## **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