Ch8Flty regbstration number 11 673 (England and Wales) HULL SCRAPSTORE ANNUAL REPORT AND UNAUDITED FINANCIAL FOR THE YEAR ENDED 31 MARCH 20 TATEMENTS
HULL SCRAPSTORE LEGAL AND ADMINISTRATIVE INFORMATION Truste8$ A Bell Ikl Humble JAdamson R Binnington Charity number {Enuland and Wales) 11 08673 Prlncipal address Scrapstore Dairycoales Avenue Hull East Yorkshire England HU3 5DB Independent examlnèr Trevor Mark Rackham Rackham'8 Aorounlants Limited 3 Mellon Entèrprise Park Redclliff Road Mellon East Yorkshire HU14 3RS
HULL SCRAPSTORE CONTENTS Page Trustees. pOrt Independent examiner'a réport Statement of financial activitie5 Balan Sheet Notes to the financial statements
HULL SCRAPSTORE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees present their 8nnual report and financial statements for thft year ended 31 March 2025. The financial statéments have been preparéd in accordancg with the accouniing polid&S set out In nole.'1 to me financial statements and compw with Ihe charlly's govemlng document, the Charities Act 2011. FRS 102 "The. Financial Reporting Standard applicabl6 in the UK and Fiopublic of Ireland" and the Charities SORP "AGcounbng and Reporting by ChaFitiss'. Slgtem8nt of R8commendad. Practice applicablo to charib'es prgparing their aeGounts in COrdan with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102>.. Objoctlves and aGtlvltl&s HUS1 Scrapslore Is now in its.siXth year as a Charitable Incorporated Organisation ICIO>, having converted from 'Hull Play Resource Cenlre.. whlch was 8 reglslered ¢harity, in 2019., although not h8ng an impact on Orn18&1.0n until 2022 due lo the pandemic. The purpose of the changa was lo gNo a¢¢ess lo rèusablo. alhical resources to all adUs, children and young people intsresled in 3rt, play and crealivily and expand and deliver IhE services of the organlsalion lo a broader cohort. Tha Ml$slon of the CIO Is: Hull Scrapslore èelieves in creativty that doesn t cost the earth. We are heTe for the makers, the creators and the painter8,' the gluers and stlckers, the sewer8 and knillers.. the sculptors and weavers, doodlers and teacher3 - for everyonè lo bg crèative and have fun usino Scrap and waste malerials which would othetwlse have gone to landfill. The Hull Scrapslore fami5y is important.in this and includes our partner businèsses. customers and partScSpants, our freelance a"SIS group and arts organisalioris. Working together is hoiv sustainable magic happensl In more rgcent years r( Is 11 documented that art and eallY1[y have 8 positive effect on mental heatth. Our aim is lo onsure that as many adults, children, and young people as possible have access to a wlde range of affordable ethical creative resources so that they G3n benefit. The reusable, elhittal resources are sourced through the donats.on of a vast range of materials, created by waste and ovBI-produBlion in manufacturing processes, whl¢h would olhermse have gone Into lanLIflII. Some are materials which are donatod by individuals who have no further need for them In Ihelr homes Scrapslores nationwide Drganise swaps to create variety and av?ilabilily and Hull SGrapstor8 parlicipales in these, Irovelling to 9.g. Nolllngham, Sheffield and Lèeds and regprocab'ng, sharin9. and swapping the re50urcès available acro35 the north of England. These resources form the basis of IhB 6tock, available lo tho PLEblic at low cost every day that Hull Scrapslore is open, and for supplying workshops dlIVered in-house and beyDnd. Resources are availahle to both individuals and org8nisation8. for clelivering se880nal a¢livilies and through Flash Sales when Hull Scr2PStorÈ is overstocked. 'The objects of Ihe CIO 8re:' {1ITo advance arts anos crafts in particular but not exclusivoly by". lal Faollilallng the use and provision of recycled, scrap or surplus materia15 as a creative resource to"adulls and chlldren with tho aim of Improvlng their soaal Welfa and conditions of life., and mental health and wellbeing". and by Ibl inspiriry Irjdividual and group Grealwity for'thè public bonefit and forthe benefit of the environment. 121 To prolect and preserve the environirenl for the public.benefitin particular bul not exclusivety by.. 121 Promoting reuycllng,. use of recyded procluc18 and the use of£urplus or scrap. and by Ib) Advancing Ihe.education of the public aboul waste recycllng and iJ8e of surplus or scrap.
