Charlly reglstratlon numbor 1188673 HULL SCRAPSTORE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 HULL SCRAPSTORE LEGAL AND ADMINISTRATIVE INFORMATION Trustegs Rcarr A Bell M Humble J Pullen JAdamson R 8inninglon R Prilchard IAppoinl¢d 4 D￿emb￿r 2023) IAppDinled 4 Decemter 2023) .IAppDinled 15 January20241 ppoinled 4 December 2023). Charlty number 1188673 Principal address Scrapstore DaSrycoatesAvenug Hull East Yorkshire England HU3 5DB Independont examiner Trevor Rackham Rackham's Accountants Llmiled 3 Melton Enteryxise Park Redcllifl Road Melton East Yorf(shlre U14 3RS HULL SCRAPSTORE CONTENTS Trustees, report Independent examir(e¢8 report Statement of financial activities Balance sheet. .Noles to lh8 finanGi¥l slatem8nts 8-16 HULL SCRAPSTORE TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 Tho Irust¢gs proseni Ih•ir annu?1 réport and finan¢ial siatsinenls for Ihg year 8n¢Jod 31 March 2024. Tha financial stsl&ment$ have been proparfjd in ac¢ordan¢9 with the accounting policies set out in note 1 to the finanaal statements and comply with the thartys Igoverning documenll, the Chariti'e5 Act 2011 and 'Aecounling and Reporting by Charits'es., Ststemenl of Recommended PraCt￿e applicable to charitiÈ$ preparing their awounls In accordance wlh the Financial Reporling Slandard applicable in the UK and Republic of I￿land IFRS 1021. (effeGtive 1 January 20191- Ohjectives and activities The Obj￿1$ ofthe CIO ar8.. 11)To ¥dYance arts and crafts in particular.but nol.exclusivety by.. la) Fadlkallng the use e an($ provlsion of recyded, scrap or surplus materials as a creative resource lo adults and chlldren wllh lh8 alm of Improvlng thelr so¢ial welfare and conditions of life., and mental health and wellbeing-, and by Ib) inspiring individual and group creativity for the public benefit and for the benefft of th& gnvironment. {2) To protect and preserve the envTronment for the PLJblic benofil in particular bul not ex¢lusivoly by.. la) Promob'ng re¢yding, use of ￿¢Y¢l¢d products and Ihe us.e of surdus or scrap.. and by Ib)Advan¢ing thè $duGalion of the publlc about waste recycllng and u8e of surplu8 or 8crap. To advance arts and crafts by facil￿atIng the provision of recyded scrap and surplus materials as a creative resource for adults and chlldren wtth the aim of improwng their social welfare and mental health and wellbeirYJ. To facililate Greative art and training workshops for ¢hil¢Jr¢n and adult$ using these materials. To support Ilkerninded artlsts and community groups in the locol area ond beyond Publlc beneflt The ttuslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the tharty Should undertake. AchlgYem6nts and performance" SignifK8nl activitles and 8chleVgn￿nts 8g8inst obieclives Hull SGrapstore CaTne into bein9 in 2019 as a Charstable IncorpDrated Or9anisalion ICIO). It v¥as the 109ical route for development of tho previ¢xJsly registered charfly 'Hull Play Resour￿ Cenlre,. The organlsalion ￿shed lo expand118 services lo a larger cohort and to allow acce5$ to rgusable 8lhi¢al resources to all adults and not solely childr¢n and young people inlere$led in art, play and crealivily. In more recent years it is weil d¢¢umenled that art and crealwity has a posrtive effect on mental health..Hull Scrapslorè's donated resources ensure that we are the 'At8ddin's Cave, of the Hull trealivè Wcirld. Our aim Is to ensure that as many people as possible hove 8cc¢s$ lo a plelhor8 01 affordablo ethical crealwe resourc85. Our workshops gducalg people in their potenllal use. Our buildlng offers room hire lo likeminded individuals and organi5ations. This last financial year has se8n further progress in Hull Scrapstore's alrri of becoming a ￿alIve communty hub accessible