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2023-01-31-accounts

Unaudited Financial Statements for the Year Ended 31 January 2023

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 2023

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 January 2023

CHAIR: Dorothy Perrett TRUSTEES: Ann Middleton Amber Jones Patricia Whitehead (Treasurer) ADDRESS: 29 Sandown Road Lake Isle of Wight PO36 9JL ACCOUNTANTS: Allegri & Co. 16c Sandown Road Lake Isle of Wight PO36 9JP BANK: Barclays Southampton

Page 1

1188081Financial Statements

REGISTERED CHARITY:

for the Year Ended 31 January 2023

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.

........................................................................ Ms D Perrett

Date: .............................................

Page 2

Free Food in Sandown & the Isle of Wight

Income and Expenditure Account for the Year Ended 31 January 2023

Income
Sales
Donations
Cost of sales
Purchases
Purchases for resale
GROSS PROFIT
Other income
Government grants
Expenditure
Rent
Insurance
Light and heat
Wages
Telephone
Post and stationery
Motor expenses
Repairs and renewals
Household and cleaning
Sundry expenses
Training
Volunteer expenses
Donations
Depreciation
Computer equipment
SURPLUS INCOME OVER EXPENDITURE
31.1.23
£
8,341
7,671
4,008
278
3,840
455
859
2,000
454
93
3,412
914
60
80
70
280
25
31.1.22
£
£
5,903
5,156
16,012
4,322
158
4,286
11,726
3,000
14,726
4,110
447
585
-
335
59
2,159
1,608
22
99
32
1,490
-
12,542
2,184
62
2,122
£
11,059
4,480
6,579
7,010
13,589
10,946
2,643
82
2,561

Page 3

Free Food in Sandown & the Isle of Wight

Balance Sheet
31
January
2023
Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Bank account no. 1
Cash in hand
CURRENT LIABILITIES
Accrued expenses
NET ASSETS
FINANCED BY
RESERVES
2
31.1.23
£
17,049
-
17,049
1
31.1.22
£
£
186
14,815
9
14,824
1
17,048
17,234
17,234
£
248
14,823
15,071
15,071

Page 4

Free Food in Sandown & the Isle of Wight

Notes to the Financial Statements for the Year Ended 31 January 2023

  1. TANGIBLE FIXED ASSETS
COST
At 1 February 2022
and 31 January 2023
DEPRECIATION
At 1 February 2022
At 31 January 2023
NET BOOK VALUE
At 31 January 2023
At 31 January 2022
CAPITAL ACCOUNT
31.1.23
£
Brought forward
15,071
Add
Surplus income over expenditure
2,122
Capital introduced
41
Computer
equipment
£
330
82
Charge
for
year
6
2
144
186
248
31.1.22
£
£
£
12,446
2,561
64
17,234
15,071
17,234
15,071
  1. CAPITAL ACCOUNT

Page 5