E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

Charity registration number: 100830 

## The Wee Charity Shop 

Annual Report and Financial Statements 

for the Year Ended 31 March 2024 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Contents (continued)** 

|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2|
|Independent Examiner's Report|3 to 4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 10|





E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Reference and Administrative Details** 

**Trustees** Marian Cox Peter Barr Aine Maginn Jonathan Hall Jackie Trotman **Charity Registration Number** 100830 **Principal Office** 10c Donard Street Newcastle Co. Down BT33 0AW **Independent Examiner** KPS Accountants Limited 50A Main Street Newcastle Co. Down BT33 0AD 

Page 1 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Trustees' Report** 

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2024. 

## **Structure, governance and management** 

## _**Nature of governing document**_ 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

## _**Risk management**_ 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

The annual report was approved by the trustees of the charity on 13 February 2025 and signed on its behalf by: 

M Cox 13/Feb/2025 13:21:32 


......................................... Marian Cox Trustee 

P H Barr 13/Feb/2025 14:22:41 

## Peter H Barr 

......................................... Peter Barr Trustee 

Page 2 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Independent Examiner's Report to the trustees of The Wee Charity Shop** 

I report to the trustees on my examination of the accounts of The Wee Charity Shop for the year ended 31 March 2024. 

## **Respective responsibilities of trustees and examiner** 

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Northern Ireland) 2008. 

It is my responsibility to: 

- examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008; 

- follow the procedures laid down in the general Directions given by the Charity Commission for Northern 

- Ireland under section 65(9)(b) of the Charities Act; and 

- state whether particular matters have come to my attention. 

## **Basis of independent examiner's report** 

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. 

My examination included 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 charity trustees concerning any such matters. 

My role is to state whether any material matters have come to my attention giving me cause to believe: 

1. That accounting records were not kept in accordance with section 63 of the Charities Act 

2. That the accounts do not accord with those accounting records 

3. That the accounts do not comply with the accounting requirements of the Charities Act 

4. That there is further information needed for a proper understanding of the accounts to be reached. 

## **Independent examiner's statement** 

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. 

Page 3 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Independent Examiner's Report to the trustees of The Wee Charity Shop (continued)** 

N Toner 13/Feb/2025 13:16:49 

## Nicole Toner 

...................................... Nicole Toner ACCA KPS Accountants Limited 50A Main Street Newcastle Co. Down BT33 0AD 

13 February 2025 

Page 4 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Statement of Financial Activities for the Year Ended 31 March 2024** 

|||**Unrestricted**|||**Total**|
|---|---|---|---|---|---|
|||**funds**|||**2024**|
||**Note**|**£**|||**£**|
|**Income and Endowments from:**||||||
|Other trading activities||103,152|||103,152|
|Total income||103,152|||103,152|
|**Expenditure on:**||||||
|Raising funds||(48,021)|||(48,021)|
|Charitable activities||(50,082)|||(50,082)|
|Total expenditure||(98,103)|||(98,103)|
|Net income||5,049|||5,049|
|Net movement in funds||5,049|||5,049|
|**Reconciliation of funds**||||||
|Total funds brought forward||34,667|||34,667|
|Total funds carried forward|8|39,716|||39,716|
|||**Unrestricted**|||**Total**|
|||**funds**|||**2023**|
||**Note**|**£**|||**£**|
|**Income and Endowments from:**||||||
|Other trading activities||89,067|||89,067|
|Total income||89,067|||89,067|
|**Expenditure on:**||||||
|Raising funds||(38,377)|||(38,377)|
|Charitable activities||(24,242)|||(24,242)|
|Total expenditure||(62,619)|||(62,619)|
|Net income||26,448|||26,448|
|Net movement in funds||26,448|||26,448|
|**Reconciliation of funds**||||||
|Total funds brought forward||8,219|||8,219|
|Total funds carried forward|8|34,667|||34,667|



All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 8. 