HULL SCRAPSTORE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The valugs olthe CIO are.. Envirorimenl First- dedicated lo.reduang waste and inspiring sustainable living,. RespeGt- tre&ting everyone with re8pecl, Inlegrlty. honesty and laimess,. Community Driven- the community is al the heart of everything we do.. Leaming and Creativity encouraging curiosity and openness lo differel7t Ide constructive challenge; Quality- driving our creative work and pattngrship with ath'sts lth Improv& pracllce for a Collaborative Partnershipg- working closely together across communttfès, arts orga out pariner8', s. we .Walue feedback and Isations, busine¥ses and wblh Amtron- uur organisaliDn wants to grDW.and lead on Hull's environmgnlal messag&. The organisation threads the objects and v&lue8 through all acts'vrties, lo Ibe benefft mulll-faceled and In¢re881ngly communlty led. f th8 public it Sgrvog. Thls is Publlc benefit The. trustees have paid due rèuard lo guidence issued by tho Charlty Commission i charjty should undertakè. deciding what activities the Activities Th8Acllvltl8s of Ihg GIQ are.. Workshops Workshopg are designed end delivered, paying due r8gard to Ihp guidance issued inspire poople in the potential use of the reusable. ethical resources. These are arbsls commissioned by Htsll Scrapstore for thi5 purpos¢_ These are sometimes de an also be part of the'crealive programme of partner organSsallon5 on their premlse such as fe3tivals These are organised during the w&ek and al the weekends, Mqlh schoot holidays and over the summer when the organisation is in great demand. Thè Is located offers room hire to like-minded indiwduals and or98nisations for the purp birthday parties, y the Charity Commigsion, lo IWBYS delfvered by Ireelancè ivered at Hull Scrapslore but or as part of outdoor even15 an increase In activity during ilding where Hull Scr8PStore se of workshop dellvery and Aohievements and perfomiance Significant octivthes eiid &Echievemsnt& aoainsl objoGtiV¢8 During year 2024-2025.. around 100 van loads of $Grap and waste were divarted from larKIfiII and reus d Dr repurposed.,. over 140 workshops 2nd masterclasses were delivered to a variety of c festiva15, schools, Hey Volunleerlng and the gengral public. fhgse are low by partners or Indlvlduals when they arp offered for fr6e. Numbers of attend houso lo 50+ for extertAI and ages from 2-921., murtity gfOUPS, events and ost, unless extemalty funded es vary fiiyn up lo 20 fof.in- new grdnls were secured for improvements ID th'e OLrtdoor area, the provisio Hull South Blockhousg development, an dement of the Hull Maritime Pr sgcond vehlcle, which increased the capac£ty' for collecting resources an extemal activities., of woikshops to promote the je¢l, and the purch&se of elancè artists déliverfng a planned 360-degree gxtsmal revlew was commissioned by the Board survèy of seNicevusers, face ITr face conv8rsation$ with some staff, voluntee ¢onvarsalions with olhÈTS. The outcomes of this inffluenced the delivery of Forward with Hull Scrapstore. day to InftuenGe $irategl¢ planning for the fut(J of the Strategic Plan 202&202B and the Business Plan 2025-26; Trust which included 8 and trustees and telephone a Board and Staff 'Slepping and tho subsequent wribng