lo all with an interest in art, Crafts and Crealivily in general. Finanaally 2023 - 24 h9$ been p￿lIVe. The accourtts show an income figure of £165,817 made up of grants. and sale$ of reswrces and services. DonalSons and Legaeies may seem to be considerably diminished in ￿mpariSOn to the previous year's a¢¢ounts, dtYNn fTom £101,488 10 £10,961. Thl? Is because during 2022- 23 the fin81 part of the Hull Play Resource Centre'5 asseb were transffrrred ov8r lo thè CIO 'Hull Scrapslore,. Thls Icok pla¢0 whilst we continued lo navigate our way through the aftereffecls ol th¢ national pand$mic, taking account of how people'5 ¥hopiing habits and 8cNvltles have changed since the initial lockdowns. We arè also ensuring that we are receptiiie to people's in￿eased openness to all things creative. Thls Is one ol the more posillve effects ol the lockdowns. Al￿g with our conversiDn Irom a ragistered charity lo the CIO Hull Scrapstore, thls has aJlow8d us to opw up and expa.nd our services to adults, whllst still meeting the demands of ouroriginal base ol children and young people. HULL SCRAPSTORE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 In August 2023, to other Gommf(menl* our Char resigned from the committee. We thank him for his work and efforts during his y8ars With our organisation. The three remaining members of the cctmmitlee then held recruilmenl drive lo encourage others lo join the Board. This resulted in f(yJr new member3 lolning during Ihe year. Al have worked, or are Working in very different roles In a mlx of background3. They therefo￿ brln9 a 'varlety ol dlfferent ski118 to Ihe board. and hav¢ a Common Inlere8t end bellef in the work lh* Hull Scrapslore conducts, Hull Scrapstoro'5 R$sour¢ès Manager, is conslanly seeking new supplieTS *or both donaligns of new and different 'scrap' whilst also sourcing new art products al competitive priees. Some of the new c4Jnlrlbutors of scrap include Paragon, cran3￿Ck Foods and )fiola. Part of her role in sourcing new and different resource8 for the store Is attending swaps with other Scrapslores based around the country. During the 12-monlh period covered by this report She allended swaps at Leeds, Nottingham and Shipley. Along wlh thé swapping of resource$, this allows the Scrapstores to exchange Ideas and fvture plan5. She is extremely grateful for the sUPPOrt gf th¢ longstandin9 leam of volunteers who turn up wery ¢Jay to ensure that Hull Scrap51ore can meel the needs of their customws. We have welcorned a new volunteer lo thi5 team during the last year and thank all of the. vdunleerB for the conliibution they have made to the Wtrfk of the leam. In Novemb8r 2023 Ihp ffl05t successful sal&to date was held in the store, raising a very valuabte £5.300. The sale incorporated our usual smaller Scrap Items including a mounlsin of donated fabric m8tertal. alongslde the bought in art resources. 321è also allowed us to move on Some of the larger more unusual donations that wa havo receSved. Under normal trading ¢ondS1ions these Items may be too largè lo display. Our aim Is always lo ensure that such items go lo good hom85 and are put back into use as soon as possible. Our main tool for promotion remain5 our FacetM)ok page, fdlowed by and commented on by thou88nds of avld Cfea16ve people. INe also have an Inytagrarn aceount ¥M)Ich Is allra¢tSng Incregsing numbers of new followers. Our webslte also helps get the word out about our activllles and seNices. both in Ihe stor&. wlthln Scrapslore and where to flnd us al events wlhin tho loGal and wider wnmunilies. The Wbrkshop Development Manager, working alongside a team of fredanc8 artists h¥$ ensured Ihat Hull Serapstore brtngs our ethos to children, young people and adults