Gears of Goodwill
Charity Number 1186435
Trustees' Report and Unaudited Accounts
01/11/2022 – 31/10/2023
Gears of Goodwill
Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 4 | |
| Independent Examiner's Report | 5 | |
| Profit and Loss Account | 6 | |
| Balance Sheet | 7 |
Page 1
Gears of Goodwill
Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 October, 2023
Charity Number 1186435
Principal Office
Gears of Goodwill 46 South Normanton Derbyshire DE55 2DA
The following trustees served during the year:
Board members/Trustees
| Board members/Trustees | ||
|---|---|---|
| Name | Position | Dates acted (if not for whole year) |
| [Mark P Smith | Chief Executive | 2015 to date |
| Nicola Marson-Smith | Trustee | 2015 to present |
| Michael Bruce | Trustee | Approx. 2018 to date |
| Vacant | Trustee | 31/12/2023 |
Volunteers
| Volunteers | ||
|---|---|---|
| Name | Position | Dates acted (if not for whole year) |
| Jayde Steer | Volunteer | 2015 to date |
| Jonathan Cooke | Volunteer | 2022to date |
| Sarah Tustain | Volunteer | 2023 to date |
| Alan Lindsey | Volunteer | 2023 to date |
| AlanGraves | Volunteer | 2023 to date |
| Carol Frankland | Volunteer | 2022to date |
| John Feve | Volunteer | 2023 to date |
| Karen Lakin | Volunteer | 2022to date |
| Laura Elliott | Volunteer | 2023 to date |
| Luke Sired | Volunteer | 2023 to date |
| LyammJaques | Volunteer | 2021to date |
| Mary Kelly | Volunteer | 2020 to date |
| Richard Medhurst | Volunteer | 2015 to date |
| Richard Smith | Volunteer | 2015 to date |
| Richard Tyler | Volunteer | 2023 to date |
| Sam Hallam | Volunteer | 2019 to date |
| Mark Elliott | Volunteer | 2023 to date |
| Steph Topham | Volunteer | 2023 to date |
| Toby Flint | Volunteer | 2023 to date |
| William Walker | Volunteer | 2024 to date |
Accountants
Brealey and Newbury Accountants 8 High Street Mansfield Woodhouse Mansfield Nottinghamshire NG19 8AN
Page 2
Gears of Goodwill
Trustees Annual Report
STRUCTURE & MANAGEMENT
Gears of Goodwill is registered with the Charity Commission (1186435)
----- Start of picture text -----
Mark P Smith
Chief Exec
Nicola Marson Smith Michael Bruce Vacancy
Trustee Trustee Trustee
Volunteers
----- End of picture text -----
OUR SUPPORTERS
----- Start of picture text -----
Slice of India Coop (South Normanton) Glendair Dentist
(Alfreton)
Donating Meals every week Donating unsold food every
week Donating throughout the
year
The Postmill Centre Barlows Butchers Sainsbury’s
Donating a room every week Donating Meat every week Donating unsold food every
week
The Cross Keys (Swanick)
Food Storage/Freezer
provision/Room for
fundraisers every week
----- End of picture text -----
Page 3
Gears of Goodwill
Trustees Annual Report
OBJECTIVES AND ACTIVITIES
The main aim of the charity is to relieve the needs of homeless persons, or those at risk of homelessness, particularly but not exclusively, in Derbyshire by the provision of food, drink, replacement clothing, sleeping bags, companionship, advice, signposting and practical and emotional support,. More widely to offer mental health support, through self-help groups for those that need it.
ACHIEVEMENTS AND PERFORMANCE
In 2015 Gears of Goodwill was formed, starting with a Facebook group and meeting in a local pub a group of bikers wanted to do something to help others. Gears of Goodwill started feeding the homeless by taking sandwiches to those who we came across. Pretty soon Gears of Goodwill recognised we needed a static base so we agreed with a local business to use their car park to set up stoves etc. to provide hot fresh food to anyone who needs it.
More recently Gears of Goodwill set up a self-help group for men with mental health.
FINANCIAL REVIEW
The accounts for the period 01/11/2022 – 31/10/2023 were presented and compared with the previous year. RIncome is broadly in line with the previous year, clothing costs have increased, whilst motoring costs have decreased. The overall deficit was significantly less than the previous year. I declare, in my capacity of charity trustee, that the trustees have approved the report above and that they have authorised me to sign it on their behalf.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is operated under the rules of its constitution.
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
Mark P Smith Chief Executive 18/07/2024
Page 4
Independent Examiner's Report to the trustees of Gears of Goodwill
I report to the trustees on my examination of the financial statements of Gears of Goodwill for the year ended 31 October, 2023 which comprise the Profit and Loss Account and the Balance Sheet.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
• the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Andrew Brealey
Brealey and Newbury Accountants
8 High Street Mansfield Woodhouse Mansfield Nottinghamshire NG19 8AN
14/05/2024
Page 5
Gears of Goodwill 46 South Street South Normanton Derbyshire DE55 2DA
TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 OCTOBER, 2023
| 2022 | ||||
|---|---|---|---|---|
9,587.43 |
Sales | 10,240.52 | ||
| 2,561.48 | Food, Napkins etc. | 425.18 | ||
| 2,561.48 | 425.18 | |||
| 7,025.95 | Gross Profit | 9,815.34 | ||
| - | Accountancy | 300.00 | ||
| 359.57 | Advertising, Promotion & Entertainment | 767.26 | ||
| - | Cleaning/ bin bags etc. | 142.75 | ||
| 1,254.48 | Clothing | 2,996.84 | ||
| - | Information Technology Maintenance | 71.86 | ||
| 267.08 | Legal, Professional & Insurances | 278.75 | ||
| 7,238.74 | Motor Expenses | 3,972.78 | ||
| - | Printing, Postage & Stationery | 29.57 | ||
| 968.00 | Storage | 1,302.00 | ||
| - | Utensils, Equipment etc. | 719.92 | ||
| 10,087.87 | ||||
| 10,581.73 | ||||
| (3,061.92) | Net Profit / (Loss) | (766.39) |
Page 6
BALANCE SHEET AS AT 31 OCTOBER, 2023
2022
| 2022 | ||||
|---|---|---|---|---|
| 6,718.96 (3,061.92) 3,657.04 - 3,657.04 3,657.04 - 3,657.04 - 3,657.04 3,657.04 - |
Capital Account Mr. M. Smith Balance b/f Add: Net Profit / (Loss) for the Year Less: Drawings Represented By: Current Assets Current Liabilities Accountancy Creditor Excess of Current Assets to Current Liabilities Cash at Bank - Current Account Cash in Hand |
3,190.65 300.00 300.00 3,657.04 (766.39) 2,890.65 - 2,870.65 320.00 |
||
| 2,890.65 | ||||
| 2,890.65 | ||||
| 2,890.65 |
Page 7