HULL SCRAPSTORE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 four addEtional trustees joined the Board and Ihr2g resigned during this period and the organi5ation is grateful for all the lime and effort that they have gSven to thelr support of Hull Scrapslore in this way-. o addits'onal volunle8r8 jolned the reyular group, the assistance Df whom is greatly valued in the multiple v¥ays that they prepare resoijrces'for sale,. lunding. which had been previously received, conlinuEd through the Jamps Reckitt Twsl and Hull CC Arts D.evelopmenl. whlch enablèd specific support for activtties for children wth SEND needs and the group ol treelance artists. The positive relalionshlp between Hull scrapstore.and the artists who rent studio space conllnuerj to be productive and colL4boralive. FinavcÈal review Financially 2024 - 25 has beèn a challonging yBar. Totsl inooma has f811en by almost £5,500. and expen0tE has increased by £13,700, when cornpared with the previous financral yeaT', this has resLJltacl in a net loss of almost £20:000. IncDm2 has been Impacted by the increased move towards on-linÈ purchasing of n8w materials, which ha$ grown since the pandemic. Many of the8e materials are purehased from ttomp8nies based in China. increasing the èGO-foutprinl and not aligning M41h Hull S¢rapslore'g Objects. Expenditure has increased mostly due to Ihe high energy costs Paid lo keep the ex-victorian school bullding warm. However. having accepted that Ihè current building is no longer fil for purpose, the Board of Tru51ees 15 acb'vdy pursuing ifrlocalK)n to new premises, which ¥11 have lower running and maintenance costs snd f8rilitate changes to the way the organi5ation works kwlh ils Gommunity. Thor8 W8Tg soine slgnlflcant and unexpected items of expendlture durfng the year, which induded health and safely costs to bring existing fire alaKm systems up to standard and associated staff training and for professional f. It 15 expected that the deficit will be closed durn9 the financial year 2025-2fj., There are some poiitiv8S to be tsken from the figures however, w donations and legacie5 eIng an increase in the financial year with grants received from Morrisons, Hull City Council and the Slr James Recktit charty A new savin95 bank account WAS opf ned during the year to transfer £70,DOO of the reserves and generate Inte$1 incame on the surplu&. Hull Scrapstore continues to partner wFth many loGal firms for donations csf scrap as well as receiving donations from mombers of the publio and crafting community. There are some established partnerships, but also new commercial partnets include Carafax, a manufarlurer lo the Ladgg, Holiday Hom8, Toudng Caravan, and Iwolorhome industries. The companies and businesses Mqth whom Hull Scrapslore works are looking IOT 5uslainablo and ethical uses for thelr scrap snd wagte to a greater degree than ever before and the&r reques15 are usually accommodated, *ither for loc81 pyrpDse, or shared through the swaps arrangement. The freelance artists and crafters - individuoI8. group8 and schoolg. young and old enjoy being thalleng& Ihiough the range of resourcEs which ar9 available lor Ihelr ealiv8 activrties. Hull Scrapstore has benefilted from many hours given by our loyal band of voluntèers during thg year and IS ¢onllnually grateful for Ihe support we recewe from thèm, and the willingness 11th which Ih8y sort and pa.ckage up the resources for the publi¢. In 2024, Trustees. Volunteers and regular customers of HLJII Scrapstore were sad to hear Ih3t Roz Carr had passEd away. Roz had. until ro¢eniiy, baen both a Trusteg and Volunteer for Hull Suapstore and also for Hull Play Resource Centre which prereded IL and had wllingly given many hours over the years. wlll all miss Roz and her smlling presence around Hull Scrapslore. As Hull ScrapBtoro moves Into a new yggr, 8xcillng t5me8 a aheed. whlth will glve more opporlunty tO"CO-create and become more community led. New partnerships. are b8ing developed, and new workshop ideas are groviing. A"nd flnally. word8 on behalf of the many adults and children who have had fun making... It's Brllllanl a crafters heaven! l used to take my children but now I take my grandchlldren. Thanks, Scrapstor& for Pntertalnlng two generatlons."