both thin our building and outside in the local and wider ¢ommunltle$. Hull Scrapslore workshop5 are to be found al tnany (rf th8 large well attended events within the Hull area. Thesp include National Playday, Amied Force5 Day. Heallhy Holiday activities and Sesh, to name bul a few. Through the delivery of the workshops the freelan￿ artists educate and engage the public this unusual ethical array of resources, en8uring that they have fun al the same lime. The semces of four new arusls have been"enlisted, all bringing a different skill sel lo the organisalion. meaning that we are able lo offer new and diffgrenl workshops. The new artists aro all avid 'urcus skills pèrfonners, and this has allowed us to provide many popular workshops using these skills. We vlork with our customers lo look al uthal best suits th￿r needs, some have a sel idea, others are open to the Ideas of the Workshop Deyelopmenl m￿ager and the artists. Some jusl want to have a good old fashitined 'scrap att8c*' allowing for th8 creauon of whatever th8 maker wants lo create, others are keen to explorg new ideas. With thi5 succes5 8 new problem was encounlered'_ transport We found oursglvgs ha￿fig lo turn down requ95ts for Work8hop8 kcausg we only had one van. Thls van is neodfjd to bring bad( re50urr?$ lo the store alongside attending workshops. Because wè believe in providing a wde selection of resour¢es at Ihe workshops the artists are often unable to use cars. Thiy meanl Ihat a fundraising programme was started lo rais¢ the funds for a 8econd van. At"the financial year end there were almost sufficientfttnd8 in place lo purchase the van. We hope that this will allow u8 to be outand aboL(l in tho communlly even more than provioy51y. We entered the third yeai of the funding programme awarded by Brelm5. Trust. Th18 lund.has enabled us to work with T.l.C la charty providing support for those ￿th Tourettes Syndrome and other MC dlsordersl, North¢ott Scho Ilhe regional provlsion fc>r children with Autism, Asperger's and social communlcallon learning difficu51i85) and Astra Youth Gentre, 811owlng us ID provide ¢ur workshops lo children within thg Gity who may olh8rwis¢ have been unable lo a￿esS Ihls experienrg. The Ihr8e-year programme has beèn very well received by 811 three clienls and we hope lo continu¢ to work with them in the rwr.fiJlurè once further funding has been secured. Thls wll allow us lo bulld on Ihe progress made.to date with these chlldren and young people. W• have 8lso seen a considorablfy increase in the demand for SEND wotltshops, wh￿h w¢ aw more than happy to provide. The James Reckitt Trust kirKlly donated £1000 allowing us to devdop and providè more SEND workshops. This 1$ alongside the £3000 thot they award to support our work annually. HULL SCRAPSTORE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Sh¢)rtly bfyfor6 tho.gnd of the financial year we began applying For funding allawng us lo use spacE at Scrapstore lo create a communty garden. This ￿ll11 be used by SEND children and young people. A strong partnershlp wlth the HEY volunteers has been developed over Ihls period. With the £1000 of fundlna from a 'Hull Activity Grant, the team ol volunleprs tsve Iransformgd th8 'Hub' into a warm space wilh comfortable sofas and a coffee slaliorj. This 15 now in regular usa and has been well receiv&d. S¢rapsl(xe facililales 'masterclasse"$' fortho volunteers enhancing their skills in all thing5 creative. The Workshop Development Manager Ere81èd an adult worl(shop programme to run throughoirt the year. This Is proving very popular and shé. alongsidg tho. *ti5ts ara constantly IcM)king for n&w and dlffefftnl topics for future livilies. The conversion to a CIO has allowed us lo