REGISTERED COMPANY NUMBER: NI602795 (Northern Ireland) REGISTERED CHARITY NUMBER: 102175
Report of the Trustees and
Financial Statements
for the Year Ended 31 August 2023
for
Storehouse (NI) (A Company Limited by Guarantee)
McCleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 1TP
Storehouse (NI)
Contents of the Financial Statements for the Year Ended 31 August 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 to 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Financial Statements | 10 to 16 |
| Detailed Statement of Financial Activities | 17 to 18 |
Storehouse (NI)
Report of the Trustees for the Year Ended 31 August 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Our Mission To develop communities that recognise the significance in everyone.
We recognise that poverty of any kind often steals self-worth and value, driving people towards isolation and stripping away dignity and individual significance. We believe that, by both meeting practical needs through provision and developing positive community environments, these patterns can be reversed, and dignity, significance and hope can be restored leading to individual and community wide flourishing.
Our Objectives and Aims
Our aim in Storehouse (NI) is to combat physical poverty and develop healthy, positive communities throughout the Greater Belfast Area. We do this, for the public benefit, through our two objectives:
(a) To relieve financial hardship and poverty and to promote and preserve good health by the provision of funds, goods or services of any kind, including emergency food, clothing and household goods. The direct benefits which flow from this purpose include improvement of health, reduction of anxiety and stress associated with a poverty lifestyle. These benefits can be demonstrated by feedback from referring partner agencies, continued monitoring of service user circumstances and ongoing evaluation of our service delivery.
(b) To benefit the residents of the Greater Belfast Area and beyond without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents. The direct benefits which flow from this purpose include increased understanding and awareness of local poverty issues, reduction in poverty driven isolation and an increase in opportunity for social interaction. These benefits can be demonstrated by provision of educational presentations in schools, churches etc., ongoing training of volunteers and provision of facilities for multiple social and educational programmes ran by ourselves and third-party organisations.
Who do we benefit?
The charity's beneficiaries are those living within the Greater Belfast Area lacking the ability to provide themselves with the basic essentials of life as referred to us by our partners and those in receipt of an increased awareness of local poverty issues through our educational presentations and training sessions.
How do we mitigate harm?
The purposes of the charity may lead to harm by producing an over dependency on charitable provision however, through ongoing monitoring of individual service user access the risk of harm is outweighed by the benefits. The only private benefit flowing from the purposes is ongoing training in relevant fields accessible to the trustees and this is incidental and necessary because it directly impacts their ability to serve within the charity.
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Storehouse (NI)
Report of the Trustees for the Year Ended 31 August 2023
OBJECTIVES AND ACTIVITIES
Background
Launched in 2008, as a project of Belfast City Vineyard Church, Storehouse had a very simple aim; to combat food poverty throughout the Greater Belfast area, working towards the day when no one in our city should have to go hungry. Since then, the project has evolved with Storehouse (NI) being established in 2010 and the focus broadening to encompass other basic needs such as clothes, furniture and household goods. Today Storehouse is providing around 150 food parcels, seeing 200 referrals in our centre, and making around 10 furniture deliveries every week. We partner with over 200 charities and agencies across the city and work alongside more than 70 churches, schools, and businesses.
How did we do?
In the year ending 31 August 2023, Storehouse (NI) continued to grow in influence within the Greater Belfast Area and provided a significant service to those living in circumstances of poverty and financial, relational or emotional hardship. We delivered on our objectives in the following ways:
a) We continued to run 4 referral sessions per week, 51 weeks in the year, staffed by an amazing volunteer team. This was our first full year running our onsite "shop" allowing service users the dignity of maximum choice. Within these sessions we had roughly 5,750 visits to our food shop, where we were able to provide over 130,000 items of food and toiletries to those in need. On top of that we were able to supply over 15,500 items of clothing and deliver close to 600 items of furniture to families and individuals living within poverty throughout Belfast. The value of the goods given, without charge to the individuals served, is estimated to be around £210,000. We provided this practical help to over 1,750 unique homes across the city, representing a vast spectrum of the community including, but not limited to, families with young children, individuals living on benefits, those struggling with cycles of addiction or mental health issues, the homeless, refugees and asylum seekers.
b) Alongside the practical provision we sought to develop a healthy, positive community within our service users and volunteers and the wider Belfast community through facilitating some relational based environments such as art and pottery groups, guitar classes, football, baking, photography and filmography, English classes and much more. We continue to run our weekly Wednesday morning breakfast drop in space, providing both a hot breakfast and a space of positive community to over 60 guests every week. Throughout the year we have had the joy of welcoming a trained advice agent into our breakfast space, providing bespoke advice to those in need around issues of housing and benefits. This year also saw us form a strategic partnership with Hope into Action, a UK based national charity, helping to empower churches to house the homeless. Investors were sought and our first house was acquired. We finished the current financial year in the process of refurbishment and seeking our first licensees.
