Report to the AGM Trinity Bookshop Trust 2022
We are thankful for the completion of a number of matters this year which were outstanding: repair of wall on the upstairs landing, stair carpet, new heating system and lease agreement.
Our volunteers have worked hard not only to do their regular sessions but to fill in gaps in the rota which has meant that we have been able to continue the new arrangement to have 2 volunteers each day from 10am to 3pm 6days a week. Judy Crook has been active in finding and training new helpers but of course we welcome more offers. Although it would be good to extend our opening hours, retailers in Matlock are still working flexibly some choosing to close on Mondays.
There is a significant change in the type of shopping in Matlock reflecting the increase in newcomers and tourists. Key systems in the shop have been affected by retirement of long serving helpers and finding replacement on the IT side and suitable software for sales and stock control difficult. The website now that Ann Barry is leaving will need to be reviewed. A small group has met to look at publicity and a system to make contact with local churches in the wider area initiated, this has already produced some good results. Bookstalls have been successful but it has been more difficult to support larger conferences.
We have opened up our Upper room for rest and refreshments during the Victorian weekend but it has not had the same use as before Covid. The regular Monday prayer meeting continues, the healing group meets fortnightly. Church on the Bus meets every Tuesday. A further room will be added when our tenant moves to Wirksworth. We need greater vision to fulfil promises made concerning these rooms. We continue to support Matlock Area Schools Trust and Jigsaw Food Bank.
Amanda Thomas has joined our small group of trustees bringing her practical experience to our discussions. Andy Kawalek has been active overseas especially in Ukraine and we have been able to support him. Despite fewer meetings we have all worked well together and a tea meeting gave an opportunity to all to meet up.
Our AGM hosted by Steep Turnpike provided an interesting opportunity to meet Neil Batty the MD of Potters House which supplies our cards and gifts It was well attended.
We look to strengthening our trustees numbers to bring in a continuing vision for the future. And are thankful for the local support we have from regular customers across a wide area due to fewer Christian bookshops available.
We are grateful for your continuing prayer.
Bernice Smith Chair Trinity Bookshop Trust.
John 10 v. 16 I have other sheep who are not in this fold, I must bring them also and they will hear my voice.
TRINITY BOOKSHOP
Working name: Cornerstone Bookshop
Registered Charity number 510203
STATEMENT OF ACCOUNTS
YEAR ENDED 31 DECEMBER 2022
TRINITY BOOKSHOP
LEGAL AND ADMINISTRATIVE DETAILS 2022
Trustees
Miss J. M. Crook Mr D. A. Green Mrs B. Smith Mr A. Kawalak Mrs A.Thomas
Charity Correspondent
Mr. D. A. Green
Independent Examiner
Tracy Lewis
Registered address of charity
2 Dale Road Matlock Derbyshire DE4 3LT
Bankers
CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ
Registered Charity Number
510203
Regulation
Constitution adopted 21st April 1980
Page 1
TRINITY BOOKSHOP
INCOME & EXPENDITURE
FOR THE YEAR ENDED 31ST DECEMBER 2022
| Note | 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Funds | Funds | |||||
| £ | £ | |||||
| Resources arising | ||||||
| Sales | 52,977 | 41,654 | ||||
| Bank interest | 805 | 416 | ||||
| Upper room hire and rental | 1,200 | 1,200 | ||||
| Grant from DDDC for Covid-19 | - | 12,336 | ||||
| Gross resources arising in the year | 54,982 | 55,606 | ||||
| Resources used | ||||||