open our semces to wider groups of adu115 and Dffer new and different Wofkshops. This also allows our artists to expand their own skillsets and incre85e what they are able to offer. They exchange Ideas and often work together on prolects. Flnahclal rèvlew Reserves poliof Suapsloro r¢¢ognises that in the inl$rssts ot sustsinability there is a nèèd to ensure that a1ovg1 ol free reserves is maintained at all time The anrtual calculation of dosure costs urill at all times be thainlained as eash. If the amount oftash reseNes. rwhes this figure the Board of Trustees will be informed and an agree¢Y strategy will bè pul in plark lo re￿enish Ihis amount. This pdicy wll be reviewed annually.. Plans for future periods Hull Scrapslore has engaged the services of Tom Bronnan of Brennan Rgsear¢h to carry out an Organi￿110nal remew into Hull Scrapstore. We are extspmely woud of Dur achievements and of our recovery after the Covid panclemic, adapting to the chartges in people's shopping habits and activity provision. However. we constanlty strNe 1¢ Improve artd find out what our Customers want fr.om us, what Is needed by our communities and how we ca m99t those n89ds. Wo exp9GI the work to be completed in Augusl 2024 al which stage we can incorporate the Ilndings of th¢ r0vigw into our strategic plans. We are in a financialty hea￿hY posilton wth a strong, appropriate reserve holding. We have 3 rLJmmitted board and staff team aDd work yrtlh a slrong team of frEe18n¢e artists, Mè provide 4)ace within the building for Ilkeminded people and organisadons. Thls varles from pomi¥nont studio space to room hir9 ty thè h¢￿r. Hull Scrapsiore 18 extrèmely fonunate. io be 8UPP¢)rted by a 31rong ie8tn of Volunteer$ rjolh those K)rKlng In the store supporting tho staff m&mb8rs in keeping the store tidy, preparlng th8 scrap, meellng the customers, needs etc and the team of HEY Volunteers who erealed the Hub space to make il the inviting space that il is today. 11 is also important that we acknowledge. that we ¢ould not manage without our funders tho through their support enal￿e us lo pul on activities for many who olhgrwise may r￿t be able to access what we do. In part￿Ular. the annual funding grant from Hull City Counal - Arts D$partmenl alongside the personnel support of a Devdopmenl Officer 15 invaluable in this rèspect We thank'you 011 and look lo￿ard 10 tho o¥Qling future dévelopments of Hull.Scrapstore In 2024-2025.. ..Structurg9 gov8rnan¢g and manag•mgnt The charlty l& Is conlroll&d by 118 governlng documènt. whith ￿nstItut9$'a charitab￿ Inwrporaled Organi$allon. HULL SCFIAPSTORE TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Ifuslees who served during the year and up to the date of si9nature of the financial statements were". R Garr A Bell M Humble MrA.Cornwall J Pullen J Adamson R Binninglon R P.rilchard (Re81gned 14Augusl 20231 (Ap.pointed 4 December 20231 (Appointed 4. December 20231 (Appolnted f 5 January 2024) (Appointed 4 December 2023> The tru'sle8s' report was approvéd by'lhè Board of Trustees. M Humble Trustee 16 september 2024 HULL SCRAPSTORE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HULL SCRAPSTORE I report to the trustees on my examination of the financial slalemonls of Hull Scrapslore Ith8 thJityl for the year ended 31 Mar¢h 2024. Responsiblllties and basls of report As the Iruslees of th6 charity you ale responsible for the preparation of the financial slalements in.accordanoe with the requirements of the ChariligsAct 2011 Ithe 2011 Acti. I report iri respect of my'examination of the charity's financial slalemenls carrSed out under settion 145 of the 2011 Act. In carrylng out my ex8mln&don I have followed all the applicable Directions given by the