Throughout the year we have continued to speak in many of our 80+ partner churches, schools and businesses, sharing about the work of Storehouse and more importantly speaking to perceptions of local poverty issues and inviting 100's into ongoing conversations about the challenges facing our communities. We have offered training to our amazing team of 150+ volunteers in areas such as health and safety, safeguarding, first aid, food hygiene, suicide awareness, understanding the benefit and asylum systems and much more. We have facilitated learning placements for college and university students as well. We continue to seek a better understanding for all, across the socio-economic divides within our city.
FINANCIAL REVIEW
Investment powers and policy
The constitution of Storehouse (NI) authorises the Trustees to make and hold investments using its funds. Cash balances are currently held with the Cooperative Bank plc. The Trustees, with regard to the liquidity requirements of the organisation, have operated a policy of keeping funds within interest bearing accounts.
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Storehouse (NI)
Report of the Trustees for the Year Ended 31 August 2023
FINANCIAL REVIEW
Reserves policy
The Trustees who served in this period have undertaken the work of the charity, identified the major risks to which the charity is exposed and are satisfied that all appropriate policies are in place to mitigate these risks. Storehouse (NI) maintains reserves in order to cover fluctuations in income and expenditure, to allow for any major unexpected expenditure or to mitigate any decline in the overall financial environment.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational structure
Storehouse (NI) is a company limited by guarantee as well as a registered charity, in which the company directors form the board of Trustees. The liability of each Trustee in the event of a winding up is limited to £1. The day-to-day running is delegated to the employed staff.
Induction and training of new trustees
New Trustees are appointed when appropriate. Suitable candidates are considered on the basis of their skills, experience and sympathy with the aims of the charity. New Trustees have the opportunity of reviewing appropriate documents, including the accounts, as part of the induction process.
Risk management
The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. They include:
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An annual budget approved by the Trustees
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Regular review by the Trustees of financial reports
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Identification and management of risk
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
NI602795 (Northern Ireland)
Registered Charity number
102175
Registered office
1st Floor Temple Court 39 North Street Belfast Co. Antrim BT1 1NA
Trustees
Mr Alan Roye Carson Associate Pastor Rev Andrew Textor Smith Minister Of Religion Mr Timothy Mairs Director
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Storehouse (NI)
Report of the Trustees for the Year Ended 31 August 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
John McCleary FCA McCleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 1TP
Bankers
The Co-Operative Bank P O Box 101 Balloon Street Manchester M60 4EP Approved by order of the board of trustees on 23 April 2024 and signed on its behalf by:
Mr Alan Roye Carson - Trustee
Page 4
Independent Examiner's Report to the Trustees of Storehouse (NI)
I report on the accounts of the company for the year ended 31 August 2023, which are set out on pages seven to sixteen.
Respective responsibilities of charity trustees and examiner
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under Section 65 of the Charities Act
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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
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state whether particular matters have come to my attention.
Basis of the 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. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included 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:
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That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
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That the accounts do not accord with those accounting records
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That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
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That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in Ireland which is one of the listed bodies.
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.
