, domestic violence and abuse, mental health, and refugees and asylum seekers. We have also worked alongside local hostels and schools, and worked closely with Sunderland City Council around homelessness and food issues.
Our Hendon unit has also remained open, allowing us to store food and other essentials so we can continue to provide food parcels, warm clothing, sleeping bags and furniture. Finally, work on our community allotment is still underway, enabling us to grow fresh organic produce which can be used in our kitchen, and support families to encourage healthy eating.
Despite our food service only beginning in July 2019, it soon became apparent that the demand for our services required permanent premises to continue our offering and to expand our activities. Therefore, in July 2020 we took on a 5-year lease for our new rented premises named ‘Albert’s Place’ in High Street West, ideally located between the town centre and one of the more deprived areas of the city.
Work immediately began at Albert’s Place, converting the premises into a commercial kitchen, and in December 2020 the kitchen was ready, allowing us to prepare over 300 Christmas Dinners which were distributed on Christmas Day by our volunteers. In addition, we supplied the ingredients for 60 Christmas lunches, which were packed into hampers and distributed to families identified as living in hardship. Christmas gifts were also given to our guests and families, including handmade cards, toys, and gift vouchers.
Then in January 2021, we opened our doors at Albert’s place and began our Free Food Service, offering take away hot meals. While COVID-19 has prevented us from fully utilising our new premises, we have taken this time to liaise with organisations and professionals to develop additional services as outlined in the ‘Subsequent Development and Future Plans’ section.
We could not complete this review of our activities without thanking everyone involved. A special thanks go to the benefactors both corporate and individual without whose donations we could not have continued, nor opened Albert’s Place; to the local supermarkets, shops, and restaurants who have continued to provide bread and produce during the COVID-19 pandemic; and last but by no means least to our incredibly hardworking volunteers and staff, who’s energy and commitment are immeasurable.
- 3 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **REPORT OF THE TRUSTEES** _(continued)_
## **YEAR ENDED 31 MARCH 2021**
## **FINANCIAL REVIEW**
Our total income was £188,511 (£10,000 of which is restricted), with total expenditure of £72,305 (£920 of which is restricted). In addition to monetary donations the charity received many donations in kind of food and clothing, no estimate of their value has been included in these accounts. As at 31 March 2021 restricted funds are £9,427 (2020: £347) and unrestricted funds are £117,371 (2020: £10,245).
## **Investment Policy**
Aside from retaining prudent amounts in funds each year, most of the charitable company’s funds are to be spent in the short term, so there are few opportunities for long-term investment. Where cash flow allows, funds are held in short term deposit accounts in order to maximise interest receivable.
## **Risk Policy**
The Trustees review risks on a regular cycle. Internal control risks are minimised by the implementation of policies and procedures to ensure compliance with accountancy procedures, employment law, health and safety, equality, diversity and inclusion. The policies are updated on a rolling programme to ensure they meet with the charities needs and compliance regulations.
## **Reserves Policy**
The Trustees have reviewed the Charity reserves requirements in accordance with guidelines issued by the Charity Commission for England & Wales. The current financial climate reflects a very competitive marketplace for the bidding of funding and grants. The Trustees are therefore mindful to retain such reserves as to meet all day to day running costs of the Charity. The Trustees monitor the Charity’s reserves on a regular basis.
## **SUBSEQUENT DEVELOPMENT AND FUTURE PLANS**
Since the Soup Kitchen began, we have seen an increased need for other provisions, which led us to develop the programmes outlined in our Review of Activities and formalise further plans as detailed below.
Following requests from our guests for advice on accommodation and available benefits, we are currently finalising plans for professional service drop-in sessions and a pop-up support café at Albert’s Place. The sessions will be run by experienced professional volunteers.
In addition, many of our guests have reported difficulties in accessing healthcare, as a result plans are underway for our SCSK Health Hub. We have recruited healthcare professionals including a dentist, podiatrist, Nurse Practitioner, as well as a hairdresser and beautician. All individuals have offered to work voluntarily and will provide services to benefit the physical and mental health for our guests.
In order to meet the increasing demand for our daily food provision, as well as our new planned services, we will continue to recruit and fully train additional volunteers.
- 4 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **REPORT OF THE TRUSTEES** _(continued)_
## **YEAR ENDED 31 MARCH 2021**
## **TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS**
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity for the financial year. In preparing those financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act. It is also their responsibility to safeguard the Assets of the company and hence to take reasonable steps to prevent and detect fraud and other irregularities.
