SA1UTE – 1187954
38-39 CASTLE ST, SWANSEA, SA1 1HZ.
STATEMENT OF SA1UTE 2023 -2024.
of the premises at Castle St. The premises is leased by trustee Lee West for his café business. This allows SA1UTE to operate in an already established café for support events to veterans completely free of charge and in an environment regulated and supervised professionally. No overheads are paid by the charity whatsoever (unless received directly from a grant), which means it’s expenditure is solely focused on operaMons and not for paying anyone or anything to costs normally associated with a working premises. This has been vital for the survival of a fledgling charity that launched straight into the Covid pandemic. Without this support during a period where fundraising was non-existent the charity would have had to cease. It provides an ongoing safety net knowing that even if fundraising and grants are low throughout the months, there is no target to hit for staying afloat. The charity can operate with comfort that it won’t go under because it has zero overheads apart from giving support when required.
wishes to use our faciliMes or services they can get in touch. They also send individuals and groups down for support and also to uMlise our free cycle service.
This year saw a conMnued focus towards bicycle support. We hold bicycles and equipment to conMnue our ‘Psychles’ service. Offering free bike rental to veterans in need. Also fixing up bicycles for those in need. A previous grant allowed us to acquire everything needed and once we had it, we operated with trustee Lee West doing all the work for free as part of his trustee duMes. This again allows an easing of pressure on fundraising during difficult Mmes for the country and economy. Our service has the freedom to operate and support without large amounts of funds. Funds mostly go to equipment, tools, replacement parts, food and drink stock for veteran support events.
Lee West Chairman Trustee.
| Profit and Loss | |||||
|---|---|---|---|---|---|
| SA1UTE 1187954 | |||||
| SA1UTE | Total | ||||
| 2023 | 2024 | ||||
| Income | |||||
| DONATIONS | £1,812.50 | £1,812.50 | |||
| GRANTS | £10,000.00 | £10,000.00 | |||
| Total Income | £11,812.50 | £11,812.50 | |||
| Less Cost of Sales | |||||
| EQUIPMENT / TOOLS | £933.74 | £933.74 | |||
| TRAINING COURSES | £0.00 | ||||
| STOCK | £1,771.39 | ||||
| £0.00 | |||||
| £0.00 | |||||
| £0.00 | |||||
| £0.00 | £0.00 | ||||
| £0.00 | £0.00 | ||||
| £0.00 | £0.00 | ||||
| Total Cost of Sales | £2,705.13 | £2,705.13 | |||
| Gross Profit | £9,107.37 | £9,107.37 | |||
| GP% | 77.10% | 77.10% | |||
| Less Operating Expenses | |||||
| Advertising & Marketing | £0.00 | £0.00 | |||
| Bank Fees and interest | £0.50 | £0.50 | |||
| Business Rates | £0.00 | £0.00 | |||
| Bar Expenses | £0.00 | £0.00 | |||
| Cleaning | £0.00 | £0.00 | |||
| Employers National Insurance | £0.00 | £0.00 | |||
| Entertainment | £0.00 | £0.00 | |||
| Equipment Hire/rental | £0.00 | £0.00 | |||
| General Expenses | £72.56 | £72.56 | |||
| Health & Safety | £0.00 | £0.00 | |||
| Insurance | £0.00 | £0.00 | |||
| Interest HP & Leasing | £0.00 | £0.00 | |||
| IT Software and Consumables | £0.00 | £0.00 | |||
| Legal Expenses | £0.00 | £0.00 | |||
| Light, Power, Heating | £3,000.00 | £3,000.00 | |||
| Motor Vehicle Expenses | £0.00 | £0.00 | |||
| PDQ Charges | £0.00 | £0.00 | |||
| Pensions Costs | £0.00 | £0.00 | |||
| Printing | £0.00 | £0.00 | |||
| Professional fees | £0.00 | £0.00 | |||
| Rates | £0.00 | £0.00 | |||
| Rent | £0.00 | £0.00 | |||
| Repairs & Maintenance | £1,000.00 | £1,000.00 | |||
| Volunteer/Staff Costs | £5,000.00 | £5,000.00 |
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| Stationery | £0.00 | £0.00 | |||
|---|---|---|---|---|---|
| Subscriptions | £0.00 | £0.00 | |||
| Telephone & Internet | £0.00 | £0.00 | |||
| Travel - National | £553.82 | £553.82 | |||
| Waste Expense | £0.00 | £0.00 | |||
| Water Rates | £0.00 | £0.00 | |||
| Total Operating Expenses | £9,626.88 | £9,626.88 | |||
| Net Profit | -£519.51 | -£519.51 | |||
| NP % | -4.40% | -4.40% |
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