Firefox aboul..blank SOUTHAMPTON SCRAPSTORE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 The trustee5 present their Annual Report and Account5 for the year ended 31 March 2021. The board of trustees are satisfied with the performance of the charrty during the year and the position at the 31st March 2021 and consider that the charity is in a satisfactory position to continue its activities during the coming year, and that the charivs assets are adequate to fulfil its obligations. In the coming year. we will focus on increasing memberships and fundraising in view of increasing rent and funding costs. NAME, REGISTERED OFFICE AND CONSTITunoN OF THE CHARITY The full name of the charity is Southèmpton Scrapstore. Date of formation 2518189 The Principal Office 15 Unit 15. Belgrave Industrial Estate. &Juthampton. S017 3EA Charity Registration No 292075 The telephone number is 023 8040 2812 SUMMARY OF THE OBJECtS OF THE CHARITY AS SET OUT IN ITS GOVERNING ErfXUMENT The charity provides resources. materials and equipment for education and social development for the bernefit of children and the wider community. These resources are primarily'scrap. donated by businesses and accessed through a membership scheme, a small shop also being provided to supply members with complementary craft goods. PUBLIC BENEFITTHAT15 PROWDED BYTHE CHARITY The charity aims to give the whole community acces5 to resource5 through an affordable membership scheme. thereby improvirbg their conditions of life and promoting their educational. physical. and mental wellbeing. FINANCIAL REVIEW TRANsAloN5 AND FINANCWL posmoN The financial statements are set out on the following pages. The financial statements have been prepared implementing the 2005 Revision of the Ststement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales Irevised June 2(XJ81 and in accordance with the Financial Reporting Standard for Smaller Entities leffective April 2LK)81. As stated in the introduction to this report. the trustees consider the financial performance by the charity during the year to have been 5at15factory. THE MEMBERS OF THE BOARD OF THE TRUSTEES OF THE CHARITY DURING THE YEAR ENDED 31 MARCH 2021 WERE:. Louise Harris-scott (Chairl Ann Waller. Carol Clark. Graeme Harris-scott. Stephanie Griffiths. Clarissa Chav INDEPENDENT EXAMINER Jennifer Letheren 16 Steel House 4300 Parkwav Whiteley 1of6 2510112022, 08..52
Firefox aboul..blank SOUTHAMPTON SCRAPSTORE REPORT OF THE TRUSTEES l¢ontlnuedl FOR THE YEAR ENDED 31 MARCH 2021 STATEMENT OF TRUSTEES. RESPONSIBIUTIES The Charities Act requires the Board of Trustees to prepare financièl statements for each financial vear which give a true and fair view of the state of affairs of the charrty as at the end of the financial vear and of the surplus. In preparing those financial statements, the Board is required to: • Select suitable accounting policies and then apply them consistently Make judgments and estimates that are reasonable and prudent Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business ¥ State whether applicable accouniin8 Standards and statements of recommended practice have been followed. subject to any mateTial departures disclosed and explained in the financial statements The Trustees are also responsible for maintaining adequate accounting records which disc105e with reasonable accuracy at any time the financial position of the charity and which are Sufficient to Show and explain the chariws tran5action5 and enable them to ensure Ihat the firhancial staternernt5 comply with regulation5 under the Charities Act. They are a150 responsible for safeguarding the asset5 of the charity and hence fortaking reasonable step5 for the prevention and detection of fraud and other irregularities. The trustees are also responsible for the contents of the trustees. report, and the responsibility of the independent examiner in relation to the trustees. report is limited to examining the reFy)rt and ensuring that on the face of the pOrt. there are no inconsistencies with ihe figures disclosed in the financial statements. This report was approved by the board of trustees on 2710712021 of6 2510112022, 08..52
Firefox aboul..blank SOUTHAMPTON SCRAP STORE eglstered Charlty No. 292075 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 3of6 2510112022, 08..52
Firefox aboul..blank INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHAMPTON SCRAP STORE FOR THE PERIOD ENDED 31 MARCH 2021 I report on the financial statements which are set out hereto. Respeclive Respon5ibilitie5 of the Trustee5 As the charity'5 trustees you are re5pon5ible for the preparation of the accounts. You consider that the audit requirement of section 43121 of the Charities Act 1993 Ithe Act) does not apply. It is my re5pon5ibility to state. on the basi5 of procedure5 Specified in the General Direction5 given by the Charity Commissioners under section 43171 Ibl of the Act. whether particular matters have come to my attention. Basls of Independent Examlnees Report My examination was carried out in accordan with General Direttions given by the Charity Commissioners. An Examination includes a review of the accounting records kept by the charity and a comparison of ihe accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from you as trustees concerning such rnatter5. The ProdureS undertaken do not provide all the evidence that would be required in an audit. and Consequent I do rbot express an audit opinion on the view given by the account5. Independent Examlner's Statement In my opinion the financial statements give a true and fair view of the state of the Charity's affairs at 31 March 2021 and of its results for the period then ended and have been properly prepared in accordance with the provisions of the Companies Act 1985 applicable to small companies. Grant income durin8 the period was ¢ewed as a result ofthe Covid-19 pandemic. {er £21.(KXI wès received from Southèrnpton City Council. a further approx.. £6.IMXI was [el¥ed from the HMRC JRS scheme. and £3.(KK) from Southampton Voluntary Services. Jennifer Letheren 16 Steel House 4300 Parkwav Whiteley P015 7FP of6 2510112022, 08..52
Firefox aboul..blank soutHAMPTON SCRAPSTORE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING 31 MARCH 2021 2021 2020 Income Sales Grants Bank Interest Received 13,061.76 29,576.67 33.67 34,255.00 42.672.10 34,260.00 Cost of Goods Soldlshop Stock Direct Expen5e5 Depreciation Advertising & Marketing Audit & Accountancy fees Bank Fees Cleaning & Waste Collection Consulting Employers National Insuran General Expenses Insurance IT Software and Consum3ble5 Legal Expernse5 Light. Power. Heating Motor Vehicle Expenses Paypal Fees Pensions Costs Printing & Stationery Rate5 740.61 1.242.00 24.94 4,750.IKS 70.(KI 650.1 4.749.00 56.(M) 69.56 588.00 308.88 244.32 1.090.00 83. 597.64 671.71 643.00 2.842.86 1.032.00 501.48 1,231.35 1.629.00 46.56 458.49 280.IJ) 483.00 1.139.61 13.236.92 2,533.00 7.901.00 1,190.00 15.645.00 129.00 Rent Repairs & Maintenance 5313ries Staff Training Subscriptions Telephone & Internet Water 13.326.56 194.58 86.34 345.00 873.36 254.67 42.324.34 907.(V) 41.042.CKJ Excess Income over Expenditure 347.76 6,782.LX) 5of6 2510112022, 08..52
Firefox aboul..blank SOUTHAMPTON 5CRAP5TORE BALANCE SHEET AS AT 31ST W4RCH 2021 2021 2020 Flxed Assets Leasehold Land and Building5 Motor Vehicles 7741 12491 7741 12491 Current Assets Bank Account5 Debtors Stocks 21910 15370 31 3100 Totsl A55ets 32751 30961 Current abilItieS Trade Creditor5 Tax and other creditors -38 272 Total Llabllltles 272 -38 Total Assets 32479 Income & Expendlture Accounts Balance brought forward Add.. Exces5 of Income over Expenditure for the year 32131 38913 -6782 32479 32131 TRUSTEES Chairman Trustee of6 2510112022, 08..52