HULL SCRAPSTORE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reseryes policy Scrapslore recognises that in the interests of sustainability there is a need lo ensure maintained at all limes. hat a level of free reserves is The annual calculation of closure costs will al all limes be maintained as Cash. the amount of cash reserves reache5 this figure the Board of Trustees will be inform be pul in place lo replenish this amount. This policy will be reviewed annually. d and an agreed strategy will Structure, governance and management The charity is is controlled by its goveming document, which constitutes a Charitable I corporated Organisation. The trustees who setved during the year and up lo the date of signature of the financi R Carr (Resigned 3 May 20241 A Bell M Humble J Pullen JAdamson R Binninglon R Prrtchatd I statements wefe.. (Resigned 2 February 20251 (Resigned 20 January 20251 The IrustÈès' port was approved by the Board of Ttustees. [¥VJ Humble Trustee 3 December 2025
HULL SCRAPSTORE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HULL SCRAPSTORE l port to the trustees on my examination of the f5nancial statements of Hull"Scrapslore Ilhe ch8rty) for Ihe.y.ear ended31 March 2025. Responslbllltles and basls of report As the trustees of the charity YOU are SpOnsIble for'the weparalion of the financial slatenlents in aCCOFdance th the requirements of the Charities Act 2011. I report in respecl of my examination ol the charity's financial statements carrièd out under s$cllon 145 of the Challtigs A'cl 2011. In carrying Dut my examination I have Followed.Ihe Directions givon by the Charity Commis510 under section 14515llbl of Ihe Charlties Act 2011. Independent examlners statement I have completed my examination. l Gonfirm that no mallers have come to my attention in connection with th8 examination giving me raus8 lo believe that in any material respect.. 8G¢ounting reoords were not kepl in respect of the charily as requiretj by section 130 of the Charities A'ol 2011. the financial statements do not accord with those records.. or the financial siatemBnls do not comply with the applicable requirements concerning the Form and ¢onlenl DI financial statements set out in the Charities (Accounts and Rewrtsl Regulations 20Q8 other than any requirement that the ffnancial statements gFve 8 true and fair view, which is not a matter considered 8s part of an independent examlnatlon. I have no concerns and have come acrijss no other mall?rs in connection with the examination to which allenlion 'should be drawn in this report in orcferto enable a properunderslandlng ol the financial statements to be reached. Trevor Mark Rackham Rackham's Accountants Limited 3 Mellon Entetpnse Park Redclliff Road Mgllon East Yorkshire HU14 3RS 3 E)eceTnber 2025
HULL SGRAPSTORE STATEIVIENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restricted fvnds funds 2025 2025 Total Unrestrict fun 20 d Restricted funds 2024 Total 2025 2024 Notès Income from: DonatlDns and legacies charitab activities 9,000 21.314 141,g04 7,860 16,061 148,856 148,8 Total income 150,904 12,314 163.218 7,860 165,817 Expendlturo on: Raising funds Charitable acttvities 25,603 144,626 25.603 153,902 23,7 137,4 25,919 143,490 9,276 6,078 Total expenditur¢. 170,229 ,276 179,505 8,226 169,409 Net Intomellexpendlturèl 119,3251 3,038 (16,287} (3661 {3.5921 Transfers b&tween funds (3001 300 Netmovement In funds If 9,625> (16,28n 61 13661 13,5921 Reconciliation of funds: Fund balance5 at 1 April 2024 124,792 140,729 128,0 16,303 144,321 Fund balAn¢¥s at 31 March 2025 105,167 124,142 124,7 15,937 140,729 The slalement of finahcial actfvilies include8'811 gains and Ios8es Fecogni5ed in the ye aorive from conllnulng arlivitie5. r. All income and èxpenditsjre
HULL SCRAPSTORE BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Flxgd assets Tangible assets 11 19,129 18,486 Current assets Stocks Debtors Cash at bank and in hand 12 13 15,466 11.368 89.052 15,269 9,423 107,113 115.886 131,805 Creditors.. amounts falllng du& wlthln one year 14 {10,5731 19.5621 Net current assets 105,313 122,243 Total assets less current Ilabilltie5 124,442 140,729 The funds of the charlty RestriGlecl income funds Unrestricted funds 16 19,275 105.167 15,937 124,792 124.442 140.729 The financial statements were approved by the trustees on 3 December 2025 MLO . Trusteè
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEllAENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl•s Charity informatlon Hull Scrap8tore 18 a charltable IncorporateLI org8ni$ation ICIOI. 