| Direct Charitable Expenditure | ||||||
| Purchases for resale | 38,719 | 25,172 | ||||
| Advertising | - | 122 | ||||
| Bank charges | 891 | 1,244 | ||||
| Book sellers and conference | 150 | 150 | ||||
| Cleaning | 920 | 690 | ||||
| Computer | 24 | 38 | ||||
| Copyright | 30 | - | ||||
| Electricity | 6,381 | 1,564 | ||||
| Gifts | 3 | 2,320 | 191 | |||
| Internet | 112 | 247 | ||||
| Insurance | 688 | 370 | ||||
| Lease | 2,236 | - | ||||
| Maintenance | 509 | 32 | ||||
| Miscellaneous | 115 | 416 | ||||
| Postage and stationery | 17 | 80 | ||||
| Rates | 230 | 117 | ||||
| Rent | 7,800 | 7,648 | ||||
| Telephone | 1,321 | 239 | ||||
| Travel | 227 | |||||
| Water | 73 | 92 | ||||
| Window cleaning | 159 | 127 | ||||
| 62,696 | 38,766 | |||||
| Governance Costs | - | - | ||||
| Resources used in year | 62,696 | 38,766 | ||||
| NET MOVEMENT IN RESOURCES IN YEAR | -7,714 | 16,840 |
Page 2
TRINITY BOOKSHOP
RECONCILIATION OF FUNDS
FOR THE YEAR ENDED 31 DECEMBER 2022
| Balance brought forward 1st January 2022 Net movement of resources in year Balance carried forward 31st December 2022 Represented by Stock 2 Debtors Cash at bank - Current Account Cash at bank - Deposit Account Current liabilities Long term liabilities Total net assets 31st December 2022 |
2022 Total Funds £ 128,946 -7,714 121,232 22,358 - 25,719 74,220 (1,065) - 121,232 |
2021 Total Funds £ 112,106 16,840 128,946 |
|---|---|---|
| 30,967 - 25,602 73,438 (1,061) - |
||
| 128,946 |
Page 3
TRINITY BOOKSHOP
STATEMENT OF FINANCIAL ACTIVITY
AS AT 31 DECEMBER 2022
| Current Assets Stock Debtors Cash at Bank: Deposit Account Cash at Bank: Current Account Creditors: amounts falling due within one year Net Current Assets Creditors: amounts falling due after one year NET ASSETS Funds Unrestricted Funds as at 1 January 2022 Net Movement of Resources in Year UNRESTRICTED FUNDS AS AT 31 DECEMBER 2022 |
NOTE 2 |
|
|---|---|---|
These financial statements were approved on ……............................................
………………………………………..
Trustee
Page 4
TRINITY BOOKSHOP
NOTES TO THE ACCOUNTS - 31 DECEMBER 2022
1 Accounting Policies
These accounts have been prepared in accordance with the recommendations of the Charities Statement of Recommended Practice.
2 Stock
Stock is valued at 60% of the normal selling price. This equates to the average mark-up level of stock.
3 Gifts made in the year
| The following gifts were made: Jigsaw Foodbank, Matlock (CiTP) Hope for Life Ministries (Romania) Andy Kawalek's work in Ukraine (via STEC) UCB (United Christian Broadcasters) |
£ 1,200 500 500 120 |
|---|---|
| 2,320 |
Page 5
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY BOOKSHOP
I report on the accounts of Trinity Bookshop (registered charity number 510203) for the year ended 31 December 2021 which are set out on pages 2 to 5.
Respective Responsibilities of Trustees and Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b)) of the Charities Act; and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
………………………………………………….
31st July 2023
Page 6
flux
TRINITY BOOKSHOP
DETAILED ANALYSIS OF PURCHASES FIGURE
FOR THE YEAR ENDED 31ST DECEMBER 2022
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Funds | Funds | |||||
| £ | £ | |||||
| Resources arising | ||||||
| Sales | 52,977 | 41,654 | ||||
| Bank interest | 805 | 416 | ||||
| Upper room hire and rental | 1,200 | 1,200 | ||||
| Grant from DDDC for Covid-19 | - | 12,336 | ||||
| Gross resources arising in the year | 54,982 | 55,606 | ||||
| Resources used | ||||||
| Direct Charitable Expenditure | ||||||
| Purchases for resale | 30,106 | 25,172 | ||||
| Less: Opening creditors | (1,061) | (727) | ||||
| Add: Closing creditors | 1,065 | 1,061 | ||||