## **SMALL COMPANY PROVISIONS**
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
## **INDEPENDENT EXAMINER**
Claire Miller of Debére Limited has offered herself for reappointment as Independent Examiner at the Annual General Meeting.
Approved by the trustees on 13 December 2021 and signed on its behalf by
Mrs C A Barlow Trustee
- 5 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **YEAR ENDED 31 MARCH 2021**
I report on the accounts of the company for the year ended 31 March 2021, which are set out on pages 8 to 18.
This report is made solely to the charity’s trustees, as a body in accordance with Section 145 of the Charities Act 2011. My examination work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for my examination work, for this report, or the opinions I have formed.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The 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. The charity’s gross income exceeded £50,000 and I am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, 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 Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
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 statement below.
- 6 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **COMPANY LIMITED BY GUARANTEE**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED** _(continued)_
## **YEAR ENDED 31 MARCH 2021**
## **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.
Claire Miller BA (Hons) FCA Independent Examiner
ON BEHALF OF DEBÉRE LIMITED Chartered Accountants
Swallow House Parsons Road Washington Tyne and Wear NE37 1EZ
Date: 13 December 2021
- 7 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2021**
|**Note**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Income and expenditure**
**Income from:**
Donations and legacies
**3**
148,570
–
Charitable activities
**4**
19,941
–
Grant income
10,000
10,000
**Total income**
178,511
10,000
**Expenditure on:**
Charitable activities
**5**
71,385
920
**Total expenditure**
71,385
920
**Net income / (expenditure)**
107,126
9,080
**Transfers**
Gross transfers between funds
–
–
**Net movement in funds**
**6**
107,126
9,080
Total funds brought forward
10,245
347
**Total funds carried forward**
117,371
9,427
|**Total**
**Funds**
**2021**
**£**
148,570
19,941
20,000
188,511
72,305
72,305
116,206
–
116,206
10,592
126,798|**_Total_**
**_Funds_**
**_2020_**
**_£_**
_36,135_
_14,389_
_–_
_50,524_
_39,932_
_39,932_
_10,592_
_–_
_10,592_
_–_
_10,592_|
|---|---|---|
The charitable company has no recognised gains or losses other than the results for the period as set out above.
All of the activities of the charitable company are classed as continuing.
The notes on pages 11 to 18 form part of these financial statements
- 8 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## _Registered Number 11911645_
## **BALANCE SHEET**
## **31 MARCH 2021**
|**Notes**
**Fixed assets**
Tangible assets
**8**
**Current assets**
Debtors
**9**
Cash at bank and in hand
**Creditors:**amounts falling due within one year
**10**
**Net current assets/(liabilities)**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted funds
**11**
Unrestricted funds:
**12**
**Total funds**
**13**|**2021**
**£**
**£**
37,763
6,497
97,691
104,188
(15,153)
89,035
126,798
9,427
117,371
126,798
|**2020**
**£**
_4,596_
_18,555_
_23,151_
_(14,281)_|**£**
_1,722_
_8,870_|
|---|---|---|---|
||||
_10,592_
_347_
_10,245_|
||||
_10,592_|
The notes on pages 11 to 18 form part of these financial statements
- 9 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED** _Registered Number 11911645_
## **BALANCE SHEET**
## **31 MARCH 2021**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)).
For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors/trustees responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors/trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the Board of Directors on 13 December 2021 and signed on their behalf by:
Mrs C A Barlow Trustee
The notes on pages 11 to 18 form part of these financial statements
- 10 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
# **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **1 General information**
The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is c/o Debére Limited, Swallow House, Parsons Road, Washington, Tyne and Wear, NE37 1EZ.
## **2 Statement of compliance**
The financial statements have been prepared in accordance with 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) issued in October 2020, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
## **3**
## **Accounting policies**
The principal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year.
## **Going concern**
The financial statements have been prepared on a going concern basis. The trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. In particular, in response to the COVID-19 pandemic, the trustees have taken into account the impact on their business of possible scenarios brought on by the impact of COVID-19, alongside the measures that they can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.
## **Cash flow statement**
The charity has elected to adopt the exemption from preparing a cash flow statement on the grounds that the charity qualifies as a small charity.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Voluntary income**
Voluntary income received by way of donations is included in the Statement of Financial Activities when received.
