2024-03-31-accounts - Tools For Solidarity

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Tools For Solidarity

ANNUAL ACCOUNTS - Company Number: NI52306 (NI) 1st APRIL 2023 to 31st MARCH 2024

PROFIT & LOSS REPORT - Registered Charity Number: NIC100614 Including Statement of Financial Affairs

2022-23		INCOME	2023-24		Restricted	Unrestricted	Notes
	965	Building Society/Bank Interest		2448		2448
	19600	Donations		10414		10414
	26761	Grants (EVS)		14959		14959	2,
	73687	Grants Other		41794	41794		3,
	0	Other Income		1125		1125
	9760	Rent Income		8260		8260	4,
	1054	Scrap Metal Sales		1072		1072
	2958	VAT Refunds		1924		1924
	4698	Sewing Machine/Tools sales		2068		2068
	989	Gift Aid		545		545
	0	Yarn Sales		1223		1223
	365	Foreign Payments		205	205
	620	Fund Raising		320		320
	2404	Energy Savings		2929		2929
	141457	Total Income		89286
2022-23		EXPENDITURE	2023-24
		Direct Expenses
	16404	Purchase, Parts, Materials		3215	322	2893	7,
	2080	Fixed Assets		3550	3550		5,
	0	Repairs		30		30
	18484	Total Direct Expenses		6795
		Overheads
	12	Financial Fees		120	40	80	7,
	1486	Field Trip Costs		2863		2863	6,
	3725	Insurance		4115	1372	2743	7,
	0	Fund Raising Expenses		0
	1545	Legal & Professional Costs		1676	559	1117	7,
	5000	Loan Repayment		5000	5000
	3960	Light & Heat		4893	1631	3262	7,
	2218	Overseas Payments		0
	0	Project Costs		3124	3124
	0	Publicity		200	200
	5286	Rent, Rates & Water Charges		5241	1747	3494	7,
	29798	Salary		27530	27530		8,
	4902	Shipping		0
	89	Stationary & Postage		73		73
	335	Other Expenditure		1363		1363
	1016	Telephone		1100	550	550	7,
	4490	Travel & Subsistence		4047	3639	408	7,
	6251	Vehicle Fuel/Motor Expenses		3632	1211	2421	7,
	16217	Volunteer Expenses		10571	7047	3524	9,
	86330	Total Overhead Expenses		75548
	104814	Total Expenditure		82343
	36643	Profit/Loss		6943

ANNUAL ACCOUNTS - Company Number: NI52306 (NI) 1st APRIL 2022 to 31st MARCH 2023 ASSETS & LIABILITIES - Registered Charity Number: NIC100614

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2022-23

13,

LIABILITIES 2023-24 11034 Creditors 33063 11034 TOTAL LIABILITIES 33063 105205 TOTAL ASSETS LESS LIABILITIES 88993

Tools For Solidarity

ANNUAL ACCOUNTS - Company Number: NI52306 (NI) 1st APRIL 2022 to 31st MARCH 2023 BALANCE SHEET - Registered Charity Number: NIC100614


2022-23		Fixed Assets
	376600	Tangible Assets	376600	5,
		Current Assets
	14959	Debtors	13833	12,
	101280	Cash in Hand	108223	1,
	116239	Total Current Assets	122056
		Creditors
	-11034	Amount falling within one year	-33063	13,
	105205	Net Current Assets/(Liabilities)	88993
	481805	Total Assets Less Current Liabilities	465593
		Creditors
	0	Amount falling due more than one year	0
	481805	Total Funds/Net Assets	465593

Notes to the Accounts

1, Cash assets include fund of £60,000 held in Building Society in excess of the Reserve policy
2, Grants from the EU – European Voluntary Service for the support of International Volunteers in Northern Ireland
3,
Other Grants incl - BHSCT (16895), Irish Govt (£18799), Unicorn (£4500), Ulster
4, Rental Income from Volunteer House and Storage Warehouse
5, Fixed Assets include Volunteer house, Workshop and Shared ownership of Storage Warehouse
6, Field trips to Tanzania
7, Overhead costs attributed to indirect/direct costs on an apportionment basis
8, Salaries for Development Educational Worker, Supported Volunteers Co-ord.,Project Co-ord. And Workshop/Office Staff
9, Volunteer Expenses incl. supported volunteers, Core Volunteers, International Volunteers plus out of pocket expenses
11, Motor Vehicles are depreciated on a 5 year cycle
12, Incl O/S balance for EDS from Irish Govt
13, Incl Committed expenditure for EDS program, Salaries and repayment of Loan

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O	101280	100131	117863	114630
INCOME	April-June	July-Sept	Oct-Dec	Jan- March
Building Society/Bank Interest Donations Grants (EVS) Grants Other Other Income Rent Income Scrap Metal Sales Gift Aid Yarn Sales VAT Refunds Sewing Machine/Tools sales Foreign Payments Fund Raising EnergySaving	0	0	2448	0
	4472	1189	1446	3306
	14959	0	0	0
	5198	28798	3899	3899
	247	583	177	118
	2600	1460	2260	1940
	0	506	566	0
	0	0	0	545
	0	979	207	38
	853	0	784	288
	151	425	365	1127
	205	0	0	0
	0	0	320	0
	0	1640	1288	0

TOTAL INCOME =	28685	35580	13760	11261

EXPENDITURE	April-June	July-Sept	Oct-Dec	Jan- March
*Direct Expenses* Purchase, Parts, Materials Fixed Assets Repairs Total Direct Expenses *Overheads* Bank Fees Project Costs Field Trip Costs Publicity Insurance Legal & Professional Costs Light & Heat Loan Repayment Rent, Rates & Water Charges Salary Stationary & Postage Other Expenditure Telephone Travel & Subsistence Vehicle Fuel/Motor Expenses Volunteer Expenses Total Overhead Expenses
	1168	612	475	960
	0	0	3550	0
	30	0	0	0
	1198	612	4025	960


	13	12	12	83
	3124	0	0	0
	2799	64	0	0
	200	0	0	0
	842	811	565	1897
	1248	100	0	328
	1323	1165	903	1502
	1250	1250	1250	1250
	4002	377	467	394
	7138	8006	5178	7207
	6	14	53	0
	173	100	40	1050
	271	268	279	282
	1443	802	982	820
	934	807	1122	770
	3870	3460	2117	1125
	28636	17236	12968	16708

TOTAL EXP =	29834	17848	16993	17668

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