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