1.1 Accountlng convontlon The fin8nci81818lements have been prepared in a¢cordants with the Gharity's 2011, FRS 102 'The Flnan¢ial Reporting S18ndard appllcable in the UK and Re and the Charities SORP "Accounting and Repc>rting by Charitles.. Statamen applicable to charities preparing their accounts in accordance with the F applicable in the UK 2nd Republic of Ireland (FRS 1021 {effeclive fj Jonuary Benefit Entlly as deflned by FRS 102. oh8tilulion, the Charitie8 Ael ublic of Ireland. I'FRS 102.1 of Recommended Practi¢e nancial Reporting Standard 01 91. The charity Is 8 Public The charity has tskon advantage. of the provisions in the .SORP for ch"arities n Cash Flows. I lo prepare a Statent af The financial statements have been prep8red under the hl8torlcal c081 convent poliaes adoptgd are set out b810w. on. The printtipal accourtung 1.2 Going Concern At the time of apprDving the financiaI slaiemenls, the trustees have a reasonabl has adequat& resources lo continue in operational exslence for the foreseea continue lo adopt the going concem basis of accounting in preparing the fin8ncia expÈctation that the.charity le future. Thus the trusteey statements. t.3 Charitabl&functs UnreslriGted funds are available for use at the discrelion of the trustees in f objeGtives. rtherance of their charit8ble Re81r4Cted fvnds are subjgct lo speGifi¢ ¢ondilions by donors or grantors as to purposes and uses of the restricted funds are Set out in the notes.to the financtal how they may be.u5ed. The statements. 1A Income Income is recognised when the charty is legally enlilled lo it aft8r any pgrft)rma the amounlg can be measured reliably, and il is probable that incomF will bo rec condilions havo be&n mel. ived. Cash donations arg rgcogn£$Ed on recèipt. Other donaliony are recognised onc of the donallon. unless perfoiman¢e condllions require Llefertal of tho amotsn relallon lo donab'ons received undeT GiftAid or deed5 ofcovenant is recogntsed the cb8rtty h88 been nolified Income tax recoverable in t'the lime of Ihe donaliori.. Le9a¢ies are recognised on receipt Jjr otherwise if the chgrily h88 bèen notlfled the amount Is known, and re¢elpl Is eXpted. If the amounl is not noWn, conttngenl assal of an imponding d%lrtbutton. the legacy is treated as a 1.5 ExpenditUTe Expendltur& Is. recognlsed once Ihare Is a legal or consfructive obligation to t third party, it is probable that a transfer of economic benBfrts Mll be required in tt)e obligation can be measured reliably." nsfpr economic benefit to ettleiiient. and the amount ol Expendlture is classffigd by activty. The costs of each activity are" made up o shared costs. induding support costs involved in undertaking each activity. Direc a¢livity are allocated directly tu th81 aclivily. Shared costs whlch contrlbule I SUPPOrt costs which are not attributable lo a slngle actwily are apportloned bo conslslent 1 Ihg use of resources. Central staff costs are allocated on I d6preclation charges ar8 atsocated on the portion of the assevs use. thg lolal of dir1 costs and cosls attribLrtable to 8 single more than on8 activity and en those activitS on a basis basis of time spent, and
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2025 Accounting policies (Contlnuedl 1.6 Tangible fixed t$sets Tangible fixed assets are initially measured at cost and &ubsequpnUy measurèd al cost or valuation, nel ol depreGiation any impairmenl10sses. Depreeialion Ig récu9nisèd so As to wr¢(e off cost or v8lu8tion of assets less their residual valiies over their U8eful1sves on the following bs3e$= Leasehold land and buildings Flxlure8 and fillings Motor vehicles 5¥0 reducing balanco 15Dh reducing balance 25% reducing b818n The gain or Ios8 8f18ing on the disposal of an asset18 determined as the difference beeen the sale proceeds and Iha carrying value of th6 assat, #nd is recognised in the 5talfjrrignt of financial 8Gtivilies. 1.7 Stocks Stocks are slated at thg Iowgr of Gost and 9Stlmaled selling price less costs lo complete and sell. Cost Gomprise5 direct materials and, where applicable, diffjct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Iterns held for di5tribuliDn al no or nominal consideration are measured the Itswer of replocement cost and co8t. 1.8 Cash arEd cash oquivalgnts Cash and cash equivalents indude cash in hand, deposits held 31 c811 with banks, other short-temi liquid investments th original malurilies of three month5 or less, and bank overdratts, Bank overdrafts are shown within borrowings in current li?biSilies. 1.9 Financial instruments The charity has Bleclgd lo apply the provi8lons ol Secilon 11 'Ba$ic Finana81 Instrumen18' and Section 12 'Olher Financial Inslrumenls Issues, of FRS 102 lo all of its financial inBtrumenls. Nn8nclal in8lrvmenls are recogni8ed in the charity's balance sheet when the charily become5 paty to the contractual prDvksions of the inslrumenl. .Basl¢ flnanGial8s5ets 8asic financial assets: whioh include debtors and. cash and b3nk balancgs, are initially measurFJd * Iransacllon pri Induding Irdnsaclion costs and 8re subsequently carned al amortised cost usin9 the effective interest molhod unless the arfangem8nt conslltute8 a flnandng Iransaclion, where the nSaction Is measured 81 th8 present value of the future receipls dlscounled at a matfret rate of interest Financial a88ets classified as recèivable wlhin one year are not amDrtis8d. Baslc financlal Ilabllitles Baslc financial liabilities, including creditors and b8nk loans are initially recognised al IransaGIIDn price unless the arrangem8nt conslilutes a financing Iransacllon, where the debt instrument is measured 81 tho present value of the future payments dlscounted at a mathel rate of inleTest Financial Ilabllllle$ classifed as payable within one year are not amortised.