Charlly Commisslon under seclion'145(5)(b) of Ihg 201.1 Ad. Independpnt examineVs statement I have compl818d my examination. I confirm that no matters have come to my attention in conneriion with the examination giving me cause to believe that in any material respect= "accounlng record$ were not kept in respert of the Gharity as ￿quir￿ by section 1 SO of the 2011 Acl; or the financial slatemenls do not accord wlh those records., or Ihè financial statements do not comply wth the applicable requirements concerning the form and content occounts set oul in the Charib"ey {Accounts and Reports) Regulations 2008 other than any fftquirement th81 the 8ccounts glve a true and falr vlewwhleh is'not a matter c)n8lderetl as part of an independent examln811on. I have no con¢ems and have come a¢r￿s.no other mattsrs in ¢onne¢tion with th& examlnatlon to which allentson should be drawn in this report in order to gnable è proper urthrslanding of the finan¢ial 5talgm¢ntsto bg rgachod. Trevor Rac am Rad(ham'sAccounlanls Limited 3 Melton Enl$rprisg Park Reddllff R08d Mellon East Yorkshlre HU14 3RS Dated.. 16 Septembèr 2024 HULL SCRAPSTORE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENQITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrl¢ted Restrlcled funds. funds 2024 2024 Total Unr¢strlct8d R&$trlctsd funds funds 2023 2023 Total 20*4 2023 Notes Income Irom: Donations and legaaes Charflablo activities 7,860 16,981 148,B56 78,959 181,273 22.529 101,486 181,273 14&,856 Totsl income 157,957 7,860 165,817 260,232 22.529 282,761 Expendltur¢ on: Raising fvnds Charitable activities 23,769 137,414 2,1.50 6,076 25,919 143,490 32,086 143,034 32,086 149,260 8,226 Total oxpenditur 161.183 169,409 175,120 6,226 181,346 Net incomellexpendlture) and movement In funds (3,2261 (366) (3.592) 16,303 101,415 Reconclllation of funds- Fund balances at 1 April 2023 128.0.18 16,303 144,321 42,906 42,906 Fund balances at31 Mar¢h 2024 124,792 140.729 128,018 144,321 The statement of financial adivthe9 lriclude8 all gains and108ses recognlsed In Ihe year. Al incomé and Bxpendlture derive from conllnuing 8CtMlies. HULL SCRAPSTORE BALANGE SHEET AS AT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible asse 11 Curront a$$9ts Sto¢ks Debtors Cash al bank. and in hand 12 14.3.70 16.165 103,082 9,423 107,113 131.805 133,617 Creditors: amounts.lalllng du• wlthln one year IA (9,5621 19,8971 Net¢urrent assets 122,243 123,720 Total assgts las$ current Ilabllltle$ 140,729 The funds of the charlty Restrlcled Income funds Unre$lri¢ted fund3 16 16,303 128,018 124,792 140,729 The finan¢lal statements were approv&d ty the tNstee5 on 16 September 2024 J Pullen Trustee HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charity infomation Aull S¢yapslore is a charltable Incorporatsd organlsalion ICIO). 1.1 .A.ccOun￿ng convention The financial st*ments have bèen prepare.d in acGordanG8 with the Gharily's Gonslitulion, the Charib'es Act 2011, FRS 102 The Financial Reporting Standard applicable in UK and Republic of Ireland. ('FRS 102.1 and the Charlti&S SORP 'Accounting and Rgportlng by Chariti0s= Statement of Recommended PJactice applicablè to charities preparing their accounts in accord¥nce with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 3021" {effectlve 1 January 201 9). The Gharity 1$ a Publlc Benefit Enlily as defined by FRS 1D2. The charity has taken advantage of th¢ provisions in the SORP for charits'es not to prepare a St2tarenl of Cash Flows. The financial statements have been.wepared under tha historical t))sl convention. The principat acwunling pollcles 8dop19d are $8t out bel¢)W. 1.2 Golng concern At the lime of approving th9 finanGial staleinonls. the Iru51885 have a rsasonable expeclalKJn that the ¢hariiy has adequate resourcgs lo ¢ontinue in operational existence for the foreseeable future. Thus the tr￿lee5 CDntsnue to adopt the g￿ng concern basis of aecounling in preparing the fin8ncl81 statements. 