OpenCharities

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2024-11-17-accounts

People Against Plastic Pollution

Phone: 07717 287 619 Haynemoore Cottage E-mail: thorpy@papp.charity Shillingford Website: www.papp.charity EX16 9DQ

Written by Will Thorpe

Financial Review for Trustees' Annual Report

Financial Summary

During the reporting period, the charity managed its financial activities primarily through its PayPal account. The charity saw a steady stream of public support through individual donations and subscriptions, as well as the PayPal Giving Fund.

The PayPal Giving fund is not a giving fund at all. It actually a vessel through which money passes that members of the public have donated via “pick a charity” option on ebay etc. We note this here to point out generosity of the public rather than PayPal Giving Fund.

Total incoming resources for the period amounted to £821.60. Total resources expended to support the charity’s objectives and operations amounted to £832.99.

Reserves Policy

The year-end balance in the PayPal account stands at £411.28. These funds are held as unrestricted reserves to cover upcoming operational costs and project-related expenses. The trustees continue to monitor the balance between incoming public donations and the necessary transfers from the main bank account to maintain a sustainable operating model.

Description Unrestricted Funds (£)
Incoming Resources
Voluntary Income (Donations/Subs) £327.26
PayPal Giving Fund £85.78
Bank Transfers (to PayPal) £406.64
Other Income (Cashback) £1.92
Total Income £821.60
Resources Expended
Operational & Project Costs £821.24
Shipping & Logistics £11.75
Description Unrestricted Funds (£)
Transaction Fees £8.30
Total Expenditure £841.29*
Net Movement in Funds -£19.69

During this period (apolgies owing to delay in submitting accounts, the 1.9 toms metioned in last years report was for the wrong period, so sorry about that. Our annual tonnages can be seen on our website: https://papp.charity/blog/

All the best,

Will

Registered Office: Haynemoore Cottage, Shillingford, Devon. EX16 9DQ

Charity Number: 06937789 08-92-99 Acc Number: 67273935

Sort Code:

08-92-99