| Add: Opening stock | 30,967 | 30,633 | ||||
| Less: Closing stock | (22,358) | (30,967) | ||||
| Add: Opening debtors | - | - | ||||
| Less Closing debtors | - | - | ||||
| 38,719 | 25,172 | |||||
| Advertising | - | 122 | ||||
| Bank charges | 891 | 1244 | ||||
| Book sellers and conference | 150 | 150 | ||||
| Cleaning | 920 | 690 | ||||
| Computer | 24 | 38 | ||||
| Copyright | 30 | 0 | ||||
| Electricity | 6,381 | 1564 | ||||
| Gifts | 3 | 2,320 | 191 | |||
| Internet | 112 | 247 | ||||
| Insurance | 688 | 370 | ||||
| Lease | 2,236 | 0 | ||||
| Maintenance | 509 | 31 | ||||
| Miscellaneous | 115 | 417 | ||||
| Postage and stationery | 17 | 80 | ||||
| Rates | 230 | 117 | ||||
| Rent | 7,800 | 7648 | ||||
| Telephone | 1,321 | 239 | ||||
| Travel | 227 | |||||
| Water | 73 | 92 | ||||
| Window cleaning | 159 | 127 | ||||
| 23,977 | 13,594 | |||||
| Governance Costs | - | - | ||||
| Resources used in year | 62,696 | 38,766 | ||||
| NET MOVEMENT IN RESOURCES IN YEAR | (7,714) | 16,840 |
3
TRINITY BOOKSHOP ANALYSIS OF BALANCE SHEETS
| Stock Debtors Cash at bank - Current Account Cash at bank - Deposit Account Current liabilities Long term liabilities Total net assets 31 December in each year Movement between years (equals profit/(loss) |
2022 2021 £ £ 22,358 30,967 - - 25,719 25,602 74,220 73,438 (1,065) (1,061) - - 121,232 128,946 (7,714) 16,840 |
2020 £ 30,633 - 24,178 58,022 (727) - 112,106 10,354 |
2019 £ 26,512 - 19,264 57,476 (1,500) - 101,752 11,857 |
2018 £ 27,245 - 6,515 56,811 (676) - 89,895 5,435 |
2017 £ 24,441 - 14,647 45,791 (419) - 84,460 5,920 |
2016 £ 23,962 - 10,779 45,356 (1,557) - 78,540 6,513 |
2015 2014 2013 £ £ £ 22,134 22,985 24,313 - 11 177 5,220 5,102 4,708 45,328 45,231 47,681 (655) (1,182) (4,536) - - - 72,027 72,147 72,343 (120) (196) |
2013 £ 24,313 177 4,708 47,681 (4,536) - |
|---|---|---|---|---|---|---|---|---|
| 72,343 |
PENDENT NER'S RE THET EES OF I rer (m the accourrts of Trinty PthkSIp (register&J charity number 5102031 for the year wdad 31 Decemtsr 2021 whrh are set [rt on pages 2 to 5. ivo R•s on ibilitles The charty'5 trustees are responsbl8 for the preparaty)n of the &counts. The charty's trustees Ccslef that an audrt is not requir for this year und8r 144 cOth8 Charit$ kt 2011 (the Charths Acti arKt that an independent exam¥dDn is needed. tt L8 my r8sponsbthty to: examvie the accounts under sectNJn 145 of th8 Charths Act., to folow the prc¢edures LaKI dthvn n the general DwectDns gvien by Ihe Charity CommiSsn (under secn 145(5)(bl) of the Charit kt; and to stats whother pathukr matters hav8 com8 to my attentw)n. asl of In My examinalK)n was carrd out ui accordanc8 with gewal drecti)r6 wen by th8 Charty Commissi)n. An examinatp)n cd&S a revw of the acecAJnllng records kept by the charty and a comparison of the accounts presented with rOrdS. It also knCkeS cons1Jerat of any unusual items or disck)sur8s in the accryjnts and se8kng 8xpLqnations from you as trustaes concerning any such matt8rs. The prccedures undertaken do Thjt provJe al the evxlencé that W] be rewir&d in an aud6t, and consoquendy no opKIkn B given as to whether the accwnts prosent a and fair v18w and the report 15 lknited to thos8 matiers sd out n the statsment bebw. In COnnecn with my examinatK)n. rnaltsr has ccrn to my attenlx)n.' (11 whkh gNes me reasonab cause to bthv8 thai li any rna1 respoct. the requtrements.. to keep accounting records n accordanc8 wlh Sect% 130 of th8 Charles Act,. and to prepare accounts whrh e0rd with the a¢countThJ rec(Yds and compty with the aCCntg requlrements of th8 Charitbs kt have not b88n mat or {2) to which. my opknbn, attentK)n sk1 be drawn to enat* a proper understandkng of the accounts to be rèached. 31st Juty 2023 P3gc 6