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donatlons and legacies Unre5trlctèd Restrlcted funds funds 2025 2025 Total Unrestrlc fun 20 d Restrlcted funds 2024 Total 2025 2024 DDnalion5 and gift5 Grants 9,000 7,860 15,860 9,000 12,314 21,314 7,880 16.961 Grants Hull csiy Council Arts Sir James Reckitt The Brelms Trusl Fund Hull A¢tlvSty Grants Programme Keepmoat Hull City Council Healthy Holidays Hull MaAlim8 Morrisons Foundation 5,OUO 4,000 5.000 4.000 5,000 4.000 4.860 1,000 1,000 3,000 2,664 3,650 3.650 5,000 7,860 15,860 In¢ome from charttable actlvltles nrestricted Unreytricted funds funds 2025 2024 Charitable activty income VBnue hire Workshop income S¢rap sales Sales of art materials otlier Income, 14,fjBD 38,095 53,148 34,925 1,056 13.909 39,577 55,000 40.351 19 141.9D4 148.856 10-
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENtJED 31 MARCH 2025 Exp8ndltur8 on ralslng funds Unrestricted "Restricted funds funds 202S 2025 Total Unrestricled Restricted fund5 funds 2024 2024 Total 2025 2024 Trodlng Costs Other tradlng activtiies 25.603 25.603 23,769 2,150 25.919 Expendlture on ¢harltable actlvitles Charitable Charitable expenditure expenditure 2026 2024 Direct cost's Staff costs Depreoalion and iinpalmient F"reelan art workers Volunteer expenses Rènt, rates and ulililies Insuran¢e Motor and travelling Repairs and ren8wals Telephone Printsng and stationery Resources Trade waste Miscellaneous Pu¥icity and promolon IT and website Subscriptions and mem)ership8 Card machine charge Health and safety costs 67,051 2,656 29,955 94 1 5.460 70.052 2,115 33.05D 320 14.001 6,907 4,558 4.346 1,378 933 3T 1,642 .220 180 891 1,741 10 93 1,37t 5,726 429 1,28è 1..618 144,422 137,755 Share of support and governance cost8 (see note 61 Govemance 9,480 153,902 143,490 Analysis by fund Unreslricled funds Reslrioted funds 1H,626 9,276 137.414 6,076 153,g02 143.490
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles 2026 2024 G0Veman costs 9,480 5,735 AnaEysèd between: Charitable expenditure 9,480 5.735 2025 2024 Governanco costs comprlse: Audit fees Legal and professional Con8uft8ncy feès Finance & admin support 2,080 2,400 1.935 1.800 2,000 5,000 9.480 S,735 Netmovement In funds 2025 2024 The net niovement in funds 15 slated after chargingJlcreditingl= Fees poyable for the indepontJentexamin8tlon of the ch8rty's financial ststement8 DeprecEation of owned tangible fixed 8ssetg 2,080 2,656 1,935 Trustee$ None of the tru51ees (or any persths connectèd with them) received any rem charty during the y8ar. neration or benofils from the Employees The average monthly numbsr of emptoyees during Ihe year was= 2025 Nuthbor 2024 Number Employment costs 2025 2024 INage5 and salaries 67,051 70,052 Th8Te werB no employees whose annual remLEneration yvas MO thar* £60.000.'
