## **Trustees’ annual report (including Directors’ report) for the period** ## **From: 01 July 2024 Charity name: Orinoco – The Oxfordshire Scrapstore Charity registration number: 1195735** **To: 30th June 2025** ## **Company number:** ## **Objectives and activities** |||| |---|---|---| ||SORP
reference|| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|Our objectives are:
(1) to protect and preserve the environment for public
benefit, particularly, but not exclusively by:
(a) promoting recycling, use of recycled products and
the use of surplus or scrap; and by
(b) advancing the education of the public about waste
recycling and use of surplus or scrap.
(2) to advance arts and crafts, particularly, but not
exclusively by:
(a) facilitating the use and provision of recycled, scrap
or surplus materials as a creative resource to adults and
children with the aim of improving their social welfare
and conditions of life; and mental health and wellbeing;
and by
(b) inspiring individual and group creativity for the
public benefit and for the benefit of the environment.| |Summary of the main
activities in relation to
those purposes for the
public benefit, in particular,
the activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Our principal activities are:
• running two ‘scrapstores’ in Templars Square
Oxford and Banbury, where unwanted items are
sold at affordable prices to facilitate artistic
endeavour and creative play,
• selling donated scrap items for art, craft, play and
creative projects, as well as new art materials,
vintage items, refurbished tools and DIY
equipment,
• running workshops, craft lessons, parties and
events, and
• repairing and testing useable small electrical
equipment, giving new life to household items.| |Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit|Para 1.18|The Trustees have paid due regard to the Charity
Commission’s guidance on public benefit and confirm that
Orinoco exists and operates exclusively for charitable
purposes to benefit the public| ## **Additional information (optional)** |||| |---|---|---| |You may choose to include
further statements where
relevant about:|SORP
reference|| |Policy on grantmaking|Para 1.38|Orinoco does not make grants.| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|Volunteers remain vital to Orinoco’s work and
are drawn from every walk of life. They
contribute by sorting and organizing donated
stock, engaging with customers and
supporting craft workshops and events.
Volunteers’ talents and skills are also used to
repair and recycle discarded items, from
making bunting commissions for weddings to
reviving garden tools. During the financial
year 2024-25, the charity benefited from
9,710 hours of volunteers’ work, equivalent to
1,387 day’s work (7 hrs per day).| |Other||| ## **Achievements and performance** |Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.|Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.||| |---|---|---|---| ||Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.|Para 1.20|Over 25 tonnes (25,693kg) of redundant re-
useable materials were diverted from landfill back
into re-use for the benefit of the local community
and to protect the environment. This represents
a 14% increase on the previous year.
Orinoco Banbury continued to engage in
community activities, offering play and
crafting opportunities at external events, as
well as providing a wide range of in-store
activities, including regular support to home-
schooled children. Staff and volunteers also
created children's art packs to pass to local
food banks for distribution.
Orinoco Oxford took part in the annual Green
Fair at Oxford City Hall, and continued to raise
awareness of recycling, re-use and reduce.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements
against objectives
set|Para 1.41|The charity addressed some historic Board
recruitment challenges, with three new Trustees
joining in April 2025. This has brought a
renewed focus on governance; a new meeting
cycle was devised to improve oversight and
decision-making, with appointments made to
the roles of Chair, Treasurer and Secretary to
focus specifically on leadership, financial
operations and administrative tasks respectively.
A major project was also launched to strengthen
and refresh core policies, particularly those
related to regulatory compliance.| |Performance of
fundraising activities
against objectives set|Para 1.41|Both Oxford and Banbury stores continued to
inspect, test and repair unwanted electrical
items, offering them for re-sale at affordable
prices. Income from this WEEE Project (Waste
from Electrical & Electronic Equipment) has
been particularly important at the Oxford
store, accounting for nearly a quarter of gross
till income. The Banbury store continued to
consolidate its local reputation as a creative
hub, with a strong out-turn in fabric, wool,
haberdashery, art & craft material sales
(together representing 60% of gross sales).
The Banbury store café, ‘Coffee Corner’, ran
successfully throughout the year, drawing in
customers and providing space for events and
meetings.| |Investment
performance against
objectives|Para 1.41|N/A| |Other||| ## **Financial review** |**Financial review**||| |---|---|---| |||| |Review of the charity’s
financial position at the
end of the period|Para 1.21|Orinoco reduced its operating deficit to -£3,503
in 2024-25 (from -£10,320 in 2023-24). The
improvement was partly due to an 8% increase
in overall shop sales and partly to vigilant cost
control in other areas. As for many charity and
other retailers, Orinoco faced increased
expenditure in staffing costs, utilities and
insurance but, thanks to careful stewardship in
previous years, there are sufficient reserves to
meet the deficit.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees believe Orinoco should hold
sufficient financial reserves to facilitate
winding down of the charity’s operations in
the event of ceasing to operate on a
permanent basis.
