Unaudited Financial Statements for the Year Ended 31 January 2025
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 2025
| Page | |
|---|---|
| General Information | 1 |
| Accountants' Report and Client Approval Certificate | 2 |
| Trading and Profit and Loss 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 2025
| REGISTERED CHARITY: | 1188081 |
|---|---|
| CHAIR: | Dorothy Perrett |
| TRUSTEES: | Jacqueline Crawley |
| Ann Middleton | |
| Patricia Whitehead | |
| Amber Jones | |
| ADDRESS: | 29 Sandown Road |
| Lake | |
| Isle of Wight | |
| PO36 9JL | |
| ACCOUNTANTS: | Allegri & Co. |
| 16c Sandown Road | |
| Lake | |
| Isle of Wight | |
| PO36 9JP | |
| BANK: | Lloyds Bank |
Page 1
Financial Statements
for the Year Ended 31 January 2025
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: 29[th] April 2025
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 2025
| Income Gift Aid Sales Donations Bank apology Grants Cost of sales Purchases Purchases for resale GROSS PROFIT Other income Deposit account interest Expenditure Rent Insurance Light and heat Wages Self-employed staff Telephone & volunteers int'net Post and stationery Advertising Motor & travel expenses Isle of Wight County Council Repairs and renewals Household, cleaning & uniform Food - entertainment Sundry expenses Training Volunteer expenses Community Meal Donations Depreciation Fixtures and fittings Computer equipment NET PROFIT/(LOSS) |
31.1.25 £ 968 13,740 7,771 - 11,500 2,655 543 3,960 807 2,098 2,550 6,113 965 311 99 4,305 74 1,292 601 40 13 41 - - 65 129 35 |
£ 33,979 3,198 30,781 158 30,939 23,334 7,605 164 7,441 |
31.1.24 £ 1,657 11,038 9,050 100 3,013 4,046 685 3,960 458 1,007 2,600 3,960 105 138 - 3,041 - 2,747 471 60 13 14 2,378 463 109 153 46 |
£ 24,858 4,731 20,127 - 20,127 21,524 (1,397) 199 (1,596) |
|---|---|---|---|---|
Page 3
Free Food in Sandown & the Isle of Wight
Balance Sheet 31 January 2025
| Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS Bank account no. 1 Bank account no. 2 Cash in hand CURRENT LIABILITIES Accrued expenses NET ASSETS FINANCED BY CAPITAL ACCOUNT 2 |
31.1.25 12,166 10,000 72 22,238 - |
£ 841 22,238 23,079 23,079 |
31.1.24 £ 14,601 - 31 14,632 (1) |
£ 1,005 14,633 |
|---|---|---|---|---|
| 15,638 | ||||
| 15,638 |
Page 4
Free Food in Sandown & the Isle of Wight
Notes to the Financial Statements for the Year Ended 31 January 2025
1. TANGIBLE FIXED ASSETS
| COST At 1 February 2024 and 31 January 2025 DEPRECIATION At 1 February 2024 Charge for year At 31 January 2025 NET BOOK VALUE At 31 January 2025 At 31 January 2024 2. CAPITAL ACCOUNT Brought forward Add Net profit Less Net loss |
Fixtures and Computer fittings equipment £ £ 1,019 330 153 191 129 35 282 226 737 104 866 139 31.1.25 31.1.24 £ £ £ 17,234 17,234 7,441 - 24,675 17,234 - 1,596 24,675 24,675 |
Totals £ 1,349 344 164 508 841 1,005 £ 15,638 15,638 |
|---|---|---|
Page 5