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FQR THE YEAR ENDED 31 IVARCH 2025 10 Taxation The charlty 58 exempt from taxatlon on its act1UÈs because all. Its income.is apled tor ch8rttable putPOSè8. 11 Tangible fixed a552ts Leoseho5d Fixtures and land and fitting5 bulldlfi95 Motor vehicles Total c.ost At 1 April 2024 Additions 10,842 4,092 23,056 3,300 At 31 March 2025 10,842 26,358 Depreclation and impa5rm9nt At 1 April 2024 Depreciation charged in tho year 3.009 1,175 478 4,571 2,656. 502 At 31 March 2025 1,586 4,184 1,457 Carrylng amount At 31 March 2025 9,536 6,SS8 2,935 19,129 At 31 March 2024 10,03e 7,834 614 18.486 12 Stocks 2025 2024 Finished good8 an¢ goods for resale 15,269 13 oebto.rs 2026 2024 Amounts falllng due wlthln one year.. Trade debtors Other debtors Prepaymen13 and &ccrued income 6.119 6.191 23 5,249 11,368 9,423
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEPAENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Creditors: amounts falliny due vvithin one y&ar 2026 ZQ24 Notes Deferred income. Trade creditors Other creditors Accruals 15 4..318 4,343 286 1,189 3,744 1,189 10,573 16 Deferred Incomft 2026 2024 Other deferred Income 4,318 4,343 Deferred income is Included ln the fln8naal stslements as follows. 2025 2024 Deferred income Is incluijed wf(hin'. Current liabililies 4,318 4,343 Movements In Ihe'year.. Deleriod incomE al 1 April 202d Released from previous p9riods Resources delerred.in the year 4,343 {3,5121 4,343 4,318 Deferred incL)me at.31 March 2025 4,318 4,343
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Restrlcte¢J funds Tho restrided funds of the tharity compri99 the unewonded b?lancès of donations and grants hold on trust subject lo specific conditions by donors as lo how they may be used. At 1 April 2024 Incoming R8$ources resources expended TnSferS At 31 PAarch 2025 Fixed Assets James Reckilt Foundation Keepmoat Morrisons Foundation Hull City Gouncil Healthy Holidays Hull Maritim9 13.937 1,000 1,000 £1.9121 (1,0001 (1,0001 3,30D 3.650 3,000 2,664 3,OOD 13.000) (2,364) 13,UOO) 30a 15,937 12,314 19,276) 300 19.275 Previous year: At 1 Aprll 2023 Incoming resources Rè50urcas expended Transfors At 31 March 2024 Flxed A88el8 Fundraising Tho Brelms Trust Hull Activity Gran19 James Reckitt Foundation Keepmoal 15,153 1,150 11,2161 11,1501 14,8601 11,0001 13,937 4.B60 1.000 1,000 1.000 1.000 1,000 16,303 7,860 18,226) 15,937 17 Unrestrlcted funds The unreslricled funds of th8 charity Comprlse the uDexpend&d balanGos of donations and grants ¥¢ are not subje¢l lo specific conditions by donoT5 and grantors a5 to how they may bo usod. These include de$lgnated funds which have been sel aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2024 Incomlng resources .Resources expon¢ed Tr.ansfer5 At 31 March 2025 Redundantty Fixed Assets G9neral funds 12,819 4,548 107,425 12.819 3.804 88.544 (7441. (169,4851 150,904 (3001 124,79 150,904 1170,2291 (3001 105,167 15-
HULL SCRAPSTORE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Unrestrlcted funds (Gontinuedl PVIouS year". At 1 Aprll 2023 Inooming resources Resources eipended Transfers At 3q Mah 2024 Redundancy Fixed Assets General funcls 12,819 12,819 1899) (160,284) 109.753 157.957 107.426 128,01B 157,957 (161.1831 124,792 18 Analysis'of nèt assets between funds Unrestrlcted funds 2025 Restrlcted fvnd$ 2025 Total 202S "At 31 Pdlarch 2025: Tangible assets Current 895etsllllabllFtle81 3,804 101,363 15,325 3,950 19,12g 105.313 105,187 q24,442 Unrestricted funds 2024 Rgstricted funds 2024 Total 2024 At 31 March 2024: Tangible as$8ls Current assetsl(liabilitig8) 4,549 120,243 13,937 2,000 18.486 122,243 124.792 15,937 140.729 19 Related paty transactlons There were no disclosable related party tran5action5 during thè year (2024- non