## **Incoming resources from charitable activities**
Incoming resources from charitable activities includes core grants, i.e. funding received from the charity’s specific activities. The income is included in the Statement of Financial Activities when received.
## **Interest receivable**
Interest is included when receivable by the charity.
- 11 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **1 Accounting policies** _(continued)_
## **Resources expended**
All expenditure is accounted for on an accruals basis and apportioned over the year to which it relates.
Resources expended on charitable activities include the direct cost of productions and projects. Support costs include central overheads including salaries, premises costs and communication costs, integral to the running of the charity. Governance costs include the costs of meeting constitutional and statutory requirements, and a proportion of central overheads allocated on the basis of estimated usage.
## **Support cost allocation**
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement after allowing for any trade discounts due.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **Fund Accounting**
_Unrestricted funds –_ these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
_Restricted funds –_ these are funds to be used for specific purposes as laid down by the donor. Expenditure which meets those criteria is identified to the fund, together with a fair allocation of overheads and support costs.
- 12 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **1 Accounting policies** _(continued)_
## **Tangible fixed assets and depreciation**
Fixed assets are stated at cost less depreciation.
Depreciation is provided on fixed assets at the following rates which are expected to write off the assets over their useful lives:
Plant and machinery - 25% reducing balance Computer equipment - 33% straight line Fixtures & Fittings - 20% reducing balance
## **Operating lease agreements**
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against surplus/deficit on a straight line basis over the period of the lease.
## **2 Statement of Financial Activities for the prior year**
|**Note**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**_Income and expenditure_**
**_Income from:_**
_Donations and legacies_
**3**
35,685
450
_Charitable activities_
**4**
14,389
–
**_Total income_**
50,074
450
**_Expenditure on:_**
_Charitable activities_
**5**
39,829
103
**_Total expenditure_**
39,829
103
**_Net income / (expenditure)_**
10,245
347
**_Transfers_**
_Gross transfers between funds_
–
–
**_Net movement in funds_**
**6**
10,245
347
_Total funds brought forward_
–
–
**_Total funds carried forward_**
10,245
347
|**Total**
**Funds**
**2020**
**£**
36,135
14,389
50,524
39,932
39,932
10,592
–
10,592
–
10,592|
|---|---|
- 13 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **3 Donations and legacies**
|Donations
Gifts in Kind|**2021**
**£**
148,570
–
148,570
|**2020**
**£**
_35,685_
_450_
_36,135_|
|---|---|---|
## **4 Charitable activities**
|Rental income
Valentines Ball
Furniture sales
Roker Roar
Fundraising
Car Boot sales|**2021**
**£**
–
–
–
–
14,967
4,974
19,941|**2020**
**£**
_2,700_
_2,100_
_255_
_9,334_
–
–
_14,389_|
|---|---|---|
- 14 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **5 Charitable activities**
|**Activities**
**undertaken**
**Support**
**Governance**
**directly**
**Depreciation**
*****
**Costs**
**Costs**
**£**
**£**
**£**
**£**
**Charitable activities:**
General
17,333
3,042
50,763
1,080
Gifts in Kind
–
87
–
–
17,333
3,129
50,763
1,080
|**2021**
**£**
72,218
87
72,305|**2020**
**£**
39,829
103
39,932
|
|---|---|---|
* Depreciation charge of £920 relates to restricted expenditure. All of the remaining costs relate to unrestricted expenditure.
## **Governance costs are made up as follows:**
|**2021**
**£**
Accountancy costs
420
Independent examination
660
1,080
**Direct costs are made up as follows:**
**2021**
**£**
Food and toiletries
13,899
Packaging
1,715
Kitchen utensils
1,719
17,333||
|---|---|
- 15 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **6 Net movement in funds**
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|This is stated after charging:|||
|Independent examination|660|_660_|
|Depreciation|3,129|_457_|
## **7 Taxation**
The charitable company is exempt from corporation tax on its charitable activities.