1.3 Charitable funds Unrestricted funds are available for u5& al the dlserellon ol the truslees In furtherance of their charitable objec.tives. Restricted fvnds are 8ubJecl to Spear￿ condfaons ty donors or grantors as lo how they may be used. The purposès and uses of the reslricled funds arg set out in the notes to the financial Statements. 1.4 Income Income is re¢¢gnlsed when the charity is legally enUlled to il'after any pgrfomonce conditions have bgen mgt, e amoun15 ¢an be measured rellably. and il is pr¢)babl$ that income will b& r￿e1ved. Cash donauons arg recognised on receipt. Olh2r donations aro recognised once the th'arily has been nolfled of the donation, unless perfOrnian￿ conditions requlr$ doferral of thè amount. Income tax recoverable in relation to donatlons recelved under GIft￿d or deed5 of covenant 1$ racognised at the lime of the donation. Legaaes are roco9nised on receipt or otherw7$e if the charty has been nollfled of an Impending dblrlbution, the amount is kTJown, and .recefpl Is expeded. If Ihe amovnt 18 nol known. tho legacy Is"trealed as a contlngent asset. 1.5 Expendlture Expenditure is recognised once there Is a legal or con$lru¢tive obllgallon to transfer economlc benefit lo a .thlriJ paty, It18 probable thal a tran$f9r of économlc benefits will be required ill selllemenl, and the amount of the obligation can b8,m9a5uroJ reliably. Expenditure is clasgified by actlvlly. The c051$ of each acllvty are made up ol th& lolal of dir￿1 co$1$ and shared ¢psts. includlng support costs involved in undertaking each adtvity. Direct costs atlribukble to a single activity are allocated directly lo that activity. Sha￿d costs which contribute to more than one act￿tY and support costs which are not attrj'butable lo a single aclivtly are 8PPOrtioned between Iho8e activities on a ba818 ¢onsistent wlh the use of resources. Centr81 staff eosls 8re allocated on the ba858 of tlme spent, and depre¢Jalion charge8 are all¢xaled on tho. POr￿On of thé asset's usg. HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policie5 {Continuedl. 1.8 Tanglblo Ilxgd ass9ts Tanglble fixad assèts are inI￿allY measured al cost and 'subsequanlly maasured * cost..or valuation, no101 .depre¢ialion ind any impairment lo55eF. Depreciation is Te¢ognisgd so as lo wri19 off Ihg cost or valLBlion of assals loss their residual value5 over thgir uselul lives on the fdlowing bases.. Leas¢hol¢ land arid building3 .Fixlures and fittings Motor vehicles. S% reducfng balancè 15%.reduang balance 25% redudng balance The gain or loss arising on the disposal of an asset is determined as thg differènce between Ihe.sal8 proceeds and the carrying value of the asset, and i8 recognised in the gtstement of financial activities. 1.7 Stocks Stocks are slated at the IDwer of cost and estimated selling price less "costs to complete and sell. Cost comprlses d1￿cl materials and, where apyicable, direct labour cosls and those ovetheads that have been incurred in brlnging the slod0 149,260 Support ¢09ts allocatsd to actlvltlos 2024 2023 Governan￿ costs 1,800 Analys¢d between., Chadtabl¢ expgnditure 5.735 1,800 11 HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Netmovom•nt in funds 2024 2023 The net movement in funds is 31ated afler chargingl(credlling): Fees payable for the indppendent examination of the charilvs ffnancial statements Depreciation of owngd langib'lg fixed assets 1.,935 2,115 2,455 Thistees Non& of the trustges (or any persons connected.wth them) rec9tved any romunoralion OT benefits. from the charity during the ygar. Employees The average monlhty numbor of employsos duftng the year was.. 2024 Number 2023 Number EMploYn￿nt co¥t$ 2024 2023 Wages and s8larles. 