The notes on pages 7 to 10 form an integral part of these financial statements. Page 5 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **(Registration number: 100830) Balance Sheet as at 31 March 2024** 

|||**2024**|||**2023**|
|---|---|---|---|---|---|
||**Note**|**£**|||**£**|
|**Fixed assets**||||||
|Tangible assets|5|814|||859|
|**Current assets**||||||
|Cash at bank and in hand|6|43,502|||38,019|
|**Creditors: Amounts falling due within one year**|7|(4,600)|||(4,211)|
|**Net current assets**||38,902|||33,808|
|**Net assets**||39,716|||34,667|
|**Funds of the charity:**||||||
|**Unrestricted income funds**||||||
|Unrestricted funds||39,716|||34,667|
|**Total funds**|8|39,716|||34,667|



The financial statements on pages 5 to 10 were approved by the trustees, and authorised for issue on 13 February 2025 and signed on their behalf by: 

M Cox 13/Feb/2025 13:21:32 


......................................... Marian Cox Trustee 

P H Barr 13/Feb/2025 14:22:41 

## Peter H Barr 

......................................... Peter Barr Trustee 

The notes on pages 7 to 10 form an integral part of these financial statements. Page 6 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Notes to the Financial Statements for the Year Ended 31 March 2024** 

## **1 Accounting policies** 

## **Income and endowments** 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 

## **Expenditure** 

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Support costs** 

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Depreciation and amortisation** 

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: 

**Asset class Depreciation method and rate** Fixtures and fittings 20% on cost 

## **Fund structure** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

The financial statements have been prepared under the historical cost convention, the Charities Act (Northern Ireland) 2008 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 

Page 7 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)** 

## **2 Income from other trading activities** 

|**2**<br>**Income from other trading activities**|||||
|---|---|---|---|---|
||**Unrestricted**||||
||**funds**|||**Total**|
||**General**|||**funds**|
||**£**|||**£**|
|Trading income;|||||
|Shop income from sale of donated goods and services|103,152|||103,152|
|**Total for 2024**|103,152|||103,152|
|**Total for 2023**|89,067|||89,067|



## **3 Trustees remuneration and expenses** 

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. 

No trustees have received any reimbursed expenses from the charity during the year. 

## **4 Staff costs** 

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows: 

||||**2024**|||**2023**||
|---|---|---|---|---|---|---|---|
||||**No**|||**No**||
|Number|of|employees||2|||2|



No employee received emoluments of more than £60,000 during the year 

Page 8 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)** 

## **5 Tangible fixed assets** 

|**5**<br>**Tangible fixed assets**|||||||||
|---|---|---|---|---|---|---|---|---|
|||**Furniture and**|||||||
|||**equipment**|||||**Total**||
|||**£**|||||**£**||
|**Cost**|||||||||
|At 1 April 2023||10,664|||||10,664||
|Additions||384|||||384||
|At 31 March 2024||11,048|||||11,048||
|**Depreciation**|||||||||
|At 1 April 2023||9,805|||||9,805||
|Charge for the year||429|||||429||
|At 31 March 2024||10,234|||||10,234||
|**Net book value**|||||||||
|At 31 March 2024||814|||||814||
|At 31 March 2023||859|||||859||
|**6**<br>**Cash and cash equivalents**|||||||||
|||**2024**|||||**2023**||
|||**£**|||||**£**||
|Cash on hand||6,060|||||4,328||
|Cash at bank||37,442|||||33,691||
|||43,502|||||38,019||
|**7**<br>**Creditors: amounts falling due within one year**|||||||||
|||**2024**|||||**2023**||
|||**£**|||||**£**||
|Other taxation and social security||142|||||151||
|Other creditors||83|||||84||
|Accruals||4,375|||||3,976||
|||4,600|||||4,211||



Page 9 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)** 

## **8 Funds** 

|**8**<br>**Funds**||||||||
|---|---|---|---|---|---|---|---|
||**Balance at 1**||**Incoming**||**Resources**||**Balance at 31**|
||**April 2023**||**resources**||**expended**||**March 2024**|
||**£**||**£**||**£**||**£**|
|**Unrestricted funds**||||||||
|General|34,667||103,152||(98,103)||39,716|
||**Balance at 1**||**Incoming**||**Resources**||**Balance at 31**|
||**April 2022**||**resources**||**expended**||**March 2023**|
||**£**||**£**||**£**||**£**|
|**Unrestricted funds**||||||||
|General|8,219||89,067||(62,619)||34,667|
|**9**<br>**Analysis of net funds**||||||||
||||||**At 1 April**||**At 31 March**|
||||||**2023**||**2024**|
||||||**£**||**£**|
|Cash at bank and in hand|||||38,019||38,019|
|Net debt|||||38,019||38,019|



## **10 Related party transactions** 

During the year the charity made the following related party transactions: 

## **Moneydarragh Community Hub Limited** 

## (Mrs Cox. is a Trustee on charities.) 

A donation of £2,000 had been made from The Wee Charity Shop to Moneydarragh Community Hub Limited in this period.. At the balance sheet date the amount due to/from Moneydarragh Community Hub Limited was £Nil (2023 - £Nil). 