To achieve this, Orinoco’s reserves policy is to
hold unrestricted funds equivalent to three
months’ operating costs. Sums have also been
earmarked to fulfil statutory and lease
obligations.| |Amount of reserves held|Para 1.22|Trustees have set a level equivalent to three
months operating costs as a contingency, to
protect future operation from the effects of
any unforeseen variations in income and
expenditure. Designated reserves have also
been set aside to fulfil commitments in relation
to staff notice and redundancy costs, as well as
leasehold obligations. Total actual reserves
held are £35,000.| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|No funds are materially in deficit.| |Explanation of any
uncertainties about the
charity continuing as a
going concern|Para 1.23|Trustees are keenly aware of the need to plan
for future sustainability and development.
Work is underway to improve internal
financial controls and oversight and, once the
major policy review project is complete, it will
be possible to undertake a thorough business
review to examine viability and options for
increasing revenue streams, including
fundraising from external source.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The charity’s main source of income is sales
revenue from the two scrapstores.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the
principal risks facing the
charity|Para 1.46|The renewed focus on governance, paying
particular attention to regulation and
compliance, will involve increased reliance on
free reserves.
The ongoing cost of living crisis continues to
impact on costs, salaries and other essential
expenditure, as well as on customers needing
to prioritise their spending choices. This puts
pressure on the staff and volunteers, who
nevertheless all continue to meet the many
day-to-day challenges.| |Other||| ## **Structure, governance, and management** |||| |---|---|---| |Description of
charity’s trusts:||| |Type of governing
document: for example,
trust deed, memorandum
and articles of
association etc|Para 1.25|Constitution| |How is the charity
constituted?
for example, limited
company, unincorporated
association,
CIO|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled
to appoint one or more
trustees|Para 1.25|Individuals with relevant skills and expertise
are invited to apply to join the Board.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|New Trustees are supplied with the Annual
Report & Accounts, meeting minutes and CC3,
The Essential Trustee: What You Need to Know.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|Orinoco is managed by the Board of Trustees.
Towards the end of 2024-25, the Board agreed
to meet on a bi-monthly basis, and set up a
monthly sub-group, comprising Trustees and
managers from both stores, to begin the policy
review project.
Orinoco also maintains links with District, City
and County councils in Oxfordshire.| |Relationship with any
related parties|Para 1.51|None| |Other||Orinoco The Oxfordshire Scrapstore was
founded and registered as an unincorporated
charity in 1994. It changed its status in 2021
when it applied to the Charity Commission to
become a Charitable Incorporated Organisation.
This was granted in September 2021 and the
new CIO launched later that year, with the
Oxford store re-locating to shopping centre
premises in Cowley and the Banbury store
opening as a new venture.| ## **Reference and administrative details** |Charity name|Orinoco - The Oxfordshire Scrapstore| |---|---| |Other name the charity uses|ORINOCO| |Registered charity number|1195735| |Charity’s principal address|77 Harefields, Oxford OX2 8NR| ## **Names of the charity trustees who manage the charity** |||||| |---|---|---|---|---| ||**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |1|Marlen I Llanes|Treasurer|Appointed Treasurer, 1 May 2025|----------| |2|Zohra Jenkinson|Co-Chair|Appointed Co-Chair, 1 May 2025|----------| |3|Victor Lal|||----------| |4|Charlotte Sutton|Co-Chair|Appointed as Trustee, 10 April 2025,
appointed Co-Chair 1 May 2025|----------| |5|Sue Ellis|Secretary|Appointed as Trustee, 10 April 2025,
appointed Secretary 1 May 2025|----------| |6|Anne Tweddle||Appointed as Trustee, 10 April 2025|----------| Corporate trustees – names of the directors at the date the report was approved **Director name** N/A Name of trustees holding title to property belonging to the charity |Name of trustees holding title to|property belonging to the charity| |---|---| |**Trustee name**|**Dates acted if not for wholeyear**| |N/A|| ||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets held in this
capacity|N/A| |---|---| |Name and objects of the charity on
whose behalf the assets are held and
how this falls within the custodian
charity’s objects|N/A| |Details of arrangements for safe
custody and segregation of such
assets from the charity’s own assets|N/A| ## **Additional information (optional)** ## **Names and addresses of advisers (optional information)** |||| |---|---|---| |**Type of Adviser**|**Name**|**Address**| |Accountant: Accounting
