Unaudited Financial Statements for the Year Ended 31 January 2024
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 2024
| 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 2024
REGISTERED CHARITY: 1188081 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
Financial Statements
for the Year Ended 31 January 2024
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
Trading and Profit and Loss Account for the Year Ended 31 January 2024
| 31.1.24 £ Income Gift Aid 1,657 Sales 11,038 Donations 9,050 Bank apology 100 Grants 3,013 Cost of sales Purchases 4,046 Purchases for resale 685 GROSS PROFIT Other income Government grants Expenditure Rent 3,960 Insurance 458 Light and heat 1,007 Wages 2,600 Self employed staff 3,960 Telephone 105 Post and stationery 138 Motor expenses 3,041 Repairs and renewals 2,747 Household, cleaning & uniform 471 Food - entertainment 60 Sundry expenses 13 Training 14 Volunteer expenses 2,378 Community Meal 463 Donations 109 Depreciation Fixtures and fittings 153 Computer equipment 46 SURPLUS INCOME OVER EXPENDITURE/(DEFICIT) |
£ 24,858 4,731 20,127 - 20,127 21,524 (1,397) 199 (1,596) |
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 - 62 |
£ 16,012 4,286 11,726 3,000 14,726 12,542 2,184 62 2,122 |
|---|---|---|---|
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Free Food in Sandown & the Isle of Wight
Balance Sheet
| 31 January 2024 Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS Bank account no. 1 Cash in hand CURRENT LIABILITIES Accrued expenses NET ASSETS FINANCED BY CAPITAL ACCOUNT 2 |
31.1.24 £ 14,601 31 14,632 (1) |
£ 1,005 14,633 15,638 15,638 |
31.1.23 £ 17,049 - 17,049 1 |
£ 186 17,048 17,234 17,234 |
|---|---|---|---|---|
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Free Food in Sandown & the Isle of Wight
Notes to the Financial Statements
for the Year Ended 31 January 2024
1. TANGIBLE FIXED ASSETS
| COST At 1 February 2023 Additions At 31 January 2024 DEPRECIATION At 1 February 2023 Charge for year At 31 January 2024 NET BOOK VALUE At 31 January 2024 At 31 January 2023 2. CAPITAL ACCOUNT Brought forward Add Surplus income over expenditure Capital introduced Less Deficit balance expenditure over income |
Fixtures and Computer fittings equipment £ £ - 330 1,019 - 1,019 330 - 144 153 47 153 191 866 139 - 186 31.1.24 31.1.23 £ £ £ 17,234 15,071 - 2,122 - 41 17,234 17,234 1,596 - 15,638 15,638 |
Totals £ 330 1,019 1,349 144 200 344 1,005 186 £ 17,234 17,234 |
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