John McCleary FCA
McCleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim
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Independent Examiner's Report to the Trustees of Storehouse (NI)
BT28 1TP
23 April 2024
Page 6
Storehouse (NI)
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 August 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 435,337 Investment income 2 176 Other income 4,000 Total 439,513 EXPENDITURE ON Raising funds 225,882 Charitable activities Direct Costs 187,061 Support Costs 6,339 Total 419,282 NET INCOME 20,231 Transfers between funds 10 (16,789) Net movement in funds 3,442 RECONCILIATION OF FUNDS Total funds brought forward 212,668 TOTAL FUNDS CARRIED FORWARD 216,110 |
Restricted funds £ 31,106 - - 31,106 - 19,440 - 19,440 11,666 16,789 28,455 17,322 45,777 |
31.8.23 Total funds £ 466,443 176 4,000 470,619 225,882 206,501 6,339 438,722 31,897 - 31,897 229,990 261,887 |
31.8.22 Total funds £ 470,118 10 16,000 486,128 245,181 199,046 3,670 447,897 38,231 - 38,231 191,759 229,990 |
|---|---|---|---|
The notes form part of these financial statements
Page 7
Storehouse (NI)
Balance Sheet 31 August 2023
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 11,590 CURRENT ASSETS Debtors 8 2,112 Cash at bank 205,503 207,615 CREDITORS Amounts falling due within one year 9 (3,095) NET CURRENT ASSETS 204,520 TOTAL ASSETS LESS CURRENT LIABILITIES 216,110 NET ASSETS 216,110 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 45,777 - - - - - 45,777 45,777 |
31.8.23 Total funds £ 57,367 2,112 205,503 207,615 (3,095) 204,520 261,887 261,887 216,110 45,777 261,887 |
31.8.22 Total funds £ 6,327 1,212 226,144 227,356 (3,693) 223,663 229,990 229,990 212,668 17,322 229,990 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Storehouse (NI)
Balance Sheet - continued 31 August 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 23 April 2024 and were signed on its behalf by:
Mr Alan Roye Carson - Trustee
Rev Andrew Textor Smith - Trustee
The notes form part of these financial statements
Page 9
Storehouse (NI)
Notes to the Financial Statements for the Year Ended 31 August 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Improvements to property | - 4% on reducing balance |
|---|---|
| Fixtures and fittings | - 25% on reducing balance |
| Motor vehicles | - 25% on reducing balance |
| Computer equipment | - 25% on reducing balance |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
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.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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Storehouse (NI)
Notes to the Financial Statements - continued for the Year Ended 31 August 2023
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.8.23 | 31.8.22 | |
| £ | £ | |
| Deposit account interest | 176 | 10 |
| NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
31.8.23 £ 4,101 |
31.8.22 £ 1,487 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| 31.8.23 Management and Admin 5 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 454,494 15,624 Investment income 10 - Other income 16,000 - Total 470,504 15,624 EXPENDITURE ON Raising funds 245,181 - |
31.8.22 5 Total funds £ 470,118 10 16,000 486,128 245,181 |
|---|---|
continued...
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Storehouse (NI)
Notes to the Financial Statements - continued for the Year Ended 31 August 2023
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | continued | continued |
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||||
| fund | funds | funds | |||||||
| £ | £ | £ | |||||||
| Charitable activities | |||||||||
| Direct Costs | 197,418 | 1,628 | 199,046 | ||||||
| Support Costs | 3,670 | - | 3,670 | ||||||
| Total | 446,269 | 1,628 | 447,897 | ||||||
| NET INCOME | 24,235 | 13,996 | 38,231 | ||||||
| RECONCILIATION OF FUNDS | |||||||||
| Total funds brought forward | 188,433 | 3,326 | 191,759 | ||||||
| TOTAL FUNDS CARRIED | |||||||||
| FORWARD | 212,668 | 17,322 | 229,990 | ||||||
| 7. | TANGIBLE FIXED ASSETS | ||||||||
| Improvements Fixtures |
|||||||||
| COST | to and property fittings £ £ |
Motor vehicles £ |
Computer equipment £ |
Totals £ |
|||||
| At 1 September 2022 | - 11,062 |
7,440 | 2,157 | 20,659 | |||||
| Additions | 21,612 | 9,954 | 21,000 | 2,575 | 55,141 | ||||
| At 31 August 2023 | 21,612 21,016 |
28,440 | 4,732 | 75,800 | |||||
| DEPRECIATION | |||||||||
| At 1 September 2022 | - | 8,659 | 4,392 | 1,281 | 14,332 | ||||
| Charge for year | 792 | 1,660 | 960 | 689 | 4,101 | ||||
| At 31 August 2023 | 792 10,319 |
5,352 | 1,970 | 18,433 | |||||
| NET BOOK VALUE | |||||||||
| At 31 August 2023 | 20,820 10,697 |
23,088 | 2,762 | 57,367 | |||||
| At 31 August 2022 | - | 2,403 | 3,048 | 876 | 6,327 | ||||
continued...
