SA1UTE – 1187954 38-39 CASTLE ST, SWANSEA, SA1 1HZ.
STATEMENT OF SA1UTE 2024 -2025.
During this period the charity remained in a local and simply run position. It continued to benefit from free use 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 operations 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.
The charity offers itself to other charities as a support hub for any referrals. If a charity wishes to use our facilities or services they can get in touch. They also send individuals and groups down for support and also to utilise our free cycle service.
This year saw a continued focus towards bicycle support. We held bicycles and equipment to continue 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 duties. This again allows an easing of pressure on fundraising during difficult times 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.
The winter period saw us receive a grant from the National Grid to run a ‘warm space’, similar to the year before. We utilise this to keep the heating and lights on and provide hot drinks and snacks free of charge, along with a safe space with no commitment to purchase anything or be pressured to leave.
The latter part of the period witnessed a transitional phase, where a different management came in to the running of the café venue at 38-39 Castle Street. Although it is still under lease to Lee West there will be a break clause in 2026 and a full review of the arrangement will be conducted. Discussions have been held with an established local veterans charity with regard to merging/incorporating SA1UTE and what that would look like.
Lee West
SA1UTE – 1187954 38-39 CASTLE ST, SWANSEA, SA1 1HZ.
Chairman Trustee.
| Profit and Loss | |||||
|---|---|---|---|---|---|
| SA1UTE 1187954 | |||||
| SA1UTE | Total | ||||
| 24/25 | |||||
| Income | |||||
| DONATIONS | £1,911.75 | £1,911.75 | |||
| GRANTS | £5,000.00 | £5,000.00 | |||
| Total Income | £6,911.75 | £6,911.75 | |||
| Less Cost of Sales | |||||
| EQUIPMENT / TOOLS | £696.50 | £696.50 | |||
| TRAINING COURSES | £0.00 | ||||
| STOCK | £1,165.62 | ||||
| £0.00 | |||||
| £0.00 | |||||
| £0.00 | |||||
| £0.00 | £0.00 | ||||
| £0.00 | £0.00 | ||||
| £0.00 | £0.00 | ||||
| Total Cost of Sales | £1,862.12 | £1,862.12 | |||
| Gross Profit | £5,049.63 | £5,049.63 | |||
| GP% | 73.06% | 73.06% | |||
| Less Operating Expenses | |||||
| Advertising & Marketing | £0.00 | £0.00 | |||
| Bank Fees and interest | £0.00 | £0.00 | |||
| 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 | £0.00 | £0.00 | |||
| 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, Utilities | £3,918.36 | £3,918.36 | |||
| 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 | £280.00 | £280.00 | |||
| Volunteer/Staff Costs | £860.00 | £860.00 |
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| Stationery | £0.00 | £0.00 | |||
|---|---|---|---|---|---|
| Subscriptions | £0.00 | £0.00 | |||
| Telephone & Internet | £0.00 | £0.00 | |||
| Travel - National | £36.84 | £36.84 | |||
| Waste Expense | £0.00 | £0.00 | |||
| Water Rates | £0.00 | £0.00 | |||
| Total Operating Expenses | £5,095.20 | £5,095.20 | |||
| Net Profit | -£45.57 | -£45.57 | |||
| NP % | -0.66% | -0.66% |
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