FISH VOLUNTEER CENTRE (Reg. Charity No. 1189325) Treasurer’s Report 2023-24
Commentary
For the period April 2023 – March 2024
FISH Volunteer Centre, charity number 1189325, is an incorporated charity with a gross income of less that £250,000 per annum. The annual accounts are reported as Receipts and Payments with a year-end assets and liabilities statement.
FISH is in a healthy state financially, though we are likely to have to replace the minibus in the next few years. I would like to thank all the people who have donated or regularly donate to our Charity.
During 2023-2024 the INCOME was £39,353.51. This is approximately 34% lower than the previous year 2022-2023 when the income was £60,021.61.
Most of this decrease was the result of a decrease in donations as in 2022-2023 we received a large single donation. However as in previous years a large part of our income came from donations.
The car driving income was steady at £8816 for the year; compared with £7712, £8804, £7,900 and £8,261 in previous years.
A new investment account was set up in April 2023 with the United Trust Bank. We also opened two deposit accounts with NatWest earlier in 2024 which are now starting to accrue interest.
We also applied for and received £2531.93 in Gift Aid.
PAYMENTS for the year were £18,687.02, £1,663.26 (10%) more than the previous year total of £17,023.76. This is mainly a result of increased Utilities and Council Tax costs.
Miscellaneous items costs include a new laptop computer.
The resulting SURPLUS for the year April 2023 – March 2024 was £20,666.49.
The total of the bank balance and investments at the end of the year was £147,506.50 with petty cash of £487.
This allows RESERVES as follows: New Minibus Reserve: £100,000; IT Reserve: £15,000; and an Operational Reserve of £10,000. This leaves £22,506.50 in the general fund.
NOTES
We will apply for Gift Aid again later this year.
Thank you to David Whitehead who collects all the cash and cheques from the office, pays them into the bank and records every transaction on the spreadsheet, no small task!
Thanks also to Geoff Ward whose advice and assistance with the spreadsheet has been invaluable.
And to Brian Cresswell who is the Independent Examiner of our accounts,
Treasurer: Helen Fitchett 7th July 2024
FISH Volunteer Centre Accounts for the year ended 31st March 2024 Receipts and Payments Account
Charity number 1189325
| Charity number 1189325 | |||||
|---|---|---|---|---|---|
| 2023-2024 | 2022-2023 | ||||
| (Apr 1 - Mar 31) | (Apr 1 - Mar 31) | ||||
| Receipts | £ | £ | £ | £ | |
| Car Service | Donations through Car Drivers | 8,815.57 | 8,815.57 | 7,712.05 | 7,712.05 |
| Minibus | Fares | 3,720.40 | 2,972.75 | ||
| Other Hire | 410.00 | 410.00 | |||
| SODC Bus Passes | 6,932.50 | 6,430.00 | |||
| Bus Sponsorship | 0.00 | 1,450.00 | |||
| Dept. for Transport – Fuel Rebate | 186.43 | 11,249.33 | 429.79 | 11,692.54 | |
| Other Donations | Regular Donations | 2,835.00 | 2,975.00 | ||
| Donations | 12,940.86 | 15,775.86 | 36,973.75 | 39,948.75 | |
| Other Income | |||||
| Tea Parties | 788.58 | 668.27 | |||
| Gift Aid | 2,531.93 | 0.00 | |||
| Miscellaneous | 0.00 | 0.00 | |||
| Deposit Interest | 192.24 | 3,512.75 | 0.00 | 668.27 | |
| Total | 39,353.51 | 60,021.61 | |||
| Payments | |||||
| Direct Charitable | Expenditure | ||||
| Car Service | Drivers Expenses | -4,939.58 | -4,939.58 | -3,980.29 | -3,980.29 |
| Minibus | Fuel | -2,058.94 | -2,183.60 | ||
| Servicing and Repairs | -2,778.81 | -715.95 | |||
| Tax and Insurance | -1,796.32 | -1,409.39 | |||
| Other | -581.71 | -7,215.78 | -151.00 | -4,459.94 |
| Office Expenses | Rent, Council Tax, Electricity, Cleani | -2,957.77 | -2,299.94 | ||
|---|---|---|---|---|---|
| Staff Costs | 0.00 | -43.20 | |||
| Telephone | -188.40 | -445.42 | |||
| Stationery | -134.47 | -503.30 | |||
| Computer Expenses | 0.00 | -1,317.96 | |||
| Sundries | -943.69 | -4,224.33 | -555.47 | -5,165.29 | |
| Other Expenditure | Tea Parties | -916.74 | -1,469.82 | ||
| Equipment | -972.11 | -454.98 | |||
| Newsletter | -232.00 | -450.00 | |||
| Home Visiting | -186.48 | ||||
| Miscellaneous | -2,307.33 | -1,043.44 | -3,418.24 | ||
| Total | -18,687.02 | -17,023.76 | |||
| Operating Surplus/Deficit for Year | 20,666.49 | 42,997.85 | |||
| Minibus | Minibus (sale of) | 0.00 | 0.00 | ||
| Minibus (purchase of) | 0.00 | 0.00 | 0.00 | 0.00 | |
| New Premises | Receipts - Fund Raising | ||||
| Grants received | 0.00 | ||||
| Expenses/costs | 0.00 | 0.00 | |||
| Transfer funds from | old to new FISH | 0.00 | 0.00 | ||
| Non- Operating Surplus/Deficit for Year | 0.00 | 0.00 | |||
| Net Surplus/(Deficit) | for the year | 20,666.49 | 42,997.85 |
Statement of Assets and Liabilities as at 31st March 2024
| Monetary Assets Bank and Cash Balances Natwest Current Account (New) United Trust Bank NatWest Deposit Account Cash Total for general purposes funds as above Assets retained for the Charity's own use Minibus Signed: …...Helen Fitchett.......................................... |
2024 £ 42,314.26 75,000.00 30,192.24 486.57 147,993.07 Date: 7th July 2024 |
2023 £ 126,921.73 404.85 |
|---|---|---|
| 127,326.58 | ||
Treasurer
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustfjes Fish volunteer Centre On accounts for the year endod 31¥1 March 2024 Charity no Irf any) 118325 Sot out on page8 I report to the trustees on my examination of the accounts of the above charrty (Ihe Trusf) for the year ended 3110312024. Rosponslbllltle8 and ba•18 of roport As the chantys trustees, you are responsible for the preparation of the accounts in accordan wrth the requirements of the Charities Act 2011 (Ihe Acr) I report in respect of my examination of the Trust's account8 carried out under sethon 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Diredions given by the Charty Commission under se(on 145(5)(b) of the Ad. Independent examlner'8 Statement I have completed my examination. I confinn that no material matter8 have come to my attention in connection wth the examinats'on I have no concems and have come across no other matters in connection wrth the examination to Nthich attention should be dravm in this report in order to enable a woper understanding of the acLounts lo be reached. ' Please delete the words in th8 brackets rf they do not apply. Slgn•d: 7th July 2024 Nam•: Bnan Cresswell Relevant profe8slonal qualification(s) or body (If any): Addr•88: Wayang, Gallowstree Road. Peppard Common Oxon. RG9A Section B Disclosure