## **8 Tangible fixed assets**
|**Plant and**
**Machinery**
**Computer**
**Equipment**
**£**
**£**
**Cost:**
At 1 April 2020
2,069
110
Additions
–
150
Disposals
–
–
At 31 March 2021
2,069
260
**Depreciation:**
At 1 April 2020
454
3
Charge for the year
404
69
On disposals
–
–
At 31 March 2021
858
72
**Net book value:**
At 31 March 2021
1,211
188
At 31 March 2020
_1,615_
_107_
**ebtors**
Other debtors
Prepayments and accrued income|**Fixtures &**
**Fittings**
**£**
–
39,020
–
39,020
–
2,656
–
2,656
36,364
_–_
**2021**
**£**
18
6,479
6,497
|**Total**
**£**
2,179
39,170
–
41,349
457
3,129
–
3,586
37,763
_1,722_
**2020**
**£**
_18_
_4,578_
_4,596_|**Total**
**£**
2,179
39,170
–
41,349
457
3,129
–
3,586
37,763
_1,722_
**2020**
**£**
_18_
_4,578_
_4,596_|
|---|---|---|---|
|||||
|||||
## **9 Debtors**
- 16 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **10 Creditors: amounts falling due within one year**
|Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors|**2021**
**£**
6,041
1,080
311
7,721
15,153
|**2020**
**£**
_2,809_
_1,472_
_–_
_10,000_
_14,281_|
|---|---|---|
## **11 Restricted funds**
|**estricted funds**||||||
|---|---|---|---|---|---|
||**_Balance at_**|||**Transfers**|**Balance at**|
||**_1 April_**|**Incoming**|**Outgoing**|**Between**|**31 Mar**|
||**_2020_**|**Resources**|**Resources**|**Funds**|**2021**|
|||**£**|**£**|**£**|**£**|
|Sir Tom Cowie|–|10,000|(833)|–|9,167|
|Gifts in Kind|_347_|–|(87)|–|260|
||_347_|10,000|(920)|–|9,427|
Gifts in Kind – this is a donated asset. This fund is being reduced each year by the depreciation charge. The capital balance carried forward is £260.
Sir Tom Cowie – this grant paid towards the cost of equipping the kitchen.
## _**For the year ended 31 March 2020:**_
|||||**Transfers**|**Balance at**|
|---|---|---|---|---|---|
|||**Incoming**|**Outgoing**|**Between**|**31 Mar**|
|||**Resources**|
**Resources**|**Funds**|**2020**|
|||**£**|**£**|**£**|**£**|
|Gifts in Kind||450|(103)|–|347|
|**Unrestricted fund**||||||
|||||**Transfers**||
||**_Balance at_**|**Incoming**|**Outgoing**|**Between**|**Balance at**|
||**_1 April 2020_**|**Resources**|**Resources**|**Funds**|**31 Mar 2021**|
|||**£**|**£**|**£**|**£**|
|General fund|_10,245_|178,511|(71,385)|–|117,371|
|**_For the year ended 31 March 2020:_**||||||
|||||**Transfers**|**Balance at**|
|||**Incoming**|**Outgoing**|**Between**|**31 Mar 2020**|
|||**Resources**|**Resources**|**Funds**||
|||**£**|**£**|**£**|**£**|
|General fund||50,074|(39,829)|–|10,245|
## **12 Unrestricted fund**
- 17 -
## **SUNDERLAND COMMUNITY SOUP KITCHEN LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **13 Analysis of net assets (between restricted and unrestricted funds)**
|**Tangible fixed**
**assets**
**£**
Restricted funds:
Gifts in Kind
260
Sir Tom Cowie
9,167
9,427
General unrestricted fund
28,336
37,763
**_or the year ended 31 March 2020:_**
**Tangible fixed**
**assets**
**£**
Restricted funds:
Gifts in Kind
347
347
General unrestricted fund
1,375
1,722|**Other net**
**Assets**
**£**
–
–
–
89,035
89,035
**Other net**
**Assets**
**£**
–
–
8,870
8,870|**Total**
**£**
260
9,167
9,427
117,371
126,798
**Total**
**£**
347
347
10,245
10,592|
|---|---|---|
## _**For the year ended 31 March 2020:**_
## **14 Commitments under operating leases**
At 31 March 2021 the total future minimum lease payments under non-cancellable operating leases are as follows:
|Less than one year
Between 2 and 5 years
After more than five years|**2021**
**£**
23,580
50,200
_–_
73,780|**2020**
**£**
_17,930_
_58,030_
_–_
_75,960_|
|---|---|---|
## **15 Company limited by guarantee**
The company is limited by guarantee and has no share capital. In the event of a winding up, every member undertakes to contribute such an amount as may be required for the payment of liabilities not exceeding a total of £1 each.
- 18 -