There were no related party transactions in the year. 

Page 10 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Detailed Statement of Financial Activities for the Year Ended 31 March 2024** 

||**Total**|||**Total**|
|---|---|---|---|---|
||**2024**|||**2023**|
||**£**|||**£**|
|**Income and Endowments from:**|||||
|Other trading activities (analysed below)|103,152|||89,067|
|Total income|103,152|||89,067|
|**Expenditure on:**|||||
|Raising funds (analysed below)|(48,021)|||(38,377)|
|Charitable activities (analysed below)|(50,082)|||(24,242)|
|Total expenditure|(98,103)|||(62,619)|
|Net income|5,049|||26,448|
|Net movement in funds|5,049|||26,448|
|**Reconciliation of funds**|||||
|Total funds brought forward|34,667|||8,219|
|Total funds carried forward|39,716|||34,667|



This page does not form part of the statutory financial statements. Page 11 



E-Sign ID: ff45dc27-d111-4c0b-a60e-86f9e7b4906f 

## **The Wee Charity Shop** 

## **Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued)** 

|**(continued)**|||||
|---|---|---|---|---|
||**Total**|||**Total**|
||**2024**|||**2023**|
||**£**|||**£**|
|**_Other trading activities_**|||||
|Sales of donated goods|103,152|||89,067|
||103,152|||89,067|
|**_Raising funds_**|||||
|Rent|(10,800)|||(10,800)|
|Light, heat and power|(2,997)|||(1,985)|
|Insurance|(776)|||(392)|
|Repairs and maintenance|(72)|||(160)|
|Telephone and fax|(461)|||(307)|
|Sundry expenses|(5,072)|||(2,475)|
|Advertising|(250)|||-|
|Accountancy fees|(1,800)|||(1,872)|
|Bank charges|(30)|||-|
|Depreciation of fixtures and fittings|(429)|||(444)|
|Wages and salaries|(24,960)|||(19,560)|
|Staff pensions|(374)|||(382)|
||(48,021)|||(38,377)|
|**_Charitable activities_**|||||
|Charitable donations|(50,082)|||(24,242)|
||(50,082)|||(24,242)|



This page does not form part of the statutory financial statements. Page 12 



This Document has been Signed with a **secure electronic signature** via E-Sign. 


## **Envelope Details** 

|**Title**|The Wee Charity Shop 31.03.24|
|---|---|
|**Author**|Nicole Toner (ntoner@kpsca.co.uk)|
|**Envelope Created on**|Thu, 13 Feb 2025 13:16:38|
|**Envelope ID**|ff45dc27-d111-4c0b-a60e-86f9e7b4906f|



## **Document Details** 

|**Title**|Accounts_for_Signing_31.03.24.pdf.pdf|
|---|---|
|**Digital Fingerprint**|3d56cda8-c03b-4883-95e0-83689a2ac3da|



## **Document Signers** Scan/Click the QR Code to view signature information 

|**Name**|**Peter Barr**|
|---|---|
|**Email**|barr216@btinternet.com|
|**Status**|**SIGNED**at Thu, 13 Feb 2025 14:22:41 GMT(+0000)|
|**Signature Fingerprint**|2b486836-942c-49be-94ff-02b4fe8c0635|
|**Name**|**Nicole Toner**|
|**Email**|ntoner@kpsca.co.uk|
|**Status**|**SIGNED**at Thu, 13 Feb 2025 13:16:49 GMT(+0000)|
|**Signature Fingerprint**|6a23b1fd-362b-44ca-9938-20a3c4b6ffe1|
|**Name**|**Marian Cox**|
|**Email**|maryrmcox@gmail.com|
|**Status**|**SIGNED**at Thu, 13 Feb 2025 13:21:32 GMT(+0000)|
|**Signature Fingerprint**|13edb97b-fd3e-4a4d-a73e-95b652b6ade2|






## **Document History** 

|**Thu,**|**13**|**Feb**|**2025**|**14:22:41**|**Peter Barr**Signed the Document (IP: 90.198.228.171)|
|---|---|---|---|---|---|
|**Thu,**|**13**|**Feb**|**2025**|**13:21:32**|**Marian Cox**Signed the Document (IP: 149.50.161.196)|
|**Thu,**|**13**|**Feb**|**2025**|**13:16:49**|**Nicole Toner**Signed the Document (IP: 151.2.214.200)|










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