FREE FOOD IN THE BAY A.G.M
09/06/2022 12.30 PM
Present: Dorothy Perrett Wendy Lillington Patricia Whitehead Amber Jones
Accounts verified and approved by Trustees.
Dorothy Perrett was asked to leave the room to enable a discussion between the remaining trustees.
Due to a change in circumstances, there is now a lot of pressure for Dott, which results in a lot of out of hours services - applying for funding , emails etc.
On that basis the 2 existing and 1 new trustees have decided funding for secretarial services of £50 per week for out of hours services, backdated to 1[st] April.
Amber Jones will contact charities commission for confirmation of what is required.
Dorothy Perrett returned to the meeting.
All messages will be sent by email in the future to avoid messages being missed.
Any trustee can bring up for discussion anything which may improve the running of the charity
Amber Jones will investigate funding opportunities.
Meeting closed at 13.15
Unaudited Financial Statements for the Year Ended 31 January 2022
for
Free Food in Sandown & the Isle of Wight
Free Food in Sandown & the Isle of Wight
Contents of the Financial Statements for the Year Ended 31 January 2022
| Page | |
|---|---|
| General Information | 1 |
| Accountants' Report and Client Approval Certificate | 2 |
| Income and Expenditure Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
Free Food in Sandown & the Isle of Wight
General Information
for the Year Ended 31[st] January 2022
CHAIR: Dave Simpson TRUSTEES: Laura Flemming Gary Bloomfield Frank Newnham ADDRESS: c/o Flat 2 14 Station Avenue Sandown Isle of Wight PO36 9BN ACCOUNTANTS: Allegri & Co. 16c Sandown Road Lake Isle of Wight PO36 9JP BANK: Barclays Southampton REGISTERED CHARITY: 1188081
Page 1
Financial Statements
for the Year Ended 31 January 2022
Accountants' Report to
Free Food in Sandown & the Isle of Wight
In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Free Food in Sandown & the Isle of Wight and from information and explanations supplied to us.
Allegri & Co. 16c Sandown Road Lake Isle of Wight PO36 9JP
Date: .............................................
....................................................... Selina Powder FMAAT
Client Approval Certificate
I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.
........................................................................ D Simpson
Date: .............................................
Page 2
Free Food in Sandown & the Isle of Wight
Income and Expenditure Account for the Year Ended 31 January 2022
| Income DIDDI donation Sales Donations Bank apology Cost of sales Food, toiletries etc Purchases Purchases for resale GROSS PROFIT Other income Government grants Expenditure Rent Insurance Light and heat Telephone Post and stationery Motor expenses Repairs and renewals Household and cleaning Sundry expenses Volunteer expenses Training Depreciation Computer equipment SURPLUS INCOME OVER EXPENDITURE |
Year Ended 31.1.22 £ - 5,903 5,156 - 4,322 158 4,110 447 585 335 59 2,159 1,608 22 99 1490 **32 ** |
£ 11,059 4,480 6,579 7,010 13,589 10,946 2,643 82 **2,561 ** |
Period 20.2.20 to 31.1.21 £ £ 1,382 2,990 6,140 100 10,612 3,179 - 3,179 7,433 10,000 17,433 960 - 120 110 30 1,797 1,841 46 83 - 4,987 12,446 - 12,446 |
|---|---|---|---|
Page 3
Free Food in Sandown & the Isle of Wight
| Balance Sheet 31 January 2022 Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS Bank account no. 1 Cash in hand CURRENT LIABILITIES Accrued expenses NET ASSETS RESERVES 2 |
31.1.22 £ 14,815 8 14,823 - |
£ 248 14,823 15,071 15,071 |
31.1.21 £ 12,416 30 12,446 - |
£ - 12,446 12,446 12,446 |
|---|---|---|---|---|
Page 4
Free Food in Sandown & the Isle of Wight
Notes to the Financial Statements
for the Year Ended 31 January 2022
1. TANGIBLE FIXED ASSETS
| COST Additions At 31 January 2022 DEPRECIATION Charge for year At 31 January 2022 NET BOOK VALUE At 31 January 2022 2. CAPITAL ACCOUNT Brought forward Add Surplus income over expenditure Capital introduced |
31.1.22 £ 12,446 2,561 **64 ** |
£ 15,071 15,071 |
Computer equipment £ 330 330 82 82 248 31.1.21 £ £ - 12,446 - 12,446 12,446 |
|---|---|---|---|
Page 5