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Storehouse (NI)
Notes to the Financial Statements - continued for the Year Ended 31 August 2023
| 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors Accrued expenses 10. MOVEMENT IN FUNDS Net movement At 1.9.22 in funds £ £ Unrestricted funds General fund 212,668 20,231 Restricted funds Change The Lens 2,322 (514) Storehouse Refurbishment 15,000 (1,776) Van Purchase - 13,956 17,322 11,666 TOTAL FUNDS 229,990 31,897 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 439,513 Restricted funds Change The Lens - Storehouse Refurbishment - Van Purchase 14,306 Social Supermarket 16,800 31,106 TOTAL FUNDS 470,619 |
31.8.23 31.8.22 £ £ 2,112 1,212 31.8.23 31.8.22 £ £ - 634 1,849 1,849 1,246 1,210 3,095 3,693 Transfers between At funds 31.8.23 £ £ (16,789) 216,110 253 2,061 9,842 23,066 6,694 20,650 16,789 45,777 - 261,887 Resources Movement expended in funds £ £ (419,282) 20,231 (514) (514) (1,776) (1,776) (350) 13,956 (16,800) - (19,440) 11,666 (438,722) 31,897 |
|---|---|
continued...
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Storehouse (NI)
Notes to the Financial Statements - continued for the Year Ended 31 August 2023
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.9.21 £ Unrestricted funds General fund 188,433 Restricted funds Change The Lens 3,326 Storehouse Refurbishment - 3,326 TOTAL FUNDS 191,759 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 470,504 Restricted funds Change The Lens 624 Storehouse Refurbishment 15,000 15,624 TOTAL FUNDS 486,128 |
Net movement At in funds 31.8.22 £ £ 24,235 212,668 (1,004) 2,322 15,000 15,000 13,996 17,322 38,231 229,990 Resources Movement expended in funds £ £ (446,269) 24,235 (1,628) (1,004) - 15,000 (1,628) 13,996 (447,897) 38,231 |
|---|---|
continued...
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Storehouse (NI)
Notes to the Financial Statements - continued for the Year Ended 31 August 2023
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Change The Lens Storehouse Refurbishment Van Purchase TOTAL FUNDS |
At 1.9.21 £ 188,433 3,326 - - 3,326 191,759 |
Net movement in funds £ 44,466 (1,518) 13,224 13,956 25,662 70,128 |
Transfers between funds £ (16,789) 253 9,842 6,694 16,789 - |
At 31.8.23 £ 216,110 2,061 23,066 20,650 45,777 261,887 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Change The Lens Storehouse Refurbishment Van Purchase Social Supermarket TOTAL FUNDS |
Incoming resources £ 910,017 624 15,000 14,306 16,800 46,730 956,747 |
Resources Movement expended in funds £ £ (865,551) 44,466 (2,142) (1,518) (1,776) 13,224 (350) 13,956 (16,800) - (21,068) 25,662 (886,619) 70,128 |
|---|---|---|
continued...
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Storehouse (NI)
Notes to the Financial Statements - continued for the Year Ended 31 August 2023
11. RELATED PARTY DISCLOSURES
Payments to the staff pension scheme are made by Belfast City Vineyard Church. Payment is then transferred from Storehouse (NI) to Belfast City Vineyard Church. At 31 August 2023 £1,848 was owed to Belfast City Vineyard Church in relation to pensions paid.
Included in other income is £4,000 received from Belfast City Vineyard Church for their portion of the rent charge (2022 - £16,000). Belfast City Vineyard Church shares premises with Storehouse (NI).
All of the Trustee's of Storehouse (NI) are also Trustee's of Belfast City Vineyard Church.
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Storehouse (NI)
| Detailed Statement of Financial Activities for the Year Ended 31 August 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Donated services and facilities Investment income Deposit account interest Other income Other Income Total incoming resources EXPENDITURE Raising donations and legacies Overheads and Production Costs Donated Goods Charitable activities Wages Social security Pensions Operational costs Subscriptions and Donations Improvements to property Fixtures and fittings depreciation Motor vehicle depreciation Computer equipment depreciation Support costs Other Volunteer Costs |
31.8.23 £ 287,591 20,177 158,675 466,443 176 4,000 470,619 67,207 158,675 225,882 93,533 3,720 3,787 101,008 352 792 1,660 960 689 206,501 5,091 |
31.8.22 £ 264,207 21,076 184,835 470,118 10 16,000 486,128 60,346 184,835 245,181 99,520 4,397 3,932 89,441 269 - 635 762 90 199,046 2,478 |
|---|---|---|
This page does not form part of the statutory financial statements
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Storehouse (NI)
| Detailed Statement of Financial Activities for the Year Ended 31 August 2023 Other Governance costs Accountancy and legal fees Total resources expended Net income |
31.8.23 £ 1,248 438,722 31,897 |
31.8.22 £ 1,192 447,897 38,231 |
|---|---|---|
This page does not form part of the statutory financial statements
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