and bookkeeping services
for the not-for-profit
sector|Sheila Parry|SPX Oxford Ltd, Peace House, 19 Paradise Street,
Oxford, OX1 1LD| ## **Name of chief executive or names of senior staff members (optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The company has taken advantage of the small companies’ exemption in preparing the report above. The trustees declare that they have approved the trustees’ report (including directors’ report) above. Signed on behalf of the charity’s trustees/directors** |Charlotte Sutton
Marlen Llanes
Marlen Ivette Llanes
Treasurer
Charlotte Louise Sutton
Chair
26 Feb 2026
26 Feb 2026
**Signature(s)**
**Full name(s**
**Position (for example Secretary,**
**Chair, etc**|Marlen Llanes|Charlotte Sutton| |---|---|---| ## **Charity Name No (if any) THE OXFORDSHIRE SCRAPSTORE 1195735 Receipts and payments accounts CC16a** **For the period** Period start date Period end date **To from** 01/07/2024 30/06/2025 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**160,440**
**-**
**1,560**
**-**
**-**
**379**
**-**
**-**
**162,378**
**-**
**-**
**-**
**162,378**
**1,762**
**-**
**66**
**1,349**
**9**
**2,251**
**363**
**-**
**33,000**
**113,322**
**21**
**996**
**5,097**
**4,624**
**632**
**48**
**194**
**-**
**1,646**
**355**
**-**
**-**
**165,735**
**-**
**-**
**-**
**165,735**
**3,357**
**-**
**-**
**77,642**
**74,285**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**146**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**146**
**-**
**-**
**-**
**146**
**146**
**-**
**-**
**11,641**
**11,495**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**160,440**
**-**
**1,560**
**-**
**-**
**379**
**-**
**-**
**162,378**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**160,440**
**-**
**1,560**
**-**
**-**
**379**
**-**
**-**
**162,378**
**-**
**-**
**-**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Sales|**160,440**|||||**148,624**| |Donations|**-**|||||**-**| |Events|**1,560**|||||**610**| |Transfer fromprevious charity|**-**|||||**-**| |Grants|**-**|||||**-**| |Interest|**379**|||||**355**| |Other|**-**|||||**1**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**162,378**|||||**149,590**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| |**Restrictedgrant**|**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||**162,378**||**149,590**| |||||**1,762**
**146**
**66**
**1,349**
**9**
**2,251**
**363**
**-**
**33,000**
**113,322**
**21**
**996**
**5,097**
**4,624**
**632**
**48**
**194**
**-**
**1,646**
**355**
**-**
**-**
**165,881**
**-**
**-**
**-**
**165,881**
**3,503**
**-**||| |Administration|**1,762**|||||**1,588**| |Grant expenditure|**-**|||||**1,247**| |Van Expenses|**66**|||||**516**| |Van Insurance|**1,349**|||||**499**| |Event|**9**|||||**31**| |Buildingand LiabilityInsurance|**2,251**|||||**1,433**| |Phone|**363**|||||**309**| |Van Diesel|**-**|||||**-**| |Rent|**33,000**|||||**29,000**| |Staff Salary|**113,322**|||||**107,648**| |Transportation for volunteer|**21**|||||**10**| |Volunteer subsistence|**996**|||||**931**| |Business Rates|**5,097**|||||**4,389**| |Utilities|**4,624**|||||**5,865**| |Café expenses|**632**|||||**1,497**| |Outreach expenses|**48**|||||**48**| |Staff travel and subsistence|**194**|||||**331**| |Small equipment|**-**|||||**2,974**| |Payroll / accountingfees|**1,646**|||||**1,135**| |Purchases|**355**|||||**-**| |Raisingfunds|**-**|||||**66**| |Trustee expenses|**-**|||||**390**| |**_Sub total_**|**165,735**|||||**159,910**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_**|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**159,910**| |||||||| ||**3,357**
**-**|**146**
**-**|**-**|**3,503**
**-**||**10,320**
**-**| ||**-**|**-**|**-**|**-**||**-**| ||**77,642**|**11,641**|**-**|**89,283**||**99,603**| ||**74,285**|**11,495**|**-**|**85,780**||**89,283**| CCXX R1 accounts (SS) 22/01/2026 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Savings Account
Business Account
Co-op account
Signature
Charlotte Sutton
Marlen Llanes|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**26,655**
**-**
**47,030**
**11,495**
**600**
**-**
**74,285**
**11,495**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Charlotte L Sutton
Marlen I. Llanes|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||Charlotte Sutton|Charlotte L Sutton|26/2/26| ||Marlen Llanes|Marlen I. Llanes|26/2/26| CCXX R2 accounts (SS) 22/01/2026 2 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name ORINOCO - THE OXFORDSHIRE SCRAPSTORE **members of On accounts for the** 30/06/2025 **Charity no** 1195735 **period ended (if any) Set out on pages** 3-4 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **30/06/2019** - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Date:** 02/04/2026 **Signed: Name:** Sheila Parry **Relevant professional** FCCA **qualification(s) or body (if any): Address:** SPX Oxford Ltd, Peace House 19 Paradise Street OX1 1LD 1 **October 2018** **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of** None **any items that the examiner wishes to disclose** . 2 **October 2018** **IER**