70,052 70,155 There were no employees whose annual remUnera￿on was more than £60,000. 10 Taxatlon The charity is exempt from taxation on its activibes because all ils income is applied forcharitable purposes. HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Tanglblg flx9d as$•ts Leasehold Flxtwes and lanfl and f￿1￿98 buildings Moior vohlGI•s Total Cost At 1 April 2023 10,842 1.092 23,056 At &1 March 2024 11,.122 1 D,842 1,092 23.056 Depreclatlon and Impaimient At 1 April 2028 Oeprgciatson tharged in the year 556 528 2,455 2,115 1,381 205 At 31 March 2024 1,084 3,008 478 Carrylng amount Al 31 March 2024 7,834 18,486 At 31 March 2023 10.566 9.216 819 20.601 12 Stocks 2024 2023 FThii5hed goods and goods for resal 15.269 14.370 13 Debtors 2024 2023 Amounts falllng due wlthln one year: Trade debtors Other d?btors Pr9payments" and acw9d income 6.197 23 3.209 12.072 22 4.071 9,423 14 Credltors: amounts falling du• within ona year 2024 2023 Notes Deferred income Trade c¢dltor8 'other creditors Accrua15 15. 4,343 286 1,189 3,512 3,812 9,562 9,897 HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Deferred income 2024 2023 Other deferred income 4,343 3,512 Deferred income Is included in the financkgl statements as follows: 2024 2023 Deferred incoTne is included wthin.. Curreftt Ilabillbes 4,343 3,512 Movements in the year.. Deferred income at 1 April 2023 Released from PTevious periods Resources deferied in the year 3,512 13.5121 4,343 3,512 DefetTed Income at 31 Ma￿h 2024 .4.343 3,512 16 Restricted funds The restricted funds of the charity comprise the unexpended balar6es of donallons and grants held on trust subject lo speofic Gondilioris by donors as lo how they may be uwj. Atl Aprll 2023 In￿mIng resources Resources At31 March expended 20Z4 Fixed Assets Fundraising Thè Bralm8 Trust Hull Acllvlty Grants James Re¢kitt Foundation Kegpmoot 15,153 11.216y 11,1501 14,8801 11,0001 13.937 4,860 1,000 1,OOQ 1,000 1,000 16,303 7,860 18,2261 15,937 Previous year: At 1 Aprll 2022 Incomlno Res'our¢e$ At J1 Pllarch rewurco$ gxp&ndèd 2023 Flxed Aesets Fundraising The Brelms Trust 16,519 1,150 4,880 (1,3661 15,153 1,150 14,8601 22,529 6.226 16.303 74. HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Unrestrlctsd funds The ynreslricted funds of the charity Comprise the unexpended balances of donations attd grent8 which are not subject lo specific conditions by donors and grantors as 10 how they may b8 used. These Indude designated funcls which have been set gslde out of unresirirted tunds by the trustees for specifiG purpos8s. At 1 April 2023 Incomlny Resourcts At 31 March resourGes expended 2024 Redundancy Fixed Assets General funds 12,819 5,446 109,753 12,819 4,547 107.426 1899) 1160.284> 1 57.957 128,01 157,9.57 (161,183) 124.7è2 Prevlous year: At 1 Aprll 2022 Incomlng Resour¢os At 31 March rosoLErces' oxpended 2023 R¢dundanGy xed Assets General funds 12,819 5,446 109.753 6,538 240,877 11,090) 1174,030} 42,906 42,906 260.232 175,120 128,018 18 Analysls of net assets b8twegn funds Unrestrlcted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible a85ets Current assetsllliabililies) 4,549 120,243 13,937 2,000 18,486 122.243 124.792 15.937 140,729 Unregtrlctsd funds 2023 Re6trlcted funds 2023 Total 2023 At 31 March 2023". Tangible assets cur￿nt assetsllllablllues) 15,153 1,150 122,570 123.720 128,018 16,303 144,321 HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Related party transactlon5 There were no disdosable related" p8rty transactions during the ye¥r {2023 - none). 16-